? HOW TO MAKE MONEY ON AMAZON – FREE eCOURSE: ?
? http://TheAmazonGPS.com ?
—————————————————————————————————
LOOK THROUGH MY BOOKS! http://books.themoneygps.com
SUPPORT MY WORK: https://www.patreon.com/themoneygps
PAYPAL: https://goo.gl/L6VQg9
OTHER: http://themoneygps.com/donate
—————————————————————————————————
AUDIOBOOK: http://themoneygps.com/store
T-SHIRTS: http://merch.themoneygps.com
MY FAVORITE BOOKS: http://themoneygps.com/books
—————————————————————————————————
Sources Used in This Video:
https://goo.gl/YpU9nm
—————————————————————————————————
David Quintieri, author of The Money GPS book series, is here on the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand.
#money #debt #invest
Debt is expanding faster than income. There's no turning it back, in fact. There can be no resolution. In the Financial Crisis it was fully understood that derivatives were the reason why debt is so dangerous. All of our debt which could be in the form of a mortgage, an auto loan, or anything else. It's all collateralized and securitized into "investments" and could easily spiral out of control. This is why despite subprime being a relatively small part of the total, it created such a mess back in 2007. This is a very bad sign for things to come.
The truth will set you free!
Crash Any Day
No debt is good debt…
Hm. Making Sense. 1. The Fed printed money to keep interest rates low to help out after 20082. The Fed gave a lot of that money to the banks3. Banks gave a lot of that money to big business, corporations4. Big Business and Corporations inflated their stock prices by using accounting tricks to log that cheap debt as assets or bought assets with that cheap debt, so to the surface eye their books look good, but really their fundamentals are poor, so many stocks are time-bombs. Inflated balloons. The more heat on that balloon the sooner it will pop… slumps in aggregate demand, high debt public, trade uncertainty, and all of this even with Trump's massive tax cut. With shrinking demand the deficit will grow from lack of tax revenues5. So we do have inflation already, but its been rigged and filtered only into the Stock Market to favor the 1%, meaning the Fed subsidized the over-valuation of stocks that corporations and traders can live on. Most of the QE money didn't go to the general public, but went to the 1%. Like…selling a stock for 100 dollars but it should really be 40, but it's only 100 because the books make it look like their debt are assets and traders further speculate the price upwards so they can get larger commissions. 6. We're in a similar situation to 2008 but instead of toxic subprime mortgage and CDOs between real-estate and big banks, it's corporate junk bonds hidden in ETFs and Index Funds between Corporate America and big banks. Similar to how Moody's and Finch overrated subprime mortgage stocks, they kind of did the same thing in the Corporate Bond market though it seems they've learned their lesson a little bit by demoting some bond ratings of companies7. Once the market crashes or "corrects", their will be massive asset deflation, but followed by a period of either Stagflation or Inflation, particularly since the Federal Reserve will step back in and do more Quantitative Easing and printing to keep rates low, if not push rates into negative rate territories. 8. In summary, the rich got bailed out, the Fed bailed out their stocks but then helped inflate those stocks which favored them and traders, aka they used inflation to their advantage, but when the market bust, that inflation will spread to general public
Individuals are in debt BECAUSE THEY SPEND TOO MUCH MONEY EACH MONTH.
One month ago near the short-term lows in the market, I repeatedly stated that the market indexes would
When i was a kid in Australia in the 70s the first credit card for the masses came in. It was called Bankcard. the brand mark was bankcard with a small b shadowed in 3 different colours. the 3 bs read more like 3 sixes. With people not aware of the consequences of credit cards in the early days and getting themselves into a lot of debt, people started to talk about the devil's 666. I remember my parents talking about that back then to this day. I guess that is why I have zero credit card debt. Thanks Mum and Dad. I guess my 3 sisters weren't listening.
I've been depressed and almost lost my car due to my credit card debts and loans until I connected with ruma_telecom11 on !nstagram, he helped fund my account and no upfront fee, I'm so glad
America is great again
Already printed money not solving the problem. Still want to continue printing. The disaster going to be bigger
I've been in debts for a while now and almost lost my car and house due to my loan and credit card debts, ruma_telecom11 on !g helped me clear my debts and funded my account, the dude is Awesome
I've been in debts for a while now and almost lost my car and house due to my loan and credit card debts, ruma_telecom11 on !nstagram helped me clear my debts and funded my account, the dude is Awesome
You said, "…it is detrimental." I heard you say, "…it is debt-rimental".
I can help you make money money even with debt credit card text me on +17192863377
Great job again! I love your concise reports.
One solution; armed struggle and revolution.bring death amd misery for those who brought death and misery for is and our children
So many southern California residents appear to be looking to retire out of state. Is that housing market going to implode?
lol'd at making Janet Yellen smile
I wonder when negative interest rates are coming to the US now that Trump has sent up a test balloon on that idea.
Have credit cards, keep them at zero balance. Don't buy crap you can't pay for fully by the due date.
A debt-based economy is a worm eating its own tail. When "Peace and security!" is declared in Israel; a WAR breaks out with Iran. 1Thessalonians 5: 2, 3 Daniel 11; 44, 45. This event causes a financial meltdown Psalms 46: 4-6. The loss of the Euro Ezekiel 7: 19 is a wake-up call that its all going to go, due to the arrival of world-wide wrath. Revelation 11: 18. A one-hour event seen in Revelation 18: 17 collapses the worldwide financial system. Mr Trump's 'deal of the century' to create peace between Israel and Palestine back-fires very badly when pilots destroy Iran's nuclear assets; and refuel in Saudi Arabia. When Jehovah's Day of anger appears, as seen in Zephaniah 2: 1-11 the distress and crisis is seen in GAZA, ASHKELON, ASHDOD AND EKRON. Christ Jesus told His disciples in Mark 13: 16 to 'Get out of Judea' at this time. It is a time of MISSILES DEPLOYMENTS. 2Peter 3: 10.
Worked my butt off and didn't go crazy with nightlife of Toronto and can cook, don't need my 5$ Starbucks coffee etc. Been debt free since 2 years ago now 35 and best feeling. Still gotta worry about things but I paid off my house and business debt within 7 years. I sure wasted 7 years in university studying this stuff butt I like to look at those diploma's cause one day I will wipe my ass with them lol
Jews should be in prison for applying satanic compound interest.
Satanic useless demonic useless jews?????????
Usury at its finest.
With this much debt, the economy is very fragile. The majority of folks are just living paycheck to paycheck. Any recession and the house of cards will fail. Unfortunately, the Fed won’t be able to lower interest rates to prime the economic pump. Only thing the little man like myself can do is get completely out of debt, which I’ve done.