Never heard of this guy before so no idea if he's a pattern liar or fraud, but it would be a pretty bold lie, was shared by some otherwise discerning accounts, and confirms most of our biases... so I'm sharing it.

Slop Summary:

Yanis Varoufakis summarizes an emergency meeting at the Bank for International Settlements (BIS) in Basel, where he witnessed central bank officials in a state of "palpable panic" regarding a potential collapse of the Western financial system.

Core Revelations
Hidden Exodus: Central banks (like the Bank of Japan) are reportedly dumping U.S. Treasuries through offshore intermediaries and financial engineering to avoid triggering an immediate market crash [02:10].

Systemic Fragility: The "plumbing" of the financial system (the repo market) is breaking down, with banks demanding higher rates to lend against Treasuries [03:15].

Emergency Measures: Officials are drafting protocols for capital controls, currency conversion restrictions, and potential "bank holidays" to prevent mass outflows during an acute crisis [03:46].

Pension Vulnerability: There is a fear of $3–$5 trillion in pension losses if interest rates rise further, which could lead to extreme social unrest [04:23].

Managed Decline: The goal has shifted from maintaining dollar dominance to simply managing a transition to a multipolar system without a total collapse [05:02].

Timeline & Risks
The Window: Varoufakis suggests a 12 to 18-month window (targeting late 2025 or early 2026) before a major crisis, though a sudden "tripwire" like a failed Treasury auction or a BRICS currency launch could accelerate this [11:08].

The "Cure": A Nordic official compared their role to doctors treating a terminal patient—managing symptoms of a dying global economic order because the underlying disease cannot be fixed [10:41].

Conclusion: The video warns that the authorities are not sharing the truth because they fear public awareness would accelerate the collapse they are desperately trying to delay [13:20].