Category: Financial Reset
-
The Plan to Replace Federal CBDCs with Corporate Surveillance
The article discusses the growing skepticism surrounding Central Bank Digital Currencies (CBDCs), particularly as Canada and Australia pause their retail CBDC initiatives and the U.S. considers outright banning them. Critics argue that programmable money could lead to unprecedented government surveillance and control over personal finances, undermining individual autonomy. While many countries have been drawn to…
-
Twelve Countries Abandon the US Dollar, Signaling a New Era in Global Trade
A significant shift in global finance is underway as twelve countries, primarily from the Commonwealth of Independent States (CIS), have officially abandoned the US dollar for trade, opting to conduct 85% of their cross-border transactions in local currencies. This movement, which gained momentum following US sanctions on Russia in 2022, reflects a growing desire among…
-
The Great Taking: What Is It And How Can You Protect Yourself From It?
David Webb’s article, “How to Survive the Great Taking,” outlines a dire prediction of a systematic scheme by central bankers to confiscate all forms of financial assets, including securities, bank deposits, and properties financed by debt. Webb argues that this plan, which has been in the making for over 50 years, aims to centralize wealth…
-
BRICS Adds New Partner Countries: What It Means for the World
On January 1, 2025, BRICS expanded by welcoming nine new partner countries: Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Thailand, Uganda, and Uzbekistan. This expansion follows the admission of four new members in 2024 and is part of BRICS’ strategy to enhance its influence and promote economic cooperation among Global South nations. With these additions, BRICS…
-
Mainstream Media Claims Digital Platforms A Must for Filipinos
The article emphasizes Filipinos’ need to adopt digital platforms for everyday transactions, highlighting their convenience, efficiency, and potential cost savings. It draws parallels with other global telecommunications companies that have set standards in digital transformation, such as Verizon and Vodafone. It showcases Globe Telecom’s initiatives, like the GlobeOne app, as a local example of empowering…
-
South Korea’s Largest Crypto Scam Exposes Risks of Digital Investments
South Korean police detained 215 people for arranging the country’s greatest cryptocurrency scam, totaling 320 billion won ($228.4 million). The suspected ringleader and their group offered 28 different types of virtual tokens, six listed on offshore platforms, to about 15,000 investors under false promises of substantial returns. Authorities declared the tokens worthless and found that…
-
GCash Security Breach Highlights Risks as Philippines Moves Toward Digital Currency
The Philippine central bank is examining GCash following accusations of unauthorized transfers, which the company blamed on an internal system problem. The Bangko Sentral ng Pilipinas (BSP) has directed GCash to swiftly rectify the issue and compensate affected customers. BSP will conduct additional vulnerability assessments and assure regulatory compliance. GCash, which has 94 million users, has informed…
-
Senator Pimentel Urges Fiscal Discipline Amid Record National Debt
Senate Minority Leader Koko Pimentel urged the government to show fiscal discipline in the face of mounting national debt, which reached a record high of P15.89 trillion in September. He voiced concern that an increasing share of government money is being spent on debt payments rather than public welfare. Pimentel opposed the reliance on new…
-
America’s Debt Crisis: Can Crypto Be the Solution?
Elon Musk and Senator Rand Paul are warning about unsustainable U.S. debt, which Musk attributes to excessive government spending. Meanwhile, the total crypto market has topped $3 trillion, boosted by bitcoin’s near-$90,000 price and dogecoin’s 36% increase, thanks in part to Musk’s influence. Trump has advocated utilizing bitcoin to pay down the national debt, as…
-
Philippines’ National ID Push: Are Data Security Risks Being Overlooked?
The Philippine Statistics Authority (PSA), with assistance from the World Bank, recently hosted a workshop to assess the impact of the PhilSys National ID system on financial inclusion, social services, and government efficiency. The event focused on PhilSys’ role in accelerating digital transformation and strengthening public services. Furthermore, the PSA warned against unlawful ID printing,…
