Looking forward at the The Big Picture and Economics of the Tumultuous 2020's
Showing posts with label Robert Kiyosaki. Show all posts
Showing posts with label Robert Kiyosaki. Show all posts
Monday, August 31, 2020
Robert Kiyosaki: Money and Debt 101
This quick little compilation video, featuring an interview with Rich Dad, Poor Dad author, Robert Kiysaki, really gives a good explanation of money and debt in five minutes. This is a real quick video, and there's a lot more detail to the whole picture, obviously, but this is a great overview of how money and debt function in society. It you're new to investing, or are confused by all the jargon people throw around, this helps begin to explain things.
Sunday, July 5, 2020
Robert Kiyosaki talks about major cities going bankrupt
Best known for his 1997 book, Rich Dad, Poor Dad, and several investing books since, investor Robert Kiyosaki talks about how commercial real estate supports cities themselves through taxes. What happens when the office buildings and retail stores empty out? Cities themselves, small, medium, and large, could go broke. Robert focuses on New York City, as an example of what's happening, and will happen, to cities throughout the U.S., and the world. This short, 5 minute video is a great insight into this issue from a top investor's mind.
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Update: July 16, 2021
So... the Fed has continued to drop "helicopter money," though not as much as last year, to prop up the economy as a whole. Asse...