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Crazy to think that if society understood what he is saying on this video, we would actually have a chance to hold people accountable for their actions and maybe change this messed up world.
You know what's so funny is that the same folks who think like you also think that it's a Uniparty in Washington. Riddle me that one Batman, how does that work?
But the USD is strong right now… Yes… relative to other fiat currency like EUR and GBP which are down even more! 😂 I work in finance and I find it difficult to do my job… it’s just a massive crock of bs 😢 the inside of the big bank I work for is more political than business… this is all just about gaming the plebs in to pouring their life energy into the reenforcement of a fugazi social structure… the slaves don’t even realize they’re slaves 😢
The reason for the dissatisfaction of most is because they are watching their local neighborhoods fall into disrepair while the political class drain the wealth from the nation, leaving the public with massive debt in a worthless fiat currency. It is truly bleak when you have so much nothing.
Book called Death of the Middleclass. The ones that expose the elites. “You'll Retire at 90 and be HAPPY” - Blackrock CEO Larry Fink https //ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-GPLfWpBnaVU.htmlsi=cp263bqFphu7OuLL
If there’s another civil war it won’t be against each other. It will be against the people who got us into this situation. We may not have gold to preserve the little “wealth “ that we have but we have our labor and skills and we can work and trade amongst ourselves and still eat.
I remember one commentator during the 2020 election worrying that if Trump won he'd be walking into a catastrophic financial crisis (think Great Depression type crisis). Has that happened? No. There appears to be no limit to how far our politicians can kick the can down the road. But predicting a catastrophic financial crisis is a good career move. Most people don't want to be so downbeat. So when a catastrophic financial crisis does eventually occur, you look like a genius because you were one of the few voices predicting that.
He's right. But the extent of unrest remians to be seen. There is a disconnect in Washington - the DC area is a bubble that is out of touch with less fortunate areas of the US.
@@passiveactionIn other words since the U.S. values the individual over community and social values and connectedness, no one cares enough about what happens to individuals. You're on your own .
@@Chuck68ify If everyone's life was totally up to them, then why does any country bother to have any kind of a social safety net for it's citizens? Do you think elderly and disabled people starving in the streets is a good idea? How about children do you think they should be just left to survive on their own devices if their parents aren't around or capable of taking care of them?
@@passiveactionCorrect. Everyone here believes they live on their own island. People wont realize they are in trouble until the financial system fails and they lose all of their money
"Walking uphill on roller skates" is such a good metaphor; Pipenburg always has the best metaphors. Another good one: " Can't have a Ferrari appetite on a McDonald's salary" for living within ones means. He's brilliant, but he has a hard life. Most interviews he's sitting in a hotel room!!
Well he's been peddling gold for years. But he's wrong in his hair on fire attempt the be politically equal. SenileoelJoeBribem and thedemcorats have been unnecessarily and unprecedentedly deficit spending 6 to 10% of GDP since the minute he took office,... and getting 1 to 2% GDP growth,.. giving us 9 to 4% structural inflation. Demcoratseven say,.. "hey the economy is great,.." If it'ssophecking great,.. why are you stealing from tax payers and deficit spending $2 to $3 trillion each year,... in 2021, 22, 23, 24,.. years after the pandemic is over adding another $8 trillion to the debt,.. and causing this destruction of the dollar?
Our debt problem is not so much a debt problem as it is an integrity problem. The legislative branch has been deficient in their duty to eaise revenue in order to pay for the legislation they they pass. The debt is caused by irresponsible behavior in the financial system. No one is held accountable.
Strange that your chart didn't show the increase in the markets for Biden which is way up. So, what's your point? The bottom line is that both candidates are the worst candidates we have ever had, What is wrong with America is the two-party system.
Debasement means that there is silver and gold and nickel in our currencies there is none of that so you have to reuse the word the word means base metals there is no base metals in our current currency
There has always be a company saying they will protect personal information. Yet it's still done. This could be another lie. Rapidly changing our country will cause all to rebell against the system. Ya'll are doing to much with too many bad choices going forward. 😢
I like how Matthew speaks plainly and directly; excellent discussion gentlemen. I wish more people would listen to this one; he certainly sees what is coming--"faster than expected" 🤔
The politicians don’t have enough integrity to start cutting the budget and eliminating the huge deficit. Government spending must be drastically reduced. Whole federal departments must be abolished. Basically they have to create a jobs depression in government in order to keep the economy going.
I hear you say AMERICA, AMERICANS!! As the name of our country?..WRONG! America happens to be the name of our CONTINENT! The name of our country is United States. We are Americans because our country happens to be in the American continent. America has 35 sovereign nations and over one billion people. We are Unitedstadians and our country does not speak for the rest of the 34 other countries in America, the Continent!! Precedence? There are many American countries that are over one hundred years older than the USA and we do not own this continent. With over 800 military bases around the world, not many want to disagree with US. The Europeans, Russians, Africans and Asians call us Americans because we tell them that we, the UNITEDSTADIANS are "Americans" We want to ignore the truth, to ourselves and to the world... but we do not speak for the interests of all Americans. Argentina, Brazil, Canada, Cuba, Haiti and many more are also American! How would the rest of Europeans respond if the French would claim themselves as being the ONLY EUROPEANS? I love my country where I grew up and live, USA. But if we want to be respected while we are not holding a whip, then stop our name ignorance. Latin Americans refer to us as 'Unitedstadians'... l agree with that!
Exactly...And a president does not make the stock market go up more, nor does he control GDP. GDP growth charts by either party are basically the same.
Great comments by Mathew,he see's things the way they unfold in a realistic world & supports many assets that are historically dependable & reliable in many respects.😅😊
What you're saying is NOT accurate. It undercuts your own argument when you don't have your facts straight. Here's a report from CNN: HEADLINE: Biden increases tariffs on $18 billion in Chinese imports in a new warning to Beijing TEXT: "President Joe Biden is increasing tariffs on $18 billion in Chinese imports across a handful of sectors deemed strategic to national security - an attempt to cripple Beijing’s development of critical technologies and instead prioritize US production. The increases will apply to imported steel and aluminum, legacy semiconductors, electric vehicles, battery components, critical minerals, solar cells, cranes and medical products. The new tariff rates - which range from 100% on electric vehicles, to 50% for solar components, to 25% for all other sectors - will take place over the next two years."
The U.S. population simply does not understand where and how they have been so screwed..It’s getting depressing. I have about $700k in emergency fund and I have been seeing good news about the stock market and would like to gain from that since I can’t let my savings be corroded by inflation. What stocks should I invest into as a newbie to safely grow my money.
In my opinion, now is not the moment to rely on hearsay. Every individual, regardless of their level of experience as an investor OR in a financial market, requires guidance at some stage.
That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with please?
Iynne Marie Stella has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
It's the urgency of paying the bills right now, that cripples congress of thinking long term. Deficit spending, is predicated upon raising the debt ceiling, which ultimately puts the Fed in a position of printing more money to monetize that debt. That's why the prognostics are in favor of higher inflation, and possibly hyperinflation.
More even distribution of ethnic groups and the shrinking White majority is creating polarization. Why? Because the inherent power trapped in the White majority is being redistributed and the other groups are fighting over that power. The truth is sometimes not pretty. Hey, at least we had cheap labor and propped up the real estate market.
How can a service like 'delete me' remove your data when the state DMV, Secretary of State (voter rolls) and tax authorities SELL your information? They are very open about their data sales in California. How an you verify you've been removed from data broker sites, without paying the broker for the list(s) you are on? I don't get it.
I'm sorry, but Idk why people feel the need to overcompensate when apologizing or clarifying that they aren't trying to be "biased" or choosing a side. I'm trying to pay attention to the facts and content, but I'm 10 minutes in and this guy has said like 15 times "i'm not trying to upset anyone!" "i'm not trying to support one side!". Like dude, I get it, relax... I see this way too much with people trying to convince how impartial they are. Politics are a major part of economics, accept them both.
Good point on the 30 minutes short term thinking. Companies are even worse in this regard. They only care about line go up. Look at what it did to Boeing.
Thanks David. Can we please get a couple of guests on that have an alternative view to the doom and gloom. Investors have no problem buying more and more debt so why is there a current debt crisis. Yields are falling and inflation has moved back towards target. The rate cut cycle is about to kick off and whilst there has been some pain in the real economy via inflation, unemployment hasn’t deteriorated significantly and the rotation is now on in the Stockmarket as investors position for the next growth cycle…it’s hard to ignore what is actually occurring..
I accept distress in money system but it is not global. There are many countries that have FIAT systems and issue and withdrawal them responsibly. Inflation is issuing excess paper money compare to the nation's increased production. There is no inflation if the money issued matches increased productivity (literally vice versa for deflation) . Macro Economy 101 and by stretch 102.
Piepenburg has drank the cool aid. The MAGA movement exhibits key cult characteristics: a charismatic leader, a distinct ideology that often diverges sharply from mainstream or factual understandings, and an intense communal loyalty that rejects external criticism.
Our situation reminds me of the French before the Revolution. Out of control debt 50% of there taxes went to paying the interest on the debt Never ending military engagements. King Louie stealing power from the clergy and the noble class. Taxation on everything, inflation out of control from printing/coining money. Revolution is coming for us.
You can't run a world economy on precious metals alone. You can't run a countries' economy on precious metals alone. Gold is on the stock market exchange, and if you go on the stock market,, inflation is usually priced in. You could cut everything right now and in about 4 years time, we'd be up and running again, because some states run balanced budgets, (+1 if you live in one). If there's a crash, it all happens just the same, it just takes longer to recover. It's not crazy to petition for a controlled demolition. I feel that the people on the opposite side of my veil would have a difficult time coping with any changes for any duration of time. GDP is not government, never has been.
I just came back from Hong-Kong and China and most of south east Asia and I don't see any social unrest anywhere. Maybe it's is so in the west, but the current situation over there does not represent everyone globally.
Nice bed / hotel room. Dubai or UAE location? He's correct. Basel 3 went into effect on 1.1.2023 and made gold a Tier 1 asset. People are inherently tribal. Ignore that aspect of human nature at your own peril.
You really don't understand Gold check the price of Gold for the past 5 years to today Price has doubled. But the dollars in your bank are the same 😂😂😂😂
@@rogerburn5132 You really don't understand Dollars are a medium of exchange. No one stuff then under their mattress. They buy real estate, stocks and in the last few years MM, Treasuries. Gold is a store of value,. you have to transport it, store it,.. it pays no interest or dividends,.. and it's certainly NOT a medium of exchange like someone above said.
@@rogerburn5132no what I don't understand is how I can make more of something in the very thing I'm spending. Gold doesn't produce anything so how does it illicit more money?
