Not our choice?
Russian President Vladimir Putin said on Wednesday that banks from BRICS nations can freely connect to the System for Transfer of Financial Messages (SPFS), Russia’s alternative to SWIFT.
While addressing a BRICS business forum, Putin said that together with its BRICS partners – Brazil, India, China and South Africa – Russia is developing reliable alternatives for international payments.
“The Russian system for transmitting financial messages is open to connecting banks from the five countries,” he said, adding: “The geography of the use of the Russian payment system Mir is expanding.”
'Golden Ruble': Russian Think-Tank Proposes Stablecoin To Overcome Western Sanctions
..The measure is supposed to protect the golden ruble from US-led attempts to undermine its trading properties and value.
While it is not clear if the proposed coin will be convertible to the precious metal – a practice long abandoned by most fiat monies -, the VEB.RF noted that the golden ruble would be specifically designed for international trade and not intra-state use.
Furthermore, it should be tradable by third countries without Russian involvement.
China Approves $2.3 Billion Loan for Crisis-Hit Pakistan Ahead of Potential IMF Deal
Sri Lanka Pins Hope on India, Russia as Fuel Supplies Run Out, Triggering Violence and Shutdowns
(Prime Minister) Wickremesinghe has lauded the role of New Delhi in the ongoing crisis, underlining that it is the only nation to have assisted Colombo. India has provided Sri Lanka with around $3 billion in economic assistance since the crisis broke out this year.
Wickremesinghe also began talks on Monday with a delegation from the International Monetary Fund (IMF), which is visiting Colombo for the first time since the south Asian nation requested a bailout package of nearly $3 billion. (How can Sri Lanka pay back the IMF? Impose "austerity"?)
Pepe Escobar: Exile on Main Street: The Sound of the Unipolar World Fading Away
.. An expanded BRICS with a parallel G8 configuration is bound to easily overtake the Western-centric one in importance as well as GDP by purchasing power parity (PPP).
BRICS in 2021 already added Bangladesh, Egypt, the UAE and Uruguay to its New Development Bank (NDB). In May, at Foreign Ministry-level debates, Argentina, Egypt, Indonesia, Kazakhstan, Nigeria, the UAE, Saudi Arabia, Senegal and Thailand were added to the 5 BRICS members. Leaders of some of these nations will be connected to the Beijing summit.
BRICS plays a completely different game from the G20. They aim for the grassroots, and it’s all about slowly “building trust” – a very Chinese concept. They are creating an independent Credit Rating Agency – away from the Anglo-American racket – and deepening a Currency Reserves Arrangement. The NDB – including its regional offices in India and South Africa – has been involved in hundreds of projects. Time will tell: one day the NDB will make the World Bank superfluous.
Michael Every of Rabobank thinks BRICS initiatives are likely to be ineffectual (but he's not completely certain) [I think 3, then 2, then 1 happen in that order)
A BRICS alternative is that global shadow banking, actual banking, and real trade flows should all start to accept credit based on a new digital FX with commodities as collateral instead. Which also implies people won’t be able to repay their Eurodollar commitments.
There are lots of ways the West can respond to this.
1) Hedge fund billionaires and Wall Street can say ‘We want in!’, which is possible given Western financial systems operate like mercenaries rather than an army (which is why there are no countries around today that operate their national defence on that basis.) If that happens, some rich Westerners get richer, but the West loses its global pre-eminence and the geopolitical power to act on issues like Ukraine and Taiwan.
2) Or the Fed can say anyone using a BRICS currency loses access to the US financial system. That would bifurcate the world. As we already see with sanctions against Russia, it would also mean the West, and third parties, doesn’t get the commodities (or industrial goods) that the BRICS produce. That means massive inflation in some places, deflation in others, and global depression, not recession. I wouldn’t rule it out, but the end-game is clear.
3) Or the Fed can keep raising rates to force commodity prices down, raising the collateral attractiveness of the US$ and reducing that of its new rival. That would mean recession – and it already does. It would imply a massive blow-up for those leveraged long commodities - as with crypto. It would also make getting hold of US$ even harder - but that’s what Fed swap-lines, for friends, would be for. This is obviously not what the markets think will happen, and I understand why. (“Because markets.”) However, it’s not cartoonish. It’s just taking monetary policy into the geopolitical dimension, where it always sits, and most so when potential monetary rivals appear.
Another perspective on WEF's "Great Reset":
"It's not a Turndown". It's a Takedown", Catherine Austin Fitts
High food and fuel prices along with crushing interest rates are no accident. CAF explains, "To me, this is part of the ‘going direct reset.’ ..."
“There is an official narrative, and the official narrative is they’ve got to stop inflation... Let’s look very simply at what happened. They voted on the direct reset. Then they injected $5 trillion into the economy that went to the insiders. Then they used Covid to shut down the economy run by the outsiders. Now, the outsiders want to open another business, and they are going to radically raise the cost of capital to the outsiders. What’s going to happen is that $5 trillion is going to buy more assets more cheaply. To me, this is part of centralizing the control of the economy. They are asserting very significant central control. This is not a turndown–this is a takedown.”
CAF’s view of the economy is simple and tangible. CAF says, “This is a world where people are trying to get into real assets that can generate a yield..."
"Let me tell you what the problem is. Doing things that create value on assets requires the rule of law. We are watching a very significant financial coup d’état. We have talked about this for years. That financial coup d’état is turning into a coup, and you are seeing a fundamental breakdown of law and order in many places. It is related to people trying to pick up assets. We see cities where crime is off the charts, and speculators are out having a field day picking up assets with that $5 trillion.”
CAF says, “At some point, you have to realize we are in a war..."
"We have an enemy. We have the power to win, but we are going to have to fight. If you look at our ancestors in the last 10,000 years, I dare say we have it in us. Let’s get out of fear and get into fighting mode. There are two roads. We can preserve, rebuild and protect the human civilization, or we can become slaves. If you look at what these guys are up to, death is not the worst thing that can happen to you. Do not fear death. Fear slavery in a transhuman society.”
No contracted pump turbine repair leads to severe reduction in Nordstream pipeline gas flows.
German company Siemens shipped the turbines to Canadian maintenance site, which won't return them to Germany, for return to pumping duty.
Canada is sorry that Germany is hurt, but hands-are-tied. Germany is sorry that France, Austria and the Czech Republic are getting hurt, but hands-are-tied.
Canada working to return Russian gas turbines
Ottawa intends to stick to anti-Russia sanctions, but does not want them to harm Germany
Canada is exploring ways to return crucial parts for Russia’s Nord Stream pipeline, which are currently stuck in the country due to sanctions, Bloomberg reported on Tuesday citing Canadian Minister of Natural Resources Jonathan Wilkinson...
..The parts fall under Canada’s penalties against Russia, and Ottawa says it cannot return them without breaching these restrictions.
“We want to respect the sanctions because the sanctions were put into place for a reason. That being said, the intent of the sanctions was never to cause significant pain to Germany, which is one of our closest friends and allies. So, we are very seized with this issue,” Wilkinson told the news outlet.
“We are talking to Germany, trying to find a pathway through which we can actually enable the flow of gas. There may be different options that we can look at,” he stated, adding that Ottawa is negotiating with Berlin on ways to return the equipment.
According to the German Federal Grid Agency, the reduction in gas flow affected the supply of Russian gas from Germany to other European countries, including France, Austria and the Czech Republic.
The President of Mexico has now again offered full asylum to Julian Assange.
“Mexico opens the doors to Assange,” the president declared.
It is good to remember that AMLO spoke to Trump and offered asylum and he is now promising to speak to Biden, to again offer asylum.
AMLO’s briefing to journalists included playing the ‘collateral murder’ clip.
Covid Vaccines More Likely to Put You in Hospital Than Keep You Out, BMJ Editor’s Analysis of Pfizer and Moderna Trial Data Finds
Noting their study is limited by the fact that the raw data from COVID-19 vaccine clinical trials are not publicly available, they stress that “given the global public health implications, there is an urgency to make all COVID-19 trial data public, particularly regarding serious adverse events, without any further delay”.
They conclude that there is a need for formal harm-benefit analyses for Covid vaccines, taking into account the different levels of risk of serious Covid and adverse events that exist between demographic groups. Ideally, this would be based on individual participant data, they say, though such data remain frustratingly unavailable.
This is along and detailed read: Pfizer Classified Almost All Severe Adverse Events During COVID Vaccine Trials ‘Not Related to Shots’
Did Pfizer "Roofie" the Placebo Babies? (We need placebo vial contents independently analyzed. All destroyed? "Trade-secrets"?)
Saline injections are not supposed to have such an aggressive side effects profile. So what exactly was in Pfizer's placebo injection?
The CDC did not monitor the Vaccine AdverseEvents Reporting System as per its own protocols. Thanks Luc.
"It's the FDA's job" came an incorrect answer.
..quite literally any other vaccine in history would have been pulled off the market for 1/100th of this.
this is either egregious dereliction of duty or an outright lie in FOIA response.
they either did not do the analysis because they knew what they’d find if they did
they did do the analysis and are hiding it because of what it showed and the fact that they could never justify inaction in the face of it.
there is simply no plausible case that they “forgot” or “did not think it was important” or “saw no reason to use resources on it.”
Thanks again, Luc. Danish National Board of Health admits vaccinating kids for COVID was a mistake
When (Director of National Board of Health) Søren Brostrøm hosted 'Go' evening Live 'on TV 2 on Wednesday night, he was asked if it was a mistake to vaccinate children.
- "With what we know today: yes. With what we knew then: no", was the answer.
Exhausting and factual, Thanks MPSK: 1000 ATHLETES - COLLAPSING | DYING | HEART PROBLEMS | BLOOD CLOTS - MARCH 2021 TO JUNE 2022
Thanks MPSK: Fort Bragg lost over 80 soldiers from “sudden” and “unexplained” causes, and stopped reporting on the deaths after June 2021
..In just 18 months, Fort Bragg lost over 80 soldiers from “sudden” and “unexplained” causes. According to officials, 33 of the fatalities are of “undetermined” causes. Fort Bragg cannot explain why dozens of soldiers are dying in their own bunks.
During that same eighteen-month period, three Fort Bragg soldiers died in overseas combat. This means soldiers stationed at Fort Bragg are twenty-seven times more likely to die unexpectedly on their home base than in overseas combat!
..Drugs are only a small part of the problem. In January of 2021, Army captain Robert Latham died suddenly of an “apparent heart attack.” The 32-year-old was previously in top physical condition. A Green Beret named Calvin Rockward passed away from a “sudden, unexpected medical event.” The 38-year-old was in excellent physical condition, too... https://gospelnewsnetwork.org/2022/03/16/fort-bragg-lost-over-80-soldiers-from-sudden-and-unexplained-causes-and-stopped-reporting-on-the-deaths-after-june-2021/
Why Take on the DoD? Humanity.
Matthew Crawford keeps digging into the story of the US Military appearing to extensively falsify medical records and statistics related to COVID-19 and outcomes from mandatory (experimental) vaccinations.
Over the past few months I have received a large number of communications—both from friends, interested parties, and people whom I don't trust alike—that go something like this, "You're opening a very dangerous can of worms."
Yeah, well, we all die somehow. What a shame it would be for that to mean nothing.
Trudeau Panics as Fully Vaccinated account for 9 in every 10 COVID-19 Deaths in Canada over the past month; 4 in every 5 of which were Triple Jabbed
Do long term statistics support routine early childhood vaccination, as currently practiced? Are there other population consequences? Some interesting statistics ("No free lunch"?) https://rumble.com/v106rmt-stunning-dr.-paul-thomas-blows-up-the-conventional-vaccine-narrativeincredi.html
(Pictured reinforcing one of the last of 13 kitchen cabinets prior to installation)
The TIDE, it is a-turning... I whooped for joy to see that Mexico is opening its door to Assange!
And look, look at the tide, brother! Thanks for putting all this good news (even though it's painful, some of it, it's still GOOD NEWS because it's getting the word out!) together and serving it up for our breakfast...
I am doing the HAPPY DANCE!!! We can break this Zombie Spell, and we can take this Evil and TURN IT AROUND! Wooooooooooo Hoooooooooooooo!
Viruses/viral-illness are a useful infectious-disease model, which I have long used to good effect.
All of human scientific understanding is models of reality, some working better than others, and some working well in certainsettings, but not others, like Newton's Mechanics.