A Shocking Presentation from a Master Speculator
Tom Dyson at Steve Sjuggerud's Daily Wealth - report on a speech given "for 100 of South America's most elite university students." [gsc]
The presenters include the "director general of ecology commission at the United Nations" and the "copresident of intergovernmental panel on climate change." There's even a Nobel Peace Prize winner here. I arrive early and catch a panel discussion between two United Nations bureaucrats on global warming.
Then Doug Casey takes the stage...
First, he tells the students to ignore everything they've heard so far. The speakers are all government stooges with no idea how the real world works. "Their ideas are nonsense," he says.
Heads rise. Some students giggle in embarrassment.
Doug then explains how inflation, not bankers, caused the financial crisis... why democracy is a terrible way to organize society... how global warming is a hoax... and why most modern schools and universities are a complete waste of time if you're looking for an education.
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