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Walk-Ins Welcome with Bridget Phetasy

E242. Carol Roth - You Will Own Nothing

Walk-Ins Welcome with Bridget Phetasy

Conversations with people from all walks of life.

Society & Culture, Comedy Interviews, Comedy, News, News Commentary

4.81.3K Ratings

🗓️ 20 July 2023

⏱️ 112 minutes

🧾️ Download transcript

Summary

Carol Roth, "recovering" investment banker and entrepreneur, sits down with Bridget for a terrifying conversation about hitting an inflection point where the global financial world order is changing. They talk about the WEF's 8 Predictions for the World in 2030, one of them being "you'll own nothing, and be happy," why Carol rages against this idea because wealth comes from ownership, defining the "they" in the conversation about who wants you to own nothing, when the US will no longer be the world’s sole superpower, other countries getting away from the stronghold of the dollar, who the emerging powers are, and what a potential new world order might look like. They also cover why the people in finance don’t want you to understand it and how they make it opaque and complex on purpose, what we don’t understand about wanting the government going after billionaires, how big tech companies have become essentially de facto governments that you don’t have any rights with because they’re “private companies,” why it's essential that we realize the stakes are shifting and come to terms with it, what people can do to protect themselves and how to set yourself up for success. Check out Carol's book You Will Own Nothing: Your War with a New Financial World Order and How to Fight Back , for the information and tools you'll need. Sponsor Links: Babbel - https://bit.ly/babbel-wiw AG1 - https://bit.ly/AG1-WiW The Dr. Drew Podcast - https://bit.ly/DrDrew-WiW The Jordan Harbinger Show - https://spoti.fi/3LhJBTP

Transcript

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0:00.0

Many of us have heard of the world economics forums.

0:04.0

Their top eight predictions for 2030.

0:06.2

And their number one prediction was,

0:08.7

you'll own nothing and you'll be happy.

0:11.8

And so when I saw that on social media,

0:14.3

as I often do, I'm kind of like,

0:16.0

yeah, that's probably out of context, right?

0:18.9

Because the world economic forum is this group.

0:21.1

It's the like global elites.

0:23.1

It's about all of the politicians and business people.

0:25.6

Like there's no way that this group

0:28.0

was actually predicting the end of private property

0:30.9

like in a few years, that would be wrong.

0:33.4

So in that particular case,

0:35.2

it did not take very much research to find out.

0:38.0

Yes, it was sitting there right in the open.

0:40.7

And then as you know, I've focused for a very long time

0:44.8

on helping individuals grow and retain wealth.

0:49.6

And I know more than anything that wealth comes from ownership.

0:53.0

And so if you don't have ownership,

0:55.5

you have no opportunity to create wealth.

0:58.2

This is Watkins.

...

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