Views : 1,640,629
Genre: Education
Date of upload: Jun 29, 2023 ^^
Rating : 4.753 (3,014/45,793 LTDR)
RYD date created : 2024-05-13T17:50:37.79631Z
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Top Comments of this video!! :3
In spite of how everyone is frightened and calling the crash, there is already an excessive amount of demand waiting to absorb it, which is another reason it's less likely to happen that way. This forecast was not made in 2008, at least not by the general public, as I will explain below. The ownership rate peaked in 2004, according to the other comment. We reached a peak in the second quarter of 2020 and are currently at the median level. From 2008 to 2012, it fell by 3%, and in the second quarter of 2020, it dropped from 68 to 65. how can a young man with 200K survive?
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Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?
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I interpret for a Vietnamese company a few weeks ago. They deal with wheels balancers and tire-rimming machine imported from China. Vietnam and China have a massive ammount of trade going on, shares a land border and have similar culture so it would be easy to quote the prices in yuan or VND right? Wrong. Everything is in US dollars and from talking with the Vietnamese company, dealing with Yuan is super difficult and rare, like 1% of deals they have. If the partners say it must be yuan the Vietnamese company have to use under the table means to settle the transaction. Same thing with the PC components industry. You barely see yuan uses here in Vietnam.
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Great video, just wanted to add that some of the jurisdictional links that the US employs to exert its authority upon foreign transactions are highly contested under international law and rejected by the vast majority of the international community of states (in particular currency-based jurisdiction).
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It is a government inspired crisis this time. The Treasury have to sell Bonds to cover the trade imbalance and the government spending imbalance. In order to sell them they have to raise interest rates and the old long-term, low risk, low interest, AAA investments (including Treasury Bonds), held by the banks (often due to government regulatory policy), become next to worthless. The next milestone is the 15th when the government issue a new batch of Bonds. I have approximately $350k stagnant in my port_folio that needs growth. What is the best way to take advantage of this downturn?
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@sideshowbilly3755
10 months ago
If anybody wants to discard their stacks of worthless US Dollars, I am setting up a Dollar recycling service, and would be glad to collect them up. I just thought I'd put that out there. lol
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