PBD Podcast Will China Retaliate For Nancy Pelosi Visiting Taiwan | PBD Podcast | Ep. 175
Aug 2, 2022
The hosts dive into Nancy Pelosi's controversial visit to Taiwan, exploring its geopolitical implications. They weigh in on the escalating tensions between the U.S., Russia, and China, questioning if China could take over the U.S. Meanwhile, discussions shift to the rising monkeypox outbreak as a public health concern. The group also examines the economic landscape, debating whether we're in a recession, and reflects on Will Smith's Oscar incident, connecting it to personal anecdotes about family dynamics.
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Baseball Card Market Decline
- Patrick Bet-David recounts how the baseball card market has declined by 20-50%.
- A Mickey Mantle card, estimated at $9-15 million, would have fetched more a year ago.
Home Equity Advice
- If you have record-breaking equity, consider refinancing and cashing out.
- Secure a home equity line of credit and wait on the sidelines.
Accelerating Housing Decline
- Tom Ellsworth notes a decline in home sales is accelerating, going from 3% to 5.4%.
- He advises against buying now due to higher mortgage rates and artificially inflated prices.
