Silicon Valley Bank MELTDOWN Explained | How to PREPARE for the RECESSION | Jaspreet Singh

Here’s how the second-biggest bank collapse in U.S. history happened in just 48 hours. Silicon Valley Bank closed its doors today. Within 48 hours, a panic induced by the very venture capital community that SVB had served and nurtured ended the bank’s 40-year-run.For sure you’ve heard that millionaires are made in recessions, but how?Jaspreet Singh is joining Tom for a second time to get you up to speed on what it takes to get wealthy during any recession. Jaspreet is the Minority Mindset guru and Chief Money Nerd at Minority Mindset Companies. He’s been creating financial education videos on YouTube for years and is breaking down all the reason you don’t have to be scared during a recessionJaspreet is a voice of reason to remember that recessions are only bad or good in relation to which side of the equation you are on. This is a must watch if you’re trying to find the best route through a recession that has most people nervous and panicked.Follow Jaspreet Singh:Website: https://theminoritymindset.com/about-us/YouTube: https://www.youtube.com/@MinorityMindsetInstagram: https://www.instagram.com/minoritymin...Twitter: https://twitter.com/minoritym1ndsetFacebook: https://www.facebook.com/MinorityMind...Sponsors:Visit http://www.RealVision.com/ImpactTheory to save 20% on a full year of access to The Real Vision Academy.Visit http://www.srimu.com/impact to unlock 10% off artisanally crafted NOT cheeses made with plant based ingredients for a delicious new take on the cheeses you adore!Go to athleticgreens.com/impact and receive a FREE 1 year supply of Vitamin D AND 5 free travel packs with your first purchase! Visit my sponsor Future: https://tryfuture.co/Impact to try your first month for $19 and make 2023 the year you crush your fitness goals.Go to our sponsor Viome https://tryviome.com/impact to get 20% off your first 3 months and free shipping - learn if inflammation is causing your issues!This episode is sponsored by BetterHelp. Give online therapy a try at http://www.betterhelp.com/impacttheory and get on your way to being your best self.Get $500 off Peloton Tread Packages that come with accessories like a heart rate band, workout mat and non-slip dumbbells. Just go to onepeleton.com to get the deal.For listeners of the show, Calm is offering an exclusive offer of 40% off a Calm Premium subscription at http://www.calm.com/impact. Go to http://aura.com/impact for a 14 day free trial to see if your personal information has been leaked online.Are You Ready for EXTRA Impact?If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you.Want to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness. This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day.Subscription Benefits: Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more New episodes delivered ad-free Exclusive access to Tom’s AMAs, keynote speeches, and suggestions from his personal reading list You’ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more: Legendary Mindset: Mindset & Self-Improvement Money Mindset: Business & Finance Relationship Theory: Relationships Health Theory: Mental & Physical Health Power Ups: Weekly Doses of Short Motivational Quotes Subscribe on Apple Podcasts: https://apple.co/3PCvJazSubscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : https://impacttheorynetwork.supercast.com/ Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What this episode covers

Here’s how the second-biggest bank collapse in U.S. history happened in just 48 hours. Silicon Valley Bank closed its doors today. Within 48 hours, a panic induced by the very venture capital community that SVB had served and nurtured ended the bank’s 40-year-run.For sure you’ve heard that millionaires are made in recessions, but how?Jaspreet Singh is joining Tom for a second time to get you up to speed on what it takes to get wealthy during any recession. Jaspreet is the Minority Mindset guru and Chief Money Nerd at Minority Mindset Companies. He’s been creating financial education videos on YouTube for years and is breaking down all the reason you don’t have to be scared during a recessionJaspreet is a voice of reason to remember that recessions are only bad or good in relation to which side of the equation you are on. This is a must watch if you’re trying to find the best route through a recession that has most people nervous and panicked.Follow Jaspreet Singh:Website: https://theminoritymindset.com/about-us/YouTube: https://www.youtube.com/@MinorityMindsetInstagram: https://www.instagram.com/minoritymin...Twitter: https://twitter.com/minoritym1ndsetFacebook: https://www.facebook.com/MinorityMind...Sponsors:Visit http://www.RealVision.com/ImpactTheory to save 20% on a full year of access to The Real Vision Academy.Visit http://www.srimu.com/impact to unlock 10% off artisanally crafted NOT cheeses made with plant based ingredients for a delicious new take on the cheeses you adore!Go to athleticgreens.com/impact and receive a FREE 1 year supply of Vitamin D AND 5 free travel packs with your first purchase! Visit my sponsor Future: https://tryfuture.co/Impact to try your first month for $19 and make 2023 the year you crush your fitness goals.Go to our sponsor Viome https://tryviome.com/impact to get 20% off your first 3 months and free shipping - learn if inflammation is causing your issues!This episode is sponsored by BetterHelp. Give online therapy a try at http://www.betterhelp.com/impacttheory and get on your way to being your best self.Get $500 off Peloton Tread Packages that come with accessories like a heart rate band, workout mat and non-slip dumbbells. Just go to onepeleton.com to get the deal.For listeners of the show, Calm is offering an exclusive offer of 40% off a Calm Premium subscription at http://www.calm.com/impact. Go to http://aura.com/impact for a 14 day free trial to see if your personal information has been leaked online.Are You Ready for EXTRA Impact?If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you.Want to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness. This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day.Subscription Benefits: Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more New episodes delivered ad-free Exclusive access to Tom’s AMAs, keynote speeches, and suggestions from his personal reading list You’ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more: Legendary Mindset: Mindset & Self-Improvement Money Mindset: Business & Finance Relationship Theory: Relationships Health Theory: Mental & Physical Health Power Ups: Weekly Doses of Short Motivational Quotes Subscribe on Apple Podcasts: https://apple.co/3PCvJazSubscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : https://impacttheorynetwork.supercast.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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This episode was published on March 13, 2023.

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