from GoldSilver (w/ Mike Maloney):
TRUTH LIVES on at https://sgtreport.tv/
by John Cody, Activist Post:
Artificial intelligence is advancing at lightning speed, and these advances are not only set to reshape our very reality, they could leave many losing all of their savings, according to cybercrime expert Marc Maisch, who also works as a lawyer helping victims reclaim their lost savings after they fall victim on the web.
He warned in an interview with Germany’s Die Welt newspaper that authorities will be powerless to stop this new coming crime wave, which will see criminals use AI tools to fleece potentially millions out of their money.
by Michael Snyder, The Economic Collapse Blog:
If you do things the right way, in the long run you will get positive results. But if you do things the wrong way, in the long run you will get negative results. Our banks are the beating heart of our entire economy, and unfortunately they have been doing things the wrong way for a long time. As a result, the entire system is being greatly shaken. Loans are starting to go delinquent at a frightening pace, we have seen endless “banking glitches” in recent months, tens of thousands of banking employees have already been laid off, and U.S. banks are sitting on hundreds of billions of dollars of unrealized losses. Sadly, a lot more chaos is on the way. As small and mid-size banks fail, they will get gobbled up by the big boys. Of course the big boys are scrambling to survive too. In fact, it is being reported that JPMorgan Chase will close a total of 159 local branches by the end of this calendar year…
by Greg Hunter, USA Watchdog:
Precious metals expert and financial writer Bill Holter says the recent underreported announcement by the UBS CEO Sergio Ermotti in Switzerland that his bank might need a “rescue” is yet another sign on the short road to the end of the global Ponzi scheme backed by the US dollar reserve currency. Holter points out, “You’ve got a sick bank (Credit Suisse) that is being bailed out by another bank (UBS) that may turn out to be sick. My question is who is going to bail out these central banks? You have got the Fed with a $9 trillion balance sheet. The last time, the Fed went from $900 billion to $9 trillion. Can the Fed now go from $9 trillion to $90 trillion? Who is going to bail out the Fed? Who is going to bail out the US Treasury? Who is going to bail out the Bank of England, the ECB or the Bank of Japan? These central banks have completely blown up their balance sheet and have no ability to save anything. My question is who is going to save them?”
from The Money GPS:
TRUTH LIVES on at https://sgtreport.tv/
by Jeff Thomas, International Man:
As the Great Unravelling progresses, we shall be seeing many negative developments, some of them unprecedented.
Only a year ago, the average person was still hanging on to the belief that the world is in a state of recovery, that, however tentative, the economy was on the mend.
And this is understandable. After all, the media have been doing a bang-up job of explaining the situation in a way that treats recovery as a general assumption. The only point of discussion is the method applied to achieve the recovery, but the recovery itself is treated as a given.
from RT:
The West has destroyed free global competition and the immunity of property, Russia’s foreign minister says
The US is using the dollar to unleash trade wars worldwide, while international economic cooperation is also being weaponized, Russia’s Foreign Minister Sergey Lavrov said on Monday.
The US and its allies in the EU are using a wide range of “geopolitical engineering” tools, which include, among other things “unleashing trade and economic wars,” Lavrov stated, speaking at the Primakov Readings International Forum.
from Infowars:
TRUTH LIVES on at https://sgtreport.tv/