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I just got off the phone with one of my friends who was kind of panicking. He said, "Jospit, the economy as we know it is going to collapse because AI is going to destroy the job market, creating unrest. We are going to see all these changes with the United States dollar because people are losing trust and faith in the United States dollar. And now with the United States entering all these geopolitical conflicts with Iran and other things happening in the world, it's going to create unrest. So what should I do? Should I take all my money and go out and buy gold because I'm scared?" And I kind of laughed and I said,"Well, let's take a look at history." Because the best way to understand what might be coming is to
take a look at what has happened in the past. Because while history doesn't exactly repeat itself, it does rhyme. And the reason why I'm making this video is because I feel like a lot of people are feeling that source of anxiety or that kind of concern about all these different things happening in the economy. There have been two major periods of technological shifts in the United States over the last 100 years. The first was in the 1920s. The second was in the 1990s. In the 1920s, we saw this technological advancement called electricity.
Companies around the country were now taking on electricity and people were concerned because now we saw mass manufacturing. What is it going to do to jobs? What's going to happen? And in the 1920s, we saw something called the Roaring 20s, which was a period of economic boom. The stock market was booming. People are getting rich. The economy is growing at rates that people have never seen before. And it was excellent. And then came 1929, which was when the Great Depression hit. Valuations got too high. There was too much debt. People were spending too much money. And then the bubble burst. And then in 1929, markets came down, the economy went down, unemployment went up, and people were going through this period of economic pain.
Then what we saw happen in the 1990s was the internet. The internet was taken over the economy by storm. The entire economic system as we know it changed because now companies were able to sell their products on the internet instead of in person. Amazon took over Sears. We saw Netflix take over Blockbuster. So it was a big economic change. But again, the internet stocks and the stock market was booming in the '9s. people were becoming wealthier than ever before and then came the year 2000 and the dotcom bubble burst and then we saw a crash in the markets. But in both of these instances, what most people focus in on is that boom and then downturn that there was this big bubble and then it
burst and it caused all this pain in the economy. But as a financially savvy person, what I want you to also focus in on what happened next. Because in both of those instances, yes, there was pain, but it also created some of the biggest and best buying opportunities in the history of time for the people that were prepared and financially educated because now you could come in and buy great investments at a discounted price. We saw the stock market get cut in half. We saw tech stocks fall by 70 to 80%. And all of these things, yes, they create pain, but they also create opportunities for the financially savvy. And that's the part that I want you to
understand. The people that get hurt in the economy are the people that panic. The people that are not prepared, the people that are overleveraged, meaning are investing in things they don't understand, especially with debt. And now when you start buying things with debt, meaning margin, you don't know what it is that you're buying. You're buying things because you read it on CNBC or Reddit or you're asking Chat GBT and now you just start buying random stuff because you think you're going to get rich. That type of panicfueled investing is gambling. And that is the person that is first to lose their money when things go down. And when you just constantly chasing those hot things,
guess who is the one that's constantly losing money? You. And that's the part that you want to understand is that when you start to look at history, you can start to see the opportunity time and time again. We can also take a look at the dollar because we've seen this happen in the past. By the way, this is why on June 16th, I have my live investor workshop where I'm going to be going over not just how these changes are happening, but how these changes create specific investment opportunities and how you can use them to grow your wealth even faster. So, if you're an investor or you want to be an investor, I invite you to join me on June 16th. And as a bonus, when you sign up, you're
also going to get access to Market Briefs, which is my newsletter for investors. It's at 12:00 p.m. Eastern time, noon. My software has a limited number of people that can actually join me live. So, if you are an investor and you want to see how you can invest your money better and grow your wealth faster, invite you to join me on June 16th. That link is for you down in the description below. Let's talk about the dollar because here's the reality. There are concerns about the dollar. We have $39 trillion worth of national debt. The United States government is spending more money on our national debts interest payments than it is on our entire military. And news flash, we spend a lot of money on our military.
Not just that, we have this growing concern that we are spending a lot of money that we don't have year after year during a time that we're not in a recession. I mean, our economy in 2026 is supposedly some of the strongest ever. And if it's so strong, why do we need to continue stimulating our economy with so much government spending, which has people concerned? Because what happens if we do enter a recession? How are we going to get ourselves out of a recession? Because normally what we've seen happen, we can take a look at 2020 or 2008 or even 2000. When those recessions hit, whether it was the pandemic or the great financial crisis or the dotcom bubble, the way that we got ourselves out of the
recession was the government stimulated the economy because of the money printing through our central bank. Well, here we are today and we're already stimulating the economy. The government is spending $2 trillion a year that it doesn't have. That's$2 trillion dollars of stimulus. And in order to fund that $2 trillion dollars of stimulus every year, the government has to borrow that money. Well, who is the government borrowing this money from? It borrows it from people like you and me and private institutions and foreign countries. But there's not enough money being lent to the United States government. So, the
government has to work with our central bank, the Federal Reserve Bank, to get that money printed. And anytime you print more money, well, that dilutes the value of the dollar, which causes more inflation. So you can start to see concerns about inflation. And this is where people say, "Oh my god, the dollar is going to collapse. You should just own gold, own Bitcoin, and transfer all of your money there." Well, here's what you also want to understand. History has shown us how this has played out in the past. In the 1970s, what we saw is that our debt to GDP ratio in the United States was about 30%. which means our national debt was about 30% of our economy. Pretty healthy relatively, but it wasn't always that case. That's
how it was in the mid1 1970s. But if we go back to the mid 1940s after World War II, we had a debt to GDP ratio of about 120ome percent. Because we had just got out of World War II, the government spent a lot of money we didn't have. There was a lot of spending and stimulus going on which brought us to a debt to GDP ratio of over 120%. So we were underwater in the 1940s. We then grew our economy faster than the debt over the next few decades. In the 1970s we got to a debt to GDP ratio of around 30%. Today in 2026 our debt to GDP ratio is around 130. Again another problem. So the question is what's going to come next?
Are we going to see a repeat of what happened after the 1940s where the economy grew faster than the debt or are we going to see something else? And this is where again most people study only the last 10, 20, 30, 40, 50 years. But you could start to study larger macroeconomies over what's happened over centuries. And somebody who has posted a lot of research on this is a guy by the name of Ray Dallio. If you don't know who Ray Dalio is, he's the founder of the largest hedge fund on the earth called Bridgewater. And one of the things that he talks about is his principles. That's the name of his books. And he talks about how if we take a look at every great empire in history, they go through this cycle. And
generally the cycle is somewhere between 50 to 100 or 125 years, which is why most people don't even know that it happens. And every great empire starts by becoming the world's reserve currency. And then you are very strong. And because of the world's reserve currency, you can use debt to grow productively. So you start to grow, you become a stronger empire, you become more productive, you become even more powerful. And then you hit this point where things start to turn. And as things start to turn, well now it feels weird because your economy is slowing and you're losing status. So what do you do? print more to try to produce more wealth. But you cannot print more wealth. You can just print more currency
which ultimately creates more inflation and creates more problems. And now what you start to see happen is during this downturn, you start to see a lot more money printing. You start to see a lot more debt as a way to try to keep the economy moving, to try to keep people excited because there's all this money entering the economy to kind of keep people this facade of being rich. And then what you start to see happen is more conflict. You see more conflict internally as people start to feel like, hey, I'm making more money, but I'm not becoming wealthier. Wages are not keeping up with inflation. And then you start to see more external conflict because now the country tries to number
one distract against the concerns about the currency problem. And as the United or a country tries to work to spend money on something else because military and war is big business and that's when you start to see the tail end of a switching of currencies. We saw it happen before the United States with the British pound. The United States dollar was not always the world's reserve currency. Before the dollar it was the British pound and their economy went through the same thing. Before them it was the Dutch Gilder. So we see these cycles happen and they played out in the past. And this is where a lot of people say either A the dollar could never lose its status as the world's reserve currency because there's no replacement to the dollar or
they say B the dollar is going to collapse. I need to get out of the dollar right now. And the thing you have to remember and understand is that this shift doesn't happen overnight, but it's happened in the past and it's going to happen again in the future. Is it going to happen tomorrow? No. Is it going to happen next year? No. Is it going to happen in two years? No. But it could be happening in many years, years into the future. How many? Nobody knows. But these are slow shifts that happen. And a lot of people get very excited and they panic and then they start to make all these rash decisions. But the thing you want to remember is that our economy has played out like this in the past.
And we could see a situation where the United States gets its act together. They get the debt in control. The economy grows faster than the debt and now the dollar becomes healthier. This depends on what the Federal Reserve Bank does. It depends on how the government spends money. There is a world where we can essentially extend our lifespan. Where Radelia says it's kind of just like taking care of your health. You can have health issues. Everybody knows they're going to die, but if you're exercising and eating healthy and doing the right things, you can extend your lifespan. If you don't, well, you shorten your lifespan. And so there are things that the country can do to extend
its lifespan. The question is will we? Now at the end of the day again you can panic and make decisions or you can understand how history has changed things in the past. That way you can move your money accordingly. This is one of the things I'll be talking about on my workshop on June 16th. So if you haven't registered for that again I encourage you to do so. But this is where it is so valuable to study history to see how money has moved in the past to understand how you can allocate your money in the future. Because at the end of the day, it costs money to eat and it costs money to feed other people, right?
We need money. Well, how do you get that money? Option number one is you can go to a job and work to get that money. That's how most people have to start. Well, you can't become wealthy off your salary alone. Period. Doesn't matter how much money you make because if you stop working, you stop getting paid and you still need money to pay your bills and eat. So what do you need to do? You need to own assets. Now you can build your own business, but that's not practical for everybody. So you need to be able to turn your salary into assets. And instead of building the business, what you can also do is buy the investments. And so now you want to do is take your
money and you want to own investments that can grow in value. Well, over the last six years since the pandemic, one of those investments that has done extremely well is gold because people have been concerned about inflation. They've been concerned about the dollar. They've been concerned about the economy. So, we've seen gold prices boom while central banks around the world have also been working to buy a lot of gold because they want to compete against the United States dollar. And this is where now I want you to understand investing as a whole. Because as an investor, what do you want to do? You want to own what will be more valuable in the future.
Well, gold doesn't actually do anything. When you buy gold, it sits there and looks back at you. Doesn't actually produce value. Now, you can say you can use gold in jewelry. You can use it in certain parts of the economy. Sure, but that's very minimal. People buy gold as a hedge, meaning they buy it as insurance against something bad happening. That's why people buy gold. And there's only been about five periods in the last 100 years where gold prices have outpaced the stock market. It happened during the Great Depression time. It happened during the 1970s stagflation time. It happened during the 2000.com bubble bursting. It happened during the 2008 crash. And it happened during the 2020 pandemic era until now.
So yes, gold prices have been growing faster than the stock market. But it doesn't guarantee that gold prices will always grow faster than the stock market. Gold goes up when people are worried about the dollar. Gold goes up when people are worried about inflation. Gold goes up when people are worried about the economy. When those worries are not there, then gold prices go down. Gold prices don't always go up. Just take a look at what we've seen happen after the 2008 crash. In 2008, the stock market crashed and the housing market was collapsing and the government then started stimulus. we started quantitative easing which meant uh the
Federal Reserve Bank was now printing insane amounts of money. Well, when that money printing and stimulus was happening in 2008 to 2012, people were worried about inflation. They were worried about hyperinflation. They were worried about the dollar. They were worried about the economic system as we know it collapsing. So the stock market went down, the economy went down, gold prices went up and they stayed up between 2008 until 2012. When in 2012, what happened? People stopped being so worried about inflation and the economy because that's when people said, "Oh, we're getting out of this economic mess. It looks like the dollar is going to be okay. The economy
is going to be okay." The stock market was breaking new record highs. The real estate market is turning around. Gold prices crashed and gold prices stayed down from 2012 to 2013 to 2014, 2015, 2016, 2017, 2018, 2019 until 2020. What happened in 2020? The pandemic hit. Along with the pandemic came a lot of money printing, a lot of stimulus and a lot of worries about inflation and the dollar, which is why gold prices started booming again. And gold prices have stayed up since then because those concerns about inflation and the dollar haven't gone away. And this is where I want you to understand that gold has a place in people's portfolios. But you have to understand how it has a place.
For some people, they believe that the economy dollar is going to collapse. So I just want gold. I'm not here to tell you what to believe in. I'm not here to tell you how to invest your money. I'm here to help you be a better investor as a random guy on YouTube. For others, they want to own things that are producing value. And gold is more of an insurance. It is a protection where gold is a small piece of the portfolio, maybe just two or 3% of the total investment portfolio. Like for me, I don't recommend what I do for anybody else, but gold is 2% of my portfolio because I see it as a hedge against doomsday, against inflation, against bad things happening. I want to own things that are producing value, which are
things like real estate, things like stocks, things like businesses, things that are actively working to produce value for others. So now, as you start to go through different things happening in the economy, a lot of times you will hear people say, "This time is different. This time is different because of changes with AI. This time is different because of changes with oil. This time is different because of inflation. This time it's different because of our national debt. Well, we've seen each one of these things play out in the past. And now as you start to study history, you can understand that, oh, we don't need to panic. We can actually find opportunity. And there's opportunity in
every single market. I call it ABB. Always be buying because there's opportunity when markets are going up. There's opportunity when markets are going sideways. There's opportunity when markets are going down. When markets are going down, that creates some of the biggest and best buying opportunities ever because now the people that are financially savvy, who are prepared, meaning have money, they can go out, buy good investments when they're on sale. We've seen this happen time and time again. 2022, the stock market fell by about 20%. It was a great buying opportunity. 2020, the stock market fell by 40%. Great buying opportunity. 2008, the stock market fell by 50%. Real estate fell by 90%. Great buying
opportunity. 2000 internet stocks fell by 75 78%. Great buying opportunity. So when you understand that downturns create opportunity, you start to look at them very differently and you stop making emotionally driven decisions because the way that I like to operate is ABB always be buying. buy when markets are up, sideways, and downwards. And be prepared for the downturn. What does be prepared mean? It means have money and have the research of knowing what to buy. But that means just being prepared, not spending all your money. You're always buying. So, you're putting money into the markets, but you're also putting money aside waiting to be invested. That's what the best investors
in the world have done. Take a look at Warren Buffett. Warren Buffett, who is now retired, but his firm is sitting on the largest cash pile ever. And this is where a lot of people say, "Oh, Warren Buffett is not investing because valuations are so high." Well, that's not exactly true because they're still buying aggressively. They're just prepared for when markets go down. Because when markets go down, they are going to be ready to attack and they're going to make a lot of money because they're going to buy a lot of good investments when they are on sale. But that doesn't mean they don't buy investments now. They're still buying. And that doesn't mean they're not holding on to investments. Yeah, they're
holding on to a lot of investments. So, you want to be able to cut past the headlines, cut past the emotions, and then be able to find the opportunity. That's what being a financially savvy investor is all about. There's a lot of emotion out there. There's a lot of opinions out there. That's why I try not to tell you what to believe. but try to show you how to think. That way you can come up with the best decisions for you, your family, your community based off of your risk tolerance, based off of your goals. But at the end of the day, the way you become wealthy is by becoming an investor. You're not going to be able to time the market because nobody knows when the market is going to go down.
Everybody has an opinion. I'm going to make a video shortly about how Bank of America believes that the market is going to crash this summer. Everybody has an opinion, but nobody knows for sure. And the thing you want to know is how can you build wealth regardless of what's happening? And when you start to understand that and you start to think about it that way, now you can work to ABB always be buying. You can understand poop for when markets go down. Panic leads to overselling leads to opportunity leads to profit. When you understand that part of poop, well, now you just were to be prepared. you had the cash and you work to research to find the right opportunities and now you can build wealth regardless of what type of
economy that you're in. That's how the financially savvy operate. So instead of trying to panic, instead of freaking out about all the things happening, I want you to find the opportunity because there is always opportunity regardless of what stage of the economy that you're in. And the way that you can do that is by understanding where the money is moving. This is where your research is. Anybody can do it even if you're not a professional. If you invite join me on my workshop on June 16th, you'll see how we're doing it. That way you can get some behind thescenes information on how you can do it yourself as well or how we
can help you do it. I'll be showing you some cool stuff that we've been building as well. But when you understand the systems now, you start to become less emotional and you'll start to see that, oh, all these headlines are there to generate clicks. Now I can go deeper and understand the analysis as to where the opportunity is. So what we talked about in this video, a lot of changes happening in the economy with AI, changes happening with the dollar, changes happening with geopolitics. It creates a lot of emotion, but it also creates opportunity. And what you want to understand as an investor is how you can find the opportunity through all the changes, not how you can find the panic through all the changes. If you got value out of this video, the best thank
you was a referral. So if you could, please share this video with a friend, family member, colleague, or fellow investor. That way we can continue to spread this type of financial education. Thank you. President Trump is now unleashing the biggest AI push the world has ever seen. America is the country that started the AI race. And as president of the United States, I'm here today to declare that America is going to win it. In plain English, that means hundreds of billions of your tax dollars are
