DEFAULT IS INEVITABLE | Michael Pento

“Debt levels have reached a point where they have to be defaulted upon,” Michael Pento of Pento Portfolio Strategies tells Silver Doctors.

Michael Pento of Pento Portfolio Strategies interviewed by Silver Doctors

The rate of the 10-year Treasury is at a four year high nearing three percent. Pento forecasts it will rise to four percent, which will be a “floor rather than a ceiling.If the rate rises to four percent, people will have lost about 25 percent from a “risk free” asset since July 2016.

The top is in for the stock market, Pento says. As rates continue to rise, look out for a bankruptcies, layoffs, and a stock crash.

Please follow and like us:

Other articles of interest:

The War on Google Terrorism: Las Vegas, Nothing Google Allows is True https://www.youtube.com/watch?v=JxmEFeKy8aI   The video above proves, scientifically and categorically that there was a 2nd shooter in Las ...
Perry Stone Journey to the Underworld & Hell The hidden champers of the underworld, the realms of Earth and more! Please see & share https://www.youtube.com/watch?v=dymj4KlsIO0
THE HOUR IS LATE What is Flakka? The Gateway to Demonic posession --> WARNING THE VIDEO (EXTENDED VERSION CONTAINS GRAPHIC CONTENT - VIEWER DISCRETION ADVISED) <...>
Was Las Vegas Shooter Stephen Craig Paddock An Anti-Trump Activist With Ties To Antifa? The mainstream media is trying to tell us that they have no idea why Stephen Craig Paddock fired “thousands of rounds of ammunition” into a crow...
American Cancer Society website literally suggests recipes that CAUSE cancer while the rest of us ar... (Natural News) The number one fuel that creates cancer cells and causes them to spread throughout the human body is food that contains chemica...