UK, France and Germany on the verge of economic collapse. What could possibly cause this sudden turn around in fortunes, definitely not spending hundreds of billions on trying to achieve carbon net zero or fighting Russia in a proxy war.
Germany’s Economy Is Collapsing, And Its Far Worse Than You Expect
Re: News
Posted: Mon Sep 22, 2025 9:32 pm
by andrei-1
In the USA, there will be "gold cards" for a million dollars. Why do they cost so much and what will they give the owner?
Re: News
Posted: Tue Sep 23, 2025 6:50 pm
by Ogee
Major new development in the international financial system. China to make available ‘gold warrants’ as a replacement for US treasuries used as collateral for international loans for use by any country wishing to avoid the US dollar.
Grok summary of Gold Warrants section of the video;
China has transformed global finance by making the yuan fully tradable against gold on the Shanghai Gold Exchange, with delivery points from Hong Kong to the Middle East. A new sovereign gold vault in Saudi Arabia, backed by the Shanghai Gold Exchange, aims to settle oil trades in yuan and gold, bypassing the US dollar. This "super monetary highway," as described by Alastair Crook, includes gold warrants issued by the exchange, serving as collateral alternatives to devaluing US treasuries. These warrants facilitate loans and trade, with countries like Russia and Hungary utilizing China's growing debt market, particularly through yuan-denominated panda bonds. The Mbridge project, now the RMB settlement system, enables digital currency clearing among central banks, excluding dollar-based systems. This infrastructure, offered to Belt and Road and BRICS nations, supports a shift away from the petrodollar, with China's debt market nearing US levels at $20 trillion. Saudi Arabia’s participation signals a move from Western reliance, while Europe faces economic decline and reduced energy access as Siberian resources redirect to China, challenging US energy dominance and signaling a tectonic shift in global finance.
(note the main story is on China but the title is click bait though not untrue)
‘This Will be Huge’ European Hospitals Preparing for War: British Intel
Re: News
Posted: Wed Sep 24, 2025 7:05 pm
by Ogee
Western economies are carrying massive debt that’s stifling growth and is probably too big to pay off, what to do, what to do.
Traditional solutions were to trigger hyperinflation to reduce the value of the debt making it easier to pay off, and/or severe austerity so buckle under and pay it off eventually. Neither is very appealing and certainly no one will ever vote for it.
Another way out is simply to default and collapse the whole monetary system and start all over again, but that would mean a rocket ride from hero to zero on the world stage.
What’s needed is a really cunning plan.
And now there’s the added incentive of any new system being digital giving our overlords total control not only of the money supply but also its ongoing circulation throughout the whole economy. Woo Hoo.
Russia Says U.S. Planning $37 Trillion Crypto Reset
