"My Biggest Fear Is A Reverse Market Crash" - Prepare For This Now Before 2025 | Patrick Bet David
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- Опубліковано 25 лис 2024
- Welcome to Impact Theory! Please enjoy this clip of Patrick Bet-David as he explains how to prepare for an economic downturn. To watch the full episode, click this link: • "An Economic Hurricane...
Patrick Bet-David breaks down how the economic crash in 2008 and COVID directly affect interest rates, inflation, and our economy as we now know it.
Key Points Include:
Market Analysis:
Current vs. 2008 Crisis: Comparing today’s economic conditions with the 2008 market crash and the housing crisis.
COVID-19 Impact: Examining the long-term effects of the COVID pandemic on the global economy.
Household Debt:
Unreasonable Levels: Discussing the alarming increase in household debt and potential repercussions.
Connect with me, Tom Bilyeu:
Website: tombilyeu.com
Instagram: / tombilyeu
X/Twitter: x.com/tombilyeu
Connect with Patrick Bet-David:
UA-cam: / patrickbetdavid
Instagram: / patrickbetdavid
17:04 reverse market crash. You're welcome.
Thank you!!
mah hero
Thank you!
TY
So... Inflation by printing money?... not new
I started stacking to SAVE wealth. I've always been the type of person to spend my entire paycheck. I hate having money just sit in the bank. I am under pressure to grow my reserve of $750k. before I turn 60, I would appreciate any advice on potential investments.
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Talking about a financial market specialist, do you consider anyone worthy of recommendations? I have about 100k to test the waters now that large cap stocks are at a discount... Thanks
My CFA Judith Lynn Staufer a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income, thus I am looking at the stock market to fuel my retirement goal of $3m, my only concern is the recent market crash.
Every collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass wealth amid economy crisis, and even pull it off easily in favorable conditions. That should be the least of your concern. Also explore the option of working with a CFA to reduce greatly your chances of loss. `
You're right, I and a few Neighbors in Bel Air Area work with an Inveestment Adviser who prefers we DCA across other prospective sectors instead of a lump sum purchase. As a result, my portf0lio has recorded significant improvement even during the most unfavorable market season. `
Have heard a lot about this Cost-averaging by some of the big shorts in NY. Seeing again, I'm spurred to give that pattern a try but I need more clarity on how it works. Who's helped you with it, wanna try out
KATHLEEN CHERYL CONSTANTZ is who I work with. Have worked with her for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Thanks for sharing this. This is equally of great importance to me. Sent a message on her webpage, hopeful to get a feed back.Her credentials are superb.
Biggest lesson i learnt in 2024 in the stock market is that nobody knows what is going to happen next, so practice some humility and low a strategy with a long term edge.
Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Could you kindly elaborate on the advisor's background and qualifications?
My CFA *Julianne Iwersen Niemann* a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website… thank you for sharing.
Profiting is possible as every crash or recession offers market opportunities if you're prepared and knowledgeable. I've seen people amass up to 800k during crises and even thrive in a bad economy. I want to learn how to make such profits.
There are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
You're right, I and a few Neighbors in Bel Air Area work with an Inveestment Adviser who prefers we DCA across other prospective sectors instead of a lump sum purchase. As a result, my portf0lio has recorded significant improvement even during the most unfavorable market season. `
Could you kindly elaborate on the advisor's background and qualifications?
My CFA Sharon Ann Meny, a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation from $275k to $850k.
Well it seems like a lot of your interest is riding on your source, I could really get well accustomed to your viewpoint, get me involved.
Amy Desiree Irish is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Thanks for sharing this. This is equally of great importance to me. Sent a message on her webpage, hopeful to get a feed back.Her credentials are superb.
For the viewers who are wondering: Clip of an old interview from September 15th 2023
Thank you, I was confused
Thank you
I was wondering, thank you
Thanks for clarifying. I was also wondering i have heard this before also... Cheers man..❤
I figured that much.
Coming out of facing alot, I knew two things about the stock market: It caused the Great Depression, and the fastest way to make a million on the markets was to start with two million. And then the Great Recession happened only a few years later. So yeah, I wish someone had better explained it to me earlier in life. Having a good entry and exit strategy will make you succeed in the stock market.
There are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $122k to $984k.
Impressive can you share more info?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Becky Lou Gordon” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
oh! i never take this advises online seriously, but i checked Becky up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response
Stability is a result of our economy's struggles with uncertainty, housing issues, foreclosures, global volatility, and the pandemic's consequences. To restore stability and promote growth, all sectors must respond quickly to concerns about growing inflation, slow growth, and trade disruptions.
Consider hiring financial advisors, estate planners or tax experts. They can provide specialized knowledge and help you navigate complex financial decisions.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Could you kindly elaborate on the advisor's background and qualifications?
Rebecca Nassar Dunne maintains an online presence that can be easily found through a simple search of her name on the internet.
I just checked her out on google and I have sent her an email. I hope she gets back to me soon.
Would love to see you address future occurring risks and how you handle these situations yourself. As for me, I can't figure buying into moat heavy, cash flow grantors, buy on dips, and add as they drop, and enjoy the bull markets when they happen.
I need the market to go down some anyway. The small pullback at the beginning of the month wasn't enough. Many are overpriced now and buffet sold his. I was looking for a rough setback as I am eager to capitalize on the market.
Nibbling on heavy red days has proven to be fruitful for me, these days I’m extremely attentive we are entering an unusual market (distort) economy. That doesn't mean that you can't unravel opportunities in every sectors, you can but you should be considering rewarding options to 10x in excess like adding Gold. It would be a vast awareness to align under a top performer for easy earning picks. I did the same and it works.
@@AddilynTuffin Well it seems like a lot of your interest is riding on your source, I could really get well accustomed to your viewpoint, get me involved.
Oh very well then, all props to Victoria Louisa Saylor, her name, and resourceful stock wits structures my holdings. I can easily handle a worst-case 80% stock crash. Quality merits.
Wow!! her track record looks really good from what I found online.i just filled the form and scheduled for a call. Thanks to you.
I'm looking to the financial markets to help me reach my $5 million retirement objective because of the constantly shifting economic realities in our society. The only thing that worries me is the current market crash.
Every collapse has a corresponding market opportunity. I have witnessed people accumulate wealth during economic downturns and even do it with ease in favourable circumstances provided they are well-informed and prepared beforehand. You shouldn't be too worried about that. To significantly lower your chances of losing money, consider working with a CFA as well.
Every collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass wealth amid economy crisis, and even pull it off easily in favorable conditions. That should be the least of your concern. Also explore the option of working with a CFA to reduce greatly your chances of loss.
After going through a lot, I knew two things about the stock market: it was the reason behind the Great Depression, and starting with two million dollars was the quickest way to make a million dollars. Then, a few years later, the Great Recession struck. So, yes, I wish I had been given a clearer explanation at a younger age. Your success in the stock market will depend on your entry and exit strategies.
You're correct; an Inveestment adviser that I work with, along with a couple of my neighbours in Holmby Hills, prefers that we DCA across various potential industries rather than making a one-time buy. Consequently, even in the most unfavourable market season, my portf0lio has shown notable improvement.
Have heard a lot about this Cost-averaging by some of the big shorts in NY. Seeing again, I'm spurred to give that pattern a try but I need more clarity on how it works. Who's helped you with it, wanna try out
With financial and political mechanisms being established by key BRICS members, already circumventing Western institutions one is scared of what to do with his finances. The value of the dollar might fall in the nearest future and I am clueless about how the stocck market works. I really don't know what to do.
Just like the guest on the show said, ''Nothing has been this great since the creation of the S&P index which made it easy for people to invest in all of the 500 company all at once'' This is going to be a great year so all i will tell you to do is keep your foot on the door so you can buy at the right time. Also if you have very little time, then get you an FA.
Yeah you are 1000 percent correct. The success you make in the market is majorly dependent on who guides you and in some cases who you copy your trades from. I have in the past 6 months been able to double my incomes from a 5 figure to 6 and it can only get better from there.
Glad to have stumbled on this conversation. Please can you leave the info of your investment advis0r here? I’m in dire need for one.
Eleanor Bonnici Deskin is a notable figure, known for her influential work and boasting a substantial following. Locating information about her should be straightforward; simply conduct a search for her name.
I appreciate the valuable advice received. I have researched the individual's profile, composed a detailed email outlining my financial market objectives, and arranged a forthcoming consultation.
I’m a god of devaluation, I buy it and it goes down! Why I can't make earnings is beyond me. It can be annoying how volatile the market is. How can I ride this fresh wave of all-time highs without getting burned again with $450k set aside to get fully invested in the last quarter of this year?
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Thanks for sharing this. This is equally of great importance to me. Sent a message on her webpage, hopeful to get a feed back.Her credentials are superb.
And yet another AI generated conversation thread meant to fool you with fake anecdotes and stories to promote a particular CFA to you to manage your money. Don't pick your advisers from youtube rando comments....
“If there’s anybody that should be against printing money, it’s low income and middle class people!” 👏 yep
"printing money" lol. Everyone says this and has no idea what this means
Yes inflation affects them most..
I am from India. Printing money is a great business for the US. You know who suffers? it's the 3rd world net exporting countries that suffer the most. Why? On an average, it costs 0.17 cents to print a 100 dollar bill. The US imports 100 dollars worth of goods and services for 17 cents. China, Japan, India etc have billions of American dollar reserves. In order to maintain dollar parity India had to build 700 billion dollar reserves, under normal circumstances this money would be in circulation. Today India faces US exported inflation and US exported liquidity issues.
China is buying gold instead of increasing American dollar reserves.
Bottom line, irresponsible printing is hurting several countries and not limited to low and middle income Americans
I was low income in 2008 and am still low income. If it wasn't for the NINJA loans back in '08, I wouldn't have a house today. My mortgage payment was and still is $500 a month and my rent was $800 a month. Actually i'm pretty confused as to what the people did who supposedly couldn't afford their mortgages in '08, did they end up renting and somehow qualifying for higher rent payments than their mortgage was, weird.
@@venkag do you think that "money printing" is literally printing paper dollars? lol this isnt 1905. Also, you are conflating the group of people who print money with US importers
Everyone is screaming market crash and it's getting me worried. How can I protect my investment portf0lio of around 800K. I don't want to get burnt out
You should better diversify your portf0lio to defensive assets. If you don’t have good experience you should consult with a pro
A lot of folks downplay the role of advisrs until being burned by their own emotions. Early last year after my lengthy divorce I needed a good boost to help my business stay afloat, hence I researched for licensed advisrs and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Please how can I reach her, I need someone to help me manage my portf0lio
*VICTORIA LOUISA SAYLOR* is the licensed advisr I use. Just search the name. You’d find necessary details to work with to set up an appointment.
I've shuffled through a few advisrs in the past, but settled with *Victoria Louisa Saylor* her service is exemplary and she's a genius in portf0lio diversification. I'd suggest you research her further on your browser, sure you'll find her basic info.
I'm holding a cash position right now, i'm ready to take advantage of the market and invest around 500k in the crash. Whats the best stocks to dive into?
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Marissa Lynn Babula is a notable figure, known for her influential work and boasting a substantial following. Locating information about her should be straightforward; simply conduct a search for her name.
I’ve just looked up her full name on my browser and found her webpage, very much appreciate this
@@MichelleRheaWhitteTreasuries
To be kinda blunt, I am giving up on investing in stocks... I put between 2000 to 3000 a month and it's nothing but down down.... Sooooo frustrating and I only invest in boring big companies. How can I capitalize in such a market?
Great Buying opportunities today. Embracing pullbacks and correction is key. This is where the money is made!
People dismiss the importance of advisors until they are burned by their own emotions. I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for qualified consultants and came across someone with the highest qualifications. She has helped me raise my reserve from $275k to $850k, despite inflation.
Could you kindly elaborate on the advisor's background and qualifications?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’SHARON ANN MENY” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thank you for the recommendation. I'll send her an email, and I hope I'm able to reach her.
When the government tells you not to worry, its time to become terrified.
When Patrick Bet David tells you something, know that its complete bullshit.... this guy still thinks Blackrock is buying up homes when its Blackstone. He knows nothing except how to steal people's money from a pyramid scheme insurance firm he ran and got money from.
when low IQ youtubers tell you to worry, they're probably just trying to sell you something
Wait for it…..here it comes:
1Thes 5:3 “Whenever it is that they are saying, “Peace and security!” then sudden destruction is to be instantly on them, just like birth pains on a pregnant woman, and they will by no means escape”
Yep, same way if important people are saying this stock is a good buy, run for life and sell what you have.
Once it falls buy again. Do what the rich do.
I am terrified, homeless. Winter is coming there is no housing for seniors. HUD put in all the felons. They are running the buildings.
I have a 2.7% rate on a 15 year mortgage. I’m never leaving.
I always say to buy a car and a home you may drive or live in forever, because you may have to.
dont worry. they ll raise your property tax to compensate
@@adalmallc1988 already did.
Might as well make it yours and get comfy bro, we're gonna die in our "starter homes".
@@adalmallc1988 facts
Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
Svetlana Sarkisian Chowdhury by name. Please do your own research to see if he is suitable with your goals
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
STOP RE-UPLOADING OLD CONTENT!!!!!
No Shit Eh ???
Pay attention...this is worth re-posting every day
It's confusing, they should label the date it was filmed.
I agree to putting the date regardless of relevancy. It leads to a perception of manipulating the narrative.
Just don’t watch it. It’s that simple. Why are you having a mental meltdown over it?
This was from the podcast with PBD 10 months ago. I would guess the reason Tom reposted this is because PBD gives a 10 month span on when the recession would start. He proposes that the Fed expected the interest rate hike to lead to economic contraction in August 2024 and rate would start getting lowered. The interesting point is that the Fed most likely WILL start easing this month so he was close.
Don't be mad about reposts you nerds. The info is still valuable.
Nice catch
Facts. PBD predicted this perfectly
I think he re uploaded because the fed is lowering rates soon, and Patrick alluded that them lowering the rates could trigger the reverse market collapse, so I see it as a like preemptive post.
@@Roboman1174 Yep, i said the fed was lower interest rates in my comment. That's what easing means.
Tired of the "recession is coming!" threat. Recessive periods come along with equivalent market opportunities if you are well informed and equipped, I've seen folks amass wealth in the midst of economic turmoil and even pull it off easily in favorable conditions. Invariably, the collapse is getting somebody somewhere rich
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.
Her name is. 'Lucinda Margaret Crist’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Tired of the "recession is coming!" threat. Recessive periods come along with equivalent market opportunities if you are well informed and equipped, I've seen folks amass wealth in the midst of economic turmoil and even pull it off easily in favorable conditions. Invariably, the collapse is getting somebody somewhere rich
There are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
A lot of folks downplay the role of advisors until being burned by their own emotions. Early last year after my lengthy divorce I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
My CFA “Diana Casteel Lynch” a renowned figure in her line of work. I recommend researching her credentials further.
Found her webpage, I wrote her an email and scheduled a call. Hopefully she responds. Thank you.
*Excellent analysis, I have never seen an analysis as well structured as yours. Look, I have been investing in Bitcoin ETFs and other dividend income since 2020, I have a total of 734 thousand dollars, with my 83 thousand I am very grateful for all the knowledge and information you have given me.*
6 months, $17k invested and almost there too!!
Next year, I'll reach $185k.
I'm 37 and have been looking for ways to be successful, please how???
Crypto is risky as many would say but I think the actual risk in Crypto is not investing, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex. A widely known crypto consultant
I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimonies on CNBC news last week...
I started working with Alex back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
I'm a beginner please how can i reach out Alex
Do it. Blcktken300 already in my bags. I had a Blcktken300 after ( your should I buy ) and I agreed and bought. I'm looking to stack more, too.
bot
Let's discuss the Blcktken300 guys. This is failproof and barely any asset can be labelled failproof at all.
scam
there's a book called whispers of manifestation on borlest , and it talks about how using some secret tehniques you can attract almost everything in life it's not some bullshit law of attraction, it's the real deal
sure...
@@fredmercury1314 i checked it out, even the blurb is written by a LLM. Internet is going to be polluted with so much crap.
SO WHAT who gives a fuck
@@TaishiNishio so you think it's different this time, that's always a mistake.
The Secret...
SO glad you released this video in particular Blcktken300. I was accumulating AR and then saw your video last year saying that you see Blcktken300 may hit 300-400 and then you changed your view. Great and very informative!!! Thanks
Blcktken300 is a scam
Now we just need to see the Blcktken300 price also move in the same direction as these charts. Up. Very Up.
bot
PBD is spot on, I have studied Economics for decades. What he is saying needs to be taught to every high school student.
We're due for a 95 percent stock market crash. The U.S. stock market is the world's biggest ponzi far worse than the Chinese housing ponzi before it crashed.
What do you think of investing in bit coin? Is it a wise decision or is it a virtual scam?
@@littlehomeforest5972 Even at this late stage I am not qualified to answer. I would say to watch closely how the governments react with time. If people dump national currencies to escape inflation and businesses universally accept bitcoin for transactions then laws will be passed to inhibit bitcoin use.
The Western world governments are in a debt trap. The only way out is money printing. The day they stop printing money is the day they default and make their currency worthless. So bitcoin will not be allowed to become a major tool of business until the debt forces countries into hyperinflation and defaults.
Then bitcoin and gold will excel. But think about when taking on debt makes sense. Investments should bring progress and productivity, if it does then inflation goes down.
The trick is how it’s balanced and is it real. If it’s all financial transactions and money printing you get the false economy we have now. Real progress like computers, internet, space, etc..
Watch M2 over time and the percentage of social benefit payments vs total tax revenue.
It becomes a discernment not a judgement. Warren Buffet is good because of his intuition not his intelligence.
5 years ago the experts were ranting to buy T-bills at 2% because they were the only safe thing left. Last year those same bonds lost 40% of value because the Fed raised interest rates on T-bills by 100%.
The experts never looked forward to a day when rates would go up, they figure 0 % forever.
Whatttt? We need to put people into employment and stress them out to get them to sell their houses??? Why!!
Im betting Blcktken300 will perform well, it havent had a cycle yet and they have a strong community on both, and Blcktken300 update will make rollup fees even lower. Just my 2 cents. Great video goodvibes
Blcktken300 is a scam
It’s unfortunate that people in the comments don’t see how this video is extremely relevant today due to the fact that the FED rate cut is tomorrow.
Right
2023 or 2024, it makes no difference. The problem is hanging around like a bad smell and getting worse. The question is when is the boil going to explode.
Watching it after I made a bag in the futures market today
Recession is near then
@@neils8443 Within the IMF-dollar System, Central Banks are lowering rates - to paper things over until 11/5 !
God I’m so blessed to be debt free! Thanks for the words of wisdom!! We need this stuff.
My pops owned his house in Riverside for 26 years, the bank still defaulted on him rather than work with him in 2008 when his textile company went under. Anytime the government gets involved to “Help”, it goes left, period.
@@TheSoljaTv don't vote left then. Just saying
The bailouts went to wall street and the banks. The same with Covod19 relief they gave us crumbs and big bussinesss made out great.
@@kosmiccandie the fascists got their gold nuggets and the left blamed the right.
@@kosmiccandie the fascists got their gold nuggets and the left blamed the right.
@@kosmiccandieCurative, Pfizer etc
Exactly what happened to us. We had seven homes that we were refurbishing and all of a sudden couldn’t sell a single one!
Yep, the idiots got caught, lol.
Yeah, serves them right lol
Illegals are renting them with taxpayers money!
Why banks are allowed to charge such outrageous "loan shark" rates on credit card debt, is the big question. Unconscionable.
What are you? A communist? You want the government to control things instead of the market?
What side are you on as Blcktken300 divides the wealthy from the poor?
bot
@@repealthepatriotact Soo many bots in this comment section, it is scary :(
I don't always agree with PBD on non economic issues, but the man is damn sharp on the economy!
People that remember and share what they remember about the economy are so valuable to us. Not people stuck in scholarly research... people who just plain remember the patterns and share them.
I paid cash for my townhouse in 2014. I'm glad I did that.
i was telling people just after 2008 crash that this what your talking of now was coming back then , diving deep down rabbit holes has served me well personally ,knowing what being planned in advance is beneficial especially financially , the real problem i learned was people like remaining deaf /ignorant thats the human aspect i learned from the rabbit hole , i spoke with whats called an elite ( a good one) and he gave advice back then to me that said if you do only one thing going forward it was to get out of debt asap which i did just recently , now i sit on the sidelines waiting for that 50 to 80% real estate crash with cash to buy up on the cheap while everyone else thinks property is just going to keep going up , what goes up always comes down
The saying of "what goes up, always comes down" applies to gravity only. Odds are prices of real estate continue to trend up over time. But you do you..
Many doomers have been calling for a crash for over a decade in certain markets... only to be priced out forever in that market. All the best!
Good talk! I'm no rich dude, but at least i'm finally paying my last debt off, will be debt free at the beginning of 2025. Lets see how my sleep quality goes up 😌
Exactly right. Pay the debt of and you are independent of these non-contributors to society. Video was super interesting and precisely stated information but only applicable to the top 22% of citizens. Not relevant at all to the 78%, who are only impacted by the outcomes of this focus on the upper middle class and above. For example stating unemployment as 3.88%, while accurate for the purposes of calculating the impact and outcomes of these Machiavellian skirmishes, has nothing to do with the applicable results to the vast majority. Ignoring these backroom/day trader/self-interested activities, the majority can simply contribute to society instead, conservatively secure their assets via the retention of assets independent of these manipulative systems. Unemployment is ~22.4 % when looked at from a non-financial impact.
Wasn't Alex Becker a private investor for Project Blcktken300 . It's been killing it lately. Do you think it's still got room to move.
bot
Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.
Let's face it... buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k I want to transfer into an s&p but its hard to bite the bullet and do it.
When talking finance and reposting while not telling us the date at the beginning that is VERY detrimental to my opinion of you.
I think it was reposted because of the 11 months clause. It's almost been 11 months.
@TomBilyeu Please add the original publish date of these clips.
💯💯💯💯
This is at least one year old! I got conned into thinking it's 13 hrs ago!
I was thinking the same.
It's an old one I watched it a year ago at least
Amen - the date of filming is not inconsequential for your viewers.
Your advice, Nate, has been life-changing. As a nursing assistant waiting to get certified, I support myself and my grandma but struggle to save due to bills and rent. Your insights have helped me see a brighter future. Since I met Dale Valskov, my debt issues have been resolved, and I'm confident that I'll be a homeowner by my birthday in June. Thank you for your help.
Old content- but he’s just telling you to prepare- the time frame they spoke about in this clip is coming up. He’s warning you that shits about to go crazy these next months. Mentally and spiritually prepare yourself
I don't think everyone caught that.
Super interesting and precisely stated information but only applicable to the top 22% of citizens. Not relevant at all to the 78%, who are only impacted by the outcomes of this focus on the upper middle class and above. For example stating unemployment as 3.88%, while accurate for the purposes of calculating the impact and outcomes of these Machiavellian skirmishes, has nothing to do with the applicable results to the vast majority. Ignoring these backroom/day trader/self-interested activities, the majority can simply contribute to society instead and reap stable rewards, conservatively secure their assets via the retention of assets independent of these manipulative systems.
I hope the going crazy part doesn't include violence
I'm working full time because i can. Investing long term because I plan on retiring early. So far, this is playing out well and profitable for me
Profitable... what are your top picks?
STOCKS x CYPTO
Impressive, navigating the market hasnt been so easy for me, especially making good turnovers
My fire journey is going great, thanks to DPKFinancial.
His speculations on Stocks, ETFs, and Crypto, have brought high yields over the year for me.
Winning is possible! Seek assistance if you keep getting bad turnovers
The efficiency of this *Dale Valskov* is next level. To juggle walk throughs of various angles on the topic delivered to-camera, differnet content per topic from various folks underneath the umbrella of the track list of the larger big band concert itself is engaging and refined. To make a dense taccess like this so digestible is really something. Awesome work !!
Love my 3% mortgage. Right now I couldn't afford to buy my exact same house in a different location due to home value increase, insurance increase, higher interest rates.
What if drops to a lesser value than what you paid? House market isn't going up. Prices are going down.
Who is going to buy it?
@@wyldmanwgrable Not planning to sell.
@@c.m.2747 if you bought pre 2021 with a 3% rate, its probably really affordable even during rough times.
I'll just say this. Shipping is a strong indicator to follow. It's like the 'pulse' of the economy, since just about everything grown, mined, manufactured or or otherwise created has to move from it's origin to a market.
We've had one LTL company suddenly fold in the last 18 months. And shipping volume is creeping down.
Asset prices skyrocket, Can also leads to:
Hyperinflation
Unprecedented demand
Severe shortages
Economic instability
You're correct. I think the smartest way to go is to spread out your investments. By putting your money into different asset classes like bonds, real estate, and stocks from other countries, you can lower the risk if one part of the market goes bad.
It’s quite simple, the game has changed from “make more money than the person next to me” to “lose less money than the person next to me”
Good times vs bad times
Good Times Bad Times ua-cam.com/video/TA9Rec1qAFQ/v-deo.html
More bad times then good times from here on out-!!!😭. " New World🌎 Disorder " democratic😈 ideology syndrome conspiracy theory. . Been to the grocery store lately-???🤔
I never thought of it like that.... I also know that something is wrong here in the UK too... when it is all of this..."cash back".... Basically "use as much of your cards as you could".... And "do not spend more".... Saving for an retirement is not even possible now. Not really.... This is too tough.
You are so consistent with your videos! I very much appreciate your genuine content. It’s a testament to the character you represent. Aldona Šabanienė at being a great teacher and human being! I know that I have learned so much from you in the last few months. You helped me ask & answer a very important question..."What are your crypto convictions?" This question alone really has provided a healthy foundation to build off of. I've been in crypto for almost 4 years...and I have found so much value in your content. Thank You...
@AldonaSabaniene.
@AldonaSabaniene.
Aldona Sababiene program is widely available online..
lt's surprising to see Aldona Šabanienė mentioned here. l didn't know they had helped so many people, not just me and my friends. l'm expecting even more now.
I started working with Aldona back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
Excellent program- Reality!
I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Brooke Miller for helping me achieve this
Their
...services are very genius and experienced in the market for over a decade and counting, they changed my life from a poor plumber to a better and middle class family man with 2kids.
Woah for real? I'm so excited. Brooke Miller strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
I'm new at this, please how can I reach her?
She's always active on Whats~App...
He laid it down PERFECTLY.
I'm short every stock he owns.
With a good investment plan that ensures steady income without any doubts I am prepared for a well organized retirement. I started investing in stocks 3 years ago and so far, I am making a good yield on my dividend.
Herman Jonas, a licensed FA has undoubtedly helped me make so much progress. He has guided me to identify key stocks, pinpointed strategic entry points, and provided risk assessments, ensuring that my decisions align with market dynamics for optimal returns.
To me, investing is not worth it and I know that's the same mindset holding me back from taking a step forward in my finances. It’s all gambling.
I’ll be clocking 47 soon and I want to put my finances in order and make better investment decisions. How can I get through to him?
Hermanw jonas that’s his gmail okay
@@Alternatezoid
Thank you for this lead. I mailed him. Did my due diligence on him before we scheduled a chat. Also, brilliant resume I must say! I intend on getting started right away.
It was not a problem that money was cheap, it was a problem that the government spent to much money for to many years.
That's the money we know about.
The latter is 100% true. But its also 100% true that money was too cheap.
The result of too low taxes for too many years. . And no presidential candidate is willing to serve the brutal truth to the US voters. Instead US kids are stuck with a gigantic generational theft
You should ask yourself who this money ends up going to. Government spends too much money on what? The gravy train is a giant circle jerk between the government and private sector. Stop drinking the Kool-Aid.
@@volts_n_bolts the government spends too much money on everything. even if it is something the govt should be spending money on they overpay and overpay badly.
Aaah, the absolute priceless joy and relief when you don’t carry any debt nor stupid funny money products
Absolutely correct. Super interesting and precisely stated information but only applicable to the top 22% of citizens. Not relevant at all to the 78%, who are only impacted by the outcomes of this focus on the upper middle class and above. For example stating unemployment as 3.88%, while accurate for the purposes of calculating the impact and outcomes of these Machiavellian skirmishes, has nothing to do with the applicable results to the vast majority. Ignoring these backroom/day trader/self-interested activities, the majority can simply contribute to society instead, conservatively secure their assets via the retention of assets independent of these manipulative systems.
Until they nationalize everyone else's debt.
@@mikestevenson576 hence the importance of being as self sufficient and reliant as possible
The whole talk about "reverse" market crash (real estate and stock market) basically argues that we are nowhere near done with inflation and that we might actually experience "hyperinflation" in the near future combined with accelerating poverty levels across the nation or going thru a historical economic depression...those are the extreme conditions that have produced the reverse market crashes in most examples I've seen. I personally don't see anything that extreme coming, but who knows.
I recommend investing in shares to balance out your real estate assets. Even the toughest recessions can give wonderful purchasing opportunities if you are prudent. Furthermore, volatility can create wonderful short-term buy and sell opportunities. Although this is not financial advice, you should buy right now because money isn't king right now!
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Strategists have been aiding folks in recording gains over 250k just in a matter of months, so I think there are alot of wealth transfer in this downtime if you have someone who knows where to look like i do.
Have heard a lot about this Cost-averaging by some of the big shorts in NY. Seeing again, I'm spurred to give that pattern a try but I need more clarity on how it works. Who's helped you with it, wanna try out
My CFA ’Marisa Michelle Litwinsky’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
I've come across a lot of recommendations but this one stands out. Marisa Michelle Litwinsky" resume is pretty sophisticated, and shows she was active during the last bear market, I also emailed her. Thanks for the info!
Just swapped all of my last ETH and swapped it into Blcktken300 . Already up a little bit. Unfortunately I have some other junk staked which won’t free up for a while. Still now I am on the train!
My son is a loan officer and his pay went from 250K in 2019 to 25K in 2022/23.
Gasp!
@@franko8572 Yowsers! That has got to hurt!
hopefully he's smart enough to put hay in the barn when he's getting a bumper crop :)
A lot of people eat all their corn and then some before the harvest!
OMG.... this also explains... our.. situation on pay too here in the UK. And the so called "Gig economy" people... Which is pointless ! And stupid !....
BLESSED BE the name of Jesus ...
I’ve been following your channel for a while, and it’s amazing to see how much your content has evolved. The production quality and clarity of your message just keep getting better!
His idea on asking Vegas cab and Uber drivers is a game changer. Everywhere I go in the world, I do this and learn so much. These guys don't realise how big an asset they are to future projections. I went to Dubai recently and was concerned that this was the first year that I had seen so much traffic going into the centre which was a definite reason not to buy property or at least not get a hotel far from the centre. However, the taxi driver also told me that they can build a bridge in days to weeks in comparison to the UK where that would take years. He wakes up in the morning and a new road is built! Guess what, automatically, Dubai is not off the list!
Same in SE Asia, they work day and night on roadworks in the toughest conditions, and get entire highways / bridges built in weeks. In our countries it can drag on for years.
Jim Rogers I was a famous investor, and he went literally all over the world. When he would end up in some random sketchy nation, the first thing he would do is go talk to prostitutes, because they always knew what was going on. They always knew if dignitaries and people were in town, and I think you know why. They had the real scoop on who is in town and why. He didn't want to talk to some self-serving Jackalope who thought he knew everything. He wanted to talk to the people who are right there on the ground who have no agenda.
A lot of Dubai's reasons for quick builds is down to abusing workers from other countries? Like yeah, amazing you built quick but at great cost to others. Who's to say in a few decades it will last? Dubai (and others in the area) are doing this out of pure panic for their economic future.
In Russia, we say - "if you don't know what's going on in the country, ask the taxi driver."
Transfer of wealth usually occur during inflation and market crash at times like this. So for me,this is time for aggressive investment. The more stocks drop, the more I buy. I'm just focused on making better investments and earning more as recession fear increases.
I agree, I've been getting ready, I own my home and land. My investments are in apartments which get more renters in bad economy and I have cash ready. I plan to make 10 years income in the next 2 years. Time to thrive.
Its amazing how many sites say in so many days, in that year or next year but always in the future. It sounds believable but always with plausible deniability. This is the magic of social media and the internet. I have been impressed with many inputs by PBD offering educational content providing perspective context and awareness of reality based situations. Its a balance i suppose.
So this video was made over a year ago because he’s predicting a recession this month September 2024.
Aired March 15, 2024
He actually predicted the recession to hit last month, which ended up just being a correction and barely that at just 10%. The other thing Pat mentions is that was one option and the other being he is wrong because we never had interest rates fly up so fast in a short period. He ended up being wrong for August but now who knows, maybe the anomaly is just delayed by a couple months due to the new issue with rising rates never happening so fast like they did.
In a recession already take a look around you, But know you have to keep chasing the money trail 😮
@@douglassmith9445 The guy's a grifter.
they couldn't be more wrong
I gotta be honest, I would not have a house had the 2008 crash not happened.
Good on you, at least you were prepared and lucky. As long as you know the odds on bets on crashes are against you 99.99% of the time
Truly love your candidness, I DCAed today again for BTC Blcktken300 and ETH
Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
If you lack knowledge about market investing tactics, get advice from a financial counselor.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Could you possibly recommend a CFA you've consulted with?
Her name is. SUNITA CHACHY JOSEPH . Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
Yeah this is super annoying when reload old videos as if it new .
Put the date on the videos
It is because his predictions are for now, so let's see how accurate they are.
November 2007, that was the tipping point, for sure.
Everything seems to be coming…. Like there’s some existential moment that will occur all at once
Yeah, other guy pointed out: Population collapse at the same time as Baby Boomers mass retiring at the same time that ChatGPT and LLMs will take 90% of the jobs, at a time when The Superwave collapses.... It's all so much! Throw in the systemic extinction risk of Artificial Super Intelligence circa 2026-2027 and you get a really scary picture! My p(DOOM) is at 87%.
millions of migrants ?
chicken little syndrome?
@@gittin_funky I think it’s more “catchy video title for clicks” syndrome
@@Savvynomad225 that is true
Very Good overview of events and analysis. Fantastic
WHEN ALL ELSE FAILS THEY TAKE YOU TO WAR....Gerald Celente of Trend Research...the No. 1 trend forecaster in the world
That guy has been a guest speaker on the Alex Jones show forever.
@@garettanderson6772 yes...and he's been right majority of the time
@@mikeking7582 So has Alex.
By the way I am agreeing with you. I just pointed Alex out because of all the non believers of him.
@@garettanderson6772 yes.....sheeple get slaughtered unfortunately
This is from the interview about a year ago, I think...
Yeah is it old? I’m halfway in it and it does seem old
They'll be right... eventually! Could take decades... But at least they can say they called it!
Fear mongering for views
Thanks for this info. Is everything a con job now?
@NoLMAOnade dummy the sahm rule just got activated.
That's a solid list! I'm also big on Blcktken300 , avalanche, algo, and matic too.
All of those have been going to shit.
bot
This clip is Gold
and costing Tom 48000 usd as well
I have to respect the people who immediately saw working at home as an opportunity to hustle.
Yes, criminal activity was at the forefront of their mind.
word.. the second I free upped that 3-4hrs of commute time. I grabbed another gig.
@@ASDasdSDsadASD-nc7lf why was it criminal ? if they did their job in less time and used the extra for hustling - what is wrong with that
I recommend diversifying your investments by considering stocks alongside real estate. During a recession, there are potential buying opportunities in the stock market if approached cautiously. Additionally, market volatility can offer short-term buying and selling opportunities. However, please note that this is not financial advice. It's important to be proactive in investing as cash may not be the most advantageous option during these times.
You’re right! The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k
Dude your recycling vids now...smh.
its recession dude, gotta stack up before it hits...
seems relevant since the Feds just dropped interests rates by a huge amount.
Dislike for recycling old content.
Matt
😢
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts with experience since the 08' crash
It is difficult to make exact projections for the housing market as it is still unclear how quickly or to what degree the Federal Reserve will reduce inflation and borrowing costs without having a substantial negative impact on demand from consumers for anything from houses to cars.
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone wants to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
Inflation seems inevitable. Our national debt is out of control, we can’t just stimulus our way out.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
How can i get started when it comes to investing and passive income?
Just research the name Jessica Lee Horst . You’d find necessary details to work with a correspondence to set up an appointment.
Who says it's cheaper to rent than buy? I bought my current home because the mortgage is about 1/2 the rent on a 1 BR apartment.
Gold is telling you shit is hitting the fan....................
Word salad concerning reverse market crash.
Thanks, amazing explanation!
Dude called the crash starting in August of 2024 a year in advance. Could be right....market is showing crazy weakness.
A broke clock is right twice a day.
@@triggeredwelder you ever been right this far in advance on record?
@@Eloign No, because I don't pontificate to the masses for money. I work for a living building things people need and use.
@@triggeredwelder Ok so if you can't do what he did then don't hate.
@@Eloign All talk. No bite. Let me see positions.
Great point of view. Some of the points you made align with my thoughts as well 😊
18 year old: Here's 200,000 for an undergraduate and grad degree :D
You should have it in deception when the original video was aired
I always feel like I learn something when I view the show!
Bro called working 2 jobs fraud. Lmao
That's where I stopped listening. I guess he thinks by talking fast everyone will swallow his bs and not notice the taste.
It depends on the terms and conditions of the contracts of those 2 jobs. Generally you run into the risk of double selling the same thing, typically specific hours of your time. If you have 2 jobs that contract wise is based around you giving them your hours in 9-5 on workdays, then selling those same hours to 2 companies could be concieved as fraud (you will need to check with a lawyer with speciality in an appropriate field to be close to sure on this). On the other hand if your jobs do not overlap timewise, then there really should not be a problem for most contracts, as you are basically selling 2 different pieces of time, albeit from the same source (you) to different costumers (employers).
If your contract is based around fullfilling responsibilities, such as salaried positions, or any above the first is not based directly on selling time, then it really depends on whether you can fullfill those responsibilities that you need to in your contract. If you can fullfill al those requirements they do not really have much ground to stand on in terms of fraud, because you are fillfilling the letter of the agreement and they are getting what they pay you for, assuming you can keep up your performance in such a situation. They might feel like you are being fraudulent though, simply because employers too often have overreaching expectations compared to what your contract technically qualify them for. This is basically the same kind of case where they get disappointed with employees who do not do free overtime and otherwise go above and beyond for them, as they have kind of gotten used to pressuring people into doing that for them. That also means that your relationship with your employer might suffer based on your failure to reach their overentitlement, should they find out, even though you might be within your legal rights to do such things.
Right? Meanwhile, he literally got rich being a fraud and running a MLM for insurance.
Sounded like he was talking about a person billing two companies for the same hours worked, not working two individual jobs. If you work from home it would be possible to have two different companies think you are putting in the same 8 hour day for each. I don't think he was taking about working 16 hours a day from home for two different companies.
He's referring to people working 2 full time jobs at the same time or even subletting one FT job to a family member behind the scenes while they focus on another one - without EITHER employer knowing.
Old video. The crash he predicted for this August never happened. Video didn't age well.
But listen to the end… His worst fear is coming true… We are lowering rates now… America will become just like Venezuela.
@@TheMAMAB123if you believe that, why aren’t you fleeing? 🤡
Yeah, he shouldn't repost an old talk when the speaker is counting the months from when it was recorded for a future prediction, revealing the video is a year old.
It can still happen in a few weeks.