Grant Cardone
๐ค SpeakerAppearances Over Time
Podcast Appearances
It's just everybody got lost confidence.
And so money doesn't move.
Money needs to move.
For an economy to be good, money has to circulate.
And the faster it circulates, the more confidence it gives people, right?
Well, in a contraction, everything gets stodgy and slows down.
People quit spending.
People quit spending money on advertising, marketing, branding, expansion, locations, employees, everything.
Yeah, we're definitely going into a big one.
They just stop.
And this could be bigger than 08.
So what happens is if you have the courage, by the way, courage is the greatest currency on planet Earth.
But the problem with recessions is people deny them for so long.
We're in one right now.
We've been planning for this since February of last year.
It is the greatest asset of all assets.
So I'm already so far ahead of most people.
particularly if you could combine it with some vitamin C with some vitamin D, some discipline.
What happens with a contraction?
A recession is basically a contraction, okay?