According to the Federal Reserve Bank of Minneapolis:
“Negotiations to restructure sovereign debt are time consuming, taking almost a decade on average to resolve.”
According to the Federal Reserve Bank of Minneapolis:
“Negotiations to restructure sovereign debt are time consuming, taking almost a decade on average to resolve.”
Is this a digital battlefield for the “reset”, the next century of debt-bondage in the worldwide digital monetary system?
Shouldn’t blockchain programmers and executives discuss the coming battles?
Ignoring this is inviting danger.
Rational people don’t bet everything on hope; they have a Emergency Plan.
Are You Ready For Monetary Reform?
Geopolitics: the Money Mafia’s cartel enters their next World wide transitional phase.
Cashless Society Will Make Tax compliance 100%, and BANK RUNS Impossible!
Fines and fees become easy as well as asset and civil forfeitures…
The U.S. could potentially veto the yuan’s inclusion in the SDR basket because the change would require the support of as much as 85 percent of voting shares on the IMF’s executive board. The U.S. has 17 percent of the votes. The IMF said it’s too soon to say whether the move would require 70 percent or 85 percent of the vote under the institution’s bylaws.
Holly Shulman, a Treasury Department spokeswoman, said in an e-mail that it’s too early to speculate on the outcome of the IMF review.
China probably hasn’t done enough to liberalize controls over its currency and financial markets to sway the U.S., said Edwin Truman, who was assistant secretary for international affairs at the Treasury Department during the Clinton administration.
Russia And China Want To Build The Longest High-Speed Railway In The World…
“Japan’s bullet train system is no longer the world’s fastest nor does it carry the highest number of passengers. China and other countries have stolen a march over Japan with speedier trains.”
My sense is many nations do not wish to be held down by the WEST (U.S.-NATO) Allies from advancing technologically and enjoying a higher living standard.
In that light BRICS may look very appealing to many nations.