Episode Details

A Recession Is Coming

Season 1 Episode 215 Published 7 years, 4 months ago

#215: The economic recession is inevitable. How are you positioned for it?

Recessions are awful. Jobs are lost, careers are thrown off-track, families are disrupted, homes are lost.

The U.S. is now in its second-longest expansion since 1857 (not a typo). It will end.

I define a "recession", WHEN the next one is expected, and what actually happens inside one.

Next, I run the numbers and tell you about a recession's destruction.

5-6 economic signals foretell the next recession's timing. I discuss these signs.

Learn how a recession could actually be good for you.

Something is more important to you than the economy's condition. I discuss.

Learn actionable strategies to insulate yourself against recession.

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Listen to this week's show and learn:

02:25 Recession defined.

04:47 Timing of next recession.

07:35 Running the numbers on how a recession hurts you.

11:49 Five or six signals of a recession.

21:50 Actionable layer of insulation against recession: medical districts.

27:28 Perspective: other world problems.

29:18 Fears.

30:00 What YOU DO matters more than the economy's condition.

Resources mentioned:

Videos: GetRichEducation.tv