Bank Runs: The Major Problem Russia, China, and Cryptocurrency Are All Facing

Check out my new book "What Caused the Russia-Ukraine War": amzn.to/3HY5aqW. You can also read it for free by signing up for a Kindle Unlimited trial at amzn.to/3QMsBr8. (These are affiliate links, meaning I earn a commission when you make a transaction through them. This means that even if you read for free, you are still supporting the channel.)
Russia, China, and the crypto market are all faced the same problem in 2022. Failure to address properly would cause massive instability in the two countries and the complete devaluation of multiple coins within the cryptosphere. That problem is bank runs, an issue that financial sectors have dealt with for centuries. This video explains how each of their problems is unique and what each is doing to try to solve them.
0:00 Parallels in Russia, China, and Crypto
0:49 What Is a Bank Run?
1:53 Bank Runs Are Self-Fulfilling Prophecies
3:20 Sanctions Causing Bank Runs in Russia
4:15 What Is Deposit Insurance?
5:02 How Russia Solved Its Bank Runs
6:50 What Is a Stablecoin?
8:26 The 2022 Crypto Crisis
10:59 China's 2022 Bank Run Problem
Images licensed under CC BY 4.0 (creativecommons.org/licenses/...
From Kremlin.ru:
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Image licensed under CC BY 3.0 BR (creativecommons.org/licenses/...
From Agencia Brazil:
agenciabrasil.ebc.com.br/galer...
Image licensed under CC BY-SA DE 3.0 (creativecommons.org/licenses/...
From Bundesarchiv:
www.bild.bundesarchiv.de/dba/...
Image licensed under CC BY 2.0 (creativecommons.org/licenses/...
From OSCE Special Monitoring Mission to Ukraine:
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[@marcusmoonstein242]

Every video on KZbin that has the word "cryptocurrency" in it's title immediately has it's comments section flooded with fraudulent crypto trading advice. Love it!

[@kennyaero360]

Lets try it here

[@kennyaero360]

Have you ever invest in crypto?

[@marcusmoonstein242]

@@kennyaero360 Yes. everybody is investing in crypto, but not everybody is making a profit. Luckily my uncle told me about John Marks, the famous crypto trader. He makes me $10 000 per month with no risk :D

[@andrewtully3622]

*insert pronouns here* I make 100k a week through this one trading trick! Dm me to know how *insert pronouns here*!

[@gobofraggel7383]

Exactly, and that's why the knowledgeable Mr. Caca-poopoo is the only one you should trust. He turned my 20 turds into 200 turds.

[@doords]

So to summarize 1. Conflicts in any country causes people to dump their currency and go to Dollar 2. Cryptocurrency has been messed up by scams 3. Dont fall for investment scams that promise a high return even if all your friends and family investing in it. Learn to go against peer pressure.

[@ballroomboy]

Bitcoin. Don’t do anything else.

[@doords]

@@ballroomboy Oh I intend to, after it has fallen to the bottom

[@lifeunderthestarstv]

@@ballroomboy just do coins that actually DO something. Shitcoins are the ones that have no actual value or purpose tied to them.

[@GameMaker3_5]

@@lifeunderthestarstv But didn't most of the "Stablecoins" tank in value in general?

[@doords]

@@GameMaker3_5 I think those were fake stablecoins not backed by real assets. But then again most of stablecoins are kind of fake

[@ianng4633]

Bank runs explanations are good, but can you put some lines on maps while you do it?

[@Gametheory101]

I missed an opportunity for a joke about lines in front of banks, oops.

[@LaGrandeBayou]

You probably just misspoken when you said Romanian Drug smugglers as they get there stash from zelenskyy. He’s such a big importer of Peruvian powder, he owns a $31 million dollar mansion in Miami to cut flight time. Also you missed mentioning that Russian cash reserves in 2020 were $5billion. Now with their oil selling globally Russia has an estimated $30 billion in cash reserves. IF Russia collapses it will happen LONG after the United States of Isr3al is imploded.

[@mrttripz3236]

@@Gametheory101 🥁 _badum tsss_

[@leapdrive]

@@Gametheory101 , the only stable coins that will truly be stable will be gold and silver coins.

[@BunBabylon]

@@leapdrive Nothing is stable as long as rich greedy bastards rull our planet

[@fitzwilliamdarcy3328]

Good analysis. Indeed, the lessons why financial regulations were first put in place have been ignored by those who have lost lots of money during this "crisis". History has a bad habit of repeating itself. Governments and banks do serve their purpose after all. Whilst I am ambivalent about people losing their life savings taking risks they do not understand, I am intrigued by the possibility of contagion to financial stability for the rest of us, and ponder whether and what regulations are indeed necessary to stop negative impacts to the rest of us.

[@lifeunderthestarstv]

Yes and no. Cryptocurrency is only failing due to idiots misunderstanding it and just trying to jump in and make cash on coins with no value.

[@Iamwolf134]

Why crypto is in a dire need of permissions, and other regulations; to ensure stability.

[@aces4873]

No laws are needed, people are adults and should do their research before throwing their life savings away

[@peterhessedal8539]

Problem tends to be is that many times the losers tend to be those that trusted the system. While the winners were the architects of the disaster.

[@Aegelis]

Very cool, thank you for the explanation! The summary makes a lot more sense than trying to figure out what's happening with bits and pieces of daily news.

[@3000deaths1]

Really good video. It answers some small questions on the back burners in my mind in reference to bank running in general (With it logically being a self fulfilling prophecy), and it does this while opening my eyes to something I've never heard of (And relevent as it explains why Russia somewhat bounced back to what I thought would've crippled them for much, much longer than it did) Great video. Imma hit the big red button now lol

[@S3eauchemin]

Excellent article. I never really could wrap my head around how crypto works. You definitely gave me a foundation in 10 minutes. That’s rare.

[@ChaosRules57]

en.wikipedia.org/wiki/Greater_fool_theory

[@Kenny-yl9pc]

@@onno_vocks He didnt explain any of that he just explained very superficially how a bank run works

[@bojokowski]

Here is how you learn crypto: Imagine something arbitrary (like money) Then imagine it made by a computer. Boom! You are enlightened and the universe opens to you

[@Kenny-yl9pc]

@@onno_vocks You should better addres the right person so he has a chance to respond to you. I was not the who stated that. Regarding money creation the bank is under some regulations. It can not create/lend dollars infinitely it does not have.

[@kenlieberman4215]

@@onno_vocks The video didn't explain how fiat currency works, it was simply about game theory and how it applies to bank runs. Gov'ts are better equipped to deal with these issues, but he didn't go too in depth. His thing is applying game theory to poltics.

[@articwolf7227]

Love the new channel logo

[@NeoEvanA.R.T]

Long live the line

[@randiaune5219]

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..

[@jamesmurphy9772]

Assets that can make one successful in life

[@jamesmurphy9772]

I.bitcoin 2.Stocks 3. forex

[@lindaedi6320]

@@jamesmurphy9772 You're right

[@lindaedi6320]

But I don't know why people remain poor due to ignorance

[@jameswest416]

please I have been hearing about this Mr Aitor Lorenzo from my colleagues at work. How do I easily contact him

[@bellamorris3566]

La Sra. Philips es legítima y su método funciona como magia. Sigo ganando cada semana con su nueva estrategia.

[@allenlisa8965]

Wow, estoy sorprendido de que alguien haya mencionado a la experta, la Sra. Philips, pensó que soy el único que comercia con ella.

[@allenlisa8965]

Ella me ayudó a recuperar lo que perdí tratando de cambiarme.

[@johnthomas302]

Ella es realmente increíble con sus habilidades. Ella cambió mi 0.5btc a 2.1btc

[@johngloria8565]

Creo que estoy bendecido porque si no, no habría conocido a alguien tan espectacular como la experta Sra. Philips. Creo que es la mejor corredora que he visto

[@henryjaninfer8225]

También comercio con ella y gano $2,600 cada semana. Toda mi familia ha estado comerciando con ella y obteniendo ganancias.

[@patrickkeane4507]

Thank you so much for not having unnecessary distracting music

[@jamestan8266]

Great expectations and beautifully explained. Great love it and good job done.

[@nonononono4068]

The terra thing was worse than it seems based on your explanation. In your video, you explain that the way stablecoins work is that you give the stablecoin operator some $usd, and the operator gives you $stable that is equivalent to the USD in exchange. For example, you give tether $1000 usd, and they give you 1000 usdt(tether's stablecoin). At least in theory, tether has its money in things that it expects are liquid and safe that it can get back relatively quickly if needed. However, terra did not work like this. It is what is called a seigniorage stablecoin. I was going to do a writeup about terra, but I'm not super great at explaining things and if you are interested I recommend you search for one of the many youtube videos on the topic. but to make things short, they had a mechanism where instead of exchanging 1usd for 1ust(terra's stablecoin) you could exchange luna(the terra network coin that is not a stablecoin) for UST and vice versa.

[@Gametheory101]

Yep! If anyone else sees this comment and wants to learn more, I recommend this article: www.bloomberg.com/graphics/2022-crypto-luna-terra-stablecoin-explainer/

[@pmscalisi]

But I thought crypto was bulletproof, right? 😅

[@Kylemsguy]

@@pmscalisi Anyone who tells you this is lying.

[@mecho68]

Like my old man used to say, you play with money, it is just a mater of time until you lose. It is harder to make money actually producing something useful for society but, on the long term, much more rewarding. And another thing, if it would be easy, everybody would do it and get rich.

[@damiion666]

0:12 lol the look on these two door opener guards! They look like they’re both smelling pootin’s nasty dookie as he walked by 🤢😂

[@johnnyb1368]

An excellent and informative presentation. Well done.👍

[@alouie001]

A rising dollar is pounding BTC, Ruble and Yuan. With the US having the highest 10yr treasury yields, capital flows are coming to the US to capture the higher yields and driving up the US FX rates. China is in the demographic death spiral and is based on extreme levels of leverage.

[@Chadmeleon]

dream on westoid. China will shit on the west in every field.

[@Danielleheather1648]

Thanks 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?

[@owenjack7088]

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

[@michaelanderson1803]

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

[@saraezra1106]

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, Mr Nicholas

[@francesjean2499]

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

[@wyattmaya7426]

@@francesjean2499YOU DON'T NEED TO BE SHOCK BECAUSE I'M ALSO A HUGE BENEFICIARY OF expert MR NICHOLAS

[@michalmalak13]

Great video. Hey is that Mount Washington Hotel in Bretton Woods at 7:28 ?

[@Gametheory101]

It is!

[@beautifulblackbeauty8641]

Love your graphics. A big aid in absorbing the info with my adhd. Many thanks!

[@Michael-42]

It’s like Christmas when I see a new video

[@prjndigo]

It would have been far far funnier if someone had started a rumor that coffee filters would be impossible to get.

[@lornalafontaine6434]

You explain every topic SO very well ! Thank you !

[@khomlay3491]

Thanks for your explanation

[@guydreamr]

The amount of spam in the comments section is atrocious. You may wish to look at a good channel spam filter over and above provided by KZbin.

[@MDCDiGiPiCs]

Liked and shared as per every vid you put out William. Your channel & Perun are in my opinion , the two most valuable on YT. Well done again & thank you.

[@Gametheory101]

You're the real MVP.

[@MDCDiGiPiCs]

@@Gametheory101 hi William, I don’t know if you have seen any of Perun’s presentations, but I think you might find them interesting. kzbin.info/www/bejne/qXfQppqDfNFni9E

[@victoriameyers5870]

I love this presentation. Explains so much!

[@v.britton4445]

Very informative !!

[@mikezilla4053]

I live in Chicago… just took out 15k out of my bank (5th3rd) and the bank said they didn’t have enough 🤨 so I took what I can then went to 2 other banks in the area.. they all said the same thing. I assume we are experiencing it right now in America but people are to stupid to understand what’s going on.

[@lomborg4876]

The last thing you’ll want to do, when your currency is worth nothing, is to “print” more of it. That’s how inflation is increased.

[@v5k456jh3]

That buys the rulers a few months to gtfo, like in Sri Lanka

[@paulperry7091]

Yes, but psychologically people would rather have a note worth nothing, than nothing at all.

[@lomborg4876]

@@paulperry7091 that will only make the situation worse, as that piece-of-something quickly becomes a piece-of-nothing. The problem is that production costs are making products more expensive. The government must find a way to lower production costs, or limit cash-flows to make the currency more valuable.

[@kaputalist1971]

Well presented.

[@jullietetrinh1549]

Thank

[@anthonycollins5505]

ACCURATELY SPOKEN to INVESTMENT EXPECIALLY IS REALLY PROFITABLE NOWADAYS

[@MaryJames-hq8lt]

Bitcoin is the most profitable investment online if only you trade with a professional broker

[@filee9125]

Share your personal success stories

[@fatimagarba2676]

How do I get a professional broker I have been wasting my time trading on my own and blowing up my account

[@graceayuba4078]

Buying now is not a bad idea especially now that the current rise of bitcoin is high

[@donnacarol7483]

he's man made of FX

[@benjones1717]

I heard (on youtube) the toilet paper shortage was also that everyone was at home so not pooping at work - so big work loo-rolls weren't getting bought and instead more small home loo rolls were getting bought. Also the just in time supply chain seems to have been exposed as a grift imo.

[@CrocodileWhispers]

This might be the dumbest thing I have ever read on KZbin

[@evilspacemonkeyman]

Nah, JIT isn’t a grift. It’s highly profitable! True though, it’s more dangerous than juggling a thousand loaded pistols with the safety catch off.

[@leeowen4989]

@@evilspacemonkeyman Just in time works perfectly well so long as everything is working as expected. The problem is that it is too fragile and a badly timed sneeze can bring the entire thing crashing down.

[@evilspacemonkeyman]

@@leeowen4989 No kidding huh? A flea farts in the production line, and all hell breaks loose. Penny wise and pound foolish. Not to mention in for a pounding. Greed is a powerful drug.

[@jplabs456]

Oh my word, a video with NO lines on maps! Amazing!

[@memazov6601]

Like the new logo btw

[@GlucoseGuy]

This was a very interesting video. I would have thought that electronic transaction world we live in, would effectively stop runs on banks. I'd be curious to hear more about what would lead to businesses to stop taking electronic payments.

[@brahmburgers]

Runs on banks will be a possibility as long as there are banks. I invest in tangible things that are useful, like fruit trees. I also make bundled drum sticks from local bamboo. Crypto and banks just manipulate other peoples' money, but produce nothing useful. Nada.

[@sleepymarmot7047]

@@brahmburgers I agree:! It may make the fortune of a few, but the downfall of plenty. Money going to money is just a way to say : FY all, I've got a yacht. Now, pay for it!

[@khanch.6807]

@@brahmburgers Crypto is like Fiat currency but without government oversight. Cash money doesn't also produce anything. It's just paper.

[@brahmburgers]

@@khanch.6807 Crypto comes from real cash and, when it's used, is usually converted back to real cash. You're right, they're both currency, per se. Crypto sits idle in dark recesses of hard drives. Cash is out in the marketplace. One of the few uses of crypto, for buying a Tesla car, ... is now unaccepted for that. There are/were companies which loaned real money against crypto, but those companies have gone belly up - because they needed constant influxes of real money to stay afloat, and the loaners (of real money) said, "that's enough. We've pumped billions into your biz, and now the spigot is off. Pay us back what you owe us, ... in real money, not digital hocus pocus money."

[@khanch.6807]

@@brahmburgers Define "real cash" or "real money". The only reason people want dollar is the US has bullied the middle east to sell their oil only in dollar.

[@eslynx3704]

11:09 “Chinese law dictates that citizens are limited to using local banks for their savings." This is not true. The restriction applies to the banks and only small local/regional banks(often has village/town in their names), not depositors. They shall not get deposition from outside their registered operating regions. (Someone in control of those small banks did some shady business and most of those savings from all over the country didn't actually went into proper bank accounts is likely what happened but who knows.)

[@bdcochran01]

Yes, that is what happened. At least $6 billion was diverted into improper accounts and disappeared. Not surprising given a number of factors beyond general corruption. The way that localities fund civic services guarantees pressure of local bankers and developers to take shortcuts and also avoid governmental regulations.

[@armchairwarrior963]

Not really a central government problem but a local corruption problem. I hope they get the corrupt officials.

[@Birdylockso]

The "Madoff" guy responsible for this fiasco has already escaped to the US. I'm sure they will bring the corrupt government officials who collaborated or enabled him to account. Probably death penalty.

[@ablam8]

@@armchairwarrior963 I believe China will pay out the depositors who lost money, and they will find and probably execute the bad bankers. China has 3 Trillion in reserves, and nearly 1 trillion on loan to USA.

[@nuggetoftruth-ericking7489]

This was very interesting.

[@unclefrankindia]

great explanation

[@supercalifragilisticsee]

If those governments don’t honor those deposits that would be very corrupt and they would deserve the civil unrest. Great video, thanks!

[@kervensvincent9814]

Q.ww

[@neeneko]

Depending on the scale, it is not a case of choosing to honor them, but if the banks/state/exchanges CAN honor them.

[@supercalifragilisticsee]

@@neeneko if people put their money there, there’s no excuse. Thats literally fraud.

[@neeneko]

@@supercalifragilisticsee That is how banks work though. you put money in, that money is lent out. If banks had to be able to cove 100% of their deposits, there would be little reason to have them, and we also would not have things like 'loans', unless you also believe that banks should be able to demand people repay their mortgage in full whenever they ask.

[@supercalifragilisticsee]

@@neeneko either way it’s sick how society has normalized predatory behavior.

[@bobcat8439]

There is 6 trillion dollars in the banking system in the united states the government only insured 100 billion dollars

[@vlventureworx1776]

Hard to understand when they can make new credit. Visa mc debt cards vs xxxx cash

[@gregtaylor9806]

Very interesting video. Good work

[@eCitizen1]

We are seeing the tip of the iceberg for Chinese and Russia economic retractions. It is nice to see someone else acknowledge this. I've been sounding the alarm on China for 2 years and predicted Yuan 20:1 USD. Since sanctions went into effect on Russia, it is just been a matter of time for the Ruble to crash hard, I predicted 288:1 USD. Cryptocurrency is a lot trickier, it could move in either direction from here, but most likely up.

[@bobjoatmon1993]

Ultimately, crypto is a fools game. And FYI I used to mine Bitcoin when it was under $140 with 5 regular old PCs but understood that someday it would shoot up but then fall.... And I just ethically didn't want to participate so that when that someday came I would have some responsibility for the economic damage others would experience. It's called "enlightened self interest" and the world would be a better place if more people followed it.

[@paullangford8179]

All crypto currencies are like the tulip bubble. High prices for a while, then crash. Crypto has NO intrinsic value.

[@MrDwightsimon]

The fools are what make 100x gains possible!

[@bepitan]

@@MrDwightsimon ...yep, for every winner there is a loser.

[@MrDwightsimon]

@@bepitan Losers are necessary. It's not my fault! Crypto bros never learn their lesson. If you don't take advantage of them someone else will! Better me than Blackrock

[@advancetotabletop5328]

I understand bank runs better than stag hunts. Thanks for the video!

[@frankdavidson644]

Information interesting.

[@Hardcore_Remixer]

I kind of feel great for crypto falling. I mean, if you look at it, then it is nothing. They take money in return for 'guarantees' (the crypto coins) which are nothing. Then they trade nothing for another nothing hoping to get something. And when you want to take your money back, you may get... nothing (or at least less). This is the problem with currency descentralisation. It counts on good conditions, but since when are good conditions guaranteed? They aren't, so are the moments when you may want to take your cash back. Edit: Even though I'm against the war in Ukraine, I see that only Putin has taken the good way to solve such problems. I wonder why he didn't just make a new kind of roubles to replace those that were (and are still) stuck outside of Russia. That way the roubles outside Russia would lose all of their value to Russia instantly. Though, I don't know all the rules, so I can't be 100% sure on this.

[@doomedwit1010]

Wouldn't that also make the New Rouble worthless outside Russia for fear Russia would do it again? This means no more trips to Turkey, no more buying stuff From China. The big problem is I suspect there are people in China who hold Roubles. And Russia cannot afford to do anything that hurts China, Russia is dependent on them.

[@Hardcore_Remixer]

@@doomedwit1010 Now I see why that wasn't an option.

[@v.s.o.poodah]

If Putin put billions into the crypto market he could have manipulated it and paid his citizens in crypto

[@Hardcore_Remixer]

@@v.s.o.poodah Crypto is unstable and most likely crypto would have jumped on his head as well just like all the other sanctions. It would have been just another way to be sanctioned. By allowing gas exports to be payed in rubles he made that front his own instead of expanding it.

[@Rick-kw2ti]

How is Crypto not a bunch of Ponzi schemes combined with spectacular online assisted pump n' dump hoopla.

[@kevinquinn7645]

Traditional Cyrpto Currency: There's an oxymoron.

[@robbiekop7]

There are over 18'000 different types of Crypto with new ones starting every day.....it's an accident waiting to happen

[@herisuryadi6885]

@@robbiekop7 i didnt even know theres that many!

[@robbiekop7]

My friend was looking into some Russian start up Crypto companies before the SHTF 😩

[@beetlejuice9100]

home-work well done.10

[@hadrianos1]

Interesting!

[@elizabethlaura6811]

HELLO MRS CLARISSA THE BITCOIN TRADER IS LEGIT AND HER METHOD WORKS LIKE MAGIC I KEEP ON EARNING EVERY SINGLE WEEK WITH HER NEW STRATEGY

[@festusshedrack4852]

Wow I' m just shock someone mentioned expert Mrs Clarissa I thought I'm the only one trading with her

[@festusshedrack4852]

She helped me recover what I lost trying to trade my self.

[@jerryjohn6525]

Can I invest from Australia

[@patricajego2739]

@@jerryjohn6525 I'm from Australia and I have been Investing and earning massively with the help of Mrs Clarissa, all thanks to her

[@progressbucks8709]

Wow I just make my second withdraw again today trading with expert Mrs Clarissa

[@bobjoatmon1993]

Note that the US FDIC simply doesn't have the resources to stop a country wide bank run. I've read reports that even ONE major national ( /international) bank could crash the system even with all the new protections added since the last crisis.

[@nehpets216]

A lot of those protections were removed between 2016 and 2020 as Dodd-Frank was cut down

[@bobjoatmon1993]

@@JohnSmith-uy2jg so what's your point with your post? Yes, I know what happened with that but there are THOUSANDS of interpretations in the financial media as to why it happened and what was done to resolve it. You might as well not have posted if your going to waste everyone's time.

[@acajudi100]

Always be prepared.

[@tuvoca825]

Pre-pandemic, I couldn't get a small check cashed at a bank because they didn't have it. Apparently the 20% they are required to have on hand? Can be "down the street" and "shared" as the same cash for all of the banks involved. In ither words, if 5 banks need x dollars each, the only have that number between them, not for each but for the total. So the reality is that 20% is divided into five if they all have the same run. In other words, it's all digital. The cash isn't on hand anymore.

[@michaelsandy2869]

I just love the line "traditional crypto currencies". You know, like there are the 'respectable' Multilevel Marketers, and the 'respectable' Ponzi schemes, and then there are those 'other' guys.

[@jurgnobs1308]

lol not really related but it reminded me how MLM fucks in switzerland love to quote our ex economic minister because she once said ahe thinks direct marketing is the future. like... that statement is weird in the first place, but there are other forms.of direct marketing than MLM lol

[@edwardspencer845]

*Nice content👍. To me, trading the forex and crypto market is way better than any online investment* 💯

[@jonathanphillips4929]

You are right, but the market is more profiting this days if you are using really a good broker or an expert to help out with trades or provide signals. That's the most ideal way to jump into the crypto market these days else you might end up blowing up your account

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[@johnnyfrancis3491]

My first experience with her gave me the assurance that has made me to invest without fear of loosing.

[@OldSalior44]

may i suggest you read "Modern Money Mechanics" very enlighting.

[@matrixfull]

You have such a great presentation ..such a great videos..It was refreshing to not see those lines on map for once ...sorry I know you love those... But yes thank you for video!!!

[@Gametheory101]

I’m still regretting not putting in a “lines at banks” joke.

[@mariem.redden1115]

Predicting< a reversal of a trend is risky, and even worse, I believe there is more to this market than we understand currently. When people are losing, they don't aim to increase their average, but that can only change if you have a personal trade guide and signal provider like that of Anika Hobson which has made me almost 9.5 on a 2 btc Trade capital over the last 3 months. Make the wise decision. Markets fluctuate in cycles that can last anywhere from a few days to several years. In the case of B -TC, it's difficult to make a bullish case simply from looking at the charts.

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This is very impressive , meeting Anika Hobson has been a blessing , I never thought I would make so much profits in such a considerably brief period of time.

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Building a good investment portfolio is more complex so I would recommend you seek Anika"s support. This way you can get strategies designed to address your unique long/short-term and financial dreams.

[@pattilucas5505]

Hey, I am trading and with Anika Hobson and it makes so much more sense now! Every day I learn more, things coming together now.

[@ajkelly2188]

This season has been really great, I've been making massive profits on all my crypto investments, all thanks to Expert Frederick Joseph.

[@lucystan]

OMG!!! You really trade with FREDERICK? Thought people don't know him that well... He's really awesome.

[@ajkelly2188]

@@lucystan Yes I know him, he's really good at whatever he does

[@joycewiley7959]

To be honest I invested as low as $1000 because I was skeptical initially, receiving my profit gave me more confidence to reinvest.

[@andrewnorth5751]

My previous trade with him gave me a total profit of €42,000, so I am definitely going for a new trade this week.

[@taleshacolegrove3141]

My friend just received €7,050 profit after 10 days of investing I became jealous.. Lol

[@stevenevans490]

Good

[@MorrisDugan]

I read a more detailed analysis of the toilet paper shortage. It also had to do with people staying home more at the beginning of the pandemic, thus needing more toilet paper, and most commercial type rolls (for offices, gas stations, etc.) not fitting home bathroom paper holders. The manufacturers had to ramp up home paper production, and that took a while.

[@Piaseczno1]

Hang on, Morris. The dredges of the office world were initially pilfering rolls of toilet paper from their employers, thus creating strong false demand from the industrial sector at the beginning of the pandemic. Shame, shame on those office people.

[@canadude2010]

It would be nice if Russia and china collapsed but sad if crypto did….

[@theamsterdamguy1833]

Most probable the Eurozone will collapse first. Euro's dropped below 1:1 against USD, and there is no way for them to counter inflation without starting another debt crisis. I won't worry too much about the Russian and Chinese economies now though, they are more or less the only 2 large economies still running trade surpluses. You know time is running short when traditional export economies like Japan and Germany are running trade deficits.

[@ericdeniz5413]

I'm actually glad cryptocurrency is actually dropping and i hope crypto miners would go bankrupt . I've been saving my money to buy a high end pc but because of those miners i can now only afford a friggin 1660ti pc . It's not just me having problems with crypto miners , it's everyone.

[@aaroncabatingan5238]

Those bastards need to disappear. Preferably soon. Crypto is useless.

[@stephenharris3427]

From dust you came from to dust you shall return crypto was invented from nothing in the cyber world and shall return to nothing in the cyber world ?

[@Jaiyro]

Its not because of crypto miners that graphics cards cost so much its just a well spread misinformation

[@ericdeniz5413]

@@Jaiyro how? I would gladly readjust my view if you could tell me the reason.

[@Jaiyro]

@@ericdeniz5413 Dont get me wrong they're A REASON, sure. But merely one of many. They don't deserve the whole blame. There's lot of scalpers who buy them up and resell them higher. Since the covid 19 pandemic demand of GPU and all chips/computer stuff went up and scalpers also capitalized on that even more. Gaming industry is growing too and so frankly gamers are also driving the price because of this up lately. More GPUs for PC gaming has been sold lately last couple years than for crypto mining In regards to crypto bitcoin for example doesn't even use GPU's. Well you can but generally not as effective. Some coins do use GPU like Ethereum. Some just use CPU or even internet. Heck a lot of them you can't even "mine" period.

[@OrionTheta1]

Can I get a Coles Notes on that Book pls. ;)

[@heidemarie2878]

Nice

[@averageyoutuber7252]

What a great title. Can’t believe it tricked me into watching a 15 minute video on basic liquidity lol Curious to see how 2022-2025 plays out for Russia/China. It’s looking like the beginning of the end… Europe signed a death pact and they’re dragging Russia down with them. China has 10 serious structural issues and economic slowdown is bringing them all to a head this decade. Maybe Peter Zeihan wasn’t so crazy when he said the PRC wouldn’t survive to 2030, at least without major structural changes

[@Gametheory101]

2021 Me: This is a video about liquidity in banking, so that's what the title should be. 2022 Me: This video is genuinely interesting, but people don't think liquidity in banking is very interesting. So let's definitely not title it that, people will still watch and be happy, and everyone will be better off as a result.

[@armchairwarrior963]

The West been saying China going down for literal decades. US is more likely to go, due to many more issues. From lack of infrastructure investment to white's being only about half the population. Infrastructure is failing and getting old. A culture don't survive group that makes up majority of that culture. Woke diversity culture is just the beginning of the end. A literal ton more problems. Too long for a comment section.

[@rosiepatrick2775]

I will forever be in-depted to you Maureen Leo you've changed my life, I'll continue to preach about your name for the world to hear, you've saved me from a huge financial dept without minding my bad credit score with just a little investment🇺🇲🇺🇲

[@gregmunsey7272]

You're right, that's why I invested with her into assets like cryptocurrency and some stock.

[@kimberlyjames8753]

I got 90% of my total portfolio in Crypto and it has been great returns with Ms Maureen Leo.

[@aloypascal2799]

I stopped taking loan to pay bills ever since I got her ref, indeed Ms Maureen has been a help not only to USA but the entire word.

[@helensteve2817]

Crypto investing has brought me great success !!! Irrespective of the economic dipression I can boast of over $9,000 dollars every week on my investment. Thank you for your focus on quality . stock Maureen.

[@katrinachester6116]

Investing.in stock s is a good ideal , a good tradlng system s would put you through many days of success

[@stevencuthbertson2756]

This was a great article gave me a better understanding of how cripto works. Reminds of the pyrmed skeems we would all go to houses remember that ... Discovery Bay Calif

[@johncorb2104]

How cant the rouble jump in value? What is it compare to when roubles are only useful in Russia, no one would take them?

[@charzheng1832]

Your explanation is very on point. However, your personal opinion (or analysis) are way off. Russia's problem are solved initially with capital control, increase interest rates up to 20% (now much lower) and finally demanding ruble for energy purchases by westerns nation. It was a economical attack by the Western countries and openly stealing Russia Euro and Dollar deposited in western banks (illegal). With Crypto it is a traditional bank run where lenders lend out crypto or money with fixed date terms, but did not do the same with depositors. Therefore depositors were enjoying long term deposit yield but without the long term redeem dates. Crypto market drop is not because of Luna UST collapse, it was the selling of assets to unwind leverage, and bank run withdrawals. As with China's bank run, it was several local county banks the collapse, these several banks cease to operate, therefore depositors were unable to withdrawal. The banks failed to file for depositors insurances, therefore initially the central bank can not do anything about it. After the protest and the escalation to the regional government with the petition of the local government , the Central Bank took over the situation by merging the failed banks with an regional bank chain to assume all assets, liabilities, and depositors accounts. The central bank will cover the depositors. These procedures are also used in the U.S.A. The Central Bank of China, just like the FDIC and Federal reserve, they can print unlimited amount of paper money. Therefore your opinion and logic does not make senses here. Please remember, China is huge, there are 100,000 banks, and credit unions. The central government and central bank can not and will not be able focus on every little issues that comes up. Just imagine the Supreme Court of the United States hearing every case file in the USA.

[@ianthesiow3013]

The (USA) United States call it "Liberation" instead of "Invasion". That was what US call it in Iraq, Afghanistan, Libya, Syria, Yemen, Somalia and the list goes on... Why the double standard? Confused... Please enlighten. Genuine question... Instances of the United States "liberated" or overthrowing, or attempting to overthrow, a foreign government since the Second World War. (* indicates successful ouster of a government) China 1949 to early 1960s Albania 1949-53 East Germany 1950s Iran 1953 * Guatemala 1954 * Costa Rica mid-1950s Syria 1956-7 Egypt 1957 Indonesia 1957-8 British Guiana 1953-64 * Iraq 1963 * North Vietnam 1945-73 Cambodia 1955-70 * Laos 1958 *, 1959 *, 1960 * Ecuador 1960-63 * Congo 1960 * France 1965 Brazil 1962-64 * Dominican Republic 1963 * Cuba 1959 to present Bolivia 1964 * Indonesia 1965 * Ghana 1966 * Chile 1964-73 * Greece 1967 * Costa Rica 1970-71 Bolivia 1971 * Australia 1973-75 * Angola 1975, 1980s Zaire 1975 Portugal 1974-76 * Jamaica 1976-80 * Seychelles 1979-81 Chad 1981-82 * Grenada 1983 * South Yemen 1982-84 Suriname 1982-84 Fiji 1987 * Libya 1980s Nicaragua 1981-90 * Panama 1989 * Bulgaria 1990 * Albania 1991 * Iraq 1991 Afghanistan 1980s * Somalia 1993 Yugoslavia 1999-2000 * Ecuador 2000 * Afghanistan 2001 * Venezuela 2002 * Iraq 2003 * Haiti 2004 * Somalia 2007 to present Honduras 2009 * Libya 2011 * Syria 2012 Ukraine 2014 * 2014 - 2022 - 6 countries yet to verify. Pakistan 2022 *

[@EinFelsbrocken]

OK, so as a non-american, non-nato member; what do I take from this? And even if; what would that change? Would I have to say "Yes; america bad?" Because see here: America bad. Does this excuse any other state or action? Hell no; get fucked with whatever point youre trying to make.

[@willscher8964]

You realize this is a simple video explaining basic economic concepts like game theory as applied to real situations like a bank run right?

[@catchaser52]

Back in Johnny Carson was doing "The Tonight Show" he made a silly comment about toilet paper being hard to find, Next day Toilet Paper was all gone ! lol

[@Gametheory101]

Wow, that's amazing! That would have been perfect to mention in the video.

[@johnc2438]

@@Gametheory101 Found the video: kzbin.info/www/bejne/a3ycXn-wZbiVqKM

[@johnc2438]

Found a video! You're so right. Brought back memories! See link below...👍

[@catchaser52]

@@johnc2438 Thanks my friend.

[@jasperangel]

I'm a fan here in the Philippines 🌴

[@Withnail1969]

I like how we talk about all the problems Russia and China have to help us pretend our own economies aren't collapsing around us.

[@donaldmarshall584]

BTC's price has been fluctuating lately, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. The good thing about the space is that you can buy the dips and put them into active trades, while confidently waiting for a pump in price because it is inevitable. Most people do not understand how the space works. Your advantage is understanding , Charts won’t guarantee what an asset is going to do. Prices will go up or down. Nevertheless, the market has been so profitable despite price ups and down. I've always played safe implementing trades with insights and signals from a renowned trader, Mrs Stacy Huth. I made 8.5 BTC from the recent crash in the market last week.

[@pattersonthomas9927]

I agree with you. In my own experience, I have come to know it’s risky and not profitable to hold coins while waiting for the Bull Run. Trading btc has become a lucrative way of making money.

[@kelvinedwin1288]

Now should be the best time to buy and trade on Bitcoin because currently the profits are good and going up to a standard rate in less than no time

[@extrememiami]

Don't forget to hit the REPORT button on these folks. These bottom feeders won't go away on their own. Hit that report button now please. 🙏

[@mimirabel7078]

Looking forward to the next opportunity in the market as Elon Musk is thinking of merging Bitcoin and Ethereum. Mrs Stacy explained how vital this will be to me. it is always good to be one step ahead.

[@kingalbert8186]

No one should listen to this scammer

[@peterkavanagh64]

Nice halls . Super colours and nice people.

[@weewillywonga]

Going to watch and see how the Chinese and Russian trolls flood this comment section with their cope.

[@Gametheory101]

Looks like it’s the crypto bots that are moving in…

[@armchairwarrior963]

I'm more worry about the anti china trolls. Who call everyone who don't have the same opinion. CCP or 50 cent army etc..

[@theamsterdamguy1833]

Which country has above 8% inflation for 4 months by now? Which countries among the top 20 economies still maintain a trade surplus despite a coming global recession? When you answer these 2 questions, you'd know who's the one coping.

[@britney_david]

I'm new to crypto currency investment, started with MT5 and I've been making losses trading myself. Any advice please?

[@brucedylan8364]

I recently started my trading with Mrs Annabelle Hartfield, and I'm already marveling over the profits she made for me, assuming I met her on time I would've been a millionaire by now

[@salmakenzie6870]

Please I'm new to all this, how can I get to her also? I need her help!!!

[@salmakenzie6870]

@miles walker thanks, I will definitely do that.

[@solomonalice5168]

mrs Annabelle Hartfield is one of the best trader I’ve ever worked with in the past few years she knows the best to deal with whatever market situation

[@lawrencepeter4390]

That's true, I’ve never heard or seen any of her clients complain of lost... I think she just too perfect.

[@fifthpint4571]

I think you should spend a bit more time on the analysis of he fractional reserve system in general, this could help highlight how the entire model behind it makes bank runs such a threat. You know, the model which has essentially destroyed modern fiscal theory.

[@PunmasterSTP]

That’s another very well-researched video, and I really enjoyed my time watching it! By the way, if anyone who was hired to leave comments with propaganda on William’s videos wants to reply to this comment with a logical argument, I’m willing to have a discussion…

[@1973Pippster]

Incomplete. What happens next?

[@Alkivo]

Awesome video! Very well constructed and easy to understand

[@gracerodgers8952]

Hey Bill, it's a wonderful life.😊

[@himoffthequakeroatbox4320]

9:26 That's not what market capitalisation means.

[@cielaguzman1699]

High interest rates lead to economic growth, if you do not look at microeconomic analysis, but Macroeconomic one.

[@Acme12345]

WOW that's the best video I've watched, maybe because you did NOT over dramatise it and you know your stuff. Well done mate and thank you from Australia

[@jasperlawrence5361]

This and your predictions are ageing well.

[@peterdilworth2316]

For an high net worth individual, considering potential instability in the US, what do you think is the lowest risk place, generally speaking to put money?

[@huntncover]

If you're a high net worth individual , and you don't know where to put your money , then either you're not really worth much , or you're money isn't. I think I just answered your question inadvertently - those who depend on money are about to find out what their money is really made of. Where your heart is , there will your treasure be also. Considering what's taking place right now in this world , I would buy tangible assets like non - perishable food , water , and a means to protect them , and pay off all debts. Most importantly , get to know your Creator , as He is your greatest resource. I hope this helps you.

[@peterdilworth2316]

@@huntncover that was not terribly helpful in afraid

[@Perseverance84]

Even when the US faces instability, US bonds are often the best choices in recessions / depressions.

[@JGldmn333]

Silver bullion coins. Gold bullion to a lesser extent. Platinum is very cheap now in its historic price relationship to gold. I would go silver and platinum as much as possible....precious gemstones ( not diamonds) next. Ie- rubies...saphires...emeralds. ( make sure you have the gun and ammo to protect your things too...and DO NOT talk too much about it. Loose lips sink ships. Only the wife should know. Not children or freinds ) The downside is that commodities tend to go lower as the US Dollar strengthens.

[@Christopher-jq3jv]

bank runs are insuranced now. And have central bank back ups.

[@belvedere92]

In respect to trusting that crypto currency can deliver what it claims, is in my opinion where the problem is in the crypto market. This market used to claim total secrecy. But sometime last year when Russians blackmailed a US gas company and were offered millions of dollars to free up their computers, it turns out that the FBI had inserted themselves in that transaction, found out who the criminals were and collected most of the ransom monies. Crypto could not guarantee secrecy or anything else.

if you do it properly - coinjoin , use a mixer, or even launder the BTC thru monero you're safe

[@TheAgentofWallStreet]

The daily high in the markets was the daily SMA(20) line. The daily low was the 195min SMA(20) line. BTW, yesterday's collapse at 1:15pm EST that took everyone's stop losses was forseen, I covered how to see the fall before it happened on my channel tonight

[@sobanya_228]

Wow, so many names for different amounts of cents.

[@rosaguevara9766]

El salvador was bitcoin as money?

[@BritishBeachcomber]

When toilet paper was in short supply, I only bought what I needed. After a couple of weeks, everyone had more than they needed, stopped buying, problem gone. There was no real problem in the UK.

[@NonMeric]

2 of those things are good (Lets see the response)

[@kensmith8152]

I foresaw the problem of bank run with crypto, never invested in it!

[@hodlatodla5364]

And when it gets bad enough, not even national currencies survive this (Weimar, and most recently Venezuela, Argentina..)