System Will 'Wipe Out' Entire Class as Global Economy Spins Into Free Fall, Warns Greg Mannarino

By Herman James / July 25, 2022 / marketsanity.com / Article Link

Stansberry Research, Released on 7/25/22

"I would argue that we're way, way worse off than a recession here right now," warns Greg Mannarino, founder of https://traderschoice.net/ and financial strategist. The yield curve is, "extremely inverted," at this point and, "the global economy is in free-fall, it's not going to stop," he exclaims to our Daniela Cambone. "The system demands that debt be created, every day by every mechanism possible," Mannarino explains as the government intends to, "exert more economic control on people." He concludes that the Fed only has one tool in its arsenal, "and it's how they can manipulate the debt... that's it."

00:00 The Fed's plan of raising the interest rate by 100 bps4:25 Is inflation a hoax?6:50 What is the Fed trying to achieve?8:17 Where will the stock market go from here?10:29 Have we begun a recession?14:07 Debt-based economic model17:34 How should investors protect themselves?21:10 Why isn't gold or silver higher?23:15 Precious metals manipulation25:34 Cash vs. precious metals allocation27:40 Greg's position on Bitcoin

Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieutenant. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading. Gregory currently hosts a business day "MarketReport" on YouTube. You can find out more about what he offers at his website Traderschoice.net.

System Will 'Wipe Out' Entire Class as Global Economy Spins Into Free Fall, Warns Greg Mannarino added by Herman James on 07/24/2022View all posts by Herman James ?+'

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