Peak Prosperity - DEBT - Crash Course with Dr.Chris Martenson

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Whether you're facing mounting debt or seeking to prevent it, Crash Course 2.0: Chapter 5 - Debt offers valuable insights and actionable advice to guide you on your financial journey. Gain the confidence and knowledge you need to make informed decisions about your finances.

Don't let debt hold you back from achieving your financial goals

#debt #economy #podcast #banking #stockmarket

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Twitter: @Chris_martenson

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Great chapter!.
Debt is slavery. End debt and you end slavery. The system is crazy and beyond criminal. How many people are interested in understanding how they are being ripped off? Not many. My friends glaze over when I touch the subject.

annekegermers
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100% agree!! Absolutely great video man this is the high school education that everyone should have got and didn't.. I've been getting rid of debt for the last three years, buying gold and silver and just bought 20 acres to get off-grid and self-sufficient! Keep up the great work brother these are the things the entire world needs to know. You're doing humanity a huge service.

danielkurek
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phenomenal presentation!. If this doesn't get the wheels turning in your head, you must be unconscious or a complete fool. Yes, the future is going to be VERY different. Good luck to all as humanity passes through the biggest and most violent storm in history.

stevezelev
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"In truth, "money" is not created until the instant it is borrowed. It is the act of borrowing which causes it to spring into existence. And, incidentally, it is the act of paying off the debt that causes it to vanish." ~ G. Edward Griffin

goosecouple
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I heard the late Alan Watts talk about wealth and money and his take is the most original view I have heard. I recommend that you look it up.
Basically he is saying that money is only a measurement of wealth. Like a yard stick measuring the length of a piece of cloth. When you say you don't have money, you are saying "I don't have my measuring tool" but it doesn't mean that you don't have your wealth, like losing your yardstick is not the same as losing your cloth. I think this is the fundamental problem with our mentality and it is the way we have been conned and manipulated and continue to fool ourselves.
Our wealth is our time, effort and talent combined.
The magicians fool you with their measuring tool that is made out of an elastic band.
We have to get back to basics.
Value ourselves as God values us.

annekegermers
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The next round of money printing, is going to be truly mind boggling, the thing that troubles me is the excuse/s that is/are going to be used

cleanhit
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We all need to become producers! Think of basic needs and sourcing materials. How can we produce needed products with locally/personally available resources? How much can we provide for ourselves? Think: water, food, shelter, security.

antonioduval
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College debt is extremely predatory. The payment back system is set up like mortgages: interest up front for a time. I could have taken a private loan and had it paid off in five years, but I thought the government subsidized student loan program favored the student. Boy was I wrong!

antonioduval
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This has been the best video ive seen on financial stuff. All the other big name financial youtubers on talk about whats going on byt you made it very clear and can help us grasp whats going on and how to financial be successful in the future. Looking forward to all of your future videos.

VictoriaLepantoFatima
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Get healthy and grow food with revolutionary fervor!

antonioduval
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The size of liabilities of aged care is potentially a motivation for the introduction of dis eases which affect the aged or infirm.

giovannip.
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People who are expecting to live on their pensions are the ones that will be hurt the most, inflation will destroy the value of their pensions.

hitekcountry
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10:05 Student debt… some STEM environments/ jobs may still require a degree - but many Computer Science / Programming / Cyber Security have plenty of online training, certification and OJT experience that is sufficient or better than college.

bthemedia
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Hills,
mountains
and cliffs
No sign of a brighter future

Who is going to eat the losses?
Who is going to eat?

Start producing
preserving
and persevering
NOW

philgwellington
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I say the only solution is to unplug from Corporate. We need to take back everything Corporate provides for us. What are those things? Entertainment. Intoxication. Medical Care. Food Production and Consumption. Travel. Education. Political Ideologies. Public Service. Charity. Manufacturing. Innovation. Research. Law Making. Election Debates. Communications/Information Dissemination. Currency. Etc.

antonioduval
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IMO, salvage will be the industry of the future. The tiny house guy from Texas said something that has stuck with me. He said, "Everything we'll ever need has already been made." Somehow that rang with the truth.

antonioduval
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People worry about Social Security but it's fine. Alan greenspan said there's nothing to prevent the government from creating as much money as it wants and paying it to someone.

dangerzone
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Thanks for the great presentation. So in the end you are saying nothing? You mention you want to help us be prepared? How does someone prepare for this other than owning things that "hurt when dropped on your foot." (Gartman)

gregarsaxby
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65yo, never had debt other than a mortgage which lasted about ten years. Oh, and I pay off my credit cards every month and have since I first got one. Hasn't done me a bit of good.

hagbard
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The practice of clipping coins is as old as money itself. Is money printing the modern day version?

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