Greg’s position on Bitcoin
#federalreserve #economy #yieldcurve #Mannarino
System Will ‘Wipe Out’ Entire Class as Global Economy Spins Into Free Fall, Warns Greg Mannarino
517,580 views Jul 25, 2022
“I would argue that we’re way, way worse off than a recession here right now,” warns Greg Mannarino, founder of https://traderschoice.net/ and financial strategist. The yield curve is, “extremely inverted,” at this point and, “the global economy is in free-fall, it’s not going to stop,” he exclaims to our Daniela Cambone. “The system demands that debt be created, every day by every mechanism possible,” Mannarino explains as the government intends to, “exert more economic control on people.” He concludes that the Fed only has one tool in its arsenal, “and it’s how they can manipulate the debt… that’s it.”
#federalreserve #economy #yieldcurve
⭐️ Join Daniela Cambone’s exclusive community ➡️ https://danielacambone.com
➡️ Follow us on Facebook: https://www.facebook.com/StansberryRe…
➡️ Follow us on Twitter: https://twitter.com/stansberry
➡️ Follow us on Instagram: https://www.instagram.com/stansberry_…
➡️ Follow us on LinkedIn: https://www.linkedin.com/company/stan…
00:00 The Fed’s plan of raising the interest rate by 100 bps
4:25 Is inflation a hoax?
6:50 What is the Fed trying to achieve?
8:17 Where will the stock market go from here?
10:29 Have we begun a recession?
14:07 Debt-based economic model
17:34 How should investors protect themselves?
21:10 Why isn’t gold or silver higher?
23:15 Precious metals manipulation
25:34 Cash vs. precious metals allocation
27:40 Greg’s position on Bitcoin