Doug Casey on Crime, Debt, & India's "Moon Landing"

Doug Casey's Take [Ep.#273]

In today’s episode:

The Rising Tide of Retail Theft: We discussed the alarming increase in retail theft and disorderly conduct, particularly in California. The lack of serious consequences for thefts under $950 has inadvertently encouraged a culture of stealing. This, coupled with the rise of flash mobs and the lack of loss prevention efforts, paints a worrying picture of our society's fabric.

The Cracks in Our Financial System: We also touched on the vulnerabilities in our financial system, such as subprime auto delinquencies and record-high credit card debt. The shift from saving to borrowing, and the increasing length of car loans, are signs of a system under strain.

Kia Boys - The tiktok trend leading to teenage joyriding with sometimes deadly consequences.

The State of Democracy: I shared my concerns about the future of our democracy. With the potential manipulation of the system and the erosion of personal freedoms, the concept of democracy seems to be under threat.

The Possibility of a Revolution: We discussed the slim chance of a revolution, but also the limitations of the average person in defending their rights and property.

Looking for Green Shoots: Despite the gloomy outlook, we're eager to hear about positive trends and reasons for optimism. Readers? What are we missing?

Plus…

Next week, we'll be discussing a plan that could result in individuals owning nothing.

As always, we appreciate your thoughts and insights. If you've noticed any positive developments we might be missing, please let us know.