Boom Bust Season 1 Episode 125 Paul Craig Roberts On Elite Domination and Chris Martenson On Risk and Asset Allocation

Paul Craig Roberts, former Assistant Secretary of Treasury in the Reagan administration and popular alternative economist, joins Boom Bust to discuss the rampant elite domination in the United States economy. Roberts claims that wealth inequality is at an all-time high and that the political system is rigged to benefit the super-rich. He also argues that the Federal Reserve’s policies have only exacerbated this problem by allowing financial institutions to make large profits while ordinary citizens suffer.

Later in the episode, Chris Martenson, economic analyst and founder of Peak Prosperity, shares his insights on risk management and asset allocation. Martenson emphasizes the importance of diversifying one’s investments in order to minimize risk and discusses the current state of the global economy. He also offers advice for individuals who are looking to protect their wealth in the face of market instability, arguing that it is crucial to have a solid understanding of the fundamentals of investing.

As always, hosts Bart Chilton and Christy Ai are on hand to break down the day’s most important economic news stories and offer their own expert analysis. Topics discussed include the ongoing trade dispute between the United States and China, the state of the American housing market, and the latest developments in the cryptocurrency world.

Overall, Boom Bust season 1 episode 125 offers a diverse range of perspectives on the current state of the economy and provides valuable insights for investors and individuals looking to better understand the complex world of finance.