No Escape from Massive Global Debt Monetization – Michael Pento — Greg Hunter’s USAWatchdog – January 5, 2020

Michael Pento

By Greg Hunter’s USAWatchdog.com (Early Sunday Release)

Money manager Michael Pento says forget about the sky high stock market because everything is being propped up with massive global money printing. Pento explains, “Let’s look at the facts. Global debt has now risen above $250 trillion. Let that sink in for a second, and it is a record percentage, 330% of GDP. So, we have never seen debt like this before in nominal terms. Even as a percentage of the phony GDP that is engendered by free money, it is at a record. So, the central bankers have realized that they are trapped. There is no escape from global massive debt monetization. . . . We have China, Japan, Europe . . . and even our Federal Reserve is back in QE. We have a standing repo facility. We could only raise rates to 1.5%, and we are headed back to 0%. So, the only way this massive pile of debt is able to be serviced, even on the margins, is when money is free and central banks continually debase currency.” →

Read more & video: “Michael Pento – Reset Will be Money Printing & Debt Default” (31:39) via — Greg Hunter’s USAWatchdog

Fed Out of Bailout Bullets – Rick Ackerman — Greg Hunter’s USAWatchdog – December 1, 2019

Rick Ackerman

By Greg Hunter’s USAWatchdog.com (Early Sunday Release)

Financial writer and professional trader Rick Ackerman says don’t expect a replay of the 2008-2009 financial crisis where the Federal Reserve bailed out almost everything in sight. Ackerman explains, “It ended up Lehman Brothers went under, and they needed a couple of sacrificial lambs, along with Bear Stearns. It could have just as easily been, and it might be the next time, Goldman Sachs. So, in that way, the Fed is kind of out of bailout bullets. We’ve already been through a bailout where it took a big hunk of the financial system. Each one takes more bailing out to get to that critical threshold of credibility where the bailout itself works.” →

Read more & video: “Rick Ackerman – Mad Max Scenario Inevitable” (40:48) via -Greg Hunter’s USAWatchdog

(Video) X22 Report: Define Psychological Projection, Something Big Is About To Happen – Episode 1918 — July 16, 2019

(X22Report.com)

Global debt has hit 246 trillion which is 320% of GDP. The [CB] is collapsing under its own wait. Debt is not the answer, the [CB] is not the answer which is based on debt. Debt does not help the people, it smothers the people’s ability to succeed. Christine LaGarde resigns from the IMF in the hopes that she gets the job at the ECB. [CB] changing of the guard, partriots move coming soon.

Read more & video: via Define Psychological Projection, Something Big Is About To Happen – Episode 1918 —

Greg Hunter’s Weekly News Wrap-up 1-11-19

Published on Jan 10, 2019

Russia shifts from USD to Yuan, Debt Reset has begun, All the kings horses and all the kings men cannot stop the debt reset process! Every country in the world has a big pile of steaming debt that is not going to get paid back.

USAWatchdog.com

Operation Disclosure

The Monetary System is Collapsing — May 17, 2018

Lack of logical foundation President Richard M. Nixon announced on August 15, 1971, that the U.S. would no longer officially exchange dollars for gold and many are still referring to that decision as one of the biggest mistakes ever. Nixon, for one, thought gold-price stability was bogus. It has since become clear why he went…Read more & video

via The Monetary System is Collapsing — Era of Light