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The U.S. Is Failing. Trump’s Response? Gasoline. (And it's not over yet)
Description
The episode discusses Moody's recent downgrade of the US credit rating from AAA to AA1, outlining the potential impacts on rent, savings, and jobs. Matt explores the reasons behind the downgrade, previous downgrades by Standard & Poor's and Fitch, and the broader economic implications. It criticizes the US government's handling of its debt and highlights contrasting views from President Trump and major financial entities. The episode also provides a 'five-step exploit and escape strategy' to protect oneself, focusing on hedging with gold and Bitcoin, leveraging debt, securing cheap loans, investing in income-producing real estate, and using inflation to one's advantage.
BUT BEFORE THAT, hear why Costco is acting like a central bank!
About the "EXPLOIT & ESCAPE" strategy:
https://drive.google.com/file/d/16EZMfOM_JYXbqs7t3OZ_fGXDqrWo0sdQ/view?pli=1
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