🚨DESTRUCTION OF U.S. MIDDLE CLASS: Home Affordability in the US Sinks to Lowest Point Since 2007

[@lenapetrova]

Thanks for watching! Follow on X(Twitter): twitter.com/Lena_PetrovaOnX, Rumble:rumble.com/c/LenaPetrova and Substack: lenapetrova.substack.com/ stay updated! My second KZbin channel: www.youtube.com/@lenapetrovaCPA

[@stanleydolan5609]

Thanks, bad news reports by someone looking good is something.

[@PremSteve-yg4de]

Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

[@valeriepierre9778]

If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.

[@bernisejedeon5888]

Anticipate rising home prices due to inflation, potential economic fluctuations, and Federal Reserve actions, emphasizing the need for expert financial advice amid uncertainties.

[@edelineguillet2121]

my partner’s been considering going the same route, could you share more info please on the advisor that guides you.

[@bernisejedeon5888]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Sharon Marissa Wolfe” and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@belobelonce35]

Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks

[@anasmoukrim1352]

Hold US officials, The central Bank and the Federal Reserve accountable for treason.

[@myresponsesarelimited7895]

You can't, they rigged the justice system too.

[@myresponsesarelimited7895]

Nice thought though.

[@davidsummit9851]

Look at the Datta from the 60s to now. Stop a Boomer. Give a child a silver coin today.

[@jackduras6238]

including the AIPACK

[@JohnMoore-xf5wy]

HOW?

[@mw3516405]

Lena , Thats correct totally ! The Western countries are all in the same boat 🚢! Thank you ! Take care !!

[@oznews1]

Agreed 👍🏻✌🏻

[@basook6116]

Lena made good points.

[@WayOfHaQodesh]

Controlled demolition. This is all about the economic reset the worldwide oligarchic class are trying to usher in through World Economic Forum and Klaus Schwab & Co.

[@1rjona]

Western quality of life is unsustainable. The current working generation will never match what the Boomers had during the 80s and 90s when the rest of the world was poor

[@james6401]

Ireland is the same! Over half a million euros for a house if you can find a house. Average income must be 50k or less

[@thejaherath9665]

But US has lot of money for foreign wars.insane policy.

[@DaveBoswell-lz3kc]

And we've got billions to give to Zelensky and Israel

[@rsuriyop]

Well it’s pretty obvious that the US cares more about maintaining its hegemony than about its own people.

[@piecustard2114]

Printing dept money that why American have to pay it back

[@kentriat2426]

No it dose-not have money for wars let alone building weapons and ammunition. It is all done on borrowed money through sale of treasury notes or bonds. So what the giver says its spending is normally almost twice as much when interest payments are added to the borrowed money.

[@alibarber57]

It's debt..not money

[@Elemenopi205]

Lena it’s the same in Australia!! The middle class that has always propped up the economy is slowly deteriorating. It’s just greed from banking, property developers and governments that’s too lazy to correct it because they are complicit!!!

[@roblin6659]

The government are part of the greedy group

[@arouse6140]

🎯 You nailed it

[@brianlowe3529]

But they got. Money for nukes subs .

[@jkmarshall3553]

But, but, but... more immigration should help... right?

[@oznews1]

@@Elemenopi205 bloody oath mate✌🏻👍🏻

[@Bunnydrille]

If anything, it's likely to get worse. Affordable housing will soon become unaffordable. Therefore, I advise taking action now because today's prices will seem like bargains tomorrow. Until the Fed takes more decisive action, I expect we will see hysteria due to rampant inflation. You can't just halfway rip the band-aid off.

[@Duttonmuffins]

I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!

[@Madridstrat]

Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

[@JesseMayhill]

Do you mind sharing info on the adviser who assisted you?

[@Madridstrat]

Melissa Elise Robinson is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@JesseMayhill]

Wow, her track record looks really good from what I found online.i just searched her name and messaged her and I also scheduled a call with her

[@stanendo3537]

😊 USA is about number 35 in international scholastic competition. We need better parents, teachers, instructors, professors, etc., USA is the best in smoking, drinking, drugs, and other immoral and unethical behaviors. USA’s physical, mental, emotional and spiritual health is declining.

[@daleolson3506]

Our teachers teach it’s ok to be queer everything else who cares?

[@rogerblakely8462]

Best or worst?

[@jkmarshall3553]

Don't forget the USA is best in "Stupid". In fact, I saw plenty of it on parade just today!

[@fongcheongyat1446]

The US is best at creating money out of thin air, like printing of money and crypto

[@Martin_Priesthood]

😢😢😢

[@philiptan2051]

Wow, the empire is sinking fast in the quicksand, just as prophesied.

[@johnrdunbar]

All planned and intentional

[@betterlife3574]

You'll own nothing, and you'll be happy.

[@jasintosamora5599]

WEF, looking out for your happiness.​@@betterlife3574

[@geoffreyfox7618]

The middle class, in New Zealand, has been non-existent for the past 20 years

[@brianlowe3529]

And baldy says we support USA world order. While China has to bail out a dairy company . Don’t bite the hand that feeds you .

[@brianlowe3529]

And baldy. Supports USA world order . While China bails out a dairy company . No wonder you are broke .

[@myresponsesarelimited7895]

True bro, Rogernomics fed us to the u.s. These days there's the working class, upper class and elites. Many in the working class consider themselves middle upper class by the old metrics, this is a problem because people vote in what they see as their financial interest, they simp for national believing they're in the club. Labour isn't any better and all parties will run the neolibral economic ideology that got us here to begin with. It's a vicious circle Lange opted us into long ago.

[@davidsummit9851]

Give a child a silver coin today

[@myresponsesarelimited7895]

@@davidsummit9851 ...and still- "a little girl waits."

[@alexanderpo185]

" Send billions of dollars oversea to wage war".... tell it all about the sorry state of America!!!

[@jacquelineperet6599]

💯✅️💯✅️

[@graveurgraveur2691]

The problem is increasing greed and corruption!

[@QuilishWammy]

Both of those things are cornerstones of 'free market capitalism' 😉 Are you saying that you don't like capitalism ?

[@tonistojcev6281]

New American dream is leaving America. If this continues you’ll see most people that came from other countries they will be leaving.

[@DaveBoswell-lz3kc]

There are Americans leaving at least those that can afford to and some migrants have gone back to their homeland

[@hollymartin3291]

Yep, I left in 2023

[@sirpaautio3829]

Where would one go?

[@markphillips9822]

I was born in the US and seriously thinking of leaving.

[@jamescalifornia2964]

​@@hollymartin3291 ~ My neighbor retired in Portugal 🇵🇹

[@hsiaoguh2232]

Statistics don’t lie; politicians do. Would there be an uprising? Thank you, Lena.

[@myresponsesarelimited7895]

Historically speaking this sht always ends in cake, and pitchforks.

[@glennkemp7450]

Definitely unaffordable for a middle class family in Canada.

[@basook6116]

do to US Govt. over spending in funding endless wars, thus creating high inflation, that kills U.S. MIDDLE CLASS. also, with high debt, and tariffs on Americans, they will face low standard of living. on job report, there are more part time jobs than FULL time jobs

[@bassmanjr100]

The over spending isn't just war. It is in every department. Every dollar the government spends is a dollar that is not freely and voluntarily spent by a citizen.

[@basook6116]

@@bassmanjr100 you are correct... if inter-governmental department need money, they borrow from educational, SSA Trust Fund, Medicare, ect.. and replace it with IOUs

[@stanleydolan5609]

Well with Dems pushing Covid lockdowns and Joe going print crazy, when they practice never let them up rule , they’re just picking the looser and billing us for it. Not even mentioned the Trumps tax breaks expires at the end of this year. If Dems win you think they’re gonna continue it? Seriously the party logo, pain, suffering, and never ending sacrifice.

[@ahchoooo]

The worst is yet to come😱

[@drakan5468]

you bet

[@АндрейАнисимов-в7ь]

Greetings from Russia! We have made great changes for the better, and we are very grateful to you for that. We are very glad and happy.

[@scottteer8776]

Lena I listen to your post everyday that you put them out and just wanted to say that not only are obviously intelligent but the type content that you report on is what the American people need to be aware of. We Americans have been blinded by sports, entertainment, news propaganda, self indulgence and rights activists. Many of the topics you report on I’m already aware of but the depth of research and facts you present are spectacular. Keep putting it out there, maybe some will wake up if it’s not already too late and I don’t believe it is! It is on my agenda to become a supporter of yours soon because YOUR worth it.

[@ronaldphoong]

Looks like the US is heading to be like the RoboCop movies.

[@DaveBoswell-lz3kc]

Has been for a long time

[@Whilewearestillhere]

It's more like the American Nightmare😢

[@xanderp3325]

Housing your family is insanely expensive and now its a crime to sleep in the open.

[@jerylthorp456]

Two tier society is fast approaching - those that have and those who have not. 😂

[@Jellybean-gz4cj]

The 2-tier society is here. The signs and symptoms of this are in plain sight. Crime, homelessness.

[@pwrighter]

This problem is widespread in the west ever since the 1980s when governments deregulated the banking system and the cash flowed. Double income households helped bid up the price of housing and if you didn’t get in early you were stuffed. Governments were told to get out of providing housing to low income groups who now live in tents. Time for some big changes.

[@askyalumumba3573]

Blame it on greed and corrupt politicians.

[@adambeauchamp970]

Insurance costs just miraculously gone up as well as insurance just outright refusing coverage. Powell said with a straight face there will be more bank failures and problems. Right on schedule...

[@Bill_Woo]

Actually I contend that the insurance rises simply reflect the ACTUAL cost of goods increases - as opposed to Washington's laughably fiction CPI. But people recite and repeat the CPI as though it's actually true. You can fool some of the people all of the time.

[@patricia_nura3378]

Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

[@debroahmorrow5919]

With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.

[@leonardives1991]

With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.

[@WEi45635]

this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@leonardives1991]

Jennafer Beaver Turner is the licensed advisor I use. Just research the name. You'd find necessary details to work with to set up an appointment

[@WEi45635]

Thanks, I looked her up on Google and was very impressed by her credentials. I reached out because I need all the help I can get. I've scheduled a phone call with her.

[@ElijahLucas-cc5fg]

*Larry Burkett's book on "Giving and Tithing" drew me closer to God and helped my spirituality. 2020 was a year I literally lived it. I cashed in my life savings and gave it all away. My total giving amounted to 40,000 dollars. Everyone thought I was delusional. Today, 1 receive 85,000 dollars every two months. I have a property in Calabasas, CA, and travel a lot. God has promoted me more than once and opened doors for me to live beyond my dreams. God kept to his promises to and for me*

[@Ryancooke763]

There's wonder working power in following Kingdom principles on giving and tithing. Hallelujah!

[@SteveTom-cu5lj]

But then, how do you get all that in that period of time? What is it you do please, mind sharing?

[@ElijahLucas-cc5fg]

It is the digital market. That's been the secret to this wealth transfer. A lot of folks in the US and abroad are getting so much from it, God has been good to my household Thank you Jesus

[@ElijahLucas-cc5fg]

Big thanks to Ms. Chisty Fiore❤️✨💯May God bless Christy Fiore services,she have changed thousands of lives globally

[@GodSent559]

How can I start this digital market, any guidelines and how can I reach out to her?

[@khalidkiwirra6344]

Stop militarisation and division of society, focus should be on quality of life🏆🥇🌺

[@rudymartinez7441]

The millionaires will be the new middle-class people

[@oldskoolmusicnostalgia]

Yes, 2% of the population will be middle class and 1% upper 🤣

[@ricardoavilapaulette7060]

Thanks for the update. I have been following this channel for more than a year ago, and my experience is that the information and analysis brought by it is always ahead of events. Something to be thankful for.

[@ddprepper5227]

Lena please run for President we need you 🙏🙏🙏🙏🙏😊🎉❤

[@colinkhalid1]

Same thing happening in UK

[@RichardBrett899]

Canada is no longer a place to live. Mortgages and rents account for 75% of an average household incomes. A typical home is >$750,000 to $1.25 millions while Canadians earn ~$17 per hour. Groceries have increased by more 20% since 2023.

[@Barbara-jn2gw]

@@RichardBrett899 😥

[@46magno]

THANK YOU! After your explanation,who can deny the numbers? Is sad to be forced to switch from the American dream to the American nightmare.

[@ameenahameed8874]

The thing is some Americans never had access to the American dream. The nightmare will now be experienced by some of those who never have. Either way - it’s not good and the government and country, if run differently, could avoid or at the very least slow down some of these issues. Our government hasn’t even acknowledged that we have a problem.

[@horridohobbies]

If you can't afford to rent, then you live on the street, or you couch-surf. That's why you see so many homeless encampments in major US urban centers.

[@GraceCanadaful]

Time to say no! Time to say NO!

[@SamMiller-x4f]

It's Triffin's Dilemma! The middle class has been moved to the "BRIC's & Global South.

[@paulcrafft1250]

The tax cuts for the rich and private corporations resulted in their total ascendancy. The human being will take advantage of any opening in society and our culture here has resulted in the winner take all tailspin wherein we can't extricate ourselves.

[@Joe-m7u]

It's over for the west 😢

[@mikealdag7309]

100 % correct , I live in Athens ga, USA, people were happy to pay 450k for a house worth 150k a few years ago , during covid/ house shortage .. now it's still high , and people really can't afford houses , just stuck with the crazy mortgage they have , taxes were raised dramatically , my county has 87k homes , 3k fought the tax increase ! how sad is that ! it is the people's fault for allowing this , and buying in this crazy time. channels have been promoting paying off your debts and owning your home or property , I was fortunate , I listened , I'm just very sad and concerned for folks around me

[@RussCR5187]

Corporations will be buying up the coming foreclosed houses and renting them back to people. You will own nothing ...

[@easternrazor3749]

Capitalist system is predatory.

[@JustMe3.1415]

Great episode. The same in Sweden. Co-living is becoming a norm, even in small apartment’s. Also the destruction of the public services. Sweden is going in the same footsteps that you are describing in this episode. You should cover this more.

[@davidronin1536]

Thank you for being so straightforward.

[@lets_discuss5352]

When you keep printing money, it ends up being that more money is chasing less amount of available goods. Laws of economics; supply and demand.

[@marklee2508]

@@lets_discuss5352 There's another factor they forgot to add. Too few having too much, and a country the size of the US that decreases opportunity, plus the fact that those few people can afford lobbyists, but not a wage to pay for 'the laws' that they bought. And import labor to export 'remittances', and 'offshore' 'business profits' to 'tax heaven' somewhere off the mainland. 'Supply-side' 'economics', $35,000,000,000,000 in red ink, so far.

[@lets_discuss5352]

@@marklee2508 Someone very rightly pointed out the other day to me that we fought to get independence from the British landlords and elites, and now we're subservient to the technology and business landlords who own this country. Made complete sense, and aligns with what you're stating.

[@jaytan915]

It is strange that we commonly measure inflation by consumer prices only while ignoring asset inflation and tax increases. If we take prices of everything into account then QE would be inflationary when stocks and bonds rise. Even if we assume that most people don't own assets and only buy stuff to stay alive, consumer and asset inflation overlap in home prices which lead to the current situation in most western societies, you mentioned. Back to the drawing board.

[@cristobalvalladares973]

Black rock needs to de monopolized.

[@alertbox]

Agreed, assets confiscated by government.

[@johnroberts3824]

The interesting part is that a 7% mortgage rate is not really all that bad. The fact that it makes housing unaffordable illustrates just how much housing prices have outstripped income levels. New housing is nothing like it was in the past. I've lived in mature neighborhoods where there were lots of smaller houses. Today, developers focus on building large expensive houses in order to maximize profits. Building truly "affordable housing" has become obsolete.

[@darinthesecularspiritualist]

I am a recovering alcoholic. My sobriety started when I realized I lost control. Earthlings can do anything desired thru love and truth. We must accept the truth then recovery begins

[@silenciothequiet3471]

Well done sir. 👍

[@mapfeu]

Gosh! How you 're spot on with every point of your analyses! Thank you!

[@ltribley]

Wish you had included the decline of life expectancy in the US by 2+ years between the Trump and Biden administrations.

[@dennispack4119]

It went down before Biden as well ... been on the decline for decades.

[@goldeneggduck]

Yes. EXPLOIT is the word!🙏

[@dayveda3736]

The greed and envy in human nature got us here. 💩🧠🎭🤺

[@johnweber6612]

the government got us here

[@PistisElyion]

Thanks Lena for always keeping us up to date on economics

[@AzzekaTheRealOne]

I see civil war any day now

[@ZincFold]

The new American dream will be to leave.

[@davidbooyer4851]

The man on the street has forgotten or never learned who is in charge of America. It’s been along time coming for Americans to understand our Constitution! It’s We The People! Not we the government!! What did former President Reagan say! I’m from the government and I’m here to help. We don’t need anymore help from our government!!!

[@jimle2078]

Private equity is to blame. Rein them in. Ari

[@jamesnowasassen7447]

Great , but, the question is,... what is the fix , what is there to do to improve the living ?

[@hemlo7494]

Vote better and voice your concerns to elected representatives, frequently.

[@janiceolds8852]

The Middle Class is/has always been the Backbone of a Healthy Country.

[@johnrdunbar]

And in Texas, we have to pay rent (property tax) that's equal to renters payments

[@jsikes4435]

Yeah it’s property tax that I feel. Greedy bastards

[@fdderi]

I think property tax and power is where they will "kill" house owners with in the end, combine with inflation. Water in and out in Norway has sky rocket also. What's the point in owning, when you in realty is renting..? and again that is exactly what Klaus wants us to think, then you end up selling, and that house end up in hands of a big renting company.. give it 5-6 years

[@faizalmacho8960]

WHAT HAPPENED TO THE GREAT AMERICA AND GREAT BRITAIN??? EVERYTHING GOES UP, WILL FALL IN DOWN PERIODS. LAW OF NATURE.

[@bertanelson8062]

Especially when built on imperialism, racism & f-a-cism.

[@stevestojanovich3105]

we are heading into economic depression. Housing prices will fall quite a bit.

[@johnhector4207]

Excellent report Lena. Were sending billions and billions to war torn far away foreign countries while the impoverishment of Americans continues at record pace! 😫😖

[@dennispack4119]

80% of what is "sent away" simply ends up in the bank accounts of the military-industrial-political complex.

[@gautamsinha5998]

This was something the leftists had always said will happen in unregulated capitalism, the profit making will only benefit owners so middle class will eventually lapse into the poor. The whole reason for keeping democracy is that leaders will take care of regulations and balance things but they seem to have more loyalty for funders instead of voters

[@RussCR5187]

In other words, they are "bought puppets".

[@Bia82Bia]

How has that worked out? Because everyone knows it's getting worse and worse and the democrats have been in power for the longest time combined. 😅

[@ameenahameed8874]

It’s not just a left issue. The right wants less government involvement I highly doubt they want capitalism regulated. This problem involves both parties and the way the country operates.

[@Barbara-jn2gw]

less government except when it comes to regulating women's reproductive rights

[@alexanderpo185]

@@gautamsinha5998 "profit making will only benefit owners" .. owners of shares in Military Industrial Complex companies!!

[@rwksasc]

You chose your politicians, remember? Model of democracy you try to impose on the rest of the world, remember? So who are you going to blame?

[@icu64x]

like there is much of a choice

[@sliekerstar]

This is the plan of the bourgeois, surprise!

[@michaelholt7994]

Hi lena,watched a single guy on a blog yesterday, he had his monthly shopping bill when Biden first got in office,it was $145 dollars,he showed his current bill for the same items....it was $414 dollars.almost quadrupled.

[@mosesgomez7621]

I just went back to poor class but I reached lower middle class after decades on poor class status and now I am back worse than when I started . No more crappy married life . Time for my life to be enjoyed .

[@dennisduran1371]

When will people wake up?

[@eastvantony]

Thanks Lena!

[@thesurvivalist.]

insurance is skyrocketing, or just being cancelled by the insurance companies. People paid on time for 20 years, are now being forced to try and find another insurance company at a far greate price.

[@patrickspellman5397]

House prices have been high for a long time and out of reach for many.

[@vaska1999]

In Ontario, Canada, houses selling for under $1 million are considered starter homes. Rents, in towns and cities of over 200,000, are so high that young people are sharing apartments with strangers in order to be able to afford shelter (living 5-6 in 2-3 bedroom apartments). A few months ago, our intelligence services submitted a report to our government, warning of social unrest in the coming 5 years or so due to high costs of living and especially high costs of housing. The report assesses that the majority of Canadian youth will never own a home of their own.

[@KDrake-nm3pm]

Well said, spot on.

[@clownworld33]

If workers have no incentive to work hard to save for house they will do the bare minimum to get by and look to the government to feed them.

[@pauldeal547]

Another set of astute observations from Lena. Thank you!

[@webersteve1547]

But doesn't this mean that the prices for houses should fall soon? When nobody can afford them?

[@ddprepper5227]

Hope you have a great 4th of July 🎉💐 Thumbs up 👍👍👍👍👍👍😎😎

[@louissartor6294]

In 1993 my wife and i purchased a modest house in Atlanta for $82K. A starter home. Last year it sold for %675K. Improvements have been made over the years but it’s still a ranch. Yikes. Why anyone who is under 40 would vote for candidates in the two major parties is pretty amazing since both seem more interested in sending American dollars to Israel, Ukraine and Taiwan, and of course the military corporations. Biden is a walking corpse and Trump’s America First morphed into Israel First. RFKJr is just as terrible when it comes to Israel. Maybe it really is all about the Benjamin’s.

[@bungkusi2432]

It's all started with Ronald Reagen supported by the. .....

[@csravikumar9171]

Madam your US govt working for billioners

[@rosebudwhite3962]

All By Design!!😡😡👿

[@Jay...777]

Ever increasing economic rent applied to households, is the reason why most are getting poorer. We see from history rentier oligarchs always go this way. Monopolies & Banks generate the biggest rents. You will own nothing & be very very unhappy.

[@Martin_Priesthood]

Very true they have succeeded destroying that important part of any society

[@5Rays]

Apparently, the countryside is being neglected to make people live in city hi-rise apartments or suburbs and to monitor them.

[@elyon9329]

This has been foretold! All is unfolding as Noble Drew Ali predicted back in the 1920’s. Keep playing rich!

[@caldogrun]

Lena is one of the best economic journalists out there! Thank you, Lena!

[@daveh5947]

America never went home after WW2. Illegal War after War after War, these cost Money. It's almost 80 years (79!) since WW2 ended, how much has America spent, including Pensions on Military in those years? Agriculture... Look at Crop Growing, more and more Ground Water being pumped out of Ground and Soil crumbling Not sure if you watch BEN NORTON, he released a great Video yesterday about Chinese System and how their Economy works.

[@wadslong]

I am paying 1800 every month for one bedroom

[@ricardopescador4971]

Why do these gangsters continue to lie to the general public? Fortunately, some of us can see the grim reality by listening to responsable a service-driven citizens like Miss Lena.

[@kennedy6618]

Robin Hood steals from the rich and gives to the poor. Uncle Sam steals from the poor and gives to the rich. ...What a contrast of kindness!

[@ismaelhotero1979]

Totally agree with this report and its conclusions.

[@Dave-Huston-Dublin]

Excellent clarity as always, Thank You.

[@stefanschouteden5196]

This is expected from a nation, like the US, that believes their national security depends on bullying and interfering with other nations. I live in SAfrica, have affordable shelter and am not starving. Shows you that NOT wasting money on useless, violent, evil, ancient and corrupt politicians, selected by money, rather than people, supported be an overrrated and a hugely expensive destructive military force can be a precondition for living a normal life.

[@RobertJones-oc6om]

The world corruption is disgusting for all the criminals that have done this to normal every day hard-working people may your days be numbered and I’m not wishing you have pride

[@mijmijrm]

for some, what is considered corruption, is for others an ideological "ism" to be achieved.

[@oznews1]

@@RobertJones-oc6om remember the old question😉If you could have a super power what would it be? Ability to make humanity feel the displeasure we cause each other. So many frowns now a days👍🏻✌🏻

[@greetandries99]

All wars have taken the taxes that should have been spent on their own citizens

[@markmccormack1796]

I was told it is a me problem. I don't make enough money. I don't have a big money side hustle. I don't make billions grifting.

[@padraigohorgain9439]

Brilliant analysis,simple and to the point.A joy to listen to such an explanation.

[@alfred-vz8ti]

the lack of democracy limits effective responce to armed rebellion. 'vote the rascals out only works when some party are not rascals too.' democracy has many virtues, but when a nation is peopled by slaves, there can be no democracy.

[@marcbergeron-gx8bx]

It was planned by the Oligarchy!...