Friday 23 December 2011

Free (3) Trillion Dollars


3 times this.....
 
 
daven
December 22, 2011
...
@om The lawsuit DOES NOT NEED TO BE ENFORCEABLE.

That's the beauty of it. Because, you see, the lawsuit is about a breach of bonds contract laws. If the gold is not returned and the bonds are not honored, then therefore, US Treasury notes and bonds will not be honored. That will be the determination of the global market.

Right now, people are flocking to US treasuries because, supposedly, it's "safe". BWAHAHAHAHAHAHAHA!!!!!!!!

If the lawsuit is not honored, the Asians will have FULL RIGHTS to exercise the NUCLEAR FINANCIAL OPTION, which is to DUMP almost 3 TRILLION, that's Trillion with a capital T, of US Treasury bonds and notes on the market.

I've posted earlier that the Dragon families have essentially forked the Financial Oligarchs in a triple attack with just this one move.

No matter WHAT the bond issuers do, they are F--ked. Do you have any idea what just 500 billion, let alone 3 TRILLION of US Treasuries thrown on the market will do to the US and the Western Financial System?

It's called the Financial Armageddon of the West.

It's called oversupply, a full scale devaluation of the worth of the Treasuries, a massive spike in the interest rate of the bond, and a double if not triple load on the amount of interest burden that will placed on the US Federal Government.

The US Treasury will have no choice but to service that debt with almost 50% to 75% of all tax receipts. What do you think that will do to Federal functions, from military industrial complex's wars to basics like food stamps, or US congressional salaries? There will be no money or credit whatsoever to take care of that.

And that's JUST with US Treasuries. Consider what that'll do to the Derivatives market, with one QUADRILLION in bets on loans aka CDS (Credit Default Swaps, aka Loan Insurance). That includes BETS on US Treasuries.

I call that the Event Horizon of a Credit Black Hole from a full scale Derivatives implosion. Everyone's bet that that the US Treasury debt will stay at low interest rates.

Just a one or two percent increase in the interest rate from a full scale dumping of say 500 billion in Treasuries, will bankrupt literally, hundreds of banks, from JP Morgan to Goldman Sachs, who bet on the wrong side of the equation.

Wait till this law suit gets to court. And even if it doesn't make it to court, you ain't seen nothing yet.

Remember, they didn't nail Al Capone on murder, racketeering, or larceny. Want to know what they got on him?

Tax evasion.

All da best,
Da Asian Brutha

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