What the Silicon Valley Bank Collapse Means for Your Money | Jaspreet Singh (Replay)
Tom Bilyeu's Impact Theory
Intro
This chapter explores the fallout from the Silicon Valley Bank collapse, assessing its wider economic implications and the looming threat of a recession amidst a housing crisis. It emphasizes the urgent need for awareness and understanding of financial shifts as individuals and businesses navigate this turbulent landscape.
Here’s how the second-biggest bank collapse in U.S. history happened in just 48 hours. Silicon Valley Bank closed its doors today. Within 48 hours, a panic induced by the very venture capital community that SVB had served and nurtured ended the bank’s 40-year-run.
For sure you’ve heard that millionaires are made in recessions, but how?
Jaspreet Singh is joining Tom for a second time to get you up to speed on what it takes to get wealthy during any recession. Jaspreet is the Minority Mindset guru and Chief Money Nerd at Minority Mindset Companies. He’s been creating financial education videos on YouTube for years and is breaking down all the reason you don’t have to be scared during a recession
Jaspreet is a voice of reason to remember that recessions are only bad or good in relation to which side of the equation you are on. This is a must watch if you’re trying to find the best route through a recession that has most people nervous and panicked.
[Original air date: 3-13-23].
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