Monthly Archives: July 2014

The Dongs Revaluation is Imminent

6 Comments

By JC Collins

Happy Vietnam

The currency of Vietnam is called the dong and has been pegged to the US dollar for a very long time.  The dong has been devalued consistently over the last 4 decades to facilitate the exportation of dollar inflation.  Within the country the dollar is predominately used and loans by local financial institutions are predominately denominated in dollars.  But all of this is about to change.

The Vietnam Business Forum has been working on methods of stabilizing the Vietnamese dong and its Macroeconomic Policy Working Group (MAG) has just released its recommendations and they are dramatic to say the least.

 

As reported by Vietnamese Dong News, the following quotes are taken from the substance of the MAG report.

“Yuan, the currency of China, the second largest economy in the world, and Vietnam’s biggest trade partner, has never gotten a foothold on the foreign exchange market in Vietnam.”

The implication from the report is why would Vietnam continue to use and peg the dong to the US dollar, who it does only marginal trade with, when in reality China is Vietnam’s largest trading partner.

“Experts: heavy dependence on US dollar not good for Vietnam.”

Extremely self-explanatory.

“The report released by MAG last week pointed out that Vietnam’s dollar-pegged foreign exchange policy has had a negative impact on its trade balance.”

This is obvious and timely.  We covered the reasons for this in the post “Why the Vietnamese Dong will Reset”.

“In terms of Vietnam’s sovereign debts, its biggest creditors in 2012 included Japan (34.5 percent of Vietnam’s total foreign debts), the World Bank (28.8 percent), and ADB (15.5 percent). As such, Vietnam’s foreign debts have been valuated not only in the US dollar, but also in other hard foreign currencies, including JPY, SDR and EUR.”

Of course the SDR is the mechanism by which most sovereign debts will be restructured.  Debt will be consolidated and packaged as SDR bonds.

“MAG’s experts commented that it is unreasonable for Vietnam to follow a dollar-pegged foreign exchange policy, while its trade and foreign debts depend on other foreign currencies.”

With China being Vietnam’s largest trading partner we can assume which currency is being referred to here.

“Therefore, Vietnam has been recommended to apply a new foreign exchange policy which allows it to valuate the Vietnam dong in correlation with more than one foreign currency. This will be a reasonable choice which helps both stabilize the exchange rates and ensure the flexibility of the nation’s policies.”

The operative phrase in the quote is “a new foreign exchange policy”.  As stated, it is likely that the dong will be pegged to a basket of currencies.  Which baskets now exist outside of the Euro and the SDR?  None.  But with the announcement of the BRICS Currency Market Stabilization Fund this week and its $100 Billion injection from the BRICS countries, it is possible and probable that the BRICS currencies will form a stabilization basket from which other currencies, like the ones belonging to the Next Eleven countries, of which Vietnam is a member, can peg too and stabilize.

“Now is the right time for Vietnam to follow the new policy, as it now has all the necessary conditions to do this. Vietnam has wide economic openness, but it <does | should>not depend on any one trade partner.”

The right time is strongly implying imminence.  The BRICS Development Bank and the currency market stabilization fund are vital components of the policy being described by MAG.

“Therefore, if it were to apply the policy, Vietnam would be safe from the shocks in other foreign currency markets, if and when they occur.”

This statement is suggesting sudden and dramatic adjustments to the foreign currency markets, which is likely focused on the US dollar and the coming changes to its status as the world’s primary reserve currency.

At this point I would recommend readers to revisit the following posts:

Why the Vietnamese Dong will Reset

Vietnam Seeks Dong Stability as Dollar Nears Collapse

The American Dollar is Dumping Vietnam

A Global Currency Reset

The New Exchange Rate System

And the whole SDR’s and the New Bretton Woods series, especially Part Three, sub-titled The Real Global Currency Reset.

It is almost surreal that what we have been describing from the beginning is now taking place.  The world is on the verge of huge and dramatic changes.

The BRICS currency basket will eventually be integrated into the larger macro SDR basket, most likely at the end of the year when the 2010 Code of Reforms are finally passed and the Executive Board of the International Monetary Fund is restructured.  This fits perfectly with what we have described as the local currencies of countries consolidate into regional currency groups which will then make up the SDR supra-sovereign basket.  See the post “The Arcane SDR Supra-Macro Asset”.

The US dollar continues to be isolated around the world and the critical stage of actualization for major adjustments to the currency markets has arrived.

And for those who continue to propose that the BRICS Development Bank will compete directly with the World Bank and IMF, you will be severely disappointed when these organizations begin to announce macro financial agreements.  I’ve already discussed how the World Bank has expressed its full support for the BRICS Development Bank in the post The Emerging Multilateral.

The World Bank is also openly supporting Vietnam’s policy group and mandates, as described here.  Be sure to read the full article as the World Bank describes how China’s oil rig being placed in Vietnam’s Economic Zone has had no negative effects.

Additionally, the World Bank’s President will be visiting Vietnam on July 16th and 17th to strengthen the partnership.  These are the same dates as the BRICS summit from which the official announcements of the New Development Bank and Currency Stabilization Fund will be made.

And as we’ve explained already, the World Bank has offered its full support for the BRICS Bank.  This is not a coincidence and is making it increasingly challenging for those who attempt to convince us that their are two opposing sides to the economic reset taking place.

Its obvious that the Vietnamese dong is about to be revalued but how that revaluation will look on the other side is not clearly determined.  Those who have dreams of getting rich from the dong reset may in fact see some sort of upside but it is just as likely that capital flow restrictions could very well hamper some of this.

Much is known, as can be attested from the above information, but there still remains large components of this financial reset which have been well hidden.  But let us not forget those around the world who have suffered tremendously under the past imbalances, none more so than the Vietnamese people themselves, who have shown strength and perseverance through decades of war and economic sanctions.  The fact that they have modernized faster than any other country in the world is a testament to the power of the human heart and mind.  – JC

http://philosophyofmetrics.com/2014/07/13/the-dongs-revaluation-is-imminent/#more-936

Economics, The Next Eleven

14 Comments

By JC Collins

N11

The expectations of the BRICS Development Bank being in direct competition with the World Bank is the largest argument made to support the case of the overthrow of the banking cabal and the implementation of a multipolar world leading to chaos and a huge surge in the price of gold and silver.

It has been my contention all along that the division between east and west has been illusionary and that all countries and financial institutions are reading from the same script as written by the Bank for International Settlements.

 

The BIS is the centralized organization which sets and enforces all central banks policies for all central banks in the world.  The governor for the People’s Bank of China is on the executive board of the BIS and has openly called for the implementation of a multilateral financial system structured around a supra-sovereign SDR.

Make no mistake about it, this is what will happen.  Which is why the World Bank has offered its full support to the BRICS Development Bank and Russian Finance Minister Anton Siluanov referred to the BRICS Bank as a “mini-IMF”.

The structure of the multilateral system is becoming more visible and is starting to look exactly like what has been described in the SDR’s and the New Bretton Woods series.  Economic zones will be determined and new alliances with currencies regrouping into regional currency baskets with the supra-sovereign SDR acting as the macro of the currency baskets.

And with all eyes now focused on the BRICS and its official announcement of the Development Bank and currency stabilization fund, it is time to introduce another economic partnership which hasn’t yet been widely discussed.

This partnership is called the Next Eleven, or N11.

N11 is considered to be the next BRICS and include the following countries:

Bangladesh , Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, Philippines, Turkey, South Korea and Vietnam.

Within the micro N11 there is another partnership called MIKT.  This macro partnership to the micro N11 consists of the following countries:

Mexico, Indonesia, South Korea and Turkey.

Together the MIKT countries make up 73% of the total GDP of the N11.

Most readers will quickly recognize that all the countries, including BRICS and N11 are all countries which are moving aggressively or subtly away from the US dollar.  And yet, all the countries have central banks which are controlled by the Bank for International Settlements and are being supported by the so-called western financial institutions such as the World Bank and the International Monetary Fund.

The French bank BNP Paribas Corporate and Investment Bank along with BNP Paribas Asset Management have created an equities firm called EasyETF BNP Paribas.  Easy ETF’s main purpose is to provide equity access to the markets of the N11 countries.

Of course BNP Paribas is the bank which America has attempted to charge with an absurd fine for doing business with Russia.  As I’ve stated before these are only skirmishes along the road to the ultimate outcome of the multilateral system and SDR supra-sovereign currency.

Both groups of BRICS and N11 share the same purpose of balancing wealth around the world to ensure a true multilateral system is achieved.  No new multilateral financial system can be effectively implemented if the majority of the wealth stays in the western world.  The wealth most be balanced and shared but the people of the western world cannot awaken to the reality that the wealth they obtained on the backs of the undeveloped world will be willingly given back to the developing world.  It must appear like the shift and transition happened as a natural flow of events and modernization.

The countries which make up the “opposing” organizations, BRICS and N11, were chosen for their macroeconomic stability, political maturity and openness with the rest of the world and each other.

America and its dollar funded war machine was used to establish central banks in all the countries of the world and now that that job has been completed America has become the problem and will be integrated into the larger socioeconomic world.

The fundamentals of base economics and the trending of financial data is no longer functioning on any level that is understood by analysis.  But the world economy is not a ship lost as sea either.  The chaos is orchestrated with masterful strokes and planning.

The BRICS Summit next week will offer some fantastic drama and ultimately the official announcement of the development bank and currency market stability fund.  The currencies of all countries, including the Next Eleven, will benefit greatly from this stability fund and the New Exchange Rate System will begin to take shape.  – JC

The Emerging Multilateral

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The Purpose of QE Was to Fund the New Financial System

SA New

We have reached an agreement that, in the current conditions of capital volatility, it is important for our countries to have this buffer a so-called “mini-IMF”- a financial organization which could quickly react to capital outflow, providing liquidity in hard currency, in particular in US dollars.

The above quote by Russian Finance Minister Anton Siluanov is very telling of the structure of the emerging multilateral system.  The term “mini-IMF” was not used by accident.  It was intentionally stated in that manner to accurately reflect the micro role the BRICS Development Bank will take in the larger macro SDR supra-sovereign currency system which will be fully implemented by 2018.

 

The BRICS Development Bank, or New Development Bank as it will be called, will likely be headquartered in Shanghai or Hong Kong and will be funded by $100 Billion for its members.  This will continue to grow as additional members are added to the BRICS organization.

The possibility of long time American allies, such as Germany and France, including other South American and Asian countries, being included in the BRICS organization is becoming increasingly more likely with each passing week.  Many of the unseen variables with the transition to the multilateral system are becoming more clear with each passing day and week.

The comment about liquidity being provided in hard currency, US dollars, brings more focus to the purpose of QE and my proposition that its purpose was to partially fund the new emerging multilateral system.

At some point the US dollars, or sovereign debt, will be restructured and repackaged as SDR bonds which will be allocated through not just the BRICS Development Bank, but other international financial institutions, including the World Bank, European Central Bank, Federal Reserve, and all other central banks.

The BRICS countries are providing an additional $100 Billion in funds to help stabilize the currency markets.  What this means exactly and how it will be accomplished is probably the bigger story emerging over the next few weeks than the announcement of the bank itself.

The bond markets and currency markets are where this story will play out between now and 2018.  That year in particular, is the year where are all plans and engineering come to completion, especially the Basel 3 Regulations as designed and dictated by the Bank for International Settlements.

The BIS has been calling for an end to unrestricted money printing and the Federal Reserve, as has been suggested, getting ready for a controlled “collapse” of the US dollar.

I don’t like using the word collapse because in essence the US dollar has already lost so much of its value in the last few years as true inflation numbers accurately reflect.  Rising food and fuel prices in America are very telling of the devaluation of the dollar and a further move to purchasing power parity for the purpose of adjusted trade imbalances and eliminating arbitrage.

The rest of the world holds so much US debt that they also do not want to see the value decrease dramatically but do wish to see a purchasing power parity situation where the new issuance of bonds through a debt restructuring program will more effectively mirror and represent the economic realities of the “emerging markets” and the socioeconomic balance which is taking place between the developed world and the world that is modernizing at an ever increasing rate.

QE has been the one program that should have been a dead giveaway about the larger bond restructuring and currency stabilizing that is a required component of implementing a multilateral financial system.

All the signs and segments of this system have been there since 2010, from the transfer of gold east, to the outlines of new development banks, new international credit rating agencies, rumors of new exchange rate regimes yet to be implemented, currency swap agreements, the dropping of the dollar in international foreign reserves and trade, as well as the repositioning of geopolitical interests, along with the massive QE money printing, all correlate into the framework of the emerging multilateral system.

The system itself has to be presented to the people of the world as the solution to a problem that could not have been prevented.  Each segment of the new system will be introduced as the solution to a recognized problem which has been slowly and intentionally built up as such over the last 5 years.  The forthcoming announcement of the New Development Bank is one such example of this.

From that announcement there will continue to be a further erosion of American economic and political hegemony as more countries drift away from the dollar and the US geopolitical sphere.  The trend is now more obvious than when we first discussed the transition by way of problem/reaction/solution back in January.  Civil unrest and sovereign debt crisis continue to increase and will further push all components of the financial world into the framework of the multilateral system.

Illusions of the end of a unipolar world and the introduction of a new multipolar world are simply that, illusions of division meant to distract from and facilitate the process of transition to a multilateral financial system.  See, the geopolitical terms of unipolar and multipolar are references to countries and ideologies, neither of which matter in the modern world of centralization and total central bank control of all countries.

The Bank for International Settlements now controls the central banks of every country in the world and as such terms like unipolar and multipolar, when speaking in geopolitical terms, matter very little.  The word of today and tomorrow is multilateral and the emerging economic system will be a true representation of that.  – JC

Video: Peter Sutherland – Bilderberg – Globalist – Fascist Corporatist –

 

 

Video: Peter Sutherland – Bilderberg – Globalist – Fascist Corporatist – Public Enemy #1

The Globalist Created ‘Humanitarian’ Immigration Crisis: Why This Is Happening Now
 

 

http://youtu.be/LVZynob_4xU

https://www.youtube.com/watch?v=LVZynob_4xU

Published on Jul 3, 2014 By TRUTHstreammedia

(Truthstream Media.com) Behind the endless throngs of desperate Central American children arriving on the U.S. border and a steady wave of illegal immigrants from Mexico and beyond is a covert plan for global economic warfare — those building up the world of globalization are tearing down the sovereignty and financial strength of the United States and Europe to make way for the coming corporate new world order.

A generation of sending American jobs offshore under NAFTA, GATT and the WTO, dumping cheap corn on Mexico thereby destroying millions of farming jobs and unleashing disruptive retailers like Wal-mart upon the fragile economies of Latin America have created turmoil, uncertainty and rivers of human migration… and along with it bitter tension and discord over the dynamics of immigration, illegal immigration and the struggle for a lasting standard of living under the New World Order.

Website: TruthstreamMedia.com
Twitter: @TruthstreamNews
FB: Facebook.com/TruthstreamMedia

 

http://truthstreammedia.com/the-globalist-created-humanitarian-immigration-crisis-why-this-is-happening-now

Washing the streets and curbs

Russia approves creation of BRICS foreign exchange fund

July 7, 2014 Alexei Lossan, RIR

The Russian Government has approved a draft agreement on the creation of a $100 billion fund by Brazil, Russia, India, China, and South Africa to steady currency markets.
Russia approves creation of BRICS foreign exchange fund


The new BRICS fund will have $100 billion, though it is formed only by five countries. Source: Alamy / Legion Media
The Russian Government signed a draft agreement on the creation of a $100 billion pool of currency reserves that the BRICS countries are forming to guard against financial shocks. According to the document, the countries’ dollar reserves will remain on the balance sheets of their central banks. However, these reserves can be made available at the request of one of the parties.

Vasily Yakimkin, a senior lecturer at the Russian Presidential Academy of National Economy and Public Administration (RANEPA), says two substructures are being created under the project. The stabilisation fund with capital of $100 billion would be a direct competitor with the IMF. China would contribute $41 billion, Brazil, Russia and India, $18 billion each and South Africa $5 billion. The second substructure would be a new development bank will come into being with a start-up capital of $50 billion, with each country contributing $10 billion. “As expected, the agreements on the creation of these structures will soon be signed at the summit of the heads of the BRICS countries in Brazil on July 15,” Yamikin says. “The structures will start functioning starting in 2015.” He adds that each of the BRICS countries wants to host the headquarters of the new institution.
Yakimkin says that the development bank will fund various institutional or infrastructural projects in other countries, notably in Africa. The new currency fund will be a “mutual aid fund” to be used in case one of the BRICS countries encounters any financial problems. Russia, India, and Brazil can count on a loan equal to their contribution to the pool, while, as a rule, China’s access to the liquidity is limited to half of its share. “This project will significantly reduce the future volatility of the currency markets of developing countries, which several months ago endured a serious downturn while the IMF did not help,” says Yakimkin. The fall of the BRICS countries’ currencies began in summer 2013 when the Brazilian real and Russian rouble dropped to their four year lows in relation to the dollar and the Indian rupee tumbled to a historic low.

Key impacts

The total volume of funds in the IMF is currently $369.05 billion, but the new BRICS fund will have $100 billion, though it is formed only by five countries. “The decision of the BRICS countries about the creation of a supranational organization analogous to the IMF seems logical and correct, says Anton Soroko, an analyst from the investment holding company FINAM. “At the moment, the IMF has become something unwieldy and is practically not being reformed.” Soroko adds that the US is blocking the recapitalization of the IMF by developing countries since it risks losing a considerable amount of influence.

Vasily Yakimkin says the IMF delays lending for infrastructural and investment projects in developing countries, while overcharging interest.

According to UFSIC macroeconomics analyst Vasiliy Ukharskiy, if the project for the creation of a rival to the IMF is realized, and the bank functions properly, this will definitely bring the BRICS group to a new level. “The most important thing is for the new organization not to suffer from the same problems that the IMF has – otherwise it will just be an attempt to gain control over the supranational economic superstructure,” Anton Soroko adds. “I think that the parallel existence of these structures may bring benefits as they will one way or another start to compete for member-participants, which will push them to the more thoughtful evaluation of problems, and consequently, their solutions.”
http://in.rbth.com/world/2014/07/07/russia_approves_creation_of_brics_foreign_exchange_fund_36499.html

Video: Karen Hudes “Gold from the Global Debt Facility to Replace Paper Currency” 7.8.14

Gold from the Global Debt Facility to Replace Paper Currency 7.8.14

Published on Jul 7, 2014 By Karen Hudes

To publish the Monetary Agreements that went to all of the embassies in Tokyo on July 6, 2014

Click to access ltokyoembassiesoutoftokyo.pdf

Click to access ltokyoembassies1.pdf

http://www.newsweek.mx/index.php/articulo/10357#.U7v1_UCKqt9

Wolfgang Struck is the authorized signatory on the Global Debt Facility:

Click to access Wolfgang+Struck.pdf

This is the first mainstream coverage:

http://www.newsweek.mx/index.php/articulo/10357#.U7v0XECKqt9

The Arcane SDR Supra-Macro Asset

OK, if anybody knows, please tell me if the RV, GCR, GSF fit somewhere in this system or will they oust this one?

July 3, 2014
w/ Economic Zone Macro Assets & Regional Currency Micro Assets

By JC Collins

Micro Macro Winter Bull

Economic predictions and analysis of the current global situation are all wrong in that they are based on expected and presumed outcomes. These expectations have been built on the understandings of a system that is no longer in use. Hidden in plain site are the mechanisms and methodologies of a replacement system which first began to appear in 2009. The old system failed in 2008 and we have been operating on something different since that time.

None of the economic indicators or metrics which would normally measure and weigh the success of an economy make any sense when filtered through the mandates of the old system. Mass money printing and low interest rates are always followed by deflation and high interest rates. The outcome is as predictable as the changing of the seasons. And yet the system teeters on the edge of hyperinflation or depression deflation.
Are we to believe that the most basic and elementary economic teachings are lost on those who guide the financial world? Are we on the verge of a hyperinflation collapse or deflation lead depression? Or are we on the verge of something new and all together different from what we are expecting?

Its my contention that we are in fact on the verge of a new economic paradigm which has slowly been building since 2009. The machinations of this new system are everywhere and becoming more visible with each passing day. Chaos is only the illusion of disarray. What we are seeing is the crumbling of how things were to the structuring of how things are going to be. Transitions are completed in such a manner.

This world is not controlled by countries or ideologies. It is not sacrificed at the alter of idiocy as presented in the debasement of our so-called elected leaders. Armies do not move at the whims of drunken dullards who speak in terms of absolutes.

Useless leaders are rolled out in front of the disorganized masses of every country and presented as viable solutions to yesterdays problems. Yet the masses are given no real reference point or understanding of where those problems originated, or if they are even substantial problems to begin with.

The transfer of wealth and how it works is kept well hidden from the masses. Inflation and deflation matter very little to those outside the public sphere. It is human time and labor which ultimately holds the most wealth and is transferred to those who control the land and resources upon which man toils.

Built upon the land are resource development industries and the supporting infrastructure. All of this is either directly owned by those who control the methods of money creation or are owned indirectly by the same interests through Sovereign Wealth Funds and other similar international border-crossing funds.

Currencies and other financial assets and instruments are only methods of transferring this wealth around. Throughout history man has implemented numerous methods of transferring wealth around, from empire to empire, and financial instrument to financial instrument. The purchasing power is determined more by sociological mandates as opposed to economic ones.

What this means is that whatever system arises, the purchasing power, or economic potential of the disorganized masses, will remain relatively the same after each transition or paradigm change. Those who think otherwise are fooling themselves with illusions of selfish grandeur. This is why I have spent considerable time and effort on this site to promote and expose mans inner world of cheques and balances, none more so than through my own personal experiences.

The real wealth, the time and labor of the disorganized masses, accumulates at the top of the pyramid and those at the bottom continue to be crushed by the weight of constant consolidation and centralization. The force of gravity, an expression of consolidation and centralization, has an effect on consciousness as well as matter. Man would do well to contemplate this process and how it determines the shape of all things.

What is constant in the accumulation process is the flow of time and labor to the apex of the sociological structure, the hidden capstone. The flow pattern, or method by which the flow is initiated matters little as long as the wealth accumulates where required. And always remember that this wealth is not currencies or financial instruments, or even gold, it is ultimately and tragically human time and labor.

So human time and labor is controlled and consolidated for the purpose of maintaining a predetermined sociological and economic balance between the small organized elite, hidden at the top, and the large disorganized masses which makes up the structure underneath.

The flow pattern and initiation of the flow process will change from time to time. We are now in the middle of a time period where a change is taking place. This change is also the largest and most visible consolidation and centralization yet. For the first time a few have the opportunity to see a glimpse of the hidden capstone in the emerging status of the Special Drawing Right, or SDR.

The SDR is the phoenix which will rise from the ashes of the old financial world and sit atop the pyramid of human time and labor. It will be the penultimate hedge against the collapse of the worlds currencies, and like the sun in our solar system, it will collect all things around it, including the money symbols of nations, resources, precious metals, and all things which can be determined to have an intrinsic value, eventually even the intangibles of human imagination.

The U.S. dollar will lose its reserve status among the nations of the world but it matters not as America will benefit to a greater extent under the SDR than is now possible with the dollar. All financial machinations spewing forth from the Federal Reserve since 2008 have been specifically engineered to move the world into the embrace of the SDR. Because of this America is already fully integrated into the multilateral financial system which is about to emerge.

The evidence for the unseen is everywhere. We’ve discussed here many times the fact that all central banks in the world are part of the Bank for International Settlements system. The BIS building in Switzerland is engineered after the symbolic Tower of Babel from the bible. The tower of babel was about all nations and people speaking with one language, or currency, for the purpose of reaching heaven. It was destroyed and the people scattered across the earth, speaking different languages. They babel in effort but have now once again created the opportunity to unite in one voice and reach again for the heaven which is erroneously determined as the immortal man in the physical world, a corruption of the process of man rediscovering his immortal self.

We can also see the hidden in the announcement of the China investment bank which is to challenge the World Bank. The list of countries interested in doing business with this bank included the United States itself. Doesn’t appear that the west is challenging the challenge to its hegemony.

The SDR exists in two forms which is little understood by the masses. There are Private SDR’s and Public SDR’s, and both will initiate the flow of wealth upwards to the Supra-SDR.

Public SDR’s are the official SDR’s, or official reserve assets which are currently weighted on the value of the foreign reserves denominated in the respective currencies which make up its composition basket. The Chinese renminbi will be added to this basket by years end.

Private SDR’s are for the application of wealth flow outside the official framework. Some of these channels are found within the accounts of international organizations. The accounts of these organizations are maintained in SDR’s. Even the transit fees of the Suez Canal are denominated in SDR’s.

Some of the international organizations mentioned above would be the Sovereign Wealth Funds of the world, such as the Arab Monetary Fund.

The AMF accounts are maintained in Arab Accounting Dinars, or AAD. Never heard of this? Don’t be surprised, there is much hidden in the transition to the SDR.

The Arab Accounting Dinar is a regional currency used by all governing members of the AAF and all governing members of the AAF are the central banks of the middle eastern region, including Iraq and Syria, as well as Saudi Arabia and Kuwait. Sounds like a regional currency, though its only being used by Sovereign Wealth Funds and not by the central banks and governments themselves. This will change and much can be determined by the fact that the AAD is directly linked to the SDR at a rate of 1 AAD to 3 SDR’s.

You see, the SDR is already being used as a supra-currency, but only in the accounting of the international funds which exist outside of the official framework. Private SDR’s are already accepted by the international financial world. Now it is time to bring forth the Public SDR as the solution to a very contrived problem.

The amount of Public SDR’s, or official foreign reserves, can only be increased by a majority vote of the International Monetary Fund’s Executive Board. The United States controls the majority vote on the board which is why the 2010 Governance Reforms are specifically tailored to allow for a fair consensus on official SDR reserve increases. This will be happen by years end.

QE and mass money printing around the world will be the mechanism by which the Public SDR is introduced. All debt will be restructured through a Sovereign Debt Restructuring Mechanism into SDR denominated bonds and issued in large quantities around the world by financial institutions, both public and private. Everything, including local currencies and resources, as well as gold and silver, will be priced in SDR’s and the world will be thrust forward into the future on the flaming wings of the phoenix.

The purchasing power, or economic potential of the disorganized masses will remain the same and the sociological and economic balance between the organized and disorganized will be maintained.

Local currencies such as the U.S. and Canadian dollars, along with the numerous dinars, renminbi, ruble, dong, yen, etc.., will all be the micro regional assets which support the structure of the macro economic zone assets, such as the Arab Accounting Dinar and Euro, and those assets will be the structure which supports the supra-sovereign SDR multilateral asset.

Economic predictions fail to consider the emergence of both the Public and Private SDR’s and how strange financial decision making has been for the sole purpose of building the control grid, or framework, from which the Supra SDR will emerge.

Today America will grieve the dollar, tomorrow they will praise the Supra SDR. The capstone will remain unseen, not missing. – JC

http://philosophyofmetrics.com/2014/07/03/the-arcane-sdr-supra-macro-asset/#more-903

Former French President Sarkozy In Police Custody

When do we start?

Source: Ny Times

Mr. Sarkozy, who led France’s most prominent conservative party, was questioned a day after investigators questioned Mr. Herzog, Mr. Azibert and another magistrate. Under French law, the subject of an investigation can be arrested and questioned for up to 24 hours, with a possible extension of another day, without being formally charged with a crime.

Nicolas Sarkozy, the former president of France, was detained for questioning by French anticorruption investigators on Tuesday as part of an inquiry into breach of judicial secrecy and influence peddling, a senior prosecutor said.

Éliane Houlette, the national prosecutor in charge of financial corruption cases, said in a telephone interview Tuesday that Mr. Sarkozy had been detained for questioning at 8 a.m. She did not provide further details.

The anticorruption police are trying to establish whether Mr. Sarkozy, with the help of his lawyer Thierry Herzog, tried to obtain information from a well-placed magistrate, Gilbert Azibert, about an investigation that ensnared the former president.
Under French criminal law, influence peddling, or abuse of power in seeking to gain a favorable decision from a public authority or administration, is punishable by five years in prison and a fine of as much as 500,000 euros, or $684,000.

It’s Official – Russia Completely Bans GMOs

by Arjun Walia

Prime Minister Dmitry Medvedev recently announced that Russia will no longer import GMO products, stating that the nation has enough space, and enough resources to produce organic food.

If the Americans like to eat GMO products, let them eat it then. We don’t need to do that; we have enough space and opportunities to produce organic food.” – Medvedev

Russia has been considering joining the long list (and continually growing) of anti-GMO countries for quite some time now. It does so after a group of Russian scientists urged the government to consider at least a 10-year

moratorium on GMOs to thoroughly study their influence on human health.

“It is necessary to ban GMOs, to impose moratorium (on) it for 10 years. While GMOs will be prohibited, we can plan experiments, tests, or maybe even new methods of research could be developed. It has been proven that not only in Russia, but also in many other countries in the world, GMOs are dangerous. Methods of obtaining the GMOs are not perfect, therefore, at this stage, all GMOs are dangerous. Consumption and use of GMOs obtained in such way can lead to tumors, cancers and obesity among animals. Bio-technologies certainly should be developed, but GMOs should be stopped. We should stop it from spreading. ” – Irina Ermakova, VP of Russia’s National Association for Genetic Safety

Dmitry Medvedev attends meeting of deputies from Russian rural villages(RIA Novosti/Ekaterina Shtukina)

A number of scientists worldwide have clearly outlined the potential dangers associated with consuming GMOs. I recently published an article titled “10 Scientific Studies Proving GMOs Can Be Harmful To Human Health,” you can read that in fullhere. These are just a select few out of hundreds of studies that are now available in the public domain, it seems that they continue to surface year after year.

Russia completely banning GMOs, such a large, developed nation is a big step forward in creating more awareness with regards to GMOs. Ask yourself, why have so many nations banned GMOs and the pesticides that go with them? It’s because evidence points to the fact that they are not safe, they are young, and we just don’t know enough about them to safely consume them. They just aren’t necessary, so why produce them?

Within the past few years, awareness regarding GMOs has skyrocketed. Activism has played a large role in waking up a large portion of Earths population with regards to GMOs. People are starting to ask questions and seek answers. In doing so, we are all coming to the same conclusion as Russia recently came to.

In February, the State Duma introduced a bill banning the cultivation of GMO food products. President Putin ordered that Russian citizens be protected from GMOs. The States Agricultural Committee has supported the ban recommendation from the Russian parliament, and the resolution will come into full effect in July 2014.

This just goes to show what we can do when we come together and demand change and share information on a global scale. Change is happening, and we are waking up to new concepts of our reality every day. GMOs are only the beginning, we have many things to rid our planet of that do not resonate with us and are clearly unnecessary. We are all starting to see through the false justifications for the necessity of GMOs, no longer are we so easily persuaded, no longer do we believe everything we hear and everything we’re presented with. Lets keep it going!

For more CE articles on GMOs, click here.

For more CE articles on glyphosate, click here.

Sources:

Collective Evolution

http://rt.com/news/russia-import-gmo-products-621/

http://rt.com/news/gmo-ban-russian-scientists-293/

Ceasefire in E. Ukraine, OSCE observers at Russian checkpoints agreed at Berlin meeting

Very interesting turn of events in the Ukraine crisis. Germany, France, Russia and Ukraine just agreed to a ceasefire and structuring of a working group moving forward. Absent from the discussions was the United States. One can only speculate at the conversations taking place in Washington right now as two of America’s European allies just turned their back and embraced Russia. – JC

http://philosophyofmetrics.com/2014/07/02/did-the-u-s-just-lose-europe/

From RT

A roadmap of measures that will point a way out of the Ukrainian crisis has been agreed during four-way talks between the foreign ministers of Germany, France, Russia and Ukraine, German FM Frank-Walter Steinmeier said.
In their joint statement, the ministers called for the Contact Group to resume its work “no later than July 5 with the goal of reaching an unconditional and mutually agreed, sustainable ceasefire.”

The group should include representatives of both Kiev and the self-defense forces of the People’s Republics of Donetsk and Lugansk, Russia’s foreign minister, Sergey Lavrov, said.

While Russia only has limited influence over the self-defense forces in southeast Ukraine, Lavrov said that their representatives, including Donetsk People’s Republic leader Aleksandr Boroday, have already “publicly stated that they are ready to answer Russia’s and the OSCE’s calls to start consultations on a ceasefire.”

“The ceasefire should be monitored by the OSCE Special Monitoring Mission in Ukraine in conformity with its mandate,” the statement reads.

Lavrov, said that the ceasefire was essential to prevent further casualties among the civilian population, and to provide a chance of reaching an agreement between the sides in the conflict.

Moscow is ready to grant Ukraine border guards access to Russian territory so that they can control border crossings at several checkpoints, while the mutually agreed ceasefire is in place.

The Russian FM insisted that the ceasefire must in no way be used as a chance to redeploy forces by the sides involved in the Ukrainian conflict.

“All sides must contribute to a secure environment,” the statement concluded, emphasizing the need to ensure the safety and security of journalists working in the conflict zone.

Steinmeier expressed hope that by working together the sides will be able to stop “the escalation of the conflict, which has taken place in recent days.”

Mission accomplished?

Ukraine’s foreign minister, Pavlo Klimkin, confirmed that during the Berlin talks the parties agreed “the establishment of a bilateral ceasefire, which will be monitored by the OSCE.”

However, he added that de-escalation will only happen when the Ukrainian president’s peace plan is respected in its totality.

Klimkin also expressed hope that “the effectiveness of control over the border regime between the Ukraine and Russia will be strengthened” as a result of the Berlin agreements.

French foreign minister, Laurent Fabius, has described the outcome of Tuesday’s talks as “missing accomplished.”

“Our task is, first of all, to achieve peace and security. I think that the agreement the four countries reached is a step in the right direction,” he said.

According to Fabius, the most important issues to be addressed in Ukraine are “ceasefire; release of hostage and border settlement.”

The meeting in Berlin took place two days after the situation in Ukraine was discussed in a telephone conversation between Russian President Vladimir Putin, German chancellor Angela Merkel, head of the French state Francois Hollande and Ukraine’s new president Petro Poroshenko.

The four heads of state have supported the idea of urgently staging the third round of consultations between Kiev and the self-defense forces and have briefed their foreign ministers accordingly.

The violence has again escalated in Ukraine after president Poroshenko terminated the ceasefire in the south-east of the country on June 30.

Chairman of the Ukrainian National Security and Defense Council, Andrey Lysenko, said that Kiev troops and self-defense forces engaged in combat on 19 occasions during the last 24 hours. Three Ukrainian soldiers were killed and 10 other injured in those gunfights, he added.

The self-defense forces speak of a deadly airstrike by Kiev forces, which saw five people dead and completely destroyed a street in the village of Staraya Kondrashovka northeast of the city of Lugansk.

“We will completely clean out the separatists and free the east of Ukraine. The Donetsk and Luhansk regions will again live in peace,” Aleksandr Turchinov, Ukraine’s parliamentary speaker, is cited by Euronews as saying.

At least, 200 people have been killed and another 600 injured since the start of Kiev’s so called “anti-terrorist operation” in eastern Ukraine, the country’s national security service announced.

The number of Ukrainian refugees in Russia has reached 110,000 people, while 54,400 others have been internally displaced, the UN’s refugee department stated.

Russian Prime Minister, Dmitry Medvedev, says Ukrainian President Petro Poroshenko is now personally responsible for all the victims of Kiev’s military campaign.

“By breaking the truce [with self-defense forces in the People’s Republics of Donetsk and Lugansk] President Poroshenko has made a dramatic mistake. It’ll bring new victims. And for all of them, he’ll be personally responsible,” Medvedev wrote on his Facebook page.

“It will be much more difficult to revive talks. These are the rules of a war,” he added.