Economist’s “News and Veiws” Wednesday 10-18-2023

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Bail-Ins Will SHOCK The Public | Andy Schectman

Liberty and Finance:  10-18-2023

Bank bail-ins are on the horizon, says Andy Schectman of Miles Franklin. And the public, even investment professionals, “have no idea what’s coming for them.”

He expects the gold and silver markets will go crazy, since the public will rush into the only assets outside the system that have been wealth for 6,000 years.

Precious metal inventory levels will likely dry up, and premiums of physical bullion will go through the roof

.INTERVIEW TIMELINE:

0:00 Intro

2:30 New normal

9:56 Escalating conflicts

 18:20 Dedollarization

 24:46 Bail-ins

https://youtube.com/watch?v=X3r2SqaCHWE%3Ffeature%3Doembed%26enablejsapi%3D1

Peter Schiff: “A STORM Is Brewing” In The US Economy, Those Who Aren’t Prepared Would Be WIPED Out

Wallstreet  Research:  10-18-2023

Peter Schiff believes that we are not currently in a depression, but he warns that future economic conditions may lead to one.

He argues that depression has been temporarily averted through debt and inflation but emphasizes that these actions have sown the seeds for a future depression.

Debt and inflation have indeed been used to stimulate the economy and prevent recessions, as seen in response to the 2008 financial crisis. Continuous debt accumulation can create long-term economic imbalances and instability, potentially leading to a severe economic downturn in the future.

 Schiff suggests that the government plays a significant role in determining how severe this impending depression will be.

He highlights the possibility of worsening the situation with poor monetary and fiscal policies. Government policies, such as excessive spending or failing to address structural economic problems, can exacerbate economic challenges.

 History has shown that government actions during economic crises can either mitigate or worsen their severity.

https://youtube.com/watch?v=6JYR6qW64jk%3Ffeature%3Doembed%26enablejsapi%3D1

ALERT! Another F@LSE FLAG EVENT HAS OCCURRED. US Manufacturing CRATERS. INFLATION SURGES.

Greg Mannarino:  10-18-2023

https://youtube.com/watch?v=Y-b4p7iHrZ4%3Ffeature%3Doembed%26enablejsapi%3D1