The Eurasian Economic Union (EAEU) and China will develop a draft of an independent international monetary and financial system
Russian Link ( use Google Translate)
Looks like Bretton Woods is dead…There’s going to be a new Commodities backed Currency in Eurasia / China . Brilliant Move
https://kapital.kz/finance/103768/yeaes-i-knr-razrabotayut-proyekt-mezhdunarodnoy-finsistemy.html
This ties in with Luongo’s piece last week. (ditching inside money for outside money)
Basically, everyone knows the problem.
Everyone recognizes the direction to go for answers.
Now lets figure out a way to allow everyone to maneuver, in particular in a way that gives the US some political cover as it sheds this role. We “sanction” Russia for moves it makes in retaliation for a war on its border the US started in 2014. And then one day, poof, the dollar can’t compete against the CA-CRB-petrogold-rubleyuan.
Armstrong has long set the date for 2032. He might be late. Or that may be the internal civil split. Certainly another major (undefined) ECM date.
The King is dead. Long live the king.