TSH - 88 - Two Beers with Charles - Onshoring - Charles Hugh Smith

Published by: DREW SAMPLE on 10-08-2015

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On this episode of The Sample Hour, I am joined by Charles Hugh Smith, Charles is an author, blogger and entrepreneur. He is the chief writer for the site Of Two Minds.. Started in 2005, this site has been listed No. 7 in CNBC's top alternative financial sites.His commentary is featured on a number of sites including: ZeroHedge.com, The American Conservative and PeakProsperity.com.

On this episode of 2 Beers with Charles, Charles Hugh Smith and I begin the podcast by paying tribute to our beers of choice. Charles is enjoying a bottle of Lost Cost Brewery's Indica IPA.

While I enjoy one of my favorite Columbus Beers Four String Brewery's Brass Knuckle Pale Ale.

Charles and I continue our conversation and discuss the soon to burst housing echo-bubble, the massive outflow of money out of the Chinese economy, why China is selling US treasury bonds, the reason for the Chinese buying US property and homes.

We then discuss the concept of Onshoring and how within the next 10 years people will begin to open micro-manufacturing plants due to the availability of 3D-printing and Fusion 360, software that makes it easy for people to due their own manufacturing with 3D printers.

Charles then asks me if the millennial generation with have the desire to become entrepreneurs and take ownership of their communities and why I became an entrepreneur. I go on to talk about the importance of just getting started, find a way to monetize your hobbies, and have your projects pay for themselves. Charles talks about crowdsourcing to raise capital, angel investing, frugality.

Check out Charles' website. and buy his books.