Andy is always the smartest guy in the room. He knows what he’s talking about. Listen learn execute.
@bobguard7 ай бұрын
Fantastic insights on the US economy. Hope more Americans get to know this and start looking critically at what your government is doing, not only to the Americans but also to the rest of the world. Wish everyone all the best.
@danielbbq7 ай бұрын
Keep showing them the baby steps that they can't see. Great job.
@casteretpollux7 ай бұрын
African countries chatting about the new Russian replacement for Swift for international trade. People have had enough of expropriation by dollar.
@louiswilliamterminator28877 ай бұрын
Just don't get too excited. If anything is quite obvious, it's that one set of oligarchs may lose a lot of power, to the benefit of a different set of oligarchs
@romoore20947 ай бұрын
No external enemy could destroy us like our internal enemy. Because the worst enemy we have is internal
@StevanRozic-eh7wk7 ай бұрын
Wow you are 100% right. Cheers,Andy
@kamarudinharun85567 ай бұрын
We in the global can never forget and forgive what USA had done to us. Almost every individuals in the global south reject the USA now. You will never be the imperialist that you had been over us again.
@LizaJane847 ай бұрын
The absolute best informative spiel of the conference!!!!!❤ Thank you Andy for being candidly honest & passionate!
@iriscrocus17177 ай бұрын
I will say the word - "gangsterism" - comes to mind.
@yajtramer69137 ай бұрын
Mafia Crimes families
@robertrodriguez34057 ай бұрын
Very smart and eye opener video Andy , you explain so well what is happy to our economy that a six year old kid will understand it.
@misty6717 ай бұрын
Those who fail to comprehend and act on what Andy is communicating run the risk of being wiped out.
@dirtfarmer657 ай бұрын
Absolutely...😮
@TrumpedUp8887 ай бұрын
Andy paints a perfect picture of death by a thousand cuts.
@rednose19667 ай бұрын
The true threat is to the poor. The USA will take care of those people who can bring value to the domestic market above the level of their expenditure.
@altbinhax7 ай бұрын
Yes, living in post Soviet Russia will look like an easy life compared to what happens when the US goes over that waterfall.
@ebb_7 ай бұрын
@@altbinhax Pre-Putin Russia. Yes!
@MENSA.lady27 ай бұрын
I've done my bit. I dumped the $ a couple of years ago and bought gold. Showing a small profit but I'm in no rush to sell.
@sliekerstar7 ай бұрын
Gold is only less volatile presently due to price suppression
@HHome-mi9jv7 ай бұрын
Brilliant summary - you are 100% right about the changing perception of the world towards the USA. The coming of the internet has also made clear the reality of life in the USA - crime drugs politics and the like. The USA - what a nightmare!
@soulahousefm41537 ай бұрын
HA HA HA HA !!!!!!! ITS CALLED THE END OF A EUROPEAN COLONIAL EMPIRE !!! GOOD RIDDANCE !!!!
@AKATenn7 ай бұрын
if it's not europian, it's asian, if it's not asian, it's middle eastern... just replacing one group of horrible greedy rich psychopathic narcissists with another...
@MikeVeracity7 ай бұрын
Imagine if there was an international currency that could not be controlled by any country or elite groups.
@cadenhough98847 ай бұрын
It’s the future
@thomaschurch76867 ай бұрын
I truly believe there will be powers behind any type of currency or even a new system of trade. Those forces will be evil.
@mistermood41647 ай бұрын
bitcoin
@luislim63117 ай бұрын
I sympathize with you. Like you, I feel the same.
@rikirex21627 ай бұрын
you see it by checking the water flow ...it always increases before the cascade
@nuriy7 ай бұрын
Biden's economic adviser was a music major, master of social work, DSW in social welfare...
@S41GON7 ай бұрын
At least America has other assets like oil, mineral resources and geographic safety, there is no real foreign threat inside his home turf. Europe on the other hand has none of those while some European countries are just as banrupt as the US...
@PS-ic4bp7 ай бұрын
Hmmm thats not what they are saying about at least 1 million people who snuck in through the southern border in the last 3 years
@robertphillips8747 ай бұрын
Borrowing to pay the interest doesn’t make economic sense except in some extreme situations such as when national survival is at stake. Our problem is that we relying on other people to lend us the money, but they may not agree with our reason! It would be like relying on your enemy to finance your survival!
@Frisbieinstein7 ай бұрын
It would help to not make enemies of the entire rest of the world.
@Sleveofwizard7 ай бұрын
Excellent dreakdown!
@TrumpedUp8887 ай бұрын
Andy paints a perfect picture of death by a thousand cuts.
@John-bq9jh7 ай бұрын
What concerns me is that countries especially authoritarian ones are simply sanction proofing themselves from the USA. In WW2 Saudi Arabia would not accept US$ for oil purchases but only gold.
@matsforsberg62876 ай бұрын
You are so right. I hope you reach out to many Americans. Thy can stop this madness in the world.
@chrisolga37 ай бұрын
De-dollarization. Is moving fast and steady. More and more countries will join BRICS plus. If we have an indigent epidemic is about to get worse. Inflation, public debt, Unfunded liabilities, student debt, credit card debt , 168 banks insolvent etc.
@snuups7 ай бұрын
In that case: Be your own bank. I did that years ago.
@chrisolga37 ай бұрын
@@snuups Yes! Be your own bank. I also learn how to be your own bank and buy tangible assets.
@藏物纳钩7 ай бұрын
Fed is doing the largest wealth transfer in history.
@christinanapolitano68377 ай бұрын
Well spoken!!
@Paul-dorsetuk7 ай бұрын
Wow what an interesting talk!!
@davidav39807 ай бұрын
The best part for me is 17:18 and ahead. This tells you the monstrosity of the Derivatives markets. that is why a mindblowing figure of 1 Quadrilion dollar markets looks like (the Derivatives market).
@yaoypl7 ай бұрын
“How did you go bankrupt?" Two ways. Gradually, then suddenly. - Ernest Hemingway,
@CarlRoberts-s7s6 ай бұрын
The song of silence.❤❤❤around the.world.
@ilikeshroomgals7 ай бұрын
More like exponential decay
@WilliamIraWoodIV7 ай бұрын
The logarithmic functions are the inverses of the exponential functions, that is, functions that "undo'' the exponential functions, just as, for example, the cube root function "undoes'' the cube function
@silverismybitchbackupthetr68127 ай бұрын
Lots of American understand bro. You just don’t know them …..🤪🤪🤪
@chrislubs13416 ай бұрын
History exposes the delusion (or myth) of US exceptionalism.
@RupanagudiRaviShankar7 ай бұрын
From India: whatever is being said by experts on the decline of US dollar or even the power of the USA, no one, - really no-one, believes that; the great American Dream is running full show here in India. If what all the negative publicity being dished out is true or comes true, I pity all those parents here in India who pack the bags of their children for higher education in USA by contracting huge loans, with an expectation of repaying them with the income of their children in the future.
@solti67237 ай бұрын
South asians in general are not very smart.
@louiswilliamterminator28877 ай бұрын
Don't expect the powerful to look after the ordinary people. They are usually just in it for themselves
@mrbroccoli73957 ай бұрын
The end of money as we know it. The end of Nixon's emergency.
@abasgait54576 ай бұрын
The truth needs to be told to the ordinary peace loving Americans...
@Ofelas17 ай бұрын
Global South has had enough of the West esp USA, and the repurcusions will haunt the USA soon.
@gwills93377 ай бұрын
I come from nothing; just a rich dad and his friends who had $100k in 1980 LMAO.
@PS-ic4bp7 ай бұрын
100k is not a lot of money in America even in the 80s
@LearTrough6 ай бұрын
A global currency would still be needed for general trade. And right now, given the situation, it is very hard to completely replace the US dollar by some other national currency (US really postured itself well with its policies in this domain, not so much in the Vietnam War). However, a good idea would be to re-invent a totally new currency not used by any nation and overseen by some global organization, like UN, and have it pegged in value to a basket of currencies like USD, Yen, Yuan, UK pound, EUR, Ruble, etc. and have new printing plates and mints set up for that by a multilateral agreement by all UN nations. This way no one has to worry about one country specifically freezing the reserve for right or wrong intentions, as freezing can be carried out by proper voting at the UN, something agreed on by most countries.
@simbad9097 ай бұрын
What mr S says here is 💯. 2008 was the linchpin(pulled)
@Sabundy7 ай бұрын
The US is doing this to themselves
@davidav39807 ай бұрын
AWESOME SPEECH !!!!! Everybody in Economics or Finance should watch this video. This information is not taught at the University level. Believe you me.
@luxboss23887 ай бұрын
Being where America is located is an advantage but where America is at a disadvantage is it’s only a small percentage of the world population
@cjswa64737 ай бұрын
Great input
@itsabar7 ай бұрын
this my friends has been on purpose. taking down a corrupt country is what we taught the world. wouldnt it of been better to tech Love for one another?
@johnteets29216 ай бұрын
"we're sorry we didn't find any....." CBW have a short shelf life, unless replenished, a stockpile will degrade to nothing. Saddam had to inform his generals that Iraq didn't have any CBW ( left ). People thinking he had them was good enough - up to a point. He prevented UN inspectors from disposing of the remainder of his stockpile, but after he threw them out, his WMD capability, basically, disposed of itself. US intel was equally incomplete. Not wrong, as much as unfinished.
@thelammas82837 ай бұрын
May I suggest that you replace the word enemy, with partners?
@MasterLeong8887 ай бұрын
amazing speech thank you for the insights USD will become toilet paper gg
@wesleydunn51067 ай бұрын
Thank you but it only shows me im not prepared for whats coming . At least i have a start and understand im not crazy so im ahaed of the game .
@andrasgergely10517 ай бұрын
JB does not care because he does not understand anything by now😂😅
@snowyowl68926 ай бұрын
JB! People have no clue. He was “dealt with” ages ago for crimes against humanity and high treason. Seriously. We have been watching a Pantomime imo folks. It is rumoured that “they” are on to their third actor playing JB. Time will tell if this back-channel talk is correct. We must wait and see. my opinion of course⬅️ IMO
@SandwichKing-lj4ej7 ай бұрын
The second beast of revelation, horns like a Ram but speaks like a dragon. So is an empire that looks innocent like a sheep but speaks like a dragon, the United States.
@louiswilliamterminator28877 ай бұрын
But who even controls the US? Is it the Vatican or just the richest families on the planet? Clearly the country (like most) is not run for the general interests of it's own population
@NahbehChow7 ай бұрын
its already happening. except the west ie usa/eu, the rest of the world is moving away from the usd/pound/euro. the world rich r parking thier liquid assets in Switzerland and Singapore. the brics already moot a new currency back by gold. ie. gold std to b used when the expanded and formalise the creation of a monetary authority overseeing it. it will not b a bank or fund like the imf/bis.
@siahiongngie6426 ай бұрын
Why most Americans don’t know what you said ?
@mechael7 ай бұрын
I agree with what Andy is saying, but what is the solution for an average Joe like me living in Canada can do to protect ourselves from this coming doom?
@snowyowl68926 ай бұрын
Buy PMs … NOW (before they are unobtainable ..)
@elfuturomio7 ай бұрын
Q was accurate
@mathewyusuf20237 ай бұрын
👍
@trophimushiwilepo96327 ай бұрын
Liverpool
@peterhumphrys7 ай бұрын
If one assumes that the BRICS group will not want to micro manage their members actions, and that India and China will not break out into major conflict, the concept of a BRICS group could provide a level of international security that would be better than how much of the global south currently experiences the international system as it currently functions. Or in other words, the present system is failing to deliver the desired ends for a great many and so as many Argentinians said about Milie, things are so bad now, we might as well try something new and perhaps radical and see if that works out any better..
@ahliong7 ай бұрын
It is akin to grasping straw to stay afloat 。
@peterhumphrys7 ай бұрын
@@ahliong while is the staw is tightly bound in interesting shapes, it is a proven winner in the marshes of southern Iraq!
@global13817 ай бұрын
Lucky Americans don't understand numbers
@michaelnash40027 ай бұрын
LOVE THE SHEK MAAAN ❤❤❤
@Igchihuahua7 ай бұрын
Yup, we are tired of the United States bullying.
@SLVBRZ18-wf8ws7 ай бұрын
Great presentation.
@justmyopinion98837 ай бұрын
If the USD$ fails, will we go to digital currency?
@snowyowl68926 ай бұрын
That’s exactly what the bankster gangsters have been planning for years
@snowyowl68926 ай бұрын
once we are digital .. your money is virtually hidden, lost to you ..imo BUY precious metals and hold .. do it NOW and take possession of the physical .. before it’s too late.
@Frisbieinstein7 ай бұрын
It has nothing to do with logarithms. Aside from that what he says makes sense.
@Frisbieinstein7 ай бұрын
Japan has 256% debt to GDP ratio, double of the US. How do they do it?
@Decoy05277 ай бұрын
I think that almost all that debt is held by Japanese citizens or government. US debt has higher percentage held outside US. Therefore, more risk of sell off.
@Frisbieinstein7 ай бұрын
@@Decoy0527 Then the interest paid out from taxes is a wash, sort of a tax abatement.
@TruthFreedom17767 ай бұрын
What can a person do, a person who isn't Rich by any stretch of the imagination, to protect themselves from the shitstorm that is very obviously heading toward us like an out-of-control freight train, and maybe come out quite a bit better off than they were going in? Or at least maybe a little bit better anyway?
@staceyd727 ай бұрын
Buy silver and gold. If you can afford a box of beer or a bag of cannabis, or Netflix, etc every month you can afford an oz or gm of silver and gold, prioritize ... keep as little of your savings in the financial system . Good luck, we're going to need it.
@ChinaSongsCollection7 ай бұрын
@@staceyd72 But the gold would need to be physical gold. No use holding a paper certificate saying you have the gold.
@snowyowl68926 ай бұрын
@@ChinaSongsCollectionyes yes yes
@vladracul407 ай бұрын
Now Mr. You just contradict yourself regarding the section with Lady Liberty 🗽
@LizaJane847 ай бұрын
No, he didn't. You just didn't understand the meaning of the statement. He meant that is the reason in the beginning that lady liberty stood for those values but we have decayed from that very meaning!
@muhammedasmal30767 ай бұрын
Pardon my ignorance but what is this guys name? I want to Google him and find out who he is
@rosatessitore15297 ай бұрын
Andy Schectman
@snowyowl68926 ай бұрын
he is pure gold … has integrity.. and cares about you and me.
@antpoo7 ай бұрын
Th oh a news is destroying my resolve to continue working.
@fayadkhairallah27607 ай бұрын
Is the Dollar still Petrodollar😮
@waynegrimes76107 ай бұрын
I feel that neoconservatives aren't doing the US much of a favor.
@MulberryPress-l7m7 ай бұрын
Just keep printing more unbacked Federal Reserve Bank funny money and wonder why prices are jumping.
@robertrodriguez34057 ай бұрын
My apologies I meant to type happening not happy
@radhakrishna18457 ай бұрын
Arrogance and Power.... Sure way for... Self-Destruction...
@zsoltszopko98177 ай бұрын
Little by little, little by little, little by little, little by little, little by little, little by little Little by little, little by little, little by little, little by little, little by little, little by little Little by little, little by little, little by little, little by little, little by little, little by little Little by little, little by little, little by little, little by little, little by little, little by little Little by little, little by little, little by little, little by little, little by little, little by little
@ahliong7 ай бұрын
The end. 🎉🎉🎉
@gibbogle7 ай бұрын
There is no such mathematical thing as logarithmic decay. There is exponential decay.
@WilliamIraWoodIV7 ай бұрын
The logarithmic functions are the inverses of the exponential functions, that is, functions that "undo'' the exponential functions, just as, for example, the cube root function "undoes'' the cube function.
@gibbogle7 ай бұрын
@@WilliamIraWoodIV Give me an example of a logarithmic decay function. The writer is thinking of exponential decay, i.e. an exponential with a negative exponent constant.
@andrewschectman15617 ай бұрын
That is not true! If you look at it on a graph, logarithmic decay basically looks like a horizontal line that almost imperceptibly arcs gently downwards. But eventually the arc downward becomes steeper and steeper until it’s practically a vertical line down. Logarithmic decay is like how Hemingway famously described going bankrupt in The Sun Also Rises- “Gradually, then suddenly.”
@gibbogle7 ай бұрын
@@andrewschectman1561 Show me the formula for a decaying logarithm function.
@fsaldan17 ай бұрын
@@gibboglelog(x). If x is dropping to zero log(x) is dropping to minus infinity. Duh.
@Ampermetras7 ай бұрын
He just one of the pixel, that have to obey to occultists families plans behind the scene. We just observers.
@SH-bw5fx7 ай бұрын
Gentleman , teach your children how to fish .
@PeterChenFW6 ай бұрын
little by little by little by littje the world is edging towards work war 3, 😊
@JacintaPalerm7 ай бұрын
Spending money on foreign wars. Giving money every year to Israel.
@homerflesher74266 ай бұрын
EXACTLY
@GrumpyOldGuy7777 ай бұрын
Bitcoin is sound money for sovereign individuals
@homerflesher74266 ай бұрын
BIGGEST PONZI SCHEME IN HISTORY PERIOD!!
@e7341278036 ай бұрын
Exactly, you are bullies.
@TT3TT37 ай бұрын
The dollar story is crap and getting tiresome..
@marilynevalois34727 ай бұрын
Yes troll. Why are you watching it then if you're not being paid to criticize it? Surely there's plenty of other stuff on the Internet for you to pay attention to.
@VancouverBrent7 ай бұрын
Hey inurufu, duhhh which way did he go lol .
@luxboss23887 ай бұрын
The dollar is definitely crashing sooner or later lol
@ahliong7 ай бұрын
I prefer toilet paper than US dollar.
@jbecker11957 ай бұрын
This guy is a rambling fear monger. He mixes a few facts with hyperbole. A rambling, grumpy old man!
@TheBuckeyeFarm7 ай бұрын
You seem to be rambling yourself!
@snowyowl68926 ай бұрын
…wait and see, shall we?
@Bluesvxbe6 ай бұрын
@@TheBuckeyeFarminteresting
@derrickwells3337 ай бұрын
UAE accepts dollars, total BS Andy
@btimothygordon27777 ай бұрын
So the Press Release was False? Or you calling Andy Schectman a liar?
@jrstsb13537 ай бұрын
He said, the UAE no longer accepts the dollar for oil. So if you search "does the UAE accept dollars for oil" it seems as if his statement is not bs as you suggested.