Showing posts with label Bankruptcy. Show all posts
Showing posts with label Bankruptcy. Show all posts

Friday, July 1, 2016

Benjamin Fulford 6-27-16: The EU is bankrupt and that is why its governing structure will fundamentally change



FULL ARTICLE Benjamin Fulford 6-27-16… “The EU is bankrupt and that is why its governing structure will fundamentally change”


The real reason for the ongoing trouble in the European Union, including the recent vote by the British people to leave the bloc, is that the EU is bankrupt. We know in retrospect that the bankruptcy of the Soviet Union was the real reason the Warsaw pact fell apart, with Poland acting as the first domino. For the same reason, we can predict England was the first domino in the collapse of the European Union.


The emerging consensus view is, as Pentagon analysts put it, “Brexit may lead to Frexit (French exit), the collapse of banks, populism, nationalism and anti-globalism.” This is also likely lead to an end to Khazarian mafia sponsored Mulsim immigration.


The situation in France has already become so chaotic that French police say they are becoming too exhausted to deal with the daily, violent demonstrations taking place throughout the country. French President Francois Hollande, who has only 11% public support, is trying to ban demonstrations but it is hard to see who will enforce his “ban.” In other words, France is headed for revolution.


“This is the worst period I recall, there is nothing like it,” is how former Federal Reserve Board Chairman Alan Greenspan described the general situation and the market chaos that followed the Brexit vote.


http://www.zerohedge.com/news/2016-06-24/greenspan-worst-period-i-recall-theres-nothing-it


This may be the worst period Greenspan and his Rockefeller, Bush sponsors can recall but the Rothschilds are saying they made $2.5 trillion in one day on Friday by shorting all the stock markets and going long gold. This is their biggest bonanza since their insider trading on Waterloo. As the Rothschilds say, “the best time to make money is when blood is running on the streets.”


Indeed blood may well start running. Even top CIA experts are publicly saying a revolution is imminent in Europe and the United States.


http://thespiritscience.net/2016/06/26/ex-cia-spy-a-global-open-source-revolution-is-about-to-begin/


However, if properly handled, this situation will be a good thing for the US, Europe and the rest of the world. If improperly handled, it will lead to chaos,warfare and hardship within Europe, the US and Japan and thus, to a lesser extent, in the rest of the world.


The EU that has gone bankrupt had become even more dictatorial than the Soviet Union ever was, according to Russian President Vladimir Putin. In Putin’s own words: “The percentage of mandatory decisions made by the European Parliament is larger than that of mandatory decisions made by the High Council of the USSR concerning its member-republics.”


http://www.informationliberation.com/?id=55071


Sources in the gnostic illuminati and the White Dragon Society say that if things are properly handled what is eventually going to happen is the European nations will form a larger, looser, freer union that will include Russia. In this scenario Britain will be a neutral country linked to Europe by free trade, somewhat like Switzerland, they say.
The bankruptcy of the EU was triggered by the bankruptcy of Deutschebank, the largest bank in Europe, according to members of the Rothschild banking dynasty. Deutschebank is now under Chinese control, they say. If the Chinese had not stepped in to save Deutschebank, its collapse would have triggered a domino effect that would have taken down the entire European and then Western banking systems, multiple sources agree.


There was also a secret dimension to this bankruptcy that can be traced to military activity in the Pacific Ocean. A massive joint Chinese and American fleet was engaged in “maneuvers” last week off the shores of the Philippines.


http://www.mirror.co.uk/news/world-news/chinese-warships-join-forces-massive-8255107


You can also confirm on the Pentagon official homepage that massive joint exercises involving naval forces from 27 nations, including China and the US, start near Hawaii on June 30th.


http://www.defense.gov/News-Article-View/Article/799099/rim-of-the-pacific-exercise-2016-begins-june-30


The real aim of last week’s maneuvers, according to WDS sources, was to cut off…
…gold smuggling by submarines out of the Khazarian mafia submarine base in Nabire, Indonesia.


The result of this maneuver is that the Freeport McMoRan gold mine located near the submarine base has suddenly been put up for sale for the price of $20 billion, according to CIA sources based in Indonesia. Members of the board of directors of Freeport McMorRan have included such characters as Henry Kissinger and Godfrey Stillman Rockefeller.


https://en.wikipedia.org/wiki/Freeport-McMoRan


The CIA sources say the Freeport McMoRan mine is being offered to the Chinese via a front company out of Australia. This is how Indonesia hopes to pay off $20-30 billion that was advanced to it by the Chinese last year, they say. However, they add, “The US side knows that they are selling a virtually empty hole.”


Meanwhile the previous owners of Freeport “will move to another mountain which is within 5-7 miles from the Grasberg mine, which is Freeport’s current mining area. Someone is getting the shaft in this deal… No pun intended.” The source said he thought the massive joint naval exercise was “just a cover.”


The Chinese need to remember that “Kissinger has been a 50% owner of Freeport since the reign of Suharto, when he was given the shares in exchange for other services and profitable joint ventures between Suharto and the Kissinger Boys…..ie; the Cabal [Khazarian mafia].”


The source adds one reason the mine was given to Kissinger, the Rockefellers etc. was as payment for allowing Indonesian President Suharto to invade and annex East Timor in 1975.


Since it is a good bet the mine has been cleaned out of most its gold, what this really means is that the Khazarian mafia no longer has enough gold to finance EU and US trade deficits with Asia and the rest of the world. The Asians do not accept empty promises printed on paper and, as the Asian bar girls say “No money (gold), no honey.”
Rothschild family sources say there is now serious infighting at the top levels of the Khazarian mafia over what to do next. They say family meetings are going on and they have asked the WDS and its allies to wait until July. They have been given a deadline of July 10th after which the Khazarian mafia will lose any chance of participating in setting up a new, fairer and more earth friendly financial system. They will also be subject to a total and absolute boycott that will inevitably drive them into bankruptcy and obscurity.


Pentagon intelligence is confirming that the faction of the Khazarian mafia once headed by George Bush Sr. has split with former Bush top mobsters Donald Rumsfeld and Dick Cheney seeking protection from Donald Trump while Brent Scowcroft, Hank Paulson and Richard Armitage are seeking protection from Hillary Clinton.
However, neither of these candidates is likely to be in a position to protect these criminals for very long. Sources close to Trump say he might go along with Cheney and Rumsfeld for now but only as a temporary measure.
Sources in the FBI, meanwhile are saying that, if necessary, they will take down Barack Obama and Attorney General Loretta Lynch in order to get to Hillary Clinton.


The Pentagon sources also say the “Jewish Mafia” (=Khazarian Mafia) “are in panic mode on both sides of Atlantic after their Orlando false flag failed as Senate blocks four gun control measures on June 20th, the Senate denied FBI access to web browsing/e-mails without a warrant on June 22nd, and the Supreme Court killed Obama’s immigration plan.”


Clearly a lot of countries are waking up to the fact there has been a change at the top of the world power structure. One indication, for example, is that Israel, Egypt and Syria have applied to join the Shanghai Cooperation Organization. That means Israel is applying to join a military alliance that its one time “arch-enemy” Iran is also joining. It is also an organization that is theoretically opposed to their long term supposed allies and protectors the US and NATO.


http://www.fort-russ.com/2016/06/syria-egypt-israel-apply-to-join-sco.html


Poland and other countries in Eastern Europe have also shown they understand things are different now because they have agreed to join China’s new “Belt and Road Initiative,” meaning the building of major transportation links heading east through Russia to China.


http://news.xinhuanet.com/english/2016-06/21/c_135454841.htm


Building links east makes sense for Poland because they can see the EU is losing control. CIA sources in Europe say the European Central Bank has been issuing large of amounts of forged Euros, meaning they have no real collateral to back them.


Pentagon sources agree, saying the “Euro may be replaced by national currencies as yuan is gold-backed and new US dollars have been printed waiting for public announcement of a global currency resent and the release of hundreds of trillions in stolen funds.”


This global currency reset, though, is not going to include such things as Zimbabwe dollars fraudulently sold to suckers by members of the Bush/Clinton mafia. However, allowance may be made to members of the US military who invested in Iraqi Dinar, but not if doing so benefits the Bush/Clinton mafia, WDS sources say.


In closing, the Japanese underground has also gotten the message and serious preparations are being made for regime change here. Even Bank of Japan Governor Haruhiko Kuroda has admitted that “Abenomics” has failed and that Japan needs to take a new tack. Rothchild family sources asked what was going to happen to their Japan handler Michael Greenberg and were told “he is going to go to jail.” Richard Armitage can go face his ghosts in the US, while Kenneth Courtis will probably be left alone.


Wednesday, June 10, 2015

Update by Sheldan Nidle for the Spiritual Hierarchy and the Galactic Federation




Update by Sheldan Nidle for the Spiritual Hierarchy and the Galactic Federation
~ Update for June 9, 2015


10 Ben 11 Pax, 11 Ik


Selamat Balik! Much is now happening on this world. Many final changes are taking place to ensure the success of what we do. As we stated last time, what is happening is the last fading of a system that has ruled this surface world with an iron fist for the past 13 millennia. Such an operation is filled with seemingly endless individuals who are truly dedicated to the old system that was set up long ago by the Anunnaki. Our earthly allies began over a decade ago to establish precedents to construct an alternate system. As we stated previously, this new system already operates in most of Asia and is coming on board in many parts of this globe. It is this prototype system that we last alluded to. In Europe and in Asia, this alternative is becoming strong and is being used to exchange funds across this world. The US Corporation realizes this and deeply senses that its time of reckoning has come. These views have been secretly exchanged. The last hurrah for this antiquated system is upon us. A great moment in the changing of power is near.

   The US Corporation comprehends what is currently going on around this world. Asia has risen up from the great depths that she had descended to at the beginning of the post World War II era. America was completely dominant and used this advantage to enforce its global precepts upon the world. This superiority came to a screeching halt after the second Iraq conflict. Suddenly the lack of sufficient precious metal monetary reserves brought a change in US monetary policy. The fiat dollar was under attack and the US Corp. began a series of holding actions that has brought the Federal Reserve to the very brink of existence. The world, and especially Asia has shown that the past monetary idea of fiat currency is no longer completely viable. In its stead is to be formed a new system based on a fair exchange rate from a pool of precious metal currencies. The US and its friends are staging this holding action. The length of this action is one, which is attempting to hold back currency resets and a global currency revaluation. This action is running its course.

   At present, there is a legal system that has declared the US Corp as bankrupt. Likewise, its companion, the Fed has been declared bankrupt. This is to become official once various other aspects of a new financial system are fully in place later in the year. Thus, the old system is living on borrowed time. A most magnificent moment is nearly ready to blossom. Until then, humanitarian funds are to be exchanged and after a number of such key fundings, the US Corp is to disappear. It is to be replaced by NESARA. This transitional period is when we can emerge from the long cover-up and our benign status can be officially affirmed. Then, we can oversee the lessons of the Ascended Masters and introduce you to the Agarthans. The events are to show you a new general paradigm. Heaven wishes us to make sure that the dark and its agents are no longer in a position to adversely influence you. This is to be an Age of Light. It is when you are to return to full consciousness. It is when you are able to access the Akashic records and the administrations of Heaven.

   This time comes after the last struggles with the dark are over. We are in a position where we can influence events. Nevertheless, we have a limit as to how we show ourselves to you. Much of this realm has been saturated by propaganda skillfully devised and disseminated by the dark. Hence, many of you believe these lies and therefore, we need to appear only in ways that disprove these perceptions. Therefore, we cannot openly appear en mass until these dark regimes are history. At that time, we intend to increase drastically the number of ships you see. Then your fears can dissipate and all can freely feel our Light energies. At the same time, Angels can manifest themselves and the wonders of Heaven can begin to appear daily in the sky. This is to be the forerunner of what is to happen. The Light wishes to show you what you are truly capable of. Along with this are to be the various funds to bring you prosperity and general debt forgiveness. In this new reality, you are to continue to grow and claim your return to being this star nation’s physical Angels!

   Namaste! We are your Ascended Masters! Today is a truly blessed day! Our focus is upon the bringing forth of a marvelous set of formal resolutions by Heaven. These are just the start of a number of adjustments, which are to greatly increase your sensing of the new chakras that are being installed around the diaphragm and the thymus in your upper heart. These two new chakras have led to some difficulties in your upper chest and upper abdomen. Do not be overly alarmed, blessed Ones; this is part of a new stage in your continual construction of the preliminaries required for your ascension to full consciousness. Centuries ago, some of us were given a special ceremony required by Heaven to become who you now know us as. This time was a very special one as many years of aging and bewilderment were sloughed off and replaced by the golden glows of Heaven. We were then in divine service and needed a time for an “initial boot camp” to understand what was to be expected of us.

   The same is to be expected of you by Heaven and thus, you are to be required to learn how to communicate and fulfill your divine service to Gaia and to Heaven. Look upon these times as a preparation. In this, Beloveds, we are sure that you can acquit yourselves very, very well. The dark fades and you come into a realm which you have not seen before. Our associates are preparing the way for events, which are, at times, to surprise and shock you. These events are to be portents of what is to come. In many previous lifetimes, we had come to the bad end that we all call “death." Suddenly, this option was removed by a set of long awaited rituals. We were treated to an environment, which we knew nothing about. In this practically “new-born state," we emerged and were exposed to things mostly unknown. We were initiated by a special Master and quickly trained for each of our new duties. It was the start of our service.

   We say this only to express how you are to quickly change, and once trained, to easily do what your new duties are to detail. What is ahead is simply a gentle overview of your coming life. Be positive and follow your heart; not your head in these matters. We intend to do our part by giving you a number of deep truths, which were forcefully purged from your distant memories after the Anunnaki took over this surface world some 13 millennia ago. Once the dark’s power structures disappear, you are to become more conscious of the new reality as it can then reconstruct itself anew. In this realm, you can begin to start a communication with your space and spiritual families. Here, additional wisdom can be shared with you. You are as well to welcome the landings of our brethren. This is swiftly to lead to an introduction to Agartha and all the wonders contained therein!

   Today, we brought you yet another weekly message for all of you to share with each other. Events are now forming which are to alter this realm and permit you to experience the new. Hence, be ready to open up your conception of possibility and gladly welcome in the new!!! Know, dear Ones, that the countless Supply and never-ending Prosperity of Heaven are indeed yours! So Be It! Selamat Gajun! Selamat Ja! (Sirian for Be One! and Be in Joy!)

Tuesday, June 9, 2015

Benjamin Fulford - June 8, 2015: G7 helpless in the face of mathematically certain bankruptcy | HIPKNOWSYS


 
 
Benjamin Fulford - June 8, 2015: G7 helpless in the face of mathematically certain bankruptcy | HIPKNOWSYS


The leaders of the Group of Seven Industrialized Nations or G7 are holding an emergency meeting in Germany in a futile attempt to avoid their inevitable bankruptcy. The leaders talk about Greece, the Ukraine, China, the Middle East and other matters as if somehow they are still in control. The leaders need to understand that there is a thing out there called reality and, no matter how long you try to avoid it, it has a way of catching up to you. The fact is that, with the exceptions of Canada, Japan and Germany, the G7 nations and their allied Western states have been running a deficit with the rest of the world for the past 40 years. The elephant in the room that nobody talks about is the fact the biggest debtor of all is the Corporate United States.


The rest of the world has made a collective decision to stop financing these Western governments until they stop their constant war-mongering and resource stealing. Since the rest of the world controls most of the real money (i.e. money connected to physical objects) they control the underlying reality. You can eat bread but you cannot eat derivatives or dollar bills. You can trade real things like cars or oil for rice or wheat but if you lose trust, nobody will trade your IOUs for real things. The G7 countries, especially the Corporate United States (as opposed to the Republic of the United States), have managed to postpone the inevitable with fraudulent economic data, offshore slush funds, and derivatives theoretically worth astronomical amounts.


However, no amount of zeroes added to astronomical numbers inside Western banks will make any difference so long as these zeroes have no connection to the real world.


The Chinese have insisted on payment in things, like gold, that actually exist. The American corporate government has, like a once rich junky fallen on hard times, pawned family heirlooms, borrowed from friends, stolen and lied so far to get its next fix of debt. They have stolen Iraqi oil, African gold, Japanese savings and everything else they could get their hands on. However, since real US GDP has shrunk by 21.4% since 2011, it is becoming impossible for the US Corporate government to keep paying its snowballing debts. The obvious answer is to declare bankruptcy.


The problem is that very few people are alive today who remember the last time a European country went bankrupt. No Anglo Saxon country has gone bankrupt for a thousand years so the Americans are even less familiar with what bankruptcy really entails.


For those of us who witnessed firsthand such things as the collapse of the Japanese bubble and the bankruptcy of Argentina the future is easier to see.


Let us compare these two cases to what is happening to the G7 in order to predict the future.


In the case of Japan, the bubble burst in the years 1990-1992. The Japanese government knew as early as 1992 the bad debt total was 200 trillion yen (about $2 trillion). However, public announcements then put it at only 3 or 4 trillion yen. Company A would pass on its bad debt to company B who would pass it on to company C, each with a different accounting deadline. It was like an individual using their American Express card to pay their Visa bill and then using the Visa to pay for their MasterCard and then use their MasterCard to pay off American Express. This scam bought time.


Eventually though, a few of the worst companies were no longer able to hide their bankruptcy. I remember interviewing Kichinosuke Sasaki, president of the Togensha, one of those companies, in the late 1990’s. He was then the poorest man in the world with a net worth of minus 9 trillion yen (roughly minus $90 billion). He was wearing a silk suit that must have cost him tens of thousands of dollars when he originally bought it but it was pretty threadbare and shabby when I interviewed him. He told me he the bankers were keeping him half-alive on a miserable allowance. The bankers would not let him declare bankruptcy because that would have triggered a domino effect that would inevitably lead to the biggest Japanese banks.


In the case of Europe, Greece is playing the role of Togensha. If Greece is allowed to go bankrupt then big European banks will have to declare their Greek debt in default and thus be forced to admit they are also in default. No wonder the top managers of outfits like Deutschebank keep resigning. Nobody wants to be the captain of a sinking ship.


However, the Japanese experience with the bubble makes it very clear that postponing the inevitable just increases the total pain. The Greeks already know this because they are being forced to play the role of Mr. Sasaki, and be squeezed of everything they have so their bankers can pretend all is well. Average Greek income has fallen 40% in the past five years so that bankers can pretend they are solvent. It will only get worse until Greece declares bankruptcy.


It is much better to declare bankruptcy than to stay chained to an unpayable debt burden.


Bankruptcy need not be a bad thing. The first thing people need to understand is that finance is spiritual or psychological. If Greece goes bankrupt, people, buildings, factories, farms, beaches, houses etc. will not disappear. The only thing that will change is how people decide what to do in the future with these real world assets.


In the case of Argentina, as well as in the case of Iceland, declaring bankruptcy was a short sharp shock followed by a rapid rise in standards of living. The people were also freed from the clutches of parasitical bankers.


Of course, if Greece goes bankrupt eventually so will the rest of countries using the Euro.


Angela Merkel recently went to China and Japan to ask for money but returned empty handed.


Since there is no other source of money big enough to bail out the German backed Euro, the German financial system is thus also likely to become insolvent sooner rather than later.


The end result will be a return to the Deutschemark, the Drachma and other currencies tied to historical cultures.


Now here is something to ponder. The European Union Parliament building was deliberately built to resemble the tower of babel. You can see this visually at this link:


http://deadlinelive.info/2012/11/26/fascism-rising-eus-new-tower-of-babel/


The story of the Tower of Babel was that it eventually collapsed and all the different peoples went their separate ways. The new tower of babel was completed in 1999. The question is, where there planners who knew way back then the EU project was destined to go the way of the tower of babel?


Sources:
http://benjaminfulford.net/2015/06/09/g7-helpless-in-the-face-of-mathematically-certain-bankruptcy/
http://blogdogcicle.blogspot.com/2015/06/benjamin-fulford-says-g7-helpless-in.html
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