Financial Havoc: Americans Are Feeling Poorer, Desperation Will Lead to Chaos -EB Tucker

“We need to be aware of the psychology of people as this made-up system starts to unwind a little bit,” states E.B. Tucker, well-known financial analyst and editor of the Tucker Letter. In this interview with Daniela Cambone, Tucker shares his views on investment, life, and parenting. “We're in this very confusing time,” he admits, referring to the overflow of information customized by algorithms. He also emphasizes that people own gold not to make profits but to hedge against financial uncertainty. Additionally, Tucker says that there will be a point where people wake up to the reality as the mounting debt reaches a certain level. “What's it going to be in 2032? It's going to be $75 trillion. And how much is your burrito going to cost? $35. This is the trajectory,” he says.

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📖 CHAPTERS:
00:00 Inflation
4:45 Time to wake up
10:00 Breaking point of US debt
19:31 Parenting
24:16 E.B.’s books
27:11 Tennis playing
28:46 Gold

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