America's Collapse: Raoul Pal's Warning For The Dollar, Housing Market & Upcoming Recession PT 1

Tom Bilyeu's Impact Theory

Impact Theory

Business, News Commentary, News

4.7 • 5.2K Ratings

🗓️ 8 June 2023

⏱️ 80 minutes

🔗️ Recording | iTunes | RSS

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Summary

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. I hope you’re ready for this 2 part conversation with Raoul Pal breaking down the potential financial crisis we’ll potentially face over the next 20 years. We go deep in part 1 discussing the impact of the debt cycle and hyperinflation and managing your future risks to safeguard you and your loved ones. “By every indicator I've got, we're in a recession already and it will become more abundantly clear.” -Raoul Pal This is not a matter that can be taken lightly. Facing these difficult conversations head on is a must to stay informed and prepared to take necessary action. Raoul’s Insights: “That was the death of the American dream that happened. The American dream was you participate in the US economy, you get richer, the reality is it didn't happen.” “There is an understanding that the world is too much in debt and there's no way of dealing with this without us all going back into caveman times. So this is the answer.” Follow Raoul Pal: Website: https://www.realvision.com/ Twitter: https://twitter.com/RaoulGMI LinkedIn: https://www.linkedin.com/in/raoul-pal-real-vision/ YouTube: https://www.youtube.com/channel/UCBH5VZE_Y4F3CMcPIzPEB5A 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. Get $300 into your brokerage account when you invest $5k within your first 90 days by going to https://bit.ly/FacetImpact. Head to www.insidetracker.com and use code “IMPACTTHEORY” to get 20% off! Sign up for a one-dollar-per-month trial period at https://bit.ly/ShopifyImpact. 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 Subscribe on Apple Podcasts: https://apple.co/3PCvJaz Subscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : https://impacttheorynetwork.supercast.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	What's up, guys? You're about to hear part one of my two-part interview with Rao Paul. I've had him on the show before, but this time, this is the most important interview that I've done with him to date. There are few people that understand where the world is going better than Rao, and in this episode, we walk through what he calls the everything code. It's literally a prediction engine that provides a framework with which you can
0:21.7	evaluate the most likely paths the future economy is going to take. In part one of this episode,
0:26.6	we jump right into the deep end with Rao's thesis of what he calls the glide path to a potential
0:31.2	soft landing, but we also discuss whether or not that's actually the most likely scenario,
0:36.1	or are we headed towards a nosedive
0:38.2	that may take the U.S. economy with it.
0:40.5	I'm not going to want to miss this episode.
0:42.2	And on a side note, we've just launched our exclusive Impact Theory subscription that takes
0:46.4	your podcast listening experience to the next level.
0:48.8	You can now listen to Impact Theory completely add free.
0:52.2	And we've also curated amazing playlists on topics like health, mindset, business, and relationships, making it easy for you to dive deep with hundreds of different experts on incredible topics.
1:03.1	You can subscribe now on Apple Podcasts or on Supercast for other platforms.
1:07.8	Get started, guys, today.
1:09.6	I'm Tom Billu and welcome to Impact Theory.
1:12.5	We have a financial system that is a volcano waiting to erupt, and it is inevitable that it
1:20.7	will erupt and will obliterate life as we know it. And it is only a question of when. And so I don't know if it happens in five years,
1:29.3	50 years, 100 years. Can't imagine this more than 50, but I think it's going to be cataclysmic.
1:35.9	Am I marking up the right tree? No. All right. Here we go. Tell me about it. So where do you think
1:43.9	we are right now?
1:45.2	The world blew up in 2008. The world is now entirely about the management of the debts.
1:52.5	That is everything now. And there are two ways for that to happen. If we didn't do quantitative
1:59.0	easing in 2008, 9, 10, 11, all of that stuff,
	...

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