Billionaire Jeffrey Gundlach Speaks about Skills in our Economy and the Future
Los Angeles, CA September 20, 2021, BeachCoders® Academy founder James DeCicco tunes in on billionaire Jeffrey Gundlach’s comments on skills in today’s economy and the future as he sees it from a sustainability perspective. It includes workable skills like coding and other trades plus a hedge in some Bitcoin. Listen to the excerpt and check out the whole conversation.
[00:00] Jeffrey Gundlach ID/Intro
[01:50] Where do you see us today and how did we get here?
[02:00] Ben Bernanke
[03:30] How much the federal government is REALLY spending
[04:45] Inflation/ PPI – Producer Price Index
[06:00] K-shaped inflation
[07:30] Money printing and food shortages
[09:00] Government programs for above median household incomes
[10:55] US Dollar as reserve currency/ Value of the dollar
[11:30] Budget deficit in 2021
[13:00] Chinese currency and US Treasury bonds
[14:35] Gundlach’s asset allocation
[16:00] US Stocks are overvalued
[18:30] US Market is no longer outperforming other markets
[19:50] Foreign stocks
[21:15] US Tax code overhaul
[22:50] Farmland and asset allocation changes
[23:55] You protect yourself through ACTION.
[26:45] Corporate tax rates and competition
[27:45] Volatility in upcoming years
[28:30] The means of production and property relations
[30:45] The Fourth Turning by Neil Howe
[31:40] Election predictions
[32:45] Stimulus programs, UBI, and wealth tax
[34:10] Technology and the wealth gap
[36:30] Self-driving vehicles are an unemployment problem
[33:10] Futuristic developments in food
[37:20] Virtuous cycle of life
[37:50] Evolving our educational system
[40:00] The money should follow the student
[41:20] Equal educational opportunities
[42:25] The future is better than the present.
[43:30] Sign off
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About BeachCoders® Academy: Beachcoders® Academy is an industry leader for in-person and live-online web development and user experience training. Their student-facing ‘hospitality’ instructional model has set them above and apart from others in the ‘coding-boot camp industry and has empowered students from all walks of life and age groups skilling up into better professional lives has grads working at Google, Space-X, Snap-Chat, and Legal Zoom. The Los Angeles, CA-based school opened in 2015 and is privately held. For more information visit https://www.Beachcoders.com/
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