by James Corbett In case you hadn't heard yet, the Trump administration has gone full mask-off with its Make Empire Great Again agenda. In addition to bombing Iran at the behest of Bibi and denouncing his own voter base for caring about the Epstein case, Trump has also just announced his plan to provide Ukraine with billions of dollars worth of weaponry to continue their war against Russia! For those keeping track at home, that's the very war he promised to end on day one of his new administration! Yes, it may seem like a lifetime ago that the fluoride-addled erstwhile "liberals" were draping themselves in the Ukrainian flag and pretending to care about the democratic government [sic] in Kiev. . . . Uh, I mean, "Kyiv." And it may be increasingly difficult to remember those bygone days of yore when the MAGA cheerleaders who are celebrating Trump's decision to send weapons and aid to Ukraine were denouncing Biden and the neolib warmongers for sending weapons and aid to Ukraine. But just because the NPCs of the left/right charade have updated their programming and turned their attention elsewhere, it doesn't mean that the Russia/Ukraine conflict has gone away. In fact, that conflict is escalating by the day. While the war in Ukraine may not seem like a big thing to the average bricklayer in Cincinnati or the average steelworker in Hamilton (or the average podcaster in Japan), it is. In fact, what is happening right now between Russia and Ukraine doesn't just have consequences for the region. And it doesn't just have consequences for the world. It has consequences for the future of warfare itself. Don't believe me? Let's take a look. THE STRIKE THAT CHANGED EVERYTHING
On June 1, 2025, Ukrainian forces launched a coordinated strike on five separate Russian air bases. Dubbed "Operation Spiderweb," it was the broadest assault by Ukraine on Russia since the conflict between the two countries began in February 2022. Even apart from the scope of the attack, however, it was unlike any operation we've seen before. No, the Ukrainians did not launch a conventional bombing raid on these air bases. Their air force certainly wouldn't be capable of such a strike. And no, they didn't launch their ATACMS—the US-supplied "Army Tactical Missile Systems" capable of striking targets 300 kilometres away—on those Russian bases. Ukraine's supply of those cherished ballistic missiles ran out in March. Instead, they used ordinary commercial drones to carry out the attack. Specifically, on June 1st, 117 Ukrainian-made Osa quadcopters—each carrying 3.2 kilograms of explosives—descended on five geographically disparate Russian air bases: Belaya, Dyagilevo, Ivanovo Severny, Olenya and Ukrainka. The drones targeted Russian aircraft parked at those bases, including some of Russia's strategic nuclear-capable bombers, and detonated their payload upon impact, causing significant damage. And the results of this barrage? Did the Ukrainians manage to hit 41 strategic bombers? 20? 13? 34% of the bombers stationed at the bases? Precisely how many Tu-95MSs and Tu-160s and Su-34s were damaged? Precisely how many were destroyed? Who knows! As is so often the case with these types of wartime operations, reports differ wildly as to how much damage the attack inflicted. But in this case, tallying up the exact figures misses the point. The point is that the mere fact that Ukraine was able to successfully pull off an attack like this and inflict any damage whatsoever in itself changes the nature of warfare moving forward. Why? Because, although the attack was an intricate affair 18 months in the planning, the actual operation itself is within the capability of any nation-state actor on earth. That operation involved hiding 117 drones in secret compartments built into pre-fabricated mobile homes . . .
. . . and then loading those mobile homes onto trucks and using unwitting Russian truck drivers to drive those drones from Chelyabinsk, 150 kilometres north of the Russia–Kazakhstan border, to the vicinity of the targeted air bases.
The Ukrainians then unleashed the drones—which were piloted remotely by Ukrainian operators "dialing in" to the drones using local mobile networks—to wreak havoc on their targets.
The raid reportedly caused USD$7 billion worth of damage and wiped out a third of Russia's strategic bombers. And how much did this significant battlefield success cost the Ukrainians? About $250,000. Yes, for the price of 117 slightly modified but essentially off-the-shelf $2,000 drones, Ukraine scored not only a blow against Russia's air force but, perhaps more significantly, showed that they are capable of striking deep in Russian territory in a way that is almost impossible to detect or defend against. In other words, as the Center for Strategic & International Studies puts it, this incredibly cheap and devilishly effective attack has "redefined asymmetric warfare."
Make no mistake: we are witnessing a revolution in warfare. THE DRONE WAR INTENSIFIES
Operation Spiderweb may have been the definitive proof-of-concept for the next stage of drone-driven asymmetric warfare, but the use of drones on the battlefield—and, increasingly, in towns and cities far from the "front lines"—is not a new development. Both Ukraine and Russia have been increasingly relying on drones to strike deep into each other's territory, and spectacular attacks with these unmanned fighting vehicles are now taking place on a daily basis. Just last week, reports began to emerge that Russia has unveiled a "new tactic" in their war against Ukraine: swarms of drones "flying at different altitudes, and attacking from all directions" in order to confuse Ukrainian forces and bypass their air defences. A recent air assault on Kyiv was cited as an example. Russia set 400 drones on the Ukrainian capital from every direction to confuse and preoccupy Ukraine's air defence, thus enabling 20 of its ballistic and cruise missiles to slip through. This new strategy follows on reports that Russia has started unleashing its drone forces on Ukraine's draft offices in an attempt to undermine Ukraine's military recruitment efforts.
And, just a few days ago, Russia's daily drone onslaught on Ukraine culminated in its largest drone attack to date. The targets were the key infrastructure of four Ukrainian cities, including Zelensky's hometown of Kryvyi Rih.
Ukraine, in turn, is making the most of its own drone fleet. Back in May, Ukraine launched a psychologically impactful drone attack on the Kremlin, with dramatic footage of the attack being broadcast around the world. (Although it totally wasn't Ukraine that did it, guys!)
Earlier this month, Ukraine reportedly conducted successful drone strikes on Russian fighter jet and missile factories. Two days ago, Ukraine launched one of the largest drone attacks of the war, with the Russian Defence Ministry claiming to have shot down 143 Ukrainian drones in the Moscow region in a single night.
Zelensky is now openly salivating at the prospect of a "mega deal" with Trump that would allow him to swap out Ukraine's humble drone arsenal for more advanced American military drones. And, in yet another sign that the drone war is an increasingly important part of the broader war between the two countries, earlier this week Ukrainian hackers were crowing about one of their biggest successes to date: the destruction of "the entire network and server infrastructure of Gaskar Group," a key suppliers of drones for the Russian military. Yes, whether the wider world knows it or not, the Drone Wars are not coming . . . they're already here. And, as terrifying as that is, it gets even worse! You see, it's not just Ukraine and Russia who are loading up on these flying killing machines. The Drone Wars Are EverywherePerhaps the clearest indication of the fact that the "future" of drone warfare has already arrived is the latest ridiculous propaganda video from the US Department of Defense. The video features Trump's Secretary of Defense, Pete Hegseth, signing a memo to expand military use of cheap drones amidst . . . well, you just have to see it for yourself.  The video is as stupid and intelligence-insulting as everything that Uncle Sam's propaganda machine spews out, but it does reflect a new reality: namely, that no modern military can compete today without a steady supply of drones. Just ask the Palestinians. A report published in +972 Magazine earlier this month details how Israel is equipping cheap Chinese photography drones with hand grenades to enforce evacuations against Palestinians—including unarmed and defenceless civilians—from the parts of Gaza that the Israelis have designated as "kill zones."
Or ask the Iraqis. For weeks they have been under an increasing barrage of drone attacks targeting their nation's radar and air defences. The source of the attacks is still unclear, although the Iraqi army is now claiming they were all launched from inside the country and were all of the same type, "indicating that a single actor was behind the entire campaign." Or ask the troops of the Indian separatist group in Myanmar that was just drone-bombed by the Indian army. Or the Lebanese, who are dying in drone strikes by Israel designed (we are told) to kill Hezbollah members. Or the residents in other countries around the world where drones have been used in offensive operations or where armed groups are currently stockpiling drones for use in future operations. It's obvious by now that drones are a critical part of the future of warfare. It's also obvious that that "future" is now. But, even more ominously, the opportunities for low-cost, high-reward military operations that drone warfare offers might make war a more enticing option for countries who would otherwise deem the cost of military action too high. PREVIEW OF WWIIIThe fact that drones enable spectacular military actions like Operation Spiderweb—operations that can do massive damage with minimal expenditure—naturally make them attractive to military planners and ensure that unmanned aerial vehicles are now an essential part of any modern military's arsenal. But what makes them even more useful is that—as the Russians are demonstrating with their new drone swarm tactic—they are extremely difficult to defend against and they are capable of causing enemies to deplete their expensive and difficult-to-produce anti-aircraft arsenal. For those who need it spelled out, these traits mean that drones are drawing the world closer to an all-out, global hot war scenario. Why? It's not rocket science. At some point, the "CRINKs" will conclude that the cost of launching "Operation Spiderweb"-like attacks on their Western foes will be low enough to be worthwhile. And, if they all attack at once, they will be able to overwhelm the US. Imagine China invading Taiwan, North Korea bombing South Korea, Russia rolling tanks on Kiev and Iran laying siege to Tel Aviv—all simultaneously. That's not only an increasing possibility in this age of low-cost, low-effort drone warfare, it's also the definition of WWIII: a number of interconnected conflicts, each of which effects the conflicts elsewhere on the global battlefield. This isn't some vague notion of a speculative potential threat far off in the nebulous future. We are told, for example, that both China and Taiwan are already "watching and learning" from the Ukraine/Russia conflict and, with modern drone technology in mind, are adjusting their respective plans for China's potential invasion of Taiwan. Of course, my knowledgeable readers will know by now that the comic book version of global geopolitics, in which the big bad Russkies and the evil Chicoms are plotting and scheming against the virtuous NATO forces and the noble Israelis, is a lie. In reality, the WWIII conflict that is coming into view will be as ultimately stage-managed and manipulated from behind the scenes as the World Wars that came before it. Yes, as I've discussed before, the WWIII scenario that is coming into view will be a largely phoney struggle between opposition forces controlled by the same globalist oligarchs. But the slaughter and bloodshed that comes with it will be very real. And what better tool for sowing confusion and spreading panic could the globalists puppeteering this conflict ask for than unmanned (and potentially autonomous) aerial vehicles? Imagine swarms of drones appearing out of nowhere, inflicting mass casualties then flying away. Who was controlling them? Where did they come from? Where will they appear next? Who knows! But be afraid! This is the nightmare vision that I was writing about in "The Drone Wars: You Are Not Prepared." And it's the vision that has only become more likely in the six months since I penned that editorial. But hey, on the lighter side, you've got the "funny" internet-spawned Lego set parody of the whole Operation Spiderweb drone war nightmare.
At least that's something, I guess. Like this type of essay? Then you’ll love The Corbett Report Subscriber newsletter, which contains my weekly editorial as well as recommended reading, viewing and listening. If you’re a Corbett Report member, you can sign in to corbettreport.com and read the newsletter today. Not a member yet? Sign up today to access the newsletter and support this work. Are you already a member and don’t know how to sign in to the website? Contact me HERE and I’ll be happy to help you get logged in! ------------------------------------- Reflexão de MANUEL BANET: Por mais totalitário que se torne o Ocidente, ele nunca poderá evitar as realidades da economia. Os produtores de bens situam-se hoje (em grande parte) no Sul Global. Não apenas manufaturam objetos simples, como também as máquinas mais sofisticadas (satélites, supercomputadores, telemóveis 5 e 6G, aviões e armas inovadoras, etc) e que - muitas vezes - superam as fabricadas no Ocidente. Os imperialistas, com a raiva de perderem a hegemonia sobre os países produtores de matérias-primas, que foram no passado suas colónias ou neo-colónias, lançam deliberadamente o mundo numa «guerra a quente» depois de nos terem servido uma guerra híbrida ou guerra-fria nº2, durante mais de uma década. Por outro lado, os povos de países outrora explorados em África, e também na América Latina e na Ásia, têm agora plena consciência da importância estratégica das matérias-primas que exportam para o Norte. Não vai ser possível submetê-los a todos, para extrair tais mercadorias por baixo preço e amarrando-os a contratos intitucionalizando a extorção (políticas de neocolonialismo, neoliberalismo e imperialismo). Creio que os políticos mais militaristas do Ocidente estão enganados quanto à capacidade dos seus países sustentarem em simultâneo uma guerra total contra os gigantes (também militares) que são a Rússia, a China e seus aliados. Mas, o sistema de governança ocidental tem-se tornado tão anti-democrático que silencia mesmo as vozes de dentro deste sistema, que criticam os rumos tomados aos níveis militares e outros. Verifica-se que tais críticas, mesmo as muito sensatas e moderadas, são ignoradas ou até perseguidas. É um pouco como no COVID: toda a propaganda e manipulação psicológica do público não poderá impedir os factos. Estes factos são muito pesados: Trata-se das capacidades militares e industriais dos países que eles designam como «inimigos». A Terceira Guerra Mundial em curso poderá intensificar-se e generalizar-se. Isso poderá precipitar o fim da civilização, como a conhecemos. Mas, também poderá haver um recuo das elites dos países do Norte, perante o absurdo duma guerra mundial sem possibilidade de ser vencida. Em vez disso, muitos deles irão querer agarrar as oportunidades proporcionadas pelas trocas mutuamente vantajosas, que poderão manter com outros países e outros blocos. Como capitalistas, estarão atentos às possibilidades de maximizarem os seus investimentos e obterem maior retorno dos capitais investidos. Além disso, para eles, será mais fácil conservar deste modo o «status quo» interno em países da OTAN, ou tradicionalmente alinhados com esta aliança político-militar. |
domingo, 20 de julho de 2025
CRÓNICA (nº46) DA IIIª GUERRA MUNDIAL James Corbett sobre a guerra mundial dos drones.
sexta-feira, 17 de fevereiro de 2023
GUERRA NUCLEAR, COLAPSO DA DÍVIDA & ESGOTAMENTO DA ENERGIA
QUAL DOS TRÊS IRÁ ACABAR COM O MUNDO, TAL COMO O CONHECEMOS?
https://goldswitzerland.com/will-nuclear-war-debt-collapse-or-energy-depletion-finish-the-world/
Veja o artigo abaixo, escrito por Egon von Greyerz, alguém com um profundo conhecimento dos mercados e que tem um grande realismo. Ele não esconde o seu pessimismo, pois, de facto, a paisagem político-económica global é muito escura!
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WILL NUCLEAR WAR, DEBT COLLAPSE OR ENERGY DEPLETION FINISH THE WORLD?
Fragility has probably never been greater in history. Just three words encapsulate the destiny of the world.
The THREE words are: WAR, DEBT, ENERGY
A FOURTH word will financially save the ones who understand its significance. It will also play a major role in the world’s future monetary system. The word is obviously GOLD. As the world moves from a fragile debt based Western system to a commodity and energy based system in the East and South, gold will assume a strategic role in the monetary system.
WAR – WWIII
War is obviously a potentially catastrophic threat since the sheer existence of the world and mankind is now at maximum risk. Wars are horrible whoever starts them. Since the beginning of mankind there have probably been over 100,000 important wars and conflicts.
Wars are horrible whoever starts them. Most wars end in major fatalities and injuries and a massive human and financial cost. And at the end of the war, the situation is often worse than when it started, like in for example Afghanistan, Vietnam, Iraq and Libya which countries the US invaded unprovoked. The same will most probably be the case in Ukraine.
There are always two sides to a war. I learnt many years ago that before we judge someone, we must walk three moon laps in his moccasins.
So let us first walk in Putin’s moccasins.
The whole West hates Russia and have personalised it to Putin. Few realise that many of the people behind Putin are extreme hardliners and much more dangerous. Historically, Ukraine (like many European countries) has had a motley existence. Since the late 1700s to 1991 Ukraine was part of Russia / Soviet Union with a brief interruption after the Bolshevik revolution in 1917.
After the Maidan Revolution in Ukraine in 2014, the Minsk agreement brokered by Germany and France stipulated that parts of the Donbas region should be granted self-government. There should also be a ceasefire and withdrawal of heavy weapons by the Ukrainians. The Minsk agreement was never honoured and Ukraine continued to kill over 20,000 Russians in the region and to bomb the Donbas. As the bombing intensified in early February 2022, (allegedly at the insistence of the US), Russia invaded Ukraine on February 24, 2022.
So the above is how Russia and Putin sees the Ukrainian situation.
Wearing America’s moccasins, the US Neocons are extremely worried about losing the US hegemony. Since WWII, the US has basically failed with every war they have been involved in. But in their view, if they fail in the present conflict, that will be the end of US dominance both politically and financially.
Ukraine is clearly just a pawn in a much bigger game between the two titans – USA and Russia.
I watched Zelensky’s latest speech live to UK parliamentarians where he was begging for planes, weapons and money. This is obviously the role of a defending leader although he is clearly sacrificing hi people.
But wars are really really bizarre. Clapping every sentence that Zelensky uttered about the evil Russian invaders were around 1,000 politicians whose British ancestors, over a 400 year period, had invaded, conquered and ruled over 400 million people and 25% of the world’s landmass including major parts of Asia, Australia, Africa, Middle East and America. But today the shoe is on the other foot.
Politicians are masters at throwing stones whilst sitting in glass houses.
But wars are always about CONSEQUENCES. It is clearat this pointthat the West is sadly ignoring the potential consequences of this war as they keep sending money and weapons but no peace makers. The US has no desire for peace at this stage and Europe just follows blindly whatever the US initiates without thinking of the consequences which both economically and militarily are much graver for Europe.
Zelensky has asked for tanks and is getting them. He is now asking for planes which the NATO countries are also considering. There are not yet any NATO troops in Ukraine officially but it is clear that there are many NATO soldiers there without the official uniforms. An Austrian colonel confirms that if a NATO solider takes off his uniform, he is a mercenary and this seems how NATO sends troops to Ukraine unofficially. Also the Mozart group led by a retired US Marine Corps Colonel acts in Ukraine as mercenaries.
So what is clear that there are not only NATO weapons in Ukraine but also soldiers. This by definition is as close to WWIII as the world can get.
It seems very unlikely that Russia will lose this war with their military superiority. Even with major additional help from NATO, Ukraine is unlikely to stand a chance.
If NATO decides to escalate the war with major troops and equipment, not only Russia will respond strongly but possibly also China and maybe India and Korea.
But there are clearly only losers in a nuclear war.
If that happens, major parts of the world and population will be gone and we won’t have to worry about deficits and debts or stocks and gold.
Let’s hope that world leaders and the ones pulling their strings come to their senses.
DEBT BUBBLE
According to Genesis in the Bible, Nimrod (grandson of Noah) built the Tower of Babel. The Babylonians desire was to make it “with its top in the heavens”. But god punished them for this deed, stopped the construction and scattered the people all around the world. Before that point spoke the same language but thereafter they all spoke different languages so they couldn’t understand each other.
Since then Central Bankers have built themselves towers or structures which haven’t quite reached heaven but both their aspirations and the money they have printed probably have.
What will pull these buildings down will probably not be the wrath of god but the wrath of the people as they realise that these monuments are a sign of bankers’ hubris based on fake money. And this fake money has not just built grandiose buildings like the Bank of International Settlement – BIS – tower in Babel Basel or the Eccles building that houses the FED in Washington.
No, fake money has also built astounding wealth for the top few percent of wealthy people and impoverished the rest.
The French Revolution in the late 18th century or the Russian Revolution in 1917 were caused by significantly smaller differences between the rich and the poor than today.
The poverty & famine which many people in the world are already experiencing will in coming years/decades likely cause social unrest and revolutions on a major scale. In the last quarter, civil unrest rose in over 100 countries and more than 30 countries are currently at war. A collapse of the financial system which is less stable than a House of Cards will obviously exacerbate the situation and could easily cause major upheaval in many parts of the world.
GLOBAL DEBT BUBBLE OF $2.3 QUADRILLION
As I have outlined in many articles, these towers mentioned above have been instrumental in creating a global debt bubble of $300 trillion plus derivatives and unfunded liabilities of around $2 quadrillion, most of which will turn into debt in the next decade or less.
So even if the world can avoid a major nuclear war, it is likely to suffer massive repercussions from the financial calamity coming next.
As Gandhi said:
“THERE IS SUFFICIENCY IN THE WORLD FOR
MAN’S NEED BUT NOT FOR HIS GREED.”
To create $2.3 quadrillion of global liabilities has nothing to do with man’s need but only with the greed of a few at the expense of mankind.
When the nuclear financial bubble bursts in the next few years, we will see an implosion of asset prices in real terms by 75-90% as I have outlined in many articles like here. LINK
In my article “IN THE END THE $ GOES TO ZERO AND THE US DEFAULTS” , LINK, I also explain that “there is no means of avoiding the final collapse of a boom brought about by credit expansion” as von Mises stated.
So even if the world survives the threat of a nuclear war, a collapse of the financial system is absolutely inevitable. The greed and the adoration of the golden calf that some parts of the world have practised in the last 50 years, will not go unpunished.
This major transformation coming will be like a financial nuclear event. After a difficult transition, the world will not only come out of it with a much sounder foundation but also based on much better human values than currently.
OIL – ENERGY
As the world moves from a debt based and fake money system to a much sounder one, resting on real values, especially energy and other commodities, the balance of power will continuously shift from West to East and South.
I outlined in this article, the decline of the West and the rise of the BRICS (Brazil, Russia, India, China and South Africa), the Shanghai Cooperation Organisation and the Eurasia Economic Union.
The final move down of the dollar is likely to involve a US default even though the US hubris will prevent them from using that word. It will instead be called a reset but the whole world will know that this disorderly reset will involve the US currency having lost all of its value.
The Fed will obviously invent a new digital currency that the rest of the world should not touch with a barge pole. Remember that the dollar, like most currencies, has already lost 98% since 1971. But the final 2% fall represents a 100% fall from today.
Throughout history the same total destruction has happened to every currency. Hubristic governments and central bankers clearly deserve this punishment. But sadly it is always the undeserved people who will suffer the most.
ENERGY
Another major economic crisis for the world is the contracting energy system.
The world economy is driven by energy. Without sufficient energy the living standards would decline dramatically. Currently fossil fuels account for 83% of the world’s energy. The heavy dependence on fossil fuels is unlikely to change in the next few decades.
The scale shows billion tonnes of oil equivalent energy.
As the graph shows, the energy derived from fossil fuels has declined for the last few years. This trend will accelerate over the next 20+ years as the availability of fossil fuels decline and the cost increases. The economic cost of producing energy has gone up 5X since 1980.
What very few people realise is that the world’s prosperity does not improve with more debt but with more and cheaper energy.
But sadly as the graph above shows, energy production is going to decline for at least 20 years.
Less energy means lower prosperity for the world. And remember that this is in addition to a major decline in prosperity due to the implosion of the financial system and asset values.
The graph above shows that energy from fossil fuels will decline by 18% between 2021 and 2040. But although Wind & Solar will proportionally increase, it will in no way compensate for the fall in fossil fuels. For renewable energy to make up the difference, it would need to increase by 900% with an investment exceeding $100 trillion. This is highly unlikely since the production of Wind & Solar are heavily dependent on fossil fuels.
Another major problem is that there is no efficient method for storing Renewable energy.
Let’s just take the example of getting enough energy from batteries. The world’s largest battery factory is the Tesla Giga factory. The annual total output from this factory would produce 3 minutes of the annual US electricity demand. Even with 1,000 years of battery production, the batteries from this factory would produce only 2 days of US electricity demand.
So batteries will most probably not be a viable source of energy for decades especially since they need fossil fuels to be produced and charged.
Nuclear energy is the best available option today. But the time and cost of producing nuclear means that it will not be a viable alternative for decades. Also, many countries have stopped nuclear energy for political reasons. The graph above shows that nuclear and hydro will only increase very marginally in the next 20 years.
Of course the world wants to achieve cleaner and more efficient energy. But today we don’t have the means to produce this energy in quantity from anything but fossil fuels.
So stopping or reducing the production of fossil fuels, which is the desire of many politicians and climate activists, is guaranteed to substantially exacerbate the decline of the world economy.
We might get cleaner air but many would have to enjoy it in caves with little food or other necessities and conveniences that we have today.
So what is clear is that the world is not prepared for even the best scenario energy case which entails a major decline in the standard to living in the next 20-30 years at least.
GOLD
Digital currencies are the perfect means for controlling the people in a totalitarian world. It gives Big Brother total power in relation to the people’s money. They can be taxed, fined or directed by any whim of the government. This would include arbitrary taxation or confiscation.
Thus CBDCs (Central Bank Digital Currencies) are a total disaster in relation to personal freedom. But in many countries the serfs have already been trained for this. Take Sweden where cash hardly exists and credit cards are used for all spending, even buying a newspaper or a loaf of bread. Most shops don’t even accept cash.
Thus the placid Swedes would happily hand over control over their money to the government, totally oblivious of the consequences.
As a lover of freedom, I would hate to live under such circumstances even though I was born in Sweden and really like many aspects of this country.
The people will not have a vote on digital money in any country just like they have no say when their leaders start a war. Personally I would do everything to avoid such oppressive circumstances but I do realise that it would be difficult for most people.
With the coming fall of the dollar and many other currencies, as well as the end of the petrodollar, gold is likely to play a major role in the monetary system dominated by the East and South.
With government spending out of control in most countries, gold is the only currency you can trust just as it has been for 1,000s of years.
The BRICS, with China, Russia and India as major gold countries, are likely to make gold an important part of the future monetary system.
Gold is not for investment or speculation.
Gold is insurance and wealth preservation.
Gold is saving and financial survival.
2023 is likely to be the year of gold. Both fundamentally and technically gold looks like it will make major up moves this year. Any correction must be used to accumulate. Much better to buy low than on breakouts.
But please buy only physical gold and store it in a safe jurisdiction away from kleptocratic governments.