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.
BREAKING: Mexico To Join BRICS? - The Great Reset IS HAPPENING!
WORLD BANK: LOST DECADE FOR WORLD ECONOMY! - Japan Buys Russian Oil! - The World Order Is Breaking
END OF THE DOLLAR! - Prepare For Economic Implosion Says Former Treasury Official!
BANK COLLAPSE CAN’T BE STOPPED! - World Bank & Moody’s WARN Of Further Contagion!
MUST WATCH! ECB Head PRANKED! - Admits CBDC Is About CONTROL! - Zelensky Impersonator Trolls Lagarde
PENSION SYSTEM WILL FAIL! - ”.666% Of 17 Trillion Dollar System Backed By Reserves!”
GET READY! - MORE Inflation On The Way! - Fed HIKES Interest Rates! - Contagion Is OUT OF CONTROL!
186 BANKS TO COLLAPSE? - New Study CONFIRMS The Contagion Has JUST Begun!
EUROPEAN BANKS COLLAPSE! - Global Financial CRISIS! - Credit Suisse Craters!
From SVB To Global CBDC’s Here’s What You NEED To Know!!! - Tim Picciott on Press for Truth with Dan Dicks
BREAKING: BAILOUTS BEGIN! - More Banks To COLLAPSE? - Federal Reserve Makes Statement!
BANK RUNS HAVE BEGUN! - NO Bank Is Safe! - Collapse Of Silicon Valley Bank JUST The Beginning!
Bureau of Labor Statistics rigs CPI data - Inflation much higher than it looks
Bill to Abolish ATF Introduced After ATF Quietly turns Millions of Legally Purchased Gun Owners into Felons
Treasury takes Extraordinary Measures - FEDs Steal Govt Employees Retirement Funds To Pay The Bills
Prepare now for the Great Reset
FDIC Admits Plan To Close The Banks On a Friday
WHAT WILL HAPPEN IN 2023? - Predictions For The YEAR Of The Cashless Society! - GET READY!
Cash Daddies #116 “Dry Powder” with Tim Picciott
END OF THE DOLLAR! - BRICS TAKEOVER IMMINENT! - Great Reset In PLAIN SIGHT! - What Comes Next? - Tim’s WAM show appearance
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