The Tom Woods Show Ep. 2726 Doug Casey: Is the US Empire Rising or Falling?
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Jan 15, 2026 Investor and bestselling author Doug Casey shares insights on geopolitics and personal finance. He critiques U.S. foreign policy, particularly the dangers of invading Iran and the flawed approach to Venezuela. Discussing the rise of Javier Milei in Argentina, Doug highlights youth support for change amidst economic struggles. He also emphasizes the importance of practical skills over traditional education in his book, 'The Preparation.' Casey advocates for planning and adaptability in uncertain times, urging listeners to consider international options.
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Casey's Southern Cone Base
- Doug Casey says he lives half the year in Uruguay and part in Buenos Aires, with a Virginia place in summer.
- He uses southern hemisphere residency as part of his personal hedge and lifestyle.
Trump As Unpredictable Imperial Figure
- Doug Casey says Trump's actions (e.g., kidnapping Maduro) set dangerous imperial precedents and likely won't fix underlying problems.
- He warns Trump's unpredictability and megalomania increase global chaos risk.
Venezuela Oil Is Hard To Monetize
- Venezuela's huge oil reserves are mostly heavy, sour crude that is costly to extract and refine.
- Casey argues that Venezuelan oil isn't the easy prize Trump portrays and may be unprofitable below high prices.
