Hi,
This report is a good one. Shows how corrupt the Australian Government is now become, actually stooping so low to censor public submissions! If you’re still in Switzerland at present, you will appreciate what they say about increasing negative interest rates and the new “moratorium tool” introduced in preparation to freeze people’s bank accounts long before the planned “bail-in” occurs. It sounds like the CEC’s work at least has influenced some back benchers in the Australian Parliament, but unfortunately, like the case here, they rarely are listened to.
Our own Govt Treasury sold over NZ$2 billion in bonds (maturing in about 2032) yesterday, bought up by foreign financial institutions. A weekly bond sale of this magnitude by the Government of a little country like ours is a worry, and makes me think Government spending is blowing out and is starting to be funded by borrowing, while at the same time the Finance Minister claims he is balancing the books and there is not a problem! Sound familiar!
Regards.
THE CEC REPORT AUSTRALIA: 13 SEPT. 2019
https://www.youtube.com/watch?v=Be3CrtZc5_4