We Just Had A Bank Bail-In, Anyone Paying Attention - Episode 1300a
Retail sales are down in the UK, inflation rising and spending is down. Sears is closing another 66 stores and the retail apocalypse take hold. Older Americans need to work because of zero interest rates, inflation and the devaluation of the dollar, by doing this the younger generation is finding it hard to find those part-time jobs.The stock market is repeating what we saw back in 2000 and 2006, and we know how that ended, in a crash of the market and a recession. Spain's Banco Popular just did a bail-in and it was purchased by Santander. China signaled they were going to purchase Treasuries and this might have been agreement that Trump made during the meeting with Xi Jin Ping.
On youtube I was seeing all kinds of shows about collapse from 2013 on. Well, it will happen one day. But why media has to keep people scared? If there would be no fake predictions in 2013, I would invest into stock market and ETFs. But now I believe it is too late already, because we have third longest economic expansion of all time! That can't be good sign.
Always appreciate your analysis and research. Very thorough. Great to see you on Steemit.
Well, speaking of failing banks, who could forget this classic clip:
Marconi, Please, let's complete your reminder of Clown Cramer on the subject of Bear:
Lmao..... just a cheerleader for the markets.
This is great
it never gets old!
Thanks Dave, my charts say the stock market will have a small sprinkle of wake-up juice tomorrow. I told everyone to hit the play button on this song around noon and have some popcorn. LOL
You must have reading my posts!!! Lol
But really I've been saying this for some time now, I've been hearing of become your own bank, but definitely start off with basics for home first! Food, water, medical supplies, people forget about that one, and ammo and firearm, just in case it gets really bad and it could. Get silver, gold if your fortunate to have that kind of money, and then get crypto..... don't get left behind
so is this 'bail in' mean that all / most of the debt / loans out to individuals are cancelled and, so if you have a mortgage with them it is null and void ?
I like your thinking!
The bankster scumbags have bled the middle class dry. Way to kill your golden goose you psychopathic idiots.
Nothing but good advice and rational examination of the issues.
Thanks!
lol, the intro lol. too much. . . so much drama.. .lol.
Thanks Dave great report, I dont think we have a lot of time left I do hope people are getting ready for this event,