The financial crisis no one is fixing | Business Beyond

Every day we encounter novel challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $500,000 savings vanish after putting in so much effort to accumulate them.

The US economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

We are currently in the jaws of the worst bear markets I have seen, the average stock has been cut in half, and the only way to make money this year has been to either short or to trade long in very short time frames. I'm still at a crossroads deciding if to liquidate my dipping $117k stock portfolio, what’s the best way to take advantage of this bear market?

The disastrous decision to repeal the Glass-Steagall Act in the late 1990s led to the spectacular failure of huge banks during the financial crisis of 2007–2008. To prevent a future catastrophe, Dodd-Frank and this Act both need to be revived right away. What happened with SVB is just the start of what will happen if nothing is done to address the current problem.

Thank you for sharing your thoughtful content... for
putting it out there with the passion that many of us need and strive for. I'm starting to listen to you
almost every morning. Your voice and words are calming, clarifying, uplifting and motivating.
It feels real and genuine. I am grateful to have your channel as a source for having a better relationship with myself and the world around me?

A bear market will eventually finish, and a new bull market will commence. But how do you know when the market has reached its bottom? How can I profit from the current market?" I've heard of people getting up to $250k in a couple of months during this crash, and I'd like to know how.

To my 🇺🇸 🇬🇧 friends...
Does your state/national government give some kind of aid (ie. Financial / Healthcare / education) to the citizens with low economy?
Thanks before!

But no one talks about the root of the evil which is wealth distribution. The economists sound like the PR strategists diverting attention.

It is a government inspired crisis this time. The Treasury have to sell Bonds to cover the trade imbalance and the government spending imbalance. In order to sell them they have to raise interest rates and the old long-term, low risk, low interest, AAA investments (including Treasury Bonds), held by the banks (often due to government regulatory policy), become next to worthless. The next milestone is the 15th when the government issue a new batch of Bonds. I have approximately 350k stagnant in my portfolio that needs growth. What is the best way to take advantage of this downturn?

Without too much theory - there is really not much psychology into "future self" all the society needs is better financial education - teaching investing, smart every day financial decisions in school, being self reliant, taking care of others too. Current education system fails to do it. Miserably. The reason is that current financial education is working on behalf of corporations (banks) and reliance on governments instead.

I used to think every investor lose out during recession, meanwhile some make millions. Bottom line, there's always depression for some, and profits for others. it all starts with having the right mindset. That said, I've set aside $265k for future, unfortunately I'm a complete noob.

The French people should be angry. They should shutdown the country. This idea that everyone will reach 90yrs old is nonsense. It gives me hope that people of other countries will respond with force and head for the streets if governments try and make people work longer.

In the USA we could remove pay caps on social security. Right now income is only taxed up to $250k per annum. If we extended it to billionaires we would fund he program for ever.

There is a way to do thing and if you do not know it how to do things take help or go for refferendum!

Hella bots up in here. Thumbs down to not get anymore feed from this channel.

The financial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down. Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and expenses, rather than focus on the capital crimes of politicians and corporations,I'm still at a crossroads deciding if to liquidate my $338k stock portfolio, what’s the best way to take advantage of this bear market??

California with its huge multi-million dollar pensions are a great example.

Before we stopped them, our advisor had us in over 60 assets. I'm now on my own to attempt and tidy up the mess. lost more than 25% over the previous three years. Huge national financial organization.Gregory Thomas Patchak has helped us become debt-free, save for retirement, and has helped transform my life. He has been amazing, and ever since I met him, my life has taken a positive turn because of the passive income through his knowledge and ideas, which are crucial for succeeding against all odds in this area of online commerce. I'm happy that I was able to contact him earlier this year.

Voluntary euthanasia can solve many issues discussed here

Great video. We are all seeking for financial independence and a better way of life. This is not difficult to achieve with savvy investing, a frugal lifestyle, and cautious budgeting. I'm glad I learned early on to work hard for financial independence. As Warren Buffet said, he has seen this happen many times in his life. Not an investor, My husband and i never earned more than a middle class salary. We plan to get retired at 58 with a stock portfolio worth $4M. We have never sold so much as one share of stock.

"Birthday parties a rarer sight than funerals" - individual has one birthday a year and only one death in their life... don't think this statistic is corrrect

Thank you!

Answer is very simple , "Limit huge accumulation of wealth in hands of few. Because in a complete capitalist economy , most of the surplus will be captured by a very few individuals who don't give a damn about others".
There are two ways either force the MNCs or big companies to spend more on society , or they come forward by themselves.
Though following either would be really hard as it may kill innovative and greedy mindset.

We see our future selves as us but we have no idea what our future selves hold. If we could we would reject it.

In the US many retire way before age 62 after decades of lowwage slavery in the workplace and they deserve the retirement benefits they depend on. Just like after the Baby Boom generation was born and went into schools which were newly built for them, so must the Baby Boom and all future generations get old and live in housing modified if necessary, for them, and with full government-sponsored retirement.

I am 19 and I have started my first business less than one year ago, yet I believe that the best way to ensure a good lief especially for us younger people is to start and think of investing since the beginning, I don't want to rely on this sick retirement sistem for sure, I want to keep enjoying my life and get better, not survive until I die.

It’s just math, that’s why pension funds hire Actuaries to do the math to make sure the contribution level + return on the investment can sustain the payout rate. Pension is not given to us by government, but salaried person pays into it during working years. Everyone need to have a education on finance and retirement planning if you want to retire comfortably.

Inflation can have a significant impact on individuals and their cost of living. As a result, it can cause negative market sentiment. It is important for individuals and businesses to find ways to navigate and potentially mitigate the effects of inflation on their finances. The current economic climate, including underperformance of financial markets due to fear of inflation, has led to a decrease in the value of my portfolio. I would appreciate any recommendations on how to potentially increase returns during this market downturn.

So retirement is a huge ponzi and we’re realizing it now that the bill is coming due

aaaaaaaaaaaaand thats why living in the now is all we have.........Im so glad I did the traveling and adventure crazy stuff in my teens, 20s and 30s....I couldn't imagine just toiling away just to have it all collapse eventually...which it will.....

The one thing I didnt hear them say, is that there are just too many people to sustain equally, lets be real there....too many people.....all want pensions, retirement, great jobs, while devouring the planet.....everything has a breaking point.....

The fina--ncial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down. Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and exp-enses, rather than focus on the capital crimes of politicians and corporations,I'm still at a crossroads deciding if to liqui-date my 338k sto-ck port-folio, what’s the best way to take advantage of this be-ar mar-ket??

Is that a Dutch accent (slight)? First presenter

i am surprised, that decrease of natality wasn´t even touched here...

the assumptions we make, are as reliable as any prediction… yes, a man who fails to plan, plans to fail however, you can’t predict the future.

I would prefer to enjoy my life while I’m young instead wait until I’m old.

As a canadian......since I was 16 years old I clearly understand the economic mechanic of capitalism system......
That mean I have to deal with no government promesses......
With hard work and wise investment....I was able to take my retirement at 40......i'm 57....
The government and the banks are my employees

News companies have sounded like they're DYING for a recession to hit to increase their traffic 😒😒 we've been hearing about it for like a year or more, talk about other things instead, preferably that are actually happening now

Increase taxes on the rich and impose duties on countries that don't increase taxes on the rich. Also, tax banks and churches.

Just look at Australia's system. Employer now pays %12 on top of your wages into a nominated fund, which then invests those funds in a variety of ways. The average Aussie starting work today can look forward to a very comfortable retirement. For those that fall through the gaps the Govt will pick up the tab.

"Pay as you go" = PONZI

Interesting. As a 50 year old, who is starting to think about retiring one day, I have to say that this retirement age thing is unlikely to work. Governments should focus on recalibrating people's expectations and creating educational programs for careers after 60 years of age.

didnt' covid kill off all the old people?

As an elder millennial, one of the few advantages is having lived through the Great Recession. My advice. Reduce unnecessary expenses, increase your savings by investing in financial markets and do not sell. One thing I know for sure is that diversifying your income can help insulate you from much of the craziness going on in the world.

Why does the US stop 100% Social Security and Medicare taxation up to about 150k of income? Only about 26% of US taxpayers pay these taxes on 100% of their wages. The other 74% stop contributing on earnings above about $150k?

Inflation should also help pensions

Lockdowns, domino effect...

Isn't housing the main cost driving the levers here? If the population stagnates, but you can control the cost of housing the entire population, then would you not be able to better control inflation and house people more cheaply, thereby directing finances towards retirement? It feels like we're only looking at this issue through the same lens we're currently using, so trying to 'fix' the issue by moving the wrong goalposts, ie: the age of retirement. Shouldn't we lock the age of retirement, but fix the pressures at the other end of the scale, ie: lowering the cost of housing? Otherwise the current Gen X, Y, Zers will struggle through their working life, then face a higher age of retirement, truly robbing those generations.

I would argue that back then in the boomer times they should have forseen that they might have an easy time because there are more young than elderly but they should have prepared for the time when the tide gonna turn like investing governmentally into the stock market like Norway is doing. In Germany we are paying nowadays 100 billion Euros of tax money for the retirement system which was never intented like this. This creates the absurdity that pensioners pay taxes on their retirement money from which their retirement money is paid from