- World Alternative Media
Josh Sigurdson talks with author and economic analyst John Sneisen about the fall of the US economy as Jerome Powell applies “NOT” quantitative easing and the printing press overheats. While the United States has been in a recession for many years following 2008, papered over with fake money to prolong the inevitable crash, 2018 and 2019 have been generally bad years for the economy as the Federal Reserve has been desperately attempting to push off the complete collapse. With interest rates falling and the printing presses going to work, negative interest rates are coming soon and 60 billion dollars are being bailed out via money printing on a weekly basis! The banks are bankrupt and people are starting to realize both the markets and the economy is completely fake. The worst part? People are being forced to pay off the interest on the vast debt being accumulated. All the while, Jerome Powell at the Federal Reserve claims that what is clearly QE4 is not actually quantitative easing. Of course it is and of course it shows how bad the overall economic conditions are. For years we warned of this impending problem as the economy is ultra centralized. Now it is happening and even the most mainstream economists are acknowledging that this is a clear recession.