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World Bank President:China needs to participate in debt relief

Gesara.news » News » World Bank President:China needs to participate in debt relief

News Date: August 25, 2020

World Bank President David Malpass said that the Chinese government and its creditors need to participate in coordinated efforts to provide debt relief to the world's poorest countries, as China has become a major creditor to the developing countries of the world.
Source:finance.yahoo.com

The Golden Jubilee and the return to gold standard

On 15 August 1971, US President Richard Nixon officially announced that the country was completely abandoning the gold standard.
This meant that the US government abandoned the convertibility of US dollars into gold at a fixed rate of $35 per ounce.
The government simply could not meet the demand to exchange dollars received for goods and services for gold.
The jubilee in its original, biblical meaning when once in 50 years the sold and mortgaged lands were returned to their original owners, slaves and prisoners of war were freed, debts were forgiven, and the land rested from fieldwork.
Why not, 2022 may be the year for the return of the gold standard.
Sources: datadriveninvestor

Dan Scavino tweets

Dan Scavino tweets and tweets from our Great Military. So many coincidences that it is just not mathematically possible. When we think of Biblical we think of an event of massive historic proportions. More than one meaning. We are at the precipice Patriots. Buckle up and prepare!
Unstoppable Trump statement:
Wouldnt it be fantastic if the legendary Herschel Walker ran for the United States Senate in Georgia? He would be unstoppable, just like he was when he played for the Georgia Bulldogs, and in the NFL. He is also a GREAT person. Run Herschel, run!
just redirects to Q post 34:
My fellow Americans, over the course of the next several days you will undoubtedly realize that we are taking back our great country (the land of the free) from the evil tyrants that wish to do us harm and destroy the last remaining refuge of shining light. On POTUS order, we have initiated certain fail-safes that shall safeguard the public from the primary fallout which is slated to occur 11.3 upon the arrest announcement of Mr. Podesta (actionable 11.4). Confirmation (to the public) of what is occurring will then be revealed and will not be openly accepted. Public riots are being organized in serious numbers in an effort to prevent the arrest and capture of more senior public officials. On POTUS order, a state of temporary military control will be actioned and special ops carried out. False leaks have been made to retain several within the confines of the United States to prevent extradition and special operator necessity. Rest assured, the safety and well-being of every man, woman, and child of this country is being exhausted in full. However, the atmosphere within the country will, unfortunately, be divided as so many have fallen for the corrupt and evil narrative that has long been broadcast. We will be initiating the Emergency Broadcast System (EMS) during this time in an effort to provide a direct message (avoiding the fake news) to all citizens. Organizations and/or people that wish to do us harm during this time will be met with swift fury - certain laws have been pre-lifted to provide our great military the necessary authority to handle and conduct these operations (at home and abroad).
Sources: maybe60794885, PatriotCharlie1

Global currency debasement

Economy hits debt saturation point. Global economy has no capacity to carry any more debt - Max Keiser.
The new higher levels of debt that many countries are now moving towards are going to be sustainable without imposing significant costs on growth as well as equity within their societies.
Every dollar that these central banks print will go directly into consumer price index inflation - and you will see it at the cash register immediately, and that is going to incredible social unrest.
Global debt to GDP is now at all-time high in Q1. Overall debt for the non financial-sector now worth 252% of global GDP.
Get ready for extreme global currency debasement.
Sources:twitter.com/GoldTelegraph, cointelegraph.com

Countries Repatriating their Gold

In recent years we have seen the likes of Germany, Austria, Belgium, Venezuela, and the Netherlands each repatriate their gold from various locations.
Hungarian National Bank is set to repatriate 100,000 ounces of gold from England.
The pace does appear to have been picking up since Venezuela decided to repatriate its 180 tonnes of gold in 2011.
Also Inspired by Polish example, Slovakia considers repatriating gold from the UK.
Serbia, later on, joined Slovakia in this Sudden Eastern European Gold Repatriation trend.
Countries across the globe are trying to shake off their dependence on the dollar by buying up yellow metal.
Countries around the world are looking for precious metal to cure their dollar dependence.
The main switches are China and Russia. But Eastern Europe is now joining in for its own reasons like many.
Source: youtube.com

Digital Yuan for Cross-Border payments launched

In Hong Kong, the Bank of China is leading the push for widespread cross-border usage of the digital yuan.
From experimental programs to cutting-edge applications, they have advanced.
One such application allows guests from the mainland to add more money to their Octopus cards using digital yuan.
In a different development, PetroChina successfully executed the first global trade of crude oil using e-CNY, the digital currency of the Chinese central bank, with the intention of extending its use worldwide.
As of June, transactions on China's highly advanced CBDC had totaled 1.8 trillion yuan.

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