All Episodes
Previous Next
March 11, 2024 - X22 Report
16:33
Ep 3303a - Banks Are In Trouble, Layoffs Accelerating, Trump Will Not Stop Crypto
| Copy link to current segment

Time Text
Welcome to the episode of the Cinecraft Podcast.
Welcome to the Cinecraft Podcast.
You're listening to The X-22 Report.
My name is Dave, and this is episode 3303A, and today's date is March 11th, 2024, and the title of the episode is, Banks are in Trouble!
Layoffs Accelerating!
Trump Will Not Stop Crypto!
Let's talk about protecting your wealth.
If you have a bank account, pay attention.
Your savings could be at risk.
The U.S.
banking system is once again under extreme stress.
This jeopardizes you and your family.
But there's an easy way to protect yourself.
Gold.
Contact Noble Gold Investments today and safeguard your family's financial future.
As a thank you for opening a qualified account, they'll give you a free quarter ounce gold standard coin.
Visit x22gold.com to claim your gold coin.
That is x22gold.com or click the link in the description.
And remember, there's always a risk of loss and possible Performance is not indicative of future results.
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.
As the entire economic system continually breaks down around them, so is the green news scam.
The green news scam is completely and utterly breaking down and they can't stop it.
And what the people are starting to understand and realize is that when they come out with these remarks and they say, oh, we got to get rid of natural gas.
We got to get rid of fossil fuels because of these studies.
Most of these studies are made up to convince you that, yes, we need to get rid of.
Fossil fuels, natural gas, and everything else.
But again, when you start to look closer at the studies, these aren't really studies.
These are paid studies to convince you of something that really isn't happening.
And what's very interesting, since the Biden administration announced that they have to halt the new natural gas exports and all that other stuff, it looks like the data now is contradicting all of that.
And right now there is evidence that shows the opposite is actually happening.
And David Blackmon, a 40-year veteran of the oil and gas industry, who now consults and writes about the energy sector, he came out and he said there is no evidence whatsoever that exporting LNG has had any impact on domestic natural gas prices, other than perhaps depressing them.
As U.S.
exports to europe ramped up in late 2022 the nimex henry hub domestic price collapsed from seven seven dollars per one million british thermal units to just two dollars in a span of just four months the u.s energy information administration published a may 2023 report projecting that growth in lng exports will place upward pressure on domestic prices whereas reductions in exports would have the opposite effect
however a different eia data demonstrates that the domestic natural gas prices fell significantly in 2023 relative to the air price the same period of time in which the u.s energy LNG exports reached record levels and made America the world's leading LNG exporter.
So this decision to pause has really accomplished a starving investment capital in natural gas projects going forward and hand the keys over to Qatar.
This is pretty much what they've done here and they've done this on purpose just like with everything else.
I mean think about the construction of electric vehicles.
Who's going to be constructing these vehicles?
It's going to be China because the U.S.
just doesn't have the minerals.
Well we actually do but again we're not mining them because all the regulations and they put a they put the kibosh on that but again You can see they're doing everything not for the benefit of the United States but the benefit for themselves and everyone else and to bring us into the green news scam.
But I do believe the people are starting to recognize that this is not working for the people and as the economy breaks down people are starting to understand that everything that the Biden administration is saying, think about it, the Biden administration is continually telling everyone that the Economy is the envy of the world, inflation's under control, fuel prices are under control, and everything is fantastic.
Meanwhile, while he's telling everyone that his entire agenda to put the economy on the right track is working, the people are saying the actual opposite.
So as the economy continually breaks down and people see inflation pick up, people see fuel prices pick up, people see their wages go down and people see layoffs, which those are accelerating right now.
People realize, wait a minute, if he's telling us and he thinks that everything is great, he's never going to help the situation that we're in today.
And I do believe this is where Trump comes in because Trump is going to tell everyone that, no, look, Everything is not the way Biden is saying.
The economy is breaking down, inflation is getting worse, and people are having a very difficult time, and people are being laid off.
And that's exactly what is happening.
So I think in the end, this is going to hurt them tremendously, and they will never be able to recover from this, especially when they continually say, look at the market, look at the market.
And when the market comes down, this is going to be a complete and utter disaster for them.
And when you look at office space and you look at what's going on, you can see that layoffs, they are definitely taking their toll right now.
The Copece letter put this out on X that the office vacancy rates are skyrocketing.
The latest data shows that the office vacancy rate in the U.S.
is about to hit 20% for the first time in history.
Even during at height of the pandemic, office vacancy rates did not break above 19% as a result of the price of office buildings is now down nearly 50% from its high just last week and a Canadian pension fund just sold its 29% stake in the New York office buildings for $1.
The pension fund had already poured $71 million into the property and the building currently has a $220 million mortgage.
Remote work has changed the world and not just remote work, But layoffs, because think about it.
If you're laying off people, do you really need the office space?
No, you don't.
So put these two together and what happens?
It's a complete and utter disaster.
And what's very interesting.
Out in Europe, IBM, they're asking their employees to volunteer for layoffs and their target is about 80% cuts in key departments.
So this is across Europe and many different departments.
They're asking people, who wants to be laid off?
Raise your hand.
We'll give you the package right now.
I mean think about this for a second and I wonder if other companies are going to follow in this track asking people who wants to be laid off because when this gets around and you have more corporations doing this this is kind of odd because once again you're asking people to be laid off and if Talk about protecting your wealth.
If you have a bank account, pay attention.
Your savings could be at risk.
The U.S.
banking system is once again under extreme stress.
This jeopardized you and your family.
But there's an easy way to protect yourself.
Gold.
Contact Noble Gold Investments today and safeguard your family's financial future.
As a thank you for opening a qualified account, they'll give you a free quarter ounce gold standard coin.
Visit x22gold.com to claim your gold coin.
That is x22gold.com or click the link in the description.
And remember, there's always a risk of loss, and past performance is not indicative of future results.
This company, or that company, is asking people to lay it off.
What do you think the chances are of those people getting jobs?
Probably very, very low.
And when you look at the employment market, you could see that the job market, well, we're losing jobs, we're going from full-time to part-time, and there's a lot of foreign-born workers who are taking the jobs today.
Zura Hedge put this out on X and said, Why have all new jobs since 2018 gone to foreign-born workers?
Because you can't be an illegal immigrant in deportation proceedings, not to mention anyone seeking asylum and get authorization to work in the U.S.
for up to five years.
No questions asked.
So really think about what they're doing here.
And you could see their agenda.
It's becoming clearer and clearer every single day.
Just like as the economy breaks down, it's becoming clearer and clearer that we have major, major problems in the economy.
Yes, the fake news.
They're going to continually tell you that everything is great.
The market's great.
Everything's great.
Everything that you're experiencing.
Well, it's just because you're experiencing it, but actually the economy is really good.
And I don't think people actually are believing this anymore.
I think the people are pushing back and saying, you know something, you're gaslighting us.
That's exactly what you're doing.
And what you can see right now with the stock market, you can see that cash is now more attractive than stocks.
When did this happen?
Last, well this happened before the dot-com bubble crash.
And when you start to look at the history, you start to see what's been happening in the past, you start to see that we're continually repeating the same thing right before the system comes down.
And if you go back to 2008-2009, you could start to see that what is happening right now looks very, very similar to what happened in 2008-2009.
But this time is a lot worse and there's a lot more banks that are in trouble.
We have a lot more debt.
The interest rates are much, much higher.
And you can see that everything is starting to fall apart all around the country and around the world.
And when you look at the banks, you can see the banks, they are in trouble right now.
If we got rid of the Fed, the banks would just completely and utterly collapse because the Fed funds the banks and keeps them operational.
Actually, when you look at the regional banks, they're scrambling right now for new funds as the Fed ends emergency lending program.
So now the banks, they're scrambling and they're panicking because they realize that when everything starts to fall apart, they're going to be screwed.
I think there's going to be a lot of people that's going to be screwed because people have their currency in the banks.
And when the banks fail and you have multiple banks fail, people try to get their currency out one way or another.
And what's going to happen is if people go and try to get cash out, You're not going to be able to get that.
And if you try to transfer anything, you're not going to be able to do that either.
And I think this is why we're starting to see a lot of individuals protect themselves with gold, with silver, with Bitcoin, because they realize that they need something outside of the banking system or they need to take what they have right now and spread it out amongst many, many banks just because they realize that they need something outside of the banking system or they need to take what they have right now and spread But you can see people in this country, they're getting a little nervous right now.
And I do believe they're going to get a lot nervous as we go through the summer because everything is going to start to completely and utterly fall apart.
And I think people are going to start to really notice this.
Now, down the line, the Biden administration, the fake news, they're going to and the Fed, they're going to try to continually convince everyone that everything is great.
Everything is fine.
Don't worry about it.
The job market's good.
Inflation's under control.
Fuel prices are under control.
But the people, they're going to be experiencing something very, very different.
I do believe Bitcoin Gold, I think they're going, both of these alternative currencies are going to reflect this.
That doesn't mean that gold and Bitcoin aren't going to come down.
I do believe that the Private Western Central Bank will try to do something where they'll try to push these currencies down the best, as best they possibly can.
Because again, if they just allow these currencies to continually Move up and up and up.
What do people start to notice?
The people start to notice that the fiat currency is worth absolutely nothing.
And think about it, if gold goes to 3,000, to 5,000, to 7,000, to 8,000, the people of this country, the people around the world, they're going to start to recognize something and they're going to realize that the system's falling apart.
Same thing with Bitcoin.
I mean, Bitcoin hit an all-time high of $72,000.
Now, this doesn't mean that something might not happen, because I do believe the central banks don't want these alternative currencies to continually move up, so I do believe they'll try to smack it down.
And I think they're they might have a little bit of a problem trying to smack it down because again it looks like they're losing control but they will use news or paper markets or whatever to push it down and they'll make a story up saying oh my god look look what's happening here but again I think it's not going to go down to where it was I think they'll try their best but again it's going to start to move back up again so we could see that
The alternative currencies, they're definitely making moves against the fiat currency and it's really showing the people that the fiat currency is not worth what the deep state, the Central Bank, the World Economic Forum is saying it's worth.
And you can see this very, very clearly because when you go to the store and you go to purchase something, if you need more of the pieces of paper or the blips to buy the same exact product, the product hasn't changed.
Yeah, they might have shrunk it down a little bit, but actually the product, the manufacturing, everything else has not changed.
What has changed?
The value of the currency.
And what affects that?
Well, that's fuel costs and printing and more of the pieces of paper in circulation.
That means the currency is losing value.
And if you go back in time since 1971, when we came up with the gold standard, the currency has lost what, like 97 percent or so, probably even more at this point.
Because remember, inflation is cumulative.
But Trump, it looks like he's moving away from the narrative that he hates cryptocurrency to, you know something?
Maybe it should be here.
Maybe cryptocurrency is not that bad.
and maybe we shouldn't get rid of it.
Take a listen to what Trump says here.
I do believe from the very, very beginning, I think Trump probably didn't say he was all in on Bitcoin, because if he went all in on something, what do you think the central bank would have done?
They would have gone after it like there was no tomorrow.
I mean, yeah, they went after it.
But if Trump said that he loves it, what do you think the private Western Central Bank would have done?
They would have attacked it and they would try to destroy it.
So I think during this entire period, he was out there letting everyone know he doesn't really like Bitcoin, he doesn't really think it's currency, and I think as things are changing and more of the control is with the Patriots and the Private West Central Bank is losing control, I think he feels comfortable now in saying that, yeah, I'm okay with Bitcoin.
And we could see that if you look at the gold market, Trump really didn't have to say that much about the gold market because, again, the private West Central Bank, they already controlled the gold market.
So they could use the paper market to control it.
They can keep the price where they wanted it.
And he knew that, yeah, that would be fine.
What they were really looking at was Bitcoin.
And if he Went with it.
I do believe they would have pretty much used every piece of ammunition to go after it.
And now we can see things are definitely changing.
And I do believe things are going to continually change.
And it's going to really wake the people up, especially when the economic system comes down.
And I do believe the central bank system is going to come down because the central bankers are bringing it down.
Because they want to bring us into the Great Reset, their green new scam.
So I do believe Trump, he's going to have a lot of leverage.
He's going to have a lot of alternative currencies.
It's going to make it a lot easier for people to actually transition into something else when the time comes.
And I do believe he'll have the people with him to move us away from the private Western Central Bank.
And I do believe that day is quickly approaching.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
▲
Export Selection