Liberty and Finance, Released on 11/27/23
The financial system must continue to expand exponentially to survive, says market trader Gregory Mannarino. But liquidity is drying up, he notes, pointing to the recent banking crisis. He joins us to discuss the draining of funds from the banking system and why further bank failures are likely.
0:00 Intro
1:59 Banking system
9:50 The Great Taking
17:55 MMRI
19:35 Cryptocurrency
22:37 Gold & silver
27:12 ETFs
29:11 Consolidation of banks
33:15 Traders Choice
33:50 Miles Franklin
Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieutenant. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading. Gregory currently hosts a business day “MarketReport” on YouTube. You can find out more about what he offers at his website Traderschoice.net.