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SORCHA: "President Trump Said Ready As “Great Upheaval” Begins With Top American Bank Nearing Collapse"

Posted By: MrFusion
Date: Sunday, 22-Sep-2019 13:56:16
www.rumormill.news/131946

Source:
http://www.whatdoesitmean.com/index2991.htm

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

September 22, 2019

President Trump Said Ready As “Great Upheaval” Begins With Top American Bank Nearing Collapse

By: Sorcha Faal, and as reported to her Western Subscribers

A truly heart-pounding new Ministry of Finance (MoF) report circulating in the Kremlin today confirming global banking giant Goldman Sachs warning that world stock markets “are about to get wild in October”, states the more accurate word they should have used to describe what is coming would be catastrophic—and is due to one of America’s largest banks so near to collapsing, the Federal Reserve is rushing to keep it afloat with a staggering $1.5 trillion emergency bailout—an emergency bailout, however, the Federal Reserve is spreading out with $75 billion daily payments until 10 October so as not to alarm and place into panic their nation’s citizens—but is now “sowing chaos deep inside the plumbing of the entire US financial system”—most particularly because this bank nearing collapse has yet to be officially named, thus causing it to be said “the Fed better figure out who they are... before some financial reporter does, prints their name for the whole world to see and starts what may soon be the biggest bank run since the financial crisis”—and whose collapse would join it with the 566 other US banks that have failed over the past 24 months—all of which French President Emmanuel Macron, on 27 August, told the world to expect with his warning that the “Great Upheaval” has begun, and his stating that “the international order is being shaken in an unprecedented manner by the great upheaval that is undoubtedly taking place for the first time in our history, in almost every field and with a profoundly historic magnitude”—a warning Macron specifically aimed at the United States by telling them that their age of ruling world has come to an end like those of the French and British Empires who came before them—a fact known by President Donald Trump, who has more than readied himself for this most critical event that will define the rest of the 21st Century—best exampled by his stating in a barely noticed interview he gave in March-2015, months before he decided to run for president, “we used to have a very, very solid country because it was based on a gold standard”—and to make happen would see him having to invoke the unlimited powers granted to him under the International Emergency Economic Powers Act (IEEPA)—which nearly a month ago, Trump proclaimed he had an “absolute right” to invoke any time he so chooses. [Note: Some words and/or phrases appearing in quotes in this report are English language approximations of Russian words/phrases having no exact counterpart.]

According to this report, with the 1991 dissolution of the Soviet Union, the raison d'ętre (reason or justification for existence) for the United States to maintain a global war posture ended—which cost the US over $8 trillion, as well as over 100,000 lives lost of their military forces who fought in the Korean and Vietnam Wars—whose most lasting catastrophic effect of was the “Nixon Shock” of 1971—and was when the Americans went broke and could not longer pay their debts—thus causing President Richard Nixon to abolish the then existing Bretton Woods System of international gold standard financial exchange in place since the ending of World War II and substitute in its place what is known as Federal Reserve Notes (paper currency called US dollars)—which is called fiat money—is a currency without intrinsic value—is created out of thin air by printing presses—and were forced on the world because American military power mandated that all oil in the world be bought with Federal Reserve Notes—that’s more commonly known as the Petrodollar System.

Coinciding with the dissolution of the Soviet Union, this report continues, was the American administration of President Bill Clinton—who, along with Federal Reserve Chairman Alan Greenspan, knew that the Petrodollar System was unsustainable unless the United States wanted to actually go to war with the entire world—and in knowing this fact, saw Greenspan guiding US monetary policy on a path that followed the signals a gold standard would have created—most particularly because Greenspan said that the change in the price of gold historically parallels the change in the general price level for goods and services; in other words, it has an inherent stability when looked at across decades or even centuries—and whose results of saw Clinton and Greenspan presiding over a “Great Moderation” business cycle which was one of the most equitably prosperous in modern American history—and was an era that saw the creation of over 20 million jobs spurred by robust growth that converted their federal deficits into a surplus—and if only virtually rather than institutionally, created a golden age.

Though both President Clinton and Federal Reserve Chairman Greenspan rightly deserve credit for following gold standard signals to prosper the American people and their nation as they guided it away from the Petrodollar System, this report notes, factual history shows that they continued building on the foundation President Ronald Reagan had begun creating—as Reagan had for decades called for the US to return to the gold standard—but was a foundation smashed into oblivion when both President George W. Bush and President Barack Obama began their Petrodollar Wars—which have not only cost the lives of millions, they’ve destroyed the US economy Reagan and Clinton spent two decades building.

https://youtu.be/M-T6sv6slWM

The central global financial apparatus that controls the Petrodollar System, this report explains, is known as the Society for Worldwide Interbank Financial Telecommunication (SWIFT)—which links more than 11,000 financial institutions in more than 200 countries and territories—but that the United States weaponized to use against anyone opposing it—and in response to, saw the China International Payments System (CIPS) being created by the Chinese to protect themselves and their allies—and Russia creating its System for Transfer of Financial Messages (SPFS) for the same reason, and that all the banks in Iran have now connected to—and is why both Russia and China are continuing to furiously buy up all the gold they can.

Unlike the American weaponized SWIFT global payment system that relies on worthless pieces of paper called Federal Reserve Notes to sustain its Petrodollar System, this report details, Russia’s SPFS and China’s CIPS global payment systems rely on gold—and is why both of them have been ditching US Dollar-Federal Reserve Notes as fast as possible—which, in turn, now sees virtually no one in the world wanting to have US Dollars—thus leaving the Americans with no other choice than to buy their own debt—but that their own banks can’t afford, and is why they’re collapsing.

Not being told to the American people as this “Great Upheaval” accelerates, this report further notes, is that the collapse of the Petrodollar System and its Federal Reserve Note-US Dollars in no way means the collapse of either their economy or nation—a fact known to President Trump who famously stated before he was even elected: “Bringing back the gold standard would be very hard to do, but boy, would it be wonderful. We’d have a standard on which to base our money”—but whose actual hardness to do isn’t as complicated as it seems—as evidenced by President Franklin Roosevelt, in 1933, invoking the Trading With The Enemy Act Of 1917 when signing his Executive Order 6102 to strip from all the American people all of the gold they owned—an act, though, replaced, in 1977, by the International Emergency Economic Powers Act (IEEPA) which Trump is able to now wield whenever he chooses to do so—and in wielding, now sees him being fully supported in returning his nation to the gold standard by one of his top economic advisors named Judy Shelton whom Trump just nominated to sit on the Federal Reserve Board—most specifically because she’s called for a new Bretton Woods conference to establish a new economic world order and truthfully declared “we make America great again by making America’s money great again”—but in returning America to the gold standard, limits US government spending to only what it can raise in taxes or borrow against its gold reserve, and prevents it from simply printing money to pay its debts—which even a school child can see Trump’s socialist enemies will do everything in their power to prevent—but all of whom will be powerless when Trump invokes the fearsome emergency powers he has at the stroke of his pen—with all that’s needed now being the global economic crash rushing right towards everyone to see what happens next.

Now you know why JPMorgan Chase is the largest bank in the United States and the sixth largest bank in the world and didn’t need to be bailed out during the 2007 financial crash.

September 22, 2019 © EU and US all rights reserved. Permission to use this report in its entirety is granted under the condition it is linked to its original source at WhatDoesItMean.Com.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~





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