Financial Cold War
The WealthAbility Show Episode #105: Financial Cold War w/ James Fok
China and The U.S. are battling for global supremacy. In this episode, James Fok joins Tom to discuss how this battle is a financial cold war, with the U.S. dollar, taxes, and technology on its front lines.
00:00 - Intro
03:55 - How Does The Reserve Currency Impact Global Business?
05:16 - How Does The U.S. Dollar Acting As The World’s Reserve Currency Impact Consumers?
08:31 - How Does The U.S. Dollar Impact Current Inflation?
10:35 - How Do Chinese & U.S. Policies Create Income Inequality?
13:22 - What Role Do Tax Policies Play In Contributing To Income Inequality?
20:13 - How Will Proposed Global Tax Policies Impact Income Inequality?
29:28 - What’s Driving Hong Kong’s Income Inequality?
38:44 - Is Financial Education A Solution To Income Inequality?
Looking for more on James Fok?
Website: https://jamesafok.com
Book: “Financial Cold War”
Tom Wheelwright, #CPA is a Best-Selling Author, Entrepreneur & Worldwide Authority on Tax. https://wealthability.com/tom/
**********************************
PODCAST: WealthAbility® For CPAs
**********************************
Listen & Subscribe on iTunes, Stitcher & Spotify! https://wealthability.com/thenetwork/ YouTube Playlist https://www.youtube.com/playlist?list=PLydsKeyc6R5w4v9sPfqBPMGGY9Ar-1vCs **********************************
Resources
**********************************
Tom’s Book: Tax-Free Wealth https://taxfreewealthbook.com Visit WealthAbility®
https://wealthability.com/ Sign up for Tom’s Free Weekly Report
https://wealthability.com/getreport/ Schedule A Call With My Team
Social Media
***********************************
Facebook (Tom Wheelwright) https://www.facebook.com/Tom.Wheelwright.CPA/
Facebook (WealthAbility®) https://www.facebook.com/4wealthability/
Facebook(Tax-Free Wealth Book) https://www.facebook.com/TaxFreeWealthBook/
DISCLAIMER: WealthAbility® does not provide tax, legal or accounting advice. The materials provided have been prepared for informational purposes only, and are not intended to provide tax, legal or accounting advice. The materials may or may not reflect the most current legislative or regulatory requirements or the requirements of specific industries or of states. These materials are not tax advice and are not intended or written to be used, and cannot be used, for purposes of avoiding tax penalties that may be imposed on any taxpayer. Readers should consult their own tax, legal and accounting advisors before applying the laws to their particular situations or engaging in any transaction.