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.TAKEAWAYSGold is ultimately the final form of money in this world, even amidst a collapseFind properties that bring you residual income - buy them with as little debt as possibleIn a potential collapse, people will lose their homes, and there will be a higher demand for rental propertiesCentral bank money is fiat money and it can be manipulated🛠 TOOLS AND RESOURCES FROM EPISODENRB Recap video: https://vimeo.com/917591058NRB 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 STOCKMANWebsite: https://www.davidstockmanscontracorner.com/X: https://twitter.com/DA_Stockman 📢 THIS EPISODE SPONSORED BYTUVU: (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 SHOWShttps://bit.ly/FPMCCMshow 📲 GET OUR APP FREE PARENT MEDIA GUIDEhttp://bit.ly/landingpageCCM 💵 SUPPORT THE MISSION2023 Recap 2024 Goals: https://bit.ly/CCM23ImpactReportMake a Tax-Deductible Donation: https://counterculturemom.com/partner/

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