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Gold Telegraph
@GoldTelegraph
BREAKING NEWS
G20 WATCHDOG VULNERABILITIES IN NON-BANKS LEAVE DOOR OPEN TO SHOCKS
Ok.
“Non-banks, which include insurers, private equity, hedge funds and other investment funds, now account for almost half of global financial assets…”
Source: https://www.reuters.com/business/finance/vulnerabilities-non-banks-leave-door-open-shocks-says-g20-watchdog-2024-07-22/
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BREAKING NEWS
THE BANK OF ENGLAND WANTS BANKS TO USE LONG-TERM REPOS AMID LIQUIDITY DRAIN
Nothing to see here.
“So far banks have focused on short-term repo facility…”
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This month, the European Union will receive the first tranche of profits generated by sanctioned Russian Central Bank assets and will send €1.6 billion to U*****e.
The West has not thought this through.
It is wild to watch this unfold.
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The shift of control over the World Bank and International Monetary Fund to BRICS is only a matter of time.
This is according to a World Bank executive director representing Russia.
They are openly saying it now.
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Things are getting wild.
“When the foundation shakes.”
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Remember in 2023 when the CEO of America’s largest bank, Jamie Dimon, essentially said that short selling of bank stocks should be banned?
I do.
In 2008:
J.P. Morgan received $25 billion in taxpayer funding through the Troubled Asset Relief Program (TARP).
In 2022:
Jamie Dimon says there is truth to China’s claim that the United States is incompetent and lazy.
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A senior Japanese government member says the Bank of Japan should more clearly demonstrate its commitment to normalizing monetary policy.
“More clearly.”
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Even government members understand it is a circus at the Japanese central bank.
Good luck.
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So much of our financial system is a scam.
Nothing new, tho.
I have spent close to a decade pointing this out.
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CHINA
Holdings of US Treasuries:
Today: $768 billion.
2021: $1.1 trillion.
That is a $332 billion difference.
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