In this urgent and riveting expose, financial expert Taylor Kenney uncovers the hidden economic threats that the government and mainstream media have ignored for years. As U.S. debt skyrockets and geopolitical tensions escalate, Taylor reveals why savvy investors are moving their assets out of the traditional financial system. Protect your financial future before the impending collapse with this essential guide to understanding and surviving economic meltdown.

TRANSCRIPT:

If you’re worried about your financial security, you should be. For decades, the United States government and the mainstream media have pretended like an ever-growing debt burden, a crushing bank crisis, and severe geopolitical risk are normal and nothing to be worried about. But the truth is that we are catapulting towards a financial meltdown, and the media pundits will try to distract you with noise. But the smartest, wealthiest people I know, are zooming out and looking at the big macroeconomic picture.

And what they’re seeing isn’t an economy that’s getting stronger. No, they’re seeing a financial system built on a house of cards ready to collapse, and as a result, they are making sure that they are protected outside of that system before it’s too late. Getting an insurance policy in place so that no matter what happens, they are ready. Because an insurance policy only works if you get it before you need it, not after. And I will go over in detail how you too can protect yourself.

But first, it’s important to understand how these threats that are largely being ignored are barreling towards each other, about to crash. The United States debt threatens everyone’s economic future. At the time of filming this video, it’s sitting at just shy of $35 trillion. By the time you watch this video, it might have already surpassed that threshold. It’s no secret that thanks to this reckless overspending, we have lost 25% of our purchasing power in the last four years. I don’t know about you, but I personally can’t afford to lose another 25%. Another 50%.

Let me ask you this. Do you think the government will be able to rein in its spending to get that national debt under control, to make any progress at all? Tell me what you think in the comments below. I have my thoughts. As a recession continues to grow, as GDP slows and as the American people are suffering, what lever is the government going to pull? History tells us that they are going to spend, spend, spend. Except this time they have less room. They are so overleveraged. Their credit cards, if you will, are maxed out. So the pain that we are going to feel is going to be even worse. Anything you have that is dollar or dollar-denominated will be impacted.

This ever-growing debt burden has been labeled a threat not just to the United States, but to the entire global economy. As the U.S. debt continues to rise. The temperature on the global stage continues to rise with it. Which brings us to the next threat. Heightened geopolitical risk. The entire world is dependent on the US dollar, as the US dollar is the global reserve currency. But in the last few years, in particular, there has been a coordinated effort on the world stage to move away from the dollar, which can be seen through the rise in prominence of the BRICs bloc coalition, who are continuing to add new members and are laser-focused on an end goal of dollarization, which we could see accelerated through the rollout and adoption of central bank digital currencies within this new alliance.

This is also reflected in the move away from U.S. Treasury bond holdings, as the United States credibility is called into question. You might remember, just last year, the United States credit rating was downgraded because of risk, because of rising debt, because of bank failures. You now see countries like China offloading hundreds of billions of dollars worth of U.S. debt. And none of this even takes into consideration how recent U.S. sanctions have completely changed the landscape for so many countries. Regardless of how other countries feel about the United States’ decision to impose sanctions on Russia, the freezing and the seizing of Russian U.S. assets has shown everyone else that, without a doubt, anything they hold any U.S. reserves are not safe. They’re not a true store of value because the United States government, at a moment’s notice, could turn around and freeze or seize said assets.

As this push away from the dollar continues to gain momentum. The pressure to find buyers for U.S. debt continues. In 2024, the cost of financing the U.S. debt burden will be close to $1 trillion, up 36% from last year. This creates a problem for the United States as the debt burden continues to grow and rates remain relatively high. This pushes up the cost of borrowing, but in order to secure buyers of U.S. debt, you have to keep the rate somewhat high in order to make that debt favorable. And it’s against this backdrop, this catch 22, that we bring in the final piece of the puzzle. And I’ll talk about how they all tie together.

U.S. banks, banks across the country are sitting on a ticking time bomb of unrealized losses in commercial real estate and in U.S. Treasury holdings. These assets have lost significant value compared to their purchase price, thanks in large part to higher interest rates. But banks have held onto them, hoping that rates will come down, and in the future they’ll be able to sell them for a higher price, which is fine in theory, except what happens when a bank is forced to sell at a loss, when they have to sell and they can’t hold out until the prices rise again? What happens then? Because we’re not talking about some small amount of unrealized losses here. No, we’re talking about hundreds of billions of dollars worth of unrealized losses, the likes of which we have never seen before, not even 2008 came anywhere close to what these banks are sitting on today.

I’ll tell you what happens, because we already know we witnessed it firsthand with Silicon Valley banks’ failure last year, they were forced to sell these same assets at a loss, and within 24 hours, the bank had collapsed. Now imagine that same scenario, but apply it to all of our banks. This right here is where the three-way intersection collides. Let’s zoom out and look at the big picture. What do we have? Missile one: we have massive debt costing almost $1 trillion to finance this year alone. Missile two: we have banks who are desperate for rates to come down so that the value of their assets will be worth more, so that they can have liquidity and have more credit. But in the background, we have missile three, a rapidly decreasing demand for U.S. dollars and debt. And something’s got to give because otherwise all three of these collide. And if nothing gives because nothing can give, that’s where we have a crash.

And I know someone out there is going to say, okay, that makes sense, but you’re missing something. They already decided rates are coming down. They’re going down in September, which might be true. But let me ask you, do you really believe inflation is under control? That we could have spent the way we spent and that it won’t come roaring back the second that rates go down, or that we’re not going to continue to spend, spend, spend and create another even worse inflationary problem where rates are going to have to go back up, or even worse, that there won’t be buyers for the debt. And they’re going to have to say, well, we have to keep these rates high for inflation. But it’s really because no one wants the US debt because we are no longer creditworthy. And it’s not as favorable as it once was.

That’s the hard truth. The banks have been holding their breath. They have been waiting, waiting, waiting for these rates to go down. Thinking if they can just wait a little bit longer, they’ll be okay. But the reality is, is that even if rates come down, in my opinion, it will be temporary. Ultimately, these banks are not getting out of all of these unrealized losses. And when they’re forced to sell their assets at a loss, that’s when the failures start. That’s when the crash happens. And let me ask you this. If you think the government is going to bail them out again on an even bigger widespread situation, what happens to the value of your dollar?

Forget 25%. What about 50%, 75%? We could be in such a terrible hyperinflationary situation that your dollar is worth almost nothing. It’s a doom loop that’s coming and there is no stopping it. Which is why I firmly believe that everyone needs to be protected outside of the system. Because if we look at the system as a whole and everyone who’s in charge, the government, the Federal Reserve, big banks, whoever it might be, that’s pulling the strings. Everything that’s inside of the system is at risk.

So when I talk about an insurance policy, I’m talking about making sure that you are prepared so that when this crash happens, you are able to not only survive through the crash, but thrive. You protect your wealth. You’re able to sustain your standard of living. You’re able to position yourself for new opportunities, and you are able to build a legacy. That is what I want for everyone watching, because frankly, the dollar and any dollar-denominated assets won’t do it. Because when that crash happens, anything that you have in any bank, big or small. And I think it’s important here to make the distinction, because I see a lot of comments. People say, well, what about my regional bank? What about a small bank? Is that safe? It’s only the big banks or the flip flop.

Regional banks are just as at risk as big banks. In fact, it might surprise some of you to find out that 70% of commercial real estate holdings are actually with regional and smaller lenders, the same commercial real estate holdings that are at risk that are exposure. So ultimately, it doesn’t matter what bank you’re trying to protect yourself with, anything you have there is going to be at risk. You are leaving yourself vulnerable.

But what won’t be at risk? What will be a true store of value is true money. Physical gold. Physical silver. See the wealthy already know this. They don’t like to be controlled. They like to be in control. And anything that’s dollar denominated is out of your control. But physical gold and silver you own, you hold. You control. That’s why the wealthy protect themselves with gold and silver. That’s why central banks are buying gold in record quantities. What do they know that you don’t?

They see the writing on the wall, fiat currencies are not a safe store of value. But what is is gold. Because when a currency reset happens, when the crash happens, things will be valued back to the way they were. Gold will maintain and hold its value and will be worth even more.

After the reset after the crash, because fiat currency will go back to its true intrinsic value, which is nothing. Let me ask you, do you feel like things are moving fast? And I know you know what I’m talking about? It’s not just your imagination. Things are speeding up because there is momentum happening. The financial system that we all live and operate in is crumbling.

And that is why the smartest people I know are choosing to protect themselves now. That’s why we do what we do. That’s why I got into this business. As someone who has a background in emergency preparedness. When I discovered everything that was going on in our financial system, it was a wake up call to me. It was my sign. And I realized the time to protect myself is now. And I want everyone else to see the same thing. Because if you’re sitting out there and you’re waiting for a sign to take action, this is your sign.

We have an incredible team that I work so closely with who have helped so many people. So if you have any questions at all, or you want to get started or you haven’t taken that first step yet, that is what we’re here for. Click on the link below, talk to one of our expert analysts and get your plan in place today. Thank you so much for being here. You are not alone. We are all in this together. If you have any thoughts, leave them below. I love reading your comments.

As always, I’m Taylor Kenney with ITM Trading your trusted source for all things gold, silver and lifelong wealth protection. Until next time.

SOURCES:

https://fred.stlouisfed.org/series/CUUR0000SA0R

https://www.washingtonpost.com/business/2024/06/27/imf-warning-united-states-debt

https://www.businessinsider.com/dedollarization-brics-usd-dollar-central-banks-digital-currency-payments-mbridge-2024-5

https://www.globaltimes.cn/page/202312/1304223.shtml

https://www.cnbc.com/select/moodys-lowers-us-credit-outlook-to-negative

https://www.reuters.com/markets/asia/chinas-us-bond-shifts-put-dollar-under-geopolitical-spotlight-2024-05-21

https://www.visualcapitalist.com/u-s-debt-interest-payments-reach-1-trillion

https://www.forbes.com/sites/brandonkochkodin/2023/05/31/banks-515-billion-of-quarterly-paper-losses-is-actually-an-improvement