YELLEN “STRONGLY DISAGREED!“ US Credit Rating at Risk, 204 Tons Shipped to China!｜AsianQuickTake

In this episode, we dive into the pressing concerns surrounding the U.S. economy and its global implications. Moody’s recent assessment has sent shockwaves through Washington, hinting at a potential credit rating downgrade. Find out how this could affect you and the world. Moody’s Investors Service has cited massive fiscal deficits and mounting debt pressures as reasons to consider downgrading the U.S. credit rating to AA . This move has sparked a heated debate, with even Fitch downgrading the U.S. sovereign rating due to concerns over fiscal management. Discover how the polarized political landscape and congressional dysfunction have contributed to these challenges, and how rising U.S. Treasury yields are impacting investors and increasing the national debt burden. Moody’s analysis suggests increased downside risks for the U.S. financial strength, as interest costs eat into the budget, further damaging financial prestige. Stay tuned to learn about the massive issuance of U.S. debt and its impact on financial markets. Explore the repercussions of these developments, including the growing risk of currency wars, the safety of U.S. Treasuries, and the potential for U.S. debt default. Hear from U.S. Treasury Secretary Yellen’s strong disagreement with Moody’s decision and her perspective on the nation’s financial stability. Discover the unexpected proposals being considered, such as prioritizing debt payments and even minting a trillion-dollar platinum coin. Learn about the recognition of gold as legal tender in certain U.S. states and its implications for the stability of the U.S. financial system. Uncover the role of gold as a long-term hedge against inflation and wealth preservation, as well as the calls for a return to the gold standard program. Gain insight into the importance of transparency in U.S. gold reserves. As the U.S. rating faces pressure, gold reemerges as a vital asset, potentially aiding in alleviating the U.S. debt crisis. Learn about the global trend of central banks purchasing gold and how it impacts U.S. debt holdings. Get the latest data on China’s central bank gold reserves and its decreasing holdings of U.S. Treasuries. Understand how gold is regaining its status as a financial currency and anchor. Join us as we delve into these critical issues shaping the global economic landscape. Don’t forget to like, subscribe, and hit the notification bell for more insights into business, economic history, international relations, geopolitics, and world affairs. Stay informed with Asian QuickTake! Tags: U.S. Economy, Moody’s Rating, U.S. Debt Crisis, Fiscal Deficits, Congressional Dysfunction, U.S. Treasury, Currency Wars, U.S. Treasuries, Gold Standard, Financial Markets, Debt Default, Financial Stability, U.S. Politics, Central Banks, Global Economy, Inflation Hedge, Transparency, Gold Reserves, Wealth Preservation, China, Federal Reserve, Financial Currency, Economic Outlook, Debt Management. 💯TOP 3 Video China Shocks Yellen With Massive Selling of U.S. Bonds and Buying of Gold ▶ China to Accelerate Dumping of Up to $800bn U.S. Debt ▶ Swiss Sells $36.4 billion U.S. Treasuries ▶ ━━━━━━━━━━━━━━━━━━━━━ ✅ COPYRIGHT DISCLAIMER Asian Quicktake Doesn’t Fully Own Some of the Materials Compiled in Its Videos. It Belongs to People or Organizations Who Ought to Be Respected. If Used, It Falls Under the Following Provisions: Copyright Disclaimer Section 107 of the Copyright Act 1976. “Fair Use“ is Allowed for Purposes Such As Criticism, Comment, News Reporting, Teaching, Scholarships, and Research. ━━━━━━━━━━━━━━━━━━━━━ ✅ If You Are the Owner of the Materials Used in This Video, Let us Know in the Comments or Send a Email to me. We Will Follow Your Request Immediately. ━━━━━━━━━━━━━━━━━━━━━ ✅ FINANCIAL DISCLAIMER This Channel’s Content Should Not Be Interpreted or Construed As Financial Advice. We Are Not, and Do Not Claim to Be, an Attorney, Accountant, or Financial Advisor. This Channel’s Content is Not a Substitute for Financial Advice and is Solely for Entertainment Purposes.