VanEck CEO Says Next US Financial Crisis Will Start in Washington

what happened

VanEck Chief Executive Jan van Eck told Anthony Pompliano in an interview that the next US financial crisis will begin in Washington rather than in the banking system, driven by government debt. He said no one would be able to bail the country out. The remarks were reported by Stocktwits.

To guard against government spending, he recommends holding real assets in a portfolio, above all gold and Bitcoin. Van Eck also said Washington will likely try to inflate its way out of its debt, and he argued that artificial intelligence will not push prices lower.

He also advised investors not to pick individual tokens themselves. In his view, most advisers struggle to compare options such as Avalanche and Ethereum, so an index or an actively managed fund makes more sense.

why it matters

This is the view of a senior figure at a large asset manager, not a government decision or new data. The theme matters for markets because investors often weigh US debt risks against the role of gold and Bitcoin as protective assets. The article does not assess prices or make forecasts.

market impact

Gold and Bitcoin: calls to hold real assets may support interest in defensive instruments.

tags

instruments