PIGS: Culture, Not Debt, Is the Problem
In this presentation at the 2015 Capitalism & Morality seminar in Vancouver, I argue that the crisis in Portugal, Italy, Greece, and Spain is rooted in culture, not merely debt.
In this presentation at the 2015 Capitalism & Morality seminar in Vancouver, I argue that the crisis in Portugal, Italy, Greece, and Spain is rooted in culture, not merely debt.
I speak with Albert Lu on Liberty.me about investing, junior mining, gold, valuation, risk, and the discipline needed to find asymmetric opportunities.
I discuss Capitalism & Morality, my Vancouver philosophical conference, and my Liberty.me booklet on how to invest in junior mining with discipline and skepticism.
I discuss India’s demand for gold, the country’s slowing economy, gold smuggling, government controls, and why Indians continue to rely on gold.
I discuss Western decline, over-regulation, mining oversupply, hard assets, natural resources, and why I am becoming increasingly bullish on gold.
I discuss why Indians buy gold, arguing that it is not merely tradition but a rational response to negative real yields, weak institutions, and financial repression.
I speak with Adem Tumerkan about China, student loans, war, liberty, democracy, state power, and why political systems fail without the right moral foundations.
I discuss Asian gold demand, India, China, institutional distrust, and why Western observers often misunderstand how people in Asia think about gold.
I speak with Redmond Weissenberger of Liberty.me on Better Red Than Dead about fiat money, moral hazard, junior mining, and how investors seeking protection can end up in promotions and hot air.
I speak with Jeff Berwick on The Anarchast about Indian corruption, bureaucracy, Hinduism, productivity, liberty, Mexico, and Capitalism & Morality.