TGIF, Ep 269
For one of the scenarios outlined in this podcast to come to fruition, the US had to be significantly weakened. I believe we witnessed this with the events that unfolded on the 3rd of August (NZT) 2022, where the US pulled out of the opportunity to stand with Taiwan through actions, and not just words. We're living in rather odd times.
It appears the US lost a game checkers to China, who's clearly been playing a game of chess.
It would be disingenuous to say the least, talking about building wealth without simultaneously talking about protecting it. Change is coming - and there ARE things you can do about it. Ignoring what's happening in the world right now, just because it scares you though, well THAT is a very high risk investment strategy.
At the time of recording, I had no idea of the events that were unfolding at the same time, where the US lost a game checkers to China, who's clearly been playing a game of chess.
It would be disingenuous to say the least, talking about building wealth without simultaneously talking about protecting it. Change is coming - there ARE things you can do, but ignoring what's happening in the world right now, just because it scares you, is a very high risk investment strategy.
While the world is watching what they believe is a kinetic war unfold, elsewhere, the war's just getting started.
If you're still investing as if everything's getting back to normal, honestly, that's awesome. If you're investing in such a way where it isn't, even just a little, better still.
Further reading:
https://forkast.news/china-banned-bitcoin-mining-became-no-2-bitcoin-miner/
https://www.statista.com/statistics/267998/countries-with-the-largest-gold-reserves/
https://www.npr.org/2022/06/17/1105896419/russia-putin-speech-sanctions
https://news.bitcoin.com/targeting-the-us-dollars-hegemony-russia-china-and-brics-nations-plan-to-craft-a-new-international-reserve-currency/
_______________________
Hey! Like what you've heard today?
I'm on a mission to help you grow wealth, protect it, then give it away.
Here's some ways you can get alongside the NZ Everyday Investor - no pressure, but I'd appreciate any help you could offer:
1 - Spread the word! I want as many as possible to build wealth, protect it, then pass it on. Write a review on the platform you're listening to this on, share on social media, and talk to your friends about it.
2 - Use the following referral/affiliate links. It's not a game-changing, but every little bit can help fund some production costs and in some cases, the benefit is all yours!
Hatch: $10 for you, and $10 for me, if you sign up and deposit $100NZD.
Sharesies: $10 for you, and $10 for me, if you sign up for the first time with them.
Easy Crypto: One of NZ's most trusted places to buy/sell your digital assets.