Global recession is being talked about literally everywhere. Between the gas pump and groceries alone you can’t help but feel the tension rising.

Raoul Pal, a former hedge fund manager that retired at the age of 36, serial entrepreneur, and global macro investor expert is joining Tom for a second time to discuss the realities people need to be aware of to thrive in a global recession.

A word of wisdom he shares that was passed on to him is, “he who has cash in a recession is king.” The bottom line Raoul is openly sharing is that income and the ability to advance on opportunities makes all the difference.

“Buy when there’s blood in the streets, even if the blood is your own.” - Nathan Rothschild

Having a solid work ethic, a strong (and maybe unreasonably optimistic) belief, coupled with income and the knowledge to look for moments of extreme weakness to buy and make moves, without leverage, against opportunities can get you to the other side of this crisis potentially better off than when it all began.

You get to decide what to focus on. Will it be the existential global crises or the opportunities most are too scared to see or take advantage of?

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SHOW NOTES:

0:00 | Introduction to Raoul Paul

1:10 | The Makings of a Global Recession

12:30 | Money Market & Loanable Funds

21:00 | Debt and Leverage Explained

32:56 | Stopping the Economic Implosion

47:23 | Death of the American Dream

54:47 | Opportunity for Growth

1:09:36 | Thriving In Volatile Markets

1:18:39 | Changing Global Order

1:28:37 | How Raoul Increases His Options

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