Brace Yourself, It’s Going To Get A Lot Worse Before It Gets Better – Episode 1312
06.23.2017 - By Dave
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In this episode of the X22 Report: India joins the Bitcoin revolution. Ford is not building a plant in the US and it is not building a plant in Mexico, they decided to go to China. Illinois comptroller says they are very close to a major crisis. Existing homes sales popup but first time buyers only accounted for 33% of all sales. Many of the other sales were investment firms. China tries to stop the yield curve from flattening or inverting but could not do it. The central bank is getting ready to blame the economy collapsing on Trump, already he is getting blamed for falling oil prices.
As oil prices fall, and other economic indicators point to major problems int he economy it is only a matter of time before the entire system comes down. McCain institute is very similar to the Clinton institute. The US Treasury department places sanctions on Russia. The Senate pushes a bill for more sanctions, the House is trying to stop the bill from moving forward. South Korea wants to join up with North Korea for the next Olympics. North Korea says it will talk about stopping its nuclear program if the US and South Korea stop the military drills. NATO provokes Russia by intercepting a Russia plane and showing its weapons by turning away from the aircraft. Lavrov reports that the de-escalation zones are to separate the moderate rebels and the terrorists. The US has no authorization to shoot down a Russia, Syrian or Iranian plane. Pentagon wants to re-establish the deconfliction communications.
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