Kerry Lutz's--Financial Survival Network

Summary:
Could the Yen be the currency to collapse and set off a domino effect? I sit down and chat with John Rubino about all of the economic factors that are contributing to the state of flux we are in. At the most basic level, it is a problem of currency and inflation, but extends to relations with Russia, the prospect of war, and the major mindset shift that is taking place. We are in a time of immense change, and numerous issues are contributing to this change. Tune in for more insight.

Highlights:
-What’s going on with the Yen? It’s all the talk right now
-For the past 30 years, the Japanese has been borrowing large amounts of money and using it to finance infrastructure programs
-For a long time, this worked, and they could take debt at extremely low interest rates. Now, they are facing large inflation, and are struggling to support the currency
-Could the Yen be the currency to collapse and set off a domino effect? Time will tell
-China is the only major economy that is cutting rates, but their currency is falling as well
-Previous bubbles have been sector specific, but this one is centered around money
-Europe is stocking up on natural gas in preparation for the Russian cutoff
-There is zero inflation in the commodity space
-Used cars and home sales are also down
-The people in charge right now seem to want a war
-Elections are coming up as well, and we’re seeing people settling for candidates they may not normally prefer
-States have changed their political alignments, with generational shifts. We may be on the verge of one now
-These things change for a number of reasons. It looks as if we are now focused on things like crime and the declining country
-The Republicans have shifted their rhetoric to appeal to working people rather than corporate CEOs
-Groups such as Latinos have shifted their alignment
-There is a shift in the voter profile that is taking place. This is a necessary shift; we should be focused on class issues and increasing the wealth of the working people

Useful Links:
Financial Survival Network
Dollar Collapse

Summary:
If given the choice, why wouldn’t you reduce the risk of your home getting broken into? Thankfully, you DO have the choice, and Robert Siciliano comes on the show to talk about how this type of risk reduction is massively underutilized. We live in a society where people are preoccupied with information security measures, and yet, these same people neglect to install security systems in their own homes. These extra measures are not synonymous with paranoia; rather, they instill preparation for the criminal activity that can occur anywhere—no matter how safe you perceive your neighborhood to be. Tune in to hear more about why home security is especially important now, and to learn about how you can start taking extra measures.

Highlights:
-We’re in a post-pandemic inflationary environment. How do you survive and thrive in this world?
-Lots of people are resorting to violence and theft. Throughout the pandemic we’ve seen increases in substance abuse, domestic violence, and more division than we’ve ever seen
-There has been an increase in crime all across the board
-Taking extra security measures is especially important right now
-Security begins with the person; you need to understand personal security practices
-15-20 million homes are going to be burglarized in the next decade
-Most people don’t have a home security system because they believe they live in a “safe neighborhood.” Safe is an absolute; there is no such thing as a 100% safe neighborhood
-Crime may be less frequent in certain locations, but it still occurs
-People often perceive those that engage in extra security practices as paranoid
-Most people are in denial about the level of risk they expose themselves to
-It’s crucial to understand your risk and put various levels of security in place. When you do this, you are a much more difficult target
-We know that the “it can’t happen to me” mentality is unrealistic, and this is why we take precautions in everyday life (i.e. putting on a seatbelt in a motor vehicle)
-The people that are preoccupied with information security are the same individuals that don’t have home security systems
-If you could cut your odds of being burglarized, why wouldn’t you?
-Security is ongoing, and it is a process you need to be engaged in
-As humans, we trust by default, and this trust is necessary for our society to function. But it is important to recognize risk

Useful Links:
Financial Survival Network
Protect Now