Crisis Update - Scripted Collapse Of Your Wealth
Bombshell report obscured by Reuters shows how middle class can be wiped out.
Treasury officials model the collapse of people’s savings into a digital currency.
Exchange rate remains a tyrannical surprise to be revealed on evening news.
Fakt Cheka are right for once: The Great Reset is not a plan, but a scenario.
Totalitarian vision is, like that of Marx, without a clear destination or path.
Central bank ‘modules’ are the key, unlocking the secret agenda.
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Jan 31, 2022
While people focus on the trucker’s convoy to Ottawa and the cowardly tousled lion the narrative is shifting from Covid to Things To Come. Perhaps the former drama teacher will return to his thespian employment.
The Great Reset is like the song “Don't Worry, Be Happy” with Autotune in a minor key: Own Nothing, Be Happy.
TGR is disconcerting but strangely simple. You may indeed own nothing. The World Economic Forum was not joking, ironic, random or snarky when it made that expensively produced video of a stoned youth grinning at his poverty.
It was delivering a message on behalf of someone else. Like waking up to find a horse's head in your bedsheets. There is method in the acting of Herr Doktor Klaus.
A recent meeting of government finance officials rehearsed scenarios in which the savings of all people in Western countries would be converted forcibly into a new non-state currency.
At what exchange rate we don't know, but it's happened before that revaluations have cost citizens 90% of their wealth.
Why would they do that? Governments have made promises they can't meet on pensions, social security and Medicare. They can't pay, won't pay. It's your money or your life. Go away and die or, if you insist on hanging around, hand over your assets.
How would they get away with it? Force majeure, Act of God, terrorism or some natural emergency or virus.
Global shapers
There are clues that globalists are shaping the narrative. The World Economic Forum on Jan 20 said this is the year to address climate goals — “a vital gap in achieving carbon emission ambitions remains. 2022 is the pivotal year to close the gap.”
An under-reported occasion in December outlined another set of scenarios, which could see bank assets frozen, revalued and converted, at a rate to be determined, into a new multi-national currency.
After Britain dropped masks and Covid rules in Jan 2022, it became clear that narrative and agenda are not the same. The yarn is spun in order to lead the people in a direction.
We can see how Reuters disembles, the BBC conducts a dialogue with the bureaucratic functionaries, the World Economic Forum Twitters and learns from the rehearsals it runs with its partners.
Bring on chaos
On Dec 9, 2021 an exercise in Israel simulated a cyberattack leading to collapse of the banking system. “Collective Strength” closely resembled “Cyber Polygon”, run by the World Economic Forum in 2020 but focused on disruption of money.
You might think policymakers have lots of experience in bank collapses and crashing markets. After all, they have overseen such events in 1929, 1987, 2000, 2008 and 2020.
Ten countries modeled the impact of a breakdown in “interconnectivity” in the global financial system. They were not trying to stop a bank collapse but use it to shape the outcome — in particular, coordinated delinking from major currencies.
Reuters was the only news organization informed (a story tagged exclusive) and buried under the commodity news section — being the last place the general reader visits. [1]
The report was predictably bland, talking of “coordinating financial eco-systems.”
In reality, the content was a bombshell, revealed in a close reading of the phrase: “a coordinated bank holiday, debt repayment grace periods… and coordinated delinking from major currencies.”
Coordinated = all countries freeze access to bank accounts to stop citizens from withdrawing money, converting it into other assets or sending it abroad.
Bank holiday = suspending customer services and transactions
Debt repayment grace period sounds beneficent — during inflation it may reduce what you owe — until you realize the flip side: your assets are revalued.
Delinking from major currencies = you no longer hold dollars, pounds or euro. Your account is re-indexed to something else — a central bank digital currency.
“Attackers are 10 steps ahead of the defender,” said Micha Weis, financial cyber manager at Israel’s Finance Ministry. A cynic might say the central bankers are 10 steps ahead of the citizen.
After Reuters’ 400-word report — partial, and less than the whole truth, given its status as one of the world’s main financial news agencies (disclosure, this author worked for Reuters over several years) — a much more comprehensive report of the war-gamed coordinated banking collapse came in Children’s Health Defence. [2]
As Justin Haskins, editorial director of the Heartland Institute, told Glenn Beck:
“What’s going on with this war gaming is they are testing out different ways they could move the ball forward on The Great Reset using various kinds of crises and this one was cyber attacks.”
The World Economic Forum has promoted the scenario of a cyber pandemic threat that demands a multilateral project to protect financial institutions — “the exact same thing the WEF was saying about pandemics prior to Covid-19,” says Haskins, co-author with Beck of The Great Reset: Joe Biden and the Rise of Twenty-First-Century Fascism. [3]
Why you should take this war game seriously is because the attendees were not bank officers in charge of security but governments and central bankers — treasury officials from Israel, the United States, the United Kingdom, United Arab Emirates, Austria, Switzerland, Germany, Italy, the Netherlands and Thailand, as well as representatives from the International Monetary Fund, World Bank and the Bank for International Settlements, the central bankers’ central bank.
If a new international currency was rolled out, these are the people who would do it.
One money to rule them all
The former governor of the central banks of England and Canada (2008-2020) Mark Carney says the world is heading for a new monetary system. This would be unified, unlike the multiple forms of private money whose competition for supremacy leads, he says, to inefficiency and instability.
The central bank digital currency (CBDC) would replace other currencies under the “Collective Strength” scenario — despite Carney’s previous assertion that a CBDC would complement and not replace existing currency types.
This would see the end of retail or commercial banks, warns the economist Richard Werner, best known for Princes of the Yen (2003). Retail banks lend to small business, which in turn create 80 per cent of jobs. The social impact of their loss would be huge.
See Moneycircus, Jan 25, 2022 — Crisis Update - Reset In Trouble
Convenience and safety are being used to promote CBDC, but it would be a once-and-for-all shift in power to the central banks, which are privately-owned by the world’s wealthiest families and asset managers.
There is a genuine crisis — but it’s one the central banks created: printing money to inflate asset prices, to support their own insolvent banks and zombie companies who live on transfusions of debt that they use to pump up their share price.
Bailouts have led to speculation in every commodity: they disconnect price from utility, disrupt the ability to coordinate or deliver goods — a hyper-financialized world, which a billionaire oligarchy want to reshape in their image.
Judging by Carney’s language, he knows the core of the problem, “the growing weight of market-based finance,” but he dresses up the solution in words of “solidarity and sustainability.” [4]
The central banks are not neutral, they are privately owned and, in proposing to replace retail banks, they would be both poacher and gamekeeper.
They would monitor every transaction and purchase, perhaps with limits based on energy credits and carbon taxes. People would have accounts direct at the central bank, letting technocrats manage the economy by adding or debiting deposits.
Money would no longer be a way to transfer, let alone store wealth. It would be a voucher at the company store.
Crafting narratives
In Nov 2021, The Great Narrative was the actual title of a World Economic Forum meeting in Dubai, which yielded a telling quote from member Ngaire Woods:
“People don’t need to love their government but they need a government to ensure that other citizens will act in a decent way, so that they, too, can act in a decent way. They need government to be competent and fair and non-self-enriching.”
Without trust you get fear, and fearful people vote to break government.
“The good news is the elites across the world trust each other more and more, so we can come together and design and do beautiful things together. The bad news is that in every single country they were polling, the majority of people trusted their elites less. So, we can lead, but if people aren’t following, we’re not going to get to where we want to go.”
Woods is dean of the Blavatnik School of Government, founded by highly controversial Ukrainian-born oligarch Len Blavatnik, who is said to have amassed a $35 billion fortune from the energy assets of the former Soviet Union. You can read about him here: [5]
BBC group think
The senior BBC journalist Andrew Marr gave an honest if ominous, progress report on Event Covid after 15 month of pandemic. His article directly called upon the bureaucratic functionaries who were, in Aug 2021, overextended. His task was to rally and regroup them before new sallies. Moneycircus observed at the time:
Marr said “much of what we have learned from Covid-19 — about the state, authority, journalism and civil society — is directly applicable to what’s coming next”:
restricting liberties for the greater good
public sector workers gaining authority
we are all following the science
increasingly interconnected
demonstrating strengths of Western democracies
“procurement had a worse pandemic” (a nod to corruption)
That last point is repeated in Woods’ statement above about “non-self-enriching.” These globalists know that corruption is the Achilles’ heel of their project. During Event Covid, billionaires have added nearly $2 trillion to their wealth. Much of that resulted from bailouts and money creation by the Federal Reserve central bank. [6]
If Event Covid is drawing to a close, to be replaced by a new narrative, Marr’s half-time report would have reassured his masters:
"Yes, there were outbreaks of conspiracy theories spread by new media. But overall, the calm and factual bulletins from leading government scientists and vaccine-makers reached huge and attentive audiences. This shaped how Germans, Americans, the French and British — and many more — responded, and allowed societies to change direction faster than anyone would have predicted."
See Moneycircus, Aug 2021 — BBC Flirts With 'Deeper Authority'
Political repression
British MPs were a pathetic sight in mid-Jan 2022, grunting like performing seals when PM Boris Johnson relaxed the conditions of Lockdown. Most of these MPs had failed to defend civil rights, and hardly bothered to attend Parliament for two years.
To watch them take credit was nauseating, especially when all the relaxation did was transfer the prisoner to a larger exercise yard. All the enabling acts, the surveillance and curtailments, the empowerment of official brutality, remain in place.
In the UK the legislation of repression is still passing through parliament with some resistance in the upper chamber but the lower house is mostly supine and complicit:
Covert Human Intelligence (Criminal Conduct) Act, 2021
Online Safety Bill — enacted in Australia, 2021; underway in Ireland, Canada
Police, Crime, Sentencing and Courts Bill — “kill the Bill” has attracted the exclusive attention of the left
Nationality and Borders Bill — more powers to strip people of citizenship [7]
Counter State Threats Bill [8]
Fusion doctrine has been implemented in governments around the world, narrowing health, social services, police, military, censorship and surveillance into an interdependent service — in which police and hospitals share mental health records and you could be detained by either.
Interdependent is a keyword of the Rockefeller Brothers foundation and it reflects the network of bureaucrats and financiers that is indivisible, impenetrable, unaccountable and — as we have seen in the pandemic bailouts and contracts — corrupt.
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