The REAL Cause of EVERY Financial Crisis

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Since we're approaching April, one of the best months to buy stocks. I am currently holding north of $300k in a savings account waiting to invest in another huge opportunity.. Where would you invest this as of now?

Best peace of advice I ever received about wealth was in my early twenties. Here it is. "Building wealth, real wealth, is boring. It not fast and it's not difficult. It's being disciplined and living off less than what you earn, using the difference for a rainy day fund and investing in broad based mutual funds and/or index funds". It's a snooze fest and it's unsexy

I used to think everybody went broke during the Great Depression and other major crashes but they didn’t… Some made millions, I also thought everybody went out of business during these times but they didn’t, some went into business, there's always depression/recession for some people and there's always a good time for others, it's all about perspective. My primary concern is how to grow my reserve of $400k which has been sitting duck since forever with zero to no gains.

Warren Buffett has mastered what patience looks like. He has stuck to the markets, having a long term view on the markets. This is what I'm struggling to do, trying to learn how to not react to market news about inflation and all. I have currently set aside about $553k to put in the market now that prices are down. Any ideas?

I came to the US in 2003. Around that time and for a very few years, I saw some ads that were very confusing about getting a second mortgage to go on vacation or pay for credit card debt to access the "excess equity" in your house. I always found it very confusing that this kind of thing was being promoted.

Fed reserve and the treasury is not bothered about stock capital market. They are more concerned about the treasury bond market. They fear the bond market may become dysfunctional and illiquid. Bond yields are one of the important parameter that influences stock market. All stock pundits fail to mention how the bond yields influence stock market. My main concern now is how we are going to achieve all of that given that the market has been a mess for most of the year. I already lost $23,000

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.

American humorist and writer Mark Twain is frequently credited with the aphorism: “History doesn't repeat itself, but it often rhymes.” Which means, while details change, circumstances change, settings change, names change, similar events will essentially recycle.

Some people did foresee the 2008 Crisis. Read Anne Pettifor "The Coming First World Debt Crisis", written in 2006. It's one of the most thought-provoking books I've ever read. She foresaw the 2008 economic crisis 2 years before it happened.

Things, money, more "things"... filling the void, being on the safe side at all and/or any cost. One day we might finally learn as a community that THIS is not what life is about, they are distractions, illusions in the best case, with a skin deep meaning. Until then we will continue to go through this cycles over, and over again or, until one of them finally beats us permanently.

I was getting my econ degree in the mid-2000s at Boise State and we were all talking about the upcoming housing crash. We saw it coming as early as 2006 and it was "just" a state university. Yale didn't see this coming, but we did. You got the story totally right. But there was more to it. There was also a racial component. In class we listened to a podcast interviewing people who'd recently worked at mortgage banks. The guys being interviewed were from a company that apparently targeted black homeowners with sub prime loans, knowing that the whole system was about to crash and and telling themselves that it was okay because it was black people getting screwed. Finance types are the worst.

Life isn't fair. Wealth disparity is real. Inflation is up, wages are stagnant, recession is likely. But, complaining won't help you. Cut costs and spending choices. Build your skills and earn more. Learn how to invest and grow. Take control of your life.

I can't get enough of your Company Forensics videos guys. I saw the quality of the content grow into excellence over time and never get boring. The quality of the production, the stories, the knowledge, and the insights are just the perfect combo. Awesome job guys! Really!

It's no mystery to me why history keeps repeating itself. I remember seeing people who went through bankruptcy and lost multiple houses in 2008, 2009, and 2010 immediately jump back into debt the first moment they could, and start the cycle all over again. Too many people just don't learn.

I must be an oddball. I have not studied economics, finance in general. Not surprising, but what makes me a real oddball is the fact I actually listened to my parents, grandparents, aunts and uncles. They gave me a wealth of information on poverty (Great Depression) and the preservation of wealth. By listening to them, I was able to avoid the trap of "Get rich quick" and see the patterns of the early 1900s repeating again as early as the 1970s. Anyone who doesn't study history is bound to repeat it.

Great video, but a couple minor corrections: -The Dutch revolutionized finance, but they didn't invent the futures contract, we have records of futures being used as insurance and investment back to the code of Hammurabi in ancient Babylon -The east India trading company was chartered by the British and is a separate entity to the Dutch west India company that was involved in the tulip bubble. -Sub prime loans are those given to individuals with low credit scores at a higher than market rate to account for the added risk to the lender. Loans who's rates change to a higher rate at a later date (the definition given in the video) are referred to as balloon loans or teaser rate loans.

Good points! I think a major part of the problem is that when someone figures it out they try to profit individually from it instead of raising alarm bells about the problem.

I love the way that you underlined that the problem is not the stock market, the real estate, this one, that one...The problem is our relation with education, with information, we put so much attention on things not so important but we don't put attention on things that affect our life! We know the last girlfriends of Pete Davidson but we don't know how the world works, who we are, our goals, how to reach them... Great narative and great video! Keep up the good work🙏🏻

It was hard for us to learn anything back in 2008, because emotions were so high. There was so much finger-pointing, people were more focused on avoiding blame than actually taking steps to avoid the next crash. They just wanted to get back to the next boom and tell all their enemies that they were right all along. Our egos are the problem.