The Impending Economic Meltdown w/Investor Legend Jim Rogers, Alexander Mercouris & Glenn Diesen 

@13:39 Jim drinking from the Holy Grail or what is going on?? 😂

the laws of economy dont change...you can build up a debt ,but one day you have to pay back ,i see huge sums of loaned money thrown away in wars..that money is gone and if wars are lost there is no return.....no loot....that is waiting...

Fully agree. The Soviet victory on the Eastern Front was actually when Germany lost WWII. Arguably, the rest of the West from thereon were the mopping-up operation.

The USSR fought the Germans to victory, however the United States supplied the USSR that they could do so. The Russians don't get the credit they deserve in the West for the victory, but that isn't to say that victory would have come without the Allies working together.

All the Communists were Jews.

I believe Mr. Rogers said “ they like to say they won”. Did I misunderstand that? Totally agree regarding The former USSR.

@@willismcgee5216 Agreed about certain technology transfers from the US to the USSR, but it is without a doubt the blood of an estimated 12 million or more Russian men who died doing this. They could, and should be remembered and venerated for what they gave up. Of course, millions of German men also lost their lives in this incident. The 1970 Italian film Sunflower [I Girasoli] is a poignant dramatic record of the lives of Italian men who were also dragged off to the eastern front.

Not all the rich are the problem, it’s the rich who didn’t earn it who destroy everyone and everything around them.

But such pattern of society is pretty explosive! We will see soon !

Since the beginning of time.

The gap between rich and poor is growing totally out of control. We have a Prime Minister who is richer than the King. When were there merchants richer than kings? How did it turn out?

The stark reality of the ugly truth has a unique beauty all its own.

That is the meltdown that Jim was referring to

​@@EastWest-yr2xyDon't think so. He was claiming the good times are now and the bad times will come. He's living in a rich man's bubble. Of course things will get worse, but things are pretty bad already for the average person in Europe and US

Let them eat cake

Guess it's time to short.

It will be the poor who will pay for the elite's folly, as always! 😡😈

All my friends in California have either left or are planning to leave before the end of 2024.

At least the non-woke Americans are smelling the coffee.. Forget about wokes and pretentious brits who still live in msm's la la land.

UK is the same

Would you agree with me that the whole Western world is staring at a Dark Age. They talk about the Bronze Age collapse as a collapse of Systems. Where multiple crisis's hit at once. All these people who say F America what kind of world do they think they will get if America collapses and if they can survive that.

I lived there ...was in the bay area ...oakland and richmond....but know that whole area....from sf to berkeley from el cerrito to alameda...you are right...gavin newsom and crew offering billions in bonds for loans that are benefiting their buddies who get thr contracts while leaving the burden on the the masses...1.6 trilliom dollar debt for the state while the rich make trillions ...they offer all these smokescreen projects like proposition 1 that take billions in loans while offering FALSE SOLUTIONS THAT SOLVE BO ROOT ISSUES! Like a corrupt pharma industry that NEEDS SICK PEOPLE for more money while claiming to HEAL....ITS an inverted system....homelessness and addiction absolutely out of control...give the addicts housing that costs 1 million per unita and build 4000 units form "friends to make money" and your hidden personal gain while letting the CAUSE of homelessness keep burning out of control at root which is a LACK OF REAL CARE and that needs to STOP ADDICTION...the biggest addicts are the elites (rich businesses.getting contracts politicians giving contracts, bureaucrats lawyers covering and signing off of deals etc)...elites that PARASITE of their own people in the name of help that use their tenors to legitimately steal for themselves rhen leave and say "im not responsible" and pass the growing buck ....american masses themselves have become a microcosm of their elites due to brainwashing and the toxic environment they have been reared in...the internal substance of america has been sucked out by the "vampires" leaving just a beautiful looking SHELL thats in impending HELL unfolding before our eyes..a zombie plague. The condition is not a problem of yesterday...but has been growing since post world war 2 imo....anyone that wants REAL PROGRESS is silenced. ..only the parasitical ponsy scheme called "US PROGRESS" that sucks out the life of the feet and body of the society in the name of LEFT OR RIGHT PROGRESS to steal and destroy only ro amass unsustainable and unstable power at the top that is destined to itself fall into the base and body it stole from at the bottom. "From the ashes..." Like you say....i lived in the midwest for 10 years as well and traversed the nation...

... and looks splendid !

👔🎩

About time, the tie not essential. Sloppy T shirt merch selling is a lazy excuse.

Needs a Duran logo on it.

With a flag

It won't be

They never learn. Especially we Americans.

They made fools out of the population.

No, the plan is to Balkanise Russia, there is no time line. The plan is for war with Iran. And then we have The Finks Bar Diatribe, everything is planned for, digital ID, digital currency, endless wars, New world order, one world bank, it's all planned for.

​@@terencem723among the very first things Putin did after Yeltsin brought him on fated 31.12.1999 was make oligarchy and businesses conglomerates disciplined, answerable and decoupled it's influence and pressure from politics. I remember the video where a CEO shakes as Putin asks him to come over and sign where he hadn't, and return his pen. Businesses operate IN a country. In the west, Big pharma, fmcg, big tech OPERATE the country.

He's been talking about a financial meltdown for forever!

I had a lot of financial crisis then, I can recall when I was homeless and faced with many things in life until $55,000 biweekly began rolling in and my Life went from A homeless nobody to a different person with good things to offer.

Wow, that is huge, how do you earn that much weekly? I am 37 years old and have been looking for ways to be successful, please how??

@@marcosvg90Maria Angelina Alexander I really appreciate her efforts and transparency.

Giving her my initial savings of $11,500 to invest in a brokerage account was a turning point in my life less 7days. It's been an incredibly rewarding experience.

After I raised up to $360k trading with her l now own a House and a car here in the states. Myself and my family we are extremely happy..❤

He is really top journalist he is he never tell lise as other journalists are doing all journalists have been exposed since iqra war

Well said.

Agreed. A man of his time, and, arguably, a man now out of time.

Says the broke person on the internet

Yes, the US had an enormous economic tailwind from 1945 to 1970, maybe even 1975.

Don't we all have our prisms? I say this as a citizen of BRICS.

Starmer too

I have never observed so many idiots in governments around the collective west.

University education in the banking, finance, and economics fields is very poor. For example, there is little or no education regarding the Eurodollar system, yet this is still the axis of global finance and has been so since Former President Nixon 'suspended' the ability to convert USD into gold in 1971 - The Petrodollar. Does Mr Rogers know about this and its intricate history, and if so, where and how did he learn about it? BOJO, and perhaps even Cameron, are likely clueless, so how can they be expected to effectively run an economy that is, essentially, based on international finance? I note that Theresa May was a former Banker, but she had more political experience than banking, while her opponent at the time, Andrea Ledbeater, was more experienced with banking.

@@dickiescratcher 100%

It is a death spiral. Corrupt leaders want stupid ignorant(do not confuse being educated with being knowledgeable) population, that is easy to control. But then this population is one that produces next generation of leaders. And so you get dumber and dumber leaders, that create dumber and dumber population, that creates dumber and dumber leaders.... Age of excellence ended long time ago. We are living in age of narcissism, ignorance and entitlement.

Hahaha exactly

i caught that too xD

@@SuperMaxiiiiii - he never said he wasn't rich

Automatically goes on the defensive ... well done Alexander for bringing him back to earth!

@@just_golds And owns portfolios of gold and silver, currency and stocks and shares like every ordinary Joe! 😂 My heart bleeds for him with his predicament

Depends how you are distributing victory.

I agree and I think , FDR who I believe saw its involvement in the latter part of ww2 as protecting its investment? Churchill kept going back & forth to america pestering FDR to get involved ..FDR according to the historian M hastings said "BUT you still owe us from the 1st Ww" .. All the while britain was sending Duff military equipment to Russia as supposed support!! Britain's "ALLIES" what a joke hey !! Stalin actually write to Churchill saying "ARE you going to help us? Or do you want us to win this war for you ?" .. I read Hastings 2008 book about ten year ago & seeing the west's total denial as with this American , Churchill should have given 100% support to Russia 🤔 ..And never got involved with anerica ...Britain where I'm actually from 😢 Only finished paying off america about 15 yr ago ? This bloke going around the mulberry bush knows Russia gonna win but, still a two bit banker saying " well!!..It Depends?" ..The only honest commitment was saying he got his children learning "Mandarin " .. And said it several times . ATB ❤️

Russia defeated Germany, while the USA won.

@@testaccount882 agreed

​@@testaccount882Russia lost 26 million people and still beat the nazi's...

America has been taken over by the neo-cons. Jim rogers, worked with one of the most evil neo-cons, Soros.

Message for them is: You can’t handle the truth

Use to be a Radio 4 person myself, I enjoy the wider world now

Weimar

The capitol investment is tiny compared to USA though. And i'm not fan of USA

@@tom-u8k6y Everything has to start somewhere. It can only grow from here, as the other side is on the decline.

@@tom-u8k6y I dont think you understand what capital investments are. They are evaluated in dollars today and in rubles tomorrow. This is the good thing about this type of investment, they are not chained to any specific type of currency.

It has been melting down for the average Joe.

What's not changed in the UK, and what's driven the economic decline to war levels of austerity and despair, are the city square mile banker's delusional pursuit of global self-importance and control via the development and propagation of the offshore USD called, curiously, the Eurodollar. This system, centered in London, wrought the GFC when it began collapsing in August 2007. Since then, people Like Emil Kalinowsky [Of Eurodollar University fame] have described the decline as "The Silent Depression'. The LIBOR scandal was just the tip of ice berg.

Yeah same.

Speculators per se are fine, but they should not be allowed to use credit created from thin air to speculate on 'assets'. They should find other like souls and borrow their money to go and gamble with. The created credit that forms almost 97% of the money in our banking systems could and should only be used for proper investment in businesses, small, medium, and large, to provide stable and dependable jobs for as many people as possible. This would also ensure very low inflation. So the US Federal Reserve could easily meet its statutory dual mandate of stable prices and employment if it simply took this approach.

Britian isn't really capitalist at this point. the GDP of the UK generated from the state is higher than that of USSR, in percentage. 2019 over 67% of those employed in wales were employed by the state.

@@tom-u8k6y Per capita, the UK has the most concentrated banking system. Professor Richard Werner describes it as "Sovietised". Government jobs do not add to GDP, or GDI; they are a drain on such measurements, and thus on aggregates of National Wealth, amongst other things. Using created credit this way in a highly centralised system designed to only 'accommodate' large and transnational enterprises results in the current malaise the UK currently has.

Rich people talk

@@TeeTee-zm2re exactly!

He lives in his own bubble

He meant the central bankers and investors, not the common Joe Blow. He's an investor, he only cares for ROI.

Yah everyone is so angry and horrified by what's happening to the West and that we're not fighting it. It makes everyone totally sick. We've utterly surrendered to absolute evil.

They, along with many other so-called public institutions, are merely a front for offshore banking and finance. Mr. Mercouris may have recognised this during his 12 years as a Solicitor in the London Courts and Inns.

"Neo-liberalism" is a nonsensical marxist dogwhistle. We don't have free markets with limited government intervention and minimal regulation, are you smoking crack? We have a globally entwined state-corporate hegemony that manipulates its currencies, manipulates the stockmarket, taxes ordinary people into submission while inflating away their wealth with money printing. None of that is "neo-liberal". What it actually is, is jewish.

Or climate change

The only option is war, and it is self-evident that Mr Rogers knows this too - "Where do I put my USD?"

Worse. We the polity have allowed Banks the high honour and privilege to create credit out of thin air. Instead of putting this to its best and highest use for all of us, they prefer to 'lend' it to speculators who suck up every form of tangible and intangible "asset", creating massive bubbles that are unceremoniously let down but called, academically, a "Boom and Bust Cycle"! 1929 is a very good example. Real growth in the real economy should be the only place created credit is deployed.

Wow you give me hope

Am 49..am From Michigan…

Please how's that possible, I'm curious

Please how do i go about it, am still a newbie on investment trading and how can I make profit?

Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Sonia

Agree completely. Vague and often repetitive.

Totally agree

Agreed.

@@quercusalba5441 Agee. Never really answered any of their questions.

Worst guest! Too vague and tightliped

Yes, he said alot without saying anything.

Mr Rogers seems to be somewhat of a neo-classical economist, with a penchant for speculation and asset accumulation. He is neither a genuine business person nor investor. Zero-sum appears to be his game - "where should I put my USD?" etc.

Exactly, Spain a few century's back experienced this

Productive power is temporary, always, but gold is forever.

​@@wimvanaerde6249Spain's mistake was allowing the gold to enter the general economy in massive amounts. It had the same effect as printing massive amounts of money does today. The gold that countries own now is backing their currency, which is an entirely different thing. Currency backed by gold is real. Currency backed by hope and promises is only as good as the promises.

@@edennis8578 Gold is largely useless. It’s considered to be of value because it’s considered to be of value. If there’s a real economic meltdown owning gold won’t help

Agreed, and would add that it is also the way they use their 'credit-creation' banking systems that will continue to make them so much more successful than their Anglo-colonial South-East Asian neighbours like Australia and New Zealand.

Simple people always live in reality

Shakespeare’s fools were always the smartest, most incisive characters.

@@justmemimi7338 Therefore, is Mr Rogers a fool and his money?

Explain please

Serendipitously, today Hard-Core Republican Dick Cheney [and his spawn] back Ms. Harris as Presidential Candidate, while the Democrats' economic centrepiece, Modern Monetary Theory ('MMT'), espouses precisely what Ol'Dickie boy said all them years ago: "debt does not matter". Who'd have thunk it!

Yes just ignore it by now. Clearly not gonna happen. Everything is just fine and is gonna keep getting better until its all perfect.

Then why is he a billionaire?

@@PatRiarchy-qw6cp Answer: A wealthy speculator and zero-sum 'trader' would simply never reveal the secrets of his so-called 'business' acumen. That would be just giving it all away for free, wouldn't it now?

Every man looks better in suit and tie….

@@ziegle9876 I agree but I also like A LOT the 70's look with long hair bell bottoms and tight shirt...maybe because they are the extremes...Jesus and the spiritual guys looks like hippies while guys in suit and tie looks like yuppies.

@@ziegle9876 Yes its a great way for men with not so great bodies, to look decent and presentable. If you then saw them on the beach, then you would probably not believe they could take care of your money, when they obviously cant even take care of themselves. Suit and tie are mainly for people who are trying to become somebody. Once they become somebody and no longer have to work for others, thats when they drop the suit and tie. You see this everywhere. Only really old guys are sticking to it.

Well said 😂

You are absolutely Right. This was a really Cheap Chit Chat . Nothing really Important 😢😢 Just a lot of BS we Already Know.

@@jackandersonrangelsolomon3785 He's tight lipped but what he cautioned against is a comprehensive list of exclusion. Why did he want his kids to study Mandarin? Why did he omit some particular country in East Asia when he mentioned BRICS? :)

Not a single mention of bitcoin, embarrassing. Boomers really are just riding the wealth they made on assets they bought cheap.

I 100% agree. Wish we had someone like him in every country in Europe.

You are 100% right in my opinion. Putin brought Russia out of its really bad situation after the collapse of the USSR and has completely rejuvenated the country. The guy is a hero of Russia and should be and will be a great example of what a statesman should be, God bless him and the Russian people.

Mr Rogers' choice of Singapore may be, unconsciously, because of the structure of its banking sector which has successfully accommodated small, medium, and large businesses. This is in stark contrast to places like the UK, Australia, Canada, and New Zealand, while a further banking 'consolidation' may soon befall the US. Surprisingly, so-called communist China used a similar banking structure [like Japan too] to fuel its rapid economic growth story. One need only look to Germany for the genesis of this.

Your leaders hate you because they are jewish and you aren't. They tell you this to your face and you still expect them to care about your economic well-being.

Agreed.

The future is japan everywhere due to climate change. Collapse is going to take money out of finance and into resources like land, water, food.