Boom Bust Season 1 Episode 67 Doug Casey On the Chinese 21st Century and the US Following Roman Empire Decline

Doug Casey, an esteemed anarcho-capitalist, joins Boom Bust hosts Brent Jabbour and Christy Ai to discuss his latest book Right on the Money: Doug Casey on Economics, Investing, and the Ways of the Real World. In this episode, Casey provides his insights on China's continued growth and what it means for the world, as well as his take on the declining state of the US, which he compares to the fall of the Roman Empire.

The conversation kicks off with Casey sharing his observations on China's meteoric rise to economic power. He notes that the country has made incredible strides in becoming a global leader in technology, manufacturing, and even space exploration. However, Casey also points out that there are some potential roadblocks that could slow China's progress, namely political instability due to a lack of personal liberties and mounting debt.

Moving on to the US, Casey makes a bold comparison between the current state of the country and the decline of the Roman Empire. He argues that just like Rome, the US is facing financial challenges, social unrest, and an increasingly bloated government that is unable to properly manage its affairs. Casey cites the military-industrial complex as a prime example of how the US government has become too large and unwieldy, and he predicts that this will ultimately lead to its downfall.

Throughout the discussion, Casey also shares his thoughts on the role of government in the economy, the importance of gold as a financial asset, and the potential risks of investing in cryptocurrencies. He emphasizes that while there are no easy answers to the problems facing the world today, it's crucial for individuals to take responsibility for their own finances and investments.

Overall, this episode of Boom Bust offers a thought-provoking conversation with an economic expert who has a unique perspective on the current global landscape. Whether you agree with Casey's views or not, his insights are sure to leave you thinking about the future and what it may hold for us all.