The U.S. Economy Just Got Way Worse (Adam Taggart)

100,000,000 working aged Americans are UNEMPLOYEED! The U.S. economy just got way worse!
Adam Taggart's Financial Markets Conference: www.eventbrite...
Where Are Markets Headed From Here? The world's top experts in money & markets share their forecasts for how to preserve & build wealth through the rest of this year.
KZbin: / @adam.taggart
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Substack: adamtaggart.su...
#unemployment #realestate #housingmarket
Todd Sachs is a Maryland Real Estate Broker and not a Lender, CPA, Attorney, or Financial Advisor.
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[@Benjamin-t9f5b]

What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio..

[@SiaukemLam]

There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist.

[@CodieSanchez-d6x]

My financial advisor has been a game-changer, providing clarity and boosting my confidence in navigating finance. With their help, I've achieved my goals faster than I imagined. Highly recommend!

[@АллаМаклак]

Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.

[@CodieSanchez-d6x]

NICOLE ANASTASIA PLUMLEE' is her name. She is regarded as a genius in her area and works for Empower Financial Services... She’s quite known in her field, look-her up.

[@АллаМаклак]

I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you

[@shanesprecher8290]

Todd, I keep hearing this “nobody wants to work”, however, 4 out of 10 job postings are false, 800,000 some jobs that were created never were. What’s going on??? There’s a program called the Worker Opportunity Tax Credit that allows employers to receive up to a $10,000.00 tax credit for hiring refugees, special circumstances apply, and other categories of workers that meet the qualifications set forth in that program. If I can gain up to a $10,000.00 tax credit why would you want to hire outside that group unless you had an outstanding candidate? Along with AI, outsourcing and Applicant Tracking Systems being selective, it’s really causing men to just give up. You’re around my age, I can remember when our parents could pretty much get a good job right out of high school, that’s a fantasy now.

[@SachsRealty]

I hear you friend. Crazy for sure. 🤷‍♂️

[@19lol19]

Fake job listing all over indeed just to get our personal info and to see if our info had changed so they could spam our emails, phones and to get views to their website

[@shanesprecher8290]

@@19lol19 Good comment. The data harvesting stuff is incredibly murky and the harvesters seemed to get hacked a little too often.

[@garrettpatten6312]

Yeah seriously, apply for a job and your SSN gets stolen or something ridiculous. It's nothing but a concrete jungle out here I'm sorry to say but the boomers apathy for the world they've left their childrens children is despicable. Obviously props to this channel for trying to make a difference but youth are literally exhausted from non stop predatory scams. The schools brain wash you into thinking there will be principles and hall monitors and ethical people looking out for your in the real world. Spent plenty of time around criminals in a past life and I can tell you a tattooed gang banger is no more cut throat than a rental management company these days. It's just slower more confusing process of them taking everything from you, companies and governments even make your children and loved ones sick and theb bankrupt you and take your house to pay for it. What is more violent than that?

[@fredfarkle-bp9en]

Kamela here and i dont care about legal americans i care about illegals , i need their vote

[@amykelley6200]

I believe all politicians need term limits.

[@SachsRealty]

1000%

[@Gisela-u8u]

@@amykelley6200 Term limits, volunteer, no pay.

[@amykelley6200]

@Gisela-u8u you are right. It's public service. Everything now is out of control. I really hope the situation gets better.

[@remix-yy1hs]

@amykelley6200 you need to ban every isreali from government. We all know what the problem is. And who owns the politicians. Be brave for once in your life

[@amyhudson1016]

@@Gisela-u8uproblem with no pay is you may eliminate great minds who simply don’t have the wealth to back them for 4 or 8 years. Limiting the time you can spend in the capital has to come at some point to level the field

[@Steven_Will]

Wow I love Adam's verbiage and vocabulary he is incredibly intelligent

[@AngelEyes-xm7el]

Ya too bad Harris is in kindergarten compared to him

[@trailguy]

Yep, you can tell he’s not only bright, but absolutely steeped in the world of global finance. He speaks like he’s writing an academic article, I love listening to him because it’s fun to ponder why he chose certain words, because it’s clear that he knew of several options and didn’t just stumble into a phrase.

[@kevind5026]

Stanford MBA, wow!

[@floweringevergreen3584]

@@kevind5026 Brown University undergrad. Stanford University MBA.

[@Bob-kl3es]

Yeah you guysis

[@jayrhawn976]

Very Humble person with great respect for people. God Bless

[@AngelEyes-xm7el]

@@jayrhawn976 a lot are arrogant jerks.

[@stuartmoore6310]

​@@AngelEyes-xm7elhe's not one of them, I bumped into him at Petaluma Trader Joe's. He's a real dude

[@anthonyalexander7246]

Why are you guys in denial, its been this way for many many years, it is a conspiracy.

[@autumngrace8541]

Double rent but not wages is not conspiracy.

[@btimothygordon2777]

I concur. Just watched a G. Edward Griffin interview . This has been in the works since Andrew Jackson. Read "the Great Taking" by Webb. Its definitely not "conspiracy theory ".

[@justhomas83]

What are we chasing huh. When this Government is making everyone else homeless. Money huh they already have it all.

[@ryanwhitley9789]

Communism IS juuda ism ✡

[@StarfireReborn]

​@@autumngrace8541 I'm Fairly Certain You're Missing Some Key Details If You Think Home Prices Doubling At The Hustling Of Corporations Who Then Turn Around And Lobby The Government To Keep Minimum Wage At 7.25 For 25 Years Is NOT A Conspiracy. Would You Kindly Look Up The Definition Of Conspiracy For Me Autumn?

[@michaellalanae7228]

The jobs your referring to have been subsidized by the government, the money runs out October 1st, hopefully these people saved Thier money since the free ride is now over, I wish them good luck .

[@TheInterwebzMan]

Mike “The Coward” Johnson already agreed to keep the spending going

[@justhomas83]

There is no saving the situation. Saving money that's just going to lose value based on deceleration of the dollar's value as a whole.

[@barbaraatkinson2204]

Todd , great Chanel ,you and Adam are doing you best to help humanity❤️

[@SachsRealty]

Thank you so much 🙏. Adam is great!

[@ToddMagnussonWasHere]

Let me sum up what young men are feeling right now using an old African proverb: "The child who is not embraced by the village will burn it down to feel its warmth"

[@alphaomega1351]

Finance is a function of debt. We need to bring back savings. The cost of goods should be based on what consumers actually save and earn and not the amount of debt they can accumulate. 😳

[@ladycactus110]

The IRS used to NOT tax interest on savings. Now there is zero incentive to save, especially with the roaring 30% inflation.

[@markobaturan1831]

The agenda is you will own nothing and be 'happy'. They are doing great so far, no pushback from the populus

[@stuartmoore6310]

In our capitalist system the cost of goods is based on cost of production Plus profit. And it's typically not a grotesque profit it's a reasonable profit as overpriced Goods would not sell.

[@StarfireReborn]

​@@stuartmoore6310 I Have A $600 Coffee Table Made Of $100 Worth Of Wood. Sure I Bought It Because It Helped A Small Company I Believe In, Get Off The Ground. It's Been 5 Years And They Charge Nearly Double For Their Products. This Is A Company That Expanded To Multiple States, And Now Can't Seem To Ship In A Timely Manner. That's Just Bad Leadership Making Poor Choices. People Will Pay For Goods Whether They're Appropriately Priced Or Not, And "Fair Market Value" No Longer Applies To Anything, From Eggs To iPhones. That's Not Capitalism For Certain.

[@Mk-oy9ns]

😂😂😂😂 An Iphone costs $10 to make. It's legal to charge 900 times the manufacturing cost for life saving medication.!! Ain't capitalism GREAT Have a nice day

[@BlueWaterSTAX]

Very informative conversation. Thanks you guys.

[@kellyname5733]

Dont worry Adam or anyone else in the USA about having future labor. The current regime has allowed millions of future labor slaves to come in. This is part of the plan.

[@paolacolombo6006]

Very wealthy people in Argentina are always in dire danger and sometimes get murdered due to the high poverty rates

[@beloved-child]

The job hiring process is what personally made me drop out completely. Id be fine being paid low if i didnt have to put out 3000 applications to get it. Also veteran status in socal might as well read *** offender for how hr n hiring managers see it

[@stuartmoore6310]

Sounds like you either don't need to work or you're living on the street.

[@yorsan2240]

​@stuartmoore6310 with my back problems record I'm unemployable for many companies so I started my own business almost 20 years ago , I'm glad I was unemployable , we find our way if we try enough

[@StarfireReborn]

The Quality Of Work Available For The Rate Of Pay Doesn't Matter Anymore. I Have No Driver's License Which Immediately Disqualifies Me From Jobs I'm Entirely Qualified For. Now Everything Requires Driving In A Society That's Built Itself Upon Being Less Commuter Driven. 🤷🏽‍♀️ Freaking Hopeless, Soon To Be Homeless.

[@beloved-child]

@StarfireReborn it's an intentionally broken abd hopeless system designed to create false pretense to justify illegal immigration and lower wages

[@AngelEyes-xm7el]

I am disabled after all my bills , I have 200.00 a month left over for the month. Saddest part I have to live in a car with a fractured back that healed wrong. In pain every dang day. I wish I could work.

[@Resmith18SR]

Wow, So sorry to hear about your situation there. I'm a retired American in my mid 60s and I left the U.S. years ago in order to not become homeless and attempt to live out the rest of a halfway decent life. Here in Mexico and I'm looking into other affordable places in the world.

[@AngelEyes-xm7el]

@@Resmith18SR people judge others harshly for how some of end up. My 401k had to be used for medical or die. Now 4600.00 deductible for people with diabetes. That causes them to not seek medical care. Especially the elderly. The doctors are having to amputate legs and feet at an alarming rate they are calling it filet of sole. So damn wrong. .

[@DZ-rf9fh]

Prayers are with you...I know what you say is true. Health impacts are often a forgotten devistation.Much love to you at this time ❤may you be lifted up and be given strength and not be defeated. May your feet travel to a place of peace, where your tears are no more. ❤

[@AngelEyes-xm7el]

@@Resmith18SR thank you yes very sad. Just got done ranting 4 hours over same thing every day how he is being poisoned at work collecting trash . His narcissistic life caused him to lose his law degree and a business. He said " I am ivermectin educated to talk to common sense people" they disgust me. Wow

[@rochellerascon9978]

You have a phone. Use it. Watch Brandon Joe Williams, Christopher Hauser and Robots & Patriots if you want to help yourself. Good luck!

[@Horatio1886build]

Our educational system gets an “ F” grade on just about every subject these days. k thru grad school!

[@tj2791]

When was the last time you sat in and observed a classroom?

[@ladycactus110]

I went back to school as an older adult in my 50s for a Masters in Education, not too long ago. The F is well-deserved. There were only two professors who actually taught. I came out vowing never to teach. It’s unbearably bad.

[@_m_K_.]

They get an A+ in identifying new genders and creating new names for prejudice.

[@StarfireReborn]

​@@tj2791 One Month Ago.

[@cofoothills]

many people in their 50s, who could still be working are required to care for their elderly parents because the social safety nets of their retirements have disappeared and the medical industrial complex won't work for them (to get them healthier and more self-reliant) -- elders have become the new cash cow for a sickness model rather than a health model

[@Finchlvr]

Exactly right. Happened to us caring for an elderly parent who ended up spending all her money in care givers, assisted living etc. She died broke.

[@alyross2850]

Yes. People don’t realize that mom and dad will have to be taken care of by their kids. When they become unable to live independently, there are two choices. 1) take them into your home and maybe have to stop working to take care of them 2) take all of their money they worked 70 years to make, give it to the government, and put them in a nursing home. Does everyone understand that the government won’t pay the 100K per year nursing home bill for mom OR dad if she or he has any money? What about “assisted living “? Medicaid and Medicare won’t pay a dime for that. 100% out of pocket. Where I live, in a reasonably priced area, ALs cost about 3K per month, without food, transportation, any help at all. How many seniors can afford that?

[@Resmith18SR]

Extreme wealth and income inequality really stresses out and tears down the fabric of a country and it's social order. Look at certain countries in South America, Asia, and India and you can see the future of the U.S.A.

[@Allisonsmith11]

The US economy is already in recession. Now rate cut will ignite inflation. The banks will tighten even more, all consumer and corporate credit lending. This is the beginning of a deflationary period for your assets. Stocks markets will decline, and stock values disappear in a blink of the eye. Businesses will begin layoffs in earnest which will soon be reflected in the unemployment rate and unemployment claims, to further solidify the recession. In fact, Now that the FED cut rates in Sept, it will signify that the Titanic is going under, and it will suck everything down. Retail and housing sales will truly decline as consumer hold off their purchases. The inverted yield curve will then turn positive, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 100k to a decent 732k in the space of a few months... I'm especially grateful to Seren Wintersun, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[@Allisonsmith11]

SHE IS ON TELE GRAM.

[@Allisonsmith11]

@Serenwintersun

[@Stephanielow6]

Trading without professional guide... Huh I laugh you, because you will remain where you are or even make huge losses that will stop you from trading, this has been one of the biggest problem to new traders.

[@9KateMoran]

Productivity is never accidental; it is always the result of careful planning, dedication, and consistency.

[@GabrielTrindade-hq5ld]

I appreciate the professionalism and dedication of the team behind Seren’s trade signal service.

[@gordonbone3689]

In 1978, when attending college, I took a course in small business management. The teacher was a multimillionaire. At one time he was the lead marketer for Motorola in western Europe. He was teaching for a few $$ per year. I learned things in that class I continue to use now. One thing he strongly emphasized, "Never invest a penny of your money you cannot afford to lose or need to put food on the table.' The second was, "The secret of American business success, is to take what others call a liability and turn it into a wanted asset."

[@lindamannix1247]

Gordon. Great advice !

[@ying2915]

WOW

[@adrialazo3867]

Hi sack what's happening now is that my own son can't afford to pay 2,800 just for rent. Now I have my son and grandson in my house, and I need to support them. The government is just playing political games and doesn't care that people are working on lying part-time .

[@SachsRealty]

Thanks for your comment

[@jefferyedwards5003]

@adrialazo3867 Do you really HAVE to support these two? If they are occupying your paid -for space, they can still work, pay rent (even if reduced) or bank that money (with your blessing) for their future place. They can work and contribute instead of milking you. You are possibly enabling bad behavior.

[@3rett115]

Adam & Todd. Can't get any better. Todd, you are the best person to interview the great Adam Taggart. These are my favorite episodes of your show.

[@SachsRealty]

Oh wow 🤩 Thank you so much 🩶

[@amyhudson1016]

Adam is a great listener and super with the follow up questions

[@carmenortiz5294]

The population of the US right now is around 345,426,571, including children and people that fall under senior citizens. In other words more than a third of the population of the US. It's beyond incredible! I knew it was bad, but that is insane. I'm on Social Security, at 77 1/2 (which means I fall under really old) I'm better off than more than 1/3 of all people in the US. WHAT! My minivan is 25 year old and working fine. My house 100+.getting younger with home improvement every year (slow and steady). I joke but I feel sorry for the children, what future is that?

[@mikerivera5314]

Lots of people are leaving the USA.

[@reneeimage3879]

Where are they going? Most countries are chaotic and some that are not are quite expensive! 🤔

[@mikerivera5314]

@@reneeimage3879 Portugal Spain South America and Asia.

[@reneeimage3879]

I disagree with the idea of those young people don’t want to go to work!! 😏 Its offensive in many levels! I personally know many of them including members of my own family who have been applying to many dead end jobs or so called ghost jobs only getting rejection at 12 midnight ! I have seen the frustration when companies play games and interviewers using Acator of themselves! It’s time to ask companies to do the right thing and stop playing psychological games and meta data!

[@tj2791]

Right😂

[@mandrews1245]

My son is working, but looking for another job. He's totally surprised to find hundreds of people applying for one job. He said it is very difficult out there. He is well educated, personable with lots of friends and good connections... He has been able to be on the final list for multiple interviews, and then down to the last two, but still hasn't gotten an offer. He is feeling fortunate to have a job and understands how hard it is for unemployed to get work.

[@reneeimage3879]

@@mandrews1245 thank you for sharing your story. It’s important for young adults to know not everyone thinks they are lazy! Only people on media who apparently don’t care about the real struggle that’s going on in our society with young people who are in verge of suicide because of rejection after rejection they receive , despite their qualifications! I blame the companies for advertising jobs that don’t exist and recruiters who are just looking for paychecks! They are now abusing these young people by dehumanizing them only showing Avatars of themselves during interviews! I know a few who I try to give them advise not to get discouraged but unfortunately companies are very irresponsible and are too corrupt!

[@leandrawomack9029]

Agree, my daughter works 60 plus hours!

[@mandrews1245]

Adam I have followed you for years, but I must question your answer about US dollar would retain it's trust and nations would choose USA rather than Russian banks. That is what American's believe. No person wants their own country to be diminished. Most NATO countries would agree, but they would support the Euro first. However, with BRICS introducing two new financial systems, and USA having sanctioned a nation from using the SWIFT system, the USA has lost most of the Global South countries trust. The US has not honored so many Agreements, even those not involved with finance, are looking to divest of US assets and have stopped buying US Treasuries (loaning US money). The US media has turned into the speaking vehicle for the US government. There is so much propaganda and manipulation of internet history, no one can believe what is true or factual anymore. Yes the US reserve $$ will continue for years with demand reducing as time passes. With Trump's ignorance of how tariffs work and his apparent hatred for China, and Harris' plan to end democracy.... the USA is going to lead the world into a decade or two of chaos, the likes of which none of us have ever experienced before.

[@_m_K_.]

100%.

[@bpb5541]

I think the dollar is dying. we could talk about why for a long time but it doesn't matter anymore. I think we get a small crash in all markets followed by ... again a massive QE package, followed by a hyperinflationary depression where no one can aford anything because the dollar is at or near zero... just like those interest rates were at or near zero for all those years. Nothing is free ... ever. Now we pay the piper. It won't take much. It will just take the EU to stop investing in the USA... China and Japan have already pulled way back. That will leave us one option and that is for the FED to buy the debt (paying a credit card with another credit card) and that will cause the dollar to die. I think after that we will see a reverse immigration wave.. where people are trying to leave the USA not come into it.

[@jayman1776]

you nailed it

[@tradermunky1998]

Beautiful wood slab and epoxy background. Should hold it's value well too, even just for the slabs alone. Smart.

[@helenkessler6012]

Yeah I've got access to the slabs. I want that in my house. Grow lights, micro greens and some mesclun lettuces.

[@brianmurphy-j4h]

With our economy struggling, I'm eager to safeguard my $680k nest egg and find strategic ways to grow my wealth. What steps should I take to maximize returns and ensure long-term financial stability?

[@johnketh-n9v]

Consider holding gold and avoiding equities for now. Best to consult a financial expert given current market conditions and economic risks.

[@ChristianJacquet-my3rl]

completely Agree! I initially attempted independent investing but suffered significant losses for a substantial period. I eventually sought expertise from a financial advisor, despite initial skepticism. Surprisingly, I outperformed the market by an astonishing 20%! Initially, I attributed it to luck, but this success repeated itself for two consecutive years, with returns exceeding 24% and 30% respectively. As a result, I've continued to rely on professional guidance for my investments.

[@brianmurphy-j4h]

Could you possibly recommend who you work with?

[@ChristianJacquet-my3rl]

sure .He's known as a Glen Howard Chester '. One of the finest portfolio managers in the field also widely recognized. Just research the name. You’d find necessary details to work with

[@brianmurphy-j4h]

Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted his full name into my browser, and his website came up first in search results. Filled his form and scheduled a call.

[@davidcar4632]

Details of the August 2024 non farm payroll jobs report: Full time: -438K versus +448K prior Part time: +527K versus -325K prior

[@BIgBass255]

Americans listen you can fight this, stop buying things you want, just buy the things you need. I wanted a new car 50 K , I bought a used car in good condition 500.00. I want a 400 K house, I remained in the house I bought 1992 for 30 K. Sure it cost more in taxes and Insurance, not to mention maintenance. Bottom Line , I have no debt of any kind. Live within your means.

[@supersteve8305]

Right on. I drive a 2003 Chevrolet 1500 and still have my house I bought in 1999 for 50K. I’m debt free and retired at 56. I’m 59 now.

[@xraceboyex]

Cool, I'll just live in the house I didn't buy in 1999 when i was 5 years old - and continue not buying new cars like i already never have before in my life. What else should I do the same as I'm already doing to still be fucked? thanks for the advice

[@BIgBass255]

@@xraceboyex Just remember to go is to return.

[@brandonwilliams159]

Everything's already been done. There's nothing else to do in this world. Everything's already been made jobs are doomed.

[@kevind5026]

It's crazy to hear the level of Adam's education, and they still never taught the important fundamentals

[@winstonsmith6204]

A friend of mine just self deleted. I know many folks who are not working and . . . . god knows how they're surviving. It really is a struggle out there.

[@ladycactus110]

😢

[@justhomas83]

Sorry to hear that man. This world is backwards and Hell by design.

[@manflynil9751]

Your friend committed suicide?

[@winstonsmith6204]

@@manflynil9751 yes

[@rubenflores3218]

I'm 63 and have never vacationed traveling abroad i went once 1992-3 on invitation to Guam living and working enjoying an island culture, i drove a truck in another attempt of travel seeing the country 48state&Canada while earning an income i bought a rural home 2004 in the 20yrs planted shade trees, pines, gardens,chickens fruit trees, full of lizards, frog's, birds...I invisioned my mini campsite. Built metal carports for, 93' 22'Rv Chevy and aluminum Klamath center console boat. I paid off my home a 2yrs ago. INVESTMENT PLAN IN SELF PRESERVATION IS GOOD IN A MINIMALIST DIRECTION. GOT LAID OFF THE LAST 4JOBS AND I'M GOING BACK TO WORK JUST DECIDED TO GET MY SOCIAL SECURITY BENEFITS AT 63, WHILE I TRANSITION OUT OF TRUCKING AND INTO A SOFTER PART TIME JOB. EVERYTHING TAKES PLANNING & SACRIFICE. BEING DEBT FREE IN THE HARD TIMES ALUMINUM CAN YACHT CLUB ISN'T THE END OF THE WORLD. NO SHAME IN 50LBS BEANS 50LBS WICE😅

[@JaceFalcon]

Good for you. Economy was much better when you were young

[@CDMaclintock]

We are fast approaching a "Have vs. Have Not" America, more than ever before, and The "Haves" need to walk wisely going forward, as desperate people will be everywhere. I'm glad and thankful to God that I'm a "Have", and I'll have no financial difficulties, regardless of how far our (so called) "Economy" deteriorates, and I'm actually prospering.

[@_m_K_.]

@@CDMaclintock yes, and they are importing millions of people who are already used to this have or have not world. The US is a violent country without 95% poverty. They are really turning the US into a central/ south American failed state where the vast majority are poor looking to eat, and the rich drive new Range Rovers. The problem is, the rich in those countries are big targets for kidnapping and violence. I know people from Argentina and if they think you have money, you'll be robbed, kidnapped or worse.

[@nadruik9890]

I remember going to college for mechanical and aerospace engineering and near the end I was a bit panicked because I realized I could draw and calculate every resistor or capacitor etc of a schematic but I had no idea how to actually even set up an actual circuit. Probably why I ended up doing corporate management instead

[@SachsRealty]

Woah!

[@thelampstands8181]

If this country were to remove video games and sports there would be a revolution overnight...

[@bmacaz]

Adam is the BEST - always enjoy his commentary 👏

[@davidlecker7460]

The USA economy is 70 % CONSUMER -they are now out of money-so what will they do? 1774 British answer?

[@StarfireReborn]

No Hope = No Fear

[@johnweibel1128]

Fiat money moved us from Caputalism to Creditism.

[@lanab4103]

Adam! Glad to see you in that other seat.

[@LifeVersity]

Klaus Schwab: "Eat ze Bugs" K. Harris: "Eat da Pets"

[@cfoster6804]

😂

[@DaveDDD]

40:05 My man really said, “don’t worry so much about the working class - the robber-barons of the Gilded Age eventually figured out exactly the minimal amount of money they had to donate to philanthropic pursuits to avoid being killed by an angry mob”. 😂

[@newtalking3]

Also unemployment is increased permanently by new automation / Amazon replacing humans with robots

[@iktr109]

Adam Taggart is a great interview

[@ivelisseramos9529]

Wellfare programs should be a pathway to help people in time of crisis not a lifetime safety blanket.

[@Resmith18SR]

What safety net or welfare in the U.S? There's hundreds of thousands of homeless people so these welfare programs that you're saying are so good and ubiquitous aren't getting the job done in any sense of the word. What is the lifetime safety blanket that's currently operating in the U.S? I don't see it.

[@iktr109]

Yes! Adam is so correct about dealing with the disability benefits!

[@claudiettepel6542]

Watched you both before TM. So glad you met. Just to learn. Elderly and in apt

[@StephenMundis]

🫡🥇Thank u 🤝 GENTLEMEN 🤠👊

[@russelllynch7409]

What motivates men to work? Getting a girl… What motivates men to keep working? Providing for our families… What has society been doing to men for several decades? Breaking up families whether they want it or not and making it abundantly clear we’re nothing but a walking atm for government and the ex. It’s not a scooby doo mystery why the US is crumbling and can not survive.

[@Resmith18SR]

The family structure and men's incentive to work, marry, have children, and raise a family is broken in the U.S. Men know it takes so much money now to have a wife and kids.

[@ginas9317]

Thank for your perspective. Never thought of it that way.

[@Resmith18SR]

@@ginas9317 You're very welcome Gina. Are you married? Lol

[@rustyshackleford2719]

100%. They have destroyed every reward and incentive for men. This society has ignored the well being of men all in the name of 'progress' and now society is in total freefall. Deserved, ironic and totally predictable.

[@supersteve8305]

@@Resmith18SRthey know it’s very expensive to have an ex wife and kids (child support the ex uses for herself). That’s what has broken the dream of a family. Not actually having a family.

[@Russsir]

Term limits, and a one day national voting day, no mail in ballots allowed any longer.

[@daniellebustamante9159]

AWESOME VIDEO THANKS AGAIN

[@SachsRealty]

Thanks

[@garrettpatten6312]

Love both of your channels and watch every chance i get!

[@magnusohlund6459]

In Sweden we would have called Adam a "Social Democrat", of the old school, a real Socialdemocrat. I think he is Nobel and he is running a Star show. Nowadays Socialdemocrats in Sweden has driven themselves into the woke ditch, and there is no quick solution in sight...

[@TheDankrista]

Peak prosperity

[@yvonfafard]

Each of your question is more like a full speech in itself , can you make precise questioning part of your M O .

[@jamesmorton7881]

The system is rigged. Dr Rhicahard Wolff. Dollars are IOUs. I voted with my feet, changing jobs to seek my worth.

[@c0wb0y.crypt0]

Ok... Sooo... Couple things here, cause I fit a lot of these descriptors, but I feel like certain key important topics are being glossed over. He says he wants to see people come off of these entitlements... Id be more than willing to give them up in the pursuit of a career, the major problem in today's system is helping someone maintain their agency in that process, but immediately equating the establishment of benefits to a specific political alignment is fallacious to its root. In fact, a lot of people whom become dependent upon these systems, will often lean politically to the right and it's linked to the pursuit of agency. Agency is a first principle virtue of freedom, and one of the leading factors that determines political alignment. When you have someone in an office just barely making it, they are still just barely making it while putting in all that effort. However, they recognize that it sometimes takes years to try and establish a line of legitimacy to a government benefit (If it can be at all), and thusly they will sacrifice agency in pursuit of career safety. Put someone whom favors agency though in that position, and they will become entrepreneurial outside of the regular work hours or in the case of the impoverished, they will start to live within their means of entitlements, and will favor that bland agency to that of dealing with bureaucratically enforced compliance in the workforce. (AKA : Willfully relinquishing agency) With this factored in, we need to realize that agency is the driving force of self enlightenment... Without it, we are a cultural mass to be directed as the leadership of our elected officials dictate. Sometimes recognizing this that requires pain and hardship. Goodluck pushing that willfully on a national level!

[@SachsRealty]

Great comment. 💪

[@garrettpatten6312]

This would be an interesting perspective to look at in a fourth turning context as well.....The Federalists vs the Anti Federalists during the crisis phase

[@officialmarcjenkins]

Don't forget about the demographic shift as well taking place... People aren't getting married or having kids like they used to so the need for housing is also lower compared to previous decades.

[@Resmith18SR]

Adam is a great guest and I really like and trust his perspective on the U.S. economy. Very balanced, interesting, and informative interview.

[@pastmyprime6330]

All due respect to Adam (who I happen to like very much), for him not to acknowledge that our political elite are nothing more then the court jesters in the hierarchy is dangerously naive. The so called conspiracy of who is really in charge has been resolved long ago for those who still have the ability to critically think.

[@Resmith18SR]

Ok, so please do tell all of us naive Americans who is really in charge?

[@dakotathompson8062]

@@Resmith18SRprivate equity firms,pharmaceutical companies,Israel,NATO,insurance companies.

[@Winner01562]

@@dakotathompson8062 nope bankers / devil worshipers

[@juneabe2076]

This is the reason, need to vote for Trump.

[@ecliptix5436]

That will make ZERO real difference. The agenda will continue and the wars will escalate.

[@barbaraatkinson2204]

You can’t fix the ignorant , all the truth is hidden in plain sight all you have to do is look and hear

[@SachsRealty]

Preach 👈

[@barbaraatkinson2204]

@@SachsRealty we have to it’s are gift to others

[@slowridefpv9668]

Adam is a legend, my friends and I all learned to purchase t bills from his channel.

[@donaldwagner9474]

The Fed overnight rate has little to do with mortgage rates. The ten year treasury is the yardstick for mortgage rates. Fed rates have little affect on the 10 year treasury rate. Mortgage rates are artificially manipulated when the Fed starts intervening and buying 10 year treasuries and mortgages through QE.

[@Spinonemaster]

Adam always strikes me as a guy who see's a violent revolution in the near future ...

[@adam.taggart]

Geez, I sure hope there isn't!

[@AbcDef-iq4no]

I think one of the biggest disconnects in our society in terms of higher eductation is that people go hundreds of thousands of dollars in debt for a college diploma, and never make enough to ever pay this back. So, for the rest of someone's life with that kind of debt this person is a slave to paying back a student loan of this size. To me this has always been antithetical in terms of being more highly educated.

[@adam.taggart]

And it's debt that they can't discharge in bankruptcy....

[@ladycactus110]

Boycott universities. Go to trade schools. People can read Kant and Hegel and muse on intersectionalities of problematization of inequalities on their own.

[@JaceFalcon]

Not highly educated. Uselessly educated.

[@kimiplikci9717]

Couldn't agree more. The return on Investment doesn't make sense for most.

[@TuNick-g9f]

The market still going up...

[@avalonnite9179]

Because it’s artificially inflated by corporations with super computers.

[@K1-rh7rr]

It’s waaaay overvalued ! Buffet is holding 300 billion in t bills ? Looking for a firehouse sale ?

[@BIgBass255]

Kamala will really make soar.

[@bdek68]

I can’t wake for all of these suckers that literally think these markets are normal! They need a serious dose of reality and I’m frankly looking forward to it

[@Star-u3t1l]

Thank you Adam, financial literacy is so important!!!!!!!!!!!!!! for everyone, not just Wall Street.

[@melgray4530]

It's weird the government wants you to be in debt

[@Horatio1886build]

There is a couple of companies currently that have been buying up all the small foundation jacking and repair businesses across the US and into Canada. It still looks like many small companies but when one researches it , all owned by the same outfit!

[@Horatio1886build]

And the prices are 50-100% higher than the few small remaining companies that will probably not be able to resist the buy out offer.

[@adam.taggart]

Industry "roll-ups" like this by private equity are very very common. See Gretchen Morgenson's book, "These Are the Plunderers: How Private Equity Runs-and Wrecks-America": www.amazon.com/These-Are-Plunderers-Runs-Wrecks-America-ebook/dp/B0BK9XFFB1

[@Ufbear37]

Name of the company?

[@Horatio1886build]

We are not really as “ wealthy a nation” as people think assets- liabilities with our sovereign debt? Ah not so wealthy

[@Horatio1886build]

What Adam is saying is all common sense really, not complex. But when the government is corrupt, none of it matters till the corrupt government is removed.

[@PUNKMYVIDEO]

Depopulation is the name of the game.

[@Energyfl00d]

9:48 "You don't need a formal conspiracy when interests converge." -George Carlin

[@anthonyalexander7246]

He is a lawyer not an economist. Duh.

[@btimothygordon2777]

MBNA..is that a Legal Degree...?

[@worldcontrapac]

Hey Adam, I'm an African American male and I think you were very articulate on your ideas regarding our social programs. There are many minorities in the working class that share the same viewpoint.

[@kaicameron6401]

Capitalism has winners and losers.... Well obvious as it exists now. I would say that Government should be the method by which our economy works to help every business win in the market. It might just be that a failing business needs to morph into a business that is successful. There are fairly easy ways to make that happen.

[@ld9044]

I have pity for anyone, depending on the stock market, for retirement.

[@SachsRealty]

Yep. Unless you invested years ago, you will be okay then. You probably won’t be as rich as you thought you were.

[@garrettpatten6312]

Having hard working reliable children family and friends will probably turn out to be the wisest invesment of all.

[@tonyricco777]

Excellent analysis & breakdowns. Thank you, Gentlemen.

[@mikepurdy3952]

Another "Pathway" is; ONLY an actual "Family" can buy a Freaking "Single Family Home"... Its Pretty F-ing Simple...!

[@markaisenberg6641]

I’ve been watching Adam for a long time and had no idea that he went to an ivy plus Stanford! That makes him even more impressive!!!

[@amyhudson1016]

I love this channel so much. One of my top favourites ❤ Keep up the great work!

[@SachsRealty]

Thank you 🤩

[@100jossue]

Love when you bring Adam, good job!

[@elmerburton7838]

Haha. I am old fan of both u two for really longtime. That’s really funny to see u guys catching up

[@Dude411]

Todd why not include in the discussions regarding unemployment, worker earnings, etc. the topic of non-compete agreements? It seems the topic of non-competes is overlooked, however, it could be complementary to those discussions. At minimum it might be worthwhile for you to review the information provided by the FTC.

[@mysticone1798]

Sorry, I don't have an hour and 45 minutes to spare to receive your message. Can you do a "best of" compilation or maybe a 10 minute overview, like they do with football and hockey games? Just wondering.

[@duck-n-cover477]

Underemployment has been a problem in European countries for decades. It goes hand in hand with Socialism, high taxes, and over-regulation. It's like Russia and vodka.

[@Resmith18SR]

Why are the citizens of Scandinavian countries like Norway, Sweden, Denmark, Finland so content with their economic system? What are they doing that other countries like the U.S. can't replicate?

[@maureenberendonk4662]

@@Resmith18SRyou obviously have never lived in any of these countries or you would known their social/economic systems are falling apart

[@Resmith18SR]

@@maureenberendonk4662 Norway, Sweden, Denmark, Finland are falling apart, really? They consistently have some of the happiest people on the planet living there according to surveys.

[@Winner01562]

@@Resmith18SRgo to those countries see for yourself not looking on Surveys

[@maureenberendonk4662]

@@Resmith18SR that’s what I thought, a “know it all” reading surveys…I’ve been married to a Swede for 27 years, lived there, have family in Sweden, Norway and Denmark…Sweden is doing the worst…their systems USED to work very well but not for years now…way too many refugees and economic migrants…it’s an awful mess over there….their famous “cradle to grave” welfare system has been stretched beyond it’s capacity…they sent every household a booklet several years ago telling them to get ready to fend for themselves in every way…people have been prepping for several years now…it’s a mess and they are scared…if you haven’t lived somewhere or have family there you have no business spouting BS like you’re some kind of expert…you are the kind of dangerous idiot that spreads false info because you “read” a survey

[@enigmaak8049]

From all talk I can see a lot of problem. One problem after another. Right? Only one thing is very good, one thing never should change and this is USA constitution, main law on the land = usa land. Am I correct?

[@steshaw3]

My two favourite economic commentators! Hi from Australia 👋

[@sid7547]

I really like the way you guys explain the issues. Great video!

[@SachsRealty]

Appreciate you ✋

[@lelandkelley2199]

Very good, thanks

[@brandonwilliams159]

The government gets free money from your taxes. When you work from every individual, the government auto pay everybody a check every month for not working you shouldn't have to work like a Nager or slave you should get free money every month no more jobs.

[@dennispoolspaservicetdcigl746]

The problem is without exponential growth & being so indebted you cannot control interest rates. I lived that sanerio & it does not work.

[@marctrottier8232]

"THE US IS A BANANA REPUBLIC" BILL HOLTER !

[@remix-yy1hs]

It's a isreali hostage. Gaza is more free then you

[@KenHubbard-jz1vq]

@@marctrottier8232 THE AMERICANS HAVE ONE FOOT 🦶🏿 ON A 🍌 PEEL AND THE OTHER ON A DEPRESSION THE LIKES OF WHICH HAVEN'T BEEN SEEN SINCE THE 2 9 CRASH ITS ALL OVER FOR THE UN UNITED STATES OF AMERICA AND THE NEW WORLD 🌎🌍 ORDER IS THE FUTURE NOT AMERICA , AND CHINA ,RUSSIA ,INDIA VIETNAM BRICS ARE THE EXECUTIVE AND PUTIN IS THE GENERAL 🇨🇳🇻🇳🇷🇺🇮🇳

[@rrrfamily565]

Adam is a perma bear doomsday seller. God knows how many people listened to him and lost money staying out of the market. What a shame!!!!

[@MikeTesa]

I don't know about the market falling apart because bernanke said they can print Fiat currency forever

[@doesitmatter-y8w]

If my research is correct . Its really a greedy situation. How does anyone get a decent job. When no one can get credit. No credit. No transport. No place.

[@polarisjustdothework2258]

Any argument to making higher education more affordable and more connected to entry to the workforce?

[@albrio5749]

Adam Taggart for president!!! 2028...

[@dtrout]

When are we going to see memes of Powell dancing and Brittany singing his theme song .....OOPS I did it again

[@shirleygriffin7672]

Thanks for sharing. Sharing post immediately

[@SachsRealty]

🙏