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1975: Oren Klaff, Pitch Anything, Quantitative Easing, CNN Reports Massive Housing Shortage, Bank Collapse, Living in a Bail-out Culture

Today Jason talks about the zeitgeist of our time and living in a BAILOUT culture in our society, with all the quantitative easing during the COVID era and the current banking collapse debacle. He talks about how the elites, governments and central banks are vividly demonstrating the ‘Cantillion Effect’ right before our eyes and the implications it has in today’s massive housing shortage!

1974 FBF: 30 Mistakes Investors Make Preventing Financial Independence

Today’s Flashback Friday is from episode 141 published last December 28, 2009.

During turbulent economic times, people can become their own worst enemy.  The uncertainty of the stock market creates massive insecurity about our investment portfolios. These doubts are quite reasonable and it is time to stop trusting Wall Street and start being a direct investor by purchasing hard assets which are not subject to the greed, graft and manipulation of CEOs, investment bankers, fund managers and the government. Prudent investing is a prerequisite to The American Dream of financial freedom.

1973: Housing Inventory Falls, Silicon Valley Bank Collapse, Moral Hazard, Mismanaged Portfolio, Improper Risk Management, Alfonso Peccatiello

Alf is Italian but is coming today from the Netherlands. He and Jason talk about some of the factors that contributed to the collapse of the Silicon Valley Bank, the largest bank failure since the 2008 financial crisis. They discuss the moral hazard involved, mismanaged portfolios and the lack of proper risk management- factors that culminated on the banks demise, making investors question whether this will spark a broader banking meltdown.