The world’s economies are in turmoil, and in dire need of a reset. Countries across the globe have been artificially keeping interest rates low, printing fiat,and engaging in irresponsible fiscal policies. The years of damage to the system, is starting to creep up, and the meltdown is beginning. Trade wars will destabilize the US economy and the dollar, and this will send shock waves throughout the global economy. Luckily Bitcoin is uniquely positioned to help alleviate a majority of the economic woes about to plague this world.
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⏰ Time Stamps ⏰
00:08 Introduction: The Perfect Storm Is Brewing
00:51 Japan Is Running Deep Into Negative Interest Rates
01:16 What Is A Negative Interest Rate? Why They Are Bad News?
02:26 Japan Is Going To Lower Rates Even Further
02:40 Negative Interest Rate Policy and Low Interest Rates Are Common Across The Globe
03:15 US Government Is Keeping Their Rates Artificially Low
03:59 US Economy Looks Great On Paper & Rates Should Be Raised
04:50 The US & Chinese Trade War
05:10 Hong Kong's Role In The US & Chinese Trade War
05:51 Chinese Put's Pressure On Hong Kong With Extradition
06:13 Hong Kong Could Lose Preferred Status & It Will Hurt The Hong Kong Dollar
06:58 Capital Outflow From China Without Hong Kong Means Increased Bitcoin Use
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**Disclaimer**
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. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results. Open CDPs at your own risk!
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