Reader Comments From JC Collins Post:
U.S. Treasury Renminbi Bonds
ozymandias3: Although I agree that China has been under Western domination beginning with the Opium Wars, I am under the strong opinion based on my expereinces in China and with Chinese that the ChiCom are waiting for the right moments when the Dragon will finally get to consume it Western tormentors.
Although the Dragon can expell fire, it is by nature cold blooded, calculating, dangerous, has a long memory, is obsessed with collecting and protecting gold, and will strike without notice.
Hugh: There is market for what he’s selling. Pay attention towards the end regarding his comments about the USG and the Bilderburgers.
Ex CIA agent explains how to delete the elite…
Susan Morris: Is this the same article mentioned above?
Validates what JC says. I’ve recently had an exchange with Jim Willie, where I mentioned your blog, JC, and respectfully pointed out that he was wrong to think that the BRICS Development Bank was any different, but he wouldn’t agree. I don’t think he’s a Gate-Keeper (like Rickards) but you never know.
JW said recently in an interview that the Rothschilds and the Rockerfellers have split and are now on opposing sides………………. Maybe ‘China’ or ‘Russia’, even though under the heel of the BIS, have one last trick up their sleeve? Hopetimism – it’s difficult to give up!
D Mac: Not sure if you have followed any of Bix Weir’s Road To Roota theory at all but to summarize:
It was January 2007 when I first discovered the information released by the Federal Reserve Bank, Boston that changed my understanding of the gold & silver markets, the financial markets, the energy markets, the monetary system as well as the true essence of my country, the United States of America.
Interestingly enough it came in the form of a children’s comic book. The Road to Roota Theory postulates that there is a group of people in the United States as well as around the world that are working to remove and destroy the financial banking powers that have secretly controlled all aspects of our lives for hundreds of years.
The original idea of this group sprang from the mind of Alan Greenspan and involved rigging markets with computer programs that he had invented in the 1960′s. The original articles can be found here:
The Original Road to Roota
I subscribe to his email blasts and I just received this interesting one. JC or anyone, thoughts?
Bix Weir’s Email:
I’ve been getting emails from all over with articles proving that my original thesis of 7 years ago was 100% correct! IT’S TRUE….The US is TRYING to destroy the US Dollar!!!
From the implementation of FACTA to the increasing economic sanctions against Russia to the freezing of bank accounts of foreign diplomats…the US is going all out to destroy confidence in the US Dollar.
Why the US is TRYING to Destroy the Dollar
The Fed Boston told the story YEARS ago so I can hardly take credit for what seems obvious today.
But I still refer back to the original Road to Roota analysis and not much has changed:
The Road to Roota or The Implementation of a NEW Gold Standard
As countries around the world scramble to arrange new domestic monetary systems to implement AFTER the crash the United States stays on course…print and destroy, print and destroy, print and destroy.
May the Road you choose be the Right Road. Bix Weir http://www.RoadtoRoota.com
PS. I have emailed Bix the link to JC’s blog as well…
Thanks JC for this blog and forum. Much appreciated!
Steve Henningsen (@Stevephenni) BRICAS? Don’t cry for me G8… Argentina being courted?
Argentina is a food and natural resource powerhouse and would be a welcome addition to the club.
Susan Morris PS: That wouldn’t be the Carney who is now the Governor of the Bank of England, would it? Would make perfect sense!
Daneackerman Susan who Carney is was not the important point. That the little people effected change in the big bad wolf was a more important message.
godschild18 Here comes the train…
Central Asia and Africa may take place of Switzerland and Singapore as offshore banking havens’
Published time: May 08, 2014 10:31 Reuters / Edgar Su Reuters / Edgar Su
Banking, Big deal, Finance, Switzerland
With Switzerland and Singapore joining 47 countries that have agreed to share data and tax information, tax evaders are likely to move to what is currently considered emerging frontier markets, Mike Ingram, market strategist from BGC Partners, told RT.
On May 6, 34 members of the Organization for Economic Cooperation and Development (OECD) and 13 other countries signed a groundbreaking agreement on gathering tax-related information from financial institutions and automatically exchanging it every year.
The signatories, including Switzerland and Singapore, are aiming at clamping down on banking secrecy and tax evasion.
RT: The era of bank secrecy is over. The 47 states signed an agreement on automatically sharing data, so it’s a big step towards cracking down on tax evasion. What does it mean for the whole world banking sector?
Mike Ingram: It means that the latch is closing in on those who are trying to evade tax. This is the key development that we are seeing today and the OECD head described it as a real danger.
I think he might be right. You have Switzerland who signed up to this, this is the world’s largest offshore banking industry.
Also Singapore, which was growing very rapidly as well. It not only puts the net on tax evaders but it is also tightens the net on people who tried to follow money illegally perhaps to terrorism as well.
RT: Won’t those who’ve been using bank secrecy for tax evasion or avoidance find a way to bypass this new openness? You know, one door closes, another door opens…
MI: They have signed up 47 countries today [on Thursday], there are more to come. There can be some other countries that are going to look at this opportunistically and say “Hey, we can develop a new financial offshore center overnight which bypasses all these laws.” So yes, it is going to be interesting to see how all of these non-signatories, and there will be some, position themselves in the years ahead.
RT: Which countries can become the new offshores?
MI: There are some countries certainly in Central Asia. It could be also possibly be some centers in Africa. I can’t imagine the more developed nations genuinely are going to do anything other than signing them on.
And after all the whole OECD signed up today and that covers a lot of ground. But we are probably beginning to look at areas that are currently considered emerging frontier markets.
RT: How do you explain the timing of this move? Why is it happening now?
MI: It has been an ongoing process, it has been very difficult to get agreement from a number of key countries. And that’s why, for instance, Switzerland signing on to this today was so important because they have really been fighting tooth and nail for many years to let lift the veil off their much treasured banking secrecy.
And also it comes on the back of the global financial crisis. It has left a number of economies in a very poor shape.
A lot of these countries such as the UK are running sizeable budget deficits, they need all the tax revenue they can, they see that tax bases are being eroded. And of course they want to go after these people to get their tax back onshore to pay the bills.
RT: Why such a transparency is needed today?
MI: Ultimately the lack of transparency doesn’t help the economy, and it is also very socially divisive. You have been in the situation in the past where people who are massively wealthy pay no tax, where people who are working hard and just about scraping by are paying [taxes] at a full rate.
And it is very dangerous to democracy, it is very dangerous politically and economically, so the politicians have finally to do something about it.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of RT.
daniel grig (@gelingrig) It is used the pretext of tax evasion, to introduce the global tax system, which will have marked the entry into the final stage of the modern sclavitud, the SDR to be part of the process.
JC Collins Great insight Daniel.
Steve Henningsen (@Stevephenni) Another blogger on the trail of breadcrumbs:
daniel grig (@gelingrig) Hi Collins, There is an article written in Spanish that looks very much with your vision. I have translated some parts, is very much in line with your forms to understand geopolitics.
For those who want to read the whole article and see the pruebas-fotos, that translates it with google – translate on the fly directly from the page.
I’ve translated with BIG, that seems more understandable.
“It must produce a replacement of liquidity
China, in my opinion, has always been the key mechanism that the elitist used to establish a truly global currency.
Most people think that a collapse of the dollar, may not occur for the simple reason that there is no other currency with as ample liquidity that can take the place of the dollar.
But that, in the last couple of years, has changed.
The Chinese Government and its banks have issued about 25 trillion dollars in debt and monetization tools. Everyone considered him a dangerous “debt bubble”.
But I would say that the monetization of China has been carefully designed in order to lay the groundwork for a massive increase in liquidity in the Yuan.
In fact, the Chinese do not want the yuan replace the dollar; on the other hand, they are preparing to the yuan into special IMF drawing rights basket. And now that China will become the largest economy in the world, according to the World Bank, its inclusion is more than safe.
The special drawing right is not implemented immediately as a common currency. Rather, the IMF will take care of the management of currencies included in the basket and will evaluate them using the special drawing right. For example, one American dollar, currently, only is 0.64 special drawing rights (SDRS).
In the near future, it is expected the dollar to fall sharply in relation to the value of the SDR. At the same time, other currencies stronger economic position will increase in value relative to the SDR.
I think that one of the determinations leading when assessing a currency compared to the SDR will be the country’s gold reserves.
This is the reason why Russia and China in particular, have been buying commodities at an unheard of pace (and the reason why the United States gold reserves have never been subject to audit).
Governments that possess more gold is placed in a more favourable position when you implement the special right of standard as the new rotation of reserve.”
Looking better the article is written by Brandon Smith
daneackerman This is a developing movement in America that seems to fit in with your marble analogy in that the little people are trying to effect a change in the larger banks.
“You can’t fight city hall, the saying goes. But Gayle McLaughlin, the mayor of Richmond, Calif., a city of 100,000 souls, would tell you that fighting Wall Street is harder. Even for city hall.
Ms. McLaughlin has a plan to help the many Richmond residents who owe more money on their houses than their houses are worth, but it’s one that banks like Wells Fargo, large asset managers like Pimco and BlackRock, real estate interests and even Fannie Mae and Freddie Mac, the mortgage finance giants, have tried to quash.
Her idea involves a novel use of the power of eminent domain to bail out homeowners by buying up and then forgiving mortgage debt.
But the financial institutions have warned that mortgage lending would halt in any city that tried eminent domain — and they have lobbied Congress to ensure that the threat is not an empty one.
Opponents have filed federal lawsuits, while real estate interests have made robocalls to residents and sent mass mailers warning that the plan would allow “slick, politically connected” investors to “take houses on the cheap.” (The idea is actually to buy mortgages, not houses.)”
It will be interesting to see how this unfolds since other cities have collapsed to the pressure and left Richmond to stand on their own. Without having something the banks want more than all the “steelies” is a weakness that may collapse the movement before victory is at hand.
Gails Waters http://www.cnbc.com/id/101662946
The Chinese government has announced reforms that could increase market liquidity. It has proposed opening up its stock and bond markets, as well as relaxing foreign ownership of companies and pursuing both inward and outward investment
Oliver Another thing that has been overlooked, what if the SDR system never will surface? Why would the BRICS be in bed with crooks in IMF/World Bank etc?
They can just circumvent the SDR and leave it ultimately choking the US to death slowly.
godschild18 They can’t. They are bought and paid by the wealth/Bildeberg from Britain among others. Brazil, for example is just getting in the way that will facilitate the take over by the IMF?World Bank/ again…one of those colours revolutions.
Today speaking with a friend in Leblon, she told me that things are so difficult, so terrible in terms of police state and violence that she wonder if the tourists that are coming for the World Cup are out of their mind.
I told her, yes they are…
They first brings things to a boil, then they come to save us from ourselves and does not matter which side is bringing to a boil, or which side will appear to be the Savior, because in the end they are all together in the making of the disaster and in the saving from the catastrophe.
This is a time of consolidation of power, control of natural resources and bringing as many people to the brink of stress as possible.
Jeremy Moore There is a series of books that, while not related on the surface, is totally related to our current social, political, economic, and more importantly, spiritual/esoteric conditions.
I have never read a more profound or important collection of books (and I read a lot–no TV in my home). The series is more centered around the importance of conscious conception/child birth/child raising, but delves into everything including aliens, elites, and a whole lot of history we Westerners never heard of.
It provides the pieces of the puzzle that bring all of our current circumstances into focus and for myself, validates all of JC’s deeper thoughts.
The series is called “The Ringing Cedars of Russia” by Vladimir Megre. Book 1of 9 is called “Anastasia”.
The books, about 225 pages each, are written as factual events having occurred to the author, but is left to the reader to decide.
While at the surface, his story, and accounts of Anastasia, seem too fantastic to consider, but as the series goes on, her teachings have literally transformed the lives of my immediate family and many more around us who have devoted the time to finishing the books.
To me, these books provide the history of how we got to this, why we got here, whom is behind it, why, and how we WILL ALL move in a positive direction, but as so many point out, it starts within the individual.
This may sound like a stretch, but I believe Anastasia to be an avatar of sorts, and I am one hell of a skeptical/logical/objective individual. The books are available pretty much everywhere on the net. I have reread some of them 5 times over and still get something “new” every time.
In the comments here, I see a lot of folks looking for answers. As a former “news junkie” of about 10 years and continuing truth seeker, I can tell you all the truths one will ever need can be found within the open heart/mind of the individual, not from the distractions of the “news” (no matter the source).
It took these books to get me to understand how to listen to my heart and really open my mind. These books were the catalyst that propelled my family and I from a condo in Chicago to living in a bus on our own tract of land in the deep south, and I have never felt more alive, free or aware than I do now.
I realize this comment may appear out of place, but I assure you it is completely related. I urge in the strongest terms, for anyone really wanting to know and understand the bigger picture, to please read these books, and then share them with everyone you can,
They are that important in my humble opinion (and “no” I am in no way affiliated with the author, press, or distribution of these books). JC and Hugh’s contributions only serve to further validate and confirm much of what is contained in these books.
Hugh James Corbett Lays Out How the West is Engineering Its Own Downfall
“In this in-depth interview on Elijah Johnson’s Finance and Liberty, James Corbett details the process by which Russia, China, Iran and other so-called “resistance bloc” nations are being driven into each other’s arms by the increasingly aggressive US-led NATO/IMF community.
James explains how this is analagous to similar periods from recent history where an enemy was consciously and deliberately created by Western corporate and financial interests in order to justify the further spending in an ever-escalating takeover of global economic and political systems.”
tyberious A good read.
“There is lots of chatter in e-mails, blogs, and direct news sources indicating that some sort of take-down of the Zionist/Nazi cabal is under way. At the same time, there are many signs in the so-called mainstream news that the United States corporate government is isolated.
“(US Defense Secretary Chuck) Hagel, (US Secretary of State John) Kerry and (former US Secretary of State Condoleezza) Rice have become international pariahs,” is how an MI5 source described the situation.
One clear indication is that German and other non-US newspapers are reporting that Blackwater/Academi/Greystone mercenaries have been murdering people in the Ukraine.
The French, meanwhile, are still building warships for the Russians, despite the big Ukraine Nazi propaganda campaign. This proves the Europeans have completely rejected the latest Nazi scheme to start world war III.
The mathematics of the world power balance are now indisputably in favor of the BRICS alliance. The BRICS alliance now controls 90% of the world’s population and 68% of its GDP, according to the latest World Bank and other data.
With the Europeans now entering the BRICS camp, the United States Zionist authorities have no choice but to surrender.
The main reason for a delay in long anticipated announcements of what is to come next is the lack of a consensus about what will replace the old control grid.
There are intensive ongoing discussions about this going on now and this is what is being said by the various parties.
First of all, the old G7 group made a big move to try to replace the US dollar with the SDR, consisting of a basket of the US dollar, the British Pound, the Euro and the Japanese yen. The move came in the form of an announcement from the IMF that it would loan 10.976 billion SDRs (US$17 billion) to Ukraine.
This announcement was preceded by plenty of feel good talk on various alternative news blogs predicting a “revaluation.” It turns out this was simply a move to suddenly increase the SDR quota by 800% and make the SDR the new world currency by starting with the Ukraine.
The move was a failure. The countries that back the SDR account for only 10% of the world’s population and 32% of its GDP (the flip side of this are the BRICS numbers mentioned above).
The data for this comes from a World Bank study of the GDP of different countries based on Purchasing Power Parity (how much you can buy with what you earn), which is widely accepted by economists as a more accurate way to measure the real size of an economy.
Furthermore, the IMF remains a cabal institution with voting power skewed to Zionist controlled states. The United States, for example, controls 16.7% of IMF voting power (enough to give it a veto) compared to 3.6% for China even though the latest World Bank figures show the Chinese economy is now bigger than that of the US.
The IMF also has a dismal track record of forcing countries to impoverish their populations and hand over their resources to international corporations.
To put it bluntly, the IMF announcement that they would lend $17 billion to the Ukraine really meant, “We will make a few Ukrainian oligarchs filthy rich in exchange for the right to loot the Ukraine.”
Needless to say the latest cabal gambit has failed. Those IMF SDRs are never going to see the light of day. The Eastern districts of the Ukraine have now voted for independence from the Nazi/Academi regime in Kiev and it is only a matter of time before they become a part of Russia.”
Five reasons why the world needs the BRICS Bank
and BRICS Website http://voiceofrussia.com/tag_47570720/
Here is another BRICS information site http://brics.org/
humble (@uncomplettheory) If not through hard assets,land,precious metals,commodities, how is one to win “THE GREATEST GAME”.
daniel grig (@gelingrig) You need to find the roots of the BRICS. You have to find out who is behind the facade of the BRICS version.
You need to explain how is possible that Russia and China, are within the G-20 and are pushing the IMF reforms and betting for the SDR. Are you sure that the BRICS, not playing to both sides?
Do safe Estai which the BRICS, are not manipulated by the globalists themselves?
Which is conclusive proof that the BRICS, are clean, honest, and non-MANIPULATED?
Those who dream of the BRICS who read with attention this article: http://www.pbc.gov.cn/publish/english/956/2009/20091229104425550619706/20091229104425550619706_.html
About Russia things are not better with a Jewish President (Putin) with a first Minister Jew (Dmitry Anatolievich Medvedev) which are converts with Putin at the helm.
And you can’t miss Gorbachev is also Jewish and a puppet of the globalists.
All that does not you anything?
Trust in the BRICS is to trust in the West, only that the BRICS are painted in good and bad Western.
godschild18 you are absolutely right. There is a paper written by Goldman Sachs on the institution f the BRICS, which now wnats to have Argentina among them.
Above you have all you need to know about the same “***” different handlers….
Daneackerman Perhaps JASON is still working behind the scenes of this grand scheme and has one last move to play in the end. Hope is such an interesting word.
Hugh “Robust Evidence” Confirms Fed Leaks Data Ahead Of Rate Announcements
Hugh LONDON SILVER FIX DEAD — Chris Duane