Jim Rickards: Please Listen! "TAKE YOUR MONEY OUT OF THE BANKS" Warning on 2024 Banking Crisis
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- čas přidán 11. 09. 2024
- Jim Rickards says that Global Liquidity crisis is coming where the Big Banks, Hedge Funds, and other institutions needs US Dollar in order to cover their collateral needs against their derivatives positions.
What will happen when there's no dollar or the dollar is too expensive? Jim Rickards predicts that someday one big banks or big institution will collapse and it won't be pretty.
James G. Rickards (29 September 1951) is an American lawyer, investment banker, media commentator, and author on matters of finance and precious metals.Thanks for Watching Plain Finance Reborn, share this video to your friends if you find it helpful. Subscribe to our channel for daily videos on Investing, Economy, Finance, Stock Market, Building Business, and more.
Good info and explanation but this video was made at least 2 years ago - watch at 11:10 even though it was uploaded yesterday. This YT channel should have disclosed that info.
JR is super brilliant. We need more of that wisdom. The money supply and balance sheets of banks is radically changing. The FED will forever save the banks so there is no more collapse that will happen as interest rates are manipulated.
Keep your cool.
He says "Get your money out of banks and stocks" but he never says what to do with it. why is he not more specific about the solution? and the what to do!
Gold
How much does a bitcoin weigh ?
Take your CA$H out of the BANK$ ... and INVE$T......
LMAO. If sheets are hitting the fan, investing is not gonna do squat. I for one am looking forward to no taxes, no insurance, sleeping under the stars. Invest this $#@%
Dont Give Iran or the middle East any ideas about Oil embargosor it may just happen again like in the 70s that would cause havok.
lol... he literally said nothing about banks or bank runs. Click bait y'all
BREAKING : JEROME POWELL WILL MENTION THAT THE FED IS OPEN TO CUTTING RATES BY 50 BPS THIS FRIDAY AT HIS JACKSON HOLE SPEECH PER EVERCORE
I don’t agree with this guy. There’s a ton of money being printed in Europe and USA that is given directly to medium and big businesses and corporations. That’s a ne factor of inflation and the other, government workers and contractors keep getting tons of money while private sector gets smaller.
And let's not forget that every illegal alien is being given money, food, housing and the means to get here in order to overthrow us. That's billions right there.
The entire economy is in a tail spin. Why? because a tiny percentage of millennials invest in stocks using an app.😂
What a load of fear mongering shite
Lol, more fear mongering. Que the overpriced gold commercial