7 chapters across the catalog
Economic Ponzi Scheme, 1857 Depression Comparison
The current U.S. economy is characterized as a "Ponzi scheme" propped up by cheap money and market manipulation. A historical comparison is drawn to the depression of 1857, which followed the influx of wealth from the 1849 Gold Rush, suggesting that a major market reset may be imminent.
Investor Jim Rogers predicts a massive global economic collapse, potentially the worst in his lifetime, driven by unprecedented debt levels in the US and China. While Rogers expects governments and institutions to fail, the hosts compare the current situation to the 1857 depression and suggest the fallout may be less severe than Rogers' dire warnings.
Economic Cycles and the 2017 Downturn Prediction
An analysis of historical economic cycles, specifically the Panic of 1857 and the 1970s stagflation, suggests a major market downturn is likely in 2017. The current era of quantitative easing is compared to the 1849 gold rush, with predictions that the eventual collapse will be a significant buying opportunity for real estate and stocks.
Economic History, Panic of 1857 and Gold Surplus
The Panic of 1857 is analyzed as the first true American depression, potentially caused by an oversupply of gold following the 1849 Gold Rush. This historical parallel is used to discuss modern concerns regarding quantitative easing and the potential for a collapse when virtual money printing exceeds economic capacity.
Economic Cycles, 1857 Depression and Oil Wealth
John C. Dvorak presents his thesis on 40-year and 80-year economic depression cycles, comparing the current era to the 1850s. He argues that the discovery of shale gas and oil in the U.S. is acting as a temporary wealth influx similar to the 1849 Gold Rush, potentially delaying a major crash until 2017. The discussion covers the historical depression of 1857 and a predicted global conflagration in 2020.
Lisbon Treaty, Quantitative Easing, 1857 Depression Comparison
John C. Dvorak compares the current economic cycle to the 1850s, noting that the 1857 depression was delayed by the influx of gold from the California Gold Rush. He argues that modern "quantitative easing" is failing to prevent a crash because the money stays with banks rather than reaching the public. The hosts discuss the undemocratic nature of the European Commission and the potential for a major economic collapse in October.
Economic Cycles, 1857 Depression, and Quantitative Easing
Historical parallels are drawn between modern quantitative easing and the 1849 Gold Rush, which delayed an economic depression until 1857. The current strategy of flooding the market with cheap money is viewed as a temporary fix that may push a major collapse from 2013 to 2017. Political implications are discussed, specifically how a Republican victory in 2012 could lead to the party being blamed for the eventual crash.
