Fed officials just warned that things are going to get much worse!
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Thank you for being a part of my channel. I am an investor that also works in the finance industry. I also am a news-hound and love keeping updated on the latest economic, financial, and business news. Economic ‘boom and bust’ cycles are very fascinating to me so and I have had some very good luck in the stock market, precious metals and investing in real estate, therefore, I have decided to share my research, knowledge, news digging, and analysis with the world via this channel.
This channel contains news and analysis that often includes ‘one mans opinion’. The information conveyed should never be taken as investment advice. Everyone should do their own due diligence and research before making investment and money decisions….(read more)
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In what seems like a scene straight out of a doomsday movie, Federal officials are warning that things are going to get worse. The world’s biggest bank has been attacked, and experts are predicting an economic collapse.
The warning comes amid growing concerns about the stability of the global economy. The recent cyber attack on the world’s largest bank has raised alarm bells among financial regulators and policymakers, who fear that the attack could have serious repercussions for the global financial system.
The attack on the bank, which has not been named, is a stark reminder of the vulnerability of the world’s financial infrastructure. In an age where digital technology is king, the threat of cyber attacks on banks and other financial institutions is a very real and potent one.
The implications of such an attack are dire. A successful cyber attack on a major financial institution could disrupt the global financial system, leading to widespread panic and a collapse of confidence in the banking system. The repercussions of such a collapse would be devastating, with businesses and individuals potentially losing access to their funds and the global economy grinding to a halt.
But the cyber attack is just one piece of the puzzle. The warning from Federal officials also underscores the broader economic challenges facing the world. The continued spread of the COVID-19 pandemic, coupled with geopolitical tensions and supply chain disruptions, have cast a dark shadow over the global economy.
The warning from Federal officials is a sobering reminder that the worst may be yet to come. As the world grapples with the ongoing pandemic and its economic fallout, the fragility of the financial system is becoming increasingly apparent.
In the face of these dire warnings, policymakers and financial regulators must take proactive steps to shore up the resilience of the global financial system. This will require a coordinated effort to strengthen cybersecurity measures and ensure that financial institutions are well-equipped to fend off cyber attacks.
But it’s not just about cybersecurity. It’s also about addressing the broader economic challenges facing the world. Policymakers must work to address the root causes of the economic instability, including the impact of the COVID-19 pandemic and the need for greater economic resilience.
The warning from Federal officials is a wake-up call to the world. The threat of a global economic collapse is very real, and it’s imperative that swift action is taken to bolster the resilience of the financial system and address the broader economic challenges facing the world. The stakes couldn’t be higher, and the time to act is now.
Honestly I look at it as tinfoil it's definitely good information but to be honest all your videos are about negative news. We need more videos on ideas to help get prepared for what's the come. Looks like we have on a soft landing recession coming soon as 1st quarter 2024
Good news!!!! JESUS!!!! John 3:16
DOOM n GLOOM! Nobody is buying your "the sky is falling" bullcrap anymore!
Deflation is coming like it or not.
I just quit a part-time job in assisted living. I was working 36 hours a week, when I only wanted to work 24 maximum. Plus, they just announced that the facility is having serious financial problems, and will need to "do more with less staff"!! No way I'm sticking around for that!!!
Thanks for reporting the TRUTH!!!
People need to hear it, even though many don't listen!!!
J.J., if people are in dire financial debt and yet there are heavy staff shortages, this would only make sense. If people refuse to work and are having trouble paying their bills', then I cannot feel bad for them.
Is this what's actually taking place?
You said "It's All over in 10 Days" That was over 30 days ago. So wtf? Nothing happened.
Love your channel!
It is not you being negative when you report negative facts.
You would be doing a disservice to come on your channel and tell us everything is fine when it is not.
Keep telling the truth, no matter how indigestible the truth is to some viewers!
Credit cards at 1.3 trillion dollars
I don’t think you’re a depressing guy. I think you’ve put yourself in a position where you don’t need to worry like most of the world and man that really makes a huge difference doesn’t it -so I get it I totally get it if you’re able to pay your bills have food have shelter have heat in my case cause I live in the Northeast and have money put away in case you need it you’re living the dream and that makes the whole world different when you’re not stressed out wondering how you’re gonna pay your bills..
I submit to you this financial system collapse is an end to a mean’s the Ponzi scheme is over at the profits of probably really in the sum of hundreds of trillions of dollars and it’s why they think that working people are stupid cattle and deserve to be impoverished and killed. Seriously and they are going to claim austerity is the answer to the question of the huge debt crisis and national debt and they will strip the people of their social security and any benefits they have coming and act like they are not the problem
The fed needs to do more, ….more fucking over the people, !!!!!!!!!!!
The Fed created it all
Deflation is when it Cost money to produce than what you can sell it for, widget cost $1.00 to produce and you sell it for.75 cents, that’s a losing proposition.
You seem very cheery to me… Rome is burning and you state what is. ❤
US treasury sell off will take down all fiat currencies. Armageddon. Deflation is bad when debt is so high. The can has been kicked to the end of the road and at the end of the road is a cliff.
No I disagree with you when you talk about the deflation is bad because I have a business and if I have to start lowering my prices with all the debt that I took on I can't even pay my debt off so in the end of the day deflation only helps the consumer it doesn't help businesses that took on all the debt to even open
Thanks for sharing the truth.
I hear too many YouTubers say that they hope what they’re saying doesn’t come true.
I hope it comes true. It needs to come true to get prices back down to a realistic level.
There will be a lot of pain in the process but it’s time for major changes in our fake overinflated economy.
That will likely cause a lot of pain and devastation for folks who did nothing to prepare.
Bring it on.
I pretty much quit warning people about what’s likely coming over the next couple years.
People who have their in the sand living in denial will get what they deserve
It’s not the rate hikes that will collapse the economy but the fed is signaling that they have lost control. They can’t stop anyone who wants to sell bonds and on Friday there was probably a no bid in china for us 30 year bonds…there was no hack
I watch a lot of YouTube and most of them have a sponsor. Why don't you have a sponsor?
Road rage is also caused by illegal drugs and too much alcohol. Working too many hours often means tired drivers coming home late.
Still people at stores big traffic here in Burnank and la people still expending !!!!