We're Entering 'Greater Depression': Brace For War, Sovereign Defaults | Doug Casey

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  • čas přidán 2. 06. 2024
  • Doug Casey, best-selling author, discusses what is going to be a "Greater Depression", where lower living standards will affect the populace.
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    *This video was recorded on April 29, 2024
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    FOLLOW DOUG CASEY:
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    *This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.
    0:00 - Intro
    2:20 - Global economic growth
    7:50 - Fighting hyperinflation
    10:55 - Dollarization in Argentina
    15:45 - Capital gains taxes
    18:05 - Global debt problem
    20:00 - Trigger for next Great Depression
    24:50 - Speculating in gold
    29:20 - Mining stocks
    38:39 - Interest rates and bonds
    43:00 - Passport portfolio
    45:00 - Post-secondary education
    48:22 - Doug Casey's work
    #economy #investing #money

Komentáře • 776

  • @TheDavidLinReport
    @TheDavidLinReport  Před měsícem +36

    You’re being watched RIGHT NOW and the only way to stop it is by using a VPN. Avoid hacks and protect your privacy before it’s too late! NordVPN offers 65% Off on a 2-year plan +4 extra months! Try it for 30 days or GET YOUR CASH BACK!
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    What is the biggest threat facing the global economy today? Comment below what you think and don't forget to "like" this video and subscribe!
    FOLLOW DOUG CASEY:
    Doug Casey's Take: www.youtube.com/@DougCaseysTake
    International Man: internationalman.com/
    Twitter (@RealDougCasey): twitter.com/RealDougCasey
    "Speculator": www.amazon.ca/Speculator-Doug-Casey/dp/0985933259
    "Drug Lord": www.amazon.ca/Drug-Lord-Doug-Casey/dp/194744901X
    "Assassin": www.amazon.ca/Assassin-Book-High-Ground-Novels/dp/1947449095

    • @yawzerdoink-a-sore-as8159
      @yawzerdoink-a-sore-as8159 Před měsícem +4

      The window watchers 😂

    • @issenvan1050
      @issenvan1050 Před měsícem

      How should BTC miners perform during the upcoming recession? Is Doug still buying them?

    • @toningtony8411
      @toningtony8411 Před měsícem +1

      Not true thats not what vpn does

    • @georgelien
      @georgelien Před měsícem

      Well, Warren’s company did >__< Then it sold out Gold miner stocks after he found out

    • @georgelien
      @georgelien Před měsícem +1

      30Y US Treasury can be traded in open market

  • @DennisJack-km8ho
    @DennisJack-km8ho Před 12 dny +221

    I wonder if those who experienced the Great Depression had it easier than others, as my stock portfolio has already lost more than $35K. I worry about my retirement prospects because of my inert reserve.

    • @teresita2-
      @teresita2- Před 12 dny +3

      You have an opportunity to rebalance thanks to volatility. In order to help you diversify your portfolio, you must hire a financial counselor or broker.

    • @Sampson-jh7yq
      @Sampson-jh7yq Před 12 dny +2

      To be safe and not second guess your market decisions, I’d suggest you reach out to a proper investment adviser for guidance, they understand better market patterns and adjusting portfolio to match up with these market trends.

    • @alicegomez7232
      @alicegomez7232 Před 12 dny +2

      This is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself

    • @Sampson-jh7yq
      @Sampson-jh7yq Před 12 dny +1

      Monica Shawn Marti is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @RuthEvelyn-rc3bg
      @RuthEvelyn-rc3bg Před 12 dny +1

      Thank you for this. I'll send her an email, and I hope I'm able to make something out of it.

  • @_observer_-xk7hb
    @_observer_-xk7hb Před měsícem +59

    He hits the nail on the head at 41:55.
    "The economy is over financialised. There are way too many people shuffling dollars around, buying and selling stocks, not producing anything".
    This is the core of the problem.

    • @nakanashun5009
      @nakanashun5009 Před 18 dny +2

      Absolutely and compounding this problem is unnecessary taxing which greatly reduces the average persons ability to create wealth via building or business which injects the money back into the economy

    • @longydongy1004
      @longydongy1004 Před 16 dny

      I’ve said this for years

    • @user-uq7yr9mg3j
      @user-uq7yr9mg3j Před 16 dny

      Stop blaming taxes.. they are on high side but it's the debt based society that is unsustainable... interest rates should all be zero or near to it.. its a ponzi scheme... but we got mad at Maydoff and don't care about this... no difference

    • @GeeWEF
      @GeeWEF Před 14 dny

      The core of the problem is enunciated by the Federal Reserve and the Congress of the United States and a complete disregard for God, country and family.

    • @zztop8592
      @zztop8592 Před 12 dny

      This is why so many people are lazy, they make decent money doing nothing but screwing other people over!

  • @alexmarshall8894
    @alexmarshall8894 Před měsícem +178

    Bro the window washers absolutely killed me hahaha.

    • @deborahcurtis1385
      @deborahcurtis1385 Před měsícem +16

      LOL so the background is not a screen based one!

    • @maxs351
      @maxs351 Před měsícem +13

      David is real 💯

    • @dianadeejarvis7074
      @dianadeejarvis7074 Před měsícem +12

      I wonder if the window washers know whom they photobombed.

    • @Hunting4Data
      @Hunting4Data Před měsícem +7

      Ain't no greenscreen from a basement here. The authentic touch weirdly elevates it lol

    • @Fearzero
      @Fearzero Před měsícem +2

      They got to see David in his underwear lol.

  • @CarlosGonzales-wm8xx
    @CarlosGonzales-wm8xx Před měsícem +105

    Thank you for not editing out the window washers; a slice of the real world. David, I enjoy this new show of yours. You are doing in-depth interviews with great guests.

    • @brian6x
      @brian6x Před měsícem +3

      Window washers! classic! lol

    • @barryfleming8488
      @barryfleming8488 Před 25 dny +2

      No ego. The guests are free to speak.

  • @CollectorChronicles
    @CollectorChronicles Před měsícem +30

    Great interview. My favorite soundbite of all time from Mr. Casey is when he was asked what young people should do to make themselves valuable in the future considering AI. His response was "the most important skill is to be able to sit in front of someone, like I'm doing with you, and talk."

    • @jcgoogle1808
      @jcgoogle1808 Před měsícem

      This guy is a crackpot.
      1. He obviously doesn't know how the euro-dollar system works,..
      He thinks all of the dollars outside the US are coming back in a flood that will cause hyper inflation.
      No,,, the government deficit spending like drunken sailors causes inflation.
      Euro-dollars are an overseas medium of exchange created by foreign banks. They have no tie to the US government, the Fed,.. and are NOT debts owed by the US government or debt or loans to US banks.
      2. He obviously doesn't understand how the Fed works.
      The Fed doesn't print money itself or force the government to deficit spend like drunken sailors, issue treasuries and/or have the treasury print money.
      The Fed can only react to criminalfiscal abuse.
      3. He thinks gold miners are a good bet, but US bonds are not.
      4. He thinks the US should default on all of its debt,.. so's not to pass it on to future peeps.
      Apparently he doesn't understand the voter age is 18 to infinity (since demcorats so often recruit a large percent of their votes from thedead,.. And we won't mention non citizenillegalaliens)..
      That the younger generations are the ones voting for stimi checks and free stuff.
      The retired boomers aren't given a check,.. they paid into a system (SS & medicare) that owes them money.
      5. He obviously doesn't understand the financial and the capitalistic system if he thinks there's to much of it.
      That's enough for now.
      NEXT!

  • @behumanbekind
    @behumanbekind Před měsícem +82

    Doug Casey is the Mike Tyson of sensible thinking.

    • @EatMyOats
      @EatMyOats Před měsícem +6

      Tyson: Everyone has a plan, until they get hit hard in the face. 😮

    • @jcgoogle1808
      @jcgoogle1808 Před měsícem

      This guy is a crackpot.
      1. He obviously doesn't know how the euro-dollar system works,..
      He thinks all of the dollars outside the US are coming back in a flood that will cause hyper inflation.
      No,,, the government deficit spending like drunken sailors causes inflation.
      Euro-dollars are an overseas medium of exchange created by foreign banks. They have no tie to the US government, the Fed,.. and are NOT debts owed by the US government or debt or loans to US banks.
      2. He obviously doesn't understand how the Fed works.
      The Fed doesn't print money itself or force the government to deficit spend like drunken sailors, issue treasuries and/or have the treasury print money.
      The Fed can only react to criminalfiscal abuse.
      3. He thinks gold miners are a good bet, but US bonds are not.
      4. He thinks the US should default on all of its debt,.. so's not to pass it on to future peeps.
      Apparently he doesn't understand the voter age is 18 to infinity (since demcorats so often recruit a large percent of their votes from thedead,.. And we won't mention non citizenillegalaliens)..
      That the younger generations are the ones voting for stimi checks and free stuff.
      The retired boomers aren't given a check,.. they paid into a system (SS & medicare) that owes them money.
      5. He obviously doesn't understand the financial and the capitalistic system if he thinks there's to much of it.
      That's enough for now.
      NEXT!

    • @audio-obsession8845
      @audio-obsession8845 Před měsícem +2

      Coked up Tyson or bite an ear Tyson?

  • @MgtowRubicon
    @MgtowRubicon Před měsícem +59

    The FED's mandate is NOT price stability or full employment.
    When you understand that the FED has only two mandates (i.e., reasons to exist), then the FED's actions are clear and predictable.
    1. Prop up the insolvent banking system by inflating asset (collateral) prices.
    2. Monetize the government deficit spending.

    • @goldeneggduck
      @goldeneggduck Před měsícem +8

      3. If required, pass the costs to the people!

    • @Thanatar13
      @Thanatar13 Před měsícem +6

      @@goldeneggduck #3 isn't conditional though, it's guaranteed. And if there's no costs, they'll come up with some amount to embezzle all the same.

  • @walkonearthofficial
    @walkonearthofficial Před měsícem +80

    The window washers absolutely awesome 😂

    • @gmw3083
      @gmw3083 Před měsícem +3

      It's not a greenscreen.🫨

    • @feelnrite
      @feelnrite Před měsícem +1

      I wonder what all they see?

    • @vincentyeo88
      @vincentyeo88 Před 28 dny +1

      @@feelnrite
      Get them as guests for the show. 👀🤣

    • @JS-jh4cy
      @JS-jh4cy Před 17 dny

      What do they use? They not going to use brics currency except for toilet paper

  • @seld6019
    @seld6019 Před měsícem +27

    Doug Casey is a brilliant man, thank you for this interview.

  • @DominelliGuitars
    @DominelliGuitars Před měsícem +9

    Government deflates the currency, leads to increase in asset prices, then taxes you on the sale of your assets. What a scam! Great to hear Doug again!

    • @jcgoogle1808
      @jcgoogle1808 Před měsícem +2

      That's not how it works.
      Government causes inflation,.. NOT deflation.
      Capital gains taxes are wrong because they are double taxation. Something this guy didn't mention.
      It's a tax on a profit off money that was already taxed at normal rates.
      It's almost as bad as some of the inane demcorats's ideas of taxing someone on their net worth each year.
      Say yu invest nothing and make no profit,.. but your net worth is the value of your assets (like you home) minus the liabilities (your mortgage) against them.
      That would be just down right annual theft,..vs taxing new income each year or profits on new income each year.
      On the video,..
      This guy is a crackpot.
      1. He obviously doesn't know how the euro-dollar system works,..
      He thinks all of the dollars outside the US are coming back in a flood that will cause hyper inflation.
      No,,, the government deficit spending like drunken sailors causes inflation.
      Euro-dollars are an overseas medium of exchange created by foreign banks. They have no tie to the US government, the Fed,.. and are NOT debts owed by the US government or debt or loans to US banks.
      2. He obviously doesn't understand how the Fed works.
      The Fed doesn't print money itself or force the government to deficit spend like drunken sailors, issue treasuries and/or have the treasury print money.
      The Fed can only react to criminalfiscal abuse.
      3. He thinks gold miners are a good bet, but US bonds are not.
      4. He thinks the US should default on all of its debt,.. so's not to pass it on to future peeps.
      Apparently he doesn't understand the voter age is 18 to infinity (since demcorats so often recruit a large percent of their votes from thedead,.. And we won't mention non citizenillegalaliens)..
      That the younger generations are the ones voting for stimi checks and free stuff.
      The retired boomers aren't given a check,.. they paid into a system (SS & medicare) that owes them money.
      5. He obviously doesn't understand the financial and the capitalistic system if he thinks there's to much of it.
      That's enough for now.
      NEXT!

  • @biglance
    @biglance Před měsícem +16

    Doug's interview on the Donahue Show back in the 80's is a must watch, many laughed at him, this show was a huge TV show too, who's laughing now eating Argentinan steak? :)

  • @nomennescio1771
    @nomennescio1771 Před měsícem +49

    “I don’t believe in government policy!” BOOM!!! Love it!

    • @jcgoogle1808
      @jcgoogle1808 Před měsícem

      That doesn't even make sense. What does he believe in? pixie dust?
      This guy is a crackpot.
      1. He obviously doesn't know how the euro-dollar system works,..
      He thinks all of the dollars outside the US are coming back in a flood that will cause hyper inflation.
      No,,, the government deficit spending like drunken sailors causes inflation.
      Euro-dollars are an overseas medium of exchange created by foreign banks. They have no tie to the US government, the Fed,.. and are NOT debts owed by the US government or debt or loans to US banks.
      2. He obviously doesn't understand how the Fed works.
      The Fed doesn't print money itself or force the government to deficit spend like drunken sailors, issue treasuries and/or have the treasury print money.
      The Fed can only react to criminalfiscal abuse.
      3. He thinks gold miners are a good bet, but US bonds are not.
      4. He thinks the US should default on all of its debt,.. so's not to pass it on to future peeps.
      Apparently he doesn't understand the voter age is 18 to infinity (since demcorats so often recruit a large percent of their votes from thedead,.. And we won't mention non citizenillegalaliens)..
      That the younger generations are the ones voting for stimi checks and free stuff.
      The retired boomers aren't given a check,.. they paid into a system (SS & medicare) that owes them money.
      5. He obviously doesn't understand the financial and the capitalistic system if he thinks there's to much of it.
      That's enough for now.
      NEXT!

    • @gtf5392
      @gtf5392 Před měsícem

      And also, ‘central banks are just engines of inflation’.

  • @biglance
    @biglance Před měsícem +23

    Doug Casey and David Lin!??! PURE GOLD!!!!!

    • @marycooper8385
      @marycooper8385 Před 20 dny +1

      Thank you for this outstanding interview
      God bless you both

  • @edwinneill5172
    @edwinneill5172 Před měsícem +18

    Doug Casey, the voice of common sense. He should be the president.

    • @Nanix1991
      @Nanix1991 Před měsícem +1

      His policies were implemented in greece. Tell me about it.

  • @hawk00055
    @hawk00055 Před měsícem +43

    Please have Doug back again soon.

  • @jackgoldman1
    @jackgoldman1 Před měsícem +95

    Governments operate public schools. What is the cost and what is the result? A college degree costs $500,000, adding up the bills. Way too expensive. Only 50% get jobs in their field of study. Too inefficient. Government is tragically over priced and under performs, subsidized by the IOU hoax.

    • @JasonAldeann-bt4xf
      @JasonAldeann-bt4xf Před měsícem +14

      Youll love to learn that student loan DEBT is included in our GDP numbers.

    • @prolific1518
      @prolific1518 Před měsícem

      Crazy how the immigrants get their education paid for by their home countries then come over here to work for cheap while we have to go in debt to get a decent job that isn't even available because immigrants take them all. Your anger is misplaced.

    • @john1boggity56
      @john1boggity56 Před měsícem +4

      Student debt is ramping up in Australia too. And...the government has just announced a higher interest rate on existing debt. Why would you do it...

    • @_m_K_.
      @_m_K_. Před měsícem +5

      Student loans are an asset on the federal reserve balance. I don't think this is a coincidence.

    • @cjb8993
      @cjb8993 Před měsícem +4

      @@JasonAldeann-bt4xf Holy shi*! I didn't know this, thanks for sharing!

  • @faithsrvtrip8768
    @faithsrvtrip8768 Před měsícem +98

    Brutal truth. Hard core truth for anyone living in the real world.

    • @Truthseeker-iz3dj
      @Truthseeker-iz3dj Před měsícem +1

      The problem is the share market is run by bots now, so human emotion is taken out of the equation. Aslong as employment is in a good place most people have forced contributions to pension funds. These monthly funds poor into the market each month.
      This is something we didn't have in 1929.
      However there will be a main street great depression but the markets will be disconnected.

    • @DeepDiveNFT
      @DeepDiveNFT Před měsícem +2

      It’s just reality.

    • @GrandSolarEclipse
      @GrandSolarEclipse Před měsícem +1

      I live in lalaland.
      I don't have any money.
      The moment it gets into my hands it disappears with bills.

    • @MM-qv5lf
      @MM-qv5lf Před měsícem +1

      Yeah right, the brutal truth. Lol 😂 fear sells, idiots buy.

    • @jcgoogle1808
      @jcgoogle1808 Před měsícem

      The truth is,.. this guy is a crackpot.
      1. He obviously doesn't know how the euro-dollar system works,..
      He thinks all of the dollars outside the US are coming back in a flood that will cause hyper inflation.
      No,,, the government deficit spending like drunken sailors causes inflation.
      Euro-dollars are an overseas medium of exchange created by foreign banks. They have no tie to the US government, the Fed,.. and are NOT debts owed by the US government or debt or loans to US banks.
      2. He obviously doesn't understand how the Fed works.
      The Fed doesn't print money itself or force the government to deficit spend like drunken sailors, issue treasuries and/or have the treasury print money.
      The Fed can only react to criminalfiscal abuse.
      3. He thinks gold miners are a good bet, but US bonds are not.
      4. He thinks the US should default on all of its debt,.. so's not to pass it on to future peeps.
      Apparently he doesn't understand the voter age is 18 to infinity (since demcorats so often recruit a large percent of their votes from thedead,.. And we won't mention non citizenillegalaliens)..
      That the younger generations are the ones voting for stimi checks and free stuff.
      The retired boomers aren't given a check,.. they paid into a system (SS & medicare) that owes them money.
      5. He obviously doesn't understand the financial and the capitalistic system if he thinks there's to much of it.
      That's enough for now.
      NEXT!

  • @btceatsfiat6641
    @btceatsfiat6641 Před měsícem +17

    Doug Casey is a Legend!

  • @BC-pf5ne
    @BC-pf5ne Před měsícem +4

    The 3.2% cola they gave seniors on SSI is in no way a comparison to inflation we see as close to 20%.
    Talk about lying to the people.

  • @powercomm
    @powercomm Před měsícem +15

    I agree with Doug 100% on government waste and there is no justification for them to tax people to alleviate debt.

  • @sojourneroftheland
    @sojourneroftheland Před měsícem +12

    Thought the background on this show was fake...till I saw the window washers😂
    Great show, the guests offer alot of good food for thought

  • @srg6532
    @srg6532 Před měsícem +10

    Corruption is why government is overspending. Tackle the Corruption issues and stop the overspending is the best way to start correcting the situation. If Corruption isn't tackled then keep watching for failed currencies and failed digital currency.

  • @williamlane1033
    @williamlane1033 Před měsícem +60

    This is by far one of your best guests that I’ve watched.

    • @RD-kz4wr
      @RD-kz4wr Před měsícem +4

      no it's not. Doom and Gloom. All currencies are shot? US sells dollars? speculative is not gambling (Hint they are the same thing. His opinion is if the chance to win is >50% then it's somehow no longer gambling). Mining is terrible?

    • @coolhanddruid
      @coolhanddruid Před měsícem +1

      First time watching this channel, but this guest seems half clueless. Especially about mining. Think I'm gonna just tell youtube to not recommend it.

    • @gmw3083
      @gmw3083 Před měsícem +4

      Couple college cry babies in here

    • @CC-mp8vj
      @CC-mp8vj Před měsícem +2

      @@coolhanddruid Unusual take given Doug Casey amassed the bulk of his wealth by speculating in the mining sector

    • @michaelhannan4668
      @michaelhannan4668 Před měsícem +4

      ​@@coolhanddruidDoug Casey is a legend

  • @rogerburn5132
    @rogerburn5132 Před měsícem +9

    How to protect yourself. Buy phisical Gold and Silver. Buy More phisical Gold and Silver . Repeat 🥇🥇🥈🥈

  • @brucerobtoy2888
    @brucerobtoy2888 Před měsícem +4

    David thanks for having Doug Casey on your show. We need more sensible people like him and a lot less of those idiotic Keneysean professors.

  • @MichaelTilley-tm8uf
    @MichaelTilley-tm8uf Před měsícem +9

    The windows washers made this the most epic interview ever. Especially considering both responses...

  • @postscript5549
    @postscript5549 Před měsícem +16

    Doug Casey is shockingly direct in voicing his politically incorrect view. That's why I am listening.

    • @robertwilson214
      @robertwilson214 Před 22 dny +1

      And not thinking

    • @wustachemax
      @wustachemax Před 19 dny

      @@robertwilson214 or maybe you're the one not doing any thinking.

  • @jamesbarr2357
    @jamesbarr2357 Před měsícem +12

    Always a pleasure to listen to Doug. Thanks David.

  • @MgtowRubicon
    @MgtowRubicon Před měsícem +17

    I have much less in bank savings, because I moved my 6-figures out of a "too big to fail" bank to pay down my 2.5% interest rate mortgage with 28 years left.
    I want to be completely out of debt, including my mortgage, and without counterparty risk as soon as possible before the next World War, Civil War, and Greater Depression hit hard.
    Several years ago, I cancelled my last credit card. I pay with cash or with debit card, no checks. I owe nothing and I have positive cash flow above my expenses.
    For 20+ years, I saved and only paid cash to buy my used cars. My only real estate worries are skyrocketing insurance and property taxes; they're coming sooner than you think.
    *"I may be wrong, but I am never in doubt." -- Dan Peña -- QLA*

    • @robertwalker5521
      @robertwalker5521 Před měsícem +1

      A debit card . Or the numbers on it ... can
      EMPTY an account in a fraction of an hour. It's a dangerous possibility .

  • @freelancerwaves2123
    @freelancerwaves2123 Před měsícem +7

    David Lin came a looong way. He's doing well. He's eating up on social media and at the dinner table. Keep going hard 💪🏽💪🏽

  • @Lodimerg
    @Lodimerg Před měsícem +18

    I feel we are in Depression since 2008.

    • @ultramagalatino
      @ultramagalatino Před 21 dnem +1

      The stripper index is showing depression right now

    • @Lodimerg
      @Lodimerg Před 21 dnem

      @@ultramagalatino We all suffered except the jews

    • @stro1156
      @stro1156 Před 20 dny +1

      If we are i. A depression rn this depression ain't nothing 😭

    • @Lodimerg
      @Lodimerg Před 20 dny

      @@stro1156 Wow
      Not easy!

    • @williamjohnson7963
      @williamjohnson7963 Před 20 dny +1

      Does your opinion have anything to do with who was elected president that year?

  • @steveg4334
    @steveg4334 Před měsícem +3

    I can't get enough of Doug.
    Common sense personified, along with intelligence, and experience.
    He's no doubt a good run ashore also.

  • @ampiciline
    @ampiciline Před měsícem +25

    Bravo David , thank you for listening to your loyal audience !!!! This is THE real guest ,,,,PLEASE DO NOT BRING BACK THOSE FANCY PROFESSORS AGAIN !!!!

  • @PoFolks_Capital
    @PoFolks_Capital Před měsícem +29

    Give this guy the job of the berkley professor you had on yesterday. Talk about 180 degrees. Proof that colleges prop up the sheep and free thinkers get pushed aside.

    • @kayak9078
      @kayak9078 Před měsícem +4

      Totally agree!

    • @chrisbytwerk3712
      @chrisbytwerk3712 Před měsícem

      So you think this guy is pedaling some BS?

    • @mg-by7uu
      @mg-by7uu Před měsícem +3

      Very true. Why? Because sheep produce sheep

    • @architecture.w
      @architecture.w Před měsícem +1

      It's "Berkeley." Go Bears!!

    • @PoFolks_Capital
      @PoFolks_Capital Před 29 dny

      ​@architecture.w alright
      Mr. Smartypants its Ber kelly then.
      Go! Ber Kelly Beres!

  • @cvrart
    @cvrart Před měsícem +20

    David, some people will go to incredible lengths to be featured on your show!

  • @redgeallen8867
    @redgeallen8867 Před 25 dny +2

    The idea of just defaulting on US debt is interesting. I’ve never heard that suggested as a deliberate policy. No one would lend the US government money again but if the system could sustain the fallout it would be much less painful than slowly inflating and taxing the population.

  • @yawzerdoink-a-sore-as8159
    @yawzerdoink-a-sore-as8159 Před měsícem +18

    The window watchers are amazing! I thought you had a green screen. When the workers showed up I thought I was in a movie theater hahahaha 😂 amazing. Keep it all as is. As Doug said, very authentic lol 😂

  • @TechTornado
    @TechTornado Před měsícem +10

    The opening line "we have a real problem here" really got my attention lol

  • @salvinomatos7547
    @salvinomatos7547 Před měsícem +29

    He's a great man

  • @waterbug1135
    @waterbug1135 Před měsícem +12

    Depression is predicted on social media 200 times a day, everyday.

    • @EatMyOats
      @EatMyOats Před měsícem +3

      While Main Stream Media minions pump Wall Street Bankers 😅

  • @LoraxicaRealm
    @LoraxicaRealm Před měsícem +6

    Been looking at a lot of Depression history recently.... glad topic is on your list

  • @mariocondello2353
    @mariocondello2353 Před měsícem +15

    This is so bad and ppl are not prepared at all.

    • @AEM479
      @AEM479 Před měsícem +5

      Not even a little bit. It’s so horrible that people can’t even wrap their heads around it. Denial is the worst.

    • @RudolfMaister420
      @RudolfMaister420 Před měsícem +4

      How can one prepare? Guns and gold?

    • @kathrynhartleroad1497
      @kathrynhartleroad1497 Před 13 dny

      ​@@RudolfMaister420get out of debt

  • @kayak9078
    @kayak9078 Před měsícem +2

    Excellent guest! This guy is spot on and should be teaching the young minds of this country who will be forced to navigate this massive economic catastrophe.

  • @ruskoruskov3086
    @ruskoruskov3086 Před měsícem +3

    David... thank you for keeping the lad's in....Doug is prolific...many thanks...

  • @jaygreenakajackstax9345
    @jaygreenakajackstax9345 Před měsícem +3

    I'm reading the Creature of Jekyll Island

  • @skytrip5273
    @skytrip5273 Před 15 dny +1

    The window washer was like Hi Mom!

  • @patrickw8453
    @patrickw8453 Před měsícem +23

    For those who have studied economic history , you'll agree with most of what has been said and you're preparing yourself for the inevitable. For those who have been watching " living with the Kardashians" you're pretty much screwed....

    • @user-xm3wd8tz6d
      @user-xm3wd8tz6d Před měsícem +2

      I been paying attention and I can’t deal with all the chicken littles anymore. Whatever happens unless you are a millionaire you are jacked. I will stay down here with my people. Long live real America.

  • @BlueWaterSTAX
    @BlueWaterSTAX Před měsícem +6

    Excellent interview. Thanks guys

  • @jackgoldman1
    @jackgoldman1 Před měsícem +39

    263 million ounces of gold with a $35 Trillion US public debt ends up being about $135,000 per ounce.

    • @tbone5654
      @tbone5654 Před měsícem +9

      Thanks for the pointless metric.

    • @PepeCoinMania
      @PepeCoinMania Před měsícem

      Not happening

    • @rogerburn5132
      @rogerburn5132 Před měsícem +1

      Exactly you are corekt. this time Doug Casey was wrong . 🥇🥇🥇

    • @EatMyOats
      @EatMyOats Před měsícem +3

      That fantasy Gold is not audited, its existence is promised by retired government civil servants. 😂

    • @thefarmersdaughter8235
      @thefarmersdaughter8235 Před měsícem

      Then what is there is worth even more. ​@@EatMyOats

  • @orcaloca5733
    @orcaloca5733 Před měsícem +16

    In Argentina people is lining up early in the morning to collect cash at the ATM's. They can get max the equivalent of 40 usd daily, but before even the end of the morning of each day the ATM is getting empty and nobody can collect money anymore. Paying with Bitcoin in Argentina is not possible, Rebel Capitalist has done an experiment travelling from Colombia to Argentina by car and try to pay only with silver, gold and bitcoin without using cash. In Argentina he couldn't use any of these three. This happened just few weeks ago. Very interesting because despite Doug Casey is certainly a legend in investing, he seems to know more the theory about alternative payment methods insteead of realize what is the reality, in particular in Argentina.

    • @demri123
      @demri123 Před měsícem +4

      Sure , true. You need currency for spending.
      But you could easily sell the gold / silver at a local bullion shop, no?
      Same goes for btc. You could sell it for currency on a exchange and then use the paper, no?

    • @AEM479
      @AEM479 Před měsícem +2

      What is going on. This is terrifying.

    • @gmw3083
      @gmw3083 Před měsícem +1

      Does DL ever talk to George Gammon? He should, anyway.

    • @orcaloca5733
      @orcaloca5733 Před měsícem

      @@gmw3083 they talk

  • @walterkuhn8360
    @walterkuhn8360 Před měsícem +4

    David, the timing of the window washers was priceless!! How do you do it my man....Lol.....had a good laugh at 6 am in the office, thanks! Keep up the good work, love the show and the guests you have, Doug Casey is most informative.

    • @jcgoogle1808
      @jcgoogle1808 Před měsícem

      If you're in the office at 6 am why aren't you working?
      This guy is a crackpot.
      1. He obviously doesn't know how the euro-dollar system works,..
      He thinks all of the dollars outside the US are coming back in a flood that will cause hyper inflation.
      No,,, the government deficit spending like drunken sailors causes inflation.
      Euro-dollars are an overseas medium of exchange created by foreign banks. They have no tie to the US government, the Fed,.. and are NOT debts owed by the US government or debt or loans to US banks.
      2. He obviously doesn't understand how the Fed works.
      The Fed doesn't print money itself or force the government to deficit spend like drunken sailors, issue treasuries and/or have the treasury print money.
      The Fed can only react to criminalfiscal abuse.
      3. He thinks gold miners are a good bet, but US bonds are not.
      4. He thinks the US should default on all of its debt,.. so's not to pass it on to future peeps.
      Apparently he doesn't understand the voter age is 18 to infinity (since demcorats so often recruit a large percent of their votes from thedead,.. And we won't mention non citizenillegalaliens)..
      That the younger generations are the ones voting for stimi checks and free stuff.
      The retired boomers aren't given a check,.. they paid into a system (SS & medicare) that owes them money.
      5. He obviously doesn't understand the financial and the capitalistic system if he thinks there's to much of it.
      That's enough for now.
      NEXT!

  • @lesterjones237
    @lesterjones237 Před měsícem +2

    Thanks so much for this guest. First time seeing him and he was awesome!

  • @MSWcryptoworker
    @MSWcryptoworker Před měsícem +7

    Funny I thought the window washers was a screen saver

  • @erickieffer4639
    @erickieffer4639 Před měsícem +4

    Doug Casey #1.

  • @Tim29737
    @Tim29737 Před měsícem +3

    Guys true libertarian. Glad to see him

  • @Wipokorp
    @Wipokorp Před měsícem +2

    Great content!! Keep up the exemplary work! Love the authenticity also…window washers 😂

  • @Blackpiller7
    @Blackpiller7 Před měsícem +31

    Your best guest, the godfather

  • @brianmoreland9714
    @brianmoreland9714 Před měsícem

    Great interview!! Thanks to you both!!

  • @Sam-uj3qh
    @Sam-uj3qh Před měsícem +3

    When he roasted the WEF at the beginning he really got my attention. Brilliant guest.

  • @donnaduhamel6004
    @donnaduhamel6004 Před 27 dny +1

    Lead us not into temptation, deliver us from Evil..Faith Spirtual Faith..burn the Fears into ash..truly, Amen

  • @bibibachmd9995
    @bibibachmd9995 Před měsícem +1

    Doug is refreshing. I have followed him for years.

  • @maryma5044
    @maryma5044 Před měsícem +1

    window cleaning crew were hilarious, like a movie scene 😊

  • @daviddansker7114
    @daviddansker7114 Před měsícem +8

    Window washers, love it.

  • @derkong7114
    @derkong7114 Před měsícem

    Great interview David, you are one of the best, great questions, let the guest speak, well done sir!

  • @mahsunfidan3978
    @mahsunfidan3978 Před 22 dny +1

    Man who speaks the truth, shocked by how honest he is with the way the world is

  • @Sola_Scriptura_1.618
    @Sola_Scriptura_1.618 Před měsícem +21

    I sense it, I am seeing it, feeling it, and expecting the worst but praying for the best.
    We need to flush out the wickedness in the world, and a depression will help realign our morality. I know we will see the light at the end of the tunel. I put my faith in God and in God's money -- GOLD. I save in GOLD, spend in fiat and pray God leads us away from the wickedness and evils of this world.

    • @last-life
      @last-life Před měsícem +1

      Here here

    • @_Ekaros
      @_Ekaros Před měsícem

      Gold is an false idol... Your worship of gold goes against your god...

    • @Sola_Scriptura_1.618
      @Sola_Scriptura_1.618 Před měsícem

      @_Ekaros , tell me you are not ignorant without telling me you're not ignorant?

  • @WilliamGann-iy9bo
    @WilliamGann-iy9bo Před 18 dny

    😂 The Window washers had me dying. Great Content and video as always David.

  • @MACOO7.
    @MACOO7. Před měsícem +1

    DC..is a bloody legend...the last minutes of the interview was a simple crescendo

  • @robertjosan
    @robertjosan Před měsícem

    Doug Casey, Steve Hanke, Ron Paul, and David Hunter are your best guests in my opinion, hope to see David Hunter back on your podcast soon.

  • @viewerone
    @viewerone Před měsícem +20

    This guy gets it

  • @budstep7361
    @budstep7361 Před měsícem +1

    Doug is amazing, good grounding for the crazy market we're in!

  • @brikfiend
    @brikfiend Před měsícem +3

    Delta Force posing as window cleaners . . . .

  • @jwinwin9215
    @jwinwin9215 Před měsícem

    Mr Casey is a gem love his way of thinking he always speaks his minds without any barriers

  • @rickrobs9398
    @rickrobs9398 Před měsícem +10

    We're not going back to gold. Wishful thinking maybe. But more power begets more power. Cbdc will give them more power. Cbdc will be forced upon us.

    • @Cadebayo1
      @Cadebayo1 Před měsícem +2

      I literally just wrote essentially the same comment. The idea that we would go back to the Golden standard is just not a reality

    • @garryallison4716
      @garryallison4716 Před měsícem +1

      Somebody is going to the gold standard, it may not be the west!

    • @jorge1170xyz
      @jorge1170xyz Před měsícem

      And the day that happens, all other coins will be declared illegal to transact in. They won't go anywhere, but with most people preferring to "follow the law", BTC and all the other coins will crater in price.

  • @erikolsen3017
    @erikolsen3017 Před měsícem

    Excellent discussion!

  • @rc2276
    @rc2276 Před měsícem

    Well done pushing on with the window washers. Lol.
    Great interview.

  • @KC-rk1hx
    @KC-rk1hx Před 14 dny

    As a young man in the USA. I agree with this man 100%. Things are so blatantly ass backwards I can’t even believe it.

  • @rocmon
    @rocmon Před měsícem

    Highly recommend you get your kids the Doug Casey trilogy, it's an exceptional read as well as worldly informative for how the world actually works... find out early instead of at 59!!!
    great interview David, you are da man! blessings

  • @c.p.haslop2500
    @c.p.haslop2500 Před měsícem

    OMG! The window washers made my day!! Cant stop smiling 😊

  • @CoryAlphin
    @CoryAlphin Před měsícem +6

    I've been thoroughly loving the guests you've had on lately.

  • @Pishpecky
    @Pishpecky Před měsícem +1

    That painting in the background resembles the style of Denver airport murals.

  • @gh-dw3tg
    @gh-dw3tg Před měsícem +1

    Great guest....fantastic video...keep rockin.

  • @barrymanning6554
    @barrymanning6554 Před měsícem +3

    Hope your well Doug Casey you legend you.

  • @georgespivey3900
    @georgespivey3900 Před měsícem +1

    Thanks!

  • @davidtobar6453
    @davidtobar6453 Před měsícem +2

    Classic intro with window washers lol 😂

  • @marycooper8385
    @marycooper8385 Před 20 dny

    Excellent interview David

  • @crimeajewel
    @crimeajewel Před měsícem +1

    Always interesting

  • @stuke76
    @stuke76 Před měsícem +1

    At least me know that David doesnt have a fake backdrop! The window washers made me laugh!

  • @richardeastman9846
    @richardeastman9846 Před měsícem +1

    So you call for bracing for it rather than acting wisely together to avert it. Thanks for the tip.

  • @rodyoung8428
    @rodyoung8428 Před 16 dny

    Window washer got me 😂😂😂😂

  • @marycooper8385
    @marycooper8385 Před 20 dny

    Great guest honest and down to earth

  • @lesleyjohnson8488
    @lesleyjohnson8488 Před měsícem

    Love Ludwig von Mises. Thank you so much for bringing Doug on ❤

  • @tomdonovan4842
    @tomdonovan4842 Před 24 dny

    Insightful well done

  • @CliftonHicksbanjo
    @CliftonHicksbanjo Před měsícem +1

    47:20 Forest Service work certainly provides opportunities for reading! And I hated the military, but now find myself cautiously suggesting military service to young men.

  • @KoDeMondo
    @KoDeMondo Před měsícem

    I'm TOTALLY AGREE on every single words of Mr. Doug Casey ❤

  • @user-bh7zh6lt8w
    @user-bh7zh6lt8w Před měsícem

    😂😂😂😂 love the windrow washers

  • @claudiajay8291
    @claudiajay8291 Před měsícem

    Great interview

  • @fibtrader618
    @fibtrader618 Před 24 dny

    I always thought you was behind a green screen, the window cleaners killed me ahhhaahahaaa,

  • @vioreliachim5646
    @vioreliachim5646 Před měsícem

    Shock gives me hope! Bring it on!