Germany Basic Income of $1,400 every month experiment
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News Date: August 26, 2020
As part of the study, 120 people will receive E1,200, or about $1,430, each month for three years - an amount just above Germany's poverty line - and researchers will compare their experiences with another group of 1,380 people who will not receive the payments.
Source:themindunleashed.com
US Sanctions Risking systemic collapse
Russia could ask for rubles or gold in exchange for energy. If that occurred Europe would have little choice. The real leverage in the Petrodollar system is on the 'petro' side.It will be interesting to see how this develops. If energy payments begin moving outside of the SWIFT system, then the Petrodollar will be severely damaged.
Regardless, it's going to be disruptive and we're going to see additional problems. Very likely we will see further money printing and more stagflation.
The United States' attempts to simultaneously take on both Russia and China is a bad idea. We're forcing the two of them together while Europe is trying to play both sides. This situation will end with China and Russia gaining status.
Russian citizens have also been buying gold. This crisis will hurt their citizens, but this isn't Russia's first rodeo. The fact that Putin has done this either means he's lost his mind or he has a plan and found a window of opportunity.
We could see serious spillover effects on bonds and real yields.
The United States can't afford higher rates, and they can't remove Russia's oil without destroying their own markets.
We could see big changes should Russia use their gold as leverage. Possible scenarios that could occur should gold be revalued.
Source: youtube.com
What Is Fiat Money?
Fiat money is a currency that is backed by nothing except the faith and credit of the government issuing it.Basically every usable currency around the world today is a fiat currency.
The U.S. dollar has been fiat since 1971.
Fiat money is a currency that is declared money by decree-not by the marketplace.
Though some fiat currencies were once backed by commodities, they are now only backed by the legislative power of the government issuing them.
Source: thebalance.com
Such a beautiful message of peace
This is the wind of change, a Beautiful message of peace.During the White House signing ceremony Israel projected flags of Israel, Bahrain, the United Arab Emirates, and the US onto the Old City walls as Israeli Prime Minister Benjamin Netanyahu stood alongside President Donald Trump in Washington hailing what he called "historic" peace agreements.
Sources:twitter.com, www.middleeastmonitor.com
IRS Closing, Trump proposes eliminating payroll tax
IRS Quietly Closing Offices During COVID-19 Crisis, But Union Says It's Not Enough.Trump proposes eliminating payroll tax through the end of the year.
Remember NESARA Section 2. Abolishes the income tax.
Sources:nbcnews.com, forbes.com
BRICS tested Hack-proof quantum communication link
China and Russia collaborated on a groundbreaking test for a hack-proof quantum communication link using the Mozi satellite.This achievement, based on quantum mechanics principles, promises secure data transmission.
A quantum researcher emphasized its crucial role in technological leadership, stating that without quantum technology, success may be unattainable.
This test marks a significant leap in secure information exchange, crucial for BRICS countries and global security.