Last broadcast, Terry Sacka, AAMS did a deep-dive into why right now is the time to be in physical assets such as gold and silver more than it ever has been.
In today's broadcast, Terry Sacka, AAMS explains why the American economy seems ok as viewed through the lens of the media. Is it really getting better? Have we conquered our obstacles and challenges? Or there is something coming that we, the people, can't see coming.
I saw a wave, a dark wave, come over our nation. And it's not just the election, of course, but this program is going to be all in the name RIGGED because when I, and we formed RIGGED, it was because of the financial system, but RIGGED is now becoming common in America. And it's all RIGGED [against you].
RIGGED [against you] is a wealth and finance podcast designed to help you achieve your financial goals through advanced savings and investment techniques.
RIGGED [against you]:
I saw a wave, a dark wave, come over our nation. And it's not just the election, of course, but this program is going to be all in the name RIGGED because when I, and we formed RIGGED, it was because of the financial system, but RIGGED is now becoming common in America. And it's all RIGGED [against you].
Terry Sacka AAMS:
Today, we'll be discussing why it seems okay out there. Um, I know a lot of people are gonna say, well, no it doesn't. But I mean, in the overall of the media and the way the mainstream and the government and everything is being spun, that everything is okay and it's getting better and we've, you know, conquered through the such A, B, and C. Uh , but what there , there's a couple really huge and very , uh, poignant factors , um, especially with data that tell you the real picture and why you better be cautious and why this system is in deep trouble and why we are definitely going into a, a big recession. Uh , but I, I contend it's a lot bigger than that. I contend that the globalists have another plan, and I think this time will be coordinated with some other geopolitical or , um, unfortunate pandemic, whether it be cyber or viral, to create the one big collapse that needs to be done. Um , but what's very interesting here is we have an absolutely unsustainable debt level growth. Now listen to this . And now it's about spending money and what we produce when we spend a dollar, but we're way out of whack our gross domestic product. It's what we, the people produce annually. Um, it grew by about $182 billion, but yet the public debt grew by $834 billion. Public debt is four and a half times the actual production. So we, the people are going in debt four to five times more than we're producing. That is incredible, incredibly unsustainable number. And you know, this is something that is, there's not , now this also goes into with the government, there's an individual, then there's the government. Um, but you know, we're dealing with spending here in the government level, which has basically kept this alive. What's interesting to see , uh, I'd love for people to see this because , um, that's why I've gotta get visual here from time to time. But when you see what we've produced in the fourth quarter, in the GDP versus what actually happened in federal debt , uh, is is pretty amazing. And so we're dealing with the government debt and then we're dealing with individual debt. But the government debt was absolutely astronomical. And we're, we're dealing with hundreds and hundreds and hundreds of the billions. And here we're sending all this money to Ukraine, we're sending it to Israel, we're just spending in the government, they just spend like, they have an unlimited credit card and it's absolutely unsustainable, sustainable. This is what is going to cause the inflation because they're gonna continue to spend money. Then on the flip side, which I find very interesting is the individual we had coming outta the pandemic , uh, starting in 23, we had about $1.9 trillion in savings because we couldn't go anywhere with the lockdowns. People just saved their money. We were spending as a people, we were spending about 1.8, 1.9 billion, well, I'm sorry, $190 billion in savings every month through 2023. So not only is the savings out now, but the public sector is now going into debt. We, the people are now going into debt. So you also had the government, now the government, let's say brought in 200 billion and they spent eight, 900 billion massive debt hole . So you have all of this government spending, which isn't real production. Mind you, I know there's a lot of people make the arguments, government spends and fees, the industrial military complex, and you know, we talk that way, but for the most part, no, it's not because the government is printing money out of thin air, taking that money printed out of thin air and spending it, but they're not getting anything for it. The government is spending a dollar and they're going backwards for $5. It's a terrible equation. This is what happens at the end of empires. So the government has been overwhelmingly spending currency they don't have because they're printing it. And then you had, we the people through 2023 spending $1.9 trillion, $200 billion roughly a month of savings, which the savings are now gone. And it's not that our economy's booming because we're have more layoffs now than we've ever seen in the last 12 months. There has been massive layoffs in the manufacturing sector. Uh, the headlines are now catching up. We're talking about media and , uh, tech and everywhere else. There's just layoffs all over the place. And so it's not like the economy's moving. So the government spent money that they printed and didn't have, and then we, the people spent all of our savings, and here we are rolling into 2024. What do you think that's going to bring? This is a recipe for absolute disaster because we can't raise interest rates from here because the banking system would collapse. And I contend if they lower the interest rates, which it sounds like they're going to, even Goldman Sachs thinks they're gonna lower, you know, four , four bases . I don't believe that. But you know, let's say the government lowers interest rates. It's going to cause inflation regardless of the economy. There is still going to be the inflationary measure that exists. Whether they're telling you that inflation is, is a total lie. You have to go to shadows, statistics , shadow stats.com and you, you know, 1980s matrix of real inflation. And you'll see that we're still double digits. Bottom line is the currency is worthless. Our dollar doesn't buy us the same anymore. The dollar itself isn't worth anything. It's not that these individuals, now , maybe some of them , but not that these individual sectors are running hot or not doing well or just inflationary and they need to just be tampered. No, it's, the dollar doesn't buy you anything. Nobody even wants the dollar. Like even in Vegas, they don't even want the small limit tables anymore. It's like worthless. It's waste of time to have one in five blackjack or $5 blackjack tables or whatever they were, you know, having on the low end. And nobody wants the money anymore. People don't even wanna work or get tipped a few dollars. They're like, yeah, whatever. It doesn't buy anything. We used to go to the grocery store, $20 would fill up a cart and now it doesn't get us, but a couple few items, this is real. So when they talk about inflation, what they're not telling you is the dollar has been diluted into Bolivian . It can't recover. It's going to need a new system is why we need to be extremely protective. Why I'd be going to Cornerstone and getting the word out to people. I know it seems the opposite. The markets are up and everything seems fine. It's just not, it has been fake. The only reason this has happened is the government has spent hundreds of billions. They don't have, they spend four or $5 more than every dollar that they, they had to spend. And then the individual person, we, the people had been basically spending savings. We are in deep trouble financially. This is going to be an ugly recession. Where will the boom come from? You see, and now comes in the issue. What do you do with the interest rates? You lower those interest rates. You're going to see gold and silver go through the roof. Wait until next week. I'm gonna do one a few different podcasts next week. But , um, there's one about China and talking about how much gold they really have. Wait till you hear about all that. I mean, it's just this whole system is corrupt. They're lying. It's rigged against you. And the truth is coming out and we, the people, if we're not prepared, you've been told if the opportunity's been there to know it. And it's, it's vital to know why things are happening, not what you think or c and oh , everything's fine. No it's not. And here's why. A, B, C , these are the core facts. This is the real reason of why this is happening, which isn't a real economy, of course, it's not a productive economy. How could we have a productive economy when layoffs are through the roof? So you have to understand that this has been a smoke and mirror, but the problem is the smoke is clearing and we're gonna have to look at the ugly self real soon. So till next time, God bless each and every one of you with
Speaker 3:
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