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The Plain Bagel
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Comments by "" (@badluck5647) on "The Plain Bagel" channel.
Robert Kiyosaki has been using his fame from "Rich Dad, Poor Dad" to sell bad and unethical financial advice for decades.
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I find it unnerving that Warren, Sanders, and AOC claim that having a reserve currency means we can spend infinitely without consequences, and people believe them.
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Probably will have to take an Established Title and FTX sponsorship to pay it off.
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@Magic_beans_ Rich Dad, Poor Dad was just a good way to explain assets, liabilities, and equity to people without basic accounting knowledge. The only real downside to the book is that it is overly optimistic on real estate, doesn't properly explain the risk of debt, and is often used as stepping stone to sell people bad financial products.
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@Full-of-bs If the UK was still the world's reserve currency, then may have gotten away with Truss's budgetary shenanigans.
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I won't even pre-purchase a video game, yet the Chinese are crazy enough pre-purchase a house. That is absolutely nuts.
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@thelawenforcerhd9654 If you watch Coffeezilla, then you find out that influencer can scam their fans with very little consequences.
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Where are the Indian Nationalists who say Hindenburg only goes after Indians?
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@harrywinner7403 Europe funds their social programs by freeloading off of the American system. Europe's military spending is minuscule because America taxpayers are providing Europe's national security interests. Europe's single payer markets have been negotiating for decades to not charge Europe for R&D costs, which forces Americans to pay for Europe's share. If America starts acting like Europe, then Europe social safety net collapses.
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@JezelJordan It's good at explaining basic accounting principles to people from poor backgrounds with little financial literacy. My guess is that isn't you, so that is why you don't see the appeal.
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@thelawenforcerhd9654 I somehow doubt that as we are usually the ones targeted for ads about these BS masterclasses in investing. They wouldn't be targeting us if we weren't buying.
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@thelawenforcerhd9654 Best case, they charge two grand for information that is free online. Worst case, they get young investors to take extremely risky bets by misleading them about how volatile aspects of the market are.
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You would see an attack ad at Coffee before you see the apology video
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This was posted on April 1st. This comment is for anyone who watched this on any other day and is confused.
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If this video doesn't have enough sarcasm or dry wit, then try Patrick Boyle's 2022 lookback
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https://youtu.be/ltijrdrmHyw
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MAGAts are offended by anyone who questions the Truth Social gospel of orange Jesus.
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@Mesozoic_mammal Now, I have to get my bad medical advice from the new Secretary of Health and Human Services
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Thanks Biden for further f***cking over my generation and my kids.
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I can't wait for Richard to fight Mike Tyson.
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@thelawenforcerhd9654 Good advise? Most of their qualifications is being a twenty something with a Robinhood account. It would be different if they had a doctorate in finance or experience in a financial firm, but instead they claimed to make unrealistic returns while standing in front of a rented Lamborghini.
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@thelawenforcerhd9654 And most day traders lose money. Why should we trust them more because that rented a Lamborghini?
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BS. Clinton's policy created the housing bubble that Bush and Obama had to clean up.
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April 1st
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Italy is on a house of cards as it entirely relies on the EU to buy its debt. Spain and Italy haven't learned anything from Greece's bailout.
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Less 🚀 emojis this year
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Influencer run pump and dump schemes with crypto and NFTs all the time. When Coffeezilla calls them out, they make an insincere apology video before they move on to the next scam. It is April 1st, so he is pending to be one of these influencers.
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@maninthemiddleground2316 & and then watch Tyson pummel Richard
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Sounds like the India equivalent of Wall Street banks.
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And they are Canadian bills
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This be TikTok video or YouTube short.
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@harrywinner7403 I hate politicians who promise social programs that they know will be insolvent within a decade. I would at least understand if they were upfront that the middle class has to pay for it, but instead they use bogus accounting to force the tax hike down the road or just let the program collapses like in Venezuela. Do you honestly trust Sanders when he says we can give free education, free housing, free healthcare, and free money just by printing money and taxing the rich. There simply isn't enough one percenters to tax to fund the trillions of dollars of social programs these socialist want.
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@danlightened How clueless can you be to think the military is only to prevent invasions? Who stopped ISIS in Syria from sending more terrorists back to Europe? It wasn't the German airforce? Who knocked out the Libyan air defenses for France and the UK to safely fly their sorties. It wasn't Denmark. Who has scared Iran from attacking the oil shipments that Europe's economy depends on? It isn't the Netherlands. Who is preventing China from intimidating the South Pacific from free trade with Europe? It isn't France. Who is preventing Russia from invading the Baltics like Ukraine, Georgia, and Moldova. It isn't Italy. Europe has been freeloading off a world system guaranteed by a well funded US military.
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@danlightened Your conspiracy theories are nonsense. What extremist groups are Americans supplying? What are these puppet democracies? Who did America arming just because the rival country refuse to buy their weapons? These talking points only make sense on authoritarian propaganda that outlaws reporting on facts that easily debunk the claims.
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@nicholasrapose196 They use to push "Modern Monetary Theory" which says the government can print and borrow money endless without consequences. Obviously, they say it less after rapid inflation debunked their lies pretty quickly.
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@nicholasrapose196 Just Google "Modern monetary theory" and you will find endless quotes from progressives.
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@INTJ791 The dollar's only saving grace is that there isn't any real alternative. The Euro is less attractive after the 2008 Greek Crisis. No one wants China's currency as the nation's authoritarian leader likes to manipulate the currency's value. Beyond the US, EU, and China there isn't any country left with an economy big enough to be the world's reserve currency.
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@enod9746 So, that means it's okay for Kiyosaki to use this faith to sell people pyramid schemes and pump and dump schemes?
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Next Movie Review: American Psycho: This is the best movie about Wall Street
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Like the Bitcoin fund, this just sounds like another scheme to transfer wealth from the taxpayers to his donors.
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Saudi will throw money around just to buy influence. For example, the Sauds handed over a $billion to Trump's son-in-law even though he has zero experience in financial management.
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Logan Paul is one of dozens of apology videos. Logan isn't even that unique as a scammer.
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It makes more sense than people who trust their politicians. Spoiler, Biden and Trump are both lying to you for their benefit.
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