Economy

Is Germany Secretly Planning On Joining BRICS?

From: ETF DAILY NEWS | by Greg Hunter | July 23, 2014

BRIC-2Financial newsletter writer Jim Willie says no matter who shot down the Malaysian commercial jet over Ukraine recently, there is going to be massive fallout.

Willie contends, “Here’s the big, big consequence.  The U.S. is basically telling Europe you have two choices here.  Join us with the war against Russia.

Join us with the sanctions against Russia.  Join us in constant war and conflicts, isolation and destruction to your economy and denial of your energy supply and removal of contracts.  Join us with this war and sanctions because we’d really like you to keep the dollar regime going.

They are going to say were tired of the dollar.  We are pushing Germany.  Don’t worry about France, don’t worry about England, worry about Germany.  Germany has 3,000 companies doing active business right now.  They are not going to join the sanctions—period.”

Willie goes on to say, “It’s a war game and Europe is sick of U.S. war games.  The defense of the dollar has come to war versus trade.  Are you with us or are you against us?”  As far as the NSA spying on Germany, Willie says, “I think they are looking for details on assisting Russia on dumping the dollar.  I think they are looking for details for a secret movement for Germany to get away from the dollar and join the BRICS (Brazil, Russia, India, China and South Africa.)  This is exactly what I think they are going to do.”

Willie thinks as countries move away from the U.S. dollar, the money printing (quantitative easing, QE) increases, and the economy gets worse.  Willie calls this a “feedback loop” that he contends, “You get the feedback loop from the damage of lost income that comes from the higher costs that comes from QE.

It’s not stimulus, people.  It’s a back door Wall Street bailout that degrades, deteriorates and damages the economy in a feedback vicious system.

You are seeing the free-fall and acceleration of the damage; and, so now, you get even more cost damage.  QE didn’t happen by accident.  Foreigners didn’t want to buy the Treasuries anymore.  They don’t want to buy a bond where the same central bank is printing money to buy the bond!

QE raises the cost structure and brings about shrinkage and disappearance of profits.  QE is not stimulus.  It’s capital destruction. ”

On the so-called “recovery” the mainstream media has been harping on for years, Willie says, “I believe the U.S. has gone into a recession that it is not going to get out of until the dollar is gone.

When you factor inflation in properly . . . we got a monster recession of -6% or -7% right now.  I don’t think it will get better until the dollar is disposed of.  So, we’re entering the final phase of the dollar.”

In closing, Willie says, “You want to get rid of political obstacles?  Go straight to commerce and trade.

Why is it that Exxon Mobil is still doing projects in the Artic and still doing projects in the Black Sea, which is Crimea, with the Russians and their energy companies?

We already got the U.S. energy companies defying our own sanctions, and yet we are prosecuting French banks for doing the same thing.  This is insane.  We are losing control.

Divider_line_new

Shock German Move To Russia Spells Obama Doom

From: What Does It Mean.com

Germany’s Federal Foreign Office (FFO) contacted Moscow this week requesting an accelerated membership course for their joining the BRICS economic community as they plan to leave the European Union (EU), a move Russian experts said would “spell doom” to the Obama regimes “dream of empire”.

BRICS is the acronym for an association of five major emerging national economies: Brazil, Russia, India, China, and South Africa and as of 2013, the five BRICS countries represent almost 3 billion people with a combined nominal GDP of US$16.039 trillion and an estimated US$4 trillion in combined foreign reserves.  As of 2014, the BRICS nations represented 18 percent of the world economy.

Opposing BRICS is a global financial system organized by the West and dominated by the US which forces nations to conduct their international business in the unstable US dollar, making their economies swing back and forth with the winds of policy crafted in Washington, D.C., and New York City.

The West has ceded influence in institutions like the World Bank and the International Monetary Fund (IMF) only grudgingly, and to the BRICS, today’s financial system is out of touch with the changing times, and ill-suited to support the world’s up-and-coming economic titans.

According to this report, Germany became “alarmed” this week after the Obama regime ordered the EU to “ignore and not comment on” the evidence provided by Russia relating to the Malaysian Airlines 17 flight shot down over Ukraine last week proving it was a “deliberate action” ordered by Kiev officials with CIA involvement.

German intelligence sources, this report continues, confirm their US counterpart’s assessment that Russia had no involvement in the downing of this aircraft and further confirm that the Obama regimes case using YouTube videos and Tweets to blame Russia is “unraveling like a cheap sweater” under the increasing realization that dubious social media-sourced evidence is essentially all there is.

Most damning about the Obama regime accusations against Russia relating to the downing of MH-17, this report says, were German intelligence confirmations that these same YouTube videos and Tweets seeking to prove Russian involvement have proven to be “manipulated and, instead, prove Ukrainian military forces were to blame.

Important to note, MoFA experts in this report say, is that Germany in knowing of the coming showdown between the Obama regime and Russia, had secretly planned to join the BRICS nations economic bloc in 2011 when its Bundesbank (Central Bank of Germany) demanded a full repatriation of Germany’s entire US$141 billion gold reserve from the US Federal Reserve where it was stored.

On 24 June 2014, this report continues, Germany was forced to give up on its plan to repatriate its gold from the US after being told by the Obama regime that it would only get its gold back in seven years, clearly showing that the US central banking cartel did something nefarious with the metal it had been entrusted to safeguard.

In countering the Obama regimes move, however, this report says, Germany withheld from being converted into Euros over US13 billion worth of its former currency Deutsche Marks, and since 2011 have had their printing presses working overtime printing more.

Making Germany’s move to BRICS and away from the Obama regime even more urgent, this report warns, are the Americans planned attack on the Bundesbanksimilar to their one on France’s largest bank BNP Paribas that was punished with a US$9 billion legal fee after France refused to cancel the Mistral warship shipment to Russia, and which promptly led Banque de France (French National Bank) head Christian Noyer to warn that “the days of the US Dollar as a reserve currency are numbered”.

Agreeing with Noyer, this report says, is Brazilian President Dilma Rousseff who stated last week at the start of the seventh summit of the BRICS nations that the five big emerging economies “are moving toward a new global architecture”; an economic structure Germany desperately needs as the “boomerang effect” of the Obama regimes sanctions on Russia are beginning to destroy the Germany economy.

Equally as critical behind Germany’s move to join BRICS, this report says, was the Obama regimes CIA spy ring uncovered spying on top German officials causing Germany to order the CIA station chief in Berlin to leave their country.

So alarmed has Germany become over the Obama regimes spying on them, Russian intelligence experts in this report say, their top government officials are now forced to store their smartphones and tablet computers when sensitive discussions take place, and typewriter sales are now surging in Germany too as CIA/NSA fears are forcing even of the most common of people to keep their secrets safe.

As to the American people themselves being aware of the catastrophically dangerous West-East struggle for global economic supremacy now ongoing, and with each passing day is leading to open conflict, this report doesn’t say.

However, in a recent poll conducted by Politico, it found that most Americans aren’t paying the least bit of attention to the war propaganda coming out of Washington…a deliberate ignorance they will surely pay for much sooner than later.

July 23, 2014 © EU and US all rights reserved. Permission to use this report in its entirety is granted under the condition it is linked back to its original source at WhatDoesItMean.Com. Freebase content licensed under CC-BY and GFDL.

9 thoughts on “Is Germany Secretly Planning On Joining BRICS?

  1. absolutely NOT! Asia will not want any European countries to join brics. you people are the reason why there is corruption and mismanage money. defacate with your own world bank

  2. This is all in preparation for a shift from the petrodollar, which will have catastrophic consequences here in the USA. Not on the 1% of course, but on everyone else. The paradigm is shifting…who will be our next savior?

  3. I don’t think Americans are deliberately ignorant of the propaganda. These warmongers are a one trick pony and Americans have seen this one trick often enough to know it when they see it. This marks THREE failed efforts to stir up support for more war: Iran, Syria and now Russia. ‘Aint gonna happen because everyone I know including myself, is sick and tired of it now. Yes, Americans will pay the price, but not because they resisted the call for more war. The economic system is going to change. There will be essentially one bank in control of the world’s wealth. Trade agreements negotiated in secret will section off the world into trade districts. National sovereignty will become a thing of the past, as contractual clauses in multi-national trade agreements intended to drive the cost of labor down to ZERO world-wide, assume prescience and supremacy over national laws. Check out the TTP if you don’t believe me. https://wikileaks.org/tpp/

    • Marblex,

      I agree some much with your fears for our future. I do have a few glimmers of hope, though they are mostly clouded over with my well researched pessimism.

      For me, one of the faint glimmers are the BRICS. They could become a powerful counter balance to the Anglo-American empire as she pushes bloodily towards a world domination. If the BRICS get big enough the yanks may be too scared to take them all on.

      All my hopes for the BRICS however hinges on their own integrity. If they’re fundamentally noble, they might save us. If they’re truly knaves or become corrupted, well then it’s just gonna be more of the same.

      Cheers,

      Bill.

  4. Reblogged this on Starship Earth: The Big Picture and commented:
    BRICS is a growing alliance of nations who are tired of war and the western-ruled World Bank and International Monetary Fund. There is a growing number of signs that Germany, France, and possibly even England will be joining them. If it happens, it could spell bad news for the USA, and probably Canada. -LW

  5. Reblogged this on "Isle of View" and commented:
    This is very important news and information. I’ve been following this closely and feel we are in for a very bumpy ride. Make sure your assets are safe; October has always been a month to be wary about financially. In short, be smart, stay aware. Read on.

POST A COMMENT (See policy on sidebar)

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s