Manage episode 294500574 series 2631573
Trillions of dollars of funny money are being created by the Fed, and for a lot of people, everything seems good. Unfortunately, the experience of today’s guest tells him otherwise.
Doug Casey is the author of “Crisis Investing” and a world-renowned speculator, libertarian, and philosopher who says, “I believe we’re well into what I call The Greater Depression. A lot of people believe we’re in a recovery now; I think, from a long-term point of view, that is total nonsense. We’re just in the eye of the hurricane and will soon be moving into the other side of the storm.”
Casey warns listeners that the U.S. government is acting the way the Argentine government has and fears that it will lead to a diminished standard of living and violence in the streets as thousands of Americans are under real financial pressure.
Host Robert Kiyosaki and guest Doug Casey discuss America’s economic outlook following the Fed’s printing spree over the last several years.
Read more from Doug Casey: www.internationalman.com
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