Russia Confirms "BRICS" To Launch Gold-Backed Currency

According to state-run Russian Television (RT) - https://htrs-special.s3.us-west-2.amazonaws.com/BRICS-Gold-Backed-Currency.mp4 - the Russian Government has confirmed Brazil, Russia, India, China and South Africa, known as the "BRICS" nations, will introduce a new trading currency backed by Gold.

The official announcement is expected during the upcoming BRICS Summit in South Africa, this August.

If this takes place, it will likely mark the end of "fiat" currencies like the US Dollar, which is backed by nothing.

How fast nations around the world switch to using this new gold-backed currency for their foreign trade, is anyone's guess.

The more countries that choose to use this new currency, the more foreign-held US Dollars will come rushing back to the USA from those countries, which no longer need to hold US Dollars for their foreign trade. As those Dollars come back to the USA, it will cause inflation to spike in ways never-before seen here in America.

Many things that Americans buy and sell in the USA are made overseas. As US dollars come flooding back from overseas, the value of the US dollar will plummet versus other currencies, which means it will take many more US Dollars to buy goods from foreign countries.

Hence, sudden and dramatic inflation will precipitate in the US.

It is worth pointing out that the US has, on more than one occasion, gone to actual WAR to stop this exact thing from taking place in the past. Two recent examples would be Libya and Iraq.

In Libya, Mohamar Qadaffi wanted to create a gold-back Pan-African currency. Within a month of his announcement, there were riots and uprisings in Libya that ultimately resulted in Qadaffi being mobbed and brutally killed in the streets.

Iraq made a similar effort under Saddam Hussein. He announced that Iraq would begin selling oil in currencies other than the US Dollar, which sent the US to Iraq War 2, toppling Hussein from power. Ultimately, Hussein was found hiding in a hole in the ground, was arrested, tried, and hung by his neck until dead.

The US takes it very serious when anyone around the world tries to do anything that would unseat the US dollar as the world's defacto Reserve Currency.

The US is already itching to go to war with Russia over the Ukraine conflict. With RT TV's announcement about a Gold-Backed BRICS trading currency, it seems logical that the US "gloves" will come off.

If Russia and the BRICS Nations do what they have announced, it would mean the total collapse of US world dominance. There are many people inside the US Government that would rather burn the entire world to the ground, rather than lose control of it. Put simply, they will stop at nothing to maintain their financial control power; and will actively, viciously, brutally, destroy anyone and anything threatening their power.

This is gonna get ugly.

Anonymous

Philippines Coast Guard bullying China Coast Guard

 

Philippines Coast Guard very brave in confronting China Coast Guard. The Chinese side was waiting for the Pinoys to ram it. Think the Chinese Coast Guard ship would break into two pieces if hit by the Philippines Coast Guard. China is so lucky that the Philippines Coast Guard was kind enough not to ram the Chinese Coast Guard ship.

Philippines warship, another pride of the Philippines used to defend Philippines sovereignty. The Philippines is behaving like it is the most powerful navy in the South China Sea, challenging the Chinese Navy with two of its most powerful warships. China is too afraid to fire at them and unable to do anything to them. No wonder the Philippines Navy dares to bully the Chinese Navy. It is China that is afraid of the Philippines Navy.

Asean countries can depend on the Philippines to protect them against China ...as the Sheriff of the South China Sea.

Poisoning the Pacific Ocean - Irresponsible Japan

SINGAPORE: More than a decade after the devastating 2011 Tohoku earthquake and tsunami, Japan is set to release over a million tonnes of treated wastewater from its destroyed Fukushima Daiichi nuclear power plant into the Pacific Ocean.

The International Atomic Energy Agency (IAEA) on Tuesday (Jul 4) delivered a final review of Japan’s plan and gave its approval after a two-year evaluation....

Japan has not yet specified a date to start the release of the water - enough to fill 500 Olympic-sized swimming pools. 

However, its plan to dump the treated radioactive water into the ocean has faced fierce resistance from neighbouring countries like China and South Korea, and even Japanese residents....

 According to various media outlets, Japanese officials noted that the wastewater must be removed to avoid accidental leaks in the event of another earthquake as well as to create space for the decommissioning of the plant. ...

According to the IAEA, the tainted water has been recycled through the Advanced Liquid Processing System (ALPS), a pumping and filtration system which uses “a series of chemical reactions to remove 62 radionuclides from contaminated water”.

While most of the radioactive elements have been filtered out, it still contains tritium, an isotope that is difficult to separate from water due to it being chemically similar to hydrogen.

Tritium may “present a radiation hazard if inhaled or ingested but is only harmful to humans in very large doses”, according to IAEA.   CNA

 

The Americans and the western world, and their cronies, all seems to be quite comfortable with the release of the contaminated water into the Pacific Ocean as if it is safe or would not affect them. There is not a whimper of protest or dissatisfaction that Japan is treating the Pacific Ocean as their nuclear waste dumping ground. The Pacific Islanders too are very quiet. So are Australia and New Zealand, too far away or afraid to say anything because Japan is their ally?

This is perhaps the first time in history when the whole world knows about this in advance and has a chance to stop it but chose not to do anything, willing to suffer the consequences for the whole of humankind. The Americans and the French had done a lot of very harmful nuclear testings in the southern Pacific Ocean before, at a time when they were the dominant powers and no one could stop them, and at a time when they could do it without letting the world knows about the tests and radioactive hazard. The Americans even deliberately let the islanders of Marshall Islands to be the human guinea pigs to see how the radiation would affect human beans. The islanders are not qualified to deserve human rights protection. Of course the Marshall Islanders could not protest, unable to protest, too ignorant to protest. The rest of the world did not know what were happening until several decades had passed.

Assuming that the notorious Japanese and IAEA were telling the truth, that the contaminated water was harmless or would not cause severe harm to humans or marine life, would it be a better option to learn from Singapore's experience on how to treat filtered sewer water? Singapore has a big project in treating shit water from the toilets, filtered and cleansed them and scientifically certified the water as clean and safe for drinking. Still, Singapore did not expect its citizens to drink the water directly, though supposedly clean and safe. What Singapore did was to channel the treated shit water to the reservoirs to be cleansed by nature a second time before being reprocessed as potable water coming out of the tap.

If the Japanese really think the treated contaminated water is safe, why don't they do the same as Singapore, discharge the water into their reservoirs for cleansing in the natural way and process them for consumption?

The advantages of this process would give the water a second round of test. The flora and life forms in the reservoirs would be the first guinea pigs, the first line of defence. If the flora, fishes and aquatic life forms in the reservoirs survived the ordeal, at least it would make it a bit less risky for the human beans. And if the Japanese could drink the water coming out of their taps, and still have no adverse effects, it would be nice and good for the conscience, and a very responsible thing to do. As many have said, if the contaminated water is safe, the Japanese should be the first to drink it to prove it. It is only honourable and ethical for the Japanese to do so. It is another thing to dump the contaminated water into the ocean just by claiming that it is safe when the Japanese are afraid to consume it.

What do you think?

PS. People of the world must ban all Japanese produce if Japan goes ahead with poisoning the Pacific Ocean

Below is a comment in CGTN on the contaminated water issue.

@michaelp9061 4 hours ago

Japanese using nuclear waste to poison its neighbors children. This is what Japanese ethic and high value is really al about. Since the Americans want the release so badly, why don’t the Japanese dump the water into American west coast ? If it is safe why don’t the Japanese use the water in Japan ? Comment in CGTN

 

Yellen does not represent the rogues in Washington, the Americans are all out to stop China's growth

 Whatever comes out of the talks between Janet Yellen and the Chinese leaders, China must never fall into the mistaken belief that the USA really wants to repair ties and making peace. To the extent that even if the tech war or the trade war is disbanded and over, China must never let its priority be hijacked.

It is of paramount importance that China should relentlessly pursue the path of self reliance in the field of high end chip manufacturing, whatever happens, even if the USA unwinds its sanctions of high end chips to China. If China were to reverse gear or stagnate in its development in this area, and thinks it is still more convenient to rely once again on foreign entities supplying those high end chips, in view of assurances by the other side, it is making the same fatal mistake again. China will stagnate and be at the mercy of the USA, EU, Japan and the South Koreans.

China's latest export restrictions on Gallium and Germanium is the first step of its serious retaliation move against the chip sanctions, and both are important essential rare earth minerals required, not just for TSMC's chip production, but for ASML's chip making machine as well, including many other requirements in the military field. It is a calculated move by China. As I said before, China's retaliation is calibrated to inflict the most pain. China's continued hold on its position in the field of rare earth must also be kept tightly controlled, as it has the biggest reserve as well as being the world's biggest rare earth refiner.

When China has control of these two essential areas, chip manufacturing and rare earth supplies, it holds some measure of bargaining power to deal with countries attempting to exert pressure on China with sanctions in selected fields, like high end chips. China must therefore never let this be another mistake needing correction in future.

Anonymous 

PS. Yellen has dug a deep hole for the Chinese to fall in and be buried forever. 'Washington is not seeking a winner-take-all competition with Beijing'. Really? Anyone stupid enough to believe this?

Japan still wants to be whites

 Japan had always harboured the hope of other Asians treating them like the Whites, but their Asian features and skin colour cannot be changed, no matter how hard they try. Even today, sitting among the Whites at the G7 gives them to fake sense of satisfaction that other Asian countries are looking up to them as Whites. A wet dream indeed! Or a nightmare being treated like a 'pariah'.

What is Japan today? A sinking ship, long left behind by China militarily and economically. And Japan is very angry and sore, besides facing anxiety and paranoia over its past history. At its peak, rising after the post -war rebuilding, Japan wanted to be treated as Whites in Africa and Latin America. They were the second largest economy on earth, a miracle economy, and even thinks it owns the African and South American Continents, demanding respect like the White colonisers.

In Asia, after what Japan did during the war, makes it impossible for Japan to garner respect or support, even though they were the second largest economy then. Asians care two hoots about that status. Asians allowed Japanese investments to flow into the region, also to take advantage of the cheap labour, and provide jobs, but forcing them to treat Japanese as a notch higher in status was never a possibility as in Africa and Latin America.

Japan realistically was hoping to follow the Whites in the the same way that they treated the Native American Indians, but Japan lacks the military might after its wings were clipped by the USA after the war. They could not colonise countries even if they wanted to. It was all to be an empty dream and hopeless hype that faded miserably.

Anonymous