On New Years Eve, The Address Downtown Dubai Hotel experienced a massive fire. The luxury 63-story hotel served as dramatic fireworks as the new year of 2016 was ushered in. “This blaze, coming as it does on New Years Eve, MUST symbolize something,” was my immediate thought.
The symbolism is, “Good-bye Federal Reserve.” However this does not indicate a return to Constitutional money as provided in Article I, Section 8. Instead, the undamaged Burj Khalifa tower, also in Dubai, indicates the Fed and other central banks are to be replaced by a single, global central bank.
Such is the substance of my latest video, “Dubai Tower Symbolism”, which clocks in at 5 minutes and 30 seconds. The video was published to YouTube on January 7, 2016 and is hopefully viewable at the top of today’s blog entry.
These short videos I have been making can give you an idea of who I am. “Who is this ‘Ersjdamoo’?” readers of my blog may have wondered.
This morning, China’s stock markets were suspended for the rest of the day less than half an hour after opening. This is the second time it has happened this week! Implications of what the Chinese market PANIC could mean were explored in yesterday’s blog entry, “Ill Fares the Land.” Foreseen is the likelihood of a further fall in commodity prices and a deepening crisis of commodity-exporting nations.
This morning, Business Insider reports that George Soros is now saying that markets are approaching a meltdown similar to the global financial crisis in 2008. 
The “Federal” Reserve is basically out of ammunition to deal with such an economic meltdown. It has already failed to defeat the Great Recession, despite misleading statistics which give a different impression. Furthermore, at this time of global meltdown, the “Federal” Reserve has raised rates! What is it doing, committing suicide!?
Committing suicide could be exactly what the Fed is doing to itself. In 1907, J.P. Morgan pressured other bankers to form a “pool” – a combination of banks. Morgan walked up to Edward King, a key banker. He put his hand on King’s shoulder and said, “There’s the place, King, and here’s the pen.” King took a gold pen and signed. The other bankers fell into line.  Now a global “pool” of private bankers could be in the offing: “There’s the place, Federal Reserve, and here’s the pen,” says Mr. Big. And so the Fed agrees to be subsumed into a single, global central bank comprised of various central banks which all fall on their swords and surrender to Mr. Big.
This, as I read it, is the symbolism of the New Years Eve fire at The Address Downtown Dubai Hotel: It – a small fry compared to the towering Burj Khalifa 2,722 foot-high Dubai tower – surrenders to a worldwide pool of central bankers. But before this New World Order of banking can begin, first there has to be what George Soros calls a meltdown.
——- Sources ——-
 “GEORGE SOROS: It’s like the 2008 financial crisis all over again”, by Ben Moshinsky. Business Insider (online), January 7, 2016. http://tinyurl.com/hn26s5k
 The Panic of 1907, by Robert F. Bruner and Sean D. Carr. Wiley & Sons, 2007.