Recession Risk Rises Dramatically 2H 2020 JP Morgan Concedes, US China Trade Talks Reach Impasse
Economic collapse news December 6, 2019 First we look at new factory orders in the US just posted their 3rd consecutive decline yoy, We also see the US trade deficit has fallen and it is mainly to to a drop in imports from china. Trade talks were believed to be going well yet we have reports that huge hurdles still remain in the way of a Phase one trade deal. namely tariffs. ... https://www.youtube.com/watch?v=NWR-eWQx-_c
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Pitbull exposes event 201 and the communist censorship along with bill gates and their pandemic exercise 6 weeks in advance where big tech vaccine makers johnson and johnson, the CDC, john hopkins, all attended and plotted the censorship grid and even to censor governments who resist their propaganda
The U.S. mint has temporarily stopped American silver eagle sales due to an exhausted Silver supply. We have Covered several times we are past peak silver and year after year of physical silver bullion supply deficits seems to be having an impact of Silver Eagles Production. There is no telling when this temporary silver supply shortage will end and when the 2019 silver eagle sales will resume. While this is not the first time It shows the silver eagle sales figures are performing so well for 2019 that the U.S. mint was terribly unprepared to handle this volume of demand for physical silver bullion.
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https://www.youtube.com/watch?v=Y-cQULKfj0c
There was much fanfare over yesterday's Jobs report from the BLS yet this was one of the worst alterations in BLS history as they hid millions of job losses using a few tricks and even added extra for good measure. We attempt to break down the report yet we'll begin with the addendum on the report it's self which detailed some major changes they were instructed to make which are clearly performed to soften what was supposed to be one of the worst jobs reports in history expectations were for 8 million job losses. So how did we end up adding jobs well it has to do with the way they typically calculate business opening and closings and the changes resulted in record business creation the reason being they just removed most of the businesses whos employee counts went to 0 meaning almost all of the businesses that were shut down. Funny how just ignoring all of the effects of the actual economic realities can make it appear like the economy was on firm footing. This is a plain lie and it's crazy they even called a press conference in advance to celebrate what was called amazing numbers. I think this is immoral and is actually encouraging risk based on lies.
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https://www.youtube.com/watch?v=JJRJs1db7hM
Economic collapse news. Huge events happening we could see some trouble on markets depending on how the GM Strike plays out. The auto industry has been in decline and the UAW wants higher pay for workers. GM announced plant closures in Ohio and Michigan and now the workers demand they re-open the Lordstown Ohio maufacturing facility. GM says they can't because of economic reasons. Also we see oil prices have just jumped 20% in minutes. With the economy already on thin ice the last thing the failing global economy needs is 20% increase in gas and fuel prices.
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https://www.youtube.com/watch?v=6NQlkCbaDcM
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Today, we focus on one of Boeing's top suppliers Spirit Aerospace as they have just announced 2,800 job cuts to start as the 737 production halt is beginning to reverberate through the greater economy. We see in the recent jobs report the Manufacturing sector just cut 12,000 jobs. I think this is the beginning of a larger trend about to be unleashed in the wake of the Boeing production halt.
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https://www.youtube.com/watch?v=xn5YDKxCmTs
Today we cover a recent debate between Bitcoin and Gold and Goldman Sacs was responding to a new companies marketing tactic instructing peop[le to dump their gold in exchange for bitcoin. Goldman responded with some insight into why Gold may see a lot more action than many have discounted. Also, something that is different about this precious metals bull run is DM Bonds are less attractive with interest rates so low or negative. Both Gold and DM Bonds act as a safe haven instrument both have almost a matching correlation to the S&P 500 meaning when market risk increases money flows to both DM Bonds and Gold. Their concept set forward was when this bull run awakens in silver and gold investors will be rushing into the best option available which will be silver and gold bullion.
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https://www.youtube.com/watch?v=oNEvPzIm6iM
Support us by subscribing to our other channel. Economic collapse news. The U.S. Housing market for about a decade has had tens of billions of dollars poured into it by one huge buyer. That all has changed and now Chinese investors are leaving the housing market. What happens to the housing prices left behind. Either way the real housing crisis is here and it doesn't look good for an economy on the ropes.
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https://www.youtube.com/watch?v=jbdTx2e_ivg