#market #economy #monetarypolicy #hoseholddebt https://youtu.be/GfpaXFKudI8 In today's report, I look into how monetary policy will most probably be ineffective against the potentially huge global supply chain shocks as a result of the current crisis that emanated from China. I will also cover the early market action from London as usual and talk about why I think volatility will continue and why precious metals like gold and silver are the best safe havens out there in the financial world. HOUSEHOLD DEBT AND CREDIT REPORT: https://www.newyorkfed.org/microeconomics/hhdc Subprime Credit Card Delinquencies Spike To Record High, Surpass Financial-Crisis Peak: https://www.zerohedge.com/personal-finance/subprime-credit-card-delinquencies-spike-record-high-surpass-financial-crisis-peak Markets remain complacent about coronavirus despite sell-off: https://www.ft.com/content/e0ca01ee-57cb-11ea-abe5-8e03987b7b20 Use promo code maneco64 to get a 0.5% discount on physical gold and silver bullion purchases at https://www.goldinvestments.co.uk/ GlintPay App, Save and Spend in Gold - Use referral code MarioGlint79 https://glintpay.com/ Support the channel: Teespring Store: https://teespring.com/en-GB/stores/maneco64 ttps://www.paypal.me/maneco64 https://www.patreon.com/user?u=3730528 Crypto donations: MONERO: 443HZ51ibn1MUD65R42hLNj934Cjq9oEbXaZ68UWeKdAg3qmgM6gL2qMnutYDyn8GnZEDf1yvsqkw11wXgrkm4wFDpDk58u BITCOIN: 1AkNoKzbZXJ75BbeGkD2ekUDJQNWDrBgMA BITCOIN CASH: qzfcsu05c9ephzv8qzl7ysvn4lfclzneescfhre4r5 BSV: qr20w4glrt5urr63c2xrqaxa3ken2qy5hqdxr3kv34 ETHEREUM: 0xfffd54e22263f13447032e3941729884e03f4d58 LITECOIN: LY6a8csmuQZyCsBZbLDTQMRuyLdsW9g2na DASH: XhxxKD8YHjAdE3hYG7AuCw4EwUrCjZWqGK BAT Currency: Uphold a/c name maneco
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|---|---|
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Thanks for keeping us updated and educated, Maneco64. I believe the tsunami is coming. Preparing and praying for the young.
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Setting aside C, Chinese financial function is deteriorating. For example, HNA Group, the former top share holder of Deutsche Bank is under government administration due to lack of liquidity now. Founder International Inc is also struggling to redeem their corporate bonds. The financial crisis spreads over all continents.
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