Best-selling author Jim Rickards talks about a great escape from the U.S. dollar in 2021 and a massive influx of money that will flow into gold and bitcoin. “People are getting in gold and bitcoin because they want to get out of the dollar,” the Currency Wars author tells our Daniela Cambone as part of the Outlook series. Rickards also talks his new book, The Great New Depression, and how the first quarter of 2021 will be marked with a recession.
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It’s obvious that the world is changing and the mark in history for the change is 2020. Government debt and central bank balance sheets are at levels never before seen in the history of the world. Unemployment is still at all-time highs, and the gap between the rich and the poor is growing wider and wider.
Simon Black, the founder of Sovereign Man, believes that in order to achieve true freedom and prosperity, you have to be able to make more money, keep more of it, and increase your freedom.
Hosts Robert & Kim Kiyosaki and Simon Black discuss why now, more than ever, is the time to be an independent thinker and take back your freedom.
Created by Ray Dalio this simple but not simplistic and easy to follow 30 minute, animated video answers the question, “How does the economy really work?” Based on Dalio’s practical template for understanding the economy, which he developed over the course of his career, the video breaks down economic concepts like credit, deficits and interest rates, allowing viewers to learn the basic driving forces behind the economy, how economic policies work and why economic cycles occur.
To learn more about Economic Principles visit: http://www.economicprinciples.org.
The rise of automation means that many workers around the world will eventually be replaced by robots and artificial intelligence, and most Americans are not financially prepared to face a reduction in income, said Robert Kiyosaki, best-selling author of Rich Dad Poor Dad.
“The reason we have social unrest is that people that are protesters [don’t have assets]. They’ve got nothing. If they lose their jobs and they lose their income and they have [no assets], we’re going to have a revolution,” Kiyosaki told Kitco News.
0:28 – Hottest investments today
1:00 – Gold to replace dollar
2:04 – Americans don’t have savings
3:54 – Robots to replace 800 million people by 2030
8:45 – Altruism vs greed
12:13 – Is it capitalism’s fault?
13:22 – What’s wrong with our education system?
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