Delinquencies on Debt Surging: ‘ Huge Humanitarian Crisis Already Happening’ | Lynette Zang

Lynette Zang, CEO of Zang Enterprises, discusses the precarious state of the U.S. and global economies, emphasizing unsustainable debt levels and the potential for hyperinflationary depression. Zang speaks with Kitco News on the sidelines of the Vancouver Resource Investment Conference (VRIC). Key points: -The current system is nearing collapse due to excessive debt and the manipulation of financial markets -Zang advocates for the acquisition of physical gold and silver as a hedge against economic instability, warns against reliance on fiat currencies -Coming crisis will exceed that of 2008 Zang also stresses the importance of community and self-sufficiency in navigating future economic hardship, while expressing concern over the looming implementation of Central Bank Digital Currencies (CBDCs). Special thanks to our sponsor Snowline Gold Corp for making this coverage possible. Visit https://snowlinegold.com/ today. 00:00 Introduction and Welcome 00:59 Credit Card Crisis and Economic Health 02:00 Life Cycles of Currencies and Debt 04:09 Banking System and Systemic Issues 07:10 Hyperinflation and Economic Predictions 20:35 Strategies for Inflation and Wealth Preservation 27:12 Conclusion and Final Thoughts #EconomicCollapse #Hyperinflation #GlobalDebtCrisis #GoldInvesting #SilverInvesting #FinancialCrisis2025 #CBDCs #PreciousMetals #WealthPreservation #SystemicRisk __________________________________________________________________ Like, share, and subscribe to Kitco News—and turn on alerts to stay current with expert interviews, market insights, and breaking news coverage. FOLLOW US: X: https://x.com/kitconewsnow Instagram: https://www.instagram.com/kitconews Facebook: https://www.facebook.com/KitcoNews LinkedIn: https://www.linkedin.com/company/kitconews Visit: https://Kitco.com/ for live gold, silver, and crypto prices, the latest mining news, and macroeconomic insights. Live gold price and chart: https://www.kitco.com/charts/gold Live silver price and chart: https://www.kitco.com/charts/silver 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: https://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, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.