Russia has disengaged from the USD system, converting their foreign USD reserves for rubles. The USD Global Reserve System has created a gross misalignment of global monetary structures. Over a year ago Canada oil officials began discussing ‘ Sustainable Cost Reduction Strategies, ‘ as they began to notice signs of global depreciation. The oil industry has laid off tens of thousands of workers, with thousands to come.
China, Russia or any other group of countries are not interested in replacing the USD. There are many moving pieces to the USD transition to a multilateral SDR framework. No one currency or country has the ability to deal with the challenges of correcting the imbalances which have developed from the USD system.
In ‘ real time, ‘ we are watching the Global Currency ReSet. The Ice Man says, the cracks in the currency ice are beginning to widen. Iraq may soon be announced as the ‘ Oil King of the World. ‘ Bloomberg is warning Americans to put their money into Credit Unions. Swiss National Bank shocked the world today, as it begins to distance itself from the Euro.
China is Saudi Arabia’s biggest trading partner. For a while the USD may stay afloat, as the rest of the world goes down the NWo toilet. With no new QE or credit injection program, global markets will soon adjust to the global deflation that is taking place. Recent decreases in oil prices is being promoted as an over supply of oil.
Mtn Goat says the 2015 Iraqi Budget is all but a done deal, which proves the HCL is a done deal. Frank26 says we could be very close to a Re Instatement. Thurs the 8th is another RV opportunity for us. BRICS countries will be crushed by falling oil prices. US Banks are holding $100Billion from former Iraq regimes.
China is positioning themselves to be the replacement of the IMF. Shabibi is back, working hard with the Board of Governors and our RV announcement should be forthcoming. The GCR reform is gaining momentum, it’s all downhill at this point. Our RV could come in the Back Door, within the next few days.
Dragon Family Elders have an agreement with Neil Keenan to help deliver Global Collateral Account humanitarian support, to the people of the world. From a Dragon Family bunker, Neil Keenan was given several Bunker Boxes, filled with gold bars, jewels, artifacts, currencies from all over the world and significant documents that prove who is/was behind many Crimes Against Humanity.