I love the so-called investor class! You hear that companies are overpriced, stocks are overpriced, the market is overpriced, however It's inflation driven by profit-seeking by companies driven to provide dividends, not driven by any global crisis, that is slowing consumer spending. It's the latter that will drive the next depression. Since they sort it out the subprime mortgage scam, the next thing to fall will be overpriced cars and their associated leases.

Stocks and property is a shelter from inflation so they will keep going up. More tariffs are coming especially on Chinese product, some will see 100% tariff, so expect to see higher prices. Government debt is parabolic, so inflation is inevitable hence stock and property is where to be, even if main street is not spending. Inflation/tariff is a sells tax, and is the only acceptable tax in this society. For grins and giggles, an average car in china is $10,000. They have problem with deflation, their costs are 1/5 to 1/6 of US and getting lower.

Buy Only What You Need & Nothing You Want😊

$118,000 and $96,000 for a pickup? Keep them! And yes, the job market for low wage jobs is healthy! For high-tech high paying jobs, not so much!

No worries America. Keep voting for simpletons with degrees that tell you what to do and send yOUr money overseas to people who sound like they are spitting when they talk, don’t care about you, and are accustomed to the US providing welfare thousands of miles away. End result of voting, don’t want to hear any crying. Shut up, send your money overseas, pay 150k for that F150.

Question: After the global debt collapse, what comes next??? Answer: A systemic general poverty that lasts for generations. Socialist governments are not the people's friend.

Been out of the market for 2 years now after a great run from 2014, the market is 50% over valued for the term investor, I am happy taking my 3% until the correction comes. Don't be greedy!

Google and CenserTube hates the truth, that’s why they do not believe in FREEDOM of speech!

These conglomerates have done well raising prices inordinately through and after Covid. In doing so they have made for example Mayonnaise a luxury item, reduced demand, and emptied the pockets of their customers strapped with insanely increased RE Taxes, Insurance, Car payments, Rent... unchecked greed by monopolies and stock buybacks some of the root causes.

If you take on a new vehicle for more than the length of the warranty to afford the monthly rental check if you or the finance Co are then responsible for the maintenance if the have an engine failure you could be stuck with the bill

As one who recently needed a truck, I refused to spend 80k for a truck. I instead went with a used truck even at 34K, but it was much cheaper than a new one (law of contrast). 34K should be the top end of a new truck. They're just not built well enough to ask anything more. It's no longer about providing good value; it's about "what can we soak people for" and keep them perpetually in debt to the banks, and rake in high profit margins for the manufacturers. It's all the result of greed and crony capitalism.

Great report, but its even worse. The cost of insurance for those cars has incresed to several hundred a monrh as well.

My best friend has been a tech recruiter for over 25 years......YOUR DAUGHTER IS RIGHT! They are fake jobs. These tech companies are not hiring. Its all for show. Even at the C -Suite level which is who she specializes in.

Not my problem. Buying new is generally a poor choice unless you are seriously wealthy. I paid off my homes instead. Any decent truck outside the rust belt is good for twenty or thirty years including mine. I could buy a new ride for cash today because I would never buy a new ride. Anyone can do this with some determination. Determination is worth at least as much as raw intelligence.

Many indigo and pastors all says the economic crisis will begin this october 2024

The black swan is slow mo swan?! If you base all decisions on 6 months moving average, you‘ll be late a little….

26:30 Those stocks have all recovered, and pushed on significantly more. We’ve had our small correction.

Yes, there may be a significant price correction for consumer goods, possibly a crash. But there won’t be a stock market crash: those future consumer price reductions are mostly already factored into stock/share prices.

How do I get one?

Painful to listen to

People are actually paying a 17% premium for US gold coins on Ebay these days!😳

Imagine all of the 401ks going up in smoke because they are heavily invested in these Commercial real estate buildings 😮

Your saying now, in May 2024, that China’s economy is showing cracks? Reslly?! This is new to you? This destroys your credibility. This has been news for three years!

TLDR real estate bubble is at least 11 times actual asset value and first mini-pops ahe here?

Thanks for the summary.

When do these losses start to show up somewhere?

Good information, thank you !

Aloha...konichi wa

globalist econemics working as intended

About time. This inflation needs a correction.

💩 Storm is coming, I hope it short, not a depression multiple years

I know nothing about trading /investment and l'm keen on getting started. What are some strategies to get started with?

Great video… I have a cabin in GA… with good views … I can only imagine what you have there .

Talk about bad timing! They bought this building during COVID! This is just the beginning! Wait until all these leases start expiring on all these office buildings in our big cities! Lucky they get 20 cents on the dollar.

I would like, the houses go down a least 50% from where they are now way to F. Higher. 😢

The secret is have no debt, and another thing you're all going to say, OK Trump we're sorry we'll vote dor you again. Well let me tell you, despite what the Stormy media may be telling you, he doesn't have a magic wand to fix the nass you're now in. That's after only 3 years.

Communist central planners will deflect responsibility, targeting some other reason for the misallocation of capital and labor. Fortunately, blame can be shifted

12000 year 10 years 120,000 loan cost added in ,,,,,,

10 year loans lately

As I seen oldest people over 90 years and the few that make it to one hundred,that's a lot of extra stuff as a kid I made a living bringing out dated stuff to dump,,,,look at the numbers there ,look it up

The big banks never talk about reducing interest rates? WHY?

Where do you buy a Donald Trump in 2024?

This is crap when you need to buy a truck to go to a USA or Australian supermarket

@reppondinvestments Greed can break the economy. When you price your product beyond what a client can pay, you no longer have a client.

Do you mean, never buy an old bastard, before we all get old

Buying a used EV from Gaza in 2024, only those who are young should apply.

How many old people are going to need have a used car in 2024

The US GDP is good is only because the military industrial complex are doing roaring business which never benefited the regular guys.

People MUST realise; .A car is really ONLY transport. The cheapest, most reliable plain transport is my computer on wheels .. a Tesla!

Why such low audio volume?