JIM WILLIE: THE COMING GLOBAL RESET (TRUNEWS RADIO JULY 29, 2015 – VIDEO)

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Rick devotes the full one-hour to delivering a blockbuster interview with financial analyst Jim Willie, publisher of the Hat Trick Letter. Jim discusses the rapid drying of the Treasury bond liquidity market, the introduction of a new U.S. currency very soon, the BRICS challenge to the London-New York financial power base, criminal activity in financial markets, the global re-set of the financial system, a gold-backed global reserve currency, and many other hot-button topics.

BRICS Bank, AIIB Pledge Partnership, Loans To Be Issued In Yuan

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BRICS Bank, AIIB Pledge Partnership, Loans To Be Issued In Yuan (ZeroHedge, July 25, 2015):

Over the first half of the year, we’ve built on several narratives that we believe are critical when it comes to understanding how the intersection of geopolitics and economics is set to shape the world going forward.

One of these narratives revolves around the extent to which three China-led ventures are set to supplant traditionally dominant supranational lenders on the way to embedding the yuan in international trade and investment. 

Read moreBRICS Bank, AIIB Pledge Partnership, Loans To Be Issued In Yuan

China ratifies the creation of BRICS bank

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China ratifies the creation of BRICS bank (RT, July 1, 2015):

The Chinese Parliament has ratified the creation of the BRICS Development Bank. The New Development Bank was conceived as an alternative to Western financial institutions such as the World Bank.

The new bank will provide money for infrastructure and development projects in BRICS countries, that is Brazil, Russia, India, China and South Africa. Each nation will have an equal say in the bank’s management, regardless of GDP size.

Each BRICS member is expected to contribute an equal share in establishing a startup capital of $50 billion, with a goal of reaching $100 billion in capitalization. The BRICS bank will be headquartered in Shanghai, with India presiding as president during the first year, and Russia serving as the chairman of the representatives.

Read moreChina ratifies the creation of BRICS bank

De-Dollarization Du Jour: Russia’s Largest Bank Issues Yuan-Denominated Guarantees

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De-Dollarization Du Jour: Russia’s Largest Bank Issues Yuan-Denominated Guarantees (ZeroHedge, June 7, 2015):

The unipolar, dollar-dominated post-war world is shifting under Washington’s feet.

Leading the push towards multipolarity and de-dollarization are a resurgent Russia and China, the rising superpower. The demise of the Bretton Woods world order is perhaps nowhere more apparent than in the launch of the BRICS bank and the establishment of the AIIB. These new structures represent a move away from US-dominated multilateral institutions and their very existence suggests that a failure to adapt to economic realities and an inability or unwillingness to meet the needs of the modern world may soon drive institutions like the IMF into irrelevancy. 

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De-Dollarization Du Jour: Russia Backs BRICS Alternative To SWIFT

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De-Dollarization Du Jour: Russia Backs BRICS Alternative To SWIFT (ZeroHedge, May 29, 2015):

Back in February, Russia detailed a SWIFT alternative that would link 91 domestic banks to the Central Bank of Russia.

On the one hand, the plan represented yet another move towards global de-dollarization but on the other, was borne out of necessity when Russia began to believe it may be expelled from SWIFT as punishment for its support of rebels in Ukraine. Prime Minister Dmitry Medvedev warned of “unlimited consequences” if the West decided on a punitive SWIFT freeze.

Two months later, Moscow would receive a seat on the SWIFT board.

Now, Russia is taking de-dollarization a step further by suggesting that a BRICS alternative to SWIFT may be in the cards. RT has more:

Read moreDe-Dollarization Du Jour: Russia Backs BRICS Alternative To SWIFT

One Last Look At The Real Economy Before It Implodes – Part 5 – “The Great Lie Today Is That China And Russia Are Anti-New World Order”

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One Last Look At The Real Economy Before It Implodes – Part 1

One Last Look At The Real Economy Before It Implodes – Part 2

One Last Look At The Real Economy Before It Implodes – Part 3

One Last Look At The Real Economy Before It Implodes (… With The Purpose Of Permanently Enslaving Us All) – Part 4


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One Last Look At The Real Economy Before It Implodes – Part 5 (Alt-Market, April 16, 2015):

Since I began writing analysis for the liberty movement more than eight years ago, I have always said that we will know when the endgame of the globalists is upon us when the criminals come out into the light of day and admit to their crimes. At that moment, it will be because they no longer fear either the repercussions or their plans being obstructed.

As I plan to show in this installment of my series on the hidden fiscal collapse of America, the endgame has indeed arrived. At the very least, the international elites seem to think success is within their grasp, for they now openly expose their own criminality. But they do so in a way that attempts to divert blame or to rationalize their actions as being for the “greater good.”

Read moreOne Last Look At The Real Economy Before It Implodes – Part 5 – “The Great Lie Today Is That China And Russia Are Anti-New World Order”

China Becomes Global Lender Of Last Resort With Bailout Of World’s Most Indebted Oil Company

China Becomes Global Lender Of Last Resort With Bailout Of World’s Most Indebted Oil Company (ZeroHedge, April 2, 2015):

Over the course of last month we variously described the Asian Infrastructure Investment Bank as an attempt by Beijing to deal a decisive blow to the post-World War II global economic order by undermining US-dominated multinational institutions, as an attempt to usher in a new era characterized by yuan hegemony, and as an effort to cement China’s regional influence via the implicit establishment of a sino-Monroe Doctrine.

With that in mind, we find it somewhat ironic that the China Development Bank (which isn’t the same as the AIIB but which we think might offer some clues as the how the new venture will be run under Beijing’s control), is set to provide $3.5 billion in financing to Brazil’s deeply indebted Petrobras. The new funding comes 6 years after a $10 billion oil export deal between the company and China and just days after Brazil signed up as a founding member of the AIIB. 

Read moreChina Becomes Global Lender Of Last Resort With Bailout Of World’s Most Indebted Oil Company

US Hegemony, Dollar Dominance Are Officially Dead As China Scores Overwhelming Victory In Bank Battle

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US Hegemony, Dollar Dominance Are Officially Dead As China Scores Overwhelming Victory In Bank Battle (ZeroHedge, March 25, 2015):

It’s official: everyone has caught onto the fact that the Asian Infrastructure Investment Bank story is extremely important. We’ve covered this exhaustively over the past month, but to summarize, the China-led development bank essentially marks an epochal shift away from traditionally US-dominated multinational institutions like the IMF and the ADB. Meanwhile, it also represents an implicit attempt by the Chinese to usher in a kind of sino-Monroe Doctrine and solidify their regional — and, to a certain extent their international — ambitions. In a desperate attempt to undermine the effort and preserve what’s left of US hegemony, Washington aggressively lobbied its allies last year to refrain from supporting the effort. Then the UK decided to join calling the bank an “unrivaled opportunity.” That effectively opened the floodgates and in short order, a bevy of Western nations and close US allies suddenly reversed course and indicated they were likely to support the new institution.

Here’s more:

Read moreUS Hegemony, Dollar Dominance Are Officially Dead As China Scores Overwhelming Victory In Bank Battle

It’s Happening – More US Allies Join The Anti-Dollar Alliance

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It’s Happening – More US Allies Join The Anti-Dollar Alliance (Sovereign Man, March 18, 2015):

The United States government just went from “Please, baby, don’t leave me,” to frustrated threats and whining.

After the UK announced it will join new China-led Asian Infrastructure Investment Bank (AIIB) as a founding member late last week, Germany, France and Italy decided yesterday to follow Britain’s lead and join as well.

Welcome to the beginning of the end of the US dollar’s domination. It’s happening.

For the past few decades America was the undisputed global economic and political superpower.

The entire world happily used the US dollar, and hence, the US banking system. More importantly, the world happily placed its trust in the US government.

But there’s a limit to how irresponsible, reckless, and threatening you can be. Eventually such behavior catches up to you.

That time has now come.

Read moreIt’s Happening – More US Allies Join The Anti-Dollar Alliance