Originally posted by warrenb
I have a theory...
Since they were in Italy...could they not have gotten these "funds" from the Vatican?
Afterall, the pope is the richest man on the planet...having assets and properties totalling in the trillions around the globe...
. The pope is not the richest man in the wold and you'd do well to educate yourself with sites such as
this
Originally posted by FunSized
I call BS on you
Originally posted by carlitomoore
Link: www.whatdoesitmean.com...
A Sorcha Faal Take on the bonds. BRIBE MONEY. I know people don't consider this a proper source, but just saw it after reading this thread and thought i'd post it.
www.japantoday.com...
$134 Billion suggests it's either fake or from a sovereign fund. However that amount is a large fraction of what most countries hold of US treasuries - it's unlikely that China would just hand 5% or 10% of all US Debt they own to a pair of guys. It would be as likely as someone carrying 70 out of all 72 Monet's in the world across the border - fakes.
What's more likely is this is North Korea smuggling forgeries, first by landing in port in Italy by private ship then crossing the border by land into Switzerland where NK's financial stash is known to be. The idea is there's less scrutiny at border crossings than by plane where it will pass through x-ray (true to a degree). Italy is the simplest entry to Switzerland by boat, and NK employs several boats for smuggling as has been thoroughly documented and in fact being discussed as we speak at the UN for the new resolution.
[...]
Consider these background facts:
* North Korean faced international sanctions over institutional counterfeiting of US $100 bills. The country has no qualms about mass producing counterfeit money.
* North Korea has repeatedly manufactured fake passports, such as the Dominican Republic one used by Kim Il Jung's son to repeatedly enter Japan (where he was caught wearing a diamond encrusted watch). He claimed he was visiting Disneyland, but witnesses say he went straight to the red light district. The country has no qualms about mass producing counterfeit passports and claiming fake citizenship.
* There are a million ethnic Koreans in Japan who are otherwise Japanese, about a third of whom identify with North Korea and have supported North Korea's policies including kidnapping, murder, and international terrorism. North Korea has in fact admitted to these allegations, which are the crux of Japan's stance in six-way talks. North Korea has no qualms about terrorism, murder, kidnapping, or any crimes in general.
* North Korea's counterfeiting, missile sale, and opium production are all designed to generate hard currency it desperately needs to survive. It will do anything to get money.
* One of the few safe havens in the world for North Korea is Switzerland due to its strong neutrality. Kim Il Jung's heir went to school there and Switzerland serves as a repository for much of North Korea's currency and banking needs.
* North Korea has been known to use its small fleet of ships to transport agents into various countries for its crimes - as demonstrated by their use in kidnapping operations off Japan. Agents prefer to disembark by ship and cross borders by land.
* As only China, Japan, and Russia even possess this amount in bonds these are the only nationalities any smugglers would claim. Alas, such denominations of bonds do not exist in this amount and would be accounted for in any case, and they are almost definitely forgeries.
* North Korea has a colorful history of organized crime dating back decades - not many years have to pass for another bizarre pattern of crimes to emerge and it was only a couple of years ago they were caught for mass counterfeiting of dollars.
Originally posted by jefwane
Original German article from Welt Online
That's pretty damn interesting. If we were in a normal economic cycle I'd throw this story in with the likes of Leo Wanta, GATA, and Sorcha Faal; but, we are not in normal times are we?
