The ONGOING BANKING CRISIS and the Looming Credit Crunch that will BITE BUSINESS HARD
The unfolding banking crisis may not immediately cause widespread issues, but the impending credit crunch that could follow might intensify these challenges.
Historically, banking crises evolved from waves of defaults which then led to doubts over bank solvency. However, this situation has reversed. Banks, once abundant in capital, are now resource-constrained as investors retreat.
In response, these institutions limit their lending activities, imposing stricter credit standards and focusing primarily on top-tier corporates. This constrained lending environment, termed a credit crunch, compounds the issue.
As corporations grapple with credit access, defaults increase, potentially leading to a more severe banking crisis.
Tune in as Ed and I discuss this important topic.
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💥 DISCLAIMER: Content on this channel references an opinion and is for information purposes only. No one appearing on this channel is offering solicitation or investment advice of any type. No content on this channel is intended to be investment advice. Seek a licensed professional for investment advice.
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Bidenomics making EVERYONE POOR - what an absolute disaster
President Joe Biden embarked on a nationwide tour to emphasize the success of his economic policies, commonly referred to as "Bidenomics." The tour has been perceived by some as more of a public relations attack against predecessors rather than an honest review of his economic achievements.
Despite his promotion, public approval of his economic record is low, reflecting concerns over soaring federal debt, increasing inflation, and unchanging real incomes. The projected annual budget deficits, which were under $1 trillion before the pandemic, are expected to near $3 trillion in a decade.
Critics argue that the Democratic government's $5 trillion in spending and bailouts is responsible for much of the present economic turmoil. The $1.9 trillion American Rescue Plan, for instance, is accused of turning modest post-pandemic inflation into an outright crisis, leading to a 16% price increase since Biden's inauguration, and costing the average household more than $10,000.
The middle class has been significantly affected by rising inflation and decreasing incomes, as well as both increased mortgage rates and home prices. While the stock market performed positively in 2021, it has declined almost 10% since the beginning of 2022, and debt levels are growing.
The administration's "pro-worker" and "pro-investment" policies have also come under scrutiny, seen by some as reviving outdated big government failures. Measures such as tariffs, protectionism, and deliberate increases in labor costs are blamed for hindering American competitiveness, worsening inflation, and sparking potential retaliation from trade partners.
Additionally, the administration's investment initiatives, such as the CHIPS Act and the $370 billion infrastructure law, have reportedly encountered regulatory delays and considerable cost overruns. The overall approach of "Bidenomics," reliant on extensive subsidies and regulations to protect favored industries, is seen as a system that benefits large labor and politically allied industries at the expense of consumers and taxpayers, leading some to label the president's economic record as a failure.
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There is a MAJOR Climate Emergency [so they say] and this is going to destroy life as you know it!
There is no climate emergency but the UN would have you think that we are now in the era of "Global Boiling". Give me a break - what total rubbish. It would be funny if it wasn't so serious. By that I mean the lock downs, the control and the total madness from the satanic leaders that rule us all.
Tune in as Ed and I discuss this important topic and let us know your thoughts.
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💥 DISCLAIMER: Content on this channel references an opinion and is for information purposes only. No one appearing on this channel is offering solicitation or investment advice of any type. No content on this channel is intended to be investment advice. Seek a licensed professional for investment advice.
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This is EXACTLY HOW Democrat Policies have CREATED a giant HUMANITARIAN CRISIS
In today's episode Ed and I explore the complex issue of homelessness, particularly in connection to open border policies and sanctuary cities in the United States. Why does the government continue to lie about this massive problem?
In recent years, the landscape of immigration policy has changed dramatically. With the enactment of open border policies and the establishment of sanctuary cities, the issue of illegal immigrants not being allowed to work and having nowhere to stay has come to the forefront. This video provides an objective examination of the situation, aiming to understand the impact on both immigrants and local communities.
A surprising player in this situation is BlackRock, a multinational investment management corporation. They are reportedly set to receive substantial government funding to address the ongoing crisis. But what role will they play, and is it the right move? In this video, we'll dive into BlackRock's involvement and assess whether it aligns with the interests of those affected by homelessness.
We will also reflect on the political dimensions of this crisis. Some argue that these challenges were created or exacerbated by Democrat policies, particularly those promoting open borders. Is this a fair assessment? We'll look at the facts, the policies, and the real-world outcomes to provide a balanced view.
Join us as we explore these critical topics:
- The Intersection of Homelessness and Immigration
- The Role of Sanctuary Cities in the Current Landscape
- BlackRock's Involvement and Strategy
- Political Influences and Implications
- Proposed Solutions and Future Outlook
Please feel free to share your thoughts and opinions in the comments section below. Remember to like, subscribe, and click the notification bell to stay updated on our latest content.
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47
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Was Trump just RE-ELECTED? & The ERA of GLOBAL BOILING has arrived - LOL!
On the first part of today's live Ed and I discuss the recent indictment of former President Donald Trump has, paradoxically, only seemed to make him stronger and more popular among his base.
Many of his supporters view these legal challenges as evidence of a political witch hunt rather than legitimate legal proceedings. They argue that while Trump faces intense scrutiny and prosecution, allegations of corruption relating to Joe Biden and his son, Hunter, appear to be swept under the carpet.
This perception of unequal treatment fosters a sense of injustice among Trump's followers, galvanizing them and fueling a narrative that their candidate is the victim of political bias. Whether this sentiment is grounded in reality or not, it undoubtedly serves to fortify Trump's political presence and energize his supporters.
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The announcement by the UN Secretary that the era of "global boiling" has arrived has created significant controversy and debate, particularly in the Australian Parliament.
Members of the left-leaning parties, particularly Nick McKim have embraced the statement as a definitive truth, affirming their long-held concerns about environmental degradation and climate change.
The situation highlights how deeply polarized the discussion around environmental policy has become, with the left claiming the world is going to end. The Greens party and the Teals are nothing but fearmongering liers.
===
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The North Korean [DPRK] NUCLEAR MISSILE program escalates with CCP DF17 missiles now in play!
The North Korean [DPRK] NUCLEAR MISSILE program has seen a significant escalation with the introduction of CCP DF17 missiles. This development has heightened concerns among international observers, as the integration of these advanced missile technologies could substantially increase the range and capabilities of North Korea's arsenal.
The DF17, known to be equipped with a hypersonic glide vehicle, represents a new level of technological sophistication. Its addition to the DPRK's military infrastructure sends a strong signal to the world about North Korea's ongoing commitment to expanding its military prowess. The collaboration with the Chinese Communist Party (CCP) in this matter has also raised questions about the geopolitical implications and the broader regional dynamics, fueling debates on international security and potential countermeasures.
The god himself Kim Jong Un and Russian Defense Minister Sergei Shoigu were in attendance at the latest parade earlier this week, observing the display of newly developed weapons systems, including intercontinental ballistic missiles (ICBMs), cutting-edge combat and reconnaissance drones, massive new torpedo technology, cruise missiles, and modernized tanks with updated optics and reactive armor.
The parade revealed significant advancements in North Korea's military technology. The DPRK now appears to have capabilities resembling the MQ9 Predator drone, the RQ4 Global Hawk, and the DF17 missile.
These new capabilities suggest access to stolen plans, possibly from China. The event also featured a canister-launched cruise missile ability, and the new torpedo technology and upgraded tank capabilities are indicative of a considerable step forward in the North Korean military arsenal.
The presence of a high-ranking Russian delegation at the parade has raised global concerns about increased military cooperation between Russia and North Korea, and the unfolding scenario brings to the forefront allegations from the United States concerning North Korea's arms supply to Russia in the war against Ukraine.
Tune in as we analyze this significant event, its groundbreaking reveals, and its potential implications on international relations.
===
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212
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This is FAKE NEWS on CLIMATE CHANGE - this is where it all comes from: Covering Climate Now
Have you ever questioned the origin of the prevalent climate rhetoric? It appears to stem from a website called https://coveringclimatenow.org/, a hub that serves hundreds of news outlets around the world with information on what some claim to be a misrepresented climate change agenda.
Covering Climate Now positions itself as the authoritative source for this type of news. Some critics argue that mainstream media often neglects to fact-check, leading to the continuous spread of what they believe to be misinformation.
We'd love to hear your perspective on the idea of a centralized source for what's deemed as truth. Is this concept sound or fundamentally flawed?
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74
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Daniel Andrews BANS NATURAL GAS in Victoria
Victoria: Premier Daniel Andrews has announced a ban on gas connections in new homes and government buildings from January 2024. Aimed at reaching net zero emissions by 2045, this decision is a complete disaster for the state of Victoria and will have far reaching implications for inflation, pollution and worse.
Join Ed and I as we discuss the lies that the Victorian government keeps telling and let us know your thoughts.
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38
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Is Sam Bankman-Fried GETTING AWAY WITH the COLLAPSE of FTX
US prosecutors are thinking of dropping a charge against SBF, FTX's co-founder, related to illegal campaign donations due to extradition disputes between the US and The Bahamas. This decision comes after he was charged with 13 different accusations including fraud, money laundering, and bribery.
You probably already know that FTX was a giant money laundering operation:
1. The US sent money to Ukraine.
2. Ukraine then sent the money to FTX.
3. FTX donated the money to the Democrats.
This series of transactions paints the entire FTX situation as a money laundering operation for American politicians. SBF, in this scenario, appears to have been unwittingly involved, being described as a "useful idiot" in the scheme.
Despite the potential dropping of the campaign donation charge, the remaining charges, combined with these new allegations, will keep the trial in the spotlight.
===
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ALIENS are a real thing - we are NOT ALONE in the UNIVERSE!
Ryan Graves, David Fravor and David Grush gave testimony at the Subcommittee on National Security, the Border, and Foreign Affairs orchestrated a crucial hearing titled, Unidentified Anomalous Phenomena.
Ed and I believe that this is one of the most important stories of all time. Let us know your thoughts and opinions below in the comments.
You can watch the entire hearing here: https://youtu.be/lYeD5Vq3OdI
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Are UFOs / UAPs real? Listen in as David Grusch, Ryan Graves and David Fravor all tell you they are!
Post-hearing Summary: Erosion of Public Confidence due to Deficient Transparency and Accountability in Government's Approach to UAP Incidents.
WASHINGTON— The Subcommittee on National Security, the Border, and Foreign Affairs orchestrated a crucial hearing titled, “Unidentified Anomalous Phenomena: Implications in National Security, Public Safety, and Government Transparency.” The panel members engaged with witnesses to address the glaring lack of transparency and adequate reporting protocols within federal entities regarding Unidentified Anomalous Phenomena (UAP) occurrences. They also brought to light the severe personal and professional retaliation meted out to pilots reporting UAP encounters, which has led to a reluctance to report such incidents and a consequential gap in the gathering of national security intelligence.
Principal Insights:
The prevailing internal reporting processes for military and civilian pilots encountering UAP in federal agencies are notably substandard or entirely non-existent. This deficiency has engendered a transparency void, which has spurred speculation and undermined public faith.
Ryan Graves, Executive Director for Americans for Safe Aerospace, conveyed in his testimony the adverse consequences resulting from the dearth of transparency on the subject of UAP. Graves stated, “The government possesses more information about UAP than what's made public. Overclassification conceals essential data. There's a disconcerting lack of transparency concerning UAP. Since 2021, all UAP footage is classified as secret or above. This degree of secrecy hinders our comprehension, exacerbating speculation and distrust."
Commercial and military pilots reporting UAP encounters have been subject to harsh retaliation, inflicting severe damage to their careers and personal lives, leading to a reticence among pilots to report interactions with UAP.
David Grusch, the former National Reconnaissance Officer Representative to the Unidentified Anomalous Phenomena Task Force within the Department of Defense, discussed the retaliation he faced for reporting on UAPs during his testimony: “The tactics they used to harm me professionally and personally were extremely harsh and regrettably, certain colleagues of mine were aggressively administratively attacked, which deeply distresses me.”
Another significant contribution was from Retired Commander David Fravor, a former U.S. Navy pilot, who shared his direct experiences with UAPs. Fravor, famously known for his encounter off the coast of Southern California in 2004 with a Tic-Tac shaped UAP, stressed the challenges he faced following his reporting of the incident: "The aftermath was frustrating, I was questioned, ridiculed, and it impacted my career trajectory. It's disheartening to see fellow aviators reluctant to report their encounters due to fear of similar outcomes."
Highlighted Contributions:
Subcommittee on National Security, the Border, and Foreign Affairs Chairman, Rep. Glenn Grothman (R-Wis.), scrutinized the inadequate training and internal reporting systems for military personnel and commercial pilots to report and evaluate UAP data.
Rep. Tim Burchett (R-Tenn.) expressed concern over the Department of Defense's expenditure of vast sums of taxpayer money while repeatedly failing audits, yet continuing to withhold UAP findings from the public.
Rep. Anna Paulina Luna (R-Fla.) underscored how the stigma around UAPs has led to pilots reporting their encounters suffering severe consequences from officials within the U.S. National Security space.
Rep. Nancy Mace (R-S.C.) highlighted the significant levels of UAP underreporting due to pilots' fear of retaliation, leading to a loss of potentially invaluable national security intelligence gathering.
The hearing concluded with a call for improved transparency, better reporting protocols, and an end to retaliation against those who come forward with UAP encounters. The discussion brought forth a broad range of perspectives on the pressing issue of UAPs and their implication for national security and transparency in government operations.
===
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How to make money online in 2023 - This is our experience and how they can be yours too!
In this video, Ed and I take a look at some strategies to help you learn how to make money online. You'll have to do some work, but it can be done.
Whether you want to use Ai and ChatGPT to make money online, a more traditional MLM program or something else, chances are we've looked at a program about it.
There really isn't a reason why you can't make money on line. It's just a matter of finding something that alignes to your values, something that is interesting to you and you take a business like approach to the process.
Make sure you reach out to us if you have any questions at all.
===
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33
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Just stop oil - WHAT WOULD YOU DO if you encountered these people?
Just stop oil protests have become increasingly annoying for people in the UK. I'm sure by now that you've seen these people disrupting traffic, sporting events and defacing art all in the name of some very strange cause!
How would you handle these people if you encountered them? Would you be angry, do you support them? What about their methods? Do you support the way that they are drawing attention to their cause?
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22
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Aliens in CONGRESS - the discussion continues with MORE footage. But is it real?
John Stewart, former candidate for Illinois governor is exposing an alien interrogation video from the mid 1990's. What do you think, is this real or just another distraction designed to get your mind off the deliberate destruction of our economy and society?
You can watch the whole video with John here on Redacted: https://youtu.be/tIHgFr6DTvs
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100
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2
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US Senators SNUB the Constitution [again]
Time and time again we've seen politicians make up the rules as they go and in this video we have a live example for all to see. Talk about rules for the and rules for me!
How do you think that they should have approached this issue. It seems like a no brainer to Ed and I but instead they have completely snubbed the constitution!
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38
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MSM is FAKE news - Not Alwyas but mostly!
In this video, Ed and I take a look into the disconcerting reality of how powerful entities can wield influence, causing certain truths to be misrepresented, obscured, or even entirely falsified.
The main stream media, sadly, is no stranger to the propagation of misinformation, which can be dangerous and divisive, often catering to a particular agenda, and occasionally, at the expense of objectivity and journalistic integrity.
The second part of the video focuses on the importance of media literacy and discernment in the digital age. We highlight why it's crucial not to consume news from a single source, but instead to verify facts from multiple, credible outlets and viewpoints. In a world swamped with information and narratives, it's vital to equip oneself with the knowledge and tools necessary to sift through the noise and find the truth.
We'll provide tips on how to identify and avoid fake news, echo chambers, and biased reporting, in an effort to encourage a more informed and discerning viewership.
===
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25
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Australia's ARROGANT PM Failing in Public | Is the USD collapsing in front of our eyes?
Support for the voice to parliament is dropping and is at an all time low. The Australian PM is working hard to sell it but journos are not having any of his BS. This is by far the most divisive policy every tried by any Australian government.
Here is the full interview with the PM: https://omny.fm/shows/ben-fordham-full-show/must-listen-ben-s-extraordinary-interview-with-ant
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The US is collapsing. Why should you care, what can you do and what does this mean. Join Ed and I as we discuss the implications and what this will mean to you.
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WATCH OUT here comes the next CRISIS in public health - get ready for another lockdown.
Are you actually going to trust these so-called politicians and health officials when the next health crisis strikes?
To me, it's clear as day that these slick politicians and bureaucrats are the real problem, not the pandemic. They've wrecked our economies and ripped apart the fabric of our society.
So, the next time they start spouting their "wisdom," remember their past betrayals. Question them, challenge them, and don't believe a single word they say every single one of them is a liar.
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Crimean–Congo hemorrhagic fever is a viral disease. Symptoms of CCHF may include fever, muscle pains, headache, vomiting, diarrhea, and bleeding into the skin. Onset of symptoms is less than two weeks following exposure. Complications may include liver failure. Survivors generally recover around two weeks after onset.
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It's OVER for SLEEPY JOE - this time for real
President Joe Biden's rapidly deteriorating cognitive health paints a bleak picture for the United States and its leadership. This isn't about minor verbal slip-ups; it's about a fundamental and consistent inability to articulate his thoughts or recall crucial information.
The frequent and embarrassing public debacles, including misidentifying family members and completely botching his campaign trail speeches, are just the tip of the iceberg. His administration's desperate attempts to downplay these instances as mere 'gaffes' have only underscored their gravity. Post-election, Biden's cognitive failings have not only persisted but amplified, manifesting in horrifying policy missteps, forcing an already shaky White House into a constant state of retraction and repair.
The concerning reality is, Biden has become a liability, with his refusal to take a cognitive ability test only amplifying the doubts surrounding his fitness for office. Even more disconcerting is the absence of a credible alternative within the Democratic party, as Vice President Harris seems far from ready to step up to the plate, given her own shortcomings. This dire situation spells an unavoidable catastrophe for Biden's presidency, and quite frankly, his chances for re-election seem to be vanishing into thin air.
This video is a reminder of why it is so dangerous to have Joe Biden in charge: https://youtu.be/Q7A9b4EEGfQ
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Get YOUR MONEY OUT of the bank ASAP - You NEED TO ACT while there is still time!
Banks are irrationally shutting down customer accounts, instigating a ticking time bomb that's set to implode the entire financial industry. This impending cataclysm is not one you'll want to be embroiled in.
Your deposits, seemingly under your control, are actually within the clutches of the banking system, considering you merely as a creditor. In an event of financial meltdown, you will be standing at the back of the queue to recoup your hard-earned money.
It's absolutely crucial that you minimize your dependence on these unreliable institutions immediately. Don't fall prey to complacency or wait until the storm is upon you; protect yourself from the pandemonium that's on the horizon.
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Kerch bridge ATTACKED | Russia pull out of GRAIN DEAL | F6 Pilot training Beginning SOON
The Kerch Bridge, a critical conduit between Russia and Crimea, has come under attack killing 2 civilians in the process. Russia says it will take a month to fix.
This incident comes hot on the heels of Russia's unexpected withdrawal from the important grain deal, which has sent shockwaves through the international commodity markets and raised questions about food security.
Meanwhile, preparations are underway for the initiation of F6 pilot training. The commencement of this program soon adds another layer of complexity to the geopolitical landscape, intertwining concerns of infrastructure security, trade agreements, and military preparedness.
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NO MORE (crappy) Russian Hardware for India - its FRENCH FIGHTER JETS and subs all the way
In this video, Ed and I take a look at the significant defense deal inked between India and France during Prime Minister Narendra Modi's recent visit to Paris.
The agreement, comprising the purchase of 26 Rafale Marine fighter jets and 3 Scorpene military submarines, marks a strengthening of political and commercial ties between the two nations.
This move comes as France endeavors to shift India's reliance away from Russia, its main weapons supplier. As the 25th anniversary of the Indo-French strategic partnership is celebrated, the two nations are preparing a roadmap for a further quarter-century of bilateral cooperation.
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40
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Are YOU READY? The [ABSOLUTE WORST] Economic Times are AHEAD OF US
"What is the National Debt Costing Us?" is an in-depth exploration of the rising U.S. national debt and its projected impact on federal budgets and key social programs.
The Congressional Budget Office (CBO) projects an alarming surge in interest payments, from $663 billion in 2023 to $1.4 trillion in 2033. The video highlights the startling reality that the federal government already spends more on interest than on veterans’ benefits, transportation, and education.
Over the coming years, this interest expenditure is set to surpass major healthcare programs, defense, non-defense discretionary funds, and even the total portion of the federal budget allocated to children.
Join Ed and I as we discuss these implications and potential solutions - spoiler, there are none!
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North Korea fires a Hwasong-18 intercontinental ballistic missile towards Japan (again)
North Korea has reportedly launched a suspected intercontinental ballistic missile (ICBM), according to Japanese and South Korean officials. Japan's Defense Ministry detailed that the missile was launched from North Korea's interior, reaching a record flight duration of 74 minutes and covering a distance of around 1,000 kilometers before splashing down outside of Japan's exclusive economic zone.
This provocative act comes in response to perceived US spy plane incursions, escalating security concerns across the region. The ICBM, which Pyongyang describes as its "most powerful," continues to be tested despite intensified joint military drills by the US and South Korea.
The South Korean and US officials convened an immediate meeting post-launch, underlining their "strengthened" joint defense and condemning North Korea's actions as a "grave provocative act" violating UN Security Council resolutions.
The launch is viewed as a sign of North Korea prioritizing weapons over its citizens' well-being, triggering the South Korean President to call an emergency meeting from the NATO summit in Lithuania. Amid escalating tensions, experts warn that North Korea may showcase its latest military hardware in late July, during the celebration of the Korean War armistice.
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NATO Membership Denied [for now] for UKRAINE - Is this a Win for the Kremlin?
The historic NATO Summit in Vilnius concluded on July 12, 2023, with significant strides made towards the future of the Alliance under the leadership of Secretary General Jens Stoltenberg. Major resolutions include the most detailed defense plans since the Cold War, a renewed commitment to defense investment, and strengthening global partnerships.
A new chapter in NATO-Ukraine relations was established, with an inaugural meeting of the NATO-Ukraine Council chaired by Mr. Stoltenberg, and attended by Ukrainian President Volodymyr Zelenskyy. Agreements were reached to aid Ukraine's transition to NATO standards and equipment, and the path was cleared for Ukraine's future NATO membership.
Mr. Stoltenberg also stressed the importance of global coordination against challenges posed by Beijing and Moscow, and expressed gratitude to the hosts of the Summit. The next NATO Summit is scheduled for 2024 in Washington, D.C. #NATOSummit #NATO-Ukraine #GlobalPartnerships
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20
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