In this episode of the X22 Report: Argentina has been bailed out by the IMF with the biggest ever loan in IMF history. UK retailers are in trouble, more stores are closing down and the press is contributing this to online sales. Consumer credit growth has slowed, savings is declining, this is a recipe for a disaster. CoreLogic reports that more than half the homes in the US are overvalued, just like in 2008. Household wealth rises to an all-time high, but it is all funneled into the 1%, we are now back to the great depression levels.
Ben Bernanke believes the economy will not make it until 2020. China’s new Silk Road is the new world trading system. DOJ confirms that Obamacare is unconstitutional. DOJ will be releasing their report on the Clinton email probe around the 14th of June. The DOJ is now bringing charges against a long time leaker which the FBI knew about and this goes deep down the rabbit hole and confirms what Q has been saying about the phones. Facebook has said many times they are not a new organization but now with their new policies, they might have to abide by the rules. Pentagon looking into why we need to keep troops in Africa, looking to remove them.
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