We Are All Looking In The Wrong Direction, The Collapse Is This Way - Episode 1578a

in cryptocurrency •  7 years ago 

Russia and Iran discuss using cryptocurrency to bypass the dollar and sanctions. We have been paying attention to the wrong interest rates, the rate which we would should be watching is he Libor rate. Italian banks are exposed and banks around the world are exposed to the Italian banks, this will not end well. We have now hit the credit cycle peak, we hit this peak during the last recessions, we are at that point. There are multiple indications that point to one thing and one thing only, a collapse of the economy.

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Thanks. It has bothered me for a while that you use only the word 'blockchain' which is nothing more than an automated ledger. You cleared it up today and I hope many people understand the "decentralized" and "distributed" part of a coin is more important that the blockchain part which only prevents the chance of a double spend.

"You can't just hit one server, they are all over the world."

Thanks again, Dave.

Thank You Dave, Great Spotlight Reports.

Thank you Dave for the information. The economy is a mess and we need to get ready for it.

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