With IMF reform taking a step forward, U.S. dollar is close to collapse. Although there are some reform-minded people in the World Bank and the IMF, I think that they fundamentally wants to consolidate power by using IMF’s SDR currency as a U.S. dollar replacement, like Christine Lagarde does. In this sense, reform will be advanced little by little. However, we cannot overlook the wrongdoings the IMF has done. They will have to take responsibility at some time in the future.
Just as I expected, U.S. Defense Secretary Ashton Carter seems to be distrusted by Pentagon generals and rank and file. I have judged Ashton Carter and Joseph Danford as unreliable on the blog. As mentioned in the report, Carter could be removed from office if cleverly done.
As seen in the last paragraph of this report, I quite agree with Fulford about the collapse of global economy. According to the message from a person named King Maitreya Buddha posted the other day, the current economy based on capitalism will certainly collapse. It is definitely true.
December 23, 2014
Excerpt from a Japanese article: How Sad! – December 22, 2015 –
Furford Report (December 21)
The International Monetary Fund last week made a big push to position its SDR currency as a replacement for the US dollar. The US Congress finally (after 5 years foot-dragging) approved IMF voting reform, diluting G7 power, after which the organization announced it was doubling its money to 477 billion SDR (US$660 billion) from 238 billion SDR (about $330 billion).
Somebody apparently was not pleased because, immediately after this announcement, French police pressed criminal charges against IMF head Christine Lagarde.
The last IMF head, Dominique Strauss-Kahn, was arrested on trumped up rape charges and dismissed from office when he tried to push the SDR as a US dollar replacement. The CIA was behind that operation, according to CIA sources. Let us see if Lagarde does any better.
Another sign the US dollar and the people who control it are involved in high level financial warfare was the rate hike announced by the US Federal Reserve Board last week. The official reason for the rate hike, a strong US economy, was a bold faced lie as all real economic indicators show the US economy remains in a tailspin. Furthermore, this rate hike will have the effect of taking money from small banks who lend to real businesses to the big banks who control the Fed and whose main business is gambling. The real reason for this rate hike was to protect the no-longer American US Dollar, not the US economy.
The US government finally agreeing to dilute its power at the IMF while the Fed raises interest rates are probably connected to US corporate government efforts to stave off bankruptcy. In other words, as a condition for additional funding, the US was forced to hand over de facto control of the IMF and pay more interest to foreigners who own US dollars.
Another sign something fundamental has changed is the fact the US government has done a 180 degree about turn in its policy towards Syria last week by supporting a UN resolution that does not call for the ouster of Syrian President Bashar Assad.
This resolution targets the family of Turkish President Erdogan, the Kurdish Barzani family, the Bush crime family, Israel, Exxon, BP and others. As a Pentagon official put it “it is poetic justice that this unanimous UN vote was chaired by US Treasury Secretary Jack Lew, an orthodox Jew.” The latest US Defense Intelligence Department intelligence also reveals the Bushes and their neo-con buddies have been shipping oil tanker trucks, pickup trucks and other equipment to ISIS from Houston, Texas, Pentagon sources say. The trucks are being modified in Israel and then are sent to the war zone via Turkey and Jordan, they say.
Pentagon generals and rank and file are also becoming increasingly suspicious of US Defense Secretary Ashton Carter. Carter was in Turkey recently where he ordered an airstrike in Iraq that killed 25 Iraqi soldiers, the sources say. Carter ordered the attack as punishment for the Iraqis after they refused an offer by him to send special operations troops and Apache helicopters. US special forces were also recently refused entry in Libya, indicating a growing international distrust in their leadership.
The Pentagon officials say Carter’s use of personal e-mails for Department of Defense business may be used as a reason to remove him from office. This is the same thing Hillary Clinton has been under attack for.
In any case, Turkey’s Erdogan has apparently blinked after seeing his Israeli and US allies lose power one by one. Last week Turkey succumbed to universal international pressure and withdrew the troops it has sent into Iraq.
The other Middle Eastern rogue state, Saudi Arabia, continues to struggle desperately for survival. As a part of this, the Saudi government last week announced a 34 nation alliance “against terrorism.” Unfortunately for the Ibn Saud crime family, the most important nations in this so-called coalition denied being a part of it. Pakistan, the only nuclear armed Islamic State, openly denied Saudi claims they were allies.
Indonesia and Malaysia, two other major Islamic powers, are also not planning to militarily support the Saudi regime.
With oil prices dropping to $30 a barrel and with hedges made at $70 a barrel starting to expire, the Saudis will soon no longer be able to afford the mercenary armies that are keeping them in power. This in turn will affect the big banks like Citibank that rely on recycling Saudi oil money for a large part of their business. Big bankruptcies are expected in January and February in connection with all this.]
On a final note, it is clear that world trade and markets are not functioning properly now, as oil tankers float around with nowhere to go and as world trade continues to plummet while markets tumble.
Japanese businessmen with extensive operations in China say China’s economy is also in worse shape than government figures show.
Some sort of systemic collapse is taking place in slow motion. This will not happen overnight but, as in the fall of the Soviet Union, looking back it will seem as if an entire politico-economic system collapsed almost instantly. In this case Babylonian debt slavery and mind-control based government (govern=control, ment=mind) will collapse.