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 infrastructure. Show all posts
Showing posts with label infrastructure. Show all posts

Wednesday, January 11, 2017

Forget Bitcoin, Swift may soon put the dollar itself on the blockchain

As financial institutions and think tanks work overtime to create new financial platforms using blockchain technology, one of the most unlikely of these announced on Jan. 12 that it is in the planning stages of creating a process to function in cross-border payments using the global reserve currency.

Known as SWIFT, or the Society for Worldwide Interbank Financial Telecommunications, it is the network that facilitates the exchanging of the world's currencies for dollars to aid in the function of global trade and commerce.  And in a release made on Wednesday the institution reported that they are planning on using blockchain technology to replace older infrastructures in their processes of servicing the global reserve currency.

Image result for blockchain dollar
A global platform that connects the vast majority of the world's banks has begun building a blockchain application to simplify cross-border payments. 
Announced today, The Society for Worldwide Interbank Financial Telecommunication (Swift) is integrating open-source blockchain technology with its own products to build a proof-of-concept that might one day replace the so-called "nostro" accounts it keeps filled with cash all over the world - just in case they need it. 
If successful, the blockchain application has the potential to finally achieve a longstanding dream of Swift, to free up the cash stored in those accounts so it can be invested in more profitable measures. - Coindesk

Wednesday, February 10, 2016

China to buy Chicago Stock Exchange

As the U.S. continues to lose infrastructure and other assets to foreigners holding trillions in dollar reserves, some of the most significant transfers are now occurring in the financial sector.  A few years back, Russia purchased Morgan Stanley’s oil trade desk which provided them significant leverage in the global petrodollar system, and in the same year China purchased J.P. Morgan’s headquarter building that is connected across the street from the Federal Reserve, linking the Asian power’s banking system directly with America’s.
Now on Feb. 6, China is expanding their control into U.S. equities as it has been confirmed that a Chinese company is buying the Chicago Stock Exchange.

Read more on this article here...

Friday, December 18, 2015

Thomas Jefferson was right again as Germany takes over Greek infrastructure because of debt

Founding Father Thomas Jefferson once said, “If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.”  And in a sad but interesting 21st century version of this prediction over in Europe, Germany has used Greece’s odious debt to take over several Greek airports.
Most of Greece’s nearly $300 billion in debts owed to the ECB, IMF, and foreign sovereign banks like Germany came from defaulted bonds that were originally purchased by private institutions, who then used the central bank to force Greece to cover the debt by borrowing from them.  And since the Credit Crisis and Great Recession made it impossible for Greece to even remotely pay off these loans, the end result is now Greece having to sell the rights to their own infrastructure, and to the very debtors who refused to negotiate a settlement earlier this year.

Read more on this article here...