747: Francis Hunt: How The Financial System Is In The Process Of A Controlled Demolition

My guest in this episode is Francis Hunt. Francis did his MBA
through Bond University Australia and is also known for his Macro
Economic views with special reference to the Western Nations
sovereign debt situations and the fallout this could cause with
reference to Inflation and possible future social upheaval and
unrest. The associated Income distribution disparities being
amplified have strong potential social consequences.


He says he is ‘Suffering from attention to Deficits Syndrome’ as
an explanation for his concerns on the Western Worlds sovereign
debt position. He has specific opinions on how best for families
and individuals to protect their wealth from the fallout I
anticipate. ‘You set the nature of society according to the
behaviour you incentivise’.  This is one of his maxims and
Francis believes short term incentives and powerful insider
groups, lobbyists and big corporates have contributed to an
imbalanced global community, that represent the few at the
expense of the masses.


He has spoken about his dream of a far more equitable Economic
and Political structure, to replace and overturn the Insider,
lobbyist, ‘big corporate’ and political elite whose interests
have been sacrosanct.


From this it is clear he sees and considers the Taxpayer funded
Bailouts in an exceptionally poor light and the moral hazard and
priorities implied therein make me deeply uncomfortable. He is
futurist in terms of his thinking style, believing different
scenario outcomes can be mentally modelled and prepared for, by
setting the time aside for this activity.


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