Economic Crisis: Ray Dalio's Warning For The Banking Collapse, US Dollar & Upcoming Recession
Tom Bilyeu's Impact Theory
04/17/23
•115m
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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.
Check out Ray’s video mentioned in this episode, Principles for Dealing with the Changing World Order: https://youtu.be/xguam0TKMw8
Follow Ray Dalio:
Website: https://www.principles.com/
Twitter: https://twitter.com/RayDalio
Instagram: https://www.instagram.com/raydalio/
YouTube: https://www.youtube.com/channel/UCqvaXJ1K3HheTPNjH-KpwXQ
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Previous Episode
Megathreat: The Dangers Of AI Are Weirder Than You Think | Yoshua Bengio
April 13, 2023
•86m
The launch of ChatGPT broke records in consecutive months between December 2022 and February 2023. Over 1 billion users a month for ChatGPT, over 100,000 users and $45 million in revenue for Jasper A.I., and the race to adopting A.I. at scale has begun.
Does the global adoption of artificial intelligence have you concerned or apprehensive about what’s to come?
On one hand it’s easy to get caught up in the possibilities of co-existing with A.I. living the enhanced upgraded human experience. We already have tech and A.I. integrated into so many of our daily habits and routines: Apple watches, ora rings, social media algorithms, chat bots, and on and on.
Yoshua Bengio has dedicated more than 30 years of his computer science career to deep learning. He’s an award winning computer scientist known for his breakthroughs in artificial neural networks. Why after 3 decades contributing to the advancement of A.I. systems is Yoshua now calling to slow down the development of powerful A.I. systems?
This conversation is about being open-minded and aware of the dangers of AI we all need to consider from the perspective of one of the world’s leading experts in artificial intelligence.
Conscious computers, A.I. trolls, and the evolution of machines and what it means to be a neural network are just a few of the things you’ll find interesting in this conversation.
Follow Yoshua Bengio:
Website: https://yoshuabengio.org/
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- Relationship Theory: Relationships
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Next Episode
The banking crisis we’re experiencing has us at a tipping point we can’t ignore. Hopefully it's causing you to be more thoughtful about money, what it really is, how it works, and how you can better leverage it.
The banking system is set up in a way that encourages hyperinflation and incentivizes more debt and investment strategies as a hedge against inflation. The current $8 trillion dollar bailout package happening over the last three years is 10 times over the 2008 bailouts! This is for sure cause for alarm.
Robert Breedlove has been the bitcoin philosopher and thought leader for hundreds of millions of people. He’s a freedom maximalist, and bitcoin philosopher that offers food for thought that can melt your brain. His breakdown of inflation being a version of legal theft will grab your attention when you hear about inflation from the context of systemic theft.
How many more trillions of dollars will the Fed continue to print and how many more banks will have to collapse before we have your full attention on the economic disaster happening?
Follow Robert Breedlove:
YouTube: https://www.youtube.com/channel/UC43_LTf5Z4lbRjKCq0sIAVg
Twitter: https://twitter.com/Breedlove22
LinkedIn:https://www.linkedin.com/in/breedlove22/
Podcast: https://whatismoneypodcast.com/
Instagram: https://www.instagram.com/breedlove_22/
SPONSORS:
Get 5 free AG1 Travel Packs and a FREE 1 year supply of Vitamin D with your first purchase at https://bit.ly/AG1Impact.
Sign up for a one-dollar-per-month trial period at https://bit.ly/ShopifyImpact and supercharge your business!
Get FREE GROUND BEEF FOR LIFE plus $20 off your first box at https://bit.ly/ButcherBoxImpact.
Get 55% off at https://bit.ly/BabbelImpact and learn a new language today!
Are You Ready for EXTRA Impact?
If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you.
Want to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness.
This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day.
Subscription Benefits:
- Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more
- New episodes delivered ad-free
- Exclusive access to Tom’s AMAs, keynote speeches, and suggestions from his personal reading list
- You’ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more:
- Legendary Mindset: Mindset & Self-Improvement
- Money Mindset: Business & Finance
- Relationship Theory: Relationships
- Health Theory: Mental & Physical Health
- Power Ups: Weekly Doses of Short Motivational Quotes
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