(Stillness in the Storm Editor) In honor of Ben’s wishes to withhold posting the full update here is a portion of his report.
This post will be updated after approximately 3 days from its initial release; usually on Thursday.
Added links below.
Updated with the complete newsletter.
by Benjamin Fulford, September 23rd, 2019
Veteran financial market observers will tell you that anomalies in the financial markets last week point to some sort of black swan event on the horizon. This could be—cross your fingers and knock on wood—the signs of the long-awaited implosion of the U.S. Corporate government. It could also be the signal for a new Bretton Woods-style reboot of the world’s financial system.
To understand, take a look at these two graphs from September 19th. The first is the Repo market, and the second is SOFR (Secured Overnight Financing Rate)—the replacement for Libor.
The Repo market is basically a market where banks etc. use long-term high-quality financial instruments like U.S. government bonds as collateral to borrow here/now cash. The second is the rate at which banks lend to each other. The jump from 2% to 10% in the Repo market in a single day either means insiders think U.S. bonds are about to become worthless, or else some huge bank is about to go bust and so nobody wants to hand any cash over to them.
The second, SOFR, moved 282 basis points, in a market where people typically freak out over a move of even 20 basis points. The SOFR move, at the very least, indicates that a mega-bank or several mega-banks could not get money from other banks. This sort of move was last seen at the time of the Lehman shock.
The privately owned Fed has been trying to calm things down by offering to dish out $75 billion per day between now and October 10th. That’s interesting timing, because the U.S. Corporate government has a payment deadline on September 30th and would be given until around October 10th (or the 17th at the latest) to come up with the money if it failed to pay up on September 30th.
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A British Royal family member explained, “The financial industry has been bankrupted by a decision by the U.S. judiciary to allow class action suits against them. The volatility is just an aftershock of that,” he explains.
The links below show that many banks, including J.P. Morgan, Deutsche Bank, Barclays, Bank of New York Mellon, Societe Generale, Commerzbank, and others are now being treated as organized crime gangs and being hit with RICO and other anti-gang laws.
Needless to say, these criminal cases will lead to bank-busting lawsuits by the victims of these financial misdeeds.
These legal moves are not the only sign the financial system is collapsing. A look at U.S. loan markets reveals that a complete disaster has already begun. There are now $3,128 trillion worth of high-risk loans or bonds to either sub-prime real estate or iffy corporations.
That’s almost double the amount seen just before the Lehman shock. Also, U.S. private sector financial assets are now 5.6 times U.S. GDP, meaning they would have to fall close to 80% to be equal to GDP.
Remember, this does not include the over $200 trillion dollars (10 times GDP) in unfunded liabilities the U.S. government has.
One more shocker: The U.S. government-owned housing finance companies Fannie Mae and Freddie Mac have a total of $6 billion ($3 billion each) as a capital buffer, but own or guarantee almost $5 trillion in mortgage securities. That means they are leveraged over 1,000 to one. In other words, if housing prices fall even 0.01%, they are bust. And guess what, folks; there are signs housing prices have in fact started falling.
No wonder finance guru Jim Rogers predicts the entire financial system will collapse within 2 or 3 years. He is probably an optimist.
It may well be that the at the very least, wildly overvalued, if not outright fraudulent “real estate” company WeWork may be the immediate trigger for the collapse.
Take a look at this chart of their bond price:
This is very interesting, because it brings us to Saudi Arabia and Japanese investor Masayoshi Son’s $100 billion dollar “Vision” fund. The collapse of WeWork may ultimately bankrupt Son, and this in turn could lead to genuine regime change in Japan (Son owns Musashi Engineering, the company that helps steal Japanese elections in order to keep the criminal regime of Prime Minister Shinzo Abe in power).
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[Below is the remaining portion of Fulford’s update this week]
Stillness General Comment on Fulford Reports
I decided to add this general comment to all Fulford reports since I frequently receive the same questions about them.
In response to many questions and comments I receive from people wondering why I share these reports, I offer the following.
Speaking as someone who has been following Fulford’s reports since 2011, reading them should probably be done with a large grain of salt. That is to say, he seems to share information directly from alleged sources within the Pentagon, CIA, White Dragon Society, and so on. Often the data presented is contradictory on the surface.
The predictions and statements Fulford makes sometimes are highly accurate, whereas, in other instances, they are completely unfounded. Instead of looking to Fulford as one who is “tapped into” some greater truth, it would probably be more productive to consider his data as one possible perspective on what is happening on Earth at this time.
This of course extends to all sources of information. Fulford, like all of us, is only human, and can make mistakes. But that doesn’t detract from the work he has done to spread awareness and move things forward to a brighter future for humanity.
Discernment is the process of understanding what something is, which in Fulford’s case, means entertaining his reports without believing them blindly, and then doing the follow-up research/fact checking to determine what actually happened. In this way, it is a real-time discernment exercise.
The fact that so many people continue to read his reports despite their sensational and wildly inaccurate nature at times—while also being accurate and poignant—means the people he receives information from are probably using him as a mouthpiece to speak to you—the reader who is on their awakening path. As such, blind belief or callous rejection are not our allies but critical thinking and open-mindedness are.
As I have said before, if he is serving as a mouthpiece for various groups working to change the status quo or agents within the Cabal, we can decipher the data as if it is a form of awakening propaganda—information that certain players want to expose the masses to. What effect this has on your personal process is largely up to you. But I would suggest taking an active role in discernment and not falling into the trap of total acceptance or rejection.
[The preceding text is the full update.]
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Benjamin Fulford Updates from the previous week:
Not sure how to make sense of this? Want to learn how to discern like a pro? Read this essential guide to discernment, analysis of claims, and understanding the truth in a world of deception: 4 Key Steps of Discernment – Advanced Truth-Seeking Tools.
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