The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
Gold is often seen as a safe-haven asset that can protect against inflation and economic uncertainty. But like any investment, it carries risks. To determine if gold is the right investment option for you, an investment advisor can help you weigh the potential benefits and risks of investing in gold. They can also help you create a well-diversified portfolio that includes gold as part of a broader investment strategy. An investment advisor can help you decide how much of your portfolio should be allocated to gold and select other investments that can complement your gold holdings.
@@darnellcapriccioso Mind if I ask you to recommend how to reach this particular coach you using their service? Seems you've figured it all out unlike the rest of us.
@@tatianastarcic It's best you do your due diligence, I have my portfolio overseen by ‘Laurel Dell Sroufe’ and her qualifications speak for itself. Most likely, the internet is where to find basic info, she has a noticeable webpage for consulting.
@@darnellcapriccioso Thank you. I just checked her out now and I've sent an email. I hope she gets back to me soon. I've been thinking of doing this for a long time now, and I've procrastinated enough already.
It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance
Very true! I've been able to scale from $70K to $210k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns
@@lawerencemiller9720 The advisor that guides me is “Helene Claire Johnson” most likely the internet is where to find her basic info, you can run a quick research with her name. She's established...
I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes. Thanks.
This bank crisis is so far from being over. Anyone who has been around for longer than 12 years, knows a credit crisis isn't over in two weeks. Makes me laugh seeing folks thinking this was all over so quickly. We are seeing a credit contraction that is gonna lead to a major contraction.
My impression is that some of the banks were making an effort to restructure their bond holdings, which meant selling their low-yielding bonds despite the possibility of a loss and making up the difference by purchasing bonds with higher interest rates on the open market.
@@leonarodwell I've come to realise that I can't trust corporations. I suffered greatly from the financial collapse in 2008. I've only been concentrating on investing through a financial adviser since 2019, and it has been paying off. I won't ever return to working for banks full-time.
@@jetkastrokdova I'm sure the idea of a coach might sound generic or controversial to a few, but new study by investopedia found that demand for portfolio-coaches sky-rocketed by over 41.8% since the pandemic and based on firsthand encounter, I can say for certain their skillsets are topnotch, I've raised over $400k from an initially stagnant reserve of $150K all within 14months
@@jirinamuzikova >It would be a very innovative suggestion to look out for Financial Advisors like “ROSEMARIE AGATHA ALLORA” who can help shape up your portfolio. Trying times are ahead, and good personal financial management will be very important to weather the storm
Can’t pay their debt but somehow they can afford to send billions to Ukraine and leave billions worth of equipment in Afghanistan, this administration just keeps making things worst.
Interesting , the stock market is currently experiencing a decline while bond yields are on the rise. However, there seems to be skepticism amongst investors regarding the Federal Reserve's plan to continue increasing interest rates until inflation is stabilized. As for myself, I find myself at a crossroads, uncertain whether to liquidate my $250,000 stock portfolio> I'm seeking advice on the best strategy to capitalize on this current bear market.
It's understandable that the current mass hysteria and panic are palpable. After all, we're not used to dealing with troubled markets. However, as you rightly pointed out, there are options available if you know where to look. Personally, I've been able to make a profit of over $850k in the last 10 months. It wasn't a complicated strategy that I used, I just knew that I needed a reliable and robust approach to navigate these trying times. That's why I hired a portfolio advisor.
@@lipglosskitten2610 I'll suggest you find a mentor or someone with experience guide you especially in this recession. especially for your 401K, IRA and portfolio diversification.
@@kenanporubsky2122 They are truly top-notch in their profession; I had the pleasure of working with one and it proved to be immensely advantageous as they helped me restructure my entire portfolio. My advisor is none other than Catherine Morrison Evans , a renowned figure in her line of work whom you may be familiar with.
@@lipglosskitten2610 Thank you for this tip , I must say, Catherine appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, educational background, and qualifications, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.
With everything happening now in the economy and the fact that inflation is still far higher than the Fed's 2% target, banks failing and more some individuals are getting richer and wealthy, the question is are you one of them or do you know the strategies ?
Its so hilarious how they want the world to think that this financial situation wasn't fully planned, which is incredibly strange. Listen up; THEY PLANNED TO DO THIS ALL ALONG!!! Least we can do now is get ourselves prepared.
The sad part is that even local businesses are under pressure from higher food prices in the "Recession Joe Biden" economy, as they are now double or even triple what they used to be. Next time, Brandon, let's go lol
Oh no not again.The global financial crisis collapse again. The boy that cried wolf again. How many times will people fall for the same contrived story. It's a one world system.
Expansionist policy, instead of allowing Russia ect grow their middle class to buy quality products from usa. Respect and new architecture, all inclusive. Check it's industrial ghost cities, towns in the usa. A wide range in middle class across the globe 🌐 may have helped buy usa products that are expensive, just like German products is sold to China, Russian, European countries middle class, gulf states ect . Banks investments in usa are debts 😮abstract investments , imagine a transportation reforms, employing people in millions. Instead it about oil companies, gun factories, arms industrial complex. Sanctions on countries ect.
@@debayanpal3181 you are in the dark the whole world knows that Russia's economy is booming and once the brics currency is introduced you are done,and no one will kneel infront of you anymore you will beg China for favours.
@@debayanpal3181Russia weaponized oil and gas and today it is earning more than before, that too in Roubles ... Cutting off Dollars' usage which could have been used by Americans to run their economy as Russia would have bought US govt securities.. Moreover.. USA is recklessly sending Ukraine blank cheques to continue the war.. US is hitting it's debt limit and Russia is earning through oil ..
I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it Investing is a long-term game, so focus on the long run.
Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.
Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
@@hermanramos7092 My advisor is ‘’Catherine Morrison Evans’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. 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
Inflation is far more harmful to individuals than a collapsing stock or property market because it directly affects people's cost of living, which they immediately feel. It is not surprising that the current market sentiment is extremely pessimistic. In today's economy, assistance is critical if we are to survive.
I believe I could benefit from additional assistance because I am having such difficulty navigating the market. Because the majority of my assets have already been sold, I may require some guidance on where to invest my money.
If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 65% since January. It is, in my opinion, the best way to get started in the industry right now.
@@adenmall7596 ELEANOR ANNETTE ECKHAUS is my consultant; I met her while watching a CNBC interview and later contacted her. She has since given me entry and exit points for the securities in which I am interested. You can look her up online if you require care supervision. I basically follow her trading pattern and have not been let down.
No it’s only the republicans who play this game - when u go back thru history the western media “both sides” it but it’s always the same story w the GOP trying to add their usual demands that hurt the working class
To combat the negative effect of inflation, it’s a good idea to diversify your portfolio across different asset classes, such as stocks, bonds, and real estate, since this can help protect your portfolio against inflation. I’ve heard testimonies of people accruing over $550k during this period
I think it's not always about fear. Sometimes realistic factors discourage people from reaching their goals in life. For example, I have tried to invest in the stock market several times, but have always been put off by fluctuations in the value of shares.
@@belobelonce35 Given that we are not accustomed to such uncertain markets, the fact that the US stock market has been on its longest bull run ever makes the widespread anxiety and excitement comprehensible. There are opportunities if you know where to go, as you noted that it wasn't difficult for me to earn more than $780k in the previous 10 months. Since I was aware that I would need a reliable and strong plan to get through these tough times, I engaged a portfolio advisor.
@@valeriepierre9778 My consultant is JEFFREY HAROLD STARR, he has since provide entry and exit points on the securities I focus on. You can look him up online if you care for supervision. I basically follow his trade pattern and haven’t regretted doing so
@@edelineguillet2121 Impressive, i’ll most definitely check him out. I buy the idea of employing the services of a Financial Advisor because finding that balance between saving and living requires counsel.
I am trying to avoid making any new buys at this point in other not to get sucked into a bear market trap.It's tough making money in stocks when institutional investors are the driving force behind the selling.. although I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?
The media is currently barraged with a lot of economic data right now. It takes a lot to see beyond the whole ocean of news and focus on what is important, which is that no matter how low stocks go, they always bounce back. I really ignore all the news and keep investing. I recently allocated about $321k to put in the market as we anticipate a crash. Any recommendations?
Investing in various sources of income that are independent of the government should be the most essential thing on everyone's mind right now. especially in light of the global economic crisis at the moment. I have $560,000 sitting in savings searching for the best method to enter these markets. This is still an excellent moment to invest in equities, gold, silver, and digital currencies.
@Alexander Webber Building a good financial-portfolio is more complex so I would recommend you seek professional support. This way you can get strategies designed to address your unique long-term goals and financial dreams.
@@biankabrodeur01 Working with a professional to develop a well-structured investing portfolio is a wonderful approach to get started. That's why I've been working on my dealings with “STACIE KRISTAL WEBER”. Because most traders enter the market with the intention of making a quick 10% to 20% profit, I've learnt to remain patient with the market. They miss out on the massive gains since it trades at a P/E ratio of 40-50...
@Nick Stacie covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her...
🤣it is all distraction ---make it look like these corporate owned TOOL politicians are doing something 🙉🙈🙊when all they are doing is stealing from the good American serfs☠️☠️☠️stealing us blind🤬
The usa.gov has NO other choices, and the American's next-generations just have to work tripled harder to payoff the debts from previous generations..💯👏🇺🇸👍➕️ they will NEVER know what social security checks look like..🤣😅..
@@rakhis2575 How? Yes the debt ceiling will be reached by next month. However if USA wants, it can raise the limit to $40 trillion, $50 trillion or to whatever amount they want it to be until a crash happens
The real benefactors have no intention of paying this debt the common people who benefited the least will be left with the burden, forever The people who lend and the people who benefit the most from these loans are on a par socially If they really wanted to even up the ledger they would be made to sell Alaska or Hawaii The whole planet has been valued @ 5Q America's "friendship" with Australia is revenue raising A "restricted zone" directly over precious resources we are having our national wealth hidden from and syphoned off without anyone the wiser $850 B for submarines we don't even need, that is alot of money for submarines Total Disarmament of the population, China has freer firearm laws!(and vape laws) I believe they are stealing rare earth's and semi precious minerals from our country. It is worse to be their ally than their enemy (rhymes with integrity) they are using us to service their enourmous debt, They should be made to @least offer Alaska up for security like you wouldb asked to offer up your house The bankers who lend to America know what they are doing to Australia and deserve to be thrown in prison and the money forfeited to the commonwealth
No one is saying that in the US, its an internal problem, not an international one for them. Only the medias are hyping the alarmist propaganda. Like the SVB bank who was supposed to be the harbinger of a disaster, so said the medias.
Well with the economy and stocks at where it is now, I'd be disappointed if people weren't making any error on their portfolio at this time, it was much easier to navigate during the bull-run, regardless I still see and read articles of people pulling over $225k by the weeks in trades, how come?
It all depends on how long you're willing to hold for and your strategies, stocks might likely tank further, but making serious gains in this downtrend shouldn't be a problem if you're a pro
I noticed, a lot of folks are making huge 6figure killings in this downtrend, only just that such techniques are mostly successfully executed by folks with in-depth market knowledge.
@@marcelrobert9569 That's impressive, my portfolio have been tanking all year, tried learning new strategies to gain in the current market but all of that flew right over head, please would you mind recommending the init-adviser you're using?
@@obodoaghahenry9297 Julie Anne Hoover is actually the one that guides me, she’s a highly-sought out adviser, so I’m not certain she’s accepting new intakes, but you can give it a shot. It wouldn’t be proper to just Leave her number Lying around, but she has a webpage you can look at if you Google her name.
Roughly £80k in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation.
You need to hire a financial advisor to help you diversify your portfolio by including Mutual Funds, Etf's, the 11 GICS groups, inflation-indexed bonds, and stocks of companies with reliable cash flows rather than growth stocks, where prices were based on future prospective earnings.
That's correct. At first, I wasn't too pleased with my gains compared to my previous performances, I was doing so poorly, I thought I needed to diversify into better assets, so I got in touch with an investment-advisor. That same year, I pulled a net gain of 90% percent, which is about 10 times more than average i was achieving.
@@AshtonGrace I'm happy to have stumbled upon this discussion. If you don't mind, could you tell me the name of the financial adviser who helps you with your investments and how I might contact them?
@@MariusNatt Having a counselor is essential for portfolio diversification. My advisor is "Maria Teresa Tyler" who is easily searchable and has extensive knowledge of the financial markets.
@@AshtonGrace Thanks for this tip. Her website popped up on the first page immediately I searched Maria Teresa Tyler’s name, I read through her resume and it seems pretty tight. So, I dropped a message & hopefully she replies soon.
Wonderful example to make the audiences understand. Awesome Palki Ji. Always coming up with the latest around the world. More importantly very important topics. Thanks 👍
China does not need any mini partners. Russia already tried to screw them once when they tried to join us in our space program and leave China out. Russia is not needed.
GOOD CONTENT !!! Very engaging right from the beginning These are tough times and frankly I appreciate how you discuss global finances in such a delicate way. Business and investment are the best way to make money and I dare not doubt the profitability of the cryptocurrency market. achieve a weekly income of 7600 euros even in this period of recession and high inflation. Eric is doing a great job, he is the right man to lead the investment business.
Working with Eric Barrios has really changed my life a lot, there was a time when I almost quit trading (investing in cryptocurrencies) due to several losses, but he gave me the opportunity to continue to trade. By investing with him, I was able to recover everything. I recouped all my losses and my profits keep coming back thanks to his experience and strategies.
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works.
Investing has the best results when you trade under a professional guide, Ethereum or some other cryptocurrency is going to be the global standard of payment. It'll be of greater value than national Fiat.
Problem is world can land into frying pan to fire .. US is evil but China is more evil … Today if Dollar goes down Yuan will be dominant and they are even worse than US.. so you need to choose between two evils … one other power is India who is not Evil … India has proposed alternative to Dollar in South Asia with instruments like UPI equivalent of SWIFT . If world supports it the world would be much peaceful place . India is the only country who has seen countless invasion and tortures but never retaliated as it believes in peace . Hope Indian rupee becomes a global currency in future
Thank you for referring Canada's neighbour. I had no idea what US was. I always thought Canada was a practical colony of US but may be they are a actual country.
As usual, wonderful explanation, Palki. The US is in even more serious trouble with everyone fleeing the dollar and countries paying for goods/services internationally with their own currencies. Then, with Saudi Arabia possible selling the US debt it bought, more problems will arise. In all of this, Rome comes to mind.
Great Video ❤️ I love it 😍 I don't understand why youths and adults are still poor when they have a smart phone and great opportunities on how to make money💰
@@tobytaylor4051 No specific one really, because there are lots of investment plans and strategies littered all over the internet today, for instance, investments like real estates,gold, drop shipping crypto currency and lots more
This happens every few years. They debate, look serious, talk rubbish, then raise the ceiling, print more money, then pat themselves on the back for a job well done. Its no big deal, it all BS
It's not the Republicans who are in charge. It's now the American taxpayer saying Enough is enough. Look for where waste is and put an end to this charade.
Media propaganda looking for a place to put the blame on. If it's not Trump, it's the Republicans. Both parties have been complicit in not protecting the taxpayers pockets.... Whilst lining their own to boot. And raising the debt ceiling. It's irresponsible. All that money given to Ukraine has to be audited. What was it for? Did it truly reach it's destination? Was it really given in the interests of the American taxpayer? And if not, the gravy train ends. NATO can go it alone. Plus whoever wants to join in.
One thing you left out in the credit card scenario.. If you keep going to the bank year after year to raise your limit while getting deeper and deeper into debt w/o ever really catching up, all while never having an actual income yet your personal stocks and investments continue to grow.... the bank stops raising it cause you become a liability issue. The political show is just that. The over spending what you dont have is the issue. Thats what they teach us in America. Over spend, stay in debt, screw learning how to truly budget. Its unfortunate
I think Washington can save alot by closing their air, military n naval bases from all over the world . Let each country dwell with their own issues. Right now it's costing billions of $$$ to run n maintain all of them.
@@shariffahalsagoff4440 believe me most countries would be more than happy if the US retreated its heavy presence a European country recently said as much of Im not mistaken Im pretty sure it was Germany after the US broke their pipeline
Palki, this gives Congress the perfect opportunity to question and scrutiny why the increase is required and also to scrutise the accounts in full so as to understand how the country is in such a state. A proper look which is currently time stricken. Respectfully. Thank you for your wonderful as incerpt.
It's supper easy. Just stop waging war all over the world and take care of your own people. Supper easy just one draw back. The people at the top will have to live like a normal human.
Good on You, Palki... 10/10 💯✅☑️👍 Tremendous Job... You've explained this matter of the USA Debt Ceiling/Crisis so well and so easy to understand for all and the common man too...
Our children and great grandchildren are screwed, they'll live there entire lives in debt! The Federal Reserve has us in an lifetime cycle of dedt, with No Way Out! One Love from ancient Tennessee
We know what they mean . Only one country fits the description of that entity perfectly . The handwriting is on the wall . Wall Street . New York City . When it goes down , the rest of the country will follow . Bye - bye Miss American Pie . Mystery Babylon , the mother of all harlots , with blood on her hands . The modern day version of Jezebel .
Forgive all intrest owed to the bank cartel, Nationalize the banks and return to a gold standard. Retool all defence industrial complex companies to domestic manufacturing and start rebuilding this country , new railroad, publically owned , Factory Co ops,not private monopoly monsters, Return to real farming instead of bayer/Monsanto Sometimes the way forward is actually to turn away from what has been proven not to work And neo capitalism has been a bonanza for about 10 percent or less while 90 percent are living in abject poverty!
Our debt ceiling is not about us paying bills, it’s about avoiding paying bills, that’s why the gov wants to raise it so can borrow more debt and not either cut spending or raise taxes (actually pay it’s bills).
The government should have a taste of their own medicine and feel what's its like to be homeless like a commoner when they can't afford to pay their bills
Yet he is sending more billions to Ukraine. So Replicans and Democrats have failed their country. So why does not someonebstop mad Biden and his mad friends.
@@tandennis5817 But no they doesn't want to cut their spending and drag the whole world with their mess,as a soon as they can no longer pay their obligation they will resort to default and those countries or institution who are naive to let them borrow for years they will definitely lose their money and u.s will go on as if nothing happen and probably still finance war and continously operate u.s military bases around the world.All these bases is making the government bankcrupt. They should give up control or else they will become a third world country.
@@marshallwhitmore9266 honestly, USD as reserve currency is 1000× better than any brics currency. But, the way USA used USD as a weapon against russia ( even though it's completely justified ) puts a lot of questions on our dependence on the USA. USA can literally cut anyone of us off at any given period of time and literally nobody will be able to do anything. This is scary for almost all the developing nations.
Every year this debt ceiling issue comes up and they increase the ceiling, because as Former Federal Reserve Chairman Greenspan said "US debt is not an issue because they have the reserve currency and they can repay the debt by just printing" , but with the de dollarization drive going around the world US cant inflate rest of the world like they used to do . SO they have to absorb considerable amount of Inflation themselves this time..
WOW VERY DANGEROUS SIR! 😠 😠I WILL NEVER GO TO USA!! 😠 BUT THIS WHY IM SO LUCKY LIVE IN SUPER INDIA THE CLEANEST COUNTRY IN THE WORLD 🇮🇳🤗 , WE NEVER SCAM! WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳
The more I look into the 'US monopoly' the more I see that most of the talking points against it are just hand waving and hot air. If you don't want to use US dollars deal with a vendor who will take the currency you prefer to use. If you feel you have a reason stop buying US products. The US adjusts interest rates and the supply of dollars to keep the economy somewhere between high inflation and economic depression. If this does not work for you again ditch the dollar. The anti US anti US-dollar thing is frequently a way to divert your attention from local problems. This is a time tested tactic. Live Long and Prosper.
The debt ceiling crisis has become an annual event. I’m sure they will continue kicking the can down the road. But there is a day of reckoning for their reckless spending. When paying interests becomes difficult, then paying the principal becomes impossible.
The US just exports it's inflation and debt away outside via US Treasury Securities Sales and local $ printing, that the World's Central Banks and other Financial Institutional Investors buy...nothing of the sort (Default) would happen as it's a one time thing and erodes all credibility for all time once it happens. They will keep making noises and then just increase the debt limit on or before June 01. If at all they choose the 'default' option, in comes CBDC (Central Bank Digital Currency) as the 'Saviour' in times of crises and out goes all semblance of freedom - manufactured problem and customized solution - create order out of self birthed chaos...
Yep I gave up trying to wake ppl up now I just watch our country burn and all the clowns go with it sucks that the rest of us have to suffer along with them though
It was only $22 trillion in March 2019, and so growing uncontrollably. It is not just federal debt but private and corporate debt at unprecedented levels. The Cassandras may be having it finally.
Yeah, inflation makes the numbers look bad. But what happens if the US defaults? Nothing They steal the gold like in the 1930s, or they create a new currency. The power structure stays intact, and only the really poor suffer.
I mean, it was inevitable at a stage the US economy debt bubble would burst. This issue has been ongoing for decades. The only solution is to cut back on spending, stop war coalitions, increase taxes and interest rates, and this will help you increase your economy.
If the US government cannot balance it's debt - and it has hundreds of thousands of accountants and other financial specialists to help it - how can they expect, and require, individual American householders to balance their personal debt?
These old monsters were monsters in their younger days too. And there are populists who had the answer decades ago who have been cancelled and blacklisted all this time which you never heard of. I remember when all these monsters were hippies abounding in youth and insisting "Don't trust anyone over 35." It's so old it's new.
not just a senior but one in obvious cognitive decline like Joe BIden....Its irresponsible and outrageous that the US Democrat party expects the world to play along with the charade that Joe Biden is mentally fit to be president
I've just given 100 billion of tax payer money away ,and I can't understand why the opposition won't agree to let me spend any more. They are to blaim for all our troubles!
Welcome on board Palika a bold women, has outspoken voice I loved her, she too gets bad patch but since she has guts and calls spade a spade Hats off lady
My question has always been who are we in debt too? Who is the federal reserve actually and what type of power do they hold against countries? Can they crumble a country without a army?
A massive slice of American HUMBLE PIE is just the desserts the US needs so they can remember what humility and being nice to others without conditions was like.
The west should thank Zelenskyy for helping them spend their money wisely 😂. If its not for Russian invasion, the world will never see the real true face of the west politicians
The failure of Banks has torn into global markets, with investors ripping up their forecasts for further rises in interest rates and dumping bank stocks around the world. I'm at a crossroads deciding if to liquidate my dipping 200k stock portfolio, what’s the best way to take advantage of this bear market?
The Banks situation is a reminder that Fed hikes are having an effect, even if the economy has held up so far,” It’s precisely at times like these that investors need to be on guard against the next certainty. You don’t have to act on every forecast, hence i will suggest you get yourself a financial-advisor.
I agree, having a brokerage advisor for inveesting is genius! Amidst the financial crisis in 2008, I was really having inveesting nightmare prior touching base with a advisor. In a nutshell, i've accrued over $850k with the help of my advisor from an initial $120k investment.
Thank you for this tip. it was easy to find your coach. Did my due diligence on DEBORAH DIVITO WELCH before scheduling a phone call with her. She seems proficient considering her résumé.
So I go the my bank and tell them (for the “umpteenth” time!), “If you don’t raise my credit card limit, there’s gonna be a catastrophe!! And it’s YOUR job to raise my credit limit!” 😮 The bank will then tell me, “YOU are responsible for creating this ‘catastrophe’! So tough sh*t!” That’s what needs to be told to this administration! 😡🤬
But think of all of the people that depend on this - the fallout will be worldwide in it's effects . The whole financial system will breakdown . Chaos will be everywhere . No semblance of order as everything shuts down due to the stoppage of the flow of credit / money . No transactions allowed . No payroll , no Social Security , no businesses open to shop at . Wherever you are when this happens , is where you will be , whatever you have is what you will have . Only bartering or stealing when everything else no longer functions .
it is very sad when the world agrees to use a currency for transactions between countries but is used to pressure other countries. it is time for the world to replace the dollar with another currency that is neutral and free from the interests of any country.
Zelensky sinked its own country Ukraine into war for its own personal ego and single handedly sinked USA, Europe and England also 😂. Russian Sanction didn't worked. Infact it helped Russia into a major power.
The old goat spends because it's not his money. Taxpayers are being screwed. In the meantime, hundreds of thousands of Ukrainians and Russians are being slaughtered, while the old goat enjoying his ice cream and naps.
The American ppl are nuts for letting their government get away with this and destroying their country freedoms and lives but nope as long as they can shove more McDonald’s in their mouths and watch their tvs and play on their phones they don’t care. American ppl will lose everything before they finally have enough but by then it will be to late for them.
@@dinatodorova4593 The powers that be has an agenda..... To totally surround Russia via NATO. they could care less about Ukraine as a people to save. This is all geopolitics.
They say that it has been done 78 times & therefore its their duty to raise the debt ceiling again. I say, Why have a ceiling when you’re always raising it. Just allow unlimited debt, print a few million trillion dollars every year and every weekend take one of those huge helicopters & throw $100 bills on residential areas all around the country..
I remember seeing such sensational news 6 years before claiming that dollar would collapse as the debt crossed 20T dollars. The dollar only got stronger.
The only difference now is that you have other powers challenging the dollar as a reserved currency. You do realize the dollar is backed by horse feces?
The best thing for all people in the world is to be right with God and have Him move us out of this money - worshipping world via the rapture . Then leave the money mongering lunatics to deal with the mess they created .
That's why we need an economic catastrophe to ditch our corrupted financial system and start everything afresh where interest rates will be defined by supply and demand and not central banks.
And that's why people will welcome 'the mark of the beast' where you can buy and sell with your own money that's attached to a chip in your body. Thinking all the while the govt can't touch my money now and I am safe, but really you are going to Hell in a hand basket.
A deal or compromise?. What's the best choice?. Can US govt go over the limit?. The answer is NO... they keep delaying the meeting for the solution...What is the best thing to do?. Thanks for the infos.
A transfer of wealth, the defense contracters got rich, the politicians enabling the war, the gas companies supplying gas to the Europe, Zelensky's party pocketing 400million, the ukrainians selling 75% of the weapons abroad.
The last womans speaking recons that there should be no ceiling, government can spend as much as they want? I must try this with my bank manager, see if he buys it.
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Do you think the US government will default on its debt?
Leave a comment and let us know your thoughts
I hope so
85% of the world population hopes so😅
Yes
😮yep. From Portugal. But briden is planted to destroy usa
In 5 years 100 trillion in debt
The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
Gold is often seen as a safe-haven asset that can protect against inflation and economic uncertainty. But like any investment, it carries risks. To determine if gold is the right investment option for you, an investment advisor can help you weigh the potential benefits and risks of investing in gold. They can also help you create a well-diversified portfolio that includes gold as part of a broader investment strategy. An investment advisor can help you decide how much of your portfolio should be allocated to gold and select other investments that can complement your gold holdings.
@@darnellcapriccioso Mind if I ask you to recommend how to reach this particular coach you using their service? Seems you've figured it all out unlike the rest of us.
@@tatianastarcic It's best you do your due diligence, I have my portfolio overseen by ‘Laurel Dell Sroufe’ and her qualifications speak for itself. Most likely, the internet is where to find basic info, she has a noticeable webpage for consulting.
@@darnellcapriccioso Thank you. I just checked her out now and I've sent an email. I hope she gets back to me soon. I've been thinking of doing this for a long time now, and I've procrastinated enough already.
My main concern now is how can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.
It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance
Very true! I've been able to scale from $70K to $210k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings?
@@lawerencemiller9720 The advisor that guides me is “Helene Claire Johnson” most likely the internet is where to find her basic info, you can run a quick research with her name. She's established...
I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes. Thanks.
This bank crisis is so far from being over. Anyone who has been around for longer than 12 years, knows a credit crisis isn't over in two weeks. Makes me laugh seeing folks thinking this was all over so quickly. We are seeing a credit contraction that is gonna lead to a major contraction.
My impression is that some of the banks were making an effort to restructure their bond holdings, which meant selling their low-yielding bonds despite the possibility of a loss and making up the difference by purchasing bonds with higher interest rates on the open market.
@@leonarodwell I've come to realise that I can't trust corporations. I suffered greatly from the financial collapse in 2008. I've only been concentrating on investing through a financial adviser since 2019, and it has been paying off. I won't ever return to working for banks full-time.
@@jetkastrokdova I'm sure the idea of a coach might sound generic or controversial to a few, but new study by investopedia found that demand for portfolio-coaches sky-rocketed by over 41.8% since the pandemic and based on firsthand encounter, I can say for certain their skillsets are topnotch, I've raised over $400k from an initially stagnant reserve of $150K all within 14months
@@MarkMilley810 Your experience sounds intriguing. Can you share the name of your advisor? I would greatly appreciate some guidance.
@@jirinamuzikova >It would be a very innovative suggestion to look out for Financial Advisors like “ROSEMARIE AGATHA ALLORA” who can help shape up your portfolio. Trying times are ahead, and good personal financial management will be very important to weather the storm
Can’t pay their debt but somehow they can afford to send billions to Ukraine and leave billions worth of equipment in Afghanistan, this administration just keeps making things worst.
Y'all have the worst jack leg 🦵 President in America History !!!
That's how late stage Empire works.
...World Empires last for about 250 years...that time is nearly up for the US Empire...*the writing is on the wall*...😮...
hell BIden has the USA paying for the Ukraine's national pension fund now!
This administration? You've been doing this shit across several.
Interesting , the stock market is currently experiencing a decline while bond yields are on the rise. However, there seems to be skepticism amongst investors regarding the Federal Reserve's plan to continue increasing interest rates until inflation is stabilized. As for myself, I find myself at a crossroads, uncertain whether to liquidate my $250,000 stock portfolio> I'm seeking advice on the best strategy to capitalize on this current bear market.
Investing in stocks can be a wise decision, especially if you have a reliable trading system that can lead you to fruitful days of success.
It's understandable that the current mass hysteria and panic are palpable. After all, we're not used to dealing with troubled markets. However, as you rightly pointed out, there are options available if you know where to look. Personally, I've been able to make a profit of over $850k in the last 10 months. It wasn't a complicated strategy that I used, I just knew that I needed a reliable and robust approach to navigate these trying times. That's why I hired a portfolio advisor.
@@lipglosskitten2610 I'll suggest you find a mentor or someone with experience guide you especially in this recession. especially for your 401K, IRA and portfolio diversification.
@@kenanporubsky2122 They are truly top-notch in their profession; I had the pleasure of working with one and it proved to be immensely advantageous as they helped me restructure my entire portfolio. My advisor is none other than Catherine Morrison Evans , a renowned figure in her line of work whom you may be familiar with.
@@lipglosskitten2610 Thank you for this tip , I must say, Catherine appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, educational background, and qualifications, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.
With everything happening now in the economy and the fact that inflation is still far higher than the Fed's 2% target, banks failing and more some individuals are getting richer and wealthy, the question is are you one of them or do you know the strategies ?
Its so hilarious how they want the world to think that this financial situation wasn't fully planned, which is incredibly strange. Listen up; THEY PLANNED TO DO THIS ALL ALONG!!! Least we can do now is get ourselves prepared.
The sad part is that even local businesses are under pressure from higher food prices in the "Recession Joe Biden" economy, as they are now double or even triple what they used to be. Next time, Brandon, let's go lol
Omg still so ignorant about the bigger picture. Looking to sort yourselves out and keep funding the wars, paying tax. 😂
Let them continue sending hundresdz of millions to Ukraine
Oh no not again.The global financial crisis collapse again. The boy that cried wolf again. How many times will people fall for the same contrived story. It's a one world system.
Holy shit, I thought these bots were real people for a second
Sanctions on Russia Backfired lol 🤣
How??
@@debayanpal3181 By weaponizing dollar everyone lost trust in it since it can happen to anyone in the future
Expansionist policy, instead of allowing Russia ect grow their middle class to buy quality products from usa. Respect and new architecture, all inclusive. Check it's industrial ghost cities, towns in the usa. A wide range in middle class across the globe 🌐 may have helped buy usa products that are expensive, just like German products is sold to China, Russian, European countries middle class, gulf states ect . Banks investments in usa are debts 😮abstract investments , imagine a transportation reforms, employing people in millions. Instead it about oil companies, gun factories, arms industrial complex. Sanctions on countries ect.
@@debayanpal3181 you are in the dark the whole world knows that Russia's economy is booming and once the brics currency is introduced you are done,and no one will kneel infront of you anymore you will beg China for favours.
@@debayanpal3181Russia weaponized oil and gas and today it is earning more than before, that too in Roubles ... Cutting off Dollars' usage which could have been used by Americans to run their economy as Russia would have bought US govt securities..
Moreover.. USA is recklessly sending Ukraine blank cheques to continue the war.. US is hitting it's debt limit and Russia is earning through oil ..
I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it Investing is a long-term game, so focus on the long run.
Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.
There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.
Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
@@kenanporubsky2122 Impressive can you share more info?
@@hermanramos7092 My advisor is ‘’Catherine Morrison Evans’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. 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
Inflation is far more harmful to individuals than a collapsing stock or property market because it directly affects people's cost of living, which they immediately feel. It is not surprising that the current market sentiment is extremely pessimistic. In today's economy, assistance is critical if we are to survive.
I believe I could benefit from additional assistance because I am having such difficulty navigating the market. Because the majority of my assets have already been sold, I may require some guidance on where to invest my money.
If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 65% since January. It is, in my opinion, the best way to get started in the industry right now.
@@africanboi4542 Please let me know the name of the investment consultant you work with and, if possible, how I can contact them.
@@adenmall7596 ELEANOR ANNETTE ECKHAUS is my consultant; I met her while watching a CNBC interview and later contacted her. She has since given me entry and exit points for the securities in which I am interested. You can look her up online if you require care supervision. I basically follow her trading pattern and have not been let down.
Ha u spending billion in war
They always play this scare game prior to raising the debt ceiling. They do it all the time. It's a game they play to justify raising the debt.
every time.
No it’s only the republicans who play this game - when u go back thru history the western media “both sides” it but it’s always the same story w the GOP trying to add their usual demands that hurt the working class
Yep
It didnt stop biden handlng ukriane a tril and unlimited weapons
The deep state always has its way and thus the politicians in both parties always increases the National debt. 😮
To combat the negative effect of inflation, it’s a good idea to diversify your portfolio across different asset classes, such as stocks, bonds, and real estate, since this can help protect your portfolio against inflation. I’ve heard testimonies of people accruing over $550k during this period
I think it's not always about fear. Sometimes realistic factors discourage people from reaching their goals in life. For example, I have tried to invest in the stock market several times, but have always been put off by fluctuations in the value of shares.
@@belobelonce35 Given that we are not accustomed to such uncertain markets, the fact that the US stock market has been on its longest bull run ever makes the widespread anxiety and excitement comprehensible. There are opportunities if you know where to go, as you noted that it wasn't difficult for me to earn more than $780k in the previous 10 months. Since I was aware that I would need a reliable and strong plan to get through these tough times, I engaged a portfolio advisor.
@@edelineguillet2121 who is your financial coach, do you mind hooking me up?
@@valeriepierre9778 My consultant is JEFFREY HAROLD STARR, he has since provide entry and exit points on the securities I focus on. You can look him up online if you care for supervision. I basically follow his trade pattern and haven’t regretted doing so
@@edelineguillet2121 Impressive, i’ll most definitely check him out. I buy the idea of employing the services of a Financial Advisor because finding that balance between saving and living requires counsel.
I am so glad that our beloved president sends so much money to the ukrainian oligarchys.
They probably send it to an Ukrainian company owned by Hunter Biden, and then funnel it back to Democratic party.
tax work strike
Choose wisely next time.
You know exactly your government would prefer to starve all of you for them to achieve their admission of humiliating and destroying Russia 😊😊😊😊
😂
The entire country is living on credit cards😁
You will leave India in a heartbeat if you get a job in the US and never come back 😂
the entire world runs on credit. been that way for a long time.
@The Crusty Ledge America is not entire world
😂😂😂😂😂😂😂😂😂😂😂
wrong. i owe nothing to anyone. no debt period
I am trying to avoid making any new buys at this point in other not to get sucked into a bear market trap.It's tough making money in stocks when institutional investors are the driving force behind the selling.. although I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?
This channel has the most credibility among all news outlets. Fair and balanced. A breath of fresh air.
hahahaha, yeah sure.
It ultimately reflects the views of the people that are running it
or biased to praising only india, russia, china or iran, and trashing the west at every chance... totally fair and balanced.
Better than USA news. I get so sick of their communism
amen
@@LoneBlackBear better then CNN, Washington Post 😉
The media is currently barraged with a lot of economic data right now. It takes a lot to see beyond the whole ocean of news and focus on what is important, which is that no matter how low stocks go, they always bounce back. I really ignore all the news and keep investing. I recently allocated about $321k to put in the market as we anticipate a crash. Any recommendations?
Please who is your FA and how can i reach out?
Investing in various sources of income that are independent of the government should be the most essential thing on everyone's mind right now. especially in light of the global economic crisis at the moment. I have $560,000 sitting in savings searching for the best method to enter these markets. This is still an excellent moment to invest in equities, gold, silver, and digital currencies.
@Alexander Webber Building a good financial-portfolio is more complex so I would recommend you seek professional support. This way you can get strategies designed to address your unique long-term goals and financial dreams.
@@biankabrodeur01 Working with a professional to develop a well-structured investing portfolio is a wonderful approach to get started. That's why I've been working on my dealings with “STACIE KRISTAL WEBER”. Because most traders enter the market with the intention of making a quick 10% to 20% profit, I've learnt to remain patient with the market. They miss out on the massive gains since it trades at a P/E ratio of 40-50...
@Nick Stacie covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her...
They'll just raise the debt ceiling like all the other times
🤣it is all distraction ---make it look like these corporate owned TOOL politicians are doing something 🙉🙈🙊when all they are doing is stealing from the good American serfs☠️☠️☠️stealing us blind🤬
The usa.gov has NO other choices, and the American's next-generations just have to work tripled harder to payoff the debts from previous generations..💯👏🇺🇸👍➕️ they will NEVER know what social security checks look like..🤣😅..
No the limit has been reached
@@rakhis2575 How? Yes the debt ceiling will be reached by next month. However if USA wants, it can raise the limit to $40 trillion, $50 trillion or to whatever amount they want it to be until a crash happens
This can't go on indefinitely
It is incredibly odd that they would have the world believe that this financial state of being wasn't absolutely planned.
🤣😃it's called the kids running up the credit card🤫
Or that We are to just pull our wallets out while we pull our pants down.
The real benefactors have no intention of paying this debt the common people who benefited the least will be left with the burden, forever The people who lend and the people who benefit the most from these loans are on a par socially If they really wanted to even up the ledger they would be made to sell Alaska or Hawaii The whole planet has been valued @ 5Q America's "friendship" with Australia is revenue raising A "restricted zone" directly over precious resources we are having our national wealth hidden from and syphoned off without anyone the wiser $850 B for submarines we don't even need, that is alot of money for submarines Total Disarmament of the population, China has freer firearm laws!(and vape laws) I believe they are stealing rare earth's and semi precious minerals from our country. It is worse to be their ally than their enemy (rhymes with integrity) they are using us to service their enourmous debt, They should be made to @least offer Alaska up for security like you wouldb asked to offer up your house The bankers who lend to America know what they are doing to Australia and deserve to be thrown in prison and the money forfeited to the commonwealth
Yes of course it was planned. Propaganda and manipulation are the name of their game. Satan is very good at what he does.
No one is saying that in the US, its an internal problem, not an international one for them. Only the medias are hyping the alarmist propaganda. Like the SVB bank who was supposed to be the harbinger of a disaster, so said the medias.
Well with the economy and stocks at where it is now, I'd be disappointed if people weren't making any error on their portfolio at this time, it was much easier to navigate during the bull-run, regardless I still see and read articles of people pulling over $225k by the weeks in trades, how come?
It all depends on how long you're willing to hold for and your strategies, stocks might likely tank further, but making serious gains in this downtrend shouldn't be a problem if you're a pro
I noticed, a lot of folks are making huge 6figure killings in this downtrend, only just that such techniques are mostly successfully executed by folks with in-depth market knowledge.
@@marcelrobert9569 That's impressive, my portfolio have been tanking all year, tried learning new strategies to gain in the current market but all of that flew right over head, please would you mind recommending the init-adviser you're using?
@@obodoaghahenry9297 Julie Anne Hoover is actually the one that guides me, she’s a highly-sought out adviser, so I’m not certain she’s accepting new intakes, but you can give it a shot. It wouldn’t be proper to just Leave her number Lying around, but she has a webpage you can look at if you Google her name.
Maybe they should get that 200 billion they gived to ukraine 😂
Good luck trying to get it out of Zelensky's bank account
THE DNC and RNC should pay for all the wars since ww2😃
How much does it cost to operate army bases. ..aircraft carrier's around the world. Just to stir up trouble. A Lot.
That money went straight into Ukrainians black hole
Or maybe invade another country,thay are getting what they deserve hope they sink into the ocean.
Watching First Post is like watching an educational lecture. It is not just news but learning in basic terms. Great!
Exactly that's my point bro!! i was assume daily as i am in interesting class with brilliant lecturer.
Roughly £80k in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation.
You need to hire a financial advisor to help you diversify your portfolio by including Mutual Funds, Etf's, the 11 GICS groups, inflation-indexed bonds, and stocks of companies with reliable cash flows rather than growth stocks, where prices were based on future prospective earnings.
That's correct. At first, I wasn't too pleased with my gains compared to my previous performances, I was doing so poorly, I thought I needed to diversify into better assets, so I got in touch with an investment-advisor. That same year, I pulled a net gain of 90% percent, which is about 10 times more than average i was achieving.
@@AshtonGrace I'm happy to have stumbled upon this discussion. If you don't mind, could you tell me the name of the financial adviser who helps you with your investments and how I might contact them?
@@MariusNatt Having a counselor is essential for portfolio diversification. My advisor is "Maria Teresa Tyler" who is easily searchable and has extensive knowledge of the financial markets.
@@AshtonGrace Thanks for this tip. Her website popped up on the first page immediately I searched Maria Teresa Tyler’s name, I read through her resume and it seems pretty tight. So, I dropped a message & hopefully she replies soon.
Wonderful example to make the audiences understand. Awesome Palki Ji. Always coming up with the latest around the world. More importantly very important topics. Thanks 👍
@the boogey man Kindly seek advice from a doctor please. U need some urgent treatment 🙏. Thanks
This is why the BRICS should quickly establish a new currency where the American investors could hedge their money from the overspending of US gov't.
BRICS too stupid to do that
China does not need any mini partners. Russia already tried to screw them once when they tried to join us in our space program and leave China out. Russia is not needed.
They don't want your dollars 😅
Fighting too many wars makes you poor . Living beyond your mean makes you poor . Giving Bellendskyy and Co more pocket money 💰, makes you poor .
This will do even more damage to us currency!
GOOD CONTENT !!! Very engaging right from the beginning These are tough times and frankly I appreciate how you discuss global finances in such a delicate way.
Business and investment are the best way to make money and I dare not doubt the profitability of the cryptocurrency market. achieve a weekly income of 7600 euros even in this period of recession and high inflation. Eric is doing a great job, he is the right man to lead the investment business.
Working with Eric Barrios has really changed my life a lot, there was a time when I almost quit trading (investing in cryptocurrencies) due to several losses, but he gave me the opportunity to continue to trade. By investing with him, I was able to recover everything. I recouped all my losses and my profits keep coming back thanks to his experience and strategies.
INSTAGRAM
Eric Barrios Trading
FAKE SCAM . Do not message this guy. All these replies are FAKE. DO NOT TRUST THESE COMMENTS!!!!! THEY ARE FAKE!!!!
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works.
Investing has the best results when you trade under a professional guide, Ethereum or some other cryptocurrency is going to be the global standard of payment. It'll be of greater value than national Fiat.
I've always wanted to invest in stocks but was always discouraged. I wanna start now
oh my gosh I saw that recommendation last week but I didn't bother chatting her up 🤦🤦
>
Ditch the dollar and watch them burn.
That will be the best news for this world
@@aminuaidara8601 USA will start WW3 before it will drop to ''number 2'' 💩
Problem is world can land into frying pan to fire .. US is evil but China is more evil … Today if Dollar goes down Yuan will be dominant and they are even worse than US.. so you need to choose between two evils … one other power is India who is not Evil … India has proposed alternative to Dollar in South Asia with instruments like UPI equivalent of SWIFT . If world supports it the world would be much peaceful place . India is the only country who has seen countless invasion and tortures but never retaliated as it believes in peace . Hope Indian rupee becomes a global currency in future
Thank you for referring Canada's neighbour. I had no idea what US was.
I always thought Canada was a practical colony of US but may be they are a actual country.
Semi-colony
As usual, wonderful explanation, Palki. The US is in even more serious trouble with everyone fleeing the dollar and countries paying for goods/services internationally with their own currencies. Then, with Saudi Arabia possible selling the US debt it bought, more problems will arise. In all of this, Rome comes to mind.
Baden wants more money to invest in his wars.
Great Video ❤️ I love it 😍
I don't understand why youths and adults are still poor when they have a smart phone and great opportunities on how to make money💰
@@tobytaylor4051 No specific one really, because there are lots of investment plans and strategies littered all over the internet today, for instance, investments like real estates,gold, drop shipping crypto currency and lots more
That's correct, I met her at a conference in Singapore... she's incredibly smart.
I made alot of dollar trading with her
I wish everyone gets rich and comfortable
@@annmannings1840 Since 2018 I reached out to Mrs Sonia ,I’ve been debt free! Bought myself a car,house and an Amazon parrot☺️I love parrots
I’m a resident of Egypt and have heard of crypto currency and would love to join..,any guide?
This happens every few years. They debate, look serious, talk rubbish, then raise the ceiling, print more money, then pat themselves on the back for a job well done. Its no big deal, it all BS
And make fools of the rest of the world
It's not the Republicans who are in charge. It's now the American taxpayer saying Enough is enough. Look for where waste is and put an end to this charade.
Media propaganda looking for a place to put the blame on. If it's not Trump, it's the Republicans. Both parties have been complicit in not protecting the taxpayers pockets.... Whilst lining their own to boot. And raising the debt ceiling. It's irresponsible. All that money given to Ukraine has to be audited. What was it for? Did it truly reach it's destination? Was it really given in the interests of the American taxpayer? And if not, the gravy train ends. NATO can go it alone. Plus whoever wants to join in.
I remember it happening under Trump, and before him under Obama.
And export inflation too.
One thing you left out in the credit card scenario..
If you keep going to the bank year after year to raise your limit while getting deeper and deeper into debt w/o ever really catching up, all while never having an actual income yet your personal stocks and investments continue to grow.... the bank stops raising it cause you become a liability issue. The political show is just that. The over spending what you dont have is the issue.
Thats what they teach us in America. Over spend, stay in debt, screw learning how to truly budget. Its unfortunate
The American way, lol
I think Washington can save alot by closing their air, military n naval bases from all over the world . Let each country dwell with their own issues. Right now it's costing billions of $$$ to run n maintain all of them.
The money isn't real tho
@@svenjorgensenn8418: The interest payments on the debt is real enough, though...
@@shariffahalsagoff4440 believe me most countries would be more than happy if the US retreated its heavy presence a European country recently said as much of Im not mistaken Im pretty sure it was Germany after the US broke their pipeline
Palki, this gives Congress the perfect opportunity to question and scrutiny why the increase is required and also to scrutise the accounts in full so as to understand how the country is in such a state.
A proper look which is currently time stricken. Respectfully.
Thank you for your wonderful as incerpt.
It's supper easy. Just stop waging war all over the world and take care of your own people. Supper easy just one draw back. The people at the top will have to live like a normal human.
Good on You, Palki... 10/10 💯✅☑️👍 Tremendous Job... You've explained this matter of the USA Debt Ceiling/Crisis so well and so easy to understand for all and the common man too...
Our children and great grandchildren are screwed, they'll live there entire lives in debt! The Federal Reserve has us in an lifetime cycle of dedt, with No Way Out! One Love from ancient Tennessee
I have the feeling the debt ceiling will be raised only agreeing to huge budget cuts and social spending against the poor
Will Biden agree to it though
☠️☠️☠️CUT THE MIC☠️☠️☠️
We need budget cuts and social spending cuts yesterday!! We waste too much!..We will pay for this!
The limit has been reached
Not the poor , the scammers and deadbeats
Babylon is falling. 🤧
Mystery Babylon of end days you mean.
We know what they mean . Only one country fits the description of that entity perfectly . The handwriting is on the wall . Wall Street . New York City . When it goes down , the rest of the country will follow . Bye - bye Miss American Pie . Mystery Babylon , the mother of all harlots , with blood on her hands . The modern day version of Jezebel .
The real question is, how the heck will they pay off the debt?
The heck is that they will never pay off their debt; but will continue to raise it.
Forgive all intrest owed to the bank cartel,
Nationalize the banks and return to a gold standard.
Retool all defence industrial complex companies to domestic manufacturing and start rebuilding this country , new railroad, publically owned ,
Factory Co ops,not private monopoly monsters,
Return to real farming instead of bayer/Monsanto
Sometimes the way forward is actually to turn away from what has been proven not to work
And neo capitalism has been a bonanza for about 10 percent or less while 90 percent are living in abject poverty!
Our debt ceiling is not about us paying bills, it’s about avoiding paying bills, that’s why the gov wants to raise it so can borrow more debt and not either cut spending or raise taxes (actually pay it’s bills).
But they like controlling other country's borrowings.
@@Magnito-kh6vu Most countries who borrow from the US, do so from the American private sector, not it’s government (unlike China).
The government should have a taste of their own medicine and feel what's its like to be homeless like a commoner when they can't afford to pay their bills
Yet he is sending more billions to Ukraine. So Replicans and Democrats have failed their country. So why does not someonebstop mad Biden and his mad friends.
@@tandennis5817 But no they doesn't want to cut their spending and drag the whole world with their mess,as a soon as they can no longer pay their obligation they will resort to default and those countries or institution who are naive to let them borrow for years they will definitely lose their money and u.s will go on as if nothing happen and probably still finance war and continously operate u.s military bases around the world.All these bases is making the government bankcrupt. They should give up control or else they will become a third world country.
America prints. The world pays!
🙉🙈🙊are the ZOMBIES waking up---the American slaves are way more clueless to the SYSTEM of theft in which we live🤬
The world? Are you stipid or something? Its US tax payers who pays for it. Finish your high school or college before commenting non sense.
Not fo much longer. Brics will be the end
@@marshallwhitmore9266 😂😂😂 at BRICS
@@marshallwhitmore9266 honestly, USD as reserve currency is 1000× better than any brics currency. But, the way USA used USD as a weapon against russia ( even though it's completely justified ) puts a lot of questions on our dependence on the USA. USA can literally cut anyone of us off at any given period of time and literally nobody will be able to do anything. This is scary for almost all the developing nations.
Every year this debt ceiling issue comes up and they increase the ceiling, because as Former Federal Reserve Chairman Greenspan said
"US debt is not an issue because they have the reserve currency and they can repay the debt by just printing" ,
but with the de dollarization drive going around the world US cant inflate rest of the world like they used to do . SO they have to absorb considerable amount of Inflation themselves this time..
Ditching dollar means End of US monopoly
WOW VERY DANGEROUS SIR! 😠 😠I WILL NEVER GO TO USA!! 😠 BUT THIS WHY IM SO LUCKY LIVE IN SUPER INDIA THE CLEANEST COUNTRY IN THE WORLD 🇮🇳🤗 , WE NEVER SCAM! WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳
Slowly but surely
The more I look into the 'US monopoly' the more I see that most of the talking points against it are just hand waving and hot air. If you don't want to use US dollars deal with a vendor who will take the currency you prefer to use. If you feel you have a reason stop buying US products. The US adjusts interest rates and the supply of dollars to keep the economy somewhere between high inflation and economic depression. If this does not work for you again ditch the dollar. The anti US anti US-dollar thing is frequently a way to divert your attention from local problems. This is a time tested tactic. Live Long and Prosper.
@@GeronimoGeronimo-y4l Now it's quickly but surely .
@@huntncover USA will start WW3 before it will drop to ''number 2'' 💩
The debt ceiling crisis has become an annual event. I’m sure they will continue kicking the can down the road. But there is a day of reckoning for their reckless spending. When paying interests becomes difficult, then paying the principal becomes impossible.
Get rid of the 87,000 IRS agents and you'll put 80 billion right back in in our hands to help pay our debt
She had me at Canada's neighbour U.S 😂
Subtle Palki😂😂😂... She didn't even blink saying that.
The US just exports it's inflation and debt away outside via US Treasury Securities Sales and local $ printing, that the World's Central Banks and other Financial Institutional Investors buy...nothing of the sort (Default) would happen as it's a one time thing and erodes all credibility for all time once it happens. They will keep making noises and then just increase the debt limit on or before June 01. If at all they choose the 'default' option, in comes CBDC (Central Bank Digital Currency) as the 'Saviour' in times of crises and out goes all semblance of freedom - manufactured problem and customized solution - create order out of self birthed chaos...
Who stole the US surplus in the late 90s?
Underrated comment, thanks. A gradual move to renmimbi and ruble is the only way this will play out.
So nicely explained, even the layman understands.Thank you
It’s hilarious how we all see we are being lead to the cliffs edge and we happily jump off …
Better not to forget to clap meanwhile!
Yep I gave up trying to wake ppl up now I just watch our country burn and all the clowns go with it sucks that the rest of us have to suffer along with them though
I for one am happy about being this close to the cliff edge!
It was only $22 trillion in March 2019, and so growing uncontrollably. It is not just federal debt but private and corporate debt at unprecedented levels. The Cassandras may be having it finally.
Yeah, inflation makes the numbers look bad. But what happens if the US defaults?
Nothing
They steal the gold like in the 1930s, or they create a new currency.
The power structure stays intact, and only the really poor suffer.
Only 22..
I mean, it was inevitable at a stage the US economy debt bubble would burst. This issue has been ongoing for decades. The only solution is to cut back on spending, stop war coalitions, increase taxes and interest rates, and this will help you increase your economy.
If the US government cannot balance it's debt - and it has hundreds of thousands of accountants and other financial specialists to help it - how can they expect, and require, individual American householders to balance their personal debt?
Free lunch is over guys !!!
The us is in real shit borrowing money to pay debts . The us will just collapse in the end its a third world place anyway .
I am not sure why the American people have to put seniors, Biden & Finance Minister in charge in the 1st place. It's obvious, the outcome is chaos.
These old monsters were monsters in their younger days too. And there are populists who had the answer decades ago who have been cancelled and blacklisted all this time which you never heard of. I remember when all these monsters were hippies abounding in youth and insisting "Don't trust anyone over 35." It's so old it's new.
Biden's not in charge of anything.
He's just the cardboard cut-out to take the blame.
Half of us voted for Trump.
not just a senior but one in obvious cognitive decline like Joe BIden....Its irresponsible and outrageous that the US Democrat party expects the world to play along with the charade that Joe Biden is mentally fit to be president
Trump was another.
But U.S.A. will pore millions for UKRAINE. 😢
It is not Congress Job to "Just Write Checks". These people are insane.
I've just given 100 billion of tax payer money away ,and I can't understand why the opposition won't agree to let me spend any more. They are to blaim for all our troubles!
You're the perfect White House' spokesman! 😀😀
@@lancecahill5486 nah he says the truth bluntly. Whitehouse only need lier, a criminal who don't care about the public.
Welcome on board Palika a bold women, has outspoken voice
I loved her, she too gets bad patch but since she has guts and calls spade a spade
Hats off lady
Good explanation. The government spends like it is an unlimited card. And spend it on useless things
Yes. Like foreign wars.
That's exactly what we need "the economic catastrophe" to end this insane cycle of debt increase to finance the bankrupt system.
My question has always been who are we in debt too? Who is the federal reserve actually and what type of power do they hold against countries? Can they crumble a country without a army?
A massive slice of American HUMBLE PIE is just the desserts the US needs so they can remember what humility and being nice to others without conditions was like.
It's all a show, and you fell for it
Meanwhile Zelensky: Gimme some billions
The west should thank Zelenskyy for helping them spend their money wisely 😂. If its not for Russian invasion, the world will never see the real true face of the west politicians
Is it "their" Constitutional duty to indebt children further and further? ...written where?
Palki you are one of the best news anchor. Love from 🇵🇰
Usman, she needs improvement 😅😅
@@dinatodorova4593 Already improved
@@usman9002 her salary has improved .
The failure of Banks has torn into global markets, with investors ripping up their forecasts for further rises in interest rates and dumping bank stocks around the world. I'm at a crossroads deciding if to liquidate my dipping 200k stock portfolio, what’s the best way to take advantage of this bear market?
The Banks situation is a reminder that Fed hikes are having an effect, even if the economy has held up so far,” It’s precisely at times like these that investors need to be on guard against the next certainty. You don’t have to act on every forecast, hence i will suggest you get yourself a financial-advisor.
I agree, having a brokerage advisor for inveesting is genius! Amidst the financial crisis in 2008, I was really having inveesting nightmare prior touching base with a advisor. In a nutshell, i've accrued over $850k with the help of my advisor from an initial $120k investment.
that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.
credits to DEBORAH DIVITO WELCH, one of the best portfolio manager's out there. she's well known, you should look her up.
Thank you for this tip. it was easy to find your coach. Did my due diligence on DEBORAH DIVITO WELCH before scheduling a phone call with her. She seems proficient considering her résumé.
the only youtube channel which talks with honesty. and no other can present this as accurately as Palki.
So I go the my bank and tell them (for the “umpteenth” time!), “If you don’t raise my credit card limit, there’s gonna be a catastrophe!! And it’s YOUR job to raise my credit limit!” 😮
The bank will then tell me, “YOU are responsible for creating this ‘catastrophe’! So tough sh*t!”
That’s what needs to be told to this administration! 😡🤬
But think of all of the people that depend on this - the fallout will be worldwide in it's effects . The whole financial system will breakdown . Chaos will be everywhere . No semblance of order as everything shuts down due to the stoppage of the flow of credit / money . No transactions allowed . No payroll , no Social Security , no businesses open to shop at . Wherever you are when this happens , is where you will be , whatever you have is what you will have . Only bartering or stealing when everything else no longer functions .
it is very sad when the world agrees to use a currency for transactions between countries but is used to pressure other countries. it is time for the world to replace the dollar with another currency that is neutral and free from the interests of any country.
Palki Sharma, im your fan. i never enjoy watching about economy and crisis if its not because of you who explain it so well. thank you.
Nothing will stop God's judgement on America. America has centuries of blood on its hands and has avoided punishment up until now.
Every country has blood on its hands
Don't worry it is coming but on God time and it already started...
@@gracerichards592if there was a god most countries on the planet would be doomed so obviously gods are no more than fairytales
The dollar is now becoming useless. I’ll use for toilet paper 🧻
Send TO ZIMBABWE
Only the PAPER dollar is...
You will soon need a suitcase to take home your weekly pay, by the end of the week it will be worthless.
For sure that’s the only thing it’s good for now.
Lol no you won’t
Palki ji 🙏 for highlighting an explosive event . As usual your videos are atleast Marvellous being Important , Short and very Interesting.
The world is sick of the wicked dollar
This is the best news show on TH-cam. Can't see any bias and I could listen to Palki's voice all day.
This is so much better of a news source than CNN, Fox, CNBC, and all political news sources!
Zelensky sinked its own country Ukraine into war for its own personal ego and single handedly sinked USA, Europe and England also 😂. Russian Sanction didn't worked. Infact it helped Russia into a major power.
Every time these two parties play this game, end of the day both come to an aggrement and will raise the limit and the show continues.
Hopefully we default on the debt and the public takes control back from the dictatorship we are living in.
And yet, didn't that old goat just announce over a billion dollars in cash and arms to Ukraine? 🤣 You American politicians are nuts
The old goat spends because it's not his money. Taxpayers are being screwed. In the meantime, hundreds of thousands of Ukrainians and Russians are being slaughtered, while the old goat enjoying his ice cream and naps.
The American ppl are nuts for letting their government get away with this and destroying their country freedoms and lives but nope as long as they can shove more McDonald’s in their mouths and watch their tvs and play on their phones they don’t care. American ppl will lose everything before they finally have enough but by then it will be to late for them.
That’s one days loan repayment!….ouch
All good things come to an end! It was a good run! Charles Ponzi smiles at America from the grave!
Thanks for updating latest updating.
This problem crops up every few years and gets resolved at the last minute.
They gave all the money to Ukraine 😂
Indeed, now what? We didn't have 50 bil gor border wall, but we gave foreign countries 300 bln...
True ! This administration is others first America last 😅
@@dinatodorova4593 The powers that be has an agenda..... To totally surround Russia via NATO. they could care less about Ukraine as a people to save. This is all geopolitics.
As we all knows evil Uncle Sam they will sacrifice and starve they're people to keep this war going in Ukraine 😂😂😂😂
Palki Sharma explained it so well.
This is what happen when you try to run the whole world on resources of single country.
It's the other way round the whole world has been running US. Till now , n now world has said no to US , hence default.
They say that it has been done 78 times & therefore its their duty to raise the debt ceiling again. I say, Why have a ceiling when you’re always raising it. Just allow unlimited debt, print a few million trillion dollars every year and every weekend take one of those huge helicopters & throw $100 bills on residential areas all around the country..
Actually, those helicopters only serve businesses.
Between given money to Ukraine and to US citizens, the latter ranks rather low in priority.
I remember seeing such sensational news 6 years before claiming that dollar would collapse as the debt crossed 20T dollars. The dollar only got stronger.
The only difference now is that you have other powers challenging the dollar as a reserved currency. You do realize the dollar is backed by horse feces?
The best thing to do is for the American people to move out of the country and leave all this debt with the politicians.
The best thing for all people in the world is to be right with God and have Him move us out of this money - worshipping world via the rapture . Then leave the money mongering lunatics to deal with the mess they created .
Good news and music to my ears 😌🇿🇦
That's why we need an economic catastrophe to ditch our corrupted financial system and start everything afresh where interest rates will be defined by supply and demand and not central banks.
And that's why people will welcome 'the mark of the beast' where you can buy and sell with your own money that's attached to a chip in your body.
Thinking all the while the govt can't touch my money now and I am safe, but really you are going to Hell in a hand basket.
The US never had any intentions of paying is debts.
All they need is to start another big war which is called Armageddon an they will be free of this debt 😂😂😂😂😂
I've been following this news outlet, any other news too. She is the best presenter.
A deal or compromise?. What's the best choice?. Can US govt go over the limit?. The answer is NO... they keep delaying the meeting for the solution...What is the best thing to do?. Thanks for the infos.
Didn't they earn a "fortune" on Ukraine war? Where did all the money go?
A transfer of wealth, the defense contracters got rich, the politicians enabling the war, the gas companies supplying gas to the Europe, Zelensky's party pocketing 400million, the ukrainians selling 75% of the weapons abroad.
That's Biden family money😢
Not just Ukraine remember all they're military bases on this planet earth to need money 😂😂😂
The last womans speaking recons that there should be no ceiling, government can spend as much as they want? I must try this with my bank manager, see if he buys it.
That's what politicians do. They don't have any problems spending taxpayers' money.
That was Mcrathy,s plan along😢😢