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Felix Nikolas Prehn, economist and former investment banker, explains the 4 cracks pulling Europe apart, which of them have already reached America, and what to do with your own money before the rest arrive. š”Learn the "Midterms Investing Opportunity". Get your free seat for Saturday at https://midtermsinvesting.com š¶ Get your 30 day free trial to the Winston Metals & Stock App & lock in the Founders Tier at: https://gogetwinston.com š Get your free research report at felixfriends.org/europe The video starts with the headlines nobody wants to join up: a French president warning that Europe can die, teenagers blockading hundreds of their own schools, thousands arrested, and Volkswagen shutting a German factory for the first time in 89 years. While the cameras point at the riots, the people with real money are doing something far more telling, they are leaving. Britain is now one of the top 5 places on Earth the wealthy ask for help to leave, Norway's richest have moved to Switzerland, and names like Wise, Flutter and CRH have shifted their main share listing to New York. Felix sets out 4 cracks underneath all of it. Crack 1, the pension and welfare promises no government ever funded, paid by fewer workers every year and papered over with printed money that waters down your savings. Crack 2, a young generation locked out of the homes and security their parents had, which feeds straight back into the first crack. Crack 3, energy and costs so high that even the best factories in Germany cannot win, which is why Volkswagen and BASF are shrinking at home. Crack 4, the money and the talent walking out, the one that decides what happens to your savings, because money flows to wherever it is treated best. Then he puts America side by side with Europe. The big national pension promise is already on track to run short in the mid 2030s on the government's own numbers. The young being locked out is starting here too. On energy, America sits on the better side for now, which is why factories are moving towards it. And the money is still flowing in, the single best thing the country has going for it, and the hardest to take for granted. Same 4 cracks, a slower clock. He closes with a plain 3-step plan: look honestly at where your money actually sits and what it is really exposed to, own real productive things and businesses with the power to raise prices rather than cash and promises, and understand the moment you are in going into the American midterms. Not a reason to panic, a reason to be arranged properly while there is still time to choose. About Felix Nikolas Prehn Felix Nikolas Prehn, also known as Nikolas Prehn, is an economist and former investment banker, born in Germany. He is a tech founder: he co-founded TradeVision.io (Acetrader Inc), founded Winston Daily and The Prehn Institute, and publishes weekly on YouTube. He is also a painter and sculptor and a public advocate for animal rescue. Biography: https://felixprehn.com/about Website: https://felixprehn.com Essays: https://felixprehn.com/writing Research profile (ORCID): https://orcid.org/0009-0003-0238-8790 X: https://x.com/felixprehn Felix Nikolas Prehn, economist and former investment banker, on four structural cracks in Europe and whether America faces the same risks. Timestamps: 00:00 Europe is burning and breaking 00:31 The wealthy are leaving Europe 01:02 Four cracks under the surface 02:03 Promises nobody can pay for 05:06 Printing money erodes your savings 08:11 The young generation locked out 09:14 Housing unaffordability feeds back into pensions 09:45 Europe made it too expensive to build 11:46 The money and talent drain 13:49 America compared to Europe today 15:51 Same four cracks on a slower clock 16:54 Three steps to protect your portfolio 18:26 Europe further down the same road #FelixNikolasPrehn #NikolasPrehn #FallOfEurope
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