Monday, May 08, 2023

Tsunami DeDolarization - Bricks - Asean Plus 3 Countries

We noticed from the Media Platform on the Internet that : 

1. FAILURE OF SVB - SCHOCKED GLOBAL FINANCIAL MARKET 

In March 2023, the failure of SVB shocked Global Finacial Markets. FDIC was forced to take over during business hours.

Details of Resolution was only released until the Next Week end.

 These events started: a series of bank intervention on both sides of the Atlantic which still is occurring at the time this brief snapshot writing.  

The First Republic Bank was bought by the Nation's largest bank in the USA namely : #JP Morgan 

This occurred after the FDIC (#Federal Deposit Insurance Corporation) took over the Second Biggest Bank to fall in American History. 

(Note: #The Federal Deposit Insurance Corporation, is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. FDIC was created by the Banking Act 1993 enacted the #Great Depression to restore trust in the American banking system. #Wikipedia Founder Franklin Roosevelt).

The original purpose was to maintain stability and public confidence in the USA Nation's financial system. 

Some Analysts have the perception that The Central Bank's is destroying the US banking system since #Small Regional Banks were swallowed up by this JP Morgan corporate banking action.


The Fed are injecting funds into JP Morgan in acquiring the Small Banks.


This was perceived to consolidate and further centralize the US Banking Network  


The Goal Target is to try to gain more Power  and  Control Over the Financial System 


According to the Financial Stability Expertise, as written in a Paper made by  #Andrew Metric and #Paul Schmelzing, the SVB (Silicon Valley Bank) and First Republic failures are just the Start of a Long Banking Crisis  after  800 Years of History in USA Hegemony in the Global Currency.


#Andrew Metric is Professor of Finance and Management at the Yale School of Management and Director of Yale Program on Financial Stability

#Paul Schmelzing is an Assistant Professor of Finance at Boston Colledge 

and a Research Fellow at the Hoover Institution, Stanfort University.


A key feature of a systematic banking crisis is the length of time it takes to be resolved.   


As noted, above based on the Expertise Sources we found on the website, social media platforms quoted by an independent journalist, was #Paul SCHMELZING.


He was one of the invited speaker in the #IIMF Summit Forum 17th April, 2023, held in Washington DC.


The Heading was #The March 2023 Bank Intervention in Long-Run Context - Silicon Valley Bank and Beyond


Paul Schmelzing presented #Statistic of Increasing Interest Rate for more that 700 - 800 years, the year 1870 - 


The #MS Data Base (#Metric Schmelzing Data Base)  counts a total of 540 Individual Lending Policy Intervention over the Centuries of which 410 were deployed across countries es.


He observed that on average the 57 prior Banking Crisis was most analogous to  the Current, will last months if not Years

That is an omnimous project since the current crisis is less than 2 months   

old as Schmeltzing says :  

  • it's far to early for Investors to say that the Crisis is Over.

He predicts that more banking failures are on the horizon


We have not seen the  : 

  • Tsunami of Commercial Real Estate Defaults that's going to leave a lot of Regional Banks holding the Bag.
  • He states that The FED is behind it all

 They Created this Crisis and are Purposely 

  • systematically Destroying the Economy   

This Week the FED increases rates of Quarter Point and Signals a Potential End 

to Hikes


This appears to be the Deal : 

  • Even if the Fed Paused Interest Rate Hikes Next Time around June 2023 
  • (Note : which is the last month date of the President Nominated Candidate in the 2024 USA Presidential Election) this has already  gone too far.

They can't avoid a crisis.

  • A crisis is already taking place and these Types of Crisis does not happen all at Once.

They happen thru Process of Waves 

  • At the End of the Day as predicted by many Intellectual Journalists Analysis Observers as shown  in several Platforms in the Social Media, is that now  Undoubtedly and Abundantly Clear  is happening in the USA and also in Europe.

We can observe in the Social Media that the US Senators are finally starting to say it out Loud in the Mainstream Media  on Live on TV. 


According to Banking Financing Observers,  it's undoubtedly and abundantly Clear that Nobody Trusts the Banks. 


Now Banks borrow Short to Lend Long


They use deposits which can be withdrawn at any time to fund loans


and buy Bonds which Don't get Repaid for a long time.

  • Otherwise known as Sophisticated Ponzi Scheme

Question raised : How Banks are Just Sophisticated Ponzi Scheme ? 

Brief Answer percieved by one of the Independent Journalist  : 


When we deposit our 

  • Hard-Earned Money Our Property into a Bank we are Unknowingly giving a free Unbacked Loan   

to a Highly Leveraged Borrower 

  • The Bank Gambles with our Money until they Lose and then 

we the Tax-Payers and Customers bail them Out 


How so well Check out the way Governments Officials try to Twist reality to make it seem

  • like we aren't bailing out of the Banks out Of FDIC Plans.

To hit Big Banks with Fees to Refill Deposit Insurance Fund

II The SVB spill over  to Europe, on #SVB subsidiary in Germany, Britain, and #Swiss Bank.

The German financial regulator announced on March 13. that a #"Moratorium" had been placed on German Subsidiary of SVB, incorporated in German Corporate Law with EUR 789M in Assets.

The Decision falls into "Debt and Payment Moratoria" (DPM).

III. #Latest Banking Policy Actions by Asean Countries Plus Japan, South Korea &; Peoples Republic of China.

Ministers of Finance and Governors of the Central Bank for the ASEAN Region, Japan, South Korea and China 

(Asian Plus Three) agreed to reduce dependence on the United States Dollar by strengthening the role of Local Currency according to the Power Lunch Program Meeting Wednesday 03/05/2023 

IV. DEDOLLARIZATION ISSUE

Reduces the dependability of the US Dollar Currency.

#BRICKS created New Payment Instrument

Recently, the #BRICKS Alliance Countries, namely Brazil, Russia, India, China, and Africa, created a New Payment Instrument 


This is to reduce dependence on the USD Dollar and Euro currencies.

V. #Asean Countries Plus 3 Countries Japan South Korea Peoples Republic of China uses local currencies.

Not only Bricks Alliances Countries, we noticed that a number of countries in the Asean Region plus 3 Countries : Japan, South Korea & Peoples Republic of China are also trying to increase the use of local money in trading activities between those Asean Plus Japan, South Korea & People's Republic of China.


In order to reduce the dependence on US Dollars and Euros.

#Indonesia is Not Exceptional

Indonesia Implements Local Cooperation with a number of Countries, namely China, Japan, Malaysia and Thailand


Indonesia also signed the LCT Collaboration MOU with Singapore on 29 August 2022 


and is currently in Tracking for Implementation in 2023

#Bali Meeting March 2023 

Not only that, all ASEAN countries agreed to carry out LCT cooperation at the meeting 

Finance and the Governor of the ASEAN Central Bank in BALI in March 2023.

 

Senior Economist who is also the Minister of Finance of Indonesia from 2014 to 2016 Bambang Brojo Negoro emphasized that 

Lots of countries  are trying to avoid their Government as well as Private Commercial Transactions from using US Dollars.


The Pragmatical reason of the Stackholders who want to release US Dollars, cannot be separated from the current expensive US Dollar Condition.  


This was caused by the implementation of Relatively High Interest Rates as a Policy by the US Financial Authority to Manage Inflation. 


Thus, many countries are worried that dependence on the US dollar will jeopardize the trade  transactions which 

can create high-cost economy


#Due to Social Media Platforms Borderless Digital Era , Dedolarization was Viral ... Globally Instantly


#Jakarta, Indonesia, 8th May 2023

#AgungSupomoSuleiman

Thursday, April 13, 2023

#episode28- Fundamental Change Macron & EU Leader 3 Days Visit China Xi JINPING...



French President Macron & #EU Leader #URSULA Von Den Leyen Visit  China Xi Jinping 3 days from 5th April 2023.

Even though in French there is a massive Labor demonstration - protest, resulting Huge Garbage Waste buildup in many cities in French including Paris. 

Red Carpet - Military Ceremonial Welcome.

 Interesting part is that Marcon was greeted  by Xi JinPing with Red Carpet from Airplane to Car used by Macron and Military Ceremonial Welcome.

Whereas, EU Leader URSULA Von Den Leyen was not directly greeted by #Xi JinPing there was no Military Ceremonial Welcome. 

#BILATERAL PRESS CONFERENCE - XI JINPING - Marcon

Several agreements were signed, by both Leaders 

#Marcon brought several Business Representatives among others from Oil, Gas, Energy, Sectors and Nuclear Sectors, and other business sectors, who also signed agreements.

 #MACRON, said he was counting on Xi JinPing to pass message to Putin to stop the Russian invasion of Ukraine.

#Xi Jinping willing to mediate Via Peace Solution Process.

#MEETING OF 3 (Three) Leaders

Meeting by the 3 Leaders were also held. 

SIGNIFICANT  POINT : 

By having Marcon &#EU Leader visits Xi Jinping in China, it shows that Jinping was recognized by both Marcon and EU Leader, to convey the message to Putin to stop the war.

Marcon hoped Xi Jinping  could assist the Economic Crisis suffered by French, especially due to the High Cost Escalation of the Gas, caused by the Ukraine - Russian War Crisis.

XI JIN PING  #Approched Peace Solution and not war.

This contradicts with Joe Biden's approached thru assisting Training Ukraine Personal Troops, Military Financial assistance and Not only Defensive Weapons but also Offensive Weapons.

De Jure Ukraine is not a member of NATO but De Facto NATO Chaired by USA Elite Politics under Joe Biden Administration are giving aids to Ukraine:

 Even though France and the Leader of European Union are alliances of NATO and USA, the above 3 Days Visits to Xi Jinping in China, strongly indicates that they both need Peoples Republic of China- Xi Jinping to cope with their Finacial Economic Crisis, which was caused by the Ukraine VS Russia War Crisis.   
      
 #RELATING TO TRADE WAR ESCALATION - USA Vs Peoples Republic of China

MACRON stressed that Escalation with Taiwan is not in the interest of the European Union

#STRATEGIC AUTONOMY

Macron stated it is necessary for the European Union to build "Strategic Autonomy", the terminology he used to maintain Independent Foreign Policy. 

#REPUBLIC PARTY CLAIMED NEW YORK GOVERNOR USING NEW YORK COURT LAW - 34 Cases of Donald Trump - ELIMINATE TRUMP USA PRESIDENT CANDIDATE 

We noticed from the Media that the Republic Party in USA was accusing the Governor of NEW York used the Court Of Justice with 34 Cases to eliminate Donald Trump to be able to run as the USA Presidential Candidate in the 2024 USA Presidential Election.

#Jakarta, Indonesia, April 13, 2023
#AgungSupomoSuleiman.

 

Sunday, March 26, 2023

Snapshot Rekayasa Pengendalian Kekuasaan VIA Nominee - Korporasi


https://youtu.be/sWlHwy9jjWo

#AgungSupomoSuleiman, Operator of this Blog and #AGUNGSS OILGASMINE CHANNEL 


 #AgungSupomoSuleiman is in the passion of sharing his experiences during his Business Lawyer professional law practices, in Indonesia.

He is fully aware of the Corporate Culture of the Investors / Business players conducting their business operations in Indonesia,





 

Monday, March 20, 2023

#Episode - Geopolitics - Trump (Peace Approach Vs Joe Biden(Proxy War) UkraineVsRussia...



#AgungSupomoSuleiman,Operator of this Blog and #AGUNGSS OILGASMINE CHANNEL,

Broadcasts this Video called : #EpisodeGeoPolitikTrump(PeaceApproach)VsJoeBiden(ProxyWar - UkraineVsRussia,

#AgungSupomoSuleiman, loves to share his understanding on the Current Progress of the Perception between Trump (Peace Approach) Vs Joe Bidden(ProxyWar) on this Ukraine - Russia Crisis War.   

This is Political Jargon Claimed by Trump for the 3024 Presidential Election in USA Vs Joe Bidden approach who wants to be Involved in the Proxy War, between Ukraine - Russia.

According to Joe Bidden,  USA wants to assist Ukraine with Training, Finance and Military Weapons to make Ukraine position to be Equal (Equilibrium) with Russia Strength prior to enter a Negotiation with Russia,

There is a Different approach between Trump cs  and Joe Bidden cs. 

     


Thursday, December 29, 2022

#Bagaimana Monetize Blog Vlog





#Bagaimana Monetize Vlog Blog  

Since  as a Freelancer Blogger we need income, we registered Our Blog and Vlog to be Monetized by the Advertisement Company namely AdSense 

However a Certain Threshold Numbers of Viewers should be met as determined by Google AdSense,

Our Music Blog had been approved to be monetized by AdSense Google, however we still need to reach such Numbers before we can disburse the 68% as determined by Google Team. 

Thus, this all depends upon how much Numbers of Viewers, visited our Blog and Vlog. 

Our Geopolitics – #AGUNGSS BUSINESS LAWYER BLOG is still waiting the Evaluation from AdSense.

We have link our Blog with our Vlog/YouTube Channel.

#Djakarta, Indonesia, December 29,2022
#AGUNS SUPOMO SULEIMAN


Tuesday, December 27, 2022

#episode1- How To Build Digital Nomad⚡️




#episode 2- How To Build Digital Nomad \

  • EXPERIENCED - IN-HOUSE LAWYER - INDEPENDENT BUSINESS LAWYER

Luckily #Agung Supomo Suleiman as the Operator of this Blog and AGUNGSS OILGAS MINE CHANNEL under the Playlist English Version - How to Edit/Make the Video Recording in the #episode 1- How to Build a Digital Nomad,

for more then 20 - 35 Years, it is a combination of being Company Man, Legal Consultant in a Reputable Law Firm and as In-house Legal Counsel in an Oil Gas Company, namely Huffco Indonesia and General Mining Company Cooper and Gold, namely, PT Freeport Indonesia Company ("PT FI), operating in Indonesia and then become an Independent Business Lawyer

  • PREFER INDEPENDENT & PROFESSIONAL

In his experience preferring to be an Independent & Professional Lawyer, he had practiced as Blogger around 2009 and become a Vlogger just 1(one) Year ago.

  • BLOGGER – TYPING CONTENT 

As Blogger we are typing the content of the Blog.

Since his passion is to become free and Independent, he had established several Blogs in the English and Indonesian Version.

  • VLOGGER - ORAL PRESENTATION - of the CONTENT

However, in a Vlog, as a Vlogger you are making an oral Presentation.

#Agung had created to Vlog/YouTube Channel namely AGUNGSS Music Blog and AGUNGSS OilGasMine Law Channel.

  • Digital Nomad  – FLEXI – PLACE – FLEXI –TIME

Based on the above  circumstance during this Pandemic Period, #Agung had established his Digital Nomad, where he can work on his Vlog on 

a Flexi Place and Flexi Time.

This is really exciting and challenging for #Agung.

He also combined it with Geopolitics issue - since his education backgroud studies during his University Education in the Law Faculty University of  Indonesia he studied Geopolitics Among Nations - relating to the International Public Law that he was studying.

He links this Geopolitics with the Law Practice as Business Lawyer focusing in the Oli Gas General Mining Legal Aspects of Oil Gas and General Mining Companies conducting its operations in Indonesia.

While he was traveling either outside of Indonesia, as well as other places within Indonesia, he has the freedom to enter the Content of his Blog as well as his Vlog.

#Agung can also work in the Café in a Mall where there are Wi-Fi Facilities.

As far as he carries his supporting Tools such as his Mobile Handphone, Laptop, and his Audiobox USB 96, and the necessary cable, he can start working on his Blog and his Vlog/YouTube Channel.

From our research in the website and also YouTube Channel, there are Foreigners who chooses Bali as the place to establish his/her Digital Nomad.

It appears from the news relating to said Digital Nomad Provider, he understand that the Government of Indonesia are giving Incentive of able to be a digital nomad in Bali for 10 Years with certain condition among others that there must be a certain Cash brought to Bali which can be traced by the Finance Institution of Indonesian.

We need to further check more details upon the relevant Ministerial Regulations.

The Significant issue is that based on the above circumstances and development of allowing Foreign Digital Nomad to do its operations in Bali, it really fuels Energy to me as the Operator of this Blog and Vlog in creating this Digital Nomad Platform.

Thanks for Watching this Blog and Video Recording, we hope will be beneficial for all of us in this Borderless Global Digital Community.

Jakarta, Indonesia, December 27,2022

#AgungSupomoSuleiman


Tsunami DeDolarization - Bricks - Asean Plus 3 Countries

We noticed from the Media Platform on the Internet that :  1. FAILURE OF SVB - SCHOCKED GLOBAL FINANCIAL MARKET  In March 2023, the failure ...