PREPARE NOW for What Comes Next with the U.S. Economy:

The Federal Reserve will struggle to make the right choice and even then, it won't matter. Economic reset may be the only option for the U.S. Economy.
#useconomy #usrecession #ushousingmarket
Thoughtful Money Website: thoughtfulmoney.com/
Thoughtful Money on KZbin: / @adam.taggart
Todd Sachs is a Maryland Real Estate Broker and not a Lender, CPA, Attorney, or Financial Advisor.
Any information provided in this and any of Sachs Realty's videos and/or descriptions are for entertainment purposes only and not to be construed as broker representation, legal, financial or tax advice. All content written, spoken or implied is for informational purposes and deem to be accurate, but not guaranteed. It is your sole responsibility to verify any and all information for accuracy and correctness.
Todd Sachs or Sachs Realty is not representing you unless you have a written representation agreement. This is not an advertisement for a property for sale, and if you're currently represented by another Real Estate Brokerage, this is not an attempt to solicit your representation.
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[@SachsRealty]

Go to thoughtfulmoney.com/ to sign up for Adam's free newsletter or schedule your free consultation.

[@rezakarampour6286]

' How Much of American's Tax Money Funds War ? / The Take . '

[@maryistulsafox]

Are you still on Spotify,?

[@issenvan1050]

WHY NO TIMESTAMPS?

[@scottbonata5145]

Delinquencies , insolvency and bankruptcies. The only reason you don't see Bread lines is everybody's on the EBT food card!

[@michaelkelly7635]

One of the best episodes I have ever heard in my entire life...thank you both

[@VitaliiSych]

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.

[@Andrian-ch3on]

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.

[@BarbaraRichstone]

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.

[@Andrian-ch3on]

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

[@BarbaraRichstone]

Kristin Amy Rose 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.

[@Andrian-ch3on]

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.

[@mark-204]

We need TERM LIMITS in Congress.

[@jimbob483]

And we need to divest from the Jwsh Isrli lobby A IPAC COMPLETELY.

[@pstoneking3418]

There's a big problem there. The politicians are the ones that would have to vote for term limits. To get a majority vote on something like that would be nearly impossible. Unless it was slipped secretly into another bill.

[@pstoneking3418]

Nearly impossible because the politicians are the ones that would have to vote for term limits.

[@danielvalerio9703]

@@pstoneking3418 The whole sysyem is corrupt your vote is nothing never will change there is agenda Goyim

[@Papawcanner]

New crap or old it’s still crap

[@pjnewton1014]

I think Adam is right, the more wealthy your parents, the better off you will be. I think with that goes we need to start encouraging people to pick good partners and encourage people to keep their marriages together. I see men with $2k a month in child support. Imagine 2 parents running 2 households in this economy all because the parents couldn't button up their crap and work together. You are screwing up your entire family tree.

[@alyross2850]

Yes. Everything that happens in a marriage is now labeled “abuse”. Every disagreement is “verbal abuse “. We have got to learn forgiveness, if not for our sake, but for the sake of our children. Kids want their mother and father to live in the same house. And they want peace. It’s time we start prioritizing the people we made.

[@lanac7974]

Actually more women own houses than men

[@dicktracy5234]

​@@lanac7974What's your source ?

[@endurorama]

Todd, please do not change your format, you do not interrupt Adam at all & take notes for possible followup questions. 💯

[@ghggp1]

We should not be the police of the world! No other country sends as much of its citizens money over seas! It needs to stop! You are so right, we need to fix the US first!

[@user-vt5ln7qq4j]

no-one outside yr country wants america to interfere in their country either. americans as tourists and law-abiding foreign workers, yes. america as interfering evil warmongers, no.

[@truckguy6.7]

I have always wondered why the US does this. As every day goes by i think it's more and more like a Ponzi scheme. They have to keep doing it to prop up the major debt they have. If they don't maintain some military control around the world the US will collapse under the ridiculous debt load.

[@steampunkrabbit]

You are not "a police" of the world. USA is a cancerous tumor of the world.

[@dntstpmving]

Dont worry Germans do this now.

[@sues3218]

@@user-vt5ln7qq4j A lot of us Americans are very upset with our leaders on this issue, and we are currently working to try and turn the tide on it. We could use your prayers. I am sick of America meddling in other nations. Like you, I would like to be at peace with my neighbors, not at war all the time. I would like us to work out trade deals that benefit both sides of the isle. Love hopes.

[@iadoreadonai]

Agree with both you on immigration,when my family fled from Communist Cuba in the 60’s in order to come into this country we needed to be sponsored by a working family member living here,we also had to show proof we had been vaccinated of whatever prevalent disease the US health dept was requiring at the time and learn English ‘pronto ‘so we could incorporate into American society. It was a very well organized immigration Process and took years to get out of Cuba because they would give visas to a limited amount of people .I am happy like most Cubans are too ,to have contributed to the fabric of society in Miami ,South Florida & USA.❤

[@prolific1518]

All the rich people fled Cuba after bleeding it dry.

[@johnmourer5747]

I'm glad you and your family escaped communism.

[@Jalleur14325]

Not surprised you wanted to get out of Cuba considering what I see has happened to other satellites of Cuba like Venezuela.

[@tlindsay1007]

Thanks for sharing your story. The contrast from them and now really shows how out of control our immigration system is now! ❤

[@MarciaParody]

Well explained. Thank you for bringing up this video. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject ..... Thanks to Lindsey Jaedyn the lady you recommended.....

[@ambreparis]

That is true my dear, Investment is the best idea presently and without it, human struggles are worthless.

[@user-uv4gk6is5q]

That's awesome!!! I know nothing about investment and I'm keen on getting started. What are the strategies??

[@Merit467]

I'm surprised you also trade with Lindsey Jaedyn, she's the best at what she he does. At first i was afraid too before i gave it a try and realized fear kills dream more than failure.

[@steveromantina]

That woman totally changed my life for good. I have come across individuals but none is as honest as Lindsey. So surprised you know her too.

[@AlizabethDaniel]

just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

[@user-99.99]

We don’t go out to eat very often (4-5 times per year). We were out last night after a retirement party for a coworker. Popped into the most expensive place in town to see if we could sit at the bar. No way! The place had a line out the door. I keep fearing the inevitable collapse but when I look around folks seem to be doing just fine. Maybe it’s a facade but for four years I have continually been amazed at the amount of folks that can continue to fund this insanely expensive cost of living.

[@keithspernak6456]

I have observed the same where I live in the PNW. Everyone seems to complain how they are running on fumes, but restaurants are overcapacity.... I frequent restaurants all over my town b/c I've been doing food deliveries as a side hustle. I'm by no means broke, but I'm doing what I can to stay out of debt and keep my shoulders above water. Real "Bubble" vibes where I live.

[@saulpulido9937]

People are running up their credit cards

[@ljones9841]

@@saulpulido9937 Yeah, I am having to use my cc for basic groceries.

[@user-fj8wr8jh4e]

The upper middle class and up will likely weather this ok.

[@Christina-ve2tv]

@@keithspernak6456I’ve been doing food delivery full-time for about two years (husband got laid off) and I see the same thing. The amount of $ people will pay to have food delivered hither and yon still amazes me, and restaurants seem busy. 🤷‍♀️

[@Ravi-Singh-001]

Adam is a great man. The guy I can resonate myself who does weights, take family to vacations, care about people, teach finance to average joe and moreover a humble man.

[@ghggp1]

AMEN!!!

[@verypleasantguy]

They kept on telling us how horrible China is, how China's economy gonna collapse, every single day, for the past 10 years

[@achillesegaruoc1807]

I don't even need to watch this in it's entirety to know I'll like it. Adam is an awesome guest and host! Cheers to you both!

[@modo203]

Yeah but nothing new there. The same old talk about an imminent crash, or a soft landing, 30% correction blah blah. Meanwhile the SPX keeps breaking records and making new highs. If the U.S. economy hasn’t crashed at $36 TRILLION DEBT, what makes you think it will crash at $40T or $50T? They can keep going forever I have the awful impression.

[@RichardSKLim]

Only the fittest will survive in the coming economic winter. Thanks Adam and Sachs for the great conversation, analyses and alert to the coming storm.

[@VietNguyen-vj4su]

US pays $1 trillion dollars interest for every 3 months, and the world is not buying US debt. the FED prints money faster than the products and services are produced in the society to pay obligations (debt, war, services). it means high inflation.

[@SUBZEROUKS]

Who is the $ owed to?

[@JDmix123]

@@SUBZEROUKSmostly to the federal reserve

[@tennessee1828]

What amazes me is that so many people don't understand where our country is financially and on a world stage.. Mr Taggart is very conservative, yet he's ringing alarm bells. Most people I've talked to feel something on a world stage that's so devastating will happen before November this year. The banks run on lending money... which is a major slow down. Real-estate and construction are on a serious decline nationally. Are debt level is climbing wherein in 3 years are interest will be more than our total revenue annually. Right now in the first time in history the feds cannot bail us out in any major emergency without serious inflation. This all spells a reset which none of us know ...what it looks like.🤔

[@bruce5895]

Ok if you really want to know whats going to happen, go to the great taking and you will find out, basically its a WEF agenda that is designed to take away all your wealth, rights, freedoms and quality of life.

[@SamsungJ-xk9pt]

The economy is being medicated and #s fudged by this Administration. If/when Trump becomes President then we will see a Recession so it fan be blamed in Trump

[@herbertharris7316]

Exactly! It's my humble opinion that residential home prices won't be coming down anytime soon, especially with the U.S. Government giving money away to large INVESTMENT FIRMS, BIG BANKS, and COMPANIES such as BLACKROCK, BLACKSTONE, VANGUARD, BERKSHIRE, FIDELITY, BANK OF AMERICA, MORGAN STANLEY CHASE, CITI GROUP, WELLS FARGO, and large HEDGE FUND MANAGEMENT COMPANIES.

[@karlpierce3035]

If you look to other countries that have gone through it you will know what it looks like.

[@cvgguy98]

Get gold and silver...the central banks are loading up on gold and they know what is around the bend...so be your own central bank and trade some fiat dollars for real wealth...it can only help either what is coming.

[@TinyLuvsBostons]

1:41:06 I’m pretty sure this madness is by design. And, it’s leading to a BEAST system.

[@thedot66]

Yes. It amazes me how even smart influencers keep giving our controllers the benefit of the doubt

[@jasonward6298]

Get out of debt!!

[@e.zwegat7130]

Beast system is already here, that’s why this is happening

[@Mk-KarenM]

Todd, I’m so grateful for you. The more my husband and I listen to you the more we trust and respect your wisdom. You have integrity and it’s so refreshing. Thank you! ❤❤❤

[@cogitoergosum75]

I'm scared to even listen to this podcast, but here we go! And YES, THANK YOU for keeping us informed!

[@bruce5895]

if you really want to find out whats going to happen to your wealth, punch in the great taking then you will really be shaken up.

[@sherrielatchford1314]

I am a realist. So are both of you, so thank you for being realitic about this messy economy and proper reactions to it.

[@prayonkreutz2398]

I remember the last bubble burst...we were caught in it! If another bubble bursts, The Over Inflated property that you bought WILL NOT Appraise out to Refinance!! It took us 10 years to just break even when we sold our last house!😉

[@10317]

I agree and would not buy a home now. Better to save and pay off both bills. Back in 2004 I saw the problem with high be prices and thought the bubble would burst. But what we’re seeing now though similar is also different. The Fed brought on this bubble and the covid pandemic brought on inflation. Also. Manufacturing is being re shored and this will cause inflation. Because it will bring jobs and higher pay. Thats a good thing. I just don’t see disaster coming.

[@seriouslyyoujest1771]

Inflation? Two days after President Biden canceled the keystone pipeline Saudi Arabia raise the price of oil 42%. Within two weeks of food, and gas at the pump doubled in California. Doubled!!!!! I enjoyed all two hours of it

[@janicetone1624]

I tuned in because of Adam. Thanks for your Honesty and Integrity. You have a track record for providing BOTH.

[@adam.taggart]

Thank you so much for those kind words!

[@kennyjohnson2771]

We are living in a scary time where truth information is hard to find. The main media have fail us greatly. I love and follow both of your programs. The context is purely awesome and most important the truth. I always learn something new at the end of the program and that is pricelss.

[@bruce5895]

the great taking for the truth

[@davidhopper7295]

I know a couple people who vote Biden and watch NPR MSNBC abc CBS. They don't know anything except what indictment is sticking to Trump the best. They work for Fed government and don't have any worries. Their employer can print money

[@toddperilloux6143]

I really think a lot of people have woken up to the main stream media... Thanks to our GREAT President Trump 🖐️💥

[@acamiln8354]

Do not listen media, listen people around you.

[@andyhughes1776]

Our evonomy is already teetering on collapse. Lowering interest rates (i.e. printing more money) will definitely trigger the collapse immediately!

[@michaelpuscar9701]

Just finished listening to this entire interview. This is terrifying! I’ve never heard anyone lay things out like Adam just did. So we have a congress captured by special interests, spending the country into greater and greater debt, a birth rate problem, inflation that can’t be tamed without cratering the economy, … this is bad! When this crash happens, they’ll call it a black swan event but now we know that this was all not only predictable but inevitable

[@JohnDaniels]

We are in stage #6, The Age of Decadence: Greed, materialism, frivolity, open borders, the Welfare State. We had too long a period of wealth & power.

[@judykraska400]

Yes, especially wealth and power over your workers not paying any wage to your hospitality staff like waiters for example, which are living from the tips, plus no health insurance, no bonuses, no proper vacations, no government health care, no proper education for all children, but you spend billions on foreign countries like Ukraine, Israel,the 800 military bases around the world, but have not improved any sector of welfare for your own citizen. You have too many psychopaths in your Government, and on every level of management.

[@SirChocula]

What are these stages you mentioned?

[@georgemoses9204]

Look at the fall of Rome and the stages it went through

[@OilTrading]

It's by design.....not by happenstance or by "human nature".....this is what I once thought as well....what I found out it's all by design by people....

[@daveos4245]

The West has destroyed itself by turning against what made it strong. The rest of the world knows this.

[@jvz28az]

Been watching Adam for a while. He’s has great guests and a great understanding and the ability to explain macroeconomic issues

[@Seanpfree]

This is THE END of first time home ownership and the slow death of the middle class in a generation. 77 bids over 4 years for our first home as native Tennesseans ALL OUTBID by cash investors. Wonder why we Millenials & Gen Z are doom spending? Why we aren't having kids, getting married? We CAN'T afford a home, car, kids, retirement... Child care costs 1/3 of the average income PER CHILD. At 35 y/o kids and a first home passed us by. Don't be surprised that these younger generations want to see it all burn. This economy isn't for us, it never has been. We've been checked out, not by choice

[@Gracekgs2002]

I have a good job (self employed) and have 20% down on a 300,000 home. 5 years ago this would have gotten me a very nice home 3-4 bedrooms, ranch, 2 car garage 2.5 bathrooms and maybe an acre of land. Today 300,000 gets me 2 bedrooms and 1 bath and about .24 of an acre lot. It is ridiculous. I will not pay that kind of money for someplace I don’t even like. All my life housing in my area has been relatively affordable. Not any more. In my opinion, housing prices need to drop 50+%. I believe this was all done by design. Our government has sold us out. The people of America have zero representation in any of the the houses or in the president himself. Biden cannot form a sentence so who is running America? My guess is this is Nobamas 3rd term. It is a fact he hates America and loves muslims. 2024 who will be selected? I have no idea but we do not have a say in that. The elections are all rigged and have been for decades and maybe longer. We are done. America is over. The open borders and all the other crap they are doing is destroying our country. Left, right, etc. they are all one behind the scenes. None can be trusted.

[@jamie1453]

I'm with you brother. I'm in Thailand retired at 1/3 the cost of living. Biden is a cancer. I feel for the helpless younger generations. 😕

[@tess7798]

It is Congress - not the President - who makes decisions in this country. That is true no matter who the President is. The President can only sign or veto laws that are written by Congress. The President cannot make laws. It’s been that way for over 200 years.

[@BOULDERGEEK]

America's future was destroyed with MAGA idiots decided to replay Hitler's Rise in the US. You are an unwitting victim of propaganda from America's enemies. You blam e all of the wrong people. You need to look in the mirror to wonder who is responsible for the death of America.

[@acamiln8354]

"I believe this was all done by design. " It is democrats communism.

[@psillygal1953]

Keep drinking the Fox koolaid dude.

[@kristenmerrill-nl2dh]

Todd, you have refined your interview skills in the time I first started watching you and WOW! You are GREAT at interviewing and are entertaining some master guests. You have found your niche! Adam is my favorite kind of personality and also a wealth of information. Thank you for inviting him back. Loved you both today.

[@SachsRealty]

Thank you 🙏

[@JohnDaniels]

A recession starting in 3 to 6 months. The FED Funds rate has been held at 5.5% for 9 months, in 2008 they held it at 5.5% for 12 months and the recession started and they cut rates going into the recession. I think we are seeing a deja vu of 2008.

[@erickanter]

The market is SO GOOD it can't tolerate a lousy 5.5 interest rate.

[@OilTrading]

@@erickanter Dow should hit 100,000 in a couple of years :-)

[@helenbrooks4787]

You can't get inflation to go away when excessive government spending is what causes inflation.They can't spend their way out of a Recession, the more they spend, the closer we get to a Depression.

[@Mattie_Ice]

They control inflation by increasing taxes.

[@brianmcglade8164]

My family never recovered from the Great Financial Crisis.

[@thefarmersdaughter8235]

They don't realize they are next. 😮

[@kappaiota5105]

The worst words in the world are: "Hi, we are from the government! We are here to help!" - shut your doors, close your windows! - If needed, run or fly as fast as you can. - taxation without representation is *_theft!_* - the installed zombies and cowards and clowns, need to check their buttöx, before they wreck their arse! - The Republic, for which it stood, his gone. - Congress can dissolve The Fed! - Then we can restore The Republic, county by county - city by city and State by State!

[@modo203]

What great financial crisis? You mean 1929? 😂

[@thefarmersdaughter8235]

@@modo203 2008

[@user-fj8wr8jh4e]

@@thefarmersdaughter8235 Next for what lol?

[@Spinonemaster]

2 of my favorite guys (realists) ... I've been doing this for 50 years, including working with Volcker in the early 80's ... seen it all, the lies, the pump and dump ... and every mistake they make (or big banks) we pay, and pay, and pay .... there will be a Black Swan event soon ... my guess would be bonds, or a failed bond auction

[@josephking2987]

The Fed realizes that inflation cannot come down as long as Gov't. spending and deficits keep ballooning. More money has to be created to buy the debt.

[@rogerburn5132]

The same as in Venezuela and Zimbabwe very. Soon. US Dollar = Zimbabwe dollars = Venezuela bulivar

[@bruce5895]

all fiat currencies go to zero value over time, thats why they must have a reset but to do that they have to crash the system and make the dollar go to zero value, they could do that by just paying off the national debt, there are other ways but the important thing to do would be to protect your wealth with gold and silver

[@rogerburn5132]

@@bruce5895 correct all. Fiat currency's ever tryd always have gone down to 0 00. Staring with China in the 13 century Gold and Silver Can Never go to 0. Gold and Silver always preserve your wealth ask anybody from Venezuela and Zimbabwe. 🥇🥈🥇🥈

[@handyrams4822]

Adam Taggart is a financial interview legend.

[@cgorman31]

Insurance and taxes are killing FOMOs

[@Kendye6]

Great discussion guys. So many of these points ring true. I made several mistakes when buying last year and didn't listen to my gut or what the math was telling me. It was clear. I had FOMO, I listened to family, I tricked myself. Lesson learned.

[@Francisco-po1cf]

We’re in a crash right now. A crash up. Everything got expensive.

[@bruce5895]

No we are in a deflationary period right now where prices will continue to go up and the value of the dollar will continue to go down. IF you really want to find out whats going to happen just punch in the great taking and that has not happened yet but it is coming probably after the next election.

[@Francisco-po1cf]

@@bruce5895 same principle. The best way to prepare for something like this was to take out a loan. People with loans that existed prior to the run up are having an easier time making the payments.

[@herbertharris7316]

Exactly! It's my humble opinion that residential home prices won't be coming down anytime soon, especially with the U.S. Government giving money away to large INVESTMENT FIRMS, BIG BANKS, and COMPANIES such as BLACKROCK, BLACKSTONE, VANGUARD, BERKSHIRE, FIDELITY, BANK OF AMERICA, MORGAN STANLEY CHASE, CITI GROUP, WELLS FARGO, and large HEDGE FUND MANAGEMENT COMPANIES.

[@OilTrading]

@@bruce5895 If you were to look at the chart of the dollar you would see it's going up and not down. What is happenig is the beginning stages of hyperinflation....

[@BlueWaterSTAX]

Adam is a great guy. Thanks Todd. This channel is so beneficial. We appreciate everything 👍

[@KathyWhitehouse_RealEstate]

Adam Taggart speaks so thoughtfully and gracefully on battleground issues. Thank you Todd! I so enjoy checking in each week. #ansleyrealestate

[@MasterRoss-sn7dl]

My 14 y/o daughter told me we need a big reset and have a big debt problem. Must have heard it from her teacher.

[@heidiperkins6431]

That makes me so mad - of course no-one wants to hire criminals! If any judge rules in the criminal's favor the judge should be dis-barred and fired!

[@indman101]

Oh I don't know about that because where I use to work the employer knew he could pay them much less to do the same work just like hiring green card workers that just came to America they would scoop them up cheap and line there pockets up with cheap labor.

[@stolenjunk]

Define criminal

[@prolific1518]

​@@indman101 bingo. US depends on mass incarceration in many aspects

[@indman101]

@@prolific1518 America is not able to do that.

[@weighttrain1965]

Adam is spot on with his well spoken scenario re: the electoral shell game. Great collab with Todd and Adam thank you

[@mrs.d6149]

This made so much sense. I started watching your channel for real estate news only two months ago. You bring so much more to the table than mere real estate news. Thanks so much!

[@peggyh1395]

I’ve been watching Adam for a long time. He’s a true gem - honest, personable, intelligent and with a sharp talent for synthesizing information into easily digestible summaries. Thank you. both!

[@kledn]

Best takeaway “it is becoming more and more a aristocracy than a meritocracy, only if the young have rich parents could they afford a home, the spoils of the economy increasing goes to a small number of people”

[@lauravillicana1095]

You and your guest are just out of this world!!! I wish there were more people like You!!! God bless both of you!!!!🙏🙏🙏😍😍

[@JaneThorson-dm3ev]

I like looking and listening to Adam.

[@Elbro1996]

That was the best global economic interview EVER. Thank you very much.

[@dilatedtime]

Tod and Adam you both are my two favorite KZbin financial interviewers.

[@seannotaro473]

Luv adam. Guy is fantastic and a great interviewer!

[@SachsRealty]

Agreed

[@user-py7xe5bb1f]

Housing prices may have a minor correction due to a faltering economy or depression. The overall long-term trend will be dramatically higher housing prices in high demand areas because of the way housing a city planning is done in this country. It's basic math, fewer and fewer acres available for ownership leads to higher and higher prices. Think Great Britain, in particular London. The only way this will change is if there is economic development in less developed areas facilitating more evenly distributed populations. This won't occur with the state of American politics and the lack of a true unified American vision. We're headed to fiefdoms most likely dominated by very large corporations. Recommendation: Buy as much land as possible near drinkable water and support your community.

[@jimschroeder9815]

This interview is one of the more insightful that I have listened to in last few years. To say that we face some challenges is an obvious understatement. Our system of governance is seriously broken - it is sold to the highest bidder. Well done Todd and Adam.

[@thedetective8150]

Peter Schiff has not called out for a housing crash as he did 2006/2007. My brother had the money to buy a house in 2017 but followed people that said a housing crash was imminent. He waited for the housing crash and housing prices doubled. His investments made at best 10% but he can’t buy a house and can only rent. He’s hoping for a SoCal housing crash but that’s not likely to happen unless there’s a severe stock market crash.

[@jeffreymassey5541]

I listen to everything Adam Taggart is on. He is the most trusted voices macro-economic analysis and interviews. 💯💯👍🏾👍🏾✅✅👌👌

[@adam.taggart]

Wow -- thank you for those most kind words! I'm humbled.

[@wallye8713]

America is a young country. There will be all kinds of unrest coming just as in every other countries and societies history over the last 1000 years. Just hope I’m not around to witness it as I believe it will be extreme and brutal.

[@neilsmith4732]

@adam.taggert great to see you speaking more. It’s like a “cliff note” version of your channel. Excellent interview too Todd. You give your guests so much space to talk. Well done 👍🏻

[@heidiperkins6431]

The BEST interview vid I have seen over the past 2 years. I have watched both channels but having Adam be the interviewee was brilliant - so much knowledge and not afraid to say it. Thank you both!

[@guystl]

Todd, you nailed it. ALL commercial media outlets are all subservient to their advertisers, they are quite sensitive to the content they spew, FOX, CNN, CNBC, MSNBC, OAN, RSBN, etc, etc, etc. For example, look at any evening network newscast. They are all dominated by big pharma commercials as their audiences skew older. I dare any of them to take on pharmaceutical companies.

[@CliveBirse]

People try to predict the economy not realizing it is not a capitalistic market, its a command economy, central planning! my concern is, instead of having much dollar in bank that could lose value to inflation, do I save in gold to reserve and grow wealth for now, or just hang on?

[@mikegarvey17]

Gold is an inflation hedge in the long run but not profitable in the short run. Wealth transfer from people to the powerful is inevitable, but financial advisors can help some find solutions.

[@Susanhartman.]

the best market strategy is to work with a credible investing coach. Since a while ago, I've been in touch with a coach, mostly because I lack the depth of understanding and mental toughness to deal with the ongoing market conditions. You lack the information necessary to succeed in a competitive market, not because you're doing anything wrong, but rather because of your lack of experience.

[@Stan-Elfrink]

@@Susanhartman.Mind if I ask you to recommend this particular coach you using their service?

[@Susanhartman.]

‘Gertrude Margaret Quinto’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@NickRBellas]

I looked up her full name online and found her page. I emailed and made an appointment to talk with her; hopefully, she gets back to me.

[@geraldthomas9281]

On Adam's show last his host hit the nail on the head. When he said the USA is becoming a Banana republic. You have to understand why he said it. There will be very rich and poor.

[@jj3682]

I think we are already there- we have over 650k homeless and that's the most current data available but we know it's gone up. Cities are already reporting increases

[@Mk-KarenM]

Terrifying 😢

[@prolific1518]

People don't understand what a banana republic is. I turned it off when they said that.

[@inquisitive8903]

​@@prolific1518 whats it tgen? A plutocracy??

[@johnfkeating]

So grateful for both of you!!! We all are. I want interest rates to go double digits. I have no mortgage. Paid off this year. 5.3x% is awesome. People need a reason to save

[@Jalleur14325]

Yes agreed.

[@mackakiwinz4353]

Adam interviewing so many experts and being such a good interviewer and smart makes him a expert of experts! Fully agree with the both of you. Taggart for president. If you need a new home Adam we here in New Zealand would welcome you with open arms! Thanks guys

[@alankirpalani992]

Exceptional Interview and exchange of Information for the common man, Hats off to both of you!

[@kayak9078]

Todd, you keep nailing it with phenomenal guests!

[@tomdonovan4842]

Very professional and informative discussion I give high praise to both of you👏

[@Brandenburg008]

I'm fairly new to Sachs Realty but I love this channel. I love the in-depth, long interviews on different angles of the economy. I've been a huge fan of Adam's for a very long time. He speaks seemingly poetically in today's society. He has an incredible skill, during his shows, where when he's interviewing guests he follows up with a concise review of what was just said(like chapter endings if the interview was put into text) and it makes it easier to understand. This is important for people who aren't as well versed in such complex, (sometimes)convoluted issues. Great chat you two!

[@adam.taggart]

Thanks for those very kind words!

[@AnandKumar-gm3gq]

People should stop buying anything for one year then the price of everything will go down.

[@prolific1518]

Won't ever happen in a "consumer-driven" (materialistic) society.

[@annhomrich7921]

Appreciate both Todd and Adam! So helpful!! Thankful for their platform and heart/mindset to caution and warn us of reality to wake people up (who will listen and take action) to what is beginning, already set in motion, and the long term dire impacts. If we are prepared but our neighbors are not, are we prepared to handle the likelihood of those difficult situations if a crisis occurs. Would be good to build community with your neighbors, to help them so that they can help their families/others, and may end up helping you as well to maintain your/your family's lives. So appreciate the good, honest conversation to spur us to think and act wisely to prepare as best we can for the unfortunate real situation, economically, socially, and likely tough choices ahead while we still have any choices to make. If nothing major happens (which is very, very unlikely), you will still have benefited yourself, your family, and those around you.

[@johnburdick3773]

Big money flooded into the residential market propping it up which has delayed the effect. When the stock market corrects, these investments will drop from a lack of liquidity and then housing crashes.

[@tomdonovan4842]

OK, we’re at the end of your review and I have to honestly say I really appreciate it and it was top shelf

[@lindabrown6110]

Families have been torn apart by a lack of morality and stability. Schools don't teach basics just social garbage and politics. The entire country and the world for that matter is in freefall.

[@SchoolGirl2454]

What about all the criminals coming in? How do they help out our country? We have a hot mess on our hands.

[@dana44ism]

They don't. But soon they will help themselves to your home, food, etc...

[@henrikissagoolian4934]

Getting ready for Black Swan event???

[@lisae357]

Adam is a very brilliant guy- respect him greatly. Shows Todd’s talent having him here!!

[@bersig]

I totally agree re: Presidential candidates. Literally millions of qualified candidates and we get those two as choices??? Complete fail of both parties, at least if we're talking about serving the nation and its citizens.

[@andor8635]

Both these Gentlemen are vary vary good. They educate a lot of us normal people what's going on in the system. I would love to hear a video from Sachs Realty about building a home what's invoved like permits and other things. Problems that come up. I would like to build a home maybe some day my self. Sachs has lots of experance in what's involved. Dealing with the city and sub contractors. I could learn a lot.

[@SachsRealty]

I will work on this for a future video.

[@francisravenscroft-dw6gi]

Thanks gents- a discursive presentation. I hear alot about a decade of low inflation. In reality a decade of mass inflation of real estate - free money easy investment- easy returns, increasing asset growth. Now the commercial 'real estate' is a huge liability for investors, banks, and the shadow banking sector, and that will cascade into the housing sector-

[@carolynparton8842]

Thanks for having Adam on again, he is a wealth of knowledge. Always a great interview with him, please have him on again.

[@peterhumphrys]

A long discussion for sure, I would add a point that we might do well to think about how our society and social structures in North America (Canada-USA) from the pioneer setler experience has been transformed by government social suuports. In other words, our early economy was driven by people in need who needed to work, could not rely much on the "dole" and had to move to places that were not always very popular places to live but a living could be scratched out there now we all want to live in the best places which are getting over crowded and many places are dying slowly largely rural small towns etc,, supply and demand issues here. so to me it is not that people can not afford to buy affordable homes, but that can't find such in places where most people want to live and find high paying jobs, sometimes people need to live and work in the lower wage sector of society. Amish Mennonites today still seem to follow this pattern as they move out of Penn for more marginal farming areas (around me about 20 years ago, and my sister up near Sault Ste Marie, Canadian side, 10 to 20 years ago). Just something to ruminate on.

[@paulespinoza974]

It's gonna be more than a reset.

[@OilTrading]

On a side note grandma wants and needs the following: 1. Loaf of bread $300 2. Milk N/A 3. Meat N/A 4. Tuna $500 5. Rent $10,000 6. Insurance N/A 7. Tax $50,000 If don't have grandma says to do this: Not livable, who can pay? Answer....Nobody...That Is The Idea Where to go then? Grandma says it's best to lockdown for own good....military help grandma Grandma ask why? They say grandma get mark....aim good.... Everything good again now....power....gas....cell phone....food....all working now....great news grandma great news.

[@paulespinoza974]

@@OilTrading Very well written and compelling...

[@tiffanyisaacson1407]

Civil War

[@tiffanyisaacson1407]

​@OilTrading in the Civil War movie, they were using generators and warned Lee she may get stuck in the elevator so she used the stairs 😂

[@heidiperkins6431]

Thank you Adam for talking about immigration and how it affects debt, growth

[@isabelmetzger8336]

Thank you!. This confirms my take on current state of the economy. The lagging effect that the average person is either unaware or refuse to accept is a big issue and will be a rude awakening for many.

[@anitamel7009]

Adam is such a class act, such an intelligent conversation, beyond respectful and just has a palpable gage on what is happening & even though it is so negative, he finds a way to deliver it in a positive yet very serious & realistic tone.

[@homerswagman7373]

Thank You. That conversation was outstanding on many levels.

[@craiglarge5925]

I fondly remember the good old days of 1979-1983.

[@PowerGearPerformance]

We bought an used 2007 HR Ambassador /w only 30k miles back in 2022. We paid 100K for it and it and have been very pleased with the quality and workmanship. A 2007 RV is considered old, but between 2003-2010 was when the hightest quality RVs were manufactured. Rv's are expensive to maintain whether its poorly built or top-notch. In the past two years of ownership, we traveled 4,000 miles in it with the following repairs: * swapped out the original cooling unit with an amish 12v compressor for the Refrigerator- $1, 700 *Upgraded the front A/C unit - $1k * Replaced the rear toilet maserator - $300. Half-bath needs replacement now, too * All 12v LEDs lighting- $50 We're full-time in our RV on a farm, these days we don't travel to keep the repairs, wear and tare $$$ down

[@psillygal1953]

Who cares?

[@c.p.haslop2500]

My lucky day! My two favorite content creators, sharing their wisdom and experiences. Thank you for exploring present day challenges, including the third rail topics.

[@conniesheraw4702]

Paid 8 percent 48 yrs. ago on a Farmer Loan in a new housing division.Still living in paid for house. My point being interest rates in last 4 or 5 yrs have been ridiculously low.

[@inquisitive8903]

Ben low since 2008..

[@andrewsnyder9262]

You had more disposable income back then even with the high (low for your time) interest rate.

[@bbbeck6573]

Everyone keeps talking about lack of housing inventory, and there is plenty of housing inventory. Florida alone has an increase of 60% in inventory and will be spreading around the country and there has never been a shortage of houses. The homebuilders has falsified their numbers and have more inventory than ever: Now add increase in inventory from existing homes home prices will plummet.

[@CA06917]

Thank you both. Fantastic video....listen to Adam frequently.

[@lauraruiz4566]

Great Interview every time you have Adam as a guest!!

[@newtalking3]

Thank you for making this understandable

[@michaelchurch1477]

Excellent discussion. Inflation is a hidden tax that devours capital. It is nearly impossible to save and get ahead in this financial environment. This is what happens when a society accepts debt (every US Dollar is borrowed into existence) as a substitute for real money.

[@stopper90004]

Saving is easy: BTC . I've doubled my IRA by owning microstrategy shares and Blackrocks btc ETF.

[@inquisitive8903]

Michael.....i dont understand..if new money is printed then why is debt ? As it is now borrowed from someone. And who is getting the interest on that ?

[@michaelchurch1477]

​@@inquisitive8903 The buyer of the debt is paid interest. When someone buys a US Treasury Bond, for example, currency is issued which is backed by that bond. The bond holder receives interest from the issuer. New currency is also created through loans, including credit card debt. Fractional reserve banking allows banks to loan money they don't have. The entire system is based on debt. Hope this helps.

[@pmmackenzie1525]

Always enjoy hearing Adam's perspective.

[@jnicky2569]

Still my fave channel. I am overjoyed that your numbers are blowing up, and i will say i started listening way back in the beginning. You are excellent at your now 2nd career! Jeannine

[@YoPhocFays]

Dont buy real estate. Wait for the next 10 yrs.

[@Jalleur14325]

Depends..renting you cant really put roots down as a home.

[@ErnestoAguilar-tk6ho]

Great Lecture, thank you to both of you!

[@countrysister700]

I'm a Realtor whose broker wouldn't support my sharing this publicly. Being honest isn't popular. My "negative outlook" is simply looking at facts and remembering history. Oh yeah - reminding others about economic theory and practices you learned in college spotlights how truly sick things are right now and can't be discussed. Let's just say I dont go by my office often 😂

[@bpb5541]

What is coming is going to devastate most. The Dot Com Bubble and GFC were tiny compared to what is heading down the tracks. One man (woman's) devistation sets up for unbelievable opportunity... once in a 100 years. All that money they will be losing goes somewhere.