The Old Pretender: Is this all Coming to a Head in July?
6-29-2025
If something big is scheduled to come out of the BRICS summit next week, it will be a lot harder for the west and western MSM to focus blame on Russia and China, without Putin or Xi attending in person.
CGTN Africa: Nigerian President Bola Tinubu will depart Abuja on Saturday for a state visit to Saint Lucia, before proceeding to Brazil where he will attend the 17th BRICS Summit in Rio de Janeiro from July 6-7.
This is interesting: “Although the summit formally begins on July 6, key encounters among central bank heads and finance ministers will already be taking place on July 4 and 5”.
https://en.mercopress.com/2025/06/24/july-7-becomes-holiday-in-rio-due-to-brics-event
And I find it potentially interesting that the Fed has organised a big US banking conference for July 22 (soon after the BRICS summit), at which Basel III implementation will be discussed, once the outcome of the BRICS summit is both known and analysed.
With Trump saying yesterday that the US government will not issue any debt beyond 9 months, is this all coming to a head in July?
Luke Groman: I used to think that; after the last 5 yrs I think they’ll be back in 6-12 mths begging to buy duration at <4% after inflation and gold reval have recapped US balance sheet to <50% debt/GDP
Source(s): https://x.com/Dioclet54046121/status/1938891523568898261
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Question: “Will there be a time limit to exchange? Will the CBI allow us to see $4.81?” I believe there will be a time frame but it’ll be way down the road and yeah, $4.81 is where they want to cap it. You’ll see it because it’s going to be happening at that time. You’ll see it as it floats…
Walkingstick [Iraqi Bank friend Aki update] AKI: Three meetings. The last meeting lasted two hours. My boss tells me, ‘I need you back at the bank [In Dearborn Michigan] this Monday because we are waiting on the new exchange rate.‘ I have to go back because we’re waiting for the new rate. WALKINGSTICK: That’s the only thing they’re waiting for. They already got all the banking software in place, ATM machines, the bank structures, all the bank regulations are set…
Militia Man One of the things that is a component of a reinstatement revaluation is low inflation. It’s a sign for the IMF, World Bank, everybody that they maintain stable inflation and reduce it consistently is a very good sign that they’re ready for an adjustment. It doesn’t mean they will do it, it just means they have a key component.
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FRANK25…6-28-25….ALOHA….HCL AND MORE…
https://www.youtube-nocookie.com/embed/yEX9cbyYKag?feature=oembed&enablejsapi=1
Trillions in Compounding Interest: The Debt Spiral You Can’t Ignore
Lynette Zang: 6-28-2025
The U.S. government’s debt has hit a breaking point. With soaring interest payments and spending outpacing revenue, the financial system is cracking.
In this video, Lynette explains how compounding debt, rising rates, and failed monetary policy signal a structural bond shift
https://www.youtube-nocookie.com/embed/QlsvFl7F9Oc?feature=oembed&enablejsapi=1
