Dr. John Henrik Clarke

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Dictator President William Ruto and his Western backers have crumbled under the pressure.
#rutomustgo

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In Collective West media, the violence taking place in Haiti is being reported as the symptom of a failed state. This is wrong. Haiti hs been the "laboratory of neo-colonialism" since at least 1915, and this is continuing today. At the moment, the Haitians are again revolting and striving to shake off the yoke of European and American oppressors. Listen to the explanations of Professor D. Jemima Pierre who gives the full (hi)story of Haiti's current struggle.

Dr. Jemima Pierre is a professor at the Social Justice Institute at the University of British Colombia in Vancouver. She is the author of „The Predicament of Blackness: Postcolonial Ghana and the Politics of Race“ Her next book that she is working on currently will be called „Natives, Ethnics, and True Negroes: A Counter-History of Anthropology.“

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#islam #muslim #quran

The gospels, comprising the first four books of the Christian New Testament, serve as the primary source of information about the life of Jesus. Their reliability is often attributed to the assumption that they were written by eyewitnesses.

But, who actually wrote the gospels, and how do we know? Let’s find out together…

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Worldwide adoption of China's currency, the renminbi (RMB), is gaining steam as the de-dollarization push takes hold across the non-G7 countries.

Two macro factors are accelerating the growth of the RMB in place of the US dollar as the preferred currency for trading and settlements. The economic sanctions against Russia, which froze and then seized billions of dollars of Russian USD reserves held in custody in Western banks, are forcing countries and companies to de-risk by moving their reserves from SWIFT-associated financial institutions. Another crucial factor is the high US interest rates, which are sucking in hundreds of billions of dollars from global accounts to feed huge and growing fiscal deficits.

High US government borrowing causes USD to be drained from the global system. Ironically, this causes USD to gain in value outside the US, while feeding inflation and reducing the dollar's strength inside the country.

Simply by moving its USD and Euro reserves from US and European banks to Chinese-based institutions, Chinese banks enjoy the best of all worlds: they receive billions of USD and Euro every day through trading surpluses, and can then lend those foreign currencies and create assets and economic activity on their own balance sheets. Analysis of Chinese banking and lending data confirm explosive growth in Chinese lending abroad, in both RMB and USD.

Resources and links:

Inside China Business, China isn't dumping dollars. They're dumping banks, and setting up a new financial system.
https://www.youtube.com/watch?v=DnzuR-kog-w

National Debt of the United States
https://en.wikipedia.org/wiki/....National_debt_of_the

SCMP, Global use of China’s yuan up sharply, beating pound and yen on internationalisation index
https://www.scmp.com/economy/e....conomic-indicators/a

The renminbi overtakes the euro as a trade settlement currency as its use in global trade finance accelerates
https://asiahouse.org/research...._posts/the-renminbi-

Bloomberg, The Yuan Is Finally Showing Some Muscle in International Trade
https://www.bloomberg.com/opin....ion/articles/2023-12

Third time lucky? China’s push to internationalise the renminbi
tps://www.bruegel.org/policy-brief/t....hird-time-lucky-chin

Closing scene, Guilin, Guangxi province

Despite high tariffs against Chinese-built products, the United States imported record volumes of manufactured goods from China in July.

Policymakers in the United States, along with governments in friendly countries and those in North America, expected that after years of high tariffs and sanctions, that supply chain managers would be moving supply chains out of China, and bring them home.

The opposite happened, and imports from China are not merely larger than ever, but are accelerating relative to countries most friendly to the United States.

Resources and links:

Descartes, July 2024 U.S. Container Imports Break 2.5M TEUs
https://www.descartes.com/reso....urces/knowledge-cent

US volumes break 2.5 million TEU mark in July; Imports from China set record high
https://container-news.com/us-....volumes-break-2-5-mi

Reform & Opening-up｜How was the world-class port of Qingdao made?
https://www.ourchinastory.com/en/11148/Reform&Opening-up

Top 20 North American ports
https://www.ajot.com/premium/a....jot-top-20-north-ame

Infographic, Top 10 busiest container ports in 2023
https://twitter.com/_ValiantPa....nda_/status/18182284

New Tariff Policy Amplifies the United States’ Efforts To Bolster Nearshoring Strategy
https://www.swlaw.com/publicat....ion/new-tariff-polic

Definitions and applications of Reshoring, Nearshoring, and Friendshoring
https://www.aatcc.org/aatccnews_2024_01a/

Closing scene, Qingdao Container Port, Shandong

Great African Kings Part 2
Kmt History
African History
#charlessfinch
www.charlessfinch.com

Poet, Fire Angelou, shares a poem on Black unity and collective work entitled: No Organ In The Body Believed That It Can Work AloneTo see more of her work follow her at @fireangelou

#thenewblackmind
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