Best guest yet Doug 😊 He knows exactly what is going on in the financial world.
@Cleanasdirt21824 ай бұрын
Jeff needs to return for a hour special. Tons of great information. He looks like he partied hard the night before. lol
@toddr98714 ай бұрын
One of your best videos, even posted the link to a social app I use
@DebtFreein304 ай бұрын
Thanks for sharing!
@jason198720114 ай бұрын
Excellent.
@vinyalonde4 ай бұрын
This was really interesting. Thank you for posting this. I believe that in support of Mr.Rubin's thesis, the work of Peter Zeihan is worthwhile. Basically, Zeihan explains how poor demographics (meaning aging populations) has led to the decline of China, Russia, and many other countries. In a nutshell, the population of China has aged past the point where it can be competitive. It is now, according to Zeihan, cheaper to manufacture in Mexico than in China. As well, a lot of China's growth has been heavily funded by massive debt and that will be unsustainable. We also have to contend with retiring North American Boomers removing their capital from markets and putting it into safer, lower growth portfolio assets for their retirement and this likely contributes to the rising cost of capital (and adds to inflationary pressure). While we in North America are going to have relatively prosperous future, higher inflation and thus higher prices are going to be with us for a long time.
@ayela5624 ай бұрын
Totally agree. Peter Zeihans work is fascinating and very relevant to what Mr Rubin is saying here on this podcast. Another channel I would recommend is Gary’s Economics. He’s a young guy who was a trader on the London Stock exchange who now speaks to wealth inequality and the factors driving it. Fascinating stuff and very eye opening.
@robertwaldner34704 ай бұрын
Great guest. I just changed my mind last week about getting a three year term instead going to get a five year term mortgage
@janitoronfire3 ай бұрын
I can’t imagine buying a home without a 30 year fixed rate mortgage.
@julies34904 ай бұрын
Jack Nicholson telling us all about sticky inflation! :)
@bibbidi_bobbidi_bacons4 ай бұрын
Fud
@ocean6944 ай бұрын
This man understands the economic reality, much better than the politicians.
@ikechukwumba234 ай бұрын
Just found your channel, great insights and fantastic interview