3min 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 Complexity of Value Investing

Apple would have sold those assets on false representations, regardless of whether they knew at the time that they were going to launch the iPhone 11. Most US banks are near insolvency or already technically insolvent. Sovereign defaults are at an all time high with 14 in the last three years versus 19 in the previous 20 years. Millionaire migration to the US has dropped by 86% in the last 3 years and central banks are buying a ton of gold.

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