25 Oct 2024

UK To Change Definition Of Debt To Add $90 Billion More

The UK government will be changing the way that we measure debt to a new arrangement that will “free up money to deliver a long-term return to our country and taxpayers”

By Tyler Durden: Back in Sept 2022, the UK financial system almost collapsed when the bond market vigilantes woke up from a decade long slumber and in response to the tax-cutting mini-budget by former PM Liz "did not outlast the lettuce" Truss, sent yields soaring, the pound crashing and sparked a firesale of the country's rate sensitive securities, forcing the BOE to resume QE virtually overnight as a buyer of last resort was desperately needed. It was a vivid reminder just how fake and unstable the global financial system has become if one just pulls the curtain on the unlimited daily supports from central bankers, and better yet, it was a teachable lesson why assets can never again drop: because if they do, it means central banks are no longer micromanaging the entire market and an epic crash is inevitable.

Long story short, the UK learned its lesson and the last thing it would ever do again is get perilously close to admitting the truth, which is that it is exclusively reliant on the debt market to fund its marginal deficit spending. Which, however, would mean two things: i) it would somehow have to convince the market it has much more debt capacity than it currently does, i.e. changing the definition of debt, and ii) it would need to actually do the right thing (something it has to do since unlike the US it doesn't have a reserve currency to punch around) and either boost taxes or cut back spending.

That's precisely what is about to happen.

Trump And RFK Planning 'Shock And Awe' Arrests Of Gates And Fauci On January 20

TPV: “Shock and awe” arrests of Anthony Fauci and senior government officials who perpetrated what Robert F. Kennedy Jr is calling “the crime of the century” are set to take place on January 20, just hours after the inauguration of Donald Trump.

That’s according to Trump team insiders who say Trump is “all in” on punishing the Pharma cartel and their cronies in government for hurting so many children and destroying the health of the nation in the process.

Robert F. Kennedy has been working his whole life to expose these criminals, and he’s wasting no time in bringing them to justice.

Interview: Bibi 'The Baby Butcher' Netanyahu Is The Chief Executive Officer Of A Police And Apartheid State

"The Jews have an ancient tradition of spitting on Christians! I've seen them do it." -George Galloway

George Galloway: The donor class, the Zionists, have an iron grip on the US government, no matter who the president is. Judge Napolitano hands down the damning verdict.

Israel Regime Spy: "Anyone Who Gets In Our Way - Even Politicians In The West . . . Will FALL"

Mosab Yousef, a documented Jewish Israel regime Spy, said on Peirce Morgan's TV Show "Anyone who gets in the way, even if they are politicians in the West, they are going to FALL. We have the right to bring them up, and to bring them DOWN."

By Hal Turner: Yes, you read that correctly, a Jewish Israel regime spy just THREATENED to MURDER Western politicians.

Mosab Hassan Yousef (born 5 May 1978) is an ex–Palestinian militant who defected to Israel in 1997, thereafter working as an Israeli spy for the Shin Bet until he moved to the United States in 2007.

His father is Sheikh Hassan Yousef, a co-founder of Hamas. A New York Times bestselling author, he is known for his outspoken criticisms of Hamas and Islam.

The Shin Bet considered Yousef to be Israel's most valuable source within the Hamas leadership.

Here is the entire video so you can see it and hear it for yourselves:

WORLD WAR 3 INCOMING? North Korea Send Troops To Russia As BRICS Prepares To CRUSH US Dollar

Russell Brand: As the US says it has evidence that North Korea has sent at least 3,000 troops to Russia - adding there is a "highly concerning probability" they will fight in Ukraine, Putin assembles 20 countries at the BRICS Summit to crush the US dollar and create a new global order.

Russia SINKS 22 Ukrainian Ships In Black Sea!

Overnight, RUSSIAN MISSILES HIT 22 SHIPS IN THE BLACK SEA. The Ukrainian shadow fleet no longer exists.

The ships went down with not only their cargo, but with Ukraine GUR personnel and . . . . . NATO troops.

Leaked Classified US Documents Mention Israel Nuclear Weapons; This Is A Gigantic Problem Because Of US Law

The genocidal white colonialist Jews' apartheid regime 'Israel' has been forced to delay a potential retaliatory attack on Iran after details of the planning were leaked from the US, Britain’s The Times newspaper reported Thursday.

By Hal Turner: According to the report, citing an unnamed intelligence source with knowledge of Israeli deliberations, Israel is worried that even though no potential targets were named in the leak, the details provided could help Iran predict certain patterns of attack.

The Times said Israel has developed an alternative plan but needs to war-game it before proceeding.

“The leak of the American documents delayed the attack due to the need to change certain strategies and components,” the source said. “There will be a retaliation, but it has taken longer than it was supposed to take.”

"Nuclear Weapons"

That's not the only problem with the Leaked Classified Documents.   As shown on the leaked, CLASSIFIED "TOP SECRET" Document below, the red-squared text mentions "No sign of Israel intending to use nuclear weapons" (on Iran.)