Originally published at: DEUTSCHE BANK'S SOLUTION FOR AMERICAN DEBT CRISIS IS A KNEE-SLAPPING HOWLER
Deutsche Bank has a plan - they’re calling it the Pennsylvania Plan - for America’s debt crisis, and the plan is - as my parents used to say - a howler, a knee-slapping, side-hurting riot of laughter. The plan is outlined in the following article shared by S.C.G., who also included a few high octane…
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Proposal? I think this is Bessinger’s plan. Perhaps appropriate that USA citizens have to foot the bill for government over-spending vs sovereign governments. One of the messages DJT government has been sending is we want to stay the world reserve currency. Freedom to print money is one reason but another reason is the rising use of stablecoins through out the world to perform day to day transactions. The dollar may be on an off the cliff trajectory but most third world currencies are worse. So citizens immediately upon receipt buy stablecoins with their pay. How does that benefit USA? The people who run stablecoins buy short term treasuries (auditable BTW) to ‘back’ and ‘stabilize’ the value of their issued coins. So in result USA short term treasuries become supported by dirt poor people throughout the world. No more sovereign wealth funds or foreign governments buying UST, it’s the little people all over the world.
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The Germanic tribes have been hunted for a long time, since the Romans at least. They always rebounced until today. It seems their spirit finally has been killed succesfully. Sadly, Germanic is by most only tied to Germany and in a negative way at that! In my opinion, sad and a big loss for the world in general. It seems “kaputt” for good this time!
The only way to keep the debt flowing is for the little guy to buy cbdc? Guess that explains trumps hard crypto turn and Why he was chosen for this “presidency”. The beautiful thing about his are we still talking about Jeffrey epstein line, is it helped clarify at least for me, that Trump knows he is playing a part, and that he’s closer to a private then he is a commanding general
Well, as I read recently, he is an incredible showman - NYC RE, reality TV, etc. - so he was selected to entertain the population (or drive them nuts) while the real PTB execute their plans.
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Trump has loads of media coverage everyday everywhere….Isn’t that a marketing tool? One would think the guy is a work alcoholic and never sleeps…