Since Silicon Valley Bank crashed, I keep an eye on the banking system and the stock of the ones facing bankruptcy as the recent First Republic Bank. I believe the next ones will be Pacific Western Corp and Western Alliance according to their recent stock price crash..
Yesterday I decided to watch the recent interview Thomas Bilyeu did to Ray Dalio after reading a tweet from Balagi. I recommend anyone willing to deeply understand what we may be facing to watch it in order to be prepared.
If you want to get deeper into Dalio's explanation of his conclusions, you can take a look at the video he published about recently; Principles for Dealing with the Changing World Order, and his accompanying webpage where he clearly explains why he strongly believes a big crisis is around the corner.
All in all, one of the fast conclusions is to invest part of your cash in assets such as stocks, gold, or crypto, as the value of the USD and other fiat currencies will be reduced due to inflation. I strongly believe due to globalization, we may face a stronger crisis than the ones we have seen in the past.
