Fairness Funding Government Ed Dowd was on the Battle Room on Lindell TV the place he mentioned the results of Biden’s actions on the economic system. It doesn’t look good.
Steve Bannon had Ed Dowd on The Battle Room the place they mentioned the results of Joe Biden’s actions on the economic system and the predictions Dowd made just a few months in the past.
Dowd was on The Battle Room final 12 months and he predicted {that a} deep, deep recession was coming “quick and livid within the first and second quarter.”
The opposite factor that Dowd stories that occurred in late 2022 is that this:
“The cash provide (M2) year-over-year progress went adverse for the primary time since 1930 (the Nice Despair). Let me say that once more, 1930. That is the fifth time it occurred and the earlier 4 occasions since 1868, have been related to monetary panics. So, M2 is principally cash and cash is credit score…
Right here we’re, the Wall Road Journal is fomenting financial institution runs by reporting 186 of them are in bother.
Dowd goes on to say that we’re going to consolidate the banks into six banks. However this may solely delay the mess.
We’re watching Japan. We’re watching China. So that is going to unfold across the globe. Fairly frankly that is past anybody’s management, together with the FED and the US Treasury…
The discharge valve for all this debt goes to be a foreign money difficulty and a world sovereign debt default. So foreign money wars are coming. There’ll be foreign money points which can result in a kinetic struggle…
Look, I don’t need to be a doomsdayer however that is past everybody’s management. We’re on the finish and it’s imploding on itself.
It is a must-see interview from final week’s Battle Room.
