One Minute Economics
One Minute Economics
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Why Trading Is a Scam Explained in One Minute
Whether you call it trading, day trading or by any other name... it's a scam, plain and simple.
I have launched the NeverTrade.org non-profit initiative to make one thing and one thing only crystal clear: investing is great, trading is a scam.
Not only is it a scam but it is in my view the number one mental health risk of our generation when it comes to the financial dimension of life, with potential consequences which will unfortunately make 1929 seem like a walk in the park.
Lives are being ruined as we speak due to retail trading being such a poorly understood phenomenon and what we are seeing in the present is but the tip of the proverbial iceberg. Once the economy turns sour and an event similar to the Great Recession manifests itself, overly-exposed retail traders from all corners of the world and their families will pay the price.
Is there still time?
Yes.
Which is why I have dedicated so much time to thinking about how NeverTrade.org can be promoted. If you appreciate One Minute Economics and the work I have done here over the years, your help with respect to spreading the word would be greatly appreciated. To get in touch, no matter what it is you have in mind, send an email to contact@nevertrade.org and I will get back to you as soon as possible!
zhlédnutí: 3 498

Video

How AI Might Take Your Job Explained in One Minute
zhlédnutí 1,6KPřed 2 měsíci
When analyzing this topic, most people are afraid of the wrong thing, of something along the lines of fully autonomous AI agents completely taking over. Which, for the foreseeable future and for the overwhelming majority of jobs, is VERY unlikely. Does this mean your job is safe? I'm afraid not. Because as this video makes clear, it's not AI robots like you see in SciFi movies that you should b...
The Housing Affordability Crisis Explained in One Minute
zhlédnutí 2,9KPřed 3 měsíci
In more and more jurisdictions, owning a home is becoming increasingly difficult, with consequences that go far beyond the economic dimension? Why? Simply because we are no longer referring to discretionary spending, to the proverbial avocado toast and what not, but rather to a necessity. At the end of the day, no matter what it is you do for a living, you need a place to... well, live. Thus, t...
2024 Economics in One Minute: Poor Sentiment vs. Strong (?) Metrics
zhlédnutí 2,4KPřed 4 měsíci
A belated happy 2024 to all One Minute Economics supporters! With a new year upon us, it makes sense to give adequate attention to the main narratives with respect to economics in 2024. And a fair case could be made that an epic battle between sentiment and metrics is in the spotlight this year. More specifically, a battle between statistics that paint a positive picture of the economy on the o...
Should You Invest in Gold? A One Minute Perspective
zhlédnutí 4,5KPřed 8 měsíci
More and more people, especially in times of turmoil (economic, geopolitical or otherwise) are asking themselves if it's time to gain at least some exposure to gold. If you are in it for the long haul, then the answer to any questions as to whether or not you should invest in gold tends to be affirmative. There is, in my view, room for precious metals in pretty much all portfolios. At the same ...
GiganticWebsites.com: We Build Ultra-Affordable Scalable Websites With THOUSANDS of Quality Articles
zhlédnutí 9KPřed 11 měsíci
Yep, GiganticWebsites.com is my own project and as peculiar as it may seem to those of you who know me strictly as an economist or author, there is method to my madness :) Simply put, today's technology evens the playing field in a game-changing manner, enabling the average person to launch truly gigantic websites that used to cost hundreds of thousands or even millions of dollars at ridiculous...
Buying Gold in Canada (and Elsewhere) Explained in One Minute
zhlédnutí 7KPřed rokem
This one minute video explains what buying gold in Canada is all about and also provides a fair bit of useful information which pertains to buying gold in general. While nothing is certain, let's just say making the case for an environment where it will be time for gold to shine becomes easier and easier as time passes. Canadians in particular have a wide range of options at their disposal if t...
Getting Rich Quick vs. Getting Rich Slowly: A One Minute Comparison
zhlédnutí 6KPřed rokem
We are literally overwhelmed by "get rich quick" offerings, from mastermind courses to various more or less sketchy products... but is getting rich quick really the way to go? No, not really, with this video explaining why getting rich slowly represents the superior alternative. Does this mean getting rich quick is impossible? Of course not, as it isn't difficult to point to individuals who hav...
Investing in Gold with an IRA, 401k, TSP, Roth IRA or Other Retirement Plan Explained in One Minute
zhlédnutí 3,6KPřed rokem
In light of today's inflation-related uncertainties, it should come as no surprise that more and more individuals are interested in gaining exposure to gold in one way or another. Not only that, increasing attention is also paid to the different manners in which one can gain exposure to gold, because capital allocation opportunities come in all shapes and sizes. How do you go about investing in...
(NeverTrade.org) Why You Should Never Day Trade: The Risks of Retail Trading Explained in One Minute
zhlédnutí 4,3KPřed rokem
I've done this economics thing for many, many years. And over these years, I couldn't help but realize that the more you learn, the more you realize how little you know... especially in this field, I dare say :) However, despite the fact that so few certainties exist, there is one thing I am convinced of: retail trading ruins lives. Don't day trade, in other words, just don't. From countless st...
Economists Can't Predict the Future: The Limits of Economic Predictions Explained in One Minute
zhlédnutí 2,5KPřed rokem
If there is one thing that has been repeated obsessively since One Minute Economics has been launched many moons ago, it's this: economists cannot predict the future. With those who believe otherwise either lying to you or lying to themselves about this mystical ability that nobody has. Now there is bad and good news associated with the reality that economists cannot predict the future and that...
Economics vs. Real Life in One Minute: The Ultimatum Game, Complexity and Data Reliability Issues
zhlédnutí 2,8KPřed rokem
Far too many times, we come across economic models that seem downright brilliant on paper: top-notch math, logic, you name it... yet when they end up being implemented in the proverbial real world by for example being included in economic policy choices, said models disappoint. Why? Simply because in real life, things are (unfortunately for forecasters) ridiculously complex. "Ceteris paribus" s...
Does Money Buy Happiness? Hedonic Treatmill, Income-Happiness Paradox and Social Comparison Theory
zhlédnutí 2,4KPřed rokem
The age-old question: does money buy happiness? As this animation will hopefully explain, the answer is "kind of but not really" or in other words, while short-term effects and effects in general undoubtedly exist, money doesn't really buy happiness in the long run. More specifically: 1) The income-happiness paradox makes it clear that money only "buys" happiness up until a certain income level...
Optimism and Positive Thinking During a Financial or Economic Crisis: A One Minute Perspective
zhlédnutí 2,1KPřed rokem
Optimism and Positive Thinking During a Financial or Economic Crisis: A One Minute Perspective
Decentralization Explained in One Minute: Bitcoin vs. Altcoins
zhlédnutí 9KPřed rokem
Decentralization Explained in One Minute: Bitcoin vs. Altcoins
Blockchain Technology Use Cases Explained in One Minute
zhlédnutí 4,1KPřed rokem
Blockchain Technology Use Cases Explained in One Minute
Simpson's Paradox Explained in One Minute
zhlédnutí 17KPřed rokem
Simpson's Paradox Explained in One Minute
The Most Expected Recession (?) Explained in One Minute
zhlédnutí 2,4KPřed rokem
The Most Expected Recession (?) Explained in One Minute
Retail Trader Speculation Explained in One Minute - Meme Stocks, Meme Cryptocurrencies, etc.
zhlédnutí 1,7KPřed rokem
Retail Trader Speculation Explained in One Minute - Meme Stocks, Meme Cryptocurrencies, etc.
Alternative Investments Explained in One Minute
zhlédnutí 12KPřed rokem
Alternative Investments Explained in One Minute
The European Union's Energy Crisis Explained in One Minute
zhlédnutí 32KPřed rokem
The European Union's Energy Crisis Explained in One Minute
Peer-to-Peer Lending in Europe via Monestro Explained in One Minute
zhlédnutí 2,2KPřed rokem
Peer-to-Peer Lending in Europe via Monestro Explained in One Minute
Why Art Investing Is NOT Just for Billionaires - Masterworks Explained in One Minute
zhlédnutí 6KPřed 2 lety
Why Art Investing Is NOT Just for Billionaires - Masterworks Explained in One Minute
Why and HOW to Boycott Russia Economically Explained in One Minute
zhlédnutí 23KPřed 2 lety
Why and HOW to Boycott Russia Economically Explained in One Minute
"Kidpreneurs" - One Minute Explanation
zhlédnutí 6KPřed 2 lety
"Kidpreneurs" - One Minute Explanation
"The Everything Bubble" Explained in One Minute
zhlédnutí 14KPřed 2 lety
"The Everything Bubble" Explained in One Minute
Cayman Islands' Economics in One Minute
zhlédnutí 10KPřed 2 lety
Cayman Islands' Economics in One Minute
Prosperous Universe (Space Economics Game) Explained in One Minute
zhlédnutí 6KPřed 2 lety
Prosperous Universe (Space Economics Game) Explained in One Minute
The Economics (?) Behind Polarization Explained in One Minute
zhlédnutí 4,2KPřed 2 lety
The Economics (?) Behind Polarization Explained in One Minute
The Economics Behind Content Creation and Monetization Explained in One Minute
zhlédnutí 7KPřed 3 lety
The Economics Behind Content Creation and Monetization Explained in One Minute

Komentáře

  • @ultracrafter
    @ultracrafter Před 16 hodinami

    This helps a lot

  • @joser.romero5783
    @joser.romero5783 Před 21 hodinou

    Short and succinct, I love this . Thank you

  • @powersliding
    @powersliding Před dnem

    this video is part of the scam

  • @404Negative
    @404Negative Před dnem

    лол причом тут был преступником или нет. если речь ТОЛЬКО про внешность

  • @ziaulhasnain3713
    @ziaulhasnain3713 Před dnem

    Stop back ground music

  • @blue7lvn245
    @blue7lvn245 Před dnem

    Im listening at 1.25 sped6

  • @rabbidguarddog
    @rabbidguarddog Před dnem

    Wait who's Joe and why does he need your familys money?

  • @rebusd
    @rebusd Před dnem

    I suppose a meaningful question is "are interest rates (or should they be) an input or an output?" Do interest rates represent a real world phenomenon such as savings or implied demand for credit or do they best (inversely) represent the amount of free liquidity available through government borrowing? Also, are there qualitative measures either contemporary or historical which can represent the outcome of implementation of either philosophy?

  • @loveyouself5389
    @loveyouself5389 Před 2 dny

    Wow!!! wisdomatic teaching thank you so much!

  • @FumiTheSillyGirl
    @FumiTheSillyGirl Před 2 dny

    *THAT PACKAGE*

  • @NetProfitPath
    @NetProfitPath Před 3 dny

    Very Educational. I would recommend this video for educational purposes!

  • @NetProfitPath
    @NetProfitPath Před 3 dny

    Very Educational. I would recommend this video for educational purposes!

  • @NetProfitPath
    @NetProfitPath Před 3 dny

    Very Educational. I would recommend this video for educational purposes!

  • @NetProfitPath
    @NetProfitPath Před 3 dny

    Very Educational. I would recommend this video for educational purposes!

  • @NetProfitPath
    @NetProfitPath Před 3 dny

    Very Educational. I would recommend this video for educational purposes!

  • @TheGamingAbyss
    @TheGamingAbyss Před 3 dny

    THIS IS SO TRUE. Humanity SHOULD NEVER be allowed to have too much supply of any one thing.

  • @user-lr8ig6nf5e
    @user-lr8ig6nf5e Před 3 dny

    Say slowly 😂

  • @khizarshykh414
    @khizarshykh414 Před 4 dny

    They make money from our money

  • @morrismonet3554
    @morrismonet3554 Před 5 dny

    The late economist John Kenneth Galbraith famously stated that economic forecasting was invented to make astrology look respectable.

  • @abduleve8688
    @abduleve8688 Před 5 dny

    The reason behind kenyan violence

  • @RayHudson-cx1te
    @RayHudson-cx1te Před 5 dny

    Geweldig, precies zoals ik verwachtte... je clips zijn erg informatief en gericht, ik ben altijd nieuwsgierig om te kijken! Vanuit mijn jarenlange kennis en ervaring, levert een goede en solide achtergrond in investeringen meer vooruitzichten op dan alleen afhankelijk zijn van spaargeld. Ik heb in de loop der jaren veel verworven, ben gevalideerd in de marktschommelingen en heb mijn kapitaal op de marktruimte goed gebruikt, allemaal dankzij de begeleiding van een professional in mijn reis/verlangen naar echte financiële vrijheid ∆§%™

    • @RayJenkins-vr7sr
      @RayJenkins-vr7sr Před 5 dny

      Dat is zeker waar, er is geen sprake van succes of prestaties zonder een goede achtergrond in het leren en verwerven van kennis over waar je je mee bezighoudt... een goede professional als gids hebben is een gedurfde stap die elke beginnende handelaar kan zetten voor een succesvol resultaat_.

    • @SandraMcKenzie-uc3hp
      @SandraMcKenzie-uc3hp Před 5 dny

      Handelen met de juiste makelaar is onvermijdelijk,,,

    • @RayHudson-cx1te
      @RayHudson-cx1te Před 5 dny

      Michael Jay Jenkins.....

    • @RayHudson-cx1te
      @RayHudson-cx1te Před 5 dny

      Hij is op Instagram ...._.

    • @RayHudson-cx1te
      @RayHudson-cx1te Před 5 dny

      Ik investeer en maak een redelijke winst bij deze makelaar .....

  • @atyourbest5385
    @atyourbest5385 Před 5 dny

    People though affiliate marketing was a scam. Trading is a challenging venture with big risk but also big rewards. People fall victim because they see the big rewards without doing their studies and it takes time. They get persuaded into the rewards without understanding what's involved and how to properly trade. Who ever told you trading is easy are the scammers. Trading is not gambling, it's a statistical advantage study. Gambling is not knowing the outcome. But to call it a scam just tells me you don't know how to trade but that's ok, it was never easy. The only people who will help you "spread the word" are failed traders or victims of scammers or unethical brokers.

  • @Hannahbenowitz
    @Hannahbenowitz Před 6 dny

    I never viewed metals as an investment, but I always saw it as a great way to save your cash & retain the value from when you bought it. It’s not hard to turn it to liquid cash, and it beats letting inflation destroy your savings.

    • @JosephineKenney
      @JosephineKenney Před 6 dny

      You are in for a nasty surprise, my friend. Gold is often hailed as a hedge against inflation-increasing in value as the purchasing power of the dollar declines. However, government bonds are more secure and have shown to pay higher rates when inflation rises, and Treasury TIPS provide built-in inflation protection.

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch Před 6 dny

      I think having an investment advisor is the way to go. I've been with one because I lack the expertise for the market. I made over $490K during the recent dip, highlighting that there's more to the market than we average folks know.

    • @HildaBennet
      @HildaBennet Před 6 dny

      Hmmm this is quite interesting, Please can you leave the info of your investment advisor here? I’m in dire need for one.

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch Před 6 dny

      “Sharon Lee Peoples” is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @HildaBennet
      @HildaBennet Před 6 dny

      I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

  • @Empty-Profile
    @Empty-Profile Před 7 dny

    “Erm, achully this video is 1 minutes and 30 SECONDS!☝️🤓”

  • @danmccurry3810
    @danmccurry3810 Před 7 dny

    Good job in this video clip, short and sweet.. What can possibly go wrong with derivatives? Most of us have heard of the collapse of Leman Brothers in the middle of the housing crisis of 2008.

  • @Hellmood_CZ
    @Hellmood_CZ Před 7 dny

    globalism is the best

  • @saeed7099
    @saeed7099 Před 7 dny

    i was expecting to spend at least an hour to get this concept down. I got the basic concept by watching this video in about 5 minutes (watched more than once.) You're doing God's work son!!

  • @amazonproducts12378

    Very nice good job keep it up for your future successful good luck with great wish I like it very much 😊😊😊

  • @MojoMountainMan
    @MojoMountainMan Před 8 dny

    Do you know what the biggest Ponzi scheme in the world is? SOCIAL SECURITY and that's why anybody else trying this system will go to jail, because the government wants its Monopoly

  • @ROHITPRADIPNAIK
    @ROHITPRADIPNAIK Před 9 dny

    Love from India❤❤

  • @yureonice7917
    @yureonice7917 Před 9 dny

    Lets be real, after all these trade wars and the US pretty much ignoring every single international organism... it just doesn't work.

  • @epictetus__
    @epictetus__ Před 9 dny

    How that's not the ideal outcome? Yeah technically Alice not testifying is better, but let's face it in real world situation what if her partner actually rats her and in that case she is 100% sure she will get 8 years imprisonment. So you can't blame Alice

  • @GsxRmitTUV
    @GsxRmitTUV Před 9 dny

    Norinchukin Bank is the first victim of CLO.

  • @PrettySure-jq5jn
    @PrettySure-jq5jn Před 10 dny

    Spoiler alert: *it's propaganda*

  • @comebackcs
    @comebackcs Před 10 dny

    this is so freaking confusing. With I had never watched this explanation

  • @morrismonet3554
    @morrismonet3554 Před 11 dny

    Another useless organization that needs to be abolished.

  • @morrismonet3554
    @morrismonet3554 Před 11 dny

    It needs to be abolished, along with the World Bank and the U.S. Federal Reserve. Sink or swim on your own merits. Let the market decide.

  • @davidpeters8821
    @davidpeters8821 Před 11 dny

    Soooo, they were like"damn this real thing.....we run on thoughts and prayers now"

  • @LightofBankai
    @LightofBankai Před 12 dny

    The US knew they were eventually not going to be able to pay in gold so they kept the gold for themselves and forced everyone to use the USD. Any country who refused were reminded of Hiroshima.

  • @jimmyneutron6127
    @jimmyneutron6127 Před 12 dny

    So stay away from the entire Nasdaq.

  • @samuelmurphy6863
    @samuelmurphy6863 Před 12 dny

    Everyone at work complaine they are broke woth expensive clothes and their me just setting on money 😊

  • @p.channel.2023
    @p.channel.2023 Před 13 dny

    The fact that this is still even a question & a taboo to shame people speaking up about it💀 Sure let's keep procreating to death then cross our fingers to pray that technology advance will come to save the day every time again then. No big deal at all, even to the point of making Earth uninhabitable in the near future, having to make all types of dramatic plans to flee to other planets cause humans have damaged Earth beyond repair, sneakily decimating the population, routinely letting many people die because of lack of resources👍 And forget about all of overpopulation issues, has everyone asked themselves is it even ethical to have biological kids in this world? Let's not conveniently build on a false premise first & constantly overlook the onesided, abusive nature of having biological kids.

  • @user-og8ln9ld5p
    @user-og8ln9ld5p Před 13 dny

    Everything sounds sweet in theory until implemented. This is something of which Engineers are very well aware.

  • @OrangR4nd0m
    @OrangR4nd0m Před 13 dny

    Can you make a video that explain about Monopoly in 1 minute?

  • @TheSonic1685
    @TheSonic1685 Před 14 dny

    You forgot to mention that now they can just print as much money as they want raising the prices of goods and services and giving the state the ability to buy whatever it wants.

  • @juicy8523
    @juicy8523 Před 14 dny

    I have to send this to people who are saying that going vegan does not change anything about animal suffering 🫠

  • @smokedoutmotions_
    @smokedoutmotions_ Před 14 dny

    China was a bad example. China was more advanced than we are

  • @PubQuizMasters
    @PubQuizMasters Před 15 dny

    great video. We cover these topics in a quiz if you want to test your knowledge!

  • @KozelPraiseGOELRO
    @KozelPraiseGOELRO Před 16 dny

    I came for the lols and notes and some corrections. Let me start. The open market thing is part of liberalism, it is a branch of capitalism, the largest indeed, but not the only one. Marx did not said capitalism is 'unfair to the worker' but he said it is alienating, exploitative and produces a clear distinction of classes between the owner of the means of production and the rest which has to sell its labor in a market. It is not very important, for a quick explanation, but for those who will engage, it is important to undertstand the theory. Marx did not advocate for equality, it is more of a LaSalle thing if I remember correctly, as it is a product of the econonic organization, and not something that can be achieved by itself. In socialism the state would not own the means of production, this is a misunderstanding very common, even in the socialist circles. The ownership of the means of production goes to the workers, it may be thought the State, but only if the State itself was in the hands of the workers first. On semantics and not so important, socialism being a stage before communism is something he did not said, as he refered both as communism and socialism (he used both words to reffer to the same thing), but low stage and high stage. This was later changed by other communists to make a clear difference between the other socialistic tendencies and the Marxist one. Important if you want to read the stuff with no historic context. On communism being 'absolutely is equal' is still wrong. The best and shortest description is 'Stateless, moneyless, classless society'. On the USSR being not communist, he nailed it, not even Stalin considered it communism. On it being socialist, there is debate. The Orthodox Marxist says it was not, the Marxist-Leninist of the 4th international says it was not, the Marxist-Leninist of the 3rd International says it was, the Marxist-Leninist-Maoist says it was. There are more braches, but they are less common to encounter, so I will skip them (sorry anarcho-communists, not so sorry the rest). On the model "not being very efficient" is a lie at worst, a simple confusion at best. Comparing the USSR and the other non aligned countries to the economic core is not a good comparasion, as they had more in common (specially in the economic sphere) with Southamerica than the other side of Europe, and even less with the US, the core of the core. In this sense, where is the Colombian-French Space Race? The isolation of DPRK, Cuba (before 2014), Venezuela, Vietnam are product of a constant economic warfare. The modern chinese socialism, also known as Dengism, has its own critique but we will defend it from the Westerners, as they are closer to us. Democratic socialism has its own story of why it is the way it is today, and it is not pretty (involves some fascism). It is clearly not socialism, just has some 'socialist tendencies'. And for the last time, please, Keynessianism is not even socialist. I talk about the US and UK stuff at the last seconds.

  • @eg4933
    @eg4933 Před 16 dny

    And they should also legalize prostitution/drugs take it out of the wreckless/corrupt hands of illegal markets. I still don't get why they don't get on with it...