Politics and Religion Weekend Show – With a couple market crash comments

July 17, 2021
Full Politics and Religion Weekend Show
  • Segment 1 – Rick Ackerman opines on future economic catastrophe
  • Segment 2 – Doc opines on the future of the financial markets with a combination of his technicals and general opinions.
  • Segment 3 – Jeff Deist discusses potential challenges facing America.
  • Segment 4 – We opine on the causes of pessimism in America.

Segment 1
Segment 2
Segment 3
Segment 4
    Jul 17, 2021 17:49 AM

    Rick, I have been saying that the Fed will pretend and extend for decades, including eventually Zimbabwe style printing at the end. to cover the interest carry cost of the debt.
    We have never, since the Roman Empire, had a reserve currency try to do this. The Romans ran out of enough gold, silver and copper to continue expanding their money supply.
    America will run out of foreign countries accepting dollars for real goods….eventually.
    As long as dollars can be recycled into buying up chunks of America, land, properties and companies this can continue until the U.S. is completely sold out…….a very long time.
    The only thing that will stop this is total coverage of debt carrying cost by printing of new money; for surely at that point no one will accept the newly printed dollars.

      Jul 17, 2021 17:27 AM

      Ditto……. on the ROMAN EMPIRE….. problem being some of those people running the govt. are part of the OLD ROMAN EMPIRE>..(blood line)…..

        Jul 17, 2021 17:31 PM

        I am not sure about the blood line. There are a lot ofs similarities though!

      Jul 17, 2021 17:30 PM

      A serious possibility, CFS

    Jul 17, 2021 17:03 AM

    The Fed will keep “interest rates” low, because it cannot afford the carry cost of the debt any other way.
    The U.S. Government is selling out America.
    How much farm land is now owned by China?
    As long as China recycles its international trade profits back into the U.S., this will continue for a long time, as Americans own less and less of their own country.

      Jul 17, 2021 17:28 AM

      Spot on……. the sheeple are CLUELESS…..

      Jul 17, 2021 17:37 PM

      Of course you are correct CFS. America is “cooking in its own juices”!

    Jul 17, 2021 17:08 AM

    biden is NOT my president. THE ELECTION WAS STOLEN.
    I owe the pretendent NO RESPECT…..he is a liar, a racist and a crook; always has been.

      Jul 17, 2021 17:31 AM

      All part of the plan……… USA, better wake up…… sheeple better get ready for what is coming….

        Jul 17, 2021 17:11 AM

        How can the people prepare?
        Sure, they can stockpile some food and try to be independent for power and water and most things needed.
        But I recognize the power of the Government.
        I recognize it has the power to kill me at whim.

        I ask myself about a Tienanmen Square happening in America.
        Would U.S. troops open fire on citizens? I don’t know for sure, but I think they would.
        (Especially if a race card or a conspiracy card could be played.
        Look at the investigation into the murder of Ashli Babbitt……..nowhere on the horizon.
        How high is the Clinton body count? How many murders have happened surreptitiously ?
        Seth Rich certainly comes quickly to mind.
        I have no doubt that critics of the treasonous current administration will suddenly “find a desire to have accidents”, if they cannot be silenced from the internet.
        We live in a time when a democracy is turning into a fascist, total control, state.
        Thankfully, the surprise victory of Donald J. Trump slowed things down for a while, but make no mistake, our fascist controllers will not allow that to happen again, if it is within their power to prevent it. The power elite believe that with New York and California fully indoctrinated, and with Texas and several other previously Red states encumbered by illegal immigrants, they will have power in perpetuity.
        They forget the spirit of the American people and the possibility of revolution; or is that, too, watered down by illegal immigrants?

          Jul 17, 2021 17:28 AM

          The govt…. can not be everywhere……. keep a small target…..

          Jul 17, 2021 17:41 PM

          I will definitely discuss this with Jim CFS!

      Jul 17, 2021 17:39 PM

      So CFS, what do you really think of Biden?

    Jul 17, 2021 17:08 AM

    Goooberment will do all it can to keep the stock market propped up and interest rates low. At this point it has no other choice. But how long can that last?

    Jul 17, 2021 17:10 AM

    You have to wonder…what’s our King of the Emojois have to say about this???

      Jul 17, 2021 17:12 AM

      That would be Larry…King of the Emojis…(not pregnant man)…

        Jul 17, 2021 17:17 AM

        But we do have a tooth emoji…what more do you need???

        Jul 17, 2021 17:10 AM

        Carnival psychotic cultural indoctrination?…no clue Ed….understanding this sort sort of irrational, blah blah propaganda is beyond me…I think it is part of making reason facts and logic all passe’….going forward all that matters is that you are woke enough to keep up w the gooberment social agendas?…..but i thought the purpose of our sort of government was national defense and national postal and transportation and minimal regulation…everything seems like government does has a social not business purpose…IMHO….i like my gov to back off and get out of my face….

        Al you are on fire…Hope you are feeling more alive and healed and hopeful for the rest of your journey….You seem stronger in the voice….you have a great speaking voice….

    Jul 17, 2021 17:18 AM

    This society has gone insane…what more can you say? (Besides it’s also corrupt to the core.)

    Jul 17, 2021 17:24 AM
    TIME TO WAKE UP……. and get prepared……….

    Jul 17, 2021 17:28 AM

    Psaki is a liar.
    biden has NOT flipped. He has ALWAYS been in favor of illegals flooding into the U.S., because he believes they will tend more to vote democrat.
    biden does not care if these illegal immigrants destroy the country through increased crime and the cost of education and welfare. as long as they vote democrat.

    The democrats will also be doing everything they can to ensure these illegals can vote BEFORE they are citizens.

      Jul 17, 2021 17:34 AM

      Flooding in of illegals…….. helps to break down , the system, just a fact, but , everyone should already know that…. early morning RANT….sorry….

      Jul 17, 2021 17:39 AM

      It’s a psakiops…er…psyops

    Jul 17, 2021 17:41 AM

    Jimmy is spot on………
    SEG 4………….
    Issues are out of sight, and have been for a long time…. they did not just happen.

    Jul 17, 2021 17:52 AM

    THANKS RICK A……….. great comments……… SEG 1

    Jul 17, 2021 17:22 AM
    Jul 17, 2021 17:24 AM

    There are a few articles the last few days of liquidity challenges.
    Rick seems to agree.
    If this happens, cash could end up king, jp morgan thinks that way, I guess they have tightened up lending and have been hoarding cash.
    If I recall tho, they built a hoard of silver awhile back.

    Doc makes some good points, vastly overbought markets and beginning to look “dicey”,
    good description. 20% drop possible, sounds like Doc is thinking the same way as Bob, Bob suggested Oct most likely month to crash.
    Gold drops the least and should come back soonest.
    Remember Rickards, tuff to find gold when everyone wants it.

    Turks advice could turn out to be wise, buy monthly, forget the price.

    Gold shares should go thru the roof after a crash, unless nobody has cash and cryptos become the go to.

    Jul 17, 2021 17:24 AM

    Mr. Big Al Korelin, could you give us a time frame on this collapse.

      Jul 17, 2021 17:00 AM

      Bob suggested Oct. or pretty close to it.

      He does get kind of accurate.

      I hope it doesnt get bad enough to freeze up the banks, that would hurt.

        Jul 17, 2021 17:41 AM

        Will Mr. Big Al Korelin liquidate his holdings in the markets in time???

          Jul 17, 2021 17:42 PM

          I believe that my fund manager would as He is pretty insightful! That is why I use him!

            Jul 17, 2021 17:52 PM

            Timing is pretty difficult. But I do wish you good luck with that.

            Jul 17, 2021 17:54 PM

            But somehow…Nancy Blowsi and her husband seem to always time it right…made millions and millions recently…with their trades…is there a Blowsi ETF??? :0

            Jul 17, 2021 17:36 PM

            The country has gone whacky.

            Jul 17, 2021 17:58 PM

            Eddy, as you know I have felt that way for quite a while!

    Jul 17, 2021 17:46 AM

    41% of Baltimore students get BELOW a grade point of 1

    American quality education

      Jul 17, 2021 17:35 PM

      Education is non existent in Baltimore…..

      Jul 17, 2021 17:32 PM

      Great comment on the quality and service of The Baltimore School System.

    Jul 17, 2021 17:52 AM

    Crime surging, fraudulent voting.

    I read articles a few years ago saying things will be allowed to get so bad people will scream for military intervention.

    I think its too late now for people to realize there are not 2 political parties.
    Its just a matter of time now.

    Jimmy mentions “individual rights” Carlen told you years ago, “you HAVE NO Rights”, except ONE, you have the right to “RIGHT THIS WAY”.

    Yet, people kept talking about which party they vote for.
    Even the public execution of the president didnt make people see the truth.

    After watching this all play out for the last 50+ years, I believe people need to be led, they are not bright enuff to think for themselves.

    Its funny, the Talmud could be correct.

      Jul 17, 2021 17:37 PM

      b……. I think you are correct…….. “they are not bright enuff to think for themselves”

        Jul 17, 2021 17:34 PM

        I personally would leave out the intelligence of these folks and simply say “they don’t care enough!

      Jul 17, 2021 17:33 PM

      B, specifically what does this book say on this subject?

    Jul 17, 2021 17:38 AM


    I dont know if this is true or not or to what extent.
    If it is, China could be fighting American proxies Al-qaeda, isis and HYT.

    There could even be the possibility of the Chinese fighting American troops directly.

    That would most likely be after Idlib so a ways off I would think.

    Its interesting tho.

      Jul 17, 2021 17:36 PM

      B, It is more than interesting it is terrifying!

    Jul 22, 2021 22:44 AM

    Will China rebuild war-ravaged Syria? Here’s why Beijing is doubling down on its newly minted partnership with Assad

    China might be prepared to offer Damascus some tokens of aid, but for the most part this is about a diplomatic message which causes ripples in Middle Eastern and Western capitals. It’s a trip which is enough to annoy the West and frustrate its agenda, and demonstrates China’s expanding footprint, but don’t expect Beijing to launch another China–Pakistan Economic Corridor-style project for Syria just yet.


    I was hoping they would announce 50k Chinese infantry moving to Syria in support of Syria and to oppose isis etc.

    Not yet, but the meeting was a start.