In the United States, we are already experiencing record-high inflation, and not to mention the national debt is approaching $35 TRILLION. While paper dollars are suffering, one must also beware of the emergence of new digital currency and market warnings.
When speaking to inflation, Trump referred to an” inflation crisis”. He has previously said, “The world is going up in flames while you suffer the ravages of inflation and your buying power goes down to levels never seen before.”
Financial analysts like Robert Kiyosaki are telling Americans to get prepared for the biggest financial crisis in U.S. history and say the S&P 500 is about to crash by 70%. Kiyosaki further says, “The Roman Empire ended in the same way with massive gladiators entertaining chubby Romans while their bankers debased their currency to pay soldiers and bills.”
If inflation and expert market concerns aren’t enough, the dollar may also be in trouble.
When speaking on the power of the dollar, Trump shared “[The U.S. is] the big piggy bank but our piggy bank is going to get smaller and smaller all the time because we’re losing power,” Trump said. “We’re losing a lot of countries on the dollar. I mean they’re going like flies. If we ever lose that that’s the equivalent of losing a war that would be unbelievable.”
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He isn’t alone, Bank of America has also issued a warning about a possible US dollar collapse. Moreover, this could just be the beginning, it could allow BRICS to spread the de-dollarization initiative across the world.
Unfortunately, this isn’t the only threat we are facing.
Under the Biden administration, Executive Order 14067 was passed, promoting a new central banking digital currency. And if you ask why this should be concerning, Tucker Carlson summed it up by saying…
It is not that outlandish… It’s already happening across the globe.
Europe is one of the latest to release a central bank digital currency and along with it, new cash rules. Christine Lagarde, President of the European Central Bank, shared “Now we have in Europe this threshold, above 1,000 euros you cannot pay cash… if you get caught you are fined or you are going to jail”.
Now is the time to take control of your financial future. You need to learn how you can diversify and hedge against existing and soon-to-exist threats. Failing banks, inflation… this looks like just the beginning and it seems as if things may get much worse.
Are you prepared?
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While Robert Kiyosaki sounds alarm bells about the stock market and the U.S. dollar, he implores Americans to buy gold and silver as they serve as “parachutes for investors during the economic downturn” and says, “We are not going in for a soft landing. Unfortunately, the world of fake money is crashing.”
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Sources
https://watcher.guru/news/brics-bank-of-america-issues-warning-of-us-dollar-collapse
https://www.forbes.com/sites/digital-assets/2024/06/21/like-losing-a-war-donald-trump-issues-dollar-collapse-warning-after-huge-bitcoin-donation/
https://finance.yahoo.com/news/end-american-empire-robert-kiyosaki-125000901.html
https://www.nasdaq.com/articles/rich-dad-poor-dad-robert-kiyosaki-warns-of-impending-banking-collapse-and-global-economic
https://www.cato.org/commentary/central-bank-digital-currencies-under-any-name-threaten-privacy-freedom
https://www.foxnews.com/video/6324327043112
