This Is What “ALWAYS” Happens Before a Depression Starts

[@NolanMatthias]

This Is What "Always" Happens Before A Real Estate Crash kzbin.info/www/bejne/gYfGkqOpnap6eZo

[@tonneblack5168]

From the cities I have seen on KZbin, the US has been in a depression since 2019.

[@kipincharge2833]

a banking crisis started Sept 2019🤫

[@kipincharge2833]

censorship in police state usa

[@Redwing635s]

Trump spoke about shit hole countries but their is shit holes popping up like pimples all over blue states

[@hanselito2416]

ive been heavily depressed since 2019

[@breckfreeride]

And yet s&p is at 5300...

[@jasonaris5316]

We’ve been in a depression since 2008 it’s just been masked by low / zero interest rates QE and massive government spending Take that away and the private sector has been flat (which is shrinking when matched to increasing populations etc)

[@Etaoinshrdlu69]

Things are far more advanced than 2008 and people are wealthier.

[@jasonaris5316]

@@Etaoinshrdlu69 all paper wealth based on false (inflated valuations) pumped by huge debts, public and private When it blows millions are going to be in penury

[@brian8830]

I have been saying the same thing, since that time. And I was one of the only ones who predicted the 2008 financial crisis, and how and why it would happen. You are absolutely right though. Without the "QE", we would have already been in a "de-leveraging" which would have taken place in year 2008. The deleveraging never was allowed to happen, and instead "they' tried to inflate out of the crisis. This actually only made the problem much worse.

[@brian8830]

@@Etaoinshrdlu69 "wealthier" is an illusion. The only people who got wealthier is the ultra-rich and top '10 percentile'. Everyone else, even though the incomes and assets seem to be more, adjusted for real inflation, people are actually much poorer., For example, in year 1995, my wages would have been considered very low. However, I was able to rent an apartment, and have a car, and still live very comfortably. I cannot do that today, even though I make 3 times the minimum wage. The "wealthier" effect is an illusion which they are very good at selling to the average Joe!

[@Synistercrayon]

It ain't a depression until you feel it...until EVERYONE feels it. But yes, the economy has been a propped up house of cards ESPECIALLY since 2008

[@Riggsnic_co]

Preparing for the Impending Great Depression: Strategies for Thriving During The Great Reset. Wondering about the right timing for stock investments? Curious about the timeline for a complete economic recovery? Puzzled about how some individuals are generating over $450k in profits within months in the current market scenario? These questions have left me perplexed.

[@JacquelinePerrira]

Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge

[@kevinmarten]

A lot of folks downplay the role of advisors 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.

[@Jamessmith-12]

How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

[@kevinmarten]

Carol Vivian Constable 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..

[@Jamessmith-12]

She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.

[@homerswagman7373]

I'm at 2 minutes and 15 sec, but I will keep listening to see if you have an explanation. You have challenged my belief system already by saying that the FED didn't do enough to fix the problems. In my opinion the FED helped cause the problem. I'll let you know if I bail.

[@ezza200]

I just stopped at 2:21 Meh, I'm just going to bail, this is rubbish.

[@breckfreeride]

​@@ezza200should have stuck to the 8:00 mark...

[@breckfreeride]

The banks aren't lending unless it's at crazy rates. Even if they lower rates the value of the crap we're buying is overpriced, houses, cars etc.

[@LookingupinJA]

@@breckfreeride you all need to stop buying unnecessary goods at these ridiculous prices … the greedy capitalists would have to bow to the consumers

[@Juju-u7t]

They purposely Crash the economy. Money is a made up credit system. If I create the Dollar I can crash it .

[@DreamweaverShade-h9p]

It feels the Govt are going to lose control this time. we are going to dirt level. On the brighter side I have to seek ways to stay on top of things, I wish to diversify my assets by investing in ETFs/index funds/mutual funds and stocks of corporations with stable cash flows. I received 350k from the selling of my El-Paso property. What should I do?

[@MakeamericaGreatagain-h7j]

Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder

[@Damncars456]

Right, a lot of folks downplay the role of advisors until being burnt by their emotions, no offense. During the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my portfolio has grown by 25% every quarter since Q3 2020.

[@Tsunaniis-j5l]

I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

[@MARSHMALLOWwhimsy]

im just adding everytime it dips for a few days straight. Been doing this since last summer.

[@Damncars456]

I'm cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "AMBER KAY WRIGHT" I've worked with her for 9 years and highly recommend her. Check if she meets your criteria.

[@anikomiles4260]

the reason why 2008 in USA didnt become a depression, is that Canada bailed the US out! True fact. I know personally one of the bankers on the team who was working on that.

[@kevinford6420]

Also China

[@headshot8888]

Is this why I see so many Canadian based banks operating in the US now?

[@tommychestnut5335]

Market highs can sometimes be followed by corrections, but predicting the timing and extent of it is challenging. I've heard some analysts talk about a 'massive' correction. It makes me wonder if it's time to adjust my $2M portfolios or maybe even consider some defensive investments.

[@alicegomez7232]

Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire

[@chrisbluebird5037]

I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.

[@wellsHannahh]

impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

[@chrisbluebird5037]

Lauren Marie Ehlers is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@Blitcliffe]

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..

[@sommersalt88]

Don't fret, the debt ceiling always goes up. I wonder if 2008 crisis survivors had it easier. this could lead to economic downturns. We need to be prepared for potential market volatility. how can I secure my 250k portfolio against declining?

[@gagnepaingilly]

Everyone needs a Margin of Safety in their portfolios and just remember, It's time in the market versus timing the market.

[@84gaynor]

De-risk your portfolios, shore up your core holdings, and take some profits while balancing your portfolio allocations. I’d also suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I. We've made over 80% capital growth minus dividends.

[@kansasmile]

I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

[@84gaynor]

*Jennifer Leigh Hickman* has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.

[@Paulathompson1712]

Deflation is the decrease of currency units/money NOT decrease in prices.

[@simplesuch3937]

I believe this is right, however it follows that when currency units decrease, the value of each unit increases, hence prices fall.

[@Mr196710]

We are soooo ready for it now as we are tired of the waiting game. If you don't have protection, food, water and a bug-out plan by now it means that you are a very hopeful person. You aren't a thinker or discerner....but you are hopeful!

[@AULIGAofBLEED]

Deflation is when consumer and asset prices decrease over time, and purchasing power increases. Essentially, you can buy more goods or services tomorrow with the same amount of money you have today. This is the ***inverse relationship*** to inflation, which is the gradual increase in prices across the economy. ... please Google the definitions yourself before replying.

[@NolanMatthias]

Kind of, but wages fall disproportionately when there is deflation and real interest rates increase, which is why you can effectively afford less.

[@Lawliet734]

@AUL "This is the mirror image of inflation..." The mirror image of a chart going up is still a chart going up. A mirror image is not the opposite. For example, the opposite of night is day, but the mirror image of night is not day. Similarly, the opposite of prosperity is poverty, but the mirror image of prosperity is not poverty. If you aren’t convinced, ask a rich person if he sees a poor person in the mirror.

[@graveyarddoji9620]

Which you can’t have in a debt based economy. We are not backed by gold anymore. It’s a Ponzi scheme and the only thing keeping it going is people haven’t realized their paper is backed by nothing

[@jeffmaggard3694]

Deflation, we need deflation!

[@CalCaliente]

No inflation is not prices rising. Inflation is the increase of money supply and credit. And due to that increase prices rise. The natural movement of capitalism is deflation. Things become cheaper because we become more efficient at producing things. Your iPhone 15 in 1980 would cost millions of dollars to produce with that technology now it’s a fraction of that and accessible to most Americans. Deflation in the natural order of things. Govts intervene and print currency causing an increase in prices.

[@DPhasely]

This was one of the most clear and concise financial videos I've seen on KZbin.

[@mr.c332]

😕

[@rex69832]

A very interesting talk but I think that you're wrong on a number of items. For those paying attention they neither have faith in the government nor faith in the banks. You haven't mentioned that what we're seeing is the end of a major cycle that started with the creation of the FED in 1913 that created the debt-based system we're stuck with now. We're also seeing the convergence of a number of major cycles that didn't happen in the last great depression. I agree that this coming depression won't be as bad as the last one. It'll be worse. Purchasing power of the FED note is virtually zero. The FED note isn't worth the paper it's printed on. The FED is stuck between a rock and a very hard place. They've painted themselves into a corner and have no choice but to let this whole corrupt system implode and then try to build a new one from the ashes of the old. They want to try and force a digital currency on us when this current system collapses. Whether it's a CBDC or some other form of government digital currency. The government is lying about inflation and it's much higher than what they say it is. They can't raise interest rates and they can't lower them. They're stuck. And the government keeps sending billions overseas on lost causes. We have at least 3 wars going on right now. Haven't heard much about Yemen on MSM. Last I heard there was still a war ongoing there in addition to the ones in Ukraine and the middle east. The US has over 800 military bases spread out all over the world. And the cost to maintain it's present military is astronomical. All this costs money and it's unsustainable in the long run. Every empire collapses just as the Roman empire collapsed and what we're witnessing right in front of our eyes is the collapse of the American empire and the collapse of the American dollar. The dollar is done right now and when more countries join BRICS and stop using the American dollar as the reserve currency of the world that will only help to hasten the collapse of the American dream. And to add fuel to the fire if you look at the US debt clock you'll see that the M2 money supply YOY is negative almost 60 billion. The best thing people can do to prepare for a dismal future is to take as much money out of their bank accounts as possible and only leave enough in there to cover a month's worth of bills plus 10%. If possible pay down your high interest debt as quickly as possible. And most importantly beans, bullets and bandaids. Stack to the ceiling.

[@SuperFlashDriver]

Yep, exactly why the movie "The American Dream", the one I watched back in the early to mid 2010s explained it very well back then. Since December 1913, this currency is on a ticking timebomb to dictatorship with the constitution and bill of rights completely destroyed in favor of a dictatorship that's just as bad as Russia, North Korea, Venezuela, and Singapore combined.....It's truly sad to see a country like this fall to shambles, and only the citizens are going to have to fight against the communist government, or be outnumbered by millions of soldiers who believe the US is still there, even if it collapsed and such.

[@danbooher5843]

Have faith in God, believe the gospel.

[@ssing7113]

You think Brics actually has all that gold. Trillions in gold ????

[@armchaireconomist4870]

Not enough government/FED intervention makes an economic downturn worse?? Bro, you are wrong on so many levels. Government intervention causes more economic turmoil and human suffering than anything else. Don't take economic advice from Canadian mortgage brokers.

[@kakayou546]

It would be kind of hard to be super powerful without central control

[@TheCherokeeKidd]

Been looking for someone who would talk about this, so thank you!

[@rustyscrapper]

There's actually 2 kinds of inflation. Good inflation is when wages increase and products stay the same price because of improved productivity. Bad inflation is when prices increase but wages stay the same due to lower productivity. We have bad inflation.

[@stephenbermingham6554]

The good inflation is actually deflation through dropping prices through productivity. Inflation happens whem when productivity reverses or doesnt grow creating a lack 8 assets and resources leading to money printing to fil the gap causing money to becomes worth less. There isnt good inflation.

[@CalCaliente]

There is no such thing as good inflation lol why the hell would I want to pay more for something? Why would I want my savings to be worthless ?

[@JOIHIINI]

Yeah this is just misinformed lol. That's like saying there's 2 kinds of war one where everyone is fighting and one where everyone gets along. Everyone getting along isn't war lol

[@JK-ks3xq]

"inflation" has nothing to do with high prices. It has everything to do with too much money in the system! High prices w/o corresponding wages/economic growth is just the result. Too much money in the system is the cause!

[@timothyrday1390]

Thr problem seems to be that all the fiscal and monetary stimulus since the 2008 crash has only masked another "great depression." It's not clear that we've made the economic situation more secure over the long term by incurring so much debt to avoid the harsh consequences in the present. Unless we can somehow lower our debt then the outlook doesn't look pretty.

[@pokemercenary6511]

During the pandemic, I invested in art and collectibles. My unrealized gains are doing well. I totally sign off on diversity of asset classes.

[@jamesconley9753]

Clearing your mortgage is one thing, but what happens if inflation keeps rising? Your property taxes keep rising with the value of your home. Lots of folks lost their homes to tax sales in the Great Depression

[@haydenjardine9178]

When you find out the Federal Reserve is not actually Federal nor does it have any Reserves, then you understand that they don't make mistakes.

[@NickVanos]

You talk my language! I said the same thing

[@TeslaEVolution]

ONE - well - Inverted yield curve, Buffet indicator, Schiller index, deflation in real prices, many Americans maxed out on credit cards, credit cards- and auto loan defaults increasing/accelerating, so not ONE, but many factors?

[@Frank-sh4xw]

I will save some of you some time. He basically believes if the FED stepped in with QE it could have prevented the great depression. Completely missing the fact that government intervention made the depression into the great depression. He forgot to mention that there was a quick depression in the early 20's when the government didn't intervene and the free market worked things out by itself.

[@GraceT-y4g]

@16:00, it just seems like that to us. However, when depositors really request funds from FDIC due to banks' failure, the results can be not like what people knew/what people were told. Not good. And, more worse, what if Feedddd's evil inside. @-@ Also, since @20:30, Great Comments!! People not regularly calculate how much they make, how much they spend, then, compare the income & outcome, and go from there.

[@joecummings1260]

For the most part everyone around here is looking poor already. I'm seeing more and more cars around with expired inspections, and neglected repairs. And a lot of them fairly late model. I've also seen a couple of huge construction projects here just stall. And I'm talking 10s of millions of sq ft industrial projects just stop dead after years of site work

[@Usefullinformationphilippines]

The FED only has enough money in the bank bailout fund to replace 1.7 % of the money in the banks

[@littlestinker9716]

And most of that money is earmarked for bailing out themselves and their best buds. The average Joe and Jane will get nothing.

[@ajpope2010]

Great video. Another odd ball thing that happens before the collapse of an empire are "celebrity chefs." I have seen crazy things in my life, but this one makes sense to me along with a bunch of other stats the go along with a world power in decline.

[@markjohnson5276]

I designed a check register that operates in reverse. In stead of telling me what has happened to my cash flow. It tells me what's going to happen. I can predict my cash position to the penny as far into the future as I wish. Years. It allows me to operate like a credit card in that I can draw on future income with it. Only no exorbitant interest. I literally can not run out of money. This is wealth. Thomas Jefferson wrote. 'The price of freedom is self discipline.'

[@northernozarkhomestead]

FDIC insurance pays Up to 250k out over 99 years depending on how much they choose to fund the banks losses. It is only funded to about 3%. Are you living to 150?

[@rolandbraun1197]

Excellent podcast on the reasons for the Great Depression of 1929 !! Another important reason that should have been mentioned was that the Hoover government faced with this economic catastrophic event still maintained an "austerity" stance and kept on adhering to a" balanced budget" approach and as tax revenues fell their expenditure also fell leading to more deflationary forces lowering wages and increasing unemployment. 😮

[@tml721]

1 in 4 out of work BUT the majority of the work force were men, Women stayed at home, so only 1 income homes were crushed by the loss of jobs. MY grand parents were school teachers and were able to get their money out of the bank before it collapsed.

[@PhamVans]

We're definitely there, a lot of those wealthy investors of our decade are about to end up having to actually participate in their local economies.

[@gloriawitek6401]

Such a logical and well planned presentation. So easy to understand.

[@NickVanos]

Yeah logical... if you believe the world and government is a honest place with no corrupt people 🙄 The FED doesn't make mistakes.

[@joshuaomani531]

In Nigeria there is more than 45% unemployment rate

[@RedEyeC]

Biggest thing that led us into a depression in 1929: Easy margin of stocks. An investor could control 100 shares of a stock only paying for 10 of it's shares - but was still responsible for the entire 100 shares. Investors went under VERY quickly.

[@waltermullen9987]

brought on by a Credit Collapse and failure to deliver , resulting in the overall 1929 stock market crash

[@massielpezzino]

Thank you

[@Fastcarsdriveslow]

Why is the crash always being postponed? Ok I just got laid of from construction in Toronto CA. I'm very surprised right now, is there a loss of demands all of s sudden? I'm thinking so, I'm starting to see a lot of factors for lease, maybe this means the recession is starting right now, why would a construction worker be laid off? 🤔 I think that means no one has anymore money to buy homes, people are spent & saving all gone.

[@DBtrainfanatic]

Even today, the FDIC has only around 1% of reserves.

[@anarkitty0]

17:20 calling the Euro not a reserve currency at all is a bit of a stretch. There are about 2T euros and 6.5T dollars held as reserve currency. 17:39

[@reclaimyoursecurities]

The relationship between bank and depositor is a creditor debtor relationship. There is no money on deposit. That is a deception of misunderstanding to think like that. A bank statement shows what the banks owes to the depositor, really a lender. The banks takes title to the funds deposited by way of general deposit and owes it to the depositor/lender. See Schedule of the CDIC Act for meaning of deposit. Thanx

[@NolanMatthias]

Yes, that’s absolutely true. Do you think that changes the outcome or the context of the video?

[@jamesconley9753]

FDIC has less than $200B to cover TRILLIONS in insured assets, but we aren’t just covering insured assets, are we?

[@postscript5549]

Graphic (pink) @ 1:40 does not work for those watching on phones: too small.

[@ssing7113]

Wow entitled one. He should cater to you because? You’re the prince of???

[@tarajo4836]

Always good to hear additional points of view. Thanks for taking the time to share.

[@NolanMatthias]

Thanks. Working on some new content. Anything you would like to see next?

[@tarajo4836]

@@NolanMatthias there are lots of stories about about how much Americans pay in taxes, all types of taxes. Rumors claim upwards of 50+%. I would like to hear a breakdown on that and get your take on that.

[@rogersmith9705]

Enlightening video! You would make an excellent economics teacher Nolan. 👍

[@NolanMatthias]

Thank you 🙏 any economics topics you would like to see next?

[@rogersmith9705]

@@NolanMatthias I would like to know why the U.S. abandoned the gold standard in 1971. Thanks!

[@NolanMatthias]

@@rogersmith9705 cool! I think we can do something on that! Great suggestion.

[@nickslothouber1777]

Nice -- thanks! Broker loans were only 7% of GDP in 1928 (from 2% in 1923), so it's unlikely that it precipitated the Great Depression. During the 1920s, annual housing and commercial real estate (CRE) almost tripled. This was principally financed by debt. Reckless real estate lending (esp. CRE loans) likely precipitated the Great Depression. Cf. Richard Vague (2019). A Brief History of Doom. Philadelphia: University of Pennsylvania Press.

[@paullilliott7565]

Very interesting. A central issue is the extension of debt to those who either can't pay it back or whose circumstances then change to make them unable. The Depression in Europe and the rise of Hitler resulted from the extension of (unrepayable) loans by U.S. plutocrats who refused to cancel them. The 20s saw an explosion of consumer debt AND margin debt for speculation, much secured by farms or homes, with zero ability to check for creditworthiness. Not only were none cancelled but as you say deflation made them even more un-repayable and small banks went bust, stopping viable lending. The debts were only wiped out by repossession of farms and homes in vast numbers, death and the inflation of WWII... having brought years of misery. Fast forward to 2007 - again lousy un-repayable loans made in huge numbers. So we have an economy dependent on extending un-repayable loans with ZERO provision for their cancellation. We either hyperinflate or depress the economy for years as in the 30s and kill the remaing debtors in wars - or we bail out the lenders and thereby create even more debt bubbles. And bailing out the lenders is NOT a solution -it relieves them of any risk and encourages even more lousy loans. Nowhere in economics do we see a discussion of the responsibility of the lender and the need for writeoffs - basically because it makes the banks a fortune. As for the coming Depression - run for the hills! .

[@harpoen7358]

The derivative markets or Eurodollar market might be a serious blackswan event mainly because no one controls these huge markets where it is unsure if money printing of the central bank solves the issue.

[@Coindom65]

So we should short the S&P 500?

[@breckfreeride]

Lol I did and lost

[@breckfreeride]

Magic money tree keeping it up!

[@breckfreeride]

The fact that new cars aren't selling is a good sign that something is off though.

[@luxuryslime7469]

Great information! Thank you!

[@NickVanos]

🤣🤣

[@RustyAwalt]

Excellent job! Great advice. Subscribed ✅

[@NolanMatthias]

Awesome, thank you! Anything else you would like to see covered in the future?

[@RustyAwalt]

Yes. What was it like in the raising rate time period from 1940 to 1980? What investments did well? How did people adjust? Thank you!

[@robc8468]

Ford actually shut down model T production in May of 1927 FOR 18 MONTHS in order to switch to Model A production. This was actually a big negative factor for industrial production leading up tp the 1929 Market Crash since Ford was making about 50% of cars produced up to that time. Unemployment in Michigan got to 34% by 1930 much higher than the 26% national average at the time.

[@jvalenti370]

Another thoughtful, coherent, insightful video. Thank you Nolan! (May I invite you to share the identity of your math teacher friend? I will helping my 10-year-old with math for years to come, and I'm always interested in new approaches to teaching)

[@NolanMatthias]

Thank you! Any other content you would like to see in the future? The math content is from Brian Mclogan - Khan academy is also amazing!

[@jvalenti370]

@@NolanMatthias well, now that you ask... I'd like to understand why low LTV (

[@NolanMatthias]

Hey - have you seen the Canadian real estate channel yet? Search my name and Canadian real estate and it will pop up. Let me know what you think.

[@master2uall88]

Well it really sucks then that there's already over 7,000 banks that are filled and bankrupt and will be taking out over the next couple months and we will be going into a Great Depression yet again

[@charly5595]

FDIC insurance can take 30 years to pay you back...

[@graveyarddoji9620]

There is not enough $ in the fdic to cover. What will happen is banks will fail and the only way you’ll get your $ back is if you use the fed banking system and use the cbdc

[@littlestinker9716]

If ever. Payback only happens if the U.S. Congress passes a bill into law authorizing it. Congress can kick that can forever.

[@wayfarinstranger2444]

Don't forget the dustbowl which left many starving due to lack of food!

[@PaulaPatioOfficial]

Well done! keep on doin' what you're doin'!

[@NolanMatthias]

Thank you! Any other content you would like to see covered?

[@yaahme]

Goods Times Straight Ahead!!

[@homerswagman7373]

Why did people borrow to invest? Why did the average Joe sink all his wealth into risk? Look at the interest rate chart for the 1920's. I'm bailing on your video because I think you are missing too much. If I am wrong or misinformed, I apologize.

[@Mythoughts4you]

Its actually well known that one of the biggest causes of the great depression was burrowing to invest into the stock market. Lets say you could burrow for 5% - 8% but you could get a 20% return. Why wouldnt you do it? Of course its because of risk! Well what if you didnt know about Risk? What if you didnt know the stock market could crash 90%? Your telling me you wouldnt take out as much money as you could to invest in bitcoin or nvdia? Stocks only go up RIGHT? Or are only bears watching this channel? My point is what happens when you are so in debt or leveraged when all of a sudden the market rotates and you just lost 5 yrs wages in 1 hr? maybe that day you lost your house? Maybe by the end of the year you lost everything you had invested because now the bank is calling in the debt (Margin calls but back then it was where they actually called you and told you they wanted their debt paid back!) But you had already sold everything you had, plus the stocks, but it just kept getting worse! things worked differently back then! You owed on the margin of the stocks till paid in full. Meaning as long as the stock was dropping you were still paying on it. A little different on a margin call where you get sold off and then can pay it back. This is why you hear the stories of people jumping from roof tops!

[@breckfreeride]

​@@Mythoughts4youmargins and leveraging is out of control now... The house of cards reaches to the moon!

[@gioiapharo7433]

There were stocks that did well during the great depression ……. not everything crashed

[@zulfakaraspar2311]

Military industries complex are doing very well right now.

[@Ronbo1948]

There will be no soft landings...The question is how hard the landing.

[@tapptom]

Aaah the roaring 20’s asleep at the wheel

[@Thomas-em9du]

Great content

[@billymoore4495]

If you want to know how to survive a depression, turn your supplied energy off to your entire neighbor hoods lifestyle for 6 weeks. You probably won't make it past 2 weeks. New Orleans was a perfect example in recent times. Local not national.

[@steshaw6510]

The deflation boogeyman raises it's head

[@jimgriffin1147]

Very informative

[@NolanMatthias]

Thank you! Any other content you would like to see?

[@blueeyes402]

'33 depression...designed to force Germany to pay out her debts.. causing further starvation and hate.. geo - politics...

[@NolanMatthias]

🧐

[@1FrenchConnection1]

Great advice sir!

[@NolanMatthias]

Thank you! Working on new content. Anything you would like to see?

[@hanselito2416]

theres stubbornness in every market to where so many people got screwed on prices so the ones that got screwed will be pissed if the market adjusts and somebody buys a ford f150 for half the price as them. they'll burn all the new cars before they sell them at a realistic price

[@heart-of-people]

When deflation begin?

[@faithsrvtrip8768]

My paternal grandfather lost his beloved fox hunting estate to foreclosure in 1934. It's now owned by a nonprofit and they banned dogs 😡

[@josercarcamo]

Why are you mad? Without a doubt, it belonged to Native Americans in the first place.

[@Generalumbongo]

@@josercarcamo Everything belonged to something else at some point if you want to look at it like that.

[@josercarcamo]

@@Generalumbongo "Something"? Maybe you meant "someone". And even then, that doesn't justify gruesome and heinous crimes, so let's not try to brush off responsibility.

[@HateBear-real]

@@josercarcamo The "native americans" committed plenty of their own crimes. Get 0ff my internet, cvccboi.

[@bostonfrank6739]

I got ready for the recession by selling my stock etf & buying a bond etf. The fed is lowering the fed funds rate which will lower other interest rates, so institutions are buying bonds now to lock into these higher yields

[@michaelvanhorn3271]

Global Trade is not a good thing except for the Bankers, it always leads to instability in local markets, offshoring labor, and destroyed skill sets and dependence and wealth bring accumulated by those that do not create it.

[@TeslaEVolution]

FDIC only can - IN REALITY - From articles from reputable sources is about 2% of ALL deposits, so that is a BIG not well known fact. YIKES.

[@ChristianGustafson]

Rothbard’s book is essential.

[@steshaw6510]

Which one? I like this quick song kzbin.info/www/bejne/mmHRdoWKe9Rgic0si=6RacJknzSiYUqvMk

[@ChristianGustafson]

@@steshaw6510 “America’s Great Depression”, 1963.

[@steshaw6510]

@@ChristianGustafson it's a good one

[@NickVanos]

As soon as you talked about the FED being asleep at the wheel you lost me. You seriously believe they make mistakes, they themselves don't profit from? There is nothing federal about the Federal reserve bank.

[@davidwilliams4498]

Everyone does good in a ponzi if money keeps moving when it slows way down is when it falls

[@meglukes]

Things are really really good right now?

[@breckfreeride]

On paper

[@chadturner4765]

The economy back then was much different than it is today. Our economy was mostly closed and not so globally dependent as it is today. Not to mention the government wasn't in SOOOO much debt. You're missing so much information to consider

[@greggiboney6351]

Deflation means your dollar is worth more.

[@timfatout7082]

Lot of factors not considered. You can have a house free and clear and the government could raise property taxes. In 1929 US was still on gold standard and federal debt was 16% of GDP, today the US dollar is a fiat currency that the fed can print at will and the US debt is over 120% of GDP. We did not have nuclear weapons in 1929. In 1929 we did not have computers making hundreds of thousands of trades per second. The government at all levels now has over 20 million employees - couldn't find the stats for 1929, but today government is at least an order of magnitude larger. While there was leverage in 1929, it is unlikely that there was anything close to the amount of derivatives in today's market. Despite all that, there is a lot of resemblance IN HUMAN BEHAVIOR between today and 1929. People (or should say "traders") are buying stocks LIKE CRAZY. It is like a piranha feeding frenzy. When it flips the fed may TRY to stop the crash, but they won't be able to.

[@MrGoofwad]

Im retiring in 6 months with little $, anyone know of any good alleys around?

[@LilyGazou]

Van life. Live on BLM land.

[@thetapheonix]

We need massive deflation which will increase purchasing power and encourage savings. Fear mongering about deflation being some boogyman isn’t reality when inflation is the problem of our day, not deflation.

[@viralsheddingzombie5324]

Deflation does not stimulate economic expansion, so it can be destructive if left unchecked.

[@thetapheonix]

@@viralsheddingzombie5324 Neither does printing money backed by nothing

[@warrenerickson4159]

According to the Benner Cycle 2023 was the bottom and 2026 will be the top. I think a big driver for this is the switch from a carbon to an electric based economy like the switch from horse feed to oil did in the roaring twenties. The biggest disruption I see coming is the elimination of the labor part of the economy by robotics and AI. I think will occur in the mid 2030s. Due to the addition of this "free" labor I see the value of everything crashing in a Great Depression like manner by the end of that decade.

[@benzoromski1652]

People seem to be doing fine whole coutry hasnt cone to a halt yet. Everybody is still spending money like no tommorrow

[@NolanMatthias]

Agreed

[@steshaw6510]

They aren't doing fine, they have just become apathetic. They are spending money they cannot afford to.

[@johnmuller8954]

Yes, just print more money is the answer. that's why us debt is now about 35 trillion, and us won't even be able to keep up the interest payments alone let alone other costs ! The fed just displaces the problem, not solving the problem. keep kicking that can....

[@bpb5541]

No the Great Depression was caused by debt or if u want to give it another name over leverage or if you want to call it something else mania. Sound familiar? It’s all good until it’s not.

[@alainelowell1997]

Gosh Nolan, seems like you haven't heard of Bitcoin. Do some research soon.

[@LucilleBrooks-p4c]

With all the homeless camps around the country in our faces we refuse to acknowledge the pink elephant. Back in the day they were called hobo camps. Always waiting for the formal announcements.

[@Cooee1961]

This time around there’s a lot more people who have guns. Welcome to the thunder dome

[@NolanMatthias]

😂

[@breckfreeride]

Sears catalog full auto Thompson no longer available though...

[@Cooee1961]

@@breckfreeride I really worry about you guys up there. It’s a crazy time. Take care mate.

[@breckfreeride]

@@Cooee1961 I got my stubbies...

[@Cooee1961]

@@breckfreeride awesome 👏

[@cartercarter6126]

Your Mike cord looks like the USA economy lol . Carter Canada

[@robstevens5737]

Prego mescuzi el depresso

[@al.g.7125]

But stock market keeps going up.🤔

[@tapptom]

Stagflation now Economy in the tank and inflation roaring!

[@breckfreeride]

I dig my own "currency"

[@markjohnson1460]

HAHA no this is what it looks like before a World War Starts

[@mgtevolution]

The stock market is like gambling at a casino. The house will win long-term. You can make a thousand scenarios and theories, but gambling is gambling.

[@eliotness107]

Life is a gamble. You take calculated risks all the time, same as the stock market. With more time and experience in the market you just make better calculated risks, but if you expect bigger than average returns you have to yolo like in the casino

[@SuperFlashDriver]

@@eliotness107 Again, why I don't like strategy very much because I suck at those....Life to me is a movie that just ends up with either bad endings or good endings....But it continues as if it's a movie from birth to death, including the world itself....Personally, having things revolve around the money itself is quite stupid if you ask me. You would rather have the item than give the other person a worthless currency or gold to even get it. And even then Banks are god awful at keeping your precious money in when someone can take half of your wealth away from you and thus riot and revolt against the government...God no wonder Andrew Jackson killed the bankers in the 1830s.

[@brilwiljeff]

Inflation benefits the borrower

[@breckfreeride]

Only for a time... Look at car repo rates!

[@MarilynArchey-qw4vh]

The , Catastrophic Depression that is INCHING along now will be unparalleled by anything the Economy has seen. The USA HAS MADE HORRID DECISIONS THAT WILL CAUSE GREAT NEED THAT WILL WORSEN WITH TIME . TRY TO PREPARE AS BEST YOU CAN. GET RID OF DEBT. TRY TO STOCKPILE FOOD AND GOODS THAT WILL HELP YOU SURVIVE. PRAY FOR GOOD . 🙏

[@ceciliaferraro6360]

Coffee cup

[@hilwaamanamankiyar-pp5bf]

RECYCLE