Shadow Banking Scandal: Dollar Swap Lines
Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business - Un pódcast de The Rich Dad Radio Network - Miercoles
The most alarming interview you’ll listen to in 2020! Would you ever imagine that the American people are funding the cannibalism of our own industries? Thanks to something called dollar swap lines—which grants unlimited lines of credit to 15 central banks around the world—this is exactly what’s happening in the shadow banking system. In this episode, you’ll learn: What are dollar swap lines, and why you should care about them Why the U.S. would give an unlimited line of credit to countries Who approves the lines of credit Who is going to get screwed when these countries don’t pay back the loan And the most important lesson you’ll learn is if you own stock of a company that has assets in a country that didn't get a dollar swap line you might be facing the most risk of all. Hosts Robert and Kim Kiyosaki and guest Marin Katusa, author of The New York Times bestseller, “The Colder War,” discuss the risks associated with dollar swap lines, how lending to these countries will affect commodities, and most important is what you shouldn’t be doing if you have gold bouillon. For Rich Dad listeners ONLY…Get a full year of Marin Katusa’s PREMIUM research… for the lowest price you’ll ever see Marin has built one of the greatest investment track records in history (with wins of 1,852%, 1,050%, 1,450%, 2,400%… even 4,160%). But if his style of investing isn’t for you, you’ve got 30 days to get a full refund. Note: This offer will close without notice. Follow this link to take advantage of this offer => http://www.katusaresearch.com/richdad Learn more about your ad choices. Visit megaphone.fm/adchoices
