Google

ASEANAFFAIRS
Sign up | Log in
Subscribe to AseanAffairs Magazine
BEGINNING OR THE END?
View Samples
AseanAffairs Magazine March - April 2011
CONTENT • ASEAN TECH
• ASEAN CORPORATE STRATEGY • ASEAN TRAVELLER
• ASEAN ENERGY

• BEYOND ASEAN

• ASEAN ENVIRONMENT INSIDE OUT
• ASEAN MONEY  • THE AWAKENING
 • ASEAN TALK      • SAVE OUR PLANET IV

 

 

A NEW REALIGNMENT or CONTINUING CHAOS?
Managing Editor David Swartzentruber sees a new global political restructuring as the answer to the current global chaos.


COVER STORY   Read More... 

Testimonials – What our Readers are saying about us
Read the full story.  Subscribe now!


By JS Kim

JS Kim takes a sobering look at the world economy and the state of the world’s banking system.

Today, we stand at the brink of a dark time for humanity or the beginning of a new renaissance. Whether we move toward the darkness or the light is up to the people. There is a silent war being waged today that is not acknowledged in the mainstream media for the very men that are waging this war are the same men that control the mass media distribution channels. This unreported war is that of The Bankers v. The People.

>> THE FACT THAT THE MAJORITY OF PEOPLE IN THIS WORLD DO NOT HOLD A SINGLE OUNCE OF PHYSICAL GOLD OR A SINGLE OUNCE OF PHYSICAL SILVER ILLUSTRATES THAT PEOPLE STILL DO NOT UNDERSTAND HOW TO WIN THIS WAR.<<

Though Paul Adolph Volcker, former Chairman of the private US Federal Reserve from 1979 to 1987, and a financial elitist, is a man for whom I have no respect, he did get it right when he stated that the banking industry’s only positive contribution to society for the last 25 years has been the ATM machine.

Other than that, the world’s top bankers have been busy creating complex financial derivative products that have as their sole purpose the creation of a mechanism that allows bankers to defraud, cheat and steal the wealth of their clients. The deliberate schemes of their current war against the people have resulted in the massive devaluation of all of the world’s major fiat currencies.

As a result, COLAs (cost of living adjustments) granted by employers to employees worldwide are a scam as annual wage increases granted to the average worker bee are NEVER sufficient under the global Ponzi monetary scheme to maintain pace with the bankers’ destruction in the purchasing power of paper monies. Thus, it has been quite feasible for people to earn a 5 percent to 10 percent pay raise year after year and simultaneously become poorer.

As sad and truly devastating as the March 11 Japan earthquake and tsunami has been, the disaster has also been very revelatory in regard to our global monetary crisis. On the Monday following the earthquake, the Bank of Japan (BOJ) injected 15 trillion yen ($184 billion dollars) into the short-term money market in an attempt to stabilize a plunging stock market. Unfortunately, since the BOJ had already set interest rates near zero for decades, their option of cutting interest rates as a monetary tool to further stimulate the economy had already been exhausted. And these actions aptly illustrate why bankers have created a diseased, sickly global monetary system that benefits NO ONE but them............

   
JS Kim is the founder and Managing Director of SmartKnowledgeU, an education, research and wealth consulting firm that helps Main Street build wealth by avoiding and beating the fraud of Wall Street and global investment firms. To learn more, visit http://www.smartknowledgeu. com

 

 

 

                Page 3 of 6    Next  >>

 

Back to Top

 

 ...to Read the Complete Article Subscribe to ASEANAFFAIRS Magazine

Indonesia

Home | About Us | Contact Us | Special | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy


Version 5.0


advertisement


Copyright © 2007-2011 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand
asean@aseanaffairs.com