Take control of your life! Join us for a FREE workshop: How to build Ironclad Discipline. Click here to download your FREE guide to 100x YOUR EFFICIENCY IN 10 EASY STEPS: On Today's Episode: If you’re one that avoids economic news, politics, and global matters you may want to pause and lean into this conversation as an objective view of reality with historical context. These are scary uncertain times we’re living through with an entire banking system failing, politics with one agenda to divide the country, and the battle for global power. With the economic crisis unfolding before us, you have a decision to make on how you respond in this moment. No one can tell you what is best for you, but as Ray Dalio puts it, he wants you to at least understand the mechanics of what is happening so you can do your own analysis of what’s best for you. Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater, a billionaire investor, and bestselling author, joins Tom for a sobering conversation about the obvious problems with banking causing its collapse and the moment in time we’re facing with global conflicts on the rise. The emphasis is on understanding the mechanics and knowing what to look for and how you’ll respond. Ray shares valuable insights on the way banking works, why the collapse of SVB was obvious, the 6 cycle trend that sees the rise and fall of empires, and 3 tiers of security you can put in place for yourself. Ray Dalio has decades of experience, knowledge, and learnings he’s put together his books, Principles: Life and Work, Principles for Dealing with the Changing World Order, and video content he’s made freely available on his YouTube channel for everyone that values truth and radical honesty. Check out Ray’s video mentioned in this episode, Principles for Dealing with the Changing World Order: QUOTES: “One man’s debts are another man’s assets.” “It’s not safe because I’m losing money to inflation.” “We know we’re going to have financial problems and economic problems at the same time that we have this internal fighting and this external risky situation.” “When we think about safety we have to think about that as purchasing power.” “You as an individual should think about the total safety, including maybe that terrible scenario doesn’t happen, and if you do that you will come to a better balance decision.” “To be financially strong requires you to not spend more than you earn.” Follow Ray Dalio: Website: Twitter: Instagram: YouTube: ...(read more)
BREAKING: Recession News
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
ECONOMIC CRISIS: Ray Dalio's Warning For The Banking Collapse, US Dollar & Upcoming Recession In recent months, renowned investor and Bridgewater Associates founder Ray Dalio has been sounding the alarm about an impending economic crisis. Dalio, who accurately predicted the 2008 financial crisis, has been warning of an even more severe collapse that may be on the horizon. His concerns center around the fragility of the banking system, the vulnerabilities of the US dollar, and an upcoming recession. These warnings carry weight and should be heeded by policymakers and investors alike. Starting with the banking sector, Dalio points out that banks' profitability is under significant pressure due to low-interest rates and anemic economic growth. As a result, there is a growing risk of widespread bank failures, which could trigger a cascading effect throughout the global financial system. The impact would be felt not only within the banking industry but also in the real economy, leading to reduced lending, job losses, and decreased consumer spending. Dalio's concerns about the US dollar stem from the substantial levels of debt the US government has accumulated over the years. With debt levels reaching historic highs, there is a very real risk of a dollar devaluation. A weaker dollar would decrease the purchasing power of Americans and lead to inflationary pressures, particularly considering the current loose monetary policy pursued by the Federal Reserve. Moreover, a devalued dollar would also have profound implications for the global economy since it serves as the world's reserve currency. The upcoming recession that Dalio anticipates is a natural consequence of the economic imbalances and excessive debt levels that have built up in recent years. The COVID-19 pandemic has only exacerbated these underlying issues, leading to a deepening divide between asset prices and the real economy. The stock market's remarkable recovery amidst the pandemic-induced economic downturn has fueled concerns of a potential bubble that could burst, leading to a significant market correction. Making matters worse, the global economic landscape is increasingly characterized by rising geopolitical tensions and trade disputes. The US-China trade war has been a significant driver of uncertainty, and ongoing conflicts could further destabilize markets and negatively impact global growth. The ramifications of these geopolitical risks on the global economy must not be underestimated. Amidst these warning signs, it is crucial for governments and central banks to take proactive measures to mitigate these risks and protect their economies from the impending storm. Policymakers should aim to strengthen the financial sector by imposing stricter regulations, stress testing banks to ensure their resilience, and promoting responsible lending practices. Additionally, governments should explore ways to reduce their debt burdens and address structural issues that inhibit sustainable economic growth. For individual investors, Dalio's warnings serve as a reminder of the importance of diversification and risk management in their portfolios. Allocating investments across different asset classes and geographic regions can help mitigate the impact of a potential downturn. Moreover, considering alternative investments, such as gold or cryptocurrencies, may provide a hedge against currency devaluations and market volatility. Ray Dalio's predictions and warnings carry weight due to his track record and deep understanding of economic cycles. The risks he highlights regarding the banking collapse, the US dollar, and an upcoming recession should be taken seriously. By heeding these warnings, governments, central banks, and individual investors can better prepare for the challenges that lie ahead and work towards building a more resilient and stable global economy. https://inflationprotection.org/ray-dalios-warning-economic-crisis-banking-collapse-us-dollar-and-upcoming-recession/?feed_id=111252&_unique_id=6498c987a48b0 #Inflation #Retirement #GoldIRA #Wealth #Investing #billionairesuccess #business #ChangingWorldOrder #ConversationswithTom #entrepreneur #HealthTheory #howtobesuccessful #ImpactTheory #ImpactTheory #InsideQuest #InsideQuest #inspiration #Interview #investing #mindset #motivation #motivationalspeech #Principles #raydalio #recession #siliconvalleybank #svb #TalkShow #TheoryImpact #TomBilyeu #TomBilyou #TomBilyeu #wealth #RecessionNews #billionairesuccess #business #ChangingWorldOrder #ConversationswithTom #entrepreneur #HealthTheory #howtobesuccessful #ImpactTheory #ImpactTheory #InsideQuest #InsideQuest #inspiration #Interview #investing #mindset #motivation #motivationalspeech #Principles #raydalio #recession #siliconvalleybank #svb #TalkShow #TheoryImpact #TomBilyeu #TomBilyou #TomBilyeu #wealth
Comments
Post a Comment