Economic Update: The Emerging New World Economy

[@nicolasbenson009]

Some group of economists have projected that both the U.S and parts of Europe could slip into a recession for a portion of 2023. A global recession, define as a contraction in annual global per capita income, is more rare because china and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.

[@hersdera]

That’s why I always make it a point to speak with a financial advisor before choosing any investments. Apparently , I’ve been using one since the pandemic, using profits oriented tactics and minimizing risks as a buffer against inevitable downtrends.

[@hersdera]

In addition they have valuable access to insider knowledge and analysis, making failure virtually impossible for them. I’ve made over $1.5million passively working with Margaret Johnson Arndt, my advisor for over three years now.

[@SandraDave.]

Thanks, I just googled her full name 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 call.

[@Olcool]

​

[@Olcool]

​@HarveyMark-gk1om

[@Hannahbenowitz]

Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024?

[@JosephineKenney]

I would avoid the index funds, mutual funds, or specific stocks for the time being. The 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows sign of recovery.

[@FinnBraylon]

This is why I've entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far

[@HildaBennet]

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.

[@FinnBraylon]

Google Sonya Lee Mitchell and do your own research. She has portfolio management down to a science

[@HildaBennet]

Thanks for sharing, 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 e-mail shortly.

[@BillAdamson-bp9ff]

The US economy is grappling with uncertainties, 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.

[@RickMckee-nq4ni]

Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?

[@Erinmills98]

[@AstaKristjan]

[@Erinmills98]

[@AndrianWiener]

[@henryalexander688]

With the current economic situation, it's hard to ignore the possibility of a recession looming on the horizon. I'm genuinely concerned about how it will impact people's finances.

[@madison72245]

Absolutely, Henry Recessions can have far-reaching effects, from job losses to declining investments and stagnant wages.

[@carlos1brown316]

.. 0:01 You know, I've heard about this financial advisor, Kayla Tabitha Rodrigues, who specializes in helping people navigate economic downturns. Has anyone here had any experience with her?

[@levisebastian9525]

I've actually worked with Kayla, and she's been remarkable in providing guidance during tough times.

[@henryalexander688]

That's intriguing. Can you share some examples of how she's helped people deal with the financial fallout of a recession?

[@levisebastian9525]

Certainly, Kayla starts by assessing each client's financial situation, helping them prioritize expenses, and finding opportunities for budget optimization. She also provides guidance on investment diversification and risk mitigation strategies.

[@carter3294]

The media is currently barraged with a lot of economic data right now. It takes a lot to see beyond the whole ocean of news on focus on what is important, which is that no matter how low stocks go, they always bounce back. I really ignore all the news and keep investing. I recently allocated about $121k to put in the market as we anticipate a crash. Any recommendations?

[@2024Red-j5t]

@Phil Stones I've been in touch with a financial analyst ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders

[@2024Red-j5t]

@Bill My Financial Advisor is NICOLE DESIREE SIMON. I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can run a quick online research with her name if you care for supervision. I basically follow her market moves and haven’t regretted doing so.

[@vishalkhanna1476]

Hi I'm continuously accumulating Natural gas on dips expecting to be dollar 5..your thoughts n advise cmp 2.3 Dollar High 9+ Dollar

[@kortyEdna825]

As an elder millennial, one of the few advantages is having lived through the Great Recession. My advice. Reduce unnecessary expenses, increase your savings by investing in financial markets and do not sell. One thing I know for sure is that diversifying your income can help insulate you from much of the craziness going on in the world.

[@carssimplified2195]

The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.

[@Justinmeyer1000]

Thats true, I've been getting assisted by a coach for almost 2 year now, I started out with less than $120K and I'm just $19,000 short of half a million in profit.

[@Justinmeyer1000]

@tudorrwilson My Financial adviser is ‘’JULIE ANNE HOOVER’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

[@mikemiller659]

assuming U have an income

[@JuanMercado91]

​@@Justinmeyer1000well let me just grab that 120k I've had sitting around and diversify my investments 🥴

[@toneyj.alejandre8183]

We work for years to earn $1million on our retirement, while some people put thousands of dollars in some meme coins and they become millionaires.

[@louisa.martin23]

Despite the economy downturn, I'm so happy 😊 I have been earning $180,000 return from my $22500 investment every 14 days

[@charlottetovell2349]

​@@louisa.martin23.Excellent buddy very good are your earnings and do you have any recommendations or suggestions.

[@chrisarmstrong36]

Big pumps to you what a step you took, please any recommendations from you!! Need to start somewhere.

[@louisa.martin23]

​@@charlottetovell2349.I have been trading with Mentor Derek Mia Scott for a while now she is really amazing and trustworthy she has the skills level of trade always winning with her trading platform

[@jayfrancis1519]

This amazing such a great return, how can I reach her through

[@Weromano]

Here in Germany, when workers strike, there is a great solidarity and encouragement even by the people impacted by the strike.

[@LiberNoster]

That is only half true. There is also very much anger about it by the ones affected and not affected, here in Germany...

[@jl8942]

Montana is approximately 376,979 sq km, while Germany is approximately 357,022 sq km, making Germany 94.71% the size of Montana. Meanwhile, the population of Montana is ~989,415 people (83.3 million more people live in Germany). We have solidarity in some states, but the US is much bigger. It would be the equivalent of the entire EU showing solidarity.

[@pedroferrr1412]

@@LiberNoster Ya, it is the same in Portugal, people are super egoistic and idiotic

[@Kuasarakyat2]

No one is protesting about the destruction Nord Stream 2?

[@ilianamarisolromero7816]

From what I can remember in my childhood and young life, union movements and strikes were “seen as being lazy and ungrateful”, there’s a social stigma, but that paradigm might be changing

[@kelvinjohnson4]

According to certain economists, there are projections indicating the possibility of the United States and certain parts of Europe experiencing a recession during a portion of 2023. While a global recession, which refers to a decline in annual global per capita income, is relatively uncommon due to the faster growth rates of China and emerging markets compared to developed economies, it is important to note that if economic growth lags behind population growth, the world economy is generally regarded as being in a recession.

[@LionTowercoporation]

Given the current delicate economic season, it may be difficult or ineffective to take significant action on your own. Therefore, I would strongly recommend seeking the expertise of a financial professional who can offer valuable financial guidance and assistance.

[@KelvinWallace]

That's absolutely correct! Thanks to my Financial Advisor's implementation of defensive strategies, I have been able to significantly grow my portfolio from $50K to $189K during this challenging market period. These strategies have proven effective in reducing vulnerability to market downturns.

[@williamsbrown4026]

@@KelvinWallace How can I get in touch with your advisor? I'm currently looking for a more effective investment approach for my savings and would greatly appreciate their guidance.

[@KelvinWallace]

@@williamsbrown4026 The coach who provides guidance is “Colleen Janie Towe . You may already be familiar with her, as she is quite well-known in her field. I discovered her through a Newsweek report, and I encourage you to look her up to learn more about her expertise and reputation.

[@williamsbrown4026]

Thank you for sharing this information. After conducting a Google search on the lady you mentioned and thoroughly reviewing her resume, it is evident that she is highly experienced and skilled in her field. I have reached out to her and now eagerly await her response.

[@gingerkilkus]

My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in US.

[@leojack9090]

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.

[@TomD226]

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.

[@lowcostfresh2266]

@@TomD226 Please pardon me, who guides you on the process of it all?

[@TomD226]

​ @lowcostfresh2266 My advisor is Laurel Dell Sroufe, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@fadhshf]

@@TomD226 Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

[@Blabberone]

As is usual the Professor has laid it out concisely. Where we are coming from and where we are going. Very nicely explained without pomp or pageantry that often academics who don't have the skills that this great man utilizes to be ignored and not heard. Well done Professor.

[@peaceleader7315]

I want to explore a true definition of socialism philosophy.. hmmmm.. just for personal interests .. Capitalism economic system should evolve to communism philosophy direcly through innovation..within our Marxism ambitions.. hmmmm.. I just can't understand why socialism identity and philosophy exist.. ??? hmmmm.. It is said, and it must be done..

[@kevinschmidt2210]

@@peaceleader7315 hmmmm.. That is just your personal opinion, and not "a true definition."

[@peaceleader7315]

@@kevinschmidt2210 I am the Alfa and omega.. teach me.. you must.. said young Yoda.. hmmmm..

[@peaceleader7315]

@DisruptApps™ capitalism thrive on division, uncertainty , wars, and conquest... our human social structure consists of cultures, religions, and patriotism flags, which is an excellent breeding ground for the wild west capitalism economic greeds.. hmmmm..

[@kevinschmidt2210]

@@peaceleader7315 Naaaah! You're a junkyard Alfa Romao that doesn't go vrooommmm anymore, with delusions of grandeur.

[@HodgeChris]

I would say TAKE ADVANTAGE OF THE RECISSION! Recessions are an unavoidable part of the economic cycle; all you can do is prepare for them and plan accordingly. I graduated into a slump (2009). My first job after graduating from college was as an aerial acrobat on cruise ships. Today, I work as a VP for a global corporation, own three rental properties, invest in stocks and businesses, run my own company, and have increased my net worth by $500k in the last four years.

[@Justinmeyer1000]

Thats commendable . You should consider imploring the services of a Financial Advisor so you don't get ripped off in the market. They provide personalized advice to individuals based on their risk appetite, placing them among the best of the best. There are bad ones, but some with good track records can be very good.

[@carssimplified2195]

Very true, a huge part of my portfolio growth has come during this bear market. I've been able to scale from $180K to $572K in a short period of time. I basically was just following the steps and guideline from my financial advisor. as long as you've professional help, you're good to go

[@carssimplified2195]

@Brilliantrans Well i won't say i have...Her name is ‘Christine Jane Mclean’ can't divulge much. Most likely, the internet should have her basic info, you are welcome to do further study.

[@johnchallis8619]

TROLL!

[@MrDayinthepark]

I feel funny liking this video. It documents the nightmare my life became after 2008, it reminds me that capitalism punishes the most expensive of its workers, and Richard's words should be all over the network news, every night. Instead, we see it here, in all it's perfection and accuracy, while the majority of America pretends it isn't true.

[@gallectee6032]

I think you're mistaking that the majority of America pretends it isn't true, I think they're instead blaming migrants, jews, black people, gay people, trans people, liberals, and most of all, the government. That if all of those people went away, and the government got out of the way of business (e.g. regulations and etc), they'd be right back to the standard of living that they had during the Keynesian decades.

[@2CHACHOUU]

Look who runs your government and OWN all Media outlet,now go read their so call Holly book

[@Koyasi78]

"America pretends it isn't true" That should be America's slogan.

[@reubenmorris487]

Americans aren't pretending that the message presented here isn't true - it's called, "COGNITIVE DISSONANCE."

[@JameyKirby]

@@jonashassel5404 Have you ever read the bible? "And when you pray, do not be like the hypocrites, for they love to pray standing in the synagogues and on the street corners to be seen by men. I tell you the truth, they have received their reward in full. But when you pray, go into your room, close the door and pray to your Father, who is unseen. Then your Father, who sees what is done in secret, will reward you. And when you pray, do not keep on babbling like pagans, for they think they will be heard because of their many words."

[@Erikkurilla01]

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.

[@Lemariecooper]

Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my returns on investment

[@jessicasquire]

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

[@Lemariecooper]

@patrickbrussels4454 Thank you, I copied and pasted her name on web browser and sent a email waiting for reply.

[@Bhsh-]

It's simple, by end of 2030: 1. China 2. US 3. India By end of 2045; 1. China 2. India 3. US AND THESE THREE WILL RULE THE WORLD TILL THE NEXT CENTURY WITHOUT CHANGING POSITIONS FOR AT LEAST 75 YEARS 👍

[@johnchallis8619]

TROLL!

[@fereydoonbesharati7945]

No body can explain it as clear as you did , thanks for your expertise Richard.

[@Gurci28]

What about the need to generate jobs in today's globalized world? The need to generate jobs in today's globalized world is a pressing concern for policymakers and economists alike. In this context, each of the three economic theories - neoclassical, Keynesian, and Marxist - has different implications for job creation. Neoclassical economics emphasizes the importance of market efficiency and suggests that job creation will occur naturally through the interaction of supply and demand in labor markets. This approach argues that reducing labor market regulations, lowering taxes, and promoting free trade will stimulate economic growth and job creation. Keynesian economics, on the other hand, argues that government intervention is necessary to address issues of unemployment and inequality. Keynesian policies such as fiscal stimulus, public investment, and job training programs can help to stimulate job creation and support workers in sectors such as agriculture, industry, and services. Marxist economics views job creation as a function of the balance of power between capitalists and workers. This approach suggests that the primary goal of job creation policies should be to empower workers and reduce exploitation, rather than simply maximizing profits for capitalists. Marxist policies such as worker ownership of firms, collective bargaining, and progressive taxation can help to redistribute wealth and promote more equitable job creation. In the context of today's globalized world, each of these economic theories offers different perspectives on the most effective ways to generate jobs. Neoclassical policies tend to prioritize market efficiency and rely on market forces to stimulate job creation, while Keynesian policies tend to prioritize government intervention to support job creation and reduce inequality. Marxist policies tend to prioritize worker empowerment and the reduction of exploitation. Ultimately, the most effective approach to generating jobs may require a combination of these different perspectives, tailored to the specific needs and circumstances of each country or region. 1:25 [Content generated by ChatGPT. ChatGPT is an artificial intelligence (AI) chatbot developed by OpenAI]

[@vishalkhanna1476]

Hi I'm continuously accumulating Natural gas on dips expecting to be dollar 5..your thoughts n advise cmp 2.3 Dollar High 9+ Dollar .....imp you may ask all ur well wishers to take advantage....buy on dips wait for dip!!

[@jessicamoore3093]

Recession is most likely the result of an external factor. For the first time in decades, the United States is losing its clout as a federal reserve currency. They don't have any more economies to use to control inflation, and less money is being spent on stock and oil trading than in the past. They all lend support to the idea that a new multilateral world order is in the works.

[@alexyoung3126]

Keep this in the back of your mind. There are good days and bad days. It's a zero-sum game, but keep this advice in mind: spend wisely, invest wisely, and diversify your holdings so that when one performs poorly, the others do as well. This can be accomplished by hiring a knowledgeable specialist whose platform provides a wide range of investment options. By doing so, you leave little room for regrets and may even gain more.

[@joesphcu8975]

With the assistance of an investment advisor, I was able to diversify my $401k portfolio across multiple markets, earning over $980k in net profit from high dividend yielding stocks, ETFs, and bonds in just a few short months.

[@kimyoung8414]

@@joesphcu8975 That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?

[@joesphcu8975]

My Financial adviser is ‘’Helene Claire Johnson’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

[@kimyoung8414]

Thank you for this Pointer. It was easy to find her handler, She seems very proficient and flexible. I booked a call session with her.

[@velayuthman]

The best way to describe the present economy is 08' 2.0. Yes stocks are at a discount and things will eventually get better but my monthly living expense is up $37500 from $16000 and I'm left wondering what retirement have in store for me 5years down the line, I'm ill-prepared tbh, my 401k worth about $320k gains are zero-nothing and my stock portfolio?...OH WELL!

[@stevensmiddlemass2072]

Find a mean to gain off the present market condition, we seem to be moving same direction as Venezuela and that wont be good for anybody

[@boltonjohnrobert9469]

You can trade on crypto to start making good profits, I’ve been making up to $50k monthly trading

[@zadiewimberly1013]

​@STACIE KRISTAL WEBER

[@zadiewimberly1013]

I need to discuss my portfolio with you

[@user-wt6zf4ek9k]

A bear and bull market provides equal high-yield potential, it's all about early information and right strategy, Buffet is proof people make millions amidst crash. Unequivocally, today's recession/inflation is getting somebody somewhere rich. I'm at a crossroads deciding if to liquidate 370k stock portfolio currently down by 15%, it's uneasy for me to not panic, after recent awful divorce. I just need creative ideas to afford my retirement.

[@oliviaHill-w4e]

I do not disagree, there are actually ideas that could be put in place for solid gains during crash, but such strategies are carried out by advisors with sheer grit, and experience since the '08 crash

[@laszlolee]

Very correct, investing can be confusing, thus the need for professional guide. Since the rona outbreak Jan.2020 to date, I've personally avoided the drawback of trial & error by simply following my coach's guide. I'm newly retired with very small amount in retirement account compared to a whooping $1.3m accrued in portfolio after subsequent investments.

[@EmilyMoore-n7n]

@@laszlolee Please can you leave the info of your investment advisor here? I’m in dire need for one

[@laszlolee]

I've shuffled through a few experts in the past, but settled with "Susan Bauer Normansell". Her strategy is recession-proof, more specifically profit-oriented, and most likely, the internet is where to find her basic info, simply apply due diligence.

[@EmilyMoore-n7n]

@@laszlolee might have heard this name somewhere, but can't really recall. I'll be following her up. Thank you.

[@mimiwinarto9164]

Professor Wolff is the best lecturer of Economics!

[@Marxist2]

He sure is. I wish people in this country & the world would watch his show.

[@patrickmccormack4318]

Really? There exists many renegade economists.

[@TomSmith-sr2br]

The problem is that he is all talk, that's it. Him, you and I, nothing is getting better.

[@mimiwinarto9164]

@@TomSmith-sr2br He is a lecturer, not a politician. His job is to lecture and provide information to people according to what he believes in.

[@TomSmith-sr2br]

@@mimiwinarto9164 You missed my point, good luck to you tho, you will figure it out one day, be well.

[@olgageorgsen9654]

With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stock portfolio

[@user-dl4rr5qs8y]

As Yuval Eric Brokman is a highly sought-after counsel, he is actually the one who directs me. Nonetheless, you can try your luck. Just leaving his phone number would not be appropriate. he may be lying about, but if you Google his name, you can view his website.

[@user-dl4rr5qs8y]

google his name.

[@user-dl4rr5qs8y]

search his full name.

[@user-dl4rr5qs8y]

you will find his webpage..

[@olgageorgsen9654]

I looked him up, and his credentials and resume are excellent, so I can see why he's booked up. Nonetheless, I scheduled a consultation with him

[@SofiaAnsari-wb7gn]

At the very least, I now grasp the concept of leverage. Creating wealth and financial freedom isn't as tough as many people believe. Building wealth and remaining financially stable indefinitely is a lot easier with the appropriate information. Participating in financial programs and products is the only true approach to make a high income and remain affluent indefinitely.

[@Delighted316]

Most people simply enter the foreign exchange market without comprehending matters like this. The first stage in building money is determining your goals and risk tolerance, which you may do on your own or with the assistance of a financial counselor who works with a verified Finance agency. And also you can learn the facts about saving and investing and create a clear plan, you should be able to acquire financial security over time and enjov the benefits of income management.

[@GeorgiaMoore.]

That is why I work with John Desmond Heppolette, who introduced me to a better Financial community, a verified agency where I learned how money works and how to create it, as well as free books, courses, and daily lectures. You also get to meet new people, which was the best decision I ever made.

[@FrederickBlein]

Yeah real, that guy is one asset manager that gives the breakdown of everything on how things are done, joining an effective financial community can be 100% beneficial when joined properly that's all I can say out of experience

[@Evelyn56067]

Please who is John Desmond Heppolette..?

[@FrederickBlein]

He also happens to be one of the best asset managers I've ever worked with. I've actually had a conversation with John Desmond Heppolette. It has been a truly flawless experience for the past 6 years.

[@Riggsnic_co]

I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it Investing is a long-term game, so focus on the long run.

[@kenanporubsky2122]

I can’t focus on the long run when I should be retiring in 3years, you see I’ve got good companies in my portfolio and a good amount invested, but my profit has been stalling, does it mean this recession/unstable market doesn’t provide any calculated risk opportunities to make profit?

[@lipglosskitten2610]

There are a lot of strategies to make tongue wetting profit especially in a down market, but such sophisticated trades can only be carried out by proper market experts

[@hermanramos7092]

I agree, that's the more reason I prefer my day to day invt decisions being guided by a init-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a init-coach for over 2years+ and I've netted over 2.8million.

[@kenanporubsky2122]

@@hermanramos7092 I've been thinking of going that route been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think your Inv-coach could guide me with portfolio-restructuring..

[@hermanramos7092]

@@kenanporubsky2122 I've shuffled through a few advisors but “Catherine Morrison Evans” remains the most resourceful thus far. Her strategy proves profitable, and sustainable both in a bull & bear market. Most likely, her deets can be found on the net, so you can confirm yourself..

[@kaceykelly7222]

Professor Wolff, thank you for giving so many of us the opportunity to receive such impressive tutoring in a subject that affects all of our lives. I look forward to each an every episode of your Economic Update.

[@vishalkhanna1476]

Hi I'm continuously accumulating Natural gas on dips expecting to be dollar 5..your thoughts n advise cmp 2.3 Dollar High 9+ Dollar .....imp you may ask all ur well wishers to take advantage....buy on dips wait for dip!!

[@Bhsh-]

It's simple, by end of 2030: 1. China 2. US 3. India By end of 2045; 1. China 2. India 3. US AND THESE THREE WILL RULE THE WORLD TILL THE NEXT CENTURY WITHOUT CHANGING POSITIONS FOR AT LEAST 75 YEARS 👍

[@chakkimmok8403]

Yes. p. p. I yelled and stay in yet but the price for rector prescribed medicine and yet yet

[@godfatherofcinema]

With nothing but the highest appreciation and respect for all of the work you put into these videos. A well-researched clearly explained analysis. High-quality content, the very best of this platform. Thank God for it and you, sir, and God Bless.

[@elainegoad9777]

I'm always eager to learn from Proff. Richard Wolff !

[@jgalt308]

To bad he never delivers anything worth learning.

[@Rainstorm121]

@@jgalt308 and why are you wasting your time here?🤣

[@jgalt308]

@@Rainstorm121 To expose the previously stated fact...and because the "comment" section provides one with the opportunity to be read...rather than being overwhelmed and lost among the 1000's of "twitter brains" on other sites. You?

[@spailer5478]

@@jgalt308 so what did he say in this video that was wrong or misleading?

[@jgalt308]

@@spailer5478 The full critique of this video can be found by simply scrolling down to the end of the comments...you can't miss it. " Another "Down the Rabbit Hole" with Prof????? Wolff episode, full "economic update" 4/24/23 "

[@bobbymainz1160]

Economists and business leaders are voicing concerns at the start of 2023 that the year could be a difficult one. JPMorgan Chase & Co. Chief Executive Jamie Dimon said that the Federal Reserve may need to raise interest rates to 6% to fight inflation, higher than the peak level between 5% and 5.5% in 2023 that most Fed officials penciled in after their December meeting. Although I read an article of people that grossed profits up to $500k during this crash, what are the best stocks to buy/short now or put on a watchlist.

[@JaykeTurner]

Emotionally-charged decisions to sell off large quantities of stocks or other investments now lock in your losses, removing any chance for future growth.

[@ArthurLedgeeer]

A 2022 Northwestern Mutual study found that 75% of U.S. adults admit their financial planning needs improvement. However, only 29% of Americans work with a financial advisor.

[@AlexanderTurke]

Very correct; the bear market has contributed significantly to the growth of my investment. I was able to quickly increase my portfolio from $180K to $572K. Essentially, I was just doing as my financial advisor instructed. You're good to go as long as you get competent assistance.

[@RebeccaBellick]

@@AlexanderTurke Would it be okay if I asked you to recommend this specific advisor or company that you used their services? Seems you've figured it all out.

[@AlexanderTurke]

@@RebeccaBellick I won't pretend to know everything, though. Her name is HEATHER ANN CHRISTENSEN, but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.

[@sandraspidle5972]

I love this channel. You remind me of the great journalists we used to have, thank you. America shot itself in the foot with their decision of globalization and now we're limping. Then we had the 2017 leadership, which harmed us even more.

[@marcginsburg]

It's good to hear you again. I missed you since I used to hear your program on WBAI. Good that along with your economic insight, you are making the necessary changes to grow your audience. People just don't get to hear this unique and intelligent point of view so it's good it appeared in my queue. Thanks.

[@WilmerBecerra-ve2lc]

I don't speakk English. Traducir al español

[@screenPhiles]

It's weird that so-called economists couldn’t see the rise of nations like China, India and Brazil when 'first world countries' determined - and let’s be clear, that's exactly what it was, a determination - that they weren't going to produce anything, which fueled their growth.

[@tommyrussell]

An economist's job is to make sure the average citizen doesn't understand the true nature of their economic crisis. Capitalist economics is a PR firm hired by the ruling class to delude the working class into falsely believing that the whole system is being run with their interests in mind. When China announced their modern free-market reforms 50ish years ago their literally documented in the 5 and 25 year plans that their objective was to exploit Capitalists in this way to finance the development of their own manufacturing capacity. Any economist competent enough to read the official economic plan of a global economy would have seen this exact scenario coming.

[@jillfryer6699]

@@tommyrussell People, even economists, are geniuses at not seeing what makes them uncomfortable, what might make them have to get off their bums and move the deckchairs round a bit. You are exactly right. It was all announced decades ago, and brushed aside straightaway by the expert right wing economists and kept out of the Newspapiers from then on. And now they're all squawking like geese who've seen the fox has got in and the farmer has walked off and left them to it.

[@screenPhiles]

@@tommyrussell I would argue that it doesn't take an economist to see. If someone determines that I'm going to manufacture all the widgets - because they don't want to pay their workers to do it themselves - then eventually I'm going to rise to prominence.

[@bingiherb]

There is peace in the middle east , I must have missed something!

[@tommyrussell]

@@screenPhiles You're right that anyone paying attention should have seen this coming, but it's not a certainty. Many countries in similar economic positions haven't made the progress China has, and many have made little progress at all due to neocolonialism. India, Pakistan, Mexico, and many other manufacturing hubs have the capacity to achieve similar growth but didn't have the appropriate economic planning to keep it on course.

[@janet9025]

Investing is considered a bedrock in making generational wealth. Most people don't know when, where or what to invest in. Fortunately, great investors of the past and present can provide us with guidance and ideas. Meaningful contributions are always welcomed.

[@harrisonmichael9636]

Trading with an expert has been the best way of making huge returns from crypto currency.

[@harrisonmichael9636]

The common mistake we newbies make is investing without help and legit guidance from a professional.

[@rodiyahyusuff7702]

​@@harrisonmichael9636Yes, you're right, it's not watching all videos wasting time on strategies, I was ignorant doing so till I met Sir Lucas S.Chamberlain last year at a startup funding event in Washington DC.

[@rodiyahyusuff7702]

He had some interesting things to say about the state of algorithmic trading today, obviously I'm seeing results, and my trading is going smoothly.

[@chibuzoreustace2352]

Trading is like a real time business if you want to win it, you need to be prepare for it. Markets are unpredictable, and you can't predict every.

[@treefrog3349]

The ultimate question is this : will a relatively small cadre of the global powerful and rich determine the fate of humanity itself? A few thousand versus 8 billion.That disparity is stark, yet very real. Greed is blind. Our history books and even the bible are replete with examples of its negative influence. Our Earth itself has become a victim of it. Humanistic common sense has been kicked to the curb because of it. So far, greed has consistently triumphed over wisdom We wouldn't be in this mess if it hadn't.

[@blogintonblakley2708]

Greed has triumphed for the last 12,000 years of civilization. This is because civilization consists of a bunch of authoritarian hierarchies... institutions... that attract and create a space for the greediest, most ruthless people a society can produce, and puts them in charge. This is what civilization is... Many other cultures simply taboo greed. Greedy people are low caste, simply tolerated and not given any responsibilities. Civilization makes a positive fetish of greed. Which is why is so consistently falls apart across the span of recorded history.

[@blogintonblakley2708]

@YTCensors Actually, civilization itself is removing the necessary conditions that allow civilization to continue. AI is an example of this. We are living in the build up to a paradigm shift. These pre-shift times are always fraught with anxiety, doomsaying, violence and corruption. When I was born the main public media was the radio. LOL Think of the changes I've lived through in one lifetime... And not a single one of them was politically paradigmatic. We still have all the same problems... and more intensely. But the pressure builds. I have no idea what is going to happen but I think that civilization as a standard way of life in on the way out the door... along with most of the problems it creates for itself. I don't think it's the end of humanity... far from it. We've just driven this civilization thing about as far as it can go.

[@jeannined7532]

@@blogintonblakley2708 When there is little hope left on the outside, look within. This is what every great spiritual teacher has urged us to do. Once you know what you really are beyond the movie that is playing in front of your eyes, you will know what is yours to do.

[@MIchaelGuzman737]

From my perspective, this highlights the importance of having a competitive advantage as investors. Merely mirroring the market strategies of others is insufficient in achieving optimal results. I am currently grappling with the decision to invest in the current market, as it presents both uncertainty and opportunity. Could you share your insights on this matter?

[@CynthiaByrd648]

These market uncertainties are why I don't base my judgments and decisions in the market on rumors and hearsay. I got the best of me 2020 and made me occupy a worthless position in the market, I had to reorganize my entire portfolio using an advisor, before I started to see significant results happen in my portfolio. I am still using the same advisor and I have netted $1.5 million in 2 years, whether it's a bull or bear market, both generate good profits, it all depends on where you're looking.

[@Ammo-Hoarder]

@@CynthiaByrd648 Admittedly we are only one information away from amassing wealth, I know many people who made their fortunes from the Dotcom crash as well as the 08' crash and have researched similar opportunities in this current market, could this person who guides you help?

[@CynthiaByrd648]

My advisor "LISA ELLEN SHAW" is highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversification as a bear market buffer and is considered an expert in the field. I recommend doing further research on her references. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@Ammo-Hoarder]

@@CynthiaByrd648 Thanks for sharing, 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 e-mail shortly.

[@aurelbican4575]

ĺ

[@800_k_7]

Prof. Richard Wolff is among the best economic intellectual and can easily explain the difference between right and wrong. So it seems that greed is greater than your own safety, that helps explain why capitalism move their factory to China and alsewhere. Mr. Richard Wolff, my greatest respect to you. Thank you for your time and contribution. God have mercy 🙏

[@Ronalexandernyc]

As a first time listener, I am impressed with the simplicity that Professor Wolff explains these complex topics. I have acquired new ideas. My thoughts expanded and my dreams got bigger. Definitely coming back for more classes. This is a video I will keep playing for a while. The lesson steered my thoughts towards what I believe is the most important issue facing humankind.

[@jonashassel5404]

THE GOSPEL OF THE WORD OF ALMIGHTY GOD "is a great last day that He will save man" "The Millennial Kingdom has come" . ... (when Moses was in the forest, God directly instructed and spoke to him. From the sky God sent food, water, and manna and it is still like this today. It will be like Joseph: Everything came to him and bowed down, for he had food.) Almighty God said Have you seen what WORK of GOD WILL BE FULFILLED in this GROUP of PEOPLE? God once said, even in the MILLENNIUM KINGDOM, PEOPLE SHOULD STILL FOLLOW HIS WORDS and CONTINUE, and in the FUTURE, the WORD OF GOD WILL DIRECTLY GUIDE HUMAN LIFE TO THE GOOD LAND OF CANAAN. 🙏 When Moses was in the forest, God instructed and spoke directly to him. From HEAVEN GOD SENT FOOD, WATER, and MANNA for MAN to ENJOY, and it is STILL LIKE THIS TODAY: GOD PERSONALLY SET THE THINGS FOR PEOPLE TO EAT and DRINK to ENJOY, and He PERSONALLY sent curses to punish people. And so every step of His WORK is PERSONALLY FULFILLED by GOD. NOW, PEOPLE ARE SEARCHING for the truths to happen again, they are trying to see signs and wonders, and those people can be neglected, because the work of God is the one that is gradually being verified. NO ONE KNOWS that GOD CAME DOWN FROM HEAVEN, they still do not KNOW that GOD SENDS FOOD and DRINK from HEAVEN----thus, He is the REAL LIVING ONE, and the pleasant SCENES of the MILLENNIUM KINGDOM that what PEOPLE think are also PERSONAL WORDS of GOD. ☀️ This is the truth, and only this exists with God on earth. God's existence on earth refers to the flesh. Those who are not of the flesh are not on earth, and thus all those who focus on going to the third heaven are acting in vain. One day, when the entire universe returns to God, the CENTER of His WORK in the ENTIRE UNIVERSE will FOLLOW the VOICE of GOD; elsewhere, some will call, some will use an airplane, some will use a boat on the ocean, and some will use lasers to receive the word of God. ALL will be WORSHIPFUL, and DESIRED, they will ALL BE CLOSE to GOD, and GATHER--GATHER to GOD, and ALL WILL WORSHIP GOD----and ALL of these are GOD'S WORKS. Remember this! GOD WILL NEVER START AGAIN anywhere. ☀️ GOD WILL FULFILL THIS TRUTH: HE WILL MAKE ALL MANKIND IN THE ENTIRE UNIVERSE FOLLOW HIM, and WORSHIP GOD ON EARTH, and HIS WORK IN OTHER PLACES WILL STOP, and PEOPLE WILL BE FORCED TO FIND THE TRUE PATH. This will be JOSEPH'S PARABLE: ALL CAME TO HIM for FOOD, and BOWED HIM, because he had FOOD. To AVOID FAMINE, PEOPLE WILL BE FORCED TO FIND THE TRUE PATH. THE WHOLE RELIGIOUS COMMUNITY IS SUFFERING FROM A SEVERE HUNGER, and ONLY the GOD of NOW is His FOUNTAIN OF LIFE OF WATER, HAVING AN EVER-FLOWING FOUNTAIN PROVIDED FOR THE ENJOYMENT OF MAN, and PEOPLE WILL COME AND HOPE at His. ☀️🙏 That is the TIME that the WORKS of GOD will be REVEALED, and GOD will be GLORIFIED; ALL PEOPLE IN THE ENTIRE UNIVERSE will WORSHIP the BUSY--BIGHANING "man." 🙏 Will this not be the day of God's glory? One day, the ELDER SHEPHERDS WILL SEND TELEGRAMS LOOKING FOR WATER from the FOUNTAIN of LIVING WATER. They are OLD, but they will still GO to WORSHIP this MAN, whom they DENIED with their MOUTHS they will recognize and in their HEARTS they will TRUST---and is this not a sign and a wonder? ☀️ When the ENTIRE KINGDOM CELEBRATES, it is the DAY OF GOD'S GLORY, and whoever will COME NEAR you and RECEIVE the GOOD NEWS of GOD will be BLESSED by GOD, and these NATIONS and these PEOPLE will be BLESSED and CARED BY GOD . This is the approximate direction: Those who receive the WORDS of GOD from His MOUTH WILL HAVE A WAY TO WALK IN THE WORLD, and whether they are businessmen or scientists, or teachers or workers, those who DO NOT HAVE THE WORDS OF GOD will HARD even at the first step, and they WILL BE FORCED TO FIND THE TRUE PATH. ☀️ This is what it means, "WITH THE TRUTH YOU CAN REACH THE WHOLE WORLD; WITHOUT THE TRUTH YOU CAN REACH NOTHING." The truth is: GOD WILL USE THE WAY (which means all His words) to RULE THE ENTIRE UNIVERSE and RULE and CONQUER MANKIND. 💐🙏 People are always hoping for a big turnaround in God's ways. Simply put, THROUGH WORDS God controls PEOPLE, and you MUST DO what He SAYS whether you want to or not; it is a TRUE PURPOSE, and must be FOLLOWED by ALL, and therefore, also, it is unshakable, and known to all. The HOLY SPIRIT GIVES PEOPLE A FEELING. ☀️🙏 AFTER READING THE WORDS OF GOD, in their HEARTS they will be STRONGER, and PEACEFUL, while PEOPLE WHO HAVE NOT RECEIVED THE WORDS OF GOD FEEL EMPTY. That is the POWER of the WORD of GOD----PEOPLE NEED TO READ it, AFTER they READ it they will be FILLED, and they CANNOT be WITHOUT it. It is LIKE when a MAN INHALES opium: It GIVES them STRENGTH, and without it they are desperate, and powerless. 🙏 That's how people will behave today. READING GOD'S WORDS GIVES PEOPLE STRENGTH. 🙏 If they do NOT READ it, they will be anxious, BUT AFTER they READ it, they will immediately RISE from where they are sitting. This is the MEANING of the KINGDOM of GOD ( the Word ) on EARTH. 💐🙏 There are some people who want to leave, or are tired of God's work. Regardless, they CANNOT TURN AWAY from the WORDS of GOD; NO MATTER HOW WEAK THEY ARE, THEY WILL STILL RELY ON THE WORDS OF GOD TO LIVE, and HOWEVER THEY REBEL, THEY DARE NOT LEAVE THE WORDS OF GOD. THE POWER OF GOD'S WORDS IS REALLY SHOWN when God RULES and EXHIBITS POWER, and THIS IS HOW GOD WORKS. This, AFTER ALL, is the WAY GOD WORKS, and NOTHING CAN BE LEFT OUT. 🙏 Follow page 2 --- From "The WORD Appears in the Flesh". holy book Fulfilled in "In the beginning He was the Word, the Word was with God, and the Word was God" (John 1:1). ... and "When I looked up, someone handed me a book wrapped in a scroll. I opened it and I read on both sides the prayers, lamentations, and curses." (Ezekiel 2:9-10). ... "His garment was stained with blood. He was called the "Word of God" (Revelation 19:13). The kingdom He brought down and set up in the highest in the sky so that it can occupy His creation in the universe and engrave on it the entirety of His Holy name "THE CHURCH OF ALMIGHTY GOD" 💐 fulfillment of (Matthew 16:18) "And I say as for you, you are Peter, on top of this rock I will build my Church, that even the power of death will not be able to overcome it.". ... and "The Letter to the Church in Philadelphia" (Revelation 3:7-13). ... And fulfillment of "The New Jerusalem" 💫 (Revelation 21:10) "The Spirit enveloped me, and the angel led me to the top of a very high mountain. He showed Me Jerusalem, the Holy City, which coming down from heaven from God." (1 Peter 4:17) "For the time has come in the house of God for the beginning of judgment in the house of God." 📩 Calling and leading the sheep of God to His glorious Throne "THE CHURCH OF ALMIGHTY GOD"💐 to submit again to His authority so that He will continue to teach, guide and protect even in plague, famine and wild animals will not be moved by it and completely win this final battle with the big red dragon! "They say with a loud voice, "Salvation comes from the Lamb, and from our God who sits on the Throne!" (Revelation 7:10). ... "But you are a chosen race, a company of royal priests, a a nation dedicated to God, a people belonging to God to declare the wonderful things he has done. He is the one who calls you out of darkness into wonderful light." (1 Peter 2:9). ... and fulfillment that it will be built above the sky/KZbin in (Isaiah 2:2) "In the Last Day, the mountain on which Jehovah's temple stands will stand out above all the mountains. All nations will flock there. " 📨 💌.

[@jillfryer6699]

I often need to watch them two or three times

[@Bisquick]

@@jonashassel5404 "Fun" fact: that Jesus guy was effectively a counter-hegemonic ideological force toward a _class consciousness_ oppositional to the Roman occupation and its ossified class domination. Looking at all that through a historical materialism lens (ie one focused on what all of these cultural shibboleths organize/mystify into a collective alignment of class), we can see the undergirding _material_ force that directs our particular understandings of these ideological mappings. The "good word" is not some abstract conceptual spirituality, it is quite literally a resurrection of the debt cancellation "jubilee year" outlined in Leviuticus 25 to give the whole of society a clean slate and free one another from these compounding class tensions which were codified then enforced by that Roman occupation. Palestine in the first century A.D., when Jesus gathered his movement, holds a mirror to our times: massive social unrest in which relatively minor provocations could lead to mass protests and violence; Christianity (initially the Jesus movement within Judaism) founded as a revolt against that elite domination rather than its contemporary form of complete and totalizing subordination to it. _“The ideas of the ruling class are in every epoch the ruling ideas, i.e. the class which is the ruling material force of society, is at the same time its ruling intellectual force. The class which has the means of material production at its disposal, has control at the same time over the means of mental production, so that thereby, generally speaking, the ideas of those who lack the means of mental production are subject to it. The ruling ideas are nothing more than the ideal expression of the dominant material relationships, the dominant material relationships grasped as ideas.”_ - some guy (Marx, to not be pointlessly facetious) On one side were Greek cultural imperialism and Rome’s brutal occupation. On the other was a Jewish people committed to preserving its identity but divided between accommodation and violent resistance. Conflict often played out along an urban-rural divide. Cities were relatively cosmopolitan. The countryside was religiously conservative. And it was from the latter - the Galilean cultural backwater - that Jesus emerged and precisely how Christianity gained influence to the point where the Roman empire has to rhetorically adopt its values to subvert the uprisings and instability it catalyzed. This process effectively inverts its consensus of values giving us a direct line to the psycho protestant/evangelical "Christianity" of today (its apotheosis as "prosperity gospel"). So now we can look at the global south, where the US has and continues to dominate, from the Monroe Doctrine to the banana wars (origin of term "banana republic" for anyone circumstantially unfamiliar) to Operation Condor, Christianity is understood in a parallel context of _actually experienced_ imperialism and suffering and as a result we get the dialectical pole to "prosperity gospel" in "liberation theology". As Robespierre famously put it, _"no one likes armed missionaries; and the first advice given by nature and prudence is to repel them as enemies."_ _This_ is precisely why someone like Nietzsche appropriately calls out the resentment-fueled mystification and inevitable civilizational thanatos embrace that is "Christianity", not because of that fact of resentment alone, but because that resentment is foundationally/inherently *_dishonest_* when the context of imperial class domination is lost, making it an effective form of social control. _"The slave revolt in morality begins when 'ressentiment' itself becomes creative and gives birth to values: the ressentiment of natures that are denied the true reaction, that of deeds, and compensate themselves with an imaginary revenge."_ - Nietzsche All of this is to say, the "mode of production" of capitalism is at the root here of course as it alone is what organizes material reality at its most foundational level in terms of ownership/control of property, out of which social relations (language, art, culture, law/government, etc.) emerges layered on top, shaping our entire ontology and thus directing the way we perceive both reality and each other. What a surprise that all of these specific (but arbitrary/subjective) cultural shibboleths/identities are consistent only in their inconsistency, but entirely unified in an overlapping consensus that emphasizes above all else a totalizing acquiescence to the _actual_ root of _all_ of these social antagonisms which has uncoincidentally become a third-rail to even mention in any context other than utter reverence...CAPITALISM. _"The bourgeoisie cannot exist without constantly revolutionizing the instruments of production, and thereby the relations of production, and with them the whole relations of society. Conservation of the old modes of production in unaltered form, was, on the contrary, the first condition of existence for all earlier industrial classes. Constant revolutionizing of production, uninterrupted disturbance of all social conditions, everlasting uncertainty and agitation distinguish the bourgeois epoch from all earlier ones. All fixed, fast-frozen relations, with their train of ancient and venerable prejudices and opinions, are swept away, all new-formed ones become antiquated before they can ossify. All that is solid melts into air, all that is holy is profaned, and man is at last compelled to face with sober senses his real conditions of life, and his relations with his kind."_ - some guy again (Marx), a bit optimistic at the end we wouldn't just choose individual delusion while the planet literally burns around us...

[@neilinaluaracailie]

Hello I'm neilina luara cailie from Washington DC.I’m a Financial Adviser, a digital account manager @coinbase, also a pro stock broker. I trade and manage individuals account.

[@neilinaluaracailie]

​@@Bisquick hello I'm neilina luara cailie from Washington DC.I’m a Financial Adviser, a digital account manager @coinbase, also a pro stock broker. I trade and manage individuals account.

[@ericprunty3734]

A weak dolllar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against recession and inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $300k

[@spanky7277]

shove it under your pillow .

[@mythrodos]

Inflation is the literal increase of the money supply created by government. As a result of increased supply prices rise as the demand from the consumers increases as a result of increased supply. Thats why inflation is a “money-eater” because the costs of good increases. You can use that to help pay off loans “faster” because the value of the dollar becomes weaker. The catch 22 is that if you do not have increased income generation as a result now you’re also buried deeper into the financial sinkhole. 😢

[@etniks69]

BUY GOLD AND SILVER in metal, not 'cerificates". Have posesion physically of the metal, not in a bank where it can be stolen, as it happened in 1945 by Roosvelt.

[@_UNISTAR_]

Ad bot comment. Don't fall for it.

[@neilinaluaracailie]

Hello I am neilina luara cailie from Washington DC.I’m a Financial Adviser, a digital account manager @coinbase, also a pro stock broker. I trade and manage individuals account.looking for a financial adviser I'm here.

[@misschristy7020]

Thank you Dr. Wolff

[@isao5257]

Prof. Wolff. Please consider making a video(s) about the de-dollarization and what impact that might have on people in the states and world. Also, what we can do to minimize the impact. Thank you.

[@nthperson]

Any investment advisor will recommend diversification. Depending on your need for dollars to meet ongoing expenses, you might consider going to the bank and exchanging some of your dollar assets into other currencies or acquire and hold precious metals.

[@reidcrosby6241]

That would be a HUGE crystal ball move.... history is easier to wrestle with . The permiations and combinations are near impossible to anticipate.. too many variables.. just look at The Coco bonds failing and losing 11 billion Credit Suisse failing (allowed to fail) and then being snatched up. This was by design...who would've known.?

[@ssuwandi3240]

Sanctions of Russia oil is backfiring..the tankers simply go out for free markets in China and India.. basic trade principle 👉 the consumer cannot dictate the wholesale prices. G7 is asking for upshot in energy prices for to shortages..

[@ssuwandi3240]

Banning a global supplier of commodity is like Globalist fantasy over Industry 4.0. Sounds great in theory when in fact the premature renewable technology isn't that feasible because the cost of production is very expensive..Suicidal leadership

[@vishalkhanna1476]

Hi I'm continuously accumulating Natural gas on dips expecting to be dollar 5..your thoughts n advise cmp 2.3 Dollar High 9+ Dollar .....imp you may ask all ur well wishers to take advantage....buy on dips wait for dip!!

[@حسینهروی-ض5ر]

Thanks!

[@dr.zoidberg8666]

Positive change in the world is starting to become visible. It's like a dim, distant light on the horizon of a very dark, very long night.

[@Koyasi78]

The sun is setting on the west

[@MichaelEvanick-de2tw]

One of your best my friend!!!

[@oscarnmhaffmans]

An invaluable description of The Bigger Picture and the Ukraine Debacle. I will forward your video to all Dutch MEP’s. Maybe other viewers will follow my example in their respective home lands. Our Western politicians need some Prof. Wolff education. Hopefully this will contribute to ending this lopsided war which causes havock among the Ukrainian people and MUST stop NOW for humanitarian reasons. We the people have to persuase our politicians to stop contininuing this war. So please raise your voices and that of our beloved professor. Peace.

[@johnchan6955]

Breathless! I am always looking forward to Mr Wolff’s lectures and comments on economic and political issues of the day! What a powerful mind and astute observations !

[@JCGErvin]

Amazing, enormous shifts underway… Very thankful to have Professor Wolff provide his views.

[@vishalkhanna1476]

Hi I'm continuously accumulating Natural gas on dips expecting to be dollar 5..your thoughts n advise cmp 2.3 Dollar High 9+ Dollar .....imp you may ask all ur well wishers to take advantage....buy on dips wait for dip!!

[@brandoncorrie472]

Spot on Mr Wolff. The last question is most definitely the most important. Sending regards from South Africa. 🇿🇦

[@ImagesOfCountries]

Such a thought-provoking presentation by Prof Wolff offers impactful insight into the world of today !!! ... 👍

[@anandagarwal7237]

Excellent analysis Sir thanks a lots 🙏

[@andersonmachado9739]

Great explanation about how the world is comforting for the new markets and economy, new countries are emerging, and new businesses are coming to stimulate new economies .

[@RyanMurphy571]

Excellent information, and I appreciate your breakdown! Even with the recent drop in crypt0, I'm glad that I can still grin at my $56,700 portfolio, which I built up quickly from my weekly trades.💯💌💯

[@RyanMurphy571]

​@Eric-RobertI would recommend you get started with a professional broker that will trade for you while you get the profit,I have been investing in stocks cks and crypto for over 6 years now and I was surprised to see i made over $473k in just the past two quarters

[@RyanMurphy571]

+162

[@RyanMurphy571]

8227

[@RyanMurphy571]

9441

[@RyanMurphy571]

She's also reachable via wa sapp..

[@mocoroco6028]

A very clear and concise analysis of the western socio-economic realities and trends - thank you Richard!

[@MrLouladakis]

Thank you professor your work helps all of us!.

[@daskharepreeti]

Thank you Professor for joining the dots so correctly. I am from India..have lived and worked in US UK and can clearly see what you're saying. The common man is being impacted everywhere because the last few decades created a huge economic divide. A new order will surely emerge because it's gone too far

[@tschoong3897]

Workers in developed and developing countries should start to think differently and organise themselves in such a way not to rely on the rich to provide employment and food on the table. What kind of new world are we going to have? Workers will have to start thinking of new ways to earn a living or to provide food for the family.

[@baraldanny]

Working class and thinking.... Good luck!!!! They love Trump

[@pritidodhia5059]

Beautifully explained even those who may not have much knowledge or glimpse on how economies work. In their daily lives. Extraordinary.

[@ansonosmond]

Thank you for the updates!

[@jgalt308]

Different day, same B.S.

[@Raymondjohn2]

Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues.. well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60. I need suggestions on what investments to make..

[@hermanramos7092]

I'll suggest you find a mentor or someone with experience guide you especially in this recession. especially for your 401K, IRA and portfolio diversification.

[@lipglosskitten2610]

I agree, that's the more reason I prefer my day to day invt decisions being guided by a init-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a init-coach for over 2years+ and I've netted over 2.8million.Read more

[@kenanporubsky2122]

@@lipglosskitten2610 I've been thinking of going that route been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think your Inv-coach could guide me with portfolio-restructuring..

[@lipglosskitten2610]

@@kenanporubsky2122 I've shuffled through a few advisors but “Catherine Morrison Evans” remains the most resourceful thus far. Her strategy proves profitable, and sustainable both in a bull & bear market. Most likely, her deets can be found on the net, so you can confirm yourself..

[@kenanporubsky2122]

@@lipglosskitten2610 Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted Catherine’s full name into my browser, and her website came up first in search results. She looks flawless.

[@ghesoonkarim602]

👏👏👏 only a few like yourself who understand exactly what is going on 😊 keep informing the public and thank you

[@alexyoung3126]

Market declines, soaring inflation, a significant increase in interest rates by the Fed, and rising Treasury yields all point to additional losses for portfolios this quarter. How can I profit from the present market turbulence? I'm still debating whether to sell my $125,000 ETF/Growth Stock portfolio.

[@oneiljerry9460]

Concentrate on two main objectives. First, keep yourself safe by knowing when to sell stocks in order to limit losses and maximize gains. Second, get ready to benefit from market changes. I advise consulting a CFP or other professional for advice.

[@stephaniestella213]

@Zahair O'Brian my 401k growth has been stagnant since the 2019. I wouldn't mind consulting the advisor who guides you, I really want to grow my retirement fund since I could retire in 3 years.

[@stephaniestella213]

@Zahair O'Brian Thanks, 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.

[@miropribanic5581]

here is my advice: contact Belaggio Financial Consulting in Las Vegas, they have innovative ways to handle your money...you will be free of all worries.

[@nthperson]

There is an Australian investment advisory service run by Philip Anderson who utilizes a very sophisticated statistical model to determine where markets are within their historically-repeating cycles. You might check out what he has to say. Several of his interviews are on KZbin.

[@zdzislawmeglicki2262]

The offshoring of manufacturing operations away from the US has proven to be a national disaster of unprecedented proportions. This is because manufacturing is everything. Whoever manufactures, wins. It's not only workers. The whole fabric of an advanced society builds and thrives around manufacturing: engineers, designers, factory floor management and maintenance, supply and distribution chains, marketing, etc. Take all of this away and you end up with a nation of stupid people and a handful of finance gnomes who'll fritter their wealth away eventually as the currency that no longer represents anything real dwindles and evaporates.

[@tholmes8474]

stupid, bitter and hateful.

[@kennydlite]

This isn't a Democratic issue. This isn't a Republican issue. This is an issue for those who are not a billionaire. The people in power are the ones who horde the mlst wealth and shape the world that benefits them and only them. This is the first video I've seen of Democracy in Action and damn did I appreciate it. Powerful and poignant Edit: typo

[@jamesclay234]

[@margaritasbunny]

An obvious way to lnvest for a recession is to buy shares in businesses that are likely to experience steady demand even in a downturn. Typically, those are consumer staples, utilities, and healthcare companies, but off course such decisions cannot be made by an average Joe, a financial advisr is important in making this decisions

[@Patriciacraig599]

@@margaritasbunny Such considerations can certainly have a role when I think about whether I ought to buy into a share. But I never purchase purely on that basis, i always have to seek the adv!ce of my financial-planner who has helped me gain $985k in a well-diversified portfoIio that has experienced exponential growth

[@FeliciaJudge]

@@Patriciacraig599 I wholeheartedly concur, i have thought of engaging with an lnvestment coach, but don't really know how to get one.

[@Patriciacraig599]

@@FeliciaJudge Big Credits to '' Elizabeth Pan Holt'' she has a web presence, so you can simply search for, there are some others but it might be difficult to get them, but Viviana has been a good guide through the year.

[@FeliciaJudge]

@@Patriciacraig599 I looked up Elizabeth Pan Holt online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-markt

[@elisiodominguesdesouza5388]

Thanks for this excellent video!

[@knowbuddee]

Whistle Blowers, Leakers & Truth Speakers are heroes! Let Truth Crush Corruption! Be Smart, Have Faith & No Fear! Please C What U can do!

[@jgalt308]

There is Cosmic Wisdom in this Simple Question My late father was what you might call a secretly brilliant country boy. “Rick” was a big fat man with a salt-and-pepper beard and a baritone voice. He loved to fiddle with cars, so he wore grime-stained clothes. When he got angry, all manner of colorful things flew out of his mouth. There was no mistaking him for a doctor, lawyer, or college professor. Still, his brain doubled as an encyclopedia of useless facts, which means all the people he loved eventually lost to him at Trivial Pursuit. He could be silly, crude, and frequently a glutton, or warm, witty, and occasionally wise. But on first impressions, people saw him as the punchline of a Jeff Foxworthy joke - that is, until he managed to slip something charming or profound into the conversation. Otherwise, he was a truck driver, which meant he identified with the working man. Elites, therefore, tended to underestimate him. But, despite too many flaws to count, my dad had a strong sense of dignity and fundamental equality. He greeted those who overstepped with a simple question that is woefully under-appreciated today: Who do you think you are? Let’s dive a little deeper into the wisdom of this question. Imagine living under a regime: Whose authorities force you to bankroll both your censors and the propagandists you despise; That punishes those who reveal state secrets, but not state actors keeping secrets from the people; That requires you, your children, and your grandchildren to suck bilgewater out of over-leveraged banks while the bankers dine at Le Gratin; Whose officials force you to pay for your children to be taught that lies are truths and truths are lies; That mandates you put woefully under-tested therapies into your body to keep your job. One could go on ad nauseam. We don’t have to imagine living under such a regime. But with each point, that simple question rings in my head - my father’s baritone voice booming with rectitude: Who do you think you are? As our Empire sinks into the sea, red with blood and ink, we export war machines and sleep under the watchful eyes of a doddering fool and a thousand Col. Jesseps who remind us daily that we can’t handle the truth. Who do you think you are? As the newspapers of record abandon their adversarial beats, what’s left of journalism has been taken up by comedians with podcasts. The rest - these boot-licking Columbia j-school grads - skin their knees trying to get a taste of power and prestige. Who do you think you are? As the Central Banks run dry, their functionaries wait in obscurity as predators to configure a system Mussolini would have cheered. Soon a few monstrous technocrats - the same ones who made this mess - will control every penny in your Fed account and, therefore, you. Us vs. Them In the rabble’s courage, something timeless awakens - the courage of musket-bearing yeomen pushing into advancing redcoat regiments, of Ms. Parks with her stiffened spine, of Mr. Snowden giving up the life he once knew so that we could all know. Legions of fools stay distracted by left versus right. We know the real war is us versus them. And a few anti-authoritarians are getting wise to it. It only takes a few. Remember, the only rational answer to that simple question is: Because I am someone with the power to compel you. There is no other suitable answer. Those at the highest echelons don’t have genes that confer special powers. God does not anoint them. And “democracy” is just a spectacle by a power-sharing cartel that paints legitimacy on a protection racket. Those who stand up for justice realize that the authorities have limited power to compel us if we bear arms, lock arms, speak up, and remember to be brave for our kids. As writer Jamie Bartlett wisely observed, [Nation-state authorities] rely on control. If they can’t control information, crime, businesses, borders, or the money supply, then they will cease to deliver what citizens demand of them. In the end, nation-states are nothing but agreed-upon myths: we give up certain freedoms in order to secure others. But if that transaction no longer works, and we stop agreeing on the myth, it ceases to have power over us. The transaction no longer works. Our job, then, is to make sure our voices ring out in the minds of our children after we’re dead. For that simple question is the last check before discourse turns to destruction. So, if ever there were a mantra for righteous revolutionaries, an anthem for redneck satyagraha, it would be this: Who the hell do you think you are? Max Borders - April 23, 2023 Reading Time: 3 minutes

[@jillfryer6699]

like your definition - 'democracy - a spectacle by a powerful cartel that paints legitimacy on a protection racket'. Everyone has seen through it forever in my long lifetime but no one knows what to do about it, yet. Much has been tried but this is a powerful enemy.

[@ramkanjeenterprises5416]

Very good analysis proffesor. Clear and to the point.

[@hosseindod2538]

Thank you Dr, Wolff T very very interesting and deep subject and thinking

[@waywardgeologist2520]

12:43 you get a rapid rate of economic growth when you start from abject poverty and you allow people to freely exchange. The reason you don’t see it in the US is it’s a highly regulated and ridged system, not free.

[@jetstream3528]

For the truth I come here. Thanks Professor !!!!

[@Mellisa026]

Professor Wolff, thank you so much for your work. I absolutely agree with all of the issues you raise in this piece. Still, I can't help but be reminded of the recent military conflicts that have lasted 20 years, cost taxpayers trillions, and claimed the lives of hundreds of thousands of people - only to fail in its primary objectives. As columnist Eric Alterman writes, the question of who won the war on terrorism has a clear answer: “the ex-generals and admirals and other defense contractors who made millions off of it.” Surely, the military-industrial complex issue is what is at the heart of the crisis of capitalism that we speak about.

[@ZC965Tt]

Is it too sensitive to talk about such topics on KZbin today?

[@luci75d76]

Nobody can explain it better than professor Wolff.

[@jgalt308]

Then you are really screwed!

[@NN-ul4oy]

​@@jgalt308 Oh, Galty coming here only to bully people again. Must be a lonesome man.

[@jgalt308]

@@NN-ul4oy Thus elevating that concept to a whole new level.

[@GrandmaCathy]

💯

[@helengarrett6378]

If Professor Wolff is correct that we are about to have happen to us that has happened to Great Brittain then I'm not a happy camper. You all know why. I don't want to see the country that I depend on fail. If there is going to be less then I am certain that there will be much less for me. There won't be enough for me at all. That's what is happening in Great Brittain to people like me. Working folks there are suffering hunger, the health care system has not collapsed but it's very squeezed. Housing is unaffordable and and the affordable stuff is not being properly cared for. Gee whiz, that sounds like how I live here and now. Seeing America become a second string nation doesn't give me any hope at all. It's actually scary. In the poorest countries any system that does any damned thing at all for the poor is going to be hailed as an economic miracle. We did that in the 1930s when Roosevelt reformed a country in which a quarter of us were ragged, starving and unemployed. Now China is bringing its urban workers out of desperation of a couple or three generations ago to a much more hopeful place. I remember my mother telling me to be thankful for my dinner because people in China were starving. They were. Famine was all too real. I was a skinny, picky eater as a little kid and even as a five year old in some dim way I was aware of the desperation of people in China. China has come along quite well...in the cities. But the peasants are far behind even now, though not going through famine and starvation anymore. A Chinese farmer's life is really hard. Grindingly hard. I don't want to live there where I have to be either regimented and worked very hard under strict authority of a greedy boss or bust my back on a farm and have less than I might have in a factory under miserable regimentation. I 'm not lazy but I DON'T want to work like a Chinese factory worker or a rural village farmer while not having the right to protest my situation. Here's where I part from Professor Wolff. He is extolling a new grouping of BRICS countries and some hangers on that are betting of the success of it. But I don't see many democratic governments among them. I only see strongman led governments that have joined together to break the West. No doubt, the West deserves a drubbing. I don't like the almost constant wars that the United States and their allies have indulged in. I resent the gulf between the 1% and everyone else and I am desperate to assure that my social security will sustain me until I die. I do not like living under a Capitalist scheme. But we have not quite lost the one great thing about our political system. We can protest. We can organize. We can lay down our work tools and refuse to work under unacceptable circumstances. The right to organize and protest isn't allowed in those strongman led countries. Who among you want to live in Saudi Arabia as a working class person ? Who likes how women are treated there? How about Iran? Do you want to be a working class person there living under a misogynistic and theocratic system? Right now Iranians aren't too thrilled about their strongman led political system. Putin's Russia? Do you want to live in a country where dissidents are imprisoned or poisoned? Do you want your leader to be a petty dictator or an aggressive bully? China's Xi is yet another very self satisfied strongman who has turned his Socialist country away from that style of living to develop a "private enterprise" system. It's a system that's like a boil on the behind of its previously socialist nation. After the Chinese Revolution, there was much fervor but there was still much privation and something had to change but I think it was totally unnecessary to throw the baby socialist idealism out with the bathwater. China could have let the people in those factories own them and still become America's manufacturing center. (Not that I approve of all that industrial offshoring.) China could have taken a really Marxist turn and let the people own the means of production instead of privatizing those factories. But no, they chose to turn to capitalism instead. Now they have an elite and rich group who have already crashed part of the banking system due to real estate speculation (some depositors still have not been reimbursed after the bank failures) and there is youth unemployment and hunger and lots of dislocation for factory workers and above all repression. They chose to regiment workers instead of freeing them to become socialist cooperative workers owning their places of work like the Professor teaches so eloquently. This isn't progress. It's capitulation. I don't want to be a working person in any of the BRICS or brics-associated countries. Honduras or Fascist Hungary is a bastion of freedom? I can't stand what Capitalism has done to my life or any working person's life but I can still ORGANIZE. I don't think I am going to prison after all that I've said against Capitalism (unless Trump wins in 2024. Then all bets are off!) We can still strike and fight even if the rich do whatever they can to break a strike. We can still write about all the unfairness. There have been times when even here democracy failed workers. But we fought back. We can still fight. That's why I keep saying socialism wedded to democracy is the only system likely to really give working folks a chance to better themselves in the current world as it is sorting itself out. I won't support Xi or Putin or any Ayatolla or Saudi King. I am no lover of India's Mohdi either. I want the real deal. I want Socialism and Democracy. I want workers to own the means of production. I'm not falling for this crap that China's capitalist success is anything but taking advantage of workers for the benefit of a privileged few. It's better than famine but it's still wrong. By its nature Capitalism still uses workers to enrich the privileged few. I am against it even if the few are rich and the rest aren't starving and ragged. The Chinese people are lied to by their government about a lot of things and they cannot do anything about it. They are threatened not to have a bunch of kids and now they are being told to have more but they aren't thrilled about unaffordable big families. Aw heck! I could go on and on but this is useless. Either you believe in people power, socialism and democracy or you will run off a cliff led by Professor Wolff who pretends to be a Marxist but supports authoritarian governments. I love his Marxism not his Capitalism.

[@lordhegamonster6931]

Not one authoritarian Communist will respond. They lack critical thinking skills 🇺🇸

[@ihavenojawandimustscream4681]

​@@lordhegamonster6931 do you even read the comment

[@kateoneal4215]

Thanks again, Prof! Much appreciated.

[@pacifistttt]

Thank you for this stream. I think you're videos are extremely educactional. Most people have been indoctrinated to love Capitalism while they have no capital and suffer from it. Your streams should be shown in schools.

[@jamesberry7150]

It's strange that a guy from the beginning of America can explain capitalism that still holds true today.

[@LuisAldamiz]

The essence of the system is the same.

[@jgalt308]

Which guy? Which beginning?

[@jamesberry7150]

@@jgalt308 Adam Smith, wealth of nations.

[@jamesberry7150]

@@LuisAldamiz the shipping scams used then are still in force today.

[@jgalt308]

@@jamesberry7150 So a work published in 1776 when "america" ( the U.S. ) hadn't begun and "capitalism" was just beginning to emerge. Hardly an "explanation" of capitalism or the existing forms of government that actually existed. This is not to say that it does not represent a "description" that offered interesting observations regarding what did exist...it just does match your understanding of what is being described. Mark Blythe has devoted several recent interviews with guests regarding this period, free markets and Smith...which you might find interesting.

[@MrDXRamirez]

The Clean Water Act is a good example of legislation that does not go far enough. Here lies the exclusive ability of the two political parties to legislate only that which concerns its own national interest. Even if it is heavily enforced the enactment protects America’s waters... the legislation does not protect the oceans and rivers as one interconnected hydrological force of nature as a whole.

[@truthaboveall7988]

Obama passes clean water act Trump reverses clean water act we r always in this situation flip flopping & solving nothing

[@MrDXRamirez]

@@truthaboveall7988 That is how the American people are played, manipulated, fooled, turned into suckers for voting the same two parties over and over again. Mexico got smart and voted AMLO and their two parties called PAN and PRI, identical to Republicans and Democrats, were voted OUT!

[@jetkastrokdova]

After a horrendous 2022, shell-stunned financial backers have misfortunes to recover and a lot to consider, as an expansion report and a pile of different information did close to nothing to change assumptions that the Central bank would probably keep climbing interest rates regardless of whether the economy dials back, And that implies more red ink for portfolios for the principal quarter of year 2023. How might I benefit from the ongoing unstable market, I'm currently at a junction choosing if to exchange my $250k security/stock portfolio

[@MarthaDavis-fh6cw]

Centre around two key targets. In the first place, remain safeguarded by realising when to offer stocks to cut misfortunes and catch benefits. Second, get ready to benefit when the market turns around. I suggest you look for the direction a representative or monetary consultant.

[@bobbyrussel-ob9oj]

@@MarthaDavis-fh6cw >In-fact, ever since coronavirus I've been in regular conversation with financial examiners. Nowadays, buying moving stocks is quite easy; the trick is knowing when to buy and when to sell. The section and leave orders for my portfolio are made by my counsel. accumulated more than $550,000 from a $150,000 savings that was initially stale.

[@Gracej34]

@@bobbyrussel-ob9oj 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.

[@margaritasbunny]

@@Gracej34 I understand that tomorrow isn't promised to anyone, but investing today is hard for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path

[@Gracej34]

@@margaritasbunny credits to "ROSEMARIE AGATHA ALLORA", one of the best portfolio manager;s out there. she;s well known, you should look her up on the net if you need assistance

[@miloradbajic8318]

Fantastic and very trutfully.

[@Joy3269]

Brilliant Video, Wonderful Video, Amazing Analysis & very Genuine Presentation. All must watch & appreciate.May God Bless Prof Richard Wolff For Speaking thr Truth. May God Bless him. The World today needs Good, Honest, Dedicated & Genuine Human Beings Like him. We will akways pray for him. May God Bless him. May God Bless "Democracy at Work". Amen.

[@Lordlindef]

This gad as all farrytail this gad ur talk about thats Just some made up and has made history shanged many many times. Just pointed out some facts here. I did get and understand what ur says and means 😉 It is one easy step all can be doing for a start. All can stop see ore have tv on Main stream media. And lock at this People and many many more thats really show world whats News really are all time. Main stream media is owend of this elite thats make desides what shud be seen for People and not. Cos the worlds People wuld be taking out all elite thats make them talk and show "what them want you to see and belive in" Just see trucker Carlsen and what Just happend there. Facts are all over the KZbin and so many other platforms that all can get to see and understand how it all works and whats the true really are... That shud be all People first bid

[@LyricalLover3]

Always come away knowing more Thank you Professor 😊

[@rodolfosaluto8344]

Beautiful Program. Well done.

[@wlf9108]

When do you think the big transition will happen? At the top?

[@JMoroccoMisterBoy]

Prof./Dr./Mr.Richard D.Wolff: Tks. much.

[@lunaflora7542]

Good info. Thank you for the great work.

[@brianwhitehawker1756]

Stockss are falling and bond yields are rising, but markets still don’t seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $300k stocck portfoIio, what’s the best way to take advantage of this bear market?

[@codeblue11]

You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.

[@andersonedward787]

A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, 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.

[@geraldt331]

That’s impressive, Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.

[@andersonedward787]

LEILA SIMOES PINTO. You can easily look her up, she has years of financiaI market experience.

[@lucaswilliams9992]

Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

[@guyshagmore1873]

A well schooled clarity in understanding of current Global economics -suggest reading Dr. Wolf’s marshaled mechanics on the subject.

[@larry-2]

Some economists have projected that both the U.S and parts of Europe could slip into a recession for a portion of 2023. A global recession, define as a contraction in annual global per capita income, is more rare because china and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.

[@Gabrielle..]

My main concern now is how can we generate more revenue during quantitative times? I can’t afford to see my savings crumble to dust.

[@luis-gabriel1]

It’s a delicate season now, so you can do nothing or little on your own. Hence, I will suggest you get yourself an investment manager that can provide you with valuable financial information and assistance.

[@michaelfranklin.]

Very true! I’ve been able to scale from $150k to $439k in this red season because my financial advisor figure out defensive strategies which help portfolios be less vulnerable to market downturns.

[@Barbara0015]

@@michaelfranklin. Please who’s your advisor, and how can i reach this advisor of yours, because I’m seeking for a more effective investment approach on my saving.

[@michaelfranklin.]

COURTNEY HEATH WILLIAMS! That’s my licensed Investment advisor. he's well accredited and proficient to help you through managing and guiding you in building a good investment.

[@Dare2Blink]

Great video but I have to issues with this video: The first one is that the biggest misscalculation that the west had with regards to the conflict in Ukraine what not that Russia had many friends, the error was in thinking that GDP actually means anything. What this war has shown is that GDP is a scam thst does not take into account what really matters when push comes to shove, namely industrial production and access to raw materials and energy. The second issue I have is with regards to the question you pose with regards to what comes next. It's clear that China has no desire at all in becoming the next empire. China has been the most powerful country in the world 3 or 4 times in history and it never set out to conquer the world. The BRI shows that what they want is to trade with the world, and to develop the world along with them. The real question is weather or not the neocons in the US don't lead us into ww3 as China overtakes them and the BRICS become the next center of the world.

[@buzzardman2963]

I fear war is on our horizon and it will 100% be the fascist empire of America that starts it.

[@MahdiBanners]

The US never persued peace between parties in the middle east but she rather sought capitulation, surrender, and submissions from one party in favour of another. And because the US was an involved element in these conflicts, in fact it was and still is a major driving factor for these conflicts . That's why other parties didn't trust the US because they saw it as a foe who is sitting on the other side of conflict and can never be a trusted impartial mediator. You can not be the plaintiff and at the same time be the judge. China on the other hand is totally different, that's why China succeeded in striking a peace deal between Iran and Saudi Arabia.

[@robertseaborne5758]

Thanks Prof, all your videos are valuable and this one is particularly so. Your storying cum lesson on the rapidly changing global socio-economics is a well researched and concise as any on the web. It affirms the wisdom that underpins China's ability to synthesise capitalism and socialism (a very ancient yin/yang quality) thereby making such rapid progress over recent decades. Your story also points toward a multipolar world order that would have leaders among equals rather than a single unipolar leader such that the U.S. now is. In the unlikely event that the present U.S. administration somehow gains sufficient nous and courage to participate in and contribute to such a multipolar world order, rather than continue to belligerently oppose it; the best the U.S. could hope for is to be regarded as a leader among equals.

[@LuzdoSol00]

That's the kind of video that put you at ease in uncertain times. If you know past/ reality and predictions of where we are going it's already a winner. Great Lecture, Thank you!

[@boombot934]

E need a world🌏🌹 without weapons🔫! 😢

[@bethmcgill5944]

Glad you broke down these trends in understandable terms. Thought I would only view part of this video, but was immersed til the end.

[@DonaldMark-ne7se]

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.

[@JacquelinePerrira]

Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my returns on investment

[@kevinmarten]

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.

[@Jamessmith-12]

Exactly why i enjoy market decisions being guided by a pro , seeing that their entire skillset is built around going long and short at the same time both employing risk management and market experience , been using a portfolio-coach for over 2years+ and I've netted over $3million in that time frame.

[@JacquelinePerrira]

Could you possibly recommend a trustworthy advisor you've consulted with?

[@Jamessmith-12]

Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@michaelmcgarrity6987]

Our Education System is poorly suited to support large Scale Manufacturing. I worked in American Factories in the 1970s and was packed with; Chemistry, Geometry, Mathematics, and Physics skills gained in Grade School. I learned to Code in 9th grade 1972. I'm horrible at Coding but it was beneficial to understand it. The US needs significant improvement in Education. Whatever Operating Systems used, basic Skills are needed to function. It may take a generation to improve basic Skills of American Citizens. TY for Report.

[@michaelmcgarrity6987]

@@The1Elcil In College or Sr. High School. I help Children with homework. Curriculum change is easy to see. They no longer teach Greek or Latin in Grade School anymore either. Educational standards are dismal now. We are raising a Generation of ignorance.

[@jillfryer6699]

@@The1Elcil No they are not. Not in Anglo lands. Not in primary/grade schools and only in secondary to a small group who are likely getting their main instruction at home or elsewhere, and thus it has been for 50 years+.

[@nolitetebastardescarborund9761]

@Michael Mcgarrity I went to Grade School 1944-1952. I never learned Latin or Greek in those years. Latin in High School, no Greek ever. You must have gone to school in the 19th century.

[@michaelmcgarrity6987]

@@nolitetebastardescarborund9761 I went to poor inner City Catholic Schools with Christian Brothers and Nuns as Teachers. Long after, I learned from Neuroscience that Children have high neuroplasticity, ideal for learning Languages.. I tried very hard to learn Japanese language in my early 20s, it was incredibly difficult compared to learning Greek and Latin as a young Child. We should take advantage of Young Children amazing Learning Abilities. Geometry and Mathematics is much easier to learn when young. I taught myself using Library Books because I had an obsession with Astronomy. It was far easier teaching myself Calculus and Planetary Orbital Geometry as a young Child than learning Algebra as a Teenager.

[@nolitetebastardescarborund9761]

@@michaelmcgarrity6987 I agree, if you went to Catholic schools, where standards are higher than in public schools. I once read a comment by Margaret Mead that it is "well known" that teaching arithmetic to young children before they are ready is a bad thing. I've never found any reference to her affirmation, but in my own case I can state it's true. I have no idea why I was so bad at arithmetic that I was to be left back in third grade. (I suspect something psychological was in play here.) With no solid basis, later on geometry, etc. were hopeless for me. Apart from that, I agree 1000% that kids should learn languages as early as possible, from the cradle if someone-one parent, a grandparent, uncle, aunt, family friend-speaks an(other) language(s). I've known kids in the US whose parents spoke a foreign language & who learned two languages with no problem.

[@zaramatthan8447]

Simply outstanding! Thank you, professor!

[@gsssbsbjdkfdmjd]

A single income or relying on government support should not be every employee's dream or mindset, but having an investment plan by purchasing good stocks as income support and retirement is the best option one could take in life. economy of the country (America), which is unfortunately about to crash. According to the statistics of so many intermediaries and observations, the government does not pay attention to its economy and its citizens, but is investing in wars (Ukraine and Israel).

[@gahshdsjdndnjd]

Having an investment plan by purchasing good stocks as income support and retirement is the best option one could take in life

[@gajsssnsmdndn]

Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

[@DeboraGruba]

Do you mind sharing info on the adviser who assisted you? I'm 54 now and would love to grow my stock portfolio and plan my retirement.

[@hannahdonald9071]

In light of the impending recession and the fact that inflation is still far higher than the Fed's 2% target, several of the most prominent market analysts have been expressing their views on how terrible they believe the next downturn will be and how far stocks may have to fall. I need advice on what investments to make because I'm attempting to create a portfolio for my children that will at least be $850k in value.

[@trazzpalmer3199]

There are many 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.

[@graceocean8323]

@Finest Bear Hug We’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides you help?

[@hannahdonald9071]

Right now, I'm literally hanging on by a straw, so your advice couldn't have come at a better time! I'll look her up on the internet and then give her a call.

[@graceocean8323]

@Finest Bear Hug She appears to be a true authority in her profession. I looked her up online and found her website, which I browsed and went through to learn more about her credentials, academic background, and career. She owes me a fiduciary duty to act in my best interests. I set up an appointment to use her services.

[@garynass2033]

Our only hope is radical equal systems change. Thank you Mr Wolff, your talk was beautifully articulated. Now it falls to us the people to bring forth the new models for change.

[@peejaydandoy2889]

Courage has taught me no matter how bad a crisis gets any sound investment will eventually pay off. I feel exceptionally lucky I started investing in my early 40s and compounded my income to create more cash flow. Forever grateful to my F.A Trisha Jean Webb, I grew to a 7 figure well-diversified portfolio having exposure to different prolific investments mainly stocks, bonds and high yield dividend funds. Its been a year of steady growth.

[@JuneroseCarcina]

The market is now more volatile than I have ever witnessed before. no one knows what will happen next, so practice some humility and stick to a long-term approach.

[@arielparker3940]

I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.

[@JaneIlo-ty6tl]

@@arielparker3940 My advisor is Trisha Jean Webb , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@davidjones8846]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@nathanwestford2065]

Just wait for the market crash and load up on stocks at a discount. I don't understand why people are scared about the crash.

[@petergreen5337]

Thank you very much for this lesson.

[@vdharma]

"The realities on the horizon" - one of the most inspiring speeches that I have heard in a while

[@neilinaluaracailie]

Hello dear I'm neilina luara cailie from Washington DC.I’m a Financial Adviser, a digital account manager @coinbase, also a pro stock broker. I trade and manage individuals account.