Kerry Lutz's--Financial Survival Network

Sprott's Jason Stevens joined us today. He's bullish on farmland, both for cash flow and capital appreciation. While other hard assets haven't been doing well over the past few years, farmland keeps marching on. In addition, world demand for protein is always increasing and there's major improvements coming in  farm technology, which will increase crop yields. Justin says that REITs could be the way to go for some, but there's other alternatives you should look at. 

The Dallas Fed just announced the Texas numbers and they are terrible. The manufacturing report is abysmal at negative 20. Texas is heading into a recession due to the oil price implosion. What's really bad is that the Oil Patch kept the US Economy afloat during the post-crash era. Is there possibly another sector that can keep it all going? Junk bonds are becoming worth what their name implies. So what's next? Does it spread to the rest of the economy or will it be contained?