U.S. Debt Hits Crisis Point: Can BRICS Shift Power Away from the U.S. Dollar? - Adam Button

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  • Опубліковано 26 жов 2024

КОМЕНТАРІ • 247

  • @pauline-o2q
    @pauline-o2q День тому +107

    My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in our country.

    • @CharlesT.Foster
      @CharlesT.Foster День тому

      People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.

    • @KarenJ.Mancia
      @KarenJ.Mancia День тому

      Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

    • @StephanieG.Augustus
      @StephanieG.Augustus День тому

      Could you kindly elaborate on the advisor's background and qualifications?

    • @KarenJ.Mancia
      @KarenJ.Mancia День тому

      There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Stacy Lynn Staples for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

    • @Saviourtina-c4i
      @Saviourtina-c4i День тому

      Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @SamMiller-x4f
    @SamMiller-x4f 3 дні тому +63

    The U.S.A. Debt Crisis started in 1971. Now it's the end of "The Lifecycle Of Empire"! 😢😢😢😢😢😢😢😢😢

    • @SirAlford
      @SirAlford 3 дні тому +2

      Concur!

    • @samiaint8043
      @samiaint8043 3 дні тому

      8.3 trillion of the current debt came from Trump's 4 years in office. That's 25% of the debt accrued since the beginning of the country.

    • @travisli-rufus1949
      @travisli-rufus1949 3 дні тому

      Unsure, the USA has lots of bullets hidden somewhere

    • @photopro100
      @photopro100 3 дні тому +1

      Shame

    • @jrstsb1353
      @jrstsb1353 3 дні тому +3

      August 15, 1971 to be exact.

  • @Jovenoli
    @Jovenoli День тому +63

    I respect the work you put into your videos. I find it really baffling that all the major crypto UA-camrs are only looking at pure waves and completely ignoring the broader narrative of why BTC is pumping and why the future outlook may not be as optimistic as it seems. It's kind of irresponsible to note the fact that every ETF launch so far has caused a major spike in BTC's spike. Already on shaky ground with historically low volume and near pure whale pumps, we narrowly avoided a simple bear market........ I have managed to grow a nest egg of around 210k to a decent 732k in the space of a few months... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape...

    • @AlbertBurton-c3d
      @AlbertBurton-c3d День тому

      I appreciate the professionalism and dedication of the team behind Kerrie’s trade signal service..

    • @natureland1981
      @natureland1981 День тому

      As a beginner, it's essential for you to have a mentor to keep you accountable..

    • @kristinangelova9780
      @kristinangelova9780 День тому

      Kerrie Farrell program is widely available online..

    • @LeightonCorrigan
      @LeightonCorrigan День тому

      The fact that i got to learn and earn from her program is everything to me think about it, it's a win win for both ways..

    • @jhonatanascimento364
      @jhonatanascimento364 День тому

      I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this..

  • @redmondduhina9400
    @redmondduhina9400 3 дні тому +19

    Homeless and jobless in america will continue thats for sure.A lot of country r3alized how bad was american empire.

  • @OwenFlex
    @OwenFlex 3 дні тому +18

    The growing influence of BRICS+ is remarkable, especially with over 30 countries expressing interest in joining. Their discussion on alternatives to the US dollar, like a gold-backed currency, is significant.

    • @RoseBalerus
      @RoseBalerus 3 дні тому

      Absolutely! The US dollar's dominance is being challenged. What implications do you see for global trade, considering the $6.6 trillion daily FX market?

    • @Ivan-cl9hc
      @Ivan-cl9hc 2 дні тому

      The project is not a currency, but an encrypted payment system for trade between member countries, where each central bank keeps gold as a guarantee. That picture of Putin waving a brand new BRICS-buck is obviously fake ;)

  • @jeffturner2102
    @jeffturner2102 3 дні тому +31

    Bric's goes from strength to strength! USA over $35 trillion in Debt, interest on this a year is a staggering $882 Billion unbelievable!!!!!

    • @samiaint8043
      @samiaint8043 3 дні тому

      China's debt is larger than the US. 8.3 trillion dollars of debt were added in 4 years under Trump. That's 255 of the debt accrued since the beginning of the Country.

    • @cultleader3572
      @cultleader3572 3 дні тому +3

      Its a little higher than that

    • @DontMansion
      @DontMansion 3 дні тому

      To take a debt is like brain borrows an oxigen for breathing in your body. Oxigen can't appear from nowhere - other organs give it to the brain. The same about money. Borrowed money were worked out by other countries at exact time they were printed. Think about it.

    • @ssuwandi3240
      @ssuwandi3240 3 дні тому +2

      Well China non financial corporate debts was at sheer shocked $44 TRILLION 😮😮 Good luck betting on Ponzey ✋👎

    • @eddylee3826
      @eddylee3826 3 дні тому

      @@ssuwandi3240haahaa! Loser

  • @PankajKumar-ux8zf
    @PankajKumar-ux8zf 3 дні тому +10

    BRICS countries contain approximately #45% of the world's population and account for around #37% of the world's GDP.

    • @Skyadav11213
      @Skyadav11213 День тому

      Wait for the day when India will surpass the 10 trillion economy and then it will be interesting to mention the percentage of amount shared by BRICS nation.
      Those days are not far off.

  • @Grant.0-u5g
    @Grant.0-u5g 3 дні тому +75

    There is a huge lag between when rate cuts are implemented and the effects are actually felt. Not only that, but rate cuts themselves always happen based on lagging indicators, such as unemployment (unemployment data always lags hiring data since businesses stop hiring before they start firing). This is why rate cuts have almost never successfully prevented a recession. We saw it in '08. The yield curve uninverted, the fed cut rates, the markets surged for a bit based on false hope and reality set in soon after as the bad unemployment data caught up to the bad hiring data and it was armageddon from there. Anyone feeling the impact of these economic shifts should consider Crypto long-term trading strategies to protect their assets. My advice to anyone feeling the heat in this inflation, just trade long term more than ever, I have made over 520k from day trading with Sandy Barclays in few weeks, this is one of the best medium to backup your assets incase it goes bearish..

    • @Grant.0-u5g
      @Grant.0-u5g 3 дні тому

      @SandyBarclays .

    • @demhitemhit
      @demhitemhit 3 дні тому

      If the market has taught me anything, it's that it always recovers, but I can't seem to focus on the long run, when major factors like my retirement and my reserve are wreaking havoc on inflation. I require a solid data trajectory and solution as soon as possible.

    • @amirragab-xp6im
      @amirragab-xp6im 3 дні тому

      The clarity and precision in Sandy’s market predictions are astounding. I'm so grateful to have found her reviews here on UA-cam as well.

    • @RuyVictorio
      @RuyVictorio 3 дні тому

      Sandy goes deeper than just looking at surface-level trends. she explores technical, fundamental, and sentiment analysis, offering a comprehensive perspective on the market..

    • @baucha52
      @baucha52 3 дні тому

      She's really good in studying the market and making a strategy and i am learning so much from her already.

  • @Weak_juan
    @Weak_juan 3 дні тому +7

    What worries me as a canadian is that the bank of canada owns zero gold.

    • @Ivan-cl9hc
      @Ivan-cl9hc 2 дні тому +1

      Maybe that's why the English called it the Commonwealth...

    • @licheam2007
      @licheam2007 День тому

      No need to worry, because she is not bankrupt yet

    • @prabhakar0076
      @prabhakar0076 День тому +1

      U have khalistani, no problem😂

  • @KostasKolios-fo7nd
    @KostasKolios-fo7nd 2 дні тому +139

    Thanks for the update, keep up the good work.< Learned a lot from my market journey, especially the importance of living within one's means. With Loraine Souvenir’s guidance, my nest egg has grown to a 7-figure sum. My advice - get an analyst for better financial trade decisions and peace of mind

    • @Dwight6272
      @Dwight6272 2 дні тому

      Having access to reliable information is crucial for us as investors to succeed both financially and in life. This is valuable, I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this

    • @Elaine02-n3b
      @Elaine02-n3b 2 дні тому

      Surprised to see her mentioned here! She tailors trading courses to suit beginners’ needs and really knows her stuff. Her advice has been invaluable to my trading journey-definitely worth it!

    • @Jinlee403
      @Jinlee403 2 дні тому

      Wealth building and financial freedom are attainable with the right knowledge and tools. Using proper financial strategies and products is essential to growing and sustaining long-term wealth.. glad to know you want others to succeed

    • @NormanWells-d8g
      @NormanWells-d8g 2 дні тому

      It's truly refreshing to see a comment about Loraine Souvenir. I've also had the pleasure of working with her for several months after discovering more about her online. She has a knack for simplifying complex issues, whether it's a market surge or decline. Her approach consistently keeps you ahead of the curve. I'd call her a guru, for sure

    • @vincentgudeman
      @vincentgudeman 2 дні тому

      Thank you for sharing your experience. She’s helped grow my reserve, despite inflation, from $87k to $246k as of today..Her insights and daily siignals are worth following.

  • @davematsch5318
    @davematsch5318 3 дні тому +13

    We've already lost the dollar dominance...tariffs will speed it up abit but again we've already blown it...weaponization really paid off huh?😅

    • @cotizacionesequipo1719
      @cotizacionesequipo1719 2 дні тому

      You won't catch me with a Dollar, Euro or Yen in my pocket, that's for sure.

  • @JCSY1
    @JCSY1 3 дні тому +5

    BRICS+ is now officially 9/10 permanent countries + 13 new additional partner countries (Malaysia, Algeria, Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Nigeria, Thailand, Turkey, Uganda, Uzbekistan and Vietnam). It is now even more important and influential. More and more countries will join in the near future.

  • @nizammatnor
    @nizammatnor 3 дні тому +6

    leave bully, welcome BRICS...!!!

  • @adognamedmoose
    @adognamedmoose 3 дні тому +14

    The Great Reset gonna getcha.

  • @EdersonEdwardWilliam
    @EdersonEdwardWilliam 3 дні тому +5

    Hey, I want to start investing but don't know where to begin. Any advice or contacts for help?

  • @AngelEyes-xm7el
    @AngelEyes-xm7el 3 дні тому +7

    They cut rates and gold goes up. Bigger plan we don't know about. People are spending only on necessities.

    • @billyhomeyer7414
      @billyhomeyer7414 3 дні тому +4

      and gold and silver are necessities

    • @AngelEyes-xm7el
      @AngelEyes-xm7el 3 дні тому +2

      @@billyhomeyer7414 very true

    • @AGotti-lj6on
      @AGotti-lj6on 3 дні тому +1

      Yes but there still is an idiot born everyday who will overspend so here in America is full of them

    • @AngelEyes-xm7el
      @AngelEyes-xm7el 3 дні тому

      @@AGotti-lj6on yep, i know a few.

  • @EdisonSandifer
    @EdisonSandifer 3 дні тому +1

    You're doing a fantastic job! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?

  • @Jay-be2le
    @Jay-be2le 3 дні тому +2

    The thing about Japan is it has a shrinking population and a dead housing market. Inflation doesn’t hit them very hard with low interest rates. Bring the rates to zero in the US and inflation will crush the whole country

  • @Helen-n8j
    @Helen-n8j День тому +3

    We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2025, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.

    • @Theodorebarba
      @Theodorebarba День тому +1

      Things are a bit strange right now. Inflation is making the dollar weaker for buying things like basic needs, but it's getting stronger against other stuff. So, stuff like stocks, houses and precious metals aren't doing so great because folks are putting their money into banks for safety but I'm worried about my retirement savings losing value fast.

    • @Kin-28-8
      @Kin-28-8 День тому

      If you are in cross roads or need sincere advice on the best moves to take now its best you seek an independent advisor who knows about the financial markets. It's better to hire a skilled financial planner especially if you're not one yourself. I hired one after my retirement pension took a hit in April due to the crash.

    • @Lewistonwilliams-f5i
      @Lewistonwilliams-f5i День тому

      Market behavior can be complex and unpredictable. Mind if I ask you to recommend this particular coach to whom you have used their services?

    • @Kin-28-8
      @Kin-28-8 День тому

      I've stuck with the popularly ‘’Stacy Lynn Staples” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

    • @Thompson-e7h
      @Thompson-e7h День тому +1

      thank you for putting this out, it has rekindled the fire to my goal... was able to spot Stacy after inputting her full name on the web, she seems highly professional with over a decades of experience.

  • @HenryTeo-x7k
    @HenryTeo-x7k 2 дні тому +2

    I came to know Christ in jail in 2013 by reading a book, "Overcoming spiritual blindness" by James P. Gills MD. The veil was taken off my eyes. Heaven came through for me in my finances too, getting $35,500 monthly. I can support God's work and give back to my community. God is more than enough!

    • @AlinaBarrios-g1v
      @AlinaBarrios-g1v 2 дні тому

      I'm 38 and have been looking for ways to be successful, please how??

    • @RosaVictor-n5k
      @RosaVictor-n5k 2 дні тому

      Every one of my prayer requests is about to manifest in the Name of Jesus I receive and connect with this message in Jesus' Mighty Name Amen 🔥🙏

    • @AndrewOfficial600
      @AndrewOfficial600 2 дні тому

      I have been searching for ways to achieve success. Can you please guide me on how to do so?

    • @HenryTeo-x7k
      @HenryTeo-x7k 2 дні тому

      Sure, the investment-advisor that guides me is...

    • @HenryTeo-x7k
      @HenryTeo-x7k 2 дні тому

      Sandi Krakowski

  • @andrewblack1575
    @andrewblack1575 День тому +1

    35 trillion reasons why the dollar is fucked

  • @deep_z
    @deep_z 3 дні тому +8

    Well its not surprising at all for the people who know some history. India has been the richest civilisation and region with the highest cut of world gdp for majority of the civilised era. China too has had major strong dynasties for too long. These two countries are also culturally intertwined. It makes sense that these powers wont be dormant for too long and will naturally realise their top position once again.

    • @cotizacionesequipo1719
      @cotizacionesequipo1719 2 дні тому

      Why do people always ignore Russia? and Africa? Those are 2 of the richest regions on Earth.

    • @deep_z
      @deep_z 2 дні тому +2

      @@cotizacionesequipo1719 absolutely not, they dont have advanced civilisational history at all. There was no ancient Russian civilisation. There have been only 3 ancient civilisations and the ivc or the Indian civilisation has been the most advanced yet. Leaving civilisation aside, the Indians have been the richest and most productive people for most of modern human history until recently. They’re slowly regaining that spot. 100-500 years in nothing in human history timescale.

  • @leecheelek
    @leecheelek 3 дні тому +1

    Tariffs is a form of protectionism and has always been imposed by most countries to protect their own economy, industries, trade, livelihoods, financial inbalances etc Its also use as a weapon to blunt one own's uncompetitiveness, financial weakness, mismanagement, politics, ideologies, racism, prejudices etc. And to determine whether one tariff is fair or not, isn't there the WTO and its Rules and be the adjucator? So, who is breaking the rules? Why have the WTO in the first place if they can't perform to administer for healthy trade practices, unfair tariffs etc? It clearly reflects on the Moralties of a Nation and people if Free and Fair Trade are abused by weaponizing Tariffs.

  • @AlmaMercer
    @AlmaMercer 3 дні тому +2

    And you think that's going to solve the debt problem when all we're doing citizens are doing is creating more debt which winds up at the banks said mortgage companies makes no sense to me

  • @jeffsurfanderson
    @jeffsurfanderson 2 дні тому +1

    Government spending does not mean we have a good economy. If you look at 2007 when they cut rates on September 18th just like they did this September 18th they cut by the same amount and the FEDS fun rate was at the same exact number as well the markets did the same thing as they did this year the bonds went up the market went up employment is at the same to where they came out with a bogus report sing that there was less unemployment and more job growth which we found out was a lie just like this year and the GDP was around the same everything is mirroring 2007 so you should really look at that as a guide if history is a teacher because all the numbers are almost exactly the same. So when you say that the economy was stronger than they expected when they did this 50 basis point cut they are lying to you again just like every metric they come out with with a revision

  • @mh01769
    @mh01769 3 дні тому +10

    Crash the stock and inflation is gone

  • @BobB-w4q
    @BobB-w4q 3 дні тому +2

    12:09 Deficits don't matter? They do whenever they are partially funded by Federal Reserve purchases via the expedient of money supply creation..This man seems to have fallen for"Modern Monetary Theory".....He also doesn't seem to realize that the stock market is greatly overvalued using the classic metrics.

  • @offcourse9241
    @offcourse9241 3 дні тому +2

    if the US consumer is about to stop spending how are tarrifs going to work as a negotiating tool. all you will do is import inflation.

  • @rudeawakening3833
    @rudeawakening3833 3 дні тому

    To the dude who gave the penny stock tip on BKRRF and RIOFF , I want to say thanks . These two awesome friendly jurisdictions and upwards higher highs and higher lows are great !

  • @siripornatsawathanaphaisan789
    @siripornatsawathanaphaisan789 2 дні тому +1

    This video is real useful ❤😊🎉

  • @michaeltheron6428
    @michaeltheron6428 3 дні тому +2

    Is Adam the 2 is 1 youtuber?

    • @trav_1111
      @trav_1111 2 дні тому

      I was thinking the same thing. Voice is very similar.

  • @NathanNavarrete-r5m
    @NathanNavarrete-r5m 3 дні тому +2

    If the FDIC is insolvent, what does that mean for the rest of us? (Rhetorical)

  • @monroe_337
    @monroe_337 3 дні тому +8

    The song “It’s the end of the world as we know it.” comes to mind.

    • @skyw4278
      @skyw4278 3 дні тому

      ITS THE BEGINNING of the world as we know it....only the g7 will end.

    • @Ivan-cl9hc
      @Ivan-cl9hc 2 дні тому

      @@skyw4278 The transition ain't gonna be pretty though.

    • @skyw4278
      @skyw4278 2 дні тому

      @@Ivan-cl9hc for sure, the "West" will get desperate and attack a BRICS+ member.

  • @Skyadav11213
    @Skyadav11213 День тому

    As long as the United States and the West uphold consistency and sincerity in their relations with India, abandoning double standards and hypocrisy, the dollar's stability will remain unchecked.

  • @skijay2010
    @skijay2010 3 дні тому +1

    88 percent of FX trade sounds huge until you realize it's 88 percent of 200 percent or 44 percent out of 100

  • @GTPInternational
    @GTPInternational 3 дні тому

    How is inflation of 2.4 a month under control?

  • @Asimmehra
    @Asimmehra 2 дні тому

    US has been pushing quite hard to get countries to develop an alternative to the SWIFT, necessity is the mother of invention

  • @zzebowa
    @zzebowa 3 дні тому

    As for gold, Basel 3 made it a tier 1 reserve last year. Thats a BIG reason for countries buying it. The US $ meanwhile faces huge inflation problems, because devaluing their debt by inflation is the only way out of their debt hole.

    • @petergreenwood7731
      @petergreenwood7731 3 дні тому

      USD reserve currency
      As nations deal outside the usd/swift will there be less need for them to hold the usd reserves?
      How will that effect their debt, their ability to print dollars and the power of sanctions?

    • @zzebowa
      @zzebowa День тому

      @@petergreenwood7731 It is going to reduce the appeal of govt bonds, so make it hard to keep raising debt. Devaluation of the dollar against gold is one way out. Physically printing dollars ad devaluing it is another. Either way, the dollar is losing value, a lot of value.

  • @yougoagogo4843
    @yougoagogo4843 2 дні тому

    11:39 You can't put a Top on Gold when there is No Bottom on Currency 💵 issuance 😮

  • @Kindergard
    @Kindergard 3 дні тому

    As a capital owner saving fund or tresure in form of Dollar is not save anymore, Dollar will be see as a investment instrument than for a paymen instrument.

  • @kenho-wr5ul2rh7m
    @kenho-wr5ul2rh7m 11 годин тому

    american should pay the price for QE and printing dollar, and by others globally

  • @StevenLeeMusician
    @StevenLeeMusician 3 дні тому

    Tariffs are a great idea currently...regardless of the "tariffs are bad" fear mongering being taught in govt schools for the last 50 years. It's like you'd have to ignore 50 years of American Business history and the complete loss of many industries to foreign attacks to think Tariffs would be a bad idea.
    And that's what we've had. 50 Years of ignorance and lack of education on American business history...leading to "tariffs are bad" consensus.

    • @anonymousAJ
      @anonymousAJ 3 дні тому

      We lost businesses because USA had a bunch of terrible regulations, not because we reduced tariffs
      How do I know? We lost the jobs to places which had no tariffs against us
      So why didn't we get their industry?

    • @dobrenkijbog5156
      @dobrenkijbog5156 3 дні тому

      Right. Tell that to SunPower which filed for bankruptcy due to largely, tariffs, which are paid by the consumer in the US in the end, making solar panels unaffordable.

    • @StevenLeeMusician
      @StevenLeeMusician 3 дні тому

      Man...Americans are just ignorant and not worth my time. I've been explaining this for 50 years, and they still have no clue.

    • @Ivan-cl9hc
      @Ivan-cl9hc 2 дні тому

      @@anonymousAJ DJT says the jobs will come back to the US...

  • @zzebowa
    @zzebowa 3 дні тому

    The UK sterling was the global reserve currency until about 1940, gradually weakening from then on, till today it is pretty irrelevant. But the UK does OK, the US losing no 1 spot can be handled. It doesnt mean the end of the US.

    • @cotizacionesequipo1719
      @cotizacionesequipo1719 2 дні тому +1

      You should probably ask UK citizens how "OK" they feel about their economy.

    • @Ivan-cl9hc
      @Ivan-cl9hc 2 дні тому

      My UK friends tell me otherwise. Working two jobs just to pay exorbitant mortgages.

    • @zzebowa
      @zzebowa День тому

      @@cotizacionesequipo1719 We stopped being the reserve currency after WWII, a long time ago.
      The current state of the economy is not related to that event,

    • @zzebowa
      @zzebowa День тому

      @@Ivan-cl9hc We stopped being the reserve currency after WWII, a long time ago.
      The current state of the economy is not related to that event,

    • @Ivan-cl9hc
      @Ivan-cl9hc День тому

      @zzebowa yes and the result of that, German bombings and loss of colonies was nearly 10 years of rationed food.

  • @fishsizzle83
    @fishsizzle83 3 дні тому

    Dollar is being allowed to be devalued! All them countries want the same thing for the top, power.

  • @dobrenkijbog5156
    @dobrenkijbog5156 3 дні тому +1

    People. Look at the amount of DEBT nominated in USD in the world. This debt must be repayed in USD. The demand drives USD so before talking about USD collapse think about this gigantic figure

    • @cotizacionesequipo1719
      @cotizacionesequipo1719 2 дні тому

      Who on Earth would want to have USD as the paper it's printed on is worth more than the Dollar itself? The more the US Government prints more money the more the USD devalues, so much so that it must be in negative numbers by now, people should be paid for having UDS's, I mean, why risk holding on to debt that's never going to be repaid?

    • @dobrenkijbog5156
      @dobrenkijbog5156 2 дні тому

      @@cotizacionesequipo1719 do you know how they so called "print" money? Who's doing it? How? Figure out the subject first.

  • @picandvideo
    @picandvideo 3 дні тому +1

    The empire can always create new currency. A perfect time to erase all the debts. 👏👏👏

    • @cotizacionesequipo1719
      @cotizacionesequipo1719 2 дні тому +1

      Really?...If "the empire" can print money, why does it need to borrow it or tax people?

    • @prabhakar0076
      @prabhakar0076 День тому

      Empire ur yass, try to order India, U get a stick in ur back 😂😂😂

  • @AliKhan-gg9qm
    @AliKhan-gg9qm 2 дні тому

    As long as US has the most powerful military in the world, debt or deficit doesn’t matter, just numbers, simple as that !
    China & Russia can build these so called BRICS, the truth of the matter is even members of BRICS still prefer to do business with US dollar.
    USA ! USA ! USA !

    • @Sx1991JAN
      @Sx1991JAN 2 дні тому

      😂😂😂

    • @Ivan-cl9hc
      @Ivan-cl9hc 2 дні тому

      Er... no, they do not actually. 🤪

  • @TCGOMNI
    @TCGOMNI 3 дні тому +2

    These guys are NOT up to speed, lol.

    • @skyw4278
      @skyw4278 3 дні тому

      Can't trust WESTERN financial analysts...they have no clue about the OUTSIDE world.

  • @prabhakar0076
    @prabhakar0076 День тому

    Dollar reserves r less than 50 PERCENT

  • @class1188
    @class1188 3 дні тому

    Deficits DONT MATTER? NO ONE IS SPENDING EXCEPT $$$$$$$ PRINTING PRESS? TAX INCREASES? GREAT ADVICE 👍 SMH

  • @josephlicul
    @josephlicul 3 дні тому

    It is not 88 percent but 60 percent

  • @xrpvegas5407
    @xrpvegas5407 2 дні тому

    Silver Baby Silver ❤

  • @zzebowa
    @zzebowa 3 дні тому

    Debt fueled growth is illusory. This guest really is trying to paper over the cracks

    • @Ivan-cl9hc
      @Ivan-cl9hc 2 дні тому +1

      Much like socialism, debt based economy works great until it runs out of non-existant money.

  • @Annapurna818
    @Annapurna818 День тому

    No

  • @Agatha.wayne0
    @Agatha.wayne0 3 дні тому

    The US economy cannot survive without continuous credit and debt creation. The FED will print more money and the average American will go just that much further in debt. Meanwhile, foreigners lust for the greenback. Their economies are in worse condition than the US... if that's even possible. Someone is going to be left holding the bag...

    • @MemoryKasu
      @MemoryKasu 3 дні тому

      This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over a million dollars.

    • @RicardaWindsheimer
      @RicardaWindsheimer 3 дні тому

      It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

    • @mthreezo
      @mthreezo 3 дні тому

      impressive gains! how can I get your advisor please, if you don’t mind me asking? I could really use a help as of now

    • @RicardaWindsheimer
      @RicardaWindsheimer 3 дні тому

      Stacy Lynn Staples . Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

    • @GersderaNioer
      @GersderaNioer 3 дні тому

      Thanks a lot for this recommendation. I just looked her up, and I have sent her an email. I hope she gets back to me soon

  • @reliableglassblockkawa6597
    @reliableglassblockkawa6597 3 дні тому +1

    Boring

  • @ralphchurch7
    @ralphchurch7 3 дні тому +1

    Who is this kid

  • @andrew73199
    @andrew73199 3 дні тому +1

    Boom

  • @AGotti-lj6on
    @AGotti-lj6on 3 дні тому +5

    Yawn yawn yawn same old different day 10K an ounce at least

    • @goldringhunter2431
      @goldringhunter2431 3 дні тому +5

      you said it all...revalue gold before it's too late, and soon the dollar will not be traded.

    • @canadianstacker
      @canadianstacker 3 дні тому +2

      ...maybe! It doesn't hurt to keep stacking another ounce here & there!

    • @DCRelaxingrainsoundsleep54
      @DCRelaxingrainsoundsleep54 3 дні тому

      america not pay back it 34 trillion debit so world should be careful. so de dollarisation is must for world. world not give any loan to america. first take all loan because america spend unnecessary money in war like ukraine and israel. america give unlimited money to ukrain and israel and america take loan from world. america not pay back any loan to world because america take 34 trillion dollar from world

  • @tonylopetrone9828
    @tonylopetrone9828 3 дні тому

    Gold will double in the coming years.

  • @GTPInternational
    @GTPInternational 3 дні тому

    35.8 trillion

  • @GTPInternational
    @GTPInternational 3 дні тому

    The dollar is dying

  • @rogerdorsey7823
    @rogerdorsey7823 2 дні тому

    NOT WITH TRUMP ON BOARD WHERE CUTS TO THE POOR FAVOR BILLIONAIRES😊

  • @QuantumBoyMacau
    @QuantumBoyMacau 2 дні тому

    Nobody wants USD now

  • @AmaliSaid-xz1dr
    @AmaliSaid-xz1dr День тому

    Hello, USA is doing good, $ seems to be strong, too much mind gussing and prrdictions, Kamale is better for USA or it might have civil war, so try for a better USA hate is high amoung sociaty and community, good luck to live together.
    Amali
    Australian

  • @philmelb1022
    @philmelb1022 3 дні тому

    Nope

  • @skyw4278
    @skyw4278 3 дні тому

    KEEP MAKING EXCUSES for your leaders POOR choices!!!

  • @AmaliSaid-xz1dr
    @AmaliSaid-xz1dr 2 дні тому

    $ is strong, they talk a lot of finance Rubbish.

    • @Ivan-cl9hc
      @Ivan-cl9hc 2 дні тому

      Strong against other paper currencies which mean even less than the dollar, but that's it.

  • @skyw4278
    @skyw4278 3 дні тому

    Conspiracist were right again!!!

  • @class1188
    @class1188 3 дні тому

    Smh

  • @imconfused1237
    @imconfused1237 2 дні тому

    The answer is yes. It can absolutely withstand BRICS. Why? Because the US has the most sophisticated military regime on the planet. And it is that regime which the US utilises and exercises in order to defend its power and position. Breaking away isn’t some new threat and the US has always taken military action to suppress it. Is that fair? Absolutely not, but this is the world we live in and the matter of fairness matters little when the stakes are in the Trillions.

    • @cotizacionesequipo1719
      @cotizacionesequipo1719 2 дні тому

      The US military and NATO are a joke, and everybody can see that in Ukraine, or Vietnam, or Irak or Afghanistan, or Syria, or Libya or all the other God forsaken places they've tried to invade.

    • @Ivan-cl9hc
      @Ivan-cl9hc 2 дні тому +2

      Hum... you do realise that: 1) the BRICS+ payment system is specifically designed to avoid any form of economic bullying, 2) Vietnam war brought the US dangerously close to bankruptcy which is why Nixon ended the Bretton-Woods system, enabling endless money printing which is the only reason why the US has started so many wars since 1974, 3) how many wars have the US won since 1945, and how do you think it will be able to fight future wars if the world does go back to the gold-standard which naturally prevents overprinting/overspending?

    • @motherlandbot6837
      @motherlandbot6837 День тому +1

      ​@@Ivan-cl9hcThank you. His username suits him very well. Where do all these economics illiterates come from? They think the global economy runs like a video war game.

    • @Ivan-cl9hc
      @Ivan-cl9hc 10 годин тому +1

      @motherlandbot6837 video war game indeed, well stated

  • @andrewblack1575
    @andrewblack1575 День тому

    Full of shit

  • @samiaint8043
    @samiaint8043 3 дні тому +3

    China's stock market is down 80%, Russia is a war economy which is not a sustainable economy. India's economy is not doing that well. The US economy is the strongest in the world.

    • @travisli-rufus1949
      @travisli-rufus1949 3 дні тому

      USA Market is so strong, no one can push it down

    • @jrstsb1353
      @jrstsb1353 3 дні тому +1

      Short term gains for long-term pains, great model, terrific..

    • @DontMansion
      @DontMansion 3 дні тому

      US economy is the strongest in the world only because other world works out US debt at exact time it appears. It is nothing to proud of loafers.

    • @DontMansion
      @DontMansion 3 дні тому +4

      I'm Russian and I can notice our native economy started to rise because of sanctions. I can allaw to buy buy overpriced RTX 4090 for $2900, intel i7-12700kf, to set braces for $2000 which I couldn't 2 years ago. And I have an extra money left. And everything in cash, not useing credit card.

    • @deep_z
      @deep_z 3 дні тому +2

      Quite the opposite really. The Indian market is best posed for growth and security than any other country right now.

  • @harryviking6347
    @harryviking6347 3 дні тому

    Of course these countries can deal with each other in other currencies than dollar. All countries should be able to deal with each other in what currencies they want!

    • @Ivan-cl9hc
      @Ivan-cl9hc 2 дні тому

      Thing is, Russia now has too many yuans and China has too many roubles. Gold-backed crypto system is a means to prevent this issue.

  • @captain7767
    @captain7767 3 дні тому +2

    That guy is a dope

    • @skyw4278
      @skyw4278 3 дні тому

      they only put on the clueless to lead the clueless LOL. the blind leading the blind.