International Finance Leaders Hold ‘War Game’ Exercise Simulating Global Financial Collapse. Should We Be Worried?

Guest Post by Michael Nevradakis

High-level international banking officials and organizations gathered last month for a global “war game” exercise simulating the collapse of the global financial system. The tabletop exercise was reminiscent of “Event 201,” the pandemic simulation exercise that took place just before COVID-19 entered the global scene.

High-level international banking officials and organizations last month gathered in Israel for a global “war game” exercise simulating the collapse of the global financial system.

High-level international banking officials and organizations last month gathered in Israel for a global “war game” exercise simulating the collapse of the global financial system.

The tabletop exercise was reminiscent of “Event 201” — the pandemic simulation exercise that took place in October 2019, shortly before COVID-19 entered the global scene.

The “Collective Strength” initiative was held for 10 days, beginning Dec. 9, 2021, at the Israeli Finance Ministry in Jerusalem. It was relocated to Jerusalem from the Dubai World Expo over concerns about the Omicron variant.

Israel led a 10-country contingent that also included treasury officials from the U.S., Austria, Germany, Italy, the Netherlands, Switzerland, Thailand and the United Arab Emirates.

Representatives from supranational organizations, such as the International Monetary Fund (IMF), World Bank and Bank of International Settlements (BIS), also participated.

Described as a simulated “war game,” the exercise sought to model the response to various hypothetical large-scale cyberattacks on the global financial system, including the leaking of sensitive financial data on the “Dark Web,” hacks targeting the global foreign exchange system, and subsequent bank runs and market chaos fueled by “fake news.”

However, the main theme of “Collective Strength” appears not so much the simulation of such cyberattacks but, as the name of the initiative implies, the strengthening of global cooperation in cybersecurity and the financial sector.

As reported by Reuters, participants in the simulation discussed multilateral responses to a hypothetical global financial crisis.

Proposed policy solutions included debt repayment grace periods, SWAP/REPO agreements, coordinated bank holidays and coordinated delinking from major currencies.

The idea of simulated delinking from major currencies raised some eyebrows because of its timing — on the same day participants gathered to launch “Collective Strength,” reports circulated that the Biden administration was considering removing Russia from the global electronic-payment-messaging system known as SWIFT, short for Society for Worldwide Interbank Financial Telecommunication.

This measure would be part of a package of economic sanctions the U.S. would levy against Russia should it attack Ukraine.

However, what may raise even more eyebrows is the list of participants in the “Collective Strength” simulation, which includes: the IMF and World Bank, and indirectly, the World Economic Forum (WEF).

It was the WEF, along with the Bill & Melinda Gates Foundation and the Johns Hopkins Bloomberg School of Public Health, which ran the simulated “Event 201” in October 2019.

As previously reported by The Defender, the WEF also supported the development of financial instruments, such as credit and debit cards, that would track “personal carbon allowances” on an individualized basis.

An executive summary issued in November 2020 by the Carnegie Endowment for International Peace, in collaboration with the WEF, provided a rundown of just the type of scenario that was simulated as part of “Collective Strength.”

The report’s authors, Tim Maurer and Arthur Nelson, described a world whose financial system is undergoing “an unprecedented digital transformation … accelerated by the coronavirus pandemic.”

In such a world, the authors argued, “cybersecurity is more important than ever.”

Describing protection of the global financial system as an “organizational challenge,” the report pointed out there is no clear global actor in charge of protecting the global financial system or its digital infrastructure.

The executive summary went so far as to describe a “disconnect between the finance, the national security and the diplomatic communities.”

The solutions identified by Maurer and Nelson included:

  • The need for “greater clarity” regarding roles and responsibilities
  • Bolstering international cooperation
  • Reducing fragmentation and increasing “internationalization” among “siloed” financial institutions
  • Developing a model that can then be used in unspecified “other” sectors.

But which “other” sectors?

This set of recommendations was classified by the authors in their report under “Digital Transformation: Safeguard Financial Inclusion.”

One such recommendation reads as follows:

“The G20 should highlight that cybersecurity must be designed into technologies used to advance financial inclusion from the start rather than included as an afterthought.”

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47 Comments
Brewer55
Brewer55
January 11, 2022 9:36 am

Cyber Armageddon by the WEC with Klaus (Dr. Evil) Schwab leading the way and now a 10 country table top exercise in Israel (which included the U.S.). The signaling is complete. Now — “Brace Yourself”.

In a few weeks, I’ve got a 500 lb. propane tank getting buried on my property to tie in to the existing 250 lb. tank.
The owner told me the tanks he just got in are from an order in June. He was told by the manufacturer (in Mississippi) that any new orders would not be filled until 2023. The prices for tanks have gone up significantly too. I was thinking about a 1,000 lb. tank until I found out they are $10,000!

What are you doing to prepare?

NickelthroweR
NickelthroweR
  Brewer55
January 11, 2022 11:07 am

My preps are far more primitive. I just dropped a wood stove in my attached garage. The master bedroom is above the garage and the garage itself is very well insulated being mostly underground. To keep it going, I purchased two battery-operated chainsaws. My chainsaws, lawnmower, rototiller and hedge trimmer all use the same battery pack and I have the means to recharge them using solar panels.

The survivors are going to be desperate for gardens and a battery-operated rototiller will allow me to help my neighbors in exchange for whatever gold they happen to have.

In so far as this article is concerned, I do not see them crashing the economy anytime soon as that will lead to instant famine and chaos in the Marxist regions.

Brewer55
Brewer55
  NickelthroweR
January 11, 2022 12:13 pm

Good plan; good job!

Longest John Silvers
Longest John Silvers
  NickelthroweR
January 12, 2022 2:10 am

That’s all great, but you should expect to realize a need for hard labor and older generation tools and methods. We’ve got all that battery-powered stuff, too, but we also have old tools.

lamont cranston
lamont cranston
  Brewer55
January 11, 2022 2:10 pm

Neighbor & I found eight 500s in perhaps the most unlikely place…Hilton Head Island! Well, it’s only a 50 min drive. Cost? $3000 each, and we provided transport.

24KV generator arriving next week. Broccoli is sprouting, collards, cabbage & celery look great. 10′ x 12′ greenhouse going up by the end of January. Ordering a 40′ x 60′ this summer.

Well drilled, waiting on the desalinazation unit install (we live on 6 acres w/ a double marsh view, so it’s a must – 3,500 mg/kg sodium comtent).

Never thought we’d hve to do these things.

Brewer55
Brewer55
  lamont cranston
January 11, 2022 2:41 pm

The price here locally, if you can get one, is $2700 for the 500 lb. tank (for above ground) and $3000 for a 500 lb. tank to be buried, which is what I got. They use a 3rd party well digging company to bury it and that is going to cost me $600. I’m also on 6.5 acres in the country of NE Georgia. Everyone around me has acreage and are conservative and, the 2 on either side of me are Christians too. I already bought BAOFENG handheld radios to supply to them when TSHTF. I’ve also got some egg laying chickens and bee hives.

And yes, I never thought I’d have to be thinking and reacting this way either.
Good job with what you are doing.

James
James
  Brewer55
January 11, 2022 2:55 pm

Brew,I also bought a lot of the Baos(added whips to em),that said,work with the folks now with this comm. stuff/have it down to a science.

I bought em on great sale and have some double caged for emp ect.

I have been thinking this way since Waco,that was me red pill/down the rabbit hole moment,late as in me late 20’s then but still early enough to see the writing on the wall.

Brewer55
Brewer55
  James
January 11, 2022 2:59 pm

Most guys your age blow all this stuff off. I applaud you on paying attention to the signs of the times. For me it was 2 things; the crash of ’08 and Oblahblah getting elected. I knew nothing would be the same again. My adult children probably thought I was really out in left field when I started warning them about what was coming. My son has been on board now for a good 4-5 years. My oldest daughter, unfortunately, has gone from clueless to what is going on in this nation and the world to a full blown lib. I pray for her all the time to see the truth on everything.

Longest John Silvers
Longest John Silvers
  Brewer55
January 12, 2022 2:13 am

I’ve heard of the country of Georgia, a former Russian territory. but they’ve divided it further to create a NorthEast Georgia? Hmm.

Longest John Silvers
Longest John Silvers
  lamont cranston
January 12, 2022 2:11 am

You do realize a generator (just the noise alone, not the effect) is going to be a magnet for those who want and need what you have. How many in your army?

david
david
January 11, 2022 9:43 am

Should We Be Worried?

If it’s anything like that Oct 2019 covid war games summit, YES!!

BL
BL
January 11, 2022 10:09 am

The Us Army is getting ready to have a gorilla warfare exercise on private property for two weeks starting 22 January. This exercise will be a realistic battle between young soldiers and “freedom fighters” in North Carolina during that period.

TRANSLATION: TPTB will be staging this battle to get footage to play on the news medias as ACTUAL gorilla warfare to start a CW. Typical……

BL
BL
  BL
January 11, 2022 10:15 am

I guess now that the vaccine cull is out of the bag, they have decided to just get bullets flying and shoot us instead. Typical, but I repeat myself…….

Longest John Silvers
Longest John Silvers
  BL
January 12, 2022 2:14 am

Shoot them and take theirs to arm yourself.

Mary Christine
Mary Christine
  BL
January 11, 2022 10:26 am

What was that weird joint exercise with the UN in 2015? Jade Helm? We need to realize fast that we are already in WWIII and the war is the governments against their own people.

I think they have been gaming this for years, probably decades.

BL
BL
  Mary Christine
January 11, 2022 10:51 am

MC- The Russian Revolution in disguise. Communism for everybody comrade.

But…. What if they gave a revolution and nobody came? They better start hiring the mercs for the good ole’ boys to have target practice. The good news, gorillas generally win.

Most of what they put on tv as “war” now days is mercs fighting mercs and they use the video as being actual war.

Red River D
Red River D
  BL
January 11, 2022 10:56 am

comment image

GORILLA warfare.

Longest John Silvers
Longest John Silvers
  Red River D
January 12, 2022 2:15 am

Glad someone snuck that in there. I didn’t have the heart to point it out.

Anonymous
Anonymous
  BL
January 12, 2022 1:55 am

SF does training like this at least every year.

Mary Christine
Mary Christine
January 11, 2022 10:28 am

James Corbett’s prediction for 2022 is a huge cyber outage incident. He doesn’t make these kinds of predictions lightly. Everything points to it.

He says he hopes he is wrong. I hope he is too. But I’m afraid he is not.

Brewer55
Brewer55
  Mary Christine
January 11, 2022 2:43 pm

Agreed. Too many indicators that this is on the horizon and probably soon.

Longest John Silvers
Longest John Silvers
  Mary Christine
January 12, 2022 2:16 am

I expect he’s at least mostly wrong. Without us being connected, how will they keep tabs on the purebloods?

Zulu Foxtrot Golf
Zulu Foxtrot Golf
January 11, 2022 10:56 am

I hope they use the variable regarding mobs of people hunting them (bankers and politicians and their henchmen) down and flaying them alive into the sim.

ZFG, out.

Zulu Foxtrot Golf
Zulu Foxtrot Golf
January 11, 2022 11:03 am

Fucken double posted shitter I am. But it is twice as important to stress it lol.

ZFG, out.

BL
BL
  Zulu Foxtrot Golf
January 11, 2022 11:12 am

You can say that again ZFG…..

Anonymous
Anonymous
January 11, 2022 11:14 am

Like event 201 , if you had your BULL SHIT filters on high alert you would know we were all about to get FUCKED ! How hard and for how long and who would gain and how much was the only questions !
COvid 19 and the vaccine debacle decimating all of the great unwashed was the plan !
Now this economic meeting is a set up to drive the final nails in our American Nations coffin .
BOHICA

Anonymous
Anonymous
January 11, 2022 11:30 am

“Treasury officials”? What the heck does that even mean? That they are smart? Know stuff about money? That they suck Jewish dick? Anyway,

United States – “when we run out of money we just print more”.

Austria – a pretty place becoming a little Nazi shithole. “If we need money we just confiscate it.”

Germany – A big Nazi shithole. “If we need money we just confiscate it.”

Italy – A Fascist shithole. “If we need money Germany will give it to us.”

Netherlands – A Socialist shithole where whores and drugs are legal. Zero fucks to give.

Switzerland – Nation of bankers pretending to be neutral. Most corrupt shithole on the planet. “If you have money we’ll hide it for you.”

Thailand – Have given venereal disease to more American soldiers than the rest of the world combined. Entire GDP is gross, based on under-aged pussy and faggots. “Hey, GI! Blowjob only five dollah!”

United Arab Emirates – Camel fuckers with oil. Zero fucks to give.

Someone please tell me why I should give a fuck about these “treasury officials” playing a fucking game.

James
James
  Administrator
January 11, 2022 2:50 pm

Time to become that snow flake!

God allowed me to live another day,now tis the time to make that the rest of societies problem!

Captain_Obviuos
Captain_Obviuos
January 11, 2022 11:48 am

Wait a second, my bullshit detector just went off the charts here. WARNING! *ding*

It was relocated to Jerusalem from the Dubai World Expo over concerns about the Omicron variant.

Let me get this straight: they were so concerned about Omicrock they moved the whole shebang to Jerusalem, where there is supposedly a huge CONVID/Omicrock problem.

Is that part of the game?

James
James
January 11, 2022 12:03 pm

“Should we be worried”

No,just keep prepping.

New to prepping here is a very basic start.

Go to dollar store with 100 bucks,buy 50 2lb. bags of rice/30 1 pound bags of beans/20 cans tuna,you will have food for awhile.

Rinse/lather/repeat while you still can.

Put all rice bags/beans in freezer overnight,they WHILE have bug eggs in them but this will kill em off and keep from hatching in bag(no big deal as they die off nd can boil out but easier this way).

brian
brian
  James
January 11, 2022 12:12 pm

Toss said dry goods into a bucket with a lid. If you can, toss a couple packages of O2 absorbents into the bucket. The contents will last years with very little degradation…

BL
BL
  James
January 11, 2022 12:15 pm

James- I only hope people will take your advice. Beans and rice will go a long way and keep you alive, add in the tuna and/or canned chicken even better. You don’t have to be wealthy to keep emergency food on hand.

Bonus- When the vaxxed die off we can confiscate the food they leave behind.

Brewer55
Brewer55
  BL
January 11, 2022 2:46 pm

And, for folks not used to eating legumes in quantity, they better have plenty of ‘Gas X’ put back too!
I love me beans but, those are nights I sometimes have to spend in the guest bedroom!! Hehe…just sayin’.

brian
brian
  Brewer55
January 11, 2022 10:02 pm

After eating the first few meals of beans your gut will acclimate to them and you won’t get to gaseous. Its those first few meals where its prudent to leave the window open, and stay away from open flames…

James
James
  BL
January 11, 2022 2:46 pm

BL,I really hope folks actually do a LOT more,but,to the new tis a start.

While I am cozy in these aspects I still rotate/buy more stock and while I can eat as fresh as possible.

I have a few seeds and need more,best heirloom ideas appreciated,things hold together will get indoor gardening starters going in a 4-5 weeks from now.

Keep prepping folks,YOU CAN DO THIS!

Brewer55
Brewer55
  James
January 12, 2022 8:47 am

Last year or the year before, I bought some of those gardening heating mats and a grow light above. Now, I can start my heirloom seeds a few months before the normal planting of my garden.
I put in enough for a double planting because last year, my first seedlings were hit with a late season frost. It was nice to have duplicates to put in once I felt certain we were past any other freezes.

Brewer55
Brewer55
  James
January 11, 2022 2:49 pm

I’ve been prepping off and on for over 12 years now. I plan on having some of those 1lb. bags of rice and some same size bags of beans, and maybe a can of tuna or canned chicken thrown in when there are some knocks on the door — call it Christian charity. Beyond that, they’ll be looking at the 12GA , Glock or some other “security” item.
It is hard for me to believe that in this day and age, with lots of warnings for years now, that there are still a majority of people with no more than 3-4 days worth of food in the fridge and pantry.

BL
BL
  Brewer55
January 11, 2022 4:42 pm

I’ve noticed people don’t give enough attention to spices which are so important and healthy to boot. The spices, dried onion minced/chopped/garlic/ chilis, even dried mushrooms of various types can change dull rice and beans to exciting. Add all the other spices too numerous to list and you have more choices from soups to stews with different canned meats and veggies you grow.

brian
brian
  BL
January 11, 2022 10:09 pm

gotta agree… we grow many ourselves, fresh is best. I dry regularly thru-out the summer so have plenty to tide the winters over.

brian
brian
  Brewer55
January 11, 2022 10:06 pm

Practical biblical living… Charitable, but whoa be tide you try to steal from my family. You can rob me, disparage me, beat me… whatever… You try that with my wife, kids and grands…. it will be game on and finished…

Well done good sir…

Anonymous
Anonymous
  James
January 12, 2022 2:02 am

I can do better than feeding myself peasant food.

Longest John Silvers
Longest John Silvers
  James
January 12, 2022 2:19 am

Yep, that’s good for those who have never thought about prepping. But here at Camp Bravo©, we’re fairly advanced. Say no more.

MASTEROFUNIVERSE
MASTEROFUNIVERSE
January 11, 2022 6:46 pm

The assumed WEF Reset is merely a precursor engineered event to secure a perennial NIRP benchmark rate environment for the serially corrupt Fractional Reserve Banking System which is a centrally planed rigged system that was engineered to fail outright as soon as Nixon closed the gold window to ensure that only debt backed the dollar system USD.

REPO lines blew the system up via naked shorts in the REPO lines which the SEC is not obligated to disclose to the public.

Jamie Dimon is a five time serial felon banker that is part owner of the Fed.

MOU

Anonymous
Anonymous
January 11, 2022 11:57 pm

Yeah, they’re ‘simulating’ it in our stores.

‘It’s like a Soviet store during 1981’: Grocery stores across the US have empty shelves as supply chain crisis and COVID combine to make basics like milk, bread, meat, canned soups and cleaning products hard to find

https://www.dailymail.co.uk/news/article-10392001/Empty-shelves-grocery-stores-US.html

Austrian Peter
Austrian Peter
January 12, 2022 2:24 am

First they model it – then they war-game it – then they implement it – then they release it in China – then they tell us how to manage it whilst stealing all the money in the process. Then they report that we all own nothing but surely you are all happy?

This in October 2019 – “Unprecedented policies will be needed to respond to the next economic downturn. Monetary policy is almost exhausted as global interest rates plunge towards zero or below.”
https://www.suerf.org/policynotes/8209/dealing-with-the-next-downturn-from-unconventional-monetary-policy-to-unprecedented-policy-coordination

They quietly admit it is all coming apart! I’ve been following this since the September 2019 ‘Repo’ crisis which I believe convinced the Davos crowd that the end of the global financial system was nigh. I also believe it is what sparked the Covid release. Follow the money.

Brewer55
Brewer55
  Austrian Peter
January 12, 2022 8:51 am

These bastards at the top could never begin to spend their wealth. Nevertheless, they continue to plunder, kill, and destroy. There is an extra hot spot in hell for these cretins.