Wednesday, December 11, 2024

Tag: Hyperinflation meets the Great Depression – Andy Schectman warns Mike Adams about the catastrophic banking collapse now accelerating

Hyperinflation meets the Great Depression – Andy Schectman warns Mike Adams about the catastrophic banking collapse now accelerating

    0

    by Mike Adams, Natural News:

    Today’s Situation Update broadcast (below) focuses on the accelerating financial collapse that’s now unfolding. The CEO of Miles Franklin, Andy Schectman, joins me for an eye-opening interview in which he says we’re headed into an insane combination of hyperinflation colliding with the Great Depression.

    All the black swans, it seems, are strapping on suicide vests.

    This will end badly. Based on what we’ve witnessed over the last four days, I’m now convinced we will experience a total collapse of the US banking system and the US dollar. There is no one in charge who has any clue whatsoever about how to handle finance, risk, economics or banking policy. From the bank managers in Silicon Valley to the government regulators and Treasury heads, they are all 100% woke clowns who are obsessed with their cult of wokeism but have zero interest in risk assessments or financial diversification.