Topic: Subprime Lending

Kirk Elliott explains that rebuilding the US manufacturing base will take time due to decades of job exportation. He criticizes Federal Reserve Chairman Jerome Powell for refusing to lower interest rates, suggesting the banking cartel wants to trigger a recession to blame Trump. The segment also covers a new proposal to use US Treasuries as bank reserves for toxic assets, mirroring conditions that led to the 2008 financial crisis.

"Normalcy bias" prevents many investors from recognizing that the current debt-based bubble is fundamentally different from the 2000 and 2008 crises. While previous crashes were sector-based, the current threat involves a deliberate attack on food, energy, and security sectors simultaneously. Globalist elites are reportedly exiting the markets and moving into hard assets before the anticipated "mega bubble" bursts.