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Money, Money, Money - Its always about the money!


Some economists (but not all economists) believe that the USD and the US economy is losing its integrity and may ultimately collapse.
https://www.businessinsider.com.au/dollar-crash-swelling-deficit-deglobalization-stephen-roach-coronavirus-stimulus-recession-2020-6?r=US&IR=T
https://www.bloomberg.com/opinion/articles/2020-06-14/dollar-crash-how-will-it-unfold
https://www.investopedia.com/articles/forex-currencies/091416/what-would-it-take-us-dollar-collapse.asp
https://www.nytimes.com/2020/06/06/upshot/coronavirus-economic-crisis.html
https://www.ft.com/content/d5f05b5c-7db8-11ea-8fdb-7ec06edeef84
https://markets.businessinsider.com/news/stocks/dollar-crash-swelling-deficit-deglobalization-stephen-roach-coronavirus-stimulus-recession-2020-6-1029312845?op=1
https://medium.com/@baileybarney/will-the-us-dollar-collapse-23e707f19da0

Question: If accurate, what would replace the USD as the global reserve currency?
Answer: The IMF is ready with a replacement global reserve currency called SDR's!

  1. https://www.imf.org/external/pubs/ft/fandd/2019/12/future-of-the-IMF-special-drawing-right-SDR-Ocampo.htm
" In this brave new world, is it time to rethink the SDR’s role?" (Ocampo)"The IMF should not pass up this opportunity" (Ocampo)
  1. https://www.project-syndicate.org/commentary/imf-special-drawing-right-global-currency-by-jose-antonio-ocampo-2019-04?barrier=accesspaylog
3.https://www.google.com/amp/s/amp.theguardian.com/business/2017/ap24/imf-populism-nationalism-sdr-reserve-currency
4.https://www.imf.org/en/About/Factsheets/Sheets/2016/08/01/14/51/Special-Drawing-Right-SDR
5.https://www.theigc.org/project/the-viability-of-the-special-drawing-rights-as-an-international-reserve-asset/
6.https://www.google.com/amp/s/www.livemint.com/news/india/consensus-remains-elusive-among-g20-countries-on-fresh-sdr-allocation/amp-11595160202040.html
7.https://www.google.com/amp/s/amp.ft.com/content/43a67e06-bbeb-4bea-8939-bc29ca785b0e
8.https://www.nytimes.com/2010/02/27/business/27imf.html
9.https://www.economist.com/finance-and-economics/1998/09/24/one-world-one-money
10.https://www.google.com/amp/s/www.cityam.com/world-reserve-currencies-is-the-us-dollars-days-numbered/amp/
11.https://www.eastasiaforum.org/2019/09/22/the-dollar-shouldnt-be-the-reserve-currency-but-neither-should-the-renminbi/

Will CBDC's be created at the same time as the SDR's? Will exchange rates of CBDC's be anchored to Quotas? Is the IMF a fund or potentially more like a Central Bank for the World? How did the IMF come about?
Central Bank Digital Coins - CBDC's
https://www.imf.org/en/Publications/Staff-Discussion-Notes/Issues/2018/11/13/Casting-Light-on-Central-Bank-Digital-Currencies-46233

2.https://www.imf.org/en/News/Articles/2019/05/13/sp051419-stablecoins-central-bank-digital-currencies-and-cross-border-payments
https://www.google.com/amp/s/techwireasia.com/amp/2020/03/central-banks-are-keen-on-digital-currencies-the-imf-is-backing-them/
3.
https://m.economictimes.com/markets/stocks/news/central-banks-wake-up-to-digital-currency-create-new-framework-with-wef/articleshow/73554517.cms
4.
https://www.forbes.com/sites/pawelkuskowski/2020/06/07/central-bank-digital-currencies-cbdc-a-crisis-recovery-tool-for-governments/5.
https://www.weforum.org/press/2020/01/central-banks-waking-up-to-digital-currency-create-new-framework-for-cbdc-deployment-with-world-economic-forum-177ca5d9ee/6.
https://www.theblockcrypto.com/linked/41243/imf-officials-say-synthetic-cbdc-with-a-public-private-partnership-is-the-better-option7.
https://blockchain.news/insight/private-firms-can-boost-innovation-of-central-bank-digital-currencysays-imf-8.
https://coinidol.com/official-promote-digital-currency/9.
https://bitcoinexchangeguide.com/top-imf-official-calls-for-synthetic-central-bank-digital-currencies-cbdc-development/10
  1. England:https://www.bloomberg.com/amp/news/articles/2020-07-13/bank-of-england-debating-digital-currency-creation-bailey-says
  2. USA:https://www.forbes.com/sites/jasonbrett/2020/03/23/new-coronavirus-stimulus-bill-introduces-digital-dollar-and-digital-dollar-wallets/amp/
https://www.google.com/amp/s/www.wsj.com/amp/articles/fed-digital-dollars-are-part-of-debate-over-coronavirus-stimulus-11585085518
  1. Australiahttps://www.businessinsider.com.au/the-rba-has-been-secretly-working-on-an-all-digital-version-of-the-australian-dollar-but-it-may-not-release-it-to-the-public-at-all-2020-1
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/
  1. Canadahttps://www.ledgerinsights.com/canada-exploring-consumer-cbdc/
  2. Swedenhttps://www.google.com/amp/s/cointelegraph.com/news/sweden-is-testing-its-new-central-bank-digital-currency/amp
  3. Norwayhttps://www.norges-bank.no/en/news-events/news-publications/News-items/2019/2019-06-27-cbdc/
  4. European Unionhttps://www.google.com/amp/s/finance.yahoo.com/amphtml/news/dutch-central-bank-wants-european-191627776.html
  5. Singaporehttps://chainbulletin.com/singapore-ready-to-explore-cbdc-together-with-china/amp/
  6. New Zealand:https://investmentnews.co.nz/investment-news/digital-central-bank-money-tipped-for-world-dominance/
  7. Chinahttps://www.ledgerinsights.com/china-central-bank-digital-currency-cbdc-renminbi-dolla

SideNote:

The World Economic Forum is planning a major event for January of 2021 that will focus on the "Great Reset" and the "4th Industrial Revolution".
https://www.weforum.org/great-reset/
https://www.weforum.org/agenda/2016/01/what-is-the-fourth-industrial-revolution/

Prince Charles wants to reset - Do you?
https://www.theguardian.com/uk-news/2020/jun/03/pandemic-is-chance-to-reset-global-economy-says-prince-charles

What are they gonna reset?

TL:DR
!. Potential collapse of the US dollar.
  1. Replaced by IMF SDR's
3.Complimented by new CBDC's
  1. How is this connection the WEF "Great Reset..
Its time to read, learn and share!

Edit = Added TL:DR
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[Banned] /r/worldnews/: With talks deadlocked, May says Irish backstop cannot derail Brexit talks

I was banned from /worldnews/. Here's what I would have said in response to this post:
Here are some other articles about this story:
I am a bot trying to encourage a balanced news diet.
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[Banned] /r/worldnews/: Turkey’s Erdogan claims US sanctions are a stab in the back

I was banned from /worldnews/. Here's what I would have said in response to this post:
When I first saw this article from cnbc.com, its title was:
Turkey's Erdogan claims US sanctions are a stab in the back
Here are some other articles about this story:
I am a bot trying to encourage a balanced news diet.
These are all of the articles I think are about this story. I do not select or sort articles based on any opinions or perceived biases, and neither I nor my creator advocate for or against any of these sources or articles. It is your responsibility to determine what is factually correct.
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[Banned] /r/worldnews/: Sinn Féin wants Northern Ireland vote in event of no-deal Brexit: “You could not countenance such damage and disruption to our island and imagine that we will simply be philosophical about it and move on” Mary Lou McDonald said

I was banned from /worldnews/. Here's what I would have said in response to this post:
When I first saw this article from theguardian.com, its title was:
Sinn Féin: we will demand referendum on Northern lreland in event of no-deal Brexit
Here are some other articles about this story:
I am a bot trying to encourage a balanced news diet.
These are all of the articles I think are about this story. I do not select or sort articles based on any opinions or perceived biases, and neither I nor my creator advocate for or against any of these sources or articles. It is your responsibility to determine what is factually correct.
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[Banned] /r/worldevents/: The Brexit fiasco -- It's been two years since Britons voted to leave the EU. Why don't they have the details worked out yet?

I was banned from /worldevents/. Here's what I would have said in response to this post:
When I first saw this article from theweek.com, its title was:
The Brexit fiasco
Here are some other articles about this story:
I am a bot trying to encourage a balanced news diet.
These are all of the articles I think are about this story. I do not select or sort articles based on any opinions or perceived biases, and neither I nor my creator advocate for or against any of these sources or articles. It is your responsibility to determine what is factually correct.
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[Banned] /r/worldnews/: Theresa May says Brexit deal still 'achievable' despite differences

I was banned from /worldnews/. Here's what I would have said in response to this post:
Here are some other articles about this story:
I am a bot trying to encourage a balanced news diet.
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[Banned] /r/politics/: Venezuela: How the most oil rich nation on earth was brought to the brink of collapse

I was banned from /politics/. Here's what I would have said in response to this post:
Here are some other articles about this story:
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[Banned] /r/politics/: With talks deadlocked, May says Irish backstop cannot derail Brexit talks

I was banned from /politics/. Here's what I would have said in response to this post:
Here are some other articles about this story:
I am a bot trying to encourage a balanced news diet.
These are all of the articles I think are about this story. I do not select or sort articles based on any opinions or perceived biases, and neither I nor my creator advocate for or against any of these sources or articles. It is your responsibility to determine what is factually correct.
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[Banned] /r/worldnews/: Turkish lira collapse continues, hits new record low as central bank takes steps to ease pain

I was banned from /worldnews/. Here's what I would have said in response to this post:
When I first saw this article from cnbc.com, its title was:
Turkey currency hits new record low
Here are some other articles about this story:
I am a bot trying to encourage a balanced news diet.
These are all of the articles I think are about this story. I do not select or sort articles based on any opinions or perceived biases, and neither I nor my creator advocate for or against any of these sources or articles. It is your responsibility to determine what is factually correct.
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[Banned] /r/worldnews/: Turkey's lira weakens more than 6 percent on threat of more U.S. sanctions

I was banned from /worldnews/. Here's what I would have said in response to this post:
When I first saw this article from reuters.com, its title was:
Turkey's lira weakens more than 6 percent on threat of more US sanctions
Here are some other articles about this story:
I am a bot trying to encourage a balanced news diet.
These are all of the articles I think are about this story. I do not select or sort articles based on any opinions or perceived biases, and neither I nor my creator advocate for or against any of these sources or articles. It is your responsibility to determine what is factually correct.
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[Banned] /r/worldnews/: The United States warned Turkey on Thursday to expect more economic sanctions unless it hands over detained American pastor Andrew Brunson, as relations between the two countries took a further turn for the worse.

I was banned from /worldnews/. Here's what I would have said in response to this post:
When I first saw this article from reuters.com, its title was:
US says more sanctions await if Turkey does not free pastor
Here are some other articles about this story:
I am a bot trying to encourage a balanced news diet.
These are all of the articles I think are about this story. I do not select or sort articles based on any opinions or perceived biases, and neither I nor my creator advocate for or against any of these sources or articles. It is your responsibility to determine what is factually correct.
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[Banned] /r/worldnews/: Turkey's lira falls 3 percent, Trump won't take pastor's detention 'sitting down'

I was banned from /worldnews/. Here's what I would have said in response to this post:
When I first saw this article from reuters.com, its title was:
Turkey's lira weakens 4 percent, Trump says won't take pastor's detention 'sitting down'
Here are some other articles about this story:
I am a bot trying to encourage a balanced news diet.
These are all of the articles I think are about this story. I do not select or sort articles based on any opinions or perceived biases, and neither I nor my creator advocate for or against any of these sources or articles. It is your responsibility to determine what is factually correct.
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[Banned] /r/worldnews/: Turkish lira falls 5% after US threatens more sanctions; European stocks drop after Turkish court rejects US pastor’s appeal for release

I was banned from /worldnews/. Here's what I would have said in response to this post:
When I first saw this article from theguardian.com, its title was:
Turkish lira volatile as US warns of more sanctions – business live
Here are some other articles about this story:
I am a bot trying to encourage a balanced news diet.
These are all of the articles I think are about this story. I do not select or sort articles based on any opinions or perceived biases, and neither I nor my creator advocate for or against any of these sources or articles. It is your responsibility to determine what is factually correct.
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[Banned] /r/news/: Turkey currency crisis

I was banned from /news/. Here's what I would have said in response to this post:
When I first saw this article from bbc.com, its title was:
Turkey takes action in bid to curb currency crisis
Here are some other articles about this story:
I am a bot trying to encourage a balanced news diet.
These are all of the articles I think are about this story. I do not select or sort articles based on any opinions or perceived biases, and neither I nor my creator advocate for or against any of these sources or articles. It is your responsibility to determine what is factually correct.
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[Banned] /r/Conservative/: Venezuela on edge as Maduro unveils raft of economic reforms

I was banned from /Conservative/. Here's what I would have said in response to this post:
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[Banned] /r/China/: Opinion: Worried About Turkey’s Economic Problems? China’s Could Be Worse

I was banned from /China/. Here's what I would have said in response to this post:
When I first saw this article from nytimes.com, its title was:
Opinion | Worried About Turkey’s Economic Problems? China’s Could Be Worse
Here are some other articles about this story:
I am a bot trying to encourage a balanced news diet.
These are all of the articles I think are about this story. I do not select or sort articles based on any opinions or perceived biases, and neither I nor my creator advocate for or against any of these sources or articles. It is your responsibility to determine what is factually correct.
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[Banned] /r/worldnews/: Turkish lira pulls back from record low, markets rattled

I was banned from /worldnews/. Here's what I would have said in response to this post:
Here are some other articles about this story:
I am a bot trying to encourage a balanced news diet.
These are all of the articles I think are about this story. I do not select or sort articles based on any opinions or perceived biases, and neither I nor my creator advocate for or against any of these sources or articles. It is your responsibility to determine what is factually correct.
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[Banned] /r/The_Donald/: Caliph Erdogan: US stabbing Turkey in the back

I was banned from /The_Donald/. Here's what I would have said in response to this post:
When I first saw this article from theguardian.com, its title was:
Turkey financial crisis: Contagion fears hit markets as central bank acts to support the lira – business live | Business
Here are some other articles about this story:
I am a bot trying to encourage a balanced news diet.
These are all of the articles I think are about this story. I do not select or sort articles based on any opinions or perceived biases, and neither I nor my creator advocate for or against any of these sources or articles. It is your responsibility to determine what is factually correct.
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[Banned] /r/SyrianCirclejerkWar/: “Turkey Needs to be Strong or IS Will Invade Greece”

I was banned from /SyrianCirclejerkWa. Here's what I would have said in response to this post:
When I first saw this article from businessinsider.com, its title was:
The reason Turkey's economic collapse is so scary is because Iran, Russia, and Syria are waiting in the wings
Here are some other articles about this story:
I am a bot trying to encourage a balanced news diet.
These are all of the articles I think are about this story. I do not select or sort articles based on any opinions or perceived biases, and neither I nor my creator advocate for or against any of these sources or articles. It is your responsibility to determine what is factually correct.
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[Banned] /r/worldnews/: China backs Turkey to overcome its economic crisis

I was banned from /worldnews/. Here's what I would have said in response to this post:
Here are some other articles about this story:
I am a bot trying to encourage a balanced news diet.
These are all of the articles I think are about this story. I do not select or sort articles based on any opinions or perceived biases, and neither I nor my creator advocate for or against any of these sources or articles. It is your responsibility to determine what is factually correct.
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[Banned] /r/worldnews/: Turkey accuses US of 'stab in the back'

I was banned from /worldnews/. Here's what I would have said in response to this post:
When I first saw this article from bbc.com, its title was:
Turkey takes action in bid to curb currency crisis
Here are some other articles about this story:
I am a bot trying to encourage a balanced news diet.
These are all of the articles I think are about this story. I do not select or sort articles based on any opinions or perceived biases, and neither I nor my creator advocate for or against any of these sources or articles. It is your responsibility to determine what is factually correct.
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[Banned] /r/worldnews/: Trump asks jailed pastor to be "patriot hostage" as U.S.-Turkey feud escalates

I was banned from /worldnews/. Here's what I would have said in response to this post:
When I first saw this article from cbsnews.com, its title was:
Turkey row escalates, Trump asks jailed Pastor Andrew Brunson to be "patriot hostage"
Here are some other articles about this story:
I am a bot trying to encourage a balanced news diet.
These are all of the articles I think are about this story. I do not select or sort articles based on any opinions or perceived biases, and neither I nor my creator advocate for or against any of these sources or articles. It is your responsibility to determine what is factually correct.
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