The Financial Reset with John Mauldin

“Right now everybody wants the government to be really big, and we don’t want to pay for it, and that’s not going to get resolved until we have a crisis.”— John MauldinLocation: RemotelyDate: Tuesday 7th SeptemberProject: Mauldin EconomicsRole: Analyst, AuthorIn Ray Dalio’s excellent video How The Economic Machine Works, he explains the concept of long-term debt cycles. This framework can shed light on where we have been economically, and where we might be going.With debt and spending soaring, and no sign of austerity, we may be approaching the conclusion of a long-term debt cycle. Whether you call it a cycle, or a “reset,” in the end it means there may be some kind of great restructuring.The only thing that seems to be clear, is what we are doing today is not sustainable.So how can we get to the other side? And what do we have to be optimistic about?In this interview I talk to author and economic analyst John Mauldin. We discuss current labor shortages, crises and antifragility, and the looming global debt problem.This episode’s sponsors:Gemini - Buy Bitcoin instantlyBlockFi - The future of Bitcoin financial servicesSportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.Ledger - State of the art Bitcoin hardware walletCompass Mining - Bitcoin mining & hosting-----WBD397 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.