4 driving forces of economy and wealth creation: 4:25, 1. Productivity: 4:43. Grows slowly, like 1-2-3% a year, but is very stable, 2. Short-term debt cycle: 5:19. Recession, expansions, booms, etc. Lasts about 18 years, 3. Long-term debt cycle: 5:29. Began in 1945, the new world order, 4. Politics: 6:19. Internal and external politics. Internal: […]

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