The millennial generation is debt ridden. They have no savings, many have poor jobs and high credit card bills, they have placed life events on pause. Chapter 11 bankruptcies have increased by 63% during this incredible recovery. Manhattan home sales plunge, retail implodes, commercial real estate and residential real estate all implode. The Chinese government has halted the purchase of Treasuries. Russia, Turkey and Iran move to use their currencies instead of the dollar.
Thanks again, Dave. I am always, watching and listening to what you have to say.
Thanks Dave, Great report.
Dave, consistent as ever. Thanks for the content. Great work.
Hi Dave. Petro-Yuan, Petro-Ruble, and the US Military complex dollar. May as well call it what it is. The dollar is what it is because the US has the muscle to enforce it. The biggest risk is the Euro because there is nothing behind that worthless piece of fiat. So what does this mean? Does the EU and Draghi have a plan B? I think their plan A is already breaking under the weight of EU incompetence. Between China and Russia they would love to see a tamer and less hubris ridden EU, but the level of EU hubris exposes an interesting tendency...whenever they are wrong they just double-down and push harder! So...what does this all mean? If you think about it China is already what the cabal have been trying to turn the EU into which is a central un-elected governing body that has control over a large population with impunity. Since the EU experiment is not going as planned (not that they would ever give up) they would cozy up to a country that already has what they want and try to influence outcomes there. They could never totally abandon the USA because of its military might but they would 'diversify' into the next best scenario. This will be their undoing because China doesn't play like that - they have the original cabal and it has been in power and around a lot longer than the Rothschilds and Rockefellers. The Taipans of China will eat their lunch and take their throne.
yup a day without x-22 is incomplete. thanks, dave.
Is like having a medicine against the matrix.
Thank you Dave for all your work. Great to have you here.
USA corporation is toast .