Corruption has Destroyed the U.S. Economy!

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  • Опубліковано 28 жов 2024

КОМЕНТАРІ • 871

  • @SachsRealty
    @SachsRealty  2 місяці тому +73

    Sharing this video is important to negate sup&res@ion!

    • @PeterKiryluk
      @PeterKiryluk 2 місяці тому +3

      Is there a live version of this without the cuts. Interesting man. Great interview!

    • @pier21realty
      @pier21realty 2 місяці тому +1

      THE REAL ORGANIZED CRIME IS THE UNTED STATES GOVERNMENT. THEY LEARNED FROM THE BEST IN THE 1950S AND 1960S. NOW THEY APPLY IT TO THE WORLD..

    • @vivb.7161
      @vivb.7161 2 місяці тому +1

      What are the names of the 2 books he recommends?

    • @eclairtreo
      @eclairtreo 2 місяці тому +3

      Done and done. This is a powerful interview. We are lucky to have this man share with us.

    • @JM-si8xr
      @JM-si8xr 2 місяці тому +4

      The system is already fascist and socialist. This occurs with all big governments with high taxes!! When property tax and income tax is used by government and fiat currency is the currency system and corporations are bailed out, and not allowed to fail, then you know that the government is fascist!!

  • @salvadorperez8047
    @salvadorperez8047 2 місяці тому +125

    This man is a genius not afraid to speak the truth I love listening to him, thank you Todd

  • @hardtail52
    @hardtail52 2 місяці тому +129

    Been listening to Marc Faber for 12 or 14 years I never get tired of him he's a brilliant man !!!

    • @Jasmin.M-hz5ty
      @Jasmin.M-hz5ty 2 місяці тому

      I want from you to remember this,Socialist Federative Republic Yugoslavia,didn't fall apart becouse of "evil socialism".But becouse the USA has decided to do that,becouse the USA didn't like it,how Socialist Economy progresses faster than Capitalist Economy.For end i will add,that one yugoslavian company,once has employed up to 10.000 workers per factory.And that one yugoslavian company,haved Neto Bruto value,between 100.000.000,and 2.000.000.000 dollars.And the way how things are going,you better start voting for Marxists,Comunists,and Socialists.Becouse only they,can bring so much needed prosperity.

    • @mariaguzman1552
      @mariaguzman1552 2 місяці тому +1

      My first time listening to this man. Wise.

    • @dr-ng8te
      @dr-ng8te 2 місяці тому

      😂love his pronunciation of STUPID 😂😂😂

    • @dr-ng8te
      @dr-ng8te 2 місяці тому

      ​@@Jasmin.M-hz5tyUSA Witness d their Yugoooo,now the Germans Disagree with you 😮so the communal socialism is best understood by thieves...

    • @Jasmin.M-hz5ty
      @Jasmin.M-hz5ty 2 місяці тому +1

      @@dr-ng8te What the hell you are talking about?!

  • @ErnestoAguilar-tk6ho
    @ErnestoAguilar-tk6ho 2 місяці тому +87

    Another Great podcast, we as a society need this kind of lectures, thank you Sachs Realty!

  • @gfyabc
    @gfyabc 2 місяці тому +45

    This guy is 100% on point. Freedom demands *personal responsibility.* The government has become a *cancer.* Taxation has become *criminal.*

    • @LeiaChester
      @LeiaChester 2 місяці тому +1

      Now here we have what could only be descrıbed as the ultımate truth

    • @linmal2242
      @linmal2242 Місяць тому

      The Government wants total control over the individual ! That is Socialism/Communism etc. in a nutshell.
      IT wants to decide and dictate what you do, how you live, what you say, even how you think !
      Read Orwell's 'Animal Farm' and '1984' for the complete easy to digest explanations !

  • @RAKelBerquist-p7p
    @RAKelBerquist-p7p 2 місяці тому +112

    I plan to retire at the end of 2025 at 62 after 36 years in Telecom as a sales engineer. My wife will retire in May 2026 and she's loving life! But walking away from a good income stream and building the nest egg to living from the nest egg is a scary proposition couple with the alarming recession and CPI report

    • @RitaFredsham
      @RitaFredsham 2 місяці тому

      I feel your pain mate, as a fellow retiree, I'd suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.

    • @VanceHorsford
      @VanceHorsford 2 місяці тому

      My advice: for newbies to grow financially this year, invest. Saving is good, but investing elevates your finances. Why newbie make huge losses on trade is because investing without proper guidance can lead to mistakes and losses. that will stop you from trading, this has been one of the biggest problem to new traders, I've learned this from my own experience

    • @RitaFredsham
      @RitaFredsham 2 місяці тому

      Tracy Britt Cool Consulting was my hope during the 'bear summer' last year. I made so many mistakes but also learned so much from it, and of course from Tracy.

    • @SueliPavlenko
      @SueliPavlenko 2 місяці тому

      I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...

    • @SueliPavlenko
      @SueliPavlenko 2 місяці тому

      I keep hearing a lot about Mis. Tracy Britt Cool Consulting O'Reilly, she must be really good

  • @iddddaduncan
    @iddddaduncan 2 місяці тому +185

    In the toilet since we went off the gold standard in 71

    • @humanyoda
      @humanyoda 2 місяці тому +12

      71

    • @psxtuneservice
      @psxtuneservice 2 місяці тому +11

      To went off the gold standard was already the result of overspending. The toilet moment might have been the Vietnam war

    • @jameshutchins3081
      @jameshutchins3081 2 місяці тому +13

      Really since 1964 when they took silver out of money

    • @bradleyqueen3879
      @bradleyqueen3879 2 місяці тому +3

      ​@@jameshutchins3081that was the start.

    • @PubliusUSA
      @PubliusUSA 2 місяці тому

      And the people during 1929 said it hasn't been the same since Andrew Jackson privatized banking and started his Gunboat Diplomacy.

  • @anthonyyoung286
    @anthonyyoung286 2 місяці тому +61

    Wow, you actually got Marc Faber on. Every time he speaks it sinks deeper into my mind because he has that awesome villain voice.

    • @psxtuneservice
      @psxtuneservice 2 місяці тому +4

      That is the German accent (in his case Swiss German)....

    • @larssktt7442
      @larssktt7442 2 місяці тому +1

      Ze vorld iz going to scheisse, verdammt noch mal.

    • @eclairtreo
      @eclairtreo 2 місяці тому +1

      @@larssktt7442 haaaaahaaa

  • @jaynawilliams8923
    @jaynawilliams8923 2 місяці тому +20

    Listening to Marc Faber is like listening to a Beethovan's Symphony....Absolutely mesmerizing....I try to find Marc whatever videolog he is on. Thanks for bringing this brillant man on your show

    • @linmal2242
      @linmal2242 Місяць тому +1

      But which one? They are all so different from 1 to 9 ! Have you been down the String Quartets path yet ? If not, you have a magical ride ahead.....Start with Opus 18 Nos1 to 6 etc. Unfortunately my hearing is gone; too many machines over too long a time !

  • @gypsylizzy8893
    @gypsylizzy8893 2 місяці тому +26

    Great interview - What a wise man - Nothing but the real truth spoken here.

  • @andrehoude3490
    @andrehoude3490 2 місяці тому +9

    I am an Alsacien living in south Florida since 1979 . Always glad hear from Marc.

  • @tinacraft303
    @tinacraft303 2 місяці тому +13

    Corruption and lies destroy everything.

    • @den264
      @den264 2 місяці тому

      Correction ! Greed, corruption and cronyism has destroyed America.

  • @jeffkolp3526
    @jeffkolp3526 2 місяці тому +23

    Great interview! Compliments on letting Marc speak freely. Always like to listen to Marc Faber

  • @BennyLC79
    @BennyLC79 2 місяці тому +49

    The system is well broken. I have no idea how it's corrected. But a very sad situation for many.

    • @phoebec6024
      @phoebec6024 2 місяці тому +1

      No more lobbying, no more insider trading for politicians. Get rid of pacs ..: that’s a great start. But it will never happen.

  • @marynoelwhelan6794
    @marynoelwhelan6794 2 місяці тому +9

    Thank you for your wisdom , Dr. Faber!

  • @btimothygordon2777
    @btimothygordon2777 2 місяці тому +35

    Thank you Mr. Sachs for having this guest. He is full of uncountable Wisdom, yet Humble. One of your Best interviews

  • @judyfabion8849
    @judyfabion8849 2 місяці тому +7

    Great guest! I'm glad that you didn’t talk and interrupt him. Too many podcasters interfere and don't let their guests complete their thoughts. Bring him back again.

  • @jeffreymassey5541
    @jeffreymassey5541 2 місяці тому +39

    It's always a treat to hear the words of Dr Marc Faber ✅✅👍🏾👍🏾💯💯

    • @SachsRealty
      @SachsRealty  2 місяці тому +2

      He’s very interesting.

  • @KD-bo4wq
    @KD-bo4wq 2 місяці тому +8

    Great discussion with Dr. Faber👍

  • @Ezikeal
    @Ezikeal 2 місяці тому +12

    You know Todd, you have the best guests on your show. Health-Peace & Blessings to all.

  • @ptupy
    @ptupy 2 місяці тому +32

    What a cool and smart guy. This talk should be broadcast in prime time on every major network.

    • @SachsRealty
      @SachsRealty  2 місяці тому +3

      Never happen friend 🙏

    • @vivb.7161
      @vivb.7161 2 місяці тому +5

      Because that never happens is one of the reasons we are in this situation now!

    • @psxtuneservice
      @psxtuneservice 2 місяці тому +1

      Or in the schools

  • @futuramashorts7408
    @futuramashorts7408 2 місяці тому +27

    Man I just wanted to say how much I appreciate your show. My favorite channel out there, thanks bro 😎

    • @SachsRealty
      @SachsRealty  2 місяці тому +1

      Wow!! Im honored , thank you 🙏

  • @tarawhite4419
    @tarawhite4419 2 місяці тому +112

    This is what the special place in hell is for
    The corrupt politicians

    • @UnitedStatesNational
      @UnitedStatesNational 2 місяці тому

      STOP VOTING.STOP FILING FAKE TAX FORMS AND PAYING AN INCOME TAX YOU NEVER OWED.

    • @Kristofur77
      @Kristofur77 2 місяці тому +2

      Dante's 9 rings of hell had corrupt politicos in the deeper ends.

    • @firstlast8258
      @firstlast8258 2 місяці тому

      Gawd bless Murica 🤡 🖕

  • @AH-ne3qn
    @AH-ne3qn 2 місяці тому +124

    Our country was in the toilet a long long time ago... It doesn't matter who's in office they all are going to spend spend spend like a drunken sailor!

    • @alyross2850
      @alyross2850 2 місяці тому +10

      Spending is a problem, but it’s not the only one. This man is speaking about communism. I’ll vote against communism every time.

    • @joewebb4836
      @joewebb4836 2 місяці тому +8

      Hey, drunken Sailer's spend their own money !

    • @kkiissssiikk
      @kkiissssiikk 2 місяці тому +3

      @@alyross2850
      Don’t matter.
      If you have a globalization to support, you will be either bankrupt like USSR (because no credit system l), or in a huge debt like USA now.
      Been there, seen that myself in USSR. Living it the second time in the US.
      Besides, if you have like 5 homes, but masses and police are poor, you have no chance to keep you living standards without an interruption/disruption. You have no idea how it goes when economy goes down hill.

    • @TheEraLad
      @TheEraLad 2 місяці тому

      Correct

    • @psxtuneservice
      @psxtuneservice 2 місяці тому +1

      ​@@alyross2850Ron Paul at every election?

  • @phoebec6024
    @phoebec6024 2 місяці тому +23

    No more lobby groups, no more pacs, no more insider trading for all politicians. If you choose to run for office, you give up that right to trade. SIMPLE! and you’ll see how the game changes.

    • @den264
      @den264 2 місяці тому

      Too late to stop the Clintons !

    • @linmal2242
      @linmal2242 Місяць тому

      Yes, more fidelity !

  • @johnjeffries6207
    @johnjeffries6207 2 місяці тому +89

    Small government, real money; Gold and Silver.

    • @mandypants226
      @mandypants226 2 місяці тому +1

      We have had good standards before. There’s a reason we got rid of it. It’s not the system or this or that. The problem are humans and our condition. No matter the system humans are gonna human and there will be winners and losers who are exploited by the winners

    • @DiogenesDworkinson
      @DiogenesDworkinson 2 місяці тому

      Words... Nothing more. How do you get that? How do you maintain that?

    • @TheGoreforce
      @TheGoreforce 2 місяці тому

      we don't need a government with a monopoly on coercion and violence. OR a gifted monopoly on the money supply.

    • @DANTHETUBEMAN
      @DANTHETUBEMAN 2 місяці тому +1

      Term limits on all government 😊

  • @azariahyisrael3209
    @azariahyisrael3209 2 місяці тому +1

    This was by far the best economics interview. Mr. Farber has always been my favorite economic commentary, he speak in layman terms where you can understand where he's coming from and very straightforward and truthful. Humble as well. Thank you.

  • @darrellcross4538
    @darrellcross4538 2 місяці тому +22

    Have listened to Mr Faber for many years, he’s nearly 80 now so a genuine living legend.
    Regards from Australia 🇦🇺

  • @jimallen833
    @jimallen833 2 місяці тому +22

    ALways enjoy listening to Marc!

  • @steved0123
    @steved0123 2 місяці тому +13

    Awesome. Love this interview.

  • @natemunao3451
    @natemunao3451 2 місяці тому +42

    Farber has always said it straight

    • @jonathanandrew2909
      @jonathanandrew2909 2 місяці тому

      Yeah, we should make him king! 👑

    • @lxmzhg
      @lxmzhg 2 місяці тому

      Really? He claims that the government is stupid.
      The government officials may be stupid, at least most of them, but that is not the problem. The problem is that they are merely puppets - all they have to do is follow orders. The only qualification they need to qualify for their office is that they have to be good actors.
      The cabal they get their orders from are not stupid either, but pure evil - they are satanists. THAT is the main problem.

  • @johntan9151
    @johntan9151 2 місяці тому +13

    Absolute power corrupts absolutely! History repeats itself. There is nothing new under the sun!

  • @ILLUMINATOR49
    @ILLUMINATOR49 2 місяці тому +3

    The good doctor Farber is generous with his time and intellect 🙏👍🖖

  • @JamesH-j9d
    @JamesH-j9d 2 місяці тому +13

    Marc is a great teacher of economics. ❤👍🏽👍🏽👍🏽

  • @phillorapter
    @phillorapter 2 місяці тому +79

    GDP's already negative, the housing market's already crashing (see all-time high number of price reductions without any sales still), all-time consumer credit card debt, unemployment is skyrocketing and will surpass 2009's 10% peak. Homes and stocks will crash 60%. It's literally 3rd grade math. It was always inevitable. Already seeing it in every single asset class other than the Crypto market ....I've been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

    • @phillorapter
      @phillorapter 2 місяці тому

      She's often interacts on Telegrams, using the user-name.

    • @phillorapter
      @phillorapter 2 місяці тому

      @Lindawilburn

    • @Conniemaher
      @Conniemaher 2 місяці тому

      In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Linda’s continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.

    • @georgigeorgiev6521
      @georgigeorgiev6521 2 місяці тому

      Always backup your trading with a good strategy.

    • @79AdventureBaby
      @79AdventureBaby 2 місяці тому

      Nice, I was just hodling before I found Wilburn. In my opinion she is the very best out there.

  • @allenfromalameda5691
    @allenfromalameda5691 2 місяці тому +2

    Thank your for introducing me to Dr. Marc Fabre. An eminently wise, intellectually aware and dignified gentleman. The very definition of “sage advice.”

  • @mohammedaldhufairi9798
    @mohammedaldhufairi9798 2 місяці тому +18

    One of the best interview or show with someone in the age of grandpa and being knowledgeable and honest

  • @guidovanrhee3829
    @guidovanrhee3829 2 місяці тому +1

    I'm following Mr. Faber for years. It's a pleasure to listen to him everytime.

  • @AnnaWoods-rm7cf
    @AnnaWoods-rm7cf 2 місяці тому +169

    We Are in Unchartered Financial Waters! Daily challenges have become the new norm, and what we once considered crises are now routine. With the country's economy struggling, I want to protect my $680k savings and find ways to grow my wealth. How can I make the most of my money and secure my financial future?

    • @SamanthaSanchez-sj5el
      @SamanthaSanchez-sj5el 2 місяці тому +5

      Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an financial expert given the current market conditions and everything that is at risk with the current economy.

    • @Infinitymazepa7920
      @Infinitymazepa7920 2 місяці тому +4

      You have a very valid point, . Initially, I began investing independently and experienced significant losses in the market for a considerable period. However, I eventually made the decision to engage the services of a financial expert, despite my initial skepticism. Surprisingly, I managed to outperform the market by over 9%. At first, I considered it a stroke of luck, but this success repeated itself for two consecutive years. As a result, I have since continued to rely on investing through a financial expert.

    • @AnnaWoods-rm7cf
      @AnnaWoods-rm7cf 2 місяці тому +2

      Could you possibly recommend a financial expert you've consulted with?

    • @Infinitymazepa7920
      @Infinitymazepa7920 2 місяці тому +6

      monica Mary strigle ’ , is a renowned figure in her line of work. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @AnnaWoods-rm7cf
      @AnnaWoods-rm7cf 2 місяці тому +3

      Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.

  • @gordpearson9802
    @gordpearson9802 2 місяці тому +11

    What an awesome interview/discussion, Thank you to Mr. Sachs/Marc

  • @ryandiesel9168
    @ryandiesel9168 2 місяці тому +56

    BODY CAMS FOR ALL POLITICIANS. This is something I've been trying to leave in the comment section of every video I watch, and something I believe we should demand for our politicians.

    • @f42un84u
      @f42un84u 2 місяці тому +9

      And lie detectors

    • @Johnny-dp5mu
      @Johnny-dp5mu 2 місяці тому +7

      Now that is a fantastic idea. And they have to pay the cameras and for the support systems. No government dollars

    • @ActiveTravelWestUSA
      @ActiveTravelWestUSA 2 місяці тому +2

      No way! They have 1 st amendment right, also free speech and privacy rights! I have a EV that doesn’t need a charge for 1000 miles of driving! You want to buy it! Lmao! We are screwed

    • @bossu2005
      @bossu2005 2 місяці тому +2

      pitchforks

    • @arizonan1
      @arizonan1 2 місяці тому +6

      Yes if they are truly willing to work for the people, they should wear body cams during working hours for transparency so we can monitor and evaluate their on the job work performance, and to monitor for ethics violations, constitutional corruption, and collusion. And each should have their daily work routine broadcast live on CSPAN channels listed by name and state including mayors, governors, house reps, and senators, to be monitored by the people.

  • @freedomwillring6749
    @freedomwillring6749 2 місяці тому +7

    Great job, the Dr presented valuable information that younger Americans have forgotten about or maybe they never learned in the first place. Hopefully America will change it's course in about 3 months at the polls or else they are going to learn about the evils of Socialism the hard way, and it could be generations before America will break free from this painful lesson; if ever.

  • @CatPDX
    @CatPDX 2 місяці тому +12

    Marc Faber is always fantastic!

  • @MikeTesa
    @MikeTesa 2 місяці тому +36

    The only way to correct this thing is to knock the legs off the stock market and place the economy in a recession depression to reset it all. Sad but true

    • @Mark-ew8lq
      @Mark-ew8lq 2 місяці тому

      The bank, creators of printing currency, bought all the stocks and now own all corporations. They cannot fail, but will pretend to fail, in order to declare emergency, ban cash, CBDC Control. Game over.

    • @robertfrye-kk2qy
      @robertfrye-kk2qy Місяць тому

      Being against massive corruption in the U.S. economy is being an anti-Semite.

  • @WilliamBenedict
    @WilliamBenedict 2 місяці тому +1

    I'm listening to Marc for the past twenty years. I have never been tired listening to him. He's a genius. He's got great sense of humor.

  • @mark-204
    @mark-204 2 місяці тому +4

    Todd I enjoy listening to Dr. Marc Faber.

  • @simapark
    @simapark 2 місяці тому +14

    Dr Faber is my favorite commentator on anything to do with Economics and Geopolitics. He is the epitome of common sense .

  • @reneeimage3879
    @reneeimage3879 2 місяці тому +4

    🤓Thank you for introducing this gentleman, he is intelligent and tells it like it is!! He has decades of knowledge and explains complicated matters in such a simple way for everyone to understand!! Unlike some other UA-camrs who lately use AI!
    Lots of good advice!😊

  • @katethielmann4244
    @katethielmann4244 2 місяці тому +4

    This was GREAT! I thoroughly enjoyed his wisdom and input.

  • @scwps23
    @scwps23 2 місяці тому +38

    Our nation pays 1 trillion dollars in interest on our nation's debt every 100 days. That's over 3 trillion a year.

    • @freedomwillring6749
      @freedomwillring6749 2 місяці тому +5

      And it's going to keep rising until it'll be cheaper to use dollar bills than toilet paper.

    • @kenthammer123
      @kenthammer123 2 місяці тому +2

      True, when taxes won't even cover the public debt interest will be a very bad day

    • @gordonhamilton727
      @gordonhamilton727 2 місяці тому +2

      @@scwps23
      No you don't, the national debt is going up by $1trillion every one hundred days, think your a bit out there.

    • @bossu2005
      @bossu2005 2 місяці тому +2

      Your numbers are off. Check them.

    • @susannaschnell4147
      @susannaschnell4147 2 місяці тому

      😂 most dumb dumb don't understand simple math. Just look at the credit card debt. You think they comprehend that😂?

  • @BIgBass255
    @BIgBass255 2 місяці тому +41

    Can we get rid of N.A.T.O. once and for all ? We need that money to clean up this mess.

    • @kkiissssiikk
      @kkiissssiikk 2 місяці тому +3

      Can. But politicians won’t.

    • @karlpierce3035
      @karlpierce3035 2 місяці тому

      First off, are you a CCP propagandist? 2nd, do you want to destroy your life? 3rd, NATO isn't perfect but we need it. We just need Trump to get some of the corruption out. 4th, what is too corrupt is the U.N.

    • @lindaknox6623
      @lindaknox6623 2 місяці тому

      And get rid of the UN too. IMO, it's an arm of the one world government that Hitler espoused and which is still espoused by the WEF's child of NAZIS, Klaus Schwab. Believe it or not the UN was even lead for more than a decade from (1971-82) by a former, useful, and important NAZI soldier, Kurt Waldheim, a man supported by George H Bush of the influencial family historically known to be supporters of Hitler.

    • @lindaknox6623
      @lindaknox6623 2 місяці тому

      Anyone interested in getting rid of the UN too ought to read Alan Levy's book "NAZI HUNTER: THE WIESENTHAL FILE", particularly the chapters on Kurt Waldheim, an active NAZI stationed in southwest Europe during the extermination of nearly 20,000 women, children, and babies, and the forced slave labor and eventual death of multiple 1000s of their men. Unbelievably Waldheim was made the UN Secretary General from 1971 to 1982.

    • @lxmzhg
      @lxmzhg 2 місяці тому

      The USA is the largest contributor to NATO.
      Apparently what you consider a "mess", is exactly what USA wants for you to be in.

  • @karifredrikson-lr1mm
    @karifredrikson-lr1mm 2 місяці тому +1

    THIS was an Important Show. I will be buying those two Books! I feel as if I must record & Document this Show! I’m not a College Educated Woman. I got 3 years of Nursing Education & I worked 33 years as a Neonatal Intensive Care RN. These last 2 years I have studied the Subjects of the Economy & our Country’s Government. I have been watching all this happening. Thank you for presenting this Important Information!

  • @ActiveTravelWestUSA
    @ActiveTravelWestUSA 2 місяці тому +10

    Been following Marc since 1990s..long story but, every time he does an extensive interview he goes to the bar afterwards and has a beer! That’s class!

  • @frankbrogni7719
    @frankbrogni7719 2 місяці тому +3

    What a wonderful and brilliant discussion from a very learned man, thank you!

  • @mackakiwinz4353
    @mackakiwinz4353 2 місяці тому +2

    Marc Faber is a living legend! Thank you both our standard of living here in New Zealand has been intentionally destroyed with the end game government wanting to control it all enforcing people to adhere to their rules to receive UBI, pensions and benefits etc via CBDC.

  • @DesertDiamond_
    @DesertDiamond_ 2 місяці тому +11

    Great podcast. I hope Dr. Marc Faber returns soon. I had to watch this more than once.

  • @GenXamerica
    @GenXamerica 2 місяці тому +7

    I love your guest’s wisdom and candidness. Very good conversation 👍🏻

  • @thepuregospelontheflateart7805
    @thepuregospelontheflateart7805 2 місяці тому +10

    Since money is created in the form of debt and people use this to buy houses, people dug their own graves. The banks are keen in lending, but they have no legitimate basis and the people are keen in lending, for they think that they invest in their own property. In fact they go along with their own enslavement. Debt based money is at the very heart of the problem. People willfully take the bait, which is said to see.

  • @martinleepgg
    @martinleepgg 2 місяці тому +10

    Faber is a treasure. No bullshit, just plain truth. Thanks for this interview.

  • @marciadias1658
    @marciadias1658 Місяць тому

    Marc Faber, you are the best at speaking the truth! Thank you.

  • @jimcroft21
    @jimcroft21 2 місяці тому +8

    100% right with everything he said, the zero experience people get to the top of the chart right now and they don’t know shit

  • @Synthshop
    @Synthshop 2 місяці тому +3

    This country went off the rails when federal income went into effect. We fueled the monster. "We the dumb people"

  • @johnr2273
    @johnr2273 2 місяці тому +2

    Love that he tries to educate us!

  • @JamesAnderson-ez2df
    @JamesAnderson-ez2df 2 місяці тому +12

    As Dr. Farber has truthfully pointed out, Europe (NATO) does what the US says,and the US govt does what Israel says. You go figure that one out with your kindergarten math.

    • @CarlRoberts-h2v
      @CarlRoberts-h2v 2 місяці тому +1

      America intentions are in the way they proceed and you cannot separate intentions from proceeded so you always know what to expect from their proceeded either way up or down side way or across got it 😊😊😊

  • @kmlund42
    @kmlund42 2 місяці тому +3

    I loved this guy and he is very well read. I got out of it to never stop learning.

  • @RobertGorin
    @RobertGorin 2 місяці тому +28

    So true! Wealth has no shortcuts, here are ways to acquire it..🔥

    • @RobertGorin
      @RobertGorin 2 місяці тому

      the first step to gaining wealth is figuring-out your goals either on your own or with heIp of a financiaI pIanner and foIIowing through with InteIIigent pIans; you wiII gain financiaI growth in no time and enjoy the decision of managing your finance

    • @RobertGorin
      @RobertGorin 2 місяці тому

      I am fortunate I made decisions that changed my finances for the better (gained over 1M in 2yrs) through my financiaI pIanner. Got my 2nd house in May and hoping to retire next-year

    • @RobertGorin
      @RobertGorin 2 місяці тому

      Elizabeth Greenhunts
      get to her with the name

    • @Martinezmz6
      @Martinezmz6 2 місяці тому

      Good I got here. Big Thanks

    • @linmal2242
      @linmal2242 Місяць тому

      @@RobertGorin B S

  • @dereknelson4860
    @dereknelson4860 2 місяці тому

    Todd, what an incredible interview! Thoroughly enjoyed. Please have him back.

  • @BADASSxMONTExCARLOx1971
    @BADASSxMONTExCARLOx1971 2 місяці тому +1

    Awesome guest,thank you.

  • @AprendiedoconAlex
    @AprendiedoconAlex 2 місяці тому +1

    Great INTERVIEW!!!

  • @JerryMarshall-m8f
    @JerryMarshall-m8f 2 місяці тому

    This man, I think is being spot on. I recently on a company that manufactured primarily custom pallets. We have lost 64% of our sales. We didn't lose the client. The quantity of orders went down. If we made 10 contacts, we would get 2 clients. Our legacy clients are still there. We had 2 clients that changed from new custom pallets to used custom pallets due to cost. Even with the major reduction in the cost of shipping containers in the port town I live in there are approximately 100k to 135k DNV certified 2 yo containers ready for use and no usage dates for 2024. Tha is just here. Pallets are like the canary. We see the up and down of world wide manufacturing first. 800k USA middle management have been looking for jobs for 10 months and can't find work. Yet the stock market goes up! Housing unaffordable and not correctly priced. An overall -6.4% reduction in wages when adjusted for inflation and again stok market goes up.......

  • @puravida5683
    @puravida5683 2 місяці тому

    Watching from Costa Rica. I always enjoy listening to Marc Faber interviews!

  • @christopherbailey1221
    @christopherbailey1221 2 місяці тому +2

    Great interview with the Brilliant Dr. Marc Faber! I’m now a subscriber. I love you interview style and insightful content!

  • @Annajsee
    @Annajsee 2 місяці тому +5

    Thanks for the information

  • @Bernadettk
    @Bernadettk 2 місяці тому +38

    The world is not just about the Usa! Many killed dreams by the Usa around the world.

    • @jonathanandrew2909
      @jonathanandrew2909 2 місяці тому +3

      Yeah, that’s their problem though!

    • @stevenchapman5810
      @stevenchapman5810 2 місяці тому +3

      And many people from around the world have killed a lot of American dreams.

    • @DBEdwards
      @DBEdwards 2 місяці тому

      I am American. USA is my world. Not your North Korea where they kill their own dreams

    • @Horatio1886build
      @Horatio1886build 2 місяці тому

      Yea true, but look what happens when you descend into a tit for tat, you get back at them they get back at you , they're corrupt so you become corrupt, and eye for an eye a city for a city destroyed. Sounds like a wonderful future hun.

  • @alm9368
    @alm9368 2 місяці тому

    A great interview/dialogue. I never miss any interview to Dr. Faber. You always learn a lot from him (and I love his humor sense and freedom of mind).

  • @Sundip.sharma.11
    @Sundip.sharma.11 Місяць тому

    It's always a pleasure and knowledge enhancing listening to Dr. Marc Faber. ❤ Thanks for the podcast.

  • @linmal2242
    @linmal2242 2 місяці тому +1

    'Struggling to pay off their bills....' well that means they have too much DEBT ; which is like a manacle around their ankles.
    Too much debt to buy depreciating assets and only some of which grows over time !
    Thankyou Sachs Realty and Dr Marc Faber for your wisdom and reporting !

    • @nyquil762
      @nyquil762 2 місяці тому +1

      Nailed it 💯

  • @ChristineLaGardsRottedFishFace
    @ChristineLaGardsRottedFishFace 2 місяці тому +38

    It's all over people!!! I'm in my underground bunker ready to seal the hatch.

    • @AngelEyes-xm7el
      @AngelEyes-xm7el 2 місяці тому +4

      Wish i had a bunker dang a home even. People in there 60's can't afford a home.

    • @eclairtreo
      @eclairtreo 2 місяці тому +2

      Can I move in too? I have skills.

    • @UnitedStatesNational
      @UnitedStatesNational 2 місяці тому

      Citizens are afraid of their own shadow as they should be because they're lying to be on that citizenship and that includes you too because you're afraid enough to want to hide in a bunker instead of stand up against these other liars and say you don't want to lie like they are! Who wants to be a liar? I don't think anyone wants to be a liar, but if you have a state issued ID card in your wallet, you had to lie to get it and that naturalization process occurs when most of us are only 16 years old and we have signed a contract, not even knowing what a contract is. Not to mention the fact that we're saying it under penalty of perjury. Now penalty of perjury is when you intentionally lie. That's what perjury is. So in effect, lying is legal. As long as you don't know you're lying. Once you know you're lying all of a sudden it becomes a felony! I have suspended all belief systems because I know my creator and he is telling me that state issued ID and that legal name are none of his creations and that that legal name is supposed to be used with that social security number for one thing benefits for the beneficiary and we are not the beneficiary! The legal name is the beneficiary. We are merely the holders of that certificate of library that was created by the state and given to Us by the state without any instructions on how to read that legal document and again we're only teenagers. So why is this happening? Parents are throwing their own children under the bus and of course they don't know that what they're doing is not only hurting their children. It's hurting them too! We must stop hurting ourselves and one another and these so-called leaders are not my leaders. They are on that citizenship with citizens and don't look now. But if you're on a ship, you're surrounded by water and that means that Maritime admiralty law applies to you not to people like me that are standing on firm ground called Terra Firma! Running for office is what stupid people do. Only there is a hierarchy on that ship and those leaders are first class citizens and you're nothing but a second or third class citizen which they can treat like dirt and you're experiencing that. And you got mud all over your face. Now! I'm being facetious but I'm trying to make a point here that everything is voluntary and this guy is 100% correct. We are allowing this to happen to ourselves and not standing up out of ignorance and stupidity and I've been saying it all along. As you know when I've commented, I've told you and your guests that all citizens are flag waving idiots. If you look up what a United States national is under the legal definition. It is someone who owes permanent allegiance to the US government and that would be me! I have a passport but no state ID. So what are those people do that think they're citizens when it comes to pledging or owing allegiance? They turn towards a flagpole and cover their heart while reciting a pledge that is more like a spell that's being cast upon all those poor children that had no idea. They're being manipulated and indoctrinated by the systems that were created by someone other than their mom and dad. In most cases. If you grow up in a privileged life, sons and daughters of some of these elites, you don't go to public school. Do you? No, of course not. Did you know that man is really in the same category as the apes and in fact is a frugivore? Of course not! So many people are on those ketogenic diets thinking that an all protein diet is good for us, when in fact it's killing them and creating a condition known as systemic acidosis. All those medical problems that older people experience are the result of the wrong diet as we are supposed to be eating fruits, berries and melons just like the apes and we're not supposed to be hurting one another either. So citizens are really lost because they're eating the wrong diet which affects the way they think and it also makes them violent. And that's pretty obvious when you look around! United States Nationals have neutral travel status, which means we're not citizens, nor do we identify with legal names the way citizens do. Those state issue ID cards are LIARS CLUB CARDS and the only reason that there is so much resistance to what I am telling people is because everyone seems to have one of those cards in their wallet! You know that Capital One ad that poses the question what's in your wallet? Well, I'm going to ask you the same question and if you have a state issued ID card in there, you're one of Satan's children in that satanic realm that you entered at the DMV. You're so stupid to have given up the rights you were born with for State regulated privileges. But don't let me stop you because that's not my job. My job is to be responsible for my actions and make sure I don't hurt anybody else so I don't partake in any of that. And even though I had a mortgage company, as soon as I found out that I wasn't helping anybody, I shut down my office even though my monthly income exceeded six figures for several years. Prior to that. What is money? It sure isn't the US dollar! I've been accumulating, gold and silver as well as platinum and palladium for the last last 15 years and have a stockpile of physical assets that don't include any real estate. Oh don't get me wrong. I have owned lots of real estate in my life but I unloaded it all in 2004 and 2005 and everyone thought I was crazy. Look at me now.... And the same thing is going to repeat itself. Only it's going to be a little different because the potential is there for the entire system to collapse. Meaning the financial markets could easily go to zero because they've got to come up with a whole new system now due to the fact that I'm exposing the attorneys who created this liar's Club! Even this gentleman that is calling everyone else stupid or not everyone but a good number of people idiots and he's honest. But he's in the same category when it comes to legal names. And my guess is he has one of those State issued ID cards in his wallet! Am I wrong?

    • @troybreedlove4195
      @troybreedlove4195 2 місяці тому

      Why hide in a bunker 😂 WTH You scared of 😱 😅

    • @linmal2242
      @linmal2242 Місяць тому

      @@AngelEyes-xm7el Move to Ariz and build an adobe !

  • @AJ-ox8xy
    @AJ-ox8xy 2 місяці тому +7

    We are going to be lucky if we get out of all of this economic empire collapse with functional indoor plumbing.

  • @alvincollins1056
    @alvincollins1056 2 місяці тому +2

    Really good podcast 👏 I would love to hang out with this guy for a week.. super smart person

  • @johnjeffries6207
    @johnjeffries6207 2 місяці тому +17

    He is so right.

  • @fbazzrea
    @fbazzrea 2 місяці тому

    one of the best interviews w Dr Farber. excellent interviewing skills. thank you, gentlemen!

  • @joephillips9091
    @joephillips9091 2 місяці тому +1

    Fantastic show, I always learn so much from your podcasts & look forward to the next one. Thanks!!

  • @Johnny-dp5mu
    @Johnny-dp5mu 2 місяці тому +5

    Yes us state department started and wanted the war!!!!! You are 10000000% correct

  • @UnitedStatesNational
    @UnitedStatesNational 2 місяці тому +9

    And by the way, for your guests edification, my grandparents immigrated from Medzev otherwise known as Medzenzeifen way back in the early twenties and I even have the manifest on the ship.,The SS Liberty that showed my grandmother and my dad's oldest brother my Uncle Joe in 1921. My grandpa only had enough money to put them on the ship and it took him a year to earn enough money to be able to send himself and catch up with them in Cleveland, Ohio in 1922. They both spoke around 6 or 7 different languages fluently and had to learn English when they arrived as they spoke. No English at all! They spoke Slovak, polish, Russian, German Romanian and of course a little bit of French as well which was not all that unusual back then. Back in 1973 when I was only 15 years old. My grandfather told me that the people lied to him about America being free and we're talking back in the '20s and I didn't quite understand what he meant until I realized that everyone's being lied to and have been lied to since day one. We must rise above all the political make-believe crap because it's all fake and to find who you really are. You have to stop pretending to be somebody you are not. Does that make sense to anyone out there?

    • @khafrekhufu7259
      @khafrekhufu7259 2 місяці тому +3

      Absolutely on point

    • @dr-ng8te
      @dr-ng8te 2 місяці тому

      @@UnitedStatesNational yes it makes sense...

  • @Ella-Bella2024
    @Ella-Bella2024 2 місяці тому +3

    Faber recommended the books "Capitalism, Socialism and Democracy" by Joseph A Schumpeter, "The economics of Inflation" by Costantino Bresciani-Turroni and "Capitalism and Freedom" by Milton Friedman

    • @linmal2242
      @linmal2242 Місяць тому

      Thankyou for that precis !

  • @radicalveg00
    @radicalveg00 2 місяці тому +1

    One of my favorite interview subjects- one-of-a-kind.

  • @NukeBombLA
    @NukeBombLA 2 місяці тому +4

    Buying a house? We cant even go rent an apartment

  • @DBEdwards
    @DBEdwards 2 місяці тому +1

    Outstanding interview. Sach's Best Ever. Do A Sequel!

  • @maltaconvoy
    @maltaconvoy 2 місяці тому

    An excellent, full-length interview. Thanks very much for this. 👍🏻

  • @realestatespacecoast
    @realestatespacecoast 2 місяці тому

    Another great interview!!! Thank you so much for using your platform to educate people.

  • @AZ-697
    @AZ-697 2 місяці тому +21

    Capitalism and Socialism are Two Sides of the same Coin just as the Left and Right are Wings of the same Bird.

    • @keyisersoze
      @keyisersoze 2 місяці тому +3

      Exactly.
      "Under capitalism, man exploits man. Under communism, it's just the opposite." ― John Kenneth Galbraith.

    • @freedomwillring6749
      @freedomwillring6749 2 місяці тому +1

      ​@@keyisersozeGreat quote, ironically true.

    • @jonathanandrew2909
      @jonathanandrew2909 2 місяці тому +2

      Under which system are more goods & services provided?

    • @keyisersoze
      @keyisersoze 2 місяці тому

      @@jonathanandrew2909 It depends on which social/economic class you belong to.

    • @linmal2242
      @linmal2242 Місяць тому

      @@jonathanandrew2909 Yes, and the better standard of living ? Clearly, the West has prospered more than the Soviets !

  • @samfungccim
    @samfungccim 2 місяці тому +1

    Today many does not understand the definition of 'inflation'. Marc explained quite well many times in his talk!

  • @CarlosdelCorral-d5e
    @CarlosdelCorral-d5e 2 місяці тому

    What a great program, very enlightening guest.

  • @LatinoOtaku_
    @LatinoOtaku_ 2 місяці тому

    This was a very good interview. I’ve listened to it twice. Thank you Sach!

  • @alexdavid5611
    @alexdavid5611 2 місяці тому +1

    Dr. Mac is great!

  • @hichamroumaili7908
    @hichamroumaili7908 2 місяці тому

    Mr.Faber should be a regular guest ,I think, Thanks for having him.

  • @rodmarshall6747
    @rodmarshall6747 2 місяці тому +2

    Would have loved to hear a bit more about future state of the economy and how to protect wealth moving forward. Thanks!

    • @ActiveTravelWestUSA
      @ActiveTravelWestUSA 2 місяці тому

      Get out of large cities, protection, shiny stuff, food, community, be a leader on the local level. Most people don’t realize, they killed USA in 2020..listen to Layette Zane. She’s gets to the point

  • @bradw2k
    @bradw2k 2 місяці тому +6

    I could listen to Marc Faber every day, words of wisdom

  • @therealestake
    @therealestake 2 місяці тому +2

    Very few Americans today are not dependent on a government program. That's why this time is different, and not in a good way.