Is the ‘Fourth Turning’ Here? Is a Civilization Crisis Inevitable? – Peter St Onge (Pt 2/2)
(Part 2/2): Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Peter St Onge, Economist at the Heritage Foundation, on the sidelines of the Pacific Bitcoin Festival. They discuss the “Fourth Turning” — the term used to describe a cyclical civilizational-type crisis. St Onge explains the dangers of weaponizing the U.S. dollar and weighs in on the BRICS expansion, including the move to de-dollarize and the probability of an external gold-backed rail that would be used for trade. He also explores the idea of the BRICS nations using Bitcoin.
Watch *Part 1 here*: https://www.youtube.com/watch?v=X0naDa1Yw-U
*Swan Bitcoin* 👉https://Swan.com
*Pacific Bitcoin Festival* 👉 https://www.pacificbitcoin.com/
Follow Michelle Makori on X: @MichelleMakori (https://twitter.com/michellemakori)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow)
Follow Peter St Onge on X: @profstonge (https://twitter.com/profstonge)
00:00 - Intro
01:34 - Dangers of the de-dollarization trend
11:49 - BRICS and gold-backed currency
18:21 - The ‘Fourth Turning’
28:27 - What can be done to avoid the ‘Fourth Turning’
__________________________________________________________________
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Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News.
Видео Is the ‘Fourth Turning’ Here? Is a Civilization Crisis Inevitable? – Peter St Onge (Pt 2/2) канала Kitco NEWS
Watch *Part 1 here*: https://www.youtube.com/watch?v=X0naDa1Yw-U
*Swan Bitcoin* 👉https://Swan.com
*Pacific Bitcoin Festival* 👉 https://www.pacificbitcoin.com/
Follow Michelle Makori on X: @MichelleMakori (https://twitter.com/michellemakori)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow)
Follow Peter St Onge on X: @profstonge (https://twitter.com/profstonge)
00:00 - Intro
01:34 - Dangers of the de-dollarization trend
11:49 - BRICS and gold-backed currency
18:21 - The ‘Fourth Turning’
28:27 - What can be done to avoid the ‘Fourth Turning’
__________________________________________________________________
Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news.
SUBSCRIBE to our channel to stay up to date on the latest market and industry news.
For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets - visit us at https://www.kitco.com
To get market updates on the go, download the Kitco Gold Live! APP - https://applications.kitco.com
Stay connected:
Twitter - https://twitter.com/kitconewsnow
Instagram - https://www.instagram.com/kitconews
Facebook - https://www.facebook.com/KitcoNews
LinkedIn - https://www.linkedin.com/company/kitconews
StockTwits - https://stocktwits.com/kitconews
Live gold price and chart: https://www.kitco.com/gold-price-today-usa/
Live silver price and chart: https://www.kitco.com/Silver-price-today-USA/
Live crypto market data: https://www.kitco.com/price/crypto/
Learn more about Kitco News: https://www.kitco.com/news/about/
For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: www.kitco.com/advertising
Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News.
Видео Is the ‘Fourth Turning’ Here? Is a Civilization Crisis Inevitable? – Peter St Onge (Pt 2/2) канала Kitco NEWS
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