https://www.perpetualassets.com/news/201...im-willie/
Quote:By Jim Willie, The Golden Jackass, Editor of The Hat Trick Letter
The aggravated global financial situation is working toward a series of powerful climax events. The various USDollar platforms are either undergoing seizure or suffering from abandonment by primary players. The grand Reich Finance application is failing finally, with extraordinary lies, propaganda, market rigging, doctored statistics, and $trillion patches leaking. The Western banking system is being lashed at another level, after the multi-lateral lashing with derivatives tied the big Western banks all together following the Lehman killjob in 2008. A new global lashing has begun to show itself, yet another obscenity. Witness the export of QE globally by the USFed via the unlimited vast Dollar Swap facilities (massive slush funds). The new 5 BLICS nations under Western thumb are being used to purchase huge tracts of USTreasury Bonds, surely using Dollar Swap funds, on behalf of the USFed master criminal organization. One is left to wonder what the sweetener was for the five nations, like perhaps shared narcotics funds, or a promise of hidden banking system relief. The self-dealing using nations to buy USTBonds with free money has come to the fore, in another desperate attempt to save the system. It cannot be saved. It is cratering. It is rotting from the inside. It is fracturing. It will fail. The fiat paper currency system and its many attendant systems are seizing up, being rejected, and are failing in what has begun to be the grandest financial event in modern history.
Review many of the extreme events in progress to conclude a systemic failure occurring in full view. It will be very difficult to paint this wall effectively with a phony message before it crumbles and falls. World’s central banks hit the panic button in early May. Once again their actions are proving that all Western markets are rigged. For Germany and Italy each to sport negative (or near negative) bond yields on their 10-year security is a grand obscenity and perversion. Bond market bailout is constant, control universal, using derivative props, a true disappearance of free markets. The USTreasury Bond market has been effectively destroyed, the convulsion phase having begun. The QE is not stimulus, but instead more like an overdose of potassium to the heart. The USTreasury Bond market is dying a horrible death. It is ruined by USFed monetary policy, in parallel to the wrecked economies from capital destruction. QE is fast killing the USTBond market, whose dead features are easily identified. The systemic risk is rising quickly. A solution is urgently required, rooted in Gold.
USTreasury Bond market volume is down markedly to danger levels
USFed is the principal buyer, lapping up all paper sold
USFed soaks up Indirect Exchange in the $billions for foreign asset purchases
USFed uses fake money to cover hidden derivative losses in the $trillions
USFed balance sheet has turned toxic, with cancerous growth
REPO market dried up, stuck in reverse
Dollar Swap market dried up, stuck in reverse
Negative interest rates at big banks, stuck in reverse
Yields are hyper-sensitive with no stability, due to diminished liquidity
Money market funds are a wasteland with no returns given
Hidden Petro-Dollar damage from dismantled derivatives
Strain to the primary bond dealers (surprised not all dead yet)
Strain to pension funds and insurance companies, stuck in mud
The USFed is exploiting secondary nations to export QE, a global lashing.