No need to make any corrections. The Empire is eternal. The Empire cannot fall.
In other words:
Posted on 07/08/2023 7:22:04 AM PDT by Enlightened1
This was published on June 7th, 2023.
Bidenomics.
BRIC countries have many of the same problems the US has for the same reason—massive financial and moral corruption of the elites.
Which should make the price of gold and silver go thru the roof, the US Dollar? well, stock up on wheel barrows because it won’t be worth very much when all is said and done.
Moneychangers doing what moneychangers do, DESTROY the value of the currency they control
To be a reserve currency, a currency has to be exported in sufficient quantity to form a reserve. That is only done by trade deficits. The US exported 4% of GDP in dollars using the Marshall plan when it was also the world's primary oil exporter to make the US dollar a reserve currency. All the BRICs run mercantilist economies, so how will that happen? The best you could get is a Chinese controlled Yuan trading bloc where Chinese loans get recycled by making imports from China.
I heard Germany may be joining BRICS. If Germany joins the BRICS, then we will see a collapse of the E.U. The WEF will go bye bye because Russia, China and the Middle East are not going to let Western Europeans aristocrats rule them.
I do not see how other countries would not join the BRICS. Which is a gold backed basket of currencies. Leaders in countries that are still using the dollars do not want to loose their power, and I could see them pivoting towards China and Russia.
The U.S. will lose its world reserve status we have had in place since Brenton Woods in 1944. Thanks to the sold out idiots that ran our country into the ground. The delusional WEF through they war going to run everything. No it will be China and Russia.
Their is corruption in every country. I don’t think that will be an issue.
A big part of the reason why these countries are so successfully besides the rigged trade deals are the low taxes in their countries. We have some of the highest taxes in the world. In addition, they have tariffs which makes it hard for us to export to them. While it’s cheap for them to export to us.
NeoCons have infested both parties’ ruling apparatuses & are the end of America.
Maybe?
Gold and Silver prices over the last 10 years have been controlled via the derivative markets.
I heard they were trading more silver on the Exchanges in 1 day than was mined in an entire year. So the derritives trading is the problem.
Put Glass-Steagall back into place, and we would see the price of gold and silver explode.
This was published on June 7th, 2023
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I wondered about the date line based on the following quote from the article (not that a few weeks would make that much difference in the whole scheme of things)
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“On August 22, about two-and-a-half months from today, the most significant development in international finance since 1971 will be unveiled,” Rickards writes in reference to the upcoming BRICS+ Leaders Summit which will unveil plans for substituting the dollar in global trade.
Let’s Go Brandon!
If the Dollar is abandoned - there will be no Global Reserve Currency. There is nothing that can replace it. Certainly nothing that the BRICS do could even come close.
Global trade would require gold swaps or barter. Either way, you are looking at an 80% decline in shipping. The results would be global depression, mass famine and a developing world in collapse.
North America would re-emerge as the global leader.
Germans will only go if the EU ties everyone into this. I don’t see that willing nature existing around Europe.
Worry? Not really, depends on your expectations. The USD hegemony IS under attack, however it will take some time maybe three to four years , for the slide to occur….do note 30 countries applied for BRICs entry. It will take some time for their alliance to “ gel” up.
But make no mistake, China, India, South America and ME are 70 percent of the world’s population.
Do note Argentina ( which USED to be tied to the USD) has just paid off some debt in Chinese Yuan- a Harbinger.
I don’t pretend to understand this. How can we prepare? Buy Gold, silver? Stockpile cash?
I know that gold and silver is heavily manipulated by the moneychangers using naked shorts and other fraudulent means, and Glass-Steagall being reinstituted would solve the problem, but it would also destroy and bankrupt the moneychangers, so it is highly unlikely they will bring it back. Much easier and better for the moneychangers to destroy the PEOPLE instead.
This will be one hell of a ride that we are getting on
As we all know, gambling addiction is real, especially when it is done using Other People's Money!
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