3 Crises - Globalists Fake Divorce; Invert Narrative; Kill Dollar

Globalism is to globalisation like gender reassignment surgery to teenage angst

• Globalisation is a growing pain; globalism is a policy response.

• No longer interconnected but polarised, they have synthesis in mind

• Narrative changes from interconnected to divergent; the song remains the same.

• EU playthings head to China to cement the downgrade of trade.

• Whether nations are closer or farther apart, the unchanging answer is globalism.

• A decade ago public figures were assassinated for proposing de-dollarisation.
  

• Polycrises are the trigger for the “end of abundance” as Macron promises.

• Bank runs have a back story but serve clear and present purposes.

• The target is the petrodollar, as we called in August 2021.

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Apr 1, 2023

It may not be obvious from London, where some prepare for coronation parties in the streets, while in Paris others set them ablaze, but the architects of these events are one and the same. Western leaders jet around the globe stirring and amplifying crises.

This week the presidents of France, Emmanuel Macron, and of the European Union, Ursula von der Leyen, will travel to China, and their messaging could not contrast more with that of Xi Jinping during his welcome by Vladimir Putin last month.

More on that in a moment.

Jeffrey’s bank

At home the banks topple. Who will be next? In 2020 Deutsche Bank was fined $150 million for not flagging Jeffrey Epstein’s transactions. It wasn’t the only one. JP Morgan Chase also faces lawsuits that could open the way for victims to accuse the bank of knowingly profiting from human trafficking.

Lots of banks have been snagged for laundering drug money — HSBC was fined in 2012 and again in 2021. Or for manipulating interest, such as the London overnight rate where banks parked their money, aka LIBOR.

U.S. financial regulators prefer to go after foreign banks, and Deutsche has been a legitimate target. It struck a $7.2 billion settlement with the U.S. Department of Justice over its trade in mortgage-backed securities: an industry-wide, often fraudulent scheme which led to the 2008 financial crisis.

Deutsche has been involved in tax fraud over CO2 emission certificates, involving as much as €850 million. Carbon offsets are pretty much a scam anyway. [1]

These problems reach back decades and we should query whether their collapse now is organic, or whether they are being pushed.

Smiley face of Poly Crisis

Step one is to break the windows and steal the stuff, without being identified as the thief; in the whirl and confusion of a monetary panic, while the people are not sure which way to look.

Step two is to use that disruption to present a solution: digital identity and rationing, and central bank digital currency.

Stage three is where the globalists’ digital nirvana bumps up against energy constraints — “the plan” proves threadbare, creative people resist, and even those looking out for themselves will be forced to devise workarounds.

We’ve come to doubt whether there was ever a serious plan to build back better. Increasingly “The Great Reset” seems to be what the World Economic Forum admitted at its gathering in Nov 2021 in Dubai: a “Great Narrative.”

We have long argued that the powers-that-should-not-be may achieve the disorder they so desperately seek. They will get their new normal, meaning some degree of depopulation and digital rationing, known as central bank digital currency, but they won’t be able to operate the world they create.

The evidence increasingly supports this view:

• their ambitions for the energy system vastly outweigh capacity;

• Western nations have lost access to much of the oil and gas supply;

• the doomsayers of the WEF predict electricity and internet outages.

• shops depressingly have a lot less available for sale.

The CBDC may work at the wholesale level, as a ledger between banks, but to succeed at the retail level in the way the BIS has proposed — as a means of rationing and control, as part of a net-zero carbon approach — it must be exclusive, leaving no room for cash.

Their aim is to have everybody’s carbon consumption tracked by 2050. Net zero by 2050 means “not adding to the amount of greenhouse gases in the atmosphere by reducing emissions as much as possible and balancing out any that remain by removing an equivalent amount.”

That requires CBDC but it also presumes a sharp reduction in the use of oil, coal and gas for which their is no adequate replacement in terms of capacity.

Can they do both? Run a digital, electric-everything, surveillance society, when even the eco warriors are waking up to the reality that Green energy is not there?

If you believe — as on the Polar Express — “Just believe.”

Laden with macaroons

The EU is aligned with Anglosphere-Atlanticist powers in pursuing war with Russia, while China, whatever the faults of its domestic policy, has pursued economic diplomacy abroad. This counterposes the West’s strategy of winner-takes-all versus mutual gain.

Von der Leyen said relations with China had become “more distant and more difficult” and that European countries must “de-risk.” Were she more literate she would say de-leverage, for she appears to mean reducing one’s exposure to trade, and indeed to globalization.

She is worse than a salesperson in a multi-level marketing scheme. The incompetent trader may occasionally err in the customer’s favour; she is a bureaucrat, however, and that means she holds the customer in contempt.

The message is a cooling of trade, the further suppression of economies that have suffered from Covid lockdown, supply chain disruption, energy strangulation, food and labour shortages (the number of workers on disability increases; doctors are baffled) and, if globalists get their way, the workforce will be isolated in 15-minute ghettoes like Hunger Games districts.

“The end of abundance,” was declared by president Macron, which is to be achieved by one big crisis, or polycrises.

We described six months ago the walls closing in: the contradiction at the heart of Green energy policies.

Regardless of Covid and Ukraine, the EU failed to stress-test energy policy. Instead it undermined resilience through its exclusive focus on emissions.

UN-EU energy failure serves equally well as a pretext for a new social and monetary system: digital identity tied to personal carbon allowances, a credit score and a central bank digital currency.

See Russia Turns Off Gas, Pope moves all funds to Vatican bank; CDC pushes bi-monthly boosters (Sep 6, 2022)

De-dollarisation

The narrative has been quietly flipped on its head. The globalists now talk of de-globalisation. When soon-to-be crowned King Charles launched The Great Reset in June 2020 he spoke of the world’s interconnectedness driving the need for a joint approach to everything from health to finance; security to governance.

Now his accolytes claim the opposite. Half of the world is reducing its dependence on the dollar — Brazil and China are the latest to agree to use each other’s currencies. Here at Moneycircus we signaled the end of the petrodollar at the moment the United States abandoned Afghanistan in August 2021.

State corporate journalists focused on the seeming ineptitude of president Joe Biden’s administration, missing the bigger question: Did the investors just give Afghanistan to China?

See Eurasia Notes #5 - Great Game Over: Did The Investors just give Afghanistan to China? (Aug 17, 2021)

It might seem a strange assertion and yet: if the monetary system is in crisis, the wealthy and powerful will seek more than ever to apportion resources and hold hard assets, not dollars. In Aug 2021 we wrote:

“Interdependence, interrelatedness, stakeholders… you may filter out the jargon but it’s trying to tell you something. The wealth extracted from the governing system is being transferred into new mechanisms of control. The push for renewable energy does not eliminate the power based on hydrocarbons. If anything it protects and preserves that wealth.

By ending the petrodollar economy, the resource wars do not disappear they just move to new geographies and new minerals.”

See Eurasia Notes #7 - Afghan Squid: Turmoil Disguises Motives and Tentacles (Aug 28, 2021).

Western sanctions gave the dollar’s decline an almighty push when they froze Russia out of the dollar payment system.

If U.S. dominance was a function of compelling countries to use the dollar — the reserve currency that allowed Americans to live beyond their means, self-financed by the war machine — then the fate of dollar and U.S. dominance are inextricably linked. They must rise and fall together.

“Globalism is related to, but not the same as, globalization. More accurately, globalism is the prescription, the policy response to the stresses of globalisation. And for that reason globalism may be pursued independently of globalisation, as a world-system — supranational but not necessarily global. It is both a political tendency and a toolkit.”

Confusion arises from the idea of a one-world government — the idea that globalists seek to rule the world from the League of Nations, the General Assembly of the United Nations or some successor body. As we see with the World Health Organisation, the intergovernmental institutions are merely the means of transfection of the globalist virus.

Globalism is a means of beating the world into ploughshares, not from, but by using cannon, sword or hammer. It serves the interests of the wealthiest families — the oiler-bankers or the Rockefellers being a placeholder for long-term wealth — via crises that are real or imagined, and solutions that are actual (such as 15-minute cities) or figurative and symbolic (renewable energy, public health, equity, saving the Earth, feeding the poor).

Like that oxymoron, the rules-based international order, the uber-wealthy support only rules that apply to others. If they respected rules, they would not be uber-wealthy in the first place.

“The matter is not “free trade” — for that is a slogan — but what the policy means in practice. Take the development of the General Agreement on Tariffs and Trade (GATT) which was a set of principles. When it was replaced, contracting parties became members of a governing institution, the World Trade Organization (WTO). Then the Transatlantic Trade and Investment Partnership (TTIP) set global rules for trade — German minister for economic affairs Sigmar Gabriel called TTIP “a lever that allows us to steer globalisation."

Some researchers say the TTIP is about allocating market share to trade blocs such as the EU or the Americas. It represents another retreat from multilateralism. Anything but free trade, you see.”

See From Argentina To A Street Near You: A crisis born of elite conceit is about to be exported around the world (Aug 16, 2022)

It is arguable that the Great Reset has run into the sand. Increasingly, here at Moneycirus, our view is that the Reset was always a Grand Narrative, smoke and mirrors to inspire the functionaries while distracting the public from what is, at root, a heist.

That makes King Charles thief in chief.

Globalist fail

In Jan 2022 we suggested the Great Reset was in trouble and that the Western population would be marched into war in Ukraine. The central banks — private institutions that answer to their owners, not you nor the government — still plan to seize control of resources through centralized digital currencies. The necessary infrastructure, digital identity, turned out to be a familiar I.T. consultancy clusterf***.

Look at any government plan for centralised information, whether passports, medical information or social security, and you will recognise that military contractors and consultants can never resist the temptation to screw up the project so that they can be paid to do it over again.

The British government allocated about 35 billion pounds (almost $50 billion) to Track and Trace with, apparently, little to show for it.

Fortunately, it turns out for us humans, short-term greed won yet again and the centralised control of identity, which is essential — via vaccine mandates and health tyranny — to central bank control of spending and rationing, was delayed.

See Crisis Update - Reset In Trouble: War talk and Omicron downgrade distract the public from economic mayhem (Jan 25, 2022)

In Nov 2021 the WEF held its conference in Dubai: The Great Narrative, which coincided with a swivel from the inevitability of interconnectedness to the dangers of political division and polarisation.

Teflon people

The media/political focus on the dangers of polarisation is their dialectical way of designating the leaders of the supposed opposition.

This dialectic is clear in the gender blender of popular culture but also in the truth movement.

A figure arises who is alluring, fluent in “dark speech and riddles,” who tells us that the rulers are responsible for all that’s wrong; projecting all evils on an elite that simply needs to be “swapped out.”

We see projection at the heart of politics today. This implies that elite have misused the transhumanist project and that the same objectives just need to be pursued in the right hands.

We will still be offered the humanistic Utopia, simply by the another.

The Covenant school shooting feeds very neatly into this polarisation in several ways, firstly as a Trans attack on a Christian school, but also in the symbology and the obvious holes in the reporting of the event — put there in order to polarise.

The narrative is not sticking, however. The trouble with lying is that the people become inured — even if the bureaucracy tries to cover its tracks by painting a single politician as the source of all lies — the torrent of lies exposes itself; the people eventually sniff them out.

Emmanuel and Ursula

Will the EU gallivants, like a couple of gap year ingénues, fall for China’s charms and see the advantage of economic diplomacy? Can we envisage a world that lives peacefully with multipolarity, or do we enter another war like WWI and WW2 for unipolar dominance?

3 Crises - Xi-Putin, Bank Runs, New World Religion: Complexities not resolved, inverted; not solved, weaponised (Mar 24, 2023)

France has long sought to free itself from the dollar yoke. When Christophe de Margerie, the CEO of French oil giant Total, in 2014 met then Russian prime minister Dmitry Medvedev to discuss trading oil in gold, he died. Upon leaving the meeting his jet failed to get airborne and crashed on the Vnukovo runway. A former KGB operative told Moneycircus that de Margerie was assassinated — and certainly not by Russians.

Proposing a link of regional currency to gold is what got Muammar Gaddafi killed.

See: Eurasia note #40 - Gold Rouble vs. Central Bank Digital Currency: Russia's tolerance of The Great Reset is looking less likely by the day (Apr 4, 2022)

Are Macron and von der Leyen taking a more stealthy approach to cutting ties with the dollar — as Jason Powers suggests — or is the West being led in a dance by fifth columnnists within the bureacracy, who work for rival principalities?