The Shanghai Cooperation Organization (SCO) represents nearly $30 trillion in GDP, about a quarter of the global economy, and includes close to half the world’s population.
SCO’s development bank, seeded with $2 billion in grants and $10 billion in loans, rivals the IMF and World Bank since Bretton Woods in 1944.
Proposed SCO bonds, potentially issued in local currencies or a shared Eurasian unit, could challenge US dollar dominance and reduce demand for US Treasuries.
China’s BeiDou satellite network, providing centimeter accuracy for logistics and payment processing, is a critical component of SCO’s infrastructure.
The electro yuan system uses Chinese currency to settle energy and infrastructure projects, directly challenging the petrodollar.
Gold is becoming the de facto trust mechanism for the world, replacing what stands behind currencies and chipping away at the US dollar’s reserve status.
The US is planning to revalue gold to devalue the dollar, potentially giving the US Treasury $6 trillion in free and clear funds.
The GENIUS Act creates synthetic demand for US Treasury bonds through the issuance of stablecoins by banks and corporations.
The US aims to bring back manufacturing by shedding the world reserve currency status and devaluing the dollar.
The devaluation of the dollar is intended to make US goods more competitive globally and make paying off debt easier.
The emerging multipolar world means holding dollars may lead to significant losses as it loses its global go-to currency status.
The GENIUS Act is seen as a Trojan horse for CBDCs, laying groundwork for central bank digital currencies.
Digital IDs could combine medical records, birth certificates, and other personal information, potentially enabling government monitoring of financial transactions.
The reset will likely be painful for lower-income people without assets, while the wealthy with tangible assets like gold and Bitcoin may benefit.
This financial reset is viewed as a replay of the 1930s and 1970s, where the US solved its financial problems at the world’s expense.
The current cultural divide in the US is more widespread and deeply entrenched than in the 1960s, with separate digital and media ecosystems for liberal and conservative factions, making common ground difficult to find.
The US is heading towards a “third world country” scenario where the government dispenses economic benefits to one group at the expense of another, leading to widespread social unrest and economic instability.
The US faces potential economic instability due to lack of manufacturing, regulations, tax regime, and social situation coming unglued, making it unlikely for manufacturing to resurge on a large scale.
Since 1971, the average standard of living for middle and lower classes has been dropping slowly due to currency depreciation, maintained by technologies and debt, which may be coming to an end.
The 1960s counterculture movement was characterized by 4,000 bombings in the US between 1968 and 1972 by groups like the SDS and Weather Underground, a much larger scale of violence than today.
The US has lost many engineers compared to the past, with even MIT and Caltech graduates often being Chinese or from other countries, exacerbating the manufacturing decline.
The stock market is currently bubbly, with the rich making incredible amounts of money, artificially inflated by the US being the reserve currency, which could be lost at a tipping point.
The official story surrounding Charlie Kirk’s assassination is inconsistent and suspicious, with text messages that seem like “cop talk” and evidence that has been contaminated and moved.
The Unite the Kingdom march, drawing over 100,000 people, signals a significant shift in UK politics, with traditional parties Labour and Conservatives polling at less than 40% combined.
Overt displays of Christian nationalism, including chants of “Christ as King” and recitation of the Lord’s Prayer, mark a new development in UK’s political landscape.
The march’s normalcy and participation of ordinary people who are patriotic, nationalistic, and Christian represents a departure from typical condemnation of these ideologies in the UK.
Led by anti-Islam activist Tommy Robinson and featuring Elon Musk via video link, the march culminates a summer of protest by those feeling loss of control over their country.
The prominent Christian presence, including a gospel group singing “Jerusalem“, suggests a re-emergence of Christianity at the heart of rebellion in the UK.
This Christian-led rebellion could be the most significant development in recent UK history, potentially transforming the political and social landscape.=
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