May 5, 2020
Schedule your 15-minute call with Anthony or Cameron here:
http://bit.ly/iwc15podcast
Are you tired of the roller coaster that is the stock market? Have
you ever felt Wall Street doesn’t have your best interest at heart?
If so, you’re not alone. In today’s episode we interview
best-selling author and advisor Barry James Dyke. Barry has written
three books (with one more coming soon) that peel back the curtain
on how Wall Street has systemically transferred the risk of
investment losses’ to the American consumer while keeping a
majority of the profits for themselves. We discuss the hypocrisy
found when major banks/financial institutions (and politicians)
tell you to speculate with your hard earned dollars while they put
their money in non-market correlated assets. In addition, he uses
Caesars Entertainment’s 2015 Bankruptcy filing as an example to
highlight the incestuous relationship between Private Equity Firms,
Pension Plan Managers and major Banking institutions. Additional
topics discussed:
Insider’s take on the leveraged buyout of Caesars Entertainment
The connection between Private Equity and Pensions
The Greater Fool Theory
Tier 1 Capital: What is it and why banks own so much of it
The importance of Creditor Protection: The Ken Lay Story
What to know about Annuities
The Glass-Steagall Act: It’s repeal in 1999 and the effect it had
on the American Economy
Quotes:
“Never met a man who’s made a million dollars from mutual
funds”
“No cop on the beat”
“Fiscal Fitness”
Check our on-line course at www.InfiniteWealthCourse.com
Resources:
Barry's Website
“The Economic
Warrior” Youtube Channel
The Pirates of
Manhattan
The Pirates of
Manhattan II: Highway to Serfdom
Guaranteed Income: A
risk free guide to Retirement
Financial
Planning has Failed E-Book
Creature from Jekyl Island
Buyout of America by Josh Kosman