“Economy Is Going BUST…” – Michael Pento
Michael Pento discusses the role of central banks in exacerbating inflation and government debt through policies that inflate the money supply. He argues that the Federal Reserve’s actions, such as monetizing debt, are driven by the government’s unsustainable spending habits, which are not focused on the well-being of the public but on maintaining the government’s solvency. Pento emphasizes the fallacy of the “Fed put,” the misconception that the Federal Reserve can prevent economic downturns, and warns of an impending crisis if these policies continue.
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CREDIT:
Michael Pento Twitter
https://twitter.com/michaelpento
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15 Comments
Put it this way the democratic democracy of capitalism is crashing totaly. ❤😂😂
I think we are too obsessed about the economy crashing. In the right sense, the economy never crashes. It just undergoes cycles, and almost always recovers. So I really don't care what the predictions are. I just want to grow my portfolio. I read that people are pulling in massive profits despite the downturn. Any tips on how they do it?
its july. ur prediction is running out id time
An italian economist… we are in trouble.
Well cought😅😅😅
The vast majority of immigrants, with or without papers, are NOT violent. It's Trump propaganda to call these people "violent criminals".
He said “bit-con”. I don’t know financial stuff but crypto seems like a scam. Is it?
You might not be safe because of trusting in money too much, but Im safe because I dont. Its a matter of perspective isnt it?
I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good stock recommendation on great performing stocks will be appreciated*
Translation,…..NAFTA……KILLED THE USA…..BECAUSE THE ACTUAL WORKING POPULATION WERE GAINING POWER AND CONTROL…..THE BANKSTERS CAN'T HAVE THAT….
Mike needs to realize there are more home grown terrorists in the US than illegals.
. . . Revelation , not Revolution . . . We have been kept in the dark so long . . . Squint your eyes and wear Shungite between your shoulder blades . . . Like Edward Dowd does . . . Hunker Down . . . Ride your American mule where necessary . . . You', need not be so versatile . . . T/C/E . . .
Thank you for the informative video. As a new investor, it's important to realize that investing and trading require more than just technical analysis skills. Discipline and emotional maturity play a crucial role in success. It's wise to keep the phrase "time in the market vs. time out of the market" in mind, as this mindset can help you cope with market volatility. Thanks to Neil Lester's knowledge and my commitment to learning and growth, I was able to increase my profits in just a few weeks. Keep it up!
Thanks to multi regimes here in America we are dealing with this situation. Could Trump stop inflation? Yes…. Do what Nixon did and issue and order which would have dire consequences for price hiking. Will Trump do this? NO! Why? The oligarch friends of his will 'take care' of him. Meaning his bribes will be there for him. Whether Trump lapbitches like or not.
Most people don’t anticipate the social impact of a collapsing economy. You will be effected by desparate people that see you as a resource. Expect job loss, debt, economic hardship and mental illness (increased by stress) to increase violence and crime. A new book called Dealing with Burglary and Home Invasion Robbery may help. Invest in yourself, invest in knowledge and skill.