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

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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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

Пікірлер: 775

  • @TheDavidLinReport
    @TheDavidLinReportАй бұрын

    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! nordvpn.com/davidlin 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

    Ай бұрын

    The window watchers 😂

  • @issenvan1050

    @issenvan1050

    Ай бұрын

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

  • @toningtony8411

    @toningtony8411

    Ай бұрын

    Not true thats not what vpn does

  • @georgelien

    @georgelien

    Ай бұрын

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

  • @georgelien

    @georgelien

    Ай бұрын

    30Y US Treasury can be traded in open market

  • @DennisJack-km8ho
    @DennisJack-km8ho15 күн бұрын

    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-

    15 күн бұрын

    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

    15 күн бұрын

    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

    15 күн бұрын

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

  • @Sampson-jh7yq

    @Sampson-jh7yq

    15 күн бұрын

    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

    15 күн бұрын

    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_-xk7hbАй бұрын

    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

    22 күн бұрын

    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

    20 күн бұрын

    I’ve said this for years

  • @user-uq7yr9mg3j

    @user-uq7yr9mg3j

    20 күн бұрын

    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

    18 күн бұрын

    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

    16 күн бұрын

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

  • @alexmarshall8894
    @alexmarshall8894Ай бұрын

    Bro the window washers absolutely killed me hahaha.

  • @deborahcurtis1385

    @deborahcurtis1385

    Ай бұрын

    LOL so the background is not a screen based one!

  • @maxs351

    @maxs351

    Ай бұрын

    David is real 💯

  • @dianadeejarvis7074

    @dianadeejarvis7074

    Ай бұрын

    I wonder if the window washers know whom they photobombed.

  • @Hunting4Data

    @Hunting4Data

    Ай бұрын

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

  • @Fearzero

    @Fearzero

    Ай бұрын

    They got to see David in his underwear lol.

  • @CarlosGonzales-wm8xx
    @CarlosGonzales-wm8xxАй бұрын

    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

    Ай бұрын

    Window washers! classic! lol

  • @barryfleming8488

    @barryfleming8488

    29 күн бұрын

    No ego. The guests are free to speak.

  • @MgtowRubicon
    @MgtowRubiconАй бұрын

    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

    Ай бұрын

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

  • @Thanatar13

    @Thanatar13

    Ай бұрын

    @@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.

  • @CollectorChronicles
    @CollectorChroniclesАй бұрын

    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

    Ай бұрын

    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
    @behumanbekindАй бұрын

    Doug Casey is the Mike Tyson of sensible thinking.

  • @EatMyOats

    @EatMyOats

    Ай бұрын

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

  • @jcgoogle1808

    @jcgoogle1808

    Ай бұрын

    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

    Ай бұрын

    Coked up Tyson or bite an ear Tyson?

  • @DominelliGuitars
    @DominelliGuitarsАй бұрын

    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

    Ай бұрын

    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!

  • @faithsrvtrip8768
    @faithsrvtrip8768Ай бұрын

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

  • @Truthseeker-iz3dj

    @Truthseeker-iz3dj

    Ай бұрын

    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

    Ай бұрын

    It’s just reality.

  • @GrandSolarEclipse

    @GrandSolarEclipse

    Ай бұрын

    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

    Ай бұрын

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

  • @jcgoogle1808

    @jcgoogle1808

    Ай бұрын

    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!

  • @nomennescio1771
    @nomennescio1771Ай бұрын

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

  • @jcgoogle1808

    @jcgoogle1808

    Ай бұрын

    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

    Ай бұрын

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

  • @walkonearthofficial
    @walkonearthofficialАй бұрын

    The window washers absolutely awesome 😂

  • @gmw3083

    @gmw3083

    Ай бұрын

    It's not a greenscreen.🫨

  • @feelnrite

    @feelnrite

    Ай бұрын

    I wonder what all they see?

  • @vincentyeo88

    @vincentyeo88

    Ай бұрын

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

  • @JS-jh4cy

    @JS-jh4cy

    21 күн бұрын

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

  • @edwinneill5172
    @edwinneill5172Ай бұрын

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

  • @Nanix1991

    @Nanix1991

    Ай бұрын

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

  • @hawk00055
    @hawk00055Ай бұрын

    Please have Doug back again soon.

  • @biglance
    @biglanceАй бұрын

    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? :)

  • @powercomm
    @powercommАй бұрын

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

  • @jackgoldman1
    @jackgoldman1Ай бұрын

    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

    Ай бұрын

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

  • @prolific1518

    @prolific1518

    Ай бұрын

    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

    Ай бұрын

    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_.

    Ай бұрын

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

  • @cjb8993

    @cjb8993

    Ай бұрын

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

  • @biglance
    @biglanceАй бұрын

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

  • @marycooper8385

    @marycooper8385

    23 күн бұрын

    Thank you for this outstanding interview God bless you both

  • @srg6532
    @srg6532Ай бұрын

    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.

  • @seld6019
    @seld6019Ай бұрын

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

  • @williamlane1033
    @williamlane1033Ай бұрын

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

  • @RD-kz4wr

    @RD-kz4wr

    Ай бұрын

    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

    Ай бұрын

    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

    Ай бұрын

    Couple college cry babies in here

  • @CC-mp8vj

    @CC-mp8vj

    Ай бұрын

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

  • @michaelhannan4668

    @michaelhannan4668

    Ай бұрын

    ​@@coolhanddruidDoug Casey is a legend

  • @postscript5549
    @postscript5549Ай бұрын

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

  • @robertwilson214

    @robertwilson214

    26 күн бұрын

    And not thinking

  • @wustachemax

    @wustachemax

    23 күн бұрын

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

  • @PoFolks_Capital
    @PoFolks_CapitalАй бұрын

    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

    Ай бұрын

    Totally agree!

  • @chrisbytwerk3712

    @chrisbytwerk3712

    Ай бұрын

    So you think this guy is pedaling some BS?

  • @mg-by7uu

    @mg-by7uu

    Ай бұрын

    Very true. Why? Because sheep produce sheep

  • @architecture.w

    @architecture.w

    Ай бұрын

    It's "Berkeley." Go Bears!!

  • @PoFolks_Capital

    @PoFolks_Capital

    Ай бұрын

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

  • @Lodimerg
    @LodimergАй бұрын

    I feel we are in Depression since 2008.

  • @ultramagalatino

    @ultramagalatino

    24 күн бұрын

    The stripper index is showing depression right now

  • @Lodimerg

    @Lodimerg

    24 күн бұрын

    @@ultramagalatino We all suffered except the jews

  • @stro1156

    @stro1156

    24 күн бұрын

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

  • @Lodimerg

    @Lodimerg

    23 күн бұрын

    @@stro1156 Wow Not easy!

  • @williamjohnson7963

    @williamjohnson7963

    23 күн бұрын

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

  • @MgtowRubicon
    @MgtowRubiconАй бұрын

    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

    Ай бұрын

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

  • @BC-pf5ne
    @BC-pf5neАй бұрын

    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.

  • @MichaelTilley-tm8uf
    @MichaelTilley-tm8ufАй бұрын

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

  • @ampiciline
    @ampicilineАй бұрын

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

  • @senthilarumugam4913

    @senthilarumugam4913

    Ай бұрын

    Prof. Steve Hanke 😂😂😂

  • @ampiciline

    @ampiciline

    Ай бұрын

    @@senthilarumugam4913 lol

  • @rogerburn5132
    @rogerburn5132Ай бұрын

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

  • @btceatsfiat6641
    @btceatsfiat6641Ай бұрын

    Doug Casey is a Legend!

  • @sojourneroftheland
    @sojournerofthelandАй бұрын

    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

  • @redgeallen8867
    @redgeallen886728 күн бұрын

    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.

  • @jamesbarr2357
    @jamesbarr2357Ай бұрын

    Always a pleasure to listen to Doug. Thanks David.

  • @cvrart
    @cvrartАй бұрын

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

  • @patrickw8453
    @patrickw8453Ай бұрын

    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

    Ай бұрын

    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.

  • @jackgoldman1
    @jackgoldman1Ай бұрын

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

  • @tbone5654

    @tbone5654

    Ай бұрын

    Thanks for the pointless metric.

  • @PepeCoinMania

    @PepeCoinMania

    Ай бұрын

    Not happening

  • @rogerburn5132

    @rogerburn5132

    Ай бұрын

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

  • @EatMyOats

    @EatMyOats

    Ай бұрын

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

  • @thefarmersdaughter8235

    @thefarmersdaughter8235

    Ай бұрын

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

  • @waterbug1135
    @waterbug1135Ай бұрын

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

  • @EatMyOats

    @EatMyOats

    Ай бұрын

    While Main Stream Media minions pump Wall Street Bankers 😅

  • @orcaloca5733
    @orcaloca5733Ай бұрын

    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

    Ай бұрын

    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

    Ай бұрын

    What is going on. This is terrifying.

  • @gmw3083

    @gmw3083

    Ай бұрын

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

  • @orcaloca5733

    @orcaloca5733

    Ай бұрын

    @@gmw3083 they talk

  • @freelancerwaves2123
    @freelancerwaves2123Ай бұрын

    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 💪🏽💪🏽

  • @TechTornado
    @TechTornadoАй бұрын

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

  • @mariocondello2353
    @mariocondello2353Ай бұрын

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

  • @AEM479

    @AEM479

    Ай бұрын

    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

    Ай бұрын

    How can one prepare? Guns and gold?

  • @kathrynhartleroad1497

    @kathrynhartleroad1497

    16 күн бұрын

    ​@@RudolfMaister420get out of debt

  • @salvinomatos7547
    @salvinomatos7547Ай бұрын

    He's a great man

  • @steveg4334
    @steveg4334Ай бұрын

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

  • @LoraxicaRealm
    @LoraxicaRealmАй бұрын

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

  • @yawzerdoink-a-sore-as8159
    @yawzerdoink-a-sore-as8159Ай бұрын

    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 😂

  • @Blackpiller7
    @Blackpiller7Ай бұрын

    Your best guest, the godfather

  • @kayak9078
    @kayak9078Ай бұрын

    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.

  • @jaygreenakajackstax9345
    @jaygreenakajackstax9345Ай бұрын

    I'm reading the Creature of Jekyll Island

  • @Sola_Scriptura_1.618
    @Sola_Scriptura_1.618Ай бұрын

    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

    Ай бұрын

    Here here

  • @_Ekaros

    @_Ekaros

    Ай бұрын

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

  • @Sola_Scriptura_1.618

    @Sola_Scriptura_1.618

    Ай бұрын

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

  • @walterkuhn8360
    @walterkuhn8360Ай бұрын

    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

    Ай бұрын

    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!

  • @ruskoruskov3086
    @ruskoruskov3086Ай бұрын

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

  • @BlueWaterSTAX
    @BlueWaterSTAXАй бұрын

    Excellent interview. Thanks guys

  • @brucerobtoy2888
    @brucerobtoy2888Ай бұрын

    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.

  • @donnaduhamel6004
    @donnaduhamel6004Ай бұрын

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

  • @MSWcryptoworker
    @MSWcryptoworkerАй бұрын

    Funny I thought the window washers was a screen saver

  • @lesterjones237
    @lesterjones237Ай бұрын

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

  • @Wipokorp
    @WipokorpАй бұрын

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

  • @Sam-uj3qh
    @Sam-uj3qhАй бұрын

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

  • @rickrobs9398
    @rickrobs9398Ай бұрын

    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

    Ай бұрын

    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

    Ай бұрын

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

  • @jorge1170xyz

    @jorge1170xyz

    Ай бұрын

    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.

  • @mahsunfidan3978
    @mahsunfidan397825 күн бұрын

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

  • @daviddansker7114
    @daviddansker7114Ай бұрын

    Window washers, love it.

  • @skytrip5273
    @skytrip527318 күн бұрын

    The window washer was like Hi Mom!

  • @brikfiend
    @brikfiendАй бұрын

    Delta Force posing as window cleaners . . . .

  • @brianmoreland9714
    @brianmoreland9714Ай бұрын

    Great interview!! Thanks to you both!!

  • @Tim29737
    @Tim29737Ай бұрын

    Guys true libertarian. Glad to see him

  • @derkong7114
    @derkong7114Ай бұрын

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

  • @viewerone
    @vieweroneАй бұрын

    This guy gets it

  • @erickieffer4639
    @erickieffer4639Ай бұрын

    Doug Casey #1.

  • @MACOO7.
    @MACOO7.Ай бұрын

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

  • @georgespivey3900
    @georgespivey3900Ай бұрын

    Thanks!

  • @budstep7361
    @budstep7361Ай бұрын

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

  • @CliftonHicksbanjo
    @CliftonHicksbanjoАй бұрын

    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.

  • @erikolsen3017
    @erikolsen3017Ай бұрын

    Excellent discussion!

  • @WilliamGann-iy9bo
    @WilliamGann-iy9bo22 күн бұрын

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

  • @crimeajewel
    @crimeajewelАй бұрын

    Always interesting

  • @maryma5044
    @maryma5044Ай бұрын

    window cleaning crew were hilarious, like a movie scene 😊

  • @KC-rk1hx
    @KC-rk1hx17 күн бұрын

    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.

  • @barrymanning6554
    @barrymanning6554Ай бұрын

    Hope your well Doug Casey you legend you.

  • @rubr949
    @rubr94929 күн бұрын

    Keep hearing this for 10 years. Meanwhile stocks up 200% Real Estate up 100% see you in 10 years

  • @bibibachmd9995
    @bibibachmd9995Ай бұрын

    Doug is refreshing. I have followed him for years.

  • @richardeastman9846
    @richardeastman9846Ай бұрын

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

  • @gh-dw3tg
    @gh-dw3tgАй бұрын

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

  • @thomascook5627
    @thomascook5627Ай бұрын

    Thank you

  • @itsbaxter2
    @itsbaxter2Ай бұрын

    LOL the window washers! But seriously, David, congrats on improving your audio quality! Much easier to listen now that you don't sound like you're down a well! Casey needs to sort his audio, but at least you sound great. :)

  • @jwinwin9215
    @jwinwin9215Ай бұрын

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

  • @rocmon
    @rocmonАй бұрын

    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

  • @claudiajay8291
    @claudiajay8291Ай бұрын

    Great interview

  • @marycooper8385
    @marycooper838523 күн бұрын

    Excellent interview David

  • @RezFaraji
    @RezFarajiАй бұрын

    How can we not enter into a Great Depression when we hold our governments accountable to nothing at all?

  • @ariki1813
    @ariki1813Ай бұрын

    In 1977 I was informed that we would enter a Depression many, many, Many times worse than 1929/30's..'bread lines' much greater...This was going to be global, however, will not occur until the 2020's.. (now) also China will play a signifcant role in this long term event...with the need for people to be self sustaining and hold hard phisical assets.....2025 would be a significant year....also all currencies will devalue & last man standing will suffer the most... (1977)

  • @robertjosan
    @robertjosanАй бұрын

    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.

  • @overlordisgoogle8431
    @overlordisgoogle8431Ай бұрын

    I subbed. Wonderful channel.

  • @rc2276
    @rc2276Ай бұрын

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

  • @BubbaShaffer
    @BubbaShafferАй бұрын

    Long live Doug Casey!! Everyone needs to read and study Mises, Rothbard, and Block. Free market Austrian Economics has answers for this giant mess the world is in.

  • @vioreliachim5646
    @vioreliachim5646Ай бұрын

    Shock gives me hope! Bring it on!

  • @c.p.haslop2500
    @c.p.haslop2500Ай бұрын

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

  • @tomdonovan4842
    @tomdonovan484227 күн бұрын

    Insightful well done

  • @Pishpecky
    @PishpeckyАй бұрын

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

  • @elkabong5547
    @elkabong5547Ай бұрын

    I'm always reminded of a Wall Street Week episode back in the 90s where Lou Rukyser would always end his show with some sage advice. In this episode he said" If you have a son or daughter that is graduating college with no particular skill, have them become an economic pessimist. If they are right, they are a guru. If they are wrong, nobody cares, because they are making money." Fear sells!

  • @lesleyjohnson8488
    @lesleyjohnson8488Ай бұрын

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

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