www.thepanicof2008.com
The Panic of 2008 is a feature length documentary that ask those who predicted the greatest recession since the Great Depression, why did it happen and what are we facing? The documentary is an adaptation of Tom Woods New York Times bestseller Meltdown. Filmmaker Jimmy Morrison is releasing each interview in full for free every month until the film's release.
Doug Casey is a highly respected author, publisher and professional investor. Doug literally wrote the book on profiting from periods of economic turmoil: his book Crisis Investing spent multiple weeks as #1 on the New York Times bestseller list and became the best-selling financial book of 1980.
31:40 leverage by mortgage, no thank you, too risky
RandomUser2009 5 days ago
@Cas91989
It won't happen as he is the perfect opposite of what crony capitalists, welfare parasites, and gov't goons believe.
EconCat88 1 month ago
@Cas91989 you are a beautiful and remarkably insightful young woman
pretorious700 1 month ago
when was this recorded?
moleccccular 1 month ago
@Tasadaru
Fractional reserve banks are technically bankrupt.
Samsgarden 2 months ago
@batmanthe If a bank told the customer that all funds are loans and owned by the bank and may be available upon request at any time, that's fine. FRB by its definition hides behind deposits (reserves) which are actually loans. People think they own their account deposits, they do not.
In a free market, FRB notes would have less purchasing power (deemed riskier and probably more of them in circulation). And competing full reserve banks or customers would "bank-run" them.
rumco 2 months ago
Same ideas many other Austrian economists have. Hopefully one day people will recognize and admit Austrian economics was right.
TWSceptic 2 months ago 2
@Cas91989 the girl not the guy im not that way inclinded, if you want my number just send me a pm thanks :)
yoyuepz 2 months ago
@yoyuepz Thank you but who are you talking about? The girl or the guy b/c there two people in my profile picture.
Cas91989 3 months ago
@Cas91989 wow your hot!
yoyuepz 3 months ago