We know what’s coming and we are prepared.
DE-DOLLARIZATION BOMBSHELL:
The Coming of BRICS+ Decentralized Monetary Ecosystem - Unit
Get ready for what may well be the geoeconomic bombshell of 2024: the coming of a decentralized monetary ecosystem.
Welcome to The Unit – a concept that has already been discussed by the financial services and investments working group set up by the BRICS+ Business Council and has a serious shot at becoming official BRICS+ policy as early as in 2025.
According to Alexey Subbotin, founder of Arkhangelsk Capital Management and one of the Unit's conceptualizers, this is a new problem-solving system that addresses the key geoeconomic issue of these troubled times: a global crisis of trust.
Most people around the world are tired of the old way money is controlled, which was set up 80 years ago at Bretton Woods.
They see lots of problems with it, like countries spending too much on their military, risky investments, unfair trade penalties, misuse of payment systems, favoritism towards local businesses, and unfair dispute resolutions.
But there's a new idea called the "Unit" that offers a better way to handle money across borders.
It's fast, reliable, and saves money. The Unit works differently because it is not controlled by any one country, and each country can decide how to use and regulate it.
The Unit is a special solution for problems in global money systems. It can be used like regular bank money or the newest digital money.
It can also fix unfair prices in trading things like oil or wheat. It does this by creating a fair trading place called the Eurasian Mercantile Exchange. Here, people can trade and pay using the Unit, making trade and investing easier.
The Unit is strong because it doesn't rely on other countries' money. It gives most people around the world a new kind of money that is not controlled by politics.
It's based on gold and some important currencies, but it's not like cryptocurrencies or stablecoins. It's a new idea altogether.
You can read the full article here: https://sputnikglobe.com/20240513/de-dollarization-bombshell-the-coming-of-brics-decentralized-monetary-ecosystem-1118409748.html
@Megatron_ron
Police in Winona Minnesota are stunned after every single one of their Flock cameras were suddenly removed in a single night.
According to the police department, all 8 of the town's cameras were cut down and hauled away.
Police are asking for the public's help to identify the individual, but the public has been responding with comments such as:
"The Flock cameras tore themselves down"
"Whoever did it, was fishing with me"
"Whoever it was, was at Bible study with me"
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Nearly 20,000 people are publicly vouching for a man accused of cutting down Flock cameras in a small West Virginia town.
People commented:
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"He was saving my neighbor's dog from a fire all day, couldn't be him."
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"This man is innocent. I saw him serving at a soup kitchen."
-"Couldn't be him. He was helping me replace the roof on a homeless shelter."
The man, Wesley Jackson, has pleaded Not Guilty.
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US diesel crack surpasses $100 a barrel for the first time on supply disruptions
... and the supply of refined fuels is already nearly exhausted. A hard landing is visible ahead, for farmers, for trucking, and ... well, for everything that requires food (people) and energy (the entire economy).
These are very likely the final days of relative normalcy during which to prepare. Get ready.
🌾 🌍 🚜 JPMorgan warns a massive global food supply crisis could begin next year as fertilizer shortages tighten agricultural supply.
JPMorgan is the latest institutional research desk to warn that the next global food crisis may already be taking shape, driven by what its analysts describe as the "Five Ws": War, Weather, Warehousing, Water, and Waste.
In a new report titled Food Security Is National Security: A Compounding Storm, a team led by London-based senior global economist Nora Szentivanyi warned that disruptions around the Strait of Hormuz and the emergence of a potentially historic El Niño could weaken crop yields, constrain agricultural production, and keep food inflation elevated through the first half of 2027.
"Successive shocks since COVID have compounded, eroding food production capacity and keeping food price pressures elevated into 2027," Szentivanyi said, warning that "this is not a short-lived shock; it has reduced the likelihood of near-term disinflation, and the food ...
