The U.S. Economy isnt healthy Boeing announced Friday it will cut 10% of its workforce and end the 767 freighter program as it grapples with financial challenges and an ongoing machinists strike. According to an email sent by CEO Kelly Ortberg. The layoffs are expected to take place “in the coming months,” and the leadership team is expected to share more specific information next week... KING5NEWS/SEATTLE / 10 hours ago ☹️
@BIgBass255Сағат бұрын
I'll be more than happy to loan the Government my money, however, I want it paid back in that so called Gold at Fort Knox.
@tomateeee33Сағат бұрын
Ya but they continue pumping with derrivirates and this never ends
@YawehismyGod2 сағат бұрын
It all comes down next week.
@catman55462 сағат бұрын
Sounds bad , but nothing happens, they just print money, we pay !!!!
@laworldde3 сағат бұрын
Every channel just guessing their way to the crash.
@EdenaCrisi3 сағат бұрын
There is a systemic problem -- greed. We have allowed many of our economic sectors, to take advantage of the American people. It's disgusting and frightening for the future of our country. My wife and I will be retiring in the next two years n another country. We are absolutely worried that SSI will no longer be funded. we'll have to rely on his pension, a 403 (b) and a very prolific lnvestment account with my Abby Joseph Cohen my FA. Our national debt is bloating and expanding every month. Our government needs to get spending under control and cut the federal budget.
@AllenDolt2 сағат бұрын
I know this FA, Abby Joseph Cohen Services but only by her reputation at Goldman Sachs; even though she's now involved in managing portfolios and providing investmnt guidance to clients. I have been trying to get in contact since I watched her interview on WSJ last month
@CaressaWillianСағат бұрын
Abby Joseph Cohen Services has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
@CaressaWillianСағат бұрын
The very first time we tried, we invested $7000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
@MDJDirectСағат бұрын
Scam alert
@davidkelly37793 сағат бұрын
You are idiot
@fluffyclucks73205 сағат бұрын
How's this for a few stats to take note of? The vast majority of US retirees have upped their allocation to stocks to 60% of their liquid assets vs what is considered safe, 30%. Second, Market cap of the S&P 500 vs GDP (the Buffett Indicator) is currently cruising at a near 90 year high, and heading for the 1929 high. Shiller/Cape PER for the same index is heading for 40, approaching the 2000 bubble and well over the 1929 high. Also, leading indicators have been tanking hard for a while now, and employment numbers are turning the way they do just as a recession takes hold. Put another way, yeah, this dude is always doom and gloom, but the numbers are worth considering big time.
@Peter-q8v6v5 сағат бұрын
Does this guy ever take a step back and realise he's just as "unbelievable" as the people he talks about. He grew up in a generation which was given everything and earned nothing.
@blucheer87436 сағат бұрын
Apple needs a new Macintosh
@nicholasblakiston62976 сағат бұрын
Spot on Steven. But surely they'll do whatever they must to postpone a crisis until after the election. Are they buying bonds without telling people? Not sure who else would be in that market. Gregory Mannarino thinks they are.
@Verrachi6 сағат бұрын
It's SHOCKING !! WTF is going on !! HOLY HELL IS HERE !! GET OUT NOW !!!
@DanDesmarais6 сағат бұрын
Steven: You are a National Asset ~ Thank you.
@Photoshop7296 сағат бұрын
My bank just announced a freeze on “quick cash” loans due to higher volume than anticipated. These are loans where you can access an extra 1000 or so and pay back over 90 days
@zeemeister850166 сағат бұрын
GET OUT MEOW!!!
@inezascari94247 сағат бұрын
If banks don't have liquid why can they pay such large fines like td bank 3 billion fine
@brucesmith91446 сағат бұрын
They pay the fine and shaft the bond, shareholders, and depositors.
@STii137 сағат бұрын
Man just tell us when will it collapse? I been hearing this impending doom for 2 years now..
@millardmoore4797 сағат бұрын
Trump 24 no more war
@JimMcNutty7 сағат бұрын
I come to these video for the comments on how ridiculous this guy is. Never disappoints
@patrickrussell18887 сағат бұрын
Seems like there is plenty of drug money or money under the table. Just ask the bank who was fined ONE BILLION DOLLARS for illegal activity.
@xx38687 сағат бұрын
AFTER the housing and SM crash? Anyone asking about that? The 35-40 Trillion US debt and 1 Trill Int payments will still be there!! and how will they sell bonds in a deep recession and other countries broke too???
@patrickrussell18886 сағат бұрын
What did they do during the Great Depression (Great Reset)(?)...winners and losers. Most of Main Street were losers in the bread line. Just because we live in a "modern era" doesn't mean we are immune from being street dwellers. 😢
@miniminamanmina37157 сағат бұрын
The federal reserve will print it's way out of anything.
@patrickrussell18887 сағат бұрын
We forget the Fed is run by The Good Ole Boys Network [TGOBN]. Some of the Boys decide to let certain banks go under and others to be propped up...same thing on a world scale. Neither Congress/the President, nor the US Supreme Court have any say in the matter except to nod their heads and pen their ink to the paper the way the TGOBN decides it is gonna happen. History of the formation of TGOBN decided by robber barons of the 19th and 20th Century.
@patrickrussell18887 сағат бұрын
We still access to our checking account 😊 When they refuse electronically to process a payment or withdrawal (say the typical $200 weekend cash draw for fun), all hell will break loose😮
@Glok6167 сағат бұрын
Your language is…repugnant
@Blues-g4d7 сағат бұрын
Get your cash out now have on hand
@patrickrussell18887 сағат бұрын
Kinda hard to pull out all your money in the bank when your checking account is set up for auto-withdrawal on a regular basis to pay your bills online. Imagine the headache of going back to writing checks! 😮 Stamps and envelops, OMG. Of course if you take your cash out of the bank, you then have to hitch up your horse & buggy and hand your debt payment over in person!
@Blues-g4d6 сағат бұрын
@@patrickrussell1888 auto withdrawal can be stopped and u can still pay Bills while take the rest out of the banks your account, there is a lot of info facts about the money digital already at works and banks are failing and falling down world wide , Africa a year ago start out with Bitcoin digital gold coin for money , and so is going to take over more
@Blues-g4d7 сағат бұрын
Get your cash out now have on hand
@timwalpus70197 сағат бұрын
Very smart
@Blues-g4d7 сағат бұрын
Its no joke
@davidweinberg78338 сағат бұрын
The sky!😂
@garymoore87418 сағат бұрын
all by design!!! they hate amercians!
@garymensurati16318 сағат бұрын
STEVEN, WHEN ARE YOU AND BRAVO GOING TO DO A JOINT SHOW. THAT WOULD BE HILARIOUS ?!! Thank you.
@robmirich32818 сағат бұрын
I think there is a fourth reason for the decline in reserves (one that banks don't want to mention)...increase in loan loss reserves. That is increasing and will increase going forward, especially as late payments seem to be slowly increasing and the use of derivatives to manage interest rate risks seems to be getting more expensive.
@bostonfrank67398 сағат бұрын
only make safe loans
@patrickrussell18887 сағат бұрын
Can't feel sorry for banks taking risk on customers who have trouble managing their finances. What bothers me is their sky high interest rstes...usuary (and we in this world decided that usuary is ok). 😢
@agavebob34628 сағат бұрын
I dont understand the people in the comments who say " You said we were in trouble yesterday " or " this is another shocking video?"...the economy will not crash on just one sole event : it takes a number of bad deals to bring it down and Steve is pointing out one after the other. Hes giving us a play by play everyday just as the economy is preparing to take a nosedive.
@JimMcNutty7 сағат бұрын
This guy every week highlights the same things over and over telling you to be scared while ignoring any of the good data. You are seeing what he wants you to see and focus on. These are the same people calling for a crash every year since 2008. He’ll be right eventually but you will have missed the bull market because he scared you
@bostonfrank67398 сағат бұрын
Why do banks have a liquidity problem? Because they loaned out all their deposits. Do not loan out all your deposits. You say there is going to be a financial crisis. I hope there is. I am invested in T bonds. Interest rates will go down & bond prices will go up
@markrichard84609 сағат бұрын
So go all in! Doesn't matter what happens when you have endless amounts of money being printed going into the market.
@adi-19339 сағат бұрын
This is the doom and gloom BS liquidity channel! I keep selecting “don’t recommend channel” but keeps popping up in my YT feed. What a nuisance! Besides, there will never be a liquidity crisis ever, anywhere. Everybody now knows how to print money!
@constantinosargyros95089 сағат бұрын
Holly molly canolli you made me drop my canolli 😅
@johnharman2059 сағат бұрын
Mr Steve… you speak the truth. Thank you
@Rusty57.39 сағат бұрын
Does he really believe this stuff?
@joeblow82069 сағат бұрын
Rainman anyone....??
@mikeherbelin77749 сағат бұрын
I have no money so now what happens
@TheoSmith2499 сағат бұрын
I thought I block this channel 2 yrs ago. Does this dude just repost 2yr old vids and hope we forget. 😂
@bobteo8139 сағат бұрын
Buffet sold/took 90bil worth of his stocks out of Bank America. What a cash out.
@bostonfrank67398 сағат бұрын
good point
@patrickrussell18887 сағат бұрын
The cake walk is now in progress...grab your chair if you can!😮
@MT-ek9te9 сағат бұрын
Seattle Businesses Bracing for Mandated Minimum Wage Hikes Fewer staffers, higher prices, shorter hours, more layoffs, threats of going out of business - Seattle businesses predict will come to pass once the city's minimum wage raise goes into effect. Everything will cost more as the cost of doing business throughout the Puget Sound Area goes up 😢 | FOX 13 Seattle/ 8 hrs ago
@patrickrussell18886 сағат бұрын
Not what they are saying in California
@APC_Trades9 сағат бұрын
How do you live with yourself? You are always wrong. S&P500 hit an all-time high today and did JP Morgan, one the largest banks in the country.
@JR-rp7vr9 сағат бұрын
Day of Atonement! Judgement for the wicked, blessing to those who repent. End times are here.
@RandomGuy-k7m9 сағат бұрын
Isn’t the debt to assets ratio in the us banks like a full1 to 1?
@s404n1tn0cc9 сағат бұрын
THats right buddy boy. The Discount window is the last stop. And then they have two options Merge or Dissolve. Why They don't know how to manage anything they just talk talk And should have tossed their Finance Degrees and used it for toilet paper. And so that where they belong. They should have called you Mr. Meter. Of "Van Meter Advisors." IMO.