These 2 Videos Are an Entertaining Econ 110 Class

You Must Not Miss!

Sometimes an expert uses media so well–that they make a complex, thorny issue becomes simple, clear, and even entertaining. And all the lightbulbs come on, in your mind.

I’ve got to share with you two videos like that. They will bring you up to speed, on how the economy works, like no others I’ve ever seen.

The quality of the animations, and the script/explanations, for both, get an A+ from this former university professor.

You know how book reviews always say, about great fiction, “I couldn’t put it down?” Well, similarly–I couldn’t turn these two videos off.

Watch them, and you’ve got a better understanding of finance, why recessions happen, global economic history, banking, and macro-economics better than I got from my whole semester in Econ 110. In fact, you might want to watch them twice, they’re both so rich.

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I promise, you’ll then understand the American economic landscape better than anybody at next week’s neighborhood BBQ. Not that it’s a competition. But there’s never been a time when we needed more than we do now, to understand how to navigate what’s ahead–

–and that starts with knowing not just our own (“micro”) balance sheet, but how the balance sheet of the USA and the world work, too.

In this first video, a brilliant millennial makes recessions, the 2008 economic meltdown, and how the banks (in combination with the ignorance of “we the people”) totally understandable, accessible, and even entertaining.

In this one, a famous American billionaire, Ray Dalio, explains how the history of the last 500 years gives us a good clue about where we are, and where we’re going.

Dalio is very “bearish” on our economy, he’s always out in the media predicting doom and gloom:

But I also feel that he isn’t aware of how everything in the future may be different than the past, due to the long planning of a handful of globalists who hope to bring us all under one umbrella, of the Great Reset. Where collapsing economies make us vulnerable to agree to hand over all assets and freedoms, for the “safety” of the Marxist “Fourth Industrial Revolutionists.”

So, that’s my caution. Don’t apply the logical fallacy that the past always predicts the future–because the past hadn’t met Gates, Fauci, Soros, Schwab and the rest of the squad who appear to be preparing themselves to capitalize on the capitulation of nations all over the world, that they helped set into motion with the massive overreaction to COVID.

(The Prime Minister of Italy, Mario Draghi, just resigned, and Parliament may be dissolving–and the entire Japanese government just quit. These are unprecedented times. The Italian government is typically volatile, but the Japanese government is generally very stable.) The U.S. won’t be able to sidestep all this, there’s rot through-and-through in our institutions as well, and I think our planning and preparedness have to account for the possibility that “all bets are off” when it comes to the idea that “this is just another economic cycle.”

That’s not MY vision of the future. But I would add that to Dalio’s analysis: that with the way technology has allowed elites from afar to “rule” over us via the “public-private partnerships” Schwab and WEF love, and Big Tech, and the media–we have more risks, and more powerful risks, than we have had in the past, where warships and guns and physical incursion are how transfers of power happen.

Let me know how you like these two videos! I think they’re epic, and you’ll learn more, in a shorter period of time, than anything you’ve done this week!

Ray Dalio:

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