HS 296 - The Breaking Point: Profit from the Coming Money Cataclysm with James Davidson

Jason Hartman talks with James Dale Davidson, co-founder of Agora Publishing, Founder of the National Taxpayer's Union, co-editor of Strategic Investment for the Sovereign Society, and founder of Newsmax. James has just written his newest book, The Breaking Point: Profit from the Coming Money Cataclysm. James believes that, in his lifetime, we are likely to see a massive marketplace disaster compliments of Obamacare, Chinese ghost towns, printing money, and other bad economic decisions. Key Takeaways: [1:50] The current business model and social contract which supported it is no longer in the Western Civilization. [6:27] Shorter life expectancy for middle-class white voters may have led to more votes for Trump [9:43] What does the US economy look like under a Trump presidency? [10:57] James' latest book, The Breaking Point, examines the relationship between drug companies and the food industry. [14:49] Our politicians need someone with business savviness to help them along [18:30] James sees similarities between Bernie Sanders and Karl Marx. [20:32] Fake capital lets people borrow money practically for free [27:56] Why continually passing the buck to the next generation isn't a good idea [31:52] Chinese ghost towns used more cement in a dozen years than our entire country did in the 20th century [37:57] Most of the copper used by the Chinese came from Chile. [41:18] We are staring into the face of the biggest economic crisis in history Website: The Breaking Point: Profit from the Coming Money Cataclysm www.SovereignSociety.com