Economic Shock: Bombshell GDP Drop, IMF Slams Congress Spending, Republic Bank Collapses

Despite huge deficit spending, US GDP has fallen down to 1.6 percent in Q1. This should be alarming as the endless borrowing can’t seem to prop up the US economy. The IMF is scolding the US Congress for their spendthrift ways, highlighting how this is putting the global economy at big risk. Meanwhile, Republic First Bank has collapsed in the US, signalling a resurgence in bank failures thanks to higher interest rates. Here’s what you must know! 📍📍Buy Gold & Silver (Singapore Viewers): - Get a 0.5% discount with the code: SEANFOO 💰💰Stocks Sign-Up For MooMoo: - Get FREE stocks up to $1,000 from Moomoo (Singapore & American viewers): ✅ Timestamps & Chapters: 0:00 US Inflation Crisis Not Over 2:56 US GDP Falls Hard 6:29 IMF Slams Congress To Stop Spending 9:47 New Bank Failure Erupts 12:42 Stagflation Future Subscribe to my channel where we dive deeper into the world of gold, silver & investing: 🔴 Subscribe: Helpful videos for gold investing: - Start With Silver Or Go Straight For Gold?: - How Much Gold To Own: - How High Can Gold Prices Go: Learn how to buy physical gold: 👑 Here’s how to buy physical silver: 🪙 Please note: I will earn a small commission from affiliate links at no additional cost to you. Disclaimer: The information presented on this channel is for news, education, and entertainment purposes only. The information does not constitute an offer or solicitation to buy or sell any investment product(s) or investment strategies, or a substitute for professional investment advice. It does not take into account your specific investment objectives, financial situation or needs. I am not a financial advisor or a licensed investment professional. Please consult with your financial advisor before following any investment strategies discussed herein.