De-dollarization-Brick by BRIC
...and the WEF's Central Bank's waning influence
“The nature of money is going to change quite dramatically.”
—Yuval Noah Harari, WEF global leader program-student and protégé of Klaus Schwab
Note on the Harari meme above: He missed out on the wisdom teaching that clarifies that humans are Souls incarnate. In other words, Mr. Harari—
We cannot Have what We Be.
“I AM.”
Harari’s money philosophies declare that there will be “no ownership”—and yet, in observing his mentor’s background (Klaus Schwab) as a member of an elite body of central bankers on planet Earth, we clearly see that wealth is hoarded among the smallest portion of Earth’s human population. Rule by bloodline implies some sense of ownership in that the ‘chosen people’ enjoy the entitlements afforded by affiliation with a specific bloodline—or as a group within the ruling class hierarchy. It’s a Birth-Right that exists only due to one’s familial DNA.
Noah Harari continues his discussion of the new world monetary matrix stating that “the old systems of trust and ownership will have to adopt radically”
[perhaps ‘adapt?’ was his intention…and yet he pronounces the word as ‘adopt’ —perhaps it’s the accent. Either way, adopting the ‘new central banks’ proposed ‘trackable’ CBDC program or adapting to a new paradigm monetary model (as in: WEF sanctioned) for central bank management would yield the same result for The Club members: the Power structures maintained and wealth controlled by the 1%. ]
For those of us who believe in God or Source, or the human soul, we most certainly see that trusting the WEF and its acolytes will result in their ownership of the human slave population. If we accepted this form of tyrannical oppression as the new leadership-normal, then we would entrust the future of humanity with a very small group of megalomaniacs.
I might suggest to Harari that it is he who should consider adapting to the emergence of Christ-Consciousness, and rejecting his ego-centric attachments to the comic-book ideals of global domination as embodied in the 007 archvillain playbook. I get the feeling that Harari identified with the archvillains depicted in the movies or comic books from an early age, and he never grew into adulthood.
Meantime, it appears that the World Economic Forum’s New Order Central Bank “CBDC” model is not gaining the support of Earth’s “un-hacked” humans:
Ben Fulford further elaborates on the powerplay of the Octagon/WEF conspirators:
Klaus Schwab Rothschild told the audience in China “…our generation has reached a turning point confronted by truly existential problems…climate change, exploitation of nature, nuclear possible incidents or even worse, extreme poverty and viruses; they can all lead to the extinction of large parts of our global population,”
Km engineered “climate change” forest fires in Canada:
Octagon member Berset followed up by saying “The post-war order is currently experiencing its greatest crisis.” After saying “solidarity with Ukraine is essential,” he also cited climate change, pandemic, war, migration and proliferation as challenges and noted, “around 350 million people in 82 countries are in acute danger of hunger; that is 200 million more than when the pandemic and the war started.” He also noted “before the war 90% of grain [to poor countries in Africa] came from Russia and the Ukraine,”
This is a lie, by the way, because Russia found ways to keep sending its’ grain to countries in need.
So, the leaders of the “rules-based world order,” are saying they will kill us all with weather warfare (climate change), bio-weapons (pandemic), war, illegal immigration of military-aged men (migration) and engineered starvation unless we submit.” —Fulford, July 10th, 2023
Fulford also mentions Yellen trying to “butter up” the Chinese in a last ditch attempt to save her Khazarian cronies: “…US fake Treasury Secretary Janet Yellen bowed repeatedly to Chinese Vice-Premier He Lifeng.” And: “Lifeng did not bow back. This is not the same as US officials bowing to Japanese officials because the Japanese also bow, symbolizing equality and mutual respect, not subservience and humility.”
The final conclusion? “…BRICS have economically completely overtaken the Octagon group-controlled G7.”
But enough about the WEF Autobots and technocratic predators—more importantly, how do we assess where the BRICS leaders are headed today?
First let’s review this report from 2015:
July 9, 2015 11:47 AM [updated 8 years ago]
BRICS vow to coordinate actions to protect their economies
By Darya Korsunskaya, Denis Pinchuk, Katya Golubkova
* Russia hosts BRICS summit in Ufa
* Leaders launch development bank, currency pool
* Countries concerned by global market volatility
UFA, Russia, July 9 (Reuters) - The BRICS emerging nations said on Thursday they were worried about the volatility of global financial markets and oil prices and agreed to coordinate efforts to keep their economies stable.
Leaders of Brazil, Russia, India, China and South Africa finally launched the group’s largest initiatives to date -- a development bank and a currency pool -- and called at a summit for a swift deal on curbing Iran’s nuclear programme.
For Russian President Vladimir Putin, hosting the summit in the city of Ufa, the launch of the bank and the pool had been a key priority, as was the group’s ability to sound more unified than at some previous meetings.
“We are concerned about the instability of the markets, the high volatility of energy and commodity prices, and the accumulation of sovereign debt by a number of countries,” Putin said.
“These imbalances affect the growth rate and our economies. In these circumstances, the BRICS states intend to actively use their own resources and internal resources for development,” he added, without giving details.
Frantic efforts by Beijing to stem a stock market rout helped Chinese shares bounce back on Thursday after tumbling for more than a week, but the costs of the heavy-handed state intervention are likely to weigh on the market for a long time.
Chinese President Xi Jinping refrained from comments about the slump, saying only that there are “difficulties” in the global economy, but urged the BRICS to increase coordination.
“Let’s go hand-in-hand to build a great BRICS partnership,” he told the group.
The BRICS account for a fifth of the world’s economic output and 40 percent of its population.
MORE UNITY?
“For Russia, hit by Western sanctions over its role in the Ukraine crisis that have cut off access to Western funding, thwarted investment and contributed to an economic downturn, greater cooperation among the BRICS nations is key.
Its economy has also suffered because of the fall in the global price of oil, its main export, and it has been looking for new markets since relations with the West sank to their lowest point since the Cold War over the Ukraine crisis.
But the diverse group, which has been meeting regularly since 2009, has struggled to come up with unified actions, often instead focusing on criticising the West.
The group’s New Development Bank has taken more than three years to be established with tough negotiations on funding, headquarters and personnel issues.
The bank, which is to start lending no earlier than next year, is to have $50 billion in starting capital which will be doubled within the next few years and focus mainly on issuing debt for infrastructure projects.
“The New (Development) Bank will help finance joint, large-scale projects in transport and energy infrastructure, industrial development,” Putin said.
Russia’s increased focus on Asia since the crisis in Ukraine began has brought some successes: on Thursday its finance minister said China had bought around $1 billion worth of Russian domestic bonds this year.
The group called in a summit declaration for a swift permanent agreement on curbing Iran’s nuclear programme in exchange for relief from economic sanctions. The language of the statement was careful, and devoid of finger-pointing.
Russia and China are part of the talks between Iran and six major world powers.
The group also issued a statement on the conflict in Ukraine, calling for full implementation of an agreement reached in February on ending fighting between pro-Russian separatists and pro-Kiev forces in east Ukraine.”
—Reporting by Darya Korsunskaya, Denis Pinchuk, Katya Golubkova and Lidia Kelly; Writing by Lidia Kelly; Editing by Timothy Heritage and Catherine Evans
2023
LONDON –
BlackRock’s BRIC ETF will change its name to BIC after index provider FTSE Russell deleted Russian equities from the index.
It comes as FTSE Russell, which removed all Russian securities from its equity indices on 7 March last year, updated the name of the FTSE BRIC 50 Net of Tax index to the FTSE BIC 50 Net of Tax index to reflect the changes.
As a result, the iShares BRIC 50 UCITS ETF (BRIC) will be renamed the iShares BIC 50 UCITS ETF.
The term ‘BRIC’ stands for Brazil, Russia, India and China and is a term first coined by Goldman Sachs’ former head of global economics research Baron Jim O’Neill in 2001 as an attempt to bunch together the ‘Big Four’ of emerging markets.
Despite this, BRIC is now the only ETF left tracking the investment thesis, one of six products that have survived the last decade due to underperformance, high fees and Russian securities becoming inaccessible last year.
Russia’s invasion of Ukraine brought the onset of financial sanctions, making it difficult to access Russian equities or Global Depository Receipts (GDR) – previously used by the FTSE BRIC 50 Net of Tax index – targeting them.
BRIC, which houses $125m assets under management (AUM), currently has an 84.4% weighting to China, a 13.3% weighting to Brazil and just a 1.4% allocation to India.
The ETF has returned -35.3% over the past five years, as at the end of May, and -3.7% since its inception in 2007.”
[This article originally appeared on ETF Stream.]
“June 26 (Reuters) - BlackRock (BLK.N) boss Larry Fink, at the forefront of the business world's adoption of environmental, social and corporate governance (ESG) standards, has stopped using the term, saying it has become too politicized.
But the world's largest asset manager hasn't changed its stance on ESG issues, Fink told the Aspen Ideas Festival on Sunday.
ESG, a catch-all term that encompasses a range of ethically responsible business practices, from curbing carbon emissions to cracking down on discrimination in the workplace, has become politically polarizing in parts of the Western world, especially in the United States…”
“Fink had said in January that BlackRock had lost about $4 billion in managed assets as a result of the backlash against ESG, a tiny sliver of its $9 trillion under management. He reiterated at the Aspen conference that there had been no material impact on BlackRock's business.”
“On the issue of climate change, BlackRock has sought to strike a balance, continuing to invest in fossil fuel companies while nudging them to adopt energy transition plans. It has projected that by 2030 at least three quarters of its investments will be with issuers of securities that have scientific targets to cut greenhouse gas emissions on a net basis.”
"We had ... one of the best years ever, but I'm ashamed of being part of this conversation," said Fink, adding that his annual letters to investors that addressed ESG issues were never meant to be political statements.”
Reporting by Isla Binnie Additional reporting by Ross Kerber Editing by Mark Potter
Beneath the Black Rock, in summary
A recent summary of BRICS actions:
Gold-Backed BRICS Currency Amid Collapse Of The West | Bob Moriarty
Liberty and Finance: 7-8-2023
The BRICS nations are expected to announce a gold-backed reserve currency at their August meeting.
The BRICS will be "the last man standing" after the Western debt-based system collapses, says Bob Moriarty, naval aviator, marine, and financial author.
“Moriarty discusses how to prepare for this transition. He also gives his forecast for precious metals amid the BRICS announcement.”
THE OPEC ANGLES
—from Goldilocks
“Gold and oil play a much different role, but they have an equal or greater effect on our global economy than most people realize.
In today's world, many of our Eastern countries are pegging their local currencies to gold as we speak. The activation of Basel 3 compliance mechanisms inside a Basel 4 implementation will change the world. This will increase the value of Eastern countries' currencies purchasing power as the dollar is decreasing it's purchasing power.
To give you an idea how much OPEC controls the oil supply. It is estimated that 80% of it's proven oil supply runs through OPEC and 67% of that supply comes from the Middle East.
For this reason, OPEC is reducing the use of the Dollar in oil settlements and including the Yuan which is backed by gold in payments. When the BRICS Nations implement their own gold-backed currency, the need for the dollar will significantly decline.
If this were not enough, OPEC is calling on other countries besides Saudi Arabia and Russia to lower their oil production. This collective move changes the role and money velocity of the dollar while increasing money velocity in Eastern countries resetting their business models."
CA Fitts’s summary of the CBDC agenda:
https://rumble.com/embed/v2wf1ue/?pub=raont
A Debt Jubilee would be a welcome event for ALL humans…
Onward and upward!
Notable Tweet in consideration that Klaus Schwab publicly declares: “We must recognize China as the best superpower in the world.”
Notice the chem-trail image!
