‘It’s Turning Into WW3’; The Draft, ‘Greater Depression’, Could Return | Doug Casey

*This video was recorded on June 25, 2024

FOLLOW DOUG CASEY:

FOLLOW DAVID LIN:

*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.

0:00 - Intro
1:24 - Global conflicts
5:34 - Russia-Ukraine
10:15 - NATO
11:49 - Conscription and the draft
19:00 -Russian-U.S. relations
21:42 - ‘Failing power’
25:00 - Economic outlook
30:0 - Rising debt
33:00 - Communism vs. Fascism
38:19 - Investment opportunities
42:27 - Uranium and nuclear power

#investing #geopolitics #economy

[TheDavidLinReport]

What should investors do during a crisis? Comment below what you think and don't forget to subscribe!

FOLLOW DOUG CASEY:

[nadjadavidson]

I feared for two decades that this would happen when my boys are young adults. They’re 19 and 22 😭 I didn’t raise them to be good humans to turn into cannon fodder for megalomaniacs.

[robertamaral]

When all else fails they take you to war - Gerald Celente.

[vioreliachim]

Doug Casey's take is multidisciplinary with great knowledge in history, economics, arts, literature etc. and a good sense of humor.

[Atropos]

People, when the term US gets thrown around, it's important to discern from the United States of America we all grew up loving and the UNITED STATES CORPORATION whose business has been war and destruction.

[brynduffy]

The key problem with fascism is that the corporation and the state both conspire against the interest of those outside the fascist system which includes the citizens.
It can be a slave state of sorts in this regard because the individual must contend not only with the corporate power but also with state power levied against the interest of the individual.

[trevorbennett]

If only our "leaders" had an ounce of Doug's common sense!!

[ericblust]

Problem is, the system is collapsing and they need a boogy man to point their finger at, to blame

[entity_unknown_]

If you want to live and can afford to, buy a bunker. Otherwise how do you expect to survive WW3 exactly? If you're in the city you're already dead but thousands are killed by war daily yet we toy with the idea of making it mainstream it's disturbing

[kaitylipare]

Investors are still in denial about the fundamentals of the economy. They expect rares will soon be cut and believe the topline GDP numbers signal a strong economy. However, they dont. Credit card balences are maxed out, more credit is hard to come by for consumers, a ton of companies are about to beforced into refinancing their debs at far higher interest and the regional bank backstop program is out this month. There's also the fact that inflation ticks higher than expected every single time the markets believe a rate cut is around the corner and a rate cut would cause a surge in inflation. The fed sees this stuff, guys. The only wild card for us investors is to actively engage the market by trading, we always over complicate things when we speculate. It's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 100k to a decent 732k in the space of a few months... I'm especially grateful to Sandy Barclays, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[thegodofwar]

Perked my ears up there, he's absolutely right, we live in a fascist totalitarian financial system

[pdqdmpm]

A 90 year old man in Argentina advocates we disband NATO . I see a History channel episode in the making.

[theself-helpconnection]

David, you just said, give Putin the territory." Sorry mate, but nothing is yours to give or USA own anything there. Please understand that in those regions, 95% of the population are Is Russia 🇷🇺....get that correct and listen to your guest what is saying!

[pdel]

Where is the box to rate from 1-10, I check 12 for Mr. Casey. Great discussion.

[vls]

Im in a smaller neutral country in southern hemisphere...every time theres an escalation like this at least im away from the north of the planet...many very wealthy individuals have homes here they are empty waiting for such a time..All off grid with high tech power clean water and months of stored food they are Up market millionaire preppers one family somehow made it here during the peak of covid from europe with 2 kids its a 7 mile private road to their property
They just had a holiday like nothing happened ...

[stefanhedman]

Please bring Doug back on your show. We need a beacon in these times.

[tigeratlas]

When the public-private partnerships are formed. It’s called fascist economics.

[iginlacow]

We need more contrarians like this gentleman, he doesn't have to be correct, but he makes some very good points.

[requiem]

The next crash is government debt not private. Bonds and Treasuries will implode. Thats why homes, gold and stocks keep climbing.

[ggrthemostgodless]

22:30
Sure Sr.... but the USA cannot continue to have this huge "military industrial complex" and NEVER use it, thus I agree that it will use it.

The USA, and not others, has a huge incentive, in fact many incentives to use it, starting with attempting to reestablish the dollar as the international currency by law, and not voluntary. If ALL things have a price, then whomever can just print money will want to keep that position at all costs. And I mean ALL costs, considering what the USA has done and has established, and black ops and CIA and black sites and clandestine things and executions and secret prisons around the world, considering all that, then it is saying quite a lot if we now see or imagine the USA is willing to do ANYTHING to keep its position(s) in many areas around the world. What main reason do they always have for war?? economic reasons, covered up with ideology about freedom and democracy, if the country to "free" has resources needed.