Raoul Pal: "The Economy Just Broke"

Raoul Pal: "The Economy Just Broke"

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Raoul Pal: "The Economy Just Broke"


As a guest on Robert Kiyosaki’s Rich Dad Poor Dad podcast, Macro Investor Raoul Pal provided a detailed description of why the economy just broke and why we must be careful. Raoul took us through a history lesson, as he drew eerie comparisons to our current troubles, such as rising inflation, commodity shortages, commodity price hikes, and energy crisis, to that of the economic environment during World War II. Raoul provides the framework that our current economic situation has been repeated multiple times in history, and from a historical perspective, we can have a good idea of what to expect and from Raoul’s perspective, this won’t be pretty and we must prepare. But before we listen to Raoul, if you’re not subscribed, make sure you subscribe as we put out daily content to keep you updated on the market.

For those who might not know, ISM is short of Institute of Supply Management. ISM provides a survey offering one of the most reliable economic indicators available, providing guidance to supply management professionals, economists, analysts, government, and business leaders. The survey consists of asking buyers and corporations who buy goods and services, what is their read on the economy, how much inventory is available, pricing, and things of that nature. The surveys are readily available online and they tend to lead the economy.
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THIS INTERVIEW WAS POSTED ON JUNE 24, 2022
Listen to the full unedited interview here ⬇ [Credits] 🙏
Most Experts Are Wrong About the Economy - Robert Kiyosaki, Raoul Pal
https://www.youtube.com/watch?v=MMsSWl5R53c

FOR INTERESTED READERS
Institute of Supply Management (ISM)
https://www.ismworld.org/supply-management-news-and-reports/reports/
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🎵BACKGROUND MUSIC licensed through AudioJungle & Epidemic Sound

🎥FOOTAGE licensed through VideoBlocks and Filmpac, except parts about the topic that have been used under fair use.
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FAIR-USE COPYRIGHT DISCLAIMER
Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favor of fair use.

-This video has no negative impact on the original works (It would actually be positive for them)
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-It is not transformative in nature.
-We've only used bits and pieces of videos to get the point across where necessary.