World Bank Looking to Trim Poor Nations Debt
Gesara.news » News » World Bank Looking to Trim Poor Nations DebtNews Date: August 21, 2020
The World Bank is looking at ways to reduce the amount of debt owed by poor countries, rather than simply delaying payments, to attract more investors in the wake of the global pandemic and recession, President David Malpass said.
President of the WorldBank Group remarked to G20 Finance Ministers & Central Bank Governors: I emphasized the need for further progress on Debt Suspension, Debt Reduction, Debt Resolution, Debt Transparency.
More BRICS and Bretton Woods 3Expanding BRICS to create an alternative power bloc is enticing for many countries.
Talk of the BRICS nations creating a new reserve currency introduced the idea of 'Bretton Woods 3.0'.
The Bretton Woods Agreement was negotiated in July 1944 by delegates from 44 countries at the United Nations Monetary and Financial Conference held in Bretton Woods, New Hampshire.
Thus, the name 'Bretton Woods Agreement'.
Under the Bretton Woods System, gold was the basis for the U.S. dollar and other currencies were pegged to the U.S. dollar's value.
The Bretton Woods System effectively came to an end in the early 1970s when President Richard M. Nixon announced that the U.S. would no longer exchange gold for U.S. currency.
Biden cited Republicans: Trump is still PresidentBiden at the 10-year anniversary of the Martin Luther King, Jr. memorial:
It's something like 20 percent of the Re- or half the Republicans - the registered Republicans: I am not your President; Donald Trump is still your President. As we Catholics say, "Oh, my God."
Sources: twitter.com ,www.dailymail.co.uk
Gold's Central Bank Buying and Possible RevaluationJim Grant is writing about Gold again: The press infatuation with pronouncing Gold dead, Central Bank purchases and history, Gold's performance in 2022 as inflation hedge (not so good), the potential for European Central Bank revaluations.
Also, The Governor of the Dutch central bank stated the gold revaluation account ensures the solvency of his central bank in an interview on television about prospective losses.
Sources: vblgoldfix, gesara.news
Ripple XRP - Gold standardThree reasons why Ripple XRP can be the gold standard soon:
1.President Trump's nominee for the Federal Reserve board of governors, Judy Shelton, has advocated for getting back to a gold standard, possibly "in a very cryptocurrency way". She Faces Senate Committee Vote This Week;
2.There are close connections or relations between Donald Trump and Ripple board;
3.Ripple XRP already has Support in the US Federal Register New Rule.
The old system is taken over by NESARA?Washington DC is a Ghost Town. FBI building boarded up. IRS offices closed. Banks closed. Gov. Buildings closed. Commuter trains entering DC empty. Capitol Hill remained behind wire fence as it had since the Biden Inauguration.
Reports that the Edgar Hoover building is part boarded up.
NESARA take-over via the military means that the old cabal-system is taken over by the new system. The court system is taken over, the banking system, the school system etc.
Sources: rumble.com, dinarchronicles.com, simonparkes.org