Hello fellow rebel capitalists hope you're well.

So this Wednesday Jerome Powell got a big decision to make.

In fact, I think it might be the biggest Fed rate decision in history. And I don't think I'm exaggerate I don't think that's

hyperbole when you think about the consequences of what he may do on one hand

you've got continued inflation and maybe it even exacerbates

inflation and on the other hand you've got completely crush the banking system or

run the risk of creating further collateral damage with the banking system.

And we all know because the economy is so financialized.

If the banking system goes down down so will the economy. So I want to think

this through with you guys so you can start assessing probabilities and most of you

know from watching my videos. I don't know that we'll have a banking crisis play out the exact same way that it did during the GFC.

With all the big banks, maybe Regals might look a little bit different, but the bottom line is the yield curve is screaming right now

that there is a tsunami headed our way at about 500 miles per hour.

And we don't know exactly when it's going to hit, most likely it'll hit after the yield curve

uninvits. But right now there are some serious, serious warning signs. And you know, we could have some sort of economic crisis

that could just bleed into the banks and they could go bust just out of collateral damage

even if they're not the focal point of the

specific crisis and we know that the Fed has raised rates until they have broken

something they've already broke so do they continue to risk

breaking things even worse or risk allowing inflation to run hot and

Paul excuse me then Jerome Powell running the risk personally of being

remembered as Arthur Burns and not Paul Volker I think a lot of people glaze

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