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World News See other World News Articles Title: Russian Predicts Maniacal Overreach Will Collapse US Economy Can you hear that? The screeching in the distance? The drip that is getting louder and louder? It’s happening. RT: One of Russia’s richest men has warned that the American economy is currently in a very challenging situation, due to global overreach. Tycoon Oleg Deripaska make the comments using his Telegram channel on Friday. He believes the underlying economy cannot take the weight of the country’s enormous government debt and exorbitant spending. “Reckless militarization, sanctions against everyone, and military adventures around the world have already cost this country almost $33 trillion,” said the billionaire, who was sanctioned by the US last year. However, he provided no details on where this figure came from. Deripaska noted that the US has never come so close to the bankruptcy of public finances. This is true. It’s happening right now. This guy said this stuff before the Deutsche Bank crisis that happened a few hours ago. The show has already begun. “Printing more money is useless. Therefore, they will quietly discuss how to raise the debt ceiling in Congress,” he explained. “Lots of heads will roll this spring in Washington,” he said, adding that this will pave the way for peace in 2025. Is this guy reading my website? It’s always nice to see top people repeating things I’ve said, I can tell you that. According to the founder of the world’s second-largest aluminum company, Rusal, Washington also faces the problem of unsecured deposits in regional banks that amount to nearly $17 trillion. Earlier this week, unnamed sources told Bloomberg that the US Treasury Department is reviewing whether federal regulators have sufficient emergency authority to temporarily insure deposits greater than the current $250,000 cap on most accounts. The measure is reportedly being sought by the Mid-Size Bank Coalition of America, which includes banks with assets of as much as $100 billion. If they add extra insurance, it is going to absolutely cause hyperinflation. In itself hat might not matter to you if you own a significant amount of real estate, and/or if you have a lot of debt. Countries do survive hyperinflation. But we are looking at a total collapse of the global financial system. Probably. Maybe. Who knows? It sure does feel like that though, no? Furthermore: if I were the Chinese, I would trigger it right now. They have about 17 different ways they could do that. It would cause an extreme crisis in their own country as well, but unlike the Jewnited Snakes, China has been preparing for that sort of thing. What’s more, given the aggression of the JS in recent months and years, the people will not blame their own government for a collapse, which will allow the government to maintain order. By bringing the global financial system to the brink, the Jews have simply guessed “the Chinese would never do something like that.” But again: if I were the Chinese, I would. There is no way the Chinese are going to make it to top global power without some kind of pain, and if they can get a kill shot on Uncle Shlomo, it seems like this would be the time to do it. Post Comment Private Reply Ignore Thread
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