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Event Level EL-1: Where We Are Now
The Global Fiat Monetary System is Weakened and Fracturing
Persistent Inflation and Economic Strain
Persistent inflation, driven by soaring energy costs, is straining global economies, reducing consumer spending power, and dampening demand for critical sectors. Central banks respond with interest rate hikes, intensifying economic challenges.
Impact of Higher Interest Rates
Higher interest rates are causing a ripple effect throughout the economy: banks are tightening lending standards, bond prices are falling, and the commercial real estate market is weakening. Both existing home sales and new construction are hampered, and consumers are burdened by high-interest debt, leading to reduced spending and business hiring freezes.
Escalating Layoffs and Unemployment
Layoffs and unemployment are escalating as businesses grapple with reduced consumer spending and increased borrowing costs, exacerbating economic distress.
Record Defaults on Consumer Loans
Rising defaults on consumer automobile loans and mortgages are reaching record levels, reflecting the growing financial strain on individuals and households.
Banking Sector Crisis
The banking sector faces a severe crisis with dwindling deposits, surging loan defaults, and forced sales of treasury bonds to cover income losses and deposit shortfalls, intensifying systemic instability.
Stock Market Depreciation
Stock markets are consistently depreciating as economic turmoil spreads across various sectors, eroding investor confidence and reflecting broader economic uncertainties in the global financial system. These factors collectively contribute to the weakening of the current global fiat monetary system.
Event Level EL-2: What Is About to Happen
The Fiat Financial System Slides Into Free-fall: Slowly then Suddenly
BRICS ALLIANCE ACCELERATES NEW TRADE CURRENCY PLANS
The BRICS Alliance intensifies efforts to shield itself from the volatility of fiat currencies. However, they still face challenges due to their significant dependence on trade with the United States and Europe. This underscores the interconnectedness of the global economy, where even attempts to insulate from currency volatility can’t completely shield nations from economic shocks.
US Dollar Liquidity Evaporates
The global availability of US dollars begins to diminish. This phenomenon can be attributed to various factors, including reduced confidence in the US dollar’s stability and its status as the world’s primary reserve currency. A shortage of US dollar liquidity can disrupt international trade, financial markets, and economic stability worldwide.
Global Credit Markets Slow
Global credit markets, crucial for facilitating borrowing and lending, grind to a near halt. This slowdown can result from heightened risk aversion among lenders and reduced creditworthiness of borrowers.
Collapse of the Japanese Yen
The Japanese economy, with a catastrophically high Debt-to-GDP ratio of 265%, experiences a major collapse. High debt levels can become unsustainable, leading to concerns about the government’s ability to service its debt.
Devastation of the Euro
The Euro faces significant challenges as European Union nations engage in brinkmanship and self-preservation. Economic tensions, fiscal imbalances, and political discord within the Eurozone contribute to the Euro’s depreciation. Europe’s high cost of energy, largely imported, adds to economic strains as OPEC and Russia manipulate production to maintain profitable prices.
Civil Unrest in Canada and Mexico
Canada and Mexico experience severe civil unrest due to their heavy reliance on trade income from the United States. The disruption in trade relationships, coupled with economic dismantling, reflects the vulnerability of economies dependent on a single major trading partner.
Precipitous Decline of the US Dollar
The US dollar’s decline accelerates, exacerbated by the introduction of a new BRICS common currency backed by gold and other assets. This development underscores the challenge to the US dollar’s dominance and prompts significant changes in global currency dynamics. The rising value of gold relative to the US dollar reflects shifting confidence in traditional fiat currencies.
Dumping of US Treasury Bonds
Many nations worldwide sell large portions of their US Treasury Bonds on the open market. This mass divestment causes the Eurodollar System, a significant source of US Dollar liquidity and credit, to deteriorate.
USA Government panics – implements desperate Responses
The United States, grappling with civil unrest and economic turmoil, implements extensive social and financial programs in a desperate attempt to restore stability. These measures include a moratorium and debt jubilee for personal loans, tax exemptions for a substantial portion of the population, and the rollout of a Federal, Universal Basic Income to support the unemployed, homeless, and lower-income segments.
Event Level EL-3: Systemic Failure of the Global Fiat Currency System
Two “Reset & Replace” Financial Systems Are Introduced
In our exploration of the global financial landscape through this comprehensive roadmap, we’ve ventured deep into the heart of a crisis that has been brewing for some time.
From the challenges faced by the BRICS Alliance as they strive to insulate themselves from currency volatility while remaining deeply intertwined with the West, to the evaporation of US dollar liquidity and the grinding halt of global credit markets, we’ve witnessed the initial stages of this crisis unfold. The collapse of Japan’s yen and the turmoil within the Eurozone have underscored the vulnerabilities inherent in the current financial system.
Yet, as one chapter closes, another begins. In our forthcoming article, we will delve into the prospect of a complete financial system reset. This reset will not be a mere adjustment or temporary fix; it promises to introduce a radically new financial system structure on a global scale.
We will explore the alternatives that are being proposed and the mechanisms through which this transformation may take place. The global financial order is at a crossroads, and the path forward is uncertain.
Our journey through the intricacies of the crisis thus far has prepared us to understand the forces at play in this momentous transition. Stay tuned for our next article, where we will unravel the details of this impending financial reset and the implications it holds for economies, institutions, and individuals worldwide.
The Global Elitist financial system Reset
- In this scenario, widespread participation in Federal Debt forgiveness (Jubilee) and Universal Basic Income (UBI) programs led to the consent of all participants to be registered on a digital, blockchain-based Unified Ledger System (ULS).
- While the term “CBDC” (Central Bank Digital Currency) is avoided due to its negative connotations, the US Dollar effectively becomes a CBDC through the ULS.
- This digital US Dollar is distinct from the previous Fiat Dollar as it’s backed by carbon credits, now considered an asset.
- However, this transformation comes at the cost of sacrificing financial freedoms and privacy, deemed necessary to address global economic devastation.
- Despite its implementation, there’s a recognition that this reset might be short-lived.
OUR GLOBAL CURRENCY RESET | THE RV/GCR
- Within Our RV/GCR Scenario, several key developments emerge.
- The success of the BRICS asset-backed common currency demonstrates the viability and unique benefits of such a monetary system.
- Strong demand for the creation of an asset-backed currency system echos throughout the populations of North America and Europe .
- To bolster this new currency reset, a substantial reserve of off-ledger gold, previously held in utmost secrecy, is mobilized and deployed as collateral to back the new financial system.
- Under a renewed spirit of global cooperation, previously suppressed sovereign currencies are revalued on a level playing field and previous fiat currency debts are invalidated.
- Historical bonds are concurrently honored and redeemed, marking a significant shift in global financial equality and the initiation of large-scale humanitarian and economic projects.
Stay tuned! RV/GCR Roadmap Events detailing the two financial Reset and Replace scenarios are coming soon…
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