Channel Title: How Money Works Channel Description: Subscribe to learn How Money Works. <video> You Are Not An Investor... But It's Important You THINK You Are... Description: To try everything Brilliant has to offer for free for a full 30 days, visit http://www.brilliant.org/howmoneyworks. You’ll also get 20% off an annual premium subscription. ------ Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ ----- My Other Channel: @HowHistoryWorks @HowMoneyWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. ------ The collective value of all American publicly traded stocks is now over fifty-eight TRILLION dollars. That’s more than a three times increase from just a decade ago, and American public stocks are now the second largest asset class in the world behind only Chinese real estate which has… not been performing as well… These amazing returns coupled with new technology which makes getting into the market easier than ever before has mean that more Americans than EVER are stockowners benefiting from this strong market! Investing is THE best tool for average people to build up wealth to fund some of their most important life goals like retirement, send their kids to college, or leaving some money behind for their children… With more people than ever benefiting from the stock market it means what is good for investors is good for everybody!!!... The only problem is… basically everything I have just said is complete bull… You are NOT an investor… but it’s really important that you think you are… </video> <video> The Rise of CEOs... That Don't Show Up To Work. Description: To try everything Brilliant has to offer for free for a full 30 days, visit http://www.brilliant.org/howmoneyworks. You’ll also get 20% off an annual premium subscription. ---- Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ ----- My Other Channels: @HowHistoryWorks @HowMoneyWorksUncut @HowHistoryWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #ceo #business #career ----- The average public CEO now makes nearly 400 times more than the average American as their pay has increased by an average of one THOUSAND four hundred and sixty percent [1,460%] since 1978. Now you probably already know the old joke that… no they are not working 400 times harder than their employees… but being a CEO IS still a serious commitment that normally involves making life long sacrifices to climb the corporate ladder or start a successful business all while being constantly accountable to shareholders and a board of directors. The pay is good, but the work is hard, and if you want to be CEO, you need to be on call 24/7 to put out fires, or your time at the top will be very short lived. That’s the story anyway… So then… what is behind the massive rise in CEO’s that only work part time, IF they show up to work at all? Well it’s time to learn How Money Works to find out why else companies have become happy to pay millions of dollars to people who barely show up to work. </video> <video> Why BlackRock is Building A New Investment Market... In Saudi Arabia Description: The first 500 people to click my link will get a 1 month free trial of Skillshare https://skl.sh/howmoneyworks08241 ----- Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ ----- My Other Channel: @HowHistoryWorks Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #blackrock #finance #business ----- Blackrock the world’s largest asset manager has recently announced that it will be launching a new investment platform in Saudi Arabia with an anchor investment of five billion dollars [$5,000,000,000] coming from the kingdoms own sovereign wealth fund. BlackRock has been a long-time champion of investments based off Environmental, Social and Governance criteria which obviously vibes well with the authoritarian Petro-state. The companies CEO Larry Fink said in an interview that the Kingdom “has become an increasingly attractive destination for international investments” but that’s not really true… So what is Blackrock ACTUALLY doing in Saudi Arabia? Blackrock is best known for creating mutual and exchange traded funds for individuals and other institutions to invest in. Their biggest exchange traded funds are mostly passive indexes that makes buying a broad portfolio easier for regular investors. They take a small fee for managing these index funds but because those funds are so popular even a small fee generates a LOT of revenue. The trillions of dollars in assets they manage through these investment vehicles has drawn a lot of criticism from people claiming that they secretly control the world… normally the help of some laser eyes… Now while they do manage trillions of dollars in assets, it’s not THEIR assets and there are strict mandates outlining what they can and can’t do with the funds that they manage on behalf of the millions of investor they work for, but that doesn't mean that the company doesn’t deserve a healthy amount of criticism. If anything, the narrative that they secretly own all of the worlds biggest companies distracts from the actual shady stuff that they and other large investment firms do. The company also has operations providing advice, technology and investment infrastructure to banks, pension funds and even entire governments which is what it is doing in Saudi Arabia. Blackrock first set up an office in the Kingdom back in 2019 with the initial intention of providing financial services to “sophisticated investors” according to the companies own website. The remote branch of the Blackrock global operation hasn’t really done much until the announcement earlier this year that it would be partnering up with the Public Investment Fund to launch an investment platform with the stated goal of making it easier for international investors to invest into Saudi Arabia as well as other countries in the Middle East and North Africa. The pitch is that these markets are growing and there aren’t as many investors operating in the region so there are potentially outsized returns to be made while markets in the west are overvalued. Big investors already know this… but there is a very good reason why they don’t invest in places like the middle east… and that’s because they are INCREDIBLY risky, and outside of oil… and constructing dumb buildings FUNDED by oil, there really isn’t that much to invest in. A well-known American company like Blackrock could ease these concerns with big investors and act as a middle man between them and the projects actually getting their money, which is really, when you think about it, ALL that their company does. </video> <video> Strikes Just Shut Down America's Most Important Ports... WTF Happens Now? (Never mind it’s over) Description: To try everything Brilliant has to offer for free for a full 30 days, visit http://www.brilliant.org/howmoneyworks. You’ll also get 20% off an annual premium subscription. ----- Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ ----- My Other Channel: @HowHistoryWorks Uncut Channel: @HowMoneyWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #strike #business #shipping ----- At midnight on Monday this week, 45,000 dock workers, operating 36 ports across America walked off the job as part of their union’s first strike since 1977. These ports handle TRILLIONS of dollars’ worth of trade every year and are an essential bottleneck in global supply chains. This will affect everything from the fight with inflation, to manufacturing jobs, to just your ability to buy some junk off Temu… oh and I don’t know if you have noticed, but this is also happening right before an election… The accusation has been made that this is just an opportunistic money grab directed at the most vulnerable part of the economy, made by workers who are already earning MUCH more than the national average… So why are these workers striking? … and what happens now that they are? The Union is asking for the standard renegotiation of pay and conditions, but the Maritime Alliance is arguing that their demands have gone too far… and… I can’t believe I am going to say this… but… they might have a point… According to a the associated press the union’s demands are a 77% increase in pay across all workers to be implemented over the next six years, and a COMPLETE ban on automation which could replace workers jobs… The union is arguing that despite these earning the pay increase is not unreasonable considering this is just an opening offer which is already being negotiated AND it’s meant to be incremental across six years which means their pay will “only” increase by about 9% year to year… Union workers believe they are in a fight for the future of their jobs and the ports are desperately trying to catch up with other global rivals, and it’s unclear how either of them are going to back down from their non-negotiable positions… So, it’s time to learn How Money Works, to find out what shutting down a crucial supply channel means… for everybody else in the world. </video> <video> People Can't Afford to Retire... Millions Are Doing It Anyway Description: Get 50% off your first order of CookUnity meals — go to https://cookunity.com/money50 and use my code MONEY50 at checkout to try them out for yourself! Thanks to CookUnity for sponsoring this video! ---- Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ ----- My Other Channel: @HowHistoryWorks Uncut Channels: @HowMoneyWorksUncut @HowHistoryWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #career #retirement #finance ----- I don’t know if you’ve noticed this, but, everybody is getting old… This year a record number of people will be turning 65, and next year that record will be broken again. We have been warned about aging populations for decades… and now… it’s actually happening… Unfortunately, the savings retirement gap for millions of households is wider than it ever has been, and people’s assets have been eaten up by inflation, bad investments, and good old fashioned financial illiteracy… Over 20% of people on the cusp of retirement have no savings AT ALL… but that isn’t stopping them… Millions of people across the world can’t afford to retire, and they’re doing it anyway… so what does this mean for everybody else? If people lose their jobs over the age of 50 they are almost forced into retirement whether they can afford it or not… So it’s time to learn How Money Works to find out what this means for everybody else supporting a growing group of people, that can’t support themselves… </video> <video> The "Skills Gap" Myth Description: 🔒 Secure your privacy with Surfshark! Enter coupon code MONEY for 4 months EXTRA at → https://surfshark.com/money ----- The Market Exit's Video: https://youtu.be/QoFLHx-t-Yk?si=1PnSEbZi7y0BbKBp Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ ----- My Other Channel: @HowHistoryWorks Uncut videos: @HowMoneyWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #jobs #business #career ---- There are eight point two MILLION job openings in America right now, and around seven million people actively looking for a job… There are also millions of American who have simply given up on even trying to look for a job, but still companies are complaining that they can’t get the people they need… There is one reason that has been used time and time again to explain this all. yep… the skills gap… There are people looking for work, and jobs on offer… but the skills of those people and the requirements of the jobs just don’t line up… It’s a simple elegant explanation to a major problem… but it’s also almost entirely made up… The skills gap also known as the skills shortage, or just good old structural unemployment is a convenient excuse for a lot of the major issues in todays job market that are often swept under the rug by businesses, politicians, and even economic statistics. If a hospital is hiring a doctor, but the only person in the town looking for a job has a degree in computer science then obviously that role is not going to be filled regardless of how much time and effort the applicant has put into their education. The argument that you would have seen is that this same problem is playing out everywhere across the world which is why even if companies claim to be desperate to hire people, you may struggle to find a job… The whole argument conveniently shifts the blame of any labor market problems onto the workers because they are the ones that haven’t trained the right skills or developed the right experience. So it’s time to learn How Money Works to find out how the myth of the “skills gap” helps everyone… but you. </video> <video> Yes... People ARE Angry Description: 🔒Remove your personal information from the web at https://joindeleteme.com/HMW and use code HMW for 20% off 🙌 DeleteMe international Plans: https://international.joindeleteme.com ----- Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ ----- My Other Channel: @HowHistoryWorks @HowMoneyWorksUncut @HowHistoryWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #finance #economy #money ----- For some reason everybody keeps asking if “you feel better today than you did 4 years ago”, and for many people, the answer is pretty clear… Prices for everything they are buying have stabilized but they haven’t gone back DOWN, The AVERAGE household is now making more than ever before but the MEDIAN household is still worse off in real terms than they were in 2019, which means a lot of people are just falling further behind. That is, they are falling further behind the small group of households pulling the average up, and they are falling further behind on their own personal finances. Household savings have been eliminated while credit card debt has climbed to its highest level in HISTORY, housing is less affordable than ever ESPECIALLY for people who weren’t lucky enough to lock in generationally low interest rates, And the job market has become filled with automated systems, endless interviews and roles that never really existed. Unemployment may be down but that data point completely ignores the millions of people who have simply given up. There are a lot of REAL problems hurting a lot of real people… and the worst possible thing you can do… is tell them how great everything is and how grateful they should be…. </video> <video> Wall Street's Dangerous New Obsession With Farmland Description: 🔒Remove your personal information from the web at https://joindeleteme.com/HMW and use code HMW for 20% off 🙌 DeleteMe international Plans: https://international.joindeleteme.com ----- Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ ----- My Other Channel: @HowHistoryWorks Uncut channel: @HowMoneyWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #business #finance #realestate ----- According to the US Department of Agriculture farms owned by institutional investors are now responsible for more than TWELVE percent [12.6%] of total food output in America! That might not sound like a whole lot, but the value of farmland investments has more than doubled since 2020 ALONE. Cascade Investments is an investment firm that reportedly employs over 100 analysts and operates EXCULISIVELY to manage the assets of Bill Gates and his ex-wife Melinda. It owns assets like a 71% stake in the four seasons hotel chain and 14% of the Canadian national railway… but it ALSO owns a quarter of a MILLION acres of farmland. The farmland is owned though a series of smaller holding companies but when asked why they had bought up so much farmland, the firm simply suggested that it was a good investment… nothing more… Many outlets have claimed that this makes Gates the largest landowner in America… but that’s simply not true… not by a longshot Major investment companies and even other billionaires have invested so much into farmland over the last 2 decades that it makes Gates’ 250,000 acres look positively pathetic. So why have cornfields become the hottest asset amongst the big boys on wall street? </video> <video> The Rise And Fall of the "Tech Bro" Description: 🔒Remove your personal information from the web at https://joindeleteme.com/HMW and use code HMW for 20% off DeleteMe international Plans: https://international.joindeleteme.com 🙌 ---- Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ ----- My Other Channel: @HowHistoryWorks Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #tech #business #career ----- Before the year 2000, if you wanted to make a lot of money in a predictable career you needed a nice suit and an important looking business card. Your options where finance, medicine, law or senior company management if you were lucky. But then… just a few years later at around about the same time as those people in their fancy suits were blowing up the global economy a new breed of millionaire was entering the mainstream. They replaced the puffer vests and Bloomberg terminals with flip flops and vim terminals… Tech bro’s worked fewer hours, had better perks and in many cases made better money than their peers in more traditional high-income roles… What’s more is that people didn’t hate them… Executives, bankers and their fancy lawyers were rightfully blamed for enriching themselves by leeching off a broken system that cost people their homes, their jobs, and their futures… Meanwhile people loved the idea of hacky sack playing nerds making millions by actually making stuff that improved our lives… But now… 15 years later the tech bros became everything they promised to destroy… and they kind of destroyed themselves in the process… For a while you could have a great degree of confidence in becoming filthy rich by putting in a few years at a major Silicon Valley tech company… but this all relied on a stream of money that wasn’t coming from nowhere… Venture capital, the firms that ACTUALLY invest in early-stage start-ups to develop their new technology NEVER again actually reached the level of financing it did during the dot com bubble. That was… until something changed in 2021… So it’s time to learn How Money Works to find out how Tech Bro’s ruined tech for themselves… </video> <video> Why 10 Million Men Have "Given Up" on Work... Description: To try everything Brilliant has to offer for free for a full 30 days, visit http://www.brilliant.org/howmoneyworks. You’ll also get 20% off an annual premium subscription. ----- Book: Men Without Work - https://howmoneyworkslibrary.com/men-without-work Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ ----- My Other Channel: @HowHistoryWorks Full length compilations: @HowMoneyWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #work #finance #money ----- Four years ago, America and the rest of the world saw its most intense spike in unemployment in recorded history… In today’s news cycle that is ancient history, but what it’s ignored, is what has been left behind. There are now over 10 million people (mostly men) in America who are not working, not studying, not retired and not institutionalized… they are just doing… nothing… Covid accelerated this trend, but it’s been going on for decades… since the 1960’s about 0.1% of American men have given up on work to never come back… EVERY… SINGLE… MONTH So why are so many people giving up so consistently? And more importantly… how are these people surviving without a job in this economy? There are a lot of reasons why someone might not participate in the labor force. They might have retired, they might still be studying for qualifications, there are people who are too sick to work, stay at home spouses, members of the military who are clearly working but don’t officially count as part of the labor force and then of course there are just really rich people who don’t need to work to maintain their lifestyle. There are also just regular people who are unemployed… These groups have always existed but there is a new group growing alongside them which are people who have just given up… So it’s time to learn How Money Works to find out how these people are surviving without work, and what it means for the rest of the workforce if they never come back… </video> <video> Have Car Companies "Innovated" Themselves Out of Business Description: Start creating for free at https://www.odoo.com/r/T48. Trust me, you’ll find it’s never been easier to share your passions online. ----- Link to the (traitors) new channel - https://youtu.be/2JoWfQKQAzc?si=zj65-mL7CxJHJ3Sk Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ ----- My Other Channel: @howhistoryworks Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #cars #business #finance ---- Over the last 2 decades very few major markets have seen changes quiet as widespread (and expensive) as the car industry… A push towards electrification, new major competitors from China and South Korea, self-driving technology, tighter regulations, and hundreds of billions of dollars in investor money has made it EXTREMELY difficult for companies to adapt to every single last change while ALSO delivering a product that’s not… terrible Dozens of companies are betting their entire future on the next five years, but that’s happening as a lot of people are still underwater on their last car… so they’re not in a rush to buy their next. Technology is changing so quickly that cutting-edge cars today might be COMPLETELY redundant in a few years’ time, meaning the right thing to do for most drivers is to sit back and wait. The investors on the other hand are realizing that if you invest billions of dollars to “DiSruPt” a market… you shouldn’t be surprised... when the market gets… disrupted… </video> <video> Why A Record Number of CEOs Are "Resigning" Description: To try everything Brilliant has to offer for free for a full 30 days, visit http://www.brilliant.org/howhistoryworks. You’ll also get 20% off an annual premium subscription. ---- Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ ----- My Other Channel: @HowHistoryWorks Video collections: @HowMoneyWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #business #ceo #career ----- Within the last six months the CEOs of Nestle, Boeing, Starbucks, Peleton, Paramount, Zillow, Amazon Web Services, Snowflake, Hertz, HSBC Grayscale, Under Armor, Papa Johns and Discover have all stepped down (voluntarily or otherwise) from the top job. Collectively these men controlled companies with TRILLIONS of dollars in annual revenue and now… they are all gone. These were just the BIG names too… CEO turnover in companies of all sizes is now higher than it has been since the start of the pandemic which begs the question, why is this happening?... and why is it happening now?... Chief Executives and other c-suite executives are just employees like any other which means eventually they either quit, get fired or die in their jobs. CEO layoffs HAVE spiked but maybe that’s not too surprising considering layoffs in A LOT of industries have also spiked. But this is actually NOT normally how it goes. If you ever find yourself in the top job at a major company, you should know that your position is simultaneously far more secure and far more fickle than the average rank and file employee working under you. As a CEO your position is unique because there is no other employee at the company with the authority to fire you, the only people that can do that are the board of directors who themselves are representatives of the shareholders. During periods of uncertainty, the last thing that companies want to do is switch up senior leadership unexpectedly because that signals to the market that something is not right which could tank the stock price. Since the board of directors represent the shareholders and individual directors usually ARE major shareholders themselves, they have an incentive to avoid doing anything that could hurt the stock price unnecessarily. For this reason, CEO’s are rarely fired outright and are instead offered generous exit packages to “step down” amicably in a way that won’t scare investors in the business. Outside of high-profile cases where the business has CLEARLY been mismanaged or in casews where the CEO has made VERY unpopular decisions, it can be hard to tell if outgoing CEO’s have been pushed out or are simply retiring. According to Fortune Magazine itself the average age of a fortune 500 CEO is FIFTY SEVEN years old, and their average compensation package was sixteen point three MILLION dollars. If you are THAT old and have THAT much money, it’s not unthinkable that you would want to retire or pursue less intense roles more suited to your old age… like political office… But if CEO exits are treated so seriously and secretively, why has there been such a big spike all of a sudden? </video> <video> The (Idiotic) Rise of Billionaire Doomsday Bunkers Description: 🌟 Don’t wait. Start an exclusive 7-day FREE trial of Motion at → https://www.usemotion.com/ytcreator/howmoneyworks ------ Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ ----- Douglas Rushkoff's Survival of the Richest: https://rushkoff.com/books/survival-of-the-richest-escape-fantasies-of-the-tech-billionaires/ Joe Scott on Accelerationism: https://youtu.be/CQmoQEeNYrs?si=NR69T852d-l_t2d6 My Other Channel: @HowHistoryWorks Full Compilation Channel: @HowMoneyWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #business #billionaire #money ----- Doomsday prepping has been around since prehistoric mammalian creatures stuffed some extra nuts into a tree to survive the winter… Humans and ESPECIALLY American humans became particularly fond planning for the end of the world during the Cold War when nuclear Armageddon was a very real possibility. Ever since, it has become something of a utilitarian hobby for millions of people spawning a multi-BILLION dollar industry selling bunkers, ration kits, bug out bags and hunting supplies. The demand has grown so quickly that top of the line air filtration systems have become collectors’ items because there simply aren’t enough for everybody who wants them. What is interesting (or maybe a little bit concerning) is the particular group that is planning for the end of the world in higher numbers than basically anybody else… billionaires… In a game of Survival of the richest, people like Zuckerberg, Peter Theil, Sam Altman and the former CEO of Reddit have all reportedly invested tens of millions of dollars in lavish accommodation to wait out the end times… These are just the ones we know about, in a game where discretion is obviously a big advantage. So why the fuck has there been such a boom in doomsday bunkers for billionaires? And is this all… just… really stupid… ? Well it’s time to learn How Money Works to find out why some of the world's wealthiest people… are actually looking forward to the end of the world as they know it. </video> <video> nObODy wAnTs To WorK AnYMore! Description: Sign up for a 14-day free trial and enjoy all the amazing features MyHeritage has to offer https://bit.ly/HowMoneyWorks_MH ----- Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ ----- My Other Channel: @howhistoryworks Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #business #career #work ---- It’s the classic gripe of the out of touch corporate executive hiring minimum wage workers or the trust fund baby who is angry that their gym is busy in the middle of the day… “Nobody wants to work anymore” Now… I really hate to say this but… by looking at the numbers… they might have a point… Labor force participation is approaching generational lows even after the pandemic while labor force participation amongst men specifically is the lowest it has ever been… These declines have been happening at the same time that unemployment is “theoretically” quite low which (if the economists are to be believed) means it should be easy for people who want a job to get a job right?... well not quiet… and these numbers are confusing at best… or downright misleading at worst. </video> <video> iT's aN iNveStMenT bRo! Description: 🥳 Get up to 47% off the best holiday gift using my link → https://ridge.com/money ------ Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ ----- My Other Channel: @HowHistoryWorks @HowMoneyWorksUncut @HowHistoryWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #investing #money #business ----- Over the last 2 years the value of everything from G Class Mercedes’ to Rolex Submariners, luxury handbags and trading cards has taken a huge hit. Basically if you saw a luxury product in a sketchy ad from some guy trying to sell you a drop shipping course… it’s probably halved in value… If you are every feeling bad about your own personal financial choices go and watch finance brokers try to unwind someone who is a hundred and fifty thousand dollars in negative equity on electric hummer that they purchased with an eight year loan to rent out on Turo… it should make you feel much better… BUT… I am sorry to tell you that things might be starting to turn around for these… douchebags… We are re-entering a market where bitcoin is breaking all time records, stonks only go up, and dogecoin is worth more than Nintendo, Delta Airlines, or the Ford Motor Company… In a market where prices only go up you better brace yourself, because people are going to say that just about anything is an “investment” to convince their customers, to convince their partners, or just to convince themselves… but that doesn't matter… as long as they can’t convince YOU </video>

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