Today our hosts dive deep into the potential looming economic crisis as the U.S. unemployment rate rises for four consecutive months—historically signaling an impending recession. With household debt skyrocketing to $17.8 trillion, now is the time to rethink your strategies, both in business and personal finance. Whether it’s exploring recession-proof investments, understanding the stock market's recent turmoil, or navigating the political landscape just 88 days out from the presidential election, this episode covers it all.

Join us as we break down the state of the world, offer actionable advice for thriving in uncertain times, and remind you of the importance of staying informed without succumbing to the chaos. Plus, we tackle the emotional toll of consuming too much negative news and share practical steps to stay grounded and focused on what really matters.

If you’re interested, here are the books Mike talked about “The Fourth Turning”:

The Fourth Turning: An American Prophecy

The Fourth Turning Is Here: What the Seasons of History Tell Us about How and When This Crisis Will End

Timestamps:

00:00:00 Teaser

00:00:36 Intro

00:01:55 State of the World

00:13:31 Upcoming Presidential Election

00:27:31 The Stock Market and Potential Recession

00:58:02 The Fourth Turning - Is There a Looming Crisis for the US?

01:02:02 Becoming Recession Proof & Becoming a Savage

01:14:44 Outro

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We eagerly await your feedback about the show! Kindly share your thoughts via text message at this number: (844) 447-1555.

Mike Ayala:

Instagram: https://www.instagram.com/themikeayala/

YouTube: https://www.youtube.com/channel/UCoa4pNSAYxBM6nSn2jCrPYA

Website: https://investingforfreedom.co/

Ashish Nathu:

Instagram: https://www.instagram.com/ashishnathu/

YouTube: https://www.youtube.com/channel/UC1TXia_kxtVVCV29jmoTmeg

Website: https://www.therichequation.com/

Matt Aitchison:

Instagram: https://instagram.com/officialmattya

YouTube: https://www.youtube.com/@officialmattya

Website: https://www.MillionaireMindcast.com

Aaron Amuchastegui:

Instagram: https://www.instagram.com/aaronamuchastegui/

YouTube: https://www.youtube.com/AaronAmuchastegui

Website: https://www.aaronamuchastegui.com/