Latest / On The Record with Christian Briggs
State of the 2024 U.S. Economy
What is the state of the economy? In this episode, Christian discusses how the dollar has seen at 17% decline in buying power so far this year. Gold has reflected that with a 25% increase this year. In 2001, the US dollar represented 73% of global dollar reserves. In 2021, it decreased to 55%. In 2023, 47%.
When the Silicon Valley bank was bailed out last year, there were an additional 1,619 banks that were in risk for failure. That represented 1/3 of all banks in the United States. Since that bailout until today, nothing structurally has changed other than stemming the tide of people pulling…
The skinny
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