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Feb. 5, 2024 - X22 Report
15:59
Ep 3275a - Trump Suggests He Will Place 60% Tariffs On China, Powell Ready To Rate Cut, Timing
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I
I I You're listening to The X-22 Report.
My name is Dave and this is episode 3275A and today's date is February 5th, 2024.
And the title of the episode is Trump suggests he will place 60% tariffs on China.
Powell ready to rate cut.
Timing.
Let's talk about protecting our wealth.
Hey, have you taken a good look at the banks lately?
On the surface, everything looks fine.
But there's a whole lot more going on underneath.
It's like looking under the hood of a car, finding a mess of broken wires and parts.
The parts are loans for homes, cars, and those credit cards we all use.
They're hitting record highs.
It's kind of scary when you think about it.
Why risk your money for a tiny 5% return when things are so shake?
This is where noble gold investments can help.
They're like that old friend who knows all about keeping money safe.
They suggest gold and silver.
Oldies but goodies in the finance world.
Plus, they've got a sweet deal.
A free quarter-ounce gold standard gold coin this month if you qualify.
Pretty cool, right?
If you're curious, just give them a call at 877-646-5347.
It's just a chat.
No pressure.
They'll help you figure out if gold and silver are right for you.
Or visit x22gold.com and take the first steps towards a safer financial future.
Or click the link in the description.
Let's get right into the economic collapse financial news.
Now, the Deep State, the corrupt politicians, the Private West Central Bank, the World Economic Forum, their entire movement is completely and utterly falling apart right in front of their eyes.
We can see that they messed with the farmers.
Remember, they're the ones who are growing the food for their country, for the world.
And when you mess with the farmers, well, you're kind of screwed.
And they're finding that out, and they're finding that out very, very quickly.
But we could see the Green New Deal.
That is going nowhere because all their talk, all their predictions, everything that they've been saying hasn't been coming true.
And they've been telling us that the world has been warming and everything's going to melt.
But actually the opposite is happening right now.
Actually, for the first time in 25 years, a layer of ice is over the sea in the Gulf of Trieste.
And this thin layer of ice formed over this area and the last time people have seen this was 25 years ago.
So now we have ice forming while the Deep State, the Central Bank, the World Economic Forum has been telling us that we're in A global warming period of time.
So once again, everything that they've been telling us is actually the opposite.
And the people they're waking up, they're seeing, they're understanding, and they are now trapped in their own agenda and the people aren't going along with it.
Look what's happening out in California.
They're trying to push DEI and Equity and everything else, but once again, the people are listening to this and they're saying, okay, this is just socialism right off the bat.
And you could see out in California, every policy that they push, the people are going to push back very, very hard.
So what are they trying to do out in California?
Well, Newsom, he's trying to push this forward where he wants to base your electricity bills on income versus usage.
Now he's getting a lot of pushback even from the Democrats right now.
So let's figure this out.
If you're someone that has a business and you make a very good living.
They're going to charge you a lot more.
Why?
To pay for everyone else's electric bill.
That's pretty much what it is.
Those people that make a very low income, they won't have to pay that much.
So basically, it's socialism.
Actually, you can compare this to someone in college.
So let's say there's someone that's studying very, very hard.
They get really great, incredible grades.
All A's.
And those people that aren't studying that hard, They're getting C's, D's, and basically what they're saying they want to do is they want to take those people that work really hard.
They want to take those grades and actually give you a B and give the other part to the other people so they can push their grades up.
So once again, in California, those people that have businesses, those people that work really hard, those people that are making a very good income, they would be paying for everyone else.
Basically, that's socialism right there.
And this is what they're trying to do.
They're trying to push this saying this is you know part of DEI equitable and all this other crap and the people aren't going along with it and even the Democrats are saying you know what this doesn't make any sense whatsoever and I do believe in the end if they actually try to push and they actually get this approved this is going to destroy California like we've never seen before because what happens if all the wealthy people decide you know something I'm not staying here.
I'm moving my business out.
I'm not staying in California.
I'm not being billed for stuff that I don't even use so other people, they can maybe not even work, get their electric paid and whatnot.
So you're going to see a lot of people making good incomes.
A lot of businesses saying, you know what?
Enough's enough.
We're not doing this anymore because we're paying for everyone else.
And we can't afford this because what do you think is going to happen when these companies and these people employ a lot of people?
This is going to destroy their businesses in the end.
And why do you think there's a lot of businesses that are moving out of California right now?
Because they're experiencing all of this because they understand that this is not sustainable.
And in the end, if they actually go through with this, this is going to be a complete and utter disaster, just like what's happening with the economy right now.
The economy is a complete and utter disaster.
It is completely falling apart right now.
And we can see that the Fed, they are timing this perfectly because they know they have to cut their rates, but they don't wanna do it too soon because they know what happens when they do it too soon.
Everything starts to fall apart and people start to notice.
So they're probably gonna start to cut rates much, much closer to the presidential election to try to help Biden.
And I wouldn't be surprised if they start doing this maybe sometime in the summer.
And you can see right now, the Fed, they're already out there letting everyone know they're not gonna be cutting rates in March.
I do believe that's way too early for them.
I do believe they want to wait because they want to prop up the stock market as best they possibly can, but they know eventually what's going to happen is the entire system is going to come crashing down.
And I don't think they want this to happen too soon.
Let's talk about protecting our wealth.
Hey, have you taken a good look at the banks lately?
On the surface, everything looks fine.
But there's a whole lot more going on underneath.
It's like looking under the hood of a car, finding a mess of broken wires and parts.
The parts are loans for homes, cars, and those credit cards we all use.
They're hitting record highs.
It's kind of scary when you think about it.
Why risk your money for a tiny 5% return when things are so shake?
This is where noble gold investments can help.
They're like that old friend who knows all about keeping money safe.
They suggest gold and silver.
Oldies but goodies in the finance world.
Plus, they got a sweet deal.
A free quarter-ounce gold standard gold coin this month if you qualify.
Pretty cool, right?
If you're curious, just give them a call at 877-646-5347.
It's just a chat.
No pressure.
They'll help you figure out if gold and silver are right for you.
Or visit x22gold.com and take the first steps towards a safer financial future.
Or click the link in the description.
Because that would look ridiculous if they started to cut rates right now and the system came down in the summer.
This would actually destroy Biden and whoever else is running because we do believe that he's going to be dropping out and there will be a change of batter.
But if this does crash way before the elections, this is going to be a major problem for the deep state players.
So what they got to do is they got to time it right to make sure that the system doesn't come down before the presidential elections.
So this way they can say look look at the market look at the market but what I think is going to happen is they're going to cut rates most likely probably in the summer and they're going to have the market probably come down right before the presidential election something that they hope to avoid but again they have to time this very very carefully because they need the market to move up they need this bump And they have to make sure that they're not going to crash the entire system.
So how do you do this?
You got to be very, very careful.
And I do believe this is not going to work the way they think it's going to work.
And I do believe what we're going to see is we're going to see the economy start to implode and we're going to see all the internals start to fall apart.
And they're going to try to keep everyone, you know, their eyes pinned on the market.
But this is not going to work.
And I do believe along the way, Trump is going to continually say that the entire economic system is completely and utterly falling apart.
And we're heading into a recession, a deep recession, or a depression.
And the people, they're going to be listening to this, and they're going to be watching the economy, and they're going to watch the whole thing completely and utterly fall apart.
And the people, they're going to start to realize Trump is right, Biden is wrong.
And I do believe Trump, along the way, just like he's doing right now, he's giving solutions.
He's telling everyone when he gets back into office, well, he's going to reverse what Biden did.
Remember, when Trump was in the White House, he had this country energy independent.
And the fuel prices came way, way down.
What happens when Trump removes the regulations and people are with him when he says, we got a drill, baby, drill, baby, drill.
And all of a sudden we're producing oil.
We're going to see fuel prices go way, way down, which is going to drop inflation.
And people, they're going to see a different world.
They're going to see a different economic world that they've seen before.
Think about all the other things that he's going to do.
Once he placed tariffs on many different countries, and I think he already touched upon that when he was in the White House, he placed tariffs on China, he placed tariffs on Europe, and he revitalized certain areas in this country.
The steel industry, for example.
So now, since people have seen this, and they've seen what tariffs can do, and remember, if you go back in time, our Founding Fathers, that's how they wanted the government funded.
They didn't want the government funded with all these taxes, with the people paying income taxes.
That was because of the Central Bank and what they did when they came into existence.
Our Founding Fathers, they wanted the government funded by tariffs, where we actually placed tariffs on different countries that were importing into this country.
And Trump, he made the announcement that he is now threatening to impose 60% tariffs on imports of Chinese products if he is elected.
So what do you think that's going to do?
This is going to revitalize the industries here in this country.
Think about the automobile manufacturing.
Think about the steel industry.
Think about all the manufacturing of all different products.
Because if you're placing 60% tariffs on China, well, a lot of companies, a lot of industries, they will most likely move back here to the United States.
Especially once Trump says, listen, we have 60% tariffs on China.
And we're removing all these regulations.
We're giving you incentives to move back here.
I do believe you're going to see a lot of the manufacturers decide to move back to this country.
And you're going to see something very, very different.
When all this happens and you're going to see a country that all of a sudden is going to become very, very profitable, very, very wealthy, very, very quickly.
And what is what else is this going to do?
This is going to hurt China along the way.
Remember, the deep state players, they've been trying to strip everything from this country.
They've been working at this for a very long time because once again, they knew once we went full fiat, they knew the system was going to break down.
They knew over time, as the currency lost its value, people were gonna start to notice that the value of the currency didn't buy as much.
And they knew eventually what they were gonna have to do is they were gonna have to strip away everything here in this country and move it outside of this country.
This is why they started the narrative of saying, oh, we're going to have to start moving manufacturing out of this country in the 70s because they knew what was going to happen.
And they needed to do this to keep the cost of these items very, very low.
This is why they never placed tariffs on China, because this is part of their illusion.
They started to manipulate the calculations of unemployment and inflation to keep the illusion alive.
And they started to push credit.
And financing and then leasing because they needed to keep the illusion alive.
And now you're going to see something very, very different.
You're going to see everything happen in reverse.
And I do believe in the end, the people, they're going to notice the difference between a central bank economy and a people's economy and the people, well, they're going to opt for a people's economy because they're going to see a very big difference.
And I do believe Trump, he's going to be pushing out these solutions.
All throughout this year and he's going to continually mention it and you're going to see the economy actually fall apart.
You're going to see layoffs, but Trump, he's going to let everyone know I have a solution for this.
It doesn't have to be this way and we don't have to go through this economic collapse.
We could actually turn everything around and we can have an economy That does absolutely incredible.
Plus, we can then be the leader of providing oil to the rest of the world.
I mean, think about the Middle Eastern countries right now that do this.
They have hardly any debt or no debt at all.
Why would this country have any debt?
It shouldn't.
This country should have no debt whatsoever.
Actually, get rid of the Private West Central Bank.
That changes everything.
And if you drill and you sell the oil, this country is going to become very wealthy.
The infrastructure is going to improve.
And you're going to see a country like no other and I do believe that is heading our way and Trump is preparing for all this, letting everyone know these are his plans and this is how we're going to make this country great again and take the power away from the deep state, away from the central bank.
And I do believe we're on the cusp of this, and this is going to be absolutely incredible once he gets back in office.
Remember, this is all about taking back this country, not from the criminals in the deep state swamp.
It's also taking this country back from the central bank.
Because remember, The central bank is destroying this country.
The central bank does not benefit this country.
Look at the country's infrastructure.
Look what's been happening here.
Where's all the money been going?
It's been going outside of this country.
Now Trump is prepared and ready to turn this around and the money's gonna go back and be invested into this country, which is going to make this country absolutely incredible and the infrastructure is going to improve rapidly.
And yes, If we're doing all that, think about all the jobs that we're going to create.
Think about how this is going to be very, very different for the people of this country.
And I do believe this is what's going to happen.
And Trump, he's going to let everyone know every step of the way how we're going to do this.
And we're already starting to see this.
And in the end, the central bank will cease to exist.
Once the people see the difference, they're never, ever going to want to go back to a central bank system.
Listen everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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