253: Jim Rickards | Aftermath

Jim Rickards is our guest today. Debt is growing faster than the economy.  In an eventual financial crisis, we discuss how a real estate investor will fare.  A prolific author, Aftermath is Jim Rickards’ new book. Debt, inflation, and interest rates are macroeconomic forces that affect you daily.  The U.S. has $23 trillion in debt. Why can’t we just keep kicking the “debt can” down the road? Alexander Hamilton effectively created the debt 230 years ago. When the debt-to-GDP ratio exceeds 90%, problems occur. It’s 103% in the U.S. today. We discuss debt solutions, and why negative interest rates and Trump tax cuts won’t work. Rickards says inflation has nothing to do with money supply; it’s about psychology. Learn how a new international monetary system looks - outside the U.S. dollar. In a new system, hard assets retain value. Stocks and bonds lose substantial value. __________________ Want more wealth? 1) Grab my FREE E-book and Newsletter at: GetRichEducation.com/Book 2) Your actionable turnkey real estate investing opportunity: GREturnkey.com 3) Read my best-selling paperback: getbook.at/7moneymyths __________________ Resources mentioned: Book - Amazon: Aftermath by Jim Rickards National Debt Clock Mortgage Loans: RidgeLendingGroup.com Turnkey Real Estate: NoradaRealEstate.com QRP: TotalControlFinancial.com JWB New Construction Turnkey: NewConstructionTurnkey.com Best Financial Education: GetRichEducation.com Find Properties: GREturnkey.com Follow us on Instagram: @getricheducation Keith’s personal Instagram: @keithweinhold