The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label davos. Show all posts
Showing posts with label davos. Show all posts

Saturday, June 3, 2017

India and Russia may soon conduct trade using bi-lateral currencies as India begins negotiations to join the Eurasian Economic Union

When the Chairman of the World Economic Forum (Davos) said earlier today at the St. Petersburg International Economic Forum (SPIEF) that the Russian based conference is now on par his own global confab, he wasn't pulling any punches because the reality is, SPIEF has become one of the most important global get-togethers between nations and businesses in the world.
Klaus Schwab, the founder and executive chairman of the Davos World Economic Forum (WEF), acknowledged that the St. Petersburg International Economic Forum (SPIEF) has now become as well-known and prestigious as WEF, Sberbank CEO German Gref said Saturday. 
MOSCOW (Sputnik) — The CEO of the largest Russian bank noted that a forum's success cannot be measured by the number of agreements signed at the event because a lot of work precedes any deal and a forum is only used as a platform for signing the agreement. 
"As a whole the forum, the organization of the forum is on a good level. The founder and head of the Davos World Economic Forum professor Schwab… said that if before we were transferring experience to the St. Petersburg Forum, now we can state that we are the two equal forums. It is a very high appraisal from a person who had created the largest forum in the world," Gref said. - Sputnik News
And as an example for just how much SPIEF has become economically important to global finance, on June 3 India signed on with Russia to conduct negotiations about joining up with the Eurasian Economic Union (EEU), and to perhaps one day soon begin conducting trade in each other's bi-lateral sovereign currencies.

The Russia-led Eurasian Economic Union (EAEU) and India signed a petition on the beginning of talks to establish a free trade area, a Sputnik correspondent reported Saturday. 
The petition was concluded during the St. Petersburg International Economic Forum (SPIEF) by Eurasian Economic Commission (EEC) Trade Minister Veronika Nikishina and India's Commerce and Industry Minister Nirmala Sitharaman. 
"We are at the very beginning of this road. Usually such difficult negotiations are carried out for several years. That is why we do not know when they will finish. But we will try to implement it in a reasonable timeframe. A period of two to three years will be a very successful result," Nikishina told Sputnik. - Sputnik News
Regarding bi-lateral currency use:
Moscow and New Delhi have not yet worked out details on when to introduce bilateral trade in national currencies, Nirmala Sitharaman, India's Minister of State for Commerce and Industry, told Sputnik on Saturday. 
On Thursday, Russia and India signed a joint declaration on coordinating efforts to introduce trade in national currencies to reduce dependence on other currencies.
India is the seventh largest global economy and already a member of the BRICS coalition.  So to have them embarking on a quest for de-dollarization when it comes to future trade agreements will manifest into an incredibly shocking blow to dollar hegemony.

Friday, January 27, 2017

European Commission proposing ban on using cash for payments following push at Davos for cashless society

This year's Davos World Economic Forum saw lots of economists and central bankers discussing ways in which they could con the public into giving up their cash, and bringing about a completely digital cashless society.  And the conference was a also carryover to the numerous experiments conducted in several countries last year in which they tried to remove certain bill denominations from their monetary systems.

Yet despite the clear backlash of populist movements in the United States and in Europe, the European Commission on Jan. 27 has decided to pointedly ignore them and is proposing a program in which to restrict, and eventually eliminate the use of cash in all commerce and monetary transactions.


One Step Closer to a Cash Ban in Europe
Having discontinued its production of EUR500 banknotes, it appears Europe is charging towards the utopian dream of a cashless society. Just days after Davos' elites discussed why the world needs to "get rid of currency," the European Commission has introduced a proposal enforcing "restrictions on payments in cash."
With Rogoff, Stiglitz, Summers et al. all calling for the end of cash - because only terrorists and drug-dealers need cash (nothing at all to do with totalitarian control over a nation's wealth) - we are not surprised that this proposal from the European Commission (sanctuary of statism) would appear... 
The Commission published on 2 February 2016 a Communication to the Council and the Parliament on an Action Plan to further step up the fight against the financing of terrorism (COM (2016) 50). The Action Plan builds on existing EU rules to adapt to new threats and aims at updating EU policies in line with international standards. In the context of the Commission's action to extent the scope of the Regulation on the controls of cash entering or leaving the Community, reference is made to the appropriateness to explore the relevance of potential upper limits to cash payments.The Action Plan states that "Payments in cash are widely used in the financing of terrorist activities… In this context, the relevance of potential upper limits to cash payments could also be explored. Several Member States have in place prohibitions for cash payments above a specific threshold." 
Cash has the important feature of offering anonymity to transactions. Such anonymity may be desired for legitimate reason (e.g. protection of privacy). But, such anonymity can also be misused for money laundering and terrorist financing purposes. The possibility to conduct large cash payments facilitates money laundering and terrorist financing activities because of the difficulty to control cash payment transactions. 
Potential restrictions to cash payments would be a mean to fight criminal activities entailing large payment transactions in cash by organised criminal networks. Restricting large payments in cash, in addition to cash declarations and other AML obligations, would hamper the operation of terrorist networks, and other criminal activities, i.e. have a preventive effect. It would also facilitate further investigations to track financial transactions in the course of terrorist activities. Effective investigations are hindered as cash payments transactions are anonymous. Thus restrictions on cash payments would facilitate investigations. However, as cash transactions are moved to the financial system, it is essential that financial institutions have adequate controls and procedures in place that enable them to know the person with whom they are dealing. Adequate due diligence on new and existing customers is a key part of these controls in, line with the AMLD. 
Terrorists use cash to sustain their illegal activities, not only for illegal transactions (e.g. the acquisition of explosives) but also for payments which are in appearance legal (e.g. transactions for accommodation or transport). While a restriction on payments in cash would certainly be ignored for transactions that are in any case already illegal, the restriction could create a significant hindrance to the conduct of transactions that are ancillary to terrorist activities. - Zerohedge
The fact of the matter is that the banks, rather than individuals, are the ones aiding and abetting money laundering for terrorist and criminal activities.  In fact, it has been surmised that money laundering for the drug trade was the only thing that saved many U.S. and European banks before the Fed and government bailouts of 2008.

The banning of cash, or restricting its use by the public for normal monetary transactions, has nothing to do with illegal activity, or in the funding of terrorism.  And instead it is a desperate attempt by the elite to protect themselves from a coming liquidity and financial crisis.  Because like the growing censorship that is proliferating social media sites, and the ongoing war to try to ban gun ownership in the U.S. and Europe, the ability to hold and use one's money as they see fit is one of the most important liberties a person has.

Got gold?  You might want to as governments will not stop in trying to steal your wealth held in cash.

Tuesday, January 17, 2017

The threat of the U.S. banning cash is not over as it becomes a topic at the Davos Economic Forum

Just when Americans thought they might be out of the woods from their government seeking to ban cash, a Nobel-Laureate economist participating at this year's Davos World Economic Forum has proven that to be incorrect.  In fact, the topic of banning cash in the U.S. as well as elsewhere around the world is on the menu of this week's forum, and Joseph Stiglitz is the chef serving that main course.

Indian Prime Minister Narendra Modi has already removed 86% of his country's currency from circulation in an attempt to curb tax evasion, tackle corruption and shut down the shadow economy.
Should the US follow suit? 
Joseph Stiglitz, Nobel Prize-winning economist, thinks so. Phasing out currency and moving towards a digital economy would, over the long term, have “benefits that outweigh the cost,” the Columbia University professor said on day one of the World Economic Forum's Annual Meeting in Davos. 
Stiglitz was speaking in the session Ending Corruption alongside Mark Pieth from the Basel Institute of Governance and APCO Worldwide Founder and Executive Chairman Margery Kraus. Stiglitz and Pieth co-authored a report, Overcoming the Shadow Economy, in November last year. 
Quantifying the scale of the problem, Stiglitz said: “You can put it into the context of one of the big issues being discussed in Davos this year - the backlash against globalization, the darker side of globalization ... The lack of transparency in global financial markets, the secrecy havens that the Panama Papers exposed, just reinforced what we already knew ... There is a global framework for both corruption and tax evasion and tax avoidance. 
“The fact that you can hide ill-gotten gains so easily in these secrecy havens really provides incentives for people to engage in this activity as they can get the economic returns and then enjoy the benefits of those returns. If there were not these secrecy havens then the benefits from engaging in these kinds of illicit activity would be much diminished.” 
One of the countries that has not done enough to fight corruption is the US, Stiglitz went on to say, and one remedy could be to phase out cash and embrace digital currencies. - World Economic Forum
Stiglitz, like two other economists (Larry Summers and Ken Rogoff) who spent 2016 promoting the end of cash to protect the failures of the central banks, sees taking away the freedoms that physical money provides all individuals as the only alternative to allow the Fed to begin negative interest rates.  However, like with nearly all Keynesian economists running Western monetary systems today, they ignore the real culprits behind the use of cash in illegal activities, and refuse to call out the very banks they wish to protect from when they were tightly involved in money laundering, and helping fund terrorism and the drug war.

As we have seen in India, the European Union, and Venezuela these past few months, governments are not afraid to eliminate currencies or formulate policies meant to ban cash entirely from an economy.  And this leaves the only recourse for the common man to simply opt out of the system, and get their wealth into physical gold, silver, or bitcoin, and offshore as much of it as possible so that it is outside the hands of the financiers who want to take it from you.

Wednesday, January 27, 2016

France ready to lead the way for Europe in removing sanctions against Russia

One of the more interesting items to come out of Davos it appears is a friendlier attitude toward Russia and their leader Vladimir Putin by European powers.  And with Britain and France already breaking protocols with NATO recently over the ISIS threat, the question that is rising is whether Europe as a whole is ready to break away from their long standing affiliation with U.S. foreign policy.
On Jan. 24, France’s Minister of the Economy announced that the Eurozone nation is going to work towards ending sanctions imposed upon Russia, and attempt to facilitate an agreement throughout the EU to bring an end to the economic proxy war the U.S. started with Russia over Ukraine.

Read more on this article here...

Monday, January 25, 2016

Following Davos, Norway’s biggest bank calls for an end to the use of cash

As the annual World Economic Forum in Davos ended on Friday, the ‘Masters of the Universe’ returned home to enact some of the many topics they discussed on finance and the global economy.  And in accordance with the growing trend among the elites to ban the use of cash in the marketplace, the biggest bank in Norway on Jan. 23 raised their voice and joined in with the trend.
Norway had long been a poster child for fiscal responsibility, with nearly a trillion dollars stored away for their people from oil revenues in their North Sea production.  However, it is because of these same oil prices, and in particular their year long decline, which has led the Norwegian economy to suffer greatly and look for alternative ways to protect against capital flight.

Read more on this article here...

Saturday, January 23, 2016

Global elite flock to Davos in a failed attempt to stop markets from collapsing

Yesterday marked the end of the annual World Economic Forum in Davos, Switzerland, and saw the world's elite and central bankers discussing plans for how to deal with an economic meltdown that former BIS Chief Economist William White called, 'worse than in 2007'.


Yet even with ECB head and former Goldman Sachs banker Mario Draghi stick saving the markets on Thursday and Friday with more rhetoric of new rounds of money printing, the core fundamentals of the global economy remain on a course for total meltdown.



Wednesday, February 4, 2015

Davos 2015 agenda item: Where can the elite go to hide from coming collapse

For years members of the Patriot movement and those who were intelligent enough to see the coming economic and social collapse have been ridiculed mercilessly by the media and even President Barack Obama (guns and bibles) for dedicating time, money, and energy towards building an offsite place of security, or as those in the know would call it, a bug-out location.  Additionally, the rise of the expatriate movement has seen record numbers of Americans voluntarily give up their citizenship and move elsewhere as the government became more fascist in ideology, and the courts have erased most of our Constitutional protections.
But something new we discovered this year from the annual Davos meeting in Switzerland is that it is not the ‘right-wing kooks’ who are preparing to run away from society and the potential of a coming social and economic meltdown, but the super-rich and elite as well who spent a good portion of their time at the event discussing among themselves the best locations to purchase land, farms, and security to help them escape from the backlash they see coming for their raping the people of their wealth, and for being integral parts of a system that has almost destroyed the once great economies of Europe and the U.S..
 
Read more on this article here...