September 9th, 2020
On this episode of Tim and John show we cover all the insanity ranging from election uncertainty to market mania. Tim explains how the FED owns a third of all mortgages in the US while John gives his take on how monetary destruction will play out. Economist suggests bribing US citizens to take vaccine, and then implore others to take the vaccine too. Americans pay down credit card debt for 5th month in a row. Ohio pension fund dips their tows into gold, hedging against inflation. China gradually sells 20% of its US treasury holdings while the US quietly ramps up defense spending via the exchange stabilization fund as US/China tensions rise. John brings attention to the To Big To Fail virtual workshop put on by the Financial Stability Board, and explains their importance in global finance. Stay tuned as Tim and John switch off of YouTube and in to their overdrive session where they get into a grab bag of topics not allowed to be discussed by YouTube’s commie’unity guidelines.
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