RE: The Petroyuan, Currency Reset, and the Great Awakening
This is a huge move for China! Finally doing something to combat the global reserve currency of the US dollar. Where so many others have failed.
As for us. . . Whatever we do it has to be swift and discrete.
A bill to audit the FED goes to the house floor this month too which I don't think is a coincidence.
Some see the blood in the water. .
While a currency reset is overdue, history shows those are hard times for the people. This time...on a global scale. Which if excited poorly, could only booster a shift favoring the Chinese 'petroyuan' in other nations trade exchanges. I think it will be a ways out before any hard USD reset. As that's a major move which only happens once in a lifetime. But lots of other tactics will be exhausted this month.
The canary in the cave sign is the health of the US bond markets. As in 07-08, that's where we kicked all that bad mortgage pressure back then. .
Then tried exporting it globally to soften the blow. That's why the next move like it will only be bigger, and more all-encompassing. An everything bubble.. if you will. If you look at history. we're overdue. . Hard to predict future timelines, but eventually, the rooters will come home to roost.
You add some great points. And yes, it is always difficult to predict future timelines. It is difficult to know how quickly the petroyuan will precipitate the collapse of the whole Western ponzi scheme, but it’s worth noting that the 400 trillion dollar derivatives market can unravel very quickly into an extinction level event for the whole market. At the same time, that’s exactly the kind of catalyst that would require bringing in a whole new system.
The economic reset and the cabal takedown are linked by necessity, for the takedown will be far easier to perform if the bankers funds are all frozen in a free fall, in suspended animation. It will also be the perfect timing, as it will harness global outrage and direct it at a world-uniting enemy and scapegoat.
Then there is the desire to draw this out for as long as possible, and as close to the midterm elections as possible, to maximize the political leverage... But the economic contagion of the petroyuan launch may force their hand relatively quickly. We shall see!