Debt Collections EXPLODE AS MORE PEOPLE DEFAULT! kzbin.info/www/bejne/mnemYWZ5Zpd_b68
@AliasHSWАй бұрын
Recognize it is SF in the thumbnail and the first second into the video! You’re on Anza.
@brandoninhofer6592Ай бұрын
The same people who say, "This is the best economy we've seen" are the same ones who said, "This is the best version of Bi den we've seen."
@aymanhawari2589Ай бұрын
rates need to go up not down
@kathyschlect4852Ай бұрын
Thanks for making your video TODAY. Glad you got to visit San Francisco. This way you get to see your fan base in California you’re a Rock Star..!!!
@1weatherhamАй бұрын
Your wife should be in this video... she is the perfect "Flower Child"....🎉😊
@michaelschiemer3Ай бұрын
The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?
@RachadrianАй бұрын
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
@Dantursi1Ай бұрын
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
@CindyValentiАй бұрын
impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now
@Dantursi1Ай бұрын
Annette Christine Conte 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.
@CindyValentiАй бұрын
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip
@SeanTalkoffАй бұрын
Wow, another rate cut? Just when I thought my emergency fund of 234k was safely sitting pretty, now I'm tempted to dive into the inves tment pool. But where do I even start? Anyone else feeling the itch to make their money work harder?
@mikey43221Ай бұрын
navigating market volatility can be challenging, it might be beneficial consulting with an advisor to provide personalized insights based on your specific situation and financial position
@SteveDutton-vАй бұрын
No doubt, getting proper financial advice is invaluable, my port folio is well-matched for every season of the market and just yielded 120% from early last year. I and my advisor are working on a 7 figure ballpark goal, tho this could take another year.
@tmer831Ай бұрын
How can I reach this advisers of yours? because I'm seeking for a more effective investment approach on my savings?
@SteveDutton-vАй бұрын
'Sharon Ann Meny' 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
@tmer831Ай бұрын
Just looked up Sharon after seeing your comment. She seems like exactly what I need to succeed in my financial journey. Thanks for the recommendation!
@Peterl4290Ай бұрын
What I don’t understand is, on one hand we are told the stock market will crash and yet on the other we are told ways of investing in the stock market. Oxymoron or paradox? I'm considering investing over 150k, but I'm uncertain about risk mitigation strategies.
@MrshusterАй бұрын
Not a great April so far but if you step back and actually look you will see the S&P 500 was up for the first Quarter. In the last 30 days, my IRA saw a gain of $70k. You might also consider financial advisory looking at your capital
@larrypaul-cw9nkАй бұрын
The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on ETFs and actively managed funds.
@sabastinenoahАй бұрын
I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advisor? I'll be happy to use some help.
@larrypaul-cw9nk21 күн бұрын
Annette Christine Conte 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...
@sabastinenoah21 күн бұрын
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
@oneillbilderАй бұрын
The continuously changing economic conditions in our society have made it necessary for thousands of peopleto find additional sources of income. Personally, I am looking at the stock market to fuel my retirement goal of $2m, my concern is the recent market crash.
@Martina-AlanАй бұрын
buying the dip has proven to be profitable although for majority, the solution to their problem can be found only in specialized knowledge hence they seek guidance from well experienced advisors
@DallisonScramosinАй бұрын
Agreed, despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k, and I've so far made a fortune. I'm now buying real estates, gold and silver as advised by my FA.
@EllenAbrexАй бұрын
truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
@DallisonScramosinАй 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.
@EllenAbrexАй 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
@redtiger7268Ай бұрын
Some of the people calling for a rate cut are also those that have demanded socialized losses and privatized gains.
@bobkent2334Ай бұрын
Sadly, a lot of the people demanding an interest rate cut only want it so they can borrow more money to go even deeper into debt.
@iworkout6912Ай бұрын
The old song 'One day older, and deeper in debt.'
@MarkShinnickАй бұрын
Perfectly said.
@hahamasalaАй бұрын
It's more like the wealthy want their stock portfolios to go up more.
@jurassicthunderАй бұрын
companies*
@Tripp216Ай бұрын
People wanna keep up with the joneses until they find out the joneses are broke as well
@freddyparra4880Ай бұрын
Lmao , true.
@tubenachosАй бұрын
😂😂😂❤
@KaliBahayKuboАй бұрын
"GENERATION JONESES" Hell yeah the best of the "BOOMERS".
@BREEZYM6015Ай бұрын
Now you tell me! 😂
@shiningunknown01Ай бұрын
The best explanation.
@dannyboii_repsАй бұрын
Corruption everywhere and we’re just here suffering. Nothing has changed
@everss02Ай бұрын
I need an emergency raise, not a loan
@jasonneugebauer5310Ай бұрын
Best comment I've seen today.
@patrickm6012Ай бұрын
Talk to your boss.
@thejuicerrАй бұрын
Your skills dictate your pay
@twobitsandpepper8235Ай бұрын
@@patrickm6012 They don't care, they're too busy giving huge sign on bonuses to illegals.
@thebadassofthewest602226 күн бұрын
@@patrickm6012Their excuse is they blame corporate for not giving you a raise.
@georgeallen7667Ай бұрын
They can lower the rate to zero..... I am NOT buying anything. Houses, cars, etc. Nothing!
@sandywest7664Ай бұрын
They can lower the rate to o% and the average worker still cannot afford these homes for 2-3-4-5 hundred thousand dollars. Most can't buy groceries and the government thinks they can buy a home, what a joke,maybe the millionaires can, but not the rest of us.
@joy4118Ай бұрын
That is the problem. The less than 1% has stolen pretty much everything and left 95% to fight for the crumbs in the USA.
@nicolasgirard2808Ай бұрын
Definitely not true, if mortgage rates returned to 3% then a 300k house is plenty affordable.
@ihunt12903Ай бұрын
@@nicolasgirard2808not that easy to find 300k house near a job that pays enough to afford that house .
@marcofluffАй бұрын
@nicolasgirard2808 then the 300k becomes 500k house
@stanmarcusgtvАй бұрын
lowering rates will make homes even more unaffordable for most
@taino1642Ай бұрын
1.6m and you still share a wall with a neighbor. No yard, no pool, no way
@HarrisonCountyStudioАй бұрын
Where I live, a 1.6 million dollar property would be 800 acres with free natural gas. I’m 3 hours south of Pittsburgh
@lawrenceteft7209Ай бұрын
Yea but you can tell by the red painted garages and doors your neighbors are Chinese so probably won’t have to listen to them playing rap music all night or harassing your kids.
@StrategikMediaАй бұрын
Welcome to S.F. that's luxury right there man!!!!
@occupytosavetheworldАй бұрын
@@HarrisonCountyStudioyeah, you get all of that because you have to tell people "I love 3 hours south of Pittsburgh" lmao
@alexeybazhukhin1786Ай бұрын
not 1.6, it was sold for 2.150, a tad more over asking price, I guess because nobody wanted it. and BTW typically those properties might have a very nice yard behind the house, I havent checked this one tho
@borlanderobertson5666Ай бұрын
No cuts will fix this mess. I think it will take a giant meteor to fix our economy 😢😢
@zachlafond2652Ай бұрын
see apophis. keep an eye on april of 2029
@lionesslisa8000Ай бұрын
I’m betting on Godzilla. ☺️
@eheheh3263Ай бұрын
@@zachlafond2652 the 18 year cycle
@borlanderobertson5666Ай бұрын
@AluraCreative lol FR FR
@johngund9921Ай бұрын
Yes, a meteor full of gold!
@cdjudd85Ай бұрын
The amount of gaslighting we deal with daily in this country is sickening.
@operationretribution1263Ай бұрын
If the rates get cut, there will be massive hyperinflation to the likes we've never seen.
@bpb5541Ай бұрын
Agree but may I add it will be at the time the economy is falling because folks can't afford anthing.. also know as Stagflation... Horrible.
@LonovavirАй бұрын
And to think, back in 2019 some people thought we were heading towards a new roaring 20s. Instead we went skipped to the late 70s.
@rockpadstudiosАй бұрын
I agree
@Horatio1886buildАй бұрын
@@rockpadstudiosyep, and just because some one offers you money at a lower rate doesn't mean you should run out and in debt yourself. Again!
@rockpadstudiosАй бұрын
@@Horatio1886build I've been saving since my early 40's after my divorce almost wiped me out. I did get super lucky to buy my house at 3% and at a good price. Nothing like my 1st house $48k and 7.5% interest.
@ThePerfectSeason1972Ай бұрын
Federal and Local Government officials need to take a 25% pay cut. Taxes need to be reduced by 35%.
@marblox9300Ай бұрын
Agreed, gov workers especially police and teachers get paid way too much.
@twobitsandpepper8235Ай бұрын
@@marblox9300 Yet they apparently can't afford anything. They keep raising the property taxes every damn year, yet no roads are being fixed and I still have to buy Kleenax's and all the things needed for the classroom and teacher rather than what my kid will use cuz they apparently "don't make enough".
@scottyoung148928 күн бұрын
UnFunded Pensions just in California is 250 Billion in the Red. Funded pensions is good, UnFunded pensions is criminal.
@josefj177626 күн бұрын
That sounds great we pay the highest taxes of every nation just 4% on 187,000
@rrssmooth6643Ай бұрын
Just love your videos, no nonsense, no music, no drone footage. Just plain information.👍👍👍👍
@kathyschlect4852Ай бұрын
No kidding
@funoh1Ай бұрын
Screaming for an emergency rate cut is like screaming for more skyrocketing inflation.
@JFEnterprizeАй бұрын
Like a hit of crack. They’ll scream for one more as the addiction gets deeper 😮😢
@mikesmith6461Ай бұрын
Bankers are always the problem
@TechnotranceismАй бұрын
Well, a typical strategy, is to fight inflation, by implementing inflation. Sounds like an oxymoron, but it does make sense.
@diegoharo7943Ай бұрын
The rate at which inflation increases had been decreasing since mid 2022. It’s now about 2.9% so it’s at what’s considered normal inflation rates (2-3%)
@diegoharo7943Ай бұрын
By how much do you think they will cut interest rates
@MM-kk8uhАй бұрын
The audacity of always wanting to win even at everyone else's expense is reprehensible.
@r1cburtonАй бұрын
That is the American way!
@Matt-iz8wfАй бұрын
What's good about already being poor is when it goes bad your life doesn't change much. Everybody else is running around freaking out they can't afford Starbucks.
@ildyivyАй бұрын
Yea the more u have to lose the more it will hurt.
@asullivan4047Ай бұрын
Who in their right mind deems star bucks a necessity-???🤔. Moron's not in their right state of mind-!!!😵. An initial investment will purchase needed items to make ones own star bucks coffee-!!!🤗
@danettewelborn5577Ай бұрын
True
@kathyschlect4852Ай бұрын
So true. But Starbucks customers are panic stricken.. don’t know what to do.. Drink more French Roast
@YMagouloАй бұрын
I paid six bucks for a cup of coffee today, not Starbucks, however I still feel like such a fool.
@davequige5732Ай бұрын
Let's face it, Americans have been spending way more then they earn and been getting a free ride with low interest rates, That's what's made inflation. Stop buying over priced cars, Have a budget on food cost. Pay off your dept! That's the answer to a better economy.
@DarkLensDiariesАй бұрын
True. Been through an airport lately? Every flight is packed. Families, wheelchairs, young, old. People are spending it up.
@twobitsandpepper8235Ай бұрын
People will keep paying no matter how expensive things like houses and cars get, because unfortunately they're stupid. I went to get school supplies for my kiddo today and counted probably 150 brand new cars on the way there and back. Don't expect prices to ever come down.
@deborahheckstall188129 күн бұрын
@@DarkLensDiariesMost people fly economy flights and look up discounts and have flyer miles that's how airlines stay in business.
@burmy1552Ай бұрын
Predictable gaslighting in an election year.
@patrickm6012Ай бұрын
Exactly
@diegoharo7943Ай бұрын
Other than inflation the economy is doing FAR FAR BETTER than when 45 left office
@deelehey2827Ай бұрын
Thank you for exposing this administration’s lies.
@manonmars2009Ай бұрын
I remember interest rates in the early 1980s were 21% for a 30 year mortgage. A bank CD paid 16%. That was a rough period of time. If you had money to invest in a CD and no mortgage, you made out like a bandit.
@ws775Ай бұрын
18% was the high point.
@patrickm6012Ай бұрын
The 80s were a bad time from a real estate perspective.
@marblox9300Ай бұрын
@@patrickm6012 But it kept prices low.!!!
@AshleysBallisticsАй бұрын
These people are literally begging to kick the can down the road! 🥴 Eventually the cans gonna hit the wall
@ihytvmАй бұрын
Yeah, but they just wanna buy time till Trump gets elected if he survives the next assassination attempts and their fake-ballot cheating scheme fails!
@xro1983Ай бұрын
The can has turned into a keg
@charlesmak534Ай бұрын
And then the foot kicking the can will also hit the wall.
@shaunpearce6846Ай бұрын
They'll do what they always do. Make our children pay for their losses while they run away with the profits.
@MeEncantaKileyАй бұрын
Eventually a bum comes a long and picks that can up and recycles it….
@kaputasriАй бұрын
Its about damn time people learned to live within their means like their great grandparents.
@tiffanygamingАй бұрын
We need an emergency groceries cut..even with low rates, we still can't afford to buy a home.
@walterp1028Ай бұрын
While I agree, grocery cuts would mean less for the farmer unless we have cuts across the board. Diesel price for running tractors, feed prices, fencing materials, are all sky high as well. Farmers are already going in the red all over the country.
@IncabАй бұрын
That just puts grocers out of business. Eliminate food tax if the state has one is about all you can do at the end of the chain. Energy costs affect food prices the most. Going green has always meant higher everything costs.
@TravelTechie415Ай бұрын
you will never be able to afford a home when the price is connected to a grift, than comps, Flippers asking 3x-5x from 3yrs ago. An economic down turn is much needed.
@d_all_inАй бұрын
I know this is a joke but the last thing we need is the government stepping in to control prices by law
@TravelTechie415Ай бұрын
@@d_all_in the government already imposes price control on some food and energy products, but nothing on housing, that's what we need - but won't happen - too many special interests at play
@geckster109Ай бұрын
Asking for rate cuts while complaining about inflation is like drinking sea water because you are thirsty.
@KorHiOfficialАй бұрын
💯 %
@eyesuckleАй бұрын
Ooooh. Nice analogy!
@diegoharo7943Ай бұрын
Inflation rate is 2.9%
@twobitsandpepper8235Ай бұрын
@@diegoharo7943 Not really, that is a lie.
@tammyturowski6703Ай бұрын
Ty cnn @@diegoharo7943
@haldriver1378Ай бұрын
We need an emergency HIKE.
@TheInternetComplaintDepartmentАй бұрын
I did the math in my "Poverty Pill" piece: if you're not making at least $60k a year in America, you cannot afford an apartment on your own. That's roughly %47 of America. That's also just breaking-even, not doing well. And when these companies take out loans to make payroll, they are robbing their employees via the inflation created by fractional reserve banking. This system is broken.
@thethoughtfulpeanut6662Ай бұрын
Yeah, I did that math and decided it makes more sense to live with my folks than rent a closet space for 2/3 of my monthly income. That's obscene. I'd rather bank the cash and be able to have a life (and a decent quality of life) outside of work. I've got no debt either. I choose to live within my actual means.
@prebenolsen8671Ай бұрын
@@thethoughtfulpeanut6662 This! It's insanity that a core family of 2+2 requires 3 homes. So that's 4 people enslaved in depth. Hope my kids see this and stay home and save up.
@Nativo2202Ай бұрын
I'm sure another bailout is on the way so CEO's get some more bonuses while everyone else is laid off
@kathyschlect4852Ай бұрын
Truer words never spoken. CEOs cut people’s jobs and boom another couple million increase in their salaries .
@twobitsandpepper8235Ай бұрын
Yep, that's another reason why there's no point in being loyal to your employer any more.
@UsefullinformationphilippinesАй бұрын
When the rumor of a rate cut came out the dollar fell 1.7% against the Philippine peso. This is instant inflation. Every time rates are cut the value of the dollar will plummet. Higher interest rates are not destroying America. Inflation is destroying America. Cutting interest rates will make everything much worse instantly.
@costcontrolaccounting4613Ай бұрын
There is no reason at all for an emergency rate cut, the Market is not a reason to do anything. Inflation, r4eal inflation, not the government edited and adjusted numbers are a lot closer to 6% than anyone seems to realize. The problem is the Government and the insane spending.
@warddcАй бұрын
There’s no reason for a rate cut. It should go up if anything. Banks need to pull back on credit as well.
@momomama2510Ай бұрын
If they do an emergency cut. It would 100% have the opposite effect and would actually crash the market for real.
@commonsense6967Ай бұрын
Nobody is screaming for a rate cut, because rate cuts add to inflation rate!😮 (DUH!)
@josefj177626 күн бұрын
You are correct inflation under Obama was 25% and under Trump they increased the rate and inflation his first month fell to 1%.
@gooserich3970Ай бұрын
That’s what’s wrong with America everyone wants a bailout when they don’t save their money…it’s like USA is a teenager it’s time to grow up and get it together…I say no cut.
@networth00Ай бұрын
I've been saying this my whole life.
@tommyebayАй бұрын
Well said....!!!
@codyeynon8467Ай бұрын
The Fed has already been quietly bailing out banks for over a year.
@IncabАй бұрын
And those of us who are savers have been screwed over hard the last decade with low interest rates. No cut is best moving forward.
@bradleycortright6210Ай бұрын
Time for people to be financially responsible,for once in their lives HELLO!!!
@steelisthemealАй бұрын
1.5 million to live right on top of my neighbors & only a 1 car garage 😂 Nope
@charlesmak534Ай бұрын
$50,000 a year in property taxes.... **passes out**
@IP0MonsturdАй бұрын
I paid $1900 last year in property taxes and thought that was highway robbery.
@networth00Ай бұрын
On my street in S Florida my neighbor pays just over $98k/year in property taxes. They paid $3m in 2023 then their house got reassessed at $5.1m. They also have several Lamborghinis, a Cyber, and several luxury cars... plus a big multi million $ yacht parked out back (we live on a canal). Property taxes on my house are $32k, insurance is $16k and we are moving out of the state in a few months. Their house is newer and 5200 sqft and mine is only 1400. I'm so over these high prices in Ft. Lauderdale.
@glenn5692Ай бұрын
I moved out of the country a year ago after 66 years im doing much better I became a rock you can't get TAXES OUT OF A 😊ROCK.
@wasidanatsali6374Ай бұрын
My property qualifies for a wildlife conservation tax break. I have 53 acres and as long as I don’t sell it or develop it my property taxes stay around $300. If I did sell or develop it within 10 years of when the tax break initiated, I’d have to pay all the back taxes at the regular rate. I always check for property tax breaks available in an area and challenge any new valuations. Most counties will knock some value off a new valuation just to keep people from complaining too much.
@codyolson170Ай бұрын
I wouldn't want to live in San Fransisco and would never pay that much for that house. People are leaving California in droves. 50k for taxes I would pass out too!!!
@queserasera1674Ай бұрын
Miomi was so sweet! Its so great to see such a kind smiling person.
@sugarlienАй бұрын
Japanese are sweet people.😊
@cmasters007Ай бұрын
Rates still need to go up !
@diegoharo7943Ай бұрын
Why?
@twobitsandpepper8235Ай бұрын
@@diegoharo7943 So people stop spending and we can get inflation under control.
@diegoharo7943Ай бұрын
@@twobitsandpepper8235 it is under control it’s been decreasing since 2022, right now it’s about 2.9#
@diegoharo7943Ай бұрын
@@twobitsandpepper8235 2.9%
@diegoharo7943Ай бұрын
@@twobitsandpepper8235 what most people don’t realize is that inflation is a normal constant, usually 2-3% and it’s cumulative
@sargepent9815Ай бұрын
The Fed has two choices, and both are bad; cut the rate, which will crash the market and cause skyrocketing inflation OR to NOT cut rates, which will fight inflation but destroy the economy when consumer spending stops. The big issue is that the US economy had gotten hopelessly addicted to cheap debt. For almost 20 years, the rates were artificially low. But this and printing TRILLIONS of dollars has now led to the worst inflation since the 70s
@marblox9300Ай бұрын
STOP punishing the savers to reward Real Estate and Wall Street.!!!
@sherrryannАй бұрын
I saw a husband & wife both got laid off from a John Deere factory on the same day. They won the worst case scenario lottery. I pray their severance lasts & they find something else because can you even imagine!?
@tammyturowski6703Ай бұрын
All eggs in 1 basket? Bad decision.
@Rightround0846Ай бұрын
Your fan was so pleasant and had a beautiful soul!
@LisithedogwalkerАй бұрын
🙏
@JFEnterprizeАй бұрын
Def not like New Yorker ones 😮
@marblox9300Ай бұрын
Lower rates do not shoehorn lower tired people into houses. All they do is end up raising the prices.
@sunso1991Ай бұрын
It's always great to see people in the street come say hi!!!!! It brightens both people's day!
@scotchfike21Ай бұрын
People need to take ownership for their downfalls. Having a $800-$1000 car payment is just financial suicide in my opinion. Pay yourself first
@Penny.22Ай бұрын
We do not need the rate cut
@faustinreeder1075Ай бұрын
Interest rates should be 18%.
@johnnagle7702Ай бұрын
Maybe even higher as should be above the level of price increases
@ytrefugee113Ай бұрын
A rate cut at this point is only going to do more harm than good. There needs to be a substantial transformation within the economy. It is going to hurt, we are going to end up in a depression, the only question is how bad is it going to be, and the longer people try to pretend it isnt coming, the worse its going to be when it does come.
@walterp1028Ай бұрын
Exactly. This is what I'm honestly hoping comes sooner rather than later. I love my job, but I'll risk it all if we can get a better economy once through it.
@barnabusdoyle4930Ай бұрын
We do need a serious change to how our economy works, but raising interest rates is not going to be what does it. What needs to happen is all lenders need to heavily restrict lending of all kinds. This can be done by forcing a much higher asset requirement for reserve fractional lending. This will restrict the actual money supply used by Americans, the use of debt. This is what our system needs and it will be a hard pill for businesses to swallow. Remember, in March of 2020, the Fed changed the asset requirement for bank lending down to zero. This is the real expansion of the money supply.
@richardcranium3579Ай бұрын
@@barnabusdoyle4930internet rates have always worked to slow inflation. Banks will slow down lending because many will not apply. Problem solved. The endless printing has to stop.
@MarkShinnickАй бұрын
Right on.
@diegoharo7943Ай бұрын
The depression happened in 2020
@otisshaw1Ай бұрын
If you look at EVERY Single inflationary period, with raising rates to control, always had a rate cut at the top, this always followed by a crash, this going back to 1929 depression!!!!!!
@anthonystrait1643Ай бұрын
Pretty sure the system is broken beyond repair. Greed influences everything now.
@HarrisonCountyStudioАй бұрын
I blame politics
@Daniel_BradfordАй бұрын
Greed always has. Eventually it will correct to where they can’t keep making it someone else’s problem.
@Elina_HАй бұрын
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.
@patricia_nura3378Ай бұрын
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.
@leonardives1991Ай бұрын
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.
@WEi45635Ай бұрын
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
@leonardives1991Ай бұрын
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
@WEi45635Ай бұрын
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.
@Jaysun11BАй бұрын
An emergency rate cut would probably cause panic in the market. That’s not something the FED just does casually without a really serious reason.
@bluesteel48Ай бұрын
This is basically becoming another Great Depression. It’s just that there are a lot more rich people around this time to whom it will be little more than an annoying inconvenience.
@bonniemartenez5294Ай бұрын
Those driverless cars scare me. ✋
@chrism5859Ай бұрын
Cars with drivers scare me. Crazy human drivers are more of a danger to themselves and everyone around them, then driverless cars could ever be. Humans are a constant risk, while the software and AI that driver automoated cars only keeps getting better. That said, I still want to control of driving the vehicle - I like my older pickup trucks.
@domxiong9173Ай бұрын
But driverless cars are also controlled by machines and AI, which are also controlled by humans!
@d_all_inАй бұрын
@@chrism5859 the data shows that systems like autopilot are in fact more dangerous than humans at the moment. I'm sure they'll get better though.
@chrisalley6282Ай бұрын
@@chrism5859 Wrong! Each driverless car is its own entity. The entities always have to take in input and communicate with each other. There will ALWAYS be latency in that process. Driverless cars are NOT SAFER than traditional cars.
@chucklohn522Ай бұрын
It's all the damn rate cuts that got us into this mess in the first place. Same as Japan and now they are stuck.
@mysteriouse5891Ай бұрын
I've lost $800 a month to inflation. It hurts.
@twobitsandpepper8235Ай бұрын
I quit my job to be a sahm because it's actually cheaper to not work, believe it or not. Most of it was going to taxes, gas, insurance, daycare, coffee/breakfast/lunch, vehicle wear and tear, healthcare...etc.
@daltongaither2345Ай бұрын
I feel like people of my generation have it rough. I graduated high school in 09 have been just absolutely walloped. When you started to actually get money the pandemic hits. Then bam inflation hits. If people are paying 3ish percent of their income for 15 year what do you have to show for it. I guess I should have been saving 20% and living out of a box this entire time.
@BV-AutoАй бұрын
No more bailouts!!!
@bovnycccoperalover3579Ай бұрын
When I bought my apartment, my interest rate was 7 and 7/8. Rate cuts aren't the problem - it's the high government debt. We've also had inflation in other decades. In the late '70s, inflation was so bad, that everyone got into money markers paying 17% in interest rates! History always repeats itself, however, we've never had such massive debt until the 21th century and we are definitely in uncharted territory.
@patrickm6012Ай бұрын
It’s the real estate industry that has messed with us over the many years. They are the devil to be dealt with.
@pnlfinance9650Ай бұрын
I want higher rates! I have been loving my HSYA and CD yields.
@xanderz161Ай бұрын
Emergency rate cut means recession.
@s99614Ай бұрын
Interest rates are too damn low!
@vincentortega4284Ай бұрын
99614, your correct, rates need to go up higher to kill this inflation.
@arandmorganАй бұрын
Yes.
@The111PrimagenАй бұрын
Interest rates are too low AND prices are too high. But the only way to fix both is to root out corporate greed.
@freddyparra4880Ай бұрын
Many low interest rate addicts. The high rate detox medicine is causing a lot of withdrawal symptoms.
@bradbradshaw-i4nАй бұрын
exactly. the last few years are not normal. in my 70 years the average is higher than what has been going on.
@jodrhhАй бұрын
No rate cut, nobody is coming to save you this time. Prepare yourselves to lose your home and your car. You’ll own nothing and you won’t be happy.
@starsapphirelee5714Ай бұрын
And if Harris wins, it will soon be a socialist-communist country. Nobody will own their home.
@ebutuoy5088Ай бұрын
No
@twobitsandpepper8235Ай бұрын
Yep.
@danielle1103Ай бұрын
Thanks for sharing the driverless vehicle!! We had a client visiting San Fran about a month ago and he and his friend rode in one!! He said it was a very scary experience and does not recommend they become nationwide. An orange traffic cone can stop the driverless vehicle dead in its tracks 😂
@JFEnterprizeАй бұрын
Buddy picked me up from the mechanic. A car went around the Amazon truck and our vehicle slammed the brakes 😮 if someone doesn’t have a belt on they’d go into the windshield. 😢 screw that noise 😒💥
@sts242Ай бұрын
Emergency rate cut. 😂😂😂😂 These people weren't around during Jimmy Carter. These current rates are nothing. These individuals got way to comfortable with no interest rates, free money. Those days are gone folks.
@samp4459Ай бұрын
I was around and guess what if you were a saver you could lock in 17 percent CD for ten years
@aaronburdon221Ай бұрын
@@samp4459 Sheesh. I could almost retire just off of saving from that. lol
@montymatthew1784Ай бұрын
Be better off with rates at 10%
@Bethune98Ай бұрын
Nope...drop the prices
@CurlyblondeАй бұрын
The prime rate cut already happened in Canada by 0.5% recently. The National Bank caved into the pressure from unpopular Trudeau who wants to hold onto power any way he can, and the over-leveraged Cry Baby Debt Junkies. And they are still crying for more cuts. Somehow people think that almost zero prime rates were normal. Canadians are the most indebted people now in the G7. The Federal Hocus Pocus Policy People keep telling us our economy is healthy too. The Economic Sun is always shining here.
@khagindratri6781Ай бұрын
FED is playing. There isn't going to be any rate cut. If they do, it'll be proof positive that FED is totally political.
@OldLion64Ай бұрын
Most people need to read up on what the Feds job is. Hint: It has nothing to do with managing the economy or stock market.
@juanvaldez7279Ай бұрын
I data shows cuts this year and if they don't to not look political would be political.
@sabine51000Ай бұрын
Everything is politicial. Some how some way and the rich are behind it.
@chrisalley6282Ай бұрын
@@OldLion64 Also, who owns the Fed? Hint: not the taxpayers.
@sharonwalshthompson8185Ай бұрын
Love seeing all the beautiful architecture in SF. Thanks for taking us on this lovely walk.
@iworkout6912Ай бұрын
As long as you stay away from the downtown business and shopping area, you will see some nice homes, if you can afford any of them, price and taxes and insurance. And have lots of steel gates on your doors and windows.
@albertsimmons2743Ай бұрын
People are losing everything and no emergency response from the government.
@twobitsandpepper8235Ай бұрын
They're responding by giving it all to illegals.
@totallyrealcat4800Ай бұрын
A lot of those houses you walked past look empty, like there is no furniture or decorations on the windows. But there are parked cars. It looks like they are rentals or investments or something.
@timmatthes9137Ай бұрын
Wow..... Very Nice that she went a little out of her way to say "Hi" . Such a soft spoken polite lady. I trust that the vast majority of all Japanese are just like her in their countenance. (fan from Sunny not-at-all-desirable Southern California)
@e4t662Ай бұрын
As evidenced by what happened on Monday, certain people realized that a depression is inevitable and lipstick on a pig doesn't work.
@robertcovino4889Ай бұрын
The bag of tricks won’t work as well as they have in the past. The level of debt is beyond unsustainable and the purchasing power of the dollar is disastrous for the average citizen. This can’t end well, I don’t understand how anyone can think it will 🤷🏻♂️ have a great day everyone 🍻
@sickpuppy575Ай бұрын
We can't even afford the interest.😂😂
@TimeToBeKindАй бұрын
A friend of mine called me from his Driverless car. He told me all about it, so I asked him to fart, just to see if the windows open automatically.
@francismarion6400Ай бұрын
Rate cut is what the banks want. We need higher rates 10-15% for 2 years. Help Americans Save Again!
@CloningIsTooGoodForSheepАй бұрын
The government could only afford to do this if they found a way to refinance the debt at a much lower rate. If they could then I agree higher rates and a tax system that encourages saving would help the situation long term.
@gamble777888Ай бұрын
Wpuldnt the banks benefit from higher rates?
@jonathantaylor6926Ай бұрын
Just wait until we get a "hotter than expected CPI report". That's when the chaos starts.
@jefffoster3557Ай бұрын
Too late for all that...get a grip.
@cpufrostАй бұрын
Imagine what the interest payments on the 34 trillion debt would be if the rates were >10%.
@JaneaLogan-ul7kcАй бұрын
I m seeing ppl in Walmart & TJ Max putting school supplies. So some are Maxing out their CC out of necessity. Energy high, food high, gas high!!! Our Govt is out of control and hurting the Seniors, needy, and families!
@user-mr4bx1ld2pАй бұрын
Not everyone who uses a credit card are maxing it out. I use mine all the time and pay it off each month and enjoy the rewards.
@elelectrotech9374Ай бұрын
even at 0% the insurance and taxes will make it a no go.
@josephguastella8037Ай бұрын
We need to work harder and pay more taxes so we can bail out the Elitist 😢
@twobitsandpepper8235Ай бұрын
Nope, I quit.
@CorporateShill66Ай бұрын
San Francisco RE is nuts. $1.6M for a row townhouse
@bpb5541Ай бұрын
For now.. I think in 2 years that gets cut in half.
@SirChoculaАй бұрын
A fool and his money will part. No normal functioning person should want to be in SF, much less for that ludicrous amount of money 😂
@joycedudzinski9415Ай бұрын
NO. You got yourself in debt, you can dig your way out.
@bpb5541Ай бұрын
Can you tell that to the Government?
@JustJaneOYVEYАй бұрын
I believe thise families in need of a home should have first dibs when the rates go down...Im sick of big corporations buying up homes then outrageously raising the price...
@francismarion6400Ай бұрын
Easy. You build a house with your own sweat and capital and give it away to whomever your sweet little heart desires!
@bpb5541Ай бұрын
Agree, but that is not how free market captialism works.
@breadnaut3087Ай бұрын
@@bpb5541we dont have anything close to "free market" capitalism. We live in corporate feudalism.
@bpb5541Ай бұрын
@@breadnaut3087 i agree with you. I think we live in a socialistic country under the guise of capitalism... really bad. Best of luck to you.
@marblox9300Ай бұрын
All real estate housing should be owner occupied by law.
@user-sj9te9qp4rАй бұрын
They dropped the rates here in New Zealand today so it’s world wide guys
@oteliadavid7507Ай бұрын
Thanks for sharing your talent with us!
@allreadynotinuse4169Ай бұрын
Over last 4 years my landlord alone has taken every cent of a raise I’ve gotten. Went from 600 bucks for my one bedroom apartment in 2020 to 1000 bucks now. I have 100% not that much in raises. And that only my apartment everything else has also gone up no less than 25% in last four years. I sit down and do the math but I can’t afford a shrink to cheer me up afterwards.
@mikesmith6461Ай бұрын
In az it's 1500. For 1 bdrm apt.
@Avtr44Ай бұрын
Maybe you can find something reasonable. Never give up. Look around. A landlord willing to negotiate.
@cosmiccometchichiАй бұрын
Sadly he may still lose his place. SMH
@ebutuoy5088Ай бұрын
Good for your landlord
@twobitsandpepper8235Ай бұрын
Try beer, it's cheaper than therapy.
@davidkess2405Ай бұрын
248 views 3 minutes ago.. Better than CBS News in Boston... Just saying
@davidkess2405Ай бұрын
CBS Boston @cbsboston•240K subscribers
@bobbysmith1170Ай бұрын
I just paid my car insurance and called them to ask how much it went up they said 21 percent
@commonsense6967Ай бұрын
Too many illegal tresspassers driving without licenses and causing accidents.
@wayneburch3775Ай бұрын
Mine went up 57 percent 😢
@campervan7354Ай бұрын
34% here in 1 year
@twobitsandpepper8235Ай бұрын
Get liability only, or try going without but never getting pulled over.
@kevinpratt-ge5yeАй бұрын
Me and the wife were going thru some old paperwork to get shredded. We found the info from our first house. In 1990, the interest was 12.9 %. 😂
@karaburch7611Ай бұрын
Exactly. And the price of your home was probably 80,000
@warrencrawley8300Ай бұрын
@@karaburch7611California at that time homes in Riverside County in Orange County we're running about 110,000 to say 150,000. I bought my first home on my VA it was 12% for 130,000
@MrSean03839Ай бұрын
@@karaburch7611 Adjust 80k in 1990 to 2024 dollars to get an accurate comparison you are trying to make.
@ihunt12903Ай бұрын
@@karaburch7611exactly lol people talk about high interest rates in the past and I'm like and how much was that on ? And how much was that compared to your salary ?
@Mr_BUSINESS_24_7Ай бұрын
@@ihunt12903 $100,000 home $100 per month in property taxes, 12.9% $66 per month home owners insurance, 5% down payment. $1200 monthly mortgage. A good salary in 1990 would be $30,000 to $40,000 a year.
@johnski676Ай бұрын
people need to be screaming for new asset backed currency and a flat tax.
@marycollins8215Ай бұрын
Good point, agreed we don't need emergency interventions if everything is so great. Thank you.
@redirectyourselfАй бұрын
Rates wont help renters who are breaking under 400% rent increases
@floridamankyle5461Ай бұрын
NO! Prices will go up even more.
@OldLion64Ай бұрын
Also, I still want to see you do that walk through Oakland. It will be the shortest and fastest video ever😂
@LisithedogwalkerАй бұрын
😂😂😂😂😂
@SunnySunShine175Ай бұрын
TBH...I think we have been in a recession, No emergency rate cuts .
@marsha58Ай бұрын
We have been in one since July 2022, they just changed the definition.
@diegoharo7943Ай бұрын
@@marsha58where have you been since 2020 where have you been
@tammyturowski6703Ай бұрын
Since Oct 2023
@user-te6xy7sf6oАй бұрын
The fed is political. You are 100 % right on. Now there is a difference between a investor and a trader.