In this video, I talk with author and economic analyst John Sneisen about the recent warning by BIS (Bank For International Settlements) that Canada is one of the 3 most at risk economies in the world!
Alongside China and Hong Kong's economies, Canada is in danger of a massive banking crisis.
With maxed out credit cards and high debt levels, we're on the verge of the inevitable.
All fiat currencies eventually revert to their true value of zero. While the fundamentals are off the table due to the level of manipulation and it's impossible to put a date on the collapse, we know it has to happen which is why we need to warn people about the unthinkable debt levels and potential for inflation to go sky high.
Average Canadian household debt all together just reached 1.8 trillion dollars! That's $22,837 a person!
So being financially responsible and self sustainable couldn't be more important in this day and age. This is why individuals must be independent free human beings and not depend on the government and central banking system which benefits from their servitude.
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crypto gold and silver
That wasn't even a sentence but you nailed it!
Bring it on I say. Let's see this debt funded house of cards fall down so that we can rebuild on foundations of gold.
The housing price charts look bubbly as hell too!
At this point, I hope sooner rather than later, at least we can still blame the right people
@joshsigurdson I asked you on facebook and maybe you are busy or dont want to give up your secret haha BUT HOW do you get videos up without using youtube. I closed my facebook pages and as soon as I move my videos to dtube will close youtube too.
Thanks.
Gracias por mostrarnos sobre este tema, ya que te confieso que el principio no tenia mucho conocimiento sobre el
I foresee a global financial crisis happening soon. Not many countries can boast of being financially secure. Fiat is a scam! In crypto we trust!