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Kerry Lutz's--Financial Survival Network


Sep 10, 2021

Summary:
The supply chain is not what it used to be—resources and labor are in high demand and we are seeing lots of negative effects as a result. Aaron Clarey comes on the podcast today to talk about some of these effects—especially within the housing industry—and what the future may look like as a result.

Highlights:
-The supply chain is like a plastic band about to snap
-Clarey recently built a house and purchased furniture/materials for it well in advance, acknowledging some of the issues in the supply chain
-People’s houses recently have not been getting done, which requires banks to reset interest rates (which are going up) which creates even more of a rush to get things delivered
-The American dining experience is over—we see long lines, poor service, and lower quality
-Standards of living go down as quality of work declines—you need to learn to do things yourself
-It’s a smart idea to buy things now because of the projection of inflation
-Prices of basic staples (i.e. gasoline) are up astronomically

Useful Links:
Financial Survival Network
Captain Capitalism