Here's the article below that show that on April 30th, China & the US were working together on the New Economic Silk Road that will favor world trading more efficiently.

Beijing Hires Princely Fox to Guard their OBOR Henhouse
http://journal-neo.org/2017/04/30/beijing-hires-princely-fox-to-guard-their-obor-henhouse/
April 30, 2017,

Here's the article below that show that on April 30th, China & the US were working together on the New Economic Silk Road that will favor world trading more efficiently.

Beijing Hires Princely Fox to Guard their OBOR Henhouse
http://journal-neo.org/2017/04/30/beijing-hires-princely-fox-to-guard-their-obor-henhouse/
April 30, 2017,

[quote]The Chinese government newspaper, Global Times, made public that a Hong Kong-based company called Frontier Services Group (FSG) will build two operational bases in Northwest China’s Xinjiang Uyghur Autonomous Region and Southwest China’s Yunnan Province. Xinjiang and Yunnan provinces are at the heart or geographical pivot of China’s vast, developing One Bridge, One Road high-speed rail, port and energy pipeline infrastructure undertaking. What is notable about Beijing’s engaging this FSG security company, is its chairman.

The Chairman and principal operating executive of Frontier Services Group is the world’s most notorious mercenary, Erik Prince, founder of the now-defunct Blackwater Security. In an interview with the London Financial Times, Prince recently described his work with China stating, “We’re not serving Chinese foreign policy goals, we’re helping increase trade.” He added, “China trading with its neighbors and building infrastructure brings only benefits. We’re not serving Chinese foreign policy goals, we’re helping increase trade.” Prince goes on to insist, “This is not a Chinese version of Blackwater. FSG is a logistics company; we are not a security company. None of our people have been or will be armed. But security management is certainly part of the logistics process.”

Security management is euphemism for bodyguards. Maybe Prince’s people have mastered the martial arts skills of Jason Statham who never needs firearms. Or maybe he is a liar. In either case, it’s a major event that China makes Erik Prince, ex-Navy Seal, CIA asset and co-founder of the notorious Blackwater, as guardian of its strategic New Economic Silk Road.

CITIC

The relationship to the Chinese seems not at all minimal or uninformed. FSG’s largest investor is CITIC, an investment fund owned and controlled by the People’s Republic of China. CITIC owns 20% of Frontier Services Group. CITIC reportedly first met Erik Prince in 2013 when Prince was in Hong Kong looking for investors for his Africa security group. Along with Prince as board chairman, the board of FSG includes Dongyi Hua, who is tied with a subsidiary of CITIC, as Acting CEO. Dongyi Hua’s business address in Beijing is listed as CITIC Tower. Chun Shun Ko is Deputy Chairman at Frontier Services Group. Both are Chinese nationals based in Beijing.

The Chinese apparently first took notice of Prince because of his security work protecting oil and gas pipeline companies in conflict zones of Africa such as Nigeria against the al Qaeda-tied Boko Harem, as well as South Sudan where China has major oil investments. Now, in a March 21 interview in the Chinese state Global Times paper, Prince announced his FSG has been hired to build two of what the company calls “operational bases.” He stated that, “in late 2016, FSG expanded its geographic focus from purely Africa to include the Northwest and Southwest corridors of the One Belt and One Road initiative.” Erik Prince is responsible for security at the very heart of China’s One Belt, One Road project, a project that holds the promise of a positive alternative to the collapsing Atlantic world of NATO.

Prince stated in his interview with Global Times, “The Northwest corridor includes the countries of Kazakhstan, Uzbekistan, Pakistan, Afghanistan and the Southwest corridor includes Myanmar, Thailand, Laos and Cambodia,” adding that “The planned new facility in China’s Yunnan Province will allow FSG to be able to better serve companies in the Southwest corridor. Subsequently, FSG will be opening a training facility in Xinjiang to serve businesses in the Northwest corridor.”

The FSG base in Northwest China’s Xinjiang Uyghur Autonomous Region will be in the heart of CIA-instigated Uyghur terrorism activities. Xinjiang is home to the CIA-fostered East Turkistan Islamic Movement (ETIM) of Al Qaeda, active among Uyghur Muslims in Xinjiang. Xinjiang itself is the crossroads of most major international oil and gas pipelines into China from Kazakhstan, Russia and elsewhere as well as domestic China oilfields. The second “operational base” will be in Southwest China’s Yunnan Province, where Kunming is the strategic hub of the entire Myanmar oil and gas pipelines and deep water port to the Indian Ocean as well as the emerging crossroads of the vast One Road, One Road high-speed rail infrastructure under construction that will reach to Singapore and all Southeast Asia.

In it for the money?

Erik Prince insists that he is not building a “Chinese Blackwater,” but merely making business with the Chinese in their vast trade project to provide corporate security and other services. He insists that none of the security personnel of FSG are armed.

For their side, the official China Global Times interviewed Chinese experts who defend the hiring the private corporate security company of Erik Prince. Wu Xinbo, director of the Center for American Studies at Fudan University, told the Global Times that “security services for Chinese overseas enterprises should be bolstered to better implement the One Belt and One Road initiative. It is advisable for China to draw experience from private US companies.” Li Jiang, director of the international affairs department in the China Security and Protection Group, an arm of China’s Ministry of Public Security, added that

“Chinese companies desperately need overseas protection services. Chinese security service companies lack advanced management theories.”

Advanced “management theories” in private mercenary killing is certainly Erik Prince’s stock in trade. His Blackwater Security was hired by the CIA during the Iraq war in contracts amounting to over $600 million. Blackwater co-founder was Jamie Smith, was a former CIA officer who became Vice President of Blackwater USA and Director of Blackwater Security Company. Cofer Black, Blackwater vice-chairman from 2006 to 2009, was formerly director of the CIA’s Counterterrorist Center. In short Prince’s operation is a private CIA, unrestricted by US government restraints on covert operations.

Blackwater became notorious for the Nisour Square massacre in September 2007, when Blackwater employees opened fire in a crowded square in Baghdad, killing 17 Iraqi civilians including children, and seriously wounding 20 more. Three guards were convicted of 14 manslaughter charges, and another of murder, in a US court. After that in 2010 he sold the company and regrouped under the name Academi. In 2010 Prince’s company received another $100 million to do work for the CIA. In 2009 it was revealed that he was part of a CIA task force commissioned to kill terrorists. He even was hired to provide security to the Langley, Virginia CIA headquarters.

Trump Ties

Interesting to note as well are Erik Prince’s ties to the Donald Trump Administration. Prince, who knows Trump personally, gave over $100,000 to Trump’s election. His sister, billionaire Betsy DeVos of the AmWay family, is Trump Administration Secretary of Education. More to the point is that Prince is close friend to White House Chief Strategist in the Trump administration, Steve Bannon. According to one former US senior official, Prince had even advised the Trump transition team before January 20 on matters related to intelligence and defense, “including weighing in on candidates for the Defense and State departments.” In addition to Bannon, Erik Prince is close friend of vice President Mike Pence, who as Vice President cast a rare tie-breaking vote in the 50-50 vote in the Senate that allowed Prince’s sister, Betsy DeVos, to become Education Secretary. Prince is also close with billionaire hedge fund operator Robert Mercer of Renaissance Technologies, a key financier of Trump’s election and of Brexit in the UK.

It can well be and is perhaps likely, that the Beijing authorities see two gains from hiring Erik Prince to run security on the critical arteries of China’s One Belt, One Road. One is the fact that Erik Prince is demonstrably one of the world experts at corporate security in terrorist-prone regions. And he knows techniques perhaps unfamiliar to Chinese security companies. The second reason could well be Erik Prince’s intimate ties with a Trump Administration that rhetorically campaigned on a hard anti-China theme, where Beijing hopes that Prince as their “friend” with direct ties to Trump people, might be able to mediate better relations with Washington.

If that is the case, Chinese authorities might reconsider whether in pursuit of those understandable goals, they have just sanctioned a sly and highly dangerous fox to guard the henhouse called the One Bridge, One Road. Erik Prince, a “former” CIA asset and world leading mercenary, is now in a position to provide Washington with the most intimate intelligence on the development of China’s New Economic Silk Road. As well, he could easily, were he inclined to be immoral, provide CIA terrorist handlers of groups such as ISIS or al Qaeda precise targets for future sabotage or disruption of the new Silk Road project.

F. William Engdahl is strategic risk consultant and lecturer, he holds a degree in politics from Princeton University and is a best-selling author on oil and geopolitics, exclusively for the online magazine “New Eastern Outlook.”

Elle,

Do you do any research into who you quote here?

That website is run by someone from the LaRouche Movement started by Lyndon LaRouche. He has ties to the radical far left, in other words, hard core socialists, revolutionaries. Socialists are out to destroy liberty, pure and simple. It's their reason for existence. They are the group that covered up Stalin's massacres and, until they had no choice because of all the evidence, supported Hitler. Socialism is responsible for the deaths of more than 60 million people since WWII and was the platform of both Hitler and Stalin.

That article is one string of unsupported allegations after another. The author gives no evidence whatsoever for the claims he makes. It is propoganda from a source out destroy liberty by attempting to destroy faith in the founding principles of the US.

"The LaRouche movement is a political and cultural network promoting Lyndon LaRouche and his ideas. It has included many organizations and companies around the world, which campaign, gather information, and publish books and periodicals. The movement promotes a revival of classical art and a greater commitment to science; advocates the development of major economic infrastructure projects on a global scale; and calls for a reform of the world financial system to encourage investment in the physical economy and suppress financial speculation.

....

Cultural, economic, and scientific initiatives

Main article: Views of Lyndon LaRouche and the LaRouche movement
1.-Restoration of Glass-Steagall. Since 2007, the movement has actively campaigned to restore the Glass-Steagall Act, to separate commercial banking from speculative investment banking, protecting the former and not bailing out the latter.[4]
2.-New Bretton Woods. Advocates the abandonment of floating exchange rates and the return to Bretton Woods-style fixed rates, with gold, or an equivalent, used as under the gold-reserve system. This is not to be confused with the gold standard, which LaRouche does not support.
3.-American System. Espouses a new "American System" of federalized infrastructure projects and national banks and regulation. Named for the historical American System of Henry Carey, but owing more to the ideas of the expansive American School.
4.-Eurasian Land Bridge. Lectures and writes on behalf of a "Eurasian land-bridge", a massive high-speed maglev railway project to span continents and re-invigorate industry and commerce.
5.-Scientific pitch. Argues in favor of what they call "Verdi tuning" in classical music, in which A=432 Hz, as opposed to the common practice today of tuning to A=440 Hz.
6.-Mars colonization. Recommends colonization of the planet Mars, on similar basis as many others in the field, that human survivability depends on territorial diversification.
7.-Strategic Defense Initiative. Supported directed beam weapons for use against ICBMs, and claims credit as the first to propose this to Ronald Reagan. LaRouche does not support rocket-based defensive systems such as anti-ballistic missiles.

Beijing is hosting a high-level international cooperation forum, dubbed "One Belt, One Road,” which brings together dozens of heads of state and government, along with financial organizations and hundreds of business representatives and entrepreneurs.

"Spanning thousands of miles and years, the ancient silk routes embody the spirit of peace and cooperation, openness and inclusiveness, mutual learning and mutual benefit," Chinese President Xi Jinping said at the opening of the forum. "The Silk Road spirit has become a great heritage of human civilization."


Xi also undertook to build a “road of peace” as he emphasized the need to respect the sovereignty and national interests of each and every state. The Chinese president added that he also wants it to be a “road of prosperity,” focusing on cooperation and production that would aim to maintain a dynamic growth.

The initiative, Xi said, is based on transparency and efficient resource allocation, with “no intention of creating a small group detrimental to stability.”

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Speaking after the host of the conference, Russian President Vladimir Putin noted that, unfortunately, “protectionism and unlawful restrictions” have become the new norm in the modern world.

“We cannot resolve modern challenges by using old approaches. We need new ideas. We need to abandon all stereotypes,” Putin urged.

“We should set a role model for the global community of how we can work together, develop together, based on equality and respect for national sovereignty based on international law and the United Nations principles.”

Russia is ready to join the development of “new modern transport corridors,” Putin said, as well as to contribute to “large scale energy infrastructure projects.” Putin also called for scientific cooperation and to “set up international laboratories” which can contribute to regional development.


“Civilization project for the future,” as Putin called the New Silk Road, should bring stability and prosperity along its way.

Taking the stage after Putin, Turkey’s President Recep Erdogan emphasized that a project of such scale will encourage greater intergovernmental cooperation and strengthen the “climate of solidarity” among all partners. The establishment of a new, coherent political and economic system will “pave the way in a new era,” said the Turkish leader leader whose country was an important point of convergence during the times of the ancient Silk Road.

Rounding-off the opening ceremony as the final speaker, the Secretary-General of the United Nations, Antonio Guterres, said the Silk Road project has “immense potential… far-reaching in geography and ambition.”

Putin arrived in Beijing to offer concrete initiatives to implement and strengthen the Beijing-led Silk Road project which top delegates of 29 nations will discuss over two days at the Belt and Road Forum in the Chinese capital.

Hosted by Chinese President Xi, the forum will offer a unique opportunity for the world leaders to engage in a wide range discussions. Putin is one of the keynote speakers.

High-level interactions between Russia and China have intensified over the recent years and Moscow is ready to promote ways to cooperate in trade, cultural and scientific exchange in an effort to boost the reincarnation of the ancient and famed Silk Route.

According to the Russian president’s press service, Putin plans to present Moscow’s vision, outlining the prospects for economic development in Eurasia. He also plans to propose a number of concrete initiatives to build the shortest cost-effective and efficient transport routes through the territory of Russia for the delivery of goods from the Atlantic to the Pacific.

Among other plans, Russia wants to strengthen the interconnection of the Asian Pacific countries in the energy sector. As the demand for electricity in the Asia-Pacific region is rapidly growing, Moscow wants to create an energy ring between Russia, Japan, Korea, China and Mongolia which was first discussed at the Eastern Economic Forum in Vladivostok in 2016.

China and Russia share infrastructure development plans in the Far East region. China, for instance, has attached great importance to integrating the Eurasian Economic Union with this Beijing led mechanism.

“China regards Russia as a key partner when implementing the concept,” the Kremlin said in a statement. “Russia, in turn, is interested in using the opportunities provided by the Chinese initiative for implementing major joint projects – including the economic development of the Russian regions of Siberia and the Far East.”

Xi and Putin have been discussing potential development regularly throughout the course of the year. Both leaders met at high-level international forums, including the Shanghai Cooperation Organization summit in June in Astana, Kazakhstan. They also met at the BRICS summit in Xiamen, China in September and the Asia-Pacific Economic Cooperation forum in Vietnam in November.

The Belt and Road Initiative was first proposed by China in 2013. It envisions two components: the Silk Road Economic Belt and the 21st Century Maritime Silk Road that are expected to cover more than 60 percent of the world’s population and more than one-third of the global economic output.

The Chinese proposal envisages the creation of six economic corridors: Bangladesh-China-India-Myanmar, China-Mongolia-Russia, China-Central Asia-West Asia, China-Indochina Peninsula, China-Pakistan Economic Corridor and Eurasian Land Bridge.

The list of the 28 confirmed heads of state and government attending the forum also include Philippine President Rodrigo Duterte, Turkish President Recep Erdogan and Italian Prime Minister Paolo Gentiloni.

But not all countries are roused by the China-led project. Washington, for instance, is sending a low-level delegation led by White House adviser Matt Pottinger, while France, Germany, and Britain are to be represented by finance officials.

Politicians aside, the forum will hear from over 80 leaders of international organizations, including, the United Nations Secretary-General Antonio Guterres, International Monetary Fund Managing Director Christine Lagarde, and World Bank Group President Jim Yong Kim. Some 1,500 business representatives and journalists are expected to attend.

I can't remember if I asked about, I think it was, Puerto Rico going bankrupt. I'm surprised you haven't listed anything about it.

Isn't Jubilee actually a bail-out, a bankruptcy?
Isn't a bail-out actually a canceling of debts?

A bail-in is rescuing a financial institution on the brink of failure by making its creditors and depositors take a loss on their holdings. A bail-in is the opposite of a bail-out, which involves the rescue of a financial institution by external parties, typically governments using taxpayers money.

Typically, bail-outs have been far more common than bail-ins, but in recent years after massive bail-outs some governements now require the investors and depositors in the bank to take a loss before taxpayers.

Read more: Bail-In Definition | Investopedia http://www.investopedia.com/terms/b/bailin.asp#ixzz4hNrpnqET

...
The government owes the money.
The government is for the people.

The government provides "services" for the people.
Therefore, the people owe the money.
The creditors, in effect, want the people to pay up.

So a bail-out, a bankruptcy, is actually forgiving the debts of the people.

But your idea of "jubilee" what you're suggesting seems a little slanted, unfair, unequal. Some debts canceled, but not others. So if you're trying to make it "Biblical", I'm not seeing anything here.

...I think only the debts owed to the Babylonian Elites that will be cancelled by which was caused by their unlawful practices

Whereas, the debt owed to other countries from buying their goods -- these I don't believe these will be cancelled.

Having been accused, and found guilty, of rigging and manipulating virtually every possible asset class, perhaps it was inevitable that Deutsche Bank, currently on trial in Milan for helping Banca Monte dei Paschi conceal losses (as first reported last October in "Deutsche Bank Charged By Italy For Market Manipulation, Creating False Accounts") is now facing accusations that it was actually running an international criminal organization at the time.

In the closely watched lawsuit, prosecutors used internal Deutsche Bank documents and emails to persuade a three-judge panel to rule [b]that there were additional, aggravating circumstances to the charges the German lender already faces related to various derivatives transactions. As Bloomberg reported overnight, the material included a London trader’s "well done!" message to a banker who is now on trial.

The reason why prosecutors are seeking expanded charges against the German banking giants is that by allowing prosecutors to argue that the bank's market manipulation crimes were committed by an organization operating in several countries would lead to higher penalties if they win a conviction.

Predictably, Deutsche Bank's lawyer, Giuseppe Iannaccone, sought to block the move at Tuesday’s hearing, saying there wasn’t a clear connection between the original charge of market manipulation and the alleged aggravating circumstances. “The trial for Deutsche Bank managers becomes more problematic after the judge’s decision,” said Giampiero Biancolella, an attorney specializing in financial crime who isn’t involved in the case. “If proven, the aggravating circumstance may increase the eventual jail sentence for the market manipulation to a maximum of nine years.”

As a reminder, Deutsche Bank and Japan's Nomura both went on trial in Milan in December, accused of colluding with Monte Paschi to cover up losses that almost toppled the Italian lender before its current battle for survival. Thirteen former managers of Deutsche Bank, Nomura and Monte Paschi were charged for alleged false accounting and market manipulation. Focuing on the German bank, six current and former managers of Deutsche Bank, including Michele Faissola, Michele Foresti and Ivor Dunbar, were charged in Milan last year for colluding to falsify the accounts of Monte Paschi (which itself is so insolvent it recentl got its third state-funded bailout) and manipulate the market.

As a further reminder, Michele Faissola is the DB banker who was implicated in the death of DB's senior risk manager, William S. Broeksmit, who was found dead in 2014 after committing a still unexplained suicide.

Going back to the accusation that Deutsche Bank is a global criminal cartel, the prosecution’s request to label Deutsche Bank an international criminal association hinged on events that occurred in other parts of the globe, including the possible manipulation of an index, which isn’t the subject of charges in the Milan case. Specifically, as Bloomberg previously reported, a 2014 confidential audit commissioned by German regulator Bafin said that Deutsche Bank employees may have manipulated internal indexes to help ensure the success of the deal. The study, requested by Bafin, said an internal Deutsche Bank review described “abnormalities” in the values of proprietary indexes used to set the price for the Monte Paschi deal in December 2008.


Iannaccone, the lawyer for Deutsche Bank who is also defending Foresti, said the judge’s decision had to be respected and declined to comment on it. "We will clarify everything during the trial." While investigators at the Frankfurt-based bank couldn’t “unequivocally” link the spike to manipulation or the deal’s outcome, according to the Bafin-commissioned audit, the communications among the Deutsche Bank employees "provide a connection between the trading activity and the MPS transaction," the bank’s internal probe concluded.

Should the judge in the Milan case find Deutsche guilty of "running an international criminal organization", it will be a new low for the bank whose actions over the past several years have attracted global attention due to its criminal breach of laws and regulations in every market in which it has participated, resulting in dramatic and periodic executive changes, as well as the non-payment of bonuses for virtually all employees in 2016 as the bank's stock briefly crashed to all time lows last summer.