Are we heading towards a new world order?

Control of the world has gone from being a military issue to a financial issue. Monitoring the world’s leading bank intercom system, SWIFT, and control of Wall Street, the world’s number one financial square, gives Americans a global dominance that the Chinese want to topple. With absolute control of Hong Kong, the main Asian plaza and a new cryptocurrency issued by the Chinese Central Bank, a silent war for a new world order has begun.

ByByMiguel ÁngelTemprano

Humanity has lived in constant war. First wars between tribes, then between countries and finally wars between continents. Humans do not know how to live without fighting between themselves. As of the writing of this article, UNHCR reports six countries at war with extensive population displacement, Yemen, Iraq, Syria, South Sudan, Somalia and Afghanistan. But to these we could add other conflict zones such as Palestine or the Sahel.

And despite this we can say, without failing the truth, that the world is living the longest period of peace in the history of humanity, which has allowed a technological development without previous paragon.

So, should we ask ourselves if the man has been pacified? There would certainly be reasons to ask ourselves this question, but the answer would always be no.

The craving for power and control over others, is at least, at the same level as it has been previously. Humans have not changed at all, only that civilization and especially technology, allowus to carry out these wars in other areas, almost as bloody as the previous ones, although now the ground is not stained red.

“The third world war is a silent war, a white glove war, and it is played on the battlefield that hurts the most after the physical wounds, the economic one.”

Let’s do some history. Once the Germans had been defeated and Europe had been liberated from the Nazis, the allied countries gathered at a hotel in the United States, in the state of New Hampshire, called Bretton Woods, with the purpose of establishing a new world order. Politicians were aware that the trigger for the Nazi’s rose to power was the leonine conditions imposed in the Treaty of Versailles to compensate the Allies for the damage caused by the Germans in the First World War.

The world order had to be reestablished and the boss, the United States was going to do it.

The Bretton Woods agreement created institutions that have proven to be key even in the current days, such as the World Bank or the International Monetary Fund, but above all they did something much more important, they recognized the United States as the predominant country for the vast majority of the planet, by setting its currency, the USD, as the reference currency for the rest of the world. The value of this one was linked to the value of the gold, and all other currencies were linked to the USD.

This system, which was called the “gold standard”, was valid until the next war, this time the Vietnam war, exhausted the American coffers and unbalanced its trade balance, forcing the reference standard to be abandoned to allow Americans to issue more currency. This led to the exchange system that we now have, that is, a “free” exchange system. But curiously, the dollar remained the reference currency, that is, the currency with which all the others are compared and the currency that is used mostly in international transactions.

Curiously, in 1973, almost at the same time as the disappearance of the gold standard, the SWIFT system was created in Brussels, but promoted by the Americans, which is the electronic system of bank intercommunication, to which almost 12,000 banks are subscribed in the world, and of course, all those who have or intend to obtain a minimum representation on the planet. This system is the one that allows international money transfers. The curious thing about the system is that most transfers require what is called a correspondent bank, that is, a bank that acts as a hub for others, and these are the vast majority of American banks.

Through the SWIFT system, about 1.5 Tn of USD are moved daily (or what is in Spanish terminology 1.5 Bn). To contextualize this magnitude, it would be like moving 1.5 times the wealth generated by the entire Spanish state in a single day in one year.

“Every day the money equivalent to 1.5 the wealth generated by a country like Spain moves in a whole year”.

Monitoring the system allows it to be controlled, legal or illegal, moral or immoral, but there are already too many examples described of monitoring by American agencies, such as the NSA.

And knowledge is power, and in this case, we can say that it is infinite power.

Additionally, this immense banking correspondent business generates huge commissions and thanks to the fact that 3/5 of the correspondent banks are American, they keep 52% of the banking commissions that are generated daily in the world.

All of the above has led to Wall Street becoming an increasingly important financial center, to such an extent, that we could say that it is the only place in the world where large bonds and stocks are traded. It is true that a company does not need to go to New York to issue its negotiable bonds, but just as true, is that if it wants these to be made in very significant amounts, it has to be done in Wall Street or it will never succeed. In any case, if not all the “players”, the vast majority of them, operates actively in it, and they do it under the American legislation, control and jurisprudence.

All this means that the Americans have in their hands a very powerful and very cheap weapon to use when they are interested, and it is none other than coercion. If they are interested in putting pressure on someone, they only have to prevent them from operating on Wall Street or prevent those who operate with them anywhere in the world from operating there.

The most plausible and simple example is found in Venezuela. The US government has decided to cut off the sources of financing for the Bolivarian government of Venezuela. The first was to prevent their sovereign bonds from being traded, the second to those of their companies, mainly their oil companies, and then to prevent those who make a trade agreement, even if it is in another part of the world, with the government of Venezuela.

Said and done.

But in addition to this, they have blocked the accounts of their leaders in the American banks and collaterally have impeded the international movement of their money by preventing American correspondent banks from being used for such movements.

As you can see, power is absolute, and perhaps if it is well used, even useful for humanity, because it allows us to fight actively and efficiently against criminals and dictators. But of course, the US is no longer the only boss at the table, now there is also the Chinese.

“The second world economic power claims its role at the decision table. The Chinese are no longer going to allow the Americans to be the only gendarmes in the world. ”

Scarcely a decade ago China represented only 3.5% of world GDP, but today it already represents 12.5%, and it depends on the estimates of those who make it, it is estimated that between 2025 and 2030 it will be the world leader per generation of GDP. This is where China does not accept this situation of American control or non-control on its part.

The euro was born with the idea of being a preponderant currency, but everything remained an illusion, but it is to mention that the yuan is also an irrelevant currency in the international market. All international purchases and sales in China are made in USD and the situation of loss of control reaches the point that its second largest company by market capitalization which is TENCENT is obliged to list, in addition to its benchmark, which is Hong Kong, in New York. Quite an insult to Chinese pride.

The financial place par excellence of the Asian market has always been Hong Kong. Moreover, the one that was for many years the main English international bank, had and has an Asian name, HSBC (Hong Kong, Shanghai Bank Corporation), because it was born there.

“Hong Kong’s technology and control are going to allow China the global preponderance they seek.”

China wants to control Hong Kong, and surely their pride is to blame, but as much or more than this, the reason is in the intention of controlling it financially. But controlling this financial plaza is only the beginning, they have to attack the USD status quo and there is where technology comes to their rescue.

I have defined money as an intermediate exchange asset, which to be usable as such must meet two requirements. One is stable and the other is issued by a body or estate that provides the necessary trust by providing the guarantee of last resort. If the security provided by blockchain technology is added to this, the cocktail will be perfectly prepared.

A coin with blockchain technology issued by the Chinese central bank, meets all the above requirements, and will manage to get out of control of the SWIFT system, which currently subdues the Chinese to the Americans.

Well, that’s it! And at the moment it’s called DCEP (Digital Coin Electronic Paid)

And they are definitely not interested in breaking the status quo in Hong Kong, because they have tried mounting a replica in Shanghai and have not succeeded. We will see Chinese attempts at financial control of the square in many areas. They will do it with patience, especially while their currency gains more and more weight, but that nobody expects changes in their current roadmap. The writer is sure that they will not move their control positions one iota.

They play a lot in this new silent war.