Interesting conjecture on Sunak. I heard elsewhere that Truss’ role was as a placeholder til the white hats could fix the game for the next, presumably (??) close to final moves to takedown? All hearsay. I truly have no idea!!!
I am sooo uneducated as to miss the primary link between ECB fail -writing seems on the wall- and simultaneous BIS fail. I thought the City of London was the major power at BIS? I mean, yes the house of cards collapse is already in slow motion (though in the history it will be described as rapid, unprecedented, pick your astonishing speed adjectives). I suppose any sequence is speculation.
Also heard something about centralIZED bankING digital currency, meaning not central banks running the show -CBDCs as understood- but a system that by virtue of blockchain will not be broken up into national currencies - again to be clear no central bank control. Precious metals integral to value. ???
I know less than the tip of the iceberg about banking and financial markets. Woe. I’ll never catch up. Aiming for cash transactions as much as possible. My best contribution to any semblance of stability. Ugh.
Oct 25, 2022
at
6:43 AM
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