I’ve Never Seen Anything Like This | Central Banks Are FINISHED

Economy is slowing globally, cuts and shortages of energy and food becoming more apparent, rising interest rates in response to higher inflation. We have to understand what our future is and what we’re going to do about it.
Interest rates and mortgage rates are climbing very high. People cannot afford to pay their debt. This puts downward pressure on prices. If too many people are in this scenario, it will unravel quickly. If rates come down soon, it's not as big of a concern.
Mortgage rates have gone too high for most people. Prices cannot accelerate in this environment.
Total slowdown begins but those on the fringe will fail.
Watch for true excess, extremes, leverage, and desperation. All will be apparent as rates remain elevated.
If the Fed sells too many MBS, this will create major disruptions because no investors want to buy it, especially when they’re selling.
Stay away from getting into big debt, leverage, or margin at this time.

TOPICS AND TIMESTAMPS:
Central Bank Mishap 0:00
3 Days Left 3:00
What’s Happening and Solutions 7:21

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Sources Used in This Video:

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#energycrisis #economy #inflation

Music Provided by Skip Fearless

[TheMoneyGPS]

The activities of central banks show that they're struggling to keep markets confident in their actions. Markets do not care about inflation getting out of control. They want to make sure their portfolios remain artificially elevated, at all costs. This will not end well. Keep your eyes peeled.

[wayneandrus]

Christmas shopping should be interesting. Thanksgiving turkeys will be replaced by beans and rice.

[michaellalanae]

Only in America can you borrow your future income thirty years in advance .this is why we are in this mess .

[steventopps]

Warning ⚠️ Bank of England warns of a Black Friday this week .

[Mongoose-besg]

The split screen presentations I find to be highly effective. $GPS you are cogently summarizing the information allowing lay people to easily and quickly grasp and understand complex, global financial events. You are also providing actionable information to allow your viewers not only to survive, but thrive in these chaotic times. Thank you so very much!!

[stew]

Not only will the economy collapse, the continents will partly collapse . I bet I could design a simple economic system that results in good living standards . The government is expert at making a disfunctional economy that benefits themselves and cause social anarchy

[christuckwell]

Central Banks are going to be doing burnout economics, with one foot on the brake and the other on the accelerator, spinning the wheels and making lots of noise and smoke, but not going anywhere.

[tropicalbreeze]

Could the collapse of either credit suisse, bank of Japan or the bank of England be the black Swan event we've been waiting for?

[craigwolfe]

I Remember one day in November back in 2008ish, ben bernucles wasnt telling which banks overseas he gave the money to. He just told them to go play with themselves. I laughed my assetts off! I mean bummer.

[mikaelpaul]

David, thank you for all your hard work. It is much appreciated

[TheMoneyGPS]

To be clear, central bankers like Powell are not secretly meeting behind closed doors actively doing their puppet masters bidding. It's much more compartmentalized. People often don't understand this. There are different levels to these institutions and that which is public facing. That which goes on behind the scenes is obvious the true critical factors. But even surface level information is important in its own way because stocks, pensions, housing prices, etc are all moving based on these.

[dilligafwoftam]

BoE's Bailey has, according to the FT, 'quietly' told the pension funds they can have longer ... so incompetent.

[madsam]

I think I figured it out. They're going to try and buy themselves with printed money.

[transta]

Thank you David, please continue with your perspective and analysis of world data and news. I listen to it daily for real financial news and update. Keep up the good work!

[davidcollins]

In the end what will hold the most value? Easy - tillable soil, fresh air and clean water!

[dilligafwoftam]

OK Dave, I'm running a bet ... What will fail first, Credit Swisse, Deutschbank or the Bank of England ?

[RealNewsChannel]

Keynesian economics is collapsing. Big governments' endless currency and credit expansion and the borrow and spend and borrow and spend some more with absolutely no intention to pay anything back is now coming to an end.

F.A. Hayek's Road to Serfdom told us what would happen and why and how all of this collectivisim would end... It's taken a lot longer than many thought, but the Day of Reckoning has finally arrived.

[consciousthought]

😳We are seeing, in real time, the consolidation of wealth, power, resources and privilege among the richest, wealthiest and most powerful individuals and entities on the planet!😱

[saadali]

the thumbnail and caption are very humorous together

[carycunningham]

Real wages are down and they have been flat since the late seventies. The need for cheap credit (low rates) is directly proportional to the refusal of the capital class to pay their workers more; they would rather fuel consumption with debt than wages - they want tighter control and greater wealth, nothing new under the sun.