FOX Business host Charles Payne reacts to warnings of doom and gloom from billionaires on ‘Making Money.’
Subscribe to Fox Business! https://bit.ly/2D9Cdse
Watch more Fox Business Video: https://video.foxbusiness.com
Watch Fox Business Network Live: http://www.foxnewsgo.com/
FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
Follow Fox Business on Facebook: https://www.facebook.com/FoxBusiness
Follow Fox Business on Twitter: https://twitter.com/foxbusiness
Follow Fox Business on Instagram: https://www.instagram.com/foxbusiness
source
The pain is already here Mr. Payne.
Well if we are going to war we should start threatening executions now
everyone knows the rich get rich by stealing always have always will
there's no honest rich People
bogga
Pain ?!!? Seriously?! Just wait , it's gonna be worse than we could imagine
Leave your last comments Fox News will be taken off of YouTubei believe the 1st of June
When it comes to economics, we would do well to listen to Charles.
Americans are already being over thrown.even our government leaders are against our citizens
Blabllaaaablaaaa
$787.5 million 🤔
Tell us more about Dominion Voting Machines, I dare you. 🤣😂
FOR LOW RANKS ONLY TO PROTECT WEALTH.
Biden wants economic calamity
Biden will default the US as he intentionally plans to harm the US. Want proof. Look at the southern border.
One phone call from the Treasury to the Federal Reserve System can change the price of Treasury gold from $42.22 per ounce (historical value) to the market level of $2042 per ounce (today's price). This will pull more than $550 billion of new purchasing power out of the air — without issuing any debt obligations. In fact, this was done by the Eisenhower administration in the 1950s under similar circumstances.
You should not expect this to happen, because no one in power wants to recognize the role of gold as a monetary asset. They don't want anyone to even talk about gold, except as a "barbaric relic" that belongs in the dustbin of history. Instead, expect this chicken game to continue. You can prepare for the worst by buying gold and accumulating cash reserves that you can redistribute later.
Ex-CIA advisor James Rickards.
The US economy is currently experiencing a serious crisis, and signs of the decline of the Bretton Woods system are looming on the horizon, especially in light of the weakening dollar.
Gregory Daco, chief economist at the EY-Parthenon Foundation, argues that the US economy is "sick" and "symptoms of its illness" are already beginning to manifest. Brian Moynihan, CEO of Bank of America, shares his opinion and expects a serious recession.
The US authorities will not be able to stop a series of bankruptcies. Inflation is still a big concern for the Federal Reserve System. Everyone is afraid of a reduction in interest rates in the short term.
According to the Federal Deposit Insurance Corporation of the USA, the volume of deposits is $ 18 trillion, and insurance is $ 125 billion. In other words, insurance covers only 1.5% of deposits.
Many countries of the world, hostile to the United States, are looking for ways to overthrow the dollar from the throne of the world's main reserve currency and are trying to use its alternatives in mutual settlements.
After the beginning of the Ukrainian crisis, Russia showed that the dollar is no longer an invaluable asset. Despite American and European sanctions, the Russian economy did not collapse, perhaps partly because the share of the yuan in export payments rose to 16%.
China is creating another alternative to the American SWIFT system. It is worth noting that the number of countries willing to make payments in yuan instead of the dollar is increasing.
The New York Post said that anti-Russian sanctions could lead the United States to financial collapse. The status of the dollar as a world currency is under threat, writes columnist Jay Newman. According to him, the main trap that Washington fell into was that more than a hundred countries refused to support sanctions against Moscow. Because of this, energy trade went "around" the dollar – in other national currencies.
"The rejection of the dollar will deal a powerful blow to America's position in the international arena. The era when it was possible to print an unlimited number of dollars may come to an end, and with it, our ability to buy foreign goods cheaply will remain in the past."
The Collapse of these banks has torn into global markets, with investors ripping up their forecasts for further rises in interest rates and dumping bank stocks around the world. I'm at a crossroads deciding if to liquidate my dipping $480k stock portfolio, what’s the best way to take advantage of this bear market?
Biden destroys America
Please Charles, most of us have known since the beginning of the Burden's administration exactly how it would end. Pray and prepare folks. This is exactly what happens when 81 million foolish people vote with their "feelings of anger and envy." They would rather be ruled by a buffoon. Than elect a proven leader.
Really good turn of phrase really enjoy your thoughts
FJB
Billionaires have a lot of secrets
Does a RAT have a tail ?
Yes it's called com me joe
They have put us under communism. People just refuse to see it though.
Yeah, and all to save a few bucks … not paying a guy who turned your whole country around.
This is a byproduct of Brandon's policies!