Patrick Bet-David Explains Why America Is Entering A Horrific Financial Crisis...

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Chapters:
00:00 - The American Crisis
03:31 - Worse Scenario | "Reverse" Market Crash
07:44 - The Problem WIth America
08:59 - The War With China & India
10:41 - Apple Stock
11:02 - The Real War (Semiconductors)
11:48 - How China Destroyed The World
12:29 - Major Conerns, How To Prepare
14:21 - 2 Things To Be Paranoid About Now
16:45 - How To Invest In 2024
17:40 - World War III In 6-12 Months?
20:13 - Will USA Fall Like Roman Empire?

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► Special thanks to:
Patrick Bet-David & Valuetainment
Tom Bilyeu & Impact Theory
PBD Podcast

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[Beatricegove]

More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.

[OriginalKarasu]

"It's a Big club. And you ain't in it!"
-George Carlin

[alicegomez]

The difficulties that the current generation faces are quite depressing. I wanted to know how to use some money that I had. I used a small portion of it for online sales, but that failed. My primary concern is safeguarding my $300K stock portfolio from loss, but I'm not sure how to go about it.

[DubChambers]

Las Vegas is crashing. The strip has crazy homeless people sleeping all over the streets. Unemployment is pretty high. The median price for a house is about 450k and the income needed to buy it is 117k. But the median income is about 36k for an individual and 66k for a household. The odds are stacked against the city.

[Deetroiter]

Billions and billions to invest in every other country’s wellbeing, but your own. Yep, that’s a winning formula right there.

[jeffreycheng]

"The Federal Reserve System is not Federal; it has no reserves, and is not even a system at all. But rather an international criminal syndicate."- Eustace Mullins.

[donovantobs]

On point, I foresee a recession lasting 2-3 years, and if inflation continues to surge, the Federal Reserve will likely raise interest rates soon. Inflation is causing various issues worldwide, such as food shortages, scarcities of diesel and heating fuel, and significant spikes in housing prices, leading to a potential financial market crash. This global downturn could have long-lasting repercussions. Given the current inflation rate of approximately 9%, my main worry is how to optimize my savings and retirement fund, which has remained stagnant at around $300, 000, yielding almost no gains for quite some time.

[lizcarter]

Concerned about my children. Their future won't be easy. This isn't the world we grew up in. Things are changing rapidly.

[venvnco]

Greed is destroying the world. This is across the globe.

[sethalexander]

“If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.”—Thomas Jefferson

[chrisjames]

In tomorrow's news, Man Survives Bank Collapse By Having No Money In The First Place.

[endofsociety]

All I can say is, the difference between the last depression than the one coming is huge. Back then, most if not all who lived outside major Metropolitan areas owned their own home, and grew and canned their own food. Even had livestock in many cases, or they could buy/ barter from their neighbors. This will be so so so much worse. Over 250 million more people in America now than there was back then, and almost no one is self sufficient. That's a major disaster in the making right there by itself.

[aaronwilcox]

Im 50, poor, and this system has choked me out. Im looking forward to leaving this earth and living with Jesus.

[frankdisilvio]

We have already entered an inflationary depression. It will be far worse than the Great Depression of the 1930's.

[sabastinenoah]

The stock may be at risk for a crash, like you said, but I feel like the economy is in the verge of recovery. I mean, with the inflation figures that have been released recently, it's an upward trend. I know someone whose portfolio is up 15% since last month on $64k investment, so I'm seeking recommendations myself instead of being pessimistic.

[kkybaggy]

The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?

[CocoSpuzzillo]

we need powerful men that love and respect America and our families to restore American values

[justinlugo]

Reminds me of monopoly board game. When you own everything and have all or most hotels then you dont mind if the other players get money from the bank because your just going to suck up all the money anyway.

[slavikk]

I thought I was the only one that noticed this, but everything is slowing down. I have a construction company. I have been working every day but the last few months nobody is calling me people don’t want to spend money on home-improvement when the price of everything else goes up.

[UncleBensChannel]

I hold a Master's in Economics, and this video is spot on. Inflation erodes the economic health of the middle class, and the stability (and long term success) of the USA rests firmly on the shoulders of our middle class citizens.