Category: Financial Reset
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A Precedent for Overreach and Control: EU’s Seizure of Russian Assets
The European Commission announced a loan of up to 35 billion euros (about 39 billion dollars) to Ukraine, funded by revenues from frozen Russian assets. President Ursula von der Leyen remarked that this decision secures Russia’s contribution to Ukraine’s rehabilitation costs. Ukrainian President Volodymyr Zelenskyy stated that the cash would be mostly utilized for energy…
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U.S. Economic Woes Linked to War-Driven Policies
U.S. stocks fell dramatically on September 3 due to dismal manufacturing data and a reduction in construction spending, stoking concerns about an economic slowdown. ISM and S&P Global reports revealed diminishing demand, rising costs, and reduced production, pointing to likely stagflation and a slowdown in GDP growth. Editor’s Note: This raises questions about whether the…
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How Financial De-Banking Is Being Used to Control Behavior
The article examines the phenomenon of financial de-banking, where individuals or organizations are denied access to banking services as a means of social control. It highlights how this practice is increasingly being used to influence behavior, particularly against those who express dissenting views or engage in activities deemed undesirable by authorities. The piece discusses examples…
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How to Protect Yourself in the Age of Massive Data Breaches
A hacking group released sensitive personal data from 2.7 billion records, including Social Security numbers, stolen from National Public Data, raising significant concerns about identity theft and fraud. Experts warn that this breach could enable criminals to take over accounts or create fake ones despite the absence of email addresses and photos in the leaked…
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World Economy In Crisis: Hold On To Your Cash
Veteran investor Jim Rogers is warning that the next market sell-off will be the worst in his lifetime due to excessive global debt, advising investors to hold cash and consider buying silver. Rogers’ concerns are echoed by Warren Buffett’s Berkshire Hathaway, which has increased its cash holdings to nearly $277 billion by selling about half…
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The Global Domino Effect: How a U.S. Recession Could Topple Economies Worldwide
Concerns about a potential recession in the United States have triggered a global sell-off in stock markets, particularly impacting technology shares after a disappointing employment report revealed only 114,000 jobs were added last month, significantly below expectations. The Nasdaq index fell 2.4%, nearing correction territory, while European and Asian markets also experienced steep declines, with…
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Philippines Pilots Integration of National ID, E-Wallets: Are We On The Road To Central Bank Digital Currencies?
The Philippine Statistics Authority (PSA) and the Department of Information and Communications Technology (DICT) have partnered with GCash to pilot the National ID eVerify platform to enhance financial inclusion and streamline identity verification processes. This initiative will enable government agencies and private sector entities to securely authenticate customer identities, facilitating a faster and more efficient…
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WEF, CBDC, and Digital ID: The Path Towards Digital Slavery
The article summarizes a report by the World Economic Forum (WEF) which is advocating for the use of (retail) central bank digital currencies (CBDCs) and the wholesale version (wCBDCs). Retail CBDCs are for the general public while wCBDCs are geared towards interbank payments and securities transactions. According to the WEF, wCBDCs are “transformative” and they…
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The Dangers of CBDCs
The article discusses concerns regarding the potential negative implications of Central Bank Digital Currencies (CBDCs), particularly related to authoritarianism, censorship, and surveillance. It argues that CBDCs could facilitate increased government control over financial transactions and enable censorship of individuals or groups deemed undesirable by authorities. Additionally, the article suggests that CBDCs could enhance surveillance capabilities,…
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Feds Colluded With Big Banks to Spy on Americans’ Financial Transactions
The U.S. House of Representatives Select Subcommittee on the Weaponization of the Federal Government released a report revealing broad surveillance of private financial transactions of millions of Americans following the events of the Jan. 6, 2021 Capitol “attack”. The U.S. government asked major banks to identify transactions related to firearms or sporting goods stores. This…
