Janet Yellen admits that weaponizing the dollar against Russia is risking the status of the reserve currency. This admission tells us how severe de-dollarization has become and how badly the sanctions are backfiring. However, Yellen goes on to say that the economy is still strong and the banking crisis is just a minor event. Here’s what you must know and why more economic chaos is likely to come!
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Timestamps & Chapters:
0:00 Yellen Admits The Obvious
2:10 Dollar Hegemony In Trouble
5:07 Hard Landing Coming!
8:08 Inflation Crisis Not Ending
10:47 The Ultimate Mistake
12:54 Yellen Tells Us Not To Panic
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36 Comments
Sean, Great insight! ๐๐Gold is the way to go rather than trusting the reckless and irresponsible money printing US! Definitely do not deserve to be international reserve currency any more!
Great report!
Telly tube land , ๐คฃ๐คฃ๐คฃ
The US economy is a house build on sand by a giant on clay feet who's been spinning a fairy tale about how solid it all is and how wonderful and inherently good. But more than a mild breeze will destroy this obese insatiable devourer.
Yellen to threaten: de dollarisation is declaration of war on USA
Longterm government and corporate corruption ruined the United States.
They destroyed a lot of cultures and people's lives both in the United States and throughout the world.
Debt ceiling was intended to give you a grace period to clean up your financial mess…
But when someone actually raises the ceiling over a hundred times, you don't have to use your brain to figure out that he has no intention of paying you back!
What more when that someone actually used your money to threaten you…
๐ท๐บ๐ซก
Dedollarisation is real. World has realized that dollar has been pulling a fast one on them.
Loving today's video Sean. I didn't even know you have such a good taste of humor. LOL.
The dollar is ensured a backed for 150years I don't see a new emerging currency changing anything. Bitcoin only made the U.S. stronger. I think it's good maybe China can pay back its 50trillion in debt to the U.S. faster.
The better title for this program should be : "The world is in less Danger. The hegemony is less threatening".
Also in one year we have seen interest rates drop 3% in the last year, and another 3% by 2024. It not going up. Interest rates are going way down. Sorry to burst your make believe world. Also anything over a 4% return on a investment will double your investment in 10 years. Sorry, it's not at 9%, but that will return in a few years as well. But if you are really scared a Mutal Fund of 5% at 25 years would make for a wonderful retirement plan. U.S.A!!!
confusion is the name of the game they are playing. You just add things up and make your own analysis of the true.
Just one thing. The purpose of sanctions wasn't or rather isn't to stop ''Putin's war machine'' (i hate calling it Putin's whatever, Russia isn't North Korea). it always was about regime change and resource exploitation
10:55 The fabled frozen assets of the russian central bank don't exist. They have long ago been sold to China. There is nothing left for the EU to loot.
great news
Only accept gold and precious metals for export to the west. Their fraudulent papers gives them the strength.
So , pretty soon the money paid to Ursula von der Lying from NATO will be worthless.
SUCH INCOMPETENT YELLEN……SHE MUST BE FIRED โ๏ธโ๏ธโ๏ธโ๏ธ
WHICH ECONOMIC SCHOOL SHE ATTENDEDโ๏ธโ๏ธโ๏ธ
SHE FAILED AMERICA โ๏ธโ๏ธโ๏ธโ๏ธ PERIOD
Sean, you must be a Ace student for Politics and Economics. Your Insights is impeccable.The best thing i did this year is Subscribed your channel.
More countries try to move away from their dependence on Dollar. Using own currency is more make sense…
Sean, how do you know if Yellen knows what is going on? It is hard to argue with a person that is paid money to hold a particular opinion. Yellen thinks what she is told to think. She says what she is told to say.
The US has allowed a small unelected elite to destroy US power and prestige, including the US dollar.
Is good with your update information are you able to update us china market especially import and export….
Cramer and Yellen are Israeli
That's the problem
Yellen has a 67 IQ
Another reason for American decline ๐ข
Sean, your best comment was Yellen living in "Teletubby land."
https://m.youtube.com/watch?v=5ZCgbGgA-_8&pp=ygULdGVsZXR1YmJpZXM%3D
What kind of free world America is advocating when they bully nations that do not accept US hegemony?.
Do the world a favour
'Yellen in telly-tubby land'…. ๐๐๐๐
As much as Iโm against the US and itโs dominant currency this guy seems to just repeat nonsense whilst pushing his own agenda – Gold. Itโs getting boring now give us something we donโt know
Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today
Whisper word…..get out of schwab while you still can
That Old Lady is out of her mind.
Sure I star packing ?
Going back to Mexico ? ๐