Impending Banking Collapse: Debt Crisis Escalates, Hyperinflation Looms Large - Zang
In a riveting interview, Michelle Makori, Lead Anchor at Kitco News, sits down with Lynette Zang, Founder & CEO of Zang Enterprises & LynetteZang.com, to dissect the precarious state of U.S. banks one year post the 2023 banking crisis. Zang delves into the systemic risks plaguing the banking sector, offering her astute macroeconomic perspective and forecasting the looming consequences. With a looming debt burden weighing heavily on the economy, Zang predicts an imminent pivot by the Federal Reserve, triggering profound implications for inflation, market stability, the U.S. dollar, and public confidence. As she sounds the alarm on the potential advent of a central bank digital currency (CBDC), Zang outlines the dire repercussions and explores potential avenues for navigating the impending financial storm.
Follow Michelle Makori on X: @MichelleMakori (https://twitter.com/michellemakori)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow)
00:00 - Coming Up
00:53 - Introduction: One Year Since the Banking Crisis
02:00 - Banking Sector's Risks
11:43 - The Role of Private Equity and Future Banking Consolidation
24:38 - The Fed and Inflation
32:20 - Hyperinflation and the Velocity of Money
35:54 - The Looming Crisis & CBDCs
37:20 - Fed Chair Powell's Stance on CBDCs
42:21 - Rapid Expansion of CBDCs
44:20 - The Role of Crises in Facilitating the Adoption of CBDCs
48:02 - Gold & Silver
50:44 - Bitcoin: A Trojan Horse for CBDCs?
01:04:10 - The Future of Money and the Importance of Community
__________________________________________________________________
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.
-
19:58
Kitco NEWS
1 day agoGold to Rise Further in Emotional Market Conditions - Michele Schneider
120 -
LIVE
TENET Media
1 hour agoComedy is BACK! Libs RAGE Over 'Offensive' Tom Brady ROAST, Babylon Bees Seth Dillon PEELS The Onion
1,148 watching -
1:05:47
Redacted News
3 hours agoPutin's Victory Day Message STUNS NATO, Tucker's Shocking Interview | Redacted w Clayton Morris
52.5K90 -
LIVE
Revenge of the Cis
2 hours agoEpisode 1342: Hush Money
4,141 watching -
1:02:51
In The Litter Box w/ Jewels & Catturd
19 hours agoJudas Johnson Ouster Fails | In the Litter Box w/ Jewels & Catturd - Ep. 564 - 5/9/2024
23.8K41 -
21:22
Stephen Gardner
2 hours ago🔴Trump OVERWHELMED WITH JOY over surprise turn of events!
10.5K77 -
11:27
Morgonn
3 hours ago10 Things You DON'T KNOW about Riley Gaines Barker - EXCLUSIVE!!!
12.8K16 -
46:01
ANDYFRISELLA
5 hours agoWhat High Performers Understand About Success - Ep 702 Q&AF
19.6K16 -
3:04:36
Russell Brand
8 hours agoBREAKING: Pfizer Settles 10,000 Lawsuits For Hiding CANCER Risks! - Stay Free #362
186K465 -
2:57:33
The Charlie Kirk Show
5 hours agoSpeaker Johnson's Dem Alliance + Biden's Rafah Threat + Vaccine Recall | Choe, Dr. Malone, Robison
110K116