Forwarded from The Islander
🇺🇸❌🇺🇸💸Reflections on Hubris and the Looming Extinction of the Fiat Dollar as Reserve.
As we reflect on Trump’s bluster about imposing 100% tariffs on BRICS nations for daring to chart a course away from the dollar, perhaps he should direct his attention to a more pressing concern: the numbers staring us all in the face. More than $36 trillion national debt and over $200 trillion in unfunded liabilities. A debt-to-GDP ratio exceeding 123%, built on a fiat Ponzi scheme so reckless it makes Monopoly money look like a sound investment.
The U.S. dollar wasn’t dethroned by BRICS. It was undermined from within, betrayed by unchecked money printing, inflation, and weaponized sanctions wielded like a cudgel against half the globe. A dollar depended upon credibility as a means of exchange suicided itself. This isn’t the cunning of a financial hegemon; it’s the flailing of a system that abused its own credibility until none was left. A “mighty” dollar? No, a cursed relic, unraveling under the weight of its creators' hubris.
And while Trump clings to his empty threats, the BRICS markets are rapidly growing, expanding into the future with dynamism and opportunity. In stark contrast, the U.S. market... when adjusted for real inflation is shrinking, bleeding vitality with every misstep and every policy blunder. This isn’t checkers, Donnie, and it’s certainly not Texas hold ’em, where you can bluff your way out of a terrible hand. You’ve got to think a few moves aheadand right now, it’s painfully clear that Washington has no endgame, only doubling down on monetary suicide.
100% tariffs on BRICS? Not a problem. In fact, the emerging economic powerhouses of BRICS+ would welcome them with reciprocal sanctions on the dwindling U.S. manufacturing sector, if it can even produce competitive goods anymore. While BRICS nations build the markets of tomorrow, America clings to its fading economic dominance like a ghost haunting the ruins of its own making.
Let’s be clear: the U.S. has chosen to play monetary-economic Darwinism, and the result will be an expedited extinction of its fiat currency. This is no external conspiracy; it is a reality authored by decades of retrograde hubris, policy blunders, and a failure to adapt to a world that no longer tolerates the weaponization of money. The dollar’s demise isn’t just probable, it’s inevitable.
Trump’s threats are hollow, as flimsy as the “mighty dollar” he claims to defend. And the rest of the world? They’ve already moved on. Economic Darwinism, indeed.
- Gerry Nolan
🎙Subscribe @TheIslanderNews
As we reflect on Trump’s bluster about imposing 100% tariffs on BRICS nations for daring to chart a course away from the dollar, perhaps he should direct his attention to a more pressing concern: the numbers staring us all in the face. More than $36 trillion national debt and over $200 trillion in unfunded liabilities. A debt-to-GDP ratio exceeding 123%, built on a fiat Ponzi scheme so reckless it makes Monopoly money look like a sound investment.
The U.S. dollar wasn’t dethroned by BRICS. It was undermined from within, betrayed by unchecked money printing, inflation, and weaponized sanctions wielded like a cudgel against half the globe. A dollar depended upon credibility as a means of exchange suicided itself. This isn’t the cunning of a financial hegemon; it’s the flailing of a system that abused its own credibility until none was left. A “mighty” dollar? No, a cursed relic, unraveling under the weight of its creators' hubris.
And while Trump clings to his empty threats, the BRICS markets are rapidly growing, expanding into the future with dynamism and opportunity. In stark contrast, the U.S. market... when adjusted for real inflation is shrinking, bleeding vitality with every misstep and every policy blunder. This isn’t checkers, Donnie, and it’s certainly not Texas hold ’em, where you can bluff your way out of a terrible hand. You’ve got to think a few moves aheadand right now, it’s painfully clear that Washington has no endgame, only doubling down on monetary suicide.
100% tariffs on BRICS? Not a problem. In fact, the emerging economic powerhouses of BRICS+ would welcome them with reciprocal sanctions on the dwindling U.S. manufacturing sector, if it can even produce competitive goods anymore. While BRICS nations build the markets of tomorrow, America clings to its fading economic dominance like a ghost haunting the ruins of its own making.
Let’s be clear: the U.S. has chosen to play monetary-economic Darwinism, and the result will be an expedited extinction of its fiat currency. This is no external conspiracy; it is a reality authored by decades of retrograde hubris, policy blunders, and a failure to adapt to a world that no longer tolerates the weaponization of money. The dollar’s demise isn’t just probable, it’s inevitable.
Trump’s threats are hollow, as flimsy as the “mighty dollar” he claims to defend. And the rest of the world? They’ve already moved on. Economic Darwinism, indeed.
- Gerry Nolan
🎙Subscribe @TheIslanderNews
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The Democratic Party and five other parties have submitted a motion to parliament to approve impeachment proceedings with a vote expected by Saturday over Yoon’s “insurrectionary behaviour.”
The party said in a statement that Yoon’s gamble had been a “violation of the constitution” which “amounts to a clear act of treason, and is a perfect reason to impeach him.”
South Korea’s largest umbrella labour union calling an “indefinite general strike” until Yoon steps down.
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Carlson’s interview with the Russian Foreign Minister comes as he warns that Biden is driving the US “ever closer” to all-out nuclear war with Moscow.
Appearing in front of the Kremlin in a video posted on X on Wednesday morning, the former Fox News host said that the Biden’s admin’s policy towards Russia had reached its “apogee” in the weeks since Donald Trump’s election win.
He said the US military personnel had fired missiles into mainland Russia - a reference to the fact that Western troops were required to help Kiev launch US-supplied ATACMS missiles across the border last month.
Carlson also said he had attempted to interview Zelensky, but that his efforts were “thwarted” by the US govt - who told the Ukrainian president he could not do it.
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Forwarded from ♏️Levina🟠6️⃣6️⃣6️⃣😈
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👉 A 20 days long op by a SECRET Commando Force of India
👉 BRAHMOS- The Indo
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The UK’s “air defense [the ability to fend off incoming enemy missiles and drones] is dangerously thin and coastal defense is all-but non-existent," a senior defence source told Sky News.
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Since Trump nominated Hegseth to lead the US Dept of Defense, a sexual assault allegation has surfaced, as well as questions about his qualifications.
DeSantis ran against Trump in the Republican primary and before dropping out, he was considered by some to be Trump 2.0 - a Republican who could deliver Trump's populist agenda.
DeSantis, who was elected as Florida governor in 2018, did not reply to a request for comment and a spox for Trump declined to say whether DeSantis was under consideration for the post, CBS reported.
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The opinion poll of 1,200 Ukrainians, the most comprehensive study of electoral preferences since the war began in 2022, also found that about 60% would prefer Zelensky not to even stand for re-election.
Although Zelensky said before his victory in 2019 that he would not run for a second term, he has since stated that he would take part in elections, if they are held in wartime.
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A huge protest is also happening in Seoul’s main square against President Yoon, with plans to march to his office.
The protesters are demanding Yoon steps down or is impeached.
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Forwarded from DD Geopolitics
🇭🇺 NATO countries want Ukraine to fight until the last young soldier, stated Péter Szijjártó, Minister of Foreign Affairs of Hungary:
🔴 @DDGeopolitics
"What is surprising and extremely dangerous is that NATO leaders insist on lowering the draft age [in Ukraine]. Instead of lowering the draft age, supplying weapons, and providing training, we should be talking about peace, a ceasefire, and peace negotiations."
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The former Brexit negotiator is facing two no-confidence motions in the Paris National Assembly with voting set to take place later Wednesday over his premiership which began in early September.
Voting will take place after Macron returns from a trip to Saudi Arabia.
The head of state has said he will not resign himself, stating, “I was elected twice by the French people,” and that his “priority is stability.”
Barnier’s fall risks dragging France deeper into a crisis that has already sent shock waves across the Continent, amid concerns that the EU’s second biggest power is now ungovernable and burdened by spiralling public debt.
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There was a lack of common sense and “restraint in the West, in particular the US, where people seemingly underestimate our resolve to defend our core national security interests,” Sergey Ryabkov said. (CNN)
There will “come a moment when we will see no other choice but to resort to even stronger military means,” the FM added.
He also said played down the possibility of peace talks with Ukraine.
“Chances for a compromise at the moment are zero. The moment people in Kiev begin to understand there’s no way Russia will go the way they suggested - there might be openings and opportunities.”
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Brian Thompson was pronounced dead at a hospital. He was 50 years old.
The suspect is still at large.
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Forwarded from Ukraine Watch
@ukraine_watch
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Terrorist attacks in Bangladesh "could be indiscriminate, including in places visited by foreign nationals, such as crowded areas, religious buildings, and political rallies,” the UK govt has said in a fresh travel advisory.
Besides the possibility of terrorist attacks, the UK government also warned against other potential threats, including “armed robbery, violent crime and rape.”
The advisory comes amid heightened violence in Bangladesh against the minority Hindu community and the arrest of religious leaders.
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Anyone surprised?
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