TruthArchive.ai - Tweets Saved By @MikeCristo8
@MikeCristo8 - MikeCristo8
🚨🚨🚨 Basically, China is no longer trading dollars, which means U.S. Treasury bonds to BRICS (and those wanting to join BRICS) are now worthless. Japan printed Trillions (at zero rates) in yen to buy U.S. Treasury bonds and profit the spread. If the debt obligation is not worthwhile, then the paper value of that debt is worthless. Now the yen will hyperinflate against a collapsing dollar (U.S. Treasury bonds), Which means the yen is being dumped by foreigners. Because China no longer accepts Dollars. There’s your JPYUSD carry trade unwind. See @KimDotcom tweet below. @DarioCpx @JoeBiden @KamalaHarris @federalreserve @USTreasury @SecYellen @MichelleObama @BarackObama @BillClinton @HillaryClinton @WhiteHouse @marcorubio @ChuckCallesto @bennyjohnson @DeItaone @ecb @Lagarde
@MikeCristo8 - MikeCristo8
🚨🚨🚨ALERT ALERT ALERT🚨🚨🚨 The collapse of Bitcoin will come when the sovereign bond market collapses. The Fed ending BTFP all coincides with Basel III In that the Bank of Japan must be Basel III compliant by March 31st, 2024 (this month) Janet Yellen will need to issue $5 trillion in new bonds this month (March). That’s NEVER going to happen for her. At a time when foreign dollar holders are repatriating their ($150 trillion) dollar reserves to buy back their own currency from the U.S. Treasury. EXAMPLE: Iraq is using their U.S. dollar reserves to buy back their Dinar from U.S. Treasury which is pushing the exchange rate of the Dinar up considerably. Then those countries are using *that currency exchange swap to acquire the renminbi in the 4X for the oil trade. (Foreign dollar holders are just using those dollars to swap out for renminbi) This is why Japan is ending negative rates, where the Bank of Japan uses their Dollar reserves (bonds) to buy back their yen from the U.S. Treasury. Japan raising rates means they’re going to collapse their bond market. (Basel III) Bitcoins intrinsic value is ZERO. There IS NO Bitcoin without Dollar liquidity. (i.e. U.S. Treasury bonds) Whomever is buying UST bonds with yen is a shadow bank. This is where the QFS comes in. The U.S. Dollar is likely to crash this month. Photo courtesy of @frankoz95967943 @FixTheFed @USTreasury @SecYellen @federalreserve @thesiriusreport @rawsalerts @WhiteHouse @BarackObama @MichelleObama @HillaryClinton @BillClinton @ecb @JoeBiden @KamalaHarris @Lagarde
@MikeCristo8 - MikeCristo8
To the Dollar Bulls and dollar Macro establishment 🚨🚨🚨why would poor countries print their local currency to acquire dollar reserves (get a loan from the U.S. Treasury) if they can’t use those dollars in the oil trade?? No oil exporter that I know of is taking U.S. Treasury notes... The Federal Reserve is done! There IS no Fed pivot coming. Now let’s review 👇👇 In August of 1971 when Nixon ended the gold standard, No one wanted dollars, Then in August of 1973, Henry Kissinger put a gun to Saudi’s head saying “you must sell oil in dollars” Viola, the Petrodollar was born, Now the U.S. Treasury could “export inflation” as they call it by loaning out Treasury notes to poor countries who needed oil. The U.S. Treasury creates a dollar bond to sell to poor counties who need oil. Very profitable for the U.S. because the poor countries currencies were not pegged to Saudi oil, where they needed dollars, And the U.S. Treasury bonds show up as a liability on poor countries own Treasury‘s balance sheet, where the poor countries Treasury department printed their local currency by creating another asset (a bond). Via their banking and central banking network. That carry trade then created an asset for the U.S. Treasury balance sheet that allowed Janet Yellen to create a liability side (in which financial assets were pumped) by the U.S. Treasury exporting dollars. Those dollar bonds are the liability side of a poor countries balance sheet. This is what allows poor countries to get oil from Saudi Arabia. On the 5th of December, the OPEC peg to the U.S. Dollar was removed. The Dollar no longer has a monetary value in the international marketplace for oil. Because, Of the loss of the oil peg. Now, please tell me the value of the dollar (that is no longer pegged to oil) held as a liability to Treasury departments balance sheets of poor countries? If the Dollar can no longer be used to get OPEC oil??? ZERO The poor countries can’t use those dollars (through the carry trade) to get oil anymore. The dollar is now on parity to their local currency (of the poor country). So the dollar liability of a poor countries Treasury balance sheet known as “reserves” has an intrinsic value of what? ZERO Then what is the “value” of the asset side of the U.S. Treasury that created that/those Dollar bonds to export inflation?? ZERO And due to the exchange rates, the U.S. Treasury has probably exported $100 trillion in dollar liabilities to poor countries to acquire oil. With a dollar that is no longer pegged to oil that poor countries can no longer use, The intrinsic value of the Dollar is what? ZERO! If Zimbabwe can no longer use U.S. Treasury notes to get oil on the global markets, then tell me how a U.S. Treasury note is any different than a Zimbabwe Treasury note?? Neither currency has an oil peg. O.K. Now substitute a Zim bond in lieu of a U.S. Treasury bond as the new collateral in the G7 swaps (Because the dollar is “no longer” anchored to oil). The collateral, a U.S. Treasury bond, has no intrinsic “value” to the G7 in swaps, because swapping out a U.S. Treasury note for a Zim note, has exactly the same value in global oil trade, Neither currencies can get OPEC oil. Therefore ALL the dollar (collateral) carry trade swaps between global central banks is worth ZERO. 🚨🚨🚨THE FEDERAL RESERVE UNDER NO CIRCUMSTANCES IS GOING TO RE-INFLATE THAT $100 TRILLION PILE OF DOG SHIT! Now do you ALL SEE your own dollar Ponzi collapse? To all the macro investors and dollar bulls, Your credibility is on the line. 🚨🚨🚨let me put it this way; If I were U.S. Treasury Secretary Janet Yellen, and I gave you a Zimbabwe Treasury note and a U.S. Treasury note, and I said, “O.K. Now go buy me some oil from OPEC i.e. the UAE” (or Saudi Arabia, or any other oil exporter) What currency would you use?? (🚨🚨🚨see below, part 2) (🚨🚨🚨retweet out)
@MikeCristo8 - MikeCristo8
(Part 2) 🚨🚨🚨Now then, please tell me what the value of the dollar collateral (held in swaps) by central banks around the world is then? So if you are an economist like @steve_hanke and you go on the @davidlin_TV making outlandish statements that the Fed is going to pivot, There are a number of people making these claims of a Fed pivot. That worked in 08-09, that is NOT the mode-operandi this time. 🚨🚨Because the value of the dollar collateral (in swaps) has collapsed. People’s credibility is going to be on the line. This is why I think the GOLD RV is very imminent. @realstewpeters @Sprinter99800 @RandPaul @gatewaypundit @BillAckman @sama @SamanthaLaDuc @satyanadella @RobertDowneyJr @gdb @joerogan @FT @WSJ @Forbes @elerianm @ElectionWiz @BarackObama @unusual_whales @MattWallace888 @KimDotcom @marcorubio @HawleyMO @tedcruz @marklevinshow @gurgavin @MarioNawfal @AOC @spectatorindex @TheInsiderPaper @thesiriusreport @stillgray @elonmusk @disclosetv @DougAMacgregor @TuckerCarlson @jsolomonReports @PeterSchiff @TaraBull808 @alx @davidicke @Cobratate @VivekGRamaswamy @EdKrassen @CatoInstitute @eliant_capital @GoldTelegraph_ @JoeBiden @KamalaHarris
@MikeCristo8 - MikeCristo8
To ALL the people that follow me, 🚨🚨Go to minute 18:00 (video below) and watch @JackPosobiec talk, the economics of a NATO-Russia **nuclear war. 🚨🚨Jack is saying everything I have been telling you! 🚨🚨The Dollar carry-trade within the G7 Central Banks has collapsed! @Prolotario1 the Dollar financial system has collapsed NATO needs a nuclear war with Russia. (or so it thinks) Polands PM Donal Tusk, a globalist is the main driver that will eventually push Poland troops into Ukraine to invade Russia. Like the Lehman crisis that happened on Sept 15th, 2008, 🚨🚨The monetary establishment cannot allow the banking system (within the G7) to open on Monday without major plumbing overhaul this weekend. This is why I think the GOLD RV is very imminent. @realstewpeters @Sprinter99800 @RandPaul @gatewaypundit @BillAckman @sama @SamanthaLaDuc @satyanadella @RobertDowneyJr @gdb @joerogan @FT @WSJ @Forbes @elerianm @ElectionWiz @BarackObama @unusual_whales @MattWallace888 @KimDotcom @marcorubio @HawleyMO @tedcruz @marklevinshow @gurgavin @MarioNawfal @AOC @spectatorindex @TheInsiderPaper @thesiriusreport @stillgray @elonmusk @disclosetv @DougAMacgregor @TuckerCarlson @jsolomonReports @PeterSchiff @TaraBull808 @alx @davidicke @Cobratate @VivekGRamaswamy @EdKrassen @CatoInstitute @eliant_capital @GoldTelegraph_ @JoeBiden @KamalaHarris
@MikeCristo8 - MikeCristo8
🚨🚨🚨ALERT ALERT ALERT🚨🚨🚨 To add to @DarioCpx tweet below 🚨🚨How the G7 Central Banks collapse ALL at once… Because the dollar was pegged to Saudi oil, the G7 Central Banks (Bank of Japan) printed their own local currency (bonds), to acquire dollars (U.S.Treasury bonds), $1.1t worth, This not only strengthens the other G7 currencies by holding dollar bonds (because the other G7 currencies were not pegged to Saudi oil), But now the U.S. Treasury could create a double entry bookkeeping scheme (you create the asset, the bond. Then you created the liability, a deposit), This allowed the U.S. Treasury (through Blackrock-Vanguard etc etc) to acquire cheap foreign assets of poor countries and denominate them in dollars, that created a huge equity market, Now, all the other currencies within the G7 could do the same as long as they held the dollar carry trade on their central bank balance sheet, The Euro system could then inflate Ponzi assets, Remember, the G7 currencies would be nothing without the **Dollar Saudi oil peg. The Fed funds rate is still 5.5% for the other G7 Central Banks that hold dollars. And to keep the G7 local currencies from collapsing against a stronger dollar, and to suppress bond yields against rising dollar interest rates, The G7 Central Banks printed Like Crazy (their own currency). O.K. Now remove the Saudi oil peg from the dollar that occurred on December 5th, 2023 during Putin's visit to UAE/S.A. Remember how the G7 Central Banks printed their local currencies to acquire dollar bonds? And to keep interest rates suppressed? The dollar peg to the other G7 Central Banks that allowed them to also inflate financial assets via the yen, the euro, the pound, etc etc. Now that the Arabs have removed the oil peg from the dollar, what is the value of the yen, the euro, the pound, etc etc and their corresponding financial assets? ZERO! What is the value of the dollar at 5.5% interest rate for the G7 to hold Dollars that no longer have an oil peg? ZERO! If the G7 were to unwind the dollar carry trade, and because the G7 no longer wants to pay 5.5% interest on a dollar that no longer has an oil monetary anchor, And now because the yen, the pound, and the euro financial assets are worthless without the Saudi dollar oil peg, do you think the Federal Reserve would want to buy back their own **worthless dollars (from the G7) at 5.5% interest rate when their dollar no longer has the Saudi oil peg??? NO! 🚨Welcome to the financial collapse everyone. And the Bank of Japan can “fluff” their balance sheet all they want, They aren’t getting any oil. And they’re still going to blow up! Dumb shit Ueda! RETWEET this out so everyone understands how the G7 Central Banks ALL go down at once -Cheers (See below) @BillAckman @sama @JoeBiden @JeffBezos @satyanadella @RobertDowneyJr @gdb @joerogan @FT @WSJ @Forbes @elerianm @BarackObama @unusual_whales @MattWallace888 @KimDotcom @marcorubio @HawleyMO @tedcruz @marklevinshow @gurgavin @MarioNawfal @AOC @MarioNawfal @spectatorindex @TheInsiderPaper @GoldTelegraph_ @thesiriusreport @Prolotario1 @stillgray @elonmusk @disclosetv @DougAMacgregor @RealAlexJones @ParikPatelCFA @KanekoaTheGreat @TuckerCarlson @TaraBull808 @JackFarley96 @alx @jsolomonReports @PeterSchiff @PrestonPysh @davidicke @balajis @Cobratate @VivekGRamaswamy @EdKrassen @Jason
@DarioCpx - JustDario 🏊♂️
#JustDarioDaily 🚨YES - THEY ARE IN COMPLETE PANIC 🚨 One month ago, I wrote about the "PANIC BEHIND CLOSED DOOR" (post below), and at that time, I literally said: "Imagine what would happen to Joe Biden's approval rating if the #stocks bubble he inflated to the stratosphere implodes right now. With Jerome out of the game, Joe needed his Janet Tinker Bell to spread some magic dust and make sure the #BOJ didn't implode [reference to #Japan] and bring down the whole house of cards." Fast forward, isn't this exactly what's happening? 🤷🏻♂️ What Jerome Burns did yesterday is not only an insult to Paul Volcker's legacy but is a clear statement that Central Banks have completely abandoned their goals of financial and monetary stability to serve a very specific political agenda that clearly doesn't have as its priority the well-being of future generations. 🤦🏻♂️ Coming next year, we are going to have US, UK, and Japan elections with the 3 respective governments in charge dealing with one of the lowest levels of popular support surveyed in modern times. All they have left to hang on is an unbelievable #stocks bubble they keep trying to use as proof of "how good things are" in one of the greatest efforts of brainwashing of the masses.🙄 I bet my butt that they are aware a big institution is in a critical situation RGHT NOW, and to whom pays attention, the signs are everywhere: 🚩- T-Bills market under pressure, now daily, during US overnight hours (https://x.com/dariocpx/status/1735214574557626540?s=46&t=Hz7-qku8ZNVPw6L9nBJOZA) 🚩- An unstoppable flow into the safety of money market funds OUT OF #STOCKS (Chart1) that accelerated in the past weeks 🚩 - Critical macro assets like $JPY, affecting trillions of leverage, now swinging like #dogecoin (https://x.com/dariocpx/status/1735171676239982912?s=46&t=Hz7-qku8ZNVPw6L9nBJOZA) 🚩- Overnight REPO agreements spiking at levels that are multiples of when $SVB $FRC and $CS went bust earlier this year (chart 2) I have highlighted many times lately how #BOJ actions denote an incredible state of panic, and now the fact that all other major central banks are coming to the rescue remarks how critical the situation is, greatly ignoring the fact that ultimately, the population will bear the burden for all these reckless actions. 🙈 I am confident that in a few hours, the ECB will do the same because "breaking the ranks" now will undermine all the efforts. 🥹 When I wrote the post "a december to remember" (https://x.com/dariocpx/status/1729501881796645119?s=46&t=Hz7-qku8ZNVPw6L9nBJOZA), I highlighted how bankers and money managers aren't investing their personal savings in #stocks, but they are all pretty much in bills or treasuries. Ask yourself why.🤷🏻♂️ I don't see anything #bullish in what's going on, quite the opposite, and whoever wants to argue against, please do it (politely) in the comments with factual evidence, and I will be more than happy to swallow back my words. 🙏🏻
@MikeCristo8 - MikeCristo8
🚨👉 Henry Kissinger's dead 🚨👉 The Petrodollar's dead 🚨👉 U.S. Treasury bonds are dead 🚨👉 U.S. Banks are dead 🚨👉 Janet Yellen's a liar 🚨👉 Jerome Powell's a liar 🚨👉 Kevin McCarthy is fucked! 🚨👉 The $175 million going to Ukraine is Zelensky's parting gift to GTFO -Cheers everyone P.S. see my 5:13PM tweet from yesterday @BillAckman @sama @JoeBiden @JeffBezos @satyanadella @RobertDowneyJr @gdb @joerogan @FT @WSJ @Forbes @elerianm @BarackObama @unusual_whales @MattWallace888 @KimDotcom @marcorubio @HawleyMO @tedcruz @marklevinshow @gurgavin @MarioNawfal @AOC @MarioNawfal @spectatorindex @TheInsiderPaper @GoldTelegraph_ @thesiriusreport @Prolotario1 @stillgray @disclosetv @htsfhickey @BossBlunts1 @JackStr42679640 @KobeissiLetter @DougAMacgregor @ParikPatelCFA @KanekoaTheGreat @TuckerCarlson @JackFarley96 @AltcoinGordon @alx @davidbelle_ @fejau_inc @jsolomonReports @PeterSchiff @PrestonPysh @davidicke @balajis
@MikeCristo8 - MikeCristo8
🚨🚨🚨Russia's Central Bank Chief Elvira Nabiullina has to also sign currency PEG agreements with OPEC members (UAE-Saudi Arabia) Nabiullina has already signed PEG agreements with China President Xi
@MikeCristo8 - MikeCristo8
🚨🚨ALERT ALERT ALERT 🚨🚨 The U.S. Banksters 🏦 Are ALREADY plugged into the Quantum Financial System (via @Reuters) 🚨Putin signs the currency PEG agreement tomorrow! (Wednesday) Anytime after the agreement signing, China is likely to turn up the gold price to $2,200 immediately which goes into the weekend, Oil price dramatically drops. Remember fiat vs gold price. Likely on Monday, China raises the gold price to $2,500 and collapses the U.S. fiat dollar oil price to between 40-$50 bbl. The U.S. Treasury bonds are no longer the “global reserve asset” collateral that trades global oil to value America’s debt. There’s your U.S. Treasury bond sovereign debt collapse. By China collapsing the U.S. fiat oil price to 40-$50 bbl. JPMORGAN Jamie Dimon knows what’s coming next week. There’s your true reset. Next weeks FOMC meeting will mean nothing because the U.S. Treasury bond will be no more. Powell won’t need to worry about rates in a non-existing U.S. Treasury bond(s) Everything falls down next week! -Cheers everyone P.S. I called the peg agreement at 2:00AM last night @BillAckman @sama @JoeBiden @JeffBezos @satyanadella @RobertDowneyJr @gdb @joerogan @FT @WSJ @Forbes @elerianm @BarackObama @unusual_whales @MattWallace888 @KimDotcom @marcorubio @HawleyMO @tedcruz @marklevinshow @gurgavin @MarioNawfal @AOC @MarioNawfal @spectatorindex @TheInsiderPaper @GoldTelegraph_ @thesiriusreport @Prolotario1 @stillgray @disclosetv @htsfhickey @BossBlunts1 @JackStr42679640 @KobeissiLetter @DougAMacgregor @ParikPatelCFA @KanekoaTheGreat @TuckerCarlson @JackFarley96 @AltcoinGordon @alx @davidbelle_ @fejau_inc @jsolomonReports @PeterSchiff @PrestonPysh @davidicke @balajis
@MikeCristo8 - MikeCristo8
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@MikeCristo8 - MikeCristo8
🚨🚨🚨WOULD I LIE TO YOU ABOUT THE FEDERAL RESERVE BLOWING UP NEXT WEEK ??🚨🚨🚨 🚨I want to clarify the plumbing of the Fed & G-SIB’s to show impending credit implosion of both the Fed and the banking system🚨 🚨🚨The reason why the banks will collapse next week, is because the U.S. Treasury bond no longer meets the collateral requirements for tier 1 capital. 🚨🚨U.S. Treasury bonds no longer serve as the (global reserve asset) collateral that trades oil to value America’s debt. The Federal Reserve’s ($2.3t) reverse repo is credit (the Feds liability) that values the Feds collateral (their asset), which are mortgage-backed securities (once valued at $2.3t). FOOTNOTE: the Feds asset, MBS was $2.3t against the Fed’s liability ($2.3t reverse repo which is the credit the Fed themselves created). The Reverse Repo is Now $768bn. The Feds reverse repo are the G-SIB’s bank reserves or assets which are held at the Fed via the reverse repo. The G-SIB’s are draining their bank reserves from the Fed’s reverse repo which is the Fed’s liability (the $2.3t original credit created) for lifting the mortgage-backed securities from the G-SIB’s balance sheet. Once the G-SIB’s drain the Fed’s reverse repo (their bank reserves held at the Fed), There is no credit (liability side) with which to value the Fed’s collateral which are the mortgage-backed securities. Credit values the asset Once the credit (G-SIB’s bank reserves) is drained, What I’m saying is the Fed’s collateral, the mortgage-backed securities will become valueless because the Fed’s credit account (the liability side) has been drained. The U.S. Treasury bond (dollar trade) is being unwound. The G-SIB’s liabilities are the deposits that funded U.S. Treasury bonds through the corporate bond market. Under Basel III regulations, the U.S. Treasury bond is no longer considered tier 1 collateral (bank assets) to their balance sheet that hedges against a banks liabilities. The U.S. Treasury bond carry trade is being unwound which is draining the reverse repo. Once the reverse repo is drained, remember they are bank reserves (a bank asset), Once the reverse repo is drained, the G-SIB banks have no more assets, and the Federal Reserve no longer has a liability side (which is the credit) that values the mortgage-backed securities on the Federal Reserves balance sheet which is the collateral. If the G-SIB banks have no more assets (the reverse repo i.e. bank reserves), to hedge against their collapsing liabilities (U.S. Treasury bond unwind), the G-SIB banks blow up. The Fed is forbidden from going into QE, so there will be no more credit (Fed liability/revers repo) with which to value the collateral (mortgage-backed securities) on the Feds balance sheet. Why would the Federal Reserve allow the G-SIB’s to drain from the reverse repo (which are really bank reserves/assets) against the collateral (MBS, held at the Fed) if the Fed can just go into QE. Part II below (very important) ALSO see my 2:37PM tweet from yesterday. @BossBlunts1 finally figured out some. Banks will have ZERO liquidity by next Friday as the reverse repo will be sucked dry. @BillAckman @sama @JoeBiden @JeffBezos @satyanadella @RobertDowneyJr @gdb @joerogan @FT @WSJ @Forbes @elerianm @BarackObama @unusual_whales @MattWallace888 @KimDotcom @marcorubio @HawleyMO @tedcruz @marklevinshow @gurgavin @MarioNawfal @AOC @MarioNawfal @spectatorindex @TheInsiderPaper @GoldTelegraph_ @thesiriusreport @Prolotario1 @stillgray @disclosetv @htsfhickey @JackStr42679640 @KobeissiLetter @DougAMacgregor @ParikPatelCFA @KanekoaTheGreat @TuckerCarlson @JackFarley96 @TaraBull808 @AltcoinGordon @alx @davidbelle_ @fejau_inc @jsolomonReports @PeterSchiff @PrestonPysh @davidicke @balajis
@MikeCristo8 - MikeCristo8
(Part II) ANSWER; ISO 20022 prevents the Fed from ever doing QE again. The G7 Central Banks Are going down. Why isn’t the macro establishment NOT talking about this very important detail? It really may be over for the Fed next week! Because liability (credit) the G-SIB’s issued to value the U.S. Treasury bond asset(s) is being undone due to Basel III and ISO 20022. What do you think the MBS is backed by? The “liability” credit (the reverse repo) the Fed created. When the reverse repo is drained, the MBS will be backed “by nothing at all” And you can talk yourselves until your blue in the face But that’s how central bank plumbing works. America has to win on every trade deal, and so the U.S. policy is to control other countries by war, because the U.S. can’t win a trade war or run serial trade deficits because it’s deindustrialized and the U.S. Dollar no longer trades global oil. The BRICS solution to the U.S. Trade war is to offer mutual gain, collectivism, and mutual trade. The U.S. empire can only survive by sucking value out of the reset of the world. Which it can no longer do. Because U.S. Treasury bonds no longer serve as the collateral that trades oil to value America’s debt. enjoy your weekend everyone! @BillAckman @sama @JoeBiden @JeffBezos @satyanadella @RobertDowneyJr @gdb @joerogan @FT @WSJ @Forbes @elerianm @BarackObama @unusual_whales @MattWallace888 @KimDotcom @marcorubio @HawleyMO @tedcruz @marklevinshow @gurgavin @MarioNawfal @AOC @MarioNawfal @spectatorindex @TheInsiderPaper @GoldTelegraph_ @thesiriusreport @Prolotario1 @stillgray @disclosetv @htsfhickey @BossBlunts1 @JackStr42679640 @KobeissiLetter @DougAMacgregor @ParikPatelCFA @KanekoaTheGreat @TuckerCarlson @JackFarley96 @TaraBull808 @AltcoinGordon @alx @davidbelle_ @fejau_inc @jsolomonReports @PeterSchiff @PrestonPysh @davidicke @balajis
@MikeCristo8 - MikeCristo8
🚨🚨🚨Remember folks, the U.S. Treasury bond (the dollar) pumps financial assets that benefit the oligarchy🚨🚨🚨 🚨🚨🚨The renminbi as a "global reserve asset" to oil, digs gold out of the ground from emerging market economies.🚨🚨🚨 🚨🚨To develop new currencies for oil trade. 🚨🚨🚨Understanding China’s renminbi internationalization and the OPEC oil trade🚨🚨🚨 🚨🚨OPEC is cutting back production to the U.S. as the Dollar (petrodollar) is phased out.🚨🚨 🚨🚨BRICS doesn’t need Argentina because Brazil will become a member of OPEC🚨🚨 🚨🚨Let’s walk through this🚨🚨 What happens if the world's biggest energy exporter (Russia) and the world's biggest energy importer (China) who also both have large gold reserves decide that gold should buy more oil than the paper markets say they do in London? Now China controls the world’s oil supply. Of course, because oil is the primary collateral of the debt, gold is the primary asset that trades against oil to value that debt. If China controls the world’s oil supply through physical gold at a discount to the dollar, then China dethrones the Dollar. If oil is the liability of the debt and gold is the reserve asset against the liabilities (oil), you can expunge the liabilities (the debt the RMB has created), against your gold reserves. Basically, by this method (gold/oil), you can re-balance (settle your trade deficits) your accounts out to zero monthly. The gold/oil trade allows poor countries to industrialize without taking on debt. China is only going to charge poor countries central banks 0.5% to hold renminbi as reserves. What is the current Fed funds rate? 5.5% And by holding RMB as reserves, Poor countries can then use their local currency (because renminbi is gold-backed) to go into the market and acquire OPEC oil so they can start industrializing. A poor African country could have a one year annual GDP of 2.5% and they pay China 0.5% administrative fee to China to hold RMB as reserve, a poor African country can build a road, a school, etc etc. The poor country’s annual GDP is then 2% and they can build off that. So if you’re a poor country and you need oil, who’s giving you the better deal? The dollar or the renminbi ? Do you want a U.S. Dollar at 5.5% interest (because the dollar is inflating), or do you want a gold-backed renminbi at 0.5% interest with zero percent inflation? There is no need for the world to finance the dollar ever again. 🚨🚨U.S. Treasury bonds are toast! China’s goal by internationalizing the renminbi is to help poor countries dig up their gold in the ground, helping poor countries develop their own oil and gold-backed currency reserves. China is allowing poor countries to do currency swaps USD to RMB on the forex. Poor countries are dumping their dollars. So if you hear dollar bulls tell you poor countries need more dollars to service their dollar debt, No they don’t, because U.S. Treasury bonds are no longer the "global reserve asset" for oil trade. 🚨GOLD is the new “global reserve asset” for oil trade 🚨Those countries holding dollar reserves will then spend them! If poor countries spend their dollar reserves, then they don’t have to pay 5.5% interest on those dollars to the U.S. Treasury department. 🚨🚨poor countries reject dollar investment 🚨🚨 Every little country in the world is contemplating a new Harbor they need to build, or investment in their education system, or a health service. They now have two power blocs with which to turn to for investment (a loan, a grant, a trade deal, opportunity for students to get a higher education) 🚨They can turn to a debt soaked West which is a declining power, or they can go to a new and powerful East which is a rapidly ascending power. And you can imagine where they're going to go. @financialjuice @FT @WSJ @Forbes @tedcruz @HawleyMO @JoeBiden @KamalaHarris @sama @satyanadella @marklevinshow @JeffBezos @disclosetv @thesiriusreport @GoldTelegraph_ @GRDecter @gdb
@MikeCristo8 - MikeCristo8
@123XRP589 @Prolotario1 UBS has collapsed The U.S. banks have collapsed. They do indeed have to delete the collateral or the global banking system implodes. As I said in my 10:15pm tweet last night Here is the confirmation in this tweet. And from @DarioCpx tweet
@MikeCristo8 - MikeCristo8
🚨🚨🚨ALERT ALERT ALERT🚨🚨🚨 🚨U.S. TREASURY BOND DEFAULT 🚨 OVER THE THANKSGIVING WEEKEND U.S. TREASURY SECRETARY @SecYellen And @federalreserve CHAIRMEN JEROME POWELL Are going to 🚨”delete”🚨 the entire $34 TRILLION TREASURY BOND MARKET OFF ALL THE BOOKS! 🚨THERE’S YOUR GREAT RESET🚨 -HAPPY THANKSGIVING EVERYONE 🦃 🦃🦃 P.S. @JeffBezos didn’t just sell 10 million Amazon shares today for nothing! 🚨ISO 20222 🚨Target 2 System (euro) 🚨Quantum Financial System (China) 🚨GOLD-as “global reserve asset” @sama @satyanadella @Prolotario1 @DarioCpx @MarioNawfal @KimDotcom @MattWallace888 @DougAMacgregor @RealScottRitter @JoeBiden @KamalaHarris @tedcruz @HawleyMO @RudyHavenstein @RafiFarber @CollinRugg @JeffBezos @BillAckman @Lagarde @ecb @QTRResearch @KobeissiLetter @spectatorindex @Apple @GoldTelegraph_ @goldseek @thesiriusreport @FT @Forbes @WSJ @neelkashkari @DeItaone @stillgray
@DarioCpx - JustDario 🏊♂️
⚠️ANOTHER ONE FOR THE #DTCC “WEIRDER THINGS” RECORDS ⚠️ According to this note below, the Cusip ID of a UBS bond due to settle tomorrow has been “deleted” 🤨 So now bonds don’t default anymore because they will be deleted before failing to settle? 😆 https://t.co/iDSYeoyEVc
@MikeCristo8 - MikeCristo8
You can never have an America first policy with a client oligarchy that serves the Rothschilds private banking cartel (G7). Why? Because the Rothschilds G7 central banks and their globally systemic, important banks (G-SIBs), like Goldman Sachs, JPMorgan Chase, or Bank of America, all these private banks are anti-labor and anti-union. After Richard Nixon, a Republican, ended the gold-standard, the currency was diluted in a soft default on U.S. debt, and that currency dilution drove down American wages which set the stage for forever inflationary pressures. Then Nixon and Kissinger opened up China to export U.S. high-wage jobs to low-wage China for greater corporate profits which served the Rothschilds banks via their client oligarchy. Any by Saudi Arabia selling oil in dollars, the birth of the petrodollar system emerged that enslaved the rest of the world through dollar credit where the Rothschilds through their client oligarchy, @BlackRock , the @IMFNews the @federalreserve the @StateDept and @USArmy were used to extract the worlds gold reserves from poor countries, Niger, W. Africa. To top it off, Bill Clinton, a democrat created NAFA which exported more American jobs to low-wage Mexico. The worlds gold would then be moved and stored at the New York Fed where the monetary authorities could suppress the price of gold in favor of fiat currency credit enslavement. The G7 central banks used interest rates to price money by coordinating monetary policy for credit enslavement and wage enslavement, while one central bank (in the G7) is raising rates, another central bank is lowering interest rates to not only to stabilize the capitalist system, but to keep real wage growth from happening. America was then “financialized” on the backs of exporting inflation (dollars) to poor countries, that allowed America and its client oligarchy to have a FREE lunch. The Fed can NEVER reach 2% target. -Ameriqa, the land of the FREE. @Mike_Pence @JoeBiden @IMFNews @WorldBank @EmmanuelMacron @vonderleyen @UN @ecb @EU_Commission
@MikeCristo8 - MikeCristo8
The meeting with America’s business execs did not go as planned (behind the scenes) The American Corporation is bankrupt and China did NOT bail us out! These men are nervous and anxiously waiting for their “next assignment”, Not the other way around @FT @BillAckman @JoeBiden @Sprinter00000
@MikeCristo8 - MikeCristo8
ALL of the advertisers are pulling from X today because the “real J6” tapes are released on X And also the elites get rug pulled on Monday. T2S and ISO 20022 Larry Fink (Blackrock) and Tim Cook (Apple CEO) did not get anything from Xi Jingping at Wednesday’s dinner What happens to $APPL stock on Monday when the Apple “hedge fund” is liquidated of U.S. Treasuries, and iPhone sales bottom out? (footnote; Alasdair MacLeod used to talk about the “target 2 system”, but I never made the correlation until today between T2S and ISO) Why would Citigroup announce massive layoffs beginning Monday? Citigroup doesn’t need people to manage a U.S. Treasury bond market that won’t be there come Monday. Why did Gavin Newsom really go to Beijing to see Xi Jingping? Gavin Newsom is a “Nobody” Because Biden wanted to liquidate California to China to get money from Xi to continue to fund the cabal (ooops, I mean the Federal Reserve). (How did the United States acquire the Louisiana purchase? The French had debts to pay.) **because the United States has debts to pay and no more financier’s. Why did the Bank of Japan collapse last night and got a temporary Fed “patch” while Xi was still in California? They have to keep the system going until 22:00 tonight when the reset starts. @BillAckman @DeItaone @federalreserve @JoeBiden @neelkashkari @MattWallace888