Rethinking the Dollar

Now that the Bank of England is using QE to ease pressure on the debt market, we can see what other Central Banks will do in the future to stop the spread of the debt implosion around the world. We can learn a lot about how the UK debt crisis foreshadows the fate of the world by this week's past pivot and how the world was possibly days away from a systemic unraveling of the global economy.  ...

That's right, the Bank of England has pivoted. The UK pension meltdown is avoided for now but for how long? Due to the looming financial crisis caused by falling bond prices and increasing interest rates, the BOE launched a fresh quantitative easing scheme to create pounds and purchase gilts. The already record-high rate of inflation in the UK is expected to rapidly increase. Where will the next b...

The #UK is in the worst shape, but all countries are in the same boat. All #currencies are going down in value compared to the #dollar, but the dollar's ability to buy everyday things is going down as well. Today, Prof. John Hearn joins us to talk about the UK crisis, failed monetary policy, and what he thinks would be needed to fix the country's current economic problems.   Don't forget to c...

Stocks have been plunging today following additional interest rate rises, and the market is exhibiting symptoms of a mild Black Friday. Once the Federal Reserve follows the Bank of England and acknowledges the recession, it will be official.  Thanks for watching the Mike & Mario Show. Subscribe & click the 🔔 icon to be notified of future video uploads. Join us for the next live on ai...

If the Fed doesn't change course, it's likely that #Ford is treading close to #bankruptcy. Due to a profit warning, the price of Ford shares fell by more than 10% by the end of the day. To cover rising costs, it will cut production and raise prices. Where the Motor City goes, the rest of the country goes.   Thanks for watching this RTD Live Talk. Subscribe & click the 🔔 icon to be notifi...

President Biden declares that the pandemic is over weeks before the midterm elections. Biden made the statement during an interview with CBS' "60 Minutes," which was his first interview with a news organization in seven months.  Right before the midterm elections, the focus is moving from health to a failing economy. Everyone uses Hopeless Joe like a rag doll and doesn't take him seriously. &...

Putin praised "new centers of power" as US foes deepen SCO ties during a conference with Asian leaders, including Xi Jinping. #Putin addressed the Shanghai Cooperation Organization (#SCO) in ex-Soviet #Uzbekistan, "The role of new power centers that collaborate is developing."   Thanks for watching the Mike & Mario Show. Subscribe & click the 🔔 icon to be notified of future vide...

FedEx reduced its full-year projections and announced cost-cutting measures, citing lackluster worldwide cargo volume. Global volumes decreased as macroeconomic factors deteriorated, CEO of #FedEx Raj #Subramaniam stated. We're increasing cost-cutting measures notwithstanding this unsatisfactory result. Subramaniam claimed he predicts a "global #recession" on CNBC's Mad Money.   Tha...

Stock Market tremors lead to $1.6T shredded off the stock market in a single trading session. The CPI figures still show the Federal Reserve has a lot more tightening to do to tame inflation. That means expect more pain as the tremors intensify.    Thanks for watching this RTD News Update. Subscribe & click the 🔔 icon to be notified of future video uploads. Join us for the next live...

Pressure mounts on US Railroads as Business groups and the White House demand a resolution for their contract dispute before Friday's strike deadline. The chairman of the U.S. Chamber of Commerce called suspending train supplies of raw materials and completed goods an "economic disaster." A countrywide rail strike will freeze products, empty stores, close workplaces, and raise costs for consu...

The establishment media is peddling a model of government that has long since lost its relevance and importance. Every country that the Crown has colonized has been utterly ruined and plundered. Should the British Monarchy be done away with?   Watch the short clip of Slavery, Colonization & the Crown here: https://t.me/rethinkingthedollar/4461  Thanks for watching this RTD Live Talk....

Margin calls have been issued all throughout Europe because of the continued energy crisis and the resulting increase in prices.   To prevent a total collapse of the financial system, central banks have stepped in to help energy producers and utility firms cover their losses. We could be weeks away from a systemic meltdown of the derivatives nightmare.   Thanks for watching the Mike...

Russia delivers an energy ultimatum to Europe, saying that the Nord Stream 1 pipeline will not resume until the "collective West" lifts sanctions against Moscow over its invasion of Ukraine. The ultimatum comes after threats of an energy price cap on Russia moving forward within the EU. Energy has been halted until sanctions are removed or else.    Thanks for watching this RTD Live Talk....

As central banks work together to tighten monetary policy, the disconnect between rhetoric and reality is growing shorter by the day. The European Union is picking and choosing which failing countries to aid, the United Kingdom has hinted at yield curve control if necessary, and the Federal Reserve has admitted that the public will suffer.  Thanks for watching the Mike & Mario Show. Subsc...

According to the deputy PM, countries that support the Russian oil price caps will not get crude. Russia will embargo countries that support the Washington-proposed price cap on its oil. Europe and America will feel the pain of being cut off from the energy markets which hurts the consumers most.   Thanks for watching this RTD Live Talk. Subscribe & click the 🔔 icon to be notified o...

Europeans have been posting viral photos of outrageously high electricity bills amid the ongoing energy crisis. Pensioners and the working class were hit hard by the cost of living crisis. If you haven't experienced conditions like this you should be grateful.    Thanks for watching this RTD Live Talk. Subscribe & click the 🔔 icon to be notified of future video uploads. Join us for...

Europe is facing its worst global drought in 500 years, with two-thirds of the continent under a "warning" or "alert". There is a reason why droughts and floods are happening around the world right now. The Global Climate Agenda fits right in with the World Economic Forum's plan to privatize clean reliable drinking water and limit people's access to basic resources. Thanks for watching this RTD Li...

Major House price collapse by 20 percent or more may hit next year when the Government finally admits that we are in a recession. Property in some areas of the country is overvalued by as much as 72 percent said Mark Zandi, chief economist for Moody's Analytics.   Thanks for watching this RTD Live Talk. Subscribe & click the 🔔 icon to be notified of future video uploads. Join us for the...

The U.S. Department of Transportation has declared a regional energy emergency for Illinois, Indiana, Michigan, and Wisconsin after a fire shut down the BP oil refinery in Whiting, Ind., the largest in the Midwest. What a coincidence that we have another energy emergency right before harvest season. This energy emergency could be a trigger that drives the Fall gas price spike.  Thanks for wat...

Car Repos surge across the USA as this trend is expected to increase through to the end of 2023, and probably beyond. Subprime repossessions have been up 11 percent since 2020. More concerning, perhaps more unexpected is this: Barron reports that vehicle repossessions are also rising among customers with higher credit scores.    Thanks for watching this RTD Live Talk. Subscribe & cli...

A record number of people are late on their utility bills due to skyrocketing #energyprices . One in six American households, or nearly 20 million people, are overdue on their utility #payments . 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.    BullionMax is offering a...

On a scale from 0 to 10, Americans are asked how they feel about their lives in Gallup's Life Evaluation Index. 5.6% of Americans report "suffering," the highest percentage seen since 2008. We are only experiencing mere tremors of what a contracting debt system looks like. If conditions are this tight now what do you think the economy will look like when the system tanks?  Thanks for watching...

Treasury Secretary Janet #Yellen is preparing to transform the IRS for an overhaul of the U.S. tax collection system made possible by an $80 billion funding boost for the agency included in the Democrats #InflationReductionAct.   Expect a crackdown on the working class as Uncle Sam looks to drain the last #dollar out of all #Americans. When Ron Wyden (D-Ore.), the head of the Senate Finance C...

Russia proposes a new international standard for trading in precious metals: the Moscow World Standard (#MWS) which will become an alternative to the London Bullion Market Association (#LBMA) which systematically manipulates precious #metals markets to depress prices.  According to the Russian Finance Ministry, #preciousmetals prices will be fixed either in the national #currencies of key mem...

JPMorgan CEO Jamie #Dimon told wealthy clients there's a chance the US is heading into something worse than a #recession. #MichaelBurry, a contrarian investor, ditches his holdings before the SHTF. We are now in the calm before the storm, though not everyone is so lucky.   Thanks for watching this RTD Live Talk. Subscribe & click the 🔔 icon to be notified of future video uploads. Join us...