Global Economic Collapse: 2nd Qtr Financial Update, Pt. 1

As of now, mid-2025, global debt has reached 324 trillion, well in excess of the ability of national governments to repay that debt. Global derivatives, which are essentially bets on what commodities will be worth in the future are now valued at 2 quadrillion, many times the actual value of global assets. And just as happened prior to the 2008 commercial paper crisis, which led to a worldwide recession, banks, including those in Canada, are highly overleveraged with CMHC backing mortgages well in excess of what the government could actually cover.

In short, it’s an economic house of cards. And it is on the verge of collapse.

In this, Part 1 of this 3 part quarterly update, my team of financial experts joins me to paint a comprehensive picture of how we got here.

Bryce Wade, who focuses on the geopolitical big picture, Adrian Spitters, a personal financial consultant and best-selling author who correctly predicted the dot com crash and the crash of 2008, and Warren Keane, of New World Precious Metals, who closely follows the precious metals market.

All signs show that we are on the brink of a global economic collapse.

But as with all financial disasters in history, those who understand what is happening, and take the correct steps to prepare, will not only survive, but profit, while others lose everything.

LINKS:

Buy precious metals at wholesale prices right here in Canada. https://info.newworldpm.com/154.html

Get Sound Financial Advice: [email protected]

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