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Comments by "" (@ericp1139) on "Is A Depression Coming? - 5 Experts Weigh In: Robert Kiyosaki, Michael Burry, and More..." video.
@ivea84 invest in pitchforks and torches.
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Because once a system is created, it gets gamed, a patch has to fix the exploit, the patch gets gamed too, so and so forth.
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@JS-mc3ik if true capitalism were so great, why must there be so many safeguards in place?
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None of these people are really “experts.” They all have a vested interest in shilling something.
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Actually, Red States take up most of the welfare money. Blue States would love to cut line and leave them to their self reliance. Other than your bad take, I would say that politicians know exactly what they are doing, and they don’t care.
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@JS-mc3ik socialism is invented to repair the damage caused by capitalism. Ask Rand Paul.
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@JS-mc3ik when was the US prosperous with no government regulation? And China is Authoritarian Capitalism; they like money, but under strict controls. The CCP controls their billionaires, unlike in the US where it’s the other way around.
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But Schiff doesn’t have any actionable solutions. Even he doesn’t put all his money in gold. He’s just cashing in the checks for his media appearances.
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@jamievann4541 nah, he’s been predicting it since forever. If he can’t foresee things like Fed printing, then it’s useless to make predictions. And he doesn’t give actionable steps to take, other than get a time machine to invest in gold.
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The whole world has been a canary in a coal mine. America is always the last leg that gets kicked.
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But he doesn’t give any actionable advice. Even he doesn’t invest heavily on gold, the very thing he shills.
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Kiyosaki and Burry are permabears, so they will always say we are on the verge of a collapse.
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Exactly. He refuses to disclose details of his past. And none of his teachings involve acquiring the wealth necessary to engage in his teachings, which seem to revolve around investing big money and tax avoidance.
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