Global Reserve Currency Collapse?

[EndtheMadnessNow]

The FED and European Central Bank herding everyone in and then they can release US CBDC and EUROZONE CBDC to counter the new Russia-China block and their CBDC. Swiss BIS can run (rule over) everyone’s cross border payments.

An absolute hopelessly in debt Ukraine is perhaps soon to be offered a choice by Xi Jinping.

Over the past ~600 years of global reserve currencies, every currency has lasted 80-110 years and changes over after a Great War, elite corporate corruption, & massive debts taken on to grow the empire exceed their ability to be sustained. The USD would defeat history if it lasts beyond 2031 as Global Reserve Currency (GRC).

It comes as no surprise that the U.S dollar is facing challenges. Global reserve currencies have historically lasted in cycles of about 100 years as seen on the currency chart. Fiat currencies have historically recorded an average life span of 27 yrs. The USD has been serving as a global reserve currency for over 90 years, 40 of which as a fiat global reserve currency. If history repeats itself, then the USD is fast approaching its “use by date”. It is little wonder that many are preparing not just for the inevitable loss of the dollar's reserve status but also the demise of the currency itself.



Central Banks across the world are purchasing heavy amounts of gold.1 China and India, the world's two largest buyers of physical gold, are seeing increased demand .2  This comes as a bit of a surprise since gold has historically shown a low correlation with most asset classes and global financial markets have been on a prolonged bull run. Central Banks, however, continue to buy gold at record levels.3

Central and Eastern European Central banks, in particular, have dramatically increased their gold reserves. Countries like Hungary, Poland and Serbia have added hundreds of tonnes to their gold holdings just over the past few years. In the single month of March in 2021, Hungary tripled its gold reserves.4

According to the World Gold Council, the National Bank of Poland increased its gold holdings by 25.7 tonnes in the second half of 2018, and a further 100 tonnes in the second quarter of 2019, which is the largest global single gold purchase of the last decade.

Gold Reserve Fiat Currencies

Russian Parliament poised to approve digital ruble as legal tender

The ‘07-‘08 crisis hit right after the 85 year mark. We have now had 3 collapses and bailouts since entering the GRC expiration window. 08 bailout, Covid bailout-which would have just had a different name as the 10yr/2yr first inverted in summer 2019 indicating recession, and right now.


It will NEVER stop until there are actual consequences, time & time again this happens- the UK branch handing out bonuses and US CEO already ran off to Hawaii- it’s a joke to them because we let it be, they’re untouchable and always bailed out...


Yep, it’s all disingenuous projection, those who warn this cultural & political state of total impunity will truly collapse everything are labeled as “wishing for crisis” “hurting small businesses” “jeopardizing paychecks” as those actually responsible already treating it as joke.

Lucifer's bank UBS agrees to buy Credit Suisse for more than $2bn

UBS has agreed to buy Credit Suisse after increasing its offer to more than $2bn, with Swiss authorities poised to change the country’s laws to bypass a shareholder vote as they rush to announce a deal before Monday.

The all-share deal between Switzerland’s two biggest banks is set to be announced as soon as Sunday evening and will be priced at a fraction of Credit Suisse’s closing price on Friday, all but wiping out the target’s shareholders, three people with direct knowledge of the situation said.

The Swiss National Bank has agreed to offer a $100bn liquidity line to UBS as part of the deal, according to two people familiar with the matter.

“I can’t believe our members and UBS shareholders will be happy about this,” he said. “I have never seen such measures taken; it shows how bad the situation is.”

Negotiators have given Credit Suisse the code name Cedar and UBS is referred to as Ulmus, according to people briefed on the matter.

UBS also wants to be allowed to phase in any extra demands it would face under global rules on capital that govern the world’s biggest banks.

The deal with UBS comes just months after the Saudi National Bank and the Qatar Investment Authority injected close to SFr3bn into Credit Suisse as part of a SFr4bn capital raise. They are the bank’s two largest shareholders and jointly own 17 per cent of the stock.

We’re reaching the point where it sounds more insane to assert this all has nothing to do with a CBDC than to think there will be CBDCs.


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[EndtheMadnessNow]

Some say history doesn't repeat, but it sure does rhyme.