International Man: At $1.1 trillion, annualized interest on the US federal debt is now the second-largest budget item—and is on track to become the largest. This could lead to discussions about the need for a Monetary Reset. Meanwhile, long-term interest rates are climbing, even as the Fed lowers short-term rates. Can the US government keep kicking […]
International Man: China’s DeepSeek artificial intelligence (AI) platform has stunned the world, outperforming US AI models while using just a fraction of their resources. Some are even calling it the “OpenAI killer.” What’s your take on this development? Doug Casey: Technology—all technologies—inevitably become better and cheaper over time. That trend has been in motion, at an accelerating […]
International Man: Let’s begin by defining our terms. How would you define a speculator? Doug Casey: The word “speculator” is generally misused and poorly defined. Let’s put it in context, along with some related terms that it’s usually confused with. First, what is a speculator? A speculator is someone who capitalizes on distortions in the market. These distortions are […]
by Doug Casey International Man International Man: Vivek Ramaswamy recently faced backlash for supporting the H-1B visa program and criticizing American culture. Many saw his comments as endorsing replacement immigration for highly paid tech jobs (link). What’s your take? Doug Casey: Unfortunately, he’s mostly right about US workers. Their work ethic has been corrupted by cradle-to-grave benefits, class […]
Doug Casey, International Man International Man: Looking at the intersection of finance, economics, politics, and culture, what is your most significant prediction for 2025? What major event or trend should people prepare for that most are currently overlooking? Doug Casey: The trends that appeared, seemingly against all odds, in 2024 are going to accelerate. The climate changed with […]
Doug Casey’s International Man by Mona S International Man: As we approach the end of the year, let’s take a step back, review the Big Picture, and assess 2024’s major developments to better understand what may come next. Before we drill down into specifics, what’s your high-level view of what happened in 2024? Doug Casey: Let’s break it […]