Economy
See other Economy Articles
Title: All Electronic Assets Wiped Out in Fall Crash
Source:
USAWatchdog
URL Source: http://usawatchdog.com/all-electronic-assets-wiped-out-
Published: May 22, 2016
Author: Bix Weir
Post Date: 2016-05-24 22:18:38 by U don't know me
Keywords: None
Views: 620
Comments: 1
All Electronic Assets Wiped Out in Fall Crash By Greg Hunter On May 22, 2016 In Political Analysis 267 Comments Bix WeirBy Greg Hunter’s USAWatchdog.com (Early Sunday Release) Financial analyst Bix Weir has laid out a timeline for the next financial collapse that he says is underway. Bix explains, “It’s happening now, and it has been happening since the beginning of the year. Some of the big things on the time line and one of the bigger things to watch is the Deutsche Bank (DB) implosion. That’s going to be gigantic because Deutsche Bank is the largest derivative holder in the world. Their stock is plummeting, and they are begging for tier 1 capital. It’s all happening right now. The question is what is the day that Deutsche Bank throws up its arms and says we’re insolvent? We are many times insolvent, and that would just destroy the European markets. It will also destroy the U.S. markets because our biggest banks are invested in the sovereign debt of European countries. That’s how it is going to start, and I believe the end of the end will be the Deutsche Bank implosion. . . .This is why Deutsche Bank is paying huge interest rates now because they need to raise their tier 1 capital. They have to raise tier 1 capital before they report for the second quarter. They are in massive trouble. Their tier 1 capital is being destroyed by all these losses and lawsuits. Didn’t they lose $7 billion euros last year? . . . They need massive amounts of capital . . . and they are willing to pay 5% interest just to get past the second quarter. That’s the amazing thing. . . . Deutsche Bank is going to be gone by the end of the third quarter.” Weir wrote a recent article that said a “Trump/Sanders ticket would galvanize the nation.” A Trump/Sanders ticket this fall for the White House? Sound crazy? Weir predicts that things will get so bad “the USA must Unite or Die.” Weir contends, “If Trump wins it alone, you are going to see a revolution overnight. You are going to see mass rioting in the streets because there are so many people disenfranchised and angry. Where is the anger going to be placed when people lose their 401-Ks, checking accounts and savings accounts? The banks and the rich. You cannot have Trump leading us forward after that moment. You need both. You need the left and you need the right. I think Sanders and Trump have some kind of back deal going on with the people who are leading their campaigns. They are going to come together when this chaos happens. . . . Any other scenario and you can kiss the United States goodbye in a blink of an eye. The key is, with these guys (Trump and Sanders), they both love their country. They approach it in different ways, but they both love their country.” Weir expects his timeline to hit a financial crescendo in the September/October time frame. Weir says, “The Fed and the Treasury are controlling all markets with computer programs. I have proved this a zillion times. They are doing it with the programs that Alan Greenspan wrote in the 1960’s and 1970’s. It has always been the plan to destroy the dollar and go back to a gold standard. Everything is on lockdown. You are not going to see wild swings and crashes until it’s time to pull the plug. Right now, they are getting everything in line. . . . There are all kinds of things being put into place before they click that mouse and crash the system. . . . It’s so easy to do. Computers are unbelievably powerful. They are more powerful than we know. . . . Silicon Valley doesn’t have the most powerful computers. It’s the Fed, the Treasury and the military that have the most powerful computers. . . .They can end it in a blink of an eye.” Weir ends by saying, “Right now, the idea is to control it and keep the system going until we get into mid to late summer. Then, the plug is going to be pulled. Then, the bad guys will be exposed, and then we have a bigger problem. They are going to force Trump and Sanders to come together for the good of the country because we have to be united going into this. . . .The crash will be electronic. All electronic assets will be frozen and be wiped away. Exchanges will not be open. . . . Nothing will be open and nothing will reopen. We will get rid of the nanny state. . . . There is no way we are ever going to pay off this debt. If there is a crash in the markets, and all the debts and electronic assets were wiped clean, we would win. The U.S. is the largest debtor nation in the world. That was always the plan.”
Post Comment Private Reply Ignore Thread
Top • Page Up • Full Thread • Page Down • Bottom/Latest
#1. To: U don't know me (#0)
>>Deutsche Bank is the largest derivative holder in the world. Gee it's almost like Douche Bank was the primary warehouse lender for the fraud-ridden mortgage originator owned by Dubya's Ambassador to the Netherlands, or something...
Top • Page Up • Full Thread • Page Down • Bottom/Latest
[Home] [Headlines] [Latest Articles] [Latest Comments] [Post] [Mail] [Sign-in] [Setup] [Help] [Register]