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Eric Astier
World Affairs In Context
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Comments by "Eric Astier" (@ericastier1646) on "🚨 WARNING: Banks Are Preparing for an Imminent Banking Crisis as Property Foreclosures Soar" video.
@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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@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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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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@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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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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@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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