Debt Ceiling Explodes, Banks Implode and Covid-19 Bioweapon/Vacccine Update

June 02, 2023

by Greg Hunter USA Watchdog

The Senate passed the House debt ceiling bill that will keep record high spending for at least two more years. Actually, there is no debt ceiling as this bill suspends it until 2025. Let the money printing begin, and now with a turbo charger!!! The hard part will be financing this pig of a debt deal. No way the federal government will sell this debt, which sources say will be at least $4 trillion in new spending. So, the Fed will be forced to monetize it. Count on much bigger inflation coming soon.

Half of America’s banks are insolvent, according to one overseas report out early last month. The report was not covered by the Lying Legacy Media (LLM) and largely missed by the Alt media. The report by the Financial Times says half of America’s 4,800 banks may already be insolvent. Yikes!! Maybe this is why Congress is getting ready to print trillions of new dollars. Is the banking system going to get yet another bailout? Will the U.S. dollar survive this round of money printing? To make matters worse, retail giants Costco and Macy’s are warning about a sinking economic forecast. Add four-fold rising announced layoffs this year, and things are not looking good at all.