With the 2024 US presidential election around the corner, 2 key questions for Nomad Capitalists are: Will Donald Trump end "double taxation" of US expats? - th-cam.com/video/B4M7U_H1rZc/w-d-xo.html How should you prepare for Kamala Harris's "Tax Armageddon"? - th-cam.com/video/8hJV5DvolI0/w-d-xo.html Watch these 2 videos and get prepared now. Don’t wait until it is already too late!
Pleasant surprise to see the Nomad Dad once again. He laid out a very interesting line of questions for Daniella. She is genuine and it is enlightening to hear her FED insider perspective. Nomad Dad fan!
After living here for one month now, I second Andrew’s opinion that Kuala Lumpur is the best “value” city in the world. Such a chill October it’s been in Mont Kiara. Not a tidbit of an issue and I’ve explored all the suburbs which are also fantastic!
Honestly, this situation makes me uneasy, especially with the potential depression, not just a recession. I'm not sure about my $130K investment strategy given the economic uncertainty.
I agree! That's why I work with one. My $520K portfolio is well-prepared for all market conditions, having grown 85% since early last year. My advisor and I are planning for this year too. my opinion, financial advisors are among the most important professionals, just like doctors.
Danielle, great to see you visiting Asia for the first time! I think it's the place of the future and I hope to spend more time there myself in coming years. There are good reasons why Nomad Capitalist loves SE Asia so much! 🤩
Two intelligent adults speaking truth and having a meaningful, insightful conversation. How refreshing... Well done and keep it up! Nomad Dad is a great interviewer!
_"If you cannot recognize your failures and learn from them and go for forward on a better path then you are by design agreeing to fail again and again"_ -Pure gold
Good interview. She might like us to believe she is different from other Central Bankers but she wants to reform the Federal reserve, not abolish it. Also, not once did she mention a return to the Gold / Other Commodity standard.
I've always liked Danielle's take on things... even though sometimes the lingo is a little head-scratching for me. The parts I do get, and her being genuine, is satisfying to hear (although a little disconcerting for the future).
It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.
It's a good idea to seek advice at the moment, unless you're an expert yourself. As someone who runs a service business and sells products on eBay, I can tell you that the economy is struggling and many people are struggling financially.
I agree. Exactly why I now work with one. A lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
Stacy Lynn Staples is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
I think it is fair to recognize that fact! One should never be FED up with women taking care of themselves - even though we are listening for the macro insights. Also shout out to Nomad Dad who keeps his concentration.
Sometimes you can't just tell the people, you have to show them. Keep going Danielle, you're almost to the point where the public will believe you when you say that the business cycle is part of the Feds tool box, that the government loves the taxes it can collect on bubbles as they grow, (unrealized income tax, anyone?), and that big business loves the bargains it can pick up after the bubble bursts and the ease of doing business without small business interference. You can tell them about how much more reasonable small countries become in the face of dollar loans coming due when dollars are in short supply, how the IMF and World Bank are hiring again, the bubbly feeling at the State Department. About war, the biggest stimulus of them all.
"Consumption never fell", prices fell, productivity was increasing, but the system only works with inflation so whatever it takes to keep inflation up keeps them in power at the expense of everyone else.
Economic disaster really, USA and Citizens have been dropping the ball. It would be nice if Americans have financial literacy. How can the government be financial responsible if the citizens are not also. It does not matter if we had the best government it is up to the people to also be as good or even better. It is not easy running a Nation which has been the strongest history has ever seen, so again we will be quite fine. The federal Reserve is suppose to just bail out the people, how does that make any sense. So average Americans can blow all their income, wealth and never save nor invest but it is all the federal governments fault. Makes zero sense, My financial sheet is amazing, because regardless of the USA government, I have good financial habits and knowledge which I have built up on my own. I do not need a federal government bail out nor do i require the Fed to provide for me. Accountability, I love how people love to blame only the government but ignore the massive amounts of failures of the American people, again the governments are just made up of average people. The government does not have special people from a different universe. Stop blaming all these other things and show me how you are even qualified and have produced effective results. If you do not have the results of operating a 27 trillion dollar market, I do not even understand how you can assume you know the answers. Again, it is easy to back seat drive and say your right if your ideas and methods are never placed to the test.
You have it wrong. The government, when they borrow money and doesn’t manage it. We are trillion in debt. Then inflation The govt borrows more money then they can’t pay back.
Well. I think at some point we all have to realize that there is no going back for US. And get he heck off the sinking ship. And make sure we have enough distance from it when it finally goes under and sucks in all that's within reach. Find calmer waters and try to create a nice barrier between it and you.
her comment at the end was pretty funny. There should be a economic ratio of kids that move in to their parents bc they get along with them and kids who would move in but can't get along with them.
@@victoriadedicova This! I don’t know this stuff, but don’t use it as an excuse not to learn. I literally went to ChatGPT and told it to explain this stuff to me like I am five. People rely too much for others to give them the answers or give an excuse of why they can’t understand when all you need to be is determined to understand and resourceful. Never give up on not understanding or learning because no one else can teach you, but you. Your learning is your responsibility.
Rejoining the workforce to support the adult kids. Tell me about it. They blame us boomers for being able to save some money and see appreciation of our homes. I think we were not so lucky actually. From 2006 thru 2010 everyone (except Buffet an his ilk) lost and retirement funds were decimated. Appreciation of real estate in the past 9 years has been mostly offset by much higher living cost whose rise rate only has slowed down. Prices will not go down until the big crash happens. It is very much overdue.
Trump's administration also focused on cutting corporate taxes to encourage companies to expand and hire more workers, thereby generating more employment and boosting household income. The idea was that with more people working in well-paying jobs, the economy would stabilize, which could help ease inflationary pressures.
We do still have capitalism, but it is the "Greed is Good" form of capitalism, as opposed to "Best Products for the Best Prices" kind of capitalism. It's a Republican thing to get campaign contributions from the obscenely wealthy.
I really get her synopsis. It's a topic for Warren Mosler. MMT is confusing. And Richard Werner, the father of QE. Policy makers are backed into a corner. Accept it, adopt smart choices. That will not get anyone elected. They must step up. Our monetary system is not broken, it just needs a tune up.
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately.. I looked through her credentials and did my due diligence before contacting her.
"Broke" means one has no money. The USA is way past that. This country is in a black hole of debt that it can never escape from. When you owe ridiculous amounts of money that will never, ever be repaid you're not broke, you're finished.
All we need to do is start taking our cash out of banks and keep it at home and the system will accelerate the collapse. It would be quite interesting. I remember during the Vid pandemic that banks were saying, “We don’t have that much cash on hand. You will need to come back.”
The nazis found gold and diamonds sewed into the clothes of the concentration camp people. So they waited too long. Earlier refugees were helped by small valuable stuff though.
*AUNTIE DANIELLE IS FINE A.F ❤ FOR AN OLDER WOMAN ❤❤❤❤ DONT WORRY IM PAYING ATTENTION TO THE ECONOMY COMMENTARY AS WELL 😂😂😂😂😂 BUT DANIELLE LOOKS ARE MAKING IT HARD AND HI DANIELLE WHOA THEY DONT BUILD WOMEN LIKE HER ANYMORE IT SEEMS*
I believe in discipline execution which allows me to build wealth in investing in turnkey multifamily properties. Getting paid in passive income in my opinion will protect you from investing in the volatility of the stock market's gains and losses
President Trump's approach to countering inflation emphasized fostering economic growth through the creation of "real jobs," deregulation, and tax reforms. He believed that by stimulating business investment and reducing governmental intervention, the economy would grow at a faster rate. This growth, in turn, would help counter inflation by increasing the production of goods and services, which can mitigate price increases.
Jim Bianco says that there are a lot of illegal immigrants recently arrived , working that get paid cash because they are without social security numbers
Danielle's idea to rebuild the fed has merit but she left out the power to print money. The money should be printed by the treasury & dollars should not be noted of debt but a value of gold & silver.
We are not broke because money is created to fill the need ….just let the government creat it not borrow it from a private bank cartel …think of it no interest loans or grants instead of loans
![⭐ฮิตในTikTok!! ( มะมะมะหมูเด้ง MooDeng ) Ver. แดนซ์ ReMix BY [ ดีเจกิต รีมิกซ์ ]](http://i.ytimg.com/vi/4noyAoMa7bQ/mqdefault.jpg)
With the 2024 US presidential election around the corner, 2 key questions for Nomad Capitalists are:
Will Donald Trump end "double taxation" of US expats? - th-cam.com/video/B4M7U_H1rZc/w-d-xo.html
How should you prepare for Kamala Harris's "Tax Armageddon"? - th-cam.com/video/8hJV5DvolI0/w-d-xo.html
Watch these 2 videos and get prepared now. Don’t wait until it is already too late!
He promised to triple-tax expats. I like the idea!
Pleasant surprise to see the Nomad Dad once again. He laid out a very interesting line of questions for Daniella. She is genuine and it is enlightening to hear her FED insider perspective. Nomad Dad fan!
Thank you. More coming!
If Danielle was coming on the show, I’d show up too. Move over, Andrew 😂
Great video!
Thank you!
Danielle has been saying the collapse is coming for a few years. Eventually she will be right
It's cyclical.
If you can bring on a FED economist, you can also bring on the inventor of quantitative easing, Prof. Richard Werner.
After living here for one month now, I second Andrew’s opinion that Kuala Lumpur is the best “value” city in the world. Such a chill October it’s been in Mont Kiara. Not a tidbit of an issue and I’ve explored all the suburbs which are also fantastic!
Hi Chris.. I'm glad you enjoyed Mont Kiara & Malaysia. I watched your live video today.😊
Andrew, great call to have your Dad do the interview. Well done.
Nomad Dad is the best corporate title I have ever heard of.
The Nomad Dad produces great videos. I hope he picks up his channel again!
Honestly, this situation makes me uneasy, especially with the potential depression, not just a recession. I'm not sure about my $130K investment strategy given the economic uncertainty.
If you're not familiar with market investing tactics, you should get advice from a financial counselor.
I agree! That's why I work with one. My $520K portfolio is well-prepared for all market conditions, having grown 85% since early last year. My advisor and I are planning for this year too. my opinion, financial advisors are among the most important professionals, just like doctors.
Nice! Once you hit a big milestone, the next one comes easier. Who is your advisor, if you don’t mind sharing?
Her name is Sonia Nunes Demelo. You can research her name to find the necessary details and set up an appointment.
Thank you! I searched her name online, found her website, and filled out her form. I hope she gets back to me soon.
Danielle, great to see you visiting Asia for the first time!
I think it's the place of the future and I hope to spend more time there myself in coming years. There are good reasons why Nomad Capitalist loves SE Asia so much! 🤩
Welcome back Nomad Dad. Great interview.
Thank you!
Love it when she brings the girls out
Two intelligent adults speaking truth and having a meaningful, insightful conversation. How refreshing... Well done and keep it up! Nomad Dad is a great interviewer!
Thank you very much!
Great combination with Nomad Dad and Danielle !!
Totally agree, if you're just working you feel you're in Recession, but if you're investing you feel the economy is booming.
Interesting view.
_"If you cannot recognize your failures and learn from them and go for forward on a better path then you are by design agreeing to fail again and again"_ -Pure gold
Excellent and thanks for sharing today. Sharing post immediately so others will know
Great chat!
Wonderful interview, please do more.
Thank you. More coming.
Excellent knowledgeable guest and interviewer . I'm buying her book .
Everything is by design but only a few realized it.❤❤❤
What a tremendous and useful discussion we saw here. I hope we could have a Bob Henderson / Danielle DiMartino Booth visit every month from now on ?
!GREAT JOB!
Great show - Love Danielle's expertise and candor!
Good interview
REAL TRUTH
Good interview. She might like us to believe she is different from other Central Bankers but she wants to reform the Federal reserve, not abolish it. Also, not once did she mention a return to the Gold / Other Commodity standard.
She is no longer a fed but is now an analyst. I don't know what you want from her
Amazing interview Thank you!
You're welcome!
Great interview! Thanks for bringing interesting opinions to us.
Insightful interview. No doubt I passed by Danielle on occasion during my years at the Dallas Fed.
Amazing as always, thank you ❤❤❤
I've always liked Danielle's take on things... even though sometimes the lingo is a little head-scratching for me. The parts I do get, and her being genuine, is satisfying to hear (although a little disconcerting for the future).
It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.
It's a good idea to seek advice at the moment, unless you're an expert yourself. As someone who runs a service business and sells products on eBay, I can tell you that the economy is struggling and many people are struggling financially.
I agree. Exactly why I now work with one. A lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
Stacy Lynn Staples is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
Nomad Dad. Cool. Great content. Thanks, Andrew!
You're welcome
She is gorgeous!
I think it is fair to recognize that fact! One should never be FED up with women taking care of themselves - even though we are listening for the macro insights.
Also shout out to Nomad Dad who keeps his concentration.
Very interesting guest, and Nomad Dad :)
DiMartino at her best!!! Bravo
16:26 best segment, I could listen to DDB all day, outstanding analysis
😂
I love her!
Read her book on the fed it was interesting
Ok
WOW, I LOVE DANIELLE, AND( DARLING YOU LOOK MARVELOUS)
Sometimes you can't just tell the people, you have to show them. Keep going Danielle, you're almost to the point where the public will believe you when you say that the business cycle is part of the Feds tool box, that the government loves the taxes it can collect on bubbles as they grow, (unrealized income tax, anyone?), and that big business loves the bargains it can pick up after the bubble bursts and the ease of doing business without small business interference. You can tell them about how much more reasonable small countries become in the face of dollar loans coming due when dollars are in short supply, how the IMF and World Bank are hiring again, the bubbly feeling at the State Department. About war, the biggest stimulus of them all.
Gorgeous booth
Oooff, shes perfection 💎
Hi Nomad dad!!! Long time ❤
"Consumption never fell", prices fell, productivity was increasing, but the system only works with inflation so whatever it takes to keep inflation up keeps them in power at the expense of everyone else.
What..Henderson senior
Where have you been living , under a rock?
Economic disaster really, USA and Citizens have been dropping the ball. It would be nice if Americans have financial literacy. How can the government be financial responsible if the citizens are not also. It does not matter if we had the best government it is up to the people to also be as good or even better. It is not easy running a Nation which has been the strongest history has ever seen, so again we will be quite fine. The federal Reserve is suppose to just bail out the people, how does that make any sense. So average Americans can blow all their income, wealth and never save nor invest but it is all the federal governments fault. Makes zero sense, My financial sheet is amazing, because regardless of the USA government, I have good financial habits and knowledge which I have built up on my own. I do not need a federal government bail out nor do i require the Fed to provide for me. Accountability, I love how people love to blame only the government but ignore the massive amounts of failures of the American people, again the governments are just made up of average people. The government does not have special people from a different universe. Stop blaming all these other things and show me how you are even qualified and have produced effective results. If you do not have the results of operating a 27 trillion dollar market, I do not even understand how you can assume you know the answers. Again, it is easy to back seat drive and say your right if your ideas and methods are never placed to the test.
I agree with you, I hear of a lot of people are struggling but those same people go to casinos, bars etc. screw those weaklings
You have it wrong. The government, when they borrow money and doesn’t manage it. We are trillion in debt. Then inflation The govt borrows more money then they can’t pay back.
The govt doesn’t help the middle class. We pay taxes and high medical costs.
Well. I think at some point we all have to realize that there is no going back for US. And get he heck off the sinking ship. And make sure we have enough distance from it when it finally goes under and sucks in all that's within reach. Find calmer waters and try to create a nice barrier between it and you.
Karma
DdMB in transition to superheroine for Hallowe'en! Tremendous!
Nice. You brought your dad!!!
I love Danielle, very smart woman.
Your dad is great andrew.
her comment at the end was pretty funny. There should be a economic ratio of kids that move in to their parents bc they get along with them and kids who would move in but can't get along with them.
This must be old, the confidence bubble exploded long ago, like 2008
They should never never increase the house 🏡 AKA rent cost ❤ amazing
I just love her 🥰
Great speaker. I must say i understand very little of what shes/ have said
@@victoriadedicova 😯fantastic idea!
@@victoriadedicova This! I don’t know this stuff, but don’t use it as an excuse not to learn. I literally went to ChatGPT and told it to explain this stuff to me like I am five.
People rely too much for others to give them the answers or give an excuse of why they can’t understand when all you need to be is determined to understand and resourceful.
Never give up on not understanding or learning because no one else can teach you, but you. Your learning is your responsibility.
same. im just looking at those melons the whole time
Wow I did not see that coming I thought we were going to inflate our way out of this
No talk of shrinking supply side
tik | tok | tik | tok | tik | 💥
-Economic winter is coming
Rejoining the workforce to support the adult kids. Tell me about it. They blame us boomers for being able to save some money and see appreciation of our homes. I think we were not so lucky actually. From 2006 thru 2010 everyone (except Buffet an his ilk) lost and retirement funds were decimated. Appreciation of real estate in the past 9 years has been mostly offset by much higher living cost whose rise rate only has slowed down. Prices will not go down until the big crash happens. It is very much overdue.
You need to cash out and move yours out of US. It's done. Sell it before the rest realize that the ship is sinking.
Trump's administration also focused on cutting corporate taxes to encourage companies to expand and hire more workers, thereby generating more employment and boosting household income. The idea was that with more people working in well-paying jobs, the economy would stabilize, which could help ease inflationary pressures.
No more money to buy currency paper rolls and printing ink
I went back into the workforce for one reason $65 p/h. Or stay home and watch reruns of Hogan's Heros.
The People's Republic of America will fix the problem.
Not just broke 34T in debt 😅
Smart chick!
Q
If you have tools to control the economy
You do not have a Constitutional Republic anymore in practice
Nor do you have CAPITALISM anymore
Q❤
We do still have capitalism, but it is the "Greed is Good" form of capitalism, as opposed to "Best Products for the Best Prices" kind of capitalism. It's a Republican thing to get campaign contributions from the obscenely wealthy.
I really get her synopsis. It's a topic for Warren Mosler. MMT is confusing. And Richard Werner, the father of QE. Policy makers are backed into a corner. Accept it, adopt smart choices. That will not get anyone elected. They must step up. Our monetary system is not broken, it just needs a tune up.
N O M A D *DAD*
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately.. I looked through her credentials and did my due diligence before contacting her.
"Broke" means one has no money. The USA is way past that. This country is in a black hole of debt that it can never escape from. When you owe ridiculous amounts of money that will never, ever be repaid you're not broke, you're finished.
Without inflation the system of banking collapse
Is she wearing a cape?
Lovely elegant lady//. Worth listening to.
However; *1st time in Asia* .. wow !! Why don't Americans travel more widely? Genuine question.
All we need to do is start taking our cash out of banks and keep it at home and the system will accelerate the collapse. It would be quite interesting. I remember during the Vid pandemic that banks were saying, “We don’t have that much cash on hand. You will need to come back.”
Not even gold or silver will be able to hedge against the NWO system that is evolving...Ezekiel 7:19.
The NWO is dead, the global south BRICS has shifted to a multipolar world. The z10nst ship is sinking
Yes. But physical gold and silver are more mobile than fiat when poop hits the fan.
@@victoriadedicovabuy fake gold if it gets that bad no one is going to be able to tell if it's real or not
The nazis found gold and diamonds sewed into the clothes of the concentration camp people. So they waited too long. Earlier refugees were helped by small valuable stuff though.
The rest of the world knows it a long time ago. Only their supporters don't want to believe it.
*AUNTIE DANIELLE IS FINE A.F ❤ FOR AN OLDER WOMAN ❤❤❤❤ DONT WORRY IM PAYING ATTENTION TO THE ECONOMY COMMENTARY AS WELL 😂😂😂😂😂 BUT DANIELLE LOOKS ARE MAKING IT HARD AND HI DANIELLE WHOA THEY DONT BUILD WOMEN LIKE HER ANYMORE IT SEEMS*
Man stop acting like a thirsty fool amd focus on the material, stop acting stereotypical
The Solution: The Revaluation of Gold = $3900 US a gram.
Btoke yes
Bankrupt. Yes
Challenge your own views. Explain how it is the Fed has been able to reduce inflation the last 2 years despite the sky high federal budget deficit.
I believe in discipline execution which allows me to build wealth in investing in turnkey multifamily properties. Getting paid in passive income in my opinion will protect you from investing in the volatility of the stock market's gains and losses
Andrew couldn’t focus properly … kept getting distracted … so he had to call daddy in to take over 🤣
I think they are going to splash a lot more ink on a lot more paper.
3oo billion s per year per day beneath all poverty-stricken
President Trump's approach to countering inflation emphasized fostering economic growth through the creation of "real jobs," deregulation, and tax reforms. He believed that by stimulating business investment and reducing governmental intervention, the economy would grow at a faster rate. This growth, in turn, would help counter inflation by increasing the production of goods and services, which can mitigate price increases.
DAD shows up when a woman knocks at the door.
Jim Bianco says that there are a lot of illegal immigrants recently arrived , working that get paid cash because they are without social security numbers
A pleasure to see Dad Henderson😊. Yes the states is broken, rotten definitely not united. On the ground floor it's far worse.
I find it edifying to listen to women with financial knowledge and nice cleavage. See you in KL mon ami.
@@dcfunhouse edifying indeed
What is happening with the diamonds 💎 song lyrics
Danielle's idea to rebuild the fed has merit but she left out the power to print money. The money should be printed by the treasury & dollars should not be noted of debt but a value of gold & silver.
Watch 'A history of central banking...' and it will make everything crystal clear.
Dad looks like he could be your brother 😮
We are not broke because money is created to fill the need ….just let the government creat it not borrow it from a private bank cartel …think of it no interest loans or grants instead of loans
Your wishs are laughable 😂, don’t worry we are still going to be number one ☝️, God blessed America 🇺🇸
With all due respect, I’d really like to sit with her and just talk about economics whilst sipping a few beers.
✖️✖️✖️TEXIT NOW✖️✖️✖️