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Economist's "News and Views" Tuesday 2-6-2024

A “Gigantic Systemic” Meltdown, Greater than 1930s Depression is Coming Warns Market Insider

Daniela Cambone:  2-5-2024

Daniela Cambone interviews Bert Dohmen, founder and president of Dohmen Capital Research, discussing the banking sector, China, the Fed, and the importance of having a Plan B in their recent conversation.

 Dohmen warns that the failure with regional banks last year was not a “one-off” situation, and he emphasizes that a "gigantic systemic meltdown" is underway and would be hard to halt.

He also expresses that we are currently in an era worse than the 1930s, marked by wars, riots, droughts, food shortages, and market crashes.

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Dohmen further advises people to email their Congress representatives to oppose detrimental legislation.

 Watch the video to delve deeper into his insights and learn how you can be prepared for the unfolding uncertainties.

CHAPTERS:

0:00 China Crises

 4:46 Regional Banks

11:31 Interest Rates

15:57 Gold

18:56 Deflation or Inflation

21:11 “Writing on the Wall”

 27:36 Wealth Protection

https://www.youtube.com/watch?v=engA8KhgxMY

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THIS CENTRAL BANK INDUCED PONZI SCHEME IS GOING TO END IN GLOBAL DISASTER.

Greg Mannarino:  2-6-2024

https://www.youtube.com/watch?v=oX0CwiZTWKY

TABLES-TURNED: IMF Upgrades Russian Economy As MidEast Boycotts WRECK McDonald’s Sales

Sean Foo:  2-6-2024

In a twist of fate, the IMF has upgraded Russian economic growth, doubling their previous estimate. This shows Western sanctions aren't exactly working as the Russian economy is slated to grow faster than the G7 nations.

 Meanwhile, the Middle East boycotts have made a serious dent on a major US brand's bottom line. McDonald's share price has dropped by almost 5 percent and here's why!

Timestamps & Chapters:

0:00 IMF Upgrades Russia's Growth

 3:13 West Admits Russian Economy Resilient

6:22 MidEast Boycotts Collapse MCD Sales

9:25 Germany Accepts Reality

11:53 Solving The Biggest Crisis

https://www.youtube.com/watch?v=5EGiCgAVdJI

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