Premium Only Content

Next Crisis Could Lead to Massive Banking Consolidation, 8 Banks to Dominate: Ed Dowd
"Edward Dowd, Founding Partner of Phinance Technologies, warns of an impending global debt crisis in an interview with Michelle Makori, Lead Anchor at Kitco News. Dowd predicts severe stress in the U.S. banking sector, leading to massive consolidation where only eight major banks will dominate. He also explores the potential for this crisis to pave the way for the introduction of central bank digital currencies (CBDCs), which could reshape the financial landscape.
This video is brought to you by Swan Bitcoin
Swan Bitcoin IRA - Start Saving Now: https://Swan.com/retire
Follow Michelle Makori on X: @MichelleMakori (https://twitter.com/michellemakori)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow)
Follow Edward Dowd on X: @DowdEdward (https://twitter.com/DowdEdward)
__________________________________________________________________
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, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.
-
29:07
Kitco NEWS
2 days agoSilver Is Set to Explode, Gold Has Surpassed the Euro - We’re Just Getting Started | Randy Smallwood
28 -
1:04:54
Timcast
1 hour agoCNN SHOCKED Trump APPROVAL Went UP Following Epstein Scandal
42.8K59 -
LIVE
Barry Cunningham
12 hours agoMUST WATCH: KAROLINE LEAVITT HOSTS WHITE HOUSE PRESS CONFERENCE!
1,598 watching -
10:51
Adam Does Movies
1 hour agoI Know What You Did Last Summer - Movie Review
801 -
UPCOMING
The Tom Renz Show
53 minutes agoThe DOJ Does Something! They Sue to Keep Fluoride in the Water???
121 -
LIVE
The Charlie Kirk Show
1 hour agoDefund NPR + New War in Syria? America's Military Restored| Ashkar | 7.17.25
2,714 watching -
LIVE
Viss
1 hour ago🔴LIVE - How to Win The Battleground with Tactics, Precision, & Knowledge!
134 watching -
LIVE
The Mel K Show
1 hour agoMORNINGS WITH MEL K - Redefining the Threat We Face: Who are our Allies and Adversaries Really? 7-17-25
1,001 watching -
40:09
The Rubin Report
2 hours agoListen to ‘The View’ Crowd Gasp as Whoopi Melts Down Over Mark Cuban’s Mild Criticism of Dems
57.5K55 -
LIVE
Flyover Conservatives
12 hours agoBirth Rates Too Low to Survive. The ONLY Diaper Company That Doesn’t Fund Abortions?! Texas Flood Victim Relief - Sarah Gabel and Michael Seifert, EveryLife | FOC Show
264 watching