4min chapter

Tom Bilyeu's Impact Theory cover image

Emergency Episode: Why This Financial Crisis Is Worse Than 2008 | Balaji Srinivasan Pt 1

Tom Bilyeu's Impact Theory

CHAPTER

The Negative Emotions That People Have Out of Talking About Debt

The debt that causes this collapse. I don't think any group of people can stay emotionally sober for long once they've lost sight of the people who built the thing. Once you've had enough people that have inherited the country working well, it is guaranteed to devolve into these choices that happen around debt. The goal is to be neither a pessimist nor an optimist, but to be just a realist. And if you're a realist, then you're not a Pollyanna. Right? Like it's on a doomer to say, oh, there's a wall in front of you might as well turn the car. That's being smart, right? And it's

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode