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Julian Dorey Podcast

[VIDEO] - China's Collapse, Financial Crisis, Geopolitics, Javier Milei | Jared Dillian • 183

Julian Dorey Podcast

Julian Dorey

Comedy

4.6649 Ratings

🗓️ 3 February 2024

⏱️ 159 minutes

🧾️ Download transcript

Summary

(***TIMESTAMPS in Description Below) ~ Jared Dillian is a writer, author, & financial guru. His latest book, “No Worries” can be purchased using the link to my Amazon Store in the “EPISODE LINKS” Section of this description. EPISODE LINKS: - BUY JARED’S BOOK IN MY AMAZON STORE: https://amzn.to/3RPu952  - Julian Dorey PODCAST MERCH: https://juliandorey.myshopify.com/  - Support our Show on PATREON: https://www.patreon.com/JulianDorey  - Join our DISCORD: https://discord.gg/JKSJtr62  JARED LINKS: - TWITTER: https://twitter.com/dailydirtnap  ***TIMESTAMPS*** 0:00 - Jared’s years at Lehman Brothers; The Financial Crisis 11:46 - Inside Lehman’s build-up to the crash 22:25 - The biggest mistake in monetary policy; The Fed 31:06 - War & US Dollar Impact; China’s Navy 37:38 - Geopolitics: China’s future economy 42:16 - Nuke at Bikini Atoll 46:00 - Behavioral Finance; Seafood Tower Theory 51:21 - The Robinhood Gamestop Stock Craze; Calling Markets; Dave Portnoy 1:02:51 - Stress & Investing; Dave Ramsey; Dennis Rodman Analogy 1:11:46 - Gold; How regular Americans can make more money 1:19:48 - Financial Stability; Money Decision Fatigue; “Mr. Money Man” 1:32:05 - Pay teachers more 1:40:35 - Geopolitics: Javier Milei & Argentina Impact; Jared’s incredible New Zealand / Jacinda Ardern Call 1:52:46 - The previous era’s impact on debt; Flat Tax 2:04:50 - The changing of politics through the years; McDonald’s & War 2:12:36 - The $4 Door Mat; Capitalism & Slave Labor 2:19:16 - Election year & 3rd Parties; The 2 Party Divide 2:28:12 - Why Jared doesn’t vote 2:35:15 - Jared’s Work CREDITS: - Hosted & Produced by Julian D. Dorey - Intro & Episode Edited by Alessi Allaman ~ Get $150 Off The Eight Sleep Pod Pro Mattress / Mattress Cover (USING CODE: “JULIANDOREY”): https://eight-sleep.ioym.net/trendifier Julian's Instagram: https://www.instagram.com/julianddorey ~ Music via Artlist.io ~ Julian Dorey Podcast Episode 183 - Jared Dillian Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

What's up, guys? If you're on Spotify right now, please follow the show so that you don't miss any future episodes and leave a five-star review. Thank you.

0:07.8

Right, I got a wife and three kids. I work a nine to five job, maybe even an eight to six job.

0:12.2

Let's say I live in New Jersey, I pull 100k a year.

0:14.1

I'm floating by, man.

0:15.5

How would you say, here's how you could set up a plan to be able to make yourself successful while still keeping that job and keeping the same level you are right now to be able to follow in the path

0:20.2

of someone making 500 grand a year. People get put into a position where they think that the only

0:25.8

way to make more money is to cut expenses. So they cut Netflix, they cut dry cleaning, they cut

0:31.2

expensive food, they cut going out to eat, they cut coffee, and cutting expenses blows.

0:36.9

But, you know, the personal finance experts don't really tell people another solution, which is...

0:42.0

Jared Dillon, welcome back to the New York area.

0:56.8

Thanks. Thanks.

0:59.8

How often do you get back up here these days?

1:02.4

About five or six times a year.

1:04.7

And you DJ too, so you usually like working around some event in the city at one.

1:09.5

Where do you usually do it? It's called Do Supper Club, which is in Flatiron. I think it's 26 and 6 or something like that. Good spot. Yeah, it's right by where the path train gets off around here. So you're coming back, I think you were telling me you're doing something in June. Is it going to be there? Yep, yep, it's going to be there and you're coming yeah i got i got to come to that you got to bring like 20 people and 15 of them

1:10.6

have to be girls i agree on i like where your head's at i hope your wife doesn't listen this but

1:32.7

amen but this is a bit of a full circle moment from me because a lot of people have asked about in the

1:37.9

past like what I did before I did this and I talked about I worked on Wall Street in the private

1:45.7

bank but you were a guy who from a behavioral finance perspective was one of the best I've

1:50.0

ever seen and you're somebody whose newsletter I subscribe to religiously the daily dirt nap

1:56.4

while I was on Wall Street because you had a way of looking at things like I don't want to

2:02.5

oversimplify it but you would take the macro and make it micro for everyone if that makes

...

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