Comments by "Pause Reflect" (@pausereflect5911) on "Garys Economics" channel.

@WilliamAhlert A couple of things that I know are fact: 1) You have to have a source of income FIRST; 2) THEN you must live below your income and have a surplus to invest. Miss these two out and you'll be struggling always...
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 @seamusrafferty Aye, if we can just get past the usual divides in this country! I'm in!
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I've heard for years that the Business is in serving the Baby Boomers. Nursing and Residential homes are just one of the outcomes. The other being... to NOT 🚫 build NEW HOMES BECAUSE the BIGGEST GENERATION will move upstairs for good and then homes will become available. The trend of SINGLE people and less FAMILIES exacerbated this trend. 2030 is the last of the Boomers into retirement. You'll see things begin to ease.
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THOSE mortgages "Equity Release" then encourage you to upgrade the house, from your equity! New kitchen, a conservatory and then how about a nice holiday afterwards😢.
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Excellent! I agree with you A few things I've realized in life too .. (1) There is always an opposite to everything right over to extremes... (2) The best outcomes are usually produced in the range in the middle, usually fair to both sides, never at the extremes... (3) Another is that things and events in life are circular in their organisation and that it is a circle within another circle. Sounds crazy to those who haven't come across it but your realization fits right in. I'm new to you and I enjoyed your take ❤
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My ole ma always told me stories and from them I learned a good deal. Bless her soul. We thrive in communities and individuals make up the communities, no matter how large, eg a country. Scale up. The story was of going to heaven and there were 2 rooms decked out with dining tables of all the good food one could imagine or want. At dinner there was noise coming from both. One was full of laughter and joy and the other equally loud. They were all eating with oversized spoons or chopsticks, I forget. Anyway the happy crowd were using them to feed each other while the other crowd was attempting to feed itself, each for themselves. Lots of rich food on their plates but very thin and hungry. Still it went on night after night. Examine and learn the life lessons.
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Connect the dots to understand what he's saying. Things don't happen in isolation.
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Now they have mortgages for the elderly with their paid off homes, to get at the EQUITY, cos they can't afford to live. Then nothing gets passed on to the next generation cost the home is already sold to the Bankers. In the USA it's called Reverse Mortgages.
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@sedgieroobets By ease, I mean, MORE housing will become available and all the services the elderly use won't need to be serviced as MUCH. In other WORDS, the "Providers" will begin to lose (or not make as much) profit and the market will change.
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@been_a_bean YES, yes. There is ALREADY this movement in place called "WORKER COOPERATIVES" Prof Richard Wolff, in the USA, has been speaking about it and there are EXAMPLES of working businesses across the world, even the West. In summary, the owners and workers are the SAME.
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@been_a_bean YES, ALREADY underway as a Business model. It's called "Worker Co-operatives" I tried to provide name and link but censored. Basically, the owners are the workers and working examples exist throughout the West.
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@annphillips1086 I've HAD 3 replies cancelled. One that showed how there is a community run Businesses AND how people can pay off their mortgages faster and pass on wealth WITHOUT doing what we are told to do.
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@annphillips1086 ALL my replies to you all are being CANCELLED! I HAVE THE ANSWERS. This stayed, so let's try again. 3replies....
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@sedgieroobets Of course the numbers are NEVER absolute but in generalities it is so. I don't know how to convince you. How about you re read and learn the differing things you question with what I've told you in mind. ❤️
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@been_a_bean But not a has been I hope! Worker Co-operatives is the new Business Model for Workers to be Bosses too. ALREADY happening.
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@annphillips1086 No! There are ANSWERS. IT doesn't doesn't let me tell you how!🤬
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@EastoftheDanube No, no, no. Don't lower your expectations. WE had a middle class BECAUSE WE OWNED ASSETS, like our own homes. Assets build wealth that we can pass on to our FAMILIES. Assets allow to not 🚫 start from zero each time! The USA is talking about paying off mortgages, 25 to 30 year mortgages in 5 to 7 years. I've done it in the UK.
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@EastoftheDanube Like MOST things in life, someone just has to guide us to HOW or open our MINDS to something we didn't KNOW.
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Sue, I've tried so many times to point you to a resource but it doesn't register. So I'm going to split it up... Remember 25 to 30 years mortgage paid off in 5 to 7 years. Search for...
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@annphillips1086 VELOCITY BANKING...
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THERE IS MORE MONEY THAN THERE HAS EVER BEEN and MOST of the World's PEOPLE live in poverty. How is it then WE ALL don't feel or ARE RICH in the WEST if the BANKERS are here? Inequality? Who? What? and How? is inequality MADE to happen? We've NEVER been rich but I have NOTICED how THINGS AROUND US are BREAKING (Infrastructure, Services even BASICS of life we rely on). Who is spending it? Where is it all going? Why is it/they no longer maintaining the COUNTRY? Our numbers are NOT growing to the exten tof what is being TAKEN OUT OF THE ECONOMY. Not even with immigration/migrants.
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I've heard people day that in the 70s they could leave one job and walk into another, o problem. Now I know why! Of course, today we'd blame on to the immigrants and not see the man in the whote coat changing the environment in which we all live!😢
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It's happened over and over AGAIN in history. It's just the working people NEVER get it soon ENOUGH. Blame the immigrants.
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I had shared Airbnb and couldn't do that business. Didn't get any assistance and completely used up all my savings. My bills didn't go down at all and in fact increased. Impoverished me and I HATE them.
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@apulaz ACTUALLY he's telling us of the ROOT of the problem that can APPLY to all the different types of ASSETS. STILL, if it doesn't get thru, it doesn't get through.
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@apulaz I don't mind personally. HOWEVER, I wouldn't want the msg you would be promulgating to be the MAIN idea people in the Country take away. THERE ARE other pieces of information that could be passed along on the subject of paying off mortgages that the Censor isn't allowing me to do. WE don't know what we don't know UNTIL someone else opens our minds to it. All I ask is that before you negate what is said is to ask more questions and then more questions, until it clicks. It's going to help you far more than you think. Have a nice day. ❤️
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May I please point you all to Prof Michael Hudson. His breath of knowledge is extremely high but he speaks "normal American En". He knows the history of money and debt, the rich etc from before biblical times to TODAY. His experience in US banking gives added information. I don't do him justice. Please, please listen to his interviews. Many of your questions re how to deal with all will be answered. Basically because ALL of this has happened numerous times BEFORE!
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@richlee509 I don't know; makes me wish I'd learned about Buddhism earlier though. 😊
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