Part 2, got done to the physical therapy.

Let's head right over to this report.

It's just in rough draft phase.

You guys are the first people I am showing this too. So that's the benefit, one of the benefits of being a subscriber to the

rebel capitalist channel. And I'm not going over all this. I'm going over a major component of it to illustrate why I think there's a different type of

crash that could be even worse than the dollar crashing. But when we have the full report you're going to have to read it. It's going to be free. I won't even ask for the email. We'll probably just post it on the blog. But let's get right back to where we left off in part one of the last video before I had to leave

to physical therapy.

Okay, Josh, do you see the report? Yep.

Perfect.

Okay, so just in case you didn't tune in for part one, we'll just do a very quick review

where we left off.

Basically, you've got the dollar debt outside of the United States. The dollar debt was created to create dollar currency units, which are deposit liabilities, commercial bank deposit liabilities.

So if we have an aggregate balance sheet outside of the United States, I won't go back to you to see

the bottom up here, just take my word on it we've got 50 and 50 so it's supposed

to be trillion we put be in rough draft guys so just use your imagination so

outside the United States assets 50 trillion because those are the

currency units, the dollars that exist on balance sheets outside the United States

are taking the aggregate balance sheet, but then those dollars were created by

lending them into existence.

So there's also 50 trillion worth of a dollar liabilities.

In other words, loans that have to be paid back in the future.

That could be 30 years, it could be two days. Okay? So now what we got to look at are the

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