Apr 112015
 

castle_romeo1_0

Zero Hedge: “The talk is even growing within mainstream circles that China is about to decouple from the U.S. economy and, along with the BRICS nations, structure a new Asian-centric financial system that will “stick it” to the Western financial elites. This, however, is too simplistic a notion.

We are talking about the REAL economy in this series; and in the real economy, no nation with a central bank actually “breaks” from the New World Order. In fact, all conflicts between the East and West are only serving to further the cause of globalists and Fabian socialists.

China alone does not have the capacity to replace the U.S. as a primary driver for the global economy, nor does the Yuan have the capacity to replace the dollar as a world reserve currency. However, this is not China’s goal. It never has been China’s goal. China’s only purpose in its historic fiscal expansion has been to achieve inclusion in what the IMF calls the “global economic reset.” Part of this reset is the introduction of the IMF global currency basket system, or Special Drawing Rights (SDR), as a kind of centralized control mechanism for all currencies around the world. The IMF and China have continuously called for the SDR basket system to replace the U.S. dollar as the world reserve currency.”

Opinion: I agree and said so in the book: Fiction? you tell me.

“An economic meeting convened with top administration officials, including former Obama economic advisor Larry Summers, Federal Reserve chairman Janet Yellen, and CIA head John Brennan. This special session was chaired by the current Treasury secretary, Jack Lew.

As the top-secret meeting got under way, John Brennan had disturbing news to share. He informed the group that there was urgent intel from our people on the ground in the Far East. China was about to make a move with support from Japan, Russia, and the European Union to dump the dollar as the world reserve currency. They planned to institute the renminbi, either alone or as part of a basket of currencies called Special Drawing Rights (SDRs), which would include the euro and the yen.

Brennan told the cabinet that China had been buying large amounts of gold for the past five years in an effort to build global confidence in the Chinese currency. Their aim was to make the renminbi the de facto reserve currency and to increase global influence.

China had been building support from Australia and Brazil since 2013 by enacting currency swaps to enable the direct convertibility of their currencies into Chinese renminbi, without US dollar intermediation.”

Yes Virginia, I know I posted the same excerpt last week.

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Mar 242015
 

cashZero Hedge: “It was just a matter of time before Western governments used the trumped up “War on Terror” as an excuse to drastically ratchet up the very real war on the use of cash and personal privacy that they are waging against their own citizens.

Taking advantage of public anxiety in the wake of the attacks on Charlie Hebdo and a Jewish supermarket, France has taken the first step.  It seems the terrorists involved partially financed these attacks by cash, as well as by consumer loans and the sale of counterfeit goods. What a shockeroo!”

Opinion: We have been calling terror groups ‘useful idiots in the hands of globalists’.

A cashless society is a world in which all payments and transactions would be conducted electronically, creating a permanent record for governments to inspect and track at will.

Multiple governments from Africa and Asia to Europe and the Americas are explicitly working toward that goal, and in recent years, the United Nations has joined the effort.

On January 19, 2015 Bill Gates published a letter in which he proposed to enable the poor better access to mobile phones so they can store their financial assets digitally instead of keeping hard currency at home. “The key to this will be mobile phones,” he wrote.

Our present economic system is being set aside and a new economic system is being planned that will someday be implemented globally.

Until this generation it was impossible for any man or government to control all forms of commerce. A cashless society is not randomly occurring, but part of the carefully crafted plan which is being orchestrated by Satan. Complete control of every transaction and the ability to buy and sell could not be put in place with a multi-currency society.

A cashless/RFID system is the key part of Satan’s plan to “trample and break in pieces” (Daniel 7:23) the whole world and one of the final steps toward his goal of being worshipped as god (Revelation 13:14).

A future global government will need control of all currency in order to fulfill  Revelation 13:16-18:

He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name.”

 

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Mar 202015
 

Zero Hedge: “The global de-dollarization trend continues as it appears the UK’s move to join the China-led Asian Infrastructure Development Bank has indeed shown other US “allies” that spurning Washington’s advice is actually acceptable and concerns about the institution’s “standards” may simply be a diversion aimed at undermining China’s attempt to exercise more influence in its own backyard. Here’s more from the NY Times:

 Ignoring direct pleas from the Obama administration, Europe’s biggest economies have declared their desire to become founding members of a new Chinese-led Asian investment bank that the United States views as a rival to the World Bank and other institutions set up at the height of American power after World War II.

The announcement on Tuesday by Germany, France and Italy that they would follow Britain and join the Chinese-led venture delivered a stinging rebuke to Washington from some of its closest allies. It also called into question whether the World Bank and the International Monetary Fund, which grew out of a multination conference in Bretton Woods, N.H., in 1944 and established an economic pecking order that lasted 70 years, will find their influence diminished.”

dedollar

Opinion: De-dollarization is a very scary word that very few people are paying attention to since the dollar has been on a strong run since the end of 2010.

It means that the US dollar is seen by the rest of the world as the cleanest shirt in the dirty laundry bag. If the US dollar was rising because of a strong US economy there would no reason for the Federal Reserve to keep interest rates at 0%.

But this past Tuesday, that is precisely what the Fed did.

The US economy is being held back because of debt. Picture a ship trying to move forward but the captain forgot to lift the giant anchor.

The fact that the economy is moving up at all, is testimony to American capitalism, ingenuity and $4 trillion in newly manufactured US dollars.

So if China, Russia, India, Brazil and South Africa (BRICS) not to mention South Korea, continue losing faith in the dollar due to horrendous mismanagement, the feasibility of the dollar as world reserve currency could end.

And that fits the scenario spoken by John: the Black Horse of Revelation 6:5-6.

 

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Mar 102015
 
Alan Greenspan Warns Of Explosive Inflation: "Tinderbox Looking For A Spark"

Zero Hedge: “Last month it was revealed that former federal reserve Chairman Alan Greenspan, the architect of U.S. monetary policy under four Presidents, is anticipating a significant market event as a result of the trillions of dollars that have been pumped into the system over the last several years. According to Greenspan, something big is coming.

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Feb 202015
 
UN’s Top Climate Official: Goal Is To ‘Intentionally Transform the Economic Development Model’

CNS News: “The United Nations’ top climate change official says the U.N.’s goal is to “intentionally transform the economic development model” in place “since the Industrial Revolution.” To achieve that goal, $10.2 billion has been pledged by 27 developed nations as Nationally Determined Contributions (NDCs) to help Third World countries cope with the alleged effects of

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Feb 102015
 
Republican FCC Member Warns Net Neutrality Is Not Neutral

Breitbart: “If the Internet economy was a country, it would rank fifth, behind only the U.S., China, Japan, and India. Economic activity on the Internet totals $4.2 trillion, and almost half of the earth’s 7 billion people are already connected to the Web. Ajit Pai’s description of “President Obama’s 332-page plan to regulate the Internet” sounds Orwellian.

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Feb 092015
 
Illegal Immigrants Could Receive $7B in Tax Credits This Year

The New American: “One of Sen. Sessions’ aides said the boondoggle is a “serious matter that deserves attention” and another signal of how “Washington is disconnected from reality.” As revelations of the loophole have spread, waves of illegal immigrants have been flooding tax preparation offices to cash in on the tax “refund.” Amazingly, Segal found

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