The Liberty Advisor Show W/ Tim Picciott
Business:Investing
Full video here: https://youtu.be/1wbYFnHxOfY
Hi Everyone this is Tim Picciott it is Dec 4th and welcome to episode 40 of the liberty advisor podcast
Man what a tale of two days. Yesteday the market was up over 500 points and today the dow finished down nearly 800 points.
Other big losers included Nasdaq down 3.8 russel down 4.4 S&P down 3.24% and the ten year treasury is back under 3% at 2.912%.
Yesterday a lot of people were optimistic that we’ve come to an agreement with the Chinese.
To me is doesn’t matter whether we have an agreement or not. This crash is has been baking for a long time and now that the FED was dumb enough to believe they could raise rates this many times the crash that has been baking is almost ready to be taken out of the oven
And whether the Chinese and the us have a trade agreement is material. Now if the 25% tariffs were enacted katy bar the bar boom instant recession. That would be like a ton of lead weights to break this camels back and we’re at the point where this camel couldn’t handle another straw but in terms of taking weight off the camel this agreement does very little in terms of taking pressure off. It only avoiding a major self inflicted wound
All along I thought the president was just BS ing. There was no way he could enact those types of tariffs. Doug Casey called tariffs an embargo on yourself and this is exactly what it is in my opinion.
Mike Tyson once said everyone has a plan till I punch them in the face except this time we’d be punching ourselves in the face.
So this temporary agreement did nothing meaningful except avert a self imposed disaster at the end of this month.
And if you are the Chinese yo are getting the raw end of this deal not the Chinese.
The Chinese give us real gooods and we give them digital Iou’s
If we head to trumps twitter feed you see his tweet from earier today about being a tariff man.
Bond market not buying it
Major headwind of QT that has nothing to do with fed funds rates
All of this spells disaster.
If purpose of WE was to raise assets now those asset prices are coming down. Prepare yourself today.
THE SHRINKFLATION SCAM! - Food Prices Climb As Food Gets SMALLER! - Famine Will Ensue!
BANKS SECRETLY STEALING YOUR MONEY! - Is Wells Fargo Normalizing Bank Theft For A CBDC?
INFLATION APOCALYPSE & FOOD SHORTAGES! - As Supply Chain Crumbles, Food Prices Hit Record Highs!
YOUR BANK ACCOUNT IS IN DANGER! - 1000+ Closed A DAY For Political Views! - CBDCs Incoming!
IMF CONFIRMS: GLOBAL CBDC INCOMING! - They Want A Technocratic Great Reset!
BANKS WARN: RECESSION AT OUR DOORSTEP! - ”This Won’t End Well”
CBDC INCOMING: UN Wants Digital ID! - Global Social Credit System To ENSLAVE US ALL!
GREAT RESET: The Dollar Is Done! - Inflation SKYROCKETS As BRICS TAKES OVER!
Union of the Unwanted 70: Homesteading, Farming & Food
HOUSING MARKET CRATERS! - Great Reset Agenda To Make YOU Own NOTHING!
Raising Chickens, Pigs and homesteading with Jay Noone
CPS and The State Target Freestater’s Family (Corrected Audio)
EXPOSED! FED ADMITS What’s Coming NEXT! - Jerome Powell PRANKED! - Banking Collapse CONTINUES!
HUGE! Globalists WARN Of Collapse! - Shadow Government Is Preparing For MASSIVE CRASH!
BREAKING: THE BANKS ARE DOING SOMETHING WEIRD! - Crisis Leads To Collapse Of Financing
CHOAS ON THE STREETS! - Crime Skyrockets Due To Inflation! - Dollar Collapse Leads To DESPERATION!
THIS IS A GLOBAL RECESSION! - Banks Prepare For Collapse! - Fed Attempts To RIG Number!
BIG BANKS ARE IN TROUBLE! - Deposits Are NOT Insured! - Perfect Excuse For Great Reset!
BREAKING: EUROPE TO LEAVE DOLLAR? - The House Of Cards Is FALLING! - Chinese World Order Is HERE!
THEY WANT TO DESTROY YOUR RETIREMENT! - Social Security To RUN OUT By 2033? - What You Need To Know!
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