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Join the Trader University email list: https://www.trader.university/email-list In this video, I discuss the ongoing global financial crisis and other reasons for the Federal Reserve's emergency meeting on Monday. There is almost certainly another large entity or entities like Credit Suisse or Deutsche Bank that are close to insolvency, and this is the reason for the emergency meeting. The Fed has chosen to keep hiking until something broke, and now so many things have broken that they need to quickly pivot back to printing money and growing their balance sheet again. Unfortunately, high inflation is the only way out of this mess, and the sooner the Fed gets on board with this, the better. Not investment advice! Consult a financial advisor. Major investment bank on the brink? https://twitter.com/DaveTaylorNews/status/1576137253734076418 https://twitter.com/JamesMelville/status/1576117664132386816 Australia's central bank goes bankrupt: https://twitter.com/StuntPope/status/1576209374535524353/photo/2 Fed emergency meeting for October 3: https://www.federalreserve.gov/aboutthefed/boardmeetings/20221003closed.htm https://www.acus.gov/sites/default/files/documents/17%20Government%20in%20the%20Sunshine%20Act%20Basics.pdf US debt clock: https://www.usdebtclock.org/ Fed's Bullard waking up to reality: https://twitter.com/DeItaone/status/1575482680007102465 Nuclear war coming? https://www.newsweek.com/russia-nuclear-weapons-strike-america-west-warning-nukes-everybody-dies-vladimir-putin-1745649 US debt to GDP: https://fred.stlouisfed.org/series/GFDEGDQ188S I clearly got this one wrong: https://www.youtube.com/watch?v=AIbnO1lQd5E&ab_channel=TraderUniversity Check out my online trading courses: https://www.trader.university/join Use this secret coupon code to get a discount: YT99 Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market": https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5 I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #fed #stockmarketcrash #bitcoin Disclaimer Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.