Russia has recently threatened to cut gas supplies to Europe if the euro area customers do not buy their gas in rubles. Sanctions have backfired.

https://www.rethinkingthedollar.com/how-russia-tries-to-avoid-sanctions/

The signing of Executive Order 6102 on April 5, 1933, by President Franklin D. Roosevelt was the  initiation of creating a cashless society for the American people.

The government launched in 2020 an application called Diia that includes identity cards, passports, permits, vaccination records, registrations, insurance, health reimbursements, social benefits, and more.

The dollar’s value versus gold has been falling for more than a decade now. Now, even as the Fed moves to tighten the credit spigot a bit, other monetary powers are pivoting to gold.

The Federal Reserve is delivering a negative 6 percent real (inflation-adjusted) return on trillions of dollars in savings. This is effectively expropriating American savers’ nest eggs at the rate of 6 percent a year.

Recent history is punctuated with a lot of not-so-great economic “greats” from the Great Depression to the Great Recession. Now we have a new one: When historians look back on the decisions made beginning in March 2020 and still going strong, this period will be remembered as the “Great Consolidation”—the acceleration of a historic wealth transfer and power concentration out of the hands of the middle class and into those with political power and connections.

“Robbery is defined as taking away of goods or property by force or intimidation.”

If the US defaults on its mountain of debt the damage to the dollar would lead to higher borrowing cost followed by a global meltdown. 

There are many factors that show us that consumers and salaries are being eaten away by inflation, leading to an abrupt halt in the recovery.

Evergrande is much more than a “Chinese Lehman”. The total assets on the brink of bankruptcy outnumber the entire subprime bubble of the USA.