Today’s Flash Back Friday comes from Episode 296, originally published in March 2017.
Jason Hartman talks with James Dale Davidson, co-founder of Agora Publishing, Founder of the National Taxpayer’s Union, co-editor of Strategic Investment for the Sovereign Society, and founder of Newsmax. James has just written his newest book, The Breaking Point: Profit from the Coming Money Cataclysm. James believes that, in his lifetime, we are likely to see a massive marketplace disaster compliments of Obamacare, Chinese ghost towns, printing money, and other bad economic decisions.
[1:50] The current business model and social contract which supported it is no longer in the Western Civilization.
[6:27] Shorter life expectancy for middle-class white voters may have led to more votes for Trump
[9:43] What does the US economy look like under a Trump presidency?
[10:57] James’ latest book, The Breaking Point, examines the relationship between drug companies and the food industry.
[14:49] Our politicians need someone with business savviness to help them along
[18:30] James sees similarities between Bernie Sanders and Karl Marx.
[20:32] Fake capital lets people borrow money practically for free
[27:56] Why continually passing the buck to the next generation isn’t a good idea
[31:52] Chinese ghost towns used more cement in a dozen years than our entire country did in the 20th century
[37:57] Most of the copper used by the Chinese came from Chile.
[41:18] We are staring into the face of the biggest economic crisis in history