Why Everything Is Suddenly So "Extreme"

To learn for free on Brilliant, go to http://www.brilliant.org/howmoneyworks. Brilliant’s also given our viewers 20% off an annual Premium subscription, which gives you unlimited daily access to everything on Brilliant.

-----

Sign up for our FREE newsletter! - https://www.compoundeddaily.com/

Books we recommend - https://www.howmoneyworkslibrary.com/

Listen on Spotify - https://open.spotify.com/show/5gi1Job...

-----

My Other Channel: ‪@HowHistoryWorks‬ ‪@HowMoneyWorksUncut‬

Edited By: Svibe Multimedia Studio

Music Courtesy of: Epidemic Sound

Select Footage Courtesy of: Getty Images

📩 Business Inquiries ➡️ [email protected]

Sign up for our newsletter https://compoundeddaily.com 👈

All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind.

----

The word “unprecedented” is seeing an… unprecedented amount of use in the world at the moment.
Its prevalence has roughly quadrupled over the last 2 decades…
In 2020 it was Oxford's word of the year, and since then it seems like everything, everywhere is… unprecedented…
Now obviously the internet is not afraid to use a little bit of hyperbole and emotive language to drive clicks or panic purchases… but there is more to it than that…
Within just the last month France, Japan and Lithuania all had their Prime Ministers resign in varying levels of disgrace… Nepal’s was literally chased out of his country… and Brazil sentenced their former President to 27 years in prison…
mass protests are taking place right now in the UK, Spain, Italy, Serbia, Indonesia, Angola, Slovakia and France, (although that last one may be more newsworthy if they weren’t protesting).
The new richest man in the world Larry Ellison made more money in a single day than any person in history. And now he and the number 2 spot (Elon Musk) are currently worth more than every billionaire in the world was back in the year 2000.
And of course last week's headlines were dominated by stories of political violence.
Now this channel is not about the world's problems, it’s about business, finance and economics…unfortunately that’s exactly the point…
People who are financially comfortable are not normally this discontent.
You can blame this all on whatever particular politician or group you don’t like, but they are a symptom of wider problems, not the origin.
The unprecedented trend of unprecedented trends is longer and wider than any single person's influence and it’s showing up in more places than you realise.
Debt, Inequality, Fraud, Political Polarisation, rhetoric, Influence, Wealth, Corruption… even stuff like video games… if you are playing online for some silly reason like “fun”... prepare to get dumpstered by someone trying to make it their career….
everything is seemingly more extreme than it ever has been before…
So the question is… why?