The crypto exchanges were hacked, this is not as bad as it seems, the exchange was small and this is a centralized exchange system just like the banking system, this is why the exchanges are moving towards a decentralized system. China's credit impulse is taken a dive and this will most likely have an effect on the global economy. Argentina's peso is collapsing again, what will the IMF do this time. Christine Lagarde says the global economic outlook is getting darker, translation, the central banker system is coming under threat.
Thanks again, Dave, for keeping posted and informed.
I have heard to watch Deutsche bank and their derivatives in the tens of trillions.
Nicely on target Dave. The IMF is the piggy bank for the cabal. Look at the BOT (build, operate, transfer) infrastructure deals backed by the IMF.
Thanks Dave, Good report.
Looks like the more trouble that comes up the more Christine spends on jewelry . Someone should take a look at her collection . I’ll bet she’s spending some poor African nations water funds . LOL 😂
Of course, vein, artery, nerves, and muscle must be set right, the banking system is a big mess, and IT is very psychotic, I mean, look at open-source software, well, it fit together, but nonetheless as comparing as to a human body, the piece does not need to fit as well as for a society or a biological device, but quite of a bit of concordance; a minimum of organisation and flexibility is required for the economical, financial, and social transition to come up with developers and entrepreneur to come up with better solution which seek to find a stable yet efficient equilibrium.
IT is by design very interesting to study financial flow, and people's mindset, when it is about to regulate dept, duty, and due, over time, with requirement of patience, as for software engineer and architect.
As a systemic engineer from passion, reputation's velocity can be quite confuse, when it is about information technology, more than that, most groups have intransitive relationship and directed acyclic planning, and societal's vertices are quite a big deal.