Robin Monotti + Cory Morningstar

US House Passes REPO Act: How Confiscating Russian Assets Could Impact Global Economy
https://thecurrencyanalytics.com/marketmovers/us-house-passes-repo-act-how-confiscating-russian-assets-could-impact-global-economy-110528

In a move that could reshape the dynamics of global finance, the US House of Representatives has greenlit the Rebuilding Economic Prosperity and Opportunity (REPO) Act.

This legislative stride, if fully enacted, could pave the way for the confiscation of over $6 billion worth of Russian assets tucked away in US financial institutions.

At the heart of the matter lies the notion that such actions could significantly accelerate the ongoing trend of de-dollarization, wherein countries seek to reduce their reliance on the US dollar in international transactions.

The act could be perceived as a form of coercion, compelling nations to reconsider the risks associated with holding assets subject to potential seizure at the whim of US policy shifts.

They caution that empowering the government to confiscate assets may destabilize the dollar-dominated global financial framework, potentially triggering unintended economic fallout.

As nations around the world closely monitor these developments, the specter of de-dollarization looms large on the horizon.

Countries previously content to rely on the stability of the dollar are now reevaluating their strategies in light of shifting geopolitical dynamics and the ever-present specter of economic coercion.

Now may be a good time to consider investing in hard assets to protect yourself from what's coming.

The US is eyeing sanctions that could cut off some Chinese banks from the rest of the world
https://www.msn.com/en-us/news/other/the-us-is-eyeing-sanctions-that-could-cut-off-some-chinese-banks-from-the-rest-of-the-world/ar-AA1nwU8j

The US is taking sharper aim at Chinese financial institutions, in an effort to stamp out a key source of support for Russia's military production.

Lawmakers in Washington are actively drafting a round of sanctions against such banks, the aim being to completely cut these lenders off from the global financial system...

Although this constitutes a more forceful step than seen before, the ballooning trade between Beijing and Moscow is feared to be helping Russia rebuild its war machine.

While no weapons are exchanged, China has become the lead supplier of essential industrial components, from circuitry to aircraft parts.

New sanctions could go as far as cutting China from accessing the US dollar, the linchpin currency used in global trade.

But it also means risks for Washington, as it could speed up de-dollarization efforts.

Beijing responded to the news by calling the US' approach as "hypocritical," Reuters reported.

"China's right to conduct normal economic and trade exchanges with other countries, including Russia, is inviolable,"...

The communist regime in the Whitehouse are hell bent on destroying America.