They should be panicked. They are going to be restructured and we are moving to an Asset backed system. That is what this is all about. We are moving to an asset backed system globally and that is what we are witnessing right now...
Patriot Intel Report 3-4-20
PIR
Mar 4, 2020
We did see some downward pressure in the equities market, stock market here in the US. Hundreds of points lost again. This is on the heels of the Federal Reserve yesterday cutting interest rates by half a percentage point.
They did this to stimulate the economy because of the downward pressure in the global markets. But it had a lackluster effect and did not stimulate the economy as people thought. Some people said it was an action of panic by the Federal Reserve.
They should be panicked. They are going to be restructured and we are moving to an Asset backed system. That is what this is all about. We are moving to an asset backed system globally and that is what we are witnessing right now.
Also, with the concerns people have with Covid 19 (Corona Virus) the World Bank and the IMF have altered their spring meetings for the first time ever.
These spring meetings bring together central bankers and financial experts from all over the world and this year they will be doing these meetings by virtual hook-up, and internet. This is the first time ever in history that they have done this.
This is usually a big thing where people get together and talk and plan. This is a big economic event every year. This year – canceled……very interesting.
Source: Dinar Recaps
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