Jason discusses actual property investing and critiques the World Financial institution. He argues that the U.S. greenback’s standing because the world’s reserve forex and the World Financial institution’s lending practices profit rich nations on the expense of poorer nations. He emphasizes the significance of debt protection ratios for actual property traders and highlights the advantages of attending his “Empowered Investor Stay” convention. He additionally features a comparability of two funding properties, one in Denver and one in Nashville, illustrating the significance of thorough monetary evaluation.
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Then Jason talks to his driver Sam on the way in which to the Airport going to Vietnam as they focus on their go to to Cambodia, together with seeing Angkor Wat and different temples. Sam talks in regards to the native economic system, noting that rural farmers wrestle to make a residing, main many to maneuver to cities for jobs in tourism, banking, and factories. The training system presents free public education by means of college. Authorities jobs are fascinating on account of good pensions. Inflation isn’t a serious concern, aside from meals costs. Sam additionally touches on the nation’s troubled historical past with the Khmer Rouge and the destruction of temples. In addition they focus on international funding, significantly from China, and native beliefs in regards to the development of Angkor Wat utilizing elephants and bamboo rafts.
Key Takeaways:
Jason’s editorial
1:25 Welcome from Taipei and Jason’s journey plans
3:35 Michael Hudson: American vs. African and Third world debt
10:07 Good property vs. Dangerous property
18:36 Empowered Investor LIVE! Save the date https://empoweredinvestor.com/
Jason in Cambodia
20:35 Driving Jason and the Cambodian economic system
22:18 Schooling, authorities jobs and Inflation
25:25 Dangerous historical past: Khmer Rouge
27:13 Investments in Cambodia
29:50 Aliens and the Superb Angkor Wat
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