Trova il tuo prossimo podcast preferito

Abbonati oggi e leggi gratis per 30 giorni
BREXIT - Does It Really Matter To Your Portfolio? | Episode 208: What is Brexit?  How will it affect your portfolio?  And is it important enough to justify my delaying by one day the info I promised you about note investing?  I’m Bryan Ellis.  I’ve got all the answers for you RIGHT NOW in...

BREXIT - Does It Really Matter To Your Portfolio? | Episode 208: What is Brexit?  How will it affect your portfolio?  And is it important enough to justify my delaying by one day the info I promised you about note investing?  I’m Bryan Ellis.  I’ve got all the answers for you RIGHT NOW in...

A partire dalSelf Directed Investor Talk: Alternative Asset Investing through Self-Directed IRA's & Solo 401k's


BREXIT - Does It Really Matter To Your Portfolio? | Episode 208: What is Brexit?  How will it affect your portfolio?  And is it important enough to justify my delaying by one day the info I promised you about note investing?  I’m Bryan Ellis.  I’ve got all the answers for you RIGHT NOW in...

A partire dalSelf Directed Investor Talk: Alternative Asset Investing through Self-Directed IRA's & Solo 401k's

valutazioni:
Lunghezza:
8 minuti
Pubblicato:
Jun 27, 2016
Formato:
Episodio podcast

Descrizione

What is Brexit?  How will it affect your portfolio?  And is it important enough to justify my delaying by one day the info I promised you about note investing?  I’m Bryan Ellis.  I’ve got all the answers for you RIGHT NOW in Episode #208.   Hey folks be sure to check out today’s show notes page at SDIRadio.com/208 or if you’re not in front of a computer, just text the word SDIRADIO with no spaces or periods to 33444 to get access to the resources from today’s show #208. In the last episode, we talked about my favorite asset class… real estate notes.  If you didn’t hear that one, you should definitely check it out right now.  At the end, I promised to tell you where to find some of these great assets. Well, my friends, I have not forgotten about that, but there’s been some very important economic news that’s relevant to you… and to your future decision making as a self-directed investor. Friday last week, the world was shocked by news of the “Brexit”… that’s the pop-culturish term used to describe the decision by the people of Great Britain to exit the European Union.  A bit of context will be helpful here, because there are some really important lessons for me and you as investors in this experience, and in the fallout from it. Back in the 90’s Europe had had enough of getting their clocks cleaned economically by the US in particular and other economic powers in general.  Thus, the idea of a European Union was pitched… a political and economic confederation intended to give Europe more power and influence to compete successfully. Of course, as political things go, there was more to the story.  The real driving force behind the EU was an ideology known as globalism, in which political leaders ostensibly place the interests of the world at large above the interests of their own countries.  That sounds nice, but it never, ever works.  In reality, globalism is a ploy by political leaders to expand their power over the entire globe rather than just their own countries. So the EU was formed with many major countries of Europe involved, including Great Britain, Germany, France and others.  So what happened?  What always happens when bureaucrats exert power over economies:  The EU economy weakened and weakened to where it is now hobbling along at, according to the Economist, at less than ½ % per year.  That’s pretty pathetic. Furthermore, to implement the cultural changes needed to truly implement globalism, something else had to happen:  Unique national culture had to be diminished in each member country.  This is most easily accomplished by essentially erasing national borders and allowed unfettered immigration. To that effect, the United Nations – that most globalist of entities – recognized that European citizens were aging out of existence with a very low rate of childbirth, and so the UN recommended the “replacement” of Europe’s dwindling population with Muslim freeloaders.  They’re not refugees, they’re freeloaders. That’s not merely opinion.  Empirical evidence shows that the only “benefit” brought by Muslim immigration is expansion in government spending to care for them, as data from the Gatestone Institute shows that Muslim unemployment rates in Britain are about 50% for men and 75% for women.  I’m told that such behavior is actually condoned in the Islamic faith, which encourages Muslims to idly profit from the efforts of infidels – that’s what they call non-Muslims like me. So, bottom line:  The EU is formed… they take over the economies of all of the biggest European countries… they begin importing Muslim immigrants by the millions, who promptly take up a spot on the public dole, and are paid for by the efforts of the millions of hard-working citizens who contribute to society… …and a certain frustration has been building and building and building over time.  It was a deep, intense nationalistic frustration from people who loved their country, and who couldn’t stand that it was being overtaken by people who were there wi
Pubblicato:
Jun 27, 2016
Formato:
Episodio podcast