The Growing Cyber Pandemic Crisis Combined with De-Dollarization Spells Pending U.S. Emergency
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In a recent interview on Brannon Howse Live, Brannon and Rebecca Walser discussed the alarming rise of cyber attacks and their potential to cause a crisis larger than the COVID-19 pandemic. With the recent cyber attacks on various US government agencies and the Western financial system, concerns over the vulnerability of our banking system and the push towards central bank digital currencies were brought to light. This article delves into the interview and explores the implications of cyber attacks on the economy, the role of gold as a safe-haven asset, and the potential de-dollarization of the global economy.
Klaus Schwab, the founder of the World Economic Forum, had warned about a cyber pandemic crisis that could surpass the disruptions caused by COVID-19. The recent cyber attacks on US federal agencies and the financial system, allegedly orchestrated by Russian-affiliated hackers, further validate these concerns. Both Brannon and Rebecca warned that these cyberattacks could actually be a false flag orchestrated by America’s CIA in order to use the chaos to further their global goals including that of the military industrial complex.
The Need for Backup Systems:
As society increasingly relies on electronic systems and digital transactions, the vulnerability to cyber attacks becomes more apparent. The interview emphasized the importance of having backup systems in place, such as cash, to mitigate the impact of a cyber attack. The idea of transitioning to a fully electronic system, including central bank digital currencies, raises concerns about the lack of contingency plans if the system were to fail. Cash provides a tangible backup for emergencies when electronic transactions are unavailable.
Gold as a Safe-Haven Asset:
The discussion also touched upon the recent recommendation by BlackRock, a prominent investment firm, for investors to consider allocating a portion of their portfolios to gold. This recommendation aligns with the performance of gold as a reliable safe-haven asset during times of economic uncertainty. Rebecca Walser explained that BlackRock's acknowledgment of gold's value is a result of increasing pressure to address the performance and attractiveness of this asset class. However, it is important to note that BlackRock's suggestion may still downplay the significance of gold to prevent a mass exodus from equities and fixed income.
The Hawkish Stance on Interest Rates:
The interview turned its focus to the Federal Reserve's stance on interest rates. Despite recent speculation about a potential pause, the Fed's surprisingly hawkish position was discussed. The possibility of two more interest rate hikes by the end of the year, including a potentially rapid increase in July, indicates concerns over the economic outlook. This hawkish approach may serve as a last attempt to raise rates before an anticipated economic downturn.
De-Dollarization and a Multi-Polar World Order:
The conversation also delved into the concept of de-dollarization and the changing dynamics of the global economy. Janet Yellen's June 2023 statement, admitting the coming end of the U.S. dollar's reserve currency status. The conversation turned to the recent meetings between Saudi Arabia and countries like China and Russia, which suggest a growing multi-polar world order. If Saudi Arabia aligns itself with the BRICS system as led by China and Russia, it could accelerate the de-dollarization process and diminish the role of the US dollar as the world's reserve currency.
This article is sponsored as a public service of the Worldview Weekend Foundation. Thank you for your contribution to www.wvwfoundation.com so we can continue to offer this FREE service.
You can also send your contribution to:
Worldview Weekend Foundation
P.O. Box 1690
Collierville, TN 38027
Click here and visit www.wvwtvstore.com to order emergency, freeze-dried food that will last 25 years and vital emergency supplies or call 901-468-9357.
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