What You Need To Know About SVB, Silvergate & Signature Bank Collapses (In 7 Minutes) | How Money Works

Why Most People Are Actually "Too Good" For Their Job | How Money Works

Why Most People Are Actually "Too Good" For Their Job Check out Manta Sleep here https://tinyurl.com/4w9rc5cu and use code HOWMONEYWORKS for 10% off your order! 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. #career #finance #college I have some bad news for you… You probably won’t ever be a tech worker at a FAANG company, a bulge bracket finance bro or a high-powered corporate executive. Society needs people to do the real jobs that keep us housed, fed and safe, and it needs them a lot more than it needs another McKinsey consultant. This is a problem because no matter how you put it, a job where you sit in an air-conditioned office making six figures a year in your first year out of college is way more desirable than doing roadwork in Arizona for 20 bucks an hour. The problem is that everybody is trying really hard to pretend this isn’t true, and the system that has sprung up to maintain this dream has caused more problems than you realize. Peter Turchin is a complexity scientist, who mathematically models the statistical dynamics of historical societies. He coined the theory of “Elite Overproduction”. He argues in his books and papers that societies make workers just like they make anything, a car goes through a factory, and a college graduate goes through a few decades of schooling. At the end you get something you can drive around in and something that can make pivot tables in excel. Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - ------------------------- ------- Keywords: economy podcast, ai bubble, recession analysis Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

How Fines Became "The Cost of Doing Business" | How Money Works

How Fines Became "The Cost of Doing Business" Thanks to MANSCAPED for sponsoring today's video! Get 20% OFF + Free International Shipping with promo code "HMW20" → https://manscaped.com/howmoneyworks 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 For sponsorship inquiries, please contact 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. In 2012 the Hong Kong, Shanghai Banking Corporation best known simply as HSBC was charged by authorities for aiding and abetting the operations of some of criminal cartels between the US and Mexico. Corporate personhood is the legal notion that corporations have many of the same legal rights and responsibilities enjoyed by natural flesh and blood people. They can own property, sue and be sued, donate to political campaigns, and even have defended religious beliefs… … but if a normal person was found laundering money for cartels and the North Korean Nuclear Program, they would be living it up, here in ADX Florence IF THEY WERE LUCKY. HSBC on the other hand still operates across the world, and their punishment for these crimes would be like a normal person getting a fine for roughly 2 months of their wages… So if corporations are legally people… why can’t they be arrested? If companies see fines as “just the cost of doing business” what reasonable punishments are there for organizations that break the law which DOESN’T just end up punishing innocent employees and the wider economy more than it does the people with actual discretion over how these companies act? Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - ----------------------------------- -------- Keywords: economy podcast, private equity, recession analysis, hedge funds, inflation explained, financial education, financial news, financial independence Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

Most People Don't Realize Just HOW Concentrated The Economy Has Become | How Money Works

Most People Don't Realize Just HOW Concentrated The Economy Has Become Looking to grow your business online? Get started today with a free 14-day trial from Odoo👉🏻 https://www.odoo.com/r/TKd ----- Buy the book here: https://howmoneyworkslibrary.com/the-problem-of-12 John Coates Lecture: https://youtu.be/v1-uTIN8zUQ?si=fMzBcKHkYoiSjtcX 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. #business #finance #economy This might come as a shock to you, but big companies are getting bigger, rich people are getting richer and vital resources like housing, business equity, food and even water are now owned by a smaller share of people than ever before… Groundbreaking journalism I know, but what most people don’t realize is just HOW concentrated this has really become… Private Equity now controls as much as 20% of the entire US economy, top index funds now own 20 - 30% of all major companies listed in America, and even good old fashioned fraud is getting bigger and more concentrated… And who can blame them? Economies of scale have encouraged businesses… to scale… markets, responded to Too Big To Fail by becoming Too Big To Fail… but what does this actually mean for regular people? There is the “mOraL” argument that so many resources being controlled by such a small few is… you know… unfair… but let’s be honest, you’ve already made up your mind on that and no YouTube video is going to change it one way or another… Instead what ACTUALLY matters here is how much farther can this go… and what happens to markets when these people have nobody left to sell to… but themselves? Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - ---------------------------------- --------- Keywords: ai bubble, economics explained, financial news, hedge funds, wealth building, investment strategies Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

Can We Afford For Everybody To Be Financially Responsible? | How Money Works

Can We Afford For Everybody To Be Financially Responsible? Get a FREE bag of coffee with a new Trade subscription: http://drinktrade.com/howmoneyworks Sign up for my FREE newsletter! - https://www.compoundeddaily.com/ Support me on Patreon - https://www.patreon.com/HowMoneyWorks My Other Channel: @HowHistoryWorks Edited By: Andrew Gonzales Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images For sponsorship inquiries, please contact sponsors@worksmedia.group Sign up for my 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. #personalfinance #wealth #investing You are probably terrible with money. Credit card debt is at an all-time high, a majority of Americans can’t afford a $1,000 expense without going into debt, and even one third of people that earn two hundred and fifty THOUSAND dollars a year [$250,000] OR MORE live paycheck to paycheck. But is this a good thing for the small minority that do keep their spending in check? Or can we afford for everybody to be financially responsible? If everybody was financially responsible there would be nobody left to spend money on disposable consumer junk, overpriced restaurant meals, leased pickups and day trading courses, but all of these purchases give other people a job. If YOU are being financially responsible, are you denying an opportunity to someone else to be financially responsible? And does that mean that you should be grateful to all the people living pay check to pay check? The average American is not in a comfortable financial position at the moment and it’s the same story everywhere around the world. Money that people saved up in the pandemic has evaporated and credit card debt has taken its place. But how much of this is recklessness and how much of this is people who do not make enough money to keep up? So it’s time to learn How Money Works, to find out if we can really afford for everybody to be financially responsible, and if we would even want that to happen. Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - ----------------- ----------- Keywords: financial news, corporate finance, gig economy, ai bubble Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

What You Need To Know About SVB, Silvergate & Signature Bank Collapses (In 7 Minutes) | How Money Works

What You Need To Know About SVB, Silvergate & Signature Bank Collapses (In 7 Minutes) Sign up for my newsletter https://compoundeddaily.com 👈 Last week America had it’s second largest bank collapse ever, here is how that actually happened in seven minutes. Silicon Valley Bank the 16th biggest bank in America has been shut down by regulators and its operations have been seized by the Federal Deposit Insurance Corporation just three days after Silvergate bank another Californian Bank announced it would by winding downs it’s operations and liquidating. SVB was called the investors investor as they had a venture capital and credit arm that would directly invest into funds such as sequoia capital, Ribbit Capital, Spark Capital and Greylock, basically the who’s who of institutional investors in Silicon Valley. Most new businesses fail so traditional banks aren’t going to lend to any company that can’t show consistent profits or put up adequate security. Just like Silvergate saw a gap in the market to serve risky crypto traders Silicon Valley Bank saw a gap to serve new start-ups. ------- Edited By: Andrew Gonzales Patrick Boyle's video at 1:50 https://www.youtube.com/watch?v=kxcwn7xoXhU&t=163s Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images For sponsorship inquiries, please contact sponsors@worksmedia.group 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. #svb #silvergate #signature Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - ------------- ------------- Keywords: financial news, debt crisis, money management Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]