Economic Thoughts from Sean Foo, Greg Mannarino and Lyn Alden 10-29-2022
Gold Will Return As Money - The Unthinkable Will Happen!
Sean Foo: 10-29-2022
Gold will come back and serve as money once again. The currency crisis today has taught the world about the dangers of relying only on fiat.
It can get inflated away through money printing, get devalued against the dollar and even sanctioned away.
Sooner or later, countries will begin to trade with each other using gold as a medium of exchange as it will be the best practical choice!
Timestamps & Chapters:
0:00 Fiat Currencies Are Failing
2:54 Money Printing Won't End
5:51 Counterparty Risks Are Real!
8:05 Sponsor - Private Internet Access
9:26 Can Gold Return As Money?
11:09 The Biggest Winners
13:10 Brace Yourselves
Real Estate Market MELTDOWN... Buckle Up, ITS ALL COLLAPSING. Are You Ready For It?
Greg Mannarino: 10-28-2022
China & Russia Have BEGUN SELLING OFF This ENTIRE US Asset To Collapse The US Economy - Lyn Alden
Expert Investing: 10-29-2022
China & Russia Have BEGUN SELLING OFF This ENTIRE US Asset To Collapse The US Economy - Lyn Alden -Lyn Alden, July 2019 “Are We in a Bond Bubble, or is This the New Normal?“
In early 2020 when the pandemic hit such a highly-leveraged (operationally and financially) global economy, it indeed triggered a series of global stimulus efforts by fiscal and monetary policymakers to prevent mass debt liquidations among businesses and households.
A lower-debt economy could have withstood an economic shock like this without the need for as much stimulus, whereas a high-debt economy like what we have is inherently fragile and doesn’t deal well with cashflow interruptions.