The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?

@FaithAndrada-xo9ou

2 сағат бұрын

I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.

@BrewerVera

2 сағат бұрын

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation from $275k to $850k.

@fredrickmcgraw9491

2 сағат бұрын

I've been considering but haven't been proactive. Can you recommend your advisor? Could really use some assistance.

@BrewerVera

2 сағат бұрын

Rachel Sarah Parrish is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

@fredrickmcgraw9491

2 сағат бұрын

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

What's the best approach to capitalize on the current market conditions? I'm deliberating on whether to diversify my $150,000 stocks portfolio. How should I reallocate stocks in my portfolio to mitigate against a crash?

@WestonScally7614

2 күн бұрын

The market is volatile at this time, hence I will advice you get yourself a financial advisor that can provide you with entry and exit points on the share/etf you focus on.

@Redwood4040

2 күн бұрын

I was recently through an investing nightmare during the crash in march 2020. I think with the assistance of my advisor I have so far grown my initial investment of $145k to $480k

@louis71350

2 күн бұрын

Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.

@Mckennie61751

2 күн бұрын

This is definitely considerable! think you could suggest any professional/advisors I can connect with? I'm in dire need of proper portfolio allocation

@JordanReam8186

2 күн бұрын

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

Regular people know that prices for food, cars, gas, insurance, rent and homes are out of control.

@pgaquigz1125

21 күн бұрын

Sooimln

@MONEYM723

20 күн бұрын

Exactly

@debl9957

20 күн бұрын

It's been crazy, how everyday items have gone up in price.

@craftymulligar

19 күн бұрын

Everybody is in on the steal, even the house flippers.

@stefc7122

18 күн бұрын

@@craftymulligarinteresting you mention this because RE investors and developers are out of control yet we want one a family of RE grifters in charge instead? I can’t see any of these people we elect being able to stop the grift especially during collapse. It’s as if they create these collapse events on purpose to grift some more.

You went through a half hour to explain why people are struggling, and then told them to diversify in imvestments they already can't afford. That's the ultimate irony.

My retirement plan is be the guy who knows how to grow food.

@devildog2328

21 күн бұрын

Amen my brother..FJB

@geo9884

17 күн бұрын

Great plan. The landowners who grow food will be the new wealthy.

@catdaddy5192

10 күн бұрын

LOL. Good luck with that.

@loktom4068

3 күн бұрын

As a farmer?

@junkyardhero5202

3 күн бұрын

@@catdaddy5192 LOL thanks!

Rickards says it like no other. My husband's portfolio for the past 30 years has always been self managed and I own 3 shares of Berkshire Hathaway Class A stock (BRK:A) which I bought in at about $17,000 during the mid 90s, I’m currently liquidating some of these positions to incoporate new Gen. Stocks, but am I better off re-investing into Gold as it seems stocks are a little too unstable right now.

@esnolgalves3344

25 күн бұрын

Invest in real estate, ETfs and high-yield savings account.

@clintscott3300

25 күн бұрын

Just buy Gold and protect your assets, the stock market is a rollercoaster.

@Javier_Rodri

25 күн бұрын

The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit...

@Javier_Rodri

25 күн бұрын

...if he's not too savvy with the current trends, buy and hold on strong companies with good earnings, or consult with advisrs on etfs and actively-managed funds. I am up by 918 percent in 2yrs under supervision.

@simone_maya

25 күн бұрын

we fired ours 30yrs ago. now I am beginning to see the benefits, how do I get one? Considering your point I won’t want to get into a bubble. Can you recommend any?

Klaus Schwab and the global politicians want to see us poor.....

@billq427

25 күн бұрын

"you'll own nothing and be happy "

@130VonKleist

25 күн бұрын

Reenact the French revolution, and you'll be happy.

@tiffanyisaacson1407

24 күн бұрын

And eating bugs 😢

@EEE-jb4zw

24 күн бұрын

To control, manipulate, distract, use, and abuse us.

@TheDarthpsi

23 күн бұрын

Not poor, dead and gone.

I foresee a recession lasting 2-3 years, and if inflation continues to surge, the Federal Reserve will likely raise interest rates soon. Inflation is causing various issues worldwide, such as food shortages, scarcities of diesel and heating fuel, and significant spikes in housing prices, leading to a potential financial market crash. This global downturn could have long-lasting repercussions. Given the current inflation rate of approximately 9%, my main worry is how to optimize my savings and retirement fund, which has remained stagnant at around $300,000, yielding almost no gains for quite some time.

@frankedwardark

24 күн бұрын

Numerous opportunities exist to achieve substantial profits at present, but executing high-volume and nearly flawless trades requires the expertise of real-time professionals with an ISDA Agreement. This agreement allows investors to participate in sophisticated trades, exclusive to seasoned individuals, and unavailable to amateurs. Attempting to be a high-stakes trader without an ISDA is akin to trying to win the Indy 500 riding a llama.

@kurtKking

24 күн бұрын

I'm sure the idea of an invstment-Adviser might sound controversial to a few, but a new study by Motley-fool found out that demand for Financial-Advisers sky-rocketed by over 42% since the pandemic and based on firsthand encounter I can say for certain their skillsets are topnotch. I've accrued north of 580k within 16-months from an initially stagnant Portf0lio worth 85k.

@donovantobs

24 күн бұрын

Can you recommend a Professional experts, I am in need of one.

@kurtKking

24 күн бұрын

Actually its a Lady. Yes my go to person is a 'Michele Katherine Singh'. So easy and compassionate Lady. You should take a look at her work.

@donovantobs

24 күн бұрын

Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.

Our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.

@Alejandracamacho357

16 күн бұрын

People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.

@PhilipMurray251

16 күн бұрын

Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

@Christine-ce4xo

16 күн бұрын

How can i get started when it comes to investing and passive income?

@PhilipMurray251

16 күн бұрын

My CFA LInda Aretha Reeves a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

@Christine-ce4xo

16 күн бұрын

Thank you for this Pointer. It was easy to find her handler, She seems very proficient and flexible. I booked a call session with her.

Middle class got wiped out when we funded 2 illegal wars for over 2 decades with no end game, cut taxes for the ones that least needed it indefinitely and incentivized the outsourcing of as many jobs as possible. Just didn't know it yet.

@kevinsears7382

25 күн бұрын

If you’re referring to the Trump tax cuts, they were heavily weighted to the lower and middle classes and resulted in historic wage growth among groups who most needed it. Nothing chases our industry to foreign countries more than higher taxation and over-regulation. The problem that has yet to be properly addressed is government spending. That’s what’s fueling the inflation that’s killing our economy. I agree with your criticism of funding forever wars. Not since WWII have we seen success on the battle front. Korea, Viet Nam, Iraq, Afghanistan, Iraq again, and even the Cold War with Russia (in which I proudly served), have cost more in blood and treasure than any objective opinion can say have yielded long lasting benefits.

@mattrohr1266

25 күн бұрын

I agree, except the rate cut part. Any tax cut will benifit all classes. The Gov having this money is the worst case. Nothing significant will make it into the economy in our country compared to an individual.

@pmorton7960

25 күн бұрын

@@kevinsears7382 I never made more than 70K a year in my working life. This benifits people that pull in 400k a year more than broke folk, and it ends in 2025 for people, but not corporations still setting up shop in China, India, Mexico, Germany and even Italy which is hilarious etc.

@ronb7931

25 күн бұрын

Nothing has hit the middle working class like the Biden years with the Obama years coming in second worst…

@CTX-lk8hf

24 күн бұрын

@@mattrohr1266 Yeah anyone arguing for ANY amount of money to be taken from the productive citizens and handed over to the scumbags in government cannot be taken seriously.

My biggest household expense is TAX, followed by INSURANCE. The phoney-baloney CPI indexes are a lesser part of the inflation picture. There is no force that can lower taxes since all governmental bodies are insatiable; and insurance costs are driven by greed and lack of oversight.

@herlegz6969

24 күн бұрын

Huge corporations writing the legislation the GOP signs into law pay no tax so we are forced to subsidize them. USA is slave nation for corporations and wall street.

@jeradgorney1786

22 күн бұрын

I now pay $500-$600 a month in property taxes. That comes down to around 10% of an average persons take home. Insane.

@ambhatti1538

21 күн бұрын

For business owners, liability insurance is through the roof. No one is considering that item when talking about service and product costs.

@herlegz6969

21 күн бұрын

@@ambhatti1538 bankers and their enslavement insurance is literally the biggest cause for the nation collapsing. Total last ditch fleecing as capitalism collapses.

@Bluemoon92585

21 күн бұрын

I know. Costo keeps raising auto insurance

Concerns about a potential recession and the Fed's talk of interest rate hikes have left me uneasy. I'm unsure about my $700K portfolio strategy, considering the uncertainty of a recession and the possibility that interest rates may not rise significantly

@donna_martins

18 күн бұрын

I completely understand your concerns. But In this current unstable markets, It is advisable to diversify while retaining 70-80% in secure investments. looking at your budget, you should consider financial advisory.

@robert-1miller

18 күн бұрын

I agree. This is why having the right plan is invaluable, my $210k portfolio is well-matched for every season of the market and recently hit 40% rise from early last year. I and my CFP are working on a more figures ballpark goal this 2024

@Trevor_Morrow_LTD

18 күн бұрын

that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.

@ilyaveysman.

18 күн бұрын

How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

@robert-1miller

18 күн бұрын

’vivian jean wilhelm’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.

@yeslahykcim

12 күн бұрын

the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

@Jadechurch-ql3do

12 күн бұрын

Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.

@lucaswilliams9992

12 күн бұрын

Please can you leave the info of your lnvestment advsor here? I’m in dire need for one

@Jadechurch-ql3do

12 күн бұрын

Laila artine kassardjian' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

@geraldt331

12 күн бұрын

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.

@LarsBergstrom-uh2eu

17 күн бұрын

Let's face it... buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k I want to transfer into an s&p but its hard to bite the bullet and do it.

@tommychestnut5335

17 күн бұрын

You need a Financial Advisor my good friend, so you don't get ripped off in the market. They provide personalized advice to individuals based on their risk appetite, placing them among the best of the best. There are bad ones, but some with good track records can be very good.

@Natalieneptune469

17 күн бұрын

I know I've wanted to start investing for a few months, but just haven't had the courage to start because the market has been down for most of this year. Please how can I reckon with such skills and what are his services like?

@tommychestnut5335

17 күн бұрын

Kathleen Cheryl Constantz is the certified fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@Natalieneptune469

17 күн бұрын

Thank you for this Pointer. It was easy to find Kathleen Cheryl Constantz on the web. She seems very proficient and well-read. I booked a call session with her. `

Coming out of facing alot, I knew two things about the stock market: It caused the Great Depression, and the fastest way to make a million on the markets was to start with two million. And then the Great Recession happened only a few years later. So yeah, I wish someone had better explained it to me earlier in life. Having a good entry and exit strategy will make you succeed in the stock market.

@thelooseseal

24 күн бұрын

There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.

@greekbarrios

24 күн бұрын

Exactly, most of the investors pays more attention to the profit aspect forgetting that the market involves ups and down. securing your financial position requires lots of patience and proper education on the market so as to know the right profitable stock to buy and invest in. I made over $260k in profits, from just the Q4 of 2021. Investing in the stock market is most profitable when you understand how the market actually works.

@Doracox22

24 күн бұрын

I really acknowledge your comment, i have been trading stocks for a while now but i have not been able to make much. how do you achieve this feat?

@greekbarrios

24 күн бұрын

Kristin Amber Landis is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

@Doracox22

24 күн бұрын

I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

"The Federal Reserve System is not Federal; it has no reserves, and is not even a system at all. But rather an international criminal syndicate."- Eustace Mullins.

@sandienochs6132

27 күн бұрын

It is a Cartel.

@Misiracaltudamecekas-qw8xo

27 күн бұрын

Everything goes up eventully must come down. The moon distance 400000km away. Humans made it 800km up. Gravitation forces are very powerfull. Car Putin might cut the internet cable in ocean and that is going to be excuse for the end of fiat currency I think.

@dookieboy2106

27 күн бұрын

Yep paper pirates ☠.

@rex69832

27 күн бұрын

100%. You may as well call it a criminal cabal. They forced the FED upon us in 1913 to create a debt based that they knew full well would fail at some point. And here we are on the brink of a precipice in 2024.

@rex69832

27 күн бұрын

​@@Misiracaltudamecekas-qw8xo Don't blame everything on Putin. He has no interest in cutting the internet cables just like he didn't destroy Nordstream. If anyone's going to cut the undersea cables it'll either be the US, by way of the CIA, or Israel or Britain. Fiat currency IS the end and right now the FED reserve note is worthless compared to the 1913 note. I would rather think that what you mean is that there will be some kind of false flag or crisis severe enough so that it will give them an excuse to bring in their CBDC. And at that point people will have become so desperate that they will willingly flock to the new CBDC and adopt it as a way to save themselves from their own shortsightedness and mistakes. But before that happens the government, with the help of the FED, will find a way to make all other digital currencies illegal. Especially bitcoin and will find a way to shut them all down. One ring to rule them all. The ring around your neck. One digital currency to rule and control us all. To plunge us all into servitude and slavery. To bring back the feudal system full force. Lords and serfs. No more private ownership. You'll rent or lease everything. The comprehensive rise of 15 minute cities. How long will people allow themselves to be held as prisoners? The Stockholm syndrome only goes so far. We still value freedom above all else and at some point there WILL be a revolution against our oppressors.

“Not buying anything for 18 months” is the worst advice before a global economic collapse. Everyone should be stockpiling food and researching prepping, self-sufficiency, survivalism & preparedness.

@mrsironside1984

24 күн бұрын

Absolutely 💯 % Stock pile food water and pew pew pellets

@Blister1771

23 күн бұрын

I think it means ‘don’t buy unnecessary material things ‘, read between the lines .

@rubyserenity90

22 күн бұрын

No amount of prepping will save us from The Great Tribulation, spoken of in The Holy Bible! We need to believe in Jesus and get right with God

@judd_s5643

21 күн бұрын

@@Blister1771they don’t have read between the lines they need to have some common sense and engage in some critical thinking.

@user-et2fj8xm5l

21 күн бұрын

Bingo!!!

"Janet Yellen, she's kind of an affirmative action dunce" gotta love Rickards! 😂

@paulrettig1507

27 күн бұрын

Yellen does what she's told to do.

@sm30046

26 күн бұрын

Yellen was a dunce when she was the Fed Chairperson…

@bassmanjr100

25 күн бұрын

He was being too kind as far as I am concerned.

@user-uw8zr8lo8s

24 күн бұрын

Yoda she is

@lathanf-5432

23 күн бұрын

😂😂

Live your life ,forget about insurances mortgages cars houses ,thats not really the game ,thats just a form of control over you . If you think your time on this earth is about money and possessions, then theyve got you , you come in with nothing you go out with nothing ,so just try to enjoy YOUR TIME while your here .

@johnmeehan7884

2 күн бұрын

Said goofy who wants to be a burden to everyone in their life.

I graduated into stagflation. Memories. The wealth disparity is greater than the Great Depression.

I like Rickards, he's brutally honest about the Fed's incompetence.

@rayparsa3069

27 күн бұрын

Incompetence??? Or Intentional? So these people are supposed to be super smart, and yet, you accept a century of continuous incompetence, where the value of the dollar has been erased by 99% ???

@christophersalinas2328

23 күн бұрын

Or is it deliberate incompetence

@patana256

15 күн бұрын

They've been doing this for decades. Is it really incompetence?

We have been in a recesion since 21. Just because the powers that be change the definitions of words like what is a recession doesnt mean we are not suffering from one.

@brianf8621

23 күн бұрын

You have to hide the truth somehow.

@lloyddardenjr3151

22 күн бұрын

2020

@kevoreilly6557

21 күн бұрын

So an inflationary recession - explain that one to me? (And no, that is stagflation)

@freshsox7052

3 күн бұрын

Since I was 17 lol 89

Gas went up almost 20% in a little over a month.

@gloriaarmstrong999

24 күн бұрын

True $5.00 gallon Rrrrr

@kuzya12

23 күн бұрын

My rent doubled last year, 2200 now, food also doubled in price. FL 😡

@Deppel57

22 күн бұрын

LOL- global oil prices.

@cryptosporidium1375

21 күн бұрын

Gas tends to rise in spring and fall due to the additives used to preserve the fuel’s temperature.

@youtubelicksmytaint7482

21 күн бұрын

bidenflation

Something's definitely got to budge, house pricing way too high, rent prices are ridiculous, pay is terrible, stock prices are high, petrol prices, cost of living, things cant just keep going up like this.

@Bill_Woo

17 күн бұрын

But you need to look to the Pauls and Massies who actually profess to REDUCE spending which causes price inflation. Instead, fool voters look to Congress to DO something when they need to STOP doing what they do. I hope you're not similarly clueless. How about NEGATIVE 20% inflation rate from cutting Congress's perverse spending of others' money?

Nobody knows whats going to happen

@dangerbronson

15 күн бұрын

Some people definitely know

I have a bad feeling that the U.S. is about to revisit 1929. I also think that the only people who'll be able to coast through it will be billionaires.

@mikelee6936

23 күн бұрын

And would that be because of the dimmo's? Of course it is!

@thegreatgiginthesky387

23 күн бұрын

Maybe we will. This time it will be different though. Lots of crazy people out there that don’t care about the country or it’s culture or have any morals and they will eat me, you, and the rich…

@claykeough7898

23 күн бұрын

Honestly the entertainers and athletes are already the 'middle class' if you did the math. Anyone below 8 figures a year is mathematically the lesser group of people. Not saying I need that much at all but it just shows how greed has broken capitalism big time. It's disgusting the wealth that we praise!!! What's enough for you and your loved ones? Let's be generous and say 20 million. Jeff Bezos, Musk the beloved Taylor Swift and the elites have so many more times than to count it would take care of countries for centuries!!!!! I'm not saying people shouldn't do their part or that brilliant minds don't deserve a great life but that's a disgusting amount of wealth and we're all paying the price for it.

@shinobirising8196

23 күн бұрын

@@claykeough7898 Preach. But it will all balance eventually. The elites will get to enjoy that complete exclusivity for awhile. Until the lower classes realize how much they outnumber them and get fed up. This stuff is cyclical.

@Hhbdr

22 күн бұрын

Millionairs will be ok too.

Money printed is not money.. its currency.... money is gold!

@SenorJuan2023

26 күн бұрын

"That's Gold, Jerry. Gold!"

@marasegal1849

26 күн бұрын

Fiat currency and the petro dollar, will not be able to compete with asset backed currency. Other countries will refuse to accept fiat currency as payment.

@citizenjosie714

25 күн бұрын

When government is in deep shit.. they will grab your gold as well.. easiest asset to get hold of!

@longydongy1004

25 күн бұрын

Gold & Silver

@philhubb5885

25 күн бұрын

And silver and copper.

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Claudia Jenkins.

@derekmorris2630

22 күн бұрын

I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...

@stevecole934

22 күн бұрын

She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

@Scott0152

22 күн бұрын

You trade with Claudia Jenkins too? Wow that woman has been a blessing to me and my family.

@stonesmichael9841

22 күн бұрын

I'm new at this, please how can I reach her?

@tysonfurry2516

22 күн бұрын

The first time we had tried, we invested $1400 and after a week we received $5,230. That really helped us a lot to pay our bills.

It is time to cut CEO wages. Not raising the prices of products. CEO wages have been the demise of the country.

@agreetodisagree4751

25 күн бұрын

I agree, and I am all for capitalism. There should be a ratio of pay from the CEO to the person who makes the coffee, such that the more the top dog in a company gets, the more the coffee maker gets. the same type of ratio in every company, including the hot dog truck. That is what I propose instead of the government taxing them. Why should the government get what was made on the backs of the people in the company?

@scruples671

25 күн бұрын

@agreetodisagree4751 Because in theory the Government is the people but that had been highjack. People believe it is Capitalism that made things happen when it was really the foundation of this Country and the people that made it work. Capitalism is there to take a cut. Capitalism didn't make it happen. They theorized over 100 years ago that pure Capitalism would fail. We are watching it happen. So would Socialism and So would Communism in pure form.

@mumbles215

21 күн бұрын

Corporations have. True dirge to the American way of independent. Mom and pops built this country one town at a time.

Many of the problems facing the US can be attributed to the overwhelming influence of the big corporations and elites who care nothing about a fair society. Or the environment for that matter. Their overwhelming preoccupation is and always has been ever increasing profits.

@alexinfinite7142

22 күн бұрын

We venerate pathological hoarding and then wonder why the rest of us starve

@susiex6669

22 күн бұрын

Unfettered capitalism just leads to corporate greed.

@k_zildjian4460

22 күн бұрын

"Public corporations owe their primary allegiance to stockholders, not employees. Therefore, companies should seek to lower costs and maximize profits by moving operations wherever is cheapest."--Jack Welch (CEO of GE from 1981-2001). If you were a big corp in the 80's, these became words to live by. This is what is known as "saying the quite part out loud."

@susiex6669

22 күн бұрын

@@k_zildjian4460 And this is where it all started to fall apart. China exploited their sense of greed.

@kevoreilly6557

21 күн бұрын

As warned by Adam Smith in the Wealth of Nations

The problem we have is government officials changing the standards of how we measure our economy to keep the public in their favor. If the FED is getting incorrect data by these flawed standards, they cant possibly get it right. Standards should be set to prior standards of 1970, and made illegal to change this standard. This political changing of standards are what has brought the nation to this point and it never should have happened in the first place.

@amde8554

21 күн бұрын

Exactly I don’t care what people say we are currently in a recession

@Bill_Woo

17 күн бұрын

What do you think of "the highest 12 month inflation rate was 9%" ? BTW, Jim omitted insurance. That one has recently exceeded 40% for some of us.

Been hearing about the collapse for 16 years. I don't believe it will be a collapse like 2008. Most likely it will be a silent recession where the top 12% will contnue to get wealthier while the bottom 88% become poorer through stagflation lasting into the next decade. Jobs will pay less while lower paying jobs increase with less benefits. Pensions will continue to disappear while savings decreases. The financial markets and housing will continue to go up. Own assets such as real estate, land, equities, and cash while decreasing stupid spending. The next 10 years will be tough for 88% of Americans.

@danmulvaney4580

24 күн бұрын

I’m pretty sure you nailed it.

@coreyburke3493

24 күн бұрын

The way around that is unions. Look at the unions they are getting paid that's why companies hate them.

@dougdownunder5622

23 күн бұрын

Thanks. It is my reluctant observation too.

@razbearymoon1276

23 күн бұрын

I agree, except I think it will be higher than 88% and a lot worse than we even think

@bighomie245

22 күн бұрын

Sadly most of the youth didn’t have the luxury of being born before this horrendous economy Many of us cannot afford even a starter home to live in on 2 jobs or a career salary. The only folks I know that have moved out in their 20s have very wealthy family members that help by paying for their cars and houses

Please, no mind numbing music.

EVERYTHING is going up: gas, food, rent, utilities, car insurance, taxes. I am a middle class retiree on a fixed income and don’t know how long I can survive with this inflationary economy.

@Bill_Woo

17 күн бұрын

Well buckle up, because stooges continue to vote Democrat. Asking the people who create the problem to fix it. And watching them supposedly "doing" so by spending MORE of your money. Rotsa ruck. Seniors apparently approve of price inflation based on all those Blue votes.

Bills keep getting higher every month and food too along with taxes of property

No food for 18 months is gonna put a big hurt on me.

@breckfreeride

27 күн бұрын

Bet you still have tp from 2020... Lol.

@actionA06

27 күн бұрын

TP !? You had tp? I ran a garden hose through the window 😅

@tiffanyisaacson1407

24 күн бұрын

😂 He's meaning housing and vehicles. I think food is ok. Just dont be putting it on credit cards. Get rid of debts it's going to get worse 😢

@broccolincarrots4124

24 күн бұрын

@@actionA06oh my😮

@Tmarc7665

24 күн бұрын

@@actionA06beday

American inflation will never give up until the FED stops printing money from thin air. Ukraine and Israel are good examples. High interest rates will never tackle inflation if money printing do not stop.

NINE SIGNS WE HEADED FOR 1929 GREAT DEPRESSION REPEAT. Silent Recession / Inflation / High unemployment rate/ Govt Debt out of control / Hyper Inflation / Rate Dollar weakening / Gold price increase / High Stock Market Evaluations (lies) INFLATED Property Market (not selling & interest rate too high) Banks in trouble (brakes on credit now)/ WW3

@Skepticismistheway

27 күн бұрын

Idk why you put ww3 on the list.... If you didn't know wars buffer the economy because they create large demand for manufacturing jobs to create military equipment... If you knew your history you would know what event fixed the great depression

@DavidJohnson-yg8qm

26 күн бұрын

It is blatant.

@MH-il1lk

26 күн бұрын

Why does Biden say, "Everything is going great!"

@aliekatsmom

26 күн бұрын

​@@MH-il1lk To keep Democratic power to keep his destruction of America to CONTROL PEOPLE BY FOOD,MONEY, NO FREEDOM, SILENT SPEECH. VOTE TRUMP2024 🇺🇸🇺🇸 t9 STOP THIS.

@josephsmith2084

25 күн бұрын

ONE SIGN WE ARE HEADED FOR A 1929 GREAT DEPRESSION REPEAT. Democrat Voters.

In Canada atm. Ordering takeout recently - almost every menu item was close to $20 each. I've never bothered much about prices but my wife and I were VERY surprised. And the prices also jump significantly between dish sizes. Small Dumpling Soup $20 Medium +$6 Large +$9 We decided it's become too expensive now...just literally throwing away money. Better to cook it yourself anyway.

We the people should not have to pay no more taxes on anything

You work for a 40yrs to have $1m in your retirement, meanwhile some people are putting just $10k in a bitcion coin for just fe months and now they are multimillionaires thanks to Charlotte Grace Miller

@jahhflies

25 күн бұрын

After I raised up to 125k trading with her I bought a new House and a car here in the states also paid for my son's surgery Glory to God shalom.

@GilbertMiles-yg6xx

25 күн бұрын

The very first time we tried, we invested $1000 and after a week, we received $7500. That really helped us a lot to pay up our bills.

@UsamaG-mq1jy

25 күн бұрын

I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

@AaronHansen-iu1df

25 күн бұрын

she's mostly on Instagrams, using the user name

@AaronHansen-iu1df

25 күн бұрын

FXMILLER18 💯.. that's it

If you look at past interest rates the rates actually need to come up more. We need the fed to stop printing money and devaluing it, we need housing prices to come down and corporate conglomerates to stop inflating house prices. Then we need the government to cut all spending across the board.

My friend is shoe repair services. People are suffering. Mostly, foreigners buy expensive shoes. Regular citizens know more than most politicians. So sad everything is going down. But nothing has been done.

Printing money non-stop is what causes inflation. BRICS nations are done with the US dollar as well. Better invest in silver and gold.

5:44 Incorrect, most people spend most of their money on their house, because of the ridiculous real estate prices. And real estate isn't included with any variant of CPI, so CPI type figures are unreliable datasets.

@wll1130

25 күн бұрын

CPI is intended to be unreliable. The entire purpose of the CPI is to hide the actual rates of inflation from the useful idiots who would surely revolt if they understood the actual rate of inflation and the causes of it.

Better buy things, your dollar about to be worth the much. Weimar republic: guy was wheeling a wheelbarrow to his destination, filled with cash currency. He was robbed, they dumped the paper currency and took the wheelbarrow because the paper was worth nothing.

@yavor19121

27 күн бұрын

In the time of inflation and hyperinflation the best way to protect yourself is to buy gold. When the price hits its peak sell it and buy a land or farm.

@marasegal1849

26 күн бұрын

For those who cannot afford to purchase gold, invest in silver.

@agreetodisagree4751

26 күн бұрын

@@marasegal1849 Yes, you can climb a "ladder" by going back and forth. I don't remember the formula, but when the ratio in price starts to close, you switch to the other.

"Money is gold, everything else is credit." (JP MORGAN 1912)

@marlanoronha4065

21 күн бұрын

Since then the economy prospered. Imagine if people were afraid and did not invest.

Now all "assets" basically have the same daily, even hourly candles (price action) It is all just the devaluation of the currency. The homes have gotten older, more rundown yet they are now 3x more than in 2019... only because Fed is debasing the currency- same with stocks- they are more overvalue dnow than at any time other than 1929.. only because the currency they are valued in is losing value quickly

This seems like the worst period. Even the market are now very unpredictable. Started investing recently when the market prices were a bit high,today I am more than 60% down!

@vitaliisych.

27 күн бұрын

Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Celia dullpher

@DivineChibueze-od8py

27 күн бұрын

I agree just reached my goal of $500k monthly trade earnings. Setting realistic goals is an essential part of trading.

@RobertLinda-lz6nf

27 күн бұрын

Please educate me, i'm willing to make consultations to improve my situation,

@vitaliisych.

27 күн бұрын

celia dullpher expertise is truly commendable. She has this skill of making complex crypto concepts easy to understand.

@MilitarycamBase

27 күн бұрын

I agree. Based on personal experience working with an investment advisor, I currently have $1m in a well diversified portfolio, that has experienced exponential growth. It is not about having money to invest in stocks,but also you need to be knowledgeable, persistent, and have strong hands to back it up.

It will take a few years but what is ahead will destroy the middle class.

@kevoreilly6557

21 күн бұрын

What will destroy the middle class is not collecting taxes

Thank you, Mr. Riccards!

Removing cost of living from the model to make paint a better picture is criminal. I make 190k a year in San Diego and I can't afford to buy a house after gas, food, and utilities. We're barely even able to to save money at all. Housing prices are crushing the middle class

Food, water, firearms, brass, copper, lead, silver, gold, dogs and a place to live away from the vast majority of foolish people.

@user-vw8nh4dw2o

27 күн бұрын

Most dont listen to sound advice.

@johnbethea4505

27 күн бұрын

Have them al plus farmland, timberland, and solar panels.

@user-vw8nh4dw2o

27 күн бұрын

@@johnbethea4505 or, where I live, a Sailboat. Living Offshore Ocean, sheltered Wilderness or Marina environment.

@johnbethea4505

27 күн бұрын

@@user-vw8nh4dw2o sounds good 👍

@sitnhere

25 күн бұрын

you're talking lots of money to do that......lots.

I have a very exact budget in our household, in the last 4 years that budget has had to be adjusted by almost 30%. No equations, no fluff, just paying for the same goods and living the same life costs me 30% more and this is with changing buying habits as well, so that is even lower than actual “reality”

@mumbles215

21 күн бұрын

Same here. I have to work two overtime shift (thankfully I can) just to make the 30% more to live how I lived 3 years ago. Taxes and insurance are the most expensive things I pay for. Soon I’ll have to do 4 extra shifts a month

@timothyandrewnielsen

21 күн бұрын

I feel you bro. I have NO IDEA how people are surviving right now.

What are the strategic reserves at? Think prices wont go up again when they fill it again?

Excellent video that covered a vast swath of economic indicators with an easy to follow flow of cause and effect, to how then do we respond. I enjoyed watching and learning and I’ll be a new subscriber today.

History shows us that the longer the yield curve stays inverted: the worse the recession. We are above the average inversion term. All indicators are showing a loom terrible recession ahead.

If this country stops purchasing goods and services that will cause huge problems. Lord Stop the silliness and keep America safe for our Children and The Elderly as well.

@AyyWells

22 күн бұрын

The elderly put us here.

This is very good information. Thanks for sharing

Great video. Good advice. Save everything.

Very well done video. A lot of good information. I do have CDs earning 5.5%. Very safe investment in troubled Economic times. We are also being hit on vehicle insurance and homeowners insurance.

@davidhopper7295

22 күн бұрын

Higher Vehicle insurance is from EVs. They are totalled from small accidents. Unfixable. High risk if fixed. Just total it and put the dangerous elements in the landfill. Great plan. They are throw away like the dodge neon, the Nissan versa, and a 65" tv with a dead spot in the screen.

@josephk6136

17 күн бұрын

​@@davidhopper7295wrong. Higher insurance is due to the 40% increase in vehicle theft seen since covid.

im not an economist but i am a skeptic. i say it takes 25 years to get back to what we had 5 years ago. it will take 5 years to get much worse, then it will be 10 years of being that bad then they will try to fix it which will take another 10 years. then by 2055 they might add a "0" to the end of the dollar

@tiffanyisaacson1407

24 күн бұрын

Im 45, and it won't be fixed in my lifetime. Joe screwed up my retirement 🤬

@mohammedjeffali1076

23 күн бұрын

I know this, when the economy goes its going to go fast.....because yes it's been a slow train wreck. Slow, slow, slow, then fast. I had a dream that America was a casino steamboat that no one was investing in. It was taking on water, but no one noticed. It sunk in less than one second. The water front hotel across the street, with the gold lobby, was China. The lady at the desk was telling the Americans that they have to pay her, but no one had money. She said, "You have to pay, we have more debt that you do."

great video!

I followed Jim Rickards. I subscribed to his newsletters. Any other newsletter that I paid for after that paid me much better than anything that Jim Rickards suggested.

@inquisitive8903

23 күн бұрын

His predictions have failed...currency wars...

And still people arent talking about wealth distribution... crazy

Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.

@rogerwheelers4322

7 күн бұрын

The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.

@joshbarney114

7 күн бұрын

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

@FabioOdelega876

7 күн бұрын

I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

@joshbarney114

7 күн бұрын

Finding financial advisors like Marisa Breton Dollard who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

@FabioOdelega876

7 күн бұрын

Marisa has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.

I read Jim's book in 2019, took his advice and sold my house before everything was meant to crash... Bad move- property price has doubled since then... Thanks Jim,Cheers from Australia

@Timithos

8 күн бұрын

If your housing prices in 2019 were rising and hitting all time highs, you still made a good decision, regardless of what you missed out on. Don't FOMO. I bought a house in 2009 and sold it in 2017. I still made bank, and don't care what I missed out on.

Fantastic video! Best one I’ve watched in a month!

I read the book Road to Financial Ruin so familiar with your diversification advice. Thx. ( Guess the key is making sure you DO actually diversify and not de-Worsify, a term, I believe, coined by Buffett.)

@rubyserenity90

22 күн бұрын

We are on the cusp of The Great Tribulation, you think its bad now? People have no idea whats coming!! The Holy Bible reveals all truth.. time is short. I recommend Jimmy evans tipping point, Jeremiah Babe, Amir Tsarfati Behold Israel, Watchman River, Watchwoman65 All can be found here on youtube.

I agree, i think we've been in a depression since like 08/09. The only thing os no one admits it and the government bailed out enough people to do some economic sleight of hand to distract us all

@rubyserenity90

22 күн бұрын

I agree

We spend $30k/ year on insurance. Home, auto and health. And have average home, vehicles and health insurance that never covers 💩

Great video.

Would be much better w/out the annoying background music

@aeneaslime2968

25 күн бұрын

I like background music. It's like danger is coming. With lo❤

@TortolaBeachBum

24 күн бұрын

I like it

@gabriellagrace4734

24 күн бұрын

I love it

@shhought

24 күн бұрын

They could slow down the images, hurts my brain to change them so fast! lol

@youdagoob

24 күн бұрын

It makes all this sound much more dire. Maybe 🤔 it should be some upbeat bluegrass? Then the outlook would seem much brighter.

Recession! Crash! Inflation! It’s getting depressing. I have about $100k in emergency fund and I have been seeing good news about the stock market and would like to gain from that since I can’t let my savings be corroded by inflation. What stocks should I into as a newbie to safely grow my money.

@AllenNichol

20 сағат бұрын

Find stocks with yields that exceed the market and stocks that, at the very least, follow the long-term market trend. However, you should get guidance from a financial advisor if you want to create a successful long-term plan...

@tmer831

20 сағат бұрын

The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

@DavidCovington-st2id

20 сағат бұрын

Hello Tmer, How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

@tmer831

20 сағат бұрын

My CFA ’’ Vivian Carol Gioia, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..!

@DavidCovington-st2id

20 сағат бұрын

Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

Ok so i dont buy anything for 18months. The economy and society itself crashes around me... What exactly am i going to do with that saved "money"?

Rickards sums up the current econometric system pretty much on point in my view ✅

Always believed in owning land and gold and lives stock with water.

@acornsucks2111

27 күн бұрын

I heard this same message decades ago,

@rajkahlon8254

26 күн бұрын

@@acornsucks2111 you heard right. I agree with my older family members too. That's why I bought 55 acres of land and apartment building building and a house and no debt . I learned from my family members to live in a budget especially from my Grandparents. It's took years of planning and work to get where I'm today . Thanks God for everything.

@nahbro3240

22 күн бұрын

​@@acornsucks2111well if you bought gold a decade ago you just made bank. Lol

I can't believe Powell had the nerve to say he doesn't think the super loose financial conditions have anything to do with continuing inflation.

@timothyandrewnielsen

21 күн бұрын

Theyre all puppets for the super rich.

Thanks

1% of the population owns 50% of the world's wealth.

Cut the background noise please! I can't listen because of it

@aeneaslime2968

25 күн бұрын

I can hear fine. It's kinda cool bc danger coming

@gabriellagrace4734

24 күн бұрын

I hear it just fine! It’s sounds great

@thegreatgiginthesky387

23 күн бұрын

Stop bitching bro. You’re better than that…

@mkkrupp2462

23 күн бұрын

We don’t need it .

@thegreatgiginthesky387

23 күн бұрын

@@mkkrupp2462 Now you’re being selfish. Please don’t speak for me. It’s fine as is. Have the day you deserve…

Greedflation.

@williamjones1212

27 күн бұрын

Some is but some isn't, People are in the business to make money.And when their expenses goes up how are they going to pay it with?Yes , the people who purchase their products , When a government interferes with a company by over regulating or over taxing , It rolls down to the little people like us , Just like when a fast food worker wants $20 an hour, then people. Has to make your decision whether to purchase a product from the fast food because it will be overpriced.Eventually, the worker will get laid off.Or technology will take their place ,,

Increased productivity thru technical innovation will be the way that productivity increases. AI, GPT Crispr will have a huge affect on our ability to pay down debt after we invest in the infrastructure.

People are not working to retire They are retiring to work

Music - very distracting

I'm glad I bought gold and silver years ago....

@tiffanyisaacson1407

24 күн бұрын

I wish I did. When I was working at 17, it would have been more affordable .

You are the go to guy Jim, thank you for steering me in the right direction for over 20 years.

Investors bought up homes 3% loans. They trippled rent. This is the Damm problem.

And budget has to include car insurance and homeowners insurance/renters insurance - all required.

You are forgetting insurance costs. Home, auto, health, life, long term short term disability

Diversification according to the Bible, "Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land." Ecclesiastes 11:2 1. Business ownership 2. Stock Equity Dividend ETFs 3. Bond Funds 4. Precious metals physical holding, or other hard assets (ammo, seeds, etc.) 5. Certificate of Deposits 6. Whole/Universal Life Insurance 7. Real Estate REITs and physical holdings 8. Cryptocurrency You watch to enter in at cheap prices, not everything at once.

The Feds can dice it a million ways, to Sunday. People still know, prices are way too high!

That background music is not only totally unnecessary it is extremely annoying

@thegreatgiginthesky387

23 күн бұрын

Stop bitching bro. That’s weak minded.

@blackdong4footwangnosucky

23 күн бұрын

Wot wong bro you have da ADD wanna go cry to mommy

I think you were saying the same thing a few years ago along with others who were saying the same exact thing , I think most of us understand that we are heading off a cliff it’s just a matter of when we fall off that cliff .

@rubyserenity90

22 күн бұрын

We are on the cusp of The Great Tribulation, you think its bad now? People have no idea whats coming!! The Holy Bible reveals all truth.. time is short. I recommend Jimmy evans tipping point, Jeremiah Babe, Amir Tsarfati Behold Israel, Watchman River, Watchwoman65 All can be found here on youtube.

This was an education in economy!

Sigh - I feel like the elephant in the room with USA economy is private equity, lack of regulation, and two generations of disinvestment. The gulf between the folks that have tons of capital, and the last few cockroaches that are scurrying away from what used to be the middle class is just bizarre, and absolutely gargantuan. I feel like we're at a weird place with private equity, consolidation, and "invtestment culture" where the ideal investment is a company that has no employees, doesn't make anything, and has an IPO worth over a trillion dollars. The only good investment is a unicorn. And, well, yes there are things happening in the real world, but the immediate effects of this sort of rush for short term gain from large companies, and maybe board members who have portfolios of conglomerates, looks like the tail end of a sort of scheme to make everything a unicorn, long term and emergent consequences be damned. When things contract they're going to contract fast. Because none of this isn't sustainable, every step forward is also a step towards the abyss. I'm sorry, but there's no such thing as a trillion dollar company. I'm sorry. When the time comes it'll just be the guys that sold when it was worth $999,999,999,999.00 and everyone else who sold 0.05 seconds later when it was worth way less, or perhaps was even worthless. When we run out of people to lay off, when nobody can afford the share-holder-demanded-return-on-investment chicken McNuggets, when billionaires can afford to live in cities where nobody can afford to WORK. . . . it all stops, and it will happen FAST. Because, when the private equity and tech bubble burst, EVERYONE will want to be the first one out when it's finally time to contract.

The cheapest thing at your local McDonalds is the employees' wages. It shows a great deal of ignorance to say that one or two hundred dollars a day in extra wage expense is going to greatly affect the cost of a meal at a restaurant doing tens or hundreds of thousands a day in sales.

@timothyandrewnielsen

21 күн бұрын

100 or 200? R u joking? Theres at least 5 people working a shift. 6 to 2 then 2 to close. $5 more per hour per employee. 5x5 (employee) x 8 (first shift) = $200 first shift. $400 for the day. Now add a few employees. Some McDonald's will have 10+ people there.

Gas is going up because it’s a tax at the pump. Also hybrid and electric cars are not using as much gas. Gas Price went up in England for years it was not because of recession.

@bassmanjr100

25 күн бұрын

Oil prices are up too. Taxes are ridiculously high. On the bright side alternative energy source are even more expensive.

@tiffanyisaacson1407

24 күн бұрын

We have plenty of oil to many dumb politicians worried about a fake climate change, so they closed the pipeline, and people lost their jobs .

WE ARE IN STAGFLATION RIGHT NOW!!!!!!

Giving money to other countries is not money entering into our nation's economy.