SDR & the New Bretton Woods - Part Four

FREEPOM, SDR's and the New Bretton Woods23 Comments

This is really an old lesson for a new era. At such a momentous time as this, we need to choose the ethos of 1944 over 1914. We need to rekindle the Bretton Woods spirit that has served us so well.

-          Christine Lagarde, Managing Director of the I.M.F. Feb 3, 2014.

As young boys my brother and I delivered newspapers in our neighborhood.  There was one house in particular that always stood out to us.  In this home lived a man with no legs.  The house was your standard suburban build of the 1970’s and had a ramp running up the width of the front. The man in his wheelchair would often be parked at the small area at the top of the ramp.  It was a short landing from which he could enter the house.

SDR & the New Bretton Woods - Part Three

FREEPOM, SDR's and the New Bretton Woods18 Comments

Have no doubt about it, the so called Global Currency Reset is already happening, and it’s happening by the International Monetary Fund restructuring the world’s wealth through the emerging markets.  Sovereign debt is at a 200 year high.  Fiat currencies are on the verge of collapse.  Stock markets are hovering over nothing but the illusionary ether from which they climbed.  And if you listen carefully you’ll notice that all countries are speaking from the same script.

The Failed Alchemical Process of America

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The unknown man held his red hand high in front of the cheering crowd.  The blood of Louis XVI ran down his forearm and dripped onto the wooden planks beneath. The blade of the guillotine was raised back into position.  It would have to wait another 8 months for the head of Marie Antoinette.  The crowd roared again as the head of the king was tossed aside.

America’s Karma and World War Two Gold Theft

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This essay serves as an Addendum to one of my previous posts titled “China to Purchase the Federal Reserve”.  The article itself has generated a lot of interest and many questions.  Such things are not easy to prove and take book length discourses to fully understand and grasp the complexity of not just the process, but also the history behind it.  Such are the expectations of pivotal events.

Is the International Monetary Fund Hinting About An Economic Reset?

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It has been rumored for quite some time that the economic powers in the world, namely the Bank for International Settlements, The International Monetary Fund, and the World Bank have been working closely with most of the worlds countries on an economic reset.

The idea behind the reset is to prevent a complete collapse of the banking industry worldwide.  When one calculates the amount of debt in the world today, the instability of the whole system is obvious.

Global Freight Data Indicates No Economic Recovery

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Contrary to establishment propaganda, there is no economic recovery taking place.  There are many leading indicators to support that statement, none more so than global freight data.  The International Transport Forum, in its December, 2013 Statistics Brief, titled “Shifting Economic Mass Towards Emerging Economies Shown in Global Freight Data”, clearly defines how the performance of the advanced (western) economies remains weak, while the performance of the emerging economies are becoming stronger.

IMF paper warns of 'savings tax' and mass write-offs as West's debt hits 200-year high

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Comment:   When the whole of Western Civilization is structured around debt, and the continued creation/increase of debt, implementing a "savings tax" and "mass write-offs" is only a temporary solution.  Without a fundamental change to how money is created within the system, debt will continue to accumulate and sometime down the road, 5 years, 10 years, maybe 15 years, we will find ourselves back in the same situation, or worse.  - JC