#6 What is Causing the Highest Income Inequality Since Pharaohs- Mike Abdelsayed

Welcome to 'Business News and Other $#!T', I am your host Amer and thank you so much for tuning in to a show that has been called the perfect listen for busy fifth graders with ADD. I am an aspiring stand up comedian, improvisor and stay at home dad. In a previous life I graduated from the University of Chicago (cough - the Harvard of the midwest) with an A.B. in Economics and for 10 long years I worked as an Executive director for JP Morgan (cough - selling my soul). You may be asking why someone in their right mind with a wife and two kids would give up such a prestigious and profitable position to become a lowly comedian? And to that I would say uh because it's way more fun and maybe don't be such a jerk about it.... Our goal with the show is to entertain you with funny stories, jokes, and one liners about investing and hopefully make you a stronger and more financially secure young person. Basically we want to help you increase the size of your back up stash. Back up stash being that secret stash of money that keeps you afloat after you tell that horrible boss to get effed and/or you want to travel around South East Asia for 6 months. So join us every Thursday as we tell some funny stories, some jokes, have a good ol time, and maybe learn some important things. 1:00 Intro to Mike's School - https://www.thecomedyclubhouse.com/ 3:00 One group mind improv comedy school - Comedy Club House 5:00 Elon Musk's tweet - “Funding Secured” 7:00 Trade War 10:00 Tech stocks 16:30 Current level of income inequality has not been seen since the Pharaohs 20:30 Crazy idea on how to decrease the wealth discrepancy 29:30 Dealing with money anxiety 43:00 Nikola Tesla 47:30 Don't buy or sell Tesla. Buy on volatility. 48:30 Trade war and what it means 52:00 Technology