Out They Go,Clean House Is Very Important,[DS] Panicking Over Durham & AZ Forensic Audit – Ep. 2578
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Evergrande is real trouble and it could rock the entire economy of China. Gold has been pushed down hard. The Rep say the debt ceiling will need to be raised by the D’s will we be running red in October. The Bitcoin seizure just took a turn, it seems federal agents are involved in the heist. The [DS] now know when the forensic audit is going to be released. Think about all of the distractions they put into place to clog the news cycles. They are building the narrative to make it seem like Trump is unhinged and that he would use nuclear weapons, think mirror. Psaki says that [JB]/puppet masters would never foment an insurrection, RED 4. The forensic audit is coming out at the end of this month and the [DS] is ready to push their agenda. buckle up it’s going to be a rough ride.
Economy
- China’s public debt already stands at 270 percent of GDP, and non-performing loans have hit $466.9 billion. In addition to existing economic challenges, real estate giant Evergrande Group has signaled that it may default on payments owed to creditors.
- China’s second largest developer has been facing a liquidity crisis, as its onshore bond trading has been suspended. Without access to funding, Evergrande will find it impossible to pay suppliers, finish projects, or raise income, making default more likely—an eventuality which could send ripples through the entire Chinese economy.
- Evergrande made $110 billion in sales last year and has $355 billion in assets. In June, it failed to pay some commercial paper and the government froze a $20 million bank account. The company now owes total liabilities of $305 billion, making it the most indebted real estate developer in the world. It is also the largest issuer of dollar junk bonds in Asia. Evergrande owes money to 128 banks and over 121 non-banking institutions. Consequently, the company’s stock price has dropped by 90 percent over the past 14 months, while its bonds were trading at 60 to 70 percent below par.
- Evergrande accounts for 4 percent of total Chinese real estate high-yield debt. The company’s debt is of such significant size that it may pose systemic risk to China’s banking system. Late or defaulted payments by Evergrande could cause a chain reaction of defaults across institutions. An Evergrande sell-off could drive down prices, crashing over-leveraged developers. Authorities worry that this threatens to destabilize the entire real estate sector, which comprises about 30 percent of the Chinese economy.
- Additionally, Evergrande has implications for the labor market. The company employs 200,000 people regularly and 3.8 million per year, on a project basis. After 18 months of sporadic COVID-19 lockdowns, China needs more, not fewer, jobs.
Source: theepochtimes.com
Gold Is Getting Monkeyhammered As Dollar & Bond Yields Spike
Source: zerohedge.com
Feds’ $3 billion Bitcoin seizure tied to corrupt federal agents
- The U.S. Justice Department sent ripples through the cryptocurrency world in November when it announced it had seized nearly 70,000 Bitcoins from a person the agency would identify only as “Individual X.”
- According to a Justice Department complaint, the digital wallet holding the Bitcoins belonged to a hacker who stole them from the operator of the Silk Road, a notorious black market website that acted as a giant online bazaar for drugs and other criminal activity. The federal government took down the Silk Road and arrested its owner—who is now serving life in prison—in 2013.
- Now, new clues point to who may have owned the stash, which today is worth more than $3 billion.
- According to recent court filings in the forfeiture case, the proceedings are related to a criminal case involving two corrupt federal agents: Shaun Bridges, who worked for the Secret Service; and Carl Mark Force IV, formerly of the Drug Enforcement Administration. Both men were investigators in a case involving Silk Road, a notorious online drug bazaar, but both went to prison for conducting crime sprees of their own involving extortion and robbery.
Source: fortune.com
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I’d rather see the indictment on Clinton, Obama, Biden, Pelosi, Schumer, Waters, AOC, Etc., Etc., Etc.!!! I think Trump better take a step back and stop making it all about revenge or feeling pain!!!! The more he lets that happen, the more he hurts the general everyday people – just look what’s going on now!!!! Which is WHY NOT EVERYONE WILL WANT TO WAKE UP!!!! Unfortunately, people are fighting for their freedom – but they are still controlling the people – it doesn’t seem like the people are winning – so WHAT IS THE POINT OF FIGHTING – IF IT ISN’T WORKING – Okay – so how do you fight that – if you don’t have an external force come out front with the information (ALL THE INFORMATION) and arrests??????? This is what I’m saying – THE MORE WE WAIT – THE MORE THEY LET THE DS DESTROY THEMSELVES – HOW MANY PEOPLE WILL HAVE DIED BECAUSE OF THIS VACCINE AND BOOSTERS!!!! How Many People will lose their jobs – How Many????? That’s why SOMETHING HAS TO COME OUT AND/OR BE DONE VERY SOON – To Counter all this stuff!!!!!
I don’t watch any news station that does not report on the 2020 election fraud!! That only leaves One American News!!
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I’m not getting vaccinated because I’m afraid that once I am vaccinated, some
unvaccinated person will get close to me- say on an elevator – and be the
cause of my death. LOL
In other words, the conventional fear tactics being used against the unvaccinated,
should cause people to logically come to the above conclusion.
So, the conventional fear tactic is actually an argument not to get vaccinated.
LOL
Bob
Just and FYI……Phew!! This was tough… never got to hear the whole broadcast. Norton 360 has suddenly put you on the do not watch or listen list. I tried the pod bean but it didn’t work either. I jumped through hoops to hear part of it… then I couldn’t print… I had to print pdf version and it took forever and was inconvenient.. it would let me print a pdf but it was 32-33 pages with ads and all… just too much paper and ink . finally I found Liz Harrington on telegram… because the computer wouldn’t let me click to get to telegram…. or view the SAVE AMERICA blocks. Also the SAVE AMERICA blocks by Liz Harrington didn’t print on the PDF… it just left huge blank spaces. It took two hours … but I have it in print… Now I have to edit out the extra stuff bringing it to about 18 pages, and then I will print.
Most Excellent!
dave your the best. everything you talk about is one million percent fact. i needed to tell you about ex district attorney spota on long island in suffolk county. durham had something to do with his indictment. they opened a closed case from 2010 . it was a case about ex county executive steve levy. spota and his buddies did a coup to get him out out of not running for county executive. durham had judge joan azarack to talk about this coup in court. they expose the first corrupted ex district attorney. he did alot of crimes over the years. he covered up our case in 2002 when we uncovered a huge gun running operation. they raided our home and took our hand guns away and threatened us to leave new york many times. internal revenue service tried to get us to leave new york. they told us a secret. i sent package to trump when he was in office about this what we found in 18 plus years. it have alot of facts about suffolk county. many still needs to be removed. we never had a chance in our court hearing. our own lawyer conspired with police and court. we never got any justice we suffer for years with nothing