12/7/2021 - HUGE INTEL DROP #4 (Global Financial Crisis)

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xotrevor
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12/7/2021 - HUGE INTEL DROP #4 (Global Financial Crisis)

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The US Inc. government debt has now reached $29 trillion. The size of the 2008 bank bailout was also $29 trillion. It was in that 2008 that US Inc. was declared bankrupt and has been functioning on a fiat US Dollar ever since. Also in that 2008 and so the world could get away from the fiat US Dollar, the BRICS Alliance was formed to do a Global Currency Reset to gold/asset-backed currencies. No wonder US Inc. was declared officially broke on Fri. 3 Dec. and no longer legally able to print fiat US Dollars.Congress changing the deadline for the government to reconcile it’s debt to Feb. 2021 won’t change the fact that US Inc. was broke and had no monies to pay federal employees, much less Social Security recipients, or anyone else.https://twitter.com/GoldTelegraph_/stat ... 6906374144

Bitcoin “FLASH CRASH” sees value drop over one-fifth. The world’s largest cryptocurrency wiped out positions worth over $2 BILLION at the weekend, which has left speculators wondering whether a wider reset is unfolding. (Sky News) Bitcoin started Monday on the back foot and was trading at around the $47K mark — down from historic $69,000 highs just over a month ago in October. The “flash crash” as experts have called it, may be partly due to whisperings from Washington that the US will attempt to pass legislation to rain in the popular cryptocurrency.

GLOBAL financial crash fears have erupted due to $24bn now at risk in debt-ridden property giant, China Evergrande. https://www.express.co.uk/finance/city/ ... ld-finance

Chinese developer Evergrande admitted it may formally default. With $10 billion in property bonds maturing in January alone, officials are under pressure to keep the sector from collapsing. https://twitter.com/Reuters/status/1467 ... 40355?s=20

Chinese developer Sunshine 100 China Holdings Ltd said on Monday it had defaulted on a $170 million dollar bond due to liquidity issues. https://www.reuters.com/markets/rates-b ... 021-12-06/
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