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June 4, 2024 - X22 Report
22:42
Ep. 3370a - Farmers Are Fighting Back, Banks Are In Trouble, This Will Wake People Up
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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 is episode 3370 A.M.
Today's date is June 4th, 2024 and the title of the episode is Farmers are fighting back, banks are in trouble.
This will wake people up.
Let's talk about protecting our wealth.
There's bad turbulence ahead.
The economy is a minefield right now, ready to detonate and destroy the wealth and dreams of the unprepared.
Bank failures, de-dollarization, debt.
But amidst the chaos, a beacon of hope emerges.
Kevin Sorbo, screen legend, Hercules, Christian actor, and outspoken activist for the people, with his economic crisis toolkit crafted in partnership with the experts at That noble gold Sorbo is now on a mission to help everyday Americans navigate the coming nightmare.
This shockproof toolkit is your compass through the turmoil.
With recession-proof strategies, inflation-busting techniques, and opportunity-seizing skills to help you not just survive, but thrive in the bedlam.
The crisis threatens to derail your financial future, but you know you can stay on track and emerge stronger than ever.
And the best part?
The shield of knowledge is yours absolutely free.
Don't become another casualty.
Enlist in Sorbo's Wealth Warrior ranks today and arm yourself with the tools and tactics you need to protect your hard-earned assets.
Visit x22gold.com now and sign up for the economic crisis toolkit.
That's x22gold.com 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 Western Central Bank, the World Economic Forum.
As we move closer and closer to the presidential election we can see that the entire system is on the verge of collapsing and this is going to wake the people up because as the system continually breaks down and people experience it this is going to wake the population up not just of this country but around the world because when people can't make ends meet this is when it really affects them and you could see just like with the farmers
When they started to place taxes and say, oh, you're not going to be using this type of fuel, that they wanted to take the farms away from them.
What did the farmers do?
They pushed back because they were experiencing something that they knew was completely wrong and it was going to destroy their business and take the farms away from them.
So they decided to fight back very, very hard and they haven't stopped fighting back.
And the farmers, they're back out on the streets with their tractors protesting the Central Bank, the World Economic Forum, They're installed government because once again, they know, they understand that what they're trying to do is not going to benefit the people of this world.
It's not going to benefit them in their country, their business.
Remember, without the farmers, we don't have food, but that's the whole point of it.
The deep state players, they know that if they can get rid of the farms, they can shift us into their chemical goop, then into bugs.
That is their whole plan.
Remember, Think about it.
Go back a little bit in time.
Their main goal is to depopulate.
Their main goal is to have people in these small little cities.
Do you need the number of farms?
No.
Do you need the roads around the world?
No.
Are you going to allow these people who are trapped in these little cities, are you going to allow them to travel?
No.
Are you going to watch everything that they do?
Are you going to give them their freedoms?
Absolutely not.
Are you going to watch everything that they say and if they don't agree with the narrative, what is the World Economic Forum, the Central Bank, what are they going to do?
They're going to shut down your accounts.
They're going to limit your purchases until you do what they want.
That's what this is all about.
And this is why they want to bring us into the Great Reset, the Green News Scam.
This is their entire plan right here.
And eventually they're going to take this a step further.
So what do they got to do to bring us there?
They got to destroy their old system.
And that's exactly what they're doing right now.
Trump and the Patriots, they knew they were going to follow this path.
They knew the playbook.
They knew that eventually they were going to destroy their own system because, again, their system only lasts for a certain period of time.
We came off the gold standard back in 1971.
And we only have 50-60 years until the system completely breaks down and we see hyperinflation and people, they just can't make ends meet.
We're at that point right now and it's going to get worse as time goes on and we've seen this in the past.
We've seen country after country after country, where they were the reserve currency, where the entire system completely imploded on itself and they had to move the system to a new country.
And how did they do that?
They needed some type of cover-up, which was war.
And each time they do this, they restart the system.
And that's what they're trying to do right here.
But the people They see it they see it very very clearly and they start and they're starting to understand that yeah this is not naturally occurring this is being driven by the deep state by the central bank of the world economic forum but out in France and out in Spain The farmers, they are protesting once again.
French and Spanish farmers have just blocked all major routes across their shared border in a huge protest against the EU.
A strong message sent to politicians ahead of the EU elections on Thursday.
No farmers, no food.
Absolutely.
And you can see the people, they're not going along with Biden in this country where he says, hey, I'm going to cancel the student loan debt.
Now, remember, the Supreme Court ruled that, no, you cannot do this.
So he decided, you know what?
I'm above the law, so I'm going to do whatever I want.
I'm a dictator, so I'm going to cancel the student loans.
Why?
Because we're in an election year and I want these people to vote for me.
But it's actually backfiring.
Actually, a Minnesota mayor earning $130,000 plus per year decided to thank Joe Biden for cancelling his student loan debt.
So this was St.
Paul Mayor Melvin Carter, and he publicly celebrated the cancellation of his student loan.
Well, people were pretty darn pissed off, and this whole thing backfired on them.
VK put this out and said, you make $170,000 a year.
Now your employers are paying off your debt.
We had Educate Hillbilly.
Put this out, you make $170,000 a year, a-hole.
Then we had Juck DeVore.
Wait, we just paid off the college loan for the Mayor of St.
Paul?
And you told us?
So much for the rich paying their fair share.
The people are angry.
They're not going along with this.
And once again, who do you think is paying for this?
The money doesn't just grow on a tree.
Oh wait, it does grow on trees because what does the Federal Reserve do?
They just push a button and it just prints.
And prints and prints and prints.
And back in the day, they would just take the trees, make paper, and yeah, the money was growing on trees actually.
And, once again, who has to repay all this?
It's the people of this country, and the people of this country don't want to repay all of these individuals.
It's almost like someone going to school, studying really, really hard, and they get all A's, and the teacher says, by the way, listen, I know you studied hard, but we're gonna have to take what you did, and take that A, divide it up amongst the other students, and you're gonna have to give them part of your grade.
Because, you know what?
They didn't study well.
They don't want to, they don't want to do the work.
They don't want to do anything.
So you know what?
Your A is going to go down to a C and we're going to give everyone else who got a D and F, we're going to bring their grades up.
Are you okay with that?
This is exactly what they're doing here.
They're taking everyone else's money.
And because these people can't find jobs because they started a gender study or their loans were just canceled because of elections.
We, the people have to pay for this.
And once again, this goes back to the private West Central Bank.
Because we should never ever have the private West Central Bank.
Because once again, we should never be taxed.
There shouldn't be income tax.
We should be paying the government with tariffs.
The government should never be this large.
We don't need a government of this size.
And once again, if we remove all that, we wouldn't have to worry about canceling the debt.
Because again, why do you think colleges charge so much?
Why do you think the value of the currency Is devaluing every single day.
It's because of the Private West Central Bank.
And all you got to do is look at California, because that is a complete and utter disaster.
And yes, they're trying to use this as their template, but if you just look at it, the whole entire state is just imploding on itself.
And you can see no matter what they do to combat the Private West Central Bank, it's not going to work because the system breaks down and you can't go against it.
The more you try, the worse it gets for the people.
And when you look at California, they have the highest poverty rate in the nation, the highest gas taxes in the nation, and that's not working out well because they have the green news scam and people are driving electric cars.
So the revenue for the gas tax is going down.
So what they're going to do is they're going to propose a new idea that, hey, why don't we just charge everyone electric gas?
It makes no difference.
Why don't we charge them per Mile.
How are they going to do that?
They're going to have to track people?
They're just going to trust people that they're going to report how many miles they have driven?
Absolutely not.
California has the highest state income tax in America because they need to pay for everything that they've been doing.
So they're going to keep raising that.
It doesn't end.
And they have the record homelessness in California.
Now you know why people are moving out of California.
Now you know why businesses are moving out of California.
And of course, Biden is always out there trying to blame everything else.
He doesn't like to take responsibility.
He blames everything on companies, on oil companies.
He's telling everyone that, oh, the corporations, they're greedy.
That's why we see inflation.
But what's very interesting is that we have Jason Furman.
He served as the chairman of the Council Economic Advisor under Obama.
And he says this whole idea that Greed is causing inflation is absolutely ridiculous.
We know what's causing inflation.
It's the private West Central Bank.
We have a 3000% increase in inflation, which means the value of the currency has declined over this period of time.
Let's talk about protecting our wealth.
There's bad turbulence ahead.
The economy is a minefield right now, ready to detonate and destroy the wealth and dreams of the unprepared.
Bank failures, de-dollarization, debt.
But amidst the chaos, a beacon of hope emerges.
Kevin Sorbo, screen legend, Hercules, Christian actor, and outspoken activist for the people.
With his economic crisis toolkit, Thank you.
And the best part?
The shield of knowledge is yours absolutely free.
Don't become another casualty.
Enlist in Sorbo's Wealth Warrior ranks today and arm yourself with the tools and tactics you need to protect your hard-earned assets.
Visit x22gold.com now and sign up for the Economic Crisis Toolkit.
That's x22gold.com or click the link in the description.
So what's the problem?
Oh, it's printing money.
That is the problem, and it's hurting the American people every step of the way, and this is what Trump is doing.
He's showing the people, because he's taken everything and he crammed it into four years, accelerated the deep state, the central bank, and the world economic foreign plan, and he did it so the people could recognize who's responsible for all this, who's causing all of these problems, and the people They're really starting to get it now, because you can see all over TikTok and everywhere else, people are now complaining of inflation, especially out in Canada.
And it's getting worse and worse for the people.
The Cabecia Letter on X put this out and said, this is concerning.
65% of middle class Americans are struggling financially.
Regardless of income level, almost 60% of polled people claim they're going through financial hardship.
Even more concerning is that they do not anticipate their financial condition will change for the rest of their lives.
Meanwhile, approximately 33% of people surveyed face extreme stress about their debt, 33% of respondents are concerned about savings for the future, and 32% are concerned about paying for unexpected expenses.
American consumers, they are struggling.
And it's getting harder and harder for the people of this country and people around the world.
And it's not going to get better because Biden, the Fed, they're not looking to improve the economy.
They're looking to destroy the economy.
So that's why you're not seeing any type of improvement, even if they have the Inflation Reduction Act, which has nothing to do with inflation, has to do with the Green New Scam.
Even if they spend more money, it's not going to help because their entire motivation is to destroy this system and bring us into the Green New Scam and the great reset.
So people are not going to see an improvement whatsoever.
Actually, what they're going to see is they're going to see the economy implode on itself.
And every day that passes, this is what people are seeing.
People are noticing that there are major, major problems in the economy.
And we can see that there are problems in the banking system.
Unrealized losses on investment securities for banks jumped to 517 billion in the first quarter of 2020.
This is $39 billion higher than the $478 billion recorded in the fourth quarter of 2023.
The surge was driven by higher residential mortgage-backed securities, losses held by banks due to rising mortgage rates.
The first quarter of 2024 also marked the 10th consecutive quarter of unrealized losses, an even longer streak than during the 2008 financial crisis.
As hire for longer returns, unrealized losses are likely to continue rising.
Did the banking crisis ever really end?
No, I don't believe so.
And the FDIC...
Has also identified 63 banks that are on the brink of collapse.
Two months ago, the Fed's emergency lending program for banks expired.
Many regional banks never truly recovered from the crisis.
So, yes, we're heading into a period of time where everything is really starting to fall apart and people are starting to understand that there's major, major problems in the economy.
And if you look back at 2008-2009, you can see that this looks very, very similar, but It's a lot worse because we didn't have the inflation like we have today.
The fuel costs are off the charts and the banking system is falling apart.
The real estate market is falling apart and the rates are continually moving up.
Now, I do believe the Fed, they will eventually cut the rate.
But again, we saw what happened back in 2007, 2008.
They reached a tipping point in the interest rates, and then as soon as the economy started to fall apart, which began in 2008, they started to drop their rates very, very quickly, and they started to drop their rates in 2007, and they dropped them extremely quickly, moving into 2008, and that's when everything really started to fall apart, and people started to Realize something was wrong, even though the Fed was out there trying to convince the American people that everything was great.
Bernanke was out there telling everyone, there's nothing to worry about.
We're not forecasting any type of recession this year or any time into the future.
And of course, when October hit, what happened?
The entire market came down.
They let us know we're in a very deep recession.
Later on in 2009, they were calling it the Great Recession.
So once again they trick the people just like they trick the people with everything else and they're going to do it again and actually when you look at the signs they look very very similar to 2008-2009 which I do believe as we get closer and closer to the presidential election and they cut the rates I do believe since we're in a such a Terrible position in the economy, because remember, they've been hiding everything.
They've been hiding the entire system behind the manipulated calculations.
When you look at the calculations, you think everything is fine.
When you remove that and you remove the manipulation, what do people actually see?
They see the economy falling apart.
Actually, people experience this every single day.
So once again, it's a lot worse than they're telling everyone.
And the debt continually increases every single day, and it's actually accelerating.
But this is what happens at the end of the private versus central bank system.
And this is why they need to push.
the entire system into a new system.
And what do they do?
Well, since you're at the end of the system, they just keep printing because they don't care.
And they buy assets and they spend the money.
They launder the money.
It's almost like an individual or a corporation that is going bankrupt.
Before they go bankrupt, what do they normally do?
They go out and they put everything on credit because they know that once the bankruptcy hits, no one's going to come after what they purchased on credit.
And I think this is exactly what they're doing right now.
But you could see that the...
Debt is increasing very, very rapidly.
EJ Antony put this out and said, all the revenue from tax day is gone, but the spending hasn't stopped.
Federal debt jumped 57 billion on Friday and hit a new record high of 34.667 trillion.
So tax day is gone.
How are they gonna pay for this?
They're just going to borrow more.
So once again, it's almost like your own household.
If you're making $50,000 a year, and you have all these different loans on credit cards, and you keep on hitting the max on your credit cards, and the interest payments are coming due, well, you know your salary is not going to pay for it.
So what do you got to do?
You got to take out another credit card to pay for the interest on the other credit cards.
And when that credit card comes due, you got to take out another one to pay for that interest on that credit card.
This is exactly what our government is doing.
They're just going to the credit card, which is the Federal Reserve, and saying, we need more of it.
And when they get more of it, yes, they pay off the interest and then they launder the rest.
And then they go, we have no money left.
Well, we can't get it from the people.
Well, unless we tax them more, which is what Biden wants to do.
But he hasn't gotten that through, so they keep doing it over and over and over.
And this is how the system completely and utterly collapses on the people.
And I do believe with everything that we're seeing, we're going to see the people actually wake up.
They're going to wake up because this is not going to be a soft landing.
This is going to be a very hard landing because remember, the economic data is no longer connected to consumer sentiment.
It's completely disconnected.
And most of the data suggests that things are fine while the people are struggling.
So this tells you everything you need to know.
And as we move closer and closer to the presidential election, I do believe Trump and the Patriots know that the Deep State, the Central Bank, the World Economic Forum, they were going to bring us down this path.
And why have Trump destroyed their system when they can do it themselves?
The optics are actually pretty darn good.
They were going to crash the system no matter what.
We need to get out of this system and move into a people system.
And who controls the old system?
The central bank.
So why not allow the central bank to destroy their own system?
Why interfere with an enemy while they're in the process of destroying themselves?
Then you can use it against them because who is in the spotlight?
Oh, it's Biden.
It's the Fed.
And they're destroying their own system.
They're telling everyone everything's fine.
So all you gotta do is say, hey, what did you do here?
You just destroyed the system.
You told us everything was fine, but everything fell apart.
It's not gonna be blamed on Trump.
It's gonna be blamed on them.
The optics are absolutely incredible.
What Trump can do next is he can step in and say, hey, we don't have to head in the direction they want.
They lied to us this entire time.
We can move in a different direction.
We can move in a direction where it's the people's economy.
And I do believe this is why he's been ramping up everything.
Bitcoin.
Saying that we're not going to move into central bank digital currency.
He's preparing the public for this move away from the private Western central bank system.
And this is why alternative currencies are so important because if we're moving away from the private Western central bank system and moving away from fiat currency, well, what are you going to use?
You need something new.
Now, yes, I do believe something new will be created, but if you want to protect your wealth, you go into something like gold, silver, you go into Bitcoin, and you move yourself out of the private versus central bank system into something very, very different.
And remember, the central bank, the deep state players, they've been fighting against the people this entire time.
They've been fighting against the people going into alternative currencies.
From the very, very beginning, they've been fighting against gold.
This is why they had to manipulate it.
When Bitcoin came out in 2008-2009, they started to hammer against Bitcoin.
Not as soon as it came out, but a little bit later, as they realized it was catching on.
And they'll always be against those alternative currencies.
They'll always try to control it.
But this time around, they are completely and utterly losing control because they don't have the people.
And if they don't have the people, that makes it a lot easier for Trump and the Patriots to move the entire system away from the central bank system.
And I do believe that day is quickly approaching.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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