The Profit Troy’s prophecy of business doom

Behold the final part of my interview with a nuke engineer-turned-trader & business man. He’s got some predictions about the economy. And in my (biased) opinion, they’re well worth listening to: BEN SETTLE: What are some the PROFIT Troy's predictions about what's coming up in the future with money, the economy and finance and that ties into all this Options trading? TROY BROUSSARD: I think that we're on the verge of some pretty big shifts, but I don't expect a lot this year. Although we're kind of setting ourself up for a recession, I don't know that that'll really come into play this year. Election years are always pretty consistent. Both parties and everybody's trying to get elected, and none of them want to do the things that are necessary usually to get the economy in order, so they want to just keep it going as is. So I think that this year, it may not be a banner year, but I don't think it's going to be a big collapse year either. But it's really interesting because I think every generation says that this time things are different. I think we all think that. And as I get older, I can't help but laugh at myself for that because I think things are different and I'm sure my father thought the same thing at this age. I think we all think that. But if you really look at what we've got going on in finance, we are on the crux of some fundamental changes. We are seeing many countries pull back in their usage of the dollar. So we're seeing a lot of international dollar usage start to dwindle. Now, that's not going to go away overnight, it’s just gonna continue to slow down. It's really hard to get off the dollar standard, but the percentages are going down and they're going to continue to go down. And what people don't realize is, when those international dollars start going down and down by countries not using the dollar, those dollars come back into supply in the United States and therefore devalue our dollar here in the US. So the lower the international usage of the dollar, the more devaluation we'll see in our own local dollars. And so, I think that's a trend that is going to continue. I don't think it's going to blow up one way or the other, but it is going to continue. Then when you look at the age of Cryptocurrency, it is rewriting the rule books. And if you think that this is just something that is a fringe technology, think again. Because, we have multiple countries all over the world that are creating their own central bank digital currencies. CBDC is what it's referred to. And they're creating their own private Crypto. So you've got multiple countries in the world doing this. You have the FedNow initiative in the United States where they have already sent millions of dollars in test funds and transfers through a crypto based replacement for interbank transfers. So instead of doing the wiring system that we use today, going to a crypto based system that's instantaneous or virtually instantaneous. That has already been developed and already been tested. It's called FedNow. There are countries in the world that have already switched their entire monetary system into Bitcoin. And this is beginning to become more prevalent in some of the Third-World countries. There are companies like MicroStrategy gaining traction. MicroStrategy holds more Bitcoin as a corporation than any other company in the world. They are insane. They just bought another 850 Bitcoin just the other day. They have billions and billions of dollars worth of Bitcoin on their balance sheet. That is something we would've never contemplated in the past. So there's a lot changing. And we're at this point where technology is just radically changing. AI or even just fake AI is also a big part of that. I was part of the 2002 .com bubble. I even owned 20,000 stock options in a company called LoudCloud. I was granted 20,000 shares of that in the middle of an IPO when I was working with Encyclopædia Britannica. It was an early cloud based service company that Marc Andreessen was launching and we were partnered with him. I wouldn't say we were personal friends or anything, but I did sit through many meetings and worked directly with Marc Andreessen and Ben Horowitz in the early days of the .com era. Today he’s a billionaire tech giant. I've seen what happens when all that “hype” collapses. And LoudCloud, the company that they were building never even came to fruition. The IPO got canceled, I never got that stock, or I would probably have never met you, Ben. I would've been still sitting on an island somewhere. But, I think that we are at a technology standpoint right now where the tech bubble is going to burst and rupture again, and the stock market is going to be affected too. If you look at the gains of the S&P, the vast majority of the gains are really from the elite tech companies, what's called the magnificent seven — Apple, Meta, Google, Amazon, Microsoft, Nvidia and Tesla. Those companies represent the lion share of the profit in the S&P. And when you take them out, it goes flat — very small profitability in it. Even now Tesla is kind of “dropping out” of the Magnificent 7 and it’s kind of more like the Magnificent 6 that is driving the entire economy. And so what we're looking at is a market that really depends on these big tech companies. And we're looking at a financial future that, I'm not going to say it's depressing, but it's certainly not encouraging. There's nothing that's wildly encouraging on our horizon. The most encouraging thing on our economic horizon is AI but that’s a mixed bag because half of it is just stupid hype… just like back in 2002 when companies were just adding .com to their name to 3x their valuations. So I wanted, in this program, one of the things that is so important in the approach that we take is, we're able to make money selling Options, even if the market is going down. Even if the market takes 10 years to recover, we can still make profit every single week selling Options. And even if a stock that we invest in, it goes way down and even if we end up getting assigned that stock, we can still sell covered calls on the top of it and generate income week after week after week. Sure, the premiums might be a little less. Sure, the profits might be a little bit less, but a buy and hold investor is going to be stuck holding the bag and all they can do is sell at a 70% loss or something, whereas we'll be able to continue to make profit on our account. And this isn’t just speculation, we see it time and time again. There were a couple of bad months last year where the market when down about 9% or so… but my account went up 18%. It’s just the nature of this strategy because we really don’t care what direction the stock goes, as long as the company doesn’t go out of business, we can be profitable. So this was really critical for me. And when we're talking about the future, I personally believe in my lifetime that we're going to see another “lost decade.” A lost decade means that the stock market goes down for a while and then it doesn't get back to its high point of where it already had achieved for up to 10 years. It takes a full 10 years to ever get back to where it is today. That's referred to as a lost decade. A lot of people like to talk in the stock market of just, "Buy this and hold it for 10 years and everything will be great." Well, not so much. We've had multiple lost decades in the history in the US and ask Japan how that's worked out for them. Their lost decade turned into about 34 years where their economy never got back to the level it was. Besides, if it takes 15 years to recover, that’s fine if you’re 25… but if you’re 58 going into retirement, you’re screwed. I’m 53 and that is very much at the forefront of my mind. I needed to have a framework that would not collapse if the market dipped hard. Now, I'm not a doom and gloomer. And I don't like to focus on the negative, but I am pragmatic. I'm a realist. And the things that I see, I project that at some point in the future, in the not too distant future, that we're probably going to experience some major pullbacks in the market and potentially something that could devastate somebody's retirement account. And that's one of the principle reasons that this whole methodology is designed to work even in a down economy. Because I believe that in my lifetime, when I need those funds the most, is probably when it's going to happen. And so I'm preparing for that now. # # # So ends my interview with a Nuclear engineer-turned-trader & businessman. It was long, but distinguished. And I hope you enjoyed it… Next: If you want more info on Troy’s Options coaching and get an extremely valuable bonus (see the PS) with it should you decide to partake of it via my affiliate link below, then sign up by tonight Friday 3/8 at midnight EDT: [https∶//www.EmailPlayers.com/options]( Or… If you want to get a look at Troy’s methods, see how they “tick”, even hold his feet to the fire and badger him with questions (the more hostile and super skeptical the better — he loves this stuff), make him show and PROVE to you that he knows what he speaks of… here’s the deal: He’s having a live demo tonight via Zoom at the link below. You can grill him, challenge him, try to stump him - outright badger him about it, even. i.e., ask all your questions and make him prove he’s the real deal and can help. (I certainly did before letting him trade Options with Learnistic cash) The day: Today The time: 5:00 EDT/ 4:00 CDT / 3:00 MDT / 2:00 PDT The URL: [https∶//www.EmailPlayers.com/options/live]( Ben Settle P.S. The bonus I am offering to those who buy Troy’s Low Stress Trading coaching by the deadline via my righteous affiliate link? Your pick of any ONE of the books below that I sell. To read more about a specific book below, Google is your friend. NOTE: You have exactly 48-hours after you buy Troy’s coaching to let me know which book you choose as your bonus, otherwise you are disqualified from this bonus part of the offer. None of this waiting around for 4 months and then deciding to tell me. I hate “tail” in marketing in all its evil forms. All right, following is the list of books to choose from. 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