The Savings Expert: The Truth About America Collapsing! The Cost of Living Is About to Skyrocket!
In this 28 April 2025 video, host Steven Bartlett talks with Morgan Housel, a tariff expert, investor and bestselling author of ‘The Psychology of Money’ and ‘Same As Ever’, is one of the world’s top experts on financial psychology, economic collapse warnings and building true financial freedom. His life-changing insights have transformed how millions approach money, investing, and wealth-building.
https://youtu.be/uxu37dqVR90
00:00 Intro
02:00 Timeless Lessons of Greed, Wealth, and Happiness
04:40 The Current Tariff Situation in 2025
06:54 What Are Tariffs?
11:41 Trump’s True Reason for the Tariffs
18:13 Why Is China the Factory of the World?
20:25 China Stopped Being a Cheap Labour Country
22:54 What’s the Impact of the Tariffs?
24:57 America’s Trust
26:32 Are We Heading for a Recession?
29:20 The Importance of Backups During a Recession
30:38 How to Be Financially Free in 2025
35:49 The Evolutionary Desire to Show Off — Status
40:32 Salary Differences
42:58 We Have a Distorted View of Financial Wealth
44:18 Advice for the Economic Crisis
45:44 How Much Money Do You Need Saved?
46:45 The Impact of AI in Our Wealth Building
56:11 The Skills You’ll Need in the AI Era
57:45 How to Have a Money Mindset
01:00:35 Why People Get Stuck in Crypto Scams
01:03:13 Women vs. Men: Who’s Better at Saving and Taking Risks?
01:05:54 Crypto
01:07:02 What History Tells Us About New Technologies, Wealth, and Failure
01:08:30 Could the Crypto Security System Be Broken?
01:10:00 The Strategies Wealthy People Use
01:11:34 Intelligence vs. Endurance
01:13:07 Why Is Perseverance Key?
01:14:51 The Best Way to Have a Big Investment Return
01:16:40 The Power of Compounding in Your Savings
01:21:46 How Money and Psychology Are Linked
01:26:42 You Need to Change Your View on Savings
01:30:50 Biggest Regrets of People on Their Deathbeds
01:37:00 The Most Asked Questions About Finances
01:40:56 Where Are Your Investments Allocated?
01:41:43 Vanguard Index Fund
01:49:33 Where to Invest Spare Cash?
01:56:04 The Dangers of Retiring
02:03:10 How to Live a Happy Life
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