The Collapse of Western Civilization - Doug Casey #5332

Summary: It seems as if everything we’ve worked for in Western civilization is crumbling, and I have Doug Casey on the show to talk about some of the economic catastrophes that have been unfolding. As time passes, we’re seeing more shortages, increased prices, and intensifying inflation. With the government putting out unreliable figures and doing the opposite of what should be done to resolve inflation, things seem to be headed downhill quickly.

Highlights: -We’re seeing shortages, increasing prices, and inflation -The figures the government is putting out are not completely reliable -The collapse of Western civilization seems to be upon us -In an advanced industrial society, supply chains are complex, and the people in charge are doing the opposite of what actually should be done -International air travel is down 80% -The world is tipping towards collectivism -The digitization of the US dollar is also bringing large changes -The government may opt to put out wage and price controls -Who is going to collapse the old economy and move towards the free economy? It seems that no one is willing to take this step -During the next 3-4 years, we are in for rough times in the US

Useful Links: International Man Doug Casey's Take Financial Survival Network Financial System Would Collapse if Fed Tapers, Inflation Spiking, Warns Doug Casey Confessions of an Economic Hitman – John Perkins with Doug Casey