Looks like my theory on government numbers being inflated during elections was correct (818,000 fewer jobs than reported) www.nytimes.com/2024/08/21/business/economy/us-jobs-economy.html
@natashadickson48192 ай бұрын
This aged well. The Fed lowered rates.
@azmainyousuf51722 ай бұрын
Calling Japan a small country is wild
@SimanSlivar2 ай бұрын
Land area wise it's quite small about the same size as California...
@empiur2 ай бұрын
@@SimanSlivarTo be fair, California is pretty large. 3rd largest in the U.S. (and the U.S. itself is 3rd or 4th largest in the world by size). Relative to most countries, California and Japan are fairly large land-wise, and similarly, Japan and California is also "large" in terms of economy and soft power. Small, maybe if your reference is China, the US as a whole, or Russia. (which are all outliers in terms of size lol)
@SimanSlivar2 ай бұрын
@@empiur yeah but is land area wise small for what it is.
@centurymemes12082 ай бұрын
I thought germany is the 3rd now and japan is at 4th?
@iceteazen2 ай бұрын
small by area relative to other countries but their economy is big
@florianlion82153 ай бұрын
I agree with you but Japan isn’t a particularly small country. It’s the 3rd largest economy in the world and a population well over 120 million. Obvious that if something happens in Japan it might also influence the world.
@noseboop43543 ай бұрын
They've fallen to 4th, surpassed by Germany, and will probably fall to 5th pretty soon, to be surpassed by India.
@rayg49883 ай бұрын
@@noseboop4354 and still not a small country
@blehbleh50953 ай бұрын
Remember the 80s when Japan's economy was rising? and the world had to "intervene".
@JS-jh4cy3 ай бұрын
Small in geographic land area square footage
@Schultz33 ай бұрын
They meant size, it's a small country.
@Kate-fn8rj3 ай бұрын
19:25 yes please to the detailed breakdown of your portfolio
@shynepo11963 ай бұрын
Cheap money is the most expensive type of money
@henrythegreatamerican81363 ай бұрын
And yet we have a presidential candidate who wants more control over what the FEDERAL RESERVE does.... In other words he wants to reduce the interest rates at our expense.
@xXdnerstxleXx3 ай бұрын
@@henrythegreatamerican8136and one that wants price controls, while the other wants tarifs. Worst economic policies ever The election is a joke..
@Planeet-Long3 ай бұрын
@@henrythegreatamerican8136You don't understand why we need to lower interest rates, we are at a deflation cliff and if we stop printing money the deflation will catch up and the economy will collapse.
@henrythegreatamerican81363 ай бұрын
@@Planeet-Long I do understand why. I think you are the one who doesn't understand the true motivations behind this presidential candidate. This is the same person who wanted NEGATIVE interest rates at one point. And this is the same candidate who publicly said the FED should not reduce rates before the election.... Stop defending this candidate.
@KK-eg3em3 ай бұрын
The FED is a private entity. He couldn't even if he wanted to. THINK.
@Zeemac3 ай бұрын
A house of cards. Jeezus that is the epitome of world economics and finance today. Bravo sir.
@Q_QQ_Q3 ай бұрын
A Ponzi scheme
@ageless10033 ай бұрын
In india, here most of the Metro construction is happening from money borrowed from Japan. Japan finances a lot of indias infrastructure.
@ice_coffee462 ай бұрын
Japan's ODA total is the third largest in the world, but the countries it supports are shitty. Frankly speaking, it only supports places that are not in the national interest. African countries are one example of this.
@brianh93583 ай бұрын
My wife is from Japan, so we keep in touch with relatives in Japan. If people outside of Japan had observed what was going on in Japan, it would have been obvious that a slight interest rate hike was coming. Because Japan has to import so many goods the devaluation of the yen was really hurting the average Japanese citizen. Those citizens had been putting pressure on the Japanese government for the last few years to change the central bank stance on interest rates. Raising the interest rates is one of the primary tools the central bank can use to boost the value of their currency. The value of the yen will also rise slightly when the Federal Reserve brings down the U.S. interest rate.
@michellet70133 ай бұрын
so its a great time to buy yen 🎉
@oppionatedindividual82563 ай бұрын
Sooo calls on the Yen?
@JohnSmith-jl2mh2 ай бұрын
Americans were too arrogant to pay attention to that "one SMALL country".
@NapoleonDynamyte28 күн бұрын
As of March 2023, the Japanese government debt is estimated to be approximately 9.2 trillion US dollars (1.30 quadrillion yen), or 263% of GDP, and is one of the highest among developed nations. They can’t raise interest rates too high or they will not be able to service their debt.
@michaelchandler24063 ай бұрын
That house of cards trick was sick. I was sure you glued them until you said it took you way too long to film and I was amazed to think that wasn't a trick.
@kkiissssiikk3 ай бұрын
Did you subscribed ???!!!
@actionboi053 ай бұрын
Nah he definitely glued the base 😅
@AndreiJikh3 ай бұрын
True story: that took me 3.5 hours to film (it was 1 take). No glue, tape, or magnets
@BS89.3 ай бұрын
😶🌫️😳🙄
@montok193 ай бұрын
@@AndreiJikhjust ignoring the negative comment Andrei, i love your KZbin
@tukek883 ай бұрын
RIP Shinzo Abe
@devinreilly26973 ай бұрын
What a great distinction that, "when asset prices come down, it's not because interest rates are cheaper; It's because people lose their incomes losing their purchasing power." Thanks Andrei, that was a great way of explaining why asset prices come down.
@amanosatoshitranslates2 ай бұрын
japan:guys you have to pay us 25 yen per 10000 yen you borrow other countries: *bocchi freak out sounds
@josephedlin21723 ай бұрын
Japan as a liquidity provider is interesting because everyone has been focusing on USD liquidity and ignoring that a G7 currency has been printing like no tomorrow whilst maintaining a relatively (to other currencies) stable value.
@mr.johnson89743 ай бұрын
Great video but didn’t like how the framing was “Japan is at fault for causing people to lose money” because this lacks greater context. First Japan is by no means a “small country”. It has a population of around 110 million, a third of the U.S. with way, way less land. And the world’s 3rd largest economy. Second, ever since the U.S. Federal Reserve raised interest rates, Japan’s currency has been hammered to the point where it’s causing deep societal problems. Companies are cutting way back on imports and foreign business trips. The military budget has effectively been slashed (because Japan buys its equipment from the U.S. in dollars) and people who are used to stable prices have seen a sharp increase over the past year despite stagnant wages. So, it’s not like the Bank of Japan woke up one day and said “we’re gonna screw over those carry traders!” for no reason.
@AndreiJikh3 ай бұрын
Thanks for the context, I hope this video didn't come across as framing it as Japan's fault. In fact, I have an entire video about Japan's declining yen which goes into the history of everything and MUCH more on the channel. Feel free to take a look and let me know what you think :)
@泰久山田-b5b3 ай бұрын
Over 30 years zero interest rate free money loan must be massive. What if Japanese banks start selling U.S bonds for their protection.
@janetmalcolm34033 ай бұрын
They have already started dumping those treasury bonds along with China.
@Morristown3373 ай бұрын
How does this not cause inflation getting worse the more people and money jump into this loophole? Seems like as soon as enough money is poured into this to influence the global market; the sooner someone would end it before inflation takes out entire economies.
@TheSeBjo2 ай бұрын
Isn't this just good ol' financial repression?
@WeylandLabs3 ай бұрын
The quality of your videos in terms of information is getting a lot better.- Thanks ! 👌
@AndreiJikh3 ай бұрын
Happy to hear that!
@leomacron48823 ай бұрын
@@AndreiJikh Same background, same style of narration, its getting boring. Try something new. Been a fan since last two years.
@AmericanSone52803 ай бұрын
@@leomacron4882if you’re here for the backgrounds you’re here for the wrong reasons lol. We’re all here to get rich, with a side of magic
@bejanghavami55853 ай бұрын
Usually whenever theirs headlines like “are we in a recession” we’re most likely in a recession. I remember during covid the “are we in a bubble” headlines appeared and turns out we were in a bubble, it popped just half a year after the bubble concerns came out hahahaha
@zackb37443 ай бұрын
Card trick was dope
@lauriey60893 ай бұрын
People are easily fooled by beautiful packaging
@garrettstephens913 ай бұрын
Which is exactly why most people shouldn't have the right to vote.
@drscopeify3 ай бұрын
@@garrettstephens91 Nonsense the right the vote means the people get to choose a leader which is always better than a dictator who makes his own way up the top. Let the people choose.
@marcinm28713 ай бұрын
@@drscopeify Hitler was voted in. let that sink in.
@Truthorfib3 ай бұрын
@@drscopeifyThe thing is, its always been more of a popularity contest. It’s never been about actual qualifications. In addition, it’s always chosen among the elite rich ruling class hence it’s never really been a true democracy and it’s never truly been the people’s choice. It’s always been the choice of the rich. Hence everything that’s been done ever since has always been for the rich and never for you. And people will keep doing this until it becomes so bad no one has anything to lose anymore. Just like the French
@Truthorfib3 ай бұрын
@@drscopeifyA really good obvious red flag about the flaw of the current system is that candidates literally need to gather millions if not billions of dollars in order to be elected. Do people really actually believe that’s a democracy? That the money they received is not expected to be paid back with interest? This is why America is degrading, because its people are not aware of the obvious flaws of the system or are aware but delude themselves into thinking its the choice of the people. When you are groomed from childhood to only vote for the two parties, are you really truly voting because its your choice? Or your voting for them because that’s what you were groomed to do?
@E-XODIA3 ай бұрын
Recession is part of the economy cycle 🔄, and begins when interest rates getting cut. That’s what books and I learned in the university. Usually market drops during this period statistically, but at the end nothing to be afraid. Everything has a beginning has an end, Neo……
3 ай бұрын
Depression and cliff falls more likely than recession tbh.
@enurfase3 ай бұрын
LOVED that card trick!
@lv2xlr8svt3 ай бұрын
The luxury car market might be going down but the exotics market seems to hang in there. Everything is still selling way over sticker and slightly used exotics are still selling for more than they were brand new because of demand. We live in strange times.
@raybans87123 ай бұрын
What’s exotics?
@lv2xlr8svt3 ай бұрын
@@raybans8712 Exotic dancers at the strip club. They hang in there on the pole..... J/K....talking about Lamborghini, Ferrari, Porsche, McLaren, etc
@raybans87123 ай бұрын
@@lv2xlr8svt oh I see, I can’t afford either 😂
@funplatter53463 ай бұрын
You are my fav finance KZbinr
@AndreiJikh3 ай бұрын
Thank you
@anderivative3 ай бұрын
roughly what bags are you holding, if i may ask? VOO? BTC?
@funplatter53463 ай бұрын
@@anderivative i follow other finance KZbinrs and I have couple of bags coz of them but none I would blame Andrei
@TheDoggofWar3 ай бұрын
Please make that video! Its waaaay easier hearing it from you than some of my professors tbh
@iBoardRepair3 ай бұрын
Average person slaves for pennies while the rich literally create money out of nothing. These types of tactics shows how screwed the average joe really is.
@anderivative3 ай бұрын
someone cool once said like "socialism for the rich, rugged capitalism for the rest of us"
@ironhammer40953 ай бұрын
BOOM! You Nailed it. The truest statement on the entire site of KZbin. This is exactly it. And as @anderivate points out its Socialism for the Rich, naked Capitalism for the rest of us. Everything else is a big fat lie. The only thing that us mere mortals can do in life is get a skill, hope that skill is in demand and stays in demand during our life on this earth so that we can feed and house ourselves (and family). That's it.
@Truthorfib3 ай бұрын
@@anderivativeWhich is kind of interesting because its these very people at the top the propagandize us into hating socialism 😂
@mikepremo55743 ай бұрын
Really appreciate your content and humble demeanor, Andrei.
@TheNurseInvestors3 ай бұрын
The card trick was amazing!
@n4870s3 ай бұрын
and 10 days later, no one remembers this crash. it is unbelievable how delusional ppl have become.
@ancientflames3 ай бұрын
A 2008 style crash could happen right now and most people would be like huh, anyway…
@n4870s3 ай бұрын
@@ancientflames what leads to a crash is people reaction to what happens. This is because ppl stop consuming and investing and buying
@bobbeda4503 ай бұрын
I always learn something watching your videos. Thanks for sharing.
@micxpurple81532 ай бұрын
i really loved how you explained everything, loud and crystal clear..
@bharathshetty14893 ай бұрын
So far one of the best video and detailed one about macroeconomics loved it ..!
@jackler883 ай бұрын
I already subscribed long ago. Thanks for putting up the hours to put all these together.
@willthekiller13 ай бұрын
Please do a more detailed breakdown of your portfolio! That would be so cool!
@XRPcop3 ай бұрын
Thanks as always, Andrei!
@AndreiJikh3 ай бұрын
My pleasure!
@dixonbuttes65643 ай бұрын
Andrei FTW again … everyone should drop the CNNs, MSNBCs, and FOXs, and listen to Andre instead. The educational value here is 10/10. Greatly appreciated! Sane information in an insane time.
@AndreiJikh3 ай бұрын
Appreciate that! Thank you :)
@RespireUnlimited3 ай бұрын
I wanna meet someone who is watching TV, new from cnn, bbc etc. must be completely different mindset then normal and sane person. 🤯
@zacharybosarge77623 ай бұрын
Man this guy makes amazing videos, i love how clear cut the information is
@ITSupport-q1y3 ай бұрын
Great use of magic in your show, really enjoyed. Thanks
@AndreiJikh3 ай бұрын
Thank you! Cheers!
@jackreign673 ай бұрын
Monday is the new favorite day of the week
@honaker3263 ай бұрын
Did you get your inspiration for that card demonstration from the movie: The Big Short? The jenga scene explaining the 2008 financial crisis. If you did then this was epic lol
@adityakhati15923 ай бұрын
Putting in my vote for Andrei's investment courses
@snowxcrowe3 ай бұрын
Your videos are great, Andrei! Loved the house of cards trick!
@95novac3 ай бұрын
Of course we want to see a more detailed video about your portfolio 🎉
@rawlvee3 ай бұрын
Thank You Mr. JIkh
@johanmeijer1333 ай бұрын
So many talents on display here! Bravo!
@jonbravo62623 ай бұрын
Genuinely appreciate your perspectives, and the visual analogy for mis-Di-rec-tion. The second half of this vid is really informative about lateral ideas of income and investigating options opposite to the consensus. Everybody wondered why Buffet was increasing the cash position…
@chrismoore57553 ай бұрын
Big yes on the detailed breakdown. It's a great video
@StudCityАй бұрын
I was just there a few weeks ago!
@AndreiJikhАй бұрын
Such a cool place right?
@glennadrian55383 ай бұрын
Yes to a detailed breakdown of your portfolio please 🙏🙏🙏🙏
@PoGo14413 ай бұрын
Love to see that break down of your investments, thanks
@beelove911Ай бұрын
Great birthday bro 👌
@jaybreeze24503 ай бұрын
👍🏼 Detailed portfolio review 🎉
@wongthong73 ай бұрын
Best financial education channels keep up the good work, thanks
@mightymoo40183 ай бұрын
Commenting cause of the house of cards trick. Well deserved sir
@devpac78613 ай бұрын
u really upped ur magic over the years
@abdullaahmed0963 ай бұрын
This is so amazing and informative
@AndreiJikh3 ай бұрын
Glad you think so!
@Daniyoyo3 ай бұрын
I’m more worried about how this issue just vanished in 24 hours lol
@SevenHeavenlyig3 ай бұрын
I watch andrei videos once or twice in a month, and he wraps up everything in one video. Love it :)
@RoxStar_eth3 ай бұрын
Top video Andrei!
@betraydan_3 ай бұрын
Definitely time for a portfolio update with some detail and strategy behind decisions. Keep up the great content.
@thomasbozly9213 ай бұрын
Thank you for what you do. I dont find any of it boring.
@princesharma2.03 ай бұрын
Always most informative videos from you , great job
@AndreiJikh3 ай бұрын
I appreciate that!
@cryptomama76663 ай бұрын
Always love your videos! Learning so much even about my own country Japan ! ❤
@jk-gy9wr3 ай бұрын
The delivery is too good.
@accountonline13 ай бұрын
You are amazing
@muralidhary-srinivas67563 ай бұрын
I agree - best explanation at the end of the video. Can you please share a light on dividend investing and how to start doing it.? Thank you
@shaunaudrey31963 ай бұрын
Great work Andrei! Great call with the JEPQ.
@tommytruong42553 ай бұрын
big like for the balance of the card pyramid
@Goknights20183 ай бұрын
The end of that video was very inspiring, Thank you!
@meditationplus75433 ай бұрын
Fantastic explanation skills. Kudos.
@NapoleonDynamyte28 күн бұрын
Awesome card illusion
@Caleb18223 ай бұрын
Loved the Matrix reference
@merlinsreturn2 ай бұрын
Very nice explanation with the house of cards.
@daviddantefrank3 ай бұрын
Would definitely love a detailed breakdown of your portfolio
@Mike-tr6bz3 ай бұрын
Loved it. Do a more specific video of how ur investing.
@randybloomfield50903 ай бұрын
Love the channel brother 👍
@AndreiJikh3 ай бұрын
Much appreciated
@albertolopez9812 ай бұрын
Andrei thanks for the video you make it easy for my to understand economy better, can you do a video of how your building your portfolio and a video thanks
@LuckyLopez7773 ай бұрын
I think by end of Q4 the economic rug pull will happen
@hggryrdchgc3 ай бұрын
what comes down always goes back up!
@robsales793 ай бұрын
Thanks Andrei for the new upload learning everyday from all of your videos
@AndreiJikh3 ай бұрын
Happy to hear that!
@marcMH3 ай бұрын
great video as usual 👍🏼
@romuluxb3 ай бұрын
Detailed breakdown s il vous plait monsieur Andre, merci!
@olehh14963 ай бұрын
Great conclusion Andrei!
@anderivative3 ай бұрын
respek for being so transparent; the goal is either put in to indexes and/or gamble a little bit. I, personally, gamble all of it but hey
@saudikennedy3 ай бұрын
I'm very new to microeconomics, your videos are very informative and interestingly explained. Thank You.
@shaharbruck3 ай бұрын
Great guy giving honest information. Ty!
@isaacsplumbing3 ай бұрын
Yes please, more details. Thank you 🙏.
@EugeneWilder_OG3 ай бұрын
You’re awesome Pal! Thanks for your contributions
@tunjiotufadebo94643 ай бұрын
We need the detailed breakdown of the portfolio
@shirolee3 ай бұрын
The house of cards was such an awesome way to story tell and make it ironic!
@user-ik4br3nk2w3 ай бұрын
my favorite magic trick channel
@jawadfashafsheh33503 ай бұрын
Yes please!!! Your the best 🎉❤
@elkarouniabdelali62393 ай бұрын
I appreciate your videos man ✌🏽
@AndreiJikh3 ай бұрын
Glad you like them!
@bedtimestories10653 ай бұрын
I actually REALLY appreciate you showing your numbers and the total amounts. That would be hard for a lot of us to do. It makes you far more relatable than not, imo
@santosakowski98463 ай бұрын
This guy is a very good speaker and easy to listen to.
@johnnymedina90103 ай бұрын
this was a good one, liked
@lirimajroni-ajroniwebagenc96333 ай бұрын
Would love to see your portfolio and get more info.
@mikekatupisa98533 ай бұрын
He finally uploaded after everything that happened I waited for this
@michelmacias89693 ай бұрын
Congratulations
@zappieingram3 ай бұрын
Once again, another outstanding video. I am hoping to copy your dividend portfolio next year. Thank you for everything. I’m learning a lot.