“On September 18, 2008, the Secretary of the US Treasury and the Chairman of the Federal Reserve went to Capitol Hill and told congressional leaders that if they didn’t authorize a seven-hundred-billion-dollar bank bailout, the financial system would implode.”

How many of you remember this event? Do you realize how the US financial system recovered? Today, I have the man who helped pull America out of the 2008 recession. We will hear the backstory straight from this guy, so you have got to listen!

If you want to be prepared for a recession and thrive in any market condition, join us in today's episode of SMART Businesses Do THIS!

About the Guest:

Alex Charfen is an entrepreneur, author, speaker, and coach who has spent 30 years on the front lines of entrepreneurship and business and is helping tens of thousands of entrepreneurs to grow and scale. He is better known as The Man Who Helped Pull America Out of the 2008 Recession.

Alex launched the Certified Distressed Property Expert (CDPE) course in 2008. This short sales course quickly became the fastest-growing designation in the real estate industry's history. Approximately 50,000 real estate professionals took the program, and collectively, they rescued nearly two million distressed property owners from the devastating consequences of foreclosure.

“I know everybody makes the argument that if you hold your money in cash, you're losing money because you're holding cash when the value of the dollar is going down.

What I also know is if there's a crisis, having a big pile of cash is the most important thing to have. We had that when we restarted buying in 2011, and that's why we've been able to make millions of dollars in the market.”