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FULFORD: Weekly Geopolitical News and Analysis20120508: The White Dragon Roars, Europe Rattles. Plus: inside report on secret financial deals

Benjamin Fulford

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5/8/12

The elections last weekend in Europe showed the inevitable popular backlash against government mandated austerity. The problem is that the new governments will also find their purses empty unless they start talking with the White Dragon Society. This time, they need to send official embassy representatives with valid IDs and not another batch of anonymous agents. When the new financial system starts up and the criminals are removed from the core of the Western financial system, then money will pour like rain on Europe (it already is in the non-cabal controlled part of the world).

The basic outlines of the new system are as follows: The US dollars owned by people outside of the US (and those created before 2008 in the US) will be backed by gold and a basket of commodities and other currencies. This will then become the international dollar (or perhaps international yen or yuan) and be used to facilitate world trade. The Euro will be split into a fortified Deutschemark shared by Northern countries while the Mediterranean countries will revert to their traditional currencies and devalue them until their real economies are competitive enough. This will be followed by a one off massive debt write off.

To read about the back-room maneuvers leading to the birth of the new financial system please help finance our investigations by subscribing to this newsletter or else, if you cannot afford it, ask a friend to e-mail you a copy.