Jim Willie's thoughts (AI) The final stages of the economic war

They might have, you know, made a few comments on social networks, gotten a bad rating or two, and they can't have access to their own money. That's what the BRICS have told China. Don't bring that into the BRICS. Okay, you asked the question, I didn't give a full answer. You asked, how long can this go? When it becomes well recognized that the United States government is monetizing their own debt. It's like T minus 90 days, T minus three months, T minus 100 days, not much more. You cannot monetize your debt. And furthermore, you cannot monetize the debt for the global currency bond. You can't do that. You cannot monetize the debt for the United States. You cannot monetize the issuance of the treasury bond. It's being dumped around the world. They set a record in June. They're going to set more records. It's going to be tens of billions per month. Okay. We have got a gigantic problem and it's not going to go away. It's just going to get worse and worse and worse. And eventually it'll get a little turbo charge from the dissolution, liquidation and selling dumping of the derivatives. And that's three quarters bond and one quarter crude oil, the petrodollar and the dumping of like $200 trillion worth of petrodollar derivatives. That is going to, when it gets really going, you're going to see a big run in silver because it's all locked in at a 30 to one ratio from 50 years ago. The petrodollar derivative has gold and silver together, has oil and has the dollar. Most people don't know that you've got precious metals in the petrodollar derivative. It's the only place where it is. The derivatives are a vaporous foundation to the global dollar financial structure and economy. So that's going to be the real gasoline then in essence, right? The liquidation of the derivatives, the turbo charge I call it because you're going to have an assent. Now here's an analogy. This is kind of funny. Imagine you have an assent and you keep on rising and rising until you run out of oxygen. Well, when is that? Well, when you get to the stratosphere or when is that? Oh, when you're, I don't know, like eight, 10, 12 miles up. When you can no longer do anything with the dollar. In essence, when it becomes irrelevant, that's really the longterm game here. It's not going to be used in trade settlement. There's no buying of the treasury bond as debt security. It's, I say, you know, here's another interpretation of the bricks and I'm glad I remember this because the bricks are really focused on de-dollarized. Now the Russians are using the ruble in former Soviet republics. The Chinese are using the Yuan in the Pacific rim and the person go, which means Europe too is going to use the Yuan. They don't want the Yuan being used for government securities in their banking system. The Chinese do not want that in European banks. So the purpose is to de-dollarize and when they de-dollarize, they're not going to be buying the treasury bond, nor will their clients for oil and, and, you know, Chinese motorcycles and computer parts and whatever. It's not just the producers. It's their clients are not going to be buying the treasury bonds. This is going to go universal. And that takes the rug out from under the dollar. The foundation of the dollar is the treasury bond. Remember the upside down pyramid, that at the bottom at the foundation, it's going to result in a crash of the dollar while it goes up. Not down up. It's crazy paradoxical. Yeah. But you got to remember the foreign currencies have a treasury bond as the foundation. Just keep that in mind. Absolutely. Absolutely. Well, let me just, let me just condense my question on China because we are limited on time. You've talked about, I think you call that the TPX triumvirate if I remember correct. Last time we spoke about China, but you've also said it's an enigma within an enigma within an enigma. And I completely agree. China is really hard to figure out. Do you think that president G is a white hat? What is your opinion? Because the way that the CCP is acting and he's at the helm of it, one would think that they're trying to push this whole social credit Rockefeller UN system, but I happen to think it's much more complex. I'm curious to hear your thoughts though.