Rethinking the Dollar

The Evergrande crisis is spreading and slowing the Chinese economy sharply. The thirty-day grace period ends this week and if the bills aren't paid then the actual default starts. It will not be a one-off event. More companies are set to follow. 

The sports media is focusing on Kyrie Irving for not taking the vaccine . Brandon Goodwin's basketball season has ended because of the vaccine. 

Michael Snyder, author, and blogger joined us on RTD Q&A to talk about his latest book, "7 Year Apocalypse". He elaborated on his biblical perspective of the signs of the time surrounding the events within our monetary, political and financial system. 

Janet Yellen reiterated her personal support of getting rid of the debt limit.  She insisted it's ultimately up to Congress to act. Once the debt load is unleashed the currency debasement will accelerate.  

Payrolls Huge Miss: Just 194K Jobs Added In September, Even As Unemployment Rate Tumbles, Wages Rise... Senate votes to raise US debt limit until December. 

During the Biden meeting with the CEO and business leaders , he asked a simple question. "What happens during a Defcon1 10 moment?" Citi Bank CEO described a chance of events that would destroy the American public. 

An alleged ' Whistleblower' from Facebook told members of Congress Tuesday that the company knows that its platform spreads misinformation and content that harms children. Her suggestion on how to stop it is to crack down on internet companies with 'new regulation'.  This regulation would attack free speech and hinder the truth from circulating. 

The # PandoraPapers reveal the inner workings of a shadow #economy that benefits the #wealthy and well-connected at the expense of everyone else.

Facebook down : Over 1 billion users affected by massive outage amid 'data breach' The hacking could lead to another increase in the number of spam calls or worse...

Fed Chairman Jerome Powell has dialed back on his statement of inflation is transitory . The supply chain is clogged and the experimentation inside this plan-demic isn't as successful as the Government wants. Greater consumer prices are coming....

The Treasury now estimates that the "drop dead date", i.e., the date at which the Treasury will exhaust all of its extraordinary measures if Congress has not acted to raise or suspend the debt limit, will be October 18 . Will they kick the can down the road or let the house of cards burn down?

Two Federal Reserve presidents announce an early retiremen t following the public acknowledgment of their issues over questionable investment portfolio activity. 

On July 28, 2021, a new bill was introduced in the US House of Representatives. This bill, sponsored by Congressman Don Beyer,) aims to regulate crypto-currencies. But it does more…  The bill is called the “ Digital Asset Market Structure and Investor Protection Act” 2) (“Digital Asset Bill”). And for the majority, it sets out future rules for crypto. However, hidden in this bill, changes to...

Mark Zandi, chief economist at Moody’s Analytics, found that a prolonged impasse over the debt ceiling would cost the U.S. economy up to 6 million jobs, wipe out as much as $ 15 trillion in household wealth, and send the unemployment rate surging to roughly 9 percent from around 5 percent.

The Global insolvency spillover from the Evergrande crisi s is just starting. The Federal Reserve makes things worst by aiming to cut back on accommodative policies at the same time the world needs dollars. There's no way of ever repaying the principle on debt, just buying time paying on the interest.

Today on the M&M show we touched on the metals manipulation and the intentional geopolitical distractions between the US/China. What are they trying to distract us from?

Biden's economic agenda proposes higher taxes while giving financial handouts to the working class. More Taxes and Gov't Handouts Don't Help

China's 2nd largest r eal estate developer just defaulted. Debt crossed $600B USD. Lehman was liquidated for $600B, also owned by many international banks. Ripple effect soon to come.

The Global Debt Trend Continues As The World Approaches $300 Trillion. China's Evergrande is having a debt issue that will shock the world. At the same time, Biden is looking to add $3.5 Trillion to the National Debt. The common factor in the destruction of the financial system is "DEBT". 

Pretender Joe Biden on Thursday imposed stringent new tyrannical rules on unvaxxinated federal workers, large employers, and health care staff in a sweeping attempt to push the New World Order agenda before winter. 

Afghan Evacuees Are Being Treated Better Than The Homeless In the USA! The State Department is looking to provide each Afghan evacuee as much as $2,275 for each evacuee as the relocation effort unfolds in communities across the country over the next few months, according to a department official. The money is to be used for housing, food, other necessities and enrolling children in school.

Just days after Evergrande’s bonds hit new all-time lows after “ China’s Lehman” warned that the company with over $300 billion in debt and which many views as systematically important for China, the selloff accelerated further following news of a mini bank run as i) several key creditors demand immediate repayment and ii) as Evergrande bonds are no longer accepted as collateral.

Gold, Silver & Crypto Gains After U.S. Jobs Data Comes in Well Below Estimates. Job creation for August was a huge disappointment, with the economy adding just 235,000 positions, the Labor Department reported Friday.

The Globalists Are Use Climate To Reck Havoc On The World . From Lousiana to NYC the damage will end up in the billions. Insurance companies and financial institutions will not be paying out and the Government will be on the hook to step in and help. 

The #RetirementCrisis has now been escalated with the announcement of the #SocialSecurity Fund drying up by 2031 or sooner. This will be one more reason the Government will look to use a #UniversalBasicIncome for all as a way of minimizing the financial pain ahead. In my opinion, we should expect it before 2025.