Unprecedented Crisis: Domino Effect Of Defaults On Horizon | Nomi Prins

Dr. Nomi Prins, best-selling author and geo-economist, discusses the permanent distortions on the economy created by central bank policies, and the dangers facing the economy in 2024 and beyond.

*This video was recorded on May 8, 2024

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*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.

0:00 - Intro
1:00 - Economic slowdown
6:13 - Collusion
9:56 - Shifting of super powers
12:50 - U.S. dollar hegemony
15:00 - Fed rate cuts
20:43 - Inflation
22:43 - Domino effect of failures
24:20 - Labor market
25:24 - Geopolitical risks
29:00 - Investment implications

#investing #banking #economy

[barbmol]

I like how she explains the economic situation so comprehensively, very simply & down to earth.

[mikhailmamontov]

Why are we still voting for politicians who do not want to stop government's borrowing?

[itshimhim]

There IS NO growth in the economy /GDP…. Our GDP is govt overspending. Thanx voter

[graceamsterdam]

Thank you 🙏🏼 I much appreciated how clear and straight forward she explained her views.

[thane]

Fellow audience members: you know you'll learn a lot when Dr. Prins is on!

[mth]

Based on David's hair,
the market's outlook is
light and breezy

[emperorpenguin]

Bring it on. I want to see it at least once in my life time.

[onceANexile]

THE AMERICAN PEONs HAVE NO IDEA WHAT USA HAS IN-STORE FOR THEM.period

[ncprealty]

Could you imagine if the US utilized the 200 billion for our domestic infrastructure rather than war efforts?

[abieshakhanumkannapiran]

Thanks, Dave. Awesome, guess awesome interview. I love your hair, bro.

[yu-jdjg]

The US government is chalking up a deficit of US$1T every 100 days, how long can this go on till it breaks?

[ArkOmen]

You don't find too many female analysts that are bearish. I like this, it's great to see

[_Thoughtful_Aquarius_]

Another great interview on the David Lin Report!

[wayne]

Interest rates are not high enough...period. Low interest rates got us where we are today

[Larry.Roberton]

This is the same news I was listening to in 1972.

[jmwSeattle]

She has phenomenal and impressive educational and work experience. Sort of like Daniele De Martino Boothe. I wonder how her latest book will do. I don’t know of any great calls she’s made but it’s been a long time since I’ve heard about her. Interesting to find her popping up on your channel. I think you should get her take when you can. She’s liable to have some important insight. Her asset allocations were right on.

[rhwinner]

_Please give me more free money_ is the cry of a slave, not a free man.

[RAC-eeti]

The U.S. government “deficit spending” is increasing exponentially with every passing year, which means further currency debasement beyond comprehension or a system default - neither will be good for the working class!

[justinb]

david . it’s tough out there, even for folks who are positioned a lil better . weather it’s 2 meals a day instead of 3 or no health insurance. we are all having to make sacrifices, next it’s sell my truck and get a motorcycle to cut down on car insurance, and a weekend job just to keep it above water . then it’s time to look at my apple iphone costs, maybe go flip phone

[florianewu]

We really need New playbooks for this new financial era.