Complacency Getting Steamrolled by Rising Interest Rates
Peak Prosperity
Chris Martenson
4.7 • 591 Ratings
🗓️ 21 October 2023
⏱️ 70 minutes
🧾️ Download transcript
Summary
Everything has changed now. What worked before won’t work as easily or at all. Buying and holding US Treasury paper for one, investing in real estate for another. New tactics are required.
Transcript
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| 0:00.0 | Hello, everybody. Chris Martinson here, and today we're going to be talking about finance |
| 0:03.9 | and economics as part of finance you. Remember, anything that you see in this video and all |
| 0:10.2 | resources available at our websites or affiliated websites are not intended as or construed us financial |
| 0:15.8 | advice. This is for educational purposes. Remember, if you have a financial decision, please |
| 0:20.7 | consult a financial |
| 0:21.7 | professional. We are not attorneys. We're not CPAs. We are not financial managers. As well, we do our |
| 0:28.4 | best to be accurate, and everything we represent is as accurate as we know it to be. Now, let's turn to our |
| 0:33.6 | program. Hello, everybody, and welcome to our program. |
| 0:43.1 | Hello, everybody, and welcome to this edition of Finance University. |
| 0:47.1 | You can tell I take it serious because I threw a jacket on over my t-shirt today. |
| 0:50.2 | So, hey, Paul, good to see you again. |
| 0:51.1 | Great to have you back. |
| 0:53.4 | Hey, Chris, it's a pleasure to see you as well. |
| 0:54.2 | I like the t-shirt. I'm not trying to make yet. Yeah, you Chris, it's a pleasure to see you as well. I like the t-shirt. |
| 1:11.5 | I'm not trying to make yet. Yeah, you know, it's just, you can tell. It shows I care about the audience. And I do. I think you got to look the part. So I'm glad we're both smiling and laughing, because obviously there's a lot of things not to laugh about this past week. Here we are. It is October 19th here in 2003 and obviously |
| 1:14.0 | a lot of things going on not to laugh about this past week. Here we are. It is October 19th here in 2023. |
| 1:12.5 | And obviously a lot of things going on in the Middle East, all sorts of markets busting |
| 1:16.8 | a move. |
| 1:17.5 | You know, the thing I, my metaphor for this might is, I hear the creaking and popping sounds |
| 1:24.0 | like you might hear as a superstructure is under strain, right? |
| 1:27.6 | And so I wanted to discuss today with people what it means that we're seeing the 10-year |
| 1:32.0 | U.S. Treasury note bust such a serious move. |
... |
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