I ran into two friends today( I’m a guy) and I told em both right when I saw these guys today that they look good

I think anyone interested in what this guy has to to say should vote for rfk jr

I almost click off because I thought he was Dave Ramsey

My grandfather worked as a train conductor all day every day and in his free time sold tomatoes in the capital far away. He was able to buy big apartments (3-4 rooms in the middle of the city) all 3 of his kids and also a villa with 2 garages and a swimming pool in the heart of the city in east EU. Try doing that nowadays... In the past you didn't need experience/degrees. Nowadays I look at programming jobs and every year they raise the bar of requirements for entry level positions. It's obvious we're competing on a global scale against each other, not locally like it was 50+ years ago. Now it's not just you vs your class mates, it's you vs 1.4b indians, 1.4b chinese, 750m europeans competing for a remote job, and sometimes you vs billion dollar companies or older rich as fk people competing for an entry level house. Good luck!

Wow, I am glad the YT algorithm pointed me to this video. This was really interesting.

Bro goes on a 20 minute rant about the economy being broken and rich people weaponizing it against young people and immediately turns around and says billionaires are super nice, smart people so they deserve to be billionaires? The wealth inequality is bad but billionaires good…. Make it make sense.

Everyone just has to be in the top 10% to make good money. Now how do we get the 100% into the 10%? I’m struggling with the ‘outperform the majority of people’

Just do as I did, get born in Norway.

I disagreed with the taxation part. I believe that a percent of what one makes should be equal to each other (aka flat tax) because taxation should not punish the ones who have worked hard and made it to the higher echelon of wealth (ofc there are those who don't necessarily work hard thanks to legacy, yet we need to realize that it is immoral to penalize the reward that his previous generations deserved for contributing to society). Side note, notice how only the top percentile has the idea to advise for higher tax on themselves? You do that and everyone else will be incentivized to be mediocre in their productivity so that they can stay in the lower echelon of income (tax avoidance or just not wanting to work). As a result, GDP will stagnate and inflation will accelerate. In this sense, I'm actually more inclined to vote for regressive taxation because I would love to see the government rewarding those who strive to be more productive (it has never taken place before but is worth a try). If one still hasn't read about Laffer Curve or Regan's tax cut result, I promise it would be helpful to y'all Right now, a lot of these economic deteriorations take place because of governments' involvements impairing the free market's capability to fix itself (please research on how Obama Care, the Affordable Care Act, etc. affect on healthcare affordability or how education quality has continued to decline since the establishment of the education department). If you bring up the topic of veterans, then please know that they have served this country. Thus, they are owed all of those benefits and it is good that we have those systems in place. But that are not the same as all of the other spendings the government have been lavishing (think of home affordability program and social benefits that have been exploited consistently). Ultimately, we need to realize that the government cannot act like a god and should only take on the role of law enforcement who punish law breakers. That way, we will see less of exploitations (think tax fraud) while being assured that the competition is fairer for everyone to expect handsome rewards for their efforts. Imagine if a person is incentivized to become more productive by starting a business, so that he can get to the next tax bracket for lower tax. P.S. I'm speaking from the point of view of someone who is deemed to be in the lower income bracket, yet maintaining the stoicism and focus that the speaker has mentioned at 5:05

Bitcoin. That is how

The should focus on closing the “wealth gap” us Mexicans are eager and have hunger in us for success. But the uneven wealth is harming us

Bs on women complimenting each other 😂 does he know

You aren’t solving systemic issues with the current money system. It’s not boomers fault it’s the bankers And on top of that we live in a consumer economy everybody can be wealthy but everybody doesn’t have it in them

Preach it. Good content

We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.

My comment is for the first 10 minutes of this inteview: great conversation but what Scott told Kyla should have been told to you by your parents and your teachers. You shouldn't be informed about the facts of life in a KZfaq video! Parenting and education suck. Society sucks.

Boomers got rich buying a 60k house and selling it for a million 40 years later. BTC is 60k now and probably hitting a million in a decade, don't sleep on opportunity. People will say its still speculative, but so was Amazon stock until it wasn't. Shit I remember people saying the internet wasn't going to do anything, every decade has a big wave you can get on and ride, don't miss this wave.

Great points, but showed some serious flaws when he said America is probably the least bad place to be. GTFO you seriously must be pandering, have you not travelled? I’m not sure the US makes the top 10.

TLDR; Buy bitcoin

10:43 every economic policy is a transfer of wealth

You guys are a joke. Go ahead, short CAVA. I profit from the squeeze. By the way, the meat balls are no longer on the menu.

I am a late millennial and the future is bleak. I have already consciously and voluntarily decided to never ever procreate and not give that much shit about my career or job, I work to survive, I don't date, I don t go out, I am not depressed though, I have 0 motivation and 0 enthusiasm. I feel 99% of the time disgusted by how the elderly - pretty much for my entire lifetime - have treated me, both at home, and at work so in any workplace I have been, and in public, there's so much entitlement and need for superiority, correction, and bullish!!t that young people are simply silenced and killed off any motivation. I paid for every smile or laughter that I have experienced, particularly at work, to work with old people is to kill your future! All the rules and the atmosphere are decided by them, i have already tried 3 countries, and they are all pretty much the same, men and women, old people, not much difference. To be young and joyful, to be young and enthusiastic about living life and trying to build it yourself is for old people a personal harm. Tbh, the taxes, the working conditions, the housing prices are nothing but the day-to-day life and how they treat us is pretty much the decision maker of our future. they killed us of any motivation and hope.

I guess new hippy-time is comming.

The Zoomers don't like the 50's, but want it like the 50's. They need get out of the tattoo shop, put down the video games, quit smoking all that weed, realize that they DON'T have the right to everything. turn the phone off, and get 'er done.

Test.

I started working about 8 years ago and I am about to turn 30 in a couple months. Its hard for me to look at my future in a positive light so I dont. I just live day by day regretting moments from my past and being afraid of my future. Im pretty sure I'll figure out my life eventually but right now the things I want just feel unreachable.

The greatest 32 minutes on KZfaq. Thank you!

Wait… I can’t make $100 million dollars a week like all the gurus say? What about what Alex Hormozi says 😂

Rt now I'd settle for a job in my field of study that doesn't pay less then a job without any degree

This dudes Ted talk was 👀 🔥 go check it out!

this guy is not Top G, he Prof G

great pod.

1:15 - I bet your 93 year old dad gets a fraction of the social media adverts and notifications to spend money compared to what people in their twenties, thirties and even fourties get

23:48 Good part starts here

Its impossible now, because factory jobs benefit men, but service economy only benefit women by some reason and wherever women make more money 50% loneliness single people, population collapse hard, economy down because population collapse economy dont grow, so its the good government social programs or dead.... and no jobs mean global capitalism collapse, so, onlyfans distribute more money than all those jobs, crazy times.

For boomers and senior citizens, the current market and economy are unnecessarily harder. I'm used to simply purchasing and holding assets, which doesn't seem applicable to the current volatile market, and inflation is catching up with my portfolio. My biggest concern is whether I'll survive after retirement.

Comments full of bots

I did what Tupac said to do, "Don't fight the system, pimp the system."

Galloway is good.

Couldn't have f#cked more if he tried

Scott is a GOAT❤

Bad advice. The system is clearly collapsing. You shouldn't be working on your career, you should be prepping to survive.

In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.

Build more homes with what labor? 20-40 year olds want a get rich quick, low/no labor job. Most* 20-40 year olds.

He is preaching something even he is no longer believes works. Did he not read The Great Taking by D.R.Webb? Your financial assets are soon to be gone.

The trick is to unsubscribe all bullshit accounts you follow on social media, and instead follow accounts focused on investing related content and personal development. You MUST change your daily information diet. And remember: You gotta fuck around to find out. The more you fuck around the more you find out. But if you never fuck around you will never find out.

It’s very, very simple. Vote. Take. It. Back 86.5% Capital Gaines. MMW👹

Brilliant video. It’s exactly the same here in the UK!

Usually a permabear. Look forward, where the world is heading and what is the leading emerging industries and technologies getting us there. Put your money in that and leave it.

The real underlying issues behind the economy are basically three things: First of all, there is the exploitation of the economy by the financial elite through financial instruments that do not contribute to the natural economy by providing products or services. They siphon money away from the population, and from the businesses who are providing goods and services. This is one issue that needs to be addressed. The other issue is the money system itself, the creation of money through debt, which has reached a point where it just is not sustainable anymore. And this is partly a matter of creating a sound money system that is not based on debt. You could say this is the second issue, the creation of a money system that is not debt based. But the third issue then, is the debt in itself, where people, companies and governments, nations have incurred such huge debt, that it just is not sustainable. Even the interest payments are threatening the economies of many nations, businesses and people. There will come a point where a growing number of people-economists, politicians, journalists, and so forth-will become aware that the world faces a simple choice. Either the economy completely crashes, and the entire financial system crashes because of debt, speculation, and so on. Or the democratic governments fulfill their responsibility to create a truly democratic economy, a free economy with equal opportunity for all that cannot be exploited by the power elite. Even the power elite will begin to see that they can either choose to nullify some of the debt, or maintain the debt and demand payment of it, where they can cause the economy to crash so they will never get any more payments. There simply needs to come this awareness that the debt has reached such a level where the only way out is to nullify the debt, maybe not all debt, but certainly much of the debt. You can see in the United States where the national debt has reached truly astronomical levels. And there needs to be some awareness and a movement of people saying: “Where are we borrowing this money? Who is lending it to us? To whom do we owe the money?” And it needs to be this awareness that: “Yes, we owe it to some big national banks, even some multinational banks. But shouldn’t these companies, these corporations, be American corporations? Why have we created this debt-based money system where the government needs to borrow money from private institutions, and the taxpayers are paying interest to these private institutions? Why are we not doing what it says in the Constitution, that only Congress has the power to print money? Why are we not printing money directly, instead of borrowing it from private banks that make a profit? Why are we allowing this kind of money system? Why are we allowing the Federal Reserve to run the economy?” And other nations can of course, have different institutions, but nevertheless, debt-based money is a problem everywhere. The question is when this awareness will be there, whether it will happen in time to prevent a crash, or whether there will have to be another crash as severe as 2008 or 1929 in order for people to realize that you cannot have a democratic nation that has an anti-democratic financial system.