Once bank failures start to spread across China the cultural, political, and business fault lines will rupture and the Communist Party of China (CPC) will tear itself apart as the vying factions fight one another for power. Under such a scenario the assets owned by the PLA and others outside of China may very well be frozen or confiscated by governments around the world, like America, in order to create leverage over the PLA and ensure that Chinese weapons systems and nuclear missiles remain protected and secure. The PLA can also be leveraged to turn its focus and scope inward to ensure that the revolution doesn’t become too violent and that any transition in power would be somewhat orderly and fast.
Under Trump, America is pushing strategically against Russia in Eastern Europe, against China on multiple fronts, both economically and militarily, and against Iran on all strategic fronts. This isn't to keep the dying USD framework alive, but to ensure America still has economic independence and shared military supremacy when the full monetary realignment takes place. Not having the USD as the global reserve currency and being able to use the SWIFT international payments system as leverage over nations which won't agree with America on trade and economic terms will require something to replace it which can ensure security in the future.
For, as Man was fallen, so shall he ascend back to the place from whence he came. But this return from the wilderness cannot be accomplished without following the universal law as encoded within the educational existence which Man now finds himself. These laws exist and playout in our individual lives whether we acknowledge them or not. Ignoring them will subject us to multiple lifetimes of mental, emotional, spiritual, and physical suffering. With each new life, we bring forth that which was previously learned, though we may not be aware of that. How do you know something? Where did thought of knowing come from? Where have you met that person before? Why did you make one choice over another? All our echoes of that which came before.
No one wanted to be wrong at a time when no one knew how to be right. All existed in that place which was once called purgatory but has since been named enlightenment. It was a space which encompassed two worlds which were more evolving together than colliding. While one could be lost in the hellish catacombs of the subconscious, another, two steps away from the first, could be transcending the world of light and dark to reside in the translucent plane which exists just beyond. This space contains the origins of all as well as the seed of one
The Scalable World and Our XRP Future
The egg is the program for the chicken.
All rivers of truth and longing bleed back into the one endless sea. Bleeding rivers came from the creative genius of Nina Simone and as the river bleeds its run back to the sea we magically become the desire of all rivers. Music is magic and Sinnerman stands as one of the greatest of the great works while providing a light in the stumbling darkness of mans pleading ignorance.
Three nights ago Marianne and I sat in the local arena watching a Cirque du Soleil show called Crystal. It was an amazing blend of atmospheric wonderment and an enchanting search for the person within each one of us. As with all mystery plays, there were multiple stories taking place simultaneously. The surface story was recognized by all but the deeper the viewers understanding of the esoteric, the deeper the meaning and layers the viewer could discover within both themselves and the mystery playing out on the stage in front of them.
It became clear during the financial crisis of 2008 that the central bank model of providing liquidity for global growth was coming to an end. This followed on earlier financial and monetary events, such as the Asian currency crisis of 1997, which provided indications of a fundamental and structural problem with the global monetary system.
While some pundits, analysts, and policymakers across the political and economic spheres have been unable to follow the logic behind such a conclusion, the facts and trends are undeniable. The Bank of Amsterdam was the world's first central bank and was established in 1603. This bank represented the preeminence of the Dutch Empire and was followed with the establishment of the Bank of England, the world's second central bank, which in turn represented the emergence of the British Empire and expansion of the East India Trading Company around the world.
The East India Trading Company was instrumental in both spreading and enforcing the use of the British pound in all the regions of the world which it established business relationships and trade deals. A modern comparison would be perhaps found in OPEC, which regulated global energy trade and production while ensuring trade arrangements were balanced in USD. The history of such companies being aligned with the interests of its origin nation and the corresponding banking, business, and trade needs is widespread throughout the last 400 years. Such relationships spanned empires and borders as one after another central bank was established in the nations of the world.
Throughout 2018 the Philosophy of Metrics (POM) Community evolved and became something which can exist with or without me. This ragtag group of random individuals began coming together back in January of 2014. At first, everything was focused around the articles I would write as the group bantered about the subject material and started introducing their own research and supporting evidence.
Since then it feels like the POM Community has surpassed the limitations of one person and has broken free to become a truly independent and powerful source of shared wisdom and shared experiences of self-reflection and evolution. POM will have to continue long after I’m gone because the seeds we have planted together have only just begun to take root. It’s the understanding of where we have been, where we are now, and where we will be tomorrow. Our very own Dickens tale set in an online Victorian technological and philosophical era of anonymous suffering and loneliness.
Another milestone in 2018 was the growth of the XRP Community. The digital asset XRP is on a course to greatness and there appears to be little that can stop it at this point. Those that have been following the events throughout the year understand what I am referencing. The light bulb cannot be uninvented. This community was very welcoming to me and my abstract and sometimes challenging interpretation of XRP and the Ripple strategy, which is building software solutions upon the XRP ledger.
JC Collins It was the feeling of needing to do something which I had already done at some point in the future but because I wasn’t there yet I still needed to do it. Its force drew me forth towards an inevitable outcome. I was as much a victim to ... Read More
It’s always been interesting to me that a worldwide movement called Anonymous was built from the script of a Hollywood movie. V for Vendetta and its use of the Guy Fawkes mask has symbolized the resistance to a corrupt and power-hungry elite for years now. Masks are some of the most powerful symbols used by humans and the Anonymous mask is no different. (Reference the last line of my article titled The Geopolitics of XRP - “No more masks”.)