Lessons From Global Financial Crises, with Lucia Dore - Ways to Wealth EP120

In this episode of the Ways to Wealth Podcast, Charlie is joined by Lucia Dore!Lucia is a financial journalist, former economist, and co-founder of Learn Business English at Scripters. She previously worked at the New Zealand Treasury forecasting inflation and operating surplus before spending nearly two decades in the UK and Middle East, where she led a mergers and acquisitions news service across global markets.Charlie and Lucia explore information advantages across the financial world, comparing the transparency of Western markets with the opacity of parts of the Middle East. They discuss leverage as the consistent cause of financial crises, from the Great Depression to the recent challenges in New Zealand’s property market.Lucia shares insights on the shift from property speculation to building personal IP and vocational wealth, emphasising the long-term mindset required to create meaningful financial security. The conversation also dives into cryptocurrency volatility, US dollar reserve status, global liquidity differences, and how geopolitics shapes both risk and opportunity for investors.At the heart of the discussion is a timeless insight: patient, unleveraged long-term investing reliably outperforms short-term speculation. Anything good, as Lucia says, takes 10 years.Find out more about Lucia Dore Consultancy here: https://www.luciadore.comWatch all episodes of the Ways to Wealth Podcast here: https://www.eccuity.com/podcasts