2022 RECESSION: ONCE IN A LIFETIME OPPORTUNITY TO BUILD WEALTH! (LAST CHANCE)

 

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Hey ET Fam! I hope you all are doing well today. I realize that we have been focusing a lot on broader financial markets and macro topics lately, but it has been for a good reason. Right now, the economy is taking a beating, and things are changing. The changes that are occurring won’t be small, fly by night changes. Our sense of normalcy will have changed drastically by the time this all said and done.

These are the types of events that reshape the world and future governments as we know it. With that being said, this current recession is presenting a very unique and time sensitive opportunity. This may very well be our last opportunity to achieve any form of significant wealth. In today’s video, we’ll take a closer look at how the economy is changing in front of our eyes, how we should position and why soon, the last good investing opportunities of our lifetimes might arise. So tune in as I break everything down!

00:00 – Intro
01:04 – How we got here
02:47 – What exactly is the role of the FED?
04:26 – What makes this recession so special?
06:38 – Stanley Druckenmiller
07:52 – Are we at the peak of the recession?
09:55 – Why is this the last opportunity to get rich?
11:55 – Outro

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DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR

2022 RECESSION: ONCE IN A LIFETIME OPPORTUNITY TO BUILD WEALTH! (LAST CHANCE)

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Created by Sara Bauer and Richard Abermann

27 comments

  1. Sometime next year maybe 2024, stack up as much as you can over the next year on every dip regardless of price if you plan to hold 2-4 yrs I think you will be rewarded handsomely

  2. F-

    Guess what, today’s GDP YoY (YES, today, 25.08.2023) quarterly is higher than last months. -0.6 Vs -0.8 expected. This is a technical recession, fine but not the one that everyone thought like 2008 – 20%. U didn’t bother to. Heck that? 😂

  3. I want to commend you for you willingness to pivot and learn about new narratives. It would behoove you to look into even broader macro factors and how they will shape our future. In particular demographic disparities in many countries, de-globalization, rising protectionism and the many many negatives that accompany rapidly advancing climate change.

    I’m glad you have such confidence in blockchain tech and a bright future, but we are facing hurdles that humanity had never witnessed. Understanding how those trends will shape the world, civil unrest, famine, global conflict, etc. Will be vital to stay relevant.

  4. @Dragano Question is which alts to pick up, many will not survive the coming winter in my opinion 🤨 I have minimum 20 crypto projects on eye, and low cap gems are tempting but they can easily totally failed in the next few months. What are your picks ?

  5. I sincerely appreciate the knowledge you share. If you have been closely watching the crypto

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