Socio-Economics History Blog

Socio-Economics History Blog

Willem Middelkoop: Russia & China Met Twice Last Week to Propose Monetary Reset And Kill Dollar

by mosesman

The_Death_of_King_Dollar

  • The Global Monetary/Currency Reset is simply the Return to the Gold Standard ie. hard currencies, asset backed currencies.
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  • There is an unprecendented massing of NATO forces (since WW2) along the border of Russia, in Eastern Europe. The ICJ ruling for the South Asia seas territorial dispute between China and the Philippines is due 12 July, next week. We have the setup for a very explosive situation in July.
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  • The source of power of the western Illuminati is its global financial and currency hegemony. The chief component of which is the world reserve currency: the US dollar. Russia and China will kill the dollar to win the war against the west. When the US dollar collapses, nations around the world will reject it for trade settlement. The western Illuminati can no longer finance their terrorism and wars without end by creating trillions of dollars out of thin air. They will no longer be able to buy up the world with these electronically counterfeited Federal Reserve notes (USD).
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  • Willem Middelkoop: Russia & China Met Twice Last Week to Propose Monetary Reset
    by http://www.silverdoctors.com/
    Brexit can be seen as part of a world wide revolt against the establishment, which gave us the British and American empire (together with a few dozen wars).
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    People are ‘Fed’ up with elites and their game plans (EU being one of them). Desintegration of EU has started now. Had to happen anyway. But I am afraid of the other unintented consequences.
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    Sure, insiders know this debt fueled growth model can’t go on forever. Stating this in the past was a step out of the official ‘party line’. But without anymore QE the whole system (house of cards) will simply start to collapse.
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    I will be waiting for insiders to start calling for Debt Restructurings and moves towards creating much more SDR-liquity to know real changes are being prepared.
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    Until that point more of the same is to expected. But more QE and ever lower rates will increase the flight to gold, which could lead to a paper-gold-default (and silver) on the COMEX (Chicago) and/or LBMA (London) exchanges/systems.
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    On a side note; Russia and Chinese leaders met twice during last week and called (again) for an end to the current (dollar) system. From my contacts with Chinese insiders I know they really understand our problems well and are clearly preparing for The Next Phase (a monetary and geopolitical reset) (note: bold emphasis is mine)
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    Time has come to become very defensive now. A new worldwide financial and political crisis could just have been started. When Trump will be elected it’s time for the real fire works. It will be the American equivalent of a Brexit. A huge shift from the political past.

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