RE: 20-05-2023 - Economic Short News [EN]-[IT]

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(Edited)

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  1. Interesting to read the perspective of a high-ranking banker in India. Few thoughts I have; first, he retracted that statement without disavowing the actual claim, which his points he makes REINFORCE. Second, he’s correct, the EU, UK, and Japan have no ability to take the place of the US Dollar as the reserve currency, nor does China. However, India CERTAINLY does not, which is what I disagree with him on. In order for India to assume such a role, every other country in the world would have to sign on to that, via international monetary treaty, and good luck. I know of at least several major countries that would never consent to such an agreement (Pakistan, China, Australia, the US, Canada, New Zealand, the UK, the EU as a whole, Saudi Arabia, or Russia).

  2. I’ve shared these thoughts with you privately, but, to reiterate, publicly: the US government has used this exact same rhetoric every single year of my life. They’ve also used the issue of the debt ceiling to gain political concessions, mostly about de-funding the socialized programs people’s stolen money pays for. The US Congress can easily raise the debt ceiling, which is just a cap on the amount of debt that the federal government can take on. The Eurodollar system has so much more liquidity in it than the Federal Reserve could ever hope for. Offshored financial entities can very easily provide necessary capital, if called upon.

  3. The G7 is just another communist entity that seeks to enact its policies upon the whole world – and has done so since its inception. China’s Communist Party opposes the will of the G7, which includes Japan, its “mortal” enemy of the past thousand years. The G7 claims to condem the “Russian War” but has consistently failed to condemn the past 9 years of Kiev bombing the Donbass and murdering Slavs. The G7 has also failed to condemn the illegal occupation of 1/3 of Syria’s agricultural land by the US military – where it is openly stealing Syria’s energy resources. The G7 does not speak for the people who live in its member “countries,” they only speak for their globalist cabal and its plans to dictate how we live.


    As to the climate issue, the US military is the largest polluter in the world by a wide margin, and has never once committed to ending its practices. Without the biggest offender taking concrete action, this entire sham is just another example of rhetoric being used to scare people. The polar ice caps are melting, to reverse the freezing that took place leading up the Younger Dryas event more than 11,000 years ago. If the members of the G7 truly cared, they’d end military expansionism, which is the largest contributor to all pollution statistics. Ironic that they claim that the global financial system is underpinned by regulatory reforms implemented after the 2008 crisis – considering that many of those very reforms were eliminating safeguards that had been put in place generations before. Diversifying supply chains – that’s a joke. Europe is in perpetual decline demographically and economically.


    The real wealth was siphoned off long ago by the bankers, who understood that gold and silver are money – and everything else is credit. Credit may help expand economic productivity, but when it is as poorly-capitalized as it is (Greece, Portugal, Ireland, Spain, France, Germany, Italy) that’s not a permanent solution to the declining demographics. Europe lacks the natural resources needed to manufacture the products their people need – therefore they’re incredibly dependent upon imports, whether it be iron ore, gold, silver, cobalt, nickel, lithium, palladium, platinum – they have to pay for that privilege.
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As regards news 1, it seems that many are starting to make statements demonstrating a certain disagreement with the supremacy of the dollar, but I really don't understand how this can be attacked, at least in the short term. !LUV

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So, the biggest thing to realize, is that, without a violent, military coup, the US-NATO Cartel cannot coerce other countries into using the US Dollar in trade between themselves and other countries. It's always been a military matter, not an economic one, hence, why so many countries are beginning to realize that if they align themselves financially with China and Russia, they can leverage that relationship to push back against the cartel. This also is the result of generations of economic warfare and dollar weaponization used to wreck the economies of Cuba, Venezuela, and Iran, among others.

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Wow, this is a point of view I've never seen things from. Thanks for these interesting comments

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Of course man. My specialty, growing up, was following/analyzing current events. Only in the past few years did I really zero-in on finance and studying the relationships between geopolitics and finance, how money drives everything and how countries are blackmailed into acting against the best interests of their citizens, in the name of financial warfare.

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