Real Intel from BIS Today
Anybody that has been following this for a decade, knows well and Beyond doubt there are millions of moving pieces in play. I am a lurker here, I felt compelled to share this today. What do you all think about this?
It is a long read, but to summarize, the BIS appears to be publicly announcing that the new Financial infrastructure for the US is ready to go, now today. Check it out.
“Wow!! Hot off the press! Looks like the new system is really in place!”
“While the report also identifies a number of minor gaps in the frameworks for PSs and CSDs/SSSs, they are judged to have an immaterial impact on the Consistent rating for the jurisdiction.”
BOOM! All the best from Las Vegas, Blade Scott