"Credit" is a synonym for "belief." Full faith and credit is eroding, and it couldn't happen to a more corrupt system. The excesses we have funded kill millions of people.
In ancient Ireland about 1500 years ago, the price of a big cow was one ounce of gold. The ounce was roughly the same as todays ounce. A big cow meant a large dry fat cow of good quality. Last month about mid April '23 in an Irish cattle market auction, I sold a good fat Charolais cow. I got 1,890 Euros for her. Gold is now 1.850 Euro an ounce. ruclips.net/video/9-S1w3Se8H4/видео.html
I only understood that fact recently from one of Alistair Macleods talks and found it amazing and comforting in some way. The idea of going back to any time in history with an ounce of gold and the purchasing power pretty much being the same. They don’t call it ‘Gods’ money, or ‘Natures’ money for nothing.
@@crazeben I am a beef farmer in Ireland and I have the sales docket. About that time in Ireland cattle were a currency too. Gold and silver were used only for subdivision into smaller amounts or where the seller did not keep cows. Ireland had a lot of gold. A bridge was built near me in 1913 for £20 Sterling and would now cost 25,000. A basket of goods in 1923 costing £1 would now cost £33. A basket of good in 1972 for £1 would now cost £23. I joined the reserve army in 1969 and pay was £six point 27. Now it is 470. 74 times the amount.
@@ValMartinIreland Yes, cattle as currency. Still happens in parts of Africa I think and would have been the case in parts of India, Africa and Europe in the past. Interesting point about gold and silver as sub division. ‘So that’ll be 2 cows, 1/2oz of gold and 1oz of silver, thank you very much’.
@@crazeben It is very simple when you think of it. I hope Alasdair McCleod sees it. I will send documents on the cow sale if required. In old Ireland there was plenty of gold in streams, now it is in the mountains where there are environmental issues over extraction. Ornaments were made of it. Then the Roman church monks hoarded it and then Vikings came and stole it all.
Not really as America will realign it’s own interest as we have more Energy than you can imagine it’s only our current Gov’t that is allowing this Economy to weaken for political reasons. When Trump is reinstated our American Energy Economy will be re-ignited as well as restructuring of Debt and waste. It’s time to clean house but it will need the next Administrations for 20 years to guide the ship properly.. if not I agree the dollar is doomed as a pegged fiat. Can the Dollar be put back on the Gold standard? Possible or not.. however don’t underestimate the USA & also the decline of the ISA around the World ( which you may support) may also adversely effect all of the World as Americans assist Countries Financially more than any Country in the World. Be careful what you wish for!
Matthew Piepenburg referenced France 1789 and I was always curious as to whether a currency collapse led to the French Revolution. Which of course it did. Alasdair Macleod spoke of his uncle and the Macmillan government dismantling the British empire. I often wonder if this is the route the U.S. will take?
@@kuettlerI'm very interested in your reasoning - in my world the narrative is that the combo of gold and BRICS IS what will scupper the western fiat systems.
Here's a sideways thought. The US is now experiencing exactly the same astrology that created it - Pluto is the planet of Revolutions. Could we see the Union dissolved - especially as some states have already introduced laws making metals legal payments for trade AND taxes?
@@lucylovitt9583 Yes, it will. And the western fiat system has to be ended, since it ruins the west. This is what is discussed here. The tricky part is getting out of the current system without breaking the world. BRICS+ is building a new system. It is a cooperation of many nations, not all of which trust each other. It would be very easy for the US to torpedo the whole project. So easy, in fact, that many nations will only join BRICS+ with some form of insurance that there will be no (effective) push back from the US. The existence of BRICS+ tells you that the current hegemon supports it.
Great conversation. He was dead right about the UK giving up power and control without throwing all their toys out the cot. Lets hope America can bow out with the same grace.
UK realised it could keep its tentacles wrapped around its ex colonies through the banking system rather than costly military. There were also some pretty horrific episodes, particularly in Kenya and Malaysia, of Britains resistance to decolonisation. I think this period of developing multi polarity is the real end of that imperialistic era.
@@crazeben The sodomy is the last sign before the complete destruction of a civilization. Who can come after the Christ, but the Antichrist? It’s Islam + Communism. This Pope is the last one. Rome will fall like Constantinople (1453), like Jerusalem (638). The Era of the Great Slavery is coming upon the world. The blood will flow like a river.
I could buy an ice cream cone at the ice cream truck for a nickel in the early 1960's. Of course, the nickel still contained silver and nickel, and the ice cream had real cream and real sugar (before subsidized corn syrup).
Really love you guys, am also American living and working Export Sales and International Marketing Manager Europe. Yes agree with Matthew, need to be outside America to understand. I must say Alisdair, you are looking very smart in your 3 piece pinstriped suit !!! 👍💙💜
Wow: the comment about every collapse of an empire involves accepting radical Leadership has so much relevance, to today's {Wests} insanity. ie. Biden, trudeau, Johnson, Adern, Morrison, etc.. Just seen your channel today, Kai, I am getting some brilliant insights, which are solidifying my own thoughts, around the World's economic {& other: eg. Covid} situations. You deserve far more subs, with the quality of your interviews. You have +1.
"A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves money from the Public Treasury. From that moment on the majority always votes for the candidates promising the most benefits from the Public Treasury with a result that a democracy always collapses over loose fiscal policy always followed by dictatorship. The average age of the world's greatest civilizations has been 200 years." Alexander Fraser Tytler- "Decline and Fall of the Athenian Republic"
Very logical indeed.the Fed has a choice- crush inflation or crush the dollar. If it choose to crush inflation then the dollar becomes too strong for foreigners to service their foreign debt. In addition the us cost to service its debt would become intolerable. So it has to devalue the dollar, as slowly as possible to give us time to adapt. Up till now one tool for that has been to massively short gold. If that cracks (watch carefully other central banks increase in actual delivered gold), the process will be hurried up quite a bit.
Wow, I happened on this video by chance and I feel so relieved because I thought none of the Americans with clout are willing to say what was said here. I hope the fed makes rational decisions hence forth, because our dollar is now creating a global hunger crisis.. Godspeed guys
Good discussion with some real observations about the criminals in control of world economy and the inflation end game that the working class will have to pay for.
Neoliberal ideology has twisted the meaning of "free market" into the opposite of what the classical economists like Adam Smith intended. The classical economists defined a free market as free FROM economic rents (unearned income), extracted by feudal landlords. The classical role of government is to tax away economic rents and use it to lower the cost of production. This is done through subsidies for such things as public infrastructure, education, and health care, not raising the cost of living and therefore the cost of labor, as with neoliberal monopolistic privatization. Austrian and Libertarian neoliberals have no role for the government in the economy, leaving the market free FOR economic rents, extracted by monopolies and the banks (FIRE, finance, insurance, and real estate). Because the economy does not stay out of government, the result is rule by the rentier oligarchy, otherwise called feudalism. The central planners aren't in the government. The transnational rentier oligarchy at the top of wall street (the deep state) does central planning for their private benefit, and they are the employers of politicians. The job of the politician is to deliver voters to the oligarchy by campaigning on whatever gets them elected with oligarchy funding, then do whatever the oligarchy wants, and they are taken care of whether they are reelected or not. "Reagan’s election marked the ascension of deep political forces to a position of sovereignty. Practically speaking, what emerged was an exceptionist tripartite state comprised of (1) a feckless public state, (2) a sprawling security state, and (3) the anti-democratic deep state to which they are subordinated. This consolidation and institutionalization of top-down power was such that US governance could thereafter be described as a deep state system." Good, Aaron. American Exception: Empire and the Deep State (p. 260). The refugees at the southern border are fleeing rule by the same rentier oligarchy at the top of wall street that employs both political parties and is cannibalizing the homeland into debt peonage. As it is today, "the government" is a synonym for "the corporations". Mussolini spoke of the national Corporate State of Fascism, but ours is an inverted totalitarianism where economics bests politics. Corporations spend more lobbying than the combined payroll and other costs of running both houses of congress, and this doesn't include money in political campaigns. Congress only votes on laws written by corporate lawyers. Public opinion has no effect on legislation. If the US had majority rule, i.e., a democratic form of government, we would have a decent minimum wage, Medicare for all, free education, parental and sick leave, legal marijuana, workers on corporate boards, lower credit card interest, not allowing politicians to own stock or immediately graduate to becoming lobbyists, public funding of drug research for public drug patents, and some kind of green new deal, just at first glance at the polls. We have institutionalized opposition at best, not representation at all.
I as a an ordinary citizen and not a financier knew, like many others, there was a huge problem with the $ more than 2 years ago. the question is: you people didn't know it or didn't want to talk about it then?
excess DEBT is the first problem. Of which the USD is the primary Global Debt instrument. To further exacerbate thiChina and the BRICSs issue of the USD being the primary global Debt instrument, it was tied to globalisation and trade only to be weaponized by the US/CIA, US military, US neocons, which has driven 50 countries aaway from the USD and ensured it's demise. Deindustrialisation of the US has drastically weakened the US economy, it's military and it's security. China & Russia focused on joint agreements to expend Globalistaion into the world, not using Debt (as the west has) but through very long term strategic planning to improve their & BRICS positions to improve Trade through Building Infrastructure. The US and Collective west have wasted Tens of Tillions of dollars on thoughtless military adventurism to spread Debt, to destabilize countries to ensure their inferior status and ensure the US policy of "Full Spectrum dominance which is nothing but rearded in it's scope and Psychopathic in it's thinking. Collaboration between sovereign states is what will lead the next century. The age of Dog eat Dog competition will be left to the west, to endure after a short period when it had benefits.
Why is China's economy falling apart at this time? Historical data suggests it should be recovering now but it continues to degrade? Does anyone know why?
L. A. Tax I couldn't agree with you more. While America continues to pave the way for freedom China stands behind Russia's decision to launch a war against Ukraine. China, for some bizarre reason, is trying to pretend its neutrality while 85% of the world understands it supports Russia. When one combines China's war position with its failing real estate values (due to the criminal activities of the CCP relating to FMV allocations of real estate) it becomes abundantly clear that China is presently operating as a Ponzi scheme. I pity the average Chinese citizen.
@@BWong1234 Everyone living outside the censorship of the CCP knows about the tragedy of living in China. The CCP economy is collapsing as I type this message to you. Do you own one of those phantom condos we hear so much about?
I can offer to you one reason: the real estate market is held hostage by the CCP. They control the prices and values. Real estate is not permitted to allow free market forces. My wife's parent's lost their investment to this real estate scam and the government refuses to take action. A true crooked government.
The Central Banks do not operate honestly. How much money as a percentage of operations do the shareholders take each year? Who are they? What interest are getting in the assets of the people that have been entrusted to the government- that is to say the personages who operate the fiction we call government- to protect them from loss on profits due to their operations that have been promised them in the trust that we are not allowed to see. Why can they not be audited? The proof that they are not operations honestly is that in Japan beginning in 1946 when Japan was a pile of bricks and dust, it’s Central Bank instituted policies that brought it out of desastre in one year. Factories began to operate. They soon began exporting products all over the world, and not too long again had the highest standard of living in the world. Until 1989 when it’s Central Bank was ordered to change its policies by the FEDERAL RESERVE BANK. Read or watch Dr Richard Werner’s The Princes of the Yen (RUclips 1.5 hours) It will tell you all you need to know about Central Banking and why we are in this position. Why we have no factories and so many people living under bridges. And why we have 1 or 2000 people controlling our government., keeping us in endless wars, making a killing of our dead sons, and our not enemies dead families.
Gold… we were here before. There is not enough gold to finance the world economy. The gold standard failed for this reason, it kept economies in a straitjacket. Gold needs to be supplemented by credit. History tells us all we need to know about gold-backed economies. This is not the solution.
Carbon does not have a footprint, humans do. You're the carbon-based organism. Reducing carbon footprint is just another way of saying they want to get rid of you. Wake up!
Great dialogue ... and, you smart people ignored the central bank fractional reserve manipulation of fiat creation and also derivatives in association with the global debt. This is non-fixable - am I wrong? Central banks are buying gold, big time!
Hahaha Hehehe 😁. De-dollarization. Yeah, right! Who wants to put their hard earned money in the domain of Authoritarian systems?. Economic Systems, Political Systems, and Judicial Systems go hand in hand. You can not divulge one from the other. Individual's Freedom is a very powerful thing. Even children, on their way to turning 18, will let you know that.
The dollar is being debased by US government and that WILL destroy it at some point. Debt cannot keep rising and money being printed forever. Do your point is true until it is not.
So get rid of paper assets that have counter party risk even bank accounts. Buy gold silver good used cars. Land. Cheap rental. Property that has 10 percent cash flow in states like w Virginia Arkansas Indianapolis.
No other words but WOW love and respect both guests !!! GOLD SILVER only !!
Two fantastic guests, thanks for sharing 👍
Kudos to you Kai! Two powerhouse guests at once. Good, clear thinking discussion.
Thanks, Henry! Much appreciated. 🙏
Agree absolutely wow new here. To the host here great level questions and critial thinkin!!!
Two well educated spokesman discussing currency & gold. Well done gentleman!!!
Wow ...this is great , Matt and Alasdair together
"Credit" is a synonym for "belief." Full faith and credit is eroding, and it couldn't happen to a more corrupt system. The excesses we have funded kill millions of people.
Well said.
Let us pass the baton to those paragons of virtue, the communist crime syndicates.
Two fantastic guests. A wealth of knowledge and insight. Thankyou Kai.
🙏🙏🙏
In ancient Ireland about 1500 years ago, the price of a big cow was one ounce of gold. The ounce was roughly the same as todays ounce. A big cow meant a large dry fat cow of good quality. Last month about mid April '23 in an Irish cattle market auction, I sold a good fat Charolais cow. I got 1,890 Euros for her. Gold is now 1.850 Euro an ounce. ruclips.net/video/9-S1w3Se8H4/видео.html
I only understood that fact recently from one of Alistair Macleods talks and found it amazing and comforting in some way. The idea of going back to any time in history with an ounce of gold and the purchasing power pretty much being the same. They don’t call it ‘Gods’ money, or ‘Natures’ money for nothing.
@@crazeben I am a beef farmer in Ireland and I have the sales docket. About that time in Ireland cattle were a currency too. Gold and silver were used only for subdivision into smaller amounts or where the seller did not keep cows. Ireland had a lot of gold. A bridge was built near me in 1913 for £20 Sterling and would now cost 25,000. A basket of goods in 1923 costing £1 would now cost £33. A basket of good in 1972 for £1 would now cost £23. I joined the reserve army in 1969 and pay was £six point 27. Now it is 470. 74 times the amount.
@@ValMartinIreland Yes, cattle as currency. Still happens in parts of Africa I think and would have been the case in parts of India, Africa and Europe in the past. Interesting point about gold and silver as sub division. ‘So that’ll be 2 cows, 1/2oz of gold and 1oz of silver, thank you very much’.
@@crazeben It is very simple when you think of it. I hope Alasdair McCleod sees it. I will send documents on the cow sale if required. In old Ireland there was plenty of gold in streams, now it is in the mountains where there are environmental issues over extraction. Ornaments were made of it. Then the Roman church monks hoarded it and then Vikings came and stole it all.
@@ValMartinIreland 👍 Maybe some was buried, eh.
Salute And Cheers To All Stackers
The end of the American Empire in real time.
Not really as America will realign it’s own interest as we have more Energy than you can imagine it’s only our current Gov’t that is allowing this Economy to weaken for political reasons. When Trump is reinstated our American Energy Economy will be re-ignited as well as restructuring of Debt and waste. It’s time to clean house but it will need the next Administrations for 20 years to guide the ship properly.. if not I agree the dollar is doomed as a pegged fiat.
Can the Dollar be put back on the Gold standard? Possible
or not.. however don’t underestimate the USA & also the decline of the ISA around the World ( which you may support) may also adversely effect all of the World as Americans assist Countries Financially more than any Country in the World. Be careful what you wish for!
Just seen Alasdair and Egon, now Alasdair with Matthew. Cool.
Matthew Piepenburg referenced France 1789 and I was always curious as to whether a currency collapse led to the French Revolution. Which of course it did. Alasdair Macleod spoke of his uncle and the Macmillan government dismantling the British empire. I often wonder if this is the route the U.S. will take?
The US will go down kicking and screaming.
BRICS+ could not happen without (covert) US support. This is your answer.
@@kuettlerI'm very interested in your reasoning - in my world the narrative is that the combo of gold and BRICS IS what will scupper the western fiat systems.
Here's a sideways thought. The US is now experiencing exactly the same astrology that created it - Pluto is the planet of Revolutions. Could we see the Union dissolved - especially as some states have already introduced laws making metals legal payments for trade AND taxes?
@@lucylovitt9583 Yes, it will. And the western fiat system has to be ended, since it ruins the west. This is what is discussed here. The tricky part is getting out of the current system without breaking the world. BRICS+ is building a new system. It is a cooperation of many nations, not all of which trust each other. It would be very easy for the US to torpedo the whole project. So easy, in fact, that many nations will only join BRICS+ with some form of insurance that there will be no (effective) push back from the US. The existence of BRICS+ tells you that the current hegemon supports it.
Great conversation. He was dead right about the UK giving up power and control without throwing all their toys out the cot. Lets hope America can bow out with the same grace.
UK realised it could keep its tentacles wrapped around its ex colonies through the banking system rather than costly military. There were also some pretty horrific episodes, particularly in Kenya and Malaysia, of Britains resistance to decolonisation. I think this period of developing multi polarity is the real end of that imperialistic era.
@@crazeben The sodomy is the last sign before the complete destruction of a civilization. Who can come after the Christ, but the Antichrist? It’s Islam + Communism. This Pope is the last one. Rome will fall like Constantinople (1453), like Jerusalem (638). The Era of the Great Slavery is coming upon the world. The blood will flow like a river.
All roads lead to currency. Gold and silver is ITM. Great discussion.
Brilliant chat
I could buy an ice cream cone at the ice cream truck for a nickel in the early 1960's. Of course, the nickel still contained silver and nickel, and the ice cream had real cream and real sugar (before subsidized corn syrup).
Unless you were using a WW2 nickel (briefly silver), it was 25% Nickel 75% Copper just like modern nickels
Me too. How about coke for a nickel from red coke machines?
Really love you guys, am also American living and working Export Sales and International Marketing Manager Europe. Yes agree with Matthew, need to be outside America to understand. I must say Alisdair, you are looking very smart in your 3 piece pinstriped suit !!! 👍💙💜
This guy are both smart guy who make great points
Es tut gut, vernünftigen Männern zuzuhören
Nice and interesting talk. Please interview both again soon but individually. 😎
Wow: the comment about every collapse of an empire involves accepting radical Leadership has so much relevance, to today's {Wests} insanity. ie. Biden, trudeau, Johnson, Adern, Morrison, etc..
Just seen your channel today, Kai, I am getting some brilliant insights, which are solidifying my own thoughts, around the World's economic {& other: eg. Covid} situations.
You deserve far more subs, with the quality of your interviews. You have +1.
Whoever gets Mr. McLeod in a video discussion with Brent Johnson(both brilliant) will own you tube
Great content. Thanks
"A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves money from the Public Treasury.
From that moment on the majority always votes for the candidates promising the most benefits from the Public Treasury with a result that a democracy always collapses over loose fiscal policy always followed by dictatorship.
The average age of the world's greatest civilizations has been 200 years."
Alexander Fraser Tytler- "Decline and Fall of the Athenian Republic"
only the public is getting ripped off like no other this time. its a cleptocracy
I agree.
You can not have taxation without corruption. Impossible !
LET THE EMPIRE BURN TO THE GROUND !!!!! GOOD RIDDANCE !!!!!!!!
AGREE!!!! ANNIHILATE THE EMPIRE!!!
@@fndngnvrlnd THE PEOPLE OF THE WORLD WILL NO LONGER LIVE UNDER TYRANNY ITS JUST THAT SIMPLE !!!!!!!!!!!!!
Some serious IQ right there! That includes you too Kai
Great discussion gentlemen thanks I’m learning something.
Michael Hudson would add another dimension to the conversation.
Love the suit Allister.
Excellent show. Thank you all Gentlemen.
...just the two guests are making this a good round.
Great guests. Well done. 😎
So valuable and true..thanks
Very logical indeed.the Fed has a choice- crush inflation or crush the dollar. If it choose to crush inflation then the dollar becomes too strong for foreigners to service their foreign debt. In addition the us cost to service its debt would become intolerable. So it has to devalue the dollar, as slowly as possible to give us time to adapt. Up till now one tool for that has been to massively short gold. If that cracks (watch carefully other central banks increase in actual delivered gold), the process will be hurried up quite a bit.
What effects do the labor markets have in De- dollarization and families.
Two bright men saying out loud what we're unlikly to hear from polititians and propaganda experts on big media. TY, Matthew and Alistar, and Soar!
You are welcome! 🙏
Good interview.
Two awesome guests
Thx 🙏 very interesting
Wow, I happened on this video by chance and I feel so relieved because I thought none of the Americans with clout are willing to say what was said here. I hope the fed makes rational decisions hence forth, because our dollar is now creating a global hunger crisis.. Godspeed guys
Good discussion with some real observations about the criminals in control of world economy and the inflation end game that the working class will have to pay for.
Neoliberal ideology has twisted the meaning of "free market" into the opposite of what the classical economists like Adam Smith intended. The classical economists defined a free market as free FROM economic rents (unearned income), extracted by feudal landlords. The classical role of government is to tax away economic rents and use it to lower the cost of production. This is done through subsidies for such things as public infrastructure, education, and health care, not raising the cost of living and therefore the cost of labor, as with neoliberal monopolistic privatization.
Austrian and Libertarian neoliberals have no role for the government in the economy, leaving the market free FOR economic rents, extracted by monopolies and the banks (FIRE, finance, insurance, and real estate). Because the economy does not stay out of government, the result is rule by the rentier oligarchy, otherwise called feudalism.
The central planners aren't in the government. The transnational rentier oligarchy at the top of wall street (the deep state) does central planning for their private benefit, and they are the employers of politicians. The job of the politician is to deliver voters to the oligarchy by campaigning on whatever gets them elected with oligarchy funding, then do whatever the oligarchy wants, and they are taken care of whether they are reelected or not.
"Reagan’s election marked the ascension of deep political forces to a position of sovereignty. Practically speaking, what emerged was an exceptionist tripartite state comprised of (1) a feckless public state, (2) a sprawling security state, and (3) the anti-democratic deep state to which they are subordinated. This consolidation and institutionalization of top-down power was such that US governance could thereafter be described as a deep state system."
Good, Aaron. American Exception: Empire and the Deep State (p. 260).
The refugees at the southern border are fleeing rule by the same rentier oligarchy at the top of wall street that employs both political parties and is cannibalizing the homeland into debt peonage.
As it is today, "the government" is a synonym for "the corporations". Mussolini spoke of the national Corporate State of Fascism, but ours is an inverted totalitarianism where economics bests politics. Corporations spend more lobbying than the combined payroll and other costs of running both houses of congress, and this doesn't include money in political campaigns. Congress only votes on laws written by corporate lawyers. Public opinion has no effect on legislation.
If the US had majority rule, i.e., a democratic form of government, we would have a decent minimum wage, Medicare for all, free education, parental and sick leave, legal marijuana, workers on corporate boards, lower credit card interest, not allowing politicians to own stock or immediately graduate to becoming lobbyists, public funding of drug research for public drug patents, and some kind of green new deal, just at first glance at the polls. We have institutionalized opposition at best, not representation at all.
@@spiritofgoldfish their system of unearned income is looking shaky at present... great if it collapses!
More conversations like this
I as a an ordinary citizen and not a financier knew, like many others, there was a huge problem with the $ more than 2 years ago. the question is: you people didn't know it or didn't want to talk about it then?
Where's the resistance?
Its gonna end much faster than people think. The process started years ago
Well, they gave Bernanke a Nobel!
excess DEBT is the first problem. Of which the USD is the primary Global Debt instrument. To further exacerbate thiChina and the BRICSs issue of the USD being the primary global Debt instrument, it was tied to globalisation and trade only to be weaponized by the US/CIA, US military, US neocons, which has driven 50 countries aaway from the USD and ensured it's demise. Deindustrialisation of the US has drastically weakened the US economy, it's military and it's security.
China & Russia focused on joint agreements to expend Globalistaion into the world, not using Debt (as the west has) but through very long term strategic planning to improve their & BRICS positions to improve Trade through Building Infrastructure. The US and Collective west have wasted Tens of Tillions of dollars on thoughtless military adventurism to spread Debt, to destabilize countries to ensure their inferior status and ensure the US policy of "Full Spectrum dominance which is nothing but rearded in it's scope and Psychopathic in it's thinking. Collaboration between sovereign states is what will lead the next century. The age of Dog eat Dog competition will be left to the west, to endure after a short period when it had benefits.
Do the viewer a favor and let Alister complete thought
BRICS + BRICS + BRICS +
Why is China's economy falling apart at this time? Historical data suggests it should be recovering now but it continues to degrade? Does anyone know why?
???
L. A. Tax I couldn't agree with you more. While America continues to pave the way for freedom China stands behind Russia's decision to launch a war against Ukraine. China, for some bizarre reason, is trying to pretend its neutrality while 85% of the world understands it supports Russia. When one combines China's war position with its failing real estate values (due to the criminal activities of the CCP relating to FMV allocations of real estate) it becomes abundantly clear that China is presently operating as a Ponzi scheme. I pity the average Chinese citizen.
Oh really.!!! Where did you learn China is declining per your comment.? Must be CNN 😂😂😂
@@BWong1234 Everyone living outside the censorship of the CCP knows about the tragedy of living in China. The CCP economy is collapsing as I type this message to you. Do you own one of those phantom condos we hear so much about?
I can offer to you one reason: the real estate market is held hostage by the CCP. They control the prices and values. Real estate is not permitted to allow free market forces. My wife's parent's lost their investment to this real estate scam and the government refuses to take action. A true crooked government.
Dollars and Euro, no more explotation in Latan.
The Central Banks do not operate honestly. How much money as a percentage of operations do the shareholders take each year? Who are they? What interest are getting in the assets of the people that have been entrusted to the government- that is to say the personages who operate the fiction we call government- to protect them from loss on profits due to their operations that have been promised them in the trust that we are not allowed to see. Why can they not be audited?
The proof that they are not operations honestly is that in Japan beginning in 1946 when Japan was a pile of bricks and dust, it’s Central Bank instituted policies that brought it out of desastre in one year. Factories began to operate. They soon began exporting products all over the world, and not too long again had the highest standard of living in the world. Until 1989 when it’s Central Bank was ordered to change its policies by the FEDERAL RESERVE BANK. Read or watch Dr Richard Werner’s The Princes of the Yen (RUclips 1.5 hours) It will tell you all you need to know about Central Banking and why we are in this position. Why we have no factories and so many people living under bridges. And why we have 1 or 2000 people controlling our government., keeping us in endless wars, making a killing of our dead sons, and our not enemies dead families.
Gold… we were here before. There is not enough gold to finance the world economy. The gold standard failed for this reason, it kept economies in a straitjacket. Gold needs to be supplemented by credit. History tells us all we need to know about gold-backed economies. This is not the solution.
What's your carbon footprint after that in person meeting?? We need carbon police!!
Carbon does not have a footprint, humans do. You're the carbon-based organism. Reducing carbon footprint is just another way of saying they want to get rid of you. Wake up!
Buy Polaroid
Aliens
@20:20
Anarchy has arrived alas and it is here to stay. The gig is up says 9 billion👁👁
The new currency will be called the Wink - because we know its secretly pegged to the US dollar _wink wink_
Great dialogue ... and, you smart people ignored the central bank fractional reserve manipulation of fiat creation and also derivatives in association with the global debt. This is non-fixable - am I wrong? Central banks are buying gold, big time!
Hello
So the American dollar failed as a world currency in a few decades whereas the British pound lasted for centuries. Shows what happens to upstarts.
Lots of talk
Lots of misinformation too
Sad.
Do your own critical thinking folks
Where are the recommendations?????
Hahaha Hehehe 😁. De-dollarization. Yeah, right! Who wants to put their hard earned money in the domain of Authoritarian systems?. Economic Systems, Political Systems, and Judicial Systems go hand in hand. You can not divulge one from the other. Individual's Freedom is a very powerful thing. Even children, on their way to turning 18, will let you know that.
Well put
The dollar is being debased by US government and that WILL destroy it at some point. Debt cannot keep rising and money being printed forever. Do your point is true until it is not.
So get rid of paper assets that have counter party risk even bank accounts. Buy gold silver good used cars. Land. Cheap rental. Property that has 10 percent cash flow in states like w Virginia Arkansas Indianapolis.
Alastair should be on by himself
Might want to do a sound check on your next interview. Very disappointing! Great guests lots of wisdom.
I think the other mics are picking up the host's voice hence the double overlay
Usd is 0 inflation kills it
Matthew makes no sense