Berto Jongman: Known Debt Just Doubled — BIS Discovers $14 Trillion in Offshore Debt Hidden in Bank Statement Footnotes

03 Economy, Commerce, Corruption
Berto Jongman

BIS discovers $14 trillion of dollar debt offshore, hidden in ‘footnotes’ 

The world’s top financial watchdog has uncovered $14 trillion of global dollar debt hidden in derivatives and swap contracts, a startling sum that doubles the underlying levels of offshore dollar credit in the international system.

The scale of this lending greatly increases the risk of a future funding crisis if inflation ever forces the US Federal Reserve to tighten hard, draining worldwide liquidity and potentially triggering a dollar surge.

The Global Unit of Account is now shifting from the USD to the SDR – ITM Trading’s Lynette Zang

03 Economy, Commercial Intelligence

ITM Trading’s Lynette Zang Talks about shift away from the US dollar to the SDR as the global unit of account began back in May 2017. This shift is being ushered in and supported by China as power also shifts from the West to the East. The tool being used is the ACC (Asset Collection Chain), which digitizes tangible asset ownership into a tradable SDR. I consider this the most important event to date. Here is a link to the slides and information contained in Lynette’s presentation: http://bit.ly/2hM0Tyy

Anthony Judge: G-20 Fails Big, Global Recession Looms

03 Economy, Corruption, Government, Ineptitude
Anthony Judge

30 Questions for the Counter-terrorism Experts of the World  Raising the question as to why they are not effectively addressed

Anticipating Future Migration into Europe (2018-2050)  Beyond the irresponsibility of current political and humanitarian
short-termism, 2017)

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