The Economy Is ALREADY CRASHING! - The GHOST CRASH Explained (with Stephen Kendal)

joshsigurdson (76)in #money • 5 years ago

the economy is already crashing the ghost crash explained with stephen kendal thumbnail.png

In this video, I talk with @StephenKendal about his coined term "Ghost Crash" and what it means.

While people have been claiming to us that we've been talking about the coming financial crisis/crash of the economy for ages as if that somehow debunks basic economics, according to Stephen Kendal, the crash is already happening and one should look no further than the vast amount of debt being pumped into the economy as well as the artificially propped up stock markets. He calls it a "Ghost Crash" and breaks the extensive issue down thoroughly.

We never truly saw a recovery after 2008, we have only seen an artificial prolonging of the inevitable. With tens of trillions in debt in the United States, talk about lowering interest rates in countries throughout the world and people flooding in huge numbers into cryptocurrencies like Bitcoin as well as gold and silver, there's on doubt we are on the verge of a major transformation world wide.

Stephen explains what he believes will be the true price of gold and silver following the inevitable collapse of the bankrupt banking system. He also talks about the future of blockchain technology and how major corporations like Facebook are looking to co-opt the market with things like Libra Coin.

Finally, Stephen talks about ChangeAngel, an exchange he has recently partnered with. ChangeAngel has an extraordinarily unique infrastructure compared to other exchanges where you always hold your crypto. Exhcnages happen from one wallet to another. It's a self coined "non-custodial swap exchange service."

The future is bright! We just need to understand the problems to find the solutions and there are more solutions than there are problems in the end!