The Great Reset EXPLAINED | Investors BEWARE!

so what actually is the great reset well the great 
reset as it stands right now is a proposal for all   world leaders and countries to dramatically alter 
and shift aka reset their economic philosophies   towards a one united global economy while that 
sounds great in theory right we're using words   like unite and global let's actually break it 
down and actually see it for what it really is hey what's going on guys this is Daniel one half 
of the Kwak Brothers and well last video we talked   about the great reset but we really didn't 
talk about the specifics what it actually is   we talked about a lot of general aspects and 
kind of my thoughts to it but in this video   we're going to be talking about the three main 
components on what the great reset actually is   straight from the world economic forums article 
we're also going to talk about the housing market   and also how do we not just as real estate 
investors but investors in general how do we   respond how do we respond to all the stuff that's 
happening with the economic current landscape   and also how do we respond to a potential great 
reset initiative happening in 2021 so without   further ado let's go ahead and get right into it 
so here are the three main components of the great   reset and guys i'm actually reading it straight 
out of the article from the world economic forum   here's component number one the first would 
steer the market towards fairer outcomes to this   end governments should improve coordination for 
example tax regulatory and fiscal policy upgrade   trade arrangements and create the conditions for 
a stakeholder economy at the time of diminishing   tax bases and soaring public debt governments 
have a powerful incentive to pursue such action   moreover governments should implement long overdue 
reforms that promote more equitable outcomes   depending on the country these may include changes 
to wealth taxes the withdrawal of fossil fuel   subsidies and new rule governing intellectual 
property trade and competition so here's kind   of my thoughts and breakdown on what we just 
read in the first component so guys i mentioned   this in the last video that i believe in equal 
opportunity as opposed to equal outcome equal   outcome is dang near impossible to create because 
well think about the differences that people have   in today's economy right it pretty much just 
means that the guy who's working 14 hours a   day to create value for his community and provide 
a better living is going to make the same amount   as the guy who chooses to sit on his couch all day 
and just watch the prices right while eating honey   bon bons right nothing against bon bons but let's 
be real guys that situation is not necessarily   the fairest equation right it's not the most fair 
scenario and well as i mentioned in the last video   i mean this is textbook communism where everybody 
gets the same amount of money aka equal outcomes   and i don't know if you notice but in the first 
proponent and the first component of the great   reset that fairer outcome is mentioned twice right 
first it said in the first sentence more towards   fair outcome and then in the second paragraph 
where it says equitable outcomes that promote   more equitable quote-unquote outcomes the more 
outcomes seems to come up a lot right and another   aspect that i want to point out in the first right 
it says in tax regulatory and fiscal policies well   what does that mean right well fiscal policy is 
government spending right as opposed to monetary   policies with more with you know the federal and 
regulatory well that's regulatory with governments   laying out regulations on the private sector such 
as private companies that provide value for the   world and also our local economy so all this is 
pretty much predicated on what i said last week   as well which is pretty much that the government 
doesn't own anything right they're pretty much the   great reset initiative is to encourage government 
to not only regulate the private sector regulate   people like me and you hard-working americans 
but also to regulate and tax more frequently   people like me and you again the hard-working 
americans so they're looking to increase tax and   again repeating last week's video the government 
does not own anything everything that they own   is pretty much what they stole and i'm gonna use 
that word stole for a very good reason from people   like me and you from the private sector okay 
let's move on to the components number two and   components number three all right so according to 
the article again reading straight from the world   economic forum proponent number two is that 
the second component of a great reset agenda   would ensure that investments advanced shared 
goals such as equality and sustainability the   third and final priority of the great reset 
agenda is to harness the innovations of the fourth   industrial revolution to support the public good 
so again we're using a lot of great words like you   know unity and the public good and harness but 
let's actually break down what it actually is   and here are my thoughts on that so what they're 
saying is pretty much stripping us of our right   and liberty to be able to start businesses 
and create wealth for ourselves i mean it's   pretty simple right when we read word for word 
what it says in the components right ensure   that investments advance share goals such as 
equality and sustainability which pretty much   means that they're wanting to regulate and control 
everything that we invest our money into right   because well that's just the narrative right 
because what if you said well i want to invest   into real estate right and i want to be able 
to have rental properties so that you know   my family can have cash flow so i could help 
mitigate my time and all the any reasons that   anybody would want to invest into anything 
whether it's stocks real estate bonds mutual funds   you name it they can go well it's very easy it's 
not it's not supporting the public good right as   in their words it's not uh it's not sharing 
equality and sustainability right there's no   advancement of our shared goals so you can't 
do that however you can invest into this thing   which by the way uh does you no good and actually 
ends up helping us and it gives us more control   and it helps quote-unquote everybody and it's 
better for the public good which leads me to   component number three right which for word it's 
the third and final priority of the great reset   agenda is to harness the innovations of the fourth 
industrial revolution to support the public good   again using the narrative of the public good 
to gain control of the private sector and   our wealth and your wealth and pretty much what 
it is and they're using this narrative of hey all   your debts are going to be paid off right whether 
it's student loans whether it's credit card debt   whether whatever it is right we're gonna take 
care of that debt for you well guess what guys   if if you control the debt right if you own the 
debt of somebody else guess what happens you own   that person you control that person right it's 
everywhere whether it be the bible whether it be   you know common economic loss if you control 
the debt of something you control that person   you control that investment and that's something 
that we cannot forget we always have to have that   in the back of our minds okay so here's what i got 
out of point number three right point number three   being harnessing the innovations of the fourth 
industrial revolution so here's my thought and   takeaway from point number three i think this 
pretty much means the deprivatizing or heavily   regulating and controlling every industry pretty 
much in the world right it takes power away from   the people because well let's take a look at what 
capitalism looks like right now right and guys   obviously at this point you know that i'm a big 
fan of capitalism let's look at how capitalism   works right you have a company whether it be 
public or private and whether it be public or   private you have shareholders being involved 
in that company now they are either public   shareholders or private shareholders well guess 
what guys those shareholders are shareholders   because they have buy-in right whether it's they 
bought the shares through capital through money   or they put in sweat equity meaning they put 
in time which i believe is the more valuable   currency they put in the time and their sweat 
equity to be a shareholder and those shareholders   are then in part make the decisions they all have 
a voice because they have a buy-in in that company   well under the great reset agenda the government 
and the overall public have influence and control   over that company as opposed to the shareholders 
well i have a big problem with that because well   the government and the public should not have any 
influence or control over that business as opposed   to the shareholders who bought in and also put 
their time effort sweat tears money you name it   into succeeding that business and into making 
that business great right in my opinion   those people who are bought in should have 
more of a say an influence and have control   over that business because they're the ones who 
invested into it as opposed to the government   and the public my second thought and breakdown 
of point number three and component number three   of the great reset is that time and time again 
history has shown us that the private sector   outperforms the public sector in almost every 
single category of getting something done   whatever industry you choose so for example let's 
go ahead and look at the space industry so let's   go to compare apples to apples an organization 
called nasa that's been around for 62 years and   it's a government organization it's a government 
entity government funded government everything   and let's compare it to a company called spacex 
right which is founded by one of my favorite   entrepreneurs elon musk and it is obviously a 
privately held company so i got some facts and   figures for you guys here so between 1960 and 
1973 nasa the government organization spent 28   billion developing the rockets adjusted 
for inflation today that equals to 288.1   billion dollars however on the other hand of the 
spectrum the falcon 9 created by spacex costs 50   million to build and it's also a reusable rocket 
which by the way nasa never figured out in their   62 years of existence and not only that spacex 
also has initiatives to use their technology   and resources to help with the world's greatest 
problems one of those being climate change so   even in the space industry if you compare nasa 
compared to spacex apples to apples you'll see   that spacex not only created their rockets much 
more efficiently and they also had significantly   better research findings in terms of being able 
to have a reusable rocket but they also did it at   literally a fraction of the cost and also 
fraction of the labor and fraction of the   resources not to mention that they're using their 
resources and technology to help with the world's   greatest problems such as energy climate change 
you name it so we just covered in detail the   three main components of the great reset and 
we talked a little bit more about what it is   but well how does this affect us right how does 
this affect us as investors and what's going to   happen moving forward well in theory right and 
i'm not going to say just to speculate but i think   this is genuinely true if there was ever a time 
right to initiate something like the great reset   or the new world order if there was ever a time 
to do it if you really think about it now is kind   of the perfect time to do it i mean think about 
where we're at now right especially with housing   and the economy let's start with retail right 
so as of mid july 2020 14 500 stores were closed   just in this year as of mid july 2020.

coresight goes as far as to project over 25 000   store closing to happen before the end of 2020. 
now guys obviously this leads to a lot of things   it leads to a lot of defaults and delinquencies 
with commercial mortgages it also leads to a lot   of commercial mortgage-backed securities failing 
along with reits and other real estate funds that   rely on the returns of retail hotels you name it 
stores everything in general now for retailers   that haven't closed as of mid-november existing 
retailers have already racked up approximately 52   billion dollars guys in this rent 52 billion 
dollars in missed rent as of mid-november   2020 now again guys that's stores that haven't 
closed that's not counting the 14 500 stores   that have already closed as of mid july you're 
talking about the stores that are surviving right   now there's 52 billion dollars in this rent and of 
course having said that bankruptcies are expected   to skyrocket as we lead into 2021.

Now let's look 
at the rental industry including single-family   houses and multi-family rentals now guys this data 
is according to the aspen institute here we go   pre-covered and this study was done in 2018 20.8 
million renter households which represents 47.5   of all rental households in the united states 
were already rental costs burdened meaning   that more than 30 percent of their household 
income was going towards their rent and guys like   i said this affordable housing crisis was already 
happening before the pandemic it was already   happening and this merely just accelerated right 
let's move on when the pandemic began 10.9 million   renter households which represent 25 of all rental 
households in the united states were spending over   50 percent over half of their household income 
on rent each month now guys presently mom and   pop landlords which are not institutional 
landlords right not big real estate companies   or big royalty firms or big real estate funds 
they own mom and pop owned 22.7 million rental   units out of the 48.5 million available rental 
units in the united states that's representing 47   of all rental units well guess what guys out of 
those 22.7 million rental units owned by mom and   pop right again this is 47 of all rental units 
58 of those individuals of those mom-and-pop   landlords do not have access to any line of 
credit or liquidity cash to help them through   any instances or any crisis that's going to happen 
with eviction now guys keep in mind that evictions   cost significantly more for landlords than they 
do tenants right as a landlord i don't want to do   you know i don't want to evict a tenant that's 
the last resort for me right because i got to pay   um you know the cost of eviction i got to pay 
legal fees i got to pay uh what's known as a   turnover cost which means that all the stuff that 
i have to do as a landlord to get a tenant out   and move another tenant in right i have to redo 
the carpet clean the place i got to pay for all   these things it costs a lot more for a landlord 
to evict somebody than it does a tenant a landlord   does not want to go through that but obviously 
right now it looks to be inevitable right okay   let's move on with the data okay and expected 1.3 
million american households uh are to be behind   on rent and they're expected to owe 7.2 billion 
dollars total by the end of 2020.

Now guys here's   a statistic that affects everyone according 
to yahoo finance about 5.8 million adults say   that they are somewhat too likely to face 
eviction or foreclosure in the next two months   according to a survey completed on november 9th by 
the u.s census bureau that accounts for a third of   the 17.8 million adults in households that are 
behind on rent or mortgage payments meaning that   for all those individuals that are behind on rent 
or mortgage payments which is 17.8 million adults   in households um one-third right one-third 
is expected to face eviction or foreclosure   in the next two months guys that's just the next 
two months so what does this all mean right where   do we go as investors you guys have just heard me 
talk about doom and gloom facts and data and well   as this is all true i'm sure you guys are asking 
the question at this point well daniel what does   that all mean right where do we go what are our 
next action steps where should we invest into well   guys let me give you my thoughts and opinions by 
saying that throughout my days of research i have   found that the most historically stable thing to 
invest into are tangible assets right well what   does tangible assets mean well tangible assets is 
something that you can actually feel touch and you   know it's not going to go away because at the end 
of the day what are bonds stocks mutual funds well   i think they're just pieces of paper they're a 
bunch of letters on a screen and one of the things   i love about investing in real estate is that well 
it's an actual building you can go to the building   and touch it right there's bricks and mortar 
the tenants are real you can touch the grass   right on the property and best of all it's giving 
you cash flow off of something that is a human   need which is a roof over our head right it's 
shelter we all need shelter and the building   itself is tangible well having said that real 
estate investing being the primary tangible asset   ever since the beginning of mankind right ever 
since the first person rented out their first cave   whatever that means there's two ways to go about 
investing in real estate you can either do it   passively or you can either do it actively now for 
those of you guys that are interested in investing   passively guys i actually constructed and created 
a free training it's a free ebook it's very short   it's only about nine pages long on how to properly 
passively invest in real estate without being hurt   and also mitigating your risk i want you guys 
to check out the link in the description again   it's completely free it's my gift to you happy 
holidays merry christmas whatever you say happy   kwanzaa hanukkah whatever you want to celebrate 
right but from me to you merry christmas right   it's a free gift on how to invest passively 
in real estate now the second way to do it is   invest actively now guys for those of you guys 
that want to do it yourself you want to get your   own rental properties you want to invest in real 
estate yourself i've actually took the pleasure of   writing a 290 page book titled zero to 75 units 
in one year how myself my brother and my team   went from zero to 75 rental units all in one year 
it's 290 pages of case studies techniques stories   uh everything pretty much that i did to go from 
zero to 75 rental units in one year the best part   of all guys the book is absolutely free all you 
guys gotta do is just go to zero to 75   the link is also in the description below and you 
guys will get the book all you gotta do is just   pay for shipping so again it's my gift to you so 
again happy holidays merry christmas and of course   as my friend alex jones will say don't forget 
to like this video share it with your friends   and also subscribe to our youtube channel at the 
clock brothers i'll see you guys in the next one

You May Also Like