He literally says the secret to his wealth is debt, debt, and more debt. And is quite proud of it too.
That said, we are headed imminently for times that will make the great depression look like a cake walk.
Yes it will . I am glad I live by a river with plenty of fish, and a place to grow food . Also harvest wild animals if it comes to that .
Yeah, and his homes that he's landlording as leveraged as he possibly can to get as much cashflow per investment will all drop in value faster than gold ever will in a depression. And he'll be holding the bag.
He'll wish he had adopted maximizing bottom projection of future net worth instead of I need cash cash cash today!!
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