THAT MONEY LAUNDERING THING: CHINESE OLIGARCHS AND SOME H.O.S.(HIGH OCTANE SPECULATION)
How Chinese Oligarchs Used Fake Trade Invoices To Launder Almost $1 Trillion Globally
Now the point of the article is clear enough, but there's a few additional points to notice here:
"But I digress. This post is supposed to be about illicit Chinese funds and how it’s basically a total free for all. Much of this money has entered U.S. real estate, helping to price out American families who can barely afford rent at this point (see: 1 in 4 Renters Use Half Their Pay for Housing). I’ve focused on this issue often over the past couple of years. For example, in the post, Chinese Purchases of U.S. Real Estate Jump 72% as The Bank of China Facilitates Money Laundering, I wrote:And let's add this:
"American citizens already have a hard enough time affording a home. Squeezed out by financial oligarchs buying tens of thousands of properties for rental income, and faced with real wages that haven’t budged since the mid-1970s, the demographic of U.S. citizens that historically dominated the new home market has been forced to live in their parents’ basements. Just to kick em’ when they’re down, Americans now face the impossible task of competing with laundered Chinese money."
(All emphases by Zero Hedge)
The vast majority of illicit financial outflows is due to trade misinvoicing.Can you believe it’s not Bitcoin after all!
Read that twice, and then read it again. The banker bailouts bailed out the criminals and their criminal global financial system, which then ramped to new heights of corruption and fraud in the subsequent years.Save for a brief slowdown during the financial crisis, illicit financial flows have been allowed to grow unchecked over the past decade. In 2012, illicit outflows reached a staggering new peak of US$991 billion.
Illicit financial flows from developing countries are facilitated and perpetuated primarily by opacity in the global financial system. This endemic issue is reflected in many well-known ways, such as the existence of tax havens and secrecy jurisdictions, anonymous companies and other legal entities, and innumerable techniques available to launder dirty money—for instance, through misinvoicing trade transactions (often called trade-based money laundering when used to move the proceeds of criminal activity).(All emphases by Zero Hedge)
So what's the H.O.S. (High Octane Speculation)
here? Most readers here are aware that over the years of researching the
topic of hidden technological development, Nazi-Axis oligarchical
survival, and so on, that I have developed the hypothesis that there
exists not only an American "black budget" but also a much deeper, much
more secret and hidden system of finance, one tightly interfaced with
the criminal underground, drug trade, money laundering and so on.
Additionally, former Assistant Secretary of Housing and Urban Dvelopment
Catherine Austin Fitts has come to similar conclusions, but via a very
different route, for whereas my route was from the technologies to the
question of financing, hers was from the financing, and noticing vast
amounts of money that were simply disappearing or otherwise unaccounted
for, to the question of what all that money was being used for, and came
to the conclusion that it was for a technological development - a massive one.
What has struck both of us, and many others, was the global scale of
this activity, and herewith comes the speculation. We have thus far
been considering that this "hidden system of finance" and all that it
implies - hidden bond markets, complicity of certain large prime banks
in the scheme - has been largely an American activity, or rather, our
focus has been on the American context. But as the Zero Hedge
article points out, this activity is not confined to America. It is an
international activity, one moreover that involves not only Chinese
oligarchs, but an activity that is effectively funneling money back into
the USA. In short, the world's liquid capital is being harvested - if I
may use Secretary Fitts' term - in a vast global operation. Notably,
the pattern here is condign to the pattern often referred to by
Secretary Fitts: the conjunction of money laundering and real estate
activity.
Thus, we come to a rather breathtaking
hypothesis, for the global extent of this activity suggests that one
might be looking at a system that has become a global system, and that
the control of it might have been pried away from any strictly
"American" breakaway group of interest. This is not - let me emphasize
this point - simply the usual model of "the central bankers are behind
it all in a grand scheme for Rothschild-Rockefeller-Zionist-Masonic"
control. Indeed, if one recalls the history of this hidden system as
I've attempted to reconstruct it, it was put into play as a means of
financing human responses and research in response to the UFO issue, and
hence, the real hidden players in this system were not the bankers, but
behind them, the intelligence, military, and scientific bureaucrats.
Thus, what one might be looking at in the Zero Hedge
article's statistics, are but the "bonus payments" being taken and mae
to the participants in the system. It raises the very High Octane
Speculative possiblity that the breakaway group this system has
financed, has gone "international" and that the system itself is
international in nature.
I have other suspicions along these lines, and in due time will share them, but for now, Zero Hedge may have come across something very significant. This is one to watch.
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