PROOF We Are HEADED FOR WORST CASE SCENARIO!

Ever since our country went off the gold standard, and the Fed and the government figured out, they could print, essentially unlimited dollars to fund all of their unwarranted spending we have been on a trajectory toward economic collapse. And since failure doesn't seem to be an option anymore when it comes to business or economic policy this is proof we are headed towards a worst case scenario.
Need a Realtor? homeandmoney.com/michael/
======
Like My Sunglasses? Get a Pair s.click.aliexpress.com/e/_DFf...
======
I offer 1 on 1 calls, book one if you'd like!
michaelbordenaro.com/book-ser...
======
My Filming and Editing Equipment
michaelbordenaro.com/my-youtu...
======
Sign Up for My Email list and Get Weekly Video Updates in Your Inbox!
bit.ly/MBreminders
======
Get Cash Back on ALL your Internet Purchases!
www.rakuten.com/r/NIRVPL2?eei...
======
My Microphone (Lot of People Have Asked)
amzn.to/3Mhs2oz
Articles Mentioned in the Video
www.federalregister.gov/docum...
www.floridarealtors.org/news-...
apple.news/A7weVmvjLScizioDxa...
#realestate #housingmarket #homeprices #housingmarketcrash
FTC Legal Disclaimer - Some links found in the description box of my videos may be affiliate links, meaning I will make commission on purchases you make through my link. This is at no extra cost to you to use my links/codes, it's just one more way to support the channel! :)
DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Michael Bordenaro is not a registered financial advisor. Your use of Michael Bordenaro’s KZbin channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, KZbin, E-Mail, and Instagram) for communications with Michael Bordenaro does not establish a formal business relationship.

[@MichaelBordenaro]

These HIDDEN COSTS Are BANKRUPTING HOMEOWNERS! kzbin.info/www/bejne/q2LNnIGKZ7etrKM

[@wisdoma4860]

WE MUST PRODUCE OUR OWN PRODUCTS WE DONT NEED TO DEPEND ON THE REST OF THE WORLD. THEY MUST DEPEND ON US. FIAT CASH SYSTEM WAS DESIGNED TO BE PRINTED AND GOLD, BTC, ARE DESIGNED TO BE HEDGE AGAINST INFLATION. INFLATION IS HERE TO STAY. THERE ARE JOBS EVERYWHERE, ANY ONE WHO IS NOT LAZY CAN RE-EDUCATE THEMSELVES AND MAKE MONEY TO ABSORB INFLATION. BUSINESSES NEED TO RAISE THEIR PRICES TOO, TO MAKE MONEY FOR THEIR INFLATED BILLS. GET A JOB AND YOU CAN AFFORD TO EAT. LOOK AT THE STREETS TOO MANY WITE AND BLAK YOUTH WHO REFUSE TO WORK JUST WANT TO DO DRGS WILL HAVE TO GO THRU HOMELESSNESS. VETRENS NEED TO BE HELPED, SOME VETS DECIDE TO DO DRGS AND HAVE TO GO THRU LIFES ISSUES. THE DOLLAR IS CREATED TO BE INFLATED ENDLESSLY, THATS WHY THIER IS HEDGES AGAINST THE DOLLAR, WE MUST BE NUMBER ONE, NOT EUROPE, NOT ASIA, NOT AFRICA, NOT MIDDLE EAST, NO ONE ELSE, BUT WE MUST STAY NUMBER ONE. WORLD CURRENCY. NO FUD WILL STOP US FROM WORKING OR CREATING OUR OWN GIGS. LOAN FORGIVENESS MUST BE REDUCED THO, DONT FORGIVE ALL THE LOANS. WE MUST STAY COMMITTED IN ALL PARTS OF THE WORLD AS A SUPER POWER. BUT WE MUST BE NUMBER ONE, NO WEAKNESS.

[@terrymcminn9679]

Mikael, Now Joe wants to get a loan from China to sent to the Ukrain war! REALLY!

[@EmeraldEyesEsoteric]

I think a small amount of UBI would be great, and really helps people at the bottom. Andrew Yang wanted to give everyone $1000 per month, but the people were evil in their hearts and didn't vote for him. Tell me now, after giving away 100 billion to Ukraine and Israel that we couldn't afford it. Yeah, we're getting what we deserve.

[@EmeraldEyesEsoteric]

The thing is, it's always been like this, ever since the Fed. Please check out Mike Maloney Hidden Secrets of Money 4. The whole financial system is a scam to siphon wealth away from the people through the banks and the printing of money.

[@EmeraldEyesEsoteric]

Dude, what you are saying is bullocks. It is NOT because of Stimulus! You need to watch Hidden Secrets of Money 4. If you do, you will realize you've had your head up your butt all this time. I guarantee it!

[@jacksfrost8467]

Anybody else feel like everything is a rip off these days? Car repair, vet, doctor appointments. Life in America is too expensive. Defund these idiots in Washington DC.

[@wakeup555]

I wish I could give ur comment a thousand likes

[@EmeraldEyesEsoteric]

Yes it is. If you want to know why check out Mike Maloney Hidden Secrets of Money 4.

[@bethany9430]

Yep. I've been saying that for a while now.

[@francismarion6400]

... public school system

[@user-cr5il4wz8d]

Are you kidding me? Even my local freelancer gals asking too much

[@ryanwilliams989]

In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.

[@TheresaAnderson-kf5xw]

The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.

[@maryHenokNft]

Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.

[@maggysterling33254]

@@maryHenokNftKudos on the effective execution of innovative ideas and tactics that lead to significant advancement. As I seek guidance from a trustworthy advisor, would you be willing to share details about the individual assisting you?

[@maryHenokNft]

Definitely! All of this happened in less than a year after *Gertrude Margaret Quinto* told me what to do. I started with less than $100,000, and now I'm about 17,000 short of having a quarter million dollars.

[@BiancaSherly-qt6sb]

My needs are kind of unique and complex. I'll contact her nonetheless, and I hope I'm able to make something out of it.

[@bnjmn_smth]

The outcome is the desired outcome. They know EXACTLY what they are doing. They are funding EXACTLY what they want funded. They are ignoring EXACTLY who they want to ignore. Trust me - you do not HATE your politicians and bureaucrats enough!

[@Bewefau]

yeah I honestly think so too, " I did not go to war for my country I went to war for corperations" -Major General Smedley Darlington Butler, 2 time medal of honor winner. From his book War is a Racket.

[@wisdoma4860]

WE MUST PRODUCE OUR OWN PRODUCTS WE DONT NEED TO DEPEND ON THE REST OF THE WORLD. THEY MUST DEPEND ON US. FIAT CASH SYSTEM WAS DESIGNED TO BE PRINTED AND GOLD, BTC, ARE DESIGNED TO BE HEDGE AGAINST INFLATION. INFLATION IS HERE TO STAY. THERE ARE JOBS EVERYWHERE, ANY ONE WHO IS NOT LAZY CAN RE-EDUCATE THEMSELVES AND MAKE MONEY TO ABSORB INFLATION. BUSINESSES NEED TO RAISE THEIR PRICES TOO, TO MAKE MONEY FOR THEIR INFLATED BILLS. GET A JOB AND YOU CAN AFFORD TO EAT. LOOK AT THE STREETS TOO MANY WITE AND BLAK YOUTH WHO REFUSE TO WORK JUST WANT TO DO DRGS WILL HAVE TO GO THRU HOMELESSNESS. VETRENS NEED TO BE HELPED, SOME VETS DECIDE TO DO DRGS AND HAVE TO GO THRU LIFES ISSUES. THE DOLLAR IS CREATED TO BE INFLATED ENDLESSLY, THATS WHY THIER IS HEDGES AGAINST THE DOLLAR, WE MUST BE NUMBER ONE, NOT EUROPE, NOT ASIA, NOT AFRICA, NOT MIDDLE EAST, NO ONE ELSE, BUT WE MUST STAY NUMBER ONE. WORLD CURRENCY. NO FUD WILL STOP US FROM WORKING OR CREATING OUR OWN GIGS. LOAN FORGIVENESS MUST BE REDUCED THO, DONT FORGIVE ALL THE LOANS. WE MUST STAY COMMITTED IN ALL PARTS OF THE WORLD AS A SUPER POWER. BUT WE MUST BE NUMBER ONE, NO WEAKNESS.

[@funkspinna]

The politicians are responding to what the economically-ignorant people want - free stuff... that leads to inflation and less productivity.

[@eighteenin78]

And you do not hate them as much as they hate you.

[@fjbtube6278]

💯☝️

[@Archangel55]

How can any debt be cancelled,when the Federal government is spending a trillion doĺlars ever 100 days !?

[@user-lh5re8jh7u]

Get ready for programmable CBDC. I think that is what the plan is for us. Complete surveillance and control.

[@lifewith9cats153]

Agree. I decided a few years ago to retire early and not to "participate" in funding this stupid, unsustainable government spending. I pay very little taxes each year. I encourage any and all people to do the same when able.

[@truthseeker1959]

@@lifewith9cats153Already have. Retired at 62 and just scraping by, but I am out of the rat race for now.

[@ADG-pl7ur]

The democrat party government goal is to destroy America and stay in power.

[@jjgreek1]

Yeah how did that massive tax cut for the rich work out ?!

[@jennifermarie8979]

They'll never "let it fail' before an election.

[@gfish9636]

Unless they think they might lose. I.e. can't guarantee enough ways to cheat.

[@lucindaphillips3271]

So true

[@operationretribution1263]

During 2008, I would agree, this time I don't know, any bailouts will cause the massive inflation we have to grow at a faster pace.

[@chuckchan4127]

Unless it's so bad they can't stop it from failing.

[@lauriegriffin1835]

But they will certainly let it fail after...scheduled my vacation before the election

[@pauleverman6947]

what in the hell! what dont people understand its never ok to tax someone then take that money and give it to someone else , this is one of the reasons this country is going to shit

[@jkmarshall3553]

Yeah, one of them.... So many others!!!

[@jonathantaylor6926]

Redistribution is the problem. If we had a responsible government I would have zero problem paying 10% in taxes.

[@matthewphillips5483]

This is how I feel about my money going to Israel.

[@kingscairn]

True !

[@keyisersoze]

No, it's not. Long-term credit + Interest + leverage + overproduction are the problems.

[@johnjohnston5437]

They want to forgive student loans but, at the same time the price for college now is higher than ever. Vote these fools out of office.

[@Bewefau]

I'd rather give money to students and give money to Iran

[@marciamakoviecki3295]

And they keep giving more loans

[@recabitejehonadab2654]

To get a degree college, colleges throw in mandatory junk courses all so professors can validate their useless jobs and get tenure.

[@lashunburton657]

Tuition needs to be capped as well! People wouldn't incur so much debt if college was actually affordable.

[@istvanpraha]

Also they could ban interest on interest which would be be more popular

[@edwardsuarez-ri5dz]

They should make the colleges buy back the loans of students who can't find jobs with their junk degrees

[@Track-Day-Rider-DJT24]

College is a complete scam.

[@Joe-no7gs]

I finally paid mine off 🙌 Never did me any good, that schooling, but at least it's off my back after 23 years of payments. I made every money mistake in the book.

[@AndyBlackburnart]

As long as the college or uni doesn't advertise falsely in its media (brochures, etc) about the percentages and statistics and what not, then it's on the students to realize they may be paying for a junk degree..

[@billcarney829]

Simply end government backed student loans. Go to a bank or credit union.

[@Archangel55]

College is the second largest business in USA ..I think😅

[@Alachua03]

Reminds me of what I learned from our family counselor when I dearly wanted to save my oldest son from himself and his destructive behavior! The counselor looked at me and said: “Let that kid experience the consequences of his behavior! Let him fail!” It was a difficult decision, it hurt me spiritually, but I decided to take the counselors advice! I cut him off and sent him packing! As a parting gift I arranged a tour of the local County Jail. The Sheriff explained about violence in the jail and my son asked what happened to the guys responsible for the violence. The jailer looked at the kid and said: “If it happens and we don’t see it happen, then it never happened!” You could literally see his jaw drop! After experiencing the consequences of his behavior he got back in College and today is a successful man! It’s a shame some of our politicians don’t have to experience the consequences of the stupidity!

[@seth101-hv4st]

🙏 praying for your son.

[@joseenoel8093]

Ya me too, had to let mine be his own worst enemy/train wreck at 15, 10 yrs later very successful with ultra amazing chick, my daughter's mad at me but I'm ok with that, she's pretty successful so that's just so great! 😊

[@keyisersoze]

Comparing families is a bad comparison, and it gets even worse when comparing families with a nation. Nations need to be compared to other nations.

[@Bewefau]

they have to much money that's why.

[@keyisersoze]

@@Bewefau Who has too much money?

[@cytosolic5303]

One of our nasty traits us humans is that when failure approaches, instead of reflecting on our mistakes, we double down on our worst behaviors.

[@brunoantony9257]

Our new national motto: "Everything is FREE and no one is responsible for ANYTHING"

[@doug6723]

Not true at all. Trump gave massive tax breaks to billionaires and corporations. Btw, he benefitted because he is incorporated and a billionaire. He also cut funding to the IRS. He paid no fed taxes for a decade, was found guilty of fin fraud, has been under audit for over 12 yrs so of course he doesn't want accountability. Meanwhile Biden wants billionaires to pay the same tax rate as you and I. He wants to have student loan forgiveness for jobs like teachers, otherwise there will be no teachers. It will take a lifetime to pay off your student loans if you're a social worker, or educator. So who would you rather have the money go to. The people who educate your kids? Or the billionaires who pay 8% in taxes.

[@MrORANGEMAN1966]

What's for Free ? The money going to Ukraine and Israel and endless wars filling the pockets of the Military Industrial Complex thats it

[@petersmith6145]

That is the false promise of Communism. If people don't wake up we all get to see the reality of Communism.

[@sage8573]

Except for literally everyone complaining that everything is too expensive. In these comments too.

[@stevenpage8847]

Except you

[@carlitoscabana7197]

The stock market is manipulated. Companies getting bailed out rather than allowing competition to grow naturally from anothers failure.

[@hashimrahman51]

I don’t think it’s manipulated. It’s discounting hyperinflation a la Zimbabwe.

[@wisdoma4860]

WE MUST PRODUCE OUR OWN PRODUCTS WE DONT NEED TO DEPEND ON THE REST OF THE WORLD. THEY MUST DEPEND ON US. FIAT CASH SYSTEM WAS DESIGNED TO BE PRINTED AND GOLD, BTC, ARE DESIGNED TO BE HEDGE AGAINST INFLATION. INFLATION IS HERE TO STAY. THERE ARE JOBS EVERYWHERE, ANY ONE WHO IS NOT LAZY CAN RE-EDUCATE THEMSELVES AND MAKE MONEY TO ABSORB INFLATION. BUSINESSES NEED TO RAISE THEIR PRICES TOO, TO MAKE MONEY FOR THEIR INFLATED BILLS. GET A JOB AND YOU CAN AFFORD TO EAT. LOOK AT THE STREETS TOO MANY WITE AND BLAK YOUTH WHO REFUSE TO WORK JUST WANT TO DO DRGS WILL HAVE TO GO THRU HOMELESSNESS. VETRENS NEED TO BE HELPED, SOME VETS DECIDE TO DO DRGS AND HAVE TO GO THRU LIFES ISSUES. THE DOLLAR IS CREATED TO BE INFLATED ENDLESSLY, THATS WHY THIER IS HEDGES AGAINST THE DOLLAR, WE MUST BE NUMBER ONE, NOT EUROPE, NOT ASIA, NOT AFRICA, NOT MIDDLE EAST, NO ONE ELSE, BUT WE MUST STAY NUMBER ONE. WORLD CURRENCY. NO FUD WILL STOP US FROM WORKING OR CREATING OUR OWN GIGS. LOAN FORGIVENESS MUST BE REDUCED THO, DONT FORGIVE ALL THE LOANS. WE MUST STAY COMMITTED IN ALL PARTS OF THE WORLD AS A SUPER POWER. BUT WE MUST BE NUMBER ONE, NO WEAKNESS.

[@pffyespff]

Companies were bailed out during covid to keep the jobless numbers down....but after that crisis, how were co's bailed out? Mike here wants proper crisis, like 2008 was, which would mean millions newly without a job and/or home, destruction of trillions $ of wealth, a lot of hard working people starting from a scratch, again. I kinda understand why FED is not interested in having this kind of shtstorm and is playing the game they play.

[@UziMovie]

The ones manipulating are the ones benefiting from the manipulation

[@nonamebrojones5545]

Zero evidence to begin to describe this claim in the first place. Crypto markets are 100% manipulated, though.

[@saininj]

Glad I'm so used to living under my means. Stay safe out there everyone.

[@Peststurmtief]

Same

[@user-db2ob2jc2f]

Ditto!

[@gobsmacked230]

Always have...always will...

[@Ttow49]

Most people that I have heard say that have absolutely no ambition in the first place😂😂

[@seth101-hv4st]

It doesn’t take a lot of ambition to live like a king on an average salary.

[@kurt2022]

As a self-employed person that has never taken a handout and also pay for my own food, these people make me sick. I drive an old vehicle and live within my means and to watch my hard-earned money inflated away to the point I fear having enough to live on in my old age. Let these people fail and learn to live within their means and not spend money they don't have on things they don't need. I also believe a total collapse is coming and the longer we kick the can down the road, the worse it will be. We have flat out turned into an evil and totally corrupt country in my lifetime on all levels. The good, honest, hardworking people of old will pay the biggest price, we always have.

[@SirAlford]

TedSpeaks channel my friend,

[@kingscairn]

Well said

[@robertwalker-gc1ds]

I'm self-employed as well. But what I did was I inflated my way out of debt and what that means is your debt is worth less as inflation rises. I took the opportunity and paid off my second mortgage completely and the first ones almost damn near done

[@Bewefau]

Why when you can lobby for more money. Stop voting for Joe Biden.

[@danettewelborn5577]

You are 100% correct

[@johncarlson6472]

I was living hand to mouth as a student, but as soon as I finished college and secured my job, I immediately started paying off my Student loans because I was brought up to honor my debts. It sickens me how leadership is forgiving student loans and allowing retail theft in the name of (cough) "compassion." They (leadership) are instilling learned helplessness (lack of responsibility), criminal behavior (lack of accountability) and entitlement mentality. One doesn't have to be a Psychologist to know the fallout of this will be devastating. Chaos and/or anarchy will ensue as hordes of adult children take to the streets and lash out, stealing, inflicting harm and destroying property because they lack the inner moral and ethical compasses to monitor their own behavior.

[@davoizchanger]

The gov't may respond with martial law, and there goes our rights.

[@amyhudson1016]

I think that has already started

[@truthseeker1959]

Of course. This is all planned. They WANT chaos to bring about a New World Order. Get it?

[@EvilMonkey7818]

More reliance on government is the end goal. Don't bite the hand that feeds you, keep voting for "free" stuff so entrenched powers stay where they are.

[@linmal2242]

Spot On ! Best post here. Bravo

[@matl7560]

I’m a vet and the Military member is the WORST when it comes to financial matters!! They go out and step into a $80k truck for themselves and a $65k car for their wife. They max out there star card and before you know it they are using the sergeants association to pay for their groceries. It’s completely 100% their own fault. Michael you keep telling it like it is. And fought for this country??? Not recently. There’s those that are in the military then there are THOSE that are in… the military. Less than 2% are combat related. Sorry but that is how it is

[@Ring0--]

E-1s with new Challengers comes to mind.

[@misternobody9801]

I’m retired military and work with dozens of others like me working as government engineers & technicians. None of us are struggling financially. An $80k truck is nothing when they’re clearing $200k a year plus their spouses income. You reach a certain point where you’ll never spend your investment income and just look for new ways to enjoy life now. Maybe you just have no financial literacy and believe everyone else in the military must be like that too.

[@augustek5382]

@@misternobody9801 lol 80k truck with 200k salary is way too expensive. After taxes what are you bringing home? 150k? If you have cash to pay 80k for a truck when that is great, but I doubt that most with 150k after taxes will have that money laying around for a truck purchase. There is one thing not struggling financially and other thing to buy 80k trucks... If people weren't financially struggling, they would not be in debt and the majority of americans are in debt.

[@JohnSmith-ti2kp]

@mati7560-- I hate to agree with you but the close military friends I had were horrible with money. They were high ranking and at retirement age could not come up with money for a down payment on a house.

[@johnjaco5544]

It's the only place you can drive to the food bank in a new car.Sick.

[@fredk9999]

I’m a military veteran and made it on my own. I paid my bills like everyone else.

[@HarrisonCountyStudio]

Thank you for being a productive member of society. ❤

[@SgtJoeSmith]

me too. i got free community college 2 years while in guard. that was it

[@keyisersoze]

I paid my bills like everyone else. I guess you didn't listen to the whole podcast.

[@debbiec6216]

Thank you for your service !!!

[@BrianK-zz4fk]

very happy for you and congrats. As an American what about PTSD soldiers? Im sick of sending money overseas when the people here are struggling.

[@Norm475]

I don't agree just because they are a veteran we should bail them out. Veterans cross the whole spectrum of human behavior, some are good some are bad, some are responsible and some are not. I spent four years in the service and you can't believe some of the dregs that are in the service.

[@erictheblue7256]

If life hasn't taught me anything else, I've learned experiencing failure is the key to ultimate success.

[@Pallasathena-hv4kp]

Nice platitude……

[@CharlesWilson-zs3vd]

Responsibility, It's something parents don't teach children today.

[@maddscientist3170]

or even 50yrs ago..look at the mess we are in now

[@CharlesWilson-zs3vd]

@@maddscientist3170 True, I'm 72, I believe everything went wrong, started in the 60's with Government welfare etc, and the illegitimate rates increased.

[@operationretribution1263]

I had a set of my tenants contact me today, asking me to give them a fake possible eviction notice so they can cash in their 401k's. They filled me in on their finances, and it's not good.

[@jkmarshall3553]

Sounds like fraud.

[@rn2811]

Why do they need an eviction notice? They’re still going to get hit with 39% that they automatically take out.

[@mommom3172]

I wouldnt participate in that. Thats tax fraud. 😬

[@b_unky]

Sounds like what they are trying to do is pull a “hardship loan” from their 401k. That one (sometimes) requies evidence like medical bills or notice of eviction.

[@jesusisking8502]

A rock and a hard place. If you don't do it they will eventually not be able to make rent and then they will get a real eviction from you, but you will be significantly out of pocket. They sound like good people who are just desperate and trying to do you right. :( It is their money at the end of the day. I don't know what I would do.

[@fcorrine]

As an Army vet, 2001-2011... I don't believe anyone deserves a bail out / hand out. We got paid to do a job, a little more dangerous than most...but paid nonetheless. Some of us were smart with our money, and others squandered every penny they earned. I was lucky, saved up 100k and put a down on my house. I believe we deserve free healthcare for life, majority of us are broken one way or another. Body beat down, or mentally distressed. VA definitely needs work. Maybe some type of retirement for an amount of years...not just for the 20+ years. Either way, to all my fellow veterans out there...Thank you for your service!

[@vickijohnson9367]

Remember this, when you are a elderly veteran, who’s service overlaps with declared war (hard to avoid that), go to the VA to get free medicine AND, if you are eligible for free medicine, you are impoverished, just on Social Security, so EVERY VETERAN WHO IS ELDERLY AND IMPOVERISHED, WHERE SERVICE OVERLAPS WITH DECLARED WAR HAS A VA AID AND ATTENDANCE PENSION AVAILABLE TO THEM! It comes in 3 levels, security it’s at least $1,000 extra a month, added to social security, it’s a life saver! Neither the military or VA will tell the Veteran he is entitled to this, so remember this, and pass the information on! (Expect them to be tricky, mishandling the application etc. You can provide information to your U.S. Senator in writing, asking the Senator to “investigate the mishandling”. That moves the ball past the goal post.

[@fcorrine]

@@vickijohnson9367 Thanks for the info.

[@russelllatham7153]

Hey Michael. I work in RV sales. April and March, so far, have been very dismal. Slow traffic and some of the worst credit scores I’ve ever seen from people wanting to buy RV’s. UGH!

[@debbiec6216]

Would never buy anything in this Economy , except for paying my monthly bills ( water , electric , insurances , etc. *Debt Free* !!! No Mortgage , No vehicle payments , etccc. It doesn't take much to figure out , what this economy going to take everyone , if they don't get a hold of their debt and get them paid off or continue paying monthly . *Spend Less$* ! *Save More $$$$!

[@russelllatham7153]

@@debbiec6216 I totally agree. I live a debt free lifestyle. It just boggles my mind to see people so financially irresponsible. UGH!

[@shanejones578]

@@debbiec6216must be nice, not really possible in your early 20s.

[@censoredeveryday3320]

I am trying to buy an RV and one dealership told me they wouldn't take cash. The only way I could buy anything is I would have to finance it first and then pay it off a month later. Uhm, wtf, over?

[@acs9787]

@@censoredeveryday3320sounds like a commission scheme to me. The idiots will let a unit rot on the lot instead of moving it. Greed at its best.

[@corbinb3992]

That's a lot of vets, 40k, in foreclosure. Some are disabled and on fixed income, but inflation has mitigated them staying ahead.

[@Joe-no7gs]

That's on them though. They bought too much house and lived too close to the redline. Kinda getting old everyone being a charity case and begging for help. What happened to folks handling their business and being responsible?

[@slapdat.byteme]

If you don’t think your college degree is worth you paying for it, then it’s certainly not worth me paying for it.

[@Bewefau]

Why don't you want to help other American's tho? You seem to be totally fine giving it away to Iran and the middle east Why? Why wouldn't you want your money to help America ?

[@PositiveMommaLife]

@@Bewefaurather give it Americans that foreign wars.

[@user-ui6ve9vr1t]

@@PositiveMommaLife How about we do neither.

[@user-ui6ve9vr1t]

The USA does not have the money for either.

[@funkspinna]

Well said.

[@Brooklyn-rj3np]

Tired of everyone getting free rides

[@BeardedVeteran1776]

This is wife material right here.

[@user-ht2sn2gr4l]

No your mad you can’t get a free ride, just like everyone else is

[@LouieBeethoven]

Please tell me how I can get on that free ride plan. I've been paying for years.

[@discplayersports]

College used to be affordable. They have been turned into money making machines. Eduction used to be the rule. Not anymore. I have a degree obtained in the 80’s. The schools should give out refunds. Why are football coaches making millions?

[@debbiecreter2005]

My 4 year degree cost $3000 from 1973-77. And I actually had a career from it! Yes, college has been a money making business for awhile now. Disgusting how ridiculously high!

[@night5091]

Yup, inflation Likely 12-15% (a year) if the truth be told last 3 years. This is the cost of spending more than twice what the wealthiest country in the world takes in taxes. The effect is that the money printed and given to the poor and Ukraine costs the middle class. As it turns out, turning off the global economy for 2 years and instead printing money to hand out, wasn’t such a great idea.

[@fredk9999]

Remember Silicon Valley Bank? Those (Democrat voter) account holders were bailed out. I’ll bet some huge contributions went back to the DNC

[@SgtJoeSmith]

Ftx, Theranos Inc, Enron

[@Bewefau]

@@SgtJoeSmith Sam went to jail tho.

[@emzywillrich7243]

We need to do a fact check. Only democrats, oh please!!!

[@fredk9999]

What about borrowers who paid back student loans or never borrowed? Why would a plumber, electrician or AC repairman have to pay for another former college student debt?

[@Jack-pd4ps]

Just like they’re ok with singles paying for families.

[@matthewphillips5483]

Don't get mad at people for playing the hand they are dealt. I don't see plumbers or AC repair "men" not taking advantage of what they can. Don't hate the player; hate the game.

[@hashimrahman51]

Uh we bailed out billionaire bankers in 2008.

[@chiragmehta8212]

I payed off my loans of over 150k, do I get anything back? I should have just never paid back so mother fucking Brandon can bail me out.

[@Bewefau]

helping your fellow man ?

[@jamesf8023]

We are already in Hyper-Inflation, and we will be feeling the pain for the next decade if not more.

[@matthewphillips5483]

If you think this is hyper inflation then you will freak when we end up like the Weimar Republic.

[@jamesf8023]

@@matthewphillips5483 Great point and well said and Yes for sure, freak out time as well.

[@puravida5683]

I am a 21 year military officer, and combat veteran. Let me leave you with this thought, when it comes to the new VA home loan issue for veterans! "A veteran is someone who, at one point in their life wrote a blank check made payable to The United States of America. For an amount up to and.....including their life!

[@Jack-pd4ps]

That’s every Veteran as war is unpredictable and unforgiving. Once something happens, there’s no going back.

[@seth101-hv4st]

Most veterans never see combat. WW2 veterans didn’t expect special treatment but they saw a lot more horror than most all of the modern vets.

[@jeltoninc.8542]

A veteran is someone who did not know, at one time, the value of their own life. I sign my life away to NO government or war machine.

[@danielbaird7419]

I’m a disabled veteran and I don’t even think this loan postponement is good. It’s no more than a political ploy used for votes. And it will only delay the inevitable if they are that far gone with their loan. As for your quote, that was plagiarized. As a man and a veteran I’m enough of a man to take care of my own business and don’t expect anyone to take up my slack and pay on a loan that I agreed to. I appreciate you going the distance.

[@HarrisonCountyStudio]

Just because someone is a veteran, doesn’t mean they are a good person or even deserving of this government (backed by tax payer) handouts.

[@fredk9999]

Thank you to our host for these outdoor walk-around tours and presentations.

[@Crusader1984]

The United States thinks it’s too big to fail, and eventually it will

[@ADG-pl7ur]

It's happening now

[@frankweatherford6848]

Its coming! Kinda like a great white charging up from the depths exploding on the clueless seal on surface

[@guzmancharles7]

Am a Veteran and have a VA loan in good standing, we have work so hard to keep up with my Mortgage. Am not saying not to help my brothers Veterans but if my wife and I work very hard to make our payments the government has to let them fail. We lost our home in 2008 during the ‘Housing Crisis’ not because we didn’t try to get help, everywhere we turn for help we had the door slam in our face. The person that was supposed to help us is the current senile President. Meantime the CEO of Countrywide got away with $500M in stocks and die in Hawaii not to long ago. Nobody that was guilty of the ‘Housing Crisis’ of 2008 was ever charge with a crime. So please let me know where am I going wrong. Enough is enough of these bailout, whats next the auto industry. Half of American households are struggling to cover rising housing costs. Great video, Thanks👍

[@Bewefau]

The housing thing is by design. Corporations want you to rent a house from them so they can control the market and set the prices. They been doing this now for 20 years. They buy up blocks than the set the market price for rent in those 40 homes they own. Than make a fake company to buy 40 more homes. Some Heggfund. They want to make very thing you rent it and not own it even computers Microsoft is pushing the BS too. The Video game industry is doing it too wants to go all digital so you rent it. Not own it. They can't stop you from putting a disc in your machine and play it. But they sure as hell can update there hardware and lock your digital game.

[@manuelmach86]

Mike, Dude, you just solidified this subscriber man. You killed it with your straight up facts. “Im not ok with money just being given away…….. you’re the man keep it up brother. Today, it was like you were pulling all of the words out of my head man!!!!! Crazy times we live in, and i see it with own my eyes in the bay area of Ca……Thanks again!

[@JoshuaEdson22]

As we witness the current economic landscape, it's becoming increasingly clear that we're entering a recession. These times can pose significant financial challenges.

[@TheRothschild770]

Indeed, Recessions have a way of affecting people's financial stability and investment portfolios in profound ways.

[@jenniferestwin5814]

You went to college you pay your own loans 👍🏻

[@debbiecreter2005]

Yes. No bailouts. The Supreme Court voted last year to deny student loan forgiveness. Looks like Biden does what he wants anyways. Unbelievable.

[@rodneywalden5358]

I have always used my VA loan benefit, but my wife and I have always lived below our means. Many people/ Vets listen to their realator, drink the koolaid, and buy more home than they can afford. As you have mentioned, numerous times, buyers don't plan for or anticipate future downfalls like unemployment, increased taxes, or increased insurance.

[@anthonyhoh5073]

As a veteran, who bought a modest home at 150k...could've went for the 300k McMansion. Think you should let them fail

[@chrispyott4083]

My house was 300k and 760sq ft

[@wisdoma4860]

WE MUST PRODUCE OUR OWN PRODUCTS WE DONT NEED TO DEPEND ON THE REST OF THE WORLD. THEY MUST DEPEND ON US. FIAT CASH SYSTEM WAS DESIGNED TO BE PRINTED AND GOLD, BTC, ARE DESIGNED TO BE HEDGE AGAINST INFLATION. INFLATION IS HERE TO STAY. THERE ARE JOBS EVERYWHERE, ANY ONE WHO IS NOT LAZY CAN RE-EDUCATE THEMSELVES AND MAKE MONEY TO ABSORB INFLATION. BUSINESSES NEED TO RAISE THEIR PRICES TOO, TO MAKE MONEY FOR THEIR INFLATED BILLS. GET A JOB AND YOU CAN AFFORD TO EAT. LOOK AT THE STREETS TOO MANY WITE AND BLAK YOUTH WHO REFUSE TO WORK JUST WANT TO DO DRGS WILL HAVE TO GO THRU HOMELESSNESS. VETRENS NEED TO BE HELPED, SOME VETS DECIDE TO DO DRGS AND HAVE TO GO THRU LIFES ISSUES. THE DOLLAR IS CREATED TO BE INFLATED ENDLESSLY, THATS WHY THIER IS HEDGES AGAINST THE DOLLAR, WE MUST BE NUMBER ONE, NOT EUROPE, NOT ASIA, NOT AFRICA, NOT MIDDLE EAST, NO ONE ELSE, BUT WE MUST STAY NUMBER ONE. WORLD CURRENCY. NO FUD WILL STOP US FROM WORKING OR CREATING OUR OWN GIGS. LOAN FORGIVENESS MUST BE REDUCED THO, DONT FORGIVE ALL THE LOANS. WE MUST STAY COMMITTED IN ALL PARTS OF THE WORLD AS A SUPER POWER. BUT WE MUST BE NUMBER ONE, NO WEAKNESS.

[@kidwichita]

Amen, me too.

[@jenns37]

300k is definitely not a McMansion.

[@maddscientist3170]

AGREE

[@gobsmacked230]

The problems highlighted by Michael here are true and not limited to the US. In fact, we are doing "well" compared to many countries in the world. Since the world is still inter-dependent, the potential problems are truly frightening.

[@beorbeorian150]

Selling on eBay is an eye opener. People win bids then don’t pay until their payday. They literally don’t have $15 for a used shirt until payday. Crazy.

[@Bruins77Fan]

I agree 100% with everything you said. Its going to be BAD.

[@johnnymidas5879]

THANKS MICHAEL, HAVE A GREAT SUNDAY BROTHER 🌴🌄🌴

[@pauld2913]

Only so much duct tape the government can put on this heap. Thanks for posting.

[@veronicaegidio2374]

complete DOOM print print print Monopoly money

[@dunggg]

As a current active duty, bailing out VA loan homeowners is not a thing I am for. Far too many military members are too reckless with money to deserve a bailout. I see many airmen going around talking up VA loan as a tool to build wealth and get in over their head.

[@thearch1tect249]

Saw a video of what inflation looks like in Alaska...Sliced wonder bread $14.99 a loaf. $10 plus for eggs. $40 + for steak. Canned beans $10.99.. Crazy We will end up like this on the mainland if this keeps up!!

[@SickocrowAU]

Oh they'll let it fall. Once the elites and corps have secured their end.

[@lorenzodelacruz1887]

One thing we can be certain of is after the election, each side will blame the other and "we" continue to fall for it. I'm a veteran and have never used the va loan guarantee - it was always cheaper to use conventional. Just because I volunteered gives me no special anything. Those who did not serve were making a difference to other areas to our country. Good show.

[@istvanpraha]

So happy you talk about this stuff - I am struggling on 115k salary AND I have low rent. Taxes are killing me so are random expenses like utilities and parking. I don’t eat out and haven’t traveled since before covid. No clue how normal people on lower salaries live but when I raise this issue in real life, too many people think I’m dramatic or, scarily, act like they have no clue what I’m talking about

[@marblox9300]

The 20 year period where they kept interest rates super low shows they are just trying to artificially prop up Real Estate and Stocks. You see what that did - caused Real Estate to skyrocket. There is a downside to this formula and I hope I live to see it happen.

[@censoredeveryday3320]

The downside will be the collapse of the US dollar. It will happen eventually because the east is tired of dealing with the US reserve currency which has not been used to seize Russian assets. USD is no longer trusted. This alone will be the downfall of the US and nobody is talking about it

[@time2eat850]

I totally agree with Michael. I want to add is THROWING MONEY AT THE PROBLEM ain't SOLVING ANYTHING. It's a LACK OF DISCIPLINE, BAD Behavior, and WEAK/VICTIM Mentality is the PROBLEM

[@kingscairn]

And no economic traning / knowledge

[@keyisersoze]

@@kingscairnno economic training/knowledge Wrong thinking. The Fed has hundreds of freshly minted PhDs in math & physics who do NOTHING but model out various scenarios of the economy and monetary policies on Constitution Avenue.

[@time2eat850]

@@kingscairn Thanks! I agree Financial education

[@stockey]

It's called kicking the can further, but the longer it takes, the harder the fall.

[@gchristian7612]

I'm a veteran and I 100% agree. Take responsibility for your situation.

[@jorge1170xyz]

I'm a Veteran and I think this is such horse manure. I'm also someone who paid off all his student debt...so that (unconstitutional) policy is BS too.

[@MichaelBordenaro]

Thanks for saying that!!

[@user-dk7os6hp4z]

I'm a disabled vet..I didn't pay off the loans from college, was only 7, 500 but the govt canceled it for me....their jesuits. ..and communists...look up the jesuits ..and research them..

[@user-dk7os6hp4z]

Look up the jesuits....and communism..

[@uguud]

Whose going to bail out the government? Nobody,. That's why people have already begun to repudiate bonds and flee into other assets such as gold/silver, real estate and stocks. Eventually, they will default on all government debt as it's unsustainable as well as cancel the currency. This is why I disagree with the housing crash supposition.

[@wasteddude]

One huge thing Mike does not mention is greedflation. People are under this illusion that we have a healthy competitive market. We don't. A handful of corporations control integral parts of our economy. They reported RECORD profits. They contributed heavily to inflation. The cost to manufacturer goods go down but they do not lower the price.

[@MsArri81]

Agree! No one is talking about the price gouging that these corporations are doing. Shrinkflation. Energy also is being price gouged. How much of this inflation is really just plain old greed?!

[@user-mn6ze8ks1u]

it's so nice to hear you speak the truth about what's really going on. i'm 60 yrs old and never purchased a new home or a new car, this was by choice on my part, i'm so glad you continue to speak out about corrupt insurance companies and HOAs, our Government is selling us a bag of shit and telling us it's gold lol. looking forward to the next one Michael, thanks.

[@RenegadeManta799]

It's gotten to the point that America is as expensive as places like Sweden and Denmark. I've been to both in the past 2 years, but we don't have the benefits they have like government healthcare, and an actual social safety net. Literally dinner in NYC is more expensive than Copenhagen, I'm not joking, and our gas? It's the same price as Tahiti, Tahiti! An island in th middle of the Pacific Ocean that's an 8 hour flight from the nearest continent. This country is a joke.

[@claven3608]

Taxes are much higher in those places.

[@PonderousPug]

That's their point

[@larryhanshew5173]

HOW ABOUT PROPERLY QUALIFYING BUYERS…JUST AN IDEA..?

[@lukekibbles]

No that’d make too much sense (and not get enough people into overpriced mortgages then)

[@KikoValleyMan]

A novel revelation! 😂

[@censoredeveryday3320]

Then there wouldn't be many buyers

[@curly__3]

When the government picks and chooses who wins and looses in business, you have outright fascism. That is what we have had since TARP in 2008.

[@Bewefau]

tarp ?

[@curly__3]

@@Bewefau troubled asset relief program... Look it up.

[@RenegadeManta799]

Student long forgiveness is incredibly stupid and unfair, why should I, someone who dropped out of college have to pay for your bad choices? Even more so why should an immigrant working a minimum wage job at McDonald's have to pay for your bad decisions?

[@captnjerry4950]

You do a good job of using common sense in your vids. Problem is that's a quickly vanishing trait today. Most young people today have never really experienced hard work and adversity. I'm 63 retired firefighter of 35 years. Worked 2 jobs for about 30 years to provide a good home for my family. Never wanted a free check! Made me feel proud to earn it. That is being destroyed as we watch. I'm just going to say it. If we have 4 more years ahead of us on our current path you may want to prepare differently.

[@cgrf45]

I don't know. This weekend my wife and I went to 2 Targets and a Walmart. 2 huge malls. I also went to 2 car dealerships. All packed.

[@HarrisonCountyStudio]

The consumers will consume until their consumption exceeds their ability to pay.

[@Alex-jx5bx]

Michael if we do not help Ukraine and Israel , we will have bigger problems unless we start learning Chinese and Russian. Look at WW1 and WW2 history lessons. We should be smart with what we do and do not repeat stupidity .

[@michaelsnively3621]

And that doesn't even stop some of us....​@@HarrisonCountyStudio

[@mommom3172]

They are still running up credit cards. Im seeing it on credit reports I review at work. The house of cards eventually falls apart.

[@matthewphillips5483]

Pretty much guarantee that all that shopping is done on debt.

[@laurijohnson7754]

All of this upsets me so much. My husband and I are retired with a paid off home, 500,000 in an iRA and no debt. We both also have above average Social Security incomes and a small pension. Most of our friends for years went on vacations, upsized their homes and bought lots of toys. Now most can’t retire. We were responsible by living below our means. I see all around us all of the student loan bailouts, extra veterans benefits, the huge child tax credits, Earned income credit, free healthcare for the poor and many other programs I probably don’t know about. In our state you make out if you are poor and have children. I know of a couple where her husband doesn’t work because between all of the government orograms he makes close to 75,000 a year! But the elderly get very little help. They want to cut Social Security! We worked! Cut other programs!!!!

[@laurijohnson7754]

Thank you!!!! Take care of yourself! Don’t expect everyone else to bail you out

[@censoredeveryday3320]

How big is your house?

[@mikisunshine9334]

Goodbye America.

[@FloridaMan23]

Veterans earned their benefits.. sorry that upsets you

[@laurijohnson7754]

@@FloridaMan23 yes they did. But as Michael has said, too much is being given Out. Plus like with the issue with the poor there are so many that are bilking the system.

[@Rick-gy8fz]

Credit card junkies are killing this economy. 8 out of 10 people are paycheck to paycheck. Not long ago, it was 6 out of 10. I have seen the airports packed for the past 3 years, 80 percent are these credit card junkies.

[@TheSuperdodgy]

8 out of 10 is an extreme exaggeration.

[@BruceLee-xn3nn]

A coworker of mine braggs about how much debt he has and all his fkn credit cards. I told him that shit is nothing to brag about

[@franktolman4970]

Interest rates have been too low for too long. It is a big part of why we are having issues now. Borrowing money has been too cheap and people get overextended because it is easy to borrow more than you can afford.

[@craigelliott933]

Unless I've missed it, I've yet to hear anyone in the government going after the colleges for charging too much for these degrees. It seems like it's always just forgiveness of the loans.

[@SProz69]

AMEN Brother!! They need to let it all FAIL! Starting with the stock market.

[@bobocruiser8037]

Every time I hear bailout , wars, stimulus . The dollars becomes confetti 🎊 .

[@Ultrajamz]

Stopping some failures is holding back my success. I’m doing well but can’t afford these homes anyways, people like me need these foreclosures.

[@MCC876]

Beautiful area you walked in today.

[@Osriv2007]

Hyperinflation will be the least of everyone's worry when the entire world is on the verge of WWW III

[@domenez]

I'm so happy I made productive decisions about my finances that changed my life forever,hoping to retire next year.. Investment should always be on any creative man's heart for success in life

[@arktom7335]

I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just small investment, thank you Stacey Macken.

[@waynes4369]

Truly, investing has changed my perspective on how one can succeed in life; working multiple jobs isn't the optimal way to attain financial freedom and unfortunately, we discover this later in life. Currently earn as much as 12 grand weekly and this has improved my financial life. Great piece!

[@arktom7335]

She often interacts on facebook , using the user name

[@arktom7335]

Stacey Macken , that's her user name

[@censoredeveryday3320]

@@arktom7335 Stacey Macken is a fraud and cheated on her income taxes. Has been arrested 5 times and served 6 years in the federal pen. Don't contact her at all. This whole thread is a scam post.

[@shiningbright2649]

Our participation is a confirmation to the system. If you are doing the same things you have always done why would the Gov stop doing things they have always done?

[@douglasstone3813]

I support these moves by the VA to support Veterans and their families.

[@MaxItUpwithMarta]

me too!

[@WingedRyno]

Why do you support the government stealing from citizens in order to give something undeserved to former government employees?

[@WingedRyno]

@@MaxItUpwithMarta any other thievery you support? Probably a fan of stealing from ordinary Americans to pay off those with student loans and perhaps you love the theft to pay off corporate banks and companies. Or do you only support theft that benefits former government employees?

[@ShutterSpeedGaming]

Me too! Forget what this guy is talking about.

[@WingedRyno]

@@ShutterSpeedGaming you can write a check. Of course most people are only generous when they can get government to take money from others to pay for their generosity.

[@jimmyamico4713]

The truth will set you free Michael… Good job❤

[@sherrryann]

-we've been in financial ruins for 4 yrs & others who aren't feeling the same or dealing with similar things are in for a rude awakening if/when the whole bottom falls out across the entire board/all markets...

[@emzywillrich7243]

It's been a lot longer than 4 years!!

[@scottkarolchyk9187]

It would make more sense to just add the delinquent payments onto the end of their existing mortgage. Allow them to start repaying their mortgage but all missed payments are just moved to the end, extending the length of the mortgage. No fees, no added loans

[@richardb.7054]

I saw a new large SUV being repoed this morning in my town. Second time I've seen that happen over the past few months.

[@arthurshirman6223]

They would never help small businesses because that would go against what they are for. They hate it when people work for themselves. Hater to control those folks.

[@ericpike5856]

Thanks for telling the truth.

[@steve5976]

Capitalism without bankruptcy is headed for catastrophic consequences . 2008 sealed the deals . Everyone gets a bailout which means catastrophe for currency involved

[@Juliet875]

Thank you Michael and Happy Sunday!

[@arnoldberk2809]

Popcorn. At first a few pops. Bail out a few banks and a few veterans. Then it’s more pops. Some student loans. Soon the whole pot is popping and you can bail them out.

[@FreeAmericanUSA]

For millions of Americans the "When" is now. The data speaks clearly. Delinquencies, foreclosures, and repossessions are happening at astonishing levels.

[@PortlandEast]

Unemployment is 30%

[@rachaelgraham8963]

That’s great! I hope all the veterans keep their homes.

[@GlobalAdventurer]

Something as small as people not ordering through UberEats is really telling. I haven't seen anyone on my street ordering food for delivery like they used to.

[@WingedRyno]

No, Veterans do not deserve to be bailed out after failing to pay the terms of their low interest loans with no down payment required.

[@tinman8972]

Reagan said it best when he quipped that big gov't's approach was: "If it moves, tax it; if it keeps moving, regulate it; and if it stops moving, subsidize it."

[@realestatephotovideoshawns1177]

FJB and the entire Democrat Party.

[@jackwilson3121]

FDT & the entire Republican Party

[@realestatephotovideoshawns1177]

@@jackwilson3121 😘

[@greendesertgoddess]

@@jackwilson3121 Eff 'em all! . . .

[@NoDaysOff-oz2zl]

@@jackwilson3121 MOST of the Republican Party

[@funkspinna]

​@@jackwilson3121Biden's America

[@bobbiecrider6964]

68 and A half 👍👍 1955/(72) @18 1973 Yom Kippur Veteran. BUT I am out of the system just the way I planned it. I don't look for help or turned it down. I am not in the sheep pen. The government will not be your daddy unless your female.

[@brettekeland4679]

Hey Mike, I hope you are having a great Sunday! Keep up the good work!

[@kensmart1976]

Totally agree. Sadly there are too many Democrats willing to vote for unlimited spending. And they are the ones for the surging inflation of the last three years. You cannot spend trillion dollar deficits with impunity.

[@bonniegaither3994]

This actually started with Trump. He certainly did everything he could to make the already good economy continue to look good. It was artificial, like him. The economy was going too good for too long.

[@bonniegaither3994]

Republicans are spending just as much money

[@phreedomphile]

@@bonniegaither3994 Trump and Biden, and Clinton and Bushes, et al = two sides of the same Masonic coin and that's why Reagan admin said "deficits don't matter" (it will matter very soon)

[@kenlang2154]

I have a VA mortgage and I agree with Michael. A lot of veterans are pitifully poor at managing money. When I worked at the VA 15 years ago, so many veterans had to have fiduciaries to manage their money for them.

[@davidhall3747]

Your comment makes it look like they are Wards of the State.

[@Wasaychwrowser09]

That's because they were not physically capable of handling their finances and had no family to help. Tell the whole story.

[@kenlang2154]

@@Wasaychwrowser09 That was the whole story...a lot of veterans aren't good with money management.

[@Wasaychwrowser09]

@@kenlang2154 it’s American’s in general not just vets.

[@kenlang2154]

@@Wasaychwrowser09 Sure but the topic was the VA bailing the vets out.

[@jerryandre3270]

Michael, I agree 100% with what you’re saying.

[@erictheblue7256]

As someone who took on substantial student loan debt to get my bachelor's degree years ago, I do not agree with any student loan debt forgiveness by the government. It took time, but I paid my loan back in full. Students are old enough to know (or should know individually or with parent guidance) that loans have to be re-paid. This is one of life's fundamental financial truths. It's not fair to millions of past students like me who paid their loans off with no assistance to have the government arbitrarily (or not arbitrarily-it's an election year...) pay off the debts of other students.

[@matthewphillips5483]

It doesn't matter if you agree with it or not. Many people's loans had loan forgiveness provisions built into the contract.

[@debbiecreter2005]

Whoa! That’s news to me. That was never on the loan contracts my daughters had, but their loans were paid off in full anyways which is the legal and responsible thing to do.

[@erictheblue7256]

@@matthewphillips5483 Really, for Federally backed student loans like I had? Source?

[@jamesstone9213]

​@@matthewphillips5483says the mooch

[@matthewphillips5483]

@@erictheblue7256 Try reading your promissory notes.

[@CharlesWilson-zs3vd]

Thanks Joe,

[@shearenergy8203]

Thanks for doing all this homework for us my friends and I we talk about this every day so it’s nice that you let the public know the truth and the consequences

[@josephjames259]

Precious metals are going up despite the dollar strengthening. Very strange.