Economic Indicators Flash Red: Preparing for a Global Recession.

#gold #investment #economy #wealth #bullion #money
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Prepare yourself for a global depression!
Since I was a child, I never understood the logic behind printing money that is only backed by government promises. Today its clear that my instincts was right because I a not the only one think this.
This paper money becomes more valuable than our lives, where we work almost 20 years to own a house.
We live with stress, spending our time for a banks or some dark institutions that allow this system to print money and exchange it with our time and life.
We should not forget that Our life is the most precious asset we have.
But this system pushes us, leaving no other choice but to work all our young and mature years, exchanging our lives for this paper.
Every single day, everything gets more expensive, and time flies by, leaving us with more stress and unhappy lives but we still earn the same amount as it was 5 or 10 years ago.
I read a blog years ago in The Economist, where an economist said China could bankrupt the USA anytime if they wanted to.
If they decided to pull their investments from America, from the stock exchange and other private shareholders, the USA would collapse in five business days.
The reason China doesn't bankrupt the USA
is that they sell cheap plastic stuff to the USA
and take dollars in return.
They use these dollars to buy back gold or stocks from the USA and the rest of the world.
Why would they kill their biggest market and source of cheap labor when they can exchange paper for real tangible assets?
But on the other hand, western media make us think that China's workforce is so cheap and Western countries use China to get cheap stuff and sell them back technology. They think that the Chinese people are slaves to Western countries, but when I remember that China keeps buying gold from Western countries in exchange for paper money, I see that the Chinese people are working for gold, while Western countries are working for paper money and banks.
So, who are the real slaves?
Since World War I and the establishment of the fiat currency , petro dollar system, the US has controlled the global monetary system.
However, many countries have abused these privileges,
prompting other countries to seek alternatives.
inflation getting worse and moving towards hyperinflation, but recent events such as COVID-19, the Ukraine conflict with russia, and tensions between China and the USA , tension between Russia and NATO, are showing that the US dollar fiat currency is hurting the global economy and making us realize that we are modern slaves.
The US dollar continues losing value and no longer fully meets the classic functions of money.
Today, Russia , China, Iran now conduct most of their trade without using US dollars.
they have started trading with each other using their own currencies
and other payment methods. T
hey even created new payment systems and are discussing creating a new BRICS nation currency or digital currency.
At the moment, most countries are about to create their own digital currencies.
Last decaeds, petro dollar global status has allowed the US to take buying power from other countries through inflation, making the US richer with unfair system.
But leaving rest of the world suffer with this inflation and ever-changing prices, but not salaries?
Buying power globally is getting worse every day.
If the dollar continue loses its status as the world's reserve currency, it could lead to a global economic catastrophe.
you don't need a crystal ball to understand this.
We don't know when,
but we can see that it's coming faster
and will crash most of us
if we keep our savings in fiat currency.
As you see on the news, countries like Russia, China, Turkey, and India have been buying gold aggressively over the last 10 years.
It's very clear to see that America's high debt is making people lose confidence in the US dollar as the world's main currency. This is causing other countries to hold fewer US dollars. Instead, central banks will continue buying gold to spread out their investments. The prediction that gold may rise %30 next 18 months.
And if you watched my previous video, I mentioned that even if you keep all your assets in real estate or gold in one country,
it may not guarantee to secure your assets and your family's future if you don't diversify your assets.
Go and watch that video if you haven't. I'll leave the link below.

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