By Mark Hunter
src8 hours agoWed Dec 28 2022 09:33:src3
Reading Time: 2 minutes
Former Russian president Dmitry Medveded believes that CBDCs will rise to prominence next year
Medvedev posted a rather startling 2023 predictions tweet thread, including the collapse of the western financial system
CBDCs are coming, but probably not next year
Former Russian president Dmitry Medveded has predicted the collapse of entities such as the World Bank and the International Monetary Fund (IMF) and the rise of Central Bank Digital Currencies (CBDCs) as a result. Medvedev, who ran the country between 2008 and 20src2, made some startling predictions for 2023, including the UK rejoining the European Union, a civil war in the U.S., and the Bretton Woods system of monetary management collapsing, leading to a generational transition of power away from reserve currencies to CBDCs.
Outlandish Claims are Hard to Believe
Medvedev’s predictions for 2023 are so staggering that they must be taken with a pinch of salt, and it’s hard to believe he is serious about some of them. The most outlandish include:
The UK will rejoin the EU, which will collapse. As a result, the Euro will “drop out of use”.
Northern Ireland will break away from the UK and rejoin the Republic of Ireland
War will break out between France and the ‘Fourth Reich’, which comprises Germany and its satellites (Poland, the Baltic states, Czechia, Slovakia, the Kiev Republic, and other outcasts).
Civil war will break out in the U.S. California and Texas will become independent states, with the latter forming an allied state with Mexico. Elon Musk will win the presidential election in a number of states
These actions will, of course, have an impact on the world’s money, with Medvedev not holding back on this front:
src0. The Bretton Woods system of monetary management will collapse, leading to the IMF and World Bank crash. Euro and Dollar will stop circulating as the global reserve currencies. Digital fiat currencies will be actively used instead
— Dmitry Medvedev (@MedvedevRussiaE) December 26, 2022
Some outlets have taken this to mean that cryptocurrencies will benefit, but Medvedev is very clear to reference “digital fiat currencies”, in other words CBDCs – digital forms of fiat currencies that have far more controls over them than existing fiat currencies. Some countries, such as China, have already launched CBDCs, while most western countries are only at the research phase. However, their implementation has already been likened to the kind of scenario painted in the novel src984, where government surveillance of its citizens is unconscionably high.
While CBDCs are an inevitability, it’s pretty clear that they won’t be rushed in next year as a result of the EU collapsing after the UK rejoins it and Northern Ireland suddenly abandons the UK.