Wall St. For Main St., Released on 2/6/25
During this hour plus long interview and conversation, Dave talks about Department of Government Efficiency (DOGE) already draining the swamp of government waste, fraud, corruption and abuse rapidly with uncovering the USAID fraud and money laundering in just the first few weeks. However, Dave is worried about the executive order powers Trump has restored and how future US Presidents will now also have them. Dave talks about artificial intelligence (AI), censorship and de banking and also how the Cantillon Effect continues to allow US stocks like Nvidia, Apple and other Mag 7 to have record valuations. Dave is predicting a bear market in US stocks in the next few years and discusses how currency debasement has caused many adults to gamble on meme coins, alt coins, meme stocks and sports betting apps. Dave talks about historic stock market valuations and past technology cycles.
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David B. Collum is an economic commentator, chemist, Betty R. Miller Professor of Chemistry and Chemical Biology at Cornell University. He holds a PhD, Columbia University, MS, Columbia University, MA, Columbia University and BS, Cornell University.
Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street.