Would this be considered a bad moment to enter the market given the recent price action, inflation, and state of the economy? Funny how I wanted to sell the Dollar and buy Euro

@mvanwie

Жыл бұрын

Prior to investing in the market, financial planning is crucial. To choose the asset that is most appropriate for your time and resources, it is important to seek professional guidance. Analysis is best carried out by a professional or with their direction because there is more to the market than just technicals and up-front fundamentals. I've noticed a substantial increase ever since seeking financial therapy.

@aliyunko9689

Жыл бұрын

@@mvanwie from?

@mvanwie

Жыл бұрын

@@aliyunko9689 After going through a few, it's better to check out locally, but for now, Juliet Eve Downey has been a huge help. a little low on ROI, but still worthwhile.

@alyoshaivanovv

Жыл бұрын

Our continual temptation to try to handle things on our own is what makes our finances unstable.

@joecaruso06

Жыл бұрын

@@alyoshaivanovv Having experienced quite a few and coming from years of losses. I see a substantial increase following Yvonne Annette Lively. You could look her up or better still, look out locally

Great video! For 2023, it’s hard to nail down specific predictions for the housing market is because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.

@ayamblaze8924

Жыл бұрын

Instead of trying to predict whether or not we’re going into more recession and keep losing your money, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every quarter according to Bloomberg.

@africanboi4542

Жыл бұрын

Every person is affected by this directly or indirectly. Taking myself for instance, Investments or stocks still retain their values very much but I'm still at crossroads on deciding if to liquidate my $113k worth of stocks or hold on to them cos I'm scared they might lose value.

@evitasmith6218

Жыл бұрын

@@africanboi4542 who is this individual guiding you? I lost over $9000 just last week, so I’m in dire need of a financial-planner.

@africanboi4542

Жыл бұрын

@@evitasmith6218 ELEANOR ANNETTE ECKHAUS is my consultant; I met her while watching a CNBC interview and later contacted her. She has since given me entry and exit points for the securities in which I am interested. You can look her up online if you require care supervision. I basically follow her trading pattern and have not been let down.

@anniezeng4587

Жыл бұрын

I was inquisitive and looked up her name on the internet. I discovered her website.

people have been saying this every year since the Euro was launched

@mcul3474

Жыл бұрын

It is until it isn't

@thailux6494

Жыл бұрын

Exactly. And with each new crisis, further integration makes the euro get stronger. Hopefully, this way once again, the pressure will not be big enough to break the euro but strong enough to force it to become stronger and adapt.

@thailux6494

Жыл бұрын

@pm Neither there is in india, china, indonesia, malaysia etc. Heck, even inside of europe, spain (e.g. Basque vs Catalonia), germany (e.g Nord vs Bavaria),etc. and, still, society works. Also, brexit was the best pro-eu publicity there could have ever existed. Have you seen its effects lol? Even northern ireland and scotland want to secede from the UK just to get back into the EU

@ebbeb9827

Жыл бұрын

@pm The UK was not in the Euro. Everywhere in Europe similar movements have virtually disappeared after seeing the shitshow of Brexit these last 6 years

@FizzyGajing

Жыл бұрын

@@thailux6494 That's European Union not Eurozone.

Stocks are falling and bond yields are rising, but markets still don't seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $150,000 stock portfolio, what's the best way to take advantage of this bear market?

@edelineguillet2121

Жыл бұрын

@@bernisejedeon5888 I’ve been on both end of the spectrum, I was investing on my own for about years, did my own study and analysis before actually buying, things became rather difficult not until a colleague introduced me to my current financial advisor. She has helped me convert my $50k portfolio into $350k.

@lolitashaniel2342

Жыл бұрын

@@edelineguillet2121 That's impressive! I could really use the expertise of this advisor, my portfolio has been stagnant.... Who's the person guiding you?

@edelineguillet2121

Жыл бұрын

@@lolitashaniel2342 my financial advisor is 'STACEY LEE DECKER'. I found her on a CNBC interview where she was featured Afterwards I reached out to her. she has since then provided me with entry and exit points in securities I focus on.

@yolanderiche7476

Жыл бұрын

@@edelineguillet2121 Thank you for this tip. it was easy to find your coach. and I conducted thorough research on her credentials before scheduling a call with her. Based on her résumé, she appears to possess a high level of proficiency, and I am grateful for the opportunity to speak with her.

"Till Debt Do Us Apart"...

@jimbocho660

Жыл бұрын

Lol

@izzyrov5814

Жыл бұрын

Nice one mate 😂

I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused, I'm a newbie and I'm open to ideas.

@sheliaswelttk2535

Жыл бұрын

I'll suggest you find a mentor or someone with experience guide you especially in this recession.

@williamskohler8337

Жыл бұрын

@@sheliaswelttk2535 I agree, that's the more reason I prefer my day to day invt decisions being guided by a invt-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a invt-coach for over 2years+ and I've netted over 1.5million

@gabriellewilson5625

Жыл бұрын

@@williamskohler8337

@williamskohler8337

Жыл бұрын

@@gabriellewilson5625 Sure, the inv-coach that guides me is Tracy Helene Aalvik , she popular and has quite a following, so it shouldn't be a hassle to find her, just look her up

@tomjason2495

Жыл бұрын

@@williamskohler8337 Just copied and pasted her name and her website popped up immediately, interesting stuff so far, about to book a call with her, I'll keep you updated on how it goes. Thanks

"Situation is much stronger now...", famous last words.

@athaswtf

Жыл бұрын

Hahahaha yeees! Much stronger with all of the countries even higher debt 😂😂😂

@PmmSoares

Жыл бұрын

You say that because you probably don't remember the state it was in the earlier 2010's. Now countries trust a lot more in Euro, and people also do so. Being out of the euro means losing a lot more than we are losing now, and most people agree with that. While americans love to hate the euro, europeans know it is fundamental so they can face economic crisis. So yes euro is much stronger and will not fail anytime soon.

@solaroid4442

Жыл бұрын

@@PmmSoares EU and US govt debt to GDP is 120%. In the meantime Asia is moving towards gold and commodities backed currency. EUR and USD are not worth the paper they're printed on.

@kg9799

Жыл бұрын

@@solaroid4442 go and buy roubles or yuan then haha

@naturewonderslive4169

Жыл бұрын

@@kg9799 HONG KONG, Dec 3 ,2013 (Reuters) - China’s yuan currency overtook the euro in October, becoming the second-most used currency in trade finance, global transaction services organisation SWIFT said on Tuesday.(Reuters) So it already surpassed Euro. People are buying rubble that is why rubble is getting stronger.demand and supply rule.

as a greek i think that our economy status is much better than it used to be in 2009. That year the level of uncertainty was extremely high, the salaries went for a sky diving but today we managed to stabilize the situation, but we still have a very very long way to go.

@manhoosnick

Жыл бұрын

Start repaying your debts and taxes dear greek friends, you guys are masters of tax evasion.

@yeah_reee

Жыл бұрын

@@manhoosnick As usual politicians always look the other way and focusing on other things 😐

@DonShei

Жыл бұрын

Your country got bankrupt and needs to be bailed out by other country members.

@gerhard7323

Жыл бұрын

2009 onwards was as much if not more about bailing out the French and German banks through the backdoor which had recklessly lent to Greece. Greeks shouldn't be so hard on themselves and your creditors shouldn't be so lenient on themselves. You can't have an irresponsible borrower without first having an irresponsible lender.

@manos6969

Жыл бұрын

Our purchasing power is litterally 0 with today salaries. 0 chance you live and work in Greece...

4:58 I think it’s important to remember that the austerity policy was democratically rejected by the Greek people in a referendum, but then autocratically enforced by the European authorities. (In order to save the financiers.)

@coolbuddydude1

Жыл бұрын

They can’t have their pie and eat it too.

When a banker or politician says believe me…..

The Euro will survive for as long as Germany is willing and able to underwrite it. That is as much a political question as it is an economic one. France gave Germany the single currency lemon in return for it not opposing German reunification and Germany has made lemonade ever since. Hence the 2008 Greek bailout wasn't some huge act of Franco-German generosity, they were effectively a backdoor bailout of French and German banks who had lent recklessly to countries like Greece with very little monies subsequently actually going to the Greek state.

@Jaapst

Жыл бұрын

Germany is getting destroyed by USA with the nordstream 1 and 2 bombed. Germany is going to be deindustrialized.

@thesecondsilvereich7828

Жыл бұрын

And to think ribbontrot though of this in 1940s to peg all other Europeans currency to the reichsmark

Every year its the end of the Euro or E.U crap. I can tell you now as someone living in Europe with whats going on now the bond among almost all E.U members and the need for the Euro is only getting stronger.

@AdityaJape

Жыл бұрын

nope you have very less population,no innovation . The best tip is to stay away from usa .

@devanman7920

Жыл бұрын

@@AdityaJape no innovation? Someone's not doing there research I feel. Did you know the entire global chip market relies on one European company.

@rosskrizevac9777

Жыл бұрын

​ @De Van Man The union is a sinking ship, its collapse will be hastened this winter when there will be no gas to heat their homes.. Since the formation of the union the Americans have gone on to produce the likes of Microsoft, Google, Apple, Amazon, Tesla etc what have the Europeans got to be proud of ? ASML alone is not enough and most probably it will be sold to TSMC or Intel

@memnem3787

Жыл бұрын

Europeans keep crying out loud they are best in world Era of European supremacy is over

@AdityaJape

Жыл бұрын

@@memnem3787 ended long back.

Only winter will tell

@RazorMouth

Жыл бұрын

What are you on about. Our gas storages are full and we're importing massive amounts of LNG

@kayjr9795

Жыл бұрын

@@RazorMouth it will be a shame of something happened to those storages

@RazorMouth

Жыл бұрын

@@kayjr9795 And what could happen? 🙄 Looking for a war with NATO? You realize that NATO is the equivalent to 3 times the size of the US military? 😂😂😂

@alchemist7412

Жыл бұрын

@@RazorMouth NATO is very weak. Remember Russian invasion of Germany ;)

@gfys756

Жыл бұрын

@@RazorMouth What's NATO gonna do? Send a strongly-worded letter? Y'all scared of Russia.

When they explain how bonds go up and down in price in relation to credit rating, they neglected to add that it’s not just credit rating. There are other factors, such as current coupon rates being offered on the primary market. As rates go up, the price of existing bonds go down, and vice versa. The further away the maturity date, the more volatile the reaction to these changes.

Betteridge's law of headlines: Any headline that ends in a question mark can be answered by the word no.

@gerhard7323

Жыл бұрын

To be fair I think that was the point/conclusion of the film.

@paulgomez3480

Жыл бұрын

Same here, My portfolio has been going down the drain while I try trading,l just don't know what I do wrong

@rossameg541

Жыл бұрын

Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade

@richardwalker6625

Жыл бұрын

@johnnystroud2495

Жыл бұрын

Here in Canada Expert Mrs Mary Callahan Erdoes carries out the both orientation and mentorship potentials

@javieretasca5344

Жыл бұрын

I stumbled upon one of her clients testimonies and decided to try her out...I'm Expecting my third cashout in 2days

That was when Germany was the strongest EU country and could help support the Southern countries, this is changing now very rapidly and with both NordStream pipes cut off, the outlook is rather grim.

@waichungsham1578

Жыл бұрын

I wonder who sabotaged the pipeline 🤔 America is offering selling liquid gas at extortionate prices 🙄

@romeoandjuliet6522

Жыл бұрын

You aee right

@izzyrov5814

Жыл бұрын

True. The situation now is different.

@certaindeath7776

Жыл бұрын

nah, energy will become a bit more expensive, but that will not cut that hard into the margins. the growth of the euro zone will slow down a bit with this, but it will also will make more urge on alternative energy sources, so there will be groth in some sectors, and some might even shrink, but in total, the euro zone is probably the most stable economic area in the world. usa has much more risks to deal with. china is not comparable. japan is an island and a smaller economic zone. south korea has its neighbours. taiwan has its neighbour...

💶 is convenient for travelers, but it seems to be troublesome for some countries not to be able to decide interest rates by their own. Financial matters are different in each country

@MarkWTK

Жыл бұрын

at least they got more cohesion in bond issuances... benefit those with poorer financial standings... plus, they can coerced countries to play by their political rules, I e. hungary. tho the latter is controversial

@frankthetank5708

Жыл бұрын

@@MarkWTK Hungary doesn't even has the Euro. Doesn't make much sense therefore.

@MarkWTK

Жыл бұрын

@@frankthetank5708 true. but I think they're receiving part of their budget from the EU. which is why the EU is thinking of rescinding the funds unless Hungary resolve their democratic issues and anti corruption. the EU is also mad at them for allowing a Chinese university to be established there. only the second one outside China.

@frankthetank5708

Жыл бұрын

@@MarkWTK The problem is not the Chinese University, but that they've allowed to open this one and have closed another one, funded from a NGO, without proper reason. If you want to be member of the EU, you have to make sure, that corruption in the government is reduced to commonly agreed minimum standards. The fact, that Hungary is making the opposite and giving away EU-subsidies to friends of Mr. Orban will be punished. After nearly 10 years and many jurisdictial orders that have been neglected.

@Sjanzo

Жыл бұрын

Spot on !

One huge problem is that countries are not equal in EU.

@alr6111

Жыл бұрын

US states arent either. We have California, New York, Texas and Florida funding the entire deep south.

@tanvirabedrahad6205

Жыл бұрын

Rightfully so

@AkyraNN

Жыл бұрын

Yes and states in America aren't equal also....

@HohenEU

Жыл бұрын

how are they not equal

@schtreg9140

Жыл бұрын

Eurozone countries are even more economically equal than US states. The inequality from Athens, Greece to Vienna, Austria (two cities I've lived in) is less severe than the difference between Jackson, Mississippi and Los Angeles, California. In nominal terms we're talking about $40k to $55k from Athens to Vienna vs $45k to $65k from Jackson to LA. In PPP adjusted terms, the European economies are even closer. And Greece has started to shift its economy and turn it around since 2008.

It’s been 20 years news have been calling the “end of the euro” … stil there.

Even with ‘stringent condition’ in place, I wonder what new and destructive activities have been encouraged by a statement such as ‘we’ll do anything it takes’?

@pasiutrial

Жыл бұрын

EBC printers go brrrrrrr!!!!!!

This seems interesting, I’ll save it to watch later. The title brings to mind the views of the late Lee Kuan Yew on this subject in his book “One Man’s View of the World”.

@TheMap1997

Жыл бұрын

What did he says?

@secrets.295

Жыл бұрын

@@TheMap1997 Basically what he said about Europe is that Europeans are lazy, welfare is destroying the continent and the EU is never gonna work because one cenrtral bank cannot cater to multiple countries

@SKAOG21

Жыл бұрын

@Secrets. Last point is especially true, because monetary policy of the ECB caters to Germany and France because they're the countries with clout. There's other Eurozone countries with 15%+ inflation, yet the policy rate of the ECB has just become 1.5%. Eruzone countrie sare not all in the same part of the economic cycle, so Germany and France benefit at the expense of smaller Eurozone countries.

love the language they use in this video (quite obscure) specially the last sentence.

To be an enemy of America can be dangerous, but to be a friend is fatal from Henry kissinger

@codycast

Жыл бұрын

Huh?

@MalfosRanger

Жыл бұрын

It’s fashionable to misquote Henry Kissinger when you want to stick it to the United States. Not that this is relevant to the video.

@playerish

Жыл бұрын

@@MalfosRanger I think it's quite relevant to hear his words until this very moment.

@N1ckZ

Жыл бұрын

"USA bad"

@johnisaacfelipe6357

Жыл бұрын

​@@N1ckZ in this case, it truly is, look at the nuland pyatt 2014 call, the ukraine - russian conflict started because the U.S coup'd ukraine.

And this is spreading to other parts of Europe (shows Irish flag which is doing incredibly well)

@jobakun3055

Жыл бұрын

It’s doing incredibly well now, but in 2009-11 it was at high risk of debt restructuring (see the Irish yields at 6:10)

@saltymonke3682

Жыл бұрын

@@jobakun3055 not well since Irish debt to their actual GDP ratio (not the leprechaun GDP) has surpassed 110%

Individual european countries are not strong as when they are together. That’s why the EU was born and it makes sense to eliminate the borders. But using the same currency while not on the same economy level will only lead to disaster one day. If the investors don’t see a weak point in euro they won’t waste their time to bet against it.

@RazorMouth

Жыл бұрын

We already had disaster, 2008 and we survived. This crisis is nothing compared.

@thamiordragonheart8682

Жыл бұрын

it's entirely possible to manage, it just requires large scale consistent wealth transfer to stabilize they system. That's what the US does. rich states like New York or California pay significantly more in federal taxes than they receive in federal spending, and poor states like Louisiana receive more than they pay. The problem in the EU, at lest in the past and very near future, is that it takes a very strong sense of shared identity for people to put up with that.

@BrokenSoldier1515

Жыл бұрын

Thats why they have euro so that their internal markets are considered one and are never competing against each other, more over they have very strong options for punishing a country like poland and hungary if they try to destablise their economies.

@rokmare

Жыл бұрын

Accumulate Europe debt as EU debt is even more dangerous because if a fire starts in one country it will spread like wild fire within the block even well develop nations will suffer since it's no longer a one country problem and when that happens the will just be pointing fingers instead of actually solving the problem like we seen before

@medler2110

Жыл бұрын

@@BrokenSoldier1515 Poland and Hungary aren't in the Eurozone.

The crazy part is that the country`s with most separatists are also the country's with the most unsustainable debt. And they all blame the Euro and the EU for their problems. It`s a bobble of narcissism at it`s worst. Reality is that a lot of the nations are not on a level of accountability that makes this system sustainable over time. There could be a new union with the northern European country`s . As far as i can see it would even be more rational to have a union with South Korea and Japan, rather than some of the southern European nations who are super corrupt and run by mafia. Nations that are able to stay democratic, capitalistic, and respect the rule of law and so on should stick together and also have zero problems of doing so. Hungary, Greece, Italia, Poland are maybe better of on their own. Then they can stay accountable for their own problems instead of blaming others for the consequences' of their own toxic short term thinking politics ( Debt that they cant pay for).

@saltymonke3682

Жыл бұрын

the crazy part is Italian and Spanish economy are doing worse after EZ

Same currency with different fiscal policy is like one of your foot going to the left and the other one is going backwards while your body wants to go forward.

Gorgeous reporter

I think the eurozone will survive, if only because we can now look at what happened to the country that left.

@benjiwatson2368

Жыл бұрын

No country has left the eurozone.

@briantitchener4829

Жыл бұрын

Which country left the Eurozone? The U.K. left the EU with the Pound, which, despite its recent 'hiccup', bounced back to regain its previous rate against the dollar. The Euro is STILL below parity with the Dollar (17/10/22).

@benjiwatson2368

Жыл бұрын

@@briantitchener4829 the EU isn’t the eurozone.

@briantitchener4829

Жыл бұрын

@@benjiwatson2368 I know that. That's why I said the UK left EU, NOT the Eurozone.

@saltymonke3682

Жыл бұрын

lol, clueless comment is always hilarious

Fine reporting. Thank you.

@CNBCi

Жыл бұрын

Glad you enjoyed it!

@Marcus_K

Жыл бұрын

Clickbaity headline though, as there isn't a risk of the euro breaking up. The last guy in the video said it all.

@stephenford8775

Жыл бұрын

@@Marcus_K So because the last guy said so, he's not going to say, we're going to collapse tomorrow.

Croatia will join it on January 1st 2023 and become the 20th member. So euro is here to stay will be expanding to more countries such as Bulgaria Romania Montenegro etc.

@grassytramtracks

Жыл бұрын

Montenegro already uses the euro, albeit unofficially

@AdamSmith-gs2dv

Жыл бұрын

Those countries may never join. While the EU says the Euro is mandatory its really not because to meet the requirements for joining countries need to join voluntary organizations. This is why Sweden doesn't use it, they have never joined one of the voluntary organizations and thus don't meet the requirements

@Farhankhan_the1

Жыл бұрын

@@AdamSmith-gs2dv they actually had a referendum and they will join it when polls started indicating an appetite for it. A lot of countries stopped the progress for adopting it is cause of 2008 and 2012 crisis and throw in 2020-22.

@BrokenSoldier1515

Жыл бұрын

@@AdamSmith-gs2dv sweden, britain and denmark joined it at a time when EU was not that strong, denmark later pegged itself to euro, for britain and sweden they were considered too important and never were forced but now eu is trying to force these countries, I cannot say for sweden but certain countries like czech republic are actually under huge pressure to join euro.

@Farhankhan_the1

Жыл бұрын

@@grassytramtracks yep when they join the EU and become an official user they’ll be called 22th member or whatever, I think all three non EU but nato members of the western balkan will join the EU.

Only time will tell.

Yes. One can hope.

The country with the most common reserve currency is somehow critical of the region with the second most common reserve currency. How surprising. But actually fiscal integration was always planned and eventually EU-bonds will become the standard. That’s also how it happens in the US as the Dollar faced similar challenges for a period of a century.

@certaindeath7776

Жыл бұрын

yeah, its inevitable.

I think value of euro will start to climb again in about 10years. As a collectible.

@weswest8666

Жыл бұрын

😂

E.U. is very huge? Not surprised it will split and breakup! Britx is the only beginning?

It's basically Germany bailing out Greece over and over 😂

@SolomonSunder

Жыл бұрын

Germany has no choice to bailout indebted nations or else it sees a recession coming its way. At the end of the day, Germany also needs these countries as markets to pay for high priced German goods.

@rsrs8632

Жыл бұрын

Germany made debt at a low intrest, and loaned the money to Greece at a higher intrest, pocketing the difference. Thank you Greece and financial markets! If you need help like this bailing out, let us know 😎

@Max-ve5tu

Жыл бұрын

@@SolomonSunder Yes and no. Exports to Greece and Italy make up a very insignificant amount of Germany's economy. It is obviously better for Germany to have them open and buying from them, but it is by no means a catastrophe for Germany if Italy or Greece suddenly couldn't.

@lv3609

Жыл бұрын

@@rsrs8632 It was Goldman Sachs who “cooked” Greece accounting books and lent them money. You have to see who profited on Sovereign debt Crisis: Wall Street and The City.

@gerhard7323

Жыл бұрын

True, but in turn it is also bailing out itself, not least because as a major global exporter it benefits substantially from having poorer nations within the Euro helping to suppress the value of its currency.

Sweden and a couple of other countries didn't adopt the Euro while being in the zone. Did it work better for them? As far as I remember the NOK went lower even though they have oil. 🤔

@lioraselby5328

Жыл бұрын

the norwegians probably were purposefully devaluing their currency to make their exports (like oil) cheaper

@gregvanpaassen

Жыл бұрын

A floating exchange rate is very useful. It's not hard to understand.

@u.s.navy_pete4111

Жыл бұрын

@@gregvanpaassen So why don't California and Alabama have one?

@igypop.

Жыл бұрын

@@u.s.navy_pete4111 do you really need an answer to that question??!! 😂

@saltymonke3682

Жыл бұрын

because high NOK is bad for the Salmon business, same things why Swiss regularly intervene to devalue their CHF. Bad for exports of chemicals and chocolate. and the economy is way better outside of the Eurozone.

It is so funny to see all these negative reports about the euro and the europeans in general how they probably cannot afford bread in the near future. So happy to live in berlin and not in the us somewhere where i would be worried so much more about the future. Will see.

This is the major problem with the euro. It comes with great economic opportunities, but the fact that one country can risk the currency of dozens of countries is outrageous

"Will not attempt to bet against new Eurobond area" well there you just encouraged banks and shorters to bet against it 🤣

Should be ok just so long as Germany, a global manufacturing and exporting behemoth, can re-source vital cheap energy supplies previously supplied by Russia.

If it didn't crash in the 2008 crisis it's certainly not going to crash now.

@AdamSmith-gs2dv

Жыл бұрын

It's worth less now than it was in 2008

Media "Is tTIs thE ENd oF EuRo?" Media "IS thIS ThE eNd Of POund?" Media "iS ThIS tHE eND oF dOLLer?"

@spider6660

Жыл бұрын

Above all, Is this the end of the Chinese economy.

@Truthseeker88888

Жыл бұрын

Or all 3 in place of a 1 world currency, as the goal.

@N1ckZ

Жыл бұрын

@@Truthseeker88888 😂😂😂😂 I love conspiracy theorists that aren't experts in anything and have a degree in absolutely nothing

@Truthseeker88888

Жыл бұрын

@@N1ckZ A degree? So you need the appeal to authority fallacy to form an opinion? Think for yourself. Observe what is going on around you. 🤯

@N1ckZ

Жыл бұрын

@@Truthseeker88888 people that don't have one, become like you. No educated person believes in conspiracy theorists. You are acting like as if wars and inflation are something new. That's what happens when you don't know anything about history. Today there are fewer wars happening around the world than at any other point in modern history. Also, inflation was always a thing, ever since money was created in fact, but you are acting like this is some conspiracy because it went up ~10-13% this year. In 1923 in Germany, inflation was 29500% and no one could even buy a bottle of water. In Hungary, in 1946 inflation was at 41,900,000,000,000,000% (41.9 quadrillion percent). The world right now is richer than at any other point in human history. In 1900s US citizens were only earning 4$ (in today's money) per day. Before, it was even less than that. I wouldn't be surprised if you don't reply.

Where is Croatia (member of the EU) on the puzzle board?

@augustine.o6190

Жыл бұрын

Croatia will start using the euro from January 2023

@liberoAquila

Жыл бұрын

Croatia will enter the eurozone at the most critical time in EU's history. The kuna has never been a real currency, just a proxy for the euro and the deuteche mark.

@vbudak1

Жыл бұрын

@@liberoAquila, so I would like to be a bit more enlightened and I’m happy to read it. Cheers!

Wow the reporter is stunning

@spechund7109

Жыл бұрын

Lol my guy get out more 😂 see women like that on the street where I am every day

There is no better protection against the euro crisis than successful structural reforms in southern Europe. -Mario Draghi. Unfortunately, I was st*pid to have bought more of the euro against the dollar now I'm in absolute red.

This guy : No one will bet against the Euro zone... Me : (who went short on EUR/USD when the Ukraine invasion started ) 😆😆

That would be great!

For the best interests of Europeans, let us hope so. The EU is a construct engineered for the benefit of Germany and the Bundesbank only - no-one else can show any evidence that they wouldn't have had exactly the same economic results if they had been outside the eurozone. That is not my opinion, but the result of a thorough and controversial (for which read buried by the EU) study by a leading US economist.

@schtreg9140

Жыл бұрын

Oh thanks. If you mention that this nonsense was said by a US economist, then there's no reason for us Europeans to debunk it anymore since 99% of what Americans say about Europe is deeply ignorant. Even the academics suffer from derangement. I'm still waiting for the "coming collapse of the euro" as it was prophesized every year since its introduction. Or how Europe is allegedly running out of energy and destroying its industry. So far I have no problem heating my home and paying the bills with the euros I earned in my industrial job.

The Euro is the best thing to happen to Europe in the last 100 years. Can't wait for my country (Croatia) to officially join next month, will be so much easier to travel (especially since we're also entering the Schengen area) and trade.

Europe needs Kwasi, he is availible.

@schtreg9140

Жыл бұрын

Made me chuckle

The Euro is scheduled to be replaced by a new currency called the Eurine.

They could issue EUR 750 billion because “Europe has no debt”. Crazy.

@TheGesox

Жыл бұрын

Nice Accounting i would say 🤣

Nice film, but you can't have a serious discussion about the Euro failing without mentioning TARGET 2 imbalances.

The graph they use at 1:30 does not show the debt to gdp for just the euro area but for eu contries. The report from eurostat that they have sourced it from states clearly that its goverment debt to GDP for EU contries and not just for the euro area. The change therefor made in the title of this graph and its representation are a bit misleading.

I give it 5 more years...

@tomlxyz

Жыл бұрын

That's what they said 20 years ago

@vexversaa239

Жыл бұрын

@@tomlxyz Exactly, and nothing happened.

@rokmare

Жыл бұрын

@@vexversaa239 a few more wars from the US dragging the EU along will do it really

@redwhite_040

Жыл бұрын

that long... hope that my country (NL) quits earlier

@giulianoilfilosofo7927

Жыл бұрын

@@redwhite_040 Your economy is too internationalized to quit. But don't worry, Germany will do it for you as soon as they realize that the single currency has served its purpose.

Hopefully

I hope so.

Market makers against retail that's all. When 70%+ buybuybye= bye I'm bearish, 70%+ sellsellSir=I'm bullish lol. I'm buying quality companies with direxions ETFs tho, raise cash when spike and buy every dip. Sometimes it's bloody but lions loves blood! Big boys hate guys like me 😆

The end should happen years are go now or never drop them forever

There are several other currencies are doing worse than the euro: pound, Japanese yen, Turkish lira, Argentinas pesos, why don't we hear the same thing about those currencies?

@bob_0146

Жыл бұрын

Pound is worth more

@sid35gb

Жыл бұрын

@@bob_0146 lol nope it’s very close to the dollar at the moment because the U.K. has a bunch of rich conservatives looting the economy at every opportunity. And who are clueless about fiscal responsibility.

@HohenEU

Жыл бұрын

@@bob_0146 u know that the pound lost like 29% in the last 20 years to the euro?

@saltymonke3682

Жыл бұрын

@@HohenEU ofc, to make British service and goods more competitive in the EU and elsewhere but not 29% since 20 years ago. just like Swiss with its CHF, they intervene regularly to devalue their currency because of the money influx, otherwise their exports are less competitive with the afrench.

@pedrolopes3542

Жыл бұрын

@@bob_0146 tell me you don't understand what currency weakness means, without telling me you don't understand.

if you view EU collection of countries like the US is a collection of states, states operate as a debt to gdp ratio of about 20%. But quite a bit higher in the euro area. I wonder when debt jubilee becomes real policy. who the hell are we paying back anyway? Mars?

People kept asking them since it started 20 years ago but never happened so far

@u.s.navy_pete4111

Жыл бұрын

It's terribly boring by now.

@MegaPablo57

Жыл бұрын

The great difference now is the war on ukraine , the real reasson of this are the eu sanctions against russia , and euro could fall to 0.70 on winter, without russian gas the economy will continue suffering.

@u.s.navy_pete4111

Жыл бұрын

@@MegaPablo57 Nah.

@MegaPablo57

Жыл бұрын

Wait

1:35, the title should be “across the EU countries” instead of “across the Euro area”

Is what the end of the euro? It looks like the end of the euro as a hexagonal nut.

NO! Its crashing for 20 years. Click bait title

Interesting! No one had this idea in Europe - well now that you're having a story America perhaps someone will start to talk about in Europe too! It doesn't seem any worse than usual - well, I guess you think that it's a story over there!

As soon as greece put out its debt fire then they were told to cut off their gas lines. They have to be pretty dang frustrated right now...

I never thought that this will ever happen. But with the Brexit and then Meloni winning the election. Seems like that will happen soon

Ah the standard "euro is collapsing" narrative. Almost a full year since the last one

@gerhard7323

Жыл бұрын

If you actually watch it it doesn't seem to arrive at that conclusion.

@luciferin22

Жыл бұрын

@@gerhard7323 please don't bother me

@gerhard7323

Жыл бұрын

@@luciferin22 I wasn't 'bothering' you I was informing you. Of course should you ever bother to take the time to watch it you'll find that out for yourself.

@luciferin22

Жыл бұрын

@@gerhard7323 stop harassing me!

What does europe have to back up their currency? The USD have American technology and military, the Yuan have China manufacture, even the GBP is helped by London being centre of banking service (including money loundry centre).

@memnem3787

Жыл бұрын

Wokeness and human rights

@mikello007

Жыл бұрын

all of the above and more diverse, spread across all members?

@saltymonke3682

Жыл бұрын

well, UK is not just the financial center, but also de facto largest land owner in the world through the Crown. And also advanced manufacturing sector including tech. While EU is backed by..... Herr Schmidt and Baguette

@saltymonke3682

Жыл бұрын

@@mikello007 all members?? lol what Tech does the Greek has?or Portugal?

@mikello007

Жыл бұрын

@@saltymonke3682 as your example of US or China is not just the only thing you mentioned. Economies are complicated. I would argue if country is know for one thing only, it usually sign of not being diverse enough and usually gets in trouble if that specific part of economy doesn't do well. Every country in EU do bit of everything, some specialise in certain fields more than others. I don't know what exactly Portugal or Greece do, but from top of my head, Greece has one of the biggest shipping industry in Europe.

Max was here

Euro, according to US and UK, was supposed to end 10 years ago, the same as the world end.. This crisis will pass and euro will regain against dollar again

@saltymonke3682

Жыл бұрын

you haven't got out of the Eurozone crisis lol. ECB is still doing QE even before the pandemic.

@diogorodrigues747

Жыл бұрын

@@saltymonke3682 Yeah, that's why Europe had much lower levels of inflation in the 2010s and a great economic situation from 2014 to 2019 (in fact, if was not for the war, Europe would be growing a lot in the next years, much more than the US or the UK).

@saltymonke3682

Жыл бұрын

@@diogorodrigues747 great economic situation from 2014 to 2019???? hahahahahaha..... ECB was still doing QE until September 2019 after the 2008 recession and Eurozone debt crisis. Lower inflation? low inflation is a sign of low growth in an advanced economy, you need a controlled baby inflation to sustain growth, that's why US target inflation is 2%, not 0. Even Japan have tried to raise their inflation from deflation since 1990s. Eurozone GDP number is skewed by Leprechaun economy like Ireland, where their REAL GDP is just around 40% of their stated numbers due to tech giants and pharma transit profit scheme to Bermuda, same with Luxembourg and the Netherlands. If EU economy is so strong, you don't need QE anymore like US and UK, last QE in US is in 2014. They're reversing QE ever since until the pandemic. UK economy however was still growing even during the pandemic when EU was not just not growing but also shrinking.

@diogorodrigues747

Жыл бұрын

@@saltymonke3682 That QE thing ended in 2015, and the average growth of the EU from 2014 to 2019 was around 5%. Stop lying...

@diogorodrigues747

Жыл бұрын

@@saltymonke3682 *low inflation is a sign of low growth in an advanced economy, you need a controlled baby inflation to sustain growth, that's why US target inflation is 2%, not 0* Well, that's not always the case. Swiss inflation rates are mostly below 0% and they're not going bankrupt anytime soon. One of the reasons why the Eurozone has really low levels of inflation compared to most of the world is because the banks sell their own services in great times, controlling inflation since they don't depend exclusively on printing money. This is a completely different policy to the one used by the FED.

reporters dont understand whats really going on

LETS HOPE SO

The stronger economic countries in Europe needs to lay down stricter requirements for the weaker ones. There seems to be an attitude problem with many of the Southern European countries like Greece and Italy. I don't know if it has to do with corruption or just a lack of structure, but the fact is that they have had ample time to come up with new measures but simply have not managed to do it. At some point, Germany have to stop the financial aid.

@johnl.7754

Жыл бұрын

Or maybe warmer weather…worldwide most countries in colder regions seems to do better economically unless you have a lot of natural resources (like oil)

@Max-ve5tu

Жыл бұрын

@@johnl.7754 Almost the entirety of the United States is at the same latitude (or further south) as Italy, Greece, and Spain.

@bunnylarese2161

Жыл бұрын

Germany is the problem, it’s hilarious how ignorant you are. Germany told Russia that Crimea is theirs and gave tacit approval to invade Ukraine. Germans are war mongers.

@neptune1525

Жыл бұрын

Italy is the world's 9th largest economy and a member of G7. Very 'weak' indeed 💀💀

@Max-ve5tu

Жыл бұрын

@@neptune1525 That just makes it even more shocking that you are incapable of keeping debts down.

People love the EU doomsday stories. The fact is that the EU is growing stronger and more united - heading towards federalization. The Eurozone is growing with Croatia next year and several other countries are still seeking to join the EU and Eurozone.

@oscarm.1417

Жыл бұрын

Dead man walking.... call me when northern countries agree to mutualization of debt. Until them the EU is nothing but a train wreck in slow motion.

@alchemist7412

Жыл бұрын

Nah, Poland just asked Germany for war reparations ( 1.3 trillion $). Hungary is planning to leave EU after Brexit.

@thechosenone1533

Жыл бұрын

​@@alchemist7412 Absolutely no one,not even Poland expects Germany to actually pay any reparations. That's just playing to the base at home.

@thechosenone1533

Жыл бұрын

That's the problem. The EU is getting to federalised for many people's liking,to the point of interfering in national affairs and reducing sovereignty.

@joexavier4070

Жыл бұрын

If sovereignty questioned,then lot of countries will do exit

Excellent journalism! Thank you!

Why would the debt endanger the euro. Debt is bought by investors, who should bear the risk. They should lose their money if they give bad debts. All this should be not related to the Euro.

@medler2110

Жыл бұрын

Becuase investors are more reluctant to buy the debt if they feel it so large there is a risk of default on payments, so the more risky the more the interest on the payments.

@saltymonke3682

Жыл бұрын

if you give investors bad debt, your currency will be worthless in no time. Just ask Zimbabwe

It's currently not in any EZ member states' interests to pull the plug on the Euro, least of all the most indebted ones but this also applies to Germany. Germany is, indirectly, giving them a free lunch and as long as it can afford to do so, is willing to do so and, perhaps most importantly, its population is either ignorant of this situation or happy to do so, then it will continue.

@igypop.

Жыл бұрын

they have no choice..

@gerhard7323

Жыл бұрын

@@igypop. Arguably they don't, but the EZ is essentially.built around a conspiracy of silence and ignorance.

@igypop.

Жыл бұрын

@@gerhard7323 more like repression, Jordan Peterson said it best; "lie..!, or else.."

@saltymonke3682

Жыл бұрын

because for Germany more EZ countries mean more market for their goods

Now we are protesting on the streets….

Buy when prices go down. Meaning time to buy Euro.

Not confident in the euro. Great idea, but not sustainable

hand book for stats quizzes : 1. chegg quizlet nd gogole 32 use graphs charts cuaclutors 3 have kang hel pme 4 tab back and forth very frwuently 5. one attempt for vyr quzii adn three attmepts for wveyr skils quiz

Yes in few

this is the last Christmas Euro together.

Did you just hand an iPhone out to random people to shoot this? The wobble cam and clumsy zooming at 0:30 and weird panning at 2:00 is really distracting...

The UK has the highest taxes for 72 years and its still broke, that tells you something is drastically wrong and it cant go on the same way in the future. We are not the only Country in this mess the whole of the EU is in a worse position

@a.r.stellmacher8709

Жыл бұрын

Nothing is worse than UK at the moment

one more stats final on wednesdya 150 dolalrs one more final next tesuday for einvoemtn and 60 dolars.

Fed is slowly decreasing M2 via redemption when their bonds expire. Meanwhile, Treasury needs to borrow $1.5T per year due to deficit. Drives bond rates at all duration from 2, year to 30 year. TLT lost >55%. Mortgage 30 year rates are at 8.5%. Going higher. End game is a recession. Euro will get her due to hi USA interest rates.

In a word NO.

fear... be afraid

Stop being silly. The Euro has withstood multiple crises now.

hand book for stats quizzes: 1 chegg quizlet and google 2. use graphs charts calculators 3. have kagn helep me 4 tab back and forth very frequently 5. one atttmept for evyr uqiz adn thrre attempt fro eyvek isls quiz.

Why is she playing a puzzle?

So Britain and everyone in the EU is also suffering so no gain for anyone and seems a recession is inevitable for even for the big Europe.

I think most eu Nationals would like to go back to their own currency.

@marcioborgesreis9066

Жыл бұрын

You wrong .

@olaf9957

Жыл бұрын

@@marcioborgesreis9066 actually, i'm right, at least for France where I live. The country voted against Europe in a referendum in 2005. The ruling of the people was overruled by the establishment. But since then, the hate of the people against this union as been getting worse. When you go against the people in France, history shows that the people win in the end.

@marcioborgesreis9066

Жыл бұрын

@@olaf9957 70% of the French suport the euro .

@olaf9957

Жыл бұрын

@@marcioborgesreis9066 the last time the french were asked to express their opinion on the matter was in 2005 and they said no.

@marcioborgesreis9066

Жыл бұрын

@@olaf9957 there was no referendum on the matter ... in 2005 there was a referendum in France about the EU constituition , not the euro .

Well, they put MARIO in charge of EURO, what do you expect?