Todays Flash Back Friday comes from Episode 641, originally published March 2, 2016
Dedicate a portion of your wealth to your living, emotional and material capital.
If you have been watching mainstream media to keep up with current events in the financial world you may not have heard of these alarming changes. Chris Martenson joins Jason to warn us all about the looming upheaval in the global economy, additions to legislation in the US, and how the stock market no longer makes sense. 2016 could be the year the world falls into a deflationary spiral causing many countries to default on their dollar based financial obligations. He says the warning signs are there and if you are concerned with keeping your life balanced you should be investing in alternatives to oil, fertile land and your emotional well-being.
[1:42] Why is it an amazing time to be alive?
[2:48] The Salt Lake City JHU Live event
[5:14] Join the Venture Alliance Mastermind – Commandment #3 Thou shalt maintain control
Chris Martenson Guest Interview:
[9:09] Will Brazil be the first Black Swan default country?
[14:21] During the global downturn there will be nowhere to turn
[15:35] Japan – Demographics and the lack of natural resources will be their downfall
[17:59] The economic debt of the world is 200 Trillion dollars
[20:30] Normalizing interest rates
[21:37] 2016 – The global economy could go into a deflationary pattern
[27:46] The Omnibus spending bill made derivatives senior obligations of the banks
[33:13] People should become aware of the risks and make an action plan
[35:25] “How to Prosper” and how to become resilient
[40:12] The stock market no longer makes sense
[43:34] Robots will be a true disruptor
[45:44] The future will see 3 billion people in the middle class who are consumptive
[49:49] How to contact Chris and get the “How to Prosper!” book
[50:26] Losing emotional capital costs more than financial ruin