Fri. 16 Aug. 2024 Countdown to the US explosion begins after Biden’s failed trip to the Middle East, Ben Fulford
- Let’s now look at the real meaning of Biden’s visit to the Middle East. His inability to get permanent free oil in exchange for money printed out of nothing will have consequences far beyond the United States. This will mean the end of the BIS, the UN, the EU and perhaps even the papacy.
- To understand why this is the case, we need to look through some background material. First, the BIS, or central bank of central banks, was founded in 1930 using Asian gold. This gold was lent to the Germans to help them fulfill their obligations under the Treaty of Versailles, signed at the end of the First World War. In return, the Asians were promised that the United Nations would be created as a world parliament with ancient royal families. East and West (family of dragons), acting as background overseers.
- However, at the end of the Second World War, the victorious Allies broke their promise to spend the gold they were given on the development of the entire planet. Instead, their Marshall Plan developed only the countries they controlled (now known as the G7).
- In retaliation, the Asians cut off any further access to their gold. When the U.S. ran out of gold, we had the “Nixon shock” of 1971. It was then that the dollar was separated from gold. Instead, the countries of the world had to buy oil for dollars.
- It was a giant sugar high for the USA. The countries of the world had to have a trade surplus with the United States in order to buy oil. This has led to a strong dollar and free money for Americans. However, as a result, the US industry has lost its competitiveness, and more than 50 years of trade deficits have turned the US into the country with the largest debt in world history.
- Then, finally, in 2008, the rest of the world decided to stop lending to the US, which led to the “Lehman shock”.
SOURCE: DINARCHRONICLES
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