The Global Financial System Is Failing As A Resurgence Of China Defaults Threatens An All-Out Crisis! - Steven Van Metre
“There’s one overriding fact. The entire financial system of the Western world is in private unelected unaccountable hands, the hands of people who meet in absolute secrecy. The Bank for International Settlements (BIS) every four five six weeks has a meeting of the top governors of the banks, and they meet in absolute secrecy. And they have the big banking families and so forth, they all meet up. The ‘minutes’ are never made available and they decide on the money creation and the money supply of the world. But none of us are allowed to know anything about it.” ~Justin Walker, 03/20/2023
China’s holdings of US Treasuries slid to US$859.4 billion in January from US$867.1 billion in December, representing a sixth straight monthly decline China’s holdings fell to their lowest point since May 2009 amid dropping yields and growing threats of financial sanctions from Washington.
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