the video rebel is back with more information you'll want to know. this time the subject is mostly food and money;

In 2009 Carmen Reinhart and Kenneth Rogoff wrote This Time Is Different.  12 years later and the US Debt to GDP rose from under 75% to 132.84%. And the US Senate and House are trying to raise the debt limit by a few trillion dollars. That would be 140% of GDP. But an even scarier figure is the total amount of unfunded entitlements we owe which is 8 times greater than next December’s $30 trillion debt.

Luke Gromen said that the true cost of our deficit is the cost of interest on the national debt plus entitlement payments which is  already 111% of total tax receipts.

This is not sustainable. Gromen sees no easy exit from the very hard times ahead.

We have massive supply chain problems. A trucking company in Texas is willing to pay truckers $14,000 a week to help break up logjams. Of course those costs and the rising cots of natural gas, coal and electricity have to be passed on to consumers who are already reeling from spiking food prices. China is experiencing rolling blackouts due to a lack of coal. They have shut down manufacturing plants that supply parts to American manufacturers. That is not good.

The price of electricity went up 30% in one week in Italy. Natural gas prices are up 250% since last year in the UK and an astounding 50% since August. And just yesterday European natural gas prices went up another 40% over night. Putin cannot sell more because he has to stock enough gas so Russians can survive their winter.

In Holland innovative agronomists were able to raise 890,000 pounds of tomatoes per acre. That is 403,697 kilos per 4/10ths of a hectare to Europeans. They can no longer afford to heat their greenhouses. The Netherlands is or was the world’s second largest exporter of food. China has had back to back years of record floods. They already implemented food rationing and have been importing food from the US. Brazil and Argentina have stopped exporting food to China because they have had severe crop losses due to record breaking cold weather.

China has had a second property developer miss payments. Fantasia skipped a payment on a $206 million American loan. Chinese junk bonds are tanking............read and watch more......