Holistic Survival Show - Economic Crisis

Holistic Survival Show - Economic Crisis


532 FBF: Breaking Point: Profit from the Coming Money Cataclysm with James Davidson

February 07, 2020

Today's Flash Back Friday comes from Episode 296, originally published in March 2017. Jason Hartman talks with James Dale Davidson, co-founder of Agora Publishing, Founder of the National Taxpayer’s Union, co-editor of Strategic Investment for the Sovereign Society, and founder of Newsmax. James has just written his newest book, The Breaking Point: Profit from the Coming Money Cataclysm. James believes that, in his lifetime, we are likely to see a massive marketplace disaster compliments of Obamacare, Chinese ghost towns, printing money, and other bad economic decisions. Key Takeaways: [1:50] The current business model and social contract which supported it is no longer in the Western Civilization. [6:27] Shorter life expectancy for middle-class white voters may have led to more votes for Trump [9:43] What does the US economy look like under a Trump presidency? [10:57] James' latest book, The Breaking Point, examines the relationship between drug companies and the food industry. [14:49] Our politicians need someone with business savviness to help them along [18:30] James sees similarities between Bernie Sanders and Karl Marx. [20:32] Fake capital lets people borrow money practically for free [27:56] Why continually passing the buck to the next generation isn't a good idea [31:52] Chinese ghost towns used more cement in a dozen years than our entire country did in the 20th century [37:57] Most of the copper used by the Chinese came from Chile. [41:18] We are staring into the face of the biggest economic crisis in history Website: The Breaking Point: Profit from the Coming Money Cataclysm www.SovereignSociety.com