Concerned about the US dollar, not just treasuries? Watch our interview with economist Saifedean Ammous where he explains why you should dump the dollar now - kzbin.info/www/bejne/ZprUeqaMiLiWiac
@avertactivity964Ай бұрын
Andrew, I love when you go unhinged 😂
@marcusd9192Ай бұрын
"This is not from some crack pot news service. This is from Reuters". lol.
@TT-zl7irАй бұрын
You have a point, but it's like when Snopes admits something they don't want to admit
@andrewcarlson2178Ай бұрын
Be skeptical of everything and confirm it with provable facts from different sources.
@realrettaАй бұрын
That got my attention as well. Reuters reports what they want you to hear. I'm not saying this report is wrong, just that Reuters isn't any more reliable than other mainstream news. services.
@Surfer-727Ай бұрын
Reuters and AP news are high quality and balanced. Source: Ground news
@phoenix5054Ай бұрын
@@realrettaI would trust Reuters, AP, or WSJ over NY Times, or any cable news. I don't think shock factor and partisanship is big compnent of their reporting.
@kawaiiduck5924Ай бұрын
Nixon defaulted on us debt by closing the gold window
@HughJass-313Ай бұрын
Roosevelt default first.... 40 years earlier ❤❤
@mr.g1758Ай бұрын
Not trying to be political, but LBJ's guns (Vietnam) and butter (Medicare) policy is what put pressure on the nation's gold reserves. Nixon had no choice but to end it.
@ardentenquirer8573Ай бұрын
That will not work this time
@herbertvonsauerkrautunterh2513Ай бұрын
I'm in Australia and I want to get the hell out. The economy, society and the culture of down the toilet. Then there's politics and all levels of government or of control here. I'm looking at starting a capital investment company and then branching out to Asia. I'll also park my metals at a bullion dealer in Singapore. Got to get money out of Australia
@aussiemandustАй бұрын
I haven't been outside Oz in 30 years & I'm getting a passport 😮 I don't know about Singapore. It is the most HIGHLY vxd nation on earth & has the highest % of excess deffs AND 3 years in a row, lowest birfrate. Mandats, yeah? I'm looking at Sth America.
@matthewnirenbergАй бұрын
Australiastan is collapsing. The ATO are now doing "Lifestyle Data Matching" - looking more into what you have because the govt is getting desperate for more tax money. The biggest problem is Australiastan is so high tax and banks have paid basically no interest on savings that most people can't afford to leave, especially as they have to basically go several years without income in order to break free of Australian Tax Residency after they've moved their "centre of life" abroad entirely. Lastly, until you leave the Australian Tax System LEGALLY, you have to report ALL bank accounts and investments you have globally - the ATO use data sharing and matching to find out. This means that you'll still be getting hit with the same CGT, etc. on your investments and the Australian Govt can still seize your assets if they want to.
@alfred0621Ай бұрын
Jesus Christ everywhere is collapsing
@ThomAlexanderGmaanАй бұрын
So what's the most effective strategy during this period of volatility with the rate cut? Most of my portfolio is in (20% Index funds, 20% CD's 30% Bonds/T-bills and other assets) I want to explore different strategies to benefit from a potential bubble.
@BunnydrilleАй бұрын
This is the exact thought process of persons handling their portfolio themselves. I will advice you engage guidance to help you make smarter portfolio decisions.
@DuttonmuffinsАй бұрын
Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased.
@JesseMayhillАй бұрын
I've been through the 'bonds are beating stocks' periods since the 90s with no bonds and with all aggressive stock mutual funds. At 66, my IRA and cash accounts are far more than I expected for my retirement. I can easily handle a worst-case 80% stock crash, Thanks to my CFA.
@TheDayTheDay312Ай бұрын
Would you mind if I looked up your advlsor?
@JesseMayhillАй бұрын
Melissa Elise Robinson is the NY-based advlsor I work with. Just search the name. You’d find necessary details to work with to set up an appointment.
@bobnankervis9722Ай бұрын
A US Presidents priority should not be to make it easier to leave the US but to make and keep the US so desirable you have no reason or desire to leave. Unfortunately, we have moved so far past that. The US is no longer that desirable to live in. Unless maybe you are handed everything, at the expense of the taxpayer, when you cross the border
@basook6116Ай бұрын
USA Govt. is printing $1T every 100days, and interests payments is $1.2 T... what value does USD have???
@BencerCourt123Ай бұрын
Toilet paper is worth more
@MrNatsukaАй бұрын
It is valuable because a lot of IDIOTS accept it.
@tigading2177Ай бұрын
You can't make this up, U$ recently passed Bill HR 1517 worth $1.6B dollars in anti China propaganda, what a waste of resources, bilions and trillions in wars, in military bases, WMDs, explosive tech gadgets!!!
@SoystripperАй бұрын
Military might
@goshawk4340Ай бұрын
@@Soystripper haha. Only the US is the only country where the military is a part of its credit score.
@RWROWАй бұрын
"No longer safe" is over-stating the situation. Fair comment would be Treasuries are no longer as safe as they were. The text books do need to stop equivalencing them with zero risk. There is no zero risk financial asset in the world today.
@michaelmichael8494Ай бұрын
"There is no zero risk financial asset in the world today." There never has been, and never will be, unless you have a direct line to God Almighty, who's using all its knowledge to advise you on financial decisions.
@HueyFreeman-l7mАй бұрын
Lol this is cope, the building that is the US economy/society is on fire
@JoeEvermoreАй бұрын
When I lived in Azerbaijan I received 17% interest on my savings account!
@roro-v3zАй бұрын
whats the use
@MrNatsukaАй бұрын
@@roro-v3z are you kidding me?
@roro-v3zАй бұрын
@@MrNatsuka yes what's the use?
@MrNatsukaАй бұрын
@@roro-v3z when you borrow money you pay interest right? When you put your money into the bank, the bank needs to pay you interest because that's barrowed money. So the use is for you to gain money out of your capital. Too bad in the Western world, money is easily printed out of thin air and so the bank does not need your money and so they give very low interest or even sometimes charge you when you put money into your bank account. This is one way the western world turns you into a slave
@eric6616Ай бұрын
Azerbaijan is not a stable country and its run by a dictatorship. they have to give 17% and then pull the rug
@eowendylАй бұрын
Incorrect about "the right wing" at least in Finland. The left in Finland is very eager to implement things like exit taxes, etc, and the right wing is thankfully pushing against that. May be different in the US of course, but Trump has mentioned the possibility of ending citizenship based taxation. That would be grand for those who want to live elsewhere, because renouncing your citizenship is still a big deal.
@dentside78Ай бұрын
In the U.S., there are 2 right wing factions; Trump, MAGA, the freedom caucus, et al are actual right wing conservatives, almost libertarians. The rest of the republican party are what they call RINOs, (Republican In Name Only). The former republican VP under GWB from 2000-2008, Dick Cheney actually endorsed Kamala Harris this election season. But both sides will print massive amounts of fiat dollars and spend like alcoholic sociopaths spending someone else's money, while investing in companies while taking lobbyists' monies and making decisions on said companies. 99.9% of all U.S. politicians are absolutely corrupt. Sorry for the rant, was supposed to be informative.
@TT-zl7irАй бұрын
Good to hear the right is pushing against it. Is either side offering an option that's against war with your next door neighbor?
@andrewcarlson2178Ай бұрын
There are leftist states like California that are actually implementing an exit tax for leaving their freaking state. Their policies are so bad they are actually losing population to other states and so now California wants money for up to five years after you leave
@advex4428Ай бұрын
Let me guess, the left wing is in power. If the right wing is in power they will also do a lot of weird stuff, just to raise money in their dispare over a failing budget. Maybe not the exact same things they opposed earlier, because even politicians have a hard time lying their way out of 180 degree direction changes. But weird stuff. Never trust a politician above municipality level. Left or right.
@kagi95Ай бұрын
Unfortunately yes @@rodiculous9464
@robertmaxa6631Ай бұрын
I appreciate what you're saying, but regarding Canada, they literally prevented people from leaving the country, via air, if they didn't get shots, during the bug times.
@chrisraymond2234Ай бұрын
May not be safe but they going up 40% in next financial crisis.
@mattanderson6672Ай бұрын
Andrew is a total legend! He's a major scholar and a gentleman Fantastic analysis !! Thank you Sir
@nomadcapitalistАй бұрын
Thank you.
@DanXRPАй бұрын
Us treasury bonds are losing their value due to the massive inflation of the United States dollar.
@rdbt292Ай бұрын
RC Cola is the best!
@GenerationX-GenXАй бұрын
Truly the superior cola. Though one must learn to embrace Cheerwine.
@expatlifestyle2000Ай бұрын
It's so cheap here in the philippines where they have bottling plants too. Such good value.
@loanokaharbor8303Ай бұрын
RC Cola...funny, invest in sugar water
@engineersze2546Ай бұрын
Thank you for this no holding back, no sugar coating of the extraordinary privileges of the now very risky fiat printed currency backed by nothing.
@hedonepicurea4327Ай бұрын
For the record, from 2014-2023, I worked on several social campaigns to change the system, save jobs and characters. I was not complicit in any events occurring that may have harmed, angered or disenfranchised private citizens.
@orenalbertmeisel3127Ай бұрын
I would only invest in 6 month or one year US treasuries, when there's an acceptable yield like right now. 5 years or 10 years? GTFO
@vladyslavnechaiev247Ай бұрын
I agree that the US has been irresponsible with their debt lately, but I also disagree it's best to buy some other country's debt. No matter how frugal a country is, their chance of defaulting on debt is way higher than someone's who's irresponsible, but who can print out the way out of their debt.
@alvarny77Ай бұрын
I think the point is that the money they print will be worthless.
@BobbiejoKuzmaАй бұрын
just blows my mind how people buy gold and silver with fiat currency debt notes what does that mean??
@Surfer-727Ай бұрын
The EU and UK money debt to GDP is about the same as the U.S. , the EU and UK population decline debt is so bad it is worse than the U.S. money debt.
@ardentenquirer8573Ай бұрын
It is more than just debt it is their spend projections notice USA at 120 that is the danger zone United Kingdom (UK): Around 100% of GDP. European Union (EU): The average debt-to-GDP ratio across the EU is about 85-90%, with some countries (like Greece and Italy) much higher, and others (like Germany) lower. United States (USA): Over 120% of GDP.
@Surfer-727Ай бұрын
@@ardentenquirer8573 The U.S. dept is not as bad as it looks as much of it's debt is internal, plus the U.S. government can print much more dollars to control there economy as the U.S. dollar is the worlds leading currency and is projected to be for at least 10 to 30 years or more.
@thisiskevin1000Ай бұрын
No wonder why China and Japan did substantial reduction of US Treasuries shareholdings in recent years.
@JohnDoe-iv7yuАй бұрын
This won't happen overnight... but it WILL happen!
@ardentenquirer8573Ай бұрын
If they do not get spending under control United Kingdom (UK): Around 100% of GDP. European Union (EU): The average debt-to-GDP ratio across the EU is about 85-90%, with some countries (like Greece and Italy) much higher, and others (like Germany) lower. United States (USA): Over 120% of GDP.
@InvestgoldUKАй бұрын
It’s interesting treasury yields are rising despite a 0.5% rate cut. Could have major implications for GBP and the Uk if it’s true about their Ukraine loans
@olggloАй бұрын
very emotional and well-based as well
@ayrsineАй бұрын
6:34-6:54 you are 100% correct
@eaglesfan109Ай бұрын
To Andrew's point on Trump. Even if Trump wins, it is (at best) a 4 year reprieve for the markets and maybe the direction of the country.
@ardentenquirer8573Ай бұрын
NO trouble will come he is mostly better to deal with the trouble than Kamala but trouble will come
@eaglesfan109Ай бұрын
@@ardentenquirer8573 it's never been a question of that. My point is that if he wins, it'll be a 4 year reprieve. After the 2028 election, we'll be right back to our current trajectory.
@silviaangelo4345Ай бұрын
Great information😊
@nomadcapitalistАй бұрын
Glad it’s helpful!
@eman7892Ай бұрын
RC cola is still the best!!
@dentside78Ай бұрын
RC and a moonpie down where I grew up ❤
@eman7892Ай бұрын
@dentside78 moonpies were way better back then.. 😁
@allistairtrentАй бұрын
Mexico is still the best value for residency. You do not have to give them your money you just have to show them that you have a minimum amount to get residency. Also the real estate there is a great investment. Belize is even easier you just have to go there and stay for a year as a tourist.
@mpeugeotАй бұрын
For many people, it might be, but for former military service members it would have to be the Philippines. A lifetime residency permit is $1400 plus $10/yr, along with a $1500 deposit in a Philippine bank; however cost of living is probably at least 20% lower. Pays for itself in short order.
@jeffb.140Ай бұрын
@@mpeugeot but you have to be 50+ ..
@mpeugeotАй бұрын
@@jeffb.140 good point. I forgot that caveat. Still, it's a great deal if you are over 50, I am heading there soon to get my retirement visa.
@Jykobe491Ай бұрын
How safe is it?
@mpeugeotАй бұрын
@@Jykobe491 can't speak for Mexico, but the Philippines is pretty safe in many areas, but like any country there are parts that are far less safe than others. I would assume that the same is true for Mexico (which I have never had a problem there either, but I have spent more time in the Philippines).
@AnnieT369Ай бұрын
Already out of US bonds long time ago.
@tigading2177Ай бұрын
Most people, most investors I know have completely abandoned U$ treasuries, bonds, shares and stocks. Just imagine what Weimar Republic was like, U$ is gonna be many many times worst!
@ardentenquirer8573Ай бұрын
There are still good company is the USA and many are international
@tigading2177Ай бұрын
@@ardentenquirer8573 I don't think it matters, every dollar traded is contributing and funding of terror, wars and ge no side.
@AmiynalAnsareАй бұрын
Could Nomad Capitalist convince Malaysian Parliament to allow dual citizenship? I have been on a spouse visa for 10 years.
@AdorableUrbanАй бұрын
Great channel!!
@nomadcapitalistАй бұрын
Thank you for watching.
@randall8379Ай бұрын
A friend lived in Malaysia a few years but finally left to go to Europe because he felt Malaysia was growing increasingly socially / religiously conservative.
@pinetworkminer8377Ай бұрын
Isn't that good news for Americans/Westerners with conservative values?
@randall8379Ай бұрын
@@pinetworkminer8377 He didn't consider the values to be Western
@DxV04Ай бұрын
Excellent video!! Short term treasures in other countries probably pay much more!
@brianpereira7483Ай бұрын
Gold and silver will always be money
@diamanten1592Ай бұрын
Gold appreciating roughly around 4% a year while money debasement is fluctuating between 7 and 12%. On top of that you have the inflation..... Good luck with Gold. and yes I am aware that Gold did well this year. But look at the chart. Gold is a shitshow
@jsirkerpАй бұрын
For the time being I think US Treasuries are still the safest investment. For the time being…
@ssebitaabawamala6861Ай бұрын
This idea of rich people running away from countries is confusing me!. I suppose not all rich people are rich because of hard work but some make fortunes by exploiting poor people or use politicians to abuse the system and when the loopholes are removed they run away to other countries to continue their....
@SamMcKinleyАй бұрын
The internet has a wealth of info and garbage and all of it is too much to sift through. One site says move and the other says stay. T bills are safe vs no they aren’t. Confusion
@EvangelionismАй бұрын
I wanted to hear Andrew do his Trump impression here 2:58 😄
@the_dog_house_74Ай бұрын
Was listening to IRS medic. Seems Trump might end citizenship based taxation. Actually implementing it and talking about are two different things. Would be nice to live abroad as a US citizen and not be taxed after living abroad 183 days, or was that 189 days. Seems to be a conversation on going at least. What are your thoughts and opinions? Im not going to hold my breath on ending citizenship based taxation.
@merkin2ifyАй бұрын
The deficit is mainly debt going into the pockets of the top 1% as wealth, who then don't want to pay tax.
@graemecarnegie7821Ай бұрын
In the uk they don’t yet know what the new taxes will be until the budget.
@ardentenquirer8573Ай бұрын
Yes but it does not look good given the trail balloons being floated
@AmiynalAnsareАй бұрын
With my ethnicity, if I renounced US citizenship, I would be flagged as a terrorist threat.
@TopQuality-ms6ufАй бұрын
Us dollar no longer call shots. Embrace the BRICS initiative.
@basook6116Ай бұрын
this is what happens when USA weaponized USD against countries
@SARWSiddiquiАй бұрын
Depends on what kind of new currency they bring in. Replacing one fiat currency with another is pointless. A common BRICs currency backed by gold/ oil? That would be a real game changer.
@WildsDreams45Ай бұрын
How about just letting India trade their currency for what they need? Why do we need another world dominating currency? We already did that and apparently it didn't work out very well.
@bogeybichon7000Ай бұрын
@@WildsDreams45 because not many countries WANT India's currency as the receiving country needs to convert it into a more desirable currency that is widely accepted, such as the US $
@philschiavone101Ай бұрын
They all want to back out of the Dollar slowly. If they bring down the US dollar, they loose out also.
@BoydJonesАй бұрын
It’s not “debt.” US Treasuries are just another form of US dollar that pays interest. The US government will always be able to pay interest on the money it creates. Still safest investment.
@michaels4255Ай бұрын
No, Treasuries are debt 100% AND the US government does NOT create money. Private banks do, like when you take out a loan from your local retail bank, you are causing the bank to create money from nothing.
@BoydJonesАй бұрын
@@michaels4255 Incorrect. US dollars first and foremost are created by the currency issuer -- the US Government.
@BoydJonesАй бұрын
@@rodiculous9464 Incorrect. The US dollar is the "gift card" of the US government. 7-11 can never run out of 7-11 gift cards or gift certificates.
@oskarvomhimmel6936Ай бұрын
Real Estate on the other hand is still the best option to put one's $$$ in...
@andrewkyriacou1922Ай бұрын
You need to interview Simon Hunt. Once 5 year bonds hit 10% Buckle up.
@dev4statingx90Ай бұрын
Riiiiiight.... don't buy treasuries okay. That's why Buffett owns $315B worth? He now owns more than the federal reserve does? C'mon man...
@nw6932Ай бұрын
Why didn't you address te counterpoints to this idea from the same Reuters article?
@gwoodlogger4068Ай бұрын
No difference between left or right any more they just share the work😑
@randall8379Ай бұрын
Would you say that the Canadian government expropriated the protesting truckers bank accounts?
@danodonnell9325Ай бұрын
In 2005-7 there were a lot of articles about a "decoupling" between the US economy and other foreign developing and developed economies. The 2007-8 financial crisis proved that wrong. And where did Brazilian and Indian and Turkish and US and French and Colombian investors run to for stability and safety? They ran to the US dollar. They ran to US Treasuries. Does it make "secular" sense that investors did that? It doesn't matter. I enjoy Andrew's incredible and joyful curiosity about the world and his boldness in investing in real estate in the developing world, and his sense of humor is great, but these gold bug sensibilities are just ungrounded in history and come from a negative emotional place. Also, crypto currency is an absolutely incredible opportunity to get swindled.
@NeilAC78Ай бұрын
It will be a short term phenomenon only before everyone rushes back into stocks, commodities and other assets. The west is on a path to stagflation and ultimately hyperinflation.
@stopandstare52Ай бұрын
Thank you.
@RidleyHolmes-sr2tw22 күн бұрын
More US news. You really should move back to the US. People who move abroad are not buying U.S. Bonds.
@PaulSmith-zt7ixАй бұрын
Please review the book principles of big debt crises by Ray dalio
@ViceCoinАй бұрын
How about Macao?
@salplayer9198Ай бұрын
Basically, he voted for geno because it's better for expat
@petervigna3579Ай бұрын
I bought an option on tlt so ofcoarse bonds are geoing down yhe drain
@rebeccarenner4949Ай бұрын
Spot on Andrew. The jacket you are wearing is classy. Nice look
@jimmyf.x.9526Ай бұрын
culture ratings! first time hearing it, and immediately a strong believer! ❤
@CFBPSUАй бұрын
Where are some good places to go to then
@andrewsema359Ай бұрын
Right now bond yields are climbing up and the dollar is strengthening because of the resources are in short supply. Now is the time to believe Main Media, like a head like from Reuters? This is a good way to lose your shirt. If you know nothing about Bonds or markets, consult a financial advisor, NOT some headline. Do your own research and homework.
@andrewcarlson2178Ай бұрын
I think the entire point is: you can have really high yields and good Promises of return but if the US defaults on paying that back, then where you at? Looking at the balance sheet it's just a matter of time with the national debt and the deficits they are running. This isn't the late seventies, what the US government is doing is not sustainable
@andrewsema359Ай бұрын
@@andrewcarlson2178 well now resources crashing and USD even stronger. Bonds even higher. Well I suppose you missed this, because of Mr Henderson’s headline. GL.
@ardentenquirer8573Ай бұрын
Yes I saw that 10 year bonds I wonder if that just noise or are the bond vigilantes returning time will tell
@AbuGhazi888Ай бұрын
Lol the Us of a is heading for civil war within the next two to 5 years keep on sending money to Ukraine and Israel etc etc etc. Soon the chickens will be coming home to roost . Andrew is going to be 100 percent spot on nothing to do with Reuters at all. The writing is on the walk for those that can see
@geeeee8268Ай бұрын
Not implying anything, since I don't have enough data to support either claim. But could you maybe post a link to that Reuter's article. I am just trying to understand why US Treasuries are no longer safe. From what you saying I only get that there are might be options. That's about it.
@gavinclaassen6440Ай бұрын
Bitcoin
@CreepyTrendManАй бұрын
@@gavinclaassen6440 LMAO
@geeeee8268Ай бұрын
@@gavinclaassen6440 good luck.
@ardentenquirer8573Ай бұрын
FYI 120 percent is consider dangerous risky United Kingdom (UK): Around 100% of GDP. European Union (EU): The average debt-to-GDP ratio across the EU is about 85-90%, with some countries (like Greece and Italy) much higher, and others (like Germany) lower. United States (USA): Over 120% of GDP.
@geeeee8268Ай бұрын
@@ardentenquirer8573 Risky vs what? Gold? Bitcoin? Non repayment? Again, Debt to GDP ratio is not a risk as long as same currency being accepted as tax payment. If US government defaults on bonds, it's going to hurt no matter where you are in a world.
@johnsmith-dm2tqАй бұрын
I understand your customers are wealthy. Most of u.s. are not. You do however have knowledge that the reas of us could benefit from. How about tossing us a bone? A video for middle class Americans. I for one have 150k cash and some house value, where can I go buy some bonds or a house and get a visa?
@starfalcon2Ай бұрын
That is why he left America.
@blazer6708Ай бұрын
Keep in mind that this guy has a financial incentive to present western countries in the worst light possible. If you are in the US you should be fine
@matthewnirenbergАй бұрын
@@rodiculous9464 And at the same time those countries are too stupid to welcome skilled professionals who aren't rich but could create jobs (they could offer visas conditional to following through on creating jobs but they NEVER do). CBI countries want the quick financial injection, they don't really care long term, nor do they care about creating jobs for their citizens.
@pichorra9Ай бұрын
Is anything at all safe in the U.S.A
@rossmoore1155Ай бұрын
lol this is not a “good point” deficit spending has happened across numerous times……I don’t see how people will stop buying us gov bonds ……esp bc China has most US bonds……difficult to see China selling that debt…….I think Andrew falls short a bit here.
@peter_evaАй бұрын
Overleveraged debtors will become the 'non citizens' the unvaxed were during covid. The precedent is set for the coming revaluation and huge wealth transfer. Get yourself into assets if you can and out of debt. There are only a few months before that door is closed for a good decade or two.
@xyzxyz4575Ай бұрын
All Empires end or decline, depending how and when?
@kyleanuar9090Ай бұрын
Fort Knox guard said they're only taking out golds but never in and suspect they no longer have gold reserves.
@michaelreynolds5773Ай бұрын
You're a moron. USD is not backed by gold, hasn't been for a long, long time. And no one is taking gold out of Fort Knox.
@harleydavidson4254Ай бұрын
True. Many countries have stored their Gold reserves with the US but have seen how they treat any nation that dares to disagree with their arrogant "policies" and are pulling their reserves out.
@matrixistАй бұрын
Have another 5-7 years.
@motoman9944Ай бұрын
You should forward this video to our buddy George. George invests in treasuries, and thinks they're great!
@ernesthanks6125Ай бұрын
Remember Iceland?
@JonnieArroyoАй бұрын
You should know that there is huge interest in not paying full taxes as conscience objectors for proportion of taxes that would be allocated to support for Israël.
@angelofamillionyears4599Ай бұрын
Andrew, is their a mutual fund of good non US bonds? thanks
@davidanderson7460Ай бұрын
35 trillion in debt just federal anyone that thought these were safe was not thinking and this applies to many other countries
@AubatronАй бұрын
20% of taxes collected go to paying debt interest alone, same thing with Canada. Craziness
@dorothymartin8557Ай бұрын
So what countries' bonds might be safe for Americans to buy and hold now?
@davidw.5185Ай бұрын
I'm an American and I wouldn't buy them
@dorothymartin8557Ай бұрын
What WOULD you get?
@JohnnynomadicАй бұрын
RC Cola > Coca Cola
@oskadavid2964Ай бұрын
DITCH THE GENO SIDE DOLLAR
@MersageSWАй бұрын
AAA US Brand with a DDD product.
@keywestalert6329Ай бұрын
Know who you are! If you make less than $60k and do not own residency outright, then wait until you are better financially because more than likely you won't have a similar lifestyle . Do you have a regionally accredited degree? Do you have a cash heavy net worth? Is every dollar accounted for? You may not want that. How can you move when you don't even have stability here? If you have stability, why move?
@NoStoryNoWorryАй бұрын
This episode further affirms my belief that traditional finance and banking are undoubtedly no longer relevant and effective at building and securing wealth. Diversifying is like dollar cost averaging: it helps reduce risk and losses.
@joeysocks5718Ай бұрын
There’s a left wing and a right wing, and they both belong to the same bird 🐦
@panmichael5271Ай бұрын
What does Zeus have to say about this?
@FindyificationАй бұрын
if you watch the USA presidential debate yeaaa you know USA gon to hell whichever won presidency
@melissamelissa2603Ай бұрын
Some people are saying that Trump won’t tax anyone at all, not even a penny and so he’ll make everything more ok than it’s been in a long time.
@andrewcarlson2178Ай бұрын
45% of US taxpayers pay zero or very minimal tax already. That's why you can't trust anybody that says "we'll just tax the rich more", then keep spending the way they have been.
@shirleygriffin7672Ай бұрын
Good morning. True and I have known this for decades. Stay safe everyone
@md6886Ай бұрын
US FOMO can be created.
@GenZBTCАй бұрын
Time to get into BTC boys, the ultimate collateral/asset
@EvangelionismАй бұрын
*U.S. Dollar, not U.S. dollar. Remember y'all...."dollar" is both a noun and a proper noun, the latter when referring to the name of the American dollar. Just like *U.S. Treasury, not "U.S. treasury".
@ardentenquirer8573Ай бұрын
You may want include all EU countries poorly run and regulated and that includes Switzerland which is not EU but the ties are to close and privatization is all gone in all EU and Switzerland country
@phoenix5054Ай бұрын
Sure. But where would you put your money? Russian and Chinese investment "opportunities"? Russia is at 18% interest rate right now AFAIK. Go sell all your dollars, buy rubles, and put your money on Russian bonds.
@dorothymartin8557Ай бұрын
Might not governments make it illegal to hold bond of foreign countries?
@lzeng78Ай бұрын
6
@rogermas6087Ай бұрын
Norway krone is safe. Ressurser Norway have. Dollar not safe. FED lose money. Are FED broke 😂
@Dante3XАй бұрын
👀
@carlospache4706Ай бұрын
If you work hard, and study, you can accomplish anything in the USA or Canada. Do not be carried away.
@sleepyJem1982Ай бұрын
Ha,Ha it was true 50-60 years ago in America but not now .
@warrenwade8531Ай бұрын
"hillory clinton would be better for the U.S. expats" You've never served or you would have never said such a thing. You have a great channel, but statements like that will cost you viewership and clients. Do better.
@batsoup7031Ай бұрын
I can collect at least 4% going long bonds when inflation is around 2%. Bonds have never been cheaper.
@Desizgirl3Ай бұрын
And the government has never been so bankrupt.
@batsoup7031Ай бұрын
@@Desizgirl3 Let’s see where bonds are trading 1 year from now…
@AJohnson0325Ай бұрын
i saw iceland is paying pretty high rates on short term treasury bonds. The yield curve is inverted still.