Hellow guys, Welcome to my website, and you are watching BIGGEST Economic Risk of ALL!! Don't Ignore This!! π±. and this vIdeo is uploaded by Coin Bureau at 2021-07-25T08:06:19-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | BIGGEST Economic Risk of ALL!! Don't Ignore This!! π± |
| Video Uploader | Video From Coin Bureau |
| Upload Date | This Video Uploaded At 25-07-2021 15:06:19 |
| Video Discription | π² Insider Info in my Socials π https://guy.coinbureau.com/socials/ π 20% Binance Discount π https://guy.coinbureau.com/binance/ π "Bitcoin Evolution" Shirt π https://store.coinbureau.com/product/btc-evolution-white-t-shirt π₯ TOP Crypto TIPS In My Newsletter π https://guy.coinbureau.com/signup/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ πΊ Useful Vids πΊ Inflation Scam π Fiat Ponzi π https://www.youtube.com/watch?v=L_f6R0DHNH0 Stablecoins π https://www.youtube.com/watch?v=Q3tunUaDwN0 CBDCs π https://www.youtube.com/watch?v=fEifsVxio6Q ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ - TIMESTAMPS - 0:00 Intro 2:01 Current Conditions 4:32 Global Debt 7:05 Inflation 10:38 GDP Growth? 13:03 Stagflation 17:28 How to Invest? 20:23 Conclusion ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ βοΈ π Useful Links π βοΈ Nouriel Roubinin Opinion: https://www.theguardian.com/business/2021/jul/02/1970s-stagflation-2008-debt-crisis-global-economy Mohamed El-Erian Interview: https://www.youtube.com/watch?v=ZcnSPDKvPeA Steve Hanke Interview: https://www.kitco.com/news/2021-07-17/Record-inflation-levels-are-coming-with-no-growth-the-worst-of-all-worlds-Steve-Hanke.html Wiemar Republic: https://www.history.com/topics/germany/weimar-republic Food Inflation: https://www.wsj.com/articles/youre-paying-more-for-foodand-you-might-not-know-it-11626267671 Container Shipping Prices: https://www.wsj.com/articles/container-ship-prices-skyrocket-as-rush-to-move-goods-picks-up-11625482800 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ π€ How Are Things Currently? π€ Fiscal spending skyrocketed in order to make up for lost production and the increasing unemployment. This took the form of stimulus cheques, income support and business grants. Central Banks also flooded the system with money. Thankfully though, things began to turn earlier this year. While these measures were able to avert a dreaded depression. The real game changer was vaccines This meant that we started to see increased economic growth which has buoyed the markets and lifted spirits. π° Massive Debt π° According to estimates from Moodys, Pandemic spending added *$32 Trillion* to global debt which currently stands at over $290 trillion. The highest level of debt since the end of World War 2! And, it's likely to get even worse. It's also very cheap to borrow which means that governments are likely to want to take on more debt. Of course, this is risky because it will have to be paid back π Inflation π We just recently had the US CPI data for June come out and it came in at 5.4% - the highest level in 15 years. Moreover, if we were to strip out food and energy and just look at that "core" number, the price increase has been the largest we have seen since 1991. This inflation is mostly being driven by supply side factors. Given that Covid has crushed global supply lines, it means that there has been a massive increase in the costs of nearly all goods. This inflation is also not something that the Fed can effectively fight with monetary policy tools. π GDP Growth π GDP growth has been strong. This has also helped to fuel an increase in employment in the US and other countries. However, despite this there are signs that Q2 GDP numbers are likely to be slower than Q1. There are already some indicators. Firstly, you had a surprising fall in consumer sentiment in July. Then, you also have a survey that was conducted by the Wall Street Journal that polled a number of banks to ask them about their growth projections for the coming few quarters. This is all because of the fact that the Delta variant is causing a great deal of trouble π± Stagflation π± The combination of low growth, high unemployment and high inflation is stagflation. This is an economic condition that blighted the 70s and made it a really tough time to live in them There are many that think we could be heading to a new period of stagflation. A few of those include Nouriel Roubini, Mohammed El-Erian and Steve Hanke This stagflation will also come at a time when we have some of the highest levels of government debt. We also have a situation where Fed policy is almost moot because rates are also near 0 π€ How to Protect π€ There are very few asset classes that performed well during the 70s stagflation. One of the best known ones was of course the likes of Gold which is still seen as an inflation hedge even today. Another really strong inflation hedge is Bitcoin. This is because it has a protocol defined supply limit which makes it scarce. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ π Disclaimer π The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome. #Stagflation #Bitcoin #inflation #gold #fed #economics |
| Category | Education |
| Tags | Inflation | Stagflation | Nouriel Roubini | Mohamed El-Erian | Debt | Fed | Pandemic | Spending | Economic Growth | Consumer Confidence | GDP Growth | Crypto | Bitcoin | Gold | BTC |
