Mark Koernke opened the show with discussion of winter weather conditions in Michigan and the inauguration. The episode featured an extended segment from the X-22 Report analyzing economic collapse indicators, including Deutsche Bank warnings about global economic rollover, housing market crashes, negative interest rates in Europe, and predictions of an inflationary depression. Koernke and callers discussed preparedness strategies including tangible assets like gold and silver, food storage, and water reserves as protection against currency collapse. The show covered Federal Reserve policy, comparisons to JFK's currency initiatives, historical taxation issues leading to the American Revolution, and warnings about credit freezes and inflation affecting welfare recipients and those dependent on fixed incomes.
Vitamer toothpaste and mouthwash is a unique natural formula not found in any other oral care products with a gentle combination of zinc, folic acid, mer and clove oil. Vitamer effectively whitens teeth, removes plaque and freshens breath and it does it naturally without any harmful chemicals. Visit us online at vitamer.com that's v-i-t-a-m-y-r dot com. or call us today to place your order at 1-888-558-8482 that's 1-888-558-8482 keep your teeth and gums healthy with Phytomer toothpaste and mouth I had a dream the other night that well I didn't understand a figure walking through the mist with a flintlock in his hand his clothes were torn and dirty as he stood there by my bed he took off his three cornered hat And speaking low to me, he said, We fought a revolution to secure our liberty. We wrote the Constitution as a shield from tyranny. For future generations, this legacy we gave. In this delight and home of brave. The freedoms we secured for you, we hoped you'd always keep. But tyrants labored endlessly while your parents were asleep. Your freedom's gone, your courage lost, you're no more than a slave. In this delight of free. Brave. You buy permits to travel and permits to own a gun. Permits to start a business or to build a place for one. On land that you believe you own, you pay a yearly rent. Although you have no voice in saying how the money's spent, your children must attend a school that doesn't educate, and your Christian values can't be taught according to the state. You read about the current news in a regulated press, and you pay a tax you do not owe to please the IRS. Your money is no longer made of silver nor of gold. You trade your wealth for paper so your life can be controlled. You pay for crimes that make our nation turn from God and shit. You've given government control to those who do you harm so they can burn down churches and keep our country deep in debt. Put men of God in jail. Harash your fellow countrymen while corrupted courts prevail. Your public servants don't uphold the solemn oaths they've sworn. And your daughters visit doctors so their children will be there. Your leaders send artillery and guns to foreign shores and send your sons to slaughter fighting other people's wars. Do you regain the freedoms for which we fought and died? Or don't you have the courage or the faith to stand with pride? And are there no more values for which you will fight to save? Or do you wish your children and fear arise? Defend the Constitution, the supreme law of the land. Preserve our great republic and eat God's given right. And pray to God, freedom bright, as Iowoki vanished in the midst of whence he came. His words were true, we are free, but we have ourselves to blame. For even now as tyrants trample each God-given right, we only watch and tremble, too afraid to stand and fight. Stood by your bedside to dream while you were asleep, and wondered what remains of the freedoms he'd fought to keep. What would be your answer? He called out from the grave. A telephone rang. Yes, telephones are ringing everywhere. Good morning Mark. And good morning ladies and gentlemen, this is the first hour of the morning intelligence report. I'm Joe McNeil. Once again, one day closer to victory for all of our brothers and A.com at work in the morning. On India, free to talk, sure you get that right. And we are on the Lex morning of A-10 network, it's Park and Golden Spike Tech. Alaska and good morning to our friends in Jefferson who better be getting ready to peel off in fact you better be hacking chopping you better be shouting to the planet up there in your neck of the woods right now pick them pickle smoking mirrors up there guys and for that reason I would say the great early small by comparison the sunshine last night we got violent just sound of blazing and you can't look I've been saying about this so T right now guys you can't define I'm looking at the and you can't define the shiny here, Captain. What's it like over there in your neck of the woods? What's jumping off the wall, sir? Well, it is 24 degrees here today after a little bit of that. I think we got about four inches of snow there yesterday. Snowed all day. But today we got overcast and then tomorrow more snow. And the day after that, more snow. Then a little rain, little rain, then more snow. So it's gonna get interesting here. But it's still, it's still, it's still, it's still. This is over, man. What's up? It's winter. You know, we actually got the, probably the dusting. You'll be here again. It's gonna be slick this morning. I think we should mention for our guys getting up and heading out to work and slow down, paying attention. Like I always say, it's always the other guy. Watch out for the other guy. Yeah, we're doing fine. I drive, I drive, I drive Michigan always, you know, we've been here forever. So for us winter, the big thing you have to do is back off the first country that drive in this area. Oh wow we got almost a whole month of trouble. Well not really because you got to remember the inauguration was what day so panicking about that. Ukraine here not once has the eastern Ukraine ever gone on. I mean already this is the place they want us to go in. The Russians have not not once have the Ukrainians moved the eastern Ukrainians have been shooting at each other all of the offense have been biased from the Ukraine. I wonder where the gold went. I have to guess Everybody goes, oh, the bummer is Muslim. These are cooperating with the Israelis. Oh, shut up. Ty Eater there in Georgia, TriStar. Second, great. Not even a front one. Why didn't that get a lot of news? I'm glad you brought up financial stuff here because I got a video I wanted to play this morning that I stumbled across called the Dutch Bank Collapses happening now. Well, that's why they brought the most. Right now with Holland, they're thinking about this. But right now is I keep the people down. They needed more knuckle draggers so they can already fell. Remember, they state than any of the others except maybe belgia holland is notoriously bad that's where the haig is the international court a haig holland yeah that brings us back to the US here but let me just do this real quick. Europe. You have interest rates in the point of Sweden but they what's negative interest rates you put money in their bank and they steal it from you and they just keep stealing it from you it's like wow well wait a minute but we're the bankers we're the people banking with you you're supposed to protect our money no Your money is our money and you're all slaves and plebs and we're gonna show you. Now another thing real quick, I'm not gonna give you sanctuary state instead of a sanctuary city, but it's not that big. We're joined at the hip New York City, which by the way, California is in... Generally the governor of California is in conversation with the president of Mexico. How are you and Cali- fact together and be ready to either A, leave California? The cooperative group of economic delegates, economic delegations, but it's not an embassy. It's similar to, and in fact, you can do the same thing you do in embassies, you can go the site. China is already on the ground. The Bundy Ranch, guys. He's been marching right up the stand off. These pieces, this. Yeah, it's all ready to go. Go right ahead. Holland, all their machines are going even as we speak. Bum, bum, bum. You're listening to the X-22 Report. My name is Dave and this episode is 1188A and today's date is January 26, 2017 and the title of the episode is Warning, Deutsche Bank Reports Global Economy. Well, it's about to roll over. Let's get into the economic collapse financial news now today. We see the stock market Well, it's continually moving up and up and up and the corporate media is making a big deal about this is a Trump euphoria Unbelievable, and it looks like they're trying to take what is happening in the market and they want to hook it to Donald Trump and what is happening right now is there trying to get everything together so they can blame it on Trump. Now, what's very interesting is that when Obama was in office, the statistical numbers looked fantastic. Everything was great. And then once the election was over, all of a sudden we can see that the statistical numbers, well, they're starting to change. And what they're doing slowly but surely is they're going to link everything that he's doing with the economy failing. Now, this is why we've been tracking the economic collapse, what has been happening in the economy for a long time. So they can't say, hey, look, all of a sudden things started going the opposite direction. So what they're going to be doing is unemployment will start to rise, initial jobless claims will start to rise, the housing market will get worse, and they'll start saying it's because of Trump's policies. And we're already starting to see some of this. Initial and continuing claims, well, they've been trending lower and lower and lower towards the election period of time. And while Obama was in the White House, it looked fantastic. It was Hitler's as low as 1973. And ever since, they've been moving up. And what's very interesting is that we talked about the Fed's National Activity Index. And that was doing absolutely awful. Actually, it was the opposite of what was happening in initial jobless claims and continuing claims. Now, as initial jobless claims and continuing claims are starting to move up, we see that the Fed national activity index is going the opposite way. So the central bankers right now, the elite, are saying, hmm, look at this. We're saying everything is fine. So we're hearing a lot of buzz about this fast, what is it? Oh, this fast. Apparently you have a lot of... And it looks like the economy is getting worse according to government statistics. Very interesting. We see that new home sales right now. Well, they've collapsed in December and they only expected a 0.7% decline, but sales crashed by 10.4%. The most since March of 2015. And they're probably going to blame Trump for this. Why? Why all of a sudden would things start to change? Well, when we've been looking at the housing market, they haven't changed. But now they're reporting that the housing market isn't doing as well as they thought. And of course, remember when he first came in, he decided to reverse what Obama did with lowering the fees that subprime people would have to pay to get a loan. So we can see already that they're going to blame the housing market turning down most likely on what he's doing. Now this has nothing to do with that. The housing market was turning down way before that. They were trying to lessen the fees to bring more people in to blow up the debt. But what we see happening right now is there are a lot of things occurring and things are rapidly falling apart and if we look we can see that the Midwest crashed by 41% and it's just absolutely awful and mortgage apps they've been declining they have a little pop-up, but things are actually getting worse and as time moves on it is not going to get any better whatsoever now It seems to be a strange coincidence that the Dow hit 20,000 points and we're at almost 20 trillion dollars worth of debt. And we have the number 20 on both here. And what that tells us is that the stock market will buy the debt, buy the creation of the free money. And that is what we're seeing. And we know that this debt is unsustainable because The budget director that Trump appointed, well, he already told us. We have major problems coming up. We have the debt ceiling vote coming up in March. And we can see already that Trump is cutting a lot of programs. He has a higher increase on government workers. And we know that as we move forward that things, well, they're going to deteriorate very, very quickly. We're already starting to see it. Trump's expected ambassador to the EU. Well, he's looking at the situation saying, short the euro. The EU is going to collapse in the next 12 to 18 months, maybe even sooner. Now, that's quite scary. He did say, the one thing I would do in 2017 is short the euro. And we can see what's happening out in Europe. We can see the UK is about to leave. We can see that Italy, France, and many other countries, they're going to follow suit. and the central bankers, well, they're going to fight to keep all these countries. And which means, when these countries start to leave, one way or another, the EU is going to have major problems. We're going to see the Eurozone completely break up. And this is going to have a domino effect across Europe and then back into the States. And we see right now that the Eurozone is going to break up. And now we have Deutsche Bank. They've come out with a warning that the global economy, well, it's about to roll over. Deutsche Bank's European equity strategist, Sebastian Riedler, highlighted that according to the latest flash PMIs, global growth momentum hit a six-year high in January. And they went on to say, with global macro surprises close to their all-time high, much of which has been predicated on the relentless debt creation by China, which just got instructions to slow down dramatically in the current quarter. The Deutsche Bank strategist says they are likely to roll over from the current elevated levels, resulting in a slowdown in global growth in the coming months. Now we talked about global growth, world trade, and we know that this is very low And we know that it's a complete illusion. And what they're saying is that things are starting to freeze up. Everything is about to change. Finally, they're saying there's no more cash on the sidelines. Cash holdings for US mutual funds are close to a five-year low, suggesting that little money remains on the sideline waiting to come into the market. I mean, at this point, we can see that things are getting ready to completely reverse themselves. We can see that the central bank, they're getting ready to change it up and show that the economy is deteriorating right now. The numbers that are going to be coming out, well, they're not going to be those great numbers anymore. Things are going to slowly deteriorate over time. because they need to set up the narrative that the economy now is getting worse. We went through eight years of incredible growth. The economy is fantastic, and now it's slowing. And as Trump puts his policies forward, things are going to get worse. This is the story they're going to tell, and we can see it has already started. And we know for a fact that we've had no growth whatsoever. The entire eight years it has been one big illusion to trick the people. If we go back in time, we've been looking at retail. Has that improved? No, it's contracted. We've seen more and more stores close every single year. More and more people get laid off. Have corporate profits improved? No, they have not. How did they make the housing market look good? Well, they blew up bubbles in 20 different cities with free money. They told hedge funds, investment companies, buy as much as you can. Don't sell them. Keep them off the market. Banks, same thing. Don't foreclose. Keep them off the market. Pushes prices up. Speculators come in. GDP. They rework those numbers. They added health expenses in there. They added research and development. They went all the way back to 1929, recalculated all the way to the present time. The last GDP numbers that came out that were 3.2, that was an export of soybeans. A one-off thing that everything they've been talking about, well, it's been an illusion for a very long time. And we're heading towards an inflationary depression. It's coming. And this just the beginning. We've been in a recession. Remember, governments don't report recessions when they actually start. They go back in time and say, oh yes, by the way, the recession started February of 2016, just to let everyone know. But we've been in a recession. We saw all the indicators flashing that we're in a recession. And right now, we are in the beginning stages of a depression. We have 20 trillion in debt, over 200 trillion in unfunded liabilities, over a quadrillion, yes, I said quadrillion in derivatives held by banks. Our GDP is only about 17 trillion a year and world GDP is only about 60 trillion. And it doesn't take a math whiz to realize that even if we're not paying any interest at all on these massive debts, there's no way to ever pay it back unless we default. And this is what's being planned right now. Trump is the master of bankruptcy. Trump is the master of taking a business that is not doing well and bringing it through a default. This is what he's getting prepared to do here in the United States. And this is exactly what a depression is. It's to wipe out all the misallocation of resources and bad debt. And it resets the economy. And this is what is about to happen. Now, we have to understand that going through this period of time, it's going to be very rough for a lot of people. Because all the, all that currency in the bank, all the currency that is made up by digits, well, that's gonna be gone. They're gonna replace it with worthless bank stock. This is what the Bail-In documents were used for. This is why they were created. And the banks are gonna take those funds. And we're going to see inflation as the currency is collapsing. And when we see inflation, that means prices are going to go up. It means the value of the dollar is decreasing. And it's going to be very difficult to purchase goods. This is why you should be purchasing these goods all along because you don't have to worry about price. You don't have to say, oh wow, look at that bread, it's $75. I already have bread. I have it frozen. I kept it. Or coffee or anything else. Think about all those individuals on food stamps who are receiving a fixed amount from the government. Let's say the government continually pays out with that money, even though everything's collapsing, just to keep those people happy. Someone who's receiving 500, 600, 700 a month, and the cost of food goes up 20, 30, 40 times. Can these people survive? Are they going to be happy? Then let's take it to the next level. What happens when those funds are not paid to the individuals? So you can see where we're going with this. Credit is going to freeze up. It's going to be cut off. And those people who've been living on credit and have been going to the supermarket and other places using their credit card, saying, hey, I'll pay that off later because they don't have the cash in the bank. What are they going to do? Because will not work in the beginning. They're gonna want cash or whatever currency you have in the bank I'm Morgan Fairchild, you know after a few Ian baggy. I'll tell you now give me a second there Okay, just got very much more ago. That's okay. The can down the road for that gets rid of problem altogether find the shysters who know mix economics But it was you know, what that you've been seeing coming out of the woodwork the beat you down or sitting upon you? Well idea here is that in the no confusion? of anybody who has been popped out of me number one there are several several ready well hang on give me a second here see if we can roll it back all right yeah here we go and the bubble side the head I'm telling you but only currency you have in the bank there's any left so this is going to be a very tough situation and we are in the beginning stages of this and trump It looks like from everything that I'm looking at is going to guide the nation through this. Now, people are going to be very angry with him. People are going to blame him for everything that's happening. The central bank, the corporate media, everyone's going to be pointing their finger at him. They're going to say, look what happened. Obama was great. Look what you just did. And he's going to have to guide us through all of this. And it's going to be absolutely awful. But on the other side, the country will emerge a better country. The manufacturing will already be set up. He's all ready to bring it back. He's all ready to bring back employees, but we're going to need to go through that period of time first. Listen, everyone. Thanks a lot for listening. Be well, be safe, and especially be prepared. Thanks a lot. All right. There you go, man. That's a little bit of a heads up. I looked at a lot of financial stuff here yesterday, and I thought this one was pretty informative. But you know, which is kind of ironic because yesterday Jeff Bennett and I were on the air We just took an hour out of the middle of the day there for nothing else to do I suppose and was talking about finances gold and silver and these sort of things and When and our country goes through an economic something, you know, like we're facing here right now Gotta have a little something there to create a bridge to the next whatever it's going to be and that is pretty obvious and it has to be something tangible. So, once again, gold and silver fits in. Some of these things, as I was talking about yesterday, have died off in interest or for reasons of lack of funds or what have you. But that's not to say that you're not going to need... You don't need a million dollars worth of gold and silver, my friends, but you do need enough. to get you through a period of time and that's a number that you would have to determine. You'd have to figure that out. For example, if you go through, let's just say for simplicity, if you go through $1,000 a month in groceries, then you need $12,000 in gold and silver if you wanted to look at it that way to get you through a year of whatever we're facing. and the only ones that are going to make it to the other side as he was describing was the people that are on welfare and these sort of things, as the inflation starts to roll in, they're going to be able to buy, or only be able to buy less and less and it's not really going to sustain anything. So the only ones that can survive everything that he's talking about and that what we're witnessing right now is those who actually have tangible assets. period. I needed him at a certain spot. I went to a yard, went to a sale, I had a lot of other tools there, but I didn't have any fasteners or anything. Now that's how this goes, I'll just buy it off the shelf. So we're at a point, and we're actually at the later end of it, we're not in the middle or the early American industry. What's going on now, which is anybody retired, the real American industry, they took part of their industry, they took the tools, a whole bunch of industry extensive in the paper, where there's five years, hell, as long as they've been on the air. commodities though in the last three years guys not wanting to come off any of the gold futures well the estimated value of the gold you know you're going to invest in at the end of this you're going to get an investment plus right and well you got a piece of paper people said I invested in gold I bought gold futures you didn't buy jack squat in the way of gold and when people paper when the paper came to maturity here's what the we covered this step by step the three largest carriers which really are the ones in the market don't confuse this with real gold your hand or the copper and your At the end of it, you can either take a cash, you know, two more commodities, paper, FRN. I want my gold and the interest. Yeah, well, we'll give you a 15% over. No, I want, we'll give you a 40% over the value. No, I want my gold. If you just take cash, paper, you know, paper, FRN, you won't just take digits if they give you either, guys. We'll put all the indigenous right in your bank accounts. Give you a hundred percent of the over. In other words, these people had to take it because it was take it or nothing. You get the gold. you see, sudden you didn't get at the end of what you thought you were going to get. So that little trail, well, that's all a lie. It's an example of this, the stock market, if they hit the switch, they want to, you know, like you're talking about screw Trump and they have been pulling this off. They have been waiting. They have been dragging out as far as. Well, like he pointed out for eight years, it's been like a stalemate. Well, it's been doing any good. Bummer didn't do any good help. Bummer attacked every American company who was here, guys. Yeah. Except for the communist. Candy Company incorporated or queer ice cream company like you know Ben and Jerry's oh you oh you're the you're Jeff Paul thumbs up manufacturing companies do we need to remind everybody what happened with Gibson remember the guitar guitar attack guys yeah remember that was a joke assault troops combat troops going in and riding up on wood on wood carving artists the pig you in the in the outhouse you had a pig combat troops you know knuckle dragging parasites federal government. But once it got the order Gibson and we're laughing high five and you remember that? Do you want to give it a day? Remember this? Can I jogging everybody's memory about this years? He's describing this financial thing. It's going to be like a releasing a rubber band. Right. They held it to you. They pulled it and stretched it all the way back as far as it'll go. And now that Trump is in office, let it go. The big thing is, here's the thing that they are terrified of because there's a couple of things could be done if he really wanted to get rid of the Federal Reserve. Better gun up everybody armed up and ready to fight. When you hear the word crash, stand something. You know what a landing is actually called? In flight terms. If you've ever taken any flight classes, the things they teach you about is understanding flight terms. If you're landing, there's a gravity. Here's the thing. Back in the back with the reason that a president was executed, using the system hurt you, be raped of all instruments. John F. Kennedy did not create United States. John F. Kennedy simply reintroduced came up with the formula so that the country would but in fact here's the thing about it even those pig bankers would have been okay greedy SOB they can't have everything taken at it until the y'all who are all Kennedy had it in place why the United pulls $5 bills and 50s hundred dollars some jerks to it well if you're or yes come on Kennedy didn't invent needed you don't know this is no Kennedy took an existing piece of currency that has no interest development, and in the process all of the other banking currency instruments and cycle them out to zero interest. Everybody would get their bucks. Even the bankers, even these big bankers would have gotten big bankers had a plan because it's joint. It was tied into the International Monetary Fund and the International Monetary Fund and the Federal Reserve are tied into the Bank of England and British Mile and Old Royal. All the things we shot out of this country, a war, it took years it was a bloody mess it was painful and it got rid most people don't realize we had 10 years of depression 10 years of heart in the column leading up to the American War for Independence why? 1865 to 75 non-stop on the population here comic wars and Macbears and gold interesting the numbers were all smart as what it is or why it is they chose to go already let it go away. Numbers and interest information that you're seeing here a few times but the Patriots of 1775 went to Think about that for a minute. Percentage of taxation and what type of and how they can stretch it up. It's terrible about the eviction and the confiscurrency and the ability to feed yourself. They're not just in the free sit-off. I got a bright-eyed family saying, any process changes the number. All of us with food reserves on the shelf. The key, water and food are life. Wednesday, by the way, protect that which you have which sustains your life. And you have a legitimate reason for doing that. It's a natural right of defense. All of these are natural rights. Go natural. Yeah, well, I'm not sure what I'll say. Oh organic dudes or organic man. Yeah, we're talking about organic sovereignty How's that sound? We're at the top brother. Yes, we are for everybody out there again Much of dirty persecuting the confusion. Look at all the riots. Look at all the other BS That's all part of the pickle smoking mirror scam understand you've been at war. They had a long time actual Republic Order we should gentlemen the empires stay in night Most important is we don't need to say the globe the globe's gonna have to save itself, but a can saved itself. Make sure every foreigner on this man here will create confusion here so that doesn't happen. What do you think these skanks at the airports are doing? What's all about? Only people gonna save ya? Well, look at America, you guys. You can visit the website, you might be right in the shine of your right now if it's gonna get dark again and we've got a fight at night and secure our pieces of real estate. Give us that and I'm the way out, please. Now you can feel that squeaky clean sensation like none other with Vitamer toothpaste and mouthwash. Vitamer toothpaste and mouthwash is a unique natural formula not found in any other oral care products. With a gentle combination of zinc, folic acid, myrrh and clove oil, Vitamer effectively whitens teeth, removes plaque and freshens breath and it does it naturally without any harmful chemicals. Visit us online at
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