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June 23, 2023 - X22 Report
16:40
Ep. 3100a - Green New Deal Failing, Credit Drying Up, Restructuring Coming
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Music playing.
Music playing.
You're listening to the X22 Report.
My name is Dave.
This is episode 3,100 AM.
Today's date is June 23rd, 2023.
And the title of the episode is Green New Deal Failing, Credit Drying Up, Restructuring Coming.
Let's talk about our health.
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Order today by going to ketowithx22.com or by clicking the link in the description down below.
Let's get right into the economic collapse financial news.
Now, the deep state, the corrupt politicians, the private What's the Central Bank, the World Economic Forum, they have been brought down this path, the path of their destruction.
Because the patriots knew from the very, very beginning they were going to bring the entire world, or they were going to try to bring the entire world, into the Great Reset, the Green New Deal.
And they knew that they were going to have to destroy the economic system to do this.
And they knew, and I'm talking about the patriots, they knew that they were going to either use a war, a pandemic, a cyber attack, or a combination of a cyber attack and a war.
Because the patriots knew that this system was dying.
This system only lasts a certain period of time.
And if you look back in history and you look at the central bank system, it only lasts anywhere between 40 and 50 years.
Yes, you can kick the can down the road.
But what happens is that people start to realize there are major, major problems.
And there's just so much you can do.
You can keep the economy alive.
That's not a problem.
The problem is the people waking up, the people starting to realize that their currency is worth absolutely nothing.
And that's when it all fails.
So what did Trump and the Patriots do?
They just went ahead and they accelerated everything.
They said, you know something?
Let's push inflation.
Let's push higher fuel costs.
Let's show the American people.
And it wasn't Trump and the Patriots doing this.
He said, let the resident in.
Let the central bank push their agenda of bringing us into the Great Reset, the Green New Deal.
Let them try to bring everyone from fossil fuels to green new energy because they knew that once the country was an energy independent, the entire thing would start to fall apart because you need the energy to create.
You need the energy to produce.
You need the energy for the economy.
And By making energy very, very expensive and trying to shift everything into the Green New Deal, well, that is going to be a major, major problem.
And that is exactly what everyone is seeing and witnessing.
So the Green New Deal right now is completely failing, especially with all their predictions where they were scaring the American people into believing the world was coming to an end.
And none of it ever, ever happened.
And the people now are seeing the truth of the matter.
And the people are saying, you know something?
We no longer believe you.
So the deep state, the central bank, the World Economic Forum, they're becoming very, very desperate right now.
Why?
Because the people are awake.
The people can see what's going on.
The people understand that everything that they're pushing right now doesn't make any sense.
It's not going to help the economy.
It's not going to help the people.
It's actually going to do the opposite.
Right?
And that's what people are seeing.
And we can see the Green New Deal, well, it's having major, major problems.
But people aren't buying what they're selling.
Actually, Unusual Wales put this out on Twitter, said the following.
Lithium producers are growing anxious that delays in mine permitting, staffing shortages, and inflation may hinder the ability to supply enough of the battery metal to meet the world's aggressive electrification timelines.
So right now, they're already having a problem.
And remember, all they're doing is shifting everything from fossil fuels, where the cars actually make the exhaust, they're just shifting it to the back end.
They're just shifting it away so you just don't see it.
And this is what they love to do.
They love to create an illusion so you don't see it.
Oh, see?
The electric cars, there's no pollution here.
There's nothing.
There's no exhaust.
Yeah, but Think about the slave labor that's digging up these materials.
Think about how much oil it takes to mine these materials and then put the batteries together.
Think about the gas-powered, coal-powered electrical plants that are creating the energy.
All they did was shift everything from where you see it to a place where you don't see it.
That's all they did.
And we know in the end what they want.
They want all the resources to themselves.
They want us to eat bugs.
They want us to use wind and solar because they know that's not part of their energy source.
Their energy source is fossil fuels.
Their energy source is everything else that they don't want us to use basically.
And with food, you can see they've been trying to shift everyone away from real food.
They've been trying to shift everyone away from real butter.
Everyone shift away from real eggs.
Everyone shift away from real vegetables, meat, and everything else like that.
But what they're creating...
Isn't a benefit to the people.
And the people are starting to realize that all these Beyond Meat burgers and all these goopy stuff that they put together and they tell you it's good for you.
Well, that seems like it's completely failing.
Wall Street Silver put this out and said, they are all failing one by one.
Unreal food ended its pursuit of an egg, eggless egg.
Remastered food stopped developing vegan bacon.
The meatless farm halted its plant-based sausages.
It's all falling apart because people are starting to realize what they're creating right now is chemical goop.
That's all it is.
It's almost like when you go back in time and they said, listen, butter is really bad for you.
You know what you got to eat?
You got to eat margarine.
That's a lot healthier for you.
And margarine was actually white.
They had a color of yellow.
And that's just chemicalized goop again.
And they tried to trick everyone into moving away from real food.
And this is what they've been doing.
Actually, if you look at a supermarket, almost everything in the middle of the store, box can, you name it, it's all chemical goop.
Read the labels.
They don't want you eating the fresh stuff.
They don't want you eating real meat.
They're trying to shift everyone away from that and eventually bring everyone into eating bugs as protein.
But do you think this is going to work?
Absolutely not.
The people aren't buying what they're selling.
Everything the World Economic Forum has been trying to do, everything the deep state has been trying to do is completely failing.
And the only reason that's failing is because the people are waking up in droves.
There is no event, even though they're going to try to push an event, but since there is no event, their entire mission is completely falling apart.
And even if there is an event, which I do believe they're going to try to do something, like it's probably a cyber attack, the people aren't going to buy what they're selling.
Because all they've got to do is look back in history, and they look at the pandemic, they look at everything that they've been doing, they understand who's responsible for the economy falling apart, and the people aren't going along with the central bank digital currency.
So basically, the Central Bank, the World Economic Forum, all of this is against them.
Right now, they have nothing for them except fear.
That's all they have.
But you can see the economic system is breaking down.
Now, if you really think about it, Trump and the Patriots talk about our health.
Americans' motivation for fitness has never been higher than this summer.
A shocking 42% of Americans have stated they want a beach body, many of whom are switching to a keto diet to reach these health goals.
To help reach these goals, I highly recommend taking this amazing keto powder.
It is one of the most popular keto supplements on the market because it helps give you benefits of elevated ketones even without following a highly restrictive keto diet, which means you don't have to eliminate carbs.
It's specially formulated to help boost metabolism, control appetite, and heighten energy levels.
Try it today to receive 51% off plus several other free bonuses.
Order today by going to ketowithx22.com or by clicking the link in the description down below.
They knew they had to destroy the central bank system.
They knew that we couldn't continue with the central bank system.
So how do you destroy it?
If Trump was in office, can he just say, okay, you know what?
We're gonna get rid of the central bank.
We're gonna move everyone into a people's economy.
We're gonna create our own currency.
What do you think the central bank would have done at that point?
They would have created havoc in the economy.
They would have brought everything down and crashed it.
in a moment's notice.
They've done this before.
This is not the first time.
How do you think we got the central bank in 1913?
Because things were really bad.
They kept bringing the system down, crashing the markets.
They used fear before 1913.
And they kept doing it.
And they had to convince the public and the representatives and everyone else that, no, we need to centralize the fiat currency.
We need to centralize the currency.
And that's how they push this on every single person.
So Trump and the Patriots, they knew that if they went directly at them and they brought the system down and they transitioned everyone into a new system, the central bankers around the world, they would have just crashed the system on Trump's watch.
So Trump and the Patriots said, you know something?
They want to bring their system into the Great Reset, the Green New Deal.
They were going to do it no matter what.
Let them do it under their watch.
Let them be accountable for all of this.
Let the people see the truth of what is really going on.
And we can see that the people, they're having a very, very difficult time.
As we experience inflation, as we experience higher energy costs, as we experience the devaluation of the currency, which is inflation, the people start to realize I can't survive.
And if they can't survive using their cash, what do they do?
They resort to credit cards.
Because you need the credit to survive.
Why do you think they introduced credit cards back before 1971?
They started out with gas cards.
Then they went into MasterCharts.
They changed it to MasterCard.
They introduced Visa.
Then you had American Express.
And people started to live off payments.
They had to pay...
For everything, almost, through payments.
And it got worse and worse as time went on.
Today, if you go to a store, you could actually, if you look into phone stores, you can see you could pay full price or you can pay this out over time.
And the reason for that is because the currency value has declined rapidly.
So today, everyone is resorting to credit because when you have inflation, you can't afford everything.
And if you lose your job, you need to use some other form of money or currency to purchase these items.
And the only thing that people have is credit cards.
So they need to use credit.
And what we're seeing right now, if you go back to the pandemic period of time in 2020, people weren't working.
People weren't really out there shopping.
They weren't really doing much of anything.
So what happened was...
The credit card delinquency, that fell over time.
But now, all of a sudden, it's starting to pick up again.
It's only at 2.43%, but it's starting to increase, and it's going to continue to increase over time.
Actually, if you go back to when we were in a recession in 2008, 2009, The credit card delinquencies hit between 6.5% and 7%.
And I do believe we're on our way where people are going to start to struggle, especially when people start losing their jobs.
Now, what's very interesting is that we can see the Biden administration, they are pushing the Green New Deal like we've never seen before.
Wall Street Silver put this out and said the U.S. government gave Ford $9 billion loan for electric vehicle batteries.
And now Ford is preparing for a new round of layoffs for U.S. salary workers.
So right now, they got a loan to create EV batteries.
Ford is now laying off people.
And we are seeing many, many other companies.
They are laying off people, which means the recession is going to continue on as layoffs continue and as the entire system completely falls apart.
The people are going to start to realize there's major, major problems in the economy.
And remember, there's now the student loan payments coming up, and a lot of people have to lay out this money.
And the other thing that we're starting to see, and we've seen this before in other recessions, where all of a sudden credit dries up.
WallStreetSilver put this out on Twitter, said the following, as rates rise and the economy slows, banks tighten their credit lending standards out of fear of higher loan losses.
If the credit to the economy dries up more than anticipated, then the slowdown might accelerate.
A credit-starved economy is no bueno.
And when you look back in time, if you go back to 1974 or 1980, 2001, 2007, you can see these are all the time periods when the recession happened.
And what happened?
We saw credit dry up.
Now, what's very interesting, in 2007, we had a rate about, on the graph, if you look, about 200.
We're already at 154 right now.
So this is very interesting.
And we're going to have to watch this to see how this all turns out because we can see that once credit dries up, well, the economy really starts to fall apart.
And this is when people start to realize what's really going on.
And if you remember going back to 2007, 2008, 2009, we had a major problem in the real estate industry.
We can see that all those people that were giving out loans and all the credit shops and everything, that pretty much dried up.
And it seems like we're heading into the same exact territory once again.
And when you start to put all this together and you start to see what's really going on here, and you see there's inflation, you see there's higher fuel costs, you see that credit is beginning to dry up, you're seeing delinquencies are starting to move up.
Now we have The individuals that have student loans, they're going to have to start to pay this back.
You can see this is a recipe for disaster.
And when you look at the earnings of the companies, well, they're not doing as well as everyone thought.
And now we're starting to see layoffs.
And I do believe this is going to pick up and this is going to continue on.
And basically what's going to happen as the economy continually degrades and falls apart is The Central Bank, the World Economic Forum, they need to do something to cover up for the collapse of the system because they're not going to just stand there and say, oh, look, the system collapsed.
Anybody want the Central Bank digital currency?
Anybody want to go into our new system?
No, no one's going to do that.
Because they're going to say, well, you just controlled this system and it collapsed.
Why would we go to your other system?
So I do believe what Trump and the Patriots are doing, they're waiting for the crisis because this is going to be at a point where the central bank is at its weakest.
Because really think about it.
If the world is experiencing a collapse of the system, the central bank right now is at its weakest point.
And I do believe Trump, the patriots, are going to use this to their advantage to actually point out, look what has happened here.
We can't continue with this.
And this is why Trump is coming out with solutions.
And I do believe what's going to happen is that he's going to call for restructuring of the system.
And I do believe the Federal Reserve is going to be restructured, and I do believe we're going to be going back to the Constitution where we're going to have sound money once again.
And it seems like we're heading in that direction, and it's approaching very, very quickly.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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