As the global financial crisis spreads and the Fed prints more and more money to try to save the U.S. economy, the average person is wondering how can they avoid being caught in the next crash. First, you must understand that the mess the U.S. is in has been happening since 2008. Mortgage-backed securities were the pin that popped the bubble in 2008, and the pin today is the coronavirus—not the cause. The real cause of the economic problems is what 99.9% of the people can’t see—the structure of the economy itself. Guest George Gammon, American real estate investor and entrepreneur, says, “Whether it was mortgage-backed securities or Covid-19, it doesn’t matter, sooner or later, a system that is broken will finally break.”
Listen as hosts Robert and Kim Kiyosaki are joined by guest George Gammon for an in-depth discussion on:
- The effects of the repo market on the economy
- Dollar swap lines
- An inflationary and deflationary economy
- How to position yourself for the next crash
Twitter: @georgegammon
Podcast: The Rebel Capitalist Show
Website: http://www.georgegammon.com
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Disclaimer: The information provided in this episode is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.
The content presented here is based on the speaker’s personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.