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@catsandstuff05 ай бұрын
Äääpüüü
@MrManrock255 ай бұрын
😅😮
@Jfuf-g3x5 ай бұрын
Read The Grapes Of Wrath next
@xrpkidotec5205 ай бұрын
We have been in a depression bro. They already had to lie about the definition of a recession.....
@indigameriseminalindian5 ай бұрын
We get mistreated by this government, because the citizens are dumb. We don't even know that this country is the U.S. We think it's called America.🤦🏾♂️ We have no nationality; therefore we have no identity, which makes us all slaves.
@FrankandCents285 ай бұрын
They'll never call it a great depression in the same way they don't use the term war anymore. They'll simply call it a recession or times of economic instability.
@Allthathingss4 ай бұрын
Word Soup! 😮😮😮😮
@ThePimpedOutPlatypus4 ай бұрын
"The Great Economic Discomfort" 2020-????
@FrankandCents284 ай бұрын
They 'Un-alived' the economy. 😂
@LA-Will4 ай бұрын
They probably don’t want to cause panic
@thisworldhasgonemad4 ай бұрын
@@LA-WillIs too late. We already know what is happening. I love in the middle of nowhere, and for months now, helicopters have been flying super low to the ground all day, all night. I have lived here now for many years, it has never been like this before. Something is happening. I'm used to the military training, usually on the weekends here or there. Now it is every day.
@lizacopeland23885 ай бұрын
We complain about taxes and fees but that’s all we do is complain about it. What are we going to do about it?
@douglastaylor80395 ай бұрын
Seems like our politicians have joined the rich and the super rich and joined their club.
@Jake-777-75 ай бұрын
@@douglastaylor8039the rich are only rich because they employ people.
@HoopsKevinski.5 ай бұрын
We're gonna keep voting for the guy saying $7 min wage too high (Trump) while laughing at the only person talking about income inequality (Bern). As Romney pointed out (on a hot mic that tanked him), ½ of Americans don't pay fed income tax, or they receive more than paid. Romney showed true CONservative colors by denigrating those people as "The Takers"... for being the paragon of their whole (phony) mantra (lowering taxes)! Obviously he did that as he knows it's the lowest income ½ of US: He defies his professed Lord & Savior and "serves mammon".
@HoopsKevinski.5 ай бұрын
We're gonna keep voting for the guy saying $7 min wage too high (Trump) while laughing at the only person talking about income inequality (Bern). As Romney pointed out (on a hot mic that tanked him), ½ of Americans don't pay fed income tax, or they receive more than paid. Romney showed true CONservative colors by denigrating those people as "The Takers"... for being the paragon of their whole (phony) mantra (lowering taxes)! Obviously he did that as he knows it's the lowest income ½ of US: He defies his professed Lord & Savior and "serves mammon".
@jamesconley97535 ай бұрын
You gotta learn how to legally avoid them.
@jakecarroll55 ай бұрын
We're the lucky generation to get to experience a depression again..
@enfreakez5 ай бұрын
It's been epic so far, hatch chillies are in season
@DougDash5 ай бұрын
Great Recession felt like a depression
@SpookyEng14 ай бұрын
@@enfreakezI was just in NM two weeks ago, love chili season!
@Maxah3334 ай бұрын
Not just a depression, THE depression
@jessicathompson2364 ай бұрын
@@Maxah333, Grandma said it would be worse than the last one
@SimoneS-z9e4 ай бұрын
Enough Americans understand that this system is messing with us, so honestly, we need to ban together and fight against this madness. I believe a historical revolution is in order. Because having a family, having a decent home, having a healthy diet, and a basic car should not be a rich person thing.
@universalmother4 ай бұрын
Well, just walk right into the trap... Dumb humans never learn. 😂
@mrcheeks693 ай бұрын
Where and when?
@hyperboles65633 ай бұрын
Having a revolution sounds grand and amazing, but there's never an action plan or what to do about those caught in the crossfire. What's needed is a large-scale mobilization of people; to force the majority to actually care and WANT to act about the issue first, protest in some way. The main issue is that these problems disguise themselves now, compared to, say, 1800s to 1900s. The evils hide themselves very well and use fluffy words to make it seem enticing to the same people who are harmed by it. Everyone is so exhausted by the day to day grind that they forget they can organize protests and action besides 'revolution' which can be a rather vague term that is hard to put into motion.
@nathaniel52723 ай бұрын
yeah well that'll never happen because we're microsoft
@praxton2 ай бұрын
You all just gave the culprits unchecked reign over it all. They fucked us over and you rewarded them with more fealty. Not sure why you think the wealthy ruling class is suddenly going to look out for us. They got what they needed. It's only going to get worse from here.
@TheJudar5 ай бұрын
Another thing to consider about the unemployment numbers is that it doesn't account for the millions of Americans who are working two or three jobs just to survive.
@lynnettespolitics96565 ай бұрын
OR the people that are still not working but can't get unemployment anymore.
@msmaria50395 ай бұрын
I know a couple of people who have to work two jobs. One of them just looks dead inside.
@pedrorenatodepaula2335 ай бұрын
This is modern slavery
@mojogustavo775 ай бұрын
@@pedrorenatodepaula233ding ding ding 🛎️ someone has it figured out.
@Timbertrussminifarm4 ай бұрын
My husband works 2 jobs just to get by. Its truly sad.
@30jenniferg5 ай бұрын
If people think everything is OK, they are seriously delusional
@jeffturner42185 ай бұрын
Got a sister tells me everything is going great where they go. So far Europe and South Africa this year! Tried to tell her the economy and dollar is gonna crash. She tells me that I went to the DARK SIDE, we don't talk.
@imbrandon165 ай бұрын
The news keeps saying we’re doing better than ever. They will not say anything negative about the current administration.
@Tailionis5 ай бұрын
@jeffturner4218 same. Life's great for these people tho. They have their homes paid off.
@951ruben5 ай бұрын
Its always been like this its good for some and bad for others
@Tailionis5 ай бұрын
@@951ruben in 3rd world countries. The middle class is shrinking in an exponential rate. This is anything but normal.
@TherealTFfromKingston4 ай бұрын
Prior generations: “taxation without representation is tyranny” Current generation: “you will own nothing and be happy” Complacency is the problem
@shanejones5784 ай бұрын
@@TherealTFfromKingston weak men.
@digitalfinancialmarket4 ай бұрын
We are doing everything we can
@alanzielinski77384 ай бұрын
Already happening
@digitalfinancialmarket4 ай бұрын
@@shanejones578 you weak, what in the world are you doing? I'm running for Governor of California
@armjack4204 ай бұрын
@@shanejones578 Least brain dead testosterone user
@philpaul905 ай бұрын
"The Greater Depression"
@kingjoseph59015 ай бұрын
Perfect
@Sy-xu2yw5 ай бұрын
The Greatest Depression?
@blissmorningstar93914 ай бұрын
I know I shouldn't laugh but this made me laugh so thank you
@MarleneMeier4 ай бұрын
Or the avoidable depression
@mimimi56564 ай бұрын
Hopefully it doesn't transgress into a Greatest Depression
@tmm2265 ай бұрын
Im 60 and this is the first time I do not feel safe or at ease, something is seriously wrong..😢
@phoenixfireclusterbomb4 ай бұрын
That had taken awhile for ya!. I’ve been feeling it since my childhood. Im 45!
@RobinK77774 ай бұрын
It’s because we’re living in the end times. Our Lord and savior Jesus Christ is coming back👑 “ Be not afraid of the ones who can destroy the flesh but be afraid of the one who can destroy flesh and soul” turn to God the Almighty before it’s too late.
@ryanyoung92024 ай бұрын
@@phoenixfireclusterbomb SAME 🫣😬🙃
@drivertsunami59664 ай бұрын
@@phoenixfireclusterbombSAME.
@Wumboo20004 ай бұрын
@@RobinK7777 hail Satan
@militaryhomes62925 ай бұрын
Part of the reason it's a silent depression is because other than the people openly complaining online no one is. Everyone is trying to put on a front because if you admit you're struggling people might judge you for it. We all are trying to find our place in the "tribe" so we'll charge things on a credit card to hide the fact that we can't afford certain things.
@toasterpastries58114 ай бұрын
Men are forced to front as rich so they can attract female mates, who only wait at the finish line for the winners (top 5% of men). That's why men shut up and don't complain.
@dgage17764 ай бұрын
I'm so blessed to not care about what the mentally ill masses think of me.
@Kspice90004 ай бұрын
Exactly. It's the bullshit strong man/boomer narrative that's the cause of this. "Well we were able to do it just fine at your age! Your just not stong enough" while negating the difference in times and that the labor force has tripled while job dropping off the earth is at all time high.
@TheWolfeDen4 ай бұрын
That may be your community, but I know many people in real life who are open about the current struggle. The media is kinda tight lipped though, and is quick to blame it on generational irresponsibility and entitlement.
@universalmother4 ай бұрын
You humans will NEVER learn. You already decided. This is the consequence of choice.
@Prophezora5 ай бұрын
I think we are living in the great psychosis.
@shanejones5785 ай бұрын
The Black Death, plague of the mind.
@samanthafreeman43155 ай бұрын
The great gaslighting
@black-redpill34 ай бұрын
Yuri warned everyone
@LordFinkenstein4 ай бұрын
@@black-redpill3Turns out McCarthy was right.
@AKdaJuiceGuy4 ай бұрын
The great reset comes for the world
@Riggsnic_co3 ай бұрын
Coming out of facing alot, I knew two things about the stock market: It caused the Great Depression, and the fastest way to make a million on the markets was to start with two million. And then the Great Recession happened only a few years later. So yeah, I wish someone had better explained it to me earlier in life. Having a good entry and exit strategy will make you succeed in the stock market.
@Crystal__sage-b7k3 ай бұрын
There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.
@Nicole_Andys3 ай бұрын
Exactly, most of the investors pays more attention to the profit aspect forgetting that the market involves ups and down. securing your financial position requires lots of patience and proper education on the market so as to know the right profitable stock to buy and invest in. I made over $260k in profits, from just the Q4 of 2021. Investing in the stock market is most profitable when you understand how the market actually works.
@Anselfits3 ай бұрын
I really acknowledge your comment, i have been trading stocks for a while now but i have not been able to make much. how do you achieve this feat?
@Nicole_Andys3 ай бұрын
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Carol Vivian Constable’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
@Anselfits3 ай бұрын
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
@kirkpalmer17095 ай бұрын
For those interested, the national debt is not designed to be paid off...it's absolutely impossible. For example, the govt borrows $1 from the federal reserve bank (a privately owned bank). It owes that dollar back to the federal reserve with interest attached. Now where does the govt get the money to pay the interest on that $1? The answer is it borrows that from the federal reserve bank too...and on, and on it goes...a snake eating its own tail. Oh BTW...every dollar the govt borrows from the federal reserve bank makes the federal reserve even more powerful. So on and on it will go, the rich getting richer and the poor getting poorer until one day the federal reserve bank will own it all. Our own govt sold us out in 1913.
@EnufAlrdy9095 ай бұрын
KZbinrs, like Gregory Mannarino, have been trying to get people to understand this for years! Most people just don't care and don't want to hear about it. It's sad!
@kirkpalmer17095 ай бұрын
@@EnufAlrdy909 Yes and that's why nothing will change for the better...because the vast majority of people remain willfully ignorant of how the monetary system works and how it is screwing them by design. Most people have become "institutionalized" by this debt based system we're forced to exist in. I'm hoping one day people will smarten up and the tide will turn but I'm not holding my breath.
@googleuser8685 ай бұрын
But in the end there's more of us than them. Where's the straw that breaks the camel's back?
@kirkpalmer17095 ай бұрын
@@googleuser868 That's why the powers that be keep the common citizens divided along every line they possibly can. It's the old divide and conquer strategy. Keep the peasants squabbling amongst themselves while they rob you blind. And if too many people start to wake up to what's going on they will start a major war to distract the people. It's been working for them for centuries if not millennia.
@wymonwatson13095 ай бұрын
@googleuser868 Ths straw is 3 meals, when the vast majority of people have not been able to eat for 3 days, we will revolt. That's the straw, always is throughout history, once the peasants starve enough, rich heads roll.
@king-psycho86035 ай бұрын
Only reason we aint eating bugs is cuz fake food is easy to make
@TrueMiThompson4 ай бұрын
I bought rice opened it 5 days later full of this little black bugs? Eggs must’ve already been in the rice. Friend has some in her flour at her house when she opened it.
@Creoles.nature4 ай бұрын
@@TrueMiThompsonWhen you buy it before you open put in freezer
@TrueMiThompson4 ай бұрын
@@Creoles.nature Thank you, will do!
@Ori.T3 ай бұрын
And check for pest control aswell because rice better stored in dry area in a room temp unless its cooked already. If you have shit like that in the drawer trust me you need to check and clean....@@TrueMiThompson
@Susanhartman.4 ай бұрын
There is an equal market chance associated with each crash or collapse. I have seen people accumulate up to $1 million during a crisis, and even make it work in a strong economy if they are prepared and well-informed. Without a doubt, the bubble/collapse is making someone wealthy.
@Grace.milburn4 ай бұрын
I completely agree. It's not just about the dividends or profits, Diversifying a portfolio can be a smart move and i always advise one gets a professional to help out.
@mikegarvey174 ай бұрын
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
@ThomasChai054 ай бұрын
@@mikegarvey17Could you possibly recommend a CFA you've consulted with?
@mikegarvey174 ай бұрын
My CFA ’Izella Annette Anderson’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@mariaguerrero084 ай бұрын
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
@kolonarulez52224 ай бұрын
I'm just angry that I had to be born just in time to live through it at what's supposed to be prime earning years. My folks waited way too late to have kids. My mom is griping about her upcoming retirement while I'm stewing with the fact I'll probably never be able to move out. I'm just so tired and angry and tired of being angry with no future and no money
@alliexxmarie4 ай бұрын
i’m 27.. it’s so scary how you can’t even find a job now a days.. i’m so terrified for my future and it shouldn’t be this way at all
@totallyrealcat48004 ай бұрын
Im already planning on learning wilderness survival skills in case things get bad
@universalmother4 ай бұрын
If you are not able to get creative and think outside the box you are doomed, young one. You humans are slated for reduction to balance systems. Selfish is being removed from the equation.
@universalmother4 ай бұрын
@@totallyrealcat4800What is your level of practical survival experience? If you have none, you are in serious trouble and not thinking clearly. As someone who has lived preparing for this since childhood, you don't have time. It takes years to learn how to live off grid properly. Do you know what foods are safe to eat, like berries? Do you know how to test if something is poisonous? Do you know how to purify water without fire? This is a crucial skill. Can you build a fire correctly, wet or dry? Do you hunt/fish, not weekend pier fishing? Do you know how long it takes to grow food? You will starve before the first crop, if you can get it grow? Just sticking seeds in the ground is guaranteed failure. Do you know how to prep soil and create compost? You are not acclimated to weather, animals, injury, disease, and the knowledge to plan effectively. Without practical experience, death is your likely outcome. Your best option is to find a group where you have skills to contribute. What is the most crucial asset needed first? Most people get this wrong. TV is not a substitute for experience. It isn't food or water. What we have touched on doesn't scratch the surface of what you need to already know to stand a chance at long term survival. In grid down, roughly 80% will not make it due to factors already listed. They are unprepared. Most of you will walk into the camps because you are not prepared for what is coming. Test yourself. Cut yourself off from all modern life for a weekend. No electric, devices, a/c, running water. We will be surprised if you make it through the weekend. You are too acclimated to your comforts to adapt effectively.
@JesusISKingNoMatterWhat3 ай бұрын
I'm 37 and your right!!!! Focus in God and Pray He will Provide!!!! Mysterious but he always does on time.
@BigHomieSteveTheMetalHead3 ай бұрын
Doesn't help that millions upon millions of illegals have been flooding into our country.
@joeyphelps79294 ай бұрын
I went and bought a box of ice cream it used to cost 4.95 now its 9.95 everything has doubled if not tripled and once something goes up it never really goes back down
@Timbertrussminifarm4 ай бұрын
What used to fill up a cart of groceries is now almost $400.00! We are stocking up incase anything happens! I used to just get enough to make dinner but here lately I’ve been prepping &… I was flabbergasted how much it costs to stock up!
@user-lo2di7sp8n4 ай бұрын
The only time prices go down is when we switch to a new currency.
@aurorerich3 ай бұрын
I bought a can of whipped cream for € 5 and it was emptier than usual to a point there wasn't enough pressure in it. I could barely make a small tray of tiramisu. I got 1,5 measly layer out of it. I would have to buy two cans or spend € 10 just to make a small plate of tiramisu... Like bro. Never mind.
@aurorerich3 ай бұрын
@@Timbertrussminifarmi can't afford to prep even. Imagine buying those materials all at once. Batteries, toilet paper, bags, all kinds of matches, honey, soup, cereal bars, etc. All for a situation that probably won't happen. I think if I filled a cart with prepping stuff, the bill could be over € 500?
@brendandrummond17394 ай бұрын
I’m 23. When I was 19-20 I was making good money, and going through school. Then my parents stopped supporting me, that was fine. Then the economy started to tank… my income went down as my company tried cutting costs on labor. My buying power halved because of inflation. I dropped out of school to focus on work. Eventually I got burned out running the paycheck to paycheck… and now I’m back living with my mom just so I’m not homeless. 5 entry level job apps within 2 weeks and I haven’t heard anything back. (Why is there even a job listing?) Forget the struggles I’ve had with relationships and mental health as a result of all the stress… Not a fun society to grow up in. I wish it wasn’t the norm to immediately move out and go to college. I would have been better off waiting to know what I wanted, waiting until I had some money saved or something. I am only 23 and I’m already sick of bureaucracy and taxes. Life is hard and unfair enough. I am NOT proud to be an American, from a representative democracy we’ve slowly become an oligarchy. We are all the indentured servants. I know I’m not the only one; but I was always supposed to be a successful kid. It feels harder than ever to get there. The fact that I’m an extremely capable individual, but don’t have the accredited slips of paper because I can’t afford school atm… I’m just so fed up. Wage stagnation and inflation are the only metrics I need, to know I am getting FUCKED! This impacts every aspect of society, including dating. Especially with a history of relationship abuse, it feels impossible to date knowing full well I don’t feel enough for myself. Much less enough for another person. On the outside, you see a healthy young man, strong and tall. On the inside, I feel worthless. It’s hard to stay optimistic and avoid bitterness and “what-ifs”. Our society is sick. We don’t even have community to fall back on if we fail. If I wasn’t able to at least live without rent atm, (thank God for family) I’d either be unalived or in a payday loan debt so deep I would also unalive.
@iridescentsea37304 ай бұрын
it was over before we were even born, and nobody seems to realize that. western civilization is currently ruled by a foreign people who hate us and want to erase every trace of us from history.
@chargedattack35594 ай бұрын
It's like looking in a mirror, brother. Stay strong.
@universalmother4 ай бұрын
As an old timer, we do hold some empathy for your plight being younger. However, talk will do nothing. The world you knew no longer exists.
@baba82004 ай бұрын
You’re not worthless bro. Don’t let this trash government and economy decrease your self esteem. You should actually be proud enough to have the humility to be able to articulate all of this. This really isn’t in your control and should impact your self esteem. Prayers to you bro
@patriciavandevelde54693 ай бұрын
Welcome to the club! It s all planned!
@hopeg024 ай бұрын
I cried buying milk 2 days ago and then I dropped it on the ground, only have 5 bucks left in my account so I can’t get another one until next week 🙂 I love America , also for reference I make around 3500 a month if I don’t miss a day of work. I should not be struggling
@Timbertrussminifarm4 ай бұрын
Its $4.04-$4.44 for whole milk. If you go to the farmers market it’s $9.00 for a half gallon of REAL milk!
@brianwt14 ай бұрын
I’m curious where you live I make about 2500 roughly and get by I mean some months are pretty tight but I make it.
@TheWolfeDen4 ай бұрын
I remember when 4K a month was absolute baller status
@hopeg024 ай бұрын
@@brianwt1 Florida Orlando
@hopeg024 ай бұрын
@@brianwt1 I’ve been saving a lot more since 2 weeks ago tho. I’m not as stressed as I was thankfully
@Buckfrisch5 ай бұрын
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
@HerbertNorman-r6u5 ай бұрын
I feel your pain mate, as a fellow retiree, I'd suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
@RhoadesStephen5 ай бұрын
Digital Asset"? What is that? Does it have some intrinsic value or is it a made up ledger of imaginary ones and zeros?
@ChrisOBrien11715 ай бұрын
That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@HerbertNorman-r6u5 ай бұрын
Brian Humphery Services was my hope during the 'bear summer' last year. I made so many mistakes but also learned so much from it, and of course from Brian.
@HerbertNorman-r6u5 ай бұрын
He is really a good investment advisor. Was privileged to attend some of his seminars.that's how I started my own crypto investment
@VultureXV4 ай бұрын
Gold is for the mistress Silver for the maid Copper for the craftsman, Skilled at his trade "Good!" Said the Baron, sitting in his hall. "But Iron, Cold Iron, is master of them all."
@voteforfreedom37253 ай бұрын
Did U make that up yourself?
@VultureXV3 ай бұрын
@@voteforfreedom3725 No, it's a historic poem.
@riversoflivingwater38314 ай бұрын
As a teacher I respect how she said, “Someone has to do it.” I despise when people tell me I shouldn’t have chose my profession. I choose to rescue rsoecial needs kids because it’s my calling. I have a BA and masters and still struggle at the end of the month. This isn’t okay.
@mycbr600rr5 ай бұрын
Starvation is coming to America. Stockpile food, not money
@PatoCañasos4 ай бұрын
Los norteamericanos no se la ven venir porque como la inflación es demasiado elevada ya a nivel mundial está dejando de ser usada como moneda de ahorro o transacción, eso hace que haya menos demanda y el valor caiga, estan al borde del abismo, esto es solo el comienzo, se imaginan 1 dia de 50% de inflación?
@SpookyEng14 ай бұрын
I have ammo, I can get food
@zelobeats23754 ай бұрын
@@SpookyEng1fax
@firefly98384 ай бұрын
Ammo. Dried food. Gold.
@thechronicillnessdiaries27734 ай бұрын
Facts
@CHRISCRAZZ-t7w4 ай бұрын
Up here in Canada they’re trying to tell us that this is the best economy ever, and that the states is having the best economy ever. They think that were that dumb the media.
@lilymcnabb66215 ай бұрын
folks are using credit cards to just eat, not necessarily maintain lifestyle. think about it. with $ being devalued, every hour we work, we are working for a lesser wage.
@toomuch2do4703 ай бұрын
Beans and rice, rice and beans.
@lilymcnabb66213 ай бұрын
@@toomuch2do470yes but know that nothing all the supposed irresponsible people are doing cumulatively can do the damage the government has done. In fact they are mimicking the government. It is the folks that have done everything "right that are getting screwed the most. Most people haven't a clue how money really works. Our government gave up their sovereign right to a private bank, the Federal Reserve. The IRS is the collection arm of the Fed. Both created in 1913. The Fed controls the entire monetary supply. Go back to the beginning using simple #s. Our government decides they need $1 so they ask the Fed. The Fed says yes but at say 1% interest. They print the $1 and the government issues a bond to repay the debt. So how do you repay $1.01 with only $1 of supply. Print more $. Rinse and repeat. The design was so that it could never be paid off. Failure by design. Then folks are out here thinking their house has increased in value though most have made no improvements. The price has gone "up" because the purchasing value of the $1 has gone down. It takes more of today's devalued dollars to match yesterday's cost. The tax man gets their cut on % so their share keeps pace with inflation. When the government is flooding the country with millions of folks and providing them with care from taxpayer $s, from the bankrupt coffers and printing $ out of the Yazoo, it has reached a point of no return. It seems as callous and self righteous to say beans and rice vs the folks thinking they are going to profit off the folks losing everything in this economy. This cycle is not like the rest. They have orchestrated this to collapse everything globally. Central banks are legal counterfeiters. Reality can be a hard pill to swallow.
@TroyHanson-ch6nm5 ай бұрын
56k average income is not even close imo.. Try 34k at best imo
@reginafisher99195 ай бұрын
You're right
@imissamerica42405 ай бұрын
💯
@3Torts5 ай бұрын
34 is about what I bring in haha
@itsnick374 ай бұрын
Probably between 40 and 50k, maybe about 40k in the poorer states
@crystalandmarkvrb4 ай бұрын
the .0001 percent highest incomes own the equivalent of the us and russia. this skews the numbers. they don't want to show you the median adjusted average wage cause that doesn't fit their narrative. average wage also doesn't include people making nothing because that doesn't help their narrative
@saskagopher73194 ай бұрын
A depression is where there is a scarcity of money, now there is an abundance of money but it isn't worth anything.
@pamcornelius91224 ай бұрын
Just like Venezuela.
@aurorerich3 ай бұрын
Mass inflation. I warned everyone years ago that all the money printing was not a good thing...
@Mr_direction3 ай бұрын
And German before ww2
@nickkearney40835 ай бұрын
Feds have cooked the books fir so long they haven't a clue how bad it is. We been in a technical recession since last year. When they declare this recession it will be a technical depression starting.
@zuzanazuscinova52095 ай бұрын
Sounds about right
@josephpurdy83905 ай бұрын
Which month did we leave the recession that started in March 2020? This was the month that employment, global trade, and manufacturing took a nose dive. It wasn't called a recession by most people. That means that even now when those signals flash. It will not be called a recession, because of successfully duping of the public in 2020.
@nickkearney40834 ай бұрын
@@josephpurdy8390 it didn't actually start until the prices rose 15% then the lay offs in the various industries. even retail and restaurants were not immune. as a matter of fact they lead the decline right along with retail.
@BananaPhoPhilly4 ай бұрын
Nothing really got better after 2008. For a few years between 2015 and 2019 there was an economic “boom” (more like stability), but that was short lived.
@mikeymarvintv60424 ай бұрын
When Trump was in office! lol
@BananaPhoPhilly4 ай бұрын
@@mikeymarvintv6042 End of Obama and first couple years of trump. The second half of trump’s presidency was not economically stable at all lol
@Realiz3333 ай бұрын
@@BananaPhoPhillyright
@aurorerich3 ай бұрын
That boom was just a bunch of leaf gold on a bunch of eclairs that they then sold in pop up stores to keep the masses calm and not panicking. Pretending to be rich on instagram to not panick. Etc. Fake job creation under Obongo. Job agencies popping up like fungi for years, offering week contracts at best. There was no boom, ever.
@_CosmicSton3r5 ай бұрын
Another depression, another war to "fix" the depression.
@thomasrial44444 ай бұрын
Now we just have to learn which country will cause the larger war because Ukraine ain’t it, Russia is making themselves look like they are falling apart.
@mrbigbankuchiface_33524 ай бұрын
fabricated war not even a real war all the leaders are together its just to shut everyone up
@Kin-28-84 ай бұрын
Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
@Thompson-e7h4 ай бұрын
If you lack knowledge about market investing tactics, get advice from a financial counselor.
@BridgetMiller-4 ай бұрын
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
@Agatha.wayne04 ай бұрын
I could really use the expertise of this advisors.
@BridgetMiller-4 ай бұрын
I have a female advisor named Jessica Lee Horst. I recommend researching her. To be very honest, I'm glad I decided to let someone handle expanding my finances even though I almost didn't think I should.
@berniceburgos-4 ай бұрын
Thanks for sharing. I searched her full name and found her website instantly. After reviewing her credentials and conducting due diligence, I reached out to her.
@ihytvm5 ай бұрын
The WEF weren't kidding when they said "You'll own nothing and you'll be happy", were they?
@caridadrevilla24395 ай бұрын
All this we are going through is by design. Corporations are now allies with the WEF's agenda.
@MarleneMeier4 ай бұрын
Happy=miserable
@ihytvm4 ай бұрын
@@MarleneMeier The West's ruling class, ie. bill hell gates, mark zuckYbooger, jeff bOzos, george soRRows, time cRook, will destroy the middleclass first. Once most of the masses are broke and desperate, they will be more than willing to vote their country into socialism when the ruling class put it on the ballot. Think critically: Is it easier to control the masses in a socialist authoritarian regime like veneZooland, or in a constitutional republic like the current (soon to be gone) USA?
@AKdaJuiceGuy4 ай бұрын
They want a global population of slaves.
@alanzielinski77384 ай бұрын
Nope true
@crush91974 ай бұрын
We are passed depression. We need a whole new term to describe what we are on
@LadyTruth74 ай бұрын
Agreed 💯
@Jimraynor454 ай бұрын
It's an inflationary depression... If you don't like that, then just call it robbery. You are being robbed blind by the federal reserve, and you don't even know it.
@NexusKin3 ай бұрын
Bottomless Trench.
@shanejones5785 ай бұрын
US constitution : Article 1 section 10 No state shall mint any coin, make any credit, make anything money but gold and silver.
@jaernihiltheus78174 ай бұрын
If says state but It never said anything about region or county
@shanejones5784 ай бұрын
@@jaernihiltheus7817 federal government doesn’t have the power under the constitution to mint money, it’s a states right. The federal coinage act of 1792 is what gave the federal govt power to mint a national currency. There were issues between x amount of metal being worth different amounts in different states. Maximum state sovereignty was the founders original goal remember, so it was just working out the kinks. The important part was the latter, only gold and silver shall be money. And that was followed until 1933 and 1964.
@shanejones5784 ай бұрын
@@jaernihiltheus7817 some people argue 71, but the United States never minted a gold coin intended for circulation past 33 so they knew they were done with it.
@shanejones5784 ай бұрын
@@jaernihiltheus7817 other counties recognizable currencies were also legal tender in America until 1857.
@tpb26654 ай бұрын
Please tell me more about this.
@twobitsandpepper82355 ай бұрын
Were they forced to carry 15 different types of insurance back then too?
@nolongeranurse33695 ай бұрын
No..but mortgages were 10 year intrest only with the balloon at the end and 20% or nore down..you want that instead..oh and with no insurance no coverage...and everyone in the family above age 8 had to work to cover bills..and most 2000 sq ft homes housed 9+ people
@twobitsandpepper82355 ай бұрын
@@nolongeranurse3369 I would like to not have to be forced to pay insurance and fined if I don't have it. Especially, (whether it's house, car or health) when they do everything in their power to not pay. And if they do have to pay out, they either raise your rates or drop regardless of fault. Also, they will raise them whether you even have a claim or not. So why are we paying for it again?
@nolongeranurse33695 ай бұрын
@twobitsandpepper8235 you are " forced" to have auto insurance only if you want to drive on public roads...you are " forced" to have homeowners/flood/ earthquake insurance ONLY if you have a mortgage...You are " forced" to carry Heath insurance only if you wish to be able to use health care services...if you are willing to stay on your own..fully paid off oroperty..assume all risks of losses..including loss of life then you can chose not to carry those insurances...personally I don't care if you stay on your property from birth to death without paying...just keep in mind if someone is hurt on your property you very well could lose even that.
@twobitsandpepper82355 ай бұрын
@nolongeranurse3369 Completely missed the point... You know how many people get dropped or increased prices and rates for absolutely no reason at all? They always cover less and less and cost more and more. To the point it's become pointless. And you can get liability on your vehicle only, you can cancel the insurance if your mortgage is paid, and you can absolutely get treated medically without insurance and just pay in cash. I recently had to spend $3K for a broken bone, but I saved about $35K not paying for health insurance for a decade. Honestly, if you're young and healthy, there's really no reason for it is there?
@imissamerica42405 ай бұрын
@@nolongeranurse3369lick dem boots boi
@akcalo5 ай бұрын
If people think this too far gone problem will be fixed by voting. I've got a bridge to sell you.
@ErinRSU4 ай бұрын
I guess they didn't pay attention in 2020 😂
@Eric-ej3oy4 ай бұрын
Its a travesty
@stormchaser4194 ай бұрын
The average person should be making $125,000. To me that is the biggest takeaway. To stay pace with 1934 but maybe even higher based on all these taxes. The salary for an average single person is $54,000. This is beyond the Great Depression. It should be called the decades long screw over.
@anneirving76572 ай бұрын
I wish I made $125,000 a year. Try one third of that
@rh50225 ай бұрын
The depression was 25% unemployment if u got the real numbers its higher now
@Zaidi_2274 ай бұрын
Wtf really?! What's the real number?
@tomsandoval26074 ай бұрын
Anyone aged 18 to 65 who is not working should be called unemployed. The idea that just because you ran out of unemployment insurance means you are no longer unemployed is patently idiotic.
@Zaidi_2274 ай бұрын
@@ErinRSU natives have been replaced by who? And by natives do you mean native Americans?
@prettyboyjeremy3 ай бұрын
@Zaidi_227 There's native Americans (tribe) and There's native Americans as in Americans born in America. We're being replaced by foreign born workers
@Jack-u2y6q5 ай бұрын
Remember if you stopped collecting unemployment because you finished it and still unemployed you do not count in the unemployment rate. The rate is much higher but they hide that fact. Unemployment help in red states does not even buy you food let alone gas to go on interviews or rent so you don’t become homeless. I would rather they don’t tax my salary and I will take care of myself if I get laid off.
@M3LTUP5 ай бұрын
Agree. We are in a Depression and the Media tells us Kamala(the person already in charge) is polling ahead of Trump. Makes sense.
@jamesbyerly7665 ай бұрын
People still listening to the news is wild. Yall realize voting doesn't matter correct? It's on "we the people" at this point. You can't vote your way out of tyranny/revelations.
@bigshoe845 ай бұрын
And Kamala has the gall to say she will fix everything if we vote for her after being in office the last 3.5 years
@tmdrake5 ай бұрын
yup....why i only spend money if i need to.
@laurijohnson77545 ай бұрын
She is not in charge. My bet is it’s Obama as the puppetmaster. Kamala is being told what to do and say.
@laurijohnson77545 ай бұрын
Think about this… the people who have contributed the least in taxes are the ones getting the most money… the poor and illegals. No one should get a free ride. Both of them should be payibg something for all of their free money and gealthcare
@TheJudar5 ай бұрын
I believe it will be known as "The Greater Depression"
@Michaelfatman-xo7gv5 ай бұрын
"The Roaring Twenties."
@3Torts5 ай бұрын
'The 2nd Great Depression' will likely win out.
@TonisScene4 ай бұрын
😂
@Itsjrob_5 ай бұрын
Buddy I had to use my credit card to buy groceries….its either use the card or don’t eat…. Or put gas in the car to get to work
@enfreakez5 ай бұрын
I'm screwed too
@brianwt14 ай бұрын
Yeah I have had to do that more and more lately and I hate it.
@Eric-ej3oy4 ай бұрын
Or you know what. I hear ppl say it often and perhaps its what they are pushing ppl to do. I hope if you are young you didn't bring a child into this struggle or war.
@MarleneMeier4 ай бұрын
I make 2x the amount I did 15 years ago, but everything costs twice as much now so I'm not ahead at all!
@richardbaker3084 ай бұрын
All those extra taxes and were 35 trillion in debt. Makes sense
@frednichols79965 ай бұрын
Why is everybody thinking we’re not in the depression two straight quarters of not having positive positive cash flow as a depression. Live with it. We’re in a depression. It’s only gonna get worse unless someone or something makes it better.
@tigran19935 ай бұрын
Confirmed Wiemar Conditions.
@JP-xq7fo5 ай бұрын
Political teams don’t want you to think that
@josephpurdy83905 ай бұрын
84% of the S&P 500 companies were engaged in deficit spending for the 2019 fiscal year.
@joec5544g4 ай бұрын
That's not the definition.
@magnolia316115 ай бұрын
My grandmother was born in 1929 in New Orleans about 6 months before the stock market crash, and she said growing up her family was not rich by any means, but she said that she was completely unaware that there was any serious financial hard times. It wasn’t until the rations during WWII that her family really had to tighten up financially, and be more frugal. I think that for most of us now, we’ve only learned about the most extreme situations during the depression, which I’m not minimizing, what people went through was awful, but we don’t really ever hear about how there were a lot of people in the country that it didn’t necessarily have as serious affects on. In the 08 recession, she told me that things were the toughest financially she’d ever experienced, so I think the point being made about how we are being taxed so much more, and how people are using credit cards just to survive are really good things for people to consider. The other thing I think people really need to start thinking about is learning how people in the past were able to stretch their resources, there’s a lot of wisdom there. They weren’t as wasteful back then, they found ways of stretching food, using everything until it just couldn’t be used anymore, we need to learn how to do that again, otherwise, I worry about how people would make it through another Great Depression.
@helenkessler60124 ай бұрын
I can make a chicken last for a week of meals. I can make soups out of hardly anything.. Save leftovers.
@lucario2able4 ай бұрын
That is something people aw doing now a days. Not on such a grand scale obviously but still. The issue though is we shouldn't be preparing for another one we should be doing everything in out power together to avoid letting it happen AGAIN.
@Eric-ej3oy4 ай бұрын
Unfortunately bc of technology we are moving at the speed of light and its difficult to slow down now. Its keep up or be left behind. Time has sped up in recent years as a result of rapid reproduction and technological advances and it waits for no one. AI is slowly but surely taking over jobs. Now what.
@TheWolfeDen4 ай бұрын
It's disturbing how many people don't know how to do things for themselves. Cooking, cleaning, repairs, home and vehicle maintenance, gardening etc. Which would help immensely in learning to stretch a dollar and getting them through rocky times.
@SnowStormen5 ай бұрын
Farming Americans to pay for other countries and immigrants. We getting played.
@kevinjoseph5175 ай бұрын
farms owned by china.
@shanejones5785 ай бұрын
Like a fiddle. Even bigger problem than that is the 1933 federal gold confiscation act, and the 1964 final straw of your money truly becoming fake. 20 dollars was 20 dollars for 170 years in America.
@shanejones5785 ай бұрын
The dollars purchasing power was improving for 150 years straight, which is why they stole all of your money and gave you paper I owe Us
@Jake-777-75 ай бұрын
@@shanejones578no it hasnt. Your making things up. You are flat out lying. A $20 bill in 1930 was literaly worth an ounce of gold. In other words, $20 in 1930 is worth $2,500 today.
@shanejones5785 ай бұрын
@@Jake-777-7 you need to reread my comment.
@Timbertrussminifarm4 ай бұрын
I worked for a LARGE financial company..it was our turn for raises..never got one! I was told “you know you only get a raise if the company is doing well right?”…yet higher upper mgmt ALWAYS got raises & made close to 100k a year!
@HappyFlamingo85355 ай бұрын
I read a book called “prosperity in the age of decline” by Brian and Alan Beaulieu that was written in 2015. It said that around 2030 we are going to go into a great depression world wide because of the large aging population and drop in birth rates. They said the population age ratio should level out around 2040. 2030 in the year that the last baby boomer will turn 65.
@Michaelfatman-xo7gv5 ай бұрын
For funsies, find the "Deagle Report". If things stay on the rails, there is a good chance 75 percent of us won't make it to mid 2025. There's a plan.
@v_DICE_v5 ай бұрын
Now compare houses, cars and the number of kids they had to feed back then.
@thomasrial44444 ай бұрын
They were allowed to sell their children back then, 1967 is when that ended btw…
@BayouRepairGuy5 ай бұрын
I’m in rural Louisiana so I’m been living in a depression, my whole life, it’s just you people that are gonna understand how to live with very little. I’ve already know how to do that.
@googleuser8685 ай бұрын
I lived on near poverty wages and saved the surplus only to watch the rigged system steal a lot of my savings. I just retired early and still lived like I was dang near broke. Not interested in being a wage slave to the corrupt system.
@lucario2able4 ай бұрын
The point is nobody should be living with little. Everyone should be paid enough to live somewhat comortaby and not be living paycheck to paycheck or worse.
@crystalandmarkvrb4 ай бұрын
same here in rural wv
@TheWolfeDen4 ай бұрын
I come from a poor southern family as well. It does make you incredibly resourceful. I think a lot of people are going to get a big shock in their living standards. That said, sudden and widespread poverty is a big red flag regarding the status of a country.
@Nathan-b2e4o4 ай бұрын
Wait why am I seeing people talking about living with less resources? I get the concept right however why is that the norm? We should at the very least be able to afford 2 hobbies and still be comfortable after paying basic necessities and living paycheck to paycheck is not going to cut it. Also regardless of pay if you are working a job any job where it’s 40 hours a week you should be comfortable in regards to living. By the way in Indiana the federal minimum wage is $7.25 lmao so how are you going to live off that Kind of money when studios for rent are around $800 to $1000 a month and this isn’t taking into account for other bills groceries etc.)
@reneestevez71935 ай бұрын
Back in 1929 we didn't have a 35 TRILLION $$$$s in SOVEREIGN DEBT please consider that😮😮😮.
@jeffturner42185 ай бұрын
@@reneestevez7193 that's why we are going to see a currency crash. No one wants the Dollar!!!
@OnyxKami5 ай бұрын
Important context missing is the US dollar in 1929 was valued at about $20/ounce of gold. Right now, gold is $2,400 an ounce. The money was far more valuable back then.
@OhYesYes-l6o5 ай бұрын
Correction: Gold price right now on SD Bullion site is $2,518.32.....look and see. It closed at that price Friday. WoW.
@ananda_miaoyin3 ай бұрын
2650 since you made that comment!
@xbgj30032 ай бұрын
Irrelivent as the gold standard was removed from the USD. Process started in 1930 and was finalized by 1970s
@morisetconstructionelectri79324 ай бұрын
The current unemployment rate has been fictitious for decades. They use a mathematical equation based on corporate payroll events in order to come to this magical mythical number they call unemployment. We used to actually source the information from the field with paid government employees who would routinely query cities and towns for their real actual unemployment, employment status. That stopped in the early '80s and we went to a mathematical calculation that is basically heaps of crap and lies.
@15751Chris5 ай бұрын
Im about to spend 20$ on toilet paper. 20$ to wipe my own ass.
@Boozeblues5 ай бұрын
Use your hand and wash it in the sink. Gets you cleaner
@toycarpgmr5 ай бұрын
Get a handheld bidet attached to your toilet. Only a little toilet paper is required to dry off.
@I_Died_2_Weeks_Ago5 ай бұрын
Bidet from Amazon is my favorite house appliance 🚿
@reginafisher99195 ай бұрын
That's why I bought a bidet in 2020!!! I've cut my toilet paper usage down by 75% because of this! A bidet washes your hiney and dry is it off
@oscargrainger29624 ай бұрын
One sheet to wipe and one sheet to polish is my toiletry philosophy.😅
@johnderfler51835 ай бұрын
My grandfather didn't lose his job during the great depression, worked for the Pennsylvania Rail Road, in fact he bought a car during the depression. My dad told me we were lucky your grand dad kept his job.
@kilogramco12894 ай бұрын
I've been saying this for a year. We're DEFINITELY in a depression
@cptsquish4 ай бұрын
Covid was an opportunity for Americans to wake up, buckle down , prioritize what really matters, get out of debt, streamline, make positive changes……but we didn’t.
@JacobPaul-n6p5 ай бұрын
Coming out of facing alot, I knew two things about the stock market: It caused the Great Depression, and the fastest way to make a million on the markets was to start with two million. And then the Great Recession happened only a few years later. So yeah, I wish someone had better explained it to me earlier in life. Having a good entry and exit strategy will make you succeed in the stock market.
@Theodorebarba5 ай бұрын
There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.
@Lewistonwilliams-f5i5 ай бұрын
I really acknowledge your comment, i have been trading stocks for a while now but i have not been able to make much. how do you achieve this feat?
@Miakate-f3l5 ай бұрын
Thank you for sharing, I must say, Jessica appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call.
@3Torts5 ай бұрын
lol
@30jenniferg5 ай бұрын
They take all our money & give it to other countries. Also give it out for assistance. I understand people need help but there should be a time limit, especially if you are young able to work .
@alicruz49005 ай бұрын
Agreed. I know people who have made welfare a lifestyle and work off the books. It’s very unfair and ab*sive
@trinidad1115 ай бұрын
While assistance we give to our own is taken advantage of greatly, if you knew how they waste 90% of total money you wouldn’t even care about welfare leaches
@duchesseebene12735 ай бұрын
You think all the American military bases abroad, and American companies profiting from political unrest in developing countries, should be at no cost to the American citizens?!! Diamonds, gold, copper, cobalt, tin, tantalum and lithium in the DR Congo, coca in Colombia, opium in Afghanistan, petroleum in Iraq, etc. The empire is turning on itself now that it has reached peak capitalism and the present-day colonies are fighting back.
@tho4645 ай бұрын
Good thing you won’t need assistance when you get old.
@itechfive2405 ай бұрын
DEI and equity gone global
@thegreatfallingaway5 ай бұрын
From the first dollar ever printed and borrowed into circulation, the debt couldn't be paid. The first dollar ever borrowed into existence couldn't be paid back because the money to pay the interest didn't exist. The system was designed to fail. Savvy?
@dixiebell70115 ай бұрын
They didn't have social security, food stamps, WIC, or unemployment or subsidized housing. I also believe politicians were less corrupt. Drain the swamp. Also, this feeling of entitlement needs to end. Yes, you are right about credit cards and social media are contributing. Plan for the worst Hope for the best Don't worry about the rest
@michaelwillis58145 ай бұрын
@@dixiebell7011 facts
@cathyann68355 ай бұрын
I came here to say that. People today get more help than back then with all these government programs. Plus we have food banks, soup kitchens, free school breakfast and lunches, Salvation Army food programs etc. I’m not saying people aren’t struggling, but we haven’t quite hit the Great Depression yet. People aren’t sewing flour sacks for dresses or wearing the same clothes every day (unless you’re homeless for the same outfit statement). These handouts are also paid by our tax dollars, leaving the working class with more taxes.
@Rusty19725 ай бұрын
Exactly
@JaceFalcon5 ай бұрын
Before ss old retirees with broken bodies just died... nice.
@cathyann68355 ай бұрын
@@JaceFalcon no, usually they lived with their family until they died.
@SarahEmelia-d4q3 ай бұрын
I think it is important to compare not only income and prices, but also our lifestyles to the great depression: We eat out more, and cook less. When we do cook, it often isn't from scratch. What people do cook, we often waste. We aren't using food from a garden or eggs from chickens. We aren't raising our own meat, baking our own bread. We no longer sew our own clothes, and most Americans have more clothes than they know what to do with. Stores are filled with fast fashion, cheap plastic crap that breaks or rips, and is poor quality. We toss rather than repurpose. There are no longer shops on the corner that will fix the soles of our favorite leather shoes, and instead people own over 20 pairs. Our kids are in activities, or childcare, because most women work to afford the consumerism. We take vacations, send kids to summer camps. Most people were tracked into college, and therefore have student loans. Our houses are huge. Each child has a bedroom. Usually there are several bathrooms and even living rooms in a home. We finance fancy cell phones, computers, watches, service for all the gadgets, streaming services, data, storage. Families have multiple cars, usually ridiculously financed. Both sets of my grandparents lived through the depression. My mother was one of eight, and they slept with several kids in a bed. The family owned one car. My grandmother would make meatloaf often when I was a kid. She would use a little meat that was left, make the stale heals of bread into breadcrumbs and rinse out the bottom of the condiment bottles-mayo, mustard, BBQ sauce, ketchup. She threw in anything left in the fridge. She knew how to stretch food. My other grandmother would tear a napkin in half to share it. I understand some of this was out of necessity because they didn't have enough, but people also already lived frugally during that time and had skills and family dynamics to do so. We really are wrapped up in consumerism. It is difficult to blame our struggles on a recession or depression when we are choosing to live this way.
@robbro35894 ай бұрын
Remember whatever the employment rate is today, it will be "unexpectedly " revised up when no one is looking.
@mutmanns5 ай бұрын
I don't really comment much on youtube videos but I like the "reaction" style format you have moved to. Entertaining but also informative. Nothing wrong with switching things up to keep it fresh. Nice job.
@Silvercontained4 ай бұрын
Everyone can Blame the federal Reserve for this. Not Biden, Trump, Obama, Bush .
@TheWolfeDen4 ай бұрын
Right. The issue is bigger than both parties. The biggest con is getting people to think that Democrats and Republicans aren't on the same team.
@NeonDisciple4 ай бұрын
Friendly reminder that the federal reserve isn't federal and it's not a reserve
@EmilyGloeggler79843 ай бұрын
@@TheWolfeDenAmen.
@BetterDaySilverCloud4 ай бұрын
As a former employee on the Hill, the economy has been eviscerated for quite a while now. This isn’t just happening. The main problem is all the tricks to cover over has been used up. I told friends and family, the 2008 crisis was effectively the end of the economy
@KathleenCernetich5 ай бұрын
Get this straight we are not heading toward a recession we are now presently in it
@larkatmic5 ай бұрын
You also forgot to mention. Before WWIi most Americans followed a spiritual guide. They were avid church goers and believed in a higher power over themselves. There was a collective idea of what was right and wrong. People lived by standards of dress and public behavior. The opposite is happening today. In fact it’s accelerated in the last 15 years. We now have a majority of the populace who only live at the altar of themselves. We no longer have common standards. If a war comes. There will be little who will defend our once great country. We’ve lost our way and stand for nothing but group identities, the ego and false truths. We told god to leave the room. What did you think was going to happen? What a shame.
@philipdefrancisco75405 ай бұрын
Today people hide behind God in order to hate the poor. They changed God's message to where it drives people away from the church. But they are in church every Sunday before hating people different from them the rest of the week. Show me how this is not true.
@tmm2265 ай бұрын
You are correct, I see this every day, we are in the time of the careless slob..😢
@g.i.41445 ай бұрын
You are so on the money. I’ve been saying this to myself for years. The people of this nation turned their backs on God en masse, and unfortunately it has become a modern day cesspool of immorality and pride. Money is the god of this country. It would behoove us to remember that blessed is the nation whose God is the Lord.
@sailingaeolus4 ай бұрын
Nice comment, friend.
@lucario2able4 ай бұрын
@@g.i.4144it's always been about money.... your God allows these things to happen and does nothing. Why do you guys never give your God credit for the bad that happens on his watch but ony glorify him when things get better or go right?
@Ashley-cb9th4 ай бұрын
The woman who is literally taking care of people who often die is probably a nurse or something in that scope so for someone to tell her “well you shouldn’t have chosen that job” is INSANE because that is basically THE best paying job and greatest job you’re gonna get today and people WANT you to go into!!!!!!
@kyleh35405 ай бұрын
My daughter was laid off today from 1 of her 3 jobs. It's an organic farm. Harvest is not good enough to keep employees. Unfortunately, in our state, no unemployment from farm labor job.
@brianwt14 ай бұрын
Well at least she has two other jobs but then again she shouldn’t have needed to have 3 jobs in the first place. We should be able to live comfortably on one job.
@scratchforge70414 ай бұрын
Let’s all remember 90% of vehicles aren’t owned. All the new vehicles on the road are payment plans. Most can really only afford to outright own the 90s 2000s cars. Plus all the 30 year mortgages that are all the speculative value our economy is hoisted on.
@outtheredude5 ай бұрын
The interesting thing about the unemployment rate in America, is because Welfare is only for a limited time period rather than indefinitely in many states, it means that more often than not, people falling out of Welfare are no longer counted in the unemployment statistics, so the unemployment rate falls. So when the unemployment rate spikes, it's actually more a measure of the rate at which people are becoming unemployed than the unemployment rate as a whole.
@redickulousness4 ай бұрын
Me watching this video while trying to survive off of a 20k salary 💀
@MultiPhonegeek5 ай бұрын
This channel keeps me motivated to get my last debt my mortgage paid off, just bought your ultimate money tracker trying to learn to use it, thanks for the great content!
@rogermendez72665 ай бұрын
Im saving to barely get started on it. Full wire is my life goes well.
@Screlz5 ай бұрын
Fees! I've noticed this. Going on a cruise with my wife. To park at the cruise terminal if we pay at the lot, it's plus tax. If you pay online, it's an "online fee". Im out of state so they wouldn't make me pay the state tax if I'm outside the state, but they will charge me an online pay fee. Im 40. I've been using the internet since the early 90s. I remember online fee not being a thing.
@fatcat58174 ай бұрын
During theOG Depression 40-45% of us were self sufficient. Now it's estimated only 5% of us are.
@wulfsorenson885919 күн бұрын
They also didn’t flood the country with cheap migrant labour, H1B’s and offshore entire industries and millions of jobs back in the Great Depression. Housing and rents were also cheap in the 1930s.
@s3renity2743 ай бұрын
It’s not the same as the great depression. The market isn’t crashing. It’s just everything is too expensive to invest in.
@dinowarrior21675 ай бұрын
Forgot that FDR made it illegal to own $20 gold pieces, that is why it is illegal to own a 1933 $20 double eagle gold coin.
@helenkessler60124 ай бұрын
Rescinded in the late 70s
@reginafisher99195 ай бұрын
My family has been poor all my life, so not much is going to change, I was brought up poor I don't mind it because I've never known any different!!
@TALONZ4203 ай бұрын
Never accept being poor. Always strive to break the cycle. No matter the challenge.
@parisdevine85535 ай бұрын
In Queensland if your caught sleeping in your car it’s $ 800 fine . Let’s have a olympics again Australia while we re forced to sleep in our cars after working 6 days a week. Fml
@PrincessDie1873 ай бұрын
I'm from Queensland too and I didn't know that, that's FUCKED.
@HP668563 ай бұрын
Queenslander here - had to sleep in my car the other night. I never knew this.
@paulwilson11935 ай бұрын
My company's profits have dropped while expenses are going up. It's depressing because its hard to see anything profit wise to look forward to. It's like a slow death of my American dream.
@bonfireblessings4 ай бұрын
America is in a depression. Why won't anyone just say so! 🤨
@dick-vn3yv4 ай бұрын
It' a Presidential election year !
@XMG35 ай бұрын
here in Vancouver BC Canada, we have the same annual income, but housing is $800k for a townhouse / condo. Detached house cost 2+ mil average... And our tax rate is doubled to that of USA. People here are flocking to the states like an exodus.
@kingjoseph59015 ай бұрын
Lol they're gonna be F'd here too
@jeremylandis825 ай бұрын
But you’ve got free health care! 😂
@XMG35 ай бұрын
@@jeremylandis82 let me give you an example of our free health care, I once fell during a hike, torn my knee down to the bones, went to the hospital and waited 12 hours to be seen. The infection spread all over while I waited. This is the free health care we have in canada
@HelloMyNameIsShun15 ай бұрын
Your politicians sold their souls to China, just like ours did to Saudi Arabia.
@bradleypollack56585 ай бұрын
@@XMG3 you have to wait that long with the greed based system too.
@rogermendez72665 ай бұрын
I've been saving and home cooking more than I even been. I'm 31. Shits expensive af. Hoping the economy gets better. Covid is surging in states now.
@kingjoseph59015 ай бұрын
When Kamala gets in we're screwed
@lifebeyondthesalary24585 ай бұрын
Monkeypox is surging. They gotta come up with better names of these crazy things.
@brens70945 ай бұрын
Do not vote Democrat. They get in again America will fall
@blessedmamags77965 ай бұрын
Covid is spreading rapidly in Houston TX 😢
@Michaelfatman-xo7gv5 ай бұрын
Maybe Covid is surging. The news tells us things, never sure if is real anymore.
@sourwes00015 ай бұрын
That Hulk Hogan had me rolling on the floor 😂 Cheers brother!
@Joce1235 ай бұрын
My son recently awith Hulk Hogan in Florida at a car dealership
@tmm2265 ай бұрын
The higher the prices go, the more we are buying, only time in my history when the public continues to spend with NO hesitation as the costs for just about everything rise, rise, and rise...
@MTEmployment5 ай бұрын
A couple things that guild guy did not check was the amount of federal income tax during the Great Depression, which continued to rise, which actually amplified the impact of the great depression. When 1/4 of the population was unemployed in 1934 those that had jobs. It wasn’t so bad for those folks, but for those that are unemployed obviously, it was very, very hard time.
@Cormac-y6r4 ай бұрын
The solution is already waiting for us… that’s why we’re being pushed to “the brink”. New system… digital etc
@redpillscholar5605 ай бұрын
Years into the future they'll talk about how today in the United States we were well into a second Great Depression magnitudes greater than the first, but still wondering whether a mild recession or even a "soft landing" was in the cards. We are indeed the Empire of Lies...
@theoneandonlybridge42104 ай бұрын
It really irritates me when people who grew up in a decent economy try to dismiss what i say about the economy today. I am told by literally every realtor that i cant afford a $500 mortgage despite the fact i pay $1034 a month for a 1 bedroom before any other bills. When i talk about this, im told i need to "stop wasting money" despite the fact that im basically spending all of it on my rent and bills and the tiny bit of food i can afford (and everyone is noticing how skinny i am getting). Im literally having to starve myself just to barely survive. I cant even afford to go to college or even move out of my apartment, becayse every other place wants first and last month rent plus the ungodly amount they want for security deposits (that i have literaly never seen anyone ever get back in MI), and its literally impossible to save that much when i gotta burn thru my savings to pay a late bill or work on a small problem with my car (which costs an arm and a leg to fix in MI). Im tired of this shit. Im tired, im hungry, and im pissed off about getting literally nothing for busting my ass off.
@logancontracier71254 ай бұрын
Love how dude is like “prepare yourself” my guy, how tf am I gonna prepare myself with 60k a year and over 100k in debt. Debt for my duplex, and cars. Where am I pulling this money from?
@jjbuckner4 ай бұрын
Start budgeting, decrease spending and increase income through side hustles.
@dick-vn3yv4 ай бұрын
How did you get 100k in debt "buying" a duplex and cars and what was your plan in paying it off with compounding interest ? Did you do a budget first BEFORE borrowing the money, my guess is no.
@ponolovefarms39265 ай бұрын
The price of gold has gone from 32$ an ounce in 1933 to over $2400 today. That’s a 75x. In 1932 it was just $20 an ounce. Things that make ya go hmmm
@fullclipaudio5 ай бұрын
Gold was $34 an ounce right up to 1971. That is the year the US defaulted on its debts.
@shanejones5785 ай бұрын
20 dollars an ounce 1792-1943. 35 til 71.
@justSTUMBLEDupon5 ай бұрын
5:55 I was earning 100k and doing fine, now I’m earning 130k and I’m doing worst. But I made an extra 30k, what happened? Half went to taxes, and the rest to inflation.
@stevearnold82655 ай бұрын
No one ever talks about a step-by-step way to say something to the government about everything. Step-by-step what do you want us to do? We want change, what do we do?
@lucario2able4 ай бұрын
Exactly. It's all to clear that wither our elected officials aren't telling us everything or they're just allowed to be there, unchecked, doing whatever they want. They make a bunch of money while their citizens get shafted. It's getting old much like far too many of those officials.
@susansauceda98794 ай бұрын
Oh, and look up "the people's panel" by Richard Younger.
@Laure__LineАй бұрын
Credit card debt is not caused only by groceries costing more. Tons of people have credit card debt because they want to live the influencer highlife.
@Eli-jw8mx4 ай бұрын
Let’s also consider how much we we as Americans need to unite we need to fight against over taxation and over inflation with everything! Groceries, rent, cars, homes, we need to seriously figure out a way to unite and actually do something.