Paradise Lost Financial aColorfulCaucasian
-
- Business
In-depth analyses on the Financial Markets, Personal Finance & Economics
The time and effort put into each episode is a reflection of listener support & feedback. As a listener, all you have to do is show up and provide me with feedback. If you are able to and you enjoy this content, consider making single donation via Anchor.FM, or by becoming a Patron for $5 per month for additional research & analysis.
Thanks for your support and reach out via paradiselostfinancial@gmail.com
Support this podcast: https://podcasters.spotify.com/pod/show/paradiselostfinancial/support
-
Episode 13: Pain Now or Pain Later
Episode 13 of the Paradise Lost Financial podcast Pain Now or Pain Later
If you enjoy this content, please consider becoming a Patron for $5/month, or donating via Anchor.FM.
Thanks for your support!
Patreon: https://www.patreon.com/join/paradiselostfinancial
Youtube Link: https://youtu.be/YQwRGjO64Io
Articles & References from this episode:
Mention of Inflation up 800% on Corporate Earnings Calls: https://finance.yahoo.com/news/warren-buffett-is-right-inflation-is-running-rampant-105340040.html
Bailing out Airlines (again) with Taxpayer Money:
Article Title: After Mismanaging Their Companies With Stock Buybacks And Lucrative CEO Pay Packages, Airlines Demand Another $25 Billion From Taxpayers
Link: https://www.forbes.com/sites/jackkelly/2020/10/12/after-mismanaging-their-companies-with-stock-buybacks-and-lucrative-ceo-pay-packages-airlines-demand-another-25-billion-from-taxpayers/?sh=7902f89a2358
$36 Billion Wasted on Unemployment since CARES Act (as of January.. higher now): https://www.cnbc.com/2021/01/05/scammers-have-taken-36-billion-in-fraudulent-unemployment-payments-.html
70% of Unemployment Claims were Fraudulent in April: https://www.sevendaysvt.com/OffMessage/archives/2021/04/26/unemployment-insurance-fraud-is-the-latest-epidemic
---
Support this podcast: https://podcasters.spotify.com/pod/show/paradiselostfinancial/support -
Unintended Consequences
Link to Youtube video: https://www.youtube.com/watch?v=krK9gxQnA-8
Reviewing new taxes being proposed, and potential economic/social consequences of these policies.
Consider supporting the Paradise Lost Financial channel: https://www.patreon.com/paradiselostfinancial?fan_landing=true
Articles & References Mentioned in the Video:
Elizabeth Warren fuels class warfare with new wealth redistribution ideas: https://www.msn.com/en-us/news/politics/elizabeth-warren-fuels-class-warfare-with-new-wealth-redistribution-ideas/ar-BB1eMxfb?li=BBnb7Kz
Warren Buffett and Bill Gates agree that the rich should pay higher taxes https://www.cnbc.com/2019/02/25/warren-buffett-and-bill-gates-the-rich-should-pay-higher-taxes.html
The Income Tax in 1913: A Way to ‘Soak the Rich’: https://www.pbs.org/newshour/economy/the-income-tax-in-1913-a-way-to-soak-the-rich
Five staffers let go over marijuana use, White House says: https://www.nbcnews.com/politics/white-house/five-staffers-fired-over-marijuana-use-white-house-says-n1261578
Top 10% of Earners Pay Over 70% of Income Taxes: https://www.ntu.org/foundation/tax-page/who-pays-income-taxes
Millions of illegal immigrants set to get $4.38 billion in Biden COVID cash: https://www.msn.com/en-us/news/us/millions-of-illegal-immigrants-set-to-get-4-38-billion-in-biden-covid-cash/ar-BB1ePU08?li=BBnbcA1&srcref=rss
A By-the-Mile Tax on Driving Gains Steam as a Way to Fund U.S. Roads: https://www.msn.com/en-us/news/us/millions-of-illegal-immigrants-set-to-get-4-38-billion-in-biden-covid-cash/ar-BB1ePU08?li=BBnbcA1&srcref=rss
Source for the Dollar Value Illustration: https://howmuch.net/articles/rise-and-fall-dollar
By HowMuch.net, a financial literacy website
---
Support this podcast: https://podcasters.spotify.com/pod/show/paradiselostfinancial/support -
An Economic Time Bomb
Here's the link to the Youtube video: https://www.youtube.com/watch?v=n2mFygMq-YA
Please consider supporting the Paradise Lost Financial channel: https://www.patreon.com/paradiselostfinancial?fan_landing=true
Articles/References Mentioned during the Video:
Wall Street Journal article on "What's New in the Third Covid 19 Stimulus Bill": https://www.wsj.com/articles/whats-new-in-the-third-covid-19-stimulus-bill-11615285802
US National Debt Tops $28 Trillion for the 1st Time [$224,000 per taxpayer and $85,000 per citizen (even newborn American infants)]: https://bnonews.com/index.php/2021/03/u-s-national-debt-tops-28-trillion-for-the-1st-time/
US DebtClock: https://usdebtclock.org/
---
Support this podcast: https://podcasters.spotify.com/pod/show/paradiselostfinancial/support -
Episode 12: Our Economy is a Dead Man Walking
We are witnessing a fundamental structural change of how the financial & savings system works... my advice would be for Americans to get prepared.
Please consider becoming a patron for as little as $5 per month for additional research & content, or if you want to support the channel consider a one-time donation through Anchor. Thanks for your support, it keeps me going!
Patreon Link: https://www.patreon.com/paradiselostfinancial?fan_landing=true
Additional Links & Resources:
Bureau of Economic Analysis News Release on Rise in Personal Income: https://www.scribd.com/document/477497451/State-of-Personal-Income-2nd-Q-2020#from_embed
CBS News Article on Unemployment Benefits paying more than people's jobs: https://www.cbsnews.com/news/low-wage-workers-unemployment-cares-act-earn-more-income/
DISCLAIMER: nothing on this channel should be construed as financial advice. I am not a financial advisor and you should always do your own research
---
Support this podcast: https://podcasters.spotify.com/pod/show/paradiselostfinancial/support -
Episode 11: WallStreetBets vs. Robinhood et al.
WallStreetBets driving up prices of Gamestop, AMC, BlackBerry, Nokia, and more, intentionally targeting some of these stocks due to outspoken short-selling firms.
Robinhood (and some other brokerages) have come under fire for restricting trades (or outright closing some of their user's positions, allegedly) and potentially even conspiring with hedge funds such as Citadel to allow for damage control at the expense of the retail trader.
We're beginning to see class action lawsuits against Robinhood, members of Congress demanding a DOJ investigation, and billionaires stating that this situation is "dangerous for the markets".
Many Robinhood traders & the WallStreetBets folks are saying they will close out their Robinhood accounts and #DeleteRobinhood is now trending.
*Note that I should have said 76% of users say they will stop using Robinhood (I mistakenly said 76 people... sorry I'm tired lol) and it looks like hedge funds have lost roughly $5 billion, not $70 billion (I was thinking of Twitter & Facebook losing $70 billion in market cap after they shut down conservative accounts... separate topic) - that's still $5 million millions, so $5B is nothing to sneeze at!
DISCLAIMER: As always, nothing on the podcast or channel should be construed as financial advise, always do your own research and never invest unless you can afford to lose it all.
---
Support this podcast: https://podcasters.spotify.com/pod/show/paradiselostfinancial/support -
Episode 10: Late Cycle Bull Market - Buyer Beware
Consider becoming a patron for $5 per month to support the channel and access additional research, infographics and other content: https://www.patreon.com/paradiselostfinancial
Articles on Actionable Intelligence:
Mind Blowing Valuations - Tesla, AirBnB, DoorDash (12/20/2020)
https://actionableintelligencealert.com/mind-blowing-valuations-tesla-airbnb-doordash/
Commodities & Market Rotation into Value (12/29/2020)
https://actionableintelligencealert.com/commodities-market-rotation-into-value/
DISCLAIMER: None of this content should be construed as financial advice, I'm not a financial advisor of any sort and you should always do your own due diligence. Never invest if you cannot financially afford to lose your investment.
---
Support this podcast: https://podcasters.spotify.com/pod/show/paradiselostfinancial/support