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What Was the Golden Age

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Date: June 19, 2025

In ancient myths, the Golden Age was a time of peace, abundance, and harmony. In Greek mythology, it was the first age of humanity—when people lived without suffering or greed. Nature provided everything, and the gods walked among us.
In Eastern traditions, it’s known as Satya Yuga, an age of truth and spiritual purity. Humans lived in perfect balance with the universe, guided by wisdom instead of fear.
Throughout history, the Golden Age has symbolized a return to divine order—a time when humanity lives in alignment with higher principles.
But even the idea of a Golden Age isn’t without shadows. Every age carries challenges. Progress brings light, but also danger—when power outpaces consciousness, we risk turning blessings into burdens.
🧠 The true Golden Age isn’t just something we wait for—it’s something we become. Through inner transformation—through the alchemy of the mind—we can turn fear into strength, confusion into clarity, and darkness into light.
💡 The real revolution is internal. That’s how a new age begins.

Huge call for debt relief at COP28

Update: Along with the World Bank, the UK, France, Inter-American Development Bank (IDB), European Investment Bank (EIB), European Bank for Reconstruction and Development (EBRD), and African Development Bank (AfDB) are expanding debt clauses (CRDCs) in their lending to enable debt service to be paused when countries are hit by disasters.
Update: World Bank President Ajay Banga announced on Friday (Dec 1) that the development lender will prolong debt repayment pauses in the wake of climate disasters.
Over 550 economists and experts, alongside nearly 300 global organizations, called for debt cancellation at COP28.
African leaders are advocating for debt relief amidst crises, with Ethiopia securing a $1.5 billion debt relief agreement recently.
The COP28 World Climate Action Summit in Dubai, UAE, on December 1-2, 2023, gathers global leaders, experts, and stakeholders to address pressing climate challenges.

Vatican-Backed Report Urges Global Debt Relief

🙏🏛 A new Vatican-backed report, authored by a commission of leading global economists and experts, calls for urgent global debt relief to address the escalating crises of development and climate change. The Jubilee Report highlights that 54 developing countries now spend over 10% of their tax revenues just on interest payments, diverting critical resources away from health, education, and climate resilience. The report urges systemic reforms, including fairer debt restructuring and a reimagining of global finance to serve people and the planet, not just profits.
This initiative builds on the vision of Pope Francis, who declared 2025 a Jubilee Year focused on debt forgiveness and justice. Now, this mission is being carried forward by the new Pope, Leo XIV, who emphasized at his inauguration the urgent need to overcome economic systems that exploit the Earth and marginalize the poor. Under his leadership, the Vatican continues to champion debt relief as both a moral imperative and a practical step toward global equity and sustainability

Chinese, Russian payment systems consultations

Chinese and Russian central banks to discuss the use of national payment systems.
The Chinese and Russian central banks will discuss the use and promotion of their respective national payment systems in both countries, Beijing's envoy to Moscow told the TASS news agency in an interview published on Thursday.
Russian banks may issue cards with China as Visa, and Mastercard cut links.
The use of the Mir and China UnionPay national payment systems in both countries will be decided by the two sides' central banks at consultations.
Sources: reuters.com

Gold & Silver Will Be Unstoppable

The escape from failing fiat will lead to rising nominal interest rates, with all the consequences which that entails. The inevitable outcome is a flight to commodities, including gold and silver, despite rising interest rates for fiat money.
The gold standard of the nineteenth century and is easily explained: within a confined money total such as that of monetary gold, an increase in the quantity of goods and services taking place can only be accommodated by a decline in the general level of prices. Put another way, the purchasing power of sound money, a money whose quantity is not inflated, always rises over time.
Sources:kingworldnews.com

IMF, World Bank annual meetings on economic development

The International Monetary Fund and World Bank will hold their annual meetings, with both calling on the Group of 20 largest economies to extend a freeze in debt payments from the worlds poorest nations that is set to expire at year end.
The annual meetings of the International Monetary Fund and the Board of Governors of the World Bank Group (WBG) are going to kick off on Monday 12, and will remain in session till 18 October. The meetings come amid unprecedented conditions because of the COVID-19 outbreak and the severe impact it has had on the whole world.
The meetings are designed to bring together central bankers, ministers of finance and development, private sector executives, representatives from civil society organizations, and academics to discuss issues of global concern, including the world economic outlook, poverty eradication, economic development, and aid effectiveness.
IMF to revalue its Special Drawing Rights (SDR) - the world's reserve currency waiting in the wings.
Sources:www.bloomberg.com, ahram.org.eg, gesara.news

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