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Major Power Outages in China! What’s Really Going On?

The following video is brought to you courtesy of the The Money GPS YouTube Channel. Click the video below to watch it now.

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TOPICS AND TIMESTAMPS:
What’s Happening? 0:00
CHINA LIGHTS OUT 0:57
ENERGY SKYROCKETS 7:12
FED RESIGNATIONS 13:30

$GPS INSIGHTS
#1 MULTIPLE CRISIS FACTORS CONVERGING AT ONCE GLOBALLY
#2 HIGHEST PRICES FOR ENERGY EVER IN SOME CASES. MANY SHORTAGES
#3 IF DISPOSABLE INCOME IS DOWN, CORPORATE PROFITS WILL TAKE A HIT

Power is China goes out. The U.S. consumer is maxed out. They need more stimulus in order to continue this economy. And of course, stocks need their artificial boost as well. The U.S. consumer is maxed out. Consumer sentiment is down heavily. Real estate continues to increase in price right now as we see low interest rates keep this going. There is upward pressure on markets right now globally because of the inflation of the money supply. As a result, we are finding prices of just about everything being higher. Money, cash, debt is coming into the markets at this time finding its way into stocks, bonds, real estate. Social security is running out of money. Pension funds are not keeping up with inflation. Natural gas and crude oil prices are rising as well as all energy and food prices. Commodities are rising higher including oil, crude oil.

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The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It’s simply data that is generally not found through conventional means.
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