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Money is a complicated thing. Trillions of dollars worth move every single day, but $27 Trillion Dollars of that is global debt? But what does that mean? In this video we explain what global debt is, who owes it and to who?

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1 – https://www.investopedia.com/updates/usa-national-debt/
2 – https://edition.cnn.com/2020/01/13/economy/global-debt-record/index.html
3 – https://www.iif.com/Portals/0/Files/content/Research/Global%20Debt%20Monitor_July2020.pdf
4 – https://spendmenot.com/blog/national-debt-by-country/
5 – https://www.businessinsider.com/heres-who-holds-the-worlds-60-trillion-in-sovereign-debt-2016-9?r=US&IR=T
6 – https://hbr.org/2020/02/how-much-money-does-the-world-owe-china
7 – https://data.worldbank.org/indicator/NY.GDP.MKTP.CD
8 – https://www.ft.com/content/4fd4e6ac-440a-11e9-b168-96a37d002cd3
9 – https://www.tutor2u.net/economics/reference/evaluating-the-effects-of-rising-national-debt

EXPLODING THE MYTHS ABOUT MONEY. Our money system is not what we have been led to believe. The creation of money has been privatized, or taken over by a private money cartel. Except for coins, all of our money is now created as loans advanced by private banking institutions — including the Federal Reserve, the branches of which are 100% privately owned. Banks create the principal but not the interest to service their loans. To find the interest, new loans must continually be taken out, expanding the money supply, inflating prices — and robbing you of the value of your money. Web of Debt unravels the deception and presents a crystal clear picture of the financial abyss towards which we are heading. Then it explores a workable alternative, one that was tested in colonial America and is grounded in the best of American economic thought, including the writings of Benjamin Franklin, Thomas Jefferson and Abraham Lincoln. If you care about financial security, your own or the nation’s, you should read this book.

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Ray Dalio, the founder of a successful hedge fund, has popularized the long term debt cycle which says that there we see short term debt cycles laid on top of a long term debt cycle which crashes every 50-100 years.
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Recommended:
Why Financial Education Is More Important Now Than Ever: https://www.youtube.com/watch?v=0cScikkNXqQ&list=PLKsS_EjCEmdp1Ou6YeukY1refAQY251ef

The Economy Is Due For A Debt Crash – Long Term Debt Cycle & Credit Crisis
0:50 – Every 8 to 10 years we see an economic crash from the short term debt cycle and every 50 to 100 years we see a long term debt cycle crash
2:25 – The short term debt cycle lays on top of the long term debt cycle that most people don’t even know about
3:30 – How does credit work to create value out of thin air
4:17 – The more money you spend the more money someone else makes
5:52 – When people make more money they are more credit worthy which expands the economy
7:35 – What happens if the economy slows down and people spend less money
9:15 – What happens when you hit a peak on the long term debt cycle and the central bank can’t stimulate the economy
10:55 – What happens during a long term debt cycle crash and credit disappears during the deleveraging phase
11:50 – What happens when the economy enters a deleveraging phase in the economy
13:45 – When does the Fed start printing more money to fight deflation
14:45 – How to balance the printing of money with loss of credit

What Is The Minority Mindset?
We are a financial news & education company. The Minority Mindset has nothing to do with the way you look. It’s the mindset of thinking differently than the majority of people. #MIH #GetMoneySmart

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Video host: Jaspreet Singh

DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated – but there’s no additional cost to you.

DISCLAIMER CONT’D: I’m just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet’s opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.

Earn An Accredited College Degree Without Student Loans!

Not a day goes by that reports of the ever-increasing costs of higher education are making the news. In order to earn that coveted credential we have to take on a mountain of debt to pay for it, right? And in the society we now live in if you don’t have that coveted credential, it can be very difficult to get started in a good-paying career. What’s a person to do?

Good news…You don’t have to take on a mountain of debt to earn an accredited college degree. In fact, it’s even possible to earn a college degree for free if you know how the system works. And there are many ways to earn inexpensive college credits that colleges and universities don’t want you to know about. Why do they want this information kept secret? Simple…because they are raking in the cash from your tuition money and they don’t want the gravy train to stop.

Earn A Debt-Free College Degree! is a book that explodes the myth that earning a college degree requires a lot of money (and a big student loan that takes years to pay off). The book shows you how to earn an accredited bachelor’s degree for anywhere from free to no more than $15,000(and half this amount for associate’s degrees).

The best part about the strategies the book presents is that they do not rely on scholarships. That’s the major difference between this book and all the other books on the market that claim they can help you lower your tuition bills. Nearly all of those books talk about scholarships. These books make it sound like businesses and organizations have scholarship money just lying around and they are just looking for someone to give it to. It all sounds oh so easy, doesn’t it? There’s just one problem with this…thousands of other students have read those same books and they are all applying for the same scholarships you are. It takes many hours of work to search scholarship databases, fill out all those applications, and write essays. And then it becomes a waiting game to see if a scholarship committee picks you out of hundreds of applicants. You don’t have to worry about such an uncertain way to pay for college. There is a better way.

Earn A Debt-Free College Degree! presents simple strategies that nearly anyone can implement. You don’t have to be a stellar student with amazing grades, either. Your previous academic achievements won’t matter.

Here are just a few things you’ll discover in the book:

– Learn how to obtain textbooks for pennies on the dollar

– Discover more than a dozen colleges and universities in the U.S. that don’t charge tuition to any students who are accepted (and five of these don’t charge room and board, either)

– Find out how you can earn college credit that is accepted by nearly 1,900 college and universities in the United States by taking and passing one single multiple-choice exam. Most schools will accept up to 30 credit hours into a degree program from this type of credit. And it gets even better. It’s possible to earn 30 credit hours with this strategy for under $1,000.

– Discover how you can earn a four-year degree in only three years or even two years in some cases.

– Learn how you can turn previously completed training courses through your job, volunteer organization, and others into usable college credit. Most colleges and universities accept this type of credit but too few know about it.

– Discover the amazing educational benefits available for military personnel (either full-time, Guard, or reserves personnel). Learn how you can go from zero college credits all the way to a doctorate on the government’s tab.

– And many others.

We’ve become accustomed to the idea that earning a college degree is something that is very expensive. It’s time to destroy that myth. Let this book show you the way.

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9 Characteristics of Debt Free People (How to Become Debt Free)

What characteristics make up the debt free community? Those who become and stay debt free aren’t your typical people as so many in today’s world become consumed by instant gratification and overspending. With debt payments devouring a large chunk of our paychecks, it’s incredibly difficult to not only save up for future purchases but set aside money for wealth creation. This video covers some of the traits of people who are debt free and are able to sleep better at night and live a less stressful life because of it.

I’m $500,000 In Debt And I Don’t Know Where To Start!

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The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country!

Are you getting deeper and deeper into debt while they make bigger and bigger profits? Not after you read…Debt Cure$ They Dont Want You To Know About!In this new book, Kevin Trudeau blows the lid off the banking and credit card industries, exposing the greatest rip off of our citizens in this nations history. The credit card industry is one of the most profitable industries in this country, but they dont want you to know it. You can fight back! You can apply Kevins solutions to your debt problems, and keep more money in your pocket today. You can learn how to use credit to build wealth! Read Debt Cure$ and cure your debt forever. You will learn: * How the credit lending business is rigged against you! * How the financial industry wants to keep you in debt! * How the banks and credit card companies are making obscene profits off of you and how you can change that! * How to reduce or possible totally eliminate your debt! * How you could cut your payments in half! * How to correct your credit with two magic words! * How to improve your credit virtually overnight! * How to get free money that you never have to pay back! * Find out why the financial industry wants to keep you in debt. * Turn bad debt into good credit. * Create wealth through financial health.

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Can you be sued by a debt collector? Unfortunately, the answer is ???? yes.

Some debt collectors can get quite aggressive…AND there are few things worse than being sued by anyone—especially being sued by a debt collector! I know you don’t need that negativity in your life! If you’ve been served with a debt collection lawsuit, you’ll want to know exactly how to respond to a debt collector lawsuit.

Surprisingly, just responding to the lawsuit dramatically increases your chances of not having to pay the debt—I mean ZERO! That’s because debt collectors are great at initiating lawsuits, but they suck at actually winning. They rarely have the evidence or resources to follow through with a successful case.

In fact, most debt collectors file lawsuits expecting you to just not show in court — because that’s often what happens. When a consumer fails to respond to a lawsuit, they automatically lose the case, and the debt collector wins by default. Don’t let this happen to you!

Push back against a debt collector’s lawsuit.

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During the second half of the 16th century, a wealthy widow by the name of Doña Antonia Nissim is arrested and charged with being a secret Jew. The punishment? Death by burning. Enter Suleiman the Magnificent, an Ottoman “Schindler,” and the most celebrated sultan in all of Turkish history. With the help of the Sultan, the widow and her children manage their escape to Istanbul. Life is seemingly idyllic for the family in their new home, that is, until the Sultan’s son meets and falls in love with Tamar, Doña Antonia’s beautiful and free-spirited granddaughter. A quiet love affair ensues until one day, the girl vanishes. Over four centuries later, thirty-two year old Selim Osman, a playboy prince with a thriving real estate empire, is suddenly diagnosed with a life-threatening condition. Abandoning the mother of his unborn child, he vanishes from Istanbul without an explanation. In a Manhattan hospital, he meets Hannah, a talented artist and the daughter of a French Holocaust survivor. As their story intertwines with that of their ancestors, readers are taken back to Nazi-occupied Paris, and to a sea-side village in the Holy Land where a world of secrets is illuminated. Theirs is a love that has been dormant for centuries, spanning continents, generations, oceans, and religions. Bound by a debt that has lingered through time, they must right the wrongs of the past if they’re ever to break the shackles of their future. 
*The Debt of Tamar is a work of fiction, inspired by the life and times of Dona Gracia Nasi and Josef Nasi.