+ Reply to Thread
Page 1 of 22 1 11 22 LastLast
Results 1 to 20 of 426

Thread: Global Currency Reset (SDR's and the New Bretton Woods; by JC Collins)

  1. Link to Post #1
    United States Avalon Retired Member
    Join Date
    4th January 2011
    Location
    North Texas
    Age
    71
    Posts
    27,723
    Thanks
    28,846
    Thanked 129,166 times in 20,634 posts

    Default Global Currency Reset (SDR's and the New Bretton Woods; by JC Collins)

    In January through April of this year, 2014, JC Collins of philosophyofmetrics.com published a ten part series on his most excellent blog, describing in some detail the mechanics of the upcoming (already in progress, actually) Global Currency Reset.

    This is some of the clearest, most compelling, analysis I've seen to date on this.

    In this thread, I will present a synopsis of each of these ten parts, as I read them more closely myself, one part per post.

    I have already posted, as a one-liner, in a couple of relevant posts, my summary of this work:
    Where goes control of the world's most senior debt paper ... there goes control of the world's major political and corporate institutions.
    Since the Bretton Woods Conference (July 1944), the most senior debt paper on the planet has been US Treasuries. This is changing. The new senior debt paper will evolve from SDR's, the debt paper of the International Monetary Fund (IMF).

    ===

    First, a bit of background on the relation between the IMF, the Bank for International Settlements (BIS), and the World Bank may be helpful.

    Positioning: IMF vs. the World Bank and the BIS (from bibliotecapleyades.net):

    There is a triad of monetary powers that rule global money operations:Although they work together very closely, it is necessary to see which part each plays in the globalization process.

    The International Monetary Fund (IMF) and the World Bank interact only with governments whereas the BIS interacts only with other central banks. The IMF loans money to national governments, and often these countries are in some kind of fiscal or monetary crisis.

    Furthermore, the IMF raises money by receiving "quota" contributions from its 184 member countries. Even though the member countries may borrow money to make their quota contributions, it is, in reality, all tax-payer money.

    The World Bank also lends money to governments and has 184 member countries.
    ...

    The BIS, as central bank to the other central banks, facilitates the movement of money. They are well-known for issuing "bridge loans" to central banks in countries where IMF or World Bank money is pledged but has not yet been delivered. These bridge loans are then repaid by the respective governments when they receive the funds that had been promised by the IMF or World Bank.

    The IMF has become known as the "lender of last resort." When a country starts to crumble because of problems with trade deficits or excessive debt burdens, the IMF can step in and bail it out. If the country were a patient in a hospital, the treatment would include a transfusion and other life support measures to just keep the patient alive -- full recovery is not really in view, nor has it ever happened.

    One must remember that rescue operations would not be necessary if it were not for the central banks, international banks, the IMF and the World Bank leading these countries into debts they cannot possibly ever repay in the first place.
    ===

    The above, however, reflects the past more than the future. While the US Dollar (and US Treasuries, denominated in Dollars) has been king, the IMF, BIS and World Bank have played a less public role.

    With the crash of 2008, the accumulated debt of several major US institutions and corporations was one way or another defaulted. The primary result of the Federal Reserve's quantitative easing over the subsequent years has not been "printing dollars" into the main economy (hence has not caused serious inflation) but rather the result has been the exchange of the illiquid (defaulted) debt paper of failed institutions and corporations for more US Treasury debt paper.

    In 2008, major banks held this illiquid debt paper. Now the US Federal Reserve has that failed debt paper on its books, and the major banks have US Treasury debt paper on their books. The exchange is essentially complete ... that is the real meaning of the announcement three days ago by the Federal Reserve that they are ending Quantitative Easing.

    So now ... the Federal Reserve is defacto bankrupt ... holding massive quantities of illiquid and defaulted assets.

    We are watching a controlled demolition of the current US Dollar based world monetary system, and the wiring and explosives are now in place.

    ===

    That's enough for my opening post. I intend to post a summary of each part of this series of JC Collins', below, over the next day or two.
    Last edited by Paul; 2nd November 2014 at 09:19.

  2. The Following 58 Users Say Thank You to Paul For This Post:

    Abhaya (1st November 2014), Alan (1st November 2014), Aragorn (4th November 2014), arwen (14th February 2015), Aspen (10th February 2015), Calz (3rd November 2014), christian (2nd November 2014), Deega (6th November 2014), Dennis Leahy (13th November 2014), Desire (1st December 2016), Firinn (6th November 2014), Foxie Loxie (19th December 2015), Gardener (12th February 2015), ghostrider (1st November 2014), gripreaper (2nd November 2014), Happyjak (1st November 2014), Hervé (1st November 2014), Ioneo (2nd November 2014), jjjones (1st November 2014), Kimberley (1st November 2014), Krist (6th November 2014), lucidity (4th November 2014), meeradas (1st November 2014), Morbid (15th March 2015), Muzz (20th January 2015), NancyV (1st November 2014), naste.de.lumina (1st November 2014), onawah (12th November 2014), Operator (6th November 2014), PathWalker (2nd November 2014), penn (2nd November 2014), phillipbbg (1st November 2014), ponda (1st November 2014), Rahkyt (7th November 2014), Redstar Kachina (5th November 2014), Reinhard (5th November 2014), Richard S. (2nd November 2014), Rocky_Shorz (6th November 2014), Satori (12th January 2016), seko (6th November 2014), Sophocles (4th November 2014), syrwong (2nd November 2014), TargeT (6th November 2014), Taurean (6th November 2014), The Lawnman (6th October 2016), Timreh (20th December 2014), toppy (2nd November 2014), TrumanCash (3rd November 2014), Valle (2nd November 2014), Vangelo (2nd November 2014), vano915 (9th February 2015), Watching from Cyprus (3rd January 2016), WhiteFeather (1st November 2014), wondering (6th October 2016), Words of Joy (6th November 2014), yelik (1st November 2014), Yetti (10th October 2016), Zanshin (2nd November 2014)

  3. Link to Post #2
    Jamaica Avalon Member
    Join Date
    21st April 2014
    Posts
    512
    Thanks
    247
    Thanked 2,141 times in 442 posts

    Default Re: Global Currency Reset (SDR's and the New Bretton Woods; by JC Collins)

    The International Monetary Fund (IMF) and the World Bank interact only with governments whereas the BIS interacts only with other central banks.


    In other words, they're each criminal cartels.

  4. The Following 10 Users Say Thank You to jake gittes For This Post:

    Aragorn (4th November 2014), Aspen (10th February 2015), Happyjak (1st November 2014), jjjones (1st November 2014), NancyV (1st November 2014), naste.de.lumina (1st November 2014), TargeT (6th November 2014), Watching from Cyprus (3rd January 2016), WhiteFeather (1st November 2014), Yetti (10th October 2016)

  5. Link to Post #3
    Avalon Member
    Join Date
    11th June 2011
    Posts
    2,177
    Thanks
    6,186
    Thanked 13,357 times in 1,921 posts

    Default Re: Global Currency Reset (SDR's and the New Bretton Woods; by JC Collins)

    China launches World Bank rival in Asia

    http://news.yahoo.com/china-20-other...--finance.html

    Beijing (AFP) - China and 20 other countries moved forward on Friday towards setting up an Asian infrastructure lender seen as a counterweight to Western-backed international development banks.

    The signatories put their names to a memorandum of understanding to establish the Asian Infrastructure Investment Bank (AIIB) at a ceremony in the Great Hall of the People in Beijing.

    The institution, whose development has been driven by China, will be based in Beijing according to the official news agency Xinhua, and is expected to have initial capital of $50 billion.

    It is intended to address the region's burgeoning demand for transportation, dams, ports and other facilities, officials say.

    "In China we have a folk saying," Chinese President Xi Jinping told delegates after the signing ceremony. "If you would like to get rich, build roads first, and I believe that is a very vivid description of the importance of infrastructure to economic development."

    China's rise to become the world's second-largest economy has been accompanied by a desire to play a greater role in international organisations, such as the International Monetary Fund, the World Bank and the ADB, which have been dominated by Europe, the United States and Japan.

    But other than China, among Asia's 10 largest economies only India and Singapore signed the AIIB memorandum, with three of the top five -- Japan, South Korea and Indonesia -- notably absent.

    The Japanese head of the Asian Development Bank, another regional lender, said after the signing ceremony that questions remained over the AIIB's structure and that it needed to adhere to international standards.

    "It is vitally important that AIIB adopt international best practices in procurement and environmental and social safeguard standards on its projects and programmes," ADB President Takehiko Nakao said in a statement.

    The Japanese government has expressed concern, while the United States is reportedly fiercely opposed to the AIIB.

    - 'Good practices' -

    China maintained it is open to more countries joining, and said it was still in talks with the US and Japan on the issue.

    "We have maintained communication with the US, Japan, Indonesia and other countries," Chinese foreign ministry spokeswoman Hua Chunying said at a regular briefing.

    "We welcome the participation of other countries in the process, and we will stay in contact with all relevant parties."

    Xi moved to reassure after the signing. "For the AIIB, its operation needs to follow multilateral rules and procedures," he said.

    "We have also to learn from the World Bank and the Asia Development Bank and other existing multilateral development institutions in their good practices."

    The MOU signatories will negotiate the bank's specifics in the coming months and expect to finish by the end of next year, according to a statement from Singapore's finance ministry.

    World Bank President Jim Yong Kim said in July that estimates for infrastructure needs in developing countries are at least $1 trillion annually, far beyond the current capacity of his institution and private investment to handle.

    "We think that the need for new investments in infrastructure is massive and we think that we can work very well and cooperatively with any of these new banks once they become a reality," Kim told reporters in Beijing.

  6. The Following 13 Users Say Thank You to Camilo For This Post:

    Aspen (10th February 2015), Desire (1st December 2016), Gardener (12th February 2015), Happyjak (1st November 2014), jjjones (1st November 2014), lucidity (4th November 2014), NancyV (1st November 2014), penn (2nd November 2014), Reinhard (5th November 2014), Rocky_Shorz (6th November 2014), seko (6th November 2014), WhiteFeather (1st November 2014), Words of Joy (6th November 2014)

  7. Link to Post #4
    United States Avalon Member ghostrider's Avatar
    Join Date
    6th February 2011
    Location
    Sand Springs Ok
    Age
    54
    Posts
    7,428
    Thanks
    9,893
    Thanked 28,583 times in 6,628 posts

    Default Re: Global Currency Reset (SDR's and the New Bretton Woods; by JC Collins)

    global debt is over 150 trillion , printing money and propping it up with illusions leads to only one ending ... the more they print the less it's worth ... they cannot hold the ship afloat much longer ... the collapse is on purpose to lead to a one world global currency ... the revival of the Roman Empire ... When the U.S. borrowed five trillion from China , I knew we were in big trouble ...https://www.youtube.com/watch?v=Yxhb...-URkxB7g4USKpg https://www.youtube.com/watch?v=gTiS...VErr8EYxg8t1dQ
    Raiding the Matrix One Mind at a Time ...

  8. The Following 9 Users Say Thank You to ghostrider For This Post:

    Aspen (10th February 2015), conk (3rd November 2014), Happyjak (1st November 2014), lucidity (4th November 2014), NancyV (1st November 2014), Reinhard (5th November 2014), Watching from Cyprus (3rd January 2016), WhiteFeather (1st November 2014), wnlight (1st November 2014)

  9. Link to Post #5
    United States Avalon Retired Member
    Join Date
    4th January 2011
    Location
    North Texas
    Age
    71
    Posts
    27,723
    Thanks
    28,846
    Thanked 129,166 times in 20,634 posts

    Default Re: Global Currency Reset (SDR's and the New Bretton Woods; by JC Collins)

    There are, in my view, and apparently in the view of JC Collins, the author of this series of posts, some popular misconceptions, as well as some little known realities, about our world monetary situation.

    The BRICS nations, including in particular China, are not (in our view) building up alternative monetary systems, such as clearing houses and investment banks, in order to replace the US Dollar with the Chinese Renminbi as the world's sole reserve currency. Rather they are cooperating in building up such agencies as can be used to replace Dollar denominated facilities with multiple major national and regional currencies, which draw their most senior debt as SDR's from the IMF, not as US Treasury debt from the Federal Reserve, and which by default denominate major international contracts in SDR's, not in US Dollars.

    The US Federal Reserve has not been "running the printing presses". There is more deflation in the US than inflation. Fewer people have jobs, and what jobs there are pay less. The average American home can no longer be used as an ATM (drawing out money from increasing home equity.) Major store chains are closing outlets, even going bankrupt, because there is less money to spend. Car sales and housing starts are down. Price increases tend to be in the more essential goods, like food staples, because increasingly desperate companies are squeezing out what money they can, where they can. The Dollar prices of two benchmark resources, gold and oil, are declining, not rising.

    For the short term, I expect that deflation will become more pronounced in the US, with the price of oil and gold continuing to decline, and with more economic stress from a shortage of money. The resulting depression will justify the beginning of actual, substantial inflation of the public money supply, which will then generate public support for a more globalized, BIS/IMF/SDR based, system of senior debt and control of the national central banks, including subordination of the Federal Reserve to the this global regime.

    The Federal Reserve's increase of M1 money supply has not resulted in a substantial increase in money flowing to the public economy, but rather, as I noted in the first post of this thread, the Federal Reserve has been exchanging highly liquid debt paper (US Treasuries) for illiquid debt paper (failed mortgage bonds and such.) The "bad" paper has been moving from the major banks to the Fed, while the "good" (US Treasury) paper has been moving from the Fed to the major banks.

    The money supply "on the street" is declining. The nominal quality of the assets on JP Morgan's balance sheet has been increasing.

    In Part One of JC Collins series, he goes over the history of the Federal Reserve, and documents the increasing debt burden of the U.S. Treasury and Federal Reserve tag team has been increasing dramatically over the last several decades. Just as the British pound slowly lost its world dominance a century ago, so is the US Dollar losing its dominance now, under an increasing debt burden.

    Quoting JC Collins: "The central banks of the world were buying up U.S. treasuries before the British even accepted that there was a problem with the pound. The same is happening today with the dollar. In fact, most of the world outside the United States has already accepted the demise of the dollar as fact. But the idea is unfathomable to the average American."

    That much, the first half of Part One of this series, is likely fairly well known and accepted by most readers of this material.

    The second half of his Part One introduces a key new (to my reading) focus, which will be essential to understanding the rest of this series.

    Pay close attention to the following ... it's key. I quote JC Collins again:
    On January 9, 2014, I.M.F. Deputy Spokesman William Murray was giving a press briefing. With zero coverage of this briefing in the western media, it’s important to relay what happened when the questioned was asked about the implementation of the 2010 Code of Reforms, or Governance Reforms. Mr. Murray answered by stating:

    “The legislative process is underway right now. We want the reforms to be adopted expeditiously. It’s really the U.S. Treasury, Jack Lew and his team that’s taking the lead on getting these measures through the U.S. Congress that are required to implement the 2010 reforms.”

    It seems both the U.S. Treasury and the I.M.F. are very anxious about these reforms. So what are they?

    “Just to remind you what those are, the 2010 reforms do a couple things. One, they bring four dynamic emerging market countries into the top 10 shareholder ranks or what we call quota ranks of the institution. China, Brazil, Russia, India. It also doubles our permanent capital, the quota. And it also creates a fully elected Executive Board.”

    This tells us a few important things. One, the influence of the BRICS countries within the structure of the I.M.F. is going to be greatly expanded. ...

    Second, it’s telling us that the BRICS countries are bringing capital with them. Enough capital in fact, to double what the I.M.F. presently holds on reserve. ...

    Thirdly, expanding the influence of the BRICS countries within the structure of the I.M.F. also “creates a fully elected Executive Board”. ...

    On August 5, 2013, the Peoples Bank of China called for a “New Bretton Woods” system where the U.S. dollar would be removed as the world’s primary reserve currency. It also called for an expanded usage of the SDR and for the new system to be supported by gold.
    There you have it, hiding in plain sight ... the expansion of the IMF facilities, with major support from China, to provide the new "senior debt" paper for this planet's monetary system.

    The key message (in my words):
    Babylonian Money Magic continues to be a central mechanism for controlling humanity. It depends on creating money as debt that encumbers the future labor and property of humanity, and that debt must be restructured periodically, using the excess debt burden on existing public governments and corporations to control, even crush, them and using the creation of new, more senior, debt by a more global agency to refinance the failing debt and to further centralize control over humanity.
    Last edited by Paul; 2nd November 2014 at 09:23.

  10. The Following 24 Users Say Thank You to Paul For This Post:

    Antagenet (28th December 2014), Aragorn (4th November 2014), Calz (4th November 2014), christian (6th November 2014), Desire (1st December 2016), Gardener (12th February 2015), Griff (9th November 2014), gripreaper (2nd November 2014), learninglight (3rd November 2014), Muzz (20th January 2015), NancyV (1st November 2014), naste.de.lumina (1st November 2014), onawah (12th November 2014), PathWalker (2nd November 2014), peggy englebrake (2nd October 2016), ponda (1st November 2014), Rahkyt (7th November 2014), Reinhard (5th November 2014), seko (6th November 2014), TargeT (6th November 2014), TrumanCash (3rd November 2014), Watching from Cyprus (3rd January 2016), wnlight (1st November 2014), Words of Joy (6th November 2014)

  11. Link to Post #6
    Brazil Unsubscribed
    Join Date
    4th April 2013
    Age
    50
    Posts
    1,453
    Thanks
    11,308
    Thanked 7,529 times in 1,350 posts

    Default Re: Global Currency Reset (SDR's and the New Bretton Woods; by JC Collins)

    exchange of puppets

  12. Link to Post #7
    United States Avalon Retired Member
    Join Date
    4th January 2011
    Location
    North Texas
    Age
    71
    Posts
    27,723
    Thanks
    28,846
    Thanked 129,166 times in 20,634 posts

    Default Re: Global Currency Reset (SDR's and the New Bretton Woods; by JC Collins)

    The role of gold in all this ... gold is the primary marker of the "top dog lender".

    For example, during the 1930's and early 1940's, Japan sucked up much of the gold in the Orient and Germany sucked up much of the gold in Europe. Then the US defeated Germany and Japan and sucked up the combined gold. Immediately thereafter, Bretton Woods was held, and the US Dollar became the world's reserve currency, and more importantly, the US Federal Reserve / US Treasury became the issuers of the most senior, most liquid, debt paper on the planet.

    To expand my one-liner from above:
    Where goes the gold, there goes the control of the world's most senior debt paper, and then there goes control of the world's major political and corporate institutions.
    More tersely, the famous bastardization of the Golden Rule:
    He who has the gold, rules.
    The gold would now seem to be flowing to the BRICS nations, especially China and Russia. However they are collecting this gold in order to "fund" a major role in the IMF, with the intent of supporting a dominant global role for the BIS/IMF. The gold is only en route, to the BIS/IMF global monetary control agencies.

    Gold bugs (and silver bugs ... I've a silver coin myself, that keeps losing value) may be in for a surprise. The gold in private hands is no longer a substantial and reliable means of preserving wealth. It likely will not rise (in nominal US Dollar price) as much as hoped, and what nominal profits there are risk being taxed. If the $US price of gold rises from $1200 to $2400, due to the worth of the US Dollar falling in half, and if they institute a 50% "wind-fall" profits tax on that increase, then the gold bug risks getting back only $900 in constant 2014 dollars for his $1200, after all is said and done.

    Even former Fed Chairman Alan Greenspan said "gold is a good place to put money these days" a few days ago, here.

    The reasons for all the alternative media "buy gold" propaganda in recent years are in my view not so obvious, and include:
    • Sowing the meme of economic/financial/monetary collapse, in order to "make it so."
    • Sucking gold out of the West, as part of forcing its collapse.
    So long as most of the gold went to the BRICS nations, it didn't matter that a few coins here and there got stacked elsewhere ... any gold in the hands of small-fry can be taxed or confiscated easily enough, whenever it is so desired.
    Last edited by Paul; 2nd November 2014 at 07:10.

  13. The Following 15 Users Say Thank You to Paul For This Post:

    Calz (4th November 2014), Desire (1st December 2016), gripreaper (2nd November 2014), NancyV (1st November 2014), naste.de.lumina (1st November 2014), PathWalker (2nd November 2014), peggy englebrake (2nd October 2016), penn (2nd November 2014), ponda (1st November 2014), Rahkyt (8th November 2014), Reinhard (5th November 2014), seko (6th November 2014), Vangelo (2nd November 2014), Watching from Cyprus (3rd January 2016), Words of Joy (6th November 2014)

  14. Link to Post #8
    United States Avalon Member gripreaper's Avatar
    Join Date
    2nd January 2011
    Posts
    3,979
    Thanks
    9,625
    Thanked 29,638 times in 3,742 posts

    Default Re: Global Currency Reset (SDR's and the New Bretton Woods; by JC Collins)

    And if just one state, such as California, had the wherewithal to institute its own state currency like North Dakota has done, that move alone would be enough to trigger a default of the debt and stabilize trade in that region. California's economy is larger than most nations, and is one sixth of all of the US market.

    You see, debt is a fabricated obligation designed to suck out all of the energy of the population in exchange for presumed assets, which are not lawful equity, but only posessionary, IF we adhere to the fiat system of debt and slavery.

    The answer is for a remnant, about 15% of the population, to refuse to support the system any longer and to develop their own system of trade. This could be facilitated once we are no longer bound to the oil and electric cartels and the ususry associated with these monopolistic cartels, the same banksters who instituted the fiat system.

    The challenge is, most of the world is vested in this system and has poured all their energy into it, and continues to support the debt and war paradigm of the military industrial complex, for fear of losing what they still perceive as assets. Once they realize there ARE NO assets, then they will have nothing to lose...

    And as Gerald Celente so eloquently states: "When people have nothing to lose, they lose it" People are starting to lose it because they are so squeezed, as Paul has stated, the additional debt currency has gone to shift the power amongst the globalists chess pieces and has not flowed into the economies for value added, or for consumption of value added, and this creates consternation amongst the populace.

    This is also by design. How we react to this will ultimately determine what kind of future we get. We do not have to sign up for the new global Special Drawing Rights system being implemented by the United Nations and the IMF. If we could figure out who the top 13 families are who run things and we could tap into the astral where they get their marching orders, we could usurp their power, but we must wake up and we must see the big picture, at least enough of us to shift the energetics of the curse "trusts" holding this hologram of debt and slavery in place. It could go exponential at that point.

    Very good synopsis Paul and very well laid out for all to see.
    Last edited by gripreaper; 2nd November 2014 at 06:14.
    "Lay Down Your Truth and Check Your Weapons
    The Next Voice You Hear Will Be Your OWN"
    https://www.youtube.com/watch?v=IhS69C1tr0w

  15. The Following 18 Users Say Thank You to gripreaper For This Post:

    Calz (4th November 2014), Desire (1st December 2016), Gardener (13th February 2015), Griff (9th November 2014), Limor Wolf (6th November 2014), NancyV (5th November 2014), naste.de.lumina (2nd November 2014), PathWalker (2nd November 2014), Paul (2nd November 2014), Rahkyt (8th November 2014), Reinhard (5th November 2014), Rocky_Shorz (6th November 2014), Sebastion (2nd November 2014), seko (6th November 2014), TargeT (6th November 2014), Vangelo (2nd November 2014), Words of Joy (6th November 2014), Zanshin (2nd November 2014)

  16. Link to Post #9
    United States Avalon Member Vangelo's Avatar
    Join Date
    24th January 2011
    Location
    Massachusetts
    Posts
    93
    Thanks
    434
    Thanked 364 times in 75 posts

    Default Re: Global Currency Reset (SDR's and the New Bretton Woods; by JC Collins)

    Quote Posted by Paul (here)
    The role of gold in all this ... gold is the primary marker of the "top dog lender".
    ...
    So long as most of the gold went to the BRICS nations, it didn't matter that a few coins here and there got stacked elsewhere ... any gold in the hands of small-fry can be taxed or confiscated easily enough, whenever it is so desired.
    I guess holding gold or silver is not the answer for the general public? Then I presume that means the wealthy are not holding it either. Is that correct? If not, what are they going to do with their wealth?
    Happiness comes from within, nowhere else.

  17. The Following 2 Users Say Thank You to Vangelo For This Post:

    seko (6th November 2014), TargeT (6th November 2014)

  18. Link to Post #10
    United States Avalon Retired Member
    Join Date
    4th January 2011
    Location
    North Texas
    Age
    71
    Posts
    27,723
    Thanks
    28,846
    Thanked 129,166 times in 20,634 posts

    Default Re: Global Currency Reset (SDR's and the New Bretton Woods; by JC Collins)

    Quote Posted by Vangelo (here)
    I guess holding gold or silver is not the answer for the general public? Then I presume that means the wealthy are not holding it either. Is that correct? If not, what are they going to do with their wealth?
    The very wealthy are likely holding some gold, and some property and some working businesses, and some natural resources (minerals, water, farm land, ...) and some homes and lord knows what else.

    Much of their "wealth" is in their power over other individuals and organizations and entire societies, as passed on from generation to generation of family that have not been atomized like the families of most of us peons, and as supported by secretive organizations that have possess knowledge hidden (occult) from us peons.

    Not all the very wealthy will remain very wealthy, and no doubt some of the very, very wealthy have a better inside scoop on what's really going down and its timing, so can adapt better.

    Gold and silver might still be a useful "answer" for the general population -- better than whatever is their present day national currency, and resilient in the face of high or very high inflation.

    Think of this like going camping to an unknown destination. You actually don't know what you're going to need, so you take along a little bit of everything, for hot, cold, wet, dry, desert, jungle, moutain, plain, ...

  19. The Following 13 Users Say Thank You to Paul For This Post:

    Calz (4th November 2014), Desire (1st December 2016), Gardener (13th February 2015), gripreaper (3rd November 2014), Muzz (20th January 2015), NancyV (5th November 2014), naste.de.lumina (3rd November 2014), PurpleLama (2nd November 2014), Rahkyt (8th November 2014), Reinhard (5th November 2014), seko (6th November 2014), Vangelo (3rd November 2014), Watching from Cyprus (3rd January 2016)

  20. Link to Post #11
    United States Avalon Retired Member
    Join Date
    4th January 2011
    Location
    North Texas
    Age
    71
    Posts
    27,723
    Thanks
    28,846
    Thanked 129,166 times in 20,634 posts

    Default Re: Global Currency Reset (SDR's and the New Bretton Woods; by JC Collins)

    In Part Two of JC Collins series, he begins with a story about a farmer, working hard with a shovel, handing some coins to his son, noticing that he's working harder and his money buying less. This is a symptom, that the farmer could not explain, of the natural birth-death cycle of monetary systems based on debt-money -- money lent into existence.

    As the debt accumulates, it becomes more than can be paid back from the labor and resources of the borrower, and must be repackaged. The "debt eventually needs to be consolidated and repackaged as new securities instruments". This happened to Rome, as its currency was debased and the empire collapsed. It happened to the British pound, and it's now happening to the US Dollar and Treasury debt. That is the natural birth and death cycle of such monetary systems.

    What was once the macro lender, the creator of the most senior and liquid debt paper, becomes another micro lender, borrowing from the new macro lender.

    For the last half century, nations other than the US have typically borrowed money by issuing US Dollar denominated bonds, but used various national currencies internally. This will now happen to the US as well. The existing US Federal Reserve / US Treasury debt will be refinanced by borrowing from the IMF in SDR denominated debt, and a new US Treasury issued national dollar (what Jim Willie calls the Scheiss Dollar) will be used internally within the US.

    This is changing. That change is reflected in the changes occurring in the IMF. The IMF has been dominated by the US for the last half century.
    1. The US held veto control over IMF actions will come to an end. Executive control of the IMF will reside in an entirely elected board of IMF directors.
    2. The basket of currencies which determined the value of SDRs contained just four currencies, the U.S. dollar, the Euro, Japanese Yen, and the British Pound, will be extended to include the currencies other major nations, in particular the Chinese Renminbi and the currencies of some other BRICS nations.
    With the acceptance by all nations (except so far the US, but that acceptance will surely come soon) of the 2010 I.M.F. Code of Reforms, this all changes. The US will no longer dominate either the executive control of the IMF, nor the composition of its "basket of currencies".

    The major existing imbalances and unpaid debt and resources are being balanced out, in terms of the new "macro" (SDR) senior debt. Resource rich countries such as Canada and Australia will see stronger currencies. The main holders of US debt, especially China, are receiving much of the central bank held gold, while various US institutions are being stripped of that gold.

    Quoting JC Collins:
    Quote But before these [SDR denominated] bonds can be issued, accounts require balancing. This is what we are seeing in the world right now. The gold is going east to China. New oil and gas deals are being brokered.
    ...
    The U.S. owes a great debt to China and because of this China is allowed to import all the gold. This gold will ensure the transfer of Fed liabilities to the Renminbi composition. The Renminbi will be international, the Yuan in house. Just like the dollar will be split into an international exchange and an in country exchange. The Treasury being severed from the Federal Reserve. The micro [US internal dollar is] being severed from the macro [the new macro, the IMF issued, SDR denominated, debt.]
    The life and death cycle of debt based monetary systems continues, as the once dominate "macro" (most senior) currency is subordinated and consolidated, becoming "micro" to the new "macro" currency.

  21. The Following 13 Users Say Thank You to Paul For This Post:

    Calz (4th November 2014), Desire (1st December 2016), Gardener (13th February 2015), Griff (9th November 2014), NancyV (5th November 2014), naste.de.lumina (3rd November 2014), onawah (12th November 2014), PathWalker (4th November 2014), Rahkyt (8th November 2014), Reinhard (5th November 2014), Rocky_Shorz (6th November 2014), seko (6th November 2014), Watching from Cyprus (3rd January 2016)

  22. Link to Post #12
    United States Avalon Retired Member
    Join Date
    4th January 2011
    Location
    North Texas
    Age
    71
    Posts
    27,723
    Thanks
    28,846
    Thanked 129,166 times in 20,634 posts

    Default Re: Global Currency Reset (SDR's and the New Bretton Woods; by JC Collins)

    Last week, I wrote in another thread:
    "They" are waiting ... for the right time to use the mass fear of a global Ebola pandemic to assist in the transition to a new monetary/financial system. That time appears to becoming early next year, in my view. See further this article of JC Collin's for how that can play out: Global Pandemic and Quarantine -- A Very Convenient Ebola Outbreak.

    I predict that by early 2015 either
    1. the US lame duck Congress will have passed the long stalled 2010 IMF Code of Reforms, as explained in JC Collin's A Global Currency Reset -- Changing the Architecture of the Financial World, or
    2. the manipulation of the price of Gold and Silver will end, with China offering to purchase gold at a price perhaps twice that of the current price, as described in this article at "Adask's law" blog.

    There are two key errors in that Adask Law blog article -- the Youtube video at the end of the article is the wrong one, and the link to Harvey Organ's long standing and highly respected blog is no longer working, because Harvey Organ's blog was taken down, by secret court order, totally and suddenly, without notice, shortly after he posted this prediction that China would end the manipulation of the price of Gold and Silver in the coming months.

  23. The Following 13 Users Say Thank You to Paul For This Post:

    Desire (1st December 2016), Gardener (13th February 2015), Griff (9th November 2014), NancyV (5th November 2014), naste.de.lumina (3rd November 2014), onawah (12th November 2014), PathWalker (4th November 2014), Rahkyt (8th November 2014), Redstar Kachina (5th November 2014), Reinhard (5th November 2014), Rocky_Shorz (6th November 2014), Valle (4th November 2014), Watching from Cyprus (3rd January 2016)

  24. Link to Post #13
    United States Avalon Retired Member
    Join Date
    4th January 2011
    Location
    North Texas
    Age
    71
    Posts
    27,723
    Thanks
    28,846
    Thanked 129,166 times in 20,634 posts

    Default Re: Global Currency Reset (SDR's and the New Bretton Woods; by JC Collins)

    In Part Three of JC Collins series, he provides a quick review of past IMF and BIS actions that led (intentionally) to the current situation.

    The key actions were the three Basel Accords, Basel I (published 1988), Basel II (published 2004), and Basel III (published 2010), and the 2010 IMF Code of Reforms.

    The Basel Accords impose increasingly strict regulations and minimum capital requirements on banks, and the 2010 IMF Code of Reforms set the stage to replace US Dollar denominated debt with IMF SDR denominated debt, and for SDR's, not US Dollars, to become the typical monetary unit in which major international contracts are denominated. The SDR will replace the Dollar in these roles.

    The Basel Accords (likely deliberately) contributed to the crash of 2008. The U.S. Gramm–Leach–Bliley Act of 1999 allowed banks to invest in securities and derivatives. This supported the immense accumulation of mortgage backed securities, and bundles of those securities, and derivatives of those securities ... in the early 2000's. Then the Basel II Accord of 2004, which took effect primarily around 2008, clamped down on banking reserve requirements, helping to provoke the crisis. Fatten the turkey, then chop the fat.

    The major US banks have complied with Basel II by swapping their illiquid mortgage backed securities and derivatives with the US Federal Reserve, for US Treasuries. That is what Quantitative Easing has been all about, not about inflating the supply of US Dollars lent into the general economy. Now the US Federal Reserve has an enormous pile of illiquid securities on its balance sheet, which it will liquidate over the next few years by issuing SDR denominated bonds

    The IMF will become the controlling agency for the exchange value of SDRs, as a "basket" of major currencies, plus gold and perhaps a couple other items. Central banks, including the US Federal Reserve, will issue senior debt denominated in SDR's, rather than the current "reserve currency", US Dollars.
    • Problem: Over the last two decades, the amount of debt held by Europe, Japan, the US, and Western allies has expanded enormously, culminating in the subprime mortgage crisis of 2008.
    • Reaction: Tighter Basel III accords imposing increasingly strict regulations and minimum capital requirements on banks.
    • Solution: World senior debt and major contracts denominated in SDR's, as defined by the IMF, rather than Dollars, as defined by the US.
    (Well, that might count as a "solution" if you're one of the bastards in power, intent on controlling the world, including the US, using Babylonian Money Magic ... but I doubt that most Americans will think much of this "solution".)

    The IMF goes from being controlled by the US, to being controlled by a board of governors elected by all the major economies, including China in a major role. In turn, the IMF controls lending to member nations, and controls the value of the SDR as a basket of gold and several major currencies. Both IMF lending to member nations in debt (such as the US) and the lending of major central banks of regions and large nations, will be denominated in SDR's, not US Dollars.

    Funding to the IMF will increase substantially from member nations, especially from China and Russia, which now have large gold reserves. This will increase the lending capacity of the IMF substantially, and the US will soon enough become the largest borrower of SDR denominated debt, while China will become the largest lender of such.

    Many another nation, including Argentina multiple times, has learned how painful it is to borrow in a currency the value of which is controlled by forces (bankers) outside that nation. If the ability of that nation to earn export credits in that external currency weakens, then it can force painful austerity on them, trying to earn the "foreign" currency required to pay their debt. The US will be learning this first hand. It will no longer be in control of the currency in which it owes money. The US Treasury will have to borrow money from the Federal Reserve in SDR denominated bonds, but will pay the bills and "social benefits" of the US government in national, US Treasury issued, dollars, and will collect taxes in those same Treasury dollars (what Jim Willie calls the Scheiss Dollar).

    The weaker the foreign exchange value of those US Treasury issued dollars, the more difficult it will be for the taxes collected in US Treasury dollars (now a mere national currency) to cover the debt payments of the US government, when converted to SDR units.

    Recent migrants to the US from Argentina (or a host of other nations) will feel right at home.

    The US will "surrender [its] economic sovereignty" to an IMF which it no longer dominates.

    A key marker for this surrender will be the US acceptance of the 2010 IMF Code of Reforms, which double the funding of the IMF from member nations, which remove the US from its controlling role in the IMF, and which elevate China to one of the top three (in voting and funding weight) nations in the IMF.

    That US surrender will, I forecast, come in the lame duck session of the US Congress, in November or December of 2014, or early January 2015, at the latest. If the US Congress doesn't accept this subordination of sovereignty to the BIS/IMF, then severe pressure can be put on the big Western banks, by China offering to buy gold for perhaps double the current US Dollar price set by the West.
    Last edited by Paul; 4th November 2014 at 16:21.

  25. The Following 9 Users Say Thank You to Paul For This Post:

    Gardener (13th February 2015), naste.de.lumina (5th November 2014), onawah (12th November 2014), PathWalker (4th November 2014), Rahkyt (8th November 2014), Reinhard (5th November 2014), Rocky_Shorz (6th November 2014), seko (6th November 2014), Watching from Cyprus (3rd January 2016)

  26. Link to Post #14
    United States Avalon Retired Member
    Join Date
    4th January 2011
    Location
    North Texas
    Age
    71
    Posts
    27,723
    Thanks
    28,846
    Thanked 129,166 times in 20,634 posts

    Default Re: Global Currency Reset (SDR's and the New Bretton Woods; by JC Collins)

    A side bit of research - the IMF quotas, which 2010 IMF Code of Reforms adjust to give higher weighting to emerging markets, including to China, are nicely described on this IMF factsheet:

    ~~~~~~~~~~~~~~~~~

    IMF Quotas (October 3, 2014)

    When a country joins the IMF, it is assigned an initial quota in the same range as the quotas of existing members of broadly comparable economic size and characteristics. The IMF uses a quota formula to help assess a member’s relative position.

    The current quota formula is a weighted average of GDP (weight of 50 percent), openness (30 percent), economic variability (15 percent), and international reserves (5 percent). For this purpose, GDP is measured through a blend of GDP—based on market exchange rates (weight of 60 percent)—and on PPP exchange rates (40 percent). The formula also includes a “compression factor” that reduces the dispersion in calculated quota shares across members.

    Quotas are denominated in Special Drawing Rights (SDRs), the IMF’s unit of account. The largest member of the IMF is the United States, with a current quota of SDR 42.1 billion (about $65 billion), and the smallest member is Tuvalu, with a current quota of SDR 1.8 million (about $2.78 million).

    Quotas play several key roles in the IMF

    A member's quota determines that country’s financial and organizational relationship with the IMF, including:­

    Subscriptions (quota share). A member's quota subscription determines the maximum amount of financial resources the member is obliged to provide to the IMF. A member must pay its subscription in full upon joining the Fund: up to 25 percent must be paid in SDRs or widely accepted currencies (such as the U.S. dollar, the euro, the yen, or the pound sterling), while the rest is paid in the member's own currency.

    Voting power (voting share). The quota largely determines a member's voting power in IMF decisions. Each IMF member’s votes are comprised of basic votes plus one additional vote for each SDR 100,000 of quota. The 2008 reform fixed the number of basic votes at 5.502 percent of total votes. The current number of basic votes represents close to a tripling of the number prior to the implementation of the 2008 reforms.

    Access to financing. The amount of financing a member can obtain from the IMF (its access limit) is based on its quota. For example, under Stand-By and Extended Arrangements, a member can borrow up to 200 percent of its quota annually and 600 percent cumulatively. However, access may be higher in exceptional circumstances.
    ~~~~~~~~~~~~~~~~~

  27. The Following 8 Users Say Thank You to Paul For This Post:

    Griff (9th November 2014), naste.de.lumina (5th November 2014), onawah (12th November 2014), PathWalker (4th November 2014), Rahkyt (8th November 2014), Reinhard (5th November 2014), Rocky_Shorz (6th November 2014), Watching from Cyprus (3rd January 2016)

  28. Link to Post #15
    Israel Avalon Member PathWalker's Avatar
    Join Date
    27th June 2010
    Location
    Israel
    Age
    55
    Posts
    1,419
    Thanks
    6,729
    Thanked 6,648 times in 1,061 posts

    Default Re: Global Currency Reset (SDR's and the New Bretton Woods; by JC Collins)

    Thank you Paul for the briefing.
    I find them most informative.

    Personally I do not believe the financial entangled power hungry elite, will ever survive the coming collapse. Due to their inner fighting and greed. They live by greed and fall by greed. It is a law of nature.

    I am waiting for the domino effect to start. Once it crumbles, the system will lose its confidence. Any trade/financial system is based on confidence/trust.

    Something new and fresh will rise from the ashes. And the new system is not planned by the elite, nor controlled by them (yet they try, they must).
    Last edited by PathWalker; 4th November 2014 at 20:40.
    We are playing a virtual reality game, of duality. In the game of choices, align your choices with your ideals. Everything is whole, complete and perfect. Even yourself. Love is the power to change/create.

  29. The Following 2 Users Say Thank You to PathWalker For This Post:

    NancyV (8th November 2014), naste.de.lumina (5th November 2014)

  30. Link to Post #16
    United States Avalon Retired Member
    Join Date
    4th January 2011
    Location
    North Texas
    Age
    71
    Posts
    27,723
    Thanks
    28,846
    Thanked 129,166 times in 20,634 posts

    Default Re: Global Currency Reset (SDR's and the New Bretton Woods; by JC Collins)

    Quote Posted by PathWalker (here)
    Thank you Paul for the briefing.
    I find them most informative.

    Personally I do not believe the financial entangled power hungry elite, will ever survive the coming collapse. Due to their inner fighting and greed. They live by greed and fall by greed. It is a law of nature.

    I am waiting for the domino effect to start. Once it crumbles, the system will lose its confidence. Any trade/financial system is based on confidence/trust.

    Something new and fresh will rise from the ashes. And the new system is not planned by the elite, nor controlled by them (yet they try, they must).
    My current view is that, at one level, the financial bastards will lose, but at a "higher" level, the world's financial/monetary/economic system is being reconstituted, once again, on a grander, more unified, scale. Some Rothschild/Rockefeller minions are walking off tall buildings and committing nail-gun suicide, but in no way are we heading toward a system not planned and not controlled by some elite.

    Rather, once again, as has happened so often before, the system is being reconstituted in a more integrated fashion, this time with more evident global institutions and agreements replacing the hegemony of the US, which it had inherited from the British empire. Old debts, including sovereign debt on a grand scale, will be defaulted or reissued or otherwise adapted to the new global monetary system.

    But I'm just re-stating JC Collin's position ... with which I mostly agree ... for now.

  31. The Following 8 Users Say Thank You to Paul For This Post:

    Gardener (13th February 2015), NancyV (8th November 2014), naste.de.lumina (5th November 2014), onawah (12th November 2014), Rahkyt (8th November 2014), Rocky_Shorz (6th November 2014), TargeT (6th November 2014), Watching from Cyprus (3rd January 2016)

  32. Link to Post #17
    Brazil Unsubscribed
    Join Date
    4th April 2013
    Age
    50
    Posts
    1,453
    Thanks
    11,308
    Thanked 7,529 times in 1,350 posts

    Default Re: Global Currency Reset (SDR's and the New Bretton Woods; by JC Collins)

    Hello Paul.
    Thanks for the intelligent analysis.

    Perhaps that information posted by a friend GoodETxSG in the link below will influence future analyzes.

    http://projectavalon.net/forum4/show...l=1#post897301

    Last edited by naste.de.lumina; 5th November 2014 at 12:04.

  33. Link to Post #18
    United States Avalon Retired Member
    Join Date
    19th June 2013
    Posts
    642
    Thanks
    797
    Thanked 2,732 times in 543 posts

    Default Re: Global Currency Reset (SDR's and the New Bretton Woods; by JC Collins)

    ..........
    Last edited by Redstar Kachina; 4th April 2015 at 23:14.

  34. The Following 2 Users Say Thank You to Redstar Kachina For This Post:

    naste.de.lumina (6th November 2014), Paul (6th November 2014)

  35. Link to Post #19
    United States Avalon Retired Member
    Join Date
    4th January 2011
    Location
    North Texas
    Age
    71
    Posts
    27,723
    Thanks
    28,846
    Thanked 129,166 times in 20,634 posts

    Default Re: Global Currency Reset (SDR's and the New Bretton Woods; by JC Collins)

    In the blog post A Time to Harvest a few days ago, JC Collins summarized where he sees this heading better than I can:

    ~~~~~~~~~~~~~~~~
    ... we are seeing the CSI, Cultural and Socioeconomic Interception, of deflation begin to broaden as the economic policies of central banks around the world further deepen the monetary challenges. These challenges will continue to herd the countries of the world into the liquidity crisis and solution to the liquidity problem by way of SDR denominated bonds.

    As Russia’s Putin recently stated about the west, “playtime is over”. ...

    Wealth is being consolidated on a massive scale which is why there are so many distractions to divert the attention of the disorganized masses away from the process. The harvest of our time and labor is about to be trucked away in the dumps of deflation.

    This will be followed closely by the new liquidity of SDR bonds. Every country in the world is on the verge of collapse, herded to the precipice of disaster, by the machinations of the Bank for International Settlements. Nothing has been left to chance. Resistance in actualization is non-existent, and only fabricated stories of pointless complexity keep feeding the gossip vine of the disorganized masses.

    The harvest is upon us.
    ~~~~~~~~~~~~~~~~

    That's a fine turn of phrase: "fabricated stories of pointless complexity". There are no doubt a few such stories to be found even on this August forum.

    Then in another blog post The Ottoman Multilateral Model, JC Collins continues in this vein:

    ~~~~~~~~~~~~~~~~
    But we have also discussed how all things eventually corrupt and we will likely see the SDR liquidity system turn into a monster of what we have experienced over the last 5 years. A debt based liquidity system is fundamentally flawed in that the purpose of liquidity is to service debt and not promote production.

    Perhaps the world can maintain a level of multilateral functionality for decades, bringing purpose and inclusion to all the cultures and peoples on the planet. And perhaps even the self-limiting of the rent seeking elite can be maintained. But it’s difficult to imagine how this can be sustained for the long term. Eventually someone or group of interests will find away to create imbalances in the bi-directional wealth transfer. And perhaps even the austerity and broader mandates of the system are meant to create a deeper imbalance than what exists today.

    What is for certain is that the world is becoming smaller and more multilateral. Beautiful architecture and structures around the world, like the Blue Mosque of the Ottoman’s in Turkey, attest to the wonderfully diversity of people and culture. The unipolar world of US dollar hegemony is over and a new multilateral model is unfolding in real time. Don’t blink, because we are on the verge of a “fall of the Berlin Wall” moment.
    ~~~~~~~~~~~~~~~~

    My understanding of all this keeps shifting (some might say that shifting is required to adapt to my continuingly failing forecasts <grin>) ... but my present understanding is that the above comments of JC Collins are the clearest and most prescient comments that I've seen on our present monetary/financial/economic situation and evolving events.
    Last edited by Paul; 6th November 2014 at 09:02.

  36. The Following 11 Users Say Thank You to Paul For This Post:

    Antagenet (28th December 2014), Calz (6th November 2014), Gardener (13th February 2015), Griff (9th November 2014), Jean-Marie (6th November 2014), naste.de.lumina (6th November 2014), onawah (12th November 2014), PathWalker (7th November 2014), Selene (7th November 2014), Watching from Cyprus (3rd January 2016)

  37. Link to Post #20
    United States Avalon Retired Member
    Join Date
    4th January 2011
    Location
    North Texas
    Age
    71
    Posts
    27,723
    Thanks
    28,846
    Thanked 129,166 times in 20,634 posts

    Default Re: Global Currency Reset (SDR's and the New Bretton Woods; by JC Collins)

    Quote Posted by Buddha's Palm (here)
    Conflict in the Middle East culminating in an 'Event X' scenario is expected to result in a hard reset of the global economy.

    http://event-x.blogspot.com
    They need to stampede this herd of buffalo (Americans and close allies) over the cliff of the demise of the US Dollar as the world's reserve currency, onto the Great Plains of world-wide debt instruments that are denominated in world central bank controlled monetary units and administered by world central bank regulated institutions.

    The US Congress and President will accept the 2010 IMF Code of Reforms, likely in December 2014.

    That will signal the next sequence of events, resulting in
    1. whatever chaos is required to get Americans to turn in their Federal Reserve Notes (FRNs) for US Treasury issued notes, and
    2. whatever funding shortage (others not willing to purchase US debt denominated in FRNs) is required to get the US Federal government to start borrowing SDR denominated bonds instead.
    This leads to the end of Americans paying for the goods and services of the rest of the world with bombs and bullets (whether exploded or exported), with stolen oil, gold and heroin, with bonds payable in the nation's own currency, and with full spectrum surveillance. The Babylonian Money Magic (debt-based money) and surveillance will of course continue, but to serve a "higher" master.

    The above entails the restructuring of the Federal Reserve's balance sheet, from US Dollar denominated debt (much of it illiquid mortgage backed securities picked up during various "Quantitative Easing" programs) to SDR denominated debt. We will then see why Congressman Ron Paul was permitted to sow the meme of auditing and restructuring the Federal Reserve.

    We will first see further deflation, including restricted lending to individuals, businesses and governments, a resulting shortage of money and declining spending, declines in the stock and bond market (hence rising Treasury interest rates), failures of various retirement and insurance plans, failures of various financial institutions, and declining real value of Social Security, Medicare and Obamacare funding.

    We will then see inflation, as new SDR denominated US government debt funds an increase in issuance of US Treasury "printed" currency.

    That will lead, as has happened so often in other nations that got overly indebted to IMF controlled instruments, to austerity within the US, for several years, as we struggle to get out from under the excessive debt burden.

    I do not anticipate an -actual- massive and near extinction Event X. Rather the "stampede" of the American population and its financial institutions will be whatever is sufficient to ensure the intended result, which is the subordination of the US monetary system to BIS rules and IMF defined SDR denominated debt. The overall destruction and murder need not be massively greater than necessary to achieve that end.

    Mostly, they will be distracting us six ways from Sunday with a variety of "impending disasters and scary news events", sufficient to ensure that they maintain control and we remain confused and afraid. Tens of thousands, or at worst tens of millions, will die catastrophically, but not the six billion forecast on the Georgia Guidestones

    They have long since demonstrated their robust capacity to keep us thus confused and afraid.

    The distractions on the Nightly News, Alternative Media and Web "Conspiracy" Forums will continue for several years at a minimum, more likely 10 or 20 years, before America emerges from this tumultuous period.

    The fall of the Soviet Empire will be the most useful precursor event to understand, not the Rise and Fall of the Third Reich.

  38. The Following 10 Users Say Thank You to Paul For This Post:

    Gardener (13th February 2015), Griff (9th November 2014), Jean-Marie (6th November 2014), kevlor (11th November 2014), naste.de.lumina (6th November 2014), onawah (12th November 2014), PurpleLama (6th November 2014), Rahkyt (8th November 2014), Selene (7th November 2014), Watching from Cyprus (3rd January 2016)

+ Reply to Thread
Page 1 of 22 1 11 22 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts