January 27, 2021

Are we on a wild ride? Some might think so.

Speaking of a wild ride, truck drivers in Canada don’t like their situation and believe the government is forcing truckers to contribute to the lack of supply chain throughout the world. This protest is said to be one of the largest in the history of Canada. Will it work? The world seems ready to work again. Or should I say part of the world?

A thousand point swing in the DOW in one day is the kind of volatility that characterizes various markets, including cryptocurrency. Greg Mannarino joins a large group of traders and economists who really don’t trust our current economic conditions. Thousands of lives are about to be critically damaged by an economy that seems like it is partly run by Big Pharma and government’s response to the pandemic. Trillions of dollars are printed- and have generally been passing back and forth between banks- but, over the last year, have been turned over to the street economy vy various “stimulus” packages. The problem is that- and it is obvious to anyone who goes shopping, there is enormous inflation afoot. Can this inflation be tamed by the Fed? The other day the Fed said we are clear of interest hikes until March.And right now, the economy, despite inflation, is doing fine, considering the effect of the pandenuc, But what about people losing their jobs, their homes, their business and deeply in debt because of the recent past.

As Greg points out, we are losing a gigantic number of jobs every month- but the proposals indicated by government and much of major media would have you think other wise. In his view, one of the main reasons that the Fed can somewhat keep the market going is that it has been buying a giant amount of assets.

The next report is broadcast from El Salvador and, among other things, the Kaiser report team, Max Kaiser and Stacy Herbert, states their emphatic view that BitCoin is driving El Salvador into prosperity (despite the massive recent dips in BitCoin. It also reports on the karma of SPAC companies, which basically utilize investment capital so they can buy and merge with public companies that are basically sold to be able to sell their previous public regulation to the SPAC.

https://youtu.be/yVdt-OF39zU

A Toast to the Profound Hope that it Will All Work Out!

Best,
Johnny

Johnny Blue Star, CEO
New Galaxy Enterprises, Inc.

DISCLAIMER:

In our New Galaxy Blogs, we share various types of videos for you to scrutinize. Unless we specifically say so, we do not necessarily agree with their content, in whole or in part. Sometimes, we will present written or audio/video material concerned with health or financial issues. We always recommend that before you try anything, you check with your medical or certified health professional before engaging in a health protocol- and with your best qualified financial advisor before embarking on any financial adventure.