Author, James Dale Davidson, joins Jim Paris Live to discuss his book, The Breaking Point- Profit From The Coming Money Cataclysm. Davidson gives an honest and sobering assessment of the present state of the economy in the U.S. Davidson also predicts even worse economic times for Europe. He shares his enthusiasm for Bitcoin, gold, and an exchange traded fund that will profit from the collapse of the Euro.

Davidson has been warning investors about the dangers of a financial collapse for over 20 years. The first time was in his 1987 book, Blood in the Streets: Investment Profits in a World Gone Mad. Then he warned about America’s dire fiscal trends again in his 1994 book, The Great Reckoning: Protecting Yourself in the Coming Depression (which he wrote alongside former editor of The Times of London, Lord William Rees-Mogg). Both books were bestsellers. And now, he has his new book, The Age of Deception.

He’s also spent most of his adult life taking on an overreaching government. In 1974, he founded the National Taxpayers Union, which for 35 years has been protecting your right and that of every American to keep what they’ve earned. NTU is a nonprofit, nonpartisan citizen group whose (350,000) members work every day for lower taxes and smaller government at all levels. Later, he cowrote The Sovereign Individual in 1997 to help people take control of their lives and investments. It was the book that would provide the beginnings of The Sovereign Society.