By Greg Hunter’s USAWatchdog.com (WNW 604 10.20.23)
Everywhere you look in the Middle East, you see signs of a brewing war. The world is divided over the Hamas and Israel fighting. It is the most violent division in the world that has not been seen for a very long time. The U.S. Navy has aircraft carriers off the cost of Israel, and Russia is threatening to sink them with hypersonic missiles. Now, the terror looks like it is coming to America with it’s wide-open Southern border. FBI Director Chris Wray is warning a terror attack could likely happen in America in the not-so-distant future. I guess the FBI is not going to go after Catholics and Trump supporters and focus on real terrorists for a change.
The economy is going to collapse, and that is a mathematical certainty according to financial writer Bill Holter. Debt is off-the-charts at record levels, interest rates have doubled and then some, big banks are losing money by the billions of dollars and there is no way to stop the inevitable fall. Meanwhile, people are ignoring the red flashing warning signs and are all in on risky stock investments. The only way this ends–is badly. Today we have a 5% 10-year Treasury which was below 1% in 2020. What could go wrong with 4-fold increase in interest rates? I think plenty, and what’s coming can wipe your family out financially for a generation. The coming war in the Middle East is only going to make things much worse, much faster.
There is much more in the 37-minute newscast.
Join Greg Hunter of USAWatchdog.com as he talks about these stories and more in the Weekly News Wrap-Up for 10.20.23.
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After the Wrap-Up:
Bill Holter will be the guest for the Saturday Night Post. The time for the economy that you know is short, and Holter lays out the reasons why. You won’t want to miss this as Holter includes some words of wisdom and stories from the late great Jim “Mr. Gold” Sinclair.
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