Yesterday, New York City reported its first case of monkeypox, just in time for the World Health Organization’s meeting that will cede the authority of national governments to the WHO’s Director General on all cases of public health.
Sound familiar?
From Zero Hedge:
I’m sure that ultimately this will be the largest outbreak of monkeypox that we’ve had outside of the endemic areas in Africa,” Daniel Bausch, infectious disease expert and president of the American Society of Tropical Medicine & Hygiene told Axios.
That said, Bausch doesn’t think there’s cause for concern just yet.
“I don’t think there’s a reason for panic. I don’t think we’re going to have tens of thousands of cases.”
Prof Anne Rimoin, professor of epidemiology at the UCLA and a world renowned monkeypox expert, told the Telegraph that vaccinating close contacts of confirmed cases, also known as ring vaccination, is a good option for health officials.
She added that the public should not, at this stage, be too concerned.
“For your average person I would not be overly alarmed. If you have a rash, contact your health provider, a rash that is unusual or looks like monkeypox,” she said.
“If you think you’ve been exposed to somebody who has monkeypox that has this kind of a rash I would I would identify yourself and talk to your healthcare provider.”
What is this? Fear Porn. Bausch’s statement above is eerily similar to that statement of Anthony Fauci regarding COVID back in early 2020: COVID is “not a major threat to the people of the US.”
According to Dr. Robert Malone, of mRNA fame:
In my opinion, based on currently available information, Monkeypox is a virus and disease which is endemic in Africa, emerges sporadically after transmission into humans from animal hosts, and is typically spread by close human contact. It is readily controlled by classical public health measures. It does not have a high mortality rate. Unless there has been some genetic alteration, either through evolution or intentional genetic manipulation, it is not a significant biothreat, and has never been considered a high threat pathogen in the past.”
The global Monkeypox outbreak—occurring on the exact timeline predicted by a biosecurity simulation of a global Monkeypox outbreak a year prior—bears a striking resemblance to the outbreak of COVID-19 just months after Event 201, a simulation of a coronavirus pandemic almost exactly like COVID-19.”
Better line up for those Moneypox, er, Monkeypox, vaccinations! (The U.S. government has just spent $114 million buying 13 million smallpox vaccines)
To make sense of the actions of WHO, the CDC, the FDA, NIH, and NIAID, please read Bobby Kennedy Jr.’s great book, The Real Anthony Fauci. It has over 17,000 reviews with 89% 5 star.
Posted inNews and Politics|Comments Off on It just keeps getting weirder and weirder…
From the U.S. Government’s National Center for Biotechnology Information and the NIH. Read this article before it is taken down.
This article will blow your mind. Read the entire article, it is a truth bomb, no exaggeration. Highlights from the article:
The COVID-19 pandemic is one of the most manipulated infectious disease events in history, characterized by official lies in an unending stream lead by government bureaucracies, medical associations, medical boards, the media, and international agencies.[3,6,57] We have witnessed a long list of unprecedented intrusions into medical practice, including attacks on medical experts, destruction of medical careers among doctors refusing to participate in killing their patients and a massive regimentation of health care, led by non-qualified individuals with enormous wealth, power and influence.
For the first time in American history a president, governors, mayors, hospital administrators and federal bureaucrats are determining medical treatments based not on accurate scientifically based or even experience based information, but rather to force the acceptance of special forms of care and “prevention”—including remdesivir, use of respirators and ultimately a series of essentially untested messenger RNA vaccines. For the first time in history medical treatment, protocols are not being formulated based on the experience of the physicians treating the largest number of patients successfully, but rather individuals and bureaucracies that have never treated a single patient—including Anthony Fauci, Bill Gates, EcoHealth Alliance, the CDC, WHO, state public health officers and hospital administrators.[23,38]
…
Here is a list of things that were labeled as “myths” and “misinformation” that were later proven to be true:
The asymptomatic vaccinated are spreading the virus equally as with unvaccinated symptomatic infected.
The vaccines cannot protect adequately against new variants, such as Delta and Omicron.
Natural immunity is far superior to vaccine immunity and is most likely lifelong.
Vaccine immunity not only wanes after several months, but all immune cells are impaired for prolonged periods, putting the vaccinated at a high risk of all infections and cancer.
COVID vaccines can cause a significant incidence of blood clots and other serious side effects
The vaccine proponents will demand numerous boosters as each variant appears on the scene.
Fauci will insist on the covid vaccine for small children and even babies.
Vaccine passports will be required to enter a business, fly in a plane, and use public transportation
There will be internment camps for the unvaccinated (as in Australia, Austria and Canada)
The unvaccinated will be denied employment.
There are secret agreements between the government, elitist institutions, and vaccine makers
Many hospitals were either empty or had low occupancy during the pandemic.
The spike protein from the vaccine enters the nucleus of the cell, altering cell DNA repair function.
Hundreds of thousands have been killed by the vaccines and many times more have been permanently damaged.
Early treatment could have saved the lives of most of the 700,000 who died.
Vaccine-induced myocarditis (which was denied initially) is a significant problem and clears over a short period.
Special deadly lots (batches) of these vaccines are mixed with the mass of other Covid-19 vaccines”
Winston Churchill is credited with saying “Never let a good crisis go to waste” in the mid-1940s as the world approached the end of WW 2. Churchill was supposedly referring to the alliance between himself, Stalin and Roosevelt in their defeat of the Nazis, promoting the idea that it is possible to create opportunities in the midst of a crisis.
Modernly, this idea has been flipped on its head as propagandists and warmongers use it to promote their agendas. Nowhere is this more evident than in the jingoism surrounding the war in the Ukraine.
The House passed a “Ukraine Aid” package yesterday. It includes $6 billion for security assistance, including training, equipment, weapons and support; $8.7 billion to replenish stocks of U.S. weapons sent to Ukraine, and $3.9 billion for European Command operations. In addition, the legislation authorizes a further $11 billion in Presidential Drawdown Authority, which allows the president to authorize the transfer of weapons and “services” (read intelligence info and U.S. advisers in this proxy war against the world’s largest nuclear power) from U.S. stocks without congressional approval in response to an emergency. Biden had asked for $5 billion. It also authorizes $4 billion in Foreign Military Financing to provide support for Ukraine and other countries affected by the crisis. [emphasis mine]
This bill is a payoff to U.S. arms manufacturers. That’s why it was rushed to the floor for a vote in the House before our representatives could even read the bill. This is how “our democracy” works.
Here is how the great Glenn Greenwald puts it:
It is difficult to put into context how enormous these expenditures are — particularly since the war is only ten weeks old, and U.S. officials predict/hope that this war will last not months but years. That ensures that the ultimate amounts will be significantly higher still.The amounts allocated thus far — the new Biden request of $33 billion combined with the $14 billion already spent — already exceed the average annual amount the U.S. spent for its own war in Afghanistan ($46 billion)….
“While Washington depicts Russia as some sort of grave and existential menace to the US, the reality is that the US spends more than ten times on its military what Russia spends on its military each year….
“While it is extremely difficult to isolate any benefit to ordinary American citizens from all of this, it requires no effort to see that there is a tiny group of Americans who do benefit greatly from this massive expenditure of funds. That is the industry of weapons manufacturers. So fortunate are they that the White House has met with them on several occasions to urge them to expand their capacity to produce sophisticated weapons so that the U.S. government can buy them in massive quantities.”
The US intelligence community believes that Russian President Vladimir Putin’s war in Ukraine is likely to become “more unpredictable and escalatory” in the coming months,” said the Director of National Intelligence Avril Haines.“
This is how “our democracy” works. Floating trial balloon stories prolonging a war to prepare the country for more conflict, and more spending for the warmongers. Great, aint it?
Meanwhile, on the Home Front
The cabal that rules the US likes foreign wars, but it doesn’t like parents showing up at school board meetings, mothers who are concerned with mask mandates and forced vaccinations of their children, and others who engage in real participatory democracy. In March, Merrick Garland, the Attorney General, issued a memorandum to the FBI about the threat of moms and dads participating in school board meetings.
The DOJ urges reporting “threats of violence” against school board members or public-school staff to the FBI’s National Threat Operations Center (NTOC) via its national tip line (1-800-CALL-FBI) or online through the FBI website.”
Yeah, because moms and dads speaking up at school board meetings are a big threat, but the control of our southern border by murderous, fentanyl-running, human trafficking Mexican drug cartels are not even worth mentioning.
Why is the federal government inserting itself into what should be a matter for local and state law enforcement? Because the goal of “our democracy” is a totalitarian state where democracy doesn’t exist. The wormtongues in our government, their corporate lackeys, and their running dogs in the media say the exact opposite of what they mean.
It is no surprise that the corrupt elites who rubber stamp the policies of “our democracy” consider true democratic participation in the nation’s political life to be a threat. The next time you see one of these shills (who always find their way in front of the cameras on the nation’s “news” networks) pontificating on CNN or MSNBC or FOX or any of the major networks, notice how many times they mention the code words “our democracy.” I have noticed this now for months.
It’s how the corrupt ruling class, who regard themselves as our overlords, refer to themselves.
There isn’t enough money or effort to feed our children, but there’s plenty of money and effort to feed the war machine, even though the U.S. government is over $30 trillion in debt. How will this $40 billion dollar spending bill – much of it going to arms manufacturers (excuse me, “defense” contractors) – be paid for? The Fed will print more money, further driving up inflation.
And it’s not a Democrat or Republican issue. My congressman, a Republican, voted for this $40 billion unfunded bill. He never even read it. He was too caught up in the frenzy about the Russia-Ukraine war to bother.
The product of war is death. The result of not caring enough to ensure a supply of baby formula is death. Instead of taking sides in a war, instead of appropriating more and more money for war, what is needed is compassion, tolerance, transparency, and peace.
The World Health Organization’s World Health Assembly #75, May 22-28 in Geneva, Switzerland, is proposing new amendments to the International Health regulations that will create a one-size-fits-all global health strategy. The new amendments will mandate specific responses by all countries in the world affected by a health emergency. These amendments will simply be added to the existing regulations so that it does not need to be ratified by the world’s governments. The amendments to the existing WHO health regulations will push vaccinations, distributed by GAVI, the Bill and Melinda Gates Foundation organization.
In a sneaky, backdoor manner, the Biden administration signed these amendments for the US in January, but did not release information about it until April 12 when it popped up on the WHO website.
In effect, the new amendments take away a country’s sovereignty in a health emergency, and power devolves to the WHO’s Director General. This is also a power grab by Gates, who will be in charge (and making money) from every vaccine produced during a declared pandemic.
Here is a summary of what the amendments say:
As required, the WHO finally published the US “amendments.” It shows the deletions and as well the new additions. What the Biden Administration changes do is to transform a previously advisory role for the WHO to national governments on not only pandemic responses but also everything tied to national “health,” with an entirely new power to override national health agencies if the WHO Director General, now Tedros Adhanom, determines. The US Biden Administration and WHO have colluded to create an entirely new treaty which will shift all health decisions from a national or local level to Geneva, Switzerland and WHO.
Typical of the Washington amendments to the existing WHO Treaty is Article 9. The US change is to insert WHO “shall” and delete “may”: “If the State Party does not accept the offer of collaboration within 48 hours, WHO shall may…,. In the same article now deleted is “offer of collaboration by WHO, taking into account the views of the State Party concerned…” The views or judgment of say, Germany or India, or USA health authorities become irrelevant. WHO will be able to override national experts and dictate as international law its mandates for any and all future pandemics as well as even epidemics or even local health issues.
Moreover in the new proposed Article 12 on “Determination of a public health emergency of international concern, public health emergency of regional concern, or intermediate health alert,” WHO head–now Tedros in his new 5-year term–alone can decide to declare an emergency, even without agreement of the member state.
The WHO head will then consult his relevant WHO “Emergency Committee” on Polio, Ebola, Bird Flu, COVID or whatever they declare to be a problem. In short this is a global dictatorship over citizen health by one of the most corrupt health bodies in the world. The members of a given WHO Emergency Committee are chosen under opaque procedures and typically, as in the current one on polio, many members are tied to the various Gates Foundation fronts like GAVI or CEPI. Yet the selection process is entirely opaque and internal to WHO.
Among other powers the new Pandemic Treaty will give Tedros and WHO the power to mandate vaccine passports and COVID jabs worldwide. They are working on the creation of a global vaccine passport/digital identity program. Under the new “Pandemic Treaty”, when people are harmed by the WHO’s health policies, there’s no accountability. The WHO has diplomatic immunity.
Former WHO senior employee and whistleblower, Astrid Stuckelberger, now a scientist at the Institute of Global Health of the Faculty of Medicine of the University of Geneva, noted,
“if the new Pandemic Treaty is adopted by member states, “this means that the WHO’s Constitution (as per Article 9) will take precedence over each country’s constitution during natural disasters or pandemics. In other words, the WHO will be dictating to other countries, no longer making recommendations.”
A global, authoritarian vaccination regime under the guise of health emergencies is the Dark Army’s Final Solution to the pesky billions who demand ridiculous things like life, liberty, and the pursuit of happiness. The wretched sociopaths in GAVI and the WHO want to create a worldwide collective hive-mind society, which has already been implemented by the CCP in China. The Chinese government, as of this writing, has locked down over 400 million people during its insane policy of “zero COVID.” Expect similarly irrational policies in other countries if these amendments gain traction among the world’s governments.
Fortunately, self-aware persons will never tolerate such dictatorial policies. This is the last gasp of the dark army, which is advancing its agenda worldwide in an attempt to stop the Great Awakening.
It will never work.
(Update: The amendments were withdrawn at WHA #75 due to pressure from all over the world. This is a big win.)
The goals of the dark army are Transhumanism and the creation of a collectivist, authoritarian, techno-fascist medical lockdown state. Their tactics: fear and intimidation.
The idea that an entire planet of almost 8 billion humans could be forced into such a mind-washed condition could only be envisioned by delusionary, power-mad psychopaths.
All human beings are being forced to choose what kind of planet we want to live on.
It’s in your grille now, ladies and germs. Those with self-awareness will understand instinctively which way to go.
The world is being divided in two: Those with self-awareness, and those without. Those who understand their divine origins, and those who are materialist meat-heads who can be herded by the latest fear porn and propaganda campaign.
Speaking Spiritually to Old Souls
Let me speak from the POV of an old soul who has seen this before. For old souls, the planet earth is not our first rodeo. We have been on other planets in other civilizations that have gone through the “barrier.” The barrier of light and dark. The Test.
The events we are seeing on the planet have never occurred before in the entirety of human history. Worldwide pandemics created in a lab, experimental vaccines pushed on the entire human population, an invasion of the U.S. southern border in which hundreds of thousands of people are crossing illegally every month from 150 countries, the attacks on women and children via gender and trans-gender identity, and the insanity of Transhumanism, which seeks to replace the human being and the human body with an artificial one, or even, as the ultimate goal of Transhumanism, altered or artificial containers for human consciousness.
Those who promote these agendas are, without exception, materialists with no understanding of self or their divine connection to the Creative Source. This is a war on human beings by the forces of darkness.
Every civilization goes through this. Free will determines success or failure. Some planets make it and others don’t.
On earth there is a contingent of old souls who recognize this. These are the people who are waking up.
We’re going to make it.
Old souls have been on planets that didn’t make it. There is a “feeling” associated with the collective consciousness on every planet that has gone through the Test. Old souls recognize the feeling of failure and success.
There’s a feeling of doom and inevitable failure associated with civilizations that don’t make it. There is also a feeling of success for those that do.
Enough old souls are awakening to ensure success.
The Great Awakening
Peace of earth is not going to happen in our lifetimes. On this planet of free choice there will always be those who choose the dark. But over the generations the shift, or the balance, between low and high consciousness is gradually going to shift to the light.
The most effective strategy of the Dark is to present itself as an overwhelming force that cannot be stopped. The WHO amendments are a good example. Already influencers are chirping about how evil it is, how humanity is going to be under the thumb of tyrants, and there’s nothing we can do about it.
This is an overreaction. The WHO can pass all the amendments it wants. Illegitimate governments all over the world can sign on to them. But a reservoir of self-aware persons around the globe (growing more numerous every day) won’t buy into it. Fortunately, the percentage of anti-social persons is at most 10% of the population.
The Great Awakening has forced the Dark Army to advance their plan too quickly. Another generation, perhaps, and it might have succeeded.
Not now.
So let’s take a step back and get centered. The Dark has been forced by the Light to organize for its survival. The Dark cannot succeed except in stealth and secrecy. The light is shining so brightly now that the Dark operatives have been forced to come out from under their rocks. Their activities are being exposed, indicated by the publication of the new WHO amendments.
Is it too late to prevent the amendments from being adopted at WHA 75?
Probably. So what?
(Update: the amendments were rejected, but observers say they have just been postponed).
These pathetic psychopaths pass their diktats assuming that the world’s population will mindlessly obey, like sheep. Not going to happen.
Let’s listen to Yuval Hariri, the Transhumanist guru. He’s a very sincere psychopath, and one of the spokespersons for the globalist/WHO agenda.
https://twitter.com/i/status/1516923918292074498
This is what he says:
COVID is critical because this is what convinces people to accept, to legitimize, total biometric surveillance. If we want to stop this epidemic — we need to not just monitor people, we need to monitor what is happening underneath their skin.”
How about that folks? Is that the kind of world you want to live in?
Well, get set because sincere little sociopaths like Hariri and Klaus Schwab are all in. Fortunately, their low self-awareness blinds them to the absurdity of their own ideas and beliefs. Moreover, no sane person will give up his/her sovereignty for this psychotic plan, no matter how much intimidation is applied.
Here is Hariri’s (and the WEF, and the U.S. government’s) plan for humanity. Listen to this nutjob outline what he thinks is best for you and me:
Maybe in a couple of decades, when people look back, the thing they will remember from the COVID crisis, is: this is the moment when everything went digital. This was the moment when everything became monitored — that we agreed to be surveilled all the time. Not just in authoritarian regimes but even in democracies. This was the moment when surveillance went under the skin.”
Even though our globalist elites are dead serious, it’s (almost) funny to think that a person could have turned away from his or her own divinity so far as to embrace this nonsense. However, there is a certain feeling of inevitability in Professor Hariri’s statements, is there not?
Well, it’s not inevitable. It’s simply the belief system of a very low-consciousness individual.
Psychopaths sound convincing because of their tunnel-vision, and their self-centered focus on their personal agendas. It’s why so many sociopaths have risen to the top of organizations: they concentrate on nothing but themselves and their personal goals. The Law of Attraction rewards those with fixed attention on any subject.
Fortunately for the rest of us, Hariri and Schwab and Grimes, Elon Musk’s partner, are the best the Dark has got. Behind the scenes are people like Ray Kurzweil and Nick Bostrom, who envision a technical singularity where AI becomes self-aware and quickly surpasses human intelligence, turning humanity into its pets. (I wrote a novel about this concept, titled The Old Soul.) Bostrom and Kurzweil et. al are intellectually brilliant folks who are also materialists. They are fixated on the idea that when you die you’re dead. Transhumanism, and the Collectivist hive-mind society they envision, is a desperate attempt to prolong their lives and their consciousness. Transhumanism is what happens when you begin with an absurd, false premise that consciousness disappears when the body dies.
The Denouement, Act I
The denouement for human society is approaching here in Act I. The talk now is of nuclear war. Of course this is insanity. The consciousness of humanity has moved the Overton Window far beyond that, but many are still mired in the past.
The Overton Window, developed by American policy analyst Joseph Overton, frames the range of policies that a politician can recommend without appearing too extreme, given the climate of public opinion at that time. There is also a spiritual Overton Window that frames the allowable thoughts and actions based on the collective consciousness of humanity. This spiritual Overton Window has made nuclear war impossible.
(Author created from original source image by Hydrargyrum – Own work, based on discussion here and diagram here.Original W3C-unspecifiedvector image was created with Inkscape. CC BY-SA 2.0 File:Overton Window diagram.svg Created: 12 January 2015)
Nothing like this has ever happened in human history
Do events right now resemble ANYTHING that has happened in history? Nope. What we are experiencing is completely new. What we are seeing is full-blown insanity as thousands of years of human karma is being brought to the surface and worked out. Brought to you by Pfizer, but mostly by the Light and the rising level of human consciousness.
Yes folks, this is what progress and advancement in consciousness looks like: nutjobs and mentally and emotionally unbalanced people dramatizing their inner darkness for all to see. The Light uncovers the darkness in all of us, and exposes it.
You can see how nutty the Dark is. Just read the headlines on any given day!
The light is exposing nutjobs all over the world. These people stick out now like sore thumbs because the light, like a match struck in a dark room, is beginning to illuminate the darkness.
We can all do our part to move the Overton Window upward by not buying into the craziness of unbalanced people.
A going private transaction is a long process with many potential pitfalls.
Don’t believe me and think it’s a slam dunk?
Then why isn’t the stock price trading at the $54.20 that Elon is willing to pay?
Is it free money if you buy now or is there risk it won’t close?The stakes here are massive!
Richest person acquiring a powerful communication platform + Largest going private in the last two decades ($44 B) + Recent public and regulatory scrutiny of (think: DJT), social media and free speech = Intense scrutiny and social pressure! As a baseline, “going private” is a term that describes a transaction (or series of transactions) where a controlling stockholder or other affiliated person reduces the number of stockholders of a public company.
This allows the company to terminate its public company status. There are many reasons why companies choose to go private.
In this case, the reason is clear, it would give complete control of the company.
It will also likely allow the company to operate more efficiently without concerns for its public stockholders. Yesterday, the board of directors of Twitter voted to unanimously approve the transaction…
“subject to the approval of Twitter stockholders, the receipt of applicable regulatory approvals and the satisfaction of other customary closing conditions.”
All in, Twitter expects this process to take at least three to six months.
However, it’s quite likely it will take more time than that.
So, sit back, grab some popcorn, and enjoy the show! TLDR:
The stakes in the Elon-Twitter acquisition are massive and the deal is far from done.
Expect drama over the next 3 to 6 months around the following: • social pressure • shareholder vote • regulatory approvals • government interference • potential competing bids
P.S., this note is not intended to be commentary on the social, financial or other merits of the transaction.
In my opinion, the pros/cons of this transaction will be determined over time.
Disclaimers –
This thread is strictly for educational and informational purposes, and not for the purpose of marketing any legal services or seeking legal employment and is not motivated by pecuniary gain, and should not be interpreted as legal or any other form of advice.
Pepe Escobar interviews brilliant Russian economist Sergey Glazyev, who describes how the US and its allies are destroying the dollar-based financial system. Agree or disagree, it’s a great read all the way through and gives the reader an idea of how the entrenched dollar-based financial system is slowly being replaced by one more friendly to countries outside the US sphere.
Exclusive: Russia’s Sergey Glazyev introduces the new global financial system.
The world’s new monetary system, underpinned by a digital currency, will be backed by a basket of new foreign currencies and natural resources. And it will liberate the Global South from both western debt and IMF-induced austerity.
In a bout of Russophobic hysteria, the ruling elite of the United States played its last “trump ace” in the hybrid war against Russia. Having “frozen” Russian foreign exchange reserves in custody accounts of western central banks, financial regulators of the US, EU, and the UK undermined the status of the dollar, euro, and pound as global reserve currencies. This step sharply accelerated the ongoing dismantling of the dollar-based economic world order.
Over a decade ago, my colleagues at the Astana Economic Forum and I proposed to transition to a new global economic system based on a new synthetic trading currency based on an index of currencies of participating countries. Later, we proposed to expand the underlying currency basket by adding around twenty exchange-traded commodities. A monetary unit based on such an expanded basket was mathematically modeled and demonstrated a high degree of resilience and stability.
At around the same time, we proposed to create a wide international coalition of resistance in the hybrid war for global dominance that the financial and power elite of the US unleashed on the countries that remained outside of its control. My book The Last World War: the USA to Move and Lose, published in 2016, scientifically explained the nature of this coming war and argued for its inevitability – a conclusion based on objective laws of long-term economic development. Based on the same objective laws, the book argued the inevitability of the defeat of the old dominant power.
Currently, the US is fighting to maintain its dominance, but just as Britain previously, which provoked two world wars but was unable to keep its empire and its central position in the world due to the obsolescence of its colonial economic system, it is destined to fail. The British colonial economic system based on slave labor was overtaken by structurally more efficient economic systems of the US and the USSR. Both the US and the USSR were more efficient at managing human capital in vertically integrated systems, which split the world into their zones of influence. A transition to a new world economic order started after the disintegration of the USSR. This transition is now reaching its conclusion with the imminent disintegration of the dollar-based global economic system, which provided the foundation of the United States global dominance.
The new convergent economic system that emerged in the PRC (People’s Republic of China) and India is the next inevitable stage of development, combining the benefits of both centralized strategic planning and market economy, and of both state control of the monetary and physical infrastructure and entrepreneurship. The new economic system united various strata of their societies around the goal of increasing common wellbeing in a way that is substantially stronger than the Anglo-Saxon and European alternatives. This is the main reason why Washington will not be able to win the global hybrid war that it started. This is also the main reason why the current dollar-centric global financial system will be superseded by a new one, based on a consensus of the countries who join the new world economic order.
In the first phase of the transition, these countries fall back on using their national currencies and clearing mechanisms, backed by bilateral currency swaps. At this point, price formation is still mostly driven by prices at various exchanges, denominated in dollars. This phase is almost over: after Russia’s reserves in dollars, euro, pound, and yen were “frozen,” it is unlikely that any sovereign country will continue accumulating reserves in these currencies. Their immediate replacement is national currencies and gold.
The second stage of the transition will involve new pricing mechanisms that do not reference the dollar. Price formation in national currencies involves substantial overheads, however, it will still be more attractive than pricing in ‘un-anchored’ and treacherous currencies like dollars, pounds, euro, and yen. The only remaining global currency candidate – the yuan – won’t be taking their place due to its inconvertibility and the restricted external access to the Chinese capital markets. The use of gold as the price reference is constrained by the inconvenience of its use for payments.
The third and the final stage on the new economic order transition will involve a creation of a new digital payment currency founded through an international agreement based on principles of transparency, fairness, goodwill, and efficiency. I expect that the model of such a monetary unit that we developed will play its role at this stage. A currency like this can be issued by a pool of currency reserves of BRICS countries, which all interested countries will be able to join. The weight of each currency in the basket could be proportional to the GDP of each country (based on purchasing power parity, for example), its share in international trade, as well as the population and territory size of participating countries.
In addition, the basket could contain an index of prices of main exchange-traded commodities: gold and other precious metals, key industrial metals, hydrocarbons, grains, sugar, as well as water and other natural resources. To provide backing and to make the currency more resilient, relevant international resource reserves can be created in due course. This new currency would be used exclusively for cross-border payments and issued to the participating countries based on a pre-defined formula. Participating countries would instead use their national currencies for credit creation, in order to finance national investments and industry, as well as for sovereign wealth reserves. Capital account cross-border flows would remain governed by national currency regulations.
…Transition to the new world economic order will likely be accompanied by systematic refusal to honor obligations in dollars, euro, pound, and yen. In this respect, it will be no different from the example set by the countries issuing these currencies who thought it appropriate to steal foreign exchange reserves of Iraq, Iran, Venezuela, Afghanistan, and Russia to the tune of trillions of dollars. Since the US, Britain, EU, and Japan refused to honor their obligations and confiscated the wealth of other nations which was held in their currencies, why should other countries be obliged to pay them back and to service their loans?
In any case, participation in the new economic system will not be constrained by the obligations in the old one.”
Here is an excellent article by Ellen Brown that explains the new economic order in terms even a layman can understand. Unlike the New World order, the world’s financial system is trending toward a system that benefits all nations, including the United States, and will help to end the resource wars that have plagued the world for the last several decades.
A brilliant article written by Alasdair Macleod shows how the woke fools in DC have triggered the collapse of the dollar, and the entire Western financial system, with their sanctioning of Russia. Here are excerpts from the article, which can be found at https://www.goldmoney.com/research/goldmoney-insights/the-commodity-currency-revolution This article is well worth the read.
We will look back at current events and realize that they marked the change from a dollar-based global economy underwritten by financial assets to commodity-backed currencies. We face a change from collateral being purely financial in nature to becoming commodity based. It is collateral that underwrites the whole financial system.
The ending of the financially based system is being hastened by geopolitical developments. The West is desperately trying to sanction Russia into economic submission, but is only succeeding in driving up energy, commodity, and food prices against itself. Central banks will have no option but to inflate their currencies to pay for it all. Russia is linking the ruble to commodity prices through a moving gold peg instead, and China has already demonstrated an understanding of the West’s inflationary game by having stockpiled commodities and essential grains for the last two years and allowed her currency to rise against the dollar.
China and Russia are not going down the path of the West’s inflating currencies. Instead, they are moving towards a sounder money strategy with the prospect of stable interest rates and prices while the West accelerates in the opposite direction.”
From the article cited above
Essentially, the Western fiat-money system is going to collapse if present trends continue. The Russian ruble is being backed by commodities such as oil, natural gas, and fertilizer, which Russia exports in abundance. The Chinese currency is also backed by commodities as China’s Belt and Road initiative has captured mines, ports, and farms all over the world.
What is the West doing?
Printing money. Money that is backed by NOTHING, and only exists on an electronic balance sheet. The idiots in DC rely on a fantasy called Modern Monetary Theory, which says (stupidly) that a nation can keep printing money with no financial harm to the economy. This is childish foolishness, which our high inflation is showing us in our stores and shops.
Printing money worked as long as the US had a robust manufacturing sector that produced valuable commodities. In the past, the dollar was essentially a commodity-backed currency. Not anymore. Our multinationals shipped our factories to China to take advantage of cheap labor.
Our fiat currency is supposedly backed by “the full faith and credit of the U.S. government.”
What does that mean? The productive capacity of U.S. workers.
But our working class has been decimated by unscientific lockdowns and insane vaccine mandates that have taken workers and their productive capacity OUT of the economy.
Congratulations, morons!
Macleod says,
Pure finance is being replaced with commodity finance.
It hasn’t hit the main-stream media yet, which is still reporting yesterday’s battle. But in March, the US Administration passed a death sentence on its own hegemony in a last desperate throw of the dollar dice. Not only did it misread the Russian situation with respect to its economy, but America mistakenly believed in its own power by sanctioning Russia and Putin’s oligarchs.It may have achieved a partial blockade on Russia’s export volumes, but compensation has come from higher unit prices, benefiting Russia, and costing the Western alliance.
The consequence is a final battle in the financial war which has been brewing for decades. You do not sanction the world’s most important source of energy exports and the marginal supplier of a wide range of commodities and raw materials, including grains and fertilizers, without damaging everyone but the intended target. Worse still, the intended target has in China an extremely powerful friend, with which Russia is a partner in the world’s largest economic bloc — the Shanghai Cooperation Organization — commanding a developing market of over 40% of the world’s population. That is the future, not the past: the past is Western wokery, punitive taxation, economies dominated by the state and its bureaucracy, anti-capitalistic socialism, and magic money trees to help pay for it all.”
From the article cited above
Yup.
Printing money only goes so far. Until people realize that your dollar is worthless, and getting more worthless by the day as the Fed prints more and more money to fund our elites’ anti-democratic and anti-worker policies such as open borders, where more unskilled workers flood the zone, along with tons of fentanyl and other drugs that destroy our cities and communities.
Commodity-backed currencies – currencies backed by gold, oil, and other tangible assets – are based in reality. Fiat money – like the dollar and the euro – is backed only by the printing press. To see how commodity backed currencies are far more stable than fiat currencies, look at this graph:
Crude oil prices for fiat currencies and a commodity backed currency
In the graph, “goldgram” represents a currency backed by gold. It could easily be any other valuable commodity (like oil or liquid natural gas) or a basket of commodities. The graph doesn’t show it, but the price of oil in goldgrams has actually DECLINED since 1950! Even as it rises for fake, fiat currency like the dollar, the pound, and the euro.
Russia has tied the export of its natural resources to its currency, the ruble. Further sanctions will only strengthen the Russian currency and weaken the dollar. Because we produce little, and import most of our tangible goods from abroad, expect continued higher inflation as the dollar weakens against the currencies of Asia.
China, through its Belt and Road initiative, has secured vast mineral wealth throughout the world through its aggressive buying campaign. Its currency is effectively backed by commodities, as is Russia’s. Moreover,
the Chinese have been prescient enough to accumulate stocks of grains. The result is that 20% of the world’s population has access to 70% of the word’s maize stocks, 60% of rice, 50% of wheat and 35% of soybeans. The other 80% of the world’s population will almost certainly face acute shortages this year as exports of grain and fertilizer from Ukraine/Russia effectively cease.”
From the article cited above
I saw a report yesterday that said the cost of fertilizer for American farmers has risen 300%. Think about that this fall when you go to the supermarket.
Our ignorant, stupid elites have destroyed the U.S. economy. Unless the people of this country wake up fast and kick these bums out, it’s only going to get worse. But we can still turn it around! Get out and vote this fall.
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