Advertisement

MikeCristo8: LIBOR Ends, Dollars Now Indexed to SOFR, Basel III Starts October 1

0
809
Advertisement

MikeCristo8
@MikeCristo8

LIBOR officially ended today.

Dollars are now indexed to SOFR.

Basel 3 starts October 1.

Do you all see where the Fed is going here?

When Basel 3 kicks in next month.

Japan will forced to massively sell dollars.

And raise interest rates.

______________________________________________________

Advertisement

______________________________________________________

Are you ready for what’s coming?

Why are big U.S. banks deleveraging their balance sheets?

It’s the end of LIBOR people.

Eurodollar bonds are taking a big s**t.

Affecting U.S. stocks.

The Fed wants to end the ECB.

And no they aren’t cutting rates.

______________________________________________________

Advertisement
______________________________________________________

When Japan raises rates.

S**t really will go down.

Before the e******n.

Jerome Powell will not save you this time.

Few understand this.

The Federal Reserve is in its final days.

The stock market collapse.

Please understand what’s going on people.

LIBOR vs SOFR

The City of London and Brussels.

______________________________________________________

Advertisement
______________________________________________________

Borrowed 10’s of trillions in Eurodollars at the London LIBOR rate from U.S. banks (it’s more likely it’s over $100 trillion).

Now as of today the *borrowed Eurodollar’s are not indexed to LIBOR but now have SOFR indexing.

This is causing those bonds in the ECB and the national central banks in the E.U. to be massively sold back those Eurodollars to the G-SIB banks from which they came from. (Derivatives).

This is leading to the 50% stock collapse that will likely happen before November.

Then you have Basel 3 kicking in on October 1.

U.S. Treasury bonds no longer meet collateral requirements for G-SIBs starting Oct 1

It’s all coming down now.

Source(s):
https://x.com/MikeCristo8/status/1830778771508748742
https://x.com/MikeCristo8/status/1830810784836001864
https://x.com/MikeCristo8/status/1831037386215817643
https://x.com/MikeCristo8/status/1831096162126070047
https://x.com/MikeCristo8/status/1831117401955697015
https://x.com/MikeCristo8/status/1831128613481267283

______________________________________________________

If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________

All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.

Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.

Copyright © Dinar Chronicles

Advertisement

LEAVE A REPLY

Please enter your comment!
Please enter your name here