Simon Hunt: global financial collapse by 2025, BRICS+ to launch new currency

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  • เผยแพร่เมื่อ 30 ก.ย. 2024
  • Simon Hunt joins Small Caps to share his views on the geopolitical situation around the world, including the state of the economy, the US dollar being replaced in trade, the introduction of central bank digital currencies (CBDCs), BRICS+ currencies to adopt a commodity backing, the value of gold, interest rate predictions and the rise of BRICS+.
    Simon began his career in Central Africa as a PA to the chairman of Rhodesian Selection Trust, one of the two large companies in the then Northern Rhodesia, now Zambia. The copper group was Anglo American.
    In 1961, he returned to the UK joining Anglo American Corporation of South Africa as a PA to a board director which included being part of a small copper sales and marketing team.
    He then helped to establish a new copper development organisation, CIDEC, financed by copper producers where he focused on conducting end use studies in Europe.
    He then went to London City to gain financial experience followed by forming Brook Hunt & Associates in 1975. He was instrumental in setting up the group’s cost studies which have become a bible for the industry and end use analyses.
    He acted for the US copper producers in two ITC anti-dumping cases as both consultant and material witness in 1978 and 1984 winning both at the commission level.
    Since 1993, he has spent 2-4 months every year in China visiting some 80 factories across the country every year.
    In 1996, Simon founded Simon Hunt Strategic Services. The focus of the company’s work is to provide strategic advice including geopolitical and financial developments as well as structural and tactical changes within China in order to produce a balance outlook for the supply of and demand for copper.
    Increasingly the work involves understanding the shifts taking place in the balance of global power including how BRICS+ will change the dynamics of the world and how these changes will impact the copper industry.
    He is also on the board of directors the Great Eastern Gold Company in Australia and Copperman in Chile.
    Simon Hunt's website:
    simon-hunt.com/
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ความคิดเห็น • 448

  • @foobar5477
    @foobar5477 ปีที่แล้ว +1733

    Great interview. This guy plays it like chess looking many moves ahead. It all makes sense. Only 1 thing missing. A millitary nation in decline is a dangerous one!

    • @lianasammartino8490
      @lianasammartino8490 ปีที่แล้ว +6

      especially with nuclear warheads.....

    • @RuralmoneyOfficial
      @RuralmoneyOfficial ปีที่แล้ว +3

      Absolutely!

    • @주순란-w3j
      @주순란-w3j ปีที่แล้ว

      @@lianasammartino8490 lijgv 4 and a few 😮😅😅😅😅😅yy😅

    • @mosad7292
      @mosad7292 ปีที่แล้ว

      Excellent point, America won't allow petro dollar to collapse without bringing the world down with it

    • @abdulqadirabulawal.8158
      @abdulqadirabulawal.8158 ปีที่แล้ว

      True. But an equally militarily strong and obsessed nation to challenge and change the world for the better, cannot be damned. It is equally very dangerous indeed. After all it has in its retinue of friends and alliances nations that are major challengers to such declining country. Likes of NKP, CHINA, IRAN, INDIA, SAUD ARABIA and more, these would not be mere observers folding their hands. They are commitment of create and dumpen that so to say empire definately in total decline.

  • @maxthemagition
    @maxthemagition ปีที่แล้ว +13

    The USA DEBT Ceiling will in all probability be raised, heading towards $35TRILLION.
    This is bad, but it is especially bad if interest rates rise to 5%...What used to be the norm.
    Imagine at 5% p.a....This would equate to $2Trillion every year!
    So the debt ceiling would have to be raised by at least $2TRILLION every year just to maintain the status quo.....It is obvious to anyone that the USA cannot reduce it's Debt.
    Then there is the PRIVATE DEBT, which is ten times worse.
    No much wonder that banks and companies are going bust.
    This is not like the Great Depression which happened almost overnight,
    This is much much worse and is like trying to hold back the tide....Sooner or later the tide overwhelmes everybody....

  • @MichaelCali
    @MichaelCali ปีที่แล้ว +19

    Interviewer: PLEASE listen then follow up with appropriate questions: Why will derivatives market collapse when Iran blocks the Straits by sinking two battleships? Why will commodities fall after skyrocketing as the dollar falls and the Brics dollar takes over.... please ask questions based on his comments

    • @AndrewCharnley
      @AndrewCharnley ปีที่แล้ว +2

      These questions were not asked for two likely reasons: 1 - There is not adequate time to cover one question in any depth so these sort of interviews have to skim across the lake. 2.- If the person you are interviewing is perceived by you to know a lot more than you do, which is likely, otherwise you would not be asking their opinions - then the outcome will be lacking. I mean no disrespect to the interviewer as I do not know anything about this lady other than she is a pleasant and friendly Australian...!

    • @brianadlich4406
      @brianadlich4406 ปีที่แล้ว

      I believe Commodities will drop because the global demand will plummet if the global economy collapses therefore reducing demand for commodities.
      I had the same question as you with derivatives though.

  • @mskmsk7174
    @mskmsk7174 ปีที่แล้ว +5

    Lots of IF this happens then THAT happens. Better to focus on what ACTUALLY is happening and forecast from there. Half of what he surmises is HOT AIR.

  • @jimmetan7031
    @jimmetan7031 ปีที่แล้ว +18

    Mr Simon Hunt makes it so simple for me to understand. Thank You.

  • @VeganTrove
    @VeganTrove ปีที่แล้ว +4

    Oh dear. He's blaming socialism for this? 😂😂😂

  • @Giddos_Prospecting
    @Giddos_Prospecting ปีที่แล้ว +31

    Gold' Is money. Everything else is credit.'

    • @cornstar1253
      @cornstar1253 ปีที่แล้ว +4

      Really? Try to purchase petrol or groceries with it.

    • @ChrisBird1
      @ChrisBird1 ปีที่แล้ว

      lol

    • @1solo2mercedes
      @1solo2mercedes ปีที่แล้ว +1

      @@cornstar1253
      If gold is money, all else credit, thrn obviously he is suggesting holding the yellow metal as a hedge.
      Stocking up on groceries(long term type) might not be a bad idea!
      Hard to stock pile too much fuel but I did purchase a 1000 gallon tank to keep fuel on hand just in case.
      And just so you know, when the economy collapsed in Argentina, street vendors refused the local currency. People lucky enough to have any form of gold or silver (necklace, wedding rings,etc…) were cutting them into pieces, weighing them, and purchasing food, clothing, etc…..

    • @Giddos_Prospecting
      @Giddos_Prospecting ปีที่แล้ว +1

      I am referring to the dollar and fiat monetary system when you deposit money into a bank they lend your hard earned money out to be able to pay interest on savings. Banks used to have to keep 10% of money but now they do not have to keep a single cent of your money. So if you ever wanted your money back sorry to say but, Your Toast and all your savings disappear. Hahaha who's laughing now!!!!

    • @sarahgill6088
      @sarahgill6088 ปีที่แล้ว

      ​@Dale Giddings, you think that hasnt happened many times over thousands of years with gold as the standard...gold is inferior and incredibly corruptible unfortunately

  • @option1497
    @option1497 ปีที่แล้ว +2

    I am listening to this rambling at 150% speed and it's still too slow....his thesis could have easily been summarised in 1 paragraph. 99.9% is speculation anyways.

  • @eminalopatyuk6812
    @eminalopatyuk6812 ปีที่แล้ว +14

    It was an eye-opening interview. The China-Russia plan to dethrone the dollar and all the global trade avoiding the dollar makes me want to invest in gold and copper.

    • @fnuclone1229
      @fnuclone1229 ปีที่แล้ว +2

      Silver

    • @mr.marvelousmess6986
      @mr.marvelousmess6986 ปีที่แล้ว +1

      @@fnuclone1229gold and silver and platinum and uranium

    • @ruleso
      @ruleso ปีที่แล้ว +1

      Invest in Agriculture!

    • @fnuclone1229
      @fnuclone1229 ปีที่แล้ว

      @@ruleso How so? Where to begin?

    • @kiwitrainguy
      @kiwitrainguy ปีที่แล้ว

      In your backyard, literally.@@fnuclone1229

  • @JimMalmPHOTO
    @JimMalmPHOTO ปีที่แล้ว +3

    Frequently wrong, never in doubt

  • @jacobvanveit3437
    @jacobvanveit3437 ปีที่แล้ว +7

    I’m impressed you got a smile out of captain black pill for the video thumbnail 😂
    Jokes aside Simon has his fingers on the pulse! He knows where all the canaries are!

  • @mna7308
    @mna7308 ปีที่แล้ว +14

    It's western financial collapse not global

    • @lunafringe10
      @lunafringe10 ปีที่แล้ว

      Greedy Americans

    • @wl5609
      @wl5609 ปีที่แล้ว +1

      Actually, it's the collapse of Keynesian economics. Buy Bitcoin.

    • @mna7308
      @mna7308 ปีที่แล้ว

      @@wl5609 gold

    • @mna7308
      @mna7308 ปีที่แล้ว

      @@wl5609 lots of it

    • @sandynightingale273
      @sandynightingale273 ปีที่แล้ว

      It will be a global dominoe effect

  • @johnvandegraf2000
    @johnvandegraf2000 ปีที่แล้ว +2

    gold up ,rest fall . never happen in history ,thats just goldbugs porn.

  • @MXB67
    @MXB67 ปีที่แล้ว +2

    Out of interest what’s the name of Russian economist mentioned here?

  • @kingston163
    @kingston163 ปีที่แล้ว +3

    Actual by mid 2023 at the hand of the Great I AM and all in a day just like at the Red Sea Crossing long ago.

  • @casienwhey
    @casienwhey ปีที่แล้ว +7

    Predicting a global financial collapse in 2 years is a bold view. I am dubious of people who make such claims to begin with and even more so when they put a timeline on it. The future has a way of proving such predictions wrong. While the dollar has flaws, it's been the international currency standard for at least 70 years. All the financial systems and international exchanges use it. So wanting to use something else and actually being able to are two very different things. Would you trust Russia or China with your money?

    • @igorlpv
      @igorlpv ปีที่แล้ว +2

      Da! Khm...I mean yes!

    • @TheRobynbrown
      @TheRobynbrown ปีที่แล้ว

      And you obviously still trust the US????

    • @krishanagurusamy
      @krishanagurusamy ปีที่แล้ว

      ​@@igorlpv76.b

    • @brucemaddox
      @brucemaddox ปีที่แล้ว

      Easy to predict when you know it's a controlled demolition on purpose to install I new system, so yea, 2 years to a financial collapse, I would put my life on that coming true from 2023

  • @mareecrick2379
    @mareecrick2379 ปีที่แล้ว +11

    Interesting to hear about Iran / Israel risk assessment. It does cross my mind that war could be used as a proxy to accept austerity and decline in living standards in Western countries. I think the acceptance or rejection of cbdc by the population will be a big factor in continuing Western democracy.

    • @tomhoulihan8285
      @tomhoulihan8285 ปีที่แล้ว +3

      totally agree

    • @marcopolotimetraveller
      @marcopolotimetraveller ปีที่แล้ว +2

      Yes. War economy is here.

    • @janemcdonnell8813
      @janemcdonnell8813 ปีที่แล้ว +4

      If people accept the CBDC then we are finished in terms of having the freedom to use cash , to spend our money on what we want.
      The CBDC is a control mechanism to restrict our spending . It will be used after a while as a social credit system like the Chinese have . They will be able to block people from access to their money under this digital system . We all must fight against this coming in or we will be heading fast down the road to hell .

  • @TheRealAsahi
    @TheRealAsahi ปีที่แล้ว +22

    He makes A LOT OF SENSE to me. 💯
    Thank you for the great interview.

  • @BathshebaE1
    @BathshebaE1 ปีที่แล้ว +3

    In an interview over a year ago he predicted $10 copper, not even close. And he's supposed to be a copper expert. How much confidence do you have with his predictions of other markets?

  • @jasonbutler5064
    @jasonbutler5064 ปีที่แล้ว +3

    im sure this prdictionn will come to pass. he will be correct. bitcoin bullrun equity bullrun from end of this year. it fits the bitcoin 4 year cycle perfectly.

  • @PatSika
    @PatSika ปีที่แล้ว +21

    Excellent interview…always enjoy listening to you Mr Hunt. Thanks to both of you.

  • @lindaweekes8161
    @lindaweekes8161 ปีที่แล้ว +2

    This is a very challenging person to interview, requiring huge preparation ahead of time. This interviewer seemed incapable of managing this interview and missed opportunities to question Simon on his reasons for his opinions. The interviewer needed to have done more homework.

  • @wengelder9256
    @wengelder9256 ปีที่แล้ว +2

    More if this new currency shit . Heard that for a while now . The idea of BRICS launching a currency is shear idiocy .

    • @HangTheBankers1
      @HangTheBankers1 ปีที่แล้ว +1

      19 more countries just applied to join BRICS. If you think the US dollar will be reserve currency forever then you haven't learned from history.
      You're just thinking on too small a timeframe, when history is measured in larger timeframes...decades not years.

  • @marcopolotimetraveller
    @marcopolotimetraveller ปีที่แล้ว +3

    Historically the currency of the losing side in major wars collapses/hyperinflates after being defeated. Germany and Austria 1919-23, Hungary and Italy post WWII. Russia post Cold War 1990s etc....

  • @alexandertimoschuk8470
    @alexandertimoschuk8470 ปีที่แล้ว +2

    Who is this mal-informed woman. Smart move leaving the island of pompous world views. This report is great. Wake up England.

  • @agoogleuser6902
    @agoogleuser6902 ปีที่แล้ว +26

    When he says, "get some contingency plans," it sends shivers down my spine

    • @MasterPaul
      @MasterPaul ปีที่แล้ว +1

      😊😊😊😊😊

    • @MasterPaul
      @MasterPaul ปีที่แล้ว +1

      Ww a77777

    • @MasterPaul
      @MasterPaul ปีที่แล้ว

      😊7😊☆u

  • @vindiesel5466
    @vindiesel5466 ปีที่แล้ว +4

    40k views Kerry, your killing it

  • @jeffready2446
    @jeffready2446 ปีที่แล้ว +3

    Hi All.
    If all of these things happen, you may be well of, but in a very dangerous world, scary.

  • @tjfamily9263
    @tjfamily9263 ปีที่แล้ว +10

    So glad you got Simon. Thank you both.

  • @xoctor
    @xoctor ปีที่แล้ว +6

    I was taking Hunt seriously until he started going off on a climate change denial rant because he found a few dodgy articles that fit his preferred narrative. Turns out he's not the clear-headed reality analyst he seems to so confidently think he is.

    • @adelinad3513
      @adelinad3513 ปีที่แล้ว +2

      You really need to look more into this subject. He is correct

    • @sandynightingale273
      @sandynightingale273 ปีที่แล้ว

      Lots of truth out there. You need an open mind, common sense and critical thinking .

  • @cherubimcherubim9515
    @cherubimcherubim9515 ปีที่แล้ว +7

    Analyst, Alasdair Macleod, suggested that China had accumulated 25,000 tonnes of gold between 1982 and 2003. The 30,000 tonne figure has come from Simon Hunt of Simon Hunt Strategic Services. Thus, its current gold holdings are probably north of 30,000 tons in contrast to the USA which has either sold or leased most of its gold.”

    • @thecat8859
      @thecat8859 ปีที่แล้ว

      Who really controls the WORLD, the Money Master of Privately-owned Foreign Federal Reserve Bank's CONTROL EVERYTHING purchased or used by YOU, ME, THEM,. LOANS to both side's in WAR, LOAN'S to Nation's, Vassel States, Government's, Congress, Corporation's, Bank's, Churchs, Military Industrial Complex, Churchs, Coutts trading company , powerful weapon

  • @jacknaneek1681
    @jacknaneek1681 ปีที่แล้ว +4

    This guys logic is wanting.

  • @peaceevol
    @peaceevol ปีที่แล้ว +2

    Who knows what the world will look like tomorrow so forget about years from now ☮️

    • @user-eo6bj8qb2k
      @user-eo6bj8qb2k ปีที่แล้ว

      Reach out to EMILIA E ARIAS for assistance just search the name online. They are, an approved broker.

  • @carolnash9155
    @carolnash9155 ปีที่แล้ว +2

    But silver

  • @ricogreen2538
    @ricogreen2538 ปีที่แล้ว +1

    Jack the ripper was from Yorkshire.
    It time to put that whiskey
    Down
    And replace it with yorkshire
    Pudding
    Lol

  • @victoriabourlakou2532
    @victoriabourlakou2532 ปีที่แล้ว +14

    Πρέπει να δούμε γιατί έχουμε φτάσει σέ αυτό τό χάος και να συνεργαστούν όλοι για να το διορθώσουν.👍

  • @lindsaysmith8119
    @lindsaysmith8119 ปีที่แล้ว +5

    I don't see how metal prices will collapse. Western governments seem hell bent on this transition to renewable energy and EVs and if it continues, it would seem that many of the metal inputs into this transition will skyrocket.

    • @chillyg
      @chillyg ปีที่แล้ว

      metal prices will go down temporarily due to margin calls and desperation, the scum bankers pushing the renewable shit will tell their paid off presstitutes that it's not feasible and a new narrative will emerge.

    • @ValMartinIreland
      @ValMartinIreland ปีที่แล้ว

      I did not hear him say that, a depression would reduce the money available to buy metals. It must be remembered that Renewable Energy and EV are a scam. Wind farms could not repay their capital cost in 200 years.

  • @mikkimikki5376
    @mikkimikki5376 ปีที่แล้ว +2

    Wow! Hang on tight! 😮

  • @notme8679
    @notme8679 ปีที่แล้ว +2

    Basically, the world is trillions of dollars in debt. To whom? This is a rhetorical question, of course. Anyone who's been digging and paying attention already knows.

  • @alanzum3077
    @alanzum3077 ปีที่แล้ว +2

    New Development Bank which is the Brics appointed bank has stated that they have no plans to launch the new currency any time soon. India is making it even harder to make this happen as they are stating that they want to work on making a Rupee stronger and stronger and are not interested in gold backed currency. Seems like this Brics new currency is up in the air but that it requires an incredible amount of trust between the Brics nations. Hard to pull off any time soon.

  • @Tappedline
    @Tappedline ปีที่แล้ว +2

    Fear fear fear

  • @michaela.ouellette5446
    @michaela.ouellette5446 ปีที่แล้ว +3

    This Sounds like an Inside Job,
    Politically Motivated to bring in "Digital I.D."‼️‼️‼️ 🇨🇦👍

    • @vcash1112
      @vcash1112 ปีที่แล้ว

      Yes, the Fed coin is coming!🎉

  • @adamday2067
    @adamday2067 ปีที่แล้ว +4

    One of the best economic assessments I've seen and heard on TH-cam. Please get Simon back again !

  • @renkodoodle
    @renkodoodle ปีที่แล้ว +1

    Wild extrapolations based on very little more than extravagant statements.

  • @jamesgeorge65
    @jamesgeorge65 ปีที่แล้ว +12

    Love listening to Mr. Hunt. I always look for his interviews on youtube.

  • @Neo-African
    @Neo-African ปีที่แล้ว +5

    He doesn't say much,...but the short direct and straight forward things he says actually say a whole lot....

  • @suganj6635
    @suganj6635 ปีที่แล้ว +4

    Great interview, bring him again 👍

  • @richardkut3976
    @richardkut3976 ปีที่แล้ว +4

    Great News! Things will come to a head, those left will pick up the pieces. "History does not repeat but it rhymes"

  • @gordonfernandes6873
    @gordonfernandes6873 ปีที่แล้ว +2

    2025.. is way of the mark... The way things are going... It could happen... Way earlier. ☠️🙄

    • @sumthinfresh
      @sumthinfresh ปีที่แล้ว +1

      A year and a half isn't way off unless you are a gen z

  • @dbcoopernd
    @dbcoopernd ปีที่แล้ว +2

    an argument as well constructed as a sieve.

  • @Cdcd4444
    @Cdcd4444 ปีที่แล้ว +1

    2025 is too long a wait. 4th quarter of 2023 watch out

  • @Angeline-gp4jg
    @Angeline-gp4jg ปีที่แล้ว +1

    Pandemic hit laws bank. Just for emergency essential reasons good support that all the chiefs can view and use accordingly
    Ask the popes of u.s.a. 1st they need to give blessings then Chief mr trump can ask the chiefs of north america not the fsin nor tribal chiefs they caused the pandemic they are grounded this need to be updated

  • @46metube
    @46metube ปีที่แล้ว +3

    You imagine if only 50% of what he says comes true...etc etc.

  • @issenvan1050
    @issenvan1050 ปีที่แล้ว +3

    Does Simon view gold as money or as a commodity? How about silver?

  • @amiraltaha2627
    @amiraltaha2627 ปีที่แล้ว +3

    get your facts right Simon. Iran does not have 90% enriched Uranium. Iran does not have turmoil inside the country, Israel does. Iran makes its own missiles and no one sells it to Iran. Israel too puny to take on Iran and US does not want to engage Iran militarily. so stop yakking about things you don’t know anything about!!

    • @danisraelmalta
      @danisraelmalta ปีที่แล้ว +2

      Every year, in the last 70 years, Israel had a positive yearly immigration rate while iran had a negative immigration rate. I.e. - more people immigrate into Israel while more people are immigrating out of iran...
      In israel, democratic demonstrations are not met with shootings and poisoning as in Iran....
      Most of Iranian weapons are either developed with north korea or copied from western/russian arsenal...
      Every country which Iran claims to help, like Lebanon, Syria, Yemen, venezuela had collapsed due to its intervention. Iran help is surely something, doesn't it?
      I can go on and on...

  • @markdavidson950
    @markdavidson950 ปีที่แล้ว +1

    The interview seemed fair until he began the rant against the science of climate change. He's an economist, not a meteorologist. It made me question his rationality once I heard that.

    • @sandynightingale273
      @sandynightingale273 ปีที่แล้ว

      There is no science behind climate change. It's a global coordinated attack on the people. Geoengineering. Patents , treaties etc

    • @aprilmanley5414
      @aprilmanley5414 ปีที่แล้ว

      Climate change is the greatest deception of our time! They are herding people into the corral of fear, which leads to control! No such thing as Climate Change, do not be deceived!

  • @abdrazak8310
    @abdrazak8310 ปีที่แล้ว +1

    Oil is the heart of the world....every nation need oil....so be nice...

  • @thehungergames8918
    @thehungergames8918 ปีที่แล้ว +4

    Awesome 😃✊

  • @issenvan1050
    @issenvan1050 ปีที่แล้ว +2

    US & Australia do have resources, too.

  • @BerzwikIssagoolian
    @BerzwikIssagoolian ปีที่แล้ว +2

    Man made disaster.

  • @jimmylee1776
    @jimmylee1776 ปีที่แล้ว +4

    Thanks for this enlightening video . We have to prepare for a global recession. If the US economy goes into recession, it will impact on other economies . So for those who are working (not retired) they have save money, in case they lose their jobs & be unemployed. For retired people we also have to save in case inflation keeps rising & eroding the purchase power of money.

    • @lucylovitt9583
      @lucylovitt9583 ปีที่แล้ว

      Just explain how retired people save in a highly inflationary environment - when pension funds have been working in a net zero interest rate situation for over 7 years????

  • @MrLrs2
    @MrLrs2 ปีที่แล้ว +1

    Yeah we in Australia which are commodity rich....are gonna be just as rich as the average jo is in a commodity rich Africa...

    • @user-eo6bj8qb2k
      @user-eo6bj8qb2k ปีที่แล้ว

      Reach out to EMILIA E ARIAS for assistance just search the name online. They are, an approved broker.

  • @timanderson2493
    @timanderson2493 ปีที่แล้ว +8

    This guy certainly does have a wild imagination

    • @ashfield1425
      @ashfield1425 ปีที่แล้ว +5

      He’s actually been one of the most accurate people I have listened to. Who are you listening to that’s better?

    • @loft27ss
      @loft27ss ปีที่แล้ว +2

      Ray Dalio and Simon Hunt- valuable insights

    • @bong2941
      @bong2941 ปีที่แล้ว

      @@ashfield1425 He has never been accurate.

    • @gordanaginamihajlovska6125
      @gordanaginamihajlovska6125 ปีที่แล้ว +2

      You're just scared to face how bad the situation is

    • @timanderson2493
      @timanderson2493 ปีที่แล้ว +1

      @@gordanaginamihajlovska6125 I realise certain aspect of the future look bleak, but I am not making wild predictions. How much of what has been forecast in this interview do you think will materialise?

  • @maxthemagition
    @maxthemagition ปีที่แล้ว +1

    US Treasury Secretary Janet Yellen has warned that failure to raise the government's debt ceiling would have severe consequences for the US economy, including job losses, higher interest rates, and deteriorating credit markets. Yellen has called on Congress to increase or suspend the $31.4 trillion borrowing cap to avoid a default, which would threaten the economic progress made since the COVID-19 pandemic. If the debt ceiling is not raised, the US government will likely be unable to issue payments to military families and seniors who rely on Social Security. The White House insists that spending cuts and the debt cap increase should not be linked, while financial markets are growing increasingly concerned about the standoff.
    Raising the Debt ceiling is akin to Q.E.....pumping money into the economy to prevent a severe recession.
    Guess the Debt Ceiling will be $35Trillion very soon.
    Since 2008 over $20Trillion was pumped in via Q,E, along with ZERO % Int. rates...a vast sum of money given to the banks for them to spend as they chose.
    The result of all of this is the rise globally of IOUs and Debt...over $120Trillion's worth...more than the value of ALL stocks and shares on the planet.
    This is Monopoly, where the banker dishes out the money to infinity and everytime he dishes out the money, the money ends up in the pockets of the wealthiest.
    There seems no other answer to DEBT other than paying debt with more debt and IOUs....
    Only fools pay debt with more debt...This seems not to apply on the National scale.
    It is simply Q.E. to infinity.

  • @Eli-qr9hc
    @Eli-qr9hc ปีที่แล้ว +4

    I just can’t see the dollar being replaced at least another generation.

    • @akhonazasembo3016
      @akhonazasembo3016 ปีที่แล้ว +2

      Its collapse will wake you from your delusions

    • @Eli-qr9hc
      @Eli-qr9hc ปีที่แล้ว +1

      @@akhonazasembo3016 you’re dreaming. Wake up.

    • @johntheaccountant5594
      @johntheaccountant5594 ปีที่แล้ว

      A generation is 25 years.
      I believe it will be replaced as the reserve currency within 10 years.

    • @madeleineenrique2521
      @madeleineenrique2521 ปีที่แล้ว +1

      Are u in denial

  • @MyNameIsINTERSTITIAL
    @MyNameIsINTERSTITIAL ปีที่แล้ว +9

    FANTASTIC interview and content. At last a professional in the Financial/Economics/GeoPolitical field, who tells it like it is !!!! Agree with so much of the content. Thanks 2 U both :)

  • @phyllismaudlin702
    @phyllismaudlin702 ปีที่แล้ว +1

    Nesara/Gesara is coming!!!

  • @steflynn7772
    @steflynn7772 ปีที่แล้ว +2

    Interesting how everyone is leading to their own personal websites and daily email letters. Social media I feel is going to be jeapordized in some way in the near future.

  • @AlanBeales
    @AlanBeales ปีที่แล้ว +1

    Doomsday economist - yes, very Yorkshire. If BRICS+ want to trade commodities for gold, like Ghana did, how do they value the gold and the commodities if not against the dollar? The dollar is not going anywhere!!

    • @johnbirman5840
      @johnbirman5840 ปีที่แล้ว +2

      I would think the Dollar becoming irrelevant or plummeting is a little harder than just talking it down.
      How so?
      The USA is a very large country, massive resources both natural, financial, militarily, population and so forth.
      Resource rich countries need (if they Don’t consume all those resources) need to trade them, otherwise - what are they worth?
      Saudi oil was what before Standard Oil refined it? Nothing.
      Because of the Size of the USA. Because of it’s Consumption, it’s a very big Buyer. It’s the WalMart of the world, or it’s the Customer Base of the world. And the US isn’t just going to stand pat and wring it’s hands in futility.
      “The reports of my death have been vastly exaggerated”
      A weaker dollar is less concern for the US than a stronger dollar is a concern for the US. A stronger dollar is not advantageous for the US in trade, but a weaker dollar is.
      China has been for decades keeping their currency artificially low. Why? For trade purposes.

    • @cryptocrusader6078
      @cryptocrusader6078 ปีที่แล้ว +2

      The Dollar is already dead being dropped as we speak

    • @AlanBeales
      @AlanBeales ปีที่แล้ว +2

      @@cryptocrusader6078 Interesting supposition. What then is the basis for extablishing the comparitive values for the commodity barter trade. Crypto? Nah, they are all valued in USD. What again?

  • @steventan2550
    @steventan2550 ปีที่แล้ว +6

    The silver lining for the US is that with the devaluation of the dollar, American goods will become more competitive in the global market.

    • @jz295491
      @jz295491 ปีที่แล้ว +6

      wot American goods.. Oh, you must be talking about all those manufacturing plants that have moved overseas..Like China for example ?

    • @philfortner1805
      @philfortner1805 ปีที่แล้ว +4

      Remember that China manufactures for 400-500% LESS than America can. They have what's called the 996 culture, as in 9am to 9pm 6 days/week shifts. Plus the pay 8-10x less. You only compete with that is large tariffs, like we did at our founding.

  • @martinhawkins1897
    @martinhawkins1897 ปีที่แล้ว +1

    Pure and utter theft😅

  • @issenvan1050
    @issenvan1050 ปีที่แล้ว +2

    Why would the 10-yr. yield 10%?

  • @ronfesta771
    @ronfesta771 ปีที่แล้ว +1

    Me thinketh great guest Kerry., very calculated, measured and.........confident analysis@!?😉

  • @aihong2971
    @aihong2971 ปีที่แล้ว +2

    What about the Euro and SWIFT?

  • @LIBlurr
    @LIBlurr ปีที่แล้ว +4

    So if the Brics utilize a gold back/ exchangeable currency, does that make it likely Gold prices will stay fairly range bound, to protect that currency?

    • @georgeseverent180
      @georgeseverent180 ปีที่แล้ว +1

      After a revaluation

    • @walden6272
      @walden6272 ปีที่แล้ว +1

      They will set fixed gold price to currency exchange. Then as economic conditions changes, they can adjust the price again. Just like how in the US, gold was set to $20 an ounce at the start. Then Roosevelt, change it to $35 an ounce. The BRICS members will vote on the new price so it's not decided by one member.

  • @wl5609
    @wl5609 ปีที่แล้ว +1

    Please interview Saifedean Ammous, the best Austrian economist on the planet...

  • @thealternativecontrarian9936
    @thealternativecontrarian9936 ปีที่แล้ว +9

    I am glad you were finally able to get an interview with him. He's great to listen to.

  • @IgorRozinov
    @IgorRozinov ปีที่แล้ว +2

    Excellent content and the fact he looks like Brick Top delivering this information makes it even stronger.

  • @tonytaylor4545
    @tonytaylor4545 ปีที่แล้ว +1

    Like everybody else....it's his opinion & a guessing game nobody really knows what is going to happen. I mean just listen to all these videos on the Internet....some say what he does...others say completely different...it's all a joke.

    • @71Hamed
      @71Hamed ปีที่แล้ว +1

      There are opinions and then there are facts.
      1. Brazilian president wants trade outside dollar
      2. China is doing trade with Russia and Iraq and Brazil in RMB
      3. Bangladesh has just paid for nuclear plant with Russia in RMB
      4. Kenya has agreed to trade with Saudi in non dollar denomination.
      5. Malaysia is asking for ASEAN countries to trade in anything except Dollars or Euros or Pounds
      It just goes on.
      Those who state things will stay the same need to mention the above in part of their opinions.

    • @tonytaylor4545
      @tonytaylor4545 ปีที่แล้ว

      @@71Hamed The US Dollar is a liquidated currency...which makes it trustworthy and easy to trade. China will never do such a thing...Worries Investors. The US Dollar holds nearly 60% of all cash reserves...China only 3%. A majority of those countries that want to join BRICS are 90% corrupt. Since 1975 the dethrone of the US Dollar has been going on....At that time it was about the oil embargo.....in the 1980's it was with Japan overthrown the US Dollar...in 1999 it was the Euro who was to replace the US Dollar...all this never happened....this time around it's with the BRICS countries.....It "MIGHT HAPPEN" I'm just getting tired of all these know it all's who think they know it all....And last for every video like this one....I can show you many other videos who say just the opposite...So who do you believe? And you gave me your facts....In return I just gave you my facts.

  • @janebrant3999
    @janebrant3999 ปีที่แล้ว +1

    love dubai

  • @markdayment3917
    @markdayment3917 ปีที่แล้ว +1

    God help us if the financial system is controlled be un accountable autocracies.

    • @user-eo6bj8qb2k
      @user-eo6bj8qb2k ปีที่แล้ว

      Reach out to EMILIA E ARIAS for assistance just search the name online. They are, an approved broker.

  • @johncarpenter4083
    @johncarpenter4083 ปีที่แล้ว +3

    America's greatest indiscretion has been the wanton leveraging of economic sanctions against far too many countries and individuals. Judicious use of the power of sanction has never been an American virtue.

    • @kiwitrainguy
      @kiwitrainguy ปีที่แล้ว

      With so many countries thrown out in to the cold, the cold doesn't remain so cold after a while.

  • @kelleylane1203
    @kelleylane1203 ปีที่แล้ว +1

    Wow.

  • @bestvideos4ever1
    @bestvideos4ever1 ปีที่แล้ว +3

    how he can predict the MARKT cycles so precise?

    • @MDProtv
      @MDProtv ปีที่แล้ว +1

      Because he is an economist and he knows many things behind Closed door

    • @bestvideos4ever1
      @bestvideos4ever1 ปีที่แล้ว

      @@MDProtv please don't come up with that. behind closed doors and secret societies bull-trap. a MARKET cycle is not TOP-Secret -AREA 51 guarded SECRET ! its publicly open but raver few understand where we are right now. i guess my question is beyond some onse capabilities of indeapth market understanding basic things

    • @markdayment3917
      @markdayment3917 ปีที่แล้ว +3

      Remember it is only a prediction. One of many.

  • @matheuspetter367
    @matheuspetter367 ปีที่แล้ว +6

    I don't know. I think Simon values ​​the BRICS nations to highly. Each one of them have so many social problems inside their borders that it will be very hard for the creation of a stable BRICS currency. Of course having tons of commodities is very valuable but it's more valuable than tons of enterpreneurs like the ones in US or in the EU?

    • @tvl6347
      @tvl6347 ปีที่แล้ว

      I think when the dollar is going to be crash, then most of the entrepreneurs from Europe and the US going to be bankrupt. The big advantage about the Brics/+ countries is that, they have a monopoly on raw materials. From China, Russia and the upcoming Brics+ members like Indonesia, Saudi Arabia, Iran and Argentina. They will control crude oil, rare earth's, lithium, palladium, magnesium, iron ore and many other materials.

    • @thefairone3142
      @thefairone3142 ปีที่แล้ว +2

      It is great to have them but from what I gathered here, the financial framework is shifting. Entrepreneurs will still exist and adapt, but the framework with which they operate within will be impacted. Social problems in countries doesn't seem to be an issue when you consider global economics and influence. Unfortunately China and Russia are proving this. Even with awful human rights records and a lack of care for global warming etc, they are showing the West that they can survive and thrive and still maintain their own values. I think the West needs to wake up and change course. We can't hold the moral high ground if we want to do well economically.

    • @matheuspetter367
      @matheuspetter367 ปีที่แล้ว +4

      @@thefairone3142 You brought really good points. But first let's evaluate this "shift" in the financial system. The idea of using a gold based trade sysyem it wouldn't be an enourmous problem for the western economies since they have the biggest reserves of this mineral (I believe that the US alone has more than 50% of the total amount of gold reserves). Second, social problems aren't a problem until they hit the economy and sometime in the future they will hit (I live in Brazil and I'm very aware of how social problems like high crime rates affect business and increase the cost of goods that consequently results in more inflation). The hole problem of the western approach and why it's losing ground for this BRICS initiative in my opinion it's the lack of investment and bilateral partnership with much of third world countries. In many ocasions we see a protecionism behaviour that disenable trade mostly based on values (like global warming/wornking conditions etc) wich aren't that important for this countries (If you live in the amazon and your yearly payments are less than 3.000 dollars you dont care about the enviroment at all) and China, Rusia and other countries are getting ahead in trade deals because of that.

    • @thefairone3142
      @thefairone3142 ปีที่แล้ว +2

      @@matheuspetter367 I think we agree on the same point by the sounds of it. My main concern is we are going into trade and inferring our morals and values which don't serve developing countries. Russia and China have capitalised on this. I think the question is, given the recent history of the west in global affairs, can the west win the developing nations back into their sphere of influence?

    • @matheuspetter367
      @matheuspetter367 ปีที่แล้ว +1

      @@thefairone3142 The west has for sure the economic power to convince developing countries, but unfortunately I don't see any diplomatic interest.

  • @UsaqMadiq
    @UsaqMadiq ปีที่แล้ว +1

    Link to NOAA 2020 document? Thx

  • @issenvan1050
    @issenvan1050 ปีที่แล้ว +1

    Crypto?

  • @sumthinfresh
    @sumthinfresh ปีที่แล้ว +2

    Brilliant

  • @MyNameIsINTERSTITIAL
    @MyNameIsINTERSTITIAL ปีที่แล้ว +1

    Only subject I wish had been discussed, is the WEF's role in short- and long-term future ..... if NATO etc are going to cease to have a role, wherefor the WEF?

  • @SShogun872Shogun
    @SShogun872Shogun ปีที่แล้ว +1

    Amazing how seasoned adults have not yet worked out how debt is a psy op on them 🤣🤣🤣

  • @ttfan3257
    @ttfan3257 ปีที่แล้ว +2

    Thank you Kerry !

  • @chrissukoi5462
    @chrissukoi5462 ปีที่แล้ว

    Didnt you think recognize ..you all..dennys..huh..circus of hidalgo casey..etc..

  • @sirstoic1187
    @sirstoic1187 ปีที่แล้ว +3

    Great interview

  • @johntemoni6564
    @johntemoni6564 ปีที่แล้ว +4

    The people will recover quickly but global corporations will vanish...

  • @somejohndoe3004
    @somejohndoe3004 ปีที่แล้ว +9

    Great interview, enjoyed it a lot. Value content, thank you ! Would love to hear Simon's take on the post collapse financial repression in the next one.

  • @marktracey4018
    @marktracey4018 ปีที่แล้ว +2

    Hi Kerry,
    Great interview, when you have him on next time ask him how do you think Australia will hold up with the stuff he was talking about so we can be more prepared. Eg bad weather, food, ect.
    Cheers

  • @dave8212
    @dave8212 ปีที่แล้ว +6

    Nice work Kerry, I always enjoy hearing from Simon but he's a tricky person to interview! (Maybe it's because he's from Yorkshire) 😉

    • @stardust5467
      @stardust5467 ปีที่แล้ว +2

      He's a strange and rather wooden person, poor Kerry had to drag everything out of him. And let's remember that these are his predictions, which may or may not come to pass..

  • @gracelay05
    @gracelay05 ปีที่แล้ว +2

    super good interview. thank you for sharing. please do another episode with Simon..or a few more!!

  • @BatmanBoss
    @BatmanBoss ปีที่แล้ว +1

    Thanks

  • @richieglasson8804
    @richieglasson8804 ปีที่แล้ว +17

    Great episode despite the brutal assessment. Please bring Simon on more often

    • @aoeu256
      @aoeu256 ปีที่แล้ว +2

      We need general AI si that the collapse is followed by renaissance using replicating robots