"Why You Can't Afford Anything!" - How The Economy Became One Big Ponzi Scheme | Raoul Pal

[@irishjoecrypto8961]

If nobody pays debt, and the government prints money, WTF am I paying taxes for? Ok, so much for the joke, based on the # of replies.....some were funny, others seem like they don't understand how corruption, politics and economics all hold hands. but I appreciate the responses.

[@jameshowell450]

You tell me. It's a monumental scam simply to make you poorer. It's an illuson.

[@TheyRiseBand]

It is a mechanism of control.

[@nate_8403]

Wesley snipes asked that same question

[@tnthompson81]

You’re paying for the illegal newcomers

[@richkoehler6237]

Printing money causes inflation. Paying taxes destroys money and reduces inflation. Those are the two opposing forces at work. You are paying taxes to alleviate the inflation rate. Inflation taxes everyone. Rather than rely only on inflation to feed the government’s spending (i.e. rewards for politically connected groups), tax policy allows the government to target politically unpopular groups to bear a greater share of that cost.

[@SunnnyDay]

My parents bought a house in 1977. Worth about 15 times more, today. The same house. The printed money, since 1977, is stored in the asset, the house. Now young buyers, with a lower earning potential and higher cost of living, have to unlock that inflated asset, in order to buy it. The balance sheet doesn't exist in a central bank ledger, so much, it exists in the goods and services everyone buys, costs of which go up faster than anyone but the wealthy can afford. We are debt slaves. We are paying debts from borrowing done in our names, without our consent for the most part. But rather than get a bill in the mail, the interest is built into every good and service we buy. We are the embodiment of debt because the cost is paid by the very lifeblood of the consumer, earned over a strictly limited time called a life. We live on a prison planet.

[@ruidadgmailcanada8508]

Yay you get it too! Small hats are worried we figured it out.

[@fredmercury1314]

It _was_ with your consent. You always had the option to not participate. Participation is consent.

[@mojoman327]

The jobs i had before 2008 were good, stable high pay jobs. After 2008, ive been cursed with intermittent unemployment, low pay, in addition to burdensome government regulation.

[@overlordisgoogle8431]

The entire economy became a joke after the crash.

[@mikethomas6120]

Same I’ve seen jobs in my industry go from six figures with a company car to half that without the car.

[@goober-ll1wx]

It all broke in 1971...

[@seymorefact4333]

NO ONE WANTS TO PAY TAXES! and Foreigners are DUMPING our debt = treasuries! therefore, less police, fireman, teachers, doctors, nurses and eventually, the backbone jobs will disappear. TREASURIES PAY FOR POLICE, FIREMAN, TEACHERS ETC! Rates will increase to attract investors to our Ponzi CONOMY! and its a endless circle F!

[@Grumpyseabee22]

The crash flattened the pay scale.

[@TomSutherland210]

And we all are told to believe that slavery came to an end in 1865?

[@PazLeBon]

nffc was founded in 1865, interesting sidetrack

[@bobsacamano7653]

exactly.

[@Valoric]

Slavery just evolved into something more abstract.

[@crambow]

well that entire war is a lie. At least the way its taught.

[@bobsacamano7653]

@@Valoric exactly

[@bravex9723]

The system is crumbling. None of it works anymore

[@seymorefact4333]

NO ONE WANTS TO PAY TAXES! and Foreigners are DUMPING our debt = treasuries! therefore, less police, fireman, teachers, doctors, nurses and eventually, the backbone jobs will disappear. TREASURIES PAY FOR POLICE, FIREMAN, TEACHERS ETC! Rates will increase to attract investors to our Ponzi CONOMY! and its a endless circle F!

[@HoneyBadger80886]

Broken incentives and broken money

[@zomgoose]

The system is working at intended, because it's rigged.

[@pdjinne65]

these cycles end in wars. We're getting there.

[@user-uc7ei5bu2x]

Corrupts are looting, earlier were kings who loot public by power of weapons and now by way of taxes

[@RedPillDiaries]

I wonder if Tom will ask the obvious question...."but who do we owe all this money to, and how did they get so much in the first place, just by printing?" And , "so these people enslaved us with essentially worthless monopoly money backed by nothing?"

[@HoneyBadger80886]

Fiat is dead. Use your worthless dollars to buy bitcoin. Zero is the only wrong allocation

[@mikethefenceguy]

Bitcoin n trump is everyone’s savior lately….. sounds like Antichrist and the Mark of the beast

[@karabomotsele1703]

Black Rock.

[@andyscottow2250]

Owe it to our future selves. 😢

[@googleuser868]

Green paper chains and a whip made of taxes.

[@markl8111]

So, gov creates debt, and debt is the mechanism used to make new dollars (print money). The gov creates a four year cycle to service the interest and every four years the defer the existing debt, create more, and repeat. The ponsi scheme just grows because gov answers to no one. Fiat currency and debt system is the greatest crime ever committed against humanity.

[@TheJeremyKentBGross]

It's also outlawed by all three monotheisms holy books. People have known this was a crime for many thousands of years as it has been a contributing factor to collapsing many a major civilization for at least 3000+ years.

[@bmx13andit52]

Nailed it!

[@nobodynever7884]

97% of dollars in circulation have been created by the private sector, not by the Fed, not by the government. When you ask for a loan from a bank to open a sports bar in Wichita, THE PRIVATE BANK creates money out of thin air and exchanges it with your promissory note. Remember half of dollars live outside of the jurisdiction of the US government and the Federal Reserve aka Eurodollars.

[@tedtan6449]

Breaking our backs for the serpent, Devil worshipping Elite. They call it " The creature from Jeckyll Island"... It's the FEDERAL Reserve, its a Racket. Henry Ford understood about it.

[@carolinaandrews3737]

“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” Henry Ford ~

[@alecharper515]

“When you print money, you are counterfeiting the currency”…exactly.

[@socratesagain7822]

This phrase displays _zero_ understanding of: 1) sovereignty, 2) one of the main attributes of currency, 3) banker-promoted wars of Empire and 4) Modern Monetary Theory. Please read your Michael Hudson or view the good professor's interviews on youtube.

[@imran4006]

​@@socratesagain7822- If that printing of money is backed by equivalent amount of gold or silver then it is sovereign right or else it is surrendering your nation's sovereignty to banks 😵‍💫😵‍💫

[@kingcastro-s1p]

The avg. American is having a tough time, I know I am not alone. There are others in same position as me. How can I best grow the 100k I have saved seperately outside retirement access which of course had depleted over the years?

[@jamespatrick7796]

Identify the source of the problem. Are you unknowingly draining your finances? Look for habits like credit card debt that might be causing harm.

[@richarddamien4654]

In my opinion, create a budget including income and expenses, do this with a financial advsor.

[@richarddamien4654]

Plan with a pro advsor for a successful retirement.i work with an advsor and generated over 1 5 0 %

[@richarddamien4654]

In 1 1 m n t h s w/ guid

[@kingcastro-s1p]

Who's the pro advsor behind this & hw to contct?

[@Millerj2450]

The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.

[@Lucas-t5w4n]

People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.

[@SarahJeffy]

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.

[@WillFred-g7g]

Could you kindly elaborate on the advisor's background and qualifications?

[@SarahJeffy]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Jessica Lee Horst for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@Theodore-l2j]

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.

[@tinytony6766]

The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on the govt. Especially with the current economic crisis around the word. This is still a good time to invest in Gold, silver and digital currencies (BTC, ETH...

[@PhilipJames-dw9vq]

Stocks and Forex - an enlightened form of Investment,n the place where millionaires and future billionaires would come for motivation. You are seriously missing out if you have never been in one. Most importantly If you know how to trade you can make a ton of money no matter where you find yourself

[@DeKibet]

I have been in the market since 2022, I have a total profit of $795 thousand realized with my $65 thousand invested in Bitcoin, ETFs and other dividend income, I am very grateful for all the knowledge and information you have given me.

[@Matteodorian71]

Lee Davis is a very legitimate and competent man, him method works like magic, I continue to win with him new strategies.

[@JamesWilliams-z9h]

A good friend of mine also does business with him in Canada. he is a good man! Him good works already speak for himself.

[@B_stafford]

Thanks for the informative comments... I think BTC and ETH are more likely to retest resistance and then drop. But as always, the situation changes every day and all we can do is act responsibly, monitor the markets and frequently reevaluate our strategies. I would like to thank you, because Davis,* for giving me my crypto education while comfortably earning 9.7 BTC.......

[@joshk1124]

Laid off my employees closed up my businesses and now i dont bother building anything because if i can get through all the red tape, they tax the ever living shit out of my work. Now im trying to figure out how to work and get as far away from their corrupt system as possible. Seriously considering not accepting anything but crypto for payments.

[@josealexi5141]

may I ask what state you live in and which party you voted for last 10 elections? Serious on the first question, not-so-much on the second.

[@WheninSedona]

Small ‘smugglers’ are almost never caught & A lot of what is “illegal to smuggle” should be perfectly legal (for any responsible sane adult) ; Just think about it. … Be a ‘Robin Hood’

[@seancollins9745]

looking to migrate to a foreign country personally.

[@lukegoatley8501]

Btc is the future my friend

[@chazmuska]

Crypto is another Fugazi. Gold and Silver at least are tangible assets.

[@davidofshield4452]

No matter how intelligent and all the degrees humans acquire the greed takes over on all levels.

[@Gob-is3sy]

Greed and tribalistic power.. they imported 12 million+ people to give their tribe voting power, and One of the knockdown consequences of this is it has absolutely decimated the inventory of affordable housing, devoured it like locust. The supply and demand of housing doubled cost in 4 years. That’s what makes this hurt extra bad is the two-point punch, inflation, and housing doubling in like four years

[@JustinJanki]

@@Gob-is3sy It is not purely supply and demand. If you listen to the talk, you will realise that he mentioned whenever government prints money, the "assets" prices go up, including housing. The world reserve currency is the USD so whatever they do affects the entire world, not just the US. In 2019, close to 50% more USD was "printed/created"... which has the effect of... doubling asset prices.

[@Gob-is3sy]

@@JustinJanki I know, but specifically the housing market, which is killing people more than inflation is when the price of a home is gone up by 100% in four years and rent has gone up by 100% in four years, that’s more painful than inflation

[@jds5788]

​@@Gob-is3syIf that's what you got out of this discussion you're ignorant.

[@vids595]

Greed is motivated by a need for security, which is motivated by fear.

[@paulfay357]

Tom It's been obvious to me for decades that American labor was going to be forced into parity with global labor rates. That the boomer generation was going to retire. That automation was going to take it's toll. We know that governments throughout human history have tried to hide their gross mismanagement behind war. If I could make a humble request, please consider doing some of your presentations with guests who can instruct people what to do about the situation. Years ago I began my journey by moving out of the city. Buying a paying off our hobby farm. Starting my own business. Stockpiling food and other essentials. We have our own water. Our own septic system, garden, chickens...ect. I've purchased 10KW of solar panels, although I haven't had the time to get it installed yet. Bottom line is this... people can thrive if they learn how to live like their great grandparents did. My wife and I keep one foot in the modern world and the other one in the old ways. It is a happy and fulfilling life, and it's time to let people know that. Anyone who feels like they're caught up in the "doom loop" can literally slap on a pair of sneakers and walk away from it. People can still live a long and fulfilling life...we just need to remind them how.

[@Rnankn]

You’re not exiting the global economy, just being anti-social by not collaborating with others to provoke change. Politics is the solution to divide and conquer individualism.

[@paulfay357]

@@Rnankn I'm an enthusiastic participant in the global economy and also collaborate with like minded people to change some of the problems we find in our little piece of the world. The real difference is that I'm not utterly dependent upon the global economy and the bureaucracies that run it. Think of me as Amish with electricity and digital technology. I am optimistic about the future, but prepared for the worst. Changing the world is best accomplished by changing one's self first.

[@AJbuilder]

One glaring issue is that years ago when you bought the land and farm the prices were “fair” and manageable . Your average gen z/zoomer with a 75k/year salary isn’t going to be able to go rural/build a septic/utility pole/solar and still be able to raise/homeschool 1-2kids . Remember when a dozen eggs were only 79cents, 1lb beef 2.50 and a fresh grad was making 65 k in the city. That same fresh grad now two generations later is still making 65 k to start but just eggs are 4$ a dozen and 1lb beef is 5$plus

[@paulfay357]

@@AJbuilder Respectfully disagree. I am confident that if I were 18 years old again, with a freshly minted high school diploma, with the knowledge that I have today, I could do it all again... probably even faster. It wouldn't matter to me if I had to start out " living in a van, parked down by the river" to paraphrase the dear departed Mr Farley...lol.

[@leandrawomack9029]

Well said!

[@tomv7986]

Energy, food, taxes, real estate, vehicles. Everything is up like crazy. Wages are relatively worse and worse while employers ask for more and more and often do not provide stability. The middle class is disappearing in many countries.

[@reubenmorris487]

Executives take a 50% pay raise yearly while paying labor single-digit percent raises yearly.

[@AnthonyJustice-i9x]

I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Brooke Miller.

[@UsamaG-mq1jy]

Their ...services are very genius and experienced in the market for over a decade and counting, they changed my life from a poor plumber to a better and middle class family man with 2kids.

[@shandegabrielrojas9350]

The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.

[@MaiDaniella-mr2gq]

Woah for real? I'm so excited. Brooke Miller strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started

[@jadewashington7]

I'm new at this, please how can I reach her?

[@JohnKenneth-f7w]

I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

[@florencehendrick4781]

There are two ways to be fooled. One is to believe what isn't true; the other is to refuse to believe what is true.

[@jz94117]

We need another $100 billion for Ukraine to protect corporate democracy.

[@ywtcc]

The Republican Supreme Court ruled in favor of Roe v Wade, then the national Republican party ran against it for nearly 50 years. The end result has been Republican domination, and corporate control of the courts since the late 1960s. You don't fix the corporate democracy problem until you identify the public officials that installed it.

[@cryptoronindude]

You really seem to be clueless what the Ukraine conflict really means. Or you are just another russian bot 🤡

[@jglee6721]

lol

[@user-Old_Ben]

The USA was a Republic! Dissolve The Fed. Restore The Republic, if we can keep it!

[@stanleyshannon4408]

And rainbow people.

[@cthymnn2010]

Game of monopoly. One guy gets richer and richer and then the whole thing collapses because everyone else goes broke. Nature of how our economy works. Who is getting richer and richer?

[@jonarauzo]

Select mega monopoly corporations, sport betting companies, gambling establishments, and adult entertainment companies are all getting richer. They prey on your addiction to consumption.

[@jonarauzo]

By only choosing to do business with select mega monopoly corporations you're essentially guaranteeing your own enslavement. Those that want to have a business can't succeed because almost everyone wants to shop with a few mega monopolies. Mega monopolies have made it so they are practically the only ones in business. Everyone else is laying off employees and going bankrupt. So, you're right it is like a game of monopoly!

[@PazLeBon]

@@jonarauzo as everyone goes out and buys a new iphone.. half made in china

[@jonarauzo]

@@PazLeBon Never bought an iPhone. My Samsung Galaxy is just fine at a fraction of the cost.

[@PazLeBon]

@@jonarauzo yeah i have the chinese model with the same parts, 100 euros

[@yolandavolcy3450]

Im thankful to God I have 0 debt. I've never had a credit card, loan, grant, or nothing. Cash only. I'm free. The thought of debt or owning someone, let alone the government, makes me feel emotionally and physically ill. I just can not. Not now. Not yet. Im trying to feel better about it. Im 38. I just remember my entire life, my mom fussing about bills, debt, and credit cards. And I said to myself as a child I never want that for my life.

[@aarongrund4256]

You're wealthy.

[@CrueFan72]

Our founding fathers told us to never allow banks into our government. Thanks to Woodrow Wilson, not that he had a choice, signed the federal reserve into law 12/3/1913. While the American people were asleep. Pretty sure this family has everyone silver and gold.

[@theiberianbadger0123]

So when do we use that amendment that can literally solve all of this? Or at least draw it out to its logical conclusion

[@l.sophia2803]

@@theiberianbadger0123 The last fellow that tried that got 'assassinated', not long after his brother, the second to last person that tried that has his brain spread over a car. No one that could have done it since has tried...reasons...

[@theiberianbadger0123]

@@l.sophia2803 I’m talking about the people. When do we invoke our birth right to displace this tyrannical empire? We have the 2nd amendment for a reason, why don’t we use it? There is no political solution and there’s no voting our way out of this.

[@armeniansdoitbetter]

👃 reasons​@@l.sophia2803

[@bobdole7701]

Wilson sold us all into slavery!

[@undefined-andrew]

there's a book called Hidden Manifestation by Oliver Mercer, and it talks about how using some secret techniques you can attract almost everything in life it's not some bullshit law of attraction, it's the real deal

[@deniscarratala5837]

😅llokllllll

[@sabrehet6965]

It is a load of rubbish...name it and clame it rubbish sort

[@notsure1135]

@@sabrehet6965 positive visualisation is a thing that can work IN A FUNCTIONING SYSTEM WITH PLENTY OF OPPORTUNITY!

[@blakkwaltz]

>uses the word manifestation unironically Opinion discarded.

[@PazLeBon]

everything means all the bad too.. sod that eh

[@BR-gz3cv]

In years past, when devastating hurricanes would barrel towards Cuba, the citizenry would rush to buy all the rum they could get. Outsiders thought this crazy, but those outsiders never experienced a powerful hurricane. The people knew there was nothing they could do to stop the devastation, so they would take comfort in escaping the disaster and find some momentary pleasure. It seems we’re doing the same except on a global scale- we all sense something is very wrong and are increasingly powerless to stop it, so we escape with cheap products, drugs, social media, etc to cope. Cubans were smart enough to recognize the futility of any effort to stop a hurricane- they knew what they were facing without pretending to ignore it. Not sure the rest of the world sees what’s coming and the destruction ahead.

[@SnowcellJadt]

*Hit 240k today after 14days. That’s total of $3million plus. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in December 2022*

[@ArmandoRosa-oj5lg]

Hello , I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?

[@BiancaSaunders..]

Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down 🤦‍♀️of myself because of low finance but I still believe in God

[@Pagsley-qh8oi]

Such information we don't get from must KZbinrs, how can I get to her. ?

[@mildredowens4390]

Wow that's nice She makes you that much!! Thanks 🙏 I will try to reach her services, I work 3 jobs and trying to pay off my debts for a while now!!Thanks for the help .

[@RobertHohn]

A lot of good news about her even on the news today and so many recommendations on KZbin. She must be a great person, I’m willing to work with her

[@Lemonarmpits]

I'm 55 I've been watching this all my life... Do people really not know this

[@ey67]

I'm 75. Been watching this happen since TV saint Ronnie Reagan and slick Willie Clinton.

[@googleuser868]

65 and Fed up with it

[@JamesAllen-xk8bc]

I’m 60. Same here.

[@scepisle4970]

66.... yawn....

[@squarewheel142]

I'm no economist, but one thing is for certain, POOP ROLLS DOWNHILL!

[@justineb.2283]

I'm a plumber, and you're correct.

[@guinto7609]

as a person who has been shitting for 32 years, CAN CONFIRM. Poop comes down not up

[@vocalninja5889]

And smell always travels up

[@PazLeBon]

i once pooped on the spinning waltzers, it went horizontally

[@juliuscomnenus4415]

Always nice to see Tom bring in super informed high-end guests to watch him interview himself.

[@lauriea999]

I did not resonate with this guy at all

[@gward117]

Billionaires borrowing against their stock is the biggest scam on the Balance sheets. Collateral as a stock is complete 'air' money.

[@mrmustangman]

that way they don't have to pay taxes on income because it's a loan....

[@RealLifeFinance]

Exactly $2mil in stocks, borrow $1mil in stocks and put in real economy. It's wahts kept this thing afloat

[@gward117]

@@RealLifeFinance and that is what gives the false illusion of money. A stock is a "stake or interest" in a company. It can be shown on paper but it has no collateral if the stock tanks. Also it gives a false illusion of the stock price as well. An "interest or stake" neither you nor I can borrow against our "interests". Illusion!

[@ericbailey9549]

Zimbabwe did great as well. Endless increase in the money supply.

[@sdrc92126]

When money is debt, the only way to repay debt is through more debt. And more debt to repay that debts. And mor............

[@ericbailey9549]

​@@sdrc92126Why do we pay taxes?

[@PazLeBon]

let a bunch of weed companies in and now no water :/

[@ThrowBackZone]

So according to Raoul Pal, the economy is like a giant game of musical chairs where the music never stops, but the chairs keep disappearing. 😂 I guess that explains why I'm always left standing!

[@bryanjackholder6911]

And the number of “dancers” keeps increasing.

[@PazLeBon]

i just lay on the floor and had a little dance occasionally

[@tubab72]

Conclusion: .... Just stay where you are ! Never ever "dance to the music" !!

[@betitos11]

You guys can talk until you're blue in the face and nothing is gonna get any better 🤣🤣🤣

[@petemorton8403]

The boomers, well the first 2/3 of them, had the magic of whatever they touched went up, all based on massive amounts of them. Poor Carter had interest rates trying to slow it down. The houses yripled from 69 -79. Only thing different is they weren't calling the shots yet. They were still using great wages from union jobs, plus benefits. As soon as they got financially powered, they took it all. Low wages, women entering (to keep low wage & double selling stuff). It has never been a level playing field since. Every subsequent has more debt to face with, until recent, same ish pay.

[@darkhighwayman1757]

My dad had a theory. When women really started hitting the workforce in the 60-70s, companies slowly started raising prices. With 2 incomes, the changes wouldn't be very noticeable and they just kept doing it.

[@PazLeBon]

Thatcherism was used by the entire west

[@nwedge4]

Rich guys talking about the happiness of poor folk.

[@cdevidal]

Intelligent guys talking about the increasing poverty of more and more people

[@paulhockin5264]

So how can they win if they were poor you would say "poor guys talking about how money works"

[@JonnyBeoulve]

You're talking like a poor person. You really should listen to people who were able to make money because you can learn something from them. Poor people tend to only be experts in victimhood and negativity.

[@nononsenseBennett]

This is exactly why the average person needs to educate themselves about money and financial matters. However, the majority are too busy or too complacent to care. This video and its ilk should be mandatory viewing for everyone.

[@zstrauss1]

Why the F do we have a commercial real estate crisis of vacancy and a housing crisis of scarcity?

[@rebellucy6200]

Open borders. The newcomers need a place to live and most are not going to a white collar job.

[@saltwater4892]

mostly zoning and retro fitting. Im guessing

[@GabrielBacon]

10 million new residents in 4 years via illegal immigration. They all need a roof. They all need groceries. They all need healthcare. When you strain all of those systems at once, prices go up & quality of service goes down.

[@Jb-uy5zx]

Where are the tens of millions of invaders being housed.

[@israelarana5283]

Because local officials are bought by homebuilding lobbies and wealthy people telling them to delay or make building very costly. So the demand is overwhelming supply. Our population is growing faster than available dwellings. Thanks to consolidation in homebuilder companies.

[@SloNube]

I love when you have Raul Paul on. He’s so entertaining but educative.

[@tebonete]

Tom needs to talk less. Great guests on an half the episode is about how tom understands something or what he thinks bro its agonizing

[@thelostsock2187]

Capitalism needs poor people, it puts them to work, they make the assests. So the system creates the poor they are essential in keeping the rich rich.

[@jimeagle1952]

Poor people don't vote!

[@thelostsock2187]

@@jimeagle1952 stupid people tend not to vote, which isn't a bad thing.

[@mikeparr194]

I work my butt off six days per week to pay off all of my debts asap. We need to change America's "leadership" immediately. I understand that it is easier to continue as is. We have to change our spending habits for our children and our country to have a chance in the future. Instead of complaining and watching our demise happen, we have to make a change.

[@PazLeBon]

he cried......

[@omars365moments]

gg

[@ruidadgmailcanada8508]

Nope, no amount of changing spending habits fixes this. Only ending the Fed will. Good luck with that. 😅

[@bigo2032]

The BS of too big to fail They are picking winners and losers This needs to occur naturally, if you fail you fail. Someone else behind you is doing a better job and will survive.

[@googleuser868]

It's a rigged game. It's a big club and we ain't in it!

[@sdrc92126]

That is the goal of central banking/using debt as currency

[@Christopher.original]

Tom is completely outmatched by Raoul.

[@RealLifeFinance]

I was actually in a round table with Raul years ago and followed for years pre 2020. Tom seems clueless to what Raul is laying down the truth. 😮

[@haydenbob4073]

I'm glad you made this video, it reminds me of my transformation from a nobody to good home, $60k biweekly and a good daughter full of love..

[@sarahisla2055]

Please how?

[@sarahisla2055]

Am a born Christian and sometimes I feel so down 😭 of myself because of low finance but I still believe God 😞

[@haydenbob4073]

$156K monthly is something you should feel differently about....

[@benjaminluka8371]

Lovely! I enjoyed it like I enjoy a $100k monthly around the turn!!!

[@haydenbob4073]

Absolutely! I've heard stories of people who started with little to no knowledge but made it out victoriously thanks to Cora James

[@lizkeith1356]

whatever happens, WE MUST SAY NO TO ALL DIGITAL CURRENCY, NO MATTER WHAT IT IS CALLED.

[@HoneyBadger80886]

No CBDCS. Bitcoin is Not a cbdc.

[@lizkeith1356]

@@HoneyBadger80886 THEN WHY ARE THE BIG BANKS BUYING SO MUCH OF IT ? ANYTHING DIGITAL CAN BE CAPTURED BY THEM.

[@chuddolomite5]

Bitcoin is the only one to trust. They just don't want that because then we'd know where all the money is going

[@mattolivier1835]

You probably have no idea of what you're talking about. Nothing wrong with digital currency, as long as the government doesn't control it. The problem is, and has always been, the government! The bigger the government, the less freedoms the people will have.

[@akexmarrero]

The government does not need to control it. All it needs to do is control your access to it and your ability to use it. Computers and internet can be controlled.

[@Robert-to9zv]

Great observation. We as a country are drowning in debt. It can only crash before some type of recovery or reset.

[@paris466]

What he's trying to say is, nobody is paying on the principal (debt). They're only paying the interest. No principal is being paid down.

[@SeanSauvageau]

Tom. You need to ramble a little less. The preamble was entirely too long.

[@jacqdanieles]

This is exactly why I unsubscribed. He seems incapable of shutting up & letting the guest answer a question.

[@andrewp7490]

Care all, the truth is they are only right if the US is the only one printing money (or the one predominately having inflation / printing money). But they are wrong because EVERY country is printing money worldwide, so none of this really matters (the debt, the deficit etc.) because the whole world is racing to the bottom (so to speak) at the exact same time / pace.

[@ruidadgmailcanada8508]

You don’t make sense. US is slightly different because they were the Reserve Currency. So the US will be hit hardest, after the UK fails.

[@Cynthia-mm1cv]

Our economy is facing challenges due to uncertainties, housing problems, foreclosures, global fluctuations, and the lingering effects of the pandemic, leading to instability. The rising inflation, slow growth, and trade disruptions require immediate action from all sectors to restore stability and promote economic recovery.

[@VanChuong-on2gh]

Chose quality stocks and follow them up. If you're not one for such complexities, hire a wealth manager to grow your money. I use the latter

[@mandyyonge]

A lot of folks downplay the role of advlsors 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.

[@stevefrench5812]

I once heard someone say "you are the collateral in your country's debt, that's what birth certificates are for" and I laughed. Now... I ponder

[@sdrc92126]

You are obligated to repay the loan through taxes. The dollars in your pocket belong to the government and must be returned with interest (the rental fee for borrowing them).

[@joshchurch785]

​@@sdrc92126aka being a slave to a job that sucks your soul from your body . Basically this system won't last very much longer I see a huge collapse in 2026-2027. Huge collapse worse than 2008.

[@ruidadgmailcanada8508]

…and they’ll send you to war when it suits them.

[@spread4me75]

It's not impossible to buy a home today... I'm a great example, I'm a felon, after prison I worked 2 jobs, took all the overtime and side jobs I could get, lived below my means, saved every dime I could, and did this for 6 years straight, I recently bought a beautiful home, is saved enough for a 20% down payment and have money left over for appliances and still have money in the bank, it's definitely possible, if a felon can do it anyone can, I realize shits gotten more unaffordable but at least part of the problem is young people today are soft as hell, don't want to work hard, don't want to sacrifice, and don't want to live below their means, they want it and they want it now without sweat or sacrifice

[@Ben86511]

Congrats! Certain locations, pricing, can make it harder but yes, it's still attainable if you're willing to put in the work.

[@spread4me75]

@@Ben86511 I agree, I'm in Olympia Washington, an extremely high priced area in the nation

[@mikethefenceguy]

People still make low $20s per hour and houseS are $400,000. The inflation over the last 50 years is STAGGERING

[@spread4me75]

@@mikethefenceguy well it's up to those people to struggle their way up the job food chain and find a better job like I did despite being a felon I still found a way, they are MUCH more likely to succeed than I am as a felon, like I said if I can anyone can, if they are willing to work super hard, struggle, stay focused on the goal, etc.. they can do it too, I started at $20 am hour when I was fresh out of prison and worked my way up all while working 2 jobs, working all the overtime I could and doing side jobs, I'm not some tech guy just a guy in the trades

[@darkhighwayman1757]

I got on the property ladder using an FHA loan with around 8k down. Did luck out and bought at the bottom of the housing crash. The neighborhood wasn't great but the house doubled in price within 5 yrs and I sold it and moved to cheaper to live in state

[@NoraJovago]

Your explanations are clear and concise.Stop waiting for the government to give job opportunities which are wasting much of your time when you can invest in digital marketing and live your dream life.

[@user-uv4gk6is5q]

I sympathize with many people who had no knowledge digital marketing because currently dollar is unstable and coin is taking over to be universal currency.

[@Samuelregional..782]

Getting Anna Contreras, to help me really helped me clear all my debts. I started with what I have left and it's been the best decision I ever made.

[@Dorothy-nm6bn]

Thanks for continuing updates. I'd rather trade the stock market as it's more profitable. I make an average of $30,100 per week even though I barely trade myself.

[@GraceAlexander-ve6mq]

Congratulations you are doing well at your age my finances are in a rally in mess right now and this great tip will go a long way in shaping my life I'm open to ideas

[@James.0467]

What a testimony!!! I'm genuinely curious to know how you earn that much

[@Alaninbroomfield]

End the Federal Reserve Bank, which has utterly failed in its stated purpose. Too complicated? Why can't we simply issue our own currency? Why are we paying interest to a 3rd party bank?

[@sdrc92126]

Or succeeded depending on your perspective 🤔

[@socratesagain7822]

@@sdrc92126 It succeeded for the 1% beyond any "dreams of avarice." The other 99%? They got screwed, transformed into a permanent, rent-paying underclass...

[@Gob-is3sy]

It’s inflation and housing ,so it’s a 2 point punch. All of the affordable housing inventory has been devoured by inviting people over in the millions, and the money has been inflated into oblivion

[@sdrc92126]

Borrow money. Buy house. That borrowed money creates inflation. Sell house 1 year later for double the price. Repay original loan. Keep the difference. Repeat.

[@PazLeBon]

more like rich wealthy landlords buying all the houses and renting them

[@Gob-is3sy]

@@PazLeBon the numbers, tell a different story, certainly that didn’t help, but as I said in the below,, 12 million people devoured inventory, this creates scarcity of the affordable homes we desperately need, scarcity drives up the price

[@PazLeBon]

@@Gob-is3sy yeah its crazy, when such a wonderful opportunity to build homes and provide jobs is right there. governments love house rises tho cos adds to the perceived value of a country

[@veracityseven]

I visualize the financial problem like this: humanity pressed to the precipice of a cliff, with the poorest among us closest to the edge, with a gigantic wall representing the devaluation of money pushing the masses towards it. At the bottom of this cliff is drug addiction, depression, crime, and desperation. As money continues to devalue, the poorest among us fall first and then it's the middle-class closest to the edge, and then when it's only the rich remaining they can have their One World Government. (For a time, times and half a time)

[@mrmustangman]

🎯

[@jamestillman5247]

I have come to the same viewpoint.

[@googleuser868]

Until the sheep become wolves.

[@justineb.2283]

When people feel they have nothing left to lose all he'll will break loose.

[@PazLeBon]

drug addiction, depression, crime, and desperation.are certainly not things only the poor suffer, jeez

[@windrider23]

Remember, the Fed owns 1/3 of the debt. The interest payments on that debt are income to the fed. And that income is transferred back to the treasury as payments from the fed. Today, the fed is purchasing all the treasury bonds. They do this thru the banks. The banks buy the bonds, and then the fed buys the bonds from the banks. This is how we do quantitative easing today. This gives the government interest-free loans, and debt creation is not constrained by interest rates. Don't forget that the bank gets the money to buy the bonds from the increasing currency created by the treasury. It's a perpetual money machine, but all perpetual machines fail.

[@PazLeBon]

perpetual money machine; magic money tree :)

[@Peter-MH]

Have followed Raul for some time, and it's interesting to see how initially he came across like "things are a mess - here's where we can profit from it", but now it's like he's seeing total collapse of the system, and the 'making money' element is no longer the main focus!..

[@thuggineternal]

The sooner we all wake up to this reality the sooner we can break off from the corrupt systems that got us here to begin with and build something new. Unfortunately I'm starting to see that the majority of the population won't accept it until they are sitting in the dark, cold and hungry. Americans are idiots.

[@HoneyBadger80886]

Preserve what you have. PMs and NonETF bitcoin in self custody and #hodl

[@JustinJanki]

@@HoneyBadger80886 what is PMs?

[@danmar007]

Saying you can't afford anything is hyperbolic. And a lie.

[@jeemonee3915]

It's refinancing the debt

[@Technotranceism]

Hopefully they get a better rate 😢

[@PazLeBon]

I can afford to smell the roses

[@themaxterz0169]

Am i the only one who thought Raoul looked AI generated at first

[@Utubeviewer704]

Silent and passive communism

[@sdrc92126]

See The Fabian Society: the masters of subversion unmasked. Communism is the end goal, Utopia. Socialism is the process (opium) to get there

[@PazLeBon]

silent? trump and musk ?!

[@Atheria444]

I remember the popular in California interest only mortgages in the mid 2000s. I lived in Los Angeles and said, "Okay, this cannot be good." Yep. The crash happened soon after. Houses were so expensive people couldn't afford regular mortgages. Now it's even worse.

[@PazLeBon]

i took interest only, with the plan to sell 3 years later

[@1brentedward]

You are not "making money out of nowhere" Tom.. people have to stop with this nonsense. You must understand that money is a double sided accounting entry. They create the asset side (everyone understands this) and then they create the debt side for the same amount... so mathematically, each side cancels the other out. The part that is insidious, is the interest.. which must be paid from the prior existing money supply. This is how bankers end up with all the money.

[@poppygoldensun]

Usury!

[@kristiblack4789]

Usuary Fees!

[@kristiblack4789]

​@@poppygoldensunBaphomet Bingo Baby!

[@HoneyBadger80886]

Watch God Bless Bitcoin.

[@leandrawomack9029]

100%!

[@OxbowSummer]

Excellent convo. Raoul Pal is spot on IMHO

[@tristan9519]

Well done Raoul !!

[@Dan-l2y2r]

Most rich people were once poor. So, why aren't you rich? What did you do wrong and how can you fix it? Those are the questions people should be asking. The quickest way to fix it: BUY BITCOIN and soon, before you can never afford it again!!

[@Grumpyseabee22]

It’s a debt based system, it depends on recurring debt in order to survive.

[@sdrc92126]

Read the 10 planks of comminism, I can't post them

[@geoffreyrobert4132]

We are all paying 5-10% per year inflation tax rich and poor.

[@justineb.2283]

My mom was making $8.25 an hour in 1992. My dad was making $11 an hour. We had a nice house, pool, 2 dogs, fairly new vehicles, nice clothes, and vacations. I make $67 an hour today. I drive a 13 yr old vehicle. I have a decent amount of $$ saved. My credit score in almost 800 and I can not afford a house in my state (Massachusetts) I REFUSE to give 60+ % of my pay to a bank. The average home 4 yrs ago in my state was $250 thousand. Today it's $550. Yet most of these homes have not been updated. I can't help but think 2008 is going to happen again.

[@beemikeme]

I am from Mass and moved to GA because the weather is MUCH better and the real estate is MUCH cheaper.

[@robertfarrar9564]

Those homes you speak of were 75k homes here in GA 15 years ago, now they are 250k.

[@beemikeme]

@@robertfarrar9564 Yes, homes in GA are quite a bit higher now, but still quite a bit less than the same sized homes in the metro Boston area.

[@starspaceschool587]

Why can’t you afford a $550k house on $67/hr? The monthly payment on that is $41k/year that’s only 30% of your income. A little above recommended but not crazy. No where near 60%

[@robertfarrar9564]

@@beemikeme I know I’m from Boston. A 500 k home here in Georgia is 2-3 million in Boston.

[@scottdaunhauer2453]

'Consumer Goods' May be 'cheap', but Food is becoming Way too Expensive.

[@markndg]

They pay themselves off first

[@UsurpersAndAssassins]

The fact that our society is borrowing money (at interest), to pay the interest on debts we can't afford to pay off in full, IS DOWNRIGHT INSANE. This is all going to collapse and the sooner the better.

[@RelentlessOldMan]

I couldn't afford a house 25 years ago. They are expensive. This isn't new. What I'm taking away just 5 minutes in, is "own assets". This is what I would tell myself decades ago if I could.

[@beemikeme]

House prices 25 years ago were 4 times cheaper than now, so nobody to blame but yourself for not making the right choices in life.

[@Gob-is3sy]

@@beemikemeno

[@psychafunkapus]

Right but don't add assets that can be wrecked by taxes, insurance companies or creates capital gains.

[@darkblade3897]

Housing prices have increased 20,000% since 1980 while median income has only increased 400%. Saying houses have always been expensive is probably the dumbest comment a person could make. They're exponentially more expensive. The economy is cooked. Gen Z will barely own homes

[@PazLeBon]

@@beemikeme fascist statement of the week

[@MikeTesa]

Prices of houses are still escalating in my part where I live. Suburbs of New York City. Just seen a million dollar home took $200,000 more 1.2 million that's 20% more! It keeps going and going and going where I live. I just don't understand

[@sdrc92126]

Free money and tens of millions of people who want homes, what can go wrong?

[@green3488]

The fiat printing just makes the business cycle more pronounced.

[@sdrc92126]

As intended by Marx. It was the plan to get to communism(utopia)

[@PazLeBon]

oh they print Fiats? i wondered why they broke down so quickly

[@PazLeBon]

@@sdrc92126 musk and trump, nuff said

[@sdrc92126]

@@PazLeBon They both follow Fabian socialism

[@green3488]

@PazLeBon Yes, Musk and Trump going to jail would reduce the amount of fiat printing by an enormous amount.

[@hrisoflinoski4803]

Americans should invest more in "Project Ukraine", it will be their best investment in the future because Ukraine possess 26 trillions of minerals

[@Bernadettk]

Kalegri plan in Europe..

[@Jb-uy5zx]

In the U.S. as well. Seems it is everywhere.

[@LeeGee]

Blaming the Jews never helps anything

[@WilcoxNotreallythere]

He's blaming zionists

[@sidneyoverland6869]

I think you mean some of the baby boomers because the younger half are more worried about homelessness. We live in California & it’s been one thing after another. We weren’t going to retire until 70 and my husband suddenly lost his job. He has been looking for a job longer than in 2008. We can’t afford a home in CA. We didn’t cause any of this & plenty of younger generations have forced us out of our communities because they make more money. We have been absolutely mowed over and we are baby boomers. I should start a KZbin channel and rant about all of the misery we’ve put up with. When I was growing up evictions & foreclosures were almost unheard of. People didn’t lose their place to live if they lost their job. Also, people didn’t experience this kind of long term unemployment. What irritates me the most is that we didn’t receive any Covid money, they didn’t even send my husband a basic unemployment check, they made my husband pay a lot of extra taxes during Covid, they forced him into debt, and suddenly he lost his job and faces age discrimination. Now we are losing our place to live. We’ve lived here 10 years & some Millennials will show up with higher salaries and rent our place for more money. Our landlord will probably fix enough things to raise the rent quite a bit. We were already paying too much for too little.

[@PazLeBon]

similar places< gl, remember the flowers

[@socratesagain7822]

Don't blame me. I voted against Prop. 13, the gamechanger that enriched _corporate_ real estate holders and doomed future homebuyers with "welcome, stranger" laws... Before Prop. 13, homes remained affordable. Its passage caused a massive real estate bubble.

[@danskiver5909]

Jesus would be turner over all the tables in the financial sector

[@mikaelfransson3658]

If you read the bible right and prio. Matt 7:12, 28:20 and James 1:22 we have the way Jesus want us act! So why wait? We know how to do it if I and You don't start is the ebdtime! /Mikael❤

[@danskiver5909]

@@mikaelfransson3658; Doers or sowers are left with rocks and hard pack soil from which we intend to reap a harvest. Language is the key to change but we don’t recognize the limitations of a linear language system in a multidimensional world.

[@pelqel9893]

They should be using the term "principal" or "original principal" instead of "debt" to be clearer.

[@BruthaKeyz]

Gotta have more cow bell baby 🐮 🔔

[@jongundrum1076]

Isn't it funny how Government never suffers from these boom bust cycles.

[@tomgrundy5060]

Raoul Paul speaks with a forked tongue take his advise at your own RISK!

[@COACH-CARBOHYDRATE]

Most people spend above their means and essentially what it has been for a long time is keeping up with the Joneses rather than keeping it simple like riding a bike. Instead of driving a car everywhere most people are a sucker for laziness and lack of creativity, Carbs FTW!! 💪💪💪

[@crime_wavcorp]

This guy just literally repeats that BTC will be worth a million in 30 days for the past 6 or 7 years. Hard to take anything else he says seriously.

[@patrickchan2503]

The fact the host invited this guy is questionable. This show was sort of ok before. But now we know it's not ok. I came here to post this comment and unsubscribe. I won't watch the video.

[@josealexi5141]

Guest pumps Bitcoin while complaining that fiat money isn't backed by anything. Bitcoin is the *ULTIMATE* ponzi scheme.

[@metageist666]

He’s overly bullish but that’s isn’t true at all.

[@jwetzel3141]

Bitcoin will be made illegal. They will block the exit ramps.

[@mikethefenceguy]

Bitcoin n trump is everyone’s savior lately….. sounds like Antichrist and the Mark of the beast

[@eldronjaedike9374]

Why, what do you mean why? Because the WEF told the World - You Vill Own NOTHING, Unt you Vill "LIKE" it! (or else...)

[@RRTouringUK]

Anyone cheering on house prices is a fool or greedy or does not have any empathy for kids. Ever increasing house prices needs kids to walk into a bank to get ever increasing debt to pass on as a first time buyer. Young men get the short straw in the relationship as they are pressured to pay for the partner and children. I saw this happening years ago and my then wife cornered me one day with her family and buying a home. I said no that day. Soon after I was discarded. Best financial decision of my life. My advice to any young teenage man entering the workforce is don’t get sucked into the wife and two kids crap- it’s a trap.

[@PazLeBon]

ban landlords

[@andrewcrook2240]

You are wrong, wife and kids is only reason to live. You skip that u fail life. Thr mistake u are making is trying to make it in an expensive market. Sell your shit, quit your shit job and relocate. Find a wife, have kids. Good luck

[@fernandomarturet2486]

Im at my wits end. Lost my job in tech 4 months ago, I’ve sent out hundreds of applications and haven’t even gotten an interview. That is the only thing I’m skilled at so now I’m looking at going back to jobs that pay absolute trash and demand a shitload if my time. Got offered a position as a security guard for 17$ an hour and will probably take it even though I don’t think it will be enough to pay for my daughters school, mortgage and other debts I’ve accrued to survive. Wife is severely stressed and this is all taking a toll on family. Feels like you can never get ahead.

[@__Wanderer]

Tom sometimes you need to let the guest speak... why have a guest like raoul pal if you are talking over him continuously xD

[@beemikeme]

Agree!

[@sweetart9905]

This guest is full of B.S. anyhow. Move along.

[@hagestad]

Duude - that man thinks Taiwan is somehow magically producing computer chips. They use tech from Netherlands. They are just used as cheap labor.

[@walterkuhn8360]

If the Electric grid goes down for an extended period of time, what happens to said such Digital Currencies. If there is no power how do you transact in it?? There will be no phone service, so how do you transact in it?? There will be no internet service, so how do you transact in it?? you wont!

[@jameshu6255]

It’s the DNA of capitalism: “unequal wealth distribution, exploitation, and economic crises-and that these contradictions would ultimately lead to the collapse of capitalism”

[@sdrc92126]

No, debt money is the weapon of socialism to get to communism. Marx says this in the communist manifesto. "Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens."

[@socratesagain7822]

Allow me to add to your concept: Capitalism as an economic and ideological structure seizes _distribution_ not only of wealth but of work roles, duties and management! Boss vis a vis "worker" who has next to zero control over his job duties, shift, work hours, pension, vacation, health insurance, etc. Boss and buddies determine these critical variables. The worker has zero say as to any of these variables. Take it or leave it--then starve, get sick and die and go homeless, ignorant, etc. Capitalism extracts workers' blood, sweat and tears--the _surplus_ and distributes it upward. Not much to recommend late-stage or finance capitalism. Economic crises, in the main, stem from financial and monetary policies which bankers control.

[@peterbedford2610]

Half the country is poor now. Totally opposite in the 1970s when we still had private sector unions

[@TylerEric-n2z]

Miss Rosie Nolan Owen is a very legitimate and competent tra-der, her method works like magic, I continue to win with her new strategies

[@OlgaVladislav]

Most people today have been having a lot of failures in forex and crypto because of poor orientation and bad experts.

[@joshchurch785]

We need to end the endless slave system.

[@princessadventures1285]

I'm heading to the fentanyl path myself. Coming to the realization at 56 I have no retirement outside of ss( if it doesn't go away) so originally I was like well, that's fine, i'll just work till I drop. And now that's not enough because despite working my ass off i'm broke all the time. I've 100% had it. Screw this country.

[@EpicMCT]

Something to consider that many nations torment their citizens with an inflationary economy that destroys both dreams and living standards alike.

[@sdrc92126]

Kinda like the biblical Egypt

[@PazLeBon]

@@sdrc92126 history repeats

[@sdrc92126]

@@PazLeBon There are other examples, but that's the most famous and why history is not a thing anymore. And probably why Jews are dangerous to the system

[@kmlund42]

Argentina comes to mind. We all should have enough supplies and cash for at least a year. Pray to god it does not go on for 10 years like the Great Depression.

[@wsp1329]

If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life

[@AbramEvanson]

The stock market rally run is gone, ‹but l'm not sure if equities will swiftly recover, keep falling, or fluctuate in a narrow range for a few weeks, or if things will quickly get worse. I'm under pressure to increase my $150k reserve

[@codypotts-n1j]

​@@AbramEvansonAs a beginner investor, it's essential for you to have a mentor to keep you accountable. George Powell is my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.

[@TomCruise-j1g]

Can you introduce me to George Powell, l'd love to learn more about his service.

[@codypotts-n1j]

Georgepowellz

[@codypotts-n1j]

On Tele G

[@itsonlyafl3shwound]

Unless you live in Australia where they force your 401k fund to invest in green energy and commercial real estate, some states even forcing companies to bring workers back to commercial offices to save it!

[@PazLeBon]

yeahh green energy, good thinking

[@govindswaminathan8564]

Hi Tom, outsourcing production is like growing a tree on one land with its roots in another land, eventually profits strengthen roots and not the trees.

[@PazLeBon]

strong roots give strong trees and fruit. thats just a fact, terrible analogy :)

[@govindswaminathan8564]

@@PazLeBon I appreciate your view. My point is that outsourcing will seem to be profitable but eventually the economy of outsourcing country will weaken over a period in time, if this is not true then the people of the outsourcing country will be good economically and comfortable. Thanks for your honest response.

[@PazLeBon]

@@govindswaminathan8564 sure, agreed :)