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Editor’s Note: I like how Anna Von Reits speaks intelligently to various points about “what is going on” in the fading USA right NOW (No Other Way)! However, Anna does not seem to recognize the need for a new way for handling $$ which is fair and equal for all.
After the final collapse of the petro-dollar (happening as Saudi Arabia refuses payments with USD), the current value system MUST change! And change it will, bringing abundance and prosperity to every single human on Earth…eliminating debt along the way, thereby erasing Babylonian debt slavery established long ago by aliens determined to control Earth for their own pleasure!
The process of Life requires forward movement…please “stay tuned” as Earth develops a new way under better circumstances allowing humanity to thrive, and then BE in…
Quantum Joy!
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By Anna Von Reitz F12.8.23 5:47am 4527
Here is the— unfortunately well-documented — expectation: a massive credit crisis and dollar devaluation will begin hitting on December 14th-15th.
All currencies in the western model will reset on a 1:1 exchange rate that is artificial. The idea behind this is to create buying power parity for all the national currencies and ‘retire’ the FRN from serving as the “Reserve Currency”.
Foreign countries will have to conduct business in their own currency, except for a few expenses.
I don’t have the computer programs to calculate the exact devaluation, but we are basically being blasted back to 1965. This, then, is creating a massive credit crunch as the banks are unwilling to extend loans at current values and have them paid back with devalued currency.
This is also collapsing the mortgage market. Wells Fargo is dumping AAA mortgages onto secondary market investors without full disclosure. And of course the mortgage derivatives market is going kabluey, too. All those mortgage backed securities will be in oblivion, which will kill the pension fund association investments.
In other words, it’s another dodge. They can’t dump the debt back onto the victims via bankruptcy fraud, so they are doing it by devaluing the currency, killing the credit market, and tanking the stock market.
We have four days left.
Rose Rambles... 