CW 884 - Pension Crisis = Inflation, Bitcoin, & the Military Industrial Complex

Jason shares his views of the socialistic policies adopted in Europe with regards to immigration and economics before welcoming returning guest, Nick Giambruno to the show. Nick details the problematic pension crisis and shares how it will affect state and local governments. And, he talks about how decentralized cryptocurrencies, like Bitcoin, may be the answer to taking power away from the centralized government and the current geopolitical climate.

Key Takeaways:

[02:22] The world is in a race to the bottom as people lose their critical thinking abilities.

[06:02] Communism is the biggest disaster to befall humanity.

[07:11] Lending institutions may not be responsible for the current housing bubble.

[11:30] Jason recommends two great reads.

Nick Giambruno Guest Interview:

[16:05] Nick explains the future pension crisis.

[21:14] Property taxes will go up in order to offset the pension crisis.

[24:00] Will there be a federal bailout for the state and local governments?

[25:45] Analyzing the longevity and validity of cryptocurrencies.

[35:25] The US and China may be at the beginning of a trade war.

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Meet the Master’s of Income Property

After America by Mark Steyn

Casey Research

International Man