In the previous episode, Carlos and Bob talked with Nelson about his life before IBC. In this episode they focus more on his discovery of how to become your own banker.
In this episode, Bob and Carlos round out the discussion of the GOP’s proposed tax reform. Bob reminds listeners of the material he covered in Parts 1 and 2, and then our dynamic duo discuss the real world implications of major tax reform. Carlos recalls what happened after the 1986 Tax Reform Act, and how it destroyed the real estate market.
In this episode, Bob flies solo in order to show readers how to start thinking about the border tax adjustment plan that the GOP has proposed, as a way to boost the economy and reduce the trade deficit.
Carlos and Bob read the declassified version of the 25-page report issued by the US intelligence community on the alleged intentions and interventions of the Russian government in the US election. As it turns out, there’s not much there. Cynics still have every right to be skeptical of this whole enterprise to convince Americans that “Putin picked our president.”
Carlos and Bob use a Bloomberg chart to discuss the major financial events of 2016, and how investors should interpret movements in the stock and bond markets.
Here’s something you won’t read on CNBC. Bob asks Carlos to explain the book he’s been reading–Augustine’s “City of God” from the 5th century–and how it relates to our current political and economic environment.
