WTFinance

Worst Market Crash in 50 Years? with Economic Ninja


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Interview recorded - 6th of February, 2023

On todays episode of the WTFinance podcast I had the pleasure of speaking with  @EconomicNinja .

During our conversation we spoke about the overview of the auto and real estate industry, thoughts on the current markets, how we could experience the worse crash in 50 years and how you can prepare to become wealthy during that period. I hope you enjoy!

0:00 - Introduction
0:54 - Overview of auto industry and real estate industry?
3:25 - Being forced to sell
4:50 - Expensive car market is collapsing
7:35 - Thoughts on current markets?
9:50 - Disinflation still high inflation
12:05 - Interest rate increases continues to remove buyers
13:25 - Things are going to get much worse
15:00 - International investment in real estate
17:00 - Any reason why we wouldn’t go into a recession?
21:05 - One message to takeaway from our conversation

Economic Ninja has been an entrepreneur since he started selling candy in the 6th grade. He thrived on challenges, economics and business. He "flipped" quite a few homes in the early 2000s and has owned multiple rental properties, so he has a lot of personal experience with real estate transactions, loans, remodelling homes. He has "a super human thirst for economic knowledge." He spends many hours every day listening to and reading articles on market trends, interest rate cycles, and all aspects of economics and the world of finance.

Economic Ninja -

YouTube -  @EconomicNinja  
Twitter - https://twitter.com/economyninja
Instagram - https://www.instagram.com/economic_ninja/?hl=en
TikTok - https://www.tiktok.com/@economicninja

WTFinance - 

Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas

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