C-Suite Network™

Menu
Search
Close this search box.

Category: News and Politics

Categories
Accounting Best Practices Biography and History Culture Growth Industries News and Politics Personal Development Taxes

China’s Banks are Failing, Protests Everywhere. China Prepares for Complete Financial Catastrophe.

$6 billion of savings deposits just disappeared, leaving more than 400,000 depositors of six rural banks in central China’s Henan province devastated.

The journey to get to the bottom of how such a large sum of money disappeared started to unravel a series of systemic financial corruption.

Allegations of crime and corruption are spreading through China’s small banks as more depositors are being locked out from their life savings. And it appears the CCP is making the situation worse.

Hundreds of people took to the streets of Zhengzhou to protest their inability to withdraw money from four local banks since April! Similarly, citizens are accusing their local officials of widespread corruption and mismanagement. It’s getting ugly…

The demonstrations turned violent when a group of unidentified men in white shirts attacked the peaceful demonstrators.

Chinese authorities appear to be pinning blame for the banking issues on a group of “criminals” in charge of the local banks. But the issue runs much, much deeper. Watch the video for the full story. This is far from over…

WATCH:

 

Experts are likening the situation to be worse than the US 2008 financial crash and warn of it’s global impact.

WATCH:

For more information visit tylerhayzlett.com

Categories
Best Practices Culture Economics Growth Health and Wellness News and Politics Taxes Technology

WATCH: Will Electric Cars Save the Planet? Or Just Propaganda?

In a recent episode Valutainment’s Patrick Bet-David breaks down the myths surrounding the electric vehicle debate.

Which is timely considering Biden just announced that by 2030 50% of American cars need to be electric or EV’s.

WATCH:

 

But it’s obviously a  little bit more complicated than that.

Here’s why…

Patrick Bet David Breaks Down the Argument For & Against Having EV’s:

In a recent post the Valutainment team investigates and breaks down the argument for and against the environmental impact of the electric vehicle industry. Patrick breaks down;

  • Which industry will benefit the most from EVPS?
  • Who is hurt by EVs?
  • Are EV’s the new Diesel Scandal?

WATCH:

What is Valuetainment?

Valutainment is an entrepreneur channel created by Serial Entrepreneur, Patrick Bet-David. Valuetainment is referred to as the best channel for entrepreneurs with weekly How To’s, Motivation and interviews with unique individuals. About PBD: During the Iranian Revolution of 1978, Patrick’s family had to escape to survive and ended up living at a refugee camp in Erlangen, Germany. At 12 years old Patrick found himself collecting cans & beer bottles to raise money that could help his family and get him a Nintendo.
Thinking of buying an electric vehicle? Read this first…
For more information visit tylerhayzlett.com
Categories
Best Practices Biography and History Culture Entrepreneurship Industries Investing Management Marketing Mergers & Acquisition Negotiations News and Politics Technology

The Ukrainian Immigrant Who Sold WhatsApp to Facebook for $19.3B

Jan Koum is a Ukrainian-American billionaire businessman and computer engineer. He’s the co-founder and former CEO of WhatsApp, a mobile messaging app that was acquired by Facebook in 2014 for an absolutely mind boggling $19.3 billion.

Facebook paid $12 billion in stock and the rest in cash. What’s even more badass than the exit was the fact that Koum arranged for the $19 billion deal to be signed at the same welfare center he used to collect his welfare checks in his teens. Only this time, he drove there in his Porsche.

Jan moved to California from Ukraine when he was 16. As a young immigrant, Koum and his mother had to rely on food stamps. Koum became interested in programming and eventually landed a job at Yahoo! Where he worked for 9 years.

Then in January 2009, Koum bought an iPhone and realized that the then seven-month-old App Store was about to spawn a whole new industry for app creators.

WhatsApp was initially unpopular, but it quickly became one of the fastest growing apps on the market.  WhatsApp allows user to send messages, images, audio or video at a cost significantly less than texting.

The app gained a large user base. So large Facebook was monitoring the app for years obsessively. They were paranoid WhatsApp could eventually be a Facebook killer.

WATCH:

Categories
Accounting Best Practices Biography and History Culture Economics Growth Industries Investing News and Politics Personal Development Taxes

WATCH: Why the Wall Street Journal Says, “a 2022 Recession Would be Unlike Any Other”

Are we in a recession yet?

Many economists think that’s a possibility and by some measurements, we might already be in one.

But then why aren’t people losing their jobs?

Here’s why Wall Street Journal’s Jon Hilsenrath is calling the current economy as a “jobful downturn.”

 

WATCH:

 

For more information visit tylerhayzlett.com

Categories
Accounting Best Practices Biography and History Culture Economics Growth Industries Investing Management Mergers & Acquisition News and Politics Personal Development

Video Exposes the Most Powerful Company You’ve Never Heard of. The Blackrock Story

Blackrock is a company that virtually no one had heard of until recently. They have become one of the largest organizations on the planet with $9 trillion in assets under management.

That’s larger than the gross domestic product (GDP) of every single country around the globe, with the exception of China and the United States.

 

WATCH:

 

For perspective, the grand total of wealth funds managed by over 91 funds across the world is projected to be worth approximately 8.2 Trillion US Dollars. A single investment management firm based out of New York manages more funds than all the sovereign wealth funds in the world.

Crazy right? In fact…

If you were to make $1 every second, you’d be worth as much as BlackRock in about 240,000 years.

What’s more, if you research every major publicly traded company in the world and you’ll find that BlackRock is its first, second or third-largest shareholder. They also apparently own part of CNN and FOX.

How Much of the Media Does BlackRock and Vanguard Own?

  • 18% of Fox
  • 16% of CBS (and therefore also ofSixty Minutes)
  • 13% of Comcast (which owns NBC, MSNBC, CNBC, and the Sky media group)
  • 12% of CNN
  • 12% of Disney (which owns ABC andFiveThirtyEight)
  • Between 10-14% of Gannett (which owns more than 250 Gannett daily newspapers plusUSA Today)
  • 10% of the Sinclair local television news (which controls 72% of U.S. households’ local TV)

So yeah they own a  pretty influential piece of the news.

Where Did Blackrock Come From Anyway?

The Company was co-founded in 1988 by a very well-connected billionaire by the name of Larry Fink, who has been described as “a defacto middleman and lynchpin between Washington, DC, and Wall Street.” The firm operates globally with 70 offices in 30 countries and clients in 100 countries.

BlackRock started making headlines during the 2008 financial meltdown.

When the financial crisis of 2007-2008 hit, the US government hired BlackRock to clean up the mess from the crisis by managing the toxic assets that were owned by firms like the Lehman Brothers, Bear Stearns, Freddie Mac. In fact, even amidst the current financial crisis caused due to the Coronavirus outbreak starting in 2020, the Trump administration turned to Blackrock to bail out companies overleveraged in debt. the government is once again looking for BlackRock’s expertise.

Today, at least three of BlackRock’s leaders now hold prominent roles in President Joe Biden’s cabinet.

Given the company’s habit of forming shadow cabinets ahead of presidential transitions and its involvement in the new Federal reserve programs, Bloomberg even went as far as calling BlackRock our “fourth branch of government.”

Pretty impressive positioning for a company that’s only 34 years old.

WATCH: BlackRock’s Investment Strategy:

For more information visit tylerhayzlett.com

Categories
Accounting Culture Economics Growth Industries Investing News and Politics Personal Development Taxes

40% of All the Money Ever Printed in the US, Was Printed in the Last 12 Months?

The Federal Reserve has been printing money like it’s going out of style in an attempt pay for about $29 trillion in U.S. debt. While it’s nothing new for a government to print money to cover some debt, what is new however, is that the 40% of US dollars in existence were printed in the last 12 months alone.

Which doesn’t seem like it will end well…

 

WATCH:

 

Why is the US Printing So Much Money?

As part of its effort to stimulate the economy, the U.S. government issued stimulus checks to millions of employed Americans. With money they didn’t have…

The government had to borrow by selling its debt in the form of U.S. Treasury bonds and other types of securities.

On a similar but not altogether different note, here’s Charlie Munger and Warren Buffet explaining how, if the government prints too much money, it ends up like Venezuela.

 

WATCH:

 

How Much Money Will the U.S. Print This Year?

For the 2022 fiscal year, a range of 6,876,800,000 to 9,654,400,000 pieces of money will be printed, totaling from $310,572,800,000 to $356,179,200,000.

For more information visit tylerhayzlett.com

Categories
Best Practices Entrepreneurship Human Resources Industries Management News and Politics Personal Development Technology

Amazon Prepares to Launch Delivery Drones. Again…

13 years after Jeff Bezos promised the world drone delivery, it appears they might be making good on that promise soon. The company is planning to roll out its first city this year.

Which feels like something out of a sci fi movie. While it still seems logistically impossible for drones delivery to actually work, I wouldn’t bet against Bezos’ ability to pull it off…

If you haven’t heard of their drone delivery network yet, it’s called Prime Air.

So what the hell is Prime Air exactly?

 

What is Prime Air Anyway?

Prime Air, is a drone delivery service currently in development by Amazon that will deploy delivery drones to autonomously fly individual packages to customers within 30 minutes of ordering.

In order to qualify for 30-minute delivery, your order must be less than 5 lbs. The products also have to be small enough to fit in the cargo box that the aircraft will carry… and have an Amazon delivery location within a 10-mile radius of a participating Amazon fulfillment center.

 

Is This Actually Happening?

In late 2020 Amazon, along with Zipline, Wingcopter and 7 others were selected by FAA to participate in a type certification program for delivery drones. Operations are expected to begin in the town of Lockeford, California later in 2022.

After years of testing and delays, the company is finally set to launch. At least for products 5 pounds or less…

Watch this video to learn more.

 

WATCH:

 

How will Prime Air Actually Work Though?

When a customer places an order eligible for Prime Air, they’ll receive an estimated arrival time and status tracker for their package.

The drone uses a sense-and-avoid system to safely fly packages while also dodging obstacles such as other objects and aircraft.

“As our drone descends to deliver the package into a customer’s backyard, the drone ensures that there’s a small area around the delivery location that’s clear of any people, animals, or other obstacles,” said an Amazon representative.

Once it gets low enough, the drone will release the package and just fly off.

Is Anyone Else Doing Drone Delivery?

Walmart said their drone network could reach up to 4 million households in six states: Arizona, Arkansas, Florida, Texas, Utah and Virginia. Items including Tylenol, diapers and hot dog buns could be delivered in as little as 30 minutes…

Similarly, drone company Wing, owned by Google parent company Alphabet, announced in April plans to launch a commercial drone delivery service in Dallas. Walgreens is among the retailers partnering with Wing to offer items delivered by drone.

For more information visit tylerhayzlett.com

Categories
Accounting Best Practices Biography and History Culture Economics Entrepreneurship Industries Management Mergers & Acquisition News and Politics Personal Development Technology

Is Netflix Collapsing? The Numbers Are Alarming…

It goes without saying, Netflix has been dominated streaming videos like BlockBuster dominated movie rentals. However new players are catching up and giving the iconic brand a real run for their money.

In a shocking reveal, instead of achieving the target of adding 2 million new subscribers in Q1 2022 that it set for itself three months earlier, they ended up losing 200,000 subscribers…Ouch

This is the first time the company has net loss of subscribers.

This could just be the tip of the ice burg as Netflix is expecting to lose an additional 2 million more subscribers in the ongoing quarter. The market response was brutal. Netflix lost ¼ of its value as the stock price tanked 25% in 1 day.

Competition is cut throat with the emergence of Disney, Hulu, HBO, Paramount, Peacock, Apple and Amazon. This has presented a serious challenge now as people are ditching Netflix for those streaming services that are available at much more competitive prices (Netflix premium is up to $19.99/month which is almost double the competition).

Pricing be damned, the other problem plaguing Netflix is their competitors are reducing the pool size of originalHollywood content they got to pick from over the last decade.

TV and film companies have more options of providers to negotiate with.

 

WATCH:

 

For more information visit tylerhayzlett.com

Categories
Accounting Best Practices Biography and History Culture Economics Entrepreneurship Industries Management Mergers & Acquisition News and Politics Personal Development Technology

Is Netflix Collapsing? The Numbers Are Alarming…

It goes without saying, Netflix has been dominated streaming videos like BlockBuster dominated movie rentals. However new players are catching up and giving the iconic brand a real run for their money.

In a shocking reveal, instead of achieving the target of adding 2 million new subscribers in Q1 2022 that it set for itself three months earlier, they ended up losing 200,000 subscribers…Ouch

This is the first time the company has net loss of subscribers.

This could just be the tip of the ice burg as Netflix is expecting to lose an additional 2 million more subscribers in the ongoing quarter. The market response was brutal. Netflix lost ¼ of its value as the stock price tanked 25% in 1 day.

Competition is cut throat with the emergence of Disney, Hulu, HBO, Paramount, Peacock, Apple and Amazon. This has presented a serious challenge now as people are ditching Netflix for those streaming services that are available at much more competitive prices (Netflix premium is up to $19.99/month which is almost double the competition).

Pricing be damned, the other problem plaguing Netflix is their competitors are reducing the pool size of originalHollywood content they got to pick from over the last decade.

TV and film companies have more options of providers to negotiate with.

 

WATCH:

 

For more information visit tylerhayzlett.com

Categories
Best Practices Culture Entrepreneurship Health and Wellness Human Resources Management News and Politics

Active Shooter – Are You Prepared?

 

By Brian Searcy
Active Shooter – Are You Prepared?

May 28, 2022

I am sure that most if not all of you are aware of what happened in Uvalde TX on Tuesday.  19 Young Students and 2 Teachers Killed in a horrific School Shooting at Robb Elementary School. Our prayers go out to the entire Uvalde Community.

We are starting to get a report that the door that the shooter entered through was unlocked.  That is consistent with what I saw from the video of him entering the school.  With most of our clients, prior to participating in our Situational Awareness Programs, it was not an unusual occurrence for doors to be unlocked, to be propped open, for people to be able to “hitch hike” into the building.

And this didn’t just apply to businesses, schools and churches.  It applies to you in your home as well.  The number of examples we have of people being victims because they do not lock their home, turn outside lights on, leave their cars unlocked are way too many to count.

What we do know.  After going through our program, Situational Awareness Habits, Behaviors, and Mindset were learned and developed through the continuous practice of their process.  They now keep the doors closed and locked and have a continuous awareness of what is going on around them.

An active shooting event like this, unfortunately today, can happen anywhere, not just at schools.

Details are still coming in.  Could this event have been prevented if there had been different training, if the people in the school and community had learned and developed Situational Awareness?  As mentioned above about the unlocked door, perhaps it could have been prevented, or a locked door could have added some additional “time and space” to all the emergency responders to arrive.

But we may never know.  What we do know is that you, your family, your schools & churches, your businesses & your communities are more safe when this skill is part of your safety, security, mental health and leadership learning programs.

 

You are able to identify the changes in behavior, the indicators of potential problems, AND be empowered to do something about it.

Many people today do notice behaviors, even indicators, but then they do not ACT on it.

Remember, the World is Not a Safe Place today.

HOPE IS NOT A STRATEGY!

Have you thought about what you would do in this type of situation?  Do you know what you are capable of doing?  Are you looking for the indicators so that you can potentially stop these types of events from happening?

If you have not developed your Situational Awareness Habits, Behaviors and Mindset and to not practice a process, give the Paratus Group a call.

Remember, WE are the First Responders.

Contact us to get the training you need.

Brian Searcy, Col (Ret) USAF

President – Paratus Group

Brian@Paratus.Group

940.231.3195