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GCR Update: Iraq’s Budget – A Recipe for Disaster
Is this a GCR signpost? Seriously? Iraq’s Parliament recently approved a 2023 budget of 198.9 trillion Iraqi dinars ($153 billion), allocating record funds for public wage bills and development projects. However, the budget deficit is estimated at a record 64.36 trillion Iraqi dinars, and Iraq’s increasing dependence on oil revenue is a risk to its…
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What if Everyone in Charge of GCR/NESARA Disclosure Have Signed NDAs?
2017: [Meme on the Keanu Reeves movie “Bill & Ted’s Excellent Adventure”] Disclosure of NESARA and the GCR kept missing […]
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Asian Clearing Union agrees to use Iran’s financial messaging system as SWIFT alternative
The move is part of a broader de-dollarization trend that is being driven by growing rebellion against US dollar dominance and the US government’s use of economic warfare to punish countries that resist its agenda.
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Understanding SOFR: The New Benchmark for Global Credit Markets
Is the transition to the SOFR interest rate benchmark going to push the proverbial button on the GCR? It seems that nearly every event in the financial economy is labeled as a “the trigger” for Our GCR. This is simply not the case. My regular readers know my position on Our GCR release being the…
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ISO20022 QFS Explained: It’s a Messaging Standard – Not a Payment System
There is a lot of talk in GCR Land about ISO20022. Most notably, that this Standard is somehow synonymous with the QFS. But is it? In this article, we will explore the key features of ISO20022, its benefits, and how it is being adopted by the financial industry. We will also answer one of the…
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BRICS Alliance to Challenge US Dollar Hegemony with Gold-Backed Global Currency?
The BRICS alliance, consisting of Brazil, Russia, India, China, and South Africa, is set to challenge the dominance of the US dollar in international trade and finance with the establishment of a new global currency backed by gold and other commodities. With the increasing size and influence of its member countries, the BRICS alliance is…
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