Posted by Michael Moore-Jones on June 2, 2011 1:08 am

Prime Minister John Key on Finance & Debt Lessons

The Right Honorable John Key, Prime Minister of New Zealand, has kindly taken the time to record a video for TDTYTIS.

He talks about financial lessons he wishes he had learned, especially regarding debt, which is a very relevant subject to everyone in the world today. Prior to entering politics, Mr. Key was the global head of foreign exchange for Merrill Lynch.

We think this is a hugely important topic, and the detail Mr. Key goes into gives clear background to the topic and how everyone can be careful regarding debt.

Discuss the topic and give your view in the comments!

Quentin Todd

How did u get the PM for an interview?????
Teacher

… is taught in Year 10 Economics class
Jim Mitchell

And is reverentially received? Acted upon scrupulously? Taught and widely ignored? Frankly I think the terrifying consequences of runaway debt cannot be stressed enough. Of course it’s probably all Greek to most students… but life itself will administer those lessons if they’re not learned earlier/

TDTYTIS is an ever-growing library of life lessons and advice.

As each generation grows up, individuals will make mistakes and learn a huge amount. But they don't stop to pass the lessons that they've learned onto younger generations. Therefore, each generation grows up making the same mistakes and using up time that they could be using creatively.

The videos and articles here on TDTYTIS will allow you to learn from the combined knowledge and experience of other generations, so that you can be more effective in whatever you do in life.