The World is Reordering and What It Means for the US

For years literally, we have been chronicling the demise of the US’ power in the world as it has been wrought by the FED. We have witnessed the systemic theft of the wealth of the US by the bankers. Most think that is not a reality. They are all consumers of the “blue pill”. Trillions of dollars have been siphoned from our economy, our infrastructure is crumbling, our CONgress is a joke run by paid clowns, and we have been saddled with the debt of conflict after conflict.

Now, as they say, the final shoe is dropping, and here are a few examples of why is not being covered in our so-called media, which is also a sham. For many months we have been following the actions of the BRICS as they methodically are re-organizing the way the world’s financial markets operate, and the associated trade that will be conducted. Many scoffed at these efforts with the rationale even if the BRICS (Brazil, Russia, India, China, and South Africa) were to be successful, they still wouldn’t be large enough to effect any change.

The FED continued to print money with no asset backing and shipped it to the EU banks to continue the façade that all is well, and the economies of the US and the EU were great, when in fact they were collapsing. Literally the US taxpayers have been indentured to the tune of several trillions of dollars. Here we are seven years later, and even with the draconian measures meted out by the IMF and World Bank on it’s member nation governments in the form of austerity programs, the economies of those nations continues to collapse.

It is not a surprise that these same elite in the US are banging the war drums once again and this time the Russians are once again the bad guys. However, you must put everything in its true context and look at what has happened in Iceland, who now says joining the EU is out of the question or watch what is going on in Greece as they begin to “buck” their bondage.

Panos Kammenos, Greece’s defense minister, spoke to German newspaper “Bild” on Saturday, saying his country’s leaving the euro could precede an exit by Italy and Spain, followed by Germany in the future. “If Greece explodes, Spain and Italy will be next and then at some point, Germany. We therefore need to find a way within the eurozone, but this way cannot be that the Greeks keep on having to pay,” Kammenos told Bild.

Instead of a bailout, Greece needed a debt “haircut” like the one Germany’s creditors had to accept in 1953, Kammenos proposed. He also argued that Berlin should pay World War II reparations to Athens. “All European countries have been compensated for crimes committed by Nazis, except for Greece,” Kammenos said, referring to the gold Nazi soldiers brought back from Athens during the war.

The defense minister also accused Germany of “interfering” in its domestic affairs. His criticism was aimed at German Finance Minister Schäuble, who earlier warned of a “Grexident” which could push Athens out of the euro. “I don’t understand why he turns against Greece every day in new statements. It’s like a psychological war and Schäuble is poisoning the relationship between the two countries through that,” he said.

Meanwhile Germany and France are on a sinking ship, and for all intent and purpose are looking to bail as well. The head of the private intelligence agency Stratfor has for the first time publicly said that the US government considers it to be its overriding strategic objective to work on the prevention of a German-Russian alliance. Blocking that alliance is the only way to prevent an alternative world power capable of challenging extension of the American position of being the world’s lone superpower. He says that the U.S. will fail in that overriding objective; German technology and capital will combine with Russian natural resources and “land-power,” to produce a truly bipolar world: U.S. v. Eurasia. So: he sees the U.S. strategy as being to block that, by weakening both Germany and Russia. That strategy would explain what Obama is doing in Ukraine, and the sanctions that are hurting both Russia and Germany, but Friedman thinks that nothing can work.

On the Asian front, consolidation is also occurring, again without US involvement. Although the US is desperately trying to “fast track” a trade program (TPP), it is not happening. This program is a desperate move executed way too late and would have a devastatingly negative effect on the US economy. In the meantime, Russia and China announced this week that as of today, 17 March, the Moscow Exchange has started trading in a futures contract on the currency pair Chinese Renminbi — Russian Rouble.

The launch has been driven by a substantially increasing Renminbi turnover on the Exchange, growing volume of settlement in the currency between Russia and China as well as newly arising demand for hedging of such transactions. Andrey Shemetov, First Deputy CEO of Moscow Exchange, said: “The launch of the CNY/RUB futures is the next step made by the Moscow Exchange to offer a full range of Renminbi instruments and hedging tools to participants. We expect that the new contract will be liquid and in-demand as other Exchange’s derivatives, and facilitate the trade turnover between China and Russia”.

The contract is cash-settled against the Moscow Exchange CNY/RUB fixing. The contract’s expiry dates are every 15th day of March, June, September and December. IM size is 12%. Metallinvestbank will act as the market maker for the contract. Moscow Exchange’s turnover in the Chinese Renminbi grew 700% in 2014 to RUB 395 bln (CNY 48 bln). The record average daily trading volume of CNY 541 mln was seen in October. Currently, the Moscow Exchange’s derivatives market offerings include nine FX futures: USD/RUB, EUR/RUB, EUR/USD, AUD/USD, GBP/USD, USD/JPY, USD/CHF, USD/UAH, USD/CAD, and USD/TRY, as well as three options: USD/RUB, EUR/USD, and EUR/RUB.

The dominoes are falling fast now. UK, Australia, New Zealand, Singapore and India All Sign On … South Korea Next? The Financial Times now reports that France, Germany and Italy have all agreed to join the China-led international development bank as well, “delivering a blow to US efforts to keep leading western countries out of the new institution.”

This week, 2 major U.S. allies – 2 of the “Five Eyes” – have disregarded American pleas and joined China’s new development bank … alternative to the US-dominated IMF and World Bank lending order. (A third member of the Five Eyes – New Zealand – previously signed onto the Chinese bank.). Specifically, the UK and Australia signed on this week.

The Financial Times reports, quoting a senior US Official: The decision of the UK to join the Chinese development bank was made with virtually no consultation with the US. We are wary about a trend toward constant accommodation of China, which is not the best way to engage a rising power.

The New York Times reported last week: Fundamentally, Washington views the Chinese venture as a deliberate challenge to those postwar institutions, which are led by the United States and, to a lesser extent, Japan, and the Obama administration has put pressure on allies not to participate.

Zero Hedge predicted last week: In short order Australia and South Korea will likely be on board and at that point, the stigma the US has created around membership will have completely disappeared (if it hasn’t already), opening the door for other US “allies” to join ….

An Op-Ed in The Australian argues: The decision by the Abbott government to sign on for negotiations to join China’s regional bank … represents another defeat for Barack Obama’s diplomacy in Asia. Canberra’s move follows similar decisions by Britain, Singapore, India and New Zealand.

If there is anyone out there who still honestly believes we are not in for a huge devaluation of the dollar and the devastating blows to our world economic position, they are delusional. All we can say at this point is two things. 1). Why do we still continue to allow the FED to establish our monetary policy? And 2). Brace for impact, this is going to be real ugly.

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The Final Assault on Personal and Sovereign Wealth Has Begun

I have chronicled how our financial systems and our sovereign wealth funds are be attacked and pillaged by the PTB.  I have referred to Credit Derivatives and Repos as weapons of mass destruction, and indeed as we see now surfacing from the Goldman Sachs hearings just how devastating these weapons have been in bringing down the economy.  Goldman alone made over $4 Trillion in the last five years.

But now, with governments on their knees on both sides of the Atlantic, the final assault has begun.  There will be some who say I am an alarmist.  I am naive and in my ignorance I just don’t understand the complexities of world finance. Really?  I don’t think so.

One only has to watch from a longer perspective like I have since the assault began on Argentina in 2002.  This has been well planned, methodical, and extremely effective in results.  One fact should be kept in clear perspective.  165 of the world’s central banks are privately owned by the Rothschild family.  Remember this very clearly when you listen to all of the rhetoric.  This point cannot be over-emphasized.

The EU is going down this summer.  In watching the attack, one only has to realize the timing of certain events.  The idea is not having the general public “catch on”.  But for example, look at the timing of the Standards and Poor’s downgrading of Greek and Spanish bonds in relationship to the discussions of the EU ministers on developing a bailout plan for Greece.  I don’t think that is coincidence and it was a bucket of cold water on the whole process and sent waves of concern through the markets. Waves like for the first time since WWII that the German bond auction was not fully subscribed.

In a speech before the elitist Council on Foreign Relations organization in New York earlier this week, President of the European Central Bank Jean-Claude Trichet called for the imposition of global governance to be bossed by the G20 and the corrupt Bank of International Settlements in the name of safeguarding the global economy.

In an address entitled “Global Governance Today,” Trichet proclaims how the elite need to impose “A set of rules, institutions, informal groupings and cooperation mechanisms that we call “global governance”. During the course of the speech, Trichet uses the term “global governance” well over a dozen times, outlining how “global governance is of the essence” to avoid another financial crisis.

A full transcript of the speech was also carried by the Bank for International Settlements, an international organization of central banks that has constantly lobbied for a centralized global currency to replace that of nation states. Trichet praises the BIS as being “ahead of the curve” in dealing with the financial crisis during the speech.

Essentially his conclusions were as follows:

Conclusions

In conclusion I would like to stress four points.

First, global governance is of the essence to improve decisively the resilience of the global financial system. We avoided a major depression but it was a close call. Governments had to support the financial sector by putting at risk taxpayers’ money for the equivalent of around 25 % of GDP on both sides of the Atlantic. This as unprecedented. I am convinced that, if we do not reinforce significantly the resilience of the financial system, our democracies will not accept for a second time such a very large scale of rescue operation.

Second, a characteristic of the recent turbulences is not only that they [governments] displayed a high level of unpredictability but also an extreme rapidity in the succession of events characterizing the unfolding of the crisis. Global governance today must demonstrate a capacity to coordinate with agility and, where necessary, to decide extremely swiftly. This is also unprecedented.

Third, the crisis has had some paradoxical effects: on the one hand it has unleashed a tendency to reengage in financial nationalism if not mercantilism; on the other hand it had contributed to the recognition that a very high degree of interdependencies between economies called for a much higher level of cooperation. These two opposing forces are presently competing. It is imperative that effective global governance preserve the level playing field which is indispensable to foster global stability and prosperity. It is a major challenge. Both sides of the Atlantic have a very important responsibility in this respect in many domains, in particular in prudential and accounting rules.

And fourth, as we have seen the crisis has driven an historic change in the framework of global governance. In my view this transformation was overdue. But there are two immediate reasons for this change. One is positive: the emerging economies are now economically and financially so important and systemically so influential that they must have a full and proper ownership of global governance. But the second reason is negative: the industrialized countries have proven particularly clumsy in their handling of global finance before the crisis at the time when their responsibility in global governance was obviously overwhelming. There was therefore no reason to confirm their exclusive prime responsibility. This calls for the industrialized countries to be now particularly irreproachable in the delivery of their present and future contribution to the stability and prosperity of the global economy within the new, more inclusive framework.”

The primary outfit that will boss the institutions of global governance, according to Trichet, is the Global Economy Meeting (GEM), which regularly meets at the BIS headquarters in Basel. This group, states Trichet, “has become the prime group for global governance among central banks”. The GEM is basically a policy steering committee under the umbrella of the Bank for International Settlements.

The BIS is a branch of the of the Bretton-Woods International Financial architecture and closely allied with the Bilderberg Group. It is controlled by an inner elite that represents all the world’s major central banking institutions. John Maynard Keynes, perhaps the most influential economist of all time, wanted it closed down as it was used to launder money for the Nazis during World War II.

Financial website Investors Insight describe the BIS as “the most powerful bank you’ve never heard of,” labeling it “the most powerful financial institution on earth”.

The bank wields power through its control of vast amounts of global currencies. The BIS controls no less than 7% of the world’s available foreign exchange funds, as well as owning 712 tons of gold bullion.

“By controlling foreign exchange currency, plus gold, the BIS can go a long way toward determining the economic conditions in any given country,” writes Doug Casey. “Remember that the next time Ben Bernanke or European Central Bank President Jean-Claude Trichet announces an interest rate hike. You can bet it didn’t happen without the concurrence of the BIS Board.” The BIS is basically a huge slush fund for global government through which secret transfers of wealth from citizens are surreptitiously handed to the IMF.

“For example, U.S. taxpayer monies can be passed through BIS to the IMF and from there anywhere. In essence, the BIS launders the money, since there is no specific accounting of where particular deposits came from and where they went,” writes Casey.

The Council On Foreign Relations comprises of influential elitists and powerbrokers from all sectors of government, business, academia and the media. It is the public face of the more secretive Bilderberg Group. The CFR only recruits members sympathetic to its agenda for global government and the elimination of U.S. sovereignty.

The scope of the CFR’s mission was best encapsulated by former Deputy Secretary of State under Clinton and CFR luminary Strobe Talbott, who told Time Magazine in July 1992, “In the next century, nations as we know it will be obsolete; all states will recognize a single, global authority. National sovereignty wasn’t such a great idea after all.”

The next step is to eliminate all paper money.  Everything will go electronic.  In the US this is already being imposed as a beta test with social security and disability benefits.  By 2013, no one will get their money, just credits and electronic transfer period.

My suggestion is to get hold of and keep as many hard assets as you can and you better start now as time is very short, very short indeed.