I'm sure you all can see, I'm spending a lot of time on Youtube.
It gives me inspiration and new ideas, I learn more about things, or get a better understanding of things.
Youtube, if used for educational purposes, is a wealth of knowledge.
If just purely for entertainment and just about online influencers and watching other peoples' lives, then it just increases entertainment and consumption.
Anyway, here's a 30 minute clip on how the economics machine works, debt, money, lending and cycles. It's pretty good. I usually don't like long clips but, well... this guy is Ray Dalio, so I decided to watch it.
Cos... If you didn't know... Ray Dalio...
"Dalio is the founder of investment firm Bridgewater Associates, one of the world's largest hedge funds. Bloomberg ranked him as the world's 58th wealthiest person in June 2019."
Anyway, have a watch when you have time, I think it's good knowledge of how credit, money...