RUSSIA INVITES OTHER COUNTRIES TO USE ITS CLEARING SYSTEM

You might recall that German Finance Minister Heiko Maas recently floated a trial balloon to the effect that Europe should build its own alternative financial clearing system to bypass the American-dominated SWIFT system. This came in the wake of American sanctions on Iran and the walk-out from the Obama Administrations negotiated deal with Iran. For Germany, which does a great deal of business with Iran, the sanctions were less than welcome. Then there's the matter of American sanctions on Russia, which once again, have hit German business. Shortly after Herr Maas made his statements, the trial balloon was confirmed as other Eurocrats repeated the call for an independent means of financial clearing, and a European alternative to the American-dominated IMF.

According to this article from RT shared by Ms. M.W., you can now add Russia to the list of countries fed up with the unipolar Anglosphere domination of international financial clearing:

Russia welcomes foreign banks to join its money transfer alternative to SWIFT

The first two, and last paragraphs say it all:

Foreign banks will soon be able to become part of Russia's money transfer network which serves as an alternative to the traditional SWIFT (Society for Worldwide Interbank Financial Telecommunication) system.

“Non-residents will start connecting to us this year. People are already turning to us,” said First Deputy Governor of the Central Bank of Russia Olga Skorobogatova. Earlier, the official said that by using the alternative payment system foreign firms would be able to do business with sanctioned Russian companies.

...

SWIFT is a financial network that provides high-value cross-border transfers for members across the world. It is based in Belgium, but its board includes executives from US banks with US federal law allowing the administration to act against banks and regulators across the globe. It supports most interbank messages, connecting over 11,000 financial institutions in more than 200 countries and territories. The European Union is also working on an alternative to SWIFT. The project, promoted by Germany, will help Brussels to bypass US sanctions against Iran.

But if these paragraphs are "saying it all", what exactly are they saying?

In my (high octane speculative) opinion   they're saying two things, one negative, and the other, positive. The negative one is obvious: most countries are just plain fed up with Washington dictating their economic, international trading, and foreign policies, and using the big stick of international financial clearing and the concomitant ability to block financial transactions between American allies, and America's "sanctioned states." As I've pointed out before, and pointed out again in this article, the sanctions regime has hit Germany hard, since some of its largest trading partners are precisely Iran and Russia. Those sanctions, as I also blogged about years ago, forced Russia to take the steps to create its own system of clearing, and to demand that American credit card companies actually physically base their operations in that country. Additionally, the reader might recall that Japan extended to Russia the use of its own widely used system in the western Pacific basin. In other words, you can add Japan quietly to that list of countries fed up with the Anglosphere's "heavy hand."

The psotive side of this is that I suspect these reactions to the sanctions regime have been deliberately used (and perhaps, contrived... we'll get back to that in a moment) to create the "excuse" needed to build out alternative the international clearing systems that will be needed to the effort to build rail and road links between Europe and Asia. While this has been typically associated with the emergence of the Shanghai Accords nations, or BRICS bloc, and with China's "one belt one road" initiative, it should be stressed that this is not a "China only" proposition. Russia fully intends to expand its infrastructure through Siberia, building trunk lines to support growing agriculture and energy demands, and, as the recent Japanese "test run" on the Trans-Siberian demonstrates (at least, demonstrates in my high octane speculation), Russia intends for an eventual high speed rail system to be built along the route, and notably, it is Japan, not China, doing the test runs, and if anyone has experience - long experience - building high speed rail, it's the Japanese. To make all this work, there will have to be a clearing system from Europe to Asia.

Note what we have: calls for a European alternative to SWIFT, an already-in-place Russian system and invitations to join it, and Japanese willingness to allow the Russians to use their existing system in the western Pacific. Prediction? Watch for Europe/Germany to build their system, to integrate it or allow cross-communications with the Russian system, and for tighter Russian - Japanese coordination for clearing systems at the other end.

But there's a third possibility lurking behind all this, and it's one that requires me to walk to the very end of the twig of speculation, and once again, the weight of the speculation far exceeds the evidentiary twig supporting it. As mentioned above, I strongly suspect that the necessity of building out financial clearing systems not under American control to make the Europe-Asia trade-by-rail possible was and is an inevitability, and that thus, the reasons being stated or offered for doing so are merely being seized as "crises of opportunity" to explain what they were going to do anyway.

But what if that necessity itself is another such "false front reason", if I may coin the term? What if there is an entirely different reason for building out so much interlocking financial clearing? Looked at a certain way, what we see is what former Housing and Urban Development Assistant Secretary Catherine Austin Fitts, in one of our previous interviews, has described as building redundancy into the international financial clearing of the planet. And "redundancy" is what one does to cope with emergencies, or potential threats... And if one is coordinating efforts, as Europe, Russia, and Japan appear to be doing, then their must be a perceived threat that is causing them to do so. The real high octane speculative question then becomes, against whom are they doing it? The USA? Or "someone else"?

Or worse, both?

See you on the flip side...

 

10 thoughts on “RUSSIA INVITES OTHER COUNTRIES TO USE ITS CLEARING SYSTEM”

  1. good one doc. good calls all. it does not bode well for those of us who will be staying in ussa as they collapse it as they did ussr. as noted below, i guess they’ll take it apart and weaken each piece to make it easier to glom it back together into a larger easier to control whole. kind of a tokugawa period before meiji-ing us all. what was that about history repeating?

    ironic how these guys who own the printing presses publish all these prophecies and then take actions that bring about the same prophecies. almost like they’re using it as a playbook while telling everyone else that it’s the hand of their favorite choice of deity (usually a nasty individual even more so for being a deity).

    along these lines i ran across an interesting one tonight. seems there are some reasons why alotta the q posts are so pooched.

    www youtube com/watch?v=53pvbHWOAYQ

    seems there’s a hacker from way back giving thiel et al a run for their palantir control. kinda looks like a little ai scuffle. so which of these q posts have something to them?

    btw, these systems in the eu and russia and where ever else are all still going to be umbrella’d under BIS, right?

    1. ZDB, regarding your last line/paragraph:

      “Three Rings for the Elven-kings under the sky,
      Seven for the Dwarf-lords in their halls of stone,
      Nine for Mortal Men doomed to die,
      One for the Dark Lord on his dark throne
      In the Land of Mordor where the Shadows lie.
      One Ring to rule them all, One Ring to find them,
      One Ring to bring them all, and in the darkness bind them,

      In the Land of Mordor where the Shadows lie.”

    2. I think C.A.Fitts will be discussing the Bank for International Settlements (known as the Tower of Basel) soon, it should be interesting to hear.

  2. I have to correct you Joseph it’s the Noman-sphere since the last Anglo-Saxon king was slain near Hastings in 1066 AD. As for the USA and the Eurocrats, let’s face it they are useful idiots serving who knows whom or what. Let us hope that this Russian exchange works out for the best. Thanks, Robert for the book you mention.

  3. Robert Barricklow

    Goshawks,
    Your scenario rings true. A book I read in the early 90’s premise was that the geopolitical world would be divided in regions you’ve alluded to. This then would be joined in a federation[?] under the umbrella of essentially, a world government[still evolving]. Couple this w/the 5G, space fence lockdown, IoT, the digitization of Earth[bio & otherwise], and you get the picture.
    Becoming more& more under centralized control of fewer & fewer Mandarins/Oligarchs.
    This is similar to what transpired under the enclosure policies some 500 years ago where the dispossession and relocation of peoples have been a worldwide process spanning 500 years.. A great book on the subject/The Many Headed Hydra: Sailors, Slaves, Commoners, and the Hidden History of the Revolutionary Atlantic by Peter Linebaugh and Marcus Rediker [2000].
    It ain’t pretty. But
    Looks that History is about to rhyme once again.
    A wicked wind is one again, beginning to blow this way….

  4. Possible “entirely different reason ” is, maybe, Jesus’s promise to harvest the earth in not a good way. Plot too similar to movie Jupiter Jones for my comfort. Is this why Reagan ask Gorbachev for help in event of off world attack. Trump and Putin both seem a bit familiar with Bible. Keep your friends close, keep your enemies, Jesus, closer.
    Revelation 14 English Standard Version (ESV)
    The Harvest of the Earth
    14 Then I looked, and behold, a white cloud, and seated on the cloud one like a son of man, with a golden crown on his head, and a sharp sickle in his hand. 15 And another angel came out of the temple, calling with a loud voice to him who sat on the cloud, “Put in your sickle, and reap, for the hour to reap has come, for the harvest of the earth is fully ripe.” 16 So he who sat on the cloud swung his sickle across the earth, and the earth was reaped.
    17 Then another angel came out of the temple in heaven, and he too had a sharp sickle. 18 And another angel came out from the altar, the angel who has authority over the fire, and he called with a loud voice to the one who had the sharp sickle, “Put in your sickle and gather the clusters from the vine of the earth, for its grapes are ripe.” 19 So the angel swung his sickle across the earth and gathered the grape harvest of the earth and threw it into the great winepress of the wrath of God. 20 And the winepress was trodden outside the city, and blood flowed from the winepress, as high as a horse’s bridle, for 1,600 stadia.[c]About 184 miles; a stadion was about 607 feet or 185 meters

  5. anakephalaiosis

    Anti-swift is perfect storm, for two reasons. Communists fear American patriotism, and indigenous fear American orcism.

    Masonry merged with patriotism is fundamentally flawed. There is a false room of mirrors in liberty swamp.

    Original Druidic room of mirrors is Runic symbols in patristic exegesis.

    TRICK OR TREAT 11
    Ice is cold and clear,
    frost floor of glittering gems,
    beautiful to behold.

  6. To segue off of Joseph’s final paragraph: Are the PTB smart or stupid? (Assuming the PTB are human, which may be a poor assumption.) They had to know that there would be ‘blowback’ from the weaponization of finances and financial transactions – from both the ‘logical’ standpoint and the human-reaction standpoint. So, are they smart or stupid?

    I tend to favor the Problem -> Reaction -> Solution hypothesis: that they are smart, and we are being ‘played’. It could be the ‘played into redundancy’ angle. However, that seems small-time thinking if we are facing a real emergency: space-invader scenario, or such.

    My hypothesis is that the ‘redundancy buildout’ is indeed a Problem -> Reaction -> Solution play, but from a different angle: The globalists want, well, globalism. I remember from David Icke’s early work that the scenario was to ‘weld up’ continent-sized political units, before going into stitching them together into a One World hidden dictatorship. North American Union, for example. Eurasian Union was another…

    If this scenario is correct, all the heavy-handedness from “America” is to force/induce various Eurasian parties into fiscal/financial unions. From there, the Lilliputian Strings of shared financial ‘roots’ can lead to continental-unification…

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