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#digitalcurrency #cbdc #reset #money #dollar #federalreserve #QT #debt
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Today I had the pleasure of speaking with Clive Thompson. Mr. Thompson is a retired Managing Director at Union Bancaire Privée, UBP SA at UBP – Union Bancaire Privée in Switzerland.
We covered topics ranging from the Fed’s balance sheet, gold and silver, and the inevitable currency reset that will usher in CBDCs.
Clive Thompson’s article- Could the Federal Reserve go bust, or will it be re-capitalized?: https://www.linkedin.com/pulse/could-federal-reserve-go-bust-re-capitalised-clive-thompson/?trackingId=
Video Chapters:
00:00 Introduction
01:35 The Fed’s balance sheet and huge operational losses
15:00 Principles of wealth management
17:31 CBDCs and the coming currency reset
Here's another option, common people rise up and take every penny from the rich, that have caused this situation
Do you notice how old Clive states a 1 for1 transaction, but he doesn't talk about what caused the problem. The digital dollar will be diminished to allow for the theft that is in progress. TAX THE RICH TO DEATH
Where were their risk management teams 2.4 quadrillian. The rich have been planning this, and have their money hidden in tax haven countries
How does a PEOPLE get to decide how their assets are used for collateral?
Crypto 🙂
Yep, probably accurate prediction
Btc ladies and gentlemen
What about land, is it worth buying or will they be able to take that too?
What about our social security that is deposited in the bank ???
should we be buying Gold? or Silver?
They have to take away Americans Guns and right to own a Gun before they implement C.B.D.C. Brandon is working on that now.
That sounds like the great plot to a dystopian future apocalyptic movie thriller, but this would never happen and it's not realistic.
I don't think that corporate America is going to let this happen. They like their wealth and workers and run the show. They won't even allow a break on educational debt.
If they can't pay they won't pay……. case closed …Remember that
the crooked painting in the background is getting on my nerves
I understand how the government might get away with writing off debts that are owed domestically but they can't do that with any depts that they owe foreign lenders surely? That would cause very big upsets and potentially war. Please illuminate me if I'm missing something.
Revelation 13:16-18
King James Version
16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.
This is wild irresponsible chicken little talk not to be taken seriously. His opinion above means absolutely nothing. Just a incendiary bomb thrower.
In the states, this will lead to a civil war, and a permanent divided country into two countries of unreconciliable differences
There is Only One way that they are going to get the Masses to accept that is 'If it is Backed with something'. So Called "Money ' Is Not backed with anything now, it is a Debt note, Not Money. The next problem is that you no longer have Sway over your 'Pay". THey Do. Your freedom is GONE. Fight This Tooth and Nail Folks. Your Children and and the World as we know it is at stake.
My security lies in the Lord Jesus Christ alone!!! The Holy Bible has foretold us this over 2000yrs ago, so when it does begin to happen, to look up for my redemption draws near!! Revelation 13….this is the stage setting!! This excites me, only because I know the rapture of the church is near, however, I'm horrified for those left behind who do not know Jesus!!! Great reset=7 yr tribulation!! 1 corrinthians 15:1-4 ; John3:16; ephesians 2:8-9…….Got Jesus?????? Believe in the Lord Jesus Christ- the only one who died for your sins, was buried, and rose from the dead(according to scriptur) on the 3rd day….your eternal life depends on Jesus Christ…..Jesus loves you and is the only one who saves!!!!
Nwo anti christ beast system
Clive loves his gold
they are all bankrupt, the government has NOTHING but the printing press
buy gold u fools
This is just the master plan of the World Economic Forum to get economic control. Then they will push there agenda. COVID was a tool to get this started. Now having leaders planted in major countries to make sure to break the economy is the last part. Remember the WEF and UN pushed there agenda from 2030 to 2023. They want global control and by using CBDC that is way. It sets us up for the future biblical MARK OF THE BEAST cannot buy or sell without the mark. They will control what you buy or sell.
Government can’t interfere in private contracts between individuals unless there’s a dispute
Sorry one more comment they will promise debt relief, no mortgage no vehicle payment which they will bribe you saying you will save money and prosper all you have to do is sign everything over and be debt free. Just not free to make your decisions
I swear you sound just like Adam Sandler 😀
Maybe all that "quantitative easing" was code for A DEBT AVALANCHE!!!
Goldman Sachs, the giant New York investment bank, is cashing in on the war in Ukraine by selling Russian debt to U.S. hedge funds — and using a legal loophole in the Biden administration's sanctions to do it.Mar 10, 2022
@28:00 SARDONIC LAUGHTER for his own states functioning parliament as he know we don't have that.
#KLAUSSCHWAB
The FED is a BRITISH SCUMS institutions.
Time to cleanse the fraud,ponzy scam. Bring back the GUILLOTINE JUSTICE.
IT is time.
If fiat and bonds would be no good then what about physical metals and certificate of deposits? (CD)
Amazing insight. Intelligent factual information
So you think you are safe in Switzerland 🇨🇭, think again.
Amazing show from crypto col
Assets don't disappear, they just change hands. Capitalist
Thank you for this
In other word’s the elite will steal the richest people and their Monroe’s! But if your poor you can’t lose what you don’t have????
Does the impending collapse of the currency explain the Ukraine war and if so how does the war protect western bankers?
EVERY FAMILY HAS THAT ONE PERSON WHO WILL BREAK THE FAMILY FINANCIAL STRUGGLE I HOPE I BECOME THE ONE ☺️… IN A FEW WEEKS I WAS ABLE TO PAY OFF MY DEBTS THROUGH INVESTING IN CRYPTO TRADING
Nothing can happen in Switzerland without a referendum, not so ! they closed shops and restaurants to the unvaccinated and everytime the state wants something in like raising the pension age it miraculously gets voted in by 51 % so people voted to get their pensions later than sooner, really what Sap believes that nonsense, otherwise very good & sound advice and this may well explain the move by many of the wealthiest people to mortgage themselves up to their eyeballs.