Nomi Prins—The Consummate Wall Street Insider Exposing the Real Money Flow - EP08
The Fed appears to have gone full-on MMT, spending like there’s no tomorrow.
But who benefits most from the trillion-dollar government stimulus? What sectors is the administration likely to invest in as we reopen the economy? And how can individual investors leverage these insights to make informed decisions moving forward?
Nomi Prins is a geopolitical financial expert, investigative journalist and consummate Wall Street Insider. Her latest book, Collusion: How Central Bankers Rigged the World, is an expose of the 2008 financial crisis that describes how the influence of central bankers triggered a massive shift in the world order.
On this episode of The Wiggin Sessions, Nomi joins me to explore what the federal government gets right and what it gets wrong when it comes to subsidizing business in a crisis, sharing her take on the advantages of public-private partnerships and the problem she sees with a single, large stimulus relief package.
Nomi discusses what the reopening of the economy will look like and describes what infrastructure is necessary to accommodate our migration out of urban centers.
Listen in for Nomi’s breakdown of the five key areas of investment moving forward and learn how you can take advantage of these trends to be a winner in the post-pandemic economy.
Key TakeawaysWhat behaviors will stay in place as the economy reopens and how the rise of remote work might impact retail investors
Nomi’s insight on the infrastructure necessary to accommodate our new behaviors
How Nomi thinks about the migration out of cities and whether urban centers will come back
Nomi’s take on who the winners and losers will be as the economy reopens
What the federal government gets right and what it gets wrong when it comes to subsidizing business in a crisis
The advantages of public-private partnerships on infrastructure projects
Why the US needs a cohesive infrastructure plan to compete with China (and why it’s unlikely to happen in the current political climate)
Nomi’s response to people who categorically dismiss government investment
The problem Nomi sees with a single, large stimulus relief package vs. separate bills that direct money to specific goals
Nomi’s breakdown of the five key areas of investment in a post-COVID economy—infrastructure, copper, travel/entertainment, 5G and energy.
How individual investors might take advantage of the trends around copper and 5G
Why it’s beneficial for US investors to pay attention to trends in Asia as we make decisions moving forward
Connect with Nomi PrinsCollusion: How Central Bankers Rigged the World by Nomi Prins
Connect with Addison WigginConsilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
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ResourcesThe New Great Depression: Winners and Losers in a Post-Pandemic World by James Rickards
Frankenstein by Mary Shelley
Change Healthcare
The Blacklist
Wynn Las Vegas
Virgin Hyperloop
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