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The month of March has been very chaotic and while the world focuses on the Russia/Ukrainian conflict they have left out the most important financial news which happens to be #BankRuns. There has been three #banking crises in a two week timeframe and you should be concerned.
The Treasury Department this week reported that the total national debt of the United States surpassed $30 trillion for the first time in history, an amount equal to nearly 130% of America's yearly economic output, known as gross domestic product. The eye-popping figure makes the U.S. one of the most heavily indebted nations in the world.
Thanks for watching this RTD Q&A ft. Kurt Wuckert Jr. Â The #Bitcoin we see today is not the #BTC of old. Once the Shadow Government got involved through the banks and the creation of #stablecoins the entire narrative changed. Â Subscribe & click the đź”” icon to be notified for future video uploads. Â d investment advice. The information shared is for the sole purpose of education and entertainment.
Today James Turk, author, investor & founder of Goldmoney.com, joins us to share his thoughts on the collapse of the Government, the failed currency experiment, and how all these events leads to the removal of our freedom.
Thanks for watching this RTD Q&A ft. Jack from Nobody Special Finance. Â We discuss the top global economic events such as #China's real estate crisis, #Russia/Ukraine, #silver, and more. Â Subscribe & click the đź”” icon to be notified for future video uploads.
The #FederalReserve issued #discussionpaper as the first step in fostering broad, transparent public dialogue on CBDCs, potential benefits/risks of U.S. #CBDC.
Price controls are always mentioned after monetary policy drives up consumer prices and Government tries to come in to save the day. The problem only worsens because Fiscal and Monetary policy always leads to more price instability from confidence being lost in the currency.
China has warned the US and Europe against a rapid rise in interest rates that would “slam on the brakes” of the global recovery from the plandemic.
U.S. #inflation hit its fastest pace in nearly four decades. U.S. #retailsales dropped by the most in 10 months in December. U.S. #consumersentiment declined in early January by more than forecast. In the second big jump of 2022, #mortgagerates again rose to a high not seen since the start of the #pandemic. Â The #FederalReserve is talking about tightening at the same time the #economy is showing signs of weakness.Â
There will be an event before this all plays out because it's now mathematically possible to stop this Ponzi scheme.
The December Consumer Price Index (#CPI) data was just released and it shows a 7% annual inflation rate. That's the highest #inflation in 40 years. Â Households are starting 2022 from a precarious position. Their excess savings from the #stimulus programs are gone. The cost of living is skyrocketing. And interest rates are heading up -- which may trigger a market correction and possibly also a recession.
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