Saturday, January 18, 2025

Tag: 0% Interest Rates Coming Back When System Implodes – Craig Hemke

0% Interest Rates Coming Back When System Implodes – Craig Hemke

by Greg Hunter, USA Watchdog:

Financial writer, market analyst and precious metals expert Craig Hemke says the variables are so numerous it is nearly impossible to predict exactly what is going to happen in 2024.  One thing is for sure, the variables are all bad.  There is the exploding federal debt, now at $34 trillion.  The federal government is on track to increase the debt by a whopping $2 trillion in one year!!!  There are growing global war possibilities in the Middle East, Tiawan and Ukraine.  Low unemployment numbers coming out of the BLS are lies hiding a sick economy.  Commercial real estate is a tanking mess.  Unrealized losses are in the hundreds of billions of dollars sitting at the banks.  There is a growing liquidity crisis brewing.  CV19 deaths and injuries are exploding with no end in sight.  The Southern border is wide open to terrorists wanting to harm America, according to the FBI.  This is just the short list of very real potential disasters that could easily strike.  Keep in mind, every single one of these could all happen during 2024.  Hemke says, “It’s not fixable.  It’s just not fixable.  It’s such a joke to hear from the politicians that you are going to get this election year.  They will say, ‘We have to have a balanced budget. . . . We have to get the federal budget deficit back to pre-Covid levels.’  Yeah, right.  Good luck.  That’s not going to happen.”