Jason discusses real estate investing and critiques the World Bank. He argues that the U.S. dollar's status as the world's reserve currency and the World Bank's lending practices benefit wealthy countries at the expense of poorer nations. He emphasizes the importance of debt coverage ratios for real estate investors and highlights the benefits of attending his "Empowered Investor Live" conference. He also includes a comparison of two investment properties, one in Denver and one in Nashville, illustrating the importance of thorough financial analysis.

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Then Jason talks to his driver Sam on the way to the Airport going to Vietnam as they discuss their visit to Cambodia, including seeing Angkor Wat and other temples. Sam talks about the local economy, noting that rural farmers struggle to make a living, leading many to move to cities for jobs in tourism, banking, and factories. The education system offers free public schooling through university. Government jobs are desirable due to good pensions. Inflation is not a major concern, except for food prices. Sam also touches on the country's troubled history with the Khmer Rouge and the destruction of temples. They also discuss foreign investment, particularly from China, and local beliefs about the construction of Angkor Wat using elephants and bamboo rafts.

 

Key Takeaways:

Jason's editorial

1:25 Welcome from Taipei and Jason's travel plans

3:35 Michael Hudson: American vs. African and Third world debt

10:07 Good property vs. Bad property

18:36 Empowered Investor LIVE! Save the date https://empoweredinvestor.com/

 

Jason in Cambodia

20:35 Driving Jason and the Cambodian economy

22:18 Education, government jobs and Inflation

25:25 Bad history: Khmer Rouge

27:13 Investments in Cambodia

29:50 Aliens and the Amazing Angkor Wat

 

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