A Sovereign Debt Collapse Would Be Catastrophic for the Bankers.

hopefully by now you understand what the bond market is all about is the is about the control of the bankers over the national debt uh it's the control of the bankers over your currency is the control of the bankers uh over you and we don't need Bankers to to be happy to produce to exchange and do business with each other Tuesday May 30th 2023 Monaco 64

home of alternative economics and contrarian views I see a lot of people out there saying they need to uh pass this debt ceiling deal they need to increase the debt we can't allow everything to collapse it would hurt billions even throughout the world not just the United States well uh I want to talk about this today and give you my opinion on why it would be

the best thing to do and uh before I do I like to to let you know that yesterday I did a really nice uh interview I was live on the uh unn show with David Clues from Unity Newsnet it was on Rumble he used to be on YouTube but his channel was canceled deleted a couple of years ago uh uh yeah I recommend you watch my

uh my chat with with David Clues he's really on top of things he's based here in the UK and uh I'll put a link to it below in the description so you can go on on to uh Rumble I think he he posts uh another platform on other platforms and he's also on Twitter if you're on Twitter he's got about 42 000 followers on Twitter and

uh the reason why I'm mentioning him as well is that we did talk about all the debt and the system collapsing and and he thinks it would be the best thing for the whole system collapsing because he understands the fiat currency system how Central Banking works and he knows that it would be the best thing for individuals for individual freedom and he said something really interesting

uh he said that well he gave an analogy for example if you uh had an injury and uh your finger uh got really infected and it was really bad and it was spreading to your body and it might kill you the best thing to do would be to cut the finger amputate the finger to save uh to save you and and I think uh yes it's

not very nice to cut a finger off but uh there's a choice to cut it off or die and and I think this is what this uh debt ceiling situation is the the national debt is becoming unsustainable uh I I've seen here that uh Zero Hedge has written about it that uh the cuts they're promising in real inflation adjusted terms are actually increases so it looks

like Kevin McCarthy has uh yeah he's back down and uh he's willing to allow this bidenomics to be implemented this uh 2030 agenda to be implemented into the US and that's why I think uh yeah a collapse of the whole system would be good uh we'll have to see what happens uh I think they're they're gonna vote on it on Wednesday and and it's important for

the whole world because I I see here that uh the labor party uh is proposing to Force landowners to sell uh their land at lower prices so it looks like they're coming after the farmers here too if labor get in of course at the next general election I think it's next year and even their Shadow Chancellor this is the uh individual that would be the chancellor

of the X Checker if the labor party was in power her name's Reeves she said uh she Embraces bidenomics as blueprint for a labor government so God help us if we get biodynamics uh in this country it's already things are already quite bad with the the collapse of the currency and I'm not surprised it's all coming home to a roost like I've told you for many

years and I'm not saying I told you so uh and I wasn't predicting it I was just uh looking at the consequence of all the deficit spending of all the easy money it never lasts forever and uh we see here that the inflation is not going to stop and by inflation I mean the rising prices it's gonna get worse because uh policymakers Central Bankers uh they

they don't know what they're doing and hopefully things will collapse uh so we had today UK shop price inflation or UK prices actually uh that's the other thing they do they they keep calling price Rises inflation but anyway Rises to record high industry data show so the uh British retail Consortium BRC says that the cost of shop items Rose torn annual rate of nine percent last

month from 8.8 percent in April so how did the CPI drop last month according to the government well you know how manipulated uh these numbers are but anyway it's not going to get better and uh yes and here I am talking about the politics the left and right conservatives Labor uh Republican Democrats and uh it's just a distraction and I'm gonna reference a book that is

controversial and I don't agree uh totally with everything uh Captain Ramsey said back in the 50s I think he wrote this book it's called the nameless War it's a book that's controversial but he talks about the creation of the bank of England in 1694 and this is what he says on page 17. the political and economic Union of England and Scotland was shortly afterwards forced upon

Scotland with wholesale corruption and in defiance of formal protests from every County in Borough the main objects of the Union were to suppress the Royal mints in Scotland's well why is that well because Scotland still had control of its coinage through the Royal Mint and now you had a bank of England you had to impose the fiat currency well and it wasn't yeah it was fiat

currency system because the bank of England could could create money out of thin air even back then they had to impose the bankers control on Scotland and uh am I saying that I'm for Scottish independence um maybe but I'm not sure that the Scots would go to a back to a sound money system now who knows but anyway let's continue and to force upon her that

Scotland too responsibility and and here's the key responsibility for the national debt so there you go without a central bank imposed as a monopoly by the government it's impossible to have a national debt because the purpose of the central bank is to to keep this national debt going with its member banks it's all and they control uh the bond market the guilt Market the treasury market

so that's why I'm saying if we uh well if the people in Congress have the cojones to let this thing go it would be the best thing ever and this is what he says the grip of the money lender was now complete throughout Britain and here's the interesting part the danger was that the members of the new joint Parliament would sooner or later in the spirit

of their ancestors challenge this state of affairs well they didn't they did do it though in the colonies uh about 75 years later right and that's why there's so much there's so many uh the founding fathers that war against Central Banking but and this is what he says to provide against this therefore the party system was now brought into being frustrating true National reaction and the

name enabling the wire pullers to divide and Rule using their newly established Financial power to ensure that their own men and their own policies should secure the Limelight and sufficient support from their newspapers pamphlets and banking accounts to carry the day Captain Ramsey was an MP and he was in prison for four years during World War II by Winston Churchill uh yeah he wasn't allowed to

speak so there you go that's why I'm saying it would be best for for everything to collapse really uh because I think what they want to do is keep it going for maybe another three four years if they can because the debt is getting unsustainable but then they'd have even more control of you and they'd be able to impose their their agenda 2030 their cbdcs so

I think if it does collapse they're not prepared for it so that's why I'm saying it would be the best thing to happen anyway let's quickly look at the markets this morning it's quarter past 8 A.M London time so we've got uh spot gold at 1938.50 that's down about four dollars low has been 31. the Heisman 47. and again uh I wouldn't want to get rid

of my gold and silver right now this is it guys uh I think we're very close to some kind of event and even if they can continue to have their grips uh of debt around our necks uh it it will eventually uh come off even if they keep the control but it's a way of protecting yourself financially you and your family and even friends if possible

so uh we've got silver at 23.07 that's down about 10 cents to the uh stock market while the indices are down about uh very little actually nothing to report their uh negligible uh drops here to the currencies uh Sterling is down slightly 123.47 the euro is down about 0.2 though at uh 106.87 and uh yeah that's really it in terms of the currencies there's not that

much move let's quickly look at the Commodities see if there's anything going on here yeah WTI Crude is down about three quarters of a percent at 72.40 uh Brent is down half a percent 76.50 high grade copper is down just under a percent at 365. uh Platinum I know a lot of you like platinum and it is a precious metal of course that's up four dollars

around a thousand and thirty and back to that Banker controlled Market the Government Bond Market and uh yes if everything doesn't float don't be fooled into thinking that the best thing to do is to buy government bonds no government bonds are gonna vanish from the earth if uh uh if for some reason it happens and the national debt is defaulted upon there won't be a market

for U.S treasuries there won't be a market for a UK guilds and hopefully that won't be at market for European government bonds it will be like the sovereign debt crisis that we had in Europe uh amongst the Mediterranean countries we saw the 10-year yield I think in Greece go to 40 percent that basically means it's just uh finished and we could see that happen it would

be uh truly amazing it would scare the majority of people they think it's the end of the world but it's actually the the beginning of a really hopefully good age because it still depends upon the individual what we do it doesn't mean that things will be hunky-dory if everything collapses we still need to work on things because yeah there's not going to be anyone there to

help us we need to help ourselves anyway let's see where these Bond markets are uh the two-year Guild yield uh is that 450 it's up one basis point so it seems to be a little bit under control but yeah the 10 years unchanged at 433 and end the 30 years at 465 to the US Treasury Market at the one month field is at 579 so it's

dropped below six uh we've got the two-year yield at 456 down 2.8 basis points and the 10 year is down five at 376. hopefully by now you understand what the bond market is all about is the is about the control of the bankers over the national debt uh it's the control of the bankers over your currency is the control of the bankers uh over you and

we don't need Bankers to to be happy to produce to exchange and do business with each other the reason why it seems like we do right now when they talk oh you need credit you need to be you need to be banked you need a bank it's because they've taken over it so so badly they've uh they've used uh this phony fiat currency to buy everything

up so that's why everything is so unaffordable but I would say in a world without the bankers control of the national debt and with no national debt uh we could see uh great potential for the general public not for them of course and that's why they're gonna fight uh tooth and nail to the end to keep this going so with that I'm gonna wish you all

a very good start to the uh shortened uh work week and uh yeah I'll uh talk to you later take care bye