World Bank

X22 Spotlight: James Corbett Discusses Oligarchy, Censorship and Collapse [Video]

~ admin ~ Leave a comment

Today James appears on the X22 Report to discuss the latest moves by the oligarchy to raise the New World Order from the ashes of the current world order. We also talk about the new “virtual false flag” paradigm of cyber attacks and cyber warfare, online censorship, martial law and much more.

[youtube=http://youtu.be/8p5ynx2j6ZQ]

SF Source The Corbett Report

 How will the United States respond to AIIB’s expanding membership?

bankJonathan D. Pollack – Groucho Marx once remarked that he would not want to join any club that would have him as a member. But Marxist principles of either the comedic or the doctrinal variety don’t apply to the Asian Infrastructure Investment Bank (AIIB), China’s major foray into creating a multilateral lending institution that Beijing contends will complement the World Bank and the Asian Development Bank (ADB). On March 12, the United Kingdom announced that it would apply for founding membership in the bank, the first major power outside the Asia-Pacific region to do so. Two days later, Saudi Arabia joined the list of founding states, bringing the membership total to 26. Continue reading →

Ben Fulford (Apr 20 2015) – US Corporate Government Goes Bankrupt On April 17th, Refuses To Acknowledge [Full Post]

~ admin ~ Leave a comment

Notice to readers:  This is the last post I will be publishing from Ben Fulford. There are a number of other sites that post this material. Please either sign up for Ben’s weekly newsletter or visit one of these other sites for Ben’s info in future.  Thank you. – Gillian Grannum

The UNITED STATES OF AMERICA CORPORATION based in the Washington D.C. extra-territorial enclave inside the Republic of the United States of America failed to make a payment on March 31st and was given until April 17th to come up with the goods but was unable to, according to Chinese government and CIA sources. For that reason the US corporate government has gone bankrupt, the sources say. However, the folk in Washington do not plan to go quietly and are still fighting to survive.

worldThis can be confirmed in the corporate propaganda and government news wires around the world in reports about the Washington IMF/World Bank meetings that ran from April 16-18. The news reports to the general public do not mention the word bankruptcy but rather say things like 19 out of the 20 so-called G20 countries are angry that the US will not give up its veto over the World Bank and IMF. In other words the US government has been publicly repudiated by leaders of 19 out of the 20 top economies.

The current US situation reminds of an old joke my mother told me about a woman watching a military parade and shouting proudly “look my son is the only one marching in step.”

Underneath the surface too, there is a lot of spy movie type subterfuge going on involving high denomination bonds, identity theft, murder and secret negotiations as various players jockey for position in the emerging new financial system.

A new set of meetings between the White Dragon Society and Chinese communist government representatives last week ended with a basic agreement that China was to get a 20% voting share in the new system and that China would not be seeking world hegemony. There was a lot of other stuff discussed that cannot yet be made public for security reasons but involve a plan to seriously help the vast majority of humanity. Continue reading →

Joseph Farrell ~ News And Views From The Nefarium – Apr 2 2015 [Video]

~ admin ~ Leave a comment

The USA’s bankEuropean Allies have bucked Washington’s pressure to become founding members of China’s Asian development bank. The question is, why?

[youtube=https://youtu.be/2agOaQ7HTUk]

Real Reason for the Asian Investment Bank – and Western Participation

The Daily Bell – Defying U.S., European allies say they’ll join China-led bank … Germany, France and Italy said on Tuesday they would join a new China-led Asian investment bank after close ally Britain defied U.S. pressure to become a founder member of a venture seen in Washington as a rival to the World Bank. – Reuters Continue reading →

Ben Fulford (Mar 23 2015) ~ Khazarian Satanists Shake Fists In Fury As Financial System Control Slips Away [Full Post]

~ admin ~ Leave a comment

There has been an undeniable pole shift in the international financial system that has left the old Khazarian Satanist cabal out of the loop. This change was formalized, as predicted, on March 20th, to coincide with the solar eclipse, super-moon new moon and Spring Equinox that took place then. After the UK split with the US to join China’s proposed Asian Infrastructure Investment Bank, Germany, France, Italy, Switzerland, Japan, Australia and others followed. Then, according to Pentagon sources, the corporate US corporate government in Washington D.C. failed to make a gold delivery and effectively went bankrupt. As a result, the US Republic announced they would work with the AIIB. In effect this means that the BIS, the World Bank and the IMF have all undergone a fundamental change of management.

“If I had to choose only two words that unite China and the world at this moment, it would be ‘structural reforms,’” was how IMF head Christine Lagarde described the situation. Speaking in Beijing on March 22nd Lagarde said the IMF and China would work together to promote “good governance…anti-corruption” and “preserving the environment.” She concluded her remarks by saying “the IMF is proud to be a partner in China’s economic endeavors here at home [in China] and on the global stage.” In other words, she was admitting, in public, that this once Washington controlled institution was under new management.

http://www.imf.org/external/np/speeches/2015/032215.htm?hootPostID=04d30f7ad5bf2b0254f8ecec4e15ce6a

Continue reading →

So What Does The World Bank Do Exactly?

~ admin ~ Leave a comment

“The period of McNamara’s stewardship, from 1968-1980 was instrumental in shaping the institution that we know (or should know) today: a tool of the Washington power players that is used as a way of transferring the productive wealth of the third world back to the first world. The larger capital that was raised during his tenure was used to expand the bank’s lending activities, and those expanded loans kicked off the era of the third world debt crisis, including a period from 1976 to 1980 where developing world debt rose on average 20% per year.” – J Corbett

WorldBankSucksAs many have heard by now, the leaders of the so-called BRICS nations – Brazil, Russia, India, China, and South Africa – used the occasion of the 6th BRICS Summit in Brasilia, Brazil to announce the creation of the long-awaited BRICS Development Bank. Formally the “New Development Bank”, it will be based in Shanghai and capitalized with an initial $10 billion in cash ($2 billion from each of the five founding members) and $40 billion in guarantees, to be built up to a total of $100 billion.

Immediately, the press began touting the new bank as a potential rival to the current IMF / World Bank system of infrastructure development and poverty reduction in the third world. “BRICS Development Bank Could Challenge World Bank and IMF” touts US News & World Report. “BRICS Ink $50 Billion Lender in World Bank, IMF Challenge” asserts Bloomberg. The World Bank, for its part, is downplaying the rivalry, with World Bank President Jim Young Kim openly welcoming the bank at a recent meeting with Indian Prime Minister Narendra Modi. “The only competition we have is with poverty”, he told reporters at the meeting.

But all of this talk about a potential rival to the IMF and World Bank have exposed the general public’s ignorance about what exactly these institutions are and what they do.

While most are familiar with the IMF and its predatory lending practices (and those who aren’t are encouraged to acquaint themselves with the “IMF riot” strategy that was developed in the third world and is now being imported to Europe), the World Bank is less scrutinized and less understood. What is it, what does it do, and why is it important for the BRICS to challenge its hegemony in the development and poverty reduction arenas? Continue reading →