Tag: Finance

PMC Bank: Is Your Money Safe in Banks? | Explained by Dhruv Rathee

Hello friends Think about this: First, the government came up with the Jan Dhan Yojana and instructed everyone to open up bank accounts, which you did! Next, the government brought in demonetization and said this was an attack on black money and corruption You faced a lot of hurdles in withdrawing cash when you went […]

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Debt Agreement: Profiting from desperation

There was about $50,000 in credit card debts. Electricity company, gas company… There are over $20,000 worth of traffic fines. People are in really vulnerable circumstances. They’re overloaded with debt, they’re wanting to get a solution. I think the debt agreement industry is actually doing a really good job. It was a very money-driven company […]

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How Can the US Keep a Trillion Dollar Debt?

If you look at countries with the most debt compared to their GDP the USA is not top of the list, and we could say that’s a good thing for the country. That’s because when it seems that a country is unable to pay the money back it could lead to panic and hamper economic […]

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A brief history of money – From gold to bitcoin and cryptocurrencies

Now, let’s consider the concept of money as an abstraction of value. Money is as old as human civilisation and civilisation itself is reliant on possessing ways in which to exchange, account for, and transfer value. What once started as barter trade (trading goods for goods) was replaced using standardised token money. Gold and silver […]

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How Chinese Debt & Business in China Have Evolved (w/ Fraser Howie)

FRASER HOWIE: My name’s Fraser Howie. I’m an independent analyst on China. And author of a number of books on the Chinese financial system, in particular, Red Capitalism, and then before that, Privatizing China. So I’ve been in Asia for about 25 years, primarily working in the financial sector– Hong Kong, Beijing, Hong Kong, again, […]

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Why You Should Pay Your Debt Off Early

Hi guys, Bridget here and I wanted to talk about something that I hope you’re already doing and that is paying off your debt early. We’ve become very accepting of debt and we’re way too comfortable with it. Many of us have monthly payments in the form of car payments or student loan payments. We […]

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Is the National Debt a National Disaster?

As many of you know, the national debt is now well over $21 trillion. And again, we’re now getting confirmation from Secretary of the Treasury, Steve Mnuchin as he testifies on the annual report of the financial stability oversight council, before the House Financial Services Committee in Rayburn House Office Building on Capitol Hill on […]

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