Bob Moriarty: The World's Financial System is an Accident Waiting to Happen

Video Description

Bob Moriarty believes that there is a significant conflict between the debt-based system of countries like the UK and the US, and the resource-based system of the BRICS and global South countries. He believes this conflict started with the NATO attack on Russia and can be seen in the ongoing conflicts in Gaza and Israel. He questions the motives behind NATO using aircraft carriers to threaten Gaza instead of other countries like Iran or Syria. He also expresses concerns that this conflict could escalate into World War III, with smaller players in the Middle East having an oversized impact due to their control over key strategic areas like the Red Sea. *Palisade Radio Links:* ► Website & Newsletter: https://palisadesradio.ca ► Rumble: https://rumble.com/c/c-1586024 ► Odysee: https://odysee.com/@PalisadesGoldRadio:c Bob believes that nobody ever truly wins in a war and hopes for a peaceful solution. He sees parallels between the UK's long-term rationing following WWII and fears that a similar circumstance could lead to another world war, especially considering the number of international players and incentives surrounding the Suez Canal area. He claims that Israel and the US want a "final solution" for Palestine, not unlike the US-led destruction of Iraq which resulted in millions of refugees. Bob expresses deep concerns about the possibility of banks closing and the chaos that could follow. He believes that if the Arabs were to turn off the oil supply, the world would experience a cold winter. He also discusses the Fed's decision to raise interest rates in an unprecedented way and suggests that it has destroyed the value of bonds and caused banks to take on extreme debt. Bob suggests that UBS Bank in Switzerland has been refusing to pay back depositors, indicating a broader liquidity crisis in the banking system. He believes that there is a lack of hedging and risk-management in regards to derivative instruments, which has pushed the system closer to crisis. Bob argues against the viability of renewable energy and electric vehicles, stating that they are financially unfeasible without government subsidies and would require significant environmental impact. He believes that nuclear power is the most economically viable and environmentally friendly energy source. He believes that the financial system is broken and in need of adult leadership and a better solution, including a decrease in US debt. Bob sees the current situation as part of a recurring pattern and believes that the best government is the one that interferes least. Talking Points From This Episode - Bob believes that nobody ever wins a war, and that the current situation in the Middle East is perpetuated by US and NATO military intervention. - Bob suggests investing in gold stocks and recommends investing in what's "hated the most" is a viable financial strategy. - The best government is the one that governs the least. Time Stamp References: 0:00 - Introduction 0:39 - Conflicts & Resources 7:10 - Canal & Justifications 12:55 - Cycles of Empire 14:53 - Oil Supply Risks 16:00 - Rising Rates & Debts 20:10 - China Banking Problems 20:57 - Debt Time Bomb? 22:53 - Gold Contrarian Indic. 31:04 - Rates & Asset Classes 32:24 - Contrarian Approaches 35:10 - Green Energy Fraud 38:15 - Ukraine & Israel 41:34 - Debt Hand Grenade 42:36 - Positive Thoughts? 46:39 - Wrap Up Guest Links: Website: http://www.321gold.com Website: http://www.321energy.com Books on Amazon: https://www.amazon.com/Robert-Moriarty/e/B01A9I4TJU?ref=sr_ntt_srch_lnk_3&qid=1599932580&sr=8-3 Bob Moriarty founded 321gold.com with his late wife, Barbara Moriarty, more than 16 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind, and nuclear energy. Both sites feature articles, editorial opinions, pricing figures, and updates on both sectors' current events. Previously, Moriarty was a Marine F-4B and O-1 pilot, with more than 832 missions in Vietnam. He holds fourteen international aviation records. #War #Conflict #BRICS #NATO #Yemen #Palestine #Iraq #UBS #BankCrisis #LiquidityCrisis #GoldStockInvest #FinancialSystemCrash #RenewableEnergy #Israel #HannibalDirective #DebtCrisis #Oligarchs #Dollar