Unemployment is an odd concept in an economy where for so many folks it’s necessary to work multiple jobs just to get by. Loose one and you’re counted as employed but suddenly don’t have enough money to live.
@winifred-k9e13 күн бұрын
Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?
@LUCIASMITH-d1z13 күн бұрын
Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?
@richardhudson124313 күн бұрын
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
@HoskinsShanellNicole13 күн бұрын
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
@richardhudson124313 күн бұрын
Finding financial advisors like Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@raymond_sycamore20 күн бұрын
I’m already unemployed, I’m ahead of the curve
@cdweber454720 күн бұрын
Me too! Mass layoffs in February got me! Worked for a large law firm that handles mass tort cases .. excuse we were given .. Corporate restructuring .. 🙄 150 people affected! More like “the bankers” (investors) demanded it bc the banking industry is in trouble.. 🤨
@surelyso163720 күн бұрын
😅😅
@itcantbetruebutis777820 күн бұрын
It's gonna get really bad I shit u not!! We're in for some serious hard times ahead I feel. Hope u are doing Allright!!
@itcantbetruebutis777820 күн бұрын
@cdweber4547 damn I'm sorry to hear.. hope u prepare best u can!! We're in for some seriously tumultuous times...
@cdweber454720 күн бұрын
@@itcantbetruebutis7778 Yes!! Thankfully we were prepared!! ❤️
@khanh852420 күн бұрын
Crazy how the executive gets bonus when they are the root cause. The system is corrupt.
@tompilling415420 күн бұрын
Man down NYC
@NYDBLoCK20 күн бұрын
obviously .... you think they are going to shield their employees by denying themselves luxurious bonuses ....... it's always been this way .....
@dalehodges536220 күн бұрын
Cargills farming practices and contribution to cancer costs a Trillion dollars per year in health care, water pollution and soil erosion.
@phreedomphile20 күн бұрын
Yep, better to shift towards a carnivore diet to lessen the impact of agrichemicals on our bodies and environment. Also, plants have many defensive chemicals and many of them grown for food are highly processed and loaded with carbs/sugar.
@georgiapatriot457519 күн бұрын
Good to see I'm not the only one here with a similar comment. I used to be the only one sounding the alarm on things like this--not any longer. It's great to have help now.
@joserivera734920 күн бұрын
I am in the wholesale produce bussiness. Some produce have gone down 50% on consumption. This means people's income has been greatly reduced due to high inflation which in other words means dollar devaluation.
@s3ts20 күн бұрын
"You don't cut rates in a strong economy." Excellent point.
@earthlingcarnivore60520 күн бұрын
What economy ? Scam is everywhere
@brokenarrow984920 күн бұрын
The only 2 people I trust to give us the real numbers. Thank you, gents!
@soniatorres275020 күн бұрын
Thanks for being sooo transparent! ❤🙏 Please stay safe, our Country is extremely corrupt.
@drummersagainstitk20 күн бұрын
Thanks Travis, Mitch and Melody for every single post. Incredible reporting.
@surelyso163720 күн бұрын
Mitch---the voice of reason. What a blessing he is! Thank you Mitch ❤
@meganne820 күн бұрын
I’m praying for Mitch to be successful, I’m so excited for this lawsuit!😊
@annturk32620 күн бұрын
Solandra went into an old Sears warehouse in Saginaw, Michigan circa 2009. Never saw an employee in that building!! Went bankrupt about 1 year later. The government is the new mafia… maybe worse than the “old” mafia!!
@z352kdaf832420 күн бұрын
What does that have to do with this company?
@annturk32620 күн бұрын
@ Mitch was talking about the corrupt solar companies during Obama….
@kk-rc6dw20 күн бұрын
Much worse... mafia believed in families.
@girlharwood20 күн бұрын
It isn't new. The founding fathers were freemasons. It has always been a slave system but it was repackaged in 1776 to look less slave-y.
@msm-u3g20 күн бұрын
Common sense vs. corruption.
@SonjaShindler20 күн бұрын
Wow! Mitch, this is fantastic news! Thank you for all your expertise. Absolutely, awesome.
@dudzinski32420 күн бұрын
Cargill was a horrid company to do business with twenty plus years ago. First on the train to poison the food chain. Hated and discriminated against female business owners. Sorry for the job losses.
@jma835220 күн бұрын
How do you control the people? FOOD! this has been going on for centuries!
@BabsKaz19 күн бұрын
He who controls the weather controls the world. LBJ. The evil WEF depopulation plan. First the crops and livestock. We are next. Thinning the herd.
@AbcDef-iq4no20 күн бұрын
Mega-retailers like Walmart and Target have figured out since the so-called pandemic that there is more money to be made selling over-priced groceries than hard goods like electronics, clothing and hardware items. So their claim that they are paying more for grocery items and are just passing on these increases to unsuspecting consumers is just that a claim, and an unsubstantiated one. Also, if retail / grocery stores like Walmart or Target ever see a decline in their hard goods sales, they simply jack up their grocery prices to make up the difference. That is the blatant downside and high price their customers pay for the so-called convenience of one-stop shopping.
@kbrown61119 күн бұрын
💯
@fake73420 күн бұрын
This is why I became self employed and bought a house when I was 24! I have never really had a regular job! No Thanks!!!
@wandak188919 күн бұрын
Good for you! It’s better to be stressed out about your customers then to be on the edge with fraudulent employer’s.
@fake73419 күн бұрын
@@wandak1889 I was a working General Contractor! No employees! 25 years realitivally trouble free! Had few issues with my customers! It's like driving a car... Last ticket in 1981🤠👍
@Apogge_kings20 күн бұрын
The executives are stealing
@bamahama70720 күн бұрын
But where will they SPEND it?
@scott949420 күн бұрын
@@bamahama707Hunter will take it
@fatman666020 күн бұрын
Did you see the one shot in newyork today?
@Dasani_water_drinker20 күн бұрын
@@fatman6660 hopefully we will see more
@belovedwarrior48320 күн бұрын
Wow....big money when i was a kid was a million dollars 😂
@iwishpeoplecaredagain20 күн бұрын
Was a 50 cent coin it would buy alot in the early 70s my grandmother may she RIP gave us that every summer vacation it was a nice time growing up in that time compared to now. 😢
@joecummings126020 күн бұрын
Now Millionaire just means you own a suburban home on an acre
@stephenkern578418 күн бұрын
A million damn sure ain't what it used to be. A dollar won't buy much. Should just abolish pennies and nickels. They don't buy anything.
@belovedwarrior48318 күн бұрын
@stephenkern5784 no but because they are made of metals they're worth more than the paper currency 🤣
@lauraw.700820 күн бұрын
Small farmers have been squeezed by large corporations (& private companies) for years.
@joebuphey731019 күн бұрын
People are saying lacey Montgomery is Scamming people for donations. I donated after watching your interview with her. I feel burnt and need an explanation from you, Real Estate Mindset!!
@speaklifegardenhomesteadpe878319 күн бұрын
💯💯💯
@aracelimalone116720 күн бұрын
Mitch I pray for your protection & wining that lawsuit 🙏🏽
@CarlLong-e5g20 күн бұрын
You guys know nothing about commodity prices. Corm prices were $6.50 a bushel in 2022. Corn prices were roughly $4.50 a bushel in 2023. If Cargill purchased 5 billion bushels of corn in each of those years and sold the corn for 30 cents more per bushel than what they purchased it for their gross sales would be 10 billion dollars lower. Even though their gross sales were lower their net profit would be the same. They also buy wheat, soybeans, and other commodities which are lower priced than they were in 2022. That explains lower gross sales.
@l.a.mottern310620 күн бұрын
Whenever you see a company laying off people in a major sector--there are multiplicative downstream effects that will impact other sectors with a lag time of just a few months.
@homegirlsuccess19 күн бұрын
Mitch is speaking his mind. Thank you.
@tonykool534720 күн бұрын
Great news on the property taxes. Congrats.
@jerryrosa831820 күн бұрын
They give our money away and get Their kickbacks. Same old game.
@missshroom551220 күн бұрын
They need to start calling out names behind the corporations as well. When they throw the word..corporation..it sounds too overwhelming to fight. Let’s start telling people the names behind these entities. We could atleast shame these people at the very least
@edmund2j20 күн бұрын
Sadly, this is just the beginning. I got layed off last Monday as part of a mass layoff of a tech company.
@stephenkern578418 күн бұрын
But Bidenomics is great!😅😅😅😅😅
@rebeccamyers329614 күн бұрын
Just wait until Trump is in office...it will be way worse!!!@stephenkern5784
@liberos10020 күн бұрын
Its not Rusian war, its the US/NATO war.
@sabiansatchel20 күн бұрын
No carbon no life. Our breath exhaled is life for plants and trees as they breath in what we and animals breath out. No breath no trees no trees no oxygen no oxygen no life.
@judithstapleton7420 күн бұрын
Thanks a million gents!
@marycollins821520 күн бұрын
Something very wrong indeed! TY both.
@wendamaltessee20 күн бұрын
Why do corporations get away with murder? Why does government allow this to happen by passing laws and regulations, and deregulating the very framework that these corporations operate within, both nationally and internationally? Why are We, the People suffering at the hands of this oligarchical government, while our taxpayer dollars are being used against us? And why does there seem to be no difference between the private sector and the public one? Answer: Because government owns it all!!!
@pattyjones604420 күн бұрын
Keep informing us guys!
@Joe-ij7vi20 күн бұрын
You both do a great job to give the public honest information. It is all about stock value to stock holders..To get
@bobbarnum632220 күн бұрын
They are going robotic too human jobs are being elimanated .....
@Dasani_water_drinker20 күн бұрын
Nah. They are gonna do everything they can to pass on a poo show to orange man
@kenbowser562220 күн бұрын
Spot on
@christinamarie359819 күн бұрын
.. TOTALLY agree with STOP BAILING these failing companies out!! Just STOP
@Co-SS19 күн бұрын
Mitch, awesome man. Love the data and analysis.
@bdek6820 күн бұрын
The economy is not the stock market until it is! We are a consumer driven economy and the layoffs will eventually tank these markets!
@janetwethepeople939020 күн бұрын
Maybe because less people buying the poison food. Sorry for the people that work there though.
@SilverLife-oi4ng19 күн бұрын
Or they are about to be shut down permanently. We can only hope they go to jail too!
@TunnelRat707120 күн бұрын
I enjoy your briefs and stay safe and healthy God bless you and be with the both of you
@TunnelRat707120 күн бұрын
Be safe
@kindaplayerone412820 күн бұрын
Mitch you rock brother!!!
@Gary-vo9rm20 күн бұрын
Gotta give you kudos for not only *_talking_* about our "issues," but *_"getting your hands dirty too."_* A good example for others and a pathway to success in intangible, but preciously irreplaceable, personal ways... which lead to more of the analog too :-)
@Drone-h2i20 күн бұрын
Tyson foods is closing a processing plant in Emporia, Ks and 800 people work there. This is to make the company more "efficient" BTW, what happens when our supply chains are efficient but not redundant and something interferes with those supply chains?
@TiburonCap20 күн бұрын
They never adjusted for those who left the workforce and no longer are seeking jobs either. I don’t know what type of economists the government uses but damn if it wasn’t for the FED this shit would’ve never gotten this way.
@dalehodges536220 күн бұрын
Everybody will grow their own food by 2028 and the world is happy about it. ❤
@JoyTerryLee19 күн бұрын
With what seeds ? Who ownes the seeds and soil ?
@michaellalanae722820 күн бұрын
Time to rethink food production and grow inside warehouses like commercial property that are vacant .ny,ect.
@moseybear20 күн бұрын
"Why the Future Doesn't Need Us" --- WIRED magazine cover article (circa 2015)
@volvojohn903617 күн бұрын
ALL GOVERNMENT NEEDS TO STAY OUT OF BUSINESS. For instance, why are cities building NFL stadiums?
@TheSapphireSprit20 күн бұрын
So good to know the executives will be spared….
@Drone-h2i20 күн бұрын
my anectdotal evidence about what might be happening is at the grocery store seeing all these chicken cuts being marked down because nobody bought them at the current prices. That food will be likely thrown away. If costs go up beyond what can be passed on to the customer it can hurt the bottom line of these companies. If so many customers lose their jobs they cannot afford to buy the products, it will get worse.
@wendyshapiro47420 күн бұрын
Thanks!
@realestatemindset20 күн бұрын
Wendy!!!! Thank you. We are coming back out to NC and Tennessee!
@heerkrupp6417 күн бұрын
I worked for them in the mid 80's, they had a plant in Melbourne Australia, I think they still do, Vegetable oil processing plant, all the tools were brass, didn't want a spark to upset things all of a sudden. Looks like a few sparks are going to fly now, with what is going on, not good.
@rebekahelbourn376320 күн бұрын
Truth
@DrEvil81419 күн бұрын
We love you Mitch
@eemer243720 күн бұрын
The solution to higher prices is higher prices. It’s working, but pain comes with it. Get ready this is just the top of the iceberg.
@Nystromj120 күн бұрын
Food production, crop disasters, are way up worldwide. Extreme weather events ,hail, flooding, drought, are taking a toll ...
@nobodynever788420 күн бұрын
that would mean there is higher demand for cargill seeds, as you need to make up for the loss.
@christinavance112820 күн бұрын
It’s governments that are trying to close down farmers have you not been paying attention for the last 4 years
@cheryljohnson38020 күн бұрын
Extreme weather manufacturing. No weather is NORMAL anymore.
@lynnhoffmann24720 күн бұрын
@@nobodynever7884It depends on the timing of the disaster. Often it’s too late to replant.
@chrisjudy408820 күн бұрын
Look up weather modification. One of our senators is dropping a bill that weather modification be banned in our state.
@SmallWonda20 күн бұрын
Nice one - Good luck with your trip back to NC - they have snow, I see, so protection from the cold - and they still have issues with lack of safe running water - testing seems to be important...
@TMendocino20 күн бұрын
THE GREAT TRUMP MEGA MAGA DEPRESSION has officially started! 🍿🍿🍿🍿🍿🍿🍿
@emberscott20 күн бұрын
Patience.
@maturbo44120 күн бұрын
Go look at the family that owns Cargill. Rothchilds Dynasty
@missylearned982119 күн бұрын
Your videos from November 12 and November 16 with Lacey need to be removed if you expect to stay credible. She’s a scammer and if people are sending her money thinking they’re helping the people in WNC, it’s likely the people of WNC will never see a dime of help. Please look into it.
@realestatemindset19 күн бұрын
I have. Aero lied and will be dealt with
@cathyneu778319 күн бұрын
Pure evil 👿
@Annajsee20 күн бұрын
Mitch ❤
@mzritamarie435719 күн бұрын
Don't throw away the cardboard! For people in tents, put a tarp down, cardboard fashioned with duck tape, tarp over that, then the tent. The ground saps heat out. This will help. In the spring, you can layer cardboard over a garden you are making to stop the weeds, then dirt on top before you plant. Just make sure there is no plastic on the cardboard. As cardboard rots, it attracts worms. Please pass this information on to churches, etc. They have mountains of cardboard boxes they are throwing away. 1
@markcotter235520 күн бұрын
BoNkErS!!
@edwardsteinmetz-gl3zl20 күн бұрын
For the algorithm. BONKERS. The pain has just started.
@gabrielmizrachi982620 күн бұрын
Good job guys!!!
@Mixednuts220 күн бұрын
Mitch is A National treasure
@kaswdc18 күн бұрын
Most large companies lay off at the end of the year. 5-10%. This is “normal” bad corporate behavior
@mikedavison431319 күн бұрын
Employment revised down????? WTF!!! Why is the government even using "estimates" when reporting new jobs. They should only report actuals. Also the reporting of new jobs should be based only increases in the number of unique taxpayers getting tax taken out of their pay for that month.
@almdrs20 күн бұрын
Hmmm... Let me think... Cargill is in the agriculture business... China stopped buying food from the US... Hmmm... I see no connection.
@thomaskauser897820 күн бұрын
The recent jobs revision was - 880k but the last part of WSJ article said -963k? What's up with the two different numbers? They just bullshitted the number again?
@l.a.mottern310620 күн бұрын
Solyndra was the Obama era "green company" disaster. A $535,000,000,000 Dollar loss to USA Taxpayers & thus an Increase in the National Debt by that amount.
@larryshaw172220 күн бұрын
It is the company fault. They are private so they could keep those employees and cut profits. God forbid the greedy executives would care about anyone but themselves
@thomaskauser897820 күн бұрын
Layoffs come from future sales forecasts and not last years bonus payouts?
@thomaskauser897820 күн бұрын
Culled most of the cattle herds in the last couple of seasons! Last year Kansas roads were full of car and cattle haulers?
@Airbender-kl7cu19 күн бұрын
Just think, once Trump's Tarrifs kick-in the cost of everything Even auto tires, auto parts, clothing, literally everything in Walmart, Homedepot, & Lowes will jump overnight, things will get much worse after Jan 15th 😢
@CrankyOldLandlord19 күн бұрын
You mean like how it happened the last time he imposed tariffs? Oh wait. 🙄 She lost. Deal with it.
@BIgBass25519 күн бұрын
The Government is the reason the stock market is at all time highs.
@anomaly299020 күн бұрын
Happy itisWhatitis Wednesday.
@puggychu20 күн бұрын
Meanwhile, Walmart, Costco, markets are booming with parking lot jammed pack of cars that shoppers can't even get inside.
@BabsKaz19 күн бұрын
Morons
@scottsnyder272620 күн бұрын
Sorry had to stop watching after hearing country’s government throttling their business. Cargill has been accused of some of the worse abuses of child trafficking and slavery, mass deforestation, environmental devastation, etc. There has been a concerted effort by China and India to move away from US agricultural imports resourcing to other BRICS countries, especially Brazil. Brazil and Argentina have been rapidly cultivating millions of acres of crop land resulting in surpluses of some commodities. Consequently, US agricultural grain prices have been in decline.
@seaneendelong806519 күн бұрын
Add to this accurate statement that they are struggling to get their hands on fertilizer ingredients. For exactly the same reasons. So you cannot sell what you cannot make or even purchase and resell.
@trinidad11120 күн бұрын
it's connected and done on purpose. no other way to makes sense of it
@thomaskauser897820 күн бұрын
When you can't buyback shares to fudge earnings everything falls to salaries sitting at 50% of liabilities?
@thomaskauser897820 күн бұрын
Fulfillment centers are replacing the revolving door with an exit only sign! And we are barely 100 hours from the real black Friday day day? Thanksgiving a week before Halloween?
@peggypasson879420 күн бұрын
Let it begin .....
@wendyshapiro47420 күн бұрын
France farmers protest is madness anarchy
@Mixednuts220 күн бұрын
10% for the big guy. Right Rivian???
@stevethomas5209Сағат бұрын
I think the American consumer is also wishing up about seed oils and high fructose in the food supply and cutting it out of their diet. Hence, farmers not doing as well also in addition to the carbon bs.
@JoeGarcia-cg1pp20 күн бұрын
Trump needs to ban AI and protect jobs
@BabsKaz19 күн бұрын
😅😂. Leon bought himself a president.
@JohnBerry-z7o20 күн бұрын
You misspoke on the title. It should read The main driver of obesity and cancer is laying off its minions !
@scott949420 күн бұрын
If you lose your job to a robot the company that made them should compensate
@EdwinWeaver-up3pt18 күн бұрын
EVERY MONTH A JOBS REPORT COMES OUT AND I HAVE LISTEN TO THAT AND THERE REVISIONS FOR YEARS. NO DETAILS ARE GIVEN ABOUT SAID JOBS AT ALL JUST HOW MANY. I MAINTAIN TELLING ME HOW MANY AND NOTHING ELSE TELLS ME NOTHING.{ WHITE COLLAR JOBS, BLUE COLLAR JOBS, $ PER HR }
@thomashunter333620 күн бұрын
Not like in 1976. Conrail. Government got completly paid back
@leonaowen923420 күн бұрын
With so many companies laying off why are there so many channels telling of make money from home on line jobs?
@mikefulp120 күн бұрын
Simple they are lying. There are millions of scammers and Ponzi schemes. Need to watch Podcast Financial Audit - Influencers, OF, etc - most are making nothing.
@belindamurel129220 күн бұрын
Scammers
@NoTrashInHeaven20 күн бұрын
The Lord's blessing is on those who do justly, love mercy, and walk humbly with Him Micah 6:8 🙏
@MikeKelsoJr19 күн бұрын
Ran off my job !? It’s amazing how these employers try to harass you and mistreat you to get mad and quit so you can’t get unemployment even when they know your sick from there mold in the place when people are getting sick !?