Economics Explained

Economics Explained
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Oct 20, 2020 • 18min

Why You Should Be Very Afraid Of A K-shaped Recovery

The economic impacts of 2020 have been felt far and wide and we have covered these problems in-depth in a handful of videos on this channel. But the logical question that most people are asking is what comes next? Disasters happen and they are never pleasant but part of being a nation, a business, or even an individual is being able to deal with adversity and come out the other side. Because of this people are expecting a recovery of sorts, and it seems like the only point of contention will be what letter of the alphabet this recovery will represent.  Other speculations include a W-shaped recovery where we will see 1 recovery then another decline as the effects of government stimulus and relief packages wear off only to be followed by another genuine recovery later on.  But amongst all of this, there is one type of recovery that we should all be very afraid of, one that is not getting nearly as much airtime and one that is actually being hurt by a lot of current policies and that is a K shaped recovery. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Oct 20, 2020 • 25min

Why Economists Never Agree on Anything?

Economics is considered a social science, and although some other scientists from more “rigorous” fields don’t always welcome it into their little club, it still follows the same processes to explore the world around us.  And, as with science, or anything that is extremely complex for that matter, there are disagreements between practitioners at all levels of academia and throughout the entire history of the subject. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Oct 19, 2020 • 14min

The Multi-Billion Dollar Industry You've Never Heard Of

The market for alternative investments has been a really exciting field in recent years, with everything from Bitcoins, to beanie babies being touted as the next must-have to outperform the boring old stock market. Now some of these investments have been good some of these investments have been bad, and many haven’t been around long enough to really tell yet, but the aftermarket for high fashion is a really interesting entrant into this world.  Learn more about your ad choices. Visit megaphone.fm/adchoices
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Sep 8, 2020 • 18min

Vietnam: The Economy of the Next Decade?

Discover the factors behind Vietnam's rapid economic growth, challenges it faces in becoming a developed nation, its dependency on China, the impact of social policies, and the importance of multinational corporations in its success.
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Sep 8, 2020 • 17min

Why Does China Manipulate its own Currency?

Exploring the controversy of China's currency manipulation in global trade and its impact on businesses. Discussing the concept of currency manipulation, trade surplus, and import tariffs. Explaining the competitive advantage of devaluing a currency and how China manipulates it. Exploring China's currency control system and the potential for profit through market inefficiencies.
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Sep 8, 2020 • 16min

The Student Debt Crisis

Student loans are financial tools that have been put in place to give promising individuals the ability to get an education and increase their potential for future earnings with a strong professional career.  On a nationwide level having a well educated and skilled workforce is one of the strongest determinants of economic success. We have seen this time and time again with nations like South Korea, Japan, Switzerland and Germany, who are not necessarily blessed with a wealth of natural resources or great geography but nonetheless hold their own as some of the world's wealthiest nations.  For all of these reasons, young men and women from around the world have grown up with the idea that their education is the best investment they can make… Learn more about your ad choices. Visit megaphone.fm/adchoices
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Sep 8, 2020 • 18min

Why Becoming A Cashless Society Is A Terrible Idea

This podcast explores the advantages and drawbacks of a cashless society, including higher prices and limited control over exchange. It also discusses the concerns of payment providers, government control, privacy, impact on the black market, and restrictions on the economy.
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Sep 8, 2020 • 20min

Do We Need to Work 40 Hours a Week?

Explore the history and impact of the 40-hour work week, from its origins in farming to its influence on office work. Learn about the challenges faced by accountants on fixed working hours and the rise of casualized labor. Discover the value and perception of non-traditional work schedules and the disadvantages faced by part-time employees.
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Sep 8, 2020 • 16min

The Biggest Wealth Transfer in History is Upon Us - Here is What it Means

The podcast explores the upcoming wealth transfer from the retiring baby boomer generation and the significant impacts it will have on the economy and society. It discusses potential problems arising from the transfer of wealth, the impact on assets and businesses, the limitations and fears for average individuals receiving inheritances, and challenges faced by family-run businesses. It emphasizes the magnitude of the wealth transfer and the opportunities it presents.
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Sep 8, 2020 • 20min

How the U.S. Economy Just Lost 33% of its Value

The podcast explores the shocking 32.9% contraction in annual GDP growth in the US, comparing it to past economic crises. It discusses the impact of the economic downturn on the US economy, concerns about government stimulus and potential inflation, the problems of inflation and malinvestment, and challenges in modern investing and the broken economy.

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