To understand what is about to happen, and why the US is so desperate to attack Iran at this present time, we need to go back to August 2019.

What is the Repo Market?

In September 2019, a critical but obscure part of the financial system broke. Overnight borrowing rates in the repo market suddenly spiked from around 2% to over 10% in a matter of hours. Banks and dealers couldn’t get the short-term funding they needed to finance Treasury holdings or settle trades. Liquidity froze. Wall Street was caught off guard. The Federal Reserve quickly intervened, launching emergency repo operations to inject cash into the system The Fed pumped in an average of $75 billion a day for 2 weeks-for a total $700 billion. It was unprecedented in the history of the New York Fed. Within days, funding markets stabilized. Over the next few months, the Fed expanded its balance sheet, but to keep repo markets functioning. That quiet intervention helped fuel the final leg of the market’s rally into early 2020. It was this Repo Crisis on Wall Street that prompted David Rockefeller jnr to activate Operation Lockdown in March 2020. This Repo Crisis revealed some ugly truths about the dollar-centric financial system. That it is not capable of surviving in the long term due to many deficiencies of the US dollar system. In short, the dollar-based financial system is imploding, and is on its last legs. David Rockefeller knew that Wall Street would not survive beyond the 1^st quarter of 2020 (March 31) if nothing was done. The solution was to lock down the global economy. This was realized through the announcement of a pandemic called Covid. It was a world-class con. But it served its purpose. The global economy was shut down so that t would not compete for scarce liquidity. The financial system was saved.

Now, we are heading back to a similar scenario. Currently, we are seeing cracks reemerge in this previously unknown part of the financial system. Here, we will discuss what it is and why it matters. The “repo” market, short for “repurchase agreement,” sits at the heart of the financial system. Critically, and why it matters to the financial markets, is that it allows banks, hedge funds, and dealers to borrow cash by using high-quality securities, typically U.S. Treasuries, as collateral.  The transaction is straightforward and is an OVERNIGHT transaction. During this process, one party sells a security with a commitment to repurchase it the next day at a slightly higher price. That price difference represents the cost of borrowing. Typically, the difference between the Secured Overnight Financing Rate (SOFR) and the Interest Rate on Reserves (IOR) is slightly negative. Currently, that is not the case. Notably, this is not some niche corner of finance. It’s the lifeblood of overnight funding. Why is this so important? Because TRILLIONS flow through this market every day, and most people have never heard about it. However, without it, Wall Street doesn’t open.

• Dealers need it to fund their balance sheets.
• Hedge funds rely on it for leverage.
• Money market funds use it to park cash overnight.
• It’s also how the Federal Reserve transmits monetary policy.

When the repo market functions smoothly, short-term interest rates stay in line with the Fed’s targets. When it breaks, liquidity dries up fast. That creates ripple effects in credit, equities, and even Treasury markets. If repo transactions grind to a halt, it’s not because there’s a lack of collateral or cash, but because of fear. When institutions stop trusting each other, they stop lending to one another. That’s when the financial plumbing clogs, and the consequence of that “clogged plumbing” is rising volatility, strained liquidity, and falling asset prices. The repo market isn’t just important. It’s foundational.

A Redux of 2019? What Does It Mean for the Markets?

Currently, cracks are reappearing. The overnight repo rate is climbing as the use of the Fed’s Standing Repo Facility is increasing, and treasury bill issuance is ballooning. Most notably, what the Fed once deemed “abundant liquidity” has now fallen below the levels it considers “ample.” The chart shows that the Fed Reserve’s plus Reverse Repos is now at the lowest level since late 2020. Sound familiar? It should. The current environment bears a striking resemblance to the lead-up to the September 2019 repo crisis. Back then, the repo rate suddenly spiked from around 2% to over 10% in a single day as Wall Street’s funding machine seized up. Here is an example of what happened. You have a brand new, fully paid-for Mercedes. You go to your neighbor and ask for an overnight loan of just $10,000, offering him the title to your car as collateral. Your interest rate should be close to the Federal Reserve’s overnight rate, but instead, your neighbor says he wants 10%. That difference is a “risk premium” that is undeserved because the loan is backed by guaranteed collateral, in this case, the car. But that is what happened in 2019, and the Fed had to intervene with emergency liquidity operations to restore stability. Why did it happen? In 2019, a combination of tax payments and Treasury auctions drained reserves from the banking system. At the same time, dealers were loaded with collateral they couldn’t finance. Cash lenders didn’t want to step in, even at higher rates, because they were either constrained by regulation or unwilling to take the risk. The repo market, which had always been taken for granted, suddenly became the problem no one was watching.

Today, we’re seeing many of the same ingredients. Heavy Treasury issuance is forcing dealers to take on more collateral, and liquidity is being withdrawn from the system due to the Fed’s quantitative tightening. The problem with the repo market is why the Fed announced it would end the shrinkage of its balance sheet at the end of November. Meanwhile, bank reserve levels have dropped sharply, adding to concerns about overall liquidity. When stress rises in the repo market, it’s not a technical glitch, but rather a signal that the financial system is under pressure. If this stress deepens, it could lead to a broad tightening of financial conditions that will spill over into the equity and credit markets. Once dealers can fund collateral without paying punitive rates, liquidity will return, which “greases the wheels” of the entire financial system. Trading flows improve as Hedge funds can effectively re-leverage their portfolios, and credit spreads are expected to tighten. It is important to note that fixing the repo market isn’t about bailing out Wall Street. It’s about restoring the basic mechanics of financial intermediation. When overnight funding is cheap and available, institutions are willing to trade, lend, and invest. That confidence feeds through to markets. The problem is that stocks are already grossly detached from underlying fundamentals; resolving the current repo stress will likely see investors pushing asset prices further away from those fundamentals. But that is how liquidity drives markets, especially when fundamentals look stretched. For now, the repo market is the canary in the coal mine. What comes next depends on whether policymakers decide to move soon or wait until stress forces their hand. You should view the current repo market signals as key early‑warning indicators. Funding stress is not just a narrow dealer issue. It affects liquidity, leverage, and risk flows. If the plumbing falters, even strong fundamentals may be undermined by a lack of financing. By watching the repo market, you gain insight into the financial system’s inner workings.

So, there we have it. The key issue is liquidity. The Rockefeller Empire bought time for Wall Street to survive by imposing Covid-imposed shutdown of the global economy on the entire world. It succeeded then. Today, the global equation is vastly different than August/September 2019. The US was still calling the shots in many years. Now, six years later, we find that the US initiated 2 wars _Gaza and Ukraine- in which it has failed to achieve any of its objectives. The blowback from these ventures have exposed the US and the West as paper tigers. The economic, financial and military losses that the West has experienced since February 2022 has left it in a much weaker position. It is very much doubtful if they can pull off another Covid con on the world. People have caught up to their lies. The political and media elite in the West is a joke. Citizens in the West realize that there is a slow drift to martial law, censorship, assassinations of outspoken public figures, etc. In short, the West is declining at a frightening pace. Add to this, the panic-driven sanctions on its economic rivals, the theft and piracy of other nation’s oil on the seas, and so on. These are not the actions of a confident nation, but rather smacks of fear, panic and desperation. When leaders are in this situation, they tend to make moves that worsen things for everyone.

So, how is David Rockefeller jnr going to save his financial empire and the dollar-centric world? How is he going to save the financial system from imploding on 31 March 2026? By simply shutting down the financial system. In 2019, this Repo Crisis forced a shut down of the global economy in March 2020. This time, David Rockefeller will shut down the financial system instead. It will be done by implementing some or all parts of ICE NINE. It would be advisable to read the article called ICE NINE, dated 10 February 2018, before you proceed to read further, https://behindthenews.co.za/ice-nine-how-the-elites-plan-to-steal-your-money-the-global-financial-lockdown/ .Now that you have read and understood it, let’s see how this will be brought out. To bring about and implement ICE Nine- especially in the West, the US has to invade Iran before the end of March. This attack on Iran is meant to “blow-up” the Middle East. But first, Venezuela had to be brought back into the American orbit. Which is what happened at the end of December. With that over, the US Empire has now achieved a geographical zone, called Fortress America- safe and secure between two oceans. The only thing let to make it impregnable is to bring Canada and Greenland under its full and complete control. In the current scenario and global tensions, the US aims to light a bomb in the region AND LEAVE. They will not stay in the Middle East. They will be safe and secure within Fortress America. That’s what the advisors around David Rockefeller jnr are telling him. But here is the key driver of this attack. Once the conflict starts, some kind of false flag will be done, or Iran sinks an aircraft carrier, or the oil infrastructure IS DESTROYED, OR THE Straits of Hormuz gets shut down, these could be used to trigger a financial crisis on wall Street, giving the Rockefeller Empire the opportunity to shut down the dollar-centric financial system, implementing some parts or all of Ice Nine.

The US/Israeli attack can be conducted on Iran at any time over the rest of this year. But the imploding financial system has forced their hand in conducting this strike BEFORE the middle of March. What has held their hand back as of writing are two factors. The first is the weather. The Khamsin is a hot, dry and dust-laden wind that blows across Egypt and the eastern Mediterranean in spring. Derived from the Arabic word for “fifty” , it refers to a 50 day period between March and May. It brings extreme temperatures and high-speed winds.  These winds can reach immense speeds of up to 140 km/h, carrying immense amounts of Saharan dust and sand. They often cause hazardous, low-visibility conditions for travel. Looking back at both attacks on Iraq – it was started by the US in late January 1991, and the second attack began at the beginning of March 2003- for this very reason. But, this time, there is an added urgency-the end of the 1^st quarter on Wall Street. Just like the Covid implementation which had to start before the end of March, likewise, this attack has to be started LONG BEFORE THE END OF MARCH.

Why the US needs to regime-change Iran

After reading the above, a clearer picture emerges. In short, after Covid saved the financial system from imploding, New York and London looked at Russia as a means of saving their system, and gaining geopolitical advantage in respect of China and the Global South. The aim was to break up Russia and loot its resources. That failed, so the 2 families turned to Iran. Three attempts to topple the Iranian government failed. Now, they are going for the fourth and final round, intending to be a fatal blow against Iran. The precursor to this was the riots that began on December 28^th last year. This failed. So, now, comes the direct attack by Israel, Britain and the US. There are several reasons to attack to attack Iran. They are

• Cut off support to Iran’s allies – Hamas, the Houthis and Hezbollah
• Cut off oil supplies to China
• Use Iran as a launching pad and base to destabilize Southern Russia and China

In this manner, both the families can takeover the region with a minimum of opposition. It will force many nations in the Global South to realize that they are now not in a position to challenge the US. Saudi Arabia and Egypt would have no choice but to give in to US dictates and Zionist expansion. In short, Iran represents the last line of humanity to be free of these two monster empire.

At the center of the buildup is the aircraft carrier USS Abraham Lincoln and its strike group, operating with guided missile destroyers, fighter jets and reconnaissance aircraft in the region. U.S. air bases such as Muwaffaq Salti in Jordan and Al Dhafra in the UAE host strike aircraft and drones, while Al Udeid Air Base in Qatar operates surveillance planes focused on monitoring Iranian radar and signals. These locations form a network of forward operating sites across the Gulf and surrounding states. The US has a vast military footprint in the Middle East, but has been filing more resources into the region in the past month. US fighter jets, warships, and missile defense systems have been positioned around Iran for a potential strike. Satellite imagery also shows multi-purpose helicopters and drones at the Dqum Airport in Oman and the Jordanian Muwaffaq Salti air base, which both host US assets. It also includes what you would call tanker aircraft … that’s significant because those tanker aircraft could be used to refuel bombers, which is the method of attack the US used in June to suppress some of Iran’s nuclear facilities. I think that strikes are likely — this is a significant build-up of force, which is very expensive for the US.

The current talks between the US and Iran are a distraction and sideshow, meant to lull the Iranians.The round of negotiations between the two countries will be the first since their talks in mid-2025, which were cancelled after Israel launched a surprise aerial assault on Iran, which developed into an intense 12-day war. Iran retaliated with a wave of ballistic missiles, which overpowered Israel’s defense system. The US bombed three Iranian nuclear facilities during the war, which also prompted retaliatory missile attacks from Iran on the US’s Al Udeid air base. A deal was brokered by the US soon after. It will be difficult for the Americans to maintain that posture for too long,

 And what would Iran’s response be

Senior officials in Iran have stated that if Iran is attacked, then the war would become regional. Besides targets in Israel which would include Ben-Gurion Airport, the IDF’s Kirya base headquarters in Tel Aviv, the IDF Intelligence Directorate base in Glilot, near Herzliya, and other strategic locations throughout the area. Iran’s Foreign Minister stated that “It would not be possible to attack American soil, but we will target their bases in the region- – – we will not attack neighboring countries; rather, we will target U.S. bases stationed in them. There is a big difference between the two.” It will include American naval vessels in the region. Finally, Iran’s allies- Hamas, the Houthis and Hezbollah all stated that they will join in. The PMU’s in Iraq number more than 100,000 soldiers. Well equipped with ballistic missiles, cruise missiles, drones and more have all pledged to attack allUS bases in Iraq and Syria. Not to forget a possible attack coming from Azerbaijan. If this plays out, then expect Iran to attack military bases, airfields and other strategic targets. US Vice President arrived in Azerbaijan today. The trip was to make sure that Azerbaijan is ready to play its role in the upcoming attack. Finally, were the US/Israel to attack Iran’s energy infrastructure, then Iran has promised to reply in kind, and there goes the energy infrastructure in Azerbaijan, the Gulf states, oil tankers and pipelines. The consequence of such a strike will mean oil prices skyrocketing. It will blow up the multi-quadrillion derivatives markets. Maybe this is intended. It will surely be the ideal solution to impose ICE NINE by shutting down the financial system.

What is Israel’s position

Israel is shaking in its boots. The last operation conducted by Iran on Israel in the June 12 day war showed Israel that Iran has the capability to do serious damage to it. Since the beginning of the year, Iran has been showcasing many new types of weapons. It has also received much needed help from both Russia and China. These include advanced radar systems, new fighter jets and more stuff that we do not know about- its not disclosed by any of the parties. Israel has been pleading and begging the US not to attack Iran this time after seeing the help Iran is receiving and the new weapon systems Iran has showcased. To nullify Israeli resistance to this attack, the Rockefeller Empire released the Epstein files ten days ago – on the 1^st. It has placed many supporters of Israel on the defensive, in London, Israel and the US. The scandal is growing and many heads are falling. The timely release of these files has silenced Israeli pleadings. If both Israel and the US find themselves losing at a rapid rate, there is a fear that Israel will use nukes. If it does so, then all bets are off.

Blame Deflection

The Rockefeller family’s dealings with Israel are always hidden in deflection. This hides the fact of the family’s involvement in the region. Rather, the “Greater Israel” narrative is pushed. In this, “innocent” America ONLY supplies arms to Israel. The Gaza conflict exposed this fiction. The US- and behind Washington stood the Rockefeller Empire-has shown that it was calling the shots in this conflict, down to the last details. Its role was further exposed in Yemen, Lebanon, Syria and over the three True Promise operations. Similarly, the entire alternative media are now talking about Bibi’s visit to Washington as proof that Bibi controls Trump. What a joke!! This is nothing more than the key people behind Trump telling Bibi the attack plan, and the co-ordination involved. These are last-minute preparations, etc. before the war starts. In short, Bibi went to Washington to RECEIVE INSTRUCTIONS!!! The Rockefeller Empire couldn’t care less about the destruction to Israel and the loss of life. Power and global domination is all they care about. The so-called free world is not free at all. It is suffocating beneath war lies and delusions.

Conclusion

For more clarity and understanding the Iran/US relations, it would be wise to read the undermentioned articles on our site. These are as follows: –

The Iran File ————————10 February, 2016, https://behindthenews.co.za/iran-a-case-study-part-1/

The Russia-Iran-China Triangle –10 February,2023, https://behindthenews.co.za/the-empires-worst-nightmare-the-russia-iran-china-triangle-part-1-of-a-2-part-series/

The Break-Up ———————25 August, 2016, https://behindthenews.co.za/the-break-up-part-1-of-a-2-part-series/

Fortress America —————–25 November, 2018, https://behindthenews.co.za/fortress-america/

Fortress America-The Follow up 7 years later—– 15 January, 2026, https://behindthenews.co.za/fortress-america-2-the-follow-up/

Ice Nine ——————————-10 February, 2018, https://behindthenews.co.za/ice-nine-how-the-elites-plan-to-steal-your-money-the-global-financial-lockdown/

By reading these, especially the 2 Fortress America articles and Ice Nine, one would be able to understand how easy it is to forecast the moves by Israel and the US.