The End of Democracy

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Bisco: I think our politicians have the ability to create a high interestry environment that could create a horrible recession. He connected it to these countries where theyhave had huge problems with inflation, which i thought was superinteresting. Sat what he basically said was, with mega inflation comes people not having enough money to purchase things. They've no purchasing power any more, which creates a very unhappy population. Which in a democracy, means that then people will vote in a strong man and that tends to create a dictatorship.

In this episode of InvestED, Phil and Danielle dive into a discussion referencing Investing Guru, Charlie Munger and his Annual Meeting with The Daily Journal.

The topic of this meeting is contradicting investing and whether it is ethical to invest in countries who have different strategies than those of the US.

Tune in to this episode of InvestED where Phil and Danielle debate on Morals vs Money. Is it okay to invest in a company whose morals are different from your own?

Learn how to build a successful financial future for yourself with Phil Town’s FREE 12-Month Financial Planner. Download your copy now: https://bit.ly/3Gfa1l5

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