CRASH is a SETUP!! Why? 401k Trillions Arrive Soon! - YouTube

Egggg yolk, howzit cracking with my people, the daily faithfuls of the Chico Barracks

& if your new, you haven’t earned your stripes, your just a viewer of the tube.

My name is Tyler & this crypto channel is about to start in…..

10, 9, 8, 7,

6, 5, 4, 3,

2, 1, and 0….it’s time for Chico Crypto

And the timeline, is working itself out, like a broadway play...we are turning the monthly

page into September, only 2 months away….from, one of the most turbulent market events, in

the history of my life...this Presidential election.

The Bidster vs the Trumpster….but the more I research into what is going on, the more

I realize this is all just a smoke screen to loot the American public, from either side,

Democraps or Rebublicant’s

Let me try and explain.

While this world has been distracted, those in Power in this country have been pushing

for sweeping changes to retirements of Americans.

AKA 401ks.

What are the changes?

Well the department of Labor, at the beginning of June announced they wanted to change the

401k rule, which stopped these employee sponsored retirement plans, from having portfolios which

contained private equity investments, from Firms like Fidelity, Vanguard & of course

Blackrock.

Now this is throwing these retirement age investors to the wolves, the literal wolves

of wall st...where risk is an afterthought to these guys, especially BlackRock and CEO

Larry Fink, who is running the governments corporate credit facilities, in collaboration

with the Treasury and the FED initiated to “save our economy” Blackrock with the

government facilities, has been given the power to quarterback an unprecedented amount

of money, 750 billion to leverage in the corporate bond buying program, which includes both investment

grade & those JUNK bonds.

So, our government already gave a certain private equity money, the most ever handed

to a firm like this in the history of this country.

That’s coming out of taxpayer’s pockets.

And now, they are attempting to get access to even more money, from one of the only things

the general American publics gets that is Tax deferred, 401ks.

Now, If you didn’t know, it's the place where the average american, based on statistical

numbers, stores the largest majority of their wealth.

It’s the place, since their inception in the late 70s, that have become a core part

of the American dream.

Our citizens have put all their eggs into 1 basket...the supposed safe place to retire...401ks

in the past use mutual funds, bank collective investment trusts, and insurance company pooled

accounts whose portfolios focus on publicly traded stocks and bonds, and usually are extremely

low risk

But private equity vehicles and investments are extremely high risk,usually a fund, which

is a portfolio of privately held, usually struggling companies & the funds goal is to

rehabilitate, or liquidate them, enriching the passive limited partners, and the general

partners including those managing the fund.

Now, direct investments, as a limited or general partner, is usually restricted to high net

worth individuals, as these individuals are in a better position to take on the massive

risk that comes with these, and the astronomical fees charged.

But these high networth individuals have stopped pouring money into this market, it’s literally

dried up to desert proportions, in the past 8 months.

So let me show you why….here is a list of the 113 companies that have filed for bankruptcy

throughout this year, big names, that I’m sure many of you recongnize, Fairway, Pier1,

True Religion, JC Penny, Jcrew, hertz, 24 hour fitness, GNC, lucky brand & more...now

CB insights, also has this listed, now let’s just search ty the term private equity...it

comes up 17 times, Nieman Marcus...private equity company saddled the company with debt,

private equity bought it, private equity.

Private equity, and private equity again.

Now, the high net worth individuals, they notice this & they aint going to be putting

their money, in a fund house of cards on the brink of collapse…

Now Wally Okby, Senior Analyst at Aite Wealth Management group stated, the pool of available

capital from high-net-worth investors for private equity has recently dried up.

“They’re looking for cash anywhere they can get it,”“Therefore, they go to 401(k)s,

where investors typically don’t understand what they’re investing into.”

And there is a lot of CASH and value, locked up with American 401ks.

The 401k marketplace is 8.9 trillion dollars, or just 42 percent of America’s 21 trillion

dollar GDP.

It’s massive, and if this gets finalized, which it’s looking like it just might...you

know who goes wild, like a raging party that goes until 5am?

Wall St. & of course those private equity firms, who is wall st.

And those in Charge wanna get it passed before election time, because like I mentioned the

clock is ticking to a turbulent market event, the November election.

And now it’s time to explain, why it doesn’t matter what happens, it will all be the same.

As we know, the Trump administration chose BlackRock to be it’s helping hand, well

if you have watched this channel for anytime, you know so did Obama, they contracted FINK

and blackrock to help with the 2008 financial crisis...well the other person who could win,

the Bidster, he is going to pick Blackrock too..

The campaign for accountability covered it “‘Middle Class Joe’ Biden Courts Wall

Street Oligarch, BlackRock’s Larry Fink...their article states “In January, The Atlantic

reported, Biden went to see Fink, who told the ex-vice president “I’m here to help,”

which Biden took as a sign that Fink wanted a role in his campaign assuming he runs”

Which we all know he did & then the new republic covered it further, their article states “An

even more full-throated merger of BlackRock and state could be on the horizon as CEO Larry

Fink cozies up to Joe Biden’s presidential campaign, likely angling for a top Cabinet

post.

Whatever the result of the November election, BlackRock is poised to come out a winner.

And then CNBC seals it in their article titled “Biden donors privately float big names,

including Elizabeth Warren and Larry Fink, for key roles”

So whatever happens Tramp wins, Biden brings home the bacon...wall st. will continue to

be pumped to beyond proportions, as FINK is in the driver's seat no matter what.

So I know, I predicted another market collapse come November, and it’s still likely, a

big one, but it won’t be an apocalypse type scenario like I once thought.

I should have known no matter that outcome, Blackrock would be controlling the economic

strings, but I didn’t realize they were already a shoe-in with Biden.

So this is what’s going to happen here in my opinion…

Trickle down economics at their finest.

Now the stonk market is much much bigger than the crypto markets.

Latest data taken at the end of June, puts the US stock market worth over 35 trillion

dollars.

As of yesterday, the crypto markets were just over 380 billion dollars or just 1.08 percent

of the behemoth that is finance.

Now private equity firms, and their investors, their money is tied up in the behemoth, and

with the news of 401ks, this behemoth will keep growing larger...but so will the crypto

markets?

Why?

I wonder if Blackrock is eyeing that tiny market?

Well why did they tweet this in September, praising blockchain and have a blockchain

lead Robbie Mitchinik?

Nowl let’s just take a look at the top private equity firms #1 is of course, is blackstone...no

not blackrock, but blackstone, ran by Steve Shwarzman.

Steve is the one who gave blackrock the initial capital to get going, Larry Fink used to work

for Steve, and the name was thought of by the two.

So Blackstone, what’s their thoughts on crypto or blockchain?

Well Steve, in September of 2019 said this regarding blockchain…”There’s all kinds

of uses you can have from certain executions.

[Blockchain technology] is a very good idea, and it will end up being adopted because it’s

good technology.

Applying it to the creation of money is sort of, for my taste, pretty odd.

He was asked by the reporter “So in the future, you do see Blackstone investing in

companies that are using blockchain technology?

And he replied “That would be good because it’s a sound, very interesting technology”

Ok that’s just 1 the most powerful and biggest, but it doesn’t mean the trend for these

firms is going the way of blockchain and crypto right?

Well #2 is Carlyle group….and guess what, just in February of this year, he joined the

advisory board for a blockchain payments startup called Radpay.

Ok 2 out of 2 of the top...how about #3?

According to the list.that is KKR Inc and Company & guess what?

In June of last year, the co founder Henry Cravis, invested in a crypto fund….a flagship

one to boot, ParaFi Capital out of San Francisco.

How about #4...they can’t be going blockchain too right?

Well that is TPG Capital, and of course they are.

Their venture wing TPG Growth, just a few months ago in April, led the 100 million dollar

funding round for the blockchain and AI based Identity platform, Onfido.

Now, the more capital access these guys get, the more riskay things they put money into,

like blockchain and crypto.

It’s good short term for the crypto markets, but not good for the system overall and long

term.

I’ve explained it a hundred times, so I won’t explain it again, but the leveraged

game these guys are playing eventually comes to an abrupt end, and when it does….YIKES.

This year, next year...down the road in 2024.

And hopefully, you, me, our wealth survives as we hold all of the assets of the future.

Cheers I’ll see you next time!