Doug Casey's Take [ep.
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- Опубліковано 15 вер 2024
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The debate mentioned in this episode can be found here: • 160. Palestine/Israel ...
Alternative channel vigilante.tv/c...
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I didn't want my daughter to go to college, I never said anything, but when it came time, I was so proud of her when she decided on her own to just enter the job market and make her own way a few years earlier.
If Doug finishes his Book of Life, I'll definitely buy a signed hardback copy.
I will buy it too.
Me too, got all my High Ground series books signed, true gift to myself and hopefully the next gen 🙏
College has become less about educating young adults and a preparatory environment for the workforce, and more about a "for profit" bureaucratic entity that specializes in enriching professors, administrators and support staff for the university. The universities act more like corporations now than institutions.
President Michael Crow at Arizona State University is a shining star of this description. ASU is more of a for profit corporation than you may think. I've never been more amazed than 10 years after graduating seeing the debt students obtain today, by choice, to follow the heard towards a piece of paper. If you don't have assistance (scholarship, etc.), you're a slave to this decision to obtain. If you don't agree "the professors are all woke leftisits," as Doug points out go sit in a course. Personal finance and economics courses were the best courses a non-business major could take; continue to seek answers and see how it leads back to the money.
I went to an “elitist” private high school that sent many to Ivy leagues. I did not want to go to university but I had no choice because my parents were very controlling; I had no money; no car-couldn’t even realistically get a job in the remote part of the Midwest.
I wasted 3 semesters at catholic university my parents paid for before I transferred to an in-state tuition school. I bypassed the woke crap for the most party by majoring in accounting and working several internships to get enough personal money to operate independently of my parents.
I drive semi truck currently because I make more money and don’t have to deal with dogshit corporate world with fake people. Not done with tax law though-will need it to work remotely in the coming years so I can leave the US.
University is only justifiable if used to gain market value by studying a select few areas eg engineering, nursing, accounting, etc
Agreed! Trade schools are far superior to universities for the vast majority. Trades offer a solid starting income and these jobs are plentiful! For example, an in-state associate’s nursing degree and license costs less than $10k in total. This cost as well as living expenses ( for roughly 5 semesters) are covered by Pell Grants, state grants, a cheap repayment, and often by your first hospital job. Average starting pay is around $30/hr and overtime is almost always available for those who want it. The nursing degree is even integrated into many high schools, so with good planning a teen could gain this degree in about a year post high school - with no debt and average starting pay around $67k/yr (with benefits!). More over, this is a skill that will ensure an income in practically any industrialized nation on the planet. No downsides, whatsoever!
Instead of College, I would recommend 1) getting a good job 2) get out of your parents house when you are financially able, 3)learn to live on your own (with minimal help from parents 4) figure out your passions in life and then pursue accordingly. Don’t just go blindly into the night. Just my thoughts.
(I respect👍what you said) ▶7:37 *FUN FACT:* Since the *_'Cost of Living Crisis'_* which started the less than a year after C.0.V.I.D.1.9 * descended on society to ruin the opening years of the 2020's......*45%* of people under the age of 35: *_"Live w/ Their Parents."_*
* Because, for the majority, they simply cannot make💲ends meet (especially w/ Student *_Debt,_* living independently)
(* which is actually an *_Acronym_* & doesn't mean what most think it means...look it up🤔)
I've never understood this fascination with kids "getting out of the house" as some kind of success.
I think it's a middle class value and success signal, right? Because your kids have successfully launched.
Families that stick together and pool resources are significantly more resourceful. Making me this that this idea of culture was created by the same people who instructed middle class wh!te Americans to think "gold is tacky", that if they have racial solida-
I digress.
Didn't mean to talk all crazy, but I was slow slow burner that needed a long runway BUT I rewarded my family (financially) always more and more as my income grew and now I carry the weight of all of em.
Yea.
That's probably a terrible idea for others to try. It'll break 'em but boy oh boy everyone is soooooo sure they "Can do it!"
I understand #2, I do, BUT I'm more along the lines of 'stay home until married and bank money'
I’ve been telling young people to think about a trade like electrician, plumbing, welding or something useful. Most college material is useless.
@@tigeratlasWhat if you don't work well with your hands and don't enjoy it?
My disappointment, we have dishonest measures, IOU debt notes. In honest gold money, Dow was 18 ounces of gold in 1929 and is still 18 ounces of good, zero increase. In honest silver, wages are down over 50% from 1966. We need honest measures to measure what to do. I am a college graduate and retired home builder. What to do? Good money? Be self employed. That is the only short circuit to a degree. Self employment is easy. Work a few years for someone then break away and be self employed. Thanks Doug and Matt.
Great episode as always and thanks for the book recommendations
As opposed to useless university/ college degrees, I find trade schools a far superior alternative. They are very inexpensive, the curriculum is condensed (2yrs or less), and very good paying jobs are plentiful upon graduation and certification. After 3-5 years of work and advancements, wise financial planning, purposeful dating (to find a well matched spouse), gaining some life experiences and good friendships, working on a side hustle or two, and developing your virtues and character, you’ll most likely have zero debt and very good credit, be very well situated to buy a home, marry, start a family, and live a great life.
Here, the means to success comes from striving to live life purposefully and not randomly, to consider consequences, and to enjoy the fruits of your commitment, dedication, sacrifices, and wise choices. None of this is taught or advocated for in govt schools, not even in most households. But, I think, more and more young people today are beginning to look beyond technocratic/oligarchic govt propaganda and radical communist indoctrination, and rediscovering the immense value of good character, virtue, faith, family, community, culture, heritage, and tradition.
Imagine you took the cost of a College education and put it in an account in a network of "remote mentors." Like a fund that could be used sparingly for real-life improvement, education and to recover from mistakes. Like a consulting network for working people. The network would be layers of experienced, quality people as opposed to Ivory tower Marxists. The kid could travel and work in different places, and try different things while being mostly productive in the real world, with the general guidance of the network. Sometimes it would be hard-core study. Or sales for 2 years. Or perhaps practical skills like crafts/carpentry, or opting to work for real entrepreneurs in different locations. Maybe different countries? Similar to professional coaching/mentorships with online communities and with membership accountability, path flexibility, and so on.
I'm thinking out of the box here, but clearly college is a terrible idea. I wonder if there's a more practical way to organize this.
All the Government schools are garbage. Homeschoolers always take the spelling bee's.
The biggest argument I'd make against matriculating is not ideological but financial. The debt load a new student incurs is staggering, because universities have turned into luxury hotels with fancy fitness centers, dining halls, etc, and the university has jacked up tuition to ridiculous levels to finance their little luxury enclaves that the tenured professors and administrators live in.
I'm listening to this podcast getting comfortable on a bottle of DogPoint Sauvignon Blanc, while enjoying a very large bowl of homemade Serbian Pasulj (extra paprika, extra pork hock) .....coming to you from Sunshine Coast, QLD, Australia, home of Steve Irwin, Yowies and good times....peace out and keep stacking silver and gold my fellow anonymous libertarians, pure chaos is coming.
And Bitcoin
In the mid forties, my mom and all her friends went to college. They grew up in the poorest county in TN in the depression! Their parents obviously cared about education.
I'm a retired engineer. I would recommend learning several trades. If travel overseas permitted, I would travel to another country, learn their language, and pick up a few more trades. I would definitely learn economics, (austrian). I'm inclined towards sea faring enterprises, particularly due to mobility. Good luck young people. Thanks Doug & Matt, this is a wildly important topic. You guys did a great job!!!
Wow, inspiring *_AND_* sensible;-)
In 1980, Doug Casey must have been one of the only people to have stated that🤣😂😅😄👏👏👏👏👏👏👏👏👏👏👏👏
I think you forgot the *_Time Stamp._* ;-)
Join our private member group phyle.co to get your questions answered and get prepared for the turmoil ahead.
Very important subject.
You can educate yourself better just by reading on your own.
Richest man in Babylon, Rich dad poor dad, What has Govt done to our money, One up on Wall St, etc.....beyond that, i recommend either 1) Getting paid to travel (English teacher, cruise ship worker....) OR 2) learn a trade such as hvac, welding, carpentry.....
Creature from jeckel island
Totally agree. I've been through college twice, but didn't manage to finish any of them. I have an architectural design technical degree, but never worked on it. Felt more attracted to flight schools and hangars then. Few people manage to escape the "aviation disease", especially after reading "Fate is the Hunter".
Been a professional pilot for 42 years now and most other jobs and/or entrepreneurial activities I have been developing always had something to do with the aviation industry. Some contents we deal with are from 2nd grade, others are of a superior level, it is quite multidisciplinary and one learns down the road (or down the airways if you will). Nowadays there are aviation colleges (they call it "aeronautical sciences" degrees), but in my times in Southern Brazil one had to join the Air Force to get this kind of education, and I just didn't feel like going to the military. #My2c
Matt & Doug, thank you for this episode.
I am In the process of moving to a BRICS country. I would STRONGLY advise anyone here to do the same. God Bless.
Love these conversations! I’m so thankful I did not go to college and load myself with a bunch of debt at a young age.
You won't necessary go into bunch of debt. Not all schools cost fortune.
Collage of the Ozarks: aka, Hard Work University..............................
Well I still occasionally hang out at libraries.....and fortuitous that I do because I've been looking for Doug's books in retail stores, and to my amazement my local library (in a small town of about 5000 people) had a copy of Speculator!
Thoroughly enthralling read Doug, and I can't wait to get my hands on book #2 in the series.
But I have to add (because it's just my pedantic nature) that there's a typo on page 244.....just had to mention it. 🙃
Here's the link for the debate between Saifedean and Block (also in the show notes) ua-cam.com/video/JBFvMv0F26I/v-deo.html
Also, I can't recommend Saifedean's book The Bitcoin Standard enough
2nd generation Momma Bear - two generations no bankers toxic debt. and children have real life skills, character building, school is a waste of time, and abusive said - JOhn Taylor Gatto NYC teacher of the Year. The Deliberate Dumbing Down of America, Child Abuse in the Classroom
Dave Collum is helluva organic chemistry prof at Cornell.
What about @hillsdalecollege?
Do people know of any other colleges out there that teach about free markets and individual rights such as those in the US Constitution?
The purpose of a college education is to open one's mind by studying the best of the past thinkers, learn to think, write, speak and become articulate and persuasive. It can be done without going to college but college provides some structure that most young people don't have. The benefit/cost ratio has deteriorated significantly in recent years as both the cost has gone up and the benefit has gone down so Doug makes some very good points...
I worked as a bank cashier straight from school and, even though I was good at maths, you only needed to be able to add up to 10 and a chimp could have done my job. We had many trainees enter, STARTING at double+ my salary, direct from university to take managerial positions but had to do a few months of each type of job in the company. Not ONE of them could balance their till, time manage, deal with the public or get on with the rest of the staff. Yes, they were ideal candidates for management!
There's still some value in engineering colleges. They have some of the social bleed of universities in general. They have high turnover, and provide useful skills.
I would advocate for 18 year olds to do as many private, affordable and varied private online courses as they can instead of college. I wish I did that earlier in life. I wasted 6 months and $3.5K at university in 2021.
Wonderful to hear and see you both 👌🤩
I think this may be an old video.
The 2 OG’s big in the gam e, I didn’t go to college and I’m very successful , most of the kids I know who did are broke unhappy and divorced 2/3 times !
Waste of money and valuable time, you 100 correct guys love you your the best , !
Comedienne Margret Cho's mother has a hilarious take on college in her monologue "Daddy Gay Story". Its here on youtube.
...thought I'd post something different than the bots.
The Bible's pretty good...
Just like DC was way ahead of proclaiming CD was not worth pursuing (one guy did listen and made billions) what comes next is may be a decade early unlike DC being 4 decades early. After all we live in the NET era. Acquiring skills will be center stage. After 8th grade schools need to invest in helping students in their individual skills of interest and aptitude where they can excel, similar to last 50 years schools invested in getting ready for college education. That does not mean we do not need MDs, PHDs etc. but that would require to be at 1% level to pursue. Colleges would collapse unless they can become next level skills developers. Yes the premier schools will shrink and that many may not be required to cater to the truly gifted 1%.
You would be better off to bring back the classic education of the 20's and 30's.
Fascinated by Doug’s teaser on Socrates.
I read "How I found Freedom in an Unfree World" on Doug's recommendation and I've been recommending it to everyone I meet since. On the subject of Uni Degrees, I'd say that it's a means of at least doubling your income (depending on the degree) - especially if you invest your student loans and skip the country once you're qualified. Once qualified, the intelligent person can then afford to save an investment stake out of at least 1/2 of his wages presuming he keeps his living costs low.
This is what I did.
Graduated, then left the country at 23.
Paid my loans off in a few years. Still abroad at 38.
Ordering now!
Youngsters should never choose their spouse. That’s a discussion between fathers. You had a bad father? Don’t breed. If you know a bad dad, beat him.
* Just spitballing here, curious what you think.
A potential good route for some is community college.
My son was in a high school/college combined program.
Graduated both at the same time with an applied engineering AS, for free.
Landed a job at a silicon carbide chip company (makes the majority of chips for the EV market) as a facilities maintenance tech, does the preventative maintenance and repairs on the manufacturing equipment.
Making $70k a year as a 19 year old with no debt, in a southern lower cost of living state.
Been there about 2 months and they’re already talking to him about another position/promotion as the company is in an extreme growth state.
He had 2 other job offers from manufacturing facilities before graduating also.
He is intelligent, curious, socially adept, and extremely disciplined (in all aspects of his life, not just academically) so I’m sure that helps also.
But self education is extremely important also in understanding how the world works, understanding history, psychology/human nature, and women (if you’re a man); from a lens not tainted by the current globohomo agendas and agencies that control most information and narratives.
And that requires an inquisitive mind and willingness to listen to and learn from “unconventional” people and sources.
This may not directly help land a job, but is vital in developing yourself and your understanding the world.
And ultimately in the long run will increase your likelihood of becoming a more stable and confident person with higher true morality and value (as opposed to what is currently being sold as morally correct).
You may become a “pariah” to a lot of people, but those aren’t the kinds of people you should want in your life anyway.
Gen Z seems to be splitting down the middle in this regard.
Half are woke zombies and half are figuring out the lies and going hard in the other direction.
There is lots of talk about neoliberalism, can Doug give his thoughts about it?
There are still a lot of people who do accounting, medicine, medical technology, architecture, law, engineering, etc, who do get good careers and jobs from university. There may be some merit for some studying history, literature, etc, who become researchers, authors, etc. Hey, I still remember some spectacular parties I attended, and some spectacular girls I met, wouldn't have missed it for a ton of gold!
It would be helpful if he speaks to microphone.
The world is burning, really
Doug is wrong about this for certain disciplines, for example engineering, medicine, business school ... you can't skip out university to have a serious career, and plenty of universities have excellent professors who open your eyes to ways of looking at things that are enlightening.
Or eBay
PHD... Permanent head Damage!
Hi matthew and doug have you guys seen the latest relevations of henry kiss i n g e r and other video calls where they talked to ecb christine lagarde and asked her about cb dcs and her response was horryfying and the interviewer is pretending to be the elensky this is the name of the channel on rumbel vov an and lex us
At one point Walter was infamously pro- infant circumcision but then a bunch of people showed him he had no clue what he was talking about and he changed his mind
I just bought both books.
Looked up those books thank you
I also thought Walter was trounced in the debate, but I suppose everyone gets their turn as the nail.
It was a bit sad to see some of the attacks get personal against Walter.
Gotta say, I went over and listened to the Block/Saifedean debate and wasn't much impressed by Safeidean. if anything his ad hominem's against Walter were out of place and disgusting. And then Safeidean walking all over Walter after the debate wrapped up. A total lack of respect shown by this guy.
Very good post ❤
Thanks for another great discussion. What books got favorable mentions?
Its about certs and t shirts
Doug Have you looked at any investments in Indonesia? This might sound silly but I play a video game where third worlders sell in game currency for real cash because wages in their countries suck. In recent years Indonesians have exploded onto the scene and I've been impressed by their entrepreneurship in taking on leadership positions despite not being native english speakers
LOL, college for halfway house. Right on right on right on.
❤
{college is}/.....a halfway house for getting into the world.....that's great.
Which books, got a list
What's the book? So I don't watch the whole video. I trust Doug!!
Could you post a link to the debate you mentioned please?
ua-cam.com/video/JBFvMv0F26I/v-deo.html
School ain't what it's cracked up to be...
Maybe junior college for a couple years? Stick to hard sciences perhaps?
Does Doug still recommend going to Africa?
Lol good question
Matt, this is an old podcast. Will you guys be posting the new ones again?
This was recorded yesterday.
Whats the name of thw author of the principle's of economics book?
Saifedean Ammous
@DougCaseysTake
Doug, I have enjoyed watching your videos, and appreciate the wisdom you are sharing with us the younger population!!
I was trying to locate the video where you speak of the Institute of that place up in the north east I believe. It's where one can learn and participate in building a house from start to finish! I was hoping u could inform me on what its called and where its located so I may reach out to them and Schedule me enrolling and attending. Thank you Mr Casey,
Mike
@MAC-fw4ou it’s called the shelter institute.
👍👍👍👍👍👍👍👍👍❤️🔥😘😎❤❤❤
Baste Saifdan
I think this is the video on Donahue in 1980:
ua-cam.com/video/uAk6_74m_kI/v-deo.html
principles of economics - saifedean ammous - This guy really knows (both good), please: just more to the point
👍👍🇨🇦