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Deleveraging To Continue

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1Deleveraging To Continue Empty Deleveraging To Continue Mon Jul 09, 2012 12:09 am

ymoilman2



Deleveraging To Continue

by Tom Heneghan, International Intelligence Expert

Sunday July 8, 2012


UNITED STATES of America - It can now be reported that the repatriation of collateral assets aka property rights, precious and industrial metals, as well as oil and natural gas holdings continues.

The LIBOR rate scandal is widening and now engulfing more worldwide banks, as well as the Bank of England, the German Deutsche Bank and including the Mellon Bank of New York.

Note: Again, folks, don't be fooled by any short term asset bubbles. These banks must now deleverage, sell their assets and create cash aka U. S. dollars.
P.S. The next shoe to drop in this scandal is the use of the LIBOR rate spread to create artificial margin to manipulate foreign currency exchange rates in the nightly forex trading.

P.P.S. Both the Central Bank of Japan and IMF officials are currently in serious discussions with the U.S. Treasury about the irregular foreign exchange rates that were created by the fictitious LIBOR rate spread.

IMF and Central Bank of Japan officials have also told U.S. Treasury representatives to proceed with the final implementation of the Wanta-Reagan-Mitterrand Protocols.

In closing, we also want to bring to the attention of the American People the still extremely dangerous radiation threats that continue to threaten the American west coast from the damaged Japanese nuclear reactor.

Related:

Radioactive buckyballs from Fukushima invade California beaches

http://tickergrail.blogspot.com/2012/06/radioactive-buckyballs-from-fukushima.html

Posted by John MacHaffie at 11:46 PM
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