Ep. 594 - Four-Step Strategy to Secure Your Savings From Coming Economic Collapse - David Stockman

17 days ago
112
counterculturemom counterculturemomshow finance investments

The United States is on the brink of an economic collapse, and David Stockman, an equity investor and author, predicts that it will be a “reckoning” that will rock the nation with a meltdown that hasn’t been seen in decades. “The Fed is finally out of dry powder,” he shares, referring to the attempts of the Federal Reserve System to keep things artificially stabilized. David talks about the pros and cons of bitcoin and cryptocurrencies, but more importantly, he discusses how Americans can wisely prepare for the coming economic devastation. He recommends doing four major things: pay off your debt, pocket your profits (like stocks), put those profits into securities like cash, and invest in financial insurance, like gold. “I think gold still remains a fundamental asset that everyone should have,” he says.

TAKEAWAYS

Gold is ultimately the final form of money in this world, even amidst a collapse

Find properties that bring you residual income - buy them with as little debt as possible

In a potential collapse, people will lose their homes, and there will be a higher demand for rental properties

Central bank money is fiat money and it can be manipulated

🛠 TOOLS AND RESOURCES FROM EPISODE
NRB Recap video: https://vimeo.com/917591058
NRB 2025 Conference: https://nrbconvention.org/
Good Ranchers (get $30 off your first box with code TINA): https://www.goodranchers.com/
The Great Money Bubble book: https://amzn.to/4aZ9IdM

🔗 CONNECT WITH DAVID STOCKMAN
Website: https://www.davidstockmanscontracorner.com/
X: https://twitter.com/DA_Stockman

📢 THIS EPISODE SPONSORED BY
TUVU: (sign up for free 30-day trial): https://www.tuvu.com/free-trial?field-3=counterculturemom
Patriot Mobile (use code TINA for free activation): https://www.patriotmobile.com/ccmom/
Capstone Legacy Foundation: https://capstonelegacy.org/

🔗 CONNECT WITH COUNTER CULTURE MOM
https://linktr.ee/CounterCultureMom

📺 WATCH OUR PREVIOUS SHOWS
https://bit.ly/FPMCCMshow

📲 GET OUR APP & FREE PARENT MEDIA GUIDE
http://bit.ly/landingpageCCM

💵 SUPPORT THE MISSION
2023 Recap & 2024 Goals: https://bit.ly/CCM23ImpactReport
Make a Tax-Deductible Donation: https://counterculturemom.com/partner/

Loading comments...