Europe Just Sent a MASSIVE Warning to the World!

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[richardweiner]

Time we stop lying to ourselves ... We're in something far worse than a recession ... We're in an economy kept alive by a credit card.

[curly__]

Wrong! The proper response to a recession is not deficit spending! It is to let the corrupt and otherwise weak companies go down and make room for new innovation and new business opportunities. Deficit spending into recessions is done to preserve the fascist system and further the profiteering of monopolized corporations. It creates an economic downward spiral.

[paulaballetdancer]

Bring on the pain in the USA! No more spending on D. hand out programs. Slash as much as possible. Build accountability into the pentagon spending and their suppliers. Demand quality at fair prices. No more social security payments to billionaires. No more lifetime pensions to congress.

[sapienscircus]

From America, we should’ve actually let this happen in 2020. They only thing we’ve done by waiting and make it worse.

[willskol]

Government workers on average earn over twice that of the private sector. Time to cut government, then individual taxes.

[greghoel]

This is truly terrifying! Get out NOW!!!

[ParisianThinker]

I live in France for 18 years. France will tax more and reduce what they pay for medical care.

[DeonPretorius-fg]

Depression, world wide. Gold stepping up to save the day. Like the song. The Times they are a Changing. The great reset.

[apextroll]

People in the social media income game are in for a rude awakening.

[dp]

U.S. should be cutting spending. I don't see them doing what is needed. Politicians love to spend.

[donjaksa]

We will be fine as long as our strategic reserve of thin-air that we print money out of is secure

[EricSchafer-bk]

Finally you called it right. A global depression!

[idahodissident]

Can’t be a good video if Steve’s not terrified

[wayneburbrink]

We are in trouble I remember the stock market hitting like 3, 800.00 when Obama was in office, nobody had cash, they were burning the credit cards up at restaurants etc . Pretty nervous about this jazz!!

[holydiver]

Governments need to cut spending especially in the US. We're out of money you have to tell the environmental lobby to kick rocks. We need to build more coal fire plants, trash incinerator, oil refineries, steel foundries and get to mining minerals. Our economy can't be computer related technologies and financial services indefinitely.

[jvzaz]

Depression, leading to a world war to get us out of it and restore our economy and currency

[PatrickLangfield]

Hey Steve I really like your shows keep up the good work.Patrick

[bobbobertson]

When would the government ever admit there's a recession
It's never going to happen stevie

[krugec]

how can you comment on France debt, when USA is spending money like a drunken sailor

[Martin-rpx]

Canada has also increased the deficit this year which will affect their credit rating in the future as the Canadian economy is also slowing. Global recession is coming!!!