Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business cover image

Can the global economy withstand the tightening of liquidity and rising interest rates?

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

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Global Economic Situation and Impact of COVID

The chapter focuses on the global economic situation and the impact of the COVID pandemic, discussing government borrowing, inflation, and central bank actions. The speakers explore the creation and removal of money by the Federal Reserve and its effects on the macro side of the economy. They also touch upon the current state of the global economy, highlighting rising interest rates and liquidity withdrawal as crisis factors.

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