by Brandon Smith at zerohedge.com
At the end of June government leaders and think-tank power brokers from around the world met at the Summit for a New Global Financing Pact in Paris. Participants include United Nations Secretary-General Antonio Guterres, US Treasury Secretary Janet Yellen, IMF Managing Director Kristalina Georgieva and World Bank President Ajay Banga.
The supposed purpose of the summit was to find financial solutions to the goals of tackling poverty while simultaneously curbing “planet-heating emissions.” As with all climate change related events the discussion in Paris inevitably turned to international centralization of power and the formation of a global consortium to fix the problems that they claim sovereign nations cannot or will not fix.
However, what I’m seeing more and more in the past couple years is a convergence of narratives – Central banks and international banks are now suddenly more concerned with carbon taxation and global warming than they seem to be concerned with stagflation and economic collapse. Likely because this was the goal all along and economic collapse is part of the plan.
Globalists are now combining the climate change issue with international finance and monetary authority. In other words, they aren’t hiding the fact that the climate change agenda is part of the “Great Reset” agenda anymore. They are even suggesting that the threat of climate change be used as a springboard for giving global banks more power to dictate the circulation of wealth and for deconstucting the existing system so it can be replaced with something else.
French President Emmanuel Macron told delegates at the Paris summit that “the world needs a public finance shock” to fight global warming while also creating “equity” for less wealthy nations. He also argued that the current system was not well suited to address the world’s challenges.
Presenters at the event noted that the international economic framework had been battered by a number of crises, including the pandemic and the war in Ukraine, but focused on “the spiraling cost of weather disasters intensified by global warming” as a reason for the ongoing destabilization of financial systems.
This is obviously nonsense, but it fits with the narrative programming that globalists are trying to engineer by linking economic decline to climate change. In reality, there is ZERO evidence that global weather events are any worse today than they were over a hundred years ago before carbon producing industries were widespread. There is no proven connection between carbon emissions and any specific weather phenomenon. The claim is a fraud. There is no man-made climate crisis, as I have outlined and evidenced in previous articles.
But how many people will be fooled into thinking that there is a climate crisis, and what can that hysterical fear be exploited for?
Barbados Prime Minister Mia Mottley (like many globalists) advocated for re-imagining the role of the World Bank and International Monetary Fund in an era of climate dangers. She argues: “What is required of us now is absolute transformation and not reform of our institutions…”
UN leader Antonio Guterres said the global financial system, which was conceived at the end of World War II under the Bretton Woods Agreement, was failing to rise to modern challenges and now “perpetuates and even worsens inequalities.” In other words, he is angling for a new woke Bretton Woods.
“We can take steps right now and take a giant leap towards global justice,” he said, adding that he has proposed a stimulus of $500 billion a year for investments in sustainable development and climate action. There was also a plan presented to use the IMF’s Special Drawing Rights basket as a mechanism to boost global liquidity.
Keep in mind that the fiat stimulus measures of central banks and the interest rate policies of global bankers are what caused the current economic crisis to begin with. It wasn’t covid, it wasn’t the war in Ukraine and it certainly wasn’t climate change. It was the banks and their use of monetary manipulation that triggered 40 year high inflation, and this has led to central banks hiking interest rates into economic weakness. This strategy has consistently caused debt implosion and stock market disasters in the past. The bankers and the globalists are the source of the problem, they should not be put in charge of fixing it.
Yet, here they are, trying to take control and institute a sweeping Reset plan for the calamity they created. But where is all of this leading?