Economist's "News and Veiws" Thursday PM 9-28-2023
Analyst Who Predicted 2008 Crash: "All Hell Is Going To Break Loose"
Mike Maloney: 9-28-2023
In this eye-opening video, Mike Maloney delves into the concerning state of the global economy, starting with the warning signs from Silicon Valley Bank and extending to the massive U.S. national debt, which now stands at over 33 trillion dollars.
\Find out how the average taxpayer owes a staggering quarter-million dollars in taxes! Discover why tax revenues are falling while debt is skyrocketing, posing a severe threat to our financial stability.
Explore the holders of U.S. debt, including Social Security and military retirement funds, and understand the potential consequences of debt rollovers.
Gain insights into the looming crisis, similar to the 2008 recession, and learn why it's crucial to consider investing in precious metals like gold and silver as a safeguard for your financial future.
Don't miss this urgent analysis that warns, "all hell is going to break loose."
JPM Warns: "The Stock Market Looks Like 2008." REAL GDP NEGATIVE.
Greg Mannarino: 9-28-2023
U.S. Dollar's New Ally – Will Tokenizing U.S. Treasuries Keep Dollar King? — Pat LaVecchia
Kitco News: 9-27-2023
Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Pat LaVecchia, CEO of Oasis Pro, who discusses the latest Fed decision, whether more rate hikes are coming, and what it means for the crypto sector.
LaVecchia gives his Bitcoin price forecast and comments on what to expect on the regulation front in 2024. He also shares his insights on the tokenization of real-world assets (RWAs), including the U.S. Treasury market, and gives his outlook for the whole tokenization of RWAs market in ten years' time.
00:00 – Intro
01:04 - Fed reaction, rates outlook
03:55 - U.S. economy
05:32 - Impact on the crypto market
07:23 - Bitcoin
13:02 - Tokenization of U.S. Treasuries
22:29 - Tokenization in traditional finance
24:49 - Where are we with tokenized real world assets (RWAs)?
36:34 - 10-year outlook on RWAs
37:07 - How can an investor benefit from tokenization trend