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FED WARNS: RECESSION AHEAD! - From Inflation To Banks Collapsing & The NEW CBDC Agenda!
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Josh Sigurdson talks with Mark Gonzales about the latest warning by the Federal Reserve which usually avoids making really negative claims about the economy as they say recession is ahead.
Fed chair Jerome Powell claims rates will go up alongside Inflation and there will be a shock to the system. When considering this warning, it's almost important to realize the United States just hit 37 trillion dollars in debt and Trump is now spending trillions on his latest bills including $1 trillion alone on the military budget which is the largest in history.
The World Bank is also warning of a major economic collapse.
It's convenient that simultaneously, 63 central banks are implementing Basel 3 which forces bail-ins to "rescue" failing banks. That means they can take your money out of your account and run. The FDIC is bankrupt so that won't help either.
The CBDC is being launched in the European Union by October at the latest according to the ECB and on top of the digital IDs being launched this year, the STABLE Act and GENIUS Act have been launched in the US, essentially creating a KYC based CBDC in the United States as well.
According to an IMF paper CBDCs will allow police to collect, store personal data for the surveillance state.
AI is taking over via legislation right now just as wars are declared and employment plummets with automation. This is not a coincidence. This is the reset and everyone must get prepared immediately.
Stay tuned for more from WAM!
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