In this eye-opening interview, bestselling author and international investor Doug Casey discusses the dangerous precedent of government taking ownership stakes in private companies like MP Materials, Intel, and U.S. Steel, comparing it to the economic fascism that destroyed Argentina's prosperity under Juan Perón. Casey warns that with $2 trillion annual deficits and the Federal Reserve as the buyer of last resort for government debt, America is heading toward a hyperinflationary crisis that could unfold well before 2055. He also introduces his provocative new book "The Preparation," which argues that college has become a costly, ideologically-driven waste that saddles young people with debt while teaching them nothing practical, and instead proposes a four-year alternative program of real-world skills training—from EMT certification to piloting, construction, and martial arts—designed to create capable entrepreneurs rather than job-seeking graduates drowning in student loans.
Best-selling author, world-renowned speculator, and libertarian philosopher Doug Casey has garnered a well-earned reputation for his erudite (and often controversial) insights into politics, economics, and investment markets. Doug wrote the book on profiting from periods of economic turmoil; his book “Crisis Investing” spent weeks as #1 on the New York Times bestseller list. He has been a featured guest on hundreds of radio and TV shows, including David Letterman, Merv Griffin, Charlie Rose, Phil Donahue, Regis Philbin, Maury Povich, NBC News, and CNN; has been the topic of numerous features in periodicals such as Time, Forbes, People, and the Washington Post; and is a regular keynote speaker at FreedomFest, the world’s largest gathering of free minds.
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