They don’t have a cash flow problem. They have a spending problem.

@nuevision8

9 күн бұрын

They have a government salaries & benefits problem. They have a federal income taxes problem.

@elonever.2.071

9 күн бұрын

They also have a hyper inflation problem.

@franknuzzo2576

9 күн бұрын

@@elonever.2.071 Inflation is built into the system, unfortunately. It’s what people want, also unfortunately.

@KASLtja

9 күн бұрын

Corporations control politics

@aab-el9bd

9 күн бұрын

@@franknuzzo2576 Inflation only benefits the wealthy, whose assets increase faster than the rate of inflation. The middle class doesn't want inflation and the poor get crushed by inflation.

Yet we had 95 billion to give Taiwan, Israel, and Ukraine...

@georgewolfiii1170

7 күн бұрын

Yes, and about 85% of all foreign aid is embezzled by the recipient countries, who are required to kick back part of the money to US officials. Foreign aid has always been a real gravy train for top US government officials.

@geraldarnoult

6 күн бұрын

That money goes to U.S. contractors and the U.S. Military industrials complex not what that sounds like

@HiDefHDMusic

6 күн бұрын

@@geraldarnoultso it’s even worse than just giving them money, like significantly worse

@StankHunt42

6 күн бұрын

And thats just one pay package. Theres been many before it and many will come after

@meowismeify

6 күн бұрын

@@HiDefHDMusic lol exactly

The average person has never been so poor. Millions of families are struggling financially as living expenses hit the highest levels in more than four decades. Over 60% of our country lives paycheck to paycheck and about 40% earns poverty wages. Even after working all their lives, more than a quarter of older people have no savings and many believe they will never be able to retire in dignity, while around 55% of elderly people try to survive on an income of less than 25,000 a year.

@belljoe

4 күн бұрын

Biden is worst thing that happened to us

@smithlenn

4 күн бұрын

TRUMP 2024

@dawsondanny990

4 күн бұрын

Having an FA is the best way to go. Based on a direct encounter with a CFP named Julia Hope Marble I can say with certainty that their skills are excellent. She helped raise over 580,000 in 18 months from an initially stagnant portfolio of 150,000

@dawsondanny990

4 күн бұрын

Having an FA is the best way to go. Based on a direct encounter with a CFP named Julia Hope Marble I can say with certainty that their skills are excellent. She helped raise over 580,000 in 18 months from an initially stagnant portfolio of 150,000

@dawsondanny990

4 күн бұрын

It’s a delicate economical season, so you can do nothing or little on your own. Hence, I will suggest you get yourself a financial advisor that can provide you with valuable financial information and assistance.

Opinions diverge; some claim overvaluation due to rapid gains, while others cite strong economic fundamentals justifying high valuations. Raises concern for my $600K equities going 8% up and 20% down. Should i hold on or sell off my positions and hold cash?.

@hullbruce

4 күн бұрын

It may be a good idea to speak with a financial advisor who can help you develop a portfolio based on your individual goals and risk tolerance.

@Jaymilnere

4 күн бұрын

It may be a good idea to speak with a financial advisor who can help you develop a portfolio based on your individual goals and risk tolerance.

@DanielPanuzi

3 күн бұрын

@@hullbruce I do agree, Investing has gotten difficult especially after pandemic, hence why I decided to use the expertise of an advisor, my spouse kicked against the idea initially, but oh well guess who's best buddies with our advisor now hehehe.

@Angelavaldess

3 күн бұрын

@@DanielPanuzi Hello thanks for replying, I'm curious to give this a try. Please who is your advisor and how do I get in touch?

@DanielPanuzi

3 күн бұрын

@@Angelavaldess Alicia Estela Cabouli is the licensed advisor I use. Just search the name. You’d find necessary details on the web to set up an appointment.

ONE WORD: CORRUPTION

@buravan1512

7 күн бұрын

The writing is on the wall 🧱

@__cdb

5 күн бұрын

Single-party Democrat cities have a revolving door of dirty politicians who select companies owned by friends and family to manage all of their city services for like the homeless, streets, garbage etc. San Francisco sidewalk cleaners (who just pressure wash the sidewalks) earn over $100,000 per year! Just to spray sidewalks! This is why they will never fix homelessness - because they make too much money from it.

@Paetaor

5 күн бұрын

Sending money to other countries doesn’t help.

@richardmead5969

5 күн бұрын

true or soros deep state agenda

@ludwigdrummer7802

5 күн бұрын

I think New York City treats corruption the way drug dealers treat seizure of shipments retailers treat theft and suppliers treat damage. It's built into their "business" model. Drug dealers assume 10% of what they ship will get seized. Retailers assume 10% of what they have in stock will be stolen. Companies assume 10% of product gets lost due to damage or other means. It's built into the price of everything. I don't know what New York City takes corruption to account as a percentage, but let's say it's 10%. That is a huge amount of money and probably acceptable. I'm not saying it's acceptable to the average citizen or me or you but in the grand scheme of things it's acceptable. You also have to assume that at least 10% of police officers are on the take. Don't get me wrong I like the police but you just have to accept reality.

Politicians definitely are not broke

@richardmead5969

5 күн бұрын

total corruption politicians are not for us on either side, it`s about show me the money

@willieduffie4967

4 күн бұрын

They are breaking us!

Don't fret, the debt ceiling always goes up. I wonder if 2008 crisis survivors had it easier. I'm concerned about the stock market, I've lost $35,000 this month, and my income is down. Worried I won't save enough for retirement as I can't add to my savings.

@teresita2-

4 күн бұрын

Save at least 20% in your 401(k). Use online calculators to determine your ideal contribution based on age and income. This strategy ensures a comfortable retirement and capitalise on compound interest for growth.

@albacus2400BC

4 күн бұрын

I think having an investment advisor is the way to go. I've been with one because I lack the expertise for the market. I made over $490K during the recent dip, highlighting that there's more to the market than we average folks know.

@Sampson-jh7yq

4 күн бұрын

What steps can I take to engage in this opportunity? I genuinely aim to secure my financial future and am enthusiastic about taking part.

@albacus2400BC

4 күн бұрын

Monica Shawn Marti is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@RuthEvelyn-rc3bg

4 күн бұрын

Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

“America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves.” - Abraham Lincoln, First Republican President

@user-ko5ng3lm1z

8 күн бұрын

thats exactly what that Russian defector said back in the 70's or 80's theres a vid of him giving you step by step instructions... and well it's happened.

@thetruthalwaysscary

7 күн бұрын

Theye try to provoke a nuclear war with Russia and pushing an economic war with China, while the USA depend on China that is irreversible. Instead of cooperating and use the 1.4 billion people market to make the USA even richer..the USA politicians want to dominate.

@sethalexander3164

7 күн бұрын

Thats why CAPITOLIST SOLD OUT TO CCP

@Kado1609

7 күн бұрын

@@user-ko5ng3lm1z yuri bezmenov i think you are talking about? not sure just a guess

@Number6_

6 күн бұрын

Wrong about 1st republican president. UpTo 1860 the 2 parties were wigs and republicans. But since no one would vote wig, they changed there name to republican to get votes. So the real republican party changed there name to democratic party. Look it up! Not that Abe was democratic at all.

Look who’s running those cities.

@mr.castle

9 күн бұрын

That's a decades problem for all of those places..

@greglane3978

9 күн бұрын

Let me guess. The political party that supported slavery?

@teebone2157

9 күн бұрын

it doesnt matter who runs it with to many citizens are poor so tax revenues are low. THINK

@mr.g.culinary

9 күн бұрын

Yup, and all with D’s in front of their names.. it’s so sad to see

@markd.5471

9 күн бұрын

"Cities."

It's all debt. Anyone saying taxes are too high doesn't realize debt is already supporting their lifestyle more than they can imagine. Roads, water, sewer, basic infrastructure, is built, then needs maintenance, then needs replacing. It's funded by debt.

@N0Xa880iUL

13 күн бұрын

This can go on indefinitely as long as the US manages to remain the global reserve currency.

@communismisthefuture6503

13 күн бұрын

@@N0Xa880iULI had a stroke trying to read that

@N0Xa880iUL

13 күн бұрын

@@communismisthefuture6503 why

@communismisthefuture6503

13 күн бұрын

@@N0Xa880iUL it doesn’t make sense in English

@N0Xa880iUL

13 күн бұрын

@@communismisthefuture6503 Okay. What would be the correct sentence?

95 billion to another country vs being spent in America

@rector0455

7 күн бұрын

For 5 bln we could've had a southern wall that would've at least been a start to controlling immigration but remember that cost too much. 🙄

@HiDefHDMusic

6 күн бұрын

@@rector0455I’d rather have immigrants than you, why would I fund a wall?

@AnkitBhatiaat

6 күн бұрын

@@HiDefHDMusic because now you're paying to house and feed strangers indefinitely

@HiDefHDMusic

6 күн бұрын

@@AnkitBhatiaat yeah I do that anyway for rich people and that hasn’t done anyone any good ever

@rector0455

6 күн бұрын

@@HiDefHDMusic I'd rather you have received a functional command of the English language in school, unfortunately, that's not what happened. To answer your question though, you should support the wall because curbing illegal immigration will increase demand for American labor, which means an organic rise in wages for American workers rather than these idiotic, inflation-exacerbating minimum wage hikes every few years, it would further inhibit the flow of illegal drugs and human trafficking, as well as have a positive effect reducing the levels of crime on our streets, mitigate the housing shortage and benefit national security. The better question is, why the hell wouldn't you support it unless you want more inflation, more crime, more illegal drugs, further depressed wages etc.? I can only think of two explanations... Either you hate this country and want to see it destroyed, or you've been programmed via the idiot box by people with those goals and lack the capacity to dispel these insidious notions on your own.

nobody can afford stuff anymore. Everything 30% more expensive, but nobody got a 30% raise.

New York acts like a kid with a 450 credit score trying to get approved for a Dodge Hellcat 😂

@doomkid1331

13 күн бұрын

Precisely 💯💯💯

@stephenc2481

13 күн бұрын

....act like a college kids who want the "college experience" at expensive universities and go into debt for it. Maybe Biden will do the loan forgiveness with NY.

@thezenarcher

13 күн бұрын

lol what are you talking about NYC has an AA credit rating

@za3739

13 күн бұрын

​@@thezenarcher😂

@stachowi

13 күн бұрын

plus they know as long as the cities keep voting democrat they'll get bailed out by the federal government.

The city may be broke but the ones who are in charge of it sure aren’t. Wonder why that is? 🤔

@joannlarson6386

5 күн бұрын

Bingo

@Botoburst

5 күн бұрын

They should be fined for every year they run a deficit. They can work for nothing until they prove themselves.

@nokateno

5 күн бұрын

Yes, yes. Quite curious indeed.

@user-mn5sn7iy2x

4 күн бұрын

Because theyre greedy democrats?

@BloodSweatandFears

4 күн бұрын

Exactly why they released this nonsense “explanation”

I've been making a lot of losses trying to make a profitable trade. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advice me on what to do?.

@Jennieereed

6 күн бұрын

I will advice you stop trading on your own if you keep losing, if you can, then get a professional to trade for you, I think that way your assets are more secured.

@Davidconnor-lk1km

6 күн бұрын

Thank you Lord Jesus for the gift of life and blessings to me and my family $14, 120.47 weekly profit Our lord Jesus have lifted up my Life!!! A. V

@nishukumari-in8xh

6 күн бұрын

I'm favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy.

@gimptdxwdmilo

6 күн бұрын

How ..? Am a newbie in crypto investment, please can you guide me through on how you made profit?

@ChandrakantPawar-sq6lw

6 күн бұрын

Thanks to Mrs Deborah Davis.

One thing you will never hear from something like this is how those cities are also destroying their revenue by driving small businesses away.

Most cities take on debt with the assumption that growth will continue as it did in previous years. Boy were they wrong

@jryde421

13 күн бұрын

Yeah especially when they putting the money in their pockets and not actually into the city

@raw7504

13 күн бұрын

Also doesn’t help when the police make up 40% of the budget in some cities Im sorry but police don’t need armored vehicle and grenade launchers

@Dendarang

13 күн бұрын

To me the problem seems to be treating cities like they're states or countries when they aren't. That matters because for the past 80 years and for the foreseeable future the US has grown and will continue to grow and growth is the default - there have only been a couple of years of recessions since WW2 where GDP fell year over year. But cities are significantly smaller units with significantly different outlook and growth is not necessarily the default assumption for them. During the Cold War when the US was booming and experiencing unprecedented growth a lot of cities were struggling or going broke because people were leaving them and going to suburbs or to some other city in the Sun Belt.

@rudysal1429

13 күн бұрын

​@Dendarang the fact that you said "growth is the default" is the exact problem that is happening now. The people in charge had this mindset that growth was always going to happen and never considered that population growth would start stagnating or even declining. We are starting to drop in population and with it go demand for goods and services, less jobs from less demand, less revenue, etc.

@spicychad55

13 күн бұрын

Cities have to pay road maintenance themselves without federal help, big expense.

Because we keep fighting wars and funding other countries while neglecting ours….

@beingsshepherd

11 күн бұрын

Politicians are even wearing Ukraine flag pins. Brazen.

@UmmYeahOk

9 күн бұрын

Your city taxes aren’t funding the military. What’s happening is these cities have become unaffordable to the working class, so they either leave, or become what is known as “homeless.” That’s why some states have decided that cars should be included as part of your annual property tax. You’re working full time, but can only afford to live in your car, so tax the car.

@alexisf22

9 күн бұрын

Preach exactly 👍

@gideondejongh838

9 күн бұрын

Bingo.

@Andromeda2976

9 күн бұрын

Exactly and not even checking your own backyard: China owns 80% of the farmland in USA

This migrant situation is out of control.

@poempadgett4664

7 күн бұрын

_Finally,_ a comment mentioning their totally ignoring that undeniable aspect of our economy. Thank you.

@geraldarnoult

6 күн бұрын

Nothing to do with migrant, so-called illegal aliens get all forms of taxes stolen becouse there made up S.S. number don't match there name, so the money gets stolen, its called the set-Assid or suspension fund, tens of billions held for mismatch, also the migrants claiming asylume are not allowed to work, asking for work, the response, you are not allowed to work, there tracked, so its not like illegal alien, most of them have been in the U.S. for years, most people today are claiming asylum its legal, but you do not get asylume for work, you must say you are in danger, get the money form the illegal alien slush fund in Washington and by the way few Mexicans are crossing the border illegally, not even legally migrating to the U.S.

@HiDefHDMusic

6 күн бұрын

@@poempadgett4664why would I care? I don’t want *you* here

@StankHunt42

6 күн бұрын

Actually the democratic party is outta control. Hence why all those cities are democrat run

@AnkitBhatiaat

6 күн бұрын

@@HiDefHDMusic go back, pedro

NY is full of billionaires and property prices skyrocketing, but politicians don't know how to fix the debt 😂

@racingbeats1493

6 күн бұрын

The billionaires will simply just leave if you tax them into oblivion. Slowly raising them for higher income is the way. They SHOULD be rising though

@holmbergaudio

5 күн бұрын

Why should they fix the debt? People vote for it.

@philipdillon83

5 күн бұрын

@@racingbeats1493 No they wont. New york is where all the money is, and New York already had high taxes and it still has the most Billionaires.

@aSASa45454

5 күн бұрын

@@holmbergaudio As if we have too many public services.. clown

@smallestcat

4 күн бұрын

​@@philipdillon83when the city is malfunctioning, crime ridden, dirty, dangerous and expensive will their employees still want to live and work in NY? How's that working out for San Francisco?

Irresponsible governance, excessive pensions, waste, fraud, poor planning, the list goes on.

@lindamorado9828

9 күн бұрын

And illegals, nobody wants to tell the truth.

@toddlavigne6441

7 күн бұрын

I jus posted the exact same thing

No is talking about the shear cost of infrastructure spending to repair and maintain roads for a car dependent city

@N0Xa880iUL

13 күн бұрын

Strong towns is

@Sacto1654

13 күн бұрын

Well, New York City's public transportation infrastructure is just as bad, too. They're going to need a *LOT* of money to upgrade their subway and commuter rail networks, and likely will need a major public transit bus investment, too.

@mohammedsarker5756

13 күн бұрын

@@Sacto1654 NYC should upzone the land around their transit, they have an 800k housing unit shortfall so they need the extra housing units and taxpayers anyway. Additionally, replace the property tax (which is forbidden from assessing homes at market value) with a land value tax

@Demopans5990

13 күн бұрын

​@@Sacto1654 At the same time, the baseline for public transit in the US is so low that NYC's system is considered the best in the US in terms of coverage

@Sacto1654

13 күн бұрын

@@mohammedsarker5756 Whatever it is, the current situation in NYC is a major mess. Just cleaning up the housing rental market is going to take a massive amount of work, especially when studio apartments in and near Manhattan have monthly rentals of US$3,500 per month to start.

We have never had so many Politicians who don't work for the people but work for the sponsors who put them in office

The problem is the system: A mayor with 4 year mayoralty can spend financed with debt to be payed in 10 years. They spent to buy votes and leave before they have to pay the bill. Leaving the problem to the next. The problem accumulates until it is unsustainable.

@__cdb

5 күн бұрын

That's what Biden's been doing.

The suburb I live in demolished a 75 year old high school (nothing wrong with it) and wants to build a new one with higher taxes. They are also building a 12,000 square foot golf course glub house at a cost of $12 million dollars (a cost that is 4X normal construction costs). I can't believe what's going on in my city. It's criminal.

@JeffCaplan313

11 күн бұрын

Because the cities are run by criminals.

@peanutarbuckle2980

10 күн бұрын

no one asked

@christianpimentel1426

10 күн бұрын

​@peanutarbuckle2980 I found his response interesting, at least.

@spectre3492

10 күн бұрын

When people spend other’s money, they don’t care

@jeffrobodine8579

10 күн бұрын

The Teachers Unions get what they want regardless of cost to the taxpayers so you get what you vote for.

"Strong Towns" episodes on youtube have been flagging this for a very long time.

@TortugaDividendInvesting

13 күн бұрын

Dense housing = Good for pretty much everything

@teddymoon3744

13 күн бұрын

cities want to burrow more and more then bankruptcy....its smart...once in your in over your head go all the way and milk it

@floridaman7

13 күн бұрын

Where can i watch this show

@Vode1234

13 күн бұрын

@@floridaman7 the channel is called strong towns on youtube. Not just bikes also made a playlist based on their research. /watch?v=fzETR5rkdd0&list=PLJp5q-R0lZ0_FCUbeVWK6OGLN69ehUTVa

@-un6kg

13 күн бұрын

Just search "Strong Towns playlist" You will get a playlist created by another youtuber called "not just bikes".

Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $8,000 and got my payout of m $270,500 every months,God bless Chloe Linda Henderson 🇺🇸🇺🇸🇺🇸..

@AndresFerrando-eg4zk

7 күн бұрын

Hello how do you make such monthly ?? I'm a born Christian and sometimes I feel so down 🤦 of myself because of low finance but I still believe in God.

@ElianaGregory

7 күн бұрын

Thanks to my co-worker (Alex) who suggested Ms Chloe Linda Henderson.

@CharlotteDonald-vb6um

7 күн бұрын

She's a licensed broker in the states 🇺🇸

@CharlotteDonald-vb6um

7 күн бұрын

Great to see you guys talking about her, she changed the game for me.

@KaileyNewton

7 күн бұрын

After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.

I never understood how there were 0 layoffs on transit when there was a 90% reduction in ridership. Who is paying for that if there is a 90% loss in revenue. 4 years later, it is still 50% reduction in ridership.

@KevinSterns

4 күн бұрын

If you lay off government workers, you automatically lose the next election. Cities are union piggy banks.

I feel like we are going into a Great Depression not even a Great Recession anymore

@MichelleLyn84

9 күн бұрын

You are definitely not far off. People keep underestimating how bad off we are doing. The Fed isn’t even going to cut interest rates until March of next year now, Russia just pulled out Billions out of JPMorgan. Banks are falling, and will continue to fall. This government has had the wrong idea. Thinking they can tax us to death, print money endlessly, and they’ll be fine. It’s like living beyond your means without planning for maintenance needs, insurance needs, it’s all tumbling down. A lot of people will suffer, but honestly, it needs to happen, especially to the elite and big banks. They need a reality check.

@elonever.2.071

9 күн бұрын

That is what a lot of experts are saying. I hope they are wrong.

@EM-oo1sk

8 күн бұрын

Tell that to illegal immigrants who are eating 3x a day with free medicare.

@darkmagician2521

8 күн бұрын

@@elonever.2.071 ​ We're 5 years away from the Great Depression's 100th anniversary so they just might. Yes. There are countermeasures and safeguards that were created from the Great Depression's aftermath, but it doesn't mean they'll fully stop the next economic crisis on a depression level.

@Zeakthecat

8 күн бұрын

@@darkmagician2521 some of those safeguards were removed during the clinton and reagan administrations, which has caused a lot of the economic hardships we have had today. reaganomics has had a detrimental impact on the middle classes ability to survive a great depression, the middle class themselves has been shrinking drastically since the 1980s, the way we build homes also has a impact. on top of this, Clinton removed safeguards prohibiting banks from issuing mortgages to subprime borrowers, which is what basically caused the 08 housing market crash that almost lead to a even worse outcome than the great depression: a total economic shutdown.

That's why taxes need to be spent more wisely. Unfortunately policy makers don't understand that.

@tonyburzio4107

7 күн бұрын

It's not policy makers, we reward spending with votes.

@neon75105

7 күн бұрын

Neither are true. Taxes are not what is running this country anymore. It's debt. Votes aren't rewards. Your vote is meaningless when someone can buy the politician. Edit: Read, "Inequality and Democratic Responsiveness: Who Gets What They Want from Government?" by Martin Gilens.

@AL-lh2ht

7 күн бұрын

@@neon75105 oh yea you big smart declaring "votes don't matter".

@neon75105

7 күн бұрын

@@AL-lh2ht Here, read the following: www.princeton.edu/~mgilens/idr.pdf

@margyrowland

6 күн бұрын

It’s not their money 🤷‍♀️

This is happening by design. Corrupt politicians end up rich without any liability and guess who will pay the price for the goverment debt and bankruptcy ?

It's become so expensive to live in these places that tax payers are leaving I bet. Seems the uber poor can live there due to the benefits big cities provide, the uber rich can live there because they are rich, yet the middle, they always need to leave by the time they his child having age. So you lose that tax income.

Completely separating where people live And where people work was a completely stupid decision.

@jrho8033

13 күн бұрын

And guess which industry benefits form that. Ford and the car industry corrupted our city building infrastructure that only caters to cars. Now the suburbia everywhere cost more to maintain then they pay in taxes.

@crusherven

13 күн бұрын

Maybe. When 97% of the population worked on a farm, it made sense to live right there. But if a lot of people in cities are working in a smelly, noisy factory, it kinda makes sense for health and comfort reasons to separate work and home. These days most cities don't have a ton of heavy industry anymore, so the separation doesn't make the same sense.

@jeffreystanley4991

13 күн бұрын

@@crusherven your right it doesn’t make sense to have some industries next to where people live. But there is no reason we can’t have office space, restaurants, groceries all intermingled with each other. There is no reason why we need separate areas for all these things. There is no reason why people should have to drive to all these places.

@mchoppityhooper

13 күн бұрын

@@jeffreystanley4991they have that in China and as a result their mental health is garbage. Imagine living where you work. That’d be terrible.

@CadetPolovitz

13 күн бұрын

@@crusherven In Europe they have restaurants, offices and stores next to housing.

Scholars who study the stock market’s historical performance estimate that over time, the payment (and reinvestment, and compounding) of dividends have contributed anywhere from 30% to 90% of the S&P 500’s total returns. I want to spread across $400k into profit yielding dividend equities but unsure of which to get into

@DeannaMurray-zv

9 күн бұрын

I stopped listening and taking financial advise from these KZreadrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, In reality, all I needed was professional advice to take advantage and make profits.

@DanielFerreira596

9 күн бұрын

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

@Erickruiz562

9 күн бұрын

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

@Erickruiz562

9 күн бұрын

@@DanielFerreira596 Thanks a lot for this. I'lll check her out right away.

@JimmyA.Alvarez

9 күн бұрын

This recommendation is coming at the right time because i am literally grasping for straws atm! I verified her online and scheduled a phone call with her.

I left the city I grew up in because it is poorly governed and the taxes I paid were squandered.

@AFree1Month

8 күн бұрын

Proud Christian Nationalist here. Sorry to hear brother.

@rector0455

7 күн бұрын

I'm about in the same boat, I've lived here 30+ years, almost my entire life, I was born in this city, but it's been overrun with leftist out of staters who bring their sh*t politics with them, drugs, homeless, crime. Inside of 5 years, these foreign colonizers have completely destroyed my home. I'm heading to either Wyoming or Texas before 2025.

On tonight's episode of "How can we blame the people for our f**k up?"

My city had a council race two years ago that I reached out to a candidate about. I asked him about some questions about how city taxes were collected and how different policies would affect this, his response was that he was interested in learning more about this. What I'm trying to say is that he was completely uneducated on how cities work. The problem is that too many people don't know how cities operate.

@toddlavigne6441

7 күн бұрын

Salaries for these idiots is way too high. They also spend money like drunken sailors. IMO I see work crews all the time. 5 workers with 2 actually working.

This is what happens when it overspends. No accountability for irresponsible budgeting is what lead us here

@gideondejongh838

9 күн бұрын

Both parties have done this for decades, but they like to play the blame game.

@matthewlam9416

9 күн бұрын

@@gideondejongh838Isn’t it time to have at least have a third party to balance the power like our government?

@gideondejongh838

9 күн бұрын

@@matthewlam9416 A three-way battle to see who can brainwash the people the most? As a monarchist, I say it would not change anything since there is no accountability and the plebs worship ideology. Now if people would stop denying reality now that would be a step in the right direction.

@KASLtja

9 күн бұрын

COMPANIES ARE’T RAISES WAGES!!! This is CAPITALISM! If the PEOPLE have less money, how can businesses thrive?

@matthewlam9416

9 күн бұрын

@@KASLtjawhat is that has to do with irresponsible spending?

Funny how they saw the Detroit Bankruptcy and thought, "Yeah, let's do that".

1: Overspend what they can pay and use money in dubious programs . 2: Subsidies suburbs which are always a huge negative in income for the city. 3:Make impossible for small and medium businesses to establish or survive. 4:Make impossible for people of variable income to exist by disallowing small and modest home construction. 5:People who can somehow afford to live in these crime ridden places simply leave asap. Heh? Why are we broke ?!

@starventure

7 күн бұрын

Can you cite examples of urban tax money going to surrounding suburban counties in any US city? Not state money, just tax money collected inside city limits.

*So 60 years ago, there were NO INCOME TAXES* No property taxes and almost no SALES TAX. How did these cities surive back then?!

@user-fk5lp7if3o

11 күн бұрын

Over expenditure to the entitled people- simple. Plus masses of wastage and inefficiency.

@justicedemocrat9357

11 күн бұрын

By not providing any basic services. You had horse faeces piling 3 feet high on every street and rotten cow carcases clogging the rivers.

@johnsmith1953x

11 күн бұрын

@@justicedemocrat9357 You make my point. Cities had to contend with dead cow carcases and horse faeces back then and back then there was no 3% city tax nor property taxes nor sales taxes. Again, get rids of all those taxes and let the feds fix state and local issues.

@daroofa

11 күн бұрын

That was before the public sector unions took hold.

@johnsmith1953x

11 күн бұрын

@@daroofa You mean Police Unions and their crazy, expensive pensions and lawsuits??

Our pensions are "fiscally sound"... Next sentence: 80% funded ... 😂

@serafinacosta7118

12 күн бұрын

Funding levels by the US Postal Service is about four times that , by design.

@serafinacosta7118

12 күн бұрын

And Municipal Pension Funds have been targeted by Wall Street speculators , to bankroll their acquisitions , for decades.

@ferriswheeler08

12 күн бұрын

NO doubt lol.. we have actuarial laws up here that pensions must be at least 95% funded

@NazriB

12 күн бұрын

Lies again? Stop Lying Men Grab Food

@sten260

10 күн бұрын

who would have known.. government lies?!

They are going broke because they are going woke.

@terryvlunsford1610

6 күн бұрын

True, if you look at the most broke, most crime, most homeless, most drug overdoses, most people fleeing the city, it is the cities run by progressive (Woke) Democrats.

Poor local government, poor municipal government and poor state government. Blame politicians and their poor policies..

Getting off the gold standard was the worst idea ever

@tk80mufa5

10 күн бұрын

I would add the income tax and universal suffrage as well.

@sten260

10 күн бұрын

true, at least gold somewhat limited the government spending

@gideondejongh838

9 күн бұрын

Uh yep, and every country that drank that kool-Aid is finding that out the hard way right now.

@davidhill850

7 күн бұрын

Except the gold standard didn't work. Thats why we left it. There was not enough gold to run this or any other economy properly.

@sten260

7 күн бұрын

@@davidhill850 gold standard works fine for any economy, it doesn't make sense that there isn't enough gold... you can just reduce the prices of things relative to gold, when economy grows the prices of things get cheaper. The reason why they left it because they printed way more dollars than they had gold, so they had no choice to leave gold

Everyone in charge needs to be pulled out. We need a major investigation and ultimately a restart

@ricksemeniuk629

9 күн бұрын

The 10 worst cities mayor's are BLACK, WTF⁉️

@dm96177

8 күн бұрын

Yes. This country is completely failing. We need a huge redo

@rkgaustin9043

8 күн бұрын

No re-election of incumbents for at least three election cycles. An independent forensic accounting of every federal, state, and local government department to ferret out the waste, fraud, and corruption. #CleanHouse #NoIncumbents

The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.

@spacecadet6

Күн бұрын

keep yourself safe by knowing when to sell stocks in order to limit losses. I advise consulting a CFP or other professional for advice.

@emmaarmando

Күн бұрын

Having an investment advisor is the best way to go about the stock market right now. I was going solo, but it wasn't working. I’ve been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.

@noah-greene

Күн бұрын

@@emmaarmandoI've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.

@emmaarmando

Күн бұрын

"Gertrude Margaret Quinto" is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment

@elease.eichersli

Күн бұрын

She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.

Don't increase taxes. We'll figure it out another way.

The amazing thing, maybe terrifying, is this is just the large cities. Mid and small towns around the country are crumbling at an alarming rate, burdening with large debts and less income coming in. The amount of states/cities being propped up by the federal government is staggering. My hometown in Arkansas looks worse and worse every year with infrastructure deteriorating to a scary level. It was revealed a few years ago nearly 40% of the cities budget was supplimented by the federal government. If that ever stopped I cant imagine what would happen.

@snorkelwackjr

12 күн бұрын

As someone who also grew up in a small town in the South, I noticed this too. I highly recommend taking a look at Strong Towns. It's a non-profit that analyzes and provides ideas for how to make cities financially solvent again.

@dpayne2589

12 күн бұрын

I'm from Helena-West Helena, AR. Same issues going on there as well!!!!

@mylifeisajoke1

12 күн бұрын

Low density, strong services, low taxes. Pick two.

@okorochukwunonso2563

12 күн бұрын

Why are they taking funds from FG when they keep voting republican Politicians who cant govern or bad with economics? Isn't that socialism as they always claim?...

@KangTheDigitalNomadInitiative

11 күн бұрын

I thought I was the only one that could now visit 30 ghost towns IN THE UNITED STATES of AMERICA hell you could shoot 2 more WALKING DEAD APOCALYPTIC shows in those towns...🤷‍♂🤷‍♂ man that's sad all this leave a beautiful place like Europe trust me it's BEAUTIFUL only to land then get into conflict with the natives and those brought over as help like to come here and let the whole thing go up in SMOKE literally like one of these towns could just go POOF and no one would know!!!! Makes not a lick of sense when you think about it. Smdh!!!

Maybe we don't give billions to billionaires to fund vanity stadium projects, and we force cops to pay for their own insurance bailouts when they do something to get the city sued as a start.

@republicunited2183

13 күн бұрын

Or illegals, foreign countries, etc.

@Dave-qi3ft

13 күн бұрын

Translation: I missed economics 101.

@chan13153

13 күн бұрын

@@Dave-qi3ft Nah so many studies by economist has shown that sport stadium are not worth the investment. They in fact do not bring in more money than the cost of the stadiums. Time and time again that notion of a sports team generating tons of money for the city has been proven wrong.

@Dave-qi3ft

13 күн бұрын

@@chan13153 sports stadiums have nothing to do with deteriorating cities.

@mr.bigsquid8422

13 күн бұрын

@@Dave-qi3ft town’s taxpayers funding a multi billion dollar stadium isn’t burdensome?

Nate thank you for this righteous video 🏆👍🏻👏🏻👏🏻👏🏻

I helped with a roofing job for a client in Seattle. Now this guy was the accountant for the city of Seattle budget. He actually ended up leaving his job because he was so frustrated with what was going on. He had no control over the spending all he was doing was recording and accounting for it. But it bothered him so much that he left his multiple six-figure job to go pursue his own interests.

Your credit score drops because you don't have enough debt but also debt is bad!? Okay, what!?

@noahgolden-cv1pc

8 күн бұрын

Freedom is slavery, war is peace ignorance is knowledge.

@rector0455

7 күн бұрын

The system is designed to create debt slaves.

@psychic1999

7 күн бұрын

It drops with your debt ratio (how much you are utilizing) not absolute debt. So you should keep that well below 10%. You just need to be careful of how quickly you ramp up credit.

@starventure

7 күн бұрын

It also depends on who you are and what you are.

@HiDefHDMusic

6 күн бұрын

@@psychic1999who thinks this is a workable system? This is the worst thing I’ve ever heard it’s ridiculously immoral and lacks any societal benefit, your economy is entirely a scam

Anytime i went broke in simcity i just took out 3 high interest loans

@catmelvin997

13 күн бұрын

feel the sudden urge to play sim city 3000 again

@nuevision8

9 күн бұрын

You mean, every time you went broke, you were able to get financing to go broke again ?

@cjmarsh504

8 күн бұрын

SimCity 4 vibes right now. I would do the same thing 🤣, or do the side missions (crooked stuff) to keep the balance afloat. Lol

NYC lost 80,000 affordable housing units cuz it was too dysfunctional to track them LOL

I"m over 60 and in my lifetime I can't recall too many instances where municipalities underestimated future income growth. THey more often than not 'overestimate' future incomes and 'underestimate' future expenses. it's the root of all of their debts.

[slurps up the last little bit of juice from a cup] Guys... Why is this empty?

@user-ec3rm9wr1n

12 күн бұрын

😂😂😂😂

@jimshaw734

12 күн бұрын

“Don’t worry, we’ll tell you why it’s empty while slurping another cup dry.”

@user-ec3rm9wr1n

12 күн бұрын

@@jimshaw734 yummy 😋...

It is honestly crazy how incompetence is allowed to stay. If this wasn't the government but a private business these people would have been fired long ago and be replaced with someone who does deliver work that meets the mandates set by policy. It is because of their incompetence that regular citizens now have to suffer and somehow this has 0 repercussions to the people who failed their oath to the people and their mandates. Better yet they probably get a pay raise or promotion instead :| Then you wonder why most cities are turning into a debt bubble that WILL implode at some point.

@rolandowagner7775

7 күн бұрын

If politicians behaved in private business like they do in government, the vast majority would be convicted of numerous crimes.

Never forget what they did to 36-year-old Derek Floyd, a hard working family man was terminated as part of New York City's effort to free up funds for the migrant crisis, and because of the stress of this he died of a heart attack. The city has ramped up its efforts to pay for housing services for thousands of migrants, therefore fired him. So sad

Government should never be allowed to go into debt in the first place.

This video never explained why city revenues are falling.

@growtocycle6992

13 күн бұрын

Tax cuts or failure to increase taxes with increased spending... Obvious

@niilespunkari8832

11 күн бұрын

i.e., crime and corruption.

@tk80mufa5

10 күн бұрын

​@@growtocycle6992you forgot high earning ( tax paying ) businesses leaving NYC since the summer of 'love' 2020 like rats a sinking ship. KZreadrs Louis Rossman and Cash Jordan have chronicled NYC's downfall. They even have an exit tax to prevent you from leaving , NYC is nothing but a bunch of corrupt crooks who are indistinguishable from the mob.

@nuevision8

9 күн бұрын

People moving out of cities. People not spending money in cities due to higher city sales tax rates. People not going into cities on weekends. Higher crime rates & higher insurance rates in cities.

@PodcastClips23969

9 күн бұрын

Tax payers are leaving because of crime and high taxes

You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life

@PranatiSahoo-yg3gp

9 күн бұрын

Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.

@sara_top80

9 күн бұрын

I'm favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy.

@keithcarvey48

9 күн бұрын

How ..? Am a newbie in crypto investment, please can you guide me through on how you made profit?

@toni_leyn

9 күн бұрын

Thanks to Mrs Maria Davis.

@toni_leyn

9 күн бұрын

She's a licensed broker here in the states

Empty office buildings due to remote work, plus empty downtown restaurants due to remote work - not mentioned.

The big problem with U.S. cities is the housing shortage. It doesn’t matter how much they spend: As long as they refuse to build more housing then all the spending is wasted.

Ukraine, Israel and Taiwan apparently need our funds more.

@retro527

13 күн бұрын

Taiwan absolutely yes. We need their semiconductors. Ukraine and Israel? I don't know what they really offer especially Israel and our strange obsession with doomsday.

@sammarsh9197

13 күн бұрын

Very True. NO MORE SPENDING ANYWHERE BUT HERE

@jonathanpowell9979

13 күн бұрын

Cheaper in the long run to keep your allies strong then to lose them for good.

@duerf5826

13 күн бұрын

@@retro527 Ukraine is a major wheat exporter. Its wheat export is incredibly important to northern African countries, and if that is disrupted and a bunch of North Africans go hungry, where do you you think they're gonna flee to? Not to mention that Russian aggression westward puts the Europeans on edge, and in that case they're less likely to buy luxury goods like iPhones and Teslas costing American jobs. Israel is a MAJOR US ally in the Middle East. It's like the FBI having a snitch the 'hood to know what tf is going on. Losing Israel is NOT an option. Israel itself also a provider high-tech services especially cybersecurity. To say that Ukraine and Israel are not important is shortsighted. Instability costs a lot of money and you either spend some money to plug the hole now or spend A LOT more money later on to clean up the mess.

@jonathanferrer5962

13 күн бұрын

@@retro527 Israel is our only ally in the Middle East and Ukraine is a cash cow in the making for a rebuild if they win the war.

love to see corruption not on this list. thats the root of alot of our issues but no one ever talks about.

@AlmightyDude420

13 күн бұрын

Absolutely right

@badpuppy3

13 күн бұрын

Corruption is like 1% of the problem. Completely over blown

@user-fm7ht2bt2c

12 күн бұрын

You wish. it's incompetence more than anything

@garybulwinkle82

11 күн бұрын

@@user-fm7ht2bt2c Let's call it what it is, stupidity!

@strawberriesncandii

9 күн бұрын

@@badpuppy3Corruption is a huge part. There are laws created and social behaviors allowed to tank they economy. Look at how much blue cities are prioritizing illegal aliens over taxpaying citizens. Look at the homeless industrial complex in LA and San Francisco alone. There was an article that said that California mismanaged $24 billion in funds to fix the homelessness problem. But there are non profit workers getting paid a quarter million dollars a pop. Why would they want to stop or fix this problem when it’s making them money. Two people recently were arrested recently spending part of those funds renting a lavish house in Beverly Hills and spending on luxury cars and dinners. Corruption and greed, incentivizing poor behavior and poor work ethic, protecting criminals, over regulation, and overspending are huge problems with specially in San Fran, NYC, LA, and Chicago.

We need LESS government. They spend and waste so much money. So glad I don't live in NYC. The govt arrogance is killing the city

"..cut services or benefits..." How about stop spending so much on non-core items? Ever think of that? Course not, politicians always want to increase spending, taxes, and fees (and property values) and NEVER want to cut spending. They may shift around the spending i.e. some get less, some get more, but never is the overall spending cut. God forbid they should cut something like sanctuary city policies (food, housing, medical, free checks, etc), providing drugs and paraphernalia to drug users, funding special interest orgs that somehow always seem that the presidents/directors have $100k vehicles, matching salaries, well-funded staff while very little is done for their target groups, advisory individuals and groups (I thought the cities had staff whose families depend on the salary earner and thereby the salary earner has a vested interest in ensuring the city prospers, rather than a one-and-done jerk). So much waste and needless spending while the tax-paying citizens get screwed. Elections matter.

This video completely misses the mark. Cities are in financial trouble because of overly car-centric zoning and land use laws, with single family zoning being a huge part of this. Lawns and roads don't pay city taxes.

@TheResidance

13 күн бұрын

And they require more infrastructure for less people too

@24killsequalMOAB

13 күн бұрын

It's what happens when people don't own the land they have "ownership" of.

@inorite4553

13 күн бұрын

This is one of the smartest comments I've seen. People have moved out as the space has been taken up by parking lots, streets and lawns. Those people in the burbs benefit from the city but don't pay towards it.

@rjwagz

13 күн бұрын

​@@inorite4553 thanks. I was basically summing up what I know from studying up on urbanism on youtube. Strong Towns and Not Just Bikes are a couple good channels for that.

@Demopans5990

13 күн бұрын

​@@inorite4553 Does explain all the ruckus about NYC implementing congestion taxes. On top of the fact that non-NY E-ZPass tags pay a higher toll

Lots of permanent programs started with temporary funds. My city seems to only add programs. For some reason they have a hard time scaling back or removing services that are no longer needed. They have blown through the pandemic money after using it to plug budget shortfalls and continue to raise taxes. Now, the new hustle is too overvalue your home to levy more property taxes. People are getting hit with $100k increased assessments in a year and they've done nothing to the hone and no new development is in the area. Smh.

@guardianoffire8814

13 күн бұрын

NGO industrial complex has taken over most countries across Canada, Western Europe and the United States. Its these days one of the largest employers often getting billions in govt support. Like most things NGOS want problems to continue to make money to cover their wages, executive compensation packages, and health benefits. You also have many politicians and their families making money indirectly from these programs to avoid accusations of corruption.

@mohammedsarker5756

13 күн бұрын

@@guardianoffire8814 you get it. We need to crack down on corrupt NGOs, rebuild state capacity and implement upzonings/densification as well as a land value tax

@bobroberts2217

12 күн бұрын

Jesus it’s not NGOs or George Soros. It’s literally American Rescue Plan Act getting spent before they lose it all. Sorry I don’t have a more interesting conspiracy theory answer to keep you engaged. The truth is really boring I hate to tell ya.

@garybulwinkle82

11 күн бұрын

They do this to keep paying the people they hired even though they are no longer needed!! It a Democrat thing!!! If they keep these people dependent on the Government jobs they will continue to vote Democrat! If these people are forced to actually earn their money by providing a service or producing a product they learn the lessons that Capitalism teaches them!!

@sten260

10 күн бұрын

that's how government works, once they implement something ,you can't get rid of it anymore. It's in their best interest to keep the program going because otherwise they would have to find another job

US cities are too small. They need more people to survive.

@reekhavoc2932

8 күн бұрын

I agree. Rent control needs to happen. The rent is too high

We require cities to have a balanced budget; but our federal government is running an ever larger deficit!

Is called corruption

@ninzki143

13 күн бұрын

ding-ding....

@jordanfgfox7237

13 күн бұрын

No it's the people in charge in the US government stop blaming businesses and blame the main issue that is using our taxpayer dollars ill responsibly

@Gazelle871

13 күн бұрын

Seriously, what does that mean? It baffles me how many people blame everyone in government whilst barely knowing how their government works in the first place.

@ninzki143

13 күн бұрын

@@Gazelle871 u haven’t seen the news lately about the city of Los Angeles corruption and racketeering?

@keithjackson2035

13 күн бұрын

Exactly!

they are just telling us how bad its becoming without pushing action to change it and incrementally we throw our hands up and just accept the new norm. its like they are preping us for these changes and before you know it we dont realize we accepted them overtime.

@beingsshepherd

11 күн бұрын

As with the Iraq War. We gasped at the atrocities for 5 years, now civilian drone-kiling isn't even controversial.

The whole world can’t be broke, the money has to flow somewhere

Charles Marohn Jr of Strong Towns has been talking about this subject since the 2010s. Major infrastructure projects lack substance in ROI, politically favourable decisions are made without economic considerations, and long-term outlooks. Most of North American cities are extremely overleveraged, and are ticking financial timebombs

I’m 22. Why am I expected to spend the rest of my life paying for the Boomer’s party. Also, why do they keep on raising more money or taxes rather than cutting costs

@SoCalFreelance

3 күн бұрын

"You'll own nothing and be happy" ~ World Economic Forum

Watch strong towns and not just bikes to get the answer.

@Northwest360

13 күн бұрын

Fantastic channels 🙌🏻 oh the urbanity and Second Thought are also great ones

@cmair77

13 күн бұрын

Exactly

@buddy1155

13 күн бұрын

@@Northwest360 oh the Urbanity not really, never based on science just their feelings. If anything they do more harm than good.

@Northwest360

13 күн бұрын

@@buddy1155I like the content on the missing middle housing. Can’t wait to visit Montreal because of it

@strongtowns

13 күн бұрын

👀

Reason is obvious: cities tend to have expenses and obligations that benefit small places that don't contribute.

CITIES make STATES... STATES make a COUNTRY... in order words it's the US as a Country that is going down 👇🏼 "Let's just be Frank here"

They are going broke because of corruption. The bidding process does not encourage competition and instead rewards the projects to friends of politicians. I have worked on projects in the suburbs and in the city and the mark up for work in the city is INSANE and the quality is not better.

>Why U.S. Cities Are Going Broke Progressive policies to start...

@nishiljaiswal2216

12 күн бұрын

yea the policies that fuel mindless suburban sprawl

@gregoryturk1275

11 күн бұрын

Those are progressive?

@dantesinfernopurgatory7826

11 күн бұрын

@@gregoryturk1275 That's what they call it. A more accurate term is "regressive".

@sten260

10 күн бұрын

big bloated governments, public services, welfare and you get bankrupt cities. Need to go back to capitalism because that used to work better

When you have more people taking then contributing, this is what happens.

What is the problem with cities not having enough funds, they could just raise taxes? Money is never a problem for government.

Clearly, this debt based economic system is not working. Everywhere you look, extreme debt, debt, and more debt! Isn't it about time to throw in the towel and come up with something that makes a lot more sense? 🤔 The status quo is not sustainable!

@nbkw2ae

12 күн бұрын

My thoughts exactly. The entire system created in the early 1900s appeared to work because it was Ponzi scheme predicated on debt. The system is not sustainable

@justicedemocrat9357

11 күн бұрын

This debt based economic system has lifted billions of people out of poverty so stop crying you have no idea what you're babbling about.

@CandiceMMartinez

10 күн бұрын

​@@justicedemocrat9357 And what happens when there aren't enough taxpayers left to fund the debt? The people being kept afloat by debt will starve.

@tk80mufa5

10 күн бұрын

​@@justicedemocrat9357 maybe don't accuse people of "babbling about" when your comment lacks any kind of substance. But of course your nickname says it all...

@mediaisthevirus

10 күн бұрын

​@@justicedemocrat9357found the ponze lover

Funny how they didn't bring up the effects of remote working, but then spoke to potentially raising property taxes as a recourse to aid the deficits.

The obvious problem in New York is one of perspective. NY Comptroller: "Right now we have about $96B of debt outstanding, currently the way the debt ceiling works, we could borrow up to about $125B. So we have $25-$30B of room". No! All this spending isn't from infrastructure. Plenty spent on maintenance and interest. Another $25B-$30B is digging deeper in a hole we can't get out of now. The population is dropping year by year, and those aren't the welfare recipients leaving. That's the tax base. This isn't coming back. Have to raise more tax revenue on a middle class dealing with significantly higher inflation since 2020.

Suburbs are extremely expensive to maintain, and contain to little people to cough up the costs in taxes. Suburbs are draining the capital for the cities.

Can’t pay bills now, how could they pay back the bonds later, with interest!!

@DefinitelyNotRin

13 күн бұрын

People say debt is the way to build wealth but more often you're just delaying bankruptcy.

@stephenc2481

13 күн бұрын

@@DefinitelyNotRin ...lol. it is literally what billionaires/millionaires do. keep cash under your bed and you are guaranteed to be poor.

@randomguy7175

13 күн бұрын

US can print dollars like no nation on earth. Need to use printing machine

@noneshere

13 күн бұрын

Cyprus Bail In coming to America soon. You owe it to your country for letting welfare recipient government run your finances.

@madbug1965

13 күн бұрын

This is why I vote NO on all bonds...

Problem with asset cost inflation is that it increases the cost to maintain it as well. The cost of everything rises making it harder to hold.

@JaceFalcon

10 күн бұрын

The super rich want you to give cobtrol to a super rich asset holder

@CFITOMAHAWK2

10 күн бұрын

@@JaceFalcon Most poor people pay zero taxes in USA while using my taxes money for roads, schools for their moron kids, and more services they use, but dont pay. Want to bet on that ?

My city just gave 160 million to settle in newcommers. They then shut down parks and sent city employees home with 0 hour work weeks.

When you flood our economy with people from the south.... While our nations economy is not moving What did you expect Building schools, etc. How will that gain money for your city. Smh.

If y'all think this is strictly an American problem, you're kidding yourself. This is happening worldwide.

@jennifertarin4707

13 күн бұрын

And a lot stems back to the covid lockdowns

@noneshere

13 күн бұрын

Actually no it isn't.... The Swiss , Netherlands, Saudi Arabia, Iran, and Taiwan all live on surplus money.

@Krynale

13 күн бұрын

@@noneshereActually yeah it is...I know it happens in the UK, Canada, Spain, Italy, Portugal, Australia. Debt is the reason why Dubai went bankrupt in '08 and had to get bailed out by Abu Dhabi. So don't act like debt doesn't exist in the jurisdictions you mentioned.

@WinahhTaylahh

12 күн бұрын

​@@Krynale Lol, I'm Australian and I know damn well we don't have these issues, nice try but it IS soley an American thing, believe me😉

@Krynale

12 күн бұрын

@@WinahhTaylahh I'm in Montreal, Canada and we have similar issues with infrastructure and transit system as the USA. So no it's not strictly an American problem, I have yet to see a major city in the world not offering bonds (debt) to finance itself, but nice try though.

Not a word about upzoning economically unsustainable low density areas. Not a good look, CNBC

@FullLengthInterstates

12 күн бұрын

American incomes are very, very high. This allows us to pay for inefficient low density systems, even if it means paying federal taxes that are then used to bail out failing suburbs.

@draganpenchev

11 күн бұрын

Not a word about the corruption too . Obviously it does not exist .

@justicedemocrat9357

11 күн бұрын

OMG no one cares about upzoning stop crying about upzoning.

I used to live in Baltimore, but when Covid hit, I was remote and moved to GA for a free Master's degree for my partner. With more people working from home, less of us are spending money in cities, or giving reason to occupy large vastly now empty buildings. I loved living in the city though. If it was cheaper to do so, I'd do it over suburbia or the country any day.

Stop all the handouts for people who make the decision to not work and provide for themselves and their love ones. Train people how to be self sustaining, so they become more productive start paying taxes and saving for their retirement.

At the end of the day, anything thats not backed by gold is all a Big A$$ ponzi scheme 😅😂😅😂

@RUHappyATM

7 күн бұрын

What about crypto? LMAO.

@Brandonmichaelc

7 күн бұрын

It could be backed with the Nation's GDP, natural resources and other assets. Which would create an incentive to produce here at home.

I think there is real fear right now of a large city going financially under like what nearly happened to New York City in the 1970's. That's the type of disaster that could devastate the US economy in very short order.

@VideoSnipsChannel

13 күн бұрын

1978 Cleveland default re-run, but with much bigger numbers

@cherryfireice8216

11 күн бұрын

NYC and these other sanctuary cities ruined themselves with border jumpers and lax laws. Who wants to live or be a tourist in places like that.

@marktapley7571

11 күн бұрын

It would be devastating for the mob that controls N.Y. but not for everyone else. Nothing there that can’t be produced or carried on in a more fiscally responsible area.

@jeffrobodine8579

10 күн бұрын

Democrat leadership has never worked well.

We just sent 60 billion to a country thats probably going to loose a war. And our cities are broke!?

@user-ko5ng3lm1z

8 күн бұрын

they've been loosing the war the only reason we are aiding them is to keep pretending something is happening.... thus funding the military industrial complex.

@truffledwaffles8311

7 күн бұрын

You care more about a country miles away and your government doesn't care about you. Your government needs to cut spending and stop obsessing over other countries such as Israel and ukraine

The biggest problem is the intransparent financial management. In my small town the government administration is growing and growing. Even though people would expect the opposite due to digitalization. In addition the government go into debt instead of doing a cut every year and charge the people with the overspending. People would then understand really fast that their government is bad and do overspending.