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Dollar Is Doomed; Constitutional Money Is The Solution | Patrick Holland - Liberty and Finance - VIDEO
Maui, Mayhem, Murder & Supernatural Evil – Steve Quayle - Greg Hunter Show - VIDEO
https://usawatchdog.com/maui-mayhem-murder-supernatural-evil-steve-quayle/
Shermann
"It's a fabricated lie" They're About To Do The Unthinkable! | Gregory Mannarino - VIDEO
Civilization & Dollar are Going to End – John Rubino - Greg Hunter Show - VIDEO
https://usawatchdog.com/civilization-dollar-are-going-to-end-john-rubino/
Shermann
Disaster Awaits As Wage Inflation Takes Off | John Rubino - Liberty and Finance - VIDEO
Bob Kudla – Is The Fed About To Make A Move That Will Destroy The Currency? Insanity - X22 Report - VIDEO
https://x22report.com/aiovg_videos/bob-kudla-is-the-fed-about-to-make-a-move-that-will-destroy-the-currency-insanity
Shermann
Moronic & Demonic Indictment, BRICS in Business, CV19 Horror Returns - Greg Hunter Weekly Wrap Up - VIDEO
https://usawatchdog.com/moronic-demonic-indictment-brics-in-business-cv19-horror-returns/
Shermann
Deep State Pressing CV19 Fear Button for Control – Dr. Sherri Tenpenny - Greg Hunter Show - VIDEO
https://usawatchdog.com/deep-state-pressing-cv19-fear-button-for-control-dr-sherri-tenpenny/
Shermann
Who Just Bet On Market CRASH? | Bob Moriarty - Liberty and Finance - VIDEO
Ron Paul Report - 'The Covid Conspiracy' - With Guest Thierry Baudet - VIDEO
Lahaina Incineration is Deadly Weather Warfare – Dane Wigington - Greg Hunter Show - VIDEO
https://usawatchdog.com/lahaina-incineration-is-deadly-weather-warfare-dane-wigington/
Shermann
The Days of Low Inflation and Low Interest Rates are Over - Peter Schiff - VIDEO
Silver Investing Becoming Mainstream | David Morgan - LIberty and Finance - VIDEO
Dire Warning From Lynette Zang - Stack Gold & Silver Before It's TOO LATE!
Ron Paul Report - 'How to Prevent the Next Government Lockdown' -- Don Huffines at the 2023 RPI Houston Conf - VIDEO
Banks Positioning To Go LONG Silver | Robert Kientz - LIberty and Finance - VIDEO
I just sent out my warning on an imminent economic disaster ...
Howdy All ...
This is my warning on a Severe Economic Recession Imminent ... All the problems are beginning to cascade, which is going to provide an exponential negative impact on the economy ...
Some new factors ...
Inflation is currently running at a annual rate of from 15 to 20 percent for what us regular folks spend money on ... Check out Shadowstats.com ... The core rate of inflation is currently at around 5%, but it does not include food, energy, or housing ... Our electric bill went up 35% June 1st per kwh ... Our car insurance went up 130 dollars for the coming six months, which is around a 17% increase ... Everything we are spending money on is costing much more, which makes sense ... The inflation increase started happening in the Spring of 2022, and it takes 12-18 months for it to cycle through the economy.
There is a shortage of labor ... The Disability rate and the new category of "Unable to work" has increased by over 3 Million jobs ... This is an unheard of rate, and is the largest number ever recorded. I would say it is due to the VAX shots plus boosters as this is the one variable since 2021 that has changed ... Keep in mind that these mRNA ingredients in the vaxes are being added to the flu, shingles, and pneumonia vaccines ... The only shot we will take right now is the Tetanus shot.
The current federal debt for the year is over 1.6 Trillion dollars and will be close to 2 Trillion by the end of the federal fiscal year on sept 30th. Service on the debt, will be over 900 Billion Dollars a year next fiscal year. And the Federal Reserve is still saying they will continue to raise the federal funds rate ... So far from around 0 to 5.25% over the last year and a half ... Absolutely astronomical. All this money is being monetized and adding to money in circulation ... When there is more money chasing the same or less amount or goods, prices have to increase more than whatever normal is.
The average price for a two bedroom apartment is now around 1400 dollars a month. This is money spent with no equity gain. Our house payment in 1993 was approx 1400 dollars a month including escrow ... The average new house just increased to over 400,000 dollars ... Which at a current average fixed rate of 7+%, means folks will be spending from 3500 to 4000 dollars a month before even one dollar of principal is paid.
Used car prices are now declining, and Repo's are increasing at an exponetial level. Just the cost of fixing a car has increased by over 20% in the last year, and there are shortages in parts. Shortages in General are getting much worse.
U.S. imports declined 20% in the month of July ... People are buying less as Discrentionary expenditures are declining ... Around 2/3 of the households in the U.S. are single parent households ... I have no idea how they are keeping their heads above water.
Banks are increasing credit card limits, and many folks are getting their home equity lines of credit increased ... Meanwhile, the home equity rates are from 9-10% and the average credit card rate is 22% ... More money that just evaporates ... These are variable rate loans that just increase with the interest rates.
Homelessness is increasing at exponential rates ... So are Drug Overdoses ... And so much more ...
Paula and I are making our final plans for a disintegrating economy ... Filing Gas cans, Replacing old appliances/utility devices with new ones ... Making sure we have lots of bottled water, and Most Imprtantly ... We will be debt free by March 1st of next year ... Also putting our money tangible items we can touch ... Credit Unions and small community banks are key ... These large banks are in a whole lot of trouble, as hundreds of billions of dollars of deposits are being pulled out of the banks ... And they have a huge exposure in the commercial real estate market, which is crashing now.
And there is so much more ...
Please get prepared, and God Bless
Ron Paul Report - Oops...They Did It Again! Another Day, Another Trump Indictment - VIDEO
The Fed Will Never Hit Its Inflation Target - Peter Schiff - VIDEO
“PEOPLE DON’T KNOW WHAT'S COMING...” | Ray Dalio's Last WARNING - VIDEO
Ron Paul Report - AG Garland's Failure Makes Impeachment Inevitable - VIDEO
Risks To Your Retirement NOW | Andy Schectman - LIberty and Finance - VIDEO
The economy is at a tipping point ... People need to make final preparations now ... IMHO
Best of Luck All - Shermann
Ed Dowd Unfiltered: RFK, the Vaccine’s New Disability Crisis, and the Next Big Threat to America - VIDEO
Jim Rickards: Western Economies About To Slam Into A BRICS Wall? - VIDEO
Ron Paul Report - Endless Wars, Welfare & "Stimmies" Aren't "FREE" -- Inflation Is The Tax - VIDEO
Mark Finchem – We Are Facing An Existential Election Threat, Transparency Is The Only Way - X22 Report - VIDEO
https://x22report.com/aiovg_videos/mark-finchem-we-are-facing-an-existential-election-threat-transparency-is-the-only-way/
Shermann
Gold Currency Is No Surprise | Alasdair Macleod - Liberty and Finance - VIDEO
Home Defense: What NOT To Do | Paul Helinski - Liberty and Finance - VIDEO
I also want to add ... It is really hard for most people to switch banks ... Direct Deposit and Electronic Payments take awhile to change ... And verify they are correctly changed ...
It was really tough for us ...
Shermann
Last Crisis Before The ENDGAME | Rafi Farber - Liberty and Finance - VIDEO
That is the Truth!!!
Credit Unions and Small Conservative community banks are the best bet IMHO ... And for us ... Silver U.S. Coins are a great hedge for some of our funds in the bank ...
Best of Luck - Shermann
Full Faith & Credit of a Bankrupt Insolvent Government – Bill Holter - Greg Hunter Show - VIDEO
https://usawatchdog.com/full-faith-credit-of-a-bankrupt-insolvent-government-bill-holter/
Shermann
House Dem. Leader Plaskett calls Robert F Kennedy Jr a racist, demands be censored during hearing - VIDEO
"In Times of Universal Deceipt, Telling the Truth is a Revolutionary Act" - George Orwell
House Dem. Leader Plaskett calls Robert F Kennedy Jr a racist, demands be censored during hearing - VIDEO
"In times of Universal Deceipt, Telling the Truth is a Revolutionary Act" - George Orwell
Economic Collapse: ‘All Banks To Fail’, Fed’s Powell To Resign | Peter Schiff & David Hay - VIDEO
My Monthly Economic Report Emailed to 50 Folks - Family and Friends ,..
Howdy All!!!
Been awhile ... I had my left hand operated on and typing 55 wpm was not possible ... There have been a lot of developments ...
Last August, the U.S. Supreme Court ruled for a second time on the moratorium for paying Rents / Mortgages ... And then folks had to resume payments for their housing ... Apparently it was not in the Pervue of the CDC
Lately, the U.S Supreme Court ruled that the Biden plan on forgiving Student loans was unconstitutional, so folks will resume paying them in Sept ...
In both cases, the executive branch of the federal government exceeded their legal limits. It all starts in the U.S. Congress to pass these laws as they constitutionally hold the purse strings ... Of course, they did nothing ...
Now ... Vehicle Repos are going through the roof, as people cannot afford to pay them ... For example ... Electric Rates have gone up from 35 to 60% in the last 18 months ... The average rent for a two bedroom apartment has increased 200+ dollars on the average.
The Federal Inflation rate is around 5.5% while, based on the 1980 Formula it is approaching 18% ... Look at shadowstats.com ... They have the real numbers.
What we have seen in the current banking crisis is just the tip of the Iceberg ... For those huge regional banks, people lost their money, and have to wait for the FDIC to send them the money they were insured for ... That is more money taken out of the banking system ...
Commercial Real Estate is tanking, and a number of these regional banks are exposed. They mark their bonds to maturity ... Unfortunately, around 300 Billion dollars have been pulled out of these banks within the last 9 months ... Meaning they have to sell the same securities for about half the value ... Remember that the Fed Funds Rate has increased from around 0 to 5 percent in the last 18 months. That makes the Prime rate 8 percent instead of 3% ... And it gets worse ... Anyone with variable rate interest loans are paying at least 8.5% versus 3.5% 18 months ago, which is pulling much more money out of the household income.
There is now over 17 Trillion of Household Debt ... 1.05 Trillion is Credit cards ... 3.1 Trillion is Student Loans ... 3.5 Trillion are vehicle loans ... and most of the rest are Housing / Home Equity Loans ... While just Food inflation is up 78% in the last two years, and 62% of families are now living Paycheck to Paycheck.
For ourselves ... Our Home Equity loan will be paid off October 1st, Paula's car paid off in 18 months Dec 1st, and My Truck paid off March first in 10 months ... We will have no debt, and last year we invested 85,000 dollars in updating everything in the house plus a lot of other improvements prior to the high inflation ... And the Inflation and Shortages will get worse towards the end of the year.
First time unemployment claims are pushing 250,000 a week, or 1 million per month ... And it will get worse ... Banking liquidity is drying up ... Small businesses and the rest of us small folks will not be able to get credit in a few months.
Please plan accordingly ... All these numbers are real, and available on various govt websites ...
Pay off Debt, and put your savings in Tangible Items.
More Bank Failures By Fall? | Craig Hemke - Liberty and Finance - VIDEO
SILVER: What You Are Not Being Told | LIVE w/ Andy Schectman
Ron Paul Report - The Uniparty vs The People: America's New Political Landscape - VIDEO