Commonalities: Excess borrowing, and devaluation of the currency. Outlier: Andrew Jackson telling the Central bank to F off.
Guys in the background @ 17:50 ๐
That make out session on the lehman brothers news report was wild.
Our economy is like a flailing fish, fighting for its life. 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.
Bro's probably going to have to update this within a year.
I'm a 48-year-old doctor, burnt out from long hours and stress. Never invested in a retirement portfolio, fearing an economic collapse. Planning to retire soon, I wonder: If you had $1 million for safe stock investment over 4-5 years, how would you begin?
2:33 161 AD 2:52 301 AD 5:12 692 AD 6:28 14th century 7:48 Black Death 8:20 1637 8:30 17th century 11:08 1832 13:02 1873, Black Friday until 1879 or 1896 15:02 Great Depression 15:12 1929
You put the Lehman makeout scene on purpose didn't you? ๐
Diocletian did introduce another coin, the solidus, which was made of solid gold and survived in its purity through 700 years of civil war, Muslim invasion, and other catastrophes all the way up to the mid 1000's, when emperors finally began debasing it again. The word "soldier" comes from the name of this coin. The Jesus coin of Justinian II was one such type of solidus.
Great video!! ๐๐ .. "The only thing we've learned from history is that we never learn anything from history.โ ~ Georg Hegel, German Philosopher
Whats your favorite economic collapse of all time sir?
The thing is, there is no antidote to excessive greed and stupidity.
The continuously changing economic conditions in our society have made it necessary for thousands of peopleto find additional sources of income. Personally, I am looking at the stock market to fuel my retirement goal of $2m, my concern is the recent market crash.
โThis time is differentโ is the mantra of every speculative bubble.
Bro skipped a millennium AND the role of the Fed in the 1930โsโฆthis really is the abridged version of
This kind of video could use a consistent half-transparent year in the corner of the screen changing as we move through 2000 years.
When the dollar gets weak, it could mean tough times ahead economically. I'm thinking about how to protect my money from inflation. Lately, I've heard a lot about Bitcoin. With its halving finished and ETFs approved, many folks expect its value to shoot past $100k. I've got $300k saved up, and I'm tempted to invest now. But I'm worried: Is it too late to make the most profit?
17:51 the dudes on the right ๐
Olympic GOLD metals in 2024 have less the 2% of gold.
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