I plan to retire at 62 in another country outside the US that is free, safe and very cheap with a high quality of life. I could fully just rely on only my SS if I wanted to when that times arrives but I'll also have at least one pension, a 403 (b) and a very prolific lnvestment account with my Abby Joseph Cohen my FA. Retiring comfortably in the US these days is almost impossible. I honestly don't understand why people don't move to another country when they get older in retirement. It seems everybody has excuses for almost anything to not take action to better their situation.
@dilara41306 ай бұрын
I know this lady you just mentioned. Abby Joseph Cohen Services is a portfolio manager and investment advisor. She gained recognition as a former employee at Goldman Sachs; a renowned investor she is. Abby Joseph Cohen has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.
@aydin62196 ай бұрын
@dilara4130 How do i reach her, if you don't mind me asking?
@dilara41306 ай бұрын
@aydin6219 Her name is 'ABBY JOSEPH COHEN SERVICES'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
@emmabeyza60366 ай бұрын
Abby Joseph Cohen hooked me up with a late-stage fund that got me in on private shares of some hot companies before they hit the market or blew up. Those investments totally paid off when the companies went public and their stocks shot up. Now, I'm stoked because I'm heading into retirement with almost a million bucks in my portfolio.
@jayframes49676 ай бұрын
Glenn, lol, what country would that be? 😂
@HodgeChris6 ай бұрын
People try to predict the economy not realizing it is not a capitalistic market, its a command economy, central planning! my concern is, instead of having much dollar in bank that could lose value to inflation, do I save in gold to reserve and grow wealth for now, or just hang on?
@NicholasHarmon-ow3jl6 ай бұрын
truth is that gold serves as an inflation hedge in the long run, but not profitable in the short run. only thing you can predict is a strong effort of wealth transfer from the people to the powerful. luckily some folks find solution in financial advisors
@PatrickFitzgerald-cx6io6 ай бұрын
I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.
@PatrickFitzgerald-cx6io6 ай бұрын
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
@patternaid2805 ай бұрын
I think you have the answer that I have been giving to myself for a while. Gold is money, I go for gold if God wills it!
@jlskeptic3 ай бұрын
Excuse my ignorance... what actually decides the value of gold? If we're globally producing 110 million, 115 million Troy ounces of gold annually, how is the ounce price set?
@explorecriminalminds6 ай бұрын
Corruption is bringing us down in 2024
@EMan-cu5zo6 ай бұрын
They should have let it go down. It’s not like the businesses and housing disappears, everything still has value. It would have cleansed the financial markets of all the debt and let people who are mismanaging their money get the repercussions. It would have been a terrible couple of years but by know it would be stable. The next one is going to be that much worse. It will happen the question is when?
@EamonCoyle6 ай бұрын
I have got the feeling this weekend that loud warnings are being sent out about the strength of the $ !!
@Nova2Yung6 ай бұрын
i love these kind of videos, thank you moconomy team, very educational
@Moconomy6 ай бұрын
thank you, for watching.
@dilibau6 ай бұрын
Mulțumim!
@Moconomy6 ай бұрын
thank you very much.
@zomgoose6 ай бұрын
the corruption runs deep
@alessandroelhamri1106 ай бұрын
Corruption literally never been mentioned Although it happens, it’s not the point of the documentary. Instead the point here is bad decision and altered perceptions of the free market.
@giovannidibravato55765 ай бұрын
Rothschilds own The federal reserve
@jamesmichaelwalker6836 ай бұрын
This is a very strategic topic!
@losianoloveall6 ай бұрын
they're stealing
@Gmoneyluv4u6 ай бұрын
A mess for who????...The people at the bottom!!!
@nicholasr796 ай бұрын
Funny how the last graph shown was 9T in debt in 2010, but in 2024 the actually debt is *35T*
@twhelostl616 ай бұрын
This account is credible. Inflation is very tough to pin down. Politicians act as though they fear it. What really scares them is when prices stagnate or falter. You walk into any retail store at any time of year and there are markdowns and other incentives. It is a move to clear inventory and get it off their shelves. This is true for autos, homes, furniture, food, gasoline, and on and on. The break up comes when supply falls relative to discretionary spending demand. It is a moving target. The trouble in the 30s, 70s, 90s, 2000s happened because of policy which put spending and supply out of line. There are givens with each period, the point is that they were not an accident. Barbers bragging about stocks they purchased on margin in the late 20s was no different than home mortgages created for no down payment with terribly low interest rates. When the market cleared and prices down the clowns that created it swarmed in. In the present day, private equity is getting close to controlling over half of the homes in the US. Media, Tech, Hospitality, Farmland, Manufacturing all in the hands of billionares. Finally my take on interest rate policy is that when they are very low it benefits speculators. When rates are higher it benefits savings held in US Treasury notes. Comercial Banks are yanked back and forth in profitability. Money, all of it is born out of Debt. Richard Werner on KZbin is an absolute must for keeping up with it all.
@Kralicky15 ай бұрын
Agree 100%. The crash in 2009 was caused by repealing the Act that kept banks from getting over extended. The banks invested in risky mortgage derivatives. For a simple example it’s like when the bank sells ur mortgage to an other lender. They bundled junk mortgages (mortgage derivatives) junk bc they had been defaulted on already or loans w huge balloon payments. That doubled or tripled etc the cost of these mortgage payments that Americans had obtained in hopes of getting a better rate before these mortgage derivatives caused the fall of the economy in 2009. It never happened the rates remained high if not higher and then the loans were defaulted on and crashed the economy in 2009.
@khairulnaeim7566 ай бұрын
Bad thing happens... just two thing... greedy and crazy about power..that make human crazy...
@NoW_Is_TimE6 ай бұрын
I scalp stocks so as long as there’s a market I’ll find one going up 50% in a day
@anotherhairlessapewithanop74556 ай бұрын
sure ya do
@jamesmichaelwalker6836 ай бұрын
As a curious person, I love asking questions...... a) What should be the Fed Policy in a context of Inflation-producing economy era? b) Can the Fed simultaneously combine Restrictive and Expansionist Policies mainly in a context of an acceleration of Systemic Risks where some of them such as geopolitics tensions could be associated with inflationary pressure ? c) Is Currency war avoidable in a context of Price-sensitive Economy and Globalization?
@Toonottobe6 ай бұрын
Thanks for this
@paullunkes83836 ай бұрын
But this time it’s transitory….Janet and Jerome have said so…😂
@jamesmichaelwalker6836 ай бұрын
d) what are the similarities and differences of the 70s geopolitics and energy crises and the current ones?
@investorbettor5056 ай бұрын
24:49 and that is an economic term called “moral hazard” my friends
@mistawolfe85416 ай бұрын
One part omitted is the destruction of culture, wages & purchasing power through immigration. By pinning down natural per capita growth through induced supply increases, top investors and financiers win via access to credit whilst middle class is destroyed
@investorbettor5056 ай бұрын
It appears Greenspan did not understand Ayn Rand’s philosophy 😂
@who2u3336 ай бұрын
This is a 2013 production. Seems nothing has chaged.
@sssyria6 ай бұрын
The dollar is valued globally because the American consumer market & the system that dollar trades within is used as a parameter against ALL other commodities & products. It is a fact the US has enough population, useable land & other resources to back it with. Then also other currencies are FIXED against it
@investorbettor5056 ай бұрын
In the past 100 years you are correct but today that dollar is backed by guns and oil
@patrickgallagher2135 ай бұрын
Whos to say that for every piece of claim on gold that a person purchases, there are tons of others people as a collective, that also has the same exact claim on that same piece of gold!!!;;;
@alchesterdescallar60536 ай бұрын
At the end of it all it’s American Greed is the cause of our problems here in the mainland. We want to maximize our profits, we want the highest ROI for our retirement funds, we want nice house and nice car, we want to live in make believe perfect comfortable and abundant lifestyle. The reality is, you can not have it all.
@solomonlalani6 ай бұрын
Why is this 2013 documentary published now, as if it is fresh? Recklessness from Wall Street, the Fed, corporations, and consumers has only increased manifold since then. Greed has only multiplied. The illusion of wealth has only grown. We need a major update on this with June 2024 stats. Or, will all filmmakers make "The Biggest Short" after the global collapse has happened, which is inevitable and can be seen by all sane minds.
@investorbettor5056 ай бұрын
Because honest documentaries are rare to find in the past decade and nothing has changed. You will have to dig through KZbin for more recent analysis
@eikoGoldstein5 ай бұрын
@@investorbettor505yes, nothing has changed. The Fed stands above the economy like the Colossus of Rhodesia, believing it can and should coax every last jot of GNP out of our economy, while managing every quiver of inflation. The Fed has joined hands with the Federal government in pursuit of the Perpetual Prosperity Model. Bretton Woods was the peak. Icarus, your wings have melted!
@bobsthea6 ай бұрын
these why many countries stay away from U.S. dollar
@christineabercrombie73162 ай бұрын
I wonder if I have a penny worth alot. It really makes me wonder.
@patrickgallagher2135 ай бұрын
The FED IS NOT a govt. organization of any sorts, they DO NOT have any Resrves
@queenmaria28785 ай бұрын
I plan to retire at 104
@_Meng_Lan6 ай бұрын
Why didn't they let it fail Fairs fair.
@khairulnaeim7566 ай бұрын
It is not done ....it more to upper layers only not all...they need more than 1 trillion... funny maybe 5 or 6 trillion for real growth.... just opinion 😱
@xrpkidotec5206 ай бұрын
Let's goooooo
@Davidsavage80086 ай бұрын
Eventually we will relax patent laws and have a GDP to be proud of and revitalize our two party system so the world will follow. Meaning to have retired the current fratricidal 2 parties to gender parties according to one's birth cert. 🎉
@khairulnaeim7566 ай бұрын
Boom and bust cycle...what is that....they mix up with politics....that ...only answer... just opinion...
@ChristTheLover6 ай бұрын
Keynsian economics is about central control. Thats all.
@OzzieBird6 ай бұрын
What happened in 2008 ? Liquidity issue. Hank Paulson theft of Fannie and Freddie. Real the book "The Mortgage Wars" by Timothy J. Howard to see how the scam took place. May Hank Paulson rot in hell.
@Kralicky15 ай бұрын
Watch the movie too big to fail. Explains it well.
@investorbettor5056 ай бұрын
Study Austrian economics. Study bitcoin. And then decide for yourselves ❤
@endari76 ай бұрын
Biggest lie in all history: the us is land of the free 😂😂😂