Discover why the banking crisis of 2023 may just be beginning as George explains the second Central Bank of the United States that nobody talks about, the Federal Home Loan Bank System, and how it has become a stealth bailout for big banks. Learn how to read the signs with charts and interpret the risk waterfall in this insightful video.
Explore the dangers of hyper-focusing on the Phillips Curve in macroeconomics and how the Federal Reserve's actions may make the inevitable recession much worse, potentially causing many Americans to lose everything, including their jobs. Discover how an increase in checking accounts caused inflation, and a decrease could lead to deflation. Learn how the focus on the unemployment rate could have devastating consequences.
Get exclusive insights on the prediction of the stock market crash in this mind-blowing analysis of the 10-year treasury yield minus the three-month treasury. Review charts of continuing claims, initial jobless claims, and the S&P 500 to learn when it's best to take a defensive stance in investing.