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Category: Money & Wealth Page 1 of 5

The Changing World Order

This video by Ray Dalio is based on the book: The Changing World Order.

Personal finance: How to save, spend, and think rationally about money

Whether you have a lot of money or debt, it matters how you handle your finances. A crucial step in saving is to reassess your relationship with money and learn to adopt a broader, more logical point of view. In this video, social innovator and activist Vicki Robin, psychologist Daniel Kahneman, Harvard Business School professor Michael Norton, and author Bruce Feiler offer advice on achieving financial independence, learning to control your emotions, spending smarter, and teaching children about money. It all starts with education and understanding.

The more you know about how money works, the better you will be at avoiding mistakes and the easier it will be to take control of your financial circumstances.

Check Vicki Robin’s latest book, Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence, at https://a.co/d/23a2Pjv

Are We Entering a Period of Global Recession?

If you listen to the media, we are already in the grips of high inflation and descending into a global recession. True or not, the mantra becomes self-fulfilling.

We all have a personal economy that depends on us to take leadership. We will be disappointed if we wait for the government to save us. It is up to us to step up to our personal financial leadership and make the most of the uncertainty.

What will you do differently?

Surely, money in the bank loses value every day if it is not put to more productive use. With the stock market down by about 30%, that’s looking risky. How about real estate? In some markets, a drop of 23% is expected.

What will you do?

Personally, we are investing heavily to create intangible assets that go up when the market is down and go up even faster when the market is up.

What about you?

How to Get Rich Without Luck

This giant podcast episode includes all of the interviews from Naval’s ‘How to Get Rich’ tweetstorm. This is a must listen to session for anyone wanting freedom and committed to being a Sovereign Individual.

Transcript: nav.al/rich

Seek Wealth, Not Money or Status 1:30

Make Abundance for the World 6:40

Free Markets Are Intrinsic to Humans 10:21

Making Money Isn’t About Luck 14:19

Make Luck Your Destiny 19:25

You Won’t Get Rich Renting Out Your Time 24:00

Live Below Your Means for Freedom 28:40

Give Society What It Doesn’t Know How to Get 31:01

The Third Industrial Revolution

The global economy is in crisis. The exponential exhaustion of natural resources, declining productivity, slow growth, rising unemployment, and steep inequality, forces us to rethink our economic models. Where do we go from here? In this feature-length documentary, social and economic theorist Jeremy Rifkin lays out a road map to usher in a new economic system.

A Third Industrial Revolution is unfolding with the convergence of three pivotal technologies: an ultra-fast 5G communication internet, a renewable energy internet, and a driverless mobility internet, all connected to the Internet of Things embedded across society and the environment.

This 21st century smart digital infrastructure is giving rise to a radical new sharing economy that is transforming the way we manage, power and move economic life. But with climate change now ravaging the planet, it needs to happen fast. Change of this magnitude requires political will and a profound ideological shift.

Why We Need to Debunk the Deficit Myth

We are in unprecedented territory.

Government spending is increasing at an unprecedented rate to deal with the effects of the coronavirus pandemic. Many people worry this could burden future generations. However, economist Stephanie Kelton, author of The Deficit Myth, argues that we need to rethink our attitudes towards government spending.

Could Modern Monetary Theory help us navigate our way out of this crisis – and even help build a fairer economy?

If the government can print unlimited amounts of money to cover and deficit and to sustain spending, why do we need to pay taxes? Food for thought.

Producer: Dan John

Animation: Jacqueline Nixon

Richland

The 90% Economy

Why is Singapore so Rich?

The Power of Money

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