Bankers are Behind the Wars. Former managing director of Goldman Sachs – and head of the international analytics group at Bear Stearns in London (Nomi Prins) - notes: Throughout the century that I examined, which began with the Panic of 1907 … what I found by accessing the archives of each president is that through many events and periods, particular bankers were in constant communication [with the White House] — not just about financial and economic policy, and by extension trade policy, but also about aspects of World War I, or World War II, or the Cold War, in terms of the expansion that America was undergoing as a superpower in the world, politically, buoyed by the financial expansion of the banking community. *** In the beginning of World War I, Woodrow Wilson had adopted initially a policy of neutrality.
Indeed, JP Morgan also purchased control over America’s leading 25 newspapers in order to propagandize US public opinion in favor of US entry into World War 1. And many big banks did, in fact, fund the Nazis. The Link Between War and Big Finance. Veterans For Peace has joined in endorsing “Sounds of Resistance,” a concert and protest against Wall Street banks that draws the connections between militarism, Wall Street, the wealth divide and the downward spiral of the wealth of most Americans. The event, on April 15 at 11:00 a.m. in New York City’s Union Square Park, is part of a democratic awakening that more and more Americans are joining. Americans are recognizing the link between the military-industrial complex and the Wall Street oligarchs—a connection that goes back to the beginning of the modern U.S. empire. Banks have always profited from war because the debt created by banks results in ongoing war profit for big finance; and because wars have been used to open countries to U.S. corporate and banking interests.
Secretary of State, William Jennings Bryan wrote: “the large banking interests were deeply interested in the world war because of the wide opportunities for large profits.” 4th generation warfare & proxy wars. World War I. World War I (WWI or WW1), also known as the First World War, or the Great War, was a global war centred in Europe that began on 28 July 1914 and lasted until 11 November 1918. More than 70 million military personnel, including 60 million Europeans, were mobilised in one of the largest wars in history.
Over 9 million combatants and 7 million civilians died as a result of the war (including the victims of a number of genocides), a casualty rate exacerbated by the belligerents' technological and industrial sophistication, and the tactical stalemate caused by trench warfare, a grueling form of warfare in which the defender held the advantage. It was one of the deadliest conflicts in history, and paved the way for major political changes, including revolutions in many of the nations involved. The trigger for the war was the assassination of Archduke Franz Ferdinand of Austria, heir to the throne of Austria-Hungary, by Yugoslav nationalist Gavrilo Princip in Sarajevo on 28 June 1914.
Prelude. World War II. World War II (WWII or WW2), also known as the Second World War, was a global war that lasted from 1939 to 1945, though related conflicts began earlier. It involved the vast majority of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis. It was the most widespread war in history, and directly involved more than 100 million people from over 30 countries. In a state of "total war", the major participants threw their entire economic, industrial and scientific capabilities behind the war effort, erasing the distinction between civilian and military resources. World War II altered the political alignment and social structure of the world.
The United Nations (UN) was established to foster international co-operation and prevent future conflicts. Chronology Others follow the British historian A. The exact date of the war's end is also not universally agreed upon. Background.