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Gold standard in 1929 makes all the difference.
Were this not the case, your reset would have happened in 2008.
The printer will spin up and kick the can again.
Nothing. Ever. Happens.
will not work this time as it will cause hypoinflation, this is the end of the system
Yes but inflation will run wild. Who knows maybe that’s what they want. Inflate the debt away.
@Vera777Dina
That’s been said before every new print.
They’ve printed away 97% of the value of the dollar and nothing except a slow downward grind has happened.
Why would the remaining 3% be any different?
U.s. debt near 41 trillion. Buyers want higher rates to purchase treasuries. Usa is done. I say dollar is dead in 10 years around. Trump will bankrupt America
@niceguy8305I just took an enormous sloppy crap. So satisfying.
When the cost of acquiring, verifying, and distributing critical compliance data drops to absolute zero, an entrenched corporate or regional monopoly can no longer utilize fragmented databases or hidden ledger
Need to rewatch that Enron documentary
Best documentary out there!
Why?
I also enjoyed The Big Short.
Everyone needs to watch The Big Short and The Enron documentary multiple times until it all sinks in.
@jilrr7-r8c What if we substitue The Wolf of Wall Street. Does that count?
This time it’s going to be different because it’ll never recover, because everybody will get wiped out, with no money to loan out the stock market won’t be able to go anywhere, they’re going to call this crash, Total Wipeout
massive wars then the rebuild and restructure phase for whoever survived better
Could be, just so we all except a digital dollar and big daddy government to come save us with UBI.
Yes, definitely this time is different. Trust me, it’s going to be nothing like we’ve seen before.
Nah, The era of print mania and hyper-inflation by the mid 2030s.
George is starting to sound like Peter Schiff 😂
Starting?
Or Harry Dent. Hes been calling the crash for 5 years
@yrrahyrrah Money printing is why it hasn’t happened yet. Look at the national debt. The debt is rising about 2 trillion a year. That’s why we have inflation. If the money printing should stop, everything crashes. It’s all held up by counterfeiting. Most all of the progress and the bull that you see is in the 40 trillion dollar debt. No one knows exactly when it all comes down, but as with all fiat currency, it will. In the meantime, these videos are letting us see the manipulation and corruption of the powers that be.
He has that Gavin Newsom haircut now too, it’s concerning 💀
PEOPLE LIKE YOU WILL BE 😂, RIGHT TO THE MOMENT THE TRAIN RUNS YOU OVER !
Reset? It’s called bankruptcy.
Or maybe a jubilee
Or just a whole lotta money printing. there was a lot of of defaults in the banking sector, its would take down the US with it. Gov’t owns printing presses, & they will run the ink dry if necessary.
@guytech7310 they keep AI going..cuz not doing so= kaput
No its called Maslow’s Hammer.
We’ve had so many resets, I’ve lost count.
Exactly!
Are you prepared?
@fernandinand Are you?
Thanks double G👍💪
the stock market doesn’t crash, we all just get crushed by inflation
Nope. That’s Euro centric mentality. In 1929 China didn’t figure into the global economy? This is much different because the lender and maker of goods will shift the wealth east because it’s China. In 1929 America still had major portion of the world depending on it’s goods for export. Those nations now depend on China. Where are you gonna get clothes from? Gold will be the currency.
A rug pull may occur in the stock market — a transfer of wealth from ordinary investors to insiders.
there is a sequence to events, while inflation might cusion the fall, it doesnt start imidently
Ha ha, they were urging people to buy gold, now gold crashed below 4000 USD, others expect, it could fall to 3150 USD.
@berndg.4651and from 2020 how much has gold risen by donkey
Yes, the sky is falling. I found a piece on the ground in my yard just this evening.
So we haven’t got a leg to stand on.
40 trillion in debt. Paying 2 billion a day..good luck every one. It’s going to be a tough 5 years ahead.
This isn’t a reset, it is a global civilizational collapse.
Yep.
If i was in 1929 id be shitting in a buckett
Great information
George: Editor, throw up the next chart.
Editor: * sees a chart showing the end of everything *
Editor: * throws up *
I’ve been hearing about a huge crash for the last 5 years.
And you’ll head it a few hundreds more years
It’s just around the ‘corner’ 😊
They only have to be right once 🙂
more than that but it will and we are 5 years nearer. noone could have anticipated how USA wall Street would fiddle every number.
When the 3 stool legs get pulled out from under the seat the stool suddenly turns into a flying saucer.😮
Retired at 53, earning $45K biweekly… but honestly, the money isn’t even the highlight. What means the most is having a family that stood by me when life was tough. I’m living the life I once prayed for. If you’re still fighting your battles, don’t lose hope — your season is coming. ❤❤
How did you manage to achieve that level of growth? I’ve been doing everything I can to improve my investments. I want to retire in a few years and need better diversification.
Just research the names COACH JULIA LEUNG.
You’d find necessary details to work with a correspondence to set up an appointment.
Appreciate the info.Had to do a quick online search with the full name and found the webpage
Here in Austria 🇦🇹 we love her work because she has been really helpful and has impacted many lives. She has truly set the standard for others to follow.
Yesterday I made €5k and that was the highest I’ve made in a day, most days I make between 1000-2000, I wish to get to more higher level soon.
I love it when he laughs at his own stuff, like hyperscalers more like hyperfailures 😅