Economy - Glenn Beck Chalkboard Program 6/1/2022

[JohnyMac]

I watched Glenn Beck's chalkboard on the economy last evening and it was 'right on the mark'. I thought I would share it with the folks here on UP.

Below is the show on YT however, the show was 60-minutes long. Why is the YT version only 30-minutes long? Anyway, worth your time to watch or listen to.

https://www.youtube.com/watch?v=Fz4JTvbxC_A

[JohnyMac]

Who wants to bet that this summer's Famine & Blackouts brings the known actors known as ANTIFA and BurnLootMurder Inc. into the street to protest?

Who wants to bet that the current administration will issue the "Presidential Emergency Action Document (Order)" because of the unrest around Labor Day?

"Presidential Emergency Action Documents (PEADs) are draft classified executive orders, proclamations, and messages to Congress that are prepared for the President of the United States to exercise or expand powers in anticipation of a range of emergency hypothetical worst-case scenarios, so that they are ready to sign and put into effect the moment one of those scenarios comes to pass. They are defined by the Federal Emergency Management Agency as the "Final drafts of Presidential messages, proposed legislation proclamations, and other formal documents, including DOJ-issued cover sheets addressed to the President, to be issued in event of a Presidentially-declared national emergency." - Presidential Emergency Action Documents (PEADS)

[JohnyMac]

FYI...

Jamie Dimon [JPMorgan CEO] warned investors to prepare for an economic "hurricane" as the economy struggles against an unprecedented combination of challenges, including tightening monetary policy and Russia's invasion of Ukraine.

"That hurricane is right out there down the road coming our way," the JPMorgan Chase & Co. chief executive officer said at a conference sponsored by AllianceBernstein Holdings Wednesday. "We don?t know if it?s a minor one or Superstorm Sandy. You better brace yourself." - Bloomberg

[pkveazey]

I saw the guy from J. P. Morgan talk about the SHTF economy. Today, I went to town and bought another $1000 worth of Silver Insurance. I hadn't planned to buy any more since the last purchase but the notion that my cash was going to become worthless just made my skin crawl. While I was in the Shop, I was talking to the owner, and he said it's getting harder and harder to get Silver. He said it started out with a 2 to 3 day wait for his Silver orders to come in, then it went to 1 week, then 2 weeks, and now its 3 weeks. Get it while you can folks. I keep thinking that I'm done buying it but as things get worse, I just keep going back like some kind of Silver Junkie.