In this episode of the X22 Report: Moody’s warns that the private label credit cards are going to be in trouble as more and more retail stores close. Q1 GDP was revised to an incredible 1.4. What made GDP surge, the spending on recreational vehicles. Banks begin to buy back there own stocks, this is not going to help the economy. The Treasury will run out of money by mid-October. Fed Ballard says the Fed has lost control of the market. Traders are worried about what Yellen says. The central banks are working with each to crash the system.

CNN tries to push their agenda on immigration but gets shot down by Homan. Paris is building a wall around the Eiffel tower. Duerte told his soldiers to take back the country by using every and all means. ISIS revenue down, land is shrinking to nothing, the IS is basically eradicated. US retreats from Al-Tanf and now is in the middle of nowhere. Putin says the foreign agents are trying to have regime change in his country. Trump is going to meet with Putin and it seems there might be some type of event to stop this from happening. Indicators are pointing to something happening starting Friday and running through next week.

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