The Coming Financial Crisis And The Global 'Reset'

James Rickards: When the next financial crisis hits the elites are planning to freeze the financial system, worldwide

Rhoda Wilson

...189 people who are positioned in the world’s financial systems that hold the fate of the global financial system in their hands.

They share one vision – One World Order, One World Taxation and One World Money – and have been working behind the scenes preparing to make that vision a reality.

Since ancient times the financial elite have had dreams of domination, of total control.   Although the plan has changed hands countless times, its core goal has remained unchanged.  The current generation of elites is the first with the technology to carry the plan out.  In an interview with The Daily Reckoning in November 2017, Rickards exposed the elites’ plans in full.   In this article, we focus on a short clip taken from this interview.

Introducing the section of the interview from which the clip was taken, The Daily Reckoning’s John Burke began by quoting from Rickards’ book ‘The Road to Ruin’:

The next financial crisis will not be merely a bigger version of the 1998 and 2008 crises, it will be qualitatively different.  It will encompass multiple asset classes on a global scale.  It will exhibit inflation not seen since the 1970s, insolvency not seen since the 1930s and exchange shutdowns not seen since 1914.  State power will be summoned to contain panic.  Capitalism will be discredited once and for all.

Not only will the coming crisis destroy more investor wealth than in 2008 and last much longer than the Great Depression, Burke explained, but this crisis will be historic for another reason.   A network of elites will use the next crisis for cover and they will launch their attack.  The financial system will go dark, worldwide.  Trillions of dollars will vanish instantly and, in many cases, permanently.  Hundreds of millions of people will be cut off from their own money for months, or even years.  It will be the biggest confiscation of wealth in history.

Over dinner one night, a senior advisor to BlackRock’s CEO told Rickards: “They want to tell us we can’t sell.”  This slipped comment raised Rickards’ curiosity: “What was she talking about?  Who was she talking about?”  So, he made some calls to his contacts in Washington and on Wall Street.  Shortly afterwards he attended a series of meetings in London, Geneva, New York and South America.  And he began joining the dots. “A pattern emerged,” Rickards said.

“It revealed a network of more than 189 individuals positioned inside the world’s major financial institutions.  Some of them hold senior positions inside the IMF, World Bank and every central bank in the G20 including our own Federal Reserve.”

Later in the interview, Rickards said that these 189 people also control much of what happens at the central banks of China, Russia, India, Brazil, Canada and Europe.  “These institutions form a kind of global superstructure. It forms a kind of snare net encircling all nations,” Rickards said.  “Their leaders aren’t democratically elected, they’re not accountable to you and me, they’re beyond the reach of government [and] citizens and yet, they hold the fate of the global financial system in their hands,” he added.

The global superstructure includes organisations such as the Federal Reserve, the Bilderbergers, central banks, intelligence agencies and the media.  “The elite inhabit all these spheres,” he said.

“These elites share one vision and they’re about to make it a reality. That vision is One World Order, One World Taxation and One World Money … All of their actions are geared toward moving that agenda forward.

“They’ve worked for years behind the scenes preparing to realise that vision. They’ve literally rigged the laws of international finance; everything is basically in place right now and there’s essentially no way to stop this from happening. When the crisis hits, they’ll flip the switch freezing the global financial system.  That will give them time to reset the world economy according to their vision.”

In many cases, the 189 people he had identified as part of this network are hiding in plain sight, Rickards said.  He named a few saying that this list is just the tip of the iceberg:

• Christine Lagarde, formerly the managing director of the International Monetary Fund (“IMF”) and currently the president of the European Central Bank.
• Mark Carney, formerly the governor of the Bank of England and currently chairman of Impact Investing at Brookfield Asset Management and Bloomberg Inc.
• Raghuram G. Rajan, former governor of the Reserve Bank of India, former vice chairman of the Board of the Bank for International Settlements and currently a professor of finance at Chicago Booth.
• Haruhiko Kuroda, former governor of the Bank of Japan and currently a professor at the National Graduate Institute for Policy Studies (“GRIPS”).
• William C. Dudley, former president of the Federal Reserve Bank of New York.  He joined the Federal Reserve on the eve of the 2008 financial crisis.
• Agustín Carstens, formerly governor of the Bank of Mexico and currently the general manager of the Bank for International Settlements (“BIS”).
• Janet Yellen, former chair of the Federal Reserve System and currently Treasury Secretary under Joe Biden.
• Mario Draghi, former president of the European Central Bank and former prime minister of Italy.
• Zhu Min, former deputy managing director of the IMF and currently vice chairman of the China Centre for International Economic Exchanges (“CCIEE”).
• Zhou Xiaochuan, former governor of the People’s Bank of China and currently president of the China Society for Finance and Banking, vice chairman of the Boao Forum for Asia and China’s Chief Representative to the Boao Forum.
• Robert E. Rubin, chairman emeritus of the Council on Foreign Relations.

You can watch the full Daily Reckoning’s interview with Rickards titled ‘The Coming Big Freeze’ HERE.  The clip below, which is the subject of this article, begins at timestamp 6:17.

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