“The current political environment is just wrong,” Doug Casey exclaimed to the audience yesterday. As if on cue, the U.S. government announced it will add 200,000 jobs to its ranks by 2009. Current estimates reveal the U.S. government currently employs about 1.6 million people… full time. We find it hard to believe Jefferson, Madison or even Hamilton had this in mind when they argued for the adoption of the U.S. Constitution: 1% of the entire American work force now works for the government.
“The U.S. government is the central ‘thing’ in our lives,” Casey continued. “The government is like the sun and the solar system, which is ass-backward. That’s got to be fixed. Unfortunately, it’s too late for peaceful change. It’s still too early to line them up against the wall and shoot them -- but we are getting there.”
As far as riot-inducing comments go, that’s the gentler side of Doug’s presentation. But what can you do about it?
“You’ve got to diversify internationally,” he explained when asked how he hedges against the U.S. market. “It is easy to diversify… you simply shouldn’t have everything in one country,” said Doug. “Have a bank account in one country, a passport from another, a home in an entirely different country and investments in many of the world’s markets.”
Doug is currently an Argentina bull. He’s lived in 12 different countries in his lifetime, and has visited just about all the rest of them. Judging from the applause, Doug was easily one of our attendees’ favorite speakers. Click here to see a video excerpt.
“The U.S. government is the central ‘thing’ in our lives,” Casey continued. “The government is like the sun and the solar system, which is ass-backward. That’s got to be fixed. Unfortunately, it’s too late for peaceful change. It’s still too early to line them up against the wall and shoot them -- but we are getting there.”
As far as riot-inducing comments go, that’s the gentler side of Doug’s presentation. But what can you do about it?
“You’ve got to diversify internationally,” he explained when asked how he hedges against the U.S. market. “It is easy to diversify… you simply shouldn’t have everything in one country,” said Doug. “Have a bank account in one country, a passport from another, a home in an entirely different country and investments in many of the world’s markets.”
Doug is currently an Argentina bull. He’s lived in 12 different countries in his lifetime, and has visited just about all the rest of them. Judging from the applause, Doug was easily one of our attendees’ favorite speakers. Click here to see a video excerpt.
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