Global Banking Elites And The Controlled Demolition Of The US
I have been writing extensively on the controlled demolition of the US economy for some time now. In January of 2018 I predicted in my article ‘Party While You Can – Central Bank Ready To Pop The Everything Bubble’ that Jerome Powell and the Federal Reserve would pursue policy tightening and would continue until the bubble in fundamentals, corporate debt, consumer debt, housing, retail, stock markets, etc. collapsed. So far I have been proven correct; the fundamentals are plunging, and only stock markets remain. In the 2nd quarter of 2019 the Fed is still cutting assets exponentially from its balance sheet and still refuses to pull interest rates back from their neutral rate of inflation, despite the predictions of many in the mainstream and alternative media.
The Fed has used the tactic of addictive stimulus measures and artificially low interest rates to create massive financial bubbles in the past. And, they almost always use tightening policies in times of economic weakness to deliberately pop those bubbles. For example, this is exactly what happened at the onset of the Great Depression. As former Fed Chairman Ben Bernanke openly admitted in 2002 in an address in honor of Milton Friedman:
"In short, according to Friedman and Schwartz, because of institutional changes and misguided doctrines, the banking panics of the Great Contraction were much more severe and widespread than would have normally occurred during a downturn.
Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression. You’re right, we did it. We’re very sorry. But thanks to you, we won’t do it again."
And yet, it IS happening again today. As the economy nosedives, banking institutions buy up more hard assets and consolidate more power, and each time global economic management is suggested as a possible solution to the very crisis they created.
My question has never been “Will there be a crash?” A crash of the US is mathematically inevitable, it is happening now in accelerated fashion, and has been progressing in various ways since 2008. Instead my question has always been “How do the globalists plan to get away with it?”
In my article ‘Trump Trade Wars A Perfect Smokescreen For A Market Crash’, published in March 2018, I outlined exactly how they plan to get away with it. In that article I examined the strange number of similarities in policy and politics between Donald Trump and Herbert Hoover, including the use of large scale tariffs right before the collapse of the US financial system. While it was the Federal Reserve’s interest rate increases into weakness that exacerbated and prolonged the Great Depression for many years, it was Herbert Hoover’s policies (and sometimes the gold standard) that were blamed for the crash.
In other words, Donald Trump is following almost the exact same path as Herbert Hoover, and Trump’s trade war with China is being used by the banking elites as cover for their sabotage of the US economy. In the end, it will be Trump and all of his “populist” followers that will get the blame for the destabilization of our financial structure. The central bankers have a perfect scapegoat.
Trump And The False Left/Right Paradigm
But how could the banking elites and globalists possibly predict Trump’s behavior in order to take advantage of it? Well, if you look at Trump’s background as well as the number of elites he has placed within his own cabinet, the reality if the situation becomes clear: Trump is a puppet, and always has been.
In my article ‘Trump Is A Pied Piper For The New World Order’ I outlined Trump’s history with the banking elites, including his relationship with Rothschild banking agent Wilber Ross, who bailed Trump out of his debts and saved him from the effects of bankruptcy in the 1990’s. Trump’s biggest campaign promise in 2016 was to “drain the swamp” in Washington D.C. of the financial elitists and globalists that Hillary Clinton was so closely tied to. But, when he entered the White House, he made Wilber Ross his Secretary of Commerce, hired on Goldman Sachs goons like Steven Mnuchin and Gary Cohn, and he has brought warmongering psychopathic think tank members like John Bolton and Mike Pompeo into his cabinet.
The globalists don’t have to predict Trump’s behavior, they dictate Trump’s behavior. Thus, the false left/right paradigm reigns supreme once again; the same paradigm many Trump followers thought they were escaping by rallying against a Clinton presidency.
Current Trump cheerleaders completely ignore this fact, however. I have not seen a single one of them confront the issue of Trump’s cabinet or his associations with the Rothschilds. They either ignore it outright, or they claim Trump is “keeping his enemies close” or “using their expertise to free America”. This is insanity, but it showcases the power that false paradigms have. Conservatives were so afraid of Clinton that they jumped on the bandwagon of Trump’s controlled opposition administration, and they refuse to admit they have been conned.
How have globalists benefited from Trump being in the White House, though?
Trump has gone on to attach his presidency so closely to the performance of the economy and primarily stock markets, that any crash now will undoubtedly be blamed on him. This is strange behavior if you consider his statements during his campaign, including his assertion that the Fed was deliberately keeping interest rates low to protect Obama, and that the stock market was a giant fraudulent bubble. Today, Trump is demanding that the Fed funds rate be lowered and that stimulus be renewed, and, he has been Tweeting incessantly about how the economy under his watch is the "greatest ever".
To those who actually track the health of the US economy, Trump’s statements might seem delusional. If you understand that Trump is controlled opposition and that he is playing the scripted role of a bumbling villain, his statements make perfect sense. The US economy is NOT the greatest it has ever been, in fact, it is the worst it has been since the crash of 2008, as I evidenced in detail in my article ‘The Crash In US Economic Fundamentals Is Accelerating’. Trump is wrapping himself around the implosion of the Everything Bubble as a mascot of fiscal destruction, and he’s trying to drag all conservatives with him.
China And The False East/West Paradigm
The other side of the control mechanism for a crash of this magnitude is on the other side of the world – China. It is not only Trump that has to act a certain way in order to cover for the crash of the Everything Bubble, China must also play its role. The false East/West paradigm is perhaps the most pervasive of all false paradigms, for even many in the liberty movement think that governments in China or Russia are opposed to the elites in the US and Europe. This is simply not true.
China in particular has a long time relationship with Western globalists. In fact, modern China was essentially built by them.
The Rockefeller family and the Rockefeller Foundation have been influencing Chinese social and political developments since the late 1800’s. This started as seemingly innocuous, with the foundation initiating social and health related programs in rural areas, but as noted by historians with access to the Rockefeller Archives, the Rockefellers were not seeking to display their capacity for philanthropic charity, but pursuing wide reaching influence in Chinese society and politics. For more information, I highly recommend reading Frank Ninkovich’s study of the Rockefeller’s dominance in China for the past century in the Journal Of American History.
China’s central bank is currently linked to the Bank For international Settlements, which is often referred to as the “central bank of central banks” and as admitted in an article for Harpers in 1983, the BIS essentially writes policy for all member banks – this means the Chinese central bank AND the Federal Reserve are both controlled by the globalists at the BIS. This is even more evident in recent years as all major central banks have operated with an odd level of coordination to prop up the stock markets of other nations, including stock markets of nations that are supposedly in conflict.
China also now works closely with the IMF – the Yuan has been inducted into the SDR basket system, and China has called on multiple occasions for the SDR basket to replace the US dollar as the world reserve structure. The IMF is openly discussing the introduction of a cashless digital currency system based on blockchain technology, which I believe will be the likely replacement for ALL currencies when the time comes.
This means the trade war is a farce. When it comes to the elites of China and the US, there is no division and no conflict. They all want the same thing – global centralization.
The Trade War Smokescreen
For many years I have warned that the next World War would be an economic world war between the East and West, and that this war would be engineered by globalists as a mass distraction while they introduced their one world economic system. The crux of that economic war would be the eventual dumping of US treasuries by foreign central banks as well as the dollar as the world reserve currency.
What many pro-trade war people don’t seem to realize is that the dollar’s world reserve status was part of the original deal with China. China gained a trade surplus and access to US markets, the US gained a cheap labor pool, access to cheap goods and our currency was accepted by the Chinese as the foundation of international trade. But this dynamic no longer serves globalist interests in the new system they hope to create.
[As described in an article published in the Rothschild run magazine , China is intended to take a larger role in the IMF and become the economic engine for the "new world order", while the US is set to take a back seat in global affairs as the rest of the world moves away from the dollar. – n.e. that’s just paranoid nonsense]
This might be why US 10 year treasury auctions are seeing dismal results, and why the Chinese are now willing to threaten the dumping of US T-bonds through their state run media. China has NOT folded to US tariffs as so many people have been predicting for the past year. In fact, China has dug in even further.
China is the number one exporter/importer in the world. They now set the standard for international trade, not the US. If China follows through on threats to dump US treasuries, or if they dump the dollar as the world reserve, then most if not all of their trading partners will do the same. The consequences would be devastating for the US economy, which has a minimal manufacturing base and is utterly reliant on the international acceptance of the dollar to keep prices low and to prop up what’s left of our financial structure.
While proponents of the trade war keep insisting that manufacturing will come back to the US, this still has not materialized. Why would corporations spend all the money to rebuild factories in the US when they can simply stay in Asia and use the existing factories and cheap labor? There is no incentive for them to come back. If tariffs go higher, they can easily raise prices on consumers to support their bottom line.
The US is being set up for a spectacular fall. Those that claim China would never make such a move don’t understand the Chinese economy. The US market is only 18% of Chinese exports, and US consumption has been declining. The vast majority of China’s GDP comes from domestic consumption, and the claim that China is dependent on US markets to survive is one of the most widely perpetuated lies of the past decade. The Chinese will take a hit to their economy, certainly, but nowhere near the hit the US economy will take if they cut off the dollar as the primary trade mechanism.
The trade war only makes sense if you look at it from the globalist perspective. China will get hurt to an extent, the US will suffer an economic disaster it will never recover from, and only the globalists truly benefit. With tensions increasing, probably through the end of 2019, I suspect the Federal Reserve will increase cuts to their balance sheet under cover of the trade war. I also suspect that China’s central bank will finally cut off stimulus measures which have been keeping global stocks afloat for the past four months. This will eventually trigger the crash of markets on top of already plunging fundamentals.
The US will lose the trade war, Trump and conservatives will be blamed for the collapse, China will already be pre-positioned as the next economic engine for the world, and the IMF and BIS will introduce their one world currency system as the solution to the problem they created. Whether or not they succeed in this plan will greatly depend on whether or not enough people set aside their biases and accept that the whole thing was a farce from the very beginning.