#1054 Pomp Explains The Current Economic Environment
The Pomp Podcast
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We Can't Solve the Debt Problem Globally
If we educate the average citizen on financial principles like personal finance, spending less than you make and insuring that you invest an investible assets, we could drastically improve their situation over the long run. Which assets they invest in is less important than simply explaining to them that although your grandparents or your great grandparents could save their way to financial security, you can no longer do that by saving in any fia currency around the world. You have to become an investor, because the guarantee is that every single fiat currency in the world will continue to be debased. In the united states, debt to g d ps arround a hundred and 30 % globaly. It's more than 350%. The
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