{"id":13845,"date":"2015-10-26T19:44:28","date_gmt":"2015-10-27T00:44:28","guid":{"rendered":"http:\/\/olduvai.ca\/?p=13845"},"modified":"2015-10-26T19:44:28","modified_gmt":"2015-10-27T00:44:28","slug":"schadenfreude-how-the-us-is-helping-china-create-a-new-financial-order","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=13845","title":{"rendered":"Schadenfreude – How the US Is Helping China Create a New Financial Order"},"content":{"rendered":"

Schadenfreude – How the US Is Helping China Create a New Financial Order<\/a><\/h3>\n

\"Schadenfreude<\/p>\n

Here we have an image of a Chinese banknote, featuring Chairman Mao, followed by a seemingly incongruous German word – schadenfreude. Is there an error here?<\/p>\n

Happily, no. We\u2019ll begin with the word, schadenfreude, which means \u201charm-joy.\u201d It\u2019s used to express an occurrence that\u2019s destructive, yet brings about happiness.<\/p>\n

This would seem to be a conflict in terms, but, looked at a bit more deeply, it could be said that the killing of an enemy may mean that peace will soon prevail – and so the event brings happiness. Or, another analogy: the bulldozing of an old structure may mean that a new one – a better one – will soon be under construction.<\/p>\n

And that\u2019s the case here. The world\u2019s most powerful (and most oppressive) political\/economic power structure has begun to go under the bulldozer. Its replacement will hopefully be a better one.<\/p>\n

The Brussels SWIFT system is currently the largest economic settlement system in the world. Almost all financial transfers are made possible through this system. As such, those who control SWIFT have the power to threaten financial institutions and sovereign nations that, if they don\u2019t do as they\u2019re told, can be denied access to the system.<\/p>\n

The controllers of SWIFT have been far from fair in making these judgements. Much of their agenda has been provided by the Organisation for Economic Co-operation and Development (OECD), a cabal made up of many of the world\u2019s most powerful nations, but primarily Europe and the US. The US is the heavy here and they\u2019ve used their power to create FATCA, a means of applying draconian economic pressures on their own citizens. In doing so, they\u2019ve also succeeded in creating a global shakedown racket aimed at financial institutions. If a bank anywhere in the world is found to have a US citizen as a client and the bank fails to regulate that client sufficiently, the bank itself is \u201cheld up\u201d – the US imposes a massive fine on the bank.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n","protected":false},"excerpt":{"rendered":"

Schadenfreude – How the US Is Helping China Create a New Financial Order Here we have an image of a Chinese banknote, featuring Chairman Mao, followed by a seemingly incongruous German word – schadenfreude. Is there an error here? Happily, no. We\u2019ll begin with the word, schadenfreude, which means \u201charm-joy.\u201d It\u2019s used to express an […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5,6],"tags":[10260,63,130,4050,10261,281,2679,10259,6228,2164,1068,827,834],"class_list":["post-13845","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","category-liberty","tag-asian-investment-bank","tag-banks","tag-china","tag-cips","tag-cross-border-interbank-payment-system","tag-europe","tag-fatca","tag-financial-order","tag-international-man","tag-oecd","tag-swift","tag-united-states","tag-us"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/13845","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13845"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/13845\/revisions"}],"predecessor-version":[{"id":13846,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/13845\/revisions\/13846"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}