In what could be a major sign of things to come, the European Central Bank just switched to Chinese Yuan for the first time. Will this be the beginning of the end for the fiat US dollar? Continue reading The European Central Bank Switched to Chinese Yuan for the first time!
Venezuela continues to defy western financial attack by never knelling to western banks seeking to profit on the agony of its citizens. Goldman Sachs is betting on the current low priced state oil firm stocks, while the other arm of the Deep State is doing all it can to put in power Venezuelan opposition parties under its thumb. Continue reading Venezuela Not Paying $2.8 Billion Bonds Now Held by Goldman Sachs
One of the most successful use of esoteric arts is the creation of the perception of wealth that we know today as money. Everybody falls for it. Continue reading The Banking Secret that neither Economists nor Laypeople Know | G. Washington
Wealthy Americans are preparing for a possible US collapse or revolt by the poor and buying properties in New Zealand, The New Yorker magazine reported. Continue reading Super-rich American ‘preppers’ buying Estates in New Zealand
During the massive resignations of banking CEOs around the world in the early part of the year 2012 [here], there’s already a lot of speculations that some of these bad bankers will be executed for abusing the trust of the people by giving themselves huge bonuses after the $15 trillion bailout using taxpayers’ money, among other high crimes.
Saudi Arabia’s deliberate increase in oil production to plunge oil prices is not to deplete the Khazarian Mafia’s financial muscle as earlier reported but is actually aimed at undermining Russian economy to bring down Vladimir Putin.
Today, Chinese President Xi Jinping calls for “a joint battle command system that wins war” in response to constant Khazarian instigation for war, capitalist sourgrapers they all are.
Overnight, China launched its gold-backed Yuan to boost its control over the gold and paper currency market at the same time. Although, mainstream media are saying that it is a “Yuan gold fix” where gold has a fix Yuan units equivalent, it’s basically the same banana.
Prior to WTC Building 7’s “mysterious” destruction, Larry Silverstein is said to have uttered, “Pull it, pull it!”,
while the structure was still burning.
We are also told that the exact time when the fiat dollar finally crashes is when the banks tell us exactly the opposite of how the fiat dollar is actually doing.
The combined printing of trillions in fiat dollar out of thin air, and owing more money than any nation in history just to finance the insatiable appetite of the military industrial complex instead of
modernizing its basic economic infrastructures and creating new industries, are the prime causes of the ongoing economic collapse in the United States today.
It used to be that the so-called economic hitmen were only targeting other countries outside of the West, but as these usual targets are slowly waking up to the scheme and started resisting the machinations, not without risk of course, those same economic hitmen are now targeting their own countries, too.
The financial crash is already happening and the central banks are visibly panicking, they are now resorting to negative interest rates for the first time!
The highly anticipated elimination of cash in favor for full electronic transactions is about to be implemented in Norway, Denmark, and Sweden.
The post-war Marshall Plan was funded with the Collateral Accounts from Asian historical treasures with a precondition that it must be used for peaceful post-war reconstruction.
The result of the well-coordinated operation to cut-off the Khazarian Mafia from the rest of the global economy is now undeniable. The fiat FED dollar denominated economy is effectively shut down as indicated in the free-falling Baltic Dry Index.
International cargo vessels today are all docked and anchored in most seaports all over the world, and the last trips they may have had were for the December holidays shopping spree.
As of yesterday, the most prominent global indicator for international shipment of physical goods, the London-based Baltic Dry Index, is in free fall.
The International Monetary Fund has just included the Chinese Yuan in its SDR basket of currencies paving the way for it to become a currency of choice starting October 2016. This Yuan SDR inclusion will further shutdown the dominance of the dollar as the preferred currency for global exchange.
The world’s biggest pension fund posted its worst quarterly loss since at least 2008 after a global stock rout in August and September wiped $64 billion off the Japanese asset manager’s investments.
When the United States economy is being threatened by large foreign creditors, e.g. China and Japan, it has no other option but to seize people’s assets, i.e. real estate properties and bank deposits. Already, the amount of police civil asset forfeitures have exceeded burglary in 2014 alone.
Multiple global banks have been fined “record breaking amounts” for foreclosure fraud and interest rigging, yet when we compare it to the actual damages that should have been awarded to the actual victims of the whole Ponzi scheme it would appear that the so-called “record breaking amounts” are just a trickle in the grand swindle bucket.
Everything about the US economy is ready to explode. The hesitance of the Federal Reserve, Inc. to raise interest rates was not just about China.
The final phase of the global financial reset is here and it’s ugly for the stock markets worldwide.
It’s still red all over the place.
Another chemical plant with 300,000 tons of adiponitrile exploded in China at 8:50 PM last night. That’s the second chemical storage to have been blown in a week, and we are asking ourselves why after decades of unprecedented economic progress, they still haven’t learn how to do things properly.
Is that really the case here?
The recent spate of bombings in Asia is just a symptom of what’s to come soon.
This is just a synopsis of what can be expected next month.
Just recently China devalues its Yuan from the dollar to benefit its exporters while making US products more expensive to import, in addition to the massive unloading of US dollars and US treasury bonds in exchange for gold bars. These actions coupled with that of the Saudis may further weaken the influence of the fiat US dollar worldwide and indeed that’s the whole idea.
Contrary to most expert assessments, China does have the capacity to play with its own currency and in fact, with the whole economy because it can survive by itself without being too dependent on Western markets, but with just a little help from friends in the BRICS Alliance.
Here’s one more proof that the whole financial system is one big swindle.
The paper-based monetary system started with nothing, literally. It came into life just by virtue of an imposed agreement. Played with rosy promises, the whole system was put into action with deliberately complex layers of paper shuffling and mind-numbing plethora of financial gobbledygook to cover its empty, shallow foundation.
The glorified usury system of the West has superheated past its boiling point and is ready to explode.
Eurozone leaders demanded that Greek public assets be transferred to a Treuhand-like fund – a fire-sale vehicle similar to the one used after the fall of the Berlin Wall to privatize quickly, at great financial loss, and with devastating effects on employment all of the vanishing East German state’s public property.
The Schiller Institute and the LaRouche Movement are being listened to by Asian governments and the economic template that they have formulated decades ago is serving as the fundamental outline of the Eurasian Project and the reestablishment of the Silk Road multi-cultural economic sphere.
But it’s not Asia only, or the BRICS in general, that are entering a new sociopolitical and economic phase .
Only days ago, the people of Greece gave a resounding NO to IMF/EU austerity bailout programme. Yet, no less than the man who called for such referendum capitulated to all the terms previously presented by the Troika with additional preconditions.