JP Morgan Chase Issues Economic Warning For The USA 2024

Full Interview with Wall Street Journal: • Why JPMorgan CEO Jamie...
Join our EXCLUSIVE Investing Community: clearvalueinvesting.com/
GET 3 FREE STOCKS when you open up a stock account here: a.webull.com/i/ClearValueTax
Join this channel to support us by being a member:
/ @clearvaluetax9382
The best way to support our channel is to share this video on your social media to spread awareness. We appreciate the support!
This is our TurboTax Link for your tax preparation needs:
www.anrdoezrs.net/click-10015...
ClearValue Tax and affiliates and related parties do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
This post may contain affiliate links that at no additional cost to you, I may earn a small commission. Thank you for your support!
Legal Disclosure: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market in attempt to mirror what I do. Unless investments are FDIC insured, they may decline in value and/or disappear entirely. Please be careful!

[@jukkagikagi04]

I'm 40. I remember growing up being told over and over again to be responsible with my money. I pay my bills in full, on time. Maintain an 800+ credit rating. I pay my taxes, in full, on time. I don't commit crimes. Yet me and so many other responsible, hard working people continue to suffer the consequences of the same assholes that told us to be responsible as they sell the human race down the river. Makes you question why you toe the line and do the right thing anymore.

[@dct1238]

Indeed. It's called character. Good job 👏

[@dct1238]

@@Haveuseenmyjetpack Prove what? 🙄

[@blacknexus7518]

Same

[@lam7499]

I'm 29. USMC veteran, graduate degree holder, financially responsible, and even though I'm successful by many metrics, I still can't afford a house without becoming housepoor. Fend for yourself and your family. Stop simping for society by towing the line, it won't get us anywhere anymore.

[@thomasfisher1829]

There's an 80's movie with somewhat similar themes called Falling Down. May be worth a watch at some point

[@ShooterMG88]

The economy is shit, and our leaders are clowns.

[@Dusterdimmu81]

The lunatics are running the asylum

[@ogre706]

Agreed. If they were really honest about themselves, they would all wear a big red nose and hold a squeaky mallet.

[@nonenone4219]

Very accurately said. I agree 💯

[@oleotoleo3414]

Leaders? Who? I don't have leaders. I am the leader.🇩🇪

[@jfyhou]

They are not clowns. They know what they are doing. They are evil.

[@yanna1993]

Our leaders aren’t delusional. The system is working just fine for them.

[@TheOneTrueNoName]

EXACTLY

[@amandawilson8935]

Exactly. It's their plan to crash the currency, they do this every so many years to keep RESETTING their SCAM. It's now the 1% get richer and the 99% get poorer.

[@rareform6747]

This is the exact government our forefathers warned us about.

[@chasnami]

This Government and the system has been going on for over 50 years!!

[@Portia620]

YES!!!!

[@m.lewizz3297]

This is the exact government that the forefathers created and didn’t want to admit they were

[@alexbella5]

Exactly. We really dont follow our own constitution. Our politicians have allowed big corporation to grow and control. Our founding father were about small family business not corporations. We can really only blame ourselves. We rather protest to save palestine or for other countries problems when we should be protesting to get rid of politicians that have made wealth off of us and get rid of them.

[@TheCastedone]

And we arent doing anything about it

[@mukaaj]

Elimination of the middle class is going as planned. Right on track

[@Swingman30]

Exactly

[@citizencoy4393]

My friend makes 8k per month and is homeless! Poor. Credit.

[@cormaro13]

@@citizencoy4393I don’t think your friend makes 8k if he still homeless 😂

[@citizencoy4393]

@@cormaro13 Credit overrides actual money in hand.

[@LizzyAF_5595]

People will have to pay to work in the future 👍🏽 slave race

[@vickiewilkins1579]

I hate it when rich people think they know how middle class and poor people live. We are struggling!

[@squashua16]

They know that as do we. We also know people are resilient but make bad decisions. Bring everyone down a peg produce more crime of survival. You are the commodity. You are not a soul to them but just a disposable tool

[@brianadams6204]

Not all of us the wife and I are middle class Making $140k ish a year and we are doing outstanding. Thanks to Dave Ramsey BLESS HIS HEART.

[@jasonwriggs]

It's okay tho. Because you struggle and you can't afford health care, rent and food, we can give it away for free to newcomers! Bidenomics is working.

[@leoavila915]

@@brianadams6204i think your rich if both are making over 140k . Try making 80k with the wife

[@g.t.richardson6311]

@@leoavila915 140000 total I’m semi retired at age 63, bailed at 60 , wife will retire at 59.5 next year Neither of us ever made over 75000 per year , about 1.75 nw Many many years it was 80000 total

[@Seanpfree]

First-time home ownership is OVER. "Starter home" mortgages in Tennessee are $3500/month. We've put in 77 bids in middle TN on first home and were outbid by cash investors EVERY TIME. Now, we're priced out due to price and mortgage rates. Wonder why Millenials and Gen Z are doom spending? Not getting married? Not starting families? Why is civil unrest growing while the wealth gap is larger than it ever has been in history? It's because this economy is not for us, it never has been since we've been around. It priced us out and left us behind before we got here. This doesn't end well for society at every socioeconomic level..

[@ayanamariemia]

Yeah, like why bother?🤷🏽‍♀️

[@brittanyb5942]

TN is out of control! Way overpriced!!

[@Jackiecarlet]

Exactly 🙌🏻

[@BrosLikeThis]

Gen Z owns more homes at age 25 than millennials and boomers did at age 25.

[@goldies6909]

Well said!

[@sheriff9775]

Since nobody is saying it… We are completely fuc4ed. 😢

[@juliustaylor9920]

They are saying it...they're just not using the word fucked lol

[@Swingman30]

The economic reset is coming soon

[@BakerMills7]

​@@juliustaylor9920call it "Set up"

[@222aint]

FDT

[@procels]

@@Swingman30that’s bs

[@fartinthewind933]

Did he seriously just sit there and say the consumer is in good shape? These people are so out of touch or just straight up lying.

[@bytemuncher1]

He's not quite lying though. The rich are spending because they're making money like crazy. If you're wealthy and own assets then you're laughing right now and you probably love Bidenomics. If you're middle/lower class then there's a good chance you're struggling to buy food. Through endless money printing they confiscated our wealth, pure and simple.

[@AnnAndNala]

It's sick to watch. People are hurting badly. IMO his demeanor came across as sociopathic, not unlike watching someone witnessing torchure on another and having absolutely no care or emotion whatsoever. Poor people to the 1% are just low class riff-raff, like meaningless decorations on their designer pillow.

[@sergeyevangelista8915]

"Consumers are in good shape" = "They can continue covering interest rate on all their debt and paying us instead of bankrupting."

[@tyzoebrown]

He definitely said it depends on the group

[@Portia620]

He wrote it up on his yacht

[@nejo4664]

Sending money overseas while our tax paying citizens and economy are struggling and the U.S. national debt continues to grow.🤦

[@simonlo9956]

Sending weapons overseas, not money, the money is going to US companies that make the weapons.

[@scottssim3173]

Look on the bright side. When we send money overseas, they use it to buy weapons from our military industrial complex 🤗

[@conchobar]

Its much worse. The money is actually going to US arms manufacturers like Boeing, Raytheon, Northop Grummond, etc. Its just another transfer of wealth.

[@simonlo9956]

Don’t forget Lockheed Martin. They may be the worst.

[@far1762]

Da

[@SammerSO]

They talk to us like we’re stupid.

[@WeeG-bwc77]

We continue to let them get away with it when the Solution is obvious. We are stupid in that regard.

[@Mac-hr9rg]

You think most people aren’t? Lmao

[@MahdiMessiah]

@@Mac-hr9rgyou think that doesn’t include you? Lmao

[@SammerSO]

@@MahdiMessiah how so ?

[@MahdiMessiah]

@@SammerSO people who love to talk about how “people are suuuuch idiots and I’m the exception blah blah blah” and pretend like they’re above it all are ALWAYS without QUESTION the idiots and the problem.

[@rr186650]

The JPMorgan Chase that was convicted of five felonies for rigging the precious metals market and not one of them went to jail.

[@WeeG-bwc77]

The State protects them, not you.

[@deker0954]

It's for fools.

[@ubsglobalserve1002]

Now that’s a fact!

[@garybeaty4032]

The state doesn't protect the banks. The banks are the power 😂

[@Ezbpete]

Too big to fail

[@MoeandMo]

Rich people telling the middle class that it's the poor people fault...smh

[@ghosthdel3098]

Market is up today, I dont care. Hahahahah

[@bethannea4842]

Who said it was poor peoples fault? The Fed was too late in raising rates, raised them too fast and the government is spending like there's no tomorrow.

[@user-wl8gu1rt8v]

The rich are out of touch, but the poor spent like 14 year old girls that stole their daddy credit card during 2020-2023 with all the government handouts… the poor literally spent their way into the nightmare we’re in by taking the bait from the rich

[@squarecracker]

@@bethannea4842 should have raised them in 2014 lol

[@timothyschule3831]

This is everyone’s fault. For watching football on Sundays and fucking off while letting people ruin our country. Everyone’s fault.

[@MCC876]

Why do these talking heads always mention that unemployment is under 4%, but fail to mention that we have lost over a million full-time jobs, and gained part-time jobs?

[@paul4utica]

They drink the cool aid that liberals feed us that unemployment is low . . . its not low. Labor participation rates are in the basement.

[@mrleafbeef634]

Illinois unemployment going up 🔥

[@miriamcollins7587]

Because it doesn’t affect them.

[@bobl9949]

Truth be told 💯

[@lauriedavidscarr]

You are 💯% right!!!

[@codyeynon8467]

Here's a radical notion: stop doing business with banks. Use cash. Barter. Shop small businesses. Don't buy anything you don't need. Don't borrow. The only thing the ruling class cares about is money. Stop giving it yours.

[@TheOneTrueNoName]

They send our taxes to them

[@TheOneTrueNoName]

They get paid from our taxes too

[@rolafgrim8039]

hurting the poor to help the wealthy has always been the goal.

[@formerlyfoote3380]

Its the way they play in our faces. The gaslighting is wild!

[@sarahbaartmansrevenge]

it’s psychopath level gaslighting

[@Nwakaego_]

Exactly!! My exact thoughts! It’s ridiculous how they play in our face and gaslight us.

[@mirsaes]

Psychopaths are very comfortable with lying.

[@Portia620]

Yes!!!

[@dallaslooksmaxxer3505]

I just landed a $82k job. My highest paying job so far. I did the math, I will be making $1700/week… gross. That will be around $5500/month net. Rent alone is $2500 in Miami (which is where my job will be). Imagine that… half of my monthly income will be going to rent… and $82k is considered a descent salary. But in 2024, that barely enables you to scratch the middle class. The high cost of living is a joke lol. And our leaders are delusional… whether it’s the left OR the right! Clown world man 🤡

[@BP-1972]

I remember renting an apartment in the 90’s for $650. And it was a newer 2 bedroom. Rent is crazy now.

[@WisdomSuccessAbundance]

Makes more sense to be a landlord then. That way you are receiving rent payments instead of paying them. Landlording is the only career that gets people rich

[@josephkelleher8820]

Retired now. Where I worked $82,000 a year gross equates to $5125 a month net. If you don't contribute to a retirement plan like I did then it could equate to $5500 a month net.

[@jameschaves5723]

Do whatever you can to keep from a car payment

[@jul.escobar]

Yup. It's the same bird. They want all our money, us to own nothing.

[@acecyxyooj6954]

The middle class should get exempt from taxes, this way the middle class can still be ok.

[@juliustaylor9920]

They don't want the middle class to be OK. If they did they would've already taken precautions.

[@Sienadiaries]

I agree I feel like that one of the main things eliminating the middle class and it’s sad the

[@danielfiore8865]

I live in Oakland, CA. If the government halted ebt, every major grocery store would be boarded up and abandoned within one month.

[@Too510]

Everyone got ebt cards. EVERYONE.

[@brittanyb5942]

I know plenty of people who don’t EBT cards and I’m one of them 😅

[@ThePathOfLeastResistanc]

I don’t have an ebt card

[@soberanisfam1323]

If there are no ebt cards capitalism collapses in 3 meals

[@liftacar]

This is how I feel about the situation : Wall Street does NOT equal Main Street. All these interviews and opinions are rooted in corporate life and not the common American’s life

[@nattypatty3667]

Top 10% owns 91% of all stocks and mutual funds. There is no trickle down affect anymore

[@bloxer9563]

@@nattypatty3667 never was

[@astridgalactic9336]

@@bloxer9563 Totally agree. It's been all trickle up.

[@user-bc2tt3uy4k]

Yep, I believe that this is the case! Insightful comment...thank you!

[@heldthelever]

@@astridgalactic9336let’s hope Reagan’s corner in hell is extra hot

[@stevehill8993]

The middle class really lost ground the past decade.

[@raybod1775]

Middle class to poor lost ground since 1970’s.

[@bytemuncher1]

Bidenomics may be the death blow to the middle class. However, if you're wealthy and own assets then you're laughing all the way to the bank right now.

[@InternacionalBoxing]

@@raybod1775Yup now they will just eliminate it all together and make 🇺🇸 3rd world

[@johayes5752]

The middle class hasn't existed since the start of Reaganomics

[@user-fl6ko9do5y]

20 years

[@isaaclujan7998]

I think we need pitch forks and torches

[@tanyaatkinson9682]

😩😩😩😩😩😩😩😩😭😭😭😭😭😭😭😭😭🫶🏿

[@OffendingBarbie]

When & Where? 💪🏼

[@soberanisfam1323]

They have drones & missiles 😂😂

[@isaaclujan7998]

@@soberanisfam1323 figure of speech lol

[@jamesharper8373]

The government is spending alot to prop up economy, just not the US economy

[@christinecortese9973]

So 20% of the population is suffering while the rest are doing well? Damn. That’s a huge 20% because it encompasses everyone I know across 2 states and none of us do drugs or steal.

[@danamarie8718]

I think it’s more like 20% are doing okay and 80% are suffering.

[@vincentyeo88]

50 percent of the adults don't even have $500 cash for any emergency.

[@whoissterling]

@@vincentyeo88I bet it’s lower than that, fact of the matter is, you need family, you need roots here if you want to live, otherwise, you’re fucked.

[@ryanmano6707]

"the consumer is in good shape" and other lies told by guys who are robbing you.

[@kalkal-nn7wd]

remember the banks and the bankers ARE YOUR ENEMY!

[@Proverbs31lifestyle]

😂 right!

[@beautifullyaligned]

Gaslighting

[@stoneneils]

He means you can still buy stuff you want, which you do,.

[@Portia620]

Yep!!!

[@Viviko]

People don’t care about “the economy”. They care about their economy.

[@jackfenton2271]

Never forget Taxpayers bailed out Dimon when he helped create the crash of 2009.

[@cpeeps430]

2008 😭

[@leelebirdsong8339]

Funny his name is close to demon.

[@TheOneTrueNoName]

​@@leelebirdsong8339 coincidence?..I THINK NOT

[@lidam]

They just say whatever. They have enough wealth to survive in any condition except mother nature.

[@BillyMartin68]

😂😂😂 Millennials.

[@timothykaczanowski2603]

@@BillyMartin68bro what?

[@Napsteraspx]

Mother Nature be coming

[@DontAtMe2k24]

That’s not necessarily true. If the dollar goes to zero, their wealth is nothing.

[@AnnAndNala]

@@DontAtMe2k24 But unfortunately their sociopathic tactics won't let that happen.

[@dayveda3736]

He speaks with forked tongue Damn Psychopath 🎉

[@dixinc.5507]

I have 700+ credit, no missed payments in years and recently Chase reduced the credit limit on my cards with them by 80%. They clearly know something is coming.

[@AngelaMonet]

Chase just raised my credit limit by 3k and I didn’t ask for it.

[@dixinc.5507]

@@AngelaMonet Citi, Capital One and Discover all raised mine without asking. I have cards with 10K limits and up. Meanwhile Chase decides to take my cards and reduce them to $800 with no reason.

[@medic173]

​@@AngelaMonetbuy me something for my bxday

[@Withinlimits]

They raised mine, but you are right too they lowered my pre approved loan limits too

[@shachede6828]

Reduce the limit on your card? Woah didn’t know that was possible. Maybe you’re not using it enoughhh…

[@8000RPM.]

As soon as he said, "...the consumer is in pretty good shape..." I thought I was watching an episode of "The Twilight Zone".

[@TheOneTrueNoName]

He's not talking about the people he doesn't care about 🤣

[@sagesky8318]

Yeah, who cares about the poor people. He doesn't care about the low income people

[@outofshapecartoons4138]

The people who are gonna keep the rich up at night are the poor people.

[@XanVicious]

@@outofshapecartoons4138they already did, why do you think they put so much red tape in place and keep us divided? Because a house on different foundations cannot stand. We can’t do anything to them if we’re constantly bickering about trivialities, but we will learn this when it’s too little too late to do anything. We’re so far past the point of no return that we don’t even remember what it looks like anymore…

[@kens805]

No body cares about low income people.

[@Bassium08]

Trump is well on his way.

[@basook6116]

sadly, US Govt. need poor people for jobs that hardly no body wants. ie; joining US military, cleaning services, fast food, ect.

[@christophersnell1749]

My mind is blown, on how these highly educated , rich, global elites are managing trillions of $ , and we are basically broke and in debt!!!!! I'm a high school drop out, no debt ,bills paid, some $ saved for emergencies.. Now every one is struggling cause these people can't get right.... Almost seems intentional..

[@user-fp2ze9zw3i]

Because it is my dear.

[@Portia620]

It IS!!!! Extravagant lifestyles and at tax payers expense!!!

[@-Nick-T]

home prices going up is terrible for the next generation. when he says poor, he means the youth of this country.

[@IrateMoogle]

Multigenerational homes will become the norm. Gen Alpha definitely won't be buying their own homes.

[@ghostcircuitry]

Good thing our taxes bought us 87,000 new IRS agents.

[@Horace1993]

Good if we dont make everyone pay their share YOUR taxes will be higher to compensate for those who are not paying. Do you want to carry others so they dont have to pay tax?

[@joanstepleton1637]

Good thing! Maybe they can get some of those back taxes owed. I pay my taxes. So should everyone else including corporations.

[@LprogressivesANDliberals]

34 trillion debt it’s coming to bite us…

[@dankwolf442]

Yeah it starts in 9 years when social security goes insolvent. Glad I paid in my whole life for these clowns to screw me over.

[@user-sj7fu6es3y]

Sanctions are coming to bite us….

[@SewingBoxDesigns]

In the form of a Chinese dragon.

[@Android-Zen]

@@dankwolf442at least you had hope. 😅

[@EitherBendToTheTruthOrLiveALIE]

@@Android-Zen😫😫😂

[@alphach1mp]

If they stop bailing out Wall St., we could save trillions per year.

[@g.t.richardson6311]

How about Ukraine and 100 others

[@vincentyeo88]

Big bucks for Wall Street. Bread crumbs for main street.

[@user-li6bw9rn1z]

He will not speak against the system that works so well for him, c’mon.

[@trixie9777]

Exactly!

[@Southprong59]

Diamond is F of S, the average consumer is not doing well . . .

[@armandocastaneda7426]

The consumer is absolutely not okay in this economy.

[@user-ky4hc1bx7s]

stop consuming then.

[@rob_see]

@@user-ky4hc1bx7s just don't eat, bro

[@melindachristisourhope6255]

He smug just like the rest of them and out of touch with the people outside of his tax bracket.

[@jayc4715]

Nah..he's a smart guy

[@firstlast-wm3li]

​@@jayc4715A smartarse.

[@janinegenova9419]

Thank you for always filling us in.. It makes me so mad now our government is overspending and we have to pay for it!! It’s not right!!!

[@paul-morgan]

I have been hearing this since 2020... The rich are so rich, they don't even need the poor to spend. Recession for the poor, boom for the rich.

[@bobej20]

Ya unemployment is low because everyone is picking up extra work to deal with this inflation !!!

[@GovtWatchdog]

Unemployment is low because everyone now works for the government.

[@refuztosay9454]

@@GovtWatchdogcorrect. Highest percent of the work force ever.

[@WeeG-bwc77]

plus the imported work-force......Millions now......

[@Katana_Gryphon]

He talks about the “bottom 20%” but I think his math is backwards. It’s the “bottom 80%” I think. Everyone is affected by prices being 40% higher than they were 4 years ago, regardless of which income bracket you’re in.

[@henrysheppard3433]

I said the same thing. Rich people clueless how regular people live. He don't know anyone not in top 20 percent

[@sarahs5340]

I cannot afford groceries! My rent takes half my income. I’m so sick of it.

[@southstyle2475]

The consumer is not in good shape, wtf is he talking about.

[@AW-xb5uf]

Consumers are people that consume his products. He is saying that his customers are doing well. People who have money to invest.

[@ripsirwin1]

People need to go to prison

[@Rob-ou1py]

People go to prison everyday

[@brettjames7996]

@@Rob-ou1pynot the ones who are killing Americans

[@LprogressivesANDliberals]

The rich are siphoning us and when shit hits the fan they will run away. We need to French Revolution the 1%! 🙋🏽🇺🇸🦅

[@benjaminwlang]

@@Rob-ou1py the right people need to go to prison

[@ogre706]

Poor criminals go to prison everyday. The rich criminals running the country though...

[@crescentcompe8289]

Same country 2 economies, one for poor one for rich

[@joncoutts1671]

This is the *true* two tiered justice system in our country. If you're rich, you're pampered and excused from crimes. If your'e poor? Too bad, you go to jail.

[@markjamison9677]

Most poor people are poor because of the decisions they made like being lazy married to a loser that dragging them down listening to bad toxic advice or following the loser crowd . It’s just that simple .

[@truthsayer9534]

No, it’s one economy for those who love to be in debt and one for those who are responsible with money.

[@morganchandler5126]

​@@gyrate98send me some money.. working 2 jobs and 70 hours a week just ain't working..... People are about ready to snap

[@Dan-lu8qu]

If and when the responsible become wealthy, then they become the wealthy.

[@n0t_today_satan]

Defund the IRS.

[@b4804514]

Tax the rich and pay off the deficit in 1 year. Corporate taxes are making all of us POOR

[@umoramayori]

False. The federal reserve is.

[@MavRick69]

Can not trust anything anyone at that level says publicly. He is saying what is needed to move the retail investor in the direction he needs them to go. He doesn’t care about us, he cares about himself and his company.

[@dawnfire82]

There is some truth to this. He might think we're all screwed and the Fed Chairman is dogshit, but he can't say so in a public forum or there will be follow-on consequences. Remember that Crack Barrel CEO who damaged her company by giving her honest opinion earlier this month?

[@unebonnevie]

The poor struggle; the middle class pay more taxes; the rich/ultra-rich lobby and gather more wealth.

[@MsJenniferinNYC]

💯💯💯💯💯

[@lindajohnson.]

Very true!😢

[@georgelara3730]

The US is spending money to prop up the economy in other countries. Not ours

[@Horace1993]

To keep hegemony. So its the same thing.

[@nolagirlhomestead]

I remember the 70's, and feel this economy cycle is closer to the 80"s and the Gulf War!

[@MrDepodot7]

Yeah it smells like Reagan. I agree.

[@travispace9176]

QE after Covid was the largest wealth transfer in history.

[@rustybumperclassics6342]

We need a wealth transfer going the other way

[@jul.escobar]

Yup. That's when my downfall started. I've lost everything and have been in survival mode since. It's not going well

[@aaronensminger3186]

@@jul.escobaryou’re not alone. 😢

[@shanerogers9386]

The true purpose of why they created, released and marketing Covid

[@jul.escobar]

@@aaronensminger3186 thanks for this 🙏 I hope many of us can all recover soon. Weve lost too many already.

[@lidam]

I’m not sure why we pay property taxes. Why don’t they just print money to cover all the property tax that they expect people to pay. I don’t mind paying property taxes for any investment property but I do mind paying for my primary home.

[@SimpMcSimpy]

Without that tax local gov would go broke. That's the reason why you have low tax on your salary. Here is in EU it's mostly the opposite. We have zero (or very low property taxes) but loose 40-50% from the salary.

[@SimpMcSimpy]

I think printing money would be worse option as it would be manifested as higher inflation. That is more damaging for low income earners.

[@ItDoesntMATTERwhatYourNameIS]

The fact you pay a tax on something you have paid off, shows it was never your house to begin with Wait until hyperinflation hits your property taxes Bye bye house

[@juliustaylor9920]

Inflation was gonna happen either way 🤷🏽‍♂️

[@mikael557]

You can't be an "Elite" if there's no one poor to rule over

[@patriotpioneer]

Lets not forget the Politicians made the debt. By giving away your wealth......

[@nathanielcarreon5634]

"Consumers are in pretty good shape". He could pass for the Joker of the Year.

[@HeavensSatans]

Never forget, this is all by design. This is what they want. They will piss on you and say its raining.

[@icebreaker2047]

We’re doomed

[@liferx4343]

Bidenomics is failing horribly.

[@Tellurdogisayhello]

This is SO much bigger than biden…

[@liferx4343]

@@Tellurdogisayhello Even if it were bigger than Biden, Biden is there making it worst for Americans.

[@HLB512]

He thinks the bottom 20% are the only ones struggling. It's way more than that.

[@class1188]

DONT BUY ANYTHING BUT ESSENTIALS ((NOTHING MORE)) GET STOCKED UP ON FOOD, WATER. PAY BILLS OFF or you will be without homes or cars SOON...😢

[@baldeagle4710]

Not if you’re wealthy

[@SadParting97]

How is unemployment under 4% if applicant to job posting ratio is 1 job opening to over 200 applicants for almost all jobs? Where are they pulling this under 4% number from?

[@tcompound327]

We all know its bullshit! What jobs are they talking about? Tacobell?

[@100c0c]

You can apply for a job while having one.

[@victorespino5650]

Where did you pull that number from?

[@darwinjina]

myself wonder how the stats are calculated. It seems to now be a thing for companies to post jobs that have the sole purpose of determining market prices for their own employees. (not interviewing)

[@SadParting97]

@victorespino5650 I apply to jobs and I can see how many applicants applied. It's not such an outlandish figure for you to be sarcastic about.

[@DrewHolidayFX]

Save your money, get out of debt, pay your credit cards an stop using them, invest any extra cash, learn the market, DONT SPEND MORE THAN YOU EARN, don't stay at job that's not paying you well, keep looking, find ways to have extra income ebay, yardsales, ect

[@karennaturallyartby]

These people do not care about this country or the citizens

[@thedudeofdudes3009]

We will have so many middle class dropping to the poverty class

[@victorespino5650]

That's been happening since the 90s

[@Lovelivewell]

Well at least they can see how it feels middle class ppl always look down on the poor

[@Angel-xb1bp]

@@Lovelivewellbum, you’ll forever be lower class with that attitude.

[@underconstruction6624]

Bottom 20?! Try bottom 80%!

[@Prisonmate]

34 trillion in debt. You think that is bad? Think how you going to feel when reaches over 50 trillion by 2030.

[@shoblizz21]

JP Morgan are clowns

[@saram5609]

The economy is crashing like the Titanic. Brace for impact .

[@OrthodoxAtheist]

Its clearly not. Looks like this channel is collecting a lot of the doomsday/armageddon/buy seeds and silver, crowd. The US just set a record for vacation travel spending. My own state just set a tourism income record also. Money is tighter, but that doesn't mean the economy is crashing, or even terrible. Just need to sprinkle a little of the coin downhill and we're back to good.

[@MerpDerp-hz9tt]

No it isn’t lol

[@MerpDerp-hz9tt]

No it isn’t lol

[@DJSolistica]

its really not

[@bouncingBrain]

My sons are i their 30s. The older one moved abroad 10 years ago. My younger one looked into that about 3 years ago. Just yesterday, he told me that is now seriously planning to move out of the US. I am planning my retirement overseas. In other words, we are bailing.

[@GarrettSAlston]

Thank Source or God I moved to SE Asia 🌏 when I did from the "great ole going down fast" USA, my beloved country going to moose crap fast, now 3 years ago!!🙏 . Much love and happy through ( out) year to all, especially to my fellow VETS and those still serving in theatres worldwide and in space currently!! I am both former US Navy Beachmaster Unit Two-(BMU-2) gator and then Army infantry OCS and beyond dude!! Hooyah and Hua!! All be blessed, safe, healthy, happy, awake,aware smart, prosperous and great ( compassionate). Thurl G ( one of my many nicknames), signing off from beautiful but very hot, caliente o mainit( tagalog filipino for hot) 🔥 🥵 🥞 ♨️ Philippines 🇵🇭, for now, other countries soon!!

[@nypana1202]

Make sure you research well before you make that move. I had a few friends whom made that move overseas just to move back to the states. All the Americans is doing when moving to other countries is rising the prices for the locals in there country. I’m just going off my experiences visiting my parents country of Panama 🇵🇦.

[@RoseWater20]

We moved out of the states back in January to a small Caribbean island. Our rent is less than half what our mortgage was in the states. Wild. We live on $3k here. In the States we were paycheck to paycheck on an over $8k a month salary. I have a house cleaner here, never had that in the States and I drink mojitos on the beach every weekend. The States are no longer for the middle class. Policy after policy has ensured that.

[@ekanata]

Smart. I’m a younger guy too i spend some months in Philippines. Once fully self employed remotely I’m out of here

[@utkbyuca89]

Mexico is deporting Americans as they caused Inflation to their citizens.

[@twocool2trip229]

We are soooooo fu@ked

[@Kaisoazion]

Why don’t we interview the everyday people instead of the wealthy

[@rastazrealities]

Lies, lies and more lies.

[@betsyburns1825]

The groceries that I buy every month have gone up in the last 2 months. I was surprised. I thought rising prices was over for awhile.

[@bradhaines3142]

nah all they even aim for is SLOWING the rise in prices. not stopping, not reversing. just slower

[@michaelm4597]

Greedflation

[@holyarmageddon19]

I got one better. In&out burger was $2.90 3 years ago. The burgers now are $5.30. That's a increase of 82.76%. Three years

[@Hot_Stank653]

It goes down if you steal….

[@betsyburns1825]

@Hot_Stank653 That's not in my wheelhouse. God would get me for that.

[@francescobaruffi999]

Great video. I like the condensed version of this topic. Straight to the point. Hold onto your coins, folks. Future not lookin good.

[@Richgurlz]

Wow, they don't even got respect enough for us to call us citizens or Americans or people...they called us consumers 😂

[@billyrayvalentine5079]

Well, he is straight forward. He basically said, "Hey, Sh*t happens."

[@jasonfuller1001]

He'll step onto his yacht and wave goodbye as the country burns.

[@keezer4346]

The Fed should have RAISED the federal funds rate over 8% by now, if not higher.

[@dev4statingx90]

The government can't afford to pay the interest on its spending lol

[@sebastionhastings9009]

Yah anyone that makes under 100K has been struggling the last 15 years and slowly got worse and now it’s complete trash….

[@davidjsouth231]

Economy sucks but people are still spending $.

[@user-mb4wh2xf5c]

They are spending somebody else's money(credit cards) a time will come to pay the piper and the tears will come down like Niagra Falls.

[@GovtWatchdog]

That’s because people have a spending problem in this country. It’s only a matter of time…

[@drake_leo2152]

Credit cards

[@toysandkids1165]

Minimum wage is up

[@stormygeo]

Payday loans and credit cards, smh.

[@jh522]

Thank you Brian for these videos. I am 69 and lived through the gas lines and double digit inflation and mortgages if the 70’s. That was bad but this is worse. I’m ok personally but my kids and their kids are into a whole different dynamic. The budget deficit is to become the monster that swallows the country eventually. Keep up the good work.

[@Wtf2529]

We are soooo fucked.

[@daviddruggish271]

Encouraging greed has its consequences.

[@robertbehan6348]

The American people have been living the economic warning for the last three years thanks to ‘build back better’. We don’t need experts to tell us that.

[@dsparks149]

All I could say is no to all those questions

[@jonathanjacques7250]

Such BS, just love being gaslighted.

[@timozuna]

Definitely feeling the have not side of the bubble. Inflation has killed any raises I got over past few years and it still hasn't stopped going up.

[@CPDCT]

The problem with free markets in US for the last 20 years is the act of socializing of risk and privatizing profits. Banks should never have been bailed out 2008 by tax payers.

[@stoneneils]

The fundamental probelm is two generations were hoodwinekd into "investing" instead of launching their own businesses..so corporations took over everything. Only immigrants start new busineses now because they know the stock market is for suckers.

[@timc7175]

The middle class is evaporating

[@hi-tych]

If we in "pretty good shape" why people like me are leaving the states.?

[@dassa0069]

Gold is the only money you can trust.

[@scruffyscrubs5468]

I do not believe we are in good shape!

[@alex-yj4gd]

You should look up what Charlie Munger said about the U.S making the same mistakes as former Roman Empires made before their collapse.

[@astridgalactic9336]

@@alex-yj4gd RIP. I'd much rather have Charlie around than this arrogant (fill in the blank).

[@brandonshannon3531]

Happy Friday Brian!

[@clearvaluetax9382]

Happy Friday Brandon!

[@ArcticCircle2020]

For billionaire economy doing well. They make money in good economy and they make more money in recession. Only the general public suffers

[@marie2511]

The bottom 20% hasn't done well!? So, 80% of people are doing well? The math ain't mathin'.

[@medic173]

😂

[@toadkillerdog9466]

my parents were technically poor, much poorer then our social circle. But they always said they were lower middle class. Always holding to that American dream, I think these days people have seen that no you are just poor and the dream is an illusion as the middle class is being crushed.

[@dawnfire82]

Eh. Most Americans don't know what 'poor' is, anymore. You ever water down your milk into two cartons to make it last longer? I have. And there were people poorer than us.

[@EitherBendToTheTruthOrLiveALIE]

@@dawnfire82completely agree. Everything is relative.