Unpacking Ukraine, Venezuela, and Campbell’s Soup Scandal: Inside Global Chaos

Welcome back to Impact Theory. In this explosive episode, Tom Bilyeu unpacks a wild week of global headlines and political upheaval. From the rumored progress in the Russia-Ukraine conflict—with backchannel negotiations hitting the public eye—to Candace Owens’ claims of an assassination plot and Marjorie Taylor Greene’s shocking resignation from Congress, no topic is off limits. Tom Bilyeu dives deep into possible U. S. intervention in Venezuela, dissecting the tangled web of geopolitics, oil interests, and the specter of China’s influence in South America. We also get a look at internal corruption and leaks: James O'Keefe's latest sting uncovers suppression of data around RFK Jr., while Campbell’s Soup faces a PR nightmare after one executive trashes their own products on a hot mic. Tom Bilyeu doesn’t shy away from the financial world either, breaking down Google’s surge to a $4 trillion valuation during the AI boom—and what that means for the average investor. Throughout the episode, Tom Bilyeu offers his signature blend of skepticism and insight, helping listeners understand not only the headlines, but the psychological and economic undercurrents driving today’s biggest stories. Whether you’re interested in world events, the future of America, or strategies for thriving amid uncertainty, this is one episode you won’t want to miss. Thank you to today's sponsors: Linkedin: Post your job free at https://linkedin.com/impacttheory HomeServe: Help protect your home systems – and your wallet – with HomeServe against covered repairs. Plans start at just $4.99 a month at https://homeserve.com True Classic: Upgrade your wardrobe at https://trueclassic.com/impact Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impact CashApp: Download Cash App Today: https://capl.onelink.me/vFut/v6nymgjl #CashAppPod Business Wars: Follow Business Wars on the Wondery App or wherever you get your podcasts. Shopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact AirDoctor: Up to $300 off with code IMPACT at https://airdoctorpro.com Learn more about your ad choices. Visit megaphone.fm/adchoices https://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.

Speaker names marked ? are inferred from speaking time and the show’s known hosts — they are not voice-verified.

• 0:00Tom Bilyeu?

  Let's talk about the moment your side hustle becomes a real business. Now, I see way too many founders stay stuck running their business like it's a hobby, and then they wonder why nothing ever feels real. It doesn't feel real because it's not. I've helped thousands of entrepreneurs build real businesses through Impact Theory University, and the first step in the path to building a legit business is registering it. And Taylor Brands will help you do just that in a few clicks. An LLC, a limited liability company, is an official business structure. It's inexpensive to form and very simple to maintain. It's how you open a business bank account. It's how customers know they're dealing with a real company. And Taylor Brands doesn't stop at the filing.

• 0:45Tom Bilyeu?

  Their dashboard tracks what comes next based on what your business actually needs. So EIN number, registered agent, licenses and permits, bookkeeping, business banking. I tell every founder the same thing. Just make it official. Click the link in the show notes to check out Taylor Brands and get started on your business today. This is a paid advertisement.

• 1:07Speaker 01

  At Humana, our Medicare Advantage plans are easy to understand and easy on your wallet, like offering more benefits than you'd get from original Medicare alone, and including dental, vision, and hearing coverage in every plan. And the best part is every plan has a $0 or low monthly plan premium, which makes it easier to save, too. So this Medicare planning season, plan well with Humana. Learn more at gethumana.com. Humana is a Medicare Advantage, HMO and PPO organization with a Medicare contract. Enrollment in any Humana plan depends on contract renewal.

• 1:38Tom Bilyeu?

  Progress has theoretically been made in the Russia-Ukraine conflict. Special Envoy Steve Witkoff's back-channel communications, though, from the negotiation have been leaked. Candace Owens has gone into hiding because she believes the French government is trying to assassinate her. Marjorie Taylor Greene resigns from Congress as troops continue to build up in the Caribbean. And Representative Maria Salazar says the US is about to intervene directly in Venezuela. James O'Keefe manages to get someone from the governmental accountability office to confess on camera that they're hiding information about RFK Jr. A VP at Campbell's Soup got caught on a recording trashing the company's products.

• 2:21Tom Bilyeu?

  And Google rides the AI inflation bubble to a nearly $4 trillion valuation.

• 2:28Tom Bilyeu?

  All that and more.

• 2:30Speaker 02

  All right. The first thing we have up is Ukraine apparently signing the peace deal. So breaking, Ukraine has agreed to the full terms of President Trump's peace plan. I believe that's the 20-point plan that we've gone over in the past to end the war with Russia, per ABC News. What makes this different from all the other times that we've talked about? Like, they're getting closer. How close are we?

• 2:52Tom Bilyeu?

  Honestly, right now, I assume we are no closer. Getting the specifics down on paper with

• 3:02Tom Bilyeu?

  Ukraine is very different than getting Ukraine and Russia to agree. So now, look, on this one, I really don't want to be cynical because I really want this to go well. War is a horror, the likes of which I hope no human ever has to interact with. So if we're able to actually get this across the finish line, that would be an unmitigated good. But one of my favorite maxims is don't trust what somebody says. Don't even trust what somebody does, but always, always trust a pattern. And the pattern with Putin is he tells you what you want to hear. He glad hands and he moves things forward and then does whatever the hell he wants.

• 3:47Tom Bilyeu?

  It was so brazen when he had the falling out with the guy that marched on Moscow. I'm forgetting his name. Somebody in chat will remind me. And it was like, well, that guy's dead. And then like a month later, his airplane mysteriously blows up midair. It's like so wild. Like, he's just that predictable. Like, he's straight out of a black comedy. It's wild. So, yeah, I, I, if I were a one-man polymarket, I would say that the odds are extremely low, that they're able to actually come to an agreement. The, the sentiment that I get online is that Russia is in a very good position right now in terms of who's winning the back and forth.

• 4:32Tom Bilyeu?

  I won't call it winning the war, but like that they're losing fewer troops. They're able to push, obviously, much deeper into Ukraine. I know that Ukraine is launching like kamikaze drone strikes on Russia. And so they probably don't love that, but. Yeah, from what I hear, they definitely would feel like they have the upper hand in a big way. And so the odds that they take a deal just don't seem high. The relationship with China seems to be going well. As far as I can tell, the sanctions just haven't hurt them enough. So unless Putin is really feeling pressure from oligarchs or something like that, that I'm just not deep enough in to know about, I don't see what would bring him to the table. So we'll see, but he's been pretty quiet.

• 5:17Speaker 02

  From everything I've seen so far, it seems like people have been criticizing the 20-point plan and saying that Ukraine would would never sign this. They would never agree to it. So I'm surprised that Ukraine is the first one signing, like actually saying yes.

• 5:33Tom Bilyeu?

  Well, they reduced it. So the number of points has been reduced. I think it's a 18 or 19-point plan now. And they are supposedly pulling all the things that people thought, oh, they'd never agree to this. Now, if people thought that they would never agree to ceding territory, that doesn't make sense to me. If enough of your people are getting killed and enough of the people in the territories that are in question already identify as being ethnically Russian, like at some point, you just go, you gotta cut the hand off to save the body. If you've got gangrene, it's like, it's gonna either kill the whole body or you lop it off.

• 6:14Tom Bilyeu?

  Now, reports indicate that there is territory that Russia is saying, you're gonna have to give up this area. We'll give up something else in exchange for that. That may be a hard and fast red line for the Ukraine because it's basically their Thermopylae. If you know the story of 300 from Sparta, they had to force the army that they the invading army to go through a choke point. And by going through that choke point, they were able to still lose, but they were able to hold them off for a long time and just absolutely slaughter disproportionately.

• 6:53Tom Bilyeu?

  It seems to be that the territory that Russia is trying to acquire is something like that, that if they can control the choke point, then there's only open land between Russia and Ukraine in a way that they would not be able to patrol effectively and stop. So again, not being a scholar on this stuff, but from what I've read so far, it seems like what the Ukraine would need to do is make sure that they hold that, that they build up a big military presence, that that's going to be part of their go forward strategy. And the negotiation is, no, no, we're going to have to have a much larger standing army. You're going to have to remove any of the caps on that. We're going to need to hold that territory and we're going to need to beef up our military presence. And so if Russia wants to indicate to the world that,

• 7:37Tom Bilyeu?

  hey, we're negotiating in good faith, but these assholes just won't be reasonable, they might draw a circle around that and say, wow, guys, listen, like, we've got good traction here. There's no reason why we wouldn't want to take that. Ukraine is going to say, hold on, what are you talking about? We have the good traction here. We're dug in. We can defend this point. There's no way that we're going to give this up. And so you'll get a PR battle that happens over that. But again, I don't think Russia is sincere. I think Russia is going to keep pushing until something absolutely forces them to stop. And so if you were going to run the betting market on this, you would be looking for the indication that there's something very

• 8:19Tom Bilyeu?

  bad has happened to Russia. So oligarchs are ganging up on Putin in a way that he feels weakened by that, that there's tremendous loss of life on the Russian side, that there is a economic struggle that does not seem to currently exist right now. Like you would need that kind of pressure where Putin is going to say, I need a PR exit ramp. And so then I could see him coming to the table. But without that, I don't see why he would stop if you step inside of his frame of reference. From the chat, essentially, thinking about someone in America who is just trying to pay their bills, why should they care about the Russia Ukraine situation?

• 9:03Tom Bilyeu?

  I mean, if you said, Tom, uh, this is a Lincoln Douglas debate, you need to be able to take either side of the issue. And now here's the, uh, case, I think I called them cases. It's been a long time since I didn't done Lincoln Douglas debate. Uh, and I have to defend a side that I don't believe in, but I'm going to give you the best argument. I would say something like, okay, listen, uh, you've got all of Europe. Europe is in a very weakened state. You have Russia. Russia right now is being territorially acquisitive. You've got Putin, who has long believed that the fall of the USSR is a tragedy that

• 9:43Tom Bilyeu?

  needs to be rectified. And by invading Ukraine has basically broken like 80 years of we no longer do the whole expand your borders thing. And so we've had this border integrity where people respond very swiftly internationally to say, hey, like this is an incursion across sovereign borders. We absolutely do not tolerate that anymore. And there's massive, uh, pushback the world over. If the, if the invasion of Ukraine is allowed to stand from an international community perspective, we basically said, nah, like, all right, a little bit of territory

• 10:22Tom Bilyeu?

  acquisition is fine. And you run the risk of all hell breaking loose into Europe again, where Russia now starts going into other territories. And so what becomes the brakes on Russia? Or do they just start doing that? And now we're back in, you know, World War II era where there's all these battles over who owns what territory first, obviously by the Germans, then the US and Russia sort of divvying up parts of Eastern Europe. So it like, do we want to get back into that world? So let's say if I'm arguing this position, I'm going to pound the table. I'm going to say absolutely not. I'm going to say you cannot trust Putin, that you've got to understand that this is somebody that will continue marching deeper and deeper into the former Soviet states, gobbling them all up. Is there

• 11:07Tom Bilyeu?

  really going to be anything that's going to stop him from pushing deeper into Europe? Also, you've got a Russia, China alliance, anything that we can do to weaken Russia, China, Iran, North Korea. Obviously, you got the BRICS nations, but I won't try to lump them all together. But from that, like Russia and China, running all these military operations, putting out public statements that there's never been a deeper tie between Russia and China. And if you know Russia and China's history, it's pretty terrifying to think that from a military perspective, they're more united now than they've ever been. Given that they fought the war between what ends up becoming North and South Korea together,

• 11:49Tom Bilyeu?

  that there were a ton of Chinese troops fighting on the side of North Korea. And so you've got the, that allegiance is like, do we really want to see that getting stronger?

• 12:04Tom Bilyeu?

  The answer would be, in this argument, absolutely not. Now, if I'm taking what I actually believe, America is going bankrupt. That will be devastating in a way to the average American, in a way that people are not, in my opinion, accurately mapping. It's one of those where I really have to decide, if I'm going to keep talking about this, I have to find an emotional way to deal with this. Because it's forcing me to map the territory down to like really minute detail. And the, the deeper I go, like the more I zoom in onto the picture, the more I sort of map every pixel of this image, the more I realize, oh, the

• 12:47Tom Bilyeu?

  belief that I have in terms of how the economy works, it doesn't change, it just gets more terrifying. I feel that we are standing on the precipice over the next decade. This is not like a next five months problem, but over the next decade, we will live through the process of what it means to go broke. And when you look at history, it is not pleasant. Now, it doesn't always play out exactly the same way, so it doesn't necessarily have to become a full-blown civil war, anything like that. But keep in mind right now, how panicky, maybe the right word, people are about the Affordable Care Act subsidies getting removed.

• 13:29Tom Bilyeu?

  Bro, it all goes away. Like when your country goes broke, it, you have to have a balanced budget. So that's $2 trillion a year instantly get vaporized. Then it's like, okay, well, now that that's happened and we cannot borrow money internationally anymore. All we can do is print money. What ends up happening to the economy? What ends up happening to the dollar on an international stage? It's just gonna keep getting weaker and weaker and weaker and weaker and weaker. So you run and then of course, getting people to understand that printing money hurts the poor and middle class the most. So all of that feeds into my belief that you have two options before you.

• 14:12Tom Bilyeu?

  You become the world's gun store and you leverage conflicts to make money for the average American. So that we're able to create military industrial complex jobs for a whole lot of people to make a whole lot of weapons. I get the moral implications, but I'm saying it is a, an economically viable option for us to decide, hey, we don't, we're not going to get involved in these conflicts, but we're going to arm people to the teeth. And we're going to re-industrialize around weapons and artillery and all of that. Cool. Now they can fight as long as they want because you're making money. What we can't keep doing is sending money over either in the form of weapons that we're supposedly not going to use anymore. But if they're usable, obviously we could still use them.

• 14:58Tom Bilyeu?

  Doing that or just outright sending cash because that's a dollar that you're not spending here in America. Now I am the most worried about the cultural implications of America believing that you can just print money ad infinitum, that socialism is a good idea. That's the thing that terrifies me. So anything that gets people to focus on fiscal responsibility, I'm here for. So if extracting ourselves from conflicts that are not near to our shores is the way that we get there, great.

• 15:35Tom Bilyeu?

  But I don't think this is the simplest thing in the world in terms of just be isolationist. We are still.

• 15:44Tom Bilyeu?

  One of two incredibly important international powers. And so if we completely extract ourselves out of that, you become isolated, you're not making friends, you don't have the allies that you may need at some point in the future. And so as I say, make friends before you need them. So this becomes, getting the voting public to choose usually forces you to give them binary options. Like, America First has rapidly become America only, because you just need something that's really concrete, really easy to see and understand.

• 16:21Tom Bilyeu?

  But it's probably far better that we run a more nuanced plan of helping where we can, getting fiscally responsible such that we have money to do things internationally with when we need to. But that is going to be a brutally difficult sell. But getting into the nuance, and by the way, if, if these strands are not connecting for people, you need to tell me where people are getting lost, so I can really draw the connective tissue. Because I'm getting into the nuanced web that makes all of this stuff difficult to parse through. I know this is where people tend to get lost. But it is a very hard sell to tell Americans, "Hey, I know that we're going bankrupt.

• 17:07Tom Bilyeu?

  I know that we have to spend less money domestically, but we also can't go to zero spend on the international stage, because these are allies that we want and need. These are ways that we get some of the power that we have as Americans, because we have so much influence the world over. And if you give up that influence, which is already waning, but if you give up that influence entirely, then you're going to economically down the road be in a much worse position. But that's hard to convince people of when they look around and they're like, hmm, I can't make ends meet already. This does not feel good in any way, shape or form.

• 17:50Tom Bilyeu?

  The youth feel totally disenfranchised and they believe they're disenfranchised because capitalism bad, not realizing they're disenfranchised because we gave up on capitalism a very long time ago. Uh, and that the way to solve their problems is to move in the opposite direction. But good luck convincing them in the middle of all of that, in the middle of people like me pounding our chest, saying we need to balance the budget and also saying, but by the way, you probably do want to use money to make sure that you have killer allies the world over.

• 18:27Speaker 02

  We've got people eavesdropping on calls with Russian officials while they're trying to end the war in Ukraine.

• 18:34Tom Bilyeu?

  Yeah.

• 18:34Speaker 02

  And I didn't think there was a ton in the actual transcript unless I'm missing something, but what is there?

• 18:41Tom Bilyeu?

  It's not that there's a ton. It's that, um, the, it is utterly fascinating to get a glimpse inside of people's awareness of Trump's psychological vulnerabilities. We all have them. When I was teaching film, I would often show students bad filmmaking so that you could see the process. So good editing tends to be invisible. You don't understand how the trick is being made. You know how you feel, but you don't know how to structure that. So as a like growing editor, you're trying to figure out, wait, what do I do? And so I would bring things in where I'd say, okay, you can see what they're attempting to do, but they're doing it clumsily. And so now you can see like, oh, fast cuts, create this effect and, um, things like that.

• 19:26Tom Bilyeu?

  So anyway, Trump is the psychological version of that. His tells are so big and so obvious that they give people a way to see how the psychological game is played. So what I found interesting about Steve Wicoff, Steve Wicoff has a job, get this thing done. And Steve Witkoff believes in this exchange that he has information that would be useful to the Russians to get the job done because he understands one of the pieces on the chessboard is Trump's personality. He knows another piece on the chessboard is Putin's personality. And so, everybody involved is going to have mapped, just as I would expect you to have mapped my weirdnesses, so that you know how to navigate me because I'm important to your professional

• 20:08Tom Bilyeu?

  life. And so, anybody smart is going to be like, okay, Tom's really weird about these three things. And so, as people come into the company and you get to know them, it's like, you look over your shoulder and you're like, listen, if you want to get around Tom, just like, acknowledge these things, right? And so, my message to people is always, the only thing that makes it worse is when you feel like you can't talk about it. So, like, I don't mind people saying, this is what you're like, we all know that, and so, we all do this thing, and be like, yeah, that is what I'm like. So, you get to see Witkoff saying, hey, guys, listen, if we want to get this done, just start the call, tell Putin to start the call by saying, listen, Trump, I'm very impressed with the peace deal that

• 20:49Tom Bilyeu?

  you brokered in Gaza, and I think you're a man of peace and I respect you greatly. And he said, after that, the call's gonna go great. And I was like, yeah, this is not the kind of thing that you want to leak to the public, because these kind of magic tricks only work when people aren't aware that they're being played. But, for all of us that now get a glimpse into that to see how all of this stuff goes, it's pretty fascinating. Now, again, I don't think this is necessarily going anywhere, because I don't think Putin is ready to sign, but I certainly could be wrong about that, so we'll see. But that, that was why I found this particularly interesting. You've got potentially the NSA leaking secrets

• 21:31Tom Bilyeu?

  of our own government, highlighting the fact that our own government is fighting against itself. This is tied to the James O'Keefe thing. Watch the series Death by Lightning, about the assassination of the, of President Garfield. It really shows how governments, like, even on the side that you think they would be cooperating with each other, they're fighting against each other. Going against the other side who they're also fighting against, who within their own party, they're fighting against each other. Like, and P.S., this is why socialism doesn't work, because everybody's fighting against everybody else, and so, people just end up going, this guy's my enemy, I'm just gonna take all this shit for myself. You're having a biological experience, you've been programmed in a certain way, so, yeah.

• 22:14Tom Bilyeu?

  We're hitting pause for a moment, but there's plenty more ahead, so don't go anywhere.

• 22:19Tom Bilyeu?

  There's a reason Quince sells cashmere for $60, and it isn't the cashmere. It's real 100% Mongolian cashmere. It's the same stuff luxury labels charge a fortune for. Quince just works directly with ethical factories and cuts out the middleman. So there's no need for a markup and no logo tax. The $60 goes to the actual sweater, not the fancy name on the tag. That's why everything they make runs 50 to 80% less. And it's not just the cashmere. I ordered a few things myself, their fleece joggers, a couple of their tees, which I wear obsessively. First thing I noticed was the quality. Soft, well-made, built to hold up. They make down jackets and wool outerwear now, too.

• 23:03Tom Bilyeu?

  So upgrade your stuff to things you'll actually wear. Find your next fall favorites at Quince. Download the Quince app for app-exclusive offers or go to quince.com. Get free shipping on your order and 365-day returns, now available in Canada and the UK, too. And when Quince asks where you heard about them, let them know it was Impact Theory. It's the best way to support the show. Let's talk about something that genuinely keeps me awake at night. My team at Impact Theory gets hit with phishing scams from bad actors pretending to be me all the time. And they keep getting more sophisticated attacks with details specific enough to look legit. AI has made a lot of things possible, including scams like this.

• 23:47Tom Bilyeu?

  But AI still needs raw material. It gets it from data brokers who sell your name, address, phone number to anyone willing to pay. Incogni goes after that supply. They handle removal requests across 420-plus harmful broker sites. And they keep checking back as brokers constantly try to relist you. On the Unlimited Plan, the Exposure Scanner hunts down your information. Send a link, and their privacy experts handle the takedown. Track your progress in the app and get a monthly risk assessment showing exactly where you stand. Go to incogni.com/impact and use code IMPACT for 60% off an annual plan.

• 24:28Tom Bilyeu?

  Incogni is I-N-C-O-G-N-I dot com slash impact. Promo code IMPACT. It's completely risk-free with a 30-day money-back guarantee.

• 24:41Tom Bilyeu?

  Thanks for sticking around. Let's get right back into the action.

• 24:45Speaker 02

  Here we are with Candace Owens. This is what's happening. She said, "Urgent. Two days ago, I was contacted by a high-ranking employee of the French government. After determining this person's position and proximity to the French couple, I have deemed the information they gave me to be credible enough to share publicly in the event that something happens. In short, this person claims that the Macron's, is it Macron?

• 25:04Tom Bilyeu?

  Yeah, Macron.

• 25:05Speaker 02

  Macron, have executed upon and paid for my assassination." Yes, you read that correctly. More specifically, the green light was given to a small team in National Gendarmerie Intervention Group. I am told there is one Israeli that is on this assassination squad, and the plans were formalized. Again, this person provided concrete proof that they were well-placed within the French government apparatus. Further to this point, this person claims that Charlie Kirk's assassination trained with the French Legion 13th Brigade with multi-state involvement.

• 25:36Tom Bilyeu?

  This is where my neck started getting longer and longer. When the French Legion got pulled in, I was like...

• 25:41Speaker 02

  Journalist Xavier Pousard's life is also at risk. This is deadly serious. The head of state of France apparently wants us both dead and has authorized professional units to carry this out. And then she asks people to retweet. And I do not know who in the American government can be trusted, since this source claims our leaders are aware. But I have more specific information, which is definitively verifiable, should they care to reach out to me. To the brave official in France who did this because they were so moved by the evil of Charlie's public execution to risk their own life, may God bless you truly." And then I love her last line, "Let all be revealed." It's so, I mean, this is a serious situation.

• 26:20Tom Bilyeu?

  God bless it, yes.

• 26:20Speaker 02

  But it has like cinematic gravitas.

• 26:22Tom Bilyeu?

  Yeah, right? 43.5 million views on this tweet. Dude, this, this is like Elon Musk visibility.

• 26:34Tom Bilyeu?

  Very, I mean, as a content creator, we gotta give this woman a round of applause.

• 26:39Speaker 02

  Just takes an assassination attempt?

• 26:42Tom Bilyeu?

  I mean, okay, what, we need to go through this piece by piece to give the devil his due. I have not been in any way, shape, or form unclear. My take on Candace is, I do not think she is lying, and I think she's wildly off-base. So, this is somebody who...

• 27:03Tom Bilyeu?

  I am in no way, shape or form trying to diagnose Candace because I don't think the following statement is literally true, but my old college roommate, his brother was schizophrenic. And his brother, uh, he would go off his meds and he, they'd like find him two states away, living under a bridge. And he was like, the Italian government is trying to get me. And I was always like, why the Italian government? But the Italian government was trying to get him. These are, this is all real. And, um,

• 27:41Tom Bilyeu?

  you know, he's like having to move from one place to another because they could track his thoughts. And like all this time, he's just really wild shit. And they would finally get to him and they would talk him down and they'd be like, remember you're schizophrenic. You need to get on your medicine. And so they'd get him back on his medication. And this is the terrifying part.

• 28:01Tom Bilyeu?

  When he would get on his medication, he would realize, oh, yeah, they're not after me. But I kind of wish they were because my life was way more interesting. And it's called secondary depression. So, once you realize you're not the main character in some like huge drama, um, it kind of sucks. And so my friend unfortunately was telling me this story from the, he's gone off his meds again, and I'm not going to go chase him down. It's the life he wants. He wants to be important. He wants there to be this big conspiracy that he's

• 28:45Tom Bilyeu?

  at the center of. And that makes it more exciting for him. And I was like,

• 28:53Tom Bilyeu?

  yo, he's literally trapped in the matrix. You pull him out, he's straight cipher and is like, yeah, I'd rather be in the matrix. And so I'm gonna unplug and just like, reinsert me. I don't want to be aware.

• 29:10Tom Bilyeu?

  Again, I'm not saying that Candace is schizophrenic, but I am saying that this drama is great TV. But pull up the one I said, uh, this struck a nerve with me.

• 29:28Speaker 02

  Yep.

• 29:28Tom Bilyeu?

  So there's a guy that gives a breakdown and I was like, this is how I feel. When I look at this and we'll, we'll get in a minute to Officer Tatum, who seems reasonably credible and he thinks Candace might be right. So remember there's very much a second side of this story. Uh, but here we've got Kenekoa the great, and he said, why not release the evidence to the public and show the world? Haven't you been saying the Trump administration was involved in Charlie's murder? So why depend on them now to release the evidence? So Israel, Charlie's chief of staff, his executive producer, his pastor, the Trump administration, an Egyptian plane, and the French Foreign Legion all worked together to kill Charlie Kirk?

• 30:13Tom Bilyeu?

  And that's where I'm just like, yikes. Like this is getting wild in terms of like, all of the things that connect and all that.

• 30:25Tom Bilyeu?

  I stand humbly before life in that I've been wrong before. I'll be wrong again. It is entirely possible that this all unfolds. It's like, holy shit. They really were trying to kill Candace. This is insane. It is certainly not outside the realm of possibility that a government, I mean, we know governments kill people. So it's not outside the realm of possibility that, uh, that they are, but who does it seem really unlikely to me that all of these dots actually connect together?

• 30:59Speaker 02

  To me, it's like, It's too wild to think that she would go this hard without being truly convinced. And then Charlie did die. And so there, there's something now, maybe that was just one random person, but like, what part of you, it seems like you're leaning toward, I don't think this is actually real, but she probably believes it. What part of you makes you, makes you think that it's not actually literally real?

• 31:29Tom Bilyeu?

  Occam's razor? So the simplest answer is usually correct. That there's a guy that was on the roof with a gun. That could have shot Charlie, claims to have shot Charlie, gave motive for why he shot Charlie. So there's option A. Option B is that this is like the world's most wildly connected, everybody's in on it. Conspiracy. And it's just like, yeah, I mean, look, it is possible, but.

• 32:04Tom Bilyeu?

  Is it the most likely answer? So again, I'll follow the evidence and I am super interested in this drama. I'd be lying if I said I wasn't like this is, this is becoming the new reality TV like for real. This is new reality TV. And I'm watching it. I fucking love the Candace Owens show like this is wild. So I want to find out, I want to see if she ends up getting sued into absolute oblivion by the French government. I want to see if they really did want her dead. I want to know who the hell killed Charlie Kirk. Was it actually Tyler Robinson? I want to know more information about the shooter in Butler. Thomas Cook, what the hell happened there?

• 32:47Tom Bilyeu?

  Why did they like so quickly sweep this stuff away? So a thousand percent, and I'm very open, man. Whatever ends up being true, let all be revealed. Let all be revealed. I want to see it all.

• 33:01Tom Bilyeu?

  But it's like when I look at all the things, all the threads she's pulling on, I'm just like, whoa, it strains credibility for me. But all will come out in the wash. Now, the thing that I fear is that in the end, it's like, it's so convoluted that we never really know the truth. And like, what happened? And it's, we're just racing down as a society. Like, we're letting go of Occam's razor, and we are getting to the more convoluted, the more crazy, the better.

• 33:29Tom Bilyeu?

  And I doubt that that is going to be high utility, which is the thing that I try to always map the world by. I think that mapping the world that there's like, all these crazy criminal geniuses that interact with each other in like, the super sophisticated ways, is far less believable than the world is full of a whole spectrum of people from lovely, incredible, wonderful humans to just absolute predators. And those predators have uneasy alliances, and they sort of hate each other, and they're building blackmail, and they like, do actually have sex islands, and people do know that you can get scary dirt on people. But that you like, pull in the French Legion, and I don't know, it just starts to get too much at some point.

• 34:13Tom Bilyeu?

  We know that there are plenty of bad people in the world. We know that assassinations absolutely do happen. To your point, we know Charlie Kirk was just assassinated.

• 34:22Tom Bilyeu?

  But if you give me a simple explanation that tracks, and a really convoluted one, where I have to like, okay, we don't really have evidence for that, we just have vibes, but, uh, we have another video. I want to show first to give the other side its due. I want to show the Officer Tatum thing, but, um, there's another video that we're going to show, where it's like, let me walk you through the psychological principles that Candace uses. They're absolutely brilliant. He is like me, I think, on the fence of like, I don't even know that she knows she's using them. Uh, but here they are. So anyway, here's Officer Tatum saying that, hey, there really might be something here at a minimum the US government needs to investigate this. Supposedly, he has seen the evidence himself. So, let's hear it.

• 35:06Speaker 03

  Then, brother, the American government, I don't care how much you don't like Candace, I don't care how much you've been trashing the American government and the FBI, they gotta do something. And I'm gonna tell you what they will do. It doesn't matter right, wrong, or indifferent, they got, they have to investigate this. They have to investigate this. And I think that if it is found to be true, and the proof prevails, which I'm convinced, after talking to Candace and the stuff that we talked about, I'm convinced, then that mean that there should be dire consequences for the French government, and whoever else was involved, Macron's whatever, dire consequences. I'm talking about, the American government should go after them like never before.

• 35:50Tom Bilyeu?

  So I mean, listen, if the French government really is trying to assassinate Candace Owens, then yes, I would expect that to be a diplomatic problem. Now, governments do be kill people, so let's all remember, uh, the American government kills people daily off the coast of Venezuela, so, um, don't be too shocked. Now, having said that, if we really did find that that was true, I would expect there to be some backlash.

• 36:18Speaker 02

  Hell to pay.

• 36:19Tom Bilyeu?

  Yeah, I don't know if I'll go that far, but I, if they, if we found out that a foreign government killed Charlie Kirk, then yes, I would expect there to be hell to pay. Um, but, uh, it's interesting that a plot is discovered that I would expect there to be a much smaller response to than an actual carried out assassination. So, I mean, we'll see, we'll see.

• 36:42Speaker 02

  Makes sense. We also have the Telegram owner Pavel Durov, um, saying that after going through everything Charlie Kirk ever said about France and Macron, I actually think Candace's claim about France being involved in his death is entirely possible. And then we'll add a former CIA officer, John Kiryakow, uh, explaining that France assassinates Greenpeace protesters.

• 37:06Tom Bilyeu?

  And they're murderous too, you know.

• 37:08Speaker 04

  Murderous.

• 37:08Tom Bilyeu?

  Oh, yeah. If you're a member, for example, of Greenpeace, they're gonna blow your brains out if you try to, you know, take over a ship or throw paint on a ship or whatever. They kill a lot of Greenpeace activists.

• 37:21Speaker 04

  The French intelligence does.

• 37:22Tom Bilyeu?

  Yeah.

• 37:23Speaker 04

  Like, not the paramilitary.

• 37:24Tom Bilyeu?

  Oh, no, no, no. They're happy to go out and kill people.

• 37:27Speaker 02

  Have you talked to any of the CIA people that we have through here often? You give me a silent nod, so I mean, you can't say much about this specifically.

• 37:38Tom Bilyeu?

  I will read you a recent. I won't say who it's from, because that doesn't feel right.

• 37:43Speaker 02

  Tom's breaking out his phone.

• 37:45Tom Bilyeu?

  Yes.

• 37:45Speaker 02

  We are getting.

• 37:46Tom Bilyeu?

  Uh, so it goes like this. Um, I said, uh, what do you think of Candace's claims that France put a hit out on her? I said, uh, something that would be a little too identifiable. Uh, and then his response was regarding France, they don't use assassins, she's full of it. France is a tech-heavy service. So.

• 38:08Speaker 02

  Interesting. A tech-heavy service.

• 38:10Tom Bilyeu?

  Yeah, meaning they're gonna spy, they're gonna capture information. Um, but one, one, uh, intelligence community, intelligence community person's belief. So take that for what it's worth, but.

• 38:27Speaker 02

  Makes total sense.

• 38:28Tom Bilyeu?

  Very interesting.

• 38:29Speaker 02

  Um, you want to get into the breakdown of the psychological tactics that Candace is using?

• 38:34Tom Bilyeu?

  Yeah, so, um, yeah, we'll let this guy speak for himself. I thought it was, uh, we're not gonna watch the whole thing, but you'll get a sense of it in the beginning.

• 38:44Speaker 05

  Candace Owens might be one of the most persuasive voices online right now. What she's really doing, whether she knows it or not, is one of the most effective persuasion formulas on the internet. Her videos on Charlie Kirk's assassination have averaged millions of views, and Candace is incredibly good at one thing, making people feel certain without ever proving anything. So I sat through all 36 hours of her investigation so far, every clip, every theory, just to see what's really going on. And what I found were five tactics that make Candace Owens not just convincing, but dangerously persuasive. And once you see them, you won't be able to unseal them.

• 39:23Speaker 05

  Now, obviously, a lot of people feel deceived and gaslit by institutions, and in many cases, rightly so.

• 39:29Tom Bilyeu?

  Rightfully so.

• 39:29Speaker 05

  But that's not the only thing going on here. If you've ever watched one of our episodes, you'll notice it immediately. The odd footage, the timestamps, things that don't line up, the screenshots that don't make sense, and the random people who suddenly seem suspicious. But she doesn't just give you one or two of these. Every episode, she throws out more than you can count. Nearly 15 in this video alone, sometimes over 20. In fact, I say that this is virtually the entirety of our episodes. She gathers anything that could look suspicious, even if it could be random or unrelated.

• 39:59Speaker 06

  On 9/4, Akash Patel, as far as November and December. Then we have Frank Charak on October 7th. Well, Megyn Kelly.

• 40:07Speaker 05

  With so many anomalies being introduced every episode, at least a couple of them will strike you as strange. And given the sheer volume of her claims, your ability to think carefully about any of them gets drawn out by the sheer number of them. By the time you start to think critically about one date, or rumor, or insinuation, she's already moved on to the next. So eventually, what happens is you stop paying attention to the quality of the evidence, and you're overwhelmed by the quantity, leaving you to conclude that there's just simply too many strange things occurring for there not to be something more going on. This can be thought of as an anomaly overload. It's what happens when a flood of speculation starts to feel like evidence, and when the gaps in our knowledge become proof.

• 40:46Tom Bilyeu?

  This is what I feel when I'm watching her stuff. She's just trying to flood the system. There's so many, like, I'm just, I'm just saying, like, this is weird, right? And you're like, yes, it's weird. But the number of weird things that I've encountered in my life that when I go and actually look under the hood, I'm like, oh, yeah, got it. That happens to me with the economy all the time, where I'm like, what, why would that be the outcome? And then you realize, oh, there's actually the underlying mechanism, whatever, that does yield that otherwise surprising thing. Um, so, yeah, I'm always a little... When I see, like, the full episode with Candace,

• 41:28Tom Bilyeu?

  um, I'm always concerned what she'll take as evidence. Where it's like, okay, it's a coincidence, I will give you that, but I don't understand what you have that directly connects them.

• 41:40Speaker 02

  Someone said Alex Jones was a pro at anomaly overload.

• 41:43Tom Bilyeu?

  Oh my God, I'm sure. At almost every day, he's got a like a World War III kickoff. We got to talk about it. And I'm like, bro, I, I only see you at the headline level. And I'm like, come on, meow. Like, we see this a lot.

• 41:57Tom Bilyeu?

  How does he get everybody to believe, no, no, no, for real, today? I know yesterday and the day before I said it was then, but like today, that'd be like if I every day was like, the market is crashing today, today, bro, and did that every day, all day. I don't understand. I think people just want to be in that feeling, I guess. I don't know. It's interesting.

• 42:19Speaker 02

  All right, back to this video.

• 42:21Speaker 05

  It's sinister is happening.

• 42:22Speaker 06

  What's going on here? What are Egyptian military subcontractors doing in the middle of Provo, Utah, on the day that Charlie Kirk was assassinated?

• 42:33Speaker 05

  And even though she hasn't proven anything yet, within one episode, you've already moved on from curious to convinced. And all she had to do was to keep asking questions.

• 42:43Speaker 06

  The crime that you were not allowed to commit. Just asking questions.

• 42:48Speaker 05

  Okay, but her asking questions is exactly what's in question.

• 42:55Speaker 05

  If you listen closely to her podcast, often she is just asking questions, but in a way where people hear much more than just a question. Sometimes she makes the implications clear, as she did when implying that Donald Trump was involved in Charlie Kirk's assassination.

• 43:09Speaker 06

  The look is a circumstance where we all, we just know, we just know that he was truly betrayed in one of the most egregious ways that I think I've ever seen. It has made me lose faith in politics. It has made me fully lose faith in Trump.

• 43:26Speaker 06

  And I just like, I just, my heart aches for the fact that he gave so much of his life.

• 43:29Tom Bilyeu?

  Again, whether she understands that she's using a technique or not, it is certainly a very evocative way to pose all of this stuff. This could be exactly how it's running in her mind, where she sees it and she's like, oh my God, like, come on, what possible reason could there be? And that feeling gives her so much certainty that this obviously doesn't make any sense. Feelings can be very persuasive. Now, I know a lot of people are saying that she's got a ton of receipts. So this is where I'm like, listen, this is gonna come out in the wash. Like this one because of the lawsuit. I think this one's gonna go all the way across the finish line. So it'll be very interesting to see how far this goes. Obviously, I hope it isn't true. I hope it isn't true.

• 44:12Tom Bilyeu?

  I don't want her as a journalist to be being pursued by another government trying to kill her. Like, that would be the worst scenario. Great TV. That would be terrible. I don't want that to be true. So I certainly have a bias where like, the idea that this is true is just also anathema to the world that I want to live in. So in terms of having a potential blind spot myself, that would be it. Yeah, I mean, we'll be watching it closely, but this is wild. Taking a short break, but there's more Impact Theory after. Stay tuned. You're probably paying two salespeople to do one salesperson's job. That's where today's sponsor Pipe Drive comes in.

• 44:55Tom Bilyeu?

  An intelligent AI-powered sales CRM loved by growing sales teams. Pipe Drive just launched meeting intelligence built right into the CRM. Before every call, it pulls deal history and past conversations into one brief. During the call, it records and takes notes. After it, it drafts your CRM updates to review and approve. So there's less admin and more selling. Switch to a CRM built by salespeople for salespeople and join the over 100,000 companies already using Pipe Drive. My link gets you an exclusive 30 days free instead of the usual 14-day trial. There's no credit card payment needed.

• 45:37Tom Bilyeu?

  Just head to pipedrive.com/impact to get started. Again, that's pipedrive.com/impact and you can be up and running in minutes.

• 45:49Speaker 01

  At Humana, our Medicare Advantage plans are easy to understand and easy on your wallet, like offering more benefits than you'd get from original Medicare alone and including dental, vision, and hearing coverage in every plan. And the best part is every plan has a $0 or low monthly plan premium, which makes it easier to save too. So this Medicare planning season, plan well with Humana. Learn more at gethumana.com. Humana is a Medicare Advantage HMO and PPO organization with a Medicare contract. Enrollment in any Humana plan depends on contract renewal.

• 46:20Tom Bilyeu?

  Thanks for staying tuned. Now, let's get back to it.

• 46:24Speaker 02

  All right, let's move on to Marjorie Taylor Greene resigning from Congress. She put out a video, it's pretty long, I don't think we necessarily want to go through the whole thing. There is also a transcript, I found something interesting in the end of it. So first off, she talks a lot about the personal attacks and things like that. So maybe walk us through first, like what's brought her to this point of actually feeling the need to resign and go be with her family?

• 46:56Tom Bilyeu?

  My best attempt at getting beyond the PR of it all, knowing that I am not inside her mind, I've never been in a room with her, I think that's true. So this is speculation, to be sure, but I think it goes something like this. She wanted to run for statewide office in Georgia, Trump, somewhere between, uh, don't fucking do it, and hey, you probably would lose, might be a little embarrassing, you probably shouldn't do it. I don't know which of those interpretations is accurate, I don't think anybody disagrees that that was sort of the starting point, but she did not like that. And then turned on President Trump, I don't know what the right way to represent that is, neutrally, but certainly

• 47:40Tom Bilyeu?

  started voting against things, pushing back, being very public against his agenda. And I would imagine that that invited, now she's getting attacked from both sides. So that couldn't have been a lot of fun. And when I look at politicians, I have one question, why the fuck are you in politics? When I say, bro, no way, there is not enough money in the universe to get me to go into politics. Uh, is there something, if you could somehow convince me that all good...

• 48:18Tom Bilyeu?

  At least average intelligent people were dead and I was the only person left. Oh yeah, I might feel an overwhelming sense of obligation, but I would never voluntarily go into politics. It is a level of misery that is just weird. So when I saw that, I was like, yeah, I got that. Like you now felt your own party did not have your back. If she really is somebody that connects deeply to people and felt like, well, cause she was unhinged from where I'm sitting, like during the State of the Union, during Biden's last State of the Union. I was like, who is this maniac? Uh, so she obviously put herself very far out on a limb.

• 49:01Tom Bilyeu?

  And if she did that, because she felt like, oh, I've got this anchor of Trump that's holding this branch, so I know I'm not going to fall. And so now I'm that like hyper barking Chihuahua that feels safe when I've got a fence or I've got a leash on, but the second you open the fence or remove the leash, I actually get very quiet and I don't bark anymore. So it's possible she just felt isolated and was like, I don't like this, man. Like I'm getting attacked from all sides. Nobody seems to appreciate this. I'm getting stressed. I'm missing time with my family. And so what am I doing? And if she, she said she spent millions of her own dollars. So she's like a multimillionaire already and can afford to blow millions of dollars to go and campaign on her own dime. She's calling in rich.

• 49:45Tom Bilyeu?

  It's like, it is a constant temptation. I know from experience, when you already have plenty of money, you never have to work again. Every gnarly situation is judged against, hmm, I don't need to do this. So, uh, do I pull the ripcord? So it feels like either she realizes I'm just, my heart's not in this anymore. So I'm going to back out or she realizes like if she is far more of a political animal than I realize and is like, uh, for me to go build for the next cycle, I need to eject out now. I need to go on a campaign, be totally anti-Trump and spend the next, you know, whatever year being

• 50:29Tom Bilyeu?

  anti-Trump and then running for senate, I suppose that's possible. Um, or something at the state level, but she realizes, again, conjecture, realizes that, um, being in Congress and having all this pressure to adhere to Trump is not the place to do this. Let me get outside the system, throw rocks at it and then run off the back of that. We'll see.

• 50:51Speaker 02

  A lot of the beginning of this, um, transcript letter that she ended up reading is her saying, I've been cast aside by the Republican Party, but I truly care about the people. I can't get these ideals pushed forward. Like it, when you just read it, it seems like she has a good heart, is trying to do right by her constituents and then just can't push it forward and is sort of like giving up in defeat. Um, how do you read that? Do you read it that way? Do you think there's some spin here? Do you think that?

• 51:26Tom Bilyeu?

  Everything is spin, everything out of a politician, every dude, when you talk to your spouse, when you talk to your kids, you're spinning. So humans don't know how to communicate without spin. Spin is just frame of reference. Now, how hard is she spinning? That I don't know, but for sure she's gonna say goodbye in a way that puts her in the best possible light. But does that also sound plausible? Yes, I'm sure that that is very frustration. The best lies are always tied to something real. Uh, so I'm sure that she is very distressed at how much of the legislation that she tried hard to put forward just never gets to the floor. That would be a level of obnoxious that would be hard to deal with, that other people can sort

• 52:07Tom Bilyeu?

  of relegate you. And then she ran a strategy of, okay, I know how to get attention in this media age and then went sort of full unhinged lunatic from my perspective, uh, at the end of the Biden administration, realized, I don't love the reputation that that's giving me, began to reel it in a bit. Um, and Yeah, but is this just another political arc? It could be, we'll see. Like, it is so believable that somebody that has money, that I don't know if she's married, it sounds like she has kids. So it's like, if there are other things for her to focus on that will give her meaning and fulfillment, like a thousand percent do that. All of the work that I do, knowing that I never need to work again, is all predicated

• 52:51Tom Bilyeu?

  on meaning and purpose. And so it's like, if she's like, for a long time, felt like, okay, this is the most meaningful, most purposeful thing that I can do. And then just one wall after another, and then felt abandoned and completely isolated. And if she's like a communal person, which being a woman, she's already prone to be, it's like, well, I can see her ejecting to go back to the core group in her life, her family, that give her all of those same feelings. And so why am I doing this? But I can also see that this is just a temporary battery recharge while she builds up a campaign statewide and is like, fuck these guys, I don't need them, I don't need their support, I'm gonna do this my way. She clearly knows how to get attention. So, could also be that, we'll see.

• 53:34Speaker 02

  Toward the end of it, she says, "There is no plan to save the world or insane 4D chess game being played. When the common American people finally realize and understand that the political industrial complex of both parties is ripping this country apart, that not one elected leader like me is able to stop Washington's machine from gradually destroying our country. And instead, the reality is that they, the common Americans, the people possess the real power over Washington, then I'll be here by their side to rebuild it." This gives me vibes of, kind of, when you talk about fighting for the soul of America and things like that, it gives me that kind of feeling. It feels like a rally or like a war cry. But then also, is there truth in that?

• 54:17Speaker 02

  There's no plan to save the world and the power really is with the people? Do you agree with those statements?

• 54:23Tom Bilyeu?

  Um, whoa. Well, a plan to save the world, that is a very generous statement for any politician. But I, if she said, "There's no plan to re-empower America," I would say-

• 54:36Tom Bilyeu?

  No, that's bullshit. There's clearly Trump, Besant, Lutnik. They are trying to reempower America. I don't need you to believe that they're doing it for any reason other than reempowering America will make them and their friends richer. But they clearly are acting as if they are trying to reempower America. Cool. Now, maybe it's just a lucky stray that we're all catching that that will also be good for us. But they clearly have a plan. Now, whether that plan is going to be effective is totally different. Also, and here's the part that I think will distress everybody. You will learn about politicians exactly what you learned about your parents when you were a kid. There was a time where you thought that they were invincible, they knew everything, and they were just gonna make the world safe and sound for you.

• 55:18Tom Bilyeu?

  And then you suddenly realize, oh, my God, they had no idea what they were doing. They were falling through life and just making the best of it. The human interactions at scale are so complicated. There's no universe in which any president or anybody else can accurately map, I'm gonna do this thing and all these series of things are going to unfold. It's what I call the chaos machine. Just like trying to run a business. Everybody has a plan until you get punched in the face by the market. And so they're gonna react. And so Trump is a intuitive counterpuncher. So he does everything by sort of gut feel and he'll respond. If you're positive to him, he'll be positive back. If you're a dick to him, he'll be a dick back.

• 56:00Tom Bilyeu?

  So, once you understand that, it's like, well, that's what we've got in office. So you've got a guy that does everything by intuition, and so it's gonna seem like he's just constantly changing his mind or whatever. But in reality, he's just learned, oh, I can get ahead by going in, be open, see what's really going on, respond in kind. And then, like, we'll see where they try to back me. I think that he has an entire region of his brain dedicated to where's the leverage in this? And so he really does, I think, go into negotiations, understanding where his leverage is, where their leverage is, how things need to be maneuvered to switch, who has leverage where.

• 56:38Tom Bilyeu?

  And so what you see is a guy that's doing everything intuitively in a counterpuncher style, all based on how do we get leverage? Once you start mapping him like that, it's like, oh, okay, cool. I get where this is going. And he has very thin skin. So, put that all together and you get a guy that becomes more predictable in his unpredictability.

• 57:00Speaker 02

  All right, so we're about to go into Venezuela.

• 57:03Tom Bilyeu?

  Let's go.

• 57:04Speaker 02

  Or on Venezuela.

• 57:05Tom Bilyeu?

  Yeah.

• 57:05Speaker 02

  However, that should be said with oil being a key reason. Now you put this link in from ground news. And when I was going through this, I just found it insane to look at the headlines between the left and the right. So like all the way at the bottom, we've got a Republican representative says we should invade Venezuela because of the oil. And then if we go something leaning a little left.

• 57:29Tom Bilyeu?

  By the way.

• 57:29Speaker 02

  That's wild.

• 57:30Tom Bilyeu?

  Like, hey, you've got resources we want. We should just invade. That is so wild.

• 57:36Speaker 02

  And then you read another one and it's like Republican Congresswoman says quiet part out loud. Claims toppling the Venezuelan oil rich regime could be a windfall.

• 57:44Tom Bilyeu?

  Yeah.

• 57:45Speaker 02

  So like, if we just topple their government, then we might get some stuff out of it.

• 57:48Tom Bilyeu?

  I mean, that's what people do. One of the memes that always like feels like a gut punch because it just feels a little too true. Is the just shows the American flag with a bald eagle in front of it. And it says things like, I heard Venezuela has a bunch of oil. I think they need some freedom. And it's like, oh, God. So, yeah, there probably is a little too much truth to that. But I definitely come down on the this is a China thing. But that again, I'm so biased, like I'm so China obsessed in that way. That I have to watch out for that and make sure that the facts all line up with that. But it does seem like this is when you map it to Trump trying to get leverage against China, it starts to make a lot more sense.

• 58:32Tom Bilyeu?

  And then it doesn't hurt that they've got assets that we want access to. But from what Maduro was saying, we could have had relationships with them around the oil. Now, maybe they didn't trust him. I don't know, but he was certainly signaling like, hey, hey, like if you guys are doing all this because you want great deals on oil, like let's do it. And Trump was like, nope. So I have a feeling that it's more than that.

• 58:56Speaker 02

  Yeah, so back up just a little bit. What's going on with Venezuela? Why is this part of the conversation? And like, are we about to go in?

• 59:04Tom Bilyeu?

  I mean, he has got a lot. Thirty percent of all deployed troops are deployed to the Caribbean. So that does smack of somebody who at a minimum wants you to know, like, if you don't do the thing I want to do, it'd be a real shame if these carriers just had to roll up on your doorstep. So that wouldn't surprise me at all, but it also wouldn't surprise me if this is really about China. So China's building a gold corridor in South America, and they are trying to move everybody away from the dollar as a reserve currency, which would be absolute catastrophe for all Americans. And they know that no one's going to trust the yuan, and that if the yuan were backed by gold,

• 59:49Tom Bilyeu?

  or if people just own the gold directly, that people aren't going to trust that China won't just confiscate it. And so they're trying to build this distribution network all across South America. So it's like, listen, the gold is in the banks locally. We don't control them. Like, you guys can do whatever you want. So if you own the gold, you can go get it. Like, everybody relax.

• 1:00:09Tom Bilyeu?

  So they're making like big inroads into our own hemisphere. And so if the US has given up on trying to stop China, which is wise because nobody wants conflict, then now it's a game of where are the spheres of influence? And so if the US is like, all right, we've got the Western Hemisphere, then it's like, South America's in our hemisphere. So you guys can just take a hike. And going in and trying to make sure that they're not getting the deals that they want with countries like Venezuela, with countries like Argentina, and making sure that those all remain allies of the US, they're going to use the leverage, or back to leverage, whatever leverage that they have.

• 1:00:52Tom Bilyeu?

  And so they can bully Venezuela in a way that they cannot bully China, and they can certainly do a proxy battle with China in a way that they wouldn't be able to just do sort of naked confrontation. And so between like the Anxiety and angst over China having the influence that they had over the Panama Canal. China sending a ton of ships through the Caribbean. And the US is having a big force there to remind, much like China's doing the military drills off the coast of Taiwan and therefore off the coast of Japan and Japan is now getting very nervous and the US is watching it very closely. We're now putting all this pressure on Venezuela, knowing that China's paying attention.

• 1:01:35Tom Bilyeu?

  And so in that context, all that behavior makes a lot more sense. And then also like just doing a little bit of PR of like, hey, the US is the strongest military in the world. Watch us drone a bunch of boats. Which is good theater for people that are in Trump's base. And once you remember that politicians are only about gaining and retaining power. It's like, cool, economy is a little shaky. Gotta do something, even the way that I'm deporting people, people aren't necessarily loving it.

• 1:02:10Tom Bilyeu?

  Let's upgrade to the Department of War and let's start fucking shooting some missiles off the coast of America, man, like where you can see it. You can, you don't see the strikes, but you can see the jet scramble and all that stuff. And it's just like, yeah, like we're fucking America, man. So in that context, this all makes sense.

• 1:02:31Speaker 02

  And so, um, one person in chat said, as a Venezuelan, we all agree with Trump. We need your help to get this socialism and dictatorship out. It's been 26 years already of suffering, hunger and death.

• 1:02:45Tom Bilyeu?

  Listen, I get it. You're, you know, speaking to the thing that I love the most, which is socialism bad.

• 1:02:52Tom Bilyeu?

  So yeah, I mean, I'm with you, man. And I imagine that the people of Venezuela would like some freedom. But that has been pretty much a categorical disaster every time that we've tried to do it since World War II. So yes, but it's like.

• 1:03:11Tom Bilyeu?

  Do they? Because they voted this stuff in. So it's like you have, obviously, this guy representing a faction of people. But if you think that I, for instance, represent all of Americans and I came and said, yo, this Mom Donnie thing, it's gotta go. Uh, I don't necessarily represent all of America. So not only not necessarily, I don't. So the guy was democratically elected in a landslide. So what do you do with that? So it's not like you're gonna roll in, be enveloped in a hug and everybody's like, yay, thank you. Um, wish it were like that, but alas, it is not.

• 1:03:49Speaker 02

  So that's a bit of what's happening. And then how do you feel about that? Is this a good thing, bad thing? It's just politics playing politics or?

• 1:03:58Tom Bilyeu?

  Well, so I'm obviously a big China hawk. So I'm very concerned about China. So us doing things that let China know what's up, uh, you have to do it. You can't abdicate that responsibility. You can't just, uh, give up and let China take over the world because while it might be fine for a couple of decades, you do end up in a position where now you have no leverage. China can get you, you become, uh, everyone becomes a vassal state to China in the way that everyone was a vassal state to the US. And awesome if you're American, not awesome if you're not America. And so I'm not foolish enough to think that America or anybody is just benevolent. Uh, but do I think that America has a value system that makes us infinitely more benevolent than China? Yes.

• 1:04:41Tom Bilyeu?

  So I would much rather see a world in which America is a hegemon. Uh, and if we're going to be a multipolar world, then America's gotta stand up and be America and draw lines and say, these are not crossable. Um, and so I won't go to bat for, um, drone striking the drug boats. Um, there's just way too much risk in that for me in terms of whoopsies, wasn't a drone boat or wasn't a drug boat that time. Um, so don't love the way that we're handling that, but, um, overall, yes, America must project strength. Yes, America must build alliances, uh, in South America. So from that perspective, Like I'm not freaking out. I'm not like, oh my God, I can't believe this is happening.

• 1:05:24Tom Bilyeu?

  But the one thing I will say, and I know some people are already saying this, but I'm surprised this is not like a big deal. You've got the guy campaigned on peace, peace, peace, peace, peace. I am the president of peace. He fucking changed the name of the Department of Defense to the Department of War. Like, and now has got 30% of our troops deployed into the Caribbean. Saying really gnarly things to Maduro and drone striking boats and expecting like the standing ovation. It's like,

• 1:05:50Tom Bilyeu?

  bro, this is off brand. So, yeah, uh, that one, I'm like, that's weird. Now, I do think that he really is trying to run a peace game. And if he didn't rename the Department of Defense, the Department of War. Like here on brand would have been, it was already called the Department of War. He names it the Department of Defense, but uses it in an aggressive fashion. That I'd be like, yeah, that makes sense. Good PR. You've got the cover of, we, we took it from being the Department of War. We don't even think like that. These are defensive postures. Then you can be far more aggressive, but you at least have PR coverage. He's gone the exact opposite way, which is, bro, I'm not even saying you shouldn't be doing these things. But when you say that you're the president of peace, you rename it the Department of War.

• 1:06:35Tom Bilyeu?

  And then you like fucking G up in the Caribbean. I'm like, huh. This doesn't feel very peacey.

• 1:06:45Speaker 02

  All right. Well, you mentioned the James O'Keefe thing, which is him catching a guy admitting that the GAO is-

• 1:06:51Tom Bilyeu?

  And technically I'm going to guess this was a very attractive woman working for James O'Keefe. Which is how they get people to do this. Guys, if a woman with large breasts is sitting across from you and seems out of your league and starts asking you questions about your government job. It's James O'Keefe, bro. What is happening? This is a Scooby Doo episode. You gotta stop. You gotta stop. These guys just can't stop. It's never like a dude that like, oh, he's on my softball team. It's always, if you're gay, it's gonna be a gay guy or a guy posing gay. If you're a heterosexual dude, it's gonna be a chick. Boys and girls, can we please? I don't understand how people fall for this shit. It's so wild.

• 1:07:35Speaker 02

  I feel like this really triggers you ever since the Jeff Bezos thing. But here we are.

• 1:07:40Tom Bilyeu?

  Well, first of all, that's his woman. So I've got nothing but deep empathy for wishing that your woman wanted a dick pic. If she asks you for a dick pic, she's doing it to be sweet. Your woman does not want a dick pic. But, uh, yes, that is the foible of man. So because I'm not above it, that's why I'm, this is a PSA to myself. Uh, yeah. Oh God, men are hilarious.

• 1:08:02Speaker 02

  Cool. So let's get into, um, the undercover footage showing that the government accountability office director admitting that they stole and backed up federal data to keep it outside RFK Jr.'s control.

• 1:08:17Speaker 05

  I work for the government accountable office. I'd watch out for the vaccine denying of HHS. It was gonna ruin healthcare in this country even more than it already is. Are they doing anything to stop him? We are, um, in some places, the administration has gone through and they've destroyed statistical agencies, data source that they've not legally deleted. Well, I didn't do that. Data and we have, you know, stolen and backed those things up. Um, so that's a way they can come back to burn it. And so I know if it ever come, if they ever find a way to get me, I'm gone. Hope nobody figures it out.

• 1:08:57Tom Bilyeu?

  Well, it doesn't look good. As he's saying, on camera. Now, obviously he doesn't know he's on camera, but still goodness gracious. This is so wild.

• 1:09:07Speaker 02

  And so the main thing I'm thinking about here is what kinds of things would they be saving to then bring back up later in government that Trump is is getting rid of like what what would that be?

• 1:09:20Tom Bilyeu?

  So this is where my biases are going to come flying out of my head. I don't know is the only honest answer, but anything that they think he will be able to use that to make his case. So let's say that you find data where it's like somebody ran a study and it shows something unfavorable about a vaccine or something like that. And so you're like, ah, like this is but one of the studies and the data overall is still great, but if he sees this, he's going to get a PR victory and he's going to run laps. And so we just got to bury it.

• 1:09:54Tom Bilyeu?

  Obviously, that's a guess, but I could see people being able to justify something like that to themselves where it's like, ah, man, he's going to be able to make hay with this, but it's really not that big of a deal. Or it may really be a lot of evidence, but people feel like it's still unbalanced. It's important. Or, and this one scares me the most, they are just ideologically captured. Their side is pro vaccines. Therefore, I'm going to make sure the vaccines get across the finish line, basically no matter what. It's probably different people will fall on different parts of that spectrum. For some people, it's going to be the relatively innocent like, oh, God, this is just one small thing, but I know that he'll be able to use it as a political tool. So I want to hide it.

• 1:10:39Tom Bilyeu?

  For some people, it will be like they just, they have an agenda. People are going to get vaccinated all the way to like, this is some big pharma shit. I'm on big pharma's payroll. I'm going to hide this. I'm not saying that's this guy. I'm just saying that is going to be in your basket of options of people who's have just, they're all going to have different motives. That's going to be one of them. So, yeah, I have no idea who this guy is. I do not know which of those motives are his thing.

• 1:11:09Tom Bilyeu?

  But man, humans can convince themselves of some pretty wild stuff when they believe that they're right, or when their financial future depends on them justifying something to themselves, people can get pretty scary.

• 1:11:24Speaker 02

  So the end of this tweet was the most inflammatory piece for me, which is where they say, he says when the Trump admin ends, they will reinstate big pharma vaccine rules.

• 1:11:33Tom Bilyeu?

  Yeah.

• 1:11:33Speaker 02

  And I just know 2020 was not a good time, especially for me, eight-legged.

• 1:11:38Tom Bilyeu?

  Yeah.

• 1:11:38Speaker 02

  Covid did not help careers and life and that kind of thing. Does this scare you? Does this make you mad? Does this even seem possible?

• 1:11:48Tom Bilyeu?

  It's very possible. We've already done it. So yes, it scares me. So my mental map.

• 1:11:54Speaker 02

  People hated, well, there was a ton of backlash from the way that the Covid policies and like rules went, and it was horrible for the economy. And so, yes, we've already done it, but did we do it in a bad way where the public would never allow it again?

• 1:12:11Tom Bilyeu?

  Do you know those memes where the, it's like a sketch drawing and the person's like pulling their head back, giving you like side eye, and then its neck gets longer and longer and longer? That's how I feel right now. So the public is infinitely malleable. If you can get people to believe that, hey, on, to be on this team, you wear a mask, you get vaccinated 12 times a day, like you lock the fuck down, people will go for it. This, this is how I feel when I hear culturally Chinese are like, bro, we've just had so much instability as a culture. Like, yes, all right, Mao Star, 45 million people to death, but is it really that many? We got a billion, bro. Like 45 is a rounding error.

• 1:12:55Tom Bilyeu?

  And so we want Xi to come in and just like be the strong father and just tell us what to do. I'm so not only Western, I'm American to my core. So for me, I've got this just like hardcore, don't fucking tell me what to do. I am pathologically opposed to external forces trying to control my life. So I have. A very strong allergic reaction to that, but not everybody does, man. So it is entirely not only possible, it is hyper likely that we would go back to that. If that ideology continues to gain steam. Now, remember, and I've walked people through my logic before. That same energy is what you see in the socialist movement.

• 1:13:41Tom Bilyeu?

  Socialism is a movement of, and if you don't, I'll shoot you. Once you understand socialism is like, the buses are free. And if you don't fix them for free, I'm going to shoot you. If you don't give me your money, so I can pay for these, even though it's more than I said it was going to be, I'll shoot you. Like, once you understand that, that is what happens. That's not me trying to be funny or hyperbolic. That's what happens over and over and over and over and over and over and over throughout history is it is a confiscatory policy. And when put in the hands of people who fucking love to tell you what to do. Yeah, a hundred percent, we will find ourselves back there again. There is, humans are a thousand twenty sided dice roll on personality traits.

• 1:14:27Tom Bilyeu?

  And you get groupings of people are kind of like this, right? You get archetypes, you get Karens. You get sociopaths like Jeffrey Epstein, right? You get the whole Panoply, you get your Mother Teresa's, you get your Gondis, you get your Martin Luther King juniors, your Nelson Mandelas. Your Putins, you, you get the school teacher who made your life better in a thousand ways. You, you get all kinds of people. But one of the archetypes, and there's a lot of them, are people that really believe they are correct. And that you are a monster for not doing what they say. And they love to see other people suffer. And.

• 1:15:14Tom Bilyeu?

  If you've ever watched Molly's Game, which is a real story, had her on the show. Real story about a woman who runs a gambling ring and supposedly, I think his name's Player X in the movie, supposedly Player X is Tobey Maguire. And this is the, if accurate, the most brutal part of the movie for me because I despise this kind of person. And he says, I don't even like playing poker. You know why I play? She's like, no, why? So because I like destroying lives. Now, keep in mind, there is a type of person that they'll try to reel you in in a poker

• 1:15:55Tom Bilyeu?

  game to get you emotional, to get you to over commit, not just so they can win your money, which fair enough, you've entered the competition willingly. But they do it because they know you're going to have to go home to your wife and she's going to cry that you've lost the money. She's going to be devastated. Possible those kinds of things when put together, you know, with a personality type, just end up breaking up your marriage. And there's a guy that gets a hard on that he played some role in being the straw that broke the camel's back. I fucking hate that kind of person with everything I have. So I am all too aware that they exist. They exist in distressing numbers and they go for positions in authority.

• 1:16:40Tom Bilyeu?

  So you're going to find them in the fucking government. So yeah, yes, this can and will happen again if we are not eternally vigilant. It probably will happen no matter how vigilant we are, but at least by being vigilant, hopefully we can keep the scale to a minimum.

• 1:16:55Speaker 02

  All right, let's move on to something you brought up earlier, which is the leaked recording revealing Campbell's soup executives, shocking remarks about the soup's ingredients.

• 1:17:07Speaker 02

  This is quite funny. Let's watch the actual video where he says it.

• 1:17:11Speaker 07

  A former Campbell's Soup company employee is taking legal action against the food giants, and he's making some explosive allegations about one of its top executives. Good evening and thanks for joining us at 6. I'm Ty Steele. I'm Kimberly Gill. Those allegations are now at the center of a lawsuit claiming the company's vice president went on an hour-long tirade attacking the company's products and employees before taking aim at its customers. And the former employee recorded it all. Eric Erickson shares that recording and what the company is saying about it.

• 1:17:42Speaker 07

  We have shit for [bleep] poor people. Who buys our shit?

• 1:17:45Tom Bilyeu?

  And that's just part of an over an hour-long rant, says former security analyst for Campbell's, Robert Garza of Monroe. I don't [bleep] at it, Bob. It's barely anymore. It's unhealthy. Not that I don't want the [bleep] in it. Even in a can of soup, I look at it, you could eat bio-engineered meat. I don't want to eat a [bleep] or a piece of chicken that came from a 3D printer. Here's the great news. Hopefully, this is going to be such horrific PR for Campbell's Soup that they start putting better, like, ingredients in their food.

• 1:18:21Speaker 02

  That would be a good outcome.

• 1:18:22Tom Bilyeu?

  That would be a tremendous outcome. Uh, yeah, I mean, we'll see. Obviously, the way that he's talking is horrific, and the way that it sounds when you're out of context is horrible. I would be very interested to hear the whole conversation, especially the context, because you talk in a different way when you think you're talking to a friend. And there's no doubt that the way you talk to that friend is going to reveal things about, like, a cavalierness or whatever. So, um, but I'll be interested to hear this whole thing, because hearing him say, like, "I don't need our products anymore, they're shit",

• 1:19:04Tom Bilyeu?

  like, could also be, "And I want to make it better", but it could also be that he's just an absolute despicable asshole. I have no idea. But, um...

• 1:19:15Tom Bilyeu?

  Yeah, this is gonna be a terrible PR for these guys. I hope that they use it as an opportunity to put high quality food in there. It does not have to be overly expensive. But if you're a food company caring about the food that you feed people like is so important. And I say that as somebody who ran a food company and was just like, we are going to make decisions based on metabolic reality, full stop. I don't care how much fucking money it makes us. And we put our money where our mouth was. We made an ingredient change because we thought that it made it metabolically better for people. Costs us a ton of money, but really, I don't give a fuck. Like, the whole mission of the company was to end metabolic disease. So we're like, okay, we're really gonna let that steer the thing that we do. And yeah, I hold food companies accountable to that.

• 1:19:58Tom Bilyeu?

  You've gotta be looking at, people are eating your product, man. Yeah. So anyway, people should be allowed to eat what they want. And if companies want to make food like Cheetos, and great, yes. But don't make those like the chicken noodle soup where it's like, this is what you eat like to be healthy. And then it's like 10 pounds of ass. That's bad mojo. And if the company inside, they know, like, that's gross.

• 1:20:28Speaker 02

  This is a bit of a weird nuance, but one thing he said in there that stuck, stuck out to me was the 3D printed chicken comment.

• 1:20:37Tom Bilyeu?

  I have to imagine he's sort of joking or not being literal.

• 1:20:41Speaker 02

  Yeah.

• 1:20:42Tom Bilyeu?

  But that they, I don't know, maybe they really do something close to 3D printing. But like, if you take what's known as an extruder, you could kind of say that it's 3D printing. But protein bars are extruded. So what I have a feeling he's talking about is they put it into these big vats, and then they have things that come down in blop, blop, right? And so you're not 3D printing in the way that you've got a bunch of different ingredients, and it just pulls them in and like laser prints something. It's just gonna be, you make a big vat of mush that's like chicken flavored with proteins, and it's like meant to congeal. So it kind of feels like chicken in your mouth. I'm guessing. I don't know. That's how they do it. I just know how food is made.

• 1:21:24Tom Bilyeu?

  Uh, so it's probably something like that, but it's not like you would go into a warehouse full of 3D printers that are, you know, zapping it out. And by the way, no shade on 3D printing food. I really think that that's the future. Call it 20 years from now, you literally will buy ingredients and you literally will, uh, 3D print based on like amino acids and stuff. But you could get really healthy stuff as long as they do the work to figure out like, okay, but wait, when something grows inside of a body, uh, eating things that lived in the dirt, like there probably is like things that we just have a hard time accounting for, even when you mix amino acids. But with AI, it's possible that we actually know all the nuances of everything that's contained and we can watch how it impacts your body down at the cellular

• 1:22:09Tom Bilyeu?

  level. Be like, no, you're good. Um, so yeah, that'll be interesting. Now, as a side note to this, I really think it's shitty that we live in the era where people are just constantly recording each other. That is a dick move. I'm not saying this guy isn't an asshole and I'm not saying that thank God, like somebody now knows what's going on, but yeah.

• 1:22:30Speaker 02

  Yeah. So Google's parent company Alphabet was closing in on a $4 trillion valuation on Monday. That would set them to become the only, only the fourth company to enter that club. Um, and so a $4 trillion valuation, you just talked about their trading so many times revenue.

• 1:22:47Tom Bilyeu?

  Yeah.

• 1:22:48Speaker 02

  Um, where does that end up? So if a company becomes that valuable, it's where they can never make back the investors the money. Um, what happens to it? Is it just the bubble's gonna burst and at some point everybody loses out, but it's like a fun ride on the way up? Or like, how does this go?

• 1:23:08Tom Bilyeu?

  Uh, you probably have to be a lot more specific to keep me from fanning out too far, but I'll try to speed run the web and then you can push on anything that you think is useful. Okay. The way that this works is the valuations are based on vibes. Anybody that tells you different is not looking at the numbers right now. Um, that's what the stock market is. The stock market is vibe based gambling. And yes, people that are vibe based gambling, they will either Make a lot of money, lose a lot of money on the ups and downs because they're gambling oftentimes on very rapid movements. Now, much of what's driving the price up is debt. So people go to their brokerage, they are able to trade on margins, so they get debt.

• 1:23:52Tom Bilyeu?

  And that creates new money. That is the same as like money printing, but it's only trapped in one ecosystem. So it can't spread out to the rest of the world, but it does inflate the cost of the shares. So Google is seeing inflated values largely as a response to the money printing inside of the stock market. So it's like, the valuations probably shouldn't be read as literal. They're almost certainly going to come back down. We would normally start deflating these bubbles slowly by tightening rates. We're not going to do that because of something called fiscal dominance. So we're in fiscal dominance, the Fed can't raise rates meaningfully. Therefore, people keep borrowing and trading on margin.

• 1:24:37Tom Bilyeu?

  Therefore, the cost of the assets continues to skyrocket. Because people are betting on oftentimes these like sort of daily fluctuations. Remember volatility is what traders want. And so they don't care if it's going up or down, they just need it to move rapidly. But when it moves rapidly, it often will wipe people out that bet wrong. And so this is how you get where the theoretical money, oh my God, we just lost $50 billion or whatever in 24 minutes. And it's like, yes, sort of, most of that value was theoretical because most people didn't sell at either the top or the bottom, but it does give you this sort of whipsaw-y thing if you're just looking at the candles. So the way it will play out, I think, is basically going to be the

• 1:25:22Tom Bilyeu?

  the ultimate promise of AI will finally be delivered. You will justify on a long enough timeline the valuations that we have today. But the confidence in those valuations will break long before we're able to deliver on the promise. So it will look like 1999, this is exactly the internet. And so everyone was like, the internet's going to change the world. And then it did, but it took much longer. So they crashed because people lost faith in the valuations. Instantly, boom, it just even Amazon lost like eighty six percent of its value or something. It was just absolutely massive. And so at that moment, people were like, there were companies that were saying, I don't even want my products sold on the internet because it's so embarrassing to be associated with the internet in two thousand.

• 1:26:07Tom Bilyeu?

  That that's real. So now you see like, well, hold on, people weren't wrong. It's just the timing and the fact that the real value of the market is determined by vibes. So, once the vibe breaks, even though there are some companies that have underlying structural reality like Amazon. And so Amazon was profitable. And so they were able to just keep building, keep making money. So in the same time period that they lost eighty six percent of their value, or whatever it was, it might have been more than that. They tripled their revenue. So they grew out of it and on the other side, they were great. So we just don't know which of the companies are going to be the companies that survive this.

• 1:26:43Tom Bilyeu?

  Because pets.com, for instance, eToys, Lycos, like there were so many names that were supposedly going to be like the can't miss big winners of the internet age, they went away. But we did make good on the promise of the internet itself. And if you held, especially if you held on to the ones that just survived, even though they were limping for several years after the crash. If you just held on to those for the next ten to twenty years, you made an insane amount of money.

• 1:27:13Tom Bilyeu?

  Amazon went up by one hundred thousand percent. So you just have to believe in it still at the bottom.

• 1:27:24Speaker 02

  When we have companies like this getting insane valuations, do you change, not financial advice, but do you change your investing strategy at all? I know you're a boring guy.

• 1:27:35Tom Bilyeu?

  I'm super boring and I try at all times to price in that the stock market is just gambling on vibes. So I am looking at sectors. So I'll go, do I think AI is going to be a sector that gets bigger over time? Yes, cool. I want to be in the sector, but I have no idea who are going to be the winners and losers. Also, PS, I keep a ton. I've got about three years of cash and cash equivalents. It's not money at my fucking house. But I keep about three years worth of just, I don't want to have to panic, money on hand. So that way, I'm like, yeah, if the stock market goes down for more than three years, then I'm going to be like, okay, well, we've got to do something.

• 1:28:19Tom Bilyeu?

  But I'm not tense and I put myself in a position very intentionally where the stock market could be down for 10 years and I would try not to sell anything. So it could, I mean, look, there's definitely a scenario where it's so cataclysmic that I would need to sell some things, you know, I'd hold out for those first three years and not sell a thing. But if nothing came back up and I wasn't able to like get things together, then you start looking at, okay, do I adjust my lifestyle or do I start selling? I don't know, we'll see. I am not personally very addicted to the trappings of wealth. So changing my lifestyle wouldn't be that scary for me, but anyway, whatever.

• 1:29:04Tom Bilyeu?

  So for me, the game is to hold for a long period of time, like that's the game. And when you look even at the Great Depression, the Great Depression was like 10 years long. So it's like, if you can get to the other side of 10 years, you just never really have to worry about anything. So it's just most people absolutely cannot do that under any circumstance.

• 1:29:21Speaker 02

  While we're on investing, earlier you said it's harder to keep the money than make the money. What would you say to people that call bullshit on that?

• 1:29:29Tom Bilyeu?

  Oh, get rich, try it. So maybe that is me saying because my personality is so much more prone to making money than it is to investing. But no, I mean, if you, oh God, is it actually literally easier?

• 1:29:46Tom Bilyeu?

  How about this? It's easier to make money than keep money. It might not be easier to get rich than to stay rich, but it is certainly easier to make money like a living wage than it is to save that money and invest it well over time because there's so many things that are attacking it. You're forced to gamble. Because of inflation and then the odds of your gambling right over a long period of time, low. So the vast majority of people just don't have the discipline to set and forget in something that is likely to beat inflation over the next 10 to 20 years. And because of that, most people don't keep the money. And then if you factor in the generational

• 1:30:31Tom Bilyeu?

  side, where it's like, well, now I also have to train my kids and they have to train their kids, you see why once you start zooming out to three generations, it's effectively impossible. Almost nobody does it. And then somebody in chat said, Tom, it's not gambling, it's speculation. We're highbrow. Yes, that's nice. I like that. Whoever said that, I very much like that. Yes, normally people actually attack me. So halfway through that sentence, I was ready to really like come unglued on this person. You were like fists up. Literally fists up. So fast, I almost dislocated my shoulder, but they had me in the, what is it? You had me in the middle, but you won me over in the end. Yes, we're highbrow around here. Speculation, speculation. And then let's tell people about Friday.

• 1:31:16Tom Bilyeu?

  Oh, yes. So everybody, this is a holiday weekend for us. So we will not be going live on Friday. We give everybody the four day weekend. So you guys also have the four day weekend. So go enjoy, have a wonderful Thanksgiving, wherever you are in the world. May this weekend be wonderful for you. Your life quality will be determined by the things you focus on. So really do take time to focus on the things you're grateful for, the people that you love, all of that stuff. It sounds super cheesy, but it really does work. So know that I will be thinking about you guys. I am so grateful for this community. Even the people that are hate watching, thank you. You help us generate revenue dollars. It's amazing. We love you the most. Actually, not the most. The people that are here being

• 1:31:59Tom Bilyeu?

  supportive, helping each other. We love you the most. But nonetheless, so grateful for you guys. Hope you have a wonderful weekend and we will see you next week. All right, everybody. Happy Thanksgiving. Later. Let's talk about a pattern that is guaranteed to be killing your progress. You know what you need to do. You need consistent nutrition. We all do. You need vitamins, probiotics. Greens, we all know that we should be doing more of it. When your morning gets chaotic, you skip it. When you travel, you skip it. When your routine breaks, everything tends to break. And that inconsistency compounds against you every single day. AG1 is designed to solve the execution problem. One scoop, eight ounces of water, and you're done. You're getting 75 plus ingredients, vitamins and minerals, pre and probiotics,

• 1:32:43Tom Bilyeu?

  nutrient dense superfoods, everything that used to require six, seven different supplements, and perfect planning now happens in one drink that takes about 30 seconds to make. Right now, AG1 is giving you $87 worth of free gifts with your first subscription. You get a welcome kit, travel packs, vitamin D3 plus K2, and flavor samples. Click the link in the show notes or visit drinkag1.com/impact to claim this offer.

• 1:33:12Speaker 01

  At Humana, our Medicare Advantage plans are easy to understand and easy on your wallet, like offering more benefits than you'd get from original Medicare alone, and including dental, vision, and hearing coverage in every plan. And the best part is every plan has a $0 or low monthly plan premium, which makes it easier to save, too. So this Medicare planning season, plan well with Humana. Learn more at gethumana.com. Humana is a Medicare Advantage, HMO, and PPO organization with a Medicare contract. Enrollment in any Humana plan depends on contract renewal.