– Turkey Declares Curfew In Latest Wartime Escalation, Lira In Record Plunge On More Government Turmoil (ZeroHedge, Aug 18, 2015):
In what looks like the latest escalation in a string of wartime crackdowns, Turkey has declared a curfew for citizens of Lice, a district of Diyarbakir province. As Bloomberg reports, “citizens are prohibited from going out on streets from 9pm tonight until 7am on Tuesday.” Additionally, “the Governor of Diyarbakir [has] declared ‘special security zones’ in Silvan, Lice, Kulp and Dicle,” citing the PKK “terror” threat.
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I said here: “We Have A Civil War”: Inside Turkey’s Descent Into Political, Social, And Economic Chaos:
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Here is what is said about Turkey: “Turkey will explode!” … under Erdogan.
The author says that that civil war will break out in Turkey following a terror attack that will kill 3000.
It gets worse, … “The civil war will be worse than in Syria.”
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All these countries that have dumped the dollar in favor of electronic currencies are feeling the revenge………
The revenge will come to naught……..Technology has rendered the need for any world reserve currency obsolete.
Just read up on the Sucre, it started in VZ in Spring of 2010. Hugo Chavez was the head of the South American Trade Alliance (12 small nations including Cuba) and he introduced the Sucre, the first electronic currency to the world. For the first time, member nations could trade directly with each without first converting to the dollar. They could use their own currency, the Sucre translated the value of each nation’s currency at the time of transaction, making the need for any world reserve currency irrelevant.
Russia and China watched carefully, seeing the success of the Sucre, adopted an identical system in November of 2010 between each other. Then, China went on to recruit much of the world, Turkey, India, Thailand, Brazil, much of South and Central America, Canada, Australia, and others. So many of those nations are now suffering currency and/or political upheaval. Hard to believe some of it isn’t related.
The Sucre was the beginning of the end of the dollar’s world dominance. More of the world will adopt electronic systems because they are faster and more efficient……There is no way to stuff that genie back into the bottle……Technology has won again.
I find it interesting nothing has been said about this declining value of the dollar in world markets. Kerry said last week if congress didn’t pass the Iran agreement, the US might lose world reserve currency status…….Odd he would bring it up with the Iran deal……..It has been going on for five years.