Economy stronger than ever! Ukraine winning! We defeated Hitler! Trust me. - Karine Jean Pierre

@lukemckay3262

25 күн бұрын

I recall the media endlessly harassing Trumps pick as spokesperson when she fumbled her responses or offered “Alternative facts” These same actors give Pierre a gold pass and soft ball questions no matter what nonsense she spouts. Hypocrites

@JohnTheBaptist2022

25 күн бұрын

And ghost of Kiev is real 😁

@anatol1204

24 күн бұрын

Greek orthodox Christian saints predicted many years before you ALL were born that America will go bankrupt and the dollar will be a piece of paper.Many didn t listen to this (many atheist Greeks also included ..) but now the bill is coming.They also told as that the price of oil will skyrocket and the economies will fall the one after the other.All the others live in their own farry tails because they think that their personal or ethnic interests are above people of God's insights..The three big events that will unlock this storm are the war of Israel against Iran the economic crisis in Japan and the Turkish attack against Greece.When you see these events becoming newspaper headlines you will know that we reached the critical point.

@volvo245

24 күн бұрын

Its only fitting that the spokesperson for Shitehouse is a Haitian, who's not that distant ancestors probably also ate pussy, but for real.

@poulschioler3319

24 күн бұрын

Delusional nonsense; Ukraine is loosing on all fronts. You did not defeat Hitler, the Red Army did. Trust you???

Your house is not yours until you pay for it. Dont renovate bank's house.

@richardnixon7248

24 күн бұрын

It's not totally yours when you pay for it either

@ViceCoin

24 күн бұрын

Even if you paid off the mortgage, you still owe property taxes.

@Noqtis

24 күн бұрын

If my house is not my house, why should I defend the house of another man when the country gets attacked? I can just move to another house in another country, wait it out and move back. Not my house? War is not my problem.

@johnbuterbaughsr.933

24 күн бұрын

It's still never really your home unfortunately.

@FhillipFry

23 күн бұрын

Nothing is yours, it's the governments.

You are exactly correct. This is not the time to take on debt or to make large expenditures. Here in Texas, land values are already starting to decline, which means the economy is already starting to decline. The governing coalition in the USA has gone off the rails, in every respect. If you are in another country and have the ability to decouple from the US dollar, you should. The USA's financial infrastructure has the ability to recover from an economic downturn and a dollar decoupling, but most of the rest of the world does not have the ability to survive the dollar-driven shock waves that are coming. The BRICS countries have the best hope, assuming they can get the new BRICS currency and trading system started quickly enough. I'm a former lawyer and chief financial officer. I have worked as a financial, budget, and treasury analyst in several Fortune 500 companies.

@salokin2410

25 күн бұрын

Thanks for the insight, glad to know I’m not insane.

@DefensePoliticsAsia

25 күн бұрын

Yeah, I just broke the news to my wife regarding this report - the situation is worse than I imagined (I know a crash will come, but I didnt know when... but now this look terrible... and terribly near) But its very disappointing that I have to shelf my reno plans....

@loyeyoung1068

25 күн бұрын

@@DefensePoliticsAsia BTW, thanks for the reminder that I need to renew my support for your channel. 😀

@jenghiskhan69

25 күн бұрын

Have your land cherry picked for during the crash you cash in

@jenghiskhan69

25 күн бұрын

Also buy short squeeze play stocks. Not financial advice

The 1% won't suffer.

@user-vr1np2mo6h

25 күн бұрын

.00001%

Don't worry about renovating your house right now. Finish paying for your house, make it yours...then renovate.

@davidlazarus67

25 күн бұрын

A lot of renovations can be cheaply done and even by the home owners. Concentrate on maintenance.

@Isahiyella

25 күн бұрын

They're just going to raise taxes on your house until it is the same as carrying a mortgage. America is lost.

@FeasyFren

25 күн бұрын

​​@@IsahiyellaNo they won't, if they did that then people couldn't buy or rent anything lol and the economy runs on people spending money, can't do that if they cripple everyone, they will probably raise them enough to keep you on the edge of homelessness though frfr

@zeusthejuice3583

25 күн бұрын

​@@FeasyFrenGiven growing US homeless crisis, looks like they have already pushed it too far.

@theremnant117

24 күн бұрын

@@FeasyFren Haven't you been paying attention to the WEF and such? They want to push a new and Orwellian currency and social credit type stuff.

Dumped all my bank and tech stocks. I bought physical gold, dividend paying gold and oil stocks.

@stephenlyon1358

25 күн бұрын

when the bombs fall, let me know how the gold tastes.

@averageamerican6727

25 күн бұрын

Like lead ​@@stephenlyon1358

@bonaviafx9434

25 күн бұрын

@@stephenlyon1358 when the bombs fall no asset will save you

@koskok2965

25 күн бұрын

@@stephenlyon1358 So he should've invested in canned beans instead, genius?

@XPLiZARD

25 күн бұрын

@@stephenlyon1358 gold tastes pretty damn good when prices for goods skyrocket

I'm not an economist although I did minor in it at University and have followed the economy and economic analysts for years. Most economists I trust are predicting a depression bigger than 1929. Whether it comes before Nov 2024 or after seems to be anyone's guess, The Fed has been making political decisions rather that economic. They most likely know the jig is up no matter what they do.The debt is unsustainable. Whenever getting a loan, always get fixed rates, not variable. Many in US are stocking up on food, batteries, medicine, ammo to survive a 6 month to year disruption in the supply chain. Things you can barter with and live on. The people of the world are in this together. In America most of us now know about how the evil warmongers have been using continuous war for 70+ years to stay in power and keep the military industrial intelligence complex rich. Things are coming to a head and it is anyone's guess what will happen as they try to stay in power. Read about Operation Gladio if you don't know about it.

@DefensePoliticsAsia

24 күн бұрын

Yes. Thats my prediction too... its looking like it will be as bad as the great depression....

@death_parade

24 күн бұрын

@@DefensePoliticsAsia How do you think that is going to affect the situation with the US trying to de-risk its semicon supply chain away from Taiwan? Will it affect USA's plans to move more of semicon fabs in-house?

@danielhutchinson6604

22 күн бұрын

@@death_parade Do you assume the USA is actually seeking a path to becoming the World's Computer Provider? That might make a few bucks, but who will feed Americans as the Food producers run out of Stainless Steel to process food products? The USA has pissed away their domestic supplies of resources. They were mostly gone by 1980. The industrial Infrastructure followed the resources into the Colonies. The G-7 Nations who enabled their lifestyles with Colonial Exploitation, now notice their former Colonies have gone behind a BRICS Wall. The minerals and Energy products that were sold to enable profits have gone. The US have some Gas left. The USA needs the resources the Russians and their BRICS Buddies now appear to own. The ability to discuss prices with a Trade Union, seem to cost more than the USA can afford.

Of all the signals I think the fact that interest payments on the US debt exceeded $1 trillion in 2023, 7 years sooner than expected. Was the biggest red flag that something was very wrong.

Stop being right all the time, Commander! We need a break lol.

@DefensePoliticsAsia

25 күн бұрын

haha.. this news literally forced me to rethink my plans... just broke the news to my wife about possible plan to shelf the extensive reno.... =="

@obsida

25 күн бұрын

Pls dont do video about nuclear war ​@@DefensePoliticsAsia

The cheap venture capital is gone. Which means companies have to actually make money to roll over debts now.

@davidlazarus67

25 күн бұрын

Many won’t be able to. Same for lots of western commercial properties. Lots of collateralised debt obligations will be exposed as fraudulent.

@garethmartin6522

25 күн бұрын

I don't think so, there's loads of capital around, lots of speculative investment in AI. Also profit rates are high, very high, surprisingly so.

@greyfox79007

25 күн бұрын

@@garethmartin6522 Fed rates going up sucks money out of the system because you can have “risk free” returns by parking money in a bank.

@ballsbuster5075

25 күн бұрын

Venture capital is never cheap. In fact, it is always the most expensive there is.... the cheap source of money for venture funds is gone, that is true, but it is a different issue.

@danielhutchinson6604

21 күн бұрын

@@garethmartin6522 Fiat Currency is not as stable as Gold Standard Currency. The fickle winds of change appear to drive the value of any fiat currency up or down with the desires of Consumers to discover profits. The current ability of the BRICS Group to offer a more stable form of currency to deal with the 70% of the World's Resources that their Associates now own, the ability of the USA to dictate Economic Policy is fading fast. Wiemar Deutschmarks were plentiful as well at one time.

"Everything is looking like shit" best analysis I've heard all week. FJB

Dedollarisation will cause the biggest crash we have ever seen, the $32 trillion US debt will become real at that point, though it will probably be $40trillion by then.

@jeremyhorne5252

25 күн бұрын

Try 34.7 trillion - yes, it is THAT bad - an inverted Jack's beanstalk headed towards Hell.

@keyboardoracle1044

25 күн бұрын

@@jeremyhorne5252yep, you are right, it has been a couple of months since I last checked.

@joelm780

25 күн бұрын

Dedollarisation is a must. No way out😊

@loyeyoung1068

23 күн бұрын

Dedollarization will not cause a crash in the USA. We already have the financial infrastructure to trade foreign currencies, almost transparently. The existing USA debt will simply be rolled over into new debt. What will happen instead is that the USA would not be able to export its inflationary monetary and fiscal policies. Right now, the USA can simply issue more debt or print money to fund huge deficit spending, and the rest of the world bears the resulting inflation because everyone must pay in dollars. If the world transitions to other currencies, especially for energy, the USA would no longer get a free ride. Traders could short dollars and pay in more stable currencies, such that dollar-denominated inflation would be firewalled inside the USA.

@keyboardoracle1044

23 күн бұрын

@@loyeyoung1068 Also US would not be able to just print currency, it would have to earn it to trade with other countries. The destabilisation could easy crash the US economy given the ammount of debt they have. It also stops the US ability to sanction other countries because they have other currency options. Makes it harder for them to create unfair trade agreements as well. If you ask me the drama in the South China Sea and Ukraine has more to do with protecting the dollar then anything else. Both are designed to put pressures on the BRICS. With hope that tensions will cause a break up, though the opposite seems to be true, the BRICS has only gotten stronger because of these conflicts.

When the war started I was on Facebook gauging the reaction of the people and basically I could hear the cheering and the drums playing as people openly applauded sanctions upon Russia and this rot about Putin being liked to Hitler. People laughing at images of dead Russian soldiers and the list goes on. My 1st thought was we are fecked and I was saddened by the people openly wanting war with Russia as we blundered to war. That was a sad day. The propaganda was astounding the lies thick.

@danielhutchinson6604

21 күн бұрын

German Citizens assumed their Leaders were correct, until Stalin proved they were not. Americans appear to notice the resemblance to Goebbels, as Tony Blinken says the words that Victoria Nuland puts in his head.

Remember Victory day in 1945 when USSR captured Berlin ALONE. No matter how they try and change history, that fact remains true. Super Putin said "So much Russia winning alone while the EU and Nato lose together." I actually made that up to bother the Nafo fools. It's my quote from 2023. Slava RUkraine.

@sparxumlilo4003

25 күн бұрын

I wonder how many seconds that deception lasted and what it was meant to achieve?

@user-lx1hv9bq8j

25 күн бұрын

So u r 4 Ukraine?!!! 😡

@kendog4971

25 күн бұрын

Why when Russia captures a small village of 500 people the click bait sites act like they just captured Berlin

@kendog4971

25 күн бұрын

Russia is a hollow shell of what the USSR was

@GeoPoliticsCommentry

25 күн бұрын

@@user-lx1hv9bq8j Are you crazy Slava RUkraine and F the ukraine.

Sorry guys, we screwed this up for all of us. I’ll pay off my credit cards tomorrow.

@SunriseLAW

25 күн бұрын

I represent your bank and I am pleased to tell you that your HELOC has been approved, we will pay off your credit cards out of loan proceeds.

@emperor_sunshine

25 күн бұрын

@@SunriseLAW is that some sort of gun?

@SunriseLAW

25 күн бұрын

@@emperor_sunshine Home Equity Line of Credit...HELOC .

@emperor_sunshine

25 күн бұрын

@@SunriseLAWlol would you believe me if I told you that I knew that, but was trying to give you the most American reply imaginable?

@richardnixon7248

24 күн бұрын

​@@Pax.Alotinmost people use debit cards

From the net "Australian mortgage rates peaked at 17% in 1989-90. Australian household debt loads have tripled since 1990 as house prices soared. Therefore, Australian households today are far more sensitive to interest rate hikes than they were in 1990." I remember people were giving house keys to their banks and walking away.

Possible crash? It's a guarantee crash. 10 times worst than the last. This crash had been plan for the last 10 years.

@louise_rose

25 күн бұрын

One of the drivers behind the 2008 crash was the rocketing costs of the two botched wars the US had kicked off in the Middle East. People are now pretending that the huge expenses and industrial disruptions triggered by the Ukraine War are somehow not going to make an impact (not even if the war were to expand uirther) - once again people refuse to learn from how economics and politics interact...

@jugganaut33

25 күн бұрын

Not planned. Kicked down the road. There was no recovery from 2008. Things have only been getting worse. The black molds just been painted over with printed money

@davidlazarus67

25 күн бұрын

@@jugganaut33Plus leaving interest rates at emergency levels for many years.

@louise_rose

25 күн бұрын

@@davidlazarus67 Agree (an earlier reply from me to the OP seems to have got muted by the Tube)

@restoreupscale1521

25 күн бұрын

​​@@jugganaut33Interesting, you're saying it got better for a while only to crash even worse? How bad you reckon is it gonna be this time? Is the east gonna be affected? I remember in 2008 the crisis was a hot topic, but I didn't feel it in the slightest in Russia. We were actually doing pretty good. Now is a different topic, different problems.

Feel so incredibly lucky right now, zero loans and a safe income. investing in gold and silver.

@richardnixon7248

24 күн бұрын

What's your "safe income"

@andreasfjellborg1810

24 күн бұрын

@@richardnixon7248 Working for the municipality, decent pay, good working hours(night shifts 7 days on 7 days off). Even if economy goes to the bottom, i will still have my income.

@Noqtis

24 күн бұрын

@@richardnixon7248 sucking d***. demand will never go away. pays good. doesn't need much time. doesn't get saver than that.

Another great financial crash is overdue! Look at asset prices. The bubble is now MUCH BIGGER than it ever was prior to 2008. The US Stockmarket indices are now more than double what they were in 2007, while the size of the US economy hasn't come even close to rising by the same proportion. It is a similar story with real estate prices. Look at that yield curve. I remember in 2019 when the yield curve became inverted, and was thought a recession was due (the US hasn't had one since 2008). However, everything was disrupted by Covid, which may have temporarily popped the bubble preventing a true end of the last economic cycle. But Covid ended with a surge of inflation, trillions in printed money, and stock values have become even more inflated than they were in 2019. I agree we are about to see a crash. As for how deep and how long, that's going to be the question. Covid merely disrupted processes that were happening anyway by kicking it further down the road.

@danielhutchinson6604

24 күн бұрын

If the US Commodity Brokers began to notice an increase in arriving resources, the Covid might have been a welcome reprieve from increasing prices. Something to blame everything on? We might even say it was very fortuitous? Could a Couple Spooks deliver a small vial of Govid Germs to China to create the Plague? The Freedom of information information will never be known? The Government will just become insolvent. The Currency like Wiemar Deutschmarks lose value. What is the next Economic miracle to save Capitalism?

Between 2006-2010 I’d never earnt so much, people were more than willing to spend on things they didn’t need but wanted…

Credit card debt, students loans, mortgages... Then we have unrealized losses of American banks as well. EU is in terrible condition. Much much much worse than before 2008. No banker was punished, no jail... so why to change anything. This is why the west (US) is pushing so much in Ukraine. If they win, the golden age of plunder will begin and Russian resources will pay for everything. (together with Venezuela, Niger...) All debts forgotten. If they lose, the debts will be nothing but debts in the west. Trump was clear about it: In Syria we are because of oil. Venezuela was about to crumble and all the oil would be ours. (the US companies used to pay $1 per barrel to Venezuela) Russia loses and no one will dare to oppose American order. Russia wins and the age of living on unimaginable debt is over.

@danielhutchinson6604

22 күн бұрын

When the Oligarchs ask for more support, Who will provide it? When the USA hits the BRICS Wall and the Crash reveals their ability to pay is gone, What happens to all that Debt? What was the plan to pay off the Cost of Victoria Nuland's 30 year long War on Russia? All the G-7 Guys created the Lifestyle they enjoy, with Colonial Exploitation. They all want the Colonial Empires to come back again. You did describe the desire to exploit Russian Assets to mane profits. Few have seen that fact. The USA Pissed Away their Domestic Supplies of resources, by 1980. The US "Defense Budget" appears to be an offensive project?

And now you know the reason for the endless wars

@hudsonthereal

23 күн бұрын

Generally always the rich guys do not want to pay and so they send the sheep into the war.

@danielhutchinson6604

21 күн бұрын

The development of profits from the domination of a Colonial Empire, do come at a price? The ability to dominate with Bullshit, appears to limit the powers that NATO claims to possess? The conflicts that are designed to dominate Colonial Regions to enable the appropriation of their resources, now seem to be revealed as plain old greed. Humans should not be dying to support the greed of a small number of individuals. The era of Colonial Empires now seems to have ended. The USA seems to be slow to understand, just like Hitler was a little slow on the understanding that He had put Germany into an awkward position.

The Afghan war crime and failure alone could have erased all US citizens credit debt. Ask Americans what they would have rather had.

@cruiser6260

23 күн бұрын

People without any cc debt would rather not have the country go into debt to pay for other people cc debt. People with 5k cc debt would rather not have trillions in national debt to pay for people with 50k cc debt. Anyone with cc debt can declare bk. So if the govt is going to pay off cc debt, what I want is to know in advance and go max out my card I don't even use.

As Elena Petrova had a video from 2 weeks ago, the IMF gave a warning to Washinton DC on the levels of the National Debt. Servicing the National Debt is going to be the second highest item in the US budget in a few months.

Many US citizens have high debt and I think your commentary was spot on. This was a very good episode and hard times are coming to the US economy.

we are screwed. - risk analyst

@sergejadam8860

24 күн бұрын

so many people around, at least I won't go hungry. 😋

During any economic crash, I always change careers to be a repossession guy... Cars... houses... credit card collection... and evictions. It's a great business opportunity when the economy turns to shit.

Let me give a simple overall explanation. Everything began during the Nixon administration when the France and other western countries tried to withdraw their gold reserve from the USA (kept there for safety during WW2) because the USA was overspending for Vietnam war. Nixon stopped all this and introduced the USD to replace the gold standard. The dollar is tied to the oil market...meaning you must buy oil only with USD exclusively thus it creates a fiat value. Also, the USA began selling government bonds, where they other countries pays the USA with their US reserve for this bond for the promise of dividend. This also artificially creates a demand for USD because people needs it to buy US bonds and it allows the USA to take away USD in circulation creating a deflation or rising the value of the dollar. Here what we have is a Ponzi scheme on a global level. Every economy that have yet to leave and join BRICS may soon be dragged into this mire...Japan at the moment is a good example...followed by South Korea as soon as their currency could never keep the balance to profitably pay for imports of mid level material like rare earth for their export industry. Why the West must win the Ukraine war? Because they want to exploit and plunder the Russian natural wealth like the time of Boris Yeltsin. Only by exploitation could they delay the Ponzi scheme from spiralling out of control. What the West is doing is transferring their debt into others thus destroying countries like Latin America, Middle East, Afghanistan, Carribean, Africa, etc. It reminded me of a certain African country that made loan to build hydroelectric dam. They have to bear burden of the loan but also the electricity out in majority must be reserved for foreign aluminium industry...even today that country lacks basic supply of electricity for its people despite a huge hydroelectric resources. It is hard to explain but this has be done before by the German Nazi government. It is explained in detail by a KZreadr called Tik. It is a form of an economic sledge of hand so it is hard to understand. So in short...yes there will be an economic crash...unless the West could find another scapegoat to dump all its debt thus delaying the crash for another decade or so...thus the cycle continues.

@CornpopBadDude

25 күн бұрын

Not necessarily the Vietnam War. The JFK Doctrine entirely. JFK reformed the military into Endless War Mode and launched the crusade to take over the Earth. Nixon swapped sides and became a NeoCon, a republican in support of the JFK Doctrine policies. That is why France called in their US Gold Bonds. Because Nixon swapped sides and joined the "Progressives". You forget something though. Ronald Reagan replaced the Gold Standard with the American Dream Standard (American Dream is a 3 bedroom house, 3-4 kids, 60 hour a week job, mother stays home and raises the kids. A dog, or 2). When he layered the RMBS system to be the foundation of the modern day US monetary system. Leading us from The Great Inflation to The Great Moderation.

@CornpopBadDude

25 күн бұрын

The Current US debt problem isn't that big a deal really. The 2008 was so much worse than today. Basically in 2008, China and Japan saved the West from collapse. However, in this season, its China and Japan in serious trouble. And the USA going to have to figure out a way to save them. Europe just being Europe. Nobody really cares about Europe.

If you have money saved up, buy gold as a store of value, and a hedge against economic disaster, other than that the only thing you can do is try and earn as much as possible and spend as little as possible to build up a cushion.

@sergejadam8860

24 күн бұрын

Live your life, no one will go hungry. Than just finance promises (assets) are balanced against debts. 😮‍💨 All the super duper profits for years, ask yourself how profits are possible? This is not a bug, but a feature of capitalism.🤭🤫 Yep someone can benefit from inflation but you have to get through the deflationary phase first. 😟🥴😱 Stop worrying too much. Life is a game you can't win . Don't bury yourself in fear.☺😊

The Austrian economists predicted this years ago… Almost as if they knew…

@CornpopBadDude

25 күн бұрын

The Keynesians economists been pulling their hair out for 15 years saying "What are you lunatics doing!!!!"

Lot's are reporting this, thanks for mentioning this.

Fiddling with interest rates messes with true economic signals, kicking the can down the road delaying the inevitable. The road is ending

Office rental issue is the covid remote work not returning to the office thing

Thanks Wyatt. My CPA told me about this 2 months ago and she changed around my portfolio to reflect this. I'm not sure whether it's a crash she told me that in the best case scenario everything will just plateau for some years

They LL just "print" more money.

All this financial crashes could be avoided, if people elected to govern a country, became more independent, but the problem that exists in these days,most of the countries are govern from forces from abroad, unfortunately😢.

Thanks Wyatt. Good vid.

in 2020-2021 they printed to much totaled $13 trillion ($4.5 trillion for quantitative easing QE) . Big companies (amazon, tesla, microsoft,oracle etc) recived a lot of money to maintain and grow their shares. That (credit card) is an inflation transfered as future obligatins to the consumers as the prices for basic products are growing and the salary not...This process(more credit instead more salary) began in 1972

I moved my investments out of the US a few weeks back. They are in India and China now, scared of US financial collapse.

Gold and digital coin. Also get rid of any debt you may have.

No#1 advice, don't over extend.

The fed has lost control over inflation, the Chinese are not Buying dollar denominated debt, they are dumping it for gold, the Japanese are also doing the same, but very slow, so long as people are not buying dollar bonds at 1.2% rates and they want more bcos it's a risky prospect, their bond offerings will only sell at higher interest rates.

You are completely correct, this is important.

Gold and Swiss Francs are a must have.

You are not an economist but a very good and efficient news analyst/presenter , facts and historical comparisons one after another and in short time! I already sent those to people that are not interested in frontline reports but would definitely see this. Thank you, try more analysis reports out of the ukranian war, the Israel/palestinian borderd maps debunk was very good as well. A thing I would be interested would be a historical mapping of the current war in Gaza and how the safe zones worked in relation to military operations through the war. Couldn't find anything explaining when and where people had the option to evacuate.

@DefensePoliticsAsia

24 күн бұрын

Thanks! There is actually ONLY ONE safe zone declared by Israel, and its by the sea (where we saw all the aids getting parachute down) - but of course, people still dont heed Israel's warning... =\

@miskas123456789

24 күн бұрын

@@DefensePoliticsAsia oh I thought they were changing this safe zone or it was too small , and they redirect them to a new one now for rafa attack. Thanks for reply btw, if you don't want to make a video , could you sent me a source or something that explain the situation ?

and thatswhy we dont need a unipolar world

About personal economics, don't borrow unless you can pay it back under your "worst case scenario". My uncle bought his property and lived in a travel trailer for 10 years while he built his house, paying for the materials out of his paycheck ending up with the house free and clear. Don't be a debtor, be an owner. Other than adverting a greater catastrophe, such as a leaking roof, do everything with "cash on hand".

Comment from listener on Alexander Mercouris livestream on Wed. “DTCC sent out advisory on 24/4 effective 30/4 stating that most money centre bank bonds including JPM GS Barclays ISB Deutsche etc etc are no longer valid as collateral AKA s 100% haircut, ditto any EFT based on Bitcoin. No doubt Blackrock have already bundled these up and dumped into the already bankrupt pension funds” I have no real clue what this all means but maybe someone else will.✌🏽

@antpoo

24 күн бұрын

Alex Mercouris, Google that guy. Total scammer. Was publicly shamed when he committed fraud. That is a scary comment you mention however, I’m gonna look into it.

2008 was kicking the can intill today ,,,,,,,,we went broke in 1972 in states as are currency is on a temporary pause,a rest bit as Nick son in office told us live

this is your best analysis, good job, i agree with everything you said, if they decrease intrest rat they won't be able to sale bonds

The Fed should have taken inflation seriously three years ago.

@markotoshich7676

25 күн бұрын

You mean "transient" inflation?

@Noqtis

24 күн бұрын

They should have taken inflation seriously 20 years ago. But than... they did. that's why they made this situation in the first place.

First! good job as always. Keep up good work. Love and respect 🙏

Don't worry about stuff you can't control, if you need extra money depending on what you do perhaps get a small side job or something. I know a man he had like 5 jobs, he slept in 10 minute intervals like Batman for about 10 years to pay off debt of his ex wife who was a gambler and feed 4 adult children (lazy) and one kid. Now he only has 2-3 jobs ... don't go like him, normal people would die in a month, but something easy for short while then a pause then again.

Serious stuff

Warren G Buffet isn't buying up her

it’s certain. it’s not a question of “if”, but “when”

The UK just had the fastest growth in 2 years exiting a recession.

Welcome to economics Aaaaaaaasia 😆

I read one article that China is buying more gold then ever, could it be connected or could they be anticipating what you are telling us.... For me in Africa......I don't even know what could be the solution to this..... Please any give us the way to go about this situation it was to happen. 🇿🇲

@manofthepeople2165

25 күн бұрын

I would buy gold too

Pay off your mortgage and make major improvements if essential - dont worry about your house being a bit scruffier than your friends. Its like your car being the worst in the car park, As long as it goes and is paid for its still a car.

@DefensePoliticsAsia

24 күн бұрын

Yeah, so currently thinking of a different plan on how to finance or manage the finance for the reno.... because its too risky given everything that is happening...

I think an economic crisis, particularly a big one, would spell massive geopolitical changes also. Obviously this would make it impossible for the West to continue the Ukraine War in the same way. But beyond this, the ripples would be huge. Consider the following as one example. Taiwan exports about as much to the People's Republic of China as the quasi-state does to the entire West. If Western imports drop considerably, Taiwan's roughly equal division of exports between The West, the Global South, and China starts being quite unbalanced. China already has clear power over Taiwan economically. This would mean the beginning of the process of Chinese digestion of the breakaway republic. That accomplished, Korea would likely unify with South Korea's government taking over North Korean nukes. And it is hard to see how the EU could remain so staunchly pro-US.

Interestingly, everything was primed in 2019 already then everybody knows what followed. So either way we're screwed - they either need a 2020 scenario to cool things down, or something worse is brewing

Hmmm..🤔 that correspondence with gold price trend. US literally can't print money forever. Roman empire also had a same problem then it became super. Collapse of USA soon?

Maybe this will happen again - The 1973 oil crisis was a period in the 1970s when the prices of oil went up very drastically. This was preceded by the October War of 1973 between Egypt and Syria on the one hand and Israel on the other.

Buy gold and keep it quiet.

Good news, indeed!

I have had an app on the Microsoft store for 4 years. By far my biggest sales have come from the US. This is why I wish America well these days. Strangely enough before the Ukraine war and the sanctions that followed, the second biggest market was Russia followed by Japan. I don't think Europeans have a lot of spending power based on sales figures

Don’t take loans! Decrease loan amount. And if can Increase income

Don't borrow yet. They will ease by year end although not as much as they would like. Election year.

To be honest: I saw this already coming and because I am also an investor I sold ~25% of my stocks and bought a flat. I am also thinking to further sell next 50% of stocks and go into Chinese stocks. My Russian stocks are blocked by sanctions but I am OK with that cause I believe once the sanctions are reverted I will have a lot of money. I don't have European stocks. Makes no sense. At USA only stocks from software/electronics market make sense. I don't hold a lot of money on bank account. Gold is useful. Look gold price. Indicator for people are getting nervous. USA debt also totally high. It's even totally crazy seeing China, Russia and Indian economy going up like hell while US and EU economy going down. Inflation in Europe high. Sanctions totally useless. Russia makes now more money. Meaning that we are feeding their economy. So what does that mean? That means that we have insane crazy people in our policy. We don't make genious good decisions that favor us. We do stupid hostile policy that even helps Russia. WTF? And lastly to explain it a little better in a human way: We have 150 billions dollars for weapons and war without any diplomacy. But people living on streets - OUR PEOPLE - we do not have even a single dollar for them. Even not if they were fighting in a war for us. We then just treat them like total s**t. We used them, now they are sick and poor, now we do not need them anymore. WHAT? For your situation: I don't know where you are living but one hint from me I follow all my life: Don't ever make too high debt on yourself. Use devices that consume less energy (light, cars, computer). Just live a peaveful humble life in that way that you concentrate on yourself, your health, your friends, your family. Your inner stability and your health is the most important thing. Then the rest. I practise every day ZEN, yoga 3 times a week, and so on. I am not perfect. But I know this world is crazy and yes remember 1907 and 1929 financial crisis. After that world was no more same. Crazy things are happening. There is a total lack of sanity. Unfortunately. Stay safe, healthy, stay out of wars and conflicts. Regards

F@ck! A month ago i pay my income tax. So glad,i paid my tax for the not taxpayers "fellow citizens" Let's get the rumble!!!

many levels of renovating. as an architect, i would suggest to just do the 'necessary' minimum ie. painting, exposed pvc plumbing, repairs to timber furnitures/built-in instead of replacement, to a 'livable' condition. just manage ur expectations. oh and a necessary is the electricals, to modernize to your electrical needs and safety. i just got a new(old) place for my mom and did just that. just reduce ur expectations and it'll be fine. u can always do another make over again when times are less crazy... or snap up another place when times hit rock bottom...

@DefensePoliticsAsia

24 күн бұрын

Yeah... thats the current consideration... because the world is getting too scary.... I have no faith right now that I can keep up the income level if market crash

There has been a lot of inflation since 2008, the numbers aren't comparable.

Peak Prosperity yt channel seems to cover this subject well.

Get out of debt. Cut expenses.

oh yeah man its gonna be bad. The experts I listen to are not debating about if but whether it will look like 1970s America or 1930s America.

DPA thank for heads up? 🇿🇲

Don’t borrow money

DPA #1

Wage growth is at 1%. Inflation at 3.5% still does not provide money to pay off the $17 trillion of Consumer Debt. The effort to overcome Russia and take their Resources, sure looks like the plan to pay for this mess?

the GFC never finished like previous financial crisis there was no readjustment of value they kept the bubble inflated with money printing, it was inevitable it would burst, maybe now maybe later, the last 15yrs have been a excercise in delaying inevitable its just a matter of how long it gets delayed

Its like come to your house and telling you where to shiith.....

Just print more money 🤷‍♂

GOOD, im ready for interest rates to come back down.

It's kinda good news too, we may finally see drop in prices of construction materials and housing, at least speaking of Europe. My biggest worry is how to protect investments as it's tied to US stock market, maybe just pull all money back which then opens it to inflation or any currency corrections, or maybe hope for shorting sell if brokers would outlast the crisis and have money to pay shareholders...

@DefensePoliticsAsia

24 күн бұрын

Its not just how to protect ourselves... its also, how to earn money in a "depressed economy"

The thing about the debt crisis, 2008 and 2024, its the same 20% of lunatics that don't understand how math works. 1994-2008 they destroyed themselves on Housing Debt, 2010-2024 they were kicked out of the Housing Markets so they destroyed themselves on Credit Debt. This won't be so bad this time around. Housing Market is the core to the US Debt System. Ronald Reagan replaced the US monetary system from the Gold Standard to the Mortgage Standard back in the 1980's. Thats what made the Housing Debt Crisis so devastating.

All you can do is wait....

Dpa the economist, i like it.

09:18 Credit card debt is now where it's supposed to be on the trajectory it was at when the pandemic hit.

2008, 870 billion, adjusted for inflation to today is 1,262 trillion. (This is if that chart isnt already adjusted for that)

Accounting for inflation… it’s the same… because buying power would have been cut in half over 20 years, so it’s just a dollar high

I have paid off my mortgage and will pay off my student loans. Then I'm free. I'm from Sweden 🇸🇪

Gonna be a currency collapse this time...

@DefensePoliticsAsia

24 күн бұрын

I think its gonna be everything at once....

@solaroid4442

24 күн бұрын

@@DefensePoliticsAsia Crash is when the inefficient parts of the economy run out of money and go bankrupt. Govt doesn't want that especially in an election year. Thats why they are printing 4-6 trillion a year and pouring it into the system trough govt spending. That will cause some serious inflation worldwide, till the usd stops being reserve currency. Then dollars come home and its hyperinflation boogaloo. But a major crash isn't likely with that much dollars sloshing around in the economy...

I agree with everything and agree about this crash. What I don't understand is why the stock market in America and Europe and some other countries is up 15% in the last 6 months. Anyone know ?

@DefensePoliticsAsia

24 күн бұрын

Its "harvest season" before winter.

these kind of things come n go. jus do it as long u hav 3-6 month emergency funds.

Every time there is a economic crisis for the last ~80 years the FED has gained new powers to intervene in the economy. In 2020 they got the ability to buy public stocks & bonds among other things. There will never be an economic crash like 1929 or 2008. The fed can provide unlimited liquidity. The fed is keeping rates high to attempt to stall the end of the dollar. When they continue to print new money stocks are crypto have become very attractive. Let alone frightening foreign countries (BRICS) along with the sanctions. Don't be fooled through as soon as the US economy starts to weaken they will print again when its needed. There will never be a crash, perhaps a controlled demolition of consumer purchasing power. The nail in the coffin with be Congress raising taxes to sustain debt at this high rates. Then it will be clear high rates are here to stay. Also there are 15 articles every day about the next economic crash. Its good for viewership... sigh.

Interest rates should be 12-15% if you really wanted to tackle inflation in the US that would at least put it into recession if not a depression obviously this is not a popular idea so we continue putting it off and the problem only gets worse meanwhile the interest payment alone on the national debt will soon exceed the total amount of revenue the US government takes in so the future is not bright so goes the US so goes the world.

The western economy has had a massive problem for a few decades now. It can no longer grow. But our economic system is also based on growth. That's why the statistics have been adjusted so that it looks like there is growth. Companies on the stock market are massively overvalued because people have bought shares with printed money with 0% loans. The economic system would have to be converted to sustainability. Instead, however, the problem is being dragged out for as long as possible. As a result, the coming crash is getting bigger and bigger.

Are the Debt values adjusted for inflation? Obviously the dollars today buy far less than they did in 2008.

What makes America so strong is many things. Location is one, but money is like the main support. It's why they have one of the greatest militaries. It's used to astroturf many projects abroad such as Ukraine and Israel, and astroturf many projects within the US. Financial system takes a serious hit, then it all takes a serious hit. In and after the crisis, you may see how far America's influences go.