The Economy Is Dead, A New Currency Will Replace The Old:David Quinteiri

David Quintieri, he is best known for his book The Money GPS, he is the owner and creator of the YouTube channel and website themoneygps.com. David discusses the economy on how many of the economic indicators are deteriorating and how we are seeing signs that we saw prior to the 2008 great recession crisis. The central banks create these types of debt crisis to have countries sell off their assets to keep the country operational.

The corporate media reports on how well the economy is doing but in reality it is the same as it was back in 2008. People are in more debt than ever before but as housing market increases, people are taking out the equity to pay of their debt, but when the bubble finally pops it will all fall apart. The economy is basically dead and there will be a new currency to replace the old one. Governments are now looking at cryptocurrencies, Putin has met with the ethereum developer to talk about block chain technology in Russia.

David believes it would be a bad idea for governments to take control of the crypto market. The crypto market should be open and decentralized, governments and central banks should not be involved. People piling into the crypto market are showing governments and central banks that they reject there system.