Over the last 12 months, The Aussie Hermit has been doing a lot more research on the economy.

The reason?

Well, I had an inkling for a while that all was not what it seemed – in a bad way.

And so, I wanted to dig in and find out if my suspicions were correct.

Unfortunately, I think they are.

Now, before I go on, I should say…

Don’t take financial advice from me.

Seriously.

I’m just a Hermit in a Man Cave who trawls through conspiracy theory forums.

With that being said…

I do believe we’re about to experience a crash of epic proportions.

Something that will rival 1929. If not beat it.

My reasoning?

When in history have we had this much debt?

When in history has a fiat currency survived such inflation?

When in history have the financial markets been so tied together?

Again, I’m not a financial expert.

So best to ignore everything I say.

But the reason I bring this up is 2-fold:

First, to get you to start thinking about what’s going on.

The situation we’re in is unprecedented.

Better to be prepared than not.

For example…

The money you have today is not going to be the same value it is in 12 months.

Heck, it’s not going to be the same value it is in 3 weeks.

Use that knowledge to your advantage before everyone else figures it out.

*cough* gold *cough* silver.

Also, supply chains are breaking – worldwide.

What happens when people can’t get food?

Did you see what they did when they couldn’t get toilet paper?

Again, use that knowledge to your advantage.

*cough* food *cough* supplies.

Second, be careful who you listen to.

For example, don’t listen to me for financial advice.

I’m just a Hermit in a Man Cave who trawls through conspiracy theory forums.

But I say that because I’ve been watching a lot of economic experts on TV who’ve made many predictions over the last 12 months that haven’t come true.

And what I’ve realised is, they haven’t come true a lot of the time because they’re lying.

They’re lying because they’re invested in certain stocks continuing to grow.

Or they’re invested in keeping the bubble afloat.

Hello, Jerome.

A good example of that is this well-known billionaire investor who has a lot of stock in China.

He continues to tell people how strong the Chinese economy is, even though their housing market is on the verge of collapse.

See: Evergrande.

Here’s what’s amazing though…

Even though these experts have been wrong over the past 12 months (and most of them a lot longer than that), people still continue to watch them and take their advice.

Why?

I believe there are 3 powerful reasons.

1. They’re on TV
   
   For whatever reason, when you’re in the media (any media), people automatically assume you’re an authority on the subject.
   
   You instantly garner more attention. You garner more trust. And you’re able to persuade people a lot easier.
2. They tell people what they want to hear
   
   When an expert goes on TV and says, “don’t worry, your stocks are fine, we’re not going to see a crash,” this makes people invested in stock feel good.
   
   In other words, their beliefs haven’t been challenged.
   
   And so they go about their day without making any changes.
   
   This is called confirmation bias.
   
   And it is a very dangerous human behaviour if you’re not aware of it.
   
3. They tell people with conviction
   
   I’ve written about this before.
   
   But one of the most powerful ways to persuade people is simply being more certain than they are.
   
   Even Tony Robbins says “whoever is more certain in an argument wins”.
   
   And the reason why it’s so powerful is because most want to defer responsibility.
   
   They want others to lead.
   
   And they want to be able to blame someone else when something doesn’t work out.
   
   I.e. “The reason I lost my money was because ‘LMNOP Fund Manager’ promised this stock would go up,”…
   
   Or…
   
   “The reason why I’m not getting clients is because this guru ripped me off.”
   
   This makes people feel like it wasn’t their fault (even though it obviously is as it was ultimately decision).
   
   Point is: speaking with conviction is powerful.

Anyway…

Just a few things to think about when it comes to what’s going on.

How not to make decisions in your life and business you’ll regret.

And how to persuade others.

With that being said…

Probably the most secure way of keeping your business safe during this upcoming period of uncertainty is to have your own email list.

Because if Facebook and others go down with the economy, you still have the ability to get clients.

Of course, you need to make sure you have a good relationship with that list.

Otherwise, no matter how many emails you send it won’t do you any good.

Enter The Aussie Hermit’s 15 Minute Client program.

Inside I show you how to build your list on autopilot, plus create a great relationship with that list by sending one daily email.

A daily email that also gets you clients, by the way.

Along with that, I teach you how to craft a high ticket offer your market feels silly saying no to.

To know when spots open next, put your name on the waitlist here:

https://The15MinuteClientWaitlist.com

-Luke Charlton
The Man Cave, Canberra