Episode 51 – Business Time: The Cardroom

The Episode:

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The Story:

If you’ve always lived in a developed country such as Australia, the UK or Norway, you might have the impression that everything is going well, and that the government’s laws are there to help you. Maybe you have the impression that your country’s currency is safe, as “sound as a pound”, and maybe, if you’re an extremist, have the view that it’s morally wrong to do anything without first asking your government’s permission.

Yet, what if I told you that the security of your currency is an illusion, and that to ask for permission to do something is an indication that you are not free, but enslaved. Many people in developing nations know this intuitively, and many have experienced the effects directly.

Entrepreneur Jeff Berwick (among others) has been predicting that the US dollar is on the brink of failure for many years. And now he believes that a date in September may bring significant changes – if not the end of the dollar, at least a stock market crash and the economic destruction that brings.

Our response to these circumstances is to put money in commodities that are hard to reach, such as silver and bitcoin, and also to find new ways to make money, such as opening an illegal gambling establishment.

Disclaimer: Nothing in this video is to be considered seriously as financial advice or legal advice or any other kind of advice. By the way, in the end I decided against the cardroom because it would violate the terms of my lease.