In the April 7, 2021 Getter video, Mr. Miles Guo said challenging SWIFT system would be the same as committing a suicide for the CCP. The global transactions of RMB international payment system, CIPS accounts for only 2% of the global market. In addition, China has to import food and export products using the SWIFT system to survive. Yet, the CCP still wants to challenge the SWIFT system. Miles also said that taking down the CCP would be the only means for the U.S. to save its economy and the U.S. was initiating full-scale warfare against the CCP via the SWIFT, Bitcoin, the World Bank, the IMF, and the WTO, and of course, there would be no Beijing Winter Olympics in 2022.
You know about the SWIFT (Society for Worldwide Interbank Financial Telecommunication) system, which is a network tracking transactions in U.S. dollars. You all know that this system handles transactions in the order of trillions of dollars per year. Now the CCP is trying to challenge the SWIFT system and has launched the CIPS system (Cross-Border Inter-Bank Payments System), a so-called RMB international payment system. The CCP has mobilized about a hundred countries, including African countries, Russia, and Eastern Europe. Then they operate the system within themselves. But there are only approximately 30,000 transactions through the CIPS system a year. I am not so sure whether it is 30 thousand or 3 million transactions. Anyway, the total amount is about 300 million U.S. dollars per year. In comparison, the SWIFT system handles 3 million to even 8 million transactions per day. How much money in total per day? Four trillion or 3 trillion U.S. dollars per day. The CIPS RMB international transaction system has been around for a few years already, but it accounts for only 2% of the global market share. Nevertheless, the CCP still wants to challenge the SWIFT system. Does the CCP want to commit a suicide? They are arranging their own demise.
In addition, China’s food importation is an issue that affects Chinese people directly. China must buy at least 500 million tons of grain per year. In a dire situation like last year, China has to import as much as 800 million or even 900 million tons of grain. If they do not import this much food, Chinese people will die due to the lack of food. It cannot be otherwise. How does the CCP complete its transactions for food purchases? There is a SWIFT trading center in Amsterdam, one in New York and one in Belgium. The headquarter is in Belgium for the sake of tax evasion, right?
The SWIFT system tracks every penny of U.S. Dollar transaction. The real “swamp” tycoons are SWIFT and the U.S. Federal Reserve. There are three major international organizations in the world: the WTO (World Trade Organization), the World Bank controlled by Americans, and the IMF (International Monetary Fund) by Europeans. Think about these three major international organizations and the SWIFT system, brothers and sisters. Does the CCP have a chance to challenge them?
In what currency could the CCP pay for the 800 million tons of grain if it is not in U.S. dollars? In what currency can the CCP pay for it? The most absurd thing is that the CCP’s exports are about 20 trillion yuan a year. That is equivalent to 4 trillion U.S. dollars. So, Chinese exports are about 4 trillion U.S. dollars in total a year. What does that mean, my fellow fighters? It is like 600 million people relying on this to survive. Let’s assume 180 million to 200 million workers rely on these jobs, and each of them has two or three family members. That would mean 500 to 600 million people live on these exports. If the CCP failed to do 10 to 20 trillion yuan of exports every year, it would be difficult for them to survive. So how can they challenge the U.S.? It’s really committing a suicide. They intend to create a payment system together with Russia. Do you know the value of all the transactions that the Russia’s system has handled in one year? The answer is $600 million U.S. dollars, which is too embarrassing, right?
What do I want to tell everyone today? What situation will the CCP be facing if the World Bank kicks it out soon, the IMF kicks it out, the WTO kicks it out, and the SWIFT system kicks it out? And then a fatal strike to the CCP would be the Bitcoin being designated as an international criminal cryptocurrency or alternatively, being accepted by the U.S. as a legal currency, but with the condition that it must go transparent. If that happens, the money laundering scheme of the CCP’s high-ranking officials will be basically over.
That is not just decoupling. It would be like pushing the hook directly into the throat of the stupid pig, the CCP pig. People typically fish. Yet, this is fishing for a pig, fishing the CCP pig. So, brothers and sisters, let us wait and see. So you see how crazy the world is right now.
When the U.S. is running out all its stimulus plans, the U.S. dollar is bound to collapse. There is no chance for it to stop the U.S. dollars from declining or the downturn of the U.S. economy. The CCP is putting up a last-ditch struggle. Only by taking down the CCP can the U.S. economy regain its strength. Even if they do this, they must still go through a turbulent period. That is a fact. Everybody should sit still in your chair, brothers and sisters. When you have time, you’d better put a few more nails in your chair to make it more stable because the world is so crazy right now.
I learned yesterday and the day before that the U.S. will take some actions. The U.S. will conduct a comprehensive investigation of the origin of the virus to find out the truth. Whoever does not cooperate will be treated as an enemy. Then the U.S. will initiate full-scale warfare against the CCP via the SWIFT, Bitcoin, the World Bank, the IMF, and the WTO. Of course, there will be no [Beijing] Winter Olympics. What does that mean, brothers and sisters?
(The above translation and content are the view of the authors and do not necessarily reflect the view of GNEWS or others.)
Video source: https://gtv.org/getter/606dba8bdbc8001854a63a56 (00:22-04:01, 07:43-09:54)
 Thanks to Antsee-GTV and TING GUO for making the Chinese transcript available at https://gnews.org/zh-hans/1062405/
 Thanks to YY, Antsee-GTV, and Liberte for making English translation available at https://gnews.org/1070330/
Text editing & summary writing:【PawBear (Himalaya New York MOS)】
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Proofreader & Editor:【Isaiah4031】
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