"Debt ceiling" is no where near to be entering the final showdown. Its the "switch" for the controlled demolition of the Central Banks. Wont happen until we are at the precipice. Remember the timeline:
The LIBOR to SOFR involves $600 trillion in contracts and a hard date for legacy contracts already in play must be changed to SOFR by June 30 as deemed by the Federal Reserve.
IMO the checkmate will happen after the world economy crashes. That's the biggest wake up moment for people.
Debt Ceiling is irrelevant IMO. You can have it go either ways and the world economy still crashes.
Yes, but exactly what will make it crash? Remember this is a controlled demolition, and hence both sides have specific set of event(s) prepared to pull the plug.
Maybe they can operate on the momentum of their positions of authority.
Its not just, think of it as oil in the system ... you can keep going for a while before its all flushed out. Flushing it all out is also part of the clean up I believe.
"Debt ceiling" is no where near to be entering the final showdown. Its the "switch" for the controlled demolition of the Central Banks. Wont happen until we are at the precipice. Remember the timeline:
u/#q3387
I don't see why you think that. CBDC platform FedNow opens to the public in July.
LIBOR to SOFR change must be implemented by June 30.
FedNow is not a forcing move.
Libor to Sofr - not sure how forcing that is. All are definitely end game moves. But are we at the checkmate already? Not so sure.
The LIBOR to SOFR involves $600 trillion in contracts and a hard date for legacy contracts already in play must be changed to SOFR by June 30 as deemed by the Federal Reserve.
IMO the checkmate will happen after the world economy crashes. That's the biggest wake up moment for people.
Debt Ceiling is irrelevant IMO. You can have it go either ways and the world economy still crashes.
Yes, but exactly what will make it crash? Remember this is a controlled demolition, and hence both sides have specific set of event(s) prepared to pull the plug.
I've been wondering about this.
Maybe the cabal can operate for a while without their slush funds. Maybe they can operate on the momentum of their positions of authority.
Is the demolition of the central banks the last move?
Its not just, think of it as oil in the system ... you can keep going for a while before its all flushed out. Flushing it all out is also part of the clean up I believe.