Comments by "Frederick Miles" (@frederickmiles8815) on "Summers Expects ECB to Move 'Strongly' at Rates Meeting" video.

@eljefe5858 agreed - I think Japan will also be a big winners in APAC, and manufacturing will shift to Vietnam, on-shoring, maybe India (but Modi seems like he is imploding at the moment). Middle East regimes will stand in the middle and pocket cash, no pun intended, unless they get froggy and over reach.
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@960john Yes they do - Europe is sitting 500 Bil of Russian liquidity that is frozen I would start there. I would also look at asset swaps with Fed to gain pristine collateral (US Treasury bonds) - asset swaps such as gold reserves (maybe at a 4 to 1 ratio since gold's value will hold long passed long bonds). Those bonds would help sure up your collateral crisis that is the root cause for the liquidity crisis and would help Fed shrink their balance sheet. You could extend that offer to nations such as Germany as well. I would use that same tactic domestically to kill some US debt as well. The two largest holders of the 30 tril in US bonds are the Fed and US government - getting those bonds paid off or out in circulation are the keys to finding the floor. Also if I was German - I would be demanding nuclear energy.
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