Breaking From the Dollar Will be Quick and Unruly with Riots, Extreme Poverty and War
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 Published On Mar 15, 2024

Don't miss out on today's insightful conversation with Daniela Cambone, as Alfonso Peccatiello, founder and CEO of The Macro Compass, delves into the critical issues surrounding fiscal deficits, the devaluation of the U.S. dollar, and the rising trajectory of gold. With $12 trillion of outstanding debt denominated in dollars outside the US, any dollar appreciation coupled with global economic slowdown spells trouble, Peccatiello explains. Moreover, Peccatiello highlights the significance of gold amid this turbulent financial landscape. What was once $2,200 may soon escalate to $3,000 and beyond, he predicts.

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📖 CHAPTERS:
00:00 Biden’s fiscal budget
2:28 Meaning for everyday citizen
3:08 S&P 500 average return
4:03 2025 meltdown
6:43 Dollar system
9:45 Unruly
10:46 America is sick?
12:20 Assets
14:26 Bitcoin
15:46 Gold
19:15 China buying gold
20:18 March Fed meeting

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#economy #dollar #AlfPeccatiello

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