Who cares if the world is on the brink of financial ruin — Roseanne tweeted

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While Roseanne Barr stole all the headlines yesterday afternoon, the global economy was teetering on the brink. It's really kind of amazing how economic shifts don't make the news anymore. I think everyone's just kind of hoping that if they ignore it hard enough, maybe it just might go away. I've got some bad news for everyone… that ain't happening.

The Dow closed out yesterday falling over one and a half percent at nearly 400 points in the hole. It marked the third straight day of trading losses for both the Dow and S&P 500. A run on the nation's largest banks ensued throughout the day. Goldman Sachs, J.P. Morgan, Citigroup, Morgan Stanley and Bank of America all lost more than 3%. That's kind of a big deal don't you think? Interesting how none of this is getting talked about in the media.

RELATED: The end of stimulus? (And the start of the crash?) What the most important chart in the world is predicting.

So what's causing all this turmoil? Again, something you won't hear about from any of the mainstream news networks today, but global debt has reached catastrophic record numbers. Global debt is now at $164 trillion… and rising!

These numbers are absolutely insane.

$164 trillion is 225% of global GDP. The governments of the world never really recovered from the 2008 financial crisis. All they did was print money and leverage the farm. The world is now twelve percent of GDP deeper in debt than it was at peak debt cycle during the financial crisis in 2009.

The hardest hit since 2008 has been China. They've been spending themselves into oblivion trying to compensate. Since the financial crisis, China accounts for three-quarters of the world's debt increase, but Japan and the United States are right there with them. That's all of the top three economies in the world, desperately kicking the can down the road and hoping no one will notice that the sky is falling.

As all of this is happening and we still refuse to cut spending. Can you imagine how much worse all this will get if someone like Bernie Sanders ever becomes president?

To make matters even worse, Italy — the third largest economy in Europe - is on the brink of default. There's currently a political power struggle going on that may decide the fate over Italy's future in the EU. On top of that, Italy has one of the largest national debts in the world and an unemployment rate over 11%. It's economy is now worse off than it was before 2007. The Italians tried, like everyone else, to borrow and spend their way out of the financial crisis, but they never recovered.

They now have a ton of debt that they now have to pay back in US dollars. The problem now is that - as of yesterday afternoon — the Euro fell below one dollar and sixteen cents to the Dollar. In fact, the Dollar is surging which is making all those Italian loans more and more expensive. Default is a real concern. If that happens, economic contagion could spread on its way to a much larger meltdown.

As all of this is happening and we still refuse to cut spending. Can you imagine how much worse all this will get if someone like Bernie Sanders ever becomes president? Spending is already at record levels, and this new wave of Democratic Socialists want free healthcare, college tuition and a higher minimum wage. If they get what they want, the economic ramifications will make 2008 look like child's play.

CNN reporter tries to 'ambush' GOP candidate Kari Lake, IMMEDIATELY regrets it

Image source: (left) Video screenshot/ (Right) Mario Tama/Getty Images

CNN senior national reporter Kyung Lah thought she'd caught Republican Arizona gubernatorial candidate Kari Lake off guard when she asked for an impromptu interview outside an event, but ended up sorely regretting her decision.

Lake, a former Fox news anchor, shook hands with Lah as she approached and immediately pointed out that the CNN reporter wasn't wearing a mask any more, a barbed reference to a contentious interview in October 2021, in which Lah smeared the GOP candidate as a “rising star of the right-wing and proud spreader of lies." Lah asked if Lake had “a minute to chat.”

“I’ll do an interview," Lake answered, "as long as it airs on CNN+. Does that still exist? I didn’t think so, because the people don’t like what you guys are peddling, which is propaganda. Thank you.”

Lake then walked into the event, leaving Lah utterly speechless.

It looks like Lake gained quite a few fans on Twitter:

Kari Lake has been a longtime friend to "The Glenn Beck Program." She joined Glenn last August to tell Glenn why she left the corrupt world of media, what prompted her to enter "the even more corrupt world of politics," and how she plans to make a big difference in her battleground state of Arizona.

Watch the video clip below to catch the conversation. Can't watch? Download the podcast here.

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Hunter's Biden's latest BIZARRE scandal reveals how red-flag laws REALLY work

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Even if red-flag laws weren't unconstitutional (which they are), they've never been about your safety. They're about your submission, argued Glenn Beck on the radio program. Think of it this way: If red flag laws became the law of the land, do you think President Joe Biden’s son Hunter would lose his guns or face charges for violating the gun laws we already have?

You may have heard that he once "lost" a gun in a dumpster by a school. But there's a whole lot more to the bizarre tale. Newly revealed texts from Hunter's abandoned laptop detail the strange drama that unfolded when Hallie Biden, Hunter's sister-in-law-turned-lover, threw his handgun into a dumpster near a Delaware school in October 2018. The gun was found and turned in to police, but like so many of the Biden family scandals, the chaos created a sandstorm that conveniently helped cover Hunter's tracks. Only tidbits of information have emerged, the most significant of which is that the gun in question was purchased by Hunter illegally and, of course, no charges were filed as a result.

Glenn broke down the details of the most recently revealed Hunter Biden scandal, noting in particular that no charges or arrests were ever made as a result.

"If you voted for Joe Biden and you believe in all of these red-flag laws, then why isn't Hunter Biden in jail today?" Glenn asked.

"You and I both know that the ramifications of Hunter Biden's activities and his tragic saga go well beyond Hunter Biden, because they are teaching people a lesson. We are moving towards a society that has a ruling class that lives above their own edicts. They tell us they know better. They tell us that our neighbors and even some of us are dangerous, while ignoring the dangers in their own lives or in their own families ... We saw it during COVID-19 and we will see it again with gun regulations, 'The rules are for thee and not for me.' This is why Americans cannot give an inch, not one inch of our liberty away on the grounds of the government's good faith. They have no good faith left. They have violated every single principle of liberty and they've done it in a name of they know better," he said.

"Don't be fooled," Glenn added. "Just as we saw during COVID-19, just as we saw with the Patriot Act that is now being horribly abused by the people in power that swore they'd never abuse it, red-flags are not about your safety. Period. They are about your submission."

Watch the video clip below to catch the conversation. Can't watch? Download the podcast here.

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Thanks to a recent report from the Federalist, we now know of an ‘insidious’ White House plan to significantly alter commercial sales of ammunition. Not only would this plot skyrocket the price of ammunition for everyday consumers, but it could create a national security risk by limiting one factory’s ability to produce for the military under war-time demand as well.

Larry Keane, from the National Shooting Sports Foundation, joined "The Glenn Beck Program" to detail this White House move, and he explained how he knows the government is lying about it, too.

Watch the video clip below to catch the conversation. Can't watch? Download the podcast here.

Want more from Glenn Beck?

To enjoy more of Glenn’s masterful storytelling, thought-provoking analysis, and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution, and live the American dream.

2021 was a turning point for public education in America. Remote learning revealed to parents what public schools were force-feeding their kids — everything from critical race theory to the existence of infinite genders — while performance in subjects like math and reading fell across the board.

Now, school boards and teachers' unions are facing a tidal wave of parents who want to take the reins back. But school wasn’t always like this. Glenn Beck takes us back to a time before the Department of Education and asks the question: “Are our schools getting better or worse?”

American Federation for Children senior fellow Corey DeAngelis joins to expose who’s actually benefitting from our public school system — and it’s not our kids. And former Secretary of Education under President Trump Betsy DeVos explains why it’s time to abolish the department she once headed, what stopped her from doing so, and how parents can make a big difference.

Watch the full episode of "Glenn TV" below:


Want more from Glenn Beck?

To enjoy more of Glenn’s masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.