ilmscore | If I Lost It All Today… Here’s the Truth No One Wants to Hear

Predictions from this Video

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Prediction
Topic
Status
The US economy is heading towards a depression, primarily due to an impending bond market crash caused by the nation's $36 trillion debt and reliance on money printing ('the big print').
"Moody's just downgraded our debt which is why this is coming next. It's called the big print because America can't pay its bills. It's $36 trillion in debt. The interest payment on our debt is greater than income from our taxes. America is bankrupt. ... If the stock market crashes, it's called recession. The bond market crashes is called depression. And that's what I'm concerned about."
US Economy
Pending
Money will continue to shift globally from fiat currency into hard assets like gold, silver, Bitcoin, and real estate, due to their perceived safety and inflation-hedging properties.
"It's gold, silver, Bitcoin. That's safe. And that's why there's a run going on right now because people are moving away from currency or fiat or paper money and they're moving into hard assets. And this is not just in the US. This is everywhere. This is why we're starting to see gold at an all-time high. This is why we're starting to see real estate stabilize and now be kind of the darling. If you take a look at where a lot of the money on Main Street is going and even in Wall Street, it's actually going into real estate because it's their hard assets. hard assets move with inflation. So that's where the money's headed."
Investments
Pending
Artificial intelligence (AI) will cause widespread job displacement, rapidly replacing human workers in many sectors.
"as many people as AI makes richer like Kenny and myself, it's going to make people lose their jobs left and right. You don't need people. They can replace that fast."
Artificial Intelligence
Pending
Autonomous vehicles, such as Waymo cars, will lead to the obsolescence of human driving jobs (e.g., Uber drivers).
"It's like every time I see a Whimo car drive by and I see this Uber driver falling asleep at night, I'm going, "Have you got the picture yet?" ... So, that's where things are headed."
Autonomous Vehicles
Pending
If elected, Donald Trump will fire all personnel within the Department of Education.
"Trump is firing everybody in the Department of Education."
US Politics
Pending
Jim Records (cited by speaker) suggests that in a future crisis, there will be no entity capable of bailing out the Federal Reserve, leaving it with only the option to print more money, exacerbating financial instability.
"Records is this time asking said who is going to bail out the Fed? That's his question right now. And that's what this is talking about right now. The big print because the Fed really can't do much but print more money. And that's where we're going."
Central Banks
Pending