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Recession Signals FLASHING RED | Escape to Bitcoin NOW! | Bitcoin Simply · Simply Bitcoin

• 0:00
  Global recession signals are flashing bright red.
• 0:02
  The pre job reports numbers coming out are downright
• 0:05
  frightening. There are now more unemployed
• 0:07
  people looking for work than there are job openings.
• 0:10
  Behind the scenes the Fed is doing everything they possibly
• 0:13
  can to prop up this broken market and the market is now
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  predicting a September rate cut at 97%.
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  But the data actually shows that if Jerome Powell cuts rates with
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  unemployment numbers looking like they are, that we get a
• 0:24
  recession every single time. The old system is collapsing
• 0:28
  right in front of us. And you have a choice, sync with
• 0:30
  the Titanic or get on the life raft.
• 0:32
  This is Dante Cook with Bitcoin. Simply, let's go.
• 0:38
  The president tried to put on a show to instill a sense of
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  confidence in these broken markets.
• 0:43
  He had a dinner with some of the world's top executives, Meta CEO
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  Mark Zuckerberg, Microsoft CEO Satya Nadella, Google CEO Sundar
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  Pichai, Apple CEO Tim Cook, AMD CEO Lisa Sue, an open AI, CEO
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  Sam Altman. And it was working until I saw
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  this clip between Mark Zuckerberg and President Trump.
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  This showed me everything I needed to know about how weak
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  the economy is. Well, thanks for for hosting us
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  and this is quite a group to get together.
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  And you know, I think, you know, all of the companies here are
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  building, just making huge investments in, in the country
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  in order to build out data centres and infrastructure to
• 1:18
  power the next wave of innovation.
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  So it's, you know, we don't often get together as, as the,
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  the CE OS of the different companies, but it's, it's good
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  to see everyone. How much are you spending, would
• 1:30
  you say, over the next few years?
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  Oh, gosh. I mean, I think it's probably
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  going to be something like, I don't know, at least $600
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  billion through 28 in the US. Yeah, it's a lot.
• 1:45
  No, it's, it's significant. That's a lot.
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  Thank you, Mark. It's great to have you.
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  Thank. You these sort of dinners
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  pandering to us, trying to give us confidence that we're making
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  big investments into America, signal that there's something
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  wrong behind the scenes. Let me run through some
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  signposts to show you that there is in fact smoked and possibly
• 2:02
  fire, that a recession is right around the corner.
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  Number one, clip NVIDIA to pay $1.5 billion to rent back its
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  own chips from cloud startup. Talk about getting high on your
• 2:12
  own supply. And when you dig further into
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  NVIDIA, 81% of the revenue comes from just six companies, and 1/3
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  of all of the revenue comes from just two customers.
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  What about this craziness from Tesla's board?
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  The types of incentive packages that make you do bad things and
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  make dumb decisions in light of increasing your stock price?
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  The Tesla shareholder committee is looking to improve a $1
• 2:33
  trillion package for Elon Musk. But this sort of stuff is peak
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  for me. You know, I love sports.
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  I'm a former athlete, and these sorts of things always signal
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  the top. So right now, you know, the US
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  Open is going on and I was cheering for Naomi Osaka to get
• 2:47
  another major, but she lost in the semi final to Anissimova.
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  All right, so get this. She just signed a four year,
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  $100 million sponsorship with Libooboo, the global Dolls
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  taking the world by phenomenon. Can anybody say Beanie Baby,
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  their CEO, Pop Mart, their company is worth $50 billion and
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  their CEO's worth $22 billion, making him one of the 10 richest
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  people in China. Ain't no way this dude is 38
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  years old. But these are the type of
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  bubbles that you see before everything pops.
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  But into the real data, the manufacturing ISM number set
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  48.7. It's six straight month of
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  contraction. As a matter of fact, it's
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  contracted 32 out of the last 30-4 months.
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  When manufacturing slows, the real world is slowing.
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  On top of it, US employers announced over 85,000 job cuts
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  in August. That's the highest for that
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  month since 2020. Layoffs rose 39% from July and
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  13% year over year. And this is backdrop against
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  employers only announcing that they're going to hire 1494
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  people. 85 thousand 1000, something's wrong here. the US
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  job numbers in May and June were revised down by 258,000.
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  The largest downward revisions in 45 years somehow may drop
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  from 144,000 to 19,000. Jobs being added.
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  June dropped from 147,000 to 14,000.
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  Here's how you know it's rough. There's this metric that they
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  look at in the economy called the quit rate.
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  They look at the quit rate in hard industries because when
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  things are good, people can just quit and go get another job.
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  One of the places that they look at this is in construction and
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  the quit rate is just point 9%. This is the lowest since the
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  great financial crisis and they have to work and they have to
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  find work because there's not many new homes being built and
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  people aren't buying the homes that are on the market.
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  As a matter of fact, mortgage applications are down 34% from
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  pre pandemic levels lower than the great financial crisis.
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  And that's because people are losing hope.
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  This Reddit form right here explains it all.
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  In the R Gen. Z Reddit form, someone said all
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  I want to do is own a home and have a family.
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  I'm coming to terms with how unrealistic it is.
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  If you read this, he talks about himself being 28 years old.
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  He's got rent and student loans. He lives in Philadelphia
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  downtown, where the cost of living is growing rapidly and he
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  can't make his bills. He can't make ends meet.
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  He doesn't know how he'll be able to afford retirement.
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  He doesn't know how he'll be able to save to have kids.
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  Home ownership is out of reach for people like this.
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  Fiat is stealing hope everywhere, and the charts
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  continue to show Fiat as the manipulation monster that it is.
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  the Fed has this backdoor shadow banking system called the
• 5:12
  reverse repo. And what you're seeing is that
• 5:14
  liquidity is being drained out out of markets, despite what the
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  global M2 shows. The reverse repo facility fell
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  to $18 billion, its lowest number in four years since 2020
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  when they tried to prop up the markets.
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  Since December of 2022, it's dropped 2.5 trillion.
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  And this is all at the same time where Treasury buybacks are
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  accelerating due to a lack of demand in the market from other
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  buyers. the US Treasury has bought back a record $138
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  billion worth of bonds this year alone.
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  This significantly passes the number of 79 billion for the
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  entire year of 20, 24. And this is all on top of debt
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  spiraling faster and faster. In July the national debt was
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  $36.2 trillion. Fast forward to September, we've
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  now hit $37.4 trillion, a $1.2 trillion increase in just a few
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  months. That's $21 billion worth of debt
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  being added every day. This is why the Fed and the
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  Treasury are cornered and Jerome Powell doesn't have a lot of
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  tools in order to ensure that employment stays high.
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  One of the feds mandates. He talks about this number a
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  lot, looking at the number of unemployed workers divided by
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  the number of job openings. Well, that number just fell
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  below 1, meaning that there are now more unemployed workers
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  looking for work than there are potential job openings to fill
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  them. People can't even get a job even
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  if they wanted to. And so although rate cuts are
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  predicted to be at 97.6% for September, this isn't actually a
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  good thing because every single time we see unemployment numbers
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  or the unemployment rate rising the way that it is and that we
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  have a coinciding Fed cut, well, that leads to a recession.
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  I pulled this data on these charts myself from the Fred
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  website. And here's the thing, despite
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  all of this doom and gloom, there's Bitcoin analysts out
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  there and hedge fund managers like Jeff Ross who still believe
• 6:56
  that Bitcoin is in an uptrend, A trend that's sucking liquidity
• 6:59
  out of bonds and stocks and into hard assets like gold and
• 7:02
  Bitcoin. And he believes that we will
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  still see more all time highs heading into Q4 and that the
• 7:07
  bull market will be extended into Q1 of 2026. 140 thousand
• 7:12
  U.S. dollars right now. It should be well above that
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  based on the liquidity metrics I follow.
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  So very surprised that it's not there.
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  But I think again, it's being held on by the economy.
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  I think once the the most market participants believe that the US
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  economy is finally starting to surge, I think the price of
• 7:29
  Bitcoin will skyrocket at that point.
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  So that's just my personal take is it's gonna make up for last
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  time. It leaves me very bullish with
• 7:35
  where we are. Like I said earlier, for the
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  next 6 months or so, I'm actually very bullish.
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  If you would have asked me two or three years ago, I would have
• 7:43
  said we'd almost be at the peak of this business cycle, but we
• 7:46
  haven't even started yet. And so there's a chance we
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  either have this massive surge higher in a short amount of time
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  in the in Q4 and we still maintain these four year cycles.
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  Or more likely what it's looking like to me is the cycle extends
• 7:59
  into the first half of 2026 somewhere, which to me would
• 8:02
  mean the Bitcoin peak would probably extend and happen
• 8:06
  somewhere in the first half of 2026.
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  One other thing I want to bring up is because everybody knows
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  that global M2 and liquidity lead the price of Bitcoin.
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  Something that I've noticed however, is that that at cycle
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  peaks of Bitcoin price, the price of Bitcoin actually leads
• 8:25
  those other factors. So I would caution people to be
• 8:28
  very careful. What I've noticed from past
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  cycles is that even though global M2 is still rising and
• 8:34
  kind of looking toppy, like the rate of change is starting to
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  slow down a little bit. Even though the economy is
• 8:39
  revved up and PM is are sitting around 60 or so and everybody is
• 8:43
  super bullish, that's usually about the time Bitcoin peaks.
• 8:46
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• 8:49
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  an exchange, regardless of whether you're a nefarious like
• 9:36
  Justin Sun or not, they can be seized by people who don't have
• 9:40
  your best interest in mind with the World Liberty financial
• 9:43
  coin, they actually freezed his tokens because there was a
• 9:47
  backdoor scheme showing that on his own exchange he was going to
• 9:50
  offer a 20% coupon or yield for issuing this sort of token and
• 9:54
  as they come to find out, this was just a mechanism to provide
• 9:58
  exit liquidity for him to unleash his 3% of the total
• 10:01
  supply of tokens back onto the market and drop the price.
• 10:04
  It's reported that he would have walked away with hundreds of
• 10:06
  millions to a billion dollars worth of profits from this
• 10:09
  scheme and now he's going to Twitter and saying that every
• 10:12
  true great brand must be built on fairness and this isn't a
• 10:15
  good look for you and for your shareholders.
• 10:17
  Well, try not rugging people, but you don't have to be 1 of
• 10:20
  the people to get rugged because you can just remove your Bitcoin
• 10:23
  from exchanges. You can do this privately,
• 10:24
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• 10:38
  The system continues to show that is a sinking ship and that
• 10:41
  it can only continue to float if there is manipulation.
• 10:45
  The largest bond market in the world cannot exist without the
• 10:48
  Treasury stepping in to manipulate, and we cannot
• 10:50
  sustain a strong economy without Jerome Powell or anyone who's in
• 10:53
  the leadership at the Fed cutting and manipulating rates.
• 10:56
  And So what is the only thing that can happen in that we can
• 10:59
  do well, that is we can remove our energy, our time, our money
• 11:02
  in our effort from that system into a different system.
• 11:05
  And that's exactly what Jeff Booth proposes here.
• 11:07
  The. Cause of the 4th turning, the
• 11:09
  whole concept is manipulated money that gets worse and worse
• 11:13
  and worse because where cause of inflation doesn't exist in the
• 11:17
  free market. And so, So what your, your
• 11:21
  question about the fourth turning?
• 11:23
  If Bitcoin stays decentralized and secure, that'll never happen
• 11:26
  again ever. But this is going to be very
• 11:30
  chaotic. This is going to be crazy
• 11:32
  chaotic because because I would venture to say even in Bitcoin,
• 11:36
  there's, there's a very small percentage of people that are
• 11:40
  actually measuring Bitcoin from Bitcoin and, and moving all of
• 11:44
  their energy to it instead. And instead of feeding a system
• 11:49
  that's stealing from them. So it's, it's so, so why should,
• 11:53
  why would this be chaotic is because most of the planet
• 11:57
  doesn't know this yet. And the same thing that has to
• 12:01
  the same thing that's happened to you as you've taken your
• 12:03
  Bitcoin journey, same thing that happened to me that we unlearn
• 12:07
  what we thought we knew and we learn something new.
• 12:11
  It has to happen to every single person on the planet.
• 12:13
  You guys are so early in the, in, in this like so crazy early.
• 12:19
  And there's going to be the, the amount of chaos that's going to
• 12:23
  come to this. If you if for 5000 years, we've
• 12:26
  always lived in a control system.
• 12:30
  And this is for, for me, for a long time, I felt Bitcoin would
• 12:34
  get centralized and brave until I realized I had agency.
• 12:40
  I decide, I decide, I decide whether we run knots or, or I
• 12:44
  decide to, I decide I can put all of my energy in the thing I
• 12:49
  want to see in my future, for my kids, for my family and
• 12:51
  everything else. And I can move my energy.
• 12:54
  I don't, I know this is going to get chaotic, but I don't have to
• 12:57
  feed the, the, the beast and move all my energy to this.
• 13:00
  When I realized that I had agency and and through that hope
• 13:05
  and abundance that I could tell other people they have agency
• 13:08
  too and they could move their time, I could see a path that
• 13:13
  looked so different than any other path that ever has ever
• 13:16
  existed. The system of Bitcoin isn't
• 13:19
  broken. There's predictable rates,
• 13:20
  there's a fixed supply, and there's an element of it that it
• 13:23
  is accessible by anyone in the world with an Internet
• 13:25
  connection. That's the sort of financial
• 13:27
  system that I want to live in. And I don't want to be waiting
• 13:30
  on jobs reports and numbers and whether Jerome Powell is going
• 13:32
  to cut rates. And when I look at the world and
• 13:34
  the economy, the exuberance at the top continues to get higher
• 13:37
  and the struggle at the bottom continues to get deeper and
• 13:40
  harder. So one of the things that we
• 13:41
  need to do is stop putting our energy and our effort and our
• 13:44
  money into this old and broken system and exchange it and put
• 13:47
  it into a new system. And that system is Bitcoin.
• 13:49
  This is Dante Coke with Bitcoin simply.
• 13:51
  And if you haven't already done so, please like and share and
• 13:54
  subscribe to the channel. And if you haven't already got
• 13:56
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• 14:16
  and gloom. There's an existing system and
• 14:18
  there's a new system. Which one will you join?
• 14:20
  Happy Stacking.