by benjamin
February 22, 2016
Last week Zhou Xiaochuan, the head of China’s central bank, announced, in a jargon filled technical interview, that China would no longer be pegging its currency to the US dollar. Instead, the Chinese yuan will be linked to a broad basket of currencies, Zhou said.
http://english.caixin.com/2016-02-15/100909181.html
This seemingly arcane shift could trigger a collapse in the US dollar, which, as economist Peter Schiff put it “will be the single largest event in human history.”
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http://thelastgreatstand.com/2016/02/19/peter-schiff-dollar-collapse-will-be-the-single-biggest-event-in-human-history/
The fact is that 84% of the US workforce is in the service sector (banking, government, retail etc.), meaning they do not actually make anything. In other words, the Americans do not make enough stuff to pay for the stuff they are getting from the rest of the world. The corporate propaganda media still cling to the lie that the US is the world’s biggest economy and China is number two. That is outright fiction. The Chinese, for example, produce 11 times more steel than the US and, in the last 3 years alone, have produced more concrete than the US used during the entire 20th century. The Chinese have decided enough is enough and demanded real payment for their goods, not so-called US dollars.
The significance of the shift has been underlined by the double digit collapse in world trade in January and the shutting of US ports. Chinese exports in January fell by 11.2% year on year while imports fell 18.8%. Most of this was related to the US. The message was clear, the US was not going to be allowed any more to pay for stuff with money printed out of thin air.
This Chinese move is what prompted US Corporate Government Presidential spokesperson Barack Obama to ask Chinese elders and the Rothschild family for permission to devalue the US dollar, which was, as reported here last week, denied.
The failure to get permission to devalue the US dollar prompted Obama’s handlers to call an unscheduled emergency summit meeting of ASEAN heads of state last week in California.
In fact, the real meeting that took place in California was between General Joseph Dunford, head of the US military and General Mulyono, chief of staff of the Indonesian armed forces. The purpose of this meeting was to discuss gold, lots of gold, according to US based Pentagon sources and Indonesian based CIA sources. As a result of this meeting, the US was given the right to finance itself by exporting gold to China from the gigantic Freeport McMoRan mine in Papua. According to the CIA source, the gold ore is turned into slurry and pumped straight into ships that take it to Hong Kong for refining. The amount is unknown but apparently enough to keep the US government functioning.
Furthermore, at this meeting the US military was given permission to develop a massive new platinum and gold deposit and set up bases on Indonesian islands near the South China Sea. The Indonesians will get a large piece of the action, plus protection, in exchange for their cooperation, the sources said.
The bigger story behind all of this is that the US military has been building a global military alliance to make sure we do not end up with a one China world.
On February 11th, before the meeting with the Indonesian army chief, General Dunford met with the heads of the Japanese and South Korean armed forces, ostensibly to discuss “North Korean missiles.”
http://www.usfj.mil/Media/PressReleases/ArticleView/tabid/11402/Article/654342/joint-statement-on-trilateral-joint-chiefs-of-staff-meeting.aspx
The real point of the meeting was to ensure the Japanese and Korean armed forces aligned with the Russian, US and European military alliance that was sealed when the Pope met with the Russian Orthodox Patriarch Kiril on February 12th, White Dragon Society sources say.
This alliance, in addition to keeping China in check, is aiming to straighten out the Middle East. On that front Obama was instructed to tell the world that Saudi Arabia has nuclear weapons. The message being sent, according to Pentagon sources, was that it would be OK for the Russians to use nuclear weapons to attack Saudi Arabia. There is also a secret understanding that NATO will not defend Turkey if Russia attacks, the sources say.
The Turks and the Saudis, along with their Nazi allies in the Ukraine, have assembled an army over a million strong with up to 3500 tanks, over 3000 high performance aircraft and advanced missile systems.
http://www.veteranstoday.com/2016/02/21/neo-erdogans-plan-islamic-empire-or-armageddon/
They also have at least 200 nuclear weapons supplied by Israel or stolen from NATO arsenals in Turkey. This army has been assembled to create an Islamic super state or caliphate. This state is intended to include Northern Africa, the Middle East and large parts of central Asia. The floods of Muslim refugees being poured into Europe are almost certainly being used as pressure to get European acquiescence to this plan.
However, the Turkish and Saudi military brass have told their US counterparts they will overthrow their political leaders if they try to order them to use this vast army in a suicidal move against the US/Russian military alliance.
Saudi Arabia and Turkey are also feeling a financial pinch respectively from drops in oil prices and drops in trade and tourism. This pinch forced Saudi Arabia to cancel $4 billion worth of military aid to Lebanon, Pentagon sources. The losers in this case were, the Pentagon sources said: “the Jewish mafia behind the French arms companies.” In addition, the Iranian aligned Hezbollah is being armed by Russia and, the sources say, “may act as a proxy for Russia to nuke Israel.”
Furthermore, the Italians have started probing Turkish President Recep Erdogan’s son Bilal for money laundering. The message being sent to the Turkish leadership is that they are not above the law. Some sort of Muslim federation will arise when the dust settles but it will arise through negotiations and plebiscites, not war, WDS sources say.
Meanwhile, the Pope’s airplane “was lasered by drug cartel operatives,” in Mexico last week to signal their displeasure at his efforts to cut off drug money.
There also appears to be some serious X-files type of stuff going on in relationship to all of this. Recall that the Vatican was hit by lighting during the deliberations that ended up in the selection of Pope Francis. Then, Mecca in Saudi Arabia, was hit by lightning leading to over 100 deaths last September.
https://tanjastarkdotcom.files.wordpress.com/2015/09/vatican-mecca-lightning-strikes.jpg?w=700
Following that a Russian research vessel showed up in Jeddah, the Saudi port close to Mecca.
http://sputniknews.com/russia/20151206/1031310899/russian-research-ship-admiral-vladimirsky.html
The Sorcha Faal news site run by US Naval intelligence wrote recently the vessel was there to transport some sort of secret weapon uncovered in Mecca and transport it to Antarctica.
http://www.whatdoesitmean.com/index1955.htm
This news site was described by British MI6 intelligence sources as being anywhere from 90% to 10% true with disinformation mixed in. However, what brings our attention to this article at this time is the fact Russian Orthodox Patriarch Kiril last week went to Antarctica to meet the Russian ship.
http://tass.ru/en/society/858246
Pentagon sources say Kiril went to Antarctica “to extend Russian claims like papal bulls that gave Spain much of the new world.” However, there is almost certainly more to this than a simple claim on frozen land.
http://benjaminfulford.net/2016/02/22/did-a-chinese-banker-just-announce-the-biggest-event-in-human-history/
Aside from from the fiat monetary scam and blood-soaked petrodollar, another significant source of funds for the Nazionist Khazarian Mafia is the “healthcare” industry which registered a whopping $3.09 trillion in 2014, and is projected to soar to $3.57 trillion in 2017, in the US alone. We believe that this is just a conservative figure.
We can avoid using drugs, defeat any viral attack and scaremongering, like the Zika virus, easily by knowing how to build our own comprehensive antiviral system. Find more about it here.
I am confused about General Dunford. He seems to be propping up the corporate government. Yet, we hear he is preparing the new Republic which he is to be the interim head of after NESARA is announced. What is the truth?
I see this is the single biggest story in history ! Why has not one single story reported on main stream media?? We continue to be baffled with b******* while deals like this go on behind the scenes I believe our fate has been sealed and it’s only a matter of time now? I truly believe we better keep our eyes on the skies because something our government has been denying is about ready to be is about ready to be forced down our throats
Why Put it on the media and let people worry about the economy thats why their are wars … People talk about the lives taken… Not the one that are being “defended”
Modern day slaves are in Debt
it’s all smoke and mirrors; have Donald Trump as the clown of this media circus to keep us occupied while the government is gearing up to pull the rug out from underneath us. People look at me like I’m a deranged lunatic when I tell them there is a LOT going on behind the scenes but most will never know bc people look at life and incidents around the world at face value and never think about why that happened and who may have orchestrated that. Something big is brewing
Possibly because the elites in these companies are busily trying to get their US dollars converted to some other currencies, and get that money placed in countries with banks (allegedly) safer than US banks?
Good question. I would like to know answer too.
Most human history existed before the existence of th U.S.A its demise as a global superpower,which it has only been for some 70 years , might be relevent for the next 100 years or so but in terms of world history its a blink of an eye.
Many of us have been waiting for this to happen for years. Give it another few days- (holding thumbs) RV has takne place already- so I hear.
There other issues here. One issue is the City of London, still the financial center of the world, which actually is controlled from the Vatican, the largest corporation on the planet. How this seeming strange situation came about is discussed in the book, “CIA: Crime Incorporated of America” Another Issue is global Freemasonry which has tremendous secret political and economic power and is also controlled by the Jesuit General at the Vatican.
Sounds plausible as a worst case scenario! Then again The Human Race is known mostly as a global death cult addicted to money! Flying Spaghetti Monster save us!
America is producing one thing only: nice Hollywood movies.
To keep the masses “Entertained” just like the old Roman Colosseum days.. Nothing has changed.. Yet.
When you see all these things happening, The Word says “loolk up, your redemption is near’ !!!
If this is true, not just another internet fiction, then it is historical but certainly not the most. it’ll be just another giant… then, what?
This fellow jumbles all available disinformation into one place and tried to make it look like real and grave information.
THE FALL OF AMERICA EMPIRE OF LOOTERS HAS BEGUN…..! THIS PROCESS MAY TAKE A DECADE OR MORE…..!
I wouldn’t call peter schiff an economist. He’s a free market capitalist who has a horse in this race! If you listen to him long enough, either laugh and laugh and laugh, or buy gold from him. shill
Anyone like Fulford who calls Ashkenazi Jews “Khazars” is an ignorant crackpot. The Turkic Khazar people in the Middle Ages didn’t mysteriously transmute into Ashkenazi Jews. We have genomic evidence that Ashkenazi Jews descended from Middle Eastern Jewish men who intermarried with gentile women in the Mediterranean in Roman times, then this mixed population moved into northern and eastern Europe. Look it up.
Delusional rubbish really!!!
omaba asked permission to devalue the $$$ ??? – what a ridiculous notion … all he’s gotta do is print more … er, I mean keep printing …
Near to believe!
In the space of a month we have gone from “the Sphere alliance wont allow a nuclear war to start. The cabal are in their death throws ! Its only a matter of time before utopia kicks in. – What happened to all that? now its doom gloom and no full disclosure. The cabal have infiltrated the secret earth alliance and it would seem are regrouping! It was only a month ago we were being told of them fleeing . White Draco royals trying to trade them for freedom. If any of this is true in the least, then we need to do something and fast. What about the imminent “Ascension” to 4th density ? I,ve gone from hope and belief to feeling that ive plugged into an episode of the clangers. All in the space of a couple of weeks. We need some verification here.
“China is a sleeping giant. Let her sleep, for when she wakes she will move the world.” Napoléon Bonaparte
Lyndon LaRouche has the answers and the solution to fix the mess and he does not have to reinvent the wheel to do it .
Free orange juice and milk at school. Free school. 2 free uni degrees. A year with Arthur C Clarke and Stanley. 20 years travelling the world meeting poets, gangsters, scientists, artists, warlords, politicians, musicians. 30 years building a dream house cum art gallery cum jazz club without restrictions. Filming, writing, painting, improvising. Dear kids, I had a great time and, sorry you’re gonna have to deal with all the Schiffs and Cassandras. Plan your survival and restart the world from what’s left.
Don’t be too sure about the US decline quite yet. It is the age of deception and their military is still way the strongest of all others combined. They might just have a trump up their sleave, excuse the pun.
Bottom line: Never screw with the dollar. But then, with the world’s saturated markets, perhaps WW3 is intended, to cull excess population, and destroy to have to rebuild. The usual ways of the industrial military complex. It’s the elites, on either sides, merely playing chess.
That said, our whole progress is only really possible through a debt system. Doesn’t have to be an entirely bad thing, not that I’m completely condoning it either.
Personally I’m glad I live on a far away end of the planet. However if push comes to shove I’d always prefer to be ruled by the West. Rather stick with the devil you know, as they say.
Fulford is disinformation. That is all.
The way I see it WW3 It’s coming sooner than later. The easy way out of this economic mess. Unless, someone sensible on the world stage come up with a solution to the American Chinese payment system. If we find a way to exchange the American debt for an agreeable currency to the Chinese government away from the dollar. Then we have solved the main problem all other issues will be automatically solved.
What does the USA produce more of than China?