See this post for an analysis of the BRICS initiative and if it can benefit humanity in the way many are hoping: BRICS Global Bank Will Open Coffers by Year-End, Coinciding Jesuits’ Debt Jubilee – Justin Source – RT News Western countries have withdrawn from BRICS countries more than $3.5 trillion over the last 10 years […]
Financial Collapse
Experts Are Warning That The 76 Trillion Dollar Global Bond Bubble Is About To Explode
Source – The Economic Collapse Blog Warren Buffett believes “that bonds are very overvalued“, and a recent survey of fund managers found that 80 percent of them are convinced that bonds have become “badly overvalued“. The most famous bond expert on the planet, Bill Gross, recently confessed that he has a sense that the 35 […]
China’s Secret Gold Stockpile May Be World’s 2nd Biggest
Source – RT News The People’s Bank of China may have tripled its gold stockpile since April 2009, when it last gave an official number, which Bloomberg Intelligence estimates to be 3,510 metric tons, second to United States 8,133.5 tons of gold. The figure, almost triple the 1,054 tons of gold reported in 2009, was […]
US Economy At Risk | Communists urge no debt repayment to countries supporting anti-Russian sanctions
This could be another indication of major economic changes coming this year, suggested by the Bloodmoon Tetrad. – Justin Source – RT News Russian Communists have drafted a bill that would allow the president to cancel treaties with nations that impose sanctions of Russia, including international borrowing contracts in government and private sectors. The main […]
BRICS Bank Must Be Launched Before July 9, Russian Finance Minister Says
See BRICS and AIIB for previous updates. – Justin Source – Haberler Russian Finance Minister Anton Siluanov says that the BRICS Bank has to be launched prior to the group’s July summit. The BRICS Bank has to be launched prior to the group’s July summit, Russian Finance Minister Anton Siluanov told journalists.“We [BRICS member states […]
BRICS Development Bank won’t rival China-led AIIB, but complement it – CBR head
See BRICS and AIIB for previous updates. – Justin Source – RT News The BRICS New Development Bank and the Asian Infrastructure Investment Bank (AIIB), both seen as alternatives to US – led institutions, will not compete, but rather complement each other, said the head of the Central Bank of Russia Elvira Nabiullina. Nabiullina made the statement Thursday in […]
America, Europe should work with BRICS, Says Schiller Institute Think Tank
See BRICS and AIIB for previous updates. The suggestion that the Federal Reserve is changing ownerships leads me to ask, who will be the new owners? Something we will be keeping an eye out for. – Justin Source – Geopolitics NEW YORK – A completely new economic system, initiated by the BRICS, is emerging with […]
China-led Asian investment bank welcomes 5 new members: Netherlands, Brazil, Finland, Georgia and Denmark
For previous updates regarding the AIIB click here. – Justin Source – RT News The founding states of the new Asian Infrastructure Investment Bank (AIIB) have approved the applications of Brazil, Georgia, Finland, Denmark and the Netherlands as founding members, the Chinese Finance Ministry announced Saturday. “With the consent of the existing founding members, the […]
The United States Just Lost Its Role As The Underwriter Of the Global Economic System – Former Treasury Secretary Larry Summers
The dollar has been gaining value sharply over the past few months as a result of massive quantitative easing and artificial growth stimulation. The IPO index measures how many new companies are going public, and the present slowdown, or decline, correlates strongly with four other major crashes over the past 15 years. Last week the […]
COBRA | April 6th 2015: A Short Planetary Situation Update – Day of Financial Reset, BRICS Nations Still Cabal Influenced, AIIB
Cobra mentioned much of the financial news that we have been covering lately. We included an extensive list of articles in the Fulford update for this week, found here. – Justin Source – COBRA 2012 Portal The Eastern Alliance is making good progress, especially on the financial front, as the major global powers except the […]
Meet The New Recession Cycle – It’s Triggered By Bursting Bubbles, Not Surging Inflation
Related articles here. Source – ZeroHedge We are now in the month of April – so the Wall Street Keynesians are back on their spring “escape velocity” offensive. Normally they accept the government’s seasonal adjustments in stride, but since Q1 is again hugging the flat line or worse, it seems that “bad seasonals” owing to an incrementally winterish winter explain it all away once […]
A Global Financial Reset is Coming: ‘A Deal is Being Made Between All the Central Banks’
Take a look at 2015 Stock Market Suggesting Major Crash Coming | IPO Market Slowdowns Preceded All 4 Major Crashes Over Past 15 Years and other articles about the financial collapse. Source – InfoWars There is an unprecedented reset coming to world financial markets and if you’ve been paying attention it’s impossible to ignore the signs. In […]
China’s SWIFT alternative (CIPS) and the engineered death of the dollar
There have been several people asking about what the chinese alternative to SWIFT is, this is fairly extensive report by James Corbett from the 12th of March. See the post The West’s Plan To Drop Russia From SWIFT Hilariously Backfires – U.S. Begs Russia to Remain in ‘SWIFT’ – The “ONE” Bank Fails Again for more […]
2015 Stock Market Suggesting Major Crash Coming | IPO Market Slowdowns Preceded All 4 Major Crashes Over Past 15 Years
Source – The Economic Collapse Blog Are we watching a replay of the last financial crisis? Over the past six months, the price of oil has collapsed, the U.S. dollar has soared, and a whole bunch of other patterns that we witnessed just before the stock market crash of 2008 are repeating once again. But what we have […]
Benjamin Fulford Answers Questions on “The Plan” from the Pentagon and Their Answers Below
This was released on February 15th 2015, and addresses many questions people have about what the “plan” is that the White Dragon Society and the Alliance are working towards. A proposal was mentioned in his update on March 30th 2015 here: Proposal for world federation has now been passed on to key power centers The […]