3 Crises - Xi-Putin, Bank Runs, New World Religion
Complexities not resolved, inverted; not solved, weaponised
Russia-China talks lay no evidence of collusion with one-world plan; alt-media dozes
U.S. decries peace, as it pushes rivals into each others’ arms
Moscow-Beijing describe cooperation and peace, diverging from Western defintion.
Banking sector in collapse, evidence emerges that bailed banks are China connected
Federal Reserve private central bank that runs government claims dindu dunno
Individuals get clearest signal yet to go local, go physical, know your banker (KYB)
Graham Hancock’s apocalyptic warnings embraced by mainstream
Clatacysmic view of history suddenly promoted; orthodox progressivism demoted
Demolition of orthodox academia a prelude to new spiritual group think.
(3,300 words or 16 minutes of your company.)
Housekeeping:
For the latest, proofed version, please click back to this web site.
Substack’s search tool ain’t great but by using the lower “magnifying glass” you can search topics. Otherwise use site:moneycircus.substack.com subject.
Mar 24, 2023
Surely Xi and Putin having met for the 40th time would be worthy of comment. Kremlin watchers would be looking for signs of complicity in the one world plot.
Most Alt Media pushes hard the idea that Russia is complicit in the Covid response and the one-world government in the making. Yet it strangely ignores the visit of Xi to Moscow. Instead we have numerous article on the third anniversary of Covid.
The edge of the blade, perhaps, is not whether China and Russia are secretly complicit with the British and Americans in a NWO but whether we are witnessing the emergence of a world that can live peacefully with multipolarity, or whether we enter another war like WWI and WW2 for unipolar dominance.
Chinese president Xi Jinping's visit to Moscow wrapped up on Wednesday, after 4.5 hours with president Vladimir Putin on Monday and on Tuesday with Russian prime minister Mikhail Mishustin, delegations and again with Putin.
Details of discussions were of course not revealed, although Xi in his farewells ventured:
“The change that is coming that hasn't happened in 100 years. And we are driving this change together. Where we are united there is now peace.”
To which Putin replied: “I agree.”
The two countries have condemned what they call an attempt to create a “unipolar world” controlled by Washington, and in turn the U.S. jeered. Secretary of State Antony Blinken saying Xi’s visit suggested that “China feels no responsibility to hold the Kremlin accountable for the atrocities.”
Jeering however, only reveals a gulf between what can only be called the maturity of the Eastern and Western responses.
There was, it’s true, no announcement on negotiation with Ukraine. Instead declarations pointed to Moscow’s increasing role as a financial center.
This has been the grail for Moscow since the early 2000s. The limitations to Micex, the Moscow International Currency Exchance, in attracting commitment to route trade and currency through Russia seemed intractable.
Sanctions have suddenly made the unlikely seem more than possible: the route for yuan might just as well be Moscow as Singapore or London. Forget New York.
Russian exports conducted in Yuan tallied 16 per cent by the end of 2022, Russian deposits in foreign exchanger slightly less. The mere fact of yuan’s use improves its convertibility.
Diplomatic dodo
The West waltzes into diplomatic traps, blinded by hubris, led by a curiously apt alliance of buffoons and aristocrats, often one and the same.
As The Duran noted, the U.S. immediate rejection of peace, when the administration would have done better to respond with a stony silence, demonstrates the lack of skill of the current generation of officialdom. Retired diplomats would have placed their head in their hands in despair.
As we see on the stage of the World Economic Forum, there is an attempt to recreate the 19th century distinction between meritocratic professional who learns by experience and the breed of gentlemen amateur who knows instinctively what is right.
In addition we confront what look like actors or stand-ins for statesmen – literally the case in Ukraine.
The loss is not only of face but of economic power, as Russia and China lead half the world in setting up new payment and financial conduits – which once underpinned Western dominance.
Did comedians find themselves in office by accident, or by the hand of the intelligence services, whom president Harry Truman warned were running politics 60 years ago — and in whose interest do they act? [1]
Some in the alt media claim that China and Russia are secretly complicit with the British and the Americans in a NWO. The reality is a test of whether the world can live peacefully with multipolarity.
Nuts and bolts
Economic diversification and infrastructure formed the heart of memoranda signed in Moscow to deepen cooperation.
The significance of the visit may lie less in specific agreements than on the personal relationship of Xi and Putin, who have met more than 40 times. Xi has invited Putin to visit China this year.
Associate Professor Jingdong Yuan from the University of Sydney told Channel News Asia that while Western sanctions on Russia meant more oil and gas for China, Ukraine’s grain exports had suffered and there had been new Western restrictions on Chinese companies.
China’s economy on the other hand is much more tightly integrated with the West, this means it is more complex for Xi to offer its services as neutral broker over Ukraine.
The Ukrainian president’s office said that Russia had failed to extract new commitments from China: “no military alliance or partnership, no new contracts for the supply of certain types of weapons, no clear position in support of Russia was taken by the Chinese leader.”
On the other hand, nor would China confirm Ukrainian claims that Xi had spoken to president Volodymyr Zelenskiy.
No peace, not now
Washington has admitted that it decides whether Ukraine can negotiate peace, not Kyiv: reported delicately in the U.S. press as “National Security Council spokesman John Kirby dismissed suggestions that the United States should encourage Ukraine to negotiate a settlement with Russia.”
In February, the Chinese Foreign Ministry published not a proposed treaty but list of 12-points for a humanitarian and military settlement in Ukraine and the lifting of unilateral sanctions imposed without a decision of the UN Security Council.
As for Russia, on the prospect of peace talks with Ukraine, Putin said it would move forward when the West and Ukraine showed willing.
He noted British plans to sends depleted uranium ammunition for Challenger 2 tanks. Foreign Secretary James Cleverly (the latest in the trend to appoint numpties to the role) says depleted uranium shells are purely environmental, sorry, conventional weapons.
The Laka Foundation reported after the first Gulf war that "Depleted uranium weapons are the offspring of nuclear weapons, and the newest weapon capable of causing mass destruction. If the international community accepts the use of depleted uranium weapons in warfare, it must also accept the moral obligation to fully address the health and environmental consequences, regardless of the cost." [2]
As for the broader topic of the war, EU leaders [the European Commission runs the EU, and opaquely so] meet for two days to discuss topics that don't bode well for European living standards.
Apart from military aid, and the misappropriation of Russian assets to give to Ukraine, and trying to prosecute Russian leaders (while ignoring Iraq, Libya, Syria, Afghanistan, Yemen etc), European citizens find themselves squarely in the cross hairs:
global food security
address high energy prices
reducing gas demand
ensure security of supply
phase out dependency on Russian fossil fuels
There are now 915 gas stations in France completely without fuel due to “Putin's Law,” and 1,195 partially so.
Military latest
As to the fighting, The Guardian claims Russia is facing resistance in Bakhmut (Artyomovsk) – the shortest name is best - and turning its attention to Avdiivka, failing to note that these towns are 30 miles apart and could be considered part of same assault on retreating Ukrainian troops.
More crucially Avdiivka is one of the cities from which Ukraine forces have been shelling civilians in those parts of Donbas that have sought the protection of the Russian federation.
Russian troops have surrounded Avdiivka on three sides, cutting the railway used to supply Armed Forces of Ukraine.
Brian Berletic writes that the encirclement of both cities will compromise the entire Ukrainian line of defence in Donbas.
Russia launched 21 Iranian-made Shahed-136 drones to attack Ukraine overnight on March 22, according to the General Staff of Ukraine's Armed Forces.
Follow Eva K Bartlett on Telegram for a fearless account of what’s happening on the ground.
New world order
The globalist plan, if you insist on it, is to reduce the world to slavery controled by a single elite.
Ask yourself if you espy such unanimity among the players just mentioned.
According to former investment banker and director Catherine Austin Fitts, of Solari Report, since the 1990s the bankers are no longer satisfied with a balance of power between the power of a militarized state, and the power of the enternal money printers and usurers.
The usurers have decided to take full control, by taking the people out of the equation.
Is that possible or do you reach for the ADL’s cheat notes on what to believe?
Your choice.
Bank detritus
The collapse of Silicon Valley Bank turned out to be bigger than regulators thought and exposed not only to Silicon Valley’s tech sector but Chinese start-ups, too.
Credit Suisse is a systemically-important partner of the World Economic Forum Malthusian project. CS claims to embody the entrepreneurial spirit, or perhaps the buccaneering spirit of 16th century pirates.
UBS agreed under pressure to acquire Credit Suisse for 3 billion Swiss francs ($3.2 bn). In the last financial crisis of 2008, UBS, itself was bailed out by the Federal Reserve with dollar swaps.
Part of the Credit Suisse due dilligence term is part-time woman of the year Pippa Bunce, who sometimes turns up to work as Philip Bunce, but make of that what you will.
Rationale
As lawyer and researcher into central banking John Titus explains, if you don’t have an account at the Federal Reserve, you have a retail account. This tells us how extended is the retail sector.
In 2008 the Fed expanded the balance sheet but it was buying assets from banks, and the money stayed in the banks’ accounts with the Fed.
In 2020 the pandemic quantitative easing (QE) the Fed again bought assets but this time from non-banks. Money went into the broader economy and into the retail banking system which went from $13.5 trillion to $17.5 trillion. This broke the equivalence between retail deposits and bank loans. Today there is about $3 trillion of what appears to be QE.
What the central banks may be doing is printing money today, with the plan of clawing it back tomorrow once the retail banks crash, and thus they bail-in the depositors, in effect seizing their money.
This would account for Modern Monetary Theory whose proponents say governments can print money forever, without any blow back. It would also be consistent with the plan for CBDCs.
Equity will decide who gets a 90 per cent “haircut” – all but 10 per cent of their deposit being seized to shore up the bank – and who keeps all their money.
It is not the same thing as equality. Equity may dictate that one person keeps more money than another, reflecting “a commitment to strategic priorities, resources, respect, and civility, as well as ongoing action and assessment of progress toward achieving specified goals.”
Financial inclusion; another buzzword
Since the start of the pandemic, Woke has been injected with steroids. The demand to acknowledge, even celebrate, new behaviours is being promoted by the banks and the corporate members of the World Economic Forum.
The beginning of the pandemic gave a foretaste of the CBDC to come: they froze the economy to stop demand for corporate loans; they injected money to create inflation. The privately-owned central banks create the problem, and profit from it, and they end up with more control.
In theory the 12 Federal Reserves are owned by the commercial banks in their district but the only Fed that counts is New York. Titus explains the latest information on ownership. “You don’t know how many shares the banks have, and you don’t know who owns the banks.” Taking the example of Citigroup, their proxy statement with the SEC which show the same names – BlackRock, Vanguard, Fidelity. “You go to their proxy statement and it’s an onion. You will never get to the bottom of it,” says Titus.
According to a FOIA request in the past decade, Citigroup is the biggest owner of the NY Fed. “We don’t really know who the people are or where the true owners are located.” [3]
SVB had multiple connnections with Sam Bankman Fried. When the Feds bailed out SVB depositors they initially thought they were saving Silicon Valley - yet it turns out that half the Chinese start ups banked there, along with a bunch of Israelis.
They all got "made whole." That's the banking version of a made man.
FTX, Enron and Madoff - organized crime
Like Bernie Madoff, there is no way that Sam Bankman-Fried ran FTX on his own. Madoff had one thing in common with Epstein - he was a billionaire financier, who never placed a trade.
How do you move billions of dollars around with a fake paper trail? That is a lot of work needing a team of hundreds x the number of customers x the number of shares - credit due Titus.
The fiction is preposterous that Madoff or Sam managed frauds that complex. Let alone where did the seed capital come from; when did you meet Blair and Clinton; what were your bona fides to wire hundreds of millions of dollar?
These frauds are indicative of how the political and financial system are not just corrupt, they are brazen. The family connections of Sam's family, the links to prevous scandals like Ultimate Bet scandal of Dan Friedberg who was the general counsel of FTX... the new CEO is the former insolvency administrator of Enron.
Moral? This is a financial production. What is their incentive. It's not just the intro of CBDC. A political class is maneuvering to come out on top.
Keep reading with a 7-day free trial
Subscribe to Moneycircus to keep reading this post and get 7 days of free access to the full post archives.