Another Credit Market Freeze & a Mega Stock Market Crash Are Coming: Gregory Mannarino Video

Gregory Mannarino

This first Fed injection of 58 billion dollars into the overnight lending market failed at first, because of technical problems.

Today, Wednesday, September 18, 2019, the Fed is planning to put up another 75 billion dollars.

But, it seems the Fed is having to do this all slowly after only extensive planning. What can they do if some sudden shock, a black swan crisis event, occurs, requiring instant input of 100′s of billions of dollars?

We are witnessing the global central banking system on the brink of collapse, as their beast of debt becomes uncontrollable.

And, as overwhelming debt has corrupted every form of currency and all forms of wealth, when the looming crash of the US Dollar sinks the world into a bottomless abyss of debt, the fair value that everything must first reach will be zero; allowing a fresh reset after the Banks go Bust and Governments Fall.

So, it will be those having prepared their households with at least thirty days of fresh food, good water, personal medicines and emergency supplies, for all in their households to shelter in place within a supportive and friendly community of likewise ready neighbors, who will best survive when money and wealth become worthless in a world engulfed by lawlessness.

Ok correct me if I am mistaken. Low bank interest on savings means that who the hell wants to put their money in the bank ? I think most people are not keeping money in banks, And for banks to make money they need to have deposits so they can turn around and lend out based on the fractional rate of lending out 10 times what is deposited. So banks have no money to lend out. In Canada the govt and banks started something they call a TFSA (tax free savings account). People think it is great and many are taking advantage of it. But the reason was to capitalize the banks due to the low deposit rate. What is more interesting is that the banks, rather than increasing interest rates to attract deposits, they have the Fed inject money to them. I do not quite get this. The banks and the Fed want to keep everything inflated and with lots of debt, they do it with low interest rates. The interest rate policy is destroying the economy for the sake of keeping assets values high.;