🔴 War on Global South: BRICS' mBridge to be Shut Down by Western Allies to Save the US Dollar

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[Music] hi everyone welcome to world affairs in context please take a second now to follow the podcast on alternative media channels as always you will find them Linked In the description below there’s a very good saying fool me once shame on you fool me twice shame on me and that still holds true today when we apply it to the relations between the west and Russia and China as the bricks Plus blog just issued its joint declaration which I wrote about extensively over on my substack indicating that its core priorities are to accelerate the development of its alternative blockchainbased Financial system and to decrease foreign exchange reserves held in US Dollars and their central banks the United States started to panic so much so that project embd may be shut down very soon State Department spokesman V and Patel even said something that I’m still trying to wrap my head around I will be honest with you he said that developing alternative Financial systems is a direct threat I’m quoting him he said it is a direct threat to democracy in the entire world I’m not making this up take a look the development of an alternative to the Swift system and the undermining of the Dollar’s role threatened democracy say such steps are often accompanied by the strengthening of authoritarian regimes uh as a result the the international norms and values that underpin the Democratic order will be undermined creating more room for anti-democratic actions by autocracies so um the USA of course can’t let that happen so that was a sign that something was about to happen and it did it did the Central Bank of all Global central banks that mysterious entity the bank for international settlements an entity that oversees the development of emage is now reportedly planning to end to shut down the project because it really doesn’t like that it could be used as a tool to facilitate non-dollar denominated settlements the bank for international settlements is located in basil in Switzerland Switzerland used to be a neutral country but we see more frequently now more frequent indications that it has in fact just foreign minister of Russia Sergey lavro said Switzerland has abandoned neutrality the bank for international settlements made this announcement after the IMF and the World Bank discussed project Ambridge during the week of October the 21st that was the same week that bricks plus Summit took place so it is an interesting coincidence but the IMF and the World Bank discussed project embridge and it turns out that they really didn’t like it and they made a decision to shut it down I have several videos with the details on embridge if you’re not too familiar what it means but very quickly embridge is developed as the foundation for an alternative Financial system it does not allow US dollar denominated payments which is why now the United States and the collective West are panicking it development started through the bis the bank for International settlements Innovation Hub by China Hong Kong Thailand and the UAE Saudi Arabia recently joined as well Ambridge was designed to facilitate bricks plus payment system now it looks like it may be a noo after all here is a related article stating the bank for international settlements debates ending project eyed by Putin to undermine dollar there are so many wrong things thinks with that verbiage with that title first of all the United States policy itself undermine the United States dollar it is not a secret anymore it’s biggest and the most important asset of course that enabled the country to become a Hony no one else did no one else undermined it it’s the United States policy makers that weaponized it so much that other countries have no option but to seek Alternatives in order to preserve their political and economic sovereignty the second thing to point out is how Bloomberg uses Putin as the sole beneficiary of multipolarity and multicurrency of course they conveniently ommit the fact that the global majority would benefit since trading in a basket of local currencies would boost their developing economies and that is precisely why this project is being supported by so many countries across the globe the report says the bank for international settlements is debating whether to shut down a pilot crossborder payments platform after Russia’s President Vladimir Putin identified the underlying technology as a tool to circumvent sanctions and to potentially undermine the Dollar’s dominance in the Global Financial system we have to ask here who will benefit from this move who will benefit from shutting down a platform a blockchainbased platform that would enable the entire Global majority to develop their economies I have the answer for you our good old friend the bis general manager with whom you already met on my channel Augustin Carston shared some insights you may remember Carston from a notorious video that I’ve shared with you before in which he says that cbdcs will be used for government control for government surveillance of uh citizens and of of people in general a key difference in with the cbdc is that Central Bank will have absolute control on the rules and regulations that will determine the use of that expression of Central Bank liability and also we will have the technology to enforce that those are those two issues are extreme L important and that makes a huge difference with respect to what to what cash is so Carston’s reportedly stated that all of a sudden the bis quote cannot directly support any project for the bricks because we cannot operate with countries that are sanctioned so to me this is a very clear indication that project Ambridge was possibly a trap I don’t know this for a fact of course but this is just a sense that I’m getting sanctions of course on Russia have been in place since 2014 with extended economic cotion and restrictions applied in 2022 through today so why did the bis work with the bricks plus block with the brics countries then if it couldn’t work with sanctioned countries it seems to me that they may have just bought time until project Ambridge was nearly complete to shut it down at the end that is my quiet cynical I would admit quiet cynical but that is my take on this now you’re going to love this portion of Bloomberg’s article this is why we have to be very very careful when reading mainstream media it is literally soaked with propaganda and presentations that seek to make you believe that the world has to be divided into US versus them that the West has to be always in search of new monsters take a look adding to the concerns of Western policy makers is the fact that China supplied the platform’s key technological backbone according to one senior policy maker allowing China to have the upper hand in the development of such a delicate project was a mistake other officials confirmed the discussions highlighting the importance of choosing carefully which nations are allowed to lead changes to the Global Financial Plumbing so clearly the West is allowed to lead and the global majority is supposed to um just stay as it is effectively exploited and under sanctioned embridge by Design does not allow US dollar denominated settlements as you know why does the West believe that it must have the upper hand that it must have a say in the development of a platform that by Design would be used by the global majority that would benefit the global majority and the global economy clearly it is the exceptionalism and the neoc colonial worldview that allow for such a well-known media Outlet such as Bloomberg to publish this poorly worded and poorly researched piece to misrepresent what a multicurrency financial settlement system truly stands for but that’s not all to close of this video here’s the senior policy fellow at the European Council of Foreign Relations her name is agathi demare and I hope that I pronounce her name correctly um so here’s the senior fellow at the European Council of Foreign Relations telling you what the shutdown of Ambridge is all about take a look in the long run she says there’s no doubt that mechanisms like bricks Bridge could be used for China Russia or others to hide sensitive transactions from Western authorities a person who is in the field of Foreign Relations is unlikely to say something like this because for one Western authorities have no say absolutely none no say in what other Sovereign Nations choose to do where and with whom they choose to transact so she appears to be clearly um intentionally I would say manipulating public opinion that is my best guess guess my worst guess is that she might be truly that she might truly believe what she says in which case well you have to wonder about competence it does appear that project andridge may be shut down at this time without a doubt it would pose an obstacle for the global majority in its pursuit to create a just Financial system that would help them use local currencies and boost their Economic Development however China and Russia as well as bricks plus partners are well positioned to overcome this obstacle they are this would be nothing but a small setback as China Russia and India already have their own alternative Financial systems as well as the UAE that they use within their own borders for trade settlements and of course that system could be expanded and built upon in the future let me know what your thoughts are on the shutdown of Ambridge Below in my opinion would only accelerate the move away from the dollar and it would only encourage the global majority to seek Alternatives I would love to hear from you as always thank you for watching thanks for joining me remember to show your support it goes a long way like subscribe and share and for more content make sure that you check out my alternative social media channels as always you will find them Linked In the description below I hope to see you there as well enjoy the rest of your day don’t forget to leave me a comment let me know what your thoughts are on on this topic and I will see you back here tomorrow bye for now [Music]

Truly Right View: Advocating for Free Speech in the Age of Political Censorship

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In a world where political discourse is dominated by big tech, cable news, and social media influencers, free speech is constantly under threat. From censorship of conservative viewpoints to the silencing of dissent on controversial issues, we are witnessing an alarming trend of restrictions on the most fundamental rights of any citizen in our Constitutional Republic: the right to speak freely.

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Social Media and Cable News: Platforms or Gatekeepers?

Social media was once hailed as the bastion of free speech. It allowed ordinary individuals to share their thoughts, advocate for causes, and hold the powerful accountable. However, over the years, major platforms like Twitter (now X), Facebook, and YouTube have become gatekeepers rather than facilitators of free expression.

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Social Media Influencers: Fighters for Freedom or Puppets of Censorship?

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The Dangers of Socialism, Communism, and Fascism: A Threat to Free Speech

At the heart of socialism, communism, and fascism lies a common tactic—control over speech. These ideologies have historically sought to suppress dissent, limit expression, and create a monolithic narrative that favors those in power.

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The Truly Right View: Defending Freedom in the Digital Age

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🔴 War on Global South: BRICS’ mBridge to be Shut Down by Western Allies to Save the US Dollar

Truly Right View: Advocating for Free Speech in the Age of Political Censorship

Introduction: What is Free Speech Today?

The Constitutional Perspective: Why Free Speech is Non-Negotiable

Social Media and Cable News: Platforms or Gatekeepers?

Social Media Influencers: Fighters for Freedom or Puppets of Censorship?

The Dangers of Socialism, Communism, and Fascism: A Threat to Free Speech

The Truly Right View: Defending Freedom in the Digital Age

Join the Fight: Sign Up for Our Channel and Newsletter

Will You Speak Up or Stay Silent?

Number of cancer diagnoses are up in America; what can be done?

Free Speech, No More Censorship: A Declaration of Freedom for Americans

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