READER COMMENT:
Hello Watchman!
This is just the start brother, the Yen/dollar carry trade is starting to accelerate, the arbitrage will blow up all fiat currencies. Inflation is now just getting started as Central Banks around the globe will need to accelerate raising rates to support their currency and sovereign bonds. This is like putting gasoline on the inflationary fire. Raising rates will accelerate the demise of the banking industry as their liquidity assets are in short term treasuries at a rate of 3.5%, thus the haircut of 50%, aka as a loss. People will then withdraw money from the banks and put them into money markets, no insurance. The bail ins start and blows up the derivatives and all that is left is ashes. The lie is over at that time................T
BREAKING NEWS: The U.S. Sanctions The Entire World, Except Ukraine, Israel and Taiwan.
Putin says ENOUGH,
Russia seizes $½ Billion Dollars From JP Morgan! We’re done with this
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Apr 29, 2024
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