Josh Sigurdson talks with author and economic analyst John Sneisen about the overvalued and incredibly dangerous stock market which seems to be on its last legs. Now, while so many are euphoric with what they believe to be an incredibly prosperous stock market, the truth is far from the optimism. In fact, we are about to see an epic crash. In this video, we analyze the most need to know information, heavily sourced, based on historical data going back more than a century. Looking at share buybacks, as Market Watch reports, “For the 12 months ending March 31, S&P said that the actual S&P 500 companies spent an almost unbelievable record total of $589.4 billion for buybacks. That is so much stock buying that it is almost like taking Apple private.” 20 major companies have taken part in buying back the most stocks including: Gilead Sciences Apple GE Pfizer McDonald’s Microsoft Boeing AIG Express Scripts Wal-Mart Johnson & Johnson Oracle Alphabet CVS Health Disney Wells Fargo Visa JP Morgan Citigroup and Goldman Sachs Examining ‘Price Earning Ratios’ (PE) throughout the world, overvaluing tends to happen between the 1-15 level. We see Italy in first place with a PE ratio of 29, Norway in second with 27.4 and the UK in third with 25.6 and that just scratches the surface.
Examining ‘Price Earning Ratios’ (PE) throughout the world, overvaluing tends to happen between the 1-15 level. We see Italy in first place with a PE ratio of 29, Norway in second with 27.4 and the UK in third with 25.6 and that just scratches the surface. When we dig into margin debt we see even more manipulation and debt necessary to prop up the zombified market. Everything from the markets to the monetary system are incredibly artificial and dangerous. About 30 Billion Dollars was recently pulled from US stocks in just 10 weeks. Ron Paul sees a likely 50% plunge in stocks in the near future. The government and banking system thrive on debt but we as individuals do not. This will make 2008 look like a walk in the park. This will make the dot com bubble look like a good day for the stock markets. The bubbles will all burst and it will without a doubt be epic. If you’re pushed down a bottomless pit of debt, you are forced to ask for a ladder up from the government and banking system which puts you in perfect servitude to both entities. This video gives a plethora of information and charts to help you understand the threat we face. This has nothing to do with Trump and everything to do with banker and government manipulation. It’s better to be overly prepared than under prepared. We are witnessing the calm before the storm. Stay tuned for more from WAM! Video edited by Josh Sigurdson Featuring: Josh Sigurdson John Thore Stub Sneisen Graphics by Bryan Foerster and Josh Sigurdson Visit us at http://www.WorldAlternativeMedia.com LIKE us on Facebook here: https://www.facebook.com/LibertyShall… Follow us on Twitter here: https://twitter.com/WorldAltMedia FIND US ON STEEMIT: https://steemit.com/@joshsigurdson BUY JOHN SNEISEN’S LATEST BOOK HERE: Paperback https://www.amazon.com/dp/1988497051/… Kindle https://www.amazon.ca/dp/B073V5R72H/r… DONATE HERE: https://www.gofundme.com/w3e2es Help keep independent media alive! Pledge here! Just a dollar a month can help us stay on our feet as we face intense YouTube censorship! https://www.patreon.com/user?u=265207… BITCOIN ADDRESS: 18d1WEnYYhBRgZVbeyLr6UfiJhrQygcgNU World Alternative Media 2017