NEW ECONOMIC WARNING From EX Home Depot CEO

When you have people that have ran major companies, like Home Depot for decades issuing warnings about the economy you know things are not going nearly as well as we're being told. And people in this position noise before most other people do so it would be wise to heed their warnings.
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#realestate #housingmarket #homeprices #housingmarketcrash
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[@MichaelBordenaro]

PROOF! The Housing Market HAS ALREADY CRASHED... kzbin.info/www/bejne/hl7UlmSbltWMask

[@dertythegrower]

Funny how cnbc admit it in their florida housing report 12 hours ago, totally confirming what you said and they are paid by Joe 😅

[@dertythegrower]

Nbcnews, 23 hours ago also... (People having seconds thoughts after moving to Florida) major joe side bias networks agreed!

[@Beatriz-Ana-11]

Good evening Lisi and Michael, I posted this in your previous video just in case you didn’t get a chance to see it. We are longtime viewers of your channel and absolutely love your content. I’ve previously posted here and Lisi has been gracious about responding. We are also interested in moving to Palm Coast, Florida and I was just curious to ask if you are still interested in that location? Currently we live in Miami, but we have made a few changes and we are getting closer to actually moving. Miami doesn’t make economical sense for us anymore, we currently pay 3,877.00 on our 3 vehicles car insurance policy every 6 months and will have a savings of over $2,400 per year, just in car insurance by moving and we have great driving records and no claims. Between the property taxes and insurances only on properties and vehicles is an very large savings difference. We can’t wait to move! Plus the services here have drastically degraded and the quality of life here has gone down drastically. Thank you for your input and I appreciate your opinion and response. Thanks again! Have a wonderful evening!

[@snicole042]

Yep!

[@geodude9395]

I work for Home Depot. This revenue decline was anticipated years ago. Every Retail Company understands this. The Pandemic spending was "Temporary Stimulus". I don't really understand why this is difficult to understand?! What we care about is having healthy home owners, which means you are not house(or apartment) poor. Home Depot is all in on housing, and so am I. Over the long term housing will generate a positive ROI. Interestingly enough, there are A LOT of homes on the market in plenty of places UNDER $150K, $100K, and $50K that are turn key or fixer uppers. Yes there are, so look around. These homes may not be in the area you want, but they are there. So it's your decision. I would rather live ~1 hour away from a major city in a house now worth $200K with a $100K mortgage because I fixed myself with a low mortgage, than pay $3000 in rent just to survive in "the city". Despite that, DO NOT buy something you can't afford (turn key or fixer upper). If you can buy and deal with a fixer upper, then go ahead. You will build out your home the way you want, learn how to fix problems, and you made a major investment in your self and your home which is now worth 1.5x - 2x it's price when you decide to sell.

[@leondonald]

High interest rate causes house market declining, less people are buying houses. more empty comericial buildings are converted into residential condos wich results in rental declining.After covid, more people are working at home, artificial intelligence technology has eliminated many office jobs, and commercial buildings are vacant and converted into apartments.

[@donna_martins]

With rates climbing like never before in ’23 coupled with uncontrollable inflation, and our own mortgage at now 7.5% what are the best alternatives/strategies for avoiding a crunch and maximize my $200k savings other than moving in to an RV with my two kids and wife.

[@Walter_hill_]

You are not alone we can no longer afford our mortgage, wife wants us to travel or relocate/I am proposing cashing in, walking away and renting while putting the rest in the stock market.

[@robert-1miller]

I believe that for the market to normalize, there must be a minimum 40% decline in home prices. It is advisable that you get advice for appropriate portfolio allocation from a knowledgeable advisor if you are unsure about purchasing a home. That's how I've managed to survive for the past five years and accumulate about $1 million in investment returns.

[@Trevor_Morrow_LTD]

I would be happy to hire someone with a good reputation. How can I locate and thoroughly check them? We started thinking about the concept because we have a family lawyer who has periodically mentioned fiduciaries and we know how valuable they are.

[@robert-1miller]

Vivian Jean Wilhelm is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

[@RavenClaw888]

Corruption and greed will ultimately destroy the USA.

[@user-lf2lf6wy4z]

Capitalism on steroids

[@edlawn5481]

It's already destroyed.

[@airheadusmc3821]

​@@edlawn5481 can't destroy what's already destroyed

[@SirGeorge8600]

No need to prophesize, it's actively happening...

[@francismarion6400]

@@user-lf2lf6wy4z There's nothing Capitalist about FJB except for his family enriching themselves while selling us down river.

[@nogames8982]

Stop sending money overseas. Do a 10 year spending freeze for other countries and get our own country back in order.

[@gregh7457]

stopping purchases of made in china products would be far more effective strategy

[@SSNESS]

Trump spent $150 million playing golf

[@Dorian_Gray83]

⁠@@SSNESS Biden spend $80 Billion on foreign aid last month

[@seanb2995]

​@@SSNESS get some help

[@bobs5596]

@@seanb2995 he's fresh off the trump jury and back in momma's basement.

[@suzannederringer1607]

Groceries cost more every WEEK - not every month.

[@MileyHumphrey-ql4jp]

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.

[@Joseph-zw3sb]

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.

[@Sarah-ui3vd]

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.

[@Anthony-bh6dd]

I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

[@Sarah-ui3vd]

Just research the name Angela Lynn Schilling. You’d find necessary details to work with a correspondence to set up an appointment.

[@Anthony-bh6dd]

I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

[@starletsatori8933]

Cutting the payroll pork out of federal government would go a long way.

[@gormenfreeman499]

Suburb infrastructure is pork. People living in tuis single family homes don’t pay enough taxes. You’ll see potholes in the roads, and lack of police coverage, education coverage, etc more in the future the suburbs bankrupt city budgets.

[@rickcouture2156]

what about cutting spending on illegals? citizens first? it is twice a crime whats happening

[@SSNESS]

Trump added $8.4 Trillion in debt

[@SSNESS]

The real debt is $155 Trillion

[@AlenAbdula]

​@@SSNESSevery time someone says cut spending for something it reminds me of a Mitch Headberg joke... “I went to a pizzeria, I ordered a slice of pizza, the fukkr gave me the smallest slice possible. If the pizza was a pie chart for what people would do if they found a million dollars, the fucker gave me the "donate it to charity" slice. I would like to exchange this for the "keep it!"”

[@annagarza7299]

This country was built by IMMIGRANT’S people seem to forget that 🤬 everyone that lives in this country are here because one of there ancestors made the long trip here to the new world 🌎

[@sneed915]

We are way past that even having a dent in any of the debt

[@lbaker3602001]

Going to a thrift store their prices are almost a high as regular department stores. And they get their crap for free.

[@TrueBeliever6491]

greed has gone to seed..

[@Kuulei265]

I agree. I often shop at our local thrift store. These are “donated” clothes and they are pricing things at almost a two to three dollar increase.

[@shayscott7498]

I know! I only go on days for senior and when you get a discount for "color of the week."

[@user-os3qm3nb2k]

I've seen thrift store items priced higher than an original price tag on the item

[@nogames8982]

Goodwill is no longer a charity. It is for profit now.

[@pinschrunner]

I go grocery shopping once per month so I notice the leaps in prices more than others. It is shocking

[@annahgibbus8]

I agree I shop once a month also & it's a surprise each month.

[@mikesrandomvideos]

99c only CLOSED....Dollar tree bought some of their leases. But they are closing several stores in High crime areas. CA is going to hell.

[@dertythegrower]

Metal Leo proves this and shows all the closed shops... weekly..

[@mikesrandomvideos]

@@dertythegrower love leo...I may meet up with him and do a walk.

[@windhammer1237]

All by design.

[@goclunker]

we aren't going to hell we are already in hell. I moved to CA 10 years ago. This is not even recognizable.

[@jimmysjohn141]

The dollar tree is literally not closing because of high crimes. It's actually documented in their financial record that most of those stores are not seeing foot traffic.

[@_Elizabeth_theMaid]

We don’t need help! We need them to get out of our way!!!

[@heisrisen560]

💯💯💯💯

[@marc639]

High prices, low wages, no food., high gas prices, no public trains

[@KorthyV2]

I can’t imagine the economy not slowing down. The fact is so many people are priced out, with many more on the verge. A small percentage of Americans being able to thrive doesn’t make it sustainable. Waiting for the first domino to fall. 💯

[@EvySurvived]

Domines are falling in all directions

[@KorthyV2]

@@EvySurvived bigger domino.

[@grimaffiliations3671]

Most households in the US own their home, have a retirement account, are employed, and are seeing their wages grow around 5% nominal. That's enough income growth to keep the cycle going driven by spending at current rates

[@anowerulazim4381]

@@grimaffiliations3671 5%? What sectors?

[@grimaffiliations3671]

@@anowerulazim4381 the average wage across the economy

[@SFsurf]

Wow 1.9 million for that place? Looks like a 260,000 dollar home at best

[@90Z321]

1.9 million for the little dump!? OMG. The 1970s called and they want their house back

[@etienned.840]

I believe it's the land it sits on that's costly.

[@novadhd]

yea what a steal

[@johanndork5364]

19$k a year property tax. Going up. Yikes.

[@MrAlfredAlfredo]

a local Broward county politician once said greed has no limits.

[@brendaechols5929]

We have truly seen it the last 10 years.

[@SSNESS]

The bankers stole $100 Trillion and all the gold

[@jayha7071]

None of these yahoo's running for office on a federal level even talk about reducing spending.

[@kaohsiung99]

Ever heard someone say, "How will you pay for these tax cuts?" So Bizarre. We CUT spending. It's a TWIN WIN.

[@grimaffiliations3671]

Cutting spending is bad for the private sector. Government deficits = private sector surpluses

[@MichaelBordenaro]

Nope, even though that’s the most important thing

[@francismarion6400]

​@@kaohsiung99Pay for tax cuts? lol

[@jayha7071]

@@grimaffiliations3671 for the military industrial complex

[@KennyRogersRoasters84]

Being energy independent again would be a start. When the price of Diesel comes down so does inflation at the grocery store. Terrible energy policy is a big reason we are in the situation we are in as consumers.

[@bhuff123]

When it comes to politicians, there’s no such thing as an honest politician. I know they lie most if the time

[@chicago-l9125]

Yours is probably one of the few factual comments that's been made regarding the content of this video. I would dare say most thinking people pretty much know how true your statement is. Whether it is the "far left", "far right" or "in between" (independent), it all amounts to pretty much the same outcome. So, I can't help but wonder why people keep putting their trust in institutions, political or otherwise, that they know all rest on a foundation of either half-truths or outright lies.

[@inkbold8511]

It's the result of democracy, I hope more ppl will realize that democracy as a form of government does not work as it kept lead to corruption and oligarchs on the top while your votes matters little.

[@coleycole5344]

Right. Expecting an honest politician is like expecting to see a football game at a baseball stadium. Not gonna happen.

[@user-pe2cm3gq5d]

Plenty of honest politicians but the system, over time, corrupts them. As they say… “You play the game or the game plays you”.

[@Thyalwaysseek]

@@user-pe2cm3gq5d Maybe in the lower levels but no high level politician was ever honest.

[@MrORANGEMAN1966]

How about cutting foreign aid hundreds of Billions to Ukraine and other countries ? why is cutting always has to do with our needy fellow Americans ? Americans love to blame the needy and the struggling working class !!!!!!

[@TV-xv7bn]

Yup. As well as cutting billions of our taxpayers $$% to Israel. Would Israel or Ukraine send us their taxpayers money if we r in trouble? I mean we already are.. but I doubt that they would try to offer us some money..

[@p.granger8824]

I’m not going to debate your central point, but compared to how much money this government wastes that stuff is a drop in the bucket. You have people Over Here abusing every program -poor or rich. EBT for Door Dash?? Are you freakin kidding me? Let’s talk responsibility and cutting first. Some stuff happening here is enough to make you scratch your head, is there Any Common Sense?

[@user-lf2lf6wy4z]

Or maybe not giving tax cuts to the wealthy

[@racay9082]

We are still giving and spending like when we were a rich nation. The goose that layed the Golden Eggs was killed.

[@Glovemanification]

it's not real money... that's why they can do it. Just zeroes on a computer screen sent to well connected vendors providing goods and services to foreign nations.

[@patrickhale2087]

As an electrician working in Denver, I am seeing work slow down as I have been predicting it would. I have spoke with drywallers who have talked about being out of work for 3 weeks. The next President will either slow the bleeding or rip out our hearts and hand it to terrorists.

[@silkscreenart5515]

Denver has turned into a ugly hellhole.

[@filmbuff4]

@@silkscreenart5515 i live 2 hours north in the middle of nowhere near Wyoming...have zero regrets.

[@jgringo5516]

It’s slowed down everywhere. I know plenty of engineers here in Texas who’ve been laid off/fired, and they can’t land another gig right now. One of them is 2 years out from Texas Tech. He received a $20k bonus and $85k starting 2 years ago. He had to move back in with his Dad (my coworker). Our company stopped hiring 1.5 years ago. No furloughs yet, but I’ll be surprised if we don’t start this Fall.

[@ro6742]

We’ve crossed the event horizon of this financial black hole. There is no coming back from this without a lot of pain. This is what they’re talking about when they say we are destroying our children’s future.

[@silkscreenart5515]

@@filmbuff4 2 hours make a world of difference. I'm jealous.

[@mikieemiike3979]

I'm in the copper and gold businesses. How to correct the economy: slow dollar printing, increasing fracking, implement tariffs and bring back manufacturing to the US.

[@jimcrawford3185]

Wonderful ideas Musn t happen

[@mikieemiike3979]

@@jimcrawford3185 Dollar is backed by oil common sense says keep extracting oil.

[@msdella4253]

Yes!!!!!

[@Graceciade]

Getting my own Truck has always been my Dream for my business. I just acquired 2 recently, earning $32K bi weekly has been really helpful. I can now give back to the locals in my community and also support the Church.

[@Christianagrace56o]

Congratulations!! The scriptures clearly states there's going a transference of the riches of the heathen to the righteous.God keep blessings you

[@Christianagrace56o]

But how do you make so much in a month? mind sharing?

[@Graceciade]

Thanks to Deborah Lee Clark.

[@MariaOrtega-pt5px]

Really feel your pain, when I was even almost down my God sent to me Deborah Lee Clark services cryp to me and changed the game automatically

[@DonaldsonHelget]

I've always wanted to be involved for a long time but the volatility in the price has been very confusing to me. Although I have watched a lot of KZbin videos about it but I still find it hard to understand.

[@kingglizzer]

Something is only worth what someone else is willing to pay you for it.

[@alexlopez5800]

Exactly. I think that everyone is realizing that the housing market is so artificially inflated.

[@garyrindt9863]

That makes sense

[@bovnycccoperalover3579]

Look up the 1999 "Affordable" Housing Act. As much of a disaster as government taking over student loans.

[@user-os3qm3nb2k]

The problem is that so many people are still buying what may be over inflated houses

[@user-xg6yc8ho3w]

When it comes to groceries, it's hard to not pay the prices.

[@jameslewis8690]

GUY IS BRINGING SOME GREAT N-FO , BRO WITH OUT U TELLING WHAT'S HAPPENING AROUND THE COUNTRY ALOT OF US WOULDN'T NO , THANKS FOR THE TRUTH .

[@MichaelBordenaro]

My pleasure

[@ihave35cents95]

@@MichaelBordenaro there you go Michael giving excuses to the lazy to continue to be lazy. Great job. We’re going to start calling you, Dr. doom and gloom.

[@delinquense]

CAPITALIZATION... What happens when Mommy and Daddy didn't pay enough attention to me as a child!

[@pinschrunner]

buckle up buttercup. You won't last a minute when SHTF if you are afraid of/triggered by CAPITAL LETTERS 😂🤣sad

[@ebonneenelson2325]

This shrinkflation is crazy. I notice my youngest daughter’s diapers are not as absorbent as what my oldest daughter used to wear. It’s the same pampers brand with the my little pony design too. I noticed the difference because I used my oldest leftover diapers on her. I have to change my youngest more frequently than I had to change my oldest. Both girls are 18 months apart so you would think the diapers would be exactly the same.

[@Stephanie_12345]

Sad. Companies making huge profits while producing subpar products.

[@Laney_75]

Diapers are a huge monopoly market. Just not enough competition to keep prices reasonable & quality decent.

[@snicole042]

My friend and I noticed the same. We outsourced all of our production to the CCP. Then “progressives” created rules effectively eliminating entire industries making independence a pipe dream.

[@Falconlibrary]

That is SAD, my friend. Just a really crappy thing to do to parents and babies (no pun intended) I love canned refried beans. I've noticed that recently, they're very watery--the companies are added more water to them to keep the weight the same, but you're getting about 90% of the beans you got before...at 120% of the previous price.

[@1st-qt9ce]

The price of eggs tell me that the economy is in trouble.

[@filmbuff4]

and bacon

[@wreckloosecibblecaboot]

toothpaste is 17.99 for a small tube in my area. i agree with you

[@darthstarone3532]

Not an election but a selection by the club your not in 😮

[@chill_will8122]

New York is garbage 🗑️. Yeah,I live here.

[@filmbuff4]

all major cities in America are garbage now...i recommend moving to the country.

[@giantclam1822]

Me too......NY is dump

[@silkscreenart5515]

Ah yes, beautiful Ridgewood Queens. Garden spot of the world.

[@wesleybarton3871]

Like a drowning person trying to climb into a boat, getting shoved back under just as they almost get in.

[@debbiecreter2005]

Great analogy!

[@juneberries4240]

Anyone notice how there are fewer ads on the shopping carts at the grocery store ?? Companies aren’t paying to advertise, and so I’ve seen half the carts with the black plastic ad space , and half the carts with ads . Also, did anyone have a bbq for Memorial Day ?? Can’t say I’ve seen many folks doing a cook out lately.

[@autobotdiva9268]

nope, didnt see any memorial day ads. nobody bbq on my street

[@JustanotherLisa]

We never celebrated any holidays

[@TrueBeliever6491]

no cookouts this year

[@user-os3qm3nb2k]

I've noticed a lot more attorney advertising

[@ERVC281]

attorneys advertising bankruptcy are high

[@silkscreenart5515]

Hi Michael. I just lost my job to a "Privatr Equity" investor. Five wasted years for nothing. I'm 66 and you want me to get a side hustle now? For what? chump chamge? I wanted to make it to 70 but some prick made my decision for me. If it was only so simple. I know what is to be young, but you don't know what it is to be old. It ain't that easy.

[@Falconlibrary]

I'm so sorry someone did that to you. I was a teacher for thirty years and retired early, but the truth is, I was pushed out--the new admins thought my salary was too high and they made my life a living hell until I couldn't take it anymore. I didn't sleep well for a year because of the stress. I once had a dean who said "I'm going to give you one piece of advice: don't get old." I didn't understand what he was talking about until it was my turn. I hope you're able to manage a decent retirement. Overseas may be an option for you if the US cost of living is too high. Take care.

[@silkscreenart5515]

@@Falconlibrary Thank you for your kind words and encouragement. I'll be OK, I'm a former New York knock around kind of guy. What hurts is I enjoyed working and being part of the living. It seems being productive is frowned upon. No point looking for a lucrative job now. No one wants to hire a 66 year old man. You always hear about these kind of stories, but they are true.

[@vanderumd11]

​@@silkscreenart5515yea, it's not a wise businesses decision to hire old. Old people simply can't work as hard, need more time off and typically have an attitude

[@Evandaman1]

That guy in the last video was such a tool. He literally said that if you have spare cash you put it in real estate right now because of inflation. Great advice. Put all your cash in an asset at it's all time high. What could go wrong...

[@GeorgiTanov]

Although I have interests in global economics I don't watch the news anymore... I have enough FUD lol. Thanks for this news and offering your insight on how to navigate during unfortunate times/events like this. You're right about keeping level headed when investing so that's why I think it's important to limit the amount of FUD we consume. I don't watch the media but the news that you present has enough to know issues going on without riding the emotional rollercoaster if I were to watch the news everyday. Now I buy and just trade long term more than ever, I have made over 16 btc from day trading with Kerrie Farrell in few weeks, this is one of the best medium to backup your assets incase it goes bearish...

[@PatchettStalls]

As a beginner, it's essential for you to have a mentor to keep you accountable..

[@CsokiBabi]

I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this...

[@TedStalets]

Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience..

[@rogercav40]

I rather invest my money on crypto. Bitcoin trading is great unlike the stock market and other financial markets, bitcoin has no centralized location , since it operates 24hrs in different parts of the world...

[@JasonGavino-dj6ze]

On the grand scheme of things, once you understand the potential of trad!ng, you can bet on it but I think people need the education to fully understand...

[@deborahilyia1125]

YOU give a totally different take on the economy than the other so called “experts”! I TOTALLY AM ON YOUR PAGE! Thank you!❤

[@JustanotherLisa]

He’s not always right . My entire family lives in Florida and some of the stuff he says is flat out lies . Like that BS about Cleaning ladies and butlers making up to $150,000 in Florida . Tell that to my family who do this for a living and can’t get paid more than min wage. And yes they are experts and have been working in cleaning jobs for decades . Literally DECADES . Nobody is making decent money as a cleaning woman . NOBODY . And what the rich do is call the cleaning agency ONCE. Then they just steal the cleaning woman, she ends up working for the family and soon they will have her cook, and take care of their brats as well as clean and the woman can’t leave coz her employer knows she is working for some rich family and won’t hire her back . She’s been black listed . So either u stay working for your employer who’s keeping most of the money or u allow yourself to be stolen by some rich family, who will use and abuse u, IF you’re extremely lucky u will find a good family. But that’s rare . Ppl never leave those kind of families . Literally never. Florida is even worse than my NJ. And my hometown of NYC where Im from, is even worse. I haven’t gone back since i moved here by the Jersey Shore.

[@Kevfactor]

Im not an expert but I think the problem is these big companies are making record profits that is masking the depression. The average person is making a terrible wage

[@roosatlgany7622]

Are those so called record profits adjusted for inflation? NO! Everything must be adjusted for inflation.🤦🏿‍♀️🤦🏿‍♀️

[@vanderumd11]

Depends on where you are

[@jasminecrandall2262]

Clearly, the economy sucks and people are buying less. The local Lowe’s near me hardly has any summer furniture out on display compared to last year. However, I have no sympathy for the corporate bottom dollar. They’ve been gouging the hell out of consumers since the pandemic. I’m talking about way after the supply chain was up and running again.

[@ottofarago2690]

Just had the misfortune of driving back and forth from Eastern CT to smack middle of Manhattan NYC. In Manhattan right across from the UN building and some consulates in an Irish bar we had lunch. The lunch specials, soup or small house salad and a burger, salad or sup and cheese steak. Fries, pickles etc. One import draft one gin and tonic. Bill $56 and change. Burger $14.95 cheese steak $16.95 NOW... In a rest stop McDonald's on I-95 in CT, meal deals $16.99-17.99-18.99-19.99 and some above 20 Bucks. Obviously, no alcohol. I'll be damned if I paid them those prices as opposed to sitting down to a table, real plates, real silverware. They went just too far with this "transitory inflation" BS. I happen to make NOMINALLY 30%less than before the Pandemic B S. WHERE does that leave me in real terms?

[@Falconlibrary]

Up some kinda creek without a paddle. Welcome to the party.

[@GabrielHill1]

There is no other way to go about this other than lowering taxes and prices. They can say whatever they want, but this IS the reality of it all. Raising prices is only going to keep people in a bad spot, and it isn't fair. If we could control it all, we'd be in a better place.

[@sierrasky2491]

I stopped probably 80 to 90% of my spending unless it's on necessary life sustaining things like food.

[@mirceacrisan4108]

do you have children?

[@sierrasky2491]

@@mirceacrisan4108 you caught me. No I do not. Even with children there are still a million different ways you can save on spending. Good luck to you.

[@woodrmp1]

Everyone is doing this. We can’t hardly sell anything on FB marketplace or other online sellers lately. I’ve got a nice boat listed at a fair price for a couple months now. Only 1 person inquired!

[@sierrasky2491]

@@woodrmp1 sam. I'm trying to sell smaller things in my home that people might afford like bicycle pumps that are brand new, even shoes. I get great shoes for about 1/10 of the price online.

[@Superchargedtio]

I’m a truck driver I move things from freezer foods to can foods , this has even slowed down. I’m used to making about 1500-2000$ every week. Now I’ve been seeing more like 600$ -1500$ a week and that’s terrible for a truck driver . My last check was 800$ my next check will be less then 600$ . This economy is making me feel sick

[@garymcgovern1423]

If I wrote down all the local businesses that have closed here in my town here in Massachusetts in the last few years it would be quite a list . It's incredible what's going on.

[@rknow78229]

Home Depot got too Greedy, price gouging their customers now the chickens have come home to roost. I have no sympathy or empathy for any of these corporate greed companies.

[@Anne-LiseH]

So it wasn’t paying $600 to people to stay home during Covid lockdowns? I’ve heard businesses tell me that they couldn’t hire delivery people because make more money staying home.

[@buzzk8305]

Their job is to make the most profit for their shareholders. No one is forced to shop there, why do you think they are greedy?

[@nicklll4477]

And I'm willing to bet you're also greedy in wanting more pay. Learn how to run a business and see how it works out.

[@pinschrunner]

Nardelli did a good job but I am avoiding the Home Depot and Lowes because they are now astronomically priced

[@msdella4253]

Please study how the economy works

[@Bob-cd5pp]

We will ALL be paying 50% taxes soon

[@adamvoorhies6042]

Many of us already do!

[@youarethecreator1]

We already do when you add up everything.

[@RockoRocko-rz7kx]

U must be Canadian 😂

[@adamvoorhies6042]

Nope, just high tax bracket

[@ChelseaBullard]

*Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $12,000 and got my payout of m $270,500 every months,God bless Christy Fiore 🇺🇸🇺🇸🇺🇸..*

[@ChelseaBullard]

Thanks to my co-worker (Carson ) who suggested Ms Christy Fiore

[@Josephmaigue-ju5ib]

She's a licensed broker here in the states🇺🇸 and finance advisor.

[@Josephmaigue-ju5ib]

After I raised up to 525k trading with her I bought a new House and a car here in the states🇺🇸🇺🇸 also paid for my son's surgery….Glory to God, shalom.

[@MitchelleMaczoch]

Same, I met Mrs Christy Fiore last year for the first time at the conference in Manchester, after then my family changed for the best, God bless Christy

[@DanielClooneypy4oz]

*Sure!! Here’s her line*

[@D3Pr0ps]

They need to cut the student loan forgiveness. You asked for the debt, you pay it.

[@bluemax2072]

No we need to cut the war on drugs in America to much money is being spent on this bs.

[@kenpompo7722]

this is feeling more like a depression, if you're a contractor you know how slow it's been, ppl aren't calling you to fix their homes anymore because they're broke, it's been down at least 50-60% compared to last year and the gov, keeps lying to us.

[@EvySurvived]

Life in America will never be the same

[@nesq4104]

​@@EvySurvivedthat's what the native Americans said

[@user-kq6sh8tg5f]

​@@EvySurvivedYeah, it's not going to come roaring back like it did after the GFC. That was all due to deficit spending us out of it but we're too far in the hole to do that again.

[@blackworldtraveler3711]

I’m having my home fully remodeled later this year with cash.

[@francismarion6400]

​@@nesq4104The Seminoles own all the Hard Rock hotels and casinos.

[@HotspotsSoutheast]

I laughed when I saw the lizards go running behind you in the driveway at 2:50. I enjoy watching your videos, not just for the info but the scenery. There are other KZbinrs who copy your style of video but the scenery and delivery are just not the same. Thanks for doing all this.

[@SFsurf]

I have no problem with the government handing out money to Americans( responsibility), I don't like seeing our money going to other countries (Ukraine)

[@Mishkafofer]

Ukraine is European South Korea. Same playbook.

[@AlenAbdula]

People in these comments are so dumb when they say we sent billions to Ukraine they mean they invested in factories here that build weapons and then send them there. It actually creates US jobs. This is not the problem it's the taxes on the wealthy and the corps. You are paying for their part

[@cityboyis2]

Did you forget Israel as well.

[@BusyAir]

here a debt, there a debt, everywhere a debt debt

[@Falconlibrary]

I owe, I owe, so off to work I go....

[@janemiller8335]

There a buck here a buck I am out of buck bucks.

[@richardb.7054]

I agree we're in such a mess, it will take time and pain to get back on track. Nevertheless, our current crop of government leaders have created this mess, and they have to go.

[@johnjaco5544]

This has been going on for over fifty years,both parties envolved.

[@waynehewett4017]

When have politicians ever not lied

[@snicole042]

When they were tarred and feathered.

[@billyjoesmo8251]

The one fact that keeps bothering me is next year we will say remember last year when we had good times😢

[@1995RangeRover]

Yeah... we're pretty much screwed.

[@Thyalwaysseek]

Pretty muchh? ...it's baked into the cake.

[@kkirsch3583]

No; a lot of that money is being sent overseas and not to our friends.

[@troygoprostuntzpearman8459]

It all goes to the contractors like Raytheon, Lockheed, etc.

[@Richard-go7jr]

Joe and Kamala say don't believe you're lying eyes

[@illuminatedGaming33]

Your*

[@epictetus2574]

Hi to everyone, I am not from the US, but I think that whatever the country and whatever is its current financial situation, some of the best and ever useful ways to protect yourself from scenarios like this are minimalism (in every aspect of life) and a "boring" life, whether the economy is doing well and not.

[@njseashorechas2698]

I've noticed that at my Local Home Depot and Lowes in Manahawkin, NJ today. The busiest departments in both stores was the garden dept. The lumber dept was dead!

[@sammythompson3694]

Trump wouldn't be in the same situation, because he would have never turned off the oil pipelines.

[@nicklll4477]

And yet you forgot to take account that he also increased the deficit, double of Obamas. Where were you then?

[@jays1079]

Lol. How uniformed are you? What pipeline was "turned off"? There's more oil being produced under Biden than Trump. C'mon man. 😂

[@Laney_75]

FTC just charged a Texas oilman of collusion with OPEC. Nothing really new, but they throttled production since 2021 to price fix the whole market. Besides for 1B to Don's campaign (legal fees) the oil tycoons can do whatever they want.

[@annahgibbus8]

​@@nicklll4477 I was very surprised to learn that. You are correct.

[@williamrice4608]

People will have to relearn the Great Depression lesson of how to get by and make do with a lot less.

[@francismarion6400]

Copper wiring is now at a historical high.

[@danielle1103]

Yes it is!! My local news station has done many reports on it happening in and around the metropolitan area.

[@gregh7457]

copper is the new gold. get out there and getcha some of that

[@oliverlathe]

And its all locked up on a shelf behind a cage,......hmmmm,I wonder why🙄

[@francismarion6400]

@@oliverlathe Sometimes

[@JP5.0]

I went to a couple of coin shops today and both are seeing a lot more customers cashing in their coins and jewelry just to pay for things in the past month.

[@grimaffiliations3671]

You'd expect people to max out rhir credit cards before they get to theappoint, which they haven't been doing ,

[@class1188]

Sad ...😢😢😢

[@H4I2I2EE]

Gas prices being high had a domino effect of everything else costing more, no? They now know there was collusion in terms of price gouging at the pump. Inflation is basically just corporate greed.

[@MichaelBordenaro]

Absolutely

[@francismarion6400]

There's no definition for gouging. Gas is high because of the bs California is doing against refineries and fossil fuel in general. Coupled with Biden's no new drill lease policy and shutting down coal. Putin is getting more for his oil now than ever. FJB did that.

[@francismarion6400]

Putin is gouging you. lol

[@Anne-LiseH]

If all commodity prices rise what should businesses do?

[@francismarion6400]

@@Anne-LiseH Buy inventory before it goes up.

[@briawaller2774]

Everything you listed that would be cut needs to be cut. Welfare is far too easy to get.

[@user-os6zw1xb6s]

Gotta look after Ukraine. Can't believe people fell for that too.

[@sasapopadic384]

Oh, there is more than that....😊

[@justme2272]

We didn't. These are the same law makers who put in the constitution that a certain group are only 3/5ths of a human. Not 1 person has challenged that. Injustice always backfires.

[@edlawn5481]

If you think you can trust the government, ask an Indian.

[@Earthly_Being]

I stopped shopping at Home Depot because they don’t have enough check out lanes.

[@user-lf2lf6wy4z]

Price gouging and eliminating jobs. That's the corporate way.

[@clarkdavis5333]

Its $17.00 for an 1-1/2" ABS pipe cap at Home Depot right now. Probably a $.05 piece to make at the most...

[@robertmanley2687]

$9.00 for a gallon of bleach

[@francismarion6400]

Remember the train derailment in Ohio and the plants burning down in Texas?

[@johnjaco5544]

And from china

[@ihave35cents95]

Raise your prices boys that’s how it goes. That’s what we call inflation This should not hit you in the pocket at all.

[@Scrat335]

Raise your prices and people can't afford your services. Think things through.

[@jamesdavis9931]

I’ll let go of all my employees in 2022 the state mandated sickleave act so I had to give my employees 30 hours of sickleave and just the paperwork for the sickleave was going to cost me an extra $12,000 per year for my accountant to handle all of paperwork required so I just said to hell with it …. I make more money by myself than I did with five employees after the state got their taxes and all the BS they’ve started doing lately.. like raising my auto insurance rates on my work trucks Workmen’s Comp. rates everything . in a matter of one year I went from profiting $150,000 a year to losing $2000 a month after four months of that I said no way I’m done..

[@maryfischer8568]

Wow-that is absolutely despicable that the gov is destroying us at every turn. All while they spend and put US in debt.

[@gccheryl4038]

My heart goes out to you man. Really sad to read. Small businesses are being hurt so badly.

[@stevenpage8847]

I run a small business and I have people constantly asking me for work. It’s not worth it for me. It’s sad, but I’m not hiring anyone.

[@youarethecreator1]

Plus some of the loans that were supposed to be forgiven, the banks changed their mind and said we had to pay it back.

[@NicoleJohnson-si1fh]

Relentless effort and modesty deserve applause. Well done!

[@joycedudzinski9415]

Silly

[@LittleMopeHead]

Bot comment. No heart for you.

[@janedoe1404]

I wanted white plastic chairs to match my white house. The ones that i wanted cost $250 a piece for plastic. Went to Wal-Mart and bought what they had for $15 a piece. Not white.

[@teresahunt5521]

Exactly. I'll sacrifice a "want" to save money every time! I bet your new chairs do the job just fine. If anyone judges you based on the color of your plastic chairs....they are an idiot and most likely had to finance their own plastic chairs on a credit card. You friend are winning!

[@stevenpage8847]

Paint em.

[@annahgibbus8]

​@@stevenpage8847 Yup Rust-Oleum 👍

[@shannondavis5728]

i don’t care if they cut most government spending programs because I never qualify for any of them anyway and when i did @ one point the agencies would tell me they ran out of funds!!!!😡😡😡😡

[@efraincorpus8777]

Walmart "Great Value Brand" has raised their prices already as well. Doritos is insanely priced, Great Value Nacho Cheese Bag was $1.25 and its now $2.50 (just an example of the things I've noticed at Walmart)

[@actualfacts1055]

You need to create your own wealth, don't expect the Government to do it for you.

[@Howardlifts]

Weimar problems require Weimar solutions

[@grimaffiliations3671]

What weimar problems do we have lol

[@Howardlifts]

@@grimaffiliations3671 all of them

[@cynthiawylie3584]

The Weimar German republic collapsed when Franklin Roosevelt called in all German debt to the USA. France, was flush with gold and silver reserves but refused to help Germany. The end result was Hitler was elected and we know the rest.

[@giselawatson2203]

My grandpa lived it. Born 1890. He really did need a wheelbarrow of money to get a loaf of bread.

[@dannyroberts9807]

You calling for naziism? 😮

[@immasher2139]

As Tonald Reagan said once, " Be aware of these words: " We're from the government, and we will help you." It's not the exact quote, but y'all get the point!

[@Jenks1]

Loved it yesterday just freestyle jamming with that CEO. More of that haha!

[@MichaelBordenaro]

If I run into more of them, I’ll be sure to do it

[@aaronjaggers3117]

Anyone notice were the only ones getting hurt !!! Not one politician had to tell there kid im sorry we got to sell the house and you can’t go to Ivy League school

[@dallaslooksmaxxer3505]

I just landed a $82k/year job. The highest paid job I've ever had. And once I realized I'll only be making $1700/week gross (LOL), I still feel like I'll be poor after taxes and the incredibly steep standard of living...

[@sct4040]

That’s $6,800 a month- $2,500 rent= $4,300 for utilities, food, student loans, necessities, savings. Unless you have kids, you are doing fine.

[@nomadnationalist2776]

@@sct4040Umm, hello, TAXES? Income tax (fed plus 40 states), property tax, sales tax (45 states), and excise taxes (every state on gasoline, alcohol, tobacco, marijuana where applicable, and even sometimes on energy and cellphone bills as in CA).

[@nomadnationalist2776]

Drive a used vehicle, don't waste much on vices (alcohol, tobacco, marijuana), minimize luxuries like expensive lattes, ditch the TV "service", don't buy lottery tix or otherwise gamble. Get a grip, man.

[@dallaslooksmaxxer3505]

@@sct4040 that’s 6800 BEFORE tax boyo. It’s gonna be more like 5000/month. The job is in Miami. So yeah.. half of my paycheck will be eviscerated on rent… At a $82k salary! Think about that. Absolutely brutal!

[@dallaslooksmaxxer3505]

@@nomadnationalist2776 that’s the thing though… I’m already a minimalist as is (always have been). Like… things should be getting easier and more comfortable. I’m 34. I want a kid. I want to invest this salary into a family so that everyone is stress free and can grow up comfortably. This MIGHT be possible with $82k/year (especially if my potential gf/wife makes some money too), but this ain’t the 70s/80s no more. Having a big house, two cars, an stress-free life and 3 kids just ain’t in the cards for us anymore… EVEN if you make $82k/year!

[@radiantsmiler3689]

Also, Home Depot’s prices use to be competitive. However, they are too overpriced now. People have suggested Lowes with much better pricing.

[@BeardedVeteran1776]

And military discounts 🪖

[@gregdean8441]

Thanks for your informative videos much appreciated viewing from Australia 🇦🇺.

[@MichaelBordenaro]

Thanks for watching!

[@kaydublin5164]

God forbid these ppl want their “freebies” go to work .

[@ihave35cents95]

No shit it’s supposed to be a real estate channel and all you have is people complaining about the price of a burrito it doesn’t make sense

[@BEHEMONAUT]

It's funny you say that. Monday of this week was Memorial day, so no mail. Mail was delivered Tuesday at 7 PM. I'm one of the last houses, if not the last, of the day. Lack of staff? If so, how? How, when I can go on indeed and see that a job for a dishwasher at Denny's has hundreds of applicants? How can they not get people to deliver mail for 25 dollars an hour, but Denny's is so overwhelmed (with applications for 15 dollar an hour jobs?) And over worked that there are also management position(s) posted for the same store. I mean really try to wrap your head around this. Saying it's just people trying to stay on unemployment isn't good enough. The problems seem so simple to solve, but somehow they are unsolvable. It's a social wedge. No one has any real incentive to care because identity is all anyone has anymore that offers any kind of a thrill. It's being abused like crack; we're going wild, we don't care about the consequences. Solving problems is important sure, but it's someone else's job, and like Greta, we don't offer or expect solutions, we just demand them, especially during election season. God bless the stonks and the batchlers degree, line goes up for good girls and boys, unless they are ugly or smell bad. Amen.

[@sharonjones5173]

You mean like Congress? Or the military, that gets 800 BILLION of the federal budget?

[@poonetidestroyer8955]

Pay enough then people will go to work

[@nicklll4477]

​@@poonetidestroyer8955lol learn how to run a business and let's see how much expenditures you're going to spend and the rest to pay workers.

[@FortniteOG420]

Its no wonder they're losing money, OSB was $24 a sheet, ain't nobody except contractors gonna pay that much for glue and wood chips

[@EvySurvived]

TY for the update on HD

[@MichaelBordenaro]

You bet

[@s99614]

Home Depot stock is too damn high!

[@marknewton6984]

Who goes to Home Depot anymore?

[@Howardlifts]

Better than Lowes but both suck

[@roynoccorina5022]

Bought it at 24/share.

[@LittleMopeHead]

Menards is my favorite. Too bad we don't have that here in TX.

[@marknewton6984]

Nor in Florida...😮

[@scottperry7311]

There is so much government debt that generations yet unborn will be paying this debt off. Its not only the vast amounts of money wasted by the government, its that a pretty significant part of the population gets free government money but does not produce anything. So they push up demand and compete with working class people for products and services and they do not produce products or services, classic cause of inflation. For instance the house across the street from me is section 8, they do not work, they have been given a house worth close to a million dollars, I am sure they get Snap and other programs too, and they do not lift a finger, while I and many other working class people have to work our butt off. Then they treat the property like garbage, they cause trouble in the neighborhood and some people are thinking of moving, because the Government is giving out money it should not give out and we are paying to by abused. Now because of government money that house is not on the market, which drives of property costs and keeps honest hard working people on the tread mill as slave labor while others who do not work and contribute for almost their entire lives get everything, and I mean everything including health care for free. They actually evicted some renters today in my neighborhood who were also trouble and from what I could tell were also section 8, and we live in a decent neighborhood but the government has to work to destroy it by being "Kind and generous" with tax payer money and lives.

[@grimaffiliations3671]

Future generations wont pay anything off. Learn how government finance works

[@wxxw-pc7qq]

Why ? To much thievery of government employees as well as billions given to illegal aliens not to mention paying off student loans if they were to stop criminal politicians from stealing there would be plenty of money. Our country is in deep trouble !

[@scottperry7311]

@@grimaffiliations3671 Yes it will be rolled over into new debt that will crush the economy and leave them poor. It will cause massive inflation, it will limit the ability of the government to function, it will cause massive taxes, it will cause a brain drain as people flee for a better life. So future generations will pay for it, maybe they will flee the burden of it so in that sense you are correct, but otherwise the price will be paid one way or another. The only think that has stopped this from happening yet is that the US dollar is the reserve currency for the world, if it had not been and when it is no longer the reserve currency we will suffer the fate of every country that has taken on unsupportable debt. We have been foolish, we have spent future generations money today for short term comfort. I understand very well how government finance works and I understand exactly what happens when it reaches its limits, there are plenty of historical examples of what happens when a country cant repay its debt. It can happen here don't think it cant.

[@p.granger8824]

Yes, they will just be on the mouse wheel. Well, maybe. Some Ex-Fed experts seem to disagree that you can continue unprecedented deficits forever. We haven’t been in this situation long enough to make any future predictions. It’s only been 50+ years, you can’t judge the outcome on that…

[@user-lf2lf6wy4z]

We did actually have a balanced budget at one time. When was that??? Oh, yeah. Under Clinton.

[@danmolnar6966]

Keep up the great work that you’re doing informing the average American citizen .

[@billdillon3886]

My wife, bless her heart, came from a well to do family that didn't spend beyond their means. She carried that frugality in our marriage and it has served us well. She has been on the phone all morning trying to get the insurance company to cover her colonoscopy costs. She knows what the policy covers and I'm confidant she will prevail.

[@cmh07d]

Colonoscopies are risky and are done under anesthesia. There is nothing a colonoscopy will tell you that can’t be assessed via a simple stool sample. The only difference? Stool sample is $400-a colonoscopy is 20k!

[@billdillon3886]

@@cmh07d I agree. But, she does what she wants and she knows the options.

[@robertlehouillier5497]

Government employees are grossly overpaid. Make an immediate 20% reduction across the country. .

[@woodrmp1]

Even worse in Canada. Cops making 130k + OT. 150k for a sergeant. Firefighters 100k+. Also teachers 100k+.

[@SFsurf]

The only things that really matter to me are the cost of housing, food and gas. Everything else to me is extra curricular.

[@marycollins8215]

Thank you.

[@dianewi1]

To me, there’s a couple of answers, not only curb spending, but work to get some of the money back from the Uber rich. That’s where all the money has gone. The wealthy has so much more share now that they did prior to the pandemic. It’s time that they pay taxes to make up for the shortfall, along with stopping this spending madness!

[@Laney_75]

Yes, look at tax rates of 1950-80. Reagan began trickle down. Complete hoax that eroded middle class.

[@garethwilliams4467]

why it's not their fault you aren't one of them. What right do you have to anyone's money via taxation. Why is it wrong to say what you can't afford you can't have .. be it food, medicine shelter. Who owes you anything ?

[@stevenpage8847]

You don’t get it. If they pay higher taxes, you’ll pay higher prices.

[@Laney_75]

@@garethwilliams4467 well they enjoy taxpayer subsidies from the government, millions, so them paying fair share is actually a thing. But heck why have a society? Everyone for themselves!

[@Laney_75]

@@stevenpage8847 already paying higher prices regardless.

[@aldarimana1743]

Australia's Home Depot is Bunnings. Shares went up 40% but now going back down.

[@davidqualls1336]

what sane person with money would pay 1.4 million dollars for that dump?

[@davidqualls1336]

i mean 1.895

[@dennyfie]

​@@davidqualls1336south Fla.takes in money from Latin America and many other parts of the world,they buy real estate and now they have washed money.

[@javaman7199]

I would pay that a quadrillion in Zimbabwe Dollars for it. That was worth an egg at one point.

[@frankiebflat5728]

with these rents so high , they are making a ton of money, and we are with no extra money, pretty sad

[@steelmill]

I don't spend money anymore as long as Biden is in office.

[@briefcomedy8747]

It doesn’t matter who is in office - they all put us further in debt and never cut spending.

[@user-lf2lf6wy4z]

Biden had nothing to do with keeping the rates too low for too long. He had nothing to do with supporting an ongoing war for twenty years, that we were lied into. That was rather costly. He didn't give tax cuts to the wealthy. He didn't try to shut down our health care system .......in the middle of a pandemic etc etc etc.

[@robertmanley2687]

There is no hope if there is no change in 2024

[@johnjaco5544]

Gonna take longer than one election.

[@illuminatedGaming33]

​@@johnjaco5544Trump is going to make America great again!..........again.

[@Thyalwaysseek]

There is no hope even if you change your leader, both are as corrupted as each other.

[@annmarie1689]

Don't rely on warp speed

[@chris882211]

Have my house paid off, my car is 2 years old and paid off. I really need a new kitchen but will not put that money out for that now. And will not take a loan out at these interest rates at my age. Too scared of what is going to happen hanging on to every penny. Have a job I consider very good money being a server . But with the prices of food? Who is to say people will stop coming out to eat and my good job will not be that great anymore. It has slowed down lately. But with the prices of food cost going up my 20% tips or more it is evening out. Until I go food shopping and pay for gas, cloths, or anything else I have less to put away for retirement.

[@nomadnationalist2776]

Much better and more restrained than most people! Perhaps don't buy such a new vehicle again until you have a higher net worth and more savings.

[@PreppyPrincess777]

Do you really need our really WANT a new kitchen? There’s a difference.

[@mattanderson6672]

Thanks Mitch

[@karenjensen2345]

My son is totally renovating his 1920s craftsman house. He is working 7 days a week to do so. However, he finally found a good contractor after firing his first one. 😅the good news is it is easy to get people to do the work because no one else is renovating. He has to do this because he has the golden handcuffs of the buy in 2022 for 2.5% interest.

[@GeneralProperties]

Thanks Michael, you always make good videos, sweet sun glasses always too, wish you well

[@MichaelBordenaro]

Glad you like them!