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Failing Stimulus And The IMF's New 'Multilateral' World Order

Tyler Durden's picture




 

Submitted by Brandon Smith via Alt-Market blog,

My theme for 2015 has been the assertion that this will be a year of shattered illusions; social, political, as well as economic. As I have noted in recent articles, 2014 set the stage for multiple engineered conflicts, including the false conflict between Eastern and Western financial and political powers, as well as the growing conflict between OPEC nations, shale producers, as well as conflicting notions on the security of the dollar's petro-status and the security and stability of the European Union.

Since the derivatives and credit crisis of 2008, central banks have claimed their efforts revolve around intervention against the snowball effect of classical deflationary market trends. The REAL purpose of central bank stimulus actions, however, has been to create an illusory global financial environment in which traditional economic fundamentals are either ignored, or no longer reflect the concrete truths they are meant to convey. That is to say, the international banking cult has NO INTEREST whatsoever in saving the current system, despite the assumptions of many market analysts. They know full well that fiat printing, bond buying, and even manipulation of stocks will not change the nature of the underlying crisis.

Their only goal has been to stave off the visible effects of the crisis until a new system is ready (psychologically justified in the public consciousness) to be put into place. I wrote extensively about the admitted plan for a disastrous “economic reset” benefiting only the global elites in my article 'The Economic End Game Explained'.

We are beginning to see the holes in the veil placed over the eyes of the general populace, most notably in the EU, where the elites are now implementing what I believe to be the final stages of the disruption of European markets.

The prevailing illusion concerning the EU is that it is a “model” for the future the globalists wish to create, and therefore, the assumption is that they would never deliberately allow the transnational union to fail. Unfortunately, people who make this argument do not seem to realize that the EU is NOT a model for the New World Order, it is in fact a mere stepping stone.

The rising propaganda argument voiced by elites in the International Monetary Fund and the Bank For International Settlements, not to mention the ECB, is not that Europe's troubles stem from its ludicrous surrender to a faceless bureaucratic machine. Rather, the argument from the globalists is that Europe is failing because it is not “centralized enough”. Mario Draghi, head of the ECB and member of the board of directors of the BIS, tried to sell the idea that centralization solves everything in an editorial written at the beginning of this year.

“Ultimately, economic convergence among countries cannot be only an entry criterion for monetary union, or a condition that is met some of the time. It has to be a condition that is fulfilled all of the time. And for this reason, to complete monetary union we will ultimately have to deepen our political union further: to lay down its rights and obligations in a renewed institutional order.”

Make no mistake, the rhetoric that will be used by Fabian influenced media pundits and mainstream economic snake-oil salesmen in the coming months will say that the solution to EU instability as well as global instability is a single global governing body over the fiscal life of all nations and peoples. The argument will be that the economic crisis persists because we continue to cling to the “barbaric relic” of national sovereignty.

In the meantime, internationalists are protecting the legitimacy of stimulus actions and banker led policy by diverting attention away from the failure of the central planning methodology.

Mario Draghi has recently announced the institution of Europe's own QE bond buying program, only months after Japan initiated yet another stimulus measure of its own, and only months after the Federal Reserve ended QE with the finale of the taper.

I would point out that essentially the moment the Fed finalized the taper of QE in the U.S., we immediately began to see a return of stock volatility, as well as the current plunge in oil prices. I think it should now be crystal clear to everyone where stimulus money was really going, as well as what assumptions oblivious daytraders were operating on.

The common claim today is that the QE of Japan and now the ECB are meant to take up the slack left behind in the manipulation of markets by the Fed. I disagree. As I have been saying since the announcement of the taper, stimulus measures have a shelf life, and central banks are not capable of propping up markets for much longer, even if that is their intention (which it is not). Why? Because even though market fundamentals have been obscured by a fog of manipulation, they unquestionably still apply. Real supply and demand will ALWAYS matter – they are like gravity, and we are forced to deal with them eventually.

Beyond available supply, all trade ultimately depend on two things - savings and demand. Without these two things, the economy will inevitably collapse. Central bank stimulus does not generated jobs, it does not generated available credit, it does not generated higher wages, nor does it generated ample savings. Thus, the economic crisis continues unabated and even stock markets are beginning to waver.

As demand collapses due to a lack of strong jobs and savings, it pulls down on the central bank fiat fueled rocket ship like an increase in gravity. The rocket (in this case equities markets and government debt) hits a point of terminal altitude. The banks are forced to pour in even more fiat fuel just to keep the vessel from crashing back to Earth. No matter how much fuel they create, the gravity of crashing demand increases equally in the opposite direction. In the end, the rocket will tumble and disintegrate in a spectacular explosion, filled to capacity with fuel but unable to go anywhere.

Oil markets have expressed this reality in relentless fashion the past few months. Real demand growth in oil has been stagnant for years, yet, because of stimulus, because of the real devaluation of the dollar, and because of market exuberance, prices were unrealistically high in comparison. The crash of oil is a startling sign that the exuberance is over, and something else is taking shape...

The disconnect within banker propaganda could be best summarized by Mario Draghi's recent statements on the ECB's new stimulus measures. When asked if he was concerned about the possibility of European QE triggering currency devaluation and hyperinflation, Draghi had this to say:

“I think the best way to answer to this is have we seen lots of inflation since the QE program started? Have we seen that? And now it's quite a few years that we started. You know, our experience since we have these press conferences goes back to a little more than three years. In these 3 years we've lowered interest rates, I don't know how many times, 4 or 5 times, 6 times maybe. And each times someone was saying, this is going to be terrible expansionary, there will be inflation. Some people voted against lowering interest rates way back at the end of November 2013. We did OMP. We did the LTROs. We did TLTROs. And somehow this runaway inflation hasn't come yet.

 

So the jury is still out, but there must be a statute of limitations. Also for the people who say that there would be inflation, yes When please. Tell me, within what?”

Firstly, if you are using “official” CPI numbers in the U.S. to gauge whether or not there has been inflation, then yes, Draghi's claim appears sound. However, if you use the traditional method (pre-1990's) to calculate CPI rather than the new and incomplete method, inflation over the past few years has stood at around 8%-10%, and most essential goods including most food items have risen in price by 30% or more, far above the official 0%-1% numbers presented by the Bureau of Labor Statistics.

But beyond real inflation numbers I find a very humorous truth within Draghi's rather disingenuous statement; yes, QE has not yet produced hyperinflation in the U.S. (primarily because the untold trillions in fiat created still sit idle in the coffers of international banks rather than circulating freely), however, what HAS stimulus actually accomplished if not inflation? Certainly not any semblance of economic recovery.

Look at it this way; I could also claim that if international bankers lined up on a stage at Davos and danced the funky-chicken, hyperinflation would probably not result. But what is the point of dancing the funky chicken, and really, what is the point of QE? Stimulus clearly has about as much positive effect on the economy as jerking around rhythmically in tight polypropylene disco pants.

Japan and the ECB are in fact launching sizable stimulus measures exactly because the QE of the Federal Reserve achieved ABSOLUTELY NOTHING except the purchase of 5-6 years without total collapse (only gradual collapse). And what is the real cost/benefit ratio of that purchase of half a decade of fiscal purgatory? When the breakdown of debt and forex markets does occur, it will be a hundred times worse than if the Fed had done nothing at all. Which brings me to our current state of affairs in 2015, and the IMF plan to take advantage...

IMF head Christine Lagarde put out a press release this past week, one which was probably drafted for her by a team of ghouls at the BIS, mentioning the formation of what she called the “New Multilateralism”.

Lagarde begins with the same old song about accommodative monetary policy:

“Besides structural reforms, building new momentum will require pulling all possible levers that can support global demand. Accommodative monetary policy will remain essential for as long as growth remains anemic – though we must pay careful attention to potential spillovers. Fiscal policy should be focused on promoting growth and creating jobs, while maintaining medium-term credibility.”

Of course, as we have already established, monetary policy does nothing to inspire demand. So, what is a global syndicate of bankers to do? Promote maximum interdependency! Lagarde laments the impediments of the sovereign attitude:

“No economy is an island; indeed, the global economy is more integrated than ever before. Consider this: Fifty years ago, emerging markets and developing economies accounted for about a quarter of world GDP. Today, they generate half of global income, a share that will continue to rise.

 

But sovereign states are no longer the only actors on the scene. A global network of new stakeholders has emerged, including NGOs and citizen activists – often empowered by social media. This new reality demands a new response. We will need to update, adapt, and deepen our methods of working together.”

And here we have a more subtle insinuation of the planning and programming I have been warning about for years. Because national sovereignty is no longer “practical” in an economically interdependent world (a world forced into economic interdependency by the globalists themselves), we must now change our way of thinking to support a more globalist framework.

The first big lie is that interdependency is a natural economic state. Historically, economies are more likely to survive and thrive the LESS dependent they are on outside factors. Independent, self contained, self sustaining, decentralized economies are the natural and preferable cultural path. Multilateralism (centralization) is completely contrary and destructive to this natural state, as we have already witnessed in the kind of panic which ensues across the globe when even one small nation, like Switzerland, decides to break from the accepted pattern of interdependency.

Also, take note of Lagarde's reference to the growing role that developing nations (BRICS) are playing in this interdependent globalized mish-mash. As I have been warning, the IMF and the international banks fully intend to bring the BRICS further into the fold of the “new multilateralism”, and the supposed conflict between the East and the West is a ridiculous farce designed only as theater for the masses.

Lagarde reiterates the IMF push for inclusion of the BRICS (new networks of influence) into the new system, as well as the IMF's role as the arbiter of global governance:

“This can be done by building on effective institutions of cooperation that already exist. Institutions like the IMF should be made even more representative in light of the dynamic shifts taking place in the global economy. The new networks of influence should be embraced and given space in the twenty-first century architecture of global governance. This is what I have called the “new multilateralism.” I believe it is the only way to address the challenges that the global community faces.”

The IMF head finishes with my favorite line, one which should tell you all you need to know about what is about to happen in 2015. I have for some time been following the progress (or lack of progress) in the IMF reforms presented in 2010; reforms which the U.S. Congress has refused to pass. Why? I believe the reforms remain dormant because the U.S. is MEANT to lose its veto powers within the IMF, and the IMF has already made clear that lack of passage will result in just that.

“Against this backdrop, the adoption of the IMF reforms by the United States Congress would send a long-overdue signal to rapidly growing emerging economies that the world counts on their voices, and their resources, to find global solutions to global problems.

 

Growth, trade, development, and climate change: 2015 will be a rendezvous of important multilateral initiatives. We cannot afford to see them fail. Let us make the right choices.”

Why remove U.S. veto power? Because BRICS nations like China are about to be given far more inclusion in the IMF's multilateralist order. In fact, 2015 is the year in which the IMF's Special Drawing Rights conference is set to commence, with initial discussions in May, and international meetings in October. I believe U.S. veto power will probably be removed by May, making the way clear (creating the rationale) for the marginalization of the U.S. dollar in favor of the SDR basket currency system, soon to be boosted by China's induction.

In 2015 what we really have is a sprint towards currency and market devaluation across the spectrum. India, Japan, Russia, Europe, parts of South America, have all been debased monetarily. The U.S. has as well, most Americans just don't know it yet. The value of this for globalists is far reaching. They have at a basic level created an atmosphere of lowered economic expectations – a global reduction in living standards which will at bottom lead to third world status for everyone. The elites hope that this will be enough to condition the public to support centralized financial control as the only option for survival.

It is hard to say what kind of Black Swans and false flags will be conjured in the meantime, but I highly doubt the shift towards the SDR will take place without considerable geopolitical turmoil. The public will require some sizable scapegoats for the kind of pain they will feel as the banks attempt to place the global economy in a totalitarian choke hold. While certain institutions may be held up as sacrificial lambs (including possibly the Federal Reserve itself), the concept of banker governance will be promoted as the best and only solution, despite the undeniable reality that the world would be a far better place if such men and their structures of influence were to be wiped off the face of the planet entirely.

 

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Tue, 01/27/2015 - 23:52 | 5714437 shiftless
shiftless's picture

<--- the economy will improve in 2015

<--- long fallout shelters

Wed, 01/28/2015 - 00:14 | 5714507 Newsboy
Newsboy's picture

Petro-Gold Rubles, anyone?

Wed, 01/28/2015 - 00:36 | 5714573 Buckaroo Banzai
Buckaroo Banzai's picture

Two things happen in October 2015:

1) CROMNIBUS expires and the Federal budget finally has to be dealt with by Republican-controlled congress. They finally have to take ownership of the debt bomb.

2) October 1st is a major turning point DOWN in Martin Armstrong's Economic Confidence cycle model, marking the peak of the 35+ year bond bubble, and touching off the global debt repudiation avalanche.

 

Wed, 01/28/2015 - 00:52 | 5714618 NidStyles
NidStyles's picture

The month before is the Jewish New Year, when things happen every 7 years apparently. :-)

 

I have no idea how valid all of that is, I'm too young and too Sephardic to know about any of that Rabbinical nonsense.

Wed, 01/28/2015 - 02:25 | 5714769 philipat
philipat's picture

Martin Armstrong? I do vaguely recall the name from the dyas when some used to take him seriously.....

Wed, 01/28/2015 - 02:38 | 5714782 TruxtonSpangler
TruxtonSpangler's picture

The IMF is powerless

Wed, 01/28/2015 - 06:02 | 5714991 Keyser
Keyser's picture

Long Guillotines...

 

Wed, 01/28/2015 - 23:08 | 5718694 weburke
weburke's picture

So it will be the dollar then. sdr is a double cross pipe dream false hope meant to win the cooperation of nations as they become more caught in the gravity and move closer to the black hole of the fourth world. lovely. 

Wed, 01/28/2015 - 02:55 | 5714804 NidStyles
NidStyles's picture

Not sure I have any idea who that is.

 

Google doesn't clue me in on any secrets either. Afraid you've lost me on that one.

Wed, 01/28/2015 - 01:00 | 5714617 ZerOhead
ZerOhead's picture

< The West vs. Russia standoff is real

< We are witnessing the biggest con since 9/11

Wed, 01/28/2015 - 01:49 | 5714718 runningman18
runningman18's picture

Putin is friends with Kissinger, and promotes the SDR.  Standoff is completely fake.

Wed, 01/28/2015 - 01:59 | 5714725 ZerOhead
ZerOhead's picture

I hear you but Kissinger isn't really running the show anymore. Lately he seems to be running away from the show. If this is actually fake then it's greatest mind-fuck of all time.

Anyway we'll know for sure if Hunter Biden gets shot by the separatists while defending his new gas fields...

Wed, 01/28/2015 - 02:12 | 5714751 El Vaquero
El Vaquero's picture

Something tells me that 'ole Hunter is going to find out that those gas fields don't have as much economically recoverable gas as originally thought.

Wed, 01/28/2015 - 02:13 | 5714756 runningman18
runningman18's picture

The money powers pulled the same thing between the Nazis and the Russians, a completely fabricated standoff in which they funded both sides.  It's crazy to me that people are so quick to believe they wouldn't do the same thing again between the East and the West.  I'll take bets right now that Putin will bend over for the IMF whenever they tell him to.  Russia will become a slave to the SDR just like China and every other controlled country. 

Wed, 01/28/2015 - 05:04 | 5714919 medium giraffe
medium giraffe's picture

Mr P seems awful chummy with Mr Blankfein & co.  Just saying.....

 

(It's all bullshit.  It's always all bullshit.  Humans are liars.  The system is built on lies.  And when all the little fishes are made to swim in the same direction, guess what?!  Just like I told you Ebola hype was all bullshit and got downvoted to oblivion.  Lol, dumbasses, when will you learn?)

Wed, 01/28/2015 - 10:02 | 5715401 zorba THE GREEK
zorba THE GREEK's picture

I'm going to need a larger tin-foil hat.

Wed, 01/28/2015 - 00:07 | 5714482 Carpenter1
Carpenter1's picture

CB'S take the fall, play the scapegoat role.

BIS says problem is not enough centralization.

IMF agrees.

 

One bank, one currency, one world.

 

Fuck me I want out of this shitstorm.

Wed, 01/28/2015 - 00:16 | 5714511 Four chan
Four chan's picture

lol that about sums it up, a rothschild circle jerk. trilateral failure forthcoming.

Wed, 01/28/2015 - 00:26 | 5714539 disabledvet
disabledvet's picture

Rothschild's and trilateral ain't got nothin on the IMF.

 

Just ask the South Koreans.

 

The put the A in Austerity and believe me when I tell you they can walk right in and run your country "like you are a bystander."

 

If Greece is on their hit list that aint good.

 

Same goes for Venezuela.

 

"They'll squeeze every last olive outta ya."

Wed, 01/28/2015 - 05:11 | 5714954 medium giraffe
medium giraffe's picture

I feel a bit sorry for the trilaterals.  Reading their 2009 report, they had such high hopes for Obama's leadership qualities.  I guess we're witnessing Plan B then.

Wed, 01/28/2015 - 00:41 | 5714583 Four chan
Four chan's picture

derp

Wed, 01/28/2015 - 12:13 | 5715965 jaxville
jaxville's picture

  This story has a silver lining and a golden exit.

Wed, 01/28/2015 - 00:32 | 5714553 Atomizer
Atomizer's picture

Michelle Obama navigates limits on women in Saudi Arabia. Wishes to pull picnic table Saudi wardrobe to advance children school lunch programs in the States.

http://www.americanthinker.com/blog/2014/12/michelle_obamas_school_lunch_disaster.html

/LOL

 

Unrelated and related at the same time.... UNICEF must kick in, while Michelle scoots her ass all over the Saudi Palace carpet.

Wed, 01/28/2015 - 00:37 | 5714566 LukeCV
LukeCV's picture

MASTERPIECE

Wed, 01/28/2015 - 00:37 | 5714568 LukeCV
LukeCV's picture

MASTERPIECE

Wed, 01/28/2015 - 00:37 | 5714569 LukeCV
LukeCV's picture

MASTERPIECE

Wed, 01/28/2015 - 00:44 | 5714571 Atomizer
Atomizer's picture

.. double post. Could someone hand me a SDR [Climate recycled] paper tissue roll to wipe my ass?

Wed, 01/28/2015 - 12:14 | 5715978 jaxville
jaxville's picture

Paper money doesn't even make good toilet paper.  The intaglio printing makes it very rough on your poop chute.

Wed, 01/28/2015 - 00:40 | 5714584 YouThePeople
YouThePeople's picture

They pollute and dilute anything that is meaningful. The only way to win is not to play. They are beginning to eat their own. Bye Bye, Bye Bye...So Long, So Long.

Wed, 01/28/2015 - 00:41 | 5714586 Gab Timov
Gab Timov's picture

If I'm on ZH cheering on the downfall of the bankist system, am I playing right into the IMF's hands by speeding the process along? How deep does the IMF orchestration go?

So basically, the IMF wants to collapse all sovereign currencies, so they can implement one world bankist currency/government. Ok, I'll buy that.

I will even buy that they are orchestrating as best they can geopolitical tensions through investing in media and whatever other industries fit into their agenda. Planned collapses and staged media soundbytes. ok.

But how are they going to control the mind of each individual 24/7 moving forward? Implants? You gotta get the implant if you want the updates.

 

 

Wed, 01/28/2015 - 00:48 | 5714611 Atomizer
Atomizer's picture

IMF needs new collective loan membership imbeciles to keep the fund liquid.

Wed, 01/28/2015 - 00:55 | 5714628 El Vaquero
El Vaquero's picture

The problem is, if they break it too hard, they break supply chains, which are going to break anyway.  If supply chains stay broken long enough, they aren't coming back, and the IMF, BIS, EU, US, NWO, etc... are finished.  These fucks understand paper pushing.  They do not understand those things which they cannot print, though they do covet them.  All that we need to do is to outlast them and their dreams of controlling the global economy will fall apart, though they may not give us the choice of outlasting them.

Wed, 01/28/2015 - 01:47 | 5714710 ZerOhead
ZerOhead's picture

Best estimate is that you've got around 3 weeks before it becomes almost impossible to re-establish and that's if everyone remains calm.

If the banking system goes down nothing moves between countries in a globalized world and everything begins to quietly stop. I am going to miss all those fresh fruits and veggies during the winter most...

Wed, 01/28/2015 - 09:24 | 5715281 BeansMcGreens
BeansMcGreens's picture

Thanks for that link.

I'm collecting Native American heirloom seed and growing them here in North Carolina. Don't know how they would do around the Shiprock area, but I grow a lot from this company, always very good gemination. The free catalog is interesting.

http://www.southernexposure.com/

Wed, 01/28/2015 - 11:42 | 5715810 El Vaquero
El Vaquero's picture

I've not grown any of the watermelons from nativeseeds, but the muskmelons that I've grown will not taste very good if you water them too much.  By too much, I mean that, in a wet year in NC, there might be too much rain for them and they'll be bland or bitter or they'll split.  I might water muskmelons once a week here if it is dry and they are in full sun. 

Wed, 01/28/2015 - 11:20 | 5715715 PTR
PTR's picture

Know what you could do domestically (and locally?) Make toothbrushes.

 

If I could scrape together the capital and somehow secure overseas transportation, I'd make toothbrushes.  Low material costs, everyones gonna buy them.  When you consider the cost to buy and import them from Asia in bulk ($.02-.05 each,) why not make them yourself?

 

Wed, 01/28/2015 - 09:38 | 5715317 petolo
petolo's picture

i , for one, will fight these liberty devouring parasites till my last breath.......in the spirit of Ned Ludd. The best escape from this nightmare is to wake up.

Wed, 01/28/2015 - 06:39 | 5715015 durablefaith
durablefaith's picture

"But how are they going to control the mind of each individual 24/7 moving forward?"

Brandon points out that their real (ADMITTED) goal is to break the linkages to fundamentals, but even that is a tactical goal. Their over-arching ADMITTED goal is for Oligarchs to come out of the shadows and rule in the open while bringing the ratio of oligarchs to serfs much lower, ie. population control.

So first they spread their shiny entertainment devices far and wide, then they get everyone socially connected, then they flag individuals in their giant database so they know who the independent thinkers are (redux project: let a hundred flowers bloom) and those are targeted for er uh removal from the collective consciousness during the "chaos" of the reboot.

Their plan is that following the reboot, all the land and kids and women and guns and bio weapons and media and money and communication platforms will belong to them. No pesky pretend rule of law, no restraints, no competition. the golden age for the elite will have arrived and all the loyal sell outs who helped them get there will finally get (right...) their mansion and their stack of virgins.

References:

The hope of the wicked
The unseen hand
Albert Pike
David Rockefeller quotes
Bill Gate quotes
Agenda 21

Wed, 01/28/2015 - 11:24 | 5715742 PTR
PTR's picture

""But how are they going to control the mind of each individual 24/7 moving forward?"

 

Fear. 

Wed, 01/28/2015 - 12:22 | 5716002 jaxville
jaxville's picture

The IMF would need a few members to mop up any gold that may fall into the wrong hands...like ours,  If they collapse most currencies, too many will not want to participate in their new scheme.  The golden rule will be asserted.

  The scary part of that will be watching desperate Westerners who thought they were wealthy in a panic to secure specie.  They will be far more dangerous than gov't goons or the starving welfare class.

 

  I know this crap has been going on for many years but they and the banks are not omnipotent.  There are very real limits to what they can do.

Wed, 01/28/2015 - 01:03 | 5714643 YHC-FTSE
YHC-FTSE's picture

You do know that the last person to suggest IMF reforms, specifically to remove the US veto power (Look up drawing rights and voting power in the IMF and you will see that the US/Fed runs the IMF and always has done) and include more countries/commodities in the SDR, well that person ended up with his pants down at a Sofitel in NY?

If they are going to transfer the reserve status from the USD to the SDR, they would make sure the same sociopaths still held the reins. That is not going to happen in a multilateral environment, so I would expect lots of friction against implementation. Besides, right now the only things propping up the USD are the morons with hysteria all over the globe who believe it is a safe haven, and the countries without any choice but to import energy and food with USD. The moment it loses reserve status, a quadrillion dollar GDP built on flim flam and financial instruments won't save it from looking like Zimbabwe's poor cousin. (Hyperbole obviously for effect, but not far from what may happen).

Wed, 01/28/2015 - 05:13 | 5714959 medium giraffe
medium giraffe's picture

I think I know the chap you mean.  The one who was quietly found not guilty after all the damage had already been done, right?  lol

Wed, 01/28/2015 - 12:30 | 5716048 jaxville
jaxville's picture

Yeah....The same guy who got caught stealing students insurance funds when he worked for the French government.  A waste of skin.

Wed, 01/28/2015 - 01:34 | 5714693 dag
dag's picture

Renminbi joins top five most-used currencies

"At the end of this year, the IMF will carry out a review of its Special Drawing Rights system, which could lead to the renminbi being declared an official reserve currency."

http://www.ft.com/intl/cms/s/0/6b8441f0-a69c-11e4-89e5-00144feab7de.html...

Wed, 01/28/2015 - 01:37 | 5714697 Uber Vandal
Uber Vandal's picture

The Baltic Dry Index (BDI), which only seems to matter when it goes up, is at a 52 week low of 688, and is now only 41 points away from its all time low of 647.

http://www.bloomberg.com/quote/BDIY:IND

 

 

Wed, 01/28/2015 - 02:04 | 5714741 Runs-With_Toast
Runs-With_Toast's picture

Will assassins rise up to kill these filth?

Wed, 01/28/2015 - 02:40 | 5714783 SillySalesmanQu...
SillySalesmanQuestion's picture

Aye, as sure as the Colonists got fed up with ''Ol King George".

Wed, 01/28/2015 - 02:35 | 5714778 Batman11
Batman11's picture

Luckily for the rest of us the new world order has some fatal flaws.

Fatal Flaw 1
The US likes the idea of the new world order when it runs the show.
China and Russia are never going to let this happen.

Fatal Flaw 2
Bankers have a key role to play and they are incompetent, delusional psychopaths who think they are "Masters of the Universe".
Investment bankers demonstrated their incompetence in 2008.
An under-regulated Wall Street always crashes and burns (1929/2008) leading to global recession.
Central Bankers have demonstrated since 1999, the tools they have available don't get economies going again, they just blow bubbles. Like the US housing market which then burst leading to 2008.

Fatal Flaw 3
The EU and Euro are stepping stones on the road to global Government and a global currency.
It is never going to work, just look at the Euro shambles.

Fatal Flaw 4
Elites think they like the idea of the new world order with the world under their thumb.
But national elites have forgotten the power they wield operates only at a national level.
They all have put in place mechanisms to control their national Governments which will fall away with a global Government.
eg Wall Street funding US campaign contributions to control US politicians. This stops working for a global Government.
They all imagine they will run the show when this is clearly impossible due to the conflicting nature of them all following their own self-interest.

Don't worry, it ain't ever going to happen.

 

 

Wed, 01/28/2015 - 03:49 | 5714852 runningman18
runningman18's picture

U.S. doesn't run the show.  Never did.  Our government is nothing but a puppet appendage of the global banks.  No one country has any advantage in the NWO, the plan is to bring them all down to the third world.

Wed, 01/28/2015 - 05:06 | 5714948 Batman11
Batman11's picture

True.

Lincoln proposed to take money creation away from banks and was assassinated.

Bismark made this prophetic statement: 

“The death of Lincoln was a disaster for Christendom. There was no man in the United States great enough to wear his boots and the bankers went anew to grab the riches. I fear that foreign bankers with their craftiness and tortuous tricks will entirely control the exuberant riches of America and use it to systematically corrupt civilization.” Otto von Bismark (1815-1898), German Chancellor, after the Lincoln assassination.

 

Wed, 01/28/2015 - 06:50 | 5715021 durablefaith
durablefaith's picture

The tyrant lincoln trashed the constitution, the checks and balances between states and feds, and then salted the fields of the south. He is no hero.

And Christendom seems to have been but a useful tool to consolidate power for the bankers just like capitalism. The gods have decided that it is time for a different tool to enhance their power and a different power base so gold is going east and they are importing islam into the ussa to prevent a resistance grounded in solidarity of shared values in the heartland.

Keep in mind, Jesus's message does not resemble christendom at all. His was a message of contra mundum, against the world. So his teachings must be discredit (as being hate crimes) and his (contra mundum) followers must be eradicated. This is already happening in middeast and africa and US dollars and US weapons are enabling it. 

When those chickens come home to roost its gonna be quite a shock to those loyal christendom kool aid sipping USSA flag waving kumbya singing folks sending their kids to fight to defeat terrorism around the globe...

 

Wed, 01/28/2015 - 05:55 | 5714987 the not so migh...
Wed, 01/28/2015 - 06:31 | 5715011 Firewood
Firewood's picture

 

 

http://www.alt-market.com/articles/2491-failing-stimulus-and-the-imfs-ne...

 

 

Illusory BRICS of the so-called dichotomy?
written by Rev Dow Jones , January 28, 2015

"Also, take note of Lagarde's reference to the growing role that developing nations (BRICS) are playing in this interdependent globalized mish-mash. As I have been warning, the IMF and the international banks fully intend to bring the BRICS further into the fold of the “new multilateralism”, and the supposed conflict between the East and the West is a ridiculous farce designed only as theater for the masses."

 

This idea has been making the rounds with several authors from CIA front man Jim Rickards to JC Collins (link below) who has written profusely on the subject. Please explain how it is that Russia is to be cowed, despite the rabid demonization, and brought into the herd of nations, washed and milked by the elite banksters in light of the ongoing and very real daily slaughter in Novorossiya. At some point is Mr Putin to be regime changed and a willing Western owned oligarch to assume the Russian throne and kneel before the lines of Red Shield technocrats running the orb for the deep global state?

 

Personally I don't buy it. Why would China and Russia sign on to a basket case "basket of BIS approved currencies" where the hen house is still being run by the same pack of psychopathic greedy wolves that have looted the planet, waged war without end and have shown above all that they are incompetent, corrupt and evil and entirely incapable of carrying out their nefarious scheme without the tacit submission of said BRICS nations?

 

 

 

http://philosophyofmetrics.com/2014/12/17/the-sdr-purpose-of-brics/

 

Wed, 01/28/2015 - 06:56 | 5715026 durablefaith
durablefaith's picture

"Why would China and Russia sign on to a basket case "basket of BIS approved currencies" where the hen house is still being run by the same pack of psychopathic greedy wolves that have looted the planet, waged war without end and have shown above all that they are incompetent, corrupt and evil and entirely incapable of carrying out their nefarious scheme without the tacit submission of said BRICS nations?"

Your question is the answer grasshopper.

Russia is greatest oil producer. China is greatest rare earth metal producer. Commodity based basket will serve them just fine. And they'll be happy to participate so long as the US is brought lower as a pre-condition. These agreements are not something to be gained. They have been in place a long time and we in the implementation phase, along with some theatre for the masses to facilitate changing expecations.

Tactical plan:

- crush price of Gold so russia can pile it up in advance of reset (check)
- discredit USSA on the global stage so noone will cry for her demise (check)
- blow an economic credit bubble so big that a globally coordinated rescue will be required to restart (in-progress)

 

Wed, 01/28/2015 - 08:31 | 5715137 bunnyswanson
bunnyswanson's picture

BRICS are members of Agenda 21.  Iran is as well.  http://agenda21news.com/2014/10/target-date-americas-depopulation-set/ 

To think this is all theatre to recreate the landscape sends chills down my spine.

Wed, 01/28/2015 - 07:47 | 5715060 Cloud9.5
Cloud9.5's picture

The Club of Rome assertion that we would reach the end of growth has arrived. The cheap coal that built the 19th century and the cheap oil that built the 20th  century fostered an exponential growth in population, complexity and consumption that is falling apart.  We are in the age of contraction.  The rush for centralization has reversed.  Look at Detroit.  Look at Greece.   The periphery is crumbling.  The center will not hold.  Plan accordingly

Wed, 01/28/2015 - 08:01 | 5715079 bunnyswanson
bunnyswanson's picture

The masses are being defined as workers who mine and business grows up around the mine sites until they go dry and pull out, leaving the main income lost to the trickle down theory.

But it does not have to be that way.  Existing requires essentials and if everyone on earth were purchasing essentials, the jobs would be available (factories, warehouses, shipping, etc).

https://www.youtube.com/watch?v=eyjOq4hA62E  Karen Hudes last video.  I feel like she is trying to tell us something between the lines.  Someone said that what she is describing is the new world order, only a refined version, more palatable, a rescue boat that we should applaud.  I do not know what to think about her yet.  I just hope she has good intentions.

Wed, 01/28/2015 - 07:55 | 5715072 overmedicatedun...
overmedicatedundersexed's picture

clearly the problem is not enough Central Control. tech is the weapon that supports central control.

freedom is a word only - no one knows it's meaning yet most call for freedom ..and want .gov to give it to them lets all march for .gov to give us our freedom..demand the state give it to us.

If you act as a free person: prepare: they will call you at best, stupid, nuts and insane, at worst a terrorist and enemy of the state.

a free man sold loosies to other free men - the state killed him for it.

Wed, 01/28/2015 - 09:02 | 5715150 falak pema
falak pema's picture

After Lady Lagarde's iconic remark : King Abdullah was a discrete supporter of saudi female rights, --and Michelle Ob gets snubbed by successor for not being "head bound" --

we can be sure that Cruella of IMF wil have a new way of tying the garrot around the Greeks' necks in debt slavery; even if they refuse to talk to her.

Basket case of the coming rebellion against an institution who only sells financial straight jackets at an exorbitant price to a gullible or servile political class for use on its own population.

This lady will go down in history as having said to Sarko : Use me the way you want to, I'm there to serve you. 

Submission to total Oligarchy will has been her hallmark from day 1.

Yes, when thieves fall out and the Oligarchy model goes topsy turvy, Cruella loses her perch on her high stool.

Wed, 01/28/2015 - 08:56 | 5715203 AynRandFan
AynRandFan's picture

Really well-written article, though I can't see how the IMF or anyone else could force adoption of a central world government and abandonment of the USD as the reserve currency.

It seems everyone has gone nuts about an anti-capitalistic model, where government creates wealth and makes sure we have equal economic outcomes. From the Bernie Sanders to the European elite, and many people even in America, the way to a better world is through a redistributive, militarized central government. It doesn't work, however, it has never worked, and I can hardly believe how stupid humanity really is.

Wed, 01/28/2015 - 10:34 | 5715540 DonGenaro
DonGenaro's picture

those "potential spillovers" may be carrying ropes

Wed, 01/28/2015 - 13:05 | 5716232 sam site
sam site's picture

 

As usual Brandon you completely avoid discussing gold & silver's role in the attempt by the IMF to replace the fiat global dollar with another fiat global currency called the SDR.

Do you really believe the IMF is going to be allowed to impose their own paper fiat global currency after all the gold and silver that has been accumulated by the BRICS. 

Gold and silver don't mix well with fiat paper currencies like the SDR. 

It's going to be one or the other.  History has shown that even partial 40% gold backing as in 1914 doesn't work because if one can print or cheat - they will.

Mike Maloney's Seven Stages of Empire describes how every fiat currency loses confidence from counterfeiting in stage seven and returns to stage one of genuine gold & silver backed money. 

It's happened over 400 times in histroy.  Economies returned to what has worked in the past and that excludes another worthless paper fiat currency. 

Cheaters never prosper in the long run and the bad juju karma is building against this hidden criminal cabal, using their Jesuit, Masonic and Zionist agents, that have been controlling us all since the disasterous Fed Act of 1913.

see Eric Jon Phelps - Vatican Assassins, Jesuit Order, Knights of Malta for a real eye opener.

https://www.youtube.com/watch?v=_F31TmQ9GwU

 

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