Civilizational Crisis: Is the 'Fourth Turning' Upon Us? - Peter St Onge

At the Pacific Bitcoin Festival, Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, sits down with Peter St Onge, an Economist at the Heritage Foundation, to delve into the concept of the "Fourth Turning." This term refers to a cyclical crisis that echoes throughout history. St Onge sheds light on the risks of weaponizing the U.S. dollar and offers insights into the expanding BRICS alliance. The discussion spans topics like de-dollarization, the potential for an external gold-backed rail system for international trade, and the intriguing notion of BRICS nations embracing Bitcoin. Tune in for a riveting conversation!

Follow Michelle Makori on X: @MichelleMakori (https://twitter.com/michellemakori)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow)
Follow Peter St Onge on X: @profstonge (https://twitter.com/profstonge)

00:00 - Intro
01:34 - Dangers of the de-dollarization trend
11:49 - BRICS and gold-backed currency
18:21 - The ‘Fourth Turning’
28:27 - What can be done to avoid the ‘Fourth Turning’
__________________________________________________________________
Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news.

SUBSCRIBE to our channel to stay up to date on the latest market and industry news.

For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets - visit us at https://www.kitco.com

To get market updates on the go, download the Kitco Gold Live! APP - https://applications.kitco.com

Stay connected:

Twitter - https://twitter.com/kitconewsnow
Instagram - https://www.instagram.com/kitconews
Facebook - https://www.facebook.com/KitcoNews
LinkedIn - https://www.linkedin.com/company/kitconews
StockTwits - https://stocktwits.com/kitconews

Live gold price and chart: https://www.kitco.com/gold-price-today-usa/
Live silver price and chart: https://www.kitco.com/Silver-price-today-USA/
Live crypto market data: https://www.kitco.com/price/crypto/

Learn more about Kitco News: https://www.kitco.com/news/about/

For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: www.kitco.com/advertising

Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News.