New California State Public Conference Call 6/19/24 Pt2

• A Japanese bank collapsed after Fed bailout
• Japan quickly re-building military
• Higher interest rates broke a major world bank
• 10yr Bonds are the best investment for the next 2 to 3 year cycle
• To protect the Dollar, Fed will have to raise interest rates
• The Fed did a bailout on October and it failed
• Another bailout is unlikely
• California CANNOT be bailed out

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