All the ideas of the WEF are located here.
A lot of stuff.
https://www.weforum.org/reports
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All the ideas of the WEF are located here.
A lot of stuff.
https://www.weforum.org/reports
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Where's the smoking gun regarding the reset of all debts and thus wiping out all assets? What entity would be capable of doing such a thing?
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It all relates to the debt. The world is approaching $300 trillion in debt. The bond markets for Japan is already cooked and the EU is right there. They cannot finance their spending. This is a major problem for them and other countries. The UK's 2YR just went negative for the first time. How long until the market pushes the US lower.
It is no secret that Trump didnt play well with others. With Biden entering, the international community is going to be able to implement their plans.
Raoul Pal talks about how central banks are going to reset their currencies in unison. Why would they do this? Because if anyone defaults on their debt, its currency gets obliterated. However, if a number of countries do it at the same time, everyone is on par. Of course, this kills the FX market.
All assets are not going to be wiped out, just those of the debtors. The governments are still going to need funding and after defaulting on their debt, investors aren't going to have confidence in the bond market for a number of years. Thus, they are going to have to do what they do best: pillage.
This is all part of the ideas of guys like Klaus Schwab, the head and founder of the WEF. So what you are looking at is a collective effort of the EU, Canada, and the US along with the central banks and IMF.
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So, we have a handful of centralized shitheads coming together in the belief that they can fix the shit we're in through centralized planning.
The million dollar question is how this is going to affect the cryptocurrency market.