Not Your Average Financial Podcast™
Episode 306: How to Turn Financial Turmoil into Your Opportunity
In this episode, we ask:
- Would you like to watch selected clips from us on YouTube?
- What is happening with the banks and the FDIC?
- What about non-bank banks?
- How much uninsured assets are held in these non-bank banks?
- Have you read David Graeber’s book, Debt: The First 5000 Years?
- How much wealth has debt created?
- Who is positioned to profit?
- Who is gobbling up the little banks?
- What is the exact issue?
- What about fractional reserve banking?
- Are we encouraged to speculate?
- Who is ready to opt out of this madness?
- What is the business of banking?
- What is the business of life insurance companies?
- How are the time horizons different?
- How are the reserves on hand different?
- What is the worst thing to happen to a banker?
- What is the best thing to happen to an insurer?
- Are you a year older?
- Will you take that deal?
- What are the insurers obligated to do?
- Where will you park your savings?
- What is contributing to the problem?
- What if fractional reserve banking evaporated?
- What would make the financial system more stable?
- What about private lending?
- What about dreaming of what the world could look like?
- What could reduce stress?
- What about the mortgage industry?
- What would lead to more responsible lending practices?
- Who needs an auto loan anyway?
- What other benefits could surface?
- Who is opting out?
- How do Bank on Yourself® type whole life insurance policies reduce stress?
- What about an example?
- What about overdraft fees?
- What about bridge loans?
- Do you have to wait?
- Can you choose to opt out?
- Would you like to meet with Mark to discuss your specific situation?