The Credit Cycle Has Shifted, The Last Time We Saw This You Know What Happened (Video)

The Credit Cycle Has Shifted, The Last Time We Saw This You Know What Happened Video – X22 Report

Canadian existing home sales crash in June. Sear Canada pays out huge bonuses while laying off workers. Millennials are leaving Illinois in droves. Auto defaults soar and so do delinquencies. Companies complain they can’t find qualify employees but wages continue to drop. NY Fed Manufacturing tumbles. Banks are pulling the plug, credit is shifting and loans origination’s are stalling. Trump cuts the White House budget and the central bankers are getting very worried about what Trump is doing in regards to the banking sector.


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Dave’s Bio: I am 49 years old and I have children. I lived in NY and I was there for 911 and the North East blackout. I lost my job in 2008 and was laid off. Since 2008 I have been prepping. My wife, kids and I try to eat organic and we try to avoid all chemicals in foods. We make our own bread, food and pizza from scratch. I have a technology background and have worked for large financial institutions. My main job was securing the systems from viruses and hackers and maintaining the trading systems so the money flowed from system to system. I have tried talking to friends and relatives about what was going on but every time I talked about the government, FED and the economic collapse they looked at me like I was crazy. I decided to start a website and broadcast to the world what was going on. I didn’t really think that anyone would really listen to what I was saying when I started it was just a way to get the word out and get it off my chest. I realized as the cost of everything continually increases it is getting harder and harder to live the life of my parents and grandparents. I realized if we all don’t do something our children will not have the opportunities and freedoms the way the founding fathers envisioned.