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"The Federal Reserve is already insolvent.
According to its most recent annual financial statements, the Fed has just $51 billion in equity, versus a whopping $948 billion in mark-to-market losses. This means the Fed is insolvent by roughly $900 billion.
This is a big problem. Remember that the Fed is still a bank, i.e. it has financial obligations, liabilities, and depositors that it needs to pay.
For example, commercial banks like JP Morgan and Bank of America have deposited a total of $3.4 trillion of their customers’ money, i.e. YOUR money, with the Fed. And the Treasury Department holds another $700 billion deposit at the Fed.
The Fed owes money to foreign governments. They owe trillions of dollars from repurchase agreements to banks and businesses across the global financial system.
So, yeah, the insolvency of the Federal Reserve is a pretty big deal. Yet, at least for now, no one is saying a word about it.
ETIENNE DE LA BOETIE2
"Thousands of civilian victims were murdered, wounded, raped, tortured, mutilated and over two hundred fifty civilians were kidnapped and held hostage by these terrorists including those from HAMAS, PIJ, PFLP and HEZBOLLAH (“October 7th Attack”)."
Plaintiffs allege the UNWRA enabled and funded the training of militants to commit acts of war, terrorism and war crimes.
chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://storage.courtlistener.com/recap/gov.uscourts.dcd.283279/gov.uscourts.dcd.283279.1.0.pdf
Putin has been consistent from the before the Military Operation that he simply wants to be left alone by NATO, the EU and the US. His terms for peace have been reasonable and have not changed.
Alastair Crooke:
"There are reports that Macron and Starmer agreed in a conversation that Zelensky must conduct some provocative operation [this week]
"--a false flag operation or a provocative attack into Russia, into the depth of Russia or something else--sufficient to create an absolute pressure on Putin to respond, and thus to destroy the meeting altogether, to stop the meeting taking place.
"The Europeans are terrified of the [Alaska] meeting taking place [on Friday] and they want to stop it. I believe the Russians have probably picked up on it, suggesting that there is going to be an attempt to create some incident, some security catastrophe, that creates the impossibility of following up on this meeting. And the Euros are trying to insert Zelensky into Alaska, whether invited or ...
"For four hundred years, Americans lived in a world wherein your brother, your neighbor, your town and region were your responsibility. And where you yourself, could do anything under the commodious carapace of the King of Kings.
"More than anything, the CIA wanted Christianity destroyed; it bred self-determination and strength. Under MKUltra, and mostly at Stanford’s Research Center, using the flower children and rock scene of L.A. and San Francisco, they figured out how to ruin human potential.
"In fact, they called it the human potential movement, in a typical inversion of reality. What it did was celebrate and encourage your worst impulses, praise your degradation, tell you that weakness is your strength, supplant your heritage with the heritage of foreign faiths and experimental practices."
Elizabeth Nickson
