Hey everybody I'm Sam and this is Entiversal
and today we're talking about why I
believe there is a great great
opportunity in China right now and
probably for the future for a very very
long time so there's been so much
talking in the media news about your
China communist country regulation
obviously now the trade Wars a slowing
economy and you know all of these disto
but I want to talk on all of these
things I'll touch from them I'll comment
on them but also want to look at the
fundamental numbers because you know
opinions say news they could be a look
at one perspective or another
perspective but numbers don't lie so
first let me start with is China a
communist country and what will a
communist country means
so obviously communist countries like
the socialism so there is much more
power into the state ancient state
controls all the companies and you know
how the people live in that country
there is no freedom there is no free
flow of data and information and also
businesses cannot basically compete and
do a lot of the stuff that's the way in
capitalism right so China it is food
that the Communist Party is ruling in
China and they've been in power since
what 1950s but while ideologically and
in theory their Socialist Party right
but if we actually look into the
politics and how they're ruling the
country we can see a lot of capitalism
stuff actually the private businesses
are contributing much more to the GDP
than state-owned business we can see
that they are encouraging you know
competition inside the country they are
encouraging a lot of all sorts fade and
good communication relationship with
their countries that are around them so
we can see that they're quite open
obvious you can travel to China right
they want to invest a lot in Africa you
basically all around the world so we can
see that they are not really I wouldn't
say they're communists I wouldn't even
say that they're socialists in the way
that we want to understand it all the
when that marks you know described it so
I think they actually ruling the country
much like a very very big conglomerate
company and while obviously there is a
lot of regulation you know the
government has quite big effect and
power over certain businesses they try
to encourage them and to help them we
know that you know they are blocking
some information right we know that they
are not welcoming all kinds of companies
into China right they're blocking of
Facebook does not work in China does not
work in China Google does not work in
China and so on but as we see that's
mainly on the energy side and on the
technological side and it's kind of the
same with us because if US was you know
on the spot of China I doubt that you
know they would let other companies form
you know another country to be the
biggest inside us and I cannot comment
on politics and you know what's right or
wrong but what happens is that they're
supporting give a lot of leverage to
Chinese companies and especially Chinese
technological companies like the video
that they put out about the top five
best stocks and companies in China that
I like is because they support them and
you know obviously like white Tencent is
so big right
why by doing so big they don't let
Facebook in they don't let Google win
and so on from the company's point of
view this is good for them so with that
out of the way you know we talked about
communism and regulation I want to get
into the numbers of the slowing economy
and it is when we see the China GDP
growth and GDP is basically how much the
economic growth in its being slowing we
see but we can also see that the numbers
are crazy like in 2010 they grew 10% 10%
this is the
second biggest economy in the world
after us it's also the second biggest
kind of markets in the world so you know
they are already the second biggest in
the growing at such rates this is this
ridiculous and we can you know compare
that to us and we can see that the
growth in us have nothing on them right
so for example you know this last year
2017 the China economic grew 6.8% vs the
United States economy 2.2 percent that
is what almost triple the amount the
economy in China is growing three times
faster than us obviously more they grow
the slower they they'll start growing
but they're still growing much faster to
us even when comparing how big their
economy is so you know the argument
about following link economy I just
don't believe it it would make sense if
the stock market was pricing this road
fight so if the stock market was three
times more expensive in China than in
u.s. I would say okay yes we have a
problem because you know the stock
market price is pricing in three times
faster growth but when we look at the
numbers of the stock market things look
quiet differently so we can look at this
is the SA P 500 index a quote from
Bloomberg about the pricing of the ASAP
digit of you know kind of 500 biggest
companies in US and represents the US
stock market so we can see that the
trading P is 20 point six seven let's
look at the Shanghai Composite Index
which is basically tracking the Chinese
biggest companies and it's
representative of the Chinese stock
market we can see P of twelve point nine
let me just say that again twenty point
six seven
compared to twelve point eight nine
obviously the price of Chinese companies
compared to how much money they make
is drastically lower which means that
maybe they're undervalued let's then go
and look at the EPS how much on average
Chinese company make per year and that's
207 and we compare that with sa piece
137 at the same time by the way ACP is
higher than the Shanghai Shanghai index
sapa said 2,850 while the Shanghai index
is at 2668 then let's look at the price
to book this is basically what the
market cap of the companies compared to
how much assets they have in a very
broadly speaking for the Chinese market
this is one point 4 or 4s AP for the
American companies as three point four
which means that again American
companies much more expensive is the
same with price sales and we can see it
America price sales of 2.2 against the
Chinese price sales of one point zero
seven let's look at the dividend okay
maybe American companies give more
dividend well we can look at this that
the dividend of Chinese companies is
0.37 or for American companies is 0.23
so even the dividend is lower so
obviously something is not right in we
know we can see that especially the big
Chinese companies are going much faster
than their American counterparts right
like Baidu grows faster than Google like
Alibaba grows faster than Amazon we can
see the valuation so you know by the
numbers we can say that the Chinese
stock market is dramatically less
expensive than the American one and we
can say that obvious American companies
are around the world there is much more
stability you know there is much less
interference from the government and
this is true by
we also said that China wants their
companies to grow and need to want their
companies to be global - which means
that it will do the best to protect them
and also support them now what we can
see though if we look at the Shanghai
index over the years we can see here in
2007 when the economic crisis
I know popped obviously drop drastically
lower then kind of drifting then again
in 2015 there was again stock market
bubble popped and in its down but since
then we can see that you know it has
gone up and now it's again down but we
know that China's GDP has been growing
steadily in all of those years which
means that even though that the moment
the stock market is around where it was
what in 2008 in 2007 the GDP of China is
much bigger all their relationships are
much bigger
how strong their economy and central
bank and overall government it's much
more stable it has much bigger impact on
the overall global trade and economy as
you know ten years ago which means that
probably now it's much cheaper than what
it was and some might say oh you know
it's you under violet we saw though that
by the numbers first of all China is
going much faster than us even though
that it's lower is to three times faster
Kim and the economy is starting to get
very very big it's the second biggest
they wrote is too ridiculously faster
than us at the same time we saw that by
the numbers the stock market is cheaper
so when those two things intersect I
believe we have an amazing opportunity
and I believe that China's stocks
overall at the moment are greatly
undervalued compared to us in even
compared to other markets we can also
see that when the bubble happens in two
fifteen we can see the P ratio going
higher to 25 we saw that at the moment
the P ratio of the Shanghai Composite
Index is twelve point nine which means
that it's almost half of what was in the
bubble so the stock market is two times
cheaper than what it was in the bubble
which means that it's probably not a
bubble now so what I'm saying is why the
stock market has been decreasing in the
last 7 months all of this has been
because of the trade wars and even we
see that the trade walls maybe they have
some kind of very very weak impact on
the China economy but we see that it's
very weak because China now it's so big
that you know it has a lot of leverage
they can sauce different stuff from you
know different places so in my point of
view they are in a very very also strong
position now I cannot judge each u.s.
winning is China winning that's not
feeling my concern because I want them
both to win but the fact is that while
the S&P has been going up and up and up
the Shanghai index has been going down
down down in the same time though we see
that the GDP is not really that affected
we see that the companies themselves
post amazing numbers we can see the vote
is just ridiculous when there is
continuing road where there is already
lower valuations even from before that
and compounding that with decreasing
prices I see a very good under valuation
and you know probably a very good buying
opportunity what I belief is that this
decline has been based on fear it's not
on fundamentals right we don't actually
see the economy slowing we don't see
that cracking but there is a fear that
that might happen
well when others are fearful you need to
be greedy right that's what Warren
Buffett says you might say oh yeah but
the trade was you know
we don't see them being resolved we
don't know what will happen that is for
but what Warren Buffett always says is
that you shouldn't try to time the
market
nobody can time the market right so if
you see something that's undervalued or
it's very good and it's fair valued
better buy it now right if it goes down
lower and the fundamentals are the same
you can cost average and buy one more
thank you for listening please comment
what are your thoughts if I'm missing on
something I would love to hear about
that and also consider checking out my
patreon page which is on page hundred
comm /nt versa where you can find a lot
of cool information you know stock
market investing a mindset technology
and you know you can also support the
channel so I can create more thank you
for listening
and see you next time
For more infomation >> Investing In China. Why It Is a Good Idea? Stock Market Valuation By The Numbers! - Duration: 14:22.-------------------------------------------
Vitamin C: Why is it so important for your life? - Duration: 4:18.
Also known as ascorbic acid, Vitamin C is a low molecular weight
carbohydrate that has aene-diol structure and is soluble in water.
Except for guinea pigs, birds, fish, certain species of bat and higher order
primates such as humans, apes and monkeys it can be synthesized by all species.
This is why all these species depend on their diet to intake Vitamin C.
Since the ancient times people have known to include
Vitamin C is widely used as a dietary supplement.
It is an important nutrient that is required in production of
some neurotransmitters and repair of tissues in human body.
Several enzymes in human body function with the help of Vitamin
C and human immune system also requires this nutrient.
Bell peppers, all cutrus fruits, brusells,
strawberries and broccoli are rich in Vitamin C.
Sudies have already confirmed that Vitamin C is beneficial for the cancer patients.
This nutrient has so many good effects that medical science
hasn't stopped researching further aboutits benefits.
It has an enormous potential as an antioxidant and has the capacity of both
preventing and in several cases reversing the host of illnesses in humans.
It also helps in enhancing the benefits of exercises and lowering
the impact of harmful toxins such as smoke from smoking cigarettes.
It blocks the harmful DNA degradation which
is the cause of cancer and also prevents the
disease of the artery known as atherosclerosis
where there is plaque build-up in the arteries.
Medical science discovers something more about the benefits of Vitamin C everyday
and as they unveil more about its goodness its importance also increases.
Vitamic C acts as a redundant which means that it donates an electron to a substrate
when it is being oxidized to aascorbyl radical wich is a stable free radical.
2 molecules of ascorbyl free radical dismutates to 1
molecule of dehydroascorbicacid and 1 molecule of ascorbate.
These are the oxidized and reduced forms of Vitamin C respectively.
In order to hold Vitamin C in human body there
is are certain retaining mechanisms in place.
SVCT1 (sodium-dependent vitamin C transporter) and SVCT2
control the tissue specific transport of Vitamin C.
The nutrient is present in its highest
concentration in the adrenal gland, brain and eye.
The main role of Vitamic C is when it is in its reduced form known as
ascorbate which then takes over enzymatic and non-enzymatic functions.
Ascorbate is an an electron donor to different enzymes.
Many recent studies also show that Vitamin C
has an important role in vascular function.
It modulates the endothelial cell barrier and
regulates the activity of NADPH (Nicotinamide
adenine dinucleotide phosphate) oxidases which
partakes in the inflammatory gene response.
Besides being responsible for enzymatic roles ascorbate is also an antioxidant
that can reduce many free reactive oxygen species and free radicals.
Vitamin C also has the abiity to regenerate Vitamin E which
lets Vitamin C prevent lipid peroxidation indirectly.
In the process of lipid peroxidation the free radicals steal electrons
from the lipids presentin the cell membranes which then cause cell damage.
In its process of being an antioxidant it also reduces the
gluthathione and urate radicals in the extracellular fluids and cells.
The astonishing health benefits that Vitamin C has in store makes
it one of the most important nutirents that is known to man.
-------------------------------------------
sharp objects | nothing's ever your fault... is it? - Duration: 2:45.
For more infomation >> sharp objects | nothing's ever your fault... is it? - Duration: 2:45. -------------------------------------------
What exactly is a terrarium & why would you need it? - Duration: 3:10.
For more infomation >> What exactly is a terrarium & why would you need it? - Duration: 3:10. -------------------------------------------
The UK's Position Is That Nigeria Cannot Be Trusted With Money, Says Queen's Counsel - Duration: 2:41.
Philip Hackett, a Queen's Counsel, has expressed the reservations of the United Kingdom, when it comes to returning looted funds to Nigeria.
Speaking on the theme: 'Institutionalising the War against Corruption – New Approaches to Assets Tracing and Recovery', at the Annual General Conference of the Nigerian Bar Association (NBA) in Abuja on Wednesday, Hackett said the issues with accounting for the funds also contributed to the UK's hesitation on returning looted funds.
He said: "How much money has been recovered? Practically nothing. Nigeria has recovered so little. "The UK's position is that Nigeria cannot be trusted with its money. That's what underpins it (poor asset return rate), and it has to be addressed.".
The session was chaired by Professor Bolaji Owasanoye, Executive Secretary, Presidential Advisory Committee Against Corruption (PACAC), and featured the presence of Ibrahim Magu, the acting Chairman of the Economic and Financial Crimes Commission (EFCC), who was represented by Chile Okoroma, EFCC's Director of Legal and Prosecution Department.
In his address, Magu lamented "poor record keeping system", noting that it is difficult to estimate how much has been looted from the country. He said: "It is difficult to estimate what Nigeria has lost because we have poor record keeping system.
"Lawyers have been involved in money laundering; laundering of proceeds of crime. When they were asked to register with the Special Control Unit against Money Laundering (SVUML) for regulation, they went to court.
NBA said it could regulate itself. But how far has NBA gone in regulating itself? That is the issue.
"I think the NBA Disciplinary Committee should be up and doing. I get embarrassed when NBA descends heavily on lawyers who are not considered to be significant, but they turn a blind eye to what big-time counsels are doing.
"I think they have to do their work without looking at faces, no matter whose ox is gored. That is the only way that we can have confidence and respect for the disciplinary committee.".
-------------------------------------------
「Nightcore」→ Did You Hear It? (Lyrics) - Duration: 3:03.
Nightcore - Did You Hear It? (subtitles in video)
-------------------------------------------
It is time to TELL YOU - Duration: 7:24.
Today I'm gonna share with you this future project that we're gonna be working on.
Hey good morning guys welcome back to the vlog.
Today Sether and I are gonna be heading over here to the campus of Freed-Hardeman University.
Seth's got something pretty cool he wants to show us.
Dad wants to show you guys a playground.
That's right.
You're thinking a playground?
On a university campus?
I know that sounds kind of strange but there is one here guys.
It's not for the university students necessarily.
It's for the younger kids that might come onto campus, children of the teachers, and
things like that.
We're cruising over there right now and I got some important information that I want
to tell you.
Haven't quite made it to the playground yet.
But one cool thing they have here guys that is this cool, a tire swing, Now we're heading
to the playground.
They got the cool slide, some things to climb on, some swings for the kiddos.
Can you take your feet down and flip over kinda?
Yeah like that cool.
Me try?
I'm to big.
No your not.
okay.
Pit my feet up in here?
Yeh.
Wow.
Let yourself hang.
Whoo, That made my face turn red.
Guys I've given you some clues about what this future project is that we're gonna be
working on.
I shared with you a couple of books that we ordered from Amazon.
One is about living off-grid and the other is about building your own house.
And some of you guys guessed it almost perfectly.
Yeah we're gonna be living off-grid and we're gonna be building our own house.
We bought seven acres of forest, off-grid forests, up in North Idaho.
Off-grid means, right, there's no electricity.
There's no running water.
There's no sewer system set up there.
Like no city, no city stuff right.
No telephone lines.
No cable lines.
Nothing like that.
And so we're gonna be living off-grid.
We're gonna have to provide all of that stuff for ourselves.
And so, we've got a lot of videos that we want to make for you guys, sharing this journey
right.
Sharing this process and sharing with you some of the things that we're having to learn.
And if we can share with you guys the information that we're learning now, that is going to
make the journey for somebody else even easier.
And so we want to be helpful.
Warpin into the evening know guys and check it out.
It's raining.
Did you put Cologne on?
No, I put the odorant on.
You smell clean.
Its fake clean.
It's not real clean.
That's just cover it up clean.
We're off to church right now guys.
Wednesday night Bible study.
Every Wednesday night we go to Bible study here.
In Indonesia it was every Thursday night, but here in America it's every Wednesday night.
Why is it different?
I'm not sure.
It's coming down good now.
Here it is guys.
Right here.
It's the Estes Church of Christ.
Just south of Henderson.
We will be cruising on in their is a second.
Already quite a few people in here.
And it stopped raining.
Okay look at that the pavement.
It is dry here.
Guys, it was just raining like maybe a hundred yards up the road and it was raining so we
got hurry and get in there.
I will see you guys when we get out.
All right, finished up at church guys.
Could I get a large chili-cheese tot please?
A medium my chocolate milkshake.
Just a shaken the tots.
Chilly tots please.
That'll do it please.
Thank you.
Thank you.
Nice.
Wow.
What did we got here.
Man Wow.
Large milkshake.
Hold it on the bottom.
Wow, this is a large tatertot?
In a huge bag?
What's in there.
Whoa.
Let's see what this is guys.
These are supposed to be chili cheese fries.
Well I tried to get out of the with one hand.
Come on out.
No not chili cheese fries, chili cheese tots and it's kind of heavy.
Whoa what's in there come on out of there.
Stuck.
Whoa.
Glorious.
Tater tots with cheese and chili.
Milkshakes, got a straw and a milkshake.
Let's get back in here where it's light.
There we go the vanilla milkshake from Sonic.
It's so hard to eat good some time guys.
But it tastes so good.
All right chili cheese tots guys.
I'm gonna try them.
Wow, they're good super good.
Probably really bad for you.
Hmm ma'am that's good.
Really good.
And go ahead and give the vanilla shake here a try.
It's got a lot of frosting on the top.
Not frosting.
What does that stuff call?
Whipped cream.
Whipped cream is good mmm-hmm.
Super thick.
Wow get me a spoon for this guy.
Hmm but good vanilla.
I know, there's a lot of other flavors out there.
These guys all got crazy flavors.
Set got peanut butter or something.
Anyway I just like plain old vanilla.
How do you like your sake?
I haven't eaten any yet.
Just the whipped cream.
Whipped creams good.
What flavor did you get?
I got strawberry.
I like the strawberry because it has real pieces of strawberry chunks.
That's cool.
Sether, what kind you get.
I got butter peanut butter.
Peanut butter milkshake?
How does it good taste?
Like we've been eating better cups.
No way.
Can I have a taste?
Okay.
Let's reach in here and give Sether's a try.
mm-hmm Wow.
That does taste like a Reese's Peanut Butter Cup or Reese's Pieces.
Pretty much the same.
Sarah what kind did you get?
Chocolate.
Is it good?
Does it go up the straw?
Yeah.
Really?
Mine was too thick.
If you haven't yet subscribe to the channel make sure you click my face right down there
and subscribe.
Make sure you click the bell as well so you get notified when we upload a new video or
go live.
We hope you guys have a really great day and keep smiling!
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JUST IN: Feds Release "Game Changing" Findings on Hillary Clinton – THIS IS IT - Duration: 13:11.
JUST IN: Feds Release "Game Changing" Findings on Hillary Clinton – THIS IS IT
Hillary Clinton is undoubtedly in full panic mode right now after the Justice Department's
Office of Inspector General (OIG) released a report about the highly questionable investigation
into her use of a personal email server during her time as Secretary of State.
Right Wing News reported that many expect the report to unleash serious consequences
for the conduct, highly questionable decisions, and lack of ethics displayed by senior-level
Justice Department and FBI officials during former President Barack Obama's regime.
"Given the tools available to the OIG and the credibility of Justice Department Inspector
General Michael Horowitz, the latest report could also uncover new and seriously damaging
information about Clinton's email practices, including her handling of classified information.
FBI Director James Comey (later fired by President Trump) criticized Clinton's handling of
emails in July 2016, while she was running for president against Donald Trump," wrote
Jason Chaffetz, the former chair of the United States House Committee on Oversight and Government
Reform.
Comey controversially said that no reasonable prosecutor would file charges against Clinton
for acting illegally, but he later changed his tune.
"Although we did not find clear evidence that Secretary Clinton or her colleagues intended
to violate laws governing the handling of classified information, there is evidence
that they were extremely careless in their handling of very sensitive, highly classified
information," Comey said.
This comes one week after Republican lawmakers sent a letter to Attorney General Jeff Sessions
on Wednesday recommending that Clinton and former FBI Director James Comey be hit with
criminal charges.
They also recommended that other Obama officials be charged as well, including former Attorney
General Loretta Lynch, former FBI Deputy Director Andrew McCabe, as well as FBI Special Agent
Peter Strzok and his lover, FBI lawyer Lisa Page.
"Because we believe that those in positions of high authority should be treated the same
as every other American, we want to be sure that the potential violations of law outlined
below are vetted appropriately," the letter stated.
"The report provides the following alarming specifics, among others: 'Mr. Strzok texts
Ms. Page to tell her that, in fact, senior officials had decided to water down the reference
to President Obama to 'another senior government official," the criminal referral said.
SHARE this story if you think Hillary Clinton should be LOCKED UP!
Facebook has greatly reduced the distribution of our stories in our readers' newsfeeds and
is instead promoting mainstream media sources.
When you share to your friends, however, you greatly help distribute our content.
Please take a moment and consider sharing this article with your friends
and family.
Thank you.
-------------------------------------------
OPEN THROAT Singing Method - How It Really Works - Ken Tamplin Vocal Academy - Duration: 27:48.
Hey, Guys! Welcome back again to Ken
Tamplin Vocal Academy where the proof
continues to be in the singing. I want to
talk about open throat technique and at
least my experience of what that is
compared to some of the videos that I've
seen on the internet and I've seen some
interesting stuff and some decent
information here and there but a lot of
it is really textbook stuff and it's not
really seen a practical application of
how open throat technique works. So the
very first thing I want to talk about is
laryngeal position, which means your
larynx. Okay, now your larynx for guys
your Adam's apple so you have this you
know voice box it kind of goes up and
down and you know that's the larynx it's
in there and one recent vocal coach you
know talks about a lowered laryngeal
position and neutral laryngeal position
a raised laryngeal position, and then
kind of compartmentalizes all of this
stuff and I want to say that it's not
quite that simple. And let me explain why
to have someone's, I don't want to use the
word bash, but to say, you know, you don't
want to have you know here's a lower
laryngeal position: AAAHHH here's a
neutral laryngeal position AAAHH! Here's a raised laryngeal
position AAAHH! Right. So we have these sort
of you know ways of looking at this
that's not really a good healthy way to
approach this and let me explain what my
experience has been in it this could be
help to you then hopefully this will
you'll benefit from this the first thing
is is that in Bel Canto the canto means
opera in a Porsche it's the old-school
style of singing for Barbara that's sort
of the gold standard to really
understand how these alluring tail
positions work to make fun of you know
tenors that have been doing this a long
time a couple hundred years and make
that you know mock them in that kind of
way for a laurel ranger position oh that
would be so good I don't know that I
would do that for lots of reasons and
explain why I been doing the grandpa's
been doing this a long time 35 years so
I've done that look me up on IMDB I've
got close to a thousand songs where you
get more maybe than a thousand songs
placed in film and TV Internet Movie
Database just check it out go to my wiki
you can check out I've got over 40
records out and I've written songs with
kiss and I've done this that than that
so you have these vocal coaches that
come out and they say this stuff that's
textbook stuff okay this is really
important and they may even at the end
of their video give you some theatrical
thing or whatever but listen to their
actual voice and ask yourself if you
really like it and see if they display
any students that do this and you really
like the way their students soundin
here's why that's important it took me a
long time to figure this stuff out this
wasn't something this has been in
processed and by the way as we age we
also have to learn how to control this
over time it's not like once you learn
it you learn it your diet
no you have to continue the process so
I've taken some very prestigious vocal
coaches and I'd love to tell you who
they all are any with some to
braggadocious so I'm not going to talk
about it but what I am gonna say is this
what I've learned and if this helps you
is that if we first trained with a lower
laryngeal position it really helps you
understand what open throat technique is
now is that the end all no but here's
something I want to put it put out there
to you guys is in the world of appoggio
Bel Canto Opera is that but we're in the
early stages of let's say a tenor and
I'm going to talk about guys and we
could talk about you know female vocal
Sopranos Altos contraltos up etc in a
minute is that a lower laryngeal
position helps us identify how to keep
the throat open first it doesn't mean
we're always going to reside in a Laura
laryngeal position in fact that's silly
in fact the I've heard so many vocal
coaches especially SLS vocal coaches say
you should always be in a neutral
position how stupid is that the larynx
moves up and down all the time it
doesn't
what you're doing and if you're at one
position in a scale in a lower register
and you start to go up to a Midway's
register that neutralizes and as you go
higher if you allow the laryngeal
position you go up like this you inhibit
range
anylock down on the lyrics to where
you're not able to go up really really
high and again guys and gals are
different their vocal cords are about
half the size of men so we have to I
can't go in all the details of this now
but I'm just talking about how open
throw it works now what I've learned and
I hope the feel benefit from this so
really listen closely guys this is
Bolden information if you're talking to
a guy that's toured for 30-some odd
years not some guy that sits behind a
piano in a climate-controlled
studio that's parroting something from a
textbook look me up look at the stuff
that I've done they'll explain this to
you when you train a lower laryngeal
position you're able to open up your
throat and you know what is it throat
and all this stuff and blah blah blah
your throat is your throat guys go in a
mirror doctor wants to see your tonsils
ah-ah-ah just look at the back here
throat we want the tongue drop to the
base of the jaw first okay we want the
back of this road and this other vocal
coach was kind of mocking the uvula
approach and soft palate approach but
that matters it matters a lot actually
and it matters even more the higher up
you go so that you Gila rises even
higher as you go and the soft palate
rises higher to go to create maximum
space if we don't do that we actually
pinch off and choke off the back of the
throat and then we're straining
ourselves to get to having a lot of good
open throat as we go out this is really
important so what is what I learned
again this is just me talking doing this
whatever you want this information in
the vowel and I'm gonna go through the
vowels all the vowels in a second the a
vowel is the biggest vowel that we have
and it's the most difficult to train
that's why all vowel sounds stem from
its lala i open up that vowel there's
something called vocal tract shaping and
hopefully I'll remember
get to this in a second is that in
within that about if we can train that
off I'll open first to keep all this
open mechanism in the back now what
you're gonna do is you're gonna go to a
mirror I want you to grab a handheld
mirror and I want you to just simply go
and I want you to watch the position of
your tongue and you're gonna see that
your tongue swells up and you start to
gag on your tongue right
what just trust me on this go to a
mirror or get a handheld mirror and
watch yourself do this if you drop the
larynx your voice box down
you're gonna find that you can maintain
and build muscle memory to hold the
larynx down this is really important
it's an anchor let me say this again
it's an anchor for your ability to
control the larynx okay so it's a pillar
that you build your voice on when we
talk about laryngeal positions just
because we talk about a lowered
laryngeal position doesn't mean we
always reside in a lower laryngeal
position okay let me say this again
we're going over Zeus in fact how many
insert something really funny for you
guys I have an assistant named Bob so
Bob when you can if you can insert I did
a couple of lower the original position
songs one of them is low rider okay and
we're going to show this clip in a
minute and another one is Johnny Cash
brings a fire and I use a lowered
laryngeal position through the whole
song okay but I can sing with any
position I want but I'm gonna get back
to why this is important in a second but
we're gonna play the clip Bob if you
play the clip now let's do it
right don't try to dance now
little trip to take a little
take a little trip take a little trip
take a little trip see
and low rider don't drive too fast now
so if you can tell this isn't just a
lower lense position this is a drop
learns position kinda like a gospel
quartet in country sort of combined I'm
gonna drop it even farther on this
course here readyit's keep going neck
here we go
I fell into a burning Ring of Fire
the flames of getting high and if
the ring of
okay so like I said you can see I
there's a difference between a lowered
larynx position a la la
very big difference one is just a
lowering of taking the farik's keeping
them flat horizontally straight and
taking your whole Eric and lowering it
so it's a la la is lowered and drop is
law completely taking the entire
Alaric's itself and dropping it all the
way to the floor
okay we chose a couple little pieces out
of that clip to show you a lowered
laryngeal position and why that's
important is it shows that I can
maintain a lower laryngeal position but
then how is it possible if I can sing in
this position but then sing
and connect the sound and go up really
high and release to a neutral position I
never go to a race position a raised
position would be this and you're caught
okay now I know there's a lot of pop
artists or you know Rihanna and like all
these people do you know Britney and all
these people do all these raise
positions and there are people that can
do it and do it well in fact Paul Rogers
does this i'ma baby when I think about
you I think about enough or Paul Carrack
you know tempted by the fruit of another
he's gonna use it so a brace position
but if you notice when they go up they
open up the sound and they drop the
lyrics so to say that you're gonna sing
only in one position and only in this
position and only in that position is
kind of ludicrous to me again
it's just can't tell they're talking I'm
just trying to give you a good quality
information let's get back to a lord
limit oh wait I was gonna sorry I was
gonna talk about a neutral position Bob
if you don't mind playing the clip you
know let's grab Steelheart for example
where I shit between a neutral position
I have dropped the lyrics as I go
through passaggio and then I have to
come back to a neutral position is that
go up high check out this clip
okay now there's other times you can do
it and use the John Fogerty clip here
Bob use fortunate side where you sing in
it in a just a slightly lowered position
like me a Wilson Pickett which we just
did a whole thing here recently on open
throat technique um you know right use a
lowered position and then I move it to a
neutral position
check out this fortunate side clip
okay why this is important is because
when we learn and we train the voice in
a lowered position we can hold down the
soundboard of the voice when we can hold
this down then we can relax it and move
it into a neutral position when we're in
a neutral position or we try to learn
only from neutral position the default
or what most people do is as they ascend
a scale or passage they go to a raised
position and then all of a sudden they
get caught in the throat right now there
are great artists that do this like I
said I talked about you know Paul Rogers
Glenn Hughes this ago you know sort of
the thrill II think Sam and Dave you
just talked about this in another video
well this becomes more of a stylistic
thing because I've heard Glenn do this
without having to raise the position but
what we do is again first we train first
the lower laryngeal position once we've
mastered that and we did the feeling of
it what I'm gonna back up sorry a lot of
information in bel canto when kids are
being raised to understand how to sing
with these different laryngeal positions
they cannot touch an aria which is the
musical piece of Italian for four years
we think by this for four years they
train bowels in different laryngeal
positions think about that okay what I
did was develop something that showed
that if you train a lowered position
first and you maintain that lowered
position to where you understand when
you relaxed the position to a neutral
position and if you want to raise it to
an upper you know to a raised learned
your position then all of a sudden
you're you have total command total
control of this and you can get there a
lot quicker you don't have to do it in
four years you can do it six months okay
straight up if you do it every day about
an hour hour and a half a day five days
a week and start sorry for those who
didn't want to take the quick pill and
get it you know doing faster than that
it
happen that way because we're at the gym
and we're working out and this is what
we have to do now we want to use these
different positions all throughout the
spectrum of the voice but there's two
elements that are missing big ones the
first one is is remember I just said
that all vowel sounds stem from its the
LA ah and it was a real open sound well
gets wet when I go ah ah eh and I spread
the pharynx which is just the mouth
right when I spread the pharynx all of a
sudden the sound closes down so I
haven't trained a lord laryngeal
position first I have no way of really
identifying how that really feels in the
throat when the fruit itself closes down
as the pharynx is spread this is really
important why because we don't sing only
one vowel Wow and we sing many different
vowels through the spectrum of the voice
and as we go through raising the going
up and range up and down in range we
find that we have to change this
laryngeal position and also there's
another huge element to this which our
glottal stops are things that close down
the back of the throat now what am I
need by that it means that we want to
reside in something called contiguous
phrase singing continuous phrase singing
is that we want to keep that vowel open
as long as we can without closing it
down with consonants well it turns out
to be this is extremely important
because every time you close a consonant
down it closes off the back of the
throat it wants to shoot air up into the
velar nasal port by the way fancy terms
for all the stupid stuff not stupid but
I try to keep things so simple I don't
love complicating stuffing you find
yourself using technical terms you hope
people will understand cooling into the
nose and so as it goes into the nose
then the throat is swing hey hey man
what's wrong with you do you want this
to come out of the mouth or do you want
this to come out of the nose could you
make up your mind here or both right so
what we want to do contiguous racing's
we want to have the the sound over the
fact Steve Perry and Sam Cooke I just
did a vocal demonstration on this and
sure when I'm gonna air all this stuff
but if you listen to what change is
gonna come from by Sam Cooke and using
house bow because every time I close
down a consonant sound I have to read
open the throat and then get back to
that placement that I had depending on
where I am in the range well men if you
think that's tough and you think that
you're gonna only reside in a neutral
position or raise laryngeal position or
lower position you've got another thing
coming
now again I'm gonna say this again check
out whomever you get your information
from do they sing great not just sin do
they sing great what do you want to
sound like them and do they displace
students that sing great this is so
important because I could sit there and
then I could be some guy that gets on
the internet reads all kinds of
technical stuff and and regurgitate this
stuff to you or I could put my heart on
a sleeve and put my heart on the line
and actually demonstrate and show you
this is very very important so as we go
up and down a scale if we only train a
neutral position a neutral learned your
position as we ascend there's a 95 doing
this for 35 years 95% of the people I've
trained default to erase positions so
they'll get caught and erase the
position if you train a lower position
first this is old-school bel canto guys
you train in a lower position first and
then you relax to a neutral position and
you understand the soundboard how to
move that soundboard first by anchoring
it to a lowered position it doesn't mean
you're sentencing yourself to see in a
lower position all the time
it just means you understand it I wanna
wrap you
till I'm dying
the way feel like me
- spend my time waiting on your call how
can I tell you babe my backs against the
wall I need you by my side to tell me
it's alright cuz I don't think I can
cheat game
love
and century
three days
hold on
it's got a hold on me
cutting passes on cello but the
backstage tour
I know that I must do what's right
sure is Kilimanjaro rises like Olympus
above the sea
I seek to kill once deep inside trying
to know this thing that I've become
I miss the rain salad
ricca-san
please with
yeah yeah
Jamie tell me
I can always kill you
I believe
you won't ever have to
everybody you see
come and take me Shira yeah
come and take me when I hold my own
no she bets my solo
she's alright
that's the way is me
I met you baby
dream
Drimmer
as you've seen some of these different
positions you see that this can be done
in all kinds of different ways now
here's where this gets equally
interesting we talked about the vowels
themselves with a vowel if you go to an
e e is the most parentally spread vowel
but we have all of a sudden learns goes
up right but if you've trained a lowered
laryngeal position
I can actually maintain the a vowel or a
different vowel modification to hold it
at bay so then I don't get caught in the
throat anyway guys I could go on and on
and on about this I have a singing
course called how to sing better than
anyone else I covered all of us in the
poor's if you guys want to check it out
cool hopefully this information that's
beneficial to you and I'm sure we'll
talk a lot more about this in future
sessions so thank you for joining me
ken Tamplin vocal Academy where the
proof is in the singing peace out hey
guys if you like what you heard please
like and subscribe to my channel and if
you want to get notified when I have a
new cool video come out you need to go
to my channel and click on this little
Bell icon and it will actually notify
you every time I have a video come out
thanks guys
-------------------------------------------
Why is the DOLLAR the World's RESERVE CURRENCY? - VisualPolitik EN - Duration: 11:58.
You've heard this a thousand times: the American dollar is the World's reserve currency,
the hegemonic
currency in the world today.
And we all have that "smartass" friend who thinks he knows everything about
geopolitics and says that the dollar supremacy is… the cornerstone of the so called New
World Order.
The
illuminati, the Bildelberg club and George Soros are ready to do anything to keep this
supremacy… at any
cost…
OK, OK, so if you wanna throw one of these self proclaimed pundits off, you just need
to ask him or her
this question: what does it really mean that the dollar is the hegemonic currency?
I mean… how does the
United States benefit from having a currency that is being used for the international trade?
Is it really
that important?
Really?
And the most important question of all…
Could the American Dollar lose its
status?
Could it be replaced by other currencies like the EURO or the Chinese YUAN?
Today we are going to
answer all of these questions but before we do… let's take a look back at history.
If you've been following VisualPolitik for a long time, you already know that Argentina
is in dire
Straits and they need to ask for Money loans from International investors.
In these cases, the usual
procedure is to print what we call a DEBT BOND.
This is a piece of paper that says 'If you give me THIS
amount of money, I will give it back to you in, say, 10 years, with interest'.
So far, so good.
But
imagine this situation.
Let's say that you lend 3000 Argentinian pesos to the Argentinian Government.
In
the moment we do this video, summer 2018, those 3000 pesos equal 100 American dollars.
But…
What would
happen in the year 2028?
We don't know!
But chances are, the Argentinian currency will have been devalued
more and more.
By then, maybe those 3000 pesos wouldn't even buy a bag of 'Doritos'
This is why, international investors, smart as they are, say to Argentina 'Wait, wait
a minute, dude…
OK,
I will lend you that money, don't worry…
BUT you will denominate that debt in Dollars…
American dollars!
This way, I give you 300 bucks and you will pay me back 300 bucks plus interest…
Understood, man?'
Yes, my dear viewers, this is how an investor protects himself from would-be devaluations.
But hold on just a second because we aren't just talking about Argentina!
In fact, most of the World's
countries choose the greenback as the currency in which they issue their notes.
And this is why, you can
read headlines like this one in every financial newspaper.
https://www.gob.mx/shcp/documentos/el-gobierno-federal-emite-nuevo-bono-global-en-dolares-a-plazo-de-10-
anos EL GOBIERNO FEDERAL (Mexicano) EMITE NUEVO
BONO GLOBAL EN DÓLARES A PLAZO DE 10 AÑOS
The Mexican Government will issue debt bonds denominated in dollars to be paid in 10 years.
As you can imagine, we are not just talking about governments here.
For example, anytime ARAMCO, the
Saudi Arabian oil company wants to sell their dinosaur juice to, say, India, they say 'Wait,
wait a
moment, dude… what are you doing with those… coins I don't even know how much they're
worth… no way dude,
you are paying in dollars, American dollars, because this is a currency I trust'
This explains why 60% of the foreign reserve currencies held at the central Banks are dollars.
In the
world, there over 1.67 TRILLION dollars in circulation and more than half of them are
outside US.
There
is no international law that says the dollar must be the global reference.
But most people trust this
currency for international trade.
And here it comes the real question…
WHAT-IS-THIS-USE-FOR?
I mean, how does America benefit from having
their currency circulating all over the place?
Well… it depends.
If you are a company or a regular
citizen… this is completely irrelevant to you.
Arguably, we could say it's worse.
BUT, if you are the American Government… oh boy!
Having the hegemonic currency is like a gift from
heaven…
Why?
We're gonna tell you straight ahead!
A FISTFUL OF DOLLARS
We told you a thousand times here at VisualPolitik… the worst thing that can happen to a country
is
HYPERINFLATION.
This means that all of a sudden, prices go sky high.
But how is hyperinflation created?
You also know the answer… in most of the cases, this is a 100% monetary phenomenon.
If a Central Bank
starts printing money like there's no tomorrow, the currency devalues.
But why?
What's the connection between printing money and losing the value of that money?
You see… when
we talk about currency, we have to consider it as just another product.
Yes, you heard that right.
Currencies work under the same principles as oil, oranges or mobile phones: supply and
demand.
For
example, the Venezuelan Bolivar has very little demand.
Only Venezuelans use it.
So, when the Central
Bank of Venezuela prints a lot of Bolivars, this is, expands the Currency supply, the
price is going to
fall.
This means, the currency will devalue.
Nonetheless, American dollar's demand can't stop growing.
Everybody, around the globe, uses it for
international trade.
This means that the Federal Reserve has a big margin to print money without risking
devaluation.
And now you might wonder…
Why would the Federal Reserve want to print more money?
Well… let's look at an
example.
Imagine you've lent 100 dollars to the American Government.
And now you want them to pay you
back.
So you go there and they tell you: 'Suuuure man!!!
How much is it…? 100 bucks!
No prob, dude!
Just
go to that building next to this one, the one where it says 'FE-DE-RAL RE-SERVE'
and tell them to print
you those 100 bucks in just a second!!!'.
This practice is called 'MONETIZING DEBT'.
And yes, when you tell things like this to your friend, the
smartass, the one who thinks he is an expert in geopolitics, he will have no idea of what
you are talking
about.
But the truth is that this hegemonic currency is what allows America to issue more and more
debt, more
easily than any other country.
And this is why it is so normal to find headlines like this one.
America's debt crisis is coming -- interest payments will hit a trillion dollars a year
Having such a big debt is not really great news for American taxpayers.
In this other video we told you
why.
But hold on just a second because I know what you are thinking… is America as irresponsible
with its
monetary policy as Argentina or Venezuela?
And the answer is… of course not!
You see, all the Central
Banks print new bills year after year.
And not only print but generate more money electronically.
The
difference is on the proportions.
On this chart you can see the increase of the monetary supply, what we call the M2 indicator
of the
American Federal Reserve.
As you can see, the number of dollars grows year after year.
But… what happens
if we compare it with the Argentinian PESO?
… well, you can see the difference… and what happens when we
compare it with the Venezuelan Bolivar?
I guess there's no need to comment.
In just 9 years, Venezuela
has multiplied their monetary supply by 100…
By 100! while America has not even doubled it.
Bonus fact: while making this chart, we decided not to include the year 2018 because otherwise,
the
yellow part would cover everything.
This year, the Central Bank of Venezuela has multiplied their
monetary supply by 4000.
And… this is one of the reasons why the American Dollar is the most used currency
on the planet: because
it is stable.
While other Central Banks print money like crazy, the Federal Reserve is pretty responsible.
And now you might wonder…
What happens with other currencies like the Swiss Franc or the Sterling Pound?
If there is one stable currency in the world, it's the Swiss Franc, right?
Well… you are right.
In fact,
pay attention to this part of the video because this is going to surprise you.
Despite the dollar's
importance, it is not the only reserve currency on the planet.
Far from it!
Check this out!
A MULTICURRENCY WORLD
We said it at the beginning of the video: 60% of the foreign currency reserves are held
on greenbacks.
But what happens with the other 40%?
The second most used currency is the EURO, which represents 20% of the reserves.
After that we have the
Japanese Yen and the Sterling Pound.
But these are not the only ones!
Many central banks have reserves
denominated in Australian dollars or even Swiss Francs.
Despite not being that common, everybody
appreciates these coins for their stability.
But the question here is… if what you need for a currency to have a high demand is to
be stable… why
don't we use Swiss Francs as much as dollars?
The answer is that there are many less Swiss francs on the
market.
Think about it, Switzerland has 8.5 million inhabitants.
The United States has 300.
This means that the
Swiss National Bank doesn't need to issue as many bills.
Remember how I said the World has 1.67 trillion dollars?
Well, the Swiss Franc doesn't even have 1
trillion.
This means that it is harder to find francs than dollars for a transaction.
On the other hand,
America is the World's biggest market.
This means that thousands of companies from all over the World
sell their products here.
So imagine you are an Australian company and you are selling mobile phones in New York.
How do they pay
you?
With American dollars, of course!
Then what do you do with those greenbacks?
You change them to your
local currency.
So now who will have the American cash?
Of course, that would be the Australian bank
where you made the exchange.
In other words, the more America trades with the World, the more dollars will circulate
around the globe.
This is a currency that is stable, abundant and supported by the biggest economy.
Decades ago, no other
currency could be a match for the greenback.
But, as you know, the World is changing.
At this point, I guess you can see where I'm going with this.
At the beginning of this video, I asked
you…
Is it possible that the dollar will lose that hegemony?
Or, at least, be less important than it is
Today?
The answer is… yes.
As U.S. Trumpets 'America First,' Rest of the World Is Moving On
We have been telling you week after week here, at VisualPolitik…
Donald Trump wants to Protect America
from international trade.
His first move was to cancel free trade agreements with EU and Asia.
After
this, he introduced tariffs to steel so companies like Harley Davidson are leaving the country.
Trump has
also announced that he was to end NAFTA, which is the trade agreement between US, Canada
and Mexico.
In
other words, Trump's America wants to isolate itself from the international market…
So what does this
mean?
Well… it means the other countries will have less dollars.
Add to this other news… like this one.
Europe's central banks are starting to replace dollar reserves with the yuan
Or... this other one…
Russia Plans Yuan Bond Sale With Sanctions Threat Nearing
But don't get so excited, yet!
It is true, the Chinese YUAN, also known as RENMINBI, used to be an almost
unknown currency in the international market.
It was only used inside of China.
Nonetheless, in recent
years, some Central Banks are starting to buy it.
But, of course, this doesn't mean that banks will start
changing all their dollars to yuans overnight.
In fact, there are many things we don't know about the Chinese renminbi.
Things that your friend, the
smartass, probably won't know about.
But don't worry because in the following weeks there is going to be
a continuation to this video!
So don't forget to subscribe to VisualPolitik, and click on the bell icon
so you don't miss any posts.
Meanwhile, here are some questions…
Do you think the dollar can maintain its hegemony in the following
decades?
If not…
What other currency could be a substitute?
The Yuan, the Euro… maybe the BitCoin?
Please, leave your answer in the comment section below.
And please, don't forget to visit our friends from RECONSIDER MEDIA, the podcast that provided
the vocals
in this episode that are not mine.
If you like this video, give us a thumbs up and, as always, I'll see you next time.
-------------------------------------------
🧜♀️Samsung Galaxy Note 9 Waterproof Test! | Let's S-Pen it Underwater!! - Duration: 3:51.
For more infomation >> 🧜♀️Samsung Galaxy Note 9 Waterproof Test! | Let's S-Pen it Underwater!! - Duration: 3:51. -------------------------------------------
How The Federal Reserve Works (And Who Really Owns It) - Duration: 9:44.
The Federal Reserve: the cornerstone of the American economy.
For just over a century the Fed has overseen the financial system of the US, but its track
record has been far from perfect. Worse yet, it has such a unique and convoluted
structure that it's very difficult for people to really understand it, which is why unsurprisingly
the Fed has been subject to various conspiracy theories, from being owned by the Rothschilds
to being operated by lizard people. Today, we're going back to the dawn of American
finance to see how the Fed was created, how it works and who really owns it.
This video is brought to you by Skillshare, where you can find a ton of different classes
including my own series of videos on how the stock market works.
You can watch them for free by registering with the link in the description.
America during the late 19th century was a nation in turmoil and not just in the literal
sense. The Civil War was no doubt devastating, but
even during the peace that followed America was plagued by frequent and deep economic
depressions. The underlying cause was simple: America just
lacked a proper financial system and more importantly, it didn't have a central bank
to save the day when things turned bad. Now, keep in mind, central banking wasn't
a new concept. The Dutch were the first to come up with a
central bank in 1609 and it was instrumental in transforming the Netherlands from a swampy
backwater into a global economic empire. Following the example of the Dutch, the English
created the Bank of England in 1694, which of course became the backbone of the British
Empire. But it's exactly this association with the
British that made the Founding Fathers reluctant to use the same model in the United States.
There were two attempts at establishing a central bank even despite public opposition:
Alexander Hamilton himself led the first movement in 1791.
But in both cases the systems lasted under 20 years and did little to stabilize the situation.
And by all accounts the situation was very very bad.
Back then even a single local bank failing could result in nationwide panics.
People knew that no one could save their bank if it went bust, so as soon as rumors of insolvency
started spreading, everyone frantically started withdrawing whatever they had, bankrupting
otherwise healthy and solvent banks simply out of fear.
Such bank runs happened with frightening regularity and the depressions that followed were long
and painful. Of course, American bankers realized very
well just how bad their industry was doing. Paul Warburg, one of the great American bankers
of his day, said in 1907 that the American banking system then was at about the same
point as 15th century Italy or Babylon in 2,000 BC.
Just a few months after Warburg made that statement, the country suffered the Panic
of 1907 and it was particularly severe. To start things off, in 1906 a devastating
earthquake destroyed 80% of San Francisco. With reconstruction efforts underway, capital
was very tight and because all the money back then was in paper form it was much more difficult
to reallocate it across the country. One banker tried to abuse that by manipulating
the stock price of the United Copper company back on Wall Street.
He hoped to see his shares rise exponentially in value, but instead they crashed, dragging
down the entire stock market with them. That banker was involved in 10 different banks
across the East Coast and one after another these banks failed as people assumed they
were insolvent and withdrew all their money. Pretty soon even banks that had nothing to
do with that guy were going under, and so the fearful bankers of America turned to the
only man with the power to save them: J. P. Morgan.
Back then, John Morgan was the king of Wall Street, and even today the bank he created
is the largest one in America. He wasn't the wealthiest man at the time,
that title belonged to John Rockefeller, but Morgan was certainly the man everyone turned
to when things got bad. In October 1907 Morgan summoned the great
bankers of the day to his office at 23 Wall Street.
With the collective capital of America's big banks, Morgan arranged for the rescue
of the healthy banks that were nevertheless near bankruptcy due to irrational fears.
Virtually the same thing would happen a century later in 2008 when the government bailed out
the banks, but this time it was happening entirely thanks to private individuals like
John Morgan. Once the panic was contained, it became clear
to everyone that a central bank was necessary and Congress immediately passed legislation
to create one. However, that was pretty much the only thing
everyone agreed on: the actual details of how it would work sparked long and fierce
debates that halted any progress. The agricultural South, for example, was afraid
that a powerful central bank would give Washington and Wall Street too much power over them.
The bankers meanwhile wanted to make sure that the central bank would not be manipulated
by political interests: they wanted it to be as independent as possible from Washington.
The sheer number of competing parties made creating a central bank extremely difficult
and negotiations would in fact take over 5 years to finalize.
What's interesting though, is that these negotiations weren't happening on Capitol
Hill. Instead, they were held 600 miles south of
Washington on Jekyll Island in Georgia. That resort was home to an exclusive club
of over a hundred of the wealthiest men at the time, including John Morgan.
Of course, only a select few would help draft the actual plan for the central bank and it
wouldn't be until 1913 that legislation would actually come to pass.
The newly created Federal Reserve was truly a miracle of compromise.
To accommodate all the various interests of the diverse United States, the Fed became
a central bank unlike any other in the world. To begin with, it wasn't even a single bank,
instead it was a network of twelve regional banks each governed by local bankers and businessmen.
Some of these banks were in obvious places, like New York and Chicago, but many of the
other locations came down to politics. The Senator from Missouri, for example, was
a key vote needed to pass legislation, which why today Missouri is the only state to have
two federal reserve banks within its borders. To appease Washington, these twelve regional
banks would have a single governing body, comprised of seven people appointed by the
president and confirmed by the Senate. To limit the president's power, he can only
appoint one governor every two years with a 14-year term.
But the really unique part of the Fed's structure, and you can thank John Morgan for
that, is the fact that each regional bank is actually structured as a private corporation
that has its own stock. Here's how it works: every nationally-chartered
bank in America is required by law to keep 6% of its capital in its regional reserve
bank. In exchange, that private bank receives an
equivalent amount of shares in the regional reserve bank.
These shares, however, are quite different from the shares of public companies.
Their price is fixed at $100 per share and they cannot be sold or traded.
They carry voting rights to about two-thirds of the Board of Directors for that regional
reserve bank, but as we know the real power is in the Board of Governors appointed by
the President. What these shares do have, however, is a fixed
6% dividend per year. It's worth noting that this dividend doesn't
entitle the banks to any the Fed's profits. Instead, everything the Fed earns above that
6% payout goes directly into the Treasury. And keep in mind, the Fed is very profitable:
in 2017 it sent $80 billion to the Treasury, while only paying out $14 billion to the regular
banks that hold its stock. So who are the shareholders of the Federal
Reserve? Well, basically every big bank in America.
The full list is 150 pages long, but pretty much every name you know appears on it.
But here's the beautiful thing: most of America's big banks are public corporations.
In other words, if you want to benefit and make money off of the unique structure of
the Federal Reserve you can do that by purchasing stock in American banks.
Since ownership in the Fed depends on capital, the bigger the bank, the bigger its ownership
stake. Therefore, it would be wisest to start from
the top of the list. And speaking of the stock market, in case
you somehow missed it last month I released a 20-minute animated series of videos on how
the stock market works on Skillshare. I cover topics like how dividends get paid
out or how ETFs work and if you want to watch the full class you can register for a 2-month
free trial of Skillshare using the link in the description.
Once you've registered, search for "investing 101" or follow the link I've left in the
comments below. If you don't know, Skillshare is the best
online learning platform out there. It has thousands of different classes on a
wide variety of topics, including business and the stock market.
By the way, I want to thank all 2,000 of you who already watched my class: you've helped
make it the most popular stock market class on Skillshare and I'm thankful for that.
In fact I'm already working on a second series of videos that goes deeper into how
companies work, including valuations, buybacks, multi-class stocks and a whole bunch of other
fascinating topics. I'll let you know when that course goes
live, but until then make sure you've checked out Skillshare and my one course on it.
Anyway, thanks for watching. If you're new to Business Causal make sure
to subscribe and also consider liking this video if you enjoyed it.
As always, a big shoutout to my patrons on Patreon for supporting me and for being awesome.
You'll hear from me again in about two weeks and until then, stay smart.
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Red Heart Loop-It™ Yarn is Finger Looping Fun! - Duration: 0:50.
Red Heart Loop-It Yarn is Finger Looping Fun!
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In a 'Boycott In-N-Out' World, Is It Possible to Find an Ethical Burger? - Duration: 1:57.
- [Narrator] A recently discovered financial document
has uncovered a $25,000 donation
by In-N-Out Burger to the California GOP.
While that's not surprising for a burger chain
that prints Bible verses on its cups and burger wrappers,
Liberals in the six states
with In-N-Out Burger have threatened a boycott.
Where will they scarf down burgers now?
Here are five burger chains
that don't support conservative causes.
Number one, Red Robin.
Known for gourmet burger options and bottomless steak fries,
Red Robin's corporate guidelines keep money from going
to political organizations, campaigns and religious groups.
Number two, Whataburger.
Found in Texas and other Southern territories, Whataburger
also has policies that forbid political donations.
But the beloved burger chain is quite community-minded,
donating to cancer research, child abuse prevention,
disaster relief and more.
Number three, Five Guys.
Five Guys got bad press back in 2013
when a North Carolina franchisee vocally opposed Obamacare.
But a company spokesperson was quick to interject that
the franchise owner's views don't represent the company.
Five Guys typically steers clear of partisan issues.
Number four, Fatburger.
An L.A. based chain found mostly in Western states
and Texas, Fatburger shies away from politics.
Not advocating for liberal or conservative causes.
Though its CEO, Andy Wiederhorn,
has long opposed attempts to raise the minimum wage.
Number five, Shake Shack.
Based in New York City, the politics of Shake Shack
shouldn't be all that surprising.
Founder Danny Meyer is an anti-tipping pioneer,
who last year raised his prices to pay employees more.
And ahead of its TV return,
Shake Shack created two Will and Grace milkshakes
that gave two dollars each to GLAAD.
Where will you be eating burgers?
Sound off in the comments.
(light music)
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Jorge Mendes is furious that Luka Modric beat Cristiano Ronaldo to UEFA Player of the Year award - Duration: 2:48.
Cristiano Ronaldo is expected to add another Ballon d'Or to his collection later on this year
The Juventus star, who has claimed the coveted award in four of the past five years, is the bookmakers' favourite to claim the 2018 prize after helping Real Madrid win a 13th European Cup
That is despite Lionel Messi enjoying yet another incredible season, Mohamed Salah starring for Liverpool, Luka Modric leading Croatia to the World Cup final and Kylian Mbappe ending France's long wait to win the tournament
Modric was sensational for Real Madrid last season and he continued his fine form at the World Cup
The 32-year-old won the Golden Ball following his exploits in Russia.And the accolades continued as Modric claimed the UEFA Men's Player of the Year award on Thursday
Modric collected the award as the Champions League group stage was drawn in Russia
He beat Salah and Ronaldo, who wasn't in attendance, to the prize.Ronaldo won the Champions League Forward of the Season award but he would have wanted the main gong
And his agent, Jorge Mendes, isn't happy about it.Mendes expressed his fury when he spoke to Portuguese newspaper Record, calling it "embarrassing" that Ronaldo didn't win the prize
"Football is played across four lines of the pitch and that's where Cristiano won," Mendes said, per Sport
"It's simply ridiculous, embarrassing even.There's no doubt who the winner should be, the one who is the best in his position
" Tell us how you really feel, Jorge.If Ronaldo wins the Ballon d'Or, he will surpass Messi by winning the award six times in his career
And everyone knows that the real rivalry is between Ronaldo and Messi, not Ronaldo and Modric
Fans have taken to Twitter to react to Mendes' comments.It seems that fans can't quite understand Mendes' view and believe he has been harsh on Modric
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Jennifer Lawrence Admits She Isn't 'Very Strict' When It Comes to Her Diet - Duration: 3:08.
Jennifer Lawrence is revealing how she keeps in shape while indulging in some of her beloved foods
The Oscar-winning actress, 28, opened up about her diet and exercise in an interview with Vogue published on Thursday
Lawrence, who has been outspoken in the past about what she eats, admits there are certain things about staying fit she doesn't care for
"I don't like when people say, 'I only do this or eat this,' " she said. "Because I eat
I'm not very strict with my diet: If I want a piece of pizza, I eat a piece of pizza
But I do work out more than normal because I have a certain way that I want to look, and a way that I want to fit into my clothes
" Lawrence added, "I get photographed when I'm not asking for it, so there's added pressure to look and feel your best
For me, it's easier to put that extra effort into the gym instead of putting the extra effort into the gym instead of putting the extra effort into: 'Oh no, I can't eat that
' " In 2012, Lawrence told Elle in an interview she would never "starve myself for a part
" "I don't want little girls to be like, 'Oh, I want to look like Katniss, so I'm going to skip dinner,' " she said
"That's something I was really conscious of during training when you're trying to get your body to look exactly right
I was trying to get my body to look fit and strong — not thin and underfed." She added, "I eat like a caveman, I'll be the only actress who doesn't have anorexia rumors
In Hollywood, I'm obese. I'm considered a fat actress." The star revealed how her diet changed when she prepared to portray a former Russian ballerina in Red Sparrow
Speaking to Vanity Fair for their March 2018 issue, Lawrence said the film "was the first time that I was really hungry and disciplined
" "I can't be in character as an ex-ballerina and not feel like an ex-ballerina," she explained
Lawrence admitted she had a "meltdown" after only eating "five banana chips." "I can't work on a diet
I'm hungry. I'm standing on my feet. I need more energy," she said.
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