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Transcript

'It'll wipe out every dollar in the world' - new crash fears as $80trillion 'goes missing' · The Slippery Slope

• 0:04
  Hi Jay felony. Thanks for listening to this
• 0:07
  slippery slope but I do want to thank everyone who was been
• 0:10
  supporting me recently on YouTube.
• 0:12
  Obviously, I've been putting a lot more content on YouTube.
• 0:16
  I never did the previously but it's been going, not so bad
• 0:19
  actually. So I just want to thank all
• 0:21
  those that do listen to watch my videos on YouTube in that.
• 0:26
  And also you know, all those who like Share, listen to my stuff
• 0:31
  on Spotify app podcast, really appreciate the support.
• 0:35
  Now, I believe it's been fairly obvious for quite a while now
• 0:40
  that the world is heading towards a financial catastrophe
• 0:45
  as much as Nations like China, try to cover up the financial
• 0:51
  collapse that's been engulfing their system.
• 0:55
  They haven't been able to completely shut it off, cover it
• 0:58
  up and obviously our Nations that are more open with their
• 1:01
  finances. You can see that this is having,
• 1:04
  you know, that the world itself, the whole world is plummeting.
• 1:09
  Hurtling, towards some serious Financial issues.
• 1:12
  And this headline here, I think really describes it.
• 1:15
  All comes from the Daily Express is says it will wipe out every
• 1:19
  dollar in the world. Knew crash, fears as 80 trillion
• 1:24
  that's trillion with a T4 Tango. 80 trillion dollars goes
• 1:28
  missing. So, this warning does not come
• 1:32
  from some headline-grabbing doomsayer, but arguably the most
• 1:37
  respectable Financial body of all, the bank of international
• 1:41
  settlements known as be is this is a body of central Bankers
• 1:45
  based in Basel Switzerland. So Abby is is known as the
• 1:51
  central Bankers, Banker, an umbrella body for August
• 1:55
  institutions, such as the bank of England US Federal And
• 2:00
  European Central Central Bank, its researchers can predict
• 2:04
  financial crisis, three years in advance using machine learning
• 2:08
  to aggregate prediction from different models.
• 2:12
  Now, they are warning of the crash, the scale of which we
• 2:15
  have never seen before with staggering 80 trillion dollars
• 2:20
  at stake. So, to put that in perspective,
• 2:23
  the global financial crisis was triggered by the collapse of
• 2:26
  Wall Street, Investment Bank Lehman Brothers and September.
• 2:29
  Seven and eight, that was the largest corporate bankruptcy in
• 2:33
  US history but its debts totaled.
• 2:36
  Just just in quotation marks 619 billion which when they say
• 2:42
  just, that's a massive amount of money that is less than 1% of
• 2:47
  the sums at stake today. So one, Global Global Financial
• 2:51
  expert said a hidden corner of the finance world has been
• 2:55
  stretched to an unseen unsustainable Point.
• 2:59
  Leaving World in a dangerous position.
• 3:02
  It is. Yet another sign that Global
• 3:04
  Finance has got far too big for its boots leaving the world at
• 3:10
  its Mercy. A so the threat is lurking.
• 3:13
  In the foreign exchange debt swap Market, which is so
• 3:16
  complex, few understand this, and there is little control over
• 3:20
  its workings. A Reuters reports that Pension
• 3:23
  funds and other non-bank Financial firms have more than
• 3:27
  80 trillion of hidden off. Balance sheet dollar, debt in FX
• 3:32
  swaps, Abby is described as the Epic swap debt Market as a blind
• 3:38
  spot that risks leaving policymakers in a total fog.
• 3:43
  The latest be is quarterly reports said at that Dutch,
• 3:47
  pension fund or Japanese and sure could use borrow dollars,
• 3:52
  then lend them as Euros or Japanese Yen.
• 3:55
  Before later repaying, the, the FX swap Market has a history of
• 4:00
  Worms, including funding squeezes during both the global
• 4:03
  financial crisis. And again, in the early days of
• 4:07
  the covid pandemic, before the Federal Reserve race to the
• 4:09
  rescue terrifyingly, the 80 trillion plus hidden desk debt,
• 4:15
  estimate is greater than the total stocks of u.s. dollar.
• 4:19
  Treasury bills repo and Commercial paper in circulation.
• 4:23
  Combined be is set in other words, it's bigger than the
• 4:27
  Mighty Dollar. It has grown from 55 trillion,
• 4:31
  to 80 trillion in a decade with daily FX, swaps and swap deals,
• 4:35
  totaling a massive five trillion a day.
• 4:39
  So non US, Banks, and paint, Pension funds have twice as much
• 4:43
  FX swap dollar obligations as the amount of dollar debt that
• 4:47
  is listed on their balance sheet.
• 4:49
  The missing dollar debt from FX funds for words and currency
• 4:52
  swaps, has huge. Be is said yet, nobody knows
• 4:57
  where this debt is and how much it is.
• 4:59
  Worth in total. So the chief investment officer
• 5:03
  officer at Century Financial said this 80 trillion dollar
• 5:07
  market is a massive concern since it does not appear on
• 5:11
  balance, sheets, and is absent from statistics.
• 5:15
  Effectively. It has gone missing and to sum
• 5:18
  it up, the world would be helpless in the face of a
• 5:21
  meltdown on this scale yet. Nobody has any control over the
• 5:25
  market. The next financial crisis
• 5:27
  threatens to be even bigger. Than the last one.
• 5:31
  I believe this impending financial crisis has been
• 5:36
  implemented on purpose when you've got the likes of Klaus
• 5:39
  Schwab during the world talking about, his great reset and how
• 5:44
  we're going to have this new Financial system.
• 5:46
  Come in place. The trouble is like I've said
• 5:48
  many times. The only way you can have a
• 5:51
  great reset of a financial system, the Global Financial
• 5:55
  system is if you destroy the current Financial system, Mmm,
• 6:00
  and this is exactly what globulus of doing.
• 6:03
  That is why we're seeing the nation's Implement these Central
• 6:07
  Bank. Digital currency.
• 6:08
  It is all about control control over the people.
• 6:13
  They don't want you spending money spending cash without them
• 6:16
  knowing what you're doing with it.
• 6:19
  This is about control. This is why I believe this
• 6:22
  financial crisis is being done on purpose.
• 6:28
  This is what the Bible talked about.
• 6:31
  In The Book of Revelation, the Beast system is being
• 6:35
  implemented before our eyes. That's is my opinion.
• 6:40
  Thank you for listening to the slippery slope.
• 6:42
  And before I go, I'll tell you that this will be the last
• 6:44
  episode of this slippery slope for this year of 2022.
• 6:50
  I'm going to have a bit of a holiday here in Australia, and I
• 6:53
  just want to thank all of you for your support.
• 6:57
  This year. Please, if you want to look at
• 6:58
  the other videos that I've done, go to YouTube and check out what
• 7:00
  I've done over there as well. So I thank you once again for
• 7:03
  your support. Please have a great end of year.
• 7:07
  Celebration have a good Christmas, have a great New
• 7:10
  Year. Please stay safe.
• 7:12
  Remember that God. So loved the world he gave his
• 7:15
  only begotten son. So that whosoever believes in
• 7:17
  Him. Should not perish but have
• 7:19
  everlasting life angers Fallon. Thank you for listening.
• 7:23
  Do the slippery slope.