The currencies of most developing nations are routed with regularity. I have an overall theory about why this happens. They are set ups. There is literally a parasite cabal, or guild, that promotes and exploits these situations. Take for example Argentina, where the guild is adept at promoting a government that employs poor economic principles.
Enter the Krugman Factor. (((Paul Krugman and his ilk))) are planted mouthpieces to promote the idea of money printing and bankrupt fiscal policies to unsophisticated foils. Another plant is the well-placed (((Robert J. Shapiro))) [see “Exploring the Dark Lobbies of Vulture Hedge Funds“].
At some point, a rope is put around the neck of countries like Argentina, and they are strangled. In effect, the funds dry up. The preferred method of the Parasite Guild is to swoop in and buy up that country’s debt at distressed prices. The end goal is extortion to privatize gains and have the public take the losses.
In developed countries, this debt is then dumped for a profit on central banks and national treasuries run by other guild members. Mysteriously, the debt of defacto bankrupt countries — like Italy, Spain, Greece and the United States — enjoy massive rallies. This is happening today as a result of Covid-19 money printing and bond purchases by central banks. In this phase, the guild registers huge gains and the foil is dug an even deeper grave.
Note the second chart that shows the clear beneficiaries of this market manipulation.
A star member of the Parasite Guild is (((Paul Elliott Singer))), the primary actor involved in Argentina debt default. Singer operates free from serious U.S. press coverage. That’s likely because the mainstream media in the U.S. is largely owned by the Cabal.
After Argentina wrecked itself under a mountain of debt, Singer accumulated defaulted Argentine debt on the cheap. He then took Argentina to court to collect. The (((lap-dog judges))) that preside over the case are members of the “New York courts,” a branch of the same Cabal. This is the model for the coming rash of sovereign defaults and vulture attacks once the Covid-19 inflationary bubble bursts the bond markets, which are almost fully addicted to central bank heroin. This can only be characterized as a debt-slave war.
Incidentally, as soon as Argentina defaulted on its debt in 2001, foreign capital soon was lending large sums to it at a relatively low interest rate. This is happening today in heavily indebted countries like Greece, Spain and Italy. Once countries approach yet another default, rates will skyrocket.
In a warm-up drill for the debt-slavery game in 1996, Elliott bought defaulted Peruvian debt for a reported $11.4 million. In 1998, a U.S. court ruled that one could not buy debt with the sole purpose of suing the debtor. The ruling was overturned, and Singer won a $58 million judgment in 2000.
After Argentina defaulted on its debt in 2002, NML Capital, a unit of Singer‘s, refused to accept its offer to pay less than 30 cents on the dollar on debts that originally amounted to over $182 million. Singer assess the debt at $2.3 billion.
In early October 2012, NML arranged for the seizure of an Argentinian naval vessel in Ghana, the ARA Libertad, in an effort to strong arm Argentina into paying its debt. Argentina, however, refused to pay and shortly thereafter regained control of the ship and removed it from Ghanaian waters.
In a November 2012 Huffington Post piece, Argentinian Foreign Affairs Minister Hector Timerman harshly criticized Singer for attempting to collect on the debt. He called Singer “the inventor of vulture funds.”
Timerman argued that the $127 million Singer had previously received from the Republic of Congo to settle a $400 million debt acquired for $10 million “should be going to build roads, schools and other poverty reduction programs.”
In his investor letter for the fourth quarter of 2012, Singer described Argentina’s response to the court’s ruling as “defiant and acrimonious,” saying that its dismissal of the ruling as “judicial colonialism” was “puzzling” given that Argentina had chosen “to submit itself to the jurisdiction of New York courts and to waive its sovereign immunity.” This loaded jurisdiction clause is written into the legalese of most bonds upon issuance.
In March 2013, Argentina offered a new plan that was judged unlikely to be acceptable to the New York courts.
On Aug. 23, 2013, the Second Circuit of the U.S. Court of Appeals affirmed the lower court’s verdict and dismissed said plan. The final step was bringing in a stooge government in Argentina that gave the parasite guild what they wanted.
Today, Argentina’s economy and society is in utter collapse. Neighboring Brazil is seeing serious financial fallout, and there is fear of contagion. There are lots of new ducks all over the world being lined up for the Parasite Guild operatives.
Paul Eliott Singer is no dummy. Connect the dots on what he sees coming. Both Soros and Singer see Europe as the prize. And the U.S.? Rest assured. The Cabal has its moles planted to administer Dodd-Frank and to oversee the FDIC “transfer of assets” phase.
From Grant’s Interest Rate Observer:
CRISIS OF THE FUTURE: Make no mistake, Paul Singer, founder and president of Elliott Management Corp., told the Grant’s audience, the next financial crisis will be a doozy. It could be doozier even than the 2007-09 affair from which we have learned all too little, Singer continued. GAAP is no more informative than it was, our mighty financial institutions are as complex and vulnerable as before, “too big to fail” has, in fact, been enshrined into law. European debt troubles are a new crisis menu item, the American entitlement mess a familiar one.
“Dodd-Frank radically changed bankruptcy law to enable the FDIC to seize financial companies which are thought to be in danger of default,” observed Singer, a lawyer in his pre-Wall Street life. “Prior law for decades required, of course, actual default or a voluntary filing by management. The seizure process in Dodd-Frank takes two — count them — two days, and is thus essentially unreviewable and unappealable. The FDIC is also ordered, pursuant to Dodd-Frank, to toss out management and seek damages from people, including third parties, who are ‘responsible’ for the financial condition of the troubled company. It also enables the FDIC to transfer assets willy-nilly out of the corporate entities where they reside, thus making the analysis of one’s counterparty impossible.'”
Enter the Vatican
Of late, there has been a twist on this play. The Vatican recently announced the launch of its “historic new partnership” with “some of the world’s largest investment and business leaders.” It’s called the Council for Inclusive Capitalism (aka the Kakistocracy).
The council, in its press release announcing the globalist business alliance, employed this new-think, double-bind narrative: The council’s formation “signifies the urgency of joining moral and market imperatives to reform capitalism into a powerful force for the good of humanity” and “under the moral guidance” of the anti-pope, it says it “invites companies of all sizes to harness the potential of the private sector to build a fairer, more inclusive and sustainable economic foundation for the world.”
What the f– does that even mean — not the words, the meaning behind them.
For further reading on newspeak, lies and propaganda:
“Reform capitalism” translated: centralized plutocrat communist capitalism. Will they be announcing an ETF named PEDO just to rub it in peoples’ faces? Pederast priests and faux religious mafia joining up with corrupt rent-seeking corporatists to try and run the world.
Rent seeking defined:
- Rent seeking is an economic concept that occurs when an entity seeks to gain wealth without any reciprocal contribution of productivity.
- The term rent in rent seeking is based on the economic definition of “rent,” which is defined as economic wealth obtained through shrewd or potentially manipulative use of resources.
- An example of rent seeking is when a company lobbies the government for grants, subsidies, or tariff protection.
A “core group of global leaders,” called the Guardians for Inclusive Capitalism, “meet annually with Pope Francis and Cardinal Turkson. The group represents “more than $10.5 trillion in assets under management, companies with over $2.1 trillion of market capitalization and 200 million workers in over 163 countries.” Fake do-gooders pretending to care about humanity.
This is not rocket science, folks. The 0.001% Crime Syndicate plutocracy who own the bulk of the wealth pyramid are organizing another exclusive club teamed up with the anti-pope Francis to run herd over the rest. These New Underworld Order Luciferians have the audacity to preach and make it about equity.
Rubber meets the road: These same companies laid off workers by the millions during their scamdemic, and the wealth at the top of the pyramid has surged parabolically during the scamdemic largess phase.
So let me get this straight. The most powerful people on Earth — a literal global Crime Syndicate — is joining forces with the Vatican to preach to the plebs about global sustainability, identity politics and Orwellian enslavement. You can’t make this shit up.
This council will follow the warning from Pope Francis to listen to “the cry of the earth and the cry of the poor.” Just invert. It will be used to fund satanic and anti humanist practices that are most harmful to the weakest people.
“Equitable and sustainable model of growth” translated: The proles must eat grubs while the “global elite” and anti-pope Satanists wipe their bottoms with $100 bills.
The head mucky muck and founder of Inclusive Capital is one Lynn Forester de Rothschild. Seriously, you can’t make this up. The Rothschilds are the custodians of the Papal Treasure, among other big religious trusts. Jacob and Evelyn control this group, too.
Additionally, names like Mohamed El-Erian and Larry Fink (Blackrock) can be found on the group’s board of directors. Among the other Guardian mucky mucks are the whos who of the hardcore made men and globalists. This is a solid boycott list along with Facebook and Google.
- Ajay Banga, president and CEO of Mastercard
- Oliver Bäte, chairman of the board of management for European multinational financial services firm Allianz SE
- Marc Benioff, chairman, CEO and founder of Salesforce
- Edward Breen, executive chairman of chemical giant Dupont
- Mark Carney, COP26 financial advisor to the British prime minister and United Nations special envoy for Climate Action and Finance
- Carmine Di Sibio, global chairman and CEO of investment firm EY (formerly known as Ernst & Young)
- Brunello Cucinelli, executive chairman and creative director of Italian luxury fashion brand Brunello Cucinelli S.p.A.
- Roger Ferguson, president and CEO of financial services firm Teachers Insurance and Annuity Association of America (TIAA)
- Kenneth Frazier, chairman of the board and CEO of multinational pharma firm Merck & Co., Inc.
- Fabrizio Freda, president and CEO of luxury cosmetics firm The Estée Lauder Companies
- William Lauder, executive chairman of luxury cosmetics firm The Estée Lauder Companies
- Marcie Frost, CEO of the California Public Employees’ Retirement System (CalPERS)
- Alex Gorsky, chairman of the board and CEO of multinational pharma firm Johnson & Johnson (J&J)
- Angel Gurria, secretary general of the Organisation for Economic Cooperation and Development (OECD)
- Alfred Kelly, chairman and CEO of Visa, Inc.
- Bernard Looney, CEO of British Petroleum (BP)
- Fiona Ma, Treasurer of the State of California
- Brian Moynihan, chairman of the board and CEO of Bank of America
- Deanna Mulligan, president and CEO of Guardian Life Insurance Company of America
- Ronald P. O’Hanley, president and CEO of State Street Corporation, a financial services and bank holding company
- Rajiv Shah, president of The Rockefeller Foundation
- Tidjane Thiam, board member of Kering Group, a multinational French luxury goods company
- Darren Walker, president of the Ford Foundation
- Mark Weinberger, former chairman and CEO of EY and board member of J&J, MetLife insurance company and Saudi Aramco (aka The Saudi Arabian Oil Company)
Typical of the programs already announced are ones that only hire blacks without four-year degrees. In what to our sensibilities looks like more plutocrat racial discrimination and ignoring of the Constitution and Civil Rights Act, companies listed above, such as GM and Merck, joined the group and pledged one million “black hires” in a decade. Reverse the wording to “group pledging one million white hires” and what would the reaction be? The Civil Rights laws applies to thee, but not to me.
The Davos/Bilderberg New Underworld Order cabal — who hate our guts and call us racists and deplorables — and the Wall Street banksters who’ve looted the country of trillions of dollars before, during and after the 2008 financial collapse (and now during the scamdemic) are now joined by the Marxist-Communist anti-Pope. The goal? To introduce a new, kinder, gentler, form of capitalism and government for our benefit? Give me a f’ing break.
Welcome to the Global Awakening vs. The Great Reset — or more simply known as Good vs. Evil.
Game on, Mofos.