Economist’s “News and Views” Friday 6-28-2024

BRICS to Leave UN: What Next?

Fastepo:  6-27-2024

BRICS countries, along with other Global South nations, have voiced their discontent with the United Nations for several reasons. Chief among their concerns is the significant influence Western nations wield in key international organizations and decision-making processes.

 These countries believe that the current UN framework does not adequately represent their interests and viewpoints. Consequently, the BRICS nations are pushing for a more democratic and inclusive structure within the UN.

For instance, during the recent BRICS summit, there were calls for comprehensive reform of the UN to ensure greater involvement of emerging nations, including a re-evaluation of the Security Council's composition and the veto power held by the permanent members. Consequently, there have been numerous calls for significant reforms or even a total overhaul of the UN, with the goal of establishing a more equitable and representative system of global governance.

This video will delve into these proposed changes and the motivations driving them.

https://www.youtube.com/watch?v=IwccA2r2mHI

Japan Panic: Currency In Tatters, US Warns Against Yen Rescue, Economy Contracts Further

Sean foo:  6-28-2024

Japan's economy is in trouble. As the Yen continues a historic slide to a 38-year low, this spells danger for their manufacturing, economic growth and even their stock market. However, their dollar interventions are useless and the US just placed Tokyo on its currency watchlist!

Timestamps & Chapters:

0:00 Yen Collapses To Historic Low

2:40 China Eating Japan's Market Share

 5:29 US Warns Against Currency Rescue

 8:28 Investors Fleeing Japanese Stocks

11:23 The US Is At Risk

https://www.youtube.com/watch?v=LklSTNozWuE

It's Too Stupid Not To Be Planned | Bill Holter

Liberty and finance:  6-27-2024

“It’s too stupid to not be the plan,” says Bill Holter . He argues that recent U.S. policy decisions are clearly aimed at destroying the U.S. and surrendering our sovereignty to international bodies.

Whether it's a plan or not, we're seeing a slow motion collapse of the purchasing power of the U.S. dollar. Holter discusses practical ways people can prepared today for what's coming.

INTERVIEW TIMELINE:

 0:00 Intro

 1:38 Gold & silver update

7:20 Coinage vs bills

10:18 Banking system

 12:00 Latest scams

13:00 Which banks will survive?

19:39 Types of gold

22:20 Gold/silver ratio

23:56 Legal tender laws

 25:20 Gold/silver stocks

26:10 Mexico and mining

27:55 Gold revaluation

 31:39 The plan to destroy America

 33:23 Metals confiscation

https://www.youtube.com/watch?v=STV9NEa8P68

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