Fri, 25 October 2019
Jason Hartman talks with G Edward Griffin, author of The Creature from Jekyll Island, about corporate scams. Too many people hide behind the veil that corporations offer; ripping off consumers and shareholders and letting the company take the punishment. G Edward and Jason discuss this topic, as well as how we can actually change things to allow society to hold those responsible accountable.
[3:23] It can perfectly legal to extract millions of dollars from a company while the shareholders value drops to 0
[6:29] Trying to punish "the corporation" just means that shareholders get hurt
[8:56] How do we hold someone accountable when a corporation does something bad?
[10:44] How to actually make change happen to fix this problem
[13:52] Governments have a perpetual lien on your property. There's no such thing as owning something "free and clear"
[19:50] What is reasoning behind people like Soros when they pump money into politics?
[22:26] The Fabian Socialist Society believed you took over society gradually
[26:05] At what point is it proper for the state to intervene?
Fri, 18 October 2019
Jason Hartman talks with David Stockman, former budget director for President Reagan, former US Representative for the 95th Congress, former partner at The Blackstone Group and author of the new book Peak Trump: The Undrainable Swamp and the Fantasy of MAGA. The two discuss Reagan's failure to curtail spending like he'd originally wanted, the difficulty Trump is having actually "draining the swamp", the impact of increasing debt on inflation and whether it's sustainable.
[3:18] Reagan got very little in way of his proposed spending cuts, but got a much bigger tax reduction than proposed, then defense spending exploded
[7:00] Trump's problem was that he recognized the economy was failing but didn't have a program to address it
[12:04] Does our escalating deficit mean inflation is on the horizon?
[16:26] Is our private debt really that bad?
[20:11] How investors should position themselves for the next few years
[22:59] We've learned in the last decade that Central Banks can't cause inflation on a worldwide basis
Fri, 11 October 2019
Jason Hartman has a client case study with David Nelson, who, along with his wife, has amassed a real estate portfolio that has allowed her to retire early to focus on their holdings. David discusses how his cockiness led him into a bad deal, why continual education is important and where his journey is heading.
[5:07] David started getting cocky investing in 2016 and didn't pay enough attention to his inspection
[20:24] Jason's group doesn't do any one off deals
[24:28] How self-management has gone for David so far
[29:18] When you combine education with action you can accomplish nearly anything
[33:01] Why being 80% in on one asset class isn't necessarily a mistake
Fri, 4 October 2019
Jason Hartman talks with Marc Faber, editor at Gloom, Boom, Doom, about what's going on in our economy with the massive asset inflation that's hit in the past few years. The two examine what central banks will have to do in order to deal with the looming shortages and what investments can buck that trend when it arises.
[4:11] Asset inflation is making the rich richer and leaving the poor and middle class behind
[10:18] Will millennials get bailed out by their inheritance from their Baby Boomer parents?
[13:33] The 2 investments that will appreciate in a global downturn
[15:25] 2 ways central banks can print money
[19:57] Inflationary actions can kick the can down the road a long way, but there is one thing that can ruin the party