Back in 2008, just before the financial crisis, the US national debt was $10T. In just 16 years, the national debt is at $35.7T now. This is called the point of no return.
It's worse, because your nation created the debt to feed your Oligarchs who then finance your debt via the bond system which insures that your children are indebted to your masters for ever into the future.
There is only one big bully. What you think are "other bullies" appear to be bullies because the sole bully is instigating and provoking the neighbours around those so-called other bullies to react and the real bully then accused them of being bullies.
It's not a popularity contest, it's about global empire and rule by force; "US primacy". But it's a dangerous game and empires will crumble sooner or later.
The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?
Gold and Silver are often seen as a safe-haven asset that can protect against inflation and economic uncertainty. But like any investment, it carries risks. To determine if gold is the right investment option for you, an investment advisor can help you weigh the potential benefits and risks of investing in gold. They can also help you create a well-diversified portfolio that includes gold as part of a broader investment strategy. An investment advisor can help you decide how much of your portfolio should be allocated to gold and select other investments that can complement your gold holdings.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated over $800,000.
I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
‘’Marisa Michelle Litwinsky’’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you for this tip. it was easy to find your coach. and I conducted thorough research on her credentials before scheduling a call with her. Based on her résumé, she appears to possess a high level of proficiency, and I am grateful for the opportunity to speak with her.
It's such a glaring sign of time that the overwhelming majority in the world are delighted at the prospect of the end of the US hegemony. What could the US have done wrong to deserve this??? Wink wink.
@@Sir_Sway As a result of America's divisive policies. Japan, South Korea and Taiwan are all being engineered by America to attack China. They are being played and being foolish.
@@Sir_SwayFight China with what? Where you from? The Israeli with the full backing of the US hasn't been able to subdue its neighbour. China holds the tibetan plateau which feeds the rivers of southern Asia and north of India. Nevermind the financial cost, just imagine the impact of floods or drought that China can cause. Don't forget the Chinese were the first fighting the Japanese empire and gave birth to the WW2 world order along with Soviet and US. This is against the backdrop of most of the current Asian States playing surrender monkey to the Japanese.
@@Sir_Sway You are only partially right.. Many Asian countries were already deeply wary of China and after the CCP's role in "Covid" these concerns were heightened to the max level possible However the Biden Government came rushing to the rescue of China about 30 months ago with its sanctions and confiscation of Russian assets held in Western banks ... It spooked the rest of the world that is not even anti American to begin with.. If this could happen to Russia, it can happen to ANY other country. It also highlighted the fact that China for all its rising power never came close to having the financial muscle of the US . Coupled with the fact that the US has been abusing it's reserve currency status for more than 70 years, it is now becoming clear to countries that are observing the facts in a cold, rational manner that the US government and its weaponization of it's reserve currency is the more immediate threat that needs to be addressed
I think the correct adjective for many countries is not "delight" but relief that they are no longer subject to the whims and fancies of America and the power which truly runs it (hint: it is not the President of the US or its civilian power structure) As I pointed out, many of these countries seeking protection from the abuse and weaponization of the USD are not anti American to begin with...but thanks to the American Mafia known as its "national security" state, we are now looking forward to the post American era
Great interview!! Glenn is a very intelligent individual who understands what is really going on over seas. It's always great hearing from people like Glenn Diesen or Col. Douglas Macgregor because they speak only facts and not no propaganda.
Mcgregor is interesting because of his military and history anecdotes. But somehow he's unable to understand that the thing he keeps complaining about is called capitalism.
No matter which country we are talking about, it is not just the number of children you produce, if they are not properly educated as they grow up, then the number doesn't mean much. Dumber young generations is a burden rather than productive resources.
US is not in the business of making things. It is in the business of consuming things, which it paid for by issuing debts in the form of accounting entries at the Fed. The risk is not whether US can do without foreign imports, but for how long it can sustain foreign imports that it paid with accounting entries
Coming BRICS summit in Russia next week where 159 countries linked to BRICS-BRI projects suddenly stop using Dollars for their trade settlements. Either using their own sovereign currency or BRICS Gold-backed currency.
@@BrandyHeng007 I got what you mean but trading with their own currency doesn't mean they will not accept US dollars. Imagine Brics successfully trading with each other on their own currency and manufactures stuff that ends up being exchanged with toilet paper from the USA, isn't that stupidity?
@@BrandyHeng007 USA will only feel the pain if the whole BRICS trades with USA only with BRICS currencies. If they still accept the US dollar, it's counterintuitive.
@@dave9547 YES TRUE THEY ARE A TYRANNICAL MINORITY !!! BUT THE MAJORITY IS NOT SCARED AND WILL NOT BE FORCE TO LIVE UNDER EUROPEAN COLONIAL TYRANNY ANY LONGER !!!
THe US empire is nto nice, its corrupt, it sucks for many reasons.. BUT.. if you know how global hegemony works, youd know that when the US falls, global wars start. The sad truth is that the world is headed to a very very sad place.
I'm a long time listener of Glenn Diesen, and really enjoy his work. Jay was an amazing host and this was a wonderful interview. Jay's follow up questions and his demeanor was truly superb. Subscribed!
China and Russia are in my opinion prefers multipolarities as their priorities are national sovereignty and financial independence. Diesen is an excellent political analyst.
I am really worried about the current bank crisis/interest rates, these are all the signs of yet another 2008 market crash 2.0 , so my question is do I still save in the Canada's dollar or is this a good time to buy gold?
wars of Ukraine and genocide in Palestine, wars of the world, maintenance of us world fleets and foreign bases, covid19, drug rehabilitation, buying bankrupt banks and the obvious corruption
Great guest, thanks for getting him on your show, Jay. Glenn is a always superb listen. I would have liked him to tackle the China USA clash in more detail with regard to the next five years.
1:10:00 This issue is is twofold: I) Google is FRONT for government agencies, and should have the same OBLIGATIONS as government agencies. They were founded with CIA seed money; and the SEARCH TECHNOLOGY which gave them prominence was GIVEN to them by the Security State. It was based upon technology developed by BILL BINNEY, the former NSA Technical Director, and a founder of Veteran Intelligence Professionals for Sanity. II) Anti-Trust must apply to corporations of scale. In fact, in a true DEMOCRACY corporations of scale would be DEMOCRATICALLY-structured, and include community councils established by direct democracy and meritocracy.
If you think about it, any monopoly should be managed like a democracy with its customers having a say on its decision-making. Otherwise, they all behave like tyrants
Book recommendation by Dr. Glenn Diesen @1:03:00 _Bowling Alone: The Collapse and Revival of American Community_ by Robert D. Putnam When I was looking up this book, I found a book entitled _The Great Good Place_ by Ray Oldenburg. Seems like it's in the same vein andd worth reading.
The US economy is already in recession. Any rate cut will not ignite inflation. The banks will tighten even more, all consumer and corporate credit lending. This is the beginning of a deflationary period for your assets. Stocks markets will decline, and stock values disappear in a blink of the eye. Businesses will begin layoffs in earnest which will soon be reflected in the unemployment rate and unemployment claims, to further solidify the recession. In fact, when the FED cut rates in Sept, it will signify that the Titanic is going under, and it will suck everything down. Retail and housing sales will truly decline as consumer hold off their purchases. The inverted yield curve will then turn positive, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 130k to a decent 532k in the space of a few months... I'm especially grateful to Milton Harper, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape
Comparisons with pre-WWII Japan and the collapse of the USSR are not even serious arguments. Japan was being starved of resources and the USSR had a powerful military but unlike now, it was hardly even a 1st world economy! Declining population is a first world problem. It's rarely mentioned that the ratio of China's rural to urban population is still high which they may be able to use to counteract flagging population growth. In many economic sectors, China is both the largest importer and producer at the same time! And critically, the financial sector doesn't control the government, it's the other way around. That is an advantage over the US which when it isn't dancing to AIPAC's tune, is being led around by the nose by private finance.
They (US) worship capitalism and elitist and money is not distributed readily to keep economic going. Their vicious capitalistic ideology is very self destructive. Time will tell.
He makes it sound like a nightmare when most of the technology and innovation is here. Somehow China and Russia will each put their own interests aside to help dozens of countries that have zero? Very optimistic
Bravo! Glenn Diesen. One way to think about it is this: hegemony and USD as reserve currency has allowed the USA, both politicos and importantly the citizenry, to not live in reality. And the longer one lives out of reality, the harder the fall will be when reality inevitably catches him. Hegemony and reserve currency has acted like a drug. And most of the citizenry did not even know it was going on. What a mess!
The US economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
The inevitable vicious cycle of capitalism economy is that growth is always based upon asset value has unlimited increase by assuming pass the baton to next recipient, except the bobble is non-sustainable, and there is always a risk of last-taker shortage which will trigger the chain reaction of economic spiraling down catastrophe in any time possible, and everything reset to ground zero, yet then the cycle re-start itself again and again.
We don't have capitalism. None of the west does anymore. We have an economy based on interest, credit and debt. Our entire economy is a paper ponzi scheme . In no way does the west have capitalism. It's all banker controlled economics based on interest and credit. It automatically creates poverty among other things
Ezekiel 7:19 “‘They will throw their silver into the streets, and their gold will become abhorrent to them. Neither their silver nor their gold will be able to save them in the day of Jehovah’s fury. They will not be satisfied, nor will they fill their stomachs, for it has become a stumbling block causing their error.
This is correct, Amelia Williams strategy has normalized winning tra-des for me also and it's a huge milestone for me looking back to how it all started And she is only on telegram with the username @Tradeamel
Isn't that the same Amelia Williams that my neighbours are talking about, she has to be a perfect expert for people to talk about her so well She has so much skills and strategies 🎉
I’m old enough to remember when overpopulation was considered to be more of a threat than the falling birth rate, and to my mind, it still is. As far as I’m concerned, we need a falling birth rate globally because overpopulation is still a threat to human civilization and it seems that in order to achieve it, we need a form of economic growth that is based on ecological conservation and development.
This birth rate thing has nothing to do with population, it has to do with the number of incoming young people to do the work. The west is dying with the old people desperately trying to hold onto their power and wealth.
Jay, the actual birth rate in China is likely to be higher, not lower than the official figure because many who broke the one child policy rule simply didnt register the birth of their second, third child.
Absolutely right. When you visit the homes of many Chinese families, suddenly you will find that the so called Only Son has a few siblings, mostly girls. When officials caught them on this, they simply pay a fine for this One Child transgression. People in the West don't know such details and the anti China media refused to highlight such details. Similar to the myth about the so called Ghost Towns/Cities. The Chinese Govt planned such buildings to be built in advance once they earmarked certain locations to be the next area to be developed. This is to avoid having housing shortage leading to slums and hovels. The Western media made a great deal out of this matter but when the assigned locations were developed and the homes filled up, the Western media refused to have follow up reporting. Always smears and negative reporting on China, never once a positive reporting. So it is not surprising that people like Jay is brainwashed in this massive propaganda. This is a propaganda war.... the US Congress just renewed its 1.5 billion budget to encourage negative reporting on China 😮
@@iwanagohome326 I think Jay makes a big deal out of China's demographics, they can lose 100 -200 million and be completely fine. They have 1.4B people !
the recent SSE move is an exact mirror image of the liquidity in the banking system. This sudden rush into stocks will without a doubt cause liquidity issues for the banks 3-6months down the road.
You can't force people into religious practice. The major challenge is capitalism. .. concentration of wealth and power . Changing this will make it affordable to have children.
ASML is screaming blue murder as their stock plunges. So they now said to the US....'we cannot sacrifice our company to support your political interest'. Almost 50% of its business goes to China and to be forced by a foreign country like the US to stop doing business with China is incredibly stuupidd😅 Moreover, the US won't compensate ASML for its losses, because the US is too broke
The population reduction is not as critical as once thought if AI, automation, and robotics are leveraged with a strategy and goal in mind. I can say that on all those fronts, China has started to lead as they understand the power of it, not just as an economic growth engine, but as a countermeasure to population reduction.
Beside money expansion privilege, US can also manipulate the price of commodities that she don't produce to be as low as possible even with inflated US$
Declining population may not be a disaster as people think. The key question is whether a shrinking population could sustain an adequate living standard. With automation and AI, a small work force would be able to support a large society.
It won’t be a disaster. It will be great. Less people, more resources…. I’ve been trying hard to figure out where this depopulation problem narrative came from? What’s their agenda? Why is fear always being pushed?
@@Spiritjunkie-k5iand you think you'll be sn independent person? You'll be forced into sn social class uou cant get out of. Exactly who do you think will control AI? Best thing that could happen for the himancl race is the destruction of all technology. People can NEVER be trusted with power. Slavery is the first outcome and the last.
In a world where tomorrow's sales are worse than today the only way to make money is cuts on the biggest expense i.e people.Social security and the health system in many countries do not work with depopulation. Unless Tech advancement are being given for free society will not be rosy for a lot of people.
Why did a Republic go to war against another Republic for a Monarchy that they fought against during the war of independence, so what had changed, Germany had something worth stealing, 3500 Patents and the 2nd Industrial Revolution tech that Germany was leading in and this is the 3rd Industrial revolution, SEMICONDUCTORS in Taiwan and 1.2 Trillion in modern resources in the ground in the Ukraine as well as who got payed to reconstruct Iraq after that crime against humanity.
Social media needs public rights of way to operate whether air rights or outside pole wire . You can't have democracy with so much power in a few hands. We end up with oligarchy ..fascism.
What you guys miss is the fact that the USA has to create liquidity in the markets without increasing or decreasing the exchange rate . This is called stability
Countries around the world should stop exchanging their tangible goods for the soon to be worthless pieces of green paper & new technologies will allow them to trade with each other in their own currencies or with something similar to Bitcoins. This will avoid the pitfalls of using the $,€ & £ & their monopolistic financial system.
Things cost too much. Younger folks are not having kids they can't even afford to move out of mommy and daddy's house. And just wait we still have the second wave of inflation (which is always worse) yet to come.
Might the Chinese practice by individuals and Government Financial Organisations of buying gold be a supporting backstop to the huge Government liquidity easing Policy ?
Canada birth rates. 1960-1984. From 3.7 to 1.7. The pill, feminism, divorces, modernism, borrow and maximize consumption. 1985-2008 (GFC) Around 1.7 helped greatly by immigrants from poor countries with excess births. Not real Canadians giving births. 2008-2022. From 2.7 to 1.2. Without newly imported immigrants it's probably 0.8 children.
The Russian deal with NOKO came after NAtO started talking about sending 800.000 troops. The NOKO soldiers are in ukraine to get battlefield experience in case NATO makes good on their plan. They are blowing up the roads to fortify a possible second front if the war escalates.
@@patricklarsen8078 The entire DPRK soldier are in Ukraine story. That Russia would train with DPRK is not stranger than NATO countries training together but that they are in Ukraine sounds like BS.
it is not a problem of modernity that people are not having kids. It happened before. It is economic prospects and stability way before religion. Surprizing there is yet to be developed the squeeze Index measuring just by how much plebes can be squeezed before birth rates decline. Yet here we are talking about everythinh but inequelity and empoverishment as the root cause.
Inequity is one of the stupidest ideas plebeians have ever follow. The cause of poverty is THE FEDERAL RESERVE BANK and INTEREST CHARGING . Our economy isnt capitalist, it's the federal reserve bank economy of interest, credit and debt. Our government is fascist in cahoots with the major coporation of the world, the central bank.
Back in 2008, just before the financial crisis, the US national debt was $10T. In just 16 years, the national debt is at $35.7T now. This is called the point of no return.
They can just kick the can down the road because the rest of the world still accepts their toilet paper.
Po folks is doomed. Rich folks delusional.
Sooner than later America is going to hellllllllll
@@MrNatsuka😂
It's worse, because your nation created the debt to feed your Oligarchs who then finance your debt via the bond system which insures that your children are indebted to your masters for ever into the future.
Nobody likes a bully. Not even other bullies.
There is only one big bully. What you think are "other bullies" appear to be bullies because the sole bully is instigating and provoking the neighbours around those so-called other bullies to react and the real bully then accused them of being bullies.
But mabe the others arent bullies,they dont do bullying,but do business.
😊😊😊😊😊😊
@@PhiloSurferThose being 'instigated' are themselves corrupt criminals. No better.
It's not a popularity contest, it's about global empire and rule by force; "US primacy".
But it's a dangerous game and empires will crumble sooner or later.
The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?
Gold and Silver are often seen as a safe-haven asset that can protect against inflation and economic uncertainty. But like any investment, it carries risks. To determine if gold is the right investment option for you, an investment advisor can help you weigh the potential benefits and risks of investing in gold. They can also help you create a well-diversified portfolio that includes gold as part of a broader investment strategy. An investment advisor can help you decide how much of your portfolio should be allocated to gold and select other investments that can complement your gold holdings.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated over $800,000.
I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
‘’Marisa Michelle Litwinsky’’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you for this tip. it was easy to find your coach. and I conducted thorough research on her credentials before scheduling a call with her. Based on her résumé, she appears to possess a high level of proficiency, and I am grateful for the opportunity to speak with her.
Glenn is one of the sanest and calmest voices on the interweb
It's such a glaring sign of time that the overwhelming majority in the world are delighted at the prospect of the end of the US hegemony. What could the US have done wrong to deserve this??? Wink wink.
well well nothing wrong they are the leader of the rules based order wink wink
@@Sir_Sway As a result of America's divisive policies. Japan, South Korea and Taiwan are all being engineered by America to attack China. They are being played and being foolish.
@@Sir_SwayFight China with what? Where you from? The Israeli with the full backing of the US hasn't been able to subdue its neighbour. China holds the tibetan plateau which feeds the rivers of southern Asia and north of India. Nevermind the financial cost, just imagine the impact of floods or drought that China can cause. Don't forget the Chinese were the first fighting the Japanese empire and gave birth to the WW2 world order along with Soviet and US. This is against the backdrop of most of the current Asian States playing surrender monkey to the Japanese.
@@Sir_Sway You are only partially right.. Many Asian countries were already deeply wary of China and after the CCP's role in "Covid" these concerns were heightened to the max level possible
However the Biden Government came rushing to the rescue of China about 30 months ago with its sanctions and confiscation of Russian assets held in Western banks ...
It spooked the rest of the world that is not even anti American to begin with.. If this could happen to Russia, it can happen to ANY other country. It also highlighted the fact that China for all its rising power never came close to having the financial muscle of the US .
Coupled with the fact that the US has been abusing it's reserve currency status for more than 70 years, it is now becoming clear to countries that are observing the facts in a cold, rational manner that the US government and its weaponization of it's reserve currency is the more immediate threat that needs to be addressed
I think the correct adjective for many countries is not "delight" but relief that they are no longer subject to the whims and fancies of America and the power which truly runs it (hint: it is not the President of the US or its civilian power structure)
As I pointed out, many of these countries seeking protection from the abuse and weaponization of the USD are not anti American to begin with...but thanks to the American Mafia known as its "national security" state, we are now looking forward to the post American era
Glad to see Glenn back on YT
Printing money has a huge benefit but it has an equally bad side effect
Living beyond your means always catches up with you
Jay you are a legend. You have now had a string of independent geopolitical thinkers on your show. Major props
Great interview!! Glenn is a very intelligent individual who understands what is really going on over seas.
It's always great hearing from people like Glenn Diesen or Col. Douglas Macgregor because they speak only facts
and not no propaganda.
not mcgregor he sux! But Glenn's cool
Mcgregor is interesting because of his military and history anecdotes. But somehow he's unable to understand that the thing he keeps complaining about is called capitalism.
The equivalent to the Chinese opium wars are being played out right now in American cities and smaller communities.
The chickens have come home to roost-how sweet it is!
@@edited5904 huh? Who's committing war against the USA?
US bases in Iraq and Syria are being attacked.
@@MrMackarethe happiest moment in my life. Lol❤😂🎉😢😮😅😊
The only difference is that it's the US elites doing it to their own population not a foreign country.
No matter which country we are talking about, it is not just the number of children you produce, if they are not properly educated as they grow up, then the number doesn't mean much. Dumber young generations is a burden rather than productive resources.
Good point. America is full of stupid destructive apes and Russia is full of intelligent capable human assets
Like in India
Especially with Ai and automation.
@@iwanagohome326exactly
"Hate speech is just speech that they hate." - someone
So refreshing to hear a deeply intelligent conversation deeply seated in historical facts.
Thankyou Jay for having Glenn on your show, great information 🌿
Glenn is a sane and clear headed people. Well done.
US is not in the business of making things. It is in the business of consuming things, which it paid for by issuing debts in the form of accounting entries at the Fed. The risk is not whether US can do without foreign imports, but for how long it can sustain foreign imports that it paid with accounting entries
The question is how long will the rest of the world stay stupid.😂😅
Coming BRICS summit in Russia next week where 159 countries linked to BRICS-BRI projects suddenly stop using Dollars for their trade settlements. Either using their own sovereign currency or BRICS Gold-backed currency.
@@BrandyHeng007 I got what you mean but trading with their own currency doesn't mean they will not accept US dollars. Imagine Brics successfully trading with each other on their own currency and manufactures stuff that ends up being exchanged with toilet paper from the USA, isn't that stupidity?
@@BrandyHeng007 USA will only feel the pain if the whole BRICS trades with USA only with BRICS currencies. If they still accept the US dollar, it's counterintuitive.
@@MrNatsuka
Remember Trump announcing to impose a 100% tariff on goods from countries that stop using the US dollar in international trade.
BYE BYE EMPIRE !!!! GOOD RIDDANCE !!!!!!!!!!!!!!!!!!!!!
They won't leave with major destruction..
@@dave9547 YES TRUE THEY ARE A TYRANNICAL MINORITY !!! BUT THE MAJORITY IS NOT SCARED AND WILL NOT BE FORCE TO LIVE UNDER EUROPEAN COLONIAL TYRANNY ANY LONGER !!!
THe US empire is nto nice, its corrupt, it sucks for many reasons.. BUT.. if you know how global hegemony works, youd know that when the US falls, global wars start. The sad truth is that the world is headed to a very very sad place.
I'm a long time listener of Glenn Diesen, and really enjoy his work. Jay was an amazing host and this was a wonderful interview. Jay's follow up questions and his demeanor was truly superb.
Subscribed!
Awesome channel. Great interview. Congratulations on 204k Subs👌
China and Russia are in my opinion prefers multipolarities as their priorities are national sovereignty and financial independence. Diesen is an excellent political analyst.
I am really worried about the current bank crisis/interest rates, these are all the signs of yet another 2008 market crash 2.0 , so my question is do I still save in the Canada's dollar or is this a good time to buy gold?
Great interview..Love Glenn Diesen!
Much ❤ 2 Dr Glenn who never wave honesty and decency against all adds , without of doubt you are a pillar of global future (kudos)
Excellent interview with skillful facilitation
Thank you guys 😄✊
So the $35.7 trillion question is,….where did all the money go?
@@seansixfive they consume some of it and the rest goes to other nations for propaganda and war.
Covid payments, misses, war in Ukraine, backing to Israel, new Gov't employees, funding illegal immigrants, all necessary expenditues. 🤣
wars of Ukraine and genocide in Palestine, wars of the world, maintenance of us world fleets and foreign bases, covid19, drug rehabilitation, buying bankrupt banks and the obvious corruption
Isreal.
The Pentagon.
Glenn is a wise guy, speaks the truth and has a different background and view of the world than most viewers from North America !
Reckless and irresponsible behavior in spending cannot last forever, especially when they called exceptionalism!
Great guest, thanks for getting him on your show, Jay. Glenn is a always superb listen. I would have liked him to tackle the China USA clash in more detail with regard to the next five years.
Glen, I would argue that corporations and governments in the West is at that point where they are in lock step.
Thank you for the great interview Jay. Both you and the guest have in-depth knowledge on these topics. Very impressive 👏 👌 👍
America needs to wake up now to multipolarity and take a full and leading role in it, together with Brics. Tariffs are economic insanity.
1:10:00 This issue is is twofold:
I) Google is FRONT for government agencies, and should have the same OBLIGATIONS as government agencies.
They were founded with CIA seed money;
and the SEARCH TECHNOLOGY which gave them prominence was
GIVEN to them by the Security State. It was based upon technology developed by BILL BINNEY, the former NSA Technical Director, and a founder of Veteran Intelligence Professionals for Sanity.
II) Anti-Trust must apply to corporations of scale. In fact, in a true DEMOCRACY corporations of scale would be DEMOCRATICALLY-structured, and include community councils established by direct democracy and meritocracy.
If you think about it, any monopoly should be managed like a democracy with its customers having a say on its decision-making. Otherwise, they all behave like tyrants
Book recommendation by Dr. Glenn Diesen @1:03:00
_Bowling Alone: The Collapse and Revival of American Community_ by Robert D. Putnam
When I was looking up this book, I found a book entitled _The Great Good Place_ by Ray Oldenburg. Seems like it's in the same vein andd worth reading.
Glenn ❤
The US economy is already in recession. Any rate cut will not ignite inflation. The banks will tighten even more, all consumer and corporate credit lending. This is the beginning of a deflationary period for your assets. Stocks markets will decline, and stock values disappear in a blink of the eye. Businesses will begin layoffs in earnest which will soon be reflected in the unemployment rate and unemployment claims, to further solidify the recession. In fact, when the FED cut rates in Sept, it will signify that the Titanic is going under, and it will suck everything down. Retail and housing sales will truly decline as consumer hold off their purchases. The inverted yield curve will then turn positive, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 130k to a decent 532k in the space of a few months... I'm especially grateful to Milton Harper, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape
Milton Harper program is widely available online..
Nice info, i appreciate your concern this will help a lot especially to the young investors who have no or lesser knowledge on how the market works.
Productivity is never accidental; it is always the result of careful planning, dedication, and consistency.
Milton Harper is among the best traders on the internet and I'll keep saying it every time.
Best signal provider in the market. Knowledgeable, level headed no loss like some other traders who recently jumped on the bandwagon.
Comparisons with pre-WWII Japan and the collapse of the USSR are not even serious arguments. Japan was being starved of resources and the USSR had a powerful military but unlike now, it was hardly even a 1st world economy! Declining population is a first world problem. It's rarely mentioned that the ratio of China's rural to urban population is still high which they may be able to use to counteract flagging population growth. In many economic sectors, China is both the largest importer and producer at the same time! And critically, the financial sector doesn't control the government, it's the other way around. That is an advantage over the US which when it isn't dancing to AIPAC's tune, is being led around by the nose by private finance.
BRICS amazing ❤
Good show.
Love Glenn! He is a wise man , who unfortunately is rejected and neglected by the European community.
@revrup The EU is ruled from Washington so critics of the empire are silenced, demonized and even jailed.
US is fine just like British are good when they lost it's hegemony
The question to pose ourselves is not when the banking crisis comes, but rather a scenario of hyperinflation or hyperdeflation?
Good talk, like the history perspective!
Very reasonable discussion. Thanks. I’m weary of the BS
Too late to be saved...wait for the final day downfall of the US empire
They (US) worship capitalism and elitist and money is not distributed readily to keep economic going. Their vicious capitalistic ideology is very self destructive. Time will tell.
He makes it sound like a nightmare when most of the technology and innovation is here. Somehow China and Russia will each put their own interests aside to help dozens of countries that have zero? Very optimistic
Bravo! Glenn Diesen. One way to think about it is this: hegemony and USD as reserve currency has allowed the USA, both politicos and importantly the citizenry, to not live in reality. And the longer one lives out of reality, the harder the fall will be when reality inevitably catches him. Hegemony and reserve currency has acted like a drug. And most of the citizenry did not even know it was going on. What a mess!
The US economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Thank you!
Great show!
Taxes and money printing do not have nearly identical economic effects.
Keeping usa afloat for over50 years🎉🎉🎉🎉
All the best from Edinburgh.
The inevitable vicious cycle of capitalism economy is that growth is always based upon asset value has unlimited increase by assuming pass the baton to next recipient, except the bobble is non-sustainable, and there is always a risk of last-taker shortage which will trigger the chain reaction of economic spiraling down catastrophe in any time possible, and everything reset to ground zero, yet then the cycle re-start itself again and again.
We don't have capitalism. None of the west does anymore. We have an economy based on interest, credit and debt. Our entire economy is a paper ponzi scheme . In no way does the west have capitalism. It's all banker controlled economics based on interest and credit. It automatically creates poverty among other things
Ezekiel 7:19 “‘They will throw their silver into the streets, and their gold will become abhorrent to them. Neither their silver nor their gold will be able to save them in the day of Jehovah’s fury. They will not be satisfied, nor will they fill their stomachs, for it has become a stumbling block causing their error.
lol
The Western Ship 🛳️ is sinking fast 🏊🏽
NUMBERS GO UP ALWAYS
HELLO PLEASE I KNOW NOTHING ABOUT TRADING/ INVESTING AND I'M KEEN ON GETTING STARTED . WHAT ARE SOME STRATEGIES TO GET STARTED WITH?
As a beginner, it's essential for you to have a professional to keep you accountable I'm guided by a widely known crypto consultant
The professional is Mrs Amelia Williams
This is correct, Amelia Williams strategy has normalized winning tra-des for me also and it's a huge milestone for me looking back to how it all started
And she is only on telegram with the username
@Tradeamel
Amelia is considered a key Crypto Strategist with one of the best copy Tra-ding portfolio and also very active in the crypto-currency space
Isn't that the same Amelia Williams that my neighbours are talking about, she has to be a perfect expert for people to talk about her so well
She has so much skills and strategies 🎉
This will be the last decade of American hegemony.
I’m old enough to remember when overpopulation was considered to be more of a threat than the falling birth rate, and to my mind, it still is. As far as I’m concerned, we need a falling birth rate globally because overpopulation is still a threat to human civilization and it seems that in order to achieve it, we need a form of economic growth that is based on ecological conservation and development.
This birth rate thing has nothing to do with population, it has to do with the number of incoming young people to do the work. The west is dying with the old people desperately trying to hold onto their power and wealth.
Why was Glenn Diesen banned from UA-cam ?
The channel is back now I think
He goes against the West narratives.
Obama
Glenn tells the truth, what other reason do you need?
He had an Iranian professor on his show.
Great guest Jay
Jay, the actual birth rate in China is likely to be higher, not lower than the official figure because many who broke the one child policy rule simply didnt register the birth of their second, third child.
Absolutely right. When you visit the homes of many Chinese families, suddenly you will find that the so called Only Son has a few siblings, mostly girls. When officials caught them on this, they simply pay a fine for this One Child transgression. People in the West don't know such details and the anti China media refused to highlight such details. Similar to the myth about the so called Ghost Towns/Cities. The Chinese Govt planned such buildings to be built in advance once they earmarked certain locations to be the next area to be developed. This is to avoid having housing shortage leading to slums and hovels. The Western media made a great deal out of this matter but when the assigned locations were developed and the homes filled up, the Western media refused to have follow up reporting. Always smears and negative reporting on China, never once a positive reporting. So it is not surprising that people like Jay is brainwashed in this massive propaganda. This is a propaganda war.... the US Congress just renewed its 1.5 billion budget to encourage negative reporting on China 😮
@@iwanagohome326 I think Jay makes a big deal out of China's demographics, they can lose 100 -200 million and be completely fine. They have 1.4B people !
Being the top dog by taking others down or by raising up to the occasion, that's 2 methods with very different outcomes in terms of public image.
the recent SSE move is an exact mirror image of the liquidity in the banking system. This sudden rush into stocks will without a doubt cause liquidity issues for the banks 3-6months down the road.
It’s the new hundred years of humiliation for USA 🇺🇸.
Bring out the champaign 😂
Are you not concerned about the coming population reduction?
@@ad6417 if you mean China no problems They got robots 🤖.
ABOUT TIME!!!!!!!!
With a 3 child policy now in china all i see is growth and more growth for decades to come!!
Very strong sequence of guitars recently 👏🏾
Glenn is, unlike Biden, sharp as a tack
Stock markets make new highs weekly, unemployment is low. That means the incumbent party stays in power.
You can't force people into religious practice. The major challenge is capitalism. .. concentration of wealth and power . Changing this will make it affordable to have children.
What will happen to business like ASML?
ASML is screaming blue murder as their stock plunges. So they now said to the US....'we cannot sacrifice our company to support your political interest'. Almost 50% of its business goes to China and to be forced by a foreign country like the US to stop doing business with China is incredibly stuupidd😅 Moreover, the US won't compensate ASML for its losses, because the US is too broke
Based on rough calculation the US need to fork up 100K per second just on interest repayment
The population reduction is not as critical as once thought if AI, automation, and robotics are leveraged with a strategy and goal in mind. I can say that on all those fronts, China has started to lead as they understand the power of it, not just as an economic growth engine, but as a countermeasure to population reduction.
I am ready ... lets go !!!
Beside money expansion privilege, US can also manipulate the price of commodities that she don't produce to be as low as possible even with inflated US$
"You're walking on the fighting side of me." - Merle Haggard
Declining population may not be a disaster as people think. The key question is whether a shrinking population could sustain an adequate living standard. With automation and AI, a small work force would be able to support a large society.
As Yuval Hurari said, a lot a lot of humans will become useless when AI is in full swing.
@iwanagohome326 Useless for an exploitative psychopath capitalist system maybe.
It won’t be a disaster. It will be great. Less people, more resources…. I’ve been trying hard to figure out where this depopulation problem narrative came from? What’s their agenda? Why is fear always being pushed?
@@Spiritjunkie-k5iand you think you'll be sn independent person? You'll be forced into sn social class uou cant get out of. Exactly who do you think will control AI? Best thing that could happen for the himancl race is the destruction of all technology. People can NEVER be trusted with power. Slavery is the first outcome and the last.
In a world where tomorrow's sales are worse than today the only way to make money is cuts on the biggest expense i.e people.Social security and the health system in many countries do not work with depopulation. Unless Tech advancement are being given for free society will not be rosy for a lot of people.
🙏🏽 different sides to same topic. Can’t explain this too many times.
What happens next is the price of commoditys start to gain on the dow and other financial paper/digital products. That is my personal opinion.
The long series of wars of the rupture of the imperialist order
Why did a Republic go to war against another Republic for a Monarchy that they fought against during the war of independence, so what had changed, Germany had something worth stealing, 3500 Patents and the 2nd Industrial Revolution tech that Germany was leading in and this is the 3rd Industrial revolution, SEMICONDUCTORS in Taiwan and 1.2 Trillion in modern resources in the ground in the Ukraine as well as who got payed to reconstruct Iraq after that crime against humanity.
Power should be broken up
One ring too rule them all
I moved all my investment positions to gold and oil producing dividend paying stocks. I went up 37% and most pay monthly or quarterly dividends.
Social media needs public rights of way to operate whether air rights or outside pole wire . You can't have democracy with so much power in a few hands. We end up with oligarchy ..fascism.
Tell me ? Which country is not run by the Mafia ???
Antarctica
What you guys miss is the fact that the USA has to create liquidity in the markets without increasing or decreasing the exchange rate . This is called stability
And who gave the US that role?
Countries around the world should stop exchanging their tangible goods for the soon to be worthless pieces of green paper & new technologies will allow them to trade with each other in their own currencies or with something similar to Bitcoins. This will avoid the pitfalls of using the $,€ & £ & their monopolistic financial system.
So you need religion in order to desire a family and kids? Great argument…
Nah. People who have kids need structures because you can't raise kids alone. So they go to church, little league, PTA, etc.
Things cost too much. Younger folks are not having kids they can't even afford to move out of mommy and daddy's house. And just wait we still have the second wave of inflation (which is always worse) yet to come.
Might the Chinese practice by individuals and Government Financial Organisations of buying gold be a supporting backstop to the huge Government liquidity easing Policy ?
Canada birth rates.
1960-1984. From 3.7 to 1.7. The pill, feminism, divorces, modernism, borrow and maximize consumption.
1985-2008 (GFC) Around 1.7 helped greatly by immigrants from poor countries with excess births. Not real Canadians giving births.
2008-2022. From 2.7 to 1.2. Without newly imported immigrants it's probably 0.8 children.
I recommend you read the book Freakenomics there is chapter all about birth rates very enlightening.
It’s all about natural resources most likely
I rather loose it by making it happen then prove I seen it and did nothing😂😅
Lost me with your misunderstanding of the nature of the conflict in the Middle East.
When the ETFs start to fall out
We don't need more people.
We do if you want social security, Medicare and Medicaid's to still be around 10 years from now.
@@bpb5541 I'm Chinese not American. We definitely have enough people. 😂
@@WeiShihongI apologize. I assumed you were Amreican.
Cant wait for it.why should our dollar be any different to US dollar.
The Russian deal with NOKO came after NAtO started talking about sending 800.000 troops. The NOKO soldiers are in ukraine to get battlefield experience in case NATO makes good on their plan. They are blowing up the roads to fortify a possible second front if the war escalates.
No they're not.
@@mark_2 let me guess they are there because "Ruzzia is crumbling and losing" 😂
@@patricklarsen8078 I have doubts about the entire story
@@mark_2 which one?
@@patricklarsen8078 The entire DPRK soldier are in Ukraine story. That Russia would train with DPRK is not stranger than NATO countries training together but that they are in Ukraine sounds like BS.
it is not a problem of modernity that people are not having kids. It happened before. It is economic prospects and stability way before religion. Surprizing there is yet to be developed the squeeze Index measuring just by how much plebes can be squeezed before birth rates decline. Yet here we are talking about everythinh but inequelity and empoverishment as the root cause.
Inequity is one of the stupidest ideas plebeians have ever follow.
The cause of poverty is THE FEDERAL RESERVE BANK and INTEREST CHARGING . Our economy isnt capitalist, it's the federal reserve bank economy of interest, credit and debt. Our government is fascist in cahoots with the major coporation of the world, the central bank.
🌃⭐Glenn Diesen⭐🌠
This would have happened in 2001, but something else happened...
That would be a cause for celebration.