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Saturday, March 25, 2017

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https://alcuinbramerton.blogspot.com/2016/11/altnews121ab.html
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Picture: Donald Trump. Constitution. Régime change? US or USA?
https://1.bp.blogspot.com/-Fqp9yJTfK18/WMwKZGNSAiI/AAAAAAAAIxw/07QiezPCjkIGi_q5ceNbn442O8ApZH1fgCLcB/s1600/Joseph%2BFrancis%2BDunford.%2BAmerican%2BConstitution.%2BR%25C3%25A9gime%2Bchange%2B%2528question%2529.%2B%25231ab.jpg?SSImageQuality=Full

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The Constitutional united States of America was never formally abolished. Is it now being revived? Are we looking at the outside of a churning Deep State régime change?

It is difficult to know what to call the country which lies between Canada and Mexico on the North American continent.

Some think of it as America; others as the United States; others as the United States of America. Unconstitutional lawyers, playing games with capital letters and lower case, call it other things.

One thing, however, is emerging with new clarity. Since Thursday 28th March 1861, the de facto government understood to be running America has been illegal.

28th March 1861 was the day the Congress of the united States of America adjourned for lack of a quorum and was never reconvened.

The Constitutional united States of America was never formally abolished. The governance of the country to which the Constitution applied was simply taken over by prancing actors working for élite financial interests in Europe. With the exception of a few patriots, the American people didn't seem to notice or care. This is still the situation today. The actors have changed; the illegality of their perceived governance has not.

America / United States / US / United States Of America / USA is not a sovereign and free nation; it is a privately-owned corporation whose beneficial owners are old bloodline families and their supporting syndicates.

Since the 28th March 1861, what is publicly known as “Congress” has functioned in one of three different ways:

(1) Either as a corporate Board of Directors for private, mostly foreign-owned and deceptively-named governmental services corporations, operated by banking cartels. One of these banking cartels is called the Federal Reserve. This is the cartel running a corporation called the “United States of America, Inc.” Another banking cartel is called the IMF (International Monetary Fund). This runs a corporation called the “UNITED STATES”.

(2) Or as the government of a legislative democracy calling itself the United States of America (Minor): American “states” more often thought of as federal territories and possessions, for example Guam, Puerto Rico, etc.

(3) Or as a plenary oligarchy ruling the Washington DC Municipal Government (only).

The President of the variously-named large North American country thought of as America is the just the CEO of the federal corporation(s). There are about 39 levels of security clearance above this President, depending on how the counting of covert black budget agencies is conducted. This means that there are 39 sets of projects, facilities, meetings, papers and accounts which the President knows nothing about and has no access to by right.

There are, however, such things as "free sovereign and independent people of the United States"; millions of them, indeed, living on the North Americal landmass between Canada and Mexico.

A question is being put. Are these people now beginning to wake up, restore their lawful government on the land, and enforce the Organic and Public Law of the country?

There are signs that the Trump presidency may be forcing the first step of a benevolent and lawful governing outcome for the American people. This is happening with the support of the military, and could not (bloodlessly) be achieved without it.

On Shrove Tuesday, 28th February 2017, President Donald Trump delivered his first address to a joint session of Congress. That speech ended with the following words:

"From now on, America will be empowered by our aspirations, not burdened by our fears; inspired by the future, not bound by the failures of the past; and guided by our vision, not blinded by our doubts."

"I am asking all citizens to embrace this Renewal of the American Spirit. I am asking all members of Congress to join me in dreaming big and bold and daring things for our country. And I am asking everyone watching tonight to seize this moment and believe in yourselves. Believe in your future. And believe, once more, in America. Thank you, God bless you, and God Bless these United States."

Odd ending. These United States. As opposed to those United States? Significant? Or just more expedient thespian prancing?

More background here, here (pdf 1p) and here (pdf 4pp).
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Picture: Malaysia. Fraud problems? Ahmad Zahid Hamidi. Najib Razak.
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Malaysia: How are Najib Rasak and Ahmad Zahid Hamidi getting on with UBS these days?

At the beginning of March 2017, it emerged that Najib Razak, the Prime Minister of Malaysia, had used his privileged access to unlawfully empty the bank accounts of a wealthy Malaysian citizen. For ease of reference we will refer to this citizen as Mr M. He is a prominent billionaire in Asia.

Mr M's Collateral Security Instruments were held at the Malaysian Central Bank in Kuala Lumpur (Bank Negara Malaysia). It is said that Razak transferred these instruments to a local Malaysian commercial bank account in the name of his wife, Rosmah Mansor.

Razak then contacted UBS in Switzerland and told them that Mr M was dead and that as the Malaysian Minister of Finance, Razak himself was the Executor of Mr M's estate. Razak then claimed Mr M's entire funds, including his Trust Accounts.

UBS asked Razak to produce Mr M's official Death Certificate. Papers were assembled in Malaysia and sent to UBS in Switzerland.

At this point problems arose. First, the papers submitted by Najib Razak were fraudulent. Second, Mr M was not dead. Third, UBS knew that Mr M was not dead. Fourth, UBS and Mr M had been in close contact with each other for the duration of the attempted heist by Razak.

UBS and others are understood to hold transcripts and recordings of the pertinent telephone conversations involving Razak and his agents in Malaysia. They also hold detailed depositions related to their own exchanges with Mr M.

UBS has filed a legal case about Razak's machinations with the International Court of Justice in The Hague.

Learning this, Najib Razak is said to have used his position to try to stop Mr M leaving Malaysia. This was abruptly prevented by the intervention of the UN, the IMF, the US Fed and the Swiss government.

Mr M is now living in Europe. He will testify before the ICJ in The Hague in due course.

The people of Malaysia might be unwise to assume that Najib Razak was the sole driver behind in this élite plot. There are indications that Ahmad Zahid Hamidi, the Deputy Prime Minister of Malaysia, may also have been a close co-conspirator.

The case of Mr M and Najib Razak has got nothing to do with the earlier 1MDB scandal which emerged in Malaysia in June 2015.

Source downpage here (03.03.17). And more on the history of the Global Collateral Accounts can be found here (pdf 120pp).

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Picture: Western MSM guide to Fake News. MSM False World Narrative.
http://www.naturalnews.com/2017-02-22-beyond-fake-news-how-google-just-became-fake-search-by-blacklisting-independent-journalism.html

Picture: Has Shinzo Abe looted the Japan national pension fund?
https://kauilapele.wordpress.com/2017/02/16/full-article-benjamin-fulford-2-13-17-us-and-china-are-both-busy-with-internal-power-struggles-so-the-world-will-have-to-wait/

Picture: Will Trump stop the US Fed's Liquidity Swaps with the EU?
https://mises.org/blog/what-will-trump-do-about-central-bank-cartel

Picture: What is the real reason US Fed Governor Daniel Tarullo has resigned early?
http://www.reuters.com/article/us-usa-fed-tarullo-idUSKBN15P2CJ

Picture: Did Hillary Clinton try to flee to Bahrain before Jeff Sessions became US AG?
https://kauilapele.wordpress.com/2017/02/09/full-article-benjamin-fulford-2-6-17-the-long-awaited-arrests-of-cabalists-are-supposed-to-start-this-week/

Picture: Marine Le Pen. France. EU. Islam.
https://www.theguardian.com/world/2017/feb/05/marine-le-pen-promises-liberation-from-the-eu-with-france-first-policies

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Picture: Who owns & controls Antarctica's end-time underground bases?
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Who owns and controls Antarctica's end-time underground bases?

This question is being put with new urgency in the light of so many significant individuals among the global élite paying visits in 2016 and 2017, including (visibly) Patriarch Kirill (Russia) and John Kerry (US). Airports in New Zealand and military airstrips in Patagonia (Argentina/Chile) have been busy with private jets on their way to places unknown even further south.

What is going on? And what exactly is underneath the snow and the ice and the black volcanic mountains of Antarctica that is not being disclosed to the public?

It is said that from 1945 up until the US Clinton administration (1993-2001), whenever the text of a new agreement or treaty to do with nuclear relations between the West and Russia/USSR was signed, three primary sets of papers were generated. One of these sets of papers was always sent to Antarctica.

Are those papers still there? If so, where are they kept, and who were they addressed to?

There are further curiosities. Antarctica is twice the size of Europe. No country or countries own it; no country or countries exercise territorial sovereignty over it. Why?

One answer to this has to do with the rubric of the 1959 Antarctic Treaty which now has 53 nations as participants. This stresses that any human presence in Antarctica must be for peaceful purposes, such as scientific research. The Antarctic must not become the scene of international discord or conflict.

A strange thing has just happened. For the first time in history, the British Antarctic Survey has decided not to overwinter at its Halley VI Research Station for safety reasons. This facility is located on the floating Brunt Ice Shelf. It will be shut down completely between March and November 2017.

It is said that the growth of a new ice crack is making the location hazardous. The laboratory and living modules are being moved to a safer location 23 km from its present site.

That is the story being told by the managing science team at the British Antarctic Survey HQ in Cambridge, UK. From their perspective, it may be a true story. But there is a damaging consequence of their management decision to evacuate the base.

Between March and November 2017 a lot of very sensitive scientific detection equipment will have to be turned off. There will be a 100% irretrievable data loss in the middle of several long-running technical surveys of conditions in the region.

Might something big be planned for Antartica in the middle of 2017 which someone does not want to be detected by the British Antarctic Survey's leading-edge instrumentation?

A series of nuclear strikes, for example? The demolition of an inconvenient ancient city or pyramid complex now appearing out of the melting ice? The opening or closing of a major transdimensional portal? The departure from the planet of certain beings/personages by supposedly non-existent transportation technologies?

Or is something waking up, Warminster-style, in a deep underground base which cannot wake up undetected if the BAS leaves its sensors running? Something, perhaps, which might embarrass certain élite syndicates which were once German?
   
More about the goings-on in Antarctica can be found downpage here (23.01.17), here (22.01.17), here (01.01.17), here (13.12.16), here (07.12.16), here (24.03.16) and here (passim).
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Picture: History is created by the brave. Xi Jinping. Davos. Jan 2017.
http://news.xinhuanet.com/english/2017-01/18/c_135991184.htm

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On Tuesday 17th January 2017, the Chinese President, Xi Jinping, gave a keynote speech at the annual meeting of the World Economic Forum in Davos, Switzerland.

Xi: I’m delighted to come to beautiful Davos. Though just a small town in the Alps, Davos is an important window for taking the pulse of the global economy.

People from around the world come here to exchange ideas and insights, which broaden their vision. This makes the WEF annual meeting a cost-effective brainstorming event, which I would call “Schwab economics”.

“It was the best of times; it was the worst of times.” These are the words used by the English writer Charles Dickens to describe the world after the Industrial Revolution. Today, we also live in a world of contradictions.

On the one hand, with growing material wealth and advances in science and technology, human civilization has developed as never before. On the other hand, frequent regional conflicts, global challenges like terrorism and refugees, as well as poverty, unemployment and a widening income gap have all added to the uncertainties of the world.

Many people feel bewildered and wonder: What has gone wrong with the world?

To answer this question, one must first track the source of the problem. Some blame economic globalisation for the chaos in the world. Economic globalisation was once viewed as the treasure cave found by Ali Baba in The Arabian Nights, but it has now become the Pandora’s box in the eyes of many. The international community finds itself in a heated debate on economic globalisation.

The point I want to make is that many of the problems troubling the world are not caused by economic globalisation.

For instance, the refugee waves from the Middle East and North Africa in recent years have become a global concern. Several million people have been displaced, and some small children lost their lives while crossing the rough seas. This is indeed heartbreaking. It is war, conflict and regional turbulence that have created this problem, and its solution lies in making peace, promoting reconciliation and restoring stability.

The international financial crisis is another example. It is not an inevitable outcome of economic globalisation; rather, it is the consequence of an excessive chase of profit by financial capital and a grave failure of financial regulation.

Just blaming economic globalisation for the world’s problems is inconsistent with reality, and it will not help solve the problems.

From the historical perspective, economic globalisation resulted from growing social productivity, and is a natural outcome of scientific and technological progress, not something created by any individuals or countries.

Economic globalisation has powered global growth and facilitated the movement of goods and capital, advances in science, technology and civilization, and interactions among peoples.

But we should also recognise that economic globalisation is a double-edged sword. When the global economy is under downward pressure, it is hard to make the cake of the global economy bigger. It may even shrink, which will strain the relations between growth and distribution, between capital and labor, and between efficiency and equity.

Both developed and developing countries have felt the pinch. Voices against globalisation have laid bare pitfalls in the process of economic globalisation that we need to take seriously.

As a line in an old Chinese poem goes, “Honey melons hang on bitter vines; sweet dates grow on thistles and thorns.” In a philosophical sense, nothing is perfect in the world.

We fail to see the full picture if we claim that something is perfect because of its merits, or view something as useless just because of its defects. It is true that economic globalisation has created new problems, but this is no justification to write economic globalisation off completely. Rather, we should adapt to and guide economic globalisation, cushion its negative impact, and deliver its benefits to all countries and all nations.

There was a time when China also had doubts about economic globalisation, and was not sure whether it should join the World Trade Organization. But we came to the conclusion that integration into the global economy was a historical trend.

To grow its economy, China must have the courage to swim in the vast ocean of the global market. If one is always afraid of bracing the storm and exploring the new world, one will sooner or later get drowned in the ocean. Therefore, China took a brave step to embrace the global market. We have had our fair share of choking in the water and encountered whirlpools and choppy waves, but we have learned how to swim in this process. It has proved to be a right strategic choice.

Whether you like it or not, the global economy is the big ocean that you cannot escape from. Any attempt to cut off the flow of capital, technologies, products, industries and people between economies, and channel the waters in the ocean back into isolated lakes and creeks is simply not possible. Indeed, it runs counter to the historical trend.

The history of mankind tells us that problems are not to be feared. What should concern us is refusing to face up to problems and not knowing what to do about them. In the face of both opportunities and challenges of economic globalisation, the right thing to do is to seize every opportunity, jointly meet challenges and chart the right course for economic globalisation.

At the APEC Economic Leaders’ Meeting in late 2016, I spoke about the necessity to make the process of economic globalisation more invigorated, more inclusive and more sustainable.

We should be pro-active and manage economic globalisation so as to release its positive impact and rebalance the process of economic globalisation. We should follow the general trend, proceed from our respective national conditions and embark on the right pathway of integrating into economic globalisation at the right pace.

We should strike a balance between efficiency and equity to ensure that different countries, different social strata and different groups of people all share in the benefits of economic globalisation. The people of all countries expect nothing less from us, and this is our unshirkable responsibility as leaders of our times. 

At present, the most pressing task before us is to steer the global economy out of difficulty. The global economy has remained sluggish for quite some time. The gap between the poor and the rich and between the South and the North is widening. The root cause is that the three critical issues in the economic sphere have not been effectively addressed.

First, lack of robust driving forces for global growth makes it difficult to sustain the steady growth of the global economy.

The growth of the global economy is now at its slowest pace in seven years. Growth of global trade has been slower than global GDP growth. Short-term policy stimuli are ineffective.

Fundamental structural reform is just unfolding. The global economy is now in a period of moving toward new growth drivers, and the rôle of traditional engines to drive growth has weakened. Despite the emergence of new technologies such as artificial intelligence and 3D printing, new sources of growth are yet to emerge. A new path for the global economy remains elusive.

Second, inadequate global economic governance makes it difficult to adapt to new developments in the global economy.

Madame Christine Lagarde recently told me that emerging markets and developing countries already contribute to 80% of the growth of the global economy. The global economic landscape has changed profoundly in the past few decades. However, the global governance system has not embraced those new changes and is therefore inadequate in terms of representation and inclusiveness.

The global industrial landscape is changing and new industrial chains, value chains and supply chains are taking shape. However, trade and investment rules have not kept pace with these developments, resulting in acute problems such as closed mechanisms and fragmentation of rules.

The global financial market needs to be more resilient against risks, but the global financial governance mechanism fails to meet the new requirement and is thus unable to effectively resolve problems such as frequent international financial market volatility and the build-up of asset bubbles.

Third, uneven global development makes it difficult to meet people’s expectations for better lives.

Dr Schwab has observed in his book The Fourth Industrial Revolution that this round of industrial revolution will produce extensive and far-reaching impacts such as growing inequality, particularly the possible widening gap between return on capital and return on labor.

The richest one percent of the world’s population own more wealth than the remaining 99 percent. Inequality in income distribution and uneven development space are worrying. Over 700 million people in the world are still living in extreme poverty. For many families, to have warm houses, enough food and secure jobs is still a distant dream. This is the biggest challenge facing the world today. It is also what is behind the social turmoil in some countries.

All this shows that there are indeed problems with world economic growth, governance and development models, and they must be resolved. The founder of the Red Cross, Henry Dunant, once said, “Our real enemy is not the neighboring country; it is hunger, poverty, ignorance, superstition and prejudice.” We need to have the vision to dissect these problems; more importantly, we need to have the courage to take action to address them.

First, we should develop a dynamic, innovation-driven growth model. The fundamental issue plaguing the global economy is the lack of driving force for growth. Innovation is the primary force guiding development. Unlike the previous industrial revolutions, the fourth industrial revolution is unfolding at an exponential rather than linear pace. We need to relentlessly pursue innovation. Only with the courage to innovate and reform can we remove bottlenecks blocking global growth and development.

With this in mind, G20 leaders reached an important consensus at the Hangzhou Summit, which is to take innovation as a key driver and foster a new driving force of growth for both individual countries and the global economy.

We should develop a new development philosophy and rise above the debate about whether there should be more fiscal stimulus or more monetary easing. We should adopt a multipronged approach to address both the symptoms and the underlying problems.

We should adopt new policy instruments and advance structural reform to create more space for growth and sustain its momentum.

We should develop new growth models and seize the opportunities presented by the new round of industrial revolution and the digital economy. We should meet the challenges of climate change and aging population.

We should address the negative impact of IT application and automation on jobs. When cultivating new industries and new forms models of business models, we should create new jobs and restore confidence and hope to our peoples.

Second, we should pursue a well-coordinated and inter-connected approach to develop a model of open and win-win cooperation. Today, mankind has become a close-knit community of shared future. Countries have extensive converging interests and are mutually dependent. All countries enjoy the right to development. At the same time, they should view their own interests in a broader context and refrain from pursuing them at the expense of others.

We should commit ourselves to growing an open global economy to share opportunities and interests through opening-up and achieving win-win outcomes.

One should not just retreat to the harbour when encountering a storm, for this will never get us to the other shore of the ocean. We must redouble efforts to develop global connectivity to enable all countries to achieve inter-connected growth and share prosperity.

We must remain committed to developing global free trade and investment, promote trade and investment liberalisation and facilitation through opening-up and saying no to protectionism. Pursuing protectionism is like locking oneself in a dark room. While wind and rain may be kept outside, that dark room will also block light and air. No one will emerge as a winner in a trade war.

Third, we should develop a model of fair and equitable governance in keeping with the trend of the times. As the Chinese saying goes, people with petty shrewdness attend to trivial matters, while people with vision attend to governance of institutions.

There is a growing call from the international community for reforming the global economic governance system, which is a pressing task for us. Only when it adapts to new dynamics in the international economic architecture can the global governance system sustain global growth.

Countries, big or small, strong or weak, rich or poor, are all equal members of the international community. As such, they are entitled to participate in decision-making, enjoy rights and fulfill obligations on an equal basis. Emerging markets and developing countries deserve greater representation and voice.

The 2010 IMF quota reform has entered into force, and its momentum should be sustained. We should adhere to multilateralism to uphold the authority and efficacy of multilateral institutions. We should honor promises and abide by rules. No one should select or bend rules just to suit themselves.

The Paris Agreement is a hard-won achievement which is in keeping with the underlying trend of global development. All signatories should stick to it instead of walking away from it as this is a responsibility we must assume for future generations.

Fourth, we should develop a balanced, equitable and inclusive development model. As the Chinese saying goes, “A just cause should be pursued for the common good.” Development is ultimately for the people.

To achieve more balanced development and ensure that the people have equal access to opportunities and share in the benefits of development, it is crucial to have a sound development philosophy and model and make development equitable, effective and balanced.

We should foster a culture that values diligence, frugality and enterprise and respects the fruits of hard work of all.

Priority should be given to addressing poverty, unemployment, the widening income gap and the concerns of the disadvantaged to promote social equity and justice.

It is important to protect the environment while pursuing economic and social progress so as to achieve harmony between man and nature and between man and society. The 2030 Agenda for Sustainable Development should be implemented to realize balanced development across the world.

A Chinese adage reads, “Victory is ensured when people pool their strength; success is secured when people put their heads together.” As long as we keep to the goal of building a community of shared future for mankind and work hand in hand to fulfill our responsibilities and overcome difficulties, we will be able to create a better world and deliver better lives for our peoples.

China has become the world’s second largest economy thanks to 38 years of reform and opening-up. A right path leads to a bright future. China has come this far because the Chinese people have, under the leadership of the Communist Party of China, blazed a development path that suits China’s actual conditions.

This is a path based on China’s realities. China has in the past years succeeded in embarking on a development path that suits itself by drawing on both the wisdom of its civilization and the practices of other countries in both East and West. In exploring this path, China refuses to stay insensitive to the changing times or to blindly follow in others’ footsteps. All roads lead to Rome. No country should view its own development path as the only viable one, still less should it impose its own development path on others.

This is a path that puts people’s interests first. China follows a people-oriented development philosophy and is committed to bettering the lives of its people. Development is of the people, by the people and for the people. China pursues the goal of common prosperity. We have taken major steps to alleviate poverty and lifted over 700 million people out of poverty, and good progress is being made in our efforts to finish building a society of initial prosperity in all respects.

This is a path of pursuing reform and innovation. China has tackled difficulties and met challenges on its way forward through reform. China has demonstrated its courage to take on difficult issues, navigate treacherous rapids and remove institutional hurdles standing in the way of development. These efforts have enabled us to unleash productivity and social vitality. Building on progress of 30-odd years of reform, we have introduced more than 1,200 reform measures over the past four years, injecting powerful impetus into China’s development.

This is a path of pursuing common development through opening-up. China is committed to a fundamental policy of opening-up and pursues a win-win opening-up strategy. China’s development is both domestic and externally oriented; while developing itself, China also shares more of its development outcomes with other countries and peoples.

China’s outstanding development achievements and the vastly improved living standards of the Chinese people are a blessing to both China and the world. Such achievements in development over the past decades owe themselves to the hard work and perseverance of the Chinese people, a quality that has defined the Chinese nation for several thousand years. We Chinese know only too well that there is no such thing as a free lunch in the world.

For a big country with over 1.3 billion people, development can be achieved only with the dedication and tireless efforts of its own people. We cannot expect others to deliver development to China, and no one is in a position to do so. When assessing China’s development, one should not only see what benefits the Chinese people have gained, but also how much hard effort they have put in, not just what achievements China has made, but also what contribution China has made to the world. Then one will reach a balanced conclusion about China’s development.

Between 1950 and 2016, despite its modest level of development and living standards, China provided more than 400 billion yuan of foreign assistance, undertook over 5,000 foreign assistance projects, including nearly 3,000 complete projects, and held over 11,000 training workshops in China for over 260,000 personnel from other developing countries.

Since it launched reform and opening-up, China has attracted over 1.7 trillion US dollars of foreign investment and made over 1.2 trillion US dollars of direct outbound investment, making a huge contribution to global economic development. In the years following the outbreak of the international financial crisis, China contributed to over 30% of global growth every year on average. All these figures are among the highest in the world.

The figures speak for themselves. China’s development is an opportunity for the world; China has not only benefited from economic globalisation but also contributed to it.

Rapid growth in China has been a sustained, powerful engine for global economic stability and expansion. The inter-connected development of China and a large number of other countries has made the world economy more balanced. China’s remarkable achievement in poverty reduction has contributed to more inclusive global growth. And China’s continuous progress in reform and opening-up has lent much momentum to an open world economy.

We Chinese know only too well what it takes to achieve prosperity, so we applaud the achievements made by others and wish them a better future. We are not jealous of others’ success; and we will not complain about others who have benefited so much from the great opportunities presented by China’s development. We will open our arms to the people of other countries and welcome them aboard the express train of China’s development.

I know you are all closely following China’s economic development. Let me give you an update on the state of China’s economy. China’s economy has entered what we call a new normal, in which major changes are taking place in terms of growth rate, development model, economic structure and drivers of growth. But the economic fundamentals sustaining sound development remain unchanged.

Despite a sluggish global economy, China’s economy is expected to grow by 6.7% in 2016, still one of the highest in the world. China’s economy is far bigger in size than in the past, and it now generates more output than it did with double-digit growth in the past.

Household consumption and the services sector have become the main drivers of growth. In the first three quarters of 2016, added value of the tertiary industry took up 52.8% of the GDP and domestic consumption contributed to 71% of economic growth. Household income and employment have steadily risen, while per unit GDP energy consumption continues to drop. Our efforts to pursue green development are paying off.

The Chinese economy faces downward pressure and many difficulties, including an acute mismatch between excess capacity and an upgrading demand structure, lack of internal driving force for growth, accumulation of financial risks, and growing challenges in certain regions. We see these as temporary hardships that occur on the way forward. And the measures we have taken to address these problems are producing good results. We are firm in our resolve to forge ahead.

China is the world’s largest developing country with over 1.3 billion people, and their living standards are not yet high. But this reality also means China has enormous potential and space for development. Guided by the vision of innovative, coordinated, green, open and shared development, we will adapt to the new normal, stay ahead of the curve, and make coordinated efforts to maintain steady growth, accelerate reform, adjust economic structure, improve people’s living standards and fend off risks. With these efforts, we aim to achieve medium-high rate of growth and upgrade the economy to higher end of the value chain.

China will strive to enhance the performance of economic growth. We will pursue supply-side structural reform as the general goal, shift the growth model and upgrade the economic structure. We will continue to cut overcapacity, reduce inventory, deleverage financing, reduce cost and strengthen weak links.

We will foster new drivers of growth, develop an advanced manufacturing sector and upgrade the real economy. We will implement the Internet Plus action plan to boost effective demand and better meet the individualised and diverse needs of consumers. And we will do more to protect the ecosystem.

China will boost market vitality to add new impetus to growth. We will intensify reform efforts in priority areas and key links and enable the market to play a decisive role in resources allocation.

Innovation will continue to feature prominently on our growth agenda. In pursuing the strategy of innovation-driven development, we will bolster the strategic emerging industries, apply new technologies and foster new business models to upgrade traditional industries; and we will boost new drivers of growth and revitalize traditional ones.

China will foster an enabling and orderly environment for investment. We will expand market access for foreign investors, build high-standard pilot free trade zones, strengthen protection of property rights, and level the playing field to make China’s market more transparent and better regulated.

In the coming five years, China is expected to import eight trillion US dollars of goods, attract 600 billion US dollars of foreign investment and make 750 billion US dollars of outbound investment. Chinese tourists will make 700 million overseas visits.

All this will create a bigger market, more capital, more products and more business opportunities for other countries. China’s development will continue to offer opportunities to business communities in other countries. China will keep its door wide open and not close it. An open door allows both other countries to access the Chinese market and China itself to integrate with the world. And we hope that other countries will also keep their door open to Chinese investors and keep the playing field level for us.

China will vigorously foster an external environment of opening-up for common development. We will advance the building of the Free Trade Area of the Asia Pacific and negotiations of the Regional Comprehensive Economic Partnership to form a global network of free trade arrangements.

China stands for concluding open, transparent and win-win regional free trade arrangements and opposes forming exclusive groups that are fragmented in nature. China has no intention to boost its trade competitiveness by devaluing the RMB, still less will it launch a currency war.

Over three years ago, I put forward the “Belt and Road” initiative. Since then, over 100 countries and international organizations have given warm responses and support to the initiative. More than 40 countries and international organizations have signed cooperation agreements with China, and our circle of friends along the “Belt and Road” is growing bigger. Chinese companies have made over 50 billion US dollars of investment and launched a number of major projects in the countries along the routes, spurring the economic development of these countries and creating many local jobs. The “Belt and Road” initiative originated in China, but it has delivered benefits well beyond its borders.

In May this year, China will host in Beijing the Belt and Road Forum for International Cooperation, which aims to discuss ways to boost cooperation, build cooperation platforms and share cooperation outcomes. The forum will also explore ways to address problems facing global and regional economy, create fresh energy for pursuing inter-connected development and make the “Belt and Road” initiative deliver greater benefits to people of countries involved.

World history shows that the road of human civilization has never been a smooth one, and that mankind has made progress by surmounting difficulties. No difficulty, however daunting, will stop mankind from advancing. When encountering difficulties, we should not complain about ourselves, blame others, lose confidence or run away from responsibilities. We should join hands and rise to the challenge. History is created by the brave. Let us boost confidence, take actions and march arm-in-arm toward a bright future.

The full, original, English text of Xi Jinping's speech at Davos 2017 can be found here (17.01.17).
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Picture: Knights Of Malta. Matthew Festing. Albrecht von Boeselager. Pope Francis.
http://www.thetablet.co.uk/news/6571/0/exclusive-cardinal-burke-and-grand-master-festing-defied-wishes-of-pope-by-sacking-grand-chancellor-

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On Tuesday 6th December 2016, Albrecht von Boeselager (Germany) was sacked from his position as Grand Chancellor of the Knights of Malta. This was in direct defiance of the clearly-stated wishes of the Pope and the Vatican.

The Knights of Malta are Roman Catholicism's oldest military and chivalric Order, dating from the eleventh century CE. The full name they give themselves is The Sovereign Military Hospitaller Order of St John of Jerusalem of Rhodes and of Malta.

Boeselager's dismissal was the result of a conspiracy between the Grand Master of the Order, Matthew Festing (England), and Cardinal Raymond Burke (USA).

The row was presented as having something to do with the distribution of condoms in Africa and Myanmar. It was nothing of the sort. It was an engineered end-time row about conservative spiritual fascism (Festing and Burke) versus liberal and compassionate pastoral policy (the Pope) within Roman Churchianity.

Festing and Burke pretended that Boeselager's sacking was in accordance with the wishes of the Holy See (Pope + Vatican). Cardinal Pietro Parolin, the Vatican's Secretary of State, wrote to Festing clarifying that the Pope did not want Boeselager sacked.

Because the Pope's wishes were countermanded, the Vatican set up a formal investigation into the Knights of Malta. This investigation was led by Archbishop Silvano Tomasi who had a team of four people to assist him with his enquiries: Gianfranco Ghirlanda (former rector of the Pontifical Gregorian University), Marc Odendall (investment banker), Jacques de Liedekerke (lawyer) and Marwan Sehnaoui (President of the Order of Malta in Lebanon).

Matthew Festing told the Pope that the sacking of Boeselager was an internal matter for the Knights of Malta. The Vatican had no right to interfere because the Knights of Malta were a sovereign entity.

Festing was talking nonsense. The Knights of Malta is a Catholic religious Order. The leaders of that Order had each taken solemn religious vows to obey the Pope. The sacking of Boeselager was a naked act of disobedience. The Vatican had every right, after an investigation, to issue a ruling and define a remedy.

For the first three weeks of January 2017, Festing persisted in his view that a papal investigation into the matter was unwarranted. A new compliant placeman, John Critien, was installed as Grand Chancellor by Festing and Burke. Critien wrote to the Order's membership telling them that they could not collaborate with the Pope's investigation because it was judicially irrelevant. No member of the Order could give evidence which contradicted Festing's decision to sack Boeselager.

Critien, like Festing, was talking nonsense. The issue of Boeselager's sacking and the Vatican's consequent investigation into that act was not about the sovereignty of the Knights of Malta; it was about disobeying the Pope and the Holy See.

At that time, exactly what the Vatican would decide to do was not immediately clear. There seemed to be five main possibilities:

(1) Do nothing. Sweep the whole thing under the carpet. Justify this on pastoral grounds by talking about a need to move on and allowing proper time for the healing of wounds. Forgive Boeselager and offer him a spectacular promotion elsewhere.

(2) Sack and/or excommunicate Festing and Critien. Move Burke to a sinecure elsewhere. Reinstate Boeselager.

(3) Sack and/or excommunicate Festing, Critien and every senior First Class Knight who supported them. Move Burke. Reinstate Boeselager.

(4) Dispense Festing, Critien and all their First Class allies from their religious vows of poverty, chastity and obedience. As many as thirty individuals might be involved. According to the Order's rules, these thirty could not then continue in leadership placements because in Canon Law they would no longer be solemnly professed religious. Move Burke. Reinstate Boeselager.

(5) Appoint an external commissioner over the heads of Festing and Burke. Vatican takes control of every aspect of the Order's administration, including appointments, management, documents, website, buildings, lands, treasure, finance and Constitution. Reinstate Boeselager. Express disappointment at the mass resignations from the Order which would follow this course. If Burke doesn't resign, move him.

In the event, on Tuesday 24th January 2017, Matthew Festing had a meeting with the Pope. After this meeting he was asked to resign. Burke spent nearly an hour trying to dissuade him. Festing, however, did resign. There was deep dissatisfaction inside the Order with his leadership.

His resignation was formally accepted by the Sovereign Council of the Knights of Malta on Saturday 28th January 2017. During that meeting, Matthew Festing was heard to describe the Pope as his enemy.

In the view of many in the Order, Festing had become an anachronistic anti-Papal nuisance, hankering after a quaint return to 1950s-style Catholicism, the old rite Latin Mass and top-down autocratic leadership.

Matthew Festing's interim replacement as Grand Master of the Knights of Malta was Ludwig Hoffmann-Rumerstein (Austria). Albrecht von Boeselager was reinstated as Grand Chancellor.

At the time of Festing's resignation, the Pope also appointed a pontifical delegate for the Knights of Malta, who would act above and over the head of Raymond Burke as the Order's chief liaison with the Holy See. Burke was still technically in office as patron of the Order, but was out of power.

The name of the pontifical delegate was not made public until Saturday 4th February 2017, when it became clear that Archbishop Giovanni Becciu had been designated. He was to be the Pope's sole spokesman on all matters to do with the Knights of Malta. Beccui was also charged with the task of overseeing a moral and spiritual renewal of the Order with a special focus on the fully-professed knights such as Festing and Critien.

Within the Knights of Malta, there are only 55 fully-professed knights out of a total worldwide membership of 13,500. In recent times the impression has been given that this élite group has been using the charitable work of the Order as an expedient cover for geopolitical machinations and forced influence. Such behaviour seems to be signally at odds with the spiritual emphases of the group's religious vows to obey the Pope. It also appears to be manifestly out of harmony with the culture of the lay majority in the organisation who do the visible public work.

A senior Knights of Malta insider, Erich Lobkowicz (Germany), said that the row had  been a battle between all that Pope Francis stood for and a tiny clique of ultraconservative frilly old diehards in the Church; diehards who had missed the train in every conceivable respect.

The Pope himself was known to be wary of Catholic chivalric orders, which he worried could show signs of profligacy and spiritual worldliness. And the Knights of Malta, in particular, badly mishandled a child sex abuse scandal when Matthew Festing was in charge of the Order.

The Pope-given task of the newly-imposed pontifical delegate was to work closely with Ludwig Hoffmann-Rumerstein to ensure a spiritual and moral renewal of the Knights of Malta. Under Burke and Festing, spiritual formation processes for the fully-professed Knights had been insufficiently robust.

More Knights of Malta news background can be found here (04.01.17), here (05.01.17), here (09.01.17), here (10.01.17), here (12.01.17), here (13.01.17), here (16.01.17), here (17.01.17), here (25.01.17), here (30.01.17), here (03.02.17), here (04.02.17) and here (06.02.17).

There is, of course, a bigger picture on the reverse of this élite public portrait. It is an occult image. In attempting to block the gold-backed benevolence of the Asia-led global currency resets and their associated humanitarian and prosperity funds, the Order has hazarded its own survival.

At this fast-moving end-time moment, the Knights of Malta find themselves frozen on the wrong side of history, slow-cursed by ancient documents they can't control. The more percipient among them will be aware of two geopolitical certainties: (1) Books will be opened; (2) The old centre cannot hold.
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Picture: Madame Stuart Merrill by Jean Delville.
https://4.bp.blogspot.com/-RSUEZ2OxhQY/WHzktl8CMKI/AAAAAAAAIpg/8aL3NQJaEZA5kZucM5laNJ3srYlA74hKwCLcB/s1600/Black%2BMould%2B-%2BThe%2BBadger%25E2%2580%2599s%2BSong%2Bby%2BMicha%25C3%25ABl%2BBorremans.%2B%25231ab.jpg?SSImageQuality=Full

Picture: Books will be opened.
https://2.bp.blogspot.com/-7EaMN1J2bCo/WHzj5qsSicI/AAAAAAAAIpU/Rp2CCs-I_zITcB5PRuAoC6Vj-2T5wWw7QCLcB/s1600/Global%2BBenevolent%2BChi-Rho%2Bmonogram.%2B%25231ab.jpg?SSImageQuality=Full

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More Knights of Malta occult background can be found here, here, here, here, here, here, here, here, here and here. And more about the equivocal symbology of Western Churchianity can be found on our Cuba Crucifix page here.

Picture: In Knights of Malta Land. Matthew Festing. Raymond Burke.
https://3.bp.blogspot.com/-Ga0syWYQvfI/WJh8fE35NSI/AAAAAAAAIqw/DVhZPsfk2i0sMKeQPqMJaiSsFQBfNLl8gCLcB/s1600/In%2BKnights%2Bof%2BMalta%2BLand.%2BMatthew%2BFesting.%2BRaymond%2BBurke.%2B%2528Two%2529%2B%25231ab.jpg?SSImageQuality=Full
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This Knights of Malta feature has now been updated with additional links and archived on a separate blog page here. ...........................................................................
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Picture: Poland. Is PiS setting up a constitutional crisis in Warsaw?
https://diem25.org/right-wing-lawmakers-curb-freedom-of-press-in-poland/

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More on the Poland problem here (26.02.17), here (16.02.17), here (17.12.16) and here (12.01.17).
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Picture: Japan. Akihito & Yoshiaki Kobayashi. South Korea's gold bunkers.
http://neilkeenan.com/neil-keenan-update-the-final-battle-lines-are-being-drawn/

Picture: Japan. Hisashi Owada. Princess Masako. House of Habsburg. BIS.
http://www.fourwinds10.net/siterun_data/government/new_world_order/news.php?q=1483625840

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It is reported that there is considerable legal confusion and financial panic in and around the Japanese Royal Family in Tokyo.

At the end of December 2016, Hisashi Owada was arrested in Switzerland. It is said that he was unlawfully attempting to cash in some Sino-Japanese war reparations bonds at the Bank for International Setllements in Basel. Only the Emperor of Japan can do that. Hisashi Owada is not the Emperor of Japan; he is the father of Crown Princess Masako.

Hisashi Owada is a judge and a former President of the International Court of Justice in The Hague. He is an international legal scholar with connections at the United Nations and the OECD. Owada is also said to be a bought-and-paid-for agent of the US Rogue Faction.

This covert American grouping has just lost the US presidential election to Donald Trump and is fast losing influence not just in America, but all over the world in its former slave states. Japan is one of those. Others in the region are South Korea and Taiwan.

The talk in Tokyo is that Hisashi Owada has no Japanese royal blood in him, and nor does his daughter, Masako. She was secretly infiltrated into the Imperial Family at the insistence of the Americans.

A further complication for bloodline purists in Tokyo concerns the Japanese bona fides of the Meiji Emperor (1867-1912). His mother, it has been discovered, was a European princess from the House of Habsburg.

The present Emperor of Japan, Akihito, is expected to formalise his abdication in April 2017. He too is rumoured to be a US-inserted impostor without legitimate royal blood.

More background here (05.01.17).

........................................................................... Picture: US Rogue Faction. Getty Center (CA). DIA (CO).
http://benjaminfulford.net/2016/12/26/trump%E2%80%99s-chain-will-be-jerked-if-he-tries-to-stop-the-takedown-of-war-criminal-benyamin-netanyahu/

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More here (05.01.17) and here (09.01.17).
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Picture: Russia and Ukraine. Vladimir Putin and Petro Poroshenko.
http://en.kremlin.ru/events/president/transcripts/53573#sel=103:51,103:61

Picture: Nexus Newsfeed.
https://NexusNewsfeed.com

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NEXUSNewsfeed is a free, 24/7, digital, Alternative News site viewable on computers and devices via a free app. It can be accessed anonymously. Its content is curated: no ClickBait; no fake news; no gossip. The editor is Lynelle Roads.

NEXUSNewsfeed has been formed by the incorporation of the former Alternative News Project (ANP) into NEXUS Magazine.

NEXUS Magazine is a commercial publication edited by Duncan Roads from an office in Maleny, Queensland, Australia. This paid-for magazine does, however, offer a selection of 98 free articles from its back catalogue. These include:

Simon Parkes on Aliens and the Illuminati
(22.05.15 - pdf 7pp)

How the Mind Changes Genes Through Meditation
(21.10.14 - pdf 5pp)

Power Struggles and Murders in the Vatican
(30.11.11 - pdf 6pp)
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Picture: Opus Dei and the US CIA.
http://www.bibliotecapleyades.net/vatican/esp_vatican59.htm

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On Monday 12th December 2016, Javier Echevarría Rodríguez (84), the Prelate of Opus Dei, died in Rome (Italy). There has been some discussion on the web about whether or not his was a natural death. The official line is that it was.

Opus Dei is an influential Roman Catholic grouping with close ties to the Knights of Malta. It has senior traction within the Vatican.

A geopolitical question is being put: Was there a demonstrable and documented operational connection between Opus Dei's Javier Echevarría Rodríguez & the US CIA Rogue Faction? This (now diminishing) Nazi continuum faction is understood to have been energised until quite recently by the US Bush syndicate.

More here and here. And more about Opus Dei here and downpage here.
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Picture: Beatrix Wilhelmina Armgard + bloodline. Netherlands.
https://3.bp.blogspot.com/-g8P6Er5A-Bg/WEltLpVvU8I/AAAAAAAAIlI/fyTUzhK8jQsGnVLGf3z2CUS2XVTOw2dEgCLcB/s1600/We%2Bare%2Bmore%2Bthan%2Byou.%2BWe%2Bare%2Bbetter%2Bthan%2Byou.%2BBring%2Bout%2Byour%2Bbankers.%2B%25231ab.jpg?SSImageQuality=Full

Picture: Beatrix Wilhelmina Armgard. Netherlands. Mitsubishi. Indonesia.
https://1.bp.blogspot.com/-I9tS__kL9nk/WEq_UU27f-I/AAAAAAAAIlg/41H1qINj2xkuYHOTep33uyTO6D0gWBF6ACLcB/s1600/Pic%2B%2528medium%2529%2B-%2BBeatrix%2BDocs%2B1%252C2%252C3.%2B%2528Three%2529%2B%25231ab.jpg?SSImageQuality=Full
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In 2012, Beatrix Wilhelmina Armgard (the Queen of The Netherlands at that time; now abdicated) screwed up on a financial transaction which would have brought her family 3% of a $2.13 Trillion deposit in Asia, and the rest of The Netherlands people 2% of that $2.13 Trillion.

3% of $2,130,000,000,000 = $63,900,000 before tax.
2% of $2,130,000,000,000 = $42,600,000 before tax.

These are useful sums. But it is reported that Beatrix wanted the whole $2.13 Trillion for herself and her family, and nothing at all for the other people of The Netherlands.

She, her family, and the people of The Netherlands ended up getting nothing at all because of Beatrix's maladministration of the financial instrument involved.

The financial instrument concerned was (and still is) a Certificate of Deposit held at the Bank of Toyko Mitsubishi (Japan). The $2.13 Trillion deposited is owned by the depositor: the Asian Dragon Family. The lead signatory is Akihiko Yamaguchi. Unlimited Power of Attorney is held by Neil Keenan.

More detail, including pertinent documents, can be found downpage here (30.11.16).  The document images, widely distributed on the web, are linked separately here, here and here.

Since November 2015, Neil Keenan has also been M1 Monetary Controller of the Global Collateral Accounts.

Beatrix is now said to be attempting, covertly, to extort big money out of Indonesia, which was formally a Netherlands colony called the Dutch East Indies. A new financial instrument has been unlawfully magicked into existence to help Beatrix to do this. It is being called a “Debt Repayment.”

The idea here is that for some reason Indonesia, having been despoiled, raped and looted by the Dutch in colonial days, should now retrospectively pay The Netherlands for that service.

In contradistinction, others are suggesting that substantial colonial reparations should, in fact, be paid by The Netherlands to Indonesia to atone for their unilateral imperial pillage.

Whether the President of Indonesia, Joko (Jokowi) Widodo, and his government and advisors, are taken in by Beatrix Wilhelmina Armgard's end-time machinations remains to be seen.
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Picture: The last goodbye. Vladimir Putin (Russia) & Barack Obama (US). APEC2016.
http://en.kremlin.ru/events/president/transcripts/53284#sel=34:1,36:113

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Picture: Chemtrails. Aluminium Oxide. Barium. Strontium. Bioweapons. Morgellons.
https://2.bp.blogspot.com/-cuaJtxYINzk/WDSNR4sf0nI/AAAAAAAAIjc/tad2OLG0oUEaSL8AjLZotEOaI4U4opiZgCLcB/s1600/Chemtrails.%2BCovert%2Batmospheric%2Bpollution%2Bprograms.%2B%25231ab.jpg?SSImageQuality=Full

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Picture: HAARP. Weather warfare (droughts, tornadoes). Geoweaponry.
https://4.bp.blogspot.com/-WFMsAr3xtRE/WDcg42XPBsI/AAAAAAAAIj8/DQGDfyQDHAYpvooOl2RyqftBLDTaeCkagCLcB/s1600/HAARP%2BTwo.%2BWeather%2Bmanipulation.%2BWeather%2Bwarfare%2B%2528droughts%252C%2Btornadoes%2529.%2BGeoweapons%2B%2528earthquakes%252C%2Bvolcanoes%2529.%2B%25231ab.jpg?SSImageQuality=Full
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In Asia, at full moon on Wednesday 25th November 2015, Neil Keenan was elected M1 Monetary Controller of The Global Collateral Accounts. These accounts contain many quadrillions of gold and asset-backed securities ($93Q are said to have been audited). Most are owned by Asian depositors.

Keenan was the first person to be legitimately elected M1 since President Sukharno of Indonesia, who died in 1970. Since then there have been many impostors promoted as M1 by agents of the US Rogue Faction. In recent years there have been many unsuccessful attempts by agents of the US Rogue Faction to assassinate Neil Keenan.

In November 2016, after Donald Trump had won the US Presidential Election against the US Rogue Faction's Hillary Clinton, he and his transition team sought Neil Keenan's recommendations for executive consideration.

Keenan advised that immediate actions should include: (1) Cessation of Chemtrail spraying; (2) Cessation of the HAARP programs; (3) Curtailing of GMO/weaponised foods; (4) Curtailing of vaccination bioweapons; (5) Halting UN Agendas 21 & 30; (6) Stopping the administration of toxic agrichemicals; (7) Stopping the privatisation of water supplies; (8) Gold-backing the US Dollar directly through the US Treasury; (9) Taking legal action against the US Federal Reserve System (a private corporation); (10) Taking legal action against the US Inland Revenue Service (a constitutionally illegal foreign entity).

Much else of a technical nature to do with attempted élite heists of Asian gold and large denomination (trillion/quadrillion) bonds was also advised.

More detail of the Keenan ► Trump document and its background can be found here (19.11.16).
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Picture: Under Donald Trump, will the US pivot to Asia & join the AIIB?
https://3.bp.blogspot.com/-LuNr4_rNSiY/WC9Hed9W19I/AAAAAAAAIis/z7M0ACNSZxczEueRvtP74LRSk1arCR8vgCLcB/s1600/Donald%2BTrump%2B%2528US%2529%2Band%2BShinzo%2BAbe%2B%2528Japan%2529.%2BTrump%2BTower%252C%2BNew%2BYork%2BCity%252C%2BUSA.%2BThursday%2B17th%2BNovember%2B2016.%2B%25231ab.jpg?SSImageQuality=Full

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Under Donald Trump, will the US pivot to Asia economically and, with a post-Abe Japan, become a member of the China-based Asian Infrastructure Investment Bank (AIIB)?

Geopolitically, what is needed is not the UN 2030 Agenda (details here and here), benevolent though much of that élite PsyOp may appear on the surface.

Rather, a much bigger political, humanitarian, environmental and financial global reset is required, coordinated by a new, reformed, international body, with non-fiat, gold-backed funding. More than enough gold is ready in Asia and elsewhere to resource this.

The problem is that at the moment, the UN is known to be a corrupt US private corporation, serving as a money laundry for the global élite. This also goes for the 1944 Bretton Woods Institutions, such as the World Bank, the IMF, and the World Trade Organisation. These, like the UN, are said to be puppeteered for the benefit of the (now bankrupt) G7 fiat banking syndicate and its controlling bloodline oligarchs.

A new UN HQ is reported to have been built in China to receive a new, benevolent global organisation. This could be called the United Nations, once the old US UN corporation has been dissolved, or it could be called something else completely. Every sovereign nation on the planet would be a member by right, providing that it was not a creature of corrupt oligarchic or corporate governance.

The AIIB has a very clear and firm policy on Prohibited Practices. These include Coercive Practice, Collusive Practice, Corrupt Practice, Fraudulent Practice, Obstructive Practice, Misuse of Resources and Theft. More details here (pdf 17pp).

As a conduit, the AIIB and its BRICS associate organisations are considered to be better-fitted to take over the global management of large, benevolent, gold-backed fund flows than the outdated UN or Bretton Woods Institutions.

More current and ongoing geopolitical background can be found here (17.11.16) and here (19.11.16).
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Picture: By the end of 2016, 1.6B Muslims will have a new Islamic Gold Standard.
http://www.zerohedge.com/print/news/2016-11-17/islamic-gold-game-changer-gold-market

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By the end of 2016, 1.6 billion Muslims worldwide will have a new Islamic Gold Standard for the first time in modern history.

The new standard is expected to act as an internationally-recognised consensus on regular gold savings plans (gold accumulation plans), allocated and segregated gold bullion storage, gold certificates, physically-backed gold Exchange Traded Funds (ETFs), some gold futures and gold mining equities.

The World Gold Council has stated that we can expect to see an additional demand for hundreds of tonnes of gold, once the Sharia gold standard has been approved. The requisite approval for this was announced on Monday 5th December 2016, at the 23rd annual World Islamic Banking Conference in the Amwaj Islands, Bahrain.

If just 2% of the assets currently managed by Islamic financial institutions are invested into Sharia-compliant gold products, then we should expect to see over 1,000 tonnes of additional gold demand.

What will this Islamic financial reform do to the price of physical gold in the existing global markets after 5th December?

More here (17.11.16).
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Picture: EU - Why does the ECB refuse to physically audit its gold?
https://www.bullionstar.com/blogs/ronan-manly/european-central-bank-gold-reserves-held-across-5-locations-no-physical-audits-will-not-disclose-gold-bar-list/

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The European Central Bank (ECB), creator of the EuroZone's new-fangled fiat Euro currency, currently claims to hold 504.8 tonnes of gold reserves.

These gold holdings arose from transfers made to the ECB by Euro member national central banks, mainly in January 1999, when the Euro was born.

At the end of December 2015, these ECB gold reserves were valued at €15.79 billion on the ECB balance sheet.

The ECB says that its gold reserves are stored across five international locations. It also says that it does not physically audit its gold, nor does it divulge a bar list or weight list of these gold bar holdings.

Why is the ECB being so coy? Are its gold holdings illusory? Are they based on fake certificates? Are they predicated on Asian-owned gold in the Global Collateral Accounts to which the ECB has no legitimate title? Exactly how fake is the financial underpinning of Europe's EuroZone currency?

More here (15.11.16).
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Picture: Asia. M1. Gold. Global humanitarian and currency resets.
http://neilkeenan.com/history-events-timeline/


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