UPTHINKING FINANCE

• [6:58] Who is the “enemy?” Who are we fighting against? 
• [9:30] Why the Davos crowd is losing the battle
• [18:20] Why the world has underestimated Russia
• [24:54] The US Commercial Banking System holds the power
• [28:00] Why the Brits have always tried to control the US government
• [33:11] What should people pay attention to? Where are things headed?
• [39:29] Why we can’t be afraid to seek the truth and speak our minds

The Davos crowd made it easy to identify who the globalists were in 2016. Everyone was on board with the globalist plan to extract wealth from the world. The banking system went along with it. But that system broke in 2008 when Lehman Brothers went down. The dollar reserve standard broke. 

Davos wants a way to repudiate all the debt and all the broken promises of all the social safety nets that have been put in place for 75 years. Europe is broke. Their banks and governments are broke. The United States is broke. That was fine as long as there was a perpetuation of the banking system. 

The goal of the WEF is to do away with central banks. Then, they’ll institute a world government through the UN and let the International Monetary Fund (IMF) become the world bank. So when central banks go bust, only the IMF will have the capital to bail them out. But Goldman Sachs, JP Morgan, Wells Fargo, etc. aren’t going to go along with this. This would cut them out. 

Tom realized there was a problem. He realized he was wrong. He started to embrace the argument that the dollar would strengthen and that Europe is actually the problem. 

Who is the most powerful political lobby in the world? The US commercial banking interest. It’s centered around the big banks. They decide who gets elected. They control the purse strings for the military-industrial complex. They decide who gets the money. They won’t go gently into the good night.

They may be corrupt. They may be corporatists. But they still believe the best way to generate wealth is through capitalism—not communism. At some point, everyone has to question where the world is headed. If Davos ends up in charge, they’ll make life unlivable for everyone. 

Tom says to Look for capital flight out of Europe. What would that look like in the US? A rising Dow and rising US Bond yields. Look at the difference between US and German bond spreads. When the market says it prefers US debt over German debt—that’s when all of Europe will collapse. Why? Because the German bond is the safe haven trade for Europe. 

If the Dow Jones is holding up and trading sideways as the US moves into a recession, it means international capital is flowing into the Dow. What if there needs to be a recession to save the banking system? Tom shares more of his educated opinion on where the world is moving in this episode. Don’t miss it! 

Tom Luongo is not affiliated with or endorsed by LPL Financial or Capital Investment Advisers.

The opinions expressed in this material do not necessarily reflect the views of LPL Financial.

Securities and Advisory services offered through LPL Financial. A registered investment advisor. Member FINRA & SIPC.

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