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✎ In this episode, we dive deep into the unpredictable world of money and investments with the renowned Mike Dillard. Mike shares his insights on the current state of the economy, emphasizing the importance of staying liquid and diversified in these tumultuous times. He reveals his personal investment strategy, allocating 50% to cash, 20% to gold, and the remainder to cryptocurrency, while stressing that no one truly knows what will happen next. His candid discussion on the dangers of personal bias and the need for clear-headed decision-making in uncertain times is a must-watch for anyone looking to safeguard their financial future.
We also explore the concept of the “fourth turning,” a historical cycle theory that Mike ties into our current global situation. He references the book “The Fourth Turning” by William Strauss and Neil Howe, explaining how it eerily predicted the events we’re experiencing today, including the financial crisis and the global pandemic. Mike discusses the potential implications of this cycle on the economy, the possibility of war, and the evolving role of cryptocurrency in a rapidly changing world.
Mike doesn’t shy away from discussing the risks involved in today’s financial landscape. He covers the rise of decentralized finance (DeFi) and its impact on traditional banking systems, the future of Bitcoin and Ethereum, and the potential for a global shift in economic power driven by digital currencies like China’s digital yuan. This conversation is a comprehensive guide to understanding the complex and often volatile world of modern finance, making it essential viewing for investors and entrepreneurs alike.
✎ Check out Jeff Hays’ channel: https://www.youtube.com/@JeffHaysFilms
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★ RECOMMENDED VIDEOS FOR YOU ★
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• Millionaires Share Their Bulletproof Strategies to Get Rich! – https://youtu.be/GC0tN72I8dA
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• THIS is the Secret to GET RICH! (Watch THIS to Become a MILLIONAIRE) – https://youtu.be/QgZny7PMnIA
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