A looming financial crisis?
THE last week or so has seen a spate of reports in the ‘alt’ media on the continuing downturn in US finances. In summary: after a four-week consolidation, gold is rising sharply again; US treasuries interest rates are rising; S&P and Moody have downgraded the USA’s credit rating. The debt time bomb in the USA is very close to exploding. Japan, long thought to be the most at risk financial market, is likely to collapse first and if that happens, the USA will be next, as Mitch Feierstein warned in these pages on Saturday. We live in very troubled times.
The always gloomy Lena Petrova says the US economy is imploding, that traders see trouble ahead and interest rates are likely to go higher. There is a growing loss of confidence. China is selling off its treasuries, which is not a good sign. The downgrade of the USA’s credit rating is far more troubling than politicians will tell you, she opines.
Alasdair Macleod is also watching treasury bonds. Japan is in the greatest trouble, with the USA not far behind. The world financial crisis is drawing every closer, he says!
From the UK, an excellent interview by Godfrey Bloom with Alasdair Macleod – easy to understand, you don’t have to be an economic expert – on the financial crisis that comes ever closer to the UK.
More economic doom and gloom from Rafi Farber, who predicts problems for US economy in or around August when government debt has to be refinanced.
A less doom-laden report from the Epoch Times, however, on the good news of the declining US trade deficit and early forecasts, suggests that the US economy may experience a rebound in the second quarter – and that Trump’s hard-nosed trade negotiations are working.
Waste, fraud and omens
Elon Musk may have resigned just as his DOGE work comes under attack from the Deep State, but no one can deny the massive waste and fraud his department uncovered. Helena Glass comments here.
Alex Jones’s InfoWars homes in on fraud too. He reports how in the 76 days between Trump’s election and his taking office, $93billion was sent out without accountability – no invoices – to unnamed bank accounts from the US Government. Theft on a gigantic scale?
The European Central Bank is afraid of gold as much as they are afraid of Bitcoin, says Frank Holmes, CEO and Chief Investment Officer at US Global Investors. In an interview with Daniela Cambone, he explains that the European Central Bank’s (ECB) warnings about gold stem from a fear of losing control – much like their stance on Bitcoin. Both assets represent decentralized, portable forms of wealth that challenge centralized monetary authority. You can see more of what he has to say here:
Meanwhile, Germany’s economic woes continue. An association for bringing together companies linked to electric car production has filed for bankruptcy, the newspaper Die Welt has reported. The ‘struggling’ German Federal eMobility Association (BEM) has been assigned a provisional insolvency administrator by the Berlin-Charlottenburg insolvency court.
In the UK, Geoff Buys Cars reports record redundancies and a van sales slump – both signs of a recession arriving in the UK.
Cover ups, lies and denial
What the MSM failed to report properly on at the time (Joe Biden’s incapacity over his presidency), Tulsi Gabbard, ever formidable, is making up for now. Here she is talking about some of the latest declassified Biden documents, highlighting how close the US came to a police state under the Biden regime.
American Liberty News also report on new undercover video released by Project Veritas that has sparked fresh controversy over the inner workings of the Biden White House. It cites claims that First Lady Jill Biden‘s chief of staff, Anthony Bernal, held outsized and largely hidden influence over presidential affairs – the hidden force behind the scenes. More on the story here.
The UK’s incumbent Prime Minister, I fear, is no more honest with us than sleepy Joe Biden or Dr Jill. His proclivity for telling porkies is fast becoming his hallmark. Sean Walsh abhors us not let it drive us insane. Turn instead to George Galloway, not normally a politician we give oxygen to, but he has raised a question about Starmer that needs asking. Isn’t there something a bit odd about not one, but three, Ukrainian ‘male models’ arrested for setting fire to Starmer’s former house and car?
If Starmer is vulnerable to blackmail, then he is a liability to the country, Galloway asserts. Hard not to agree. Even if you don’t find him compelling he’s without doubt entertaining!
Mr Galloway also slammed UK MPs for failing, during PMQs this week, to ask the obvious question: ‘Prime Minister, have you met or have any personal relationship with any or all of the Ukrainian male models who stand accused by the Metropolitan Police Anti-Terror Squad of having firebombed your properties’. As reported by Cairns News here.
Country Squire reported on the full sequence of events for our elucidation.
Meanwhile, Sir Keir Starmer’s best pal Monsieur Macron suffered an even ‘closer to home’ threat to his safety, posed by his wife. You can’t have missed it. More entertainment, and another truth break for which the French continue to troll him. A photo of an advert that was allegedly taken in one of the gyms in France has gone viral online. The advert (translated) reads:
‘Does your wife beat you? Sign up for self-defence courses at our gym!’
The French President has given a laboured non-denial denial that no one believes! It’s the best soap opera we have around at the moment! Enjoy!
