Creating Wealth Real Estate Investing With Jason Hartman

In this is episode, Jason interviews analyst, author, screenwriter and former Waffle House employee, James Adams. James’ book, Waffle Street: The Confessions & Rehabilitation of a Financier gives us an inside look of what it was like to be working on Wall Street during the housing market crash. His story of leaving the modern version of organized crime and getting a job at the most recognized greasy spoon in the southeastern US has been made into a movie starring Danny Glover. He describes the central banking system with regards to loans and debt, reminds us of the problems associated with creating money out of thin air and warns Japan may be the first big domino to fall when the next crisis occurs.   James Adams Guest Interview: [1:40] From Wall Street to Waffle House was the original title of Waffle Street and based on James Adams life. [5:17] The movie exaggerates certain situations but the crisis was bigger than anyone ever imagined. [6:40] A combination of reckless underwriting and the improbability