About this episode
Everyone feels as if the American Dream has slipped away…but why? Why is it that when the stock market goes up, or the talking heads tell us the economy is booming, it never feels that way? Something HAS changed. So what is it? Why has it changed? And what can we actually do about it? ----- ⭐ SPONSOR: True Classic Their perfectly balanced fit, feel, and price ensure guys look and feel their best. Say goodbye to awkward bunching and tight spots; True Classic offers snugness where you need it and relaxation where you want it. It's time to upgrade your wardrobe essentials with intentionality and comfort. 🔗 BUNDLE AND SAVE HERE: https://Trueclassic.com/nick ----- 🎁 GET YOUR MERCH HERE: https://shop.nickjfreitas.com/ 🤝 BECOME A MEMBER OF THE IC: https://NickJFreitas.com Instagram: www.instagram.com/nickjfreitas/ Facebook: https://www.facebook.com/NickFreitasVA Twitter: https://twitter.com/NickJFreitas YouTube: https://www.youtube.com/@Nickjfreitas TikTok: https://www.tiktok.com/@nickfreitas3.0 00:00:00 - Intro 00:02:30 - “Remember When $50K Was A Lot of Money?” 00:09:30 - How We Got Here: The Reserve Currency Trap 00:18:31 - The Triffin Dilema 00:26:31 - Jacques Rueff’s Haunting Prediction 00:36:55 - Hyperfinancialization 00:44:11 - Why The Middle Class is Vanishing 00:45:23 - The Losers From Globalization 00:54:14 - The Winners From Globalization 01:01:17 - Why The System is Breaking Now 01:06:58 - Does The Left Have a Point? 01:20:29 - What Gave Rise to the Populist Right? 01:29:20 - Can Avoid Catastrophe? 01:34:38 - What Can You as an Individual Do About it?