The Non-Sugar-Coated Ugly Truth About the Recession | Patrick Bet-David Interview
The Rubin Report
Emma Dog Productions
4.6 • 14.2K Ratings
🗓️ 17 July 2022
⏱️ 54 minutes
🧾️ Download transcript
Summary
Dave Rubin of "The Rubin Report" talks to entrepreneur and Valuetainment creator Patrick Bet-David about red states vs. blue states, how he has avoided a victim mentality, why the American dream isn't dead, how you can make money in a recession, why this recession could get pretty ugly, how rising interest rates might tank the housing market, why the mainstream media is already dead, how millions were tricked into thinking that home ownership is a good investment, what Jeff Bezos is learning from Elon Musk, and how to sell capitalism to the next generation.
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Transcript
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| 0:00.0 | I'm Dave Rubin and joining me today is the founder and CEO of Value Tainment, host of |
| 0:12.6 | the PBD podcast and author of your next five moves, Master the Art of Business Strategy, |
| 0:19.9 | Patrick Bett, David, finally. |
| 0:22.1 | Welcome to the Rubin Report. |
| 0:23.1 | It's great to be on. |
| 0:25.3 | And to see you, my friend, we are both relatively new Floridians, so I feel we should start there. |
| 0:32.4 | Do you have anything you want to tell the people about life in Florida? |
| 0:36.1 | I got to tell you, I lived in LA 20 some years, minus the time in the military. |
| 0:40.2 | I lived five years in Dallas, Texas, which was fantastic. |
| 0:44.6 | I kept one of my companies there. |
| 0:46.8 | But in Florida, if California and Texas could make a baby, it would be Florida. |
| 0:51.6 | Could you get the lifestyle and you get the taxes they kind of leave you alone. |
| 0:55.7 | So we're in love living in Florida. |
| 0:58.8 | So you moved the company for what was it, five years in Dallas, and then what caused |
| 1:04.0 | you to leave Texas? |
| 1:05.5 | Because Texas is pretty good. |
| 1:06.8 | You ain't paying the taxes there. |
| 1:08.4 | It's a nice lifestyle over there. |
| 1:10.0 | Was it purely weather and tropical leave related? |
| 1:13.8 | Yeah, that's a good question. |
| 1:15.5 | So for me, we were at a point where we outrew the headquarters and value Tainment and the |
| 1:20.9 | insurance company were in the same headquarters, same office. |
... |
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