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

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  • เผยแพร่เมื่อ 30 พ.ค. 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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    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

ความคิดเห็น • 776

  • @TheDavidLinReport
    @TheDavidLinReport  หลายเดือนก่อน +36

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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:
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    International Man: internationalman.com/
    Twitter (@RealDougCasey): twitter.com/RealDougCasey
    "Speculator": www.amazon.ca/Speculator-Doug-Casey/dp/0985933259
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    • @yawzerdoink-a-sore-as8159
      @yawzerdoink-a-sore-as8159 หลายเดือนก่อน +4

      The window watchers 😂

    • @issenvan1050
      @issenvan1050 หลายเดือนก่อน

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

    • @toningtony8411
      @toningtony8411 หลายเดือนก่อน +1

      Not true thats not what vpn does

    • @georgelien
      @georgelien หลายเดือนก่อน

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

    • @georgelien
      @georgelien หลายเดือนก่อน +1

      30Y US Treasury can be traded in open market

  • @DennisJack-km8ho
    @DennisJack-km8ho 9 วันที่ผ่านมา +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- 9 วันที่ผ่านมา +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 9 วันที่ผ่านมา +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 9 วันที่ผ่านมา +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 9 วันที่ผ่านมา +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 9 วันที่ผ่านมา +1

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

  • @alexmarshall8894
    @alexmarshall8894 หลายเดือนก่อน +178

    Bro the window washers absolutely killed me hahaha.

    • @deborahcurtis1385
      @deborahcurtis1385 หลายเดือนก่อน +16

      LOL so the background is not a screen based one!

    • @maxs351
      @maxs351 หลายเดือนก่อน +13

      David is real 💯

    • @dianadeejarvis7074
      @dianadeejarvis7074 หลายเดือนก่อน +12

      I wonder if the window washers know whom they photobombed.

    • @Hunting4Data
      @Hunting4Data หลายเดือนก่อน +7

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

    • @Fearzero
      @Fearzero หลายเดือนก่อน +2

      They got to see David in his underwear lol.

  • @_observer_-xk7hb
    @_observer_-xk7hb หลายเดือนก่อน +60

    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 16 วันที่ผ่านมา +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 14 วันที่ผ่านมา

      I’ve said this for years

    • @user-uq7yr9mg3j
      @user-uq7yr9mg3j 14 วันที่ผ่านมา

      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 12 วันที่ผ่านมา

      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 10 วันที่ผ่านมา

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

  • @CarlosGonzales-wm8xx
    @CarlosGonzales-wm8xx หลายเดือนก่อน +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 หลายเดือนก่อน +3

      Window washers! classic! lol

    • @barryfleming8488
      @barryfleming8488 23 วันที่ผ่านมา +2

      No ego. The guests are free to speak.

  • @CollectorChronicles
    @CollectorChronicles หลายเดือนก่อน +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 หลายเดือนก่อน

      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!

  • @walkonearthofficial
    @walkonearthofficial หลายเดือนก่อน +80

    The window washers absolutely awesome 😂

    • @gmw3083
      @gmw3083 หลายเดือนก่อน +3

      It's not a greenscreen.🫨

    • @feelnrite
      @feelnrite หลายเดือนก่อน +1

      I wonder what all they see?

    • @vincentyeo88
      @vincentyeo88 26 วันที่ผ่านมา +1

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

    • @JS-jh4cy
      @JS-jh4cy 15 วันที่ผ่านมา

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

  • @MgtowRubicon
    @MgtowRubicon หลายเดือนก่อน +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 หลายเดือนก่อน +8

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

    • @Thanatar13
      @Thanatar13 หลายเดือนก่อน +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.

  • @behumanbekind
    @behumanbekind หลายเดือนก่อน +82

    Doug Casey is the Mike Tyson of sensible thinking.

    • @EatMyOats
      @EatMyOats หลายเดือนก่อน +6

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

    • @jcgoogle1808
      @jcgoogle1808 หลายเดือนก่อน

      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 29 วันที่ผ่านมา +2

      Coked up Tyson or bite an ear Tyson?

  • @DominelliGuitars
    @DominelliGuitars หลายเดือนก่อน +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 หลายเดือนก่อน +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!

  • @nomennescio1771
    @nomennescio1771 หลายเดือนก่อน +49

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

    • @jcgoogle1808
      @jcgoogle1808 หลายเดือนก่อน

      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 28 วันที่ผ่านมา

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

  • @jackgoldman1
    @jackgoldman1 หลายเดือนก่อน +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 หลายเดือนก่อน +14

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

    • @prolific1518
      @prolific1518 หลายเดือนก่อน

      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 หลายเดือนก่อน +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_. หลายเดือนก่อน +5

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

    • @cjb8993
      @cjb8993 หลายเดือนก่อน +4

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

  • @biglance
    @biglance หลายเดือนก่อน +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? :)

  • @faithsrvtrip8768
    @faithsrvtrip8768 หลายเดือนก่อน +98

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

    • @Truthseeker-iz3dj
      @Truthseeker-iz3dj หลายเดือนก่อน +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 หลายเดือนก่อน +2

      It’s just reality.

    • @GrandSolarEclipse
      @GrandSolarEclipse หลายเดือนก่อน +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 หลายเดือนก่อน +1

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

    • @jcgoogle1808
      @jcgoogle1808 หลายเดือนก่อน

      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!

  • @seld6019
    @seld6019 หลายเดือนก่อน +27

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

  • @biglance
    @biglance หลายเดือนก่อน +23

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

    • @marycooper8385
      @marycooper8385 17 วันที่ผ่านมา +1

      Thank you for this outstanding interview
      God bless you both

  • @hawk00055
    @hawk00055 หลายเดือนก่อน +43

    Please have Doug back again soon.

  • @sojourneroftheland
    @sojourneroftheland หลายเดือนก่อน +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

  • @powercomm
    @powercomm หลายเดือนก่อน +15

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

  • @srg6532
    @srg6532 หลายเดือนก่อน +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.

  • @Lodimerg
    @Lodimerg 29 วันที่ผ่านมา +19

    I feel we are in Depression since 2008.

    • @ultramagalatino
      @ultramagalatino 19 วันที่ผ่านมา +1

      The stripper index is showing depression right now

    • @Lodimerg
      @Lodimerg 19 วันที่ผ่านมา

      @@ultramagalatino We all suffered except the jews

    • @stro1156
      @stro1156 18 วันที่ผ่านมา +1

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

    • @Lodimerg
      @Lodimerg 18 วันที่ผ่านมา

      @@stro1156 Wow
      Not easy!

    • @williamjohnson7963
      @williamjohnson7963 17 วันที่ผ่านมา +1

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

  • @edwinneill5172
    @edwinneill5172 หลายเดือนก่อน +18

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

    • @Nanix1991
      @Nanix1991 29 วันที่ผ่านมา +1

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

  • @williamlane1033
    @williamlane1033 หลายเดือนก่อน +60

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

    • @RD-kz4wr
      @RD-kz4wr หลายเดือนก่อน +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 หลายเดือนก่อน +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 หลายเดือนก่อน +4

      Couple college cry babies in here

    • @CC-mp8vj
      @CC-mp8vj หลายเดือนก่อน +2

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

    • @michaelhannan4668
      @michaelhannan4668 หลายเดือนก่อน +4

      ​@@coolhanddruidDoug Casey is a legend

  • @yawzerdoink-a-sore-as8159
    @yawzerdoink-a-sore-as8159 หลายเดือนก่อน +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 😂

  • @MichaelTilley-tm8uf
    @MichaelTilley-tm8uf หลายเดือนก่อน +9

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

  • @ampiciline
    @ampiciline หลายเดือนก่อน +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 !!!!

    • @senthilarumugam4913
      @senthilarumugam4913 หลายเดือนก่อน +1

      Prof. Steve Hanke 😂😂😂

    • @ampiciline
      @ampiciline 27 วันที่ผ่านมา

      @@senthilarumugam4913 lol

  • @BC-pf5ne
    @BC-pf5ne หลายเดือนก่อน +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.

  • @brucerobtoy2888
    @brucerobtoy2888 หลายเดือนก่อน +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.

  • @btceatsfiat6641
    @btceatsfiat6641 หลายเดือนก่อน +17

    Doug Casey is a Legend!

  • @jamesbarr2357
    @jamesbarr2357 หลายเดือนก่อน +12

    Always a pleasure to listen to Doug. Thanks David.

  • @rogerburn5132
    @rogerburn5132 หลายเดือนก่อน +9

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

  • @MgtowRubicon
    @MgtowRubicon หลายเดือนก่อน +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 หลายเดือนก่อน +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 หลายเดือนก่อน +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 💪🏽💪🏽

  • @PoFolks_Capital
    @PoFolks_Capital หลายเดือนก่อน +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 หลายเดือนก่อน +4

      Totally agree!

    • @chrisbytwerk3712
      @chrisbytwerk3712 หลายเดือนก่อน

      So you think this guy is pedaling some BS?

    • @mg-by7uu
      @mg-by7uu หลายเดือนก่อน +3

      Very true. Why? Because sheep produce sheep

    • @architecture.w
      @architecture.w 27 วันที่ผ่านมา +1

      It's "Berkeley." Go Bears!!

    • @PoFolks_Capital
      @PoFolks_Capital 26 วันที่ผ่านมา

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

  • @waterbug1135
    @waterbug1135 หลายเดือนก่อน +12

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

    • @EatMyOats
      @EatMyOats หลายเดือนก่อน +3

      While Main Stream Media minions pump Wall Street Bankers 😅

  • @postscript5549
    @postscript5549 หลายเดือนก่อน +16

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

    • @robertwilson214
      @robertwilson214 20 วันที่ผ่านมา +1

      And not thinking

    • @wustachemax
      @wustachemax 17 วันที่ผ่านมา

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

  • @redgeallen8867
    @redgeallen8867 23 วันที่ผ่านมา +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.

  • @cvrart
    @cvrart หลายเดือนก่อน +20

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

  • @steveg4334
    @steveg4334 หลายเดือนก่อน +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.

  • @TechTornado
    @TechTornado หลายเดือนก่อน +10

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

  • @jaygreenakajackstax9345
    @jaygreenakajackstax9345 หลายเดือนก่อน +3

    I'm reading the Creature of Jekyll Island

  • @salvinomatos7547
    @salvinomatos7547 หลายเดือนก่อน +29

    He's a great man

  • @mariocondello2353
    @mariocondello2353 หลายเดือนก่อน +15

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

    • @AEM479
      @AEM479 หลายเดือนก่อน +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 หลายเดือนก่อน +4

      How can one prepare? Guns and gold?

    • @kathrynhartleroad1497
      @kathrynhartleroad1497 11 วันที่ผ่านมา

      ​@@RudolfMaister420get out of debt

  • @patrickw8453
    @patrickw8453 หลายเดือนก่อน +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 หลายเดือนก่อน +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.

  • @jackgoldman1
    @jackgoldman1 หลายเดือนก่อน +39

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

    • @tbone5654
      @tbone5654 หลายเดือนก่อน +9

      Thanks for the pointless metric.

    • @PepeCoinMania
      @PepeCoinMania หลายเดือนก่อน

      Not happening

    • @rogerburn5132
      @rogerburn5132 หลายเดือนก่อน +1

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

    • @EatMyOats
      @EatMyOats หลายเดือนก่อน +3

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

    • @thefarmersdaughter8235
      @thefarmersdaughter8235 หลายเดือนก่อน

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

  • @orcaloca5733
    @orcaloca5733 หลายเดือนก่อน +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 หลายเดือนก่อน +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 หลายเดือนก่อน +2

      What is going on. This is terrifying.

    • @gmw3083
      @gmw3083 หลายเดือนก่อน +1

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

    • @orcaloca5733
      @orcaloca5733 หลายเดือนก่อน

      @@gmw3083 they talk

  • @skytrip5273
    @skytrip5273 12 วันที่ผ่านมา +1

    The window washer was like Hi Mom!

  • @LoraxicaRealm
    @LoraxicaRealm หลายเดือนก่อน +6

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

  • @ruskoruskov3086
    @ruskoruskov3086 หลายเดือนก่อน +3

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

  • @BlueWaterSTAX
    @BlueWaterSTAX หลายเดือนก่อน +6

    Excellent interview. Thanks guys

  • @lesterjones237
    @lesterjones237 หลายเดือนก่อน +2

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

  • @kayak9078
    @kayak9078 หลายเดือนก่อน +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.

  • @walterkuhn8360
    @walterkuhn8360 หลายเดือนก่อน +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 หลายเดือนก่อน

      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!

  • @brikfiend
    @brikfiend หลายเดือนก่อน +3

    Delta Force posing as window cleaners . . . .

  • @Blackpiller7
    @Blackpiller7 หลายเดือนก่อน +31

    Your best guest, the godfather

  • @Sam-uj3qh
    @Sam-uj3qh หลายเดือนก่อน +3

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

  • @MSWcryptoworker
    @MSWcryptoworker หลายเดือนก่อน +7

    Funny I thought the window washers was a screen saver

  • @Tim29737
    @Tim29737 หลายเดือนก่อน +3

    Guys true libertarian. Glad to see him

  • @viewerone
    @viewerone หลายเดือนก่อน +20

    This guy gets it

  • @erickieffer4639
    @erickieffer4639 หลายเดือนก่อน +4

    Doug Casey #1.

  • @mahsunfidan3978
    @mahsunfidan3978 19 วันที่ผ่านมา +1

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

  • @donnaduhamel6004
    @donnaduhamel6004 25 วันที่ผ่านมา +1

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

  • @brianmoreland9714
    @brianmoreland9714 หลายเดือนก่อน

    Great interview!! Thanks to you both!!

  • @derkong7114
    @derkong7114 หลายเดือนก่อน

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

  • @25Soupy
    @25Soupy หลายเดือนก่อน +24

    The complete opposite of the socialist UC Berkeley professor that was the last interview.

    • @jasmymakemeyen666
      @jasmymakemeyen666 หลายเดือนก่อน +4

      Cuz he's not spewing the ziotribal narratives

  • @Wipokorp
    @Wipokorp หลายเดือนก่อน +2

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

  • @maryma5044
    @maryma5044 หลายเดือนก่อน +1

    window cleaning crew were hilarious, like a movie scene 😊

  • @WilliamGann-iy9bo
    @WilliamGann-iy9bo 16 วันที่ผ่านมา

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

  • @bibibachmd9995
    @bibibachmd9995 หลายเดือนก่อน +1

    Doug is refreshing. I have followed him for years.

  • @Sola_Scriptura_1.618
    @Sola_Scriptura_1.618 หลายเดือนก่อน +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 หลายเดือนก่อน +1

      Here here

    • @_Ekaros
      @_Ekaros หลายเดือนก่อน

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

    • @Sola_Scriptura_1.618
      @Sola_Scriptura_1.618 หลายเดือนก่อน

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

  • @rodyoung8428
    @rodyoung8428 13 วันที่ผ่านมา

    Window washer got me 😂😂😂😂

  • @KC-rk1hx
    @KC-rk1hx 12 วันที่ผ่านมา

    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.

  • @georgespivey3900
    @georgespivey3900 หลายเดือนก่อน +1

    Thanks!

  • @daviddansker7114
    @daviddansker7114 หลายเดือนก่อน +8

    Window washers, love it.

  • @MACOO7.
    @MACOO7. หลายเดือนก่อน +1

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

  • @budstep7361
    @budstep7361 หลายเดือนก่อน +1

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

  • @jwinwin9215
    @jwinwin9215 28 วันที่ผ่านมา

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

  • @davidtobar6453
    @davidtobar6453 หลายเดือนก่อน +2

    Classic intro with window washers lol 😂

  • @robertjosan
    @robertjosan หลายเดือนก่อน

    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.

  • @CoryAlphin
    @CoryAlphin หลายเดือนก่อน +6

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

  • @erikolsen3017
    @erikolsen3017 หลายเดือนก่อน

    Excellent discussion!

  • @thomascook5627
    @thomascook5627 หลายเดือนก่อน

    Thank you

  • @barrymanning6554
    @barrymanning6554 หลายเดือนก่อน +3

    Hope your well Doug Casey you legend you.

  • @RezFaraji
    @RezFaraji หลายเดือนก่อน +2

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

  • @rocmon
    @rocmon หลายเดือนก่อน

    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

  • @marycooper8385
    @marycooper8385 17 วันที่ผ่านมา

    Great guest honest and down to earth

  • @CliftonHicksbanjo
    @CliftonHicksbanjo หลายเดือนก่อน +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.

  • @rickrobs9398
    @rickrobs9398 หลายเดือนก่อน +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 หลายเดือนก่อน +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 หลายเดือนก่อน +1

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

    • @jorge1170xyz
      @jorge1170xyz หลายเดือนก่อน

      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.

  • @crimeajewel
    @crimeajewel หลายเดือนก่อน +1

    Always interesting

  • @a.x.marcus4627
    @a.x.marcus4627 หลายเดือนก่อน +1

    I find myself envying the window washers.

  • @richardeastman9846
    @richardeastman9846 หลายเดือนก่อน +1

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

  • @rc2276
    @rc2276 หลายเดือนก่อน

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

  • @fibtrader618
    @fibtrader618 21 วันที่ผ่านมา

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

  • @marycooper8385
    @marycooper8385 17 วันที่ผ่านมา

    Excellent interview David

  • @c.p.haslop2500
    @c.p.haslop2500 หลายเดือนก่อน

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

  • @Pishpecky
    @Pishpecky หลายเดือนก่อน +1

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

  • @JFTL81
    @JFTL81 หลายเดือนก่อน +6

    If Milei dollar-izes Argentina wouldn’t that just put them under control of a different central bank (the fed)?

    • @rogerburn5132
      @rogerburn5132 หลายเดือนก่อน

      Exactly Mile is CIA asset.

    • @TheNoticer83
      @TheNoticer83 27 วันที่ผ่านมา

      Yes. Other countries who peg their currency to the dollar end up getting screwed similar to how an individual American gets screwed by the fed.
      Fact: the US dollar is the reserve currency not because people trust the dollar or like America, but because we have guns pointed at the rest of the world.

  • @rubr949
    @rubr949 23 วันที่ผ่านมา +1

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

  • @gh-dw3tg
    @gh-dw3tg หลายเดือนก่อน +1

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

  • @stuke76
    @stuke76 หลายเดือนก่อน +1

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