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I will be brief, as many experts are flooding the internet with dire reports about markets, investments, national currencies, and economic models. These are dire symptoms from a unstable international economy with mountains of odious debt.
I simply wish to state a few observations and ask you to remain alert and prepared.
America and the rest of the world are in recession (some would call it a depression).
Phoenix Capital Research reported:
Labor Market Conditions, Industrial Production, the Dallas Fed Workweek, Commercial and Industrial Loan Delinquencies, Corporate Debt Levels, and Inventory Accumulation are ALL in recessionary territory.
The British GBP and China’s RMB national currencies are under pressure.
China made a large devaluation with more expected.
“Responding to the plunge in offshore Yuan since the Brexit vote (down 7 handles to 5-month lows over 6.65), PBOC devalued Yuan fix by 0.9% (6 handles) – the most since the August crash – to Dec 2010 lows. Finally, we note USD liquidity pressures building as EUR-USD basis swaps plunge.”
I expect some major corporations will announce bankruptcy/insolvency.
I expect some-time-soon the mass media will start the reports about a currency/trade war, and deploy the blame game propaganda.
As I edit this report my Internet search revealed central bank of Israel and Korea times already talking about currency war:
Bank of Israel Chief: Currency War Taking Irreversible Toll on Business
Isn’t that the recipe for military intervention or justification for war?
The Elites Using BREXIT as a Cover:
Title: 6(9)/23, BREXIT AND THE #7
Video posted 27 Jun 2016
The First Casualty Of Brexit: Italy Prepares €40 Billion Bank Bailout
Scapegoating and the blame game by the elite globalists to hide their guilt.
“When Britain sneezes, Italy catches a cold. It is the weakest link in the European chain,” said Lorenzo Codogno, former director-general of the Italian treasury and now at LC Macro Advisors.
I call it a Depression – what else can you call a calamity that puts so many people out of work for so long.
I agree with you, and the bankruptcies or “insolvency” hasn’t been reported yet.
Jeff Berwick: 2016 a building year for the planned global banking order
Many alternative media sources are beginning to report about the federalization of Europe as a plan that was hatched many decades ago, and now it is public as an ultimatum for E.U. membership.
Title: Next Jubilee Jolt: In Wake of Brexit the EU Announces Ultimatum for Superstate
Video posted 28 Jun 2016
Will Lehr of PerpetualAssets.com interviews Jim Willie:
Title: The Corruption Cannot Stop The Masses ~ Interview with Jim Willie, part 1
Video posted 28 Jun 2016
Part 2 of 3
Part 3 of 3
Keep an alert-watch for the IMF’s SDR to morph into a super-sovereignty bond or a banking world currency to stabilize the world banking system. Download pdf: https://www.imf.org/external/np/pp/eng/2011/010711.pdf
That monetary operation would effectively end the dollar’s role as the leading reserve currency. Heck the international community seems to all be on-board when you throw in some connection to being linked or backed by gold bullion and continuing their system to print money in the interest of keeping a rotten system functioning.
This new SDR hybrid would become the leading global reserve asset.
2018 is fast approaching and the globalists have a lot to do!
Guess who leads the way?
See CHINA: http://www.marketwatch.com/story/china-aims-to-make-imfs-special-drawing-right-a-real-currency-2016-04-26
Zhou Xiaochuan, governor of the People’s Bank of China, says China will issue domestic bonds denominated in the IMF’s special drawing rights.
“LONDON (MarketWatch) — China appears likely to speed up promotion of the International Monetary Fund’s special drawing right under a plan to establish a platform this summer for SDR borrowing by Chinese and foreign entities on China’s onshore capital market.”
Title: Cross Out Zeroes Belarusian Ruble by Ratio of 10,000 1 now Redenominate s at July 1
Video posted 4 Jul 2016