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Author Talk with Jeff Glor on CBSNews.com
Submitted by Richard Duncan | on October 08, 2012
I recently had a long chat with Jeff Glor on Author Talk, CBSNews.com in New York. Longer interviews like this one are a nice change from the ones that last only 3 to 5 minutes, where it’s necessary to speak in bullet points.
Here’s the link (Note: If the link does not take you directly to the interview, please search the CBSNews.com site for “Richard Duncan Jeff Glor”. Then it will.)
http//www.cbsnews.com/8301-504367_162-57501925-504367/the-new-depression-the-breakdown-of-the-paper-money-economy-by-richard-duncan/
Great interview, Richard. You came off very strong and I have forwarded the link to many friends.
I have a quick question that maybe can lead to an article for you. I too agree with your rental real estate investment assessment. I was wondering if you could discuss a few areas or parts of the US that may fair stronger in this new depression.
Investing in the San Francisco Bay Area would make sense in terms of the technology sector and jobs, but it makes no sense to invest there.
My focus in more on Texas as this is where many jobs are being created and where many Fortune 500 companies live. I am also eyeing Atlanta, but they have a strong financial influence there and that is not good in a depression scenario.
Maybe you can discuss your philosophies with a knowledgeable rental real estate investor to produce a list of areas where the cashflow numbers makes sense now, but will also fair strongly according to your theory on the economy. This would be something I personally would pay to read.
Please let me know if this is something you would consider. Thank you!
Nick
I came to know you through RichDad. You are one of the best. Keep up the continue flow of your priceless thoughts
great interview with James Grant
http://www.youtube.com/watch?v=JHiq3nb471U&feature=related