US Sanctions Risking systemic collapse

Gesara.news » » US Sanctions Risking systemic collapse

Share via:

Date: March 2, 2022

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

President Trump RV hints at Rose Garden news conference

RV stands for both ReValuation(Global Currency Reset) or Recreational Vehicle.
Donald Trump made a strange remark in a Rose Garden news conference on Friday revealing he wants to drive around town in an RV, back to New York, with the First Lady.
Source:youtube.com

Iraq, one more brick to GESARA

The Iraqi Prime Minister has expressed interest in joining BRICS, pending an invitation from the founding members, showcasing Iraq's desire to strengthen its global ties.
Furthermore, Iraq is set to ban cash withdrawals and U.S. dollar transactions from January 1, 2024, signaling a shift in its financial strategy and greater economic autonomy.
These developments underline Iraq's proactive stance in international affairs.
The Iraqi Dinar (IQD) is experiencing a significant surge in the Foreign Exchange (FOREX) market, marking a turning point for Iraq's currency.
Several factors, including economic recovery, global recognition of Iraq's gold & oil reserves, and proactive measures by the government and central bank, have contributed to the IQD's newfound strength.
This surge is not only attracting investors but also enhancing Iraq's role in international trade. Ultimately, the IQD's rise is empowering both Iraq's economy and its citizens by increasing purchasing power and economic opportunities.

BRICS plans an alternative to the IMF

Russia has urged its BRICS partners to establish an alternative to the International Monetary Fund (IMF) to counteract political pressure from Western nations. This proposal comes as BRICS finance ministers and central bank officials gather in Moscow.
Russian Finance Minister Anton Siluanov, hosting the meeting, emphasized that the global financial system is dominated by Western countries.
He called for the group, which represents 37% of the global economy, to create a financial institution independent of Western control.
"The IMF and the World Bank are not performing their roles. They are not working in the interests of BRICS countries;
It is necessary to form new conditions or even new institutions, similar to the Bretton Woods institutions, but within the framework of our community, within the framework of BRICS," Siluanov said on the first day of the meeting.

Donald Trump: No Income Taxes at All

During a Fox News appearance on Monday, Donald Trump took questions at a Bronx barbershop.
When asked about eliminating federal taxation, Trump suggested the U.S. could return to the 19th-century economic model, which had no federal income tax.
Fox aired a quick, confident response from Trump: "There is a way."
However, the full conversation revealed Trump only answered after several minutes of unrelated discussion, with the audience member repeatedly redirecting him to the tax question.
Fox News later confirmed the event was edited for time and clarity.

Donald Trump brings back greatness

Donald Trump posted that The United States should now be focused on greatness again after The Supreme Court dismantled most of the charges against him.
In a landmark decision on Monday, the U.S. Supreme Court ruled that Donald Trump cannot be prosecuted for actions that were within his constitutional powers as president.
This ruling marks the first recognition of any form of presidential immunity from prosecution.
"Big win for our constitution and democracy. Proud to be an American!", he also stated.