@BoringSleuth
The TWO biggest Crypto powerhouses I’ve sleuthed on Ethereum.
https://twitter.com/BoringSleuth/status/1699804667788542187
Wanxiang (China) & SBI Group (Japan) are both aggressively doing everything imaginable (and unimaginable) to take the wealth from Crypto.
Both are massive players in their State run banking system.
Wanxiang = AMTD Group & Banking system Spidernet
SBI Group is Japans banking conglomerate
Per below, Both of these countries seem to be selling the USD to save their own currencies.
https://twitter.com/BoringSleuth/status/1699804667788542187
Peter St Onge, Ph.D. @profstonge
Japan and China are selling US treasuries hand over fist to save their crashing currencies.
With the Fed now promising to sell $60 billion of treasuries every single month, who will buy Biden’s $2 trillion deficits?
Washington squandered the free lunch of China parking trillions in federal debt — dollars they earned wiping out America’s manufacturing base.
With the yen now down 40% and the Chinese yuan hitting 15 year lows, that free lunch is over.
https://twitter.com/profstonge/status/1699779816306946338