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Sunday, December 10, 2023

Reserve bank states “Simply Accept That You’re Poorer”


Peek Below the Skin of the marketplaces Nov 9, 2023


Ray Dalio and I share a typical viewpoint on history working as an important guide, especially in the context of transformations. These transformative occasions tend to unfold in the wake of extreme political polarization, disputes in between countries or ideologies, and financial obstacles that increase social inequality. With all these aspects present in our existing landscape, the information I will reveal will equip you to browse the unfolding circumstances or acknowledge indications of advancements that may currently be underway. Brace yourself for what lies ahead, as there are unquestionably chances on the horizon. Nevertheless, it’s important to acknowledge that things might aggravate before they enhance. The essential takeaway is to empower yourself with the understanding of placing yourself in the best location, at the correct time, with the best properties. Tune in to find how to take these chances in the middle of the obstacles.

CHAPTERS:

0:00 History being a guide
1:28 Union Subscription– Earnings Inequality
4:10 CEO Pay
7:06 You Are Poor– Accept It!
9:02 Unions Gain Power
11:30 Union Subscription Grows
13:29 Union Drives Effective
15:24 Costco Selling Gold
16:07 Belong To The Transformation

SLIDES FROM VIDEO:

SOURCES:

https://www.zippia.com/advice/union-statistics/

https://www.npr.org/2023/09/13/1198938942/high-ceo-pay-inequality-labor-union-uaw-workers

https://www.theguardian.com/business/2023/apr/25/britons-need-to-accept-theyre-poorer-says-bank-of-england-economist#:~:text=British%20households%20and%20businesses%20%E2%80%9Cneed,pass%20on%20their%20higher%20costs

https://www.bloomberg.com/news/articles/2023-10-24/cities-states-contend-with-more-strikes-as-unions-gain-power?sref=rWFqAg1Y

https://aflcio.org/2023/1/19/new-bls-data-union-membership-grows-more-200000-2022

https://www.liherald.com/rockvillecentre/premium/stories/what-the-hollywood-strikes-tell-us-about-the-state-of-unions-in-the-us,192143

https://www.gold.org/goldhub/research/gold-demand-trends/gold-demand-trends-q3-2023

https://www.cnbc.com/2023/09/27/costco-is-selling-gold-bars-and-they-are-selling-out-within-a-few-hours.html

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