Jim Willie: Exported QE Travesty, Meet the BLICS …

• Jim Willie: Exported QE Travesty, Meet the BLICS …
  by http://www.silverdoctors.com/
  Summary 
  We are entering a new phase.  The Chinese conversion to Gold bullion will be seen as a declaration of financial war.
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  In 2006 my work warned that China will move from outsourced producer to trade partner, then to trade rival, finally to opponent in trade war. They are moving to executioner of the King Dollar.
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  By Jim Willie, GoldenJackass.com:
  The aggravated global financial situation is working toward a series of powerful climax events. The various USDollar platforms are either undergoing seizure or suffering from abandonment by primary players. The grand Reich Finance application is failing finally, with extraordinary lies, propaganda, market rigging, doctored statistics, and $trillion patches leaking. The Western banking system is being lashed at another level, after the multi-lateral lashing with derivatives tied the big Western banks all together following the Lehman killjob in 2008. A new global lashing has begun to show itself, yet another obscenity.
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  Witness the export of QE globally by the USFed via the unlimited vast Dollar Swap facilities (massive slush funds). The new 5 BLICS nations under Western thumb are being used to purchase huge tracts of USTreasury Bonds, surely using Dollar Swap funds, on behalf of the USFed master criminal organization. One is left to wonder what the sweetener was for the five nations, like perhaps shared narcotics funds, or a promise of hidden banking system relief. The self-dealing using nations to buy USTBonds with free money has come to the fore, in another desperate attempt to save the system. It cannot be saved. It is cratering. It is rotting from the inside. It is fracturing. It will fail. The fiat paper currency system and its many attendant systems are seizing up, being rejected, and are failing in what has begun to be the grandest financial event in modern history.
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