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Podcast: The American Enterprise Manifesto: My America's Vision of Peace and Nonviolence for Humanism
Episode: Ten Dominos to fall by 2024 Bursting the Derivative Bubble of $600 Trillion Dollars (Bankruptcy of a Country Happens Gradually Then Suddenly).
Description: Derivative value: meaning deriving value from an underlying variable asset. Derivative bubble: The stock market, debt, deficits, inflating economy, and weak$.
With Open Borders and 2 million illegal refugees and migrants being welfare cases? Cost/Afghan exit? Higher taxes? The deferment of the debt ceiling of $22 trillion with current debt per the debt clock (www.usadebtclock.org) of $28.5 trillion? With inflation at 5 to 10%? Declining value of the $1 to $.38 in 2000? Increase in the consumer price index of .9% in June to 2.0 in September? With the Fed contemplating interest discounts to their banks being increased from .09% in 12/20/20 to 2.5% in 9/20/21 to 4% be e...