Welcome to another episode of Passive Real Estate Investing. Today, I have a returning guest. This is his third time on the show, Richard Duncan. He’s an amazing guy, famous economist, and he writes some incredible books. Every once in a while, I like to do an episode on economic trends and what is going on in the global economy and how that impacts you as an investor, even though you are an individual here living in the United States or wherever you may be. But everything that happens on the world stage has an impact on you. Whether it be interest rates, whether it be the labor market, whether it is, you know, quantitative tightening or easing the impact of protectionism on interest rates, even the stimulus that has come out of many events in the past, including more recently covid and what happened, you know, since March, 2020.

But even the events prior to that, as far back as the housing crisis of 2006, 2007, which led to the great recession of 2008. I mean, all these have an impact both immediately and the trickle effect from that as the years go by in terms of inflation, housing prices, commodities, and you know, the cost of goods, whatever it may be. So I think this is a very interesting topic and you know, it’s not something you want to necessarily listen to all the time or every day or every week, but every once in a while it’s good to have a lay of the land and understand what’s happening big picture wise, because that ultimately trickles down. And when you see the big picture and the trends that are going on on the world stage, you can better understand what you’re doing and what you’re investing in or make better decisions in terms of what investments you should be focused on getting into or getting out of.

And so I want to share this interview I did with Richard today, and I think you’ll enjoy it.

Click Here for the Show Notes

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Guest Details:

• richardduncaneconomics.com

Books Authored by the Guest

• The Dollar Crisis: Causes, Consequences, Cures

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