It Started: The Reverse Market Crash Of 2024

"Patrick believes this next decade could provide some once in a-lifetime opportunities as soon as you reverse the like button for the YouTube algorithm And subscribe if you haven't done that already since it does help with the channel tremendously"

"over the last 20 years when accounting for inflation they've actually been incredibly low for example in April of 2001 real interest rates were only 2.2% after the 2008 grade financial crisis real rates briefly went negative this was even more pronounced during the 2020 shutdown when real rates went as low as half a percent meaning you effectively made $5,000 a year in profit for every million dollar that you borrowed which is insane"

"in the big picture I don't think it's a fair comparison to infer that the United States could face a similar outcome to other countries that see 200% annual inflation and a 10,000% reverse stock market crash upwards systemically I just think there's so many fundamental differences where if that were to happen here we'd have much bigger problems to face and the only things of value would probably be guns ammo and food"

"I tend to think that it's not so much of an income gap that's contributing to the inequality of wealth but instead an investment gap for instance when the Federal Reserve first lowered interest rates and stocks plummeted the ones who could take advantage of that the most are the ones who already had the Investments and disposable income to begin with"