Feb. 21, 2024 - X22 Report
17:25
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| Welcome to the episode of the Cinecraft Podcast. | |
| Hi and welcome to the Cinecraft Podcast. | |
| You're listening to The Axe 22 Report. | |
| My name is Dave and this episode 3,288 a.m. | |
| Today's date is February 21st, 2024 and the title of the episode is 2024 economy is mirroring 2008 economy. | |
| 5024 in the title of the episode is 2024 economy is mirroring 2008 economy. | |
| Bezos continually selling stocks. | |
| Let's talk about being prepared. | |
| Blue cities are experiencing soaring crime despite what the media says. | |
| Many cities are seeing as much as 20-30% spike in violent crime. | |
| Unfortunately for America, crime rates have exploded since 2016 after a 30-year decline and show no sign of slowing down. | |
| What's more is a recent poll reveals that 63% of Americans rate the current crime levels in their communities as extremely or very serious. | |
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| 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, their entire push in trying to get the world to net zero while everyone is awake is completely and utterly falling apart and The other thing that's really falling apart is the economy. | |
| The economy is starting to look like the economy of 2008 and we're starting to see very very similar things happen at the same exact time. | |
| We talked about how the housing market actually looks like, the 2008 housing market. | |
| We're looking at the credit market. | |
| The credit market looks like the 2008 credit market. | |
| And now we're looking at the stock market and it's becoming very very similar to the 2008 stock market. | |
| So we could see that things are happening right now and I do believe that we're heading for a market correction. | |
| And while the Deep State, the Central Bank, the World Economic Forum pushed their agenda | |
| It's going to push us in that direction and you can see out in Germany which is the template for Europe where they're trying to push the net zero push the green new scam you can see it's not working out very well out there and you can see Germany's already in a recession the people are going to get very very angry just like the farmers around Europe they're becoming very very angry and you're going to see a lot of pushback as we move forward when you look out at Germany we can see | |
| That Germany is now terminating a project of the production of climate neutral methanol due to high electricity requirements and costs. | |
| So everything that they're trying to do is not working. | |
| It's costing way too much. | |
| Think about the solar panels. | |
| Think about EVs. | |
| Think about the windmills. | |
| Think about everything that they've been trying to do. | |
| It's not working out. | |
| It takes a lot more energy to just to get this little bit of energy and You could see that most of these corporations, they're going under, they're shutting down, the EV market is not doing well, and it's getting worse and worse. | |
| And as they push their agenda on the farmers, what's happening out in the European Union? | |
| The farmers are pushing back like we've never seen before. | |
| When you look out in Spain, massive farmer protests, they paralyzed Madrid. | |
| It's like the biggest protest that we've seen so far. | |
| And I do believe this is going to get a lot worse as we move forward because the people, they're being pushed to a place they don't want to go. | |
| And when you push people to a place where they don't want to go, the people push back very, very hard. | |
| This wakes up a lot of people. | |
| A lot of people woke up when they heard EVs. | |
| Yes, people went to get them in the very beginning. | |
| Everyone said, this is incredible. | |
| Then they started to realize and they started to understand, wait a minute, it's not what they said. | |
| And I do believe as we move forward and people start to learn what they're trying to do, and we know it's all based on control and money, not has nothing to do with making the world green again. | |
| I think the people they're going to push back very, very hard, especially when the economy is completely and utterly breaking down. | |
| When you look out in Canada, you can see Canada and same with the United States and many other countries, they went ahead and they printed a lot of money. | |
| And by printing a lot of money, they thought they were going to boost the economy, everything was going to be great. | |
| But again, under the central bank system, that doesn't work. | |
| Actually, it does the opposite. | |
| And Wall Street Silver put this out on X and he's referring to an article from the CBC and it says 350 billion in pandemic savings was supposed to give the economy a huge boost. | |
| It still hasn't happened. | |
| Wall Street Silver responded to this and said, they still think printing trillions of dollars during COVID-19 was supposed to boost the economy. | |
| There are negative consequences to just printing money. | |
| They always try to ignore those and pretend inflation is not their fault. | |
| And yes, when you continually print and print and print, what happens? | |
| There's more currency in circulation. | |
| If there's more currency in circulation, it means the value of the currency declines. | |
| Go back to 1971 in this country. | |
| When the private West Central Bank came off the gold standard and they started to print like crazy. | |
| What happened? | |
| Well, the value of the currency declined rapidly. | |
| And this is what we saw. | |
| It's called inflation and it's cumulative and it gets worse and worse as time goes on. | |
| But what's very interesting is that we can see like countries like El Salvador who went to Bitcoin. | |
| They're using the volcanic energy to mine Bitcoin? | |
| Their country is actually starting to do very, very well. | |
| When you look at Argentina, after 12 years of the central banks and the corrupt politicians destroying the economy, all of a sudden, we had this new president that came in, that was voted in by the people, Javier Mele, and he said he's going to make the economy great, just like Trump is saying he's going to make the economy great. | |
| So actually, when you look at Argentina, who had Inflation that was off the charts almost 200% getting very very close to that. | |
| As soon as the new president came in and he started to cut costs, you know what happened? | |
| Everything started to turn around in Argentina. | |
| Do I mean that everything is absolutely perfect? | |
| No! | |
| It takes a time to actually boost the economy to reverse what the private was a central bank and the corrupt politicians have done. | |
| But when you look at Argentina right now, the Argentine government in January saw its first monthly budget surplus in nearly 12 years and | |
| Malay is continually pushing for strong spending cuts so January was the first full month in office for Malay and it ended with a positive balance for public sector finances and it was $589 million for US dollars and $800 million for their currency at the official exchange rate and the figure includes payments of interest on the public debt. | |
| It is the first Monthly financial surplus since August 2012 and the first surplus for a January since 2011. | |
| Now poverty is absolutely awful in Argentina. | |
| It affects about 45% of the population and Malay is predicting an economic rebound within three months. | |
| Can you imagine if he got rid of the Private Western Central Bank? | |
| Can you imagine if he went back to a system where they didn't borrow the currency? | |
| How quickly do you think the economy would bounce back It would bounce back very very quickly. | |
| But just by cutting spending, look what's happened already in this short period of time. | |
| So when you compare that to what Trump is going to do in this country, think about the speed in which Trump will be able to bring this economy back. | |
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| If they can do that in Argentina, And Trump has done it here already in the United States while playing within the central bank illusionary economy. | |
| Think about what he's going to do when he has control, when he removes regulations. | |
| When he puts his plan into place and when we remove the private West Central Bank, I do believe we're going to see an economy like we've never seen before. | |
| Remember, the central bank, the deep state players and the rest, they never wanted the economy to do well. | |
| They never wanted the country to do well. | |
| And I think people are starting to see this. | |
| But again, to get there, what we need to do is we need to get out of their old system so we can usher in the new system. | |
| And they tried to do this while Trump was in the White House. | |
| They tried to bring the economy down before the plandemic, when they started to raise the rates. | |
| That didn't work. | |
| Then they had the plandemic. | |
| And they thought they were going to crash the economy during his term in the White House. | |
| That didn't work. | |
| And I do believe Trump, the Patriots, they turn the tables on the deep state, the Central Bank of the World Economic Forum, and they put them front and center while the economy is being destroyed by them. | |
| So all eyes are off of Trump. | |
| All eyes are now on the Biden administration, the Treasury and the Fed. | |
| And the people are looking at these people saying, hey, you know something, they're doing this on purpose. | |
| And we can see what Trump is going to do. | |
| He's going to use this leverage later on. | |
| But we can see the economy is really starting to fall apart. | |
| And now we're starting to understand why Bezos is probably selling his stocks. | |
| The CoBC letter put this out and said the following, the top 10% of stocks in the U.S. | |
| now reflect 75% of the entire market. | |
| This is by far the most concentrated stock market since the Great Depression in 1931. | |
| In the dot-com bubble of 2001, concentration of the top 10% of stocks peaked at approximately 72%. | |
| Even prior to the 2008 financial crisis, concentration of the top 10% of the stocks peaked at approximately 66%. | |
| On average, the top 10% of stocks reflect 64% of the entire stock market. | |
| Is a correction overdue? | |
| I do believe so and I do believe the this year the 2024 Presidential election year is now mirroring the 2008 presidential election year. | |
| And I do believe that Trump and the Patriots, they have turned this around because they know that the Obamas are coming back into the picture. | |
| And what Obama did to McCain and the Republicans back in 2008, Trump is about to do to Obama in 2024. | |
| And when the market comes down very, very close to the presidential election, I do believe Trump is going to have full leverage and the people are going to be with him. | |
| But what's very interesting is that Jeff Bezos is continually unloading his stock. | |
| He's unloaded more than 14 million shares of Amazon stock in recent days. | |
| And the latest disclosure brings the total sold in the past month to 50 million shares. | |
| And this should tell us something and I do believe we need to watch us and others as we approach the 2024 presidential election because what I do believe is they're in the know. | |
| They're being tipped off and I do believe we're going to start to see many individuals start to sell off. | |
| They don't want to make it too noticeable, but I do believe they'll probably do this. | |
| And you'll start to see this happen as we approach the election. | |
| And once again, they have many months to do this. | |
| And I do believe this is going to be a signal that something is coming. | |
| But we could see already that 2024 is starting to look very, very similar to 2008. | |
| And everything's starting to fall in place with real estate, credit, the market, and everything else. | |
| So I do believe as we move forward we're going to see a lot more things look very, very similar to 2008. | |
| And yes, the internals of the economy They're going to be very, very similar. | |
| And the people are going to notice this. | |
| I mean, we're already starting to see banks fail. | |
| We saw this back in 2008. | |
| And I do believe the internals, they're going to get worse and worse. | |
| And I do believe this has to happen so we can get rid of the central bank. | |
| The central bank was going to destroy the economy no matter what. | |
| If Trump was in office, they were going to destroy it. | |
| Blame it on him. | |
| Since Biden is in office, the optics are much, much better. | |
| And as they lie to the people, Trump can use this against them. | |
| And this is exactly what he is doing. | |
| And you can see as we go throughout this year, he's going to let people know that he can turn this whole thing around. | |
| And when people are struggling and people are saying, why can't the Biden administration do anything? | |
| Why can't the Fed do anything? | |
| He's going to say, I could do this easily, just like he's talking about peace. | |
| And I do believe once he does this, we're going to see an economic system that we've never seen before. | |
| And I don't think it's going to take two, three, four, five years. | |
| I think we're going to see it very, very quickly. | |
| And yes, it might take a little bit longer to actually remove the central bank, restructure the entire system, go back to the Constitution, but just By doing a couple of things, just like the President of Argentina, I do believe we're going to see something that we've never seen before. | |
| Remember, we've been trapped in the central bank illusionary economy since 1913. | |
| Yeah, we were still on the gold standard. | |
| Yes, we became the reserve currency right after World War II. | |
| I think what most people now see is from 1971 moving forward, And they see once we came off the gold standard, what the central bank actually did to this country. | |
| It destroyed it. | |
| It just completely destroyed it. | |
| And when you see them, I'm talking about the central bank, when you see the central bank giving money to all different nations and how do they give money to other nations? | |
| Well, it goes through the deep state players in government and then they send it off to other places. | |
| They launder the money back. | |
| They buy stock, they buy land, they buy, you know, everything like that. | |
| So it enriches them. | |
| I think when people start to find out what this was all about, they're gonna see the criminality in the central bank and the deep state and the corrupt politicians. | |
| So once again, I think in the end, the people are gonna be with Trump. | |
| And I think this is gonna make it a lot easier to move away from the private West central bank and not just for this country. | |
| I think for the rest of the world, it's going to be very, very easy. | |
| I mean, look at Argentina. | |
| Look at El Salvador. | |
| You're starting to see it in Spain. | |
| You're starting to see it in the Netherlands. | |
| You're starting to see it in France. | |
| The people they're going to push back in the world, I do believe is going to be with Trump, because once the United States makes the move and the economy starts improving, Well, the countries in the EU, they're going to do the same exact thing because we're looking at the United States and say, why aren't we doing the same exact thing? | |
| Their economy is now booming. | |
| Why is ours failing? | |
| And I do believe this is going to be the start of it all. | |
| Listen, everyone, thanks a lot for listening. | |
| Be well, be safe, and especially be prepared. |
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