The American Bankers Association confirmed ISO20022 migration

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News Date: January 6, 2022

The American Bankers Association has confirmed to the Federal Reserve on Monday that it supports a plan to migrate to ISO20022 on a single day but said it has "serious concern" regarding the lack of detail about the plan.
They recommend that the Board and Reserve Banks provide test accounts for financial institutions to use during this process.
They also recommend The Board and Reserve Banks provide the detailed and final ISO standard for their messages on the SWIFT MyStandards site as soon as possible.
Source: www.aba.com

G-20 Plans Extraordinary Meeting to Discuss Debt Relief

Finance ministers and central bankers from the worlds largest economies plan to hold an extraordinary meeting on November 13 to discuss bolder action to help poor nations struggling to repay their debts.
The meeting could mark the next phase in the global debt-relief drive-by bolstering coordination between government creditors over how to restructure the debts of poor economies hit hard by the coronavirus pandemic.
Sources: finance.yahoo.com

We are Headed to a Global Financial Reset

Pull your money out of The Banks, As we are headed for a Global Financial Reset.
The federal reserve is nothing but a loan shark for the deficit spending government.
It's the government's fault for all this monetary mess, not the bankers.
They're just profiting from the control of money creation and all assets traded in the stock, bond, and commodity markets.
Get out of the casino and get into silver hoarding or use your dollars to buy real hard assets like farmland , real estate and gold.
It's the only safe plan in preparation for the coming dollar collapse.
Expect a trigger event in the coming months for a global re-set.
Deutsche Bank is rumored to be already declared bankrupt.
The banks don't trust each other or are out for themselves like JP Morgan, or are failing like Deutsche Bank.
Source: youtube.com

Donald Trump back to the gold standard

President Trump: Replace The Dollar With Gold As The Global Currency To Make America Great Again.
Global cooperation, dealing with other countries, getting along with other countries is good, it's very important. But there is no such thing as a global anthem, a global currency or a global flag. This is the United States of America that I'm representing.
We used to have a very, very solid country because it was based on a gold standard.
Bringing back the gold standard would be very hard to do, but boy, would it be wonderful. We'd have a standard on which to base our money.
Source: www.forbes.com

Quantum computing to crack cryptocurrency in 8 years

Ripple CTO David Schwartz says quantum computing poses a serious threat to the future of cryptocurrency.
Schwartz says he thinks developers have at least eight years until the technology, which leverages the properties of quantum physics to perform fast calculations, becomes sophisticated enough to crack cryptocurrency.
Source:www.crypto-news-flash.com

Happy New Year and New World!

2020 has been an unpredictable ride through the pandemic, and many more difficulties that had made living life quite hard for people across the globe. But as we near the end of this year, we all should accept the fact that with every passing year, one should leave behind the bad memories and mistakes. So now, as we embrace the upcoming year, 2021, let us all be positive and cheery with shining spirits and aspirations for the future. We should vow to not let the negative times affect us in looking forward to the future and working hard to achieve our dreams and ambitions. So, let us all embrace the new year with much-needed hopes and happiness.
I recorded a video with our 2020 retrospective. Best Regards!
Video: Youtube.com