" I'll put it to you this way, it's my belief that Putin probably only participated in the G8 so that he could figure out ways to avoid it sanctions some 20+ years later. He has outwitted and confounded four sitting US presidents ("W", Obama, Trump and Biden, 2 Dems 2 rep BTW).
That wasn't all he figured out how to do.
‘Huge, Missing and Growing:’ $65 Trillion in Dollar Debt Sparks Concern
"For researchers at the BIS, it’s the sheer scale of the swaps that’s worrying. They estimate that banks headquartered outside the US carry $39 trillion of this debt -- more than double their on-balance sheet obligations and ten times their capital. Accounting conventions only require derivatives to be booked on a net basis, so the full extent of the cash involved isn’t recorded on a balance sheet."
Almost like somebody mighta figured that out a few years back huh?
I mean 65 trillion doesn't exactly just show up overnight right?
Do ya think?
How could that have possibly have happened, "unintentionally"?
I know, I know, no possible way it could be the guy that made his country pretty much immune to sanctions? Planned for a war of attrition the West didn't see coming? Developed weapons the west didn't have? Sold off $ and bought gold and made his economy a lot more self-reliant than most. Undermined our elections, turned our freedoms against us, just on and on and on...
It couldn't possible have been him could it?
I'm just reminded of an old gangster movie, Goodfella. Guy owns a restaurant/nightclub, gangster hangout, one gangster dont ever pay (Joe Pesci) and he assaults' the owner one night when he asked him to. Owner goes to the gangsters boss (Don, whatever) and says hey, we gotta do something about this, I cant go on like thi.? He ends up making the Don his partner in his establishment. Opps...now no gangsters pay lol, Don has access to owners lines of credit...maxes all of them out buying truckloads of liquor and food and then selling it at 50% of normal cost, who cares right? It's all free. It's all 100% profit, and when they finally come cause you cant pay your bills? You torch the place, you light a match and collect the insurance...
"They estimate that banks headquartered outside the US carry $39 trillion of this debt -- more than double their on-balance sheet obligations and ten times their capital. Accounting conventions only require derivatives to be booked on a net basis..."
"Accounting conventions"
Translation:
Well screw you any time we want once were good and ready.
That scene in that old gangster movie is the same exact storyline to me as:
QE led us to now, and now somebody somewhere sometime in the not to distant future...gonna light a match and torch this place, this isn't a crisis or a collapse this is the end of an economic system and its happening right in front of your eyes.
Do you not see?
" be ever seeing, but never perceiving.’ "
Isaiah 6:9
"...banks headquartered outside the US carry $39 trillion of this debt -- more than double their on-balance sheet obligations and ten times their capital."
I mean they are even telling you whats going to happen ahead of time. They knew at least a lil bit ago...
I mean what exactly is the difference except there wont be any insurance collection in our particular situation?
No comments:
Post a Comment