Banks are all insolvent. (By design)

The central bank is insolvent. (By design)

Massive (enormous, basically impossible) Government loan bailouts would be needed to make the system solvent. (By design)...

... which would practically require a huge amount of printed money. (By design).

The Emperor truly has no clothes.

😵‍💫

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Discussion

The correction will be epic

💯

Fiat is backed by labour, by design.