National Currencies Very Volatile or Currency War?

Post BREXIT vote: British pound's greatest decline!
⇑ $  €  £  ¥  ⇓
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.
https://www.phoenixcapitalmarketing.com/stockmarketcrash.html

Markets reveal:
The British GBP and China’s RMB national currencies are under pressure.
China made a large devaluation with more expected.
Zerohedge reported:
“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.
Oops!
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

Brexit and currency war

Isn’t that the recipe for military intervention or justification for war?

All Wars Are Bankers' Wars
.
RELATED ARCHIVES:
https://ronmamita.wordpress.com/2016/05/04/u-s-treasury-fears-the-currency-war-issues-threats/
https://ronmamita.wordpress.com/2016/01/29/career-investors-and-economists-still-shocked-when-central-bankers-deceive-them/
https://ronmamita.wordpress.com/2016/01/22/greece-austerity-faces-first-2016-protests-against-reforms/
https://ronmamita.wordpress.com/2016/02/12/finance-ministers-in-a-panic/
https://ronmamita.wordpress.com/2016/02/16/venezuela-declares-food-crisis-and-economic-emergency/
https://ronmamita.wordpress.com/2016/03/25/2016-worldwide-economic-data/
https://ronmamita.wordpress.com/2016/04/14/g20-gang-of-twenty-banksters/
https://ronmamita.wordpress.com/2016/05/19/brazil-crisis-something-hides-behind-the-scenes/
https://ronmamita.wordpress.com/2016/05/19/the-naked-u-s-economy-exposed/
https://ronmamita.wordpress.com/2016/06/09/career-professionals-question-official-stories/
https://ronmamita.wordpress.com/2016/06/26/brexit-fallout-slowly-exposing-globalist-policy-plans-at-risk/
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5 comments on “National Currencies Very Volatile or Currency War?
  1. RonMamita says:

    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.
    zerohedge.com:
    “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.

    Like

  2. I call it a Depression – what else can you call a calamity that puts so many people out of work for so long.

    Like

  3. RonMamita says:

    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.”

    Like

  4. RonMamita says:

    Title: Cross Out Zeroes Belarusian Ruble by Ratio of 10,000 1 now Redenominate s at July 1
    Video posted 4 Jul 2016

    Like

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The Worldwide Awakening
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