Currency365, Ken Storey and Bix Weir Friday PM 7-24-2020
Currency365
C365 Intro/Kenneth Storey "Currency RV's & Chinese Bonds"
Jul 24, 2020
Mr Story starts at minute 8:45
When we do the Reval….some currencies will go up and some will go down to make them equel.
Articles in video:
China Suspends Debt Repayments For 77 Developing Countries And Regions
Even as whispers of a grand debt jubilee grow in the developed world, China on Sunday announced the suspension of debt repayment for 77 developing countries and regions as "the nation is working with other G20 members to carry out the G20 debt relief initiative for low-income countries," the Global Times reported, citing Chinese officials at a press briefing at the State Council Information Office. The debt moratorium comes after China announced in May it would provide $2 billion over two years to help other countries respond to the impact of the coronavirus pandemic.
Global 'Jubilee' Looms As G20 Finalizes Debt Relief Program For World's Poorest Countries
By Tyler Durden Sun, 04/12/2020 - 20:55
Hours after Pope Francis on Easter Sunday morning said the debt burden on the most impoverished countries should be forgiven (aka debt jubilee), the Financial Times is now reporting that the G20 group is nearing a critical "action plan" to freeze debt servicing payments for poor countries to stave off an emerging-market meltdown.
The new relief program could be finalized on April 15 on a videoconference of finance ministers and central bank governors. The plan would "freeze on sovereign debt repayments for six or nine months, or possibly through to 2021," the official told the Times.
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IMF Managing Director: The Great Reset
Bix Weir
ALERT! $5.2T Banker Bailout Needs $20T by Q4!!
Jul 24, 2020
I've been saying it for 3 years...the Bankers need $20 Trillion in Bailouts to kick the can just a few years further! I expect them to play catch-up from now until the end of the 3rd Quarter.
WATCH FOR THE ULTIMATE CRISIS AS AN EXCUSE!!