Top Three Videos – June 21 2023

Multiple factors and potential crises that could lead to a looming financial crisis in Europe and other major world economies.

• 00:00 📉 Germany’s recession and inability to financially support other debt-ridden countries, along with the Fed’s decision to pause interest rate hikes, creates uncertainty and potential tightening of the monetary system, leading to a looming financial crisis in Europe and overpriced stocks and bonds that need to come down.
  • Germany is in recession and cannot financially support other debt-ridden countries in the Eurozone, while still providing funds to Ukraine, leading to potential bankruptcies and a looming financial crisis in Europe.
  • The Fed has paused with a big stick, according to John Rubino.
  • The Fed’s decision to pause interest rate hikes creates uncertainty and potential tightening of the monetary system, which is detrimental to the financial markets.
  • Stocks and bonds are overpriced and need to come down, especially given today’s interest rates, and the situation in Europe is also concerning.
• 04:15 💰 Germany and Europe are in recession, unable to financially support other debt-ridden countries, while the ECB’s interest rate hikes are pushing Italy and Greece towards bankruptcy, leading to a choice between a financial crisis or tanking the Euro; easy money policies, a new green deal, and borrowing for the Ukraine war are causing uncertainty and a potential broader plan to destroy major world economies.
  • Germany, along with the rest of Europe, is in recession and is no longer able to financially support other debt-ridden countries in the Eurozone, while still providing financial aid to Ukraine.
  • The ECB raising interest rates in Europe is causing countries like Italy and Greece to become functionally bankrupt, and now the ECB is faced with the choice of either causing a financial crisis or tanking the Euro by cutting interest rates.
  • Pat is implementing easy money policies, which have historically been disastrous, and Europe is enacting a new green deal by closing down nuclear plants and replacing them with Russian natural gas, causing uncertainty.
  • The government is borrowing money for the Ukraine war, closing down farms, mandating electric cars, and creating new euros without considering the source of funding.
  • Easy money has caused European leaders to forget that money comes from somewhere, leading to a major crisis, and there is speculation that there may be a broader plan to destroy major world economies in order to impose a central bank.
• 09:10 🌍 Countries like China, Europe, and the United States are facing potential financial crises due to issues such as real estate bubbles, high debt, and unlimited fiat currency printing, while countries like Switzerland and Russia are managing their finances better.
  • Digital currencies, mass surveillance, and the great reset are discussed, but it is important to consider whether countries are managing themselves sustainably, as they may be doing the wrong thing if they want to survive in the future; additionally, there is mention of a potential China meltdown and the emergence of nationalist content on YouTube.
  • China’s real estate issue, high youth unemployment, and demographic implosion are concerning, and it remains uncertain if they have control over these problems, but it is important to pay attention to the situation as managing a financial bubble is difficult.
  • China’s real estate bubble is larger than Japan’s in the 90s and the US bubble in the 2000s, with 74% of household net worth in China tied to real estate, leading to a potential financial and political crisis, exacerbated by the negative impact of lockdowns on small businesses and social development.
  • The lack of a free media in China limits access to information, but the government should be afraid because the people know enough to be angry.
  • The global financial crisis is imminent as countries with unlimited fiat currency printing presses, such as Europe and the United States, are at risk of collapsing, which would have a domino effect on major banks, pension funds, and insurance companies worldwide, while countries like Switzerland and Russia, who are not heavily in debt due to their oil reserves, are ironically managing their finances better.
• 15:16 🏢 San Francisco’s commercial real estate market is facing a bust, potentially leading to defaults and losses for lenders, banks, insurance companies, and pension funds, which could have significant consequences for the city’s future.
  • San Francisco’s commercial real estate market is facing a bust, with buildings worth only half of their stated value, leading to potential defaults and losses for lenders, banks, insurance companies, and pension funds.
  • San Francisco may cease to exist as a city in 10 years unless there is a change in leadership that enforces stricter laws and addresses issues such as homelessness and shoplifting.
  • San Francisco’s decline and the violence across the country are indicative of a failing financial system that is causing the majority of working-class people to lose faith in the system.
• 18:37 📺 The speaker discusses the distressing reality of the United States being in a state of endless war, with both Republican and Democrat presidents being controlled by individuals who profit from selling arms for wars, including the possibility of a nuclear war.
  • The speaker discusses the distressing reality of the United States being in a state of endless war for many years.
  • We are currently being governed by an aristocracy that profits from people being sick and from endless war, with both Republican and Democrat presidents being controlled by individuals who make fortunes off selling arms for wars, including the possibility of a nuclear war.
  • The speculation is that if Trump had been re-elected, there would not have been a war in Ukraine, and the current Biden bribery scandal is tied to endless war, with the Trump years being seen as the “good old days” compared to the current situation.
  • RFK Jr’s popularity is rising due to his interview with Joe Rogan, where he was able to articulate his beliefs and life story uninterrupted.
• 23:16 📺 The speaker discusses the potential appeal of Trump potentially getting the Republican nomination and pardoning himself to be re-elected president, along with the idea of him appointing RFK Jr to reform the healthcare system and foreign policy.
  • The speaker discusses a man who is knowledgeable about various topics and expresses coherent ideas about vaccines and corruption in the healthcare system, which align with the current state of the world.
  • Trump potentially getting the Republican nomination and pardoning himself to be re-elected president, along with the idea of him appointing RFK Jr to reform the healthcare system and foreign policy, would be an appealing ticket.
  • RFK acknowledged Trump’s popularity among disenfranchised working people and emphasized the importance of understanding this perspective, while also discussing the divisive tactics used by the governing body to maintain power and the bravery of running on an anti-corruption platform.
• 26:48 🔍 John Rubino discusses various conspiracy theories surrounding the assassinations of JFK and RFK, suggesting possible motives and connections to the CIA, mob, and political figures, while also mentioning Reagan’s assassination attempt and the choice of a former CIA agent as his vice president.
  • John Kennedy’s skepticism of the military industrial complex and his decision to pull out of Vietnam may have led to his assassination by the CIA.
  • The speaker discusses the scenario where a person had enemies in the mob, intelligence community, and oil industry due to his intention of eliminating the depletion allowance, which allows oil companies to defer taxes indefinitely, and compares it to a character in the movie Casino.
  • LBJ may have had a motive to kill Kennedy in order to become president, as he was being investigated for corruption and Kennedy was considering dropping him from the ticket.
  • Reagan’s assassination attempt and the choice of a former CIA agent as his vice president raises questions, while the sloppy hit on JFK led to a cover-up and the involvement of John Foster Dulles.
  • RFK’s upcoming election is expected to be unique, as he is already admitting to his past mistakes, making it unclear what could disqualify him, and there is speculation that Huey Long’s political hit was orchestrated by FDR due to his populist threat and opposition to the New Deal.
• 32:39 💡 The importance of confidential documents depends on who possesses them, and there are various websites to subscribe to for financial information.