hem_day Profile picture
Jan 26 9 tweets 3 min read
🇧🇷⚡️Lula da Silva proposes a common currency, both for Latin America and the BRICS.

Its currency would either be inspired by the Euro, therefore integrated into the US-controlled SWIFT system, or a digital currency.
1/9
#lula #luladasilva #brics #dollar #swift #ukrainewar
However, for this digital currency to be independent of the USA, it is necessary to create its entire infrastructure. This is not the case. Brazil relies more and more on the USDT, linked to the dollar.
2/9
China, Russia and Iran plan to develop a common currency strictly independent of the dollar and the USA. Lula's project is seen as an attempt to prevent this independence.
3/9
US actions to maintain control over the global financial system can be roughly divided into two areas:
4/9
Control of the territory of the "golden billion" (the rich countries) by the forced use of the dollar to pay for the resources that the United States provides as a monopoly to Europe and the developed countries.
5/9
The purchase of these resources and the “modernization” of the energy infrastructures will naturally be done in dollars (total dependence of the rich countries on the USA, through energy and monetary tools).
6/9
At the same time, establishment of control over Third World countries through the destruction of local financial systems and the transfer of payments to “substitute” systems such as USDT, for lack of alternatives.
7/9
In the case of the “golden billion,” the backing of the $ is US military power & technology.

In the case of 3rd World countries, the collateral for USDT & other digital dollar proxies are toxic assets sadly waiting to be traded on the balance sheets of the largest US banks.
8/9
So: whose interests is Lula defending?
9/9

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More from @hem_day

Jan 29
🇵🇰⚡️ 39 people died in a serious bus accident in southwestern Pakistan. The bus fell from a bridge and caught fire.
1/4
#pakistan #accident #busaccident #balochistan #baloch
The accident occurred in the mountainous province of Balochistan. The bus driver is believed to have lost control due to high speed and hit a bridge pillar before crashing from the bridge.
2/4
There were 48 people on the bus, 39 were counted dead and 4 were rescued and taken to the hospital but are in critical condition. The death toll is expected to rise.
3/4
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Jan 29
🇲🇪⚡️In Montenegro, an attempt was made to create a database of citizens who participated in the conflicts of the 1990s in order to bring them to justice.
1/5
#montenegro #yugoslavia #warcrimes #europeanunion #justice
However, this effort was unsuccessful because other countries of the former Yugoslavia did not provide requested information.
2/5
The Montenegrin prosecutor's office had approved a strategy for investigating war crimes in May 2015 and began collecting information on veterans of Yugoslav wars a couple of years ago.
3/5
Read 5 tweets
Jan 29
🇷🇺⚡️Oleg Morozov, a member of the State Duma in Russia, said that statements about confrontation between NATO and Russia could lead to a nuclear collapse.
1/4
#russia #ukrainewar #nato #ukraine #nuclearwar Image
He added that this type of rhetoric would not change the goal of a special operation and called the statement by Admiral Rob Bauer, the chairman of NATO's military committee, "monstrous."
2/4
Earlier, the chairman of NATO's military committee, Admiral Rob Bauer, noted that the alliance is ready for a direct confrontation with Russia.
3/4
Read 4 tweets
Jan 29
🇰🇵⚡️The DPRK Foreign Ministry warned the US with consequences for spreading rumors about an alleged arms deal with Russia.
1/4
#northkorea #usa #ukrainewar #russia Image
They believe that Washington is trying to justify its own arms sales to Ukraine by spreading false information about the arms trade between Russia and North Korea.
2/4
The Director of the Department of US Affairs at the Ministry of Foreign Affairs of the Republic also noted that if the US had not pushed for NATO expansion to the East, infringing on Russia's security interests, the current situation in Ukraine would not exist.
3/4
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Jan 29
🇺🇸⚡️US Treasury Secretary Janet Yellen warned that a default in the US could lead to devastating consequences and a complete catastrophe in the economy.
1/6
#debt #usa #ukrainewar #inflation #debtceiling #default #economy #finance #dollar #ustreasury #janetyellen #bonds #fed Image
She said that government spending would need to be cut to match tax revenues and that the spending of the population would also be reduced, leading to psychological consequences and further control of spending.
2/6
Yellen also stressed that it is the responsibility of US President Joe Biden and the leadership of Congress to find a way out of the situation and raise the national debt ceiling.
3/6
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Jan 29
🇩🇪🇷🇺⚡️ Providing weapons & financial aid to Ukraine, makes Scholz's statement that Germany is not participating in the war technically (i.e. legally) correct but de facto completely consistent. Is hiding behind legal fictions a long-term solution?
1/9
#ukrainewar #ukraine #scholz Image
Russia has generally better weapons than Ukraine and is fighting an existential #war. Providing increasingly lethal #weapons to Ukraine would not be consistent with Scholz's stated goal of not escalating the situation.
2/9
It should be seen as a futile effort to change the military balance in favor of Ukraine and could ultimately lead to a more violent and destructive conflict with #Russia.
3/9
Read 8 tweets

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