THE COLLAPSE
Jeffrey Epstein told Steve Bannon that China would deliberately engineer a controlled economic collapse 45 days before his arrest.
This was May 22 2019. Bannon had asked whether China would devalue its currency. Epstein rejected the framing entirely.
He sent this.
"I think they will take steps to have a bubble collapse, they need bankruptcies to clean the overheated system and frighten people into slowing speculation. there is no alternative to keep cash but real estate. no top echelon biz guy can either make new investments in states. and if they want to get money outside the discount as risen from 10 to 40%"
This was not a prediction about market forces. This was Epstein describing a deliberate policy decision by the Chinese government to engineer an economic crisis as a tool of internal control. Force bankruptcies. Slow speculation. Trap capital in real estate. Make it prohibitively expensive to move money out of the country.
The capital flight discount had risen from 10 to 40 percent. Epstein knew the internal number. That is not public data. That is inside intelligence on Chinese capital controls.
Bannon responded: Wow wow wow.
Epstein had no economics degree. He was a college dropout who taught mathematics at a private school before entering finance as a money manager for ultra-wealthy clients.
He had no official role in any government or financial institution. He was a convicted sex offender living under a non-prosecution agreement privately briefing the former White House Chief Strategist on China's internal economic policy decisions 45 days before federal arrest.
Who was feeding Epstein inside data on Chinese capital flight premiums?
Source: DOJ Epstein Files Transparency Act release. Jmail iMessage Archive. steve-bannon thread. Messages 2623 and 2624. May 22 2019.
In Album: JohnMM's Timeline Photos
Dimension:
1200 x 1200
File Size:
153.88 Kb
Be the first person to like this.
Be the first person like this
