Foreign individuals, pension funds and trusts will be able to subscribe to public offers of an Indian company. "Qualified foreign investors will be able to invest in initial public offers or follow-on public offers as well," a finance ministry official said. The issue of voting rights for QFIs is also under discussion with market regulator Sebi, which is expected to issue a detailed notification by January 15, the official said. India had on Sunday announced its decision to allow QFIs to directly invest in the Indian equity market. A QFI is an individual, group or association resident in a foreign country that is compliant with Financial Action Task Force standards. QFIs do not include FIIs or their sub-accounts. – Economic Times
Dominant Social Theme: A brave new world of investment opportunities beckons.
Free-Market Analysis: We reported the other day on how China has further opened up its "markets" to "investments." And now India is doing the same thing (see article above). Coincidence? We try to look past that these days.
Nope. One can make the argument that the Anglosphere elites attempting to run the world are moving along with their apparent quest to create a global currency. From what we can tell, the ultimate goal is to implement the IMF's SDRs and use the IMF as a global central bank.
But in the meantime, the US dollar has to be destabilized. And that's just what is going on. It's hard to take a step back to see how the play is unfolding act by act, but if one takes the time (and has the energy) various facets come into focus.
The power elite playbook apparently includes leveling Western economies and bringing up the economies of the so-called developing world. This would now seem to be underway with a vengeance. Brazil, China and India – maybe eventually Russia, too – are all being dragged into a kind of central-bank initiated prosperity.
It is one that won't last, of course. Central banking "wealth" never does … as citizens in America and Europe are now finding out to their dismay. But the "wealth effect" allows elite manipulations to continue to make headway.
The China/India initiatives are not the only action on the global-currency front we've noticed. Couple this equity evolution with news contained in an incisive article by Brandon Smith of ALT Market (thanks feedbacker DannyB) analyzing China and Japan's new monetary closeness and you have a recipe for a continuance of the impending New World Order.
In an article entitled "New Asian Union Means The Fall Of The Dollar," Brandon Smith does a nice job of explaining how China is expanding the clout of the yuan as part of a larger "break" from the Greenback. Here's an excerpt from the article:
In 2009 and 2010, it became absolutely clear that China (with the help of global corporate entities) was developing the skeleton of a new system; a trade network that that had the capacity to supplant the U.S. and end the dollar's world reserve status.
Since then, Yuan bonds have spread across the planet, China has dropped the dollar in bilateral trade with Russia, the ASEAN trading bloc has formed into a tight shell of export partners, and that is just the beginning. Two major announcements in 2011 have solidified my belief that a complete dump of the dollar by eastern interests is near…
First was the announcement that China was actively and openly pursuing the establishment of a central bank for the whole of ASEAN, with the Yuan utilized as the reserve currency instead of the dollar … [Now] Japan has indeed entered into an agreement to drop the dollar in currency exchange with China and has expressed interest in melting into ASEAN. Japan has also struck somewhat similar though slightly more limited deals with India, South Korea, Indonesia, and the Philippines almost simultaneously.
One can look at these developments in one of two ways, in our view. Either the world really IS polarized increasingly into an Asia Versus the West economic paradigm. Or it is not. The second alternative implies that what is going on is a kind of charade – what we have called directed history.
That's where we are these days. The world is based on central banking – and that's an artificial system that didn't exist even 100 years ago. It's been put in place by a tip-top elite of banking families based out of the City of London with arms in Washington DC, the Vatican and Tel Aviv apparently.
These people know how central banking works. They understand it eventually bankrupts the countries that it is applied to. So do the Chinese and the Japanese. But in the case of the Japanese, the economic system was imposed from the outside, from the US after World War II.
The case of the Chinese is a bit more problematical. But after examining the issue we don't see how one can conclude that China's leaders are anti-West or that its elites are not part of the larger drive to build one-world government.
First of all, the British RAN China in the 1800s. And there is considerable (hidden) evidence in our view that the topmost Western elites wanted the Red Chinese to take over after World War II, just as these Anglosphere elites wanted the "Reds" to take over Russia following the communist revolution there.
Today, China has an entirely Westernized economic system in our view, complete with an incompetent and inflationary central bank and an increasingly consumerist society. Chinese leaders have also amassed some US$1 trillion in US obligations. Japan has nearly the same amount.
There is no way, in our view, that these two countries that do trillions in business with the West (and are in fact massively penetrated by the Anglosphere elite at the very top) are planning in some sense to confront the West economically. It's simply hard to believe.
Likewise, it's hard to believe that the Chinese (or Russians) plan some sort of military confrontation with the West, or certainly not one that could escalate to a nuclear level. At the very top, the elites are in league with one another. The 20th century shows that clearly.
Increasingly, with the aid of the Internet, it seems obvious to us that what passes for "global tension" is in fact an elaborate stageplay. Just look at the 20th century. The wars that convulsed the world are nearly inexplicable. There is inescapable evidence now that Wall Street funded the Soviet Union. Someday history will show that the ChiComs were similarly encouraged by the West.
This latest Greater Recession is similarly plotted. It doesn't take a "conspiracy theorist" to see it. One simply has to look at what's being erected around us. The structure of global governance is almost complete. The UN, IMF, World Bank, International Criminal Court, NATO and Interpol are all part of the New World Order. Should we deny these exist?
So how do you get from here to … there? Well, you do exactly what's BEING DONE. You dump the economies of the West to level them with the rest of the starving world. You do this through a combination of malicious treaties (NAFTA, CAFTA, etc) and via the ruinous mechanism of central banking.
At the same time, you bring up the economies of the BRICs and gradually shift the business of globalist corporations from West to East. This, too, is being done.
Will it work? Well … it's a big project! A lot of moving parts. We've argued in the past that the Chinese miracle is probably going to collapse and that will help turn the Great Recession into a Great Depression. But, heck, the elites may turn that to their advantage as well.
Let the world cry out in agony and the elites will respond soothingly with a global currency and more aggressive global governance. The one-world power conspiracy, of course, is a process just as is the Internet.
But we've pointed out in the past that at this particular juncture the information revealed by the Internet Reformation may simply prove too powerful for the elites to overcome. They may end up taking a step back as they apparently did after the advent of the Gutenberg Press.
In the meantime, we'll take nothing for granted. We don't think the world is dividing into various hostile regions. Not now. Or not yet, anyway. The same players are still in charge and they have the same goals.
For investors, however, the evolution of globalism is bound to be both a puzzle and an opportunity. One has to decide if India and China are viable powerhouses on a continual basis or whether a planned collapse is the order of the day. And then there is the issue of gold and silver (about which we've written regularly.)
To some degree, many of the questions we have may be resolved over time. From an investment standpoint that's problematic, however, as one needs to commit in ADVANCE of the resolution one seeks. What do we say to this? Only that we live in interesting and very unusual times.
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