2.8 • 690 Ratings
🗓️ 11 January 2023
⏱️ 60 minutes
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0:00.0 | Next, I'm making sense of the madness, a much-needed economic update on the continuing |
0:04.8 | financial collapse. |
0:06.4 | And Joe Von Hutton Pulitzer will give us his expert analysis on Democratic efforts in Arizona |
0:10.5 | and Brazil. |
0:11.5 | We're going to question the mainstream narrative and expose media propaganda right now. Well, Dr. Kirk Elliott, our resident PhD economist is with us to give us an update on the continuing global financial collapse. |
0:45.0 | Kirk, did you see the news on zero hedge of the hedge fund that lost billions upon billions of dollars? |
0:50.6 | And they said it hasn't changed their policy at all. |
0:53.2 | They're going to continue to do things the way |
0:55.8 | they do them now, but it doesn't seem this hedge fund hedged very well. Well, it's not hedged at all. |
1:04.4 | And here's the thing. If they're going to do the same thing that they did to lose, you know, billions of |
1:10.0 | dollars or, you know, 33% is what the NASDAQ came down last year, S&P 20%, and they're going to do the same thing. |
1:17.0 | Well, what else are you going to expect other than continued losses? To me, that's just the |
1:22.8 | epitome of laziness and just being out of touch with what's happening in the world. |
1:28.8 | When Amazon laid off another 18,000 people, Salesforce laid off 10% of its workforce, right? |
1:35.7 | It's like, good grief. |
1:37.3 | The markets are not poised for a good run. |
1:42.7 | And I mean, look at that. I mean, the Swiss National Bank, right, after, |
1:49.2 | I mean, they're the largest loss in the history of the bank. In 100, what is it, 120 something |
2:00.1 | years, right? |
2:01.6 | They lost 143 billion. |
2:03.6 | I mean, the markets are not performing while. |
2:06.6 | Banks have no money. |
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