We Are All Looking In The Wrong Direction, The Collapse Is This Way

by in Michael Rivero

Russia and Iran discuss using cryptocurrency to bypass the dollar and sanctions. We have been paying attention to the wrong interest rates, the rate which we would should be watching is the Libor rate. Italian banks are exposed and banks around the world are exposed to the Italian banks, this will not end well. We have now hit the credit cycle peak, we hit this peak during the last recessions, we are at that point. There are multiple indications that point to one thing and one thing only, a collapse of the economy.

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