LBRY Block Explorer

LBRY Claims • crash-indicators-deficits-and-debt-do

fc3aed6499ab4cb3a3b6e4b5e81d58bea8c861c8

Published By
Anonymous
Created On
8 Jun 2021 17:59:33 UTC
Transaction ID
Cost
Safe for Work
Free
Yes
CRASH INDICATORS: Deficits and Debt do Matter By Lynette Zang
New to ITM Trading? Get your FREE ITM INVESTMENT GUIDE:<br /><a href="http://info.itmtrading.com/thanks-yt-free-guide/?ytvIT03142019" target="_blank" rel="nofollow">http://info.itmtrading.com/thanks-yt-free-guide/?ytvIT03142019</a><br /><br />Link to the Slides and Sources: <a href="https://www.itmtrading.com/blog/crash-indicators-deficits-debt-matter/" target="_blank" rel="nofollow">https://www.itmtrading.com/blog/crash-indicators-deficits-debt-matter/</a><br /><br />For the first four months of the current fiscal year, the US Federal Budget deficit exploded up 77% from the same period last year, reflecting the impact of tax breaks and greater government spending. Deficit spending is currently running at 4% of GDP, which is 38% higher than the long-term average deficit spending. But it does not reflect the cost of running deficits. For that, you must look to debt to GDP, which is currently running 105.4% and consists primarily of compounding interest.<br />In fact, according to the Congressional Budget Office (CBO) March 2019 report, moving forward, they expect annual deficit spending to increase by an average of 51% YOY and that does not include interest payments. Put into perspective, that would be like you spending more than you make and funding it with credit cards, as compounding interest on those credit card balances continues to grow.<br />Globally, while central banks have been taking on more local debt, many have been divesting themselves of US Treasuries. At the same time, many central bank gold holdings are now at levels last seen when we were still on the gold standard. What does that tell you? In my opinion, enough risk has been transferred. Central banks are getting ready, are you?<br /><br />Future questions send to [email protected] any additional inquiries email [email protected]<br /><br />And if you want to actually DO about all of this, that's what we specialize in at ITM Trading. How do you protect your wealth for the next collapse and financial reset? <br /><br />Yes Gold and Silver, but what types? How much of each? What strategy?<br /><br />If you're asking these questions you're already ahead of the game...<br /><br />We're here to assist you, as it is our mission to safeguard the public from the inevitable downfall of the dollar.<br /><br />We are the most recommended precious metals company in the industry for good reason, because we treat you just as prestigious as our gold.<br /><br />Find out if you're properly protected today...<br /><br />We are here to serve you: 877-410-1414<br /><br />You can also email us at: [email protected]<br /><br />For Instant Updates and Important News, please follow us on:<br /><a href="https://www.ITMTrading.com" target="_blank" rel="nofollow">https://www.ITMTrading.com</a><br /><a href="https://twitter.com/itmtrading" target="_blank" rel="nofollow">https://twitter.com/itmtrading</a><br /><a href="https://twitter.com/itmtrading_zang" target="_blank" rel="nofollow">https://twitter.com/itmtrading_zang</a><br /><a href="https://facebook.com/ITMTrading" target="_blank" rel="nofollow">https://facebook.com/ITMTrading</a><br /><br />By ITM Trading's Lynette Zang<br /><br />ITM Trading Inc. © Copyright, 1995 - 2018 All Rights Reserved.<br />...<br /><a href="https://www.youtube.com/watch?v=QOV6NAtG788" target="_blank" rel="nofollow">https://www.youtube.com/watch?v=QOV6NAtG788</a>
Author
Content Type
Unspecified
video/mp4
Language
English
Open in LBRY