In this episode of the X22 Report: Banks need cash, they are insolvent and they are pushing sales of their products to generate revenue. Student loan defaults soar even with Obama’s loan forgiveness programs. Wages decline and retail sales decline in February. Department stores completely collapse. NAB confidence has hit a new high, what happens next is that the entire housing market collapses. Atlanta Fed revises its GDP down to .9%. Billionaire warns that the US will hyper inflate. The Fed just raised the rates into a very weak economy, this is the slow glide to the collapse scenario.
The corporate media still pushing that there is no evidence for Obama’s wiretapping. Intel agencies say that Obama went to the British spy agencies to get the information. Judicial Watch is suing over Obama Russia cyber attack. Two Russian FSB agents were arrested for hacking into Yahoo. Seems very convenient at this point in time since these agents are in Russia.
Listen to the episode below:
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