What Schools Will Never Teach You About Money By Robert T. Kiyosaki

 
What can I do?
Short Answer 
Reduce risk.
Fin Ed Definition
Debt-to-GDP ratio is a comparison of what a country owes to what 
it produces, indicating the country’s ability to pay back its debt.
For example, in Japan’s case, their GDP is approximately $5 trillion, 
the fourth largest economy in the world, and their reported debt is 
approximately $10 trillion. This is approximately $75,000 per person.
Japan’s debt-to-GDP ratio is similar to a worker earning $50,000 a year 
with $100,000 in credit-card debt. To make matters worse, the worker is 
using credit cards to pay the interest on their $100,000 debt, an action 
that only increases the debt.
In very simple terms, debt-to-GDP ratio is a country’s credit score.
FAQ 
Why is debt rising?
Short Answer
 
Countries are like many people: They spend more than they produce 
and make promises they cannot afford.
Explanation 
The largest growing debt for the United States comes from Social 
Security and Medicare, aka promises we cannot afford.
FAQ 
Were the social promises made by Democrats or Republicans?
Short Answer 
Both.
Explanation 
Social Security was created under President Franklin Roosevelt, a 
Democrat, during the last depression.
Medicare was created under President Lyndon Johnson, a Democrat.
Medicare comes in three parts, A, B, and C.

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Chapter Four
Unfair Advantage
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Those three are:
1. Learn to sell (control income).
2. Learn to invest in real estate (control debt).
3. Learn technical investing (control markets).
These three courses are important for people who want to be in the B 
and I quadrants. These three courses reduced my risk and increased my 
control in the B and I quadrants.
FAQ 
I understand why selling is important if you want to be an entrepreneur. 
I know why using debt to achieve long-term cash flow is important if you 
want to invest in real estate. But why technical investing?