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2025: Ed’s Greatest Concern and Economic Analysis | 40K Footview with JMC Ep. 35

December 30, 2024
1 min read
  • US Govt. funding illegal immigrants hurting the US economy 
  • Deficits are $2 Trillion which is 8% of GDP  = Crisis!
  • Non-farm payroll numbers at all time worst – job revisions coming
  • The real middle class economy is in a real recession – Ed breaks it down
  • Ed discusses elements of incoming administrations economic policies 
  • Without Trump we are rapidly heading for a US bankruptcy and collapse
  • Biden admin blocks countries from SWIFT system declaring economic war
  • Dollar’s rise upon Trump election – Ed says BRICS will fade away
  • The USD slow decline as a worlds reserve currency will reverse with DJT
  • Federal Reserve props up certain banks – credit risk within banks looming
  • Loses hiding by pretending and extending – beware of the banks
  • Stock market and bank warning between now and January 20
  • Gold and silver dips down in crisis pull back will be minor – buy gold and silver and hold it!
  • Oil demand is low oil will be priced lower once DJT policies on oil drilling takes root
  • Ed comments crypto-bitcoin and securing the USD enroute to an encrypted QFS
  • Tariffs are a tool – Ed goes into some details on DJT and tariffs 
  • Iraqi dinar and Zim fast track to wealth? Think twice – invest what you can lose
  • Ed’s greatest concern is confidence in the agencies due to false reporting and the damage this creates
  • Ed weighs in on Jerome Powell as Fed Res Chairman 
  • End the Fed? Unwind it in stages
  • Stock market rises in part driven part an AI bubble – Ed warns of a correction in the horizon and explains why
  • Correction begins between now and March 2025
  • Gold and silver forecast – near-term cautious long term bullish buy it hold it 

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