The Economic Truth Report Episode 29: The Global Debt Collapse, Is The Tower of Basel Coming Down?

In this video, John goes into the global all-debt bubble that is upon us caused by what he calls peak debt saturation.

He discusses how it may unfold and points out the many storm clouds surrounding the world economy.

He goes into the totalitarian tendencies that are developing in many Western nations due to the massive currency creation causing inflation, causing poverty and homelessness among the "Wealthiest" of the generations, the Baby Boomers.

He looks at and is trying to analyze current markets.

He talks about the ever-growing dangers of a prolonged war in Ukraine and a potential WWIII developing out of the current Proxy War in Ukraine.

He talks about the collapse in China and how it is most likely caused by a massive global demand collapse for goods produced in China due to a developing depression in Europe and North America, among other Western nation-states.

This and much more in this episode.

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Below are the articles from this video:

https://www.linkedin.com/posts/world-economic-forum_sdg9-sdim23-activity-7110789816698433536-Evj7/

https://edmontonjournal.com/news/politics/alberta-releases-pension-plan-report-seeks-53-of-cpps-assets-implementation-could-cost-billions

https://www.ctvnews.ca/business/is-a-no-tipping-policy-ready-to-be-adopted-by-canadian-restaurants-1.6572430

https://m.independent.ie/business/personal-finance/all-public-bodies-will-be-forced-to-accept-cash-payments-following-nct-backlash/a799066878.html

https://www.linkedin.com/posts/lawrence-rogak-853958b_when-the-wall-street-journal-dares-to-report-activity-7109705796363456512-cBxU/

https://winepressnews.com/2023/09/20/chicago-mayor-proposes-launching-city-owned-grocery-stores-as-walmart-whole-foods-leave-due-to-crime-and-lack-of-sales/

https://www.dailymail.co.uk/yourmoney/retirement/article-12540577/Even-millionaires-afraid-outlive-retirement-savings-experts-weigh-REALLY-retire-on.html

https://telegra.ph/Elon-Musks-Neuralink-Gets-Greenlight-To-Recruit-Humans-For-Brain-Chip-Trial-09-21

https://telegra.ph/After-Steamrolling-Credit-Suisse-AT1-Investors-UBS-Is-Selling-CoCo-Bonds-Of-Its-Own-09-19

https://www.linkedin.com/posts/rod-dubitsky-0aa94118_shorenstein-properties-defaults-on-350m-activity-7109695657120075777-sXYy/

https://www.cnbc.com/2023/09/18/central-banks-head-for-peak-rates-but-inflation-battle-is-not-over.html

https://twitter.com/KobeissiLetter/status/1703753743903138062

https://www.telegraph.co.uk/news/2023/09/13/people-injured-bereaved-covid-vaccines-fear-censor-inquiry/

https://www.vg.no/nyheter/utenriks/i/0QA3W0/stoere-om-krigen-i-ukraina-det-blir-langvarig

https://www.linkedin.com/posts/daniel-cash-61684623_debt-swaps-arranged-by-credit-suisse-bofa-activity-7109566040786825218-Iwmv/

https://taskandpurpose.com/news/marine-f-35-missing-pilot-ejet/

https://www.telegraph.co.uk/news/2023/09/15/sadiq-khan-green-london-net-zero-ulez-c40-mayors-2030/

https://asia.nikkei.com/Business/Finance/Global-corporate-interest-payment-burden-rises-to-record-125bn

https://www.wsj.com/business/the-u-s-lost-4-1-million-days-of-work-last-month-to-strikes-92c6a9f7

https://geopoliticaleconomy.com/2023/09/15/china-venezuela-us-maduro-oil/

https://www.wsj.com/economy/housing/why-more-baby-boomers-are-homeless-2d2b913b

https://twitter.com/liberalona/status/1703385496167043269

https://markets.businessinsider.com/news/bonds/us-debt-ray-dalio-bill-gross-jeffrey-gundlach-bond-market-2023-9

https://www.bloomberg.com/news/articles/2023-09-16/a-188-billion-exodus-shows-china-s-heft-fading-in-world-markets#xj4y7vzkg

https://www.bloomberg.com/news/articles/2023-09-15/el-erian-warns-of-massive-corporate-refinancing-next-year#xj4y7vzkg

https://telegra.ph/The-Middle-Class-Is-Increasingly-Becoming-The-Impoverished-Class-And-The-Poor-Are-Increasingly-Being-Pushed-Into-The-Streets-09-15

https://www.bis.org/press/p230914.htm