Will The U.S. Dollar Collapse As a Reserve Currency? - History of World Currency Explained

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  • Опубліковано 8 вер 2024
  • Do you think the U.S. dollar will collapse? Social media and geopolitical developments fuel the future of the U.S. dollar as the world's currency. Will it remain dominant, or will it be replaced? Only time will tell. In this video, Patrick Bet-David predicts the future of the U.S. dollar. Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks:www.masterwork...
    Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more. See important Masterworks disclosures: www.masterwork...
    FaceTime or Ask Patrick any questions on minnect.com/
    Recommended video:
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    To reach the Valuetainment team, you can email: info@valuetainment.com
    #usdollar #reservecurrency #worldcurrency

КОМЕНТАРІ • 2,1 тис.

  • @VALUETAINMENT
    @VALUETAINMENT  Рік тому +34

    Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: www.masterworks.art/valuetainment
    Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more.
    See important Masterworks disclosures: www.masterworks.com/cd

    • @wisekiller9904
      @wisekiller9904 Рік тому +2

      یه برنامه جدید در مورد ایران بزار

    • @michaelnguyen3201
      @michaelnguyen3201 Рік тому +5

      Really? Pbd? Stick to pod cast and don’t be a paid shill…this is where you will start losing viewers

    • @destroyerarmor2846
      @destroyerarmor2846 Рік тому +2

      ​@@michaelnguyen3201 he's a shill

    • @mitjazelenc7526
      @mitjazelenc7526 Рік тому

      Masterworks and other companys auctions dealing with Art is only for laudering money and manipulate with prices of art. No piese of paper in wooden frame is worth 100mil its just bullshit... BTW promoting moneylaundering and scamers is not good for the chanel PBD. Buy a corner of the fram of mona lisa ? isnt it better to buy BTC or go buy Gold at your local goldstore ?

    • @vjbhatia77
      @vjbhatia77 Рік тому

      So by your logic, anyone wanting to make a profit from their work by having sponsors are a shill?

  • @tonysilke
    @tonysilke 2 місяці тому +1022

    A weak dollar can signal an economic downturn, The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.

    • @PatrickLloyd-
      @PatrickLloyd- 2 місяці 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.

    • @PhilipDunk
      @PhilipDunk 2 місяці 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.

    • @JefferyDuns
      @JefferyDuns 2 місяці тому

      I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!

    • @PhilipDunk
      @PhilipDunk 2 місяці тому

      I'm being aided by an advisor, i don’t have any special strategy. Amber Dawn Brummit 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.

    • @JefferyDuns
      @JefferyDuns 2 місяці тому

      I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.

  • @Patriciabanks5
    @Patriciabanks5 3 місяці тому +1206

    Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?

    • @Johnlarry12
      @Johnlarry12 3 місяці тому +3

      Personally, I would say have a mentor. Not sure where you will get an experience one, but if your knowledge of the market is limited, it seems like a good bet.

    • @emiliabucks33
      @emiliabucks33 3 місяці тому +3

      I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one

    • @carolpaige2
      @carolpaige2 3 місяці тому +3

      That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?

    • @emiliabucks33
      @emiliabucks33 3 місяці тому +3

      Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

    • @carolpaige2
      @carolpaige2 3 місяці тому +2

      I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes.Thanks

  • @lawerencemiller9720
    @lawerencemiller9720 6 місяців тому +1434

    Our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.

    • @alexyoung3126
      @alexyoung3126 6 місяців тому +3

      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.

    • @johnlennon232
      @johnlennon232 6 місяців тому +1

      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.

    • @jessicamoore3093
      @jessicamoore3093 6 місяців тому +1

      How can i get started when it comes to investing and passive income?

    • @johnlennon232
      @johnlennon232 6 місяців тому +3

      Melissa Maureen Ward, you can read up on her, she's quite known and her works speaks for itself.

    • @jessicamoore3093
      @jessicamoore3093 6 місяців тому +1

      Thank you so much! I found her webpage and left a message. Hopefully, she responds

  • @HodgeChris
    @HodgeChris 4 місяці тому +990

    Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.

    • @carssimplified2195
      @carssimplified2195 4 місяці тому +2

      Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money or you could hire a financial expert.

    • @foden700
      @foden700 4 місяці тому +1

      Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2020, and I return at least $30k ROI, and this does not include capital gain.

    • @brucemichelle5689.
      @brucemichelle5689. 4 місяці тому +1

      Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.

    • @foden700
      @foden700 4 місяці тому

      I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, ‘COLLEEN ROSE MCCAFFERY’’ turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.

    • @brucemichelle5689.
      @brucemichelle5689. 4 місяці тому +1

      Thanks, I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get.

  • @GillerHeston
    @GillerHeston Рік тому +746

    For the first time in decades, the United States is losing its clout as a federal reserve currency. They don't have any more economies to use to control inflation, and less money is being spent on stock and oil trading than in the past. They all lend support to the idea that a new multilateral world order is in the works.. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stock portfolio.

    • @rogerwheelers4322
      @rogerwheelers4322 Рік тому +2

      Find stocks with market-beating yields and shares that at least keep pace with the market for a long term. For a successful long-term strategy I recommend you seek the guidance an expert with ISDA Agreement. An agreement that lets investors sit at the “big boy table” and make high level trades not available to amateurs. Trying to be a high stakes trader without an ISDA is like trying to win the Indy 500 riding a llama.

    • @joshbarney114
      @joshbarney114 Рік тому +1

      I'm sure the idea of an invstment-Adviser might sound controversial to a few, but a new study by Motley-fool found out that demand for Financial-Advisers sky-rocketed by over 42% since the pandemic and based on firsthand encounter I can say for certain their skillsets are topnotch. I've accrued north of 580k within 16-months from an initially stagnant Portfolio.

    • @eloign7147
      @eloign7147 Рік тому +2

      @@joshbarney114 I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

    • @joshbarney114
      @joshbarney114 Рік тому +2

      @@eloign7147 I definitely share your sentiment about these firms. When I was starting out, I checked out a couple of freelance investors online, so you could do the same. I personally work with “Colleen Janie Towe”, and she's is widely recognized for her proficiency and expertise in the financial market. With a comprehensive knowledge of portfolio diversification, she is acknowledged as an authority in this field.

    • @eloign7147
      @eloign7147 Рік тому +1

      @@joshbarney114 Thank you, I just looked her up on the internet and found her webpage and also looked into her credentials. which seems really proficient. I wrote her a mail outlining my financial objectives and planned a call with her.

  • @Raymondjohn2
    @Raymondjohn2 Рік тому +1239

    You cannot cut your way out of recession you've got to invest your way out of recession, the Conservative party are in the dark ages on policy they've got to think again. My primary concern is how to maximize my savings/retirement fund of about £170k which has been sitting duck since forever with zero to no gains.

    • @bob.weaver72
      @bob.weaver72 Рік тому +3

      A strategy to protect against inflation is through the U.S stock market, especially the S&P500 & various ETFs. Investors must know where to put their money and how to distribute it in order to protect it against inflation while still making a profit, especially during a recession.

    • @lipglosskitten2610
      @lipglosskitten2610 Рік тому +2

      The truth is that people are finally waking up to the fact that our systems are breaking down in thousands of different ways all around us. Personally, the financial market seems like the only way to go with my long-term horizon (accumulated about £557,000 in earnings since May 2021), but if you don't have that time luck, it's a tough market out there down almost nowhere feels safe!

    • @hermanramos7092
      @hermanramos7092 Рік тому +2

      @@lipglosskitten2610 How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings?

    • @lipglosskitten2610
      @lipglosskitten2610 Рік тому +2

      @@hermanramos7092 Yes, a Fidelity financial advisor named "Catherine Morrison Evans" put an end to my fears about investing, and after making more investments, I was able to reach the high six-figure mark in less than 3 years. A licensing advisor satisfies the necessary security criteria; hence, reimbursement is guaranteed if I'm dissatisfied with the service, so I'm much better off hiring one.

    • @hermanramos7092
      @hermanramos7092 Рік тому +1

      @@lipglosskitten2610 I just copied and pasted her full name on my browser, super impressed with what I've seen so far. thanks for sharing!

  • @AntonioBianh
    @AntonioBianh Рік тому +3120

    This recession is most likely the result of an external factor. For the first time in decades, the United States is losing its clout as a federal reserve currency. They don't have any more economies to use to control inflation, and less money is being spent on stock and oil trading than in the past. They all lend support to the idea that a new multilateral world order is in the works.

    • @cythiahan8455
      @cythiahan8455 Рік тому +3

      Professionals are currently crushing it because they have both the necessary approach to profit in this market as well as access to insider market knowledge that is not made public. With the assistance of an investment advisor, I was able to diversify my $401k portfolio across multiple markets, earning over $980k in net profit from high dividend yielding stocks, ETFs, and bonds in just a few short months.

    • @MarkFreeman-xi3rk
      @MarkFreeman-xi3rk Рік тому +2

      Since the outbreak of 2020, which significantly affected the market, I've been consulting an investment coach before making any investment decisions because their entire philosophy is built around employing a high-profit orientated plan while simultaneously trading long and short, as well as decreasing risk exposure as a hedge against inevitable downtrends. When coupled with their access to odd data and analysis, underperformance is virtually impossible.

    • @JenniferDrawbridge
      @JenniferDrawbridge Рік тому +2

      @@MarkFreeman-xi3rk Would you mind suggesting a professional with a range of financial possibilities? This is highly unusual, so please respond as soon as possible.

    • @MarkFreeman-xi3rk
      @MarkFreeman-xi3rk Рік тому +2

      @@JenniferDrawbridge Margaret Johnson Arndt , my financial advisor, is widely recognized for her proficiency and expertise in the financial market. With a comprehensive knowledge of portfolio diversification, she is acknowledged as an authority in this field.

    • @EmmanuelCage-xd7bt
      @EmmanuelCage-xd7bt Рік тому +2

      Thanks, I just googled her and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.

  • @johnlennon232
    @johnlennon232 6 місяців тому +816

    In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.

    • @alexyoung3126
      @alexyoung3126 6 місяців тому +3

      If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.

    • @austingraff1881
      @austingraff1881 6 місяців тому +1

      A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

    • @jessicamoore3093
      @jessicamoore3093 6 місяців тому +2

      How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

    • @austingraff1881
      @austingraff1881 6 місяців тому +4

      Lisa Angelique Abel 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.

    • @jessicamoore3093
      @jessicamoore3093 6 місяців тому +2

      I looked up her full name online and found her page. I emailed and made an appointment to talk with her; hopefully, she gets back to me.

  • @carlosfrancisco6627
    @carlosfrancisco6627 Рік тому +2205

    Thank you for this wonderful video! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong?

    • @cooperangel1481
      @cooperangel1481 Рік тому

      Same here, My portfolio has been going down the drain while I try trading,l just don't know what I do wrong

    • @DaniellaCarla7
      @DaniellaCarla7 Рік тому

      Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade

    • @StellaSteve-ik4sw
      @StellaSteve-ik4sw Рік тому

      I strongly advise you against self trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert, Mrs Janet

    • @HugoArthur-qx7ni
      @HugoArthur-qx7ni Рік тому +1

      Wow I'm just shock you mentioned and recommended Expert Mrs Janet,I thought I'm the only trading with her

    • @wyattmaya7426
      @wyattmaya7426 Рік тому

      YOU DON'T NEED TO BE SHOCK BECAUSE I'M ALSO A HUGE BENEFICIARY OF expert MRS JANET

  • @derrickholfman2
    @derrickholfman2 9 місяців тому +954

    A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k

    • @Dantursi1
      @Dantursi1 9 місяців тому +4

      The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.

    • @Quasoncaviness2
      @Quasoncaviness2 9 місяців тому +4

      I agree, having a portfolio-advisor for investing is genius! Not long ago amidst the pandemic crash in March 2020, I was really having investing nightmare prior touching base with a license portfolio-advisor. In a nutshell, i've accrued over $550k with the help of my advisor from an initial $120k investment thus far.

    • @jonash330
      @jonash330 9 місяців тому +3

      @@Quasoncaviness2 I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you?

    • @Quasoncaviness2
      @Quasoncaviness2 9 місяців тому +3

      I personally work with “Vivian Carol Gioia” she covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.

    • @jonash330
      @jonash330 9 місяців тому +1

      Thank you for this amazing tip. I verified her and booked a call session with her. She seems Proficient.

  • @PhilipMurray251
    @PhilipMurray251 Рік тому +1984

    I blame the FEDs for this, because in the end they benefit by either buying off the failed banks cheaper or something. The fed can print credit as long as someone will borrow it into existence, but they cannot print product (or production).

    • @Robertgriffinne
      @Robertgriffinne Рік тому +2

      Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. this year will be a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned $180,000 savings to turn to dust

    • @smithlenn
      @smithlenn Рік тому +2

      Ironically, these are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The banks are in a big crisis. The market looks very shaky. The bigger the red candles, the bigger the green ones. I have made over $280k in the last 4 months by investing through my FA.

    • @Robertgriffinne
      @Robertgriffinne Рік тому +1

      Wow. I've heard similar success story from people who work with advisors. How do I get in touch with yours, please?

    • @smithlenn
      @smithlenn Рік тому +6

      There are many you could potentially find online. I personally work with Deborah Jean Dykstra , and she's been spectacular. But there are also many others you could check out yourself.

    • @Robertgriffinne
      @Robertgriffinne Рік тому +2

      I took a look at your advisor and she looks quite the part, I have always thought advisors overrated but taking a look at yours she gives off some confidence, might as well see what advice she has for me.

  • @Greggsberdard
    @Greggsberdard 10 місяців тому +375

    Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation.

    • @crystalcassandra5597
      @crystalcassandra5597 10 місяців тому +3

      Consider investing in stocks especially during a recession . While recessions can be tough, they can also offer good chances to buy low and sell high in the markets if you're cautious. Remember, this is not financial advice, but it's a good time to think about buying stocks since having cash on hand isn't always the best option.

    • @grego6278
      @grego6278 10 місяців тому +3

      Mind if I ask you to recommend this particular coach you using their service?

    • @Unknown5625
      @Unknown5625 9 місяців тому

      This thread is a scam. For anyone reading

    • @1611joshua
      @1611joshua 7 місяців тому +1

      I was worried to, until I transferred it into a stable fund. Fyi, all retirement fund managers should provide them. They probably don’t disclose it because of low commission fees.
      But safe 1-3% gains the past two years while my counterparts suffered double digits losses. It will now take them 7 yrs to break even.

    • @UnexpectedWonder
      @UnexpectedWonder 7 місяців тому

      Yeah, I'm concerned about Survival. This is the vast difference between our Generations, sir.

  • @BrainKeener
    @BrainKeener Рік тому +1705

    BRICS seeks to create a new currency, considering gold's historical role as a store of value and medium of exchange. However, the functionality and acceptance of a gold-backed currency in the current global financial system are uncertain. Creating a new currency requires careful consideration of economic, political, and logistical factors.

    • @berkrix4312
      @berkrix4312 Рік тому +3

      The discussions and proposals surrounding BRICS nations' potential use of gold are intriguing. People choose to buy gold for various reasons, such as its historical role as a store of value and medium of exchange, its potential as a hedge against inflation or currency devaluation, and its relative scarcity compared to other commodities. Gold also offers diversification benefits to investment portfolios due to its low correlation with stocks and bonds. However, investing in gold carries risks and may not be suitable for everyone. Investors should carefully evaluate their objectives, risk tolerance, and financial situation before deciding.

    • @duane_29
      @duane_29 Рік тому +2

      I find gold investment reliable and aim to buy more to recover losses. Silver is also a good investment but differs from my collectibles. Clear investment goals and education are crucial. I work with Christine Jane Mclean, a SEC-regulated financial consultant. Starting with modest investments, I accumulated nearly $799k over time.

    • @HarrietBemish
      @HarrietBemish Рік тому +2

      @@duane_29 How can i reach her, because I’m seeking for a more effective investment approach on my saving.

    • @duane_29
      @duane_29 Рік тому +1

      @@HarrietBemish Christine Jane Mclean maintains an online presence that can be easily found through a simple search of her name on the internet.

    • @HarrietBemish
      @HarrietBemish Рік тому +1

      @@duane_29 After locating her, I composed an email and arranged a phone conversation. I'm optimistic that she will reply, and my goal is to conclude 2023 on a financially successful note.

  • @jessicamoore3093
    @jessicamoore3093 Рік тому +557

    Times are weird. The US dollar is losing purchasing power due to inflation while strengthening against other currencies and assets. The stock market, real estate, crypto AND precious metals are down because people are fleeing to the "safety" of the dollar. where else can we put our investment money? I can't afford to see my savings of around $320,000 turn to dust in front of my eyes.

    • @alexyoung3126
      @alexyoung3126 Рік тому +2

      Personally, I would say have a mentor. Not sure where you will get an experience one, but if your knowledge of the market is limited, it seems like a good bet.

    • @joesphcu8975
      @joesphcu8975 Рік тому +2

      I agree. Having an investment advisor is the best way to go. Based on a direct encounter with a CFP named Helene Claire Johnson, I can say with certainty that their skills are excellent. She helped raise over $580,000 in 18 months from an initially stagnant portfolio of $150,000.

    • @lawerencemiller9720
      @lawerencemiller9720 Рік тому +1

      Sure, Fiduciary CFP are outperforming the market and generating good returns, but some charge a lot, as their services are currently in greater demand than ever.

    • @joesphcu8975
      @joesphcu8975 Рік тому +1

      Yes, they can have a positive impact on an individual's portfolio. helene’s strategy is transparent allowing full ownership of my tråding account and the fees are very reasonable compared to my return on investment

    • @lawerencemiller9720
      @lawerencemiller9720 Рік тому

      Out of curiosity, I searched for helene using her full name and she seems pretty tight and outstanding. I read her curriculum vitae, her school career. She is a fiduciary who will act in my best interest. So I booked a session with her on her contact webpage and hope she responds soon

  • @IrenaDolinsek
    @IrenaDolinsek Рік тому +292

    A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!

    • @LarsBergstrom-uh2eu
      @LarsBergstrom-uh2eu Рік тому +1

      You’re right! The current market might give opportunities to maximize profit, but in order to execute such effective transactions, you must be a skilled practitioner.

    • @AstaKristjan
      @AstaKristjan Рік тому +3

      @@LarsBergstrom-uh2eu On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my personal portfolio of approximately $750k took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect and profit from my portfolio this red season. I’ve made over $150k since then.

    • @simonbad
      @simonbad Рік тому +1

      @@AstaKristjan Please, who is the advisor that assists you with your investments?

    • @AstaKristjan
      @AstaKristjan Рік тому +6

      @@simonbad The adviser I use is actually quite known, you might have heard of her, Kathleen Yanelli Carole, she's been featured on several platforms including CNBC and Bloomberg, you can search her name.

    • @simonbad
      @simonbad Рік тому +1

      @@AstaKristjan Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

  • @virginiasnell2354
    @virginiasnell2354 Рік тому +103

    Whlie the Dollar collaspe, China and Russia are storing Gold and other precious metals..
    Analysts believe China will continue to increase its Gold reserves as it competes with the US Dollar as a world reserve currency.
    Glen cameron henry is an approved dealer search him online

    • @SandraWilliams-br8fg
      @SandraWilliams-br8fg Рік тому

      You are right many people have little or no knowledge about diversifying their portfolio by investing in the precious metals markets. As the Dollar fall, the value of Gold still stands.

  • @charleskaren3948
    @charleskaren3948 Рік тому +70

    If you wanna be successful, you must take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.

    • @louisfrancois1683
      @louisfrancois1683 Рік тому

      It's amazing how people are trading without fear of making losses, while so many people out there are patiently waiting for Bitcoin price to skyrocket...😂

    • @guillaumeclement2363
      @guillaumeclement2363 Рік тому

      ​@laurennicolas7489the market is profiting if you are using a good broker or account manager to help out with trades or provide signals

    • @nicolasadrien5100
      @nicolasadrien5100 Рік тому +1

      ​@@louisfrancois1683 Job will pay your bills, business will make you rich but investment makes and keep you wealthy 🇨🇦

    • @simonfrederic2762
      @simonfrederic2762 Рік тому

      ​@Olivia Camila I agree with you. I'm not here to converse for her but to testify just for what I'm sure of, she's trust worthy and best option ever seen..

    • @ralhpculman
      @ralhpculman Рік тому

      ​@Lauren Nicolas She's awesome she has managed my investment so well and my weekly returns are mind blowing.

  • @andresdeks
    @andresdeks Рік тому +117

    If the US becomes cocky and complacent? Sorry, the US has been that a long time already😮
    It will not happen over night, but it has started awhile ago and is looming on the skyline

    • @Acidfox86
      @Acidfox86 Рік тому +3

      There is one of you around every corner. Do I assume that the dollar will be there forever? No, Do I assume the world would randomly change? No-- There is no other tested currency that has been through what the dollar has already gone through... And you will be hard pressed to find people that would risk their whole economies on a non tested currency.

    • @WORLDPEACE2628
      @WORLDPEACE2628 Рік тому

      Everyday there's 30K people trying to enter the U.S.A to become Americans! Do you think the U.S is going downhill????

    • @ChrisFoxWrites
      @ChrisFoxWrites Рік тому

      @@Acidfox86 There is a demand for a new global currency, but none exists. That's a fact. Especially after Russia was kicked out of SWIFT other nations started taking action. Would you trust your economy to a nation that could turn it off if they didn't like your politics?
      Yes, it's true there's no stable alternative. Yet. Everyone from the WEF to China to the US is trying to create online digital currencies. One will win out, and it's likely to be something other than the USD. This won't happen instantly, but it's increasingly likely. A drop from 65% to 60% of the world reserve might not appear to be a lot, but that's substantial and would be much higher if there were any alternative.

    • @huejanus5505
      @huejanus5505 Рік тому +14

      @@Acidfox86 That’s not true. Brazil, Russia, China, India are ready and trying to change the world currency. What would happen if the middle east started accepting other currencies for oil?

    • @tayclift5322
      @tayclift5322 Рік тому +10

      ​@@huejanus5505 they already are.

  • @KellyWatson-eb7bw
    @KellyWatson-eb7bw 10 місяців тому +18

    l appreciate the knowledge you've provided. But this administration has putting so many families into difficult situations, I pray for our country, we need compassion for the American my country.

    • @YoungEddy-dn6vg
      @YoungEddy-dn6vg 10 місяців тому

      Most family are struggling to survive. meeting Mrs Michelle Barnett has brought me great success. Even with the economy situation I'm still sure of my $ 15,000 weekly

    • @SharonHenry-eu4lx
      @SharonHenry-eu4lx 10 місяців тому

      That woman is really amazing I still can't believe someone can be this exceptional when it comes to trading crypto.

    • @LaunaHallas-hc5ww
      @LaunaHallas-hc5ww 10 місяців тому

      Are you talking about *Mrs Michelle Barnett

    • @sunshineJohn-fl5uu
      @sunshineJohn-fl5uu 10 місяців тому

      Exactly! almost everyone working with Mrs Michelle Barnett this period.

    • @Patrickmimi-it3uw
      @Patrickmimi-it3uw 10 місяців тому

      How can I reach Michelle Barnett, does she have a telegram page??

  • @Alexb_1775
    @Alexb_1775 Рік тому +164

    For months I’ve been more and more finding myself choosing you over Rogan to spend my time listening to. Right now you are my favorite podcaster. I believe it’s because of the times. Right now I am choosing to spend my thought processing time on thinking about finances and getting my family where I want it to be financially. For this you are the man.

    • @lisamoser5721
      @lisamoser5721 Рік тому +3

      @Brian Thorp8
      Well said fam!!! my life is totally changed because I've been earning $15,250 returns from my $4,000 investment with Georgette Laura

    • @JamesSmith-ni4of
      @JamesSmith-ni4of Рік тому +1

      Same here, i will praise ma’m Georgette over and over again because he has great skills, i started with $2000 and after 2week i received a returns of $6,000 then i continue with her ever since she has been delivering.

    • @fnlillyshiben194
      @fnlillyshiben194 Рік тому +1

      I traded with her, The profit are secured and over a 100% return on investment directly sent to your wallet.

    • @fnlillyshiben194
      @fnlillyshiben194 Рік тому

      @Ugo Ukachi
      After watching so many UA-cam tutorial videos about trading was still making losses untill Ma’m Laura started managing my investment now, I make $6,800 weekly. God bless Mrs Laura . She’s been a blessing to my family.

    • @David-vl7cu
      @David-vl7cu Рік тому

      @Chance Home world
      Yes, Georgette is the best. She is the only one I can leave my investment with and think less about it, he is my money maker. I just received $13,000 of my investment last month. I am very happy because he is leading me to financial freedom.

  • @AlexanderTurke
    @AlexanderTurke Рік тому +162

    The fin-Market has underperformed the US economy as fear of inflation hammers the prices of stock;s and bonds. My portfoliio of $250k is down to $192k any recommendation;s to scale up my return;s during this crash will be highly appreciated.

    • @ArthurLedgeeer
      @ArthurLedgeeer Рік тому +1

      It's precisely at times like these that investors need to be on guard against the next certainty. You don't have to act on every forecast, so i will suggest you get yourself a financial-advisor.

    • @JaykeTurner
      @JaykeTurner Рік тому +1

      I agree, having a brokerage advisor for inveesting is genius! Not long ago amidst the pandemic crash in March 2020, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accumulated over $550k with the help of my advisor from an initial $120k investment thus far.

    • @AngelsEyes-ny1pc
      @AngelsEyes-ny1pc Рік тому +1

      @@JaykeTurner that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who's the person guiding you.

    • @JaykeTurner
      @JaykeTurner Рік тому +1

      @@AngelsEyes-ny1pc My advisor is Heather Ann Christensen, you can easily look her up, she has years of financiaI market experience.

    • @AngelsEyes-ny1pc
      @AngelsEyes-ny1pc Рік тому

      @@JaykeTurner Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient in considering her résumé

  • @tampabayrodeo2474
    @tampabayrodeo2474 Рік тому +134

    The removal of the Glass-Steagall Act in the late 1990s, which contributed to the dramatic failure of large banks during the financial crisis of 2007-2008, was a very unwise decision. Dodd-Frank and this Act both need to be reinstated immediately in order to avert another catastrophe. If nothing is done to fix the current issue, what happened with SVB is merely the beginning of what will occur.

    • @hannahdonald9071
      @hannahdonald9071 Рік тому +2

      In my opinion, SVB was attempting to restructure their bond portfolio, which involved selling their low-yielding bonds despite the potential loss, and compensating for it by buying higher-interest-rate bonds on the open market.

    • @mcginnnavraj4201
      @mcginnnavraj4201 Рік тому +1

      @@hannahdonald9071 Only a good FA will be enough to guide you through the current market volatility. I've been speaking with an advisor for a while now, primarily because I don't have the necessary expertise or stamina to handle these recurrent market conditions. The fact that I made over $220K during this downturn proved that there is more to the market than the typical person is aware of. The greatest course of action right now is to have an investing consultant, especially for people who are nearing retirement.

    • @mcginnnavraj4201
      @mcginnnavraj4201 Рік тому +2

      My Financial Advisor is JEANNE LYNN WOLF. I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can run a quick online research with her name if you care for supervision. I basically follow her market moves and haven’t regretted doing so.

    • @zoeytank2921
      @zoeytank2921 Рік тому

      Right now, I'm literally hanging on by a straw, so your advice couldn't have come at a better time! I'll look her up on the internet and then give her a call.

    • @NobleHusky
      @NobleHusky Рік тому

      ​@@mcginnnavraj4201We need more men like you sticking a small hand of advice out! Thanks 👋

  • @Norzel7
    @Norzel7 Рік тому +77

    One point that wasn't touched was how US a year ago turned all Russia's dollar reserves into dust. The fact that US can, and will do that to serve it's political interests, has affected aforementioned trust, and is probably the whole reason China's currency is even a talking point in the first place.

    • @rumples2698
      @rumples2698 Рік тому

      it's our fault for buying EVERYTHING from China - Stop , and they collapse !

    • @brandonpurdy7658
      @brandonpurdy7658 Рік тому +17

      Thank you. Most of the BRIC participants have or had sanctions put on them by the US.

    • @robblotnicky3219
      @robblotnicky3219 Рік тому +3

      China did the same thing to Putin last year as well. China prints yuan and sends them out of the country and doesn't want any of it back. Thats how they get hyperinflation

    • @gabelincoln3608
      @gabelincoln3608 Рік тому

      The thing is the only other country they could do it is China. China is the most corrupt country in the world and really nobody trust China. No European country will trust China

    • @dufifa
      @dufifa Рік тому

      @@robblotnicky3219 who gets the hyperinflation

  • @chrismadison5085
    @chrismadison5085 9 місяців тому +45

    I think I'm blessed because if not I wouldn't have met someone who is as spectacular as Expert Mrs Lucy Mary Liam. Though I started with $1000 but it was successful, it's been four months since I started investing with her and it's been a great experience

    • @emilymccord7063
      @emilymccord7063 9 місяців тому

      The future belongs to those who believe in the beauty of their dreams. Success is a state of mind. I start investing my cash in other to achieve all my dream with the help of Lucy Mary Liam. The difference Mrs Lucy Mary make in my life is second to none. It's definitely a life changing kindness. I really appreciate her effort in my life time.

    • @wendierenard548
      @wendierenard548 9 місяців тому

      Wow I'm just surprised someone mentioned Expert Mrs Lucy Mary Liam I thought I'm the only one trading with her. I also trade with her and i earn $5,000 every week, all my family have been trading with her and making profits, we love you Mrs Lucy Mary

    • @peteraaron6714
      @peteraaron6714 9 місяців тому

      ​@@wendierenard548You don't have to be surprised because I'm also a huge beneficiary of her good works. She helped me recover what I lost trying to trade my self and I'm still earning a lot of profit monthly.. I invested $8,500 through Mrs Lucy Mary Liam and in one month I made to close $70,300

    • @reynaldo2447
      @reynaldo2447 9 місяців тому

      Ever since I lost my job with the ministry I have been surviving through my investment with Mrs Lucy Mary Liam, I'm so glad I invested when I did. My first experience with Mrs Lucy Mary Liam give me the assurance to invest the more with her without the fear of losing
      She's awesome.

    • @Westonmckennie943
      @Westonmckennie943 9 місяців тому

      Hit $200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with $20k in September 2023

  • @Cherrymontoya
    @Cherrymontoya Рік тому +14

    You work for 40 years to have $1M in your retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.....

    • @Javierrollins
      @Javierrollins Рік тому

      ​@Kelvin You are right.
      Been thinking of going into gold and
      cryptocurrency

    • @svenaasmae
      @svenaasmae Рік тому

      ​@@Javierrollins I totally agree with you it has been an eye-opening experience for a lot of people

    • @svenaasmae
      @svenaasmae Рік тому

      Investment is the key to achieving success with the current pandemic slowing down so many businesses aww

    • @eveliinasiirala
      @eveliinasiirala Рік тому

      She has helped me recovered a lot from the time I have been trading with her.

    • @francisoloche8222
      @francisoloche8222 Рік тому

      My first Investment
      with her gave me profits of over $27K U.S dollar and she doesn't fail

  • @emilymccord7063
    @emilymccord7063 Рік тому +30

    The future belongs to those who believe in the beauty of their dreams. Success is a state of mind. I start investing my cash in other to achieve all my dream with the help of Lucy Mary Liam. The difference Mrs Lucy Mary make in my life is second to none. It's definitely a life changing kindness. I really appreciate her effort in my life time.

    • @kenrobin8736
      @kenrobin8736 Рік тому

      Wow I'm just shocked someone mentioned Expert Mrs Lucy Mary Liam I thought I'm the only one trading with her
      Though I started with $1000 but it was successful, it's been four months since I started investing with her and it's been a great experience

    • @mohammed16145
      @mohammed16145 Рік тому

      I think I'm blessed because if not I wouldn't have met someone who is as spectacular as Expert Mrs Lucy Mary Liam. I also trade with her and i earn $5,000 every week, all my family have been trading with her and making profits, we love you Mrs Lucy Mary

    • @jonaswinter614
      @jonaswinter614 Рік тому

      Ever since I lost my job with the ministry I have been surviving through my investment with Mrs Lucy Mary Liam, I'm so glad I invested when I did. My first experience with Mrs Lucy Mary Liam give me the assurance to invest the more with her without the fear of losing
      She's awesome.

    • @megantyo9
      @megantyo9 Рік тому

      Despite the economic downturn I'm so happy I have been earning $25,000 returns from my $2,500 investment every 15 days. After I came across bitcoin trading platform of Mrs Lucy Mary Liam my financial life has totally changed

    • @Leahwilliamson124
      @Leahwilliamson124 Рік тому

      I don't usually do reviews but earning three times of my monthly salary from Mrs Lucy Mary Liam is overwhelmingly
      I really appreciate🙏🙏
      I invested $2,000 and the trade in one month making close to $20,000

  • @TonyStark-Tesla
    @TonyStark-Tesla Рік тому +7

    Successful people don't become that way overnight. What most people see at a glance wealth, a great career, purpose is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life.....

    • @Nicholas-Richardson
      @Nicholas-Richardson Рік тому

      How long does it take to learn it and make money? I might like to try it out in the future. Maybe I still kinda hesitate about it because I don't know all the ends and outs, pros and cons.

    • @Marina_lam
      @Marina_lam Рік тому

      Most people think, investing in crypto is all about buying coins and leaving them to rise, common it takes much analysis to be a successful crypto tràder

    • @Clarissa210
      @Clarissa210 Рік тому

      Investing in stock and crypto is a good idea, a good trading system would put you through many days of success

    • @Clarissa210
      @Clarissa210 Рік тому

      How does one know a genuine and reliable account manager these days?

    • @joshuapatel163
      @joshuapatel163 Рік тому

      Having monitored my portfolio performance which has made a jaw dropping of $90k from just the past two quarters alone. I have learned why experienced traders make more success in the market from Stacy Garric

  • @vladsoko4995
    @vladsoko4995 Рік тому +61

    Having options also has power. If the BRICS+ begin to trade in their own currencies they don't need to rely on the dollar. The Dollar can still remain dominant, for now, but NOT omnipotent as countries will no longer put up with the threat of sanctions (extortion) that the US has been doing for decades. In my view the United States will need to change its global approach and compete or further alienate itself. The BRICS+ provide options not available before and unless the United States starts to function in a multi polar world it's done.

    • @ExtraordinaryLiving
      @ExtraordinaryLiving Рік тому +1

      Totally agree! This is why I made my own *beseeching* comment post for all of us to NOT be entitled, arrogant, soft, cocky and comfortable ... and to be educated and informed, be vigilant and wise, and do the "right" things and grant our support to the right "public servants".

    • @geraldogregory1070
      @geraldogregory1070 Рік тому

      The brics, agreement will be interesting to see in the next five years more or less.
      THE RUSSIAN DON'T LIKE TO BE DEMANDED IN ANYTHING "if" it doesn't benefit them.
      China is a arrogant nation they say "we are" the largest and most sought after labor force in the world. That is used as leverage for these sell out corporations from all the countries around the world.
      China also the first sign of trouble the dragon will swallow up the Bear 🐻.
      Iran well Allah Help them
      Brazil it's horedom will pay another price.
      ONE THING I MUST SAY ABOUT AMERICA IS THAT GOD HIMSELF "MAY" ALLOW US AS A NATION TO LEARN A LESSON "NINEVAH" AND NOT LET US SINK IN THE DEAPTH OF HELL IS!
      WE ARE THE MOST CHARITABLE NATION ON THE PLANET!!!
      That my friends God won't overlook this at all! BH! Mashallah, Allah.

    • @spartancrown
      @spartancrown Рік тому

      The US won’t be done. The US is certainly going to recede some as it no longer wants to fully support globalization and the reliance on China. The CCP will never open its currency nor financial markets up to the world the way the U.S. has. China IS BRICS the other countries are small by comparison and account for little. Might as well just be C+ Personally I’d be fine with the US staying in it own hemisphere and letting the rest of the world figure itself out. Unfortunately I also don’t want to see Japan or a few others get left behind so 🤷🏻‍♂️

    • @dennisestradda9746
      @dennisestradda9746 Рік тому

      Whats one thing all Brics have in common? Corruption

    • @shnyfan6609
      @shnyfan6609 Рік тому

      Yeah and if say currently global reserves in US is 70%, and it drops down to say, 60% in next few years. It DOES NOT mean that things are fine.
      The 10% which the world no longer hold as reserves currency, will find it way back and flood the US economy. It will be like the US government just print another 1 trillions dollar to put into its own economy, which will devalue the dollar further, and make foreign investors discard the dollar even more.

  • @nimblesloth888
    @nimblesloth888 Рік тому +36

    If I'm not mistaken, Israel , for the first time , added Yuan to their reserved currency. considering their relations with US ,this should ring an alarm bell

    • @williampearson6299
      @williampearson6299 Рік тому +4

      Yes, it will collapse.

    • @VOLITIONSPARK
      @VOLITIONSPARK Рік тому +4

      Then we should definitely stop supporting them & anyone else. Ally or not. It's time for people to choose sides.

    • @princeememandu525
      @princeememandu525 Рік тому

      ​@@VOLITIONSPARK cry cry overgrown baby.

    • @sholaolawepo8225
      @sholaolawepo8225 Рік тому +9

      @volitionspark the arrogance of asking governments to chose sides is why the US is this mess and you’re able to make that comment. You see the cycle?😂

    • @brandonpurdy7658
      @brandonpurdy7658 Рік тому

      @@williampearson6299 Shut up William.

  • @marinoang
    @marinoang Рік тому +44

    So we're not going to discuss BRICS in all this?! Or the dying petro dollar?!

    • @nafissadik2754
      @nafissadik2754 Рік тому +20

      This video is the most biased video I have ever seen in my life. He just ignores everything that doesn’t fit his view. It's really funny because to protect the US Dollar from collapsing there is no other option but to increase peoples faith in it. Lol.

    • @jeffusrangerairborne9061
      @jeffusrangerairborne9061 Рік тому

      Exactly 💯. Today's issues Globally, Over Printing of the Dollar (via Covid Policies), Proxy War in Ukraine (Money Laundering 😉, in my opinion), The BRIC'S Alliance, and Many other Game Changing Global Events Happening not Mentioned, that's Clearly Reducing the Dollar and The U.S. Hold on the World. Seems Pat is Playing it to Close to Home on this One.

    • @kingdavid863
      @kingdavid863 Рік тому +2

      Well brics does not have a currency yet

    • @nafissadik2754
      @nafissadik2754 Рік тому +8

      @@kingdavid863 Do you know that the US prints its money out of thin air and pays for all of its imports?
      The amount of money US prints today is huge and the reason inflation doesn't affect the US economy is because they export the printed dollars to other countries, who holds it as their reserve currency. The way the world is ditching the US dollar today is something worth looking into. Because then there will be inflation that the US economy cannot handle and resulting in an economic collapse.

    • @primeoil4758
      @primeoil4758 Рік тому

      @@nafissadik2754 he's a fake wannabe american. He will never be one though no matter how much he deepthroats the pole where american flag is tied to

  • @JohnDoe-fe7dm
    @JohnDoe-fe7dm Рік тому +2

    It might collapse but still dominate. We did a study a year ago in regard of the collapse of the USD. Let me put it in a comparison way so it will be easy to absorb. Say a country with weak to almost non economic activity had it currency collapsed, the process for that country to go to poverty will be very fast. But the United States of America has and hold the second strongest economy in the world, so currency might collapse but it will still be dominate for years to come. Hence, a a reverse/recovery process can stop the currency from collapsing. But let me say this, good luck on having a fast recovery with your current president

  • @Bradleyschaeffer376
    @Bradleyschaeffer376 Рік тому +102

    You got valid points though Inflation is dilapidating. Quite sad what's happening in the market. Although, even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. The market circumstances are driving me insane, my portfolio has lost almost $13K this month alone, my earnings are tanking. I'd appreciate some financial advice from anyone who knows more going forward.

    • @AdelinaLanoszka1299
      @AdelinaLanoszka1299 Рік тому

      People do downplay the importance of expert counselors up until they experience the consequences of their errors. I wanted to stay afloat between the COVID outbreak and my early 2020 layoff, so I started looking for license advisors. My previously stagnant
      $325K reserve has so far created significant returns from subsequent investments owing to expert leadership by my FA, who can be found online. I was fortunate to come across someone with his level of practical knowledge and years of experience, and he helped me.

    • @Bradleyschaeffer376
      @Bradleyschaeffer376 Рік тому

      @@AdelinaLanoszka1299 We're only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08' crash and I've been looking into similar opportunities in this present market, could this coach that guides you help?

    • @AdelinaLanoszka1299
      @AdelinaLanoszka1299 Рік тому

      My Financial Advisor is GREGORY THOMAS PATCHAK. I found him on a CNBC interview where he was featured and reached out to her afterwards. he has since provide entry and exit points on the securities I focus on. You can run a quick online research with his name if you care for supervision. I basically follow his market moves and haven't regretted doing so.

    • @Bradleyschaeffer376
      @Bradleyschaeffer376 Рік тому

      He appears to be a true authority in his profession. I looked him up online and found his website, which I browsed and went through to learn more about his credentials, academic background, and career. He owes me a fiduciary duty to act in my best interests. I set up an appointment to use his services.

    • @CMA418
      @CMA418 Рік тому +1

      Ask yourself, “what would Jesus do?” 🤷‍♂️

  • @lcarlson7725
    @lcarlson7725 Рік тому +46

    THANK YOU for this video. Gotta admit - I've been more and more worried about the weakening of the dollar. Washington is unhinged and unaccountable - they are literally destroying our Country. I've got both eyes open. Thank you for putting this into context.

    • @hugojuicevalladares8713
      @hugojuicevalladares8713 Рік тому

      In June there there will be the brics summit. More countries will join and possibly speed up the collapse of the dollar

    • @2ruthfox82
      @2ruthfox82 Рік тому +1

      It’s dropped from 58% in 2022 to 47% now. In one year 😮

    • @thinkfloyd2594
      @thinkfloyd2594 Рік тому

      @@2ruthfox82 Exactly. It is (and will continue) happening faster than these folks are predicting. Called the 'richest country on Earth', our currency is worth negative thirty one trillion dollars, with no metal, resources, or ANYTHING of value underneath it. The US Emperor is wearing no clothes.

    • @Sphere723
      @Sphere723 4 місяці тому

      1 year later, the USD is the strongest it's been in 34 years. GDP is growing well, unemployment is very low. Keep your eyes open buddy.

    • @lcarlson7725
      @lcarlson7725 4 місяці тому

      @@Sphere723 what flavor kool-aid is in your glass? Dude?!?!?

  • @ryleemacmahon
    @ryleemacmahon Рік тому +69

    A perfect storm is brewing in the United States. Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, baby formula shortages, available automobile shortages and prices, the price of living place. It's all coming together and it could lead to a real disaster towards the end of this year (or sooner). With inflation currently at about 6%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.

    • @itzeltorreson
      @itzeltorreson Рік тому +1

      Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.

    • @aadenmarousek
      @aadenmarousek Рік тому

      These are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The bigger the red candles, the bigger the green ones.

    • @pamelamonarch
      @pamelamonarch Рік тому

      I don't know much about the market, but based on what little knowledge I have of economic supply and demand, this is the best time to venture into the market, but the only thing holding me back is the constant fluctuations in prices, which it's not supposed to be a problem, but i really need guidance because i want to use this avenue of everything being on discount to build a portfolio that pays dividends and takes care of me in retirement.

    • @vuhoahua
      @vuhoahua Рік тому

      I must say profoundly that "DEBORAH DIVITO WELCH" does a good job. She is quite the genius in portfolio diversification.@@pamelamonarch

    • @marleycapron
      @marleycapron Рік тому

      @@vuhoahua I am going to look her up too, I have about $81k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.

  • @LokiTheGodofMischief
    @LokiTheGodofMischief Рік тому +25

    Even if it does life goes on, Britain is still around, Portugal, Spain, Netherlands and France also once held the worlds reserve currency.

    • @MMA94
      @MMA94 Рік тому +3

      Thats actually a great point. I think use won't let its power go away this easy even if it means going to actual war.

    • @phillipjacobs7691
      @phillipjacobs7691 Рік тому

      You Americans have no idea what the world is really like brothers... you benefit massively from other countries being paid in dollars and absorb the inflation. If that disappears America is in for very hard times

    • @phillipjacobs7691
      @phillipjacobs7691 Рік тому

      ​@@MMA94 that is what the ukraine/Russia thing is about.

    • @seymorefact4333
      @seymorefact4333 Рік тому +3

      🇺🇸 exactly, maybe then we can help Americans. Rather than policing the world to enrich the 1%!

    • @jkmarshall3553
      @jkmarshall3553 Рік тому

      I agree... too much hype and hysteria from the US about the decline of the dollar. And to be honest, if that's what it takes to force them to bring their decades of federal budget deficits (which has led them to $31 Trillion + in debt), to a balanced equation, then even better!

  • @mirface1613
    @mirface1613 Рік тому +8

    Patrick on Netherlands there was a small mistake when you said it lasted 80years but on the screen there was info about Spain 110 years. It’s not big deal at all, love your content , just wanted to put that out I know you want to the best from yourself and your team, so do I . Take care Patrick and thanks!

  • @DonRua
    @DonRua Рік тому +2

    The title caught my attention. Pls allow me to weigh in.
    The United States had never planned for this situation. In order to secure the oil supply, Saudi Arabia agreed to trade with the US dollar (USD), and the US Navy provided the guarantee of safe arrival for their shipments. Before long USDA became PETRO-DOLLAR.
    On the other hand,
    to counter the influence of the Soviet Union, a strategy was implemented: nations that traded with USD would receive the same shipment guarantee. This led many countries to adopt USD for trade, making it popular hence able to offer better interest rates. Eventually, USD became so in demand that a significant amount of USD trading occurred outside of the US, without direct US involvement.
    To replace the USD as the dominant global currency, certain conditions need to be met. Firstly, a strong navy is required to ensure secure shipment routes. Russian Navy pls don’t forget food and fuel. Secondly, an alternative currency with stable governance and trustworthiness is needed. Look at how Jack Ma lost everything overnight. Additionally, the currency must gain worldwide popularity and be easily liquidated. Try to buy a coffee at Starbucks with RMB. Lastly, it should offer low interest rates.
    Until these conditions are fulfilled, I find myself still longing to lose 30 pounds, a goal I have had for the past 30 years, yet to be achieved

  • @CodingExpress
    @CodingExpress Рік тому +6

    Don't look at what the BRICS are doing now and the position of the dollar, instead look at the awareness and new knowledge about de-dollarization. Americans will never understand what the lack of dollar means for foreign countries. This is the new knowledge: The economic strength of a nation is determined by how much dollar it holds. Why?

    • @greenmirror5555
      @greenmirror5555 Рік тому

      but what is a dollar? Define that! Then define what was a dollar...a thaler? origin hint...Joachimsthaler

  • @iamtheiconoclast3
    @iamtheiconoclast3 Рік тому +3

    The question I'm asking is why do you master your audio at such a low level?? I'm at max volume and I still can't hear you clearly over a bit of background noise. I want to hear what you have to say, but I don't necessarily want to don a pair of noise-cancelling headphones in order to do it. :)

  • @moises2773tube
    @moises2773tube Рік тому +6

    This guy doesn't see that it is happening already.

  • @theodethomasa6358
    @theodethomasa6358 Рік тому +2

    VERY GOOD HISTORY LESSON. This internal conflict is what will destroy the USD. Not another country!

  • @tomjacob83
    @tomjacob83 Рік тому +5

    But Pat, what about the new currency BRICS countries are planning to launch?if some of the major oil producers join BRICS as they have already shown interest to, can it be a game changer?

  • @danimirmartell
    @danimirmartell Рік тому +2

    Bro we need a Show like this in Spanish. Hispanic community need to understand and learn a lot from your guy. This Channel is one of the few that I know in all youtube with a great understanding about Economic, History and future.

  • @Wade-1
    @Wade-1 Рік тому +5

    Don't buy f'ckin art as a normal person. Buy something that's actually liquid during a crisis. There is absolutely no reason to invest in some BS art over physical stuff like precious metals.

  • @malama_ka_aina
    @malama_ka_aina Рік тому +17

    Lovely presentation. One thing, start and end dates of past reserve currencies don't give allowance that there is a transition period. Another thing, the dollar system is based on trust, that is eroding extremely quickly, in the West you don't see it, outside of the West, it's everywhere. Last, the West is very arrogant and has been for decades not realizing their dependence on economies that are fueling it's economy. There will be no "collapse", but the transition is happen much faster than Westerners are willing to accept. Many things such as running up a trillion dollar deficit will not fly in a short 15-20 years. This will force many Western countries to have to play fair, something that is much harder than it sounds . . .

    • @Nostradevus1
      @Nostradevus1 Рік тому

      I live in the US and I don't even trust our currency. Many citizens in "the West" have been saying for a very long time that we cannot continue to export inflation and retain our place as the global currency. Thing is the people running our country don't answer to us they answer to the WEF and they want to bust the dollar to usher in a new global digital currency that will enslave us all.

    • @pleiadesstarr453
      @pleiadesstarr453 Рік тому

      ​@@Nostradevus1The US citizens should take back their country from these Cabal within the govt.

    • @GodofDisco
      @GodofDisco Рік тому +1

      West accepts no change without war. Big guns and weapons go burr, no choice but to use the dollar.

  • @wildwest5056
    @wildwest5056 Рік тому +1

    Excellent show but I wish you would of covered the Petro Bill so others would understand what drives the American dollar now and the changes that are taking place present day on countries that are breaking away from it. You started but didn't finish.

  • @mkiller1001
    @mkiller1001 Рік тому +2

    I live in Eastern Europe and the RUB lost some value at the start of the war in Ukraine but quickly regained its value and the USD dropped by 20% compared to our own currency (historical drop). Similar situations happened in nearby countries, I remember the reddit bros making memes about worthless RUB but things turned against the USD in our region in massive way. Now I regret not ditching the USD myself when it had some actual value :P

  • @RonaldKragnes
    @RonaldKragnes Рік тому +7

    @10:50 "Who controls the food supply, controls the people. Who controls the energy, can control the whole continent. Who controls money, can control the whole world." - Henry Kissinger

    • @rap3208
      @rap3208 Рік тому

      Until now, now everybody is dedollarizing or reducing their dollar reserves. The dollar won't be controlling the world in a few years time.

    • @pleiadesstarr453
      @pleiadesstarr453 Рік тому

      ​@@rap3208Absolutely! Diversify is key and take back control for ourselves. Buy gold and silver, BTC. Be your own bank.

  • @ClementRusso2
    @ClementRusso2 Рік тому +2

    Three years ago, nobody could have foreseen the current state of the U.S. dollar. The U.S. continues to repeat the same mistakes that have led to the dollar's current situation. As a result, there's no guarantee that the dollar's future will be as bright as it's hoped to be.

    • @antonnohr
      @antonnohr Рік тому +1

      Government policies have jeopardised the future for many years, and consequences are approaching. I anticipate an 75% decline in the stock market, causing investors to shift toward real estate. Traditional banking may become less reliable, so it's essential to develop a survival strategy.

    • @VickyAlvy
      @VickyAlvy Рік тому

      I consult a financial coach before investing. During the pandemic, I employed profit-focused strategies and risk minimisation, leveraging their insider knowledge and analysis. Working with Stacey Lee Decker as my coach for over three years, I've generated around $750k in earnings.

    • @Rodxmirixm
      @Rodxmirixm Рік тому

      After reading your insights, I researched her full name and found her online webpage. Unfortunately, my portfolio took a significant hit, so holding it longer seems unwise. However, I've heard of others making significant returns during this downturn, which is encouraging.

    • @Jason9o669
      @Jason9o669 Рік тому

      I've been passively earning a six-figure income through my investments with Stacey Lee Decker. He guided me to the right community to enhance my financial growth, and I don't need to put in much effort. Regardless of market fluctuations, I consistently generate returns.

  • @SoundKing
    @SoundKing Рік тому +4

    The reason why countries have the US dollars in reserve is because oil is sold in US dollars and if they don't have enough in reserve they can't buy oil which is needed for transportation and energy. If countries become less reliant on oil then they would become less reliant on the US dollar...

    • @billbry
      @billbry Рік тому

      You need to update your information. OPEC already started accepting other currencies last year

    • @dahisar6785
      @dahisar6785 Рік тому

      or saudi ditches US dollar and sell oil in some other currency

    • @SoundKing
      @SoundKing Рік тому

      ​@@billbry I know but the majority of oil is still sold in USD

  • @yahiaalihottestman
    @yahiaalihottestman Рік тому +1

    Your videos explaination is very specific most people just don’t understand how important the information you are saying

  • @gorkagarcia8715
    @gorkagarcia8715 Рік тому +1

    Interesting to see (0:29) that all major reserve currencies have a similar timespan and the US Dollar seems to be approaching that timespan

  • @MorrisonChris
    @MorrisonChris Рік тому +6

    I'm new to crypto trading what's the best way to get started cos I've been making my personal research for a while now, i don't know how to trade on cryptocurrency

    • @JasperJames-rn9ps
      @JasperJames-rn9ps Рік тому

      My first experience with her gave me the assurance that has made me to invest without fear of loosing and I got four of my friends involved with her

    • @Christopher-fd4ge
      @Christopher-fd4ge Рік тому

      Wow.. Amazing to see another investors who trade with Jessica chiara Russell, I'm currently on my 5th trade with her and my portfolio has grown tremendously

    • @doragary3717
      @doragary3717 Рік тому

      She trade for me too. My first investment with expert Mrs Jessica chiara Russell gave me a profit of over $25,000 and ever since then I keep trading with her no losses

    • @chrispaul3778
      @chrispaul3778 Рік тому

      I keep on hearing Mrs Jessica chiara Russell being mentioned everywhere, is she really worth the credit reviews?

    • @monicaryden9925
      @monicaryden9925 Рік тому

      I recently started my trading with expert Mrs Jessica chiara Russell and I'm already marveling over the profits she made for me, assuming I met her on time I would've been a Millonair by now

  • @WhoLeeAnnita
    @WhoLeeAnnita Рік тому +2

    In our continent (South America) we're starting to think of the possibility of de-dollarization in our economy. No more sanctions from the US will benefit us tremendously.

    • @mikele9878
      @mikele9878 Рік тому +1

      Bravo for South America 👍

  • @VALUETAINMENT
    @VALUETAINMENT  Рік тому +16

    Do you think the U.S. dollar will collapse?

    • @muktadirhasan345
      @muktadirhasan345 Рік тому +2

      Don't sure until July

    • @JohnDoe-qz3qi
      @JohnDoe-qz3qi Рік тому +2

      No.

    • @faree38green
      @faree38green Рік тому

      I doubt it... Not yet anyway

    • @donquijote6030
      @donquijote6030 Рік тому

      Yes. I believe that between BRICS and the failed policies of the left the dollar will collapse. It is, as usual, entirely the fault of Big Government and those who worship it as their god.

    • @user-dy2qq5wh4b
      @user-dy2qq5wh4b Рік тому +3

      It seems like every week theres a new country abandoning the dollar...most recently Brazil, Pakistan, Malaysia, Argentina, Egypt, Saudi Arabia, Syria, and now all the SE Asian countries ASEAN are taking about it. The new Uni-coin launched by the IMF(for the Euro) and XRP (for BRICS+) and the JPM coin for the US) could easily replace the liquidity that the dollar is needed for.

  • @patriciaelbadry6789
    @patriciaelbadry6789 Рік тому

    This is a lesson for America to always stay vigilant, become strong, and remain humble.

  • @stephaniec.2520
    @stephaniec.2520 7 місяців тому

    I have never been here before. This video was informative, educational & truly helpful to me. I would have an interest in seeing another of your videos. Also I had been told elsewhere that Masterworks had value & forgotten about it. Appreciate you mentioning that. Sorry if name icon comes up 2x. Computer glitch we don't know how to fix.

  • @norbgs07
    @norbgs07 Рік тому +5

    I’m sold. Love the way you share information. Keep it goin!

  • @Shelley662
    @Shelley662 Рік тому +4

    First understanding the financial market and how it works then you need to know how to study the market charts. Thanks to Rebecca Catherine for showing me the appropriate way to get into bitcoin investing and trading with his trade signal and investing guidelines. Investing and trading are more than just having TA skills. There is a big component of discipline and emotional maturity, that one has to work on! Time in the market VS. timing the market. If you keep that mentality as an investor, you will stay calm during the storm! Within some months I was making a lot more money and have continued on that same path with Rebecca Catherine

    • @natashanice3513
      @natashanice3513 Рік тому

      I'm a little bit skeptical about this cause I've lost over $10k trying to make profits by myself in binance

    • @monicaryden9925
      @monicaryden9925 Рік тому

      Lol you don't need to be skeptical, I was once like you,and losing funds in the market is part of the game as a newbie, I also lost a lot when I newly started trading before I was referred to my mentor expert Mrs Rebecca Catherine she help me recover all I lost and made more profits for me

    • @monicaryden9925
      @monicaryden9925 Рік тому

      ​@JessicaSanderTrading the crypto market with expert Mrs Rebecca Catherine has been a game changer for me

    • @davidlouise87
      @davidlouise87 Рік тому

      Expert Rebecca Catherine is the one managing my trade for months now and I keep on making profits every week

    • @davidlouise87
      @davidlouise87 Рік тому

      ​@AlexDede-be8mwSeeking for her contact info.⬇️

  • @deeshunt4228
    @deeshunt4228 Рік тому +15

    The US military says we are the reserve currency.

    • @ChrisFoxWrites
      @ChrisFoxWrites Рік тому +4

      This is why the US military consistently missing recruitment goals is concerning IMO. Rome went through the same thing, and eventually couldn't field a military so they relied on foreign conscripts and slaves...until they collapsed.

    • @clown1984world
      @clown1984world Рік тому

      the one that Biden wimped out putting gays trannies as leaders making people not want to join.

    • @johnowens5342
      @johnowens5342 Рік тому

      Pissing people off is a good long term plan? If we just took care of the strength of the dollar we wouldn’t need the bad plan of enforcement.

    • @Jim-gx9pf
      @Jim-gx9pf Рік тому +7

      LOL THE CAVEMEN IN AFGHANISTAN SAY NOPE!

    • @travissmith-wz5nc
      @travissmith-wz5nc Рік тому

      They have the draft. Get rid of woke bs. Increase pay and people will join.

  • @davidong4785
    @davidong4785 Рік тому +1

    At hand, it will not be any time soon for USD to lose it world reserve currency. It will only be shaken when central banks decided not to hold USD as their foreign reserve.

  • @enigmarocker
    @enigmarocker Рік тому +1

    Masterworks requires an actual interview, which comes along with a high-pressure sales pitch like that of which happens at car dealierships...i know because I just tried this. Unfortunate...

  • @mr.sparkles4417
    @mr.sparkles4417 Рік тому +6

    Unfortunately its gonna be very close to happening or it will definitely happen.

  • @mryoutube4399
    @mryoutube4399 Рік тому +4

    Someone should tell Pat that the reason a lot of global trade is not happening in the Yuan is because China WANTS to keep using USD. This can change however in the future.

    • @pedro.zurita
      @pedro.zurita Рік тому

      The US is Chinas "shredder" or "food processor". WE consume everything THEY make. They need us as much as we need them, either one of us fails we both starve. THEY make...WE buy. SAMD. Self Assured Mutual Destruction.

    • @raya7267
      @raya7267 7 місяців тому

      Why does china want to keep using the US dollar?

    • @mryoutube4399
      @mryoutube4399 7 місяців тому

      @raya7267 Same reason people use their old cars/clothes while waiting to get their new ones. The global financial systems are currently based on the USD. It will take some time to develop alternative systems.

  • @ClipCritics
    @ClipCritics Рік тому

    Kissinger switched gold for the Petrodollar. Which allowed the dollar to be printed without hyperinflation. That will end! “The concept of order that has underpinned the modern era is in crisis."
    -Henry Kissinger-WSJ 8/29/2014

  • @soyxolo1349
    @soyxolo1349 Рік тому +1

    Here is my two cents . The dollar was needed because the country was productive and industrialized this meant that the country was stable and had a strong middle class this pushed everyone to trust the dollar as a safe currency for commodities around the world because you wanted to buy machinery computer everything was made in us. Thing is if china produces everything the world needs wants then yuan is now in demand then it only means the us will still be there yet there will be a big effect

  • @jdwar11
    @jdwar11 Рік тому +5

    Thanks for taking the time to pull this together to educate some of us brother.

  • @Matchleader
    @Matchleader Рік тому +4

    Who else would had thought this would happen when US abuses their currency as a weapon against other countries (Including Iran) to tell them what to do

  • @justhair17
    @justhair17 Рік тому +1

    Also, I think its worth mentioning how the dollars dominance is very much linked to oil, as well as trust/fear in the US government. And if you look at right now, multiple oil countries is moving away from the USD and trust/fear in the US is alsp decreasing

  • @RuthEvelyn-rc3bg
    @RuthEvelyn-rc3bg 3 місяці тому +4

    Since the debt crisis could unleash carnage on the stock market leading to economic downturns. We need to be prepared for potential market volatility. how can I secure my $200K stock portfolio against declining?

    • @CrystalJoy-32
      @CrystalJoy-32 3 місяці тому +3

      From what I've read, it seems to be a mix of factors. High government debt, corporate debt, and even personal debt are contributing to the instability. It's like a perfect storm. You should contact an expert to help you allocate stocks in your portfolio

    • @Sampson-jh7yq
      @Sampson-jh7yq 3 місяці тому +2

      This is why I entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far

    • @albacus2400BC
      @albacus2400BC 3 місяці тому +2

      This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

    • @Sampson-jh7yq
      @Sampson-jh7yq 3 місяці тому +1

      There are many independent advisors to choose from. But I work with Monica Shawn Marti and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her.

    • @DennisJack-km8ho
      @DennisJack-km8ho 3 місяці тому +1

      Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

  • @dorathystephanie7702
    @dorathystephanie7702 Рік тому +28

    Everybody is concerned about the market going down but refusing to take advantage of it. The best decision ever made in my life was investing regardless of the market condition. I made over 218k.USD with a start up of 39k.USD in the last three months. Trust me guys, it really pays a lot!

    • @Kristenshwan
      @Kristenshwan Рік тому

      The market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works.

    • @tryleraaron9244
      @tryleraaron9244 Рік тому

      My advice to anyone feeling the heat in this current market. Just trade long term more than ever. If you can then get a professional to trade for you, think that way your assets are more secure

    • @adamdouglas9888
      @adamdouglas9888 Рік тому

      Yeah!! It would be more beneficial and yield more profit if you actually trade on cryptocurrency, I've been trading since the dip, I've made so much profit trading.

    • @arktom7335
      @arktom7335 Рік тому

      ​@@tryleraaron9244Yes I Agree, I've been talking to Fergus waylen for long now, mostly because I lack the knowledge and energy to deal with these ongoing market circumstances. there are more aspects of the market than the average individual is aware of. Having an investing counselor is now the best line of action, especially for most beginners and those who are close to retiring

    • @damiansokratis6928
      @damiansokratis6928 Рік тому

      Thanks to Fergus waylen for showing me the appropriate way to get into crypto investing and trading with his trade signal and investing guidelines. Investing and trading are more than just having TA skills. There is a big component of discipline and emotional maturity, that one has to work on! Time in the market vs. timing the market. If you keep that mentality as an investor, you will stay calm during the storm! Within some months I was making a lot more money and have continued on that same path with Mr fergus Waylen /

  • @isoryte201
    @isoryte201 Рік тому +4

    Great presentation as always Pat. But I'll differ with you on your conclusions.
    All the earlier transitions from one reserve currency to another happened just as a result of economic pull. The dominant economy pulled the reserve currency status from the receding economy.
    With USD today, yes there's no economy more dominant than the US yet, but the de-dollarization is by gov fiat. Governments and int'l institutions are deliberately avoiding and even dumping the USD even though it has all these strengths. And this is cuz US has weaponized the USD, can seize the USD foreign reserves of any country with the snap of a finger or sanction a country into economic chaos.
    So, while there is no direct competition to the USD, it's Acceptability in the global market is eroding. The rest of the world is deliberately pulling back from the USD. If you re-do this analysis this time next year, you'll see a big shift and change.
    It's already happening, the de-dollarizing and dumping of the USD has just started in trickles and the US economy is already sweating; inflation moving from crawling to walking. And countries continue to firm up alternative payment systems, the de-dollarization will continue to pick up steam.
    It's not looking good for good ol America and America still tows the hardline on every global issue, does not listen nor engage just throwing around its offensive bully nature that doesn't scare anyone anymore..

    • @pleiadesstarr453
      @pleiadesstarr453 Рік тому

      Cocky and arrogance will lead to their demise...stay tuned.

  • @simony276
    @simony276 Рік тому +1

    It’s a great news for the whole world. Hope it could be done in few years time.

  • @thedroneosphere1760
    @thedroneosphere1760 Рік тому

    I like watching his shows even tho we don't always see eye to eye can't lie his topics are great

  • @JOEBLESSETT_R
    @JOEBLESSETT_R Рік тому +4

    Everybody missing the point, the end game is to replace all sovereign currencies with one digital currency. China collapsing under the weight of its own expansion. The swing player will be India choosing to align with China and Russia or U.S. and Europe digital currency play.

    • @didforlove
      @didforlove Рік тому

      agenda 2030= georgia guidestones=mass depopualation

    • @mikele9878
      @mikele9878 Рік тому +2

      BRICS is the new player

    • @didforlove
      @didforlove Рік тому

      @@mikele9878 no brics the elite will not allow the other parts of the world to develop

    • @deviantshade
      @deviantshade Рік тому +1

      oh you're that guy who still thinks "you're either with me or against me" haha good luck

  • @SalvadorMolinaMolina
    @SalvadorMolinaMolina Рік тому +5

    I like the channel but what's up with the cringe thumbnails... It makes me not want to watch... they are getting worse...

    • @taco1010
      @taco1010 Рік тому

      Dude their just thumbnails 😂lmaooo

  • @jeppler3
    @jeppler3 Рік тому +4

    I was bummed to not hear you mention Bitcoin once in this clip. It really is the solution to this mess.

    • @MrSky10101
      @MrSky10101 Рік тому +4

      If you want to lose your money, you definitely need to listen to this guy.

    • @silvermediastudio
      @silvermediastudio Рік тому +3

      no it isn't

    • @lovly2cu725
      @lovly2cu725 Рік тому

      BITCOIN COMES LATER ON THE TIMELINE

  • @kevinjorgensen1046
    @kevinjorgensen1046 Рік тому +1

    I was getting $132 American to $100 Australian in 1972. I was getting $108 American to $100 Australian 10-12 years ago. Now my bank gives me less than $60 American to $100 Australian and you guys think your dollar is weak? Who the hell is going to be able to afford your exports if it starts getting stronger?

  • @Only1Steven
    @Only1Steven Місяць тому +2

    Recessions are frequently caused by outside forces, and it seems that the US dollar is becoming less of a government reserve. A new multilateral world order appears to be approaching given the waning capacity to manage inflation and the decline in the trade of stocks and oil.

    • @HellBot-gi5si
      @HellBot-gi5si 17 днів тому

      Wrong, this Russia propaganda. Even the Russians had to get US dollar on the black market. LOL 🤣 It Russian and Chinese economies that are crashing and their currencies are worthless.

    • @HellBot-gi5si
      @HellBot-gi5si 3 дні тому

      That problem that you are having is that with de-globalization many countries are starting to de-industrialize. You seeing that now with Iran. It been 50 yeas since the Shah of Iran was over thrown and Iran cannot maintain it's technology but more importantly their oil field and oil production. Currently, Guyana the small South American country with the help of Exxon Mobile is putting out over 600,000 barrels of oil per day. Now that more than Iran is exporting currently.

    • @HellBot-gi5si
      @HellBot-gi5si 3 дні тому

      We are seeing de-industrialization happening all around the world. So we seeing the US dollar getting stronger not weaker.

  • @419ariel47
    @419ariel47 Рік тому +7

    Thank you for the info. My take is USA should take all production out of china( sure the labor pay is very low there) and bring everything elsewhere. In Romania / a NATO country/can be done antibiotics, all kind of medication, electronics, sewing. Romania has good natural resources: oil, natural gas, precious and rare metals, and most important educated and hard working qualified or not workers who would rather work in Romania in their native country if paid well instead of living their kids in the care of the elderly grandparents and working in European countries

    • @Tyler_W
      @Tyler_W Рік тому +1

      The US probably can't bring everything home, but the US does need to bring a lot back home, or at least to the American continent again. America needs to become more of a producer instead of just a consumer again if we want to preserve ourselves.

    • @primeoil4758
      @primeoil4758 Рік тому +1

      Imagine comparing Romania to china lmaoo

    • @419ariel47
      @419ariel47 Рік тому

      ​@@primeoil4758 a USA citizen of Romanian origin here, I made the above statement in full knowledge: your mocking and comparison between Romania and China is not founded. in Microsoft the second most spoken foreign language after Hindu is Romanian. Currently, Romanian IT is well-known all over the world. "10 Surprising Romanian Discoveries and Inventions" on youtube depicts a bit more info about Romanians such as PAULESCU, HENRI COANDA, Ana Aslan, Aurel Vlaicu, Persu, and many more.

  • @livefree1030
    @livefree1030 Рік тому +3

    There was a chart that showed the USD was traded globally at 71% holdings. In 2019 it was 53%. This year the USD is at 41%

  • @ricecrash5225
    @ricecrash5225 Рік тому +1

    When you are gifted with great power and you abuse that power you deserve to have it stripped. The world needs a new reserve currency and the United States needs to go through a massive change before it can rejoin the trust of the global community.

  • @aldo_antinori
    @aldo_antinori 7 місяців тому

    PBD you missed the Fiorino D'oro (Golden Florentine coin)! The trusted currency that fueled the Rennaisance and wasn't debased for more than 300 years

  • @oluwakemisolaakeju
    @oluwakemisolaakeju Рік тому +3

    **Crypto investing has brought me great success!!! Irrespective of the economic depression I can boast of over $12,000 dollars every week on my investment. All thanks to Mrs Kiana Danial ... Thank you for your focus on quality stocks..

    • @oluwakemisolaakeju
      @oluwakemisolaakeju Рік тому

      @Arnold Brown As a beginner, it's essential for you to have a mentor to keep you accountable. Myself I'm guided by Mrs Kiana Danial, a widely known crypto consultant.

    • @AntoinetteSimon
      @AntoinetteSimon Рік тому

      @Wilson Paul Wow, I'm surprised you also trade with expert Mrs Kiana Danial. She's the best at what she does.

    • @henrymorgan142
      @henrymorgan142 Рік тому

      I'm also a proud beneficiary! I've built my portfolio massively and still building. I Started with a UA-cam referral just like this and a few thousand. I'm way up to the profits now...

    • @rodgerselliott3955
      @rodgerselliott3955 Рік тому

      She's good and guaranteed, with her you will see crypto trade from a different angle....working with her is all about win win win..

    • @alexanderdonald9167
      @alexanderdonald9167 Рік тому

      I and my wife found out how good she was and we have to start with $15,000 for long-term trading which we make withdrawal with our iD and reinvest also..

  • @kripler3001
    @kripler3001 Рік тому +6

    American Dollar dependence won't go away at least in the next 2-3 decades. I have no issue with BRICS threat for a new currency because technically, these nations aren't that close as anyone may think. China and India aren't really on friendly terms. It is not on India's interest to weaken USA to China's advantage. Russia and China are friendly to each other but the relationship is just out of necessity. They are still wary of each other. Also China is scared of western sanctions should it openly support Russian invasion of Ukraine which shows the level of Chinese dependence on western economy. South Africa just told Russia that Putin will be arrested should it visit the country. Brazil is...well just don't care with everybody else. Russian Economy are not really very good right now. South Africa's economy is not huge compared to world peers and is not that healthy. India's economy growing fast however is still very small compared to USA as well as Brazil. While China's economy is very big, it is currently facing economic backlash especially on advanced technology investments and transfer. I really can't picture out these weird groupings could pull it off and challenge US Dollar hegemony. Only war on a global scale can potentially depose US Dollar near term.

    • @StreetCornerFilmsAndTV
      @StreetCornerFilmsAndTV Рік тому

      Buckle up buddy shit about to get real and do your research…. Putin is coming to South Africa 🇿🇦 🇷🇺 ❤

    • @munguci12
      @munguci12 Рік тому

      S. Africa just say they will arrest Putting. Sure of that!?

  • @Fav240
    @Fav240 Рік тому +8

    i grew my portfolio from 15k to 97k last month in my wallet without sending a dime to anyone with the help and advice of Mrs Gwen Alyssa

    • @Fav240
      @Fav240 Рік тому

      UA-cam won't allow me post her site here

    • @Fav240
      @Fav240 Рік тому

      *You can communicate with her on the TELEGRAMS APP with the following name below ??.*

    • @Fav240
      @Fav240 Рік тому

      # gwenalyssa

    • @Fav240
      @Fav240 Рік тому

      *that's the only telegm account she operates with, any other account is a scammer*

    • @valentinmatei7827
      @valentinmatei7827 Рік тому

      NICE nice!, she's really doing a great job for me to see her mentioned here, after i grew my account from 20k to 130k it was really the best experience of my life, the best part of it all is that i didn't need to send a dime to her to make my money, thanks a lot Gwen

  • @ptupy
    @ptupy Рік тому

    If there are incentives for change, and currently there are plenty (record debt levels, dollar weaponization, etc.), change will happen. I wouldn’t be complacent. When they asked Hemingway how he went broke, he replied, “Gradually, then suddenly.”

  • @miguelm3031
    @miguelm3031 Рік тому

    No offense Patrick but these solo videos are the BEST‼️‼️‼️‼️‼️ This reminds me the good old days you spoke better alone in videos COMPARING to NOW with so many others around that has zero comparison to you.

  • @tad3900
    @tad3900 Рік тому +1

    The USD is currently the reserve currency but BRICS has the population and the raw material. If they can capitalize on their ability to manufacture and sell to each other, especially if Saudi Arabia joins , the US may be in for a sudden slap in the face.

  • @jummyran
    @jummyran Рік тому +1

    Honestly Portugal 🇵🇹 shocked me I knew Spain and Britain were powerhouses but not Portugal lol. Ronaldo must be proud.

  • @choncha23
    @choncha23 Рік тому +1

    To be honest, I am 31 right now, and I have never seen so many people spend money on things and partying. When I was growing up, I remember the only time I got new shoes was at the start of the school year. If I wanted a second pair for Christmas, then I would have to save. For example, my sister-in-law, I know she has bought both of her kids three pairs of shows each before Christmas, and then, INSANE! I know she also got the Kids Disneyland season passes. They have been there multiple times. They are got snowboarding passes when it snowed up in the mountains. When I was a kid, I didnt go to Disneyland until I was 8 years old. The next time I went was for high school prom in. The third time I went to Disneyland was with an ex gf when I was 25. People spend recklessly.

  • @MARLEYtheDOG24
    @MARLEYtheDOG24 20 днів тому

    3rd option- world goes to independent companies with agreements on decentralized systems with heavy regulations- like ripple, ethereum and other new technologies that didn’t exist before

    • @HellBot-gi5si
      @HellBot-gi5si 17 днів тому

      I think it pretty certain if you did that the US dollar will dominate you as well. Right even most crypto currency are subservient to the US dollar.

  • @laupeter4594
    @laupeter4594 10 місяців тому

    Wow thanks for making things sound dramatic and at the same time acting saviour for the American people
    Thanks and salute to you

  • @summerr7120
    @summerr7120 Рік тому

    Patrick, look into Ripple the company and the digital asset/currency XRP. Ripple has been working with the IMF, Central Banks and countries around the globe for years. XRP meets the three things you stipulated to be a possible world reserve currency or a bridge asset to be used in a case of a liquidity crisis. Once you start looking, there is so much to see.

  • @douglaswong8610
    @douglaswong8610 Рік тому

    New Spiderman coming out from the winter season
    Spiderman running out of spinning

  • @michaelloong964
    @michaelloong964 Рік тому +1

    The US dollar will not collapse as many countries still want to trade using the US dollar as the trading currency just like the Euro and the British pound. Other countries may still use the US dollar and RMB as their reserve currency together. The only time the US dollar collapses is when the US dollar depreciates to the same way as the Venezuela Bolivar.

  • @daviddefranco5218
    @daviddefranco5218 11 місяців тому +1

    He didn't mentioned that the US not its population...but that the US government owes 33 Trillion dollars.
    The Master is always the Lender...and the Slave is always the Borrower...
    Period...

  • @jasonsoulie1337
    @jasonsoulie1337 Рік тому

    The ad on this video was ridiculous. Don't never forget ladies and gentlemen whenever you are considering something that is free. That's because you are the product.

  • @joshuagreen5820
    @joshuagreen5820 Рік тому

    Thanks! This is why I’m addicted to UA-cam. Because I can be entertained and educated on relevant content like this video. Thanks