Hi Daniel, I love your free book. Thanks for offering it. I have no complaints about the procedure to download it. Its free and very informative. I have downloaded 14 parts of it so far.
No. Telling them about the free book is fine. I'm just saying, make the video whole. The way you have it, the viewer has to go to your website to get the answer. You know most people will not go and while everything you said up to that point was educational and heartfelt, the video builds you up and leaves you hanging-- unless-- they visit the web site. Make the free offer a bonus, Casual viewers may not want to watch your next video. This way, they'll be back.
Absolutely, as I very briefly discuss in this and the preceding video, and review in much more detail in my written materials.
Basically, high government borrowing should have forced rising interest rates by the early 2000s, going by classical economics. They didn't. The wildcard was that the nations on the other side of the trade deficit were using their excess dollars to buy Treasury bonds, thereby both funding the budget deficit, and keeping the dollar at an unnaturally high level.
My father is a PhD in engineering. I would love nothing more than to see the money shift back to people who are building the real economy. Anything else is ultimately dysfunctional.
Now, it is good to have a healthy financial system, but the percentage of total corporate profits going to financial corporations has been grossly out of whack with total contributions to society, in my opinion.
Thanks! Great video... I'd like to share this with my friends... except for... the blatant pitch at the end. You should soften it a little by telling people what you're proposing, then telling them to visit you web site for more detailed instructions. Otherwise the video is disappointing-- unless the viewer follows up-- with a visit to you website. Disappointing is not a good first impression for someone who's never seen you speak before.
Hi ZoZem, glad you liked it! I appreciate your comment. As for the "blatant pitch"... Um, I'm giving away a free book, full of unique information, that I have many letters from people all over the world telling me how the book changed their lives. I've worked many years on this, and I passionately believe in it. So you're saying it would be better to just mention the website, but not really tell people what's there, or a free resource for them? I do appreciate your input.
nice commentary--- not many people are prepared for this. 1.6 trillion borrowed out of 4 trillion. If this disappears it can create big problem.
799jmartin 1 year ago
Thanks for speaking the truth!!!
cw505 2 years ago
Hi Daniel, I love your free book. Thanks for offering it. I have no complaints about the procedure to download it. Its free and very informative. I have downloaded 14 parts of it so far.
jimbobubbadj 2 years ago
Thanks Dan. I'm curious--what's your personal asset allocation?
My guess would be 25% stocks (foreign), 25% commodities, 25% precious metals, 15% cash equivalents, 10% short 30 year treasuries. :)
vway2 2 years ago
No. Telling them about the free book is fine. I'm just saying, make the video whole. The way you have it, the viewer has to go to your website to get the answer. You know most people will not go and while everything you said up to that point was educational and heartfelt, the video builds you up and leaves you hanging-- unless-- they visit the web site. Make the free offer a bonus, Casual viewers may not want to watch your next video. This way, they'll be back.
ZoZem 2 years ago
Is there a relationship between trad deficits and national debt?
AndyMH182 2 years ago
Absolutely, as I very briefly discuss in this and the preceding video, and review in much more detail in my written materials.
Basically, high government borrowing should have forced rising interest rates by the early 2000s, going by classical economics. They didn't. The wildcard was that the nations on the other side of the trade deficit were using their excess dollars to buy Treasury bonds, thereby both funding the budget deficit, and keeping the dollar at an unnaturally high level.
DanielAmerman 2 years ago
Do you think these changes that you say are 'in the pipeline' will restore the value to the US engineering community?
Will engineers be the new 'rockstars' of the economy? Instead of bankers?
SUKItm 2 years ago
My father is a PhD in engineering. I would love nothing more than to see the money shift back to people who are building the real economy. Anything else is ultimately dysfunctional.
Now, it is good to have a healthy financial system, but the percentage of total corporate profits going to financial corporations has been grossly out of whack with total contributions to society, in my opinion.
DanielAmerman 2 years ago
How do you think a company like PG or J&J would fare?
AndyMH182 2 years ago
Thanks! Great video... I'd like to share this with my friends... except for... the blatant pitch at the end. You should soften it a little by telling people what you're proposing, then telling them to visit you web site for more detailed instructions. Otherwise the video is disappointing-- unless the viewer follows up-- with a visit to you website. Disappointing is not a good first impression for someone who's never seen you speak before.
ZoZem 2 years ago
Hi ZoZem, glad you liked it! I appreciate your comment. As for the "blatant pitch"... Um, I'm giving away a free book, full of unique information, that I have many letters from people all over the world telling me how the book changed their lives. I've worked many years on this, and I passionately believe in it. So you're saying it would be better to just mention the website, but not really tell people what's there, or a free resource for them? I do appreciate your input.
DanielAmerman 2 years ago