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Ray Dalio’s Shorting The Entire EU


Salvator Rosa Heroic battle 1652
A point BOE Governor Mark Carney made recently may be the biggest cog in the European Union’s wheel (or is it second biggest? Read on). That is, derivatives clearing. It’s one of the few areas where Brussels stands to lose much more than London, but it’s a big one. And Carney puts a giant question mark behind the EU’s preparedness.

Carney Reveals Europe’s Potential Achilles Heel in Brexit Talks

Carney explained why Europe’s financial sector is more at risk than the UK from a “hard” or “no-deal” Brexit. [..] When asked does the European Council “get it” in terms of potential shocks to financial stability, Carney diplomatically commented that “a learning process is underway.” Having sounded alarm bells about clearing in his last Mansion House speech, he noted “These costs of fragmenting clearing, particularly clearing of interest rate swaps, would be born principally by the European real economy and they are considerable.”

Calling into question the continuity of tens of thousands of derivative contracts , he stated that it was “pretty clear they will no longer be valid”, that this “could only be solved by both sides” and has been “underappreciated” by Europe . Carney had a snipe at Europe for its lack of preparation “We are prepared as we should be for the possibility of a hard exit without any transition…there has been much less of that done in the European Union.”

In Carneys view “It’s in the interest of the EU 27 to have a transition agreement. Also, in my judgement given the scale of the issues as they affect the EU 27, that there will ultimately be a transition agreement. There is a very limited amount of time between now and the end of March 2019 to transition large, complex institutions and activities…

…click on the above link to read the rest of the article…

John McCain Is Pushing For War With Russia: “What Has Been Set Into Motion Is Still In Motion”

John McCain Is Pushing For War With Russia: “What Has Been Set Into Motion Is Still In Motion”

mccain1

The “Founding Father” of Ukraine
Could only be Senator John McCain
As Civil War splits East and West
Johnny smiles and takes a breath
(A few brain cells short) …nonetheless,
His plans unfolding once again.

 

What has been set into motion is still in motion and coming around for a second lap.  The consortium of John McCain (the ringleader with the Soros connections), acted with the “authority” of Barack Hussein Obama II and “independently,” aided by Victoria Nuland (commissioned by Hillary Clinton, also acting on behalf of Soros) and Lindsay Graham (a ventriloquist dummy in the hands of McCain).  What a team!  Arseniy Yatsenuk quacked and chirped under orders, until it was determined that he was too weak.

Yatsenuk couldn’t stem the tide of fighting between the self-proclaimed autonomous Eastern districts of Ukraine and the Kiev government.  The IMF had offered to pay the Gazprom bill of $9 billion to Russia, and Ukraine was well on its way in 2014 to becoming a part of NATO and another IMF puppet of Europe.  The Separatists had other plans, though, and Russia aided them and offered to support them in the manner of South Ossetia in the Georgian War of 2005.

The IMF realized that Yatsenuk was not strong enough to hammer down the Separatists, and guarantee the enslavement with interest to pay the $9 billion.  The IMF realized that under Yatsenuk, perhaps the entire country would either revolt, be permanently split, or that the Russians might come in.  Soros had a vested interest in all of this: Soros wanted to purchase billions of dollars-worth of contracts, leases, and buy options for the paltry sum of $50 million.  US interests (and hence Soros’ interests indirectly) and those of the IMF were falling by the wayside.

…click on the above link to read the rest of the article…

Is China About To Drop A Devaluation Bomb?

 

Though she had no intention of being funny, we laughed out loud, as undoubtedly many did with us, when incumbent and wannabe IMF head Christine Lagarde said last week in Davos that China has a communication issue. Of course, Lagarde knows full well that Beijing has much bigger problems than communication ‘with the market’. Or, to put it differently, if Xi and Li et al would ‘improve’ their communication by telling the truth about their economy, nobody would be talking about communication anymore.

Mixed signals from China, which is attempting to shift its economy away from exports and investment to a consumer-driven model, have deepened concerns about the outlook for world growth, she said. Uncertainty is “something that markets do not like”, Ms Lagarde told a panel of business leaders and economic regulators in the snow-blanketed Swiss ski resort. Investors have struggled with “not knowing exactly what the policy is, not knowing exactly against what the renminbi is going to be valued”, she said, referring to China’s currency. “I think better and more communication will certainly serve that transition better.”

The world’s second-largest economy this week announced its 2015 GDP growth as 6.9%, its slowest in a quarter of a century. The figure cast a shadow over the summit, where IHS chief economist Nariman Behravesh told AFP that Chinese policymakers had “fumbled” and had “added to the uncertainty and the volatility by their behaviour”. Mr Fang Xinghai, the vice-chairman of China’s securities regulator, said at the same panel that “in terms of communication, we should do a better job”. “We have to be patient because our system is not structured in a way that is able to communicate seamlessly with the market,” he added.

…click on the above link to read the rest of the article…

Ron Paul Stunned That George Soros Seeks To “Expand War In Ukraine”

Ron Paul Stunned That George Soros Seeks To “Expand War In Ukraine”

Earlier this week, using hacked and leaked documents and pdfs created by, among others, George Soros’ most recent wife who is less than half his age, we showed something fascinating: the puppetmaster behind the entire Ukraine conflict may be none other than George Soros himself. To wit:

Just days after George Soros warned that World War 3 was imminent unless Washington backed down to China on IMF currency basket inclusion, the hacker collective CyberBerkut has exposed the billionaire as the real puppet-master behind the scenes in Ukraine. In 3 stunning documents, allegedly hacked from email correspondence between the hedge fund manager and Ukraine President Poroshenko, Soros lays out “A short and medium term comprehensive strategy for the new Ukraine,” expresses his confidence that the US should provide Ukraine with lethal military assistance, “with same level of sophistication in defense weapons to match the level of opposing force,” and finally explained Poroshenko’s “first priority must be to regain control of financial markets,” which he assures the President could be helped by The Fed adding “I am ready to call Jack Lew of the US Treasury to sound him out about the swap agreement.”

Needless to say, there was absolutely no mention of any of this in the broader media. However, despite the limited distribution of this very fascinating story which casts a vastly different light on the Ukraine conflict than one shone by the mainstream, it did catch the attention of one person: Ron Paul.

In the following clip Ron Paul looks at the stunning implications of Soros’ involvement behind the scenes in Ukraine, how he may be pulling the strings in this most critical proxy war between East and West, and what he stands to gain.

 

…click on the above link to view the video…

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