Ask why Jim Rogers has been firm in saying Asia/China will rule the 21st century. Ask why and how globalization has been increasingly focused on since the 1990's. Ask and observe how and why the largest consumables companies have diversified their presence in overseas markets. Observe those companies with flexibility in terms of delivery through a non-salaried work force gaining through the global depression, companies such as Amway, Avon,Herbalife etc. compete with traditional companies.
u old, dumb bastard. he's talking about big banks/corporations. not the average joe. THATS HIS WHOLE POINT: we the people are paying to bail out the big guys and we're left out to dry
It's over. This mess is all part and pacel to a bigger, more sinister plan to enslave the people under a World government, with a World army and a World Bank, and a new, electronic currency that is a brand that goes in our skin. No denial. No agenda from a Biblical standpoint. I'm just pointing out that this is an orchestrated attack on the entire world, not to bring about hope and change, but to bring about an agenda that is nothing less than a complete and total nightmare. This is the end.
America is The Titanic after it hit the Iceburg. We are at the point where only a few people understand the potential danger. The majority think they are crazy.
@Allisa4757 Yeah, it is sad. They just over-hauled the Country to some kind of new Socialist/Marxist system (not sure what to call it?). But this is not the same Country that many before us shed blood for.
I am so glad Obama is president because we won’t have to work for money and every unclean perversion of society including criminal banks will lead us out of the depression with Obama leading the way and the printing presses going 24/7 to push us forward into the NEW WORLD OF FREEDOM. :)
The ECB bailed out Europe? You think they had the collateral to do so? Maybe that flash crash you were talking about the other day was a back door bailout, funded by our fed, since our markets are currently inflated by the fed, they just let the ECB take a chunk of it. Just because it would hurt us more for the fed to raise rates, does not man the fed will not raise rates. I just don't trust they have our interests in mind. This is intentional stagflation in my opinion.
The way to collapse the system is to own no stocks, bonds, treasuries, CDs, dollars, dollar derivatives or retirement plans. The dollar itself is what they use to make us debt slaves. The privately owned Federal Reserve prints money out of thin air and buys things with it. We have to work for these dollars. The system is debt based, need more debt to pay off last years. Starve the Beast watch?v=6TIEoGPVV_Q
@jimbobubbadj One oz gold will buy today what it bought in 1913. A dollar today will buy about 5% of what it would buy in 1913. Something is not right in Denmark.
I get all the blogs, all the newsletters, and watch the high profile and cult favorites and everyone out there is pointing in this same direction - but on every level this is the most direct, compelling, and well articulated a piece as I've ever heard...oddly enough on the greatest issue of our time that we now confront. It reminds me of a scene in the movie "dragonslayer" where the naive boy warrior's face is inches away from the face of a dragon 100 times his size - with snorting no less!
Chris you make great videos and I'm trying to learn about our monetary system from guys like you. I have a few questions for you or anybody that knows the answer. Where does the money go that the fed keeps printing? If they loan it out to banks that then loan it out to businesses the banks have to pay it back to the fed at some point, don't they? Couldn't the fed just make it disappear once its been repaid to curb inflation if it needed to?
@BillW77 Great question. In reality, the US mint prints dollars that the Fed backs and then in turn uses those same dollars to artificially purchase instruments such as mortgage backed securities and now US Treasuries. They continue to service the US deficit by borrowing more and more dollars from the buyers of US Treasuries as long as those buyers continue to perceive that the paper has value.
@BillW77 The problem is if large buyers of U.S. Treasuries perceive that the US won't be able to pay them back (i.e. China, Japan) then those buyers start selling US Treasury bonds. At that point, yields skyrocket due to a lack of confidence and we can no longer borrow to service our debt payments at a cheap enough interest rate. This is what happened to Greece and this is what will happen to the US. It ends in a sovereign debt crisis and the US defaults.
@cgreene34 Thank you for your answer. When you say that the "mint prints dollars that the fed backs" I do not know what that means. What does it mean for the fed to back something?
the high earner baby boomers in the 250+ type who were not financially smart, are starting to fall....the upper 1% is starting to fall. Beacause they are so dense and top heavy on the scale of taxation, we pay a huge majority of taxes, when that roof falls it will be like a cement block hotel with a slate roof in an earthquake.
Do you REALLY think the Federal Reserve/IMF will be SURPRISED? LOL How could they be surprised when it is THEIR agenda... plan is right on target. What do you think?
@MamaOkie I was speaking facetiously. I think they will pretend to be surprised. What we see in the press from Obama and the Fed is just a Hollywood performance. You're right, the enormous transfer of wealth that just occurred along with the merger of state and corporate power was planned and not an accident. :)
I know you know this, but Zero Hedge is a great website. A lot of good info. Also, since you don't hold precious metals, I would suggest you reconsider. Just listening to what you say in this video, I would purchase if I didn't already own them. The dollar is toast. Just a thought!
ASk not wat u can do for ur cuntry but wat u cando 4 u
stangTCODE 1 year ago
Ask why Jim Rogers has been firm in saying Asia/China will rule the 21st century. Ask why and how globalization has been increasingly focused on since the 1990's. Ask and observe how and why the largest consumables companies have diversified their presence in overseas markets. Observe those companies with flexibility in terms of delivery through a non-salaried work force gaining through the global depression, companies such as Amway, Avon,Herbalife etc. compete with traditional companies.
dbstube 1 year ago
This has been flagged as spam show
"We've already bailed everybody out"
What a load of BS. I quit watching at 2:48
You haven't even begun to bail me out.
I'm 67. I get $498/mo. Social security. Wanta try and live on that?
No there has been no bail out.
You are just a govt mouth with no brains and no compassion.
PQRLOVE 1 year ago
"We've already bailed everybody out"
What a load of BS. I quit watching at 2:48
You haven't even begun to bail me out.
I'm 67. I get $498/mo. Social security. Wanta try and live on that?
No there has been no bail out.
You are just a govt mouth with no brains and no compassion.
PQRLOVE 1 year ago
@PQRLOVE
u old, dumb bastard. he's talking about big banks/corporations. not the average joe. THATS HIS WHOLE POINT: we the people are paying to bail out the big guys and we're left out to dry
MetalUpYourAss81 1 year ago
It's over. This mess is all part and pacel to a bigger, more sinister plan to enslave the people under a World government, with a World army and a World Bank, and a new, electronic currency that is a brand that goes in our skin. No denial. No agenda from a Biblical standpoint. I'm just pointing out that this is an orchestrated attack on the entire world, not to bring about hope and change, but to bring about an agenda that is nothing less than a complete and total nightmare. This is the end.
jasswildabeast 1 year ago
America is The Titanic after it hit the Iceburg. We are at the point where only a few people understand the potential danger. The majority think they are crazy.
DKPrepper 1 year ago
Yes he is on another vacation it seems.
I agree after watching this closely over the last few years, this seems to be orchestrated by the Govt.
Sad. I wonder what the plan is for the big picture. What do they want to accomplish by throwing us into years of depression?
Allisa4757 1 year ago
@Allisa4757 Yeah, it is sad. They just over-hauled the Country to some kind of new Socialist/Marxist system (not sure what to call it?). But this is not the same Country that many before us shed blood for.
cgreene34 1 year ago
@cgreene34 It is called neo-feudalism.
Nymphe14 1 year ago
I am so glad Obama is president because we won’t have to work for money and every unclean perversion of society including criminal banks will lead us out of the depression with Obama leading the way and the printing presses going 24/7 to push us forward into the NEW WORLD OF FREEDOM. :)
lavishmedia 1 year ago
The ECB bailed out Europe? You think they had the collateral to do so? Maybe that flash crash you were talking about the other day was a back door bailout, funded by our fed, since our markets are currently inflated by the fed, they just let the ECB take a chunk of it. Just because it would hurt us more for the fed to raise rates, does not man the fed will not raise rates. I just don't trust they have our interests in mind. This is intentional stagflation in my opinion.
bweazel 1 year ago
I can't wait for this horrible system to crash ! The sooner it happens the better.
perfectscotty 1 year ago
this guy is a bit young, but he's get it right..
LMIMSsoi 1 year ago
The way to collapse the system is to own no stocks, bonds, treasuries, CDs, dollars, dollar derivatives or retirement plans. The dollar itself is what they use to make us debt slaves. The privately owned Federal Reserve prints money out of thin air and buys things with it. We have to work for these dollars. The system is debt based, need more debt to pay off last years. Starve the Beast watch?v=6TIEoGPVV_Q
jimbobubbadj 1 year ago
@jimbobubbadj One oz gold will buy today what it bought in 1913. A dollar today will buy about 5% of what it would buy in 1913. Something is not right in Denmark.
jimbobubbadj 1 year ago
Another great vid.
polarbeach 1 year ago
I get all the blogs, all the newsletters, and watch the high profile and cult favorites and everyone out there is pointing in this same direction - but on every level this is the most direct, compelling, and well articulated a piece as I've ever heard...oddly enough on the greatest issue of our time that we now confront. It reminds me of a scene in the movie "dragonslayer" where the naive boy warrior's face is inches away from the face of a dragon 100 times his size - with snorting no less!
bnfox 1 year ago
dude you tore them a new one! WoooHooo!
exquisiteinvestment 1 year ago
dude you tore them a new! WoooHooo!
exquisiteinvestment 1 year ago
Chris you make great videos and I'm trying to learn about our monetary system from guys like you. I have a few questions for you or anybody that knows the answer. Where does the money go that the fed keeps printing? If they loan it out to banks that then loan it out to businesses the banks have to pay it back to the fed at some point, don't they? Couldn't the fed just make it disappear once its been repaid to curb inflation if it needed to?
BillW77 1 year ago
@BillW77 Great question. In reality, the US mint prints dollars that the Fed backs and then in turn uses those same dollars to artificially purchase instruments such as mortgage backed securities and now US Treasuries. They continue to service the US deficit by borrowing more and more dollars from the buyers of US Treasuries as long as those buyers continue to perceive that the paper has value.
cgreene34 1 year ago
@BillW77 The problem is if large buyers of U.S. Treasuries perceive that the US won't be able to pay them back (i.e. China, Japan) then those buyers start selling US Treasury bonds. At that point, yields skyrocket due to a lack of confidence and we can no longer borrow to service our debt payments at a cheap enough interest rate. This is what happened to Greece and this is what will happen to the US. It ends in a sovereign debt crisis and the US defaults.
cgreene34 1 year ago
@cgreene34 Thank you for your answer. When you say that the "mint prints dollars that the fed backs" I do not know what that means. What does it mean for the fed to back something?
BillW77 1 year ago
the high earner baby boomers in the 250+ type who were not financially smart, are starting to fall....the upper 1% is starting to fall. Beacause they are so dense and top heavy on the scale of taxation, we pay a huge majority of taxes, when that roof falls it will be like a cement block hotel with a slate roof in an earthquake.
Allisa4757 1 year ago
Argentina, Remember this????
Keep em coming CG
BenelliM4john 1 year ago
@BenelliM4 Its time to sing "Don't cry for me Argentina" indeed.
arakhachatran 1 year ago
GOOD JOB CHRIS
Awildwildworld 1 year ago 3
why is Obama so silent?
Allisa4757 1 year ago
@Allisa4757 Great point Allisa. Is he on vacation? Anybody?
cgreene34 1 year ago
So true... So true...
Great call on the VIX stock pick yesterday by the way!
andersbuer 1 year ago
Do you REALLY think the Federal Reserve/IMF will be SURPRISED? LOL How could they be surprised when it is THEIR agenda... plan is right on target. What do you think?
MamaOkie 1 year ago
@MamaOkie I was speaking facetiously. I think they will pretend to be surprised. What we see in the press from Obama and the Fed is just a Hollywood performance. You're right, the enormous transfer of wealth that just occurred along with the merger of state and corporate power was planned and not an accident. :)
cgreene34 1 year ago
@cgreene34 I knew that :-) Great video btw.
MamaOkie 1 year ago
I know you know this, but Zero Hedge is a great website. A lot of good info. Also, since you don't hold precious metals, I would suggest you reconsider. Just listening to what you say in this video, I would purchase if I didn't already own them. The dollar is toast. Just a thought!
Lexi8888 1 year ago
@Lexi8888 Thanks. I'll take a look.
cgreene34 1 year ago
@cgreene34 Will you report back to us on what you determine regarding PM physical purchasing please?
MamaOkie 1 year ago
We are in shitflation. Fiat currency is shit.
dbztiki 1 year ago 4
it's Fascism / Corporatism
dweber66 1 year ago
Maybe Haiti will be able to bail us out... we have to keep all options on the table
FlopSideOfLife2009 1 year ago