Justin Mohr Show

The economy showed GDP growth of 0.5% in the first quarter of 2016, that’s down from 1.4% growth in the last quarter.  Our economy is almost technically in a recession and what is the FED to do? Lower interest rates? QE4? Our economy is not recovering and is in fact getting worse! Business investment hasn’t grown for the last 2 years!  And to top it off, we haven’t seen above 3% growth any year during Obama’s presidency!  This hasn’t been seen in modern times!  The Keynesian view of pumping money into the system and spending money isn’t working and has never worked!  When will the government and Federal Reserve actually do the right thing and step out of the way and reduce taxes and deregulate the economy? Well, with Donald Trump or Hilary Clinton as president, I don’t see that happening anytime soon.

Direct download: jmsEp88-_The_economy_is_slowing.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MDT

Uber has just recently settled a $100 million class action lawsuit so that they could keep Uber drivers as independent contractors. So why is the independent contractor crucial to Uber’s success instead of the employee model?  It all comes down to avoiding costly government regulations! Government regulations are making it too expensive to do business in America today!  The government has its boot on the throats of businesses and they wonder why our economy is still struggling! When will we actually start repealing government regulations as a positive step forward instead of passing more regulations as the “answer?” I’m not sure but I’m not going to hold my breath.

Direct download: jmsEp87-Uber_and_Government_Regulations.mp3
Category:general -- posted at: 1:00am MDT

Chris Casey talks about what to look for when investing in the marijuana industry and what criteria makes for a good company to invest in. There’s a lot of businesses in the marijuana industry that are not good businesses so it’s important to know what you’re looking for. Chris sees huge potential in the marijuana industry with lots of growth to come so now could be a fantastic time to enter the industry for some potentially huge gains! Chris and his team at Singularity Capital believe they have found several companies that will be huge beneficiaries in the years to come from the legal marijuana industry. Don’t miss the insight offered into an industry that very few understand.

Direct download: jmsEp86-Interview_with_Chris_Casey.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MDT

“The Big Short” is a fascinating movie that everyone should see because the mania going on the housing market is happening today in just different sectors of the economy! The car market, student loans, the bond market, the dollar, these are all bubbles waiting to pop and the average American is completely clueless! Monetary policy expert, James Rickards sees gold going to $10,000 per ounce and he even sees gold going as high as $50,000 per ounce!  The time to buy gold is now while you can still get your hands on it!  The global economy is on the brink of a massive collapse so protecting yourself with gold is a good way to weather this storm!

Direct download: jmsEp85-Big_short_and_GOLD.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MDT

Dr. Mark Skousen discusses what he sees happening to the U.S economy and it’s not a recovery! Dr. Skousen also talks about FreedomFest, which will be taking place this summer in Las Vegas! The line-up for this year’s conference is incredible and it’s a can’t miss event!  The valuable information you obtain, the people you meet, the stories you will be able to tell people for years to come is all happening July 13-16th. Register before it sells out at: www.freedomfest.com

Direct download: jmsEp84-Interview_with_Mark_Skousen.mp3
Category:general -- posted at: 1:00am MDT

43% of the 22 million college students out there have gone delinquent on student loan payments and this mess is only getting started!  College kids with tens of thousands of dollars in debt and for what? A worthless college degree!  The college education bubble that has been brewing for several years now is finally popping and it’s not going to end well for the individuals involved nor the economy as a whole!  Government gets involved in a college education and has destroyed the value of it and has made it less affordable! This shouldn’t surprise anyone!  All this and much more on this episode.

Direct download: jmsEp83-Student_loan_crisis.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MDT

In 2015, record number of cars and trucks were sold in the United States.  Most people thing the strong car sales shows how strong the car market really is and reality is much different!  What happened in the housing market in 2008 is what is about to happen to the car industry!  Most people buying new cars are broke, they can’t afford them!  Low interest rates have encouraged people to buy cars and much nicer cars than they normally would have!  30% of people trading in a vehicle have negative $4,500 in equity!  People are trading in cars that haven’t been paid off!  Ladies and gentleman, the car market is about to get crushed and it’s going to be a buyers’ market.

Direct download: jmsEp82-The_car_industry_collapse.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MDT

People who are about ready to retire are broke! 42% of all workers have less than $10,000 in savings and investments!  Nobody is saving money for their own retirement. As government takes more responsibility for things, the people take less responsibility. Our government is broke and will never live up to what it’s promising people and yet people support a guy like Donald Trump. Trump is promising people the moon and they believe it!  A major crisis is coming our way so prepare yourself!

Direct download: jmsEp81-Those_about_to_retire_are_broke.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MDT

Social security turns 80 years old this year and look at how it has been destroyed by these benevolent politicians who are always “looking out for us.” Social Security is currently, $25.8 Trillion in the RED right now and guys like Trump want to leave it as is! Trump said it’s fine how it is right now and we will worry about it later! How can people say Social security is a success when it’s $25.8 Trillion in the hole right now and 30% of people age 65-69 are still working!? Obviously this is unsustainable and this destruction has happened in 80 short years. How much wealthier could society be if we never had social security?  All this and more addressed on this episode!

Direct download: jmsEp80-The_Truth_about_Social_security.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MDT

Central Banks around the world are engaging in negative interest rates!  In a free market, negative interest rates because it completely goes counter to time preferences!  We would always prefer to have a good in the present, as opposed to a good in the future!  Negative interest rates would imply that someone would prefer a good in the future as opposed to a good in the present!  This is ridiculous and negative interest rates are even being contemplated in the United States! What does well in a negative interest rate environment?  Gold and Silver!

Direct download: jmsEp79-Negative_Interest_rates.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MDT