Who remembers “Event 201” and what came afterwards? We’re playing it for real, today, right? So when the Powers That Be hold a Financial collapse simulation, it would be prudent to take note, yes? Martin
BY TYLER DURDEN
TUESDAY, DEC 21, 2021 – 11:20 PM
Earlier this month Reuters produced a report which didn’t receive nearly enough attention among the American public – its contents would be sure to alarm most people concerned with the outbreak of yet more ‘global catastrophes’. At the very least it’s curious timing: amid the recent pandemic induced disruption in global supply chains, powerful nations and banking institutions decided to get together to run a global economic collapse scenario.
The report described that Israel led a “10-country simulation of a It was centered on a catastrophic scenario in which “hackers were 10 steps ahead of us,” according to one official who took part.
Dubbed “Collective Strength”, the exercise was held in Jerusalem (after being moved from the original proposed location of Dubai) and included the participation also of the United States, UK, United Arab Emirates, Austria, Switzerland, Germany, Italy, the Netherlands and Thailand. Officials from the International Monetary Fund (IMF), World Bank and Bank of International Settlements were also involved.
The financial-geopolitical gaming simulation was set amid a scenario where sensitive data was leaked on the Dark Web, which combined with “fake news” reports going viral across societies, resulting in the collapse of global markets and an ensuing run on banks. Further, the simulation envisioned a series of devastating hacks targeting global foreign exchange systems, which also disrupted transactions between importers and exporters, according to Reuters.
The simulation set out a severe crisis period lasting about a week-and-a-half. Events were guided by a film and narrator which related the fast moving ‘live’ events…
“These events are creating havoc in the financial markets,” said a narrator of a film shown to the participants as part of the simulation and seen by Reuters.
Further the report detailed of the simulation hosted under the aegis of Israel’s Finance Ministry:
“The banks are appealing for emergency liquidity assistance in a multitude of currencies to put a halt to the chaos as counterparties withdraw their funds and limit access to liquidity leaving the banks in disarray and ruin,” the narrator said.
The participants discussed multilateral policies to respond to the crisis, including a coordinated bank holiday, debt repayment grace periods, SWAP/REPO agreements and coordinated delinking from major currencies.
Get your copy from our Online Store or your local book and magazine retailer
Australian Retail Locations » Uncensored Publications Limited
New Zealand Retail Locations » Uncensored Publications Limited
As censorship heats up and free thought becomes an increasingly rare commodity, we appeal to our readers to support our efforts to reach people with information now being censored elsewhere. In the last few years, Uncensored has itself been censored, removed from the shelves of two of our biggest NZ retailers – Countdown Supermarkets and Whitcoulls Bookstores – accounting for 74% of our total NZ sales.
You can help keep the Free Press alive by subscribing and/or gifting a subscription to your friends and relatives.
