What does the average German think about their goverment bailing out Greece and the other countries? Are they informed? How is life for the average German today compare to a year ago?
in a capital market of demand were nobody wants usa bonds except the fed or uk bonds they should be junked, cause they are huge liability, agency ratings are fucking countrys betting against the and working for others, this just to make money for the same old boys
th uk is the house of rothschild they might not have economy and the bank england buying debt, like usa fed is buying, but nobody will downgrade uk, if they did, they would be junk bonds,,, rating agencies serve their masters
U.K bonds should have been downgraded as well - they don't export anything to able to grow their economy and haven't done so in years. They have high levels of public and private debt and yet the markets continue to ignore them.
Things are never boring! There is always some political, corporate and manufactured crisis going on. If you have something interesting to say, people will listen!
@solojam You can make tons of money shorting this market. Everything is about to crash HARD!! Also there are so called ''inverse'' securities, like ultrashor Nasdaq that you can buy and make profit.
What about Israel being down graded? What about a rumor with USA buying junk bonds from Spain last week? If you have info on these news items it would be nice to hear your perspective.
Hey jberni1, thanks a lot for the update! Could you pls give us your view on the CHF. Do you think the SNB will intervene drastically? Whats your prospect?
I'm thinking Italy will crash the Euro, Germany and France might become aggressors in taking national assets from countries they've already lent to. USA will have problems of its own, and will continue devaluing currency much to the dismay of our creditors. Petro-Dollar will be thing of the past, America will antagonize middle east for making switch, Europe and Asia will push back against USA. Australia will sit back and laugh at all of this until WWIII breaks out.
More clearheaded analysis and commentary, thanks! And thanks for not just posting vids for the sake of building "traffic". You speak when you have something to say, and let me tell you, it's refreshing.
I'm so glad to see you do another commentary. I always learn so much from you.
What with all the numbers, blogs, excitement, etc, it's nice to see a clear head talk about these things. I also like seeing the European perspective on it.
Where have you been? I wish you would put up a weekly video. I agree 100% w/ controlled demolition. What do you think the end result of this crisis will be? Communism in the USA?
@jberni1 Things are never boring! There is always some political, corporate and manufactured crisis going on. If you have something interesting to say, people will listen!
I just had an idea that I would like your opinion on: The Euro countries should revert back to their old national currencies, but the Euro would continue to exist as a gold-backed reserve currency, and would be used to price commodities and exchanges between multi-national corporations. Salaries, real estate, mortgages, government debt and anything else with is tied down geographically would be priced in the local currencies, that would float freely against the Euro.
@Ape65 ... with this system, each country could adjust to trade imbalances by letting their currencies float, but large businesses could benefit from using a stable currency such as the Euro for long-term contracts international and debt.
(And with that sly little smirk you can hardly conceal
I AGREE it's going to be a "very interesting" week. Starting with this morning's political commentaries here in the States, where this morning, when asked about market reaction to the downgrade,
Mr. Alan Greenspan said:
"the Israeli market" (our only indicator right now) "tanked yesterday. This is going to take a while to bottom out."
Today I stocked up on coffee and some more Ag! ;-)
I agree that governments and central banks are planning a "controlled demolition" in the form of stealth inflation (using fraudulent CPI figures), except that everyone over 50 remembers the inflation of the 70's, and their starting to use the internet to obtain "fringe" analyses such as yourself. I expect within a year their will be large-scale sovereign debt revulsion and panic buying of gold and silver. I reached that point in February when I saw the US budget.
What's your opinion on outcome for real economy? Are we looking at complete demolition of western world, soviet style colapse with runaway inflation combined with complete destruction of productive capacity or is this only headache for banks and politicians?
@Marine475 Good question. I have listened a lot to Marc Faber during the last three years. He has been extremely correct in his predictions - almost to the point that he becomes scary... A complete meltdown according to him. Please listen to this here on You Tube:
All the talk in the USA focuses on the other American rating companies NOT downgrading US government debt; there is no discussion taking place about the downgrades by China and Germany. Thanks for the international perspective.
Italien mit Mitteln aus dem europäischen Rettungsschirm zu stützen. Der Finanzbedarf des Landes sei immens, so dass auch Deutschland überfordert sei. Rom soll sich nun durch Einsparungen und Reformen selbst helfen.
Also watch news that China housing bubble is in trouble.
@jberni1 Isn't that the duty of the ECB? The FED does it, the BOJ does it... It's called quantitative easing. The ECB monetized the bonds of certain Eurozone countries to fend-off a bond attack. In my opinion, the ECB was right to do that.
One reason I appreciate about these updates is the European perspective. Until now I had no idea the Chinese and German credit agencies had already downgraded the US credit.
@jberni1 A strong title for a financial article! It would be good if Financial Times Deutschland had an English edition. It looks like it had some interesting articles unfortunately, Ich spreche kein Deutsch.
@fal2grace Yes, corporate debt that pays off in US currency is now also due for a re-appraisal, and to be re-vaiued in light of the future value of the US dollar.
@Larrye123 they are all flawed being based on fractional reserve lending and can be inflated away to nothing. Gold and silver as supposed to be able hold their value because -relative to an electronic printing press- they are scarce - price manipulation aside
No one is aiming for (or even accepting) a soft landing as the only acceptable ending is sky high. Too little fuel, too heavy load, and aiming for the moon. It won't end up in controlled demolition, but something very different. But not just now, as we are still kicking the can down the road, and the can have just got the idea that it could kick back...
What does the average German think about their goverment bailing out Greece and the other countries? Are they informed? How is life for the average German today compare to a year ago?
Mr2wings 4 months ago
The markets a scam controlled by our government!!!
StratProductions 6 months ago
in a capital market of demand were nobody wants usa bonds except the fed or uk bonds they should be junked, cause they are huge liability, agency ratings are fucking countrys betting against the and working for others, this just to make money for the same old boys
ukusapillage 6 months ago
th uk is the house of rothschild they might not have economy and the bank england buying debt, like usa fed is buying, but nobody will downgrade uk, if they did, they would be junk bonds,,, rating agencies serve their masters
ukusapillage 6 months ago
FANTASTIC to see you again! Thanks for the vid(as always)!
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quantengott 6 months ago
U.K bonds should have been downgraded as well - they don't export anything to able to grow their economy and haven't done so in years. They have high levels of public and private debt and yet the markets continue to ignore them.
UnknownOconnor 6 months ago
Things are never boring! There is always some political, corporate and manufactured crisis going on. If you have something interesting to say, people will listen!
amyntazoe 6 months ago
so where do u make money in this market?
solojam 6 months ago
@solojam You can make tons of money shorting this market. Everything is about to crash HARD!! Also there are so called ''inverse'' securities, like ultrashor Nasdaq that you can buy and make profit.
rossadew 6 months ago
Were you not suggesting investing in Japan to make a profit from their situation, several months ago?
What happened?
mushroomagicman 6 months ago
What about Israel being down graded? What about a rumor with USA buying junk bonds from Spain last week? If you have info on these news items it would be nice to hear your perspective.
Thanks.
tesskansas 6 months ago
Hey jberni1, thanks a lot for the update! Could you pls give us your view on the CHF. Do you think the SNB will intervene drastically? Whats your prospect?
EP1KT3T 6 months ago
I'm thinking Italy will crash the Euro, Germany and France might become aggressors in taking national assets from countries they've already lent to. USA will have problems of its own, and will continue devaluing currency much to the dismay of our creditors. Petro-Dollar will be thing of the past, America will antagonize middle east for making switch, Europe and Asia will push back against USA. Australia will sit back and laugh at all of this until WWIII breaks out.
lawsonrw 6 months ago
someone ask Jbern where he was on the morning of 9/11,
hopaloop 6 months ago
More clearheaded analysis and commentary, thanks! And thanks for not just posting vids for the sake of building "traffic". You speak when you have something to say, and let me tell you, it's refreshing.
glennd7962 6 months ago
I knew you would show up when the markets got interesting, welcome back :D
Pikers81 6 months ago
keep us posted and glad u r back
forestlight5 6 months ago
Welcome again!!!!
k1000o73 6 months ago
I'm so glad to see you do another commentary. I always learn so much from you.
What with all the numbers, blogs, excitement, etc, it's nice to see a clear head talk about these things. I also like seeing the European perspective on it.
Hope you make more videos!
whiskerchild 6 months ago
Gold just broke $1700!! YEAH BABY!!
lumberjak5010 6 months ago
Where have you been? I wish you would put up a weekly video. I agree 100% w/ controlled demolition. What do you think the end result of this crisis will be? Communism in the USA?
amyntazoe 6 months ago
@amyntazoe
I will not put up weekly videos. The reason is that nobody will watch them when things turn boring again.
jberni1 6 months ago
This has been flagged as spam show
@jberni1 Things are never boring! There is always some political, corporate and manufactured crisis going on. If you have something interesting to say, people will listen!
amyntazoe 6 months ago
@jberni1
Not so, I watch every one you make.
whiskerchild 6 months ago
I own silver, and I am happy to see the market and dollar crash. It is a no brainer to own gold and/or silver.
Bmx33606 6 months ago
Welcome back, good sir. It's great to see you posting videos again.
toluca56 6 months ago
Good to see you JB !
BLynchCAN 6 months ago
much appreciated thanks
iansuderman 6 months ago
So Good to have the good doctor Back!
Love your vids, and your analysis!
Winst0nOBoogie 6 months ago
You always know shits getting real when jberni1 makes a vid.
leec85 6 months ago
What is your estimated percentage of the public are aware of what you are talking about?
davincij15 6 months ago
Deflationary depression coming to the USA
drkevincampbell 6 months ago
Hi Berni , Long time no see , Good to see you again
MrArizonaGuy 6 months ago
Welcome Back Jberni !
whitewolfeyy 6 months ago
"Enjoy your coffee break"
Yes, we need to enjoy it while we can still afford it.
Cheers!
tyronebiggums3 6 months ago
Yaaaa Berni your right!!!
GlassWalrus 6 months ago
Berni's back!
The cheerful German - a rarity indeed.
See you on the other side of armageddon Berni.
Keep smiling.
ccharlie100 6 months ago
I just had an idea that I would like your opinion on: The Euro countries should revert back to their old national currencies, but the Euro would continue to exist as a gold-backed reserve currency, and would be used to price commodities and exchanges between multi-national corporations. Salaries, real estate, mortgages, government debt and anything else with is tied down geographically would be priced in the local currencies, that would float freely against the Euro.
Ape65 6 months ago
@Ape65 ... with this system, each country could adjust to trade imbalances by letting their currencies float, but large businesses could benefit from using a stable currency such as the Euro for long-term contracts international and debt.
Ape65 6 months ago
Good to know your opinion Jberni1..
I thought all this was my fault because I accidentally crashed the computers walking thru my bank with super magnets in my pockets....
IronicallyVague 6 months ago
you have eaten too many pies! wreally ifresting ja!
iglwy 6 months ago
Professor Berni - GOOD to see you back!
(And with that sly little smirk you can hardly conceal
I AGREE it's going to be a "very interesting" week. Starting with this morning's political commentaries here in the States, where this morning, when asked about market reaction to the downgrade,
Mr. Alan Greenspan said:
"the Israeli market" (our only indicator right now) "tanked yesterday. This is going to take a while to bottom out."
Today I stocked up on coffee and some more Ag! ;-)
MzProgressive 6 months ago
I agree that governments and central banks are planning a "controlled demolition" in the form of stealth inflation (using fraudulent CPI figures), except that everyone over 50 remembers the inflation of the 70's, and their starting to use the internet to obtain "fringe" analyses such as yourself. I expect within a year their will be large-scale sovereign debt revulsion and panic buying of gold and silver. I reached that point in February when I saw the US budget.
Ape65 6 months ago
@Ape65 The issue is that Deflation and Inflation are zeroing out on the CPI, but in real life they take the purchasing power away from citizens
jberni1 6 months ago
where had you been man? i subscribed to you and got no updates for so long..
good to see you back..
torontobboy21 6 months ago
Rates will go to historical lows. The FED will come in and manipulate the market till it does.
john5246 6 months ago
What's your opinion on outcome for real economy? Are we looking at complete demolition of western world, soviet style colapse with runaway inflation combined with complete destruction of productive capacity or is this only headache for banks and politicians?
Marine475 6 months ago
@Marine475 Good question. I have listened a lot to Marc Faber during the last three years. He has been extremely correct in his predictions - almost to the point that he becomes scary... A complete meltdown according to him. Please listen to this here on You Tube:
watch?v=b_L7D-Q4BBk
robert4you 6 months ago
All the talk in the USA focuses on the other American rating companies NOT downgrading US government debt; there is no discussion taking place about the downgrades by China and Germany. Thanks for the international perspective.
financialcounselor 6 months ago
We have missed you - thanks for the vid!
Cneumann22 6 months ago
Watch ECB, Italy, Germany. From Spiegal online.
Italien mit Mitteln aus dem europäischen Rettungsschirm zu stützen. Der Finanzbedarf des Landes sei immens, so dass auch Deutschland überfordert sei. Rom soll sich nun durch Einsparungen und Reformen selbst helfen.
Also watch news that China housing bubble is in trouble.
iknownothingnow 6 months ago
@iknownothingnow
Clearly the ECB under the leadership of Baron Muenchhausen is going to print money to the italian Mafiosi
jberni1 6 months ago
@jberni1 Isn't that the duty of the ECB? The FED does it, the BOJ does it... It's called quantitative easing. The ECB monetized the bonds of certain Eurozone countries to fend-off a bond attack. In my opinion, the ECB was right to do that.
Highwaycrazy 6 months ago
One reason I appreciate about these updates is the European perspective. Until now I had no idea the Chinese and German credit agencies had already downgraded the US credit.
acuriousbeast 6 months ago
@acuriousbeast
There was an article in Financial Times Deutschland with the headline "Who the fuck is Feri?" on the German downgrade
jberni1 6 months ago
@jberni1 A strong title for a financial article! It would be good if Financial Times Deutschland had an English edition. It looks like it had some interesting articles unfortunately, Ich spreche kein Deutsch.
acuriousbeast 6 months ago
Thank you Mr Berni. It's always a joy to hear from you.
scutter4christ 6 months ago
Game on it seems. I hope you share your thoughts with us on a more frequent basis as this major tipping point has now been breached.
NAVYGOLDEIGHTFOUR 6 months ago
fire up
the coffee pot
lets do this thing...
chena3 6 months ago
So, in a deflationary depression, why would the price of precious metals rise ?
DavidAKZ 6 months ago
I liked the little nod to Marc Faber at 4:33
greggh 6 months ago
don't ever leave youtube again =D
headfakez 6 months ago
Thanks for returning, I think your analyses are very well thought out
sugimura135 6 months ago
HEY JBERNI!!!!!!
joel1923 6 months ago 8
Dr B, do you think the Yuan is going to replace the Us dollar as reserve currency ?
jadnsofia 6 months ago
The PPT will be at work in a frenzy.
It must be fun for these guys, up they win and down you lose. Besides they use your money to play.
yaplonglong 6 months ago
sorry can't understand what is said at 4:13... "what is going to happen to the {??} debt".... is it "corporate" debt? thanks
fal2grace 6 months ago
@fal2grace Yes, corporate debt that pays off in US currency is now also due for a re-appraisal, and to be re-vaiued in light of the future value of the US dollar.
BugsMr123 6 months ago
@BugsMr123 thank you:)
fal2grace 6 months ago
Is anyone thinking deflation scare to push hot money back into treasuries ?
jizzleone1 6 months ago
It's funny the BOJ blew 50 billion on the yentervention and it's nearly retracted back to 78
jizzleone1 6 months ago
Yes, tomorrow and forthcoming days will be, ?
Good to see you back.
aboutsoul19 6 months ago
Great to see you. Thank you for the update.
fal2grace 6 months ago
What would be your opinion on Gold taking the role of the reserve currency?
Alexiscom1 6 months ago
i for one, welcome our new chinese overlords
QE3 =z
1x93cm 6 months ago
agreed...it's going to be an interesting week...soap opera of financials blowing in.
AccuracyMarked 6 months ago
QE2 dues 2012 hyperinflation
texture6 6 months ago
could this be the beginning of the new world order?
goobie04 6 months ago
wow... was just wondering where you have been!
skybirdbird 6 months ago
Great to see you back. Agreed it all starts tomorrow.
Artygobanagh 6 months ago
question: whats the difference between ben bernankey and osama bin laden?
answer: osama is no more a threat! (not that i think that he pulled 9/11)
wdcsucks1 6 months ago
glad to see you back. and just in time with some very deep and timely analysis of what has happened and what will happen next. excellent!
jdcorbit 6 months ago
Can anyone give me their opinion on which currencies to move into from the dollar?
Larrye123 6 months ago
@Larrye123 they are all flawed being based on fractional reserve lending and can be inflated away to nothing. Gold and silver as supposed to be able hold their value because -relative to an electronic printing press- they are scarce - price manipulation aside
DavidAKZ 6 months ago
This reminds me of the ancient Chinese curse:
May you live in interesting times. We certainly do.
Thanks for your analysis and welcome back! :-)
Oh, and by the way, we do enjoy our coffee breaks.
rdority 6 months ago
No one is aiming for (or even accepting) a soft landing as the only acceptable ending is sky high. Too little fuel, too heavy load, and aiming for the moon. It won't end up in controlled demolition, but something very different. But not just now, as we are still kicking the can down the road, and the can have just got the idea that it could kick back...
Zander242 6 months ago
thanks for the return !!@!@!!!!
bdc03 6 months ago
whenever I see a vid from you in my sub list, i make a cup of coffee for the viewing :)
thanks for the update.. here we go!!
Eraser7622 6 months ago
Great to hear from you, we are all walking on thin ice
CTOL1 6 months ago
glad to see you back..
wepollock 6 months ago 63
@wepollock most of his videos have been hidden lately but could be accessed through his website directly !
HotRussianSpy 6 months ago
Thank you. I always appreciate your opinion.
GhettoGoatRockRanch 6 months ago