This has been talked about on economic and financial channels on rumble and YT for a while. This may be catalyst for breaks in the economic and financial systems.
There are 4 major sources of liquidity I'm looking at drying up this year. 2 are now gone.
Evergrande finally got liquidated on January 29, 2024. That means this will finally show up as a loss on banks assets.
Deutsche Bank finally started lawyering up and filing liquidation lawsuits last week so it's assumed are heavily affected by Chinese Real Estate companies defaulting.
https://www.youtube.com/watch?v=zUdUa4mBQGI
Today the Bank Term Funding Program (BTFP) ends, a year after it started due to the Silicon Valley and Signature Bank Run. This kept liquidity going for all the banks that were underwater from US Treasuries dropping in value on their asset books. If they can't pay off the loan, the Federal Reserve takes the Treasury Bond collateral.
The Reverse Repo market is at $444 billion left down from 2.5 Trillion in May-June 2023.
https://fred.stlouisfed.org/series/RRPTTLD/
The US Treasury uses this as a consequence free way to needlessly borrow money without it affecting US Treasury Bonds. US debt hit 34.5 Trillion and continues to rise at a fast rate.
https://www.usdebtclock.org/
The unwinding of the Japanese Carry Trade is the 4th and arguably biggest liquidity well to dry up. I currently don't have a good way of monitoring the progress other than looking at JPY-USD price
https://www.tradingview.com/symbols/USDJPY/
When USD-JPY starts going north of 150 or the bond yields start jumping dramatically, that's the time to pay attention.
Liquidity is the name of the game for keeping the world and US economy rolling. When that lubrication is gone, the gears grind up and something breaks and the system crashes.
Another more lengthy one I recommend starting at 24:50. The monetary base is the reserves of the fed and currency and coins in circulation. That is the only money that actually exists.
(1hr 10min) The Human Action Podcast: The Fed's Milkshake Brings All the Foreigners to the Yard
Of course we did/do. Can't expect banks to bail themselves out of bad decisions can we? They win, we pay. They lose, we pay. That's the American free market at work my friend.
Ive been hearing this and I'm hoping this is true and part of the great awakening. Some of the things going on it sounds like we might be moving to an asset backed currency. I don't grasp the full implication of that, but I just know it's going to be better for all of us and we won't be debt slaves anymore
The last 111 years have been under debt slavery where any real backing of currency was eliminated (1933, 1971) to replace hard assets, the FRN was elevated to a petrodollar status which all confidence in the United States to honor..blah blah. Actually, no one alive remembers the gold held by all citizens before 1933 and that the citizenry hid their gold coins which explains the commonality of vintage gold coins being available to collectors now. I have stacked silver to a fair degree by method of trading a $5 coin for a tube of silver eagles-it happened 2-3 times. I'm ready for a moon shot..
Several small banks are going to go belly up for sure. Hard to know exactly which ones. Others are going to be consolidated into larger banks to prevent their collapse.
Assuming you don't exceed the FDIC insured limit your money should be protected. But that doesn't mean it will be available immediately. There isn't enough money in the FDIC to bail out all the banks that are about go under over the coming weeks. Watch for all this to go down before end of April or so.
Eventually they'll do something to make you whole for your covered deposits, but you may not be able to withdraw it for some time. I'd suggest taking out some extra now if you aren't banking at one of the major banks and plan on needing more than just basic living expenses over the coming weeks.
This requires a crystal ball, which sadly I don't have.
Whatever systems are eventually established will obviously have their use cases. I'm sure some of them will include the ability to make small transactions digitally. Personally, I find digital transactions for brick and mortar shopping counter productive and unpleasant, and so I will push to continue cash (likely backed by gold) for that purpose. But I know others feel differently, so I'm sure there will be systems that are created for it.
For purchases online, there are already options to pay in crypto currencies like Bitcoin, which can function similarly to a debit card. I would expect these will survive in some form.
Moved control of FED under treasury. Rothschild’s banksters couldn’t manipulate shite like they could before. This happened in 2020. It is taking sooo darn long to kill this FN thing!
The Fed is ready to collapse the system and move everyone to their CDBC and social credit scores.
As for the white hats, the last thing they want is for the system to collapse under the next Trump administration. So the time is now.
they sucked as much money out of the population as they could without open conflict. Now they destruct the system and hope to do the same in the next system
They know the people won't willingly move into cbdc. So they shall "controled
collapse it and I'm gonna assume they try and jazz up the cbdc make it double purchasing power for bills etc to entice people to change . Then they rug the usd.
i'm already buckled! I can't buckle up anymore! https://i.imgflip.com/1yv8ti.jpg?a474624
The snosberries taste like snosberries.
The rower keeps on rowing And he shows no sign of slowing Is the grisly reaper mowing?
A grim reapers lot is a busy one... 😉
We lose!we get nothing! And will be happy.
3x11= 33°
How is it even possible to fuck up a system that earns money by lending out money you don’t even have?
That’s it. I’m starting my own bank. Borrow money from me at 7%. Need a million? No problem.
Gonna need a helmet this week
And popcorn.
Well, when you're bankrupt, you can't lend money.
Well if we play by monopoly rules the bank can just use crayons to write iou on slips and use it as normal cash
Haha, I wouldn't be surprised at this point.
Hmm... interesting!
This has been talked about on economic and financial channels on rumble and YT for a while. This may be catalyst for breaks in the economic and financial systems.
What does that mean for us though?
It means that some banks may go under and this may be slow motion train wreck repeat of 2008 GFC.
For us it means to have extra supplies and food stored up and try to avoid debt or minimize as much as possible.
This was planned long ago.
There are 4 major sources of liquidity I'm looking at drying up this year. 2 are now gone.
Deutsche Bank finally started lawyering up and filing liquidation lawsuits last week so it's assumed are heavily affected by Chinese Real Estate companies defaulting. https://www.youtube.com/watch?v=zUdUa4mBQGI
Today the Bank Term Funding Program (BTFP) ends, a year after it started due to the Silicon Valley and Signature Bank Run. This kept liquidity going for all the banks that were underwater from US Treasuries dropping in value on their asset books. If they can't pay off the loan, the Federal Reserve takes the Treasury Bond collateral.
The Reverse Repo market is at $444 billion left down from 2.5 Trillion in May-June 2023. https://fred.stlouisfed.org/series/RRPTTLD/ The US Treasury uses this as a consequence free way to needlessly borrow money without it affecting US Treasury Bonds. US debt hit 34.5 Trillion and continues to rise at a fast rate. https://www.usdebtclock.org/
The unwinding of the Japanese Carry Trade is the 4th and arguably biggest liquidity well to dry up. I currently don't have a good way of monitoring the progress other than looking at JPY-USD price https://www.tradingview.com/symbols/USDJPY/
as well as Japanese Bond rates. https://www.tradingview.com/markets/bonds/prices-japan/
When USD-JPY starts going north of 150 or the bond yields start jumping dramatically, that's the time to pay attention.
Liquidity is the name of the game for keeping the world and US economy rolling. When that lubrication is gone, the gears grind up and something breaks and the system crashes.
EXCELLENT UPDATE.
Thank you! I'm glad you like!
If youre interested in more, I recommend listening to this podcast that I heard today:
(22 min - 5min of commercials) Financial Heresy: The Treasury Market is Beginning to Fail
Episode webpage: https://omny.fm/shows/financial-heresy/the-treasury-market-is-beginning-to-fail
Media file: https://chtbl.com/track/5899E/podtrac.com/pts/redirect.mp3/traffic.omny.fm/d/clips/e73c998e-6e60-432f-8610-ae210140c5b1/676aa053-222f-4424-828e-af17016de7c5/ecf5a3d6-7451-4598-9104-b12c014a2928/audio.mp3
Another more lengthy one I recommend starting at 24:50. The monetary base is the reserves of the fed and currency and coins in circulation. That is the only money that actually exists.
(1hr 10min) The Human Action Podcast: The Fed's Milkshake Brings All the Foreigners to the Yard
Episode webpage: https://mises.org/podcasts/human-action-podcast/feds-milkshake-brings-all-foreigners-yard
Media file: https://dts.podtrac.com/redirect.mp3/cdn.mises.org/2024-03/HAPod-437-20240301.mp3
Think Mirror?
11.3 > 3.11
Or European date 11(day) 3 (month) 1024 (year)
We had an emergency bank lending program?
Of course we did/do. Can't expect banks to bail themselves out of bad decisions can we? They win, we pay. They lose, we pay. That's the American free market at work my friend.
They have been floating these banks as much as they could from sinking. But that is only delaying the inevitable.
🤭
double meanings.
So am I buying SPY puts? lol jk fuck the stock market
Think mirror
Answer this... Why would the deep state funded and operated Fed, let their system collapse?
Because WH's are in charge...🎉
POTUS moved Control to the Treasury! 💥
What does this mean for us though? Is my money gunna be gone? Am I gunna be able to buy food, gas and building materials?
It might be a bit dicey, BUT, around that corner ahead is prosperity beyond belief and TRUE freedom... I know, I'm an optimist... 😎
Ive been hearing this and I'm hoping this is true and part of the great awakening. Some of the things going on it sounds like we might be moving to an asset backed currency. I don't grasp the full implication of that, but I just know it's going to be better for all of us and we won't be debt slaves anymore
The last 111 years have been under debt slavery where any real backing of currency was eliminated (1933, 1971) to replace hard assets, the FRN was elevated to a petrodollar status which all confidence in the United States to honor..blah blah. Actually, no one alive remembers the gold held by all citizens before 1933 and that the citizenry hid their gold coins which explains the commonality of vintage gold coins being available to collectors now. I have stacked silver to a fair degree by method of trading a $5 coin for a tube of silver eagles-it happened 2-3 times. I'm ready for a moon shot..
no. for couple of months. convert savings to some hard real assets
Several small banks are going to go belly up for sure. Hard to know exactly which ones. Others are going to be consolidated into larger banks to prevent their collapse.
Assuming you don't exceed the FDIC insured limit your money should be protected. But that doesn't mean it will be available immediately. There isn't enough money in the FDIC to bail out all the banks that are about go under over the coming weeks. Watch for all this to go down before end of April or so.
Eventually they'll do something to make you whole for your covered deposits, but you may not be able to withdraw it for some time. I'd suggest taking out some extra now if you aren't banking at one of the major banks and plan on needing more than just basic living expenses over the coming weeks.
Would I still be able to use a debit card to buy things?
This requires a crystal ball, which sadly I don't have.
Whatever systems are eventually established will obviously have their use cases. I'm sure some of them will include the ability to make small transactions digitally. Personally, I find digital transactions for brick and mortar shopping counter productive and unpleasant, and so I will push to continue cash (likely backed by gold) for that purpose. But I know others feel differently, so I'm sure there will be systems that are created for it.
For purchases online, there are already options to pay in crypto currencies like Bitcoin, which can function similarly to a debit card. I would expect these will survive in some form.
Moved control of FED under treasury. Rothschild’s banksters couldn’t manipulate shite like they could before. This happened in 2020. It is taking sooo darn long to kill this FN thing!
Why is Janet Yellen on currency then?
The Fed is ready to collapse the system and move everyone to their CDBC and social credit scores. As for the white hats, the last thing they want is for the system to collapse under the next Trump administration. So the time is now.
they sucked as much money out of the population as they could without open conflict. Now they destruct the system and hope to do the same in the next system
They know the people won't willingly move into cbdc. So they shall "controled collapse it and I'm gonna assume they try and jazz up the cbdc make it double purchasing power for bills etc to entice people to change . Then they rug the usd.
To bring in their new monetary system, with CBDC and social credit Scoring to CONTROL everyone like a Canadian or I mean Chynese.
So think mirror?
Well... we are more than 1/2 way through 3-11... and nothing dramatic has happened yet. Only 10 more hours to go.
7.3T budget dropped today as well, with Trump talking about Bitcoin on CNBC ahead of it.
LFG!
I just asked about this in general chat and here it is. Thanks for posting! This is what I read.
https://x.com/777TimeTraveler/status/1767048029885108584?s=20
Ariel again. He consistently trends on X. Interesting post.👇🏻 https://x.com/prolotario1/status/1767238382164267279?s=61
When I saw Trump's post saying, "It's Over", I felt like it was supposed to mean more than Bidet's speech was over.
Here's the only q drop with "It's Over" in it...
https://qagg.news/?read=2298
u/#q2298