New great depression 'likely' - analyst [Archive]

keehah

1st November 2022, 08:29 AM

The experienced trader, who’s been cited by Bloomberg and previously made accurate predictions around currencies and the price of oil, expects signs of a depression to emerge early next year.

Economic, social and clot-shot destruction aside, I'm reminded of John Kenneth Galbraith's book The Great Crash 1929 were he writes how mainstream media, such as the NYT (one of the big New York papers I recall), was still reporting as late as 1932 that there was no financial crisis, and the stock market and financial markets were imminently still going to recover from their transient recession.

“I think 2023 and the following year will be tainted by this event. It’s kind of a GFC (Global Financial Crisis), only in my opinion, larger.”

Hunt says it will begin with empty stores, then huge numbers of people will no longer be working and interest rates will spike.

He believes there will be chaos, confusion, social unrest, and perhaps in some countries – Marshall Law.

Welcome to 2020 and the political class's, corporate media's and public servant's scamdemic.

“All the media will be talking about it and then it’ll be, wow, what do we do?” Hunt said.

Build Back Better?!

“This is actually a destruction event of the traditional finance system.”

In its place, Hunt says, will be a system centred around central bank digital currencies.

Francis Hunt writes there what the degenerate and destroying Davos/WEF western deep-state gangs generally plan and support.

I've recently found and am impressed with the work of analyst Charles Haywood. He seems the type of the past's more normal or 'mainstream' analyst now appropriately Red/Black/White Pilled by recent years' reality.

theworthyhouse.com: The Foundationalist Manifesto: The Politics of Future Past (https://theworthyhouse.com/2021/06/17/the-foundationalist-manifesto-the-politics-of-future-past/)

His latest video:

Charles Haywood (The Worthy House): On the Fragility of the Current Regime
The written version of this article can be found here: https://theworthyhouse.com/2022/10/31/on-the-fragility-of-the-current-regime/

https://www.youtube.com/watch?v=KOqSMtqKStM
53:18