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Emmanuel Macron en mode chihuahua guerrier

Qu’est-ce qui peut expliquer le virage belliciste d’Emmanuel Macron amorcé à l’occasion de la conférence des 30 pays organisée le 26 février à Paris ? On l’avait alors vu prendre une initiative diplomatiquement assez ahurissante. Rappelons que cette conférence n’avait… Lire la suite

Comprendre le marché européen de l’énergie – suite

Marché européen de l'énergie

Marché européen de l'énergieAprès avoir abordé les notions de base des mécanismes principaux du marché européen de l’énergie nous allons pouvoir comprendre l’interaction

L’article Comprendre le marché européen de l’énergie – suite est apparu en premier sur STRATPOL.

Engineered Destruction of America and Europe

Par : AHH

“Predicted” in 1991 by the Club of Rome

Peter Koenig
10 March 2024

“A Nation of Sheep will be ruled by Wolves.”

The Club of Rome, created in 1968, issued in 1991 its second “world-reaching” report, “The First Global Revolution”.

Its preamble says,

“Ah Love! Could Thou and I with faith conspire,
To grasp this sorry scheme of things entire,
Would not we shatter it to bits and then,
Remould it nearer to our heart’s desire.”
Edward FitzGerald, the Rubaiyat of Omar Khayyam

(Rubáiyát of Omar Khayyám is the title that Edward FitzGerald gave to his 1859 translation from Persian to English of a selection of quatrains [4-line poem] attributed to Omar Khayyam, dubbed “the Astronomer-Poet of Persia”.)

At the end of the Forword, there is another remarkable quote:

“No generation has ever liked its prophets, least of all, those who point out the consequences of bad judgement and lack of foresight.
The Club of Rome can take pride of the fact that it has been unpopular for the last twenty years. I hope it will continue for many years to come spell out the unpalatable facts and to unsettle the conscience of the smug and the apathetic.”

(late) Prince Philippe, Duke of Edinburgh,
Message to the Delegates at the Twentieth Anniversary Conference of the Club of Rome
Paris, 1988.

And another one highlighted in the text:

“The Cult of Sovereignty has become mankind’s major religion. Its God demands Human Sacrifice.” – Arnold Toynbee, British Historian and Philosopher

This is the tenor of the book throughout its 160 pages. It is spiked with arrogance and superiority. Together with its precursor, “Limits to Growth”, it promotes eugenics – and is as of this day – and beyond – if we let it – the blueprint for the WEF’s Great Reset and the UN Agenda 2030.

Together, these two reports promote, or rather dictate Destruction for Building Back Better (bbb) (remember the never explained slogan of the neocons?), and eugenics. These are the top priorities under which humanity is living and suffering today.

That is why wars are supported over Peace, why people have to be tricked into believing in uncountable and unpredictable pandemics – all on the horizon, like “Disease “X “ – and – of course, do not worry, vaccines are on the drawing board, the mRNA kinds that modify your genes, so you become a better human being – code for “so you perish faster”.

Remember the slogan on top: “A Nation of Sheep will be ruled by Wolves.”
For God’s sake – Let us stop being sheep!

—–

What we are living these days. Weeks, months – and over at least the past 4 years, in ever-accelerating pace – is precisely the agenda, the dictate of the Club of Rome (CoR). Destruction is the name of the game.

Starting with the West, that includes, destruction of our economy, industry, infrastructure, agriculture – the very food we need to survive – services, health care, legal systems, ethics, faith, hope – and, finally humanity itself. We are now some 8 billion – they want us down to below 1 billion.

When we see doom – the cabal’s boots can complete its stampede.


Destruction – initiated by France’s Macron?

A few days ago, France’s President Macron said openly and without remorse, “There are no limits to support for Ukraine”. He added, “France should abide by no limits or Russian “Red Line”, when it comes to backing Kiev.”

This is strong stuff. A provocation for Russia without precedence. Macron already earlier said, that sending NATO troops (French) to Ukraine was indeed an option.

This is putting the finger on the trigger for a nuclear blast. If it is not clear yet to the arrogant Washington puppets, Russia’s Red Line does not disappear because Mr. Macron says so. Russia’s nuclear arsenal is way superior to that of the US, which is stationed as NATO throughout Europe and Asia, pointing its nuclear warhead missiles towards Moscow.

If destruction must be, Mr. Macron, it will indeed be Europe again, the third time in just over a hundred years. Europe, and probably way beyond. This time, nobody can even imagine the extent of destruction – and the cost in human lives. And it may be too late for the western “elites” – masterminds of disaster – to run to their bunkers.

Former Russian president and current deputy head of the National Security Council, Dmitry Medvedev, posted on “X” (former Twitter) that this means “Russia has no more red lines left for France.” He added “everything is allowed against enemies.” – Here, the enemy being France and all those dragged along by French arrogance.

French European Parliamentarian, Florian Philippot, leader of the French Patriots Party, urged the French to impeach Macron before they are sent to die in Ukraine. “It is up to every Frenchman to resist, for every mother to refuse to let her son die for Kiev, NATO and Blackrock,” Philippot ais on “X”. “It’s up to us to fight to leave the EU and NATO and throw Macron out!”
(See this)

Never before, has a European, so-called “leader”, made such stern and provocative pronouncements, not even Macron. Who gave him orders to do so NOW?WHO GAVE HIM ORDERS?

Will he send officially French (NATO) troops to Ukraine? – Thereby crossing Mr. Putin’s Red Line – and provoking whatever Russia finds is necessary to protect her integrity, her land, and her people? – It could be a nuclear – all destructive conflict.
That is what many analysts predict and fear.

Is that what the power behind France and behind the dark cabal wants – a total destruction – which would also serve the depopulation agenda?

Maybe. Perhaps 2024 is the time.

The leader of the French Republican Party (The Gaullists), Eric Ciotti, is more prudent, saying supporting Ukraine by sending troops would be “irresponsible and dangerous,”.

Let us TRUST that humanity will find sanity, and rather depose Macron than follow his unthinkably dangerous advice and words and – God knows – deeds.


Moscow is alert

On a lower key, Moscow warns – NATO is becoming increasingly aggressive.

The plan is an engineered destruction of Humanity?
Carrying out the Club of Rome’s mandate?

Mind you – the elite is not planning to self-destruct, of course not. Before total annihilation, they hope to seek rescue in their bunkers, wherever they are, maybe in a remote island of Hawaii, in New Zealand or simply in South Dakota – (see this).


President Joe Biden’s State of the Union Address of 9 March 2024

This is another disastrous message for total destruction, annihilation of civilization – if he has his way. But he will not.

A “normal” State of the Union Address, is about the United States, it is about the “State” of affairs of the nation, of the economy, of jobs, of growth and growth potential – about forecasts, development perspectives. It is a message of foresight, supposed to give people hope – to let them know their government plans to improve shortcomings. Nothing of that happened.

The first 20 minutes of the speech were dedicated to Ukraine alone – smashing President Putin and Russia, and “We shall never abandon you – Ukraine! – We will always stand behind you” – Promising sending another 90 billion dollars to the Ukrainian oligarchs. Tax-payers money, for zilch. Biden knows it. The US Congress knows it. Everybody knows it. This war is NEVER winnable against Russia. And why should it be?

Other than having prepared and started it – compliments of Madame Victoria Nuland [f*ck Europe], now gone, thanks God; a more than 10-billion-dollar preparation project – what remaining interest does the US have in fighting a proxy-war some 10,000 km away, across the Atlantic and Europe? Certainly not National Security.

Boosting the profit margins of the Military Industrial Complex for sure is a good reason, and – well – achieving “regime change” in Russia. Madame Nuland’s admitting words in an interview to CNN’s Christiane Amanpour, just days before her forced resignation.

Yes, it has always been about bringing Russia to the knees of the Washington wannabe Emperor, with a Russian puppet leader. They thought they had achieved their target in 1991, with then President Yeltsin, who was smarter than given credit for – when he introduced Mr. Vladimir Putin, appointing him in August 1999, as Prime Minister. It was clear that President Yeltsin was preparing Mr. Putin for the Kremlin. – So much for defeating the West’s sneaky ways to subdue Russia.

Mr. Biden’s speech was also a rant against Republicans. Right at the beginning he compared former President Trump, his only opponent in the (still) planned November 2024 elections – to Hitler. That is what he called Donald Trump. This man, Biden, has zero decency. His face expressed anger throughout – he yelled and ranted. And, guess what – he got standing ovations. That speaks volumes for the State of the Union of the United States.
See this for the full speech .

Tucker Carlson responding to Joe Biden’s State of the Union Address, said it was the United States’ worst ever State of the Union Address. In addition to describing the crime the US – the West – was financing in Ukraine, Tucker Carlson pointed to other destructive measures Biden promoted – like transhumanism, and free abortion, in other words the Soros-funded Woke agenda – which doesn’t even hide its population reduction objective.

Illegal immigrants. Tucker Carlson also talked about Biden’s insane open-borders policy, bringing illegals into the US, even by plane loads – giving them shelter, food, debit cards never to be paid back (see this) – mostly young men that could and are expected to serve in the US army.

Why would Biden do that?
These immigrants have zero allegiance to the US – and should serve in the US army?

Perhaps against the American people – during a provoked upraising?
See this for Tucker’s full analysis (9 March 2024).


“Illegal” immigrants are directly flown into the Unites States, the Biden Administration openly admits. So far, the official figure points to 320,000. The official reason is indeed, to make up for the military recruitment shortcomings.

The real reason is certainly somewhere else. Immigrants, especially when they come in masses, are always a disruption in the society they enter. It is the same in Europe, and Europe’s policy is not much different from that of the US. – It is very much coordinated.
See this  ; and this 14 min video “Redacted” of 7 March 2024.

In an interview with Tucker Carlson, Col. MacGregor warns about the plan to recruit illegals into the US military. Tucker said that Rome fell because foreigners who were not loyal to Rome populated its military and they turned on the people of Rome. For the same reason, retired Army Colonel Douglas Macgregor warned Americans against allowing illegal aliens to serve in the armed forces. See this video 7 min – 4 March 2024

——–

Indeed, disrupting society. But why? Creating internal conflict, internal strive – maybe civil war? – It is a means of destruction and the victims are the immigrants who are dreaming of a better world. Instead, they are being used for the Club of Rome’s precept of DESTRUCTION – to eventually rebuild according to the elite’s desire.

These are just a few examples of the planned and engineered destruction – exactly as foreseen under the Club of Rome’s edicts.

People wake up. What happens in the US is already happening in a different, perhaps less visible version in Europe.

Stop being Nations of Sheep being ruled by Wolves.

—-

Peter Koenig is a geopolitical analyst and a former Senior Economist at the World Bank and the World Health Organization (WHO), where he worked for over 30 years around the world. He lectures at universities in the US, Europe and South America. He writes regularly for online journals and is the author of Implosion – An Economic Thriller about War, Environmental Destruction and Corporate Greed; and  co-author of Cynthia McKinney’s book “When China Sneezes: From the Coronavirus Lockdown to the Global Politico-Economic Crisis” (Clarity Press – November 1, 2020)
Peter is a Research Associate of the Centre for Research on Globalization (CRG).
He is also a non-resident Senior Fellow of the Chongyang Institute of Renmin University, Beijing.

eCONomics Part IV: Interest Rates Manipulation

Par : AHH

In this part: Interest rates manipulation as a way of tackling inflation — one of the most shocking financial scams of all time; plus an update on de-dollarisation and No Plan B for Uncle $laughter

With thanks to our own Colin Maxwell of New Zealand.

Please see: Part 1 ; Part 2Part 3

The duck shooter’s clubhouse on Jekyll Island, Georgia, United States of America

Introduction

It should be of no shock to any of us by now as to the reason WW1 began a very short time after the U$ Fed was incorporated, and this set the tragic pattern for the next 111 years. This tiny group of bankster plutocrats were handed on a plate by Congress a giant counterfeit printing press – a privilege that these thieves would deploy to progressively impoverish the working classes of most of the planet.

I won’t go into this too deeply here as I covered the background of the Frankenstein-like creature from Jekyll Island in the link below – my April 2022 expose’, and the debilitating effect this dreadful bankster construct has had on the global financial scene ever since:

Midnight Train to Georgia

It remains my life’s mission to expose the fact that the Western central banking industry, and its plutocratic owners operating in the shadows, are the head of the human food chain and the underwriters of more than 90% of humanity’s wars, terrorism, and financial impoverishment.

The great news though is that humanity is being thrown a lifeline by the BRICS+/BRI blocs and their related initiatives. Indeed all we have to do is to summon up the presence of mind to recognise this new reality and to reach out and grab the opportunity with both hands. The background of this new global paradigm was explored in Part III of this sequel –

Banking 2.0

The solution will be multi-faceted as it will involve a new global paradigm – never again will a single national currency have dominance – the new system will include a novel trade-only settlement instrument which will be stable, hard backed, and yet still able to provide adequate liquidity for the participating members’ productive economies.

In reality, WW1 never ended – WW2 was a follow-on with a brief respite of barely one generation in between, paving the way for the future hybrid financial, and techno, forever-wars. These, including the COVID debacle and the great poisoning with chemicals and pharmaceutical toxins, are simply a continuation of the same families pulling the strings from the shadows.

This is the business of human butchery and their intentions are becoming more explicit and outrageous as each decade passes by. In every sense of the word, this plutocratic network is a blatant terrorist organisation and needs to be dealt with accordingly. The rules of engagement should be the same and history reminds us that the only sure-fire way to deal with organisations like this is to permanently cut off their funding.

Because the New York Fed is the most outrageous model ever devised and has become the number one money spigot of the globe, this is precisely the place to start. This has never been more urgent as it is painfully obvious that there is a push for another bank run crisis which the owners of the banking cartel think will give them the crisis excuse to usher in a new retail central bank digital currency (CBDC) system where every man and his dog can have an account within the “Federal Reserve” system. This is their grand plan, which if successful would give the commercial banking cartel total control of every aspect of our lives through a social credit control and tracking system of all retail account holders.

Prof Richard A. Werner of the University of Winchester

1. Professor Richard Werner

“empirical evidence is that interest rates are a lagging indicator and a farcically ineffective monetary tool”

paraphrased/quoted from… https://soranomics.com/#content_20_fancybox-8

As Werner points out, it is not interest rates, but bank credit that determines economic growth, simply because ~97% of the money supply in our Western fiat currencies is created out of thin air by privately owned commercial banks.

There is zero basis for the official narrative that higher interest rates lead to lower growth and that low interest rates lead to high growth.

As with most aspects of eCONomics the quickest way to get straight to the truth is to simply assume the 180˚ polar opposite of the official narratives. Interest rates are simply not useful as a monetary policy tool – PERIOD! (23:30)

Interest rates actually follow growth – so where on earth did this idea come from that interest rates are this key variable? – it is not based on empirical evidence but on the concept of equilibrium which is based on no less than 8 assumptions none of which hold up in the real world…

  1. Perfect information
  2. Complete markets
  3. Perfect competition
  4. Instantaneous price adjustment
  5. Zero transaction costs
  6. No time restraints
  7. Profit maximisation of rational agents
  8. Nobody is influenced in any way by the actions of others

(29:00) The methodology in Economics is the Deductive Method – reverse engineering AKA Charlatanism.


2. eCONomics

eCONomics — the pioneer pseudo-science that paved the way for other disciplines to follow as a tool of central planning and globalist agendas

Karl Popper

Karl Popper called this the ‘immunising stratagem’ which scientists fancied could guard their theories from being challenged by the use of reverse engineering in what became known as the ‘deductive approach.’  This is my interpretation of the process…

  1. Predetermine a conclusion that supports the banking cartels’ grand theft from Mainstreet
  2. Invent a model that can give you that contrived conclusion
  3. Identify the false maxims that can propagate the lie and present them as facts
  4. Present these steps in the reverse order
  5. The network that has the key to the giant printing press then buys up all of the networks and agencies required to manufacture the narrative, even when it is nothing more than a bunch of myths premised on deliberate lies

3. How high would hikes need to go to arrest inflation?

High enough that they cripple the real economy before there is any ‘measurable effect’ (sic) on what they labelled ‘inflation’

Poet Lawrence Ferlinghetti asked… “whether man must burn down his house to roast his pig…”

The current Western neo-classical monetary policy used to tackle inflation is precisely that scenario.

Worse still, history illustrates that interest rate hikes have to be so utterly brutal that they need to be at the very least at the level of the true inflation rate, or higher – Paul Volker did this in the 1980s when the rates were pushed above 20%. This was construed as successful from the point of view that it appeared to halt inflation when all it had done was destroy enough of the economy and liquidity to make sure ‘inflation’ was halted.

Ronny Raygun with Paul Volcker – confirmed in 1979 by the Senate as Fed Chair

In 1979 the federal funds rate had averaged 11.2% and Volker took them to a peak of 20% in March 1980. The prime rate topped out at 21.5% in 1981, which heralded (surprise, surprise, NOT) a rise in unemployment to over 10% and the 1980-1982 depression.

“Volcker’s Federal Reserve board elicited the strongest political attacks and most widespread protests in the history of the Federal Reserve (unlike any protests experienced since 1922), due to the effects of high-interest rates on the construction, farming, and industrial sectors, culminating in indebted farmers driving their tractors into Washington, D.C. and blockading the Eccles Building.
US monetary policy eased in 1982, helping lead to a resumption of economic growth.”… Wiki quote.

Although I am a great admirer of Ron Paul – IMO the quote below reveals that even he was not aware of the utter falsehood of attempting to use rate hikes as a constructive monetary tool to address inflation.

“Being in Congress in the late 1970s and early 1980s and serving on the House Banking Committee, I met and got to question several Federal Reserve chairmen: Arthur Burns, G. William Miller, and Paul Volcker. Of the three, I had the most interaction with Volcker. He was more personable and smarter than the others, including the more recent board chairmen Alan Greenspan and Ben Bernanke.”

Volcker may well have been smartest, but in my opinion all three wreaked havoc on Mainstreet and massively rewarded the financial economy at the expense of families, SMEs, and the productive economy. As Volcker aged, he became more critical of the banking industry but that was long after he had spent his career indulging and implementing most of the destructive hoaxes of neo-classical eCONomics.

Other features of Volcker’s career…

  • A prominent member of the Trilateral Commission which was founded by David Rockefeller, Zbigniew Brzezinski, and Jimmy Carter
  • A long association with the Rockefeller family including in his position at Chase Bank
  • A long-standing member of the Bilderberg Group

SUMMARY:  interest rate hikes are not an effective monetary tool to address inflation – on the contrary, they instantly feed inflation just as hikes in energy prices do – you do not even require the most basic economic nouse to understand this principle – it should be self-evident to anyone with an IQ even approaching room temperature.


4. Safe Havens in times of financial strife – where are they now?

In the 1980s the level of total debt was so much less than it is now that the entire financial meltdown was at a totally different level. Today just the Govt debt alone is a death spiral in itself, with an extra $1 trillion added every 100 days.

In 2024 the U$ will have to issue $10 Trillion in Treasury paper to finance more deficits and to roll over old paper at much higher interest rates. The revised cost of this debt will rise from ~$1 Trillion to $1.5 Trillion. This is a debt spiral where more and more money has to be borrowed just to pay the interest back – paying down debt is not even on the radar.

All of the big 5 Western fiat currencies have this problem including the three sometimes referred to as ‘default currencies’ – the dollar, the Yen, and the Swiss Franc – these used to be seen as safe havens to hide when the financial/geopolitical shite hit the fan. Now none of these are safe any longer, and so the pressure will really come onto these currencies as there are now viable alternatives that countries can use in their accelerating de-dollarisation strategies – these include…

  • Gold stacking by central banks — this is at an all-time historical high at around 1000 tons per annum for the last few years – this is a no-brainer, especially now that Gold is a first-tier asset under the new Basel III regulations – this facilitates the process, out of plain sight.
  • Silver – although not monetized like gold under the new international banking regulations, at a 90:1 valuation compared to gold at a historical average ratio of ~16:1 this has to render silver the most undervalued commodity on the planet – silver makes for a fascinating story given that it is both a monetary and industrial commodity and the fact that 85% is mined as a by-product of other PMs. Silver is the absolute wildcard when the big reveal of the Western fiat currencies commences – at 16:1 with gold at $2,500 oz that would put silver at $156, with gold at $3,000 – silver would be at $187, gold at $5,000 – $312, and at $10,000 – $624! Another way of looking at it is that silver has basically been demonetised since 1873, and if it reverted back to its primary historical value as a monetary metal, then it would be around 1/10 of the value of gold per oz, which with gold at $2000 per oz, that would price silver at $200. IOW two entirely different methods render a similar result.
  • Any and all commodities that are needed in the future
  • Crypto-currencies — if you trust them enough – although arguably some are more trustworthy than certain national currencies – they also carry the added bonus of being another way of disenfranchising the private banking cartel


To me the Western safe havens no longer exist, as the main Western fiat currency economies now face a very unpleasant binary choice between either…

A. Severe hyper-inflationary depression, or
B. Severe and extended debt liquidating depression


5. A tribute to Pepe Escobar’s recent work in Russia

What a privilege for us all to have such direct access to Pepe’s insights. I regard him as the undisputed global high priest in terms of geopolitical analysis and journalism. I am most certainly not alone in this view, judging by the audiences he pulls in terms of readers and interviews with people of note in this fight for multi-polarity and who are involved in developing the architecture of a new paradigm in global socio-economic methods and relations.

His audience with Glazyev, whom I have enormous respect for as an honest and courageous economist, was particularly intriguing, and not the least because some of the revelations were done off the record. My own personal hypothesis is that the entire development of the new trade instrument is making great progress, but that there is no point in rushing the announcement of the final details, as long as there is still ample opportunity for BRICS+ countries to gold stack… see above chapter (4) first bullet point.

Of course, this opportunity is entirely courtesy of the U$ obsession with massively shorting gold in this pathetic attempt to hide the plummeting purchasing power of their currency. It could be any day now when an entity insists on a large physical tonnage and the physically driven price discovery process begins. When that happens the gold price will break out and it will be time for the various player’s hands to finally be revealed.

In the meantime, the RoW carries on carefully checking out further de-dollarisation strategies and putting the finishing touches on the new trade instrument. As I said previously, the BRICS+ bloc has an enormously strong hand, whilst all the West has is the grim reality of an impending debt spiral.

Glazyev sees the next stage as detaching commodity prices from the dollar and quoting them in other units. This involves the new model based on two different baskets – a basket of currencies of member countries, and also a basket of exchange commodities. The fact that this currency will be so inherently stable will make it more attractive than the dollar, the pound or the euro.

Technically the trade currency instrument is almost ready, and the process only requires the political will and acceptance by India and China. In the meantime, the transition to settlements in national currencies is well underway.

The trade instrument will be backed not only by the national currencies but by the huge reserves of the nominated commodities that combine to back up the new international settlement currency. This new currency is not a substitute for national currencies.

Once all of the technical issues are finalised, they will prepare an international treaty that will be open to accession by all other countries wanting to join. Glazyev is clearly in no hurry and has put a time frame of within 2 years from when he made these announcements back in late October 2023.

Gazyev listed these advantages…

  • Guarantees are created against attempts by outsider countries to interfere in mutual member relations
  • Each member country’s trade and position in the financial world is much more secure
  • Gives all members an opportunity for equal trade, economic, and investment opportunities
  • The distribution of commission income will be regulated by an international treaty
  • All of this will be transparent to make certain that no country abuses the issue of the trade currency


5. SUMMARY – The long and the short – literally!

None of this reality is being addressed by Uncle Slaughter and clearly, they have no plan B. A giveaway is the fact that actual military spending for 2022 ended up at a mind-boggling $1.537 Trillion – more than twice the publicly acknowledged level. If nominal GDP is around that $20 trillion then that military budget is a truly obscene 7% of GDP, and equal to more than the next 40 biggest spenders combined.

In fact, the next 40 countries spending totalled $1.431 trillion – some $100 billion short of the U$’s $1.537T and with Romania coming in at #39 in the list at $5.2 billion, it could well be the equivalent of the combined 60 or more highest military spenders.

I eventually got sick of adding and gave it up – besides, I was in dire need of a wee dram.

Colin Maxwell
( March 12, 2024)

Zionism pushes Western Liberalism into Decay

Par : AHH

The satanic Israeli total Annihilation of the Palestinian civilians is fully and unconditionally supported by the entire combined West as Israel primarily provides an aircraft carrier in the heart of the Muslim world, permitting divide and rule games in order to direct the maintenance of the Petrodollar, and influence flows of energy around the world.

medieval Syrian crusader castle





The concept of Israel is age-old. A garrison colony-state on permanent guard on behalf of the sponsoring homebase. A splinter in the mind of the invaded and violated region. The names, raison, and weaponry change over the countless millennia, but the concept and purpose holds. And it relies for survival in the face of superior numbers and distant logistics on the deterrence of superior weaponry, sheer terror, and the power to inflict unimaginable savagery on the sea of surrounding hostile natives and their soft targets.

The educator Capasso importantly describes the second purpose of Permanent Wars in the region: to prevent at all costs the development and return of Islamic civilization as a pole of multipolarity. The intellectual and moral and cultural heart of muslims are those most savagely impoverished and decimated by Permanent Wars, not the nomadic, illiterate, shallow and impressionable desert bedouins who mainly “benefit” from the oil right now, spending it on escorts in Paris or the game tables of Vegas. And they stash their wealth in western banks and havens, reinforcing levers of control.

What propelled Islam in past were sovereign-minded Yemenis, Iranians, Iraqis, and Greater Syria, as well as various tribes subjugated today within the GCC. This is the territory at heart of the Resistance now fighting to break the chains of the western Beast, at any cost, as does the Russian MIR.

And without successful emancipation, marked by eradication of “israel,” there can never be renewal and rebirth of classical Islamic civilization, nor Russian, nor any other sovereign pole of the traditional civilizations..

This desperate dependency of the combined West on Israel, to sustain the Way of Plunder and free lunches off others, is currently being turned on its head. The tail has gone beyond wagging the dog, to leveraging it and eating it outright! The betrayal in motion by Zionism on the Anglo-America-led western Old Order is astonishing to witness, even greater than the civilizational suicide of Europe at Russian hands.

Banking 2.0

Par : AHH

A New Global Trade Currency Paradigm and the End of the Era of Dominant Western-based Fiat Currencies

With thanks to our own Colin Maxwell of New Zealand.

Please read in order: Part 1 ; Part 2

Preamble

My apologies in advance to the vibrant GS community for Part III being so wordy. I have really struggled with this task, as the entire subject is so monumental in all of its interconnected elements.

To try to avoid it becoming too tedious I have broken it down into multiple chapters to try to make the weight of the subject matter a bit more palatable, and to hopefully avoid losing readers within the first few paragraphs.

None of this is intended as gospel or sermon, but simply as a discussion document that endeavours to pull together as many of the current contrasting thought threads as possible.

It is also part of my own personal intellectual journey, and extremely steep learning curve. I learn the most by writing on subject matter like this.

Critique and suggestions are very much welcomed.

1. Operation Sandman – to use or not to use?

In 2022 the Saudi MOF revealed in a WEF/Davos interview that ‘Operation Sandman’ was activated and that the KSA would now gladly accept all currencies for settling oil transactions.

The theory was that when it is properly launched, at least 100 countries would conduct a coordinated sell off of their trillions of dollars worth of US government debt to break the U$ dominance of the global economy. This would immediately open the door for a completely new financial hierarchy.

According to Stephen Jen, CE of Eurizon SLJ Capital, the share of global reserves held in U$ dollars eroded in 2022 at 10x the average pace of the last 20 years, and stood at 47% – a much lower estimate than that of the IMF. This represents a plunge, especially in relation to the 15 year trend.

Multiple factors include…

  • Gold being declared a Tier 1 asset under Basel III rules from January 2023* – although this intention was announced right back in 2012 in the Lehman aftermath
  • Digital currencies
  • Strong political elements including the US-China relations worsening
  • Avoidance of future sanctions
  • Avoiding reserves being stolen
  • Aggressive interest rate hikes by the U$ widening the gap in exchange rates between other countries and the US

<< *This was effectively a move from Tier 3 class for commercial banks holding it as an asset on their balance sheets. The BCBS (Basel Committee for Bank Supervision) is arguably the highest global authority on banking supervision, with the key role of defining capital requirements.

Ironically with the latest developments with the BRICS+ bloc and the revelations of just how precarious some of the Western fiat countries are in being underpinned by their ability to sell government bonds, the new physical gold Tier 1 designation could really put the skids under this  entire fiat edifice.

Prior to this new ruling, banks were very much dis-incentivised to hold gold, and instead to hold risky assets such as equity capital, currencies, and debt instruments. IMO opinion the fiat currencies carry significant risk already, let alone when the new hard backed BRICS+ instrument comes into play. >>

This erosion of support for the existing reserve main currencies will inevitably lead to…

  • Lower stock prices
  • Higher bond yields
  • More expensive imports
  • The US geopolitical standing taking a big hit

2. Why I doubt that Operation Sandman will be invoked…

a crucial historical review

It is a pointless exercise and counterproductive for the entire planet, including the BRICS+, and the RoW to do this in unison. They can all simply gradually dedollarise by stealth, and in doing so maximise the benefits whilst transitioning in an orderly fashion.

Besides, the US is massively naked shorting gold anyway, in the vain hope of hiding the massively eroding purchasing power of king dollar. This is a godsend for the RoW central banks – the US is idiotically accommodating their rival’s gold bullion stacking binge at massively discounted and contrived synthetic prices – they must be laughing all the way to their central banks.

For more than half a century, since Nixon took the dollar off the international gold standard, all currencies became fiat. Prior to that event, they all were hard backed and most of all  by that barbarous relic, gold. The way things are panning out the 50 year experiment of a non hardbacked reserve currency is coming to a close very soon. In the context of some 5000 years of financial history this is barely a drop in the bucket.

Essentially, from 1971 on, there was a divergence of investment in the U$, and many other Western financial systems, away from the industrial capitalism of the real world economy, into what would turn out to be ruinous financial capitalism. Surely fiat currencies, coupled with a greedy obsession with financial rentier capitalism, is a guaranteed recipe for disaster.

3. Is The U$ Pinning its Hopes On Discovering Alchemy?

Europe’s tiny central bank gold holdings are probably accurate and likely not rehypothecated to any great extent, but the same cannot be said for the US’s claimed 8133 tons of US gold holdings.

It is almost certain that there are multiple ownership claims on each ounce, and this is why global central banks are quietly repatriating physical bullion. The same with silver, as the paper claims for each physical ounce are at least 90:1. The silver price discovery market is even more broken with the true G:S ratio needing to be more in the realms of between 8 -16:1.

Texas is very wisely building its permanent state depository and recategorising gold as legal tender. They do not trust the centralised system, and now at least six other states are looking to follow their lead, because they too are losing trust in the federal system, and in the management of US Treasury gold.

If Texas doesn’t trust the U$ system, then why on earth would the RoW?

4. Foreign Exchange Reserves Quietly Converted Into Gold Bars

It turns out that the massive global shadow banking industry, and with gold being auto-categorised as foreign exchange reserve, that this combination has hidden the fact that large swaths of foreign exchange reserves are being converted into physical gold.

This trend dates back to at least 2010 but really ramped up when the US weaponised the dollar in March 2022 with Russia’s SMO in Ukraine.

This makes a ton of sense (literally) for the RoW, as it amounts to de-dollarisation by stealth – converting incumbent US dollar debt into stacks of debt-free bullion.

Furthermore, this sanction-proofs potentially trillions of excess reserves – a no-brainer when the entire globe is in such a state of financial and military turmoil.

Estimates are that China has around $6 trillion in excess FX reserves giving a truly staggering gold/GDP ratio compared to Europe with a pitiful 4% average and the US potentially massively negative.

Robert Triffin, Belgian-American economist (1911–1993)

5. Another new Global Paradigm — no national currency having the ‘exorbitant privilege’ of reserve currency status

indeed a first for humanity…

Why on earth would any country, especially China, want its currency to have overwhelming reserve currency status anyway? A very bright spark, Robert Triffin, predicted back in 1959 that the Bretton woods system, with the U$ dollar as the world’s utterly dominant reserve currency, was doomed because of fundamental flaws.

Triffin was right – the Belgian born Yale professor predicted that by definition a reserve currency would run increasing deficits. The more popular a reserve currency is, the higher its exchange rate tends to be and the less competitive its domestic exporting industries become.

This means trade deficits for the country issuing the currency. They love the effectively ‘interest free loan’ generated by selling their currency, or in essence their debt, to other countries, but at the same time they need to raise capital for dollar denominated bonds. This is part of the paradox – cheap sources of capital and positive trade balances rarely coincide.

6. Implications of Gold Backing – a national currency versus a trade only international instrument 

History has proven that gold is inappropriate for domestic monetary backing. Michael Hudson covered this on page 433 of his epic book Super Imperialism quoted/paraphrased…

‘Freeing domestic credit from gold backing has been a precondition for promoting rising employment and production of goods and services. But in the international setting gold backing is a positive because it serves as a very real constraint on trade imbalances but not on domestic production and employment.

You could say that Europe and Japan abandoned gold prematurely before developing an alternative to the U$ dollar or the dollar-proxy SDRs issued by the IMF, as an effective arm of the U$ government.

Only the U$ has shown the will to create international structures, and to restructure them to fit its financial ‘needs’ as they devolved from a hyper-creditor to a hyper-debtor nation.

Removing the gold convertibility of the dollar enabled them to unilaterally pursue protectionist trade and cold war military practices simultaneously. The US claim that their surplus dollars act as a ‘growth locomotive’ for other countries by expanding their credit creating powers – as if they need US dollars to do this.

Meanwhile they were able to derail foreign attempts to break free from what has become a tidal wave of US deficit dollars. History will reflect on the remarkable asymmetry  between the U$ and the RoW.” … end quote.

Of course public utility models, like the incredibly successful Commonwealth Bank of Australia, prove that assumption to be patently and tragically false, as this model went on to be arguably the most successful public utility equivalent to a reserve bank in world history.

7. The Commonwealth Bank of Australia — a Pubic Banking Utility Masterstroke

I have included this long chapter, because it is actually an integral part of this entire subject of eCONomics – which is to say that everything about neo-classical economics is based on false maxims and lies, designed to enrich the financial kleptocrats ensconced at the head of the human food chain.

This is integral because it illustrates the fact that in so many cases countries do not even need to borrow from abroad if they effectively deploy the PBS at reserve bank or treasury level. This is another key piece in the global jigsaw puzzle where the global economy could be transformed into a completely new egalitarian paradigm.

The public banking model in itself would become a huge source of liquidity and capital for the entire domestic economy. This would replace the status quo con where nations allow a parasitic global banking cabal to constantly thieve from them like a giant squid, sucking the lifeblood out of the entire nation.

This concept is extremely simple – it means that the public creates their own money and liquidity and to reap the benefits of any interest paid domestically, rather than third parties creating that money and subsequently allowing them to charge us as a nation for that privilege. In the current broken model, we annually allow billions of dollars to disappear overseas into these parasitic global banking institutions.

The exciting part of it all this is that incredibly successful public banking utility models have already been tried and proven to work, and to generate huge sustainable wealth for entire national economies.

One of the most stunning examples was the Commonwealth Bank of Australia which Ellen Brown details in her awesome book ‘The Public Bank Solution‘. Of course, history informs us of the tragedy that this incredible model didn’t last – it actually became a victim of its own astonishing success, and it was destroyed by the combined might of the parasitic global central banking cartel.

While the US was setting up its privately owned central bank, for the Federal Reserve, to become a parasite on  the productive economy of most of the world, Australia was at the exact same time taking the bold step of establishing a PBS bank that issued credit for the sole benefit of – wait for it – Australians!

The huge irony is that Denison Miller, the bank’s first Governor, was allowed to try this model only because he was considered by the other existing bankers of the day to be one of their own thieving ilk, and that therefore they would be able to keep this new bank in line.

In essence, Miller understood how the commercial banks thieved from the nation at large and he set about creating this new model that could very rapidly revive a struggling economy and create long-term wealth for the entire Australian society. The first branch opened in Melbourne in July 1912 and Miller was the only employee.

Somehow he had persuaded the Treasury to advance him £10,000 as seeding money – the first and last time this version of the CBA was lent any money. Of course, this money didn’t even exist – it was simply created as a ledger entry.

Miller subsequently promised that the CBA would at all times be the people’s bank. It slowly dawned on the private bankers, who were so intent on having to guard against the socialisation of their own banks, that they completely underestimated the power of an orthodox banker who simply mobilised the resources of the entire country to enable the CBA to quickly grow into one of the greatest banking models the world had ever seen.

The bank began advancing massive sums of money simply on the credit of the Australian Nation. An early example was the Melbourne Board of Works which went to the market for money to redeem existing loans and to raise new capital – normally they relied on loans from the viper’s nest residing in The City of London. Instead, this time they approached Dennison Miller and were loaned £3 million at 4% – this was an enormous sum at that time.


In 1914 during WW1, citizens started rushing into their banks to withdraw their funds – Miller quickly put a stop to these bank runs by simply declaring that the CBA would support any banks in difficulty – that was the end of the panic immediately. It was a dramatic demonstration of the power of the Govt to stabilise the financial system without relying on any other parties.

In just 2 years from the creation of this bank, Miller was basically in control of financing Australia’s war effort and ZERO money was borrowed from overseas. It was the first bank in Australia to receive a Federal Govt guarantee and offered both savings and general transactional services. By 1912 it took over the State Savings Bank of Tasmania, and by the following year, it had branches in all 6 states.

In 1920 it began acquiring central bank powers and took over the responsibility of issuing Australian bank notes from the Dept of the Treasury. In 1924 a board was appointed with 6 members as the new governing body. During WW2 emergency legislation was passed and the CBA was granted almost full central bank powers.

The CBA was a remarkable success, but was subsequently seen to be threatening the hegemony of the City of London thieves. Prior to the establishment of the CBA, London capital had always dominated the Australian financial system.

This was  the colonial model of the time – ie financial colonialism, where the colonies were granted the right to “govern” themselves – provided they obeyed the financial rules of the COL (City of London) – shame about this acronym!. As such the Old Lady of Threadneedle Street (The Bank of England) presided over the financial dynasty of the empire.

Australia was a debtor nation until WW1 when it suddenly demonstrated its ability to independently finance its war effort. It also used the CBA to finance its own shipping line which was poised to smash the City’s shipping monopoly – the old bitch from Threadneedle Street was not amused.

Miller calmly told the big bankers at a dinner in London that Australia could meet any demand, simply because it had the capital of the entire country behind it. When he arrived home in Aus he was asked by a deputation of the unemployed for a loan of £350 million for productive purposes – he advanced the money immediately, and news of this caused panic within the COL, as they realised that if other countries adopted this model their entire financial edifice could collapse.

The COL immediately set about devising a plan that would enable overseas national institutions to be drawn into its squid-like network. The plan was to centralise all banking throughout the empire over to the supervision of the Bank of England – it would become the super banker’s bank.

The horrible old lady got her way and as such the modern parasitic and hegemonic central banking model was born. The head of the bloodsucking squid would eventually moved from London to the Bank for International Settlements (BIS) in Basel Switzerland – a model originally designed to launder Nazi war loot pilfered from their rampage across Europe during WW2.

This is the disgustingly parasitic model that survives to this day, and New Zealand (NZ) is a paid-up member of this bankster club too – our RBNZ dances to their tune and as a result we squander billions of dollars annually overseas to thieving institutions when we could create our own money and credit just as the CBA did in Australia.

Sergey Glazyev, Russian politician and economist, with Vladimir Putin

8. Whats is the new BRICS+ Instrument to be – a basket of 20 commodities including gold, or gold alone?

Some very astute financial analysts, including  Alasdair Macleod have thought all along that Sergey Glazyev, the Commissioner for Integration and Macroeconomics within the Eurasian Economic Commission, the executive body of the Eurasian Economic Union, was never that serious about the new trade instrument being backed by a basket of around 20 major commodities including gold and silver.

Their theory was that this multiple hard-backing would be too hard to bring to fruition and to administer. Personally, I always liked the idea because I thought it could have had a smoothing effect on the volatility of the trade instrument. This would be very much the case until the market discovery of G & S finally kicked in to properly expose the true purchasing power of the dominant Western fiat currencies.

Certainly though, the gold only backing could be easily instigated, with a brand new issuer of this currency that would not be taking a central bank style role, but to simply become an institute of issuance.

Gazyev has publicly written in a Moscow based business paper that it is time for the Russian rouble to be on a gold standard – given this was co-written by the deputy of the EUEA Committee, this must carry some weight, but it was written back before the Johannesburg BRICS+ Summit meeting, in which no decision or announcement was made about the new instrument.

Also at that time there were statements from Indian officials that there was no way they would go along with this gold-backed currency. Remember too that BRICS+ requires a unanimous vote for this new currency instrument to be accepted.

Also Lavrov has mentioned that Russia had accumulated a large quantity of Indian rupees which were difficult to convert – a new trade instrument would make the  process of trade a breeze, and stop the third party ticket clipping too. No sooner was this intent announced than both the odious Yellen and Kissinger visited Beijing to try to pressure China from joining in this new initiative, presumerably using the argument that it would undermine their export market.

It appears that China is more concerned about the vulnerability of the new BRICS+ members stress arising from high interest rate loans, than they are about the welfare of the Western hegemon – who could blame them for that – the economic hybrid war waged against the RoW is hardly a secret.

Also the new trade-only currency is very different from normal bank credit, as this form of credit is self-extinguishing when trades are completed. I assume the importer would get access to the trade currency through its central bank. This would be credit created on the back of this new currency and tied to gold, not just created out of thin air.

Presumably this would make the politics a lot more simple because there would be no interference with the management of the individual member’s sovereign currencies. This also explains why the idea of the new trade instrument being just a mix of all of these currencies was probably a bad idea.

This system would also have required endless reconfiguring as a growing procession of new members joined up. I view the 153 BRI members as a precursor to a massive watershed of new BRICS+ members adding exponentially to the size of this new bloc.

Incidentally, the SCO (Shanghai Cooperation Organisation) and BRICS+ are becoming more and more aligned too, with the SCO having nine full members, two observer nations, fourteen dialog members and another six pending applications, giving a grand total of 31 nations as members and associates. Kuwait, UAE, Maldives, Myanmar and Bahrain are all new dialog members just since May 2023


9. China is under no illusions about the serial economic hitman antics of the Western financial hegemon

They have witnessed the Latin American (LatAm) crises of the 1970s US orchestrated pump and dump schemes that effectively bankrupted their victim nations and allowed U$ corporations to pick up assets and public utilities for pennies on the pound.

Closer to home was the 1997 Asian Financial Crisis, which originated in Thailand with the collapse of the Thai baht and the capital flight after they were forced to float because of their lack of foreign currency to support the peg to the U$ dollar.

This spread quickly to many other southeast (SE) Asian countries and later to Japan and South Korea as well. The result was slumping currencies, stock markets, other asset prices, and a massive rise in debt with debt:GDP ratios rising by 100-180% in all of the largest economies.

China assisted in the damage control by making $4 billion available in bailout money, and by not devaluing its own currency. However the tide of capital fleeing these countries was not stopped and the authorities had to cease defending their exchange rates and allow their currencies to float. Their foreign liabilities grew massively in domestic currency terms, causing even more extended carnage.

The  ASEAN countries believed that the well co-ordinated manipulation of their currencies was a deliberate attempt to destabilise their economies. The Malaysian Prime Minister, Mahathir Mohamad accused George Soros and other currency traders of ruining Malaysia’s economy with currency speculation.

Long story short, the carnage from this Western contrived pump and dump debacle was right on their doorstep and it remains very vivid in the minds of all of these SE Asian BRICS+ bloc members.

The NDB (New Development Bank) was tasked with helping to finance developing countries, and Russia in 2023 offered 25-50,000 tons of free grain to six struggling African nations.

In short it is obvious that China sees the real priority is to support Russia and the BRICS+ bloc, together in mutual cooperation in a 21st Century industrial revolution for the benefit of all member countries, their productive economies, and to build sustainable future wealth.

Halford Mackinder’s Heartland Theory: the Afro-Asian “World-Island” at permanent struggle with the Rimlands

10. Mackinder’s 1904 theory was right – the ‘World Island’ he predicted has indeed become a reality.

This could well be recorded for posterity as the major geopolitical pivot in the history of our species.

Now we await the announcement of the new hard backed trade instrument as soon as the BRICS+ nations are satisfied with their bullion stacking, and a non synthetic market driven price discovery for gold and silver takes place. IMO it will work admirably because a better alternative to the unbacked fiat countries will be, not only available, but utterly compelling for trade settlement purposes, but also in terms of stable and secure reserves.

The US is in an impossible debt trap now and the Fed has lost control – the cost of credit is too high for the massive amount of debt entrenched in the system and if the dollar weakens, inflation will be off to the races even further.

Official inflation figures are a complete croc anyway, and as John Williams reported 5 months ago for August 2023, when the official CPI was headlined at 3.7% YOY, his estimate was 11.5%. If the changes weren’t made to the calculation formula between the 80s and the early 2000s, they would be forced to report the double digit number.

When the inflation figure is manipulated to this degree it means that the Fed is in reality, operating outside of the price stability mandate. Given that employment figures are completely fictitious too, that many part time jobs are included in the total, and people no longer looking for jobs are excluded in the formula, this figure is a complete croc too.

To me this means that the 100% privately owned Fed is not operating within any effective mandate whatsoever, and even more outrageous is the fact it hasn’t had a proper audit for over 70 years!


11. Has the U$ and the West reached peak stupidity yet?

No, it seems they are still working on it – figures below are from…

US Debt Clock.org

  • US National debt $34.34 Trillion – 123% of GDP
  • National debt per citizen $102,000
  • National debt per taxpayer $ $265,000
  • Social Security Liability $26.6 Trillion
  • Medicare Liability $40.8 Trillion
  • Unfunded Liabilities $213 Trillion
  • Liability per citizen $633,000
  • Liability per taxpayer ~$850,000
  • Student debt $1.7 Trillion = per student $38,900
  • Credit card debt #1.38 trillion = per holder $8,131

To try to put the public debt into perspective I compared the US External National debt to the highest 30 debtor nations of the world. I took out the 17 of those that were NIIP positive (Net International Investment Position) – ie net external assets less liabilities, and at the current $34.34 trillion, this was more than double the debt of all the rest  of the remaining 13 net indebted countries combined.

On present trends by 2031 every single penny of tax revenue will go just to pay interest on debt and spending on social security, which is already in a $70 trillion dollar hole.

Even more crazy is the fact that the U$ informed Saudi Arabia of its intention to transition into ‘green’ energy ASAP, when the KSA was the key lynchpin to saving the petrodollar, which was in turn the only possible saviour of U$ reserve currency status.

One of the common criticisms of BRICS+ bloc is its incredible diversity – I see this diversity as a strength, with each country bringing varying degrees of raw materials, energy resources, manufacturing prowess, and logistics, to the table, in a giant bloc that is no longer beholden to the West.

12. Overseas Investment in the US

Around $33 Trillion in total – made up of…
— $7.5T in short term investments – bank deposits, treasury bills, and corporate bills
— $14.5 is invested in equities and the balance in Treasury bonds

If the confidence in the U$ economy and its fiat currency starts to slide, will these foreigners stay in these investments if they have viable alternatives? Some of this $33T will obviously flee into gold. Some will go into China because with its massive infrastructural investments in Africa, Asia, and LatAm they will be seeking these capital inflows. Some of this capital will flow into entities stockpiling commodities, as this is a hedge against the fiat currencies’ declining purchasing power.

The West is hamstrung though, as it probably has at least 10,000 tons of gold with multiple ownership, as so much has been swapped and leased out.

Investing in real estate in countries where their currencies plummet can be problematic too. History showed that rents in Germany in the 1920s fell so much in real terms that a property could become a liability because maintenance and ownership costs could overtake income. This effect does not happen with money held in gold and silver. In a currency crisis this effect can become a deterrence to invest in some normally reasonably hard asset classes.


Conclusion

Clearly this monumental transition won’t be just about sound money and economic principles. This fix requires genuine statesman and the governance structures that have their citizens and nations egalitarian and long term interests at heart. This is evident within the RoW and BRICS+ governance and leaders, but is sadly lacking within in the Western train wreck.

Tragically it seems that the West will need to comprehensively crash and burn before the political appetite ousts the current treasonous bunch from office.  Of course, there remains the danger during the transition period, of even more dangerous tyrants gaining power.

I predict an imminent watershed of U$ states seceding from the Union without radical changes in the behaviour of central government.  So much for Uncle $laughter’s obsession with endeavouring to carve up the Russian Federation like a side of beef for the taking – the shoe could well end up on the other foot.

The BRICS+ bloc members don’t even need to interfere, as the West is doing far more to self-destruct than if all of their rivals combined together to deliberately try to undermine the hegemon.

I think the formal announcement of the new trade instrument will only eventuate when the BRICS+ bloc members have completed their bullion stacking, and as the new physical market discovery process begins in earnest.

The entire process to date amounts to a period of ~17 years or so. The new bloc has had all that time to carefully study historical models, and to design the new functional model accordingly.

Methinks they will get it right, especially since they hold a full hand of trump cards – including the left and right bowers, the Joker (Mr Putin) and enormous stacks of chips on the table as well.

Colin Maxwell

Who Owns the World?

Par : AHH

A Small Group of Big Money

For GlobalSouth.co by Peter Koenig
Economist, Geopolitical Analyst
25 February 2024

“Who Owns the World” is the title of an extraordinary documentary, describing how Big-Big Money controls not only every aspect of your life, but has a stranglehold on every government, the political UN body, as well as every UN agency, and all industries and services of this globe.

These largest investors are BlackRock, Vanguard, and State Street.

These same investment groups also control over 90% of the world’s major media. Even Rupert Murdoch’s media empire is majority owned by BlackRock / Vanguard. It is therefore no miracle that hardly any news penetrates the walls of secrecy about these major shareholders of every aspect of human life and life-related activities and businesses.

It is a monopoly that can literally not be opposed by traditional means. They have also invented the “rules-based order” — overruling every international and national law at their will. They know no limits, no ethics and adhere to no human or human rights standard. POWER is them.

The two most powerful investors and investment managers are BlackRock and Vanguard. They are closely linked, to the point where their management is largely inter-changeable. Vanguard is BlackRock’s largest shareholder, meaning that they control BlackRock.

Though Vanguard is not transparent about its own shareholders, Vanguard is owned by the richest families on earth. Vanguard has been created to hide their investments and money transactions.

Through non-profit organizations, like the Rockefeller Foundation, Gates Foundation, Rothschild Foundation, JPMorgan Foundation, Clinton Foundation, Bush Foundation, Albert DuPont Charity Trust – and so on, billions of “donation” money is transferred – tax-free – to Vanguard, a shield for their potentially criminal transactions and funding.

The Bill and Melinda Gates Foundation is the largest funder of WHO. It also controls GAVI, the vaxx-alliance – and is therefore the most influential organization over human health – and death.

These same people, alias Foundations, also own Blackrock – which is why BlackRock and Vanguard are interchangeable or can act as one, if it is to their advantage.

According to Bloomberg, by 2028, the two will own / manage some 20 trillion dollars – about a fifth of the current world GDP.

If joined by State Street, as is often the case, the world’s fourth largest investment manager, you may add another US$ 3 to US$ 4 trillion of managed assets. Sometimes they are joined by Berkshire Hathaway, City Bank, Bank of America, Chase & Co, Goldman Sachs… adding another few trillion of managed assets to their pie.

However, these second or third ranking financial institutions, in turn, are also owned by BlackRock and Vanguard. One might call it an omnipotent vicious circle from which it is almost impossible to escape.

See this one-hour Rumble-video for more details and network of ownership that literally rules the world

With that power they can leverage every country in the world, every institution, and every corporation – as they are the largest shareholders of the industrial, military, service and infrastructure investment machine that makes the world turn.
—-

Please allow just a little detour to Gaza, where the Zionist racist massacre of an entire population has been going on as today for 141 days. Some 30,000 Palestinian have been killed; 70% children and women. Children and women are the prime targets, because children are the next generation and women are the bearer of the next generation – they must be eliminated by the supremacist Zionists.

The horror and inhumanity have no words, cannot be appropriately described with our human vocabulary: Bombs have liquidated an entire family. The mutilated body of a seven-year-old girl, Sidra, is hanging from a wall. Hind, a six-year-old girl, was mercilessly killed by Israeli armed forces, as she was begging for help from an ambulance, surrounded by the cadavers of her killed family. As illustrated by “Hildebrandt”, a Peruvian, renowned non-mainstream news media (23 February 2024).

Tell me, please, are these all-powerful financial conglomerates not powerful enough to stop this massacre at once? They hold entire nations hostage to do their bidding, but they cannot stop Israel, the Zionists behind the State of Israel, from their merciless atrocious killing, murder, massacre of an entire population?

Are they powerful enough to preventing the United States, their Anglosaxon and European puppet governments from halting their money, weapon, and “moral” support of the Zionist onslaught? – Or is their power behind the US veto breaking the UN Security Council’s quest for a Ceasefire in Gaza?

In any case, by not using their power to stop the Zionist war against Palestine, to stop any war, any killing in the world, are they not complicit in the mass-murders in Gaza and around the world by not ending them?

They could. Why are they not doing it?

They are drunk with Power – and as we know, power and money have been derailing humanity for a long time – but now the extent of shame and barbarism has reached a level, where our civilization risks to disappear; and where there is no way to escape – not the traditional ways.
———–

BlackRock / Vanguard are also major shareholders in the secondary and tertiary asset management and banking institutions. So, they control the managed investments of, say, Goldman Sachs, Bank of America, City, Chase, Morgan-Stanley – you name it.

If you invest, for example, in a food conglomerate, like Nestlé, Unilever, PepsiCo, most have no idea that they invest in BlackRock / Vanguard, major shareholders of these food corporations, and by doing so, they also invest in the worldwide military industrial (killing) complex which is too is controlled by BlackRock / Vanguard.

BlackRock / Vanguard / State Street are also the powers behind the power – most often invisible. For example, BlackRock has close links with many Central Banks, especially with the Federal Reserve. They lend money to the FED – and are a principal adviser to the FED and most likely to other central banks, including they advise on computer systems they use and which connects them.

BlackRock, is by far the largest influencer and donor, or “partner”, as they prefer to call themselves, therefore, also “commander”, of the World Economic Forum (WEF), the entire UN system, its political arm, as well as its sub-agencies – and by proxy, also the World Health Organization (WHO) – and not to forget GAVI, the Vaccination Association, physically located just next door to WHO – and by further extension, Big-Pharma, the pharma industry.

Together with their faithful think-alike executer of WEF’s mandates, Mr. Klaus Schwab, as well as the multibillionaires, such as the Gates, Rockefellers, Soros’es of this world, one can easily deduct – they – BlackRock and Co. – control our lives – health and death.

Through their world-domineering ownership of all that moves, shakes, and produces, they are globalists, eugenists and “green-agenda” eccentrics – pushing the climate change lie – come hell or high water. Costs in money and lives do not matter.

Were these financial monsters behind the covid-plandemic idea? What a question!

Their agenda – eugenist, destruction of current economic structures to rebuild according to this small elite’s criteria – is clearly spelled out by the Club of Rome’s (CoR) “Limits to Growth” (1972), and the follow-on Report “The First Global Revolution” (1991) which claims early on in its text that annihilation of the current system is a MUST, to rebuild, bringing the fundamental changes in favor of the elite – with eugenics and absolute control always in the fore.

Is the CoR at the service of the global financial empire? After all, the same powers are behind both.

Not by coincidence, the Rockefeller Group is the inventor of the Club of Rome, today comfortably seated, tax free and with full diplomatic immunity, in Switzerland.


———-

The fake Covid plandemic is the first building block for this all-destructive mechanism, the “corner stone’ of destruction, so to speak. The lockdowns, the inhuman, totally invalid PCR tests, the fear-mongering – the invented covid-death rates – were very effective in manipulating people, but also in laying the groundwork for the overall annihilation of our society and even civilization, in shifting assets from the bottom to the top – and in abolishing the world economy that carries our civilization.

Once the people were shivering from fear, the deadly “vaxxes” were introduced. Lo and behold, by now, despite ever-louder opposition – about 5.7 billion people – out of the world’s 8 billion (more than 70%) have received at least one jab – and most got 2 or 3 injections.

These poisonous injections are in the human bodies and may most likely react sooner or later. According to Mike Yeadon, former VP and Chief scientist of Pfizer – over the next three to ten years, the death-toll will increase probably drastically, but most people will not link it to the “vaxxes” — either because they have been indoctrinated that deaths are due to long or late covid, or because they suffer from and live in cognitive dissonance.

Big Money to own and control it all, must drastically reduce world population. This is propagated by the WEF, and as of this day by the CoR (see this).

WEF’s Chairman, Klaus Schwab’s top advisor, Israeli Professor, Yuval Noah Harari, asks openly what to do with the “useless eaters” when their “raison d’être” has ben replaced by Artificial Intelligence (AI). Giving them a base salary for (temporary) survival, getting them hooked on violent video games to prep them for the future, and to let them gradually “disappear”? [01] [02] [03]
—–

In addition to severe human injuries and death, the vaxxes also reduce male and female fertility, cause miscarriages, highly aggressive and lethal turbo-cancers, and of course, myocardities and sudden deaths. Overall excess mortality in the west is as high as 20% in some countries. In the UK, where excess deaths are alarming the common public, they have started modifying statistics to erase surplus mortality.

In parallel, mostly funded by the Soros Open Society Foundation, the Woke movement is ravaging the western world, with promotion of sex changes – and the infamous “multi-letter” agenda – LGBTQIA+ = Lesbian, Gay, Bisexual, Transgender, Queer, Intersex, and Asexual. WOW! – This is promoted in schools, in some countries with strict bans of parents’ interference in their children’s, as young as 11 years, wishes for sex-change.

This agenda reduces birth rates further.

Endless wars – create chaos, confusion, desperation and, of course, also deaths.
——

The Money Masters have succeeded in creating the first building blocks. WHO may soon become the most powerful health (life and death) tyranny on earth, if the infamous Pandemic Treaty and the harshly modified International Health Regulations (IHR) are approved at the upcoming World Health Assembly (WHA) in May 2024.

Knowing who is in possession and control of WHO and the WHA, the world is called upon to exit WHO. Internationally renowned Dr Peter McCullough testified in the European Parliament in Strasbourg, about the social and economic consequences of covid vaxxes, as well as the potentially impending WHO tyranny – concluding with a call on the EU and the US – and the rest of the world to exit WHO. (See this).

To retake the world, by We the People, leaving BlackRock, Vanguard & Co. behind, exiting the UN system and WHO – would be the next step. Most important, and possibly the only way defeating this money power, is withdrawing from the current societal system and start afresh.

Small communal economies – as far away as possible from any digitization – with a dynamic cooperation among themselves, evolving naturally and on a higher spiritual level than the low vibrating one which is typical for our material world and the present strive for ever more material goods.

“Only when we are divided, can the elite retain its power over us.”

“The Wound is the Place, where the Light enters You”. By the great Sufi poet, Rumi

Their weapons are blackmail and fear.

WE MUST NOT FEAR.
We are the 99%.

We can do it.
And we MUST do it for survival of humanity.

——-


Peter Koenig is a geopolitical analyst and a former Senior Economist at the World Bank and the World Health Organization (WHO), where he worked for over 30 years around the world. He lectures at universities in the US, Europe and South America. He writes regularly for online journals and is the author of Implosion – An Economic Thriller about War, Environmental Destruction and Corporate Greed; and  co-author of Cynthia McKinney’s book “When China Sneezes: From the Coronavirus Lockdown to the Global Politico-Economic Crisis” (Clarity Press – November 1, 2020)

Peter is a Research Associate of the Centre for Research on Globalization (CRG).
He is also a non-resident Senior Fellow of the Chongyang Institute of Renmin University, Beijing.

Julian Assange’s Final Appeal

Par : AHH

If the WikiLeaks editor is extradited to face trumped-up ‘treason’ charges in the USA, it is the death of investigations into the inner workings of power by the press.

Reproduced from the Chris Hedges Report, with thanks.

If Julian Assange is denied permission to appeal his extradition to the United States before a panel of two judges at the high court in London this week, he will have no recourse left within the British legal system. His lawyers can ask the European Court of Human Rights (ECtHR) for a stay of execution under Rule 39, which is given in “exceptional circumstances” and “only where there is an imminent risk of irreparable harm”. But it is far from certain that the British court will agree. It may order Julian’s immediate extradition prior to a Rule 39 instruction or may decide to ignore a request from the ECtHR to allow Julian to have his case heard by the court.

The nearly 15-year-long persecution of Julian, which has taken a heavy toll on his physical and psychological health, is done in the name of extradition to the USA, where he would stand trial for allegedly violating 17 counts of the 1917 Espionage Act, with a potential sentence of 170 years.

Julian’s ‘crime’ is that he published classified documents, internal messages, reports and videos from the US government and US military in 2010, which were provided by US army whistleblower Chelsea Manning. This vast trove of material revealed massacres of civilians, tortureassassinations, the list of detainees held at Guantanamo Bay and the conditions they were subjected to, as well as the Rules of Engagement in Iraq. Those who perpetrated these crimes – including the US helicopter pilots who gunned down two Reuters journalists and ten other civilians and severely injured two children, all captured in the Collateral Murder video – have never been prosecuted.

Julian exposed what the US empire seeks to airbrush out of history.

Julian’s persecution is an ominous message to the rest of us. Defy the US imperium, expose its crimes, and no matter who you are, no matter what country you come from, no matter where you live, you will be hunted down and brought to the USA to spend the rest of your life in one of the harshest prison systems on earth. If Julian is found guilty it will mean the death of investigative journalism into the inner workings of state power. To possess, much less publish, classified material – as I did when I was a reporter for the New York Times – will be criminalised.

And that is the point, one understood by the New York Times, Der Spiegel, Le Monde, El País and the Guardian, who issued a joint letter calling on the USA to drop the charges against him.

Australian prime minister Anthony Albanese and other federal lawmakers voted on Thursday for the United States and Britain to end Julian’s incarceration, noting that it stemmed from him “doing his job as a journalist” to reveal “evidence of misconduct by the USA”.

Case has no basis in law

The legal case against Julian, which I have covered from the beginning and will cover again in London this week, has a bizarre Alice-in-Wonderland quality, where judges and lawyers speak in solemn tones about law and justice while making a mockery of the most basic tenets of civil liberties and jurisprudence.

How can hearings go forward when the Spanish security firm at the Ecuadorian Embassy, UC Global, where Julian sought refuge for seven years, provided videotaped surveillance of meetings between Julian and his lawyers to the CIA, eviscerating attorney-client privilege? This alone should have seen the case thrown out of court.

How can the Ecuadorian government led by Lenin Moreno violate international law by rescinding Julian’s asylum status and permit London Metropolitan police into the Ecuadorian embassy – sovereign territory of Ecuador – to carry Julian to a waiting police van?

Why did the courts accept the prosecution’s charge that Julian is not a legitimate journalist?

Why did the United States and Britain ignore Article 4 of their extradition treaty, which prohibits extradition for political offences?

How is the case against Julian allowed to go ahead after the key witness for the United States, Sigurdur Thordarson – a convicted fraudster and paedophile – admitted to fabricating the accusations he made against Julian?

How can Julian, an Australian citizen, be charged under the US Espionage Act when he did not engage in espionage and wasn’t based in the US when he received the leaked documents?

Why are the British courts permitting Julian to be extradited to the USA when the CIA – in addition to putting Julian under 24-hour video and digital surveillance while in the Ecuadorian embassy – considered kidnapping and assassinating him, plans that included a potential shoot-out on the streets of London with involvement by the Metropolitan police?

How can Julian be condemned as a publisher when he did not, as Daniel Ellsberg did, obtain and leak the classified documents he published?

Why is the US government not charging the publishers of the New York Times or the Guardian with espionage for publishing the same leaked material in partnership with WikiLeaks?

Why is Julian being held in isolation in a high-security prison without trial for nearly five years when his only technical violation of the law is breaching bail conditions when he sought asylum in the Ecuadorian embassy? Normally this would entail a fine.

Why was he denied bail after he was sent to HM Prison Belmarsh?

Tearing up all rights and precedents

If Julian is extradited, his judicial lynching will get worse. His defence will be stymied by US anti-terrorism laws, including the Espionage Act and Special Administrative Measures (SAMs). He will continue being blocked from speaking to the public – except on a rare occasion – and being released on bail. He will be tried in the US district court for the Eastern district of Virginia, where most espionage cases have been won by the US government. That the jury pool is largely drawn from those who work for or have friends and relatives who work for the CIA, and other national security agencies that are headquartered not far from the court, no doubt contributes to this string of court decisions.

The British courts, from the inception, have made the case notoriously difficult to cover, severely limiting seats in the courtroom, providing video links that have been faulty, and in the case of the hearing this week, prohibiting anyone outside of England and Wales, including journalists who had previously covered the hearings, from accessing a link to what are supposed to be public proceedings.

As usual, we are not informed about schedules or timetables. Will the court render a decision at the end of the two-day hearing on 20 and 21 February? Or will it wait weeks, even months, to render a ruling as it has previously? Will it permit the ECtHR to hear the case or immediately railroad Julian to the USA?

I have my doubts about the high court passing the case to the ECtHR, given that the parliamentary arm of the Council of Europe, which created the ECtHR, along with the EU’s commissioner for human rights, oppose Julian’s “detention, extradition and prosecution” because it represents “a dangerous precedent for journalists”.

Will the court honour Julian’s request to be present in the hearing, or will he be forced to remain in the high-security HM Prison Belmarsh in Thamesmead, southeast London, as has also happened before? No one is able to tell us.

Julian was saved from extradition in January 2021 when District Judge Vanessa Baraitser at Westminster magistrates’ court refused to authorise the extradition request. In her 132-page ruling, she found that there was a “substantial risk” Julian would commit suicide due to the severity of the conditions he would endure in the US prison system.

But this was a slim thread. The judge accepted all the charges levelled by the USA against Julian as being filed in good faith. She rejected the arguments that his case was politically motivated, that he would not get a fair trial in the USA, and that his prosecution is an assault on the freedom of the press.

Baraitser’s decision was overturned after the US government appealed to the high court in London. Although the high court accepted Baraitser’s conclusions about Julian’s “substantial risk” of suicide if he was subjected to certain conditions within a US prison, it also accepted four assurances in US Diplomatic Note no 74, given to the court in February 2021, which promised Julian would be treated well.

The US government claimed in the diplomatic note that its assurances “entirely answer the concerns which caused the judge [in the lower court] to discharge Mr Assange”. The ‘assurances’ state that Julian will not be subject to SAMs. They promise that Julian, an Australian citizen, can serve his sentence in Australia if the Australian government requests his extradition. They promise he will receive adequate clinical and psychological care. They promise that, pre-trial and post-trial, Julian will not be held in the administrative maximum facility (ADX) in Florence, Colorado.

It sounds reassuring. But it is part of the cynical judicial pantomime that characterises Julian’s persecution.

No one is held pre-trial in ADX Florence. ADX Florence is also not the only supermax prison in the USA where Julian could be imprisoned. He could be placed in one of our other Guantanamo-like facilities in a communications management unit (CMU). CMUs are highly restrictive units that replicate the near total isolation imposed by SAMs. The ‘assurances’ are not legally binding. All come with escape clauses.

Should Julian do “something subsequent to the offering of these assurances that meets the tests for the imposition of SAMs or designation to ADX” he will, the court conceded, be subject to these harsher forms of control. If Australia does not request a transfer it “cannot be a cause for criticism of the USA, or a reason for regarding the assurances as inadequate to meet the judge’s concerns”, the ruling reads. And even if that were not the case, it would take Julian ten to 15 years to appeal his sentence up to the US supreme court, which would be more than enough time to destroy him psychologically and physically. Amnesty International said the “assurances are not worth the paper they are written on”.

Julian’s lawyers will attempt to convince two high court judges to grant him permission to appeal a number of the arguments against extradition that Judge Baraitser dismissed in January 2021. His lawyers, if the appeal is granted, will argue that prosecuting Julian for his journalistic activity represents a “grave violation” of his right to free speech; that Julian is being prosecuted for his political opinions, something which the UK-US extradition treaty does not allow; that Julian is charged with “pure political offences” and the UK-US extradition treaty prohibits extradition under such circumstances; that Julian should not be extradited to face prosecution where the Espionage Act “is being extended in an unprecedented and unforeseeable way”; that the charges could be amended resulting in Julian facing the death penalty; and that Julian will not receive a fair trial in the USA. They are also asking for the right to introduce new evidence about CIA plans to kidnap and assassinate Julian.

If the high court grants Julian permission to appeal, a further hearing will be scheduled, during which time he will argue his appeal grounds. If the high court refuses to grant Julian permission to appeal, the only option left is to appeal to the ECtHR. If he is unable to take his case to the ECtHR, he will be extradited to the USA.


Persecution for political not legal reasons

The decision to seek Julian’s extradition, contemplated by Barack Obama’s administration, was pursued by Donald Trump’s administration following WikiLeaks’ publication of the documents known as Vault 7, which exposed the CIA’s cyberwarfare programmes, including those designed to monitor and take control of cars, smart TVs, web browsers and the operating systems of most smartphones.

The Democratic party leadership became as bloodthirsty as the Republicans following WikiLeaks’ publishing of tens of thousands of emails belonging to the Democratic national committee (DNC) and senior Democratic officials, including those of John Podesta, Hillary Clinton’s campaign chairman during the 2016 presidential election.

The Podesta emails exposed that Clinton and other members of Obama’s administration knew that Saudi Arabia and Qatar – which had both donated millions of dollars to the Clinton Foundation – were major funders of the Islamic State of Iraq and Syria. They revealed transcripts of three private talks Clinton gave to Goldman Sachs – for which she was paid $675,000 – a sum so large it can only be considered a bribe.

Clinton was seen in the emails telling the financial elites that she wanted “open trade and open borders” and believed Wall Street executives were best positioned to manage the economy, a statement that contradicted her campaign promises of financial reform. They exposed the Clinton campaign’s self-described “Pied Piper” strategy, which used their press contacts to influence Republican primaries by “elevating” what they called “more extreme candidates”, to ensure Trump or Ted Cruz won their party’s nomination. They exposed Clinton’s advance knowledge of questions in a primary debate.

The emails also exposed Clinton as one of the architects of the war and destruction of Libya, a war she believed would burnish her credentials as a presidential candidate.

Journalists can argue that this information, like the war logs, should have remained secret. But if they do, they can’t call themselves journalists.

The Democratic leadership, which attempted to blame Russia for its election loss to Trump – in what became known as Russiagate – charged that the Podesta emails and the DNC leaks were obtained by Russian government hackers, although an investigation headed by Robert Mueller, the former FBI director, “did not develop sufficient admissible evidence that WikiLeaks knew of – or even was wilfully blind to” any alleged hacking by the Russian state.

Acts of real journalism, instead of mindless stenography

Julian is persecuted because he provided the public with the most important information about US government crimes and mendacity since the release of the Pentagon papers. Like all great journalists, he was nonpartisan. His target was power.

He made public the killing of nearly 700 civilians who had approached too closely to US convoys and checkpoints, including pregnant women, the blind and deaf, and at least 30 children.

He made public the more than 15,000 unreported deaths of Iraqi civilians and the torture and abuse of some 800 men and boys, aged between 14 to 89, at Guantánamo Bay detention camp.

He showed us that Hillary Clinton in 2009 ordered US diplomats to spy on UN secretary general Ban Ki-moon and other UN representatives from China, France, Russia, and Britain, spying that included obtaining DNA, iris scans, fingerprints and personal passwords.

He exposed that Obama, Hillary Clinton and the CIA backed the June 2009 military coup in Honduras that overthrew the democratically-elected president Manuel Zelaya, replacing him with a murderous and corrupt military regime.

He revealed that the United States secretly launched missile, bomb and drone attacks on Yemen, killing scores of civilians.

No other contemporary journalist has come close to matching his revelations.

Julian is the first. We are next.

La Russie suspend sa contribution annuelle au Conseil de l’Arctique

russie arctique

russie arctiqueLa Russie a suspendu le paiement de ses contributions annuelles au Conseil de l’Arctique, a déclaré le ministère des Affaires

L’article La Russie suspend sa contribution annuelle au Conseil de l’Arctique est apparu en premier sur STRATPOL.

Solutions to the Western Train Wreck

Par : AHH

For GlobalSouth.co by our Colin from New Zealand

Solutions Unearthed by a Tale of Two Economies

A SEQUEL TO PART 1 – The Western Train Wreck – and an effort to promote a solution orientated discussion

It seems that what I regard as an extremely important book , Scott Andrew Smith’s, ‘A Tale Of Two Economies’ released in 2023, has gone relatively unnoticed.

Of course this is entirely to be expected because of the entrenched ‘thinking’ of the eCONomists and commentators who nurture and cheerlead the ruinous Western status quo.

It turns out that the staggering size of the total volume of payments in the highly financialised U$ economy was not even known until the Fed began building the means to track payments in collaboration with the Bank for International Settlements (BIS).

Indeed, given the degree to which the Fed is compartmentalised, only a select few of them even now have a clue about this. Politicians of course were just as out of touch – I imagine that this remains the case as to date I have seen no mention of this on the MSM, let alone alternative media – hence the idea to make this subject part II of my sequel.

The Dream Team – FTT and the PBS

FTT = Financial Transaction Tax
PBS = Public Banking Solution

What I see are two distinctly different, although complimentary, initiatives which between the two could turn even the most broken financial model into a socio-economic miracle within a few short years – indeed, most often within as little as one term of government.

Both systems are stunningly simple mechanisms, which is frustrating as all hell, because that in turn generates the default reaction of at least 95% of the population – they dismiss the concept without knowing any details on the grounds that if it is that simple, it would have been done long before now.

The other automatic default reaction is that these solutions (especially any mention of Basic Income) are seen as far too ‘socialist’ and as such are the thin edge of the wedge in a slide back into communism.

Scott Smith addresses this reaction directly…

“Communism is premised on the notion that it is the worker who creates profit in the products that are produced, so if a company makes a profit after having paid its workers, the worker has been shortchanged for the value they created.

Communism was conceived of before automation as a response to the abject poverty of the 19th century. It was fuelled by the huge gap between the rich and poor, and it rejected the notion that profiting from capital investments could ever be good for society.

The issues that communism sought to address were real, and these issues still exist as shown in this book, though not to the extent they did in the 19th century. The fact that we have a middle class today shows that workers are better paid. Yet there are many who work hard and still live in poverty. The solutions in this book address these problems in a way that fuels economic growth instead of destroying the engine of our wealth, as communism does.”

Of course a huge part of the neoliberal strategy to engineer their vision of a new world ‘order’ (sic) is to point the finger at a communist takeover when in essence it is already a dead duck – NB – from 30% in the 1980s the percentage of global population ruled by technically communist governments is today down to a minuscule 0.5%.

And why the massive plummet down to 1/60th of its former glory within 40 years – BECAUSE COMMUNISM SIMPLY DOESN’T WORK – PERIOD!

In fact I have pointed out before that the U$ fought a horrible war in Vietnam, ostensibly with the aim of stamping out communism. The U$ lost the war, and then in the height of irony within a few decades communism actually defeated itself as the country of 99 million people organically transitioned into a free-market capitalist model.

The current 0.5% remnant consists of minnows Laos, North Korea and of course Cuba. What the socialist!, socialist!, socialist! panic brigade seems to miss is the fact that the US economy is ‘socialist’ anyway, only in the most obscene way possible, where the costs are born by Mainstreet, and the profits are socialised and funnelled directly into the pockets of the thieving kleptocrats.

Mainstreet and the Productive Economy Languishes

Meanwhile the bottom 50% of the population’s share of financial assets shrinks in spite of the trillions of dollars of stimulus flooding the economy.

Charles Hugh Smith has just written an excellent article pointing out how these “recession proofing” machinations by the criminal Fed have once again robbed Main Street and made a monster recession a mathematical certainty – his chart here is a real eye-opener – a reminder that everything the ‘Creature from Jekyll Island’ turns its hand to is a rich man’s trick.

The bottom 50% cohorts share of the financial assets gained a minuscule 0.2%, whilst the kleptocrats pocketed around $10 trillion.


The Two Economies

#1 Is the real and productive economy that generates genuine wealth but is penalised because it carries the vast majority of the tax burden.

#2 Is the parasitic casino financial economy that pays negligible taxes with the cartel-style commercial banks diverting multi-billions in interest payments into the hands of their oligarch owners.

This is the very foundation of the network that orchestrates the forever wars which are now hybrid techno/military in nature, in which the global private banking industry finances both sides of all of these conflicts.

The billions of interest payments that get sucked out of Western domestic economies go straight into their coffers. This same network brought us the COVID war as well. They have literally trillions of dollars at their disposal to finance ever more innovative ways of killing and thieving from Main Street.

A MINUSCULE 0.25% FTT – replacing all other taxes and funding Basic Income, Earned Income Credits, Healthcare, child care credits, free college and higher education – it sounds too good to be true doesn’t it – where on earth will this money come from?

The fact is that there is a monumental disparity between the material and monetary economies with the size of the material economy being roughly the size of the GDP, which in the U$ example in 2020 was $25.6 trillion.

However as the illustration shows, in the year 2020 the total payments were $7,625 trillion or $7.625 quadrillion!

Even though many payments like commodity trading, various options, cryptocurrency trades and EFFs have been left out, the monetary economy is still ~350x the material economy. The US GDP only represents ~0.33% of the payments made in the total economy.

Being able to see the big picture, makes the solution all the more obvious – payments need to be taxed NOT INCOME.

Basic Income Payments – Eliminating the Welfare Trap

Basic Income monthly payments for 18-69 year olds of $2,000 per month and 70+ year olds of $3,000 per month would be affordable.

The hurdle has always been how to create a basic income structure without increasing taxes. This is the whole point of FTT – the extra tax take would be from the parasitic financial economy, NOT from the productive economy.

Eliminating income tax would immediately give everyone a huge boost in their take-home pay. With the basic income payment each week added in, all wage earners would enjoy increases in disposable income.

In America with their huge income disparity, 90% of the country’s population would significantly improve their living standard.

The welfare trap and the fear of rampant socialism are the overarching concerns of the critics – IOW, how can you have a social welfare system that provides for the genuinely disadvantaged whilst not propagating an institutionalised multigenerational welfare trap?

In existing models, including within New Zealand (NZ) and the U$, when someone gets a job, they usually lose some or all of their existing benefits – as such this disincentives them from finding a job. Basic income models are the polar opposite – they incentivise beneficiaries to work.

The basic income model also encourages new business start-ups by allowing them the wherewithal and the confidence to try to establish a business that they may have always dreamed of.

Earned Income Credits

To encourage beneficiaries to work, earned income credits could be paid when they find a job. Coupled with the basic income payment this could add up to a very liveable income.

Based on Smiths figures, someone earning $15,000 would receive an extra $7,500 in earned income credits, and that bumps up to a total income of $46,500 per year when you add in basic income.

0.25% FTT was Modelled in France back in 2010

The brilliant Simon Thorpe from Toulouse in France ran the models completely independently from Smith in the U$. He came up with the exact same figure of 0.25%. Once again is is clear that in highly financially orientated economies this rate provides far more revenue to the Govt than all the other taxes combined.

In the U$ it is enough revenue to provide universal free basic health care, childcare credits, and free higher education. Within 7 years the U$ could pay off its rapidly spiralling public debt as well.

This model could work in NZ too, and if it was implemented along with Ellen Brown’s PBS (Public Banking Solution) NZ could become the sustainable socioeconomic miracle of the planet within one term of government.


Everyone is a Winner Except for the 0.1% Plutocrats

The most astonishing result that these models uncovered was the fact that all cohorts of Mainstreet benefited enormously – the only ones worse off were the thieves positioned at the apex of the human feed chain.

These were the increases in net income…

  • A couple with no job – $15,000 – $47,880
  • A retired couple – $30,000 – $71,820
  • A couple earning $30,000 with a $100k mortgage – $18,764 – $81,953
  • A couple earning $100,000 with a $300k mortgage – $51,243 – $137,630
  • A couple earning $250,000 with a $500K mortgage – $145,718 – $280,588

But Won’t This Increase in Disposable Income Spell Massive Inflation?

As Smith explains…

“Inflation is always a risk whenever people have additional money to spend, but if the production capacity of the material economy, including that of foreign companies, is sufficient to support the additional spending there will be very little inflation – the key to minimizing inflation is to finance a diverse and robust supply chain.”

Furthermore, this new paradigm would encourage the return of a savings culture, and this would make low-interest rate liquidity available at a local level where moral hazard restraints would once more play a big part in making soundly based loans. Lower interest rates are disinflationary too.

Budget Surpluses Could Be Used to Generate Future Wealth

some examples…

  1. Building up reserves for rainy days and natural disasters
  2. Improving infrastructure
  3. Funding desalinisation projects in countries with water challenges
  4. Funding improvements in manufacturing capacity
  5. Developing new high-tech technologies
  6. Developing new value-added industries so as to maximise existing production
  7. Funding projects that strengthen the nation’s general well-being, including education, health/mental wellbeing, arts and crafts, and cottage industries etc.

Summary

“The marvel of all of human history is the patience with which men and women submit to burdens unnecessarily laid on them by their governments.” – George Washington

BTW, Washington was the first, and sadly the last, independent candidate ever to become POTUS – incidentally, he was successful twice. These massive burdens have remained on the nation’s shoulders now for another 226 years – when on earth will our species ever learn?

Cheers to all
Colin Maxwell

Planned Part III — Banking 2.0

A discussion of the fact that ~97% of the money supply is already digital and created instantly out of thin air by the touch of a button. National and international implications and the financial instruments that could work in this brave new financial world without causing inflation and liquidity squeezes.

This is another reason why BANKING 2.0 needs to be run as a public utility and as the first key step in a transition to the PBS in which all tiers of banking are available as public utilities – this would not preclude privately owned banks, it just means that they would have to compete with the PBS model to remain in business.

Que se passe-t-il en Équateur ?

Quelques jours, après l’évasion d’un des principaux barons de la drogue, en détention depuis 12 ans, les gang de Narcos ont lancé une attaque avec prise d’otage contre certaines institutions et notamment la télévision nationale. Il y a eu de… Lire la suite

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Risques sur les îles Kerguelen et Crozet

Par : STRATPOL

Nos territoires austraux et antarctiques français sont en danger. Nous avons, au nom de l’écologie reine, rendu inaccessible au développement

L’article Risques sur les îles Kerguelen et Crozet est apparu en premier sur STRATPOL.

Russie, le Sacre du Phoenix – découverte “géopoétique”

Par : STRATPOL

Nous sortons cette fois des habituelles analyses géopolitiques, pour vous faire découvrir le pays de Dostoïevski sous un autre angle,

L’article Russie, le Sacre du Phoenix – découverte “géopoétique” est apparu en premier sur STRATPOL.

GUERRE EN UKRAINE VIDÉO N° 32

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Ukraine : « l’étrange défaite », le retour

À l’été 40, après l’effondrement français de mai-juin, l’historien Marc Bloch rédigea un ouvrage saisissant intitulé : « l’étrange défaite ». Dans ce qui se voulait la déposition d’un vaincu devant le tribunal de l’Histoire, il analysait les ressorts de… Continue Reading
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