Then after 20 years working in economics having a PhD, you finally learn the austrian theory of economic cycles and see how many mistakes this video has, even if the conclusions are usually correct.
I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix-- Go to school, get a job, and then slave your whole life. Many miss out on life-changing information that could have great effect on their finances. Sometimes Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin ,While also continuously learning from mistakes and improving
Many overlook that banks are return-driven businesses. I don't trust keeping a large sum in a bank. Instead, I invest with guidance, enjoy the benefits, and save for retirement.
After the '08 financial crisis, I've learned not to trust corporations. Since 2020, I've been investing with a financial advisor and have had no major losses, so I'm not going back to relying solely on banks.
@@williamDonaldson432 Market behaviour can be complex and unpredictable. Mind if I ask you to recommend this particular coach to whom you have used their services?
The decision on when to pick an Adviser is a very personal one. I take guidance from Rebecca Lynne Buie to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
@@DESTRAKON lol you think they actually want kids to learn about actual actual real life?😂😂😂 Nah bro just give em the text book on Pythagoras theorum or sumn. FINANCIAL INTELLIGENCE WHO!?🤷🏼🤷🏻♂️🤷🏼♀️
@@timeless_heritage jokes aside, there's teachers that are fed up with it and doing something about it themselves, I had 2 teachers in highschool like that which I thought was pretty dope
@@DESTRAKON That is heartwarming progress. I respect those two teachers! Unfortunately though, any systemic problem, like financial non-literacy, stems from the top down. What I mean by that is, they're gain is the general masses loss, and they need that to maintain power. Educational systems designed for creating indebted and reliant workers, instead of self reliant (practitioners, specialists, proffesionals, and most effectively, business owners and investors) is something deliberately designed to remain the same way, in one way or another, by those at the top in power. Positive change is possible, I live for it, and like your example, from the grassroots level, has already started forming. But there are a lot of people stuck in the matrix, many if which who like to talk, but aren't willing to take the action necessary to unplug.
It doesn't have ads because its misinformation. The 1% wants you to believe this crap. They dont need shitty ads to pay them for spreading these propaganda videos. They're billionaires.
The Architect FX not really, it’s also showing that extensive borrowing can financially crush you. I don’t see how it’s presenting borrowing is the solution to all of your problems.
Yeah, generally it's a good measure of someones grasp of an idea. For most people if they can explain something quite well, in a manner most people will easily understand, then they probably have an excellent grasp of said thing (or are very good story tellers). If someone can't explain something to you very well (unless it's say, quantum physics level abstract) then they either don't really know what they are talking about or have a communication issue. Concerning this video, at first I thought: 'Oh no... he's going to grossly oversimplify and miss stuff'. By the end of it I was thinking: "I hope I can explain economic ideas half this well one day...".
Just remember that the federal reserve wants you to think it's important. Remember that it was originally not allowed to exist because the founding fathers of America did not want central banks
@@JanjayTrollface I think this is a good rule of thumb for people learning a new topic (how well you can explain it = how well you understand it) but applies less well to experts who may understand something very deeply but be terrible at explaining it to a layman because they assume background knowledge or a level of fluency with the relevant concepts that the listener might not have. Professors often say that the most difficult thing for them to teach is their own research
@@jamescresswell6013 Yeah, that's what I sorta meant by 'quantum physics level abstract'. Unless they have the time to start from the beginning and explain a plethora of terms and the ideas or theory behind each, then it can be like speaking another language with some topics.
I’ve been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.
Invest in S&P 500 ETF, for as long as possible. Do it as often as you can. Try not to withdraw this money and let compounding do its work. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $235k to $690k despite inflation.
i'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
"Laurelyn Gross Pohlmeier," a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.
@@mellenndomanais you guys realize that beautiful deleveraging is a beautiful lie. This guy is wrong about it working. It did not really work in the 1990, the 2000 .com crash, the 2008 crash, and it will not work now in 2020. The Central banks around the world have no real control of interest rates....
Agreed, but while this video gave some valuable insights, it's wrong to imply that there is such a thing as a beautiful deleveraging. Millions of people suffer when they take on debt. I've had a habit of only spending half of what I make, and investing the rest. I'm getting through this financial crisis just fine as a result. Other people aren't. Central banks exploit the weakness of undisciplined people. Their desire for immediate gratification. Everything you buy with borrowed money costs more because of the interest payments, so your hard work ends up buying less over the long run as a result. A lot of your hard work ends up benefiting the lenders, not you. Taxes would be far less if governments operated the same way I do, only spending half of what they make until there is enough saved to easily get through the times like this. Lower taxes would result in everyone having more money to spend. The only time money should be borrowed is when someone has a sure-fire business plan. An idea for an enterprise that is sure to make a sustainable profit. Consumers should NEVER borrow. People should just live with their parents until they save up enough to buy a car, and then a home with cash. If you live a life of austerity early in life, you end up FAR WEALTHIER in life. That's true for individuals AND governments. The central banks are siphoning wealth from people on a MASSIVE scale. Dalio should be telling people to DETHRONE this system, but he won't because he profits from it. Watch this video for better insight. >>> ua-cam.com/video/iFDe5kUUyT0/v-deo.html&feature=emb_title
Less than 5 minues into this and I already feel so much more educated and I have finished a whole page of notes. Oddly enough this is actually fun. Why isn't school like this??
It's very interesting, the thought process of others. When I was younger I thought education was a waste and I didn't need it but going through experiences and realizing education is better than being dead in the street & broke, I slowly started realizing that indeed every topic of knowledge there is to know is important to our driving force. Point is everything is fun if you look at it and focus on the bigger picture that it's feeding into.
This channel is really trying to teach our mind to see value that cannot be altered by anything, even the wisest economists. It's all mental conditioning once you start to see the physical objects as interfaces for the real value stored in your crystal brain.
The financial markets are full of opportunities, but I’ve learned a lot over the past few years. The key is knowing where to focus and also having a good mentor. like mrs ann fiocca and robert to lead us down the right part.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
Moral of the story 2.0: People who borrow a lot and spends without Investing, are not financially mature, they're like babies... meaning they need to grow up an stop asking mammy & daddy (aka the Bank) for lines of credit & credit card increase to buy a new car instead of INVESTING that F$$%# money for profit. that's why they put the baby crying 8:24 in the video!
@@DHanzzP If an investment has a reasonable chance of generating a return on investment, it is not an expenditure as you are net gaining. An investment that will not generate a return is sunk capital.
@@EcclesiastesLiker-py5ts The act of spending funds is called--expenditure. Doesn't matter if it's funds expended on table dances at the strip club or swiss gold bullion. And no, it has nothing to do with ROI. And no, your description of sunk capital wrong too. Do you know what a dictionary is and how to used it?
You're paying for your internet connection right? You paid for the device you're consuming it on. You're paying for the electricity powering the device. Nothing's free man.
@@neonada.official the content is free. If you try to get this information from a class in college, you have to pay for expensive tuition. Plus you still need to for your books and pencils.
La naturaleza de los ciclos va más allá de las variaciones sazonales, y lo que está en juego aquí es la visión yanqui, fundamentalmente distorsionada de cómo funciona el crecimiento, el pico y la muerte de un sistema en el planeta en el que vivimos. La visión yanqui de los sistemas económicos y sociales que crecen y sólo se detienen con una acción "catastrófica" es el error fundamental que cometen. Así, desde el punto de vista yanqui, las civilizaciones caen a causa de un desastre que las afectó, como un tsunami, una erupción volcánica, una invasión bárbara, un terremoto o incluso por variación climática. Creen ellos en un funcionamiento ad perpetum expansivo y constante de cualquier sistema, y que solo una catástrofe o agotamiento de recursos puede interrumpirlo. Nada podría estar más equivocado. En oposición a esta visión catastrófica, está el enfoque del agotamiento de las interacciones que produce cualquier sistema, que, "naturalmente", se agotan en medio de sus procesos naturales de crecimiento, auge y muerte como lo es para el ser humano. Los sistemas socioeconómicos, civilizadores o incluso geológicos no se acaban por falta de recursos sino por el agotamiento de sus procesos de crecimiento y muerte. Esto significa que cuanto más rápido crecen, más rápido se agotan a pesar de la abundancia de recursos. Esto es exactamente lo opuesto a la visión yanqui que considera virtuoso el rápido crecimiento. De esta manera, desde el final de la Guerra Civil estadounidense, pasando por la primera y la segunda guerra mundial, luego con el aumento de los precios del petróleo, y más aún, el crecimiento absurdamente exagerado de la China comunista; el sistema económico propuesto por los yanquis llegó a ser visto como virtuoso y de inmensos méritos, ocultando, sin embargo, una naturaleza fundamentalmente viciada y fallida que nos condujo a esta actual crisis de agotamiento de los procesos económicos. Nada puede crecer indefinidamente o ser detenido solo por una “catástrofe”, sino por el crecimiento, que, yendo más allá de la cuenta, acelera su fin no por el colapso sino por el agotamiento natural. Como un deportista que muere de "muerte súbita". Lo que los Yankees ven como virtuoso está fundamentalmente sesgado, y producen una escalada de apuestas increíblemente altas hasta llegar a esos alucinantes cuatro quatrilliones de dólares en los mercados de valores y derivados de Wall Street. Aquí se puede apreciar claramente que estos valores no pueden representar acumulación de riqueza, sino más bien un signo preocupante de agotamiento de los procesos económicos que la derivaron. Además de eso, un inmenso proceso de industrialización forzada de la China comunista que agota todos los recursos industriales del planeta que empobrece a todos menos a la China comunista. En 2008, la escalada de los precios del petróleo alcanzó unos formidables 138 dólares desde los 5 dólares el barril en 1971. Recordando que los dinosaurios no se extinguieron por ninguna colisión meteórica sino por agotamiento natural. Por lo tanto, Estados Unidos corre un grave riesgo de ver agotados sus procesos económicos mucho antes de tener que utilizar sus arsenales militares o ver agotados sus recursos naturales u observar cualquier cambio climático. Los procesos antrópicos de intercambio de energías termodinámicas en esta etapa de la evolución de la Tierra, no han permitido hace mucho tiempo cambios bruscos en nada, sino un lento agotamiento de los procesos de crecimiento, pico y muerte de cualquier sistema.
I've a degree in economics from UC, and still have the books from school on my shelf. I thought I would add my two cents. This is so well done, it's stunning. It's a terrific introduction to the basic concepts of the market economy and presented in a very digestible, easy to listen-to form. Because it's easy to listen to and understand, the material is assimilated by the brain very well. So, even though there is no higher level math here, it's enough to get someone started in the field-- and a higher level course is useless if the viewer cannot understand the material, no matter how high quality the material may be. This video does so much with so little time. At least, it casts light on something that many would find hopelessly obscure. Mr. Dalio hit this one out of the park.
@@jorgepalacio2388 most developed countries are At or Near 0% int. rates... so yep! Tail end of the long term debt cycle- heading for a global Deleverage - depression
@@estebanperalta8880 depends what country you're referring too. Some countries continued to grow/accumulate even more debt during 2007/8 I'm from Australia; it's definitely coming here hard. Other countries that will get hit this time around include- Canada, Sweden, New Zealand, South Korea, Belgium, and Maybe- China (this one is a tricky one- they might be able to push it's date back)
@@unprotectedhex1716 makes no diffence which country. The last growth phase since 2008 was about 2% average except china but those figures cant be trusted. Usually after a recession the growth is 7-8%. for the last 10 years it equates to 3 years of a normal upturn.Yet house prices and stock market doubled. So why did we get stock market and housing bubble without growth? Lowest interest rates in history, making cheap money for real estate loans and company stock buy backs. So corporations got more debt but no real productivity growth just less creditors in the form of stocks but move this liability to the lenders. The fiat currency is created by central banks from nothing and then charge the government interest on it. Central banks are privately owned yet control the currency for countries???? very smart oligarchs
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world.
Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
Literally amazed at myself that I was able to understand such complex topics so easily. Released in 2013 but watched in 2021. I wish we have more teachers like him in the education system.
@henwoda some exaggeration was implied, of course, in my comment. I was just complementing the simple yet effective way of the explanation in the video.
At 42, I've come to realize that money is a tool. I’ve worked so hard over the years to realize that if you don’t make money work for you, you can’t experience true freedom. I’m glad I found that out although it was later in life, but that marked the turning point in my finances.
Herman Jonas is the brain behind my success. I've gotten into a plethora of assets with $43k spread across stocks (options and futures) for the short term and Roth IRA, index funds, and ETFs, for the long term. Now I sit back, and just reinvest at intervals while I handle my other businesses.
I appreciate the feedback. I reached out to him via the mail you provided and we talked at length. I found him to be verified. I’m glad that I signed up and I've begun my journey with him. Thanks again.
Working with a fiduciary like Sir Herman has given me peace of mind in my stock investments. He prioritizes my financial interests and has guided me toward stocks with strong fundamentals, resulting in consistent growth over the past 8 months working with him.
自分用 1:17 Transactions 3:27 Credit 6:19 Cycles 11:58 Short Term Debt Cycle 14:35 Long Term Debt Cycle 16:51 Deleveraging 21:03 Depression 26:18 A Beautiful Deleveraging 29:37 In Closing
Expert Anastasia is my broker and she has been my saviour so far, she made me profits of over $15,000 every week with just little of $3,000 I normally invest
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .
If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 60% early this year. It is, in my opinion, the best way to get started in the industry right now.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Rachel Sarah Parrish is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
Tired of the "recession is coming!" threat. Recessive periods come along with equivalent market opportunities if you are well informed and equipped, I've seen folks amass wealth in the midst of economic turmoil and even pull it off easily in favorable conditions. Invariably, the collapse is getting somebody somewhere rich
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
Risk mitigation is indeed something to consider well before setting out on inveestments. Most often than not, CFAs take care of this perfectly. People downplay the role of CFAs until being burnt by their own instincts. I was in a similar situation a few years ago; Took my chances but stocks went crashing. Realizing I wasn't good at timing the market, I started working with an Adviser, which helped me build a $1.6m portfolio.
It's really wonderful to come across people who freely share valuable information online. You never know what kind of knowledge you might stumble upon that could have a lasting impact on your life.
Don't procrastinate when it comes to saving and investing. Don't wait for the perfect timing; start now because the current moment is the best time to invest.
Cryptocurrency trading appears to be quite lucrative. Despite the constantly changing nature of Bitcoin, it's evident that the cryptocurrency community is here to stay. John Joseph, you're doing an excellent job.
wow so you also have business relations with Mr. John? Honestly, this guy is impressive. It's unfortunate that you only found out about it through the comments. He is the one who guides and inspires me.
America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..
Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. this year will be a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned 180k savings to turn to dust
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
This reference seems valid.. Just looked up her full name on my browser and found her site without sweat, over 15 years of experience is certainly striking! very much appreciate it
I think the retirement crisis will get even worse. A lot of people can’t save because of low paying jobs, inflation, and insane rental rates. And now that home ownership is out of reach for middle class Americans, they won’t have a house to retire with either.
The high prices have affected my retirement plan to retire at 62, work part-time, and build my savings. The stock market's volatility, combined with a reduced income, makes me anxious about having enough for retirement.
If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 65% since January. It is, in my opinion, the best way to get started in the industry right now.
Finding financial advisors like Rebecca Nassar Dunne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
This video should be shown in schools before they start to teach the textbook economics !! Most people don't know how the economy actually works, I was one of them before watching this video,but slowly my understanding of economics is increasing !!! Thanks RAY DALIO !!! 💐💐💐👍👍👌👌
Thats because the US government passed a law back long ago that the economy MUST NOT be taught in common grammar schools this is so people borrow too much and dont understand how to make money ...keep the poor poor as they say
Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.
Let's face it... buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k i want to transfer into an s&s isa but its hard to bite the bullet and do it.
Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
I agree with you totally , Yes they can be positively impactful to an individual's portfolio. I started with a trust Financial Adviser named "Helene Claire Johnson". She is verifiable and her work ethic complies with the US Investment Act of 1940. Her approach is transparent, allowing full ownership and control of my portfolio with very reasonable fees relative to my portfolio earnings.
@@alexyoung3126 learn about what Bitcoin is, what problem it solves & how it will change the world. Then use some of your money and buy some bitcoin. Don't sell them for 10 to 20 years (or longer). And think about the random guy on YT who told you to do this when you think back and wonder how you became so wealthy ;)
It’s amazing really. We have a financial crisis, caused by greedy, reckless financial institutions. Congress passes legislation requiring those institutions to be less greedy and reckless. The institutions then lobby to have those restrictions removed, usually in the name of “remaining competitive”. This leads to another financial crisis. It’s completely predictable, and we have been doing this dance since the Great Depression almost 100 years ago.
Agree; the rules should be applicable to all banks - big or small. First; very few meaningful laws are passed and then this cycle of doing-undoing seems to support deregulation risking the economy and the faith in banks.
I believe using an investing advisor isn’t a terrific idea. In the midst of the 2008 financial crisis, I was literally experiencing horrible dreams before I spoke with an advisor. In conclusion, I was able to increase my initial investment from $320k to almost $2.5 million in 2011 with the aid of my advisor, and I later bought my first investment property.
Carol Vivian Constable is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I am 14 years old, English is not my first language, I am learning business in the IB curriculum. It took me 3 watches to understand the video but I'm thankful it's all starting to make sense now. Thanks to the animator and Ray Dalio for explaining complex concepts for us!
It's truly beautiful that you as a 14 year old non-native speaker can access such quality educational material. Really shows how far the world has come :) By the way, do not at all worry if this took you a few tries to understand. The vast majority of grown adults I've met do not understand how the economy works to this degree. So you are well ahead of the curve :)
Amazing that your 14 watching this. Keep it up and learn as much as possible now so later you can begin your investments RESPONSIBLY and hopefully be very successful!!!
2-3 years of a depression coming. If you got out of the stock market at the right time, congrats. I lost about 7%, but if I kept it in I would have lost about 40% and it would take 5-10 years to return to baseline. That 5-10 years can be bought at the lower point in recovery and make more money in the long haul.
Why do still most of you swallow that economies breathe of their own!? This BS you are served is BS! The simple solution to this raping of humanity is to get rid of the FILTHY CRIMINAL JOO PRIVATE BANKS(Federal Reserve Bank) and instate legit PUBLIC BANKS!!! In the U.S only North Dakota has a legit PUBLIC BANK - only state which can claim the great ( ORCHESTRATED) 1929 depression, they never felt! See their charter on their web site.
Once is enough. Watch other videos that are more technical on the same topic to get deeper understanding of Credit - Debt and Central banks - Commercial banks. :)
10:02 - "Rembemer, in the economy without credit, the only way to increase your spending is to produce more." - Seems fair enough to me, there is no such thing as free lunch, you want something, go and produce it. Money should be backed by real productivity, earned by real productivity - this is good money. When the money is created out of thin air, the creator of money is cheating everyone's productivity by inflation. Do not get me wrong, it is okay for credit to exist, to borrow money. But money should be lent by someone who earned it by being productive, not by creating it out of thin air. So in the end lender is shifting his purchasing power (or his result of being productive) onto the borrower, but in the entire economy the purchasing power stays the same, because no money was created and the credit was created out of existing money, not from money created out of thin air. This is what you need remember: good money = earned by productivity or borrowing it from someone who earned it by being productive; bad money = created out of thin air not backed by real productivity and putting a burden of inflation on everybody (without their consent) who is already productive; good debt = backed by good money; bad debt = backed by bad money; So in the end, in this fraudulent system of privately owned bank called with public name of Federal Reserve Banking creating money out of thin air, it is not about being productive, it is about knowing, which assets will be inflated (increasing in price) after their money creation process. Yeah, and we are here not even talking about fractional reserve banking by commercial banks, which is creating even more money out of thin air. That is why you have always this unnecessary cycles of recessions - bad money. This is what Ray Dalio forgot to tell you all. You are welcome.
Successful people don't become that way overnight. What most people see at a glance- wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..
Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
When it comes to investment, diversification is key. That is why I have my interests set on key sectors based on performance and projected growth. They range from the EV sector, renewable energy, Tech and Health (AMD) alongside coins, and gold. I'm also working on an investment plan that includes AI looking into Nvidia, MSFT, Alphabet stocks among others with my Fin. Advisor, . It's been a year and half of steady growth.
I'm sitting on some significant money ready to toss it into VOO, but I'm kinda hoping that price drops a bit. I know we only want to see the stock rise, but being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Finding financial advisors like “Stacy Lynn Staples who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thanks for the info. I searched for her full name and found her website right away. I reviewed her credentials and did my research before reaching out to her.
Except its total BS. Central banks pump and dump the credit system to crash markets and stealwealth. Hedge funds are part of that fraud. Try Dr Ricarcard Werner for how it really works.
Abhishek Ranjan. This video is also largely deception and propaganda, but we are so propagandized our entire existence, it is very hard for almost all to figure out what is the truth. Call me at 248-214-8505 to get more references to learn from, and more insight. There is relative remedy to all this nonsense.
This is a MASTERPIECE of informative training, in a simplified and digestible narrative. The explanation was clear and WELL PACED, the narrator was easy to listen to, the animations were spot on and helped with understanding. This should be in every Economics and business class EVER.
if it is masterpiece, try to earn money by it - suddently you see, bought tv is good investment - it makes you go further, in your job/activity/salary ambitions - and author is just BIG PIECE of BULL... take my advice for free - you not need spend 31 min for it )))
Except he left out one very important piece, Interest. Interest makes this system mathematically unsustainable. It will collapse, at then end everything will be owned by one person/entity....the bank
@Glid Except that, unfortunately, 'wealth' is increasingly connoted by financial instruments and assets with no necessary, direct connection to the actually productive apparatus of the economy (the "real economy") which is invariably being rendered _economically irrelevant_ by technological advancement to the effect that the economy is becoming more and more dependent on the turnover of technically useless and objectively unnecessary "services" and the repackaging and reselling of liabilities which accounts for an ever increasing share of the all-important GDP. This is not an accident; It is an immediately predictable consequence of the market system's defining logic and inherent incentive structure playing itself out in the context of modern technology. The banks are absolutely positioned to profit from people's economic misfortune, considering that they can just short on the whole economy anyway and then take people's property when everything tanks. This is a well known reality; don't deny it. Also, the financial industry practically owns the government which will just directly hand them the people's money if need be - of which we are witnessing yet another example as we speak. When you combine interest with the fractional reserve lending scam used to systematically fleece the population of their wealth 'business cycle' by 'business cycle' under the guise of "stabilizing the economy," it is without question an insidious force undermining the distributed accumulation of wealth promised by market idealism. Basically, the problem is that the money to pay the interest is *not created* along with the principal whenever the money supply is expanded through credit invented out of thin air. If you want a more thorough review of how this dynamic works, I suggest watching the first chapter of Peter Joseph's film Zeitgeist: Addendum. You can find it here: ua-cam.com/video/HbvCxMfcKv4/v-deo.html
Do you remember President Lincoln's non-interest bearing currency, the Greenbacks? He did not borrow money because the United States was a sovereign nation and had the right to create money. The Federal Reserve is privately owned by the banks. It has the right to charge us interest on money they created out of nothing. Recently, the US was paying out $12 billion a week in "interest" payments on money Bankers created out of nothing. If we had Greenbacks, there would be no national debt of $23,515,661,447,556.65 as of 3/19/2020. If we increased the money supply by $400 billion a year, under Lincoln's system we could spend that money into circulation without adding to debt burdens. If we had no interest to pay on the national debt, we would have $912 billion to spend. I have suggested in the past that we do a debt Cancellation as did the Kings of Babylon long before the Babylonian Captivity when the Bible Writers started calling it a Jubilee. Irresponsible people suggest funding a Jubilee through money printing or Helicopter Money which would wipe out everyone just to save the Money Addicts. Better idea is that we arrest the people who stole money from us by the tens of trillions and seize their assets to fund Debt Cancellation. This is what I wrote. Debt Cancellation Is The Best Way To Take Down Bilderberg vidrebel.wordpress.com/2015/04/07/debt-cancellation-is-the-best-way-to-take-down-bilderberg/
The US economy cannot survive without continuous credit and debt creation. The FED will print more money and the average American will go just that much further in debt. Meanwhile, foreigners lust for the greenback. Their economies are in worse condition than the US... if that's even possible. Someone is going to be left holding the bag...
They do say gold will crash in a liquidity crunch However, many of those holding precious metals are preparing for such an event. So they are unlikely to be forced sellers. The paper market would tank and hopefully collapse.
Seeking guidance from a consultant or investing coach is advisable if you're unfamiliar with market dynamics. Personally, consulting with an expert has been instrumental in navigating the market and achieving a portfolio growth of approximately 65% since January. While it may seem like a common suggestion, I firmly believe it's the most practical approach for entering the business successfully right now.
I work with Sonya Lee Mitchell as my fiduciary advisor. Simply look up the name. You would discover the information you needed to schedule an appointment.
@@crystalcassandra5597 I looked her up too and it seemed like she might be the worst advisor in the world who has to resort to youtube comment spam in order to try to drum up business. As an expert Fiduciary Advisor Advisor, I would advise anyone looking for an advisor to avoid Sharon Lee Peoples.
That's right. Everything isn't money it is "tradable bank liabilities" Financial system is a house of cards each card a promise to repay. Pull too many cards out and the thing collapses
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.
With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
Feel like economic theory is over your head? You won't after watching this. An amazing first lesson for anyone who is interested in learning about how the economy works. Thank you Ray Dalio, you have enlightened so many of us.
If you listen carefully it doesn't. Just explaining how it works right now. It mentions that without "debt money" we would have stable growth with rising productivity.
@@danpt2000 I don't think it assumes that debt is necessary; it only says that debt is a form of money and it could be used for good purposes, like increasing productivity.
Isn't it interesting how billionaires often brainwash people into believing that chasing money isn't the path to happiness? The truth is, while money itself might not bring happiness, it does provide security and freedom. These billionaires are securing wealth for future generations, and one thing they all have in common is that they're investors. It's crucial for people to take their financial literacy seriously and consider investing in the stock market. It really can work for you and help you build the financial future you deserve.
I would not be too excited about what you may have learned, the information that was left out is where the real knowledge to be gained is. Is it natural for a sovereign nation with a fiat, non-convertible, currency to have private institutions control 95% of money (credit) creation (out of thin air) and be the primary beneficiary from its seignorage? Is it natural to lend to people with a high debt burden on mass? Is it natural for risk managers to not mange risk? Was the 2008 housing crisis a natural part of the long term debt cycle? Was it natural to have the credit rating agencies lie about the mortgage backed securities they were rating? Is it natural for the banks to bet BIG against the very securities they are selling? Is it natural for credit default swaps to be leveraged beyond any reasonable level that could possibly be recovered? Is it natural to repeat the same mistakes over and over again? Is it natural to save failing businesses and not change a thing after they almost bring down the house? Is it natural for the central bank to always be behind what is going on in the real economy and not ahead of it? Is it natural for a private institution to act in the publics best interest when their sole fiduciary duty is to their shareholders (all while being permitted to hold a fundamental public privilege)? Is it natural for banks to focus 80% on their resources on unproductive transactional activities even when we know real value of credit is when it is put to work for productive means (which does not produce cycles)? Is it natural for the smartest financial minds in the world also be the most ignorant in areas of their expertise... at the same time?
curly10808. This video is also largely deception and propaganda, but we are so propagandized our entire existence, it is very hard for almost all to figure out what is the truth. Call me at 248-214-8505 to get more references to learn from, and more insight. There is relative remedy to all this nonsense.
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Jim was brilliant with wonderful earthy insights into almost everything in life ,,one of tony robbins original mentors ......so who your around is who you become ,,,etc etc
@@terryseiber970 you wouldn't understand this video if English wasn't emphasized on and guess what you'd be left out on this knowledge .Never undermine the power of language
@@exampaperplanes ok, so tell me.... How many people have asked you in your normal every day life, where is the noun, verb, pronoun, adjective or prepositional phrase at in a sentence? Many people have asked me how to spell a word or just stand around with a stupid look on their face when posed with a simple math question if no calculator is present. Spelling, math and reading very important. I learned to speak three languages in my life, while not having a damn clue where nouns, adjectives and such are in a sentence. Writing is learned in my opinion, from being able to READ. Your reply to my previous message is proof that I have mastered the art of writing, simply because you understood what I said. Language is simply communicating. Spelling on the other hand is imperative, if one cannot spell at least somewhat correctly then nobody on the planet will know what the hell you just wrote. Unless you want to be an English teacher or maybe an author sentence structure is just a waste of time, hell even if you are an author, someone else is going to edit your book eh? Many books I've read that have gone through this publishing process still have spelling mistakes and that always makes me smile. You remind me of my 12th grade English teacher. She would always get on me when I said "ain't", ain't isn't a word she said, of course it is I replied, if I say it and you in turn understand what I said, it absolutely is a word. So in closing, English was invented by people that thought they were more sophisticated and intelligent than those more "simple" folk around them. A self imposed feel good to say.... I'm better than you scenario. I SAY BULLSHIT TO THIS HORSE SHIT.
I'm quite sure economics is required at pretty much every public school in the US. The problem is not what is required, but rather that you can skate by without paying attention and cramming for tests; immediately dumping the information from your brain the moment the test is over I know plenty of people who didn't even do that, they simply were allowed to graduate because of the "no child left behind" bullshit.
I'm so happy that 2 years ago, when I got a great bump in pay, decided to reduce debt, instead of buy. Now unemployed, it served me well to eliminate some monthly debts
I have a bachelors and an MBA with concentrations (majors) in Finance, and work in the industry. I have been returning to this since about when it was released 10 years ago. It is a fantastic overview about how the economy works and provides a great structure to think about where we are at in the cycle at any given point. I have one young son and another on the way. As they age, I will share this with them repeatedly because I think understanding what Mr. Dalio is saying here is incredibly important for anyone who participates in debt or equity capital markets. This should be mandatory curriculum for high school students, at the least.
***** You may be very well correct about deflation, as I am very new to learning about economics, but in concern to public education, it is very terrible, I have learned more in 1 year of youtube and shows and even games (yah I know), than the public school education system. A system which only benefits certain types of learners and varies teacher to teacher. The alternative is expensive private schools or expensive colleges (when older), which are not an option because without education on things like economics you are prone to not make much money, unless your education is paid for which is possible but not in most situations. It's almost a trap that keeps those who were born without less money in a situation that prevents them from learning how to make more. But, it is possible to get out of this by pursuing education through other means such as youtube, or books if you learn well that way.
Highschool in the netherlands sucks too. The productivity of the lessons are way to low. I see in my environment many people wanting to learn much, but the schoolhours stops you from learning. People are made be curious and wanting to learn. So let them make only the central exams which gives you a diploma of a equal level, and give them more freetime. More freetime = more knowledge.
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again
She really seem to know her stuff. I found her online-page, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her.
What I found incredible about this video was: 1. It summarized complex economic principles so effortlessly 2. There is a key take away section at the end, that's incredibly amazing. If you have the attention span of 30 min and watch this video till the end, I bet your 30 mins will be worth it for life.
I'm studying economics at GCSEs and despite already studying a fair proportion of what was covered I found this incredibly useful and informative through its simplistic yet driving narrative would thoroughly recommend
yeah, exactly - thats what I thought. Even though, everything he is saying is basically the simpliest truth for me as a Senior economics student, the way he puts it opens your eyes a lot. Would love to see more videos like this one.
RDLC The problem South Africa has is that the government sold bonds to raise money to do spending for development but then they funnelled all the money into corrupt businesses and people's pockets so the normal people suffered and have to pay off all this debt.
Too fast, so the project lagged, then need more financing with a probability of higher interest or the project eventually stop then fail to boost productivity as a whole.
Interesting how you say you knew most of this. Most economics courses would not just talk about the role of credit in the business cycle as Dalio does here. Conventionally, there are many other forces that can contribute to business cycles -- not just credit.
+Millennial Thoughts Being smart is not the problem... sometimes it's just necessary to see a bigger picture and this is something experts tend to have a problem with. For instance, in all this description of our economy and how it works and how it should work, there is the assumption that the productivity is growing. While this is something certainly desirable, it's also something completely impossible in a limited system as is our planet.
+Millennial Thoughts The only problem here is every piece of currency that has been created has been borrow so all the currency in our global economy is debt.
It's too late. Nice thought. Too late. See, "Stump v Sparkman". That was the beginning of the equity theft of, Americans post bring taken off the gold standard. They used human mutilation as the high bar so you got the message, "We will rob you free from any liability". Who is "we"? The, U S. Lawyer cartel.
Curious about top investors' millionaire-making strategies, I'm eager to grow my $295,000 nest egg. Investing in stocks could provide attractive returns through capital appreciation and dividend yields. But timing is crucial - should I invest now or wait for improved market conditions?
You're correct. I think the smartest way to go is to spread out your investments. By putting your money into different asset classes like bonds, real estate, and stocks from other countries, you can lower the risk if one part of the market goes bad.
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
'Laurelyn Gross Pohlmeier' a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
It's a blessing to have the founder of the world's largest hedge fund dedicate so much of his time trying to educate and help people. Ray Dalio has been, and will always be a model and a source of inspiration for me throughout my life.
No. This video is very bad because it doesn't include the most crucial part - that is printing money for governemnt's spending. It shows that central bank prints money for people and businesses that in the end create value. But governemnt doesn't create value - it only spends. Money printed for government = theft of everyone's money. Simple example: Imagine there are no taxes at all. Goverment doesn't get money to spend. What they do? They print money (through central bank). What happens? They have money to spend -> Your money is less valuable and they caused inflation. This video doesn't explain this CRUCIAL part of "economy" (economy of theft) and how it influences everyone's life. I call manipulation. It shows only ONE variable in the sea of much more important ones.
20 years ago, when ordinary TV was still a thing, a teacher told us in class: "TV makes smart people smarter and dumb people dumber". Nowadays this applies to UA-cam.
Hamar Thomas you’re dealing with fiat money though, so Austrian Economics is useless. Keynesian provides faster growth, efficient supply of credit and rising incomes in less than a generation when done right.
Andrew Thorpe Your statement makes no sense, austrian economics is not an option that you can choose between the two. There’s economy, there is human action, and there’s a way to analyze it, and it turns out that the correct way is the austrian’s way. There is no Keynesianism “done right”, it is always going to result in crisis, differing only in time depending on width of each region’s economies. Other than that, it is wrong from the ethics involved, so utilitarianism shouldn’t even be taken in account anyway.
@@hamarthomas48 What do you see as incorrect in the video? Not an expert in Austrian school but the idea of a central bank playing this kind of role as dangerous and counterproductive is shared.
Because of the US economy's importance to the global economy, its instability has far-reaching implications. In such circumstances, safe-haven assets such as those with high FA and cryptocurrencies provide security. Investors must prioritize asset protection, diversification, and balanced portfolios in order to weather market volatility.
During a recession, investors must understand where and how to distribute capital in order to hedge against downturns while being profitable. If you are unable to navigate the market, speak with an expert advisor.
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
'Laurelyn Gross Pohlmeier' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Please don't. This is a bored rich guy's pet project. He's not an economist, a professor, or in any way qualified to teach economics. Don't let pretty graphics seduce you, this is not how the economy works.
shiny x You're right. He's only the head of the biggest and most successful hedge fund in the world, I'm almost certain he has a valid point when it comes to how the economy works.
Video Summary: Part 1 Economy works in a simple mechanical way. It is made of simple parts and simple transactions that are repeated over and over. Transactions are created by human nature. These transactions create three main forces that drive the economy. 1. Productivity growth 2. Short term debt cycle 3. Long term debt cycle. Let us start with simplest part of economy. Transaction. Economy is sum of transactions that make it up. Every time you buy something you create a transaction. Each transaction consists of buyer exchanging money or credit with a seller for goods, services or financial assets. Credit spends just like money. Total spending = Credit+ Money. Total spending is what drives the economy. If you drive amount spent/quantity sold you get the price. This equation is called transaction. If you understand a transaction you understand the economy. Market consists of all buyers and sellers making transactions for the same thing. Eg Wheat/corn/stock market. An economy consists of all transactions in all the markets. If you add total spending and total quantity sold of all all market you call it economy. People, businesses banks and governments all engage in transactions: exchanging money nd credits for goods service and financial assets. Biggest buyer and seller is Government. It consists of two parts : 1. A central govt that collects taxes and spends money 2. A central bank which is different from other buyers and sellers, because it controls amount of money and credit in economy. It does by influencing interest rates and printing new money. Central bank is important player in flow of CREDIT. CREDIT is most important part and least understood part for economy. It most important because it is biggest and most volatile part. just like buyers and sellers go to market go to market to make transactions. So do lenders and borrowers. Lenders lend money to make more money. Borrowers usually borrow to buy something they cannot afford (House or car) or to invest (start a business). CREDIT can help both lenders and borrowers get what they want. Borrowers promise to repay amount they borrowed (Principle) plus additional amount called interest. When interest rates are low, borrowing is more as borrowing is cheaper (and vice versa). When borrowers promise to repay and lenders believe them, CREDIT is created. So credit is created out of thin air. As soon as credit is created it IMMEDIATELY turns into debt. Debt is an asset to a lender and liability is to the borrower. In the future when borrower repays the loan plus interest, the asset and liability disappear and transaction is settled. When borrower borrows they can increase their spending. Spending drives the economy. One persons spending is another persons income. Every dollar you spend, someone else earns more. When someone's income rises it makes lender more willing to lend them money, because now he is more worthy of credit. Credit worthy borrowers have 2 qualities. 1. Ability to repay: Because having a lot of income. 2. Having a lot of collaterals: In event he cannot repay, he has valuable assets that can be sold. Increased income allows increased borrowing and increased spending. More you borrow, more you spend, more the transactions in the market the bigger the economy. This self reinforcing patterns leads to economic growth and is why we have CYCLES. In a transaction you have to give something to get something. How much you get depends on how much you produce. Over time we learn, and that accumulated knowledge raises our living standards called productivity growth. Those who are inventive and hard working raise productivity and living standards faster than who are complacent and lazy. BUT productivity matters in LONG RUN and credit matters most in short run. This is because the productivity growth does not fluctuate much, so not a big driver of economic swings. Debt is: Allows us to consume more than we produce when we acquire it and forces us to consume less than we produce it when we have to pay it back. Debt swings occurs in two big cycles. Short term debt cycles: 5-8 years. Long term debt cycles: 75-100 years. While most people Feel the swings they don't SEE the cycles as they see them to up close and personal: Day by day, week by week (Miss the forest for the tree? Swings around the line are not due to how much innovation/hard work there is . It is primarily due to how much credit there is. In an economy credit with only way to increase spending is to increase income by being more productive (Do more work). That is increased productivity is the only way for growth. Since my spending is other persons income, economy grows only when all participants are more productive. But because we borrow we have cycles. This is due to human nature and way the credit works. In order to buy something you cannot afford, you need to spend more than you make. To do this you need to borrow from your future self. Any time you borrow you create a cycle. Credit sets into a motion a mechanical predictable series of events that will unfold in future. Money is what you settle transactions, eg Buy beer from a bartender with cash. If you buy the same beer using credit you have created an asset and a liability that is you created credit out of thin air. It is not until you pay the bartender later the asset liability disappear, debt goes away and transaction is settled. Problem is that what people called money is actually credit. Credit is US is 50 T USD. Money is ONLY 3 T dollars. Only way to spend more is produce more. In economy with credit you can increase spending by borrowing. More spending, income rises faster than productivity over short term but not over long run.
Central bank print fiat currency. The lender that's owe nobody. The borrower which is the government lend it to the bank . Well the central bank can delete the government debt and every person in debt. 😂😂😂 Coz central bank Doesn't owe anybody . They just print currency. My Logic.
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Knowledgeable Investors know where and how to put money in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage market conditions.
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Accurate asset allocation is crucial, I used hedging strategies to allocate part of my portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.
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@Glid According to what the video explains, in the long run, you're correct. But looking at the economy and its debt cycles show how people can spend more more money (on credit) than they actually have, which creates cycles. The long-term rate of growth in the economy does track with the long-term rate of productivity growth of its population (which is the citizens "creating stuff") But, the video explains more than this, it shows three facets of the economy: productivity growth, as well as the short-term debt cycle and the long-term debt cycle. These cycles show that when the rate of spending on credit (creating more credit from thin air) rises faster than incomes increase, the debt burden grows larger since people are over consuming and buying more than they can afford. When this credit bubble is too large, it pops. To decrease the debt burden, debts are restructured or forgiven and more money is printed which causes inflation. Credit is borrowing, and borrowing creates cycles. Because of these cycles, while long-term GDP growth does generally track with productivity growth, there are also cycles in the economy that show how spending on credit does "drive the economy".
@Glid The word demand is more appropriate here than spending. There must be demand for more commodities to be produced and that drives the economy. Makes sense now?
@Glid Without spending, you can't make the cycle continues. If people don't want to spend more, then the money is stuck on that part. No matter how much you produce, if people can't buy your products because they don't have money, then that product would basically be a loss to you. So, he's right that spending drives the economy, but we must not forget productivity is the real value creator at the same time.
I thought I knew Economics after finishing some undergrad level econ courses but then came across this masterpiece. His fundamentals about the economy and what key variables to focus are very important. Its probably the best intro to economics ever
The Bottom Line / The Summary 1. Don't have debt rise faster than income - your debt burdens will eventually crush you. 2. Don't have income rise faster than productivity - you will eventually become uncompetitive. 3. Do all that you can to raise productivity because that's what matters most.
MyLifeForAuir87 Improve your time management skills. You get 86,400 pieces of gold (aka seconds of time) distributed to you every day just like Oprah, Mark Zuckerberg and Kelly Ripa. Use them very wisely.
If every person participating in the economy could watch this and really understand their part in this complex machine, the world would be a beautiful place indeed!
honestly i wish that that policy makers had to have a strict education and are not allowed to let their own thoughts interfer with the policies these would make things less messy and more orderly
@@IndustrialParrot2816 undoubtly, I just mention I because some economists seems to forget the important roles government could have in the economy, not this liberal version talked in this video
It doesn’t matter. All it takes is for one bad apple aka a greedy person that’s sees an opportunity to make a quick buck doing shady unethical business to ruin the whole system. Bernie Madoff is a prime example.
@@sadsocks4036 The Great Depression was exacerbated by the Government and would have ended in less than 1-2 years if they hadn't "help". Like every government program, they wreaked havoc on the economy. This has been documented and confirmed by many Economists like Walter Williams and Thomas Sowell.
@@jm2574 Also how do government programs “wreak havoc” in economy.Capitalism cant function without the state,it isn’t a magical force of “free exchange”.It isn’t a coincidence that capitalism arose after the General Crisis(state centralization in late feudalism)and the birth of the Nation State(central government republics without nobility estates).For example in regions of low central authority like Somalia you have something more akin to feudalism with warlords running the show,or warlord era China as another example.Governments are a necessary component of capitalism,you can’t sell T Shirts if there is no law and order,you can’t have roads to ship your products if their isn’t governments financing them,you can’t trade so easily if there isn’t an educated population educated by public school which promotes a common language.You need a central currency to have a good stable market,etc.In the same way effective policies in terms of economy necessarily requiere good public policies,also the working population needs to have a say in the way things are run instead of letting corporations exploit them to hell.If someone tells you to depoliticize economics,be careful they have an agenda to remove you from actually having a say in the way the economy operates.Leaving you behind and letting those who made economic power stay in it and keep it.But if one actually looks at all the most successful capitalist economies all have had a strong public role in it.Today Norway ranks highest in HDI(that is standard of living).They have a fully state owned oil and natural gas sector,mostly state owned electric grid,strong central bank,promote cooperatives,have high public spending on education,welfare and other things.Japan from 1945-1980 had window guidance meaning the government pretty much planned the economy for private conglomerates and because of a strong union movement workers got good pensions and welfare and Japan was fastest growing economy from 1950-1970.Japan also pioneered its famous railways during 1950-1980 when they were nationalized.Talking about railways ,China also has 100% state owned railways as did Japan until 1980 and they have everyone beat in that game having more high speed rail than the rest of the world combined,40% of their GDP is from state sector way higher than US were that number is just 10%.State also owns all the land,all the oil,banks,etc.And window guidance is practiced as was done in Japan and well it’s the fastest growing economy in the last couple of decades.Yeah sorry,I much rather have that than Haiti were there is no state sector,no welfare programs,no taxes on wealthy and were my country has no tarrifs or anyway to protect itself from getting humped by foreign corporations. m.ua-cam.com/video/b_l3eLhYbVo/v-deo.html
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Evelyn Infurna Services has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
Im Davis - Personal Finance, Career, & Wealth Tips well the market did correct from the feb crash. do you guys think there’d be another discount coming our way ?
Transactions and spending id the key... that is why they pump up the virus situation to get the peoples fear and make the stay home.... method to reduce spending
People try to predict the economy not realizing it is not a capitalistic market, its a command economy, central planning! my concern is, instead of having much dollar in bank that could lose value to inflation, do I save in gold to reserve and grow wealth for now, or just hang on?
truth is that gold serves as an inflation hedge in the long run, but not profitable in the short run. only thing you can predict is a strong effort of wealth transfer from the people to the powerful. luckily some folks find solution in financial advisors
Sure, investing is plain-sailing with the aid of an invt-specialist, thus I've always delegated my excesses ever since the rona-outbreak in January 2020 using a shrewd advisor, and my investments have compounded by at least 300%, summing up $820k ROI as of today.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
This video is a true masterpiece, along with Mike Maloney's Hidden Secrets Of Money. I've tried sharing this with people who could really benefit from understanding, but none of them bothered to watch. In the end, I came to the conclusion that when a person is ready to learn they will search on their own. Even when people ask for advice they rarely follow it. Their journey usually begins alone after making the decision in that silence. My only concern is that as time goes by this information will become increasingly difficult to find.
@@colinbickford3470 lol he is a bum father, left me somewhere and is pretending he doesn’t know me.. now I got to make my own money to go slap him one day
This taught you exactly what can be taught in 30 min.. you haven’t had education of economics in high school, note that. You supposed to be a great taxpayer, not an asset holder and wealth maintainer.
Carlos Magno not necessarily, because spending credit on unproductive things (like the tv example) still puts more money into the pocket of the person selling it.
@dan Mac yes but that is from a seller standpoint. When you're selling a product, do you really care about how someone comes up with the money to pay for it? The seller is in the right, but the buyer has used his credit for the wrong purpose.
@@danmac9098 my father taught me a valuable lesson: never, EVER, get yourself a loan. He was a bus driver and never had used credit. When I got myself a mortgage, I was so distressed with being so incredibly indebted that I managed to pay it alone in 5 or 6 years, living WELL below my earnings.
@@Carlos-ux7gv man, you are so right. The only one thing that is not mentioned in this video, that social inequality makes a lot people outside the economy, so they have to go in debt to buy even simple (required) things. Employers are not interested to pay you at all. All problems can be easily solved with couple of steps (not all of them are simple), but the biggest problem that governors are not interested in people, they are just ordinary people who are interested in making money, but on a different level, basically out of the air.
If you can get more value from consumption than a loan + accumulated interest then by all means take that loan. Problem is that people tend to underestimate the second part
We desperately need more teachers like this in our education system."I must commend the outstanding graphics in this video! The visuals are incredibly well-crafted, adding a visually captivating dimension to the content. Great job!"
10:02 - "Rembemer, in the economy without credit, the only way to increase your spending is to produce more." - Seems fair enough to me, there is no such thing as free lunch, you want something, go and produce it. Money should be backed by real productivity, earned by real productivity - this is good money. When the money is created out of thin air, the creator of money is cheating everyone's productivity by inflation. Do not get me wrong, it is okay for credit to exist, to borrow money. But money should be lent by someone who earned it by being productive, not by creating it out of thin air. So in the end lender is shifting his purchasing power (or his result of being productive) onto the borrower, but in the entire economy the purchasing power stays the same, because no money was created and the credit was created out of existing money, not from money created out of thin air. This is what you need remember: good money = earned by productivity or borrowing it from someone who earned it by being productive; bad money = created out of thin air not backed by real productivity and putting a burden of inflation on everybody (without their consent) who is already productive; good debt = backed by good money; bad debt = backed by bad money; So in the end, in this fraudulent system of privately owned bank called with public name of Federal Reserve Banking creating money out of thin air, it is not about being productive, it is about knowing, which assets will be inflated (increasing in price) after their money creation process. Yeah, and we are here not even talking about fractional reserve banking by commercial banks, which is creating even more money out of thin air. That is why you have always this unnecessary cycles of recessions - bad money. This is what Ray Dalio forgot to tell you all. You are welcome.
1:13 *Transactions* 2:17 *A Market* 3:31 *Credit* _The most volatile 5:04 Credit Spending --> Income for someone else Need: Creditworthy Borrowers 6:21 *Productivity Growth* 8:21 When we borrow, we are placing the cost onto our future self, (because you need the money now) 9:41 50 Trillion in Credit Credit: (+) in the short run, (-) in the long run (because some people don't pay back what they borrow, businesses go bankrupt, negative things happen to sink your ship) Put credit towards something that allows you to increase your bottom line, net income. 11:50 The Short Term Debt Cycle Boom, Peak, Trough, Depression 14:30 Debts go higher than incomes, lenders lend more by what happens lately (rising incomes) Bubble BUBBLE! 16:15 The Long Term Debt Cycle De-Leveraging, Downward Spiral, LESS of EVERYTHING 18:09 Try Lowering Interest Rates? 19:10 We have to handle this accumulated debt De-Leveraging 20:00 1. Cut Spending - Austerity 20:30 2. Default, Assets Lost, Refinance 21:14 Remember the bar tab? 22:00 Deficits 3. Redistribution 23:00 The Rich! 4. Print more money (Inflationary and Stimulative) 24:20 _Money Printer Go Brrrr_ 25:00 The Central Bank & The Government 26:20 Handling The Deleveraging to make it Beautiful + Find the Right Balance + Maintain Social Security 29:39 Putting The Graphs Together
Tired of the "recession is coming!" threat. Recessive periods come along with equivalent market opportunities if you are well informed and equipped, I've seen folks amass wealth in the midst of economic turmoil and even pull it off easily in favorable conditions. Invariably, the collapse is getting somebody somewhere rich
There are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
A lot of folks downplay the role of advisors until being burned by their own emotions. Early last year after my lengthy divorce I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green and my retirement is edging closer by the day.
As with an my big financial decision ,it’s important to keep your guard’s up for economic risks. However,smart planning,time management and seeking advise from a financial adviser can help keep you and your money safe and also help plan your retirement.
@@Alejandracamacho357 I'm in my late 50s and I'm more interested in investments that could set me up for retirement in my 60s, my goal is atleast $2million, i want to buy a big enough for i and my grandkids, I also have a dog
@@Alejandracamacho357 Right now the markets are going berserk right now. This is the best time to watch them, get to know them better, and strike when the opportunity presents itself. I learned that from my mentor, ’Susan Agnes Hancock’ she's seen dozens of market cycles over the past few decades, and she has a feel for how they move, why they move, and what comes next.
@@billybrannon6394 She’s a hlghIy-sought out advlser, so I’m not certain she’s acceptlng new intakes, but you can give it a shot. It wouldn’t be proper to just Ieave her number Iying around, but she has a webpage you can look at if you googIe her name.
I have an Economics Degree from NYU, this video pretty much summed up my entire bachelors degree.
Agreed 👍
Ikr!
And finally you realized what the economy was about.
Damn. 4 years in 30 minutes.
Then after 20 years working in economics having a PhD, you finally learn the austrian theory of economic cycles and see how many mistakes this video has, even if the conclusions are usually correct.
Can we all take a moment to appreciate the quality of the animation here!! Simply extraordinary
its amazing
animation is very simple, but brilliant
The audio and sfx are pretty sweet too!
Yeah, it's super amazing! I loved it!
Daddy Dalio must have had a skillshare coupon code for an Adobe Animate course.
I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix-- Go to school, get a job, and then slave your whole life. Many miss out on life-changing information that could have great effect on their finances. Sometimes Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin ,While also continuously learning from mistakes and improving
Many overlook that banks are return-driven businesses. I don't trust keeping a large sum in a bank. Instead, I invest with guidance, enjoy the benefits, and save for retirement.
After the '08 financial crisis, I've learned not to trust corporations. Since 2020, I've been investing with a financial advisor and have had no major losses, so I'm not going back to relying solely on banks.
@@williamDonaldson432 Market behaviour can be complex and unpredictable. Mind if I ask you to recommend this particular coach to whom you have used their services?
The decision on when to pick an Adviser is a very personal one. I take guidance from Rebecca Lynne Buie to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
This is a video to be watched over and over again for optimal understanding.
Yea
They should play this at schools so kids know what's up as they get older
@@DESTRAKON lol you think they actually want kids to learn about actual actual real life?😂😂😂
Nah bro just give em the text book on Pythagoras theorum or sumn.
FINANCIAL INTELLIGENCE WHO!?🤷🏼🤷🏻♂️🤷🏼♀️
@@timeless_heritage jokes aside, there's teachers that are fed up with it and doing something about it themselves, I had 2 teachers in highschool like that which I thought was pretty dope
@@DESTRAKON That is heartwarming progress. I respect those two teachers!
Unfortunately though, any systemic problem, like financial non-literacy, stems from the top down.
What I mean by that is, they're gain is the general masses loss, and they need that to maintain power.
Educational systems designed for creating indebted and reliant workers, instead of self reliant (practitioners, specialists, proffesionals, and most effectively, business owners and investors) is something deliberately designed to remain the same way, in one way or another, by those at the top in power.
Positive change is possible, I live for it, and like your example, from the grassroots level, has already started forming. But there are a lot of people stuck in the matrix, many if which who like to talk, but aren't willing to take the action necessary to unplug.
I love the fact that this UA-cam video doesn't have ads... no distraction, full consistent focus, maximum understanding. Way to go!
It doesn't have ads because its misinformation. The 1% wants you to believe this crap. They dont need shitty ads to pay them for spreading these propaganda videos. They're billionaires.
The Architect FX what’s misinformation?
Yeah so viewers can get the full effect of the indoctrination, without a break.
Allow me to give a plug; " Do you not know it is the Lord who gives the power to gain wealth " Dueteronomy 8:18
The Architect FX not really, it’s also showing that extensive borrowing can financially crush you. I don’t see how it’s presenting borrowing is the solution to all of your problems.
I think one needs to be a genius in order to be able to explain such an incredibly complex thing in such a beautifully simple way.
Yeah, generally it's a good measure of someones grasp of an idea. For most people if they can explain something quite well, in a manner most people will easily understand, then they probably have an excellent grasp of said thing (or are very good story tellers). If someone can't explain something to you very well (unless it's say, quantum physics level abstract) then they either don't really know what they are talking about or have a communication issue.
Concerning this video, at first I thought: 'Oh no... he's going to grossly oversimplify and miss stuff'. By the end of it I was thinking: "I hope I can explain economic ideas half this well one day...".
Ray Dalio is a genius
Just remember that the federal reserve wants you to think it's important. Remember that it was originally not allowed to exist because the founding fathers of America did not want central banks
@@JanjayTrollface I think this is a good rule of thumb for people learning a new topic (how well you can explain it = how well you understand it) but applies less well to experts who may understand something very deeply but be terrible at explaining it to a layman because they assume background knowledge or a level of fluency with the relevant concepts that the listener might not have. Professors often say that the most difficult thing for them to teach is their own research
@@jamescresswell6013 Yeah, that's what I sorta meant by 'quantum physics level abstract'. Unless they have the time to start from the beginning and explain a plethora of terms and the ideas or theory behind each, then it can be like speaking another language with some topics.
I’ve been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.
Invest in S&P 500 ETF, for as long as possible. Do it as often as you can. Try not to withdraw this money and let compounding do its work. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $235k to $690k despite inflation.
i'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
"Laurelyn Gross Pohlmeier," a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Who's watching in 2020? This is the best economics lesson I've ever gotten.
I'm here!
The feds just dropped the interest rate to near zero just like Ray mentioned at 18:22! We are entering the deleveraging phase of the US economy.
@@DavidGasparDC Absolutely!!! You're so right!!
Totally. I've had multiple Economics classes in college but this 30 minute video taught me 10x more than what I learned back in college.
@@mellenndomanais you guys realize that beautiful deleveraging is a beautiful lie. This guy is wrong about it working. It did not really work in the 1990, the 2000 .com crash, the 2008 crash, and it will not work now in 2020. The Central banks around the world have no real control of interest rates....
UA-cam is the world's Biggest University.
Agreed, but while this video gave some valuable insights, it's wrong to imply that there is such a thing as a beautiful deleveraging. Millions of people suffer when they take on debt. I've had a habit of only spending half of what I make, and investing the rest. I'm getting through this financial crisis just fine as a result. Other people aren't. Central banks exploit the weakness of undisciplined people. Their desire for immediate gratification. Everything you buy with borrowed money costs more because of the interest payments, so your hard work ends up buying less over the long run as a result. A lot of your hard work ends up benefiting the lenders, not you. Taxes would be far less if governments operated the same way I do, only spending half of what they make until there is enough saved to easily get through the times like this. Lower taxes would result in everyone having more money to spend. The only time money should be borrowed is when someone has a sure-fire business plan. An idea for an enterprise that is sure to make a sustainable profit. Consumers should NEVER borrow. People should just live with their parents until they save up enough to buy a car, and then a home with cash. If you live a life of austerity early in life, you end up FAR WEALTHIER in life. That's true for individuals AND governments. The central banks are siphoning wealth from people on a MASSIVE scale. Dalio should be telling people to DETHRONE this system, but he won't because he profits from it. Watch this video for better insight. >>> ua-cam.com/video/iFDe5kUUyT0/v-deo.html&feature=emb_title
You need to be really careful to pick the right content, though. e.g. Alex Jones
No, that costs money;) Library?
@@RamonBalthazar Are you saying Alex Jones is an example of the right content or the wrong content?
@@someguy7376 I’m saying that Alex Jones is an example of something bad
Less than 5 minues into this and I already feel so much more educated and I have finished a whole page of notes. Oddly enough this is actually fun. Why isn't school like this??
Because teacher don't get paid much to create interesting adobe after effect
It's very interesting, the thought process of others. When I was younger I thought education was a waste and I didn't need it but going through experiences and realizing education is better than being dead in the street & broke, I slowly started realizing that indeed every topic of knowledge there is to know is important to our driving force. Point is everything is fun if you look at it and focus on the bigger picture that it's feeding into.
I'm having trouble concentrating - fighting the urge to forward this to my daughter.
Ya
My teacher actually made us watch this video as our assignment
This channel is really trying to teach our mind to see value that cannot be altered by anything, even the wisest economists. It's all mental conditioning once you start to see the physical objects as interfaces for the real value stored in your crystal brain.
The financial markets are full of opportunities, but I’ve learned a lot over the past few years. The key is knowing where to focus and also having a good mentor. like mrs ann fiocca and robert to lead us down the right part.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
she's mostly on Telegrams, using the user name
The moral of the story: Debt is for investment, not expenditure.
Moral of the story 2.0: People who borrow a lot and spends without Investing, are not financially mature, they're like babies... meaning they need to grow up an stop asking mammy & daddy (aka the Bank) for lines of credit & credit card increase to buy a new car instead of INVESTING that F$$%# money for profit. that's why they put the baby crying 8:24 in the video!
In your opinion, what is the cutest baby animal EVER? We love them all! 💙
How is an investment not an expenditure??
@@DHanzzP If an investment has a reasonable chance of generating a return on investment, it is not an expenditure as you are net gaining. An investment that will not generate a return is sunk capital.
@@EcclesiastesLiker-py5ts The act of spending funds is called--expenditure. Doesn't matter if it's funds expended on table dances at the strip club or swiss gold bullion. And no, it has nothing to do with ROI. And no, your description of sunk capital wrong too. Do you know what a dictionary is and how to used it?
It's incredible how much real education we can get for free. Unbelievable! Thank you Ray
You're paying for your internet connection right? You paid for the device you're consuming it on. You're paying for the electricity powering the device. Nothing's free man.
@@neonada.official the content is free. If you try to get this information from a class in college, you have to pay for expensive tuition. Plus you still need to for your books and pencils.
La naturaleza de los ciclos va más allá de las variaciones sazonales, y lo que está en juego aquí es la visión yanqui, fundamentalmente distorsionada de cómo funciona el crecimiento, el pico y la muerte de un sistema en el planeta en el que vivimos. La visión yanqui de los sistemas económicos y sociales que crecen y sólo se detienen con una acción "catastrófica" es el error fundamental que cometen. Así, desde el punto de vista yanqui, las civilizaciones caen a causa de un desastre que las afectó, como un tsunami, una erupción volcánica, una invasión bárbara, un terremoto o incluso por variación climática. Creen ellos en un funcionamiento ad perpetum expansivo y constante de cualquier sistema, y que solo una catástrofe o agotamiento de recursos puede interrumpirlo. Nada podría estar más equivocado. En oposición a esta visión catastrófica, está el enfoque del agotamiento de las interacciones que produce cualquier sistema, que, "naturalmente", se agotan en medio de sus procesos naturales de crecimiento, auge y muerte como lo es para el ser humano. Los sistemas socioeconómicos, civilizadores o incluso geológicos no se acaban por falta de recursos sino por el agotamiento de sus procesos de crecimiento y muerte. Esto significa que cuanto más rápido crecen, más rápido se agotan a pesar de la abundancia de recursos. Esto es exactamente lo opuesto a la visión yanqui que considera virtuoso el rápido crecimiento. De esta manera, desde el final de la Guerra Civil estadounidense, pasando por la primera y la segunda guerra mundial, luego con el aumento de los precios del petróleo, y más aún, el crecimiento absurdamente exagerado de la China comunista; el sistema económico propuesto por los yanquis llegó a ser visto como virtuoso y de inmensos méritos, ocultando, sin embargo, una naturaleza fundamentalmente viciada y fallida que nos condujo a esta actual crisis de agotamiento de los procesos económicos. Nada puede crecer indefinidamente o ser detenido solo por una “catástrofe”, sino por el crecimiento, que, yendo más allá de la cuenta, acelera su fin no por el colapso sino por el agotamiento natural. Como un deportista que muere de "muerte súbita". Lo que los Yankees ven como virtuoso está fundamentalmente sesgado, y producen una escalada de apuestas increíblemente altas hasta llegar a esos alucinantes cuatro quatrilliones de dólares en los mercados de valores y derivados de Wall Street. Aquí se puede apreciar claramente que estos valores no pueden representar acumulación de riqueza, sino más bien un signo preocupante de agotamiento de los procesos económicos que la derivaron. Además de eso, un inmenso proceso de industrialización forzada de la China comunista que agota todos los recursos industriales del planeta que empobrece a todos menos a la China comunista. En 2008, la escalada de los precios del petróleo alcanzó unos formidables 138 dólares desde los 5 dólares el barril en 1971. Recordando que los dinosaurios no se extinguieron por ninguna colisión meteórica sino por agotamiento natural. Por lo tanto, Estados Unidos corre un grave riesgo de ver agotados sus procesos económicos mucho antes de tener que utilizar sus arsenales militares o ver agotados sus recursos naturales u observar cualquier cambio climático. Los procesos antrópicos de intercambio de energías termodinámicas en esta etapa de la evolución de la Tierra, no han permitido hace mucho tiempo cambios bruscos en nada, sino un lento agotamiento de los procesos de crecimiento, pico y muerte de cualquier sistema.
Pppppp
@@Shotaro73 and not forgetting the time and energy that I will need to pay to actually get my ass to class early in the morning...
I've a degree in economics from UC, and still have the books from school on my shelf. I thought I would add my two cents.
This is so well done, it's stunning. It's a terrific introduction to the basic concepts of the market economy and presented in a very digestible, easy to listen-to form. Because it's easy to listen to and understand, the material is assimilated by the brain very well. So, even though there is no higher level math here, it's enough to get someone started in the field-- and a higher level course is useless if the viewer cannot understand the material, no matter how high quality the material may be. This video does so much with so little time. At least, it casts light on something that many would find hopelessly obscure.
Mr. Dalio hit this one out of the park.
so where are we now?? a bubble??
@@jorgepalacio2388 most developed countries are At or Near 0% int. rates... so yep! Tail end of the long term debt cycle- heading for a global Deleverage - depression
Javier Luna Given how severe the last recession was, the next contraction will probably be milder.
@@estebanperalta8880 depends what country you're referring too.
Some countries continued to grow/accumulate even more debt during 2007/8
I'm from Australia; it's definitely coming here hard. Other countries that will get hit this time around include- Canada, Sweden, New Zealand, South Korea, Belgium,
and
Maybe- China (this one is a tricky one- they might be able to push it's date back)
@@unprotectedhex1716 makes no diffence which country. The last growth phase since 2008 was about 2% average except china but those figures cant be trusted. Usually after a recession the growth is 7-8%. for the last 10 years it equates to 3 years of a normal upturn.Yet house prices and stock market doubled.
So why did we get stock market and housing bubble without growth? Lowest interest rates in history, making cheap money for real estate loans and company stock buy backs. So corporations got more debt but no real productivity growth just less creditors in the form of stocks but move this liability to the lenders.
The fiat currency is created by central banks from nothing and then charge the government interest on it. Central banks are privately owned yet control the currency for countries???? very smart oligarchs
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.
It is remarkable how much long term
advantage people like us have gotten by trying to be consistently not stupid,
instead of trying to be very intelligent.
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world.
Many individuals report success in investing in stocks,fx, yet I continue to struggle.Can somebody help me out or advise me on what to do?
Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
Literally amazed at myself that I was able to understand such complex topics so easily. Released in 2013 but watched in 2021. I wish we have more teachers like him in the education system.
Cuz it was made for idiots...
@@noxiansummoner1730 like you
Lol bro they literally made it so regular people can understand
⁰
Yeah they made it easy to understand. Stop selfthumping
This 30-minute video is worth more than my 4 years of studying economics combined
Fr
Didn't you learn calculus or programming or something useful?
Yes this 30 minutes great simple teaching and easier to understand, thanks.
wait really?? I'm starting my economics degree next year! Is it really that worthless?????
@henwoda some exaggeration was implied, of course, in my comment. I was just complementing the simple yet effective way of the explanation in the video.
This is probably the most educational video I have ever watched about economics.
economics*
At 42, I've come to realize that money is a tool. I’ve worked so hard over the years to realize that if you don’t make money work for you, you can’t experience true freedom. I’m glad I found that out although it was later in life, but that marked the turning point in my finances.
Herman Jonas is the brain behind my success. I've gotten into a plethora of assets with $43k spread across stocks (options and futures) for the short term and Roth IRA, index funds, and ETFs, for the long term. Now I sit back, and just reinvest at intervals while I handle my other businesses.
Hello, how can I reach him, please? I need help with investing.
I appreciate the feedback. I reached out to him via the mail you provided and we talked at length. I found him to be verified. I’m glad that I signed up and I've begun my journey with him. Thanks again.
Working with a fiduciary like Sir Herman has given me peace of mind in my stock investments. He prioritizes my financial interests and has guided me toward stocks with strong fundamentals, resulting in consistent growth over the past 8 months working with him.
Fake spam
Introduction 0:00
Credit 3:28
Cycles 6:20
Short-term Debt Cycle 11:58
Long-term Debt Cycle 14:34
Deleveraging 16:51
A Beautiful Deleveraging 26:18
In Closing 29:37
Divorce decides that in any modern world maybe
Thanks.
this video is epic
Thanks for the timestamps. Will be very useful!
Thanks
自分用
1:17 Transactions
3:27 Credit
6:19 Cycles
11:58 Short Term Debt Cycle
14:35 Long Term Debt Cycle
16:51 Deleveraging
21:03 Depression
26:18 A Beautiful Deleveraging
29:37 In Closing
Thank you
Homie a god
I made my own money though Bitcoin trading
Expert Anastasia is my broker and she has been my saviour so far, she made me profits of over $15,000 every week with just little of $3,000 I normally invest
She made success easier for me and my family especially in this pandemic
"It all comes down to interest rates. As an investor, all you're doing is putting up a lump-sump payment for a future cash flow."
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .
If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 60% early this year. It is, in my opinion, the best way to get started in the industry right now.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Rachel Sarah Parrish is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
Tired of the "recession is coming!" threat. Recessive periods come along with equivalent market opportunities if you are well informed and equipped, I've seen folks amass wealth in the midst of economic turmoil and even pull it off easily in favorable conditions. Invariably, the collapse is getting somebody somewhere rich
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
Risk mitigation is indeed something to consider well before setting out on inveestments. Most often than not, CFAs take care of this perfectly. People downplay the role of CFAs until being burnt by their own instincts. I was in a similar situation a few years ago; Took my chances but stocks went crashing. Realizing I wasn't good at timing the market, I started working with an Adviser, which helped me build a $1.6m portfolio.
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
Her name is. 'Amy Desiree Irish. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I
It's really wonderful to come across people who freely share valuable information online. You never know what kind of knowledge you might stumble upon that could have a lasting impact on your life.
Don't procrastinate when it comes to saving and investing. Don't wait for the perfect timing; start now because the current moment is the best time to invest.
Cryptocurrency trading appears to be quite lucrative. Despite the constantly changing nature of Bitcoin, it's evident that the cryptocurrency community is here to stay. John Joseph, you're doing an excellent job.
INSTAGRAM
john joseph sabatier
wow so you also have business relations with Mr. John? Honestly, this guy is impressive. It's unfortunate that you only found out about it through the comments. He is the one who guides and inspires me.
“A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain.”
― Mark Twain
With the borrowed umbrella you can go to work when it rains, then get paid for your work and buy your own umbrella
then don't borrow umbrella when you don't have cash.
@@williampan29 just bc u said ?
😂😂 reading this Mark Twain comment posted just made my morning!
@@Igordrifit clearly u don't understand the quote
America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..
Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. this year will be a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned 180k savings to turn to dust
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Mind if I ask you to recommend this particular advisor you using their service?
Credits goes to Vivian Jean Wilhelm one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
This reference seems valid.. Just looked up her full name on my browser and found her site without sweat, over 15 years of experience is certainly striking! very much appreciate it
I think the retirement crisis will get even worse. A lot of people can’t save because of low paying jobs, inflation, and insane rental rates. And now that home ownership is out of reach for middle class Americans, they won’t have a house to retire with either.
The high prices have affected my retirement plan to retire at 62, work part-time, and build my savings. The stock market's volatility, combined with a reduced income, makes me anxious about having enough for retirement.
If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 65% since January. It is, in my opinion, the best way to get started in the industry right now.
I’ve been worried sick about the current state of my portfolio, who is your advisor?
Finding financial advisors like Rebecca Nassar Dunne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
This video should be shown in schools before they start to teach the textbook economics !!
Most people don't know how the economy actually works, I was one of them before watching this video,but slowly my understanding of economics is increasing !!!
Thanks RAY DALIO !!! 💐💐💐👍👍👌👌
Make sure you also seek out how the IMF and central banks work together. This video does not make apparent certain truths
@@ceoatcrystalsoft4942 can you suggest some books on that??
This taught me more about economics in 30 minutes than all my years at school.
Thats because the US government passed a law back long ago that the economy MUST NOT be taught in common grammar schools this is so people borrow too much and dont understand how to make money ...keep the poor poor as they say
True, True.
I swear I was just thinking this same thing
you should've probably been paying attention than
@@offlogic3790 Well I guess that makes 2 of us as you can't even string a sentence together without spelling mistakes 😂
who is watching this in 2024
I watch this like once a week just to stay reminded.
Such a. Valuable one btw
Sex man
@@anikmehdi7848 Bangladeshi naki??
Me
What a wonderful era where you can learn from the top people on their field anywhere in the world
This is one of my all time favorite videos. Better than my degree.
Feel sorry for your degree if you consider this video decent:)
Lmao You've played yourself with that degree.
Dm Mas considering this is free. Way bettdr
Road Kamelot lol Dj Khaled
da fuq was your degree, dude?
Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.
Let's face it... buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k i want to transfer into an s&s isa but its hard to bite the bullet and do it.
Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
I agree with you totally , Yes they can be positively impactful to an individual's portfolio. I started with a trust Financial Adviser named "Helene Claire Johnson". She is verifiable and her work ethic complies with the US Investment Act of 1940. Her approach is transparent, allowing full ownership and control of my portfolio with very reasonable fees relative to my portfolio earnings.
@@alexyoung3126 learn about what Bitcoin is, what problem it solves & how it will change the world. Then use some of your money and buy some bitcoin. Don't sell them for 10 to 20 years (or longer). And think about the random guy on YT who told you to do this when you think back and wonder how you became so wealthy ;)
@@BjornWiese They are bots if you didn't know.
It’s amazing really. We have a financial crisis, caused by greedy, reckless financial institutions. Congress passes legislation requiring those institutions to be less greedy and reckless. The institutions then lobby to have those restrictions removed, usually in the name of “remaining competitive”. This leads to another financial crisis. It’s completely predictable, and we have been doing this dance since the Great Depression almost 100 years ago.
Agree; the rules should be applicable to all banks - big or small. First; very few meaningful laws are passed and then this cycle of doing-undoing seems to support deregulation risking the economy and the faith in banks.
I believe using an investing advisor isn’t a terrific idea. In the midst of the 2008 financial crisis, I was literally experiencing horrible dreams before I spoke with an advisor. In conclusion, I was able to increase my initial investment from $320k to almost $2.5 million in 2011 with the aid of my advisor, and I later bought my first investment property.
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
Carol Vivian Constable is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
I am 14 years old, English is not my first language, I am learning business in the IB curriculum. It took me 3 watches to understand the video but I'm thankful it's all starting to make sense now. Thanks to the animator and Ray Dalio for explaining complex concepts for us!
It's truly beautiful that you as a 14 year old non-native speaker can access such quality educational material. Really shows how far the world has come :)
By the way, do not at all worry if this took you a few tries to understand. The vast majority of grown adults I've met do not understand how the economy works to this degree. So you are well ahead of the curve :)
@@theWebWizrd hey, thanks! That's really nice of ya
Amazing that your 14 watching this. Keep it up and learn as much as possible now so later you can begin your investments RESPONSIBLY and hopefully be very successful!!!
I am 15 and im trying too
@@JackKevOfAllTrades thank you!!! I will
The global economic situation we’re in now, makes this video give me chills
It should give you confidence!
@Ranjit Tyagi Hi, 2 days later it is massacre
@Ranjit Tyagi Blood on the floor is the time to buy.
2-3 years of a depression coming. If you got out of the stock market at the right time, congrats. I lost about 7%, but if I kept it in I would have lost about 40% and it would take 5-10 years to return to baseline. That 5-10 years can be bought at the lower point in recovery and make more money in the long haul.
Why do still most of you swallow that economies breathe of their own!? This BS you are served is BS! The simple solution to this raping of humanity is to get rid of the FILTHY CRIMINAL JOO PRIVATE BANKS(Federal Reserve Bank) and instate legit PUBLIC BANKS!!!
In the U.S only North Dakota has a legit PUBLIC BANK - only state which can claim the great ( ORCHESTRATED) 1929 depression, they never felt! See their charter on their web site.
This is the most stimulating piece of education I have ever seen recently
No adoubt
*Ray is amazing. Wealth has no shortcuts, there’re ways to attain it.*
Elizabeth Greenhunts
get to her with the name
Good to here. Thanks
Great info..
I recommend everyone to watch this at least 5 times
Why would you watch this so many times?
Better take notes and just read them...
Once is enough. Watch other videos that are more technical on the same topic to get deeper understanding of Credit - Debt and Central banks - Commercial banks. :)
@Christian Ketterl and gather knowledge then get back to this video.
10:02 - "Rembemer, in the economy without credit, the only way to increase your spending is to produce more." - Seems fair enough to me, there is no such thing as free lunch, you want something, go and produce it.
Money should be backed by real productivity, earned by real productivity - this is good money. When the money is created out of thin air, the creator of money is cheating everyone's productivity by inflation. Do not get me wrong, it is okay for credit to exist, to borrow money. But money should be lent by someone who earned it by being productive, not by creating it out of thin air. So in the end lender is shifting his purchasing power (or his result of being productive) onto the borrower, but in the entire economy the purchasing power stays the same, because no money was created and the credit was created out of existing money, not from money created out of thin air.
This is what you need remember:
good money = earned by productivity or borrowing it from someone who earned it by being productive;
bad money = created out of thin air not backed by real productivity and putting a burden of inflation on everybody (without their consent) who is already productive;
good debt = backed by good money;
bad debt = backed by bad money;
So in the end, in this fraudulent system of privately owned bank called with public name of Federal Reserve Banking creating money out of thin air, it is not about being productive, it is about knowing, which assets will be inflated (increasing in price) after their money creation process. Yeah, and we are here not even talking about fractional reserve banking by commercial banks, which is creating even more money out of thin air.
That is why you have always this unnecessary cycles of recessions - bad money.
This is what Ray Dalio forgot to tell you all. You are welcome.
Who's watching amidst the corona crashes of 2020?
Me bro me
@@DeathAtlas_t - be me too
me
The quantitative easing won’t work
@@yihangli6241 can you explain
Successful people don't become that way overnight. What most people see at a glance- wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..
Assets that can make one successful in life
I.bitcoin
2.Stocks
3. forex
@Pierre Dubois You're right, Investing in bitcoin now is the best thing to do especially with the current rise in the market
people are really making a lot of money from it... . .
please I have been hearing about this Mr Aitor Lorenzo from my colleagues at work. How do I easily contact him
Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
When it comes to investment, diversification is key. That is why I have my interests set on key sectors based on performance and projected growth. They range from the EV sector, renewable energy, Tech and Health (AMD) alongside coins, and gold. I'm also working on an investment plan that includes AI looking into Nvidia, MSFT, Alphabet stocks among others with my Fin. Advisor, . It's been a year and half of steady growth.
I'm sitting on some significant money ready to toss it into VOO, but I'm kinda hoping that price drops a bit. I know we only want to see the stock rise, but being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Finding financial advisors like “Stacy Lynn Staples who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thanks for the info. I searched for her full name and found her website right away. I reviewed her credentials and did my research before reaching out to her.
I'm an engineering major and never understood economics. This video has completely changed my perception.
Thanks Ray!
building block video
Except its total BS. Central banks pump and dump the credit system to crash markets and stealwealth. Hedge funds are part of that fraud. Try Dr Ricarcard Werner for how it really works.
@@shareefcondon - It feels like your one of those people who believe in conspiracy theories
Abhishek Ranjan. This video is also largely deception and propaganda, but we are so propagandized our entire existence, it is very hard for almost all to figure out what is the truth. Call me at 248-214-8505 to get more references to learn from, and more insight. There is relative remedy to all this nonsense.
forex trader and engineering major buddy
This video should be mandatory in every school!
I agree
If everybody has the same knowledge and proceeds to do the same things making the same financial decisions than how's it going to work out?
@@neonada.official One is the winner and one is the loser,yes if everyone is making the same financial decisions then the powerful change the rules .
School is brainwashing
@@berth2505 You wouldn't be able to write this comment or form that thought even without having had schooling.
This is a MASTERPIECE of informative training, in a simplified and digestible narrative. The explanation was clear and WELL PACED, the narrator was easy to listen to, the animations were spot on and helped with understanding.
This should be in every Economics and business class EVER.
if it is masterpiece, try to earn money by it - suddently you see, bought tv is good investment - it makes you go further, in your job/activity/salary ambitions - and author is just BIG PIECE of BULL...
take my advice for free - you not need spend 31 min for it )))
No, this should be 8th grade math. The whole year.
Except he left out one very important piece, Interest. Interest makes this system mathematically unsustainable. It will collapse, at then end everything will be owned by one person/entity....the bank
@Glid Except that, unfortunately, 'wealth' is increasingly connoted by financial instruments and assets with no necessary, direct connection to the actually productive apparatus of the economy (the "real economy") which is invariably being rendered _economically irrelevant_ by technological advancement to the effect that the economy is becoming more and more dependent on the turnover of technically useless and objectively unnecessary "services" and the repackaging and reselling of liabilities which accounts for an ever increasing share of the all-important GDP. This is not an accident; It is an immediately predictable consequence of the market system's defining logic and inherent incentive structure playing itself out in the context of modern technology.
The banks are absolutely positioned to profit from people's economic misfortune, considering that they can just short on the whole economy anyway and then take people's property when everything tanks. This is a well known reality; don't deny it. Also, the financial industry practically owns the government which will just directly hand them the people's money if need be - of which we are witnessing yet another example as we speak.
When you combine interest with the fractional reserve lending scam used to systematically fleece the population of their wealth 'business cycle' by 'business cycle' under the guise of "stabilizing the economy," it is without question an insidious force undermining the distributed accumulation of wealth promised by market idealism. Basically, the problem is that the money to pay the interest is *not created* along with the principal whenever the money supply is expanded through credit invented out of thin air. If you want a more thorough review of how this dynamic works, I suggest watching the first chapter of Peter Joseph's film Zeitgeist: Addendum. You can find it here: ua-cam.com/video/HbvCxMfcKv4/v-deo.html
Do you remember President Lincoln's non-interest bearing currency, the Greenbacks? He did not borrow money because the United States was a sovereign nation and had the right to create money. The Federal Reserve is privately owned by the banks. It has the right to charge us interest on money they created out of nothing. Recently, the US was paying out $12 billion a week in "interest" payments on money Bankers created out of nothing. If we had Greenbacks, there would be no national debt of $23,515,661,447,556.65 as of 3/19/2020.
If we increased the money supply by $400 billion a year, under Lincoln's system we could spend that money into circulation without adding to debt burdens. If we had no interest to pay on the national debt, we would have $912 billion to spend.
I have suggested in the past that we do a debt Cancellation as did the Kings of Babylon long before the Babylonian Captivity when the Bible Writers started calling it a Jubilee. Irresponsible people suggest funding a Jubilee through money printing or Helicopter Money which would wipe out everyone just to save the Money Addicts. Better idea is that we arrest the people who stole money from us by the tens of trillions and seize their assets to fund Debt Cancellation. This is what I wrote.
Debt Cancellation Is The Best Way To Take Down Bilderberg
vidrebel.wordpress.com/2015/04/07/debt-cancellation-is-the-best-way-to-take-down-bilderberg/
The US economy cannot survive without continuous credit and debt creation. The FED will print more money and the average American will go just that much further in debt. Meanwhile, foreigners lust for the greenback. Their economies are in worse condition than the US... if that's even possible. Someone is going to be left holding the bag...
They do say gold will crash in a liquidity crunch However, many of those holding precious metals are preparing for such an event. So they are unlikely to be forced sellers. The paper market would tank and hopefully collapse.
Seeking guidance from a consultant or investing coach is advisable if you're unfamiliar with market dynamics. Personally, consulting with an expert has been instrumental in navigating the market and achieving a portfolio growth of approximately 65% since January. While it may seem like a common suggestion, I firmly believe it's the most practical approach for entering the business successfully right now.
I work with Sonya Lee Mitchell as my fiduciary advisor. Simply look up the name. You would discover the information you needed to schedule an appointment.
@@crystalcassandra5597 I looked her up too and it seemed like she might be the worst advisor in the world who has to resort to youtube comment spam in order to try to drum up business. As an expert Fiduciary Advisor Advisor, I would advise anyone looking for an advisor to avoid Sharon Lee Peoples.
@@cowell621why y’all so weird 😭😭
“Too many people spend money they haven't earned, to buy things they don't want, to impress people that they don't like.”
― Will Rogers
It’s WILL SMITH
@@malavpatel4705 Brad Pitt
Yeah but it's not just on the consumers yk, that's a thing to keep in mind
IKEA
I liked my girlfriend tho.
"Most of what people thought was money, was actually credit"... This applies to much more than just the economy.
That's our society in a nutshell right there
Gold is Money. Everything else is Credit - J P Morgan
@@ericnipas49 et 🙏
@@edwinl423 a
That's right. Everything isn't money it is "tradable bank liabilities"
Financial system is a house of cards each card a promise to repay. Pull too many cards out and the thing collapses
I swear I’ve learnt more during this quarantine than all the years I was in school 🙌🏽 I’m a new woman lol
I was just on a quarantine walk outside thinking the same thing
Congratulations lady!
FATHER NATURE it did but I’ll probably have to watch a couple more times to really retain the info long term 🙏🏽
javier landry 😌😘
Likewise
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.
With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Linda Aretha Reeves is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
Feel like economic theory is over your head? You won't after watching this. An amazing first lesson for anyone who is interested in learning about how the economy works. Thank you Ray Dalio, you have enlightened so many of us.
This was an aesthetically beautiful video. Very well crafted.
Yes but it assumes that debt is necessary
If you listen carefully it doesn't. Just explaining how it works right now. It mentions that without "debt money" we would have stable growth with rising productivity.
@@danpt2000 I don't think it assumes that debt is necessary; it only says that debt is a form of money and it could be used for good purposes, like increasing productivity.
Shame it's not about actual economy
hob976 reminds of the monopoly aesthetic
The lecture was delivered in a way, even untrained minds could grasp it so easily. One of the best I have ever experienced.
true that, props to ray for really simplifying a usually very poorly explained concept
Isn't it interesting how billionaires often brainwash people into believing that chasing money isn't the path to happiness? The truth is, while money itself might not bring happiness, it does provide security and freedom. These billionaires are securing wealth for future generations, and one thing they all have in common is that they're investors. It's crucial for people to take their financial literacy seriously and consider investing in the stock market. It really can work for you and help you build the financial future you deserve.
You get rich by making credit work for you. Nobody ever got rich by saving money.
That's very practical and smart goal, a wise man once said do everything you can to get outta debt, one of his tips to get rich is Investing.
Investing and trading now will be the wisest thing to do especially with the current economic fluctuation and inflations.
Success usually comes to those who are too busy looking for it. If you're willing to do business or become an investor then you will be rich.
The digital market has been good news lately, many people in it are seeing a great return.
This video sums up what took me about 4 years of gradual self learning to know in only 30 minutes!
so you can sleep well at night knowing the fed will save the day? good for you fool!
+Dan Dan Of course not. I'm not an idiot. you have to understand the mechanism first to know why it's not working!
uv10100 一
uv10100 😂😂 3 years in my case
I would not be too excited about what you may have learned, the information that was left out is where the real knowledge to be gained is. Is it natural for a sovereign nation with a fiat, non-convertible, currency to have private institutions control 95% of money (credit) creation (out of thin air) and be the primary beneficiary from its seignorage? Is it natural to lend to people with a high debt burden on mass? Is it natural for risk managers to not mange risk? Was the 2008 housing crisis a natural part of the long term debt cycle? Was it natural to have the credit rating agencies lie about the mortgage backed securities they were rating? Is it natural for the banks to bet BIG against the very securities they are selling? Is it natural for credit default swaps to be leveraged beyond any reasonable level that could possibly be recovered? Is it natural to repeat the same mistakes over and over again? Is it natural to save failing businesses and not change a thing after they almost bring down the house? Is it natural for the central bank to always be behind what is going on in the real economy and not ahead of it? Is it natural for a private institution to act in the publics best interest when their sole fiduciary duty is to their shareholders (all while being permitted to hold a fundamental public privilege)? Is it natural for banks to focus 80% on their resources on unproductive transactional activities even when we know real value of credit is when it is put to work for productive means (which does not produce cycles)? Is it natural for the smartest financial minds in the world also be the most ignorant in areas of their expertise... at the same time?
let's give a time to appreciate the animator also :)
I feel like this person worked for the game Fallout or maybe just played the game a lot as a kid.
Yup, the artstyle is a lot similar to it.
Yes some of those animations were just delicious
Yes
@@googiegress They were sexy too
The best explanation of the economic system in a short amount of time I have ever seen, quick and to the point, efficient, clever
But wrong, central banks and hedge funds pump and dump and defraud any system. Try Dr Richard Werner for real economics.
curly10808. This video is also largely deception and propaganda, but we are so propagandized our entire existence, it is very hard for almost all to figure out what is the truth. Call me at 248-214-8505 to get more references to learn from, and more insight. There is relative remedy to all this nonsense.
@@shareefcondon n
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
How can I reach this person?
'vivian jean wilhelm’ maintains an online presence. Just make a simple search for her name online.
I checked Gertrude up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response
“Formal education will make you a living; self-education will make you a fortune.”
--Jim Rohn
I like this one!
Excellent!
By this quote I'm going to be drowned in gold and silver. Awesome quote!
Jim was brilliant with wonderful earthy insights into almost everything in life ,,one of tony robbins original mentors ......so who your around is who you become ,,,etc etc
i should be a bazillionaire then, where's my money ?
Wonderful summary. Finance should be mandatory with reading, writing, math and science.
And a whole lot less English class!!
Anybody ever had someone come up and ask......can you tell me where the noun is in this sentence?
Me neither.
@@terryseiber970 you wouldn't understand this video if English wasn't emphasized on and guess what you'd be left out on this knowledge .Never undermine the power of language
@@exampaperplanes ok, so tell me....
How many people have asked you in your normal every day life, where is the noun, verb, pronoun, adjective or prepositional phrase at in a sentence?
Many people have asked me how to spell a word or just stand around with a stupid look on their face when posed with a simple math question if no calculator is present. Spelling, math and reading very important.
I learned to speak three languages in my life, while not having a damn clue where nouns, adjectives and such are in a sentence.
Writing is learned in my opinion, from being able to READ. Your reply to my previous message is proof that I have mastered the art of writing, simply because you understood what I said. Language is simply communicating. Spelling on the other hand is imperative, if one cannot spell at least somewhat correctly then nobody on the planet will know what the hell you just wrote. Unless you want to be an English teacher or maybe an author sentence structure is just a waste of time, hell even if you are an author, someone else is going to edit your book eh? Many books I've read that have gone through this publishing process still have spelling mistakes and that always makes me smile.
You remind me of my 12th grade English teacher. She would always get on me when I said "ain't", ain't isn't a word she said, of course it is I replied, if I say it and you in turn understand what I said, it absolutely is a word. So in closing, English was invented by people that thought they were more sophisticated and intelligent than those more "simple" folk around them. A self imposed feel good to say.... I'm better than you scenario.
I SAY BULLSHIT TO THIS HORSE SHIT.
I'm quite sure economics is required at pretty much every public school in the US. The problem is not what is required, but rather that you can skate by without paying attention and cramming for tests; immediately dumping the information from your brain the moment the test is over
I know plenty of people who didn't even do that, they simply were allowed to graduate because of the "no child left behind" bullshit.
If it was banks would t make money in fees
I'm so happy that 2 years ago, when I got a great bump in pay, decided to reduce debt, instead of buy. Now unemployed, it served me well to eliminate some monthly debts
Great work!
Have you heard of UBI?
By unemployed do you mean like you are the boss of your own work?
@JUSTINIAN - BANKING
Wut?
Just work on wall street. You don't have to do anything but loot the treasury. The stock market is fully socialized or hadn't you heard?
I have a bachelors and an MBA with concentrations (majors) in Finance, and work in the industry. I have been returning to this since about when it was released 10 years ago. It is a fantastic overview about how the economy works and provides a great structure to think about where we are at in the cycle at any given point.
I have one young son and another on the way. As they age, I will share this with them repeatedly because I think understanding what Mr. Dalio is saying here is incredibly important for anyone who participates in debt or equity capital markets.
This should be mandatory curriculum for high school students, at the least.
The public school system sucks. I get all of my education on UA-cam.
Same haha
until you can't pay for YT anymore and now have to read books.
***** You may be very well correct about deflation, as I am very new to learning about economics, but in concern to public education, it is very terrible, I have learned more in 1 year of youtube and shows and even games (yah I know), than the public school education system. A system which only benefits certain types of learners and varies teacher to teacher. The alternative is expensive private schools or expensive colleges (when older), which are not an option because without education on things like economics you are prone to not make much money, unless your education is paid for which is possible but not in most situations. It's almost a trap that keeps those who were born without less money in a situation that prevents them from learning how to make more. But, it is possible to get out of this by pursuing education through other means such as youtube, or books if you learn well that way.
That's not by accident BTW.
Highschool in the netherlands sucks too. The productivity of the lessons are way to low. I see in my environment many people wanting to learn much, but the schoolhours stops you from learning. People are made be curious and wanting to learn. So let them make only the central exams which gives you a diploma of a equal level, and give them more freetime. More freetime = more knowledge.
Always great to know how a billionaire of the finance sector sees the economy. Thank you for making this, Mr Dalio.
I thought this was sarcasm.
It's always great when a billionaire talks about how you need to see the economy.
Shared knowledge gives everybody a small advantage. :D
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again
@@joesphcu8975 who is your financial coach, do you mind hooking me up?
@@lawerencemiller9720 The coach I use is actually quite known, Eileen Ruth Sparks, she has a wide presence on the web, so you can just search her.
She really seem to know her stuff. I found her online-page, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her.
What I found incredible about this video was:
1. It summarized complex economic principles so effortlessly
2. There is a key take away section at the end, that's incredibly amazing.
If you have the attention span of 30 min and watch this video till the end, I bet your 30 mins will be worth it for life.
I'm studying economics at GCSEs and despite already studying a fair proportion of what was covered I found this incredibly useful and informative through its simplistic yet driving narrative would thoroughly recommend
yeah, exactly - thats what I thought. Even though, everything he is saying is basically the simpliest truth for me as a Senior economics student, the way he puts it opens your eyes a lot. Would love to see more videos like this one.
RDLC The problem South Africa has is that the government sold bonds to raise money to do spending for development but then they funnelled all the money into corrupt businesses and people's pockets so the normal people suffered and have to pay off all this debt.
Too fast, so the project lagged, then need more financing with a probability of higher interest or the project eventually stop then fail to boost productivity as a whole.
Interesting how you say you knew most of this. Most economics courses would not just talk about the role of credit in the business cycle as Dalio does here. Conventionally, there are many other forces that can contribute to business cycles -- not just credit.
what other factors would you say are typically a major influence on the cycle?
It's amazing how everyone in the comments section is smarter than one of the greatest financial minds alive.
+Millennial Thoughts So true.......
+Millennial Thoughts great words !
+Millennial Thoughts Being smart is not the problem... sometimes it's just necessary to see a bigger picture and this is something experts tend to have a problem with. For instance, in all this description of our economy and how it works and how it should work, there is the assumption that the productivity is growing. While this is something certainly desirable, it's also something completely impossible in a limited system as is our planet.
Gabriel Ionescu
+Millennial Thoughts The only problem here is every piece of currency that has been created has been borrow so all the currency in our global economy is debt.
This should run on continuous loop in high school and college. The country needs more of this of practical financial education.
Agreed
It's too late. Nice thought. Too late. See, "Stump v Sparkman". That was the beginning of the equity theft of, Americans post bring taken off the gold standard. They used human mutilation as the high bar so you got the message, "We will rob you free from any liability". Who is "we"? The, U S. Lawyer cartel.
@@MJ-it8ru good g
I mm
you know this is something we learn in finance in college right?
It doesn't have all the details, but it's a good introduction...
Curious about top investors' millionaire-making strategies, I'm eager to grow my $295,000 nest egg. Investing in stocks could provide attractive returns through capital appreciation and dividend yields. But timing is crucial - should I invest now or wait for improved market conditions?
You're correct. I think the smartest way to go is to spread out your investments. By putting your money into different asset classes like bonds, real estate, and stocks from other countries, you can lower the risk if one part of the market goes bad.
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
You seem to know the market better than we do, so that makes great sense. Who is the guide?
'Laurelyn Gross Pohlmeier' a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
It's a blessing to have the founder of the world's largest hedge fund dedicate so much of his time trying to educate and help people. Ray Dalio has been, and will always be a model and a source of inspiration for me throughout my life.
@Jesus has given you all. Repent or die. Jesus also flipped the money changers table over . . . . . usury is a crime far as I'm concerned .
@Jesus has given you all. Repent or die.
Jesus is a mushroom . 🍄
No. This video is very bad because it doesn't include the most crucial part - that is printing money for governemnt's spending. It shows that central bank prints money for people and businesses that in the end create value. But governemnt doesn't create value - it only spends. Money printed for government = theft of everyone's money.
Simple example: Imagine there are no taxes at all. Goverment doesn't get money to spend. What they do? They print money (through central bank). What happens? They have money to spend -> Your money is less valuable and they caused inflation.
This video doesn't explain this CRUCIAL part of "economy" (economy of theft) and how it influences everyone's life. I call manipulation. It shows only ONE variable in the sea of much more important ones.
@@ilove2learn783 Thanks for your comment. Any more advanced economy theories you could point me to?
@@ilove2learn783 you didn't expect the worlds largest hedgefund manager to tell you this nugget did u?
When your parents are foreign or uneducated and school doesn’t educate you, youtube is always the #1 source.
Agreed
20 years ago, when ordinary TV was still a thing, a teacher told us in class: "TV makes smart people smarter and dumb people dumber". Nowadays this applies to UA-cam.
we are late but better late than ever
@@Dornavver you say so?
Well making you smarter maybe but doesnt guarantee you will get better job or a raise?
Be careful to understand how central banks work to influence monetary policy. They are not as fixed as you might think
This is brilliant. You know you are a genius when you can make abstract concepts as simple as can be.
You know you are not when you think others are geniuses because they can explain "abstract" concepts
Except that this is all wrong in it’s basics, look up Austrian school of economics to understand
Hamar Thomas you’re dealing with fiat money though, so Austrian Economics is useless. Keynesian provides faster growth, efficient supply of credit and rising incomes in less than a generation when done right.
Andrew Thorpe Your statement makes no sense, austrian economics is not an option that you can choose between the two. There’s economy, there is human action, and there’s a way to analyze it, and it turns out that the correct way is the austrian’s way. There is no Keynesianism “done right”, it is always going to result in crisis, differing only in time depending on width of each region’s economies. Other than that, it is wrong from the ethics involved, so utilitarianism shouldn’t even be taken in account anyway.
@@hamarthomas48 What do you see as incorrect in the video? Not an expert in Austrian school but the idea of a central bank playing this kind of role as dangerous and counterproductive is shared.
Because of the US economy's importance to the global economy, its instability has far-reaching implications. In such circumstances, safe-haven assets such as those with high FA and cryptocurrencies provide security. Investors must prioritize asset protection, diversification, and balanced portfolios in order to weather market volatility.
During a recession, investors must understand where and how to distribute capital in order to hedge against downturns while being profitable. If you are unable to navigate the market, speak with an expert advisor.
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
That makes perfect sense; you seem to have a better understanding of the market than we do. The coach is who?
'Laurelyn Gross Pohlmeier' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon. Thanks
Pro tip:- watch this video 10 times probably every week You'll get more in your head
Please don't. This is a bored rich guy's pet project. He's not an economist, a professor, or in any way qualified to teach economics. Don't let pretty graphics seduce you, this is not how the economy works.
@@shiny_x3 how dose it work or where can i find out
I was thinking of watching it again later lol
shiny x You're right. He's only the head of the biggest and most successful hedge fund in the world, I'm almost certain he has a valid point when it comes to how the economy works.
pro tip- watch it at 2x speed
Video Summary: Part 1
Economy works in a simple mechanical way. It is made of simple parts and simple transactions that are repeated over and over. Transactions are created by human nature. These transactions create three main forces that drive the economy.
1. Productivity growth
2. Short term debt cycle
3. Long term debt cycle.
Let us start with simplest part of economy. Transaction. Economy is sum of transactions that make it up. Every time you buy something you create a transaction.
Each transaction consists of buyer exchanging money or credit with a seller for goods, services or financial assets. Credit spends just like money. Total spending = Credit+ Money. Total spending is what drives the economy. If you drive amount spent/quantity sold you get the price. This equation is called transaction. If you understand a transaction you understand the economy. Market consists of all buyers and sellers making transactions for the same thing. Eg Wheat/corn/stock market. An economy consists of all transactions in all the markets. If you add total spending and total quantity sold of all all market you call it economy. People, businesses banks and governments all engage in transactions: exchanging money nd credits for goods service and financial assets.
Biggest buyer and seller is Government. It consists of two parts :
1. A central govt that collects taxes and spends money
2. A central bank which is different from other buyers and sellers, because it controls amount of money and credit in economy. It does by influencing interest rates and printing new money. Central bank is important player in flow of CREDIT.
CREDIT is most important part and least understood part for economy. It most important because it is biggest and most volatile part. just like buyers and sellers go to market go to market to make transactions. So do lenders and borrowers. Lenders lend money to make more money. Borrowers usually borrow to buy something they cannot afford (House or car) or to invest (start a business). CREDIT can help both lenders and borrowers get what they want.
Borrowers promise to repay amount they borrowed (Principle) plus additional amount called interest. When interest rates are low, borrowing is more as borrowing is cheaper (and vice versa).
When borrowers promise to repay and lenders believe them, CREDIT is created. So credit is created out of thin air. As soon as credit is created it IMMEDIATELY turns into debt.
Debt is an asset to a lender and liability is to the borrower. In the future when borrower repays the loan plus interest, the asset and liability disappear and transaction is settled.
When borrower borrows they can increase their spending. Spending drives the economy. One persons spending is another persons income.
Every dollar you spend, someone else earns more. When someone's income rises it makes lender more willing to lend them money, because now he is more worthy of credit. Credit worthy borrowers have 2 qualities.
1. Ability to repay: Because having a lot of income.
2. Having a lot of collaterals: In event he cannot repay, he has valuable assets that can be sold.
Increased income allows increased borrowing and increased spending. More you borrow, more you spend, more the transactions in the market the bigger the economy.
This self reinforcing patterns leads to economic growth and is why we have CYCLES.
In a transaction you have to give something to get something. How much you get depends on how much you produce.
Over time we learn, and that accumulated knowledge raises our living standards called productivity growth.
Those who are inventive and hard working raise productivity and living standards faster than who are complacent and lazy.
BUT productivity matters in LONG RUN and credit matters most in short run. This is because the productivity growth does not fluctuate much, so not a big driver of economic swings.
Debt is: Allows us to consume more than we produce when we acquire it and forces us to consume less than we produce it when we have to pay it back.
Debt swings occurs in two big cycles.
Short term debt cycles: 5-8 years.
Long term debt cycles: 75-100 years.
While most people Feel the swings they don't SEE the cycles as they see them to up close and personal: Day by day, week by week (Miss the forest for the tree?
Swings around the line are not due to how much innovation/hard work there is . It is primarily due to how much credit there is.
In an economy credit with only way to increase spending is to increase income by being more productive (Do more work). That is increased productivity is the only way for growth.
Since my spending is other persons income, economy grows only when all participants are more productive.
But because we borrow we have cycles. This is due to human nature and way the credit works. In order to buy something you cannot afford, you need to spend more than you make.
To do this you need to borrow from your future self. Any time you borrow you create a cycle. Credit sets into a motion a mechanical predictable series of events that will unfold in future. Money is what you settle transactions, eg Buy beer from a bartender with cash.
If you buy the same beer using credit you have created an asset and a liability that is you created credit out of thin air.
It is not until you pay the bartender later the asset liability disappear, debt goes away and transaction is settled.
Problem is that what people called money is actually credit.
Credit is US is 50 T USD. Money is ONLY 3 T dollars.
Only way to spend more is produce more.
In economy with credit you can increase spending by borrowing.
More spending, income rises faster than productivity over short term but not over long run.
wow broe you made a great summery!!
Thanks very much for the text I find it extremely helpful for retaining the information
Thanks bro
Thanks man, you're a godsend🙌
Central bank print fiat currency. The lender that's owe nobody. The borrower which is the government lend it to the bank . Well the central bank can delete the government debt and every person in debt. 😂😂😂 Coz central bank
Doesn't owe anybody . They just print currency.
My Logic.
Hands down this is the best financial animated video on UA-cam. A great, simple, yet complete explanation of how the market works.
what are really the best strategies to make our portfolio recession proof. I'm considering investing over $200k in stocks. However, I'm uncertain about best strategies to use.
Knowledgeable Investors know where and how to put money in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage market conditions.
Accurate asset allocation is crucial, I used hedging strategies to allocate part of my portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.
Accurate asset allocation is crucial, I used hedging strategies to allocate part of my portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.
Partnering with a financial advisor has transformed my approach to investing. Their expertise and personalized guidance have not only helped me navigate complex financial markets but also optimized my portfolio to achieve my long-term goals efficiently.
pls how can I reach this expert, I need someone to help me manage my portfolio
This should be mandatory knowledge in high school
@Glid According to what the video explains, in the long run, you're correct. But looking at the economy and its debt cycles show how people can spend more more money (on credit) than they actually have, which creates cycles. The long-term rate of growth in the economy does track with the long-term rate of productivity growth of its population (which is the citizens "creating stuff")
But, the video explains more than this, it shows three facets of the economy: productivity growth, as well as the short-term debt cycle and the long-term debt cycle. These cycles show that when the rate of spending on credit (creating more credit from thin air) rises faster than incomes increase, the debt burden grows larger since people are over consuming and buying more than they can afford. When this credit bubble is too large, it pops. To decrease the debt burden, debts are restructured or forgiven and more money is printed which causes inflation.
Credit is borrowing, and borrowing creates cycles. Because of these cycles, while long-term GDP growth does generally track with productivity growth, there are also cycles in the economy that show how spending on credit does "drive the economy".
I'm with you!
In the Netherlands we learn this in High School
@Glid The word demand is more appropriate here than spending. There must be demand for more commodities to be produced and that drives the economy. Makes sense now?
@Glid Without spending, you can't make the cycle continues.
If people don't want to spend more, then the money is stuck on that part.
No matter how much you produce, if people can't buy your products because they don't have money, then that product would basically be a loss to you.
So, he's right that spending drives the economy, but we must not forget productivity is the real value creator at the same time.
This explanation is simply incredible
Tô bad something different is happening now. He needs to make a new video if he even understands what’s going on
@@bathhatingcat8626 he literally released an incredible video 2 weeks ago, where have you been?
@@BrianYYH njy
Agreed, it's incredible because it's simple.
@@BrianYYH yeah and as of yet that video still doesn't explain the complex nature of the FIAT MONEY SCAM ffs .
This should be taught in every school across our nation
Correction : Across every nation
@fynes leigh what is your point?? You mean this should not be taught in schools?
@fynes leigh here in india it is taught in grade 11 and 12.
@fynes leigh moreover who is talking about advanced economics. Just the basic,essential ,practical stuff
They wouldn't do this because it holds to much knowledge that frees people of ignorance.
I thought I knew Economics after finishing some undergrad level econ courses but then came across this masterpiece. His fundamentals about the economy and what key variables to focus are very important. Its probably the best intro to economics ever
The Bottom Line / The Summary
1. Don't have debt rise faster than income - your debt burdens will eventually crush you.
2. Don't have income rise faster than productivity - you will eventually become uncompetitive.
3. Do all that you can to raise productivity because that's what matters most.
+Cheri Watts (Dr. Cheri) But the question is: How do you increase our individual productivity while maintaining a healthy work/life balance?
MyLifeForAuir87 Improve your time management skills. You get 86,400 pieces of gold (aka seconds of time) distributed to you every day just like Oprah, Mark Zuckerberg and Kelly Ripa. Use them very wisely.
Cheri Watts yes but at the risk of sounding stupid, How? what do you actually do to use them wisely?
Cheri Watts thats pretty good advice. Thakns. I'll try and remember to follow you up on your offer. God bless you too
+Cheri Watts (Dr. Cheri) Tony Robbins/Stefan Pylarinos/Brian Tracy??
If every person participating in the economy could watch this and really understand their part in this complex machine, the world would be a beautiful place indeed!
honestly i wish that that policy makers had to have a strict education and are not allowed to let their own thoughts interfer with the policies these would make things less messy and more orderly
Economy is not everything
@@mave2789 yes but its a big part of people's lives
@@IndustrialParrot2816 undoubtly, I just mention I because some economists seems to forget the important roles government could have in the economy, not this liberal version talked in this video
It doesn’t matter. All it takes is for one bad apple aka a greedy person that’s sees an opportunity to make a quick buck doing shady unethical business to ruin the whole system. Bernie Madoff is a prime example.
"Give a man a gun, and he can rob a bank. Give a man a bank, and he can rob the world." --George Carlin
The Great Depression was entirely caused by a weak banking system, so no.
@@sadsocks4036 The Banking System of The World is actually a bad way
"There is no Oogway"
- Master Mistake
@@sadsocks4036 The Great Depression was exacerbated by the Government and would have ended in less than 1-2 years if they hadn't "help". Like every government program, they wreaked havoc on the economy. This has been documented and confirmed by many Economists like Walter Williams and Thomas Sowell.
@@jm2574 Also how do government programs “wreak havoc” in economy.Capitalism cant function without the state,it isn’t a magical force of “free exchange”.It isn’t a coincidence that capitalism arose after the General Crisis(state centralization in late feudalism)and the birth of the Nation State(central government republics without nobility estates).For example in regions of low central authority like Somalia you have something more akin to feudalism with warlords running the show,or warlord era China as another example.Governments are a necessary component of capitalism,you can’t sell T Shirts if there is no law and order,you can’t have roads to ship your products if their isn’t governments financing them,you can’t trade so easily if there isn’t an educated population educated by public school which promotes a common language.You need a central currency to have a good stable market,etc.In the same way effective policies in terms of economy necessarily requiere good public policies,also the working population needs to have a say in the way things are run instead of letting corporations exploit them to hell.If someone tells you to depoliticize economics,be careful they have an agenda to remove you from actually having a say in the way the economy operates.Leaving you behind and letting those who made economic power stay in it and keep it.But if one actually looks at all the most successful capitalist economies all have had a strong public role in it.Today Norway ranks highest in HDI(that is standard of living).They have a fully state owned oil and natural gas sector,mostly state owned electric grid,strong central bank,promote cooperatives,have high public spending on education,welfare and other things.Japan from 1945-1980 had window guidance meaning the government pretty much planned the economy for private conglomerates and because of a strong union movement workers got good pensions and welfare and Japan was fastest growing economy from 1950-1970.Japan also pioneered its famous railways during 1950-1980 when they were nationalized.Talking about railways ,China also has 100% state owned railways as did Japan until 1980 and they have everyone beat in that game having more high speed rail than the rest of the world combined,40% of their GDP is from state sector way higher than US were that number is just 10%.State also owns all the land,all the oil,banks,etc.And window guidance is practiced as was done in Japan and well it’s the fastest growing economy in the last couple of decades.Yeah sorry,I much rather have that than Haiti were there is no state sector,no welfare programs,no taxes on wealthy and were my country has no tarrifs or anyway to protect itself from getting humped by foreign corporations.
m.ua-cam.com/video/b_l3eLhYbVo/v-deo.html
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As a newbie, what do I need to do? How can I invest, on which platform? If you know, please share. I'm new to this, please how can I contact her?
Use her name to quickly conduct an internet search.
Who's watching in 2020, the deleveraging is happening now.
And it ain't gonna be a beautiful one ;)
@@permadoc it's gonna be crazy to see how this all plays out
Im Davis - Personal Finance, Career, & Wealth Tips well the market did correct from the feb crash. do you guys think there’d be another discount coming our way ?
will this still work during covid????
@@AbstractRBX Will what still work?
eyyy quarantine got me getting smart out here
You were always smart, now you have time on your hands to realize your greatness.
Ayyy props man
💪🏿
Transactions and spending id the key... that is why they pump up the virus situation to get the peoples fear and make the stay home.... method to reduce spending
well we are the ones whos going to rock it, since the majority rather spend it on tik tok, social media bulshitting etc etc...
Spending years on learning economics, but still, gaining more on this video than ever. Just wow. Hats off!
People try to predict the economy not realizing it is not a capitalistic market, its a command economy, central planning! my concern is, instead of having much dollar in bank that could lose value to inflation, do I save in gold to reserve and grow wealth for now, or just hang on?
truth is that gold serves as an inflation hedge in the long run, but not profitable in the short run. only thing you can predict is a strong effort of wealth transfer from the people to the powerful. luckily some folks find solution in financial advisors
Sure, investing is plain-sailing with the aid of an invt-specialist, thus I've always delegated my excesses ever since the rona-outbreak in January 2020 using a shrewd advisor, and my investments have compounded by at least 300%, summing up $820k ROI as of today.
this is incredible! how can I vet your advisor if you please? definitely would love to make money from the market too, but a complete newb..
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
This video is a true masterpiece, along with Mike Maloney's Hidden Secrets Of Money. I've tried sharing this with people who could really benefit from understanding, but none of them bothered to watch. In the end, I came to the conclusion that when a person is ready to learn they will search on their own. Even when people ask for advice they rarely follow it. Their journey usually begins alone after making the decision in that silence. My only concern is that as time goes by this information will become increasingly difficult to find.
If we were friends in real life I am damn sure we will become the bestest friends the second when i shared them with you😊
Very wise and true words
hey,what do you mean by information will become difficult to find? Im just curious
How has this taught me more in 30min than what school has for 10 years... thank u man great video!!
Didn’t your father warren buffet teach you this? Lol
*@colin bickford 🤣😂☺😊*
@@colinbickford3470 lol he is a bum father, left me somewhere and is pretending he doesn’t know me.. now I got to make my own money to go slap him one day
This taught you exactly what can be taught in 30 min.. you haven’t had education of economics in high school, note that. You supposed to be a great taxpayer, not an asset holder and wealth maintainer.
In a Nutshell: credit should only be used for productive means (and maybe buy your house), never for consuming.
Carlos Magno not necessarily, because spending credit on unproductive things (like the tv example) still puts more money into the pocket of the person selling it.
@dan Mac yes but that is from a seller standpoint. When you're selling a product, do you really care about how someone comes up with the money to pay for it?
The seller is in the right, but the buyer has used his credit for the wrong purpose.
@@danmac9098 my father taught me a valuable lesson: never, EVER, get yourself a loan. He was a bus driver and never had used credit.
When I got myself a mortgage, I was so distressed with being so incredibly indebted that I managed to pay it alone in 5 or 6 years, living WELL below my earnings.
@@Carlos-ux7gv man, you are so right. The only one thing that is not mentioned in this video, that social inequality makes a lot people outside the economy, so they have to go in debt to buy even simple (required) things. Employers are not interested to pay you at all. All problems can be easily solved with couple of steps (not all of them are simple), but the biggest problem that governors are not interested in people, they are just ordinary people who are interested in making money, but on a different level, basically out of the air.
If you can get more value from consumption than a loan + accumulated interest then by all means take that loan. Problem is that people tend to underestimate the second part
We desperately need more teachers like this in our education system."I must commend the outstanding graphics in this video! The visuals are incredibly well-crafted, adding a visually captivating dimension to the content. Great job!"
This is really..nice.. everyone has to understand economics.wheather doctor, civil engineer...we all need it..so simple with big content
Simply put, food is life and life is food. Let's get cooking.
10:02 - "Rembemer, in the economy without credit, the only way to increase your spending is to produce more." - Seems fair enough to me, there is no such thing as free lunch, you want something, go and produce it.
Money should be backed by real productivity, earned by real productivity - this is good money. When the money is created out of thin air, the creator of money is cheating everyone's productivity by inflation. Do not get me wrong, it is okay for credit to exist, to borrow money. But money should be lent by someone who earned it by being productive, not by creating it out of thin air. So in the end lender is shifting his purchasing power (or his result of being productive) onto the borrower, but in the entire economy the purchasing power stays the same, because no money was created and the credit was created out of existing money, not from money created out of thin air.
This is what you need remember:
good money = earned by productivity or borrowing it from someone who earned it by being productive;
bad money = created out of thin air not backed by real productivity and putting a burden of inflation on everybody (without their consent) who is already productive;
good debt = backed by good money;
bad debt = backed by bad money;
So in the end, in this fraudulent system of privately owned bank called with public name of Federal Reserve Banking creating money out of thin air, it is not about being productive, it is about knowing, which assets will be inflated (increasing in price) after their money creation process. Yeah, and we are here not even talking about fractional reserve banking by commercial banks, which is creating even more money out of thin air.
That is why you have always this unnecessary cycles of recessions - bad money.
This is what Ray Dalio forgot to tell you all. You are welcome.
whether*
ECONOMICS 🤔
1:13 *Transactions*
2:17 *A Market*
3:31 *Credit* _The most volatile
5:04 Credit Spending --> Income for someone else
Need: Creditworthy Borrowers
6:21 *Productivity Growth*
8:21 When we borrow, we are placing the cost onto our future self, (because you need the money now)
9:41 50 Trillion in Credit
Credit: (+) in the short run, (-) in the long run (because some people don't pay back what they borrow, businesses go bankrupt, negative things happen to sink your ship)
Put credit towards something that allows you to increase your bottom line, net income.
11:50 The Short Term Debt Cycle
Boom, Peak, Trough, Depression
14:30 Debts go higher than incomes, lenders lend more by what happens lately (rising incomes)
Bubble BUBBLE!
16:15 The Long Term Debt Cycle
De-Leveraging, Downward Spiral, LESS of EVERYTHING
18:09 Try Lowering Interest Rates?
19:10 We have to handle this accumulated debt De-Leveraging
20:00 1. Cut Spending - Austerity
20:30 2. Default, Assets Lost, Refinance 21:14 Remember the bar tab?
22:00 Deficits
3. Redistribution 23:00 The Rich!
4. Print more money (Inflationary and Stimulative) 24:20 _Money Printer Go Brrrr_
25:00 The Central Bank & The Government
26:20 Handling The Deleveraging to make it Beautiful
+ Find the Right Balance + Maintain Social Security
29:39 Putting The Graphs Together
You are the best!
Where is the Us economy now and what do you expect to be in next 2 -3 years?What about 10 years?
Man, I can't grasp it all in one time, I need to watch this video again.
3rd time here
I'm on my sixth time. Just when I think I've got it, I go back and watch again.
look up some of the stuff on Investopedia in between
We should make a religion out of this and coerce people into the finance church each week.
@@abasis.baruti9819 You're doing better than most. You don't fool yourself and just admit it takes you longer to understand.
Tired of the "recession is coming!" threat. Recessive periods come along with equivalent market opportunities if you are well informed and equipped, I've seen folks amass wealth in the midst of economic turmoil and even pull it off easily in favorable conditions. Invariably, the collapse is getting somebody somewhere rich
There are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
A lot of folks downplay the role of advisors until being burned by their own emotions. Early last year after my lengthy divorce I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Impressive gains! how can I get your advisor please, if you don’t mind me asking? I could really use a help as of now
“Sonya Lee Mitchell” maintains an online presence that can be easily found through a simple search of her name on the internet.
Thank you for the recommendation. I'll send her an email, and I hope I'm able to reach her.
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
’Monica Shawn Marti’. is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green and my retirement is edging closer by the day.
As with an my big financial decision ,it’s important to keep your guard’s up for economic risks. However,smart planning,time management and seeking advise from a financial adviser can help keep you and your money safe and also help plan your retirement.
@@Alejandracamacho357 I'm in my late 50s and I'm more interested in investments that could set me up for retirement in my 60s, my goal is atleast $2million, i want to buy a big enough for i and my grandkids, I also have a dog
@@Alejandracamacho357 Right now the markets are going berserk right now. This is the best time to watch them, get to know them better, and strike when the opportunity presents itself. I learned that from my mentor, ’Susan Agnes Hancock’ she's seen dozens of market cycles over the past few decades, and she has a feel for how they move, why they move, and what comes next.
@@LuisVargas-ih5vm Fantastic! can u share more details?
@@billybrannon6394 She’s a hlghIy-sought out advlser, so I’m not certain she’s acceptlng new intakes, but you can give it a shot. It wouldn’t be proper to just Ieave her number Iying around, but she has a webpage you can look at if you googIe her name.