Kerry Lutz's--Financial Survival Network (general)

Summary:
We’re in a post bubble contraction, and Bob Hoye comes on the show to break this down for us. Bob specifically studies financial bubbles, and notes a few features that are indicative of these bubbles—such as the decline of real long interest rates. Furthermore, we talk about gold stocks in relation to the bubble, and Bob shares some information about what to expect in the near future.

Useful Links:
Financial Survival Network
Charts and Markets

Summary:
Can a career in production yield a successful real estate investing career? In Matt Picheny’s case, it absolutely can. Matt moved to NYC years ago to pursue acting, and then found himself in a digital marketing career that eventually transitioned to real estate. He has discovered the importance of persistence in each of his career paths—especially real estate investing—and emphasizes the significance of fostering good relationships. Tune in to hear Matt Picheny’s unique perspective about investing in real estate, and to hear tips on how anyone can get involved.

Highlights:
-How did this skill set Matt up for being a real estate investor? A number of events/skills let to Matt becoming a real estate investor
-He moved to NYC and was a professional actor for 5 years. For 18 years, he had a digital marketing career and then transitioned to real estate
-Persistence has allowed him to succeed, and this skill always prevails in the long run
-Success is a rollercoaster
-Everything is life and business is about relationships, so it is important to develop these
-As things become more digital, how do you bridge this divide? How do you allow technology to help you rather than block you from creating new relationships?
-Use technology to foster relationships
-You can facilitate deals without putting down money
-One suggestion for someone wanting to get in the business is education: get in a classroom, read books, or listen to podcasts
-It’s also important to take action. Don’t fall into paralysis analysis
-Fear of the future is often worse than the future itself

Useful Links
Financial Survival Network
Picheny

Summary:
Global turmoil is deepening, and the Russia/Ukraine war is escalating. How are these problems going to affect commodities/markets? John Rubino comes on the show to unpack this. Energy and food are going up while housing and used cars continue to go down. Additionally, we have a crucial election coming up that could yield a very divided government. There is a lot to discuss, so be sure to tune in to this episode!

Highlights:
-Global turmoil is deepening; the Russia/Ukraine war is escalating
-The best time to be a defense contractor is during war
-PayPal is penalizing subscribers $2500 if they say something that contradicts the official line of the government
-We are seeing energy and food going up, while housing and used cars go down
-In the short run, food and energy will give us inflation above the 2% target
-Midterm elections are going to possibly be very serious—especially in consideration of crime and inflation
-We will potentially have a divided government for the next couple years; both sides will have different opinions about how to fix things
-Keynesianism doesn’t recognize debt as part of its model, which has implications for government thinking

-Gold and silver protect you in the long run with a crazy world

Useful Links:
Financial Survival Network
Dollar Collapse

Summary:
Job numbers appear to be strong; are they a lagging indicator or a leading indicator? Edward Siddell, CEO of EGSI Financial, comes on the show to warn us of the recession we are in. Rather than moving towards recovery, we are approaching a tough year; we will probably see one more rate raise in March of 2023, and other subsequent shifts. Tune in for more information on what’s to come.

Highlights:
-Edward’s firm is at the forefront of retirement planning
-Rather than approaching recovery, Edward says we are in a recession
-2023 is going to be a tough year—we’ll probably see one more raise in March
-No one wants to take the risk calling Powell’s bluff
-The worse the economy gets, the faster the pivot downward is going to go
-We’re not going to see changes until the dollar weakens
-Is this recession going to be similar to or different from all the others? Time will tell
-Be cautiously optimistic
-We’re seeing a raise to liquidity
- The Fed doesn’t have much other choice than to print money

Useful Links:
Financial Survival Network
EGSI Financial

Summary:
You may have escaped the recent hurricane on the East coast of the US, but everyone is going to get hit by the economic storm taking place. Here to talk about this is Michael Pento, who predicted the record high inflation that has been rampant throughout 2022. He explains some of the culprits of the most pressing economic problems today—to which demand destruction and rising nominal interest rates have affected various markets. Tune in to hear more about what’s in store and to get Michael’s firsthand perspective.

Highlights:
-The economic storm taking place is a category 5 and no one seems to be aware of it
-Back in 2021, Michael predicted record high inflation for 2022 and the Fed slamming on the brakes in an extremely weak economy
-The Federal reserve has only raised interest rates by 400-500 points a year twice
-Something in the credit markets is going to have to break for the Fed to come to the rescue
-We have added $3 trillion to household debt to GDP; it is significantly higher than it was in the past
-We’re already above the rate Powell was threatening to take us to
-It’s not just the dollar that’s hurting us; it’s demand destruction
-All bank loans have gone up exponentially, and all debt is hurting the consumer
-With deflation, the real price of gold could go up while the nominal price goes down
-Rising nominal interest rates lead to rising real interest rates
-When real interest rates are rising, you don’t want to go near gold
-Michael doesn’t think energy prices will go down in the short term, but that demand destruction will become so acute in 2023 that prices could go down
-2023 has a huge recession in store
-You stay in power by giving people things for free, but this creates problems

Useful Links:
Financial Survival Network
Pento Portfolio Strategies

Summary:
These are dangerous times in global markets, stock markets, and commodities. Can you make money in a market like this? Chance Finucane comes on the show to discuss this topic; based on past long term bear markets, there’s still a way to go before you should consider hopping back in. Inflation has already peaked, but it is not going to decelerate in the way that the Fed hopes. There are many factors at play in regard to the current market, so tun in for the latest insights.

Highlights:
-What sort of strategy do you implement in this market? The focus is much more on preservation of capital; Chance doesn’t mind increasing liquidity
-Chance might not hop back into the market until sometime next year. Based on analyses of past long term bear markets, there is still a bit of a way to go
-Chance’s company typically invests on behalf of former business owners, and they try to manage the downside so that bonds/portfolios don’t go down too much
-Inflation peaked in June when it got to around 9%
-Inflation is going to decelerate, and will probably stay in the mid-single digit area for longer than you would expect
-There are lots of external factors, especially with oil
-Chance’s company likes the pipeline businesses
-Usually this recessionary environment isn’t good for commodity prices
-We’ve started to see some home price decreases
-People aren’t willing to leave their current home if they own one

Useful Links
Financial Survival Network
Oxbow Advisors

Summary:
Real estate is the big question on everyone’s mind: can you stay in real estate or should you sell? I have real estate expert Naresh Vissa on this episode to talk about this, and we are facing precarious market conditions. However, this doesn’t mean you shouldn’t keep your eye on real estate over the next few months. Naresh advises investors to wait until interest rates peak, and look into possibly getting in the market around December/January. Tune in for more advice on navigating the current real estate market.

Highlights:
-How do you make money with 7% 30 year fixed rate mortgages?
-Unless you’re working in the space, you probably don’t fully understand the real estate market
-Home values are going down
-We’re seeing a 1% decrease per month on home values
-The Federal Reserve is raising interest rates; it looks as if they’re trying to change course and do a soft landing
-It’s not a bad idea to wait another 2-3 months as interest rates peak and then get in around December/January
-Look at where declines have been, which places are offering discounts, etc.
-As you have fewer buyers, rent prices are continuing to climb

Useful Links:
Financial Survival Network
naresh@nareshvissa.com

Summary:
Looking to rid yourself of your debt? If so, you don’t want to miss this episode. Adam Carroll’s business implements what he calls “The Shred Method” in order to get people out of debt in 3-5 years. This is done through home equity lines of credit that move in tandem with where rates are going. Using a special software, the algorithm adapts to someone’s specific income, equity, and debt, and allocates money accordingly. Tune in for more information on The Shred Method and tips on how to re-think your debt.

Highlights:
-Adam uses what he called “The Shred Method,” or home equity lines of credit
-The line of credit moves in tandem with where rates are going
-By next summer, we could see 8% mortgage rates
-Income begins to cycle through the HELOC
-Interest is charged on the ending daily balance
-The Shred Method involves working with a coach because everyone has a certain risk profile
-Adam’s team likes to analyze income, equity, and the consistency/predictability of these things
-You can save a large amount of money in interest, and earn back more of your income
-Local banks/credit union are still open to doing lines of credit
-There’s little risk involved if you follow the model closely
-We’re finding the normalization point in the curve
-Shred is a behavior modification tool—constant reminders of what to do and when

Useful Links:
Financial Survival Network
The Shred Method

Summary:
What’s going on in the markets? Stockton University Professor of Finance, Michael Busler, comes on the show to talk about why markets are behaving in the way that they are. The stock market and investors are ultimately telling us that the recession we’ve been talking about is real, and and it is going to continue to get worse over the next year. Additionally, multiple sectors such as energy and agriculture (i.e. grain) have been greatly impacted by the war on Ukraine, and have caused further geopolitical conflict. Tune in for more insight on what’s to come.

Highlights:
-Professor at Stockton University
-The total wealth of the stock market has declined by almost $9 trillion
-The price you’re willing to pay for a stock depends on your expectation of future earnings
-If you believe a recession is coming and corporate profit is going to go down, then the price of your stock is going to go down
-The stock market/investors are telling us that this recession is real and is going to get worse over the next year
-The war on fossil fuels is driving prices up and supplies down
-The war has resulted in the shutoff of Russia’s natural gas
-The Biden administration has wanted us to leave fossil fuels since day 1, but not every American is convinced of the validity of this idea
-Reducing the supply of fossil fuels has driven up the prices of energy, which have also been affected by inflation
-The entire energy policy has caused much of the inflation we have today as well as geopolitical problems
-10% of the world’s grains come from Russia and Ukraine, which have been shut off. Food prices are going to go up even more. This will have a significant impact less developed countries

Useful Links:
Financial Survival Network
Michael Busler Twitter
Funding Democracy Facebook

Summary:
We love having guests on Financial Survival Network that can help you bring your entrepreneur game to the next level. Ken Burke comes on this episode to tell you about how you can combine your idea for a business with action to supercharge your entrepreneurial career. Ken discusses multiple strategies for getting your business out there; it’s important to not only manifest your goals, but to take action and put in the time/work to grow your business. Rather than imagining failure and looking for obstacles, start learning and get feedback from other entrepreneurs to make the necessary improvements.

Highlights:
-Ken is all about teaching people to embed growth in their businesses
-Entrepreneurship is a learned skill; it is a passion to create something out of nothing
-How do you know when your passion/business idea is legitimate? If you have an idea, remember that action creates momentum
-Google competitors and other products/services to take steps towards your idea
-A great entrepreneurial skill is patience and perseverance; you have to be in the game to win the game
-Remember that things don’t necessarily work on YOUR timeline
-Make sure your idea is financially feasible. If you can’t make money with your idea, you can’t grow it or create meaningful impact
-The law of attraction is helpful for clarity and directing your energy towards something that can manifest/produce itself. On the flip side, it doesn’t provide the action that is needed to create something; you have to do this!
-Fear of failure stops entrepreneurs from actually pursuing their idea because they fall into analysis paralysis
-We are ultimately all hear to learn, grow, and develop; failure is impossible because these feats always teach us something and allow us to get better
-The stronger the problem an entrepreneur is solving, the bigger the opportunity
-Get feedback from other entrepreneurs and your target market. Your idea may need refinement so that people can understand it
-People want to know that they can get out of your product; focus on the emotional output of your product

Useful Links:
Financial Survival Network
Prosper: Five Steps to Thriving in Business and in Life
EntrepreneurNOW

Summary:
Chris Markowski—AKA Wall Street’s Watchdog—has some criticism for the Fed, and comes on the show to talk about what they’re doing wrong at the moment. A lot of the conventional wisdom that is being taught about the Fed needs to be re-evaluated; there are a myriad of solutions for the current economic problems that go beyond our conventional perception of the Fed’s role/power. Nonetheless, there is a lot to be taken advantage of right now from an investing standpoint, and Chris names some assets and ventures to keep your eye on.

Highlights:
-Inflation is not transitory. Additionally, the Fed had raised rates slightly last year or cut back on bond buying, the situation could be different
-Markets got crunched this year
-The concept that the Fed is going to be able to solve this is just one part of the solution—things can be fixed in a myriad of ways
-We don’t have enough resources for things like alternative energy
-A lot of this inflation is self inflicted
-Many recessions in the past haven’t been named recessions until later, but we’re currently seeing slowed economic activity on numerous fronts
-As an investor, there’s a lot you can take advantage of
-Chris gets nervous when markets are rapidly going up
-It’s all about quality and companies that pay you to own them
-Uranium and lithium need to be part of your portfolio
-Many commodities across the board are starting to come down

Useful Links:
Financial Survival Network
Watchdog on Wall Street

Summary:
Looking to raise capital as a real estate investor? Dave Dubeau has some useful strategies to share. Even with interest rates going up and rampant inflation, Dave says that this can actually work to your advantage with raising capital for real estate investing. Comparatively, these ventures look more promising than other investments. Tune in for more information.

Highlights:
-Even with interest rates going up, we’re big on real estate because of the housing shortages
-We’re bullish on real estate, but the biggest obstacle you’re going to encounter in real estate is raising capital
-Dave discusses strategies for getting the money for the initial costs/down payment
-If possible, use your own cash/credit for your first deal
-Get in the game and learn what’s going on with the deal
-Be actively involved in the after-purchase part of the process
-Focus on a type of real estate investment that makes sense long term
-With interest rates going up, it can actually help to raise capital and bring investors on board because your can compare/contrast what they’ll be getting with your real estate deal vs. other investments
-Focus on where your strengths are; it depends on what you’re doing and what deals you’re looking for

Useful Links:
Financial Survival Network
Raise Capital 101 Show

Summary:
There’s so much happening in crypto with the bear market, so Gregory Johnson comes on the show to tell us how cryptocurrencies are going to behave in light of the financial world. As the CEO/Founder of Rubicon Crypto, Gregory’s mission is to provide investment solutions and understanding within the crypto space. He explains that regulation is actually going to drive the next bull run, and stresses the importance of having the longest term view when investing in crypto. Tune in for more expert insight.

Highlights:
-There’s a lot going on in crypto; bear market and Bitcoin is with us
-We have been trading mildly under the resistance point in the last few days
-A lot of the crypto behavior is going to depend on what’s happening in the financial world. We’ve seen interest rates going up, but this shouldn’t deter the optimism and excitement for the timeline investors should be thinking about in terms of digital assets
-Ethereum is the largest cryptocurrency in terms of network usage and integration
-The dollar is hitting record levels on the DXY index
-With cryptos, there’s all sorts of ETFs and futures contracts
-We need to be mindful of celebrity investing culture
-Regulation is going to drive the next bull run
-Early adopters will benefit from increased structure, from a regulatory perspective
-If you are involved in digital assets, you have to have the longest term view.

Useful Links:
Financial Survival Network
Rubicon Crypto

Summary:
An election took place in Italy that could change things, and the Euro has been sinking like a stone…What’s in store for Europe? I sit down and chat with John Rubino to discuss the European economy. Their energy system has taken a turn for the worse, and their currency problems cannot be fixed with with monetary policy. They will inevitably have to tighten, as inflation and broken supply chains cannot be fixed with easy money. Tune in for more insight on what’s to come for Europe.

Highlights:
-The dollar is strong—which is the flip-side of this situation
-Europe has screwed up their energy system and is trying to run a modern economy on ancient energy resources
-There was a major drop in Pound Sterling
-There’s not obvious end to this. They have to borrow money to cut taxes, as well—which means creating more currency
-The Euro is below the dollar now
-Europe’s mistakes cannot be fixed with monetary policy, but they’re going to have to tighten
-Inflation and broken supply chains cannot be fixed with easy money, so the central banks are stuck
-With alternative energy (especially electric cars) there are many considerations that come with transitioning to these sources
-Houses were very inexpensive 2 years ago, and now they’re unaffordable. If nobody can afford houses, nobody can buy houses. We will probably see a big crash in home sales
-Tightening is going to have to go on longer, but most places you look, inflation has dissolved
-Many effects of inflation are going to be with us for years
-Tens of trillions of dollars are evaporating from the portfolios of the billionaire class
-In the end, the system works for the people with the money
-The federal reserve wasn’t just set up by the banks; it is owned by the banks

Useful Links:
Financial Survival Network
Dollar Collapse

Summary:
Gold and silver prices have gotten beaten up in the last few days/months. What is the reason for this? Todd “Bubba” Horwitz comes on the show to bring us up to speed with the precious metals, and emphasizes that we are not in the idea situation for gold at the moment. He advises buying it—but not with leveraged money. Moreover, it’s most crucial to focus on your own portfolio right now rather than getting lost in what’s happening with the rest of the markets. Tune in for more insight.

Highlights:
-Most investors try to make a winner out of a loser
-We have dramatic inflation and the dollar is exploding, but this isn’t the idea situation for gold
-It’s important, however, to focus on your own portfolio/finances. Not being a loser makes you a winner
-We’re coming into a major food shortage in the U.S. There are already food riots in the Middle East
-Food shortage has been underplayed/underreported in China. They now can’t buy enough food
-Todd believes in buying physical gold—as long as you’re not buying it with leveraged money
-Everyone should own a portion of precious metals—but not paper ones
-You lose your freedom if you become a victim of market volatility

Useful Links:
Financial Survival Network
Bubba Trading

Summary:
he euro is going higher than ever…How does this affect Europe? Octavio Marenzi comes on the show to talk about the circumstances in Europe with regard to currency, the energy crisis, and the prospect of shifting politics. There is change on the horizon—some of it being negative—and Octavio gives his firsthand perspective on what’s to come.

Highlights:
-Things look normal so far, but change is lurking on the horizon
-Europe is going through a major energy crisis, however
-Octavio’s gas bill just doubled
-A group of politicians may come forward that is not as likely to put sanctions on Russia; they may also rethink some of the environmental policies
-The woman who running for Prime Minister in Italy looks a bit like a right-wing populist
-There is a flawed system within the politics that no one has gotten around to fixing. People who have gotten to the top within these systems are reluctant to change them
-Russian gas flow has been mostly cut off to Europe
-The Russians perhaps feel more attacked than the Germans, and may be willing to hold out for a longer period of time

Summary:
he euro is going higher than ever…How does this affect Europe? Octavio Marenzi comes on the show to talk about the circumstances in Europe with regard to currency, the energy crisis, and the prospect of shifting politics. There is change on the horizon—some of it being negative—and Octavio gives his firsthand perspective on what’s to come.

Highlights:
-Things look normal so far, but change is lurking on the horizon
-Europe is going through a major energy crisis, however
-Octavio’s gas bill just doubled
-A group of politicians may come forward that is not as likely to put sanctions on Russia; they may also rethink some of the environmental policies
-The woman who running for Prime Minister in Italy looks a bit like a right-wing populist
-There is a flawed system within the politics that no one has gotten around to fixing. People who have gotten to the top within these systems are reluctant to change them
-Russian gas flow has been mostly cut off to Europe
-The Russians perhaps feel more attacked than the Germans, and may be willing to hold out for a longer period of time

Useful Links:
Financial Survival Network
Opimas

Summary:
Where are the markets heading? Chris Vermeulen comes on the show to talk stock markets, precious metals, oil, and the other industries we’ve kept our eye on. The predominant theme right now is panic selling; people are eager to get out of the stock market, but with this selling comes strong rallies. Gold is hanging on by a thread, and needs to show more consistency in order for it to look promising. We are also seeing the energy sector struggle; Chris points out that all assets follow the broad market, and advises not to get overly confident in this circumstance. Ultimately, capital preservation is the most important thing right now—with an emphasis on low risk investments.

Highlights:
-We’ve were seeing a rally over the last few weeks, but now we’re experiencing panic selling; people want to just get out of the markets
-We’re in a strong down-trend. Bonds and equities are selling out; however, this could give us a bottom for a tradable bounce
-With panic selling comes strong rallies
-Downward price action will bring the stock market down into a major support zone. From here we could see a 5-10% bounce in the market
-Gold is hanging onto a thread; if it breaks, it could go back to 1300
-There’s going to be a lot of volatility/pain for those who don’t have a plan to get out of the precious metals
-The market is trying to suck people in to get traders excited
-It needs to hold 21 for more than a day to actually be interesting
-The energy sector is struggling

Useful Links:
Financial Survival Network
The Technical Traders

PLEASE PUBLISH AFTER NOTES/ARTWORK ADDED. THANK YOU :))

The world is a mess and things aren't getting better. There's no end in site to the Ukraine war and the situation in Europe keeps getting worse and worse. We sit down with Martin Armstrong to get the latest update. He sees gold going much higher in Q1 2023. The loss of faith in all governments keeps increasing. China is a lost cause as well. But the US is a beneficiary of everyone else's misery. That's just the way the world works. 

Martin sees a major backlash coming in the aftermath of the 2022 mid-term elections. His model is questioning whether or not the 2024 presidential election will even take place. What could possibly happen to stop it and does it matter anyway? 

This is a must listen to interview. 

Summary:
Commodity prices have gone down and interest rates have gone up, but what else is going on? Is inflation peaking? Erik Hadik comes on the show to talk about this, and reports that multiple gauges for inflation indicate that it is most likely at its peak. Erik urges us, however, to not read too far into these cycles—pointing out that cycle highs don’t necessitate an immediate down trend to follow. Tune in for more expert insight.

Highlights:
-Erik Hadik said inflation was going to peak in Q3; is this true? Commodity prices have gone down and interest rates have gone up, but what else is going on?
-There are many gauges for inflation
-Each indicator/cycle gives you a certain amount of information or data, but don’t read into it too much. When you’re in an up trend, it could top at ten in one month and then pull back to eight—trading between these
-A cycle high doesn’t tell you that there is a down trend to immediately follow
-The dollar is making highs and was trading above par with the dollar; it looks like things are coming up
-This could be the terminal rally in the dollar leading to a multi-year rally starting next year
-We still have a few months left and a few rate hikes
-The trajectory of rate hikes isn’t going to stay the same, or even remain as intense
-Oil has remained below the significant cycle high
-There’s a good chance for cryptocurrency to see a run=up in the coming months

Useful Links:
Financial Survival Network
INSIIDE Track Trading

Summary:
What do you do when markets get volatile? Dutch Masters, the CEO of Carnivore Traders, sits down and chats with me about some of the trading strategies they use within his group to combat the effects of this volatility. Tune in to learn about what types of stocks to watch in this market, and to get knowledgable expertise from Dutch.

Highlights:
-We’ve been long, short, long/short at the same time…when the markets get volatile like this, it’s difficult to find a trend either way
-To combat this, they shorten their trading time frame
-In a bull market, they go after SAS companies—stocks that are very volatile and move many points a day
-Many people don’t understand the dynamics of the stock market, which is crucial in comprehending how individual stock prices move

Useful Links:
Financial Survival Network
Carnivore Trading

Summary:
Craig Hemke comes on the show to give a comprehensive update on precious metals—which have been sinking. Craig says that it’s remarkable that they’re not even more down based on interest rates, the stock market, and the Fed’s recent decisions. There seems to be a sense of complacency with the Fed, but it’s time to acknowledge that they can’t fix everything, and many of their recent moves have worsened the problems we’re currently facing. Listen in for more insight from myself and Craig.

Highlights:
-Precious metals have been sinking
-Gold and silver are down, but it’s remarkable that they’re not down more in consideration of interest rates, the stock market, and the Fed’s moves
-Silver is closer to/has already seen its lows
-Craig is more worried about gold, running its stops
-The Fed needs to make a choice between letting the dollar go to nothing, or killing the economy/stock market
-People are viewing the Fed as an omnipotent force with full control over currency
-There is complacency across the markets, but this is not a sustainable way of thinking

Useful Links:
Financial Survival Network
TF Metals Report

Summary: Adam Curran comes on the show to share his investment philosophy—influenced by his upbringing and exposure to middle class life. Adam’s view of the economy is largely shaped by the people he advises; in his career he quickly learned that much of his Wall Street knowledge was useless. Rather, kitchen table financial planning taught him a lot about how everyday finances work, and what’s really important within the markets. Tune in for more information.

Highlights: -Adam grew up helping him answer his Mom’s business calls. His Dad was an engineer so he also became skilled with numbers/math -Certain communities have lost touch with the challenges and concerns that people have on main street kitchen tables -Adam started his company after having conversations with these people and learning about their struggles -Kitchen table financial planning taught him that what he learned on Wall Street was meaningless—especially for families trying to calculate their expenses -How low can the current markets go? There is a lot of capital on the sidelines that Wall Street analysts are hiding—with the perception that it’s going to go away soon
-Adam could see the market dropping another 20% -

Adam’s advice: Take a chunk of your portfolio and put it in something predictable/dependable, have a heavy emphasis on stocks that pay dividends, and don’t turn your back on the market. -There’s no asset class quite as good as income producing real estate; it’s best to sit on the sidelines and catch certain deals. It’s not about the home’s value, it’s about having a tenant in that home

Useful Links: Financial Survival Network

Summary:
John D. Kuhns sits down and chats with me about Chinese infrastructure—which is lacking in strength and often misrepresented by the media. John provides an insider perspective; as someone who is working to save Bougainville, he notices a lot of the corrupt methodologies of the Chinese when it comes to building and infrastructure. He also predicts that China is at its peak as a commercial enterprise. Tune in for more insight.

Highlights:
-In addition to being a novelist, John D. Kuhns has extensive experience working overseas and in various fields
-He’s handled various hydro-projects and electric projects in China
-John thinks China is probably right at its peak as a commercial enterprise due to a few reasons, one being demographic trends
-Additionally, the no-COVID policy has slowed the country down
-Lastly, most economists estimate that the pervasive fraud takes about 20% of the cash out of the system manually, which isn’t sustainable
-There are quality issues with the Three Gorges Dam
-They have no interest in doing rudimentary, basic maintenance. They simply want to get it built rather than focusing on its infrastructure
-The dam is built on two earthquake faults; we’re seeing cracking and draughts
-John D. Kuhns has also been making efforts to save Bougainville
-If the mine there was rejuvenated today, it would be one of the top ten silver/copper suppliers in the world
-His latest book They Call Me Ishmael, is about the current president of Bougainville; there hasn’t been much literature on Bougainville due to the crisis

Useful Links:
Financial Survival Network
John D. Kuhns

Summary:
Are we going to face perpetual shortages? Daniel T. Matalon comes on the show to assure us that the shortage of resources is not our fate. Daniel points out that there has never been a point in human history that we didn’t replace a resource that ran out with a better one. Furthermore, Daniel discusses how we measure wealth, and the way that communication and agreement allows us to produce more access to wealth. Tune in for more insight.

Highlights:
-Are we going to face perpetual shortages? It comes down to survival economics
-When discussing human impact investors, Daniel looks to the question of how we can raise $3.5T in what we need for human infrastructure spending
-Is there enough energy in California? If you’re in Europe, the answer is also know. Energy prices in Europe are 17x higher than they are in the United States
-We are proponents of the world game
-Have we ever run out of a resource in human history that we didn’t replace with a better one? Up until now, we haven’t
-Human beings are more providers than they are consumers
-Our ledger of wealth is survival over time
-Wealth is produced by agreement; if we could become more capable of agreement, we would create more access to wealth
-Daniel is about making the world work for 100% of humanity
-At the end of the day, regardless of our partisan positions, we have to figure out what we’re going to do about it regarding if there are enough resources
-Liberals and conservatives both value fairness, but their partisan backgrounds influence their interpretation of fairness

Useful Links:
Financial Survival Network
#IsThereEnough