All Episodes
Previous Next
Nov. 27, 2023 - X22 Report
21:58
Ep 3221a - Biden Admin, Economy On Right Track, Right On Schedule, People System Prepped & Ready
| Copy link to current segment

Time Text
I'm out.
I'm out.
My name is Dave in this episode 3,221 and today's date is November 27th, 2023.
And the title of the episode is Biden Admin Economy on Right Track, Right on Schedule, People System Prepped and Ready.
Let's talk about protecting our wealth.
Are you new to investing and have savings you need to protect?
Right now, with the Middle East war, the Ukraine war, maybe Taiwan soon, you need a new playbook that's safe.
Allocate some gold now and avoid the frenzy panic of the unprepared.
When fear reigns, gold protects the wise.
Noble Gold Investments offers a free 5-ounce America the Beautiful coin with new IRAs this month.
Shield your savings with the Noble Gold Investment IRA.
Go to x22gold.com.
That is x22gold.com, the only gold company I trust.
Let's get right into the economic collapse financial news.
Now the deep state, the corrupt politicians, the Private Western Central Bank, the World Economic Forum, they are now heading down the path that the patriots thought they would head down because they have no other option.
Think about it.
Go back to the very very beginning.
They told everyone we needed the Inflation Reduction Act.
We needed to control inflation.
Because first they told us there was no inflation.
They said it was transient.
It would just disappear.
And then all of a sudden they said, oh, no, no, we need to reduce it.
So we needed to pass this Inflation Reduction Act, which had nothing to do with inflation.
It had to do with the Green New Deal.
Now, Trump and the Patriots knew if they went down this path and they pushed their agenda to bring us into this Green New Deal, they were going to get rid of fossil fuels.
They were going to try to change everything and they were going to destroy the economy in the end, because part of this plan was to bring us into the Great Reset.
So they started down this path and they can't back out of it right now because they told us if we did these things the economy would flourish, inflation would go away, everything would look great.
But the problem is is that none of that is happening.
Now since they said that and they told everyone that everything was going to look great they can't Stop saying it.
They have to continue on.
Can you imagine going into the 2024 election and all of a sudden they turn around and go, hey, by the way, guys, yeah, you know, we told you the Inflation Reduction Act was going to help the situation.
You know how we told you that jobs were going to be created and the Green New Deal is going to be great?
Well, we were wrong about that, and it's not going to look too great going into the 2024 election.
Hey, before I forget, X22 just launched its second drop called We The People.
It is now live.
All you need to do is go to x22store.com.
This launch consists of all new items.
Everything is going to be limited quality.
These are all new designs that you've never seen before and they're going to blow your mind.
Head over to X22Store.com, that's X22Store.com, or visit X22Report.com and click on the banner, or just go to the description down below and click on X22Store.
It'll bring you right over to the store.
On Monday, November 27th, we'll be unveiling the mystery merch.
So head on over to X22Store.com, that is X22Store.com, or click the link in the description.
Well, once again, if they went down that path, do you think that people would vote for them?
Absolutely not.
So Trump and the Patriots, they knew they were going to follow this path.
They knew they would have to stick to that narrative.
And as we go through 2024, Trump and the Patriots, they're going to use it against them.
And that's what we see happening.
And they are right on schedule because they have no Alternative but to say the economy is absolutely incredible even though the people see something completely and utterly different.
Now they can try to blame this on Trump but when the system completely and utterly crashes which I do believe is going to happen probably very very close to the elections in 2024 I do believe the market's going to come down and that is going to be the signal that we have major major problems.
Now of course during this period of time the Biden administration They're going to continually tell everyone that everything is great.
How is that going to look as we approach 2024?
Are the people going to be pissed off?
Are they going to know who's responsible for all this?
Absolutely.
They're going to realize these people are morons.
They have no idea what they're doing.
And that's what people are starting to notice.
Not just with the economy, but with the Green New Deal.
Because when you look at California, California is the template for everything that's going on right now.
And right now California, they're trying to go all electric.
They're trying to get rid of fossil fuels.
Remember they have this mandate to get rid of all fossil fuel cars by 2035.
So they need to prep and get everything ready for all their electric cars.
But they're going to have a problem because they need a lot of electric chargers and every single electric charger is not the same.
Right now they have about 94,000 public chargers.
The state has fallen behind its goal of 250,000 public chargers by 2025 and potentially 10 times that number by 2035 when the ban on new gasoline powered cars takes effect.
There's no consensus on the amount of public charges that will be needed.
According to California Energy Commission assessment, California will need more than 2.4 million public charges to accommodate about 15.5 million electric cars, trucks, buses by 2035.
That breaks down to 2.11 million charges, including 83,000 fast chargers to support 15.2 million electric cars, as well as 256,000 depot charges and 8,500 public chargers for 377,000 trucks and buses.
The 2.4 million chargers would serve only half the registered vehicles in the state.
Many more will be necessary to complete the second half of the transition, from 15.5 million EVs to more than 31 million EVs by mid-century.
Those charges will have to be installed at curbside parking lots, parking decks, grocery stores, restaurants, convenience stores, big box stores, office buildings, strip malls, shopping centers, movie theaters, and other locations so that drivers always have ready access to plug in.
By comparison right now, California now has about 11,000 gas stations, convenience stores, and other businesses that sell gasoline, which translates into about 110,000 individual gas nozzles.
And according to an estimate by Jeff Leonard, Vice President of Strategic Industry Initiatives at the National Association of Convenience Stores, that means the transition from fossil fuels to electrons will require California to install at least 20 EV charging ports for every gas nozzle by 2035.
And not all chargers are equal.
So the new EV infrastructure will require significant changes in driving habits.
While so-called fast chargers can bring a battery up to 80% of capacity in under an hour, most of the new public chargers will be cheaper Level 2 technology, which provides between 5 miles and 60 miles of range for each hour of charging and is impractical for charging up quickly on a road trip.
So once again, when you start to look at this and you start to step back and you start to look at what they're trying to do here, people will not be able to travel anywhere.
They'll be able to go short distances and this will be a complete and utter nightmare.
Compared to what we have today.
And actually this is part of their plan.
Because when you look at their plan, their plan was to have the entire population reduced.
They didn't want this many people.
They wanted everyone in 15-minute cities.
And they really didn't want people using the EVs.
Yes, there'll be a couple of them around, but not what we have today.
This is why Klaus Schwab was out there saying that we're going to turn the highways into parks.
Well, why would he say that if everyone's driving around in an EV?
Because they know that's not their ultimate plan.
Their ultimate plan is not to have this many people and not that many EVs.
They want everyone to stay in their little tiny city.
Period.
The end.
That's called control.
That's keeping the herd of people where they want them.
Almost like a Rancher, when they have cattle, they bring them into different locations.
This is exactly how they consider all of us.
But the people aren't buying this.
The people are fighting back.
And we see this around the world.
Actually, the French, the French farmers, they're protesting the government's agricultural policy.
We see the people in the Netherlands are doing this.
Spain is up in arms because socialism isn't working.
And we see nationalism Starting to take root and it's starting to grow now across the world and it's getting worse and worse for the deep state players, for the central bank and the World Economic Forum.
If you look out in the Netherlands, Gert Wilder's victory in the Netherlands is going to send the greeny agenda Off the cliff, because he is not for it whatsoever.
So this is going to be a complete and utter disaster for the deep state players, the Central Bank, the World Economic Forum, because you can see the world now is changing because they see the policies, they see what they're doing, and it doesn't work.
Here in the United States, that's exactly what people are seeing.
They're seeing that as we go down this path, this entire agenda that they're pushing on us is not going to work.
It's going to fail.
And when people see California completely and utterly fail, people are going to know, you know something, we don't want that whatsoever.
And we could see that the economy is failing as they push their agenda and the people are watching the economy very, very closely.
Those business owners, they realize that, hey, sales are coming down.
Things aren't looking that great.
We could see the holiday season, even though they're trying to convince everyone that everything is fantastic and people are, you know, buying like crazy.
But you have to remember how people purchase.
All they're doing is creating more and more debt, which means there's going to be a rude awakening when we enter 2024.
So this Black Friday, online buying hit a record of $9.8 billion in the U.S., $70.9 billion globally.
But the thing they didn't tell you about is, yes, a lot of people are putting this on their credit cards, but a lot of people are taking advantage of the buy now, pay later option.
It's almost like going back to the 70s when you had that layaway option where you say, OK, I want that item, but what I'm going to do is I'm going to lay it away and I'm going to make payments over time.
Until it's paid off and then I can have that item.
That's what the people are doing right now.
So the consumers, they were gobbling up electronics, smartwatches, TVs, audio equipment, and everything else.
And they resorted to buy now, pay later.
Let's talk about protecting our wealth.
Are you new to investing and have savings you need to protect?
Right now, with the Middle East war, the Ukraine war, maybe Taiwan soon, you need a new playbook that's safe.
Allocate some gold now and avoid the frenzy panic of the unprepared.
When fear reigns, gold protects the wise.
Noble Gold Investments offers a free 5-ounce America the Beautiful coin with new IRAs this month.
Shield your savings with the Noble Gold Investment IRA.
Go to x22gold.com.
That is x22gold.com, the only gold company I trust.
Now this is going to be a complete and utter nightmare as we move into 2024, because you know what happens?
Yes, the holiday season, it makes you want to buy things.
You feel happy, like, oh yeah, I'll get this.
I'll worry about that later.
But what happens when we roll into 2024?
And there are layoffs and all of a sudden people start to lose their jobs and things get a lot worse, which I do believe is exactly what's going to happen.
And you have to remember something very important.
25% of Americans are still paying off 2022's holiday debt.
So this is coming from Wallet Hub.
They did a survey and they asked the people, hey, how's this holiday season going?
Well, more than 1 in 3 Americans are forgoing gifts this year due to inflation.
Nearly 1 in 4 Americans still have holiday debt from last year.
Nearly 1 in 5 people will apply for a new credit card to help with holiday shopping.
Inflation is impacting everything, and the people feel it.
28% of people will spend less than last year on their holiday shopping.
And when you look at what's happening right now, you can see that this is going to take its toll In the new year.
Now, we've seen this before.
This is nothing new.
If you go back to 2008, 2009, 10, 11, you saw the same exact thing.
But I think this time it's a little different.
And as we go through 2024, we're going to see things really start to break down quite quickly, even though the Biden administration is telling us that everything is fantastic.
Because when you look at what the Fed is doing where they're raising rates because we've never seen something like this only if you go back before 2008 but since that period of time since the Great Recession we've had very very low interest rates actually across the world in some places they were negative.
Now they're continually increasing the rates and it is actually destroying Their entire system.
Well, that's the whole point.
Their whole point is to destroy their old system to try to bring us into their new system.
And this is what it looks like when they're trying to do this.
And of course, what are they doing?
They're lying to the people, letting everyone think that this is okay.
Remember, they never wanted the people to actually see this.
They wanted the people to actually have some type of catastrophic event where they were too busy to even know that something was taking place.
But once again, the people are awake, the people see what's going on, and they're running into problems right now.
And if you look at home sales, home sales, well, they're not doing too well.
The Mortgage Bankers Association Index of Home Purchase Applications tumbled to 120, the lowest since 1995.
And mortgage rates, they're hitting 8% for the first time in 23 years.
So this is a complete and utter disaster.
And when you look at new home sales, they plunged to 5.6% month on month, making it even worse.
The 12.3% month on month jump in September was revised down to 8.6%.
And this is how they play with the numbers.
They continually play with the numbers over and over and over.
And as we move into 2024, I do believe we're going to see a lot of things start to break down.
And we're going to see a lot of banks close, which we'll be talking about in just a sec.
But we can see right now that the cities that have been taking in the illegals They're going to be running into a major problem during this winter, because there's going to be no housing for them.
So as temperatures drop, and most of these people are sleeping out on the streets, it's going to be a complete and utter disaster, which means it's going to put a lot more strain on these cities, which means a lot of the people that are expecting certain things, those people that are citizens, those people that are homeless, who are citizens of this country, they're going to have a very difficult time.
So we could see that everything is starting to build and we see that banks now, they are now closing their branches.
America's sixth largest bank announced closures of about 19 additional branches nationwide after closing 203 branches in 2023.
And this is PNC.
They've confirmed that they're closing 19 more branches and we're going to see this throughout the country and we're going to see it with the major banks because I do believe in the end these banks are going to have a major, major problem.
And as we move forward, we know why they don't want the banks around eventually, because they're going to try to bring us into the central bank digital currency.
If they're bringing us into the central bank digital currency, who controls pretty much everything?
That's the Federal Reserve.
Do you need all these banks then?
Most likely not.
Now, is this going to work in the end?
Absolutely not.
The people are watching.
The people understand.
They see what's going on.
And all you need to do is follow this path.
Allow the Biden administration, the Fed, the World Economic Forum, do what they do best.
Why interfere with them while they're in the process of destroying themselves?
Let them push the Green New Deal.
Let them push the Great Reset.
Let the people see the truth.
Let the Fed, let the Treasury, let the Biden Administration continually say that they're on the right track, everything is fine, they got it under control.
Because in the end, when everything falls apart, that's when people are going to know the truth.
That's when people are going to understand what's really going on here.
And right on schedule, we had the White House Economic Advisor, Jared Bernstein, he said that the economy was moving on the right track.
Now you really need to think about this for a second.
When they say this to all of us, oh, we're on the right track, you really need to actually think about what they're saying.
When they're saying it, are they saying that their mission to bring us into the Great Reset, the Green New Deal is on track?
You see, just because they say, oh, look, we're moving on the right track, the economy.
See, in their minds, they're like, yeah, this is the right track.
We want to destroy the economy.
We want to bring people into the Green New Deal.
We want people to lose their wealth.
We're on the right track.
That's what they're really saying.
But this is going to be used against them in the end, because in the end, the people are going to see and they're going to realize when the actual system completely and utterly falls apart, They're going to realize that they're the ones who are responsible.
And remember, they were planning on doing this with some type of an event.
Now they're out in the open.
Now people can see what they're doing.
And this is going to be a complete and utter nightmare for them.
Because remember, wages are not keeping up with what's going on here.
Business owners, they see a problem.
They see sales declining.
And they're seeing that, hey, I can't give increases in salary because we're barely making ends meet.
And the business owners, they realize it way before the employees.
See, the employees, most of the time, they don't realize something's happening because they don't see the numbers.
They don't see any of that.
So they're going about their business.
They're working until one day, all of a sudden, the company decides, you know, okay, we can't We're going to have to start, you know, cutting costs here.
And one way to cut costs is to let people go.
That's when people start to realize there's a problem.
And I do believe we're going to start to see this in 2024 as we go through 2024.
And people are getting laid off.
The Biden administration is going to continually say that everything is great.
The people are going to say, how can this be great?
I know so many people that lost their jobs.
And as we approach the elections of 2024, I do believe probably in the month of September, October.
We're going to see the market take a dip and people are going to start to realize that we have a major problem.
I mean, we saw this back in 2008-2009 when McCain was running against Obama.
McCain was telling everyone that the economy is great.
Obama was saying, no, it's not.
And what happened?
The economy crashed.
McCain didn't have a chance and Obama took the win.
I do believe the same thing is happening right now.
The Biden administration and whoever else is going to be running in the presidential election, if he doesn't run, they're going to continually say that everything is great.
Because if they say, hey, by the way, the economy is awful, it's failing, and Biden didn't do a good job, well, that's going to hurt them in the long run because they're part of the same party.
That's going to be a little ridiculous.
So they're going to have to keep this narrative up, telling the people that everything is fine.
And this is going to destroy them in the end.
And I do believe Trump and the Patriots, they're going to use this to their advantage because it's going to be very, very easy for the people to see who the liars are, who's been telling them these falsehoods this entire time.
Why would you actually believe or do what they want if they lied the entire time?
And now you have no job, you lost your wealth, and everything is a disaster.
Well, the majority of the people, they're not going to go with them.
See, Trump and the Patriots, they knew this.
They knew that this was going to happen this way.
They knew what their plan was, and they knew as they went down this path and the Fed was raising rates, it was going to destroy their own system.
The Green New Deal was going to destroy states who are pushing this agenda, and it was going to destroy countries around the world who are pushing this.
And I do believe Trump, the Patriots, they knew this, and the people needed to see it.
And once the people see it, I do believe this is when they can step in and then shift everything in a completely different direction where we're going to actually make the economy look great.
And I don't think it's going to take that much time.
I think once we start the process of seeing who's responsible for this What did the central bank, what were they involved in?
Do we need the Federal Reserve?
Should we go back to the Constitution?
Because remember, right at this point, the Federal Reserve, they're at their weakest.
The central banks around the world, they're at their weakest.
What are they going to do?
Say, we're going to destroy the economy?
No, they can't do that.
Yes, they could try to bring us to war, which I do believe they're going to try to do.
But again, they're at a disadvantage because they don't have the leverage anymore.
And I do believe Trump and the Patriots, they're going to use this leverage and use it to shift us away from their system into a people's system.
And it looks like we're getting closer and closer to that, and we're going to see this all play out in 2024.
Listen everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
▲
Export Selection