Rise of the Global South
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China warned the US Monday not to take "discriminatory actions" against its firms, following reports Washington is planning to ban the sale of vehicles using Chinese and Russian technology.
“China opposes the US's broadening of the concept of national security and the discriminatory actions taken against Chinese companies and products," foreign ministry spox Lin Jian said.
The concept of a “free market” quickly disappears once genuine competition arrives…
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Rise of the Global South
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Forwarded from Monero Revolution (Financial News)
💸The greatest Ponzi scheme the world has ever known is crumbling before our eyes
Both Sergey Lavrov and Donald Trump have called it out: U.S. sanctions and the Fed’s suicidal rate cuts are delivering self-inflicted wounds to the American economy. Sanctions that were meant to cripple others are boomeranging back and crushing the U.S. dollar’s status as the world’s reserve currency.
For over 5 decades, the U.S. dollar wasn’t backed by gold or any tangible asset, it relied solely on the illusion of America’s limitless economic power and global dominance. But that illusion is shattering. Lavrov pointed out that nations like China and Russia are waking up to the risks of dollar dependency, moving swiftly toward trade in national currencies and breaking free from the grip of the U.S. financial system.
Trump warned that the Fed’s policies are eroding the dollar’s credibility. Inflation is surging, the Fed’s rate cuts are gutting the purchasing power of everyday Americans, and the U.S. economy is teetering on the edge. The truth is clear: the U.S. dollar was never as credible as it seemed. It was sustained by a fragile system of trust, which is now unraveling before our eyes.
The global shift away from the dollar isn’t just a reaction to sanctions—it’s the inevitable collapse of a currency built on hollow promises and crushing, unsustainable debt.
🌍 Join @MoneroRevolution and Join us on X
Both Sergey Lavrov and Donald Trump have called it out: U.S. sanctions and the Fed’s suicidal rate cuts are delivering self-inflicted wounds to the American economy. Sanctions that were meant to cripple others are boomeranging back and crushing the U.S. dollar’s status as the world’s reserve currency.
For over 5 decades, the U.S. dollar wasn’t backed by gold or any tangible asset, it relied solely on the illusion of America’s limitless economic power and global dominance. But that illusion is shattering. Lavrov pointed out that nations like China and Russia are waking up to the risks of dollar dependency, moving swiftly toward trade in national currencies and breaking free from the grip of the U.S. financial system.
Trump warned that the Fed’s policies are eroding the dollar’s credibility. Inflation is surging, the Fed’s rate cuts are gutting the purchasing power of everyday Americans, and the U.S. economy is teetering on the edge. The truth is clear: the U.S. dollar was never as credible as it seemed. It was sustained by a fragile system of trust, which is now unraveling before our eyes.
The global shift away from the dollar isn’t just a reaction to sanctions—it’s the inevitable collapse of a currency built on hollow promises and crushing, unsustainable debt.
🌍 Join @MoneroRevolution and Join us on X
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"If you are in or near a house that contains weapons for Hezbollah, you must leave it and move away from it within two hours."
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Meanwhile, British pensioners will need to choose whether to heat or eat this winter - after the Labour govt cut their winter fuel allowance.
The cutback will save the UK around £1.3bn a year - or less than half what they are sending to the Kiev regime annually.
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Forwarded from Going Underground
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🚨FORMER CIA DIRECTOR LEON PANETTA CALLS ISRAEL’S PAGER ATTACK AGAINST LEBANON ‘TERRORISM’
“I don’t think there’s any question it’s a form of terrorism…when you have terror going up the supply chain, it makes people ask the question; what the hell is next?”
https://rumble.com/v5fo86z-whitewashing-genocide-how-western-media-shapes-how-you-think-about-israel-a.html
“I don’t think there’s any question it’s a form of terrorism…when you have terror going up the supply chain, it makes people ask the question; what the hell is next?”
https://rumble.com/v5fo86z-whitewashing-genocide-how-western-media-shapes-how-you-think-about-israel-a.html
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A barrage of rockets from Lebanon is currently heading towards Haifa.
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Rise of the Global South
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IDF estimates almost 50% of Hezbollah's medium and long-range rockets destroyed in earlier strikes on Lebanon.
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The US is sending additional troops to the Middle East amid Israel’s deadliest barrage on Lebanon since the 2006 Israel-Hezbollah war, the Pentagon has revealed.
The move comes after thousands were deployed earlier alongside warships, fighter jets and air defense systems.
Israeli airstrikes killed over 490 people, including more than 90 women and children on Monday, the Lebanese health minister said.
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