Bretton Woods vs. China’s Belt and Road Initiative -The New Silk Road is The New World Order 75 years ago, the Bretton Woods conference laid the foundations for much of today’s global economic order. But the system is facing a serious threat from growing nationalism and protectionism worldwide. While today the U.S. is in a trade war with China, the foundations of international trade were laid to avoid war altogether. In this video, we will give you a quick rundown of the Bretton Woods System, the system of global trade that emerged at the end of WWII.
So here is a little history lesson , we are going to talk about the Bretton Woods system . so the year is 1944 the end of World War two was in sight the Allies realizing that they were going to win ,wanted to get together and talk about creating a world where war and depression could never happen again , they met in Bretton Woods New Hampshire .There they spent a month negotiating , there were 730 people or delegates from 44 different countries all our allies , and essentially what they did was create a three-legged stool a tripod of institutions to guide the post-war world , this is how that three-legged stool works today .
The first leg is the International Monetary Fund or IMF .the IMF works with countries that are having problems with money problems with debt and paying back the money that they borrowed and the IMF gives them advice on how to change their internal policies and structures in order to fix the problems that they’ve got .the second leg is the World Bank back in 1944 when the delegates met at Bretton Woods they realized that poverty is a big motivating force when it comes to conflict and violence and they decided that if they could help countries grow and create jobs there would be a better chance of peace , so the World Bank is primarily a lending institution with a goal of ending extreme poverty and it lends money to poor countries for economic development . the third leg of the stool as it stands today is the World Trade Organization or WTO the WTO promotes global trade and free trade and it also functions as a courtroom for member countries to resolve trade disputes with one another basically the WTO upholds the rules of international trade . So the money changers that financed both sides of WWII met in July of 1944 to figure out how they could keep their scam going.
This year French Finance Minister Bruno Le Maire has publicly admitted something normally reserved for backroom discussion in the circles of Europe’s governing elite at an event honoring the 75th anniversary of Bretton Woods . Le Maire stated ever-so candidly that “the Bretton Woods order has reached its limits. Unless we are able to re-invent Bretton Woods, the New Silk Road might become the New World Order”.
Le Maire dives so deeply out of reality that he actually believes that the radical transformation desperately needed in the west does not involve collaborating with the New Silk Road, but rather to strengthen the power of Brussels, while becoming more technocratic and more green (aka: de-industrialized, de-populated). The Bretton Woods of 1944 and New Silk Road of Today Seventy five years of revisionist historians largely funded by the British Roundtable/Chatham House and its American branch (The Council on Foreign Relations) have obstructed the true anti-imperial nature of the founding intention of Bretton Woods and the post war order centered on the United Nations.
Then, much as today, two opposing factions were vying to shape the essence of the world order as the Nazi machine ,funded by Wall Street and London’s Bank of International Settlements ,was drawing to a close. I am not talking about Capitalism vs Communism. This faction fight was between New Deal nationalists led by Franklin Roosevelt vs those racist imperialists represented by Sir Winston Churchill who wished to use the crisis of the war to establish a revived British Empire strengthened by American muscle. FDR’s New Dealers were characterized by their total adherence to the belief that the plague of colonialism had to be undone and a new age of long term development of great infrastructure projects had to characterize the community of sovereign nations for the coming century.
These patriots believed in the internationalization of the New Deal, were committed to working with Russia and China as natural allies of America and profoundly distrusted the British. In the case of Bretton Woods, where representatives from 44 nations convened for two weeks to create a new post war system in July 1944, this fight amounted to a battle between FDR’s trusted economic advisor Harry Dexter White first director of the IMF and ally of FDR’s vice-president Henry Wallace and Lord John Maynard Keynes eugenicist, pedophile and defender of the British Empire.
Bretton Woods was just an extension of 1913 Federal Reserve Act much related to JFK assassination and Nixon resignation prior to impeachment as the 1971 shock was supposed to be temporary as a result of staged Yom Kippur war to the staged OPEC boycott. Bretton Woods reached its limits in the 1960s and was abandoned to all intents and purposes in 1971 ,and the US dollar came off the gold standard in 1971.
Coincidence? I think not. When King Abdulaziz bin Abdul Rahman, founder of Saudi Arabia was asked by an American reporter why raise the oil price so high by OPEC, he answered ,Why don’t you ask your president. Senior GW Bush was pretty much involved in the scam . Bretton Woods was dead with the Nixon Shock of 1971. Today It’s the petrodollar system that is dying. Bretton-Woods failed right from the start . Bretton Woods was The Woodstock of high profile banksters getting together to screw a country on their behalf. Putting a plan into place that would culminate in a nation, not of diversity, but of wealth inequality. Debasing the currency and the system for their own enrichment. Eliminating the Gold standard to accelerate their plans for control of the financial system and wealth. we have to admit, from their (the rich .01%) that put this plan together have to be admired for their zealousness and quiet scheming to achieve their goals.
Many of us see the introduction of a single “World Currency” as a major part of the economic endgame. This is something that will be forced on us as part of a “needed reset” to a global economy that has gone off track. The fact this issue is again in the news may be an indication we are getting closer to where currencies begin to fail. The new world order and globalization which has been pushed by many world leaders and the rich elite touting that “larger, more cooperative governments under one financial unit will benefit us all” plays into the world currency scenario. In contrast of Bretton Woods , The Belt and Road is a productive, win/win economics that helps everyone. The Anglo – investment bank – rent seeking crap we’ve been living with is evil. That’s why you see Huawei princess being kidnapped in Canada and smearing campaign by all 5-Eyes against Huawei a private company with fabricated facts.
That’s why you see constantly launching media smearing campaigns against China and to the extent of funding color revolution in Hong Kong, separatist movement in Taiwan Falun Gong and Tsai Ing-Wen a.k.a Vegetable English – the Chinese version ala Juan Guaido of Venezuela, Tibet , expired CIA monk Dalai Lama and terrorism in Xinjiang pretending to care about their operatives the Uighur Muslims. Just waste of resources in hoping of uprisings that lead to regime change will fail like in Venezuela, Syria, Iran . The Silk Road Summit, officially called the ‘Belt and Road’ Forum for International Cooperation took place on May 14 and 15 2017 in Beijing.
Officially announced at Davos by Xi Jinping, Chinese government bodies and state media have since then carefully let out information surrounding the summit. Two dozen world leaders attended the summit, coming from Asia, Europe, Africa and Latin America. Along with them, ministerial delegations, representatives from international organizations, former dignitaries, well-known industry figures, and influential experts were also present. Echoing in opposite the recent declarations of the Trump administration, the theme of the summit revolved around a core tenet of globalization: trade connectivity.
Very much like the Bretton Woods conference, the initial impulse of the ‘Belt and Road’ and its summit stems from an eagerness to address the economic woes of our age and challenges to globalization. In 1944 there was a collective consensus that the catastrophic mid-war period stemmed from the denial of the U.S. to provide public goods while it had already surpassed Great Britain as the leading industrial economy — a case well understood by Charles Kindleberger, the intellectual architect of the Marshal plan.
Today, the Belt and Road’s larger effect is to solidify a greater world community around a dominant core, China, and a wider periphery, Eurasia. It is the latter that has the potential to bring about new relations of power within the world economy. This is not to say we are seeing the birth of a new global system per se, but rather a shift in the current one—a shift of its center of gravity from the Atlantic Ocean to Eurasia.
Henry Kissinger has captured this in his latest book “World Order”, declaring that Eurasian economic integration turns the U.S. into a peripheral geopolitical island. Though the general rules of the game remain valid, some big players lose their advantage and others rise to the occasion, while the disruption allows many more to enter the game. In the same way, post-Bretton Woods England lost its primacy while Germany, a renewed European Community, Japan and many parts of Asia rose simultaneously.
Therefore, despite obvious differences between the Bretton Woods power dynamics and today’s uncertain present, there remains a major similarity: the naissance of both an abstract community and an institutional structure capable of upholding a global political-economic system — previously guaranteed by the United States and today placed slowly under the guardianship of the Middle Kingdom. In fact, this renewed system’s major institutions and policies have already been decided.
From the AIIB which is seen by the United States at least as a competitor to the World Bank, to the countless bilateral and multilateral agreements that have tied the economic fate of countries around the globe to China, a great part of Eurasia is now infused by the structures and stories needed to create a new Sino-centric status quo. In a multipolar world, the formation of global governance architecture is not episodic, but an ongoing systematic process, and Beijing’s Belt and Road Initiative summit was not designed to plot for a compelling Chinese victory, but instead orchestrate China’s return as a vigorous global power. With its idea of “win win-cooperation,” China Always Wins . If political leverage is merely a useful side-effect, what does China have to gain from the billions of dollars it spends on infrastructure abroad? China’s model of development is based on trade. Better infrastructure is meant to increase trade, which spurs development.
The Belt and Road Initiative aims to connect and develop China’s western regions, but it also aims to develop other markets to its own advantage. The West has reached its growth potential and is not going to buy more from China. But Africa, with its large, young and growing population, is the continent with the real growth potential. By spurring development in African countries, China wants to develop and open up a new market on the continent. Moreover, infrastructure development projects are an investment in a better relationship between the Chinese government and the government of the recipient country. By handing out the loan, there is a diplomatic gain already, because it tightens the ties with that particular country. That is a gain for China that cannot be expressed in money.
Therefore, impact on the world economy also contained.” A rebound after a short, sharp economic shock is possible under certain circumstances. “Major businesses and factories across China need to resume operation under the Chinese government’s systematic economic policies and containment measures. Most importantly, the spread of the virus needs to stop.” “The IMF chief has also warned that the coronavirus outbreak could drag down the global economy. And with uncertainties over the situation in China, G20 finance ministers and central bankers will gather in Saudi Arabia this week to discuss the possible cost of the outbreak. Kim Dami, Arirang News.”
Here are five renowned experts who warned of the now-present, slow-motion financial collapse. With currencies being rapidly devalued by their respective governments, the global economy in a slow-down, and tensions over resources heating up around the world, it’s time to start considering the endgame. If we all talk about the end game and a scenario of total collapse, I can see the governments telling everybody that your money is now worthless and the bonds you own are now worthless. You all have to take a haircut. The controlled media tells us that it is a symptom of corporate greed and an accidental occurrence. The truth is that recently released central bank cartel documents show that the entire global financial melt-down in a purposefully engineered consolidation. The following is a transcript of an interview with award-winning investigative journalist Greg Palast in which Palast blows the IMF World Bank program of slavery wide open.
AJ: Burrow into NM Rothschild, you’ll find it all there. Go through these four points. You’ve got the documents. The IMF/World Bank implosion, four points, how they bring down a country and destroy the resources of the people. The US government has run up trillions of dollars in debt, and given the recent debates over the country’s debt ceiling, we can rest assured that neither Congress or the President will act to curtail spending and balance the budget. We will continue adding trillions of dollars to the national debt clock until such time that our creditors no longer lend us money. Lindsey Williams prediction prepper total collapse coast to coast am sheep sheeple ghost town hyperinflationary environment developing major collapses in the bond and stock markets and possible sudden deflation (primarily of assets), followed by dramatic inflation, if not hyperinflation (primarily of commodities), followed by a crash of several major currencies, particularly the euro and the US dollar.
Travel Restrictions. This will begin with restrictions on foreign travel, including suspension/removal of passports Confiscation of wealth. The EU has instituted the confiscation of bank accounts, which can be expected to become an international form of governmental theft. Food Shortages Riots. These will likely happen spontaneously due to the above conditions, but if not, governments will create them to justify their desire for greater control of the masses. Martial Law. The US has already prepared for this, with the passing of the 2012 National Defense Authorization Act (NDAA)
Long-term food supplies, barterable goods, monetary goods, self defense armaments and having a well thought out preparedness plan .
What It Means to You
Before you run out to buy gold or stock up on canned goods, do two things. First, read the articles linked in the 10 points above. They will give you the facts the naysayers ignore. Or read “How the U.S. Economy Works.”
Second, understand what a real economic collapse looks like. On September 17, 2008, the U.S. economy almost collapsed. That’s when companies pulled out trillions of dollars from money market accounts. It would have created a severe cash crunch had it continued. The nation’s trucking industry would have ground to a halt. Gas stations would have gone dry. Grocery stores shelves would have gone empty. But those things didn’t happen because the Federal Reserve prevented the collapse. It guaranteed money market accounts and restored confidence.
Iceland’s economy collapsed in 2008. Its banks had defaulted on $62 billion of foreign debt. They had used the debt to finance foreign acquisitions. But Iceland’s entire gross domestic product was only $14 billion. When the banks defaulted, foreign investors fled. Within a week, the krona lost half its value. The stock market dropped 95 percent. That’s when almost every business in Iceland went bankrupt.
Although the Great Depression wasn’t a collapse, it was close. GDP fell by half. Global trade dropped almost two-thirds. Unemployment was 25 percent. What caused it? Government actions turned a recession into a depression. First, the Fed used contractionary monetary policy like raising the fed funds rate to protect the gold standard. Congress cut back on spending as soon as the New Deal got the economy back on its feet. That contractionary fiscal policy brought back the depression in 1937.
Inflation is REAL: New World Disorder – Robert Kiyosaki, Kim Kiyosaki and Gerald Celente
This is The End of America’s Financial Order & the Death of the Dollar
The Death of The Dollar — Is it The End of America’s Financial Order? The Death of The Dollar — Is it The End of America’s Financial Order? – Economic Collapse — Stock Market Crash The purchasing power of a one dollar bill has dropped from 100 cents in 1913 to less than 4 cents today. Money is a store of value. The Dollar is Not Money . Money is gold and Gold is Money .
Everyone in the upper echelon of global finance knows this. It’s the let’s-pretend-it-isn’t-there heffalump in the vault. One such heffalump-aware influencer is Mark Carney. He is the outgoing Governor of the Bank of England and oft-times chairman of various old capitalism committees at the privately-owned Bank for International Settlements in Basel, Switzerland. Carney also has a posing rôle on the G20’s Financial Stability Board and is an admirer of gold; particularly Asian gold. Speaking recently at a bankers’ conference at Jackson Hole, Wyoming (USA), Mark Carney said that it may soon be time to junk the US dollar as the global reserve currency and move to something better; something which is less obviously toxic to global financial well-being. Sometimes, apparently, it is OK to applaud a banker for offering a blinding glimpse of the obvious to close friends. A digital currency could dampen the domineering influence of the US dollar on global trade. A new international financial architecture would develop around the new digital currency. This cryptocurrency would displace the dollar’s current dominance in credit markets. And reducing the influence of the US on the global financial cycle would help to reduce the volatility of capital flows to emerging market economies. According to research conducted by the Bank of England in London, the USA now accounts for only 10% of world trade. Despite this, in 2019, over 70% of global GDP still uses the US dollar as an anchor currency (a reserve currency).
This is an absurd state of affairs in both geopolitical and geofinancial terms. Root-and-branch reform is urgently needed. It is said that new systems are ready to run. Gold will be an important factor in the coming international changes. So will asset-backed cryptocurrencies. Banksters abused the trust of the people and gambled in the stocks and derivatives, and lost trillions. Central banksters abused the trust of the people and created money out of thin air and gave to the banksters to keep them afloat. Result: all the surplus produced in the past decade has been silently absorbed by these parasites, and still there is inflation. Now even a repudiation of the loans or a debt jubilee will not benefit those who have been bankrupted already.
The true power of the Dollar reserve currency is the political clout that it gives us , which makes everything economic possible. The same political clout has enabled the U.S. to put sanctions on anyone from Russia to Iran to Venezuela. It has allowed the U.S. to dominate the SWIFT and the world banking system.
– How to identify prophesies coded in the visions of four men whom God revealed information about the latter days to.
– How to survive each day with little necessities of life like little food, no technology as there will be no electricity, and sometimes poor housing.
– How to preserve medication and food at home without chemical preservatives or a refrigerator.
– How to identify biological weapons and chemicals thrown your way, understanding how they affect your body and what to do about it and also how to avoid it and stay safe.
– How to make protective clothing to shield you against chemical weaponry using simple household items. This covers you when an attack is imminent and you do not have the necessary gear or did not have time to buy required gear.
– How to craft a plan to survive even when times become challenging. Here, Cain explains simple military science to help you survive at home. You will need to use simple equipment and substances available at home.
– How to distinguish clean water and food from ones that have been contaminated after an attack. This keeps the family safe and free of diseases that may be caused by contaminated food or water.