American Monetary Association

Coronavirus Quarantine Survivor, attorney, author, and actress, Juanita Ingram joins Jason Hartman to discuss Taiwan’s reaction to Coronavirus, approximately 30 days before it hit the U.S. What did Taiwan do right, and how did SARS prepare them for this problem. Born in Tennessee, and made her way through the U.K. and finally to Taiwan, hear Juanita’s perspective on the differences of culture and how Coronavirus was handled. 

Key Takeaways:

[1:45] What’s going on in Taiwan, so close to China? 

[5:00] From Wuhan Virus to COVID-19, the changes made in Taiwan, approximately 30 days ahead of the U.S.

[6:45] After Taiwan’s experience with SARS, they had a pandemic plan in place. Taiwan is now being called the blueprint of what should’ve been done

[9:30] Taiwan’s cases escalated due to the import of cases from outside of the country. 

[13:30] Two ER Doctors in Atlanta, Georgia that both tested positive. One is very sick, and the other is asymptomatic. 

Websites:

www.iamjuanitaingram.com

www.JasonHartman.com

Direct download: AMA_330_Juanita_Ingramm_10th.mp3
Category:general -- posted at: 12:00pm EDT

Doug Casey, author of Crisis Investing: Opportunities and Profits in the Coming Great Depression, joins Jason to discuss the biggest hysteria since the Salem Witch Trials. Casey shares his opinion on The Great Recession and the role it might play in the potential Greater Depression. Learn why Casey advises one to invest in mining, and his feelings on bonds, stocks, cash, gold, and cryptocurrency in comparison.

Key Takeaways:

[1:20] “The biggest hysteria since the Salem Witch Trials” - Casey

[4:45] Casey presupposes that the worst of the 2008 recession is yet to come, and that for the last 8-10 years, we have been in the calm, the eye, of the storm.

[6:30] “This could be more than a financial meltdown. Possibly an economic and social meltdown as well.”

[7:00] The U.S. is no longer a country, but more-so a multi-dimensional, domestic, empire.

[9:20] Bonds are a triple threat, about the worst place for your money at this time.

[11:30] Bonds, stocks, cash, gold, cryptocurrency?

[15:15] Have we entered the greater depression? This could potentially be the biggest upset since the industrial revolution.

[20:50] Surviving a depression, the most important thing is to have assets where there is no counter-party risk. Something in which you don’t have to trust a bank, insurance company, or your pension fund.

[23:30] Having fun, what about mining the asteroids?

Websites:

1-800-HARTMAN

www.InternationalMan.com

www.JasonHartman.com

Jason Hartman University Membership

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Direct download: AMA_1451_Doug_Casey_The_Person_Who_Loses_the_Least_Wins.mp3
Category:general -- posted at: 12:00pm EDT

James Altucher joins Jason to share his viewpoints on the economy, stocks, and more specifically the stimulus. As well, listen to the seriousness of this pandemic from a New Yorker’s perspective, and what it’s like managing life in the most challenging U.S. coronavirus area. 

James also discusses his moves in the stock market, and why he favors certain positions. As well, this pandemic will accelerate our development with technology and how we perceive colleges vs certificates.  

Key Takeaways:

Guest: James Altucher

[2:30] The New York and New Jersey Coronavirus perspective vs the rest of the nation.

[5:30] “The earlier models were wrong”

[10:10] “As long as you keep seeing insanity happen, those are all canaries in the coal mine.” -Altucher

[11:00] We know that the economy is going to wake up, we just don’t know when and how.

[12:40] Understanding why we should prep for supply shock.

[14:15] The GDP of a year is about 20 trillion dollars, 5 trillion per quarter. There is an expectation that 2 to 3 trillion will be withdrawn from the economy this quarter. 

[18:30] Is this stimulus enough, are the right people getting it?

[20:10] We, the proverbial We, all live better now than the richest people of the past. 

[28:39] Don’t buy SPY “the spider”, go with RVT instead. Royce Value Trust Inc

[29:20] Anything that was going to happen in ten years, will happen tomorrow

[31:00] Altucher shares his preferences on stocks based on some forced trends bound to happen in the next ten years.

[35:45] Florida has “luxury weather.”

[39:30] 40 alternatives to college, with James Altucher. 

Websites:

www.JamesAltucher.com

1-800-HARTMAN

www.JasonHartman.com

JasonHartman.com/ask

Jason Hartman University Membership

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Direct download: AMA_328_James_Altucher_1453_1454.mp3
Category:general -- posted at: 9:00pm EDT

Be a doer! Jason Hartman discusses the risk/reward investment concepts when looked at in hindsight. It’s not about gambling, it’s about building solid fundamentals for investing. It’s understanding the advantages of multi-dimensional assets.

Jim Rogers returns to the show for his first time in seven years. Jim talks with Jason about government power, and their financial strategies. The big question concerning government stimulus right now is, “how will we suffer from this?” 

Jason’s Recommendations For Your Library:

Earl Nightingale’s Greatest Discovery

Jim Rogers, Adventure Capitalist

Key Takeaways:

[3:15] The hardest ship to sail is a partnership. Investing Commandment Number 3, “thou shalt maintain control”

[7:30] When you look back over time, the rewards always go to the doers. They always go to the risk takers!

[12:00] Returns based only on inflation induced debt destruction…at the official rate of inflation, which is often understated. 

[13:30] Jim Rogers

[19:30] Every government wants more power than they have.

[21:20] How will we suffer from this?

[27:00] “Whenever things go wrong in a country, thought history, politicians blame foreigns”

[36:00] “When I was younger, many people helped me. Even if I look like a fool, I’d like to help people where I can” -Jim Rogers

Websites:

JasonHartman.com

JasonHartman.com/Ask

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: AMA_1463_Jim_Rogers.mp3
Category:general -- posted at: 9:00pm EDT

Casey Weade interviews Jason on the idea of pandemic investing, and how to know when it’s the right time to start investing in real estate. Since the remote world is becoming easier, and more friction-free, suburbia is on the rise. More so than ever, the home is the center of the universe. Pandemic investing means knowing about investment principles that work in hard times or easy times. If it makes sense the day you buy it, and the property is for essential living, you’re off to a good start.

Key Takeaways:

[2:00] Casey Weade talks pandemic investing

[7:05] Crisis is an opportunity riding the dangerous wind

[10:00] Suburbia is uniquely American

[14:00] The remote world is becoming easier, and more friction-free

[16:00] When is the right time to start investing in real estate?

[24:30] The home is the center of the universe

[28:00] Travel will change, and rentals will follow

[31:30] Vacationing is optional, so in tougher times, short-term rentals may suffer

[35:00] A good RV ratio, 1%, is worth its weight

Websites:

www.RetireWithPurpose.com

1-800-HARTMAN

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Direct download: AMA_Casey_Weade_Pandemic_Investing.mp3
Category:general -- posted at: 12:00pm EDT

Today, Jason Hartman discusses the Phillips curve and its relevance to our current economic situation. While we are all challenged in ways to adapt to our shelter-in-place advising, several benefits are being popularized out of necessity. Telemedicine, or telehealth, is growing rapidly, and not just for humans. Veterinary practices are using telemedicine for your pet's health as well.

Steve Hochberg returns to elaborate on the Elliott Wave. How do we know when we have too much debt, the U.S., or the individual? 

Key Takeaways:

[1:00] Is Kim Jong-Un alive?

[5:30] Telemedicine, we’re finally there

[8:00] The Phillips curve

[14:00] Monetary policy comes from central banks, and fiscal policy comes from the government 

Guest: Steve Hochberg

[22:00] Everything the Fed has said they’re going to do has been backed by the Treasury. The treasury has pledged to cover any losses that the Fed is going to incur through their lending programs, and this can’t go on forever

[24:00] How do we know when we have too much debt?

[28:30] “I think there’s a huge bull market starting right now, and it’s the bull-market in cash” -Hochberg

Websites:

www.elliottwave.com

Jason Hartman University Membership

1-800-HARTMAN

www.JasonHartman.com

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Jason Hartman’s Blogcast

Direct download: AMA_1448_Phillips_Curve_Elliot_Wave_Steve_Hochberg_PART_2.mp3
Category:general -- posted at: 12:00pm EDT

Returning guest, Harry Dent, discusses the economy, company buybacks, and quantitative easing. Take a deeper look into the economic influence of each generation with their peak earning power, and peak spending trends. 

We are all searching for information on what to expect in uncertain times. Look at patterns Harry has analyzed to predict what’s to come. Jason discusses the roommate component as a part of understanding shadow demand for housing. 

Harry Dent shares his thoughts on where Baby Boomers and Millennials will go next, be that downsizing or repurposing the McMansions. What differences between the two generations have led to peak earning and peak spending trends, and how will they affect the housing market? 

[1:30] Harry Dent, Demographer

[2:30] Puerto Rico, better weather, lower cost and better tax benefits

[3:53] Famous for predictions on all aspects of the economy

[3:50 ] QE Quantitative easing

[8:00] What is the age of someone’s peak earning power and peak spending?

[8:50] “Quantitative easing is not putting money into the banks system and lending, it is literally buying financial assets like bonds, which puts more money into the pool that’s actually chasing financial assets, and that drives up financial assets.” - Dent

[13:55] Company stocks are going up because of shrinking the number of shares, rather than growing the economy

[13:25] You say the economy is fake?

[14:25] Governments always stimulate the economy

[17:55] Are company stock buybacks really that bad? 

[18:00] The stock market is the best leading indicator of the economy

[23:00] After 1995, things start to get out of whack in relation to GDP

[27:10] Every 90 years, like a clock, we see a bigger bubble and a crash

[31:00] What are the biggest bubbles now, Apple, Google, Amazon, tech companies

[34:00] China’s workforce peaked in 2011 and has been declining ever since

[38:40] Harry explains the repo-market 

[40:00] Harry Dent, "The baby boomers have sold their homes and joined the renters"

[43:00] In general, are the millennials in a good place or a bad place?

[46:00] Harry, “I like the high quality, the ten and thirty-year U.S. Treasury Bonds”

[50:00] What’s to come of the Millenials and the McMansions? 

[52:00] If we don’t rebalance this debt, and go through what you always go through after a debt bubble, we may end up like Japan

[56:00] Jason, "Financial assets like the wall street economy vs real assets like the main street economy are far riskier"

Websites:

www.HarryDent.com

PandemicInvesting.com

Jason Hartman Youtube: Harry Dent

1-800-HARTMAN

www.JasonHartman.com

Direct download: AMA_1427-29_Harry_Dent.mp3
Category:general -- posted at: 9:00pm EDT

Beware of the 'invisible tax,' inflation. Jason Hartman discusses inflation, poverty, and work-from-home lifestyle and advantages. In these challenging times, what professionals are able to stay optimistic? How are the elites transferring wealth?

In part II of today’s show, Jason interviews Jessica Mah, founder of inDinero. Tune in for pro-tips on loan approval for PPP & EIDL. How can you optimize your time with loan delays, and get ahead of the game? And, don’t forget to prep for the end-game of these loans, will they be forgiven? Follow the rules and we shall see. 

Key Takeaways:

[3:15] There are two types of taxation that we are paying: 1) The tax that we see, income tax, sales tax, etc 2) The inflation tax, which destroys the purchasing power of our money

[7:30] People are being driven into poverty in this quarantine, making it very difficult for some to adjust to the work-from-home lifestyle

[13:30] “Tis the set of the sails, And not the gales, Which tell us the way to go.” -Ella Wheeler Wilcox

[16:00] How are the elites transferring wealth?

[19:30] Jessica Mah, founder of inDinero, helping entrepreneurs run better businesses

[20:50] PPP has run out? Only 6% of all applications have been approved by the SBA and funded. 

[21:15] The SBA is saying the best option is to use the bank you are already with, although Jessica has seen more success getting a loan through smaller regional banks

[23:15] Have you seen success in getting loans with brokers?

[25:30] Every bank is accepting PPP & EIDL applications even though they’re both on hold due to running out of money

[26:45] How can you be successful at getting your slice of the bailout pie?

[18:30] Pro-Tips: Show your work; have an excel spreadsheet that shows how you came to your figures

[30:30] How difficult is the one-page application? 

[31:00] The Magic Question, “What is all of the information you need from me in order for the bank to formally process my loan application and submit it to the SBA?”

[34:00] This loan could be forgiven if properly played out

[38:00] Encouraged to apply for PPP & EIDL, but PPP is the better of the two options for covering big payroll sheets

Websites:

Blog.indinero.com

covid@indinero.com

www.PandemicInvesting.Com

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: AMA_1439_Jessica_Mah_inDinero_SBA_LOANS_PPP_EIDL.mp3
Category:general -- posted at: 12:00pm EDT

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