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Shared Interests

The Foundation for a New Global Financial System

https://badlands.substack.com/p/shared-interests?utm_source=post-email-title&publication_id=1135129&post_id=100290349&isFreemail=true&utm_medium=email

Excerpt:

Have you ever heard of the term, ‘Shared Interests?’

Trump used that term in describing Putin and Russia at their press conference in Helsinki, Finland, where Putin handed Trump a soccer ball and said the ball was now in Trump’s court.

…..Instead of Trump calling Putin an adversary or enemy, he called him a competitor .....

So why did Trump call Putin a competitor?

…..“I hope we’ll get along well, I think we get along well,” US President Donald Trump told a news conference on Thursday on the sidelines of NATO summit in Brussels.“But, ultimately, he’s a competitor, he’s representing Russia and I’m representing the United States.”…..

Leaders have a responsibility to represent the people of their nation and also to promote what is best for them.

That’s how it’s supposed to be.

Cooperation in the pursuit of Shared Interests

That is the key:

Pursuit of Shared Interests.

.....the countries that have formed BRICS, along with Trump and those wishing to join, are actually pursuing a Shared Interest; they are cooperating in an actual plan of action to remove and replace this global debt system.

What is the plan and why was it necessary?

The puppet masters who have controlled the global financial system have used it to make themselves wealthy and more powerful, but they’ve also used it for two other important reasons that led directly to the forming of the BRICS coalition.

First, they use the institutions of the global financial system to keep many developing countries trapped in perpetual poverty, especially those rich in natural resources. They then bribe and corrupt their governments so they can steal their resources for much less than they are worth.

Secondly, they use sanctions to deny or limit access to financial institutions in order to punish countries that haven’t played by their rules.
Sanctions are used like a weapon, to limit trade, access to credit and ultimately damage a country’s economy to force compliance.

The reason BRICS formed in the first place was so they could escape this cabal-controlled system and avoid sanctions.

…..Having the entire global financial system centered around one currency not only gives that country a complete advantage, but also makes it easier to control every aspect of the world’s financial system.

The dollar has been one of the cabal’s greatest weapons for several generations. It gives them commanding control over other countries and their economies, allowing them to decide the winners and losers.

This is what the BRICS are fighting for: The de-dollarization of the global financial system and freedom.

How dominant is the dollar’s global reserve currency status?

1. It gets the highest weight in the SDR (Special Drawing Rights) basket of currencies. (Most influential)
a) SDR-An international type of monetary reserve currency created by the International Monetary Fund (IMF) in 1969 that operates as a supplement to the existing money reserves of member countries

2. It’s the dominant currency used for international trade.

3. It’s the leading currency used in the global financial infrastructure.

a) financial infrastructure enables money to move throughout an economy, functioning as a platform for transactions, whether these are payments, financing, or the transfer of bonds and stocks.

4. It sets the price for major global commodities, especially oil and gold.

5. It is the main currency used for development financing, bank deposits and corporate borrowing around the globe. (Bonds)

6. It is the primary currency used for investing in global equity markets.

7. Finally, it is also the primary safe-haven currency in times of economic and financial crisis.

Can you see why these countries with emerging economies would want to get out from under the complete control of the U.S. dollar?

They needed a new system that wasn’t controlled by a cabal of elites. One that was fair, more autonomous and that would allow their economies to grow.

“Autonomous” is another key to this whole plan.

1. Not controlled by others or by outside forces; independent.

…..Self-governing

This is why Trump called Putin a competitor, and said that “he was representing Russia and I’m representing the United States.”

They have a Shared Interest in cooperating to achieve independence from the central banks, so they can become self-governing.

…..‘Working in coordination to build a new financial system and a fairer world order.’

That was the original objective of BRICS, which began a new system to COMPETE with the global debt system. They are attempting to build a parallel global financial system with currencies and institutions that are competing with the central bank debt system and the dollar.

…..Why were sanctions the key?

Sanctions have always been used as a weapon by the cabal. It was no surprise when they sanctioned Russia for their invasion of Ukraine. Putin, Trump and the BRICS nations were all expecting it. They have been preparing for this moment for a long time.

How are sanctions used to control governments?

They cut Russia off from the international financial system—systems like SWIFT, along with Visa/Mastercard transactions in order to hurt their economy and energy exports.

What has Putin done to counter this predictable cabal move?

1. Russia created their own system to compete with SWIFT.

SWIFT, which stands for ‘Society for Worldwide Interbank Financial Telecommunication,’ is not a financial institution but rather a global messaging system relaying instructions from one bank to another……

In 2014, the Central Bank of Russia created its own messaging system— System for Transfer of Financial Messages (SPFS)— to replace SWIFT. As of 2020, SPFS traffic stands at 13 million messages, while more than 400 financial institutions are a part of Russian SPFS. To attract new members, the central bank has slashed the system’s tariffs to about half of SWIFT’s charges…..

2. Russia created their own National Payment Card System.

In 2014, after Crimea voted to join Russia in a referendum, the National Payment Card System (NPCS), the operator of ‘MIR’ cards, was created. The word “mir” means “world” or “peace” in English. It was created in case of a disconnection of cards from international payment systems. Even then, budget organizations began to gradually abandon payments to Visa and Mastercard cards……

Russia is using their (SPFS) messaging system and their (MIR) National Payment Card system to connect directly with the other BRICS nations and trading partners to bypass the cabal’s sanctions.

Has it worked?

…..Remarkably, the Russian economy is expected to grow faster this year than the economies of alliance partners Germany and the U.K.

That recent forecast, by the International Monetary Fund (IMF), also predicts that Russian economic growth will outpace that of all G-7 economies next year. The IMF forecasts GDP growth in 2024 of 2.1 per cent for Russia, 1.5 per cent for Canada, and 1.0 per cent for the U.S.

.....How has President Xi prepared for this moment?

1. Xi launched the Belt and Road Initiative.

Our right-side media have constantly painted this as a bad thing, saying China is taking advantage of countries by putting them in debt, so they can steal their assets and commodities.

Isn’t that what the central banks have been doing to these developing countries for many generations? Putting them in debt, then taking their resources for less than they are worth?

…..The World Bank used to do that, but doesn’t do much infrastructure investing anymore. Belt and Road is going to help increase trade for these developing countries to help them in the future……

There’s a direct correlation between lack of trade and poverty among nations. This is a global war against a cabal of bankers and elites who have been the ones creating the poverty around the world. Trump, along with Xi and the rest of the coalition are fighting for humanity and financial freedom.

NDB (New Development Bank)

The BRICS launched the NDB specifically for funding infrastructure projects in emerging and developing countries. The most important thing about this bank is that it promotes loans in local currencies to avoid the dollar control over all financing, in order to allow countries to have more autonomy.

…..What is CIPS?

Backed by the People’s Bank of China (PBOC), China launched the CIPS clearing and settlement services system in 2015 to internationalise yuan use. It allows global banks to clear cross-border yuan transactions directly onshore, instead of through clearing banks in offshore yuan hubs.

Who uses CIPS?

CIPS processed around 80 trillion yuan ($12.68 Trillion) in 2021, a 75% increase from a year ago, according to state-backed newspaper Jiefang Daily. As of end-January, CIPS said about 1,280 financial institutions in 103 countries and regions have connected to the system.

They include 30 banks in Japan, 23 banks in Russia and 31 banks from African nations receiving yuan funds via infrastructure projects under Beijing’s Belt and Road Initiative, according to a survey by Nikkei newspaper in 2019.

3. China created a direct payment system with Russia, which allows them to trade and completely bypass the Petro-dollar.

…..China launched this direct payment system back in 2017, right before Trump made his visit to China and had dinner with Xi in the Forbidden City. A direct payment system between the second largest oil exporter and the largest oil importer, which avoided the Petro-dollar and any foreign exchange risk……

How do you directly challenge the Petro-dollar system used to control the world?

The price of oil is set by futures contracts using two benchmarks that the cabal controls.

1. Brent(UK) Brent Crude Oil; mostly used for diesel.

2. WTI(US) West Texas Intermediate; mostly used for petrol.

How do you compete with this corrupt system based on fiat dollars backed by nothing?

Offer gold for oil instead of dollars.

China is offering to buy oil for gold by allowing them to exchange the Yuan for gold. A new gold standard for the purchase of oil.

We’re going back to a gold-backed currency and Xi has started the ball rolling.

• …..Saudi Arabia, the world’s largest crude oil exporter, is open to discussing oil trade settlements in currencies other than the U.S. dollar.

• Saudi Minister of Finance Al-Jadaan: “I don’t think we are waving away or ruling out any discussion that will help improve the trade around the world.”

• During a visit to Saudi Arabia last month, Xi Jinping pledged to ramp up efforts to promote the use of the yuan in energy deals.

The Saudi finance minister announced this in an interview at Davos with no fear of the Soros/Klaus Schwab crowd.

…..the whole basis for the Petro-dollar being the reserve currency and dominating the global debt system was because the U.S. made a deal with Saudi Arabia, guaranteeing the U.S. military would protect them, as long as they only accepted dollars for the price of their oil.

That deal is no longer valuable.

Saudi Arabia is the world’s largest oil producer and the only one that’s propping up the dollar. The days of the dollar’s reserve currency status are numbered. A global dollar dump is coming and it will crash the market. I believe this is the precipice and scare event that has been timed and planned to happen while Biden is president.

A global reset is coming along with a new global basket of currencies that are backed by hard assets and commodities such as gold.

I believe that Trump, Putin and Xi, along with Crown Prince Salman and the BRICS nations are the ones in control, finally putting an end to the world’s financial enslavement. They are bankrupting the central banks global debt system and building its replacement.

The entire banking system is about to change.

The best is yet to come.