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The Great Reset in 10 points https://andreacecchi.substack.co | Uncle Paul

The Great Reset in 10 points
https://andreacecchi.substack.com/p/rapidly-the-great-reset-in-10-points

1. July-August 2019: serious structural problems begin to appear when the US Treasury surprisingly withdraws $ 190 billion from the Treasury General Accounts, opened at the Federal Reserve branch in New York and managed by the main banks called Primary Dealers. https://www.newyorkfed.org/markets/primarydealers#primary-dealers

2. The 190 billion thus run out of bank reserves and end up in public spending, but that was money already committed in the counter-party risk galaxy of the REPO market, or the huge global market in which banks and financial operators obtain short-term liquidity to stay in the game in the economic world. Remember that thanks to the leverage effect, every dollar in reserve supports an exponentially greater number of dollars wagered.

(continued next post)