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Eric Astier
World Affairs In Context
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Comments by "Eric Astier" (@ericastier1646) on "World Affairs In Context" channel.
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@wlonsdale1 flawed reasoning. Even if the economy crashes and 90% of food producers stop doing business, quantity wise it will still be enough food to feed the population, just don't ask for choice in what you eat. As far as food prices again your dollar will be worthless but not precious metals.
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THUCK Jp Morgan they supported the printing of +200% paper money in 2020 that caused the inflation and mocked the street investors on Finance website who said the deep state is again bailing itself out and the people will pay for it with a huge inflation coming up. In an article written by JP Morgan and Golman Sach they arrogantly mocked that prediction and it of course has come to pass. Now they want to give more lessons ? Throw them in jail or worse.
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@Hunter-zp5hd If you paid attention the market always reaches new highs a year or so before major market crashes. Happened in 1929 and in 2008.
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He is a jouster (well not exactly that word), what do you expect.
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What a gentle beauty, it's easy to see why Wolff likes being a guest of her channel.
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The strength of the dollar was purely based on hegemonic reserve currency and printing paper money to give the USa infinite wealth which other countries have to redeem with real wealth and work thus being stolen by the USa. I have lived decades in Usa and i can judge its economy true value is no higher than any European country and far more lagging back in infrastructure, modernity. Usa's world power had nothing to do with the real economy it's a big ponzi scheme run by the federal bank and by focusing on military weapons. I would rate american living standards BELOW most European countries and thus the dollar should be lower in value than the Euro. But in fact it's not even worth that, it's worth ZERO because of the national debt.
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Everybody should know the FED is in fact not a governmental institution by a privately owned company and the board of directors its main shareholders are (no surprise) all the major US banks which are in Jewish hands. All Americans should be made aware of this nepotism. Private interest of a small group controls the most important function in the government. The FED run by a mostly Jewish leadership pay the salaries of the government and the US Army. This is how insanely wrong this system is.
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Such dishonest hiding denial from that Bernstein. The reason the Usa government wants to borrow dollars from other countries and from USa corporations is because it's a Ponzi scheme that enforces the dollar as the world reserve currency which makes printing the dollar by the USa reserve bank free money for USa bankers (and the US government). It is no different than selling snake oil (it was thought in the old West frontier that snake use some kind of oil to slipper on the floor but in fact there is no such thing). When he says the USa will never default on its debt, he means the fraudulent USa reserve bank could print tomorrow the equivalent of the US debt and give it to all its creditors and have 0 debt. But of course that is the equivalent of bailing out banks by quantitative easing. It means devaluing (actually crashing) the value of the dollar from the dilution thus cheating all creditors which will receive worthless dollar bills in return. A worthless currency can no longer be a safe harbor reserve currency and that would mean the end of the dollar and nobody would buy bonds anymore and people suddenly would be in a hyperinflation where a loaf or bread would cost more than a tank full of fuel. This would be the end of the USa economy under a fiat floating currency system that is eating its butter and selling it at the same time (fraudulous). So yes the USA would pay off its debt but the consequences would be the same as defaulting,. It would erase the dollar from the world stage instantly and cause an economy crash the same as defaulting anyway. If you don't see how the dollar crash would happen in that scenario, just think that suddently the quantity of dollars in circulation in the world is multiplied by four from printing it at the reserve bank. This means the supply and demand for dollars would tip to over supplied and cause price of everything in dollar to jump to hyperinflation. Essentially cutting the buying power of the dollar by four. From there countries will drop the dollar (dollar run) for safer currencies like the Russian Rubble and the dollar will crash even further loosing 10x , 100x its value. The closer to that situation the USa government gets, it has nothing more to loose and can trigger world war to redeal the cards which is exactly why it's doing wars by proxy against the major growing economies. When the dollar will crash, it may well initiate a nuclear attack just to bring the world down with itself. That's exactly why the US military budget is growing inverse proportional to the debt.
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US BANKS = CHEWS = KROOKS = PARISITES ( all typo intentional to stop the accomplice social media control)
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Exactly and Goldman & Sachs and Morgan Stanley mocked and insulted retail investors on Yahoo Finance in April 2020 when the FED started bailing out banks with corporate loans defaults and printed over half of the money in circulation now. Retail investors blew the whistle for irresponsible action by the FED that will cause massive inflation in the next decade starting in 2021. The above banks mocked retail investors in an article "no inflation will happen". Also FED or G&S or MS they're all the same people (major share holder of the FED which is a private institution supposedly serving a national service, which is a blatant hypocrisy.
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Powel like all his predecessors in the privately held Federal reserve is a Jay and so are all the shareholders of the privately held Federal reserve that is the base of the profound state scrwing not only the US government but all americans for their power and sole profit exclusively. History gave the solution to this problem even before the modern industrial revolution, already in the 15th century.
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@nadinelouis6210 nothing. Be more concerned with your deposits.
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There are other solution to renting properties but it would take easy money from banktsters
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no he's not. His was part of the establishment who lead us in this situation. Now he changed his side when the ship is sinking.
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In shorter it's a bubble that goes pschit.
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@Avtr44 Russia. And i am not joking. Check westerners vlogs in Russia who have been installed in Russia for a years. They cannot lie over 30 videos with all the visual evidence.
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@robmcnaughton6918 They're completely conspiring. That is the correct answer. They've hijacked the country and rule by hiding and keeping silence on what looks negative for them.
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@Skidderoperator No, the cause is always greed and keeping their riches and priviledges the consequences are always on the innocent masses. Someone has to pay for their illicit money printing machine and it's not going to be them unless they hang,
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Nobody talks about why the commercial real estate is empty. Here's why, the CRE rent scam paradigm has ended with Covid. New companies and all small older ones no longer want to pay rent to do business especially with the internet connectivity. All those parasites leaving off money to make money are eating the dust. The model needs to change to ownership.
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You mean food producing farms. Food itself goes bad.
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@brentbarnett9224 exactly, unless you buy with gold that you convert now you won't have any buying power to buy a house when the economy crashes and the bank will ask you 20% interest mortgage after they bailed in your money that is no longer yours.
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@hughbarr8408 I am an engineer too, your two comments were appreciated and agreed with me. Your prediction about banks bail-in, a nasty turn looks very much like what the FED miscreants would do after they run out of options especially if spurred by the coming Shanghai BRICS alliance meeting this oct on a digital BRICS currency. But i am not as prepared as you seemed to be, especially regarding deposits. What should one do with it move it into solid assets, gold, buy prime land abroad, .. ? I loved your word "proper" job when comparing our jobs to bankers.
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