An Historic Economic Crash is About to Happen

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An Historic Economic Crash is About to Happen
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$1.2bn per hour

“….US debt adding around $28.5bn per day for 18 days in a row….or put a different way increasing that debt burden by $1.2bn per hour and likely to increase that total debt bill by around $1 trillion in around 6 weeks” (GS trading desk)

Bonds down 3 years in a row

Looks like it at least… The 10-Yr Treasury bond is down 5% this year, on pace for its 3rd consecutive annual decline. With data going back to 1928, that’s never happened before. The worst 3-year period for bonds prior to now was 1978-1980 w/ a 3% loss for the 10-Yr. What’s the 2021-23 decline? -26%. (Bilello)

So if oil now goes up due to the Middle East crisis, gold will follow. 

AS IF CLIMATE CHANGE, VACCINES, LOCKDOWNS, WOKENESS, STOLEN ELECTIONS, CBDC, DEBT etc WASN’T ENOUGH

As if all the above wasn’t bad enough, adding a Middle East war to this makes the crisis properly global and the step toward a Global or World War is very short even dangerously short. 

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