Economies are thought to only be predictable for a maximum range of 5 years or, more recently, 5 days or 5 minutes. This is the reason real estate investments usually have maximum terms of 5 years and reward high internal rates of return to make sure capital is recovered as quickly as possible. The result is a model which is driven by high immediate returns, forcing money to move at incredible speeds. Furthermore, this makes debt not only desirable, but maximum leverage becomes a necessity. The model also encourages a lack of time to think and plan, often the compromise of product quality and has the nasty habit of leading to tremendous bubbles. What are the advantages and disadvantages of fast money to an investor? What has led to the world of fast money? What is the result of fast money to our economy and the places where we live? Kalu Yala CEO James Stice will attempt to tackle the always contentious subjects of money, profits, returns and their combined impacts on the world where we live in what will be the most extremely different approach to development taken by Kalu Yala.
Great job Jimmy! I am so proud of you/ us... you pulled if off!
ellieschwing 1 year ago