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1865: Are You Recession Ready? Peter Goodman's Davos Man Part 2
Description
The economic landscape is changing fast and Jason Hartman reminds you that one of the best things you can do is to “dig your well before you’re thirsty,” in other words, prepare yourself for a recession before it happens. On today’s episode, he encourages you to secure lines of credit so they are ready when investment opportunities arise.
If you aren’t a member already, Jason’s Empowered Investor Pro meets monthly and discusses the most urgent issues in this changing market. Last night’s meeting centered around rent increases and adjustable rate mortgages, so join today or risk getting left behind!
Today’s guest is Peter S. Goodman, Global Economic Correspondent for The New York Times, author of Davos Man: How the Billionaires Devoured the World. Peter profiles the “Davos Man” - someone who makes himself the solution where he is actually the problem. We’ve seen the billionaires who meet in Davos at the World Economic Forum generating profit opportunities for themselves at social expense. What is the solution?
You can watch the video HERE.
Key Takeaways:
Jason's editorial
1:03 Introduction: Davos Man and Woke Inc.
3:01 Join the Empowered Investor Pro today! Go to EmpoweredInvestor.com
3:32 Population clocks and America's favorable demographics are driving up rental prices
5:49 A real world example
7:09 Adjustable rate loans
9:00 What to do now?
11:17 Look for ways to cut expenses
11:54 Secure credit lines. Free funding workshop at JasonHartman.com/Fund
13:25 Dig your well BEFORE you're thirsty
14:28 Set up entities to protect assets. Go to JasonHartman.com/Protect
15:17 Make educated investments. Watch the video on JasonHartman.com to learn how to analyze a real estate deal
15:57 More to follow
16:35 Tucker Carlson: Corporate America wants you childless
Peter S. Goodman interview
20:14 Recap: “Davos Man” makes himself the solution where he is the problem
20:57 Bankers get bailed out, but homeowners don’t
21:51 Healthcare system and surprise billing
26:01 Generating profit opportunities for themselves at social expense
32:05 Is Trump the “Anti-Davos Man?”
34:54 China is a complex challenge for the global trading system
39:40 China's WTO session was driven by the interests of American shareholders
41:36 Our democratic society is under threat from this inequality
42:53 We need three things: progressive taxation, antitrust enforcement and collective bargaining
43:48 Get more info at PeterSGoodman.com/. Follow Peter on Twitter @petersgoodman
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