Neon Strings: Currency Manipulation in Emerging Economies

A three part series that explores why banks manipulate the currency, forex global scandals including the rigging of South Africa’s rand and the solution BRICS presents to countries of the global south

From Soros to Sanctions: The 4 Levers That Rig Emerging Markets – BRICS’ 3 Fixes + 1 Fatal Flaw 8 min read

From Soros to Sanctions: The 4 Levers That Rig Emerging Markets – BRICS’ 3 Fixes + 1 Fatal Flaw

Lungi Nkosi 5 months ago

Algorithms, derivatives, and debt contracts have replaced the old empires of gunboats and governors. Major financial institutions—hedge funds, investment banks, and multilateral lenders such as... Read More

Part 2.1: The Rand Rigging Saga 5 min read

Part 2.1: The Rand Rigging Saga

Lungi Nkosi 5 months ago

The 28-bank rand conspiracy and the 2025 Constitutional Court showdown South Africa’s FX scandals centre on the USD/ZAR “Rand Rigging” Case, a local offshoot of... Read More

Part 2: London Typed 3 Words → Your Bread Jumped 15 %. The $10 Billion Forex Cartel 5 min read

Part 2: London Typed 3 Words → Your Bread Jumped 15 %. The $10 Billion Forex Cartel

Lungi Nkosi 5 months ago

$10B Forex Cartel, Neil Phillips’ $20M Boxing Day rig, and the 3 words that crashed the rand. Part 2 of Neon Strings 2025.... Read More

Part 1: Why Banks Manipulate Currencies 3 min read

Part 1: Why Banks Manipulate Currencies

Lungi Nkosi 6 months ago

Imagine waking up to find your currency plummeting overnight, impacting your daily life—thanks to trades executed far away. Currency manipulation, from legal central bank actions to illicit schemes, wields significant power over emerging markets like South Africa. Is it about economic necessity, profit, or something deeper? Join us as we uncover the motivations and mechanisms behind this influence, and explore how these actions shape economies and raise questions of fairness in the global financial landscape. Stay curious!... Read More