🚨 BREAKING 🚨
Elon Musk orders IMMEDIATE HIRING FREEZE AT TESLA, and staff cuts of up to 10% OF THEIR ENTIRE 100,000 PERSON WORKFORCE. Also demands all employees work in person 40 hours a week, or they will be fired.
But I thought the economy was doing great 🤦🏻♂️ JPM CEO Jamie Dimon said just a couple of weeks ago that the economy was fine, and then yesterday put out an alarming message that there's a hurricane headed in, and that it could be super storm Sandy or a Hurricane Andrew.
What do they know that the masses don't? I think we're starting to read the tea leaves that the Fed is most definitely going to engineer a depression by simultaneously letting rates rise, and at the same time, going full bore into starting "QT" - Quantitative Tightening, which will sell the feds balance sheet onto the market and crash the economy of any liquidity, and they'll either start quantitative lubrication again (money printers), or do what they did from 1929 and 1933 and let the economy simmer in a depression, followed by gold confiscation. Everything is and has been planned. This time around in this 80-year cycle, it could very well be cryptos! I can't sit here and tell you exactly what will happen 6 months or a year from now, but some big things are happening behind the scenes, contrary to what anyone says! Gold and Silver are the best leading indicators, which are a thermometer as to what is to come 3 to 12 months down the road! And if the paper stock market crashes, we will see precious metals go with them on paper briefly, and then you'll see sharp divergences, particularly with the premium spread in holding physical precious metals!
https://www.cnbc.com/2022/06/03/feeling-super-bad-about-economy-musk-wants-to-cut-10percent-of-tesla-jobs.html
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Agreed - it’s likely to get worse before it gets better, but it WILL get better. Not as soon as we’d like, but sooner than we think. ❤️
Woohoo! Doing a happy dance in Alabama!