INSTEX was created to try to bypass sanctions imposed by Trump on Iran but it failed due to the centrality of the US dollar in the global financial system so those seeking to protect the JCPOA from Trump’s sanctions understood that they had to somehow end the centrality of the US Dollar in the Global Financial System and it is in this context that the “fight against climate change” is being used.
I believe “Climate Change” is being used as a cover to destroy the centrality of the US Dollar in the Global Financial System and will have no actual ecological impact, they want to end the centrality of the US Dollar in the global financial system to prevent Trump or any other future president from protecting US interests abroad by imposing sanctions in rogue regimes like Iran.
It is not a coincidence that Kerry, one of the architects of the nuclear deal with Iran was appointed “climate tzar” by Biden. The article below describes how Kerry promising that “the Great Reset “will happen with greater speed and with greater intensity than a lot of people might imagine”.
On December 3, 2020 Justin Haskins wrote in the Hill “According to the Great Reset’s supporters, the plan would fundamentally transform much of society. As World Economic Forum (WEF) head Klaus Schwab wrote back in June, “the world must act jointly and swiftly to revamp all aspects of our societies and economies, from education to social contracts and working conditions. Every country, from the United States to China, must participate, and every industry, from oil and gas to tech, must be transformed. In short, we need a ‘Great Reset’ of capitalism.”
“Internationally, the Great Reset has already been backed by influential leaders, activists, academics and institutions. In addition to the World Economic Forum and United Nations, the Great Reset movement counts among it the International Monetary Fund, heads of state, Greenpeace and CEOs and presidents of large corporations and financial institutions such as Microsoft and MasterCard…
“At a panel discussion about the Great Reset hosted by the World Economic Forum in mid-November, former Secretary of State John Kerry – Biden’s would-be special presidential envoy for climate – firmly declared that the Biden administration will support the Great Reset and that the Great Reset “will happen with greater speed and with greater intensity than a lot of people might imagine…”
The Biden Regime claims they embraced the “Great Reset” to fight Climate Change but will it have actual environmental benefit? On January 21, 2021 the Epoch Times reported “Rejoining the Paris climate agreement as it stands now will have devastating economic consequences for the United States, with little actual environmental benefit, according to experts…
“Because there is really no teeth to the Paris climate accord, developing countries are getting a free pass in terms of their emissions…It’s likely that the Paris climate accord is not going to reach its intended goal.”
“…Anthony Watts, senior research fellow of environment and climate at The Heartland Institute, said according to their analysis, the agreement would cost the United States “about 2.7 million jobs by 2025 due to scaling back parts of industries. Now that would have been about 440,000 manufacturing jobs that we would have lost.”
The “Great Reset” will have devastating economic consequences. The globalists want to end the centrality of the United States financial system in the global economy, they want an international organization like the IMF to have more power. With a weaker economy America will be less capable of influencing others through sanctions, it will be less capable of defending its interests abroad.
The IMF’s SDRs replacement of the centrality of the USD will undermine America’s sovereignty and democracy. Because of the “Great Reset” the IMF’s board of directors now has more power and influence in America.
In the last decades, the IMF imposed “structural reform” programs in over 90 countries. In the 1990s the IMF’s intervention led to the economic meltdown of, for example, Mexico, Brazil and Russia. It seems that now because of Obama and Biden America will become more vulnerable to its policies.
On September 30, 2016, during the Obama administration, the IMF News reported it added the Chinese Renminbi to Special Drawing Rights Basket. At the time the US had the most voting power and influence on the IMF board of directors and could have prevented this.
“Renminbi joins U.S. dollar, euro, yen, and British pound in SDR basket. This change represents an important milestone for IMF, SDR, and China….
Effective October 1, the IMF is adding the Chinese renminbi (RMB) to the basket of currencies that make up the Special Drawing Right, or SDR.
The SDR is an international reserve asset created by the IMF in 1969 to supplement its member countries’ official reserves.
The IMF’s Executive Board agreed to change the SDR’s basket currency composition in November 2015, and the decision now enters into force after a period of transition.
The RMB joins the SDR basket in addition to the previously included four currencies—the U.S. dollar, the euro, the Japanese yen, and the British pound (see chart).
In an interview, Siddharth Tiwari (Director of the IMF’s Strategy, Policy, and Review Department) and Andrew Tweedie (Director of the IMF’s Finance Department) explain why this change took place and its significance for the IMF, the SDR, China, and the international monetary system as a whole.
IMF News: What does the renminbi’s inclusion in the SDR basket mean for China?
Tiwari : The RMB’s inclusion is an important milestone in the integration of the Chinese economy into the global financial system. The IMF’s determination that the RMB is freely usable reflects China’s expanding role in global trade and the substantial increase in the international use and trading of the renminbi…”
By including the Chinese renminbi in the SDR the IMF crowned it a reserve currency at the same level that the dollar, euro, yen, and British pound. China’s push to expand this “New World Money Order” threatens the centrality of the US Dollar.
On June 1, 2021 the Guardian reported Obama said “Biden ‘finishing the job’ my administration started”
On July 13, 2021 Biden supported a controversial plan to strengthen the International Monetary Fund and replace the centrality of the US Dollar. Alex Newman wrote in the Epoch Times “…The Biden administration-backed International Monetary Fund (IMF) proposal to issue an unprecedented $650 billion U.S. dollars’ worth of new “Special Drawing Rights” (SDRs) this year alone will also help re-shape the international financial system. That is more than twice the total amount of SDRs created by the IMF throughout its entire history…The unprecedented new issuance, which has the support of both Beijing and Washington, will contribute to sidelining the U.S. dollar’s role as the global reserve currency, analysts warned. The Chinese Communist Party is expected to be a leading beneficiary…if the dollar were to lose its status to the SDR, the demand for dollars around the world would plummet. The resulting collapse in purchasing power would create an enormous crisis as Americans’ ability to purchase goods and services from abroad was decimated…”
A currency controlled by an international institution like the IMF is key for the globalists. The loss of status of the US dollar to the SDR will undermine America’s ability to impose economic sanctions in rogue countries like Iran. If Trump ever returns to power the America he will receive will be much weaker, his ability to defend America’s interests abroad is being decimated.
I think this has nothing to do with “climate change”. The real reason why Nero is setting Rome on fire is because his ego was touched when Trump walked away from the nuclear deal with Iran, he wants to end the centrality of the US Dollar in Global Financial System so no future US President can impose sanctions on Iran again.
Biden’s policy will have devastating economic consequences, the age of America as the World’s superpower is over.
Part 2 – The Russia-Iran-China Alliance
The age of America as the World’s superpower is over, Iran’s ally China is the new superpower.
When President Trump withdrew from the nuclear deal with Iran, Russia and China moved to invest in Iran to fill the void left by the fleeing European companies. When America increased sanctions on Iran, Russia and China understood the importance of weakening the US dollar to protect their investments. In April 2020 United Against Nuclear Iran reported “In 2018, the Trump administration withdrew from the Iran nuclear deal and initiated a “maximum pressure” campaign against the Iranian regime, re-imposing and expanding sanctions targeting Iran’s energy, shipping, insurance, and banking sectors. Major European businesses responded by fleeing Iran. However, the Trump administration’s efforts to isolate Iran still face a major hurdle as China and Russia move to fill the void and capitalize on the business opportunities emerging in the wake of European withdrawals…
…In the immediate aftermath of the U.S. withdrawal from the JCPOA, Iranian Foreign Minister Javad Zarif embarked on a diplomatic tour to mitigate against the impact of the coming re-imposition of sanctions. His first two stops were Beijing and Moscow. In the months that followed, China and Russia have sought to expand their trade and investment with Iran and assess the feasibility of taking over outright European deals that had collapsed. While the re-imposition of sanctions has created an opportunity for both countries, it has complicated matters as well. Ultimately, the extent to which China and Russia can benefit from the current state of play comes down to their ability to limit sanctions exposure and create workarounds such as mechanisms to conduct transactions in local, non-dollar currencies. In September 2018, Foreign Minister Zarif outlined Iran’s plan to avoid using the U.S. dollar: “You can use your own currency. Sell stuff in your own currency, buy stuff in the other country’s currency, and at the end of a specific period, balance it out in a non-dollar currency.
…In spite of all the obstacles posed by the Trump administration’s maximum pressure campaign, China and Russia remain committed to seeing through their business dealings with Iran. The halting progress in execution indicates that the sanctions are working as intended. In Beijing’s and Moscow’s view, however, the economic and geopolitical benefits outweigh the potential risks of sanctions exposure and they continue to seek ways to move forward and find alternative approaches that would undermine America and the dollar’s centrality to the global economic system…”
Iran, Russia and China are also expanding their military cooperation. On November 28, 2019 the Daily Mail reported “Iran, Russia and China are set to hold their first-ever joint military drills in a show of power to the West.
Admiral Hussein Khanzadi revealed yesterday that the three navies would hold military exercises in the northern Indian Ocean in the ‘near future’.
Design and planning for the drills took place last month and troops are already preparing for the exercise, he said.
The joint operation will ‘send a message to the world’, Khanzadi was quoted as saying by the semi-official Mehr news agency…
‘A joint wargame between several countries, whether on land, at sea or in the air, indicates a remarkable expansion of cooperation,’ he said.
In 2020 during the height of the COVID crisis the State Department revealed that China was coordinating a disinformation campaign with Russia and Iran. On April 21, 2020 Politico reported “China, Iran and Russia are using the coronavirus crisis to launch a propaganda and disinformation onslaught against the United States, the State Department warns in a new report.
The three governments are pushing a host of matching messages: that the novel coronavirus is an American bioweapon, that the U.S. is scoring political points off the crisis, that the virus didn’t come from China, that U.S. troops spread it, that America’s sanctions are killing Iranians, that China’s response was great while the U.S.’ was negligent, that all three governments are managing the crisis well, and that the U.S. economy can’t bear the toll of the virus.
The age of America as a superpower is over, Iran’s ally China is the new superpower.
Ezequiel Doiny is author of “Obama’s assault on Jerusalem’s Western Wall” and “Jerusalem is the spiritual capital of Judaism while Mecca is the spiritual capital of Islam”