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Walk-Ins Welcome with Bridget Phetasy

You Will Own Nothing - Carol Roth

Walk-Ins Welcome with Bridget Phetasy

Conversations with people from all walks of life.

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

4.8 • 1.3K Ratings

🗓️ 20 July 2023

⏱️ 107 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.

Bridget Phetasy admires grit and authenticity. On Walk-Ins Welcome, she talks about the beautiful failures and frightening successes of her own life and the lives of her guests. She doesn’t conduct interviews—she has conversations. Conversations with real people about the real struggle and will remind you that we can laugh in pain and cry in joy but there’s no greater mistake than hiding from it all. By embracing it all, and celebrating it with the stories she’ll bring listeners, she believes that our lowest moments can be the building blocks for our eventual fulfillment.

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This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit www.phetasy.com/subscribe

Transcript

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0:00.0

many of us have heard of the World Economics forums, their top eight predictions for 2030,

0:06.4

and their number one prediction was, you'll own nothing and you'll be happy.

0:11.9

And so when I saw that on social media,

0:14.2

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

0:16.0

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

0:18.9

Because it's World Economic Forum is this group.

0:21.1

It's the like global elites. it's got all of the politicians and business people, like there's no way that this group is actually predicting the end of private property like in a few years like that that would be wrong so in that particular case it did not take very much research to find out yes it was sitting there right in the open and then you know as you know I focused for a very long time on helping individuals, you know, grow and retain wealth.

0:49.0

And I know more than anything that wealth comes from ownership and so if you don't have

0:54.3

ownership you have no opportunity to create wealth. This is Watkins welcome with

0:59.6

Bridget Feticy I'm Bridget Fetice and you are welcome. You know the drill.

1:15.0

the drill.

1:16.0

Please subscribe, rate, comment, share, reach out, tell your friends, send smoke signals,

1:21.0

whatever.

1:22.0

We love your feedback and we want to hear from you.

1:24.8

If you like our work and want to support us, the best way to do that is join Fetacy.com.

1:30.6

You'll get access to behind the scenes content, outtakes, discounts on merch, and the ability to submit questions for some of our upcoming guests.

1:39.0

Support your favorite scrappy little internet heroes at fetacy.com. I am with Carol Roth

1:45.9

everybody welcome back to walk-ins welcome. So nice to see you Bridget it's been a hot

1:51.9

minute since we've had an official conversation.

1:54.5

It has.

1:55.5

Right to dive into some of the maybe slightly more serious topics than you and I usually discuss.

2:03.6

Yeah, I mean, I feel like all your books are pretty serious.

...

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