06-29-24 PLIM Weekly News Highlights
Videos of the Day
58 min vid. - Western Empire Facing Same Collapse as Rome in its Final Days: Martin Armstrong
00:00 Introduction
01:28 Everything is Connected
10:54 Political Shift to the Right
20:52 New BRICS Payment System
24:29 172 Year Revolutionary Cycle
34:01 The Migrant Crisis and Rome
40:12 Socrates
47:18 How Can We Use This to Invest?
59:30 min vid. - 🔴 Biden Bombs Bigly - Ep 967 - Peter Schiff
T 0:51 presidential debate
________________
Economics
US banks closed 51 branches in just three weeks - is your affected? - NewsBreak
See photos.
According to Wall Street legend Marc Chaikin, life is about to get strange, and it could have a sizable impact on your wealth.
“A massive and surprising new transition could determine the next group of millionaires,” says Chaikin, who predicted the 2020 market crash. “While leaving 99% of the public worse off than before.”
Wall Street Legend Warns: “A Strange Day Is Coming to America”
________________
2024 Political Election
Will Joe Biden be Replaced?
From Barack Obama to Gavin Newsom, people are promoting anyone but Kamala
“There are growing rumors of a possible Joe Biden replacement following his first debate against Donald Trump. …
the argument makes sense considering how dramatically Biden's odds of winning plummeted as Americans watched his performance.
However, I don't think that's what will actually happen...
Because there's a sneaky, yet 100% legal way for Biden to still win the election – without ever having to replace him on the ballot. …
Dan Ferris
Senior Analyst, Stansberry Research”
Stansberry Research
Hundreds of trillions of dollars in derivatives (side bets) threaten the US financial system and will cause a financial collapse of epic proportions. Got gold!!
“The Federal Deposit Insurance Corporation (FDIC) has warned that 63 Banks are "vulnerable" to failure due to $517 Billion in Unrealized Losses, marking a "concerning uptick" in the financial sector's instability.
Despite the claimed ‘resilience’ in the banking sector by the U.S. Federal Reserve and the Biden administration, the specter of significant financial strain looms large. Unrealized losses on securities swelled by $39 billion from the previous quarter, driven predominantly by depreciations in residential mortgage-backed securities due to rising mortgage rates.”
FDIC: 63 BANKS TEETERING ON FAILURE
Inflation caused by the Biden administrations reckless spending is causing more and more financial pain for average Americans. A great financial reset is coming!!
'SuperCore' Inflation Rises For 49th Straight Month As Spending Disappoints
Large banks are finding it harder and harder to get loans and savings from people because of inflation. Liquidity is drying up and they need this in order to make new loans. The system will fail soon!!
“We have written quite extensively over the last several years as to why it's a huge misunderstanding to believe that the largest U.S. banks will be safer than smaller banks in a systemic crisis scenario. Last week, we published an article in which we discussed that the largest banks (assets > $250B) posted the sharpest increase in the CRE delinquency ratio, according to the FDIC. The FDIC also reported that larger U.S. banks (assets > $100B) have significantly underperformed the rest of the banking sector in terms of deposit dynamics. Larger banks posted a 6.8% outflow, while community banks showed a 1% increase.”
Larger Banks Are Facing Liquidity Issues
By Avi Gilburt
People are really suffering due to high inflation caused by the Biden Administration. Here, a fellow says that a re ordering of the same items purchased in 2022 at cost $126
is now more than double at $414 today. How are people going to survive!!
“A young fellow posted a video to TikToc showing he bought a month's worth of food from Walmart in the year 2022 which cost him $126. By clicking Re-Order, he found the exact same order costs $414 today! The FedGov's Consumer Price Index numbers are all fraudulent.”
FedGov CPI Numbers FAKE! Guy Ordered from Walmart in 2022, Paid $126 . . . same order today . .
________________
Health
6 min vid. - BBC Documentary - Placebo Effect As Good As Surgery For Outcome In Knee Pain.
Videos of the Day
58 min vid. - Western Empire Facing Same Collapse as Rome in its Final Days: Martin Armstrong
00:00 Introduction
01:28 Everything is Connected
10:54 Political Shift to the Right
20:52 New BRICS Payment System
24:29 172 Year Revolutionary Cycle
34:01 The Migrant Crisis and Rome
40:12 Socrates
47:18 How Can We Use This to Invest?
59:30 min vid. - 🔴 Biden Bombs Bigly - Ep 967 - Peter Schiff
T 0:51 presidential debate
________________
Economics
US banks closed 51 branches in just three weeks - is your affected? - NewsBreak
See photos.
According to Wall Street legend Marc Chaikin, life is about to get strange, and it could have a sizable impact on your wealth.
“A massive and surprising new transition could determine the next group of millionaires,” says Chaikin, who predicted the 2020 market crash. “While leaving 99% of the public worse off than before.”
Wall Street Legend Warns: “A Strange Day Is Coming to America”
________________
2024 Political Election
Will Joe Biden be Replaced?
From Barack Obama to Gavin Newsom, people are promoting anyone but Kamala
“There are growing rumors of a possible Joe Biden replacement following his first debate against Donald Trump. …
the argument makes sense considering how dramatically Biden's odds of winning plummeted as Americans watched his performance.
However, I don't think that's what will actually happen...
Because there's a sneaky, yet 100% legal way for Biden to still win the election – without ever having to replace him on the ballot. …
Dan Ferris
Senior Analyst, Stansberry Research”
Stansberry Research
Hundreds of trillions of dollars in derivatives (side bets) threaten the US financial system and will cause a financial collapse of epic proportions. Got gold!!
“The Federal Deposit Insurance Corporation (FDIC) has warned that 63 Banks are "vulnerable" to failure due to $517 Billion in Unrealized Losses, marking a "concerning uptick" in the financial sector's instability.
Despite the claimed ‘resilience’ in the banking sector by the U.S. Federal Reserve and the Biden administration, the specter of significant financial strain looms large. Unrealized losses on securities swelled by $39 billion from the previous quarter, driven predominantly by depreciations in residential mortgage-backed securities due to rising mortgage rates.”
FDIC: 63 BANKS TEETERING ON FAILURE
Inflation caused by the Biden administrations reckless spending is causing more and more financial pain for average Americans. A great financial reset is coming!!
'SuperCore' Inflation Rises For 49th Straight Month As Spending Disappoints
Large banks are finding it harder and harder to get loans and savings from people because of inflation. Liquidity is drying up and they need this in order to make new loans. The system will fail soon!!
“We have written quite extensively over the last several years as to why it's a huge misunderstanding to believe that the largest U.S. banks will be safer than smaller banks in a systemic crisis scenario. Last week, we published an article in which we discussed that the largest banks (assets > $250B) posted the sharpest increase in the CRE delinquency ratio, according to the FDIC. The FDIC also reported that larger U.S. banks (assets > $100B) have significantly underperformed the rest of the banking sector in terms of deposit dynamics. Larger banks posted a 6.8% outflow, while community banks showed a 1% increase.”
Larger Banks Are Facing Liquidity Issues
By Avi Gilburt
People are really suffering due to high inflation caused by the Biden Administration. Here, a fellow says that a re ordering of the same items purchased in 2022 at cost $126
is now more than double at $414 today. How are people going to survive!!
“A young fellow posted a video to TikToc showing he bought a month's worth of food from Walmart in the year 2022 which cost him $126. By clicking Re-Order, he found the exact same order costs $414 today! The FedGov's Consumer Price Index numbers are all fraudulent.”
FedGov CPI Numbers FAKE! Guy Ordered from Walmart in 2022, Paid $126 . . . same order today . .
________________
Health
6 min vid. - BBC Documentary - Placebo Effect As Good As Surgery For Outcome In Knee Pain.