Pension funds are secretly meeting to cut pensions…
“None of this was done by accident. It has been deliberate and done with full intent to create exactly the conditions in which we find ourselves.” -Chris Martenson
Is this (flip-flop) the IMF’s signal for escalating the Trade/Currency wars?
…institutional investors are once again beginning to fret about what might be lurking around the corner.
“They and other central bankers have become the standard bearers of a system that can best be described as a reverse Robin Hood scheme, one that takes from the poor and gives to the rich. It’s just that in this tale, the ‘poor’ means everybody not in the top 1%.” […]
“Virtually everybody in the bottom 95% is being economically and financially sacrificed to bail out the prior bad decision of the central banks and their associated governments. And as that’s deeply unfair, it breeds resentment. Psychology tells us that resentment breeds contempt. And once there, relationship are doomed to fail. Our leaders have broken their covenant with the governed, and the governed are increasingly pissed. Expect that simmering anger to boil over at some point.” -Peak Prosperity
What Are Central Bankers So Afraid of?
The New SDR, where as the RMB, AIIB and CIPS will mark their major roles in assisting the emerging markets increase international trade in exchange for the weaker national currencies/goods/services within investment banks, clearing banks, and central banks’ transactions mechanism.