23 min listen
The Biggest Threat to America Today (And How to Protect Yourself)
The Biggest Threat to America Today (And How to Protect Yourself)
ratings:
Length:
28 minutes
Released:
Apr 19, 2019
Format:
Podcast episode
Description
Warning, warning! This will be one of my more cautionary shows. So only listen if you want a dose of reality. Or if you want to better understand my mission here. Even though we've seen asset values and stock prices going up, there are some real threats to our country today. I think the biggest threat is our addiction to debt. The national debt continues to balloon out of control, to the point where our government can't even barely afford the interest payments on that debt. The same is true for many corporations, who borrowed way too much money when interest rates were at near zero levels. The Federal Reserve is in a pickle. If they continue to raise interest rates, it will be even more difficult to pay off debt. So it essentially loses it's power to regulate the economy by raising rates - if things get too heated. It also has lost the power to lower rates because they are already so low. What does this have to do with real estate investors? As you'll see in the following interview, real estate is a hard asset - and one that people need. It is not flimsy like fiat currency - like the dollar - that is really tied to nothing anywhere and only has value because the US. government says it does. If the value of the dollar declines, there's a good chance the value of hard assets increases - because you need more dollars to pay for the asset. Our guest today outlines these ideas in his book, How To Press America’s Reset Button which can be found on Amazon. Sean Burke also has a radio show called the Sean Burke Show, which focuses on national politics, coming economic disruptions and national news, as well as interviewing and highlighting changemakers in our society – people who are making a positive difference in the world at levels both small and large. www.RealWealthShow.com
Released:
Apr 19, 2019
Format:
Podcast episode
Titles in the series (100)
Opportunity Zone's HUGE Tax Incentives Defined: Investors, flippers, landlords and real-estate developers, listen up! The opportunity of a lifetime - the one you've been waiting for - is here! You have the chance to make a lot of money, and pay no capital gains tax on that money, if you invest in... by Real Wealth Show: Real Estate Investing Podcast