The END GAME for the Dollar: China vs the U.S. | Grant Williams and Luke Gromen

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Күн бұрын

In this episode of On The Margin Mike is joined by returning guests Grant Williams & Luke Gromen. We welcome back two financial market veterans for a special episode exploring the fracturing geopolitical landscape between the east and the west. Grant and Luke share their insight surrounding China's declaration of war on the U.S, how the current monetary system could collapse China's economy, the consequences of globalization, what the end game is for the dollar & how to prepare for the changing world order as two global superpowers collide.
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Timestamps:
00:00・Introduction
00:55・The great power competition: China vs U.S
08:37・The difference in financial markets between China & the U.S
18:42・The consequences of globalization
20:08・A battle of ideologies between the east and the west
24:48・The current structure of the monetary system
28:45・Coinbase Prime Ad
30:02・Ledger Ad
31:26・Inflation is the only way out of a sovereign debt crisis
36:52・The end of an empire
41:15・Financial repression
49:32・What assets to buy during financial repression
54:58・Grant & Luke's framework for Bitcoin

Пікірлер: 652

@ThierryDavin 2 жыл бұрын

Hi Michael, this whole interview is a must to listen to, best guests you can possibly have and you did a hell of a job directing the whole thing. Thanks

@spartacusnobu3191 2 жыл бұрын

Yeah, is like crying over someone moving your cheese. The west is having a hard time accepting that China is now the dominant power in the world today. The other guy keeps complaining about China cleaning out the mid-west but forgot to mention the fact that American companies closed them down and made tons of money using the cheap labor available in China. China does not depend on the dollar, you can keep telling yourselves this fantasy stories about China needing oil or dollars, they don't and have been buying things in around the world with the yuan...there is no economic collapse in China, stop the fantasy guys...it's laughable :)

@tonytan6547 2 жыл бұрын

No,this dialogue is a disllusion

@BigGrizzNYC 2 жыл бұрын

The problem isn’t anything that China is doing. The problem is what the US isn’t doing. China had a practical approach to building its country and being competitive. The US was sending poor kids to die in a rich man’s war. China invested in their human capital, we invested in what?

@oitzingerpeter 2 жыл бұрын

The US Empire’s Military Industrial Complex.

@winkstorm 2 жыл бұрын

Well said

@Aengrod 2 жыл бұрын

You 'invested' in protecting israel, from any nations hostile to its interests.

@maplenook 2 жыл бұрын

The USA is focused on gender identity and sexual preferences

@shaundudley4576 2 жыл бұрын

@@maplenook like you here, you mean.

@workwillfreeyou 2 жыл бұрын

The U.S.A. : I saw the enemy and the enemy was me.

@dinomoon7891 2 жыл бұрын

Daily , weekly investment ➕①➄①➄③④①⑧⑥⑧⑥ A S A P 🤑.

@kaiki8490 2 жыл бұрын

This is a good channel about the US and china conflict The new atlas Brian Berletic kzfaq.info/get/bejne/iKmEqLdky96oiWg.html

@kaiki8490 2 жыл бұрын

Here is a 2min vid on china kzfaq.info/get/bejne/Y8V7n5B82NbLY5s.html

@kaiki8490 2 жыл бұрын

The enemy was clearly me in the case of covid. Look up The last american V a g abond Ft D e t r ic k mysterious vaping illness

@liubang9375 2 жыл бұрын

I know many American will not want to understand or know once US Dollar lose it dominance status ,the American economy will eventually collapse because the American can't print anymore money without losing their value...Therefore when the Dollar collapsed the US military will collapse at the same time as well ...

@kaiki8490 2 жыл бұрын

Have you seen this channel The new atlas Brian Berletic

@chongyeeyap9586 2 жыл бұрын

What right by international Law has the US to force China to be like the USA ?

@seancurtin5609 2 жыл бұрын

SO YOU WANT TO HAVE NO FREEDOM LIKE CHINA????

@sosaysthecaptain5580 2 жыл бұрын

@Plain Truth it’s a totally different mindset when your country has spent the past 40 years getting better instead of worse. Of course before those 40 years, something like 10% of the population died at the hands of the government, so there’s that too.

@kaiki8490 2 жыл бұрын

Evolution of western anti china propaganda 16.30 new york time report on raise of saudi funded extremist kzfaq.info/get/bejne/g9txdLRk1rLQY3U.html

@kaiki8490 2 жыл бұрын

Taiwan airspace in mainland china Fermube kzfaq.info/get/bejne/heCAdLZnsJ6Raas.html

@kaiki8490 2 жыл бұрын

Everything you hear about china in western news are lies, even petty one like this kzfaq.info/get/bejne/frt3l5aUyrORoJs.html

@peterbedford2610 2 жыл бұрын

It is tough to have a war with your biggest supplier

@whirledpeas1663 2 жыл бұрын

Why is China a threat? Are Chinese fighter jets and aircraft carriers navigating near California coast?

@maplenook 2 жыл бұрын

They desperately want the USA to feed their people. Now that our military took the experiment...it’s a little concerning

@maplenook 2 жыл бұрын

Dude you must be a liberal

@triproad386 2 жыл бұрын

@@maplenook I am Chinese. I don't want to our country to buy oil and other products by dollar. Do you have any problem with that? If you have, tell me why. Why should China listen to the US and use dollar?

@hsingholee1058 2 жыл бұрын

Exactly.

@ozsharpener 2 жыл бұрын

The China threat is completely a made-up created by American ruling class. Unfortunately this made-up was also created to distract the ruled classes in the west away from the enormous wealth disparity. So it practically traps the entire US led west by not intending to fix any of their actual socioeconomic problems. This will not end up well as it does not seem to be effective disrupting China's rise physically while it does hurt the western world physically, unless the US has the ball to launch a hot war, which can highly likely be escalated to a H-bomb exchange in a few hours, against China.

@ceychungyu7462 2 жыл бұрын

Hypocrisy, at its best, a losing argument, when the host starts with Xinjiang, when the greatest atrocities had been committed by USA on the native Americans, who had a population of 10 million 240 years ago were massacred over a period of time to just 250 000 by the beginning of the 20th century, stealing and possessing the country. As to bringing industry back to the USA, its wishful thinking, with all these sanctions, the trade with China has increased by 30%, it is going to beat all records this year. The queue of ships out side a USA ports are 90% Chinese goods for the Christmas and New Year. The shelfs of the supermarkets are already bare. What is the problem of China, doing better than the USA, surely it is not God's prerogative that USA should lead the world. Whats wrong with a multipolar world. It would be better, it would allow the USA a much earned rest from 228 years of war, having only 16 years of rest since forceful occupation of the native American lands. This was supposed to be a discussion on the economics of the USA, but its China bashing, just like the clowns in the congress.

@tonytan6547 2 жыл бұрын

And the hundreds of muslims were bombed/shot to death and millions more displced/became homeless by the americans/the west

@xqt39a 2 жыл бұрын

Why are the internal affairs of China so important to the US anyway? We should be more concerned with our own affairs obviously. China is used as a distraction to AVOID dealing with difficult problems at home.

@k2hsharpe 2 жыл бұрын

the Englishman at the bottom of the screen comes across as a right little cold warmonger. The American top Right seems to have a more balanced viewpoint re the morality and ethics of the two geopolitical adversaries.

@kikolatulipe 2 жыл бұрын

Maybe but you have to admit that it is bad to put people in concentration camp to re-educate them !

@morrisdyer9560 2 жыл бұрын

I totally agree with you. Jack a***es at the helm. China don't ask the Western companies to come to china. The deal was western companies come over here and make money you share technology. Now we hear something else about the deal. China china china. Hegemony master is dying.

@samuelcorp637 2 жыл бұрын

At 21:50 Luke states that if China can’t pay its debt they are screwed. China is now the world’s largest creditor nation. Can you explain who they wouldn’t be able to pay debts to? Also, China appears to be becoming more self-sufficient by the day. And they have oil deals with both Iraq and Iran now. The USA better start securing resources, bringing some manufacturing back home, and our government needs to cut out the ‘communist’/‘stakeholder’ system shifts in which 40% of the country is getting angrier by the day, or we are screwed.

@k2hsharpe 2 жыл бұрын

for way too long now America has used economic sanctions as undeclared acts of war. The $US hegemony and SWIFT have made this possible. But they've over played this particular hand, and nations on the receiving end of these sanctions are scrambling for alternatives to trading in $US. So what happens as nations increasingly trade in currencies other than the $US? Will America find it as easy as it does now to print $US out of nothing? Will it find it as easy to continue to fund its incessant overseas military adventures? Cos if it can't, then it will have shot itself in the foot with its economic sanctions. And the American Empire may stumble.

@kaiki8490 2 жыл бұрын

Checknout this channel fir all the facts The new atlas Brian Berletic

@Shadow1986 2 жыл бұрын

There is a huge amount of internal debt in China. They are at serious risk of a credit crunch

@samuelcorp637 2 жыл бұрын

@@Shadow1986 who owns the debt?

@Shadow1986 2 жыл бұрын

@@samuelcorp637 Chinese citizens, corporations, government

@johnli6782 2 жыл бұрын

This is sickening. The facts of an on coming war is definitely true. But playing the US as the good guy and victim is beyond absurd.

@nutayahoo5000 2 жыл бұрын

Yes, you can see how sick these people are.

@wy3131 2 жыл бұрын

Fortunately there will not be a war unless the US govt starts one. China is not that stupid and has zero interest in wars.

@josephsomers2858 2 жыл бұрын

CHINA had a succession of Invasions from The British, American and Japanese and the prize was "OPIUM" That CHINA survived and has built an economy based on Economics is testimony to a versatile Government who has turn this nation into a self sufficient entity with a power base one might refer to as the PEOPLE where as the Empire of EVIL has used the assets of the people to BUILD a INVADING force.

@TheDirtydingle 2 жыл бұрын

Any card carrying CCPer in the west should be arrested and have all their assets ceised as proceeds of crime (against humanity)

@Birch37 Жыл бұрын

Congratulations! 10 social credit points will be deposited into your account from the CCP Propaganda Department for that comment 👍

@frankyfourfingers1382 2 жыл бұрын

"Capitalism without bankruptcy is like Catholicism without Hell" ... good one, Grant.

@francishuddy9462 2 жыл бұрын

Except that, for a debtor, bankruptcy is heaven compared with the hell of no bankruptcy, perpetual debt, a true perdition, or purgatory ...

@cornelljones7660 2 жыл бұрын

Ageed

@RIZFERD 2 жыл бұрын

Can we speed up? I'd love to see USD, EUR, GBP, etc turn into dust. This Emerald of The Equator Indonesia on world map is too small since Mercator 1569, the real size of Indonesia to compare to Europe is stretching from London to Moscow. and our small Jakarta is 6 times size of Paris, Europe's largest city. The world has been doing dirty to us for too long, no more! Present Education even religions are full of lies. Rise up Real Tiger of Asia, Indonesia (China isn't real tiger of Asia, without us Indonesia, China will be nothing).

@Timesforjacob 2 жыл бұрын

The conflict began when China would not add more USD to her FX Reserve when the widgets China wants to buy from US is declared off limits and there is nothing else US can offer. Trade surpluses with US has never been that high because Taiwanese, Japanese and Korean components embedded in Chinese assembled products are counted as Chinese surpluses. Much as China wants to accommodate when she is cornered she naturally will stand her ground.

@kaiki8490 2 жыл бұрын

For all the facts on what US are doing in china The new atlas Brian Berletic kzfaq.info/get/bejne/iKmEqLdky96oiWg.html

@mc-lb9dk 2 жыл бұрын

ask Assange, snowden manning or Kashoggi about american ways of getting opponents quiet.

@protoplast.youtube 2 жыл бұрын

⁉️Kashoggi?!?-- this was a SAUDI 🩸 murder, NOT of USA, inform yourself before writing really silly stuff 🙄

@mc-lb9dk 2 жыл бұрын

@@protoplast.youtube come on!. Are you serious? like 911? You must be american although your name suggests otherwise

@dinomoon7891 2 жыл бұрын

Daily , weekly investment ➕①➄①➄③④①⑧⑥⑧⑥ A S A P 🤑.

@kaiki8490 2 жыл бұрын

Daniel hale too

@kaiki8490 2 жыл бұрын

Look up The new atlas Brian Berletic No links erade

@ddtking7630 2 жыл бұрын

US dollar is the most over-priced junk in the world today. With nothing to back up the amount of paper they print their funny money on it’s worth nothing, even wallpaper has higher value than USD as at least wallpaper looks much better!

@masseysubra6814 2 жыл бұрын

You put it right brother, they were fooling the world with their worthless dollar, that is why they need a huge military to go and impose the dollar. But countries should revamp their economies and create surplus, but the world bank AKA USA go and give them debt dollar and bribe all the cronies. We need patriotism LENDING money must stop. I do not have any debt, how did I do it in Debt ridden country called CANADA? 45% of Canadians do not have any debt.

@kaiki8490 2 жыл бұрын

Look up The new atlas Brian Berletic

@cosmothewonderdog8602 2 жыл бұрын

Brilliant discussion. Should be a must-watch for our policy makers and anyone looking to hedge the future in order to protect themselves from the inevitable collapse of the current world order.

@msmarialr 2 жыл бұрын

Wonderful conversation. What a great couple of thinkers! So inspiring. Thanks for the interview!

@alliesteamc3546 2 жыл бұрын

What if US simply focus on US domestic issues rather than interfere with other countries internal affairs especially when US military is causing the problem.

@cosmothewonderdog8602 2 жыл бұрын

But then how would the defense contributors, I mean contractors, stay rich?

@kaiki8490 2 жыл бұрын

Wmd lies in iraq, now china kzfaq.info/get/bejne/Zpumn9h3p8rYomw.html

@nutayahoo5000 2 жыл бұрын

That's a crazy idea as the US existence depends on robbing and looting others.

@selassietetevie4966 2 жыл бұрын

@@cosmothewonderdog8602 not only that, how will American corporations keep its raw material supplying "colonies " in check,when competitors are willing to pay better prices and fairer trade conditions

@jamesbarr2357 2 жыл бұрын

Wonderful conversation. Love Grant and Luke. Grant is so right about Kaplan and Rosenberg. As George Carlin said, "it's one big club and you ain't in it."

@ajprasad6865 2 жыл бұрын

One of the best interviews I have seen in a minute

@kingcustomroyale2827 2 жыл бұрын

I can tolerate this interview only until the Grant guy starts flapping his bullcrap-spilling- mouth.

@jackgoldman1 2 жыл бұрын

Two of the best. Thanks for a great interview. Great job.

@Avicena-tf5uj 2 жыл бұрын

Luke Gromen, appreciate the clarity of thought

@erickeane4560 2 жыл бұрын

Just discovered this podcast. What a wonderful channel! Keep up the excellent work.

@papabear90 2 жыл бұрын

Let's get one thing straight here. The US and the west are not the good guys in this ordeal.

@Liam-qf5cj 2 жыл бұрын

Amazing interview and guests. Thank-you!!

@hume1234561 2 жыл бұрын

Luke and Grant are the very best at in depth analysis of the financial system and the geopolitical currents it's enmeshed in. A must watch interview.

@ritaclyong3837 2 жыл бұрын

The West's response to and demonisation of China's rise as an economic giant is bordering on hysteria. Knowing Chinese pysche and traditions I opine that China is only interested in lifting its populace out of poverty and promoting national pride no thanks to its bitter experience of the "century of humiliation'. China unlike America has always preferred peaceful ways of spreading its influence and settling foreign disputes notwithstanding a fierce desire to protect its territories. The world would be a better place if the English speaking bloc quit its confrontational stance thereby pushing China into the arms of other anti American countries such as Iran.

@jameskptan 2 жыл бұрын

These two guests know what they are talking about. But unfortunately they still believe there is "genocide" happening. I can't believe that despite such intelligent minds, they are still being fooled by the fabricated stories.

@kaiki8490 2 жыл бұрын

Look up The new atlas Brian Berletic I post with link but autoerase

@kamsingchoo4332 2 жыл бұрын

@@jameskptan It's bizzare how such intelligentt minds can have inexplicable twisted psyche! Therefore, it boils down to wisdom-deficit amid knowledge, resulting in , "there's none so blind as those who cannot or would not see" ,, or "they look without seeing and listen without hearing!" We can bet these guys hardly do any verification of the facts, and rely on warped stuff or lies from that 'adrian zenz' who is supposed to be a man of God !! That adrian is as zenze as he could tell a Truth ! But, yet we can have guys who can shine in knowledge, but filth in sewage! It's pathetic,,, rather a waste of precious human resources-- 'intellects' who refused to see the plank at the tip of their nose ! Anyway, just cannot bear to finish viewing their inaccurate or misleading or unverified information...rather annoying in that respect ! If they want respect or recognition, they need to tread the path of Truth, not biasness and prejudice and lies !! ""Thou should not Lie, Cheat or Steal !!!""

@mmmm7433 2 жыл бұрын

Worst country ever

@sikkigoh 2 жыл бұрын

Suggestion. Listen to Prof. Michael Hudson talks.

@catrojana3694 2 жыл бұрын

😂😂😂 Hudson is real deal. These dudes are clowns.🤡🤡🤡

@kaiki8490 2 жыл бұрын

Have you sseen this channel The new atlas Brian Berletic

@pd7009 2 жыл бұрын

Glad i found this channel!

@oneeleven9832 2 жыл бұрын

Wow top work getting these two titans on 👏👏👏

@dinomoon7891 2 жыл бұрын

Daily , weekly investment ➕①➄①➄③④①⑧⑥⑧⑥ A S A P 🤑.

@burnercan 2 жыл бұрын

Excellent content, as usual. Thank you!

@dinomoon7891 2 жыл бұрын

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@FINXRP 2 жыл бұрын

Great work Michael!

@dinomoon7891 2 жыл бұрын

Daily , weekly investment ➕①➄①➄③④①⑧⑥⑧⑥ A S A P 🤑.

@MyNameIsINTERSTITIAL 2 жыл бұрын

So informative ..... thank you all !! 🤩

@yongzeehow2045 2 жыл бұрын

In 2015, Greenbacks circulation in the markets is at high of 90% ,in 2020 the Greenbacks in circulation had drop to a level of 49% .

@Wyatt333 2 жыл бұрын

Great job and great guests. Thank you Michael.

@dinomoon7891 2 жыл бұрын

Daily , weekly investment ➕①➄①➄③④①⑧⑥⑧⑥ A S A P 🤑.

@sheevamatimbas4300 2 жыл бұрын

Love Grant & Luke, gives the Macro picture as it is, no arrogance

@kevinklimczak1389 2 жыл бұрын

What a fantastic and well-spoken interview. Bravo. 👏

@toms641 2 жыл бұрын

Re Grant Williams and valuations in the early 1980s I remember selling tax exempt Muni bonds to a retail customer in 1982. It was a Aaa rated PHA, maybe 3.00% issued in the 1960s. The customer bought it at maybe .40 - .50. He quipped "I'm going to be the first guy to ever make money on this thing" That's what the 1970s did to financial assets.

@ronh1850 2 жыл бұрын

Amazing episode! These two are absolutely brilliant, and the way they break it down for the laymen to understand is so appreciated. Great questions and contributions by the host, as well. As was said by Grant, the time of financial assets is nearing an end. It would be wise to transfer a portion of our wealth into hard assets and prepare for what is inevitably coming. The FOMO prior to the crash will be hard to resist. It could be a dark winter, depending on how long they can keep kicking this can.

@alfredepding974 2 жыл бұрын

I could not agree more Ron H.

@dinomoon7891 2 жыл бұрын

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@JB-ye9iz 2 жыл бұрын

Blockworks is the best. You are one of the best interviewers around. Keep up the great work.

@dinomoon7891 2 жыл бұрын

Daily , weekly investment ➕①➄①➄③④①⑧⑥⑧⑥ A S A P 🤑,.

@kenny3657 2 жыл бұрын

great video , thanks.

@dinomoon7891 2 жыл бұрын

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@swampassgaming3526 2 жыл бұрын

Fascinating discussion.

@danielgerschermann 2 жыл бұрын

Love ur work! Would love it even more to hear about ripple net, Xrp and the new financial system!! David schwartz or brad garlinghouse would be exceptional guests ❤️🙏🏼😃

@dinomoon7891 2 жыл бұрын

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@davidfrankel9267 2 жыл бұрын

Such a nice quiet way to talk about alarming events by intelligent people. Please keep it up. Very refreshing on topics that get very hyped up.

@benjaminyebuga794 2 жыл бұрын

Great interview Mike!

@dinomoon7891 2 жыл бұрын

Daily , weekly investment ➕①➄①➄③④①⑧⑥⑧⑥ A S A P 🤑.

@journalofstitchery9584 Жыл бұрын

Thank you

@kevinkevan2403 2 жыл бұрын

Excellent!

@robertmcmanus8465 2 жыл бұрын

Two of the best

@KK-pm7ud 2 жыл бұрын

I'm looking for a podcast episode where Grant Williams talks about sports investing. Does anyone know where to find it?

@fragranthills Жыл бұрын

Relevant one year later. Thank you.

@nicholasstabile445 2 жыл бұрын

Awesome inverview. Both Gems.

@dinomoon7891 2 жыл бұрын

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@davidfield4432 2 жыл бұрын

Love your work Michael. 👍👍👌

@dinomoon7891 2 жыл бұрын

Daily , weekly investment ➕①➄①➄③④①⑧⑥⑧⑥ A S A P 🤑..

@genegrindle8859 2 жыл бұрын

Two of my favorite thinkers

@noahlockwood9766 2 жыл бұрын

How did we get from Peer-to-Peer electronic payment system (Satoshi white paper) to digital gold, store of value? Something is very wrong.

@nr249 2 жыл бұрын

Great work Michael

@luciaconk 2 жыл бұрын

Incredible. Awesome. Amazing. The Best. Wow. Thank you.

@dinomoon7891 2 жыл бұрын

Daily , weekly investment ➕①➄①➄③④①⑧⑥⑧⑥ A S A P 🤑..

@CarpsterKing 2 жыл бұрын

When a big bully meet its adversary who is as strong as he is... the big bully feels threatened...

@HciR525 2 жыл бұрын

Michael, you are not alone. I get this feeling watching the news every couple months. The country is falling apart/changing and we are living through it. Society is very different just if you look at 10 years ago. It is scary.

@ellengran6814 2 жыл бұрын

Arthashastra, a book about governance written ca 2600 years ago, say: Justice and ethich are the pillars of governance.

@dinomoon7891 2 жыл бұрын

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@Aengrod 2 жыл бұрын

That book is pile of rubbish.

@tusam3643 2 жыл бұрын

Luke is the man!

@dinomoon7891 2 жыл бұрын

Daily , weekly investment ➕①➄①➄③④①⑧⑥⑧⑥ A S A P 🤑..

@stephenodey5147 2 жыл бұрын

Excellent 🤗

@cjfinance3829 2 жыл бұрын

Interesting. Little thought here: Can a government buy Oil with bitcoin? Or can he used Gold instead? Answering this question is the only way to chose between the 2 assets.

@dlukton 2 жыл бұрын

I've listened to many, many Luke Gromen interviews, and I've gained new insights each time.

@dinomoon7891 2 жыл бұрын

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@totalyfakenews 2 жыл бұрын

Gold vs bitcoin ? Do you think the future of commerce is person to person or digital?

@FortressFortification 2 жыл бұрын

Heavy hitters!

@vt3729 2 жыл бұрын

sad that this interview does not get more views

@KiwiMC99 2 жыл бұрын

That was a really good interview, great content

@dinomoon7891 2 жыл бұрын

Daily , weekly investment ➕①➄①➄③④①⑧⑥⑧⑥ A S A P 🤑.

@Gunni1972 2 жыл бұрын

Who is that Hedgemon you talketh about?

@kenfelix8703 2 жыл бұрын

I really thought I was going to hear something with out biases but you let me down!

@sweenie58 2 жыл бұрын

Interesting, when Luke said that the US needed to let Gold go it made me think of the movie Chronicles of Riddick where the Shapeshifting bad leader had to decide between two bad choices. No way to win?

@kaiki8490 2 жыл бұрын

Look up this channel for why and how we go to war The new atlas Brian Berletic

@amarreta 2 жыл бұрын

Simply 🤯

@dinomoon7891 2 жыл бұрын

Daily , weekly investment ➕①➄①➄③④①⑧⑥⑧⑥ A S A P 🤑.

@alliesteamc3546 2 жыл бұрын

What does it mean to let gold go? Thanks! I

@l.a.mottern3106 Жыл бұрын

Chair Powell himself said in a Q & A a few years back that the the US can handle more than one Reserve currency in the world. Why did everybody forget what he said? That told me that there was a plan already gamed out with the Dollar NOT being the only reserve currency.

@german5333 2 жыл бұрын

BunsCake starts pre-sale. I took my place 🤑🚀

@joeboucher6911 2 жыл бұрын

I can smell the the rot from where I am sitting.

@patrick_roberts 2 жыл бұрын

*3 Golden rules of investing* 1. Do not invest in something that you do not understand. 2. Invest if you can afford to lose. 3. Don't put all your eggs in one basket.

@jonathanenglish7084 2 жыл бұрын

China: Virtual money isn't real money. Me: Looking at my money in the bank that is basically just virtual money: uh oh...

@ellenthompson803 2 жыл бұрын

Invest in bitcoin, gold, silver, the forex market, buy stock, anything just invest!!

@troy817 2 жыл бұрын

@@ellenthompson803 Honestly I tell this to my friends everyday. It's good to save money but you gotta have that investing spirit if you really want financial freedom.

@mikewilliams8352 2 жыл бұрын

@@ellenthompson803 But what if you don't know how to trade any of these? I mean I see your point. Some people have the money and are willing to invest. But the problem is where to.

@warikoo7118 2 жыл бұрын

@@mikewilliams8352 Lady, this is 2021!! People who aren't even traders still make money from crypto and forex markets.

@sivi9741 2 жыл бұрын

Christmas as arrive !

@dinomoon7891 2 жыл бұрын

Daily , weekly investment ➕①➄①➄③④①⑧⑥⑧⑥ A S A P 🤑..

@Eudamonia-123 2 жыл бұрын

Great content. Need camera clarity from interviewers camera.

@dinomoon7891 2 жыл бұрын

Daily , weekly investment ➕①➄①➄③④①⑧⑥⑧⑥ A S A P 🤑.

@dogehold6974 2 жыл бұрын

BunsCake announced that it will pre-sale... 👍🚀

@dinomoon7891 2 жыл бұрын

Daily , weekly investment ➕①➄①➄③④①⑧⑥⑧⑥ A S A P 🤑..

@adouadoujosmit5221 2 жыл бұрын

wow that’s so much true i feel it on my bonne what you just said holy moly of God

@detectiveofmoneypolitics 2 жыл бұрын

Still watching Frank G Melbourne Australia 🇦🇺

@taykokhuat 2 жыл бұрын

Hard working Chinese vs couch potatoes. Who will win in the end. Justice always prevail in the end

@suratpongpipatpanich5627 2 жыл бұрын

Many people around the world are curious to know when the end of this end game comes in reality.

@tvaddict135 2 жыл бұрын

When US and it’s allies put too much pressure on China that China will require all it’s trading partners to use it’s digital currency. As a result, US currency will not be a dominate player anymore and US will become insignificant; the end of US empire.

@kennyblobbin 2 жыл бұрын

We’re all in the same boat, fishin in the same hole…wondering where the same time goes and money too. Zac Brown Band.

@dinomoon7891 2 жыл бұрын

Daily , weekly investment ➕①➄①➄③④①⑧⑥⑧⑥ A S A P 🤑..

@kathri1006 2 жыл бұрын

Why do you need a reference currency. Why not let the market decide on the basic principles what value is assigned to currencies

@overengineer7691 2 жыл бұрын

That aged surprisingly well, except for the fact that Bitcoin and Gold both flopped

@DivinorumStudios 2 жыл бұрын

I think we’re looking at a crackup boom

@dinomoon7891 2 жыл бұрын

Daily , weekly investment ➕①➄①➄③④①⑧⑥⑧⑥ A S A P 🤑..

@JasonOhler 2 жыл бұрын

Everything they say makes sense. What they don't help with is advising us what to do about it. Is that because there is nothing we can do about it? Do we go to cash, even though it will be devalued, so we can buy the dip? Do we buy gold and silver? We do buy crypto?

@ForwardGuidance 2 жыл бұрын

Michael, thanks so much for recommending this video: "Charlie Rose: Sir James Goldsmith Interview - 15.11.94" It kind of ticks me off though, his warning us very strong, yet he lost, the elites cared more about enriching themselves than their own citizens.

@ForwardGuidance 2 жыл бұрын

What's amazing is that the right and the left have way more in common than they realize. Their fixes to it all, mainly income inequality, are different so that's the fight among them. I see the left as wanting government to just "give" people all that they want, health care, education, and even money (UBI) whereas the right wants the jobs back so they can work to pay for all that they want. I like the right's fix more than the left, because if the left gets their way, the gov't will own the people. If the right gets their way, the gov't could force businesses to care for their employees (maybe pro union govt, for example)... people would be free to move among companies so neither business or gov't owns the people.

@dinomoon7891 2 жыл бұрын

Daily , weekly investment ➕①➄①➄③④①⑧⑥⑧⑥ A S A P 🤑..

@alexlazar4738 2 жыл бұрын

strangely intelligent but obscure set up

@chongyeeyap9586 2 жыл бұрын

The world will have to choose; US$ or the e-cny(e-yuan).

@ramontiscar9194 2 жыл бұрын

Two of the greatest experts on analizing history and future economy. Diversified in monetary metals, crypto, commodities in general and miners is the place to be (protected)

@journalofstitchery9584 Жыл бұрын

In 1970 the building trade union were screaming about the lost of US manufacturing. We built the manufacturing plant. For decades we screamed BUY American my whole career. Now you cannot find things made in America. In America we pay our people not to work; so why should they go to work. Low paid workers without insurance need medical. There is a trench (low pay with little to no benefits) in the climb to better jobs. Many large employers are not paying benefits and taxes for immigrant employees, and the immigrants are just trying to survive. My union gave me mandatory 4 years of apprenticeship education and years journeymen classes to increase my knowledge and skills. In America we need 2 years of free trade schooling or free 2 years of college.

@stevemace1725 2 жыл бұрын

Lucidity's trap 6 out of 7 times resulted in war?

@MrMatisse22 2 жыл бұрын

Add superlatives after the colon:

@tonyandersson5256 2 жыл бұрын

It is US mistake to constantly push, poke and sanction Rusia, that make Russia/China colaboration stronger.

@waynezw 2 жыл бұрын

Both China and Russia are smart enough to know who they would like to trust. What's happening today is because US has lost its credibility in many countries due to its foreign policies in the last 30+ years. With more educated populations in the world, they are able to make their judgement on who are their friends. Years ago, many young people in China considered US the lighthouse of the world. After so many events in the US and actions/wars started by the US, they question the true intentions of the US and call the US the "lighthouse" with a subtle smile.

@you0rsp1 2 жыл бұрын

Heavyweight chat you brought us here Mike. So many angles and levels of thought and understanding. Thanks man.

@mosbest 2 жыл бұрын

Kingdom rise .. Kingdom fall, all normal and will be part of history ..

@jackgoldman1 2 жыл бұрын

Wealth inequality from too much debt expanding the gap. Since 1971, US Debt up 72.5x, real estate, stocks, bonds, health care, education, up 34x, labor up 12x, all due to inflation, debasement, planned and implemented. Minimum wage in 1966 was one ounce of silver at $1.25. In 2021, minimum wage is $15 per hour, one HALF an ounce, down over 50%. Wages are suppressed for forty years. This is the traditional typical outcome of inflation until it breaks in WAR. Prepare yourself and protect yourself.

@kaiki8490 2 жыл бұрын

In 1984, unearned income exceeded earned income Since 1984, US generated more profits from financial transactions then production. That means profits are made by moving money around on the stock market, or share buybacks. Not by making and selling stuff. Blaming japan at that time and china today does not solve our problems. Every minute we focus on china is a minute we are not focus on the rot in our own system

@kaiki8490 2 жыл бұрын

This channel explains how we are manufacturing consent for war against china The new atlas Brian Berletic

@kaiki8490 2 жыл бұрын

Here are some vids of the people we want to bomb Wei s shanghai bund kzfaq.info/get/bejne/fa6Gf5OjqsjaZp8.html Walk East capital of poorest province in china kzfaq.info/get/bejne/bbejjbmcnafRj3k.html

@jackgoldman1 2 жыл бұрын

@@kaiki8490 We are. not creating wealth, we are transferring wealth. That is how rich people get rich, not by doing labor. Poor people labor. Rich people cut deals. Very interesting.

@cbpuzzle 2 жыл бұрын

Everyone must now be a market timer and ETF picker with their retirement. Rolling asset bubbles and high inflation to erode Gov't debt propping up weak businesses. Go America.

@morrisdyer9560 2 жыл бұрын

Damn fools always think that he's correct. Greed is what got us here. We murdered 800000 people in the world. We are down for the count. We are corrupt. I've experience it first hand and greed rules.

@kaiki8490 2 жыл бұрын

Agree. The military industrial complex rulrs america. Loook up this channnel The new atlas Brian Berletic