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The financial system is changing right now

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News Date: February 28, 2022

Russian minister says: we are working on digital One World One Currency for trade - local media.
Russian financial messaging system will be able to replace SWIFT - financial infrastructure will work smoothly - Russian Central Bank Chair.
Stocks booming in Chinese SWIFT alternative - CIPS.
The Cross-Border Interbank Payment System (CIPS) is a payment system that offers clearing and settlement services for its participants in cross-border RMB payments and trade.
It is a significant financial market infrastructure in China.
CIPS is sometimes referred to as the China Interbank Payment System.
Bank of Russia Resumes Gold Buying After Two Years on Sidelines.
Russia-Ukraine war is 'a financial war now': Deutsche Bank

Challenging The G7

BRICS plus nations in the Global South could represent a sea change in the West's global institutions.
The West has traditionally dominated global groupings of leaders, most notably the G8, which included Russia until 2014 and is now the G7.
That is an inter-governmental political forum consisting of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States, with the European Union is a 'non-enumerated member'.
Russia is ready to develop a global reserve currency together with China and other members of the BRICS group of nations.
It could be based on a basket of currencies from the organization's members.
One possibility is that the BRICS basket currency could attract the reserves not just of the group's members, but also countries already in their range of influence.
These include nations in South Asia and the Middle East.
Sources: silkroadbriefing.com

Jupiter, Saturn and Pluto conjunction in Capricorn 2020

The last time Jupiter, Saturn and Pluto were conjunct in Capricorn was in 1894 BCE.
King of Babylon Hammurabi codified a series of simple rules and regulations inspired by Samash the Sun god, by adopting previously existing edicts into new socio-economic realities.
These regulations inspired by divinity were etched in stone, and have influenced all modern law to this day.
It happens again in 2020. This is The big event!
Are we prepared to rewrite the laws of our society to better suit our ever-changing socio-economic and political realities? We better be. because I don't think we have a choice.
Source:reddit.com

Danske Bank forgives debts for 90,000 customers

Danske Bank AS said that 90,000 Danish customers that owe the bank money will have their debt balance wiped clean after discovering errors in the bank's debt-collection systems.
The Copenhagen-based bank became aware of systemic errors in its debt-collection systems in 2019 and has been working to correct past mistakes and compensate affected customers, but as remediation has progressed new issues have emerged, extending the timeline for resolution potentially beyond 2024.
Sources: marketwatch.com

US Patent for Quantum computing in business problems

Accenture Awarded US Patent for Combining Classical and Quantum Computing with Potential to Address Previously Unsolvable Business Problems.
Quantum computing has the potential to solve complex business problems millions of times faster than classical computing by leveraging the properties of quantum physics to process multiple computing tasks in parallel.
Accenture new patent - U.S. Patent No. 10,095,981 - reveals how businesses could take advantage of the best aspects of both classical and quantum computing techniques to enable breakthrough solutions to problems that could not be solved before.
Sources: www.businesswire.com

FED Audit. HR24 - Federal Reserve Transparency Act

U.S. Representative Thomas Massie vows to reintroduce HR24 to audit the FED along with 40 original cosponsors, as soon as he is sworn in.
The FEDs have never ever been audited. Now that the Feds are under the control of the Treasury, this could easily happen!
If this audit does happen this will be such a huge step leading to the GCR/ Gold Standard!
Sources: www.congress.gov, twitter.com

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