It has never been simpler to grasp how to expand your wealth than it is right now, thanks to the availability of competent portfolio advisors that can help you experience and learn about a market with a wide range of assets. I think it's impossible to predict how changing dollar values will affect assets.

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.

Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.

Her name is “Annette Christine Conte” can't divulge much. Most likely, the internet should have her basic info, you can research if you like

Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info

Very possible! Particularly in this weak market. There are several opportunities to generate excellent returns, but such intricate transactions can only be carried out by seasoned market professionals.

I totally agree, it's been three years and counting, and I've made over 1.7 million by simply following a coach's advice. I was on the sidelines for a while watching, trying to determine the best time to get in, before I came across a coach, recommended by my wife. I was reluctant at first but I went ahead and contacted the coach. As a small reward for my consistency, I went on a trip to the Bahamas in the late summer.

Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.

Vivian Jean Wilhelm 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.

Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

Inflation can have a significant impact on individuals and their cost of living. As a result, it can cause negative market sentiment. It is important for individuals and businesses to find ways to navigate and potentially mitigate the effects of inflation on their finances. The current economic climate, including underperformance of financial markets due to fear of inflation, has led to a decrease in the value of my portfolio. I would appreciate any recommendations on how to potentially increase returns during this market downturn.

Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over $150k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.

Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up $450k within 2 years, whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.

@@hasede-lg9hj this is huge! would you mind revealing info of your advisor here please? in dire need of portfolio rebalancing

this is huge! would you mind revealing info of your advisor here please? in dire need of portfolio rebalancing

It's a hammer

The Fed is a HUGELY overblown and over-glorified bank clearing house. There has not been a reserve requirement for several years now, so it has even less tools than it historically had. Basically the only lever it still has is setting the interest rate on bank reserves held on account at the Fed.

2 tools - interest rates & balance sheet management (which they've only passively targeted). But, yeah, not a lot to work with.

Lol

@@Meton2526 Quantitative Easing is a dangerous tool they have overused in the past and caused massive inflation.

That’s one way to call a CIA asset for sure

RIP Anthony Bourdain… but thank god we have Peter Zeihan! 😂

😂

I miss the hats

Mine is Dementia Joey goes to the Ice Cream Shop.

Peter is dropped off by chopper in reality

Peter should stop hiking in the mountains -- lack of oxygen is making him both demented and delusional.

@@richardlellip.e.m.b.a.7969 lol

10% or more for longer (a decade) sounds more accurate. Yeah they were lying to us.

Came from politicians so if course they were lying. And the $$$$$ the USA government isn't helping. Perhaps Mr population is getting older wouldn't mind discussing this?

@@mann8098 Hey, a decade is temporary...

@@RTBird2 No, it didn't come from politicians, it came from bureaucrats.

@user-uz8nu2lp9x- Yes, I remember, but it doesn't matter anyway, they will just change the definition of "transitory", just like they did with "recession".

One may think it's an outdoors channel 😂

He has a snail chasing after him

He's a hikoholic.

It helps him think more clearly so part of his job really.

At this point, I think he's one with the trails.

My deepest heartfelt sympathy for your loss. I lost a "grown adult" child in 2013, and I still haven't gotten over it. Keep trying though, it IS worth the struggle, WC.

Note all the corporations buying up property. You ain't see nuthin' yet.

Why you want a kid for? So it can take care of you when you're old?

I am going to say something that most people do not like. Just go and try for a baby. Do not think about economics just do it. Nobody can predict the future.

@@Art-is-craft hahahahah stupid as hell

Exactly. But doing that he'd have to criticize the Biden admin and his boss.

It's been discussed, quite a lot actually

LOL You are funny BronzeM

"Hey everyone, Peter Zeihan here, coming to you from the irradiated wastes of New Columbia. This one's gonna be quick cause there's a hoard of zombies after me, whew! The latest news is that the armed biker gangs have taken hold of a couple of power plants in the California Republic. Here's how this will affect our manufacturing base..."

I was able to help a family of Bigfoot to find the lake they were looking for, where fish were plentiful. The US now has trade relations with the Chakahotee tribe of Bigfoot. However the birth rate among Bigfoot is shockingly low and their demographic outlook is rather grim.

🤣🤣

​@@protorhinocerator142😂😂😂😂😂. And their population is aging.... surprise!

I want to learn more about the fed. Where do you recommend I look?

​@maxbooth179 look up Ron Paul, Hayek and von mises regarding the federal reserve.

Right. Prime rate is the rate banks set for each other.

@@maxbooth179 Go to their website, they have some educational materials, as do each of the Federal Reserve banks. They will reference other material/books/etc, and you can branch out your knowledge from there. Also, look at the course requirements for a university finance or economics degree, and read those textbooks.

Prime Rate is directly derived from the FFR (usually FFR + 3 percentage points), so in practice, the fed indirectly sets the Prime Rate.

Disgustingly ignorant and apologetic for the stealing of inflation.

@@TJ-Stackin begs the question why you watch

One should take everything any public figure says with a grain of salt. Zeihan at least has a consistent model of the world he riffs on.

A shaker full of salt. I'm going to start hiding his videos. He should stick with his oil supply chain content. Saying that everything occurs due to demographic trends is way too narrow minded.

I take it with a whole peppercorn.

consider financial planning.

@@Jtreeco It really isn’t about how much you save, it’s about how you manage your money. Whether you work to earn income or invest, it still boils down to income vs expenses, so yeah you may look into financial advisors for a strategy that suits your timing.

@@AlbrechtKoch-n9e I totally agree, I'm 56 and newly retired with about 1.2 million outside retirement funds, no debt, and very small dollars in retirement funds compared to my portfolio balance over the past 3 years till date. tbh, the role of the invt-advisor can only be overlooked, not denied. just have to do your research in finding a reputable one.

@@ChunLiu-e4l That's fascinating. How can I contact a planner and vet them? as I am in fix and contemplating my options, consulting with a pro has been on my mind.

Not just nothing but negative savings.

100%. People would have more kids if they could afford it. My wife and I bought a house about the same size as my parents and it cost 3x as much. My parents had 3 kids, hers had 4, we're looking at 1 or 2. And I'm dreading the child care costs. Meanwhile I'm watching people in my area hoping for Trump. They don't care about outcomes or understand policy, they just know it's an existential fight and somehow they got convinced Team Red is the best option.

He has stated this exact reason repeatedly and it's a reality in every industrialized society. Kids go from being free farm labor to big costs taking up space in your little apartment (purely economically speaking). That said, there are also many cultural reasons that we shouldn't overlook. People today prefer to enjoy their 20s childfree, which means simply a shorter window to have kids in your 30s. Also, the feminist movement has allowed many women to prioritize their careers and personal liberty over childcare as their primary role. There are lots of reasons for declining birthrates and it's happening in every urbanized society in the world, even the developing world.

my wife and I just did our student loan to first job from college ratio from ~40yrs ago and it was the same as it is now for current grads (granted we went to a state school as a resident, I lived in a small cowtown in the SW). I remember going to southern California at the time and thinking "300K for a 2/1 condo on the coast highway, who can afford that, thats ridiculous!" so we both moved to a up and coming town Seattle and made our way. I guess how ppl started going to Austin 10+ years ago. there is always opportunity. We only had one child, because of costs... and I deeply regret that. Shits always been super expensive, dunno, jmtc, your views likely different.

No offense ​@@ehlava7331it ain't the same. Housing is at a level never seen before. Inflation stopped using housing as a metric in 1983. We're in a depression and being lied to by this administration.

Don’t be fooled by the “American dream” that buying a house is the only way. It’s ok to rent as long as you are living below your means and investing. Most Americans don’t have the discipline to save, that’s why they need a house, forced savings. Just be smart and live below your means.

Your ancestors had kids under FAR worse conditions. In fact, besides maybe the 90's, this is the best time to have kids, perhaps in human history. Energy and food abundance. Relative peace. Economic outlook? Eh- could be a lot better but could be worse.

@chriswhite3692 Good for them, but my desire to not have children has already led me to have a vasectomy. Children are great, and people who want to have children are also great. I've personally decided that's not for me.

@@XenoDrake Well, don't feel to bad then when you're 70+ and there's not enough young working adults to caregive for you. Having kids is a societal obligation; if you don't do your part then don't expect the beneifts from it.

@@chrisjackson1215 I Don't even know what to say to that. I made the choice to not have children because the society I live in has made it too expensive for me to. And now you think I am obliged to care about a society that doesn't care about me? I am reminded of The Count of Monte Cristo, when the count is having breakfast with Morcerf, Chapter 40... "Perhaps what I am about to say may seem strange to you, who are socialists, and vaunt humanity and your duty to your neighbor, but I never seek to protect a society which does not protect me, and which I will even say, generally occupies itself about me only to injure me; and thus by giving them a low place in my esteem, and preserving a neutrality towards them, it is society and my neighbor who are indebted to me.”

Study how hispanics do it. They have 0.3 more kids on average than you do ...

He's not saying these things on accident. He's being very deliberate on explaining he views of the bureaucracy. He is saying, in effect, "we want you to have less kids on purpose".

There are countries were they are paid to have kids and it is affordable and still the birth rate is low it is more than just the cost of kids. Historically rich educated countries have less kids.

Hail King Trump! /s

Are you sure he said feudal? I thought it was 'futile'... 🤔

Shut up and consume. Gdp go up, life good

You heard Peter, it's not a big deal :)

Love to see old Pete spew the Life is Good speech to the Walmart shoppers in Iowa on a Saturday morning. 😂😂😂😂 Nothing left but his "man bun".

​@@JJthename55it's almost like the economy and individual family economic situations aren't the same!

Peter only speaks to the 30% that doesn't live paycheck to paycheck. It's that elitism he is privy to.

This is clearly a clown show. He is being told what to say buy clowns living in a bubble that is popping. U.S. tax dollars wasted on paying a man-child to hick and play smart. Problem, He is always wrong and is telling everyone "Left good" as the burn the U.S. down.

I agree just reached my goal of $500k monthly trade earnings. Setting realistic goals is an essential part of trading

Absolutely! Most undervalue advisors, but their expertise and risk mitigation strategies are invaluable for savvy investors. For those with busy schedules, monitoring the market is challenging, so we delegate to experts. I'm currently working with one, and my portfolio has grown to $1.3M, a 25% increase from last year, with robust diversification and inflation hedging.

fascinating! I am new to this whole thing. I've heard that now is a wonderful time to buy, and basically, I have some cash hanging around in the bank that I would really like to spend, especially since inflation is at an all-time high. Who is this coach that helps you, and may I check them up?

One of the fiduciaries I deal with is Melissa Elise Robinson. Just check the name. There would be a letter with the necessary information to set up an appointment.

I'm grateful for this advice. Finding your coach wasn't too hard. I researched her well before arranging to speak with her on the phone. Considering her resume, she appears competent.

Funniest one so far

Clever

Tell your wife to quit her job, Have 5 more kids. Live somewhere cheap (the world is a big place). Live for your kids not yourself. Praise God.

@@halidogmanthehero917 🤣🤣🤣 so forget my dreams my goals or her goals and just PUMP out kids. Got it. Thanks.

@@Michael-bh9ss Not telling you what to do at all, but as someone who has two teenage kids and a successful career, I'd trade career success for having had more kids. Kids yield more life satisfaction than anything. That's my personal experience.

⁠@@Michael-bh9ss Dreams? Having children should be the dream. Having a fancy car, tv set or larger home is not going to compare to having children. Too many people today are focused on the here and now and dreams.

@@Art-is-craft you know nothing about me and telling me to take on another soul where I can barely support the the family I have. Idk if you guys are trolling me or just ignorant. Also no one under 50 says TV set so I know you and I are a lifetime apart on life experiences.

I used to feel the same way. Go back and watch the progression of his presentations. You'll see he's mostly only accurate in the obvious to near-obvious range. In fact, his biases cause him to miss many obvious conclusions.

@@tomluft863his biases towards?

Baxman must be a contemporary! I do remember my first 15 year mortgage at exactly (12.5%) was a killer, however, I was at the time, a very high net, salaried earner thus, it just "came off the top!" Nonetheless, that was approx. 37 years ago when a relatively modest single family in a really good neighborhood in NYC, with a great school district cost around $175K. IF I recall correctly, I actually paid it off earlier w/o penalty.

Thanks. I was looking for this comment before making it myself. And, yes, I also trust Mr Zeihan more than all but a few commentators.

Why not have businesses of a certain size justify their price hikes in a similar way as they havrvto report their revenue, balance sheet and cash flow?

@@GoodAtheistAlway Too many variables. Besides that violates the conservative tenet that government should not influence business either way. That's their main beef with the Federal Reserve. Extreme conservatives don't believe in any quasi-government entity setting interest rate at all ever. They believe if left alone, laisse faire, business would self regulate. Unfortunately, that would bring wild swings in economic activity. We'd be in depression or a boom all the time with no stability.

@@georgepretnick4460 Chinese are managing their economy with other tenets and are more successful. They seem to be capable of managing their economies better than the US. The Chinese seem to have learned from the successes of Japan before the US put a stop to it with the Plaza accords, France with de Gaulle and other west--European countries with their leaders that had a more or less planned economy until the private companies took over in the 70ies, same with Sout-Korea and Sweden an so on until in all cases the US put an end to them instead of following their lead. The casino economies broke the spirit of these economies. In any case China produces almost everything and it lacks for the moment energy. They have no inflation (0.3%) and a GDP growth of 5%. It beats me to understand why the US is confident to have the right knowledge as far as the economy is concerned. Anyway the Chinese are leaving the US Universities in droves.

@BabyGirlDontEvenPlay lol

@BabyGirlDontEvenPlay The Inflation Reduction Act is a valiant attempt to reduce in flation. Nobody ever said it would be an immediate price reducer. Au Contraire, if prices suddenly dropped to what the MAGAs are insisting, it would trigger a price death spiral, aka, a depression. MAGA conservatives would howl the loudest because all their farm and imported wares would instantly lose all the profotibility. Cash would be the only thing gaining value. People would rush to the banks and the equity markets to get their cash out. The banks would lock their doors and close their teller windows. Not reality? This is exactly what happened in the late 1920s and early 1930s. That's why we have a Federal Reserve regardless of whining from the banks and consumers.

It doesn't stop latinos from breeding like rabbits, maybe study them for ideas?

Study how Hispanics do it! They used to have one more kid per family and now its only 0.3, but still - they are certainly doing something right and you are doing something wrong ..

Good cause every generation after the Xers have proven to be disappointing to say the least

Jerk

Just adding that it is starting to be a Gen Z issue, not Millennials. Older Millennials are into their 40s. A huge part of the problem is that we have let people go to college and prolong early adulthood, thus cutting down the number of prime baby making years. Watch the first 2 minutes of Idiocracy and you'll see what I'm talking about.

It has never been different - when you have children your standard of living goes down. The difference being the "rich" get an additional tax on their free time and the "poor" get additional tax on their free time and disposable income. It has ALWAYS been that way. People think that they can have children and keep their standard of living - they can't and they almost never could. It's the 50 years of post-WW2 growth that has lead people to believe, that you can somehow cheat 2nd Law of Thermodynamics and increase your wealth while having kids - you can't. What child rearing takes away in higher costs usually brings back in increase in emotional well-being of the parents... 30-50 years after the children are born. That is the trade and it has always been that way since people had been having kinds.

It depends. Are you willing to change your lifestyle. I have two new grandchildren born last August and February. Child care is $3000 per month per baby. Yep that's steep. I'm sure it will decrease when they are toddlers. You have options. A stay at home parent? Working part time? Working different schedules? You may not be able to buy a new car or eat out as frequently. Even if you didn't you have to watch more closely how you spend your money. Buy things only when they are on sale. My point is, it's doable. Yes it will change your lifestyle, it will anyway regardless of your financial situation

Acquire highly marketable skills and kids/houses suddenly become affordable again- Father of 3 millennials who are crushing it.

Disgustingly ignorant and apologetic for the stealing of inflation.

We are in the Crisis turning period!

he’s wrong… a lot.

Keen is clueless about economics. Just like Peter.

Disgustingly ignorant and apologetic for the stealing of inflation.

A lot of what Peter says is that America needs to rebuild it's industrial base because we will still need things and won't be able to buy them from places where we were getting them. Because those places are in demographic decline.

Peter has some interesting assertions. His admiration for the industrial potential Mexico is one. Yeah...we'll just ignore that cartel corruption dominates the politics of Mexico. And if they DO ever become an economic/industrial powerhouse, they will turn their backs on the USA and invite China in...if they haven't already. But China and their balloons are nothing to worry about, right Peter?

@@nurfuis It is not just demographic decline; it is also geopolitical warfare with competing markets. The markets and manufacturing are shifting.

What do you love? The fact that he is always wrong and is paid buy the Feds to be a man-child? I get it, Take from very poor people (taxes) and give it to Peter because feels good to hear lies.

@CanadianAnglican - Americans would love him in Canada too.

Speak for yourself. This eloquent bullshitter is not fooling everyone but you.

He is talking about long term inflation not short market cycles. A good monetary and banking system would not stop the current inflation cycle.

Ever tried to hire an "unemployable"? They render themselves unemployable...

Please provide sources and actual data points. Thats just like me saying all homeless are junkies and providing no proof.

Umm, a lot of the homeless are severely mentally ill and drug addicted. They are not employable.

@@888sfarrar I _am_ an unemployable, and also a damn dependable and productive worker. For those who aren't, note that I mentioned rehabilitation. For many, that simply means meeting fundamental needs of housing, so that they may bathe, do laundry, and have safety and stability. For some, it means providing for healthcare needs. These are _not_ unrealistic or unachievable goals, as has been amply proven in nations who have already done so successfully. The defeatism and lack of political will is the problem to be solved, not the feasibility.

Yeah crawkn You've been drinking the walk Kool-Aid. Well, I don't disagree with you that there are a fair number of people out there who would like to work but for whom there are no jobs are not unemployed, because there are no jobs. They're unemployed because they're unqualified for the jobs because they haven't changed to meet the demands of the jobs. That or they've changed to not meet the demands of the jobs. A lot of people think they deserve a lot more than they actually do for the service that they render. That's why immigrants are taking up the slack because they'll do the work. If you don't believe this then just spend a little time in the work world talk to some hiring managers and you'll find out just how hard it is to find people that are willing and able to do the work.

Found the moron.

What’s the answer, walk around with a bag of gold dust and a scale?

@@drachenmarke Nothing wrong with debt notes (that's what a dollar bill is), but have it actually backed by something. If you check history, backing notes with tangible commodities works. But that's not the real problem with the Fed. The problem with the Fed is how it violates it's own mission statement of maintaining a strong dollar by maintaining an inflation rate, which devalues the currency over time, and is a tax (disincentive) on savings.

👍

The options you have are they stand there and do nothing and nothing changes or they get themselves involved and make it worse. Those are the only options

@Noonesbusiness we could end the fed and stop paying interest on money printed and leave it to the us treasury department, but what do I know

Disgustingly ignorant and apologetic for the stealing of inflation.

Not a whole lot. Unless the rest of the world does the same thing, ending the federal reserve will be a massive economic competitive disadvantage.

Have you seen the interest rates…. Low is the opposite of what they are

@andrewskokan6372 the interest rate now is what I'd describe as normal. Interest rates in the 70s and 80s went into the double digits, and that's how the Boomers were able to buy their homes.

@@andrewskokan6372 Interest rates are not high.

I'm an Aussie, and I always wanted to come live in America. Can I still migrate there?

America is free. Canada? Not so much. Mexico? Well, Mexico is just different and fun :)

​@@matthewstevens315 You can if you want. I would suggest you visit first and perhaps do a walkabout for a year first and see if you really want to live inside the asylum.

Why point out that the two party system is a prime driver of inflation. He doesn’t want it to affect his internationalist outlook.

How is it the largest or 2nd largest contributor? I’m sure government spending can affect the prices rising but I’m not sure how it would be the largest factor now considering everything else we just went through like Covid and supply chain breakdowns. I’d even say that greed is a larger factor than government spending.

​@@waywardgeologist2520 well, maybe you'll get your wish, and get your own New Liberal Party, with imports. I wouldn't recommend it!

@@PervySage13No, it’s the cost of energy…which Biden is to blame for 100%. He made us dependent on other countries for energy, he started a proxy war with Russia, and increased regulations on new oil/natural gas/nuclear production in America….all goods are moved by energy…those costs go up, the cost of good go up…that is reality. Those costs go down, then smaller companies can compete in the market making larger companies drive down prices. Come on man, just think..and yes government spending is the second largest factor because most never jobs are government jobs that Biden created other then people just going back to their original jobs or job market following the poor handing of COVID (lock downs). Then look at the billions we have given to other countries…that adds to it as well. Come on man…lol

@@PervySage13 40% of the money in circulation was printed since covid, more money chasing the same goods = goods get more expensive . Also Public debt , people and business borrowing money is the main driver of our economy and for the first time in our history the government is borrowing more than its people . Think of raising interest rates as a way to take money out of the economy , slow it down Since they put so much money into it . But they continue to print money like crazy so its not slowing down and with the higher interest rates the government needs to print money just to pay for the interest on the national debt since its now the single largest expense , more than our military . Also all the rules and regulation to go green isnt helping , when energy gets more expensive so does everything else . so yes were doing it to our selves by continuing to vote idiots into office . And much of the world uses the dollar so when it hits us hard , it usually hits them harder .

@geoffrobinson Agree. The Fed seems to be forcing the issue of even a modicum of fiscal responsibility upon a feckless, crave Congress. When interest on the debt reaches twice of what the remaining budgetary items include then they they may start the think about maybe talking about some minimal measures.

Not really. The solution is higher rates.

He may just be on an official trail.

Throw in government that is more about infighting and making money for themselves than running a good country. In the end, many move into the church for land and freedom from taxes and are still around today. The change wasn't all bad. But that's a story for another day.

WTF is band base?? You do realize that, just like the British Empire, it just became too big and expensive to maintain and thus further expand! Do some basic research before just postulating nonsensical stupidity! That's the PRIMARY problem with the world right now! Everybody's THINKS they are an expert! That's the great thing about arseholes and opinions; everybody's got one!

pretty simplistic. Rome was hit by the plague which wiped out around 50% of the population. The Empire was split in 2 by rival members. The list goes on. Disease, infighting, and corruption did them in.

Yeah? And the Romans didn't have nukes either, did they? Let the hordes come.

Romans stopped their expansion because they were a naval based empire. The technology of the era made it difficult to move beyond their actually coastal empire.

if you can barely afford rent on six figures you need to get better at handling money lol

If you’re earning six figures, you can easily afford a very nice apartment or small house in Pittsburgh, where I live. The cost of housing varies wildly based on location. Maybe you should think about moving.

More money won't make you better at managing money.

@@kidlatazulBut he probably wouldn’t be earning nearly so much in Pittsburgh, either. I went from $140k in the Silicon Valley to $70k in Pennsylvania and my living standard is just about the same.

Disgustingly ignorant and apologetic for the stealing of inflation.

Only the idiots are taking their kids to daycare.

Disgustingly ignorant and apologetic for the stealing of inflation.

My dad pointed that out 50 years ago. Very true.

That’s a nice way of say the collapse of the dollar and hyperinflation.

US national debt is not a promissory. It is an accounting exercise that is no where near its limit.

😂

No. US national debts are not promissory based. Only about 20% as a maximum is based on debt.

My guy not everyone who dislikes trump has TDS, using it at a way to write off people’s opinion is complete cope He’s a very divisive person regardless of who you are on the political isle, he’s also semi authoritarian so there’s that.

Peter, has major TDS. I mean it's pretty simple: Our country was a lot better off during Trump than Biden.

@@Castleknight 100%!

@@Castleknight Define better? Before covid it’s kinda hard to gauge where the country should be at now how can you compare the country under trump when in his last year he put 8trillion to the deficit, and biden then did like 3 or 4 trillion it’s kinda insane imo, we’re a diff country then when the economy was doing good overall in 2019

How about end the Fed Bank. Worked great in the past and people had massive freedom, wealth and America became a world power.

“You suck, Zeihan!”

I doubt if many of the chair warriors watching this video( including myself) could keep up.⚰️

They don't want ppl being prosperous they Want us to be subservient and manageable like a commodity you know a human resource.

The middle class was even more prosperous when there was deflation during the gold standard.

It's easy to be prosperous when your $50K/yr household casually uses $10K-$25K of credit spend every year for decades and doesn't pay a dollar off. That's exactly what the US does as a country. That's not real prosperity, it's thievery from the children, but hey, who cares right?

The MC was prosperous when corporations weren't considered citizens and allowed to run rough shod with greedy bandits at the reins stampeding over the population, while hoovering up every cent they could get their grubby hands on!

@@benweiss4956 It basically came into existence to a significant degree because of the professionals that the GI bill generated after WW2.

Those boomers still need the money. Even in years gone by older retirees still kept a proportion in mutual funds but it will not account for the needed withdrawals. There is just no way around it.

Ever heard of the recession of 1907?

Dumbest comment here. You'd get extreme booms and busts that would make 2008 look normal. They're not perfect but they do provide a much needed counter-cyclical pressure.

Extreme booms and busts are what we have now. Because the fed is ALWAYS wrong. From causing the great depression to declaring, just a year ago, that inflation was only "transitory."

What do we expect to see in global shift if project 2025 occurs?

I second that it’s a great question and i have a feeling once this holiday weekend news cycle ends Monday we’re about it from the mainstream media a lot more.

It sound terrifying tbh

Having children is not related to economics it is social.

Disgustingly ignorant and apologetic for the stealing of inflation.

Meanwhile, the other guy's plan is, "Trust me, bro!"

they're already at the target rate if you take out the lagging data

Lol. Yeah, that's what Peter's become known for.

If the people replaced by AI retrain to an in demand job, I could see it happening, but as an example, how many graphic designers and copywriters are going to retrain to be drywallers, electricians, and plumbers?

The AI revolution will likely negate jobs for things that people don't physically need. AI is essentially a "brains" task completer, not a "body" task doer. AI won't build/repair houses, roads, cars, or any other "stuff". The AI that is being developed right now is not GENERAL AI (general ai being the type of ai shown in movies... the type of ai that can pass as human or control a robot as a physical body). The AI being developed right now is a stopgap for super repetitive, low risk, low supervision required processes. Don't buy into either the ai hype OR ai doom, the people selling it are just trying to make enough noise to make a buck😂

The people AI might replace aren't people that will pick up a trade

If you follow PZ and agree with his logic, we won't likely have the chips to use for extensive AI.

Time will tell if that is a real thing or a story that we told ourselves.

🤣I am sure I have already been shadow band, Only thing the CIA is good at. Still, That is funny.

More probably: gold would become near worthless and nothing would change except people who invested in gold at old prices would lose most of their money. Of course all of Congress will have sold off their gold holdings because of reports by the agents that have been following Peter and his curious and quite suspicious behavior of apparently hiking in the wilderness, alone, everywhere on earth, and doing god knows what, under the cover of a video blog.

…until gold becomes so plentiful that it loses all value and gets used for frying pans. (Look up aluminum and The Washington Monument for an example of a precious metal becoming common and merely useful.)

@@ironwoodworkman4917 "shadow band"? OMG, really?

We'll be "ritch", will we?

😂

Yes please!

@TheBKnight3- Cuba or Venezuela already have that type of person for president, where else do you suggest?

At best he would hike for president.

@@JohnSmith-ti2kphe’s not a socialist, don’t know how you think he is one. He is a fiscal conservative which is what republicans before trump was known as