Resetting the Financial System
Slowing the Economy right down
As Financial Derivatives, especially those in the Credit Market became totally unsustainable, a reset of the Global Financial System was inevitable and could only be achieved if the Economy was slowed right down.
My thoughts in <2:00 mins.!!
Thanks again for watching.
Stephen
The Feds are flooding the market with cheap credit.
This cheap credit will flood into the derivative market and not the real economy. The way the Feds react during a financial crisis pretty much always favors the fake economy over the real economy.
The Fed has issued a $1.5trillion line of credit and have said that they will effectively issue unlimited credit to keep the System alive.
By rolling over toxic debts and move them onto their Balance Sheet has been done time and time again.
However, this time there is an aggressive move to attempt to slow the Economy right down.
The last time this was done was back in the late 1920's.
The only difference this time is that we are about to embark on a new System built around #Blockchain and Distributed Ledger Technology.
A big difference and one that has no room for toxic debt.
Stephen
Most of the money in the blockchain comes from the financial community and very little from real business or the people at large.
So, what is likely to happen is that the derivatives of the new will be recorded on the blockchain and traded programmatically.
Since the instability comes from the derivatives, loading it with derivatives will make the system even more top heavy and even more unstable.