By Gary H. Kah
Does it seem to you that America has become a strange land where common sense and the decency that once prevailed have been lost? If you feel out of place – a stranger in your own country – you are not alone. Hundreds of people I’ve spoken or corresponded with over the past twelve months have expressed their disbelief over the rapidity of America’s decline. It’s as if we are in a free fall and about to hit bottom. Financially, politically, culturally, and spiritually, we are coming undone as a nation. Americans as a whole have abandoned the Judeo-Christian foundation that made us a bastion of freedom and prosperity in favor of a godless, immoral, self-serving socialist state where what was once good is now considered to be evil.
The fact is almost every power center of our federal government is now under the control of a godless majority dedicated to the cause of global government. With the exception of a few Supreme Court Justices and some conservative members of the House of Representatives, our country is being run by internationalist forces who despise Christians and see us as the enemy standing in the way of their utopian one-world vision. At its core, theirs is a Luciferic-driven deception that will only lead to further lawlessness, enslavement and death – albeit in the name of democracy and the pursuit of world peace!
Over the past few decades well-meaning, but generally myopic Americans have complacently “gone with the flow,” not taking a serious stand, and naïvely trusting their leaders who repeatedly promised “Everything will be okay; we are Americans; our best days are still ahead.” Meanwhile, globalists gradually gained a foothold and eventually became the majority in Washington. Today, our nation’s capital is a cesspool of political corruption and depravity. Our Justice Department, the FBI, CIA, NSA, State Department, Dept. of Education, Health and Human Services, and even our Dept. of Defense – along with other Cabinet-level agencies – have been overrun by sordid globalists loyal to an anti-Christian agenda. Their worldview is currently winning out, especially in our nation’s largest cities where they have the strongest presence.
A case in point: Washington DC itself. Are you aware that 95 percent of Washingtonians voted left-wing Democrat in the last election? Imagine, as a Christian, living in a city where 19 out of every 20 people that you walk by voted for Joe Biden and his anti-Christian Party Platform. DC can be a very lonely place for those holding to a Christian worldview! Yet this is where our nation’s laws and policies are formed and enforced. This leftist government stronghold is running our nation.
Many of these ultra-liberal bureaucrats have held their positions for more than 30 years. How can tens of thousands of entrenched “progressive” government workers (dubbed the “Deep State”) be removed from power? The only way to do so would be for a newly elected President to shut down every federal department, and then to build a much smaller government composed only of men and women who will uphold our US Constitution, defend our national sovereignty, and not work to silence the voice of Christians. The possibility of this happening, realistically, is very slim.
The fact is we stopped being a true republic a long time ago. Today, career criminals go free without punishment, while freedom-loving people who defend our nation’s most important values are ostracized and even jailed. All of the congressional investigations and evidence of lies, deception, and corruption – from the Russia collusion hoax to the Bidens’ foreign quid pro quo dealings – yet no one has been prosecuted. Not one person has gone to jail or been seriously punished for their extreme actions and criminal behavior. Meanwhile, former President Trump and his family are being relentlessly pursued and persecuted by these same corrupt and degenerate personages.
People ask, “How do we fight back? What can we do, realistically, to turn things around and take back our country?” Politically speaking, there is a very low probability of things significantly changing at the federal level. If the powers that be sense that they might lose the next election, they may create a crisis, declare martial law, and bring the house down before then. These people are perverse, with no moral compass. To them the end justifies the means. They will do whatever it takes to retain control.
As a result of this bleak scenario, I personally believe that the best shot we have of keeping some of our freedoms is for states to resist the growing federal tyranny by refusing to comply with WHO health mandates, the imposition of ridiculous energy restrictions in the name of climate change, and the soon to be revealed Digital IDs (that they will attempt to force on every US citizen in order to introduce the new digital currency system). If enough states band together and say “enough is enough” there is a chance that some states could become safe havens. However, this would require a tremendous amount of courage and fortitude by these states’ governors, attornies general, sheriffs, and legislators to buck the tide and hold fast. States such as Florida, Texas, Tennessee, South Dakota and Arkansas would have to take the lead and hope that several other states would follow. The leaders of most states unfortunately do not have the moral backbone to take such bold action. Discerning citizens, seeing the handwriting on the wall, have been moving out of states governed by left-wing globalists to states with a more common sense, pro America, pro Christian leadership.
Such moves should be made prayerfully and circumspectly, in obedience to the Lord’s specific leading. There is still a window of opportunity to make such moves, but it may abruptly close in the months ahead. Barring divine intervention – a genuine miracle of God – our nation could become virtually unrecognizable by the end of 2025, with many major changes looming just around the corner.
As you know, over the years I have refrained from setting dates because of the God factor. However, it is helpful to know what our adversary has planned so that we are prepared and can effectively stand against his deceptions as they are hurled our way. So here are some of the far-reaching changes that we know are being planned, along with the proposed timeline.
Weaponizing Climate Change
Numerous high-level meetings will be taking place between now and the end of 2024 regarding the global implementation of the radical climate agenda. We will briefly review three of the most important ones here. By the time you read this the first of these summits will have just concluded. But here are some of the details surrounding this meeting to be held at the United Nations.
1) The official UN webpage dedicated to the event states:
The 2023 SDG Summit will take place on 18-19 September 2023 in New York. It will mark the beginning of a new phase of accelerated progress towards the Sustainable Development Goals with high-level political guidance on transformative and accelerated actions leading up to 2030.
Convened by the President of the General Assembly, the Summit will mark the half-way point to the deadline set for achieving the 2030 Agenda and the Sustainable Development Goals. It will be the centerpiece of the High-level Week of the General Assembly. It will respond to the impact of multiple and interlocking crises facing the world and is expected to reignite a sense of hope, optimism, and enthusiasm for the 2030 Agenda.1
In a special letter to the Heads of State and Dignitaries invited to the Summit, UN Secretary General Antonio Guterres lays out the strategic purpose of the meeting:
The transformation envisioned by the 2030 Agenda remains both possible and essential…we have never had access to so much knowledge, technologies and resources.
What is needed now is a surge in commitment from governments and stakeholders to take implementation to the next level. Under the leadership of the President of the General Assembly, the SDG Summit provides the platform we need to secure this commitment. I therefore urge all countries to come together around a Rescue Plan for People and Planet…
First, decisive action must be taken to better support developing countries. Last October, I called on the Group of Twenty (G20) to deliver an SDG Stimulus by massively scaling up financing to at least $500 billion per year, through long-term lending at lower interest rates, debt relief and the creation of a robust and effective sovereign debt resolution mechanism; expanding contingency financing to countries in need and driving both public and private investment towards the SDGs…In addition, it is essential that the Political Declaration of the Summit signal an unambiguous commitment from the international community to reform the international financial architecture and ensure an enabling environment for developing countries to actively participate in and benefit from the global economy and harness the full potential of green and digital technologies.
Second, at the Summit, I urge world leaders to convey a National Commitment to SDG Transformation. This could include clear benchmarks to reduce domestic poverty and inequality levels by 2027 and 2030, in tandem with nationally determined climate contributions. Policy commitments to drive the energy, food, digital and social transitions that will make those benchmarks possible could also be outlined…
Third, delivery of the 2030 Agenda requires the strengthening of public trust and the full participation of a wide range of stakeholders. I urge all countries to fully engage their domestic constituencies, particularly civil society and the private sector, in their Summit preparations. The United Nations system will complement national efforts by mobilizing support from all partners around select high-impact initiatives and advancing a more robust embrace of the Goals by businesses, local authorities and other actors.2
The repeated emphasis on the acceleration of the 2030 Agenda stands out. The UN will use its most influential globalist allies – especially their supporting actors in the international financial sector and the World Economic Forum – to apply the necessary pressure to move this agenda forward. As research journalist Michael Snyder accurately summarizes, “The 2030 Agenda and the Sustainable Development Goals are a blueprint for creating a far-left globalist utopia. And the centerpiece of that blueprint is a draconian global effort to fight climate change.”3 Expect more immediate action in the form of drastic measures from the Biden administration and other governments around the world related to “climate change.” And, expect some of these measures to be introduced in the name of equity and eliminating poverty. This is how they hope to get developing countries to sign on.
2) Another meeting of strategic importance, “COP 28: The 2023 UN Climate Change Conference,” will take place in Dubai, United Arab Emirates (UAE) on Nov. 30 – Dec. 12 of this year. It will represent:
● the 28th meeting of the Conference of the Parties (COP 28);
● the fifth meeting of the COP serving as the Meetings of the Parties to the Paris Agreement (CMA5);
● the 18th meeting of the COP serving as the Meeting of the Parties to the Kyoto Protocol (CMP 18);
● and the 59th meeting of the Subsidiary Body for Implementation (SBI 59)4
Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and UAE Special Envoy for Climate Change, has been appointed as the COP 28 President-Designate. In a letter to the parties dated July 2023, the Incoming President announced that COP 28 will focus on four paradigm shifts:
● Fast-tracking the energy transition and slashing emissions before 2030;
● Transforming climate finance, by delivering on old promises and setting the framework for a new deal on finance;
● Putting nature, people, lives, and livelihoods at the heart of climate action; and
● Mobilizing for the most inclusive COP ever.5
This effort will build upon the accelerated implementation goals from September’s meeting. To ensure the success of COP 28,
The COP 27 Egyptian Presidency and the Incoming COP 28 Presidency are convening informal consultations to engage governments at the ministerial, Head-of-Delegation, and technical levels to lay the groundwork “to deliver a successful COP 28 that drives global transformation towards a low-emission and climate-resilient world, fosters ambitious climate action and facilitates implementation, including the related support.”6
Although COP 28 will be held in the UAE, the United Kingdom is expected to have a significant say in matters. Unbeknownst to most citizens, King Charles is viewed as the de facto leader of the global environmental movement and has come to play a very pivotal role at these meetings. Another point of interest: Pope Francis has come into a close alliance with those at the forefront of this movement, including Charles. To make matters even more intriguing, Israel’s leaders will be at COP 28 and unfortunately have thus far seemed eager to play along with whatever is decided at this meeting.
Israel signed a bilateral agreement with the UK on March 21 of this year which promises Israel security in exchange for its support of the climate resolutions. The official COP 28 global mandates will go into effect on December 13 and will launch a 7-year plan for full implementation by the end of 2030.7 We shall see what transpires.
One more point worth noting. A special interfaith compound in Abu Dhabi – called the Abrahamic Family House – opened in February and will be instrumental in promoting the global unity of religions at COP 28.8 The Pope has been heavily involved in overseeing the construction of this interfaith complex. No doubt many delegates will make the trek to Abu Dhabi from Dubai, as the two cities are only a short distance apart in the UAE.
3) The third conference I’d like to emphasize will convene in September 2024. Already known to globalists as “the Summit of the Future” it is expected to be the most important UN globalization gathering to date – the capstone event. According to The Federalist which first broke this news,
In September 2024, less than two months before the next U.S. presidential election, the United Nations will host a landmark “Summit of the Future,” where member nations will adopt a Pact for the Future. The agreement will solidify numerous policy reforms offered by the U.N. over the past two years as part of its sweeping Our Common Agenda platform.
Although there are numerous radical proposals included in the agenda, perhaps none are more important than the U.N. plan for a new “emergency platform,” a stunning proposal to give the U.N. significant powers in the event of future “global shocks,” such as another worldwide pandemic.9
The UN website admits that one of the purposes of the Summit is to “put in place a stronger international response playbook for complex global shocks, maximizing the use of the Secretary-General’s convening power in the form of an Emergency Platform.” If this materializes it would give the United Nations unprecedented emergency powers on a global scale.
Many of the details of the UN’s sought-after emergency platform were first presented last March in a policy paper titled “Strengthening the International Response to Complex Global Shocks – An Emergency Platform.” This policy paper gives several examples of what could extend emergency authority to the UN. The list includes a major climate event, future pandemic developments, a global digital connectivity disruption (cyber-attack or EMP strike?), major event in outer space, among other “unforeseen risks.”
In the paper, UN Secretary-General Guterres declares, “I propose that the General Assembly provide the Secretary-General and the United Nations system with a standing authority to convene and operationalize automatically an Emergency Platform in the event of a future complex shock of sufficient scale, severity and reach.” This, it is explained, would give the UN the ability to “drive an international response” that would bring the “stakeholders” of the world together to ensure a unified global response to the crisis. Once enacted, the UN could extend its emergency powers for as long as it deems necessary (indefinitely).
The Federalist notes that the Biden administration has already backed the UN’s proposal on multiple occasions, prompting reporter Justin Haskins to warn, “If the emergency platform is approved, the United States as we know it could cease to exist.”
Global Pandemic Treaty
As a lead-up to the Summit of the Future, another landmark gathering will take place in May 2024. This is when the 77th World Health Assembly is slated to convene in order to ratify the much anticipated Global Pandemic Treaty (referred to by the Biden administration as an “Accord”). As always, this annual meeting of the Assembly will be held in Geneva, Switzerland.
The World Health Assembly is the decision-making body of the WHO and is attended by delegations from all WHO Member States. The Assembly focuses on whatever specific health agenda has been prepared by the Executive Board. The “specific agenda” at next year’s meeting is the final approval and global implementation of this treaty. Those in charge are in the process of making adjustments to the existing 307 amendments that are part of the WHO’s current International Health Rules and merging them into the Global Pandemic Treaty to be presented.
To expedite the effectiveness (forcefulness) of this upcoming treaty, European nations have already begun implementing a digital “Global Health Passport.” This effort was launched in June and is taking place under the authority of the WHO. Denmark is the furthest along in this process; everything there is largely in place. The rest of Europe is coming along quickly and will be followed by the rest of the world.
According to Michele Bachmann who was present at last May’s 76th World Health Assembly meetings and has stayed on top of these developments, a personal QR code will be assigned to every person and will be part of one’s digital ID. You will need a digital ID (QR code) to do anything…any buying or selling. In a recent interview with Jan Markell, Michele warned that global government is already “being made operational”, currently being implemented in Europe as well as Africa. She also cautioned that the mainstream media will be putting forth only the WHO’s globalist narrative as this agenda is rolled out, and expressed her frustration over the fact that virtually no one in Congress is sounding the alarm about these WHO plans, despite her best efforts to reach out to former colleagues.10
The likelihood of another “health emergency” being sprung upon the world’s population is increasing. Another pandemic tabletop exercise by globalists is scheduled for October. This will be a dress rehearsal for the next main event.
With most of Congress unaware or remaining silent about the WHO’s intentions, the US media will once again play their part to create panic over the latest virus. However, this time it won’t be as easy to manipulate public opinion. Many people who took the Covid vaccines became extremely ill or died as a result. Awareness of the Covid deception has grown and the old adage “Fool me once, shame on you; fool me twice, shame on me” may apply here. A growing number of Americans have become leery of the Washington Establishment and Fauci’s global health agenda and will be less willing to comply with mandates next time around. I believe there could be large-scale open resistance to such a scheme.
Therefore, being aware of the globalist endgame in all of this – namely, the implementation of a global governing system to control us – it seems to me that the powers that be will attempt to launch major crises on several fronts to facilitate their push into the new world order. Another health crisis alone won’t be enough, at least not in the United States…not this time.
Americans as a whole respond most to what affects their pocketbooks. While certain steps have been taken by the Fed to condition Americans to accept a digital ID and cashless digital currency, an all-out economic collapse may be required to force these drastic measures on the American people. An intentional stock market crash cannot be ruled out. Mortgage rates have soared to over 7 percent, their highest level in more than two decades. As a result, existing home sales have fallen 19 percent (year over year between summer 2022 and 2023).11 Yet, the Fed is considering still another rate hike.
Meanwhile, credit card debt is out of control as more and more people are resorting to credit to make ends meet. Over 60 percent of American adults are living paycheck to paycheck and delinquency rates are on the rise.12 How much more can the US economy handle? We haven’t even mentioned the Federal Government’s reckless spending which has put us $34 Trillion in debt as a nation. What if the Government forces a budget crisis and defaults on its debt?
One other major factor in the Biden administration’s efforts to crash our economy and way of life: By forcing Americans to purchase electric vehicles over gasoline-driven cars, the future demand for oil will lessen dramatically. OPEC nations, led by Saudi Arabia, are as a result moving into a closer relationship with the BRICS nations (Brazil, Russia, India, China & South Africa). This may lead to the abandonment of the US dollar as the chief currency for trading oil. The fact that almost all of the world’s oil has been purchased with US dollars (“Petro dollars”) since World War II, has kept the value of the Dollar high. If this demand for the Dollar were suddenly eliminated, our currency would crash and take down our economy with it.
The end result could be a 30 to 60 percent decrease in our purchasing power and standard of living. If one wanted to force a nation into submission in order to embrace a totally new and different global financial system (because the old system has failed), one would do everything that Biden is currently doing.
Since I do not expect the Biden regime to alter its course, the only plausible alternative is for states to create their own banking systems backed by state-run insurance similar to the FDIC. These states could network together to create their own currency. If a coalition of states representing 50-70 million or more people took such measures, it would potentially give them the same economic clout as a France or Germany. While this is a possibility, don’t hold your breath.
Another crisis of even greater consequence could also be enlisted to break the will of America’s citizens. The war between Russia and Ukraine is in reality a war between Russia and the United States, as the US is supplying over 60 percent of the funds and weaponry to Ukraine. The US, whether we want to admit it or not, is engaged in a proxy war against Russia, with the people of Ukraine (and Russia) paying an enormous price. Putin will at some point run out of patience, recognizing that the war cannot be won through conventional means alone. When that time comes, I personally believe he will resort to extreme measures against the US, either using cyber or EMP warfare, or possibly even launching a limited nuclear strike on our coastal cities.
So, how would Americans respond to a triple play? What if a pandemic lockdown, an economic collapse, and a crippling attack from Russia and her allies were all to occur at the same time – in addition to all of the draconian impositions related to climate change? This, unfortunately, is not an unrealistic scenario given the current trajectory of our nation’s policies via the Deep State in Washington. The powers that be will keep Biden in place as long as he does what they say. Their goal: The complete destruction and dismantling of America as a Constitutional Republic and force for freedom in the world.
What Should Christians Do?
As Christians facing a challenging and potentially dangerous future, we must continually remind ourselves of God’s promises and the fact that He has not given us a spirit of fear, “but a spirit of power, of love and of a sound mind” (2 Timothy 1:7). Our dependence and reliance on the Lord must increase. Living in fear of what man may do to us is counterproductive and will result in poor decisions. Instead, we must put our complete trust in the Lord and follow His lead.
We know that God desires His children to stand firm for what is right and true – to be salt and light – even if it appears at times to be in a losing effort. The people of this world must be given the opportunity to accept or reject Jesus and His righteousness. This is paramount; sharing the good news of Jesus is the sacred duty of every Christian. The Lord, in His mercy and grace, has brought us into His eternal kingdom and made us co-heirs with Him. He deserves our loyalty and worship.
The Lord has been faithful to give us ample time to prepare for the difficult stretch ahead. Even now there are still things we can do physically and spiritually to be ready for what’s to come. Along with the possibilities mentioned earlier, here are a few additional recommendations:
● We’ve prepared a list of approximately 30 items that would be good to have on hand if our power grid crashes. We included this list in our Winter 2023 mailing; it can also be accessed at the following link: https://garykah.org/list-of-items-to-have-during-a-crisis-situation-revised-with-geiger-counter-entry/ Proceed prayerfully, making preparations in order to position yourself to help others in a time of national crisis.
● As the Lord leads, selectively contact your federal, state and local elected officials urging them not to support any actions that would empower the UN and the WHO. Encourage them to stand firm against any attempts by globalist organizations to subvert our nation’s sovereignty. Send them the following link of a 30-minute interview with former Congresswoman Michele Bachmann in which she presents a firsthand account of what the UN and WHO have planned: 269B – Michelle Bachmann | Well Versed (wellversedworld.org) This program was recorded in August and was hosted by Jim Garlow of the World Prayer Network; it provides a good overview coming from a credible former elected official. Who knows where this might lead if enough of our elected officials take it to heart and respond accordingly.
● Prayerfully consider any other steps of action the Lord might have you personally take (i.e. running for office, informing and preparing loved ones, joining a prayer network of like-minded believers, etc.)
Most importantly, we must remain faithful to the Lord and be prepared spiritually to take on any special assignments on His behalf. To do so we must return to our first love. To the church in Ephesus, Jesus said,
I know your deeds, your hard work and your perseverance. I know that you cannot tolerate wicked men, that you have tested those who claim to be apostles but are not, and have found them false. You have persevered and have endured hardships for my name, and have not grown weary. Yet I hold this against you: You have forsaken your first love. Remember the height from which you have fallen! Repent and do the things you did at first. (Revelation 2:2-5a)
Do you passionately love the Lord Jesus Christ…the way you did when you were first saved? Do you love Him with all your “heart, soul, mind and strength?” (Mark 12:30) Are you living in repentance, or are you holding on to certain pet sins? To be a strong testimony and to endure whatever may come our way for the sake of Christ, we must be completely surrendered to Him. Only then can we be fully used of Him. It should be our desire to follow Jesus passionately with a pure heart.
We may or may not receive much of a reward for doing right during the remainder of our time on this earth. So, we need to focus ourselves on the fact that our greatest hope – and reward – will be recognized when we are in God’s presence for eternity. Praise God that the troubles of this fallen world are temporary and will continue only for a while longer – until Jesus returns and makes things right. What a day that will be! Between now and then let’s lean into the Lord as never before, as He is our refuge and source of strength. ■
My soul finds rest in God alone; my salvation comes from him. He alone is my rock and my salvation; he is my fortress, I will never be shaken. —Psalm 62:1-2
2 www.un.org/en/conferences/SDGSummit2023 then scroll down and click on “Letter of the UN Secretary-General to the Member States-SDG Summit”
3 “The UN Has Come Up With A Shockingly Insidious Plan For Global Domination,” Michael Snyder’s Substack, July 5, 2023. (Michael is a Christian researcher/blogger and author of End Times, his new book is available on Amazon.com.)
7*End Time Alert* 40 Weeks Until Everything Changes. Host Janie DuVall interviewing researcher Craig Bong, https://www.youtube.com/watch?v=6kslvS5lLdo, August 13, 2023.
9 The Federalist, Justin Haskins, www.thefederalist.com/2023/07/04/the-u-n-is-planning-to-seize-global-emergency-powers-with-bidens-support/, July 4, 2023.
10 Understanding the Times radio, “The Coming Digital Society: Blessing or Curse?” Host Jan Markell interviewing former Congresswoman Michele Bachmann, August 4, 2023.
11 https://theeconomiccollapseblog.com/brace-yourselves-because-what-they-have-planned-is-going-to-absolutely-devastate-the-u-s-economy/, by Michael Snyder, August 21, 2023.
Have You Trusted Jesus as Savior?
God loves mankind – his greatest creation. His perfect will is for all to be saved and none to be lost (John 3:15-18, 5:24). However, He makes clear that only those who have accepted (believed in) His divine Son, Jesus Christ, will be spared from the punishment of hell and will spend eternity with Him (Matthew 10:28 & II Peter 2:4-10).
If you have not accepted Jesus Christ as your personal Savior, you must believe that Jesus is who He says He is and that He paid the penalty for your sins with His death on a cross. Accept His free gift of eternal life which He can offer because He conquered death through His resurrection. Then, with the help of His Holy Spirit, turn from your old ways of living (repent) and follow Him. Take a moment and tell the Lord that you desire to receive Him into your life and ask His Holy Spirit to dwell inside of you and lead you into all truth.
Once you have settled this most important matter, be devoted in your relationship with the Lord. Spend time with Him by reading His Word (the Bible) and talking to Him (praying) daily. As you grow in His grace, He will direct you and open doors showing you how best to serve Him. With Jesus at the helm, your life and eternity are secure in His care. No situation or power of the enemy will be able to separate you from the love of Christ!
“Who shall separate us from the love of Christ? Shall trouble or hardship or persecution or famine or nakedness or danger or sword?… No, in all these things we are more than conquerors through him who loved us. For I am convinced that neither death nor life, neither angels nor demons, neither the present nor the future, nor any powers, neither height nor depth, nor anything else in all creation, will be able to separate us from the love of God that is in Christ Jesus our Lord.”
—Romans 8:35, 37-39
Fast Facts on World Change
Tokenize the World
The Bank for International Settlements (BIS) – the central bank for the world’s most influential central banks – released a report this past June on steps towards a global Central Bank Digital Currency (CBDC). That’s right, an international digital monetary ecosystem controlled by the world’s foremost banking entity. Connected to a unified global ledger, this architecture would enable the tokenization of public and private assets. In other words, property could be digitally placed on the ledger and a unit of value assigned to that asset – it would be “tokenized” with its value legally linked into the global system.
So not only would the BIS manage a programmable digital currency, it could conceivably control the value and distribution of private assets.
Furthermore, on June 20 – the day that the BIS released their report – Kristalina Georgieva, managing director of the International Monetary Fund, gave a speech on CBDCs, recognizing that the digital revolution is creating a massive transformation, including the “role of money.” She also acknowledged that 114 central banks are currently exploring CBDCs, with some already in the testing stage. But with the possibility arising of multiple digital currencies coming into play, Georgieva stated that there needs to be some kind of unifying structure: “At the IMF we are working hard on the concept of a global CBDC platform, to trade and manage risks.”
It appears that the global banking community is searching for that one-ring, to use a J.R.R. Tolkien metaphor, in the quest to bind them all.
G20 Debt Crisis
The global debt crisis was a major talking point during the G20 Summit in India, held this summer. The United States pushed for debt relief, wanting all creditors to participate without room for separate negotiations. The Chinese Finance Minister, Liu Kun, suggested that multinational creditors should be compelled to participate in “fair burden” debt reduction programs, yet negotiations on a framework stalled. Thus, India’s leadership of the G20 failed to achieve a working statement.
India also stepped into the field of crypto-currencies, issuing an official note to the effect of needing a global regulatory system for cryptos. Climate change and bolstering the global economy were other areas of discussion.
Although a consensus on debt restructuring was not agreed upon, it did highlight the fact that the international community is facing a debt tsunami. Presently, a majority of lower-income nations are experiencing distressing levels of indebtedness, and public debt climbed to 92 trillion USD in 2022.
China’s Foreign Reserves
According to a Council on Foreign Relations report, China currently holds the largest amount of foreign currencies in the world.
As of July 2023, China has by far the most reported foreign currency reserves of any country, with more than $3 trillion. Japan, in second place, has around 1.1 trillion. India, Russia, Saudi Arabia, Switzerland, and Taiwan also have large reserve holdings. The United States currently holds roughly $244 billion worth of assets in its pool of reserves, including $36 billion worth of foreign currencies.
However, according to Brad Setser, a CFR Senior Fellow, China actually has $6 trillion in foreign currencies, noting in a recent BNN Bloomberg article that, “China structurally is so central to the global economy that anything it does, seen or unseen, will eventually have an enormous impact on the rest of the world.”
Global Climate Government
This summer, the UN Secretary General announced that the world had entered a new epoch.
“The era of global warming has ended,” Antonio Guterres said, “the era of global boiling has arrived.”
That’s right; we are now at the boiling point, so says the highest office at the United Nations. And so, of course, the world needs to collectively work to save the Earth.
Not surprisingly, a proposal of this sort was already in the works before Guterres uttered his “global boiling” fear-rhetoric. On July 13, Democracy Without Borders published an article on creating a “citizen-elected Global Climate Assembly.” Penned by the president of the Young World Federalists and the founder of Global Redistribution Advocates, the article suggested a worldwide, democratic governance assembly be established to fight climate change.
The GCA [Global Climate Assembly] as we suggest it would be a prototype of a permanent global assembly elected by the world’s citizens. It should be established by an alliance of countries covering at least half of the world’s adult population. The deliberations of the GCA would provide a forum to formulate climate policies reflecting the values and concerns of citizens worldwide. This assembly would draft international treaties against climate and propose them to the United Nations Framework Convention on Climate Change… Global political elections would enable citizens worldwide to participate in the same election, transcending national boundaries.
As the authors stated, the GCA could potentially become a “crucial stepping stone” towards a world parliament. At this point the GCA is a concept only, but as the fear rises, so too does the call become louder for some kind of global climate governance.
Muslims, Pope, and Faith for Earth
A new interfaith partnership with the United Nations Environment Programme has been announced, initiated by the Muslim Council of Elders in consultation with the Vatican. The goal: To work with UNEP’s “Faith for Earth Coalition” in bringing a stronger interfaith perspective to the United Nations COP28 climate summit later this year (Nov. 30 to Dec. 12), to be held in Dubai, UAE.
To that end, on May 29, Pope Francis met with the Secretary-General of the Muslim Council and the Director-General of the UAE Presidency. According to the Vatican News service, “they shared the possibility of launching a joint initiative on climate change.”
“The initiative discussed in the Vatican,” explained Vatican News, “will call on all religious institutions, leaders, and civil society organizations worldwide to unite towards achieving the shared goal of protecting the Earth, our common home.”
King Sustainable Development
This year, King Charles has increased his RE:TV footprint by offering his videos on YouTube, challenging global citizens to step-up their game and save the Earth.
In January 2020, then Prince Charles announced during the World Economic Forum that he would be launching a new media initiative, RE:TV. Sending camera crews around the world, the footage would be edited into short films highlighting sustainable development issues: climate change, electric vehicles, green agricultural practices, and how indigenous people are “guardians of nature.”
Partnering with Bloomberg and Amazon Prime, and through a well-crafted web presence, RE:TV was able to generate over ten million views. Then, in March 2023, this campaign was re-launched on the world’s largest video content platform, YouTube.
In the first RE:TV video hosted on the popular site, King Charles reminds the audience that “we are part of nature, so what we are doing to the world around us, we are doing totally to ourselves.”
His words speak volumes: “We’ve got to come together as a world on this… we have to make a real, integrated, global effort… the natural world is what sustains us.”
So says the King of Sustainable Development.
AI’s Rapid Gain
The Kobeissi Letter, a leading commentary on global markets, recently issued a thread on Twitter demonstrating the marketplace increase of Artificial Intelligence. Here are a few bullet points, highlighting the rapid growth in AI.
- In 2022, the Artificial Intelligence market was valued at $40 billion. By 2032, it is expected to be a $1.3 trillion market.
- AI is expected to increase GDP by 7%, and in certain industries the average may be higher.
- Office and admin support is expected to be 46% automated by AI. 44% of legal tasks are expected to be automated.
- ChatGPT took just 2 months to surpass 100 million users, by far the fastest out of any startup in history. For context, it took Instragram 30 months to hit 100 million users.
“While it seems like AI is everywhere,” The Kobeissi Letter acknowledged, “the numbers say we are still early. Unless, the numbers are wrong. Regardless, AI is advancing faster than any technology before. And it will only get faster as time goes on.”
Abortion is Healthcare
This past July, the United Church of Christ’s General Synod passed a resolution, 611 in favor and 24 against, supporting abortion as healthcare. The resolution stated that it’s “the right of all people to access reproductive healthcare including contraception and abortion.” The same resolution also proclaimed that “forced birth is an act of sexual violence and the choice to have and care for children is a sacred decision which should not be forced upon anyone.”
Part of the discussion around the resolution included establishing local churches as “sanctuaries” for those seeking abortions – to “physically, financially and spiritually accompany people seeking and receiving abortions.”