TREASURY SELL-OFF: Is The Global Economy Heading Toward Financial Ruin?

We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.

In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.

So what are really the best strategies to make our portfolio recession proof. my wife is already panicking, so many questions! will the rate cut next month lead to inflation? I'm very worried about my $1million stock portfolio losing value. It lost 20 % today alone

Countries are also selling Treasuries to reduce danger of confiscation. That's a huge concern and cannot be brushed aside.

It's not that I don't have faith in the dollar, which I do not.. it's that I have absolutely zero faith in the central planners!!

What about brics and Swift system. Brics is because of No Limit Dollar Printer and use Dollar as politic Tool.

Maybe it’s too naïve to say this is as normal as EU bond sales in the past. The last thing China short of is dollar which China had decades of trade surplus sine 1970. One thing I do want to bring to table for the uniqueness of China's dollar-denominated bond sale is that it marks the closest interest rate compared to FED bond sale (only 1~3 basic points). This suggests three things including a)China can equally share, if not overplay, the dominant power of dollar bond at the expense of dollar hegemony, b)China dollar bond will be used to dilute if not absorb Saudi purchase of FED bonds purchase, and c)counterweight and replace any dollar-denominated loan by Western banks to developing countries, specifically with BRI framework, to Yuan, and generate trillions of dollars flow back to US to pump up high inflation.

Seems the world has a _"communication"_ issue because the lines at food banks I've never seen as long as they are now. Record numbers of bankruptcies and businesses already closed besides 3 dismal holiday seasons. Call it what you will, I call it *_"over."_*

Mr Snider is one of the few people that knows what is going on with the world wide monetary system. Fantastic interview. Thank you!

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