Timothy Sumer

Please Support The Channel: YouTube Super Thanks (click below) YouTube Membership (click below) USA Jobs data for September revealed that 366,000 news jobs were added which higher than the 227,000 jobs added in August and considerably higher than expectations. At face value this looks like GOOD NEWS however in this video I explain why it is potentially BAD NEWS for both the USA and the GLOBAL ECONOMY. For specific details please check out the CHAPTER list below. Thanks for watching and please LIKE and SUBSCRIBE. If you like this video and are would like to buy me a coffee please click the link below. THANK YOU it is very much appreciated. Chapters: 0:00 Intro 3:13 USA CORPORATE DEBT 7:32 EUROPE, AFRICA & ME 8:33 DEFAULT RATES 10:55 RECESSION 13:17 SUMMARY & CONCLUSION #usa #globaleconomy #recession #debtceiling #UKRAINE #RUSSIA #GLOBALFINANCIALCRISIS #RUBLE #SWIFT #RECESSION #CHINA #USA #NATO #WW3 #WORLDWAR3... ( read more ) BREAKING: R...

Please Support The Channel: YouTube Super Thanks (click below) YouTube Membership (click below) Silicon Valley Bank has collapsed after experiencing a LIQUIDITY CRISIS following a RUN of withdrawals which forced the bank to sell long terms bonds and incur massive losses. This Crisis comes within days of Silvergate Bank encountering the same problems which led to the bank falling into LIQUIDATION. In this video I provide details of the problems at both banks and discuss the risks of this Crisis spreading across the whole financial system and causing another GLOBAL FINANCIAL CRISIS. For specific details please check out the CHAPTER list below. Thanks for watching and please LIKE and SUBSCRIBE. If you like this video and are would like to buy me a coffee please click the link below. THANK YOU it is very much appreciated. Chapters: 0:00 Intro 3:18 WHY? 7:58 TRUST 11:24 USA BANK FAILURES 14:12 FDIC 16:27 GLOBAL FINANCIAL CRISIS 18:48 SUMMARY & CONCLUSION #SILICON...

Please Support The Channel: YouTube Super Thanks (click below) YouTube Membership (click below) First Republic Bank has COLLAPSES after it lost over $100 BILLION in Customer Deposits in Q1 2023. This Run on the Assets was despite First Republic receiving almost $120 Billion Bailout from the Fed and $30 Billion from other USA Banks. In this video I look at the current situation for First Republic & Credit Suisse and discuss the possibility of seeing another Banking Crisis and more bank failures in 2023. For specific details please check out the CHAPTER list below. Thanks for watching and please LIKE and SUBSCRIBE. If you like this video and are would like to buy me a coffee please click the link below. THANK YOU it is very much appreciated. Chapters: 0:00 Intro 4:14 FIRST REPUBLIC FAILURE 6:46 USA BANK FAILURES 12:10 SUMMARY & CONCLUSION #firstrepublic #globalfinancialcrisis #SILICONVALLEYBANK #SILVERGATE #bankingcrisis #signaturebank #usa #GLOBALFI...

Please Support The Channel: YouTube Super Thanks (click below) YouTube Membership (click below) Signature Bank has collapsed after experiencing a LIQUIDITY CRISIS following a RUN of withdrawals. This Crisis comes within days of the Collapse of SILICON VALLEY BANK and the Liquidation of Silvergate Bank which both encountered the same problems. In this video I look at the BAILOUT scheme put in place by the USA and discuss the ongoing risks as well as providing details of the 6 USA Banks that Moody's have DOWNGRADED and discussing the situation with Swiss Banking Giant Credit Suisse. For specific details please check out the CHAPTER list below. Thanks for watching and please LIKE and SUBSCRIBE. If you like this video and are would like to buy me a coffee please click the link below. THANK YOU it is very much appreciated. Chapters: 0:00 Intro 2:48 BANK TERM FUNDING PROGRAM 8:06 LOAN RATIOS 10:45 TIER 1 CAPITAL 12:14 MOODY'S RATINGS 17:56 CREDIT SUISSE 21:25 S...

The United States is about to enter a debt ceiling standoff, but it's just a show, the debt limit will be raised again and the debt crisis will get worse. Because of America's huge spending obligations, they cannot afford to default on their debt, and they have to keep borrowing more money. The debt is going to be unsustainable and inflation will not end. Here's what you must know! 📍📍Buy Gold & Silver (Singapore Viewers): - Get a 0.5% discount with the code: SEAN-2023 💰💰Stocks - Get Up To 5 Free Stocks Worth $3500 (American viewers): - Get free stocks up to $1,000 from Moomoo (Singapore viewers): - Get more free stocks from WeBull (Singapore viewers): ✅ Timestamps & Chapters: 0:00 The US Can't Afford To Default 1:34 America's Inflation Crisis 4:23 The Ukraine Proxy War 7:30 US Is A Welfare State 9:45 Inflating The Debt Away 13:09 Hard Assets Is Protection 15:36 Inflation Will Not End Subscribe...

Subscribe Today: David becomes very uneasy when advisors recommend that their clients take the money in their IRA and convert all of it into an LIRP. The LIRP has a lot of benefits, but it really should be used in conjunction with other streams of tax-free income. The LIRP is powerful only to the extent that it’s used in collaboration with, in most cases, four to six other streams of tax-free income. That’s when it really shines. An LIRP conversion is something that you would use with a client when there are no other opportunities for Roth or Roth conversions available. Most annuity companies are okay with you doing a Roth conversion, as long as you do it all in one year. What do you think the tax implications of that might be? There are some companies that allow what is known as a midair conversion, where you take a distribution from the IRA and then you convert it to a Roth IRA on the other end. This isn’t very common though and most companies shy away from this. Wit...

Subscribe to The Daily Upside: Please Support The Channel by clicking here: In this video I continue to look at the continuing implications of the Russia's Invasion of Ukraine on TURKEY. Rising OIL and GAS Prices as a result of the War are putting immense stress onto the Turkish Economy. INFLATION has now risen to 61%, the highest level for over 20 YEARS , ENERGY COSTS have increased 156% and the TRADE DEFICIT now stands at $8.24 BILLION. In addition the COST of the DEPOSIT PROTECTION SCHEME is running at around $18 BILLION. Based on the current rate of spending on Energy the Foreign Currency Reserves will not last much longer. TURKEY is under extreme pressure due to HIGH INFLATION and the Fall in Value of the LIRA. Turkey is dependent upon Foreign Energy and Buys 45% of NATURAL GAS, 17% of OIL and 40% of GASOLINE from RUSSIA. Turkey is also dependent upon the IMPORT of GRAIN and RAW MATERIALS for its Industry. The immediate impact of the WAR has been to increase th...

Steal BLACK FRIDAY deal and get Atlas VPN Premium for $1.70/mo + 6 months extra. Limited-time offer! 💣 Please Support The Channel: YouTube Super Thanks (click below) YouTube Membership (click below) Amazon Shopping USA - Amazon Shopping UK - Amazon Shopping Australia - Click thro the link, buy your items as normal and Amazon will pay me a small commission Following a recent bombing in Istanbul Turkey has launched AIRSTRIKES in Syria against Kurdish forces. The USA is an Ally of the Kurds and has asked Turkey to cease all military action. Russia, who supports the existing ruling party, has also asked Turkey to stop increasing the risk of political tension. This comes at at time when INFLATION rose in October to 86% and is now at the highest level since for 24 Years. The rise in GAS, OIL & COMMODITY Prices caused by the UKRAINE WAR continues to put pressure on Turkey and the TURKISH LIRA exchange rate has continued to Plummet and is now above 18 to 1 US ...