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Vietnam Freezes 86 Million Bank Accounts Overnight - U.S. Is Next Under Genius Act
Vietnam Freezes 86 Million Bank Accounts Overnight - U.S. Is Next Under Genius Act
Sept. 19, 2025
U.S. DOLLAR COLLAPSE - FOLLOW THE MONEY
ITM TRADING, INC.
Is The United States Next Under The Genius Act?
“You’re going to have a financial panic of unprecedented proportions," warns Jim Rickards, NY Times bestselling author, referring to the risks posed by stablecoins and unregulated digital assets enabled by the Genius Act.
He points to Vietnam’s mandatory biometric IDs and mass account freezes as a “trial run” for centralized digital control, and cautions that similar systems could make it easy for governments to monitor, freeze, or confiscate money.
“The time will come when people want their money back. The best definition of a financial crisis I've ever heard is everybody wants his money back,” he states, calling for a run on banks accelerated by AI. stablecoin holders, he explains, will sell treasuries to redeem their cash, potentially triggering a market freeze and unprecedented turmoil in the financial system.
CHAPTERS:
00:00 – Why the Genius Act gets so popular
08:28 – It’s not true that the world is dumping treasuries
10:31 – Fed holds more gold
14:40 – Threats from BRICS
21:54 – Why the Genius Act is a trial run
24:12 – Will we lose control of our money?
26:20 – What can investors do?
27:26 – Why Jim is against the Genius Act
28:27 – Political divide in the United States
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Original: https://youtu.be/u105UtPv76A
#GreatReset #Plandemic #USDollarCollapse #CurrencyWar
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Join, Taylor Kenney from Taylor Made Economics and Daniela Cambone of The Daniela Cambone Show as they provide expert analysis on complex financial systems, banking, currencies, and economics. At ITM Trading, we're committed to empowering you with the knowledge to make informed decisions for your future. Specializing in precious metals and based in Phoenix, AZ, we focus on strategies for long-term wealth building with gold and silver. Subscribe to our channel for valuable insights and tips to secure your financial future!
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