GRANDMA YELLEN WARNS IF CONGRESS WILL NOT AGREE TO NEW DEBT CEILING BY JUNE 1, THE BANKING SYSTEM WILL COLLAPSE AND CHAOS WILL ENSUE
THE DEBT CEILING MUST BE RAISED TO AVOID ‘ECONOMIC CALAMITY’: JANET YELLEN (George Stephanopoulos interviews Janet Yellen)
Debt Ceiling: Yellen warns of ‘financial catastrophe’ if talks fail
Treasury warns US could enter default in less than 1 month
????????????????????
https://twitter.com/Cryptoinsightuk
Treasury Secretary Janet Yellen warns that chaos will ensue if U.S. fails to raise debt ceiling by June 1
COMMENT:
Do appreciate, both George Stephanopoulos and Janet Yellen are ‘British agents’; so one must be very wary of what they may say on TV. In 1984, Stephanopoulos was indoctrinated at the University of Oxford as a Rhodes Scholar. (The Rhodes Trust was set up with money from Cecil Rhodes’ Will, and administered by Natty Rothschild, to indoctrinate young students from all countries to bring in a New World Order and One World Government headed by the British Sovereign). Subsequently, Stephanopoulos later became the Communications Director for the 1992 presidential campaign of Bill Clinton, another Rhodes Scholar. Then he became the White House Communications Director under Clinton, later the News anchor for ABC and so on.
Janet Yellen’s links to the British: Yellen was born into a family of Polish Jewish holocaust survivors who immigrated to Brooklyn in New York City. Her husband, George Akerlof, around 1978, took up a teaching position at the London School of Economics and Political Science (LSE) where Janet Yellen was given a lecturing job there for about two years prior to returning to the US. (The LSE is the foremost training school in the world set up by the British Fabian Society to indoctrinate young students to implement Fabian Socialism/Fascism under the British King). The society also works closely with the Rhodes Trust. Hence, between 2018 and 2020, Yellen received over $7 million in speaking fees from Barclays, Citigroup, Goldman Sachs and other British-controlled banks. From around 2015 to the present Yellon has been a member of the Council on Foreign Relations (the US sub-branch of the Royal Institute of International Affairs now called Chatham House in London, now headed by King Charles III. Not only that, Yellen is an Honorary Fellow of the British Academy. In 2015 she was awarded a Doctor of Science from the LSE in London and a Doctor of Law from the University of Warwick, and currently her son, Robert Akerlof, is employed there as a professor of economics.
https://en.wikipedia.org/wiki/Janet_Yellen
Janet Yellen & Central Bank Digital Currency with the elimination of cash:
Janet Yellen has been deeply involved with the creation and planned issue of a new CENTRAL BANK DIGITAL CURRENCY (CBDC) and the abolition of cash and the United States dollar. Here she is speaking about it a year or so ago at American University:
Treasury Secretary Janet Yellen Remarks on Digital Assets / American University
FedNow the Federal Reserve digital payments system will debut in July, 2023
https://www.cnbc.com/2023/03/15/long-awaited-fed-digital-payment-system-to-launch-in-july.html
Central Bank digital currencies can ‘be programmed’ and ‘used against you!’
Bank of England & His Majesty’s Digital Pound!
https://www.bankofengland.co.uk/paper/2023/the-digital-pound-consultation-paper
Final Points of Concern:
1) True. There have been numerous worrying U.S Congress debt ceilings debates before and inevitably they have been satisfactorily resolved by increasing the US Government debt but, will this time be entirely different?
2) As King Charles III was crowned on May 6, 2023, it could be argued this event started the ‘countdown’ as this is the time he legally takes over His Majesty’s Treasury.
3) Then, coinciding with this, in the beginning of May 2023, Janet Yellen has been vociferously warning about the dangers of not fixing the problem by June 1, saying that financial chaos could follow soon after if the issue is not urgently resolved.
4) If not resolved by June 1, she predicts the financial system may crash and the US Government will default on its debt. If this happens to the US dollar probably all global currencies around the world will follow and stock markets will be vaporized creating chaos.
5) In July 2023, the Federal Reserve has announced FedNow, a new cashless, digital payments system linked to a new central bank digital currency CBDC) will be launched. By design or just a coincidence? Should we be concerned? Are we, right now, in the lull before the soon-coming storm?