Remember, things are going according to plan. The plan is to dismantle the entire global market and economic system to late introduce a solution—CBDCs. However, the transition period is going to very ugly for all of us!

This morning, CNBC deleted 5 pages showing the current and historical 5 year Credit Default Swaps for:

– JPMorgan, deleted URL:

– Bank of America, deleted URL:

– PNC, deleted URL:

– Truist Financial, deleted URL:

– Wells Fargo, deleted URL:

Why would they hide this? Are these banks lying about balance sheets, too, or lying about money laundering for the Fed as usual? I suspect both!

Credit Default Swaps are basically insurance that an institution buys to “pay off” in event of their loans defaulting. In other words, more made up, make-believe nonsense. It is similar to how homeowners must have home insurance when taking out a home loan, purchasing and owning a home, but in this case, it would be the bank buying the home insurance.

As it is with regular insurance, it works well at aggregating risk across a large pool, and making long term cash flow more predictable (for a small fee). The problem, though, just like with regular insurance, if a whole shitload of people make claims at the same time (hurricane damage insurance for example), then the insurance company goes “bankrupt”, or raise premiums. Either falls in the end-user. Case-in-point, the Florida Homeowners’ Insurance Industry. Those who believed they were safe with the insurance they purchased, get screwed over, and no amount of suing lawyers will ever get the insurance company to pay out.
If the CDS market “breaks” it would be like a “debt default hurricane” destroying CDS issuers, and all the companies that purchased them for “safety”.

All you need to know is that none of the jargon mentioned above is real. They only matter as long as they provide a deliberately designed and organized scam system of socioeconomic implosion. The banks are expecting a mass defaulting on loans they issued. Those include, houses, cars and business loans.

They are hiding that fact the economy is collapsing. They are hiding that they are destroying the economy, spitefully. It’s in the Wikipedia article.

“CDSs are not traded on an exchange and there is no required reporting of transactions to a government agency.[6] During the 2007–2010 financial crisis the lack of transparency in this large market became a concern to regulators as it could pose a systemic risk.[7][8][9] In March 2010, the Depository Trust & Clearing Corporation (see Sources of Market Data) announced it would give regulators greater access to its credit default swaps database.[10] There is “$8Tn notional value outstanding” as of June 2018.[11]

CDS data can be used by financial professionals,[12] regulators, and the media to monitor how the market views credit risk of any entity on which a CDS is available, which can be compared to that provided by the Credit Rating Agencies.

These are the same people who pushed DEI so they could break the law and scream at you for being racists if you criticized the corruption.