G20 Finance and Central Bank Deputies Met December 2014 To Set Stage For 2015

Ronmamita's Blog

G20 Stage for 2015
Welcome to Istanbul, Turkey…
2015 has the G20 “under the Turkish Presidency”.
“During Turkey’s Presidency year, G20 Deputies will continue to assess the global economic outlook, risks and policy responses. They plan to work on developing a monitoring mechanism to be able to effectively implement the commitments of G20 countries comprehensive growth strategies and a new narrative on investment and infrastructure issues. Taking into account the current impasse in front of the 2010 IMF Quota and Governance Reforms, G20 Deputies will start discussing alternative options for rebalancing quotas and increasing Fund resources. Deputies will follow the timely, full and consistent implementation of financial regulation reforms and focus on completing key features of the G20 work on international taxation.

The next meeting of the G20 Finance and Central Bank Deputies will take place on February 8-9, 2014.  [Must be a “Typo” for Feb 2015 meetings ~Ron] G20 Finance Ministers…

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3 Responses to “G20 Finance and Central Bank Deputies Met December 2014 To Set Stage For 2015”

  1. Ominous words: 2015 the year of implementation

    “The G20 has so far taken significant strides in designing and launching policy frameworks in many areas. In November 2014, as the members of the G20 we have agreed on the Brisbane Action Plan and pledged to undertake about 1000 commitments that, if fully implemented, will add more than USD 2 trillion to the global GDP and generate millions of additional jobs for our citizens by 2018. Likewise, for a number of work streams within the G20 including financial regulation, international tax, and international financial architecture, words have played their part. 2015 will be the time for the deeds and the year of implementation.”
    From the official Turkish G20 Presidency Priorities for 2015

    Their motto: Never Let A Crisis Go To Waste…
    Should we expect more crises and emergencies by years’ end?

  2. My emotions are surfacing, I feel like they have been restricted since 2008 crisis was revealed. The settings were discussed 7 years ago and perhaps finally the curtains are parting for the show to begin…
    I wish there was somewhere safe to simply sit back with popcorn and soda to enjoy watching the story unfold.

    Swiss central bank may have yanked the carpet (Peg) from underneath the Euro currency and bankruptcies are expected in a contagion:
    “The recent move on the Swiss franc caused by the Swiss National Bank’s unexpected policy reversal of capping the Swiss franc against the euro has resulted in exceptional volatility and extreme lack of liquidity. This has resulted in the majority of clients sustaining losses which has exceeded their account equity. Where a client cannot cover this loss, it is passed on to us. This has forced Alpari (UK) Limited to confirm today, 16/01/15, that it has entered into insolvency. Retail client funds continue to be segregated in accordance with FCA rules.” http://www.alpari.com

    Armstrongeconomics said:
    “The move in the Swiss was extraordinary because of the massive short-Swiss through loans and their own buying of Euros. The audacity of the IMF to even state they will look into this as if they have any such authority or credibility is just stunning. They want the inside info so they can line their own pockets along with friends.

    The British brokerage house Alpari (UK) Limited has entered insolvency due to the Swiss move. There is no way a Broker can limit the risk of an account when something moves 30%. There is more fallout to come. Just keep in mind this will happen when the dollar rises for there is even a larger short-dollar position around the globe. What we have seen in the Swiss will be the dress rehearsal for the dollar.”

    * * *

    Yesterday is being called Black Thursday.
    The Swiss central bank is concerned and has issued a statement to homeowners who have their mortgages in the Swiss currency to not panic, but rather hold onto the mortgage in Swiss currency because it may later swing in the homeowner favor
    My oh my!
    Hmm… the day may come when the USD will do this too, and leave many emerging markets over their heads in debt when they can not keep up with the soaring interest payments for infrastructure projects and other major construction.
    Considering the ponzi economy and the global fraud as so UN-necessary with much misery and suffering to follow as the club members buyout the smaller companies, resources, and assets in another great wealth transfer.
    Casino motto: the House always wins.
    Magic 7
    70 years of the USD as the dominate and major reserve currency for the world.
    7 years since the Great Recession was addressed by the money masters.
    The grand opening is on stage and 7 years of preparations has ended. The G20 reforms are being implemented.

    Will White Hats come to the rescue?
    Will mass arrests and professional assassinations commence?
    Will Grand Juries announce guilt?
    Will grassroots mass public noncompliance stop the destruction and fraud?

    Grassroots noncompliance is my wish, yet it has not reached critical mass.

    • I’ve been waiting since 2008 for this to play out and I don’t have debt or any interest payments at all. I have a car loan, but so what? They are welcome to have it back and when it all blows over, I’ll just get another new one…

      People that have been playing the stock market and have their 401k’s and such in there are going to be the real losers in all this, as they may end up losing everything they have worked for all their life, unfortunately. But they should have acted after the mortgage collapse, if they didn’t, it’s kind of their own fault, no?

      Thanks for the updates on this Ron, great work!

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