Comments by "Matthew Nirenberg" (@matthewnirenberg) on "The Brewing Bank Crisis" video.

  1. @jeanah685 Ever hear of "don't keep all your eggs in the one basket?" Also note that many people are born with multiple citizenships and they commonly have bank accounts in each country of citizenship. * Currently, taxes are sky rocketing because the govt wants to steal and redistribute wealth from those who worked hard, pay taxes and earnt what they have. Why should some useless schmuck be give what others have worked for? * The cost of living in AU & NZ has tripled since 2020 and is continuing to increase * The economy is heading towards hyperinflation - it starts with shrink-flation, then cost of living skyrockets, then its excessive taxation, and, finally its hyperinflation The fact is that when the US dollar falls, most "western" economies will be 100% gone as they're all 100% dependent on the US dollar. You say its narrow-minded to "not keep all your eggs in the one basket" - what is it that you suggest people do? Keep in mind that the people diversifying their money across other countries, already have assets such as bullion, art, property, etc. Looking at recent history - those who survived the war in the Balkans and had bullion were the ones who became wealthy and didn't lose everything. Those who only had money in the bank or as cash lost everything. So I genuinely ask, what is your solution that you don't consider to be "narrow-minded"?
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