U.S. Economy Is Heading For BANKRUPTCY

The U.S. economy is heading for a disaster! Out of control deficit spending typically indicates a recession.
#useconomy #usrecession #housingmarket
Todd Sachs is a Maryland Real Estate Broker and not a Lender, CPA, Attorney, or Financial Advisor.
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[@CliveBirse]

The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.

[@mikegarvey17]

People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.

[@Susanhartman.]

Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire..

[@NickRBellas]

I've been in touch with a financial advisor ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.

[@KristinPMosher]

@@NickRBellasHow can I reach this person?

[@NickRBellas]

*Gertrude Margaret Quinto* maintains an online presence. Just make a simple search for her name online.

[@mikemcglauflin8985]

Government sold us all out. This is now Rome in 410 AD.

[@buy.to.let.britain]

since you let them get away with 911

[@mikemcglauflin8985]

​@@buy.to.let.britainwho would you say is "them"?

[@buy.to.let.britain]

@@mikemcglauflin8985 george bush

[@billya3628]

Government is enslavement, always has been, always will be.

[@jonathansullivan3089]

@@mikemcglauflin8985 the CIA et al, the same folks that offed Kennedy and blew up Oklahoma

[@Nigriff]

We The People are pissed.

[@nextjin]

And?

[@user-ed9so2rb4k]

But what you all gonna do?

[@user-pc5gt1fm4v]

High interest rate High inflation Low earnings Spiking delinquency All spell Recession

[@raymond_rnt]

You spelled Depression wrong

[@giannagiavelli5098]

This is not my interest rate this is a normal average interest rate the high interest rates are coming it's going to hit 12 to 15% in a year or two

[@Tacman556]

It’s called stagflation…

[@raymond_rnt]

@@giannagiavelli5098 yeah, I see 12-18 in the next couple years. That's why I'm going ahead and buying now and getting out of where I am while I can

[@Wis-husker]

All planned..

[@yvechapman9342]

Back in 2020 there was a fairly wealthy local guy who was a regular at my gas station. One day he told me if there's any way to get out of the United States and still support myself, I should. I kind of giggled and shrugged it off but he went on to explain how the United States was headed for collapse in the next few years and that he was investing in a sailboat and putting his money in various foreign banks so he could bug out. One day shortly after that he left town and never came back. Fast forward to now and we're deciding between Africa and South America. What a world.

[@silky2204]

I hear about the boat living from professionals. They are skipping out.

[@user-uo7fw5bo1o]

Between Zimbabwe and Venezuela, specifically. ☹️

[@MK-ft3qt]

The people are already in a depression and we know it.😮

[@mikemcglauflin8985]

De-pop. Gov sponsored.

[@MK-ft3qt]

@@marklampo8164 Whatever happens, no one asked to accept what will be shoved down our throats...you'll have no choice; However, there's a tiny chance people will not comply.

[@Hdc2390]

​@@marklampo8164 depression

[@Hdc2390]

​@@MK-ft3qtthey need not to comply look at what they did with COVID

[@MK-ft3qt]

@@Hdc2390 All the world is a stage.

[@michaelcostin2384]

All this is going to hit the wall. It's not sustainable and the debt is spiraling out of control. Inflation will crush this economy more and we don't have a booming economy, but strong inflation. People are at the point they can't take on more debt and the banks are cutting back. All thanks to the Federal Reserve geniuses of leaving interest rates so low, for such a long time.. The dollars days are going bye-bye.

[@TheBLACKboard65]

Everything is going according to plan. It makes me distrustful of "experts" who don't seem to understand this.

[@billya3628]

Exactly.

[@lalibel5310]

Sitting there with poker faces on pretending to be clueless of the plan.

[@republicunited2183]

Global Reset. Turn ppl against ea other, create division, attack and remove beliefs, destroy family unit, disarm, force ppl to live in inner cities, etc. control and communism.

[@peacefamily212]

Trust no body and I mean no body!

[@gioiapharo7433]

The problem with that plan ….. this pattern has happened again and again in history …… the unforeseen consequences to the haves of power forget that they too are effected ……. power loses power - rich lose wealth- families are destroyed ……Even Dr Evil is destroyed …….. the reset is never what they planed

[@janeburgold1629]

I love this channel because it is way more than real estate and is very educational. Thank you Todd for all you do!

[@woobakhai864]

Blinking Blinking Blinking 😂😂😂 Blinken brought a scissors ✂️ to Cut five shiitake mushrooms 🍄 😋 7 pcs Easy Ways To Learn Physics The foundation of science as a discipline is physics. If you succeed in this topic, you're in for some thrilling moments as you reach higher standards of academic success every day! The 7 Mantras Are As Follows: 1. It Is Important To Master the Fundamentals Mastering the fundamental theories is one of the simplest methods to understand physics. Understanding the fundamental laws will aid you in later, more sophisticated stages, when tackling complicated situations. Create a mind map using graphics that provides a summary of all the concepts and connects them to the challenging issues. 2. Simplifying Is a Key Rule Physics is a challenging subject to learn by heart, but after being simplified, it becomes one of the most engaging and high-scoring courses. 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The number of rotations made by the wheel in this 5 s interval is: Ans - 50/π 2. Distance Distance (d) = Speed (s) * Time (t) Q. Suppose a dog runs from one end of the street to another end of the street and the street is 80.0 meters across. Moreover, it takes 16.0 seconds to cross to reach the end of the street. Now, calculate the speed of the dog? Ans - Speed = distance/time Speed = dt Speed = 80.0m/16.0s = 5.0 m/sec 3. Potential Energy PE= mgh ● Where PE is Potential energy ● m is the mass of the body ● h is the height at which the body is placed above the ground ● g is the acceleration due to gravity Q. State the changes in energy types when a ball is thrown upward. Ans - When a ball is at ground level, the potential energy is zero. When it is thrown upward, it moves due to kinetic energy present in the ball by virtue of its motion. As it reaches its maximum height, the kinetic energy is converted to potential energy. 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Linear momentum Linear momentum = mass * velocity P = m * v Q. Determine the linear momentum of a moving body whose mass is 10 kg and speed is 30ms^−1 Ans - 300 kgms^−1 14. Force Force = mass * acceleration F = ma Q. A constant force acting on a body of mass 3.0 kg changes its speed from 2.0 m/s to 3.5m/s in 25 s. The direction of the motion of the body does not changes. What is the magnitude and what is the direction of the force? Ans - F = 0.18 N. Since the application of the force does not change the direction of the body, the net force acting on the body goes in the direction of its motion. 15. Work Done Work (W) = force (F) * Displacement (d) Q. Compute the work done if 10 N of force acts on the body showing the displacement of 2m in the direction of the force. Ans - 20 joules. ‍ Secure Your Child’s Future: Enroll Today! Explore Our Campus and Get a Head Start ‍ Conclusion Physics is a branch of natural science that focuses on the study of matter, including its fundamental components, motion, and behaviour in both space and time, as well as the associated concepts of energy and force. By reading this blog, you can well understand the importance of physics in our day-to-day life. If you are in high school in pune then the above list of physics formulas will always be helpful for you in the long run. Mother With sheer determination, hardwork and a meticulous approach towards work, I, Yashika Harchandani, have successfully completed 10 years in the field of education. Well planning, efficient preparation and constant practice have helped boost my level of confidence. I have the potential of delivering meaningful and interesting lessons using innovative teaching strategies and methodologies. 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[@techgaming-on4wg]

I agree because i see peoples especially on KZbin shorts that they blame everything

[@edgiles7648]

Bailouts don’t work bcz the people that caused the problems don’t suffer any consequences. They don’t learn and change. Bankers won’t change unless they have to pay the price and they witness their colleagues leaping from windows. Unfortunately for us, the bankers and politicians are in the same club…and we’re not in it.

[@ben8405]

Why are we buying on credit? Got to thrift stores. Go, to get free giveaways. Go to get bargain buys. Do not pay interest! It will destroy you. Pay cash or learn to do without!

[@ben8405]

INTEREST REALLY SUCKS!!!! Banks suck!

[@CoreyRoberto3244]

I really appreciate the dedication in each video you post. To be successful in stock markets, crypto and in this current Economy, traders should understand the crossover between asset classes & liquidity flow. Ann Elizabeth Messer focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch.

[@GeorgeJustice-dt3fz5564]

I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

[@Saveasoul001]

You trade with Elizabeth Messer too? Wow that woman has been a blessing to me and my family.

[@AnDungMason]

Please let me know how to contact her as I'm new to this.

[@Philip-qs6gq]

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

[@CoreyRoberto3244]

she's mostly on Telegrams, with the user name.

[@shannondavis5728]

Something stinks to high heaven with these lease rates & home prices.Its homes that need to be demolished that have a price tag to make people do a triple take!!!Also the price per square foot ft that sellers & investors are asking is ridiculously inflated in most markets!!!!!

[@mikemcglauflin8985]

Nailed it.

[@mikemcglauflin8985]

When CCP pulls out of the US property market prices will be cut in half.

[@mambowellness4855]

Government intervention by stimulus has been the problem since the great depression. Coolidge let the economy run it's course. Letting a bad business fail

[@shanejones578]

Andrew Jackson is turning in his grave…

[@gh-dw3tg]

100% agree

[@natalieoj3078]

Right and those govt bail outs need to end

[@ryanwhitley9789]

Can't do that now. Too anti juish. Chosenites loosing any shekels is not allowed. Communism is juuda ism ✡

[@buy.to.let.britain]

no free markets since 1913

[@tonypadilla565]

I remember selling bank-owned homes in 2010 and it was tough the banks were literally giving the homes away and buyers still negotiated closing costs and lower sales prices. Buyers didn't have the income and we didn't have inflation. Back then a buyer with a 20% down payment was a strong buyer seems like everyone is forgetting what was supposed to happen in 2019. If California unemployment continues to rise like it did in 2008 things can be very interesting.

[@mikemcglauflin8985]

Bought in May of '09. Still struggling to keep it. Employers are gone.

[@tonypadilla565]

@@mikemcglauflin8985 my mom got laid off in 2018 and my pops in 2023. Trust me I understand and see what's happening it's a set up from the feds and the bankers

[@hisham63polaris17]

Most of individuals are filling bankruptcy

[@michaelcostin2384]

Absolutely. My friend runs a credit repair, credit debt consolidation business and since 2023 until now, he's never been so busy. He shares with me the debts that people took on and more people easily with over $125k in credit debits. That's not including lease cars over $1000 per month and high house payments. I'm sorry, the system is going can't manage all these loses. All these idiot inventors hoping for rate cuts, STOP, it's NOT happening. Fed lost that battle.

[@silky2204]

Really?

[@tubewayarmy2]

Two people discussing a problem, not trying to prove how clever they are. Like a breath of fresh air.👍

[@pinangsungai2116]

It's greed. Who is benefit from the the over 800 billion budget for the military.

[@silky2204]

With the worldwide military threats anything can happen.

[@user-uo7fw5bo1o]

The Military Industrial Complex!

[@techgaming-on4wg]

​@@user-uo7fw5bo1oand a business that should be handled with care

[@darrinrivers6293]

I read Anne Rand s Atlas Shrugged as a child. I've always considered that book fiction. Im rethinking my perspective. Love this.

[@RobWilliams007]

I totally agree with him. I am in CA and was trying to sell my house in 2006 - 5 bedroom 3 bathroom house in a good neighborhood and was built in ‘99. And it wasn’t selling - had two offers and both fell out. A lot of people couldn’t understand why we couldn’t sell as it was such a nice house and priced well. I knew something was up. I then had a friend who was investing in real estate and was buying a new built rental a few miles from me and I told him not to because something wasn’t right with the market. He bought it. Later, he lost 5 properties.

[@kevinschlosberg7124]

We could sell the state of California to the Saudis and reduce our national deficit….

[@sonnywaters4149]

Any idea @kevin how much California contributes to the national coffers compared to the pauper Republican states like Mississippi, Louisiana, Arkansa, Kansas etc.? No comparison, our $$ flow to your districts, not the other way around. Grow up.

[@christinadaly7743]

Half of Mexico lives there , Saudis vs Mexicans ?

[@BigHoTzMuZik]

🤦🏾‍♂️😂😂

[@1969bones69]

Give it to the Chinese. You see how fast that place cleaned up with Xi's visit?

[@sandblast5636]

you are a GENIUS

[@user-vb8yf8be3l]

What went wrong It is gov the american people cannot afford teachers ,schools, medical, taxes or gov

[@Hdc2390]

The ongoing pandemic

[@CryptoHuncho]

Don't forget about police officers,doctors and nurses nobody wants to be any of those things anymore

[@user-vb8yf8be3l]

@@CryptoHuncho They want the huge pay and benefits

[@CryptoHuncho]

@@user-vb8yf8be3l America is done ain't none those careers paying shit no more its gonna get ugly the next 10 to 20 years gen z too lazy😂😂💯

[@silky2204]

Devaluation of the dollar.

[@venturabushcraft5916]

Debt is not the American dream. The American dream is financial freedom and security. Take back your country by seriously fixing your finances and staying out of debt! Take back your homes, take back your lands, take back your country.

[@iamsoogi]

easier said than done honey!

[@rusnahjohare8931]

The results of having too much wars on other countries, trillions spent on unnecessary wars ...so the result is the collapsed of internal economy.

[@venturabushcraft5916]

@@iamsoogi Nothing worth having ever is easy. God bless you friend.

[@silky2204]

@@venturabushcraft5916 The Deep State is working against the middle class. They wnt thhe 99% dead.

[@gokarengo]

We have a 2nd amendment that states if unelected tyrannical globalists try to overtake Americans using power we have the right😊s to defend ourselves because this danger always exists

[@aaronsullivan1628]

This world has no future. You first need to come to terms with that reality. And then … there’s more.

[@user-xc7iq4cm8t]

Like the bailout money going to banks executives??

[@Nigriff]

Put your faith in God

[@jonathansullivan3089]

even so, come Lord Jesus.

[@user-cp7zk9ll3n]

Having taught economics and statistics in college in the 80’s I agree money supply is critical to understanding the economy. Tax rates.. interest rates.. deposit requirements etc all have effects on money supply to exponential degrees. The asset bubble has been huge and like all bubbles will burst. The national debt interest will consume 50% of the federal budget shortly.. absolutely insane and criminal political mismanagement in my view.

[@silky2204]

The Deep State has no mercy.

[@JohnDaniels]

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless." - Thomas Jefferson

[@jjmcwill1881]

He was right.

[@SK-fp4ed]

It was the government that went from the gold standard to printing paper money. It is the federal reserve that controls printing money.

[@JohnDaniels]

@@SK-fp4edI don't know what the answer is, it seems like even if we have good laws put in place they can be easily changed by the next administration and Congress.

[@opaca512]

Greed. Greed got us in this mess, greed will keep us here.

[@paulb9156]

Yep. Rinse and repeat.

[@paulmessenger9836]

Greed is good greed is right

[@silky2204]

Speak for yourself. The Deep State is at work.

[@sponkmcdonk3898]

Every 10 years like clockwork. They make money on the way up and down.

[@lavoisier2815]

This Contrive System is just coming apart. A PHD doesn't make you smart. Smart is what you do that's smart Obviously. We will never have a Thriving Economy until we Decentralize our way of thinking. This Oligarchy System can't Sustain itself.

[@shanejones578]

This is fuedalism.

[@keytolifestyle-]

Issue is that UNESCO delivers INDOCTRINATION TO THE WHOLE WORLD. If you see The Liberty Sentinel or The New American Magazine by Alex Newman, he knows everything that has to do with education, Geopolitics & the state of this Country.

[@paulmessenger9836]

You mean socialism

[@lavoisier2815]

@@paulmessenger9836 Not Socialism but a more all inclusive form of government some of it may involve some form of Socialism. When we Bail out Banks isn't that a form of Socialism or Welfare? China is in the Process of Decentralizing there Government and they are one of the fastest growing economies right now. We have a Oligarchy system where a Small group of People Control Everything.its not a Democracy.

[@user-uo7fw5bo1o]

Oligarchical corporate welfare eventually has to fail, and fail spectacularly.

[@eyeinsee]

America has a bad habit of lowering the bar for stupid people and i think it will be our unraveling.

[@dawnpetitt8162]

Thank you Todd. Great guest interview.

[@gregspeth7910]

750 military bases in 80 countries 😂. $800,000 billion a year . Big problem

[@ourownbeautiful423]

He said inflation hasn’t showed up. I just realized that I’m like everyone else, one check away. The depression is what I’m looking out for now.

[@toddlavigne6441]

If this guest said that then he proved himself to be out of touch

[@silky2204]

Think against the recession. My dowser does not indicate a recession.

[@rineleff2009]

The government currently lacks concrete strategies to address inflation. Inflationary pressures are impacting various sectors, including stocks, housing, and commodities, causing their prices to rise. It is not advisable to keep your money idle and wait for a market crash. Instead, it is prudent to put your money to work by starting with cautious investments and gradually increasing your pace as prices decline further. Withdrawing a significant amount of money, exceeding $500K, from my account at this time presents a challenging decision.

[@user-fb2hk7vu3q]

In my opinion there are certain investors who are still managing to generate substantial returns despite the unfavorable market conditions. Achieving similar results requires skill and expertise.

[@KarenLynnOlsen]

With the current market trend I stopped listening and taking financial advise from these KZbinrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, In reality, all I needed was professional advice.

[@SarahHurtWilson]

Interesting, I’ve actually been looking into getting one, lately the news I've been seeing in the market hasn't been so encouraging. If you don't mind me asking who's the person guiding you?

[@KarenLynnOlsen]

She goes by ‘Wendy Birkett” I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

[@SarahHurtWilson]

Honestly I appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Wendy Birkett up and send her a message. You've truly motivated me. God's blessings on you.

[@countrysister700]

Let's say I put my teenage son in charge of Thanksgiving dinner. I come home to find the house on fire. "I have grandma's old dressing recipe but I wanted more dressing than your old casserole held so I poured it onto cookie sheets and baked at 500 degrees." Our leaders in government and commerce think they can change all the boundaries and break all the rules but get the same results.

[@deancapinegro4575]

The government is the largest employer under Joe- not small business. Look at the CPI for the last three years

[@Nigriff]

Dems want us all dependent on government

[@silky2204]

I cannot get a govt job.

[@raymond_rnt]

Man, everybody I watch posting right now! Let's go Todd, thank you for the informative, as always!

[@matrices3987]

I contacted about 15 "realtors", every single one of them was either nonresponsive, could not or would not give me basic info about a rental or would not tell me how much rent would be etc. I looked at only one condo in person. Everything in it was of terrible quality and it had a joke for a kitchen. Bloggers whitewash this behavior as "the Philippines is different".

[@Youknowwhatscoming]

Really liked this episode after so many hopeless guests. It’s not doom and gloom but acknowledging that there are a lot of problems in the economy and we need to be cautious

[@dawhike]

I had an Ivy League educated Russian history H.S. teacher, that quoted K. Marx, who said that Capitalism "Breeds" the Seeds of it's own destruction. I never forgot that.

[@Wis-husker]

Capitalism would work if the corruption was removed and laws were enforced.

[@shanejones578]

It sure does. Sound money kept it honest, but it would’ve happened at some point just taken way longer.

[@shanejones578]

When the money turned fake; anything was possible.

[@marblox9300]

It's absolutely true. Capitalism needs constant government interference to keep it from collapsing.

[@Resmith18SR]

Capitalism incentivizes human greed which is infinite and this is what's happening in the U.S. It creates huge income and asset inequality that becomes intolerable over time. It's becoming intolerable right now.

[@robertbender73]

Being in mortgage banking industry for 40 years, if economy faulters and Fed has to drop rates quickly, the housing market will be flooded with the rush to either get out or dump and move up.

[@silky2204]

O.K.

[@jmg8246]

Not when no one is buying our treasury bonds. Only thing Fed can do is rising the rate to dump the treasury bonds...

[@divinediva6320]

We can take the vacant mall and turn it into housing!!!!

[@eyeinsee]

No cinnabon no deal

[@Hdc2390]

I read they'll close public schools to make the buildings public housing.

[@silky2204]

Not me.

[@user-uo7fw5bo1o]

Victor Gruen was the first to envision the mall, and he envisioned it as a town centre where offices, medical, schools, government buildings and services, and dense housing were all within walking distance despite parking lots. If you add all these things or even one or two of them (housing or offices are key) a struggling mall can recover. Vacant malls might be more difficult.

[@rudycammorata3502]

Its about time ! how can you classify workers as 1099 when they don't have a single write-off ...you don't have any write-offs AND YOU GET STUCK WITH FULL BOAT TAX LIABILITY ( THE POOR SCHLEP THAT NEEDS A JOB GOES ALONG WITH IT) while the employer writes off EVERYTHING. ( a construction worker, roofer shows up at everyday for the same employer HE'S AN EMPLOYEE !!...although I guess he can write off his hammer. tell your foreman you have to leave and finish up another roofing job and you will be back tomorrow..if your a legit 1099 that's what you would be able to do . IF YOU HAVE A COMPANY AND CAN'T AFFORD AN "EMPLOYEE" THEN MAYBE YOU DON'T HAVE A COMPANY

[@duanemcdonald6960]

I don't think enough people understand the situation. Both employers and employees. And this it's become a massive small business and employment pitfall. Should require a legal disclosure for contractors.

[@rudycammorata3502]

​@@duanemcdonald6960you can have a disclosure a foot thick the IRS doesn't care what is signed the IRS spells it out clearly with a simple test and that will stand.

[@duanemcdonald6960]

@@rudycammorata3502 not for the IRS, for the unfortunate people getting taken advantage of. Sure they have vaguely defined a test of contractor vs employee. But look at what is actually happening as well

[@Nicole-zv7ee]

I finally understand M1, M2 & M3 money supply now, because of the explanation that he gave. Thank you for another great video!

[@Resmith18SR]

We are all sitting around waiting patiently and eagerly for the SHTF. 😂😂😂

[@mikemcglauflin8985]

That was 2020. Yeah, you're right.

[@BigTomInTheBasement]

Not eager for it. Things will get tough for a lot of people if the currency fails.

[@Resmith18SR]

@@BigTomInTheBasement Hey, I've got news for you, hundreds of thousands have already been suffering for a long, long time. Homeless, malnourished, diseased.

[@BigTomInTheBasement]

@@Resmith18SR sure but it'll be a LOT more. Hundreds of millions. It's not something to be eager for.

[@user-ip9ec1zv6y]

There seems to be a willingness to recognize the real-estate value colaspe because the common citizen suffers the loss. However, price resets will have to ocurr across the board because people will not be able to carry these prices. For instance, I personally can't wait for cars to permanently drop to 20 or 30k. Stay tuned massive demand drops are on the way.

[@robertmardis2110]

Absolutely agree!!

[@berhanegebriel3155]

Excellent interviewer and interviewee. Everything right on the spot. You and kitco's Michelli Makkori are my favorites.

[@shannondavis5728]

United States is the largest corporation in the world & all the taxpayers are the employees of this corporation….so this company/corporation “policies” matters!!!!!#WeCantMakeThisStuffUp!

[@SK-fp4ed]

The government is the largest institution in America. It is the government that controls the money, businesses, and economy.

[@Z.N588]

The end of the U.S economy , it was never the richest anyway

[@RobWilliams007]

Excellent! Thanks.

[@chat5254]

Great info. Thank you!

[@drmarkow1111]

Yeah!!! Was waiting for the gold mention, had to stick around to the end. 🎉

[@tj2791]

Todd, please get a guest that can give us some useful real estate info. Thanks!

[@charletonzimmerman4205]

Todd won't, he just goes along with the "System", won't "Rock the Boat" .

[@sandblast5636]

gfys

[@user-uo7fw5bo1o]

We've been on the Red Queen's treadmill and known it at least since 1974 when the first voices against unsustainable deficit spending were first raised.

[@itninja7771]

We gave 3 trillion in tax breaks to large corporations. this was during the trump administration. This tax money no longer was funding our military, Veterans Adm, FBI, Agriculture, transportation Etc. Departments. Thus, we made up for this lack of funding by borrowing and adding 3 trillion to our 33 trillion-dollar federal deficit. this caused inflation etc.

[@zeebee2407]

Excellent video. Very informative!

[@shirlebryant9427]

EXCELLENT

[@silky2204]

Back in 1997 the commercial buildings had tenants but the tenants were always trying to get cheaper office space. This wasTexas. The Crescent was a place where everyone wanted to be because of the neighbors. But, the Hunts owned the Crescent so the payments were not oppressive like with a commercial building that has a mortgage. So, with commercial buildings with leverage and no or 50% occupancy and a need to refinance at today's interest rates the situation could lead to many defaults.

[@CT-ig2oz]

Great knowledge and very truthful

[@jeffnapoliello]

Thanks!

[@SachsRealty]

Thank you 🙏

[@user-xl6vt7ev2s]

Don't hear in any moment these guy's address the real reason US economy is going down. Greed. Egotistic Abuse Hope US is willing not to wage wars to keep the economic power they are losing. It's time to share. There is enough for every country to be strong. Grow but also let others grow as well.

[@libertyone5853]

Add CORRUPTION!

[@Nigriff]

Go Woke, Go Broke.

[@alabamashagreen2106]

Great show!

[@vermeerrecpt9290]

Excellent and practical, as well as level-headed, explanation of the perilous position of the US economy. Wise people should prepare for the worst and hope for the best.

[@chubbtscott6877]

Appreciate the information 🙏

[@dearhumanityihaveaquestion]

Nursing SHOULD be added to "productivity growth." Hospitals would collapse/ not take care of nearly the same amount of patients without nurses and CEO's sure wouldn't get their huge (ridiculous) bonuses. Nurses constantly have forced, expanded productivity for hospitals with increased patient ratios and pressure for faster turnover/discharging patients to fill the bed with new patients -- a RN who also has an econ degree

[@merlerust1703]

And don't forget the M.D.s

[@dearhumanityihaveaquestion]

@@merlerust1703 I agree, we are all pawns at this point. Time for massive change that benefits everyone except the ceo's padded bank accounts.

[@Crabby007]

We have to get control of these billionaires who think they can just do whatever they want.

[@patriot7633]

Good analyses.

[@natalieoj3078]

Excellent show interesting covered so many important topics for all listeners

[@JT-px2ev]

Very knowledgeable

[@detectiveofmoneypolitics]

Economic investigator Frank G Melbourne Australia is following this very informative content cheers Frank 😊

[@metrocaptain]

Great interview, Todd. Keep these coming. He seems very knowledgeable and based.

[@The1shotcallaz]

Excellent interview 💯

[@elir.torres8642]

This guy is right about building and home prices im the same block. I used to do home loans and the price of your property is based on average price sell data on your block. If a building is refinanced and your building looses values so will adjacent properies and the reverse is teue conversely.

[@gem3092]

EXACTLY!!!! I feel the same about being a parent!

[@loribayne5109]

Another home run guest!! Great info!

[@gardenparty3288]

Todd, thanks for the variety and quality of your guests. I trust this ones 'current' opinion regarding the security of bank deposits.

[@user-qv8mi3tb5o]

Your channel has been killing it lately with the topics, keep up the great work

[@ColdPotato]

The only good thing about this is, it's getting so bad that I don't think the current regime can keep it covered before elections. I hope people wake up and keep politicians on both (lol like there's two sides) of the aisle accountable.

[@radzer0966]

The reason is. Nobody tells them no about getting more money. That’s why we have the problems we have. We need to tell them no. We are removing the internet credit for kids in school with low income. But we won’t stop paying for people’s homes because they are too worthless and nobody wants to hire them. Or they refuse to work.

[@carolynklestinec8589]

In the 80's when we were broke and housing was less lots of commercial buildings office were turned into studio apartments . Retro fitted , and large comercial factories into trendy lofts . We have tonns of homeless on the streets . And now millions of young men across the border . It is a natural fix . No more tiny homes . Studio apartments for buildings already in metro areas . Put these young men to work with the retro fit construction. Tire them out with hard labor keep them from mischief and theft .

[@glauciomotta8600]

Great content!

[@lot2196]

GM sold 594,233 vehicles in the first quarter of 2024.

[@norahathson4318]

Thank you Todd. I’ve learned so much from your streams! 👍

[@antoniann649]

Sensible citizens need to get jobs in the city councils, zoning boards, school boards, precincts, courts, town halls, legislators office and Gov't jobs. Spend money only on companies that support your values. Help make the changes needed

[@robertstaats8391]

Ya it's already here Todd you can see it.

[@phongy45]

Why why why ????

[@michaelchurch1477]

Great work!

[@pauldusa]

Neither of you both didn’t mention about the rich given money that the middle class didn’t get

[@Resmith18SR]

You mean like the almost 1 million dollar PPP loan that Tom Brady received and was later completely forgiven by the U.S. government? Tom needed that million to buy his new yacht. Don't you understand? 😂

[@acesupsilver1039]

in 2008 it was called bank predatory loans... lines of people in L.A. trying to get help from some bull group called NACA..I had to take a government course on accounting when I went bankrupt! I now could show the Government how to get out of this! Peter Schiff Style..lol

[@Nigriff]

Let's Go Brandon 🎉

[@RobWilliams007]

The only way to keep corporate America from buying up all the single family homes, is to offer the seller a $3 to $5,000 tax rebate for selling to a non-corporate entity and or charge corporation for buying them (but, they have so much money that it would probably be better to give an incentive to the seller).

[@tombox2759]

Chapter 7. You all get the day off.

[@caradelatorre7710]

I have never been unemployed because of a recession. I worked at a movie theater and a grocery store in 2008. Now I work in the healthcare sector only because of being a housekeeper at a decent size level two trauma hospital Washington state. Is this consider part of the service sector or healthcare or both. I doubt even in a downturn this job will not go out of business. When three out of every five patients is a senior and on medicare and possible medicaid if they are poor enough. I also work part time washing dishes at a retirement/assisted living facility. I also work in home care on call and another assisted living facility on call as a caregiver. yes there are low paying jobs. Pay between $17.50 to $21. In my six years at the hospital I have 100+ people not stay in housekeeping there. They leave, retire or change department leaving multiple openings. Do you think the younger generations are lazy when it comes to wanted to work or just fusterated with wages and cost of living? I read comments after many videos where the young refuse to work two low wage jobs and still be broke but complain about emigrants taking jobs at these rates of pay. The biggest fear I have if politicians reduce funding for medicare, medicaid and social security to get the debt under control. I bad as this sounds I would reduce foreign aid to Ukraine and Israel and to see what happens in the wars. I think sadly Ukraine is not going to win outright against Russia because they have more troops however the are now resorting using golf carts and and normal trucks for military entering Ukraine.

[@stevenevangelist5221]

Wendy's was empty yesterday. It was $1 Tuesday Jr. Cheeseburger buy another item. Lunch time.

[@roadtrip2943]

Divide 72 by the cpi increase rate.at 2% prices double in 36 years. St 3% prices double in 24 years. At 4% prices double in 18 years at 5 % prices double in 14 years at 6% prices double in 12 yesrs

[@ask_why000]

The downfall of globalism is bumpy.

[@stevo728822]

So M0, M1, M2, M3, M4 are categories of liquidity. With M0 being the most time liquid and M4 being the least time liquid.

[@RBAILEY57]

Brace for impact!

[@arethereanyuniquehandles]

Deficit spending happens because of a recession, both as social safety nets go up, and revenues down, plus the fiscal spending is to help further get out of a recession. The problem is countries are hugely deficit spending to avoid a recession, which is somewhat working, and trying to help retain power in upcoming elections. The problem is you can't do it forever, but people don't get it, and will vote the current administration if they think the economy is strong. I am not sure people are going to be fooled, we will find out come November for the US.

[@sonnywaters4149]

Do you really think the Republicans care about this? Only when Dems lead. The only major bill passed under Trump was a massive tax cut and a huge relief bill for Covid, both of spiked the debt. Get real.

[@sandblast5636]

100 % correct

[@jonathanchristman335]

I cut down our living expenses low to the point I can get my wife and I out of credit card debt by the end of the year. 17k left But would it just be better and pay those minimums and instead just buy physical gold?