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How The BRICs (Thanks To Russia) Just Kicked The G-7 Out Of The G-20!! The END of the Unified Global Monetary System!

March 27, 2014 by mosesman
Global economic, financial and monetary collapse super storm is coming!
Global economic, financial and monetary collapse super storm is coming!

“That would mark the end of the unified global monetary system that has developed since the IMF was founded in 1945, to be replaced by a bloc of fiat currencies in the developed countries and a system in the emerging sector where currencies were linked to drawing rights in some new international fund, possibly with some material backing. It seems unlikely that convertibility between these monetary systems could be maintained for long. Consequently, the 10 April meeting is shaping up as a potentially critical juncture in world economic history.“ – Quote

  • IMO, the western Illuminati will never give up their global monetary hegemony without a fight! They will trigger their Satanic World War 3! They are prepared to lose 100 cities to nuclear war than to give up their global hegemony, the source of their Satanic Mammon power! See also:
    –
    David Morgan: G20 Ultimatum to America – “Reform or Else”! End of Dollar as World Reserve Currency, Gold and Silver Will Be Global Phenomenon!
    –
  • How The BRICs (Thanks To Russia) Just Kicked The G-7 Out Of The G-20!! 
    by Paul Mylchreest of Monument Securities, via www.zerohedge.com
    A critical juncture
    Over the course of the last century, the US Congress has been blamed for much that has gone wrong in international relations. The unwillingness of Congressional leaders in 1919 to support US participation in the League of Nations doomed from the outset that quixotic attempt to put global relations on a rational basis. Renewed world war was the eventual outcome. Then in 1930, Congressional passage of the Tariff Act, widely known as Smoot-Hawley, marked the break-out of beggar-thy-neighbour trade practices that no less an authority on that period than Mr Bernanke has maintained contributed to the length and depth of the global depression.

    ….
    International discord over Ukraine does not bode well for the settlement of differences over the IMF’s future. Though the G7 is excluding Russia from its number, in retaliation for its action in Crimea, this does not amount to isolating Russia. There has been no suggestion that Russia be excluded from the G20. The USA and its allies have suspected that several other G20 members would not stand for it. This suspicion was confirmed yesterday when the BRICS foreign ministers, assembled at the international conference in The Hague, issued a statement condemning ‘the escalation of hostile language, sanctions and counter-sanctions’. They affirmed that the custodianship of the G20 belongs to all member-states equally and no one member-state can unilaterally determine its nature and character. In short, their statement read like a manifesto for a pluralist world in which no one nation, bloc or set of values would predominate.
    ….
    Beijing  leaders have long dreamt of displacing, or at least dethroning, the US dollar from its reserve currency role. US dominance of the IMF is one of several effective bars to the achievement of such a goal. The kind of action Russia is advocating, the BRICS wresting control of the IMF in despite of US veto power, might have some appeal. That would mark the end of the unified global monetary system that has developed since the IMF was founded in 1945, to be replaced by a bloc of fiat currencies in the developed countries and a system in the emerging sector where currencies were linked to drawing rights in some new international fund, possibly with some material backing. It seems unlikely that convertibility between these monetary systems could be maintained for long. Consequently, the 10 April meeting is shaping up as a potentially critical juncture in world economic history.

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One comment

  1. small bathroom remodeling ideas images says:
    March 28, 2014 at 10:20 am

    Appreciate it. Lots of facts.

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