Episode 306: How to Turn Financial Turmoil into Your Opportunity

Not Your Average Financial Podcast™

In this episode, we ask:

• Would you like to watch selected clips from us on YouTube?
• What is happening with the banks and the FDIC?
• What about non-bank banks?
• How much uninsured assets are held in these non-bank banks?
• Have you read David Graeber’s book, Debt: The First 5000 Years?
• How much wealth has debt created?
• Who is positioned to profit?
• Who is gobbling up the little banks?
• What is the exact issue?
• What about fractional reserve banking?
• Are we encouraged to speculate?
• Who is ready to opt out of this madness?
• What is the business of banking?
• What is the business of life insurance companies?
• How are the time horizons different?
• How are the reserves on hand different?
• What is the worst thing to happen to a banker?
• What is the best thing to happen to an insurer?
• Are you a year older?
• Will you take that deal?
• What are the insurers obligated to do?
• Where will you park your savings?
• What is contributing to the problem?
• What if fractional reserve banking evaporated?
• What would make the financial system more stable?
• What about private lending?
• What about dreaming of what the world could look like?
• What could reduce stress?
• What about the mortgage industry?
• What would lead to more responsible lending practices?
• Who needs an auto loan anyway?
• What other benefits could surface?
• Who is opting out?
• How do Bank on Yourself® type whole life insurance policies reduce stress?
• What about an example?
• What about overdraft fees?
• What about bridge loans?
• Do you have to wait?
• Can you choose to opt out?
• Would you like to meet with Mark to discuss your specific situation?