Greg’s position on Bitcoin
#federalreserve #economy #yieldcurve # Mannarino
System Will ‘Wipe Out’ Entire Class as Global Economy Spins Into Free Fall, Warns Greg Mannarino
517,580 views Jul 25, 2022
Stansberry Research
517K subscribers
“I would argue that we’re way, way worse off than a recession here right now,” warns Greg Mannarino, founder of https://traderschoice.net/ and financial strategist. The yield curve is, “extremely inverted,” at this point and, “the global economy is in free-fall, it’s not going to stop,” he exclaims to our Daniela Cambone. “The system demands that debt be created, every day by every mechanism possible,” Mannarino explains as the government intends to, “exert more economic control on people.” He concludes that the Fed only has one tool in its arsenal, “and it’s how they can manipulate the debt… that’s it.”
#federalreserve #economy #yieldcurve
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Chapters:
00:00 The Fed’s plan of raising the interest rate by 100 bps
4:25 Is inflation a hoax?
6:50 What is the Fed trying to achieve?
8:17 Where will the stock market go from here?
10:29 Have we begun a recession?
14:07 Debt-based economic model
17:34 How should investors protect themselves?
21:10 Why isn’t gold or silver higher?
23:15 Precious metals manipulation
25:34 Cash vs. precious metals allocation
27:40 Greg’s position on Bitcoin
what’s going to happen at one point people are going to say i’ve had enough what do we also find out recently 75
6:17
of middle income by their own data 75 percent of middle income earners here in the united states they can’t make it
6:23
anymore uh and you know you got a stock market this has been rallying recently off the continuing bad economic
6:30
news it’s astonishing to see nothing makes sense if you really sit back and understand what’s happening then it will
6:36
make sense to you the system is designed seriously to destroy an entire class of
6:41
people create more inflation push wealth up to the one percenters and uh and and
6:47
then a new system is going to be uh instituted okay so let’s talk about that what’s the end game like why would they
6:53
want to strangle an entire class of people what’s what do they want to get to control it’s all about control
7:01
um they’re trying to make people dependent on the system more people that
7:06
become dependent on the system makes the system stronger so what they’re doing here and i’ve
7:12
outlined the center for several years is trying to uh get members of previous
7:17
members of the middle class and force them to the lower rung of society here
7:22
um what else do we know i mean by their own numbers here we’ll use their own numbers uh the the savings rate is now
7:29
negative we have people now here personal debt household that consumer
7:34
debt continuing to skyrocket with no end in sight and what they’re trying to sell people is a very interesting thing
7:41
they’re trying to tell people that swelling debt
7:46
either on a micro level which is the individual or on a macro scale globally is growth they’re trying to twist this
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