Let me turn then to a remarkable story about modern capitalism that sort of illustrates the idea that the problems it has force solutions which then create more problems. Let me give you the example that is urgent now. You all know that we had a crash of global capitalism in 2008 and 9, and
PETER ATWATER: I can remember writing- shortly after Trump was elected, he has to placate his base. And he has to placate the markets. And their interests are mutually exclusive. This is a time where small localized individuals have far greater power than those at the center. My freshman class this spring- they do not
[Applause] President Steve Knapp: Well, good afternoon. I think the students here may know who I am but for those who are watching the broadcast, I’m Steve Knapp, President of George Washington University. And it’s really a pleasure to welcome you to today’s first class in the series entitled Reflections on the Federal Reserve and
one big thing China’s leader Xi Jinping is looking to make China the global superpower by 2050 but it may come at a major cost to some developing nations in 2013 she announced his multi trillion dollar belt and road initiative where China would build infrastructure projects throughout Eurasia the China debt trap is this
Grant Williams: He offers ways to avoid getting trapped in what he calls the ETF Vortex. Steve Bregman: Jack Bogle, the founder of Vanguard Group, who as– I don’t know his precise age, he might be near 90 now– is very active. And he speaks and writes– Which is ironic in itself, I guess. Yes.
GRANT WILLIAMS: The implications for this are just so broad, because everybody owns ETFs. From the lowliest retail investor who just has a couple of thousand bucks in the stock market, I guarantee he’s in an ETF unless he’s inherited shares from— STEVE BREGMAN: This is now the mode of investing. But up to active
This episode is brought to you by the new GoldSilver Vault App Get it for free at HiddenSecretsOfMoney.com The entire world is facing a debt driven disaster the scale of which has never been seen before in human history. The situation is now so severe that we’re left with only two options: default on our
What is the grade that you would give the United States for responding to the boom and bust today? The answer is definitely a failing grade. Have we fixed the problems that created this boom and bust? Sadly, no we have not. We still have a central bank that controls interest rates and which controls