The economy showed GDP growth of 0.5% in the first quarter of 2016, that’s down from 1.4% growth in the last quarter. Our economy is almost technically in a recession and what is the FED to do? Lower interest rates? QE4? Our economy is not recovering and is in fact getting worse! Business investment hasn’t grown for the last 2 years! And to top it off, we haven’t seen above 3% growth any year during Obama’s presidency! This hasn’t been seen in modern times! The Keynesian view of pumping money into the system and spending money isn’t working and has never worked! When will the government and Federal Reserve actually do the right thing and step out of the way and reduce taxes and deregulate the economy? Well, with Donald Trump or Hilary Clinton as president, I don’t see that happening anytime soon.
Uber has just recently settled a $100 million class action
lawsuit so that they could keep Uber drivers as independent
contractors. So why is the independent contractor crucial to Uber’s
success instead of the employee model? It all comes down to
avoiding costly government regulations! Government regulations are
making it too expensive to do business in America today! The
government has its boot on the throats of businesses and they
wonder why our economy is still struggling! When will we actually
start repealing government regulations as a positive step forward
instead of passing more regulations as the “answer?” I’m not sure
but I’m not going to hold my breath.
Chris Casey talks about what to look for when investing in the
marijuana industry and what criteria makes for a good company to
invest in. There’s a lot of businesses in the marijuana industry
that are not good businesses so it’s important to know what you’re
looking for. Chris sees huge potential in the marijuana industry
with lots of growth to come so now could be a fantastic time to
enter the industry for some potentially huge gains! Chris and his
team at Singularity Capital believe they have found several
companies that will be huge beneficiaries in the years to come from
the legal marijuana industry. Don’t miss the insight offered into
an industry that very few understand.
“The Big Short” is a fascinating movie that everyone should see because the mania going on the housing market is happening today in just different sectors of the economy! The car market, student loans, the bond market, the dollar, these are all bubbles waiting to pop and the average American is completely clueless! Monetary policy expert, James Rickards sees gold going to $10,000 per ounce and he even sees gold going as high as $50,000 per ounce! The time to buy gold is now while you can still get your hands on it! The global economy is on the brink of a massive collapse so protecting yourself with gold is a good way to weather this storm!
Dr. Mark Skousen discusses what he sees happening to the U.S economy and it’s not a recovery! Dr. Skousen also talks about FreedomFest, which will be taking place this summer in Las Vegas! The line-up for this year’s conference is incredible and it’s a can’t miss event! The valuable information you obtain, the people you meet, the stories you will be able to tell people for years to come is all happening July 13-16th. Register before it sells out at: http://www.freedomfest.com