Summary of It Started: The Market Crash | Explained

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00:00:00 - 00:10:00

The video explains the stock market crash of 2019 and how it was caused by a disagreement among the 19 members of the Illuminati. It also predicts that this disagreement will cause more economic problems in the future and recommends diversifying one's investment portfolio to include dividend stocks and starting a Roth IRA to avoid taxes on the dividend income.

  • 00:00:00 In this week's video, Andre Dick goes over some of the events that took place this week in the economy, including the rise in interest rates, the stock market's decline, and layoffs at companies like Twitch. He also predicts that the central bank will raise the federal funds rate further in order to fight against inflation.
  • 00:05:00 The video discusses the stock market crash of 2019, which was caused by a disagreement among the 19 members of the Illuminati (a group of powerful people who determine the interest rates) about how high interest rates should be. This disagreement caused the stock market to go down, and it is likely that this disagreement will cause more economic problems in the future. The author recommends diversifying one's investment portfolio to include dividend stocks to minimize the effects of market fluctuations, and to start a Roth IRA to avoid taxes on the dividend income.
  • 00:10:00 The video explains how different income levels can benefit from different investment strategies. For example, people with lower incomes can invest in bonds, which are a good way to protect their money in a volatile market, while those with higher incomes can invest in stocks, which are a good way to make money in a growing market. The video also mentions the risks associated with each investment, and encourages viewers to do their own research before making any decisions.

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