This morning the U.S. passed $32 Trillion in debt while at the same time Putin and China solidified new currency partnerships with nations in Asia, Africa, and South America. African nations like Kenya and Zimbabwe are now turning to China and Russia instead of the West which has exploited them for years. Our thanks to Lithium One Metals for sponsoring today's video. You can learn more about their important projects in North America right here: Stock ticker: LOMEF 📺 Watch Next: How to Create Your Personalized Path to Financial Freedom: 🏠 What's Your Freedom Number? Download our free PDF to help you determine how many rental properties you would need to achieve financial freedom: 💵 Ready to get your finances in order? Download the FREE 90-Day Financial Empowerment Bootcamp: 🎓 Want to learn more about creating your individualized plan to wealth with a proven system? Join us in Financial Freedom Academy: 👨🏻💻 Sign Up for My Webinar: ----------------- ----------------- DISCLAIMER: Some of the links in this description and in our videos may be affiliate links, and pay us a small commission if you use them. We really appreciate the support. The content in our Youtube videos SHALL NOT be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other & may be outdated or inaccurate; it is your responsibility to verify all information. We are not financial advisers. We only express our opinions based on our experiences. Your experience may be different. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. There is NO guarantee of gains or losses on investments. These videos are for entertainment purposes ONLY. IF stocks or companies are mentioned, we MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on these videos. If you need advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc., financial advisor, or the appropriate professional for the subject you would like help with. Read our full disclaimer here: Linked items may create a financial benefit for our company....(read more)
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Title: Putin and China Just Scored a Devastating Blow to the U.S. Economy, and We're Screwed Introduction In recent times, global economies have been plagued by uncertainties and unpredictable events. As the world struggles to recover from the COVID-19 pandemic, the U.S. economy has received a devastating blow from an unexpected alliance between two powerful nations – Russia, under the leadership of President Vladimir Putin, and China. This partnership has unleashed a series of events that threaten to cripple the U.S. economy. The Energy Play One of the most devastating blows has been the strategic energy alliance between Russia and China. As two of the world's leading energy suppliers, they have devised a plan to further isolate the United States from the global energy market. Russia, the world's largest oil producer, and China, the largest global consumer, have joined forces to create a comprehensive pipeline network bypassing the U.S. With the completion of this pipeline, the U.S. will lose its grip on the global energy sector, leading to a substantial decline in revenue and a significant blow to the economy. Trade Dominance Additionally, Putin and China have successfully undermined U.S. trade dominance by promoting an alternative to the U.S. dollar as the global reserve currency. The Russian-Chinese partnership aims to increase the use of their currencies in bilateral trade, reducing reliance on the dollar. As the world's reserve currency, the dollar has given the U.S. significant advantages in trade, allowing it to control the global financial system and exert influence over other nations. With the decline in dollar dominance, it becomes much harder for the U.S. to maintain favorable trade terms, resulting in a loss of economic leverage and further weakening of the economy. Technological Supremacy The partnership between Putin and China is not limited to energy and trade. They also have their sights set on technological supremacy. Both countries have made significant investments in advanced technology sectors, such as artificial intelligence, blockchain, and 5G networks. By collaborating, they aim to surpass the U.S. in technological innovation and gain a competitive advantage globally. This increased technological prowess allows them to attract capital, talent, and reshape industries, thus undermining the U.S. economy's historical strengths. Implications for the U.S. Economy The consequences of this devastating blow to the U.S. economy are far-reaching. The loss of energy dominance, combined with reduced trade advantages and declining global technological influence, will result in a significant hit to the economy. The potential implications include: 1. Unemployment and Job Loss: Reduced trade advantages and dominance in critical industries are likely to lead to job losses in various sectors, particularly manufacturing and technology. 2. Declining GDP: The impact on the economy will be reflected in a decline in GDP growth rates. With decreased revenue and investment, economic expansion will be stifled. 3. Increased Debt Burden: As the U.S. economy struggles, the government will face increased pressure to stimulate growth through debt. This could exacerbate the already mounting national debt. 4. Global Influence Erosion: The U.S. may lose its historical influence over international affairs, with Russia and China emerging as powerful challengers on the global stage. Conclusion The alliance between Putin and China has dealt a devastating blow to the U.S. economy, leaving the nation in a precarious position. The U.S. must recognize the severity of the situation and respond accordingly, by focusing on domestic strategies to rebuild economic strength and regain influence on the global stage. Failure to do so may result in a significant decline in the country's economic position and overall influence, leading to long-lasting repercussions. https://inflationprotection.org/putin-and-china-deal-severe-blow-to-u-s-economy-dire-consequences-await-morris-invest/?feed_id=113163&_unique_id=64a08d4077bfe #Inflation #Retirement #GoldIRA #Wealth #Investing #hedgeagainstinflation #inflationprotection #inflationprotectionstrategies #realestateinvesting #realestateinvesting101 #wealthprotection #InflationHedge #hedgeagainstinflation #inflationprotection #inflationprotectionstrategies #realestateinvesting #realestateinvesting101 #wealthprotection
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