I wrote at the Corbett Report:
The BRICS nations are accelerating the privatization of the more important aspects of their respective economies. In Russia its minerals and oil. Rostneft just sold 18% of itself to Glencore. In Brasil its airports and likely Petrobras. China is contemplating opening its financial markets to western financial behemoths with neo liberal financialization and ‘structural adjustments’ sure to follow as state owned corporations get the treatment.Don’t forget that Larry Summers was over in Russia arranging the privatization which created the Russian oligarchs after the fall of Perestroika. Remember Larry Summers is the progenitor (c.f. also) of the concept of ZIRP and NIRP and also has been pushing for the elimination of cash.
This privatization combined with a collapse in the economy so as to prevent the upper middle class from participating is the modus operandi of the global elite.
In that linked list of points, the onset of austerity is the Basel rounds which are increasing the restrictions on the quality of the reserve capital and for example also the austerity being imposed on the PIIGS by Brussels. Understand that the Euro was designed as a monetary enslavement paradigm.
They’ve been stalling the Western economies (preventing debt reset) with ZIRP and Draghi’s NIRP so as to maximize the coming debt reset harvest. This is also why they need war so they can blame the coming economic hardship on Trump’s recklessness. And make the entire world jealous of the USA being the reserve currency as the dollar will go skyhigh as the $trillions in dollar-carry-trade loans abroad increase the demand for dollars as interest rates rise. The pension funds were forced to invest in dollar denominated bonds overseas in order to seek yield because of the ZIRP and NIRP. This means that all Western pensions are bankrupt and the Western boomers will be living their final decade(s) in trailer parks or tent cities (like those in California already) eating noodles. Remember the majority of the Western population is one or two paychecks away from being homeless (c.f. also).
Note the “Hyperinflate to destroy the external claims on wealth” can be accomplished with the short-dollar vortex which hyperinflates the exchange rate of the other currencies relative to the USD. This is already underway for example in Argentina. And it can be accomplished with sovereign bond defaults.
Then follows the monetary reset with a NWO reserve currency. Me thinks (and have thought since BTC was $10) that instead of buying precious metals as advised by the article I linked first, we should be hodling Bitcoin because it is the alternative NWO reserve currencies which no countries can resist nor stop, and it is surreptitiously controlled/centralized by the global elite who secretly masterminded and created Bitcoin.