The Importance of Personal Wealth: Coffee, Kel and RamRod Discuss the Value of Ownership: TidePodcast Episode 88


17 thoughts on “The Importance of Personal Wealth: Coffee, Kel and RamRod Discuss the Value of Ownership: TidePodcast Episode 88

  1. Hi 007. Been busy ,but finally got to listen to this. A couple of thoughts. 1)you need to study the causes of the Great Depression. Basically it was due to banks loaning money they didn’t have . Greed. Corruption. People lost everything. 2) what has changed is easy credit became an acceptable thing where it used to be disgraceful to be in debt . But the consumer product based economy requires many customers to buy things they can’t afford . 3)it’s hard to change jobs in your 50s. Men are tired and want to retire but instead they’re competing with 20 year olds for low paying jobs if they leave or get fired from the place they’ve worked for 30 years. It’s scary . Happy 4th! 🇺🇸

    1. bottomlesscoffee007

      My message with this podcast was to do what you can while you can to insulate yourself from bumps along the road. I would think that catastrophes like the Great Depression would cement the idea that the banks and the government don’t care about us, so we must do everything we can to care for ourselves and our families. To quit putting our faith in the hands of the banks and the government.

      1. Absolutely. But I feel like the working class that’s just surviving, basically the largest class now , they are becoming scarily dependent. The low skilled workers. Service jobs are the fastest growing type of jobs. Who can live on $10 hour?

        1. bottomlesscoffee007

          In times like this, families need to stick together to support one another. This is all by design PK, to force dependence. Cable TV, cell phones, practically everything in life now costs a premium. How did we get here is my question?

          On one hand, I think it’s complacency, on the other, I think it began with social security and the government. Once people figured out that they can simply rot away and collect welfare or social security, the gap grew even more.

          Retirement homes became a thing, families were no longer living together and supporting their elders.

          Honestly PK, we can look far and wide, and there are plenty of catalysts out there. But at the end of the day, if we as individuals aren’t doing our part to protect and provide for our families, then we are simply giving up and giving into what is easy and what is convenient.

          1. All true but there have also been economic changes that disproportionately affect the lower classes. Moving from an industrial to a tech and service economy has eliminated many good paying jobs . As for mobility , moving is very expensive. And so is housing. I predict a huge increase in people living in cars and campgrounds, especially the young and elderly.

            1. bottomlesscoffee007

              Never underestimate my lack of knowledge and experience PK. Like I said, I could be completely wrong.

                1. bottomlesscoffee007

                  I would love to do a podcast with you PK, hear your insight and your experiences. I have Skype, my handle is BC007.

                  I quit Facebook a few years ago. I tried to set up fake accounts to promote my blog and podcast, but they would only last a week or two before Facebook would shut it down.

                    1. bottomlesscoffee007

                      That would be incredible PK, I really look forward to that day. If you can tell from the TidePodcasts you’ve listened to already, its always an amicable and friendly conversation, never a gotcha or a set-up.

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