Why America Should Default and You Should Live Abroad: Q&A with Doug CaseyYouTube
Feb. 13, 2013
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"I recommend defaulting on the debt for several reasons," explains New York Times' best-selling author, investment strategist, and libertarian commentator Doug Casey. "Perhaps the best one is that I don't think it's correct to make the next several generations of Americans indentured servants"
His new book, Totally Incorrect, is a collection of conversations with Louis James that explore the ways in which government policy and centralized power threaten cultural and economic progress. In a series of engaging and wide-ranging dialogues, Casey and James talk about everything from the Great Depression to drug use to the Roman Empire.
Reason TV's Nick Gillespie sat down with Casey to discuss why America should default on its debt, why he spends most of his time in Argentina these days, and the importance of self-reliance and free-market principles.
About 6 minutes.
Produced by Joshua Swain with help from Amanda Winkler.
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Casey takes aim at government intrusions that threaten economic progress and the cultural malaise that allows it to continue in his new book Totally Incorrect, a collection of 43 conversations with his colleague Louis James covering various subjects. Taking examples from the Great Depression and the Roman Empire, Casey calls for a return to self-reliance and the free-market.
Reason TV's Nick Gillespie sat down with Casey to hear his contrarian views on why America should default on its debt, why national currencies are doomed to fail, and why living as a tourist outside of America makes for easy living.
About 6 minutes.
Camera by Amanda Winkler and Joshua Swain. Edited by Swain.