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The Global Economic Reset Has Begun

Tyler Durden's picture




 

Submitted by Brandon Smith via Alt-Market.com,

In my last article, I outlined the deliberately engineered trend toward the forced “harmonization” of national economies and monetary policies, as well as the ultimate end goal of globalists: a single world currency system controlled by the International Monetary Fund and, by extension, global governance, which internationalists sometimes refer to in their more honest public moments as the “new world order.”

The schematic for the new world order, according to the admissions of the internationalists, cannot possibly include the continued existence of U.S. geopolitical and economic dominance. The plan, in fact, requires the destabilization and reformation of America into a shell of its former glory. The most important element of this plan demands the removal of the U.S. dollar as the de facto world reserve currency, a change that would devastate our current financial structure.

I outlined with undeniable evidence the reality that major governments, including the BRICS governments of the East, are fully on board with the globalist agenda. There is no way around it; the BRICS, including Russia and China, have openly called for a global monetary system centralized and dictated by the IMF using the SDR basket. This same plan was outlined decades ago in the Rothschild-owned magazine The Economist. We are witnessing that plan being implemented in front of our very eyes today.

For the past couple of years, the current head of the IMF, Christine Lagarde, has used the phrase “global economic reset” often in her speeches and interviews. There is some (deliberate) ambiguity to this notion, but after sitting through hours upon hours of her most boring and repetitive discussions in globalist think tanks such as the Council On Foreign Relations, the consistent message is pretty straightforward. If anyone can stand to listen to this woman's carefully crafted prattle and well-vetted half-truths for more than five minutes, I suggest they watch this particular speech given in January at the CFR:

Her message on the global economic reset is essentially this: “Collective” cooperation will not just be encouraged in the new order, it will be required — meaning, the collective cooperation of all nations toward the same geopolitical and economic framework. If this is not accomplished, great fiscal pain will be felt and “spillover” will result. Translation: Due to the forced interdependency of globalism, crisis in one country could cause a domino effect of crisis in other countries; therefore, all countries and their economic behavior must be managed by a central authority to prevent blundering governments or "rogue central banks" from upsetting the balance.

It’s interesting how the IMF’s answer to the failings of globalization is MORE globalization. In other words, Lagarde would argue that while we are in the midst of an international system, we are not centralized enough for such a system to succeed.

The IMF points out correctly that the economic situation around the world is not stable and could revert once again to the chaos of the initial 2008 crash. The Bank for International Settlements, the primary hub of central bank control, has also given numerous warnings this year on the potential for disaster, including in its latest quarterly report.

The warnings of the BIS in particular should not be taken lightly (some analysts are indeed taking them lightly). The BIS knows exactly when financial disasters will erupt because it wrote the central bank policies that created those same events. For example, in 2007, the BIS released a warning that perfectly predicted the elements of the derivatives and credit crisis in 2008.

What these globalist institutions will not tell you in a direct manner are the real causes and motivations behind the inevitable next stage in the ongoing destruction of the current economic system

The global reset is not a “response” to the process of collapse we are trapped in today. No, the global reset as implemented by central banks and the BIS/IMF are the CAUSE of the collapse. The collapse is a tool, a flamethrower burning a great hole in the forest to make way for the foundations of the globalist Ziggurat to be built. As outlined in my last article, economic disaster serves the interests of elitists.

When you look at these actions by the Federal Reserve and the U.S. government in particular, questions arise. Is it “stupidity” that is causing them to sabotage the golden goose? Is it hubris and greed? Their actions are clearly facilitating a program of incremental implosion, yet they continue to ignore the obvious. Why?

The people who ask these questions are operating on a false assumption; they have assumed that the international bankers and the puppet politicians they control have any interest in protecting the longevity of the U.S. The fact is they do not. They have no loyalty whatsoever to the U.S. system, nor do they see the U.S. as “too big to fail.” This is utter nonsense to globalists. Rather, they see each nation and central bank as a piece in a game, much like chess. Some pieces have to be sacrificed in order to gain a better position on the board. This is all that the U.S., the Federal Reserve and even the dollar are to them: expendable pieces in a larger game.

The U.S. is now experiencing the next stage of the great reset. Two pillars were put in place on top of an already existing pillar by the central banks in order to maintain a semblance of stability after the 2008 crash.  This faux stability appears to have been necessary in order to allow time for the conditioning of the masses towards greater acceptance of globalist initiatives, to ensure the debt slavery of future generations through the taxation of government generated long term debts, and to allow for internationalists to safely position their own assets.  The three pillars are now being systematically removed by the same central bankers. Why? I believe that they are simply ready to carry on with the next stage of the controlled demolition of the American structure as we know it.

Bailouts And QE:  The First Pillar Removed

The bailout bonanza was in part a direct intervention in the deflationary avalanche of the derivatives bubble, but also an indirect intervention in that it changed the psychological dynamics of the markets. As former Fed chairmans Alan Greenspan and Ben Bernanke have both hinted at in interviews and op-eds, one of the primary concerns of the central bank was the psychology behind higher stock prices.

Stock prices could be propped up by the Fed itself through proxy buyers using the printing press. Or the Fed could inject billions, if not trillions, of dollars into banks and allow them to run wild, artificially boosting investment while doing nothing to solve the existing dilemma of negative fundamentals.  Beyond this, the markets began to move on the mere words or edicts of Fed officials as algo-computers and the general investment world placed bets on rhetoric rather than reality; a dynamic which is now ending.

The bailouts also reanimated the cadavers of large corporations and banks, not just in the U.S. but in Europe, giving the illusion of life to the financial system while leaving Main Street to rot. In the meantime, quantitative easing measures provided a way to continue financing U.S. government debt at the expense of generations of taxpayers as numerous primary lenders began to abandon typical long-term bond purchases.

Furthermore, oil markets appear to have been directly inflated by QE intervention. It is important to take note that oil prices remained extraordinarily high despite the continuous fall in global demand UNTIL the moment the Federal Reserve instituted the taper of QE3. Then, prices began to plunge.

In a September 2013 article, I predicted that the Fed, despite all common sense and the claims of banks like Goldman Sachs, would indeed follow through with the taper: a removal of the first pillar levitating the U.S. system.

I was, of course, called crazy at the time for this prediction by some people within the alternative economic community.

“Why in the world” they asked, “would the Fed taper QE when they can simply print to infinity and kick the can down the road perpetually?” Again, these people do not understand that America is under scheduled demolition by the international banks; it is not being protected by them.

The taper occurred in December of that year.

Near Zero Interest Rates:  The Second Pillar Nearly Removed

After the taper of QE, volatility not seen since 2008/2009 returned to the markets. And the public once again was reminded in sporadic moments that the recovery might not be real after all. Europe and Japan quickly stepped in with their own renewed stimulus measures, and Fed officials began using strategic media interviews to “hint” falsely that QE might return. Markets rallied, then fell dramatically, then rallied again, then fell again in a shocking manner. And this volatility has been the trend up until recently, when the question of the end of zero interest rate policy arose.

Again, very few people have ever asked or demanded the Fed end QE or ZIRP. There was never any legitimate public pressure on the fed to remove these pillars. The investment world has been essentially addicted like heroin junkies to assured gains for three years.  The war cry of the investment world has been BTFD! (Buy the f'ing dip) for quite some time; investors have come to expect and demand inevitable central bank intervention and fiat driven stock market rallies.  Yet, the Fed is ending the party anyway.

ZIRP is the only pillar left holding stocks in place. Without zero interest rates, and with even the most minor of .25 basis points added, cost-free overnight lending to banks and corporations will end. They will not be able to afford continued lending on the massive scale seen since 2009/2010. This means no more stock buybacks for dying companies like IBM or General Motors, among others. This means a considerable decline in the markets, declines which we have had a taste of in recent plunges in equities at the mere mention of interest rate increases.

In August in an article entitled 'Economic Crisis Goes Mainstream: What Happen's Next?', I wrote:

"The Federal Reserve push for a rate hike will likely be determined before 2015 is over. Talk of a September increase in interest rates may be a ploy, and a last-minute decision to delay could be on the table. This tactic of edge-of-the-seat meetings and surprise delays was used during the QE taper scenario, which threw a lot of analysts off their guard and caused many to believe that a taper would never happen. Well, it did happen, just as a rate hike will happen, only slightly later than mainstream analysts expect.

 

If a delay occurs, it will be short-lived, triggering a dead cat bounce in stocks, with rates increasing by December as dismal retail sales become undeniable leading into the Christmas season."

You can also read my analysis on the motivations behind a Fed rate hike as well as the theater surrounding their policies.

The cat seems to have finished its bounce and stocks are returning to volatility.  Retail sales so far for Black Friday weekend (including Thanksgiving) have posted a staggering 10% drop with online sales below expectations. Chain Store sales have recently crashed 6.3% week over week.  Plunging freight rates and global shipping indicate a severe lack of global demand and a terrible sales season ahead.  Janet Yellen, ignoring all negative economic signals as predicted, has all but declared a rate hike a given by Dec. 16.

I was, yet again, called crazy for this assertion by some at the time; and to be clear, I could still be wrong. The Fed could pull a fast one and not raise rates, though the rhetoric coming from the fed today almost guarantees they will take action. Not raising rates doesn’t match with their past habits; they seem to be following the timing of the taper model perfectly. The point is, despite common assumptions within the alternative media, the Fed is not “trapped” and can do whatever it wants, including killing the markets if it benefits the greater goal of a global economic authority. With the ZIRP pillar gone, expect even more violent swings in stocks and general uncertainty and panic among day-traders and the public.

U.S. Dollar's World Reserve Status:  The Third Pillar In Progress Of Removal

I’ve been writing about the loss of the dollar’s reserve status since 2008. And as I have always said, the removal of this final pillar is a process, not an overnight affair. The BRICS nations have been positioning themselves for years — China since 2005, the rest of the BRICS since at least 2010.

The delusion that some economic analysts have been under is that the BRICS were strategically vying for power by building their own unified banking institution in “opposition” to the IMF and the West. As I presented in my last article, this has proven to be completely false. They were in fact positioning to take their place as puppets within the new global paradigm taking shape. China has now joined the IMF’s SDR basket (as predicted); and Russia, along with the other BRICS, has openly called for the IMF to take control of the global monetary system.

China’s inclusion, I believe, will hasten the loss of the dollar’s market share of reserve status over the next year, along with other factors. Saudi Arabia has also brought the idea of a depeg from the U.S. dollar into the mainstream discussion. This action, which mainstream economists are calling a possible Black Swan, would end the dollar’s petro-status and result in catastrophe for the U.S. economy. The removal of the final pillar is well underway.

As I have stated in the past, the U.S. system as it stands does not necessarily deserve to survive, but then again, this does not mean that it should be sacrificed in order to breathe life into the monstrosity of global economic governance. Such a trade-off only serves the interests of a select group of elites, with the global reset ending in the mechanized multicultural suicide of sovereignty, leeching prosperity from the rest of us in the name of “collective progress.” Globalists want us to believe there is no other option but their leadership, and they will create any measure of chaos in order to convince us of their necessity.

 

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Thu, 12/10/2015 - 02:21 | 6903096 Otrader
Otrader's picture

"You don't have to live like a financial ref-u-gee!"

Thu, 12/10/2015 - 10:10 | 6903846 Vendetta
Vendetta's picture

Tom's living like a refugee like the rest of us.

Thu, 12/10/2015 - 01:19 | 6902996 cwsuisse
cwsuisse's picture

Interesting article! But can bailouts / Qe and ZIR be considered to be "pillars" of an economy? I think they are not pillars but monstrosities created in attempt to defer system collapse. And monstrosities are not made forever. And can attempts to centralize the financial system work in a world that is politically not united? It seems conceivable but is not a given fact. The Central Banks alreay formed a kind of illegal Uber-government in alliance with IMF and other global organizations in order to save their money creating powers. Their doings have largely disabled the global economic system and are contributing to low growth and mass misery. The people that look very powerful today may look very miserable if their activities are investigated.  Unfortunately their organization work largely beyond the law. But that could be changed if the political will should arise. And the forthcoming events will increase the political way to get rid of the Lagard's of this world. 

Thu, 12/10/2015 - 01:22 | 6903001 atomicwasted
atomicwasted's picture

Thank god I saw this was a Brandon Smith article, so I could just skip the whole thing.

Thu, 12/10/2015 - 01:24 | 6903005 My Days Are Get...
My Days Are Getting Fewer's picture

I listen to all of this twaddle:  Some Globalist is going to this shit to me.

Don't the people with much money already sit in the driver's seat.  How can they benefit more by turning the apple cart upside down.  Won't their businesses and schemes get hurt too.

I would like to read an article which says this:  The following people are globalists - own these businesses; have that wealth; and will profit from the new order in the following ways:

Thu, 12/10/2015 - 04:05 | 6903193 PoasterToaster
PoasterToaster's picture

It's not about having more for yourself, it's about everyone else having less.  You have to understand sociopathic behavior.

Thu, 12/10/2015 - 02:18 | 6903090 GrizzlyLover
GrizzlyLover's picture

Was'nt the IMF just downgraded to only a half global institution for insolvent countries?
The SDR is not even a currency. At best it is a series of paper piles with dead elites engraved on them.

Is the author selling his gold now to get SDRs instead?

Thu, 12/10/2015 - 09:22 | 6903608 lakecity55
lakecity55's picture

I am trying to score some yuans, as I expect them to rise in value vs. the petrodollar.

They may be pieces of paper, but their relative value will go up.

Thu, 12/10/2015 - 03:02 | 6903135 Global Observer
Global Observer's picture

It is amusing to see all these "analysts" hoping that the West somehow retains control over the world. The BRICS are not begging to be slaves in a Western dominated global order nor are they begging the IMF to take charge of the global monetary system. They are setting out to prove to the whole world that the West is incapable of prividing a currency to support global trade, before launching a currency to do the same.

The IMF, as it is currently structured, is not capable of creating SDRs at will to make loans. It can only borrow in the currencies of the basket in order to lend. The SDR is not a currency by any stretch of imagination. Any changes to the IMF charter will take years to be approved.

The only global institution that is capable of issuing its own currency and not dependent on any other institution to do so is the New Development Bank (the BRICS Bank) and it will do so after proving that the West is incapable of the supporting the globalised system it itself built.

The "globalists" are not taking over the world, they are merely allowing the Western economies to collapse to preserve their own control over the West. The rest of the world will do just fine as the West crashes and burns.

Thu, 12/10/2015 - 11:26 | 6904179 Frankly Speaking
Frankly Speaking's picture

The SDR is a joke. 4 of the largest debtor nations trying to prove one is less insolvent than the other. It's a basket all right, of rotten fruit. Now add the Yuan of the worlds largest creditor nation and presto, a fresh bowl of fruit!

I have some " soon to be waterfront " land for sale in Arizona.

Thu, 12/10/2015 - 03:04 | 6903138 captain-nemo
captain-nemo's picture

Environmental issues was once introduced as one of the most important issues in the new world order system. Thus they introduced carbon quotes and a way to price it. There was also a discussion going on at some point whether international dealing with carbon quotes could be used as the new (an only legal) currency in the new world order system.

As part of this concept, oil (and probably gas too) has to go. That’s probably why all the oil nations in the world are pumping oil like there should be no tomorrow. They know that the use of oil in a near future will be illegal , or taxed so hard that it will be too expensive to use.  That’s probably also why we see this drop in oil (and gass) prices too and why nobody are interested in saving all the huge oil businesses and the oil industry. They want it all gone. They also want the old cars using gasoline and diesel gone.

 

In a near future ordinary families will be introduced to carbon quotes. And they will probably have to buy carbon quotes (which will be limited). Today only the industry use carbon quotes. With these quotes, every family will have to decide carefully how they will use it. Buying extra quotes will be expensive, because the total amount that will be allowed sold on the marked every year will be limited and the limit will be decided by the new world order council.  Workers will be compensated with salary in carbon quotes. 

Thu, 12/10/2015 - 03:27 | 6903159 bjax
bjax's picture

I belive if the US collapased, more people would get to live in the world. Their bombing, manipulating, coercing, down right lying ways would be over. Can't see anything wrong with that.

Thu, 12/10/2015 - 09:49 | 6903734 messystateofaffairs
messystateofaffairs's picture

The collapse of the US is the good thing, the rise of something worse than the US is the bad thing. Controlling a global fiat money source is central to that bad thing happening and we all know which group specializes in that con job.

Thu, 12/10/2015 - 10:44 | 6903995 Boubou
Boubou's picture

And to think, some still cling to the notion, us is a force for good in the world. It could have been, but now its ruthless pursuit of hegemony conflicts with the welfare of the species.

Thu, 12/10/2015 - 04:01 | 6903188 forrestdweller
forrestdweller's picture

This is all bullshit and childish nonsense.

There is no small group of people executing a plan for world domination.

it's a proces of wordlwide economic decline, fueled mainly by overpopulation en de deterioration of our environment.

in other words: there is less and less for more and more people, and that means fighting and more and more people losing.

 

Thu, 12/10/2015 - 04:03 | 6903190 PoasterToaster
PoasterToaster's picture

Lies. There's always asshats trying to control everyone else.

Thu, 12/10/2015 - 04:49 | 6903220 kikk
kikk's picture

Of course there is, money and power are desirable and persued by a great many people.

But the thought that they are all colluding with each other to rule the world is utter bollocks

I can't imagine the Queen of England chairing a meeting with Obama, LeGarde, Van Rumpoy, Yellen, Netenyahoo and so many other power corrupted people deciding how best to screw the worlds population.

It's all a Jewish plot.

No, it's the CIA,

Sorry, it's the Fed

I know, it's Obama

Make that Putin.

I'm sure the EU have something to do with it.

Maybe it's the Muslims.

Tell me again how a bunch of people are sat round a table controlling all this. As I said earlier, UTTER BOLLOCKS

Thu, 12/10/2015 - 05:19 | 6903246 PoasterToaster
PoasterToaster's picture

It's called history.  Read it.

Thu, 12/10/2015 - 05:23 | 6903247 Clearity
Clearity's picture

said the kikk(kike) ...

edit: maybe you're sarcastic ;)

Thu, 12/10/2015 - 14:01 | 6905259 gcjohns1971
gcjohns1971's picture

International banking families unquestionably WOULD.

By controlling credit they COULD (if pushing the same consistent result long enough)...and in the case of other large scale long term manipulations through credit, such as libor, and London PM fixed it has been proven that they DID.

Is it conspiratorial and unhinged to think they would do other things in similar vein as those they are known to have done?

 

Thu, 12/10/2015 - 06:58 | 6903326 SMC
SMC's picture

Keep drinking the Kool-Aid.

Thu, 12/10/2015 - 09:40 | 6903692 messystateofaffairs
messystateofaffairs's picture

Keep dwelling in the forest.

Thu, 12/10/2015 - 10:15 | 6903863 Vendetta
Vendetta's picture

Still can't see the forest for the trees huh?

Thu, 12/10/2015 - 04:28 | 6903207 Banjo
Banjo's picture

I think they must keep the illusion of competing governments. A global government will unite all people. No more us V them. It will be peasants V the elites.

Thu, 12/10/2015 - 10:18 | 6903881 Vendetta
Vendetta's picture

they just gotta kill off all the Little Lord Fauntleroy's out there which gives them pleasure.

Thu, 12/10/2015 - 10:39 | 6903976 Boubou
Boubou's picture

That would be good.

Thu, 12/10/2015 - 10:40 | 6903982 Boubou
Boubou's picture

Yes .Look how the united states of europe is playing out.

Thu, 12/10/2015 - 05:09 | 6903239 reinhardt
Thu, 12/10/2015 - 05:37 | 6903262 Jack Oliver
Jack Oliver's picture

It's actually 'Creative Destruction' economics - Alan Greenspan used to talk about it regularly - Of course they are going to 'crash' the economy BUT the first requirement is to control the worlds resources - they are way behind schedule on that and i doubt it is going to happen !

The world population has doubled since 1970 and the Zionist/US is completely devoid of ideas - it will double again by 2060 - THATS what they are afraid if and THAT'S why the keep killing ! The ONLY way we are going to survive as a species is to 'embrace' climate change globally - whether you believe in it or not - it will give us a new direction and create JOBS - Free energy (radiant energy - plasma energy - tidal energy) and intelligent management of the worlds resources especially agriculture is the ONLY way we are going to survive !

Thu, 12/10/2015 - 06:20 | 6903287 Zapporius
Zapporius's picture

"The schematic for the new world order, according to the admissions of the internationalists, cannot possibly include the continued existence of U.S. geopolitical and economic dominance."

 

I for one welcome our globalist overlords.

Thu, 12/10/2015 - 10:38 | 6903970 Boubou
Boubou's picture

Yes. Judging by the results of us leadership, a change is way overdue.

Thu, 12/10/2015 - 11:09 | 6903301 falak pema
falak pema's picture

A new Reality is now visible to all globally :

It will not be a reset via fiat INFLATION to dilute the debt in EM market growth. That was the QE/ZIRP mantra of Krugnomics.

It will be via PRICE DEFLATION. That is the new model. And commodity mayhem is leading the way as NEW economic reality to OBLIGE the PTB (CBs) to change their global design mantra.

The commodity/Oil crisis is now here to stay. And the BRIC EM market growth model is now sputtering to low levels of global growth.

This means the debt (especially in leveraged EM economies is unsustainable, the weakest links in the chain) as real economic growth will be via productivity gains only; aka intensive economic change which will destroy initially jobs; not extensive all sector growth in EM which creates whole spectrum jobs.

In such a scenario those DC countries which import commodities; OIL and metals; will be advantaged, especially if they have highly productive industrial/Services industries. Think Germany for industry and USA for Internet high tech.

But the downside is that the financial sector will have to slim fast; both in bonds as in assets (except for niche hi productivity players).

Companies like Yahoo and maybe GM, IBM will be toast as they do not have hi-productive value added product/market profiles.

Biflation of risk assets (Reaganomics/NWO Supply side asset pump and labour cost dump via global outsourcing) will now veer towards deflation bigtime. The WTO matrix is now being deflated as protectionism will return inspite of TPP and NAFTA/TTIP push by Obama administration; especially as cold war geopolitics now takes center stage!

Tipping times... and WS is now seeing the storm approach, its Fiat Reserve wall is being encroached. Lady Lagarde is totally hamstrung and her model torn apart.

Deflation chimes sounds very 1930s...

Thu, 12/10/2015 - 07:14 | 6903335 ReignDeer
ReignDeer's picture

Maybe it is all by design, huh?

Thu, 12/10/2015 - 07:54 | 6903366 geekz_rule
geekz_rule's picture

best analysis on here in sometime. pretty clear as well. 

Thu, 12/10/2015 - 09:49 | 6903467 dizzyfingers
dizzyfingers's picture

 Debunk falacies, spread truth. There is No Global “Climate Danger” http://icecap.us/index.php/go/joes-blog

This explains much if not all: https://enronnext101.wordpress.com/

 

Thu, 12/10/2015 - 09:18 | 6903586 lakecity55
lakecity55's picture

Everywhere I traveled in the Far East, Central Asia, etc, showed me one thing: Activity.

I became convinced the banksters had or were in the process of moving their operations to these areas.

This article confirms my suspicions.

Thu, 12/10/2015 - 10:21 | 6903898 Vendetta
Vendetta's picture

the activity is what they stole from the US. 

Thu, 12/10/2015 - 11:10 | 6903884 Contrariologist
Contrariologist's picture

The problem, sadly, is that we just cannot and never will be able to really know exactly why and how things happen. Does it matter at all if I stand and scream right now? No. Does it matter at all if I stand and scream right now? Totally.

Both propositions are arguably and logically demonstrable, though they sit in complete opposition. How can this be? Because neither is provable. In other words, every little thing completely matters, and likewise matters not at all. A perfect argument can be formed that who wins the Super Bowl in 2016 will have a direct effect on who wins the presidency in 2032. We can always find threads to tie things together and prove a thesis.

Likewise, a perfect argument can be made that Super Bowl events matter not one whit when it comes to far off political events. So, what does this mean and how does it relate to the article above? Simple. We can't "know" as much as we think we can know. We can only do the best with the info at hand, and if we are wise, admit that in truth, we don't really KNOW the full story on many things at all. Small example: how many of us personally know even one presidential candidate? None of us do. Yet we pretend to know what truly motivates them, which is utter folly.

Thu, 12/10/2015 - 10:47 | 6903933 ClowardPiven2016
ClowardPiven2016's picture

It's frightening to hear her say the CFR and the IMF have a shared mission of peace and prosperity. It's almost like she believes it, despite the empirical evidence that their actions have repressed entire populations and financed conflict. Her scope must be limited to the benefits enjoyed by the bloodsucking parasites who are members of their organizations.

They have been about as effective as the Federal Reserve has with its “dual mandate” of price stability and maximum employment”.

Fun fact...the asshats at the IMF pay no income tax. 

 

Thu, 12/10/2015 - 11:08 | 6904088 Unholy Dalliance
Unholy Dalliance's picture

What a load of twaddle from an (obviously) controlled opposition clown! I spat this tripe out after the first few sentences!

The only thing this reset (that much is corect: there will be a reset) is going to do is wipe out the whole financial/banking credit-dependent system which cannot survive because (like the wise virgins), the countries actually making things or digging important minerals out of the ground will only sell to ciuntries which can pay them in something they want - some real! Can you guess what that might be? All other forms of payment offered will be refused - without exception. It will be a kind of barter system to begin with - perhaps out of necessity if things get really bad but various govts. predeliction for offering their own debt (or someone else's debt) as payment won't cut it and so 'stuff' will 'remain on the shelves' until those countries offer acceptable means of payment!

Credit is ephemeral and most collateral on which it is based is now 'tainted' at best and non-existant at worst! That is why the system is unsustainable and is about to collaspe! Those that 'control' it are in the same boat as everyone else (I hate to say!) so they cannot use a collapse to suck up all the remaining wealth because they will have to pay for it with 'cold, hard, real money' - GOLD (or perhaps silver)! Please understand that simple proposition!

Trade will be conducted in what, in a former world, were called bills of exchange and the exchange will be 'goods for gold' and nothing else! Goods for gold!

Any 'writer' who proposes anything else is either stupid or worse.

Thu, 12/10/2015 - 11:13 | 6904113 udopia
udopia's picture

If China and Russia are in agreement with this unified global economy why are they purchasing and mining large quantities of gold? Is this only a hedge against failure? Who is actually in charge of this enterprise? I cannot imagine a smooth agreement among various nationalities with different cultures, religions, and worldviews. Are elites really that uniform? Surely someone wants to be the boss and others oppose. Perhaps I do not have enough background to understand how this would work.

Thu, 12/10/2015 - 11:17 | 6904138 Bastiat
Bastiat's picture

It is going to be a bloody mess - the US populace is armed to the teeth.  How many will refuse to give up their guns? Good luck in the rural area s

Thu, 12/10/2015 - 11:28 | 6904198 sam site
sam site's picture

 

Brandon - So you believe the 23 Yuan Swap Facilities set up around the globe, the BRICS AIIB Bank replacing the IMFs World Bank, China Pay replacing the Western SWIFT Trade

Payment System and Union Pay replacing Western Visa and other credit cards does not represent a competitive threat to Western Banking and Trade Payment Institutions as well as the

Global Dollar reserve currency and Petro-dollar?  You’re delusional.

You also keep ignoring the role of gold accumulation by the BRICS.  Gold is Kryptonite to the western counterfeiting central bankers. 

 

The BRICS are not going to redeem another new fiat, unbacked, paper SDR with their gold – not even 20% in a weighted basket.  Another area where you’re delusional. 

I suppose you believe Putin is coordinating his air strikes in Syria with the globalists backers of ISIS.  You also fail to mention that Putin kicked out the Rothschild Central Bankers

several years ago just as China did according to Jim Willie.  Again you’re delusional and ill informed.

The biggest indicator that the BRICS are not NWO agents is the fact that Russia has completely rejected GMO farming and food

product sales since 2012 when the French Seralini study showed GMO Frankenfood caused cancer. 

The poisoning and handicapping agenda by the globalists is their highest priority because emotionally and mentally

handicapping the public forms the basis of the public capture and domination by these criminals. 

Poisoning the body with vaccines, fluoride, GMOs and chemtrails produces anxiety, depression and apathy that produces a blind loyalty to the globalist-controlled Establishment because it’s commonly seen as a safe haven to recover. 

This is all subconscious and goes unnoticed in the public but forms the basis of the public capture and domination process.

The good news is that heroes like Putin, Trump, the BRICS and a rapidly elevating consciousness evidenced in polls is rising up against these criminal manipulators. 

Polls indicate the public is finally turning off Mainstream Media and rebelling against this long standing evil in our midst.

 
Thu, 12/10/2015 - 13:34 | 6905052 jmcwala
jmcwala's picture

I just read an eye-popping book by Charles Hugh Smith, explaining how the current model of capitalism, the Rothschild model, is doomed. It's available on Amazon for around $28. But as I tried the 30 day free trial of Kindle Unlimited, it was free to read. Turned onto this by another ZH head.

Here's the link:

http://www.amazon.com/Radically-Beneficial-World-Automation-Technology/d...

 

Thu, 12/10/2015 - 17:10 | 6906657 TheObsoleteMan
TheObsoleteMan's picture

I don't care how expensive her suit is, it doesn't matter, that is one ugly bitch. Nothing can change that. If you listen to her, and can "read between the lines", she gives much away in terms of the NWO. In the first minutes of her speech, she states how both the CFR and the IMF were created {rolled out is more like it} after World Wars. This is how they work. So was the CIA, UN and a whole list of cast of charactors.

Fri, 12/11/2015 - 20:27 | 6912744 RMolineaux
RMolineaux's picture

With 92 thousand reads, and 4 pages of comments, I believe this item has earned more plausibiity than it deserves.  This is certainly conspiracy theory on a vast scale.  Using vague references like the "globalist elite" and the "Rothschild bankers," the author has set up a strawman worthy of the most clever political demagogues.  A few historical facts need to be cited to reduce these pontifications to reality. 

At the Bretton Woods conferencve of 1944, when the International Bank for Reconstruction and Development, along with the International Monetary Fund were planned, the conferees envisaged an international monetary system which would accept the independence and sovereignty of all members, while at the same time also accepting the reality that states with strong economies wouild inevitably exercise more influence over that system than others - while not necessarily owning it.   

This system functioned well until 1971 when president Nixon decided to end the commitment of the US to the rules established to settle trade imbalances, and forced the rest of the world into accepting the US dollar as the sole international reserve currency.  This was the act of apostasy that upset the Bretton Woods system and laid the groundwork for today's monetary chaos.  The conferees at Bretton Woods expected member states to accept the responsiility to adjust their internal economic policies to the need to minimise trade imbalances.  This responsibility was accepted by all US administrations up to that of Lyndon Johnson, who, in pursuit of his Vietnam war aims allowed the US budget to fall into deep deficit.  The resulting inflation caused deep trade deficits which were depleting the US gold stock.  

The short-term success of the US dollar hegemony deluded the US neocon/pentagon complex into believing that this could be expanded into military/political hegemony as well, especially after the collapse of the Soviet Union.  The rest of the world may have accepted an indefinite continuation of this US hegemony if the US had exercised wise leadership.  Unfortunately, it did not do so.  The spreading economic tyranny of the transnational corporations, along with the garrisoning of US troops in almost every nation provoked an inevitable backlash. The unconstitutional imperial behavior of the US culminated in the invasions of Iraq, Afghanistan, Libya and Syria, whose leaders refused to bow to US hegemony.  

In my opinion, the road to the correction of these misguided actions is, first of all, the restoration of constitutional government in the US.  The US was founded in rebellion from empire, it cannot allow itself to become another empire. The voters of the US have to wake up to their responsibilities as citizens in a republic and elect leaders dedicated to bringing the pentagon and the banks under the control of elected leaders.  The phenonemon of regulators being dictated to by the regulated must be brought to an end.  The mal distribution of income must be corrected by revisions to the tax code.  The fat parasite on the economy called Wall Street must be deflated.

Sat, 12/12/2015 - 16:50 | 6915292 Dickweed Wang
Dickweed Wang's picture

Using vague references like the "globalist elite" and the "Rothschild bankers,"

 

"Vague references"??  You need to get your head out of the sand pal.  Who the hell do you think controls the world?  The "elected" governments?

Sun, 12/13/2015 - 13:35 | 6917772 HYPERTlGER
HYPERTlGER's picture

The chaos is due to the collapse of the bretton woods systsem

 

the 1944 global trade systsem that collapsed in 1971 but didn't

 

The USA as the primary source of power reached maximum potential in 2008

 

64 years from 1944

 

I was born march 5th 1971

 

the 64th day

 

my real name is Michael

 

Quis ut Deus?, a Latin sentence meaning "Who is like God?", is a literal translation of the name Michael (Hebrew: ????????‎, transliterated Micha'el or Mîkh?'?l).

 

2008 was when the first visible sign that the 1944 bretton woods systsem had reached the end became visible

 

It's been in a controlled collapse ever since with all the chaos you see being absolutely capitalized upon

 

meaning...if you know you are going to be cutting off the flow of us dollar inflation into an external economic zone

 

you can absolutely capitalize upon that knowledage...that everyone in the domain you rule is ignorant of

 

Like knowing when eclipses happen

 

You can spend years building up to the magic show

 

that is what the lehmans collapse was...a controlled demolition

 

from december 7th 1941 to september 15 2008

 

is 66 years 9 months 1 week and 1 day

 

66th prime = 317

 

3 x 17 = 51 = Michael

 

66 = abyss

 

12/7 = december 7th

 

127+721 = 848

 

848/4 = 212

 

Michael = 51

Randal = 50

David = 40

Leopard = 71

51+50+40+71 = 212

 

9/15 or september 15

 

9:15 = 555

 

2+1+2 = 5

 

5+5+5 = 15

 

37 x 15 = 555

March 5th is my birthday

 

3/5

 

3 x 5 = 15 or 5 + 5 + 5

 

What happened in 2008?

 

that is where the demand of the population of the USA to be supplied by the population of the USA became greater than the supply by the population of the USA to the population of the USA

 

turning the USA into a negatively yielding invesment...

 

The flow of inflation out into the global systsem and back through the USA...stopped there

 

Economic zones globally have been cut off from US dollar investment...and they imploded

 

Inflation zones began to turn into deflation zones...then collapsed into them

 

Yield rates have been dropping since 1981

 

34 years

 

2016 is 35 from 1981

71 from 1944

 

3571 = 500th prime

 

3/5/71 = march 5th 1971...my birthday

 

what happens in 2016

 

election and it is where the edge of the current solar cycle we are at the end of is

 

before the drop down into the abyss...2021

 

20+21 = 41 = Key

 

1941 to 1971 = spring or 3

1971 to 2001 = summer or 6

2001 to 2031 = fall or 9

 

The current solar cycle began on January 4, 2008, with minimal activity until early 2010. It is on track to have the lowest recorded sunspot activity since accurate records began in 1750. The cycle featured a "double-peaked" solar maximum. The first peak was reached 99 in 2011 and the second in early 2014 at 101

 

101 = Sun of GOD

 

Quis ut Deus?, a Latin sentence meaning "Who is like God?", is a literal translation of the name Michael (Hebrew: ????????‎, transliterated Micha'el or Mîkh?'?l).

 

 ????????‎ is 101 in hebrew gematria

 

In 2015, a new model of the solar cycle was published. The model draws on dynamo effects in two layers of the Sun, one close to the surface and one deep within its Convection zone. Model predictions suggest that solar activity will fall by 60 per cent during the 2030s to conditions last seen during the 'Little ice age' that began in 1645. Prior models included only the deeper dynamo

 

if true...that is what you really do not want to know about

 

a 60% drop in the invisible power all around you that you all depend upon to sustain a positive attitude

 

negative = depression

 

climate change from economic summer to economic winter or fall

 

1981 to 2001 was the positive phase of the fall

 

2001 to now was the negtive phase...

 

2001 to 2008 = Indian summer

 

Indian summer is a period of unseasonably warm, dry weather that sometimes occurs in autumn in the Northern Hemisphere. The US National Weather Servicedefines this as weather conditions that are sunny and clear with above normal temperatures, occurring late-September to mid-November. It is usually described as occurring after a killing frost

 

2001...911...was the killing frost

 

twin towers rose up into history 1971 and went down in history 2001

 make no mistake...bretton woods is ending...collapsing from the absolute 1 point down towards the absolute 0 point

 

what is that?

 

where the actual end of the current global system you all are the supply of power to and the demand for power from...is

 

all your fates are entangled with it

 

and it is entangled with the sun of god

 

according to all the religions

 

Science is a search for the Truth

 

so forget GOD

 

the sun

 

the = 33

sun = 54

 

33+54 = 87 = Truth

 

see...

 

the = 33

Truth = 87

 

33+87 = 120

 

120 = Archangel michael

 

I supply power to the demand for power

 

but I have a finite supply of YES power to the demand for YES power

 

when I'm all out of YES power...I begin supplying NO power

 

more and more until that is all Satan can get...no matter how hard Satan tries

 

Michael has a finte supply of power...Satan has an infinite demand

 

9/15 2008 is where Michael ran out of power to supply to the demand by the master lie that wants to be Truth and never die

 

Now it's crying...and dying

 

a controlled cry and die of course...uncontrolled and there would be no internet and most of you would be dead

 

yield rates have been dropping for 34 years because the net conusmers of yield have been imploding the net producers of yield down towards the absolute 0 point to supply power to the demand for power by the explosion of the net consumers of yield up towards the absolute 1 point

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