In this solo YouTube commentary, the host warns that a severe economic crash is imminent, arguing that we are already in a recession that has been underāreported. He contrasts the 2008 financial crisisādriven by banks and mitigated by government bailouts and tax cutsāwith the current situation, which he describes as a "perfect storm" of high inflation, supply shortages, Brexit, pandemic lockdowns, wars, rising taxes, and political instability. The speaker asserts that unlike 2008, governments are unlikely to rescue small businesses or cut taxes, leaving entrepreneurs and individuals to fend for themselves. He emphasizes that while the coming downturn will hurt the majority, it also creates substantial opportunities for opportunists, entrepreneurs, and investors who are liquid, investable, and can generate multiple income streams. Practical advice includes staying liquid, cutting nonāessential spending, ensuring price inflation outpaces cost inflation, and building recurring revenue. He repeatedly invites viewers to comment the word "toolkit" to receive a free set of resources (35 costāsaving tips, businessāscaling guides, incomeāstream ideas, digital and physical asset building, personalābrand monetisation). The video ends with a strong callātoāaction to share the message, highlighting that in recessions more millionaires are made than in any other period, and urging viewers to prepare now.
Chapters
The crash of 2008, but much worse, is coming. It's definitely coming. Now, in 2008, the banks caused the crash, and ironically, the governments bailed them out. In 2022 and beyond, because Technically, we are in a recession, and it's funny how that's slipped under the radar like lots of other important news. We are technically in a recession, but it's going to get much worse. Now, by the way, when I say much worse, I also mean much opportunity. Much opportunity will come in the next crash or recession for opportunists, for entrepreneurs, for value seekers, and for those able to adapt and pivot with the times. And I'm going to talk about that in a moment, but I want to tell you what I think is coming. Now, I will never predict when a recession is coming. Many people try, many people do, They mostly get it wrong. No one can predict when the recession is coming. Warren Buffett says you pretty much can predict what will happen, you just can't predict when. So cost of living is soaring. We had Brexit, then lockdowns and viruses, now wars. We have a massive increase in inflation. Double-digit inflation. We have huge increases in taxation, massive undersupply of resources. We have the most unique perfect storm of issuesā economic issues, world issues, political issues, warsā all coming to a head. So firstly, for a bit of fun, when do you think the recession or crash is coming? Do you think a recession or crash is coming? And if you do, when do you think it's coming? Let me know in the comments. That's purely for a bit of fun. It is coming. Why? Because everything goes in cycles, and the last crash stroke recession was 2008. Generally what happens is as cycles go round, the movements get bigger and bigger and bigger and bigger. So the reason I believe the recession coming, which we're already in but no one says, but the crash that's coming, which hasn't happened yet by the way, is going to be bigger and harder and quicker and worse because we have many more factors. In 2008, we only really had the banking crisis and the toxic repackaging of loans, etc. But we've got massive undersupply of resources like food, gas, oil. We've got cost of living soaring, inflation. We've got gas, electric, food, etc. Taxes going crazy. So we've got way more factors, um, that are probably going to lead to this next big crash. Yeah, Drummer Chris has said bit of fun. Haha, no, of course it's not fun. When a recession happens. I just meant we won't take each other too seriously if we guess. Paul says the next 12 to 18 months, someone else has said 6 months. When do you think the next recession or crash is coming, if you think it's coming? Now, I talk to watch dealers, car dealers, people who own assets, and people who've been in it for decades, and cycles can see it coming a mile off. I had a talk with someone yesterday who's seen 3 probably cycles of, you know, business booms and busts, and he says it's coming, it's coming big, it's coming hard, it's already started, and it's going to be fast. But the benefit is there's going to be many upsides to opportunists and entrepreneurs and people who want to create value. Eric reckons 30 days, Paul reckons 2026, Jules reckons it's imminent. Now I need to have a bit of a rant here. Please hit the share button. I think this is really important to share this message. You need to be ready for the next recession and crash. A couple of people have said, oh, Rob's got a bit doom-mongery recently. It's not doom, it's reality. And if you can prepare for reality, then you can leverage the upside of reality, but only if you prepare for reality. It is coming. Come on, get real and get ready. That should be a little phrase: get real and get ready. Okay, now the last time there was an economic recession of 2008, The banks caused it and the government reduced VAT. They have not reduced VAT this time. They dropped rates. They have not dropped rates this time. They even bailed out the freaking banks and it was the banks who caused the recession. Yet the government aren't bailing out small businesses, aren't bailing out companies. So basically you've got to get ready and used to the fact that the government aren't going to help you. I agree, Agris, it's complete bullshit. Well, what I think is bullshit is that in the last recession when the banks caused the crisis, the banks got bailed out, VAT got reduced, rates got reduced, taxes got reduced, and there was support. There was support for entities and banks that didn't friggin' deserve it. And now the employee, the small business owner, the entrepreneur is not getting any friggin' support, and they deserve and need it the most. This is wrong. I am pissed off. And if you agree, hit the share button because we need to get this message out there. However, yes, I can rant about it, yes, I can do lives, yes, I can get millions of views, and yes, you can share. But in the end, if we shout and scream at the government and they do nothing, then we have to also take action ourselves. Ayanna's completely right. The stock market has come right down. Bitcoin has come right down. Assets are starting to drop, although secondhand cars and watches and properties are still high. They've still got to go. So this is why I don't think it's here just yet, but it's coming. Okay, right. So here's what you can do. You've got to be liquid, you've got to be investable, you've got to be financeable, and you've got to be ready. Because when it drops, it'll drop fast. And watches and cars and houses and the stock market and Bitcoin, they could come off a cliff, and then you could have a great buying opportunity. So next thing is make sure you only spend on essentials, uh, and then save and get ready to be liquid to invest when the next recession comes. The next thing is, um, price inflation versus cost inflation. So right now your cost inflation is going up and up and up and up and up, about 10% or more. Your cost of living is soaring. Do you know, pound for pound, your spending power is as low as it's been since the Second World War? But price inflation is where you're able to up your, your wages, get a part-time or a second income, or increase your prices, or create more valuable products and services, and/or sell more. And/or sell more. And these are the things that you can do to not just get ready but be ready. Now, if you'd like some help from me, just write the word toolkit in the comments, because I've built a financial toolkit for you to not just survive but thrive in this cost of living crisis. 35 ways to save up to half your salary in cost per year. How to start and scale a business. How to create multiple streams of recurring income. How to build assets, digital assets and physical assets. How to monetize and build a personal brand and monetize social media. These are all resources I've got for you for free. I won't charge you for them. In fact, I'll give you a weekly resource update If you just write the word toolkit in the comments, this is my gift to you, support you in these challenging times. So just do that, and I will reply throughout the next probably 3 days because it's going to take me quite a while to get, get through to everyone. Um, now there is a recession and a crash coming. For fun, i.e., I won't hold you to it, how long do you think it will be before the next crash or recession is coming? I'm not going to predict when because you can't, but you're seeing the signs already. Cost of living crisis, interest rates low, inflation really high. These are signs. Bitcoin crashing, stock market crashing, struggling small businesses which fund the entire public sector. It's the private sector that funds the public sector. The signs are there, but secondhand cars, watches, properties are still very high. So I think it's still got a bit of time, but when it drops, it'll drop quick. It takes a long time to grow and a short time to drop, generally speaking. And when it drops each cycle, it drops harder, generally speaking. So if you could share this, and let's get the message out to many, as many people as possible, to not just get ready but be ready. I'm not doom-mongering and doomsdaying. I'm telling you to be ready because 90% of the population will get really hurt by the next recession. And it could, by the way, be bigger than a recession. It could be a depression. It's going to be bigger than the last one. However, 10% of you, of us, 15%, 20% of us, we're going to see the opportunity. We're going to be creative, resourceful, and liquid. We're going to invest in assets that are 20, 30, or 40% less than they were at the peak of the cycle. We're going to create valuable and useful products and services and solutions that are going to help people through recessionary or even depression times. And so generally speaking, professional investors, they make money when they buy, and more millionaires are made in a recession than any other time. So it could be a huge opportunity. So quick summary, hit the share button please. Also write toolkit in the comments and I'm going to give you 7 or 8 financial resources to not just survive but thrive in these challenging economic times. I'll give you links to them. You can gain my 35 ways to save up to half your salary in costs, how to start and scale a business, how to create multiple streams of recurring income, digital assets, and monetize social media and grow your following so that you can build a business. Now, right now, we have got cost of living prices soaring, inflation at seemingly decade high. Pound for pound, your spending power lowest since the Second World War. We've got gas and energy and electric soaring. We've had Brexit, then vaccines and lockdowns and viruses, and now wars. When have we had such a perfect shitstorm? That tells me the recession is coming, and it's going to be huge. And I have to be honest and warn you, The government are not going to help you. I can't see it. In the last recession, which was caused by the freaking banks, the, the governments bailed out the banks. The banks caused the recession, the governments bailed them out. This recession won't be caused by employees and employers and small business owners and entrepreneurs, yet they won't get bailed out or supported. That was obvious with lockdown 1, 2, and 3. Last time in the recession, they dropped VAT, they dropped rates. They're not doing it this time. So the government aren't going to help you, you're going to have to help yourself. Just got to get real about that. But I'm going to rant every single day to get the government to reduce VAT, to reduce corp tax, to reduce income tax, to increase support and subsidy for start and scale-up entrepreneurs, to encourage production, encourage growth, encourage employment. I won't shut up. I never will shut up. Sorry, haters. I'm going to try and do my bit, but you must also take personal responsibility. Be investable, be liquid, be ready for when the market drops. Only spend on essentials right now. Save and then save to invest. Make sure your price inflation, i.e. the cost of your products and services, the production of your products and services, and your wages and overtime and commissionsā make sure your price inflation exceeds your cost inflation. Start your second income, start your business now. Now is the time. Thanks for tuning in. Hit the share button now. Let's get this message out to as many people as possible. This recession is coming, and it could be a 10-year depression, who knows, but it's going to bring massive opportunity for the entrepreneur, for the person who can see the opportunity. And I want that to be you. Just write toolkit in the comments, and I'm going to give you free access to 7 resources to help you start and scale your business, save money, make money, create recurring income, digital assets. Just write 'talk it' in the comments and I will respond to you as quickly as I can. Hit the share button now. And remember this: if you don't risk anything, you risk everything. The recession is coming. It's going to be hard times for many, but times of great opportunity. More millionaires are made in a recession than at any other time. You always want to buy asset prices after a crash, not just before a crash, and that's coming. So there is positivity, there is upside, and there is opportunity. For those of you that have been saying I've been a bit of a doom monger recently, I like to say it how it is. I amā yes, I am a positive guy. Yes, I am glass half full, but you have to be realistic too, to be able to then spot the opportunity. Thanks for tuning in, and remember, if you don't risk anything, you risk everything.
