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)
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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

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