“Economy Is COOKED” - Massive CUT Shows U.S. In Titanic Trouble, Easy Money Bailout Begins

In a shocking move, Fed Chair Powell has slammed rates down by a whopping 50 basis points. This is a signal that the underlying economy is horribly weak and the Fed is opting to bring back easy money to prevent a collapse. However, the economy is already cooked unless the unthinkable happens.

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✅ Timestamps & Chapters:
0:00 Massive Fed Rate Cut
2:48 Big Economic Bombshells
5:25 US Spending Crisis Will Get Worse
8:20 The Unthinkable Risk
10:46 If A Collapse Happens

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[markbaston]

The lies Yellen and Powell spew is mind blowing.

[stephenbermingham]

Bailing out themselves and screwing everyone else.

[Black_Sun_Dark_Star]

Who else thinks the US government and politicians belong in another reality?

[grandwonder]

Will this mafia country ever be made to pay for its crimes?

[JCSY]

The US are still spending like there is no tomorrow. This is expected since many years ago. Will get even much worse going forward.

[wumao]

Anytime now US will come out and say " Screw this " and press the red button and shout " Harm Kah Chan " and the world goes Kaboom🤣🤣🤣

[finshaw]

I was looking forward to Sean Foo's opinion on the huge rate cut. He doesn't exaggerate, just a real analysis.

[henriramonfosse]

Like our Paul Keating said once (or twice), "what is the point of low interest rates if you can't get a loan".

[johnkessler]

Helping out Kamala and pushing the crash past the election.

[rich]

Dump dollars and treasuries ASAP. Toilet paper. Liabilities backed by paper debt. What a joke

[redbeansg]

Titanic is a good description of the American economy. The Americans should party and pop their champagne. Rock solid? What a joke.

[TonyL-gwqx]

Already in a recession or depression. Years of government deficit spending has warped our economy and makes understanding the real economy nearly impossible.

[Martha-su]

The people are never told the truth so they can prepare

[ohmikesroh]

The way these American officials can lie so smoothly....without blinking...they must have been well taught and skilled in the ways of those actors playing the big con in the movie 'THE STING'...LOL.

[chillfluencer]

USA: "We pile up debt? Let's print some more money."

[THRRKGUY]

Can America be saved at this point, when they cut interest rates

[libran]

Stop saying the economy is strong has not been strong for two years now we have a ton of layoffs people with no money high credit card bills etc so please let’s stop the nonsense about a strong economy

[garrickhunter-oe]

The Fed's talk of interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is $3m for retirement.

[Aceks]

This time around the govt will confiscate your wealth by keeping interest rates lower than the rate of inflation.

In 1933, the govt seized the peoples gold.

Today, it is easier to confiscate wealth or transfer wealth from the people to the govt, they can keep interest rates under the real inflation rate. At the same time, they can use their spokes people that interest rates are only 3% when in reality it is double digits.

The people that have assets that go up, like stocks, real estate, and other assets that go up with inflation invest in real estate. This makes homes and rents more unaffordable.

Congress can borrow unlimited amounts of money; however, out of control of inflation can cause much bigger problems in the future. The US never experienced hyperinflation for 248 years, so we are going into uncharted territory.

Historically, governments fell when they mismanaged the economy, and there is no exception for this.

[Ludak]

Story ends with couple of "experts" investigating the Titanic sink spot and dying.