1/
The correct sequence of events ( last 2 years)
1.Summer of 2019:
the big American Banks stop accepting T bonds as collateral
The $4T Repo market starts showing distress
REPO :
borrowers offer U.S. Treasuries as collateral to raise cash
The correct sequence of events ( last 2 years)
1.Summer of 2019:
the big American Banks stop accepting T bonds as collateral
The $4T Repo market starts showing distress
REPO :
borrowers offer U.S. Treasuries as collateral to raise cash
2/
Then, they repurchase the T bonds back, by repaying the loans + rate of interest.
REPO market= the foundation of U.S. financial system, providing the liquidity for a functioning system:
4 big US banks have > 1/2 T bonds involved ( main one is JPMorgan)
Then, they repurchase the T bonds back, by repaying the loans + rate of interest.
REPO market= the foundation of U.S. financial system, providing the liquidity for a functioning system:
4 big US banks have > 1/2 T bonds involved ( main one is JPMorgan)
3/
The risk of a REPO collapse = systemic monetary collapse = complete destruction of the western financial system
2.September of 2019 :
The REPO market blows up , rates spike to 10% in mid September
BIS ( the mother ship ) raises the alarm
The risk of a REPO collapse = systemic monetary collapse = complete destruction of the western financial system
2.September of 2019 :
The REPO market blows up , rates spike to 10% in mid September
BIS ( the mother ship ) raises the alarm
4/
3.The Fed starts the following :
-buying Treasury securities + mortgage-backed securities
- the purchase of Treasury bills( Treasury securities with maturities of less than one year)
The Fed prints and supplies $350 B / day -$ 1000 B / day. WOW!
3.The Fed starts the following :
-buying Treasury securities + mortgage-backed securities
- the purchase of Treasury bills( Treasury securities with maturities of less than one year)
The Fed prints and supplies $350 B / day -$ 1000 B / day. WOW!
5/
4. It is not enough : panic spreads
The monetary collapse has not been averted.
This means :
all liquidity disappears because it no longer reaches the recipients
the economy totally stops
Everybody dies
Money velocity:
fred.stlouisfed.org/series/M2V
4. It is not enough : panic spreads
The monetary collapse has not been averted.
This means :
all liquidity disappears because it no longer reaches the recipients
the economy totally stops
Everybody dies
Money velocity:
fred.stlouisfed.org/series/M2V
6/
5.October 2019:
-Event 201 simulating a coronavirus pandemic is organized by The WEF & Gates Foundation & Johns Hopkins
Participants get a book with instructions
-World Military Games in Wuhan take place resulting in a few athletes being admitted to
5.October 2019:
-Event 201 simulating a coronavirus pandemic is organized by The WEF & Gates Foundation & Johns Hopkins
Participants get a book with instructions
-World Military Games in Wuhan take place resulting in a few athletes being admitted to
7/
Wuhan Hospitals with symptoms similar to covid-19 ( it was unknown at that time) +from which athletes returned home with a flu illness
6. November 2019 : China announces a new virus
7. Jan 2020:
- the Davos Summit
- China announced the lockdown
Wuhan Hospitals with symptoms similar to covid-19 ( it was unknown at that time) +from which athletes returned home with a flu illness
6. November 2019 : China announces a new virus
7. Jan 2020:
- the Davos Summit
- China announced the lockdown
8/
- W.H.O. proclaimed a global health emergency.
8.The Fed PUMPING MONEY is not able to stop the REPO market collapse , meaning the systemic collapse
7. Next move trying to stop it :
Stop THE DEMAND for loans from the global economy This means lockdowns
- W.H.O. proclaimed a global health emergency.
8.The Fed PUMPING MONEY is not able to stop the REPO market collapse , meaning the systemic collapse
7. Next move trying to stop it :
Stop THE DEMAND for loans from the global economy This means lockdowns
9/
Once again, they tried to save their crooked financial system at the expense of everybody else.
Once again, they tried to save their crooked financial system at the expense of everybody else.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
