EVERGRANDE FACES DISSOLUTION TOMORROW. GLOBAL BANKS HOLD NEARLY $1 TRILLION IN #BONDS AND LOANS OF EVERGRANDE. IF BONDHOLDERS ON DEC 4TH DONT ACCEPT EG'S POOR SOLUTION, EG WILL BE FORMALLY DISSOLVED. ALL REMAINING ASSETS WILL BE SOLD OFF EN MASSE LEAVING AS LITTLE AS 0% TO 5% REPAYMENT TO DEBTORS😆
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💥 BANK COLLAPSE 💥
Gold just hit all time highs.
Deflation is coming, I'm waiting for the banks to crash the stock market and gold/silver futures and therefore their price. That will be the last buying opportunity if there's any left.
Saw this today
Flashing Recession Indicator Unlike Any Other | Uneducated Economist
https://www.youtube.com/watch?v=ZWzksB-gbWk
Sahm's indicator is one to keep an eye on.
There are too many derivatives and too much debt in the system. At some point soon if they don't print out more money, deflation happens big.
Study up on how previous reserve currencies, notable the Dutch, failed in the past.
Also when that reverse repo runs out around March (same as the BTLP), failure kicks into high gear big time.