NEWS AND VIEWS FROM THE NEFARIUM OCT 9 2014
October 9, 2014 / /
Joseph talks about two important emerging stories with geopolitical implications: (1) federal lawsuits in the USA against European GMO firm of Syngenta, and (2) China's bid to make its yuan part of the Special Drawing Rights breadbasket of currencies in the IMF and World Bank
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@”If Dominique Strauss Kahn was able to pull this off and use the IMF to draw SDR Bonds you will see a dramatic drop in the value of the US debt. Countries and investors would be buying SDR bonds rather than US treasuries. It will effectively end the USA’s ability to print off the debt.
Instead however we find the leader of the IMF behind bars. Was he setup? Was this engineered to keep the US Dollar as the currency of reserve?”
The Chinese showed a strong interest in the renminbi’s inclusion in SDR basket of currencies back in 2010 and 2011.
While former IMF chief Strauss Kahn was relatively speaking supportive of it, then French financial minister Christine Lagarde says “it’s not the right time” for the currency to be included in the SDR’s.
Back in 2011, there were series of events happened that i think could have been related to Renminbi’s inclusion into the SDR’s,
First, you have Strauss Kahn who was indicted for sexual assault on May 18, the same date he ended his career as IMF chief. He was released from house arrest on 1 July since apparently the alleged victim lacks credibility.
At the same time Strauss Kahn was under house arrest, Evelyn De Rothschild paid a visit to Beijing on June 7, who managed to meet with only a supervisor from the Chinese central bank. Bloomberg did a live interview with him while he was in China, De Rothschild was talking about “China needs patience” in its desire to have the Renminbi more accepted internationally, and they were talking about how his investment in Weather Central could help China with a worst drought that’s hitting the country’s central regions. You have actually mentioned this in your blog and suspected it to be an “admission” of the ability to control weather, not only i agree with that observation of yours, i suspect De Rothschild used such ability as “bargaining chip” in whatever discussion he’s having with the Chinese while he was in Beijing.
Meanwhile, the NATO subversion and invasion of Libyan Jamahiriya was in full swing which effectively drove the Chinese out of the country, and despite the political mediation made by the African Union, the Western powers continued their bombing of Libya until the fall of Tripoli by operation Mermaid Dawn. The battle for Tripoli lasted from August 20 to August 28, even before the final fall of the Libyan capital, then French president Nicolas Sarkozy made a “lightning visit” to Beijing on August 25 where he met with Chinese president Hu jintao to discuss “Euro debt crisis” and “the Libyan situation”.
Next is the 2011 G-20 summit held in the French city of Cannes in November, during which the BRICS countries acted in unision as they told the West “Europe have to solve its debt crisis on its own”.
In other words, neither “weather modification techniques” nor “NATO war machine” has made the BRICS alliance budge from Western/French/De Rothschild demands.
what happened next, ofcourse is you have first the Libyan style “Syria crisis”, followed by Syrian-style “Ukraine crisis”, followed by Ukraine-style “Hong Kong crisis”.. and dont forget to add in some “flash flood” in Russia’s Krasnodar Krai region and in Beijing’s Fangshan district.. (actually the whole city experienced unprecedented heavy rain in 2012, but Fangshan was the worst hit area)
It should be noted that following the NPC & CPPCC 2014 Annual Sessions in March, the Chinese central bank did not reemphasize the need to use SDR as basis in evaluation of the Renminbi as it used to do in previous years, meanwhile the IMF/NATO sponsored Ukraine crisis is starting to evolve into a military conflict and a “new cold war” between the West and Russia, it seems Christine Lagarde has one more reason to say “it’s not the right time” to consider the Renminbi into SDR basket of currencies. Hasn’t she take a notice of the emergence of the BRICS Development Bank?
This is what South African president Jacob Zuma has to say about the BRICS development bank (starting @10:35)
Sorry for the repost Dr.Farrell, i thought it was a problem with my connection but i just realized its due to the cited link.
@”and dont forget to add in some “flash flood” in Russia’s Krasnodar Krai region and in Beijing’s Fangshan district..”
India Holds Bill Gates Accountable For His Vaccine Crimes
and ofcourse now there is a Cyclone called Hudhud hammering India’s eastern seaboard, meanwhile president Putin is arranging the Altai pipeline which will be power up India.
Welcome aboard the target ship of “axis of Evil”, Prime Minister Narendra Modi.
How Agribusiness is imploding it’s becoming gunfight at the OK Corral among themselves lets all hope they all self destruct quickly. As for the US Dollar AMERKA to dumb to learn from history the lesion don’t get into the empire business that the worst way to destroy itself.
Back in 2009, I remember reading Michael Hudson’s disappointment concerning the probable success of the international banking cartel’s criminal syndicate plan: issuing a new global currency to replace the dollar – SDR’s/Special Drawing Rights. This is all being done to service Wall Street – NOT Main Street. Bank debt is simply being replaced by debt owed to the IMF(or some soon-to-be other, out-of-the-hat, Presto, Alphabet Magical Transnational Capitalist Bureaucracy. Ultimately, its to become paperless electronic bits, manufactured via keyboard strokes, out of some controlled mechanism(gold?). A symbolic golden rule. He who has the gold, rules.
Of course, I’m not happy about this.
I want the cancerous Ponzi scheme stopped. Not prolonged.
As for the GMO story?
How poetic! The GMO lawsuits are not only being swept & spread by domestic winds; but internationally as well. Wherever they land; lawsuits spring up, and Monsanto is sued! Poetic justice. N’est pas? GMOs from the get-go were found unsafe. Yet the corporate culture said: Might Makes Right! The studies were then swept under the rug, with their esteemed professors(at least those who refused to be bought off). Now, isn’t that about as stupid a business plan as Fracking?!!! Or corn ethanol?!
Might, apparently isn’t Making things just as Right, as yesterday. In fact, it’s yesterdays news.
BRIIICSA+A market forces shutting down GMO! Wow, imagine that! The first step has happened. Civil suits are going to fix what the Criminal Courts refused to do. I wonder if the battle cry will be “Remember Percy Schmeiser”!! If $FRN’s are threatened (WRC) expect AngloSphere blow back.