Luke Gromen: China Locking Up Key Global Resources By Exploiting US Dollar System
WATCH LUKE'S INVESTING PREDICTIONS here at https://wealthion.com/gromen
Geopolitical risk has been relatively subdued as an investment theme over the past decade. But it’s now moving quickly to the forefront, as today’s headlines about Ukraine, Russia & NATO make clear.
There’s another, much more quiet and poorly understood threat that I want to bring to your attention today.
It was raised by macro analyst Luke Gromen at last month’s Wealthion conference, where he explained that China is exploiting the US dollar system to lock up a growing number of key global resources.
In Gromen’s words “China is conducting an LBO of the world using the Eurodollar system, backstopped by the Federal Reserve and protected by the US military”
They have basically hacked the game America forced everyone to play, and have bent the rules to their interest. As Luke says, Nobody’s a bigger fan of the US dollar system than China, except for a few politicians and CEOs getting rich of the current scheme.
To understand this in more detail, as well as the serious consequences in store, watch this video from Luke’s presentation from Wealthion's recent conference .
At Wealthion, we show you how to protect and build your wealth by learning from the world’s top experts on finance and money. Each week we add new videos that provide you with access to the foremost specialists in investing, economics, the stock market, real estate and personal finance.
We offer exceptional interviews and explainer videos that dive deep into the trends driving today's markets, the economy, and your own net worth. We give you strategies for financial security, practical answers to questions like “how to grow my investments?”, and effective solutions for wealth building tailored to 'regular' investors just like you.
There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?
Let us help you prepare your portfolio just in case the future brings one or more of the following: inflation, deflation, a bull market, a bear market, a market correction, a stock market crash, a real estate bubble, a real estate crash, an economic boom, a recession, a depression, or another global financial crisis.
Put the wisdom from the money & markets experts we feature on Wealthion into action by scheduling a free consultation with Wealthion’s endorsed financial advisors, who will work with you to determine the right next steps for you to take in building your wealth.
SCHEDULE YOUR FREE WEALTH CONSULTATION with Wealthion's endorsed financial advisors here: https://www.wealthion.com/
Subscribe to our YouTube channel https://www.youtube.com/channel/UCKMeK-HGHfUFFArZ91rzv5A?sub_confirmation=1
Follow Adam on Twitter https://twitter.com/menlobear
Follow us on Facebook https://www.facebook.com/Wealthion-109680281218040
#china #fed #eurodollar
____________________________________
IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.
-
33:43
Steven Crowder
1 hour agoCampus Jihad: The Dark Money Behind the Hamas Protests
18K286 -
LIVE
The Kirk Minihane Show
2 hours agoKMS Live - June 3, 2024
1,585 watching -
LIVE
Benny Johnson
1 hour ago🚨 Dr. Fauci Getting DESTROYED in Congress LIVE Right NOW Under OATH |Total MELTDOWN, Fauci For JAIL
11,640 watching -
2:02:05
Matt Kohrs
11 hours agoTrump Dominates, GameStop Squeezes Again & Breaking News || The MK Show
14.2K4 -
1:43:12
The Podcast of the Lotus Eaters
6 hours agoThe Podcast of the Lotus Eaters #928
27.1K27 -
2:03:18
AP4Liberty
3 hours agoCan Trump Be POTUS from Prison?
20.9K4 -
1:37:18
jeffahern
2 hours agoMonday Madness with Jeff Ahern (6AM)
12.7K5 -
9:10
MichaelBisping
17 hours agoBISPING reacts: Islam Makhachev SUBMITS Dustin Poirier after a WAR! | UFC 302 Reaction & Breakdown
23.8K17 -
13:49
DepressedGinger
17 hours agoDonald Trump's path to 406 Electoral Votes
34K26 -
3:40
Degenerate Jay
16 hours agoThe Future Of This Channel - Games, Movies, Comics And More!
31.6K6