Friday, March 7, 2014

Ken's Blog: The IMF's transition to BRICS control could begin as early as next month

Source Link:   http://blog.redefininggod.com/2014/03/07/the-imfs-transition-to-brics-control-could-begin-as-early-as-next-month.aspx

While I was researching for an entry on the IMF takedown of the first Arab Spring country, Tunisia, I came across an interesting Reuters article titled Exclusive: Russia wants IMF to move ahead on reforms without U.S. - sources. Upon reading it, I started looking into some things and found the following....

The G20 Finance Ministers and Central Bank Governors met in Sydney on the very same day the Ukraine takedown took place (on February 22, a numerological master number)...
...Is that just a coincidence?

And did the Ukraine situation set in motion a public justification for what they'll do at their next meeting on April 11 (another master number)?...

According to the Reuters article...

>>>Russian officials are pushing for the International Monetary Fund to move ahead with planned reforms without the United States, which could mean the loss of the U.S. veto over major decisions at the global lender... the G20 generally agreed to give the United States until the April meetings of the IMF and World Bank before taking more aggressive measures... "It was agreed that in the absence of progress by the United States on the 2010 package by the April meeting of the IMF and G20, that there will be formulated a list of 'bad options,' which will allow to move forward in this matter, excluding the opinions of the United States"...<<<

The reforms being referenced are the IMF Quota and Governance Reforms of 2010, which would increase the voting power of the BRICS within the organization. The details of this realignment are found in this IMF factsheet...

>>>The 14th General Review of Quotas will:

    >double quotas from approximately SDR 238.5 billion to approximately SDR 477 billion, (close to US$725 billion at current exchange rates).
    >shift more than 6 percent of quota shares from over-represented to under-represented member countries.
    >shift more than 6 percent of quota shares to dynamic emerging market and developing countries (EMDCs).
    >significantly realign quota shares. China will become the 3rd largest member country in the IMF, and there will be four EMDCs (Brazil, China, India, and Russia) among the 10 largest shareholders in the Fund, and
    >preserve the quota and voting share of the poorest member countries. This group of countries is defined as those eligible for the low-income Poverty Reduction and Growth Trust (PRGT) and whose per capita income fell below US$1,135 in 2008 (the threshold set by the International Development Association) or twice that amount for small countries.

A comprehensive review of the current quota formula was completed in January 2013, when the Executive Board submitted its report to the Board of Governors. The outcome of this review will form a basis for the Executive Board to agree on a new quota formula as part of the 15th Review. Completion of the 15th General Review of Quotas has been brought forward by about two years to January 2014.
<<<

Basically, this realignment is behind schedule because the US Congress has not approved a key part of it, so the public narrative now says that the Russians are pushing for the rest of the G20 to take more aggressive action by bypassing the US. I say this is the "public narrative" because the globalists have been preparing for this shift in leadership for a long time, and the information leaks and dramas with which the public are being presented is to make it look like this happened "by accident," not by plan.

So as we head into April 11...

> We have the whole Ukrainian situation going on, for which the US and EU are being blamed (even though I've shown in the previous two entries that the Russians were on board with the IMF takeover and financial rape).

> We have talk of economic warfare between the US/EU and Russia, with Russia warning that US sanctions against Moscow would "hit the United States like a boomerang"  and with China siding with Russia.

This presents the perfect setup for economic turbulence and for the "Eastern Alliance" to strike back against the "Western Cabal" by wresting away leadership of the IMF... just like the globalist playbook calls for. We are witnessing the equivalent of professional wrestling on the international stage.

"And The Bric knocks The Cabal down for the count!"...

Much love....


http://blog.redefininggod.com/2014/03/07/the-imfs-transition-to-brics-control-could-begin-as-early-as-next-month.aspx