Why is my money losing value? Five global financial crisis warning signs landed in a single week, and Felix Prehn connects them into one story most news outlets won't.
Japan's 10-year bond yield hit nearly 3%, the highest since 1996, and the 30-year crossed 4% The yen fell to 163 per dollar, the weakest level in 40 years The US and Japan spent roughly $85 billion in two days to stop Japan's bond market from collapsing South Korea's stock market dropped 10% in one session, the worst single day in its history The exchange triggered a circuit breaker and froze all trading SK Hynix and Samsung, the two biggest chip makers on Earth, fell 9% and 6% in one day Concentration in AI and chip stocks plus borrowed money caused a chain reaction of margin calls The Federal Reserve's balance sheet started growing again at roughly $40 billion a month The Fed labels the money printing "reserve management purchases" instead of quantitative easing US long-term interest rates kept climbing even after a weak jobs report The bond market is signaling it no longer trusts the US government's ability to manage its debt US government debt is approaching $40 trillion with interest payments near $1.4 trillion a year Bank of America strategist Michael Hartnett titled his note "Strife Begins at 40" and advised long gold, anything but bonds, anything but the dollar VP JD Vance called the dollar losing reserve currency status a "resource curse" on camera Gold pulled back about 20% from its all-time high earlier in 2026 and is quietly building back up Legendary investor Jim Rogers said he sold nearly everything except gold, silver, and a few Uzbekistan shares All five events point to the same pattern: the money printing effect on savings is already here, not coming
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Video Summary
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Economist Felix Brin warns that global financial instabilities—from crashes in Japan and Korea to US debt levels—are symptoms of a single, interconnected systemic crisis. He argues that currency devaluation is inevitable and urges individuals to move away from traditional savings and government bonds toward a systematic investment approach centered on hard assets to protect wealth.
Everything I've been warning you about for about eight months just happened in a single week,
and Winston has to lie down on that news because it's tough. Literally, the Japanese,
the Japanese bond market cracked, the US Treasuries quietly stepped in to catch it,
Korea's AI darlings dropped more than 10% in one session and tripped their circuit breaker that
freezes the entire market, US interest rates are climbing even after terrible jobs, the bond market
is telling you it doesn't believe anybody anymore, it's completely disillusioned, and then the part
I still can't quite believe, the vice president of the United States went on camera, not once but
twice, and called the dollar being the world's reserve currency a the sitting vice president,
yes? Vance, that chap. So he's saying the quiet part out loud. Now, look, I'm not doing this to
take a victory lap, I'm not going to sit here and say, I told you so, well, I just gave some
satisfaction. But Winston says it's insufferable. No, I'm doing it because all of that landed in
seven days, and then the thing I've actually been warning about, the slow deliberate shrinking of
the money sitting in your bank account, isn't coming anymore. It's already here. It already
started. And what nobody on the news will connect for you is this, the Japan story, the Korea story,
the Fed printing again, the interest rates, and the VP's little speech, they're not five separate
stories. They are one story. The same one I've been telling you since January. And this week,
it stopped being a forecast, and it turned into literally the news. My name is Felix Brin. I'm an
economist. I used to be an investment banker. I'm also the founder of the Goat Academy, where my
mentors have taught some 25,000 people. And this down here is Winston. Winston, come on, up, up,
up, up, up, up. There he is. He deserves some applause for that, doesn't he? Right? Winston
in the comments. He's the head of research, of course, around here. And the only thing I really
want you to know about us is that we never paid for any of this. We never are promoted, endorsed
by any brand, any company, any stock, any fund. There is no index fund. We're selling you on the
back end or a brokerage where we're pitching or something. We don't do that because we are very
fortunate to not have to do that. And I quite like to be independent, so I can tell you about what I
want to tell you. And it might not please everybody, quite frankly. Now, the second thing I wanted to
know is that what I'd like to show you is not complicated, but there is a lot to it. So put
everything you need to actually know to make better savings decisions, better investments decisions
in one free report. It's free. It's in plain English. It walks you through where the money
is quietly leaking out of your accounts into right now and the handful of things people
can do about it. It's free. So go to phoenixfriends.org slash dollar and you'll get it straight away.
Links down below in the description. So let me give you the whole week on one page first. Then
we go one by one. Five things happened. Japan's government bond market broke and it had to be
rescued like a drowning puppy, which would be terrible. Korea's stock market fell so hard
it got shut down, literally shut down. The Fed, America's central bank, the people who control
how many dollars exist, quietly started printing new money again because they just can't help
themselves. It's so fun. US long-term interest rates kept climbing, which is really not what
it's supposed to do. And the vice president went on camera and questioned the one thing
no American politician is ever supposed to question. The Don. So five stories. One story.
So here we go. Let's start with good old Japan. People in the West don't seem to watch this.
I spend most of my year in Hong Kong. I'm a little bit closer to Japan than you probably
are physically. But the plain English version is this. For decades, Japan has been the country
that lends the world money and basically zero interest. They were very generous.
And it held up a lot of global finance. Why? Well, it is free money. Free money is pretty
good if you're trying to make money. But this month, that deal started to snap. The interest
rates Japan has to pay to borrow for 10 years jumped to almost 3%. It's the highest it's been
since 1996. Now, what happened in 1996? I don't know, the Spice Girls or something like that,
right? And the 30-year yield, it went to over 4%. And the numbers sound small, I get that.
But for a country with as much debt as Japan, a move like that is, I was going to say earthquake,
but they got all of those. And their currency, the yen, it fell to 163 to the dollar. Again,
sounds like a random number, but it's the weakest in 40 years. Chit show, I was going to say.
Probably a full-blown crisis would be more polite. The US-Japan quietly stepped in together
and spent about 85 billion dollars in two days to stop this market collapsing.
It wasn't called a rescue, no, no, no. But that's what it was. And if you watched my previous videos,
I told you that they do exactly this. On August 10th, I put up a video literally called
They Crashed Japan On Purpose. Two weeks before that, I put one out called Japan's Central Bank
Just Collapsed. And back in July, I came up with the very calm and relaxed title of Japan's
Currency Just Exploded. And the hint was gold. And I wasn't guessing. This was the most predictable
crisis on earth and it just happened on Shedia. And I want you to sit with what you just watched
for a second, because this is the part that should actually bother you. A whole country's
bond market broke this month and it got rescued in the dark by the US of A, and you found out
after the fact. And that's the position ordinary people are in right now. Stuff this big is
happening to your money, your pension, your savings, your house deposit sitting in the bank,
and you're finding out from a headline days late, when the decisions have already been made for you,
when the top 1% have already moved their money, you're reacting, you're guessing,
you're hoping it's going to work out. And the hard truth I've watched play out for years is
that the people who get quietly wiped out in a week like this don't do it by picking bad stocks.
They do it because they never had a system. No plan for when things would break. No idea what
to actually do on the morning the news is bad. It's like driving around in a car with no insurance.
So they freeze and they hope. And that's the exact thing I want to fix for you. And that's why
I'm going to run a live event this Saturday. And I call it how to invest like the 1% without being
one of them. No privilege required. No dad required. None of that. Because the wealthy
don't have better stocks than you. They generally don't. What they have is a better system,
a set of rules that tells them what to do before the crisis, not after. And on Saturday,
I'm going to show you exactly what that system looks like and how to run it on any size portfolio,
whether you have $10,000 or, you know, $10 million or something in between.
You can get your free seat at howtoinvest.org. I put a number two between the two letters,
which is, I'm told, a grammatical crime. But the other domain name wasn't available. So there we
go. Forgive me. It's at 9 a.m. Pacific time. That's 12 noon on the East Coast. And it's 5 p.m.
in London, the center of the world. That's what it is. Just ask the English and I'll tell you.
And grab yourself a seat. Come straight back because we're going to look at Korea. And Korea
is what happens when people don't have that system. I wish every Korean would show up on Saturday.
Seriously. South Korea's stock market fell 10% in a single day. In human terms, that is the single
worst day in the history of that market. It was so violent that the exchange did something it
almost never does. It hit what they call a circuit breaker. The circuit breaker is exactly what it
sounds like when the market falls too far too fast, they flip a switch and they turn off the market
to stop the panic or maybe create a bit more. And it wasn't a one-off. A few days later,
it came back for round two. Their two biggest stocks, basically in the Korean stock market,
two companies. One's called SK Hynix and the other one's called Samsung. Two biggest chip makers on
earth. They both went down, you know, 9 and 6% in one day. So what happened? Two things. I need
to understand both because the same setup exists in the U.S. right now. First, concentration.
Almost the entire Korean market had piled into a tiny handful of AI and chip stocks.
And when too much money crowds into too few stocks, the whole market becomes those few names.
They go down, everything collapses. And second, and this is the dangerous part, leverage. That's
borrowed money. A lot of people had borrowed to buy those stocks. So when the stocks dropped,
the lender said, give me money now, right? Was that a really offensive? That was not meant to
be a Korean accent. That was just me being silly. I apologize profusely for my general
insensitivity. And I love the Koreans. I actually do love Korea. Korea is a fun place. Go to Seoul.
It's a really fun place. Lovely people. So to get the cash, people are forced to sell,
which pushes prices down more, which triggers more margin calls, right? It feeds on itself.
And that's why it happens in one mile a day instead of slowly. Now, here is, let me show you
where I caught it, right? Gloating again, isn't he? Twit. On July 22nd, before any of this happened,
I put out a video called Korea's AI bubble just exploded. And a week before that,
Wall Street is pumping AI stocks. So why are they falling? And it was pointing at Korea
specifically. Because Korea is the most concentrated AI bet on the planet. And the
most concentrated bet, always the one to break first. Now, look at your own portfolio while I
say this. If most of your gains this year came from three or four tech names, you have a career
shaped hole in your portfolio. Again, I'm not trying to scare you. It's just the same maths.
Again, while I'm urging you to show up for the live event on Saturday, because we'll fix that.
Now, the third part is the one that they really don't want you to notice, because it's,
well, it's really boring. And that's why they keep it boring. It's not where you don't pay
attention. The US Federal Reserve, I see people have already fallen asleep, is quietly creating
money. Not with a big announcement, no press conference. They stopped doing that after 2008,
because everybody learned the word QE, quantitative easing. So now they use
different words. Now, let me translate. When the Fed creates new dollars and uses them to buy
government debt, it is money printing. The technical name is quantitative easing. Nothing
easy about it. Every new dollar they print makes the dollars already in your bank account worth a
little bit less. That's the whole game. That's the thing I keep coming back to. And this month,
the Fed's balance sheet, the pile of money that they basically have, which grows when they print,
guess what? It started growing again. They're doing an emergency lending through something
that they now call the repo markets, which is just the plumbing banks used to borrow.
And they've got a really lovely phrase for buying bonds now. They call it
reserve management purchases. It sounds really, really, really dull, but it's quantitative
easing. It's money printing. But they don't call it that. Forty billion dollars a month.
Now, remember Japan from a few minutes ago? That $85 billion rescue? Same machine. When the Fed
helps catch a foreign country's market, they're printing dollars. It's all the same faucet. And
the faucet is back on, baby. And I told you about this on August 4th. I said the Fed just did the
unthinkable. I called it the global monetary reset because it sounded dramatic. And we can
have some fun with our titles. On July 10th, I said the Fed just reset the stock market.
And all the way back in June, I put out a video that said Trump to flood the market on this case.
And I told you the money printer was coming back and they disguised it. It came back and they
disguised it exactly like I said they would. But the one that actually made me sit up this
week and pay attention, it's really why I'm making this video, is, and I appreciate 90%
of the audience is going to fall asleep as I say this, just this word. US long-term interest rates
kept climbing even after a really bad job report. Now, why does that matter? Normally when the
economy looks bad, investors buy government debt for safety and it pushes down interest rates.
And it's been like this for as long as I remember. But this week, the bad news came out and the
interest rates went up anyway. And that's a tell. That is the bond market saying,
I don't trust this government. And that's never been a small thing. And US government debt is
about to hit $40 trillion, right? Which is a little extraordinary. Interest rate's going to
be about $1.4 trillion a year. It's going to be the single biggest thing the government spends
money on. More than social security, more than defense, sorry, war. So literally ridiculous, right?
And one of the most respected strategists on Wall Street is a man named Michael Hartnett. He's a
Bank of America head honcho. He put out a note this week and he titled it, strife begins at 40.
And he writes it like that because that way no human being would understand it unless you lived
on Wall Street. But it was a play on $40 trillion. And his one line advice cupped kind of through
everything. The trade, he said, is long gold. They say long to avoid the word buy. Don't ask me why,
but that's what they do. He even had a little shorthand for it. Anything but bonds. Anything
but the dollar. So when the most mainstream strategist on Wall Street is quietly telling
his clients to get out of the government bonds, the debt, out of the dollar, it's no longer some
lunatic, you know, tinfoil hat YouTuber view. No, it's like the official memo of the Bank of America.
Now, back in May, I told you about this. I had put a video out that was called the first domino in the
US debt crisis. And in April, I put out a video saying the new Fed shares planned to cancel
America's debt. And I told you the debt math doesn't work and that when it stops working,
the bond market is going to tell you first. This week, the bond market told you. And that brings
us to the one I didn't see this coming. I genuinely did not expect to see this on camera.
For 80 years, the dollar has been the world's reserve currency. In plain English, that means
the money the whole world uses to trade with each other and to store their savings is the dollar.
Oil is priced in dollar. Countries hold it in their vaults. And that status is the single biggest
privilege the United States has. It lets America borrow and spend in a way no other country on earth
can. And this month, the vice president of the United States went on camera and called the status
a curse. Now, I want to be precise here because precision is the whole point of this channel.
He didn't announce the end of the dollar. Nobody signed anything. What he said, and you can watch
it yourself and put a clip in, is that being the world's reserve currency acts like a massive
subsidy to the American consumer, you, and a massive tax on the American producer. He called
it a resource curse. So think about what that means coming from the second most powerful person
in the US government. The people who benefit the most from the dollar's throne are now the ones on
camera describing it as a burden they'd like to put down. So when the guys holding the crown start
calling it a little heavy, it's important to listen. Because de-dollarization, the world's
slowly moving away from the dollar, isn't some conspiracy theory anymore. It's being narrated
out loud by Mr. Vice President himself. So I'm no longer the lunatic I was accused of being
because on July 30th I put out a video saying the Global Currency Reset is set. That was a few days
ago. And actually no, the petrodollar collapse was a few days ago. Back in May I put out a full
explainer called the Globally Monetary Reset, everything you need to know, and I've been telling
you the world is quietly walking away from the dollar. So this week the Vice President said it
for me, what I've been telling you for months. Let's put all of these five together into one
picture and then give you the one number I promised at the start. Japan's breaking, Korea is freezing,
the Fed is printing money, interest rates are climbing when they shouldn't be, the Vice President
says that the dollar status is a curse. You put all of these next to each other and it stops looking
like five stories and it becomes one. The slow deliberate shrinking of what your money is worth
to deal with the debt. When money everywhere is being quietly watered down there is one thing
because you can't print it and it's gold. It's not me saying it, it's Bank of America saying it.
I'm not a financial advisor, I'm not telling you to run out and buy gold, but gold and its
wilder brother silver are what the bankers are pointing. But you might be saying, but hang on,
it is a gold chart. We're not at record highs, it's true. It hit an all-time high earlier this
year, it pulled back, it's sitting about 20% below that peak. And that's why I'm talking about it
instead of six months ago. We also talked about gold six months ago. But gold is building itself
back up again from what I'm seeing from that mid-year dip quietly while everyone's distracted
by AI stocks. So the best time to look at something is when it's climbing out of a correction and no
one's cheering it. That's my humble opinion. Please don't run out and buy on the basis of
my opinion. You've got to come to your own. But again, this isn't actually new. In August,
I put a video called unthinkable gold and silver and something about AI being a trigger. In July,
I came up with a completely new title, which was something about the unthinkable gold.
And back in May, I said, if you don't understand silver, you'll bug it. And this month,
we did an interview with one of the most legendary investors in the world, Jim Rogers,
who was in with George Soros many, many, many years ago. Those guys made 100 times what the
market did in those 10 years. And he said that he sold basically everything except for gold and
silver and a few random Uzbekistan shares. And I've been pointing at this corner of the market
for a long time, patiently, even when it's boring. And I think it's about to stop being boring.
So where does that leave you? Everything I just walked you through, Japan, Korea,
the printing, the interest rates, the VP, all of it happened in a week, right? The news doesn't
seem to connect. And that's the problem, right? It's not that the information is hidden. It's
just that it's coming at you in all these pieces out of order days late, and you're trying to
figure it out. But it's just a bit overwhelming. And that feeling, that mix of, I knew it, but
what do I do now? That's a gap. And that gap is where people lose money they didn't have to lose.
So let me help you close that gap. This Saturday, we're going to run a live event, first time ever,
called how to invest like the 1% without being one. The wealthy don't have a better system.
They have the rules. Why? Because they have a better bank. Quite simple. So I'll show you what
that system looks like. The system that gets taught to the investment bankers, to the traders,
right? To the lovies on Wall Street. And you can use that whether you have, you know, a thousand
dollars or a million dollars or whatever. And all you got to do is get yourself a free seat.
Links in the description, howtoinvest.org. It'll be at 9am pacific time. We've never ever run
anything at 9am pacific time. It'll make sense for you if you show up there while I'm doing 9am
pacific time. And everything I've been talking about the last year just happened in a week.
But next week is still unwritten. So come and let me show you how to be ready for it.
See you on Saturday. And I wish you all the best.
Yesterday, an entire country hit the emergency brake on its own stock market.
Korea. Shares fell so fast the exchange literally stopped all trading to try and stop the panic.