RT – July 5, 2018: In this final episode of the Keiser Report from Paris, France, Max and Stacy discuss stock market investors acting as if a genuine trade war has erupted between China and the U.S. They also look at nations, including Russia, stockpiling gold at the same time.
Max Keiser: … Global debt to GDP is almost at 300%. You know countries like Japan it’s way higher, and one big central bank in the world in 2018 – 2019 will go bust. Probably the Bank of Japan, but could be the European Central Bank… And that would be an enormous catastrophe in the financial sector. And gold will be a safe haven place, and Russia is anticipating this, because it has been trying to do trade with the West for a long time, 15 years – 16 years under Putin and the West. America keeps rejecting this overture, lets trade, lets trade, but they keep categorizing, putting Russia into the camp of “this is why Hillary lost” they (the U.S.) don’t want to do trade. America has given up on being a free-market economy, and wants to be a top-down politburo driven price-fixing central bank led dystopian economic nightmare. So Russia is saying, OK fine, we will just keep buying gold until this thing blows.
Stacey: It’s not just Russia, it’s many countries…
(BattleForWorld: Does it sounds like the production to collapse the world’s economy has began? Yes it has!!! The four big international central banks are: The Federal Reserve, The Bank of England, The Bank of Japan and The European Central Bank.)
The Coming Economic Collapse