Top 10 Reasons We’re Now Facing a Global Financial System Crash

Top 10 Reasons We’re Now Facing a Global Financial System Crash

On August 13, 2024  By Awake-In-3D

The evidence is clear—You won’t believe how close we are to the largest collapse in history

We’re standing on the edge of an financial system crash, and may people don’t even realize it. Yet!

The signs are all around us—record government spending, mounting consumer debt, and major corporations hoarding cash like never before.

Even the world’s biggest economies, like the U.S., Japan, and Germany, are struggling to keep their heads above water.

This article breaks down the top 10 reasons why we’re facing what could be the worst financial crash in history.

I’m going to walk you through what’s happening, why it’s happening, and what it means for all of us.

In This Article

1. The Top 10 Reasons the Global Financial System Crash is on Our Doorstep

2. Government Spending: The Core of this Financial System Crash

3. Central Bank Policies Causing Unprecedented Market Distortions

4. Consumer Financial Behavior as a Warning Sign of the Approaching Financial System Crash

5. Global Economic Indicators Pointing to a Deepening Crisis

The global financial system is facing a financial system crash of unprecedented scale. With three of the five largest economies heading towards economic catastrophe, the risks are mounting.

The Top 10 Reasons the Global Financial System Crash is on Our Doorstep

Here’s a logical progression of the top 10 reasons we are in a global recession, followed by an economic depression and then the grand finale, a complete financial system crash:

1. Unsustainable Government Spending: U.S. government spending as a percentage of GDP is nearing historic levels, creating a precarious fiscal situation.

2. Skyrocketing Consumer Debt: U.S. credit card debt has reached record highs, with interest rates at unprecedented levels, mirroring unsustainable government financial practices.

3. Distorted Central Bank Policies: The Bank of Japan’s excessive ownership of ETFs and government bonds has caused significant market distortions, leading to instability.

4. Massive Insider Stock Sales: U.S. executives are selling off stocks at the fastest pace in over a decade, signaling a lack of confidence in the markets.

5. Surging Cash Holdings by Corporations: Companies like Berkshire Hathaway are hoarding cash, indicating a lack of confidence in the economy and anticipation of a downturn.

6. Persistent Manufacturing Recession: The U.S. manufacturing sector has been in recession for an extended period, signaling broader economic warning signs.

7. Extended Recession in Major Economies: Germany has been in recession for over two years, reflecting broader global economic fragility.

8. Declining Unemployment Claims Participation: A low percentage of unemployed Americans filing for benefits suggests the official data is understating the true level of economic distress.

9. Long-term Devaluation of Fiat Currencies: The U.S. dollar and other major currencies have lost significant value against gold, indicating long-term economic instability.

10. Rising Public and Household Debt: U.S. public and household debt levels have reached all-time highs, creating the potential for a systemic financial crisis.

Government Spending: The Core of this Financial System Crash

U.S. government spending has reached levels not seen since World War II. At 43% of GDP, it is just 1% below the peak during the Great Financial Crisis.

These unsustainable spending habits are breaking the economy, setting the stage for severe financial turmoil.

Japan faces its own challenges. The Bank of Japan’s extensive intervention in the economy, owning about 80% of the country’s ETFs and 55% of its government bonds, has caused significant market distortions.

The recent rate hikes by the Bank of Japan have already triggered a 12% drop in the Nikkei 225, underscoring the instability.

Central Bank Policies Causing Unprecedented Market Distortions

Central banks, particularly the Bank of Japan, have been heavily involved in the financial markets, creating artificial support that cannot be sustained indefinitely.

The consequences are now becoming apparent, with volatile markets and a loss of confidence among investors.

The Bank of Japan’s recent actions indicate that even the slightest change in policy can have dramatic effects, as seen with the substantial decline in the Nikkei 225.

Consumer Financial Behavior as a Warning Sign of the Approaching Financial System Crash

Consumer debt in the U.S. has skyrocketed, with credit card debt hitting a record $1.14 trillion in the second quarter of 2024. Interest rates have also reached an all-time high of 22.76%, mirroring the reckless financial practices of the government.

This growing debt burden is pushing consumers closer to financial collapse.

Corporate behavior is also flashing red warning signs. Berkshire Hathaway, one of the largest and most successful corporations, has increased its cash reserves to 25% of its total assets, the highest level since 2005.

This massive cash hoarding indicates a lack of confidence in the current economic environment and suggests that major corporations are bracing for a severe downturn.

Global Economic Indicators Pointing to a Deepening Crisis

Germany, one of the world’s largest economies, has been in recession for over two years, with its GDP contracting in five of the last nine quarters.

This prolonged economic decline signals a broader global economic fragility, which could trigger a domino effect across other major economies.

Insider stock sales in the U.S. have reached their highest levels in over a decade, particularly among executives in tech giants like Nvidia. This rapid sell-off indicates that those closest to the markets are preparing for a downturn, further fueling fears of an imminent crisis.

The long-term devaluation of fiat currencies, particularly the U.S. dollar, adds another layer of risk to the global financial system.

The U.S. dollar has lost 98.5% of its value against gold since 1971, with other major currencies like the Euro and Yen experiencing similar declines.

This loss of purchasing power is eroding trust in fiat currencies, pushing investors towards alternative assets.

The Bottom Line

The interconnected nature of global economies means that the problems facing the U.S., Japan, and Germany are not isolated.

With government spending spiraling out of control, distorted central bank policies, rising consumer and corporate debt, and prolonged recessions in major economies, the world is on the brink of an unprecedented financial crisis.

Contributing Article: https://www.businessinsider.com/recession-fears-fueling-stock-market-crash-wall-street-chaos-positive-2024-8?op=1

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Was Deep State Interference Exposed in Blocking Iraq’s Currency RV?

Was Deep State Interference Exposed in Blocking Iraq’s Currency RV?

On August 8, 2024  By Awake-In-3D

Recent leadership changes at Iraq’s Central Bank have raised suspicions of a hidden agenda. Could deep state operatives be behind the move to obstruct Iraq’s currency revaluation?

If you’re curious about what’s really going on with Iraq’s Central Bank, you’re not alone. Recent changes in leadership have sparked a lot of intriguing questions in my mind about Western (G7) deep state interference.

Mustafa Ghaleb Mukheef, the former Governor, has been replaced by Ali Mohsen Al-Alaq, but why? Some say it’s because of the Iraqi Dinar’s sharp decline, but there’s a deeper story here.

Mukheef might have been involved in a covert agenda by Western deep state operatives to block Iraq’s efforts to revalue its currency.

This article explains the allegations, the investigations, and what these events mean for the future of the IQD.

In This Article

• Leadership Changes Amidst Depreciation of the IQD Currency Rate

• Scrutiny of the New Acting Governor

• Investigations and Allegations of Mismanagement

• The Deeper Implications: Hidden Agendas

The sudden replacement of Mustafa Ghaleb Mukheef, the Governor of the Central Bank of Iraq (CBI), has raised eyebrows. Was this merely a response to the depreciating value of the Iraqi Dinar (IQD), or are there deeper, more sinister reasons at play?

Leadership Changes Amidst Depreciation of the IQD Currency Rate

The Iraqi Dinar has depreciated significantly, losing around 7% of its value in just two months.

Mukheef’s replacement, Ali Mohsen Al-Alaq, who previously held the position from 2014 to 2020, has returned as the “acting” governor.

The conflicting reports about Mukheef’s departure—whether a resignation or dismissal by Prime Minister Mohammed Shia al-Sudani—add to the intrigue.

The depreciation of the IQD currency rate alone doesn’t seem sufficient to explain such drastic leadership changes. Could there be more to Mukheef’s exit than meets the eye?

Scrutiny of the New Acting Governor

Al-Alaq’s extended interim appointment has not gone without scrutiny.

Hadi Al-Salami, a member of Iraq’s Integrity Committee, disclosed ongoing investigations into Al-Alaq’s tenure. According to Al-Salami, the Prime Minister was urged to terminate Al-Alaq’s appointment due to alleged violations.

Despite these calls, Al-Alaq remains in his position, raising questions about his true role and influence.

Investigations and Allegations of Mismanagement

The Integrity Committee has referred several issues to the Integrity Commission and the Public Prosecutor, including alleged mismanagement of exchange rates and financial irregularities.

Substantial sums of money and benefits have reportedly accrued to various Arab and foreign banks, sparking further investigation.

Additionally, Al-Salami revealed that the Acting Speaker of Parliament has agreed to host Al-Alaq in upcoming sessions to address numerous questions about his actions as governor.

Al-Alaq’s defense centers on his claims of effective management and forthcoming discussions with the Federal Reserve and the US Treasury Department.

The Deeper Implications: Hidden Agendas

Mukheef’s replacement may not simply be about the depreciation of the IQD currency rate.

There are suspicions that Mukheef could have been a Western (G7) deep state operative, deliberately stalling Iraq’s progress towards the Iraqi Dinar revaluation.

Soran Omar, a member of the Iraqi parliament’s Economic Committee, announced that Al-Alaq has reached retirement age and submitted his resignation to the Prime Minister.

However, Al-Alaq’s continued presence, despite reaching the legal retirement age, suggests powerful backing that defies standard procedures.

The Bottom Line

The leadership changes at the Central Bank of Iraq raise more questions than answers.

While the official narrative cites the depreciation of the IQD currency rate, the persistence of allegations, the unusual circumstances surrounding appointments, and the shadow of potential Western deep state influence suggest a more complex reality.

As Iraq faces critical decisions on the Iraqi Dinar revaluation, the true motivations behind these moves warrant closer examination.

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Inside Zimbabwe’s New Plan to Replace US Dollar with Gold

Inside Zimbabwe’s New Plan to Replace US Dollar with Gold

On August 7, 2024  By Awake-In-3D

The key strategies behind Zimbabwe’s transition to the gold-backed ZiG currency, de-dollarization and what it means for the future.

What This Means in Simple Terms

Zimbabwe is trying to stop using US dollars and start using a new gold-backed currency called ZiG. The government has made a plan for this change, but it’s not easy.

The ZiG is doing well so far, staying stable against other currencies. More people are using it, but many are still unsure because past local currencies didn’t work out. The government is working hard to make sure people trust and use the ZiG.

This change is part of Zimbabwe’s effort to control its own economy better and reduce dependence on the US dollar. The success of this plan will depend on continued government support and building public trust in the new currency.

The Government’s Dedollarization Roadmap

Zimbabwe’s cabinet recently approved a roadmap to phase out the US dollar in favor of the ZiG.

Information Minister Jenfan Muswere announced that a plan to operationalize the ZiG as legal tender is now in place, marking a significant step toward economic independence.

This transition is supported by penalties for unjust price hikes and manipulation, ranging from $200 to $5,000, aimed at reinforcing the currency’s use.

Stability of the ZiG Amid Economic Challenges

Since its launch in April 2024, the ZiG has maintained its stability against major currencies, including the US dollar.

Trading at 13.76 against the US dollar, the ZiG demonstrates resilience despite Zimbabwe’s complex economic environment.

The currency’s gold backing, initially set at $100 million and 2.5 tons of gold, has grown to over $375 million, reinforcing its value.

The US dollar, meanwhile, has seen fluctuations, with the dollar index (DXY) experiencing significant drops due to economic uncertainties in the US.

Growing Usage and Trust Issues

The use of the ZiG has more than doubled since its introduction, now accounting for about 30% of all transactions in Zimbabwe.

However, widespread acceptance remains a challenge. Many Zimbabweans, having experienced the failure of previous local currencies, are cautious. The government is addressing these concerns by increasing penalties for price manipulation and unfair trade practices to bolster confidence in the ZiG.

Despite these efforts, the transition is slow as the US dollar still dominates the market.

Economic Impacts and Future Prospects

Zimbabwe’s move to the ZiG aims to achieve economic sovereignty, but the country faces significant hurdles.

The ongoing El-Nino-induced drought has strained resources, and key exports like tobacco and platinum have seen declining prices. Despite these challenges, the government’s commitment to the ZiG demonstrates a clear, long-term vision for economic stability.

The ability of the ZiG to maintain its value will depend on the government’s continued support and effective management of the currency.

Contributing Sources:

• https://www.thezimbabwemail.com/banking/zimbabwe-approves-roadmap-to-replace-us-dollar-with-gold-backed-currency/

• https://www.thezimbabwemail.com/banking/usd-to-zig-zimbabwe-currency-steady-but-faces-elevated-risks/

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The Financial System Crisis Unfolding Now is Different and Way Worse

The Financial System Crisis Unfolding Now is Different and Way Worse

On August 6, 2024  By Awake-In-3D

The Current Financial System Crisis is more severe than 2008. Here’s what is coming and why.

I want to have a candid conversation with you today about something incredibly important. Many of us remember the financial system crisis of 2008 and the global turmoil it caused.

Now, we’re facing a situation that’s not only different but potentially much worse.

The global financial system is on the brink of a crisis that could see the collapse of the US dollar, something we’ve never experienced before.

This isn’t just another recession; it’s an oncoming catastrophe that will change everything.

In This Article:

• The Collapse of the Dollar: A Unique Catastrophe

• Historical Comparisons: The 2008 GFC vs. Now

• Key Factors Driving the Current Crisis

• Preparing for an Unprecedented Financial Collapse

What we are now coming into is not just another recession.

What’s coming is the potential collapse of the dollar, an event that dwarfs the 2008 Global Financial System Crisis (GFC). The ramifications of such a collapse are unprecedented, threatening to plunge the global economy into chaos.

We should all hope that an alternative, gold-backed currency system is in place before this happens.

The Collapse of the Dollar: A Unique Catastrophe

Unlike past financial crises, this one involves the potential collapse of the US dollar, the world’s reserve currency. Such an event has never been experienced before.

The dollar’s collapse would lead to widespread economic instability, making the crisis far more severe than anything seen in recent history.

Historical Comparisons: The 2008 Global Financial Crisis vs. Now

The 2008 GFC was triggered by the collapse of the housing market and the failure of financial institutions.

In response, the Federal Reserve injected liquidity into the banking system, which temporarily stabilized the economy.

However, the measures taken back then have led to long-term consequences, such as inflated asset prices and increased national debts to historic levels, setting the stage for a more catastrophic crisis now.

Key Factors Driving the Financial System Crisis We’re Entering Now

The current financial system is teetering on the edge due to several critical factors:

1. Excessive Liquidity and Debt: The continuous injection of liquidity and low-interest rates since 2008 have led to unsustainable levels of debt. This “hallucinated capital” has created a massive bubble that is now on the verge of bursting.

2. Loss of Faith in the Dollar: With increasing global instability, there is a growing loss of confidence in the dollar. As soon as an alternative, more stable gold-backed currency emerges, the dollar could collapse, triggering widespread financial chaos.

3. Unprecedented Economic Shocks: Events such as government responses to COVID-19 and geopolitical tensions have strained the global economy. The repo market spasm in 2019 highlighted the fragility of the financial system, which was only exacerbated by the 2020 eoncomic shutdown and unfunded public stimulus programs.

4. Systemic Failures: The unprecedented, interconnected nature of the global financial system means that failures in one area will quickly spread, leading to a domino effect of collapsing markets and institutions.

Preparing for an Unprecedented Financial Collapse

As the great, global fiat financial system experiment reaches its logical conclusion, it’s critical to understand the gravity of the situation and take steps to prepare.

Unlike the 2008 GFC, the tools and tricks used by the almighty FED to stabilize the economy are now exhausted.

The focus should be on securing tangible assets that retain value, such as gold and silver, and preparing for the potential shutdown of banks and financial institutions.

The collapse of the dollar will lead to an epic revaluation of assets, with many losing significant value. This time, the so-called authorities are out of tricks and out of fake money.

Emergency interest rate cuts and liquidity injections won’t change the fundamental issues at play.

The Bottom Line

The financial crisis unfolding now is fundamentally different and much worse than the 2008 Global Financial Crisis.

The collapse of the dollar, driven by unsustainable debt, loss of confidence, and systemic failures, will have unprecedented global repercussions. Preparing for this collapse involves understanding the gravity of the situation, securing tangible assets, and bracing for widespread economic turmoil.

The wait is over, and the reality of a collapsing financial system is here.

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Has it Begun? Three Phases Now Lead to the Final Fiat Currency System Apocalypse

Has it Begun? Three Phases Now Lead to the Final Fiat Currency System Apocalypse

On August 5, 2024   By Awake-In-3D

Is the financial system crash upon us? Here’s what you need to know about the potential collapse of the fiat currency system apocalypse.

The global financial system today is showing signs of severe distress. But is it the beginning of global currency system apocalypse?

This Time, It Could Be Far Worse

Unlike the 2008 crisis, this time, the underlying issues are far deeper, and the usual remedies may not work.

Today’s alarming events may just be the beginning and the Federal Reserve’s usual tactics of cutting interest rates and pumping money into the financial economy might not be enough to save the Great Global Fiat Currency Debt System Experiment.

In This Article

• Market Downturn and Margin Calls

• Bear Market and Flight to Safety

• Federal Reserve Intervention and Quantitative Easing

• The Bottom Line

The current global financial situation is precarious. While today’s events were not disastrous, they signal potential future dangers.

The fundamental weaknesses from the 2008 financial crisis were never properly fixed, only temporarily covered up.

So let’s take a look at the three phases that could certainly lead to a final global currency system apocalypse.

1) Market Downturn and Margin Calls

A sudden and significant drop in global markets can trigger Margin Calls.

A Margin Call is a demand from a broker for an investor to deposit more money or securities to cover potential losses.

When this happens, large investment firms and hedge funds often sell assets like gold to cover their losses, which drives down the price of gold during market crashes.

For example, if the stock market plummets, investors who borrowed money to buy stocks (using leverage) must quickly provide additional funds or sell their assets to meet the broker’s requirements.

This forced selling can create a downward spiral, where falling asset prices lead to more Margin Calls and further selling, exacerbating the market downturn.

2) Bear Market and Flight to Safety

Continued sell-offs can lead to a Bear Market, which is a prolonged period where investment prices fall significantly, typically 20% or more from recent highs.

During a Bear Market, investors look for safer places to put their money. This rush to safety causes the prices of gold, the US dollar, long-term US Treasury bonds, and even Bitcoin to rise, as these are seen as safe investments.

A Bear Market reflects widespread pessimism and negative investor sentiment, where people expect prices to keep falling.

In such times, they often shift their investments to assets that are considered more stable and less risky. Gold is traditionally viewed as a safe haven because it maintains value better than most assets during economic downturns.

Similarly, the US dollar and US Treasury bonds are seen as secure because they are backed by the US government. Recently, Bitcoin has also been perceived as a hedge against traditional financial instability.

3) Federal Reserve Intervention (Bringers of the Currency System Apocalypse)

If the markets keep falling, the Federal Reserve (the central bank of the United States) may step in.

They will cut interest rates and use Quantitative Easing (QE), which means buying long-term securities to inject money into the economy and encourage lending and investment.

However, this can lead to the debasement of fiat currencies (making money less valuable) and eventually freeze credit markets, where businesses borrow money.

During the 2008 financial crisis, the Federal Reserve used massive QE to stabilize the economy. By purchasing large amounts of government bonds and mortgage-backed securities, the Fed increased the money supply, making it cheaper to borrow money.

While this helped to avert a deeper recession, it also set a precedent for relying on QE during crises. In today’s context, the effectiveness of QE is uncertain.

Further QE could lead to fast-rising inflation and erode the value of currencies. If banks, businesses and consumers lose additional confidence in the financial system, they might hoard cash instead of spending or lending, potentially leading to a freeze in the credit markets. It won’t take much.

The Bottom Line

Today’s financial troubles might be early warnings of a much larger crisis. The three phases—Market Downturn and Margin Calls, Bear Market and Flight to Safety, and Federal Reserve Intervention and Quantitative Easing—could lead to the collapse of the fiat financial system. It’s vital to stay aware and ready as these uncertain times unfold.

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Global Financial Contagion Now Unleashed as Japan’s Yen Crisis Erupts

Global Financial Contagion Now Unleashed as Japan’s Yen Crisis Erupts

On August 4, 2024  By Awake-In-3D

The Devastating Impact of Japan’s Economic Sickness on the Global Fiat Financial System

This weekend, the world has been waking up to headlines declaring global financial markets in chaos. Not due to any specific local issue, but triggered by a seismic economic upheaval in Japan.

This isn’t a hypothetical scenario; it’s happening now.

In This Article

1. What Makes Fiat Currencies So Fragile?

2. Why Is Japan’s Economic Situation a Global Concern?

3. How Are Global Markets Reacting to Japan’s Yen Crisis?

4. What Does This Global Market Contagion Look Like?

5. What Can We Learn from Japan’s Financial Catastrophe?

The foundation of our global financial system—fiat currencies, which derive their value from government assurances rather than tangible assets like gold—is showing its cracks.

Today, Japan’s catastrophic financial and economic situation is acting as a viral contagion, spreading instability and panic throughout the global fiat financial system. This isn’t just an isolated problem confined to Japanese borders.

The ripple effects are wreaking havoc worldwide, exposing the weakest link in our globally interconnected financial framework.

The message is clear: trust in government-backed FIAT currencies is dangerously misplaced.

As Japan’s crisis deepens, it serves as a clear warning that the foundations of our FIAT financial system are growing progressively more fragile and progressing to the point of collapse.

The global financial system, long upheld by fiat currencies, is now teetering on the brink of a crisis. Japan’s recent economic turmoil is exposing the fragile underpinnings of currencies not backed by tangible assets like gold.

What Makes Fiat Currencies So Fragile?

Fiat currencies rely solely on government trust rather than tangible assets. For decades, this system has functioned based on the perceived stability and reliability of governmental policies. However, the recent upheaval in Japan reveals how quickly this trust can disintegrate.

The yen’s sharp appreciation against the dollar—rising around 8% over the last month to 148.84 yen per dollar—highlights the deeper issues within Japan’s economy and its monetary policy, questioning the stability of fiat currencies worldwide.

Why Is Japan’s Economic Situation a Global Concern?

Japan’s decision to raise interest rates for only the second time in 17 years signifies a significant departure from its previous monetary easing policies. This shift has triggered a rapid rise in the yen, sending shockwaves through global markets.

The collapse of the carry trade, where investors borrow in yen at low interest rates to invest in higher-yielding assets, is causing widespread financial disruption. The yen’s surge is forcing massive sell-offs in U.S. equities, leading to a broad market slump.

How Are Global Markets Reacting to Japan’s Yen Crisis?

The yen’s appreciation and the subsequent sell-off of U.S. stocks illustrate the interconnectedness of global financial systems. As Japanese investors repatriate their capital, the impact is felt worldwide. This has led to significant declines in stock markets from the U.S. to Europe.

This downturn, exacerbated by weak U.S. manufacturing data and employment indicators, highlights just how a crisis in one country can ripple across the globe, affecting economies far beyond Japan.

What Does This Global Market Contagion Look Like?

The sudden and rapid appreciation of the yen and subsequent market sell-offs have led to widespread volatility and losses across major indices in Asia, the Pacific region, Europe and North America.

Here’s a snapshot of global market sell-offs in the last two trading days (August 1st and 2nd, 2024):

Austral-Asia Markets

• Japan (Nikkei 225): Combined decline of 5.73%

• China (Shanghai Composite Index): Combined decline of 1.40%

• Singapore (STI Index): Combined decline of 2.15%

• Australia (S&P/ASX 200 Index): Combined decline of 2.11%

European Markets

• STOXX Europe 600 Index: Declined 1.2%

• Germany’s DAX: Dropped 2.3%

• France’s CAC 40: Fell 2.1%

• UK’s FTSE 100: Shed 2.31%

U.S. Markets

• Dow Jones Industrial Average: Decline of 2.71%

• S&P 500 Index: Decreased 3.26%

• Nasdaq Composite: Shedding 4.67%

What Can We Learn from Japan’s Financial Catastrophe?

Japan’s yen crisis serves as a stark reminder of the vulnerabilities within the global fiat currency system. The recent turmoil demonstrates the need to question our reliance on government-backed currencies and consider the potential benefits of assets backed by tangible resources like gold.

The era of unquestioned faith in fiat currencies may be coming to an end.

The Bottom Line

Japan’s yen crisis is a dire warning about the fragility of the global fiat currency system. As trust in government-backed currencies wavers, the interconnected nature of global markets becomes increasingly evident.

The stability of our financial future depends on acknowledging these vulnerabilities and taking proactive steps to mitigate risks. The era of blind trust in fiat currencies must give way to a more cautious and strategic approach to safeguarding our economic well-being.

Contributing Sources:

• https://www.cnbc.com/2024/08/02/carry-trade-how-japans-yen-could-be-ripping-through-us-stocks.html?__source=iosappshare%7Ccom.apple.mobilenotes.SharingExtension

• https://www.watson.ch/schweiz/wirtschaft/308773172-schweizer-aktienmarkt-smi-mit-grossen-verlusten-nach-1-august

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Zimbabwe Gold ZiG Currency is Bringing Humanity Closer to the GCR

Zimbabwe Gold ZiG Currency is Bringing Humanity Closer to the GCR

On August 1, 2024  By Awake-In-3D

How the Zimbabwe Gold ZiG is Reshaping the Future Global Currency System Today

The resurgence of gold as a global currency is becoming a reality, with Zimbabwe leading the way. The introduction of the Zimbabwe Gold ZiG currency has sparked significant interest and marked a seminal shift in the global financial landscape.

Zimbabwe’s approach provides a glimpse into humanity’s promising financial future.

In This Article:

• What is the Zimbabwe Gold ZiG?

• Is the Zimbabwe Gold ZiG Currency Being Used?

• How has the ZiG helped Zimbabwe’s Economy?

• Will the Gold ZiG Replace the US Dollar in Zimbabwe?

• Is the Zimbabwe Gold ZiG a Part of a GCR?

What is the Zimbabwe Gold ZiG?

The Zimbabwe Gold currency, or ZiG, launched in April 2024, is a gold-backed currency designed to replace the depreciated Zimbabwean dollar.

The ZiG is backed by foreign exchange reserves and precious metals, providing a stable and secure alternative to the previously volatile local currency.

This marks Zimbabwe’s sixth attempt to establish a reliable currency in the past 15 years.

Is the Zimbabwe Gold ZiG Currency Being Used?

Since its introduction, the adoption of the ZiG has been remarkable. Zimbabwean Central Bank Governor John Mushayawanha reported that the usage of ZiG has doubled, now representing 30% of all transactions in the country.

This rapid increase in acceptance indicates growing confidence among Zimbabweans in the new currency’s stability and value.

How has the ZiG helped Zimbabwe’s Economy?

The introduction of the ZiG has had a stabilizing effect on Zimbabwe’s economy. The gold-backed currency has helped to curb inflation and restore some confidence in the national monetary system.

Previously, hyperinflation and a depreciating local currency plagued the economy, but the ZiG’s success suggests a turning point.

The use of gold coins in 2022 laid the foundation for this success, proving effective in managing liquidity and preserving value.

Will the Gold ZiG Replace the US Dollar in Zimbabwe?

The Zimbabwean government has ambitious plans for the ZiG to become the sole legal tender by 2030.

Finance Minister Mthuli Ncube has introduced measures to increase demand for the ZiG, including requiring government departments to accept payments in the local currency.

President Emmerson Mnangagwa has indicated that the transition could be completed as early as 2026, aiming to reduce reliance on the US dollar.

Is the Zimbabwe Gold ZiG a Part of a GCR?

The ZiG’s introduction is seen as a significant step towards a Global Currency Reset (GCR), where gold re-emerges as the foundation for a fair and sovereign financial system open to all of humanity.

The success of the ZiG will lead other nations to adopt gold-backed currencies, fostering a more secure and equitable global economy.

The GCR envisions a future where gold and other real assets underpin global financial systems, reducing the debt, volatility and uncertainty associated with fiat currencies.

The Bottom Line

Zimbabwe’s introduction of the ZiG currency marks a pivotal moment in the global financial landscape. By embracing a gold-backed currency,

Zimbabwe is not only stabilizing its own economy but also paving the way for a broader global currency reset.

Zimbabwe’s success with the ZiG will bring a new era of financial stability and prosperity, driven by the strong properties and value of gold.

Contributing Source: https://eurasiabusinessnews.com/2024/07/29/in-zimbabwe-the-use-of-gold-backed-currency-zig-grows/

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Are You Prepared for Currency Exchanges in a New Gold-Backed System?

Are You Prepared for Currency Exchanges in a New Gold-Backed System?

On August 3, 2024  By Awake-In-3D

New gold-backed digital currencies are coming and learning as much as we can about the future of GCR currency exchanges should be on everyone’s to-do list.

A new and promising financial system alternative is emerging—one that harnesses the intrinsic stability and value of gold-backed digital currency technology.

It has long been my view that a gold-backed component is what will create a significant revaluation (RV) of our GCR currencies and bonds.

Key Takeaways

• Understand Gold-Backed Value: Grasp the concept of how gold-backed currencies tie value directly to gold, ensuring more stability compared to fiat currencies.

• Learn Transaction Mechanics: Familiarize yourself with the process of direct peer-to-peer transactions in the new system, which bypass traditional banking methods.

• Embrace Digital Tools: Utilize modern digital apps and platforms designed for managing and converting gold-backed currency units seamlessly.

• Prepare for the Transition: Stay informed and ready for the shift to gold-backed currencies to gain a significant advantage in the evolving financial landscape.

As we all witness the logical conclusion to the Great Global Fiat Currency Debt System experiment, understanding and preparing for the introduction of a new gold-backed currency system alternative becomes essential.

This alternative financial framework, often referred to as the Global Currency Reset (GCR), offers a more stable and reliable store of value by tying currency directly to gold.

Unlike fiat currencies, which are backed only by government promises, gold-backed currencies ensure that the value of money is anchored in a tangible and historically trusted asset.

In the not-too-distant future, we may witness a shift where digital platforms facilitate direct peer-to-peer transactions using gold-backed currency units, bypassing traditional banks and reducing transaction fees.

This system promises greater transparency and security, making financial exchanges simpler and more efficient.

This article explores the mechanics of how GCR currency exchanges might work, providing you with information needed to help understand this impending change.

By familiarizing yourself with these concepts now, you can position yourself advantageously as this new financial paradigm takes shape.

The Basics of Gold-Backed Currencies

Gold-backed currencies are mediums of exchange where the value of the currency is directly tied to a specific amount (weight) of gold. Unlike fiat currencies, which are backed only by government promises, gold-backed currencies offer a tangible asset that provides an intrinsic store of value.

This shift is expected to bring greater stability and reduce the risk of manipulation that plagues our current global fiat currency system.

Why Gold?

Gold has been a symbol of wealth and stability for centuries. Its inherent value, rarity, and universal acceptance make it an ideal foundation for a new financial system. As fiat currencies face devaluation and economic uncertainties, gold offers a safe haven, ensuring that currency retains its value over time.

The Mechanics of Currency Exchange

In the emerging gold-backed system, currency exchanges will look quite different from what we are used to today. Instead of dealing in purely digital or paper money, transactions will involve units that represent a specific amount of gold.

For example, a unit might be equivalent to one gram of gold. This means that the value of your currency is directly tied to the market price of gold, providing a more stable and reliable store of value.

Imagine you have a substantial amount of new gold-backed currency units after an exchange, each based on 1/2 gram of gold. Today, one gram of gold is worth around $75.

As the new system values these units in terms of gold, they will have substantially higher purchasing power when exchanged for pure fiat currencies such as the US Dollar or Euro. This is how the GCR currency revaluation is realized, leading to significant gains in value, especially as the global economy adjusts to this new standard.

Practical Applications

How will this work in practice? Let’s say you want to buy a house. In the new system, you could transfer the gold-backed units directly to the seller without the need for traditional banks. This direct peer-to-peer transaction not only simplifies the process but also reduces fees and eliminates the need for middlemen.

Digital Integration

One of the most exciting aspects of this new system is its integration with modern digital technologies. Apps and desktop platforms will allow users to manage their gold-backed currency units seamlessly.

You can convert your units into local digital currencies, deposit them into your bank, and spend them as you would with any other form of money.

This blend of old-world value (gold) with new-world technology offers a compelling vision of the future of finance.

Future Implications

As the new gold-backed currency system gains traction, we may see a significant shift in how we perceive and use money.

Traditional fiat currencies like the dollar or euro might eventually adopt gold backing to remain competitive. For now, this system offers a robust alternative, promising greater security, transparency, and stability.

Are You Ready?

The transition to a gold-backed currency system is more than just a financial adjustment; it’s a paradigm shift. Understanding how this system works and preparing for its implementation can give you a significant advantage.

Stay tuned to the “Endgame GCR” podcast for more insights and updates on this transformative journey. The future of finance is golden, and now is the time to get prepared.

Many more details and examples of the new gold-backed currency system and RV/GCR exchanges are discussed in Episode 3 (links below).

• Podcast on YouTube: Endgame GCR Episode 3 (YouTube)

• Podcast on Rumble: Endgame GCR Episode 3 (Rumble)

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© GCR Real-Time News

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RV/GCR Currency Exchanges in the QFS: Awake-In-3D Podcast

RV/GCR Currency Exchanges in the QFS

On August 1, 2024  By Awake-In-3D

If you’ve ever wondered about currency exchanges in the QFS and how it could work, this episode is for you.

In this episode of the “Endgame GCR” Podcast, hosts Awake-In-3D and Marie G. discuss currency exchanges, gold currency revaluations and how it all could work in the QFS (Quantum Financial System ).

The conversation builds on previous podcast episodes, offering listeners a deeper understanding of how the Global Currency Reset (GCR) and related technologies might unfold in practical terms.

We present several, real-world scenarios in simple, easy to understand examples.

IN THIS EPISODE:

• GCR Gold, Digital Currencies, and the QFS

• Dispelling QFS myths and sharing concrete, real-world developments

• Explanation of FinTech (Finance Technology)

• Importance of gold in backing in the QFS

• The QFS alternative to the current fiat currency system

• Clarifying misconceptions about QFS and quantum computing

• QFS as a decentralized ledger system

• Sovereign Digital Currencies vs. Central Bank Digital Currencies (CBDCs)

• How exchanges and redemptions could work in the QFS

• Bypassing traditional banks with security and transparency of the QFS

• Example scenarios of using QFS Gold-backed Units for currency exchanges and spending RV/GCR funds in local currency

• Valuation and backing of QFS Gold-backed Units by gold

• Role of off-ledger gold in the GCR alternative currency system

• Potential value appreciation of QFS Gold-backed Units

• Digital and tokenized ownership transfers

• Simplified, fee-free transactions without middlemen

• Future implications for traditional banking and loans

© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews
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Podcast now available on the GCR Real-Time News YouTube Channel

https://youtu.be/7WuS6bmF48E

Will Canada Beat Japan in the Race to a Total Fiat Currency Collapse?

Will Canada Beat Japan in the Race to a Total Fiat Currency Collapse?

On July 29, 2024 By Awake-In-3D

Maybe Canada should consider Joining the BRICS gold-backed currency system – if only Canada had some gold.

Once a beacon of prosperity and stability, Canada now faces unprecedented challenges.

The nation’s standard of living is plummeting, economic policies are under intense scrutiny, and an increasing number of Canadians are considering leaving the country.

In This Article

• Canada vs. Japan in a Currency Race to the Bottom

• The Decline of Canada’s Standard of Living

• By the Numbers: Canada’s Current Economic Disaster

• Trudeau’s Economic Policies and Their Impact

• Future Prospects for Canada’s Economy

Of course the United States is also in serious decline. However, Canada does not have the luxury of having the world’s reserve currency.

Nor does Canada hold a single ton of gold in her sovereign monetary reserves.

This article details Canada’s troubling decline, offering a comprehensive look at the forces reshaping the Great White North.

Canada’s standard of living is on track for its worst decline in 40 years, according to a new study by Canada’s Fraser Institute.

The study compared the three worst periods of decline in Canada over the last 40 years – the 1989 recession, the 2008 global financial crisis, and the current post-pandemic era.

Unlike the previous recessions, Canada is not recovering this time. Something broke.

In fact, according to the Financial Post, since 2019, Canada has had the worst growth out of 50 developed economies. Inflation-adjusted Canadian wages have been flat since 2016.

Canada vs. Japan in a Currency Race to the Bottom

While both Japan and Canada are major global economies, neither country’s currency is faring very well against King Fiat Dollar this year.

The Canadian Dollar has lost 4.34%of its value year to date while the Japanese Yenb has depreciated 8.43% against the US dollar (see charts below).

CAD/USD Year to Date

JPY/USD Year to Date

While Japan’s 250% debt to GDP is a catastrophic problem with no way out, at least they have built up their sovereign gold reserves to 846 tons as of March of 2024.

Canada, on the other hand, has absolutely zero gold reserves. What are they thinking?

As I will explain below, holding no gold reserves is only the tip of the iceberg as the economic disaster unfolding in Canada paints a very dangerous future for my friends in the Great White North.

The Decline of Canada’s Standard of Living

Canada’s per-person real GDP is still falling, and with a looming US recession, Canada could crash again before it ever recovers.

The US accounts for 75% of Canada’s exports, making its economic health crucial to Canada’s prosperity. Canadian bankruptcy filings jumped 40% last year, while CIBC reports nearly half of Canadians have zero emergency savings.

Additionally, StatsCan reports that Canada’s violent crime rate is up 40% since 2014.

An Ipsos poll found that 7 in 10 Canadians agree that “Canada is broken,” rising to 8 in 10 for those between ages 18 and 34.

The Angus Reid Institute found that 42% of Canadians are considering moving to another country.

By the Numbers: Canada’s Growing Economic Disaster

• Canada’s standard of living is on track for its worst decline in 40 years.

• Since 2019, Canada has had the worst growth out of 50 developed economies.

• Inflation-adjusted Canadian wages have been flat since 2016.

• Canada’s per-person real GDP is still falling.

• The US accounts for 75% of Canada’s exports, impacting Canada’s economic health.

• Canadian bankruptcy filings jumped 40% last year.

• Nearly half of Canadians have zero emergency savings, according to CIBC.

• Government spending has nearly doubled to almost half of GDP.

• Government workers in Canada are growing almost four times faster than the private sector.

• One in three Canadians now work for the government, earning 30% more in salary and benefits than private-sector counterparts.

• Food inflation in Canada is up 25% since the pandemic.

• Energy costs in Canada have risen 30%, partly due to a carbon tax.

• Sales tax in most Canadian provinces is 13 to 15 percent on everything you buy.

Trudeau’s Economic Policies and Their Impact

Justin Trudeau’s administration has been marked by significant changes in economic policy.

Trudeau’s campaign aimed to convert Canada from a mixed economy like the US into a government-dominated economy similar to some European countries.

Under Trudeau, business investment has plunged by a third, while government spending nearly doubled to almost half of GDP.

Canadian Prime Minister Justin Trudeau. Source: True North News

Government workers in Canada are growing almost four times faster than the private sector, and one in three Canadians now work for the government, earning 30% more in salary and benefits than their private-sector counterparts.

This has made it challenging to win an election on a small-government platform, as 40% of voters are directly dependent on government-provided livelihoods.

Future Prospects for Canada’s Economy

In the near term, things will likely worsen because Canadians are stuck with Trudeau through the next election in 2025.

Conservative leader Pierre Poilievre is currently ahead in the polls, but government-funded media efforts to undermine him are narrowing his lead.

This suggests continued inflation, economic decline, mass migration, and rising crime.

Pierre Poilievre, leader of the “Common Sense Conservatives” speaks at a 2023 Town Hall meeting in Nova Scotia. Source: The Laker News

The Bottom Line

Canada is facing a critical period of economic and architectural decline. With flat wages, rising living costs, and a struggling economy, Canadians are experiencing one of the worst periods of decline in recent history.

The future of Canada’s economy remains uncertain, but addressing these issues is essential for restoring prosperity and stability.

Contributing Sources: 

• https://brownstone.org/articles/canadas-worst-decline-in-40-years/

• https://www.fraserinstitute.org/sites/default/files/changes-in-per-person-GDP-Income-1985-to-2023.pdf

• https://financialpost.com/news/canada-standard-of-living-faces-worst-decline-40-years#:~:text=A%20leader%20among%20the%20so,rate%20among%2050%20developed%20economies.

• https://thehub.ca/2024/07/23/theo-argitis-taking-stock-of-canadas-complicated-economy-before-tomorrows-bank-of-canada-decision/

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© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog

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Financial Apocalypse: U.S. Debt Reaches Mind-blowing $35 Trillion

Financial Apocalypse: U.S. Debt Reaches Mind-blowing $35 Trillion

On July 29, 2024 By Awake-In-3D

We Are Heading for an Economic Collapse at Warp Speed as Alarming Facts are Revealed

In This Article:

• The Dire State of U.S. National Debt

• Catastrophic Economic Implications

• Root Causes of the Explosive Debt Growth

The United States has reached a critical and alarming milestone: a national debt of $35 trillion.

This colossal figure not only breaks records but also signals an impending economic catastrophe.

VISUALIZING HOW LARGE $1 TRILLION DOLLARS ACTUALLY IS. Source: TheCalculatorSite.com

The Dire State of U.S. National Debt

The gross national debt of the United States has now soared past $35 trillion, a number that is almost unfathomable.

House Budget Committee Chairman Jodey Arrington (R-TX) expressed grave concern, noting the debt equates to $104,497 per person, $266,275 per household, and $483,889 per child.

In just one year, the debt has ballooned by $2.35 trillion, averaging $196 billion in new debt every month.

Catastrophic Economic Implications

This unprecedented level of debt spells disaster for the U.S. economy.

It threatens to drive up interest rates, reduce national savings, and compromise national security. The federal debt includes both public and intragovernmental holdings, placing an enormous burden on future generations.

ANOTHER WAY TO VISUALIZE JUST HOW LARGE $1 TRILLION ACTUALLY IS. Source: The Visual Capitalist

Root Causes of the Explosive Debt Growth

The potential for higher taxes and severe currency debasement looms large as the debt spirals out of control.

The rapid escalation of the national debt is attributable to several factors, with the government’s irresponsible response to the COVID-19 outbreak playing a significant role due to massive welfare spending.

However, the path to this fiscal abyss began long before the that, fueled by structural issues such as unsustainable entitlement programs, out-of-control government spending, and impotent economic policies that fail to generate sustainable tax revenues.

The Bottom Line

The U.S. national debt exceeding $35 trillion is not just a number—it’s a harbinger of economic disaster.

The enormity and implications of this debt demand urgent and decisive action.

Without immediate intervention, the United States faces a future marked by financial instability, higher taxes, and severe austerity measures.

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© GCR Real-Time News

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