Ep. 41 - The Tipping Point of a Financial Crisis - Bank Collapse Pt. 2
Are you worried about the recent collapse of two banks and the Federal Reserve's decision to raise interest rates? In this must-listen episode, Alex Stewart joins me to provide insights and strategies to help you navigate through these uncertain times. Now that new CPI readings have come in, we have new information on the impact the bank collapses are having, the actions of the Fed, the strategies of the current administration, and the unique opportunities this provides to savvy investors.
Are all the market fears founded? Jump right in and learn everything you need to know about the possible tipping point of this banking crisis.
[00:01 - 06:33] Exploring the impact of recent bank collapses and the looming actions of the Federal Reserve
[06:34 - 12:36] Fed pivoting? Banks to pass down the cost of inflation to consumers in the form of a "Silent Tax"
[12:37 - 19:07] We are entering a consolidation phase as the inflation battle is waged with lagging data
[19:08 - 24:59] Analogies to understand what the Fed is doing right now and victories in the mortgage industry
[25:00 - 32:35] Trillions of uninsured dollars in the banking system with the threat of devaluation due to government action
[32:36 - 43:48] The opportunities we’ve been presented with in real estate—taking advantage of low rates and cooperative sellers
Quotes:
“This is going to be different from ‘08… We didn’t have an inflation problem in ‘08, we have an inflation problem right now, and that’s going to change how this is approached.” - Alex Stewart
"The silent tax. That's going to be the implication… because inflation leaves no doubt. Here we just reinflated the system with every dollar we just put in there… We're putting more money back into the monetary citizen system." - Quinton Harris
"You get lulled to sleep thinking it's safe. Right? But it's an assumed risk… Everybody knew that this was the rules of the game."
“We’re at a tipping point right now, and we’re in big trouble if it tips the wrong way.” - Quinton Harris
"Now is the time. You need to get into real estate, whether it's investment, whether primary—you need to take advantage of that because you're going to have a window here where if you missed out, you're going to get back into the fives." - Quinton Harris
Resources Mentioned:
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