Japan Will Cause A $20 Trillion Financial Crisis

0:00Five weeks ago, in a cabin at Camp David

0:02in a room full of cameras, the Treasury

0:04Secretary of the United States sat down

0:06at a table and he put a yellow legal pad

0:08face up in front of him. A Reuters

0:10photographer took this picture and on

0:13the pad, in his own handwriting, was a

0:15to-do list. One line long and that line

0:17read, "Buy Japanese Yen, 5 to 10 billion

0:20dollars." Two days later, the United

0:22States government spent 87 billion

0:25dollars. And just 5 days after that,

0:27every dollar of it was gone and the

0:28thing that they bought was right back to

0:30where it started. You can call that an

0:32accident if you want. I don't think it

0:33was. By the end of this video, you're

0:35going to understand why a man in that

0:37job leaves a note like that face up on

0:39purpose and why the fact that it failed

0:41anyway is the most important thing

0:43happening in markets right now. Because

0:46this is not a video about Japan. This is

0:48a video about your 401k, your stock

0:50portfolio, and the interest rate that

0:52you owe on your house, your car, your

0:55credit cards, and just about everything

0:56else. The American stock market that you

0:59are invested in has been partially built

1:01on borrowed Japanese money for 30 years.

1:04Roughly 20 trillion dollars of it. Cheap

1:06loans out of Tokyo that got turned into

1:09American tech stocks, American

1:10government bonds, and the balance that

1:12is in your portfolio. And Japan is now

1:15asking for that money back. The last

1:17time even a fraction of it went back

1:19home to Japan in the summer of 2024, the

1:22Nasdaq dropped more than 6% in a single

1:24day and 5 trillion dollars of global

1:26market value disappeared inside of a

1:28week. Most Americans watched their

1:30portfolio fall that Monday and never

1:32found out why. That was just a fraction,

1:34but the position sitting there today is

1:37much larger. So, you're going to learn

1:38four things in today's video. What

1:40actually happened, what it does to

1:42American markets in dollars, what's most

1:44likely to happen from here, and how to

1:46position yourself properly for what's

1:48about to happen. Let's get into it. So,

1:50everything here fits on a ladder with

1:52three rungs and the ladder is the whole

1:54story. Rung one is words and words are

1:57completely free. We use them all the

1:59time. A Treasury secretary can let a

2:01notepad get photographed, and he hopes

2:03the market moves on its own. Rung number

2:05two is money, and of course, this is

2:07more expensive. That's the $87 billion I

2:10mentioned a moment ago. And buying your

2:11own currency is renting demand. You're

2:14the buyer, but the second you stop, the

2:16buyer is gone. And rung number three is

2:18policy. Japan raising its own interest

2:20rates. It isn't buy anything, it would

2:22just change the reason you want to own

2:23the yen at all. If Japan pays you 3%

2:26instead of nothing, which it

2:27historically has, the government doesn't

2:29have to be the buyer because you want

2:30it. It's the only rung that has ever

2:32worked, and it costs nothing to

2:34announce. And nobody has climbed it.

2:37Hold on to that because the reason

2:38nobody has climbed it is the thing that

2:40decides how all of this ends. Now,

2:42here's why all of this is relevant to

2:43you. For 30 years, money in Japan was

2:46free. Their central bank, which is just

2:48their equivalent of the Federal Reserve,

2:50held interest rates at zero, which meant

2:52nothing inside Japan paid anything. So,

2:55every pension fund insurer, every bank

2:57over there, sent their money here

2:59instead. That's how Japan became the

3:01largest foreign owner of US government

3:03debt on Earth. It wasn't because they

3:05really loved the US government, it was

3:07just because our capital markets

3:08actually offered a yield, whereas theirs

3:11did not. And roughly 1.1 trillion

3:14dollars of it. That money is now going

3:17home. And when people hear that, they

3:18picture a fire sale, like a trillion

3:20dollars of paper hitting the market on a

3:22Tuesday, but that's not what's

3:23happening. And the real

3:26and worse, and has much bigger

3:28implications for every asset that you

3:30hold. So, here's how this works. Every

3:32week, some of those bonds come due. So,

3:34the Treasury pays them back on schedule,

3:36exactly as promised. And Japan just

3:39doesn't buy the next one. So, America

3:41has to walk into the next week's bond

3:43sale and find a brand new buyer who

3:46didn't exist before, every single week,

3:48replacing a customer who has showed up

3:50every single month to buy bonds without

3:52fail for three decades. They have

3:53single-handedly been a large part of

3:55funding the US government, and now

3:57suddenly they're stepping away. And the

3:59only thing that would make a new lender

4:01raise their hand is a bigger payout.

4:04This stopped being drift a few weeks ago

4:06and became policy. Japan's finance

4:08minister publicly pushed their

4:09government pension fund, the largest

4:11pool of retirement money on the planet,

4:13to pull out of foreign assets and their

4:15insurers just flipped from selling their

4:17own government bonds to buying more than

4:19they have in several years. And the

4:21dollars to do that came from selling

4:24ours, from selling our own government

4:25bonds and our own financial assets, and

4:28I'll get to that in a moment. That

4:30Thursday, five weeks ago, Japan spent an

4:32estimated $53 billion in a single day

4:35buying its own currency. Not that month,

4:38that single day. The most that any

4:40country has ever spent in one day

4:43defending its own money. And on Friday,

4:45they did it again, another 34 billion.

4:47With the New York Fed buying alongside

4:49them for the first time since 1998. $87

4:52billion, two governments, 48 hours. And

4:55the yen went from 164 to 155 and then

4:59walked straight back within days to

5:01157.76,

5:02which is roughly where it is now. So, we

5:04spent $87 billion and got absolutely

5:08nothing. And this wasn't the first

5:10attempt. Look at the entire year. Five

5:12interventions in 2026, each one marked

5:15here. Each one with the move that it

5:17bought. You got 2.9%, 2.8, 2.2, 5.3, and

5:213.0. And the price today sits right back

5:24around 155, essentially where the year

5:26started. 14 of those since 2022. All of

5:29it funded in some way by you. Which

5:32brings me to the point of this whole

5:34video. I want to name it. A defended

5:36price is a price that only exists

5:39because somebody is standing underneath

5:41it with money. And it helps a lot if you

5:43have a money printer like the US Federal

5:46Reserve. On a screen, it looks identical

5:48to a real price. You get the same

5:49digits, the same chart, whatever. But

5:52the difference is that the real price is

5:53held up by people who actually want to

5:54own the thing, and a defended price is

5:57held up by an institution that can't

5:59afford to let it fall.

6:01Remember that, because in about 10

6:02minutes I'm going to show you how many

6:04of them you actually own without knowing

6:06it. And this isn't a forecast, it's

6:08actually already started. Yesterday, the

6:10yen moved 2 and 1/2% in 24 hours. It

6:13doesn't happen on its own. It happens

6:15when you have an entity, in this case a

6:17country, buying as much of it as they

6:19can. So, why doesn't Japan just climb

6:21rung number three and end it? They raise

6:23rates, they close the gap, they draw

6:25that capital back home, and they'd be

6:26done with it. Well, because Japan has to

6:28pick one of two things, and it can't

6:30have both. Option number one is they

6:32keep rates at zero, and the debt stays

6:35cheap, but the currency keeps dying,

6:37which means everything that Japan

6:38imports gets more expensive, and they

6:40import nearly all of their energy priced

6:42in dollars. So, all of a sudden a nation

6:44of savers gets poorer every month. And

6:47option number two is they raise rates

6:49and save the currency. Except more than

6:51twice the country's annual output starts

6:53accruing real interest. It's the same

6:55problem that we have here in the United

6:57States. Their own central bank owns half

6:59those bonds and takes losses on its own

7:01books. Estimates put it at roughly a

7:03quarter of the government's entire tax

7:05revenue consumed for every percentage

7:07point their borrowing cost rises. Not a

7:09quarter of the surplus, a quarter of the

7:12entire revenue. So, Japan can either

7:15save their currency, or they can save

7:17their bond market. There's no version

7:19where both of them survive, and they

7:21have to make a choice this month. Real

7:23quick, comment down below if anything

7:25you borrow got more expensive in the

7:27last 6 months, whether it's rent, a car

7:29payment, a card, your mortgage rate,

7:31anything. I want to see how widespread

7:33this actually is. And while you're down

7:35there, 84% of you watching right now are

7:37not subscribed, so hit subscribe and the

7:39bell to turn on notifications. It takes

7:402 seconds, and it helps more than you'd

7:42think. Okay, so what does this actually

7:44do to American markets? Why on earth am

7:46I talking about Japan for the first time

7:48ever on this channel? Why does it matter

7:50so much? Well, you have three channels,

7:52and they hit different things. Channel

7:54number one is what you pay to borrow.

7:56The Federal Reserve controls one

7:58interest rate. We all know about this.

7:59This is what you hear when you see the

8:01Fed raising or lowering rates. This is

8:04what they're doing. They control an

8:05overnight rate between banks. It doesn't

8:08control the rate on your life. The rate

8:10that really matters as far as your

8:11mortgage, your car loan, your credit

8:13card is concerned. That comes off of the

8:1510-year Treasury. And right now, it's

8:18paying out 4.7% near the highest in two

8:20decades. The 30-year is at 5.25%, which

8:24is a level we last saw around the global

8:26financial crisis. And the Fed hasn't

8:29raised rates once this year, but rates

8:32are going up anyway.

8:34In dollars, on a $400,000 mortgage, one

8:37percentage point is about $270 a month

8:40extra for 30 years. Call it $97,000.

8:44Nobody voted on it. I know you certainly

8:46didn't. It showed up in what you were

8:48quoted because a pension fund in Tokyo

8:51stopped wanting to own US government

8:52debt. And if you rent, you're not safe

8:55from this either. Your landlord's

8:57mortgage prices off of that same number,

8:59and it gets passed to you at renewal.

9:02Channel number two is your job, and

9:04almost nobody thinks about this.

9:06That same 10-year Treasury that I

9:08mentioned a moment ago also sets what

9:10every company in America has to borrow

9:13at. Corporate debt gets priced off of

9:15it. So, when that number goes up and

9:17stays up, companies that were planning

9:18to expand delay it, and companies

9:21carrying floating debt see their

9:22interest bill grow. And the first line

9:24item that gets cut is head count. Your

9:27job. The longer rates stay where they

9:29are, the higher a likelihood that

9:31layoffs ensue. This is the slowest of

9:33the three channels, and it's the one

9:35that people feel last. But, it's the

9:37reason that I'm talking about this at

9:39all. It's the reason why a bond auction

9:41in Washington eventually shows up at a

9:43hiring freeze and potentially a culling

9:46in your industry. You can watch this

9:48happening in Japan right now, which is

9:50useful because they're about 18 months

9:52ahead of us on the same problem. Their

9:5410-year yield hit 3% for the first time

9:56in three decades and Toyota said

9:58refinancing bonds coming due in the next

10:002 years could push its annual interest

10:02bill up more than 30%. A Bloomberg

10:05survey of 30 major Japanese firms found

10:07companies considering selling off their

10:09shares that they've held for generations

10:12just to pay down debt. And Japanese

10:14companies have issued over 110 billion

10:16dollars of bonds in dollars and euros

10:18this year specifically to avoid

10:20borrowing in their own currency.

10:22That's what rising borrowing costs do to

10:24a balance sheet and none of it makes the

10:25news as a crisis. It shows up as a

10:28company selling a division or freezing a

10:29hiring plan or canceling an expansion or

10:31whatever, but these quiet decisions, one

10:34at a time, compound

10:35until you notice that your industry

10:37stopped hiring and then the economy

10:39slows down and then all of a sudden

10:40you've got a major recession on your

10:42hands. And channel number three is the

10:44big one and this is your portfolio,

10:46whether it's your stocks, your 401k,

10:48other retirement, whatever. That 20

10:50trillion dollars I mentioned a moment

10:52ago of borrowed yen has a name and it's

10:54called the carry trade. And the

10:56one-sentence version of this is that the

10:58whole world has been buying American

11:00assets with money borrowed from Japan.

11:02So, you borrow at zero, you convert to

11:04dollars and you buy American bonds

11:06paying 4% or American tech stocks that

11:08compound faster than that. You pocket

11:10the difference and then you do it again

11:12with more leverage on top, which means

11:14that when you open your retirement

11:15account and you see that number on the

11:16screen, part of that number is there

11:18because Tokyo could borrow in order to

11:21buy it for free. Your index fund didn't

11:24rise purely because those companies got

11:25better. It rose partly, in fact, in

11:28large part, because there was an endless

11:29supply of nearly free money chasing

11:31them. But, now that that's starting to

11:34reverse, it's going to hit you in two

11:36big ways. The slow way is the 10-year

11:38itself. Every stock is priced against

11:40what a government bond pays, because

11:42that's the alternative. When a treasury

11:44pays nothing, people will pay almost

11:46anything for a share of a company that

11:47might grow, but when it pays 5%, that

11:50share has to compete with 5% risk-free,

11:53and the price comes down. Nothing about

11:55the company changed, the alternative

11:57just got better. And that pressure

11:59doesn't land evenly. It lands hardest on

12:01the companies whose value is mostly

12:04promises about future growth and not

12:06current revenue, which is exactly the

12:08handful of enormous technology names

12:10that now make up a major share of every

12:13index fund in America, including the

12:15ones that you own. If you own a total

12:17market fund and you think you're

12:18diversified, I want you to run the

12:20numbers on what percentage of it sits in

12:22about 10 or 12 companies. Well, those

12:25are the same 10 that borrowed money is

12:27most attracted to, and the same 10 that

12:29gets sold first when borrowed money

12:32comes home. The fast way that this

12:34impacts you is the margin call. We've

12:36all heard this before, the forced

12:38selling that causes a sudden flash

12:40crash, and we've already seen it. August

12:432024, Japan raised rates by a quarter of

12:461%, and that was the entire trigger that

12:48by the following Monday, the yen had

12:50gone from 161 to 142, which erased more

12:53than a year of profit for everybody in

12:55the carry trade at once. And when you're

12:58levered and the loan turns against you,

13:00you get a margin call. And of course,

13:02that means forced liquidations, it makes

13:04you sell whatever you can sell in order

13:06to pay it back. And that meant American

13:08stocks. Japan's market fell 12.4% in a

13:11single session, its worst day since

13:121987, and the Nasdaq fell more than 6%

13:16in one day. 5 trillion dollars was

13:18completely evaporated in a week. And

13:20it's nothing that happened in America

13:22that week. No bank failed and no war

13:25started, earnings were fine. These are

13:26all reasons we typically think of for a

13:28market crisis. You don't think that a

13:30central bank on the other side of a

13:31planet moving a quarter of 1% would

13:34cause every 401k in this country to

13:37crater, but it does, and that's why I'm

13:39talking about it because it's at risk of

13:41happening again. Most people who lost

13:43money and are at risk of losing money

13:45now still don't know why. That was a

13:47fraction of the trade unwinding. The

13:50position going into this month is much

13:52bigger than it was in 2024. And the bets

13:55against the yen are the largest in the

13:56entire history of the data. Now, here's

13:59the part that reframes this entire

14:00video. Ask yourself why the American

14:02Treasury Secretary spent American money

14:05defending a foreign currency at all.

14:07The official answer is that allies help

14:09each other, but that's not the real

14:11answer. Roughly half of all consumer

14:13spending in this country now comes from

14:15the top 10% of earners. And that group

14:17spending tracks their portfolio, not

14:19their paycheck. So, the chain runs like

14:21this. If stocks fall, this group stops

14:23spending. If spending stops, GDP falls.

14:26And if GDP falls, you get a recession.

14:28In an economy carrying nearly $40

14:31billion of debt that's only serviceable

14:33if growth continues, which means that

14:36there is now a standing commitment,

14:38written down nowhere, that the stock

14:40market is not allowed to crash. That

14:42notepad was not a favor to Japan. It was

14:45a floor under the American stock market.

14:47Because if Japan's money comes home in a

14:49rush, it comes out of American stocks.

14:51And American stocks falling hard is the

14:54one outcome that Washington cannot

14:56tolerate. Not for your sake, but because

14:58the fiscal position of the United States

15:00depends on it not happening. The

15:02Treasury Secretary wasn't defending the

15:04yen, he was defending your portfolio

15:06with your money. And he did it because

15:08the alternative was worse for him than

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16:35So, [snorts] what happens from here?

16:37What should you be doing to prepare, and

16:39what are the likely outcomes going

16:40forward? Well, let's start with the

16:42number I'm watching because it's the one

16:44that tells you when. It's the difference

16:46between what America pays to borrow for

16:4830 years and what Japan pays. America's

16:51is at 5.25% while Japan's is at 4.18%.

16:56The highest it has ever been in the

16:57history of that country. The difference

16:59between the two is 1.07%.

17:0218 months ago, it was 3.6%.

17:0620 trillion dollars got stacked on top

17:08of 3 and 1/2 points of nearly free

17:09money, and today, there's barely one

17:12point left. 2/3 of its oxygen is gone in

17:15a year and a half, closing from both

17:17ends, because Japan's rates are climbing

17:18to records while our own Federal Reserve

17:21sits still. If that gap breaks below 1%

17:24and holds, the math stops working and

17:26the unwind from American stocks stops

17:29being a forecast and it becomes reality.

17:31Japan Central Bank meets next week with

17:34the market pricing roughly 60% odds of a

17:36rate hike. So, there are three paths

17:38from here and I want you to notice where

17:40all three of them lead because this will

17:42decide the outcome of your portfolio and

17:44every asset you own for the next couple

17:46of years. Path number one is that Japan

17:48hikes rates and if they do this, the

17:50trade unwinds fast. Yen loans have to

17:53get repaid, which means Yen gets

17:55purchased, which strengthens the Yen

17:56further, which triggers more margin

17:58calls, which forces more selling of the

18:00very assets that you own. That loop is

18:02why these happen in days instead of

18:03months. If you want to know what the

18:05first 48 hours look like, look at Monday

18:07in August 2024 and remember that the

18:10position is much bigger now. If the

18:11Nasdaq fell 6 and 1/2% in one day that

18:14time, imagine how much bigger the crash

18:16could be this time. Path number two is

18:18that Japan doesn't hike. The Yen keeps

18:20sliding, which just means more

18:21intervention, more emergency facilities

18:24and more dollars created to fund those,

18:26because Washington isn't going to let

18:28Japan pay for it by dumping our

18:29treasuries. That's the whole reason we

18:31sold Euros instead of dollars five weeks

18:33ago. And path number three, and this is

18:35the one most people are quietly betting

18:37on, is that it just grinds. Japan hikes

18:40rates slowly and the trade bleeds out

18:42over a couple of years and just

18:44continuously applies downward pressure

18:46on the American stock market.

18:48That's genuinely possible and I'd be

18:50lying if I said otherwise, but watch

18:52what happened after path one last time.

18:55Japan Central Bank walked back its

18:57position almost immediately and the S&P

19:00recovered nearly everything inside of a

19:02week. They didn't let it stand. They

19:04cannot let it stand for exactly the

19:06reason I gave you before the break. The

19:08floor under the stock market is a fiscal

19:10requirement. They genuinely cannot allow

19:13a recession or a stock market crash to

19:15occur, otherwise it would completely

19:17break the math on the US debt market.

19:20So, path one is a crash followed by a

19:22rescue. Path two is a rescue without the

19:24crash, and path three is a slower path

19:26two with more rescues along the way.

19:28Each one smaller and more frequent. You

19:30have three paths, but the destination is

19:32the exact same, and the destination is

19:34always more money created to hold a

19:37price in place. More money printed out

19:39of thin air, which impacts you directly

19:41and devalues every asset you own. Which

19:43is why I'm not that interested in

19:45guessing which one we take. The question

19:47isn't which door is going to happen,

19:48it's what you own on the other side of

19:50it, because all three open into the same

19:52room. Which brings me to what I would

19:54actually do about this. Four things.

19:57Number one, do not be levered into this.

19:59What turned August 2024 from a bad week

20:02into $5 of losses wasn't that people

20:04were holding stocks, it's that they were

20:06holding stocks in a levered fashion.

20:08Margin calls do not care about your AI

20:10thesis. If you're using borrowed money

20:13going into a month where one central

20:14bank meeting can move a currency 3%

20:16overnight, you are not an investor in

20:18that scenario. You are at risk. The

20:20highest value thing most people can do

20:22right now costs nothing, and that's make

20:24sure nothing you hold can force you to

20:26sell on somebody else's schedule. Number

20:29two is know which things you own need a

20:32defender. I talked about the idea of a

20:34defended price. Long-dated government

20:36bonds are the most exposed asset in this

20:38entire story, because the argument of

20:40this whole video is that their largest

20:42foreign buyer is walking away. The price

20:44of replacing them is a worse price for

20:46everyone already holding. So, if you own

20:48long bonds because someone called them

20:50the safe part of the portfolio, look

20:52again at what you're actually holding.

20:54And number three,

20:55cash feels like the answer to all of

20:57this. Hide out in cash, wait for the

20:59stock market to crash, but it isn't.

21:01Some cash is great because it's what

21:03lets you act instead of react when

21:05things go on sale, but cash is the one

21:07asset whose supply is the answer to all

21:10three paths. They will print more of it

21:11and devalue what you've got. So, holding

21:13it through this is a way to survive a

21:15week, but ultimately potentially lose a

21:17decade. And the fourth thing, and this

21:19one follows from everything else, own

21:21the things that go up when a rescue

21:23happens. Because a rescue is coming

21:26through all three doors. Watch what has

21:27already happened every time they've

21:29reached for a new tool in the last few

21:31weeks. They defended the yen without

21:32selling American debt, and gold and

21:34Bitcoin spiked. The Treasury quietly

21:37re-worked what it issues in order to

21:38hold long-term rates down, and gold and

21:40Bitcoin spiked. And a central banker

21:42went soft on the next hike, and gold and

21:44Bitcoin spiked. Do you see a pattern

21:46here? Every time policy makers invent a

21:48new way to stop interest rates from

21:49rising, the assets that nobody can print

21:52go up. And as the deck gets bigger, they

21:54get more inventive, not less. That's not

21:56a price prediction, it is just a

21:58structural observation of the way that

21:59they've been doing things. And you can

22:01check it the next time it happens, which

22:02will be inside the next few weeks.

22:04There's a rule that has held for 20

22:06years. When the yen spikes, everything

22:08else sells off. In 1996, a hedge fund

22:11blew up so badly the Fed had to organize

22:13a rescue. You had 2008, 2020, 2024.

22:17Every time that the yen ran, something

22:19broke. And yesterday, the yen went up 2

22:21and 1/2%. As a result of it, Bitcoin

22:24went up 5%. That's not supposed to

22:26happen. But the reason it did is that

22:28this rescue was funded without selling a

22:30single American bond. They used a

22:32Federal Reserve facility and a Treasury

22:34operation instead. Which means what

22:37happened in and of itself was an

22:38injection of new money into the system.

22:41The market worked that out faster than

22:42most people did, and Bitcoin re-priced

22:45higher as a result. Which is really the

22:47whole thing. Your mortgage is a defended

22:49price. Your job market is a defended

22:51price. Your portfolio is a defended

22:53price. All propped up by 20 trillion

22:55dollars of somebody else's borrowed

22:57money, and a Treasury Secretary who

22:58cannot afford to let let fall. Because

23:01the government's own solvency depends on

23:03it not falling. The yen is a defended

23:05price that two governments spent 87

23:08billion dollars on and lost it in about

23:10five days.

23:11Bitcoin is the only price in this story

23:13with nobody standing underneath it. No

23:16institution can spend 87 billion dollars

23:18to hold it up and no institution can

23:20spend 87 billion dollars to hold it

23:22down. People call that a weakness right

23:24up until the moment that the defenders

23:25run out of the room and that they're

23:27about to print a ton of money. So, you

23:29have three rungs. Words are free and the

23:31market called the bluff. Money cost 87

23:33billion dollars and bought just five

23:35trading days and the top rung is free.

23:37It's the only one that works and the

23:39second anybody climbs it, the 20

23:41trillion dollars stacked underneath

23:43comes down the ladder all at once. The

23:45cheapest rung failed, the most expensive

23:47rung failed and the one that's left is

23:49the one that reaches into your account

23:51and could crash every single asset that

23:53you own. So, stop asking where interest

23:56rates are headed and start asking this

23:58about every single asset you own. Is

24:00this asset priced where it is because

24:02somebody actually wants to own it or

24:04because somebody can't afford to let it

24:06fail? And if you own too much of the

24:08second one, you might want to reconsider

24:10what you're holding. Now, if you want to

24:12see how I'm actually tracking this

24:14week-to-week, that's what the Hard Money

24:15Room was built for. It's community I run

24:17for serious Bitcoin investors and that

24:19gap I just showed you, the one sitting

24:21at 1.07, is on the live dashboard I

24:24built in there and it gets updated every

24:25single day. You also get the weekly live

24:27discussions where we go through all the

24:29charts together and I answer questions

24:30directly so you can navigate markets

24:32with ease. If that's valuable to you,

24:34the link is the first one at the top of

24:36the description. I also put these videos

24:37out early for channel members. So, if

24:39you want them before everybody else, hit

24:41the join button down below. And if you

24:42haven't already, subscribe and hit the

24:44bell so you get notified the moment the

24:45next video goes live. If you'd rather go

24:47through your own situation with me

24:49one-on-one, I do one-on-one sessions and

24:51the link is in the description as well.

24:53And if you want the other half of this,

24:54go watch the video I made on what 1

24:56million dollars per Bitcoin would

24:57actually require because it's the exact

24:59same machine that's seen from the other

25:01end. It's a logical next watch after

25:02this one and I'll see you in the next

25:04one.