MUST LISTEN To THIS
https://www.hvst.com/posts/66742-raoul-pal-the-era-of-doing-nothing-and-getting-paid-for-it-is-overRaoul Pal: "The Era Of Doing Nothing And Getting Paid For It Is Over"
Today's podcast is a little different. I speak with Raoul Pal and we cover a number of topics, running from one to another as they crop up. I hope you'll enjoy it as much as I always enjoy speaking with Raoul.
For those of you who've never heard of Raoul - he is first and foremost one of the most congenial, open minded, and thoughtful guys you could ever have the pleasure of discussing the truly mind boggling and fascinating world of global macroeconomics with.
He's also a world renowned global macro investor, an investment strategist, economic historian, traveler, rum drinker, and co-founder of Real Vision TV, together with Grant Williams who I spoke with some time ago. Here's some of the topics Raoul and I cover in the podcast:
The end of financialization of the economy. The era of doing nothing and get paid for it is over. Why Raoul thinks thats a good thing (especially if youre an entrepreneur) and he also lays out the way to profit from it.
Why markets around the world are so fragile today and why the investment environment is so dangerous, especially for less liquid investments.
Helicopter money - as Raoul said, Were getting there, it just depends which format were going to get.
Why debt is like 700 beers (plus Raouls take on the possibility of a debt jubilee).
Which chart is showing one of the biggest head and shoulders tops in history.
How Raoul looks at Bitcoin and why he thinks Bitcoin has a huge runway (but with one important caveat)... and why - on the other side - he doesnt see a lot more runway left in startup investing, or as Raoul calls it, lottery ticket investing.
Why venture capital is, in fact, in a "terrifying situation".
And much more.