Is a Banking Crisis Coming?
Become a Client: nomadcapitalist.com/apply/
Get our free Weekly Rundown newsletter and be the first to hear about breaking news and offers: nomadcapitalist.com/email
Join us for the next Nomad Capitalist Live event:
nomadcapitalist.com/live/
Experts are raising alarms about a potential banking crisis, not just in the US, but across Western countries. With commercial real estate loans hitting decade-high delinquency rates and rising economic uncertainties, the pressure is mounting. In this video, we explore the vulnerabilities of small and midsize banks, the ripple effects on the global economy, and why diversifying your investments might be crucial.
00:00 Start
00:38 Commercial Real Estate Crisis in Europe
1:53 Offshore Banking Benefits
3:15 Comparison of Western vs Asian Banking Practices
4:47 Why you need to diversify bank accounts
6:38 Potential Risks and Asset Protection
10:36 How Having the Cash Overseas Can Protect You
Nomad Capitalist is the world's most sought-after expert on legal offshore tax planning, dual citizenship, and international asset protection. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where you're treated best."
Nomad Capitalist has served as the “architect” and “general contractor” for 1,500+ clients who wanted one company to manage their holistic plans. We help these clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against current and future threats at home.
Our in-house team of researchers, strategists, and executioners know more about these strategies than just about anyone. We’ve also spent more than a decade building a trusted network of attorneys, accountants, real estate agents, and others to assist our clients. As a result, our approach is not only holistic, but agnostic; we offer our clients advice on and options in 90+ countries, more than any other firm by far.
If you’re looking to diversify internationally, whether for lower taxes or as a “Plan B”, trust the industry pioneers at Nomad Capitalist and our experience serving the needs of globally-minded entrepreneurs and investors.
Become Our Client: nomadcapitalist.com/apply/
Our Website: www.nomadcapitalist.com/
About Our Company: nomadcapitalist.com/about/
Buy Mr. Henderson’s Book: nomadcapitalist.com/book/
DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
Пікірлер: 291
I think Andrew misses a crucial thing - if US small banks go down, then that is contagion and it will put alot of pressure on large banks. Some woll fail. If they fail, then that puts the entire US run SWIFT system in trouble and will affect international banks. What i am saying is this, if you want your assets safe, avoid parking money in countries closely affiliated with the US. This includes EU/Ireland/Canada/Singapore
@bobdublin825
21 күн бұрын
Goldman Sachs should have gone down in the 06/07/08 crisis, but the govt turned them into a depository bank, completely illegal, as we would see it, but you know,, corruption is high at the top
@joseeduardobtesh1651
21 күн бұрын
The system will bail them to continue extending in time the decay of the empire
@jayajaya788
21 күн бұрын
What do you suggest? curious
@mjmf1430
20 күн бұрын
Rest assured Singapore is not a client or 41th state of USA, unlike the others in your list.
@timphiey
20 күн бұрын
Domino Effect. It'll happen on a Friday. Get ready. The preppers are safe.
Credit Suisse "went down" due to absolutely staggering incompetence in the highest management. That is hard to protect against unless you have inside information... But one clear sign is when the bank spends a lot of effort on DEI and very little effort on credit risk management.
@ft1725
9 күн бұрын
That was going to happen whether there was DEI or not. There has been irresponsible enforcement in the system before DEI was a thing.
@thoroughsoft
2 күн бұрын
@@ft1725 DEI is a clear sign of incompetence. When you don't know how to do the fundamentals and instead throw around initiatives that have absolutely no positive impact on the business, the pink slip should be handed out immediately. I have enough insight into CS to see where the effort was placed.
Not just a banking crisis,
@RubberChickenMan007
21 күн бұрын
It's a global financial reset. I'm a commercial real estate broker in San Mateo County. This financial turmoil wiped out business last year and the metaphorical train hasn't even left the station yet. The whole ecosystem from tenants to landlords, businesses to employees, cost of supplies and transportation, is on life support.
@jamaaloromo3698
21 күн бұрын
Which crisis? Capitalism is based on winning, find a way to winn
@carleonking1852
21 күн бұрын
@@jamaaloromo3698interesting. You just might not be informed . This is called sounding the alarm 🚨
@phillipula4570
20 күн бұрын
@@jamaaloromo3698 will the little hat brigade sell their assets in order to keep the economy afloat once people stop participating. We will find out now won't we
@user-xg6yc8ho3w
20 күн бұрын
@@jamaaloromo3698 It stopped being a true capitalist society a long time ago when the Gov started bailing out banks and corporations. Mid and small size businesses go under during crises but those big entities get saved because they lobby the politicians. It's getting closer to socialsim when the Gov has their hand in companies.
AWESOME! Great hearing your insights perspective regarding this matter. Thank you, Sir.👍🙂
Thanks George
Thank you for the good insight
I do understand the purpose of diversification. However, for years I try to grow my small capital. Being a small capital. Diversification is rather hard because it would mean that I have small bits of "nothing" diversified. What I did is that I did "gamble" on the value of gold going up. If this happens then the value of gold miner stocks go up. So I put my "capital" in gold miner stock, though, I diversified within that group.
How can I get personal financial advice from nomad capitalist to transfer my money to access Ghana?
Banking...the one time size does matter.
Good chats, as always, thanks a mil.
@nomadcapitalist
20 күн бұрын
Thanks for watching!
Hello Which are those Swiss banks exactly what you have mentioned in the video? Regards
@DavidRobertJohns
20 күн бұрын
@@chrisa.515 I actually live in Switzerland
@lisalyons5381
16 күн бұрын
@@DavidRobertJohnsI don’t know but my friend flies her gold to a Geneva bank deposit
What is your opinion on switzerland banks? I mean 2.5% capital ratio is a jone
Thank you, Nomad. This is a really open mind.
@judithgrace9850
21 күн бұрын
I know
The “deposit guarantee system” in Europe is not per country but 100.000 per AFM registered bank. So no need to stress.
@seetheious9879
20 күн бұрын
Oh there is a reason to stress with these entities. They have been blowing up yet another bubble and the people getting positions in the top of the AFM are in the same carousel of banks, pension funds, insurance, the DNB, the ECB, the bank of international settlements, its various committees and shadowbanks. They have made yet more dubious financial products where collateral is reused, packaged and sold. Derivatives built on assumptions that are one day going to fall apart. It's not good.
Banking crisis or a fiscal crisis? Because I'm pretty sure some $5 trillion of tax payer money would be used to bailout these banks to prevent a potential depression.
@Pipe_RS91
21 күн бұрын
Maybe both, but banking crisis tends to bring about everything else.
@smoothbraindetainer
21 күн бұрын
In America probably... This video isn't just about America
@brawndothethirstmutilator9848
21 күн бұрын
@smoothbraindetainer, Every country with a fiat currency and a central bank can turn on the printer and paper over the problem, and they absolutely will try that.
@monipenny408
21 күн бұрын
Welcome to U$ capitalism! The best system that money can buy!
@timphiey
20 күн бұрын
War
Agree with everything you said Andrew. The sheeple better start waking up and taking action...
@firstandforemost87
21 күн бұрын
😂
In Singapore, at least for a non-resident account, you don't need to go there. Most banks offer account opening fully remotely.
@trevorsmith7753
21 күн бұрын
I call BS on that, otherwise everyone would be opening accounts there.
@whycanthebodiesfly
20 күн бұрын
@@trevorsmith7753 Yip, need to be there in person, ditto for the UAE.
@PassionPno
14 күн бұрын
@@trevorsmith7753 I’m from Malaysia. I easily opened a Singaporean account without setting foot in Singapore.
How much of a deposit into a Malaysian bank would I have to make to get the multi year residency visa?
As far as protecting your money from bank failure /Gov repossession, would a broker account work? For example if I park money with IBKR, is it safer than a Canadian bank like CIBC etc ? Or are they bound by the same laws as banks ?
Question: might countries with low government debt be safer to move to? eg Bulgaria, etc?
@michaelfinger6303
20 күн бұрын
countries not part of the EU that have some form of relation with the east and enough water/food to sustain themself are safe... when it comes to your money nowhere is safe...
No More Haircuts! Thank you Nomad Capitalist for that very detailed and informative video about the coming banking crisis. I would feel safer knowing my money is in a bank where no funny business goes on. I want my money to grow not disappear and I agree that normal tax payers struggling to get by would not be happy to have their tax dollars go to bail out someone with a lot more money. ⤴💸
Fractional Reserve banking should be a crime.
@frenilzaveri6000
21 күн бұрын
Facts!! Very few sheeple / mainstream "financial experts" ever talk about this. The Fraud of Fractional Reserve Lending is at the core of every financial/banking crisis
@richbrewer8121
21 күн бұрын
Thank you! Nice to see that someone else sees the root cause to all our banking problems.
@michaelfinger6303
20 күн бұрын
@@richbrewer8121 the problem is the people enabling it... its how democracy works...
@richbrewer8121
20 күн бұрын
@@michaelfinger6303 respectfully disagree. The true problem is the IGNORANCE of the people, hence Henry Ford's quote about how there'd be a Revolution in the morning if the American people knew how banking works.
@michaelfinger6303
19 күн бұрын
@@richbrewer8121 I understand why you disagree, but that is exactly what i am saying you cannot have a functional democracy with people that dont care to inform themself...
Just like 2008 is won't be contained to one country.
@asclepiushermestrismegistu7489
21 күн бұрын
USD is around the globe and when the panic strikes.....
@Ziegfried82
21 күн бұрын
There's a reason why China/Russia/India all are trying to move away from the US dollar system.
@monipenny408
21 күн бұрын
that is why de dollarization cannot be contained. There is no trust in U$D and U$ z1onist govt!
@michaelfinger6303
20 күн бұрын
@@asclepiushermestrismegistu7489 yes but everyone thats half sane is decoupling for a decade...
7:05 the workaround is to split your money into multiple accounts 10:20 that ships has sailed, Switzerland proved to be untrustworthy, so I would strongly suggest against stashing your money there
Whats the minimum liquid capital necessary to work with Nomad Capitalist? I’d like to live in a different country every 4 months by investing my money in an up and coming country for residence or citizenship and want to minimize my US citizen taxes.
"Is a banking crisis coming" Andrews rhetorical question
@judithgrace9850
21 күн бұрын
Yes
everything everywhere all at once
One of the TOP 10 channels on KZread. That's a FACT.
I think that banking / commercial real estate and many companies have received from well off countries government assistance since the worldwide economic problems that happened in 2008 after suffering market crashes, and than was continued or started again worldwide in industrial well off countries during Covid. I think looking at counties that either by law always provide that assistance to the banks but still remain competitive or very carefully look at the insurances that back the banks and markets and look for ways to stay in the insurance amounts or find, like you said, find companies that do not rely on gov assistance, possibly find a variety of catastrophy insurance, and make sure your diversified in investments and savings you understand. If young or super wealthy, go ahead and take risks. But, don't rely on government that are capitalistic to be socialistic and take care of you because that is not guaranteed. Haircuts can turn into throat cuts.
Looks like my SPY CALLS ARE ABOUT TO PRINT 🤑🤑🤑🤑🤑🤑🤑
What about Credit Unions?
@melissanative1799
18 күн бұрын
I'M WONDERING AS WELL. NOBODY SEEMS TO MENTION THEM.
This should have happened 10 years ago but the market is manipulated so there's no way to tell when or if this would actually happen
@melissanative1799
18 күн бұрын
RIGHT BUT IF WE KEEP SPENDING BILLIONS AND CONTINUE TO WEAKEN THE DOLLAR, WE WILL EVENTIALLY HIT A WALL AND WITH BRICS GROWING WE WILL SOON SEE OUR DEMISE.
If is going down it will go down everywhere
US, Europe, China, Japan... all these are leveraged way beyond any reasonable business model. Real estate is definitely on the front end of this problem. Every country will be effected, some less than others. Even those that don't trade directly with the countries that are in trouble are still depend on trade with other countries that do.
@danielhutchinson6604
21 күн бұрын
You are correct about International trade deals and investments being interconnected. So what happens when the two largest Communist Nations decide that following Capitalism into economic ulcers is not something to aspire to? What happens to about 20% of the population of the Planet as they find they have money, that has no value? BRICS and their Associates appear to own around 70% of available resources on the planet. They will now determine the fate of Capitalism. If they do not feel we need to devote our attention to producing Capital with our efforts, who will stop them? That appears to motivate all good Capitalists to support attacks on Russia and China..... But that eventuality may happen sooner than later.
@adamselectricuniverse
21 күн бұрын
@@danielhutchinson6604 The Geo-political chessboard is much more complicated than that. China and Russia can call themselves anything they wish, but they aren't really communist, they are in fact fascist states, relying on private-public partnerships. This requires capitalism + government to function. The Russian Oligarchs and Chinese Immortal 8 families are in firm control and are the source of Putin's and Xi's power.Not saying they aren't a danger to the West, but the West may be an even bigger danger to itself.
@xman7695
21 күн бұрын
Though the weak point is that most politicians and people in power in China still benefit from capitalism, though probably not the free capitalism but more state controlled and domestic will come first. Even if it wasn't their money but lent by other countries. And while I agree that brics are gonna be way more important in the future, I doubt they can come together with their different interests and incentives. Maybe I'm wrong, we will see.@@danielhutchinson6604
The timing simply isn’t right yet. The crash historically doesn’t happen until the Fed starts to lower rates and the yield curve uninverts
A creditor that's a Secure Creditor can Collect from Humans part of the LEI.
Soooooo *MANY GOLD NUGGETS* *6TH DIMENSION CHESS*
Yes
@grewupindigenous
9 күн бұрын
You have to pay attention to the type of bank you put your money in and have some spare dollars if that occurs.
You are so correct.
Recklessly lending out money has resulted in sky-rocketing rate of deliquency across the Western world. This is becoming more and more worrisome amid volatile economic performances.
@blktauna
21 күн бұрын
Which is why its probably best those banks go out of business.
Do y’all realize how vocal Andrew is,most millionaires keep their mouths shut even most average people now a days.I mean Andrew can easily be passive and just brush all of this off of his shoulders.I tell people most times it’s easier to be passive and avoidant.But it is more challenging to believe in something and be confident about what you say and plus your able to stand on it and provide supportive reasons as to why you have the opinion you do.I have high respect for people like Andrew Henderson.
@JillandJack-vt6wy
21 күн бұрын
He's literally monetizing panic... Just like the mainstream media. If he can scare people enough to leave, they may pay his ridiculously high fees to help move elsewhere. Drive views to his channel? More money for him as well.
Tons of my money goes to a bank I wish would go under: The " Alimony bank of the ex-wife."
@LadiboiJoy
21 күн бұрын
Don't worry..it will..Putin's special operation is going world wide..based on Russian news...and all these low life .🐍♀️💵..will be banging on mens doors..when shtf.... remember MEN..don't open the doors to these 🐍 people..they will cry..and later put harmful substance s in your food....very sad but many of them live double lives 😮
@dealman3312
20 күн бұрын
Can you escape this by going abroad?
Andrew,talk about Saudi arabia mot renewing the petro dollar contract. How will this affect long-term finances living around the world. Exchange rates, retirement etc?
@brawndothethirstmutilator9848
21 күн бұрын
Drop in the bucket. The trillions in dollar denominated global debt that must be serviced in dollars ensures demand for the dollar for decades.
@melissanative1799
18 күн бұрын
@@brawndothethirstmutilator9848 SO DO YOU THINK THE DOLLAR WILL NOT GO AWAY FOR DECADES?
After the failure of Credit Swiss, is it a good idea to store money there??? Really??
@Ziegfried82
21 күн бұрын
I'd say there is no bank in the world that will be 100% safe. Gold is 100% safe.
@seetheious9879
20 күн бұрын
Well ironically it might be, if it was already under the magnifying glass and faced greater scrutiny. Better yet if the bank was nationalized then you can be sure it won't fall over without the whole country going bust.
You’re omitting a central piece of information. Which is that ANY sort of cash balance in a bank account is a loan you’ve given that bank. You become a low-ranking creditor in case of default. If you’re invested in pretty much anything and your bank doesn’t hold your securities in “street name” (READ THE FINE PRINT) on their balance sheet, you should be able to transfer your securities to another brokerage account. Yeah, diversification is important. But how many portfolios are people actually going to maintain?
@melissanative1799
18 күн бұрын
HE SAID THAT THERE ARE OFFSHORE BANKS THAT DON'T LOAN OUT YOUR MONEY.
Germany has the most banks in the top 10 safest, and Canada has one.
@Peglegkickboxer
21 күн бұрын
Canada's big 5 banks have been unfazed for decades, this may affect them for the first time but they won't fail like the overleveraged US and German banks.
@sheilakelly6015
20 күн бұрын
which bank in Canada is among top 10 safest? RBC?
@timphiey
20 күн бұрын
Canadian banks are all in turmoil 😅
@michaelfinger6303
20 күн бұрын
that top 10 is as trustworthy as the german wochenschau about the victories in the east 1945...
Nomad Capitalist: are you aware of "The Great Taking" by Tom Webb? According to his research, if you have money in any Western Bank or Brokerage, legally you don't actually own it. Do you have a solution for this? It also be great to have Tom Webb on as a guest.
@ApexCypher_
21 күн бұрын
The only asset ‘you’ can ever own is Bitcoin. Become self sovereign.
@quocodile
21 күн бұрын
"The Great Taking" by David Rogers Webb
@quocodile
21 күн бұрын
Dr Chris Martensen on his Peak Prosperity channel on KZread ran a webinar recently that addressed 7 strategies for protecting yourself from "The Great Taking". He looked at the book and its references in depth in his free KZread videos and in the paid webinar.
@dinosaur0073
21 күн бұрын
GDP per capita is the sum of gross value added by all resident producers in the economy plus any product taxes (less subsidies) not included in the valuation of output, divided by mid-year population. This is why the money owned by GOV. We just earn money 💰
@quocodile
21 күн бұрын
@@Raymond-wj4ol Dr Chris Martensen at Peak Prosperity goes into "The Great Taking" in a lot of depth in some of his videos on KZread. They also ran a paid webinar recently that covered 7 strategies to protect yourself from The Great Taking.
Canada too
The Lawful meaning of MONEY, = PRESCIOUS METAL'S.... Think about it.....
Can you post a list of strongest banks in world
@martinroncetti4134
21 күн бұрын
I think that he has already done this recently. You can also do an online search for ‘best run’ or ‘most secure’ banks in the world.
@Userhfdryjjgddf
21 күн бұрын
It's easy. There are none
@Userhfdryjjgddf
21 күн бұрын
The only thing that determines if a bank is stronger is will that bank get bailed out with taxpayer money or not
@BradleyT2p2
21 күн бұрын
ROFL, it's central banking. This video really misses the plot. Central banking means THEY control the printing and you have no say. That's inflation. They inflate the money supply without your say (counterparty risk).
@Ziegfried82
21 күн бұрын
He has already done this in a previous episode. One example is Singapore.
"Experts are talking" oh no, we're doomed!
Congress doesn't really care what the people think, though, when they do a bailout. Few people call their representative now and just send angry tweets. There were a lot of people who were skeptical of the 2008 bailouts - even representatives themselves, and it went ahead anyway.
print more money time!
How about the "outside" tax free / duty free storage in Switzerland ? To store gold....silver... ?
Andrew what is your opinion of HSBC in HK?
I thought banks borrowed the money based on deposits and then lend that money out ?
@northernking2604
21 күн бұрын
Problem is theyve loaned out way more money than they actually have on deposit... they call it leverage. Some western banks were at 30x deposits during the 07/08 crisis who knows what it is now
@allananderson949
21 күн бұрын
Legally I think they can leverage 40 to 1
@seetheious9879
20 күн бұрын
3% or so, they hate having "dead capital" just sitting around not turning into more money
@lisalyons5381
16 күн бұрын
They also play with the $$ in derivatives
The contagion effect will be huge. There's no place to hide in a debt based system. The only way is out (bitcoin)
@father88888
20 күн бұрын
if u cannot hold it(bitcoin), u dont own it....
Are Australian big four banks safe?
How do the banks make money storing saver's money without fractional lending?
@allananderson949
21 күн бұрын
Bank fees, maybe?
@wjpyle
21 күн бұрын
Holding short-duration high-quality government bonds
@lisalyons5381
16 күн бұрын
@@wjpylethen that’s not safe. They over value bonds. And if they are buying US bonds watch out bond mkt is gonna go down
With Labour in charge now… yes.
@romkahehe
17 күн бұрын
May I assume that you are talking about the UK?
My new favorite youtube channel.
@nomadcapitalist
20 күн бұрын
So glad! 🥰
Be your own bank. Own Bitcoin and self custody it.
Domino Effect. It'll happen on a Friday. Get ready. The preppers are safe.
Debt debt debt...no one wants to admit..good for you
I'm buying a bit more gold... Finding money from the government is a right and a necessity.. tax the way it is is theft. If it was a real fair share then i would be ok with it. But it isn't. I am not obligated
Those US banks were taken down, not falied on their own. Divide and conquer 😏😏
I heard banks and wall street stock market crash coming past 5 years . Meanwhile US dollar keeps going higher year after year 😅 😂 Maybe US economists are just guessing their way. Don't know anything. 😅 😂
Haha, jokes on them....I've got no money in my bank.... ...even though I run a small $1mil trucking/mechanic shop. Taxes and cost of business is so high in canada, and the never ending foreign workers justin is replacing us with, keep driving rates down
Offices are a huge cost, why would companies take them on? why go to a 'shopping center- when you can click and collect?
I am living in Mexico as a permanent resident. Can you recommend a couple of banks in Mexico to store money in for paying monthly bills? Thank you.
@rafaelcastillo2636
21 күн бұрын
No problems with BBVA Banco. The App works great.
@niningsetia4213
21 күн бұрын
My Ori primary Last night😂 Long sajadah 😂❤❤❤ Thanks
@niningsetia4213
21 күн бұрын
Ga gantung lageee Tanjung barat😂 DONE ✅ Noxx
@niningsetia4213
21 күн бұрын
Hhh
Canada has a new bank act of 2025 you should read it 😂😂
Oh don’t worry. They’ll raise interest rates and recover from the mortgages.
or just buy bitcoin no one can steal that no matter how hard they try
Yes, put your money in a Canadian bank…..unless you are a truck driver.
@sheilakelly6015
20 күн бұрын
what does this mean please?
@mikem3789
20 күн бұрын
@@sheilakelly6015Trudeau seized the bank accounts of truck drivers who refused the vaccine mandate.
@lisalyons5381
16 күн бұрын
@@sheilakelly6015during the trucker rally they froze their accounts.
omg a mouth open red arrow crisis!?!?
Did you all know investment banks like Fidelity does not insure your money? Also, how long does it take before you have access to your $250k worth of lost money? If it takes your bank 2 years to go officially bankrupt, do you get $250k at the end of those two years or does it take even longer?
@dealman3312
20 күн бұрын
And bail ins are written right into the Canadian budget.
@melissanative1799
18 күн бұрын
@@chrisa.515 BUT FIDELITY AND OTHER BROKERAGES KEEP YOUR MONEY IN A BANK RIGHT?
I wonder what is to be gained from continuing to push this surprise and alarm. Bank stock does not equal bank failure. Commercial Real Estate is an entity unto itself which is affected by lending rates and the ability for buyers to get loans. I understand the need for offshore/no loan banking and thats good. I whole heartedly agree you need currency diversification and the US in particular is bad with this. However pay attention to the insurance limit and don't be stupid. That's on you.
@lisalyons5381
16 күн бұрын
Well there’s some video that says FDIC is broke I’d the domino affect happens.
@blktauna
16 күн бұрын
@@lisalyons5381 i have a bridge to sell you if you believe that
Trustee, Executor Esquire... Period Point Blank, UNAPOLOGETIC.... You Better have a TRUST in place... We are the LAW..
It is amazing to me that banks can’t lend 10x what they take in but still can’t keep their sht together.
Indias banks are on a positive growth face every year as their CAGR grows by foreign investments as well.
I'm confused! Why is this considered a western problem? We have a global problem. When sX>T hit the fan during the Great Depression, wealthy people everywhere became poor.
4:02 ♀️🐍 party never ends till shtf
How about you talk about the hardest most secure form of storing your net worth. Bitcoin. Let’s end the control of money by governments. We need to embrace Bitcoin in the world.
@Rflows100
21 күн бұрын
Except bitcoin is SCAM. Trust in King Jesus and be blessed
@expatlifestyle2000
21 күн бұрын
The two largest holders are the US and Chinese governments. Stop touting digital currency and social credit scores.
@Ziegfried82
21 күн бұрын
@@expatlifestyle2000 yep it's a fool's gambit. Some fools got lucky with crypto but the vast majority lost their shirt.
@BeachGuyDave
21 күн бұрын
@@expatlifestyle2000 those two also have the highest gold reserves. What’s your point? There’s only 21 million bitcoins
@expatlifestyle2000
20 күн бұрын
@@BeachGuyDave easily trackable electronic money.
Can they touch the TREASURY....REALM WIDE? People can't Overstand Banking..
If you need an account/credentials to access your property, it is not your property.
Some banks are not loaning your money out, are you kidding me??? 😂😂Once you deposit the money into a bank, you become a lender. That is the nature of the banking system no matter where it is in the world.
@richbrewer8121
21 күн бұрын
I see that you are smarter than the average bear!
if i am not wrong if bank is shut down all exchanger will fall.
The US governments' answer? Turn on the money printer.....they've done it before, what could possibly go wrong? #Sarcasm
Yes It will be like a tsunami. Executive Bad Management, Government manipulation and crap regulations, SO Go Where You are Treat Best!!!! NOW WHERE HAVE WE HEARD THAT FROM???? 😂
The only thing that can save you from this is Bitcoin and you all know it, what are you still waiting for??
I recently liquidated $500k in Aussie bank shares and moved it into South American real estate. Main reason was too much regulation, not enough interest and a high likelihood of looming financial problems. Real estate is as good as gold in Latin America thanks to the ability to rent short term (airbnb etc), at well above market rates. F**k keeping lots of cash in any bank.
@whycanthebodiesfly
20 күн бұрын
Until inflation comes back with vengeance , in a carbon copy of the '70s, as it is. Then the consumer is stretched just trying to survive let alone renting an air bnb. Gold is the only thing as good as gold. Accounts with a private vaults in Singapore would be safer plus bullion held by you. Looking at the current shipping rates increase due to the red sea and factor in the lag effect of those increased costs being passed onto the consumer.
@inlovelyblue
20 күн бұрын
@@whycanthebodiesfly I'm not too worried about the 70's, I'm more worried about a shift away from conventional banks. And worried about what happens if the conventional banks are left holding all of the debt and none of the savings. Or if China decides to take Taiwan and everyone else decides to get involved (i.e USA, Australia, Europe, Singapore....)
@Dividendflywheel
19 күн бұрын
Smart strategy. Which country would you recommend
@inlovelyblue
19 күн бұрын
@@Dividendflywheel I don't make recommendations. Basically anything can go bad. I do like the Bogota content on this channel though. And I like that he promotes diversification of everything.
@lisalyons5381
16 күн бұрын
@@whycanthebodiesflycan you purchase gold and silver in Singapore and then store it there ?
NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
Why not just turn those buildings into HOMES. America got like 20 million new migrants. The government need to buy these buildings as foreclosures and force the migrants to work to live there subsidized. Turn them into communal centers and you'll have your 15 minute cities. This is why we bitcoin and precious metals.
@timphiey
20 күн бұрын
They've already built the FEMA Concentration Camps.
@defrank1870
19 күн бұрын
@@timphiey Aaaaaand just like that, you became a 🎯
Banks are always crying wolf , Since when do banks lose money ..
@disalazarg
21 күн бұрын
This isn't about banks losing money, but their clients.
@user-fw5fd3pq6m
21 күн бұрын
your comment just shows you have no idea how banking works. imagine thinking "banks have money". pfft, normie.
@ratsliveonnoevilstar1
21 күн бұрын
When their clients default
Buy silver
I dont have 250k so no worries 😂
Become self sovereign. Be your own bank. Bitcoin is the only asset ‘you’ will ever own.
@Rflows100
21 күн бұрын
Bitcoin doesn't allow people to be their own bank. Don't just jumble words together and expect it to mesh. True riches come only from King Jesus
@ApexCypher_
21 күн бұрын
@@Rflows100 Thanks for confirming you know nothing about Bitcoin.
@Ziegfried82
21 күн бұрын
Gold is being your own bank. Bitcoin?! Digits on a screen? Blockchain can't even overcome basic problems to become money, it looks to me like it's gonna be nothing but a speculative token.
Bitcoin gold and real estate. Let the system burn, economic Darwinism
@Ziegfried82
21 күн бұрын
Ah the two worst things to hold in a crash, lovely.
Buy XRP baby!!!
I believe there is a high likelihood they will crash it all and switch over to crypto Network. Xrp is being swt up worldwide and is capable of doing this. They have the real dollar stablecoin launching from Ripple later this year as well.
@Ziegfried82
21 күн бұрын
Yeah it could happen. From fake paper to fake digits on a computer.