Alert! THE U.S. TREASURY IS OFFICIALLY BANKRUPT! WILL BORROW ONE TRILLION FROM THE FED. Mannarino

➡ On October 31, 2023, Gregory Manorino reported on skyrocketing debts and deficits, highlighting that the US Treasury is borrowing almost a trillion dollars from the Federal Reserve. He also noted the fall in the US tenure yield and the increasing rate of closures of small businesses, attributing these events largely to the policies of the Federal Reserve and central banks around the world.
➡ Gregory Manorino discusses the escalating U.S. debts and deficits, revealing that the U.S. Treasury is set to borrow nearly a trillion dollars from the Federal Reserve, highlighting the potential consequences if the Treasury was unable to secure the funds. He mentions the Federal Reserve’s control over economic and financial policies, and adds that small businesses are closing up at a rapid pace due to the Central Bank’s strategy of reducing credit availability, which is negatively affecting consumers and contributing to inflation. He also discusses how Central Banks globally are effectively controlling the world’s monetary and financial systems.

It. Okay, everybody, here we go. It is me, Gregory Manorino. Pre market report on this Halloween Day, Tuesday, October 31, 2023. People, let’s talk for a moment. Okay? You and I, all of us, we hear about debts and deficits all the time, and they are skyrocketing today, faster than we’ve ever seen in history. No surprise to you or anyone that follows this blog. We have been talking about this phenomenon for many years, how we would see debts and deficits skyrocket.

But this kind of information, I would say for the most part, flies in one ear and out the other. But people don’t consider how are these debts and deficits made up? Who makes up the difference? You see where I’m going with this? Well, what did we just find out? The US Treasury. Think about what I’m going to say. The US treasury needs to borrow $776,000,000,000 from the Federal Reserve.

This is nearly a trillion dollars. Where does the cash always come from? Where do these deficits get made up from? Where does the cash come to fund wars around the world and everything else from the Federal Reserve, whose goal has always been to be the lender and buyer of last resort. The US treasury obviously has declared bankruptcy again. They don’t have the cash. We don’t have the cash.

It’s unbelievable to think about the current situation. And just in case you need another reminder, debts and deficits from here are going to explode even higher, faster from where we are. So the treasury will be borrowing even more. You cannot possibly make this stuff up. Nearly a trillion dollars. Three quarters of a trillion dollars needs to be borrowed from a bankrupt Treasury. It’s insane. But what else would you expect in this kind of an environment? Here, let’s put another perspective on this real quick.

What would happen, let’s consider this. If the treasury was unable to borrow this cash from the Federal Reserve, where would we be? Here in the United States? How about we would be in a Mad Max scenario. You talk about a Great Depression. This would be the greatest depression of all time right now. But again, the Fed has put themselves in the right spot over a hundred years in the making to become the lender and buyer of last resort.

And they have succeeded in their mission. They are world control. They are the government. You all know this here. So anyway, with that, a very interesting phenomenon has occurred overnight. You know what I’m talking about. You might know what I’m talking about. The US tenure yield has dropped significantly overnight. It’s a miracle, as always. Look, we know who’s doing this again. I wonder who it could be. It’s the Federal Reserve.

They’re buying more debt. I explained and we covered here just yesterday. We’re going to hear from the Fed tomorrow on their monetary policy kit again. They control the economy. They control the financial markets, the financial system. So we get to hear them dictate policy tomorrow and there’s no way they are going to raise rates here. They already have the consumer by the throat and by the you know what down here.

You know what I’m talking about. Yeah. And the pressure on the consumer is going to get even worse. As a matter of fact, piece of news here from today. US small businesses are shuddering today at a faster pace than during the scamdemic. Imagine my surprise. Imagine your surprise. No, this is something we’ve discussed is going to happen. They’re fulfilling the corporate agenda here. It’s over. For the mom and pop shops, it is over.

And they’re being squeezed again. What’s the Fed really doing? Are they actually fighting? No, no, they’re not fighting inflation. They never even started to fight inflation. They’re still inflating, obviously. And another nearly trillion dollars are going to be borrowed from the Federal Reserve by the bankrupt US Treasury. And of course this is inflationary. You’re not supposed to know that. But what the Fed has done, along with other central banks, collectively, very, very successfully, is cut off the availability of credit.

This is meant to destroy small businesses and crush the consumEr. That’s what it was meant to do from the get go, from the word go. And I told you this from the very, very beginning. But remember, inflation here is transitory and it’s temporary and it’s going to magically go away. Oh, yeah, we’ve heard this from a lot of people, including the thing, puke, Yellen Stain. Anyway, so miracle, okay, tenure yield has dropped.

The US dollar is weaker on a relative strength basis. Stock futures are higher this morning, not by much after yesterday’s pretty monumental rally here in the stock market. But again, look, I’m going to tell you right now how this is going to play out, and there’s just no doubt that this is what’s going to happen in my view, at least for now. I’ve been telling you, they’re not done for the longest time, they’re not done creating dependency on the system, slaves to the system.

They’re not done with regard to the market. If the Fed can pull off, which I think they’re going to be able to, that is keeping rates suppressed or keeping the tenure yield lower than 5% if they can manage to weaken the dollar on a relative strength basis. All currencies are dying. All currencies are being destroyed by their respective central bank. Of course that means more inflation for you and I.

It’s never getting any better. The funding for wars, the funding for the treasury, which means the United States, the Fed has fulfilled their end game here. To be the lender in Bioblast resort, more inflation for everyone. I mean, this is amazing. You have to almost tip your hat to central banks around the world. They have sincerely done exactly what they said they were going to do. The goal of central banks, and why they even were created, was to one day rule the world.

Control the monetary system, the financial system, the financial markets, you control the world. They have done this very slowly and very methodically from the get go. They’ve never wavered from their pathway. They’ve created boom and bust cycles. Every single market crash, they design it. And they allow the mega institutions and the one and two percenters to capitalize on the situation. It’s always the same, okay, but they want you to believe that all this is just by chance, it’s just happening by some natural force of nature.

No, this has all been driven deliberately. And I’m going to tell you again, in case you don’t believe me, if you think things are hard for you right now, you have no idea where they’re going. I’m telling you, things are going to get monumentally worse from here and faster again. More war, more death, more pain, more suffering, more inflation, more power, concentrated in fewer and fewer hands. That’s how it’s going.

The whole system is being consolidated and we’re seeing it right before our eyeballs. Going back to the market real quick. As I said, a miracle with a ten year yield, lower relative strength of the dollar, lower stock future, slightly higher gold and silver, relatively flat. Pre market trading doesn’t start for about an hour and 15 minutes. Cryptocurrencies are catching a bid. Crude oil is catching a bid. Just real quick, let me go back to what I said yesterday, because a lot of you are freaking out about crude oil.

When I was talking about crude oil, first of all, I’m talking about West Texas Intermediate WTI. I said, by the end of the year, in my view, there is no way it could be lower than $85 a barrel or 90, could be much, much higher here. Eventually, people, you know my take on this, and I hate to have to repeat myself over and over again, but commodities are the place to be as this entire thing melts down as inflation continues to rage out of control, as the bankruptcy of the treasury, who can’t keep up with exploding debts and deficits, is going to have to borrow even more from the Fed.

And the Fed’s more than happy to lend. Okay, eventually meltdown in the debt market. All this is doing is exacerbating the underlying problem. We have a liquidity problem. I’ve been telling you this, I don’t know how long? A year? I don’t know. Very long. Maybe way longer than that. A liquidity is drying up. It’s drying up very fast. And this is all a mechanism here again, to an end, a means to an end, a liquidity crisis, a locking up of the system is going to occur and it’s going to be made much worse by what we’re seeing now, expanding wars and every reason imaginable to pull cash into the now part of this is the bankruptcy of the US treasury here, now borrowing 776 freaking billion dollars from the Federal Reserve.

So a part of the same mechanism here. Don’t you see this? I know you do. If you follow this blog, it’s just crystal freaking clear. And what this means for you and me is, well, things are about to get a lot worse here. Absolutely. No doubt about it. I was just writing a few things down here this morning. I want you to think about this again real quick.

If, let’s say, for example, the Federal Reserve was unwilling to lend, for which they couldn’t be more happy, let me explain this to you. When the Federal Reserve becomes aware that they are either being called upon to issue more debt by, let’s say in this case the treasury, because again, this must be created out of nothing. It’s just digits added to a screen. It’s transferred from the Federal Reserve to the US Treasury.

They can now make up the deficit in the mean. When you hear about where, do you have to consider, okay, we’re running a deficit. It’s in the X amount, just in case you don’t know, the US deficit so far this year, what do they say, $1. 7 trillion here? And it’s just not going to stop. And you know that already. But think about it then when you hear these, instead of letting these numbers just fly out of your head, consider who makes up the difference.

Consider who makes it up. Okay? And then you can see where the real power resides. You understand? I think you do. I think you do. Anyway, people, that’s where we stand today. And I want to hear from you. So what do you think about all this? Stuff here. Is it surprising to you? Probably not. You have been made well aware of the current situation where we’re going, how this is playing oUt, the end game here, the goal of central banks.

I’ve told you this inside and out, backwards and sideways. All of you are experts on the system. I would believe if you followed, if you’ve been with me for any length of time, you know the system better than anybody on this planet Earth. I’m telling you right now, you just understand how twisted it is here. What do you think about this? Small businesses here shuddering at their fastest pace since the scamdemic.

You think that’s a shock or a surprise? I don’t think you’re surprised or shocked at all. It’s just not going to stop here. The corporate agenda is being fulfilled and you and I are caught in the middle of it and there is no way out. Just so you know. Okay. All right. With that said, people, look, I hope you got something out of this video. I really, really do.

Please. If you did get something out of this video, those thumbs up are, they’re required. All right. Honestly, gets this stuff out there, you click that thumbs up, it lets YouTube, or ever these videos are being shown, the algorithms pick it up, they show the video. All right? So I’m counting on you for that. I’m counting on hearing from you. I want to hear your comments on this stuff.

And of course we will convene later. Four, five P. M. Eastern Daylight time. Please have questions for me. We’ll cover them. I love to interact with all you. It’s so important. I mean, these pre recorded videos, they’re all fun and they’re well and good and they are informative, but I love to interact with all of you. It really makes my day. Truly, truly. All right, love you a lot, and we’ll see you later.

Bye. .