Rethinking the Dollar

Nigeria’s central bank slashed the daily withdrawal limit from automatic teller machines in a bid to boost the usage of the eNaira in Africa’s most-populous nation.   All of this is part of a plan by the elite to get rid of cash and replace it with digital currencies controlled by the central bank. Then your savings will be sent to a digital slaughterhouse where they will be frozen, seiz...

Inflation is wreaking havoc on people's finances. According to Vanguard, a record number of Americans are converting their 401(k) accounts into emergency piggy banks in the face of persistently high inflation.   Thanks for watching this RTD Live Talk. Subscribe & click the 🔔 icon to be notified of future video uploads. Join us for the next live on-air, and bring a topic.    ✅...

Investors are buying up gold and silver in droves because there are more conflicts around the world and more pressure on the financial markets. Central Banks' experiment with making money tighter has put the world on edge, and if the Federal Reserve changes its mind, it could set off a gold market boom. Today, Bryan Slusarchuk, CEO of Zacatecas Silver, joins RTD to talk about his company's project...

Today on RTD Live Talk we touched on how the Australian Tax Office (ATO) is making so-called #DirectorIDs mandatory for every person covered by the corporation's act by November 30. #ElonMusk reinstates 62k suspended accounts which will be used by the Gov't to attack free speech. Lastly, #Ghana is in talks with Dubai Oil refiner to barter Gold for fuel.   Thanks for watching this RTD Live Tal...

The #Protesters who were upset by #China's strict anti-virus rules called for the country's powerful leader to step down. This was a first-of-its-kind rebuke, and it came as police in at least eight cities struggled to stop protests that were a rare direct challenge to the ruling Communist Party (#CCP).  Is this sudden outbreak in China a US-led psyop or is it the outcry of pissed-off people...

Indications of the coming economic pain for Mainstreet can be seen in Elon Musk's recent acquisition of Twitter. The days of having large companies and easy credit are being felt after the initial round of layoffs across the country. As we go into 2023 the damages from the real recession won't' be felt for another six to eight months, according to Lior Gantz.    Don't forget to click the...

A contagion of #counterpartyrisk from #FTX is spilling over into the established financial system. As more cryptocurrency exchanges report losses, there is a growing body of evidence suggesting that the big banks on #Wallstreet may also be impacted.   Thanks for watching the Mike & Mario Show. Subscribe & click the 🔔 icon to be notified of future video uploads. Join us for the next l...

The Federal Reserve is launching a pilot program of the new central bank digital currency, and it's no coincidence that this is happening as FTX collapses.  The New York Fed's Innovation Center is leading this program, and BNY Mellon, Citi, U.S. Bank, and Wells Fargo are piloting it. All are working on a 12-week digital dollar pilot.  Financial regulators aren't rushing to regulate crypt...

Crypto Industry Feels Aftershocks of FTX Implosion. After the collapse of #crypto business FTX last week, Binance, Crypto.com, and others are hurrying to ward off #panic by proving they are not constructed on similarly fragile foundations or indulging in possible fraudulent misconduct. Investors are fleeing #digitalassets.   Thanks for watching this RTD Live Talk. Subscribe & click the 🔔...

Mark Zuckerberg confirms #Meta will start laying off workers TOMORROW in a meeting with hundreds of execs with stocks falling 70% this year. #Crypto exchange Binance to acquire competitor #FTX, in a duel for digital asset market.    Thanks for watching this RTD Live Talk. Subscribe & click the 🔔 icon to be notified of future video uploads. Join us for the next live on-air, and bring...

As #India's #silver consumption is expected to rise to a RECORD, it is becoming a major force in getting rid of the world's silver warehouse stocks. Unknown sovereign #gold buyers are buying RECORD amounts of gold. The east is laughing while the west is ignoring the shift out of currencies and into metals.   Thanks for watching the Mike & Mario Show. Subscribe & click the 🔔 icon to b...

In the early fourth quarter, Wells Fargo had around 18,000 loans in its retail loan origination pipeline, according to sources. People stated that was down 90% from a year ago when the stimulus-injected pandemic housing bubble was in full force. If there's no one borrowing, the banks can't lend and there will be no housing market. Is this the end of the housing bubble?   Thanks for watching t...

The Pentagon confirms US troops are alleged to be conducting "inspections" of US weapon depots. Now that there are US troops in Ukraine it could be viewed as an act of war against Russia. This could lead to a planned staged event in the region and push the world closer to a world conflict. If there's bloodshed by any foreign troops it could be used as an excuse to attack Russia directly.  &nb...

The FOMC and the Midterms are the centers of attention. Is there going to be a shock? A new CBS News Battleground Tracker/YouGov poll has found that a whopping 79 percent of Americans believe the country is “out of control” ahead of the mid-term elections.    Thanks for watching this RTD Live Talk. Subscribe & click the 🔔 icon to be notified of future video uploads. Join us for the...

Is this a distraction or a disruption of the economic order? The media pushes Ye during a time of global turmoil and monetary chaos. Why now and why Ye? Share your thoughts in the comment section.    Thanks for watching this RTD Live Talk. Subscribe & click the 🔔 icon to be notified of future video uploads. Join us for the next live on-air, and bring a topic.    ✅ The 4Pa...

In order to put the blame on #Russia and support a US/NATO escalation into WWIII, it has reportedly been reported that a dirty bomb has been planted in #Ukraine and is about to be donated by Ukrainian forces. Sergei Shoigu, the defense minister of Russia, has reportedly been calling the leaders of western countries to alert them to this #falseflag plot.  Thanks for watching this RTD Live Talk...

Today, WSJ Fed whisperer Nick Timiraos wrote that while 75bps is a done deal for the November meeting, the FOMC discussion will be a "critical staging ground" for a lower December 50bps hike instead. Timiraos' report is a distraction to calm the market jitters right in time for Midterms.   Thanks for watching the Mike & Mario Show. Subscribe & click the 🔔 icon to be notified of...

The average person’s 401(k) has lost some $34,000 in value since the start of the year, new economic research found. The average #401k had more than $135,000 at the start of this year, those assets have since shrunk on average to about $101,000. That is about a 25% decline.  According to the Federal Reserve, U.S. defined-benefit #pensionplans have (and owe) a total of about $17 trillion. The...

The UK LDI industry is the first casualty of the end of the ‘money for nothing’ era.  The so-called liability-driven investments are a form of financial engineering that involve derivatives and allow defined benefit pension schemes to jack up leverage and juice returns. The UK Pension Crisis is just the start.   The spillover of worthless debt and insolvent pension schemes will hit...

After weeks of financial market #turmoil, British Prime Minister Liz #Truss fired her Treasury chief and reversed tax cuts Friday to save her job.  Truss said she was keeping a corporation tax increase she previously said she would cut to "reassure the markets of our fiscal discipline" at a hastily arranged news conference. Truss replaced Treasury chief #KwasiKwarteng with ex-Cabinet minister...

As the world economy crashes, today was one of the craziest days on the financial markets. The markets went up and down wildly. Top analysts and investors are shocked by the wild swings in the market, which show that this is not a real market but a casino with the odds stacked against you.   Thanks for watching this RTD Live Talk. Subscribe & click the 🔔 icon to be notified of future vid...

IMF says the risk to financial stability is getting close to a crisis level. As the global economy deals with too much debt and rising costs of capital, the chances of the world financial system breaking down have been increased to levels only seen during past crises. The need for more "orderly debt restructuring" to get low-income countries on a more sustainable path is made clear because debt le...

The dependence on bailouts has become a supermassive black hole as the demand for continuous debt exposes the insolvency of banks and the private sector. Today, Shaun Richards joins us to share his thoughts and analysis of how Central Banks worldwide will ultimately fail in fighting inflation and keeping confidence in their economies. He gives a deep dive into the UK pension crisis and why it all...

The Globalists sabotaged the Nordstream pipeline and attacked the Crimea bridge to worsen relations with Russia. This was done to distract from the west's collapse. As the UK returns to quantitative easing (QE), the EU fails, and the US prepares for elections, what better way to distract people from the economy than by expanding the war?  Thanks for watching this RTD Live Talk. Subscribe &amp...

Today, silver made a huge splash by going up by more than 9 percent and reaching its highest price in six weeks. After #CreditSuisse stock hit a new low on Monday, investors became increasingly concerned that the bank could be experiencing a "#LehmanBrothers2 moment," despite reassurances from industry experts that Credit Suisse is too big to fail.   Thanks for watching this RTD Live Talk. Su...