Pomp Podcast #241: Caitlin Long On What Structural Issues Are Being Exposed By This Financial Crisis



This is an episode of The Pomp Podcast with host Anthony “Pomp” Pompliano and guest Caitlin Long, the Founder and CEO of Avanti Financial Group. In this …



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Post Author: Anthony Pompliano

46 thoughts on “Pomp Podcast #241: Caitlin Long On What Structural Issues Are Being Exposed By This Financial Crisis

  • Briar Patch Observatory

    (December 21, 2020 - 4:35 pm)

    "…in the next few weeks of remote working…" – bittersweet! I remember those days.

    SucceedInFinance

    (December 21, 2020 - 4:35 pm)

    Caitlin Long is great. She is writing a history of the future financial system. What they have achieved in Wyoming is a Big breakthrough.

    Franklin

    (December 21, 2020 - 4:35 pm)

    Caitlin doesn't seem to know what she's talking about.

    Domingo

    (December 21, 2020 - 4:35 pm)

    Yep you lost her but hopefully you get her back

    Baby come back you can blame it all on him (Anthony Pompliano).

    Trevonious95

    (December 21, 2020 - 4:35 pm)

    I literally got a $5/hr pay raise to go home

  • Mircea Staicu

    (December 21, 2020 - 4:35 pm)

    I believe Chamath stands behind the same fiscal policy as the one in the '20s

    Mircea Staicu

    (December 21, 2020 - 4:35 pm)

    So this is why Bitcoin adoption didn't pick up pace in its usage to balance international transactions and payments, because of its failure to satisfy the reserve asset constraints of being readily available (check), a physical asset (not check), controlled by policymakers (not check), easily transferable (check)

    Mircea Staicu

    (December 21, 2020 - 4:35 pm)

    As usual, excellent content delivered with an emphasis on the financial forces that are not front stage and not just

    traveler 88

    (December 21, 2020 - 4:35 pm)

    She didn’t mention silver, only gold. What’s her position on silver?

    traveler 88

    (December 21, 2020 - 4:35 pm)

    Great guests… learned so much!

  • CONSTANTINE D

    (December 21, 2020 - 4:35 pm)

    How can someone work in the "block chain" industry if not a programmer? Never heard of such occupation!!!

    Paul C

    (December 21, 2020 - 4:35 pm)

    Bring back the RTC – Resolution Trust Corporation to shutter bad banks and other financial assets.

    Tom Jandron

    (December 21, 2020 - 4:35 pm)

    I'm considering leaving MT and head to WY. They have done a lot of really great things the past few years in with BTC and personal freedom

    Artpunk Muir

    (December 21, 2020 - 4:35 pm)

    Pandemic of 1918 killed 50 million

    Pekka Rousu

    (December 21, 2020 - 4:35 pm)

    Great guest. The US have a debt of 400% of GDP + debt in the financial sector which have a debt I think of about 50% of GDP. Then the US have unfunded liabilities of easily 600% of GDP and some people argue that unfunded liabilities also should be regarded as debt. In total that is well above 1 000% of GDP and everything suggests that the figure will rise.

    Russia. Just compare. Debt expressed below as % of GDP.

    * Government 15% minus cash reserves giving a negative debt.
    * Local debt 0% (Americans usually forget local debt or ignore it and focus only on goverment debt)
    * Individuals 17%
    * Banks (all state owned) 20%
    * Non financial corporations 30% (a large part are state owned)
    * No pension bubble and regarded as funded. In effect no unfunded liabilities.
    Total debt 80%, not 1 000%.

    In Russia no stock market bubble, no corporate bond bubble, no real estate bubble, no housing bubble, no bubble in student loans, credit cards, cars or mortgages.

    If the Russian state would be really frugal 5 years and paying off their debt in state owned corporations and state owned banks the debt could be close to 0%. In reality all remaining debt would be only in private companies and individuals and at low levels. And harsh measures have been taken to dampen individual debt and debt of privately owned companies to keep debt low. And the Russian state have been buying s lot of gold for 12 years.

    Imports 10% and exports 30%. New gas lines to both China and Europe with great profits will soon give new revenues. Cost when pumping oil 7 dollars + a tax of 8 dollars. US shale oil need 50 dollars to be profitable. Trade surplus in food, energy and almost all raw material.

    Economically. Which country has the best position for the future?

  • Jonas Cleveland

    (December 21, 2020 - 4:35 pm)

    Content is too good for this not be edited. Keep the connection entertainment for others.

    Elom Srebi

    (December 21, 2020 - 4:35 pm)

    Damnit! I love this channel! Brilliant guests with some fantastic conversations. I'm just getting into trading and learning about the markets, and this is amazing for solidifying grip on the fundamentals. Thanks so much to Pomp and AMAZING guests like Caitlin!

    brian s

    (December 21, 2020 - 4:35 pm)

    lol why do crypto youtubers always seem have technical difficulties haha

    Minh T

    (December 21, 2020 - 4:35 pm)

    Her chain looks heavy!

    Brian Bennett

    (December 21, 2020 - 4:35 pm)

    What a doll !

    supermash1

    (December 21, 2020 - 4:35 pm)

    I really liked your guest and her take on things but DUDE you need to change your technology – it don't work!

    Carl Schutz

    (December 21, 2020 - 4:35 pm)

    That Puerto Rico internet again!

    Hugh Hunsucker

    (December 21, 2020 - 4:35 pm)

    Edit this damn thing.

    Snurre .Sprett

    (December 21, 2020 - 4:35 pm)

    dream on — theseare your wishes for what will happen — nobody knows what will happen

    Chris M

    (December 21, 2020 - 4:35 pm)

    Let these fucking big businesses die. Iv been working for my family since I was 13 as a mechanic. You think the government gave us a bail out in 08 ? They will bail out the current big companies because it is all in their best interest. Big business has promised every one they will remain at the top as long as every one is flushed out but them every contraction. Meanwhile my family business this time around is very well capitalized to handle a draw down like this because in 08 we actually learned the lesson and played the game. I don’t know why free market capitalism only exist for small business. We have too compete and improve and yet if you’re a big business you’re essentially in for life..

    Kodi G

    (December 21, 2020 - 4:35 pm)

    Purchased BOTH book recommendations on Audible and added Caitlin on twitter , LETS GOOOOOOO

    Entendre Entendre

    (December 21, 2020 - 4:35 pm)

    Caitlin is absolutely correct from a historical perspective. There is one caveat in that, last week, the FED/Treasury relationship was restructured. Unlike any time in history, it is now possible for the president to reverse the debt flow liability from the people back onto the FED.

    ketch33

    (December 21, 2020 - 4:35 pm)

    This was a great interview. Unfortunately with a lot of technical difficulties.

    Jon Andersen

    (December 21, 2020 - 4:35 pm)

    Impressed

    Gamma Omega

    (December 21, 2020 - 4:35 pm)

    Losing power… a sign of the times!
    Good interview!

    Masbaur Tech!

    (December 21, 2020 - 4:35 pm)

    Thank you both for your time! That was preety informative!

    Masbaur Tech!

    (December 21, 2020 - 4:35 pm)

    Bitcoin bull is a Donkey!

    STEPHAN FEIBISH

    (December 21, 2020 - 4:35 pm)

    Is it about propping up corporations, or about baby boomer pensions. Is it about propping up the stock market, at the expense of the dollar. To all those who want to escape to gold and silver. I had silver bullion stored away in a vault. It's expensive. To store & insure, to purchase & sell (there's a high markup). And there's a higher tax on long term capital gains. And if you want to invest in a miner. You'd better know what you're doing. The miners are great wealth destroyers. Often mines never get built. Beware the "anomaly" that looks so promising to a geologist.

    Roy Wessbecher

    (December 21, 2020 - 4:35 pm)

    The house of cards is falling! Where's the glue – fast! 😱 😲 😈
    Yes, the pandemic and the economic crisis were both totally predicted (maybe not together, and not so fast).
    Is fast better/worse than slow, given human nature and complacency?
    Ripping the bandage off is sometimes good – but this is one huge bandage! – and it exposes lots of putrefaction. 🍖 🥩
    Btw. this applies to the Meathead Virus as well as the financial system – both are OUR fault, and cultural (Cultural Meatheadism).
    PS: Great point about 1920! (I didn't know that.) Gonna read those 2 books – They won't shock me. 😎 (I know how the meat industries/virus production works). Recommended – The Jungle, Upton Sinclair.

    Murray Krause

    (December 21, 2020 - 4:35 pm)

    She is one impressive human being

    Jan Morgan Orr

    (December 21, 2020 - 4:35 pm)

    Great Stuff Guys!! Thanks!

    Mara Donna

    (December 21, 2020 - 4:35 pm)

    Buts

    Mara Donna

    (December 21, 2020 - 4:35 pm)

    Haha

    Allan Flynn

    (December 21, 2020 - 4:35 pm)

    A VERY Long episode

    Highway 1

    (December 21, 2020 - 4:35 pm)

    Love listening to Catlins knowlege. First time here, so will check out more interviews. Just want to mention that the interviewer has a "yeah" crutch when he replies back to his guest. Very abruptive thing to say after the guest has laid down such interesting points. If that one habit word was just eliminated, along with the glitches of course, this interview would of been easier on my ears. Great guest!

    RagingFig

    (December 21, 2020 - 4:35 pm)

    Tremendous podcast sir. Thank you for this information.

    Colin Heyes

    (December 21, 2020 - 4:35 pm)

    Awesome lady. Have followed her work for a few years now. She is cutting a track that is going to encourage Bitcoin mass adoption big time.

    T. Lemke

    (December 21, 2020 - 4:35 pm)

    Boy, this stream was a total mess. Not only the disconnects but there was constantly jitter and words missing throughout the stream. Stopped watching it half way through although I was really looking forward to hear Caitlin talk. If you ever do a remote interview again PLEASE make sure to check for two things upfront: A – both sides must have a stable internet connection of at least 50Mbit and B – none of the parties should use WIFI! Thanks.

    James Benhart

    (December 21, 2020 - 4:35 pm)

    Power went out…… Really…. Someone bad is watching…..

    Robert

    (December 21, 2020 - 4:35 pm)

    "power glitch" more like censored

    TRT Today

    (December 21, 2020 - 4:35 pm)

    true that Caitlin , good riddance 1:03:38.. come to wyoming ri lets make it right here too.. keep bucking that pig system…tia

Comments are closed.