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David McAlvany is a thought leader on the global economy and author of The Intentional Legacy, his thoughtful memoir on the power of legacy and what it means to create a meaningful family culture. McAlvany graduated from Biola, served as a wealth manager at Morgan Stanley, and is the second-generation CEO of the McAlvany Financial Group. He has been a featured guest on national television programs, including CNBC, Fox News, Bloomberg, and at financial seminars around the world. David is also the host of the McAlvany Weekly Commentary, one of the longest-running economic and geopolitical podcasts online.
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You say you don’t believe WEF/Klaus but haven’t you gone back a little on that recently? Look at all the ‘global young leaders’ they have installed in govs all over, esp Canada and Trudeau.
Regardless as a family it is tougher and tougher to try to figure out where to live anymore. The Midwest has too many people and the north is too cold for long growing seasons mixed with current high costs.
Anyone got areas to check out for young families knowing the collapse is coming?
There is nowhere in America imho. I like you have searched for years. All regions .The internet. Sites. Weather. . Drugs everywhere. Even if you go to the middle of kansas the drug heads will clean you out while you are out shopping or working. Most of the reasonable homes are gone now anyway. Many many blue state libs have invaded the red states everywhere and driven up the prices. Again, those rea$onable homes are gone.Bloom where you are planted as below comment is insanity. and a cop out. WRONG ANSWER. I guess we are all stuck and will be forced to endure the coming collapse-secession- and civil war. Sorry. Do you best with God’s help! Take care Michael in “occupied sw Pennsylvania. Ret US Army
Thanks for reply. I’ve looked everywhere from Arkansas which seems really nice, but not from there scares me. I live in Colorado and I love this place but it’s California 2.0 these days. I really worry if I’m dangering myself staying here, plus can’t even afford a house which is a huge problem.
I grew up in the mountains and understand weather/seasons but also wonder if the longer winters are something bad I should consider.
Fallen-
Just out of curiosity, which parts of the Midwest have you eyeballed?
Yes, there are too many people in Chicago and Detroit.
Iowa, Nebraska, and the Dakotas seem like they still have quite a bit of empty space around.
Best of luck to you.
Bloom where you are planted, Fallen Hero. If the collapse is coming, you’ll figure it out.
And thanks for the podcast, Jimbo. I’ve always wanted to hear David M. and outside of a shameless pitch for his company near the end (hey, a guy’s gotta make a living) this was great.
Hey Paul Revere, why is “Bloom where you are planted” a copout and the WRONG ANSWER? Just curious. Jimbo seems to be doing ok in upstate NY w/ his chickens and backyard garden and a blog called Clusterfuck Nation to help pay the bills. A person doesn’t have to be wealthy to be “rich”, if you know what I mean, but I suppose you don’t.
Whatever area of expertise David McAlvany possesses, it is not China.
China’s economy is not and has never been centrally planned, its leader has no more power today than he had in 2012, and his only involvement in the economy has been to broaden and deepen it, while removing barriers to productivity.
Never ever believe what our media say about China. It has been wrong for 70 years and grows wronger by the day,
JHK-
Thanks for another top shelf interview!
Also, we both have the same thoughts regarding wind farms.
Mine were generated as I drove on NY-20A outside East Aurora, NY coming and going from seeing my folks this past Labor Day.
As I gazed upon the visual chaos of the wind farms in that region, I could only think, “My God, are these the tripods from ‘War of the Worlds?’.”
I wouldn’t call it “top shelf”, but for a podcast w/ one of your sponsors, it wasn’t too bad.
The really wealthy always feel the need to interfere with the common slob because the greedier they get, the more they fear an enlightened, angry mob that realizes how hard they have been screwed and are hell bent for revenge. Think 1789.
Laziness, wow, what an insight, but reading novels only occurs on expensive vacations, don’t you know? People don’t read anymore and if they do it IS novels and not historical fact or informational reading. People do very little self-educating once they are out of school and get very little true education when they are still within the system.
Stay in your lane or suffer a revolt? Very astute, very, very astute. But I do believe that they are under the impression that their technologies and the goons with the sunglasses and the Uzis will keep them safe. I hope they are wrong.
How did we get to be so dishonest and why do we accept dishonesty as a way of doing business Jim? Excellent question My answer to that is that greed does this to people and to systems. Replacing a system of beliefs with a lust for money and the things that it buys (for now) is the second shoe dropping on the floor.
The American public will only wake up, if they ever do, once the general population is hungry and having difficulty stuffing fast food into their gullets. The positive aspect of this will be that the obese behemoths that have destroyed the healthcare and health insurance business will be forced to take the treatment for their maladies.
Great point on the Russian desire to be treated decently, but you and I both know that the USA War Machine needs a constant stream of boogiemen to justify the purchase and development of weapons of mass destruction. Hey, that idea had consequences in the past, didn’t it?
My only problem with nuclear energy is that in knowing people that work with the Army Corps of Engineers, disposing of, or more correctly, storing the spent fuel rods is a serious problem and is only getting worse. Yucca Mountain can only contain so much, you know.
As far as the question of WTF is up with Germany is concerned, they have been deballed after WWII by our covert OPS people. Read the book, Black ’41 authored by Bill Yenne, it explains it all in detail.
All in all, and once again sir, you have served us all well and I thank you with all my heart!
Be well, God bless.
Mcalvany has some economic coherence and not the disorder of windmills which many of his ilk on MSM possess. His global perspectives on China, the Russian incursion, German inflation are all MIC milquetoast and I liked Jim’s indulgence to his sponsor: Otherwise, he would have been a scrambled egg with no yolk.
One part of the narrative that enlightened me was to avoid renewable energy companies with tariffs regulated by the govermint (cheap electricity for the hoi polloi), as they are not going to deliver any dividends when their low life cycle expires.
hello
Luckily I am retired and don’t have a young family to support. I think staying in the good, old USA is a bad idea. I’m now sitting in a hotel in Chang Mai Thailand looking out over the city.
I will be touring Thailand and the Philippines looking for a place to put down roots. If inflation stays high in the States for another few years my pension and SS will only allow me to live in poverty.
People here in Thailand and the Philippines are friendly, the cost of living is low and both countries remind me of how the US used to be. I feel as much a stranger in the US as I do in Thailand and feel very comfortable in PH.
I’m glad I’m the age I am and have the ability to leave the bizarre Western world behind.