Are We Headed for Another Global Financial Crisis? - Robert Kiyosaki,

In this episode of the Rich Dad Radio Show, host Robert Kiyosaki and guest George Gammon discuss the financialization of the economy, the state of the dollar, and the potential impact of a stock market crash. They explore the concept of the economy as a balloon, the role of central banks in propping up the stock market, and the effects of fluctuations in the value of the dollar on debt repayment. They also touch on the potential deflationary impact of rising gas prices, the shift from investing in oil to electric vehicles, and the future value of commodities like silver and copper. The episode concludes with a discussion on the wisdom of investing in assets with no counterparty risk, such as gold or bitcoin, in times of uncertainty.
www.richdad.com/
Facebook: @RobertKiyosaki
/ robertkiyosaki
Twitter: @TheRealKiyosaki
/ therealkiyosaki
Instagram: @TheRealKiyosaki
/ therealkiyosaki
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Please read carefully.
This is not financial advice. You may be asking, “What does that mean?”
Let me explain…
Do not just do what I, my team, or my guest say. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions.
YOU must take responsibility for your future and your success. That is why you are here. Neither I, nor my team, nor my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose.
We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees.
Also, understand that we are REAL teachers. We practice what we preach. With that in mind, we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations.
Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.

[@GillerHeston]

In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.

[@sarahfletcher01]

Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid crisis, and even pull it off easily in a favorable economy. Unequivocally, the bubble/collapse is getting somebody somewhere rich

[@yung1448]

I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or markt condition, but such executions are usually carried out by investment experts or advisors with experience since the 08' crash

[@sarahfletcher01]

True, I'm quite lucky exposed to personal finance at early age, started full time job 19, purchased first home 28, got laid-off work at 36 amid covid-outbreak, and at once consulted a well-qualified advisor to stay afloat. Thankfully, my portfolio has maintained steady growth ever since, amassing nearly $1m after subsequent investments to date

[@yung1448]

this is quite huge! much more info needed please, what did you invest in ?

[@sarahfletcher01]

Isabelle Chloe Scott is the advisor that oversees my portfolio, she's an extremely intelligent person, very thoughtful, cautious, and has a great deal of expertise, it's easy to find her on the internet.

[@BrianaLopez1110]

*Amazing content, You remain the best!! It's been a year since I found ways to improve my finances and by working with a renowned professional, I was able to attain financial independence. I have to say this ; “As long as you are determined and work hard, you can achieve whatever you place your mind on.”*

[@BrianaLopez1110]

In the past , I tried tons of ideas both smart and foolish. My smartest idea was employing the services of a renowned professional *Donald Nathan Scott* (who resides in USA). I will talk about him all day because I was able to invest , plan my finances and secured financial independence through his services.

[@BrianaLopez1110]

*DONALD NATHAN SCOTT* is my professionaI, I looked up his name on the internet. Luckily , I found his contact info and reached out to him.

[@christinabecker5495]

I worked for others until I met Donald Nathan Scott , 3 years with him and my retirement feels amazing. Now I tell anyone who cares to listen : “To build a passive income that pays , work with a Financial planner and before you invest , get help from a Financial Adviser”.

[@cyber8351]

My Husband and I bought 700 ZOR55T and are excited to see what happens.

[@andyle9443]

just wonder where did you buy it?

[@elmesiasjuegostutoriales8739]

This ZOR55T is awesome... Please make more videos like this, especially for current topics, things that are hyped and stuff that are easily misunderstood.

[@edward.abraham]

The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

[@james.atkins88]

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?

[@hunter-bourke21]

Well I recommend you make a diversification plan because it's been harder to build a good stocks portfolio since COVID. My colleague suggested I hire a brokerage Adviser, and I've actually made over $457k with their help during last market upheavel. They used defensive strategies to protect my portfolio and make profits despite the ups and downs.

[@rebecca_burns14]

@@hunter-bourke21 I find this intriguing. Could you please provide me with the means to get in touch with your Adviser? I am concerned about my dwindling portfolio.

[@hunter-bourke21]

"Camille Alicia Garcia, maintains an online presence. just make a simple search for her name online.

[@Believer292]

I located her, sent her an email, and we set up a call; hopefully, she will answer because I want to end 2023 on a solid financial footing.

[@ceritaceria4912]

ZOR55T is not just about speed and low fees. The most important thing you missed is it’s scalability!! So it is fast and cheap yes, but that’s not where it wins. It’s infinitely scalable. Get your head around that! That’s why it’s a game changer.

[@mohammadrobiulshordar9863]

Am not doubting the fact that ZOR55T has the potentials of making a crazy run but what we should all be looking at is its innovations and scalability too.

[@chandlerious]

As a big fan from China, I've been reading Robert's books since high school (not in classroom of course). Now in 2023, China's economy is much worse than what is reported officially. Meanwhile, I assume the U.S is also struggling financially due to repetitive paper printing throughout history. People need to pluck up courage to identify real problems and look for real solutions. Transform yourself from the majority into the minority, whether you're living in Beijing or Washington, whether the balloon is flying up or crashing down, in order to survive this decade.

[@aniwee17]

I am afraid that the goal is global depopulation that is the plan at work devised by some very rich and powerful people in this 3rd dimension reality.

[@nas_wigo3020]

This situation is the same here in France, let's invest on gold, silver and good cryptos

[@DutchLibertarian]

Bingo and no support for Anny war! hi from clownworld aka the Netherlands 👊🏻

[@nzbuzzykiwi369]

Much respect dudes from new zealand

[@imchrisme5514]

I think the problem is nobody can get close enough to the money supply to control it without filling their own boots!

[@thunderomg9576]

The ZOR55T by Amazon is a force to be reckoned with. This revolutionary technology will change the world, and you dont want to be left out of the conversation.

[@Groove_street157]

ZOR55T price action has been insane. Really wish I didnt dump when it was at 0.11 (0.47 right now).

[@Mianzain355]

The time has come that Amazon and the ZOR55T change everything we thought we know

[@realtalknikkie]

From 2:34 -3:02, your audio is cut, and then you're back. You must have been giving some very important information for them to cut you off like that. Thanks for the information you share 🤗

[@lailaalfaddil7389]

The greater the automated income you can build, the freer you will become. Taking the first step is the hardest, but 5 houses later living off automated income since July 6, 2020. You’ve got to start taking steps to achieve your goal.

[@susannnico]

What kind of investment would you advise? And what is the best way to follow it?

[@venktesh6600]

One has to work 16 hours in the beginning to get rid of 8 hours job it seems..

[@blasphemy303]

@@soumya_dadicap

[@hardcoremlif5471]

Good content. Would be great to see your ZOR55T portfolio. you mentioned that you will let us know how much you hold,

[@aureliobjm]

Funny thing is that this global financial crisis might end up being a part of us for a very long time. With inflation currently at about 9%, my primary concern is how to maximize my savings/retirement fund of about $620k which has been sitting duck since forever with zero to no gains. Reliable inputs please.

[@MarvishaN]

I'd advice you read up some good books on finances & investing, or just you get yourself a financiaI-advsor that can provide you with entry and exit points on the shares/ETF you focus on.

[@georgeh.5126]

Having an lnvestment advser is the best way to go about the market right now. I've been in touch with a coach for a year now mostly because I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I nettd over $470K in profits so far, Its clear there's more to the market that we avg joes don't know that Investment advisors know.

[@aureliobjm]

@georgeh That's impressive!, I could really use the expertise of this advsor, my portfoIio has been down bad. Please who’s the person guiding you?

[@georgeh.5126]

The adviser that guides me is HEATHER LEE LARIONI. She works with Empower FinanciaI services near my old office so I see her often to discuss my business. There are a lot of independent advisors you might look into. But for me, her strategy works hence my result. She provides entry and exit point for the securities I focus on

[@aureliobjm]

@georgeh She appears to be well-educated and well-read. She seems proficient considering her résumé. I ran a Google search on her name and came across her website; thank you for sharing.

[@DanXRP]

Always great financial content Mr.kiyosaki 👏

[@Raymondjohn2]

I don’t know how but you’ve managed to package an unbiased analysis that is more entertaining than the sensationalized segment of economic and financial news. Thank you for your efforts to be the signal and not the noise. I understand that the economy is currently in a downturn and that we must wait for things to get better

[@audeywolsh]

As hard as it may sound you can plan for the recession. If you are working, find extra work and get an Invest--advisor. Protect your deposits by having enough cash in short term fixed income. Then cut your expenses. Minimal insurance, cut utilities.

[@maga_zineng7810]

I think the current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner

[@CraigChap_6898]

Exactly why i enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over $800k.

[@audeywolsh]

Even if you have a humongous income you still need to draw up futuristic plans because anything can happen. One could lose one's job or whatever. Investment cannot be overemphasized. About your advisor, how does one reach pls

[@CraigChap_6898]

It would be a very innovative suggestion to look out for Financial Advisors like Catherine Morrison Evans who can help shape up your portfolio. Trying times are ahead, and good personal financial management will be very important to weather the storm.

[@allaboutstress361]

Great conversation Robert, George, Kim. Thank you

[@georgefontes1306]

THANK YOU.

[@DaChooms]

I’m 15 and I’m glad I got saved by your videos

[@lubosimaboshe]

this is why Robert wrote ''who stole my pension'' - because now them pensions have been looted via inflation-awesome show - buy gold, silver and bitcoin

[@deedevries1123]

Wow, two great guys together!

[@deedevries1123]

Get rid of the dollar. Buy hard assets, land, gold and silver. I am even going as far as buying non perishable goods like cleaning supplies, t paper, any thing you will need in the long term. These things will sky rocket as the dollar decreases.. Hedge the dollar.

[@darrencorrigan8505]

Thanks, Robert.

[@darrenschroeder8914]

In the most masculine form possible.... George your voice is comforting ❤

[@SSBlueVegito]

Sus

[@BIANCA_ADRIAO]

Love these 2

[@silverfoxfinance]

Dollar Milkshake theory explained. Most debts are in USD , interest paid in USD, inflation makes more USD, need to borrow more USD. Its just a revolving wheel

[@louisebelanger3313]

Hi, the only thing I have now is Silver (I lost everyting) I got the chance now to buy more for 12000 should I buy Gold or Silver?

[@Discovery123.]

50% Gold, 50% Silver.

[@lightbeu]

Thank you.

[@simeceleski9700]

What about investing in whiskey barrels?? Any risk?

[@RickFronek]

Thank you - appreciate the analysis and insight

[@georgefontes1306]

DIFFERENCE FROM 40'S/70'S IS THE CURRENT DEBT TO GDP RATIO. THEN THERE WAS LESS THAN .001% OF TODAY'S DEBT.

[@romonesamuel-fj1px]

Respect 🫡 thank you for the wisdom much love ✊🏾💯

[@denisa.Y]

It’s 33 years ago if you’re saying 1990 😊

[@renevemica2861]

Advice to buy an LLC fundamentals literature?

[@eloymartinez3727]

Good morning from Wyoming

[@johncoffee900]

Thank you for a fabulous show. Mr. Gammon probably has the sharpest macro economy brain in the world today.

[@homouse9659]

Part of a very important coin been talked about in the BCL

[@susanrocksvold534]

Yes White board George Gammon 👏 🙌

[@davidgiraldo9506]

I'm from Colombia and when I was in highschool they suggested to read rich dad, poor dad book in social studies class. Being born in "the magic realism land" the title sounded to me as another soap opera drama book. I didn't pay much attention of course. Later on there there was a soap opera on TV called new rich, new poor. 😂 Was that a distraction to believe that Kiyosaki's book was a drama book? 🙏 you guys are amazing. Thanks for sharing.

[@user-im6fy4qp6m]

one thing we can do is spread the idea of a mass revolt of paying income taxes. safety in numbers, we get everyone to agree at the same time to boycott the federal income tax until this corruption by our leaders and reckless spending is stopped.

[@michaellefevers4248]

My copy of Prophecy is dated 2002 and was my first Rich Dad book.

[@coreyh7323]

Yea, gold and silver are great. I have 2 heavy boxes of silver. But honestly I have no family i can trust and im leaving the country. What should i do with it? If i take it to Thailand they will charge a huge tax. I dont feel like selling it, and storage fees add up.

[@jctr4559]

Take it to a national forest and bury it. From your phone get the GPS reading and don’t lose it.

[@ATCO_MC]

Love this info! Wanted to let you know your videos have been glitched out ! I’d advise working on that. Much love friend s❤️

[@geospherical]

This is ridiculous. Everyone thinks that the dollar has to keep going up like a rocket ship. When it goes too high, like it is right now at a 20 year high, it makes it very difficult for other countries to do business with the United States and it makes it a lot more difficult to pay off your debt if you have it in US dollars.

[@danmumo6804]

hello please check on why the video keeps pausing

[@gilberttello08]

Crazy!

[@dramo8543]

The concept of the ballon is a brilliant idea mr george it has enabled me to join complex pieces and turn it into a simple piece of information

[@Discovery123.]

Should I invested in real estate now Robert?

[@user-ep2nb6vm5f]

What do I do if I followed the norm and have most of my retirement in a traditional 401K? Do I pull it out my investing options are very limited.

[@rickbrodston1800]

Convert small amounts to Roth.. find a T bill fund

[@mariasimpson9628]

To combat the negative effect of inflation, it’s a good idea to diversify your portfolio across different asset classes, such as stocks, bonds, and real estate, since this can help protect your portfolio against inflation. I’ve heard testimonies of people accruing over $550k during recessions

[@albertbrian6448]

For a successful long-term strategy you have to seek guidance from a broker or financial advisor.

[@filipxavier1041]

Undoubtedly, fiduciary counselors possess exclusive access to proprietary information and data sources that are not accessible to the general public. Under the guidance of my trusted fiduciary counselor, Camille Anne Hector , I successfully generated approximately $560k in net profits during the third and fourth quarters of 2022. With such promising results, I am eagerly anticipating the potential for further growth and success in the future.

[@mariasimpson9628]

Interesting, if you don't mind me asking Who is this person? Is she worth recommending?

[@filipxavier1041]

If you are seeking to diversify your portfolio, it is crucial to consult with an advisor. In my case, I have been working with Camille Anne Hector , who can be easily found online and possesses extensive expertise in the financial markets. Engaging with a knowledgeable advisor like her can greatly enhance your understanding and decision-making in the world of investments.

[@mariasimpson9628]

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 e-mail shortly. Thanks for sharing

[@Realg401]

I’m always like that never act like you know everything theres alot to be learned no matter how smart you think you are

[@user-im6fy4qp6m]

you gotta fix these freezing issues in the middle of your podcasts

[@joemismaldonadoRx7]

Good morning everyone

[@exceptionallyskeptical587]

Since inflation metals and crypto have been in the same range. It still takes around 2k for oz gold it's still around 20-23 dollars for oz silver.

[@PeterSilvester]

Hi Robert, do you buy Dore bars? I have 500 Kilos and 500 kilos of loose. Can be refined further before acquiring. 96 to 98%

[@abnashibanga2806]

It's come down to this, who do you want in charge of your finances.

[@deadskullie]

In today's economy, the value of a million dollars has diminished significantly. Factors such as inflation have eroded its purchasing power, making it insufficient for a comfortable retirement for many individuals. The discussion emphasizes that for a secure financial future, especially when considering long-term factors like inflation, individuals may need to aim for a financial goal higher than a million dollars.Considering the diminishing value of traditional currencies, it's time to diversify and look into crypto trading! With the potential for high returns and a hedge against inflation, cryptocurrencies would be the key to securing your financial future. Dive into the world of crypto and stay ahead of the curve,I've personally benefited from following Cassey Filmore’s trading tactics, amassing 23 bitcoins in a short seven weeks period of day trading , which speaks volumes about her expertise in the market.

[@deadskullie]

[ CasseyFilmore] VlA Te le gr amm…..

[@richylex]

I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience.

[@Deonnabailey30169]

Cassey is actually a good place to start. She manages my potfolio too. Very commendable.

[@schlof12]

Cassey Filmore that's my licensed Financial advisor you can easily look her up, Thank me later!

[@johnbro23]

Personally i Think the pandemic has taught people the importance of multiple streams of income, unfortunately having a job doesn't mean security rather having different investments is the real deal.

[@lawsonlawson9806]

I had read that Japan sold 900 billion $ worth of bonds recently?

[@scotttovey]

You said that the economy is based on assets ownership. But you did not say what the economy should be based on? Can you give us some details?

[@visions91]

These guys read each other's minds.

[@hms3769]

Didn't they take the silver out of dimes, quarters, half dollars and dollar coins in 1965, not 1964?

[@georgefontes1306]

THE END OF ~90% SILVER WAS AFTER 1963 U.S. "CONSTITUTIONAL/JUNK SILVER COINAGE." 1964 KENNEDY HALF DOLLARS ARE 40% SILVER.

[@georgefontes1306]

1992 S DIMES WERE SOMEHOW MADE WITH SILVER. WITH THEIR SCARCITY, THEY ARE CURRENTLY VALUED MANY TIMES SPOT. UNCIRCULATED MAY FETCH THOUSANDS AT AUCTION, EVEN LCS(LOCAL COIN SHOP). ONE SOLD LAST YEAR FOR $2K AT AUCTION.

[@martinluke9470]

Not are we. We are in it, and have been for a long, long time.

[@Myscentsei]

Dollar still holds the throne 👑

[@blasphemy303]

You learned nothing from this video

[@raspompespodcast4642]

Good afternoon Robert and your listeners it Ras Pompe from South Africa, thank you for the knowledge

[@vintageretro2562]

Wheres the Andy Schectman video ?

[@user-oc4zo7qe2w]

Robert do you think it’s possible for gold to be tokenized?

[@jacobvanveit3437]

Already is

[@prakash.srn.17]

Give me your gold. I’ll give you tokens 😅😳

[@user-oc4zo7qe2w]

@@prakash.srn.17 you couldn’t afford my gold 😂😂😂

[@jacobvanveit3437]

@@lepton31415 poo coins

[@prakash.srn.17]

That’s the point I was making bud! I don’t have to buy your gold, I’m just giving you tokens instead. That’s the scary thing. Who is auditing The system enough that you can trust it?

[@sebastiancioek5970]

You Guys and Mike Maloney - three musketeers of Finance ;-)

[@niico_pj7989]

Hes so happy about the Recession coming in, like hes super excited to be witnessing it.

[@LeadingPaws]

It’s because he’s been saying it’s coming for 40 years lol

[@Administrator7]

What does George Gammon know about Semper Fi

[@michiglenn]

Love ya Robert, but please let your guests SPEAK. You try to control the narrative too much & it often sounds like an echo chamber with every guest you have on. You have so many great guests, like George, on but you constantly limit/control their message and/or you push the same old experiences/topics/narratives/etc. As a beloved fan, I greatly respect your service & experiences in life. However, we have so much to learn from these guests but I often feel like I’m listening to the same message over & over again from different guests w/ a wealth of information & experiences. Please give your guests more freedom to talk!

[@venktesh6600]

I haven't felt like you so far, it looks like that but he tries to simplify the talk for the sake of his audience. If you listen or read Jim Richards etc., you get tired very soon. Though they are well learned but RK understands when the talk is going over the heads of laymen. That is why he was able to sweep the global population with his path breaking books and no financial guy has achieved it so far. Moreover, RK genuinely gets overwhelmed by different experts knowledge and he brings them on his platform for people's sake. Even those who have theories against his thinking like Dollar milkshake theory etc., don't bite the helping hand, people's ego hurts to follow simple things, like when RK says silver coin buying is possible for every layman, but they don't do it. is a great advice. We don't do it just because of our ego and ignorance.

[@jordyhumby]

Kim Kiyosaki is such a strong woman.

[@T-AH-LOW81]

Look at uncle Rob With the fly slick shirt😂😂😂😂😂

[@jordyhumby]

Like the metaphor about toilet paper and being full of poop.

[@user-sb5tz8mh3t]

Do a special on the velcrow wallet

[@maricel4083]

Its okay reached that. Soon we use the 1936 gold.

[@kasianbeauti2473]

If you had an extra 1500 a month how would you invest that money?

[@Florida_Woman]

Food and bullets

[@user-oc4zo7qe2w]

Gold and silver is a must, also you can invest and compound your interest.

[@harlzberg6068]

Invest 10% in precious metals, invest in yourself with knowledge courses, buying supplies for a future business, keep property maintained: furnace, pipes, hot water tank, a/c, vehicle maintained etc.

[@jeven9309]

How much toilet paper for that shirt Rob.

[@asphalt4life572]

😮 market correction 😮

[@lazonya604]

Hey guys, why don’t the US and Canada start a new currency called the North American dollar? You heard it first here

[@AlexTheULF]

I heard of a North American currency briefly a decade ago but it also included Mexico.

[@lazonya604]

@@AlexTheULFthat would be cool too. Do it like the euro but better

[@LeeuwAdelaar-xe7hh]

Last buy some more fisikol gold and silver ⭐👍

[@jillybe1873]

Oh I've seen this one

[@hoplourd]

SOMEONE explain this to me. PLEASEE. To ask for a loan in a bank, I need a job, right? Can someone explain to me how he can get loans of 300M??? So many DUBTS.

[@user-oc4zo7qe2w]

Haha no you need financial education, to be able to get a loan from a bank you don’t need to go to work, if you have assets in your portfolio to back you up for your loan you want from the the bank then knows you are able to pay it back. When you go to work you have to invest as much as you can in the right way, for 5/10 years then you have capital to use to start you off. Then flip the properties plus once you have a house you can borrow money from the bank at 60/70% of the value of the property. This is why he his able to borrow so much money 💰. It’s called cash flow learning how to mange that your on your way 👍

[@hoplourd]

@@user-oc4zo7qe2w First, thank you very much for the answer. Second, using the case of most young people who don't have assets, and want to escape the 9-5 job, young people don't have assets. No pay slips. Here in my country, Europe, banks only lend to those who have pay slips.

[@yung1448]

Making money is action and Growing money is knowledge. how do you grow money.

[@yung1448]

l am fortunate for the continuous growth in my Iife recentIy, l’m gratefuI to my mentor who changed my Iife through-lnvestment

[@yung1448]

sear ch her full name below, if you care

[@yung1448]

*•Isabelle Chloe Scott•*

[@angieherrera9055]

What is E V????

[@chandlerious]

Probably Electric Vehicles, Tesla, BYD, etc. Not running on oil anymore.

[@user-oc4zo7qe2w]

XRP AND GOLD BEST INVESTMENT

[@basicinfo2022]

19:40

[@XFinanceYT]

Wait... whos just now realizing this 😅

[@basicinfo2022]

28:25

[@brickinvesting]

We are in a lego recession. Times are tough right now

[@danielkeenan1984]

Fuck he’s always hard for a crash 💥. Since I started watching him he’s been almost eagerly awaiting it.

[@waynehendrix4806]

I feel like I have counter poopie risk in my investment.....

[@NickyHardy97]

Western Currencies vs BRICS gold. What if Real interest rates remain positive as inflation comes down? Banks are solvent because of BTFP financial channels are open. China has to sell bonds lower gold crashes as money continues to be successful into USD and UST

[@FunGamingContent]

another depression is coming and the history has proved it. We need to work on a new currency but also a way to mitigate this problem.

[@rof8200]

George, unfortunately, your analysis is missing this fact: The world holds net $18 trillion of assets against the US. And of that $7.5 trillion in US bonds. The world will shift to local currencies and central bank swaps whilst selling off US bonds. Businesses will just switch over to local currencies.

[@Observator1111]

Who are these people who save money? Really?

[@KasihTuhan22Channel]

Thanks for this! Where do you folks hold your ZOR55T ? on Cex or on ur own walllet.

[@mikeoz4803]

Errr....YE!

[@heathreeves6327]

You bet we are.