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Economic Collapse News - The Fed Now Warning About An End to The Dollars Reserve Status
Economic collapse news. 2019 is a year of firsts it seems... Like for the first time the Fed is talking/warning that the dollars reserve status has an end. the sudden change in sentiment that occurred in 2009, as central banks shifted from being net sellers to net buyers of Gold for the first time in 20 years. It really picked up in 2018. They added 651.5 tonnes to official gold reserves, up 74% versus 2017 to the second highest Yearly increase ever recorded. This raises some serious questions what do the central banks know that we don't about the dollar and gold.
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https://www.youtube.com/watch?v=ExSXn3kxFiI
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https://www.youtube.com/watch?v=ExSXn3kxFiI
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ebook from killer ads series on digital product marketing. buy entire series at discount
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To avoid getting lost, you have to know how to find your location.
There are no street addresses in a combat area. However, by using
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have black lines running up and down (north and south) and
crosswise (east and west). These lines form small squares called
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picture. Using these numbers, you can identify each grid square.
No two squares have the same number. To get the right numbers
for a certain grid square, read from left to right along the bottom
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The agency responsible for managing water and power in the western US said "urgent action" is needed as water levels in the Colorado River's two largest reservoirs -- Lake Mead and Lake Powell -- continue to drop. Under the new conservation efforts, 21% of Arizona's annual water allocation from the river system will be reduced in 2023.
Nevada will see 8% of water deliveries reduced, and Mexico's share will be cut by 7%. California will be spared from the new measures that begin next year.
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The reductions could be the beginning of a water crisis for the 40 million Americans in seven states (Colorado, New Mexico, Utah, Wyoming, Arizona, California, and Nevada) that heavily rely on the river for freshwater and power.
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https://www.youtube.com/watch?v=cNHMJ4BkDxM
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Economic collapse news, October 2019.
5 OZ Silver Bar At Spot Prices:
http://sdbullion.com/sru
The growing fears of a "panic mode" bank runs has led to a new ban on removing large sums of cash from the country. The economic slowdown in emerging economies due to recent dollar strength is beginning to take its toll as the people begin to lose confidence in the currency. We also take a look at the growing wealth divide throughout the "economic recovery" and find it hasn't really been a recovery for everyone. They reported we reached an all time record net worth not to long ago. We find the majority of wage earners and workers have actually had declining net worth.
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https://www.youtube.com/watch?v=WcCI-_MD0C4
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To sum up this episode everything is falling to pieces and silver is beginning to find out. Silver prices surged over 10% since yesterday's episode breaking through $22.58 an ounce and Gold put on quite the show as well. It's becoming clear Gold is approaching all-time highs with haste as the economy continues to crumble under the surface and the money printing is starting to take effect on the precious metals market as it did during the first instances of QE during the great recession. It was always the money printing that pushed Silver and Gold prices to extremes we witnessed during the last recession. The money printing has only gotten larger and it seems we are approaching the end stages of a fiat currency. Commercial mortgages are beginning to fail as delinquency rates are approaching record highs again. During the housing crisis this took over 2 years during this recession we reached 10.3% in around 2 months. Hotels and retailers are the biggest outlier and many will not come out of the other side of this. NYC is going to be a heartbreaker since it is the number 1 contributor to US GDP and the current expectations are their economy will contract by a whopping 13% something that would make the Great Recession look like a walk in the park. The banks are currently planning to reduce their footprint by 20% and many businesses in the city are doing the same 25% of NYC businesses are currently planning to reduce their footprint and the current consensus is they plan to bring around 10% of their workforce back to their NYC offices during the summer, they said they hope to reach 40% by the end of 2020
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https://www.youtube.com/watch?v=3xc3nHvN_2g
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Economic collapse news. JP Morgan joins Morgan Stanley in a warning for the future of the US stock market. The problem is the current price the earning ratio is ridiculous we haven't seen anything like this since the tech bubble in 2000 or the stock market crash from 1929. JP Morgan predicts the increase in negative revisions will be what gets the drop rolling. According to a new survey by Zillow most housing market investors believe we are entering a 2020 recession. So I guess it's safe to say things are starting to look up.
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https://www.youtube.com/watch?v=41Qo5Kb3iBA
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De Beers diamond sales have begun crashing. Typically in recessions this is one of the first indicators. Luxury items like mansions or even discretionary spending seem to dry up. We have been covering the fact that the wealthy have been moving to cash as top tier real estate has been losing value. The fact that even De Beers diamond sales have begun to slow down. The issue has become so bad De Beers is actually allowing buyers to take half or even offering to purchase some of the diamonds back from the buyers. The wealthy are always the first to know a recession is on the way.
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https://www.youtube.com/watch?v=UiHDbb8X_OU
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This has been the best year for the global billionaire class. Over the past 12 months, US household net worth has increased by:
Q2 2020: $7.92TN
Q3 2020: $4.26TN
Q4 2020: $7.9TN
Q1 2021: $5.1TN
Q2 2021: $5.85TN
... a grand total of $31 trillion. And since the bulk of this wealth goes to a fraction of the wealthiest 1%, it means that this economic crisis has been the biggest wealth transfer in history, making America's richest even richer.
Looking at the composition of the wealth change, $3.54 trillion came from a gain in stocks, $1.2 trillion was from an increase in real estate values - the biggest quarterly increase in housing values on record - and another $1.1 trillion coming from "other sources."
We also need to talk about CBDC's or central bank digital currency. Included in the Digital Asset Bill, amendments to the Federal Reserve Act and the definition of legal tender are proposed. These amendments drastically expand the powers of the Federal Reserve, and change how money is created and distributed in the US.
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https://www.youtube.com/watch?v=jc2V3EOmNoc
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A famous Instagram "influencer" Hushpuppi, also referred to as the "Billionaire Gucci Master" Ramon Olorunwa Abbas, living a life of private jet setting and luxury on Instagram in front of his 2 million followers questions started to arise about how he obtained and maintained his wealth. The answer lied in the evolution of the often mocked "Nigerian email scam"
United States of America v. Ramon Olorunwa Abbas, which alleged in a California federal court that Abbas engaged in "consp1racy to launder money obtained from business email compromise frauds and other scams".
I am actually shocked to find that the field can be so profitable and these intricate networks have been developed simply looking for companies to accidentally send them payments.
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https://www.youtube.com/watch?v=7_DRHIXmsVs
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