Every Crisis is a great opportunity for any of us to think,survive and thrive differently. This 2020 economic crisis is no different. I go over the 10 economic lessons which I believe we would all need to learn ASAP.

The United States is ready to reopen the Country ; so what does that mean for the economy? Well, the economy isn't in the clear yet and it has to face the biggest test yet. I for see 3 potential scenarios that could come into play in the next 60 days. There is a lot of variables we need to understand to help us navigate as we are entering into a crisis. But, we need to know how bad of an economic crisis it's going to be. All I can say is we are all walking on a thin blue line

Investing is the real key to building wealth, not savings. In this episode I discuss some investing Principles to help you on your investing journey. Having the right time frame in mind , staying consistent with your investments over a long period of time , understanding cashflows when you are investing in your money , own tangible assets, have realistic expectations in your investments and finally avoid FOMO which can kill your profits.

In this episode by Marcus Monero, he shares insights about the Global Economy as well as how we are all in an Everything Bubble , he also gives insight into the End Game of the Central Bankers . Here we look into Negative Interest Rates , Quantitative Easing and figuring out how we can stay solvent in this time of economic and financial uncertainty

This episode looks into the current economic and pandemic situation that is happening all across the globe. Marcus Monero describes the scenario as a nightmare for all Central Bankers, where right now $1million are printed every second; this is an unbelievable situation we have never experienced. This situation will definitely be written in history books for the future generations to learn and not make the same mistakes. The episode also looks into the concept of FedAccounts and Digital Dollar 💲 that was drafted in the Stimulus bill , but by the grace of God was removed. This has raised so many questions and also should be remembered how the Federal Reserve exist because of a reaction to an economic crisis over a 100 years ago

In this episode , just sharing my thoughts on if we are in a Recession and if we are in a Recession, how long will it take to come to an end? Will it Last for just a month or couple of years. I point out various factors and variables that can shorten this period we are in or lenghten this painful process which will cause more financial and economic damage in the long run.

The Global financial meltdown in the year 2008 was a devastating crash, which forced the United States government to create TARP- which is a cute little nickname for "Troubled Asset Relief Program" , which is a program that bought up bad investments called CDO's also known as Collateralized Debt Obligations, Now In 2020, the United States government is pretty much doing the same thing , this time it's much bigger by the tune of $6 Trillion dollars- $2 Trillion from United States CONgress and $4Trillion from the Federal Reserve & US Treasury. The US government is bailing out the Corporate debt in the United States, which may lead to the bailing out of the US stock Market currently valued at $42 Trillion. We are living in interesting times and always I like to say , we are entering into a Brave New World.

Savings Accounts at traditional banks pay next to nothing, in this episode, Marcus Monero explains why banks pay you nothing and how to get a better return on your savings while keeping your money safe. We as the people need to be Smart with our money , but our bank accounts is paying us nothing. I explain briefly how the banking system works as well as how the fractional reserve banking/lending system really works and allows the banks to have a special superpower that helps banks create money out of thin air. Marcus Monero has shares some historical data of the interest rates for savings and mortgages and also shares some details on online banks that offer a much better interest rates on your money compared to the traditional banks.

With Interest Rates cut all the way to 0%, it's very possible that we'll see negative Interest Rates in the United States for the first time. Already many European nation's have implemented negative Interest Rates. The Federal Reserve had an emergency meeting to cut interest rates to zero to stimulate the economy through more borrowing in business loans, consumer loans etc. The Federal Funds Rate is explained in a simple way for the average Joe's and Jane's tuning to the show. Marcus Monero explains the liquidity issue that the banks are experiencing and how the FEDS are injecting trillions of USD into the banking system to make them stay alive. If negative Interest Rates are implemented , then it will be more expensive to save money and it can be a good time to refinance your outstanding loans etc. We are entering into interesting times and how this could mean to the US economy as well as the global economy. Stay tuned for more info.

This quick episode by Marcus Monero centers around the question of How to survive and thrive in this economic downturn? Marcus Monero explains that there is a Silver lining to all kinds of situations and to realize that we need to have a positive attitude and composure; not to be dwelling in a depressive state of mind. There are ways to overcome the personal economic strife that is prevailing globally. As an individual , if you can help people save and earn 💰 in this period, you will prevail and also dwells on the topic of LOCALISM and how it will benefit you as an individual and the community and locality you are part of. We are living in interesting times, that will require us to be wise, knowledgeable and anti fragile.