Thursday, September 19, 2024

The Ruination of Great American Cities

from The Epoch Times:

There was something deeply demoralizing about the recent Mayoral election in Chicago, once among America’s greatest cities. The good news is that the catastrophic reign of a deeply corrupt and crazed mayor, who piled egregiously racist policies on top of one of the worst COVID responses in the country, came to an end. The bad news is that a guy who is arguably worse took her place.

De-dollarization is spreading and it’s not hard to see

from RT:

The major global economies are shifting and the clues are there for those who know where to look

De-dollarization is increasingly making headlines and signs of it are everywhere.

New sources of non-dollar finance are emerging. There are new bilateral agreements to trade and lend in currencies other than the US dollar. Even more importantly, major oil trade buyers and sellers – Moscow and Riyadh as much as Beijing and New Delhi – are agreeing to trade it in non-dollar currencies. These deals are destroying one of the main pillars of dollar dominance since OPEC quadrupled and then doubled oil prices in the 1970s, giving countries around the world a major reason to demand and hold dollars. 

WAGNER GROUP WARNS RUSSIA THAT THEY MAY EXIT BUKHMUT DUE TO LACK OF AMMO

by Harvey Organ, Harvey Organ Blog:

THE CROOKS RAID GOLD AND SILVER ON PHONY JOBS REPORT: GOLD CLOSED DOWN $30.30 TO $2016.90//SILVER CLOSED DOWN 31 CENTS TO $25.64//PLATINUM CLOSED UP $20.95 TO $1062.20 //PALLADIUM WAS UP $45.75 TO $1504.40//COVID UPATES/DR PAUL ALEXANDER/VACCINE IMPACT/SLAY NEWS//RUSSIA VS UKRAINE UPDATES/SUDAN WAR UPDATE//WAGNER GROUP WARNS RUSSIA THAT THEY MAY EXIT BUKHMUT DUE TO LACK OF AMMO

OPERATION BANKING SYSTEM COLLAPSE

from State Of The Nation:

Controlled Demolition In Progress of All Banks That Are Not TOO BIG TO FAIL

But what exactly are the Khazarian banksters up to with this black operation?

Fed’s Balance Sheet Plunges by $230 Billion in 6 Weeks, Biggest such Plunge in 14 Years

by Wolf Richter, Wolf Street:

Massive gyrations on the balance sheet after FDIC’s take-down of First Republic, sale of its assets to JP Morgan, and FDIC’s loan to JPM.

Today we were served a special spectacle on the Federal Reserve’s weekly balance sheet. Total assets dropped by $59 billion in the week, and by $230 billion in the six weeks since peak bank bailout, to $8.50 trillion, as QT continued on track with a big Treasury securities roll-off, and as First Republic, the FDIC, and JP Morgan were splattered all over this balance sheet.