Economist’s “Market Crash News and Views” 8-7-2024
Economic Freight Train Is Coming | Gregory Mannarino
Liberty and Finance: 8-7-2024
Gregory Mannarino warns of a looming economic trainwreck driven by massive currency devaluation and unsustainable debt levels.
He believes that the central banks' policies, such as suppressing interest rates and weakening the dollar, are setting the stage for a severe financial crisis.
Mannarino argues that these actions disproportionately benefit corporations and the wealthy, leaving average citizens vulnerable.
He emphasizes the need for awareness and proactive measures to mitigate the impact of the impending economic downturn on individuals and communities.
INTERVIEW TIMELINE:
0:00 Intro
2:10 Volatile markets
12:18 The “solution”
18:19 Dividing the population
27:46 Preparedness
Commodities To Go 'Through the Roof' After Brutal 80% Market Crash: David Hunter
Commodities Culture: 8-7-2024
David Hunter forecasts that the broad market is set for an 80% crash in the next year, in a bust he believes could be one of the biggest financial downturns in history.
The good news for commodities investors is that he sees an unprecedented supercycle for hard assets on the other side, where gold, silver, energy, uranium, copper, and other vital commodities will explode in value beyond what anyone can anticipate.
00:00 Introduction
00:44 The Fed's Next Move
01:42 State of the Broad Market
05:58 Implications of Rate Cuts
11:07 History Repeating
13:52 Canada Has No Gold
17:44 BRICS Versus the West
23:22 Oil and Geopolitics
26:43 Thoughts on Uranium
28:24 Forecast For Copper
30:07 Agricultural Commodities
33:54 Inflation Leading to Civil Unrest
36:18 Get Your House in Order
42:40 Gold and Silver's Role