The well established financial institutions
in place currently, such as The World Bank, International Monetary Fund (IMF)
and Asian Development bank (ADB) lending to Asia for infrastructural development
has been a challenge for many countries, for it is primarily the good old’ Bretton
Woods system of the West. The Western
conditions are unfair to other countries because they don’t have a say just
where the money from these organization can be applied. China
and India for years have
tried to negotiate with U.S.
congress for more voting power than the four percent China
has, while America and Japan is a
little over fifteen percent. U.S. congress has denied the shift in voting
power even when China
is now the second largest economy in the world. China along with many other
countries see this as truly disabling economic growth and unfair. Many countries are looking at the Western
decisions made so far and the repercussion of forced manipulation by the FED
and blatantly see how well that is working for the west and Japan as well as Europe.
This set the stage for the shocking
announcement from China's President Xi Jinping that he will open a new
investment bank, The Asia Infrastructure Investment Bank (AIIB) to create a new
equality and strengthen cooperation and correlation in the international
multilateral mechanisms. Asian
developing countries needs are unfulfilled by the current situation and are in desperate
need of such a bank. This would boost
the Yuan and boost China's employment securing contracts from Chinese firms
along with investing some of the $3.9 trillion in foreign reserves in commercial
firms, most of all it would boost China's influence and power. This has made the U.S.
and Japan uneasy China has
invited many countries to sign the memorandum of understanding (MOU) they have
till April 30 but opens April 15. I just
wonder if it a coincidence it is on the U.S. tax day.
This move by China of course is to veer from the heavily U.S. influenced
Asian Development bank (ADB) and The World Bank and International Monetary Fund
(IMF). The system SWIFT has been the
FEDs and U.S. Treasury’s money GPS system in Brussels,
like when the U.S.
government seized Japanese bonds worth over $134 billion, or tracked down and
blocked $100 billion belonging to Iran. Since the U.S. levied the SWIFT sanctions and cut Iran off from the USD, the U.S. lost its leverage it didn’t matter to Iran. When the U.S.
did it to Russia Putin went to China,
truly anything he could have gained from the States China can fulfill. Over one hundred and thirty nations have
major deals on using an alternative currency other than the dollar now. China and Russia have more in common than one
would imagine regards to belief and history both leaders being very neologistic
has gotten the attention from the Saudi empire they are enticed with the idea
of a non-USD arrangement since drifting apart over Israeli settlements and conflict
with the nuclear deal in Iran. The U.S. is dependent on Saudi oil and it holds the
alliance together because the Saudi Kingdom needs (needed) U.S. security. The reduction in need for oil from America combined
with profound disagreements on foreign policies has crumbled the alliance and
friendship that served the two countries for many years. Since WW2 the two countries have had overlapping
interests and the allies grew through the Cold War against the Soviet backed
Egyptian force, the U.S.
helped arm them though the 1960s civil war and again in the 1980’s against the
soviets. The U.S. support for Israel
with an oil embargo upset the Saudis in the 1970’s the Kingdom remained loyal
to its alliance with the U.S. in fact pre Iran, it was Saudi money alone that
funded Regan’s congressional ban ageist the rebels in Nicaragua. In the 1990’s Saudi
Arabia welcomed over 500,000 U.S.
troops inside their country to fight in the first war against Iraq. The former King of Saudi Arabia Riyadh not only lifted sanctions, then when rising prices
in oil threatened the American economy he increased oil production for Washington. Why this is important? Because Riyadlh had
lost confidence in the U.S.
“security guarantee” Riyadlh showed his disdain by withdrawing the U.S. military air space used over Saudi Arabia forcing them to have to go around
the Arabian Peninsula. After nine-eleven, the U.S. questioned
the empires involvement and the rift between them didn’t stop with George Bush. Obama’s deal with Iran
caused more conflict, adding the Palestine
peace plan conflict between the two didn’t help. Obama embracing Mohammed Morsi
the leader of the Muslim Brotherhood after turning his back on his American
ally Hosni Mubarak infuriated Riyadh, so much so that he gave $12 billion to
Abdel-Fattah El-Sissi for overthrowing Morsi and changed the relationship
America had with Egypt for good. This
has caused the Saudis to look elsewhere for a new alliance and China has
welcomed them with open arms for the biggest oil producer in the world. China being the new chief customer for Saudi Arabia
may have ensured the ideal place and time to move into the Petro-Yuan. The new King Salman bin Abdulaziz Al Saud has
stated they want to punish Iran
and Russia along with the U.S. trough
the drop in purchasing price of their oil. This new found independence of
Salman has extended in to world trade, he is on the market for new commercial
relations and charting their very own policy path despite what the U.S. wants. The
Saudi empire has enough cash reserves to do just about anything they want to. This is critical for the USD because of the
Petrodollar agreement with Saudi Arabia
and the U.S. free trade
agreement with China.
Good old Nixon was so eager to get involved in both situations. Now America could
lose all allies and leverage for the now artificially propped up USD that was
fought so hard for.
The reality that our world’s reserve currency
is now debt based, the system we have implemented is not working on so many
levels. The world’s reserve currency needs to be backed up by a real productive
economy like China. The U.S.
was warned by so many advisers that our Keynesian approach will fail and the debt
based economic decisions will ruin the U.S. If the U.S.
is judged by the company it keeps, what does it say when forty-six other
countries are signed up and ready to go with AIIB except North Korea and the U.S. not saying that there is much
in common, except both are run by delusional self absorbs governments. Others are jumping on board, the United Kingdom was the first NATO partners to
announce they will be joining the AIIB and this sent shock waves through Washington as Spain France and Italy
along with the Netherlands
joined. Even Germany who is inching towards
exiting out of the Euro has joined. The US, Japan
along with North Korea
is the only ones that stated that they have no intention or were rejected. North Korea
was rejected and it is uncertain if the U.S.
was as well, along with Japan
it is said they refused. It seems that Russia is not so isolated anymore but the U.S. is. They
are not invited to the party. Is this what happens when community organizer
becomes president? I am sure he
personally is not really making the decisions, but who then is the true puppet
masters and why?
China
along with the world has seen the empire of debt that the U.S. has created, sovereignty of
client counties abused, disrespect to allies and the selfish nature of the U.S.
Washington has not made too many friends along the way to global debt. Other countries
would rather gamble on the historically corrupt Chinese empire and join a new
unknown investment bank than deal with the reality of what our monetary system created. This move may not benefit the average Chinese
citizen. However, the one percent of rich Chinese control more
than a third of the country's wealth, and in 2012 real
estate accounted for 70 percent of all household wealth, and now the Chinese
are buying massive amounts of land worldwide. A few years ago, the U.S. would have never even assumed
that any country would trust the Chinese central communist party for a reserve
currency. I have a feeling this plan China
is showing has been in the works for sometime now. China
has been buying up assets in the U.S.
and all over the world; they even wanted and offered to buy out Canada’s
oil. China’s anti corruption and
transparency campaign is starting to make sense now paving the way for other
countries trust. Many are disgusted with the secrecy and manipulating the U.S. government
and Federal Reserve have been doing for so long. Anything the U.S. can offer another country China believes
they can too. China
wouldn’t mind helping Iran
out with a few war toys, since the U.S.
would intervene any weapons shipped to Iran but turn a cheek to a Chinese
warship destroyer passing through. Let
us not overlook the multitude of sanctions surrounding Iran, they
would be fools not to join this new and intriguing entity. On the other hand, possibly the U.S. overlooked the Joint military exercises
these countries have been partaking in, doubting there advancements towards new
alliances is Washington’s
big mistake
This time around the war plan that the U.S. had for Iraq wont stand up to the mass
military that would surround the strait or the hundreds of miles of coastline
involved. For all we know China and Russia have been dropping off
weapons and picking up takers of oil for some time now. Or teaming up to solve China's demographic
issues along with Iran’s massive youth issues so they marry off the Iranian
women for the overwhelming number of Chinese men in waiting.
Trying to make light of it all
seems impossible this is a big move and Iran is looking at us wondering if they
should pull the trigger because Hassan Rouhani saw first hand how powerful and calculating
the U.S. military is when we started a war over the petro dollar with Saddam. Look
at Gaddafi, he was our ally until he wanted to quit selling Libyan oil in
USD. The U.S. doesn’t play around with the
petro dollar. The WW3 everyone says is
coming has already begun it is just a financial war, this time and I don’t know
if the USD has that kind of arsenal with our debt. Therefore, we may have to blow something up
or create other systematic events in our favor.
The question is will the Obama Administration have the backbone needed
for this war?
America has changed from the gun
totting pro militant patriot it once was.
American individuals have a different perspective when it comes loyalty
to America
and its military. Primarily Americans in
general are individualists and don’t rely on community or value communal benefits
of necessity that other countries must rely on to survive. Fighting for your country once involved
protecting your property and spouse now Americans are just trying to defend
themselves from American banksters and debt.
Divorce rates have never been higher and the poor and poverty-stricken
are joining the military for saviour not because of love for the great USA or
loyalty to the nation. Why would they? The harsh reality is that we have been transferring
all our money, industries, technology and employment to china for years…willingly
on a silver platter, “here take our trillions you need it more than our people”
Greed apparently has no consequences. I
mean maybe some “other” country has a NSA tape with some amazing information or
why would any of this be taking place. This
AIIB is a huge game changer on a global scale and a direct threat to America.
China made some new friends; even the threats
that Obama gave Australia
and Israel
about joining the new bank didn’t change their mind one bit. I though Bush made enemies, I would bet the
Chinese Embassy hasn’t forgotten the U.S.
bombing mistake and just to top it off with personal disrespect, the U.S. refused to
apologize. The Obama Administration is
on a whole new level of being hated by the world. Manipulation and lies are becoming more and
more transparent and trying to cripple other counties by manipulation is becoming
clear. I won’t even get into the Ebola
and oil correlations or the U.S.
efforts to keep China out of
Africa; we sent three thousand troops to the borders of Africa
to fight Ebola. Yet we will stand down
and watch millions of people displaced knowing we could wipe Isis
out in a day and do nothing.
All the world economies seem to be
on the verge of a major bubble bursting one way or another. America pushed so hard predicting
china to e the most epic bubble burst ever.
It just may be that China could be the next IMF. Last year China
campaigned the de-dollarization of the only thing America would start a war over, the
petro dollar. By leveraging its rise as
an economic power with hydrocarbon exporters.
This of course had Putin and most of the Middle East very interested, Putin
has been attacked by the U.S.
in every way since his petro dollar exit.
This is a direct move to cut the dollar dominance in global energy scene. In fact, China even parked a Navy destroyer
right in the Southern Iranian port along with a logistics ship just to say they
were “combating piracy”, this was the first time in history they made a show of
foreign support. Ironically, Russia
docked at the same port on the way back from a mission. The aid offered by both was seen by Iran
and was welcomed. The mouth of the Persian Gulf, The Strait of Hormuz is a passage that
ships a fifth of the world’s oil. This
is interesting because these ports are major locations, the same locations that
ISIS and Hamas (really the U.S.
and U.S. or Russia maybe China) are causing such turmoil
with a “risk” of cutting off the ninety-five percent of Asian bound oil. Most of the Middle East has relied on the U.S.
for security and direction. In 2012 China swapped around $5.5 billion with the
United Arab Embassy for oil in the Chinese Renminbi, this showed others like Dubai and the Persian Gulf
it could be done. This last year China also set a deal with Russia that over $500 billion in
gas purchased will be in renminbi. When
china expands to hydrocarbon bought and sold in renminbi, Americas influence will no longer
be needed and our “foreign polices” that so many counties view as imperialistic
will fold.
Our current
practices are not set in stone and are sure to change. Putin must have seen this as a huge
opportunity to merge with China
and trade land or gold for a new reserve currency. Between Russia China and probably India,
they have enough Gold to back the Yuan taking it back to the gold standard that
so many are yearning for, or a basket currency.
After seeing what Quantitative Easing has done many if not, all countries
are looking for any alternatives. Not
just oil for gold, other obtainable assets like arable land, or geo political
positions. The Petro Yuan is already
taking place and has been. The Peoples
Bank of China (PBOC) has been swapping with more than thirty central banks
internationalizing the Renminbi though external trade proving it could function
just fine as the new reserve currency China has gotten the attention of energy
producers, being one of the mass consumers, at the rate of growth they are the
market in the future of hydrocarbons energy trade. Once the Saudis reject the USD for oil America
will be done. Its no wonder Obama has
been spending so much energy kissing up to Afghanistan and the Saudi empire
because while he is worried about immigration so we will have a military in the
future other world leaders are immigrating on the reserve currency
Until China
unpegs its currency from the USD the dollar will remain strong and winning. The FED will reset the debt based currency one-way
or another. The reality is the evil
régime of America
just may be preferred to what a mix of a Russian or Chinese overlord could possibly
be like. .
China and Russia and most of all the FED all know all china
really has to do is buyout the seventy to one COMEX gold contracts and demand
that they delivery, POOF, the whole ponzi scheme is blown creating chaos. Possibly the FEDs worst nightmare. Don’t underestimate the power of the FED they
are well aware what is taking place and the domino effect it will have, on
every level. Not to give them too much
credit but let me just say they are not naive by any means and extremely
resourceful. America’s Powers That Be
(TPTB) would never allow COMEX to default if MF Global formerly Man Financial
is any indication of just how much influence TPTB have when needed. Was awarded primary dealer status in 2010
Primary dealers and unregulated by the FED to buy and sell U.S. treasuries at auction was counter party
to the Federal Reserves Open Market operations.
The same MF who ended up admitting to federal regulators in 2011 that
around $1.2 billion was missing from customer accounts. Just several days before the bankruptcy, they
transferred funds outside the country. MF
Global acknowledged a shortfall, yet The Wall Street Journal reported that MF
Global would seek chapter eleven-bankruptcy protection, after investing more
than $6.3 billion in sovereign bonds issued by European countries that gave a
chapter eleven grand total of $41 billion.
When you see the reality and lack of real regulations for the chosen
few, it gives you an idea proving they will do anything before allowing any
kind of real default regarding COMEX or any other large entity, just like the London
fix, COMEX would become irrelevant. America
will just reset and this could be the master plan,
America will stay king by any means
necessary we can’t forget that. Progress
is what Obama keeps preaching, let us remember that Stalin killed thirty million
of his own people in the name of progress, the Obama Administration is just
killing an estimated 318,000,000 people slowly and financially.