Sometimes scheduling blogs becomes a problem, because there's so much to talk about and ponder, that selecting things is difficult. Thus, sometimes I "carry" stories and articles that people send me into the next blogging period, and this is one such story, shared by Mr. S.D. I  share it here because it is more grist for the mill of speculation, but we'll get back to that. This story from Zero Hede, however, is worth pondering just on its own merits, without any wider scenarios;

How Chinese Oligarchs Used Fake Trade Invoices To Launder Almost $1 Trillion Globally

Now the point of the article is clear enough, but there's a few additional points to notice here:

"But I digress. This post is supposed to be about illicit Chinese funds and how it’s basically a total free for all. Much of this money has entered U.S. real estate, helping to price out American families who can barely afford rent at this point (see: 1 in 4 Renters Use Half Their Pay for Housing). I’ve focused on this issue often over the past couple of years. For example, in the post, Chinese Purchases of U.S. Real Estate Jump 72% as The Bank of China Facilitates Money Laundering, I wrote:

"American citizens already have a hard enough time affording a home. Squeezed out by financial oligarchs buying tens of thousands of properties for rental income, and faced with real wages that haven’t budged since the mid-1970s, the demographic of U.S. citizens that historically dominated the new home market has been forced to live in their parents’ basements. Just to kick em’ when they’re down, Americans now face the impossible task of competing with laundered Chinese money."
(All emphases by Zero Hedge)

And let's add this:

The vast majority of illicit financial outflows is due to trade misinvoicing.

Can you believe it’s not Bitcoin after all!

Save for a brief slowdown during the financial crisis, illicit financial flows have been allowed to grow unchecked over the past decade. In 2012, illicit outflows reached a staggering new peak of US$991 billion.

Read that twice, and then read it again. The banker bailouts bailed out the criminals and their criminal global financial system, which then ramped to new heights of corruption and fraud in the subsequent years.

Illicit financial flows from developing countries are facilitated and perpetuated primarily by opacity in the global financial system. This endemic issue is reflected in many well-known ways, such as the existence of tax havens and secrecy jurisdictions, anonymous companies and other legal entities, and innumerable techniques available to launder dirty money—for instance, through misinvoicing trade transactions (often called trade-based money laundering when used to move the proceeds of criminal activity).
(All emphases by Zero Hedge)
So what's the H.O.S. (High Octane Speculation) here? Most readers here are aware that over the years of researching the topic of hidden technological development, Nazi-Axis oligarchical survival, and so on, that I have developed the hypothesis that there exists not only an American "black budget" but also a much deeper, much more secret and hidden system of finance, one tightly interfaced with the criminal underground, drug trade, money laundering and so on. Additionally, former Assistant Secretary of Housing and Urban Dvelopment Catherine Austin Fitts has come to similar conclusions, but via a very different route, for whereas my route was from the technologies to the question of financing, hers was from the financing, and noticing vast amounts of money that were ismply disappearing or otherwise unaccounted for, to the question of what all that money was being used for, and came to the conclusion that it was for a technological development - a massive one.
What has struck both of us, and many others, was the global scale of this activity, and herewith comes the speculation. We have thus far been considering that this "hidden system of finance" and all that it implies - hidden bond markets, complicity of certain large prime banks in the scheme - has been largely an American activity, or rather, our focus has been on the American context. But as the Zero Hedge article points out, this activity is not confined to America. It is an international activity, one moreover that involves not only Chinese oligarchs, but an activity that is effectively funneling money back into the USA. In short, the world's liquid capital is being harvested - if I may use Secretary Fitts' term - in a vast global operation. Notably, the pattern here is condign to the pattern often referred to by Secretary Fitts: the conjunction of money laundering and real estate activity.
Thus, we come to a rather breathtaking hypothesis, for the global extent of this activity suggests that one might be looking at a system that has become a global system, and that the control of it might have been pried away from any strictly "American" breakaway group of interest. This is not - let me emphasize this point - simply the usual model of "the central bankers are behind it all in a grand scheme for Rothschild-Rockefeller-Zionist-Masonic" control. Indeed, if one recalls the history of this hidden system as I've attempted to reconstruct it, it was put into play as a means of financing human responses and research in response to the UFO issue, and hence, the real hidden players in this system were not the bankers, but behind them, the intelligence, military, and scientific bureaucrats.
Thus, what one might be looking at in the Zero Hedge article's statistics, are but the "bonus payments" being taken and mae to the participants in the system. It raises the very High Octane Speculative possiblity that the breakaway group this system has financed, has gone "international" and that the system itself is international in nature.
I have other suspicions along these lines, and in due time will share them, but for now, Zero Hedge may have come across something very significant. This is one to watch.
See you on the flip side...

Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and "strange stuff". His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into "alternative history and science".


  1. Reno on May 14, 2015 at 5:49 am

    Wonder how much of this dough will be used to invest in GMO friendly farmland. The EB 5 visa (eventual green card) costs 1 million “generally” but is reduced to 500 grand if invested in high unemployment areas(150% of the national average) or in RURAL areas. In “upstate” SC I recently encountered a section of toll road, in what looked like the middle of nowhere. I wonder if this was an EB 5 financed project. Doubt if any of this dough will reach inner city Detroit, Camden, Baltimore etc.

  2. unclejed on May 14, 2015 at 4:56 am

    Yep, it’s going on here in Australia. Chinese property buyers have pushed the average house price in Sydney up to …. $1.3 Million …. that’s right … one point three million !!!

    • Reno on May 14, 2015 at 6:00 am

      Parts of metro Vancouver, BC feel like you ARE in China. I didn’t feel like I was in Canada at all. Meanwhile any caucasian American male visitor is viewed at the border like a gun-toting Rambo.

  3. TRM on May 13, 2015 at 3:19 pm

    Cue George Carlin (my generation’s comic philosopher)

    • Robert Barricklow on May 13, 2015 at 4:48 pm

      Carlin Nails It!

      Also we have…
      Max Keiser This Week Saying,
      “Until there is a Banker on a spit
      being roasted over an open fire…”[1:30 minutes in]


  4. Robert Barricklow on May 13, 2015 at 3:01 pm

    For some time now there has been an ongoing ever increasing land grab that looks increasingly like a final push towards enclosure of the planet’s wild places, a last roundup on the global commons.
    This is the battlefield of the 21st Century as Capitalism’s raisin d’etre to bring every aspect of human life into the economic arena, transforming it all into commodities, to be exchanged as property in the marketplaces; versus the counter currents transitioning capitalism toward a coming Collaborative Age[the Internet of All Things, IoT] that heals the biosphere and creates a more just human and sustainable global economy for living beings on Earth.
    It is a battle to privatize ALL Nature versus the sharing of nature with all living beings. It is a battle for the very soul of being.
    It is, to be cliché – the essence of Democracy. That we NOT Trust and NOT have faith in our leaders. Democracy, after all, is a system built on DIStrust. When it works we get REAL DEBATE, INVESTIGATIONS, EXPOSURE, AND ACCOUNTABILITY.
    TRUST only a Vigilant, Informed, Distrustful Citizenry:

    • Sandygirl on May 13, 2015 at 4:43 pm

      Colorado western slope is fighting to keep BLM land open right now. The state recently bought 2 new airplanes with state of the art thermal engineering, humm.

      • Robert Barricklow on May 14, 2015 at 8:47 am

        Hmm is right.

    • Delurking on May 13, 2015 at 8:27 pm

      “Democracy, after all, is a system built on DIStrust. When it works we get REAL DEBATE, INVESTIGATIONS, EXPOSURE, AND ACCOUNTABILITY.
      TRUST only a Vigilant, Informed, Distrustful Citizenry:

      EXACTLY! Hence the necessity for constitutional government and why no tyrant who places himself above the Law (i.e. Lincoln, Wilson, and FDR for starters) should be lionized as our phony academic establishment is directed to do. So long as they remain within their constitutional cage, no trust is necessary. The moment they step out, trust is all we can do, and no fallen human can be trusted with that much power. So put them all back in that cage and slam the door.

  5. DownunderET on May 13, 2015 at 2:13 pm

    Yesterday I listened to the presentation by Catherine Austin Fitts at the Secret Space Program conference, for the second time.
    It is truly AMAZING the gargantuan amount of corruption in the US government, it is just astounding.
    So two can play that game it seems, and the hidden system of finance goes Mr. Global (CAF’ term). Just the drug money alone would be enough, but enough is never “enough”.

    • Aridzonan_13 on May 13, 2015 at 10:48 pm

      I believe the term is “institutionalized corruption”. Where Organized Crime sent all their kids to law school. Becuz, as the old Don said “We can steel more with a briefcase than with a gun. I’m not disparaging Organized Crime, they are just low bid CIA contractors. As Gerald Celente puts it, the “White Shoe Boys” Ivy League Mafia are the real culprits.

  6. marcos toledo on May 13, 2015 at 9:07 am

    Grand Larceny is the foundation of Western(Civilization) only difference it’s gone global. Corporate Kleptocracy has replace governments at all levels around the World ME ME is all that counts psychopaths is the new normal.

  7. Guygrr on May 13, 2015 at 7:43 am

    Well I guess the AIIB has more investment capital lying around than I initially thought.

  8. DanaThomas on May 13, 2015 at 6:14 am

    I saw this one, a real “doozie” and obviously not because we are supposed to feel surprised that Chinese banks are doing such ungentlemanly things (i.e. exactly what the “western” banks have long been doing).
    An urgent priority for the new model of social organization is to go back to a more humanity-based mode, starting from a return of the concept of a house as a home: its quality as a place to live in must take priority over the current perverse brand of securitization. Moreover, in North America, “housing” is almost equivalent to “land”, something less true in other parts of the urbanized developed and developing world where most people live in apartments.
    As you say, this “harvesting” process could be going full circle, though this is not the only thing going on in the US; while some forces seem intent on extracting every last penny, others seem to be trying to get manufacturing and jobs back…a little belatedly…

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