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In today\\u2019s American Monetary Association Show, Jason Hartman invites Jerry Robinson, author of Bankruptcy in Our Nation, to the show to share his views about what bankruptcy would look like. They discuss a variety of topics and consider frankly just how bleak America\\u2019s future could look. Robinson also gives his opinion on the impact of America\\u2019s international relations, as well as posing the interesting notion that we can see the path of America\\u2019s future by looking at the past of the rest of the world.

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Key Takeaways

02.44 \\u2013 Jerry Robinson\\u2019s Bankruptcy of Our Nation deals with facets of the economic crisis such as what happened, why it happened and what we thought would happen.

05.03 \\u2013 In a number of ways, the 2014 picture we draw now looks very similar to the state of the world in 1914.

13.54 \\u2013 No-one does anything for nothing. A closer look at the incentives can provide a lot of insight.

19.58 \\u2013 The psychological impact of the economy is already taking an effect. People now expect prices and values to go up, and are surprised if they don\\u2019t.

26.14 \\u2013 Maybe we need to reassess our definition of evil to better match today\\u2019s global situation.

30.09 \\u2013 If the relationship between the US and Saudi Arabia changes, it could change the entire balance of power in the Middle East.

32.09 \\u2013 Exports are always going to be vital, and we need to consider the impact if the US becomes energy-independent.

39.53 \\u2013 International threats, and especially those involving cyber-attacks, must be taken seriously. Even if you\\u2019re living in a city, know the precautions you can take.

44.03 \\u2013 Find out about Jerry Robinson\\u2019s Five Levels of Financial Freedom at www.FTMDaily.com/fivelevels.\\xa0

01.00.02 \\u2013 With mortgage debt, as an investor you don\\u2019t even need to pay this off yourself \\u2013 your tenants pay it off for you.

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Mentioned in this episode

Bankruptcy of our Nation by Jerry Robinson