So I believe a market crash in a recession is around the corner and I think it's going to be worse than what a lot of people think is going to be and I don't think 90% of America is ready for let alone the world is ready for it but those who are are going to benefit from it the next two to five years will talk about the top 10 market crashes we've ever had the duration how ugly was the cause of it we're going to talk about how to be ready for the difference between a market crash and a recession what other experts are saying about it different stocks and in any way it's based on that as I'm

going to make the argument to you at the end of it you'll be able to make a decision what decisions you're going to make with your finances and proper sequencing moving forward having said that at the end of it the slide is going to be around 80 pages some of you guys will have a way to get the 80 page a PowerPoint that will give to you so stick around to the very end the reason why did this this was a private webinar that I hosted just a couple days ago where tens of thousands of people signed on and the next thing I saw is these things were being up

and uploaded all over YouTube and I said I'm going to shoot this again and I'm going to make this public due to popular demand and then the audience is going to be able to do whatever they want to do with this information so having said that let's get right into it so first of all a couple things that we're going to be learning today the difference between a market crash and a recession why recessions are important how to prepare for them and how to make your millions whatever the dollar amounts for you during and after a market crash so my opinion I believe a market crash is coming

six to 24 months from then the only reason I put that six to 24 is because the Fed and our politicians are trying the White House is trying to do whatever they can through purely fake way of increasing interest rates or you know a different kind of build back better plans whatever they're going to be doing to put money into the system to delay this market crash and the recession that's coming midterms is around the corner so it could be six months it could be a lot of money

maybe 12 months it could be 24 months but it's coming recessions going to probably be announced a lot sooner it could be as soon as July it could be as soon as Q4 but that's also coming here soon but I'll give you some of the tools I want to do to be prepared for this so my market crash philosophy that I follow and I'll break it down for you exactly how this is impacted my life number one is every time a time like this comes and I don't believe a time like this is going to come for another 20 to 40 years maybe not even in my lifetime because

the perfect storm of what's going on today with how COVID came and we were asked to stay home but money was sent home we printed trillions of dollars of money and a lot of it went to the rich some guys went from being worth 20 billion to 300 billion

somewhat from being worth a million dollars to 300 million dollars and then some of them are going to be corrected today and then you know at the same time the inflation gas Ukraine Afghanistan there are so many different things that are hitting at the same time 128 month economic expansion that we're being affected by it so if you're ready for this is when you add the next zero to your net worth if you're worth a hundred grand you ought to be worth a million dollars in the next 12 24 36 months

if you're worth a million you ought to be worth 10 million dollars if you do it right the next two three years if you're worth 10 grand you ought to have a hundred thousand dollars maybe even a million dollars but the key is to chase the next zero your next zero whatever that zero maybe now you may say pat I'm only worth a hundred dollars well then go to a hundred thousand dollars it doesn't matter what it is but chase the next zero that's high process and number two is recessions are a good thing for marketplace god knows we need today's recession yesterday I had on the podcast the the gentleman who

came up with the coin the phrase quantitative easing he worked for Japan bank of chip he worked for all over the place all over the world Oxford grad all this stuff

economist and we had a debate back and forth but I believe we need to actually go through a recession and our politicians need to

allow this to happen but it's actually good for the marketplace I'll explain to you why it's the best time to build

wealth and only the prepared will prevail during this time so if you see this picture that's me I think this is day two or day three at Morgan Stanley Dean

with her this is a I got started with them a day before 9-11 and that's my cubicle the lady in the back she was one of my co-workers we got

hired on the same day her name is soul and the the gentleman who hired as Dave Kirby sat us down and it was only supposed to be one of us

getting a job she was obviously very overqualified UC Berkeley and I was underqualified but he liked us both he

gave us the job and he said you guys got to share a computer screen together which you don't see is to the right she

was a genius I think she got like a 1560 on an essay it's our co-workers taking a picture don't let that smile

fool you nobody was smiling because the corner stockbroker in the corner was making 700 grand within 12

months his income dropped to 70 grand he was not ready for it he was golfing pretty much every day and you

know he didn't see this event coming up and then next thing you know things happened but Dave Kirby had a

meeting with us everybody was scared and he said it's going to be the toughest time to stay in this

business this is not a good time to stay in the business but if you do and an X three to five years the

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