Entry Submitted by Vee at 1:47 PM ET on May 22, 2023
Could this be the golden egg weekend we are hoping for ?
Seems everything may be trickling to this, being a 3 day weekend.
We got the debt ceiling issue that seems to be a major ordeal.
Counties over the world are in dire straits.. broke.
I post that article about China calling in the IOU’s on several countries. I think this is 2 fold.
One is, if they have FRN in reserve and hand them over to China to pay it’s debt, it will consolidate them into China’s hands to use willy nilly. They’re worthless anyways. The Treasury really needs them FRN as we are being told.
2nd. by putting the squeeze on these counties, it may induce them to join the BRICS and then they may get help through it, and not the IMF or world bank.
Vee
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