Analyzing Finance with Nick

This is the first of a three part series on my reaction to Ray Dalio's Principles for Dealing with the Changing World Order. I overview Ray's thesis to why countries rise and fall in a cyclical fashion, and what lessons he learned from trading in previous eras of currency devaluation. I also explain why I believe Dalio overrates the role of income inequality in the life cycle of global empires.

This video is the third part of the Iceberg of Economics series where I break down concepts in the world of economics. Level three is heavy on central planning policies such as socialism, communism, and rent control.

Chapters:

0:00 Introduction

5:00 Dalio's Experience Trading Currency Devaluations

8:00 Default

13:00 Income Inequality

19:00 The Cycle of Changing World Order

Citations:

Dalio's Original Video: https://www.youtube.com/watch?v=xguam0TKMw8&t=1122s

Rogoff and Reinhart paper on debt/GDP: https://www.nber.org/system/files/working_papers/w15639/w15639.pdf

Jake Tran Reaction: https://www.youtube.com/watch?v=3Fe3HdJ3uMc&t=652s

Compensation Theory: https://www.youtube.com/watch?v=DNq0hjjtnPY

Pareto Principle: https://www.youtube.com/watch?v=Jg-LPZEtMGU&t=15s

To follow more of my work find me on:

Website: http://davosig.com​​​​

Seeking Alpha: Nicholas Pardini

Patreon: https://www.patreon.com/nickaf

Twitter: https://twitter.com/AFwithNIck

Join Our Mailing List: http://eepurl.com/gK5a2j

Email Questions to [email protected]

Disclaimer:

Anything in this channel is for informational and educational purposes only and is not investment advice. All information contained herein is based upon information available to the public. No representation is made that it is accurate or complete. No mention of a particular security, index, derivative, or other instrument on this channel is an offer to buy or sell or a solicitation of an offer to buy or sell the securities mentioned herein, nor does it constitute an opinion of the suitability and appropriateness of investing in any financial instrument. Please consult your investment advisor and do you own research before making any trading or investment decisions

Part 9 is where we share the crazies economic theories on YouTube. In the final layer of the iceberg of economics, Nick dives into his own heterodox theories about macroeconomics. These include longevity economics, the progress theory of voting patterns, and AI and robots ladder pulling emerging market countries development opportunities.

Citations:

Compensation Theory: https://www.youtube.com/watch?v=DNq0hjjtnPY&t=22s

San Francisco is the Next Detroit: https://www.youtube.com/watch?v=dOoRkinTIQg&t=428s

To follow more of my work find me on:

Davos Macro Quick Takes & Options Corner: https://www.mjresearch.org/davos-macro-quick-takes-options-corner/

Website: http://davosig.com​​​​

Seeking Alpha: Nicholas Pardini

Join Our Mailing List:

http://eepurl.com/gK5a2j

Email Questions to [email protected]

Disclaimer:

Anything in this channel is for informational and educational purposes only and is not investment advice. All information contained herein is based upon information available to the public. No representation is made that it is accurate or complete. No mention of a particular security, index, derivative, or other instrument on this channel is an offer to buy or sell or a solicitation of an offer to buy or sell the securities mentioned herein, nor does it constitute an opinion of the suitability and appropriateness of investing in any financial instrument. Please consult your investment advisor and do you own research before making any trading or investment decisions

In this video I discuss the adverse selection problem, the resulting negative selection bias, and how to deal with asymmetric information in business and life.

To watch the video versions of this show that includes graphs and charts about the topics described in the podcast, subscribe to the YouTube Channel, Analyzing Finance with Nick

https://www.youtube.com/channel/UC7TEgC3UwJ2wI6m40rJOAFA

In this episode, I explain the real red pill of economics: the cynical industrial complex. This is how businesses and political parties profit of depression, polarization, and radical world views.

To watch the video versions of this show that includes graphs and charts about the topics described in the podcast, subscribe to the YouTube Channel, Analyzing Finance with Nick

https://www.youtube.com/channel/UC7TEgC3UwJ2wI6m40rJOAFA

Citations:

Carnegie Mellon study on Depression and Consumption: https://pubmed.ncbi.nlm.nih.gov/18578840/

New Hampshire politician starts red pill: https://www.thedailybeast.com/the-republican-lawmaker-who-secretly-created-reddits-women-hating-red-pill

Compensation Theory:

https://www.youtube.com/watch?v=DNq0hjjtnPY&feature=youtu.be

Great Social Depression:

https://www.youtube.com/watch?v=uxCQK8NNwLQ

Income Inequality Not That Bad:

https://www.youtube.com/watch?v=YJxBVPBefBw&feature=youtu.be

This episode is about post scarcity economics and innovation economics. What happens to the field of economics when there is enough of everything to satisfy everyone's wants? Can entrepreneurship focused policy bring us there?

To watch the video versions of this show that includes graphs and charts about the topics described in the podcast, subscribe to the YouTube Channel, Analyzing Finance with Nick

https://www.youtube.com/channel/UC7TEgC3UwJ2wI6m40rJOAFA

Davos Macro Quick Takes & Options Corner: https://www.mjresearch.org/davos-macro-quick-takes-options-corner/

#hashtag #hashtag #hashtag (reminder for put all of the tags)

To follow more of my work find me on:

Website: http://davosig.com​​​​

Seeking Alpha: Nicholas Pardini

Join Our Mailing List:

http://eepurl.com/gK5a2j

Email Questions to [email protected]

Disclaimer:

Anything in this channel is for informational and educational purposes only and is not investment advice. All information contained herein is based upon information available to the public. No representation is made that it is accurate or complete. No mention of a particular security, index, derivative, or other instrument on this channel is an offer to buy or sell or a solicitation of an offer to buy or sell the securities mentioned herein, nor does it constitute an opinion of the suitability and appropriateness of investing in any financial instrument. Please consult your investment advisor and do you own research before making any trading or investment decisions

Why is the economy doing well, but people's mental health and well being at record lows? In this video, I investigate the "Great Social Depression" and what could be driving it?

To watch the video versions of this show that includes graphs and charts about the topics described in the podcast, subscribe to the YouTube Channel, Analyzing Finance with Nick

https://www.youtube.com/channel/UC7TEgC3UwJ2wI6m40rJOAFA

Citations:

Bowling Alone Robert Putnam: https://www.amazon.com/Bowling-Alone-Collapse-American-Community/dp/0743203046

Depression Rates by Age: https://www.businessinsider.com/depression-rates-by-age-young-people-2019-3

Millennials Have No Friends: https://today.yougov.com/topics/lifestyle/articles-reports/2019/07/30/loneliness-friendship-new-friends-poll-survey

To follow more of my work find me on:

Website: http://davosig.com​​​​

Seeking Alpha: Nicholas Pardini

Join Our Mailing List:

http://eepurl.com/gK5a2j

Email Questions to [email protected]

Disclaimer:

Anything in this channel is for informational and educational purposes only and is not investment advice. All information contained herein is based upon information available to the public. No representation is made that it is accurate or complete. No mention of a particular security, index, derivative, or other instrument on this channel is an offer to buy or sell or a solicitation of an offer to buy or sell the securities mentioned herein, nor does it constitute an opinion of the suitability and appropriateness of investing in any financial instrument. Please consult your investment advisor and do you own research before making any trading or investment decisions

In this episode, I break down the economic future of the UK. Great Britain has had a dynamic and proud history, but since 1945 the British economy has been in relative decline. As one of the first country's to globalize, the UK was one of the first countries to benefit from hyper specialization, but also one of the first to bear the ugly economic and political consequences of hollowing out domestic industry.

To watch the video versions of this show that includes graphs and charts about the topics described in the podcast, subscribe to the YouTube Channel, Analyzing Finance with Nick

https://www.youtube.com/channel/UC7TEgC3UwJ2wI6m40rJOAFA

To follow more of my work find me on:

Website: http://davosig.com​​​​

Davos Macro Quick Takes and Options Corner: https://www.mjresearch.org/davos-macro-quick-takes-options-corner/

Join Our Mailing List:

http://eepurl.com/gK5a2j

Email Questions to [email protected]

Disclaimer:

Anything in this channel is for informational and educational purposes only and is not investment advice. All information contained herein is based upon information available to the public. No representation is made that it is accurate or complete. No mention of a particular security, index, derivative, or other instrument on this channel is an offer to buy or sell or a solicitation of an offer to buy or sell the securities mentioned herein, nor does it constitute an opinion of the suitability and appropriateness of investing in any financial instrument. Please consult your investment advisor and do you own research before making any trading or investment decisions

In this video I go over the risk of San Francisco becoming the next Detroit. I talk about the similarities between the SF Bay Area today and metro Detroit in the 1950's and 60's, and how work remote acceptance can cause the same exodus today that the big three moving factories did last century.

To watch the video versions of this show that includes graphs and charts about the topics described in the podcast, subscribe to the YouTube Channel, Analyzing Finance with Nick

https://www.youtube.com/channel/UC7TEgC3UwJ2wI6m40rJOAFA

Citations:

Detroit Industry Concentration: https://theweek.com/articles/461968/rise-fall-detroit-timeline

Tech Employment Bay Area: https://www.mercurynews.com/2019/06/14/tech-employment-bay-area-reaches-record-highs-google-apple-facebook-adobe/

To follow more of my work find me on:

Davos Macro Quick Takes & Options Corner: https://www.mjresearch.org/davos-macro-quick-takes-options-corner/

Website: http://davosig.com​​​​

Seeking Alpha: Nicholas Pardini

Join Our Mailing List:

http://eepurl.com/gK5a2j

Email Questions to [email protected]

Disclaimer:

Anything in this channel is for informational and educational purposes only and is not investment advice. All information contained herein is based upon information available to the public. No representation is made that it is accurate or complete. No mention of a particular security, index, derivative, or other instrument on this channel is an offer to buy or sell or a solicitation of an offer to buy or sell the securities mentioned herein, nor does it constitute an opinion of the suitability and appropriateness of investing in any financial instrument. Please consult your investment advisor and do you own research before making any trading or investment decisions

To watch the video versions of this show that includes graphs and charts about the topics described in the podcast, subscribe to the YouTube Channel, Analyzing Finance with Nick

https://www.youtube.com/channel/UC7TEgC3UwJ2wI6m40rJOAFA

In the eighth part of the iceberg of economics, I elaborate on the more obscure heterodox schools of economics that do not fit in the classical, Keynesian, Marxist, or Austrian schools of thought.

0:00 Intro

1:13 Buddhist Economics

3:14 Political Economy

5:01 Feminist Economics

8:24 Freiwirtschaft

10:30 Gift Economy

12:05 Socioeconomics

14:05 Happiness Economics

16:34 Chicago Boys

18:45 Distributionism

Citations:

Economic Future of Chile: https://www.youtube.com/watch?v=fhq1CKKJL0c

Macroeconomics is Political: https://www.youtube.com/watch?v=YQMvzZpqBQE

Davos Macro Quick Takes & Options Corner: https://www.mjresearch.org/davos-macro-quick-takes-options-corner/

ChatGPT is the recently released AI technology that has potential to be game changer for the future of academic life, labor, and the global economy. Will your career be enhanced or replaced by the next stage of artificial intelligence.

To watch the video versions of this show that includes graphs and charts about the topics described in the podcast, subscribe to the YouTube Channel, Analyzing Finance with Nick

https://www.youtube.com/channel/UC7TEgC3UwJ2wI6m40rJOAFA

To follow more of my work find me on:

Website: http://davosig.com​​​​

Davos Macro Quick Takes & Options Corner: https://www.mjresearch.org/davos-macro-quick-takes-options-corner/

Join Our Mailing List:

http://eepurl.com/gK5a2j

Email Questions to [email protected]

Disclaimer:

Anything in this channel is for informational and educational purposes only and is not investment advice. All information contained herein is based upon information available to the public. No representation is made that it is accurate or complete. No mention of a particular security, index, derivative, or other instrument on this channel is an offer to buy or sell or a solicitation of an offer to buy or sell the securities mentioned herein, nor does it constitute an opinion of the suitability and appropriateness of investing in any financial instrument. Please consult your investment advisor and do you own research before making any trading or investment decisions