China is emerging as IMF competitor

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News Date: September 12, 2022

China gave tens of billions in secretive 'emergency loans' to vulnerable nations, emerging as world's major creditor and IMF competitor.
China has shelled out tens of billions in opaque 'emergency loans' for at-risk nations, indicating a shift to providing short-term emergency lending rather than longer-term infrastructure loans.
Source: fortune.com

Gold revaluation to write off the debt

The more debt is being accumulated on the balance sheets of European central banks, the more likely they will revalue gold to write off this debt.
One possible solution is that central banks use unrealized gains of the gold on their balance sheet to write off sovereign bonds, providing debt relief to their governments.
Revaluing gold to write off bad debt would require central banks to set a floor price for gold.
If a central bank uses its revaluation account fully, the gold price ideally doesn't fall back or this central bank will incur unrealized losses.
As such, the central bank would need to stabilize the gold price, which is a form of a gold standard.
Source: substack.com

10 Days to Remember. Our New Age

Solar Eclipse, Solstice, Great Conjunction & Mars Square Pluto - 10 Days to Remember - Dec 14/23.
This is going to be a very fast-paced and INTERESTING few weeks ahead of us! The Solar Eclipse is just one of the major events we have to look forward to.
Effectively Using the Eclipse, Solstice, and Saturn/Jupiter Conjunction to Recreate Human Society...
And this is what it must take for all of humanity, to be free. We cannot fight off the oppressors, nor can we plead with them to free us from our cells. We have to BE free, ACT free, for them to lose their power over us. We must OWN our sovereignty.
Sources: 5dastrology.com, operationdisclosure1.blogspot.com

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.

All Joint Chiefs of Staff appointed by Trump still in position

Every current member of the Joint Chiefs of Staff was appointed by Trump during his time in office.
Still here.
Not one has been removed in the new administration.
No additional comments...
Sources: wikipedia.org, twitter.com

BRICS Confirms the Gold Standard

At the upcoming BRICS summit in October in Kazan, tools for an inclusive international financial system will be discussed, according to Andrey Mikhailishin, head of the financial services task force of the BRICS Business Council, in a statement to TASS.
Key projects include a common unit of account (Unit), a platform for international digital currency settlements (Bridge), a payment system (Pay), a settlement depository (Clear), an insurance system (Insurance), and a rating alliance.
The new system aims to decentralize international cooperation and leverage digital technologies.
The Unit will be linked 40% to gold and 60% to a basket of BRICS national currencies, addressing exchange rate volatility.