A Great Depression Worse Than 2008 - Survive The Upcoming Financial Crisis | Balaji Srinivasa

[@TomBilyeu]

WARNING: I will never ask for your contact info in the comments section, that is someone impersonating me!

[@bradhaaf4749]

Hate these type of messages, like really you think your audience is that stupid

[@Aaron565]

This was a frustrating one. Get a real bitcoin og or at least someone who can explain the history of the financial system. The federal reserve system is easily provable fraud.

[@lenderzconstable]

Can I ask for yours?

[@suny1265]

4H amd 30 Min of Awesome 👍. The Great reset maybe will be what he was talking about the assets confiscation to make up for the det problems.

[@seanconnolly6272]

Thanks for the great episode Tom. Really appreciate you digging into this content.

[@AntonioBianh]

I still blame the FEDs for this, because in the end they benefit by either buying off the failed banks cheaper or something. The fed can print credit as long as someone will borrow it into existence, but they cannot print product (or production).

[@JenniferDrawbridge]

@HarryCage-bg9mr You're right ! Now that the market is in decline, I know what I want to do, but I'm not sure which stocks to buy, which investments would yield the best profits, etc. The potential gain is greater due to the risk, and professionals are better at negotiating such exact contracts. Right

[@MarkFreeman-xi3rk]

@@JenniferDrawbridge Indeed, I started investing in 2018 with no prior knowledge or expertise, and by the end of 2019 I had earned a profit of approximately $750k. I had simply been following the guidance provided to me by my financial adviser. This shows that you don't even need to be a great investor or put in a lot of effort; all you actually need is a professional to help you.

[@cythiahan8455]

@@MarkFreeman-xi3rk Mind if I ask you recommend this particular professional you use their service? i have quite a lot of marketing problems

[@MarkFreeman-xi3rk]

My advisor is Margaret Johnson Arndt , 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.

[@sophiadouglaswagner]

@@MarkFreeman-xi3rk Found her, I wrote her an email and scheduled a call, hopefully she responds, I plan to start the year on a woodnote financially..

[@MetaPhysStore0770]

24:20 tom's hypothesis, "collapse begins with debt" 27:50 why now? 53:50 in a single sentence 55:30 "the fed lied and banks died" 1:02:58 "standing on this rickety thing" "we all have the timing wrong" 1:03:30 "Wile E. Coyote moment" 1:05:50 why i make a face "theres a wall infront of you, you might want to turn the car" 1:09:05 "cant we print our way out" 1:09:25 the cantillon effect, inflation is taxation... the camophlage predator 1:13:30 [after 2008] printing went disproportionately to the coasts 1:16:30 assymetric information arbatrage 1:20:30 what happened to the arab spring? ...US exports its inflation 1:22:50 where DID all the printed money go? 1:23:30 "if you see it coming... get out first" ...gold, foreign fiat, bitcoin ...bitcoin not easily centrally seizable 1:25:20 is debt to gdp a nothing burger? economic apocalypes is pretty common ...economic apocalypse uncommon for americans ... economic apocalypse is uncommon in US media 1:28:28 most of the 20th c. Conflict was not race but on class... re: socialists, communists... are done with that... not abandoning capitalism now... generates power 1:30:05 by contrast... "Shirtleaves to shirt sleaves in three generstions" ... resource curse... spend without consequence.. 1:35:05 china steel output... china playing to win... US outsourced manufacturing. ...china less evil... china not 'as murderous' as under mao 1:45:50 the 'big war argument' that it will bring US back together... politics would get polarized 1:47:00 rogue wave analogy 1:48:40 [graph] social media polarization...dems/ repubs dont marry ... ideology becomes biology in one generation... now issues more tribal than ideological... [99% of] americans value the dollar not the flag... 1:53:30 coming currency crisis... printing leads to inflation... options, crypto, gold, foriegn currency... options excellerates probs... person can die with no successor, but system dies it must be replaced with something else 1:54:30 china went verticle in march '23... was epochal!!! ... china flexed new muscle= diplomacy... i.e. saudi- iran peace deal... i.e. halt saudi-yemen war...i.e. mid east unified navy w/ china input... mid east countries trading in yuan w/china... brazil deligation to china... SE asia countries de-dollarizing & taking yuan from china... zelinsky call w/ china [blinkin= china partner for peace?] 1:57:10 how serious is de- dollarization?... easier for countries getting hard goods paying china with china currency renminbi... what is the most trusted currency? 2:00:00 de-dollarization is decentralization... foreign treasury holdings collapsing, holdings in gold ballooning...pre-headline people know things behind the scenes and post-heading person , only move after its reported...behind the scene movers and shakers are already moving before the headlines catch up...large segment india citizens hold gold...international trends are checking acct in yuan, savings acct in gold 2:07:15 forsees bitcoin to million...modern monetary theory = $Trillion dollar coin idea...debt ceiling work-a-round... bad optics 2:12:00 different base assumptions (not to be confused with collision of values)...on one hand= print money is robbing people in mechanistic way with inflation... 2:13:50 from other p.o.v= ....several filters [framing]...mistake vs conflict...meme= 50 i.q., 100 i.q., 150 i.q. ...finanical system is smart pulling a '3 card monty' on everybody... 2:16:00 are the global people running things evil?... good is... smart is... evil is... stupid is.... 2:17:40 tom's idealistic bias= "wanta believe people are good"... in grand timline only recently.. ."cambrian explosion of betterment for the world"... "ray [dalio] points out deleveraging is brutal, on perticular generations, on long arc of hisory its amazing"... moving up, making progress...~however~ ... "makes more sense w/ neitche's 'will to power' " 2:21:45 trillion dollar coin vs premium bonds... bonds "sound" more confusing, eyes glaze over...economic camophlage function developes... designed to be confusing and complex 2:26:00 not selling bananas, as in gains for trade...wallstreet is zero sum... wallstreet convo=" how r u screwing me"... banks weaponizing contracts w/fine print 2:28:20 tom, "your brain is terrifying!!!" 😆 "its like hash tags i can look up" "telling a story, like a clothes line with items hanging along it"😍 2:29:45 [article] "bernanke explains QE2 is not $ printing" 2:30:45 volitility seems reduced... covid compared to 1929...bernanke= the great moderation ... 2:32:30 Balaji cite= "give me fiat currency, and only rob me a little bit" trade off is stability... hormesis 2:38:29 balaji thesis= whst does the future look like? ...historic turning point= can digital assets be seized 2:55:00 two hypotheses

[@erez7020]

Are you a millionaire ?

[@MetaPhysStore0770]

@@erez7020 i spend money as fast as i can before it looses value🤣🤣🤣

[@johnnywlittle]

🙏🏼❤️

[@andyirons7162]

damn

[@Optable]

The hero gotham needed

[@andrew.alonzo]

In spite of how everyone is frightened and calling the crash, there is already an excessive amount of demand waiting to absorb it, which is another reason it's less likely to happen that way. This forecast was not made in 2008, at least not by the general public, as I will explain below. The ownership rate peaked in 2004, according to the other comment. We reached a peak in the second quarter of 2020 and are currently at the median level. From 2008 to 2012, it fell by 3%, and in the second quarter of 2020, it dropped from 68 to 65.

[@Kim.beneteau]

Because they are used to bull markets, most people find it difficult to handle a decline, but if you know where to search and how to get around, you can make a sizable profit. It depends on how you plan to enter and leave.

[@hunter-bourke21]

In the face of unprecedented market uncertainty, the prolonged bullish trend in the US stock market has evoked both anxiety and excitement. Recognizing the need for a robust strategy, I enlisted a portfolio advisor and successfully earned over $780k in the past 10 months by identifying lucrative opportunities.

[@rebecca_burns14]

@@hunter-bourke21 Please who is this coach that guides you? I’m in dire need of one

[@hunter-bourke21]

CAMILLE ALICIA GARCIA maintains an online presence. just make a simple search for her name online

[@veronica.baker1]

Camille. Has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.

[@fairyhousehallfarmtotable4831]

“When the whole world is running off a cliff, he who is running in the opposite direction appears to have lost his mind.” -C.S. Lewis Great discussion gentlemen.

[@gmclark2007]

Wisest post on this thread.

[@jenny-DD]

You must feel alone. There is help out there for you sweety

[@n-km6780]

​@@jenny-DD Because he quoted what someone said 100 years ago 🤔

[@Oakcitymedia]

@@n-km6780 she’ll be the one running in the same direction as everyone until they are headed in the wrong direction she’s in the “the follower” category… the same ones to jump on a trend because everyone else is doing it

[@neonggoddess]

Similar saying but I also enjoy “only dead fish go with the current”.

[@joesphcu8975]

In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.

[@alexyoung3126]

The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.

[@divestedhappyblackwoman3465]

​@@jessicamoore3093Get LOST SCAMMER!!

[@Raymondjohn2]

Every day we encounter novel challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.

[@bob.weaver72]

Despite hearing that insider trading secrets could lead to making millions in the financial market, I hesitated to invest as I lack the required skills and a sound strategy to surpass the market and achieve profitable returns. Additionally, although I possess $160,000, I find it challenging to take the plunge due to a shortage of funds.

[@martingiavarini]

It is advisable to steer clear of cons that appear improbable. Seeking guidance from a fiduciary advisor can be helpful as they are highly skilled in their field and can provide tailored advice based on an individual's risk appetite. While there may be unscrupulous individuals, there are also remarkable ones with a positive track record.

[@hermanramos7092]

@@martingiavarini How can I reach this adv-iser of yours? because I'm seeking for a more effective invest-ment approach on my savings

[@martingiavarini]

@@hermanramos7092 My consultant is Catherine Morrison Evans I found her on a CNBC interview where she was featured and reached out to her afterwards. she has since provided entry and exit points on the securities I focus on. I basically follow her trade pattern and haven’t regretted doing so

[@hermanramos7092]

@@martingiavarini Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

[@CraigMorby]

I must admit that I adore these special emergency programs. The Balagi interview is the best I've ever seen. Even more significant than his clear deep mastery of contemporary economic and monetary processes is his ability to explain the status of the world today from a first-principles standpoint. With the current global economic crisis, it'll smart to create streams of passive income. any recommendation?

[@brettondave5286]

Balaji is an extremely fascinating person. He has a plethora of knowledge and seems to never stop talking.

[@CraigMorby]

@@JenkisRivera Thanks for this tip. I just googled him and his website popped up on the first page, his résumé is quite impressive compared to others I've employed previously. I dropped a message & hopefully he replies soon.

[@whaleinvesting3612]

That's some sneaky spam layups there.

[@FutureSight666]

@@JenkisRivera Sup bots, what yall scamming on today?

[@Robertgriffinne]

Heard someone say the best season for a fin.ancial breakthrough is now, especially with inflation running at a four-decade high. I have approximately $750k stagnant in my port_folio that needs growth. What is the best way to take advantage of this downturn?

[@SilvesterMiles-y4j]

That’s right! Downturns provide plenty of opportunities for regular people to build wealth from the scratch. However, you may need to get some professional advice from an Investment planner if you need an aggressive return.

[@BenjaminMcLeod815]

That’s why I make it a point to speak with a financial advisor before choosing any investments. I’ve been using one since the pandemic, using profits oriented tactics and minimizing risks as a buffer against inevitable downtrends. In addition they have access to insider knowledge and analysis, making failure virtually impossible for them. I’ve made about $3million working with Deborah Jean Dykstra my advisor for over three years now

[@VeronicaOlivers]

Please can you leave the info of your invstment adviser here? I overheard someone talking about how a couple made $200k during this red season. I need such luck lol

[@Robertgriffinne]

This recommendation literally came at the right time, I dipped by $11k in stocks last week alone. Its crazy! I just looked up Deborah online and researched her accreditation. She seem very proficient & I wrote her detailing my Fin-market goals . Information they say, is power. Thanks for this.

[@VitaliiSych]

I can't believe it! None of my financial plans are working, and all my stocks are tanking. I'm so furious right now!

[@Andrian-ch3on]

I totally understand your frustration. The stock market can be incredibly unpredictable, and it's disheartening when things don't go as planned. But you know, it's important to remember that investing is a long-term game.

[@VitaliiSych]

Long-term game? It feels like I'm losing every day!

[@Andrian-ch3on]

I get it, it's tough. But historically, the financial market has shown resilience and has a tendency to bounce back over time. The key is to stay patient and not make impulsive decisions based on short-term fluctuations.

[@RickMckee-nq4ni]

You know, it might be a good idea to consider engaging a financial advisor. They can help you reassess your investment strategy and align it with your long-term goals. No one will believe if I say I'm a millionaire, and that's how I've made so much money in the last 3 years.

[@VitaliiSych]

That does sound promising. I guess it's time to consider getting some professional guidance. This rollercoaster ride on the stock market is driving me crazy.

[@RickMckee-nq4ni]

.With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfoIio

[@AndrianWiener]

It’s precisely at times like these that lnvestors need to be on guard against the next certainty. You don’t have to act on every forecast, hence i will suggest you get yourself a financial-advsor.

[@VitaliiSych]

@@AndrianWiener I agree, having a brokerage advsor for inveesting is genius! Not long ago amidst the pandemic crash in March 2020, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $550k with the help of my advisor from an initial $120k investment thus far.

[@LarsBergstrom-uh2eu]

@@VitaliiSych .that's impressive! I could really use the expertise of this advsors , my portfoIio has been down bad....who’s the person guiding you.

[@IrenaDolinsek]

@@VitaliiSych Thank you for this tip. it was easy to find Jennifer. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé

[@AstaKristjan]

@@VitaliiSych good read

[@bernadofelix]

At this moment, it is crucial for individuals to prioritize investing in alternative streams of income that are not reliant on the government, particularly with the existing worldwide economic crisis. Investing in stocks, gold, silver, and digital currencies can still be profitable during this period. Therefore, it is advisable to explore these investment options to secure one's financial future.

[@hersdera]

When it comes to investing in stocks, one of the biggest mistakes investors can make is throw in the towel right when we hit a bear market bottom and the indexes find support and start to surge. I've been in touch with a coach for awhile now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I netted over $220K during this dip, that made it clear there's more to the market that we average joes don't know.

[@hersdera]

My Financial adviser is ‘’Margaret Johnson Arndt’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. 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

[@Rochelletrem]

In light of the impending recession and the fact that inflation is still far higher than the Fed's 2% target, several of the most prominent market analysts have been expressing their views on how terrible they believe the next downturn will be and how far stocks may have to fall. I need advice on what investments to make because I'm attempting to create a portfolio for my children that will at least be $850k in value.

[@berkrix4312]

There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.

[@theresahv]

I've been talking to a coach or a long now, mostly because I lack the knowledge and energy to deal with these ongoing market circumstances. I made more than $220K during this slump, demonstrating that there are more aspects of the market than the average individual is aware of. Having an investing counselor is now the best line of action, especially for those who are close to retiring.

[@EllenAbrex]

@@theresahv we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides you help?

[@EllenAbrex]

@@theresahv Thanks for sharing this. I did my own little research, and your advisor looks advanced and experienced. I wrote her and dialed her twice but she didn't pick up so I scheduled a phone call.

[@as3r274]

​@@theresahvnope Ashley Houston is better, sh😂

[@Dantecrypto2]

The best investment one can do right now is investing on Forex trading though stocks are good but ever since I swapped to Forex, I've seen so much difference

[@christopherdench1422]

I have been making a lot profit through forex trading which has been the main source of my income

[@willianbit3597]

@@christopherdench1422 sounds great! please I will appreciate your assistance on how to go about it, who's your broker and how good is your broker

[@christopherdench1422]

@@willianbit3597 frank kafeman handles my investment portfolio, he's an expert when it comes to trading forex.

[@christopherdench1422]

He made over $12k with my $2k start up capital

[@christopherdench1422]

He's available on G mail

[@hannahdonald9071]

Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy. The ETF/Equity market keeps swinging.

[@mcginnnavraj4201]

The market's direction can swiftly change, with indexes frequently transitioning from a bear market to a bull market precisely when the news is most negative and investor sentiment reaches its lowest point.

[@graceocean8323]

@finestbearhug2951 I've been looking at comparable opportunities in the current market because I know a lot of people who made fortunes from the Dotcom crash and the 2008 crash. Could this consultant who helps you be of any assistance?

[@tampabayrodeo2474]

She appears to be a true authority in her profession. I looked her up online and found her website, which I browsed and went through to learn more about her credentials, academic background, and career. She owes me a fiduciary duty to act in my best interests. I set up an appointment to use her services.

[@levridge6601]

1929 says the opposite

[@haraldkoch4446]

Most Canadians who have a mortgage typically hold a 5 year mortgage. Therefore many mortgages will have to be renewed in the next few years. For the reason interest rates have risen around 5% just recently I've hear this will cause mortgage payments to increase by as much as $ 1,000. a month. One of the main 5 Canadian banks made some statements about this situation very recently and I'm not going to repeat what was said. It's that bad.

[@gloriamariadc7757]

I luv it when Tom keeps it super real & is NOT a “yes man” to his guest.👍🏻👍🏻👍🏻. This is perhaps th best Balaji interview. (Every other interviewer is in awe of him & doesn’t probe deeper.)

[@ccowanmt]

Best interview with balagi I’ve seen. He obviously has a very deep understanding of the economic and monetary mechanics currently but even more important he is able to explain the current state of the world from a first principles perspective. All the points he highlighted regarding World War Two and Russia, expanding war post soviet collapse, and the U.S’s global position as an unchecked super power for 50 of the last 70 years all plays in to not only where we are currently but more importantly where we are going and why. There was a part of the convo where he brings up the fact that “if you have been able to deficit spend without consequence for your entire lifetime odds are your bias is going to be to continue that behavior.” Even in the face of a paradigm shift where consequences to that behavior are now being levied the confidence in the action has now created a massive blind spot that creates a massive risk similar to the Wiley Coyote analogy. By the the time we realize it’s a problem we have already driven off the cliff.

[@andyirons7162]

great interview......but guys like Doug Casey, Bill Holter, Egon Von Greyerz and Peter Schiff to a degree, have been sounding the alarm for 15+yrs...

[@sfrealestatedealmaker6001]

@@andyirons7162 Collapse does not happen in months. It’s slow moving. All the signs are there.

[@OM-or3im]

I was a kid in Russia when Soviet Union collapsed. I watched the bombing of the Russian government building on TV - i didn’t get it but my parents were in disbelief, then everyone lost jobs, all factories closed and currency collapsed. It was insane. Now, i am an adult here in the US and i think a similar scenario is coming, not sure when but probably soon-ish. I watched how most Americans panicked early in the pandemic - fights at grocery stores come to mind - and it scares me to think these people will be witnessing the end of empire. I am not looking forward to this unraveling. At all.

[@StormKingLand]

I hope you don't play lotto!

[@spocksdaughter9641]

You have some immunity?

[@bellakrinkle9381]

It's difficult to imagine; North Americans are soft, many rely on the Gov't to take care of them. The US will continue using their "work around" for resulting Fiscal and Monetary needs that they cannot pay when GDP is lacking. Additionally, unemployment benefits, SS and Medicare requirements will fall short. Therefore, they will be forced to fire up the printing presses again, since the US no longer has a thriving manufacturing base, no oil exports due to Biden's oil shut down, etc, etc. Wait until the Commercial RE Industry fails! As long as Foreign Countries continue buying US Treasuries, the con game will continue. What will happen when Foreign Treasury Buyers of US Debt realize that the US will NEVER repurchase their DEBT? Foreigners will be left holding the bag containing all financial blunders created by the Ukraine Proxy War and everyting else incompetence brings.

[@_mfjones_]

This is just a pessimistic mindset shared by most late-USSR raised kids. The pandemic panic is a typical human psychology - happened everywhere in the DEVELOPED world, because many people never experienced shortages in their lifetime.

[@sailingsolo5290]

I would head back to russia if i was able. These people in the supper market will destroy you trying to get t.p

[@georgsyphers1437]

I live in Maine, and on I-295 they have been "fixing" several bridges for 3 years, barriers up, work zone signage, and I have never seen more than 3 people working at one time, machinery sits stationary for weeks at a time, and it is EMBARRASSING! I am utterly disgusted at the "we need to do everything" to the detriment of actually getting things done. We need to prioritize and actually work hard. How we can incentivize that and reorient our society to actual work and mastery is not my field, as an RN, but even in my field there are so many ways that insurance and Medicare disincentivize doing actual work in favor of doing paperwork and the appearance of doing things instead of actually doing them.

[@jimenaaitana6578]

Thank you for this wonderful video! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong?

[@saviourmark3153]

Same here, My portfolio has been going down the drain while I try trading,l just don't know what I do wrong

[@asneeRonny24]

Wow I'm just shock you mentioned and recommended Expert Mrs Janet,I thought I'm the only trading with her

[@cooperangel1481]

​YOU DON'T NEED TO BE SHOCK BECAUSE I'M ALSO A HUGE BENEFICIARY OF expert MRS JANET

[@kennethsimon9673]

I stumbled upon one of her clients testimonies and decided to try her out...I'm Expecting my third cashout in 2days

[@juniorwilly1548]

I'm a huge fan of crypto, I hold few coins in my wallet, while I trade the rest with my Expert, Mrs Janet She's really Good

[@TheZGALa]

This two party thing explains why I feel so isolated and alone. I am appaulled by both 'parties', all sides which point fingers and blame rather than getting UP and DOING something.

[@Kai0nTheMoon]

The way it works now is, the left does the stupid, dangerous nonsense, then the right complains about it on TV but still allows it to happen. At the end of the day every senator and congressman gets paid regardless.

[@MatthewCashew3]

Check out RFK Jr. He is the answer. I am an independent and have so much hope for the first time

[@jameshightower8875]

Yes there needs to be a strong third party.

[@yfa6244]

Like a bad divorce the de[endents suffer : (

[@wasdwasdedsf]

of course we point fingers... they have literally installed an illegitimate old folks home patient, destroying the country at a pace never before seen, and push castration for children to permanently maim them, with drugs LITERALLY created for castration of ped- predators

[@badoli1074]

"We printed money and nothing bad happened" is the Fed-equivalent of "we jumped from a skyscraper and the first 30 floors down nothing bad happened"...

[@deborahcurtis1385]

LOL True!

[@ryangabriel1623]

I have watched this entire interview all the way through twice. Is there a transcription? I could listen to Balaji Srinivasa all day, but the subject-matter of this interview and most of these talking points were already the center of gravity for most of my thoughts for 2023.

[@Groovepacker]

Phenomenal! I could easily listen to 4 more ours and still be disappointed when it’s over too soon.

[@WeekendsOutsideFL]

I find listening to these discussions to be therapeutic. Things are bad, I know they are bad, so to hear knowledgeable people talk about it is therapeutic to me. Because boy I work hard full time but it’s so hard to afford the basics. I can barely save Pennies which don’t accumulate fast enough to become substantial even after a few months of diligent saving and it always winds up being spent on something important which comes up inevitably. One type of debt spending I find to be more benign on civilians is the pay in 4 programs from shop pay, SEZZLE etc. they don’t allow you to go too deep, and you have to pay it off within 2 months. That is much better than the long term high interest credit cards.

[@budgetingstrategies6240]

This video just came out 22 minutes ago, yet there are a dozen comments. These people have not watched the whole video yet. Fun fact.

[@DeBaanDB]

Tom, I will confess that I've found many of your other interviews to be fairly superficial and lacking and helpful and actionable information. But this one was so thoughtful, specific, data supported, that I feel that it has really made a difference from me and will for others. Thank you! The sharing of this information accounts to me almost as a humanitarian effort. I think it part of the difference was the level of challenging and also digging into detail on specific assertions that were made.

[@Pdou66]

Back in 2002, my wife and I took a trip from our home in New England to California to attend a wedding of a family member in San Francisco. As part of our trip, we went up into the hills overlooking the bay to watch the sunset. But rather than enjoying the sunset, we were completely awed instead by the site of Chinese container ships neatly lined up out to the furthest horizon and separated by very little distance (literally further than the human eye could see), all of which were ready to come into port and unload their consignments. It was at that very moment I knew the United States was in profound trouble and that China had won.

[@maxamed4yare]

Dam ‼️ so, did you plan anything 🤔

[@LifeUnfiltered-Raw]

Because we all keep buying more and more Chinese crap,

[@innernouter]

Why does that mean china won? (Real question)

[@jzgtr100]

@@innernouter becoming wealthy is winning. Wealth is achieved through farming, mining, manufacturing, etc. Not money printing, Starbucks, drug addiction and consumption. Did you watch the video?

[@b.williams9473]

China hasn't won yet. But our politicians are working on guaranteeing it. They, and the corporations of America, have been working tirelessly to ensure China's win, all to the detriment of the American people. We have been routinely sold out and infiltrated aided by within.

[@Teagodard]

We're reverting to the historical mean of multipolarity. The United States as the sole global superpower and empire was an anamoly caused by the sheer madness and destruction of WWII. An entire rules based system of international law and trade was created to help the world navigate through the power vacuum with the U.S. at the wheel. That time is coming to an end. Many empires have always existed at the same time over the course of history. It doesn't have to be a zero sum game, and technology & globalized trade showed us that. There can be many reserve currencies, and there can be many empires at the same time split along cultural values. Historically that's the way it's always been for all of civilized humanity. The Clash of Civilizations explains this well, and regionalism/regional onshoring explains how this might look in the future. There is no doubt that the world is going to change quickly in the next 2-5 years, and there will be some economic fallout from it. No way it involves going to war with our largest trading partner and launching nukes at each other. Regionalism is inflationary, technology is deflationary. Tons of opportunity in both camps, go get you some.

[@bloodthirstyworks]

Probably the most pragmatic and perhaps realistic view i have seen on this subject... Well done!!!

[@markeasley6149]

Ideology can overcome pragmatism. It is unlikely war between powers will take place, but each society has been programmed and brainwashed to prepare for conflict.

[@carolynklestinec8589]

That sound good and somewhat peaceful . From your mouth to God's ears .

[@Life-changing.facts.]

The best interview yet.. so glad you kept it going on for 4hrs with all the diversions and history connections.. soooo enriching.

[@SeanReyes]

was this from the same interview recorded a couple months back?

[@terenigtopjian]

AMAZINGLY thoughtful episode!! Any chance you could you put together an episode similarly thorough and urgent for the state of Earth's ecosystems? We're seeing numerous critical systems (each enough to merit extremely serious analysis) showing signs of breakdown: - Insect population collapse - Ocean acidification - Ocean and atmospheric current collapses - Coral reef bleaching - Biodiversity collapse - The climate emergency - Plastic and micro-plastic crisis - Topsoil erosion - Deforestation - Ever increasing light, air, water, and noise pollution - Groundwater depletion As much as humanity's future rests on stable/functioning political institutions, our civilization absolutely cannot continue without a stable/functioning planetary ecosystem. Thanks!

[@AlexQuilghini]

Please never forget people who can't hear by adding subtitles 🙏🏻

[@bonnieupton4114]

Please

[@MrKikoly]

Interesting thing about Blockbuster and Netflix. When Blockbuster was a 6B$ company and Netflix was strugling to raise money with the DVD subsciption model, they (Netflix) decided to sell the company and the obvious buyer was BB, buy they were not interested to buy for 15M$, now NF is worth over 15B$ and BB is no more 😅

[@theguccibrothers3788]

Outstanding interview Tom, your best yet..!! I live in Australia and although I own my home outright, all I see is raising and raising house prices. The Oz government is bringing over a million immigrants over the next two years which is creating a HUGE demand for housing. Builders here are collapsing and supply can't keep up with demand.! Interest rates are going up and up and a LOT of mortgages are coming off their fixed rates at 2% and now people I know are paying 6% and it's really hurting their budgets. I think we are setting ourselves up for a MASSIVE crash in house prices.!

[@SamStone1964]

Who cares about homeless and sick and struggling Australians when we can have diversity! Groan.

[@deborahcurtis1385]

Hard to see a crash when as you say the supply of houses aren't meeting demand. It will however cut deeply and depend on the behaviour of the banks. IF they start to enforce loans and evict then all hell might break loose. But there is a colossal amount of money sloshing around int he system first from cashed up boomers, and secondly from cashed up investors and thirdly from cashed up immigrants from places like China.

[@sporgenjude3753]

Thank you for sharing your thoughtful content... for putting it out there with the passion that many of us need and strive for. I'm starting to listen to you almost every morning. Your voice and words are calming, clarifying, uplifting and motivating. It feels real and genuine. I am grateful to have your channel as a source for having a better relationship with myself and the world around me?

[@jasonwimmer71]

Only a fraction of the way through this, but so far I am left with thinking "qhat can I do about it". Things may get bad, but i don't have much in terms of savings or investments. So I kinda feel like I'm screwed and will just have to deal with whatever comes.

[@Cyber-JOC]

Usually that’s where grifters guilt you into buying their course or their investments. I’m in the same boat, but most of the “collapse” shills fear monger just to sell something.

[@janiemiller825]

Many people in same boat as you…, 😮

[@YSFmemories]

in a way, you're the least screwed. IF you have 100 buck to your name and USD devalues to become worthless, you lost 100 bucks. That butthat millionaire down the road however, he just lost a million bucks. Ha to him.

[@gmclark2007]

Build relationships with the time you have

[@heidi22209]

It's a grave situation. Literally. I feel you deeply

[@jenniferbryn]

Mr.Bilyeu, I want to thank you for reiterating/summarizing the discussion and conceptual threads in intervals throughout the discussion. it really helps me navigate this extremely important, complex topic. I'm very basic in my understanding of macroeconomics so this has been an enlightening journey. admittedly, this cast will be in parts and ive been rewinding a ton! thank you both... you have a new subscriber for what it's worth 😊

[@barbaraatkinson2204]

This fellow has a great handle on the the monitory system , Tom you have to understand , we can only encourage.and teach people to lift themselves. Out of poverty , throwing money at a person weakens them it doesn’t lift them out of poverty . I know you don’t believe in God ,God calls the way you are thinking is.misuse of mercy which destroys mankind .history teaches. Us. That . The people that got those housing loans lost their home in 2007, we also can see that the welfare state also cannot lift people out of poverty free markets are what this country was built on, we through social programs used for a life time solution is so destructive to the recipient 2 year programs with teaching people that they have their own worth and limiting the time line that gi chance to lift themselves out of poverty. If we as a nation sets boundary’s for social programs are key. Misuse of mercy is very destructive to society.Love what you are doing,remember your interview with PBD . Spare the rod spoil the child ❤

[@Eduardo37983]

Our government is putting so many families in difficult situations, Mrs Francisca Rodríguez have really helped me and my family so much, imagine investing $1,000 and receiving $5,300 in a few days.

[@PatrickFernando-dc9rn]

It's strange how people talk about all the profits, they have been making through trading of crypto, while i am here making huge losses. Please can someone put me through on the right path or at least advise me on what strategy to follow

[@Gebh839]

The high rate of living currently requires a new dimension of profit, even though the fall in the price of Bitcoin will not prevent me from investing

[@Shshav]

Surprising to see another recommendation about Ms_francisca, I am currently on my fifth trade with her and my portfolio has grown tremendously. Her weekly signals are highly profitable.

[@DiamondWalter]

Amazing 🙂 how do I connect with the person? 0:01

[@Eduardo37983]

On TE LE GRAM👇👇👇👇 0:04

[@YouKnow11111]

I love how decisive you are with your questions. Watched this when it dropped, rewatching it again

[@robertocvirk]

I have to say, I love these emergency episodes, even when it takes me two days to watch 😋

[@ShonSpeaks]

Right !

[@avidya8809]

​@@johnj4094 network state and decentralized systems + reforming the financial system

[@BananaPlanet-]

@@johnj4094 hmm

[@hz1056]

speed up video to atleast 1.5x. Normally I do 2x and at worst 1.5x depending on speaker and mic

[@TomBilyeu]

Hey Boardroom, Thank you for your support! Balaji is a very interesting guy. He can seemingly go on forever and has a wealth of knowledge. Hope you found the video educational and empowering! Have a wonderful Friday! Best, Impact Theory Community Manager

[@FreedomTalkMedia]

Tom, here is what you are missing: THE FED DOESN'T RAISE RATES. Right before you were talking about if the Fed knew or didn't know they were going to raise rates around 56:00, Balaji told you they are intentionally opaque. Part of that opaqueness is using the phrase, "raise rates" and "lower rates." The Fed doesn't have regulatory control over the rate they are telling you they are raising and lowering. If you listen to them speak carefully, they talk about a rate target, not an actual rate. The Fed does essentially one thing: They print money out of thin air and buy debt instruments with it. Usually those are government debt instruments but also mortgage backed securities since the 08 crisis. When the Fed wants to "lower interest rates." what that means is they are going to print more money and buy more debt instruments. The act of buying the debt instruments pushes the price up and therefore interest rates down. This process though is inflation. I don't mean it causes inflation. I mean it is inflation. When there is inflation, the market tends to push interest rates up so as to be compensated for inflation. The the very act of "lowering rates" causes a wave through the economy that ends up with higher rates. So, why did rates shoot up? In 2020 and 2021 the Federal government engaged in a massive wave of spending, while the economy was partly shut down. To do that, the Federal government borrowed massive amounts of money. This would have caused interest rates to massively spike right in 2020-2021. That didn't happen though because as the government was borrowing the money through debt instruments from commercial banks, The Fed was buying them from the commercial banks. That means the commercial banks still had money to lend to people besides the government. What we are seeing now is the wave of inflation reverberating through the economy and all prices are going up, including interest rates. The Fed, knowing their printing went too far, stopped and even unprinted a small amount of money. (Deflation). This is what caused the timing of the climbing rates but the Fed is pretty much powerless to hold them down. They could print more but the inflation is already symptomatic and that will just push rates up more. So, the Fed gets on TV and tells you they are going to raise the Fed Funds Rate target..... the interest rate they are unable to hold down anymore. The federal government raised rates by borrowing about every natural dollar there was available for lend. Also, we are facing demographic changes in this country that are pushing rates up in a more long term fashion. The average boomer is retiring and no longer putting money in savings / checking accounts / bonds. ...and the Fed didn't devalue the debt. The government did by borrowing so much.

[@user-nu9zv9bq3n]

Incredible synopsis. I now understand so much more of what is REALLY happening.Thank you very much for this post!

[@FreedomTalkMedia]

@@user-nu9zv9bq3n You're welcome!

[@ambientwave1659]

Problem I have with these predictions is we been hearing about imminent global/US collapse for the last 15 to 20 years. I do think there be a big danger moment but we're probably decades away from that. If Japan today with around 250% government debt, decades of QE and a declining population can to this day still operate and a top 4 economy with decent economic growth and not turn into Venezuela or Zimbabwe. Then the US being the biggest economy in the world with much less debt to countries like Japan, holding the world global currency and okay demographic makeup compared to most developed countries and decent economic growth. I wouldn't worry too much about the US turning into a hell hole.

[@carolynklestinec8589]

Hope your right , but everyone brings up the japan economy . What is the state of japans currency on the market ? And what do they pay for goods and services in their country . Japan is not the world reserve currency . Also many people in Japan live a conservative life . Do you think many individuals in their culture are in debt up to their eyeballs ?? Are they taxed into oblivion by their federal government and state government ?? I do believe you are comparing apples to oranges . I'm sure Americans can survive but it will be a cold bucket of ice water on many . Who knows how our current state of culture will react to that ?? Occupy wall street was one thing , we shall see what this will bring . Possibly more 10 hour lines for food waiting in your giant SUV that cost you 800 $$ per month to own . And no government forgoing your rent payments and inflating you unemployment checks. And paying one credit card with another passing fake money back and forth to avoid late fees . Yup we have been here before and will be again . Only this time maybe we won't have as many alies to loan us the money ( aka buy treasury bills ) . We will see . Hopefully you are right .

[@charlisparkles]

was there not a global financial crash some 15 years ago? I seem to recall... one that was never really resolved, just patched up and can kicked down the road for... oh, hey 15 years!

[@deborahcurtis1385]

That's why we have to listen and absorb and think critically. It worries me that people are asking for summaries so they know what to think. We need to consider the premises he makes, explore the rationale and evidence and reach our own conclusions. I must say I usually avoid doomers and extremist thinking, but this guy is worth some careful consideration.

[@bloopbleepnothinghere]

We are living in a time of extreme uncertainty. We always seem to be on the edge of unmitigated disaster, it's so stressful waiting for the axe to drop.

[@deborahcurtis1385]

We also have climate change which is about to change everything. Definitely things are going to have to pivot and also there is going to have to be colossal amount of debt forgiveness IMO but not sure what he will say on this topic.

[@TechOutAdam]

When people lose everything and they have nothing to lose, they lose it. Be happy with what you have because it may be all you got one day for a very, very long time.

[@juliarotunno]

I have been doing my best to become financially educated and take what feels like appropriate action. 4% of my portfolio is in hard gold but when I listen to videos like this, I think I should just escape somewhere to the forest with my family and hope to survive. It’s been very difficult to know what to do. So far I am into 1:09 of this 4.5 hour overwhelmingly complex history video explaining the current financial system. So far I am being reminded of Robin Williams quoting Rumsfeld: “Every so often, Rumsfeld comes out and goes, "I don't know where. I don't know when. But something awful's going to happen. Thank you, that's all for today, no further questions." Excuse me, can you give me a clue? What is it, the Central "Intuitive" Agency now?” If anyone on your team reads these comments, please consider making an dumbed down and idiot proof easy to follow video summarizing the important takeaways from this and a 10 step process so I can do something other than just figure my kids and I will probably die sometime soon because a war will break out and / or the Chinese government will step in and have me killed for writing this.

[@deborahcurtis1385]

Sorry nobody is going to do that for you, it's giving financial advice and you have to become self activated and motivated to try to understand it all. I suggest bookmarking this and coming back to it regularly and revising it. Chewing it over. What you ask for is dangerous because in effect you're giving your power over to someone else and asking them to think for you. It's not so easy , not anymore. Do your own research and constantly ask questions and revise. That's my approach. You cannot do a plug in and download into your brain the conclusions or a summary because they won't make much sense and you will lack a sense of proportion and emphasis. Good luck too, because we're I'm guessing we're mostly in a similar position. I'm just telling you how I think you can make the most of the opportunity of this video.

[@spacejesus570]

Push that fear!!! Everyone be afraid!!!

[@Jay-eb7ik]

AHHHHHHhhhhhh runnnnnn for cover!

[@ExtraRice365]

Lmao don't worry if you buy Tom's course and spend the rest of your money on BTC you will be saved

[@lenderzconstable]

I’m a little surprised he’s pushing nothing but fear porn about the economy.

[@JaimeChavezDJ]

Tom, I enjoy a lot of your interviews, but when I saw four plus hours... I thought, wow... no way, but, fortunately, the thinking part of my brain thought, "What could be that interesting?! I have to watch it." Great job executing and great topic in such an unpredictable time. Thanks for all the counterpoints to an obvious expert, and thanks for your periodic summaries/re-caps. Well done. I'm not only thinking of my future but of my fifteen year old daughter, my nieces, and nephews. It'll be a challenging time for us all. Reminds me of "The Fourth Turning is Here". I've been anticipating the "rise & fall" of this civilization. History shows a consistent pattern of 50-250 year cycles. Not much of a surprise but sobering, nonetheless. Continued blessings on your work!

[@cryptolover827]

One of the best shows, lengthy but worth every second! Love Balaji`s perspectives and the way he articulates his points ;D

[@deborahcurtis1385]

yes the density and length are challenging, but it also shows what's happened to our brains, we're wired now for instant gratification and dopamine hits. Scary that. So worth bookmarking and coming back to it again and again, IMO

[@arjunisaac61]

*I’m 50 years old living in California.I’m hoping to retire at 55 if things keep going well for me. Bought my third house last month and I can’t be more proud than I’m today. I’m glad I made a great decision about my finances that changed me forever*

[@richardbrandon4521]

Congratulations you are really doing well at your age.I’m 43 my finances are in a mess right now, any great tips would really go a long well in shaping my life. Would love to fix my financial life and buy a house too

[@tessyada2tessyada221]

Creating multiple sources of income is highly rewarding, start some investments as It helps in planning adequately for the future.

[@gracebenjamin8483]

I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.

[@trevorkurt7187]

Investing in stocks and crypto is a good idea, a good trading system would put you through many days of success.

[@arjunisaac61]

Yes exactly, and this is the perfect time, don’t wait until the market skyrocket again then you start biting your fingers wishing you made the decision to invest. bought my third house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone 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.

[@hackenstring]

I've seen this kind of 'end is nigh' thing every single year since the W years..

[@danwohlslagel1277]

Most definitely every year of QE since 2010

[@IntrepidClown]

Yeah but you’ve never seen someone spend a million to do it.😂

[@vivianakani]

Thank you Tom for sharing this information. I understand that it is not about panicking, but about smart decisions with the information available.

[@Cristian_M_]

You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.

[@regularjoe8925]

Great episode, love Bajaji.

[@deanreeve5257]

Nice one Tom. Your guest was almost able to fully explain their points, but luckily you were able to jump in and take them on some other tangent.

[@danobrien3760]

Great interview. I wish more interviews would go this long, on all channels. I would have liked a quick, "what can people do" question at the end, but that doesn't seem the theme and it's not my place to critique...especially with how much I loved this interview.

[@FrancescoCaban]

This is only 2 hours in and there's so much juicy stuff in here this is awesome

[@kogguk]

ого

[@alicassidy8913]

Such an interesting, informative podcast. Tom, your concent is fabulous and I've learned a lot here. Thank you. I agree with Balaiji on everything (but, then again, I dont know much ). Competition is gone from America. We've become fat and lazy instead of kicking ass like the old days. We better fix this before its really to late. Kudos to you both 👏👏 PS.. it was called Czechoslovakia... I'm Czech, Hungarian and Italian

[@jaredangell8472]

Ray Dallio's only mistake is he doesn't realize that this isn't just the USA, it's the entire global economy. The two are one and the same. At the end these guys are discussing 'Snowcrash' meets 'Eastern Standard Tribe'.

[@Christiancatholic7]

Nah we are just a vampire

[@RonWesterbeek]

​@@Christiancatholic7 vampire 19

[@mefisto05s.20]

What is snowcrash and eastern standard tribe?

[@jaredangell8472]

@@mefisto05s.20 books

[@AnthonyWasiukiewicz]

@@mefisto05s.20a book and an Indian tribe. 🤷‍♂️

[@jasonweishaupt1828]

I went long volatility December 2019. I bought SH calls January 2020. I made thousands. I’m a prepper and we topped off our supplies February 2020. Thanks to my MD niece in Asia for giving us a heads up in January 2020.

[@aldroid4844]

Thanks Tom, awesome 👏 interview with this amazing guy 👍

[@skillsgaptrainer]

Balaji. Thanks for the intricate insight you leave on videos throughout the web for free. It will help us to brainstorm and take perspectives on issues. Would be amazing to see a brilliant person like you, to take a look one day at the last 5, or last 8 years, economic, social, and political trajectory of Canada. Your thoughts, might help us forecast or talk about the future of Canada.

[@organizer14]

Basic problem are 58:48 overspending and over printing paper money?

[@organizer14]

Thank you for sharing new info!

[@JeremiahFlint]

High prices for everything have severely affected my plan. I'm concerned if people who went through the 2008 financial crisis had an easier time than I am having now. The stock market is worrying me as my income has decreased, and I fear I won't have enough savings for retirement since I can't contribute as much as before.

[@MarieWoodman-ne3hx]

It's recommended to save at least 20% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 20% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of investing in the stock market and potentially grow your retirement savings over time.

[@FredMacabi]

Considering the increased complexity since the 2008 crash and COVID, I suggest diversifying your financial portfolio. I hired an advisor and successfully grew my portfolio by over $150K during this turbulent market using defensive strategies that protect and profit from market fluctuations.

[@PaulCheng-co1ir]

@@FredMacabi Can i know who your financial advisor is ?

[@tracyfagan165]

This is one of the best, optimistic way forward proposals I've come across in a long time! Thank you

[@PETER7700S]

This man understands cause and effect applied to history as well as anyone I have heard. I have listened to 1.5 hours of this and so far he has been spot on. I have studied economics (study of behavior with money) finance (how our system and tools work) traded bonds for 15 years and managed a bond portfolio for 10 years. All the while I have read history and found there are ways and sequences that repeat. These things are when questions, not if. Unfortunately people in power seem to decreasing the time to when.

[@dabbbles]

The REAL fundamental question is WHY the Great Unwashed install/accept the 'people in power' and hand over their money on demand (taxes) to feed the fucking things. (which I stopped doing at the age of 13) Our most ancient ancestors, over BILLIONS of years, successfully learned how to avoid the man-made shit that's drowning the world today; evidenced by OUR existence in the here-and-now. For the moment.

[@marktownsend7070]

To be fair I’ve been hearing things like this since forever and it’s never as bad as it seems. What are we being sold?

[@HigherThinkersClub]

Thanks for reeling him back into the central point This is important info

[@TomBilyeu]

Hey Higher Thinkers Club, Its our pleasure! We hope you enjoyed the content and learned something new today. If you liked this video we have others with Raoul Pal, Ray Dalio and others! You may find value in those videos too. Hope you have a wonderful Friday! Best, Impact Theory Community Manager

[@petekwando]

"Spent one million dollars of your own money to warn people" is a very flattering way of saying, "You lost a bet."

[@indifferentphilosophy]

Man a channel i used to come to for INSPIRATION is now the channel that promotes FEAR, and DESPAIR.😢😢😢😢😢😢

[@jerrysaintvil9680]

Great information thank you

[@michaeljennings1380]

I love and appreciate the relentless financial information you’re providing Tom 👏 So much value. Thank you.

[@dcoleman4444]

I think we should look at WHY these financial crisis's happen and WHO is behind it. It doesn't have to happen...it's constructed that way to help the ultra wealthy get even more of the worlds resources.

[@jojojosi8993]

First Off, props to your content and Channel. So much valuable information. Well what we see again and what was always there to see in the last 150yrs is, that money is still and never will be the most important thing in earth, because if something is that much important there can't be that much fluctuation in the worth itself. That fact which is there to see, speaks against any logic aswell as against any rational point of viewing and therefore against the highest law there is, which is the law of nature where we all came from. So the lesson to learn from all of that, money itself isn't substantial so therefore it can't be that much important either worth. Money is an idea brought into life. Human's and there workforce and skill is worth. We can only strive as a whole If we lift each other up.

[@Aviva121]

Must watch alll the way through

[@oliveater2358]

Four hours long. Lord have mercy.

[@BananaPlanet-]

Take a long walk in nature! :))

[@oliveater2358]

@@BananaPlanet- Right? I've been listening and gardening. Then I cooked and ate lunch. Now I'm driving to pick up a dog then I'll be listening while I walk dogs 😂 Will take an intermission to listen to Bongino live though.

[@Christiancatholic7]

He says nothing the whole way

[@BananaPlanet-]

@@Christiancatholic7 Go pray to your God once your food chain collapses

[@Christiancatholic7]

@@BananaPlanet- im ready for it

[@Gbhbbgvsbnjhhdchhb]

Whew……this interview was hard work! The guest has an important message made opaque by his inability to articulate, his tendency to ramble and jumping from one thread to another. Still worth watching though… some very sobering observations and possible scenarios in the near future….

[@aprilumek1374]

Scary but thank you for reminding us to not keep our heads in the sand. Time to get creative, please keep sharing information to help us figure out what our next moves should be.

[@inforemix]

legendary interview! BRAVO

[@jessejames4967]

Yeah we're in trouble! This has been brewing for a long time.

[@johnj4094]

So what is the Solution to the troubles he stated You learned?

[@jessejames4967]

@@johnj4094 Ultimately, the solution is a spiritual one, not a physical or financial one. Now there are short term remedies to ease the symptoms, however the long game solution is a reset. This system has been unsustainable and rotting for a long time, and change is inevitable, necessary, and painful. Are you asking what the solution is for the country? The world? Humanity?

[@ddl4374]

That guy is so sincere & sweet...awww!

[@Jim-rrglobal]

Stocks are falling and bond yields are rising, but markets still don’t seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroad deciding if to liquidate my $138k stock portfolio. What’s the best way to take advantage of this bear market?

[@Gassnerholdings]

Instead of liquidating your portfolio, it’s better to try to understand personal finances and investing, because these will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.

[@Patwils]

Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least 21k ROI, and this does not include capital gain.

[@JacksonHarlan]

Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation.

[@karlvatore7928]

Super interesting conversation. Thanks

[@MB-fq5hf]

Thank you Tom for this interview. I was never interested in crypto, but I always try to understand how the economy works etc. I do listen to a lot of economic podcasts, but I never fully or deeply understant the concepts. I only get the " idea". Anyhow, this guy's logic its so perfect, I actually could follow it without a glitch 😊 He was so fluid, so logical in his explanations! So clear and even simple; just loved it! Thank you so much for bringing him on!

[@dabbbles]

Not only does 'crypto' have NO intrinsic value (and doesn't, in fact, even exist) it's price (as distinct from 'value') is measured in DOLLARS, so why wouldn't you hang onto your dollars in the first place??🙃

[@mattanderson6672]

Really brilliant episode!! Sometimes Tom, you've just gotta' let them talk and stop interrupting Balaji is brilliant!! That was really insightful Thanks guys

[@tainapura4766]

according to economist experts like Nouriel Roubini, Mohammed El-Erin , Casey , Jeremy Grantham the cycle we are in now is like Bear Stearns in March 2008 and Demise of Lehman Brothers in Sept. 2008

[@GuardianWealthStrategy]

Wonderful discussion, but is any of the impact theory team reviewing these videos after they're posted? The audio volume rapidly going up and down on the last few episodes has been horrendous.

[@nickkacures2304]

This is an Awesome interview 👍👍👍

[@nickkacures2304]

@@johnj4094 sell everything you own and move to Hawaii and hope you survive the Zombie apocalypse what did you expect from the interview

[@nickkacures2304]

@@johnj4094 yeah it’s certainly not very inspiring for the future of humanity or us surfs that can’t buy our way into New Zealand , Tasmania or Hawaii or at least a mega Yacht to get down to make as last minute dash when all hell breaks loose to the the southern hemisphere

[@yfa6244]

I remember in 2005 reading the Sacramento Bee and the APR's coming due in a few years. The housing boom was on and there was loads of building... lots of buying everything, it was a sad time in California. Here we are.

[@ivytown508]

Tom, please interview Richard Duncan for a much needed alternate view of the beneficial (to the USA) uses of money creation (printing).

[@dwaynediesel6079]

thank you ! This really helped

[@josephrief1432]

It took days to get through this. They never actually tell you how to protect yourself they just hint at what might help, like moving into gold/bitcoin

[@Morgan-vd5ph]

Thank 4:30:39 you Tom. Your guests are brilliant and your questions couldn’t be better. I think, as it was discussed in this episode, that if the smartest Americans were challenged with solving the problems that Americans are facing today, we could do it, unfortunately it will have to be done outside of the existing political system. A broken system cannot fix itself.

[@canaldrip2523]

You got to interview Peter Zeihan, Richard A Warner and Perry Mehrling

[@svenmaric]

Would love to see you interview Peter Zeihan on this topic.

[@itssteve6018]

"China is doomed, bad demographics, we win." There you go. Now you don't need to see that interview.

[@carolynklestinec8589]

Same story from him for multiple years now . He hasn't changed his thesis much . I know he's an analyst, but doesn't ever seem to take into account the zeitgeist of the countries or the collective . I'm sure like math he believes in his data points and numbers ,although recently he said we are possibly in uncharted waters .

[@andrewzembar3869]

hes not wrong though

[@gamanshoo]

Awesome awesome awesome interview. You are bringing TRUTH and WISDOM to the masses who are WILLING to learn....FOR FREE 🙏

[@i_stanisa_]

love these guys that predicted 50 out of the last 2 recessions

[@smarty.adviser]

Balaji Srinivasan's eye-opening video sheds light on the severity of the current financial crisis, offering a compelling case for why it surpasses the challenges faced in 2008. His in-depth analysis challenges conventional wisdom and encourages viewers to critically assess the implications of the ongoing crisis.

[@warrenhurley5787]

If we elect a new president in 2024, perhaps the president could appoint Balaji as the new fed chairman to fix things.

[@gplaycount3154]

There is nothing a fed chairman can do to fix this. There also should not be a fed chairman or a fed.

[@LoveOfLam]

End the fed

[@TitanM608]

There's nuggets of what this guy's saying that resonates but honestly he sounds like me during a manic episode. His thought stream is so disorganized this episode was barely watchable at times

[@warrenhurley5787]

@@TitanM608 Agree, Balaji sometimes goes off on tangents from other tangents that he was off on - lol. I noticed Tom had to pull him back a couple times.

[@aiseomaster]

The longest Video I ever wayched on YuTube in 17 years and the BEST on its topic. I say 'its topic' but really it is totally unique. It seems like Balaji has nailed it ... the West is pretty much over.