The world is anticipating a new global reality with huge implications: China's yuan is poised to get recognized as a global reserve currency.
In a sign of the times, the IMF has essentially rebuffed U.S. claims of currency manipulation, to instead affirm that China's currency is "no longer undervalued" – essentially giving its approval for the inner circle what many have described as an incubating world currency.
With longstanding U.S. opposition to China's currency status, the IMF decision has been seen as the biggest hurdle to world reserve status. This news brings China one giant step closer to entry onto the global stage of currencies and new financial norms for Americans
The decision underscores a larger shift in the global balance of power – there is no doubt that there are serious cracks in the foundation – as the U.S. petrodollar has lost its potency as the world reserve currency hegemony.
I think there will be a reset of the financial industry…
I think China is being allowed to accumulate gold purposefully by the American government… I believe that the Chinese need to own at least the same amount as the U.S. owns before this reset occurs. I think that there's some kind of deal that's being made between all the central banks behind the scenes and that's why you're seeing governments accumulating the metal.
The Federal Reserve Bank and its owners, the largest banks on Wall Street, want badly to be able to charge you interest for the privilege of depositing your funds. The problem is getting you to stand for it.
Moscow will purchase at least fifty of the Tu-160 strategic bombers once production resumes.
This will dramatically increase Russia’s bomber capabilities as only fifteen Tu-160s currently remain in service (about 35 were originally built, according to Russian media outlets). That is at least a 333 percent increase in the number of Tu-160s in Russia’s arsenal.
Bondarev further revealed that the decision to restart production of the Tu-160 was made by Russian President Vladimir Putin. "The supreme commander [president of Russia] and the Russian defense minister have taken a decision on reviving production of the Tu-160M aircraft,” TASS, a Russian government news outlet, quoted Bondarev as saying.
We stand today in a nation that has become deeply corrupt, steeped in sin and clearly falling under the Lord's judgment for it. The church has been largely silent for decades as the corruption has metastasized, and now all our institutions are run by those clinging to the poison of Godless, tyrannical ideology. Our kids are being indoctrinated in the public schools to believe everything but God's moral truth. Our federal government has been taken over by communists who are hell-bent on destroying the foundation of freedom on which our nation was built. In addition, we have a man in the White House who has done more than any past president to push the devilish radical homosexual agenda. Countless millions of dollars have been spent on the homosexualist propaganda campaign, which has also been exported around the world from the United States. This does not end well.
As we await the Supreme Court's ruling on marriage—a ruling, by the way, it has NO authority to make—many of us dread that the Court will side with perverse sexual degeneracy in the destruction of the meaning of marriage. With this, we will see a further erosion of our fundamental freedoms. This is inevitable, and it's the goal of the reprobates leading this movement, because whether these pawns of the devil realize it or not, they his pawns and are being willingly manipulated to do Satan's dark will.
“A Government big enough to give you everything you want, is a government big enough to take away everything you have.” ~ Thomas Jefferson
For decades, the American people have been turning everything they possibly can over to the state to take care of, convinced by government officials that they can avoid work and responsibility and just have fun, be entertained, and get free stuff.
The entire time, libertarians (of all ilks) have been warning and warning and warning the people that doing so, in exchange for whatever benefits they think they’ll get in return, will ultimately result in an out-of-control, authoritarian government…aka, a police state. Oh—and a collapsed economy.
So now, as more and more people are becoming more and more aware that this is exactly what is happening, and they act surprised and outraged over the daily abuses, rights violations, crimes, unaccountability, impunity, and so forth from the politicians and their paid enforcers, and they see that the people are becoming more and more impoverished, and there are fewer and fewer jobs (even low-paying jobs), and the economy is collapsing all around us—I can’t help but think that the American people are getting exactly what they wanted—because this is exactly what happens when you do what this nation been doing for generations now.
After all, they were warned. Over and over. But nobody would listen.
(I’ll stop short of saying the American people are getting exactly what they deserve, or a uttering a gloating “See I told ya so”—I’m neither that crass nor that arrogant; my heart goes out to these victims of state oppression, my fellow citizens—and I’d like to see them finally understand the problem, and strive to turn things around, not just sit here and thumb my nose. That’s not helpful to anybody.)
But what’s truly astonishing is that even with things as bad as they are now—undeniably bad, and getting completely out of control—and even with libertarians pointing out the accuracy of the warnings and predictions (after all, all you have to do is look at history, excessive government power and control always turns out this way)—people STILL won’t listen! They’re still looking to the same government officials, the same Dems/Reps, the same authoritarian, unaccountable system, and demanding that they do something, that they fix the problems, that they take care of everything.
From what I’ve seen, nobody in mainstream society is talking about scaling it all back—about cutting funding (taxes/borrowing/printing), about cutting budgets or de-militarizing the police, about electing candidates not of the two controlling parties, about dismantling the lawless federal government or dissolution of the union via state secession, about returning to the principles of unalienable human rights, personal liberty, individual sovereignty, private property rights, and personal responsibility—none of it. People seem to just want the government to stop doing what it does—even though what it’s doing is exactly what governments do; always have, always will.
I can only imagine that the cognitive dissonance must be highly perplexing, if not crippling.
At this point—with things as bad, and obvious, as they’ve gotten—I fear that if the American people still don’t get it…it’s likely they never will.