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 imf. Show all posts
Showing posts with label imf. Show all posts

Saturday, August 22, 2015

Get ready for next move against dollar as IMF delays Yuan inclusion to SDR for a year

On Aug. 19, the IMF announced that they were delaying the decision to include the Chinese Yuan (RMB) into the SDR basket of currencies for at least one year, or until Sep. 30, 2016.  The decision to exclude the Yuan in next year’s basket content was determined a week ago, but the announcement to go forward with allowing China to stabilize and strengthen its currency was only released today.
IMF executive board extends current composition of its Special Drawing Rights for nine months until Sept. 30, 2016.
IMF staff had recommended extending the current basket, which was due to expire Dec. 31, to minimize disruption if yuan added.
Board decision gives SDR users “sufficient lead time to adjust in the event that a decision were to be taken to add a new currency to the SDR basket”
Board made decision Aug. 11IMF says in statement - Bloomberg via Zerohedge


Read more on this article here... 

Monday, August 10, 2015

BRICS bank’s purpose is banking for the people, not for oligarchs

A couple weeks ago, Russia Today did an interview with Dr. Sreeram Chaulia, who is the Executive Director of the Centre for Global Governance and Policy (CGGP) at the Jindal School of International Affairs on the significance and mission of the new BRICS bank and how it will be completely different than nearly all global financial institutions currently functioning in the West.
During his interview, Dr. Chaulia stressed the importance of how banking is expected to change within the scope of the BRICS coalition, and that unlike the IMF and World Bank missions that have been around for decades, the new BRICS bank will focus more on lending and development for the people, and less so for oligarchs, politicians, and other sovereign entities that have used these types of financial institutions for their own gains in the past.

 
 
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Tuesday, June 16, 2015

IMF begins process for bringing Chinese Yuan into the SDR

On June 14 the IMF sent a team of analysts to Beijing to begin the process of determining whether the Chinese Yuan will become part of the Special Drawing Rights (SDR) basket of currencies.  Already progressing quickly as a globally used trade currency since 2009, the Yuan or RMB is now looking to make its mark in one of the most important financial institutions in the West.
Since December of last year, the Chinese Yuan has become one of the top five used currencies for international trade, with more than 23 major economies creating swap lines to facilitate its use.  And at the same time that the dollar is losing market share in global trade, the RMB has jumped more than 4% in just the past 12 months.

 
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Friday, May 29, 2015

China on the edge of becoming full fledged trade currency with IMF acceptance, meaning potential end to the dollar

Over the past three years the Chinese Yuan (RMB) has grown as a global trade currency from a starting point of around 3%, to its current level of over 12%.  And with 60 central banks around the world investing in the Yuan, and 30 nations having direct currency swap lines for the RMB, China is right on the cusp of exploding into a full fledged trade currency to not only compete with the dollar, but to summarily end its reign as the global reserve.
In fact, China is so close to achieving this goal that America’s reign over the reserve currency may hinge on the IMF’s upcoming decision to allow the Yuan to be part of its SDR basket, which would facilitate the spreading of Yuan based bonds to all corners of the financial system.  And if this happens, the majority of global trade partners, especially those in Asia and Eurasia, are prepared to completely divest themselves from the dollar and begin a new environment of direct bi-lateral trade using no middleman at all.
 
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Sunday, April 26, 2015

Is the IMF trying to beat China in the creation of a new reserve currency?

Earlier this year, China announced that they will have their new SWIFT system fully functional by either September or October and can then fully float the Yuan currency worldwide.  Many are believing that once SWIFT is up for the world’s largest economy then it will be the end of the dollar as the global reserve currency.
However, a new report out from Stansberry Research is alleging that the IMF is not planning on sitting idly by while the East wrests control from them over the global monetary system, and could be finalizing plans of their own to replace the dollar before China does, and if so it would probably be in the form of the Special Drawing Rights (SDR) currency.
 
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Wednesday, January 7, 2015

New Zealand signs on to join Chinese World Bank alternative

On Jan. 5, New Zealand became the 24th nation to sign on and join as a founding member the Asian Infrastructure Investment Bank (AIIB) which will act as an alternative to the Western run World Bank.

The AIIB is a brain child of the new Chinese expansion in Asia, and will act in a duplicate function to the IMF and World Bank, but without the forced austerity and political measures demanded from the Western led monetary agency.  The AIIB also joins with Russia’s new SWIFT mechanism and paves the way for a future global trade system that runs outside the dollar and the U.S. dominated reserve currency.


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Tuesday, October 28, 2014

New banker suicide brings total of mysterious deaths to 16

On Oct. 23, a partner of former IMF chief Dominique Strauss-Kahn was found dead after apparently committing suicide in Tel Aviv.  Thierry Leyne, a 48 year old French-Israeli banker and managing partner in the investment firm Leyne, Strauss-Kahn & Partners, is believed to have jumped from the 23rd floor of Yoo Towers, which is a prestigious residential area in the capital of Israel.


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Soros lies in press to vilify Russia calling for IMF to fund Europe in economic war

Former Nazi collaborator and billionaire George Soros took the unprecedented move to pen an op-ed charging Russia with economic warfare against the European Union, and calling for the IMF to fund the EU against what Soros implies is ‘a Russian attack on Ukraine that is indirectly an attack on the European Union and its principles of governance.’



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Wednesday, October 16, 2013

IMF proposes a 10% tax on all bank deposits to pay for sovereign crises

First there was Cyprus, where upwards of 60% of all bank deposits were confiscated to bail out private bank insolvency.  Then came new initiatives by several countries, including Canada, New Zealand the the ECB, to take depositor funds and use them to bail out financial institutions during the next economic or monetary crisis.
And on Oct, 14, we have the IMF proposing a new 10% tax on all European depositors to help bail out the increasing sovereign debts that have only expanded in the Euro Zone since the credit crisis of 2008.
 
Read more on this article here...

Friday, August 30, 2013

Hungary kicks out Rothschild and joins three other nations with no privately owned central bank

For decades the global central banks, who used debt and the control of currency to enslave nations, were systematically conquering renegade countries who saw fit to evade Rothschild control through proxy wars and insurrections.  In just the past decade, two of these former nations that saw fit to control their own banking operations (Iraq and Libya) have fallen to military and insurgent forces under the spurious claims of terrorism and WMD’s.  This left only Iran, North Korea, and Cuba as the remaining free nations not under Rothschild control.
However, an astounding turn of events has taken place in the country of Hungary, where earlier this month, the former Soviet Union principality eliminated its final debt obligation to the IMF, and subsequently removed the imperial bank from its dominion and began a new program to print out its own debt free money.
 
Read more of this article here...

Tuesday, March 20, 2012

US Taxpayers begin bailouts in Greece as IMF confers first payments under settlement

For all intensive purposes, the IMF is the United States taxpayer.  America provides 17% of the funding to the global bank, and almost 3 times the amount as the second biggest contributor (Japan).  So in every sense of the word, when politicians or the media refer to the IMF, they are really talking about the US and US taxpayer.


IMF Members' Quotas and Voting Power
Nation
Percentage of Funding Quota
Percentage of Executive Board Votes
U.S.
17.09%
16.74%
Japan
6.12%
6.01%
Germany
5.98%
5.87%
France
4.94%
4.85%
U.K.
4.94%
4.85%














With this being determined, it should be no surprise to the American people that the Greek settlement and Greek bailout would be thrust onto the US and our tax dollars... similar to how our tax dollars were used by the FED to bailout European banks in both 2008 and again this year under dollar swap programs.


"Greece has received the first 7.5 billion euros of aid from its new EU/IMF bailout, with the bulk of the payment going to repay bonds held by the euro zone's central banks, government officials said on Tuesday." So while the Greek may particularly care that not only will they not see much if any of the actual bailout cash, and in fact will soon have to start using their gold to fill the capital shortfall as reported here, we are curious what the response will be from US taxpayers, who are on the hook for about 17% of IMF funding, as the money starts trickling in, however not for some old-fashioned concepts such as stimulating jobs, but simply to indirectly, with Greece as a conduit, bailout Europe's insolvent central banks. - Zerohedge

Wednesday, January 18, 2012

Ron Paul lays out the new global currency path during campaign stop

On January 15th, Ron Paul took time to speak to a group in South Carolina during his campaign trek.  He laid out before the people the true end game of the current financial and economic crisis, and that being the creation of a new global monetary order which is being driven by the UN and IMF.

"We have a financial crisis... they know it as much as we do, and they're planning an international answer to this."  "They're planning through the IMF to come up with a world currency to replace the dollar, because the dollar will be replaced... you just can't keep printing them forever."

Monday, December 19, 2011

Euro Circus: Italy to give money to the IMF to bailout Italy

We have to wonder now about the Italian education system, and the bright young minds who grow into politicians and central bankers in the Euro Zone.  Today, a letter by the IMF specified that Italy needs to provide $32 billion Euros to the banking institution so they can use the funds to bailout...

Italy.

EUstatement

Pretty soon, we are going to have to tax the American citizens more so they can pay off the debts the Federal government owes on their behalf.  Oh wait... we do that anyway, so maybe our education system is just as bad as the Italians.

Tuesday, November 15, 2011

Truth in cartoons: GI Joe and Cobra fighting for currency supremacy over the dollar

Sometimes, cartoons as well as hollywood movies can foreshadow future events in real life.  V for Vendetta pictured a George Orwell police state in Britain where cameras and recorders would view and monitor every movement of its people.  Today, a large portion of those events have come to pass in London.

Now we find an older obscure GI Joe cartoon where their nemesis Cobra, has decided to bring the global monetary system to its knees by destroying the dollar and instituting the Cobra currency.


"Due to the financial irresponsibility and incompetence of your leaders, Cobra has found it necessary to restructure your nation's economy."

With Europe and the US on the precipice of monetary collapse once again, is it safe to assert that perhaps Cobra is working for the IMF in preparation of a new global currency?

Wednesday, October 19, 2011

The debt reality for the American people

A new study out shows that even with all the hoopla about Congress dedicating itself to cutting waste in Washington, federal spending is actually up 5% this year.

Meet the new bosses... same as the old bosses.

In fact, in the first nine months of this year, federal spending was $120 billion higher than in the same period in 2010, the data show. That's an increase of almost 5%. And deficits during this time were $23.5 billion higher.
 These spending hikes haven't stopped many analysts from claiming that the country is in an age of budget austerity, one that's hurting economic growth. - Investors.com
The thing is, little of that additional spending went to help the American people in any way.
Now, the IMF has issued a new chart on per capita debt, intrinsically tied to our government spending.  The chart shows that our debt is growing much faster than our GDP output, and it basically shows that the US has crossed the Rubicon of insolvency not only at the Federal level, but at the individual level as well.

Chart courtesy of the IMF via Zerohedge