Time for another Manipulation Monday with Andrew Hoffman. Listen while Andy discusses:
– Swiss referendum
– Historic propaganda
– Market manipulation
– Dutch repatriation
– French repatriation request
– Historic PM tightness
– Record U.S. Mint Silver Eagles sales
– End of Indian 80/20 import/export rule
– Economic collapse!
– Japan downgraded by Moody’s
– Currencies the world round in freefall
– More than half of shale oil unprofitable today
– 15% of all U.S. junk bonds shale oil related
This interview was hosted by Financial Survival Network.
Andy,
Great update.
My grandparents had my parents during the Great Depression and thus most of my parents young years were growing up during this depression.
My grandparents and parents taught my brother and I to not buy things you did not need and saving the money from the fruits of your labor might be needed more in later years.
This sure was not taught in school and I don’t think many people have been taught this. Most people give away the fruits of their labor with interest on credit cards and loans for things they want now (not necessarily need). The bankers sure have cleaned up on this and have become super wealthy as the middle class has sold theirselves down the river.
Maybe after the upcoming crash people will again learn to only buy what is necessary and not to buy anything that you can not pay with cash.
I can’t believe the automobile industry has been advertising Black Friday. When did Americans become so wealthy they could give cars as Christmas gifts? I guess I never found those jobs!
My brother and I, both born in the 50’s, got 2 christmas gifts (1 a piece of clothing and 1 toy). We got 1 gift on our birthday. We received nothing else during the year. My parents bought and paid cash for our house when I was in 6th grade and never had a house payment.
Sure a different world now. I can’t even count all the toys being bought each time I go to WalMart during the entire year. I bet most of those parents don’t have 2 nickels to rub together!
Corporate America has successfuly trained the sheeple to be their slaves for life. Most folks will not be able to retire, but will have to work until the day they die.
SAD STATE OF AFFAIRS!
In the end this is likely one of the catalysts behind the timing of a swing to a changing of world power and currency choices.
“We will know that day is approaching when oil-producing countries demand gold, or its equivalent, for their oil rather than dollars or euros.”
Someday, perhaps soon, Americans will wake up to a new reality, like they did on August 15, 1971.
Our destiny has likely already been determined.
Failing to prepare is simply not an option.imho