Anonymous ID: ce6eef March 26, 2023, 8:48 a.m. No.18584301   🗄️.is 🔗kun   >>4389

US Bank Trouble Heralds The End Of Dollar Reserve System

 

Bank crisis not a credit quality problem but stems instead from now-impossible task of financing America’s ever-expanding foreign debt…

 

The US banking system is broken. That doesn’t portend more high-profile failures like Credit Suisse. The central banks will keep moribund institutions on life support.

 

But the era of dollar-based reserves and floating exchange rates that began on August 15, 1971, when the US severed the link between the dollar and gold, is coming to an end. The pain will be transferred from the banks to the real economy, which will starve for credit.

 

And the geopolitical consequences will be enormous.

 

The seize-up of dollar credit will accelerate the shift to a multipolar reserve system, with advantage to China’s RMB as a competitor to the dollar.

 

https://www.zerohedge.com/geopolitical/us-bank-trouble-heralds-end-dollar-reserve-system

Anonymous ID: ce6eef March 26, 2023, 8:57 a.m. No.18584325   🗄️.is 🔗kun

>>18584312

Organized Christianity has been on the path of it's own demise ever since accepting Constantine's deal of a lifetime to end the persecutions.

 

They made a deal with the devil that Christ wouldn't take. Now they'll reap their fate for that deal.

 

Real Followers of Christ should get out of these domination ASAP and not look back.