Government Shutdown and Debt Ceiling Debate - Ramifications for Investors

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

The Real Estate Guys

Robertkiyosaki, Realestateinvestors, Realestateguys, Realestateinvesting, Syndication, Investors, Richdad, Realestateguysradio, Business, Investing, Realestate

4.7 • 696 Ratings

🗓️ 14 October 2013

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Because the US dollar is the reserve currency of the world, what happens in Washington DC and at the Federal Reserve has a big effect on the rest of the world. Likewise, how the world responds to Washington and the Fed affects the strength of the US dollar, which in turn affects interest rates. And interest rates affect real estate investors.So while the government shutdown is one level of stress, a possible debt default is a potential crisis of much larger proportions. How will it all play out? While a traditional default is unlikely, it's very likely the debt ceiling will be raised and the dollar will continue its slow and steady slide. When you're buying a property and getting a loan for the long term, the long term direction of the dollar creates both challenges and opportunities every real estate investor should be aware of.Listen in as The Guys discuss the government shutdown and the great debt ceiling debate on The Real Estate Guys™ radio show!The Real Estate Guys™ radio show provides real estate investing news, education, training, perspectives and resources to help real estate investors succeed. Learn more and subscribe to the free newsletter at www.realestateguysradio.com

Transcript

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0:00.0	Welcome to the Real Estate Guys radio program. Our government has shut down, but our show has not,
0:07.2	so we're here to talk about the ramifications of a government shutdown and a debt default
0:12.0	and all kinds of other fun things today on the Real Estate Guys radio program.
0:20.3	Are you achieving everything you want in life?
0:22.6	What if there was a time-tested way to ensure that 2014 is your best year yet?
0:27.6	The most successful people in life set goals and keep themselves accountable.
0:31.6	But how?
0:33.6	The good news is that it's not rocket science.
0:35.6	You too can learn the skills and unleash the motivation that will create success in your life.
0:40.3	And now is the time.
0:41.3	Hi, this is Robert Helms, and I'd like to personally invite you to attend creating your future, the 2014 Goals Retreat, January 10th to 12th in beautiful San Diego, California.
0:51.3	This unique weekend event has been called phenomenal, inspirational, and life-changing
0:56.4	by the hundreds of people that have attended.
0:58.4	Find out more at Real Estate GuysRadio.com and click events.
1:02.1	Or call 888-489-7723, extension 18.
1:07.1	Get your life back on track physically, spiritually, and financially.
1:10.7	Attend the 2014 Goals Retreat on the physically, spiritually, and financially.
1:14.6	Attend the 2014 Goals Retreat on the second weekend of the new year.
1:17.6	Click events at real estate guys radio.com.
1:19.0	This is no dress rehearsal.
1:20.9	Live the life you were meant to.
1:28.6	Visit real estate guys radio.com or call 888-489-7723, extension 18, today.
	...

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