The low end consumer has been hit for 3 or 4 or 5 months. I live in a small town and you can see it all around. With the exception is home prices that equal Dallas or Houston.
Outstanding information,with world crisis,rising inflation and economic instability due to poor governance, consider digital assets as a means to attain financial freedom.
Are individuals still holding digital assets? I didn’t know that , I guess a few know about integrating into the micro economy to help substitute FIAT or usdt for a more tangible exchange Experience, it more like capitalization with about 43.307% profits/ ROI weekly though.. Angela grace boots ,got me covered.
That's the conundrum. Yes you can get Chinese cars cheaper and so many other things but what does that do to your much reduced manufacturing base? We can't all just take in each other's laundry.
The fact of the matter is people only will buy what they can afford. American don’t care about buying American anymore we just care about cheap and affordable. Don’t blame the American people or companies for wanting to bring in profits for this, blame politicians for their policies that force companies and Americans into a corner like this.
This guy must speak for the top 25% income earners. Everyone else is and has been in recession. And no. Having radical trade imbalances is not good for the consumer! We have never imported chinese cars. And probably never should. Definitely not under current economic conditions....
minute 22 : you have to love the cinhese " producing BETTER" LOL LOL Yeah,they produce cheaper,that's sure.Better? In best case they produce something at satisfactory quality,ideal for cosumerism and globasists.Personally i try to avoid (when possible !) the "made in China".Once the inflations bites in West,the wise westerner will stop buying just because it's cheaper and will demand a (minimimum) quality.And this will bite for sure China and encourage the quality prodcts made in Europe and US
Recession will eventually happen but nothing out there is telling us it’s imminent. PLEASE do not short the market based on what this European is saying
Where I'm at in Europe its imminent, in fact we are there. Unemployment is low still but I can't see how this continues from here. Either companies are still in labour hoarding mode combined with higher cash reserves from two years of price gouging
Good interview. Always love hearing from the brilliant Louis Vincent Gave!
A great interview.
I really enjoyed it. Thank you. Louie is brilliant. You should bring him on more often in the future.
The quality of analysis of Louis Vincent Gave deserves a better microphone!
Do you agree with Louis about the risk of a recession?
Great content
the right channel audio interludes drive me nuts
Very honest guest. Is his office a YMCA restroom? Did i buy a similar pair of headphones for my TRS-80 at Radio Shack in '93?
😅
Does the ending of the PetroDollar agreement become the most important impact of the USD Empire ?
turn on your mic , and pls try to script your questions so you don't sound like you're unprepared...
Thanks great interview
When everyone is in agreement of no recession, that’s when the stock market flips the opposite direction!
The low end consumer has been hit for 3 or 4 or 5 months. I live in a small town and you can see it all around. With the exception is home prices that equal Dallas or Houston.
Thanks you ❤
Great interview 👍
Fantastic interview
Right time for the conversation, thanks.
Love the show. Thank you
22:40
2000 KM on 1 tank of gas? How huge is the tank? 😅
Love when Louie on anywhere
Thank you Anthony
I dont trust anyone claiming we are not in s recession. We have been in a recession.
Does this guy understand half of what Louis is saying?
Outstanding information,with world crisis,rising inflation and economic instability due to poor governance, consider digital assets as a means to attain financial freedom.
Are individuals still holding digital assets? I didn’t know that , I guess a few know about integrating into the micro economy to help substitute FIAT or usdt for a more tangible exchange Experience, it more like capitalization with about 43.307% profits/ ROI weekly though.. Angela grace boots ,got me covered.
I just checked her up on google, she’s verified and licensed broker.
Searched the name and found her full details
I highly recommend Angela grace boots for the exceptional services, which not only securing my retirement but also advanced my career significantly
Agree with Louis, I would be more pessimistic on EM's atleast in the near term
That's the conundrum. Yes you can get Chinese cars cheaper and so many other things but what does that do to your much reduced manufacturing base? We can't all just take in each other's laundry.
The fact of the matter is people only will buy what they can afford. American don’t care about buying American anymore we just care about cheap and affordable. Don’t blame the American people or companies for wanting to bring in profits for this, blame politicians for their policies that force companies and Americans into a corner like this.
I will blame any American that buys one of those junk Chinese cars.
Is he inside of a cell
This guy must speak for the top 25% income earners. Everyone else is and has been in recession. And no. Having radical trade imbalances is not good for the consumer! We have never imported chinese cars. And probably never should. Definitely not under current economic conditions....
minute 22 : you have to love the cinhese " producing BETTER" LOL LOL Yeah,they produce cheaper,that's sure.Better? In best case they produce something at satisfactory quality,ideal for cosumerism and globasists.Personally i try to avoid (when possible !) the "made in China".Once the inflations bites in West,the wise westerner will stop buying just because it's cheaper and will demand a (minimimum) quality.And this will bite for sure China and encourage the quality prodcts made in Europe and US
Recession will eventually happen but nothing out there is telling us it’s imminent. PLEASE do not short the market based on what this European is saying
Where I'm at in Europe its imminent, in fact we are there. Unemployment is low still but I can't see how this continues from here. Either companies are still in labour hoarding mode combined with higher cash reserves from two years of price gouging
It's already began
In recession now. The lag effect is coming to an end!
I couldn’t get over how the host’s looks improved dramatically for the better….. what is the secret?????😮
Bro, ain't gonna help to build the best car if no one wants to buy it from you because you bit the hand that fed you