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It's Not Our Fault, But It IS Our Responsibility
One of the most common questions I get is, "What should be done?"
We see all of these massive errors that policy makers are making. Wether is Powell at The Fed yelling at the treasury, or whoever is in the white house at the given time, or whoever is in congress — we see the same massive mistakes continue to happen over and over again.
People think that if we had the right people in office, who knew what they were doing, things would be a lot better off. Unfortunately, I'm here to tell you that this is not the case.
It's easy to point fingers but nobody wants to admit that there's somethings that are baked into the cake already. Even if we made every decision that we assume is the right one moving forward, there would still be massive implications.
Timecodes
0:00 Video Overview
1:01 Intro
1:04 Difference Between Fault and Responsibilities
3:59 Deleveraging Follows Leveraging
8:05 Outro
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