@KarenHudes .@abhiruproy30 India is caught in the vise of the insolvent Banking Cartel

27 Dec


.@abhiruproy30 India is caught in the vise of the insolvent Banking Cartel https://s3.amazonaws.com/khudes/Twitter12.25.16.pdf

Global Debt Facility

Prime Minister Narendra Modi’s decision on November 8th to “demonetize” India by removing its Rs 500 and Rs 1000 banknotes can only be understood by realizing that all of the banks in the world are part of a huge conglomerate that the three mathematicians who discovered this arrangement call the “Network of Global Corporate Control.” Stefania Vitali, James B. Glattfelder, and Stefano Battiston at the Federal Institute of Technology in Zurich, Switzerland identified the “network of global corporate control in
http://arxiv.org/PS_cache/arxiv/pdf/1107/1107.5728v2.pdf. This network is often referred to as the “Banking Cartel.”

Modi had given a deadline of December 30 until which people can exchange their old Rs 500 and Rs 1000 bills with new notes. But long queues at banks and ATMs are still being reported as the Reserve Bank attempts to pump new notes into the market. The government has maintained that the radical move to demonetise notes will end corruption, slash at the roots of terrorist funding from counterfeit notes and flush out black money from the economy. It also said the move will help India turn into a cashless’ economy that thrives on digital transactions. These are lies intending to cover-up what the Banking Cartel really intends. The Banking Cartel is trying to dominate the entire world.

The Banking Cartel is insolvent and in its death throes. The Banking Cartel issued bonds in the 1930’s which are now held by a trust established at the end of WWII called the Global Debt Facility. Together with accrued interest, these bonds are now worth over 2 quadrillion dollars.
The Global Debt Facility is managed by the 189 Ministers of Finance and Development on the Board of Governors of the World Bank and IMF under the Bilateral Minesfield Breakthrough Successor Agreement.
https://s3.amazonaws.com/khudes/BILATERAL.pdf I am the Overseer Mandate Trustee of the Global Debt Facility, and I have recorded this debt of the Banking Cartel in UCC Financing Statements with the Secretaries of State in the states where the Federal Reserve Banks are located. https://s3.amazonaws.com/khudes/ucc1.pdf

There are two other countries that are now trying to “demonetize” the currencies issued by the Banking Cartel: Venezuela and Australia. Venezuela had to suspend its demonetization program after looting. Australia’s program has not yet begun.

In the past, countries such as Myanmar and Zimbabwe tried their luck with demonetisation with worrisome results. In India, the move is already drawing criticism, with several economists questioning the government’s execution of the policy and raising concerns about the lack of infrastructure for a cash-free future in an almost entirely cash-dependent nation.

Steve Forbes, chairman and editor-in-chief of Forbes Media, added his voice to the stream of criticism by the foreign media of the government’s demonetisation move in a hard-hitting editorial calling it “immoral” and an “awful act”. In the article, that will appear in the January 24, 2017 print issue of the magazine but already available online, Forbes censured the Narendra Modi government for withdrawing 86 per cent of legal currency in the country in an ‘unprecedented act’ that will significantly hurt the economy.

The Banking Cartel has been trying to dominate the world. What has happened instead is that the internet has alerted the world’s people to the sinister programs of the Banking Cartel. The Banking Cartel cannot win in light of the coalition that has formed to oppose it. The existence of this coalition was predicted by an accurate game theory model that came to the World Bank from the US National War College in 2004.

The purpose of the demonetization program was ultimately to place the Banking Cartel in control with a cashless society. This program is not going to be implemented. Instead, the paper currencies are getting replaced with local currencies issued by villages and towns and with national currencies minted from the world’s monetary gold reserves that are also held in the Global Debt Facility. In its last two meetings, the Board of Governors of the World Bank and IMF have agreed to a Global Currency Reset.

India is now a battleground country caught in the vise of a Banking Cartel that is insolvent and is going to be wound down in a Global Currency Reset that has already been agreed. https://s3.amazonaws.com/khudes/Twitter4.25.15.1.pdf

Karen Hudes
Acting General Counsel, International Bank for Reconstruction and Development
Overseer Mandate Trustee Global Debt Facility, TVM-LSM-666

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