THINGS THAT MAKE YOU GO “HMMMM….”: RUSSIA’S ...
When the Western sanctions were put into place over the Ukrainian mess, you'll recall that part of the pressures hinged on the fact that some wanted to deny Russian access to the international financial clearing system of SWIFT, based in Brussels. As I and many others then noted, this step, plus the emergence of the BRICSA bloc and the founding of the BRICSA development bank, only meant that in time, those nations would be forced to erect their own financial clearing systems.
Russia, in fact, undertook such measures almost as soon as western sanctions were imposed, and as the talk about denying it access to the SWIFT system began to be aired. Almost immediately, that nation's Duma passed laws forbidding Visa to operate inside of Russia unless its physical clearing center was located in that country. Additionally, Russia began the process of creating its own system. More recently, and in a highly significant move, it also joined the Japan Credit Bureau's clearing system in the western Pacific and East Asia, a clearing powerhouse in the region.
Now, in case you missed the story on Faux news or CNN or SeeBS, the Russian clearing system is up and running, in this article shared by Ms. M.W.:
Russia's SWIFT Equivalent Already in Use
There are a number of things to note here, and they all portend trouble for the belieagured international system of western finance:
Earlier TASS reported with reference to Central Bank Chief Elvira Nabiullina that an equivalent of Belgian SWIFT has “practically” been created in Russia. “As far as financial messages transmission is concerned, we have practically set up a SWIFT equivalent in Russia,” Nabiullina said.
The system contemplates competitive tariffs and the regulator is ready to develop and improve this service, she added. Several dozen banks are ready to use it, Nabiullina said. Head of the Central Bank said that the SWIFT equivalent was developed with maximum use of Russian IT technologies. “Many complained our microelectronics is poorly developing and so on, but the demand is needed to develop domestic production. We are generating such a demand,” Nabiullina said.
(Emphasis added)
One cannot put it more plainly than that: the chief opposition or criticism within Russia to the start up of such a system was Russia's pour information technology industry, which has consistently lagged behind America's and the West's. The solution? Create the demand for the development of the industry, by (1) using Russian technology throughout, (2) stimulating the further indigenous and independent Russian growth of the industry as money pours in fore research and development.
The reasons for such a move are also self-evident, in that hardware entirely generated in Russia to support such a system bypasses and removes the ever-present danger that chips and hardware obtained from the west are compromised by backdoors in the software and hardware.
But there;'s a hidden story here as well, and herewith the high octane speculation, for note that the story is dated Sept 21, 2015, roughly the same time as the Russian intervention in Syria began.. Which raises an interesting point: US policy and involvement in the Syrian situation and with Syrian extremists it was hoping to use as proxies to drive Mr. Assad from power was in play for the past four years. Mr Putin could have presumably intervened prior to this point. Indeed, he did intervene, diplomatically, when the US was calling for Mr. Assad's ouster over his use of chemical weapons, allegedly, against his own population. Mr. Putin, you'll recall, simply brokered a deal whereby the chemical weapons were removed from the Syrian arsenal, forestalling further US intervention.
But that was a far cry from the sort of Russian intervention - and now Chinese - that we are witnessing now. Mr. Putin could have, conceivably, intervened in this fashion at any point in the last two or three years.
So why now?
I suspect, and suspect strongly, that it has much to do with the financial clearing system being in place, and functional, and that this implies, furthermore, that this system has been militarily hardened against all manner of external interference, from hacking, to other means of the disruption of communications. And as we have also pointed out, China's own system itself has recently come online, as has Chinese intervention in Syria...
See you on the flip side...
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The “I” for India in the BRICS: gold and finance. First India eased restrictions on private gold ownership, since it had proved impossible to stop black market gold despite the extremely high premiums. Now the Modi government has revived the idea of the “monetization” of private gold, including ancient temple treasures. According to RT this amounts to 20,000 tons. Will the Indians, with their millenia-old experience of government tricks, fall for these “gold bonds”? Sound familiar?
And now India has also joined the club of countries issuing bullion coins with its own, weighing 5 and 10 grams…
Source: www followed by rt.com/business/320823-india-gold-program-economy/?utm_source=browser&utm_medium=aplication_chrome&utm_campaign=chrome
It’s an excellent deduction that the timing of the Russian intervention in Syria coincided with the launch of their own financial clearing operations.
It also speaks volumes about who the Russian alliance are actually going to war against, and what Syria is really about. Go back to Putin’s UN speech as well, and you have it stated explicitly: this war is about drawing a line on the intolerable and calling out the international criminal Cabal which has infiltrated, bribed, corrupted and hijacked the Western world’s governments and institutions, and by extension its client and vassal states throughout the world. The foundation of their power is the control of the issuance of money, and so if you are going to take them on, you had better be prepared at home with an independent, “hardened” financial system, because that will be their main line of attack. In doing so, you remove their ace in the hole.
Their power rests upon deceit, and their military, though seemingly overwhelming, will be rendered impotent if the full extent and import of the deception is revealed. This is why the world is in such chaos, with all Western nations under assault in some manner from within; they are desperately trying to lock down their control over their zombie empire before the coming war. And it will be mostly an information war, that is clear. If you thought color revolutions were something, just wait for the pendulum to swing back upon the clueless, iPhone-hypnotized masses of the West when the truth-bombs start to fall.
In fact, it’s already started. Look at the recent resurgence of activity in exposing the JFK murder, and plainly stating it was the Dulles brothers at the heart of it. This also coincided with the Syrian intervention. We’ll see more and more reveleations of these acts of treason and treachery, and of course there is the Tsar Bomba waiting in the wings, 911. When that gets dropped, you will know that all gloves are off.
One can’t but sense that this is the start of an epic battle of monumental import. You can call that opponent corporatism or fascism or whatever -ism seems to best fit in the given circumstance, but those are only its tools; ultimately it is simply evil — crimal, psychopathic, organized and institutionalized, and sold on the TeeVee with your soap and cornflakes.
Issuance of sanctions against a country’s economy can now be played by both sides with this new system. I believe a while back the Bricsa was setting up an int. committee for legal arbitration for any trade issues violations that arose from the new system of finance. This committee/court could also issue decree’s against those financial institutions it felt violated its trade regulations. Could this legal basis be broadened to include Int bankings shady lending practices and refinancing manipulations of the debtors economy to enslave them financially ,limiting the debtors economic flexibility and adding their dependency on the lender banks control of their economic field capabilities affecting their ability to pay off the accumulating debt. Could this be the new crime against humanity , Intentional perpetual Impoverishment.
“this system has been militarily hardened” : in space too ? there are wide implications here.
Predictive accuracy is the real measure of a sources worth. Genius find here Doc. And all good points below. Guess I’m going to dig into a pocket and member up.
Meanwhile: I’m not as sure of Max Keiser as I felt way back when he was ranting on silver to bankrupt JPM. He still rants about some important 800# gorillas in the room. Something about him makes me feel he’s got more on his agenda than open sourced predictive accuracy. I almost feel that way about Putin. Although this makes me wonder more. Still, fascism is defined as corporati merged into governance. Are we convinced that Putin et al are going to do any different with finance/governance than OBusha just because they’re working to circumnavigate OBusha?
From what’s below, it sounds like Putin, Li et al want out of the BIS and are closing in on that. Sounds a bit ominous for those of us stuck inside BIS reach. Also how soon and well can BRICSA do it?
We live in ‘interesting times’. The one thing that the international banksters and their minders absolutely Will Not Tolerate is loss of financial control. The activation of “the SWIFT equivalent” is exactly such a move. Now, TPTB have two options: Either try to subvert the new system ‘from within’ (the Brits joining the system seems of this nature), or launch the equivalent of all-out warfare on it. Either way, it will be ‘hard core’…
It stands to reason that you don’t join a fight until you are sure your back is covered. If things get ugly and Amerikan troops are killed while advising the “moderates” it could escalate quickly.
One of the first things, and probably the only non-military thing left for the USSA to do, is to pull the plug on Russia’s SWIFT access. Now it’s a moot point and they know it.
So does the USSA send in 100,000 mercenaries to help the “moderates”? Do they get their own troops directly in the line of fire? Not much else left on the plate.
Ironically, the Russians are fighting against fascism. The BRICS are starting to form an anti-fascist group; directly opposed to the corporate takeover of the global economy, and as a forgone conclusion, the global politics. A – who has the gold rules – formula.
In July 1944, the soon-to-be victorious powers of WW11 met in Bretton Woods. Their Mission: to lay down the architecture of the post-War global political and economic systems. They stated that their aim was to free the world from fascism forever. In REALITY, they built the foundations for a new fascism – corporate fascism – and Modern Austerity is merely a vehicle to deliver it.
Austerity is unnecessary, destructive and intended as a permanent break with the traditions of democracy. The pillars of social democracy – law and justice, employment rights, civil liberties and human rights, and the society’s social safety nets – have been bulldozed, one after another, under the guise of Austerity.
Without keeping an eye on the ball, ever vigilant, the people may still believe they live in a democracy and still hold those inalienable rights of long ago. Sadly when they find need of them, the people will realize their so-called leaders, were really new-fascists in Potemkin democratic clothing.
Russia, China, and others are fighting the globalized fascists,
aka –
the REAL bona fide Terrorists of the late 20th & early 21st Centuries.
Will it be a battle between the pubic economies/politics
versus
Private interests economies/politics.
Or, as the popularized meme goes – the 1% versus the 99%?
I believe you are correct Robert. I don’t believe every country in the world belongs to this NWO conspiracy.
I take the time to listen (or read the subs) to every speech Putin makes, and I’m convinced that we’re dealing with a “real human being” who loves his country passionately and refuses to bow down to the Atlanticist demands.
I hope my gut feeling is correct.
So do I DaphneO.
I hate to think it’s a choice between corporatism and corporatism.
Robert, I believe that you have called it correctly. The “private interests economies/politics” is simply a front for what used to be called the Feudal System. It is ironic that the would-be Feudal Lords accuse the 99%-ers of succumbing to Class Warfare, when they have been conducting exactly-that nearly forever (but most blatantly since 1913). It will be interesting to see whether a Feudal System (under whatever name) is actualized, or some form of Democracy (under whatever name) blooms again.
I am also curious as to the ‘human’ aspect of the above. We may be seeing the emergence of almost two species. One ‘species’ has the full ‘feeling’ range, so is cognizant of the effect of one’s actions upon others. This, in turn, leads to more enlightened behaviors towards others. The other ‘species’ has a very limited ‘feeling’ range, so has no real clue or concern of the effect of one’s actions upon others. This, in turn, leads to more self-centered behaviors towards others.
Previously, the second ‘species’ has been hidden within the general population. Now, it considers itself immune-to-consequences enough that it has emerged in all it’s ‘glory’. Perhaps this is intended, as a way to concentrate the ‘bile’ before removing it…
Goshawks, I’ve thought about this “2nd” too.
It does appear there is a dichotomy; but as to the cause?
I not only subscribe to your theory; but also to the
“Wetiko Disease of exploitation, imperialism, and terrorism”[John D. Forbes].
DaphneO & Goshawks
I think the end near and exists within the instruments of the coming TPP & TTIP, the largest trade agreements in history, and yet are not open for review, debate or amendment by national parliaments, Congresses and Senates, or the public. They seek to enshrine the rights of corporations under international law, restricting future governments from overturning Austerity policies, through fear of costly legal actions or military interventions.
What needs to be understood deep within our bones is that the cavalry is NOT coming. WE ourselves are the cavalry. Only our newly emerging people’s campaigns and institutions can resolve the crisis, because the existing institutions not only CREATED IT, but exist to SERVE IT.
So right Robert. WE are the ones to say ‘NO’ and not comply. … Here it is: New Zealand has released the text of the TPP. The Preamble in principle belies the reality of practice. A mere formality … multinational corporations would trump all competition and any barriers in their drive to dominate people and planet for profit. tpp.mfat.govt.nz/text
Glad to see you are on top of it as well.
Not many seem to realize this deadly threat.
It’s shrouded in extreme secrecy, as if it were a deadly poisonous toxin – which, in fact, it is to the our global economy/politics.
TPTB have come to use international treaties as the way to bypass popular voting on issues. If I remember correctly, two European countries had had popular votings which stalled the march of the European Union (or was it the Euro?). So, TPTB rammed it through in the form of a Treaty, which end-runned the will of those peoples. A clever, if diabolical ‘approach’, which is now being expanded with TPP & TTIP…
Goshawks, absolutely on the money!
It’s a way for TPTB to do an end around the laws of the land; around the constitutions of governments; and the will of the people. In fact, it’s against the letter of the law; but those elected look the other way when told and/or paid and/or blackmailed. Yet, with the TPP & TTIP governments themselves will have no teeth; and the politicians, no real power. As these treaty’s instruments make politicians de facto vassals to the transnational & multinational corporations.
Why then vote themselves into the corporate kennels,
aka, dog houses?
I gota tell you, if ever you thought that US politicians were dumb and stupid, then take a look at Lindsey Graham spewing war mongering at it’s best.
https://www.youtube.com/watch?v=mC7Fz0d9H8M
I’ll bet you can’t watch the whole 5 minutes without throwing up.
The War of Words is Over the Brics have put thier Money where their mouth is. What a coup Europe is going cashless timing is a perfect many in Europe will jump to the new Swift System. This will prime the rise of the Eastern power as the west becomes intangled in its own web of fiat deceit. My only question is will the western citizens be banned from using a system backed by gold?
Where do I sign up Before this happens
The Western Oligarch’s idiocy never fails to amaze a cashless society would kick almost all us 99% out of the economy. Then these jerks who call themselves our leaders have their heads up their ass. The bright side of this the is the BRICAS might have a more secure economic, military, political future safe from Western interference and made in Russia will be a badge of pride and prudence.
The key to any economy is the question of who controls the issue of circulation of credit or money, and whether they do it to serve, directly or indirectly, private special interests, or for the common national good.
Because of the Corrupted Yeltsin rule and the Economic Warfare he let the Western Governments rage on his country, Russia was nearly obliterated. Even with Putin coming to the rescue; Yeltsin’s Article 75 in the Russian Federation has the BIS in charge of their Banks. Though Putin started in 2015 pushing for a Public National bank, it is still not a fact.
William Engdahl has a solution at his site in a article dated Nov 3.
Also Max Keiser has some good info on today’s corruption in the Western Finance. In part 2 he talks about a cashless 1984 on steroids!
Yes, this does NOT look like a coincidence.