"We Track the Financial Collapse For You, so You'll Thrive and Profit, In Spite of It... "

Fortunes will soon be made (and saved). Subscribe for free now. Get our vital, dispatches on gold, silver and sound-money delivered to your email inbox daily.

This field is for validation purposes and should be left unchanged.

Safeguard your financial future. Get our crucial, daily updates.

"We Track the Financial Collapse For You,
so You'll Thrive and Profit, In Spite of It... "

Fortunes will soon be made (and saved). Subscribe for free now. Get our vital, dispatches on gold, silver and sound-money delivered to your email inbox daily.

This field is for validation purposes and should be left unchanged.

Top Three Videos – October 3, 2023

► Searching for the Best Gold IRA Company?
This is a MUST-Read...

Analyst Who Predicted 2008 Crash: "All Hell Is Going To Break Loose"

GoldSilver with Michael Maloney...

Summary

The global economy is facing an unsustainable financial situation, with increasing national debt, falling tax revenues, and potential for a major crisis in the near future.

Key insights

  • The U.S national debt is now over 33 trillion dollars, with the average tax owed per taxpayer being over a quarter million dollars.
  • “The U.S total debt is over a hundred trillion dollars, and this does not include unfunded liabilities.”
  • The US national debt increased by $5 trillion in just one year, reaching a staggering $28 trillion in 2021.
  • “We pay into this Ponzi scheme all of our lives but there’s nothing there, they’ve borrowed it all and they’ve spent it.”
  • “There’s never been a time in history where rates have gone up this much this fast.”
  • “On top of all of this, there’s going to be another crisis and the spending will worsen the global financial crisis of 2008.”
  • “All hell is going to break loose” – the analyst predicts a major crisis or catastrophe.
  • The analyst predicts that the next crisis will be enormous and an absolute catastrophic disaster, with evidence converging from all around the world.
  • “All hell is going to break loose” – Brace yourself for a potential financial crisis in the coming years, according to the analyst who predicted the 2008 crash.

Matt Piepenburg: Our Currency Is ALWAYS Sacrificed When Crisis Hits, Without Exception

Wealthion...

Summary

Excessive debt, lack of trust in the system, and government policies during times of crisis lead to the sacrifice of the currency, resulting in negative consequences for all economic classes.

Government and Financial Policies

  • The current narrative of robust economic growth and tamed inflation is dangerously wrong, according to Matt Piepenburg.
  • The increasing debt to GDP ratio and deficits have pushed the economy to a point where there are no good scenarios left, leaving policymakers with limited options and potentially sacrificing the value of the currency.
  • The American people need to trust their government and leadership in order to be willing to make the necessary sacrifices to cut spending and address the country’s financial challenges.
  • “We are going to have to debase our currency if we’re not going to cut our spending to monetize our debts and that will ultimately have massive implications on all the markets.”
  • Our government’s fiscal and monetary policies are to blame for our debt and economic crisis, but we are being distracted and told to blame external factors like COVID-19, Putin, or climate change.
  • Debt-driven growth is not real growth, but rather just more debt, making it a misnomer to call it growth.
  • “Fiscal dominance is a trap where raising rates to fight inflation leads to expensive debt and the only solution is to create new money, which ironically worsens inflation.”
  • Negative real rates, where inflation is higher than bond yields, can be politically dangerous, but by manipulating inflation data, Powell can create the illusion of victory while secretly inflating away debt.
  • The magnitude of the rescue effort during the next crisis could be even greater than what was seen during the pandemic, potentially surpassing trillions of dollars.
  • The current system of monetary and fiscal policies will ultimately fail, but blame will be shifted to external factors rather than the policymakers responsible.
  • The formation of the Federal Reserve and the rise of the sovereign central bank model, along with the removal of major fiat currencies from any physical backing, have had significant consequences for our current financial system.

Currency Sacrifice in Crisis

  • “Our currency is ALWAYS sacrificed when crisis hits, without exception.”
  • “Whenever a system is at risk and things start to fail, it is always the currency that is sacrificed to keep the powers that be in play, without exception.”
  • “Every society that has faced this problem has always eventually picked the currency destruction route.”

Impact on Wealth Distribution

  • The disparity in wealth distribution, with 90% of the gains from the stock market going to only 10% of the population, highlights the impact of monetary policy on social and wealth inequality.
  • The dollar may be relatively strong, but it is inherently weak and getting diluted and debased, leading to the increasing importance of gold as a hedge against currency devaluation.

Mark Zuckerberg: First Interview in the Metaverse

Lex Fridman...

Summary

The metaverse has the potential to create a realistic and immersive social experience through photorealistic avatars, mixed reality technology, and AI-generated content, bridging the gap between physical and digital worlds.

The Future of Human Connection

  • The metaverse is the future of human connection on the internet, allowing people to connect in a deeply meaningful way through photorealistic avatars and spatial audio.
  • The metaverse is the future and it’s truly incredible, creating a sense of being in the same space with others.
  • The experience of having conversations with loved ones in a photorealistic virtual environment could fundamentally change everything.
  • Mark Zuckerberg expresses his excitement about the future of the metaverse, stating that it’s difficult to convey how incredible and emotionally immersive the experience is.
  • The Metaverse provides a high-quality experience of friendship, with the same kind of realism as being physically present together, making it a game changer.
  • Mark Zuckerberg believes that the ability to feel present with someone in the Metaverse is the main focus of the metaverse project, highlighting its significance and impact.
  • The metaverse allows for intimacy, trust, and non-verbal communication, providing social and psychological benefits that were previously only possible through physical presence.
  • The metaverse is the next frontier for social networks, where the ability to be immersed and feel present with others is the goal.

Revolutionizing Work and Living Spaces

  • Mark Zuckerberg believes that mixed reality, specifically the ability to superimpose digital representations on the real world, will revolutionize our living spaces, meeting rooms, and offices.
  • The blend of physical reality and digital reality in the metaverse might be the future, surpassing the limitations of the internet and opening up new possibilities for how we live.
  • Mark Zuckerberg believes that the future should be a coherently blended physical and digital world, where the immersive expression of the digital world is combined with the importance of the physical world.
  • Mark Zuckerberg discusses the potential of the metaverse, stating that it could redefine what is possible and change the laws of physics in terms of travel and communication.
  • The metaverse has the potential to revolutionize remote work by allowing people to physically work in different places while still feeling like they are together, building better relationships and trust.

Immersive and Interactive Experiences

  • The metaverse will enable people to physically participate in activities together, such as playing games and attending meetings, creating a more immersive and interactive experience than video calls on phones.
  • Mark Zuckerberg envisions a future where remote meetings in the metaverse can provide a sense of physical presence, making it feel like you’re physically there around a table with people.
  • The demo experience of playing piano in the metaverse without any controller and with no latency is incredible, showcasing the convergence of physical and digital reality.
  • The metaverse has the potential to be the most human and social computing platform ever, surpassing current technologies like wearing a headset.
Twitter
© Bombthrower Media™ Contact Us | Privacy Policy The information contained within IS NOT investment advice. Do your
own research and make your own decisions.We may not always agree with the opinions of our contributors.

Contact Us

Send Us Your Video Links

Send us a message.
We value your feedback,
questions and advice.

We Track the Dollar Collapse For You!

Cut through the clutter and mainstream media noise. Get free, concise dispatches on vital news, videos and opinions. Delivered to Your email inbox daily. You’ll never miss a critical story, guaranteed.

No thanks, back to the page.
Privacy Policy

This field is for validation purposes and should be left unchanged.