Don’t Eat the Rich - Derek Bullen #5526

<p><strong>Summary:</strong><br /> Derek Bullen’s In Defence of Wealth emphasizes the implications of an economy without wealthy individuals. In the absence of kingdoms, becoming rich in America is a more equal opportunity game, yielding a new list of wealthiest people with every generation. Modern wealth extends beyond merely inheriting money, and greatly contributes to the functioning of the economy; truthfully, societies would not be the same without it. Tune in for more insight.</p> <p><strong>Highlights:</strong><br /> -‘Rich’ is a fleeting concept; 70% of the billionaires and 80% of the millionaires in America today made their money from scratch, within their own lifetime<br /> -Every generation has a new list of wealthy people, or a new set. It is difficult to inherit this wealth<br /> -Certain businesses that were promising for a long time still have the potential to fail (i.e. Blockbuster)<br /> -In order to generate wealth, you have to create something that has a purpose and will not be easily surpassed/replaced<br /> -Many people have left the energy sector<br /> -We need to ask why we’re still buying oil products from countries that enact major human rights violations<br /> -We’re using resources for fuel rather than food/agriculture<br /> -Capitalism helps to bring people out of poverty; free trade allows for money to move more freely</p> <p><strong>Useful Links:</strong><br /> <a href="https://www.financialsurvivalnetwork.com" target="_blank" rel="noopener">Financial Survival Network</a><br /> <a href="https://www.bullenbooks.com/" target="_blank" rel= "noopener">Derek Bullen</a><br /> <a href= "https://www.amazon.com/Defence-Wealth-Modest-Rebuttal-Society/dp/1988025702" target="_blank" rel="noopener">In Defence of Wealth</a></p>