In this episode we have friend of the podcast Isaac Gibson back onto the show.
We discuss the recent Bank failures and why they happened. Also discussing possible mays to mitigate the risks presented by these tumultuous times.
3:00: SVB and Signature failing due to multiple factors and the FTX collapse
7:00 Explaining through the graph of interest rate induced collapse
9:00 Treasury securities
13:00 Either raising rates or not
Recap on Jake’s explanations
17:00 Do we bail the banks out?
19:30: Government is trying to put on a show instead of actually fixing the problem
24:00: The dangers of a one-world money
27:00 Central bank/ gold standard
30:00 debates Tom on Bitcoin
46:00 Take on owning property– what is the best property?
51:30 The future hope of America - the American identity
52:45 A loss of identity that leads to all of the woke ideas and problems
53:45 Finding God in the dessert - pointing out the “Pharaoh” - the tyrants and crisis and blaming the issue instead of facing their problems with a resolution
56:00 Throw away the idols that are holding us back and move away from the idols
57:00 Rediscovering our American and human identities
1:00:00 Have to fight through the plagues in America
1:05:00 Self-improvement brings peace and hope through gaining control in our life.
1:09:00 Investing in yourself is one of your greatest assets