Nov 23 2021 26 mins
💥 The Future of America's Economy & Stocks; Due Diligence on EVERYTHING 💥 Stock Market, Macro-Economics, Business, Real Estate, Crypto & Politics
💰 Big Banks have made TRILLIONS in profits laundering money for drug cartels, nefarious leaders, sanctioned companies, mobsters, and fraudsters. 5 Major Banks are DIRECTLY RESPONSIBLE for laundering Trillions of dollars each year. Blood money is on their hands at our expense.
💰 Music: Justin Johnson GHOST OF THE MOUNTAIN • Dark Country Blues Slide Guitar https://youtu.be/OvqJGBopcwc
Marcel Kalinovic | Boss Blunts; business owner, entrepreneur, investor, connoisseur of blunts & herbs. Founder of Lit Xchange🔥, Hot Shot Expediting & Logistics, Hot Shot Expediting Inc., Hot Shot Distribution & Warehousing LLC.
🔥Linkedin: Marcel Kalinovic
🔥Twitter: @BossBlunts1
🔥Reddit: u/bossblunts
🔥Instagram: @bossblunts1
-- Supreme Court BANS EVICTION MORATORIUM: Real Estate & Homeless Crisis, Stock Market Crash, AMC & GME, MOASS MOTHER OF ALL SHORT SQUEEZES, Real Estate, Economy, Business, Macroeconomics.
-- Most recent Reddit Due Diligence: The stock market, Mother of All Short Squeezes, AMC, GME, Bank Derivative Liabilities, Economy, Business, Futures, Real Estate & More: https://www.reddit.com/r/DDintoGME/co...
Credit Default Swaps are up 5,000 % in 2021.
**Dark Pool Use By Top 4 BANK NOW 61.8 % Banks Owe $ 189 TRILLION IN UNREALIZED LOSSES IN DERIVATIVES ALONE NOT INCLUDING Naked Shorts, Synthetic Shares, FTD's & MORE! CBO Admits, inflation and GDP to "surpass its maximum sustainable level".**
As of 8/1/21 we are entering a new debt ceiling crisis with congress on a 6 week vacation, combined with an expired rent moratorium where 6.2 million renters face evictions, the homeowners of said tenant's houses will likely never receive back-pay for rent owed possibly causing record high bankruptcies akin to 2008 or worse, and without taking this into account, CBO projects a federal budget deficit of $3.0 trillion this year as the economic disruption caused by the 2020–2021 coronavirus pandemic, while the legislation enacted in response continue to boost the deficit (which was large by historical standards even before the pandemic).
In August 2011, during the debt ceiling crisis, the Congressional Budget Office (CBO) projected that the federal budget would show a deficit of close to $1.5 trillion, or 9.8 percent of GDP.
At 13.4 % of gross domestic product (GDP), the deficit in 2021 would be the second largest since 1945, exceeded only by the 14.9 % shortfall recorded in 2020. For the period of economic expansion from the second quarter of 2009 through the fourth quarter of 2019, real GDP increased at an annual rate of 2.3 %.
://www.cbo.gov/publication/21999 The CBO estimates from 2011 would be heaven compared to the reality we're facing, which is a crippled economy and stock market on the verge of collapse. Evidence below; In 2011 CBO projected the 3 month Treasury bill to be worth 4.4% in 2021.
The actual 3 month Treasury bill rate for July 2021 is worth between 0.01 and 0.06%.
In 2011 the projected 10 year Treasury note bill rate was projected to be 5.4% for 2021
The actual 10 year Treasury note bill rate is 1.24% In July 2021 ...
Second Quarter 2021 Personal Income: "Current-dollar personal income decreased $1.32 trillion in the second quarter, or 22.0 percent, in contrast to an increase of $2.33 trillion (revised), or 56.8 percent, in the first quarter of 2021." Americans have lost $2+ TRILLION in savings, Q2 2021 ALONE....