Our debt indicator used to be “the debt clock”… as of April 2024, this clock was “fixed to run slower”. This means that our debt at this time is way beyond 35 trillion… now reaching 36 trillion .This is an undeniable indicator of how bad governance has gotten in America. I have $100k that i like to invest in a non-retirement account, any advice on that?
I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of five percent. Put money aside for the times when the market really starts to bounce back. most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Not to blow her trumpet, but Svetlana Sarkisian Chowdhury is exceptional in navigating tough markets. She has been planner ever since we met in London global economy conference. she's verifiable , so you could just search her and book an apointment. good luck!
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Transfer of wealth usually occur during inflation and market crash at times like this. So for me,this is time for aggressive investment. The more stocks drop, the more I buy. I'm just focused on making better investments and earning more as recession fear increases.
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
True. A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k Show less
My CFA ’Giselle Babilonia Cantada’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
As recession fears mount on Wall Street and inflation remains well above the Fed's 2% target, some of the top commentators in markets, business, and economics have been sounding off on just how bad they think the next downturn might be - and how far stocks may have to fall. I need ideas and advice on what investments to make to set myself up for retirement
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Jenienne Miniter Fagan is exceptional in navigating tough markets. She has been of great help. she's verifiable , so you could just search her and book an apointment. good luck!
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I've been with ''Jenienne Miniter Fagan'' for the last five years or so, and her returns have been pretty much amazing
Governments and central banks typically respond with a mix of monetary and fiscal policies. Central banks might lower interest rates or provide liquidity to financial institutions
The impact of an economic crisis can vary significantly by region. Developed economies may have more tools and resources to manage crises, while emerging economies might face greater challenges
An economic crisis can have widespread impacts on the global economy, affecting everything from financial markets to employment rates. It often leads to reduced economic activity, higher unemployment, and financial instability
Persistent inflation can lead to long-term economic challenges, such as reduced consumer confidence, increased costs for businesses, and potential slowdowns in economic growth. It can also influence government policies and international trade dynamics as countries try to manage inflation
You said you think that a XAI80K will outperform btc. What makes you think this? Are there macoeco, technical, fundimental, or valuation reasons for this?
Every time things get bad in the US the rest of the world does way worse. The US won't last forever but given our surpluses of things that matter: land, food, energy, and security, we'll be the last country to fall.
@@louprado8319Yeah that was before dedollarisation. The US dollar is a sinking ship. More and more countries are abandoning the dollar. So, when the US falls the fallout wont be as bad for those countries that have dedollarised.
Just swapped all of my last ETH and swapped it into XAI80K. Already up a little bit. Unfortunately I have some other junk staked which won’t free up for a while. Still now I am on the train!
64 and on the street. Street or live with convicts being housed by hud co-ops. I was threatened with a fire arm, knives, they raised the rent and the felons were all left alone. Many fled. Knives in apartment doors. They have banded together running the building.
Americans don't believe it. Still living it up. Spending money. Holiday celebrations. Out to eat. Out of town trips. Americans will never believe it until it happens
Intergenerational family, tight community, life skills, knowledge of the natural world & our place in it, and our wealth have been wrestled away from us… we need to be the seeds of those good ways.
The dollar is literally being destroyed / debased / devalued. The best performing asset in the history of the world is BITCOIN. It is by far the best store of value. 10 years from now you’ll be thankful for every dollar you put into it.. My two cents.
Regretting missing out on earlier Bitcoin investments, I kept funds in a HYSA. Now, with $200k to invest, I aim to avoid FOMO and buying at the peak. What's the best approach for a newbie to navigate the market?
This is a perplexing economy. Some people claim that this is the strongest economy ever, and I am aware of what it took to bring our economy back from the abyss of a pandemic to its current position as the strongest in the world. However, not everyone shares this opinion, and I want to focus on the finances today rather than the politics and emotions that surrounded the issue.
We experienced two straight quarters of negative GDP growth on July 28, 2022. All of a sudden, after a year of walking in the rain, you realize that you are wet.
The first three businesses that instantly came to mind were Dixon This pertains to the company's complete details in the Pro Investor membership. If you haven't already, glance out *Leah* *Foster* *Alderman* to view the Pro Investor membership. It's there that she discusses the membership. The goal of the entire procedure is to provide you with one stock from every sector in complete detail so you may do your own study of businesses from other industries. I suppose my perspective on hoarding versus spending is longer-term and extends beyond my immediate family.
I purchased 10K USD worth of Boden at.03 USD, but it's now.06 USD, lol. I'm holding this one until the elections in November 2024, when I believe it will hit 1-2 USD and have a huge effect on her when searched.
Q Someone wants the legacy of SAVING THE US DOLLAR 💵 Good to have a little bit of alternatives Just in case: bitcoin, ethereum, Dogecoin, xrp, gold, silver, copper. FOOD CLOTHING SHELTER A BARTERING/TRADE NETWORK OF REAL PEOPLE. Q❤
I'm a millennial and I can definitely say that with the current political and economic conditions here in the US, expatriating or getting a second citizenship has been sounding like a really good idea.
@@jamyDodger This is the problem. It doesn't matter how bad our countries get if it's no better anywhere else. I think there's a few options right now, but I don't know for sure and would have to visit and spend 6-12 months in a few places to know.
Problem is the globalist agenda is being pushed world wide. There really aren't that many places. Usually the places with more freedom have less developed economies, so less pay. If you can work remote, it increases your options.
Money is not meant to control people, rather it is meant to be put to work producing more money for you. You cannot build wealth without putting money in its rightful place
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
I’ve been listening to Peter since Crashproof. He’s the only one telling the truth as painful as it is. Any one who has 2 or more brain cells knows this is not sustainable long term. The boom is coming. I can only hope it arrives after I’m gone.
@@BooBooSpider67So you think the endless money printing, massive growing debt, and reckless spending is sustainable? The consequences for spending like a drunken sailor will arrive someday. Maybe not tomorrow, but eventually.
Peter Schiff is the North Star of TRUTH, LOGIC AND COMMON SENSE; he has been consistent for over 20 years... I just shared his earliest videos with others to PROVE to them that the kaboom is ours and LONG in the making...
The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income, thus I am looking at the stock market to fuel my retirement goal of $3m, my only concern is the recent market crash.
You're right, I and a few Neighbors in Bel Air Area work with an Inveestment Adviser who prefers we DCA across other prospective sectors instead of a lump sum purchase. As a resu lt, my portf0lio has recorded significant improvement even during the most unfavorable market season. `
I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with "Kathleen Cheryl Constantz" for years and highly recommend her. See if she meets your criteria.
The US defaulted on its debt twice previously. April 1933 & August 1971. You might want to look it up to understand the differences between then and now.
If you look at the differences in years, it's about 35-40 years a major monetary event happens. 1933: Roosevelt made gold illegal to own. 1971: Nixon removed the US from the Gold Standard (Bretton-Woods). Difference from 1933: 38 years. 2008 Financial Crisis. Difference from 1971: 37 years. If this continues, the next major monetary event will be 2045 or so. My guess is that by 2045, we'll have 3 GENERATIONS retired (all Baby Boomers will most likely be deceased, Gen X and Millennials will be entering retirement) and not enough workers to replace them because Gen X and Millennials are having cats instead of babies.
Tax thing blows my mind. I worked in China with Americans and couldn't believe they had to do all their tax returns and pay taxes on their wages to the USA as well as China. Pure madness in the 'Land of the Free' 😊
UsSA gvt pays the "fed" for money AND printing. The "fed" is not a gvt agency. It is held by individual banking families. It is Constitutionally illegal for US gvt to out source printing
Our economy is struggling with uncertainties, housing issues, bad weather conditions,foreclosures, global fluctuations, and the pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Yeah, you can't just ask for a 50% raise because life is expensive and you feel owed that because of inflation. Employer will find someone else or relocate to cheaper country, or automate you out. Inflation will be way worse for younget generstion than older imo.
The fact this dude thinks the youth can ask for more money is laughable. He's more concerned with all the people that made these horrible choices than his grand children that will be left with the bag because he cannot retire in luxury. While the rest of us will be working till we are dead. I'm so tired of these bad actors. Inflation is already destroying the country what does he think happens if we start default on our debt?
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer....
I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
Most people are retiring this year and has nothing to show for. But I assure you it’s never late to get your financial life together again.. All thanks to Natalie Strayer for I and my family
TOKYO -- Norinchukin Bank will sell more than 10 trillion yen ($63 billion) of its holdings of U.S. and European government bonds during the year ending March 2025 as it aims to stem its losses from bets on low-yield foreign bonds, a main cause of its deteriorating balance sheet, and lower the risks associated with holding foreign government bonds. The company's net loss for the year ending March 2025, which was previously forecast to top 500 billion yen, will rise to the 1.5 trillion yen level with the bond sales.
@@0Turboxsounds to me like we're pretty deep in the vicious cycle. Managed "hyperinflation"... not really hyper, but sure ain't stagnant. In a way, pretty desirable for US gov't: Madly rough, but Japan's US debt holding VALUE drops roughly 14%/yr at this point. Sounds to me like unloading might be wise.
The solution just may be a little simpler ! Become again energy independent and then add INDIRECT taxes so that EVERYBODY pays taxes ! Not to the degree of Europe but somewhere between ! Then slash federal expenses. First : reduce the “defense” expenses by 50% and close down at least 5o% of the overseas bases. STOP the aggressive war mongering and seek to attract foreign business partners instead of pissing off everybody like JB does !
The thing is this... the people in charge have two options. One option has an uncertain timeline and the other option has a very predictable timeline. We aren't sure how much longer we can push this down road with printing. But if we stop printing, the effect will be immediate and severe.
Correct. Path of least resistance is continue printing..by a wide margin.. However…the printing bonanza is really starting to impact the stability of core US institutions and the public’s confidence in them.. If the public at large loses confidence in the legal institutions..the state collapses.. So yeah..it’s basically over…party and enjoy life NOW…
Once the system explodes everyones money will get frozen and our money will be gone because the banks will steal it to save themselves all over the world😂😂😂
This is why in many eastern countries people hold gold. Cant trust the government, the fiat money or even that real estate won’t get taken off you. A well hidden gold bar is an amazing family insurance.
@@johnnyBrwn I don't focus on one particular issue....there's a laundry list of issues. That combined, are a systematic deconstruction of the country as we know it. And yes, including the devaluing of the currency 😥
True, but he will be right eventually unless something vastly changes. It doesn't take a genius to figure out if you devalue a currency this much, and all around the world your currency is the world reserve---they will abandon your currency when they get properly set up to handle dropping you. It's no different than a spouse trying to leave a toxic financial marriage... they might have to put up a bunch of funds on the side and then take the leap.
My only problem with the “they’ll just inflate away the debt” theory is that they keep adding to the debt faster than inflation. That seems to necessarily be a death spiral not an actual solution with a survivable ending
Our economy is struggling with uncertainties, housing issues, foreclosures, global fluctuations, and the pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
@@stefanonbekend8177 and who owns the Federal Reserve? Rothchilds. And what do they have in common with who owns the banks and media and Epstein? Like I said, we know who’s responsible for it. They need to seize assets and put these people in prison. Problem is they’re too entrenched, everyone is bought, and nobody is willing to do anything about it.
@@goldeneggduck no they aren’t. They are military vehicles. And land. National parks. And buildings. We have something like 200 trillion in assets. It’s about debt to asset ratio. And we are fine
Can’t wrap my head around how the 🇺🇸 gov would collect taxes if left the country, doesn’t seem enforceable. When I leave I won’t bother renouncing citizenship or paying any taxes…
Stupid! I thought realistically funny. Recall Thatchier telling Garbo “we have to build walls” to keep people coming into the country. U are building walls to keep people from leaving the country. What an irony 50 years can inject.
Same problems around. UK... Immigration... It us a frickin island. Cost of living, inflation. The question is where is the safest place for your assets depending on your risk tolerance.
We don't have to default - just pay that silly debt with printed dollars and be done with it. Of course, we'd never be able to run a deficit again, but I see that as a good thing!
Peter schiffs made a career out of doom preaching … while he speaks truth he is exaggerating to keep people on edge and also sell products and keep people listening to him.
Well the thing is... The doom preaching actually contributes to the doom because it changes people's behaviors, financial or otherwise. If you think the economy is going to collapse you're going to behave differently than if you think the economy is strong. Perception drives reality.
@@limitisillusion7 true, seems like it’s progressing rapidly with big decrease in citizens spending due to terrible government and worldwide issues. Hoping for a big paradigm shift soon but not gonna hold my breath and try to prepare as best I can.
@@Hogo69 You do you, but understand that every moment you spend preparing for collapse is a moment less you spend contributing to the paradigm shift. It's doesn't happen on its own. Fear of a terrible future drives completely different behaviors than excitement about a better future.
The biggest problem with the default is that ALL US citizens will be left holding the bag (~$100k each). It will be like a HOA assessment on your condo for 'repairs'.
No economist has the balls to say it. The only way to reduce the debt quickly and permanently is to drastically reduce the size of the government at all levels.
The problem with Peter is that he says what nobody wants to hear and what nobody else wants to say because it doesn't fit the narrative. If you can't see what he is saying is the truth then you aren't looking for the truth.
@@gwills9337 Exactly! What I see in most people is emotion based confirmation bias masquerading as wisdom and/or good intentions. And we all know what to road to hell is paved with. I know cuz I used to be one of them....I confess I voted for Obama and I got some of my friends to do it too. I have deeply and sorrowfully repented for such a grave miscalculation but I also admit that I was brainwashed all up in my feelings and I truly believed I was helping.
When you print your own currency, there is no consequence when the price is baseless. 2 generations from now, kids will wish they had the same opportunities Millennials had when houses were "only" 3.5 times their salaries
Our debt indicator used to be “the debt clock”… as of April 2024, this clock was “fixed to run slower”. This means that our debt at this time is way beyond 35 trillion… now reaching 36 trillion .This is an undeniable indicator of how bad governance has gotten in America. I have $100k that i like to invest in a non-retirement account, any advice on that?
I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of five percent. Put money aside for the times when the market really starts to bounce back. most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Not to blow her trumpet, but Svetlana Sarkisian Chowdhury is exceptional in navigating tough markets. She has been planner ever since we met in London global economy conference. she's verifiable , so you could just search her and book an apointment. good luck!
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Transfer of wealth usually occur during inflation and market crash at times like this. So for me,this is time for aggressive investment. The more stocks drop, the more I buy. I'm just focused on making better investments and earning more as recession fear increases.
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Svetlana Sarkisian Chowdhury by name. Please do your own research to see if he is suitable with your goals
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
This November elections might really take a hit on the stock market, how can I invest my 250K cash saving to capitalize on the market crisis?
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
True. A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k
Show less
impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now
My CFA ’Giselle Babilonia Cantada’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
As recession fears mount on Wall Street and inflation remains well above the Fed's 2% target, some of the top commentators in markets, business, and economics have been sounding off on just how bad they think the next downturn might be - and how far stocks may have to fall. I need ideas and advice on what investments to make to set myself up for retirement
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Who is the driving force behind your success?
Jenienne Miniter Fagan is exceptional in navigating tough markets. She has been of great help. she's verifiable , so you could just search her and book an apointment. good luck!
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I've been with ''Jenienne Miniter Fagan'' for the last five years or so, and her returns have been pretty much amazing
The specific economic structure and resilience of each region play a crucial role in determining the impact
Governments and central banks typically respond with a mix of monetary and fiscal policies. Central banks might lower interest rates or provide liquidity to financial institutions
The impact of an economic crisis can vary significantly by region. Developed economies may have more tools and resources to manage crises, while emerging economies might face greater challenges
An economic crisis can have widespread impacts on the global economy, affecting everything from financial markets to employment rates. It often leads to reduced economic activity, higher unemployment, and financial instability
Persistent inflation can lead to long-term economic challenges, such as reduced consumer confidence, increased costs for businesses, and potential slowdowns in economic growth. It can also influence government policies and international trade dynamics as countries try to manage inflation
With prices seemingly going up on everything, I'm not sure how to protect my finances
Welcome to Zimbabwe, Americans!
Rhodesia* Zimbabwe is as legit as Isreal is.
Na, we have guns.
Let's enjoy the spending while we can! Spend MORE, let's approve more spending, more monetization. No one can tell the US what to do!
😂😂😂😂😂😂😂😂😂😂
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🙂🤣
You said you think that a XAI80K will outperform btc. What makes you think this? Are there macoeco, technical, fundimental, or valuation reasons for this?
You’re black
I lived in Pittsburgh. Now I'm in Estonia.
LEAVE THE UNITED STATES!!!
America died with Kennedy.
Kennedy was a hack. Just one of his policies has done in America. You better pray, Russia doesn't want Estonia back. lol
Every time things get bad in the US the rest of the world does way worse. The US won't last forever but given our surpluses of things that matter: land, food, energy, and security, we'll be the last country to fall.
@@louprado8319lmao ok enjoy
@@rawwordWe certainly shall
@@louprado8319Yeah that was before dedollarisation. The US dollar is a sinking ship. More and more countries are abandoning the dollar. So, when the US falls the fallout wont be as bad for those countries that have dedollarised.
Man look at all these scam bots posting about XAI80K. Disgusting
The problem equally as big is it took me to report and discard of all the scams since no one else would after hours of this video being put up.
There is a fool born every minute.
@@douglassmith9445 I was doing the same. Good on you.
Lots of scammers on other channels as well. It gets worse and worse over time.
@@bitpilot79 Sign of the times, IMO.
Whoever thought the American dream, would be to leave….😢
It's certainly starting to feel that way.
Oof.
That’s why we need the wall built!!!
economy is beyond walls, imf needs to out of the wall if build a wall around it your wall becomes costly prison😂😂@@JV-zt8lc
economy is beyond walls, imf needs to out of the wall if build a wall around it your wall becomes costly prison😂
Just swapped all of my last ETH and swapped it into XAI80K. Already up a little bit. Unfortunately I have some other junk staked which won’t free up for a while. Still now I am on the train!
Have fun losing all your money in a speculative market filled with scammers
Bots
Project of the year 2024 easily
I hope more people will see that this can save everything even now
Presale is till live, just got mine.
We need to focus on growing food and helping each other. This ponzi is over. People living on the streets already
64 and on the street. Street or live with convicts being housed by hud co-ops. I was threatened with a fire arm, knives, they raised the rent and the felons were all left alone. Many fled. Knives in apartment doors. They have banded together running the building.
We wish you well
Americans don't believe it. Still living it up. Spending money. Holiday celebrations. Out to eat. Out of town trips. Americans will never believe it until it happens
The food system and farms are also
under attack.
Intergenerational family, tight community, life skills, knowledge of the natural world & our place in it, and our wealth have been wrestled away from us… we need to be the seeds of those good ways.
thanks for bringing up XAI80K pair - Watching all your videos when I get notified
Very good calls regarding XAI80K! It’s now either make it or break it for XAI80K ! I would love to hear what are your targets moving up.
BOTS HAVING SEX!! LOOK OUT!!! DANGER!!! HIDE YO KIDS. HIDE YO WIFE. BOTS ARE EVERYWHERE!!!
We live in a corrupted society
It is called Capitalism.
@@rubberyowen1469 This isn't capitalism you che gueverra jr dunce.
Got in at XAI80K at $1 but will be holding it till $50. Even at that price market cap is reasonable for its tech.
Bull $hit
The dollar is literally being destroyed / debased / devalued. The best performing asset in the history of the world is BITCOIN. It is by far the best store of value. 10 years from now you’ll be thankful for every dollar you put into it.. My two cents.
Regretting missing out on earlier Bitcoin investments, I kept funds in a HYSA. Now, with $200k to invest, I aim to avoid FOMO and buying at the peak. What's the best approach for a newbie to navigate the market?
@@roberttaylor662 buy bottoms
Binance listing XAI80K is definitely around the corner is just a matter of time and patience.
There is a fool born every minute.
Booottttssssss
Best bet for 100x is going to be XAI80K , once its on major exchanges it will explode.
get away from it save yourself no sense of getting exploded
Put all your money into it man. Buy. Buy. Buy. Make sure to even bet your power bill so you won't be able to make comments either
The national debt load is going to hit $35T by September 2024. The average American doesn't care and wouldn't know what is the consequences. 😭😭😭
In July it is 35.7 T!
This is a perplexing economy. Some people claim that this is the strongest economy ever, and I am aware of what it took to bring our economy back from the abyss of a pandemic to its current position as the strongest in the world. However, not everyone shares this opinion, and I want to focus on the finances today rather than the politics and emotions that surrounded the issue.
We experienced two straight quarters of negative GDP growth on July 28, 2022. All of a sudden, after a year of walking in the rain, you realize that you are wet.
The first three businesses that instantly came to mind were Dixon This pertains to the company's complete details in the Pro Investor membership. If you haven't already, glance out *Leah* *Foster* *Alderman* to view the Pro Investor membership. It's there that she discusses the membership. The goal of the entire procedure is to provide you with one stock from every sector in complete detail so you may do your own study of businesses from other industries. I suppose my perspective on hoarding versus spending is longer-term and extends beyond my immediate family.
Investing in bitcoin offers numerous benefits, such as a promising future. You are no longer the victim of theft.
I purchased 10K USD worth of Boden at.03 USD, but it's now.06 USD, lol. I'm holding this one until the elections in November 2024, when I believe it will hit 1-2 USD and have a huge effect on her when searched.
The token, XAI65K$, is mine! Fantastic play; excited for the remainder of this bull run!
XAI80K going up like crazy! Pick up around 0.67 and now it’s hit $1! I wish i had bought more!😂😂😂
Go away bot. Nobody is going to buy your fake crypto BS
Bots at that 680 like for each separate comment 😂
Good luck with that. The only real money is physical gold and sliver.
Don't let the crypto crash distract you from the reality that Elon's new XAI80K is currently printing millionaires.
XAI80K is my biggest bag
Money is not going to matter for whats coming to this country
whats coming?
@@rmg2419. Gods’ judgement.
Q
Someone wants the legacy of
SAVING THE US DOLLAR 💵
Good to have a little bit of alternatives
Just in case: bitcoin, ethereum, Dogecoin, xrp, gold, silver, copper.
FOOD
CLOTHING
SHELTER
A BARTERING/TRADE NETWORK OF REAL PEOPLE.
Q❤
@@rmg2419death and destruction
yesh. 'cryin' won't help ya, prayin' won't do you no good.' - LedZepplin, 'WTLB'.
I'm a millennial and I can definitely say that with the current political and economic conditions here in the US, expatriating or getting a second citizenship has been sounding like a really good idea.
Dude… if 🇺🇸 defaults and crashes. The rest of the world will also be in a bad way.
Come here to australia or n.z. guys@@jamyDodger
@@jamyDodger This is the problem. It doesn't matter how bad our countries get if it's no better anywhere else. I think there's a few options right now, but I don't know for sure and would have to visit and spend 6-12 months in a few places to know.
Problem is the globalist agenda is being pushed world wide. There really aren't that many places. Usually the places with more freedom have less developed economies, so less pay. If you can work remote, it increases your options.
Russia
Money is not meant to control people, rather it is meant to be put to work producing more money for you. You cannot build wealth without putting money in its rightful place
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
I'm surprised that you just mentioned and recommend Mr Brian Nelson. I met him at a conference in 2018 and we have been working together ever since.
nice! once you hit a big milestone, the next comes easier. How can i reach him, if you don't mind me asking?
I’ve been listening to Peter since Crashproof. He’s the only one telling the truth as painful as it is. Any one who has 2 or more brain cells knows this is not sustainable long term. The boom is coming. I can only hope it arrives after I’m gone.
The U.S. dollar is,nt going anywhere. That is a ploy to get you too spend, not save.
@@BooBooSpider67So you think the endless money printing, massive growing debt, and reckless spending is sustainable? The consequences for spending like a drunken sailor will arrive someday. Maybe not tomorrow, but eventually.
Peter has been singing this song for a long time and I think he is close to being right. We need a reset people.
A government that fails to openly discuss the consequences of its overspending, will reap the grossest consequential forms of societal debts.
Peter Schiff is the North Star of TRUTH, LOGIC AND COMMON SENSE; he has been consistent for over 20 years... I just shared his earliest videos with others to PROVE to them that the kaboom is ours and LONG in the making...
I’d argue 40% tax bracket is already “high taxes” and I think we will see retirees start moving overseas
The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income, thus I am looking at the stock market to fuel my retirement goal of $3m, my only concern is the recent market crash.
for majority, the solution to their problem can be found in specialized knowledge, so can as well seek assistance from a well-experienced Adviser
You're right, I and a few Neighbors in Bel Air Area work with an Inveestment Adviser who prefers we DCA across other prospective sectors instead of a lump sum purchase. As a resu lt, my portf0lio has recorded significant improvement even during the most unfavorable market season. `
I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with "Kathleen Cheryl Constantz" for years and highly recommend her. See if she meets your criteria.
The US defaulted on its debt twice previously. April 1933 & August 1971. You might want to look it up to understand the differences between then and now.
I think the correct term would be defaulted on their obligations. But yes, you're right.
If they don't default...austerity will be a motherfkr
If you look at the differences in years, it's about 35-40 years a major monetary event happens. 1933: Roosevelt made gold illegal to own. 1971: Nixon removed the US from the Gold Standard (Bretton-Woods). Difference from 1933: 38 years. 2008 Financial Crisis. Difference from 1971: 37 years. If this continues, the next major monetary event will be 2045 or so. My guess is that by 2045, we'll have 3 GENERATIONS retired (all Baby Boomers will most likely be deceased, Gen X and Millennials will be entering retirement) and not enough workers to replace them because Gen X and Millennials are having cats instead of babies.
Now we import about everything. Then we exported and where self sufficient
Sort of. Those were not unilateral defaults. There were four actually.
An interview with Ran Paul and Peter Schiff would be fascinating.
yeah, I'd love to watch that!
It's great that you teach about every area of life, including finance. We also try to educate and share knowledge, you are very inspirational.
Love Peter and Tom. ❤❤
Peter Schiff is right once every twenty years. But he is right.
he has been right for over 20 years when it comes to the math... he never thought it would get this insane... know this: the KABOOM IS HUUUGE.
A broken clock is right twice a day
❤😂❤
US spending too much on war aggression, over sea military bases, military equipment's, military donation and poor management of human development.
Tax thing blows my mind. I worked in China with Americans and couldn't believe they had to do all their tax returns and pay taxes on their wages to the USA as well as China. Pure madness in the 'Land of the Free' 😊
China's middle class is imploding. Everything is faked in China
UsSA gvt pays the "fed" for money AND printing. The "fed" is not a gvt agency. It is held by individual banking families. It is Constitutionally illegal for US gvt to out source printing
according to the constitution only gold and silver can be money.
Our economy is struggling with uncertainties, housing issues, bad weather conditions,foreclosures, global fluctuations, and the pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Wait what, just leave? My parents raised me in a way that includes not quitting, questioning everything and live a straight and happy life.
This may be the first time I’ve agreed with Mr. Schift.
Then you've not been paying attention before now. 😂
We are Soooooooooooo FOOOKED !!!!!!!!!!!!
You can say it and you can do it Peter, BUY BITCOIN.
4:55 This interview is from 2023? Time to get Petey back on so that you don't have to upload old clips, even if still relevant.
I was just thinking isn't the national debt closer to 35 trillion now?
And the interest is already over 1 trillion a year
Thanks for not putting original air date in the shownotes. I looked
so frustrating IT never puts dates in their descriptions, specifically to deceive people into getting more views. it's Disingenuous Tom, do better
How is not true now? Do tell!
Thanks a lot....Very educational for me....Greetings from the other side of the pond....Sweden/Bosnia
25 cent raise doesn't cut it anymore...
Unless you're working for pennies in Vietnam.
Yeah, you can't just ask for a 50% raise because life is expensive and you feel owed that because of inflation. Employer will find someone else or relocate to cheaper country, or automate you out. Inflation will be way worse for younget generstion than older imo.
The fact this dude thinks the youth can ask for more money is laughable.
He's more concerned with all the people that made these horrible choices than his grand children that will be left with the bag because he cannot retire in luxury.
While the rest of us will be working till we are dead.
I'm so tired of these bad actors.
Inflation is already destroying the country what does he think happens if we start default on our debt?
Peter is always so right! Thanks for sharing! ❤
F your clickbait. I’d be retired if I had a dollar for every dollar collapse video. “any day now” …as you’ve been saying for years
America has yet to learn the lesson about paying its debts. Don't worry. It's coming soon...
buy TQQQ
You'll know when the dollar collapses because it will be the last currency to collapse. It's dirty, but it's not the dirtiest shirt in the laundry.
oh ya we are in great shape lol
The congressional budget office said social security will be insolvent in 2033. Google it
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer....
I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
I'm new at this, please how can I reach her?
Most people are retiring this year and has nothing to show for. But I assure you it’s never late to get your financial life together again.. All thanks to Natalie Strayer for I and my family
I don't know if he mentions this but Japan holds $1 trillion of US debt and they may need to sell it soon.
TOKYO -- Norinchukin Bank will sell more than 10 trillion yen ($63 billion) of its holdings of U.S. and European government bonds during the year ending March 2025 as it aims to stem its losses from bets on low-yield foreign bonds, a main cause of its deteriorating balance sheet, and lower the risks associated with holding foreign government bonds.
The company's net loss for the year ending March 2025, which was previously forecast to top 500 billion yen, will rise to the 1.5 trillion yen level with the bond sales.
Sounds peanuts to me, when you think about, the US borrows 1 tr. every 100 days.
@@0Turbox not when your currency derives its value from other countries also using it and buying your debt
@@ubongabasiefiok Last memo I got was, that the biggest debtors are switching from US treasuries to other assets.
@@0Turboxsounds to me like we're pretty deep in the vicious cycle. Managed "hyperinflation"... not really hyper, but sure ain't stagnant. In a way, pretty desirable for US gov't:
Madly rough, but Japan's US debt holding VALUE drops roughly 14%/yr at this point. Sounds to me like unloading might be wise.
The solution just may be a little simpler ! Become again energy independent and then add INDIRECT taxes so that EVERYBODY pays taxes ! Not to the degree of Europe but somewhere between ! Then slash federal expenses. First : reduce the “defense” expenses by 50% and close down at least 5o% of the overseas bases. STOP the aggressive war mongering and seek to attract foreign business partners instead of pissing off everybody like JB does !
The thing is this... the people in charge have two options. One option has an uncertain timeline and the other option has a very predictable timeline. We aren't sure how much longer we can push this down road with printing. But if we stop printing, the effect will be immediate and severe.
One bad outcome *might* happen under their watch, but the other one *will*
Correct. Path of least resistance is continue printing..by a wide margin..
However…the printing bonanza is really starting to impact the stability of core US institutions and the public’s confidence in them..
If the public at large loses confidence in the legal institutions..the state collapses..
So yeah..it’s basically over…party and enjoy life NOW…
@@Doberman_6773bingo!
Without regulation it would be
Well done guys. Thanks 👍
Once the system explodes everyones money will get frozen and our money will be gone because the banks will steal it to save themselves all over the world😂😂😂
This is tragedy,not a comedy.
This is why in many eastern countries people hold gold. Cant trust the government, the fiat money or even that real estate won’t get taken off you. A well hidden gold bar is an amazing family insurance.
Can't steal what ain't there lol
@@curlcurllocal Can u eat gold?
No bail outs, but bail ins
*Peters predictions never unfold!*
Peter Schiff is the man. Should be president, Congress and the fed all at once he's so smart. Smarter than all those entities combined.
"Any day now" ...and this interview was in 2023 😂😂😂😂
Yes, the debt's out of control, but the sky is not falling ...yet.
Debt or no debt, life is a death sentence. On the bright side, it’s only temporary.
folks are insane on you tuber to believe them smh
The point is prepare in case, not to be the smartest person in the room. It’s about management of risk, not being the “gotcha” guy.
Oh it isnt, when did you shop last time? And you think inflation will drop when they keep on printing money?
Ok but every single good point that he has, do you dispute them?
Schiff is a true patriot.
Right now…I’d say the north bound traffic at the border is a little more concerning 😢
forsure
Those poor suckers still believe in an American dream (more like the American nightmare)
That's exactly what your politicians want you to focus on while the US loses its only moat - the usd
@@johnnyBrwn I don't focus on one particular issue....there's a laundry list of issues. That combined, are a systematic deconstruction of the country as we know it. And yes, including the devaluing of the currency 😥
GROY TMC and AG 🚀🚀🚀🚀🚀
He has been saying it for almost 5 yrs. 🤭
True, but he will be right eventually unless something vastly changes. It doesn't take a genius to figure out if you devalue a currency this much, and all around the world your currency is the world reserve---they will abandon your currency when they get properly set up to handle dropping you. It's no different than a spouse trying to leave a toxic financial marriage... they might have to put up a bunch of funds on the side and then take the leap.
My only problem with the “they’ll just inflate away the debt” theory is that they keep adding to the debt faster than inflation. That seems to necessarily be a death spiral not an actual solution with a survivable ending
Our economy is struggling with uncertainties, housing issues, foreclosures, global fluctuations, and the pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
We all need to fight not leave, what happens when we all stop using the system plain and simple
Why do we let banks dictate our lives?
you are pretty "inquisitive " for a slave .
We're not fucking paying that shit. We know who's responsible for it. Make it their own personal debt and detach it from the taxpayers responsibility.
You pay with inflation
@@stefanonbekend8177 and who owns the Federal Reserve? Rothchilds. And what do they have in common with who owns the banks and media and Epstein?
Like I said, we know who’s responsible for it.
They need to seize assets and put these people in prison.
Problem is they’re too entrenched, everyone is bought, and nobody is willing to do anything about it.
Everyone talks about the debt but not the assets we have
The assets are called bonds, notes and bills a.k.a. debt.
@@goldeneggduck no they aren’t. They are military vehicles. And land. National parks. And buildings. We have something like 200 trillion in assets. It’s about debt to asset ratio. And we are fine
@@alexatedw. True, but the WEF, which controls our government, wants our destruction. Ergo…
Assets are only worth any thing if you can sell it . And China’s not allow to buy . 😂😂😂
@@alexatedw Will you be handing over military vehicles to people instead of pensions? I am not sure I am getting your point.
I would ask him how do we spend less undefillot of aggression and threats towards us without depleting.Or lowering the level of defense we have
Investing now is tough. The market is so volatile.
Totally. Inflation is killing the value of our money. Even when we think we're gaining, we're actually losing.
And interest rates! You never know what the Fed will do next. It's a guessing game.
ETFs seemed like a safe bet, but some of them track markets that are just too unpredictable.
There's too much information out there. It's hard to know who or what to trust.
Yeah, Nelson Maynard fisher's insights are solid. He really understands the market and helps navigate these turbulent times,his highly recommended
Can’t wrap my head around how the 🇺🇸 gov would collect taxes if left the country, doesn’t seem enforceable. When I leave I won’t bother renouncing citizenship or paying any taxes…
It will be fine until you need to renew your passport. If you already have a second passport you will probably be fine.
That logic about being against building the wall is the stupidest reasons I have ever heard !!!!
Stupid! I thought realistically funny. Recall Thatchier telling Garbo “we have to build walls” to keep people coming into the country. U are building walls to keep people from leaving the country. What an irony 50 years can inject.
Peter Schiff is totally right regarding discrimination.
Gold.won't stop.3000 4000.5000.❤
I'm penciling in 12K .
Gold giving 15 % returns
2024 $2350
2050 $88,963
$2350 15% 26 years =$ 88,963❤❤❤❤❤❤❤❤❤❤❤
@@SabySoni-dj6rmnow do Bitcoin
Peter Schiff is an incredible communicator
Someday.... The problem is you can't plan your life around the collapse of the empire because timing is everything.
The natural occurrence now would be a major world war in which massive casualties will result in annulling or shifting the debt.
Same problems around. UK... Immigration... It us a frickin island. Cost of living, inflation. The question is where is the safest place for your assets depending on your risk tolerance.
We don't have to default - just pay that silly debt with printed dollars and be done with it. Of course, we'd never be able to run a deficit again, but I see that as a good thing!
You not understand
My good friends moved to Mexico and are living a great life on 50% of what it cost them to live in the U.S.. ironic !
Peter schiffs made a career out of doom preaching … while he speaks truth he is exaggerating to keep people on edge and also sell products and keep people listening to him.
Well the thing is... The doom preaching actually contributes to the doom because it changes people's behaviors, financial or otherwise. If you think the economy is going to collapse you're going to behave differently than if you think the economy is strong. Perception drives reality.
@@limitisillusion7 true, seems like it’s progressing rapidly with big decrease in citizens spending due to terrible government and worldwide issues. Hoping for a big paradigm shift soon but not gonna hold my breath and try to prepare as best I can.
@@Hogo69 You do you, but understand that every moment you spend preparing for collapse is a moment less you spend contributing to the paradigm shift. It's doesn't happen on its own. Fear of a terrible future drives completely different behaviors than excitement about a better future.
I have rather sacrified for US.
The most honest American i have heard so far .
This kind of catastrophic debt leads to wars, and we are witnessing them now.
I really like listening to Mr Schiff he keeps saying the same thing but I just keep listening
The biggest problem with the default is that ALL US citizens will be left holding the bag (~$100k each). It will be like a HOA assessment on your condo for 'repairs'.
without cutting rates, a introduction to a "currency" will be ushered- by these "containers"
Who the fuck are they paying this debt to. Why did we allow it. And why are we paying their debt?
They will pull the biggest trick in history they will try to take ur soul
Same here in Australia 🇦🇺, work overseas and pay the Australian government tax for your income, say in the states 😮
No economist has the balls to say it. The only way to reduce the debt quickly and permanently is to drastically reduce the size of the government at all levels.
We don’t need to raise taxes. Ever. We just need to end welfare and entitlements. Left over money can pay social security until it’s ended.
I’m buying gold and getting a second passport!
Who the heck can pay 1trillion in interest every 100 days. Apparently,not us.
Were about half -hair from meltdown
The problem with Peter is that he says what nobody wants to hear and what nobody else wants to say because it doesn't fit the narrative. If you can't see what he is saying is the truth then you aren't looking for the truth.
most people mistake their ideology with critical thinking. Its very fusterating that wisdom is only for people with eyes to see and ears to listen.
@@gwills9337 Exactly!
What I see in most people is emotion based confirmation bias masquerading as wisdom and/or good intentions. And we all know what to road to hell is paved with. I know cuz I used to be one of them....I confess I voted for Obama and I got some of my friends to do it too. I have deeply and sorrowfully repented for such a grave miscalculation but I also admit that I was brainwashed all up in my feelings and I truly believed I was helping.
got plenty of Gold, Silver, and Bitcoin (in the chance we retain modern society at the collapse, i doubt they let us)
It's so bad it's good...I may not have nothing but I have no debts whatsoever so it will make people like me have equality for the first time
When you print your own currency, there is no consequence when the price is baseless. 2 generations from now, kids will wish they had the same opportunities Millennials had when houses were "only" 3.5 times their salaries
Note, you can also avoid paying the tax by subsistence farming 😊