Geopolitical Distractions and Our Irreparable Monetary System.

in #dtube5 years ago


In this report, I cover the early market action from London on Friday, June 21st, 2019. I look briefly at the precious metals, the stock market, the dollar, the bond market and the price of WTI and Brent crude oil.

Today I talk about all the geopolitical and political distractions we are being bombarded with every day and how, in my opinion, we need to keep an eye on what I believe is the ultimate trouble with our economic system. This problem is the irreparable monetary system we operate under which has built up a huge web of debt that needs to keep growing.

So despite the Trade War with China, the Tensions with Iran and Brexit being very important developments I think that at the end of the day our monetary and economic woes will not be brought about because of these events.

My conclusion is that the general public needs to keep a spotlight on our fraudulent monetary system and the Central Bankers who are in charge of it as they are the main culprits of the economic storm that is fast approaching.

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Good morning mario, yes look over here but dont look here! most if not all the people i talk to on my dog walks, have lost complete faith in politicians! interesting interview this morning on the radio with mark carney about this libra facebook coin, left me with the thought that it may well happen? and that could be very interesting? yes shit coin it may well be! but will it open up and could it be decentralised when coming to swaps exchanged etc? have a great day my friend thanks for the info and updates :)

Hi Andrew, Yes I saw that the BoE wants to deal with Zuckerberg. Libra might be somewhat decentralised but they are looking to back their coin with bank deposits and government securities or bonds! Have a great day and weekend as well.

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