Dope Tech Episode 2

<<@jcgoldstrom says : Patrick discredits himself by inferring Obama was Muslim…>> <<@jorgeg-moneyrendon1335 says : here we go again this wanna be a black gangster wearing a doorag looks so dumbbbb he needs mental help>> <<@biffhenderson5625 says : bell curve?>> <<@jameskelly9243 says : 2 weeks ago traveled from Fla. To ohio and tbe hundreds of trailers parked empty at terminals etc. Were in the hundreds,plus the t tuck actions, Dozens of cabs for sale...I've never seen anything like this in my 70 years. Crazy>> <<@SamuelBayissa-tz3co says : ❤❤❤❤>> <<@wallstreets7357 says : this was very boomer...... like when your grandparents call you a genius because you fix some basic thing on their computer>> <<@ana.calin.blacklace says : Rector. I think the person who runs the university above the dean is called a rector.>> <<@mikaelfransson3658 says : WOKE was for empower people! Now it's a smart way for politicians to control us! /Mikael PS. The hole bible is in Matt. 7:12 accordingly words from Jesus. So woke in every way is okay in Jesus view! But not in church or politicians stupid handle this! DS.>> <<@kerryannirvine4859 says : 5:12am Australia Omg what a amazing interview ☑️>> <<@focm888 says : Okay. Just like Helene>> <<@Sk-nb3yl says : In the end he pissed over everything. 😂>> <<@mattriley1426 says : PBD you nailed it, my believes also on so much, i just couldn’t put it into words so well, thank you. Tom, I fly my American Flag daily and it is not political in any way. Its my Country’s Flag and im proud of it. No excuses.>> <<@Ravenor40k says : Real talk from someone who knows. Cheers>> <<@estanford826 says : 14:23 EVERYONE thinks they are right>> <<@sandhugo says : … and 10 months on .. nothing>> <<@jessefiorinif6057 says : I love PBD>> <<@zenmode216 says : Is the recession here? 😅>> <<@shaunkelly9053 says : This video needs to be updated, have a follow up. Rates went down now instead of up. Cause election, but still.>> <<@roylung4108 says : Remember God is ultimately in control - we get what HE determines what we deserve - the problems upon USA(could apply to many countries) began long ago but took a wrong turn @1999(Crossroads) when the Churches failed to awake after Christians Awake Ministries @great expense gave notice to most major cities - USA Churches in the late 1990's addressing a number of issues w/focus upon L-G-B-T-Q abomination in God's eye - 2 years later 9-11 occurred! [CAM established 1993/4]>> <<@GoldIvy says : I believe it’s about morality not religion. I grew up in a neighborhood of Catholics, Baptist and Muslims and we all got along>> <<@RickSuchomel-xj3te says : This is some of the best content and interview I’ve seen on the Internet bravo keep it up…>> <<@jeffreycoloma8472 says : If interest rates go down more inflation goes up>> <<@gregspeth7910 says : billionaires telling us what to do 🤦‍♂️>> <<@JohnnyFino-l5v says : This country is not the land of opportunity but the land of consumption. Unsatisfied wants, unsatisfied needs, the principal of economics. However the quality of people and the fabric of the home is absolutely broken. From the way people dress, to the way people talk, church and country no more. The decline of society is here>> <<@Robert-g2b says : 2008 they said this was going to happen again in 12 to 16 years, and Wuhan, US Government had knowledge, and played dumb,.. 2008 crash, building from 9/11, then all the foreign conflicts building a war chest, sanctioned countries rolling into present situation,..>> <<@Robert-g2b says : What's the chances of a depression at the end result.???>> <<@Robert-g2b says : Recession ain't just the fear, it's not just inflation factor, but stagflation so extremely bad, that a severe depression could last 2 decades,... How, much of the consequences in large % of the people really understand what they are going to experience,.. 😡🤬🇺🇸💯%✔️🙏🌎🌍💭>> <<@crambow says : Just chapter 7 ur CC debt. Borrowing is trash now anyways give the bank the middle finger and enjoy what little time we have left.>> <<@mark8337 says : “Limits on personal responsibility?” Those are words of a personality disordered narcissist or psychopath. Here’s an answer - life is 100% about personal responsibility in everything. Everything in life is a choice, even what we do with or how we handle things outside of our influence and control. You have a childhood and in a sliding scale of how that works you take more and more and more personal responsibility until you understand, and are faced with, the reality of it - it’s how life and the world works.>> <<@PaulClipMaster says : What's interesting is here PBD talks about how hard things are becoming for the average person, but on his own podcast he tells people if they're not rich it's because they're not working hard enough lol>> <<@couldntfindafreename says : 48:40 Sorry, all the Indian software engineers I had to (forced to) work with remotely (while they were still in India) produced sh*tty code. The ones who managed to get a visa and work in the US are usually at least mediocre, but sometimes very good. So it depends, whether you consider the cheap outsourced positions or not.>> <<@couldntfindafreename says : 43:30 In order to reverse this you need to get the wealth back from the richest 0.1% to at least the top 10% or more, so it flows around again in the real economy.>> <<@MaitLember says : 00:02 FTX founder found guilty of $8 billion fraud, highlighting the importance of due diligence and the need for caution in the current economic landscape. 02:15 Patrick Bet David discusses a fraud case involving someone who stole money to reshape the world. 06:26 Patrick Bet David was called the modern-day JP Morgan Chase. 08:21 Building a checks and balance system is crucial for avoiding mistakes and preventing blind spots. 12:23 Effective altruist approach to maximizing good with money 14:26 The narrative about the young entrepreneur being a crazy genius led to people buying into his story. 18:26 Key difference between 2008 market crash and the current economy 20:24 Introduction to negative amortization loans and their impact on foreclosures. 24:01 Interest rates increased rapidly to combat inflation, causing a decline in home sales and loan applications. 25:51 The house market is not favorable for selling right now. 29:33 Market instability due to high levels of debt 31:35 Possible scenarios to consider: attacks, unemployment, inflation, and interest rates. 35:23 Transportation revenue down due to lower demand and recession fears. 37:31 Printing money benefits the wealthy while low and middle-income families suffer. 41:06 Money printing can have positive and negative consequences. 43:01 The debt cycle is close to a breaking point and a complete reset is needed. 46:35 India is closely watching China's actions and has learned from their mistakes. 48:28 India's importance to China and Tim Cook's challenges with Apple 52:04 The rich are getting richer while the gap between rich and poor widens. 53:42 The market won't favor people who spend more time on TikTok and Instagram instead of building value and learning new skills. 57:21 Optimize for options by being largely in cash and index funds. 59:03 The value of certain assets like cards in the card market has decreased in the past 6 months. 1:02:37 Opportunity to pick up assets and small businesses in the next couple of years. 1:04:20 Initiating partnerships with struggling companies in the same industry to offer help and access to resources. 1:07:50 Uncertainty in the market and the difficulty in predicting future trends. 1:09:59 Invest time in stable, reliable people for long-term success. 1:13:43 Power during COVID revealed the true intentions of those in authority. 1:15:26 Universities exposed during Co, but still charging full tuition 1:18:50 Rich capitalists may start opposing fraudulent activities to protect their wealth. 1:20:43 The conversation about gender can be challenging to navigate, as it involves drawing boundaries and creating clear demarcation points. 1:24:32 The need to sell and promote the greatness of America 1:26:19 Conservatives facing social consequences for their political beliefs 1:29:34 The speaker reflects on the power of communities and his personal experiences in Iran and the military. 1:31:06 Controversies surrounding faith and LGBTQ+ issues 1:34:21 The increasing Muslim population in America may result in a Muslim president and Congress control. 1:36:04 Common sense conversations about immigration and getting the best immigrants 1:39:20 Flying the American flag in Los Angeles is now seen as a political statement. 1:41:22 The battle is over values and it's important to understand and either convert or defeat them. 1:45:04 Patrick Bet David creates content because he believes in making a difference. 1:46:59 Former drug dealer's life turned around but tragically killed by two kids who stole a car 1:50:59 The job of capitalists is to measure and see which ideas produce better results. 1:52:55 Luther was an entrepreneur who made a lot of money and owned golf courses. 1:56:18 The speaker had a personal conversation with his dad about the influence he had on his entrepreneurial journey. 1:58:01 Defend logical ideas that have proven to work and create a strong foundation for the future. 2:01:40 People want to know more about what Tom Bilu thinks and the philosophy he espouses. Crafted by Merlin AI.>> <<@davidbaker1941 says : Superintendent is the word you are looking for>> <<@sonnyecho9195 says : PBD and his brain voice and values are sexy as hail!! Bless his comings and goings, his family and all that he has!>> <<@theoselikas says : SBF was merely a pawn>> <<@garycronin1469 says : I'm not trying to have a lot of money, I'm wealthy with self respect.>> <<@johnnyboyvan says : America is becoming a crap hole 🕳.>> <<@digger105337 says : Flying a flag, is the most political thing a person can do. The Flag represents the Constitution and Bill of Rights, if you want to fly it, you must do all you can to preserve that Right. Supporting a politician and a political power that wants to subvert that is not indicative. Tim Walz and Kamala are against the flag without a doubt they're Communist without saying Communist. Limiting free speech, restriction on Firearms, not protecting the people from invasion, enacting rules from a World Organization, coddling Criminals and punishment for their victims...... You get it now. Fly The Flag or fly a flag as a Subject of a Marxists Regime.>> <<@digger105337 says : Flying a flag, is the most political thing a person can do. The Flag represents the Constitution and Bill of Rights, if you want to fly it, you must do all you can to preserve that Right. Supporting a politician and a political power that wants to subvert that is not indicative. Tim Walz and Kamala are against the flag without a doubt they're Communist without saying Communist. Limiting free speech, restriction on Firearms, not protecting the people from invasion, enacting rules from a World Organization, coddling Criminals and punishment for their victims...... You get it now. Fly The Flag or fly a flag as a Subject of a Marxists Regime.>> <<@SJ-ASH says : Extreme consumerism with no education on financial planning and rising inflation will be the death of economies. Let people grow /cook their own food,walk to school/workplace/make their own clothes.Its important to get their self-control back. Manufacture raw materials for people who then make their own product. Internet is a boon,but now a bane.Bacause the people running the system are dumb. Im a firm believer that given the state of things,West will fail even faster at Socialism than USSR did.The people are so out of touch with themselves and reality.>> <<@SJ-ASH says : Crypto is based on greed.Making money out of games/minting/tons of energy waste and expecting that virtual thing to replace hard cash is nuts in itself. Atleast hedging needs a little amount of brain calculations.This is plain luck.So its stupid. The day facebook listed was the day hard work and good for society ended.period.So if people make money,good for you,if you lose,its completely your fault this time around.>> <<@bdubb5390 says : 5 years?? Its done now. Silly.>> <<@xelefonte says : (37:33) was the dumbest thing he said. “You’re gonna see the first trillionaire in the next 24 months.” Not a chance. There’s only 15 people with over $100 bill and only 1 of those people are over $200 bill. Warren Buffet has been around that level for the longest but he constantly donates money. The first trillionaire has to be somebody who is incredibly greedy and donates little to nothing like a Bernard Arnault, Elon Musk or Jeff Bezos. It can’t be a Buffet or Gates (not to mention their age). We won’t see the first trillionaire until at least the 2030s. There will be a recession before the first trillionaire which will delay the first trillionaire status since this trillionaire will have most of his wealth tied to his stocks. First trillionaire in 2 years is laughable. Many of the top 10 richest, their wealth fluctuates, it goes up AND DOWN. Yes the rich only get richer in the longer term but they also experience fluctuations. That’s why Elon is no longer #1.>> <<@mynameis5427 says : The answer to "how do I get out of the death spiral without undergoing austerity (because no one will undergo austerity)?" is growth. The world was forever changed when A/C electricity was supplied to the world. The world was forever changed when the automobile was supplied to the world. The world was forever changed when we invented the internet. We need new productivity. There has to be the creation of a novel resource. These do exist of course - mostly in the realm of electrical engineering currently. A good example would be the tech that we are currently parading around as extraterrestrial (when in fact it is our own). Let humans play around with that, and I will show you a world that makes a full recovery from a death spiral caused by money printing to this degree. The only challenge thereafter will be ensuring that humans don't hurt themselves with their new toys.>> <<@mynameis5427 says : I find these conversations interesting, because they ALWAYS occur within the bounds of the common social matrix. There are two worlds at work here. One world has its laws written in ink. As common people, we live here. The second world has its laws written in blood. Your average person absolutely knows nothing of that world - a place where force is the one true currency.>> <<@maxprize829 says : I’m waiting…>> <<@cesaraugustus9064 says : 1:47:03 I don't know who any of those people are.>> <<@cesaraugustus9064 says : What a conversation. Did not disappoint. Thank you.>> <<@qake2021 says : 👍👍👌🇧🇷🇷🇺🇨🇳🇮🇳🇿🇦➕️👌👏👏>>