U.S. Economy Breaking Point (2025)

[@JohnDaniels]

“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." Henry Ford

[@VlamirJohnson]

That's why they give us professional sports, Hollywood, and only a rudimentary education. So that the people don't discover the truth.

[@milkshakeplease4696]

he's wrong people just wanna eat and sleep

[@bellakrinkle9381]

@@milkshakeplease4696 and remain stupid.

[@greywolf2622]

People don’t care that the system itself is screwing people over as long as the people it’s screwing over is someone else.

[@foxmoongaze]

@@milkshakeplease4696 They would eat and sleep a lot better without the current monetary and banking system .......

[@BlueWaterSTAX]

Brent is right. My emotions overwhelmed my portfolio negatively. My miners and gold stocks are getting CRUSHED. Thanks Todd

[@victorfontaine4943]

If the job market is strong then why is everyone drowning in debt working 2-3 part time jobs and using 35% interest credit cards to buy groceries? Brent thinks if it’s not in the statistics then it’s not happening.

[@stella-gx8ne]

Most people are buying things they don’t need nor can they afford. Check out the debt people are incurring because they want to appear wealthy. Don’t buy 💩and see how much more accessible money you’ll have.

[@MrR40388]

Currency devaluation caused by the gold standard being abandoned in '71.

[@SaltwaterRebellion]

I was saying the same thing. Almost 7million able bodied people have gone out of the work force and 1 in 3 Americans are getting benefits. 70% of counties in the United States have over 25% on some sort of financial assistance program. This is not a strong job market what so ever.

[@miriamseidel8463]

Brent is out of the loop. He is in his own bubble. Inflation is just another tax put on the lower & mid/lower classes.

[@tuannguyen-zk3lv]

@@victorfontaine4943average Joe cant keep up with daily living cost with 1 job.

[@insiteandawareness3500]

I'm glad I bought a new car before these tariffs come in. I saved for 3 years and now I can give my son my old car. I'm worried about the young people like my son who's 28 and he doesn't own a house but rents. I bought at 25 but then went through a divorce. I then bought another house at 31 now no one can afford a house where I live.

[@UCSF2023]

With an aging population, increasing wages to fight high prices does not address the elephant in the room..

[@p51mustang24]

The day of the pillow approaches

[@WeeG-bwc77]

It's all about kicking the can for "them". Let's call them "Nancy Pelosi's Generation". They don't want the collapse, at least not while they are alive and kicking, and especially not when they are losing mobility and still have to flee to Puerto Rico (or Switzerland or wherever these people go). They'll keep it going for as long as they can, for as long as the fiat printers run. The printers are smoking and catching fire now, and they will eventually explode.

[@kkiissssiikk]

But next 10-15 years will be Silver Tsunami: boomers leaving jobs and selling assets.

[@MrR40388]

Gold standard.If not abandoned in '71 we would not be discussing this.

[@kevinjoseph517]

@@p51mustang24 ?

[@mauricerobson6341]

There is too much money in too few hands.

[@geertterharmsel]

trump will make it worse

[@WeeG-bwc77]

Follow the Bankers.

[@HenrJensen]

And too much deficit spending, and too many stupid, just to bring a few more of the key issues up

[@kenny6055]

@@geertterharmsel You mean worse than obama/harris? Nothing could be worse!

[@Triple12345-n]

Time to get off the couch and start earning money. Money is easy to make in America, but it does take effort.

[@mcgowee]

Brent has a way of making me see things from a different perspective. I love that. Great analysis of Trump.

[@SachsRealty]

Thank you for your super-chat. 🙏 Brent certainly has a well thought out perspective. Very bright guy!

[@rogerme247]

Deflation happens whether we like it or not. No demand will drop prices, not rapidly, but over time. I was amazed traveling in Denmark there were almost zero restaurants outside city center. Taxes so high people went home and made their own food. Eating out was rare. Buying a second car was rare.

[@jacobjorgenson9285]

Denmark’s debt is around 10% of gdp

[@ryanscanlon2151]

The only way out is to break the debt cycle, and it's gonna hurt but switching back to a surplus based economy from a debt based on is a massive swing.

[@Technotranceism]

This can be eased some, thru a huge implementation of robotics, and automation. Taking away the useless hours spent by humans, can spur some growth, and find better use of human resources for society. It depends on how it's all thought out, and implemented. Ideally, countries may have to become more independent.

[@bellakrinkle9381]

Easier wished than done.

[@erickanter]

Not going to happen.

[@panchovilla5940]

@@Technotranceism what are you gonna do with the workers, than??

[@TrevorEMayo]

@@ryanscanlon2151 I'm sure you'll be first in line to vote for those representatives that want to deliver you pain.

[@YoPhocFays]

Don't buy, keep renting for now and wait for the crash

[@rickreese5794]

Move back in with parents 🤷🏿‍♂️🤡😁

[@puppets.and.muppets]

work only part time. then work full time after crash but for 5x the wages

[@gracecase998]

What I am telling my 25 year old son. He has a good job. He is just paying debt, saving, and waiting. Renting a really reasonable place. Patience will pay and not get him deep in house debt.

[@1Skeptik1]

There is no upside in renting today or tomorrow or 50 years ago. Inflation is by design and averaged 4.25% annually for the past 50 years. (I'm 73 and I lived it.) That means the prices of commodities (including shelter) double every 16 years. Inflation is a profit center for the government, it is here to stay. Crash? I own a few modest investment properties and I'm down about 16% over the past 2 years, it is all a part of the game. My tenants provide me with a respectable retirement income regardless of market conditions. Note: I bought small fries for 15 cents in the mid-60s, now they are $2.69 plus tax. Twenty years ago you could rent a modest 2/2/1 on my turf (34606) for $500 a month, the same house rents for $1600 today. Lastly, my stepson (47) rents and lives hand to mouth. I preached to him for 20 years and my words are not heard. For what it's worth.

[@stevegarza5143]

Crash means there will be mass layoffs. We need balance and resetting, that is happening right now. Trump is going to raise tariffs and interfere with labor markets so I would expect prices to continue to go up for goods and services, that may completely get you what you want, which is a crash. I'm praying it doesn't.

[@FastCar5]

The "but everybody is doing it" is the reason we are where we are at. Go along to get along has become the American way.

[@Kathleen67.]

True

[@petermangano6206]

A lot of you need to listen to Brent's speech on breaking free from his own personal biases on a loop for as long as it takes until you get it. Any simplistic statement with absolute certainty coupled with condescension only displays your own personal biases and blind spots...

[@Drone-h2i]

thanks i needed a lecture from a stranger on youtube this morning

[@charlesbartlett2569]

Wealth inequality is guaranteed to increase. I’m ok with that until the peasants revolt. 😂

[@DawnMcDonnell-d5w]

Love this world view prospective on preparing for a downturn & creating the avenues for a win. For those not in the top 1% 10% 20% for middle class & lower class - keep on a budget, don’t go crazy and spend over the holidaz , buckle up hunker down things are not going to rosy no matter what political govt we are in. # 1 take care of your health, eat good Learn new things , keep your savings, budget get out of debt. Work hard cuz jobs are going to going gone

[@jeffDwyer1]

Most Americans have no clue about the markets. They are all tripple long and don't even realize it. 1. Their job 2. Their 401k / IRA 3. Real Estate. When the bubbles pop all 3 of those things are at risk. Simple as that. Rich people know this.... they are hedging... through hedge funds. It costs them about 6% a year to do this. Those that aren't rich are not hedge and are at great risk in the bubble of all bubbles with the debt at all time highs. A collapse has began!!!

[@StanwoodSpartans]

I saw Boeing employees 401ks get slashed by 60% in March 2020. Saddest thing I've ever seen.

[@JohnThompson-hc8bd]

You are correct. I’ve been saying this sense 2019 but no one seems to care.

[@rickreese5794]

Federal reserve is not America, Fiat has always gone to zero. Number one employer is goobermint 😮

[@EcceHomo1088]

... So Socialism...? Correct?

[@stevenshorten6184]

​@@EcceHomo1088 State Capitalism

[@Horatio1886build]

⁠Yes it is sorta socialism lite. Just a drain on our nations productivity @@EcceHomo1088.

[@rickreese5794]

No, The Fed is not goobermint run, it’s Privately owned, check into them, What President Wilson said about them, Read The Creature From Jekyll Island, For all the information……

[@SunZuu1]

Can’t even finish this BS, it’s the poor that are going to feel the most pain. Not that it’s been easy for them but good luck.

[@faithsrvtrip8768]

Heavy price to pay for financial illiteracy and being brainwashed to shop rather than save and invest. Some learn. Some will always be poor. Been that way for 3000 years, at least.

[@Tokyo_Titus]

Let me guess, you're stuck on the tarrifs dilemma?

[@neonovalis]

wrong channel for you. Kamela lost ... for a good reason ... or what exactly is your problem ?

[@SunZuu1]

@ lol I don’t give a shit about who won, I’m set for life. I just can’t stand the bullshit being spewed about Trump. He’s nothing but a conman and doesn’t give a shit about any of you broke fucks. But we’ll see who’s right in the long run.

[@Thyalwaysseek]

Me either, I got 15 minutes in and I couldn't take the delusional Trump worship any more, in 6 months time when the masks are off and America is in it's last death throes, Todd Sachs better issue an apology to all he led astray with this rubbish.

[@dennispoolspaservicetdcigl746]

I started my working career in the 1970's. I see this economy is exactly the same. That means stagflation & that will take ten years to break free. After that our standard of living will be degraded & people will realize they are debt slaves.

[@brianbutler4969]

When you have a country 36 trillion in debt of course they are debt slaves. Gotta pay it back some how.

[@disastrousemouse]

“Once I discarded my moral compass, I became much more effective at capitalism,” is the frankest admission I’ve heard in a while.

[@mohaastella]

He is talking about discarding his feeling about what reality should be. Instead, it's better to look at it as it is. But did you really not get it? Or am I getting in your way of feeling morally superior by comparison

[@georgeginsburg545]

“Many people want to have lower prices but I don’t know anybody who wants to lose their job.” - That’s what people don’t understand, i.e., that we need to feel temporary pain to get through the crisis.

[@bellakrinkle9381]

No one can be sure it will be temporary.

[@TrevorEMayo]

The required level of pain will last 5 to 10 years.

[@thep751]

Inflation is down to almost the level we had before. Real wage is actually up, meaning wage gain has been outpacing the inflation, but that is probably not true for some people. Why do we need more pain? I think we already had enough pain.

[@brianbutler4969]

Lol. So people are not supposed to have jobs and survive? Hey, everyone, go live in a damn cardboard box. Who cares if you are suffering already. 😂

[@jackgoldman1]

Minimum wage 1966, $1.25, one ounce of silver. Minimum wage in 2024, $15 per hour, one half an ounce of silver. Labor is crushed. Labor is earning one half of 1966 wages. $1.25 per hour in 1966 was TWICE AS MUCH money as $15 per hour in 2024. Labor, wages are even worse. Paying in IOUs we are all slave labor, paid nothing, paid IOUs. This is planned currency debasement where racism has been replaced by education segregation, driving college debt up. We need honest measures. Why not tax computers and not humans?

[@piccalillipit9211]

THAT is what you get for beating communism - the thing that kept conditions good for Am3ric4n workers was communism. Capitalism had to look better than the alternative

[@GlennRobert-ix6dj]

Humans input the computers .

[@steveosmonson6535]

I like the way you measure

[@GlennRobert-ix6dj]

Had 2 trees cut ,quoted $ 600.00 . Low on cash and keep min in checking ( banks insolvent ) . Asked if he would take silver . Yes ! Gave him 15 Silver Eagles . Paid $ 20.00 in 2021 . Saved $ 300.00 . Be your own bank . People realize the dollar is collapsing and will have little buying power soon . Be your own bank- hold Gold and Silver .

[@stevenmontplaisir3541]

The real minimum wage is zero . Wage needs to be freely negotiated between employers and employees every thing that gubermint touches gets distorted. There are always trade offs . Freedom to make your own choices without government interference as long as it doesn’t infringe upon other people’s God given rights is always best.

[@Steve-Chicago]

The host is really good to let the guest to talk and leading with questions without interrupting. Good job.

[@thriftymeg]

It’s all a house of cards. Government goes into debt to service entitlements, wars, infrastructure. That money flows to the rich at first except for entitlements. Entitlements are so low on individual level it’s not much to lift someone out of poverty. Middle class goes into debt for education to crawl out of poverty and be worthy of a middle class job, goes into debt for housing, debt for their cars, debt for affording daily life for credit cards. All this debt boosts economic activity but it’s a big burden for individuals. The debt cycle leads to being on the bad side of compounding interest making them poor. Where as rich and affluent invest and are on the good side of compounding interest. The businesss cycle is always happening right now we are in constricting with tons of layoffs. It’s just going to get worse we haven’t reached bottom. We aren’t going to solve any of this till we have a debt reset and have winners and losers. Like bankruptcy. Personally my only debt is student loans and mortgage. My mortgage is like 18% of my income so that’s good. But my student loans aren’t bankruptable thanks to Biden. There is no reset for me. I just have to pay my debt off. Back in history we had jubilee every 7 years. Ai is going to take over, lots of jobs are going to disappear. People say don’t worry because of universal income but all the governments are massively in debt and can’t afford more entitlements. It really is a scary uncertain time. I’m just working on my skills. Ford knew his workers were his customers. If we have a huge amount of people in poverty not contributing to consumption the economy will suffer. No company will have customers. China just had a huge housing collapse. Their middle class was decimated. There is so much debt without a way to pay it back and no assets high enough to justify it. Honestly they are close to a revolution with how much poverty they have. All the government actions to stimulate the economy has failed. The only reason they would go to war is to distract their populace from revolting. Everyone across the world rather it be Germany, France, South Korea, China people are losing faith in the government and want a new government. They are tired of being broke and cost of living.

[@jeffhogueison1656]

Love the new take on tarrifs getting foreigners to build plants here and employ Americans to avoid the tarrif

[@asclepiushermestrismegistu7489]

It will take decades to build and train. Skills are not cheered in America

[@JeepdudeFL]

@@asclepiushermestrismegistu7489 wrong

[@anhtang4402]

thats fine its gonna take 5-10 years. meantime depopulate.

[@RondellKB]

Why would they invest potentially hundreds of millions when the American population could just pay the inflated price? Tariffs, the way trump wants to implement it will not work.

[@sunso1991]

Not worth it. 50% tarriff and it will still be cheaper to import. Just between the permit and environmental study and labor cost/union. It will still be cheaper to make them oversea

[@MeenoTum]

And he's never talks about the coming tariffs on US products by the rest of the world. Notice that.

[@stresslessflex6389]

other countries already unfairly tariff the US

[@Lizabitch]

@@stresslessflex6389so

[@Technotranceism]

One, or all sides with either crack, or become forced into independence. Worst case, is hyperinflation of certain commodities.

[@marycollins8215]

Thank you so much for continuing to have excellent guests, some we may not learn about in the main stream. Also, my impression of you as host is that you truly seek to educate and empower, not to sell services. I know that you are the kind of person who believes in working hard and I also value that you are getting, as I am at 65 to a point of compassion that many are not dealing with the kinds of getting started conditions we may have had decades ago. Those decades we may see were not sustainable.

[@capnkirk5528]

The problem with stepping back, and not being a "financial justice warrior" is that, if you have ENOUGH perception you see where it HAS to end up. And that is shown in a decade of French history between 1789 and 1799. Eventually "wealth inequality", which HE contributes to, ends up with people starving and homeless in the richest country in the world. (Already there, but it is getting rapidly worse). Eventually, it leads to people not being able to afford BASIC Healthcare while SOME PEOPLE become billionaires by DENYING that basic care. (UHC CEO, Eli Lilly, Pfizer). Eventually it leads to only TWO classes - RICH and POOR - and the US is well along the way to that future. And what happens when your beloved wife, or child dies because they couldn't get an MRI, of a lifesaving drug, or a medically-necessary abortion because YOU couldn't afford it? Maybe you just stop caring ... and maybe you take action.

[@Thyalwaysseek]

Trump hates the poor, he blames them for their own situation so anybody deluding themselves he's come to help the poor and working class is a very foolish person.

[@stratcaptain66]

Its easier to take emotions out of your portfolio when it’s NOT your portfolio, as for “making sense” he’s wrong. The state of our monetary system, the government and economy is the NOT result of common sense…it’s insanity incarnate. Now if means, he’s decided to make money out of the insanity, then he should’ve said that.

[@tobyk5149]

@@stratcaptain66 YUP

[@rogerme247]

Don’t expect any bipartisan approach. Tribes keep their power by demonizing the other tribe.

[@springflowerdark2137]

They all work for the bankers. It doesn't matter what letter is on their jacket.

[@ats89117]

Great discussion! It's too bad that Trump isn't being advised by Brent...

[@urouuroushima5602]

you may agree Brent's say, you may disagree against his say; but he is smart dude! Love to listen to your conversation. Thank you for this video

[@Thyalwaysseek]

Smart dudes don't look to politicians as their saviors.

[@thomassteeley9734]

The net trade deficit for US in 2023 was 2.8% of GDP. If the higher tariffs are implemented or are otherwise effective in changing supply chains the only certainty will be mass disruption for nothing. The cost is guaranteed to be higher than the benefit. The elephants in the room are entitlements, easy money and bail-out regime. Fix these, you fix things for the bottom 80%.

[@MeenoTum]

What he also left out is that Canada will put additional export taxes on oil going to the US. So you will see not just 25 taxes but an addition 15 to 20 place by Canada on the US importers.

[@NorthStarPNW]

Canada also supplies a great deal of the timber used in U.S. home construction. We tariff Canada at our own peril.

[@MrSymbolic7]

People seem to focus on the price of " Retail Goods " , but the real killer these Day's is the Labor charges for any type of Service that you have done , I had both of my Natural Das Furnaces stop working as a cold spell hit and with the call out and inspections of both the Service charge alone was $500.00 and the fixes were not hard , I sat there and watched so I could do it next time , all I needed was the technical training on what to look for and a multimeter to check the wiring, which I can get easily !

[@champstar9669]

"You're a dad, you're a money manager, -and you live in PR- and you're a tax evader." Anyone who has a home in PR and the U.S. is benefiting from U.S. programs without paying taxes. Which means they are a liability/cost for the rest of us. Thank you very LITTLE.

[@PaulbylPaulbyl]

You are free to go to PR.

[@Resmith18SR]

Just because you feel you're doing ok, that doesn't mean that people in your country aren't suffering big time. Do you understand that?

[@Thyalwaysseek]

No they don't, they are very disconnected to the experiences of the working class, unfortunately they think their bank balance equates to their level of intelligence, it doesn't.

[@MeenoTum]

And he hired more billionaires and not one blue collar petson for any positions. He will massively increase the national debt on the backs of the poor.

[@rickpicone9751]

But they got rich running businesses not sucking off the taxpayer all their lives. So, they'll save the country money, not spend it like crazy.

[@TreeofLife-r3d]

The Good Book says The rich rule over the poor Therfore the rich are the ruling class

[@Technotranceism]

They pretty much all do, no matter what party is in office.

[@VlamirJohnson]

Of

[@VlamirJohnson]

Of course. They will keep printing until she collapses. Then, they will send American ground troops into Iran or Russia in order to distract you. They may even set off a few nukes to really scare the people. 😂

[@JimCondesa-q2i]

Keep up the incredible work. I like your questions as an interviewer. This is a massive platform for perspective and understanding. You’re onto something. As you can see, more and more people are watching. Value. Great session.

[@MrSymbolic7]

The best description that I have heard regarding Bitcoin is that you have to look at it as a tech stock and that was the first description that actually made any sense !

[@ShingleSlingers]

Earnings will continue to go up because inflation has already happened at a record rate and now the reverb of that will be increased salaries and minimum wages

[@EcceHomo1088]

... They aint going to pay 60k (And benefits) a year when they can buy a robot for 30k...

[@Member3285]

Hot take Mr. Sachs! You always have such a clear view of the issues. Keep on keepin' on. 👍

[@Nicole-zv7ee]

I have been looking forward to you releasing this video. It was a great interview! Thank you.

[@SachsRealty]

Thanks for watching Nicole. Glad you enjoyed it! 🙏

[@janicebartmess2646]

Brilliant speaker! Sachs Realty is my go-to source for financial information! Thanks!

[@ZoeyR86]

We need to push jobs and wages up while adding more restrictions on debt. The idea is to force a correction where people absolutely are required to live only off earnings. Credit cards and loans need tons of restrictions. The interest rates need to be cap at no more than 2x the wage growth rates. or you can never outrun the debt

[@KennethRyburn]

👍

[@ZoeyR86]

@KennethRyburn car loans, home loans, and even student loans all make sense. But the fact is that it's even possible for someone to run up 20k to 100k on credit cards, which is a trap in it's self 🤔. Student loans need to have a goal requirement with repayment plans that are actually feasible. The deferment system needs to burn to the ground. loan A must have over 50% repayment before you can qualify for loan B. You must prove that you can pay it back by showing the avgjob availability in the field of study and the pay. Also, I think all student loans must come with a fixed interest cap even if defaulted, so the amount paid back never exceeds 3x the loan amount. I know 3x sounds crazy but a lot of people who take 30yrs to pay off a student loan end up paying over 5 even 10 times the original amount or fix the interest rate on student loans to the inflation rate + 0.5%.. Here is the problem 80% of people under 25 think a tax deduction means you're going to get all the money back on your taxes. No, you simply don't have to pay income taxes on that money. The fact is the federal student loan program is predatory and is just like the child support system once your on it, that fight tooth and nail to prevent you from leaving it

[@neuropsidoc4670]

Brent is one of five people I listen to religiously in the finance world. You don't need to agree with him but it is foolish to not be prepared. Thinking in dynamic and evolving ways is my key to success and Brent makes great contributions to my world view.

[@RichardSKLim]

Brent Johnson is brilliant. It's a gain listening to him.

[@GlennRobert-ix6dj]

Hard to hit the ground running at 78 years of age . What we really needed is some younger new prospective . Too much same old same old . You just need so much money that that person just can not compete . Follow the money .

[@carnivalgods4573]

Agree, we had a younger moderate right there and we missed the layup cause we apparently still value old, felonious, white geezer over multicultural woman in the year 2024-25.

[@timfatout7082]

Younger people have been brainwashed by government education system - they have been trained that the only solution to every problem is government and don't know the meaning of the word "Freedom" or "Free Market". so it is doubtful a younger person would understand the problem, much less be able to fix it. FYI the problem is GOVERNMENT.

[@ActiveTravelWestUSA]

He has some young blood close by, let’s hope he listens

[@joysachs9032]

@@GlennRobert-ix6dj yes yes!! Always Follow The Money. I am 72 and so relieved that this mess has arrived when I am in my winter years.

[@jjones8813]

We have a spending problem.

[@SunZuu1]

😂😂😂 a cabinet full of billionaires is for the working man? Let’s see how that goes…

[@anhtang4402]

i know ridiculous people invest so much belief in Trump that they refused to look at the obvious.

[@SunZuu1]

@@anhtang4402 people are delusional.

[@jasona5806]

But but but He’s not deep state… 😂

[@BigTomInTheBasement]

​@@anhtang4402better him than the crooks who sold us out.

[@Resmith18SR]

​@@jasona5806He's deep alright. Deeply insane. 😂

[@annaweiers2947]

You’ve become a good interviewer Mr Sachs❤ Good on you

[@RobertPendergrassJr]

American corporate greed was more than willing in the late 70s early 80s to throw American blue-collar middle class workers and the working class poor under the financial economic bus for there so-called global economy. Moving American manufacturing jobs and factories overseas for low wages and destroying American unions. Making at the time Japan and in later years China the manufacturing hub of the world. China businessman did something different than American businessman.They shared their wealth with the poor in their country with infrastructure, Technology agriculture and all the things a nation needs to be self-sufficient pretty much lifting their people out of poverty. Chinese leaders and business men used your business savvy and wealth to go and start a thing called belt and road initiatives.Developing Africa and third world countries teaching agriculture helping these countries with interstructure rebuilding and actually gaining business customers for life. They never let themselves get involved in 20 year wars. They actually used their money to help the poor. This may have qualified them to be the world's next superpower. Without claiming to be a Christian nation ! While doing what a Christian nation spiritually would do for humanity just good business sense. Truth + Wisdom = Peace !

[@Jacke7111]

America has had its time.

[@geertterharmsel]

the west has had its time

[@Jacke7111]

@geertterharmsel Yes, and Usa is next.

[@Tomana_]

the WORLD has had it's time ... Christ IS coming very, very soon

[@Jacke7111]

@Tomana_ Amen to that✝️❤️

[@piccalillipit9211]

@@geertterharmsel Im an author on psychology and the collapse of civilisations and YES, the West is over. The MOST over is my home country the UK, which is in freefall collapse and will not recover. the US is the next - Chins just started to issue Govt bonds in $USD cos the OPERC coutnries dont trust the US wiht their $$$ cos Trump is extorting Mexico and Canada so the US just lost control of the reserve currency...!!! THATS how bad it is. But generally, G4ZA and stealing Russia's $USD were the tipping points, the world has united and they are building the future and WE in the West are not invited. Its over - it really is over.

[@ComicLover-oj5sv]

Brent Johnson is so astute. Love the channel.

[@tuannguyen-zk3lv]

His theory that the tariff will make companies bring the factory back to us sound so simple. But in reality could be totally complicated. For example, TSMC, the most crucial chip manufacturer in the world building its factory in AZ but have a problem to find quality employees due to difference cultural-working environment. Their workers have to work more than 10 -15 hours a day which is no no for US employees. So they have to bring their technician from Taiwan, same situation with Vinfast the Vietnam EV car manufacturing company. So many companies right now are having the problem finding enough blue collar workers in US. Even with the trucking companies. Many young folks just dont want to work for those jobs, not only in US. China and Vietnam have the same situation too. Young people rather work as uber driver than in factories because they get paid more. Those factories over there are having problems to find enough worker to fill those hard sweating low paying jobs. And we are trying to import those jobs back? Good luck. Sorry but we are moving backward.

[@ElainEmail-m7q]

Change the cultural beliefs that spending massively on WANTS is the way to generate jobs, prosperity, or power in trading positions.... maybe this simple change helps people to have fewer financial debts, countries have lower national debts, and thus trigger fewer anger issues over the reality of being financially broke.

[@dennispoolspaservicetdcigl746]

Our only way back is a drastic cut of goverment agencies. Manufacturing will never return. That train left the station in the 1970's.

[@NorthStarPNW]

You've drunk the Kool-Aid. Manufacturing is already moving back to North America. Three-fourths of government spending is done through private contractors - that's who's making the high salaries and overcharging taxpayers, not the meagerly-paid career public servants. You've drunk the Kool-Aid.

[@erickanter]

@@NorthStarPNW No you are drinking the kool -aid. You make it sound like the country Trum envisions can happen overnight. Like we will put up factories overnight.

[@andywurst4873]

excellent interview. I always like to hear from Brent. Thank you!

[@JC-21470]

The Reagan reference is 100% spot on, thought the same thing myself.

[@trader8CTA]

Outstanding discussion and commentary, thx!

[@BlackDogOfLyos]

Love the fact hes talking about advantages when my family for three generations have lived in trailers having to bargain feed our kids.....

[@capnkirk5528]

A downturn - you HEAR about people getting laid off. A recession - someone you KNOW got laid off. A depression - YOU got laid off.

[@charletonzimmerman4205]

Exactly, these people don't know "PAIN" yet, I lived as a adult 1974, 1984 , 1994, 2004 , now a old man 2024 .

[@lgmnowkondo938]

he won in 2020

[@sewnsew6770]

Unless people mass emigrate then nothing will change Most Americans will be living in poverty

[@gregorygreene1940]

He's right that digital currencies are the future. You would have to be blind not see the writing on the wall. Physical money is part of a bygone era whether it's precious metals, clad, or paper. It's long since time for the US Mint and Bureau of Engraving to end the madness. Can we please eliminate postage stamps as well. If you want to have a small production run for honoring people and places for collectability that's fine but we don't need it for general usage.

[@harpoen7358]

Very good and realistic interview. Brent Johnson talks about a stronger dollar while Luke Gromen talks about “ We need a weaker dollar “ 😀. Maybe a good idea to let him talk about that. History of de human race is simpel the rise and fall on civilisations and empires. The West dominanted since the end of the Middele ages the world , now the East is going to dominante the world.

[@bdnevins]

35 min: protectionism . Right on Brent! If protectionism is so bad, why do so many nations practice it? And why is the US running a structural trade deficit? Maybe there's a link there?

[@bdnevins]

1:05 gold standard: good summary of why nations can't stay on it . However, Britain was on gold for about 200 years.

[@timfatout7082]

Not fair to just say "tariff" - the point really should be we need to make it more profitable to produce products and services in the US with legal US citizen employees as opposed to importing from China. A tariff on China is to offset China's use of slave labor to undercut the legal US citizen's labor.

[@AlmaMercer]

Sure tariffs will work and you will see that in our economy as people stop buying

[@jamesmorton7881]

A criminal required to change the status quo. Power IS Money. ❤❤

[@sudo2998]

@17:15 Why isn't Argentina seeing an unemployment crisis?, and can the US hope to escape an unemployment crisis too?

[@chickenville]

Why would any company bring manufacturing to America when they can build throwaway junk products overseas for slave wages and charge like its built in America. Thats not figuring the cost of environmental regulations, unions, payroll tax, tangible tax, property tax, inventory tax, unemployment insurance, workers comp insurance, health insurance, property insurance... If you want higher prices bring manufacturing back to the USA

[@mark-204]

You can't have high mortgage rates coupled with high home prices at the same time to have a good housing market.

[@stevenshorten6184]

The Fed fire sold all of the properties for the next 30 years with their reckless 0% interest rate policies for the past 15 years. Millennials and gen z we'll have to pay for all of this. The worst part is listening to current homeowners talk about how much they have earned for doing absolutely nothing. It's gaslighting at its finest. Pure wealth redistribution.

[@VlamirJohnson]

Yep, your generation is screwed. I feel for you. The only hope that you and your generation have is to look into who is realling pulling the strings. It ain't dumptruck trump. Also look into the Fed Bank. Once you understand the tricks of money creation and how private banks use it to steal your wealth, you will know why you can't afford to buy a house. With all that knowledge and a lot of luck, your generation may be able to overturn the money lenders tables.😂

[@Brooklyn-rj3np]

Very wise guest. Loved it

[@NashvillePastaman]

Wages up Prices down……. It’s not possible !!!

[@tobyk5149]

@@NashvillePastaman yep highly unlikely

[@LanellCarlisle]

I sold everything and bought XAI401K on the dip! Holding until 20B! The best way to get millions during bullrun IMHO!

[@greywolf2622]

I bought it big money big money. Magic money no work needed, everybody git rich no work.

[@nancygreen8186]

How can we have a strong dollar when we have major inflation? We have absolutely no deflation because we keep adding two and a half percent to that 9% and 6% and all those other percents of inflation . Inflation is very high. Inflation makes a dollar a weak . It takes much more dollars to buy a home, buy food, buy insurance, and all the other necessities.

[@adembajrami1373]

Brent is very realistic guy with lot’s of confidence and i don’t mind listening to his opinions he’s a cool dude

[@sewnsew6770]

Interesting that at start of career Brett was an auditor Gives him a good grounding

[@peterjohnson7987]

Excellent podcast, Ty!

[@galacticfedoflight]

Bent needs to do more studying on the idea of what is a world reserve currency.

[@mikebocchinfuso9437]

When I see it for real, I'll believe it

[@JERMAINEMount]

Always interesting analysis. But I am DCAing into my XAI401K alts anyway

[@charlescartwright3145]

Thank You Both 💰💼

[@JosephKennedy-b1l]

Trying to regulate minimum wage won't help time to set wealth limits and pay caps

[@TerrenceTerryLynch]

They say today the attention span of your average American even when hearing extreme results is seven minutes

[@matthewbowers6178]

Inventory is low in some places because people can afford to sell and move. They are locked into the golden handcuffs of interest rates

[@jacquesreilly1850]

If I had any guts, I'd sell my massively inflated house now, rent a dump for a year or two, then buy the home of my dreams at a discount. The problem is, I can't see the future and housing prices may stay insane for years.

[@IanFreely]

Get out of the market buy PM's diversify your assets. If you can't hold it, you don't own it. 🙂

[@faithsrvtrip8768]

Be brave and sell before it's too late.

[@Barbara-s3b9m]

Over-Inventory of Days Homes are SOLD surpassed the 90 days on market🤔⁉️ Investor's are greedy🥺🤔

[@stevenshorten6184]

Raising the interest rates largely screws the have nots. It hasn't done much for the people who already have properties and stocks. They've actually become much richer with higher interest rates.

[@paulglenn6470]

Great interview!

[@radzer0966]

We need to reduce the amount of money being handed out to everyone in credit and loans more than raise wages. That just raises inflation.

[@lakeviewstyle]

Tariffs WILL NOT HELP. You know this. How can tariffs lower inflation when they are historically inflationary?

[@bradynields9783]

1:05:50 Subservience to an inanimate object or was it fettering the global monetary system while the T+3 commodity was able to continue behaving as "money"?

[@karenjensen2345]

I would like you to interview people who have the tenacity to stay in the 🇺🇸 USA, most of us are not moving to PR

[@aaronsullivan1628]

Right up till the time that the bow dipped beneath the waves, there was optimism on the Titanic. But not until the props came out of the water did the last optimist capitulate.

[@KD-bo4wq]

Great discussion 👍 Trump should give companies incentives to bring back jobs back into USA. Covid was our lesson of relying on products abroad.

[@HenrJensen]

Prices down and wages up? Wages ARE are type of prices!

[@michaelwillis5040]

The problem is warfare has changed radically. The conflict in Ukraine began with a US instigated and backed overthrow of a duly elected government there. The purpose was to prevent China from acquiring rail lines through Ukraine to markets in Europe. This went out of control and Russia became involved to stop the murder of innocent civilians in eastern Ukraine. At some point and regardless who is in the White House, Russia may decide the only way to bring this to a close is a limited strike on the US capital. Just two submarine launched cruise missiles armed with conventional warheads hitting the White House and the Pentagon followed up with similar strikes on the CIA, State Department, Congress, and other agencies would be a decapitation event that would radically change the global political landscape. That's where I think we're heading if politicians continue down the path they're on.

[@davidnovak9159]

57:10 First, the nation needs to cut spending on the interest behind the debt, then the debt Leave out spending cuts on citizen tax-payer neccessities.