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Lynette Zang, CEO of Zang Enterprises, discusses the precarious state of the U.S. and global economies, emphasizing unsustainable debt levels and the potential for hyperinflationary depression. Zang speaks with Kitco News on the sidelines of the Vancouver Resource Investment Conference (VRIC).
Key points:
-The current system is nearing collapse due to excessive debt and the manipulation of financial markets
-Zang advocates for the acquisition of physical gold and silver as a hedge against economic instability, warns against reliance on fiat currencies
-Coming crisis will exceed that of 2008
Zang also stresses the importance of community and self-sufficiency in navigating future economic hardship, while expressing concern over the looming implementation of Central Bank Digital Currencies (CBDCs).
Special thanks to our sponsor Snowline Gold Corp for making this coverage possible.
Visit https://snowlinegold.com/ today.
00:00 Introduction and Welcome
00:59 Credit Card Crisis and Economic Health
02:00 Life Cycles of Currencies and Debt
04:09 Banking System and Systemic Issues
07:10 Hyperinflation and Economic Predictions
20:35 Strategies for Inflation and Wealth Preservation
27:12 Conclusion and Final Thoughts
#EconomicCollapse #Hyperinflation #GlobalDebtCrisis #GoldInvesting #SilverInvesting #FinancialCrisis2025 #CBDCs #PreciousMetals #WealthPreservation #SystemicRisk
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