Economic Slowdown 2024: What They’re Not Telling You
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What Is The Minority Mindset?
"The Minority Mindset has nothing to do with the way you look. It's the mindset of thinking differently than the majority of people" ~Jaspreet Singh
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Video host: Jaspreet Singh
Chapters:
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DISCLAIMER CONT'D: I'm just a random guy on KZfaq so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.
@MinorityMindset 15 күн бұрын
Join Market Briefs for FREE and get my daily financial newsletter: briefs.co/market/jaspreet WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through KZfaq comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
@ChadGriffith-sm5dn 2 күн бұрын
Rising inflation is a major worry, particularly considering the present global economic situation.
@DiegoPatrick6274 2 күн бұрын
With all the recent economic turmoil, I'm really worried about inflation.
@freyadecker2718 2 күн бұрын
Yeah, it's definitely a hot topic right now. The pandemic caused hiccups in supply chains and led to increased government spending, which could contribute to rising prices.
@kalimhebert9930 2 күн бұрын
Exactly, with prices seemingly going up on everything, I'm just not sure how to protect my finances.
@Connorgibson-ts2dq 2 күн бұрын
That's where a genuine financial consultant can really be of help. They can analyze your financial situation and recommend strategies to hedge against inflation
@JustinBrown-jz2of 2 күн бұрын
Please how can I find a reputable consultant?
@ArcturusVaughn 15 күн бұрын
I’ve been on this earth long enough to know we are in a recession and it’s been covered up by same people who have caused it. PERIOD
@jayhong1704 15 күн бұрын
Exactly 💯
@Noah_527 15 күн бұрын
Here’s the problem with that thinking: inflation. A recession cannot happen with inflation as high as it has been the last few years.
@eugene1059 15 күн бұрын
Exactly 💯.
@couchmayne4351 15 күн бұрын
A recession would cost price drops , inflation is when their is to much money and rn inflation is very high
@TB7-X 15 күн бұрын
Oh gesh, another conspiracy theorist.
@leondonald 7 күн бұрын
My expectation is for 2024 that markets starts to broaden out more,” what if the interest rates go up? i have a ton of questions....can I safely invest $220k? What should I do differently?
@donna_martins 7 күн бұрын
Small-Caps are poised to perform better in the coming year despite Fed actions with rates to make investors worried. you should look into which the Best Small-Caps Stocks to position into.
@robert-1miller 7 күн бұрын
The issue is most people have the “I want to do it myself mentality” but not equipped enough for a loss, so they get burnt, no offense intended. Generally speaking, investment advisors are ideal reps for investing, and at first-hand encounter since the covid-19 outbreak, my portfolio has yielded over 300%, summing up nearly 7-figure as of today.
@DavidRiggs-dc7jk 7 күн бұрын
Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.
@robert-1miller 7 күн бұрын
Vivian Jean Wilhelm 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.
@DavidRiggs-dc7jk 7 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
@ryaj2356 15 күн бұрын
Businesses are closing their doors over night because it’s such a great economy!
@curtsuneson6161 15 күн бұрын
And many more businesses are moving in and opening up shop. Context is key. You can't cherry pick data points
@jamessmith-hs7if 15 күн бұрын
Proof? Jobs keep going up, so please cite sources.
@joec3703 15 күн бұрын
@@jamessmith-hs7ifAre you stupid? Government jobs and part time work??
@29battles10 14 күн бұрын
@@jamessmith-hs7ifpart time jobs are going up not full time
@ryaj2356 14 күн бұрын
@@jamessmith-hs7if part time and government jobs (temporary jobs) are up yes. Manufacturing is tanked.
@Bunnydrille 14 күн бұрын
It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to protect my $300K stock portfolio from decline is my main concern, but I don't really know which way to go.
@Cottoncandyh 14 күн бұрын
Yeah, things may be hard right now, but I've come to realize both bear and bull market, recessions and economic boom, all provide opportunities to make high gains, I used to call bluff on folks that bragged about making a fortune from such down-markets until I happened to do so myself
@Duttonmuffins 14 күн бұрын
I agree. I've been working with a financial advisor since 2020, and I return up to 15k every month, and I don't even have to lift a finger. Although I also think the reason I make this much is because I started with significant capital.
@JesseMayhill 14 күн бұрын
That makes a lot of sense. To be on the safer side and not second guess your market decisions, I’d suggest you reach out to a proper investment adviser for guidance, they’re better equipped at understanding market patterns/movements and adjusting portfolio to match up with these market trends
@Duttonmuffins 14 күн бұрын
There are many independent advisors to choose from. But I work with Melissa Elise Robinson and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her
@JesseMayhill 14 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
@TheThinker1111 15 күн бұрын
I have NEVER had financial wisdom explained so simply and eloquently. I just love Jaspreet 👍🏻
@albinofernandez408 15 күн бұрын
No diddy lol
@MikeSimmons923 15 күн бұрын
One dangerous misconception is thinking that the term “great economy” has the same criteria for them as it does for us. On their end this economy is great for corporate profits and creating individual debt. So yeah they’re happy. Our definition of great economy is the exact opposite because we’re on opposite ends of the economic spectrum.
@falcorzed 13 күн бұрын
This. The economy is more like the “economy.” The people’s economy for those of us who make under 200K is what really matters.
@aigajenkinson2495 12 күн бұрын
I am at the beginning of my "investment journey" I plan to put 185K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice for stocks that can outperform the S&P500 this 2024?
@veniceblackwood2931 12 күн бұрын
The issue is most folks have the “I want to do it myself mentality” but not skilled enough during crash, apparently they get burnt. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 350%, since the covid-outbreak to date, summing up nearly $1m.
@Erinmills98 12 күн бұрын
truly appreciate the implementation of ideas and strategies that result to immeasurable progress, thus my desire for a reputable advisor... mind sharing info of this person guiding you please?
@veniceblackwood2931 12 күн бұрын
Kristin Amy Rose is the licensed advisor I use. Just google the name. You’d find necessary details. Tbh, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
@Erinmills98 11 күн бұрын
Thank you for the lead. I looked her up and sent her an email. I hope she responds to me soon.
@RusuSilva 12 күн бұрын
My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in US.
@FusunTumsavas-cq7tp 12 күн бұрын
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over $250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.
@RossiPopa 12 күн бұрын
I've learned from my past mistakes to avoid basing market decisions on hearsay and rumors. I had worthless investments in 2020 until I redesigned my portfolio with an advisor's assistance. Since then, irrespective of market conditions, I've increased $450k in two years. It all depends on your point of view.
@ericmendels 12 күн бұрын
This sounds very incredible. Could you recommend who you work with please
@RossiPopa 12 күн бұрын
Amber Michelle Smith has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
@ericmendels 12 күн бұрын
Thank you for sharing, I must say she appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled
@IndependentPrettyGirlis 15 күн бұрын
I definitely think we're already in a recession, for sure
@edhcb9359 15 күн бұрын
Someone always does think that.
@BrodeyDoverosx 15 күн бұрын
We are. We have been for a while. The big dog investors changed their strategies over a year ago.
@dylanmulvaney9912 15 күн бұрын
It feels like a depression
@edhcb9359 15 күн бұрын
@@dylanmulvaney9912 You’ve lived through a depression before? You must be pretty old! 😂
@sdguy67 15 күн бұрын
Stock market definitely agrees 😂
@ace9840 15 күн бұрын
You said a recession was when we have two quarters of negative GDP growth. In the recent past the definition of a recession was a when GDP declines for two quarters. In other words when GDP was at or below trend growth. So going by that definition we've been in a recession since 2006.
@dylanneely91 15 күн бұрын
When did the definition change? My gut says '08 is a safe bet
@ace9840 15 күн бұрын
@@dylanneely91 For the same reason they change other economic indicators. To paint the prettiest picture possible. You don’t get reelected by telling the truth. Like Henry Ford once said, “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” Read that long ago and had to know what he meant by that.
@falcorzed 13 күн бұрын
No there was one in 2020 as well that was short.
@xtremity2361 12 күн бұрын
Democrats changed the meaning in bidens presidency. Check the receipts
@jackspdr 15 күн бұрын
July 28, 2022 is when we had two consecutive negative GDP growth quarters. So, basically been walking in the rain for the past year and just now realizing you are wet.
@andrewcarlson2178 14 күн бұрын
They literally came out and claimed that wasn't the definition of recession anymore. People just eat it up because it's what they want to hear
@gintoki2000 13 күн бұрын
@@andrewcarlson2178 They also changed the definition of vaccine and people didn't care either.
@falcorzed 13 күн бұрын
It went positive after
@gloriatrejo5906 15 күн бұрын
Thank you Jaspreet! 🙏🙏🙏🙏
@xekis 15 күн бұрын
Compound interest can work for you or against you. At some point that snowball rolling downhill becomes an avalanche. It's great when it's your brokerage account after years of saving and investing. It's gut churning when it's debt after decades of deficit spending.
@ngozinwoko6777 15 күн бұрын
Jasparet I want to thank you very very much. Paid off all my credit card debt, only spend what I have, cut out unnecessary expenses, shop at dollar store. I can sleep in peace without credit card harassing me. Please keep educating us. Thank you!
@MsMaxinejoy 14 күн бұрын
🎉🎉🎉🎉🎉🎉
@tonyherdina9142 14 күн бұрын
Watch it at the Dollar Store. Sometimes, their prices are higher than the regular grocery stores.
@jeffharris7777 10 күн бұрын
Props!
@Colimotl1 15 күн бұрын
Muchas gracias por todos tus videos!!
@raimundoyanezdoren9127 15 күн бұрын
Thank you Jaspreet for another amazing video. I started following your channel not so long ago and just suscribed both for the channel and market briefs. Looking forward to learning more with this amazing content!
@markharris2393 13 күн бұрын
Reading the GDP is miss leading. Yes spending is up but it’s not really helping the economy. Most spending is government spending and what the government is spending it on. Government sending money for other countries is NOT helping the the US economy. It puts money in the country that receives the money.
@agentjacob4099 14 күн бұрын
Since this is the biggest financial challenge according to adults, what can you do to make sure inflation doesn't completely destroy your retirement savings?
@BaileyJames-zv2ddd 14 күн бұрын
I'm sitting at $189,100 and up around 16.86% in the past year and this portfolio is heavily focused on high yield ETFs
@OscarOwenn 14 күн бұрын
Do what you want... It's your money.. It's your investments.. you know your situation better than others
@BaileyJames-zv2ddd 14 күн бұрын
if you are not getting regular raises at work to keep pace with some inflation, then it's time to make a change Sitting on the sidelines expecting someone to just hand you more money is a terrible way to increase your income. If you don't care about taking the initiative to improve your financial situation with a financial advisor people like *Leah* *Foster* *Alderman* you are missing out then you cannot expect someone else to care for you.
@agentjacob4099 14 күн бұрын
it's probably not enough of a move up yet but i checked on the person you recommend great reveiw on her
@palebiss1646 14 күн бұрын
going to be a little bit longer of a breathing period or breather at least before we're looking at any kind of you know crazy conditions again
@bontexx 15 күн бұрын
If they can just print it, then they can stop taking my money. System is broken its comical at this point.
@markaword1561 15 күн бұрын
Love all the content, i feel like i absolutely cant miss a single video
@tomelew8465 14 күн бұрын
Fantastic, clearly explained, great video! Thanks!
@LDWeary 15 күн бұрын
Thanks, for sharing this knowledge Take care Jaspreet ✌️
@stuartramsay6550 15 күн бұрын
Thanks Jaspreet , from the UK. Great educational videos.
@gavinlocke5980 15 күн бұрын
Great videos. So good how you explain how it really is. Instead of the media
@williamho7393 15 күн бұрын
Next year will be scary 😨
@tt47924 15 күн бұрын
Biden has destroyed our country.
@blakebortles6098 15 күн бұрын
does the world make it that far ??
@overdoseonmynuts 15 күн бұрын
@@blakebortles6098yes we havent got to the point where we start eating our pets
@poeticprincee9750 15 күн бұрын
Interesting is more of what it will be
@ralphangel561 15 күн бұрын
@@blakebortles6098RIGHT!?
@BigBadKaiju 15 күн бұрын
Since no one is coming to save us, I guess I'll save myself and get my butt back to work then...
@rik9833 15 күн бұрын
Hard to go work when it's super hard to land a job
@mrsmerriér 15 күн бұрын
@@rik9833you got this! Within each of us is something someone else needs.
@nonexistent5030 15 күн бұрын
Why did you stop in the 1st place?
@BigBadKaiju 15 күн бұрын
@@nonexistent5030 Oh I didn’t, I’m writing this FROM WORK, as we speak. Can’t go back to work when you never leave work.
@BigBadKaiju 15 күн бұрын
@@rik9833 My guy I’m with you. I had to pull mine out of the dirt but I can understand the plight and empathize with that you’re going through. I’m watching the goal post move on me and despite the amount of work I do, to find out it’s not enough is frustrating. Most people think everyone is asking for a handout when in actuality most just want someone in power to understand and recognize that the average citizen is getting squeezed in both sides and are playing into a game that as never designed for them to work. You cant work yourself into prosperity.
@TraderJff 15 күн бұрын
Well said Jaspreet !! Looking at the flow of money. Which sectors are growing and what are the projections for those growing sectors ?
@AlaskanInsights 15 күн бұрын
I got a cabbage, the cheapest bacon and some grapes yesterday. a few cents short of $25 .... yah strong economy for sure.
@Frannieville 15 күн бұрын
How do you cook the cabbage, grapes and bacon? Boiling, fried, baked? What spices do you add?
@mikeyrose4183 15 күн бұрын
I went to buy an ounce of gold, and the was tripple the price thanks to Trump.
@AlaskanInsights 15 күн бұрын
@@Frannieville I don't cook the grapes with cabbage , just something to munch on... but iron skillet and salt pepper garlic onion. toss in some mashed potatoes and you have colcannon. good stuff.
@AlaskanInsights 15 күн бұрын
@@mikeyrose4183 well you getting ripped off then, current spot is about $2300 vs vs $1500 in dec of 2019
@Frannieville 15 күн бұрын
@@AlaskanInsights thank you.
@barrywainwright3391 2 күн бұрын
This guy would make a great president who speaks so intelligently and understands the financial system.
@Xtina2525 15 күн бұрын
GREAT vid! Thank you!
@DavidDalrymple-df4eb 2 күн бұрын
Always enjoying your vids :)
@Starship007 15 күн бұрын
I have friends that will wait til the ship goes over the falls before changing lifestyle vs cutting back before the falls. Some people more proactive others reactive. All is good until it is not. Our government works reactive. Inflation only transitory let’s keep spending
@JV-ir3zw 15 күн бұрын
You and Dr. Thomas Sowell are AWESOME Teachers ❤❤😊
@inflationmillionaire-df3mn 15 күн бұрын
powell in earlier video accidently said we were in a recession, he said x would effect the recession. then he corrected himself. Freudian.
@DarkHorseParatrooper 15 күн бұрын
Yep I caught that too, when he was talking, laughed my ass off.
@andrewcarlson2178 14 күн бұрын
He keeps talking about cutting the interest rate. There's only one reason they cut the rate. Hint: it's not to help the inflation numbers
@johnroberts3824 15 күн бұрын
I've heard that the government has been growing, which makes the economy appear to grow. But that's not really growth. What if the government growth is factored out?
@tonyamcgrew5891 14 күн бұрын
Best random guy on youtube! I can understand finances, thank you! Jaspreet just rocks!
@josegrafals3808 15 күн бұрын
I'm for deflation!
@michaellightbown9492 15 күн бұрын
Economy is growing because of government debt. Does your net worth increase when you borrow money and put it in the bank?
@aliciaserrano9698 15 күн бұрын
Absolutely insane, really insightful video
@XxN8iVeSc0uTxX 15 күн бұрын
Solid breakdown ❤
@MrDebranjandutta 14 күн бұрын
Sat Shri Akal. You have made some very cogent points about judicious financial behaviour.
@javakathompson742 13 күн бұрын
This was an awesome explanation of the financial situation in the US
@DekiU310621 13 күн бұрын
Thank you Jaspreet, we want more this type of videos.
@marvinwalker6045 15 күн бұрын
Great Content
@tejakillerfishbilla7 Күн бұрын
Hi, can you let me know where to find the lowest prices for the houses when the houses prices went down.
@DIPPYDO 15 күн бұрын
It's not the size of the economy, it's how you use it..
@MotivationalMindset4646 13 күн бұрын
I like how you set that intro up
@ralphlinville6646 11 күн бұрын
Good perspective
@jasonpica6141 15 күн бұрын
So I have Roth ira. What would be a better way to invest my funds?
@shopelectronicshub 12 күн бұрын
Great content 🔥
@rollin-92992 15 күн бұрын
Just know what and when to buy, easy
@Jhosey74 15 күн бұрын
Thanks for the unbias update, Jaspreet
@Redix9 15 күн бұрын
Jaspreet I have begun to implement the 75/15/10 rule in my life! Recurring investments and savings are now in place! Thank you for your wisdom and life experience!!❤🎉
@MinorityMindset 15 күн бұрын
LET'S GO!!!!!!!!
@nelsonfonville9533 15 күн бұрын
We have a graduated or progressive income tax structure. The tax rate increases as income increases. Therefore inflation results in a bigger % of income being paid in taxes. Inflation is also a tax on a tax.
@hotsauceislethal9430 12 күн бұрын
Well I'd say that you should counter emotions as an indicator and BUY the fear and buy the panic... so yes you should act on it but not impulsively and emotionally
@donvasquez8789 15 күн бұрын
Good morning Jaspreet. I read a book called "the creature from Jekyll Island" . I don't know if you have read it but, wanted to get your take on it.
@TheThinker1111 15 күн бұрын
Jaspreet has already endorsed this great book as one of his favourites amongst others in previous videos
@donvasquez8789 14 күн бұрын
I really appreciate that. I didn't know that he did. Thank you
@Wisconwiggy 9 күн бұрын
You can manipulate the numbers and make it confusing so as long as you look at the right numbers anyone can argue their point of view. I know as here in wisconsin one of the things is we will powder the milk and warehouse it depending on milk prices and i see that with corn but i only know first hand about the milk
@testpilot. 15 күн бұрын
I sold my usa bonds i don't have faith at the moment
@britneythao 15 күн бұрын
Holding cash is more dangerous. Buy gold instead. To me, it is a perfect market for stocks right now, but stock market is not for everyone. Since you bought bonds, I assume that you are more conservative with money. Then holding gold is safer for you now. Just my two cents.
@iann.152 14 күн бұрын
@@britneythaoI bought gold and invested in the VTI with the same amount, 10 yr later, I sold all my gold with 25% profit while my VTI gain 400%…
@XxN8iVeSc0uTxX 15 күн бұрын
I also subscribe cause you added it at the end it’s super annoying when KZfaqrs ask at jump street 😂
@MarlonUrias 10 күн бұрын
I never understood how printing money created inflation. This was very informative
@kentbrosh8970 15 күн бұрын
Yes, 35 T in debt but let’s add unfunded liabilities. Now, it’s 200 T.
@RonaldSkancke 14 күн бұрын
You never hear politicians talking about this.
@brandymocanu6073 15 күн бұрын
Just take out borrowing for the deficit AND WE ARE NEGATIVE.
@rajandseema123 15 күн бұрын
Groceries and Gas pump prices aren’t lying.. Economy sucks Taxpayers money to foreign countries and Illegals. The working class has to make more taxes, work hard and harder to be successful .And the government punishes you make no sense.
@frankpinter9508 15 күн бұрын
No, companies are making money. The worker pay isn't keeping up, gotta up skill or change jobs. Peole are still paying ath for houses and vehicles. So what if people can't retire, they still gonna consume
@falcorzed 13 күн бұрын
This js not an expensive year for gas when you look back 20 years. Oil production is up. The elephant in the room like the video mentions is government spending that Obama hit a new record, Trump spent even more and now Biden is the worst.
@stmboat 9 күн бұрын
@@frankpinter9508 But elites are utilizing markets to crush small businesses as they don't provide the same taxable income that the big ones do. Its easier for elites to allow for the insects to become tribal than to improve their situation. Why would you work for 15 bucks an hour? Its a waste to even work a regular job making that little unless you are 16-20 years old or part time.
@franklintejeda3472 15 күн бұрын
The wall will be hit soon
@michaellalanae7228 15 күн бұрын
What about the story that's saying there's 47trillion dollars borrowed against realestate in America alone?
@Sunnynyc718 13 күн бұрын
Jaspreet paji can you please teach me how to option trade? I really need that right now badly!! 🙏
@frankmartinez4351 15 күн бұрын
Can you do a video on NIO stock
@raybod1775 14 күн бұрын
GDP needs to be measured by subtracting government spending and subtracting Federal Reserve asset balance, it isn’t great.
@ThatGuyOnYoutube2 15 күн бұрын
Bring me some cheap asset opportunities! Im ready!!!
@Starship007 15 күн бұрын
Gold reflects devalued dollar at $2300/ounce. BRICS nations, opec developing own reserve currency based on gold. Costco selling out of gold intermittently. Sold 100 million last quarter.
@billywilly1035 15 күн бұрын
Gold is being mined intermittently lmao. Ever heard of Nevada or Alaska. These doomrrs are lol 😂
@jayevans6077 15 күн бұрын
If it seems like the economy is bad, it's because of greedy corporations with unnecessary inflation. It is what it is because this is capitalism. You can also google which administration came out with the PPP loans which caused inflation.
@jasonpica6141 15 күн бұрын
Well, the monies US makes on the lottery should be able to pay off most debts.
@George-wk2bf 13 күн бұрын
Third person car insurance ponsei , bargain if use third party to compare
@airthrowDBT 15 күн бұрын
The strongest economy in the world is a completely different thing than the strongest economy of all time
@MAnderson5 15 күн бұрын
The Fed's talk of interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is $3m for retirement.
@JD-ir2sb 15 күн бұрын
Ramsey said it best…”live today like no other so you can live tomorrow like no other.
@romanshevy257 12 күн бұрын
Tomorrow isn’t promised. Ramsey is a fraud.
@caliwrestling2015 15 күн бұрын
People running out of credit card debt and also used their stimulus checks to fake the funk.
@MarstonMatt 2 күн бұрын
GDP isn't "the sum of all the spending in our economy" AT ALL. It's the sum total of all goods and services PRODUCED.
@user-jg9nj9xk8t 15 күн бұрын
Well it's all a matter of prespective, for the rich it IS the STRONGEST for the poor is the worst .... because a puppet is spewing lies doesn't make it into truth...
@eugene1059 15 күн бұрын
I always get value out of Jaspreets videos.
@mstuazon962689 7 күн бұрын
I have plenty of loan i pay for it reguarly . Its sucks when i heared student loan and if they cannot pay government pay for it ..
@scotthepler950 14 күн бұрын
The Federal government has an additional source of revenue from leasing mineral rights on Federal and offshore land. This generates approximately $18 billion dollars a year in revenue. While not a great deal compared to the debt, but it is not nothing either. Now how the money is used is another topic all together. Just wanted to clarify, the Federal government does have an additional revenue stream. Also, I would argue that taxes are not a stream of revenue, but a confiscation of assets. Revenue is generated from actually producing something or providing a service, which the Federal does not do.
@ldelacruz22 15 күн бұрын
Is really mind blowing to me how ppl let their emotions get the best of them and rather have a president that's screwing you nonstop
@darealinviz 15 күн бұрын
from the sneakerhead pov it def feels like we’re in a recession. resale is dead and im loving it 🥰
@B0RN2RACE100 12 күн бұрын
I got out of the military in mid 2022, used my savings to start a trucking company,got into debt in 2023 trying to stay afloat and I’m coming out this year with my assets and about to pay off all my debt next month, my biggest fears is that after years of struggling and trying to save money, not taking SBAs and loans, the US government seeing how everyone is in debt will forgive all that debt and at it to the national spending, leaving my saved money with less value and taxing me for not going into debt to pay for other peoples debt.
@DreamKalibur 12 күн бұрын
It's worth mentioning that the federal reserve lends money to the USA not just at interest, but also with promise of collateral, in case the USA can't pay the debt (inevitable). What's held as collateral?...All of the USA's assets, it's people, it's people's property (this is what titling and registration is really all about), and more. This is why the World Economic Forum is able to have the slogan, "The year is 2030, you will own nothing and be happy". How do you think they can claim such a thing?... because all of our assets are held as collateral by the central banking fiat money system, and the system is collapsing soon. You can't print money out of thin air forever. The real solution?... 'Sound money' backed by hard assets such as gold, etc. Not fiat currency. "Gold is money, everything else is credit" -JP Morgan, 1912
@stephenj5980 15 күн бұрын
What if we stopped funding foreign wars and cut all international aid in half? How quickly could we pay off our debt?
@alexcho8953 15 күн бұрын
Also, paying people in THIS country NOT to work. Way too many give away programs to buy people off.
@RonaldSkancke 13 күн бұрын
If you take into consideration underfunded obligations. About 300 years.
@stephenj5980 13 күн бұрын
@@RonaldSkancke what are some good examples of underfunded obligations? Maybe the VA?
@MarstonMatt 2 күн бұрын
Inflation ABSOLUTELY NOT "the amount of money in the economy". That is called "the M1 money supply". Inflation is the percentage rate that prices increase over time.
@MrAlexanderTheG8 11 күн бұрын
The broader economy and the personal economy aren’t mutually inclusive. People will base their feelings off what they can afford as it relates to groceries, gas, rent, healthcare, etc. etc. You’ll know when we are in a recession when you start seeing mass layoffs, and the unemployment starts to skyrocket. We are all full employments and home prices aren’t coming down fast enough, and vehicle costs continue to be higher, as inventories slowly build. When searching for cars, you’ll be hard pressed to find a Honda accord for 10k that doesn’t have over 130k miles. This is what we are dealing with. People are also making decent money right now, and people continue to spend that money on travel, consumer goods etc. etc. We are in a weird economy right now, and there’s no telling with the dam will break.
@jb44448 15 күн бұрын
Doesn't mean much, but we're on par or better than a lot of other countries. That's a really low bar.
@TheDoomWizard 15 күн бұрын
We're trillions in debt.
@user-ph2qg1iz9u 15 күн бұрын
GROY TMC and AG 🚀🚀🚀
@fatsoaok6749 15 күн бұрын
Hey friend! Do you have any advice for an algorithm trader who spent his entire life on welfare with no financial education other than good entries/discipline/money management? 😅
@tinad8561 8 күн бұрын
So, what I’m hearing is that the GDP figure is increased by inflation and by government spending. The statistic we are using to justify that the economy is in great shape is inflatable by bad government financial decisions. Isn’t this the classic “I can’t be broke, I still have checks left” justification?
@Hari-v8k 3 күн бұрын
If I had cash during every economic downturn, then I'd be timing the market perfectly! How on earth does anyone do that?
@CopOnTheMat 13 күн бұрын
What’s up with the low res camera?
@Johnis2nd 14 күн бұрын
My edible kicked in and I started thinking the beard is fake
@Hellobuffal 13 күн бұрын
As Sikhs we never cut our hair so it's real bro
@LuckyDogProductions 15 күн бұрын
Did I miss the part where the USA dept goes to???? Who collects that interest from the gov't????
@savfab5689 15 күн бұрын
Ultimately the world bank but I believe it gets paid to the Federal Reserve first.
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