The next great depression could be fast approaching and with the word recession still being thrown around by experts, let's discuss how you can best prepare for the coming crisis!
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By Stock Chat

where the coffee is hot and so is the chat

33 thoughts on “The next great depression is here how to prepare”
  1. Avataaar/Circle Created with python_avatars Owam Cosmas says:

    Sir, the bible says that in these last days, it will be the time of trouble that has not happened since the beginning of the world. It is that bad, and a prophet of God, Ellen White (1827-1915) was given in vision that thousands will die in the China, India, Russia and in the cities of America, So if God says it, it will happen. Another factor that causes famine is a natural disaster. The bible has prophecied that there will be an earthquake according to Matthew 24. If you observe closely to God's prophecy of the 'beginning of sorrows' in Matthew 24 which we are currently in that timeline, you will notice that there is war, disease, famine and earthquakes in various places. Disease is fulfilled through C19 and its variances, War is still going on, global famine was announced on September by analysts and earthquake is next, what you should notice is that all these catastrophes are kind of global in some way, so the only thing left to say is the earthquake will affect the world globally and enhance famine. You ask yourself that war, famine, disease and earthquake has always been there? Well Gods prophet Ellen G White differentiated these catastrophes by stating that, the catastrophes in Matthew 24 will happen frequently and an event will follow the other. As we observe the world this is happening right now. The world including rich countries like America should brace themselves from death of starvation and natural disasters like earthquake, and here's how God tells us to prepare. He commands us to flee from the cities and off to the mountains. God's prophet Ellen White cuts this into detail and through God tells us that we should have retirement homes in solitary places away from cities and villages but should also have easy access to the cities. This can be a cheap plot of land, a small house and some land to plant vegetables and to have a poultry. Its best you read her books called Country living and Great controversy which will give you a blue print from God of what will actually happen in the near future. After all we humans can do our very best to predict the future from past experiences and sometime get it right or wrong just like predicting stocks, but these events are best known to God and they always come true so that you believe in him and be saved.

  2. Avataaar/Circle Created with python_avatars Mike Wazowskii7 says:

    Yes, but how did u draw 2 perfect circles? Lol

  3. Avataaar/Circle Created with python_avatars Mohmmed Saif says:

    he is underrated

  4. Avataaar/Circle Created with python_avatars SizeMatterz says:

    You give very solid advice, but the click bate titles are getting a little out of hand and it's borderline fear mongering. It's unfortunate that nearly all investment gurus manipulate their audiences for more engagement, but you gotta hustle the people that don't know any better for money I guess. Integrity is for the poor….

  5. Avataaar/Circle Created with python_avatars WhiteArtsMagic says:

    Do you really think we are in a depression? That does not seem right

  6. Avataaar/Circle Created with python_avatars Leonardo Abdalaziz says:

    Thank you Mark, wishing you the best❤.

  7. Avataaar/Circle Created with python_avatars GuruChaz says:

    We're coming up on another Election Day here in the states on Nov. 8th and everyone is on edge. Our state of affairs right now is in the pits and some seem to like it that way or don't care. Others are trying to do what they can to dig out of it by elections or whatever. Also, what is going on in China? They completely escorted Xi Jinping's opponent out and I haven't heard if the guy has ever been seen again. Lots of countries are having political issues. It's messy. This is perfect timing for this video.

  8. Avataaar/Circle Created with python_avatars Melissa Griffin says:

    The wealthy understand the necessity to prolong purchases that really will make no difference. They understand time more than anything and therefore invest for their future. Make money now versus spending on x,y, or z. Invest folks, whether in yourself, equities, real estate… anything. just don't blow your money trying to impress anyone else.. You only will eventually come to regret your decisions when you read your bank statements..

  9. Avataaar/Circle Created with python_avatars Kiki says:

    Hah! already depressed way before covid

  10. Avataaar/Circle Created with python_avatars Andre XX says:

    Those in the financial "industry" will always offer you optimism in some form or other. Selling gloom does not attract as many acolytes.

  11. Avataaar/Circle Created with python_avatars Michael says:

    Even during the great depression regularly investing into the overall market would have netted you about a 12% return. Dont let downturns scare you, this too shall pass.

  12. Avataaar/Circle Created with python_avatars bdan says:

    Right people I'll surround myself with: my friend who's a teacher, my friend who has depression and is trying to find himself, my friend who will take over his grandmas company, my friend who works for his dad, my friend who is training to become a welder, my friend who delivers food, my friend who's dad is a millionaire. Hmm get the hint mark? Do you get it? They aren't friends because they bring me down. They are friends because we share ups and downs. Those are friends. Those aren't business associates. If you make friends with trillionaires, good for you. If you make friends with those who make $1000 a month, good for you. Those are friends. Friends are not, oh you can't meet my schedule or make me money? Goodbye. Those are not FRIENDS.

  13. Avataaar/Circle Created with python_avatars bdan says:

    The definition of philanthropy: I'll make a trillion dollars raping, murdering, stealing, and taking land, and then I'll try to fix it.

  14. Avataaar/Circle Created with python_avatars bdan says:

    Rich people only make it because others starve. End of story. To get rich you need people who will buy your stuff, which is obviously poor people. Because poor people need stuff. Rich people don't need beds, and phones, and houses, they don't NEED anything. Poor people NEED things. So if you are rich, you got there by literally KILLING or STARVING poor people to death. Look at any billionaire, any politician. Look at any country that is poor, and any country that is rich. Everything is a balance. If you become a billionaire, it is because hundreds of people had to die, or break their backs, or live in agony to make money. Anyone who made a billion dollars, they deserve eternal hell. They made their money because people had to sacrifice their health, their children, their nutrition, or their lives. Fuckk your money. You will burn in hell for a piece of paper. You almost died didn't you? I remember that video. The first thing you said you thought of was your businesses. On your fuking death bed. Guess what. Your money is worthless on the island of death.

  15. Avataaar/Circle Created with python_avatars bdan says:

    I think you have the definition of friends misplaced. Friends aren't "What can you do for me". Friends are, we can do THIS together. That's probably why you don't have any. Just like my ultra successful brother. Friends are for talking, hanging out, eating together. That is priceless. But you think of friends as, "Money? I need that, these friends, they don't make me money, I'll disown them." Tragic. Friendship has nothing to do with money. It is like having a wife. You don't have a wife to spend money, you have a wife to make a connection. Guess that's how people get to the top though. Their friends are businesses, and customers. If that's what "friends" are, I don't want any. I'd rather fuking get my asss raped working a minimum wage job.

  16. Avataaar/Circle Created with python_avatars Ahmed Jasim says:

    Jokes on you I don’t even have friends

  17. Avataaar/Circle Created with python_avatars James says:

    Hi Mark, thank you for these videos and inspiring Me to succeed in life. Keep up the good work.

  18. Avataaar/Circle Created with python_avatars UP THE Rs says:

    I can’t take this guy anymore he’s incredibly annoying

  19. Avataaar/Circle Created with python_avatars TheMightyKawama says:

    Genuinely excellent video, sound advice and above even your current (high) standard – not heard many discussing the current state of the bond market and showcasing this is something I don't see many other fintubers do

  20. Avataaar/Circle Created with python_avatars Winston Smith says:

    Is now a good time for investing with all the turmoil going on?

  21. Avataaar/Circle Created with python_avatars TheUnionGamer says:

    Im 15 and just started investing. Thanks Mark!

  22. Avataaar/Circle Created with python_avatars GlideSlidey says:

    Great video as always Mark. Troubled times call for a cool head and content like yours help achieve this.

  23. Avataaar/Circle Created with python_avatars Tim Bell says:

    Would love to have a beer with you one day Mark!

  24. Avataaar/Circle Created with python_avatars Project Terra Nova says:

    Thanks Mark! Another golden nugget.

  25. Avataaar/Circle Created with python_avatars Boris The Geezer says:

    😂😂😂😂 I love the cliché of you being a middle aged white man and showing the picture of the lady 👀 at the networking event!

  26. Avataaar/Circle Created with python_avatars No Name says:

    I'm just sticking with 3 fund EFTs and waiting 30 years.

  27. Avataaar/Circle Created with python_avatars Sohrab Nayyar says:

    Mark has a talent for drawing perfect circles too

  28. Avataaar/Circle Created with python_avatars Marcus Lindmark says:

    Thanks for an amazing video as always ❤

  29. Avataaar/Circle Created with python_avatars GameWrites says:

    So I recently started making YouTube money and my books (sci-fi author) are doing well.
    This is sound advice, and I need to start preparing. Thank you.

  30. Avataaar/Circle Created with python_avatars Tenki says:

    Could you give advices to peope living in very bad countries? I mean I am from hungary and since I would lose about 40%+ of the value of my money due to inflation anyway I just buy s&p500 most of the time. S&p has fallen a lot this year but I am still roughly at the same level in my own currency. What a failure of country I live in.

  31. Avataaar/Circle Created with python_avatars Pablo says:

    podcast; u can start with 100$, yes for the wifi connection, then u need another 5k for mics, 4k for edits, servers, u need knowledge to even talk about something interesting, that knowledge comes from lots of experience or a good education which cost money. so basically, u need to be rich to get rich, poor people cant save enough to fight inflation and earn more

  32. Avataaar/Circle Created with python_avatars Player says:

    I am 17 and I know web development
    is it a high demand skill?

  33. Avataaar/Circle Created with python_avatars Daniel says:

    Thank you Mark! I have a question, what can a 15 year old do without having access to much money, any advice?

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