The $$$$ is severely depressed right now. I hope all the polls and hype about Kamala Airhead is fluff; if she takes the WH the dollar is finished - as planned, as you say.
This $35 trillion debt will not be easy to neutralize and, by Trump's actions in his first term, I am not sure how much he wants to minimalize it. Of course CoViD was foisted upon him, which we can now perceive as a part of the globalist's plots.
These low interest rates - about to be lowered more - will NOT defeat inflation. We are facing pain whatever path is chosen. They must stop playing games of a covert economy❗
🎯
😄 I appreciate both of your easy attributions to the proper spelling of BRICS! While I reverted to the trend for “X’s.🙄
See.. “Ex’s” in TeXas; of “BreXit”, now Twitter”X”, Space X, and ongoing world “exit” discussions and so on. HA!
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So here’s a commercial centered signal for reality:
VISA wants back into RUSSIA.
Seems their hypocrisy precedes them again, following their pompous exit from Russia over Putin’s “Special Operations” and to favor the West, without any question.
What was it that rose in haste to replace VISA, but the fledgling MIMAR!
VISA sees it now as rising competition, as it served Russia and is reportedly spreading, and dovetails perfectly for further decoupling from Western based profiteers!
Positively a scene for Laurel & Hardy.😏
There was a branch of Q readers & Reddit• anonymous diggers who refreshed the history of gold-backed currency into discussion.
Like BRICS, the “gold” part was too sensible for words and therefore easily aligned with the few and subtle mentions of the word, “gold”, by Trump.
There was said to be (by financial click baiters) a managed conversion for all dollar account holders that would not create alarm among citizens.
I have no opinion about easy conversions, nor how Trump’s current message for stabilizing and restoring the dollar abroad, relates to a future plan for gold backed currency.
In this moment of ww economic decline, Odds are that among certain so-informed circles that Trump would lead in support of such a thing.
Understanding nothing exactly of how it could emerge, or how it might affect trade for Debt, all is a new horizon while, “nothing is new under the sun”.🤗
PS:
Re: VISA V. MIMAR news..
— The Duran
— Telegram
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“This $35 trillion debt will not be easy to neutralize”...
I’m beginning to think that this situation isn’t going to be as big of a problem as it appears to be.
The majority of this “debt” is actually rehypothecated collateral subsequently magnified via a myriad of “bets” and derivative plays. The simple way (and I give 0 s***’s or F’s as to the fate of the financialists institutions doing the extrapolative actions) to solve this is going to be to just say the original collateralization is only enforceable on the originating debt instrument.
Everyone downstream is unsecured. To bad, play stupid games win stupid prizes. No entity without a direct secured line to the base collateral can make any claim on it, and all the trillions of derivatives and rehypothecations just go “poof”.
Everything might lose 90% of it’s paper value, but that valuational retrenchment is going to generally go across the board from fixed hard assets to consumables. There will be actual pain for latecomers to say, real estate (like if one took out a $700,000 mortgage last year), but that is what bankruptcy is for.
This will also “starve out” the insane amount of “worthless economic activity” currently going on in the world. There’s so much money sloshing around from all of this financialization crap that nearly every corner of the “Free Market” is laden with parasitic organisms that have arisen merely to soak up/take advantage of the gushing funds. This is in medical services, regulatory agencies, charitable and benevolent organizations, crime/law enforcement, you name it and somewhere there’s an entity thinking up or generating a new problem or need that needs to be funded or provide a service that manufactures, grows, ameliorates, or addresses NOTHING...