Timothy Sumer

Restart Your Life in 7 Days: This episode is sponsored by Aura. You can try Aura for free for two weeks at The Smart, Simple Way To Stay Safe Online. Living through the financial collapse of 2008 was one of the biggest economical swings this current generation has seen, until now? It’s hard to see what’s actually happening when you’re in the middle of it, and that’s exactly why I bring experts with a wide range of experiences and insights to the show. A lot of you are in the crossroads and feeling the pain of how much higher your grocery bill is for the same amount of food. If you were on track with a decent savings account a couple of years ago (especially if you took advantage of the stimulus money that got us where we are now… we’ll talk about that today) you noticed your savings are virtually non-existent now. Working 2 to 3 jobs was once reserved for the hustler on a mission trying to work towards something major, and now it’s the standard for many people just ...

On Today's Episode: Here’s how the second-biggest bank collapse in U.S. history happened in just 48 hours. Silicon Valley Bank closed its doors today. Within 48 hours, a panic induced by the very venture capital community that SVB had served and nurtured ended the bank’s 40-year-run. Regulators shuttered SVB Friday and seized its deposits in the largest U.S. banking failure since the 2008 financial crisis and the second-largest ever. The company’s downward spiral began late Wednesday, when it surprised investors with news that it needed to raise $2.25 billion to shore up its balance sheet. What followed was the rapid collapse of a highly-respected bank that had grown alongside its technology clients. You are not alone if the recession has you nervous about what to expect. People have real concerns about whether or not they’ll be able to afford groceries, gas, and even rent! For sure you’ve heard that millionaires are made in recessions, but how? Jaspreet Singh is joi...

FREE! "10 Steps to Beast-mode Your Business" Listen to Impact Theory on Amazon Music: Raoul Pal has become a legend in global economics as one of the most successful former hedge fund managers, and one of the most brilliant thought leaders that thoroughly understands how to navigate and explain the complexities of the global financial markets. Get ready for another mind blowing conversation around America’s collapse and the potential financial crisis that’s going to make the next 20 years intense. We go deep on this conversation discussing: The impact of the debt cycle and hyperinflation Potential breakthroughs in the tech sector The unstoppable nature of technology marked by AI models If you’re trying to figure out how to navigate this all, its safe to say that preparing for future risks and safeguarding your loved ones is the absolute bare minimum to survive the uncertainty on the rise. QUOTES: “That was the death of the American dream that happened. The...

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...