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.
SUPPLY CHAIN STATE OF EMERGENCY! - Massive False Flag COMING SOON! - They Want Us On Social Credit!
Great Reset CURRENCY COLLAPSE! - Russia Has Gold Standard - Inflation Hits RECORD HIGH!
World Govt Summit / Transhumanism / 2045 Project
Union of the Unwanted : 45 : Covid is Back, The Digital Dollar and Blast
Planet Lockdown with Director James Patrick
Whats really going on with Russia and Ukraine
TJS ep59: Fed Hikes Chance of Petro Dollar Collapse
TJS ep58 LIVE: WW4 Launches & World Economic Forum Young Global Leaders Breakdown
Hidden Camera Catches FDA manager exposing massive Pharma corruption
TJS ep57: The CCP Enacts Emergency Measures
WAKE UP! We have solutions, but we don’t have time
Is there an Evil afoot in Bitcoin?
The Danger Zone!!!
TJS ep56: FED Coin Announced - What the Truck is Going on - Beer Goggles - FED looking for an excuse to go BRRRRRRR
Understanding the Financial System & Preserving Wealth Swapcast W/ Sloane Freemont
Tim Breaks down Federal Reserve’s CBDC paper live with Ernest Hancock
TJS ep55: The Perfect Storm Is Brewing ... Again
The FED can’t taper their PONZI SCHEME
TJS ep54: JP Morgan got BAILED OUT!
TJS ep53: PLANdemic as a financial system cover up with Etienne
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