please stop reposting old interviews as new content!, I got to the end and he mentioned the BTC price and realized I've probably already watched this before and wasted near 3 hours
I said it a million times in all your videos. Your guests never address it. The only way to fix the debt crisis is to create a wealth tax that gets asset prices under control. Everything will become more affordable so we won't need to go into debt as individuals or a nation to pay for these things. This won't affect average working people. I'd make a longer rant about it but youtube will find a reason to censorship so I'm not wasting my time.
The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Inflation has not always been around there was a 15 year period of deflation. Yes as prices went down income went up. Once you go to Fiat currencies with no tangible backing then inflation is an intentional factor. Patience, Cash on hand & Short Term Investments are key
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.
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.
@@derrickholfman2 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.
My CFA ’Annette Christine Conte’ , 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.
It’s definitely concerning. The rising levels of national and consumer debt are putting a lot of pressure on the economy. If the debt keeps growing and interest rates stay high, it could lead to a situation where the government and consumers struggle to meet their obligations
it’s also important to remember that these predictions don’t always come to pass. While the debt levels are concerning, the U.S. has faced debt-related challenges before and managed to pull through
I guess that’s true. But it seems like things are different this time, especially with global tensions, inflation, and everything else going on. I’m trying to stay optimistic, but it’s hard to ignore the warnings
It’s a tough balance. you don’t want to panic and make rash decisions based on fear. it’s smart to be prepared in case things do take a turn for the worse.
That's why it's crucial to stay informed and be proactive in managing our finances during these uncertain times. Seeking advice from financial experts can really make a difference
People try to predict the economy not realizing it is central planned, not a capital market. Instead of having much cash sitting in the bank that could lose value to inflation. I've been pondering, should I invest in stocks or just buy gold to safeguard and grow my $350k reserve?
Right, a lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
curiously inputted Jessica Lee Horst on the web, spotted her consulting page and was able to schedule a call session, no sweat. Ive seen commentaries about advisors but not one looks this phenomenal
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
i'm blown away! mind sharing more info please? i am a young adult living in Miami where i've encountered several millionaires, and my goal is to become one as well
The market can remain illogical longer than you can remain solvent. Even people who shorted the banks for the 2008 crisis got margin called out of their trades because it took so long for the house of cards to come crashing down.
The number of videos I've seen on recessions is alarming, and I begin to wonder. What if the recession doesn't happen! This means the majority is wrong
I routinely check the comments to see if it’s a re-upload before watching any of this guy’s videos. If I find out it’s a re-upload, I give it a down vote and close the video.
I definitely understand your thoughts, and I do the same thing. However, I skip videos, too when I see they are over 3 weeks old. We can't all be happy simultaneously.
@@brianpereira7757 just like all these dang SOL meme coins haha but he still has really insightful talks just wish he’d put in the title (reupload) when it’s an older video
Seriously, do you want to actually help people Tom, or just confuse and scare them while growing your channel? Maybe it is completely unintentional, but I would figure he would have enough awareness to consider putting the date.
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.
There are several reasons why people may choose to buy gold, including its historical use as a store of value and means of exchange, its potential as a hedge against inflation or currency devaluation, and its relative scarcity compared to other commodities. Additionally, gold can offer diversification benefits to investment portfolios, as it tends to have a low correlation with other asset classes like stocks and bonds. However, it's important to note that investing in gold carries risks and may not be suitable for evervone. and investors should carefully consider their investment objectives, risk tolerance, and financial situation before making any decisions.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated almost $820K.
I will like to ask, How did you achieve it? I been trying to stick with index funds. I feel this new interest rates hikes could crash this economy. I'm looking out for a better investing strategy, I have a lump sum that inflation is steady eating up.
It was run by Marisa Breton Dollard, who I learned about and got in touch with thanks to a CNBC interview. Since then, it has served as the point of entry and departure for the games we have emphasized. A search on the internet can be done if tracking is necessary.
Excellent share, just inputted Marisa Breton Dollard on the internet, spotted her consulting page ranked top and was able to schedule a call session. I’ve seen commentaries about advisors but not one looks this phenomenal.
*I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.*
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
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. He has helped me raise my reserve from $275k to $850k, despite inflation.
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?.
SUMMARY: Stock & investments up for the longest period in US history. Recessions routinely happen every six years on average. So cut your spending, get debt free, save your cash and get ready to buy into the market when it drops.
Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28k every single week. I truly value Lee Davis , and him helpful guides.
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Lee Davis .
I'm 49. I've been hearing this since I was a kid. We have a recession every decade ir close to it. All these predictors are always right sooner or later.
Thanks for the informative video…..❤ I think BTC and ETH are more likely to retest the resistance to the upside and then to the downside. But as always, things are changing day by day and all we can do is trade responsibly, monitor the markets and reevaluate our strategies often. I want to thank Teddy Alfred for being my source of crypto education as I comfortably made 9.7 BTC...
In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Teddy Alfred’s continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.
I agree that 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…
Nice info, i appreciate your concern this will help a lot especially to the young bitcoin investors who have no or lesser knowledge on how bitcoin market works.
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, but my major concern is this impending recession
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
psst, not too loud! ... those who feel like the winners in this MONOPOLY "game" do not want to be disturbed and think too much about the underlying reason "why" all these debt were necessary in the first place. ... these dream sleepers wanna stick with their noeclassical main stream bs ...
I turned away for about 30 seconds 46 minutes in and I come back and Arthur has grown 3 months worth of hair??? What the fuck I feel like I'm having a stroke
I’ve been living in Japan for 34 years and I did not know that about Japan. The explanation was very accurate that it is a socialist country embracing capitalism. The insights of Arthur Hayes are very valuable.He is a clever, insightful man.
The economy has changed forever from out of control spending and QE. They will just do another round and avert another crisis as soon as inflation comes down enough to justify it. Recession will be a moderate one. The wealth gap will keep increasing and quality of life will continue to go down. We have examples from other countries further down this path than us.
@@whiteorchid60 I really do think something very bad it about to happen and I hate it! I want to put my head in the sand and pretend it's not happening, but if you look at all the signs... It's not good!!!
Hahahaahah yeah negativity print money in the advertisment and views drivent ( attention driven ) economy it is what it is. Choose producing over consuming nonsense
@@TheBlackManMythLegend at what point is a creator complicit in the exaggerating of the consciousness in a fear based society? Sure, all human beings give attention to danger. But exploiting that for personal gain, when the repercussion is that society becomes more stressed and mentally ill....at what point do content creators have a responsibility to not exploit that with the understanding that they're bit by bit making society worse?
I think it is, he mentions BTC chopping around 25-30k at the end so possibly from late 2023, about a year old, I watched the whole thing when I've probably already seen it before, Tom needs to stop posting old interviews as new content
I was wondering the same. At around 1:30:00 Arthur mentions Atlanta Fed nowcast having GDP at 9%. As of today August 10, 2024 it's at 2.9%. The only time we've had such a high number as 9% is after COVID shutdown when economy went from nothing back to running. Arthur is brilliant and wouldn't make that mistake so I'm assuming this is old
@sergedenovo2389 his economic theory contradiction is blatant in the first 4 minutes. Fix yields Print money A fixed yield is worthless if you Print money So 🙋♂️🙋♂️🙋♂️🤔🤔🤔😜😜😜🐒🐒🐒😎😎😎
I've been studying this, on my own, for 20 years. Never heard of this guest, but, will absolutely follow him. He has incredible perspectives on the market!
I suggest Miss Stephanie Aaron Trentham is extremely good on that. She is really good on what she does, Now I can pay so many bills because of her help.
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer..
I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
Most people are retiring this year and has nothing to show for. But I assure you it’s never late to get your financial life together again.. All thanks to Natalie Strayer for I and my family
Wow, another doomsday prophecy! I've got $267k sitting in my emergency fund just itching to start investing, but with all this talk about debt crises and recession, I'm not sure if I should start now or keep stuffing my mattress with cash! 😂 Any thoughts on where I should kick off this adventure?
WARNING: This is OLD content and is a video which has been re-uploaded. Please Tom... you are highly successful and people love what you do but we are trying to make a better world for us all.. not just to feed your channel to new heights... just add in the title that it its not current as some of the news here is going to be old... not helpful!
No it won't. Well be fine. Just do your preps to the best of your ability and live your life the best you can. Stress is far more likely to hurt you than some potential collapse or SHTF scenario.
I just think that people should respect what everyone does for a living because when the CFO buys Greek Yogurt at No Frills, milk is from farmers, it was probably fermented in a factory worked by labourers, transported by truck drivers, and checked out by the cashier. Yet so much people roast each other for their jobs at the dinner table
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.
Tom, why have you never mentioned the elephant in the room regarding crypto, which is that governments are incentivized to block (control) crypto through policies and regulations, so they don’t loose the control and manipulation over the economy that they currently have through monetary policy?
USA money printing is not a problem but unlimited rising debt is. The issue is rich giving very less tax and getting huge benefits . It's a myth that business houses drive the country's economy and this should get the tax benefits. Economy is much bigger and even closing one business doesn't close economy . Someone else will take the place. Businesses and businessmen (especially after some revenue) need to pay higher taxes for absolute higher income .
Might be an unpopular opinion but the good thing that could help us through this like the reference to the 50s and highways could be using ai to take over jobs ,using some of that money to subsidize everyone, some for higher education for people displaced by ai, and some to get out of debt.
We have been in a recession for the past 2 years if you look at the numbers, the government just didn’t want to say the word recession, 2 quarters of negative GDP growth is considered a recession, my question is are we heading for a depression?
I have a friend that works for a major bank and they are laying off entire cyber security teams. I expect other layoffs to happen within the company if security teams were getting laid. Last time I saw anything like this was covid shutdowns
@@mgem1611 😂. Yeah real earnings this time in the overinflated stocks unlike vapor revenue back then or outright fraud like Enron. On the other hand, the fed had also raised rates then too. But to compare then to now is laughable. We definitely get a recession when the fed raises interest rates like they have but the stock market is not nearly as overvalued as it was back then and there is no catalyst for collapse like an unregulated mortgage backed securities market. We’ll get a recession for sure but could be next year.
i keep hearing about how bad it's going to get, but honestly, i think it's just going to keep being mildly s4!tty for another couple of years, then it'll "pick back up" and become mildly less s4!tty. Carlin was right. ALREADY BOUGHT AND SOLD.
This is interesting, good stuff. But I keep thinking beyond this. Tell you a golf metaphor - “let go of control to gain control”. In all this we are trying to control our outcomes but the best shots are made when we plan and then let go. The best answer is what’s on the US dollar, ‘In God we Trust’.
I feel like on UA-cam people purposely talking about troubles to scare away public from investing I’m listening about depression - collapse - recession and … everything is working just fine
Mr. Hayes is missing a very important point. Who on earth can make the USA pay its debit? The answer is no one can do that due to our ability to project power.
Then no one buys our debt(already happening) and no one wants US dollars. Sure we can say you can’t make us pay you back and they can just as easily say you can’t force us to use dollars. Look how many countries are now getting away from the dollar simple because we kicked Russia out of the banking system and seized their dollar assets. We’d be in a much stronger place if everyone knew no matter what their money was safe here and we were neutral on their assets we held.
The social programs are already defunct. I finally understand the confusion. The social programs have already been defrauded and mired in red tape. No one qualifies for the payouts. And when the payouts do come for the people that do, they're woefully inadequate. Here in Canada, there are rebate checks that are about $240CDN every _three months_ when groceries are $250CDN _per week_
You don’t know what your talking about - there is so much needing to be done, that isn’t being done - in the U.S. - repairing our crumbling bridges and roads needs done so badly, that they are literally crumbling and falling into rivers and off sides of mountains, but instead of re-construction, we over-whelmingly choose destructiveness mostly in the form of the destructiveness of competition and war… We don’t need a new form of money, we need for the peoples of the world to embrace each other as members of the one human family we actually are, and put all our energy into making sure every individual gets what they need… we need to forget and forgive the old debts that arose out of competition, and simply work together for the good of all… it’s perfectly doable with a change of mind and heart…
One point I want to make about the Japan is that he's looking at it from the perspective of a foreigner. He's enjoying the advantage of owning a higher value currency as opposed to having to start in the working class in those cheaper countries. It's easier to not notice that you're paying more when it's a third of the cost of the US
When bitcoin becomes a globally accepted safe-haven for currency debasement, Real-estate will become a less attractive safe-haven due to its costs. This means there will be a huge drop in demand for housing.
As a holder of bonds, when interest rates rise, you only lose money if you try to sell your bonds before they reach their maturity date. If you wait until the bond matures you get your initial investment back.
The Japans US Bind Market sold off last week and then the US stock market had a Black Monday type stock market crash (“Carry Trade). It’s already started!!! bTC.
This advice to go into money market funds is going to get people wrecked, you need to use gold as the measuring stick, to out perform inflation means to put perform gold. Telling people to stay in cash or in a money market fund is a massive assumption they won’t print to worthlessness. They will. History is very clear on that.
The brilliance of Arthur Hayes is fascinating. Not only does he have command of the subject matter but his clear communication makes me feel that I can also be a finance guru. God YHWH YSWA MSYCH Jesus Christ of Nazareth continue to bless you brother Hayes.
Heard of that Adam Smith guy? He wrote this book *Wealth of Nations* that nobody reads. He used the word 'education' Eighty Times. The book has been free on the internet since 2001. It's 1000 pages so who is going to read it? But now we can search it for what they don't tell us. He also wrote "read, write and account" multiple times. He didn't say 'arithmetic' though. I always heard "reading, writing and arithmetic" when people blathered about education. Western countries claiming to be capitalists could have made accounting/finance mandatory in the schools since Sputnik. When did Milton Friedman tell us about that? How did that get switched up? Must be a conspiracy!
This re-upload makes sense given the events of the past couple of weeks but an introduction explaining the relevance of the material or even an edit of specific information would be beneficial to the viewer.
AI is the biggest gaslight. NVDA will report big gains in the next few weeks but Big Tech is playing Weekend at Bernie's with investors. Those chips are not finding homes in any productive AI company. ChatGPT is still unable to self-learn.
WARNING: I will never ask for your contact info in the comments section, that is someone impersonating me!
Dude, do you ever read your comments? What is so hard about putting the date or re upload.
please stop reposting old interviews as new content!, I got to the end and he mentioned the BTC price and realized I've probably already watched this before and wasted near 3 hours
consider notifying your viewers about repeated material. we value our time and it isn't as though you need the likes.
But I thought you wanted to smoke cigars and talk life by the pool. Wow, bummer
I said it a million times in all your videos. Your guests never address it.
The only way to fix the debt crisis is to create a wealth tax that gets asset prices under control. Everything will become more affordable so we won't need to go into debt as individuals or a nation to pay for these things. This won't affect average working people. I'd make a longer rant about it but youtube will find a reason to censorship so I'm not wasting my time.
The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Inflation has not always been around there was a 15 year period of deflation. Yes as prices went down income went up. Once you go to Fiat currencies with no tangible backing then inflation is an intentional factor. Patience, Cash on hand & Short Term Investments are key
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.
who guides you. seems like something to enquire
Grace Adams Cook is who i work with and she is a hot topic even among financial elitist in California. Just browse, you’d find her, thank me later.
Just ran an online search on her name and came across her website pretty well educated. thank you for sharing.
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.
@@derrickholfman2 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 do i begin with investing for passive income
My CFA ’Annette Christine Conte’ , 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.
Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.
It’s definitely concerning. The rising levels of national and consumer debt are putting a lot of pressure on the economy. If the debt keeps growing and interest rates stay high, it could lead to a situation where the government and consumers struggle to meet their obligations
it’s also important to remember that these predictions don’t always come to pass. While the debt levels are concerning, the U.S. has faced debt-related challenges before and managed to pull through
There’s always a chance that the government could take steps to mitigate the risk, like implementing new policies or restructuring debt
I guess that’s true. But it seems like things are different this time, especially with global tensions, inflation, and everything else going on. I’m trying to stay optimistic, but it’s hard to ignore the warnings
It’s a tough balance. you don’t want to panic and make rash decisions based on fear. it’s smart to be prepared in case things do take a turn for the worse.
That's why it's crucial to stay informed and be proactive in managing our finances during these uncertain times. Seeking advice from financial experts can really make a difference
People try to predict the economy not realizing it is central planned, not a capital market. Instead of having much cash sitting in the bank that could lose value to inflation. I've been pondering, should I invest in stocks or just buy gold to safeguard and grow my $350k reserve?
gold to me is an inflation hedge for long term, but not quite profitable in the short run. luckily some find solutions in financial advisors
Right, a lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
this is quite huge ! what have you invested in ? much more info needed please ...
Her name is. 'Jessica Lee Horst’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
curiously inputted Jessica Lee Horst on the web, spotted her consulting page and was able to schedule a call session, no sweat. Ive seen commentaries about advisors but not one looks this phenomenal
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
i'm blown away! mind sharing more info please? i am a young adult living in Miami where i've encountered several millionaires, and my goal is to become one as well
Her name is. 'NICOLE ANASTASIA PLUMLEE’. 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
The market can remain illogical longer than you can remain solvent. Even people who shorted the banks for the 2008 crisis got margin called out of their trades because it took so long for the house of cards to come crashing down.
The number of videos I've seen on recessions is alarming, and I begin to wonder. What if the recession doesn't happen! This means the majority is wrong
I doubt that, but it will be actually fun to watch
With all the talk about a recession looming, it’s crucial to understand what it means for our finances.
Recessions can impact jobs, investments, and even everyday expenses. It's not something I'm looking forward to😢
It feels like everything’s so uncertain right now.
This is where a CFA like Bruce Kevin Begley comes in handy. He can offer strategies on how to safeguard your finances during a recession.
Bro please put (Re uploaded) on the old videos
Ya im just going to stop watching this channel at this point, loved the content but hate being rug pulled.
I routinely check the comments to see if it’s a re-upload before watching any of this guy’s videos. If I find out it’s a re-upload, I give it a down vote and close the video.
I definitely understand your thoughts, and I do the same thing. However, I skip videos, too when I see they are over 3 weeks old. We can't all be happy simultaneously.
@@brianpereira7757 just like all these dang SOL meme coins haha but he still has really insightful talks just wish he’d put in the title (reupload) when it’s an older video
Seriously, do you want to actually help people Tom, or just confuse and scare them while growing your channel? Maybe it is completely unintentional, but I would figure he would have enough awareness to consider putting the date.
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.
There are several reasons why people may choose to buy gold, including its historical use as a store of value and means of exchange, its potential as a hedge against inflation or currency devaluation, and its relative scarcity compared to other commodities. Additionally, gold can offer diversification benefits to investment portfolios, as it tends to have a low correlation with other asset classes like stocks and bonds. However, it's important to note that investing in gold carries risks and may not be suitable for evervone. and investors should carefully consider their investment objectives, risk tolerance, and financial situation before making any decisions.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated almost $820K.
I will like to ask, How did you achieve it? I been trying to stick with index funds. I feel this new interest rates hikes could crash this economy. I'm looking out for a better investing strategy, I have a lump sum that inflation is steady eating up.
It was run by Marisa Breton Dollard, who I learned about and got in touch with thanks to a CNBC interview. Since then, it has served as the point of entry and departure for the games we have emphasized. A search on the internet can be done if tracking is necessary.
Excellent share, just inputted Marisa Breton Dollard on the internet, spotted her consulting page ranked top and was able to schedule a call session. I’ve seen commentaries about advisors but not one looks this phenomenal.
*I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.*
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
That's awesome!!! I know nothing about investment and I'm keen on getting started.
What are your strategies?
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. He has helped me raise my reserve from $275k to $850k, despite inflation.
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?.
Haven't you heard about HENRY E ABAGNALE?
SUMMARY: Stock & investments up for the longest period in US history. Recessions routinely happen every six years on average. So cut your spending, get debt free, save your cash and get ready to buy into the market when it drops.
This is all great, but we will move into a world crypto currency and lose tremendous control of our personal wealth and liberty.
You know this how? I don't know how to buy in. My son does and is really making money.
Debt, 😢I'm buried from inflation 😮
Markets don’t always drop in a recession…
some of yall about to find out this isn't a "dip". fools.
Word!!
Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28k every single week. I truly value Lee Davis , and him helpful guides.
Thank you 🙏🏾 Lee Davis ❤🎉
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Lee Davis .
Yeah, 654k from Lee Davis, looking up to acquire a new House, blessings.
Lee Davis is a very legitimate and competent man he always Method works like a magic, I continue to win 🏆 🙌 with him strategies
YES!!! That's exactly him name (Lee Davis) so many people have recommended highly about him and am just starting with him 😊 from Brisbane Australia🇦🇺
I'm 49. I've been hearing this since I was a kid. We have a recession every decade ir close to it. All these predictors are always right sooner or later.
Thanks for the informative video…..❤ I think BTC and ETH are more likely to retest the resistance to the upside and then to the downside. But as always, things are changing day by day and all we can do is trade responsibly, monitor the markets and reevaluate our strategies often. I want to thank Teddy Alfred for being my source of crypto education as I comfortably made 9.7 BTC...
@TeddyAlfred ✊
Add his first and last name along with his verified handles
In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Teddy Alfred’s continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.
I agree that 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…
Nice info, i appreciate your concern this will help a lot especially to the young bitcoin investors who have no or lesser knowledge on how bitcoin market works.
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, but my major concern is this impending recession
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
This is still the same crisis as in 2008. Governments have only postponed it by 15 years with negative interest rates.
Exactly. Obama and Biden admins, plus Fed $8 trillion Covid spending, absolutely destroyed this country
It's literally not
@@ft4903 Please explain...
ahahaha
psst, not too loud!
... those who feel like the winners in this MONOPOLY "game" do not want to be disturbed and think too much about the underlying reason "why" all these debt were necessary in the first place. ... these dream sleepers wanna stick with their noeclassical main stream bs ...
Warren Buffet, Berkshire in heavy cash position at $300billion for a reason.
Such a long episode, home boys hair actually grew out..
I turned away for about 30 seconds 46 minutes in and I come back and Arthur has grown 3 months worth of hair??? What the fuck I feel like I'm having a stroke
Bro I had the same reaction. I had to start the video over just to make sure I was ok.
Same here 😂
Time travel is real folks .
Same shirt, 2 extra weeks worth of hair
Unimantic's growth is definitely something to keep an eye on, might be time to get on board.
Thank you for your research. I find your videos are well done. Right now I'm keeping an eye on Unimantic.
The buzz around Unimantic is hard to ignore, might be time to dive into this investment opportunity.
I’ve been living in Japan for 34 years and I did not know that about Japan. The explanation was very accurate that it is a socialist country embracing capitalism. The insights of Arthur Hayes are very valuable.He is a clever, insightful man.
We and HAVE BEEN in a recession for a while... What is coming is going to be a DEPRESSION!! BAD!
You think? We can't sustain this period now. I'm really worried 😫😫☹️
this video is from last year, although, we were in a depression then, too.
The economy has changed forever from out of control spending and QE. They will just do another round and avert another crisis as soon as inflation comes down enough to justify it. Recession will be a moderate one. The wealth gap will keep increasing and quality of life will continue to go down. We have examples from other countries further down this path than us.
We’ve been in a worse depression than the great depression since 2021
@@whiteorchid60 I really do think something very bad it about to happen and I hate it! I want to put my head in the sand and pretend it's not happening, but if you look at all the signs... It's not good!!!
I am so happy to live in a time where I can watch stuff like this whenever I want :)
3 hours?! I guess I'll have to quit my job to listen.
1.25 or 1.5x playback speed
i work remote i listen to this while i work
The job probably barely pays anyway
Don’t quit, anyway this job soon will be gone, like all other jobs.
you can skip > half of it, tom talking is like bankless you don't care he's mid curve, you're listening for arthur
The robotic sex doll investment...
Guaranteed Win , The question is, who gets there first?
Tom "every video is to make you afraid, but I want to be the modern Disney and lift people up" Bilyeu
Hahahaahah yeah negativity print money in the advertisment and views drivent ( attention driven ) economy it is what it is. Choose producing over consuming nonsense
@@TheBlackManMythLegend at what point is a creator complicit in the exaggerating of the consciousness in a fear based society? Sure, all human beings give attention to danger. But exploiting that for personal gain, when the repercussion is that society becomes more stressed and mentally ill....at what point do content creators have a responsibility to not exploit that with the understanding that they're bit by bit making society worse?
Is this an old episode?
Yep or he loves that blue jumper
Yeah, posted 3 times already. They wear the same clothes in this interview.
Is this an old episode
typical for this channel as of late.
I think this is the 3rd upload of this interview
I think it is, he mentions BTC chopping around 25-30k at the end so possibly from late 2023, about a year old, I watched the whole thing when I've probably already seen it before, Tom needs to stop posting old interviews as new content
@@djdos83 at minimum announce when it's repeated works. it's not as though he needs the likes.
I was wondering the same. At around 1:30:00 Arthur mentions Atlanta Fed nowcast having GDP at 9%. As of today August 10, 2024 it's at 2.9%. The only time we've had such a high number as 9% is after COVID shutdown when economy went from nothing back to running. Arthur is brilliant and wouldn't make that mistake so I'm assuming this is old
This episode is 10 months old
This guy is a hollow fraud grifter.
This guy is a hollow fraud grifter.
@sergedenovo2389 his economic theory contradiction is blatant in the first 4 minutes.
Fix yields
Print money
A fixed yield is worthless if you Print money
So
🙋♂️🙋♂️🙋♂️🤔🤔🤔😜😜😜🐒🐒🐒😎😎😎
This is so fucked up, I’m not watching this shit
Some of us skipped over it the first time around. The first few paragraphs got my attention as I became more concerned about the longevity of bonds.
I've been studying this, on my own, for 20 years. Never heard of this guest, but, will absolutely follow him. He has incredible perspectives on the market!
Homie is the black professor X. The X-Man of economics
Genuine question: Why did this channel shift to more apocalyptic/doomsday content instead of growth mindset/personal development/etc?
Its old but its still RELEVANT.....HAIL KING ARTHUR!!!
How do most of you guys still make profit, even with the downturn of the economy and ever increasing life standards
I suggest Miss Stephanie Aaron Trentham is extremely good on that. She is really good on what she does, Now I can pay so many bills because of her help.
This is correct, Stephanie strategy has normalized winning trades for me also and it's a huge milestone for me looking back to how it all started.
Yes, I agree with you. Her platform is wonderful and her strategies are exceptional.
Please educate me. I've come across this name before. Now I am interested. How can I reach her?
The very first time we tried, we invested $1000 and after a week, we received $4500. That really helped us a lot to pay up our bills.
57:00 knowing my balance and genetics that the probability of me slipping is probably higher than a faulty elevator 😂
Checking the comments to see if repost...
I'm favoured, $27K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America.
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
I'm glad to write her tay I do hope she will help handle my paycheck properly☺️☺️☺️
Can I start with as low as $1,000?
Please who is this Mrs Anna
This sounds so good andI would like to
be a party to this, is there any wayl can
speak with her?
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer..
I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
I'm new at this, please how can I reach her?
Most people are retiring this year and has nothing to show for. But I assure you it’s never late to get your financial life together again.. All thanks to Natalie Strayer for I and my family
Wow, another doomsday prophecy! I've got $267k sitting in my emergency fund just itching to start investing, but with all this talk about debt crises and recession, I'm not sure if I should start now or keep stuffing my mattress with cash! 😂 Any thoughts on where I should kick off this adventure?
Put 10-15% into hard gold.
WARNING: This is OLD content and is a video which has been re-uploaded. Please Tom... you are highly successful and people love what you do but we are trying to make a better world for us all.. not just to feed your channel to new heights... just add in the title that it its not current as some of the news here is going to be old... not helpful!
Anyone spamming here, I curse your business. It’s going to fail. STOP INFLICTING YOUR GRIFT on everyone else. Curses on you.
No it won't. Well be fine. Just do your preps to the best of your ability and live your life the best you can. Stress is far more likely to hurt you than some potential collapse or SHTF scenario.
I just think that people should respect what everyone does for a living because when the CFO buys Greek Yogurt at No Frills, milk is from farmers, it was probably fermented in a factory worked by labourers, transported by truck drivers, and checked out by the cashier. Yet so much people roast each other for their jobs at the dinner table
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.
If everyone will know when the risk on rally is here, won’t the market rally before that?
Re-upload ! Why!?
Tom, why have you never mentioned the elephant in the room regarding crypto, which is that governments are incentivized to block (control) crypto through policies and regulations, so they don’t loose the control and manipulation over the economy that they currently have through monetary policy?
USA money printing is not a problem but unlimited rising debt is. The issue is rich giving very less tax and getting huge benefits . It's a myth that business houses drive the country's economy and this should get the tax benefits. Economy is much bigger and even closing one business doesn't close economy . Someone else will take the place. Businesses and businessmen (especially after some revenue) need to pay higher taxes for absolute higher income .
Was listening and then I see this dudes title: “crypto something”. Not going to waste my time on this.
Might be an unpopular opinion but the good thing that could help us through this like the reference to the 50s and highways could be using ai to take over jobs ,using some of that money to subsidize everyone, some for higher education for people displaced by ai, and some to get out of debt.
The lawn analogy was great.
I like the idea that inflation degrades people's dignity. That is a profound description.
Put the date of the episode there. Thanks
We have been in a recession for the past 2 years if you look at the numbers, the government just didn’t want to say the word recession, 2 quarters of negative GDP growth is considered a recession, my question is are we heading for a depression?
1 word, Commodities. These are valuable assets, and rare earth metals are the future.
I have a friend that works for a major bank and they are laying off entire cyber security teams. I expect other layoffs to happen within the company if security teams were getting laid. Last time I saw anything like this was covid shutdowns
Luv listening Arthur Hayes. Only problem is the constant long winded interruption by Tom Bilyeu.
We're looking at two lost decades.
Like 2000-2008? Good luck with that
@@brenth.8474 it's worse
@@mgem1611 😂. Yeah real earnings this time in the overinflated stocks unlike vapor revenue back then or outright fraud like Enron. On the other hand, the fed had also raised rates then too. But to compare then to now is laughable. We definitely get a recession when the fed raises interest rates like they have but the stock market is not nearly as overvalued as it was back then and there is no catalyst for collapse like an unregulated mortgage backed securities market. We’ll get a recession for sure but could be next year.
Exciting times for Versidium - partnerships with major industry players are unlocking new possibilities. This presale rocks...
Anyone who owns an expensive smartphone (above $250) deserves to be in trouble financially.
Most people are in debt crisis and have been for most of their lives.
Give that man a trophy. Arthur Hayes is the GOAT of macro.
i keep hearing about how bad it's going to get, but honestly,
i think it's just going to keep being mildly s4!tty for another couple of years, then it'll "pick back up" and become mildly less s4!tty.
Carlin was right. ALREADY BOUGHT AND SOLD.
This is interesting, good stuff. But I keep thinking beyond this. Tell you a golf metaphor - “let go of control to gain control”. In all this we are trying to control our outcomes but the best shots are made when we plan and then let go. The best answer is what’s on the US dollar, ‘In God we Trust’.
Arthurs Hair grew in real time during this vid lol
1:57:00 I love how he can be objective. Rare quality to find in people now in days.
I feel like on UA-cam people purposely talking about troubles to scare away public from investing
I’m listening about depression - collapse - recession and … everything is working just fine
When was this conversation recorded?
Tom be asking questions in paragraph form 😆
Mr. Hayes is missing a very important point. Who on earth can make the USA pay its debit? The answer is no one can do that due to our ability to project power.
Then no one buys our debt(already happening) and no one wants US dollars. Sure we can say you can’t make us pay you back and they can just as easily say you can’t force us to use dollars. Look how many countries are now getting away from the dollar simple because we kicked Russia out of the banking system and seized their dollar assets. We’d be in a much stronger place if everyone knew no matter what their money was safe here and we were neutral on their assets we held.
@@MatthewEGolden Matthew I disagree, but I respect your opinion. Happy Friday.
The liquidator legend himself.
Upcoming recession?
Ugh 😮
We’ve already been in a recession plus inflation etc etc
The social programs are already defunct. I finally understand the confusion. The social programs have already been defrauded and mired in red tape. No one qualifies for the payouts. And when the payouts do come for the people that do, they're woefully inadequate. Here in Canada, there are rebate checks that are about $240CDN every _three months_ when groceries are $250CDN _per week_
Great timing for this remix! Arthur Hayes' thoughtful insight is timeless!
Versidium has at least 50-80x potential for 2024. Don´t ignore this project.
You don’t know what your talking about - there is so much needing to be done, that isn’t being done - in the U.S. - repairing our crumbling bridges and roads needs done so badly, that they are literally crumbling and falling into rivers and off sides of mountains, but instead of re-construction, we over-whelmingly choose destructiveness mostly in the form of the destructiveness of competition and war… We don’t need a new form of money, we need for the peoples of the world to embrace each other as members of the one human family we actually are, and put all our energy into making sure every individual gets what they need… we need to forget and forgive the old debts that arose out of competition, and simply work together for the good of all… it’s perfectly doable with a change of mind and heart…
Only farmers making money currently are oil farmers. Crops are a disaster with the input costs
One point I want to make about the Japan is that he's looking at it from the perspective of a foreigner. He's enjoying the advantage of owning a higher value currency as opposed to having to start in the working class in those cheaper countries. It's easier to not notice that you're paying more when it's a third of the cost of the US
7:41 - My thoughts exactly Tom. Thanks for asking this question 👍
The gold segment is mind blowing
When bitcoin becomes a globally accepted safe-haven for currency debasement, Real-estate will become a less attractive safe-haven due to its costs. This means there will be a huge drop in demand for housing.
New or reupload?
As a holder of bonds, when interest rates rise, you only lose money if you try to sell your bonds before they reach their maturity date. If you wait until the bond matures you get your initial investment back.
The Japans US Bind Market sold off last week and then the US stock market had a Black Monday type stock market crash (“Carry Trade). It’s already started!!! bTC.
Hitler did not attack in winter, Arthur is lucky to have been living in white countries with white tech, food, and governments.
Kudos to the team for Versidium's comprehensive ecosystem. Easy 50x soon.
This advice to go into money market funds is going to get people wrecked, you need to use gold as the measuring stick, to out perform inflation means to put perform gold. Telling people to stay in cash or in a money market fund is a massive assumption they won’t print to worthlessness. They will. History is very clear on that.
The brilliance of Arthur Hayes is fascinating. Not only does he have command of the subject matter but his clear communication makes me feel that I can also be a finance guru. God YHWH YSWA MSYCH Jesus Christ of Nazareth continue to bless you brother Hayes.
I’ve been buying gold for the last 10 years preparing for this hopefully it’s get me through it and I can buy assets cheap
If the US falls into economic crisis and China doesn't save you this time, wish you good luck.
This time is different as the S&P goes to +7,000 in 2026, then major recession/slow down -50% beginning in 2026/2027.
When did Tom make the transition from health to finance? LOL
Man, UA-camrs are hittin this topic hard.
The yield curve has been inverting for a while now. Sure sign everything is going south
Heard of that Adam Smith guy?
He wrote this book *Wealth of Nations* that nobody reads. He used the word 'education' Eighty Times. The book has been free on the internet since 2001. It's 1000 pages so who is going to read it? But now we can search it for what they don't tell us.
He also wrote "read, write and account" multiple times. He didn't say 'arithmetic' though. I always heard "reading, writing and arithmetic" when people blathered about education.
Western countries claiming to be capitalists could have made accounting/finance mandatory in the schools since Sputnik. When did Milton Friedman tell us about that?
How did that get switched up? Must be a conspiracy!
If devaluing money is an affront to human dignity... that's what inflation is.
This re-upload makes sense given the events of the past couple of weeks but an introduction explaining the relevance of the material or even an edit of specific information would be beneficial to the viewer.
AI is the biggest gaslight. NVDA will report big gains in the next few weeks but Big Tech is playing Weekend at Bernie's with investors. Those chips are not finding homes in any productive AI company. ChatGPT is still unable to self-learn.
What do you define as “self-learn”?
Versidium’s ecosystem is exactly what the crypto space needs.