X22, Bill Holter, SRU and Max Keiser Thursday Afternoon 3-26-2020
X22 Report Spotlight: Bill Holter
There Are No Coincidences, Reset Is On It's Way
X22 Report Spotlight: Mar 26, 2020
Q: Do you think we are heading into a recession?
BH: Recession is a nice word, no, we are heading into a depression. This is a debt event.
All the money for the stimulus is made out of nothing….The world has become “Venequela”.
Q: is this a planned event…are they pushing the Central Bank Establishment into overdrive.
BH: There are no coincidences.
Retail Apocalypse, Stores Refuse To Pay Rent, 47,000 US Stores Close Many Will Never Exist Again
Silver Report Uncut: Mar 26, 2020
The craziest part is the fact that many retailers have actually shut down their online presence altogether in case you were thinking stores like Amazon are untouchable.
Warehouse problems abound for many including Victoria's secret which has gone dark entirely. Many of the largest retailers in the country have begun to refuse to pay rent after more than 47,000 US stores have closed in under a week.
Most Landlords are extremely levered so many of them can't afford to miss rent payments. 2019 was a record year for store closures but that was nothing compared to the retail apocalypse we are seeing now.
The Cheesecake Factory is one of the retailers who sent a letter to their landlords proclaiming they will not be paying the rents on their locations due to the fact the business has been shut down, Subway, and the mattress firm are some of the other larger retailers who have been attempting to stall or lower there rent payments.
This is sure to ripple through the rest of the economy and many of these retailers including the US malls may be on their last legs.
The record store closures we have seen throughout the past few years were as a result of excessive debts. Shuttering all of your locations doesn't change that.
Keiser Report | Healthcare = 18% of GDP & yet no masks? | E1519
Mar 26, 2020
In this episode of the Keiser Report, Max and Stacy ask how it is that the US economy is 18% healthcare and yet not a medical mask or gown can be had?
And is the danger from Covid-19 to the 49-years-old fiat currency system high enough to be fatal?
In the second half, Max interviews macro investor, Dan Tapiero, about central bank and government intervention in the economy: can an exponential growth in the Fed’s balance sheet save us from an exponentially spreading virus?
They also discuss gold and bitcoin in an era when central banks are losing control of their monetary system.