The Realities of Money, AI, and the 2024 Recession | Raoul Pal PT 1

Is this the end of civilization as we know it to be, or the beginning of untapped unimaginable outcomes for all of us? Raoul Pal has become a legend in global economics as one of the most successful former hedge fund managers (retired at 36), and one of the most brilliant thought leaders that thoroughly understands how to navigate and explain the complexities of the global financial markets. And as the macro economist that Britain called on for help, his insights into the current recession, global economy, and volatile markets are well respected. In today’s power-packed episode, we go deep into crypto, AI, and the future of technology and the economy. We touch on: - The impact of the debt cycle and hyperinflation - Potential breakthroughs in the tech sector - The unstoppable nature of technology marked by AI models - The natural cycle of recessions - What kind of economic threat A.I. could be to the global economy Raoul takes us through the complexities of the current economic system, how companies operate during downturns, his predictions for the coming economic cycles and housing markets, and why investing in technologies and cryptocurrencies may be the saving grace in this tumultuous economic construct. SHOW NOTES [0:00] The secular trend within the cyclical trend [38:10] How money becomes worthless [1:10:01] Recession is already here [1:50:22] Population collapse problem [2:21:36] The AI takeover is here [2:47:56] Assets outside of fake money CHECK OUT OUR SPONSORS Go to impacttheory.co/shopifypodJuly24 right now and sign up for a $1 per month trial. Explore the Range Rover Sport at https://www.LandRoverUSA.com Get 5 free AG1 Travel Packs and a FREE 1 year supply of Vitamin D with your first purchase at impacttheory.co/AG1pod. Secure your digital life with proactive protection for your assets, identity, family, and tech – Go to impacttheory.co/aurapod to start your free two-week trial. Go to impacttheory.co/quickbookspod below to get 50% off 3 months of Quickbooks Payroll! Follow Raoul Pal: Website: https://www.realvision.com/ Twitter: twitter.com / raoulgmi LinkedIn: linkedin.com/u/ raoul-pal-real-vision YouTube: https://www.youtube.com/@RealVisionFi... FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu LISTEN AD FREE + BONUS EPISODES on APPLE PODCASTS: apple.co/impacttheory What's up, everybody? It's Tom Bilyeu here. If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu’s Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. Learn more about your ad choices. Visit megaphone.fm/adchoices