Economist's "News and Views" Thursday 2-1-2024

Here’s Why a Financial Crisis As Early as April is in the Cards

Lynette Zang & Daniela Cambone:  2-1-2024

Daniela Cambone engages with Lynette Zang, Chief Market Analyst at ITM Trading, in a recent conversation and covers various crucial topics including inflation, U.S. debt, the pitfalls of private equity scams, Central Bank Digital Currency (CBDC), and strategies for investors to safeguard their wealth.

 Zang issues a stark warning about the impending adverse impacts on people's lives as the U.S. economy becomes increasingly entangled in escalating treasury debt.

“Just lowering the interest rates, even lowering them back to zero, isn't gonna help. It's not gonna help all that massive amount of debt. I think we could see some level of crisis by this Spring,” Zang asserts.

She highlights a recent surge in the velocity of money, attributing it to the public's fear of the U.S. dollar losing value. “They’re rushing to spend it… indicates that for me the beginning of the hyperinflation.”

She also discusses the risks in private equity and the potential trigger for the next financial crisis. Zang emphasizes the importance of community and maintaining hope as essential to navigate these challenging times.

CHAPTERS:

 0:00 US economy

 6:10 Hyper-inflation

8:52 Milei Davos

10:29 The Great Taking

13:24 U.S. debt

16:32 U.S. stocks

 18:10 Treasury debt

19:25 Private equity scam

 23:30 Job cuts

25:15 Question for Lynette

31:11 CBDC

32:15 Strategy

https://www.youtube.com/watch?v=mRGBthasNyI

LIVE! BANKS TROUBLES ARE WORSENING FASTER! Bigger CRACKS Forming In The Financial System.

Greg  Mannarino:  2-1-2024

https://www.youtube.com/watch?v=6SxfEcXmeoA

BRICS+ MOSCOW MEETING RESULTS: UAE, Saudi Arabia, Iran, Egypt & Ethiopia Join To Discuss Strategy

Lena Petrova:  2-1-2024

https://www.youtube.com/watch?v=2hGwJfitoUk

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