BIGGEST MARKET CRASH LOSERS - Types of Investors Who Will Lose It All In This Recession

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4.8 • 1.7K Ratings

🗓️ 15 November 2022

⏱️ 10 minutes

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Summary

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In today's video, Patrick Bet-David reacts Tom record high interest rates & Dave Ramsey claiming the housing market isn’t going to crash.

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Transcript

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0:00.0	So, earlier this year, I tweeted, I was saying that interest rates, 30 or fixed could crack
0:03.8	10%.
0:04.8	I talked about it on the podcast.
0:05.8	I mean, videos about it.
0:06.8	People said, you're out of your mind.
0:08.6	This will never happen.
0:09.6	You're crazy.
0:10.6	Cannot believe you're saying this.
0:12.0	You're speeding out all this fear porn.
0:13.8	Let's look guys.
0:14.8	This is what I think is going to happen.
0:15.8	We're in a weird economy.
0:17.1	I think we're going to crack 10%.
0:19.0	When I said that, a Dave Ramsey came out and posted this on his Instagram post to calm
0:24.2	everybody down.
0:25.4	Here's what Dave Ramsey said.
0:26.4	So, here's what he said on Instagram.
0:27.9	He posted something about it on June 29.
0:29.7	I keep a mind.
0:30.7	The rates at that time were roughly 5%.
0:33.4	He said the following.
0:34.9	The housing market is not crashing.
	...

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