Bubblicious Economy: Car Prices Performing Better Than Some Retirement Accounts
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Here’s today's article mentioned in this news update:
1. The Federal Government Should Default on its Debt
The federal government should default on its debt
https://www.foxbusiness.com/economy/the-federal-government-should-default-on-its-debt
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https://www.youtube.com/watch?v=zMbg0C4XJIU
Michigan Gov. Gretchen Whitmer has divided the state into eight regions as part of her pandemic reopening plan. The governor rolled out the regional map a couple of weeks ago, but not much more has been said about it. The map splits Michigan into eight different regions. Those regions were determined by Whitmer’s Michigan Economic Council.
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#GretchenWhitmer #ReOpenPlan #Detroit
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https://www.youtube.com/watch?v=M22hneB6vmY
Join me tomorrow 12/4 @ 9:30pm EST for a chat on bitcoin and the Federal Reserve. I believe that the recent upward trends and the inclusion of bitcoin futures before 2018 is leading towards a possible buying opportunity for this revolutionary technology.
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Thanks for watching this RTD Mini-Doc, 'The United States Is Broke'. Give us a thumbs up and don’t forget to subscribe.
The U.S. debt-to-GDP ratio is at the highest level in history at 106%. Right now, the United States is roughly $21.6 trillion in debt. We have about a $20 trillion economy, which means our debt is bigger than our entire economy. We are deep into the red zone, that is. And we’re only going deeper. There’s only one solution left, inflation.
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A short explanation of how 97% of all money in developed economies comes from fractional reserve lending within commercial banks.
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https://www.youtube.com/watch?v=PUp4f54aipM
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In this in-depth exploration, we dive into the concept of the "Finternet"—a revolutionary vision for the future financial systems akin to the internet, aimed at dramatically enhancing the efficiency, accessibility, and interconnectivity of financial services. The Finternet promises to break down the barriers currently seen in the financial sector by fostering a network where transactions are not just faster but also more secure, cheaper, and universally accessible. This system is designed to empower individuals and businesses by making financial transactions instant, regardless of the global location or the amount being transferred, through a unified ledger system.
The video will cover how the Finternet could potentially transform economies, especially in emerging market and developing economies (EMDEs), where access to financial services is often limited. We'll discuss the technological, regulatory, and legal challenges that must be addressed to realize this vision, including the role of unified ledgers in creating a seamless and efficient financial infrastructure. Join us as we delve into how this ambitious plan could lead to broader financial inclusion, fostering economic growth and enhancing overall financial security for billions globally.
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https://www.youtube.com/watch?v=SQ1ftp4vk6M
RTD News keeps you up to date on what's happening around the globe. Thanks for watching this important update, "Former #UK Prime Minister #GordonBrown Warns Of Another Financial #Crisis:
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Here is today's articles mentioned in this news update:
1. World is sleepwalking towards another financial crisis, former UK PM Brown warns
https://www.reuters.com/article/us-financialcrisis-2008-brown/world-is-sleepwalking-towards-another-financial-crisis-former-uk-pm-brown-warns-idUSKCN1LT1LJ
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https://www.youtube.com/watch?v=g1tM3AsH3PU
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Fabian Calvo (a real estate investor, entrepreneur and author) sits down to discuss his book, The Global Economic Reset. Fabian is recognized around the world as Fabian4Liberty and hosts of "The Fabian Calvo Podcast" and the Fabian4Liberty YouTube channel.
In our discussion we cover the following topics:
1. What comes to mind when you hear the words "Rethinking the Dollar"?
2. Why monetary education and entrepreneurship is so important?
3.What would the Fabian Calvo global state of the economy address entail?
4. Why he wrote the book, "The Global Economic Reset"?
5.The past, present and future outlook on the Dollar?
6. What will a Reset look like?
6. What and how to take action for the days ahead?
For more information and to follow Fabian Calvo's work you can visit: http:/fabiancalvo.me/
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DISCLAIMER: The financial and political opinions expressed in this interview are those of the guest and not necessarily of "Rethinking the Dollar". Opinions expressed in this video should not be relied on for making investment decisions and do not constitute personalized investment advice. The information shared is for the sole purpose of education.
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https://www.youtube.com/watch?v=JES5BJzqrBA