2016 – US dollar warning : the beautiful isolation of the « global reference currency »

Note for our readers : Following our monetary research work under the form of a surveillance of several months, our team is worried again about the US dollar. After a calming two year time, the dollar is heckled again within today’s new multi monetary world. Surprised by the conclusions of its own analyses, presented here below exclusively to you, our team of experts wishes to warn you, the GEAB readers, about the possible danger threatening the dollar. 2016 could very well be the year when the dollar wall will fall…

To explain the current financial turmoil, all official accusing fingers are pointing to a single guilty party: China, the ideal guilty player, the same way Greece and the euro currency were at their time. It is true that evidence seems to be on the side of those accusing fingers, due to the recently unstable Shanghai stock market and its low values. Continue reading

World War III Has Begun — Paul Craig Roberts

The Third World War is currently being fought. How long before it moves into its hot stage?

Washington is currently conducting economic and propaganda warfare against four members of the five bloc group of countries known as BRICS—Brazil, Russia, India, China, and South Africa. Brazil and South Africa are being destabilized with fabricated political scandals. Both countries are rife with Washington-financed politicians and Non-Governmental Organizations (NGOs). Washington concocts a scandal, sends its political agents into action demanding action against the government and its NGOs into the streets in protests. Continue reading

2016 – Red alert on the dollar, financial crisis, oil, banks… General strategic retreat in the perspective of an imminent “hard landing”

Our team has chosen to place 2016 under the sign of a “general strategic retreat”, affecting all levels of social organization, starting of course with the national levels, but not only.

This retreat (or fallback) will not yet represent in 2016 the end of the global mobility, of the international exchanges or of the internet, and the world will still be a global village this year. Nevertheless, we will see walls getting built, regulations being imposed, flows getting controlled, armies strengthened, markets fragmented … all this not on an international basis, since the failure of the global governance reform is striking, but on the basis of the only available political entities on the market: nation states, religious and ethnic groups, certain supra-national organizations and the local level. Continue reading

Russia, China develop navigation system draft for SCO, BRICS

Russia kicked GPS out of its country back in June of 2014, while BeiDou was first introduced in late 2012. Meanwhile, the aging U.S. GPS is on the verge of collapse.

A new world without the U.S. continues to form.

 

Russian and Chinese experts have developed a draft project to create a global international navigation system based on China’s BeiDou and Russia’s GLONASS satellite navigation for the member states of BRICS group and the Shanghai Cooperation Organization, Russian Space Systems company said in a statement on Tuesday. Continue reading

The IMF Just Entered The Cold War, Forgives Ukraine’s Debt To Russia

Since 1947 when it really started operations, the World Bank has acted as a branch of the U.S. Defense Department, from its first major chairman John J. McCloy through Robert McNamara to Robert Zoellick and neocon Paul Wolfowitz. From the outset, it has promoted U.S. exports – especially farm exports – by steering Third World countries to produce plantation crops rather than feeding their own populations. (They are to import U.S. grain.) But it has felt obliged to wrap its U.S. export promotion and support for the dollar area in an ostensibly internationalist rhetoric, as if what’s good for the United States is good for the world. Continue reading

Who’s Really Isolated? Iran Set To Join BRICS Bank, Strengthen Ties With Brazil

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As US hegemony wanes in the face of dysfunctional domestic politics, foreign policy confusion, and a “lead from behind” mentality, the world has begun to transition towards a kind of new world order both politically and economically.

On the geopolitical front, we’ve seen a resurgent Russia take charge in Syria after the situation spiraled out of control, leaving hundreds of thousands dead and creating the worst migrant crisis in Europe’s history.

On the economic front, the BRICS nations have embarked on a series of projects designed to supplant the US-led multinational institutions that have dominated the post-war world. Continue reading

Collapse Of The Western Financial System Looms As A “Strategic” Russian Default Is Possible

Putin did press Obama for the US to join Russia in a real grand coalition bent on smashing ISIS/ISIL/Daesh. The Obama administration, once again, relented. I detailed here what happened next: an earth-shattering game-changer in the ‘New Great Game’ in Eurasia, straight out of the Caspian Sea, that caught the acronym fest of US intelligence – not to mention the Pentagon – completely off-guard.

So this was Putin’s first message to Washington, and the Pentagon/NATO combo in particular; your fancy ideas of stationing tactical nuclear weapons or expanding missile defense to Eastern Europe, or even Asia-Pacific, are just a mirage. Our cruise missiles are capable of wreaking real effective havoc; and soon, as this piece argues, there will be more hypersonic, high-precision long-range missiles added to the mix. Continue reading

Consistencies in Western Hegemonic Policy

DAMASCUS/MOSCOW/WASHINGTON/BERLIN (Own report) – Berlin has sharply criticized Russian bombing raids in Syria. In a joint declaration with governments of several allied countries, including Turkey and Saudi Arabia, the German government claims the Russian Air Force did not target the “Islamic State” (IS) but the “Syrian opposition and civilians,” and calls on Moscow to “immediately cease” these attacks. Russian bombers, however, have not only hit bases of the IS and other jihadi militias, but also the facilities of western-armed combatants, participating in the al-Nusra Front’s offensive. Al-Nusra is the Syrian branch of al Qaeda, the primary target in the West’s post 9/11 “War on Terror.” The Russian air raids highlight a significant increase of Moscow’s influence in the Middle East and the growing influence of non-Western powers in world affairs. They are another blow to western global hegemony.

Continue reading

Russia’s Strategic Partnership with Europe Inevitable – PM Medvedev

“Russia has no intention to abandon the European continent, either economically, or politically, or mentally,” Medvedev said in an article published by the Rossiiskaya Gazeta on Wednesday.”The relations could be changing in the future, but the strategic direction will remain inevitable — cooperation, partnership, and, with favorable conditions, even the creation of a unified economic space,” Medvedev stressed. Continue reading

How China successfully redrew the global financial map with AIIB

From worries that it would not raise enough funds to concerns other nations would not support it, Beijing was plagued by self-doubt when it first considered setting up the Asian Infrastructure Investment Bank (AIIB) in early 2013, two sources with knowledge of internal discussions said.

However, promises by some Middle East governments to stump up cash and the support of key European nations – to Beijing’s surprise and despite US opposition – proved a turning point in China’s plans to alter the global financial architecture.

Continue reading

China on par with US in economic influence, says expert

As China is gearing up to grab global financial hegemony from the United States, the world has witnessed its breakthrough in a recent development.

The unexpected 3% depreciation of the renminbi on May 3 shocked the whole world, resulting in turmoil in global financial markets, a sign that China’s economic clout has surpassed that of the US, Japan and European countries and that the renminbi is more influential than the US dollar, euro, Japanese yen and British pound. Continue reading

Russian payment system alternative to SWIFT to be finalized in six months

An alternative to the U.S.-ran world has been planned for a while and now it’s already almost formed. All that’s missing is the putting together of a few final pieces, then deployment after a U.S. collapse and for the next world superpower(s) to fill the vacuum.

 

It was reported earlier that the Russian Central Bank was going to launch the system in autumn of 2015

VLADIVOSTOK, September 3. /TASS/. Russian payment system – alternative to SWIFT – will be finalized within six months, Deputy Finance Minister Alexei Moiseev told TASS Thursday. Continue reading

[WARNING] China, Russia Create Own Gold Market to Take Down U.S. Dollar

And this is only the economics side of what’s to come.

People have long forgot about the military component to the Sino-Soviet war axis, which is under construction and will be used to create One Clenched Fist.

BRICS is the social-economics side, whereas the SCO is the political and military side.

The sword is coming.

 

If you’ve ever suspected the gold market is being manipulated, you’re not alone – and you’re right, it is.

Money Morning Chief Investment Strategist Keith Fitz-Gerald explained to readers gold price manipulation back on March 5, 2013:

“Central banks and traders (especially the big ones acting on behalf of mega hedge funds, large-scale private funds, and institutions) can push gold prices higher – or lower,” Fitz-Gerald wrote. “The financial markets are like a football game in that there is a constant flow of energy between participants. And the ‘manipulation’ works in both directions, especially when it’s being orchestrated by the Fed and other central banks in the name of political expediency.” Continue reading

Doomsday clock for global market crash strikes one minute to midnight as central banks lose control

China currency devaluation signals endgame leaving equity markets free to collapse under the weight of impossible expectations

When the banking crisis crippled global markets seven years ago, central bankers stepped in as lenders of last resort. Profligate private-sector loans were moved on to the public-sector balance sheet and vast money-printing gave the global economy room to heal.

Time is now rapidly running out. From China to Brazil, the central banks have lost control and at the same time the global economy is grinding to a halt. It is only a matter of time before stock markets collapse under the weight of their lofty expectations and record valuations.

The FTSE 100 has now erased its gains for the year, but there are signs things could get a whole lot worse.

Continue reading

BRICS Bank, AIIB Pledge Partnership, Loans To Be Issued In Yuan

Over the first half of the year, we’ve built on several narratives that we believe are critical when it comes to understanding how the intersection of geopolitics and economics is set to shape the world going forward.

One of these narratives revolves around the extent to which three China-led ventures are set to supplant traditionally dominant supranational lenders on the way to embedding the yuan in international trade and investment.

The new ventures are the BRICS bank, the Asian Infrastructure Investment Bank, and the Silk Road Fund. We’ve discussed each of these at length and we’ve also shown that in one way or another, they all represent a shift away from the multilateral institutions that have dominated the post-war economic order.  Continue reading