Once bank failures start to spread across China the cultural, political, and business fault lines will rupture and the Communist Party of China (CPC) will tear itself apart as the vying factions fight one another for power. Under such a scenario the assets owned by the PLA and others outside of China may very well be frozen or confiscated by governments around the world, like America, in order to create leverage over the PLA and ensure that Chinese weapons systems and nuclear missiles remain protected and secure. The PLA can also be leveraged to turn its focus and scope inward to ensure that the revolution doesn’t become too violent and that any transition in power would be somewhat orderly and fast.
Under Trump, America is pushing strategically against Russia in Eastern Europe, against China on multiple fronts, both economically and militarily, and against Iran on all strategic fronts. This isn't to keep the dying USD framework alive, but to ensure America still has economic independence and shared military supremacy when the full monetary realignment takes place. Not having the USD as the global reserve currency and being able to use the SWIFT international payments system as leverage over nations which won't agree with America on trade and economic terms will require something to replace it which can ensure security in the future.
No one wanted to be wrong at a time when no one knew how to be right. All existed in that place which was once called purgatory but has since been named enlightenment. It was a space which encompassed two worlds which were more evolving together than colliding. While one could be lost in the hellish catacombs of the subconscious, another, two steps away from the first, could be transcending the world of light and dark to reside in the translucent plane which exists just beyond. This space contains the origins of all as well as the seed of one
It became clear during the financial crisis of 2008 that the central bank model of providing liquidity for global growth was coming to an end. This followed on earlier financial and monetary events, such as the Asian currency crisis of 1997, which provided indications of a fundamental and structural problem with the global monetary system.
While some pundits, analysts, and policymakers across the political and economic spheres have been unable to follow the logic behind such a conclusion, the facts and trends are undeniable. The Bank of Amsterdam was the world's first central bank and was established in 1603. This bank represented the preeminence of the Dutch Empire and was followed with the establishment of the Bank of England, the world's second central bank, which in turn represented the emergence of the British Empire and expansion of the East India Trading Company around the world.
The East India Trading Company was instrumental in both spreading and enforcing the use of the British pound in all the regions of the world which it established business relationships and trade deals. A modern comparison would be perhaps found in OPEC, which regulated global energy trade and production while ensuring trade arrangements were balanced in USD. The history of such companies being aligned with the interests of its origin nation and the corresponding banking, business, and trade needs is widespread throughout the last 400 years. Such relationships spanned empires and borders as one after another central bank was established in the nations of the world.
Back in September of 2017, I wrote a piece titled "A Transcontinental Civil War?" where we explored the possibility of mass migration being the leading cause of a civil war which spanned across the borders of most Western nations. It was postulated that this civil war would be somewhat stage-managed to guide Western nations into accepting the broader mandates of Globalization and the United Nations non-sovereign framework for a world government.
The existence of such a strategy cannot be denied, nor can it be explained away by convenience labels such as conspiracy theorist. The open call for world government has reached new levels of openness and boldness. The use of the phrase "New World Order" has become something of an amusement to those who have found themselves in positions of power and influence. Even Ripple CEO Brad Garlinghouse has recently used the phrase in reference to the new world of blockchain and cryptocurrency based solutions which are being developed and deployed at an ever-increasing rate. The reason for choosing such a specific phrase is for verbal and communicative impact. It relays multiple messages across multiple demographics, and in all probability has a different meaning and social-construct depending on the constitution and dispensation of the person observing or listening.
Beggars want to be kings and kings want to be greater kings. Each of us seeks out XRP knowledge and riches for our own reasons. Some are enthralled by the process of development and implementation more than price. Others are strictly focused on upward price movement and untold riches. There are many who populate the temporary wastelands in between. We roam about wondering "when moon" and follow those who proclaim to know something which the profane do not. Those who make such claims are indeed the profane amongst us, for the accumulation of knowledge and wisdom are two different things. Wisdom is the key to managing knowledge. Do you see profane Man? The king and the beggar are one and the same.
The geopolitical hotspots of Eastern Europe and the South China Sea continue to be pivot points which America is focusing on to retain some form of influence over global interactions as the USD system unwinds. The tension between Russia and the NATO build upon its border is the most worrisome. As we’ve covered before, control of the Eurasian continent is the objective.
It’s always been interesting to me that a worldwide movement called Anonymous was built from the script of a Hollywood movie. V for Vendetta and its use of the Guy Fawkes mask has symbolized the resistance to a corrupt and power-hungry elite for years now. Masks are some of the most powerful symbols used by humans and the Anonymous mask is no different. (Reference the last line of my article titled The Geopolitics of XRP - “No more masks”.)
USD, SDR, Economic Collapse, Sovereign Debt, China, Russia, SWIFT, and SAP
The fear of an economic collapse is a constant emotion which spans across financial demographics and business news cycles. Everything from sovereign debt pressures to currency wars, with trade wars sprinkled in for good measure, are leveraged as potential sparks for the next crisis.
Over the last five years, I have made a reasonable case that central bank monetary policies around Quantitative Easing (QE), and the subsequent Quantitative Tightening (QT), or normalization of monetary policy, would not lead to the dollar collapse and economic turmoil that so many had been predicting. There has been much written about the QE response to the financial crisis of 2008 and the inevitable normalization of those policies which would follow. So let’s just focus on the basic economics to help us understand the broader impact of these policies and the direction the world now appears to be taking as a response to the last crisis.
Elements of the Philosophy of Decentralization JC Collins The worlds first attempt at globalization has failed because there was no alternative to the centralization of wealth. In this article, I will make the case that Colonialism and Neo-Colonialism were built around the centralized principles which both Capitalism and Communism ... Read More