Phil caught up with Jonathan Brown in this another interview with the Shepheard-Walwyn Podcast. In this part three of the 4-part podcast series, Phil shares more about the 18-year cycle and discusses the Great American BBQ, where the USA was parcelled up and sold off to the highest bidders, where they left off from the previous interview.

Listen in to find out Phil’s thoughts about the following:

1. What did the 12 states do to create the 18-year cycle and ensure there were people to work in the factories?
2. Running out of Frontier
3. Moving into the 20th Century and the First World War
4. Think like a bank, not like a customer
5. Banking = a license to print money
6. The Florida Boom-Bust
7. How do you know you are heading for a crash when a politician says they’ve ended the boom-bust cycle?
8. Recovering from the Second World War
9. What did you notice about the changing post-war cycle?
10. The con artists may change but the cons don’t change that much!
11. The best way to rob a bank is to own one
12. Phil’s biggest learning from all his research
13. This time will be different? It’s not been different so far
14. Wall Street feeding and encouraging an addiction to speculation

Click here for more information about Phil’s The Secret Life of Real Estate and Banking.