Politics seems to be at a standstill over every single issue a new bill just passed through Congress. And honestly, now this has massive implications for the markets and ultimately, for the coming in the US dollars dominant reserve status.
In this video, I’m going to cover the backstory, what just happened, what we need to be concerned about, and of course, most importantly, what we should be doing about it right now.
Today we are talking about something really, really big. And you know a lot of things it’s kind of like, like a movie right where they went back in time and then don’t don’t touch anything. Because if you touch it, you know even the smallest thing when we go back to the future, you can have this massive implication right?
It’s like the ripple effect, the butterfly effect wherever you want to call it and that is what we are witnessing. It seems like every day we’re witnessing something like that more and more.
This is a very, very turbulent time. I think history books will be written about this period in time right now. And you know, right now we’re seeing, as I kind of said at the beginning, right, we’re the world, the country, the world is very divided, more divided meaning than ever, in American politics. It’s very divided. It’s probably leading the way.
We’ve seen years of fighting from two different political parties over the last few years. They cannot agree on anything as a standstill, no matter what happens, everything’s polarized. So pretty rare move today that Congress unanimously passed the bill. And the bill that they passed was basically stripping Hong Kong of special status. Now, not only is it big, because it was unanimously passed through Congress, but it’s being because it is going to have a massive impact, especially to what’s happening with the dollar. So if you watch the channel. You know, I typically tried to steer clear of politics now. I am very interested in politics. I don’t talk about them a lot, but I have to talk about them and I had to pay attention to them because you can’t understand finance.
You can’t understand what’s happening in the macro economic picture without understanding politics can and so I know people are talking about politics but there’s just really no way to understand this without So, Buddha, put away your biases for a while. put them aside. Listen to the information.
Try to listen to it try to understand exactly what we’re talking about because it impacts your investments. It impacts your money. It’s going to impact your life.
Okay, so in this video I’m going to break down the Couple things I’m going to break down What happened? What is the special status Why has it been revoked? What it means for investors What does this mean for the dollar? And then what are we gonna do? Alright, so I’m gonna break it down in a couple things like that. So, first of all, what is this special status? It’s been revoked.
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