Worldview Weekend Economic Update

 

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Exclusive: Worldview Weekend Economic Update with Craig Smith. You often see him on Fox News and Fox Business. Author Craig Smith has a new book coming out entitled “Don’t You Bank on It.” Craig joins us to talk about these topics: 1. How the banking system is worse today than it was in 2008 and many banks are not solvent. 2. How the International Monetary Fund stepped in to the U.S. economy to stop the erosion of the U.S. dollar in 1977 and how they will do it again. 3. Capital controls are coming to America and what will they look like? How your money is actually not yours when it is on deposit with the bank but is actually considered an asset of the bank. 4. The FDIC does not have the money to cover even four of the largest banks in America should they default. 5. Inflation, deflation, and/or social unrest. Which of these are likely if at all in the coming economic collapse? 6. Why the economic collapse that is coming will not be the end of the world and how you can serve maintain your purchasing power?

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