There is talk that this recent move by Greece, refusing to payback the IMF, opens the door to work with the BRICS Bank, which plans on opening its doors 6 months sooner than expected. Whether or not this provides this nation of Austerity stricken people any more freedom and prosperity is unclear. The BRICS bank is designed to compete with the IMF, a money making institution with the major point of difference being its member supporters. ‘

This was discussed in the post Globalist Agenda Watch 2015: Update 14 – The coming BRICS gold standard, Ron Paul, and the Rockefellers:

“For the NDB to build its initial credibility, it will have to maintain high standards of lending and ensure minimal defaulters. The two most important questions are how to create strong and efficient domestic financial structures that could work in tandem with the regional institution and extend high quality loans to improve its credit rating.And if it has to earn profits on the loans – which it should for future expansion –NDB will also have to charge an interest rate. 

While smaller developing countries could borrow from the NDB without facing austere conditions, presenting a viable domestic environment for investment – most of which are plagued by inefficient governance and the poor ability of repayment even with a concessional interest rate – will be a challenge.” …

“As Vikram Nehru, Senior Associate, Asia Program, Bakrie Chair in Southeast Asian Studies, Carnegie Asia Program says, “The New Development Bank will have to borrow from capital markets to leverage its equity and will therefore need to charge an interest rate that will be close to the IBRD interest rate. [these rates from 3% to 60%] This means that the NDB’s clients are most likely to be creditworthy developing countries. In the initial period, it is very likely that the NDB will lend only to the BRICS themselves [how does this help stop the cabal?], but gradually more developing country members could be added as potential borrowers. The upshot is that low income developing countries are very unlikely to gain access to NDB resources, at least not for the foreseeable future and under its current proposed design.” – RT

The telephone conversation between Greek Prime Minister Alexis Tsipras and Russian Deputy Finance Minister Sergei Storchak today could have been about any number of things, but it is unclear whether financial negotiations took place. 

The people of Greece have a chance to develop a local currency, producing it as an interest free (debt free) money system much like Colonial Script used by the early American colonists. At the time, the ‘kings coin’ was not used as it came with taxes and levies and they decided to use their own fiat money system, which came with no debt. Bill Still discusses this extensively in his film The Secret Of Oz found in the post RV/Gold Bait and Switch? – Secular Value vs Absolute Value – Hidden History of Gold. 

Here is a video from AJ discussing some of the potential implications of this decision:

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Source – Zero Hedge

There is Only One Way Out For Greece

Brussels has been dead wrong. The stupid idea that the euro will bring stability and peace, as it was sold from the outset, has migrated to European domination as if this were “Game of Thrones”. Those in power have misread history, almost at every possible level.The assumption that the D-marks’ strength was a good thing that would transfer to the euro has failed because they failed to comprehend the backdrop to the D-mark.

Germany moved opposite of the USA toward extreme austerity and conservative economics because of its experience with hyperinflation. The USA moved toward stimulation because of the austerity policies that created the Great Depression, which led to a shortage of money, and many cities had to issue their own currency just to function. The federal government thought, like Brussels today, that they had to up the confidence in the bond market and that called for raising taxes and cutting spending at the expense of the people. The same thinking process has played out numerous times throughout history. Our problem is that no one ever asks – Hey, did someone try this before? Did it work? This is why history repeats – we do ZERO research when it comes to economics. It is all hype and self-interest.

Greece should immediately begin to print drachma. By no means has the introduction of a new currency been a walk in the park. There is always a learning curve, as in the case of East Germany’s adoption of the Deutsche mark, the Czech-Slovak divorce of 1993, and the creation of the euro itself . However, the bulk of transactions today are electronic, meaning we are dealing with an accounting issue more than anything. The euro existed electronically BEFORE it became printed money; Greece should do the same right now.

The difference concerning East Germany and others was the fact that there was no history. This is more akin to the 1933 devaluation of the dollar by FDR whereby an executive order reneged on promises to pay prior debt in gold. This would be similar. The new drachma should be issued at two-per euro, only because the people will think the drachma should be worth less than a euro based on pride. If the new drachma is issued at par, the speculators will sell, assuming it will decline. Issue it at 50% and you will eventually see the opposite trend emerge once people see the contagion begin to spread.

Brussels already cut off the banks in Greece. All accounts in Greece should be electronically switched to drachmas. Begin to issue printed drachma for small change. The umbilical cord to Brussels must be cut immediately for Greece to stand on its own. You cannot negotiate with people who will not change their view of the world, for their own self-interest will cloud their perspective.

All EXTERNAL debt should be suspended. Any future resolution of debt should be reduced by 50% to account for the overvaluation of prior debt, thanks to the euro, and any interest previously paid should be deducted from the total loan.

All income tax should be abolished and the only taxation should be indirect. A close examination of the cost of government should be carried out and as many aspects of government as possible should be privatized and put out for bid. For example, motor vehicle and police agencies can privatize, eliminating pensions paid by the government. The size of government must be addressed, or Greece will risk civil war between government workers and private citizens.

Eliminating the income tax is critical and desperately needed for job creation. Small business must be profitable to begin to creating jobs and those who had to leave, whom are the nations’ brightest, will return. Bring your best talent home and build an economy.

Eliminating the debt is critical. Some 20 nations forgave all debt for Germany after World War II. The London Agreement on German External Debts, also known as the London Debt Agreement, was a debt relief treaty between the Federal Republic of Germany and its creditor nations that concluded August 8, 1953.

The London Debt Agreement covered a number of different types of German debt, both public and private, from before and after World War II. Some of them arose directly out of the efforts to finance the reparations system, while others reflect extensive lending, mostly by U.S. investors to German firms and governments. Those who forgave German debt: Belgium, Canada, Denmark, France, Great Britain, Greece, Iran, Ireland, Italy, Liechtenstein, Luxembourg, Norway, Pakistan, Spain, Sweden, Switzerland, South Africa, the United States, Yugoslavia, and others. The total amount under negotiation was 16 billion marks of debt, a result of the Treaty of Versailles after World War I, a debt that went unpaid during the 1930s that Germany decided to repay to restore its reputation. This was money owed to government and private banks in the U.S., France, and Britain. Another 16 billion marks represented postwar loans by the USA. Under the London Debts Agreement of 1953, the repayable amount was reduced by 50% to about 15 billion marks and stretched out over 30 years, and compared to the fast-growing German economy were of minor impact.

Therefore, what enabled Germany to rise from the ashes is a successful model. Greece too must be debt free. End federal borrowing, suspend all debt, and do not accept any more bailouts from Brussels.

Source – AscendingStarseed


Russia Opens Door To Greece As Sixth Member Of New BRICS World Bank: Russian Oil Makes Athens Europe’s Energy Hub!

“The Prime Minister thanked Storchak and said he was pleasantly surprised by the invitation for Greece to be the sixth member of the BRICS Development Bank. Tsipras said Greece is interested in the offer, and promised to thoroughly examine it. He will have a chance to discuss the invitation with the other BRICS leader during the 2015 International Economic Forum in St. Petersburg,” the report read.

• Guaranteed Dollar Death Dynamics: Its getting Very Late! 7/1/2015
• China Boots Rothschild’s NWO From Asia: No Tax For Tyranny Offsets Only Zero Tolerance!
• GERMANY, SLOVAKIA, GREECE, CZECH REPUBLIC DEMAND END TO RUSSIAN SANCTIONS!

On July 15, 2014, in Fortaleza, Brazil, the BRICS member countries signed an agreement to establish the $100 billion New Development Bank, formerly referred to as the BRICS bank, and a reserve currency pool set at $100 billion. Russia will contribute $18 billion to the pool, along with India and Brazil. China is expected to contribute the largest share of $41 billion, with South Africa chipping in the remaining $5 billion.

“The new route will provide for European fuel needs, and would allow Greece to become one of the main power distribution centers on the continent, and could help attract significant investment into the Greek economy,” Putin said at a joint news conference with Tsipras.

• Greek PM’s Moscow visit defies neocolonial EU approach
• Gazprom to build new 63 bcm Black Sea pipeline to Turkey instead of South Stream

This is interesting because when the Muslim Brotherhood was removed from Egypt by the people’s military they went to Turkey to continue NWO attempts at controlling the Middle East Banking System. Looks like Russia is wasting no time in out maneuvering their scheme. At the same time, China’s AIIB’s Financial Silk Road is right there competing against Rothschild’s NWO IMF.

Now don’t forget Saudi Arabia is no longer using the US petrodollar exclusively. This is why the NWO US brought in al-Qaeda into Yemen to agitate a nation state over throw just like they did in Ukraine. Ukraine is where they want to get back into Russia ~ just like in Yemen they want to get back into S. Arabia exclusively.

This is why Egypt who dealt with the NWO Muslim Brotherhood trying to control their state and finances just sent Jet fighters to Yemen to help S. Arabia get rid of the US al-Qaeda. Al-Qaeda are a gaggle of mercenaries trained and outfitted by US tax payer’s dollars by NWO Obama puppet. ~ Volubrjotr

Egyptian Government Arrests & Sentences Chief Of The Muslim Brotherhood & 20 Other Jihadists To Death By Hanging: Arrest Warrants Issued For Obama & Hillary!

“Our pipelines will receive gas from the Turkish border, and will provide energy security for both Greece and the European market,” Tsipras said.

• Greece Military Stands Down In Support Of Their Fellow Citizen: Military High 5s With Citizen Protestors ~ Blackwater Stands Down!

• China’s AIIB To Radically Change The World Competing Against Rothschild’s IMF.

But, ole Netanyahu works for the Zionists aka; NWO Rothschild Banking Cabal and just fraudulently absconded Syria’s Golan Heights oil and sold it to Jacob Rothschild And Fox News owner Rupert Murdoch. Who are they going to sell their oil too now?

This is all in the Levant Basin which is primarily owned by Rothschild. This is why they are wiping out the Palestinians for unobstructed ownership. This is the why for the Syrian chaos ~ they are murderous vipers. Hamas is a moniker from the NWO Muslim Brotherhood to foment the spectre of war which develops the pretentious excuse for wiping out the Palestinians.  ~ Volubrjotr

• Hamas Created By Israel’s Mossad: This Stranglehold Has Got to Be Broken!
• Obama Sends $40 Billion Arms Deal For Netanyahu: Obama vs Netanyahu Scheme ~ Wanton Disregard For Truth!

The Balfour Agreement which is completely fraudulent was all about controlling the Suez Canal by Rothschild in 1917. ~ Volubrjotr

Read More Here ~ Israel’s Midnight Cowboy Jon Voight: While Babies Are Bombed ~ A Rothschild Caliphate.

This is REAL interesting now! Is it real or memorex?

1. China Sentences 6 Bankers To Death For Looting.
2. Chinese Government Cracks Down On Corruption: Executes 13 Muslim Brotherhood Terrorists
3. China Begins Eradication Of Corrupt Police, Judges, Prosecutors, & Bankers.
4. China Warns Kerry: Sanctions Against Russia Will Bring “Retaliatory Action” Which This Time Kerry Will Loose!
5. China Breaking The Back Of The Petrodollar: China Signs Increasing Currency Yuan Swap With Qatar & Canada.
6. China Protects Whistleblowers Exposing New World Order Corruption: President Putin ~ America Do Not Give Up Your Guns!
7. Doubling Down Against Rothschild’s New World Order: Russia, China, Egypt, Iceland, Ireland, Hungary, Iran, & Crimea.

China’s Baggage:

• 2014 -> China’s $23 Trillion Rothschild Credit ‘Debt’ Bubble Is Starting To Collapse ~ China Hanging Bankers: While U.S. Is $6 Trillion Less At $17 Trillion. These figures are of course larger now.

• Breaking => The Answer To China’s Ghost Cities: Destroying Farm Production [Agenda 21] By Forcing The Rural Chinese Into Newly Built $Consumer Based Urban Concentration Cities. Then Depopulation.

• U.S. Monopoly Analog By Zionist Bankers: Iceland Follows President Jefferson’s Warning About Debt Load.

Sources:



http://www.zerohedge.com/news/2015-07-06/there-only-one-way-out-greece

https://ascendingstarseed.wordpress.com/2015/07/05/russia-opens-door-to-greece-as-sixth-member-of-new-brics-world-bank-russian-oil-makes-athens-europes-energy-hub/