Show notes
Our hosts David and Phil Ngo take Episode 16 to "Phil" you in on our summer hiatus, David tells us about his summer adventure out in Western Canada (1:34).David tells us about the road trip which involved trading off beautiful scenery with puking (3:16).Phil tries to sell everyone on visiting Western Canada (5:03).Phil took a break from entrepreneurship to go back to being an employee (5:40).David and Phil discuss the remote working life and why companies need to adapt to fit this (8:39).They speak to how these companies benefit the world economy by providing opportunities to people around the world who may not have a stable financial system to work with (10:25).David discusses what it's like to network in a post-covid era (13:06). A lot of people reached out to David asking how to invest in an era of near 0% interest rates (13:50).Real estate comes to mind (15:45).Phil re-iterates how money works and why real estate prices keep going up (18:13).The big issue is also wage stagnation, COVID, and supply chain issues stemming from the pandemic (20:17).Everything is going up in price.. or is your dollar just getting weaker because of inflation (22:50)?Helicopter Money (24:46).The market is not pricing labour properly (27:30).David explains how his broken dishwasher is a sign of supply/demand imbalances (28:26).Phil ensures people appreciate and recognize the luxurious and privileges we have to be living in a stable western world (30:05). It all comes back to how much you value your time (31:16).Every generation has their own problems and priorities (33:04).Teaching privilege to your children (33:58)!I hope our kids can figure how to help society, help the world because they grew up with less struggles (36:28).Our plans for this upcoming season of the podcast (39:22)!Shownotes:Follow Us and Subscribe: www.ngoyourpotential.com
