Four-Step Strategy to Secure Your Savings From Coming Economic Collapse - David Stockman
The United States is on the brink of an economic collapse, and David Stockman, an equity investor and author, predicts that it will be a “reckoning” that will rock the nation with a meltdown that hasn’t been seen in decades. “The Fed is finally out of dry powder,” he shares, referring to the attempts of the Federal Reserve System to keep things artificially stabilized. David talks about the pros and cons of bitcoin and cryptocurrencies, but more importantly, he discusses how Americans can wisely prepare for the coming economic devastation. He recommends doing four major things: pay off your debt, pocket your profits (like stocks), put those profits into securities like cash, and invest in financial insurance, like gold. “I think gold still remains a fundamental asset that everyone should have,” he says.
TAKEAWAYS
Gold is ultimately the final form of money in this world, even amidst a collapse
Find properties that bring you residual income - buy them with as little debt as possible
In a potential collapse, people will lose their homes, and there will be a higher demand for rental properties
Central bank money is fiat money and it can be manipulated
🛠 TOOLS AND RESOURCES FROM EPISODE
NRB Recap video: https://vimeo.com/917591058
NRB 2025 Conference: https://nrbconvention.org/
Good Ranchers (get $30 off your first box with code TINA): https://www.goodranchers.com/
The Great Money Bubble book: https://amzn.to/4aZ9IdM
🔗 CONNECT WITH DAVID STOCKMAN
Website: https://www.davidstockmanscontracorner.com/
X: https://twitter.com/DA_Stockman
📢 THIS EPISODE SPONSORED BY
TUVU: (sign up for free 30-day trial): https://www.tuvu.com/free-trial?field-3=counterculturemom
Patriot Mobile (use code TINA for free activation): https://www.patriotmobile.com/ccmom/
Capstone Legacy Foundation: https://capstonelegacy.org/
🔗 CONNECT WITH COUNTER CULTURE MOM
https://linktr.ee/CounterCultureMom
📺 WATCH OUR PREVIOUS SHOWS
📲 GET OUR APP & FREE PARENT MEDIA GUIDE
💵 SUPPORT THE MISSION
2023 Recap & 2024 Goals: https://bit.ly/CCM23ImpactReport
Make a Tax-Deductible Donation: https://counterculturemom.com/partner/
Featured Offer
Archives
- Be Prepared For Any Emergency
- Become An Organ Donor
- Best of Fall 2023 - Part 1
- Best of Fall 2023 Part 2
- Best of Spring 2023 - Part 1
- Best of Spring 2023 - Part 2
- Biblical Resources for Kids
- Biblical Worldview Basics
- Boost of Encouragement
- Breaking The Chains of Addiction
- Celebrating Freedom
- ChatGPT And The Rise of AI
- China
- Christ-Centered Education
- Christ-Centered Identity
- Climate Change Hoax
- Combating Sex Trafficking
- Communist China Infiltrates U.S.
- Connecting Moms and Daughters
- Covid Shots Causing Sudden Death
- Darwinism Debunked
- Deadly Hospital Protocols
- Defeating Eating Disorders
- Deliverance
- Discovering Your Purpose
- Faith Fitness and Fasting
- FEMA's Depopulation Plan
- Finding Financial Freedom
- Finding Freedom From Anxiety
- Finding True Femininity
- Freedom in Forgiveness
- Gender Transitioning
- Ghastly Glysophate and GMOs
- Giving Thanks - 300th Episode
- Global Warming Debunked
- Godly Grandparenting
- Grappling with Loneliness
- Reaching Mormons for Christ
- Regaining Mental Health
- Reliable News and Social Media
- Resources for Veterans
- Restorative Rest
- Sadistic Side of Smart Cities
- Serving Kids with Special Needs
- Setting Safeguards on Tech
- Sponsor Appreciation Week
- Stepfamily Strategies
- Stop Predatory Gambling
- Stop Sextortion
- Summer Schedule
- The Best of 2022 - Part 1
- The Best of 2022 - Part 2
- The Dark Side of Anime and Manga
- The Transgender Craze
- Travel and Adventure
- Science and the Gospel
- Spiritual Gifts
- Spiritual Growth
- Spiritual Growth for Men
- Spiritual Growth for Women
- Spiritual Warfare