The Economy Is Due For A Debt Crash - Long Term Debt Cycle & Credit Crisis

????Read Our FREE eBook???? Get Richer Sleeping - Investing 101: http://bit.ly/m2InvestingeBook Ray Dalio, the founder of a successful hedge fund, has popularized the long term debt cycle which says that there we see short term debt cycles laid on top of a long term debt cycle which crashes every 50-100 years. Subscribe To Our Channel: http://bit.ly/M2YouTube Recommended: Why Financial Education Is More Important Now Than Ever: https://www.youtube.com/watch?v=0cScikkNXqQ&list=PLKsS_EjCEmdp1Ou6YeukY1refAQY251ef The Economy Is Due For A Debt Crash - Long Term Debt Cycle & Credit Crisis 0:50 - Every 8 to 10 years we see an economic crash from the short term debt cycle and every 50 to 100 years we see a long term debt cycle crash 2:25 - The short term debt cycle lays on top of the long term debt cycle that most people don’t even know about 3:30 - How does credit work to create value out of thin air 4:17 - The more money you spend the more money someone else makes 5:52 - When people make more money they are more credit worthy which expands the economy 7:35 - What happens if the economy slows down and people spend less money 9:15 - What happens when you hit a peak on the long term debt cycle and the central bank can’t stimulate the economy 10:55 - What happens during a long term debt cycle crash and credit disappears during the deleveraging phase 11:50 - What happens when the economy enters a deleveraging phase in the economy 13:45 - When does the Fed start printing more money to fight deflation 14:45 - How to balance the printing of money with loss of credit What Is The Minority Mindset? We are a financial news & education company. The Minority Mindset has nothing to do with the way you look. It's the mindset of thinking differently than the majority of people. #MIH #GetMoneySmart Check out some of our recommended products! Please note: some of the links are from our sponsors, so if you use them, we will get compensated. There's no additional cost to you. ---------- ➤ Real Estate Investing Online 1) ???? Fundrise - Invest in real estate with as little as $500! See the historical returns here: http://bit.ly/InvestFundrise ---------- ➤ Best Online Savings Account 2) ???? CIT Bank - Get a much better interest rate on your savings account with no fees. CIT Bank is FDIC Insured and conditions apply: http://bit.ly/CITsavings ---------- ➤ Active Stock Market Investing 3) ???? Webull - Buy & sell stocks, pay $0 in commissions, and get a free stock: http://bit.ly/m2WebullFreeStock ---------- ➤ Passive Stock Market Investing 4) ???? M1 Finance - Pick a few ETFs and stocks, then let M1 Finance invest your money automatically: https://bit.ly/M1FinanceStocks ---------- ➤ Loans & Refinancing 5) ???? Credible - Get the lowest interest rates possible on your loans - see how much you can save: Student Loan Refinance: https://bit.ly/m2RefinanceLoan Mortgage Refinance: https://bit.ly/MortgageRefiCredible Getting A New Mortgage: https://bit.ly/MortgagePurchaseCredible *Credible NMLS ID# 1681276 ---------- ➤ Home & Life Insurance 6) ???? Policygenius - make sure your family is protected with life insurance & home insurance. Policygenius will find you the best deal at no cost to you: Get a free life insurance quote: http://bit.ly/PolicyGenius Get a free home insurance quote: https://bit.ly/m2HomeInsurance ---------- ➤ Car Insurance 7) ???? CarInsurance.com - See how much you can save on your car insurance with a free quote: https://bit.ly/m2carinsurance ---------- ➤ Credit Cards 8) ???? Credit cards are great if you know how to use them the right way. Here's a breakdown of our favorite cards: Best cash back credit cards: https://theminoritymindset.com/best-cash-back-credit-card-personal/ Best travel credit cards: https://theminoritymindset.com/travel-credit-card/ Best business credit cards: https://theminoritymindset.com/business-credit-card/ https://bit.ly/m2carinsurance ---------- Twitter: https://www.Twitter.com/MinorityM1ndset Instagram: http://www.Instagram.com/MinorityMindset Facebook: http://www.Facebook.com/MinorityMindset See more & read our blog! http://www.TheMinorityMindset.com This Video: https://youtu.be/QPfgaMc5lQQ Channel: https://www.youtube.com/MinorityMindset Video host: Jaspreet Singh DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you. DISCLAIMER CONT'D: I'm just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.