#USDC lost parity with the US dollar I tell you that #Circle is a USDC issuing company, it had funds deposited in Silicon Valley bank, and it has ceased its operations causing:

USDC will be trading at $0.88 for each #stablecoin.

informative thread🧵📰🧑‍💻

This has generated certain doubts among #Crypto users about the support of this currency after the bank "failure".

Faced with such a situation, some users, holders of this #stablecoin, organized and made sales of USDC Other people waited to buy the coin at the lower price, hoping for a USDC appreciation.

It is worth mentioning that this #stablecoin (USDC) is the second stablecoin by #market capitalization.

Meanwhile, the #Stablecoin #Tether    has benefited in this case, due to significant sums of #money coming in.

This thread is informative and not investment advice. ⚠️

#dollar  #bank #USDC #USDT #NEWS

The United States has been the dominant power in the global economy since the end of World War II. The US has the largest economy in the world and the US dollar is the world's reserve currency. This means that the US dollar is the currency that other countries use to settle international payments.

Why the US Dollar Is the Global Currency

This gives the US a great deal of power to shape the global economy. For example, the US can use its economic power to impose sanctions on countries that do not agree with its policies. The US can also use its economic power to pressure other countries to take actions that serve its own interests.

However, in recent years, the US's dominance in the global economy has begun to decline. There are a number of factors contributing to this decline, including the rise of China and Russia, the increasing use of cryptocurrencies, and the emergence of new economic powers such as India and Turkey.

China is the second largest economy in the world and its economy is growing faster than the US economy. China also has a strong industrial base and is a major source of consumer goods. This makes China a serious competitor to the US in the global economy.

Russia is also an emerging economic power. Russia has rich natural resources and is a major source of oil and gas. Russia is also a member of the G20, which is a group of the world's largest economies. This gives Russia a great deal of influence in the global economy.

The use of cryptocurrencies is another factor contributing to the decline of US dominance in the global economy. Cryptocurrencies are digital currencies that are not subject to the control of any government or central bank. This makes them more stable than traditional currencies and more attractive to investors.

The emergence of new economic powers such as India and Turkey is also a factor contributing to the decline of US dominance in the global economy. India is the second most populous country in the world and its economy is growing faster than the US economy. Turkey is also an emerging economic power and its economy is growing faster than the US economy.

These factors suggest that US dominance in the global economy is beginning to decline. It is unclear when this dominance will end, but it is clear that it will end one day. When this dominance ends, there will be a new global economic order and this order will be more stable and just than the current order.

PHOTO: BAILEY MARINER

Are We Puppets of the US Government?

It is clear that the US is a dominant power in the global economy and that it has the power to shape the policies of other countries. This raises the question of whether we are puppets of the US government.

The answer to this question is yes, to some extent. This is because the US economy is the largest in the world and the US dollar is the world's reserve currency. This means that the US has the power to shape the policies of other countries through the use of its economic power.

For example, the US can use its economic power to impose sanctions on countries that do not agree with its policies. The US can also use its economic power to pressure other countries to take actions that serve its own interests.

This raises concerns about our political independence. If the US is able to shape the policies of other countries through the use of its economic power, it means that it is able to influence our domestic policies as well.

It is important to remember that the US is not the only country with interests in the global economy. There are other countries, such as China and Russia, that also have interests in the global economy. These countries are also seeking to shape the policies of other countries.

This means that we have some degree of independence in our domestic policies. We are not puppets of the US government, but we are not independent from it either. We live in a complex world and there are many forces that influence our domestic policies. It is important to be aware of these forces and to fight for our political independence.

#usa #dollar #REXBOX

Egypt, with gratitude to God, has joined the BRICS group, opening up new possibilities for the country's future. However, it is essential to consider the potential consequences of this move. While celebrating this achievement, we must also be cautious about the decisions that might follow.

President's Role in Managing New Opportunities

There is optimism surrounding Egypt's inclusion in BRICS, as it presents opportunities for economic growth, trade collaboration, and global influence. With access to a larger market and increased cooperation among member nations, Egypt's potential for development seems promising. However, the real challenge lies in how these opportunities will be managed.

A Financial Balancing Act

One concern is the possibility of hastily acquiring new loans and debts. It's imperative for the leadership to make informed decisions that benefit the citizens and secure the country's financial stability. While it's understandable to aspire for rapid progress, it's crucial to strike a balance between economic growth and the long-term well-being of the nation.

Future Generations and Debt

As citizens, we must consider the implications of these decisions on future generations. A country burdened by excessive debt may inadvertently pass down economic challenges to its descendants. While embracing the benefits of progress, it is essential to ensure that our grandchildren and their grandchildren are not saddled with the burden of repaying loans taken today.

Critical Thinking and Constructive Criticism

It's essential for a healthy democracy that citizens engage in critical thinking and constructive criticism of the government's actions. Questioning decisions, policies, and their implications is a vital aspect of holding leaders accountable and ensuring the best possible outcomes for the nation.

Beyond the Rhetoric

While some may criticize the president's leadership, it's important to remember that the decisions made today shape the country's tomorrow. Rather than making impulsive judgments, it's essential to analyze the bigger picture and consider the long-term impacts of our choices.

A Call for Unity

No matter our differences, at a time when Egypt is entering new territory with its BRICS membership, unity among citizens is crucial. The challenges and opportunities that lie ahead require collective effort and a shared vision for a prosperous and stable Egypt.

In Conclusion

Egypt's entry into the BRICS group is undoubtedly a significant achievement, opening doors to various possibilities. However, the success of this endeavor lies in the hands of wise and responsible decision-makers. It's our duty as citizens to stay informed, engage in meaningful discussions, and hold our leaders accountable for the choices they make. By doing so, we can collectively contribute to a brighter future for Egypt, ensuring that the benefits of progress are enjoyed by current and future generations alike.
#egypt #dollar