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
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HOLY CRAP! NAACP lawyer came before the Supreme Court and said the quiet part out loud
Janai Nelson said we need race-based districts because: "white Democrats were not voting for black candidates whether they were Democrats or not!"
This is INSANE.
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BREAKING: In an insane move, Justice Ketanji Jackson declares we need to draw Congressional districts based on race because black people are like disabled people
"They don't have equal access to the voting system. They're DISABLED!"
This is utter madness. How did she get on the Supreme Court?!
"My, kind of, paradigmatic example of this is something like the ADA. Congress passed the ADA against the backdrop of a world generally not accessible to people with disabilities...why is that not what's happening here?!"
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BlackRock CEO Larry Fink says this is only the beginning as the tokenization of everything is underway.
Money, property, and even personal identity will soon exist in digital form.
He calls it a major opportunity for BlackRock, saying the plan is to move beyond traditional financial assets by digitally re-potting them into a new system.
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🤖📱 Between empty promises of a billionaire and a social credit system. The “secret” way your behaviour is ranked on X
What is Tweepcred? It’s a reputation system inherited from the days of Twitter, a social credit mechanism built into X, where every like, comment, retweet, or interaction feeds a hidden score. Post the wrong thing, and your reach is throttled, invisible to followers, blocked from the For You Page, and your voice is confined to a digital coffin. The worst part? X won’t even tell us what we’re doing wrong.
Tweepcred was open-sourced two years ago as part of Elon’s big push for “transparency.” The release confirmed what many suspected for over a decade: the system wasn’t neutral. It could be gamified, and it rewarded those who knew how to play it. Industry insiders and large organizations held a massive advantage over individuals, defeating the very purpose of the internet and the cultural revolution that once challenged mass media.
Content was no longer ...
🇺🇸👨🌾 Meriwether Farms on X:
Dear Trump,
We love you and support you— but your suggestion to buy beef from Argentina to stabilize beef prices would be an absolute betrayal to the American cattle rancher.
We understand there are larger economic and geopolitical dynamics at play, including countering CCP influence in countries in our hemisphere. But the practice of solving problems “over there” before solving problems here on our soil is what contributed to the downfall of our country: Americans always come last.
We understand beef prices are high, and we admire your concern for all Americans, but this is not the fault of the American producer. This is the fault of politicians who have allowed BRICS-aligned entities to dominate the meat industry, that participate in price fixing and who also continually lie to their consumers.
Washington for decades has facilitated the squeezing of our own ranchers while allowing these entities to flood the market with cheaper, ...