Infinite rehypothecation.
Remember that?
An 'asset' was used multiple times by The City of London in multiple different financial bets.
It played a role in the financial crisis of 2007/8 and in the scandals after.
The EU tried to clamp down on this kind of outrageous gambling by global financial institutions.
China was invited to Bilderberg in 2011 and 2012, and The City of London began its Renminbi Initiative to become the banker of the Chinese currency, the Renminbi.
And Rupert Murdoch began to promote Nigel Farage.
The rest, as they say, is history.
The City of London has become the banker of the Renminbi. As Murdoch and The City of London wanted, the UK voted to leave the EU. And the UK has joined a trade pact on t'other side of the world which China is expected to join soon.
And now Jeremy Hunt is to abolish all those financial regulations which the EU imposed to tame the banks after the financial crisis of 2007/8.
Can you see it yet?
See : Hunt unveils Brexit masterstroke to outsmart EU and hand City major win in £2.4tn market
Cheers!
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