Not exact matches
This can soon become a vicious
cycle where you get your paycheck and use it to pay interest on your
debt.
[16:00] Pain + reflection = progress [16:30] Creating a meritocracy to draw the best out of everybody [18:30] How to raise your probability of being right [18:50] Why we are conditioned to need to be right [19:30] The neuroscience factor [19:50] The habitual and environmental factor [20:20] How to get to the other side [21:20] Great collective decision - making [21:50] The 5 things you need to be successful [21:55] Create audacious goals [22:15] Why you need problems [22:25] Diagnose the problems to determine the root causes [22:50] Determine the design for what you will do about the root causes [23:00] Decide to work with people who are strong
where you are weak [23:15] Push through to results [23:20] The loop of success [24:15] Ray's new instinctual approach to failure [24:40] Tony's ritual after every event [25:30] The review that changed Ray's outlook on leadership [27:30] Creating new policies based on fairness and truth [28:00] What people are missing about Ray's culture [29:30] Creating meaningful work and meaningful relationships [30:15] The importance of radical honesty [30:50] Thoughtful disagreement [32:10] Why it was the relationships that changed Ray's life [33:10] Ray's biggest weakness and how he overcame it [34:30] The jungle metaphor [36:00] The dot collector — deciding what to listen to [40:15] The wanting of meritocratic decision - making [41:40] How to see bubbles and busts [42:40] Productivity [43:00] Where we are in the cycle [43:40] What the Fed will do [44:05] We are late in the long - term debt cycle [44:30] Long - term debt is going to be squeezing us [45:00] We have 2 economies [45:30] This year is very similar to 1937 [46:10] The top tenth of the top 1 % of wealth = bottom 90 % combined [46:25] How this creates populism [47:00] The economy for the bottom 60 % isn't growing [48:20] If you look at averages, the country is in a bind [49:10] What are the overarching principles that bind us toge
where you are weak [23:15] Push through to results [23:20] The loop of success [24:15] Ray's new instinctual approach to failure [24:40] Tony's ritual after every event [25:30] The review that changed Ray's outlook on leadership [27:30] Creating new policies based on fairness and truth [28:00] What people are missing about Ray's culture [29:30] Creating meaningful work and meaningful relationships [30:15] The importance of radical honesty [30:50] Thoughtful disagreement [32:10] Why it was the relationships that changed Ray's life [33:10] Ray's biggest weakness and how he overcame it [34:30] The jungle metaphor [36:00] The dot collector — deciding what to listen to [40:15] The wanting of meritocratic decision - making [41:40] How to see bubbles and busts [42:40] Productivity [43:00]
Where we are in the cycle [43:40] What the Fed will do [44:05] We are late in the long - term debt cycle [44:30] Long - term debt is going to be squeezing us [45:00] We have 2 economies [45:30] This year is very similar to 1937 [46:10] The top tenth of the top 1 % of wealth = bottom 90 % combined [46:25] How this creates populism [47:00] The economy for the bottom 60 % isn't growing [48:20] If you look at averages, the country is in a bind [49:10] What are the overarching principles that bind us toge
Where we are in the
cycle [43:40] What the Fed will do [44:05] We are late in the long - term
debt cycle [44:30] Long - term
debt is going to be squeezing us [45:00] We have 2 economies [45:30] This year is very similar to 1937 [46:10] The top tenth of the top 1 % of wealth = bottom 90 % combined [46:25] How this creates populism [47:00] The economy for the bottom 60 % isn't growing [48:20] If you look at averages, the country is in a bind [49:10] What are the overarching principles that bind us together?
if they can find Banks willing to take a «long «position that will allow them to have a non-expanding
debt load and interest only payments on a loan, they might be able to withstand the low price
cycle until opec led by Saudi Arabia can get world producers to curtail production and elevate prices to a point
where all producers are making some money.
Kick the tires, look around, analyze the psychology to see if you can find a self - reinforcing
cycle of
debt that is forcing the prices of a group of assets above
where they would normally be priced without such favorable terms.
«The big problem, even with small loans of $ 5,000 to $ 10,000, is that it creates a
cycle where you're continually chipping away at
debt through the year until it's paid off just in time for the next RRSP season,» he says.
And this can land you in a sticky situation
where you might have to default on the loan, trapping yourself in a
debt cycle that can be difficult to break.
This leads to a vicious
cycle of
debt where the person is borrowing money from other sources to be able to pay back the payday loan on time.
This is the point
where people get into the formidable
debt cycle.
This
cycle, unfortunately, leads people into financial situations
where they aren't able to pay off their
debt, and, this results in negative repercussions on your credit.
If you want to avoid getting caught in the vicious
cycle of credit card
debt and still want to enjoy the convenience and flexibility of a credit card, you can consider the option of a line of credit
where you can use your 100 % credit limit without the hassles of a credit card.
This
cycle will turn when the cash flow yield of assets reaches levels people can make money on in the worst environments;
where equity funds new projects with no
debt, and the profit is obvious.
This means rolling the
debt into another loan with more interest and fees and gets you caught in a vicious
cycle where your loan just keeps getting bigger and bigger.