Chae

[Chae @chaewon_19]

@wealthpotion amazing !!! So proud of you

[Chae @chaewon_19]

@wealthpotion 한국 사람 🖤

[Chae @chaewon_19]

@wealthpotion Inflation is poison !!

[Chae @chaewon_19]

@wealthpotion So excited for this video!

[Chae @chaewon_19]

@wealthpotion First one !!

[Chae @chaewon_19]

@wealthpotion 🖤

[Chae @chaewon_19]

@wealthpotion AMAZING

[Chae @chaewon_19]

Preventive healthcare system in Korea 🙊🫶🏻

[Brandon Bedford @wealthpotion]

Korean Health Checkup vs. Canada:

- Eye checkup
- Ear checkup
- BMI and body fat measurement
- Vision test
- Blood pressure test
- Oral examination
- Abdominal and gastric ultrasound
- Lung capacity test
- ECG
- Chest X-Ray
- Blood test
- CT scan
- Arterial calcium test
- Endoscopy
- Urine test
(Colonscopy and stool test available but i opted out)

Total cost: ~$120

In Canada, Medcan is the closest equivalent and costs ~$2,500

Cost aside, two of my biggest observations:

1. MedCan in Canada is for the very wealthy. The health clinic I’m at in Korea is full of working / middle class people. How much does this save the healthcare system in the long run?

2. When I got my endoscopy in Canada in 2021, they found a hiatal hernia. I asked when I should get checked again. The doc’s response? “Come back when you’re 60.” In Seoul, they recommended I come back in 2 years.

tl;dr - The Canadian healthcare system is garbage and healthcare tourism as an industry is going to explode.

Where can I invest on this thesis?

[Chae @chaewon_19]

@wealthpotion I left Canada after living there for 10 years because I realized my home country is actually safer, life is more convenient and better in so many aspects

[Chae @chaewon_19]

@wealthpotion Finally!! So proud of you and excited for your next journey 🖤

[Chae @chaewon_19]

@wealthpotion So excited to follow your journey and learn from you!

[Chae @chaewon_19]

@wealthpotion Bitcoin is the 🐐

[Chae @chaewon_19]

@wealthpotion how many times do u think about the Roman Empire

[Chae @chaewon_19]

@wealthpotion and be consistent 🫶🏻

[Chae @chaewon_19]

@wealthpotion with inflation a dollar today will be less than a dollar tomorrow 🥲

[Chae @chaewon_19]

@wealthpotion Just do it

[Brandon Bedford @wealthpotion]

🧪 Aug 21, 2023: Could the Panama Canal traffic jam kill the Fed's hopes for crushing inflation?

There is currently a huge backlog of 200+ ships waiting to cross the Panama Canal due to drought.

The Panama Canal is a critical trade route that allows ships to pass between the Atlantic and Pacific Oceans, without having to go around South America or North America.

Aren't all the oceans connected? How could drought affect the water levels?

The Panama Canal actually uses fresh water that pours in from 17 surrounding artificial lakes to operate.

This backlog of ships will cause an increase in shipping costs for the routes involved, along with delays.

🪄 How to profit from it:

We can look at a similar event for hints as to how the market will react - the Suez Canal obstruction in March 2021.

Of course, there were many other factors at play in 2021, including massive supply chain disruptions due to the pandemic and related lockdowns.

And what does higher shipping costs lead to? Inflation.

Looking back at today's issues at the Panama Canal, even Bloomberg reported in June 2023 that this year's weather could cause inflation issues:

The Wall Street consensus seems to be that inflation has been tamed and that the Fed will be able to cut rates later this year.

Does this change the Fed's calculus? What about the market's expectations?

How are you changing your investments in light of this news?

[Chae @chaewon_19]

@wealthpotion 🤯 would not have thought the Panama Canal & inflation would be related

[Chae @chaewon_19]

@wealthpotion Working towards it

[Chae @chaewon_19]

@wealthpotion When u think ur richer but ur actually poorer 🥲