Naresh joins Jason to discuss the devastation Hurricane Harvey caused in Houston and give the 'all clear' for his family who lives in the area. Then the discussion turns to how Trump's economic plan involves devaluing the US dollar to increase trade abroad, how automation doesn't replace jobs but creates them and the value of big data.
Key Takeaways:
[02:20] Naresh has family in the Houston area but they were not affected by Hurricane Harvey.
[11:17] The government will be offering low-interest loans for those without flood insurance.
[13:56] Always adjust for inflation.
[17:34] Jason and Naresh review a Business Insider article about Trump and the struggling dollar.
[28:50] Automation has, so far, only taken one job away from humans.
[35:58] John Naisbitt's concept of High Tech High Touch.
[40:54] Jason reflects on the importance and value of data.
Mentioned in This Episode:
Jason Hartman
Tesla Scam
High Tech High Touch by John Naisbitt
Become a member of the Short-term Rental Council
Meet the Master's of Income Property Event
Venture Alliance Mastermind
Creating Wealth Real Estate Investing with Jason Hartman