California’s Renewable Energy Problem


Published on May 25, 2019

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Global Warming – Just Follow the Money


I just returned from New York City, the armpit of the world since I never saw an apple tree there yet, and I had a very interesting meeting behind the curtain. I thought I would share this subject which they agreed I could go public on without names of course. Besides the fact that there is an understanding that this entire Global Warming scenario is acknowledged nonsense for in real science you debate whereas this agenda seeks to shut down any debate whatsoever, there has been a geopolitical agenda that has been going on which is also why Trump has refused to join the club.

There are those who were using this movement for geopolitical reasons trying to oppress emerging markets which included China. When I was in Beijing back in 1997, 95% of the people were on bicycles. Today, perhaps 5% use bicycles that notice on the streets. There were far more people riding bicycles in Amsterdam than in Beijing based on just my observations on my last trip to both places. In just 5 years, China had poured more concrete in their infrastructure than the United States had poured since the Great Depression. Trying to ban coal was perhaps a covert move to try to keep China from expanding. But it had other problems. Angela Merkel banned nuclear power after the Japan nuclear disaster yet this meant that Germany would still be in a position to produce energy by coal. In Sweden, they used the Global Warming agenda to move to nuclear power.

The other covert agenda only required the simple task of following the money. From the very beginning, the movement to create nuclear power plants funded the agenda of Global Warming to clear the resistance to move to what they were calling a “cleaner” form of energy. The Trump administration has repeatedly vowed to help revitalize the nation’s nuclear power industry, which has struggled to compete with cheap renewables and natural gas. However, he has been unable to get that through Congress.

Meanwhile, the U.S. did agree to build six nuclear reactors in India, which has plans to massively scale up its nuclear-power program to meet the country’s growing energy demands as it reduces emissions. There is no doubt that the Global Warming agenda has also begun as a means to further the nuclear power industry in international markets.

The compelling argument used to convince that the world must turn to nuclear power plants centers on the fact that it is carbon-free energy to stave off global warming. It’s not at all clear that renewables can do the job alone and the dream of electric cars will never materialize without nuclear power on any grand scale. Nuclear is a proven technology, which already provides 11% of all electricity globally. They need the Global Warming propaganda to justify building nuclear power plants which are far more costly to construct – $5 billion to $10 billion a pop. Sometimes, it just helps to follow the money.

Millennials Saddled with Student Loans that Prevents them from Becoming Homeowners


New findings are out from the New York Federal Reserve that reveal a troubling outlook for millennials who have now reached over US$1 trillion of debt, but the worst of it is student loans. This is a sharp rise of 22% over the past five years and is worse than any other generation in history. This debt crisis among millennials casts a dark cloud over the real estate market. With such high debt levels, this is a serious restraint upon obtaining home mortgages.

Ironically, millennials are much more conservative than the debt balances may indicate, but this could also be because of the student debt. In fact, in comparison to previous generations, this group is significantly more fiscally conservative with credit cards. Many into their 30’s are still living at home. With high student debt, many cannot afford a home, but another level cannot even afford an apartment. There is a new trend emerging whereby old motels are becoming housing. They lack the credit to rent an apartment with a security deposit. The new alternative is to rent per day in these old motels with rates of $50 to $80 per day.

This is not painting a very nice picture of the American Dream. To get the donations from the bankers, the Clintons served them up on a platter by making student loans non-dischargeable in bankruptcy. The Clintons signed into law economic fraud and slavery. These kids are paying for degrees and then cannot find a job in what degree they have studied.

Universities are notorious for handing out degrees for fields with no prospects of employment. So many went for degrees in Marine Biology wanting to help dolphins. The prospect of a job was never high on the list of probabilities. There are studies that show colleges are not providing jobs. They have turned higher education into just a business and buyer beware. In fact, the research has found that those jobs requiring a bachelor’s degree list more soft skills than technical skills among the set of requirements. On top of that, there is a trend of rising suicides due to student loans.

Student loan debt is now the second highest consumer debt category — second only to mortgages as a whole and higher than credit card debt. There are more than 44 million borrowers who collectively owe $1.5 trillion in student loan debt and growing. Even Zillow’s research, the big realtor, has reported that student debt has impacted the real estate market in many ways by reducing future buyers. The real shocking number is that 40% of millennials are still dependent on mom and dad. The excuses seem endless. Student loan debt can make buying a home IMPOSSIBLE! This is part of the reason real estate has been in a bear market since 2007 when we look at the average home.

Why Are Capital Controls Destructive?


QUESTION: Controls v Protectionism

If capital controls would be such destructive measure, then China already has in place what one would consider Capital Controls and if they were to lift their control a lot of money will leave China – why is that not destructive: as you mention that the centre of finance will move east to China.

BHL

ANSWER: Sorry, I suppose I was not detailed enough. Capital controls are destructive when they are imposed to prevent foreign capital from leaving. They are a red flag that warns nobody else will invest. In the case of China and Russia, when that airtight policy was imposed upon their own people, then it retarded economic growth.

The bulk of Bitcoin traffic was used to get capital out of China. We see a lot of Chinese buyers around the world, even in real estate.

China is trying to gradually move toward an open market. When capital is free to flow in and out, then China will be ready to displace the USA as the financial capital of the world. Had the United States imposed capital controls after the war, then both China and Europe would still be in an economic dark age.

How to Improve Work Ethic


Valuetainment

Published on Nov 10, 2016
For detailed notes and links to resources mentioned in this video, visit http://www.patrickbetdavid.com/improv… Visit the official Valuetainment Store for gear: https://www.valuetainmentstore.com/ If you don’t have a strong work ethic, I can’t work with you. Here’s why. If you don’t have a strong work ethic, you’re not going to give the highest return possible on the knowledge and skill passed on to you. Why should I put time into you if the duplication part is not going to return? So in this video I get into 15 ways to improve your work ethic. #1: Be Predictable – 8:14 #2: Consistency – 10:24 #3: Prepare the Night Before – 10:53 #4: Do More – 12:06 #5: Subscribe to the “Now” Mentality – 14:10 #6: Find Running Mates – 15:56 #7: Don’t Fall for the “Work Smart Only” Concept – 16:43 #8: Cut Distractions – 18:25 #9: Absolute Focus – 18:58 #10: Have a To-Do List – 19:35 #11: Eat Right – 20:01 #12: Plug the Leaks – 20:16 #13: Cut the Fat – 12:12 #14: Drop Perfection – 22:13 #15: To Avoid Burnout, Have Your Own Escape – 23:22

 

 

DNA of an Entrepreneur


Valuetainment

Published on Nov 3, 2015
DNA of an Entrepreneur- Patrick shares eye opening facts about entrepreneurs in a live setting that will disrupt your existing perception about entrepreneurship. Do you have the DNA of an Entrepreneur? Visit the official Valuetainment Store for gear: https://www.valuetainmentstore.com/ The Startup Entrepreneur Tour http://www.patrickbetdavid.com About the tour: Patrick Bet-David and his production team took off on a 30 day, 10,000 mile trip across the U.S. The reason? Inspire more people to become entrepreneurs. Official Startup Entrepreneur Tour Highlights Video: https://www.youtube.com/watch?v=qjcho… Connect with Patrick on twitter: http://www.twitter.com/patrickbetdavid Article on Entrepreneur: http://www.entrepreneur.com/article/2… To see more videos from Entrepreneur Network partner, Patrick Bet-David check out VALUETAINMENT https://www.youtube.com/user/patrickb…

Al Gore to Hold Australian Climate Change Event to Discourage Australians From Mining Coal


Al Gore is still at it. At the expense to Australian taxpayers of $142,000, Gore will lead a three-day climate change lecture in Queensland. Gore will push his global warming theory, speaking at the Minister’s Climate Change event in Brisbane from June 5 to 7, 2019. The three-day climate change conference was supposed to include Labour leader Bill Shorten. The polls said Shorten would win the Federal Election, but in a surprise, he lost. The entire election was built on climate change and it did not go over very well at the voting booths. He intends to train between 800 and 1000 business and community leaders from across Australia and the Asia-Pacific region during the climate change event to adopt his theory, even though the analysis is linear and has failed with both of his movies.

As a side note, Queensland is experiencing bitter cold – perfect timing!

The Truth Behind the Affordable Care Act – Learn Liberty


Published on Mar 23, 2016

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The Affordable Care Act (popularly known as “Obamacare”) promised to lower costs and give everyone in America access to health care coverage. 6 years later, has it lived up to its promises? Learn More: http://www.learnliberty.org/ Watch more Learn Liberty videos on health care technology, policy, and entrepreneurship — plus get a free, on-demand video course. http://www.learnliberty.org/health-care/ Did the ACA get you covered or not? Have your own health care bills gone up or down? Check out more of Dr. Davies’s research on http://mercatus.org/antony-davies For more videos about where we’ve been and where we’re headed in health care, check out http://learnliberty.org/health-care We’ll also be holding a livestream tomorrow (3/24) at 3:00pm (EST) on our Facebook page (https://www.facebook.com/LearnLiberty/) with Dr. Robert Graboyes. How do we fix the current problems in our health care system to create better care for more people at lower costs? Be sure to tune in to ask your questions about the economics of health care!

Does the Minimum Wage Hurt Workers?


Published on Apr 9, 2012

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Do minimum wage laws actually hurt workers? Learn more: http://bit.ly/1HVAtKP The minimum wage sounds nice on the surface: workers earning $8 per hour would certainly be better off if they were earning $12 per hour instead. But economics professor Antony Davies explains that this view of the minimum wage overlooks an important detail: The minimum wage does not force employers to pay a particular wage to every worker; it forces employers to pay a particular wage to every worker they choose to keep. While the minimum wage may be well-intentioned public policy, it often huts the very workers most in need of our help.