Doug Casey's Take

Are We Living in 1984?

August 21, 2026·45 min
Episode Description from the Publisher

Find us at www.crisisinvesting.com Doug and Matt answer viewer questions on which dystopian story best fits the West today, focusing on expanding surveillance tech and a drift toward "1984," plus a nod to a second dystopia involving "Soma." They discuss the U.S. pressuring the Netherlands via the MATCH Act to curb ASML chip-tool sales to China, arguing there's no legitimate state role and warning it could damage ASML and supply chains. On reserve currency, Doug says paper currency is a government substitute for money and predicts a return to gold. They debate China's "communist" label, claiming the party intervenes less than often assumed and noting high Chinese savings versus low U.S. savings. They cover the Japanese carry trade, U.S. debt, depression risk, preparation advice for a 31-year-old leaving the military and a 44-year-old permaculture worker, draft speculation, Cyprus investing timing, AI/AGI risks, retirement income strategies, and priorities for small monthly investing, ending with an Einstein interest-rate joke and a teaser for an upcoming Bill Buppert interview. 00:00 Viewer Questions Return 01:11 Surveillance State Fears 03:58 Chip War and ASML 06:53 Reserve Currency and Gold 09:08 Is China Really Communist 11:50 Japan Carry Trade Risks 14:17 Starting Prep at 31 17:14 Generalist or Specialist 19:02 Draft Anxiety and Independence 22:29 Cyprus Investing Outlook 24:15 AI Agents Gone Rogue 25:21 Is AI Becoming Life 27:14 Investing Around AI Risk 28:39 Boats Planes And Expat Taxes 30:29 Critical Metals Watchlist 31:56 Retirement Income Portfolio 33:35 Small Budget Priorities 35:54 Robot Liability Questions 38:32 Antifragile Society Debate 42:06 Wrap Up And Interest Rates Joke 44:14 Next Guest Announcement

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