Economy: Collapse Is Inevitable

Covid Investigative Committee
Grand Jury Proceeding: Day 5
Economical & Financial Destruction
https://gettr.com/streaming/pvr11i8098

Destruction of the economy (Technocracy)
27:02 to 1:49:00
Patrick Wood
Economist & Author

Controlled Demolition of the Political and Economic System
1:49:00 to 2:59:34
Leslie Manookian
Former Investment Banker

Financial Destruction
3:05:59 to 3:54:55
Bjorn Pirwitz
Lawyer and Finance Expert from Germany

Financial Destruction (Part II)
3:55:00 to 4:40:00
Dr. Christian Kreiss
Professor of Economics & Former Investment Banker, Germany

Economy: Jeremy Grantham

Calling a Super Bubble: Front Row with Jeremy Grantham

Notes from this interview:
U.S. stocks are in a super-bubble like 1929.
The upcoming crash will rival the 1929 crash and dot.com bust of 2000-2001.
In the last year stocks in the Russell 2000 are down.
The current bubble is a very rare pattern.
The NASDAQ and Russell 2000 are weak against blue chip stocks.
The trend line is (at most) 2500 for the S&P500.
Do not short individual stocks.
The global housing market is currently more overpriced than it was in the housing bubble of 2006-2008.
Inflation will be part of the discussion and move higher from now on.
We are in the early stages of running out of raw materials.
Selected commodity prices will move higher.
Live within your means.

Disclaimer

Economy: Trade Deal Expiration

On January 15, 2020 China signed an Economic and Trade Agreement with the U.S.  Within 30 days of signing this agreement, the Dow started a sharp decline on February 13, 2020. This was just one day before the trade agreement went into effect, as noted in the following article.

US-China phase one tracker: China’s purchases of US goods in 2020 and 2021

This trade agreement expires on December 31, 2021. Watch for a stock market decline to start in January 2022.

Disclaimer