Ecocnomist’s “News and Views” Friday 2-23-2024

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The Coming ‘Bank Holiday’ Is A Warning To Americans

Atlantis Report:  2-22-2024

The government calls a surprise bank holiday, shuts down the banks, and boom, your money is locked.

 These sudden closures, or bank holidays, are often followed by strict capital controls to prevent people from moving their money out of the country.

https://youtube.com/watch?v=aIE8Q6edSPs%3Ffeature%3Doembed%26enablejsapi%3D1

U.S. Allies Downsizing Their Dollar Reserves

Taylor Kenny:  2-23-2023

In an exclusive interview with Tucker Carlson, President Vladimir Putin unveils the BRICS alliance’s challenge to the US dollar hegemony

. Join ITM’s Taylor Kenney on a concise breakdown of this pivotal moment in global economics as she dissects Putin’s take on how other nations pose a formidable threat to the existing US financial order.

CHAPTERS:

0:00 Putin Interview Breakdown

01:46 Nations Downsizing US Dollar

 02:30 Russia Currency Comparisons

 04:36 Putin On US Dollar Collapse

https://youtube.com/watch?v=ikL4XgBYemA%3Ffeature%3Doembed%26enablejsapi%3D1

Argentina Economic STRIKES ERUPT, Milei Scolds EU Over Trade Breakdown & Dollar Crisis Worsens

Sean Foo:  2-23-2024

Argentina’s economic crisis seems to be only getting from bad to worse.

Big economic strikes are erupting, and protests are getting worse as Milei’s economic austerity accelerates. Inflation is expected to get worse and even a trade deal with the EU seems to be collapsing. Here’s what you must know!

Timestamps & Chapters:

 0:00 Argentina Strikes Erupt

2:46 A Persistent Inflation Hell

5:46 Argentina EU Trade Breakdown

8:31 Milei’s Dollar Crisis

10:45 Big Economic Contraction