Friday, December 4, 2020

Watchman Report Dec. 4, 2020 "The Economy"

ECONOMIC MELTDOWN

 5.8 million Americans face eviction or foreclosure by Dec. 31

VIRUS PUT 8 MILLION PEOPLE IN POVERTY

2021 WILL BE A GOLD RUSH 

COUNTRIES AROUND THE WORLD ARE BUYING GOLD

$27 TRILLION NAT'L DEBT

$100 TRILLION IN UNFUNED LIABILITIES

https://www.usdebtclock.org/

IT WOULD TAKE 100K 747S FILLED WITH $100.00 BILLS  TO EQUAL OUR NAT'L DEBT

SOME JOBS WILL NEVER COME BACK e.g. 100K BANKING JOBS

FURLOUGHS ARE NOW REPLACING LAY-OFFS

NIXON TOOK U.S. OFF THE GOLD STANDARD IN 1971

GOLD BACKED CURRENCY WOULD PUT GOLD AT $10K TO $15K AN OUNCE

$908 BILLION STIMULUS IN CONGRESS

REPUBS WANT $650 BILLION

https://www.youtube.com/watch?v=whHrJpQrmwI



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