Tom Bilyeu's Impact Theory

A Great Depression Worse Than 2008 - Survive & Thrive During The New Economic Reset | Arthur Hayes PT 1

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Oct 3, 2023
Arthur Hayes, co-founder of BitMEX and macro-investor, dives into the potential for an upcoming financial crisis that could eclipse the Great Depression. He discusses the risks of soaring national debt linked to rising inflation and the geopolitical instability stemming from the conflict in Ukraine. Hayes argues energy costs are vital yet overlooked in this equation, while emphasizing how government policies can lead to economic turbulence. His insights on navigating these challenges provide a fascinating blueprint for surviving a financial storm.
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INSIGHT

Impending Financial Crisis

  • A major financial crisis, possibly worse than the Great Depression, is predicted by Arthur Hayes.
  • This will follow the largest bull market since World War II, driven by government intervention and money printing.
INSIGHT

Hydrocarbon Dependence

  • Human civilization's progress depends on hydrocarbons, primarily oil, says Arthur Hayes.
  • Current energy alternatives are less productive, making it mathematically impossible to grow out of current debt levels without increased energy production.
INSIGHT

Geopolitical Instability and War

  • Western nations consistently aim to keep Eurasia divided, according to Arthur Hayes, mirroring historical geopolitical strategies.
  • This has led to proxy wars like the one in Ukraine, driving inflation and contributing to the financial crisis.
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