The US is secretly bailing out the entire UK economy to prevent the world from collapsing in on itself. It's fucking over. We now have evidences the Fed is secretly bailing out the EU banks, Billions injected each week, because they are so bankrupt they can't even service the interests of their USD denominated debt toward foreign actors.
It's anything but trivial. It means the liquidity crisis have gotten so bad, the reserves held of US bonds by EU countries they started to sell when the interest rates started to creep up already dried up, and it only lasted few months. We are at such critical point that the only way their USD denominated debt get paid is for the US to give them money, to then get it back right after.
So if you think the current -40% in the stocks market, the complete implosion of the bonds market, the shortages, the real inflation at 19%, the insane trade balance deficits, the energy crisis, etc.. were bad enough, rejoice. It will get a LOT worse very very soon, as (((they))) will trigger the mechanism they quietly installed after the Cyprus crisis : the bail-in system.
Now you know why this summer they lowered the threshold of secured money for bail-ins on retail's bank accounts down to nothing (It's then the state bank guarantee funds who can refund up to 10K, but protip : those "guarantee funds" are fucking empty).
The banksters will soon loot everything the yuropoors have on their bank accounts, to then deliver it to their US masters.
This is not a nightmare, this is the world we live in, and it will come as a thief in the night (they don't want to risk a bankrun right before of course). If you are an EU resident : get everything you have out of your bank. Yes, even the private safes. ESPECIALLY the french and italians. This ticking bomb can explode at any moment, and most likely we only have few months left.
