π¨ A FORMER WORLD BANK PRESIDENT JUST RAISED A SERIOUS RED FLAG
HE SAYS THE FEDERAL RESERVE IS NOW CARRYING MORE THAN $1 TRILLION IN LOSSES β AND THE NUMBER CONTINUES TO GROW, EFFECTIVELY OPERATING LIKE A GIANT HEDGE FUND THAT BENEFITS FINANCIAL ELITES.
ACCORDING TO HIS CLAIMS, THE FED IS BORROWING FROM BANKS AT AROUND 5.4% AND THEN FUNNELING THAT MONEY INTO GOVERNMENT BONDS, A STRATEGY THAT MAKES PUBLIC FINANCES LOOK STRONGER THAN THEY REALLY ARE.
BUT HEREβS THE BIGGER WARNING:
THIS ISNβT JUST A U.S. PROBLEM.
HE ARGUES THAT CENTRAL BANKS AROUND THE WORLD MAY BE USING THE SAME PLAYBOOK, POTENTIALLY HIDING MUCH DEEPER RISKS ACROSS THE GLOBAL FINANCIAL SYSTEM.
Patriot Rising
We share very few sentiments with our government.
Look at that stupid grinning clown. They steal money hand over fist until they can't get away with it any longer, then they make the announcement that all the money is gone somehow.
Next: Request the latest "too-big-to-fail" bailout