A Great Depression Worse Than 2008 - Survive & Thrive During The New Economic Reset | Arthur Hayes PT 1

Tom Bilyeu's Impact Theory

Impact Theory

Education, News, News Commentary, Philosophy, Technology, Society & Culture, Business, Self-improvement

4.7 • 5.1K Ratings

🗓️ 3 October 2023

⏱️ 93 minutes

🔗️ Recording | iTunes | RSS

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Summary

Has a World War III like event already been set in motion? You’re likely already on alert and looking closely at money-printing, rising inflation, the potential banking crisis, the massive amount of debts at the country and consumer levels. Today’s two-part episode is an opportunity to gather knowledge and understanding about what’s happening right now so that you can devise the best strategy to survive financial collapse. Arthur Hayes, a brilliant macro-investor and entrepreneur is joining me and to expose the signs of an impending financial crisis that will be detrimental for people caught off guard. In the first part of this discussion, we’re going to explore why political instability is a greater concern, what it’s the biggest predictor of, and why energy is the anchor no one is talking about, and exactly what you’ll need to know that is leading to even greater inflation. Meet Arthur Hayes, the unflinching co-founder of BitMEX and a pivotal figure in the crypto world, known for his controversial yet insightful perspectives. You’re going to need to lean into this episode as this financial maverick tackles the daunting challenges of inflation, massive debt, and looming banking crises with candor and astute acumen. Stay tuned and discover the big disturbance Arthur sees on the horizon over the next 3 to 6 months, and why he says that Japan is the more successful version of China. Arthur Hayes Quotes: “Every time we’ve had a financial crisis over the last 80 years, [...] the government rushes in and they essentially destroy some part of the free market because they want to save the system.” “We’ve proven over thousands of years of human history that printing money is not growth…” “The problem is when inflation shows up, it’s when you exhaust the cheap labor, when you exhaust the cheap energy…” Follow Arthur Hayes: Substack: https://cryptohayes.substack.com/ Twitter: https://twitter.com/CryptoHayes Instagram: https://www.instagram.com/arthur__hayes/ 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. Head over to https://bit.ly/AnthrosImpact and get $200 off the office chair that promises to be the world's most comfortable sitting experience. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	When Fiona started Fee's fancy flowers, she used a fax machine to get in touch with her suppliers,
0:06.3	her investors and her customers too.
0:09.7	But as her business went from 100 customers to 10,000, she realized it was time to finally embrace modern technology.
0:19.3	fax machines, they kind of like your business current account,
0:22.8	just because they were good ones doesn't mean you have to stick with them forever.
0:26.7	Maybe it's time to switch, with the current account switch service.
0:30.0	Okay, so I've changed your break pads, I've replaced a wiper blade and topped up your screen wash.
0:34.4	Anything else you want me to look at?
0:35.6	Yeah, my washer dryer only works on a short cycle.
0:38.8	I've got it in the boot.
0:39.9	Like getting your money's worth, introducing but Donald's saver meal deals.
0:43.2	Get a cheeseburger or mayo chicken, medium fries and drink for just $3.99.
0:48.3	From 11 a.m. not available on delivery.
0:50.2	Ray Dalio recently said the next five years will be a period of radical disorder.
0:56.4	Money printing, rising inflation, a potential banking crisis and a whole lot of debt
1:01.2	threatened to shock the global markets.
1:03.1	And many people, including today's guests, believe that something approximating World War 3
1:09.2	has already begun.
1:10.6	But even if that's all true, we can't control it.
1:13.6	Whatever hand we're dealt, we have to figure out a way to play it well.
1:16.8	So I bring you Arthur Hayes, the controversial macro investor who's going to provide a masterclass
1:22.7	on navigating these difficult times.
	...

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