View Full Version : Ben Fulford: Major Realignment of Power Taking Place in Asia
Slobbe
26th December 2011, 20:19
"There has been a major change in the power balance in Asia during the past week or so following the death of North Korean leader Kim Jong Il, according to Asian intelligence sources. The biggest changes are happening in Japan where a series of arrests of bureaucrats, police officials and politicians has begun. One prominent casualty has been former Japanese Finance and Economy Minister Heizo Takenaka who has been arrested and is underground [undergoing] “vigorous questioning,” according to Japanese military intelligence sources. Takenaka is apparently singing like a canary, the sources said. If this information from highly placed sources is correct, Takenaka will be explaining why he handed over control of Japan’s commercial banks to foreign oligarchs, including the Rockefeller and Bush clans. The situation in the Korean peninsula is also now headed for the biggest change since the Korean war in the 1950’s the sources say.
North Korea, as always, remains a difficult place to report about because of the cloak of secrecy hanging over the peninsula. However, Japanese right-wing sources, a North Korean agent in Japan and others claim that Kim Jong Il was killed about two years ago by a Swedish prostitute who gave him a stroke-causing poison. Since then, a communal leadership has been ruling while using two Kim Jong Il look-alikes. Both look-alikes have now been killed so the collective leadership decided to go ahead and announce the new regime with Kim Jong Un as its nominal leader.
Two of the sources also claim that Kim Jong Un is actually the son of Megumi Yokota, a Japanese national who was kidnapped and taken to North Korea when she was 13. The evidence both sources cited is that Yokota was the younger Kim’s companion when he was studying in Switzerland. This author has previously heard from multiple North Korea watchers and one North Korean opera singer that Yokota is now a senior North Korean agent who has no wish to return to Japan. Perhaps soon there will be enough disclosure from North Korea to ascertain if this is true or not.
As mentioned last week, Rothschild family sources are claiming that North and South Korea will be unified with North Korea taking a leading role in the new political regime. In exchange, a Rothschild central bank will be set up in the Korean peninsula and a major development drive will take place there. There will also be about 1 million refugees arriving there from the United States. The US military will also be asked to leave the peninsula, these sources say.
One public sign of a major change has been an agreement between China and Japan to directly trade each other’s currencies announced during Japanese Prime Minister Yoshihiko Noda’s visit there this week. These days about 60% of Japan/China transactions take place via the US dollar.
In Japan, leaders of the old regime, including former Prime Minister’s Yasuhiro Nakasone and Junichiro Koizumi are said to be struggling to maintain their power bases amidst the ongoing arrests. Many of the officials being arrested are being charged with illegally using Bank of Japan funds for private purposes, the sources claim.
The changes in Asia will have strong repercussions in Europe and the US in the New Year. The Europeans are still finding it impossible to get investments in government bonds from the rest of the world. This is why the announcement of a 489 billion Euro infusion of money by the European Central Bank failed to lower Italian government bond interest rates below the unsustainable rate of 7%.
The situation among the major European and US money center banks is expected to get critical towards the end of January when these large institutions are supposed to settle accounts with each other.
The word from CIA officers involved in the situation is that Citibank, Deutschebank, Bank of America, Goldman Sachs and J.P. Morgan may not survive. Goldman Sachs is controlled by J. Rockefeller, these same sources claim.
What is certain is that there has been a fundamental split in the ranks among the families that own the large banks that in turn own the Federal Reserve Board. There is still an arrogance about these people that is difficult for the average human to fathom. They still do not plan to go quietly into the night.
However, a Gnostic source has told the White Dragon Society that George Bush Senior is no longer their leader and that their group supports White Dragon Plans for a plan to end poverty and stop environmental destruction.
They are opposed to bloodline dynastic rule and promise major havoc in Europe and North America next summer when the warm weather makes large demonstrations viable.
For the year 2012 the White Dragon Society proposes a major campaign to end poverty and stop environmental destruction followed by a huge global party. They also propose “ending the world” on December 21st, 2012. They would then “restart” the world on December 25th, 2012 in the old calendar by renaming it as January 1st of the year zero.
The battle to remove the old criminal elite will have to end in victory for humanity, though, if we are to make this possible. Humanity can free itself simply by deciding collectively to do so."
http://jhaines6.wordpress.com/2011/12/26/ben-fulford-major-realignment-of-power-taking-place-in-asia-december-26-2011/#more-29109
joedjemal
26th December 2011, 20:27
Any other sources for this except Fulford and co?
Slobbe
26th December 2011, 20:59
Any other sources for this except Fulford and co?
Here's one. I will look for more.
http://gulfnews.com/business/banking/japan-china-to-back-direct-currencies-trade-1.956877
Another one (Italian bonds above 7%)
http://www.xe.com/news/2011-12-24%2003:17:00.0/2368153.htm
Calz
27th December 2011, 02:25
Here is another source suggesting something is up right now regarding currencies. Kerry has been posting material from one unidentified source so take that for what it may (or may not) be. This may be related to the OP or simply coincidental timing (if legit).
________________
December 26, 2011
Letter from a Source:
Unusual Banking Activity Report #3
Kerry,
Merry Christmas Everyone!!!
I would like to begin by thanking Project Camelot & Kerry Cassidy for an amazing job of Professional Journalism, an UN-dying passion for her art, and true bravery in the face of adversity which I have witnessed in only a few true Warriors on this Planet.
Thank you Kerry. You carry that beautiful light where ever you go, reminding us in even the darkest times there is always hope. Our Team thanks you from the bottom of our hearts.
* Last Up-Date before the Shift - 12/25/11 2:45 P.M. EST Christmas Day.
* System Stat - UST and other three letter agencies out of lock down as of yesterday. Skeleton crews remain to assure of completion of currency re-adjustment.
* Assured that this is not a crash. I repeat. Not A Crash. Quote from a 24 year veteran of a letter agency * Quote - (We are leveling the playing field, giving everyone a breather.) - End-Quote.
* Banking screens still showing 00.0000 on over 149 different Countries, up from 138.
* Finally received information out of Europe that the last of the adjustment codes out of Geneva (from Basel -aka-BIS) have been implemented and are working their way through the World Wide Banking System.
* Banks will now answer to their regional directors in a 10 Region World Wide Central Banking System. Very similar to the EURO being Pegged to the Swiss Frank. Each Region will have it's controlling Currency.
* Analysis - Still UN-known if this is possible. Some of the more outdated systems in the more isolated countries had to be implemented physically with programmers sent from Europe and the States.
* This schedule is still on point. We are not sure what to expect.
* Conclusion - Unknown - (However many of us believe that this is a beginning move to completely take over the Banking System Worldwide). - Extremely Unusual Banking Activity.
http://projectcamelotproductions.com/blog-hp.html
WhiteFeather
27th December 2011, 02:32
The word from CIA officers involved in the situation is that Citibank, Deutschebank, Bank of America, Goldman Sachs and J.P. Morgan may not survive. Goldman Sachs is controlled by J. Rockefeller, these same sources claim.
These Entities Need To Be Flushed Down The Crapper Immediately, And Begone With them Already. JP Morgan will be crying in his coffin, thats located in the depths of Hell. And I can smell his burning flesh whilst i comment on this thread.
DreamsInDigital
27th December 2011, 03:02
@ Calz
So, is what Kerry reporting a good thing or a bad thing, I'm seriously confused to whether we're winning the financial war or loosing it? I know what's going on spiritually. But, bloody hell this financial stuff is confusing.
Calz
27th December 2011, 03:05
@ Calz
So, is what Kerry reporting a good thing or a bad thing, I'm seriously confused to whether we're winning the financial war or loosing it? I know what's going on spiritually. But, bloody hell this financial stuff is confusing.
If legit (*if*) then I guess we will all be finding out soon.
As to a leveling of the playing field ... I guess that would be relative to where and what you are accustomed to.
In the USA I would expect not such good news ... but (again going by the unconfirmed source) not a crash ... only an adjustment of sorts.
DreamsInDigital
27th December 2011, 03:08
What about this part though?
* Conclusion - Unknown - (However many of us believe that this is a beginning move to completely take over the Banking System Worldwide). - Extremely Unusual Banking Activity.
Calz
27th December 2011, 03:11
What about this part though?
* Conclusion - Unknown - (However many of us believe that this is a beginning move to completely take over the Banking System Worldwide). - Extremely Unusual Banking Activity.
Well if the "insider" leaking the story suggests an "unknown conclusion" then I certainly am in no position to add to that. :lol:
Like always ... make sure you have provisions for an "interuption" and don't give into fear! :nod:
Pete
27th December 2011, 04:18
Sounds in line with what Ben was talking about, there was already evidence that the major index's were being manipulated, ie, Supported without volume and overbought. Therefore, it may well be reasonable to expect, that as tumultuous the re-balance may be, it will not be allowed to unbalance the major indiceies
I doubt if we are going to see a crash, in my opinion, it should have happened over a month ago!
DreamsInDigital
27th December 2011, 04:50
What about this part though?
* Conclusion - Unknown - (However many of us believe that this is a beginning move to completely take over the Banking System Worldwide). - Extremely Unusual Banking Activity.
Well if the "insider" leaking the story suggests an "unknown conclusion" then I certainly am in no position to add to that. :lol:
Like always ... make sure you have provisions for an "interuption" and don't give into fear! :nod:
I shed the fear a long time ago, but anyway. I meant the part about the complete take over of the global banking system. Are they talking about the good guys doing that or the bad guys? I would think eventually a unified global banking system would be a good thing, but not with the bad guys in charge.
joedjemal
27th December 2011, 08:20
Any other sources for this except Fulford and co?
Here's one. I will look for more.
http://gulfnews.com/business/banking/japan-china-to-back-direct-currencies-trade-1.956877
Another one (Italian bonds above 7%)
http://www.xe.com/news/2011-12-24%2003:17:00.0/2368153.htm
Sorry, I see nothing here to confirm arrests of senior politicians. Asia has been quietly moving to remove the dollar from the equation for a few years now because of the impossible financial situation in the US. The Italy thing is a momentary blip.
The debts of much of the west are unpayable because global growth effectively ended in 2008 because we hit peak oil production. One of the reasons why I find Fulfords missives so unbelievable is because he doesn't address the real causes of the financial chaos in the world right now. Any system dependant on exponential growth has collapse baked in the cake the moment growth ends. The only thing that surprises me is that they've managed to keep it all going as long as they have. Complete collapse of the global economic system looks pretty much inevitable this year. It's why they're trying to start a major war, to distract from the fact that their system is fatally flawed. The real driver behind the global economy is resources. All forms of money including gold are simply representations of energy. That's why none of this Fulford stuff makes any sense in the real world.
When something major happens on the energy front then I'll start getting interested. The problem is that even if we did have a new form of energy ready to roll it takes at least 20 years to build out the old system and the collapse is happening right now. That's why I consider all this a dangerous distraction that will cost lives. People are looking for a saviour instead of getting their acts together and that concerns me.
Slobbe
27th December 2011, 08:30
Sorry, I see nothing here to confirm arrests of senior politicians. Asia has been quietly moving to remove the dollar from the equation for a few years now because of the impossible financial situation in the US. The Italy thing is a momentary blip.
I agree, though in asia atm they are also moving from the dollar openly.
I have been monitoring Japanese web-activity on the arrest of Heizo Takenaka and sofar I haven't come across any such indications apart from the ones brought forward by Benjamin. I will keep an eye on it to see if any information surfaces apart from Benjamin.
Ishtar
27th December 2011, 08:36
Hi joedjemal,
By energy, I assume you mean oil, coal, gas...in other words, fossil fuels.
You have probably heard about the genius inventor Nikola Tesla, who also discovered free energy but whose work was suppressed because it would have wrecked the world economy?
My understanding is that there is free energy, and so we will no longer need an economy linked to fossil fuels.
Evidence that our earliest ancestors had free energy has been found at the Bosnian pyramids and also at a megalithic monument in the UK, Silbury Hill.
The Bosnian tumulus consists of two-layer megalithic terraces, clay layers and artificial concrete layers.
A team of physicists detected an energy beam coming through the top of the Bosnian Pyramid of the Sun. The radius of the beam is 4.5 meters with a frequency of 28 kHz. The beam is continuous and its strength grows as it moves up and away from the pyramid. This phenomenon contradicts the known laws of physic and technology. This is the first proof of non-herzian technology on the planet. It seems that the pyramid-builders created a perpetual motion machine a long time ago and this “energy machine” is still working.
In the underground labyrinth, in 2010, we discovered three chambers and a small blue lake. Energy screening shows that the ionization level is 43 times higher than the average concentration outside which makes the underground chambers into “healing rooms”.
Further electromagnetic detection in 2011 confirmed that levels of negative radiation through the Hartman, Curry and Schneider grids are equal to zero in the tunnels. There was no technical radiation (from power lines and/or other technology) found in the tunnels and no cosmic radioactivity. Ceramic sculptures are positioned over the underground water flows and the negative energy is transformed into positive. All of these experiments point to the underground labyrinth as one of the most secure underground constructions in the world and this makes it an ideal place for the body’s rejuvenation and regeneration.
Quote from Semir Osmanagic, lead excavator of the Bosnian pyramids.
joedjemal
27th December 2011, 08:53
Hi joedjemal,
By energy, I assume you mean oil, coal, gas...in other words, fossil fuels.
You have probably heard about the genius inventor Nikola Tesla, who also discovered free energy but whose work was suppressed because it would have wrecked the world economy?
My understanding is that there is free energy, and so we will no longer need an economy linked to fossil fuels.
Evidence that our earliest ancestors had free energy has been found at the Bosnian pyramids and also at a megalithic monument in the UK, Silbury Hill.
The Bosnian tumulus consists of two-layer megalithic terraces, clay layers and artificial concrete layers.
A team of physicists detected an energy beam coming through the top of the Bosnian Pyramid of the Sun. The radius of the beam is 4.5 meters with a frequency of 28 kHz. The beam is continuous and its strength grows as it moves up and away from the pyramid. This phenomenon contradicts the known laws of physic and technology. This is the first proof of non-herzian technology on the planet. It seems that the pyramid-builders created a perpetual motion machine a long time ago and this “energy machine” is still working.
In the underground labyrinth, in 2010, we discovered three chambers and a small blue lake. Energy screening shows that the ionization level is 43 times higher than the average concentration outside which makes the underground chambers into “healing rooms”.
Further electromagnetic detection in 2011 confirmed that levels of negative radiation through the Hartman, Curry and Schneider grids are equal to zero in the tunnels. There was no technical radiation (from power lines and/or other technology) found in the tunnels and no cosmic radioactivity. Ceramic sculptures are positioned over the underground water flows and the negative energy is transformed into positive. All of these experiments point to the underground labyrinth as one of the most secure underground constructions in the world and this makes it an ideal place for the body’s rejuvenation and regeneration.
Quote from Semir Osmanagic, lead excavator of the Bosnian pyramids.
Perhaps this is true, the UFOs can't be using fossil fuels and I've seen several of them so I know that other types of energy are possible but my point stands, it takes 20 years to build the infrastructure. Have you ever seen one of these machines? We don't have time to replace the current infrastructure and the collapse is in progress. Things that might be so one day will not put food on your table tomorrow.
Do you see my point?
Ishtar
27th December 2011, 09:32
Yes, I do see your point. I've been thinking, though (and it is possibly wishful thinking) that the ptb are so advanced technologically that they would have a very fast system to roll out the free energy. But I take your point ...
So taking your scenario that it's going to take 20 years to roll it out, I think it is still do-able. Do-able but difficult. If people come together locally and think laterally across problems, working co-operatively and thinking of themselves as part of the whole rather than as individuals, we can keep each other alive until then.
Signed,
Hopeless Optimist
Calz
27th December 2011, 09:51
Yes, I do see your point. I've been thinking, though (and it is possibly wishful thinking) that the ptb are so advanced technologically that they would have a very fast system to roll out the free energy. But I take your point ...
So taking your scenario that it's going to take 20 years to roll it out, I think it is still do-able. Do-able but difficult. If people come together locally and think laterally across problems, working co-operatively and thinking of themselves as part of the whole rather than as individuals, we can keep each other alive until then.
Signed,
Hopeless Optimist
My understanding is that there are people ready to "roll" but not within "the system" (Ralph Ring among others mentioned in the forum ... one being a "pod member"). They are only waiting for the right time and opportunity.
Ishtar
27th December 2011, 09:55
What's a "pod member" please, Calz? :confused:
joedjemal
27th December 2011, 10:08
Yes, I do see your point. I've been thinking, though (and it is possibly wishful thinking) that the ptb are so advanced technologically that they would have a very fast system to roll out the free energy. But I take your point ...
So taking your scenario that it's going to take 20 years to roll it out, I think it is still do-able. Do-able but difficult. If people come together locally and think laterally across problems, working co-operatively and thinking of themselves as part of the whole rather than as individuals, we can keep each other alive until then.
Signed,
Hopeless Optimist
That scenario is exactly what I'm hoping for and I do see small signs of it, although not with any radical new energy technology.
Nowhere near enough though although I suspect hunger will focus the minds of most a great deal. Interesting times in any case.
Calz
27th December 2011, 10:20
What's a "pod member" please, Calz? :confused:
Start here (great thread) ... you will see "pods" mentioned starting in post # 5.
http://projectavalon.net/forum4/showthread.php?26243-James-Gilliland-and-Ralph-Ring-Contact-has-begun-July-13-2011&highlight=ralph+ring
cellardoor
27th December 2011, 12:47
Any other sources for this except Fulford and co?
http://www.bbc.co.uk/news/business-16330574
China and Japan have unveiled plans to promote direct exchange of their currencies in a bid to cut costs for companies and boost bilateral trade.
China and Japan have unveiled plans to promote direct exchange of their currencies in a bid to cut costs for companies and boost bilateral trade.
The deal will allow firms to convert the Chinese and Japanese currencies directly into each other.
Currently businesses in both countries need to buy US dollars before converting them into the desired currency, adding extra costs.
It is the latest step by China as it seeks a more global role for the yuan.
“Given the huge size of the trade volume between Asia’s two biggest economies, this agreement is much more significant than any other pacts China has signed with other nations,” Ren Xianfang of IHS Global Insight was quoted as saying by the Bloomberg news agency.
China is Japan’s biggest trading partner. According to the Japan External Trade Organization, trade between the two countries stood at 26.5tn yen ($339bn; £218bn) in 2010.
More collaboration
The plans were announced during a visit to China by Japan’s Prime Minister Yoshihiko Noda and after a meeting with Chinese Premier Wen Jiabao.
The two leaders also agreed to allow the Japan Bank for International Cooperation to issue yuan-denominated bonds in China, the first time a foreign government body has been allowed to do so.
At the same time, Japan said it was also looking to buy Chinese government bonds, a move that analysts believe may prove to be mutually beneficial to both nations.
“By adopting Chinese bonds as a part of official foreign exchange reserves, Japan is labelling Chinese bonds as an investable asset,” according to Takuji Okubo of Societe Generale Tokyo.
“This should encourage Japanese private investment into Chinese bonds, as well as into other Asian emerging currencies. Such development in turn should help develop offshore currency trading in Japan,” he added.
As for China, Mr Okubo explained that the move will help China further open up its financial markets.
The deal “is a manifest of a higher level of commitment from China to the open-up reform, which would add credibility to the ongoing offshore yuan experiment”, he said.
Tripartite agreement?
Along with promoting bilateral business ties, China and Japan said they had also made progress on a free trade agreement between China, Japan and South Korea.
The proposed agreement is expected to boost trade between the three nations.
“On a free-trade agreement among Japan, China and South Korea, we’ve made a substantial progress for an early start of negotiations,” Mr Noda said.
China has been pushing for the three parties to speed up talks and proceedings on the deal, especially after Japan showed a keen interest to participate in the Trans-Pacific Partnership Agreement (TPP).
The TPP, a trade pact led by the US, includes Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore and Vietnam.
It is aimed at eliminating tariffs and other barriers to goods and services trade and investment among the member countries to boost growth
jackovesk
27th December 2011, 15:13
For your Discernment...
Benjamin Fulford 12-26-11…”Major realignment of power taking place in Asia”… Humanity can free itself simply by deciding collectively to do so.”
Posted on December 26, 2011
http://kauilapele.files.wordpress.com/2011/12/benjamin_fulford_3e.jpg?w=112&h=150
When the “De-crapification” was brought up in this recent post (http://kauilapele.wordpress.com/2011/12/24/a-sense-of-peace-as-the-de-crap-ification-unfolds-before-us/), I had no idea exactly how this would play out. Ben reports that multiple arrests are being made in the Japan region, of ” bureaucrats, police officials and politicians.” All of this is so far afield of my normal day to day operations, and I’m sure most of yours, that it’s almost impossible to figure out the details of the soap opera. I have no desire to be involved in anyone’s soap operas. Certainly do not watch them on the TV, nor pay much attention to the almost constant reporting of the political ones on the Fox, the NBC, the CBS, or the MSNBC. But I’m very glad those like Ben who are moved to do these things, are willing to get in there and let us know what is transpiring.
But here is Ben’s latest report. Presidents, look-alikes, and so on and so forth.
The “De-crapification”/ascension show continues. As always, suggest using Higher Discernment when reading the Ben.
Highlights
■There has been a major change in the power balance in Asia during the past week or so following the death of North Korean leader Kim Jong Il… a series of arrests of bureaucrats, police officials and politicians has begun.
■…sources…claim that Kim Jong Il was killed about two years ago… since then, a communal leadership has been ruling while using two Kim Jong Il look-alikes.
■One public sign of a major change… an agreement between China and Japan to directly trade each other’s currencies…
■…old regime… former Prime Minister’s Yasuhiro Nakasone and Junichiro Koizumi are said to be struggling to maintain their power bases amidst the ongoing arrests.
■The changes in Asia will have strong repercussions in Europe and the US in the New Year.
■The word from CIA officers involved in the situation is that Citibank, Deutschebank, Bank of America, Goldman Sachs and J.P. Morgan may not survive.
■…there has been a fundamental split in the ranks among the families that own the large banks that…own the Federal Reserve Board…. They still do not plan to go quietly into the night.
■However, a Gnostic source has told the White Dragon Society that George Bush Senior is no longer their leader and that their group supports White Dragon Plans for a plan to end poverty and stop environmental destruction.
■For the year 2012 the White Dragon Society proposes a major campaign to end poverty and stop environmental destruction followed by a huge global party.
■Humanity can free itself simply by deciding collectively to do so.
—————————————————————————
Major realignment of power taking place in Asia - 12-26-11
http://benjaminfulford.typepad.com/benjaminfulford/
There has been a major change in the power balance in Asia during the past week or so following the death of North Korean leader Kim Jong Il, according to Asian intelligence sources. The biggest changes are happening in Japan where a series of arrests of bureaucrats, police officials and politicians has begun. One prominent casualty has been former Japanese Finance and Economy Minister Heizo Takenaka who has been arrested and is underground “vigorous questioning,” according to Japanese military intelligence sources. Takenaka is apparently singing like a canary, the sources said. If this information from highly placed sources is correct, Takenaka will be explaining why he handed over control of Japan’s commercial banks to foreign oligarchs, including the Rockefeller and Bush clans. The situation in the Korean peninsula is also now headed for the biggest change since the Korean war in the 1950’s the sources say.
North Korea, as always, remains a difficult place to report about because of the cloak of secrecy hanging over the peninsula. However, Japanese right-wing sources, a North Korean agent in Japan and others claim that Kim Jong Il was killed about two years ago by a Swedish prostitute who gave him a stroke-causing poison. Since then, a communal leadership has been ruling while using two Kim Jong Il look-alikes. Both look-alikes have now been killed so the collective leadership decided to go ahead and announce the new regime with Kim Jong Un as its nominal leader.
Two of the sources also claim that Kim Jong Un is actually the son of Megumi Yokota, a Japanese national who was kidnapped and taken to North Korea when she was 13. The evidence both sources cited is that Yokota was the younger Kim’s companion when he was studying in Switzerland. This author has previously heard from multiple North Korea watchers and one North Korean opera singer that Yokota is now a senior North Korean agent who has no wish to return to Japan. Perhaps soon there will be enough disclosure from North Korea to ascertain if this is true or not.
As mentioned last week, Rothschild family sources are claiming that North and South Korea will be unified with North Korea taking a leading role in the new political regime. In exchange, a Rothschild central bank will be set up in the Korean peninsula and a major development drive will take place there. There will also be about 1 million refugees arriving there from the United States. The US military will also be asked to leave the peninsula, these sources say.
One public sign of a major change has been an agreement between China and Japan to directly trade each other’s currencies announced during Japanese Prime Minister Yoshihiko Noda’s visit there this week. These days about 60% of Japan/China transactions take place via the US dollar.
In Japan, leaders of the old regime, including former Prime Minister’s Yasuhiro Nakasone and Junichiro Koizumi are said to be struggling to maintain their power bases amidst the ongoing arrests. Many of the officials being arrested are being charged with illegally using Bank of Japan funds for private purposes, the sources claim.
The changes in Asia will have strong repercussions in Europe and the US in the New Year. The Europeans are still finding it impossible to get investments in government bonds from the rest of the world. This is why the announcement of a 489 billion Euro infusion of money by the European Central Bank failed to lower Italian government bond interest rates below the unsustainable rate of 7%.
The situation among the major European and US money center banks is expected to get critical towards the end of January when these large institutions are supposed to settle accounts with each other.
The word from CIA officers involved in the situation is that Citibank, Deutschebank, Bank of America, Goldman Sachs and J.P. Morgan may not survive. Goldman Sachs is controlled by J. Rockefeller, these same sources claim.
What is certain is that there has been a fundamental split in the ranks among the families that own the large banks that in turn own the Federal Reserve Board. There is still an arrogance about these people that is difficult for the average human to fathom. They still do not plan to go quietly into the night.
However, a Gnostic source has told the White Dragon Society that George Bush Senior is no longer their leader and that their group supports White Dragon Plans for a plan to end poverty and stop environmental destruction.
They are opposed to bloodline dynastic rule and promise major havoc in Europe and North America next summer when the warm weather makes large demonstrations viable.
For the year 2012 the White Dragon Society proposes a major campaign to end poverty and stop environmental destruction followed by a huge global party. They also propose “ending the world” on December 21st, 2012. They would then “restart” the world on December 25th, 2012 in the old calendar by renaming it as January 1st of the year zero.
The battle to remove the old criminal elite will have to end in victory for humanity, though, if we are to make this possible. Humanity can free itself simply by deciding collectively to do so.
http://kauilapele.wordpress.com/2011/12/26/benjamin-fulford-12-26-11-major-realignment-of-power-taking-place-in-asia-humanity-can-free-itself-simply-by-deciding-collectively-to-do-so/
Calz
27th December 2011, 15:24
Hey Jack.
Base article (less highlights and personal commentary of course) is here:
http://projectavalon.net/forum4/showthread.php?37465-Ben-Fulford-Major-Realignment-of-Power-Taking-Place-in-Asia
jackovesk
27th December 2011, 15:47
World’s Second And Third Largest Economies To Bypass Dollar, Engage In Direct Currency Trade
Zero Hedge
Monday, December 25, 2011
To all who still think that in the war of attrition between the USD and the EUR (because contrary to what some have “discovered” only recently, currency wars have been going on for a long, long time and will continue to do so, before morphing into trade and real wars), in which both currencies are doomed, and where the winner takes it all, if only for a few minutes, we bring to your attention the following most recent update out of the Pacific Rim (where incidentally the Shanghai Composite has resumed its relentless track lower with the obvious intention of closing 2011 at its 52 week low) in which we find i) that the dollar’s hegemonic control over the world is ending, and ii) that the mercantilist relationship so long sustained between China and the US, may be shifting and reversing, and in its next metamorphosis will see Japan buying the bonds of… China (although probably not for long – see next post).
As Bloomberg reports, “Japan and China will promote direct trading of yen and yuan without using dollars and will encourage the development of a market for the exchange, to cut costs for companies, the Japanese government said. Japan will also apply to buy Chinese bonds next year, the Japanese government said in a statement after a meeting between Prime Minister Yoshihiko Noda and Chinese Premier Wen Jiabao in Beijing yesterday.” And before someone blows it off as merely more foreign relations posturing, ““Given the huge size of the trade volume between the Asia’s two biggest economies, this agreement is much more significant than any other pacts China has signed with other nations,” said Ren Xianfang, a Beijing-based economist with IHS Global Insight Ltd.” As for China’s reverse mercantilist move, one which will stun anyone who believes that Yuan is still undervalued, “Finance Minister Jun Azumi said Dec. 20 buying of Chinese bonds would be beneficial for Japan because it would help reveal more information about financial markets in China, the world’s largest holder of foreign currency reserves.” Speaking of, has Albert Edwards gloated yet that given enough time, he always ends up being proven right, in this case about the CNY’s upcomingdevaluation?
Some more on the direct FX bypass, something which should piss of USD traders quite a bit, fromBloomberg:
Encouraging direct yen-yuan trades will aim to reduce currency risks and trading costs, Japan’s government said. Currently, about 60 percent of trade transactions between the two nations are settled in dollars, according to Japan’s Finance Ministry. China is Japan’s biggest trading partner.
Then-finance minister Noda said in September 2010 that Japan should be able to invest in China’s market given that China buys Japanese debt. Japan holds $1.3 trillion of foreign- currency reserves, the world’s second largest.
Austria has already been granted the eligibility to buy Chinese bonds, according to the Japanese government official. Central banks from Thailand to Nigeria plan to start buying yuan assets as slowing global growth has capped interest rates in the U.S. and Europe.
Investing in Chinese debt has become easier for central banks as issuance of yuan-denominated bonds in Hong Kong more than tripled to 112 billion yuan ($18 billion) this year and institutions were granted quotas to invest onshore.
So while the US and Europe bicker over just who it is that will first end up bailing out one then the other, those who are supposedly doing the bailing, have decided to gradually move away from the interminable financial sink hole that is the developed world. All that needs to happen next is for Russia and India to join this compact, and Jim O’Neill will be proven ‘right’, although with a 100% inverse outcome to the one desired by the Goldmanite, as globalization proceeds merrily on its way… just without the US and Europe.
http://www.zerohedge.com/news/worlds-second-and-third-largest-economies-bypass-dollar-engage-direct-currency-trade
modwiz
27th December 2011, 16:04
My red flag in this article is: The Rothschild's get Korea? WTF? I would think the number of central banks should be going down, not up. Are they planning to operate under new rules? Talk is cheap and these creeps love a bargain............for themselves.
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